13F filing recap · Q4 2018

What did Polen Capital Management buy in Q4 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

$15.34B

Positions

Estimated turnover

9.8%

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

FNDFloor & Decor Holdings, Inc.$509.0Kreported value+19.6K shares INGNInogen Inc$223.0Kreported value+1.8K shares

Increased positions

MSFTMicrosoft Corporation$1.44Breported value+387.5K shares+2.8%VVisa Inc.$1.14Breported value+254.8K shares+3.0%GOOGAlphabet Inc.$1.08Breported value+25.1K shares+2.5%ORLYO Reilly Automotive Inc$992.34Mreported value+57.5K shares

Reduced positions

NKENike, Inc.$850.67Mreported value-1.71M shares-13.0%SBUXStarbucks Corporation$830.37Mreported value-5.14M shares-28.5%ITGartner, Inc.$575.18Mreported value-993.4K shares-18.1%REGNRegeneron Pharmaceuticals, Inc.$554.74Mreported value-3.2K shares

Exited positions

NTRINutrisystem Inc$642.0Kprior reported value-17.3K shares-100.0%MPWRMonolithic Power Systems Inc$490.0Kprior reported value-3.9K shares-100.0%