Polen Capital Mgmt portfolio: Q2 2026 13F
Every US-listed position Polen Capital Mgmt reported in its 13F for Q2 2026, the quarter ended Jun 30, 2026, filed with the SEC on Aug 4, 2026. 219 positions at the quarter end, after opening 68 and exiting 70 during it.
50 largest positions
| Ticker | Company | Allocation | Value | Shares | Change |
|---|---|---|---|---|---|
| LLY | Eli Lilly & Co | 6.89% | $799.91M | 666,912 | Trimmed |
| NVDA | NVIDIA Corp | 6.86% | $796.05M | 3,978,446 | Trimmed |
| MSFT | Microsoft Corp | 6.74% | $782.82M | 2,098,613 | Trimmed |
| GOOG | Alphabet Inc. | 6.59% | $765.04M | 2,165,218 | Trimmed |
| AVGO | Broadcom Inc. | 6.38% | $740.47M | 1,960,209 | Trimmed |
| AMZN | Amazon.com Inc | 5.77% | $669.72M | 2,809,953 | Trimmed |
| V | Visa Inc. | 5.34% | $619.49M | 1,805,617 | Trimmed |
| MA | Mastercard Inc | 5.05% | $586.51M | 1,141,958 | Trimmed |
| NOW | ServiceNow, Inc. | 4.59% | $533.15M | 5,370,172 | Trimmed |
| ORCL | Oracle Corp | 4.51% | $523.81M | 3,574,259 | Trimmed |
| SHOP | Shopify Inc. | 4.50% | $522.66M | 4,577,524 | Trimmed |
| MSCI | MSCI Inc. | 3.24% | $376.23M | 671,797 | Trimmed |
| LRCX | Lam Research Corp | 3.21% | $372.25M | 859,036 | Trimmed |
| SBUX | Starbucks Corp | 3.13% | $362.85M | 3,550,773 | Trimmed |
| IDXX | IDEXX Laboratories Inc | 2.41% | $280.27M | 532,384 | Trimmed |
| GE | General Electric Co | 2.22% | $258.06M | 690,493 | New |
| CSGP | CoStar Group, Inc. | 2.14% | $248.06M | 8,759,314 | Trimmed |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | 2.06% | $239.36M | 501,210 | Added |
| ABNB | Airbnb, Inc. | 2.03% | $236.10M | 1,649,884 | Trimmed |
| GEV | GE Vernova Inc. | 1.99% | $230.99M | 196,612 | New |
| META | Meta Platforms, Inc. | 1.60% | $185.65M | 329,573 | Trimmed |
| ISRG | Intuitive Surgical Inc | 1.53% | $178.14M | 447,944 | Trimmed |
| ATI | ATI Inc | 1.39% | $161.47M | 819,236 | New |
| HWM | Howmet Aerospace Inc. | 1.06% | $122.90M | 457,124 | New |
| EME | EMCOR Group, Inc. | 0.74% | $85.58M | 103,123 | New |
| IWF | iShares Russell 1000 Growth ETF | 0.66% | $76.20M | 613,639 | Trimmed |
| ROL | Rollins Inc | 0.57% | $66.40M | 1,590,903 | Trimmed |
| AON | Aon plc | 0.47% | $54.41M | 164,035 | Trimmed |
| MELI | MercadoLibre Inc | 0.38% | $44.01M | 25,926 | Trimmed |
| UBER | Uber Technologies, Inc | 0.35% | $41.14M | 570,063 | Trimmed |
| SPOT | Spotify Technology S.A. | 0.32% | $37.46M | 81,578 | Trimmed |
| ASML | ASML Holding NV | 0.26% | $30.69M | 15,427 | Trimmed |
| ZTS | Zoetis Inc. | 0.20% | $23.03M | 320,420 | Trimmed |
| ACN | Accenture plc | 0.16% | $19.01M | 152,800 | Trimmed |
| ACWI | iShares MSCI ACWI ETF | 0.16% | $18.92M | 120,540 | Trimmed |
| SNPS | Synopsys Inc | 0.16% | $18.41M | 41,267 | Trimmed |
| DOCN | DigitalOcean Holdings, Inc. | 0.14% | $15.91M | 101,350 | Added |
| WULF | TeraWulf Inc. | 0.12% | $13.91M | 563,139 | Added |
| CECO | CECO Environmental Corp | 0.11% | $12.52M | 137,977 | Trimmed |
| BE | Bloom Energy Corp | 0.11% | $12.36M | 40,838 | Trimmed |
| BELFB | Bel Fuse Inc | 0.09% | $10.94M | 32,845 | Trimmed |
| NU | Nu Holdings Ltd. | 0.09% | $10.06M | 752,747 | Trimmed |
| GOOGL | Alphabet Inc. | 0.09% | $9.94M | 27,810 | Trimmed |
| LASR | nLIGHT, Inc. | 0.08% | $9.29M | 133,448 | Added |
| FROG | JFrog Ltd | 0.07% | $8.46M | 93,117 | Added |
| POWL | Powell Industries Inc | 0.07% | $8.36M | 29,181 | Trimmed |
| AGX | Argan Inc | 0.07% | $8.16M | 10,214 | Trimmed |
| MOD | Modine Manufacturing Co | 0.07% | $7.83M | 29,335 | Added |
| YOU | Clear Secure, Inc. | 0.06% | $7.34M | 131,773 | Trimmed |
| BKD | Brookdale Senior Living Inc. | 0.06% | $7.26M | 451,082 | Added |
Showing the 50 largest of 219 positions by allocation. The full portfolio, sortable by value, allocation and share count, loads below.
What changed in Q2 2026
| Action | Ticker | Company | Share change | Value |
|---|---|---|---|---|
| Trimmed | LLY | Eli Lilly & Co | -247,645 | $799.91M |
| Trimmed | NVDA | NVIDIA Corp | -125,801 | $796.05M |
| Trimmed | MSFT | Microsoft Corp | -747,275 | $782.82M |
| Trimmed | GOOG | Alphabet Inc. | -781,419 | $765.04M |
| Trimmed | AVGO | Broadcom Inc. | -737,358 | $740.47M |
| Trimmed | AMZN | Amazon.com Inc | -1,086,786 | $669.72M |
| Trimmed | V | Visa Inc. | -640,143 | $619.49M |
| Trimmed | MA | Mastercard Inc | -399,430 | $586.51M |
| Trimmed | NOW | ServiceNow, Inc. | -1,899,281 | $533.15M |
| Trimmed | ORCL | Oracle Corp | -1,449,998 | $523.81M |
| Trimmed | SHOP | Shopify Inc. | -1,729,216 | $522.66M |
| Trimmed | MSCI | MSCI Inc. | -257,712 | $376.23M |
| Trimmed | LRCX | Lam Research Corp | -195,459 | $372.25M |
| Trimmed | SBUX | Starbucks Corp | -1,504,715 | $362.85M |
| Trimmed | IDXX | IDEXX Laboratories Inc | -163,427 | $280.27M |
| New | GE | General Electric Co | +690,493 | $258.06M |
| Trimmed | CSGP | CoStar Group, Inc. | -3,811,054 | $248.06M |
| Added | TSM | Taiwan Semiconductor Manufacturing Co Ltd | +326,524 | $239.36M |
| Trimmed | ABNB | Airbnb, Inc. | -623,863 | $236.10M |
| New | GEV | GE Vernova Inc. | +196,612 | $230.99M |
| Trimmed | META | Meta Platforms, Inc. | -147,090 | $185.65M |
| Trimmed | ISRG | Intuitive Surgical Inc | -158,882 | $178.14M |
| New | ATI | ATI Inc | +819,236 | $161.47M |
| New | HWM | Howmet Aerospace Inc. | +457,124 | $122.90M |
| New | EME | EMCOR Group, Inc. | +103,123 | $85.58M |
The 25 largest changes by value. The full quarter, filterable by action, loads below.
About these holdings
The 13F on record for Polen Capital Mgmt (Polen Capital Management LLC), filed on Aug 4, 2026, reports 219 positions as of Jun 30, 2026. The largest is Eli Lilly & Co (LLY) at 6.9% of the reported portfolio, followed by NVIDIA Corp (NVDA, 6.9%) and Microsoft Corp (MSFT, 6.7%). The ten largest make up 58.7% of it. Against the previous quarter, it opened 68 new positions, added to 60, trimmed 91 and sold out of 70. The largest new position is General Electric Co (GE), at 2.2% of the portfolio. The largest position it added to is Taiwan Semiconductor Manufacturing Co Ltd (TSM), now 2.1%. The largest it sold out of, by its value the quarter before, is Intuit Inc. (INTU).
Eli Lilly & Co (LLY), the largest position, is also held by 8 other investors tracked here. Of those, Mairs & Power, Ken Griffin, George Soros and Ray Dalio hold the most of it as a share of their own portfolios.
Other investors
Lee AinslieDodge & CoxBill NygrenGeorge SorosRichard PzenaMairs & PowerSarah KettererFirst Eagle Investment