Polen Capital Management 13F holdings, Q4 2024
Holdings as of December 31, 2024 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 124 US equity positions worth $37.0bn in its Q4 2024 13F filing. The largest position was AMZN at 11.6% of the reported book, followed by MSFT and GOOG. Against the Q3 2024 filing, it opened 5 new positions, added to 7 and reduced 36 among the top 50 holdings.
What did Polen Capital Management own in Q4 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2024 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 11.6% | $4.3bn | 19,546,612 | -24% | reduced |
| 2 | MSFT MICROSOFT CORP | Technology | 7.3% | $2.7bn | 6,410,882 | -9% | reduced |
| 3 | GOOG ALPHABET INC | Communication Services | 5.7% | $2.1bn | 11,076,271 | -14% | reduced |
| 4 | V VISA INC | Financial Services | 5.6% | $2.1bn | 6,578,733 | -9% | reduced |
| 5 | MA MASTERCARD INCORPORATED | Financial Services | 5.0% | $1.8bn | 3,492,466 | -9% | reduced |
| 6 | SHOP SHOPIFY INC | Technology | 4.9% | $1.8bn | 17,079,480 | -10% | reduced |
| 7 | ORCL ORACLE CORP | Technology | 4.8% | $1.8bn | 10,723,731 | 22% | added |
| 8 | NOW SERVICENOW INC | Technology | 4.7% | $1.7bn | 1,634,595 | -26% | reduced |
| 9 | AAPL APPLE INC | Technology | 4.2% | $1.5bn | 6,169,513 | -8% | reduced |
| 10 | NFLX NETFLIX INC | Communication Services | 4.2% | $1.5bn | 1,727,862 | -9% | reduced |
| 11 | ABT ABBOTT LABS | Healthcare | 3.9% | $1.4bn | 12,688,363 | -9% | reduced |
| 12 | ADBE ADOBE INC | Technology | 3.6% | $1.3bn | 3,015,574 | -9% | reduced |
| 13 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 3.5% | $1.3bn | 2,461,195 | -12% | reduced |
| 14 | ACCENTURE PLC IRELAND | 3.4% | $1.2bn | 3,526,610 | -10% | reduced | |
| 15 | MSCI MSCI INC | Financial Services | 3.3% | $1.2bn | 2,032,238 | -9% | reduced |
| 16 | ZTS ZOETIS INC | Healthcare | 3.3% | $1.2bn | 7,483,194 | 18% | added |
| 17 | WDAY WORKDAY INC | Technology | 3.0% | $1.1bn | 4,287,623 | -11% | reduced |
| 18 | ABNB AIRBNB INC | Consumer Cyclical | 2.9% | $1.1bn | 8,216,914 | -11% | reduced |
| 19 | LLY ELI LILLY & CO | Healthcare | 2.7% | $1.0bn | 1,295,389 | 164% | added |
| 20 | PAYC PAYCOM SOFTWARE INC | Technology | 1.8% | $650.1m | 3,171,660 | -10% | reduced |
| 21 | UNH UNITEDHEALTH GROUP INC | Healthcare | 1.5% | $569.4m | 1,125,593 | -44% | reduced |
| 22 | NVO NOVO-NORDISK A S | Healthcare | 1.5% | $551.0m | 6,405,748 | -7% | reduced |
| 23 | CSGP COSTAR GROUP INC | Real Estate | 1.3% | $465.1m | 6,497,188 | – | new |
| 24 | IT GARTNER INC | Technology | 1.2% | $437.3m | 902,690 | -39% | reduced |
| 25 | AON AON PLC | Financial Services | 0.7% | $258.4m | 719,322 | -8% | reduced |
| 26 | SAP SAP SE | Technology | 0.7% | $246.2m | 999,944 | -6% | reduced |
| 27 | GOOGL ALPHABET INC | Communication Services | 0.6% | $232.9m | 1,230,197 | -3% | reduced |
| 28 | ISHARES TR | 0.5% | $202.2m | 503,619 | 210% | added | |
| 29 | ICLR ICON PLC | Healthcare | 0.4% | $149.2m | 711,510 | -32% | reduced |
| 30 | GLOB GLOBANT S A | Technology | 0.4% | $136.1m | 634,524 | 0% | held |
| 31 | MDT MEDTRONIC PLC | Healthcare | 0.2% | $62.5m | 782,478 | -24% | reduced |
| 32 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.2% | $62.2m | 36,595 | -6% | reduced |
| 33 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 0.1% | $52.6m | 179,749 | -9% | reduced |
| 34 | HDB HDFC BANK LTD | Financial Services | 0.1% | $49.5m | 774,580 | -8% | reduced |
| 35 | ASML ASML HOLDING N V | Technology | 0.1% | $43.1m | 62,141 | -8% | reduced |
| 36 | WTW WILLIS TOWERS WATSON PLC LTD | Financial Services | 0.1% | $40.3m | 128,586 | – | new |
| 37 | ISHARES TR | 0.1% | $37.3m | 317,801 | 249% | added | |
| 38 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 0.1% | $27.2m | 60,861 | – | new |
| 39 | NU NU HLDGS LTD | Financial Services | 0.1% | $23.2m | 2,243,471 | – | new |
| 40 | ISHARES TR | 0.1% | $19.8m | 380,271 | 863% | added | |
| 41 | VANGUARD INDEX FDS | 0.0% | $16.0m | 39,046 | 183% | added | |
| 42 | ON HLDG AG | 0.0% | $15.2m | 278,383 | -6% | reduced | |
| 43 | EXLS EXLSERVICE HOLDINGS INC | Technology | 0.0% | $14.2m | 319,490 | -2% | reduced |
| 44 | UNILEVER PLC | 0.0% | $13.8m | 244,122 | -5% | reduced | |
| 45 | MNDY MONDAY COM LTD | Technology | 0.0% | $12.5m | 53,186 | – | new |
| 46 | TME TENCENT MUSIC ENTMT GROUP | Communication Services | 0.0% | $12.0m | 1,059,587 | -31% | reduced |
| 47 | RVLV REVOLVE GROUP INC | Consumer Cyclical | 0.0% | $10.2m | 304,529 | -24% | reduced |
| 48 | GOOSEHEAD INS INC | 0.0% | $9.0m | 84,310 | -20% | reduced | |
| 49 | CCC CCC INTELLIGENT SOLUTIONS HL | Technology | 0.0% | $8.9m | 762,304 | -4% | reduced |
| 50 | HLNE HAMILTON LANE INC | Financial Services | 0.0% | $8.2m | 55,644 | -0% | held |
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.