Polen Capital Management LLC reported 206 positions worth $11.49B for the quarter ended Jun 30, 2026, down 19.1% on the prior quarter. It opened 63 new positions, added to 56, trimmed 87 and exited 62. Its largest holding is ELI LILLY & Co at 7% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| GE General Electric Co | +690.5K | – | $258.06M | 2.25% |
| GEV GE Vernova Inc. | +196.6K | – | $230.99M | 2.01% |
| ATI Ati Inc | +819.2K | – | $161.47M | 1.41% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | +326.5K | +186.9% | $155.94M | 2.08% |
| HWM Howmet Aerospace Inc. | +457.1K | – | $122.90M | 1.07% |
| EME EMCOR Group, Inc. | +103.1K | – | $85.58M | 0.745% |
| WULF Terawulf Inc. | +456.8K | +429.4% | $11.28M | 0.121% |
| FROG JFrog Ltd | +72.9K | +360.1% | $6.62M | 0.074% |
| RXT Rackspace Technology, Inc. | +709.2K | – | $4.63M | 0.04% |
| FTK Flotek Industries Inc | +167.9K | +607.3% | $3.95M | 0.04% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AON Aon plc | -1.19M | -87.9% | $394.72M | 0.473% |
| LLY ELI LILLY & Co | -247.6K | -27.1% | $297.03M | 6.96% |
| SNPS Synopsys Inc | -630.0K | -93.9% | $281.01M | 0.16% |
| ZTS Zoetis Inc. | -3.90M | -92.4% | $280.44M | 0.2% |
| MSFT Microsoft Corp | -747.3K | -26.3% | $278.75M | 6.81% |
| AVGO Broadcom Inc. | -737.4K | -27.3% | $278.54M | 6.44% |
| GOOG Alphabet Inc. | -781.4K | -26.5% | $276.10M | 6.66% |
| AMZN Amazon Com Inc | -1.09M | -27.9% | $259.02M | 5.83% |
| V Visa Inc. | -640.1K | -26.2% | $219.63M | 5.39% |
| ORCL Oracle Corp | -1.45M | -28.9% | $212.50M | 4.56% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| GE General Electric Co | +690.5K | $258.06M | 2.25% |
| GEV GE Vernova Inc. | +196.6K | $230.99M | 2.01% |
| ATI Ati Inc | +819.2K | $161.47M | 1.41% |
| HWM Howmet Aerospace Inc. | +457.1K | $122.90M | 1.07% |
| EME EMCOR Group, Inc. | +103.1K | $85.58M | 0.745% |
| RXT Rackspace Technology, Inc. | +709.2K | $4.63M | 0.04% |
| APLD Applied Digital Corp. | +98.3K | $3.67M | 0.032% |
| EVC Entravision Communications Corp | +236.9K | $3.09M | 0.027% |
| CPA Copa Holdings, S.A. | +18.9K | $2.95M | 0.026% |
| CDNL Cardinal Infrastructure Group Inc. | +30.8K | $2.90M | 0.025% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| INTU Intuit Inc. | -19.9K | $8.58M | 0.06% |
| FSLY Fastly, Inc. | -238.5K | $6.93M | 0.049% |
| MDT Medtronic plc | -60.7K | $5.26M | 0.037% |
| WGS GeneDx Holdings Corp. | -77.4K | $4.97M | 0.035% |
| PAYC Paycom Software, Inc. | -30.8K | $3.75M | 0.026% |
| FIGR Figure Technology Solutions, Inc. | -105.6K | $3.59M | 0.025% |
| KRMN Karman Holdings Inc. | -44.1K | $3.53M | 0.025% |
| CAAP Corporacion America Airports S.A. | -106.1K | $2.68M | 0.019% |
| KTOS Kratos Defense & Security Solutions, Inc. | -29.3K | $2.06M | 0.015% |
| IRMD Iradimed Corp | -20.7K | $2.00M | 0.014% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | LLY ELI LILLY & Co | Healthcare | 666.9K | $799.91M | 6.96% | -247.6K | -27.1% | Reduced | 0.07% |
| 2 | NVDA Nvidia Corp | Technology | 3.98M | $796.05M | 6.93% | -125.8K | -3.1% | Reduced | 0.02% |
| 3 | MSFT Microsoft Corp | Technology | 2.10M | $782.82M | 6.81% | -747.3K | -26.3% | Reduced | 0.03% |
| 4 | GOOG Alphabet Inc. | Technology | 2.17M | $765.04M | 6.66% | -781.4K | -26.5% | Reduced | 0.02% |
| 5 | AVGO Broadcom Inc. | Technology | 1.96M | $740.47M | 6.44% | -737.4K | -27.3% | Reduced | 0.04% |
| 6 | AMZN Amazon Com Inc | Consumer Discretionary | 2.81M | $669.72M | 5.83% | -1.09M | -27.9% | Reduced | 0.03% |
| 7 | V Visa Inc. | Financial Services | 1.81M | $619.49M | 5.39% | -640.1K | -26.2% | Reduced | 0.1% |
| 8 | MA Mastercard Inc | Financial Services | 1.14M | $586.51M | 5.1% | -399.4K | -25.9% | Reduced | 0.13% |
| 9 | NOW ServiceNow, Inc. | Technology | 5.37M | $533.15M | 4.64% | -1.90M | -26.1% | Reduced | 0.52% |
| 10 | ORCL Oracle Corp | Technology | 3.57M | $523.81M | 4.56% | -1.45M | -28.9% | Reduced | 0.12% |
| 11 | SHOP Shopify Inc. | Technology | 4.58M | $522.66M | 4.55% | -1.73M | -27.4% | Reduced | 0.38% |
| 12 | MSCI MSCI Inc. | Financial Services | 671.8K | $376.23M | 3.27% | -257.7K | -27.7% | Reduced | 0.92% |
| 13 | LRCX Lam Research Corp | Technology | 859.0K | $372.25M | 3.24% | -195.5K | -18.5% | Reduced | 0.07% |
| 14 | SBUX Starbucks Corp | Consumer Discretionary | 3.55M | $362.85M | 3.16% | -1.50M | -29.8% | Reduced | 0.31% |
| 15 | IDXX Idexx Laboratories Inc | Healthcare | 532.4K | $280.27M | 2.44% | -163.4K | -23.5% | Reduced | 0.67% |
Tip. Select a row to see that position’s full history at Polen Capital Management.
As of its Q2 2026 13F filing, Polen Capital Management LLC’s five largest positions were ELI LILLY & Co (LLY) at 7.0%, Nvidia Corp (NVDA) at 6.9%, Microsoft Corp (MSFT) at 6.8%, Alphabet Inc. (GOOG) at 6.7%, Broadcom Inc. (AVGO) at 6.4% of the reported portfolio.
Polen Capital Management LLC reported a 13F portfolio worth $11.49B across 206 positions for Q2 2026. That is down 19.1% from the previous quarter.
Its largest purchases by value were General Electric Co ($258.06M), GE Vernova Inc. ($230.99M), Ati Inc ($161.47M). It opened 63 new positions.
Its largest sales by value were Aon plc ($394.72M), ELI LILLY & Co ($297.03M), Synopsys Inc ($281.01M). It exited 62 positions entirely.
From the Form 13F-HR reports Polen Capital Management LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.