David M. Polen - Polen Capital Management 13F Activity & Position Changes (Q3 2014)

According to the SEC 13F filed on Aug 04, 2026, the Polen Capital Management portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2014. 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 Q3 2014, the filing reported:

New Buys - O'Reilly Automotive, Inc.

Increases - iShares Russell 1000 Growth ETF, Regeneron Pharmaceuticals, Inc., TJX Companies, Inc. (The)

Reductions - Apple Inc., Abbott Laboratories, Accenture plc, Automatic Data Processing, Inc., Fastenal Company, and 9 more

Complete Exits - QUALCOMM Incorporated, SAP SE, T. Rowe Price Group, 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
Q3 2014	AAPL Apple Inc.	Apple Inc.	Sell	-72,627	-3.4%	$206.27K	2,047,325
Q3 2014	ABT Abbott Laboratories	Abbott Laboratories	Sell	-207,572	-2.9%	$291.21K	7,001,825
Q3 2014	ACN Accenture plc	Accenture plc	Sell	-82,033	-3.0%	$213.73K	2,628,270
Q3 2014	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Sell	-70,611	-3.0%	$189.09K	2,276,034
Q3 2014	FAST Fastenal Company	Fastenal Company	Sell	-92,694	-3.2%	$127.25K	2,833,974
Q3 2014	FDS FactSet Research Systems Inc.	FactSet Research Systems Inc.	Sell	-40,165	-3.1%	$151.98K	1,250,546
Q3 2014	GWW W.W. Grainger, Inc.	W.W. Grainger, Inc.	Sell	-19,953	-3.2%	$152.21K	604,852
Q3 2014	IT Gartner, Inc.	Gartner, Inc.	Sell	-66,274	-2.9%	$160.65K	2,186,536
Q3 2014	IWF iShares Russell 1000 Growth ETF	iShares Russell 1000 Growth ETF	Buy	+2,185	+16.1%	$1.44K	15,742
Q3 2014	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-38,527	-3.1%	$88.76K	1,200,728
Q3 2014	NKE Nike, Inc.	Nike, Inc.	Sell	-105,485	-3.0%	$301.97K	3,385,336
Q3 2014	NSRGY Nestle S.A.	Nestle S.A.	Sell	-84,710	-3.3%	$185.56K	2,520,198
Q3 2014	ORCL Oracle Corporation	Oracle Corporation	Sell	-231,919	-3.2%	$267.36K	6,984,325
Q3 2014	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Buy - Position Entry	+887,854	-	$133.50K	887,854
Q3 2014	QCOM QUALCOMM Incorporated	QUALCOMM Incorporated	Sell - Position Exit	-3,909,900	-100.0%	$0.00	-
Q3 2014	REGN Regeneron Pharmaceuticals, Inc.	Regeneron Pharmaceuticals, Inc.	Buy	+343,312	+164.6%	$198.97K	551,902
Q3 2014	SAP SAP SE	SAP SE	Sell - Position Exit	-5,150	-100.0%	$0.00	-
Q3 2014	SBUX Starbucks Corporation	Starbucks Corporation	Sell	-98,466	-3.1%	$233.55K	3,094,987
Q3 2014	TJX TJX Companies, Inc. (The)	TJX Companies, Inc. (The)	Buy	+903,997	+30.3%	$229.88K	3,885,129
Q3 2014	TROW T. Rowe Price Group, Inc.	T. Rowe Price Group, Inc.	Sell - Position Exit	-2,243,095	-100.0%	$0.00	-
Q3 2014	V Visa Inc.	Visa Inc.	Sell	-46,433	-3.1%	$305.67K	1,432,587