Polen Capital Management 13F holdings, Q3 2024
Holdings as of September 30, 2024 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 118 US equity positions worth $38.7bn in its Q3 2024 13F filing. The largest position was AMZN at 12.4% of the reported book, followed by MSFT and GOOG. Against the Q2 2024 filing, it opened 3 new positions, added to 12 and reduced 34 among the top 50 holdings.
What did Polen Capital Management own in Q3 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2024 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 12.4% | $4.8bn | 25,744,857 | -13% | reduced |
| 2 | MSFT MICROSOFT CORP | Technology | 7.8% | $3.0bn | 7,012,465 | -22% | reduced |
| 3 | GOOG ALPHABET INC | Communication Services | 5.5% | $2.1bn | 12,821,010 | -23% | reduced |
| 4 | V VISA INC | Financial Services | 5.2% | $2.0bn | 7,257,741 | -9% | reduced |
| 5 | NOW SERVICENOW INC | Technology | 5.1% | $2.0bn | 2,223,744 | -10% | reduced |
| 6 | MA MASTERCARD INCORPORATED | Financial Services | 4.9% | $1.9bn | 3,833,355 | -10% | reduced |
| 7 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 4.5% | $1.7bn | 2,806,786 | -10% | reduced |
| 8 | ADBE ADOBE INC | Technology | 4.4% | $1.7bn | 3,311,628 | 24% | added |
| 9 | ABT ABBOTT LABS | Healthcare | 4.1% | $1.6bn | 13,937,610 | -9% | reduced |
| 10 | AAPL APPLE INC | Technology | 4.1% | $1.6bn | 6,736,143 | – | new |
| 11 | SHOP SHOPIFY INC | Technology | 3.9% | $1.5bn | 18,967,838 | 29% | added |
| 12 | ORCL ORACLE CORP | Technology | 3.9% | $1.5bn | 8,767,967 | – | new |
| 13 | ACCENTURE PLC IRELAND | 3.6% | $1.4bn | 3,902,146 | -10% | reduced | |
| 14 | NFLX NETFLIX INC | Communication Services | 3.5% | $1.4bn | 1,907,867 | -10% | reduced |
| 15 | MSCI MSCI INC | Financial Services | 3.4% | $1.3bn | 2,228,293 | 35% | added |
| 16 | ZTS ZOETIS INC | Healthcare | 3.2% | $1.2bn | 6,366,653 | -10% | reduced |
| 17 | WDAY WORKDAY INC | Technology | 3.0% | $1.2bn | 4,802,526 | 40% | added |
| 18 | UNH UNITEDHEALTH GROUP INC | Healthcare | 3.0% | $1.2bn | 1,996,422 | -11% | reduced |
| 19 | ABNB AIRBNB INC | Consumer Cyclical | 3.0% | $1.2bn | 9,182,584 | -10% | reduced |
| 20 | NVO NOVO-NORDISK A S | Healthcare | 2.1% | $816.2m | 6,854,659 | -8% | reduced |
| 21 | IT GARTNER INC | Technology | 1.9% | $744.6m | 1,469,390 | -11% | reduced |
| 22 | PAYC PAYCOM SOFTWARE INC | Technology | 1.5% | $584.8m | 3,510,896 | 57% | added |
| 23 | LLY ELI LILLY & CO | Healthcare | 1.1% | $434.1m | 489,955 | -10% | reduced |
| 24 | ICLR ICON PLC | Healthcare | 0.8% | $302.8m | 1,053,770 | -3% | reduced |
| 25 | AON AON PLC | Financial Services | 0.7% | $270.4m | 781,489 | -5% | reduced |
| 26 | SAP SAP SE | Technology | 0.6% | $243.9m | 1,064,415 | -15% | reduced |
| 27 | GOOGL ALPHABET INC | Communication Services | 0.5% | $211.3m | 1,274,326 | -39% | reduced |
| 28 | GLOB GLOBANT S A | Technology | 0.3% | $125.4m | 632,979 | 33% | added |
| 29 | MDT MEDTRONIC PLC | Healthcare | 0.2% | $92.1m | 1,023,029 | -3% | reduced |
| 30 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.2% | $80.1m | 39,015 | 26% | added |
| 31 | ISHARES TR | 0.2% | $60.9m | 162,206 | -46% | reduced | |
| 32 | ASML ASML HOLDING N V | Technology | 0.1% | $56.1m | 67,283 | 32% | added |
| 33 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 0.1% | $54.8m | 198,152 | -60% | reduced |
| 34 | HDB HDFC BANK LTD | Financial Services | 0.1% | $52.5m | 839,039 | -2% | reduced |
| 35 | TME TENCENT MUSIC ENTMT GROUP | Communication Services | 0.0% | $18.6m | 1,539,938 | 2% | added |
| 36 | UNILEVER PLC | 0.0% | $16.7m | 257,804 | -49% | reduced | |
| 37 | ON HLDG AG | 0.0% | $14.8m | 295,518 | – | new | |
| 38 | PDD PDD HOLDINGS INC | Consumer Cyclical | 0.0% | $12.7m | 94,050 | 71% | added |
| 39 | EXLS EXLSERVICE HOLDINGS INC | Technology | 0.0% | $12.4m | 325,845 | -0% | held |
| 40 | ISHARES TR | 0.0% | $10.9m | 91,122 | -48% | reduced | |
| 41 | HLI HOULIHAN LOKEY INC | Financial Services | 0.0% | $10.8m | 68,311 | -17% | reduced |
| 42 | LVS LAS VEGAS SANDS CORP | Consumer Cyclical | 0.0% | $10.2m | 202,934 | 3% | added |
| 43 | RVLV REVOLVE GROUP INC | Consumer Cyclical | 0.0% | $10.0m | 402,820 | -21% | reduced |
| 44 | CRM SALESFORCE INC | Technology | 0.0% | $9.8m | 35,710 | -99% | reduced |
| 45 | YUMC YUM CHINA HLDGS INC | Consumer Cyclical | 0.0% | $9.5m | 210,855 | 5% | added |
| 46 | GOOSEHEAD INS INC | 0.0% | $9.5m | 105,858 | -18% | reduced | |
| 47 | HLNE HAMILTON LANE INC | Financial Services | 0.0% | $9.4m | 55,830 | -29% | reduced |
| 48 | GNRC GENERAC HLDGS INC | Industrials | 0.0% | $9.2m | 57,902 | -18% | reduced |
| 49 | CCC CCC INTELLIGENT SOLUTIONS HL | Technology | 0.0% | $8.8m | 796,190 | -7% | reduced |
| 50 | CWAN CLEARWATER ANALYTICS HLDGS I | Technology | 0.0% | $8.6m | 338,954 | -41% | 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.