Polen Capital Management LLC

Boca Raton, FL 23 processed 13Fs on this site, 2021 Q3 to 2026 Q2

$11.6B
219 holdings
2026 Q2
−19.7% QoQ
Top 5 33.5%

Portfolio

2026 Q2, filed 8/4/2026, top 12 of 219 holdings

Top 5 33.5%, top 10 58.8%

AUM over time

2026 Q2 $11.6B −19.7% QoQ

Q3 2021

Q1 2022

Q1 2023

Q1 2024

Q1 2025

Q1 2026

Book

2024 Q3 2024 Q2, filed 13 Nov, long equity only

Download CSV Download Excel All activity


AMZN, Amazon	12.38%, was 14.36%	Reduce −13.1%	25,744,857	$186.33	$4.8B	−3,879,033	−$928M
MSFT, Microsoft	7.79%, was 10.08%	Reduce −22.0%	7,012,465	$430.30	$3B	−1,973,084	−$999M
GOOG, Alphabet Class C	5.53%, was 7.68%	Reduce −23.1%	12,821,010	$167.19	$2.1B	−3,861,923	−$916M
V, Visa	5.15%, was 5.27%	Reduce −9.3%	7,257,741	$274.95	$2B	−739,881	−$104M
NOW, ServiceNow	5.13%	Reduce −10.4%	2,223,744	$894.39	$2B	−259,054	+$36M
MA, Mastercard	4.89%	Reduce −9.6%	3,833,355	$493.80	$1.9B	−406,640	+$22M
TMO, Thermo Fisher Scientific	4.48%	Reduce −9.5%	2,806,786	$618.57	$1.7B	−295,224	+$21M
ADBE, Adobe	4.43%, was 3.71%	Add +24.3%	3,311,628	$517.78	$1.7B	+646,442	+$234M
ABT, Abbott Laboratories	4.10%	Reduce −8.9%	13,937,610	$114.01	$1.6B	−1,368,212	−$1.4M
AAPL, Apple	4.05%	New	6,736,143	$233.00	$1.6B	+6,736,143	+$1.6B
SHOP, Shopify	3.92%, was 2.44%	Add +28.8%	18,967,838	$80.14	$1.5B	+4,245,484	+$548M
ORCL, Oracle	3.86%	New	8,767,967	$170.40	$1.5B	+8,767,967	+$1.5B
ACN, Accenture	3.56%	Reduce −10.0%	3,902,146	$353.48	$1.4B	−431,436	+$64M
NFLX, Netflix	3.49%, was 3.59%	Reduce −10.0%	1,907,867	$709.27	$1.4B	−211,461	−$77M
MSCI	3.35%, was 1.99%	Add +35.0%	2,228,293	$582.93	$1.3B	+577,843	+$504M
ZTS, Zoetis	3.21%	Reduce −9.6%	6,366,653	$195.38	$1.2B	−679,398	+$22M
WDAY, Workday	3.03%, was 1.92%	Add +40.1%	4,802,526	$244.41	$1.2B	+1,373,625	+$407M
UNH, UnitedHealth Group	3.01%	Reduce −11.2%	1,996,422	$584.68	$1.2B	−252,630	+$22M
ABNB, Airbnb	3.01%, was 3.87%	Reduce −9.7%	9,182,584	$126.81	$1.2B	−990,880	−$378M
NVO, Novo Nordisk	2.11%, was 2.67%	Reduce −8.0%	6,854,659	$119.07	$816M	−593,313	−$247M
IT, Gartner	1.92%	Reduce −11.0%	1,469,390	$506.76	$745M	−181,401	+$3.3M
PAYC, Paycom Software	1.51%, was 0.80%	Add +57.0%	3,510,896	$166.57	$585M	+1,274,771	+$265M
LLY, Eli Lilly	1.12%, was 1.24%	Reduce −10.4%	489,955	$885.94	$434M	−57,110	−$61M
ICLR, Icon	0.78%, was 0.85%	Reduce −2.9%	1,053,770	$287.31	$303M	−31,292	−$37M
AON, Aon	0.70%	Reduce −4.9%	781,489	$345.99	$270M	−40,552	+$29M
SAP	0.63%	Reduce −15.2%	1,064,415	$229.10	$244M	−190,114	−$9.2M
GOOGL, Alphabet Class A	0.55%, was 0.96%	Reduce −39.2%	1,274,326	$165.85	$211M	−820,048	−$170M
GLOB, Globant	0.32%, was 0.21%	Add +32.6%	632,979	$198.14	$125M	+155,641	+$40M
MDT, Medtronic	0.24%	Reduce −2.6%	1,023,029	$90.03	$92M	−26,940	+$9.5M
MELI, MercadoLibre	0.21%, was 0.13%	Add +25.7%	39,015	$2,052	$80M	+7,975	+$29M
IWF, iShares Trust	0.16%, was 0.27%	Reduce −45.5%	162,206	$375.38	$61M	−135,597	−$48M
ASML	0.14%, was 0.13%	Add +31.8%	67,283	$833.24	$56M	+16,215	+$3.8M
ADP, Automatic Data Processing	0.14%, was 0.29%	Reduce −59.7%	198,152	$276.73	$55M	−293,795	−$63M
HDB, HDFC Bank	0.14%	Reduce −1.7%	839,039	$62.56	$52M	−14,389	−$2.4M
TME, Tencent Music Entertainment	0.05%	Add +2.3%	1,539,938	$12.05	$19M	+35,131	−$2.6M
UL, Unilever	0.04%, was 0.07%	Reduce −48.5%	257,804	$64.96	$17M	−242,910	−$11M
ONON, On Holding	0.04%	New	295,518	$50.15	$15M	+295,518	+$15M
PDD, PDD Holdings	0.03%, was 0.02%	Add +71.4%	94,050	$134.81	$13M	+39,175	+$5.4M
Exlservice	0.03%	Reduce −0.4%	325,845	$38.15	$12M	−1,250	+$2.2M
ACWI, iShares Trust	0.03%, was 0.05%	Reduce −48.1%	91,122	$119.55	$11M	−84,564	−$8.9M
HLI, Houlihan Lokey	0.03%	Reduce −17.1%	68,311	$158.02	$11M	−14,065	−$315K
LVS, Las Vegas Sands	0.03%, was 0.02%	Add +3.3%	202,934	$50.34	$10M	+6,560	+$1.5M
Revolve Group	0.03%	Reduce −21.3%	402,820	$24.78	$10M	−109,172	+$1.8M
CRM, Salesforce	0.03%, was 4.33%	Reduce −99.5%	35,710	$273.71	$9.8M	−6,678,978	−$1.7B
YUMC, Yum China	0.02%	Add +4.7%	210,855	$45.02	$9.5M	+9,490	+$3.3M
GSHD, Goosehead Insurance	0.02%	Reduce −18.0%	105,858	$89.30	$9.5M	−23,195	+$2M
HLNE, Hamilton Lane	0.02%	Reduce −28.6%	55,830	$168.39	$9.4M	−22,395	−$266K
GNRC, Generac	0.02%	Reduce −18.4%	57,902	$158.88	$9.2M	−13,086	−$187K
CCC	0.02%	Reduce −6.8%	796,190	$11.05	$8.8M	−58,001	−$692K
CWAN	0.02%, was 0.03%	Reduce −40.7%	338,954	$25.25	$8.6M	−232,883	−$2M
Dlocal	0.02%	Add +3.5%	987,283	$8.00	$7.9M	+33,567	+$183K
ELF, E L F Beauty	0.02%	New	64,126	$109.03	$7M	+64,126	+$7M
WRBY, Warby Parker	0.02%	Reduce −10.7%	414,405	$16.33	$6.8M	−49,448	−$682K
CNM, Core & Main	0.02%	Reduce −7.3%	147,407	$44.40	$6.5M	−11,592	−$1.2M
ALRM, Alarm	0.02%	Reduce −7.7%	118,324	$54.67	$6.5M	−9,841	−$1.7M
IVV, iShares Core S&P 500 ETF	0.02%	New	10,746	$576.82	$6.2M	+10,746	+$6.2M
PGNY, Progyny	0.02%	Add +4.0%	362,120	$16.76	$6.1M	+13,828	−$3.9M
EEFT, Euronet Worldwide	0.02%	Reduce −7.4%	59,928	$99.23	$5.9M	−4,783	−$751K
VUG, Vanguard Index Funds	0.01%	New	13,814	$383.93	$5.3M	+13,814	+$5.3M
RGEN, Repligen	0.01%	Add +142.8%	35,383	$148.82	$5.3M	+20,811	+$3.4M
FSV, Firstservice	0.01%	Reduce −5.5%	28,137	$182.46	$5.1M	−1,650	+$595K
MEDP, Medpace	0.01%, was 0.02%	Reduce −13.7%	14,964	$333.81	$5M	−2,377	−$2.1M
KB, KB Financial Group	0.01%	Hold	78,267	$61.75	$4.8M	—	—
YETI, Yeti Holdings	0.01%	Reduce −6.1%	113,236	$41.03	$4.6M	−7,396	+$44K
Insight Enterprises	0.01%	New	21,357	$215.39	$4.6M	+21,357	+$4.6M
OPCH, Option Care Health	0.01%	Reduce −6.0%	144,294	$31.30	$4.5M	−9,247	+$263K
IBP, Installed Building Products	0.01%	Add +37.2%	17,963	$246.27	$4.4M	+4,870	+$1.7M
EPAM, EPAM Systems	0.01%	Reduce −19.6%	20,722	$199.03	$4.1M	−5,053	−$724K
Paylocity	0.01%	New	23,332	$164.97	$3.8M	+23,332	+$3.8M
BL, Blackline	0.01%	Reduce −33.4%	69,297	$55.14	$3.8M	−34,710	−$1.2M
NV5 Global	0.01%	New	40,808	$93.48	$3.8M	+40,808	+$3.8M
CATH, Global X Funds	0.01%	Reduce −1.9%	54,750	$69.39	$3.8M	−1,053	+$150K
AIT	0.01%	Add +113.4%	16,204	$223.13	$3.6M	+8,609	+$2.1M
AAON	0.01%	Reduce −5.6%	32,928	$107.84	$3.6M	−1,956	+$508K
IWM, iShares Russell 2000 ETF	0.01%	Add +35.3%	13,381	$220.90	$3M	+3,493	+$950K
FOXA, Fox	0.01%	Reduce −14.7%	68,723	$41.50	$2.9M	−11,818	−$1M
QLYS, Qualys	0.01%	Reduce −19.8%	20,504	$128.46	$2.6M	−5,064	−$1M
ALGN, Align Technology	0.01%	Reduce −48.9%	10,215	$254.33	$2.6M	−9,791	−$2.2M
SITE, Siteone Landscape Supply	0.01%	Reduce −4.8%	16,293	$150.91	$2.5M	−818	+$381K
ROAD, Construction Partners	0.01%	Add +37.2%	35,094	$69.80	$2.4M	+9,520	+$1M
RMBS, Rambus	0.01%	New	56,150	$42.22	$2.4M	+56,150	+$2.4M
Lgi Homes	0.01%	Reduce −3.3%	19,430	$118.52	$2.3M	−673	+$504K
ACWX, iShares Trust	0.01%	Add +0.3%	39,480	$57.22	$2.3M	+109	+$167K
MKTX, Marketaxess	0.01%	Add +7.2%	8,669	$256.20	$2.2M	+585	+$600K
TECH, Bio-Techne	0.01%	Reduce −22.6%	27,443	$79.93	$2.2M	−8,014	−$347K
DT, Dynatrace	0.01%	Reduce −24.1%	38,791	$53.47	$2.1M	−12,292	−$211K
ADSK, Autodesk	0.01%, was 0.03%	Reduce −82.8%	7,239	$275.48	$2M	−34,878	−$8.4M
MORN, Morningstar	0.01%	Reduce −23.2%	6,196	$319.12	$2M	−1,868	−$408K
KNSL, Kinsale Cap Group	0.01%	Add +80.6%	4,181	$465.57	$1.9M	+1,866	+$1.1M
AMN, Amn Healthcare Services	0.00%, was 0.01%	Reduce −27.5%	44,812	$42.39	$1.9M	−16,969	−$1.3M
SGOV, iShares Trust	0.00%	Add +79.3%	18,526	$100.72	$1.9M	+8,192	+$825K
Aspen Technology	0.00%	Reduce −24.1%	7,483	$238.82	$1.8M	−2,370	−$170K
TYL, Tyler Technologies	0.00%	Reduce −22.9%	2,397	$583.72	$1.4M	−713	−$164K
POOL, Pool Corporation	0.00%	Add +5.4%	3,672	$376.80	$1.4M	+187	+$313K
ETSY, ETSY Inc	0.00%	Reduce −24.9%	24,738	$55.53	$1.4M	−8,187	−$568K
NKE, Nike	0.00%, was 1.70%	Reduce −99.8%	15,237	$88.40	$1.3M	−8,952,244	−$675M
OLLI, Ollies Bargain Outlet	0.00%	Reduce −1.5%	12,608	$97.20	$1.2M	−192	−$31K
Holding	0.00%	Add +598.8%	23,124	$47.16	$1.1M	+19,815	+$414K
CRL, Charles River Labs International	0.00%	Reduce −3.7%	5,504	$196.97	$1.1M	−211	−$96K
CALY, Topgolf Callaway Brands	0.00%, was 0.01%	Reduce −37.3%	95,972	$10.98	$1.1M	−57,139	−$1.3M
BWMN, Bowman Consulting Group	0.00%	Reduce −10.7%	41,186	$24.08	$992K	−4,959	−$475K
Copa	0.00%	Reduce −13.8%	9,628	$93.84	$903K	−1,540	−$159K
FND, Floor & Decor	0.00%	Reduce −4.8%	7,266	$124.17	$902K	−369	+$143K
KSPI, Kaspi KZ JSC	0.00%	Reduce −13.6%	8,371	$105.99	$887K	−1,315	−$362K
PYPL, PayPal	0.00%	Reduce −31.0%	8,813	$78.03	$688K	−3,957	−$53K
Skillsoft	0.00%	Reduce −41.5%	42,744	$15.50	$663K	−30,368	−$349K
NTES, NetEase	0.00%	Add +31.7%	5,268	$93.51	$493K	+1,268	+$110K
BIL, SPDR Ser Trust	0.00%, was 0.02%	Reduce −94.5%	5,072	$91.81	$466K	−86,820	−$8M
FIVE, Five Below	0.00%, was 0.01%	Reduce −75.9%	5,004	$88.35	$442K	−15,780	−$1.8M
TREX	0.00%	Reduce −3.5%	5,189	$66.58	$345K	−190	−$53K
Endava	0.00%	Reduce −48.4%	9,776	$25.54	$250K	−9,154	−$304K

Showing top 50 of 111 by value

Exits / last held

Gone since 2024 Q2, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
ALIT, Alight	0.02%	Exit	$7.38	$7.4M	−1,008,705	−$7.4M
SITM, Sitime	0.01%	Exit	$124.38	$5.7M	−46,054	−$5.7M
APPF, Appfolio	0.01%	Exit	$244.58	$4.4M	−17,855	−$4.4M
VONG, Vanguard Scottsdale Funds	0.01%	Exit	$93.82	$3.2M	−34,536	−$3.2M
DOCS, Doximity	0.01%	Exit	$27.97	$3M	−105,500	−$3M
RH	0.01%	Exit	$244.48	$2M	−8,283	−$2M
MPWR, Monolithic Power Systems	0.01%	Exit	$821.87	$2M	−2,442	−$2M
FCX, Freeport-McMoRan	—	Exit	$48.57	$506K	−10,419	−$506K
META, Meta Platforms	—	Exit	$503.71	$407K	−808	−$407K

Filings history

20 periods, with AUM normalized

Newest 13Fs

Period	Holds	AUM	QoQ	Form	Filed	Filing ID
2026 Q2	219	$11.6B	−19.7%	13F-HR	8/4/2026	000117266126003035
2026 Q1	221	$14.5B	−38.3%	13F-HR	5/14/2026	000117266126001911
2025 Q4	234	$23.4B	−24.0%	13F-HR	2/12/2026	000117266126000654
2025 Q3	232	$30.8B	−5.5%	13F-HR	11/12/2025	000117266125004691
2025 Q2	240	$32.6B	+2.3%	13F-HR	8/13/2025	000117266125003133
2025 Q1	117	$31.8B	−14.0%	13F-HR	5/12/2025	000117266125001713
2024 Q4	124	$37B	−4.5%	13F-HR	2/10/2025	000117266125000623
2024 Q3	118	$38.7B	—	RESTATEMENT	2/10/2025	000117266125000622
2024 Q3	118	$38.7B	−2.8%	13F-HR	11/13/2024	000117266124004624
2024 Q2	110	$39.9B	−8.0%	13F-HR	8/12/2024	000117266124003233
2024 Q1	104	$43.3B	+4.4%	13F-HR	5/10/2024	000117266124002149
2023 Q4	107	$41.5B	—	RESTATEMENT	5/10/2024	000117266124002148
2023 Q4	107	$41.5B	—	RESTATEMENT	2/20/2024	000117266124001616
2023 Q4	107	$41.5B	+9.1%	13F-HR	2/13/2024	000117266124000776
2023 Q3	99	$38B	−5.7%	13F-HR	11/13/2023	000117266123003726
2023 Q2	100	$40.3B	+6.3%	13F-HR	8/11/2023	000117266123002916
2023 Q1	94	$37.9B	+10.7%	13F-HR	5/11/2023	000117266123002012
2022 Q4	93	$34.3B	−4.1%	13F-HR	2/13/2023	000117266123000805
2022 Q3	85	$35.8B	−5.7%	13F-HR	11/4/2022	000117266122002289
2022 Q2	84	$37.9B	−26.0%	13F-HR	8/10/2022	000117266122001764
2022 Q1	91	$51.3B	−13.9%	13F-HR	5/12/2022	000117266122001239
2021 Q4	92	$59.5B	+9.3%	13F-HR	2/11/2022	000117266122000331
2021 Q3	91	$54.5B	—	13F-HR	11/10/2021	000117266121002146

About

Polen Capital Management LLC

23 processed 13Fs on this site, 2021 Q3 to 2026 Q2

SEC filing name: POLEN CAPITAL MANAGEMENT LLC
Location: Boca Raton, FL
All SEC filings: View on sec.gov