David M. Polen - Polen Capital Management 13F Activity & Position Changes (Q4 2023)

According to the SEC 13F filed on Feb 13, 2024, the Polen Capital Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2023. 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 2023, the filing reported:

New Buys - SPDR Bloomberg 1-3 Month T-Bill, Bowman Consulting Group Ltd., Core & Main, Inc., Generac Holdlings Inc., iShares Russell 2000 ETF, and 10 more

Increases - Abbott Laboratories, iShares MSCI ACWI ETF, iShares MSCI ACWI ex U.S. ETF, Automatic Data Processing, Inc., AMN Healthcare Services Inc, and 19 more

Reductions - Airbnb, Inc., Accenture plc, Adobe Inc., Autodesk, Inc., Align Technology, Inc., and 62 more

Complete Exits - DocuSign, Inc., Estee Lauder Companies, Inc. (T, Evertec, Inc., Fair Isaac Corporation, Markel Group Inc., and 1 more

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 2023	ABNB Airbnb, Inc.	Airbnb, Inc.	Sell	-509,196	-4.6%	$1.44B	10,561,868
Q4 2023	ABT Abbott Laboratories	Abbott Laboratories	Buy	+6,112	+0.0%	$1.48B	13,486,848
Q4 2023	ACN Accenture plc	Accenture plc	Sell	-189,329	-3.8%	$1.68B	4,800,627
Q4 2023	ACWI iShares MSCI ACWI ETF	iShares MSCI ACWI ETF	Buy	+47,303	+87.1%	$81.02M	101,590
Q4 2023	ACWX iShares MSCI ACWI ex U.S. ETF	iShares MSCI ACWI ex U.S. ETF	Buy	+142,362	+616.4%	$5.17M	165,456
Q4 2023	ADBE Adobe Inc.	Adobe Inc.	Sell	-169,066	-3.9%	$2.48B	4,154,987
Q4 2023	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Buy	+2,318	+0.5%	$117.25M	502,832
Q4 2023	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell	-227,957	-4.3%	$1.25B	5,121,819
Q4 2023	ALGN Align Technology, Inc.	Align Technology, Inc.	Sell	-276,053	-17.9%	$347.46M	1,268,118
Q4 2023	ALIT Alight, Inc.	Alight, Inc.	Sell	-163,469	-9.6%	$13.06M	1,530,608
Q4 2023	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Sell	-12,522	-8.9%	$8.33M	128,913
Q4 2023	AMN AMN Healthcare Services Inc	AMN Healthcare Services Inc	Buy	+12,796	+39.2%	$3.40M	45,416
Q4 2023	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-1,124,266	-3.0%	$5.51B	36,273,885
Q4 2023	AON Aon Plc	Aon Plc	Buy	+3,896	+0.5%	$238.52M	819,186
Q4 2023	APPF AppFolio, Inc.	AppFolio, Inc.	Sell	-7,577	-21.9%	$4.69M	27,075
Q4 2023	ASML ASML	ASML	Sell	-17,446	-26.7%	$36.16M	47,776
Q4 2023	ATHM Autohome Inc.	Autohome Inc.	Sell	-199,280	-44.0%	$7.12M	253,643
Q4 2023	AZPN Aspen Technology, Inc.	Aspen Technology, Inc.	Buy	+3,588	+47.7%	$2.45M	11,117
Q4 2023	BIL SPDR Bloomberg 1-3 Month T-Bill	SPDR Bloomberg 1-3 Month T-Bill	Buy - Position Entry	+606,590	-	$55.44M	606,590
Q4 2023	BL BlackLine, Inc.	BlackLine, Inc.	Sell	-4,795	-4.1%	$6.93M	111,004
Q4 2023	BMBL Bumble Inc.	Bumble Inc.	Buy	+87,100	+20.2%	$7.63M	517,630
Q4 2023	BWMN Bowman Consulting Group Ltd.	Bowman Consulting Group Ltd.	Buy - Position Entry	+56,575	-	$2.01M	56,575
Q4 2023	CATH Global X S&P 500 Catholic Value	Global X S&P 500 Catholic Value	Sell	-1,517	-22.0%	$350.53K	5,388
Q4 2023	CCCS CCC Intelligent Solutions Holdi	CCC Intelligent Solutions Holdi	Sell	-154,253	-21.1%	$6.58M	577,430
Q4 2023	CNM Core & Main, Inc.	Core & Main, Inc.	Buy - Position Entry	+187,140	-	$7.56M	187,140
Q4 2023	CRL Charles River Laboratories Inte	Charles River Laboratories Inte	Buy	+1,323	+26.4%	$1.50M	6,328
Q4 2023	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-385,014	-5.0%	$1.91B	7,275,372
Q4 2023	CWAN Clearwater Analytics Holdings,	Clearwater Analytics Holdings,	Sell	-13,710	-4.5%	$5.83M	290,890
Q4 2023	DAVA Endava plc	Endava plc	Sell	-32,929	-33.1%	$5.18M	66,498
Q4 2023	DLO Dlocal	Dlocal	Sell	-721,032	-37.5%	$21.27M	1,202,241

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