POLEN CAPITAL MANAGEMENT LLC

Registered adviser

CIK

1034524

Location

Boca Raton, FL

Portfolio Value

Large $11,610,813,366

Diversification

Diversified

Filing Date

Global Rank

#489 / 8,819 ▼ 109

Top Industry

Semiconductors 15.6%

Period ended 4 months ago

Filed Aug 4, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 106093

Roster of Oct 1, 2026

Regulatory AUM

$24,061,099,864

Main clients

Diversified

Private funds

2 funds · Mixed

Focus by fund count, roster of Oct 1, 2026

$108,559,006 gross assets

Registered funds advised

9 series (0 index, 1 ETF)

$5,149,355,194 net assets· N-CEN Apr 30, 2026

LEI

549300RDPTGGMLJ6RC07

Private funds on Schedule D 7.B.(1)

As filed May 24, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$117,948,700 gross assets in 1 fund Other private funds $117,948,700 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Jun 2026 to Oct 2026	$24,061,099,864	Diversified
Apr 2026 to May 2026	$24,061,099,864	Diversified
Apr 2025 to Mar 2026	$37,703,918,773	Diversified
Apr 2024 to Mar 2025	$43,238,955,480	Diversified
May 2023 to Mar 2024	$36,045,083,867	Diversified
Apr 2023	$36,045,083,867	Diversified

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 58.8%, 22.6 effective positions, active share 67.8% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

33.5% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 13.7 quarters (12+), a floor since 29.5% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 67.8%; sector active share 23.9% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

219 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

6.9%

−0.4 pts

Top 5

33.5%

+3.1 pts

Top 10

58.8%

+2.4 pts

HHI

443

Diversified+8

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	41.0%	$4,762,264,118	60
Financial Services	14.5%	$1,678,635,780	16
Consumer Cyclical	12.3%	$1,424,489,927	29
Healthcare	11.6%	$1,346,735,877	36
Communication Services	8.8%	$1,019,146,182	9
Industrials	8.5%	$990,957,178	44
Real Estate	2.2%	$250,040,870	2
Unclassified	1.0%	$110,450,768	10
Energy	0.2%	$21,829,953	7
Basic Materials	0.0%	$3,152,586	3
Consumer Defensive	0.0%	$2,544,113	2
Utilities	0.0%	$566,014	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
WULF	Terawulf Inc.	+456,764	563,139	$13,909,533
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+326,524	501,210	$239,362,859
PURR	Hyperliquid Strategies Inc	+278,303	340,311	$2,678,247
REAL	TheRealReal, Inc.	+274,691	496,556	$5,854,395
LPTH	Lightpath Technologies Inc	+235,421	314,476	$5,141,682
IWF	iShares Russell 1000 Growth ETF	+206,776	613,639	$76,195,554
TSHA	Taysha Gene Therapies, Inc.	+169,471	489,219	$3,331,581
FTK	Flotek Industries Inc	+167,862	195,504	$4,598,254
CALY	Callaway Golf Co	+75,582	146,013	$2,743,584
BFLY	Butterfly Network, Inc.	+74,242	480,502	$4,045,826
FROG	JFrog Ltd	+72,877	93,117	$8,462,472
VUG	VANGUARD GROWTH INDEX FUND	+57,170	73,200	$6,305,448
CCJ	Cameco Corp	+48,758	68,968	$7,025,080
LASR	Nlight, Inc.	+43,657	133,448	$9,290,649
AMPX	Amprius Technologies, Inc.	+43,453	465,598	$6,453,188
WT	WisdomTree, Inc.	+40,046	149,051	$2,524,923
JOBY	Joby Aviation, Inc.	+37,403	332,157	$2,962,840
VECO	Veeco Instruments Inc	+36,286	48,314	$3,662,201
LTH	Life Time Group Holdings, Inc.	+36,224	76,705	$3,132,632
MAMA	Mama's Creations, Inc.	+35,089	100,497	$1,793,871
LOCO	El Pollo Loco Holdings, Inc.	+33,287	46,419	$787,266
TWST	Twist Bioscience Corp	+31,273	55,310	$5,690,292
BKD	Brookdale Senior Living Inc.	+30,708	451,082	$7,257,909
CVNA	Carvana Co.	+30,156	37,504	$2,468,513
ASPI	ASP Isotopes Inc.	+26,589	149,559	$930,256
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ZTS	Zoetis Inc.	−3,902,656	320,420	$23,025,381
CSGP	Costar Group, Inc.	−3,811,054	8,759,314	$248,063,772
UBER	Uber Technologies, Inc	−2,347,865	570,063	$41,135,746
NOW	ServiceNow, Inc.	−1,899,281	5,370,172	$533,150,676
SHOP	Shopify Inc.	−1,729,216	4,577,524	$522,661,690
SBUX	Starbucks Corp	−1,504,715	3,550,773	$362,853,492
ORCL	Oracle Corp	−1,449,998	3,574,259	$523,807,656
ACN	Accenture plc	−1,201,948	152,800	$19,014,432
AON	Aon plc	−1,190,018	164,035	$54,408,769
AMZN	Amazon Com Inc	−1,086,786	2,809,953	$669,724,198
GOOG	Alphabet Inc.	−781,419	2,165,218	$765,036,475
MSFT	Microsoft Corp	−747,275	2,098,613	$782,824,621
AVGO	Broadcom Inc.	−737,358	1,960,209	$740,468,949
V	Visa Inc.	−640,143	1,805,617	$619,489,136
SNPS	Synopsys Inc	−629,966	41,267	$18,407,970
ABNB	Airbnb, Inc.	−623,863	1,649,884	$236,098,400
ROL	Rollins Inc	−586,775	1,590,903	$66,404,291
BSX	Boston Scientific Corp	−574,989	4,750	$202,730
NU	Nu Holdings Ltd.	−464,491	752,747	$10,056,699
MA	Mastercard Inc	−399,430	1,141,958	$586,509,628
MSCI	MSCI Inc.	−257,712	671,797	$376,233,191
LLY	ELI LILLY & Co	−247,645	666,912	$799,914,326
LRCX	Lam Research Corp	−195,459	859,036	$372,246,069
ACWI	iShares MSCI ACWI ETF	−185,875	120,540	$18,921,163
IDXX	Idexx Laboratories Inc	−163,427	532,384	$280,268,232
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
GE	General Electric Co	690,493	$258,057,948
GEV	GE Vernova Inc.	196,612	$230,991,574
ATI	Ati Inc	819,236	$161,471,415
HWM	Howmet Aerospace Inc.	457,124	$122,902,358
EME	EMCOR Group, Inc.	103,123	$85,579,715
RXT	Rackspace Technology, Inc.	709,189	$4,631,004
APLD	Applied Digital Corp.	98,328	$3,667,634
EVC	Entravision Communications Corp	236,939	$3,089,684
CPA	Copa Holdings, S.A.	18,948	$2,947,740
CDNL	Cardinal Infrastructure Group Inc.	30,787	$2,900,135
FPS	Forgent Power Solutions, Inc.	50,328	$2,811,322
DRTS	Alpha Tau Medical Ltd.	220,751	$2,777,047
FIVN	Five9, Inc.	117,256	$2,499,897
KN	Knowles Corp	58,485	$2,425,957
MEC	Mayville Engineering Company, Inc.	61,827	$2,316,039
NOVT	Novanta Inc	13,366	$2,168,499
PENG	Penguin Solutions, Inc.	28,293	$2,150,550
AKTS	Aktis Oncology, Inc.	63,514	$2,047,056
BLLN	BillionToOne, Inc.	16,975	$2,036,660
PTCT	Ptc Therapeutics, Inc.	24,916	$2,032,398
TVTX	Travere Therapeutics, Inc.	34,315	$1,949,435
WOLF	Wolfspeed, Inc.	38,219	$1,844,066
ADEA	Adeia Inc.	52,575	$1,731,294
RNG	RingCentral, Inc.	40,133	$1,564,384
ZGN	Ermenegildo Zegna N.V.	111,273	$1,448,774
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
INTU	Intuit Inc.	19,853	$8,584,040
FSLY	Fastly, Inc.	238,518	$6,931,333
MCHI	iShares MSCI China ETF	96,813	$5,438,954
MDT	Medtronic plc	60,661	$5,256,275
EWT	iShares MSCI Taiwan ETF	72,894	$5,169,642
WGS	GeneDx Holdings Corp.	77,419	$4,971,848
PAYC	Paycom Software, Inc.	30,831	$3,747,199
FIGR	Figure Technology Solutions, Inc.	105,634	$3,586,274
KRMN	Karman Holdings Inc.	44,066	$3,527,483
CAAP	Corporacion America Airports S.A.	106,069	$2,682,485
KTOS	Kratos Defense & Security Solutions, Inc.	29,265	$2,063,475
IRMD	Iradimed Corp	20,744	$1,996,817
CELC	Celcuity Inc.	17,181	$1,961,039
METC	Ramaco Resources, Inc.	119,574	$1,848,614
FIGS	FIGS, Inc.	121,437	$1,793,624
SHAK	Shake Shack Inc.	18,840	$1,666,774
IRS	Irsa Investments & Representations Inc	94,136	$1,525,944
AX	Axos Financial, Inc.	16,849	$1,433,681
—		12,744	$1,305,623
ESQ	Esquire Financial Holdings, Inc.	11,713	$1,259,147
DNLI	Denali Therapeutics Inc.	65,301	$1,253,779
CRCL	Circle Internet Group, Inc.	13,098	$1,249,680
IONQ	IonQ, Inc.	42,109	$1,214,002
IE	Ivanhoe Electric Inc.	97,186	$1,148,738
SGOV	iShares 0-3 Month Treasury Bond ETF	11,267	$1,134,136
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

219 tracked positions · $11,610,813,366 total · filing declares 219 positions · $11,610,786,601 · as of Jun 30, 2026

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

Showing 1–50 of 219 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
LLY	ELI LILLY & Co Healthcare	Reduced	666,912	-247,645	$799,914,326	−4.9%	12	$741.75	6.89%
NVDA	Nvidia Corp Technology	Reduced	3,978,446	-125,801	$796,047,260	+11.2%	5	$174.18	6.86%
MSFT	Microsoft Corp Technology	Reduced	2,098,613	-747,275	$782,824,621	−25.7%	26+	before history	6.74%
GOOG	Alphabet Inc. Communication Services	Reduced	2,165,218	-781,419	$765,036,475	−9.5%	26+	before history	6.59%
AVGO	Broadcom Inc. Technology	Reduced	1,960,209	-737,358	$740,468,949	−11.3%	4	$306.78	6.38%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	2,809,953	-1,086,786	$669,724,198	−17.5%	22	unpriced	5.77%
V	Visa Inc. Financial Services	Reduced	1,805,617	-640,143	$619,489,136	−16.2%	26+	before history	5.34%
MA	Mastercard Inc Financial Services	Reduced	1,141,958	-399,430	$586,509,628	−23.8%	26+	before history	5.05%
NOW	ServiceNow, Inc. Technology	Reduced	5,370,172	-1,899,281	$533,150,676	−29.9%	26+	before history	4.59%
ORCL	Oracle Corp Technology	Reduced	3,574,259	-1,449,998	$523,807,656	−29.1%	8	$152.62	4.51%
SHOP	Shopify Inc. Technology	Reduced	4,577,524	-1,729,216	$522,661,690	−30.1%	21	$67.20	4.50%
MSCI	MSCI Inc. Financial Services	Reduced	671,797	-257,712	$376,233,191	−24.9%	12	$509.92	3.24%
LRCX	Lam Research Corp Technology	Reduced	859,036	-195,459	$372,246,069	+65.2%	2	$223.59	3.21%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	3,550,773	-1,504,715	$362,853,492	−19.9%	6	$95.53	3.13%
IDXX	Idexx Laboratories Inc Healthcare	Reduced	532,384	-163,427	$280,268,232	−28.3%	5	$478.19	2.41%
GE	General Electric Co Industrials	NEW	690,493	NEW	$258,057,948	NEW	1	$313.08	2.22%
CSGP	Costar Group, Inc. Real Estate	Reduced	8,759,314	-3,811,054	$248,063,772	−51.1%	7	$61.23	2.14%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	501,210	+326,524	$239,362,859	+305.5%	4	$351.59	2.06%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	1,649,884	-623,863	$236,098,400	−17.8%	20	$154.67	2.03%
GEV	GE Vernova Inc. Industrials	NEW	196,612	NEW	$230,991,574	NEW	1	$1,020.67	1.99%
META	Meta Platforms, Inc. Communication Services	Reduced	329,573	-147,090	$185,645,175	−31.9%	2	$640.86	1.60%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	447,944	-158,882	$178,138,369	−36.3%	3	$532.37	1.53%
ATI	Ati Inc Industrials	NEW	819,236	NEW	$161,471,415	NEW	1	$169.52	1.39%
HWM	Howmet Aerospace Inc. Industrials	NEW	457,124	NEW	$122,902,358	NEW	1	$256.80	1.06%
EME	EMCOR Group, Inc. Industrials	NEW	103,123	NEW	$85,579,715	NEW	1	$845.95	0.74%
IWF	iShares Russell 1000 Growth ETF	Added	613,639	+206,776	$76,195,554	−56.1%	26+	before history	0.66%
ROL	Rollins Inc Consumer Cyclical	Reduced	1,590,903	-586,775	$66,404,291	−42.9%	2	$59.51	0.57%
AON	Aon plc Financial Services	Reduced	164,035	-1,190,018	$54,408,769	−87.6%	24	$348.90	0.47%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	25,926	-8,526	$44,006,533	−26.1%	21	$1,709.00	0.38%
UBER	Uber Technologies, Inc Technology	Reduced	570,063	-2,347,865	$41,135,746	−80.4%	5	$93.47	0.35%
SPOT	Spotify Technology S.A. Communication Services	Reduced	81,578	-25,851	$37,454,907	−28.1%	7	$563.78	0.32%
ASML	Asml Holding NV Technology	Reduced	15,427	-645	$30,691,089	+44.6%	21	$946.03	0.26%
ZTS	Zoetis Inc. Healthcare	Reduced	320,420	-3,902,656	$23,025,381	−95.4%	26+	before history	0.20%
ACN	Accenture plc Technology	Reduced	152,800	-1,201,948	$19,014,432	−92.9%	26+	before history	0.16%
ACWI	iShares MSCI ACWI ETF	Reduced	120,540	-185,875	$18,921,163	−55.4%	21	unpriced	0.16%
SNPS	Synopsys Inc Technology	Reduced	41,267	-629,966	$18,407,970	−93.1%	4	$565.30	0.16%
DOCN	DigitalOcean Holdings, Inc. Technology	Added	101,350	+5,144	$15,914,990	+92.8%	2	$66.71	0.14%
WULF	Terawulf Inc. Financial Services	Added	563,139	+456,764	$13,909,533	+806.2%	2	$21.46	0.12%
CECO	Ceco Environmental Corp Industrials	Reduced	137,977	-5,254	$12,520,032	+46.7%	5	$52.13	0.11%
BE	Bloom Energy Corp Industrials	Reduced	40,838	-26,393	$12,361,662	+35.7%	5	$32.36	0.11%
BELFB	Bel Fuse Inc Technology	Reduced	32,845	-10,494	$10,938,698	+27.5%	5	$145.12	0.09%
NU	Nu Holdings Ltd. Financial Services	Reduced	752,747	-464,491	$10,056,699	−42.5%	7	$13.10	0.09%
GOOGL	Alphabet Inc. Communication Services	Reduced	27,810	-385	$9,938,459	+22.6%	26+	before history	0.09%
LASR	Nlight, Inc. Technology	Added	133,448	+43,657	$9,290,649	+81.5%	5	$43.52	0.08%
FROG	JFrog Ltd Technology	Added	93,117	+72,877	$8,462,472	+790.9%	3	$62.34	0.07%
POWL	Powell Industries Inc Industrials	Added	29,181	+11,696	$8,356,271	−11.7%	5	$60.33	0.07%
AGX	Argan Inc Industrials	Reduced	10,214	-7,767	$8,156,389	−16.7%	5	$180.20	0.07%
MOD	Modine Manufacturing Co Consumer Cyclical	Added	29,335	+293	$7,833,031	+24.5%	5	$148.20	0.07%
YOU	Clear Secure, Inc. Technology	Reduced	131,773	-14,127	$7,343,709	+4.0%	4	$38.08	0.06%
BKD	Brookdale Senior Living Inc. Healthcare	Added	451,082	+30,708	$7,257,909	+26.2%	5	$11.10	0.06%

Showing the top 50 of 219 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.