David M. Polen - Polen Capital Management Investment Strategy & Portfolio Analysis

How Polen Capital Management allocates capital, manages risk, and constructs its portfolio — based on SEC 13F filings.

As of Jun 30, 2026, David M. Polen's Polen Capital Management portfolio reflects a growth-oriented investor approach across 197 reported 13F positions. Portfolio returns are distributed across holdings, with the top five positions representing approximately 34% of total exposure. The portfolio maintains structural breadth across 197 positions, with economic weighting tilted toward large-cap technology and growth-oriented names. Exposure to high-growth and technology-oriented segments is elevated relative to peers, with performance anchored in growth-oriented names across technology, financials, and consumer discretionary. The portfolio exhibits low turnover, consistent with a buy-and-hold posture held through multiple reporting cycles. Distinctive traits include Long-Term Holder, Structurally Diversified.

Investment Style

Value, growth, quality, and behavioral classification from latest 13F holdings.

Growth

Primary type: Growth-Oriented Investor

Traits: Long-Term Holder, Structurally Diversified

Turnover profile

Moderate

Holding horizon

Long-Term

Portfolio Construction

Concentration and position sizing in the latest filing.

Portfolio construction is moderately concentrated: top three names represent 20.6% of assets, top five 33.6%, and the largest single position is 6.9%.

Top 3 weight

20.6%

Top 5 weight

33.6%

Top 10 weight

58.9%

Largest position

6.9%

Top holdings: Eli Lilly and Company, NVIDIA Corporation, Microsoft Corporation, Alphabet Inc., Broadcom Inc. — view full holdings

Sector Preferences

Where capital is allocated by sector.

Capital is tilted toward Technology and Financial Services, with 12 sectors represented in the latest filing.

Leading sectors: Technology, Financial Services, Consumer Cyclical

View full sector allocation

Risk Framework

Concentration, diversification, and turnover tolerance.

This investor accepts moderate single-name risk (largest position 6.9%, top ten 58.9%) and moderate economic diversification (HHI 0.04). Turnover tolerance maps to a moderate profile.

Largest position

6.9%

Top 10 weight

58.9%

Max sector

37.5%

Diversification

Moderate

Strategy Evolution

How the strategy changed between the two most recent filing periods.

Mar 31, 2026 → Jun 30, 2026

  • Position count decreased from 209 to 197 (-12 names).
  • Top-five concentration rose from 30.4% to 33.6%.
  • Largest holding changed from Microsoft Corporation to Eli Lilly and Company.
  • Quarter-over-quarter portfolio weight turnover: 17.6%.

For trade-level changes, see the Activity page. View activity.

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Peer group with comparable portfolio behavior.

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