N-PORT filing recap · July 2024

What did Polen Growth Fund buy in July 2024?

Reported stock-position changes between this filing and the previous one. These are Polen Growth Fund's own holdings, not the firm's.

Stock value

$7.09B

Positions

Estimated turnover

31.9%

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.

Period in review

Polen Growth Fund opened new positions in Apple, MSCI, and Shopify, and exited Align Technology, Autodesk, and Nike. Amazon.com was trimmed, as were Mastercard, Accenture, UnitedHealth Group, Zoetis, Novo Nordisk, Gartner, Eli Lilly, and Paycom Software. Netflix and Salesforce were substantially reduced, while Adobe and Workday were added to.

New positions

AAPLApple Inc.$327.71Mreported value+1.48M shares MSCIMsci Inc.$158.66Mreported value+293.4K shares SHOPShopify Inc.$153.95Mreported value+2.52M shares

Increased positions

ADBEAdobe Inc.$353.77Mreported value+150.7K shares+30.7%WDAYWorkday, Inc.$197.95Mreported value+258.5K shares+42.2%

Reduced positions

AMZNAmazon.com Inc$1.02Breported value-1.00M shares-15.5%MSFTMicrosoft Corporation$689.95Mreported value-178.0K shares-9.7%GOOGAlphabet Inc.$568.18Mreported value-357.2K shares-9.8%VVisa Inc.$377.22Mreported value-141.0K shares

Exited positions

ADSKAutodesk, Inc.$199.66Mprior reported value-938.0K shares-100.0%NKENike, Inc.$174.33Mprior reported value-1.89M shares-100.0%ALGNAlign Technology, Inc.$68.10Mprior reported value-241.2K shares-100.0%