David M. Polen
Polen Capital Management
Polen Capital Management Portfolio 13F
Polen Capital Management Holdings Activity
- Portfolio value:
- $23.42B≈ (-$7B≈)
- Previous value:
- $30.80B≈
- # of changes:
- 279
- New positions:
- 56
- Reported for:
- 31 Dec 2025 (Q4)
- Latest filing date:
- 12 Feb 2026
Polen Capital Management has disclosed a total of 279 changes to the portfolio in the (2025 Q4) SEC report(s): increased the number of shares of 45, bought 56 totally new, decreased the number of shares of 121 and completely sold out 57 position(s).
What stocks did Polen Capital Management buy in 2025 Q4?
During 2025 Q4 Polen Capital Management has bought 101 securities out of which top 5 purchases (by % change to portfolio) were (NOW) ServiceNow Inc (added shares +405.37%), (ISRG) Intuitive Surgical Inc (new buy), (IWF) iShares Russell 1000 Growth ETF (added shares +240.61%), (ACWI) iShares MSCI ACWI ETF (added shares +220.37%) and (TSM) Taiwan Semiconductor Manufacturing (added shares +13.29%).
In the 2025 Q4 report(s) the following changes have been made to the top investments: (AMZN) Amazon.com Inc (reduced shares -23.05%), (MSFT) Microsoft Corp (reduced shares -22.11%), (ORCL) Oracle Corp (reduced shares -22.64%), (LLY) Eli Lilly and Company (reduced shares -23.22%) and (GOOG) Alphabet Inc, CL-C (reduced shares -13.41%).
279 results
| History | Ticker | Name |
% or activity |
Shares change |
Shares held after* |
% change to portfolio |
Reported price* |
% difference current price* |
% of portfolio |
Held since* | Held for* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Artivion Inc
|
new
|
+25,259
|
25,259
|
+0%
|
$45.61
|
-41.11%($26.86)
|
0.00%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
AXT Inc
|
new
|
+22,215
|
22,215
|
+0%
|
$16.35
|
+275.84%($61.45)
|
0.00%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Babcock & Wilcox Enterprises Inc
|
new
|
+122,280
|
122,280
|
+0%
|
$6.34
|
+49.87%($9.50)
|
0.00%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Butterfly Network Inc
|
new
|
+472,971
|
472,971
|
+0.01%
|
$3.80
|
+90.92%($7.26)
|
0.01%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Canadian Solar Inc
|
new
|
+22,223
|
22,223
|
+0%
|
$23.77
|
-36.47%($15.10)
|
0.00%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Celcuity LLC
|
new
|
+4,660
|
4,660
|
+0%
|
$99.74
|
-13.00%($86.77)
|
0.00%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Clear Channel Outdoor Holdings Inc
|
new
|
+95,912
|
95,912
|
+0%
|
$2.21
|
+8.82%($2.40)
|
0.00%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Cooper Stnd
|
new
|
+7,635
|
7,635
|
+0%
|
$32.83
|
-12.23%($28.82)
|
0.00%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Cytokinetics Inc
|
new
|
+9,584
|
9,584
|
+0%
|
$63.54
|
+23.78%($78.65)
|
0.00%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Denali Therapeutics Inc
|
new
|
+26,900
|
26,900
|
+0%
|
$16.51
|
+41.31%($23.33)
|
0.00%
|
2025 Q4
|
≈ 0.25 years
|
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted.