David M. Polen - Polen Capital Management 13F Portfolio Holdings (Q1 2026)
As of Mar 31, 2026, the Polen Capital Management portfolio holdings is valued at approximately $14,456,164,077.00 featuring 209 publicly traded holdings. This in-depth profile highlights the top investments led by MICROSOFT CORP (MSFT), ALPHABET INC (GOOG), ELI LILLY & CO (LLY), BROADCOM INC (AVGO), and others based on the company's latest SEC filings reported on May 14, 2026. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Polen Capital Management's stock portfolio spans 209 holdings across 12 sectors, with a total market value of $14,456,164,077.00. The Technology sector represents the largest allocation, while the top holdings account for nearly 56% of the total portfolio value. MICROSOFT CORP remains the single largest position at 7.3% of all equity investments.
Complete Holdings
Showing 100 of 209 holdings.
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| # | Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | Technology | 7.29% | 2,845,888 | -1,064,097 | -27.21% | $1,053,462,402.00 |
| 2 | ALPHABET INC | GOOG | Communication Services | 5.85% | 2,946,637 | -1,071,484 | -26.67% | $845,272,352.00 |
| 3 | ELI LILLY & CO | LLY | Healthcare | 5.82% | 914,557 | -331,533 | -26.61% | $841,181,778.00 |
| 4 | BROADCOM INC | AVGO | Technology | 5.78% | 2,697,567 | -834,070 | -23.62% | $834,924,015.00 |
| 5 | AMAZON COM INC | AMZN | Consumer Cyclical | 5.61% | 3,896,739 | -4,756,982 | -54.97% | $811,573,863.00 |
| 6 | MASTERCARD INCORPORATED | MA | Financial Services | 5.33% | 1,541,388 | -590,339 | -27.69% | $770,169,816.00 |
| 7 | SERVICENOW INC | NOW | Technology | 5.26% | 7,269,453 | +1,588,665 | +27.97% | $760,021,232.00 |
| 8 | SHOPIFY INC | SHOP | Technology | 5.17% | 6,306,740 | -895,132 | -12.43% | $748,105,429.00 |
| 9 | VISA INC | V | Financial Services | 5.11% | 2,445,760 | -929,582 | -27.54% | $739,206,345.00 |
| 10 | ORACLE CORP | ORCL | Technology | 5.11% | 5,024,257 | -2,161,239 | -30.08% | $739,118,451.00 |
| 11 | NVIDIA CORPORATION | NVDA | Technology | 4.95% | 4,104,247 | -1,223,865 | -22.97% | $715,780,775.00 |
| 12 | COSTAR GROUP INC | CSGP | Real Estate | 3.51% | 12,570,368 | +7,679,432 | +157.01% | $507,088,654.00 |
| 13 | MSCI INC | MSCI | Financial Services | 3.47% | 929,509 | -401,576 | -30.17% | $501,014,820.00 |
| 14 | ZOETIS INC | ZTS | Healthcare | 3.45% | 4,223,076 | -1,339,593 | -24.08% | $499,209,768.00 |
| 15 | STARBUCKS CORP | SBUX | Consumer Cyclical | 3.13% | 5,055,488 | -1,729,820 | -25.49% | $452,921,141.00 |
| 16 | AON PLC | AON | Financial Services | 3.02% | 1,354,053 | -492,241 | -26.66% | $437,061,344.00 |
| 17 | IDEXX LABS INC | IDXX | Healthcare | 2.70% | 695,811 | -264,726 | -27.56% | $390,969,243.00 |
| 18 | AIRBNB INC | ABNB | Consumer Cyclical | 1.99% | 2,273,747 | -756,983 | -24.98% | $287,128,813.00 |
| 19 | INTUITIVE SURGICAL INC | ISRG | Healthcare | 1.94% | 606,826 | -235,792 | -27.98% | $279,740,605.00 |
| 20 | META PLATFORMS INC | META | Communication Services | 1.89% | 476,663 | +476,125 | +88499.07% | $272,713,407.00 |
| 21 | ACCENTURE PLC IRELAND | ACN | Technology | 1.86% | 1,354,748 | -527,959 | -28.04% | $268,632,941.00 |
| 22 | SYNOPSYS INC | SNPS | Technology | 1.84% | 671,233 | -173,648 | -20.55% | $266,130,284.00 |
| 23 | LAM RESEARCH CORP | LRCX | Other | 1.56% | 1,054,495 | +1,054,495 | +100.00% | $225,303,412.00 |
| 24 | UBER TECHNOLOGIES INC | UBER | Technology | 1.45% | 2,917,928 | -647,865 | -18.17% | $209,886,531.00 |
| 25 | ISHARES TR | IWF | Other | 1.20% | 406,863 | -369,223 | -47.58% | $173,486,508.00 |
| 26 | ROLLINS INC | ROL | Consumer Cyclical | 0.80% | 2,177,678 | +2,177,678 | +100.00% | $116,309,779.00 |
| 27 | MERCADOLIBRE INC | MELI | Consumer Cyclical | 0.41% | 34,452 | -13,468 | -28.11% | $59,567,722.00 |
| 28 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | Technology | 0.41% | 174,686 | -25,907 | -12.92% | $59,035,081.00 |
| 29 | SPOTIFY TECHNOLOGY S A | SPOT | Other | 0.36% | 107,429 | +35,771 | +49.92% | $52,093,417.00 |
| 30 | ISHARES TR | ACWI | Other | 0.29% | 306,415 | -303,718 | -49.78% | $42,398,594.00 |
| 31 | BOSTON SCIENTIFIC CORP | BSX | Healthcare | 0.25% | 579,739 | -3,439,813 | -85.58% | $36,378,606.00 |
| 32 | ASML HLDG NV | ASML | Other | 0.15% | 16,072 | +4,877 | +43.56% | $21,228,760.00 |
| 33 | NU HLDGS LTD | G6683N103 | Other | 0.12% | 1,217,238 | +59,402 | +5.13% | $17,491,709.00 |
| 34 | SAP SE | SAP | Technology | 0.08% | 66,674 | -166,658 | -71.43% | $11,415,227.00 |
| 35 | ARGAN INC | AGX | Industrials | 0.07% | 17,981 | -6,905 | -27.75% | $9,793,352.00 |
| 36 | POWELL INDS INC | POWL | Industrials | 0.07% | 17,485 | -2,856 | -14.04% | $9,460,784.00 |
| 37 | BLOOM ENERGY CORP | BE | Industrials | 0.06% | 67,231 | -8,203 | -10.87% | $9,109,128.00 |
| 38 | INTUIT | INTU | Technology | 0.06% | 19,853 | -492,803 | -96.13% | $8,583,861.00 |
| 39 | BEL FUSE INC | BELFB | Technology | 0.06% | 43,339 | +20,817 | +92.43% | $8,580,255.00 |
| 40 | CECO ENVIRONMENTAL CORP | CECO | Industrials | 0.06% | 143,231 | +73,456 | +105.28% | $8,533,703.00 |
| 41 | DIGITALOCEAN HLDGS INC | DOCN | Technology | 0.06% | 96,206 | +96,206 | +100.00% | $8,252,551.00 |
| 42 | ALPHABET INC | GOOGL | Communication Services | 0.06% | 28,195 | -2,669 | -8.65% | $8,107,744.00 |
| 43 | NETFLIX INC. | NFLX | Communication Services | 0.06% | 83,285 | -90,512 | -52.08% | $8,007,890.00 |
| 44 | BWX TECHNOLOGIES INC | BWXT | Industrials | 0.05% | 38,123 | +5,795 | +17.93% | $7,795,772.00 |
| 45 | VSE CORP | VSEC | Industrials | 0.05% | 42,040 | +7,650 | +22.24% | $7,752,176.00 |
| 46 | AMPRIUS TECHNOLOGIES INC | AMPX | Industrials | 0.05% | 422,145 | +133,855 | +46.43% | $7,117,365.00 |
| 47 | CLEAR SECURE INC | YOU | Technology | 0.05% | 145,900 | +106,575 | +271.01% | $7,063,019.00 |
| 48 | VANGUARD INDEX FDS | VUG | Other | 0.05% | 16,030 | -17,094 | -51.61% | $7,001,827.00 |
| 49 | FASTLY INC | FSLY | Technology | 0.05% | 238,518 | +238,518 | +100.00% | $6,931,333.00 |
| 50 | MODINE MFG CO | MOD | Consumer Cyclical | 0.04% | 29,042 | +14,733 | +102.96% | $6,293,692.00 |
| 51 | PLANET LABS PBC | PL | Industrials | 0.04% | 213,914 | +102,376 | +91.79% | $5,978,896.00 |
| 52 | DLOCAL LTD | DLO | Other | 0.04% | 458,909 | -7,900 | -1.69% | $5,952,050.00 |
| 53 | BROOKDALE SR LIVING INC | BKD | Healthcare | 0.04% | 420,374 | +219,786 | +109.57% | $5,750,716.00 |
| 54 | IES HOLDINGS INC | IESC | Industrials | 0.04% | 11,953 | +1,012 | +9.25% | $5,695,246.00 |
| 55 | SPHERE ENTERTAINMENT CO | SPHR | Communication Services | 0.04% | 48,293 | +24,465 | +102.67% | $5,669,598.00 |
| 56 | WILLIS TOWERS WATSON PLC LTD | WTW | Other | 0.04% | 19,376 | -8,049 | -29.35% | $5,632,577.00 |
| 57 | ISHARES TR | MCHI | Other | 0.04% | 96,813 | +96,813 | +100.00% | $5,438,954.00 |
| 58 | MEDTRONIC PLC | MDT | Other | 0.04% | 60,661 | -23,839 | -28.21% | $5,256,201.00 |
| 59 | ISHARES INC | EWT | Other | 0.04% | 72,894 | +72,894 | +100.00% | $5,169,642.00 |
| 60 | NLIGHT INC | LASR | Technology | 0.04% | 89,791 | +28,167 | +45.71% | $5,119,883.00 |
| 61 | GENEDX HOLDINGS CORP | WGS | Healthcare | 0.03% | 77,419 | +17,558 | +29.33% | $4,971,848.00 |
| 62 | CARPENTER TECHNOLOGY CORP | CRS | Industrials | 0.03% | 12,431 | +6,369 | +105.06% | $4,899,679.00 |
| 63 | SOLARIS ENERGY INFRAS INC | SOI | Other | 0.03% | 83,675 | +55,078 | +192.60% | $4,728,474.00 |
| 64 | BABCOCK & WILCOX ENTERPRISES | BW | Industrials | 0.03% | 271,492 | +149,212 | +122.02% | $3,988,217.00 |
| 65 | TENCENT MUSIC ENTMT GROUP | TME | Communication Services | 0.03% | 410,278 | -2,189 | -0.53% | $3,807,380.00 |
| 66 | PAYCOM SOFTWARE INC | PAYC | Technology | 0.03% | 30,831 | -1,804,197 | -98.32% | $3,747,225.00 |
| 67 | BRIDGEBIO PHARMA INC | BBIO | Healthcare | 0.02% | 45,934 | +7,693 | +20.12% | $3,411,059.00 |
| 68 | PRAXIS PRECISION MEDICINES I | PRAX | Healthcare | 0.02% | 10,043 | +10,043 | +100.00% | $3,235,754.00 |
| 69 | GUARDANT HEALTH INC | GH | Healthcare | 0.02% | 34,725 | +15,058 | +76.56% | $3,207,548.00 |
| 70 | ICICI BANK LIMITED | IBN | Financial Services | 0.02% | 118,059 | -5,813 | -4.69% | $3,057,724.00 |
| 71 | ON HLDG AG | ONON | Other | 0.02% | 88,051 | -106,432 | -54.73% | $2,995,481.00 |
| 72 | AEHR TEST SYS | AEHR | Technology | 0.02% | 79,396 | +49,285 | +163.68% | $2,944,004.00 |
| 73 | CONSTRUCTION PARTNERS INC | ROAD | Industrials | 0.02% | 26,329 | +15,714 | +148.04% | $2,925,678.00 |
| 74 | ADOBE INC | ADBE | Technology | 0.02% | 11,868 | -1,333,720 | -99.12% | $2,884,835.00 |
| 75 | ASTRONICS CORP | ATRO | Industrials | 0.02% | 42,410 | -11,281 | -21.01% | $2,830,019.00 |
| 76 | AXT INC | AXTI | Technology | 0.02% | 49,368 | +27,153 | +122.23% | $2,812,989.00 |
| 77 | TESLA INC | TSLA | Consumer Cyclical | 0.02% | 7,368 | -803 | -9.83% | $2,739,054.00 |
| 78 | SEA LTD | SE | Consumer Cyclical | 0.02% | 32,874 | -9,836 | -23.03% | $2,722,322.00 |
| 79 | MILLICOM INTL CELLULAR S A | TIGO | Other | 0.02% | 36,096 | +18,411 | +104.11% | $2,705,034.00 |
| 80 | CORPORACION AMER ARPTS S A | CAAP | Other | 0.02% | 106,069 | +54,150 | +104.30% | $2,682,485.00 |
| 81 | WAYFAIR INC | W | Consumer Cyclical | 0.02% | 35,216 | +8,359 | +31.12% | $2,648,595.00 |
| 82 | VICTORY CAP HLDGS INC DEL | VCTR | Financial Services | 0.02% | 39,868 | +28,723 | +257.72% | $2,610,557.00 |
| 83 | PROTAGONIST THERAPEUTICS INC | PTGX | Healthcare | 0.02% | 24,337 | +3,988 | +19.60% | $2,565,120.00 |
| 84 | SCHOLAR ROCK HLDG CORP | SRRK | Healthcare | 0.02% | 51,951 | +30,189 | +138.72% | $2,553,911.00 |
| 85 | SITIME CORP | SITM | Technology | 0.02% | 7,101 | +4,789 | +207.14% | $2,452,330.00 |
| 86 | STATE STR SPDR S&P 500 ETF T | SPY | Other | 0.02% | 3,757 | -2,960 | -44.07% | $2,443,256.00 |
| 87 | JOBY AVIATION INC | G65163100 | Other | 0.02% | 294,754 | +44,687 | +17.87% | $2,434,668.00 |
| 88 | OPPENHEIMER HLDGS INC | OPY | Financial Services | 0.02% | 26,954 | +10,611 | +64.93% | $2,404,027.00 |
| 89 | TECHNIPFMC PLC | G87110105 | Other | 0.02% | 34,293 | -1,622 | -4.52% | $2,370,675.00 |
| 90 | CARVANA CO | CVNA | Consumer Cyclical | 0.02% | 7,348 | -1,626 | -18.12% | $2,310,064.00 |
| 91 | VICOR CORP | VICR | Technology | 0.02% | 13,899 | +13,899 | +100.00% | $2,237,739.00 |
| 92 | RESOLUTE HLDGS MGMT INC | RHLD | Other | 0.02% | 13,669 | -7,246 | -34.64% | $2,218,479.00 |
| 93 | ASTEC INDS INC | ASTE | Industrials | 0.02% | 41,172 | +18,828 | +84.26% | $2,216,700.00 |
| 94 | CAMECO CORP | CCJ | Energy | 0.02% | 20,210 | -7,964 | -28.27% | $2,195,008.00 |
| 95 | PROTO LABS INC | PRLB | Industrials | 0.01% | 37,594 | +33,446 | +806.32% | $2,143,610.00 |
| 96 | KRATOS DEFENSE & SEC SOLUTIO | KTOS | Industrials | 0.01% | 29,265 | +9,568 | +48.58% | $2,063,475.00 |
| 97 | THE REALREAL INC | REAL | Consumer Cyclical | 0.01% | 221,865 | +46,777 | +26.72% | $2,014,534.00 |
| 98 | IRADIMED CORP | IRMD | Healthcare | 0.01% | 20,744 | -6,147 | -22.86% | $1,996,817.00 |
| 99 | PREFORMED LINE PRODS CO | PLPC | Industrials | 0.01% | 7,341 | +1,681 | +29.70% | $1,987,576.00 |
| 100 | CELCUITY INC | CELC | Healthcare | 0.01% | 17,181 | +12,521 | +268.69% | $1,961,039.00 |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Technology | 39.76% | $5,740,124,202.00 |
| Financial Services | 17.08% | $2,466,273,196.00 |
| Healthcare | 14.51% | $2,095,177,601.00 |
| Consumer Cyclical | 12.19% | $1,759,479,946.00 |
| Communication Services | 7.92% | $1,143,992,429.00 |
| Other | 4.17% | $601,795,468.00 |
| Real Estate | 3.52% | $508,696,377.00 |
| Industrials | 0.75% | $107,930,310.00 |
| Basic Materials | 0.04% | $5,742,013.00 |
| Energy | 0.03% | $4,621,808.00 |
| Consumer Defensive | 0.02% | $2,738,663.00 |
| Utilities | 0.00% | $372,280.00 |
Portfolio insights
As of Mar 31, 2026, the Polen Capital Management portfolio holds 209 securities valued at $14,436,944,293.00. The Technology sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.