David M. Polen - Polen Capital Management 13F Activity & Position Changes (Q3 2020)

According to the SEC 13F filed on Nov 12, 2020, the Polen Capital Management portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2020. 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 2020, the filing reported:

New Buys - Aon Plc, Estee Lauder Companies, Inc. (T, Goosehead Insurance, Inc., Illumina, Inc., Intuitive Surgical, Inc., and 2 more

Increases - Abbott Laboratories, Accenture plc, Adobe Inc., Autodesk, Inc., Alarm.com Holdings, Inc., and 44 more

Reductions - Automatic Data Processing, Inc., Align Technology, Inc., iShares Russell 1000 Growth ETF, MSCI Inc., Microsoft Corporation, and 3 more

Complete Exits - iShares MSCI ACWI ex U.S. ETF, EPAM Systems, Inc., Five Below, Inc., LeMaitre Vascular, Inc., Texas Roadhouse, 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 2020	ABT Abbott Laboratories	Abbott Laboratories	Buy	+692,903	+3.7%	$2.11M	19,404,698
Q3 2020	ACN Accenture plc	Accenture plc	Buy	+314,801	+4.3%	$1.72M	7,601,083
Q3 2020	ACWX iShares MSCI ACWI ex U.S. ETF	iShares MSCI ACWI ex U.S. ETF	Sell - Position Exit	-5,231	-100.0%	$0.00	-
Q3 2020	ADBE Adobe Inc.	Adobe Inc.	Buy	+152,870	+2.7%	$2.81M	5,724,906
Q3 2020	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Sell	-5,676,463	-93.2%	$57.91K	415,192
Q3 2020	ADSK Autodesk, Inc.	Autodesk, Inc.	Buy	+268,645	+4.4%	$1.46M	6,315,238
Q3 2020	ALGN Align Technology, Inc.	Align Technology, Inc.	Sell	-660,578	-20.3%	$850.42K	2,597,811
Q3 2020	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Buy	+18,323	+24.7%	$5.12K	92,629
Q3 2020	ALTR Altair Engineering Inc.	Altair Engineering Inc.	Buy	+10,064	+18.7%	$2.68K	63,809
Q3 2020	AMN AMN Healthcare Services Inc	AMN Healthcare Services Inc	Buy	+9,594	+18.7%	$3.56K	60,847
Q3 2020	AON Aon Plc	Aon Plc	Buy - Position Entry	+327,757	-	$67.62K	327,757
Q3 2020	APPF AppFolio, Inc.	AppFolio, Inc.	Buy	+8,294	+19.3%	$7.26K	51,199
Q3 2020	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+235,113	+32.4%	$282.46K	960,828
Q3 2020	BL BlackLine, Inc.	BlackLine, Inc.	Buy	+30,615	+89.4%	$5.81K	64,848
Q3 2020	BLKB Blackbaud, Inc.	Blackbaud, Inc.	Buy	+8,220	+18.6%	$2.93K	52,431
Q3 2020	CHKP Check Point	Check Point	Buy	+86,730	+41.6%	$35.50K	295,007
Q3 2020	CRM Salesforce, Inc.	Salesforce, Inc.	Buy	+42,734	+0.6%	$1.70M	6,757,081
Q3 2020	DG Dollar General Corporation	Dollar General Corporation	Buy	+121,552	+2.2%	$1.18M	5,651,553
Q3 2020	EEFT Euronet Worldwide, Inc.	Euronet Worldwide, Inc.	Buy	+8,450	+24.9%	$3.87K	42,432
Q3 2020	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Buy - Position Entry	+168,680	-	$36.81K	168,680
Q3 2020	ENV Envestnet, Inc	Envestnet, Inc	Buy	+11,678	+26.4%	$4.31K	55,872
Q3 2020	EPAM EPAM Systems, Inc.	EPAM Systems, Inc.	Sell - Position Exit	-13,089	-100.0%	$0.00	-
Q3 2020	ETSY Etsy, Inc.	Etsy, Inc.	Buy	+11,285	+19.5%	$8.43K	69,267
Q3 2020	EXPO Exponent, Inc.	Exponent, Inc.	Buy	+13,627	+19.0%	$6.14K	85,211
Q3 2020	FIVE Five Below, Inc.	Five Below, Inc.	Sell - Position Exit	-22,763	-100.0%	$0.00	-
Q3 2020	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Buy	+11,606	+18.6%	$5.53K	73,879
Q3 2020	FOXF Fox Factory Holding Corp.	Fox Factory Holding Corp.	Buy	+12,762	+19.2%	$5.89K	79,307
Q3 2020	G4388N106 Helen of Troy	Helen of Troy	Buy	+4,352	+19.4%	$5.17K	26,729
Q3 2020	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+59,515	+3.7%	$2.48M	1,685,973
Q3 2020	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+9,559	+2.2%	$663.07K	452,421

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