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

As of Dec 31, 2023, the Polen Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 13, 2024. 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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