David M. Polen - Polen Capital Management 13F Activity & Position Changes (Q4 2024)

As of Dec 31, 2024, the Polen Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 10, 2025. 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 2024, the filing reported:

New Buys - Belden Inc, Bentley Systems, Incorporated, Colliers International Group In, CoStar Group, Inc., Entegris, Inc., and 9 more

Increases - iShares MSCI ACWI ETF, iShares MSCI ACWI ex U.S. ETF, Applied Industrial Technologies, Booz Allen Hamilton Holding Cor, TopBuild Corp., and 23 more

Reductions - AAON, Inc., Apple Inc., Airbnb, Inc., Abbott Laboratories, Accenture plc, and 75 more

Complete Exits - Aspen Technology, Inc., SPDR Bloomberg 1-3 Month T-Bill, Endava plc, Euronet Worldwide, Inc., Five Below, Inc., and 4 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 2024	AAON AAON, Inc.	AAON, Inc.	Sell	-1,371	-4.2%	$3.71M	31,557
Q4 2024	AAPL Apple Inc.	Apple Inc.	Sell	-566,630	-8.4%	$1.54B	6,169,513
Q4 2024	ABNB Airbnb, Inc.	Airbnb, Inc.	Sell	-965,670	-10.5%	$1.08B	8,216,914
Q4 2024	ABT Abbott Laboratories	Abbott Laboratories	Sell	-1,249,247	-9.0%	$1.44B	12,688,363
Q4 2024	ACN Accenture plc	Accenture plc	Sell	-375,536	-9.6%	$1.24B	3,526,610
Q4 2024	ACWI iShares MSCI ACWI ETF	iShares MSCI ACWI ETF	Buy	+226,679	+248.8%	$37.34M	317,801
Q4 2024	ACWX iShares MSCI ACWI ex U.S. ETF	iShares MSCI ACWI ex U.S. ETF	Buy	+340,791	+863.2%	$19.83M	380,271
Q4 2024	ADBE Adobe Inc.	Adobe Inc.	Sell	-296,054	-8.9%	$1.34B	3,015,574
Q4 2024	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Sell	-18,403	-9.3%	$52.62M	179,749
Q4 2024	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell	-2,065	-28.5%	$1.53M	5,174
Q4 2024	AIT Applied Industrial Technologies	Applied Industrial Technologies	Buy	+2,352	+14.5%	$4.44M	18,556
Q4 2024	ALGN Align Technology, Inc.	Align Technology, Inc.	Sell	-5,711	-55.9%	$939.06K	4,504
Q4 2024	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Sell	-96,863	-81.9%	$1.30M	21,461
Q4 2024	AMN AMN Healthcare Services Inc	AMN Healthcare Services Inc	Sell	-6,670	-14.9%	$912.36K	38,142
Q4 2024	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-6,198,245	-24.1%	$4.29B	19,546,612
Q4 2024	AON Aon Plc	Aon Plc	Sell	-62,167	-8.0%	$258.35M	719,322
Q4 2024	ASML ASML	ASML	Sell	-5,142	-7.6%	$43.07M	62,141
Q4 2024	AZPN Aspen Technology, Inc.	Aspen Technology, Inc.	Sell - Position Exit	-7,483	-100.0%	$0.00	-
Q4 2024	BAH Booz Allen Hamilton Holding Cor	Booz Allen Hamilton Holding Cor	Buy	+4,178	+88.5%	$1.15M	8,900
Q4 2024	BDC Belden Inc	Belden Inc	Buy - Position Entry	+24,182	-	$2.72M	24,182
Q4 2024	BIL SPDR Bloomberg 1-3 Month T-Bill	SPDR Bloomberg 1-3 Month T-Bill	Sell - Position Exit	-5,072	-100.0%	$0.00	-
Q4 2024	BL BlackLine, Inc.	BlackLine, Inc.	Sell	-6,506	-9.4%	$3.82M	62,791
Q4 2024	BLD TopBuild Corp.	TopBuild Corp.	Buy	+1,145	+28.1%	$1.63M	5,220
Q4 2024	BROS Dutch Bros Inc.	Dutch Bros Inc.	Buy	+60,782	+137.4%	$5.50M	105,023
Q4 2024	BSY Bentley Systems, Incorporated	Bentley Systems, Incorporated	Buy - Position Entry	+21,407	-	$999.71K	21,407
Q4 2024	BWMN Bowman Consulting Group Ltd.	Bowman Consulting Group Ltd.	Sell	-2,218	-5.4%	$972.24K	38,968
Q4 2024	CATH Global X S&P 500 Catholic Value	Global X S&P 500 Catholic Value	Sell	-7,125	-13.0%	$3.37M	47,625
Q4 2024	CCCS CCC Intelligent Solutions Holdi	CCC Intelligent Solutions Holdi	Sell	-33,886	-4.3%	$8.94M	762,304
Q4 2024	CIGI Colliers International Group In	Colliers International Group In	Buy - Position Entry	+8,226	-	$1.12M	8,226
Q4 2024	CNM Core & Main, Inc.	Core & Main, Inc.	Sell	-11,670	-7.9%	$6.91M	135,737

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