POLEN CAPITAL MANAGEMENT LLC

CIK

1034524

Location

Boca Raton, FL

Portfolio Value

Large $13,363,345,437

Diversification

Diversified

Filing Date

Global Rank

#251 / 8,232 ▼ 59

Top Industry

Software - Infrastructure 15.5%

3Y Alpha vs SPY

-15.7%

Period ended 2 months ago

Filed May 14, 2026 · 31d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+16.2%

SPY

+76.3%

Annualised alpha

-15.7%

Max drawdown

−23.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

209 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.9%

−1.3 pts

Top 5

32.3%

−4.0 pts

Top 10

60.0%

−1.3 pts

HHI

466

Diversified−22

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	44.8%	$5,986,423,312	46
Financial Services	18.7%	$2,496,238,146	25
Healthcare	15.8%	$2,108,025,709	38
Consumer Cyclical	13.2%	$1,762,739,633	26
Real Estate	3.8%	$510,058,758	4
Communication Services	2.6%	$353,518,272	8
Industrials	0.9%	$122,442,345	43
Energy	0.1%	$11,720,954	7
Basic Materials	0.0%	$5,742,010	5
Consumer Defensive	0.0%	$3,402,978	4
Unclassified	0.0%	$2,443,327	1
Utilities	0.0%	$589,993	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CSGP	Costar Group, Inc.	+7,679,432	12,570,368	$507,088,645
NOW	ServiceNow, Inc.	+1,588,665	7,269,453	$760,021,311
BKD	Brookdale Senior Living Inc.	+219,786	420,374	$5,750,716
TSHA	Taysha Gene Therapies, Inc.	+163,162	319,748	$1,429,273
BW	Babcock & Wilcox Enterprises, Inc.	+149,212	271,492	$3,988,217
AMPX	Amprius Technologies, Inc.	+133,855	422,145	$7,117,364
YOU	Clear Secure, Inc.	+106,575	145,900	$7,063,019
PL	Planet Labs PBC	+102,376	213,914	$5,978,896
FIGR	Figure Technology Solutions, Inc.	+92,831	105,634	$3,586,274
CCO	Clear Channel Outdoor Holdings, Inc.	+78,796	174,708	$414,057
CECO	Ceco Environmental Corp	+73,456	143,231	$8,533,702
FIGS	FIGS, Inc.	+72,609	121,437	$1,793,624
NU	Nu Holdings Ltd.	+59,402	1,217,238	$17,491,710
SEI	Solaris Energy Infrastructure, Inc.	+55,078	83,675	$4,728,474
CAAP	Corporacion America Airports S.A.	+54,150	106,069	$2,682,485
AEHR	Aehr Test Systems	+49,285	79,396	$2,944,003
REAL	TheRealReal, Inc.	+46,777	221,865	$2,014,534
JOBY	Joby Aviation, Inc.	+44,687	294,754	$2,434,668
DNLI	Denali Therapeutics Inc.	+38,401	65,301	$1,253,779
KRMN	Karman Holdings Inc.	+37,611	44,066	$3,527,483
SPOT	Spotify Technology S.A.	+35,771	107,429	$52,093,396
PRLB	Proto Labs Inc	+33,446	37,594	$2,143,609
MAMA	Mama's Creations, Inc.	+32,419	65,408	$1,003,358
METC	Ramaco Resources, Inc.	+31,067	119,574	$1,848,614
LTH	Life Time Group Holdings, Inc.	+30,872	40,481	$1,090,558
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	−4,756,982	3,896,739	$811,573,831
ABT	Abbott Laboratories	−3,947,149	15,081	$1,548,366
BSX	Boston Scientific Corp	−3,439,813	579,739	$36,378,622
ORCL	Oracle Corp	−2,161,239	5,024,257	$739,118,447
PAYC	Paycom Software, Inc.	−1,804,197	30,831	$3,747,199
SBUX	Starbucks Corp	−1,729,820	5,055,488	$452,921,169
ZTS	Zoetis Inc.	−1,339,593	4,223,076	$499,209,813
ADBE	Adobe Inc.	−1,333,720	11,868	$2,884,873
NVDA	Nvidia Corp	−1,223,865	4,104,247	$715,780,676
MSFT	Microsoft Corp	−1,064,097	2,845,888	$1,053,462,360
V	Visa Inc.	−929,582	2,445,760	$739,206,502
SHOP	Shopify Inc.	−895,132	6,306,740	$748,105,498
AVGO	Broadcom Inc.	−834,070	2,697,567	$834,923,962
ABNB	Airbnb, Inc.	−756,983	2,273,747	$287,128,771
UBER	Uber Technologies, Inc	−647,865	2,917,928	$209,886,561
MA	Mastercard Inc	−590,339	1,541,388	$770,169,928
ACN	Accenture plc	−527,959	1,354,748	$268,632,980
INTU	Intuit Inc.	−492,803	19,853	$8,584,040
AON	Aon plc	−492,241	1,354,053	$437,061,227
MSCI	MSCI Inc.	−401,576	929,509	$501,014,646
HDB	Hdfc Bank Ltd	−343,081	23,926	$595,278
LLY	ELI LILLY & Co	−331,533	914,557	$841,182,091
IDXX	Idexx Laboratories Inc /De	−264,726	695,811	$390,969,242
ISRG	Intuitive Surgical Inc	−235,792	606,826	$279,740,717
ADPT	Adaptive Biotechnologies Corp	−209,716	116,051	$1,610,787
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
META	Meta Platforms, Inc.	476,663	$272,713,202
LRCX	Lam Research Corp	1,054,495	$225,303,401
ROL	Rollins Inc	2,177,678	$116,309,781
DOCN	DigitalOcean Holdings, Inc.	96,206	$8,252,550
FSLY	Fastly, Inc.	238,518	$6,931,333
AZN	Astrazeneca PLC	26,046	$5,136,792
PRAX	Praxis Precision Medicines, Inc.	10,043	$3,235,754
SITM	SITIME Corp	7,101	$2,452,330
VICR	Vicor Corp	13,899	$2,237,739
AZZ	Azz Inc	14,438	$1,806,626
AIR	Aar Corp	16,208	$1,774,127
LIND	Lindblad Expeditions Holdings, Inc.	102,127	$1,766,797
LFUS	Littelfuse Inc /De	4,959	$1,682,836
SHAK	Shake Shack Inc.	18,840	$1,666,774
WT	WisdomTree, Inc.	109,005	$1,587,112
WULF	Terawulf Inc.	106,375	$1,534,991
NXE	NexGen Energy Ltd.	117,610	$1,364,276
OUT	OUTFRONT Media Inc.	51,411	$1,362,391
CAKE	Cheesecake Factory Inc	24,822	$1,359,004
AAOI	Applied Optoelectronics, Inc.	14,913	$1,261,490
CRCL	Circle Internet Group, Inc.	13,098	$1,249,680
IONQ	IonQ, Inc.	42,109	$1,214,002
TWST	Twist Bioscience Corp	24,037	$1,142,238
VPG	Vishay Precision Group, Inc.	24,263	$1,053,499
FN	Fabrinet	1,930	$1,006,533
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
ICLR	Icon PLC	105,206	$19,170,637
MNDY	monday.com Ltd.	79,332	$11,706,229
GLOB	Globant S.A.	90,462	$5,913,500
MMYT	MakeMyTrip Ltd	53,658	$4,406,394
PDD	PDD Holdings Inc.	31,329	$3,552,395
KARO	Karooooo Ltd.	74,821	$3,404,355
HURN	Huron Consulting Group Inc.	15,086	$2,608,520
WDAY	Workday, Inc.	10,782	$2,315,757
ATEC	Alphatec Holdings, Inc.	95,761	$2,014,811
RDVT	Red Violet, Inc.	30,328	$1,727,179
TMO	Thermo Fisher Scientific Inc.	2,307	$1,336,791
PGY	Pagaya Technologies Ltd.	63,497	$1,327,087
GRAL	GRAIL, Inc.	13,526	$1,157,690
LQDA	Liquidia Corp	33,538	$1,156,725
AORT	Artivion, Inc.	25,259	$1,152,062
CRDO	Credo Technology Group Holding Ltd	7,915	$1,138,889
HHH	Howard Hughes Holdings Inc.	13,980	$1,115,184
XERS	Xeris Biopharma Holdings, Inc.	133,416	$1,047,315
CEG	Constellation Energy Corp	2,812	$993,395
KURA	Kura Oncology, Inc.	90,847	$943,900
TDUP	ThredUp Inc.	145,615	$930,479
UPWK	Upwork, Inc	43,111	$854,460
SWIM	Latham Group, Inc.	112,388	$713,663
AMSC	American Superconductor Corp /De/	23,565	$678,200
ODD	Oddity Tech Ltd	16,175	$649,911
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

209 positions · $13,363,345,437 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 209 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	2,845,888	-1,064,097	$1,053,462,360	−44.3%	7.88%
LLY	ELI LILLY & Co Healthcare	Reduced	914,557	-331,533	$841,182,091	−37.2%	6.29%
AVGO	Broadcom Inc. Technology	Reduced	2,697,567	-834,070	$834,923,962	−31.7%	6.25%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	3,896,739	-4,756,982	$811,573,831	−59.4%	6.07%
MA	Mastercard Inc Financial Services	Reduced	1,541,388	-590,339	$770,169,928	−36.7%	5.76%
NOW	ServiceNow, Inc. Technology	Added	7,269,453	+1,588,665	$760,021,311	−12.7%	5.69%
SHOP	Shopify Inc. Technology	Reduced	6,306,740	-895,132	$748,105,498	−35.5%	5.60%
V	Visa Inc. Financial Services	Reduced	2,445,760	-929,582	$739,206,502	−37.6%	5.53%
ORCL	Oracle Corp Technology	Reduced	5,024,257	-2,161,239	$739,118,447	−47.2%	5.53%
NVDA	Nvidia Corp Technology	Reduced	4,104,247	-1,223,865	$715,780,676	−28.0%	5.36%
CSGP	Costar Group, Inc. Real Estate	Added	12,570,368	+7,679,432	$507,088,645	+54.2%	3.79%
MSCI	MSCI Inc. Financial Services	Reduced	929,509	-401,576	$501,014,646	−34.4%	3.75%
ZTS	Zoetis Inc. Healthcare	Reduced	4,223,076	-1,339,593	$499,209,813	−28.7%	3.74%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	5,055,488	-1,729,820	$452,921,169	−20.7%	3.39%
AON	Aon plc Financial Services	Reduced	1,354,053	-492,241	$437,061,227	−32.9%	3.27%
IDXX	Idexx Laboratories Inc /De Healthcare	Reduced	695,811	-264,726	$390,969,242	−39.8%	2.93%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	2,273,747	-756,983	$287,128,771	−30.2%	2.15%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	606,826	-235,792	$279,740,717	−41.4%	2.09%
META	Meta Platforms, Inc. Communication Services	NEW	476,663	NEW	$272,713,202	NEW	2.04%
ACN	Accenture plc Technology	Reduced	1,354,748	-527,959	$268,632,980	−46.8%	2.01%
SNPS	Synopsys Inc Technology	Reduced	671,233	-173,648	$266,130,459	−32.9%	1.99%
LRCX	Lam Research Corp Technology	NEW	1,054,495	NEW	$225,303,401	NEW	1.69%
UBER	Uber Technologies, Inc Technology	Reduced	2,917,928	-647,865	$209,886,561	−28.0%	1.57%
ROL	Rollins Inc Consumer Cyclical	NEW	2,177,678	NEW	$116,309,781	NEW	0.87%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	34,452	-13,468	$59,568,197	−38.3%	0.45%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	174,686	-25,907	$59,035,133	−3.2%	0.44%
SPOT	Spotify Technology S.A. Communication Services	Added	107,429	+35,771	$52,093,396	+25.2%	0.39%
BSX	Boston Scientific Corp Healthcare	Reduced	579,739	-3,439,813	$36,378,622	−90.5%	0.27%
ASML	Asml Holding NV Technology	Added	16,072	+4,877	$21,228,379	+77.2%	0.16%
NU	Nu Holdings Ltd. Financial Services	Added	1,217,238	+59,402	$17,491,710	−9.8%	0.13%
SAP	Sap SE Technology	Reduced	66,674	-166,658	$11,415,255	−79.9%	0.09%
AGX	Argan Inc Industrials	Reduced	17,981	-6,905	$9,793,351	+25.6%	0.07%
POWL	Powell Industries Inc Industrials	Reduced	17,485	-2,856	$9,460,783	+45.9%	0.07%
BE	Bloom Energy Corp Industrials	Reduced	67,231	-29,803	$9,109,128	+8.0%	0.07%
INTU	Intuit Inc. Technology	Reduced	19,853	-492,803	$8,584,040	−97.5%	0.06%
CECO	Ceco Environmental Corp Industrials	Added	143,231	+73,456	$8,533,702	+104.3%	0.06%
DOCN	DigitalOcean Holdings, Inc. Technology	NEW	96,206	NEW	$8,252,550	NEW	0.06%
GOOGL	Alphabet Inc. Communication Services	Reduced	28,195	-2,669	$8,107,754	−16.1%	0.06%
NFLX	Netflix Inc Communication Services	Reduced	83,285	-90,512	$8,007,852	−50.9%	0.06%
BWXT	BWX Technologies, Inc. Industrials	Reduced	38,123	-6,705	$7,795,772	+0.6%	0.06%
VSEC	Vse Corp Industrials	Added	42,040	+7,650	$7,752,176	+30.5%	0.06%
AMPX	Amprius Technologies, Inc. Industrials	Added	422,145	+133,855	$7,117,364	+212.9%	0.05%
YOU	Clear Secure, Inc. Technology	Added	145,900	+106,575	$7,063,019	+412.0%	0.05%
FSLY	Fastly, Inc. Technology	NEW	238,518	NEW	$6,931,333	NEW	0.05%
MOD	Modine Manufacturing Co Consumer Cyclical	Added	29,042	+14,733	$6,293,691	+229.4%	0.05%
PL	Planet Labs PBC Industrials	Added	213,914	+102,376	$5,978,896	+171.8%	0.04%
DLO	dLocal Ltd Technology	Reduced	458,909	-7,900	$5,952,049	−9.8%	0.04%
BKD	Brookdale Senior Living Inc. Healthcare	Added	420,374	+219,786	$5,750,716	+165.7%	0.04%
IESC	IES Holdings, Inc. Industrials	Added	11,953	+1,012	$5,695,245	+33.8%	0.04%
SPHR	Sphere Entertainment Co. Communication Services	Added	48,293	+24,465	$5,669,598	+150.3%	0.04%