Polen Capital Management – Largest Position Reductions (2025 Q4)
This report summarizes the most meaningful reductions and sell-offs made by Polen Capital Management in 2025 Q4. The analysis highlights which positions were trimmed or exited, providing insight into how the investor adjusted risk exposure and portfolio strategy.
| Symbol | Shares | Reported Price(USD) | Action | Change % | Portfolio Weight | Position Value | Filing Period |
|---|---|---|---|---|---|---|---|
| AMZN | 8,653,721 | $230.82 | Reduced | -23.05% | 8.54% | $2B | 2025 Q4 |
| MSFT | 3,909,985 | $483.62 | Reduced | -22.11% | 8.08% | $1.89B | 2025 Q4 |
| ORCL | 7,185,496 | $194.91 | Reduced | -22.64% | 5.99% | $1.4B | 2025 Q4 |
| LLY | 1,246,090 | $1074.68 | Reduced | -23.22% | 5.72% | $1.34B | 2025 Q4 |
| GOOG | 4,018,121 | $313.8 | Reduced | -13.41% | 5.39% | $1.26B | 2025 Q4 |
| AVGO | 3,531,637 | $346.1 | Reduced | -21.27% | 5.22% | $1.22B | 2025 Q4 |
| MA | 2,131,727 | $570.88 | Reduced | -22.24% | 5.20% | $1.22B | 2025 Q4 |
| V | 3,375,342 | $350.71 | Reduced | -22.23% | 5.06% | $1.18B | 2025 Q4 |
| SHOP | 7,201,872 | $160.97 | Reduced | -34.89% | 4.95% | $1.16B | 2025 Q4 |
| NVDA | 5,328,112 | $186.5 | Reduced | -15.39% | 4.25% | $993.69M | 2025 Q4 |
| MSCI | 1,331,085 | $573.73 | Reduced | -15.96% | 3.26% | $763.68M | 2025 Q4 |
| ZTS | 5,562,669 | $125.82 | Reduced | -26.00% | 2.99% | $699.9M | 2025 Q4 |
| AON | 1,846,294 | $352.88 | Reduced | -25.86% | 2.78% | $651.52M | 2025 Q4 |
| IDXX | 960,537 | $676.53 | Reduced | -14.78% | 2.78% | $649.83M | 2025 Q4 |
| SBUX | 6,785,308 | $84.21 | Reduced | -23.60% | 2.44% | $571.39M | 2025 Q4 |
| ACN | 1,882,707 | $268.3 | Reduced | -23.52% | 2.16% | $505.13M | 2025 Q4 |
| ABT | 3,962,230 | $125.29 | Reduced | -46.61% | 2.12% | $496.43M | 2025 Q4 |
| ADBE | 1,345,588 | $349.99 | Reduced | -27.55% | 2.01% | $470.94M | 2025 Q4 |
| ABNB | 3,030,730 | $135.72 | Reduced | -23.75% | 1.76% | $411.33M | 2025 Q4 |
| SNPS | 844,881 | $469.72 | Reduced | -19.13% | 1.70% | $396.86M | 2025 Q4 |
| BSX | 4,019,552 | $95.35 | Reduced | -28.20% | 1.64% | $383.26M | 2025 Q4 |
| INTU | 512,656 | $662.42 | Reduced | -22.53% | 1.45% | $339.59M | 2025 Q4 |
| CSGP | 4,890,936 | $67.24 | Reduced | -23.35% | 1.41% | $328.87M | 2025 Q4 |
| PAYC | 1,835,028 | $159.36 | Reduced | -30.40% | 1.25% | $292.43M | 2025 Q4 |
| UBER | 3,565,793 | $81.71 | Reduced | -21.99% | 1.25% | $291.36M | 2025 Q4 |