Polen Capital

Net selling

Polen Capital Management Llc — managed by Polen Capital; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-06-30 (filed 2026-08-04) · Source: SEC EDGAR

Portfolio value$11.61B (−20%)

Holdings219 (−2)

Top holdingEli Lilly & Co

Below band3

New

Added

Exited

By what price implies: 66 demand a demanding growth rate, 11 modest.

13F × valuation

Valuation posture

Of 60 valued US positions, 3 trade below a conservative value band (1 in the strike zone) (as of 2026-10-16):

Green Brick Partners IncGRBK41% · strike
Adobe IncADBE29% · below
Zoetis IncZTS6% · below

SEC 13F · latest filing

Holdings

Security	Value	Valuation	Holders	Shares	Weight	Signal
Eli Lilly & CoLLY	$799.9M	—	8	666,912	6.9%	—
Nvidia CorporationNVDA	$796.0M	—	19	3,978,446	6.9%	—
Microsoft CorpMSFT	$782.8M	—	42	2,098,613	6.7%	—
Alphabet IncGOOG	$765.0M	—	35	2,165,218	6.6%	—
Broadcom IncAVGO	$740.5M	—	13	1,960,209	6.4%	—
Amazon Com IncAMZN	$669.7M	—	38	2,809,953	5.8%	—
Visa IncV	$619.5M	—	32	1,805,617	5.3%	—
Mastercard IncorporatedMA	$586.5M	—	22	1,141,958	5.1%	—
Servicenow IncNOW	$533.2M	—	6	5,370,172	4.6%	—
Oracle CorpORCL	$523.8M	—	15	3,574,259	4.5%	—
Shopify IncSHOP	$522.7M	—	3	4,577,524	4.5%	—
Msci IncMSCI	$376.2M	—	7	671,797	3.2%	—
Lam Research CorpLRCX	$372.2M	—	9	859,036	3.2%	—
Starbucks CorpSBUX	$362.9M	—	5	3,550,773	3.1%	—
Idexx Labs IncIDXX	$280.3M	—	5	532,384	2.4%	—
Ge AerospaceGE	$258.1M	—	11	690,493	2.2%	—
Costar Group IncCSGP	$248.1M	—	6	8,759,314	2.1%	—
Taiwan Semiconductor ManufacTSM	$239.4M	—	28	501,210	2.1%	—
Airbnb IncABNB	$236.1M	—	6	1,649,884	2.0%	—
Ge Vernova IncGEV	$231.0M	—	12	196,612	2.0%	—
Meta Platforms IncMETA	$185.6M	—	34	329,573	1.6%	—
Intuitive Surgical IncISRG	$178.1M	—	4	447,944	1.5%	—
Ati IncATI	$161.5M	—	3	819,236	1.4%	—
Howmet Aerospace IncHWM	$122.9M	—	2	457,124	1.1%	—
Emcor Group IncEME	$85.6M	—	3	103,123	0.7%	—

Eli Lilly & CoLLY—
Value$799.9MValuation—Holders8Weight6.9%
Nvidia CorporationNVDA—
Value$796.0MValuation—Holders19Weight6.9%
Microsoft CorpMSFT—
Value$782.8MValuation—Holders42Weight6.7%
Alphabet IncGOOG—
Value$765.0MValuation—Holders35Weight6.6%
Broadcom IncAVGO—
Value$740.5MValuation—Holders13Weight6.4%
Amazon Com IncAMZN—
Value$669.7MValuation—Holders38Weight5.8%
Visa IncV—
Value$619.5MValuation—Holders32Weight5.3%
Mastercard IncorporatedMA—
Value$586.5MValuation—Holders22Weight5.1%
Servicenow IncNOW—
Value$533.2MValuation—Holders6Weight4.6%
Oracle CorpORCL—
Value$523.8MValuation—Holders15Weight4.5%
Shopify IncSHOP—
Value$522.7MValuation—Holders3Weight4.5%
Msci IncMSCI—
Value$376.2MValuation—Holders7Weight3.2%
Lam Research CorpLRCX—
Value$372.2MValuation—Holders9Weight3.2%
Starbucks CorpSBUX—
Value$362.9MValuation—Holders5Weight3.1%
Idexx Labs IncIDXX—
Value$280.3MValuation—Holders5Weight2.4%
Ge AerospaceGE—
Value$258.1MValuation—Holders11Weight2.2%
Costar Group IncCSGP—
Value$248.1MValuation—Holders6Weight2.1%
Taiwan Semiconductor ManufacTSM—
Value$239.4MValuation—Holders28Weight2.1%
Airbnb IncABNB—
Value$236.1MValuation—Holders6Weight2.0%
Ge Vernova IncGEV—
Value$231.0MValuation—Holders12Weight2.0%
Meta Platforms IncMETA—
Value$185.6MValuation—Holders34Weight1.6%
Intuitive Surgical IncISRG—
Value$178.1MValuation—Holders4Weight1.5%
Ati IncATI—
Value$161.5MValuation—Holders3Weight1.4%
Howmet Aerospace IncHWM—
Value$122.9MValuation—Holders2Weight1.1%
Emcor Group IncEME—
Value$85.6MValuation—Holders3Weight0.7%

Showing top 25 of 219 positions

Exited this quarter (70)Intuit、Fastly Inc、Ishares Tr、Medtronic Plc、Ishares Inc、Genedx Holdings Corp、Paycom Software Inc、Figure Technology Solutio、Karman Hldgs Inc、Corporacion Amer Arpts S A、Kratos Defense & Sec Solutio、Iradimed Corp… +58 more

What is a superinvestor

About this investor

Portfolio overview

Polen Capital Management Llc's most recent 13F filing, for the quarter ended 2026-06-30, reports 219 positions worth $11.61B. The top 5 holdings represent 33% of that value, a broadly diversified portfolio.

The single largest position is Eli Lilly & Co at 6.9% of the portfolio, followed by Nvidia Corporation at 6.9% and Microsoft Corp at 6.7%.

Against the prior quarter, Polen Capital opened 68 new positions, exited 70, added to 63, and trimmed 88. The largest new buy was Ge Aerospace. The most notable sale was the full exit from Ses Ai Corporation.

Across all 8 quarters on file, Eli Lilly & Co has appeared in every filing, as has Microsoft Corp. Eli Lilly & Co currently ranks first by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

Polen Capital holds 1 position now in the strike zone. See the full strike-zone list

Sources· SEC EDGAR 13F as of 2026-06-30 · filed 2026-08-04

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