13F filing recap · Q4 2013

What did Polen Capital Management buy in Q4 2013?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Polen account, including accounts that belong to no fund below.

Stock value

$4.52B

Positions

Estimated turnover

19.1%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

TJXThe Tjx Companies, Inc.$92.20Mreported value+1.45M shares IWFiShares Trust$9.24Mreported value+107.5K shares

Increased positions

ABTAbbott Laboratories$292.94Mreported value+1.40M shares+22.4%ORCLOracle Corporation$292.92Mreported value+1.57M shares+25.8%ITGartner, Inc.$169.52Mreported value+776.4K shares+48.2%

Reduced positions

GOOGLAlphabet Inc.$420.32Mreported value-13.6K shares-3.5%VVisa Inc.$350.30Mreported value-64.6K shares-3.9%QCOMQualcomm Inc/de$310.21Mreported value-139.3K shares-3.2%TROWPrice T Rowe Group Inc$304.83Mreported value-130.1K shares

Exited positions

INTUIntuit Inc.$234.02Mprior reported value-3.53M shares-100.0%CHRWC.h. Robinson Worldwide, Inc.$105.06Mprior reported value-1.76M shares-100.0%CLBCore Laboratories Inc.$524.0Kprior reported value-3.1K shares-100.0%