13F filing recap · Q1 2018

What did Polen Capital Management buy in Q1 2018?

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

$14.09B

Positions

Estimated turnover

23.3%

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

BKNGBooking Holdings Inc.$474.37Mreported value+228.0K shares LMATLemaitre Vascular, Inc.$287.0Kreported value+7.9K shares FIVEFive Below, Inc.$284.0Kreported value+3.9K shares MASIMasimo Corp$279.0Kreported value+3.2K shares EPAMEpam Systems, Inc.$252.0Kreported value+2.2K shares EEFTEuronet Worldwide, Inc.$248.0Kreported value+3.1K shares

Increased positions

ADBEAdobe Inc.$1.40Breported value+99.2K shares+1.6%GOOGAlphabet Inc.$1.02Breported value+21.6K shares+2.2%MSFTMicrosoft Corporation$1.01Breported value+3.78M shares+52.3%VVisa Inc.$990.52Mreported value+141.2K shares

Reduced positions

METAMeta Platforms, Inc.$609.77Mreported value-2.22M shares-36.8%IWFiShares Trust$5.82Mreported value-57.4K shares-57.3%CELGCelgene Corporation$334.0Kreported value-5.11M shares-99.9%

Exited positions

PCLNBooking Holdings Inc$611.16Mprior reported value-351.7K shares-100.0%AAPLApple Inc.$1.90Mprior reported value-11.2K shares-100.0%AZPNAspen Technology Inc$309.0Kprior reported value-4.7K shares-100.0%