13F filing recap · Q1 2026

What did Polen Capital Management buy in Q1 2026?

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

$14.46B

Positions

221

Estimated turnover

41.3%

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 new positions in Meta Platforms, Lam Research, Rollins, DigitalOcean, and Fastly, among many smaller additions. The firm also exited a broad set of holdings, including Autodesk, PayPal, UnitedHealth Group, Workday, Thermo Fisher Scientific, and Lyft.

New positions

METAMeta Platforms, Inc.$272.71Mreported value+476.7K shares LRCXLam Research Corporation$225.30Mreported value+1.05M shares ROLRollins Inc$116.31Mreported value+2.18M shares DOCNDigitalocean Holdings, Inc.$8.25Mreported value+96.2K shares FSLYFastly, Inc.$6.93Mreported value+238.5K shares MCHIiShares Trust$5.44Mreported value+96.8K shares EWTIshares, Inc.$5.17Mreported value+72.9K shares AZNAstrazeneca Plc$5.12Mreported value+26.0K shares PRAXPraxis Precision Medicines, Inc.$3.24Mreported value+10.0K shares SITMSitime Corporation$2.45Mreported value+7.1K shares VICRVicor Corporation$2.24Mreported value+13.9K shares AZZAzz Inc.$1.81Mreported value+14.4K shares AIRAar Corp$1.77Mreported value+16.2K shares LINDLindblad Expeditions Holdings, Inc.$1.77Mreported value+102.1K shares LFUSLittelfuse Inc /de$1.68Mreported value+5.0K shares SHAKShake Shack Inc.$1.67Mreported value+18.8K shares WTWisdomtree, Inc.$1.59Mreported value+109.0K shares WULFTerawulf Inc.$1.53Mreported value+106.4K shares NXENexgen Energy Ltd.$1.36Mreported value+117.6K shares OUTOutfront Media Inc.$1.36Mreported value+51.4K shares CAKEThe Cheesecake Factory Incorporated$1.36Mreported value+24.8K shares AAOIApplied Optoelectronics, Inc.$1.26Mreported value+14.9K shares CRCLCircle Internet Group, Inc.$1.25Mreported value+13.1K shares IONQIonq, Inc.$1.21Mreported value+42.1K shares TWSTTwist Bioscience Corporation$1.14Mreported value+24.0K shares VPGVishay Precision Group, Inc.$1.05Mreported value+24.3K shares FNFabrinet$1.01Mreported value+1.9K shares FLRFluor Corporation$980.2Kreported value+21.0K shares CALYTopgolf Callaway Brands Corp$977.6Kreported value+70.4K shares ADTNAdtran Holdings, Inc.$952.2Kreported value+75.7K shares LRNStride, Inc.$932.0Kreported value+10.6K shares KTBKontoor Brands, Inc.$927.3Kreported value+13.2K shares CEPTCantor Equity Partners Ii, Inc.$902.4Kreported value+82.9K shares ARLOArlo Technologies, Inc.$834.9Kreported value+58.7K shares LPTHLightpath Technologies Inc$792.9Kreported value+79.1K shares BKSYBlacksky Technology Inc.$771.0Kreported value+30.6K shares ETONEton Pharmaceuticals, Inc.$743.8Kreported value+30.1K shares FLYFirefly Aerospace Inc.$726.0Kreported value+25.5K shares OFRMOnce Upon a Farm, Pbc$664.3Kreported value+40.6K shares BETRBetter Home & Finance Holding Company$568.5Kreported value+16.0K shares ORNOrion Group Holdings Inc$537.0Kreported value+49.3K shares LMNDLemonade, Inc.$515.2Kreported value+8.2K shares SMTCSemtech Corp$503.9Kreported value+6.6K shares ANIPAni Pharmaceuticals, Inc$492.9Kreported value+6.4K shares THRThermon Group Holdings Inc$477.1Kreported value+9.5K shares FTKFlotek Industries Inc$469.1Kreported value+27.6K shares MTWManitowoc Co Inc$464.6Kreported value+39.9K shares VECOVeeco Instruments Inc.$407.3Kreported value+12.0K shares DLXDeluxe Corp$389.9Kreported value+14.2K shares ANNXAnnexon, Inc.$388.6Kreported value+70.2K shares MLKNMillerknoll, Inc.$380.4Kreported value+26.3K shares PAHCPhibro Animal Health Corporation$374.7Kreported value+6.8K shares ANROAlto Neuroscience, Inc.$373.5Kreported value+16.6K shares CEPUCentral Puerto S.a.$372.3Kreported value+22.1K shares AXSMAxsome Therapeutics, Inc.$357.6Kreported value+2.1K shares MITKMitek Systems, Inc.$357.0Kreported value+26.4K shares VTOLBristow Group Inc.$350.9Kreported value+7.5K shares SKYTSkywater Technology Inc$348.5Kreported value+12.7K shares DNTHDianthus Therapeutics, Inc.$345.7Kreported value+4.1K shares AAAlcoa Corp$330.0Kreported value+5.0K shares PURRHyperliquid Strategies Inc$315.6Kreported value+62.0K shares SNSharkninja, Inc.$263.8Kreported value+2.5K shares VISTVista Energy, S.a.b. De C.v.$242.6Kreported value+3.2K shares MTSIMacom Technology Solutions Holdings, Inc.$236.1Kreported value+1.1K shares BILSPDR Series Trust$209.5Kreported value+2.3K shares QXOQxo, Inc.$207.6Kreported value+10.7K shares LOCOEl Pollo Loco Holdings, Inc.$182.0Kreported value+13.1K shares NAUTNautilus Biotechnology, Inc.$156.5Kreported value+40.3K shares OPENOpendoor Technologies Inc.$81.8Kreported value+17.5K shares

Increased positions

NOWServicenow, Inc.$760.02Mreported value+1.59M shares+28.0%CSGPCostar Group, Inc.$507.09Mreported value+7.68M shares+157.0%SPOTSpotify Technology S.a.$52.09Mreported value+35.8K shares+49.9%ASMLAsml Holding N.v.$21.23Mreported value+4.9K shares

Reduced positions

MSFTMicrosoft Corporation$1.05Breported value-1.06M shares-27.2%GOOGAlphabet Inc.$845.27Mreported value-1.07M shares-26.7%LLYEli Lilly & Co$841.18Mreported value-331.5K shares-26.6%AVGOBroadcom Inc.$834.92Mreported value-834.1K shares

Exited positions

ICLRICON PLC$19.17Mprior reported value-105.2K shares-100.0%MNDYMonday.com Ltd.$11.71Mprior reported value-79.3K shares-100.0%IVViShares Trust$9.36Mprior reported value-13.7K shares-100.0%GLOBGlobant S.a.$5.91Mprior reported value-90.5K shares