POLEN CAPITAL MANAGEMENT LLC: MICROSOFT (MSFT): Quarterly 13F Position History
As of Q1 2026, POLEN CAPITAL MANAGEMENT LLC reported 2,845,888 shares of MICROSOFT (MSFT), worth $1.1B and representing 7.3% of its 13F equity book. Quarter-over-quarter share count change: 1,064,097 (-27.2%) . The position first appeared in Q3 2017 and has been disclosed across 35 13F-HR filings in Pactolio's tracked window.
- 2,845,888Shares Held (Latest Filing)
- $1.1BReported Market Value (Latest Filing)
- 7.3%Portfolio Weight (% of 13F Equity Book)
- 1,064,097Quarter-over-Quarter Share Change
- -$837.5MQuarter-over-Quarter Value Change
- 17,657,952Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 35 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,845,888 | 1,064,097 | -27.2% | $1.1B | 7.3% | $370.2 |
| Q4 2025 | 3,909,985 | 1,110,173 | -22.1% | $1.9B | 8.1% | $483.6 |
| Q3 2025 | 5,020,158 | 405,965 | -7.5% | $2.6B | 8.4% | $518.0 |
| Q2 2025 | 5,426,123 | 514,983 | -8.7% | $2.7B | 8.3% | $497.4 |
| Q1 2025 | 5,941,106 | 469,776 | -7.3% | $2.2B | 7.0% | $375.4 |
| Q4 2024 | 6,410,882 | 601,583 | -8.6% | $2.7B | 7.3% | $421.5 |
| Q3 2024 | 7,012,465 | 1,973,084 | -22.0% | $3.0B | 7.8% | $430.3 |
| Q2 2024 | 8,985,549 | 679,823 | -7.0% | $4.0B | 10.1% | $446.9 |
| Q1 2024 | 9,665,372 | 290,210 | -2.9% | $4.1B | 9.4% | $420.7 |
| Q4 2023 | 9,955,582 | +2,804,205 | +39.2% | $3.7B | 9.0% | $376.1 |
| Q3 2023 | 7,151,377 | 272,624 | -3.7% | $2.3B | 5.9% | $315.8 |
| Q2 2023 | 7,424,001 | 1,817,269 | -19.7% | $2.5B | 6.3% | $340.5 |
| Q1 2023 | 9,241,270 | 252,929 | -2.7% | $2.7B | 7.0% | $288.3 |
| Q4 2022 | 9,494,199 | 106,305 | -1.1% | $2.3B | 6.6% | $239.8 |
| Q3 2022 | 9,600,504 | +131,430 | +1.4% | $2.2B | 6.3% | $232.9 |
| Q2 2022 | 9,469,074 | 322,028 | -3.3% | $2.4B | 6.4% | $256.8 |
| Q1 2022 | 9,791,102 | 372,139 | -3.7% | $3.0B | 5.9% | $308.3 |
| Q4 2021 | 10,163,241 | +122,871 | +1.2% | $3.4B | 5.7% | $336.3 |
| Q3 2021 | 10,040,370 | 5,995,611 | -37.4% | $2.8B | 5.2% | $281.9 |
| Q2 2021 | 16,035,981 | +653,663 | +4.2% | $4.3B | 8.3% | $270.9 |
| Q1 2021 | 15,382,318 | +224,044 | +1.5% | $3.6B | 8.2% | $235.8 |
| Q4 2020 | 15,158,274 | +434,777 | +3.0% | $3.4B | 7.8% | $222.4 |
| Q3 2020 | 14,723,497 | 2,934,455 | -16.6% | $3.1B | 8.3% | $210.3 |
| Q2 2020 | 17,657,952 | +1,609,874 | +10.0% | $3.6B | 10.9% | $203.5 |
| Q1 2020 | 16,048,078 | +448,311 | +2.9% | $2.5B | 11.0% | $157.7 |
| Q4 2019 | 15,599,767 | 576,663 | -3.6% | $2.5B | 9.7% | $157.7 |
| Q3 2019 | 16,176,430 | +580,985 | +3.7% | $2.2B | 10.4% | $139.0 |
| Q2 2019 | 15,595,445 | +413,770 | +2.7% | $2.1B | 10.1% | $134.0 |
| Q1 2019 | 15,181,675 | +975,560 | +6.9% | $1.8B | 9.4% | $117.9 |
| Q4 2018 | 14,206,115 | +387,514 | +2.8% | $1.4B | 9.4% | $101.6 |
| Q3 2018 | 13,818,601 | +114,047 | +0.8% | $1.6B | 9.0% | $114.4 |
| Q2 2018 | 13,704,554 | +2,692,288 | +24.4% | $1.4B | 8.7% | $98.6 |
| Q1 2018 | 11,012,266 | +3,781,879 | +52.3% | $1.0B | 7.1% | $91.3 |
| Q4 2017 | 7,230,387 | +149,172 | +2.1% | $618.5M | 4.6% | $85.5 |
| Q3 2017 | 7,081,215 | — | — | $527.5M | 4.2% | $74.5 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did POLEN CAPITAL MANAGEMENT LLC first disclose a MSFT position in 13F-HR filings?
POLEN CAPITAL MANAGEMENT LLC first reported MICROSOFT (MSFT) on its 13F-HR filing for the period ending 2017-09-30 (Q3 2017). The position has appeared on 35 reported quarters within Pactolio's tracked window.
What was POLEN CAPITAL MANAGEMENT LLC's most recent quarter-over-quarter share-count change in MSFT?
Between Q4 2025 and Q1 2026, POLEN CAPITAL MANAGEMENT LLC reduced its MSFT position by 1,064,097 shares (-27.2%), leaving 2,845,888 shares at a market value of $1.1B.
Does the implied price-per-share represent POLEN CAPITAL MANAGEMENT LLC's cost basis in MSFT?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.