Polen Capital Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Polen Capital Management LLC reported 219 stock positions worth $11.6 billion. Its top holding was Eli Lilly (LLY) at 6.9% of the portfolio, followed by Nvidia (NVDA, 6.9%) and Microsoft (MSFT, 6.7%). Compared with Q1 2026, it opened 68 new positions, sold out of 70, added to 60 and reduced 91. The biggest buy was a new position in General Electric (GE) and the biggest sale Zoetis (ZTS, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- Boca Raton, FL
- CIK
- 0001034524
- Portfolio Value
- $11.6B (Q2 2026)
- SEC Filing
- 0001172661-26-003035 ↗ filed Aug 4, 2026
Holdings Value
Holdings 219 stocks · $11.6B
| LLY Eli Lilly & Co. | 6.89% | 666,912 | $799.9M | Reduce -27.1% |
| NVDA Nvidia Corp. | 6.86% | 3,978,446 | $796.0M | Reduce -3.1% |
| MSFT Microsoft Corp. | 6.74% | 2,098,613 | $782.8M | Reduce -26.3% |
| GOOG Alphabet Inc. Class C | 6.59% | 2,165,218 | $765.0M | Reduce -26.5% |
| AVGO Broadcom Inc. | 6.38% | 1,960,209 | $740.5M | Reduce -27.3% |
| AMZN Amazon.com Inc. | 5.77% | 2,809,953 | $669.7M | Reduce -27.9% |
| V Visa Inc. Class A | 5.34% | 1,805,617 | $619.5M | Reduce -26.2% |
| MA Mastercard Inc. Class A | 5.05% | 1,141,958 | $586.5M | Reduce -25.9% |
| NOW ServiceNow Inc. | 4.59% | 5,370,172 | $533.2M | Reduce -26.1% |
| ORCL Oracle Corp. | 4.51% | 3,574,259 | $523.8M | Reduce -28.9% |
| SHOP Shopify Inc. Class A | 4.50% | 4,577,524 | $522.7M | Reduce -27.4% |
| MSCI MSCI Inc. | 3.24% | 671,797 | $376.2M | Reduce -27.7% |
| LRCX Lam Research Corp. | 3.21% | 859,036 | $372.2M | Reduce -18.5% |
| SBUX Starbucks Corp. | 3.13% | 3,550,773 | $362.9M | Reduce -29.8% |
| IDXX Idexx Laboratories Inc. | 2.41% | 532,384 | $280.3M | Reduce -23.5% |
| GE General Electric filed as GE AEROSPACE | 2.22% | 690,493 | $258.1M | New |
| CSGP Costar Group Inc. | 2.14% | 8,759,314 | $248.1M | Reduce -30.3% |
| TSM Taiwan Semiconductor-SP ADR | 2.06% | 501,210 | $239.4M | Add +186.9% |
| ABNB Airbnb Inc. Class A | 2.03% | 1,649,884 | $236.1M | Reduce -27.4% |
| GEV GE Vernova Inc. | 1.99% | 196,612 | $231.0M | New |
| META Meta Platforms Inc. Class A | 1.60% | 329,573 | $185.6M | Reduce -30.9% |
| ISRG Intuitive Surgical Inc. | 1.53% | 447,944 | $178.1M | Reduce -26.2% |
| ATI Ati Inc. | 1.39% | 819,236 | $161.5M | New |
| HWM Howmet Aerospace Inc. | 1.06% | 457,124 | $122.9M | New |
| EME Emcor Group Inc. | 0.74% | 103,123 | $85.6M | New |
| IWF iShares Russell 1000 Growth | 0.66% | 613,639 | $76.2M | Reduce -62.3% |
| ROL Rollins Inc. | 0.57% | 1,590,903 | $66.4M | Reduce -26.9% |
| AON Aon PLC Class A | 0.47% | 164,035 | $54.4M | Reduce -87.9% |
| MELI MercadoLibre Inc. | 0.38% | 25,926 | $44.0M | Reduce -24.8% |
| UBER Uber Technologies Inc. | 0.35% | 570,063 | $41.1M | Reduce -80.5% |
| SPOT Spotify Technology SA | 0.32% | 81,578 | $37.5M | Reduce -24.1% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.26% | 15,427 | $30.7M | Reduce -4.0% |
| ZTS Zoetis Inc. | 0.20% | 320,420 | $23.0M | Reduce -92.4% |
| ACN Accenture PLC Class A | 0.16% | 152,800 | $19.0M | Reduce -88.7% |
| ACWI iShares MSCI Acwi ETF | 0.16% | 120,540 | $18.9M | Reduce -60.7% |
| SNPS Synopsys Inc. | 0.16% | 41,267 | $18.4M | Reduce -93.8% |
| DOCN Digitalocean Holdings Inc. | 0.14% | 101,350 | $15.9M | Add +5.3% |
| WULF Terawulf Inc. | 0.12% | 563,139 | $13.9M | Add +429.4% |
| CECO Ceco Environmental Corp. | 0.11% | 137,977 | $12.5M | Reduce -3.7% |
| BE Bloom Energy Corp. Class A | 0.11% | 40,838 | $12.4M | Reduce -39.3% |
| BELFB Bel Fuse Inc. Class B | 0.09% | 32,845 | $10.9M | Reduce -24.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.09% | 752,747 | $10.1M | Reduce -38.2% |
| GOOGL Alphabet Inc. Class A | 0.09% | 27,810 | $9.9M | Reduce -1.4% |
| LASR Nlight Inc. | 0.08% | 133,448 | $9.3M | Add +48.6% |
| FROG Jfrog Ltd. | 0.07% | 93,117 | $8.5M | Add +360.1% |
| POWL Powell Industries Inc. | 0.07% | 29,181 | $8.4M | Reduce -44.4% |
| AGX Argan Inc. | 0.07% | 10,214 | $8.2M | Reduce -43.2% |
| MOD Modine Manufacturing Co. | 0.07% | 29,335 | $7.8M | Add +1.0% |
| YOU Clear Secure Inc. Class A | 0.06% | 131,773 | $7.3M | Reduce -9.7% |
| BKD Brookdale Senior Living Inc. | 0.06% | 451,082 | $7.3M | Add +7.3% |
| BWXT BWX Technologies Inc. | 0.06% | 36,974 | $7.2M | Reduce -3.0% |
| CCJ Cameco Corp. | 0.06% | 68,968 | $7.0M | Add +241.3% |
| VSEC Vse Corp. | 0.06% | 29,853 | $6.8M | Reduce -29.0% |
| SPHR Sphere Entertainment Co. | 0.06% | 38,529 | $6.7M | Reduce -20.2% |
| SEI Solaris Energy Infrastructur | 0.06% | 80,324 | $6.5M | Reduce -4.0% |
| AMPX Amprius Technologies Inc. | 0.06% | 465,598 | $6.5M | Add +10.3% |
| AEHR Aehr Test Systems | 0.05% | 66,157 | $6.4M | Reduce -16.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.05% | 73,200 | $6.3M | Reduce -23.9% |
| DLO Dlocal Ltd. | 0.05% | 456,087 | $5.9M | Reduce -0.6% |
| REAL The Realreal Inc. filed as THE REALREAL INC | 0.05% | 496,556 | $5.9M | Add +123.8% |
| TWST Twist Bioscience Corp. | 0.05% | 55,310 | $5.7M | Add +130.1% |
| VICR Vicor Corp. | 0.05% | 14,924 | $5.7M | Add +7.4% |
| IESC Ies Holdings Inc. | 0.05% | 7,275 | $5.3M | Reduce -39.1% |
| GH Guardant Health Inc. | 0.04% | 34,372 | $5.2M | Reduce -1.0% |
| LPTH Lightpath Technologies Inc. Class A | 0.04% | 314,476 | $5.1M | Add +297.8% |
| PL Planet Labs PBC | 0.04% | 149,211 | $4.9M | Reduce -30.3% |
| VPG Vishay Precision Group | 0.04% | 32,744 | $4.9M | Add +35.0% |
| NFLX Netflix Inc. | 0.04% | 68,139 | $4.9M | Reduce -18.2% |
| RXT Rackspace Technology Inc. | 0.04% | 709,189 | $4.6M | New |
| FTK Flotek Industries Inc. | 0.04% | 195,504 | $4.6M | Add +607.3% |
| SAP Sap SE-Sponsored ADR | 0.04% | 28,773 | $4.4M | Reduce -56.9% |
| CRS Carpenter Technology | 0.04% | 6,756 | $4.2M | Reduce -45.6% |
| SITM Sitime Corp. | 0.04% | 5,555 | $4.1M | Reduce -21.8% |
| BFLY Butterfly Network Inc. | 0.03% | 480,502 | $4.0M | Add +18.3% |
| AXTI Axt Inc. | 0.03% | 52,707 | $3.8M | Add +6.8% |
| TSLA Tesla Inc. | 0.03% | 8,974 | $3.8M | Add +21.8% |
| APLD Applied Digital Corp. | 0.03% | 98,328 | $3.7M | New |
| VECO Veeco Instruments Inc. | 0.03% | 48,314 | $3.7M | Add +301.7% |
| BW Babcock & Wilcox Enterpr | 0.03% | 249,411 | $3.5M | Reduce -8.1% |
| AZN Astrazeneca PLC | 0.03% | 18,621 | $3.5M | Reduce -28.5% |
| TME Tencent Music Entertainm-ADR | 0.03% | 407,182 | $3.4M | Reduce -0.8% |
| AIR Aar Corp. | 0.03% | 23,561 | $3.4M | Add +45.4% |
| WTW Willis Towers Watson PLC | 0.03% | 12,833 | $3.4M | Reduce -33.8% |
| TSHA Taysha Gene Therapies Inc. | 0.03% | 489,219 | $3.3M | Add +53.0% |
| LIND Lindblad Expeditions Holding | 0.03% | 114,915 | $3.2M | Add +12.5% |
| ATRO Astronics Corp. | 0.03% | 39,379 | $3.2M | Reduce -7.2% |
| LFUS Littelfuse Inc. | 0.03% | 7,016 | $3.2M | Add +41.5% |
| ASTE Astec Industries Inc. | 0.03% | 52,160 | $3.2M | Add +26.7% |
| LTH Life Time Group Holdings Inc. | 0.03% | 76,705 | $3.1M | Add +89.5% |
| EVC Entravision Communications-A | 0.03% | 236,939 | $3.1M | New |
| TIGO Millicom Intl Cellular S.A. | 0.03% | 33,602 | $3.0M | Reduce -6.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.03% | 4,018 | $3.0M | Add +7.0% |
| JOBY Joby Aviation Inc. | 0.03% | 332,157 | $3.0M | Add +12.7% |
| CPA Copa Holdings SA Class A | 0.03% | 18,948 | $2.9M | New |
| CDNL Cardinal Infrastructure GR-A | 0.03% | 30,787 | $2.9M | New |
| SRRK Scholar Rock Holding Corp. | 0.02% | 52,132 | $2.9M | Add +0.3% |
| AAOI Applied Optoelectronics Inc. | 0.02% | 19,272 | $2.9M | Add +29.2% |
| PRLB Proto Labs Inc. | 0.02% | 35,011 | $2.9M | Reduce -6.9% |
| OPY Oppenheimer Holdings Class A | 0.02% | 26,834 | $2.8M | Reduce -0.5% |
| PLPC Preformed Line Products Co. | 0.02% | 6,875 | $2.8M | Reduce -6.3% |
Portfolio Sells Q1 2026 → Q2 2026
| ZTS Zoetis Inc. | Reduce -92.4% | 0.20% | −3.25 |
| AON Aon PLC Class A | Reduce -87.9% | 0.47% | −2.55 |
| ACN Accenture PLC Class A | Reduce -88.7% | 0.16% | −1.69 |
| SNPS Synopsys Inc. | Reduce -93.8% | 0.16% | −1.68 |
| CSGP Costar Group Inc. | Reduce -30.3% | 2.14% | −1.37 |
| UBER Uber Technologies Inc. | Reduce -80.5% | 0.35% | −1.10 |
| SHOP Shopify Inc. Class A | Reduce -27.4% | 4.50% | −0.67 |
| NOW ServiceNow Inc. | Reduce -26.1% | 4.59% | −0.67 |
| ORCL Oracle Corp. | Reduce -28.9% | 4.51% | −0.60 |
| MSFT Microsoft Corp. | Reduce -26.3% | 6.74% | −0.55 |
| IWF iShares Russell 1000 Growth | Reduce -62.3% | 0.66% | −0.54 |
| ISRG Intuitive Surgical Inc. | Reduce -26.2% | 1.53% | −0.40 |
| IDXX Idexx Laboratories Inc. | Reduce -23.5% | 2.41% | −0.29 |
| META Meta Platforms Inc. Class A | Reduce -30.9% | 1.60% | −0.29 |
| MA Mastercard Inc. Class A | Reduce -25.9% | 5.05% | −0.28 |
| BSX Boston Scientific Corp. | Reduce -99.2% | 0.00% | −0.25 |
| ROL Rollins Inc. | Reduce -26.9% | 0.57% | −0.23 |
| MSCI MSCI Inc. | Reduce -27.7% | 3.24% | −0.23 |
| ACWI iShares MSCI Acwi ETF | Reduce -60.7% | 0.16% | −0.13 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.06 |
| FSLY Fastly Inc. Class A | Sold out | 0.00% | −0.05 |
| SAP Sap SE-Sponsored ADR | Reduce -56.9% | 0.04% | −0.04 |
| SPOT Spotify Technology SA | Reduce -24.1% | 0.32% | −0.04 |
| MCHI iShares MSCI China ETF | Sold out | 0.00% | −0.04 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.04 |
| EWT iShares MSCI Taiwan ETF | Sold out | 0.00% | −0.04 |
| WGS Genedx Holdings Corp. | Sold out | 0.00% | −0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -38.2% | 0.09% | −0.03 |
| MELI MercadoLibre Inc. | Reduce -24.8% | 0.38% | −0.03 |
| PAYC Paycom Software Inc. | Sold out | 0.00% | −0.03 |
| FIGR Figure Technology Solut Class A | Sold out | 0.00% | −0.02 |
| KRMN Karman Holdings Inc. | Sold out | 0.00% | −0.02 |
| BBIO Bridgebio Pharma Inc. | Reduce -91.3% | 0.00% | −0.02 |
| CAAP Corp. America Airports SA | Sold out | 0.00% | −0.02 |
| W Wayfair Inc. Class A | Reduce -93.2% | 0.00% | −0.02 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −0.01 |
| IRMD Iradimed Corp. | Sold out | 0.00% | −0.01 |
| CELC Celcuity Inc. | Sold out | 0.00% | −0.01 |
| NFLX Netflix Inc. | Reduce -18.2% | 0.04% | −0.01 |
| METC Ramaco Resources Inc. Class A | Sold out | 0.00% | −0.01 |
| FIGS Figs Inc. Class A | Sold out | 0.00% | −0.01 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -67.7% | 0.01% | −0.01 |
| SHAK Shake Shack Inc. Class A | Sold out | 0.00% | −0.01 |
| IRS Irsa -SP ADR | Sold out | 0.00% | −0.01 |
| WTW Willis Towers Watson PLC | Reduce -33.8% | 0.03% | −0.01 |
| AX Axos Financial Inc. | Sold out | 0.00% | −0.01 |
| NUVL Nuvalent Inc. Class A | Sold out | 0.00% | −0.01 |
| DNLI Denali Therapeutics Inc. | Sold out | 0.00% | −0.01 |
| ESQ Esquire Financial Holdings I | Sold out | 0.00% | −0.01 |
| CRCL Circle Internet Group Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| GE General Electric | New | 2.22% | +2.22 |
| GEV GE Vernova Inc. | New | 1.99% | +1.99 |
| TSM Taiwan Semiconductor-SP ADR | Add +186.9% | 2.06% | +1.65 |
| ATI Ati Inc. | New | 1.39% | +1.39 |
| HWM Howmet Aerospace Inc. | New | 1.06% | +1.06 |
| EME Emcor Group Inc. | New | 0.74% | +0.74 |
| WULF Terawulf Inc. | Add +429.4% | 0.12% | +0.11 |
| DOCN Digitalocean Holdings Inc. | Add +5.3% | 0.14% | +0.08 |
| FROG Jfrog Ltd. | Add +360.1% | 0.07% | +0.07 |
| CCJ Cameco Corp. | Add +241.3% | 0.06% | +0.05 |
| LASR Nlight Inc. | Add +48.6% | 0.08% | +0.04 |
| TWST Twist Bioscience Corp. | Add +130.1% | 0.05% | +0.04 |
| RXT Rackspace Technology Inc. | New | 0.04% | +0.04 |
| LPTH Lightpath Technologies Inc. Class A | Add +297.8% | 0.04% | +0.04 |
| REAL The Realreal Inc. | Add +123.8% | 0.05% | +0.04 |
| FTK Flotek Industries Inc. | Add +607.3% | 0.04% | +0.04 |
| VPG Vishay Precision Group | Add +35.0% | 0.04% | +0.04 |
| VICR Vicor Corp. | Add +7.4% | 0.05% | +0.03 |
| APLD Applied Digital Corp. | New | 0.03% | +0.03 |
| VECO Veeco Instruments Inc. | Add +301.7% | 0.03% | +0.03 |
| EVC Entravision Communications-A | New | 0.03% | +0.03 |
| CPA Copa Holdings SA Class A | New | 0.03% | +0.03 |
| CDNL Cardinal Infrastructure GR-A | New | 0.03% | +0.03 |
| FPS Forgent Power Solutions Class A | New | 0.02% | +0.02 |
| MOD Modine Manufacturing Co. | Add +1.0% | 0.07% | +0.02 |
| DRTS Alpha Tau Medical Ltd. | New | 0.02% | +0.02 |
| BFLY Butterfly Network Inc. | Add +18.3% | 0.03% | +0.02 |
| BKD Brookdale Senior Living Inc. | Add +7.3% | 0.06% | +0.02 |
| FIVN FIVE9 Inc. | New | 0.02% | +0.02 |
| PURR Hyperliquid Strategies | Add +448.8% | 0.02% | +0.02 |
| KN Knowles Corp. | New | 0.02% | +0.02 |
| MEC Mayville Engineering Co. Inc. | New | 0.02% | +0.02 |
| LTH Life Time Group Holdings Inc. | Add +89.5% | 0.03% | +0.02 |
| TSHA Taysha Gene Therapies Inc. | Add +53.0% | 0.03% | +0.02 |
| NOVT Novanta Inc. | New | 0.02% | +0.02 |
| PENG Penguin Solutions Inc. | New | 0.02% | +0.02 |
| AKTS Aktis Oncology Inc. | New | 0.02% | +0.02 |
| BLLN Billiontoone Inc. Class A | New | 0.02% | +0.02 |
| PTCT PTC Therapeutics Inc. | New | 0.02% | +0.02 |
| CALY Callaway Golf Company | Add +107.3% | 0.02% | +0.02 |
| TVTX Travere Therapeutics Inc. | New | 0.02% | +0.02 |
| AIR Aar Corp. | Add +45.4% | 0.03% | +0.02 |
| AAOI Applied Optoelectronics Inc. | Add +29.2% | 0.02% | +0.02 |
| LFUS Littelfuse Inc. | Add +41.5% | 0.03% | +0.02 |
| WOLF Wolfspeed Inc. | New | 0.02% | +0.02 |
| LIND Lindblad Expeditions Holding | Add +12.5% | 0.03% | +0.02 |
| SMTC Semtech Corp. | Add +103.8% | 0.02% | +0.02 |
| ADEA Adeia Inc. | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | Add +21.8% | 0.03% | +0.01 |
| RNG Ringcentral Inc. Class A | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 219 | $11.6B | LLY, NVDA, MSFT, GOOG, AVGO |
| Q1 2026 | 221 | $14.5B | MSFT, GOOG, LLY, AVGO, AMZN |
| Q4 2025 | 231 | $23.4B | AMZN, MSFT, ORCL, LLY, GOOG |
| Q3 2025 | 232 | $30.8B | ORCL, MSFT, AMZN, SHOP, MA |
| Q2 2025 | 240 | $32.6B | AMZN, MSFT, ORCL, V, SHOP |
| Q1 2025 | 117 | $31.8B | AMZN, MSFT, V, ORCL, MA |
| Q4 2024 | 124 | $37.0B | AMZN, MSFT, GOOG, V, MA |
| Q3 2024Amended | 118 | $38.7B | AMZN, MSFT, GOOG, V, NOW |
| Q2 2024 | 110 | $39.9B | AMZN, MSFT, GOOG, V, NOW |
| Q1 2024 | 103 | $43.3B | AMZN, MSFT, GOOG, V, NFLX |