POLEN CAPITAL MANAGEMENT LLC 13F: Quarter-over-Quarter Portfolio Changes
POLEN CAPITAL MANAGEMENT LLC reported a disclosed portfolio value of approximately $14.5 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 38.3% quarter on quarter. Over the quarter, the manager initiated 69 new positions, bought more shares in 71 holdings, trimmed 81 holdings, and exited 79 positions.
POLEN CAPITAL MANAGEMENT LLC's top buy was a new stake in Meta Platforms INC (META) , equal to 1.9% of the disclosed portfolio. Its top sell was Abbott Laboratories (ABT) . The manager sold 99.6% of its previously reported shares, reducing the position's portfolio weight by 2.1 percentage points.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
Top BuysQ1 2026
Showing the top 10 buys among 71 existing positions where the manager bought more shares in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| PROTO LABS INC | PRLB | +0.0% | +806.3% | Holders → |
| FIGURE TECHNOLOGY SOLUTIO | FIGR | +0.0% | +725.1% | Holders → |
| KARMAN HLDGS INC | KRMN | +0.0% | +582.7% | Holders → |
| LIFE TIME GROUP HOLDINGS INC | LTH | +0.0% | +321.3% | Holders → |
| CLEAR SECURE INC | YOU | +0.0% | +271.0% | Holders → |
| CELCUITY INC | CELC | +0.0% | +268.7% | Holders → |
| VICTORY CAP HLDGS INC DEL | VCTR | +0.0% | +257.7% | Holders → |
| SOLARIS ENERGY INFRASTRUCTURE | SEI | +0.0% | +192.6% | Holders → |
| GRAHAM CORP | GHM | +0.0% | +186.5% | Holders → |
| WINMARK CORP | WINA | +0.0% | +165.8% | Holders → |
Top SellsQ1 2026
Showing the top 10 sells among 81 existing positions where the manager sold shares in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| ABBOTT LABORATORIES | ABT | -2.1% | 99.6% | Holders → |
| ADOBE INC | ADBE | -2.0% | 99.1% | Holders → |
| PAYCOM SOFTWARE INC | PAYC | -1.2% | 98.3% | Holders → |
| INTUIT | INTU | -1.4% | 96.1% | Holders → |
| HDFC BANK-ADR | HDB | -0.1% | 93.5% | Holders → |
| BOSTON SCIENTIFIC CORP | BSX | -1.4% | 85.6% | Holders → |
| AFFIRM HLDGS INC | AFRM | -0.0% | 85.6% | Holders → |
| FIRST SOLAR INC | FSLR | -0.0% | 84.6% | Holders → |
| GARTNER INC | IT | -0.0% | 82.3% | Holders → |
| VANGUARD TOT WORLD STK ETF | VT | -0.0% | 80.4% | Holders → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
Net Portfolio Value ChangeQ1 2026
- $23.4BPrior quarter
- $14.5BCurrent quarter
- $-9.0BNet delta
- -38.3%% change
Methodology & FAQ
How POLEN CAPITAL MANAGEMENT LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for POLEN CAPITAL MANAGEMENT LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did POLEN CAPITAL MANAGEMENT LLC buy in Q1 2026?
In Q1 2026, POLEN CAPITAL MANAGEMENT LLC initiated 69 new positions (META PLATFORMS INC (META), LAM RESEARCH CORP (LRCX), ROLLINS INC (ROL), DIGITALOCEAN HLDGS INC (DOCN), FASTLY INC (FSLY), ISHARES TR (MCHI), ISHARES INC (EWT), ASTRAZENECA PLC (AZN), PRAXIS PRECISION MEDICINES I (PRAX), SITIME CORP (SITM), VICOR CORP (VICR), AZZ INC (AZZ), AAR CORP (AIR), LINDBLAD EXPEDITIONS HLDGS I (LIND), LFUS (LFUS), SHAKE SHACK INC (SHAK), WISDOMTREE INC (WT), TERAWULF INC (WULF), NEXGEN ENERGY LTD (NXE), OUTFRONT MEDIA INC (OUT), CHEESECAKE FACTORY INC (CAKE), APPLIED OPTOELECTRONICS INC (AAOI), CIRCLE INTERNET GROUP INC (CRCL), IONQ INC (IONQ), TWIST BIOSCIENCE CORP (TWST), VISHAY PRECISION GROUP INC (VPG), FABRINET (FN), FLUOR CORP (FLR), CALLAWAY GOLF CO (CALY), ADTRAN HOLDINGS INC (ADTN), STRIDE INC (LRN), KONTOOR BRANDS INC (KTB), CANTOR EQUITY PARTNERS II IN (CEPT), ARLO TECHNOLOGIES INC (ARLO), LIGHTPATH TECHNOLOGIES INC (LPTH), BLACKSKY TECHNOLOGY INC (BKSY), ETON PHARMACEUTICALS INC (ETON), FIREFLY AEROSPACE INC (FLY), ONCE UPON A FARM PBC (OFRM), BETTER HOME & FINANCE HOLDIN (BETR), ORION GROUP HLDGS INC (ORN), LEMONADE INC (LMND), SEMTECH CORP (SMTC), ANI PHARMACEUTICALS INC (ANIP), THERMON GROUP HLDGS INC (THR), FLOTEK INDUSTRIES INC (FTK), MANITOWOC CO INC (MTW), VEECO INSTRS INC DEL (VECO), DELUXE CORP MEDIUM TERM NTS (DLX), ANNEXON INC (ANNX), MILLERKNOLL INC (MLKN), PHIBRO ANIMAL HEALTH CORP (PAHC), ALTO NEUROSCIENCE INC (ANRO), CENTRAL PUERTO S A (CEPU), AXSOME THERAPEUTICS (AXSM), MITEK SYS INC (MITK), BRISTOW GROUP INC (VTOL), SKYWATER TECHNOLOGY INC (SKYT), DIANTHUS THERAPEUTICS IN (DNTH), ALCOA CORP (AA), HYPERLIQUID STRATEGIES INC (PURR), SHARKNINJA INC (SN), VISTA ENERGY SAB (VIST), MACOM TECH SOLUTIONS HLDGS I (MTSI), SPDR BLOOMBERG 1-3 MONTH T-BIL (BIL), QXO INC (QXO), EL POLLO LOCO HLDGS INC (LOCO), NAUTILUS BIOTECHNOLOGY INC (NAUT), OPENDOOR TECHNOLOGIES INC (OPEN)); bought more shares of PROTO LABS INC (PRLB), FIGURE TECHNOLOGY SOLUTIO (FIGR), KARMAN HLDGS INC (KRMN), LIFE TIME GROUP HOLDINGS INC (LTH), CLEAR SECURE INC (YOU) — the largest 5 of 71 adds.
What stocks did POLEN CAPITAL MANAGEMENT LLC sell in Q1 2026?
In Q1 2026, POLEN CAPITAL MANAGEMENT LLC fully sold 79 positions (ICON PLC (ICLR) (ICLR), MONDAY COM LTD (MNDY), ISHARES TR (IVV), GLOBANT S A (GLOB), MAKEMYTRIP LIMITED MAURITIUS (MMYT), PDD HOLDINGS INC (PDD), KAROOOOO LTD (KARO), HURON CONSULTING GROUP INC (HURN), WORKDAY INC (WDAY), ALPHATEC HLDGS INC (ATEC), VANGUARD INDEX FUNDS TOTAL STO (VTI), RED VIOLET INC (RDVT), THERMO FISHER SCIENTIFIC INC (TMO), PAGAYA TECHNOLOGIES LTD (PGY), GRAIL, INC. (GRAL), LIQUIDIA CORPORATION (LQDA), ARTIVION INC (AORT), CREDO TECHNOLOGY GROUP HOLDI (CRDO), HOWARD HUGHES HOLDINGS INC (HHH), XERIS BIOPHARMA HOLDINGS INC (XERS), CONSTELLATION ENERGY (CEG), KURA ONCOLOGY INC (KURA), THREDUP INC (TDUP), UPWORK INC (UPWK), SWIM (SWIM), AMERICAN SUPERCONDUCTOR CORP (AMSC), ODDITY TECH LTD (ODD), IHEARTMEDIA INC (IHRT), PITNEY BOWES INC (PBI), CYTOKINETICS INC (CYTK), CANADIAN SOLAR INC (CSIQ), NAPCO SEC TECHNOLOGIES INC (NSSC), AUTOMATIC DATA PROCESSING IN (ADP), PORCH GROUP INC (PRCH), NRG ENERGY INC (NRG), LIMBACH HLDGS INC (LMB), HEALTHEQUITY INC (HQY), SKYWEST INC (SKYW), ERMENEGILDO ZEGNA N V (ZGN), ESPERION THERAPEUTICS INC NE (ESPR), OPPFI INC (OPFI), LUXEXPERIENCE BV (LUXE), MESOBLAST LTD (MESO), NEWMARK GROUP INC (NMRK), AEROVIRONMENT INC (AVAV), PERSONALIS INC (PSNL), ADT INC DEL (ADT), UNITEDHEALTH GROUP (UNH), NEWAMSTERDAM PHARMA COMPANY (NAMS), MEDPACE HLDGS INC (MEDP), ACUITY INC (AYI), OLEMA PHARMACEUTICALS INC (OLMA), APPIAN CORP (APPN), LYFT INC (LYFT), ABCELLERA BIOLOGICS INC. (ABCL), AUTODESK INC (ADSK), ISHARES TR (IOO), GAP INC (GAP), WESTERN ALLIANCE BANCORPORATION (WAL), HOLLEY INC (HLLY), SERVICETITAN INC (TTAN), ARMSTRONG WORLD INDS INC NEW (AWI), STRATASYS LTD (SSYS), UL SOLUTIONS INC (ULS), PACIFIC BIOSCIENCES CALIF IN (PACB), SYMBOTIC INC (SYM), COOPER STD HLDGS INC (CPS), EOS ENERGY ENTERPRISES INC (EOSE), UNITY SOFTWARE INC (U), PELOTON INTERACTIVE INC (PTON), SERVE ROBOTICS INC (SERV), TEMPUS AI INC (TEM), ROIVANT SCIENCES LTD (ROIV), RICHTECH ROBOTICS INC (RR), PAYPAL HLDGS INC (PYPL), OSCAR HEALTH INC (OSCR), PRECIGEN INC (PGEN), GRID DYNAMICS HLDGS INC (GDYN), SOPHIA GENETICS SA (SOPH)); reduced holdings in ABBOTT LABORATORIES (ABT), ADOBE INC (ADBE), PAYCOM SOFTWARE INC (PAYC), INTUIT (INTU), HDFC BANK-ADR (HDB) — the largest 5 of 81 reductions.
Which positions did POLEN CAPITAL MANAGEMENT LLC initiate in Q1 2026?
POLEN CAPITAL MANAGEMENT LLC established 69 new positions in Q1 2026: META PLATFORMS INC (META, 1.9%), LAM RESEARCH CORP (LRCX, 1.6%), ROLLINS INC (ROL, 0.8%), DIGITALOCEAN HLDGS INC (DOCN, 0.1%), FASTLY INC (FSLY, 0.0%), ISHARES TR (MCHI, 0.0%), ISHARES INC (EWT, 0.0%), ASTRAZENECA PLC (AZN, 0.0%), PRAXIS PRECISION MEDICINES I (PRAX, 0.0%), SITIME CORP (SITM, 0.0%), VICOR CORP (VICR, 0.0%), AZZ INC (AZZ, 0.0%), AAR CORP (AIR, 0.0%), LINDBLAD EXPEDITIONS HLDGS I (LIND, 0.0%), LFUS (LFUS, 0.0%), SHAKE SHACK INC (SHAK, 0.0%), WISDOMTREE INC (WT, 0.0%), TERAWULF INC (WULF, 0.0%), NEXGEN ENERGY LTD (NXE, 0.0%), OUTFRONT MEDIA INC (OUT, 0.0%), CHEESECAKE FACTORY INC (CAKE, 0.0%), APPLIED OPTOELECTRONICS INC (AAOI, 0.0%), CIRCLE INTERNET GROUP INC (CRCL, 0.0%), IONQ INC (IONQ, 0.0%), TWIST BIOSCIENCE CORP (TWST, 0.0%), VISHAY PRECISION GROUP INC (VPG, 0.0%), FABRINET (FN, 0.0%), FLUOR CORP (FLR, 0.0%), CALLAWAY GOLF CO (CALY, 0.0%), ADTRAN HOLDINGS INC (ADTN, 0.0%), STRIDE INC (LRN, 0.0%), KONTOOR BRANDS INC (KTB, 0.0%), CANTOR EQUITY PARTNERS II IN (CEPT, 0.0%), ARLO TECHNOLOGIES INC (ARLO, 0.0%), LIGHTPATH TECHNOLOGIES INC (LPTH, 0.0%), BLACKSKY TECHNOLOGY INC (BKSY, 0.0%), ETON PHARMACEUTICALS INC (ETON, 0.0%), FIREFLY AEROSPACE INC (FLY, 0.0%), ONCE UPON A FARM PBC (OFRM, 0.0%), BETTER HOME & FINANCE HOLDIN (BETR, 0.0%), ORION GROUP HLDGS INC (ORN, 0.0%), LEMONADE INC (LMND, 0.0%), SEMTECH CORP (SMTC, 0.0%), ANI PHARMACEUTICALS INC (ANIP, 0.0%), THERMON GROUP HLDGS INC (THR, 0.0%), FLOTEK INDUSTRIES INC (FTK, 0.0%), MANITOWOC CO INC (MTW, 0.0%), VEECO INSTRS INC DEL (VECO, 0.0%), DELUXE CORP MEDIUM TERM NTS (DLX, 0.0%), ANNEXON INC (ANNX, 0.0%), MILLERKNOLL INC (MLKN, 0.0%), PHIBRO ANIMAL HEALTH CORP (PAHC, 0.0%), ALTO NEUROSCIENCE INC (ANRO, 0.0%), CENTRAL PUERTO S A (CEPU, 0.0%), AXSOME THERAPEUTICS (AXSM, 0.0%), MITEK SYS INC (MITK, 0.0%), BRISTOW GROUP INC (VTOL, 0.0%), SKYWATER TECHNOLOGY INC (SKYT, 0.0%), DIANTHUS THERAPEUTICS IN (DNTH, 0.0%), ALCOA CORP (AA, 0.0%), HYPERLIQUID STRATEGIES INC (PURR, 0.0%), SHARKNINJA INC (SN, 0.0%), VISTA ENERGY SAB (VIST, 0.0%), MACOM TECH SOLUTIONS HLDGS I (MTSI, 0.0%), SPDR BLOOMBERG 1-3 MONTH T-BIL (BIL, 0.0%), QXO INC (QXO, 0.0%), EL POLLO LOCO HLDGS INC (LOCO, 0.0%), NAUTILUS BIOTECHNOLOGY INC (NAUT, 0.0%), OPENDOOR TECHNOLOGIES INC (OPEN, 0.0%).
Which existing positions saw the largest allocation increases for POLEN CAPITAL MANAGEMENT LLC in Q1 2026?
Of 71 existing positions with share-count increases in Q1 2026, the largest were: PROTO LABS INC (PRLB, +0.0% weight, +806.3% shares), FIGURE TECHNOLOGY SOLUTIO (FIGR, +0.0% weight, +725.1% shares), KARMAN HLDGS INC (KRMN, +0.0% weight, +582.7% shares), LIFE TIME GROUP HOLDINGS INC (LTH, +0.0% weight, +321.3% shares), CLEAR SECURE INC (YOU, +0.0% weight, +271.0% shares), CELCUITY INC (CELC, +0.0% weight, +268.7% shares), VICTORY CAP HLDGS INC DEL (VCTR, +0.0% weight, +257.7% shares), SOLARIS ENERGY INFRASTRUCTURE (SEI, +0.0% weight, +192.6% shares), GRAHAM CORP (GHM, +0.0% weight, +186.5% shares), WINMARK CORP (WINA, +0.0% weight, +165.8% shares).
Which positions did POLEN CAPITAL MANAGEMENT LLC fully exit in Q1 2026?
POLEN CAPITAL MANAGEMENT LLC fully exited 79 positions in Q1 2026: ICON PLC (ICLR) (ICLR, last-reported weight 0.1%), MONDAY COM LTD (MNDY, last-reported weight 0.0%), ISHARES TR (IVV, last-reported weight 0.0%), GLOBANT S A (GLOB, last-reported weight 0.0%), MAKEMYTRIP LIMITED MAURITIUS (MMYT, last-reported weight 0.0%), PDD HOLDINGS INC (PDD, last-reported weight 0.0%), KAROOOOO LTD (KARO, last-reported weight 0.0%), HURON CONSULTING GROUP INC (HURN, last-reported weight 0.0%), WORKDAY INC (WDAY, last-reported weight 0.0%), ALPHATEC HLDGS INC (ATEC, last-reported weight 0.0%), VANGUARD INDEX FUNDS TOTAL STO (VTI, last-reported weight 0.0%), RED VIOLET INC (RDVT, last-reported weight 0.0%), THERMO FISHER SCIENTIFIC INC (TMO, last-reported weight 0.0%), PAGAYA TECHNOLOGIES LTD (PGY, last-reported weight 0.0%), GRAIL, INC. (GRAL, last-reported weight 0.0%), LIQUIDIA CORPORATION (LQDA, last-reported weight 0.0%), ARTIVION INC (AORT, last-reported weight 0.0%), CREDO TECHNOLOGY GROUP HOLDI (CRDO, last-reported weight 0.0%), HOWARD HUGHES HOLDINGS INC (HHH, last-reported weight 0.0%), XERIS BIOPHARMA HOLDINGS INC (XERS, last-reported weight 0.0%), CONSTELLATION ENERGY (CEG, last-reported weight 0.0%), KURA ONCOLOGY INC (KURA, last-reported weight 0.0%), THREDUP INC (TDUP, last-reported weight 0.0%), UPWORK INC (UPWK, last-reported weight 0.0%), SWIM (SWIM, last-reported weight 0.0%), AMERICAN SUPERCONDUCTOR CORP (AMSC, last-reported weight 0.0%), ODDITY TECH LTD (ODD, last-reported weight 0.0%), IHEARTMEDIA INC (IHRT, last-reported weight 0.0%), PITNEY BOWES INC (PBI, last-reported weight 0.0%), CYTOKINETICS INC (CYTK, last-reported weight 0.0%), CANADIAN SOLAR INC (CSIQ, last-reported weight 0.0%), NAPCO SEC TECHNOLOGIES INC (NSSC, last-reported weight 0.0%), AUTOMATIC DATA PROCESSING IN (ADP, last-reported weight 0.0%), PORCH GROUP INC (PRCH, last-reported weight 0.0%), NRG ENERGY INC (NRG, last-reported weight 0.0%), LIMBACH HLDGS INC (LMB, last-reported weight 0.0%), HEALTHEQUITY INC (HQY, last-reported weight 0.0%), SKYWEST INC (SKYW, last-reported weight 0.0%), ERMENEGILDO ZEGNA N V (ZGN, last-reported weight 0.0%), ESPERION THERAPEUTICS INC NE (ESPR, last-reported weight 0.0%), OPPFI INC (OPFI, last-reported weight 0.0%), LUXEXPERIENCE BV (LUXE, last-reported weight 0.0%), MESOBLAST LTD (MESO, last-reported weight 0.0%), NEWMARK GROUP INC (NMRK, last-reported weight 0.0%), AEROVIRONMENT INC (AVAV, last-reported weight 0.0%), PERSONALIS INC (PSNL, last-reported weight 0.0%), ADT INC DEL (ADT, last-reported weight 0.0%), UNITEDHEALTH GROUP (UNH, last-reported weight 0.0%), NEWAMSTERDAM PHARMA COMPANY (NAMS, last-reported weight 0.0%), MEDPACE HLDGS INC (MEDP, last-reported weight 0.0%), ACUITY INC (AYI, last-reported weight 0.0%), OLEMA PHARMACEUTICALS INC (OLMA, last-reported weight 0.0%), APPIAN CORP (APPN, last-reported weight 0.0%), LYFT INC (LYFT, last-reported weight 0.0%), ABCELLERA BIOLOGICS INC. (ABCL, last-reported weight 0.0%), AUTODESK INC (ADSK, last-reported weight 0.0%), ISHARES TR (IOO, last-reported weight 0.0%), GAP INC (GAP, last-reported weight 0.0%), WESTERN ALLIANCE BANCORPORATION (WAL, last-reported weight 0.0%), HOLLEY INC (HLLY, last-reported weight 0.0%), SERVICETITAN INC (TTAN, last-reported weight 0.0%), ARMSTRONG WORLD INDS INC NEW (AWI, last-reported weight 0.0%), STRATASYS LTD (SSYS, last-reported weight 0.0%), UL SOLUTIONS INC (ULS, last-reported weight 0.0%), PACIFIC BIOSCIENCES CALIF IN (PACB, last-reported weight 0.0%), SYMBOTIC INC (SYM, last-reported weight 0.0%), COOPER STD HLDGS INC (CPS, last-reported weight 0.0%), EOS ENERGY ENTERPRISES INC (EOSE, last-reported weight 0.0%), UNITY SOFTWARE INC (U, last-reported weight 0.0%), PELOTON INTERACTIVE INC (PTON, last-reported weight 0.0%), SERVE ROBOTICS INC (SERV, last-reported weight 0.0%), TEMPUS AI INC (TEM, last-reported weight 0.0%), ROIVANT SCIENCES LTD (ROIV, last-reported weight 0.0%), RICHTECH ROBOTICS INC (RR, last-reported weight 0.0%), PAYPAL HLDGS INC (PYPL, last-reported weight 0.0%), OSCAR HEALTH INC (OSCR, last-reported weight 0.0%), PRECIGEN INC (PGEN, last-reported weight 0.0%), GRID DYNAMICS HLDGS INC (GDYN, last-reported weight 0.0%), SOPHIA GENETICS SA (SOPH, last-reported weight 0.0%).
Which existing positions saw the largest allocation reductions for POLEN CAPITAL MANAGEMENT LLC in Q1 2026?
Of 81 existing positions with share-count reductions in Q1 2026, the largest were: ABBOTT LABORATORIES (ABT, -2.1% weight, -99.6% shares), ADOBE INC (ADBE, -2.0% weight, -99.1% shares), PAYCOM SOFTWARE INC (PAYC, -1.2% weight, -98.3% shares), INTUIT (INTU, -1.4% weight, -96.1% shares), HDFC BANK-ADR (HDB, -0.1% weight, -93.5% shares), BOSTON SCIENTIFIC CORP (BSX, -1.4% weight, -85.6% shares), AFFIRM HLDGS INC (AFRM, -0.0% weight, -85.6% shares), FIRST SOLAR INC (FSLR, -0.0% weight, -84.6% shares), GARTNER INC (IT, -0.0% weight, -82.3% shares), VANGUARD TOT WORLD STK ETF (VT, -0.0% weight, -80.4% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.