§ 13F · FUND PROFILE
POLEN CAPITAL MANAGEMENT LLC.
Concentrated large-cap growth
AUM · $30.8B (13F)Positions · 232Turnover · 100% · Q1Filed · May 14, 2026
CONCENTRATION
56%
Top 10 holdings
NEW BUYS
+69
+$697M deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → SEMICONDUCTORS
-4pp · +3pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 14, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | MSFT | MICROSOFT CORP | 2.85M | $1.1B | 7.3% | −27% |
| 2 | GOOG | ALPHABET INC | 2.95M | $845M | 5.8% | −27% |
| 3 | LLY | ELI LILLY & CO | 915K | $841M | 5.8% | −27% |
| 4 | AVGO | BROADCOM INC | 2.70M | $835M | 5.8% | −24% |
| 5 | AMZN | AMAZON COM INC | 3.90M | $812M | 5.6% | −55% |
| 6 | MA | MASTERCARD INCORPORATED | 1.54M | $770M | 5.3% | −28% |
| 7 | NOW | SERVICENOW INC | 7.27M | $760M | 5.3% | +28% |
| 8 | SHOP | SHOPIFY INC | 6.31M | $748M | 5.2% | −12% |
| 9 | V | VISA INC | 2.45M | $739M | 5.1% | −28% |
| 10 | ORCL | ORACLE CORP | 5.02M | $739M | 5.1% | −30% |
§ 02 · SECTOR ALLOCATION
Where the money is
Technology26.9% (−3pp)
Other26.8% (±0)
Financial Services14.0% (±0)
Semiconductors12.9% (+3pp)
Pharmaceuticals9.3% (+1pp)
Media8.3%
§ 03 · THE POLEN SIGNAL
AC read
POLEN CAPITAL MANAGEMENT LLC is a Quality / Compounder fund managing $30.8 billion in assets. The fund runs a broad portfolio of 232 positions, moderate concentration, with the top 10 positions making up 56% of the portfolio. Trading activity is aggressive at 100% quarterly turnover, with 69 new positions and 0 exits last quarter. Top sector allocations: Technology (27%), Other (27%), Financial Services (14%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Busy quarter
+69 buys · −0 exits · 152 changed
Q4 2025
Busy quarter
+56 buys · −0 exits · 166 changed
Q3 2025
Busy quarter
+52 buys · −0 exits · 179 changed
Q2 2025
Busy quarter
+151 buys · −0 exits · 89 changed