whalepapers
Overview/ Polen Capital Management LLC/ Q1 2025

Polen Capital Management LLC

CIK 0001034524 · As of Q1 2025 · filed May 12, 2025

Q1 2025

Holdings

117 positions · Δ vs prior quarter
AMZN AMAZON.COM INC
$3.38B
10.6%
17,747,395 −1,799,217 −9.2% Reduced
MSFT MICROSOFT CORP
$2.23B
7.0%
5,941,106 −469,776 −7.3% Reduced
V VISA INC-CLASS A SHARES
$2.11B
6.6%
6,023,710 −555,023 −8.4% Reduced
ORCL ORACLE CORP
$1.76B
5.5%
12,609,101 +1,885,370 +17.6% Added
MA MASTERCARD INC - A
$1.76B
5.5%
3,211,209 −281,257 −8.1% Reduced
ABT ABBOTT LABORATORIES
$1.51B
4.7%
11,385,577 −1,302,786 −10.3% Reduced
SHOP SHOPIFY INC - CLASS A
$1.46B
4.6%
15,270,075 −1,809,405 −10.6% Reduced
LLY ELI LILLY & CO
$1.45B
4.6%
1,754,571 +459,182 +35.4% Added
ZTS ZOETIS INC
$1.45B
4.5%
8,796,847 +1,313,653 +17.6% Added
AON AON PLC-CLASS A
$1.20B
3.8%
3,007,719 +2,288,397 +318.1% Added
GOOG ALPHABET INC-CL C
$1.16B
3.6%
7,434,428 −3,641,843 −32.9% Reduced
TMO THERMO FISHER SCIENTIFIC INC
$1.16B
3.6%
2,322,482 −138,713 −5.6% Reduced
ADBE ADOBE INC
$1.08B
3.4%
2,818,625 −196,949 −6.5% Reduced
MSCI MSCI INC
$1.06B
3.3%
1,868,138 −164,100 −8.1% Reduced
ACN ACCENTURE PLC-CL A
$1.00B
3.1%
3,208,478 −318,132 −9.0% Reduced
ABNB AIRBNB INC-CLASS A
$923.0M
2.9%
7,726,604 −490,310 −6.0% Reduced
WDAY WORKDAY INC-CLASS A
$921.2M
2.9%
3,944,506 −343,117 −8.0% Reduced
NFLX NETFLIX INC
$828.2M
2.6%
888,072 −839,790 −48.6% Reduced
NOW SERVICENOW INC
$756.1M
2.4%
949,728 −684,867 −41.9% Reduced
PAYC PAYCOM SOFTWARE INC
$676.8M
2.1%
3,097,854 −73,806 −2.3% Reduced
AAPL APPLE INC
$595.6M
1.9%
2,681,114 −3,488,399 −56.5% Reduced
UNH UNITEDHEALTH GROUP INC
$543.4M
1.7%
1,037,575 −88,018 −7.8% Reduced
CSGP COSTAR GROUP INC
$523.1M
1.6%
6,601,800 +104,612 +1.6% Added
SBUX STARBUCKS CORP
$503.5M
1.6%
5,133,440 +5,133,440 New
IT GARTNER INC
$350.7M
1.1%
835,522 −67,168 −7.4% Reduced
SAP SAP SE-SPONSORED ADR
$145.7M
0.5%
542,699 −457,245 −45.7% Reduced
IWF ISHARES RUSSELL 1000 GROWTH
$139.2M
0.4%
385,522 −118,097 −23.4% Reduced
MELI MERCADOLIBRE INC
$133.7M
0.4%
68,534 +31,939 +87.3% Added
WTW WILLIS TOWERS WATSON PLC
$123.9M
0.4%
366,539 +237,953 +185.1% Added
ICLR ICON PLC
$111.1M
0.3%
635,052 −76,458 −10.7% Reduced
GOOGL ALPHABET INC-CL A
$94.5M
0.3%
610,910 −619,287 −50.3% Reduced
GLOB GLOBANT SA
$91.2M
0.3%
774,418 +139,894 +22.0% Added
NVO NOVO-NORDISK A/S-SPONS ADR
$69.6M
0.2%
1,001,906 −5,403,842 −84.4% Reduced
MDT MEDTRONIC PLC
$56.6M
0.2%
629,483 −152,995 −19.6% Reduced
ADP AUTOMATIC DATA PROCESSING
$50.9M
0.2%
166,526 −13,223 −7.4% Reduced
ACWI ISHARES MSCI ACWI ETF
$44.8M
0.1%
384,795 +66,994 +21.1% Added
HDB HDFC BANK LTD-ADR
$43.3M
0.1%
651,063 −123,517 −15.9% Reduced
ASML ASML HOLDING NV-NY REG SHS
$34.9M
0.1%
52,677 −9,464 −15.2% Reduced
NU NU HOLDINGS LTD/CAYMAN ISL-A
$30.4M
0.1%
2,969,781 +726,310 +32.4% Added
TME TENCENT MUSIC ENTERTAINM-ADR
$28.5M
0.1%
1,978,769 +919,182 +86.7% Added
SPOT SPOTIFY TECHNOLOGY SA
$21.3M
0.1%
38,749 −22,112 −36.3% Reduced
MNDY MONDAY.COM LTD
$17.3M
0.1%
71,261 +18,075 +34.0% Added
EXLS EXLSERVICE HOLDINGS INC
$12.3M
0.0%
260,017 −59,473 −18.6% Reduced
ONON ON HOLDING AG-CLASS A
$10.5M
0.0%
238,933 −39,450 −14.2% Reduced
PDD PDD HOLDINGS INC
$7.8M
0.0%
66,193 −899 −1.3% Reduced
HLNE HAMILTON LANE INC-CLASS A
$7.8M
0.0%
52,320 −3,324 −6.0% Reduced
MEDP MEDPACE HOLDINGS INC
$7.5M
0.0%
24,466 +8,243 +50.8% Added
GSHD GOOSEHEAD INSURANCE INC -A
$7.2M
0.0%
61,317 −22,993 −27.3% Reduced
NSIT INSIGHT ENTERPRISES INC
$6.3M
0.0%
42,133 +702 +1.7% Added
CNM CORE & MAIN INC-CLASS A
$6.0M
0.0%
124,953 −10,784 −7.9% Reduced
PCTY PAYLOCITY HOLDING CORP
$5.9M
0.0%
31,338 +2,649 +9.2% Added
PGNY PROGYNY INC
$5.8M
0.0%
261,506 +798 +0.3% Added
RMBS RAMBUS INC
$5.6M
0.0%
109,117 +9,858 +9.9% Added
VUG VANGUARD MRNGSTAR GR ETF-SUI
$5.4M
0.0%
14,589 −24,457 −62.6% Reduced
LVS LAS VEGAS SANDS CORP
$5.4M
0.0%
139,619 −15,105 −9.8% Reduced
DLO DLOCAL LTD
$5.2M
0.0%
627,551 +191 +0.0% Added
HLI HOULIHAN LOKEY INC
$5.2M
0.0%
32,295 −3,704 −10.3% Reduced
FSV FIRSTSERVICE CORP
$4.9M
0.0%
29,648 −3,123 −9.5% Reduced
CCC CCC INTELLIGENT SOLUTIONS HO
$4.9M
0.0%
544,653 −217,651 −28.6% Reduced
AIT APPLIED INDUSTRIAL TECH INC
$4.8M
0.0%
21,160 +2,604 +14.0% Added
TREX TREX COMPANY INC
$4.6M
0.0%
78,742 +22,474 +39.9% Added
YUMC YUM CHINA HOLDINGS INC
$4.5M
0.0%
86,045 +47 +0.1% Added
ELF ELF BEAUTY INC
$4.4M
0.0%
69,325 +7,852 +12.8% Added
GNRC GENERAC HOLDINGS INC
$4.2M
0.0%
33,409 −11,007 −24.8% Reduced
BROS DUTCH BROS INC-CLASS A
$4.2M
0.0%
68,124 −36,899 −35.1% Reduced
RGEN REPLIGEN CORP
$3.9M
0.0%
30,902 −9,654 −23.8% Reduced
AAON AAON INC
$3.9M
0.0%
49,466 +17,909 +56.8% Added
CATH GLOBAL X S&P 500 CA VAL ETF
$3.6M
0.0%
53,317 +5,692 +12.0% Added
RVLV REVOLVE GROUP INC
$3.4M
0.0%
160,282 −144,247 −47.4% Reduced
CWAN CLEARWATER ANALYTICS HDS-A
$3.3M
0.0%
124,892 −15,137 −10.8% Reduced
ACWX ISHARES MSCI ACWI EX US ETF
$3.3M
0.0%
58,768 −321,503 −84.5% Reduced
WSC WILLSCOT HOLDINGS CORP
$3.3M
0.0%
116,917 −8,107 −6.5% Reduced
BDC BELDEN INC
$3.1M
0.0%
30,665 +6,483 +26.8% Added
FN FABRINET
$3.0M
0.0%
15,249 +2,644 +21.0% Added
EPAM EPAM SYSTEMS INC
$2.8M
0.0%
16,512 +3,058 +22.7% Added
TECH BIO-TECHNE CORP
$2.7M
0.0%
46,314 +25,554 +123.1% Added
IBP INSTALLED BUILDING PRODUCTS
$2.7M
0.0%
15,650 −102 −0.6% Reduced
WRBY WARBY PARKER INC-CLASS A
$2.7M
0.0%
147,071 −172,751 −54.0% Reduced
BL BLACKLINE INC
$2.7M
0.0%
55,099 −7,692 −12.3% Reduced
SITE SITEONE LANDSCAPE SUPPLY INC
$2.6M
0.0%
21,338 −2,802 −11.6% Reduced
ROAD CONSTRUCTION PARTNERS INC-A
$2.5M
0.0%
34,795 +2,786 +8.7% Added
SGOV ISHARES 0-3 MONTH TREASURY B
$2.3M
0.0%
23,299 +17,730 +318.4% Added
CRM SALESFORCE INC
$2.2M
0.0%
8,257 −11,325 −57.8% Reduced
QLYS QUALYS INC
$2.1M
0.0%
16,742 −1,959 −10.5% Reduced
KNSL KINSALE CAPITAL GROUP INC
$2.1M
0.0%
4,262 −255 −5.6% Reduced
IWM ISHARES RUSSELL 2000 ETF
$2.1M
0.0%
10,362 +355 +3.5% Added
POOL POOL CORP
$1.8M
0.0%
5,617 −345 −5.8% Reduced
BLD* TOPBUILD CORP
$1.5M
0.0%
4,931 −289 −5.5% Reduced
VT VANGUARD TOT WORLD STK ETF
$1.3M
0.0%
10,959 −15,835 −59.1% Reduced
DT DYNATRACE INC
$1.3M
0.0%
26,718 −2,303 −7.9% Reduced
SKIL SKILLSOFT CORP
$1.1M
0.0%
57,172 Held
MORN MORNINGSTAR INC
$1.1M
0.0%
3,534 −372 −9.5% Reduced
OLLI OLLIE'S BARGAIN OUTLET HOLDI
$1.0M
0.0%
8,998 −3,605 −28.6% Reduced
ENTG ENTEGRIS INC
$1.0M
0.0%
11,539 +513 +4.7% Added
LGIH LGI HOMES INC
$965K
0.0%
14,523 −1,577 −9.8% Reduced
CIGI COLLIERS INTL GR-SUBORD VOT
$962K
0.0%
7,933 −293 −3.6% Reduced
AMN AMN HEALTHCARE SERVICES INC
$943K
0.0%
38,564 +422 +1.1% Added
MKTX MARKETAXESS HOLDINGS INC
$875K
0.0%
4,046 −311 −7.1% Reduced
SAIA SAIA INC
$861K
0.0%
2,464 +2,464 New
SPY SS SPDR S&P 500 ETF TRUST-US
$810K
0.0%
1,448 −8,091 −84.8% Reduced
BWMN BOWMAN CONSULTING GROUP LTD
$773K
0.0%
35,417 −3,551 −9.1% Reduced
BSY BENTLEY SYSTEMS INC-CLASS B
$766K
0.0%
19,464 −1,943 −9.1% Reduced
FND FLOOR & DECOR HOLDINGS INC-A
$718K
0.0%
8,924 −876 −8.9% Reduced
ADSK AUTODESK INC
$643K
0.0%
2,455 −2,719 −52.6% Reduced
BIL SS SPDR BB 1-3M T-BILL ETF
$481K
0.0%
5,242 +5,242 New
NTES NETEASE INC-ADR
$445K
0.0%
4,321 −398 −8.4% Reduced
P EVERPURE INC-A
$425K
0.0%
9,597 −1,046 −9.8% Reduced
TTEK TETRA TECH INC
$411K
0.0%
14,061 −29,101 −67.4% Reduced
NKE NIKE INC -CL B
$394K
0.0%
6,209 −7,398 −54.4% Reduced
IWO ISHARES RUSSELL 2000 GROWTH
$391K
0.0%
1,528 +1,528 New
MANH MANHATTAN ASSOCIATES INC
$385K
0.0%
2,226 +2,226 New
FIX COMFORT SYSTEMS USA INC
$376K
0.0%
1,166 +1,166 New
WING WINGSTOP INC
$333K
0.0%
1,476 +1,476 New
PYPL PAYPAL HOLDINGS INC
$323K
0.0%
4,943 −2,498 −33.6% Reduced
IOO ISHARES GLOBAL 100 ETF
$306K
0.0%
2,474 −4,234 −63.1% Reduced
KARO KAROOOOO LTD
$293K
0.0%
6,899 −6,374 −48.0% Reduced
CLBT CELLEBRITE DI LTD
$289K
0.0%
14,849 +4,754 +47.1% Added

Sold positions

14 closed in Q1 2025 · shares & value as of prior filing
Holding Shares sold Prior value
UNILEVER PLC
244,122 $13.8M
YETI YETI HOLDINGS INC
98,057 $3.8M
ALRM ALARM.COM HOLDINGS INC
21,461 $1.3M
FOXF FOX FACTORY HOLDING CORP
41,273 $1.2M
BAH BOOZ ALLEN HAMILTON HOLDINGS
8,900 $1.1M
USHY ISHARES BROAD USD HIGH YIELD
26,300 $968K
ALGN ALIGN TECHNOLOGY INC
4,504 $939K
KB KB FINANCIAL GROUP INC-ADR
14,529 $827K
ETSY ETSY INC
15,037 $795K
CRL CHARLES RIVER LABORATORIES
4,248 $784K
CALY CALLAWAY GOLF COMPANY
83,466 $656K
CPA COPA HOLDINGS SA-CLASS A
7,293 $641K
KSPI JSC KASPI.KZ ADR
3,105 $294K
FERG FERGUSON ENTERPRISES INC
1,238 $215K

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.