Polen Capital Management 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 104 US equity positions worth $43.3bn in its Q1 2024 13F filing. The largest position was AMZN at 14.3% of the reported book, followed by MSFT and GOOG. Against the Q4 2023 filing, it opened 0 new positions, added to 22 and reduced 25 among the top 50 holdings.
What did Polen Capital Management own in Q1 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 14.3% | $6.2bn | 34,411,241 | -5% | reduced |
| 2 | MSFT MICROSOFT CORP | Technology | 9.4% | $4.1bn | 9,665,372 | -3% | reduced |
| 3 | GOOG ALPHABET INC | Communication Services | 6.4% | $2.8bn | 18,078,336 | -4% | reduced |
| 4 | V VISA INC | Financial Services | 5.4% | $2.3bn | 8,392,490 | 15% | added |
| 5 | NFLX NETFLIX INC | Communication Services | 5.4% | $2.3bn | 3,839,310 | -6% | reduced |
| 6 | MA MASTERCARD INCORPORATED | Financial Services | 5.0% | $2.2bn | 4,469,582 | -4% | reduced |
| 7 | CRM SALESFORCE INC | Technology | 4.8% | $2.1bn | 6,954,745 | -4% | reduced |
| 8 | NOW SERVICENOW INC | Technology | 4.7% | $2.0bn | 2,662,881 | -30% | reduced |
| 9 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 4.4% | $1.9bn | 3,258,927 | 60% | added |
| 10 | ABT ABBOTT LABS | Healthcare | 4.2% | $1.8bn | 16,141,237 | 20% | added |
| 11 | ABNB AIRBNB INC | Consumer Cyclical | 4.1% | $1.8bn | 10,729,752 | 2% | added |
| 12 | ACCENTURE PLC IRELAND | 3.7% | $1.6bn | 4,628,987 | -4% | reduced | |
| 13 | ADBE ADOBE INC | Technology | 3.3% | $1.4bn | 2,836,122 | -32% | reduced |
| 14 | ADSK AUTODESK INC | Technology | 3.0% | $1.3bn | 4,938,732 | -4% | reduced |
| 15 | ZTS ZOETIS INC | Healthcare | 2.7% | $1.2bn | 7,005,114 | 41% | added |
| 16 | UNH UNITEDHEALTH GROUP INC | Healthcare | 2.7% | $1.2bn | 2,393,781 | -2% | reduced |
| 17 | WDAY WORKDAY INC | Technology | 2.3% | $1.0bn | 3,682,106 | -2% | reduced |
| 18 | NVO NOVO-NORDISK A S | Healthcare | 2.3% | $997.5m | 7,768,779 | -2% | reduced |
| 19 | NKE NIKE INC | Consumer Cyclical | 2.1% | $890.1m | 9,471,571 | 60% | added |
| 20 | IT GARTNER INC | Technology | 1.9% | $833.6m | 1,748,829 | -3% | reduced |
| 21 | LLY ELI LILLY & CO | Healthcare | 1.1% | $455.0m | 584,806 | -2% | reduced |
| 22 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 0.9% | $398.8m | 1,216,069 | -4% | reduced |
| 23 | ICLR ICON PLC | Healthcare | 0.9% | $368.9m | 1,098,219 | -8% | reduced |
| 24 | GOOGL ALPHABET INC | Communication Services | 0.7% | $322.3m | 2,135,363 | -0% | held |
| 25 | PAYC PAYCOM SOFTWARE INC | Technology | 0.7% | $302.6m | 1,520,282 | 9172% | added |
| 26 | AON AON PLC | Financial Services | 0.6% | $277.0m | 830,116 | 1% | added |
| 27 | SAP SAP SE | Technology | 0.6% | $248.6m | 1,274,726 | 3% | added |
| 28 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 0.3% | $125.5m | 502,060 | -0% | held |
| 29 | GLOB GLOBANT S A | Technology | 0.2% | $100.7m | 498,574 | 39% | added |
| 30 | MDT MEDTRONIC PLC | Healthcare | 0.2% | $92.9m | 1,065,609 | 8% | added |
| 31 | MSCI MSCI INC | Financial Services | 0.2% | $76.3m | 136,056 | 1% | added |
| 32 | SHOP SHOPIFY INC | Technology | 0.1% | $64.1m | 830,755 | 7% | added |
| 33 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.1% | $50.3m | 33,280 | -23% | reduced |
| 34 | ASML ASML HOLDING N V | Technology | 0.1% | $49.6m | 51,109 | 7% | added |
| 35 | HDB HDFC BANK LTD | Financial Services | 0.1% | $39.8m | 710,550 | 26% | added |
| 36 | TME TENCENT MUSIC ENTMT GROUP | Communication Services | 0.1% | $29.8m | 2,662,781 | 3% | added |
| 37 | ISHARES TR | 0.1% | $25.5m | 75,786 | -82% | reduced | |
| 38 | UNILEVER PLC | 0.1% | $25.1m | 500,827 | 7% | added | |
| 39 | FORUM ENERGY TECHNOLOGIES IN | 0.1% | $23.6m | 23,813,049 | -5% | reduced | |
| 40 | BIL SPDR SER TR | 0.1% | $22.9m | 249,900 | -59% | reduced | |
| 41 | DLO DLOCAL LTD | Technology | 0.0% | $18.8m | 1,279,920 | 6% | added |
| 42 | PGNY PROGYNY INC | Healthcare | 0.0% | $14.4m | 377,944 | 11% | added |
| 43 | ALIGHT INC | 0.0% | $12.7m | 1,287,304 | -16% | reduced | |
| 44 | YUMC YUM CHINA HLDGS INC | Consumer Cyclical | 0.0% | $12.2m | 307,085 | 13% | added |
| 45 | LVS LAS VEGAS SANDS CORP | Consumer Cyclical | 0.0% | $12.0m | 231,956 | -0% | held |
| 46 | HLI HOULIHAN LOKEY INC | Financial Services | 0.0% | $11.5m | 90,022 | -29% | reduced |
| 47 | RVLV REVOLVE GROUP INC | Consumer Cyclical | 0.0% | $11.0m | 520,467 | 27% | added |
| 48 | HLNE HAMILTON LANE INC | Financial Services | 0.0% | $10.4m | 91,919 | -4% | reduced |
| 49 | EXLS EXLSERVICE HOLDINGS INC | Technology | 0.0% | $9.9m | 310,415 | 250% | added |
| 50 | EPAM EPAM SYS INC | Technology | 0.0% | $9.9m | 35,705 | -2% | reduced |
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.