David M. Polen - Polen Capital Management 13F Activity & Position Changes (Q3 2017)

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, 2017. 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 2017, the filing reported:

New Buys - Fox Factory Holding Corp., Microsoft Corporation, Ollie's Bargain Outlet Holdings, Pool Corporation, SAP SE

Increases - Apple Inc., Accenture plc, Adobe Inc., Automatic Data Processing, Inc., Alibaba Group Holding Limited, and 14 more

Reductions - Align Technology, Inc., Alphabet Inc., iShares Russell 1000 Growth ETF, Regeneron Pharmaceuticals, Inc., TJX Companies, Inc. (The), and 1 more

Complete Exits - Fastenal Company

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 2017	AAPL Apple Inc.	Apple Inc.	Buy	+516	+5.2%	$1.61K	10,439
Q3 2017	ACN Accenture plc	Accenture plc	Buy	+124,266	+2.6%	$658.20K	4,873,017
Q3 2017	ADBE Adobe Inc.	Adobe Inc.	Buy	+226,286	+3.7%	$938.17K	6,288,816
Q3 2017	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Buy	+152,027	+2.3%	$744.90K	6,813,929
Q3 2017	ALGN Align Technology, Inc.	Align Technology, Inc.	Sell	-297,394	-8.8%	$570.95K	3,065,176
Q3 2017	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+10,301	+58.6%	$4.82K	27,883
Q3 2017	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+5,102	+245.8%	$1.78K	7,178
Q3 2017	CHKP Check Point	Check Point	Buy	+10,908	+56.7%	$3.44K	30,148
Q3 2017	DG Dollar General Corporation	Dollar General Corporation	Buy	+154,938	+3.2%	$400.04K	4,935,680
Q3 2017	FAST Fastenal Company	Fastenal Company	Sell - Position Exit	-26,400	-100.0%	$0.00	-
Q3 2017	FOXF Fox Factory Holding Corp.	Fox Factory Holding Corp.	Buy - Position Entry	+5,216	-	$225.00	5,216
Q3 2017	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+28,888	+3.1%	$916.54K	955,618
Q3 2017	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-97,981	-22.1%	$335.56K	344,614
Q3 2017	ICLR ICON	ICON	Buy	+18,583	+246.5%	$2.98K	26,122
Q3 2017	IT Gartner, Inc.	Gartner, Inc.	Buy	+99,243	+2.5%	$506.62K	4,072,192
Q3 2017	IWF iShares Russell 1000 Growth ETF	iShares Russell 1000 Growth ETF	Sell	-206,533	-87.4%	$3.72K	29,765
Q3 2017	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+40,712	+1.8%	$327.60K	2,320,131
Q3 2017	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+134,590	+2.3%	$1.01M	5,940,032
Q3 2017	MSFT Microsoft Corporation	Microsoft Corporation	Buy - Position Entry	+7,081,215	-	$527.48K	7,081,215
Q3 2017	NKE Nike, Inc.	Nike, Inc.	Buy	+427,845	+3.5%	$652.61K	12,586,480
Q3 2017	NVO Novo Nordisk A/S	Novo Nordisk A/S	Buy	+872	+5.2%	$844.00	17,525
Q3 2017	OLLI Ollie's Bargain Outlet Holdings	Ollie's Bargain Outlet Holdings	Buy - Position Entry	+4,667	-	$217.00	4,667
Q3 2017	ORCL Oracle Corporation	Oracle Corporation	Buy	+2,737,445	+21.7%	$742.54K	15,357,706
Q3 2017	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Buy	+607,076	+29.4%	$575.58K	2,672,521
Q3 2017	POOL Pool Corporation	Pool Corporation	Buy - Position Entry	+1,913	-	$207.00	1,913
Q3 2017	REGN Regeneron Pharmaceuticals, Inc.	Regeneron Pharmaceuticals, Inc.	Sell	-212,706	-13.4%	$614.17K	1,373,614
Q3 2017	SAP SAP SE	SAP SE	Buy - Position Entry	+21,213	-	$2.33K	21,213
Q3 2017	SBUX Starbucks Corporation	Starbucks Corporation	Buy	+413,505	+3.6%	$631.02K	11,748,596
Q3 2017	TJX TJX Companies, Inc. (The)	TJX Companies, Inc. (The)	Sell	-214,708	-98.3%	$269.00	3,645
Q3 2017	UL Unilever PLC	Unilever PLC	Buy	+34,236	+323.7%	$2.60K	44,813

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