Polen Capital Management 13F annual report
Polen Capital Management is an investment fund managing more than $39.9 trillion ran by Lauren Walsh. There are currently 105 companies in Mrs. Walsh’s portfolio. The largest investments include Amazon.com and Microsoft, together worth $9.74 trillion.
$39.9 trillion Assets Under Management (AUM)
As of 5th August 2024, Polen Capital Management’s top holding is 29,623,890 shares of Amazon.com currently worth over $5.72 trillion and making up 14.4% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Polen Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 8,985,549 shares of Microsoft worth $4.02 trillion, whose value fell 2.2% in the past six months.
The third-largest holding is Alphabet Inc worth $3.44 trillion and the next is Visa Inc worth $2.1 trillion, with 7,997,622 shares owned.
Currently, Polen Capital Management's portfolio is worth at least $39.9 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Polen Capital Management
The Polen Capital Management office and employees reside in Boca Raton, Florida. According to the last 13-F report filed with the SEC, Lauren Walsh serves as the Chief Compliance Officer at Polen Capital Management.
Recent trades
In the most recent 13F filing, Polen Capital Management revealed that it had opened a new position in
PDD Inc and bought 54,875 shares worth $7.3 billion.
This means they effectively own approximately 0.1% of the company.
PDD Inc makes up
0.1%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Zoetis Inc by buying
40,937 additional shares.
This makes their stake in Zoetis Inc total 7,046,051 shares worth $1.22 trillion.
Zoetis Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Polen Capital Management is getting rid of from its portfolio.
Polen Capital Management closed its position in Wingstop Inc on 12th August 2024.
It sold the previously owned 13,617 shares for $4.99 billion.
Lauren Walsh also disclosed a decreased stake in Amazon.com by 0.1%.
This leaves the value of the investment at $5.72 trillion and 29,623,890 shares.
One of the largest hedge funds
The two most similar investment funds to Polen Capital Management are Tci Fund Management Ltd and Assenagon Asset Management S.A.. They manage $39.7 trillion and $40.1 trillion respectively.
Lauren Walsh investment strategy
Polen Capital Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 37.7% of
the total portfolio value.
The fund focuses on investments in the United States as
57.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
39% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $100 billion.
The complete list of Polen Capital Management trades based on 13F SEC filings
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Amazon.com Inc. |
13.91%
29,623,890
|
$5,724,816,686,000 | 14.36% |
| Microsoft Corporation |
7.03%
8,985,549
|
$4,016,091,007,000 | 10.08% |
| Alphabet Inc |
7.11%
18,777,307
|
$3,441,473,726,000 | 8.63% |
| Visa Inc |
4.71%
7,997,622
|
$2,099,135,812,000 | 5.27% |
| ServiceNow Inc |
6.76%
2,482,798
|
$1,953,142,963,000 | 4.90% |
| Mastercard Incorporated |
5.14%
4,239,995
|
$1,870,516,110,000 | 4.69% |
| Salesforce Inc |
3.45%
6,714,688
|
$1,726,346,373,000 | 4.33% |
| Thermo Fisher Scientific Inc. |
4.81%
3,102,010
|
$1,715,411,476,000 | 4.30% |
| Abbott Labs |
5.18%
15,305,822
|
$1,590,427,945,000 | 3.99% |
| Airbnb, Inc. |
5.18%
10,173,464
|
$1,542,602,417,000 | 3.87% |
| Adobe Inc |
6.03%
2,665,186
|
$1,480,617,560,000 | 3.71% |
| Netflix Inc. |
44.80%
2,119,328
|
$1,430,292,278,000 | 3.59% |
| Accenture Plc Ireland |
6.38%
4,333,582
|
$1,314,852,194,000 | 3.30% |
| Zoetis Inc |
0.58%
7,046,051
|
$1,221,503,402,000 | 3.06% |
| Unitedhealth Group Inc |
6.05%
2,249,052
|
$1,145,352,473,000 | 2.87% |
| Novo-nordisk A S |
4.13%
7,447,972
|
$1,063,123,485,000 | 2.67% |
| Shopify Inc |
1,672.17%
14,722,354
|
$972,411,504,000 | 2.44% |
| MSCI Inc |
1,113.07%
1,650,450
|
$795,104,495,000 | 1.99% |
| Workday Inc |
6.88%
3,428,901
|
$766,565,106,000 | 1.92% |
| Gartner, Inc. |
5.61%
1,650,791
|
$741,304,197,000 | 1.86% |
| Nike, Inc. |
5.32%
8,967,481
|
$675,879,010,000 | 1.70% |
| Eli Lilly & Co |
6.45%
547,065
|
$495,301,599,000 | 1.24% |
| Icon Plc |
1.20%
1,085,062
|
$340,134,263,000 | 0.85% |
| Paycom Software Inc |
47.09%
2,236,125
|
$319,855,358,000 | 0.80% |
| Sap SE |
1.58%
1,254,529
|
$253,051,104,000 | 0.63% |
| Aon plc. |
0.97%
822,041
|
$241,334,908,000 | 0.61% |
| Automatic Data Processing In |
2.01%
491,947
|
$117,422,754,000 | 0.29% |
| Ishares Tr |
295.27%
533,082
|
$133,437,906,000 | 0.33% |
| Globant S.A. |
4.26%
477,338
|
$85,090,262,000 | 0.21% |
| Medtronic Plc |
1.47%
1,049,969
|
$82,643,041,000 | 0.21% |
| HDFC Bank Ltd. |
20.11%
853,428
|
$54,901,016,000 | 0.14% |
| Asml Holding N V |
0.08%
51,068
|
$52,229,257,000 | 0.13% |
| MercadoLibre Inc |
6.73%
31,040
|
$51,010,796,000 | 0.13% |
| Unilever plc |
0.02%
500,714
|
$27,534,279,000 | 0.07% |
| Tencent Music Entmt Group |
43.49%
1,504,807
|
$21,142,538,000 | 0.05% |
| Houlihan Lokey Inc |
8.49%
82,376
|
$11,109,213,000 | 0.03% |
| Clearwater Analytics Hldgs I |
4.64%
571,837
|
$10,590,430,000 | 0.03% |
| Autodesk Inc. |
99.15%
42,117
|
$10,421,956,000 | 0.03% |
| ExlService Holdings Inc |
5.37%
327,095
|
$10,257,700,000 | 0.03% |
| Progyny Inc |
7.85%
348,292
|
$9,964,641,000 | 0.03% |
| Hamilton Lane Inc |
14.90%
78,225
|
$9,667,064,000 | 0.02% |
| Ccc Intelligent Solutions Hl |
51.23%
854,191
|
$9,490,057,000 | 0.02% |
| Generac Holdings Inc |
4.17%
70,988
|
$9,385,979,000 | 0.02% |
| Las Vegas Sands Corp |
15.34%
196,374
|
$8,689,550,000 | 0.02% |
| Spdr Ser Tr |
63.23%
91,892
|
$8,433,889,000 | 0.02% |
| Revolve Group Inc |
1.63%
511,992
|
$8,145,789,000 | 0.02% |
| Alarm.com Holdings Inc |
2.19%
128,165
|
$8,143,630,000 | 0.02% |
| Core & Main, Inc. |
0.63%
158,999
|
$7,781,391,000 | 0.02% |
| Dlocal Ltd |
25.49%
953,716
|
$7,715,562,000 | 0.02% |
| Warby Parker Inc. |
3.26%
463,853
|
$7,449,480,000 | 0.02% |
| Alight Inc. |
21.64%
1,008,705
|
$7,444,241,000 | 0.02% |
| Goosehead Ins Inc |
2.23%
129,053
|
$7,412,778,000 | 0.02% |
| PDD Holdings Inc |
Opened
54,875
|
$7,295,631,000 | 0.02% |
| Medpace Holdings Inc |
2.25%
17,341
|
$7,141,922,000 | 0.02% |
| Euronet Worldwide Inc |
14.84%
64,711
|
$6,697,582,000 | 0.02% |
| Yum China Holdings Inc |
34.43%
201,365
|
$6,210,097,000 | 0.02% |
| SiTime Corp |
25.19%
46,054
|
$5,728,137,000 | 0.01% |
| BlackLine Inc |
4.37%
104,007
|
$5,039,116,000 | 0.01% |
| Wingstop Inc |
Closed
13,617
|
$4,989,114,000 | |
| Epam Sys Inc |
27.81%
25,775
|
$4,848,535,000 | 0.01% |
| Align Technology, Inc. |
98.35%
20,006
|
$4,829,955,000 | 0.01% |
| YETI Holdings Inc |
12.57%
120,632
|
$4,602,124,000 | 0.01% |
| FirstService Corp |
16.94%
29,787
|
$4,538,645,000 | 0.01% |
| Kb Finl Group Inc |
3.57%
78,267
|
$4,430,695,000 | 0.01% |
| Appfolio Inc |
32.51%
17,855
|
$4,366,891,000 | 0.01% |
| Option Care Health Inc |
Opened
153,541
|
$4,253,075,000 | 0.01% |
| Fox Factory Hldg Corp |
14.38%
80,541
|
$3,881,285,000 | 0.01% |
| Global X Fds |
255.70%
55,803
|
$3,649,516,000 | 0.01% |
| Qualys Inc |
16.54%
25,568
|
$3,645,964,000 | 0.01% |
| Vanguard Scottsdale Fds |
3.82%
34,536
|
$3,239,822,000 | 0.01% |
| Amn Healthcare Svcs Inc |
5.16%
61,781
|
$3,165,020,000 | 0.01% |
| AAON Inc. |
Opened
34,884
|
$3,043,276,000 | 0.01% |
| Doximity, Inc. |
36.75%
105,500
|
$2,950,822,000 | 0.01% |
| XPEL Inc |
Closed
50,490
|
$2,727,497,000 | |
| Installed Bldg Prods Inc |
Opened
13,093
|
$2,693,047,000 | 0.01% |
| Bio-Techne Corp |
4.23%
35,457
|
$2,540,494,000 | 0.01% |
| Morningstar Inc |
13.58%
8,064
|
$2,385,734,000 | 0.01% |
| Topgolf Callaway Brands Corp |
18.91%
153,111
|
$2,342,604,000 | 0.01% |
| Dynatrace Inc |
30.83%
51,083
|
$2,285,453,000 | 0.01% |
| Five Below Inc |
8.16%
20,784
|
$2,264,832,000 | 0.01% |
| Helen of Troy Ltd |
Closed
19,642
|
$2,263,583,000 | |
| SiteOne Landscape Supply Inc |
17.90%
17,111
|
$2,077,481,000 | 0.01% |
| RH |
49.24%
8,283
|
$2,024,799,000 | 0.01% |
| Monolithic Pwr Sys Inc |
37.26%
2,442
|
$2,006,543,000 | 0.01% |
| Aspen Technology Inc |
13.63%
9,853
|
$1,957,101,000 | 0.00% |
| Etsy Inc |
13.90%
32,925
|
$1,941,917,000 | 0.00% |
| Repligen Corp. |
Opened
14,572
|
$1,836,896,000 | 0.00% |
| LGI Homes Inc |
17.65%
20,103
|
$1,799,047,000 | 0.00% |
| MarketAxess Holdings Inc. |
0.99%
8,084
|
$1,621,085,000 | 0.00% |
| Tyler Technologies, Inc. |
5.73%
3,110
|
$1,563,646,000 | 0.00% |
| Applied Indl Technologies In |
Opened
7,595
|
$1,473,488,000 | 0.00% |
| Bowman Consulting Group Ltd |
17.36%
46,145
|
$1,466,963,000 | 0.00% |
| Construction Partners Inc |
Opened
25,574
|
$1,411,938,000 | 0.00% |
| Ollies Bargain Outlet Hldgs |
Opened
12,800
|
$1,256,576,000 | 0.00% |
| Kaspi Kz Jsc |
Opened
9,686
|
$1,249,591,000 | 0.00% |
| Charles Riv Labs Intl Inc |
5.69%
5,715
|
$1,180,605,000 | 0.00% |
| Bumble Inc |
Closed
98,635
|
$1,119,507,000 | |
| Pool Corporation |
5.73%
3,485
|
$1,071,045,000 | 0.00% |
| Copa Holdings Sa |
20.07%
11,168
|
$1,062,970,000 | 0.00% |
| Skillsoft Corp |
6.49%
73,112
|
$1,011,139,000 | 0.00% |
| Kinsale Cap Group Inc |
Opened
2,315
|
$891,923,000 | 0.00% |
| Floor & Decor Holdings Inc |
51.23%
7,635
|
$758,995,000 | 0.00% |
| PayPal Holdings Inc |
74.19%
12,770
|
$741,064,000 | 0.00% |
| Tetra Tech, Inc. |
Opened
3,309
|
$676,624,000 | 0.00% |
| Endava plc |
73.08%
18,930
|
$553,515,000 | 0.00% |
| Freeport-McMoRan Inc |
0.09%
10,419
|
$506,363,000 | 0.00% |
| Meta Platforms Inc |
Opened
808
|
$407,328,000 | 0.00% |
| TREX Co., Inc. |
49.09%
5,379
|
$398,691,000 | 0.00% |
| NetEase Inc |
No change
4,000
|
$382,320,000 | 0.00% |
| Karooooo Ltd |
Closed
9,250
|
$231,805,000 | |
| No transactions found | |||
| Showing first 500 out of 110 holdings | |||
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