13F filing recap · Q3 2023

What did Polen Capital Management buy in Q3 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

$38.00B

Positions

Estimated turnover

8.8%

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

NVONovo Nordisk A/s$718.99Mreported value+7.91M shares LLYEli Lilly & Co$335.07Mreported value+623.8K shares MSCIMsci Inc.$71.44Mreported value+139.2K shares CWANClearwater Analytics Holdings, Inc.$5.89Mreported value+304.6K shares TSMTaiwan Semiconductor Manufacturing$4.90Mreported value+56.4K shares XPELXpel, Inc.$4.76Mreported value+61.7K shares EXLSExlservice Holdings, Inc.$2.72Mreported value+97.1K shares

Increased positions

WDAYWorkday, Inc.$848.73Mreported value+78.4K shares+2.0%ILMNIllumina, Inc.$703.78Mreported value+29.2K shares+0.6%AONAon Plc$264.33Mreported value+4.4K shares+0.5%IWFiShares Trust$79.66Mreported value+171.4K shares

Reduced positions

AMZNAmazon.com Inc$4.75Breported value-4.85M shares-11.5%GOOGAlphabet Inc.$2.57Breported value-836.6K shares-4.1%NFLXNetflix, Inc.$2.43Breported value-170.8K shares-2.6%MSFTMicrosoft Corporation$2.26Breported value-272.6K shares

Exited positions

ALTRAltair Engineering Inc$5.14Mprior reported value-67.8K shares-100.0%OLOOlo Inc.$4.48Mprior reported value-694.0K shares-100.0%DCGODocgo Inc.$4.27Mprior reported value-456.0K shares-100.0%FTCHFarfetch Limited$2.94Mprior reported value-486.4K shares