MondegarAI
POLEN CAPITAL MANAGEMENT LLC

Q2 2025 · 13F-HR

POLEN CAPITAL MANAGEMENT LLCholdings as filed

Filed 2025-08-13 · accession 0001172661-25-003133

$32.59B
Reported value
240
Positions
2025-06-30
Period end
View analyzed profile →PRO

The Brief · POLEN CAPITAL MANAGEMENT LLC · Q2 2025

AI · grounded in 13F

Polen Capital Management LLC established a new position in AMZN valued at $3.05B. The fund also initiated new stakes in MSFT for $2.69B and ORCL for $2.62B. Additional new positions include V at $1.99B, SHOP at $1.69B, and MA at $1.68B.

Holdings as filed

CUSIPTickerIssuerValue% port.SharesClassVoting
023135106AMZNAMAZON COM INC$3.05B9.37%13,921,840CommonSOLE
594918104MSFTMICROSOFT CORP$2.70B8.28%5,426,123CommonSOLE
68389X105ORCLORACLE CORP$2.62B8.04%11,983,204CommonSOLE
92826C839VVISA INC$1.99B6.11%5,611,098CommonSOLE
82509L107SHOPSHOPIFY INC$1.69B5.20%14,690,160CommonSOLE
57636Q104MAMASTERCARD INCORPORATED$1.68B5.16%2,992,048CommonSOLE
002824100ABTABBOTT LABS$1.45B4.45%10,669,498CommonSOLE
532457108LLYELI LILLY & CO$1.35B4.16%1,737,910CommonSOLE
98978V103ZTSZOETIS INC$1.31B4.03%8,421,026CommonSOLE
00724F101ADBEADOBE INC$1.30B3.99%3,356,781CommonSOLE
81762P102NOWSERVICENOW INC$1.21B3.71%1,176,895CommonSOLE
02079K107GOOGALPHABET INC$1.16B3.57%6,562,265CommonSOLE
64110L106NFLXNETFLIX INC$1.09B3.35%815,234CommonSOLE
55354G100MSCIMSCI INC$1.00B3.08%1,741,389CommonSOLE
G0403H108AONAON PLC$979.5M3.01%2,745,627CommonSOLE
009066101ABNBAIRBNB INC$973.3M2.99%7,354,228CommonSOLE
883556102TMOTHERMO FISHER SCIENTIFIC INC$888.1M2.73%2,190,348CommonSOLE
855244109SBUXSTARBUCKS CORP$885.9M2.72%9,668,618CommonSOLE
G1151C101ACNACCENTURE PLC IRELAND$880.9M2.70%2,947,158CommonSOLE
98138H101WDAYWORKDAY INC$857.3M2.63%3,571,930CommonSOLE
70432V102PAYCPAYCOM SOFTWARE INC$670.2M2.06%2,896,489CommonSOLE
45168D104IDXXIDEXX LABS INC$641.2M1.97%1,195,425CommonSOLE
22160N109CSGPCOSTAR GROUP INC$556.7M1.71%6,923,828CommonSOLE
366651107ITGARTNER INC$315.0M0.97%779,216CommonSOLE
58733R102MELIMERCADOLIBRE INC$162.5M0.50%62,189CommonSOLE
803054204SAPSAP SE$147.9M0.45%486,471CommonSOLE
02079K305GOOGLALPHABET INC$109.3M0.34%620,019CommonSOLE
G96629103WTWWILLIS TOWERS WATSON PLC LTD$96.3M0.30%314,075CommonSOLE
464287614IWFISHARES TR$95.8M0.29%225,609CommonSOLE
G4705A100ICLRICON PLC$78.6M0.24%540,410CommonSOLE
40415F101HDBHDFC BANK LTD$43.8M0.13%570,679CommonSOLE
N07059210ASMLASML HOLDING N V$35.7M0.11%44,525CommonSOLE
G6683N103NUNU HLDGS LTD$34.1M0.10%2,486,803CommonSOLE
M7S64H106MNDYMONDAY COM LTD$30.7M0.09%97,575CommonSOLE
053015103ADPAUTOMATIC DATA PROCESSING IN$29.2M0.09%94,535CommonSOLE
H5919C104ONONON HLDG AG$25.5M0.08%489,827CommonSOLE
L44385109GLOBGLOBANT S A$24.8M0.08%272,981CommonSOLE
L8681T102SPOTSPOTIFY TECHNOLOGY S A$22.6M0.07%29,446CommonSOLE
G5960L103MDTMEDTRONIC PLC$20.5M0.06%234,886CommonSOLE
88034P109TMETENCENT MUSIC ENTMT GROUP$19.3M0.06%991,883CommonSOLE
45104G104IBNICICI BANK LIMITED$16.8M0.05%500,475CommonSOLE
81141R100SESEA LTD$13.4M0.04%83,932CommonSOLE
670100205NVONOVO-NORDISK A S$12.3M0.04%178,669CommonSOLE
464288257ACWIISHARES TR$11.4M0.03%88,558CommonSOLE
V5633W109MMYTMAKEMYTRIP LIMITED MAURITIUS$10.3M0.03%104,962CommonSOLE
04010E109AGXARGAN INC$9.9M0.03%44,821CommonSOLE
81663L200WGSGENEDX HOLDINGS CORP$7.5M0.02%80,980CommonSOLE
G29018101DLODLOCAL LTD$6.9M0.02%605,885CommonSOLE
722304102PDDPDD HOLDINGS INC$6.7M0.02%64,309CommonSOLE
05605H100BWXTBWX TECHNOLOGIES INC$5.9M0.02%41,037CommonSOLE
922908736VUGVANGUARD INDEX FDS$5.7M0.02%12,907CommonSOLE
739128106POWLPOWELL INDS INC$5.3M0.02%25,173CommonSOLE
918284100VSECVSE CORP$5.2M0.02%39,583CommonSOLE
Y4600W108KAROKAROOOOO LTD$4.2M0.01%84,767CommonSOLE
44951W106IESCIES HLDGS INC$4.1M0.01%13,821CommonSOLE
146869102CVNACARVANA CO$3.9M0.01%11,695CommonSOLE
G65163100JOBYJOBY AVIATION INC$3.8M0.01%355,465CommonSOLE
37954Y889CATHGLOBAL X FDS$3.5M0.01%46,993CommonSOLE
23834J201DAVEDAVE INC$3.4M0.01%12,621CommonSOLE
13321L108CCJCAMECO CORP$3.4M0.01%45,616CommonSOLE
67079K100SMRNUSCALE PWR CORP$3.4M0.01%85,426CommonSOLE
83406F102SOFISOFI TECHNOLOGIES INC$3.1M0.01%170,896CommonSOLE
67066G104NVDANVIDIA CORPORATION$2.7M0.01%17,042CommonSOLE
144285103CRSCARPENTER TECHNOLOGY CORP$2.6M0.01%9,475CommonSOLE
M7518J104ODDODDITY TECH LTD$2.5M0.01%33,751CommonSOLE
93403J106WRBYWARBY PARKER INC$2.3M0.01%105,204CommonSOLE
204166102CVLTCOMMVAULT SYS INC$2.3M0.01%13,142CommonSOLE
450047303IRSIRSA INVERSIONES Y REP S A$2.3M0.01%163,598CommonSOLE
G25457105CRDOCREDO TECHNOLOGY GROUP HOLDI$2.3M0.01%24,417CommonSOLE
53263P105LMBLIMBACH HLDGS INC$2.2M0.01%15,717CommonSOLE
88160R101TSLATESLA INC$2.1M0.01%6,722CommonSOLE
40416E103HCIHCI GROUP INC$2.1M0.01%13,972CommonSOLE
03945R102ACHRARCHER AVIATION INC$2.1M0.01%194,666CommonSOLE
00827B106AFRMAFFIRM HLDGS INC$2.1M0.01%30,027CommonSOLE
54150E104LOMALOMA NEGRA C I A S A MTN 14$2.1M0.01%187,687CommonSOLE
21874C102CNMCORE & MAIN INC$2.1M0.01%34,013CommonSOLE
293594107ENVXENOVIX CORPORATION$2.0M0.01%193,681CommonSOLE
077347300BELFBBEL FUSE INC$2.0M0.01%20,386CommonSOLE
399909100GGALGRUPO FINANCIERO GALICIA S.A$2.0M0.01%39,394CommonSOLE
91324P102UNHUNITEDHEALTH GROUP INC$1.9M0.01%6,174CommonSOLE
20459V105GPGICOMPOSECURE INC$1.9M0.01%135,767CommonSOLE
607828100MODMODINE MFG CO$1.9M0.01%19,366CommonSOLE
302081104EXLSEXLSERVICE HOLDINGS INC$1.8M0.01%42,201CommonSOLE
75585H206REAXTHE REAL BROKERAGE INC$1.8M0.01%401,325CommonSOLE
G87110105FTITECHNIPFMC PLC$1.8M0.01%51,582CommonSOLE
037833100AAPLAPPLE INC$1.7M0.01%8,526CommonSOLE
030111207AMSCAMERICAN SUPERCONDUCTOR CORP$1.7M0.01%47,221CommonSOLE
90353T100UBERUBER TECHNOLOGIES INC$1.7M0.01%18,526CommonSOLE
38267D109GSHDGOOSEHEAD INS INC$1.7M0.01%16,369CommonSOLE
87422Q109TLNTALEN ENERGY CORP$1.7M0.01%5,826CommonSOLE
G3730V105FTAIFTAI AVIATION LTD$1.7M0.01%14,662CommonSOLE
70438V106PCTYPAYLOCITY HLDG CORP$1.7M0.01%9,223CommonSOLE
046433108ATROASTRONICS CORP$1.7M0.01%49,791CommonSOLE
00650F109ADPTADAPTIVE BIOTECHNOLOGIES COR$1.7M0.01%142,257CommonSOLE
90138F102TWLOTWILIO INC$1.7M0.01%13,313CommonSOLE
093712107BEBLOOM ENERGY CORP$1.6M0.01%68,316CommonSOLE
913915104UTIUNIVERSAL TECHNICAL INST INC$1.6M0.00%48,007CommonSOLE
50077B207KTOSKRATOS DEFENSE & SEC SOLUTIO$1.6M0.00%34,531CommonSOLE
78462F103SPYSPDR S&P 500 ETF TR$1.6M0.00%2,582CommonSOLE
733245104PRCHPORCH GROUP INC$1.6M0.00%135,022CommonSOLE
218352102CORTCORCEPT THERAPEUTICS INC$1.6M0.00%21,576CommonSOLE
10806X102BBIOBRIDGEBIO PHARMA INC$1.5M0.00%35,649CommonSOLE
89377M109TMDXTRANSMEDICS GROUP INC$1.5M0.00%11,385CommonSOLE
53190C102LTHLIFE TIME GROUP HOLDINGS INC$1.5M0.00%49,143CommonSOLE
46266A109IRMDIRADIMED CORP$1.5M0.00%24,889CommonSOLE
70614W100PTONPELOTON INTERACTIVE INC$1.5M0.00%214,366CommonSOLE
447462102HURNHURON CONSULTING GROUP INC$1.5M0.00%10,568CommonSOLE
58506Q109MEDPMEDPACE HLDGS INC$1.4M0.00%4,608CommonSOLE
79589L106IOTSAMSARA INC$1.4M0.00%36,165CommonSOLE
407497106HLNEHAMILTON LANE INC$1.4M0.00%10,061CommonSOLE
74340E103PGNYPROGYNY INC$1.4M0.00%64,650CommonSOLE
L1995B107CAAPCORPORACION AMER ARPTS S A$1.4M0.00%68,380CommonSOLE
86333M108LRNSTRIDE INC$1.4M0.00%9,420CommonSOLE
45765U103NSITINSIGHT ENTERPRISES INC$1.4M0.00%9,897CommonSOLE
92645B103VCTRVICTORY CAP HLDGS INC$1.4M0.00%21,386CommonSOLE
79466L302CRMSALESFORCE INC$1.4M0.00%4,989CommonSOLE
819047101SHAKSHAKE SHACK INC$1.4M0.00%9,632CommonSOLE
464288240ACWXISHARES TR$1.3M0.00%22,082CommonSOLE
21044C107ROADCONSTRUCTION PARTNERS INC$1.3M0.00%12,583CommonSOLE
75704L104RDVTRED VIOLET INC$1.3M0.00%27,072CommonSOLE
63888U108NGVCNATURAL GROCERS BY VITAMIN C$1.3M0.00%33,669CommonSOLE
21037T109CEGCONSTELLATION ENERGY CORP$1.3M0.00%4,010CommonSOLE
750917106RMBSRAMBUS INC DEL$1.3M0.00%20,135CommonSOLE
00218A105ASPIASP ISOTOPES INC$1.3M0.00%175,138CommonSOLE
29082A107EMBJEMBRAER S.A.$1.3M0.00%22,284CommonSOLE
068463108BBSIBARRETT BUSINESS SVCS INC$1.3M0.00%30,143CommonSOLE
74623V103PCTPURECYCLE TECHNOLOGIES INC$1.3M0.00%91,306CommonSOLE
077454106BDCBELDEN INC$1.2M0.00%10,682CommonSOLE
48238T109OPLNOPENLANE INC$1.2M0.00%50,404CommonSOLE
60471A101MIRMIRION TECHNOLOGIES INC$1.2M0.00%57,230CommonSOLE
830879102SKYWSKYWEST INC$1.2M0.00%11,839CommonSOLE
G3323L100FNFABRINET$1.2M0.00%4,098CommonSOLE
683797104OPYOPPENHEIMER HLDGS INC$1.2M0.00%17,982CommonSOLE
92840M102VSTVISTRA CORP$1.2M0.00%5,973CommonSOLE
465741106ITRIITRON INC$1.1M0.00%8,703CommonSOLE
384747101GRALGRAIL INC$1.1M0.00%21,938CommonSOLE
29667J101ESQESQUIRE FINL HLDGS INC$1.1M0.00%11,692CommonSOLE
M4R82T106FVRRFIVERR INTL LTD$1.1M0.00%36,223CommonSOLE
46578C108IEIVANHOE ELECTRIC INC$1.0M0.00%114,545CommonSOLE
687793109OSCROSCAR HEALTH INC$1.0M0.00%48,000CommonSOLE
40054A108SUPVGRUPO SUPERVIELLE S.A.$1.0M0.00%97,077CommonSOLE
231561101CWCURTISS WRIGHT CORP$1.0M0.00%2,095CommonSOLE
681116109OLLIOLLIES BARGAIN OUTLET HLDGS$1.0M0.00%7,749CommonSOLE
26701L100BROSDUTCH BROS INC$1.0M0.00%14,663CommonSOLE
85208M102SFMSPROUTS FMRS MKT INC$999,0360.00%6,068CommonSOLE
163072101CAKECHEESECAKE FACTORY INC$996,5450.00%15,904CommonSOLE
629377508NRGNRG ENERGY INC$984,6770.00%6,132CommonSOLE
53635B107LQDTLIQUIDITY SVCS INC$958,4150.00%40,628CommonSOLE
M85548101SSYSSTRATASYS LTD$937,4660.00%81,732CommonSOLE
971378104WSCWILLSCOT HLDGS CORP$936,5870.00%34,182CommonSOLE
740444104PLPCPREFORMED LINE PRODS CO$903,2460.00%5,652CommonSOLE
74366E102PTGXPROTAGONIST THERAPEUTICS INC$884,2650.00%15,999CommonSOLE
94419L101WWAYFAIR INC$884,0060.00%17,286CommonSOLE
42226A107HQYHEALTHEQUITY INC$863,5370.00%8,243CommonSOLE
68386H103OPFIOPPFI INC$850,2140.00%60,773CommonSOLE
04206A101ARLOARLO TECHNOLOGIES INC$834,2620.00%49,190CommonSOLE
859241101STRLSTERLING INFRASTRUCTURE INC$823,4750.00%3,569CommonSOLE
75134P600METCRAMACO RES INC$817,3740.00%62,205CommonSOLE
604749101MIRMMIRUM PHARMACEUTICALS INC$789,1510.00%15,507CommonSOLE
45780R101IBPINSTALLED BLDG PRODS INC$781,6870.00%4,335CommonSOLE
87151X101SYMSYMBOTIC INC$777,1170.00%20,003CommonSOLE
76156B107RVLVREVOLVE GROUP INC$763,7250.00%38,091CommonSOLE
05464C101AXONAXON ENTERPRISE INC$763,3610.00%922CommonSOLE
51819L107SWIMLATHAM GROUP INC$760,6040.00%119,217CommonSOLE
970646105WLFCWILLIS LEASE FIN CORP$753,4500.00%5,277CommonSOLE
724479100PBIPITNEY BOWES INC$744,3020.00%68,222CommonSOLE
M7S64L123PGYPAGAYA TECHNOLOGIES LTD$735,1780.00%34,483CommonSOLE
438333106HNSTHONEST CO INC$733,2040.00%144,048CommonSOLE
G5S37H101MRXMAREX GROUP PLC$731,1030.00%18,523CommonSOLE
M6372Q113KRNTKORNIT DIGITAL LTD$718,0540.00%36,065CommonSOLE
922042742VTVANGUARD INTL EQUITY INDEX F$711,1700.00%5,534CommonSOLE
L6388F110TIGOMILLICOM INTL CELLULAR S A$702,6750.00%18,753CommonSOLE
30041R108EVEREVERQUOTE INC$696,5290.00%28,806CommonSOLE
433000106HIMSHIMS & HERS HEALTH INC$695,3580.00%13,949CommonSOLE
67059N108NTNXNUTANIX INC$688,8010.00%9,011CommonSOLE
92837L109VISTVISTA ENERGY S.A.B. DE C.V.$672,3040.00%14,062CommonSOLE
72703H101PLNTPLANET FITNESS INC$637,0700.00%5,842CommonSOLE
M7S750159NYAXNAYAX LTD$635,1110.00%12,634CommonSOLE
98422E103XERSXERIS BIOPHARMA HOLDINGS INC$621,0820.00%132,994CommonSOLE
00090Q103ADTADT INC DEL$617,6830.00%72,926CommonSOLE
65487K100LASRNLIGHT INC$598,7640.00%30,425CommonSOLE
112463104BKDBROOKDALE SR LIVING INC$584,7300.00%84,013CommonSOLE
64110W102NTESNETEASE INC$570,8880.00%4,242CommonSOLE
01644J108ALKTALKAMI TECHNOLOGY INC$570,0980.00%18,915CommonSOLE
517834107LVSLAS VEGAS SANDS CORP$568,5020.00%13,066CommonSOLE
000899104ADMAADMA BIOLOGICS INC$553,8030.00%30,412CommonSOLE
632307104NTRANATERA INC$544,4940.00%3,223CommonSOLE
88322Q108TGTXTG THERAPEUTICS INC$531,5000.00%14,768CommonSOLE
40131M109GHGUARDANT HEALTH INC$529,9230.00%10,183CommonSOLE
762544104RBBNRIBBON COMMUNICATIONS INC$522,0540.00%130,188CommonSOLE
125141101CECOCECO ENVIRONMENTAL CORP$518,5540.00%18,317CommonSOLE
600551204MLRMILLER INDS INC TENN$512,6240.00%11,530CommonSOLE
46436E718SGOVISHARES TR$500,6310.00%4,972CommonSOLE
71944F106PHRPHREESIA INC$494,1510.00%17,363CommonSOLE
82982T106SITMSITIME CORP$492,6410.00%2,312CommonSOLE
154760409CPFCENTRAL PAC FINL CORP$482,4520.00%17,212CommonSOLE
26856L103ELFE L F BEAUTY INC$480,8360.00%3,864CommonSOLE
04351P101ASNDUSDASCENDIS PHARMA A/S$469,2990.00%2,719CommonSOLE
441593100HLIHOULIHAN LOKEY INC$459,7720.00%2,555CommonSOLE
00508Y102AYIACUITY INC$459,4440.00%1,540CommonSOLE
76134H101RHLDRESOLUTE HLDGS MGMT INC$456,9200.00%14,337CommonSOLE
046224101ASTEASTEC INDS INC$456,7560.00%10,956CommonSOLE
052769106ADSKAUTODESK INC$433,1770.00%1,399CommonSOLE
984245100YPFYPF SOCIEDAD ANONIMA$430,8960.00%13,701CommonSOLE
88023B103TEMTEMPUS AI INC$429,4670.00%6,759CommonSOLE
G39108108GTESGATES INDL CORP PLC$428,7030.00%18,615CommonSOLE
957638109WALWESTERN ALLIANCE BANCORP$427,5640.00%5,483CommonSOLE
01973R101ALSNALLISON TRANSMISSION HLDGS I$416,9110.00%4,389CommonSOLE
88556E102TDUPTHREDUP INC$396,8880.00%52,989CommonSOLE
33767E202FSVFIRSTSERVICE CORP NEW$392,3710.00%2,247CommonSOLE
12510Q100CCCCCC INTELLIGENT SOLUTIONS HL$390,4960.00%41,498CommonSOLE
02081G201ATECALPHATEC HLDGS INC$379,5310.00%34,192CommonSOLE
H5870P102OCSOCULIS HOLDING AG$377,9520.00%19,472CommonSOLE
501270102KRUSKURA SUSHI USA INC$376,9440.00%4,379CommonSOLE
81764X103TTANSERVICETITAN INC$370,9500.00%3,461CommonSOLE
03820C105AITAPPLIED INDL TECHNOLOGIES IN$363,7840.00%1,565CommonSOLE
26622P107DOCSDOXIMITY INC$362,8260.00%5,915CommonSOLE
368736104GNRCGENERAC HLDGS INC$362,3210.00%2,530CommonSOLE
05464T104AXSMAXSOME THERAPEUTICS INC$337,3880.00%3,232CommonSOLE
87043Q108SGSWEETGREEN INC$337,0470.00%22,651CommonSOLE
69608A108PLTRPALANTIR TECHNOLOGIES INC$333,8480.00%2,449CommonSOLE
70805E109PNTGPENNANT GROUP INC$327,1560.00%10,960CommonSOLE
89531P105TREXTREX CO INC$324,1590.00%5,961CommonSOLE
70450Y103PYPLPAYPAL HLDGS INC$314,2250.00%4,228CommonSOLE
23292B104HEPSD MARKET ELECTR SVCS & TRADI$310,0060.00%114,817CommonSOLE
N5749R1002GHMERUS N V$306,8680.00%5,834CommonSOLE
829401108SIONSIONNA THERAPEUTICS INC$294,5160.00%16,975CommonSOLE
45827U109INTAINTAPP INC$288,8140.00%5,595CommonSOLE
00760J108AEHRAEHR TEST SYS$271,5300.00%21,000CommonSOLE
09239B109BLBLACKLINE INC$269,6810.00%4,763CommonSOLE
124155102BFLYBUTTERFLY NETWORK INC$269,6040.00%134,802CommonSOLE
98423F109XMTRXOMETRY INC$260,2510.00%7,702CommonSOLE
654106103NKENIKE INC$259,5980.00%3,654CommonSOLE
185123106CWANCLEARWATER ANALYTICS HLDGS I$258,4450.00%11,785CommonSOLE
55406W103LUXELUXEXPERIENCE BV$241,8440.00%30,459CommonSOLE
759916109RGENREPLIGEN CORP$238,4360.00%1,917CommonSOLE
000360206AAONAAON INC$236,2210.00%3,203CommonSOLE
464287200IVVISHARES TR$220,4200.00%355CommonSOLE
82982L103SITESITEONE LANDSCAPE SUPPLY INC$220,2320.00%1,821CommonSOLE
74758T303QLYSQUALYS INC$207,4470.00%1,452CommonSOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.