13F filing recap · Q4 2014

What did Polen Capital Management buy in Q4 2014?

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

$4.86B

Positions

Estimated turnover

15.0%

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

CELGCelgene Corporation$177.35Mreported value+1.59M shares

Increased positions

GOOGAlphabet Inc.$251.94Mreported value+135.6K shares+39.5%PCLNBooking Holdings Inc$250.41Mreported value+67.1K shares+44.0%IWFiShares Trust$8.57Mreported value+73.9K shares+469.1%

Reduced positions

VVisa Inc.$367.96Mreported value-29.2K shares-2.0%NKENike, Inc.$318.94Mreported value-68.2K shares-2.0%ABTAbbott Laboratories$308.43Mreported value-151.0K shares-2.2%ORCLOracle Corporation$307.84Mreported value-138.8K shares