David M. Polen - Polen Capital Management 13F Activity & Position Changes (Q3 2016)

As of Sep 30, 2016, 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 Q3 2016, the filing reported:

New Buys - Dollar General Corporation

Increases - Apple Inc., Accenture plc, Adobe Inc., Automatic Data Processing, Inc., Align Technology, Inc., and 17 more

Reductions - Fastenal Company, Alphabet Inc.

Complete Exits - None reported

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 2016	AAPL Apple Inc.	Apple Inc.	Buy	+81,414	+2.8%	$337.18K	2,982,582
Q3 2016	ACN Accenture plc	Accenture plc	Buy	+99,988	+2.7%	$462.75K	3,787,777
Q3 2016	ADBE Adobe Inc.	Adobe Inc.	Buy	+124,739	+3.2%	$430.25K	3,964,016
Q3 2016	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Buy	+145,027	+3.3%	$397.60K	4,507,960
Q3 2016	ALGN Align Technology, Inc.	Align Technology, Inc.	Buy	+71,219	+4.3%	$163.25K	1,741,340
Q3 2016	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+1,557	+15.6%	$1.22K	11,535
Q3 2016	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+670	+15.4%	$913.00	5,013
Q3 2016	CHKP Check Point	Check Point	Buy	+1,749	+15.9%	$991.00	12,775
Q3 2016	DG Dollar General Corporation	Dollar General Corporation	Buy - Position Entry	+1,773,731	-	$124.14K	1,773,731
Q3 2016	FAST Fastenal Company	Fastenal Company	Sell	-7,139,952	-99.7%	$981.00	23,480
Q3 2016	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+66,382	+9.8%	$575.49K	740,384
Q3 2016	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-28,838	-5.9%	$368.17K	457,885
Q3 2016	IT Gartner, Inc.	Gartner, Inc.	Buy	+97,788	+3.2%	$280.97K	3,176,639
Q3 2016	IWF iShares Russell 1000 Growth ETF	iShares Russell 1000 Growth ETF	Buy	+1,018	+0.9%	$12.47K	119,716
Q3 2016	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+53,722	+3.1%	$180.93K	1,777,872
Q3 2016	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+171,073	+3.8%	$592.97K	4,622,813
Q3 2016	NKE Nike, Inc.	Nike, Inc.	Buy	+304,790	+3.2%	$518.26K	9,843,582
Q3 2016	NSRGY Nestle S.A.	Nestle S.A.	Buy	+166,939	+3.5%	$388.35K	4,917,942
Q3 2016	NVO Novo Nordisk A/S	Novo Nordisk A/S	Buy	+1,886	+15.5%	$584.00	14,050
Q3 2016	ORCL Oracle Corporation	Oracle Corporation	Buy	+333,917	+3.4%	$398.04K	10,133,372
Q3 2016	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Buy	+40,283	+3.2%	$363.50K	1,297,688
Q3 2016	REGN Regeneron Pharmaceuticals, Inc.	Regeneron Pharmaceuticals, Inc.	Buy	+23,431	+3.0%	$326.16K	811,301
Q3 2016	SBUX Starbucks Corporation	Starbucks Corporation	Buy	+279,182	+3.2%	$488.47K	9,022,392
Q3 2016	TJX TJX Companies, Inc. (The)	TJX Companies, Inc. (The)	Buy	+169,836	+3.0%	$429.86K	5,748,367
Q3 2016	V Visa Inc.	Visa Inc.	Buy	+250,389	+3.1%	$688.13K	8,320,846