Polen Capital Management 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 99 US equity positions worth $38.0bn in its Q3 2023 13F filing. The largest position was AMZN at 12.5% of the reported book, followed by GOOG and NFLX. Against the Q2 2023 filing, it opened 3 new positions, added to 15 and reduced 28 among the top 50 holdings.
What did Polen Capital Management own in Q3 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 12.5% | $4.8bn | 37,398,151 | -11% | reduced |
| 2 | GOOG ALPHABET INC | Communication Services | 6.8% | $2.6bn | 19,492,288 | -4% | reduced |
| 3 | NFLX NETFLIX INC | Communication Services | 6.4% | $2.4bn | 6,437,255 | -3% | reduced |
| 4 | MSFT MICROSOFT CORP | Technology | 5.9% | $2.3bn | 7,151,377 | -4% | reduced |
| 5 | NOW SERVICENOW INC | Technology | 5.9% | $2.2bn | 3,994,534 | -5% | reduced |
| 6 | ADBE ADOBE INC | Technology | 5.8% | $2.2bn | 4,324,053 | -7% | reduced |
| 7 | MA MASTERCARD INCORPORATED | Financial Services | 5.0% | $1.9bn | 4,798,026 | -4% | reduced |
| 8 | V VISA INC | Financial Services | 4.6% | $1.7bn | 7,569,168 | -4% | reduced |
| 9 | CRM SALESFORCE INC | Technology | 4.1% | $1.6bn | 7,660,386 | -3% | reduced |
| 10 | ACCENTURE PLC IRELAND | 4.0% | $1.5bn | 4,989,956 | -3% | reduced | |
| 11 | ABNB AIRBNB INC | Consumer Cyclical | 4.0% | $1.5bn | 11,071,064 | -4% | reduced |
| 12 | ABT ABBOTT LABS | Healthcare | 3.4% | $1.3bn | 13,480,736 | -3% | reduced |
| 13 | UNH UNITEDHEALTH GROUP INC | Healthcare | 3.4% | $1.3bn | 2,538,134 | -4% | reduced |
| 14 | PYPL PAYPAL HLDGS INC | Financial Services | 3.3% | $1.3bn | 21,685,665 | -2% | reduced |
| 15 | ADSK AUTODESK INC | Technology | 2.9% | $1.1bn | 5,349,776 | -2% | reduced |
| 16 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 2.9% | $1.1bn | 2,151,028 | -4% | reduced |
| 17 | ZTS ZOETIS INC | Healthcare | 2.4% | $898.4m | 5,163,881 | -4% | reduced |
| 18 | WDAY WORKDAY INC | Technology | 2.2% | $848.7m | 3,950,320 | 2% | added |
| 19 | NVO NOVO-NORDISK A S | Healthcare | 1.9% | $719.0m | 7,906,255 | – | new |
| 20 | ILMN ILLUMINA INC | Healthcare | 1.9% | $703.8m | 5,126,614 | 1% | added |
| 21 | IT GARTNER INC | Technology | 1.7% | $658.1m | 1,915,189 | -2% | reduced |
| 22 | NKE NIKE INC | Consumer Cyclical | 1.5% | $588.8m | 6,157,296 | -3% | reduced |
| 23 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 1.2% | $471.5m | 1,544,171 | -2% | reduced |
| 24 | LLY ELI LILLY & CO | Healthcare | 0.9% | $335.1m | 623,812 | – | new |
| 25 | ICLR ICON PLC | Healthcare | 0.8% | $301.2m | 1,222,961 | -17% | reduced |
| 26 | GOOGL ALPHABET INC | Communication Services | 0.7% | $284.1m | 2,171,266 | -4% | reduced |
| 27 | AON AON PLC | Financial Services | 0.7% | $264.3m | 815,290 | 1% | added |
| 28 | SAP SAP SE | Technology | 0.4% | $163.3m | 1,262,674 | -0% | held |
| 29 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 0.3% | $120.4m | 500,514 | -8% | reduced |
| 30 | ISHARES TR | 0.2% | $79.7m | 299,494 | 134% | added | |
| 31 | GLOB GLOBANT S A | Technology | 0.2% | $72.9m | 368,492 | 0% | held |
| 32 | MSCI MSCI INC | Financial Services | 0.2% | $71.4m | 139,245 | – | new |
| 33 | MDT MEDTRONIC PLC | Healthcare | 0.2% | $62.3m | 794,789 | 2% | added |
| 34 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.2% | $61.5m | 48,488 | 0% | held |
| 35 | SHOP SHOPIFY INC | Technology | 0.1% | $43.8m | 802,650 | 2% | added |
| 36 | UNILEVER PLC | 0.1% | $38.7m | 782,535 | 2% | added | |
| 37 | ASML ASML HOLDING N V | Technology | 0.1% | $38.4m | 65,222 | 2% | added |
| 38 | DLO DLOCAL LTD | Technology | 0.1% | $36.9m | 1,923,273 | 14% | added |
| 39 | HDB HDFC BANK LTD | Financial Services | 0.1% | $27.9m | 473,113 | 2% | added |
| 40 | FORUM ENERGY TECHNOLOGIES IN | 0.1% | $24.7m | 25,153,000 | 0% | held | |
| 41 | TME TENCENT MUSIC ENTMT GROUP | Communication Services | 0.1% | $22.4m | 3,518,249 | 10% | added |
| 42 | EL LAUDER ESTEE COS INC | Consumer Defensive | 0.1% | $19.6m | 135,734 | 7% | added |
| 43 | GOOSEHEAD INS INC | 0.0% | $16.5m | 221,873 | -4% | reduced | |
| 44 | LVS LAS VEGAS SANDS CORP | Consumer Cyclical | 0.0% | $14.6m | 318,881 | -4% | reduced |
| 45 | EPAM EPAM SYS INC | Technology | 0.0% | $14.3m | 55,925 | -4% | reduced |
| 46 | HLI HOULIHAN LOKEY INC | Financial Services | 0.0% | $13.8m | 128,967 | -1% | reduced |
| 47 | ATHM AUTOHOME INC | Communication Services | 0.0% | $13.7m | 452,923 | -4% | reduced |
| 48 | FIVE FIVE BELOW INC | Consumer Cyclical | 0.0% | $12.5m | 77,428 | 6% | added |
| 49 | ALIGHT INC | 0.0% | $12.0m | 1,694,077 | 23% | added | |
| 50 | PGNY PROGYNY INC | Healthcare | 0.0% | $11.9m | 349,163 | 26% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.