David M. Polen - Polen Capital Management 13F Activity & Position Changes (Q4 2022)

According to the SEC 13F filed on Feb 13, 2023, the Polen Capital Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2022. 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 Q4 2022, the filing reported:

New Buys - CCC Intelligent Solutions Holdi, Dlocal, Estee Lauder Companies, Inc. (T, FirstService Corporation, HDFC Bank Limited, and 5 more

Increases - iShares MSCI ACWI ETF, iShares MSCI ACWI ex U.S. ETF, Aspen Technology, Inc., Global X S&P 500 Catholic Value, Copart, Inc., and 13 more

Reductions - Airbnb, Inc., Abbott Laboratories, Accenture plc, Adobe Inc., Automatic Data Processing, Inc., and 56 more

Complete Exits - Intuitive Surgical, Inc., JPMorgan Ultra-Short Municipal

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
Q4 2022	ABNB Airbnb, Inc.	Airbnb, Inc.	Sell	-857,111	-6.8%	$1.01B	11,828,267
Q4 2022	ABT Abbott Laboratories	Abbott Laboratories	Sell	-1,070,770	-6.8%	$1.60B	14,618,742
Q4 2022	ACN Accenture plc	Accenture plc	Sell	-341,372	-5.9%	$1.46B	5,457,887
Q4 2022	ACWI iShares MSCI ACWI ETF	iShares MSCI ACWI ETF	Buy	+111,539	+33.7%	$37.57M	442,679
Q4 2022	ACWX iShares MSCI ACWI ex U.S. ETF	iShares MSCI ACWI ex U.S. ETF	Buy	+319,729	+299.7%	$19.40M	426,424
Q4 2022	ADBE Adobe Inc.	Adobe Inc.	Sell	-660,748	-9.5%	$2.11B	6,270,216
Q4 2022	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Sell	-12,614	-2.3%	$127.81M	535,082
Q4 2022	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell	-517,423	-6.1%	$1.48B	7,907,485
Q4 2022	ALGN Align Technology, Inc.	Align Technology, Inc.	Sell	-313,965	-15.8%	$353.06M	1,674,073
Q4 2022	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Sell	-23,272	-13.3%	$7.48M	151,177
Q4 2022	ALTR Altair Engineering Inc.	Altair Engineering Inc.	Sell	-21,473	-15.8%	$5.21M	114,665
Q4 2022	AMN AMN Healthcare Services Inc	AMN Healthcare Services Inc	Sell	-34,618	-49.3%	$3.67M	35,647
Q4 2022	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-2,089,456	-5.6%	$2.95B	35,148,401
Q4 2022	AON Aon Plc	Aon Plc	Sell	-66,219	-6.2%	$299.65M	998,370
Q4 2022	APPF AppFolio, Inc.	AppFolio, Inc.	Sell	-10,270	-14.8%	$6.23M	59,086
Q4 2022	ASML ASML	ASML	Sell	-7,885	-10.3%	$37.56M	68,745
Q4 2022	AZPN Aspen Technology, Inc.	Aspen Technology, Inc.	Buy	+279	+3.4%	$1.76M	8,549
Q4 2022	AZTA Azenta, Inc.	Azenta, Inc.	Sell	-18,239	-15.3%	$5.88M	100,954
Q4 2022	BL BlackLine, Inc.	BlackLine, Inc.	Sell	-23,132	-15.8%	$8.28M	123,090
Q4 2022	BMBL Bumble Inc.	Bumble Inc.	Sell	-8,998	-2.8%	$6.54M	310,453
Q4 2022	CATH Global X S&P 500 Catholic Value	Global X S&P 500 Catholic Value	Buy	+114,872	+93.9%	$11.04M	237,214
Q4 2022	CCCS CCC Intelligent Solutions Holdi	CCC Intelligent Solutions Holdi	Buy - Position Entry	+208,827	-	$1.82M	208,827
Q4 2022	CPRT Copart, Inc.	Copart, Inc.	Buy	+19,563	+107.2%	$2.30M	37,814
Q4 2022	CRL Charles River Laboratories Inte	Charles River Laboratories Inte	Buy	+1,038	+22.3%	$1.24M	5,688
Q4 2022	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-577,251	-5.2%	$1.39B	10,480,436
Q4 2022	DAVA Endava plc	Endava plc	Sell	-14,619	-11.7%	$8.41M	109,978
Q4 2022	DLO Dlocal	Dlocal	Buy - Position Entry	+41,660	-	$648.65K	41,660
Q4 2022	DOCS Doximity, Inc.	Doximity, Inc.	Sell	-4,874	-2.3%	$6.95M	206,979
Q4 2022	DOCU DocuSign, Inc.	DocuSign, Inc.	Sell	-437,088	-5.1%	$455.00M	8,209,972
Q4 2022	DT Dynatrace, Inc.	Dynatrace, Inc.	Sell	-10,150	-6.6%	$5.48M	143,102

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