POLEN CAPITAL MANAGEMENT LLC

Boca Raton, FL · CIK 1034524 · 13F filing filed 2026-08-04

SEC-registered investment adviser since 1980 · limited liability company

Assets managed$24.1bn
Staff168 · 22 in investment roles
Main clients (by assets)Other advisers 37%, Mutual funds and ETFs 22%, Private funds 16%
Private funds2 (1 hedge) · $108.6m gross assets
Form ADV · 2026-09-30SEC adviser record

Legal entityPOLEN CAPITAL MANAGEMENT, L.L.C. (US)

Kindhedge funds, structured credit, institutions
Others nearbyWaltham, MA, Boca Raton, FL, London, Chicago, IL, Boston, MA
FamilyPOLEN CAPITAL MANAGEMENT LLC · 4 related pages

As an employer

Offices in1 country
Private fundshedge 1, other private 1

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Boca Raton, FL (main office)United States	United States	about 17
Chicago, ILUnited States	United States	4
Waltham, MAUnited States	United States	1
Boston, MAUnited States	United States

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$11.6bn reported value -19.7% vs Q1 2026

219positions

58.7%in top 10

68 new 60 added 91 reduced 70 sold out vs Q1 2026

Also in the report of:

PERSONAL CFO SOLUTIONS, LLC – $26.7m of shares are in both reports
Advisory Services Network, LLC – $1.9m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ELI LILLY & CO COM LLY	LLY	666,912	$799.9m6.89%	6.89%	Reduced -247.6k	-247,645 -27.1%
2	NVIDIA CORPORATION COM NVDA	NVDA	3,978,446	$796.0m6.86%	6.86%	Reduced -125.8k	-125,801 -3.1%
3	MICROSOFT CORP COM MSFT	MSFT	2,098,613	$782.8m6.74%	6.74%	Reduced -747.3k	-747,275 -26.3%
4	ALPHABET INC CAP STK CL C GOOG	GOOG	2,165,218	$765.0m6.59%	6.59%	Reduced -781.4k	-781,419 -26.5%
5	BROADCOM INC COM AVGO	AVGO	1,960,209	$740.5m6.38%	6.38%	Reduced -737.4k	-737,358 -27.3%
6	AMAZON COM INC COM AMZN	AMZN	2,809,953	$669.7m5.77%	5.77%	Reduced -1.1m	-1,086,786 -27.9%
7	VISA INC COM CL A V	V	1,805,617	$619.5m5.34%	5.34%	Reduced -640.1k	-640,143 -26.2%
8	MASTERCARD INCORPORATED CL A MA	MA	1,141,958	$586.5m5.05%	5.05%	Reduced -399.4k	-399,430 -25.9%
9	SERVICENOW INC COM NOW	NOW	5,370,172	$533.2m4.59%	4.59%	Reduced -1.9m	-1,899,281 -26.1%
10	ORACLE CORP COM ORCL	ORCL	3,574,259	$523.8m4.51%	4.51%	Reduced -1.4m	-1,449,998 -28.9%
11	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	4,577,524	$522.7m4.50%	4.50%	Reduced -1.7m	-1,729,216 -27.4%
12	MSCI INC COM MSCI	MSCI	671,797	$376.2m3.24%	3.24%	Reduced -257.7k	-257,712 -27.7%
13	LAM RESEARCH CORP COM NEW LRCX	LRCX	859,036	$372.2m3.21%	3.21%	Reduced -195.5k	-195,459 -18.5%
14	STARBUCKS CORP COM SBUX	SBUX	3,550,773	$362.9m3.13%	3.13%	Reduced -1.5m	-1,504,715 -29.8%
15	IDEXX LABS INC COM IDXX	IDXX	532,384	$280.3m2.41%	2.41%	Reduced -163.4k	-163,427 -23.5%
16	GE AEROSPACE COM NEW GE	GE	690,493	$258.1m2.22%	2.22%	New
17	COSTAR GROUP INC COM CSGP	CSGP	8,759,314	$248.1m2.14%	2.14%	Reduced -3.8m	-3,811,054 -30.3%
18	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	501,210	$239.4m2.06%	2.06%	Added +326.5k	+326,524 186.9%
19	AIRBNB INC COM CL A ABNB	ABNB	1,649,884	$236.1m2.03%	2.03%	Reduced -623.9k	-623,863 -27.4%
20	GE VERNOVA INC COM GEV	GEV	196,612	$231.0m1.99%	1.99%	New
21	META PLATFORMS INC CL A META	META	329,573	$185.6m1.60%	1.60%	Reduced -147.1k	-147,090 -30.9%
22	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	447,944	$178.1m1.53%	1.53%	Reduced -158.9k	-158,882 -26.2%
23	ATI INC COM ATI	ATI	819,236	$161.5m1.39%	1.39%	New
24	HOWMET AEROSPACE INC COM HWM	HWM	457,124	$122.9m1.06%	1.06%	New
25	EMCOR GROUP INC COM EME	EME	103,123	$85.6m0.74%	0.74%	New
26	ISHARES TR RUS 1000 GRW ETF IWF	IWF	613,639	$76.2m0.66%	0.66%	Reduced -1.0m	-1,013,813 -62.3%
27	ROLLINS INC COM ROL	ROL	1,590,903	$66.4m0.57%	0.57%	Reduced -586.8k	-586,775 -26.9%
28	AON PLC SHS CL A AON	AON	164,035	$54.4m0.47%	0.47%	Reduced -1.2m	-1,190,018 -87.9%
29	MERCADOLIBRE INC COM MELI	MELI	25,926	$44.0m0.38%	0.38%	Reduced -8.5k	-8,526 -24.8%
30	UBER TECHNOLOGIES INC COM UBER	UBER	570,063	$41.1m0.35%	0.35%	Reduced -2.3m	-2,347,865 -80.5%
31	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	81,578	$37.5m0.32%	0.32%	Reduced -25.9k	-25,851 -24.1%
32	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	15,427	$30.7m0.26%	0.26%	Reduced -645	-645 -4.0%
33	ZOETIS INC CL A ZTS	ZTS	320,420	$23.0m0.20%	0.20%	Reduced -3.9m	-3,902,656 -92.4%
34	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	152,800	$19.0m0.16%	0.16%	Reduced -1.2m	-1,201,948 -88.7%
35	ISHARES TR MSCI ACWI ETF ACWI	ACWI	120,540	$18.9m0.16%	0.16%	Reduced -185.9k	-185,875 -60.7%
36	SYNOPSYS INC COM SNPS	SNPS	41,267	$18.4m0.16%	0.16%	Reduced -630.0k	-629,966 -93.8%
37	DIGITALOCEAN HLDGS INC COM DOCN	DOCN	101,350	$15.9m0.14%	0.14%	Added +5.1k	+5,144 5.3%
38	TERAWULF INC COM WULF	WULF	563,139	$13.9m0.12%	0.12%	Added +456.8k	+456,764 429.4%
39	CECO ENVIRONMENTAL CORP COM CECO	CECO	137,977	$12.5m0.11%	0.11%	Reduced -5.3k	-5,254 -3.7%
40	BLOOM ENERGY CORP COM CL A BE	BE	40,838	$12.4m0.11%	0.11%	Reduced -26.4k	-26,393 -39.3%
41	BEL FUSE INC CL B BELFB	BELFB	32,845	$10.9m0.09%	0.09%	Reduced -10.5k	-10,494 -24.2%
42	NU HLDGS LTD ORD SHS CL A NU	NU	752,747	$10.1m0.09%	0.09%	Reduced -464.5k	-464,491 -38.2%
43	ALPHABET INC CAP STK CL A GOOGL	GOOGL	27,810	$9.9m0.09%	0.09%	Reduced -385	-385 -1.4%
44	NLIGHT INC COM LASR	LASR	133,448	$9.3m0.08%	0.08%	Added +43.7k	+43,657 48.6%
45	JFROG LTD ORD SHS FROG	FROG	93,117	$8.5m0.07%	0.07%	Added +72.9k	+72,877 360.1%
46	POWELL INDS INC COM POWL	POWL	29,181	$8.4m0.07%	0.07%	Reduced -23.3k	-23,274 -44.4%
47	ARGAN INC COM AGX	AGX	10,214	$8.2m0.07%	0.07%	Reduced -7.8k	-7,767 -43.2%
48	MODINE MFG CO COM MOD	MOD	29,335	$7.8m0.07%	0.07%	Added +293	+293 1.0%
49	CLEAR SECURE INC COM CL A YOU	YOU	131,773	$7.3m0.06%	0.06%	Reduced -14.1k	-14,127 -9.7%
50	BROOKDALE SR LIVING INC COM BKD	BKD	451,082	$7.3m0.06%	0.06%	Added +30.7k	+30,708 7.3%
51	BWX TECHNOLOGIES INC COM BWXT	BWXT	36,974	$7.2m0.06%	0.06%	Reduced -1.1k	-1,149 -3.0%
52	CAMECO CORP COM CCJ	CCJ	68,968	$7.0m0.06%	0.06%	Added +48.8k	+48,758 241.3%
53	VSE CORP COM VSEC	VSEC	29,853	$6.8m0.06%	0.06%	Reduced -12.2k	-12,187 -29.0%
54	SPHERE ENTERTAINMENT CO CL A SPHR	SPHR	38,529	$6.7m0.06%	0.06%	Reduced -9.8k	-9,764 -20.2%
55	SOLARIS ENERGY INFRAS INC COM CL A SEI	SEI	80,324	$6.5m0.06%	0.06%	Reduced -3.4k	-3,351 -4.0%
56	AMPRIUS TECHNOLOGIES INC COMMON STOCK AMPX	AMPX	465,598	$6.5m0.06%	0.06%	Added +43.5k	+43,453 10.3%
57	AEHR TEST SYS COM AEHR	AEHR	66,157	$6.4m0.05%	0.05%	Reduced -13.2k	-13,239 -16.7%
58	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	73,200	$6.3m0.05%	0.05%	Reduced -23.0k	-22,980 -23.9%
59	DLOCAL LTD CLASS A COM DLO	DLO	456,087	$5.9m0.05%	0.05%	Reduced -2.8k	-2,822 -0.6%
60	THE REALREAL INC COM REAL	REAL	496,556	$5.9m0.05%	0.05%	Added +274.7k	+274,691 123.8%
61	TWIST BIOSCIENCE CORP COM TWST	TWST	55,310	$5.7m0.05%	0.05%	Added +31.3k	+31,273 130.1%
62	VICOR CORP COM VICR	VICR	14,924	$5.7m0.05%	0.05%	Added +1.0k	+1,025 7.4%
63	IES HOLDINGS INC COM IESC	IESC	7,275	$5.3m0.05%	0.05%	Reduced -4.7k	-4,678 -39.1%
64	GUARDANT HEALTH INC COM GH	GH	34,372	$5.2m0.04%	0.04%	Reduced -353	-353 -1.0%
65	LIGHTPATH TECHNOLOGIES INC COM CL A LPTH	LPTH	314,476	$5.1m0.04%	0.04%	Added +235.4k	+235,421 297.8%
66	PLANET LABS PBC COM CL A PL	PL	149,211	$4.9m0.04%	0.04%	Reduced -64.7k	-64,703 -30.2%
67	VISHAY PRECISION GROUP INC COM VPG	VPG	32,744	$4.9m0.04%	0.04%	Added +8.5k	+8,481 35.0%
68	NETFLIX INC COM NFLX	NFLX	68,139	$4.9m0.04%	0.04%	Reduced -15.1k	-15,146 -18.2%
69	RACKSPACE TECHNOLOGY INC COM RXT	RXT	709,189	$4.6m0.04%	0.04%	New
70	FLOTEK INDS INC DEL COM NEW FTK	FTK	195,504	$4.6m0.04%	0.04%	Added +167.9k	+167,862 607.3%
71	SAP SE SPON ADR SAP	SAP	28,773	$4.4m0.04%	0.04%	Reduced -37.9k	-37,901 -56.9%
72	CARPENTER TECHNOLOGY CORP COM CRS	CRS	6,756	$4.2m0.04%	0.04%	Reduced -5.7k	-5,675 -45.6%
73	SITIME CORP COM SITM	SITM	5,555	$4.1m0.04%	0.04%	Reduced -1.5k	-1,546 -21.8%
74	BUTTERFLY NETWORK INC COM CL A BFLY	BFLY	480,502	$4.0m0.03%	0.03%	Added +74.2k	+74,242 18.3%
75	AXT INC COM AXTI	AXTI	52,707	$3.8m0.03%	0.03%	Added +3.3k	+3,339 6.8%
76	TESLA INC COM TSLA	TSLA	8,974	$3.8m0.03%	0.03%	Added +1.6k	+1,606 21.8%
77	APPLIED DIGITAL CORP COM NEW APLD	APLD	98,328	$3.7m0.03%	0.03%	New
78	VEECO INSTRS INC DEL COM VECO	VECO	48,314	$3.7m0.03%	0.03%	Added +36.3k	+36,286 301.7%
79	BABCOCK & WILCOX ENTERPRISES COM BW	BW	249,411	$3.5m0.03%	0.03%	Reduced -22.1k	-22,081 -8.1%
80	ASTRAZENECA PLC ORD AZN	AZN	18,621	$3.5m0.03%	0.03%	Reduced -7.4k	-7,425 -28.5%
81	TENCENT MUSIC ENTMT GROUP SPON ADS TME	TME	407,182	$3.4m0.03%	0.03%	Reduced -3.1k	-3,096 -0.8%
82	AAR CORP COM AIR	AIR	23,561	$3.4m0.03%	0.03%	Added +7.4k	+7,353 45.4%
83	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	12,833	$3.4m0.03%	0.03%	Reduced -6.5k	-6,543 -33.8%
84	TAYSHA GENE THERAPIES INC COM SHS TSHA	TSHA	489,219	$3.3m0.03%	0.03%	Added +169.5k	+169,471 53.0%
85	LINDBLAD EXPEDITIONS HLDGS I COM LIND	LIND	114,915	$3.2m0.03%	0.03%	Added +12.8k	+12,788 12.5%
86	ASTRONICS CORP COM ATRO	ATRO	39,379	$3.2m0.03%	0.03%	Reduced -3.0k	-3,031 -7.2%
87	LITTELFUSE INC COM LFUS	LFUS	7,016	$3.2m0.03%	0.03%	Added +2.1k	+2,057 41.5%
88	ASTEC INDS INC COM ASTE	ASTE	52,160	$3.2m0.03%	0.03%	Added +11.0k	+10,988 26.7%
89	LIFE TIME GROUP HOLDINGS INC COMMON STOCK LTH	LTH	76,705	$3.1m0.03%	0.03%	Added +36.2k	+36,224 89.5%
90	ENTRAVISION COMMUNICATIONS C CL A EVC	EVC	236,939	$3.1m0.03%	0.03%	New
91	MILLICOM INTL CELLULAR S A COM STK TIGO	TIGO	33,602	$3.0m0.03%	0.03%	Reduced -2.5k	-2,494 -6.9%
92	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	4,018	$3.0m0.03%	0.03%	Added +261	+261 7.0%
93	JOBY AVIATION INC COMMON STOCK JOBY	JOBY	332,157	$3.0m0.03%	0.03%	Added +37.4k	+37,403 12.7%
94	COPA HOLDINGS SA CL A CPA	CPA	18,948	$2.9m0.03%	0.03%	New
95	CARDINAL INFRASTRUCTURE GROU CL A CDNL	CDNL	30,787	$2.9m0.02%	0.02%	New
96	SCHOLAR ROCK HLDG CORP COM SRRK	SRRK	52,132	$2.9m0.02%	0.02%	Added +181	+181 0.3%
97	APPLIED OPTOELECTRONICS INC COM AAOI	AAOI	19,272	$2.9m0.02%	0.02%	Added +4.4k	+4,359 29.2%
98	PROTO LABS INC COM PRLB	PRLB	35,011	$2.9m0.02%	0.02%	Reduced -2.6k	-2,583 -6.9%
99	OPPENHEIMER HLDGS INC CL A NON VTG OPY	OPY	26,834	$2.8m0.02%	0.02%	Reduced -120	-120 -0.5%
100	PREFORMED LINE PRODS CO COM PLPC	PLPC	6,875	$2.8m0.02%	0.02%	Reduced -466	-466 -6.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
INTUIT INTU	INTU	19,853	$8.6m19.9k shares
FASTLY INC FSLY	FSLY	238,518	$6.9m238.5k shares
ISHARES TR MCHI	MCHI	96,813	$5.4m96.8k shares
MEDTRONIC PLC MDT	MDT	60,661	$5.3m60.7k shares
ISHARES INC EWT	EWT	72,894	$5.2m72.9k shares
GENEDX HOLDINGS CORP WGS	WGS	77,419	$5.0m77.4k shares
PAYCOM SOFTWARE INC PAYC	PAYC	30,831	$3.7m30.8k shares
FIGURE TECHNOLOGY SOLUTIO FIGR	FIGR	105,634	$3.6m105.6k shares
KARMAN HLDGS INC KRMN	KRMN	44,066	$3.5m44.1k shares
CORPORACION AMER ARPTS S A CAAP	CAAP	106,069	$2.7m106.1k shares
KRATOS DEFENSE & SEC SOLUTIO KTOS	KTOS	29,265	$2.1m29.3k shares
IRADIMED CORP IRMD	IRMD	20,744	$2.0m20.7k shares
CELCUITY INC CELC	CELC	17,181	$2.0m17.2k shares
RAMACO RES INC METC	METC	119,574	$1.8m119.6k shares
FIGS INC FIGS	FIGS	121,437	$1.8m121.4k shares
SHAKE SHACK INC SHAK	SHAK	18,840	$1.7m18.8k shares
IRSA INVERSIONES Y REP S A IRS	IRS	94,136	$1.5m94.1k shares
AXOS FINANCIAL INC AX	AX	16,849	$1.4m16.8k shares
NUVALENT INC		12,744	$1.3m12.7k shares
ESQUIRE FINL HLDGS INC ESQ	ESQ	11,713	$1.3m11.7k shares
DENALI THERAPEUTICS INC DNLI	DNLI	65,301	$1.3m65.3k shares
CIRCLE INTERNET GROUP INC CRCL	CRCL	13,098	$1.2m13.1k shares
IONQ INC IONQ	IONQ	42,109	$1.2m42.1k shares
IVANHOE ELECTRIC INC IE	IE	97,186	$1.1m97.2k shares
ISHARES TR SGOV	SGOV	11,267	$1.1m11.3k shares