David M. Polen - Polen Capital Management 13F Activity & Position Changes (Q1 2018)

As of Mar 31, 2018, the Polen Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2018, the filing reported:

New Buys - Booking Holdings Inc. Common St, Euronet Worldwide, Inc., EPAM Systems, Inc., Five Below, Inc., LeMaitre Vascular, Inc., and 1 more

Increases - Accenture plc, Adobe Inc., Automatic Data Processing, Inc., Align Technology, Inc., Alarm.com Holdings, Inc., and 37 more

Reductions - iShares Russell 1000 Growth ETF, Meta Platforms, Inc.

Complete Exits - Apple Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2018	AAPL Apple Inc.	Apple Inc.	Sell - Position Exit	-11,214	-100.0%	$0.00	-
Q1 2018	ACN Accenture plc	Accenture plc	Buy	+108,730	+2.2%	$774.99K	5,048,799
Q1 2018	ADBE Adobe Inc.	Adobe Inc.	Buy	+99,181	+1.6%	$1.40M	6,461,486
Q1 2018	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Buy	+146,493	+2.1%	$801.45K	7,062,453
Q1 2018	ALGN Align Technology, Inc.	Align Technology, Inc.	Buy	+46,871	+1.8%	$670.11K	2,668,377
Q1 2018	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Buy	+2,526	+42.2%	$322.00	8,515
Q1 2018	AMN AMN Healthcare Services Inc	AMN Healthcare Services Inc	Buy	+1,922	+42.4%	$367.00	6,459
Q1 2018	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+10,211	+26.2%	$9.03K	49,202
Q1 2018	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+4,942	+31.1%	$4.65K	20,853
Q1 2018	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy - Position Entry	+228,019	-	$474.37K	228,019
Q1 2018	BLKB Blackbaud, Inc.	Blackbaud, Inc.	Buy	+1,650	+42.5%	$563.00	5,530
Q1 2018	CHKP Check Point	Check Point	Buy	+11,040	+26.2%	$5.28K	53,154
Q1 2018	DG Dollar General Corporation	Dollar General Corporation	Buy	+1,779,432	+35.7%	$632.11K	6,756,945
Q1 2018	EEFT Euronet Worldwide, Inc.	Euronet Worldwide, Inc.	Buy - Position Entry	+3,138	-	$248.00	3,138
Q1 2018	EPAM EPAM Systems, Inc.	EPAM Systems, Inc.	Buy - Position Entry	+2,201	-	$252.00	2,201
Q1 2018	EXLS ExlService Holdings, Inc.	ExlService Holdings, Inc.	Buy	+1,551	+42.4%	$291.00	5,209
Q1 2018	FIVE Five Below, Inc.	Five Below, Inc.	Buy - Position Entry	+3,878	-	$284.00	3,878
Q1 2018	FOXF Fox Factory Holding Corp.	Fox Factory Holding Corp.	Buy	+3,919	+42.6%	$458.00	13,121
Q1 2018	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+21,615	+2.2%	$1.02M	990,728
Q1 2018	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+1,541	+0.5%	$355.28K	342,555
Q1 2018	HCSG Healthcare Services Group, Inc.	Healthcare Services Group, Inc.	Buy	+2,766	+42.6%	$403.00	9,265
Q1 2018	ICLR ICON	ICON	Buy	+14,134	+30.9%	$7.08K	59,927
Q1 2018	IT Gartner, Inc.	Gartner, Inc.	Buy	+1,261,318	+30.5%	$634.39K	5,393,527
Q1 2018	IWF iShares Russell 1000 Growth ETF	iShares Russell 1000 Growth ETF	Sell	-57,375	-57.3%	$5.82K	42,770
Q1 2018	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Buy	+663	+42.4%	$463.00	2,225
Q1 2018	LMAT LeMaitre Vascular, Inc.	LeMaitre Vascular, Inc.	Buy - Position Entry	+7,908	-	$287.00	7,908
Q1 2018	LOPE Grand Canyon Education, Inc.	Grand Canyon Education, Inc.	Buy	+1,298	+42.5%	$457.00	4,355
Q1 2018	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+29,538	+1.3%	$416.37K	2,377,053
Q1 2018	MASI Masimo Corporation	Masimo Corporation	Buy - Position Entry	+3,168	-	$279.00	3,168
Q1 2018	MDT Medtronic	Medtronic	Buy	+28,460	+127.2%	$4.08K	50,827

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