13F filing recap · Q4 2020

What did Polen Capital Management buy in Q4 2020?

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

$43.04B

Positions

Estimated turnover

5.0%

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

DAVAEndava Plc$6.63Mreported value+86.4K shares SLPSimulations Plus, Inc.$6.43Mreported value+89.4K shares ACWXiShares Trust$3.57Mreported value+67.3K shares DTDynatrace, Inc.$3.00Mreported value+69.4K shares GNRCGenerac Holdings Inc.$2.67Mreported value+11.8K shares AZPNAspen Technology Inc$2.19Mreported value+16.8K shares CPRTCopart, Inc.$2.09Mreported value+16.5K shares CDWCdw Corp$1.91Mreported value+14.5K shares HEIHeico Corporation$1.74Mreported value+13.1K shares ACWIiShares Trust$1.06Mreported value+11.7K shares TMETencent Music Entertainment Group$343.0Kreported value+17.8K shares

Increased positions

MSFTMicrosoft Corporation$3.37Breported value+434.8K shares+3.0%METAMeta Platforms, Inc.$3.37Breported value+363.3K shares+3.0%GOOGAlphabet Inc.$3.01Breported value+31.6K shares+1.9%ADBEAdobe Inc.$2.95Breported value+176.0K shares

Reduced positions

ADPAutomatic Data Processing Inc$68.68Mreported value-25.4K shares-6.1%ELEstee Lauder Companies Inc$43.29Mreported value-6.1K shares-3.6%ORCLOracle Corporation$774.0Kreported value-602.2K shares-98.1%

Exited positions

RELXRelx Plc$16.78Mprior reported value-750.1K shares-100.0%POOLPool Corporation$4.77Mprior reported value-14.3K shares-100.0%MASIMasimo Corp$4.35Mprior reported value-18.4K shares-100.0%BLKBBlackbaud, Inc.$2.93Mprior reported value-52.4K shares