13F filing recap · Q1 2023

What did Polen Capital Management buy in Q1 2023?

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

$37.93B

Positions

Estimated turnover

10.1%

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

ATHMAutohome Inc.$16.75Mreported value+500.3K shares EPAMEpam Systems, Inc.$13.34Mreported value+44.6K shares ALITAlight, Inc.$6.88Mreported value+747.5K shares FETForum Energy Technologies, Inc.$3.82Mreported value+150.4K shares DCGODocgo Inc.$3.18Mreported value+367.5K shares EVTCEvertec, Inc.$1.49Mreported value+44.1K shares MPWRMonolithic Power Systems Inc$658.7Kreported value+1.3K shares TPIFTimothy Plan$452.9Kreported value+18.1K shares

Increased positions

AMZNAmazon.com Inc$4.64Breported value+9.73M shares+27.7%NFLXNetflix, Inc.$2.40Breported value+27.8K shares+0.4%CRMSalesforce, Inc.$2.10Breported value+34.2K shares+0.3%ABNBAirbnb, Inc.$1.48Breported value+74.3K shares

Reduced positions

MSFTMicrosoft Corporation$2.66Breported value-252.9K shares-2.7%GOOGAlphabet Inc.$2.22Breported value-5.05M shares-19.2%NOWServicenow, Inc.$2.05Breported value-40.2K shares-0.9%MAMastercard Inc$1.88Breported value-129.3K shares

Exited positions

IUSGiShares Trust$11.08Mprior reported value-135.9K shares-100.0%DCTDuck Creek Technologies Inc$6.22Mprior reported value-516.4K shares-100.0%AZTAAzenta, Inc.$5.88Mprior reported value-101.0K shares-100.0%OLPXOlaplex Holdings, Inc.$4.32Mprior reported value-829.1K shares