13F filing recap · Q4 2025
What did Polen Capital Management buy in Q4 2025?
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
$23.42B
Positions
231
Estimated turnover
33.2%
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.
Quarter in review
Polen Capital Management opened a new position in Intuitive Surgical and initiated smaller stakes in iShares Trust, Sphere Entertainment, Planet Labs, and Butterfly Network, among many others. The firm exited Alibaba, Alnylam Pharmaceuticals, Appfolio, Archer Aviation, Aurora Innovation, Axon Enterprise, Baidu, and numerous other holdings. It also trimmed Amazon, Microsoft, Oracle, Eli Lilly, Alphabet, Broadcom, and Mastercard.