Polen Capital Management reduced its Zoetis Inc (ZTS) position by 92% in 2026 Q2, according to the 13F-HR filed with the SEC on August 4, 2026. The stake went from 4.22M to 320K shares, worth about $23M, and from 3.45% to 0.2% of the reported portfolio.
What did the 2026 Q2 filing report for ZTS?
As of June 30, 2026, from the 13F-HR filed August 4, 2026.
| Before | After | |
|---|---|---|
| Shares | 4.22M | 320K |
| Shares sold | -3.9M (92%) | |
| Reported value | $499.2M | $23M |
| Portfolio weight | 3.45% | 0.2% |
| Rank in portfolio | 33rd of 219 |
How much did Polen Capital Management cut ZTS?
Polen Capital Management sold 3.9M shares of ZTS during 2026 Q2, cutting the stake from 4.22M to 320K. The reported value of the position fell by about $476.2M, from about $499.2M to about $23M.
Where does ZTS sit in the Polen Capital Management portfolio?
ZTS ranks 33rd of 219 stock positions in the Polen Capital Management portfolio at 0.2%, below the fund's average stock position of 0%. The largest stock position is LLY at 6.89%. Next come NVDA at 6.86% and MSFT at 6.74%. The three largest stocks together are 20.49% of the book. The ZTS cut was the 6th largest of the quarter's 289 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Polen Capital Management reported 219 stock positions, with 68 opened and 70 closed. The total portfolio value is about $11.6B, down 20% from the prior quarter.
How long has Polen Capital Management held ZTS?
Polen Capital Management first reported ZTS in the quarter ended December 31, 2017. The weight peaked at 6.04% in 2019 Q3. This is the second straight quarter of cuts. Last quarter the fund trimmed it by 24%. Every reported trade is on the Polen Capital Management ZTS trade history page.
Did other funds buy or sell ZTS in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 4, 2026, 5 hold ZTS. Of those, 1 added to the position this quarter and 1 trimmed it. The largest buyers of ZTS this quarter were Tweedy, Browne Co All Funds (US), Mairs & Power Growth Fund and Phil Town. The largest sellers were Terry Smith, David Rolfe and Paul Lountzis. Every tracked holder of ZTS is on the ZTS ownership page.
FAQ
How many ZTS shares did Polen Capital Management sell in 2026 Q2?
Polen Capital Management sold 3.9M shares of ZTS, 92% of the position, leaving 320K shares.
What remains of the ZTS position of Polen Capital Management?
Polen Capital Management still holds 320K shares of ZTS, worth about $23M at June 30, 2026 prices.
How much of the Polen Capital Management portfolio is ZTS now?
ZTS is 0.2% of the Polen Capital Management portfolio, down from 3.45% a quarter earlier.
Did other funds trim ZTS in 2026 Q2?
Among the 5 other tracked funds that hold ZTS, 1 trimmed it in 2026 Q2 and 1 added to it.