POLEN CAPITAL MANAGEMENT LLC

Q4 2025 13F-HR Holdings

Location
Boca Raton, FL
Holdings as of
12/31/2025
Date filed
2/12/2026
Form type
13F-HR
Num holdings
234
Total value ($000)
$23,420,875
Net value change ($000)
-7,381,526 (-24.0%)
New positions
56
Sold out positions
57
Turnover %
2.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/12/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
ISRG 477,225 NEW
IWF 260,594 244.2%
GOOGL 130,756 11.6%
LLY 100,824 8.1%
ACWI 60,000 227.9%
SPOT 33,882 438.3%
TSM 11,507 23.3%
VUG 10,584 189.8%
IVV 9,362 NEW
ACWX 4,504 112.5%
Top Reduces (Value $000, Stocks/ETFs)
ORCL -1,211,812 -46.4%
MSFT -709,244 -27.3%
NFLX -557,844 -97.2%
ABT -497,488 -50.1%
SHOP -484,476 -29.5%
AMZN -471,948 -19.1%
WDAY -445,989 -99.5%
ZTS -399,979 -36.4%
MA -342,287 -22.0%
V -297,900 -20.1%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 5,132 (0.0% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type