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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
MELI 47,920 $2014.25 Reduced -3.22% 0.41% $96.52M 2025 Q4
SAP 233,332 $242.91 Reduced -32.36% 0.24% $56.68M 2025 Q4
NU 1,157,836 $16.74 Reduced -24.87% 0.08% $19.38M 2025 Q4
ICLR 105,206 $182.22 Reduced -76.28% 0.08% $19.17M 2025 Q4
NFLX 173,797 $93.76 Reduced -96.37% 0.07% $16.3M 2025 Q4
HDB 367,007 $36.54 Reduced -38.15% 0.06% $13.41M 2025 Q4
ASML 11,195 $1069.85 Reduced -43.45% 0.05% $11.98M 2025 Q4
MNDY 79,332 $147.56 Reduced -36.94% 0.05% $11.71M 2025 Q4
GOOGL 30,864 $312.99 Reduced -93.48% 0.04% $9.66M 2025 Q4
ONON 194,483 $46.48 Reduced -24.73% 0.04% $9.04M 2025 Q4
WTW 27,425 $328.61 Reduced -87.52% 0.04% $9.01M 2025 Q4
MDT 84,500 $96.06 Reduced -32.38% 0.03% $8.12M 2025 Q4
AGX 24,886 $313.31 Reduced -33.70% 0.03% $7.8M 2025 Q4
WGS 59,861 $130.07 Reduced -12.19% 0.03% $7.79M 2025 Q4
TME 412,467 $17.53 Reduced -26.53% 0.03% $7.23M 2025 Q4
DLO 466,809 $14.14 Reduced -33.25% 0.03% $6.6M 2025 Q4
BE 75,434 $86.88 Reduced -42.59% 0.03% $6.55M 2025 Q4
POWL 20,341 $318.77 Reduced -12.91% 0.03% $6.48M 2025 Q4
VSEC 34,390 $172.78 Reduced -0.09% 0.03% $5.94M 2025 Q4
GLOB 90,462 $65.36 Reduced -33.04% 0.03% $5.91M 2025 Q4
BWXT 32,328 $172.85 Reduced -12.03% 0.02% $5.59M 2025 Q4
SE 42,710 $127.58 Reduced -39.19% 0.02% $5.45M 2025 Q4
MMYT 53,658 $82.11 Reduced -38.53% 0.02% $4.41M 2025 Q4
IESC 10,941 $389 Reduced -9.91% 0.02% $4.26M 2025 Q4
CVNA 8,974 $422 Reduced -14.17% 0.02% $3.79M 2025 Q4
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