13F HOLDINGS REPORT
POLEN CAPITAL MANAGEMENT LLC
Quarter ended Q4 2025 · Filed February 12, 2026 · Accession 0001172661-26-000654
Total Value
$23.42B
Positions
234
Other Managers
0
Confidential Omitted
No
Holdings (234)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | AMAZON COM INC | AMZN | 8,653,721 | $2.00B | 8.53% |
| 2 | MICROSOFT CORP | MSFT | 3,909,985 | $1.89B | 8.07% |
| 3 | ORACLE CORP | ORCL-PD | 7,185,496 | $1.40B | 5.98% |
| 4 | ELI LILLY & CO | LLY | 1,246,090 | $1.34B | 5.72% |
| 5 | ALPHABET INC | GOOG | 4,018,121 | $1.26B | 5.38% |
| 6 | BROADCOM INC | AVGO | 3,531,637 | $1.22B | 5.22% |
| 7 | MASTERCARD INCORPORATED | MA | 2,131,727 | $1.22B | 5.20% |
| 8 | VISA INC | V | 3,375,342 | $1.18B | 5.05% |
| 9 | SHOPIFY INC | SHOP | 7,201,872 | $1.16B | 4.95% |
| 10 | NVIDIA CORPORATION | NVDA | 5,328,112 | $993.7M | 4.24% |
| 11 | SERVICENOW INC | NOW | 5,680,788 | $870.2M | 3.72% |
| 12 | MSCI INC | MSCI | 1,331,085 | $763.7M | 3.26% |
| 13 | ZOETIS INC | ZTS | 5,562,669 | $699.9M | 2.99% |
| 14 | AON PLC | AON | 1,846,294 | $651.5M | 2.78% |
| 15 | IDEXX LABS INC | 45168D104 | 960,537 | $649.8M | 2.77% |
| 16 | STARBUCKS CORP | SBUX | 6,785,308 | $571.4M | 2.44% |
| 17 | ACCENTURE PLC IRELAND | ACN | 1,882,707 | $505.1M | 2.16% |
| 18 | ABBOTT LABS | ABLZF | 3,962,230 | $496.4M | 2.12% |
| 19 | INTUITIVE SURGICAL INC | ISRG | 842,618 | $477.2M | 2.04% |
| 20 | ADOBE INC | ADBE | 1,345,588 | $470.9M | 2.01% |
| 21 | AIRBNB INC | ABNB | 3,030,730 | $411.3M | 1.76% |
| 22 | SYNOPSYS INC | SNPS | 844,881 | $396.9M | 1.69% |
| 23 | BOSTON SCIENTIFIC CORP | BSX | 4,019,552 | $383.3M | 1.64% |
| 24 | ISHARES TR | 464287614 | 776,086 | $367.3M | 1.57% |
| 25 | INTUIT | INTU | 512,656 | $339.6M | 1.45% |
| 26 | COSTAR GROUP INC | CSGP | 4,890,936 | $328.9M | 1.40% |
| 27 | PAYCOM SOFTWARE INC | PAYC | 1,835,028 | $292.4M | 1.25% |
| 28 | UBER TECHNOLOGIES INC | UBER | 3,565,793 | $291.4M | 1.24% |
| 29 | MERCADOLIBRE INC | MELI | 47,920 | $96.5M | 0.41% |
| 30 | ISHARES TR | 464288257 | 610,133 | $86.3M | 0.37% |
| 31 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 200,593 | $61.0M | 0.26% |
| 32 | SAP SE | SAPGF | 233,332 | $56.7M | 0.24% |
| 33 | SPOTIFY TECHNOLOGY S A | SPOT | 71,658 | $41.6M | 0.18% |
| 34 | NU HLDGS LTD | NU | 1,157,836 | $19.4M | 0.08% |
| 35 | ICON PLC | ICLR | 105,206 | $19.2M | 0.08% |
| 36 | NETFLIX INC | NFLX | 173,797 | $16.3M | 0.07% |
| 37 | VANGUARD INDEX FDS | 922908736 | 33,124 | $16.2M | 0.07% |
| 38 | HDFC BANK LTD | HDB | 367,007 | $13.4M | 0.06% |
| 39 | ASML HOLDING N V | ASMLF | 11,195 | $12.0M | 0.05% |
| 40 | MONDAY COM LTD | MNDY | 79,332 | $11.7M | 0.05% |
| 41 | ALPHABET INC | GOOG | 30,864 | $9.7M | 0.04% |
| 42 | ISHARES TR | 464287200 | 13,669 | $9.4M | 0.04% |
| 43 | ON HLDG AG | H5919C104 | 194,483 | $9.0M | 0.04% |
| 44 | WILLIS TOWERS WATSON PLC LTD | WTW | 27,425 | $9.0M | 0.04% |
| 45 | ISHARES TR | 464288240 | 126,761 | $8.5M | 0.04% |
| 46 | MEDTRONIC PLC | MDT | 84,500 | $8.1M | 0.03% |
| 47 | ARGAN INC | AGX | 24,886 | $7.8M | 0.03% |
| 48 | GENEDX HOLDINGS CORP | WGSWW | 59,861 | $7.8M | 0.03% |
| 49 | TENCENT MUSIC ENTMT GROUP | XHLD | 412,467 | $7.2M | 0.03% |
| 50 | DLOCAL LTD | DLO | 466,809 | $6.6M | 0.03% |
| 51 | BLOOM ENERGY CORP | BE | 75,434 | $6.6M | 0.03% |
| 52 | POWELL INDS INC | 739128106 | 20,341 | $6.5M | 0.03% |
| 53 | VSE CORP | VSECU | 34,390 | $5.9M | 0.03% |
| 54 | GLOBANT S A | GLOB | 90,462 | $5.9M | 0.03% |
| 55 | BWX TECHNOLOGIES INC | BWXT | 32,328 | $5.6M | 0.02% |
| 56 | SEA LTD | SE | 42,710 | $5.4M | 0.02% |
| 57 | ADAPTIVE BIOTECHNOLOGIES COR | ADTI | 325,767 | $5.3M | 0.02% |
| 58 | VANGUARD INTL EQUITY INDEX F | 922042742 | 33,592 | $4.7M | 0.02% |
| 59 | SPDR S&P 500 ETF TR | SPY | 6,717 | $4.6M | 0.02% |
| 60 | MAKEMYTRIP LIMITED MAURITIUS | MMYT | 53,658 | $4.4M | 0.02% |
| 61 | RESOLUTE HLDGS MGMT INC | 76134H101 | 20,915 | $4.3M | 0.02% |
| 62 | IES HLDGS INC | IESC | 10,941 | $4.3M | 0.02% |
| 63 | CECO ENVIRONMENTAL CORP | CECO | 69,775 | $4.2M | 0.02% |
| 64 | BEL FUSE INC | BELFB | 22,522 | $3.8M | 0.02% |
| 65 | CARVANA CO | CVNA | 8,974 | $3.8M | 0.02% |
| 66 | ICICI BANK LIMITED | IBN | 123,872 | $3.7M | 0.02% |
| 67 | TESLA INC | TSLA | 8,171 | $3.7M | 0.02% |
| 68 | PDD HOLDINGS INC | PDD | 31,329 | $3.6M | 0.02% |
| 69 | HCI GROUP INC | HCIIP | 18,126 | $3.5M | 0.01% |
| 70 | KAROOOOO LTD | KARO | 74,821 | $3.4M | 0.01% |
| 71 | JOBY AVIATION INC | JOBY-WT | 250,067 | $3.3M | 0.01% |
| 72 | SOFI TECHNOLOGIES INC | SOFI | 117,450 | $3.1M | 0.01% |
| 73 | BRIDGEBIO PHARMA INC | BBIO | 38,241 | $2.9M | 0.01% |
| 74 | ASTRONICS CORP | ATROB | 53,691 | $2.9M | 0.01% |
| 75 | THE REALREAL INC | 88339P101 | 175,088 | $2.8M | 0.01% |
| 76 | WAYFAIR INC | W | 26,857 | $2.7M | 0.01% |
| 77 | IRADIMED CORP | IRMD | 26,891 | $2.6M | 0.01% |
| 78 | DAVE INC | 23834J201 | 11,805 | $2.6M | 0.01% |
| 79 | HURON CONSULTING GROUP INC | HURN | 15,086 | $2.6M | 0.01% |
| 80 | CAMECO CORP | CCJ | 28,174 | $2.6M | 0.01% |
| 81 | IVANHOE ELECTRIC INC | IE | 157,882 | $2.5M | 0.01% |
| 82 | AFFIRM HLDGS INC | AFRM | 32,969 | $2.5M | 0.01% |
| 83 | WORKDAY INC | WDAY | 10,782 | $2.3M | 0.01% |
| 84 | NLIGHT INC | LASR | 61,624 | $2.3M | 0.01% |
| 85 | AMPRIUS TECHNOLOGIES INC | AMPX-WT | 288,290 | $2.3M | 0.01% |
| 86 | GLOBAL X FDS | 37954Y889 | 27,566 | $2.3M | 0.01% |
| 87 | SPHERE ENTERTAINMENT CO | SPHR | 23,828 | $2.3M | 0.01% |
| 88 | GARTNER INC | IT | 8,753 | $2.2M | 0.01% |
| 89 | PLANET LABS PBC | PL-WT | 111,538 | $2.2M | 0.01% |
| 90 | FIRST SOLAR INC | FSLR | 8,302 | $2.2M | 0.01% |
| 91 | BROOKDALE SR LIVING INC | 112463104 | 200,588 | $2.2M | 0.01% |
| 92 | BWX TECHNOLOGIES INC | BWXT | 12,500 | $2.2M | 0.01% |
| 93 | APPLE INC | AAPL | 7,724 | $2.1M | 0.01% |
| 94 | ALPHATEC HLDGS INC | ATEC | 95,761 | $2.0M | 0.01% |
| 95 | GUARDANT HEALTH INC | GH | 19,667 | $2.0M | 0.01% |
| 96 | MODINE MFG CO | 607828100 | 14,309 | $1.9M | 0.01% |
| 97 | CARPENTER TECHNOLOGY CORP | CRS | 6,062 | $1.9M | 0.01% |
| 98 | VANGUARD INDEX FDS | 922908769 | 5,677 | $1.9M | 0.01% |
| 99 | BLOOM ENERGY CORP | BE | 21,600 | $1.9M | 0.01% |
| 100 | MIRION TECHNOLOGIES INC | MIR | 79,419 | $1.9M | 0.01% |
| 101 | BUTTERFLY NETWORK INC | BFLY | 472,971 | $1.8M | 0.01% |
| 102 | PROTAGONIST THERAPEUTICS INC | PTGX | 20,349 | $1.8M | 0.01% |
| 103 | RED VIOLET INC | RDVT | 30,328 | $1.7M | 0.01% |
| 104 | IRSA INVERSIONES Y REP S A | 450047303 | 102,911 | $1.7M | 0.01% |
| 105 | TECHNIPFMC PLC | FTI | 35,915 | $1.6M | 0.01% |
| 106 | RAMACO RES INC | METCZ | 88,507 | $1.6M | 0.01% |
| 107 | KRATOS DEFENSE & SEC SOLUTIO | 50077B207 | 19,697 | $1.5M | 0.01% |
| 108 | CLEAR SECURE INC | YOU | 39,325 | $1.4M | 0.01% |
| 109 | OPENLANE INC | OPLN | 46,259 | $1.4M | 0.01% |
| 110 | CORPORACION AMER ARPTS S A | L1995B107 | 51,919 | $1.3M | 0.01% |
| 111 | THERMO FISHER SCIENTIFIC INC | TMO | 2,307 | $1.3M | 0.01% |
| 112 | XOMETRY INC | XMTR | 22,321 | $1.3M | 0.01% |
| 113 | PAGAYA TECHNOLOGIES LTD | PGYWW | 63,497 | $1.3M | 0.01% |
| 114 | TRANSMEDICS GROUP INC | TMDX | 10,828 | $1.3M | 0.01% |
| 115 | SOLARIS ENERGY INFRAS INC | SEI | 28,597 | $1.3M | 0.01% |
| 116 | ERO COPPER CORP | ERO | 45,544 | $1.3M | 0.01% |
| 117 | SIONNA THERAPEUTICS INC | SION | 31,258 | $1.3M | 0.01% |
| 118 | ESTABLISHMENT LABS HLDGS INC | ESTA | 17,475 | $1.3M | 0.01% |
| 119 | ESQUIRE FINL HLDGS INC | 29667J101 | 11,709 | $1.2M | 0.01% |
| 120 | OPPENHEIMER HLDGS INC | OPY | 16,343 | $1.2M | 0.01% |
| 121 | PREFORMED LINE PRODS CO | 740444104 | 5,660 | $1.2M | 0.00% |
| 122 | GRAIL INC | GRAL | 13,526 | $1.2M | 0.00% |
| 123 | LIQUIDIA CORPORATION | LQDA | 33,538 | $1.2M | 0.00% |
| 124 | KODIAK SCIENCES INC | KOD | 41,340 | $1.2M | 0.00% |
| 125 | GRUPO FINANCIERO GALICIA S.A | GGAL | 21,373 | $1.2M | 0.00% |
| 126 | CONSTRUCTION PARTNERS INC | ROAD | 10,615 | $1.2M | 0.00% |
| 127 | ARTIVION INC | AORT | 25,259 | $1.2M | 0.00% |
| 128 | CREDO TECHNOLOGY GROUP HOLDI | CRDO | 7,915 | $1.1M | 0.00% |
| 129 | HOWARD HUGHES HOLDINGS INC | HHH | 13,980 | $1.1M | 0.00% |
| 130 | SOFI TECHNOLOGIES INC | SOFI | 41,800 | $1.1M | 0.00% |
| 131 | ROCKET LAB CORP | RKLB | 15,324 | $1.1M | 0.00% |
| 132 | MIRUM PHARMACEUTICALS INC | MIRM | 13,360 | $1.1M | 0.00% |
| 133 | XERIS BIOPHARMA HOLDINGS INC | XERS | 133,416 | $1.0M | 0.00% |
| 134 | CONSTELLATION ENERGY CORP | CEG | 2,812 | $993,395 | 0.00% |
| 135 | MILLICOM INTL CELLULAR S A | L6388F110 | 17,685 | $980,456 | 0.00% |
| 136 | ASTEC INDS INC | 046224101 | 22,344 | $967,942 | 0.00% |
| 137 | SCHOLAR ROCK HLDG CORP | SRRK | 21,762 | $958,616 | 0.00% |
| 138 | AXOS FINANCIAL INC | AX | 10,986 | $946,554 | 0.00% |
| 139 | KURA ONCOLOGY INC | KURA | 90,847 | $943,900 | 0.00% |
| 140 | THREDUP INC | TDUP | 145,615 | $930,480 | 0.00% |
| 141 | NUSCALE PWR CORP | NU | 64,615 | $915,595 | 0.00% |
| 142 | TAYSHA GENE THERAPIES INC | TSHA | 156,586 | $861,223 | 0.00% |
| 143 | UPWORK INC | UPWK | 43,111 | $854,460 | 0.00% |
| 144 | BABCOCK & WILCOX ENTERPRISES | BW-PA | 122,280 | $775,255 | 0.00% |
| 145 | ASP ISOTOPES INC | ASPI | 139,511 | $746,384 | 0.00% |
| 146 | LATHAM GROUP INC | SWIM | 112,388 | $713,664 | 0.00% |
| 147 | VICTORY CAP HLDGS INC | 92645B103 | 11,145 | $703,138 | 0.00% |
| 148 | CENTRAL PAC FINL CORP | 154760409 | 22,150 | $690,194 | 0.00% |
| 149 | SALESFORCE INC | CRM | 2,581 | $683,775 | 0.00% |
| 150 | AMERICAN SUPERCONDUCTOR CORP | AMSC | 23,565 | $678,201 | 0.00% |
| 151 | CURTISS WRIGHT CORP | CW | 1,211 | $667,588 | 0.00% |
| 152 | ODDITY TECH LTD | ODD | 16,175 | $649,912 | 0.00% |
| 153 | IHEARTMEDIA INC | IHETW | 155,516 | $646,947 | 0.00% |
| 154 | COMPOSECURE INC | 20459V105 | 33,395 | $643,856 | 0.00% |
| 155 | PITNEY BOWES INC | PBI-PB | 60,710 | $641,705 | 0.00% |
| 156 | NUVALENT INC | NUVL | 6,359 | $639,652 | 0.00% |
| 157 | JFROG LTD | FROG | 9,884 | $617,355 | 0.00% |
| 158 | CYTOKINETICS INC | CYTK | 9,584 | $608,967 | 0.00% |
| 159 | SES AI CORPORATION | SES-WT | 338,156 | $608,681 | 0.00% |
| 160 | AEHR TEST SYS | AEHR | 30,111 | $607,941 | 0.00% |
| 161 | STERLING INFRASTRUCTURE INC | STRL | 1,952 | $597,761 | 0.00% |
| 162 | FIGS INC | FIGS | 48,828 | $554,686 | 0.00% |
| 163 | VELO3D INC | VLDXW | 39,896 | $548,171 | 0.00% |
| 164 | FTAI AVIATION LTD | FTAIN | 2,748 | $540,944 | 0.00% |
| 165 | AMERICAN PUB ED INC | 02913V103 | 14,117 | $533,623 | 0.00% |
| 166 | CANADIAN SOLAR INC | CSIQ | 22,223 | $528,241 | 0.00% |
| 167 | NAPCO SEC TECHNOLOGIES INC | 630402105 | 12,567 | $524,044 | 0.00% |
| 168 | FIGURE TECHNOLOGY SOLUTIO | FGRS | 12,803 | $522,875 | 0.00% |
| 169 | EMBRAER S.A. | EMBJ | 7,924 | $510,068 | 0.00% |
| 170 | AUTOMATIC DATA PROCESSING IN | ADP | 1,976 | $508,394 | 0.00% |
| 171 | TALEN ENERGY CORP | TLN | 1,349 | $505,659 | 0.00% |
| 172 | ISHARES TR | 46436E718 | 4,972 | $499,089 | 0.00% |
| 173 | PORCH GROUP INC | PRCH | 53,683 | $490,126 | 0.00% |
| 174 | NRG ENERGY INC | NRG | 3,033 | $482,975 | 0.00% |
| 175 | KARMAN HLDGS INC | KRMN | 6,455 | $472,312 | 0.00% |
| 176 | CELCUITY INC | CELC | 4,660 | $464,788 | 0.00% |
| 177 | LIMBACH HLDGS INC | LMB | 5,892 | $458,692 | 0.00% |
| 178 | HEALTHEQUITY INC | HQY | 4,980 | $456,218 | 0.00% |
| 179 | MAMAS CREATIONS INC | 56146T103 | 32,989 | $445,022 | 0.00% |
| 180 | DENALI THERAPEUTICS INC | DNLI | 26,900 | $444,119 | 0.00% |
| 181 | SANDISK CORP | SNDK | 1,860 | $441,527 | 0.00% |
| 182 | SKYWEST INC | SKYW | 4,380 | $439,796 | 0.00% |
| 183 | ERMENEGILDO ZEGNA N V | ZGN | 42,768 | $438,372 | 0.00% |
| 184 | TWILIO INC | TWLO | 3,056 | $434,685 | 0.00% |
| 185 | ESPERION THERAPEUTICS INC NE | ESPR | 116,292 | $430,280 | 0.00% |
| 186 | OPPFI INC | OPFI-WT | 40,472 | $423,337 | 0.00% |
| 187 | LUXEXPERIENCE BV | 55406W103 | 50,258 | $419,654 | 0.00% |
| 188 | MESOBLAST LTD | MEOBF | 23,005 | $415,010 | 0.00% |
| 189 | NEWMARK GROUP INC | NMRK | 23,619 | $409,553 | 0.00% |
| 190 | GREEN BRICK PARTNERS INC | GRBK-PA | 6,526 | $408,919 | 0.00% |
| 191 | AEROVIRONMENT INC | AVAV | 1,689 | $408,552 | 0.00% |
| 192 | PERSONALIS INC | PSNL | 50,705 | $403,612 | 0.00% |
| 193 | GRAHAM CORP | GHM | 6,217 | $399,318 | 0.00% |
| 194 | ADT INC DEL | ADT | 49,368 | $398,400 | 0.00% |
| 195 | UNITEDHEALTH GROUP INC | UNH | 1,197 | $395,225 | 0.00% |
| 196 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 11,239 | $394,264 | 0.00% |
| 197 | MEDPACE HLDGS INC | MEDP | 696 | $390,908 | 0.00% |
| 198 | ACUITY INC | AYI | 1,061 | $382,002 | 0.00% |
| 199 | OLEMA PHARMACEUTICALS INC | OLMA | 15,206 | $380,150 | 0.00% |
| 200 | APPIAN CORP | APPN | 10,366 | $367,164 | 0.00% |
| 201 | AXT INC | AXTI | 22,215 | $363,215 | 0.00% |
| 202 | LYFT INC | LYFT | 18,239 | $353,289 | 0.00% |
| 203 | ABCELLERA BIOLOGICS INC | ABCL | 102,508 | $350,577 | 0.00% |
| 204 | AUTODESK INC | ADSK | 1,182 | $349,785 | 0.00% |
| 205 | WINMARK CORP | WINA | 859 | $347,843 | 0.00% |
| 206 | ISHARES TR | 464287572 | 2,743 | $347,418 | 0.00% |
| 207 | GAP INC | GAP | 12,860 | $329,216 | 0.00% |
| 208 | WESTERN ALLIANCE BANCORP | WAL-PA | 3,797 | $319,214 | 0.00% |
| 209 | HOLLEY INC | HLLY-WT | 77,032 | $318,142 | 0.00% |
| 210 | SERVICETITAN INC | TTAN | 2,975 | $316,838 | 0.00% |
| 211 | NATERA INC | NTRA | 1,376 | $315,228 | 0.00% |
| 212 | MUELLER INDS INC | 624756102 | 2,720 | $312,256 | 0.00% |
| 213 | ARMSTRONG WORLD INDS INC NEW | 04247X102 | 1,511 | $288,752 | 0.00% |
| 214 | STRATASYS LTD | SSYS | 32,493 | $282,039 | 0.00% |
| 215 | UL SOLUTIONS INC | ULS | 3,420 | $269,701 | 0.00% |
| 216 | ASCENDIS PHARMA A/S | ASND | 1,211 | $258,234 | 0.00% |
| 217 | PACIFIC BIOSCIENCES CALIF IN | 69404D108 | 137,149 | $256,469 | 0.00% |
| 218 | SYMBOTIC INC | SYM | 4,298 | $255,731 | 0.00% |
| 219 | LIFE TIME GROUP HOLDINGS INC | LTH | 9,609 | $255,407 | 0.00% |
| 220 | COOPER STD HLDGS INC | 21676P103 | 7,635 | $250,657 | 0.00% |
| 221 | EOS ENERGY ENTERPRISES INC | EOSE | 21,080 | $241,577 | 0.00% |
| 222 | UNITY SOFTWARE INC | U | 5,449 | $240,682 | 0.00% |
| 223 | PELOTON INTERACTIVE INC | PTON | 36,795 | $226,657 | 0.00% |
| 224 | SERVE ROBOTICS INC | SERV | 21,833 | $226,627 | 0.00% |
| 225 | TEMPUS AI INC | TEM | 3,756 | $221,792 | 0.00% |
| 226 | CLEAR CHANNEL OUTDOOR HLDGS | CCO | 95,912 | $211,966 | 0.00% |
| 227 | PROTO LABS INC | PRLB | 4,148 | $209,847 | 0.00% |
| 228 | ROIVANT SCIENCES LTD | ROIV | 9,662 | $209,665 | 0.00% |
| 229 | RICHTECH ROBOTICS INC | RR | 64,298 | $207,683 | 0.00% |
| 230 | PAYPAL HLDGS INC | PYPL | 3,487 | $203,599 | 0.00% |
| 231 | OSCAR HEALTH INC | OSCR | 13,755 | $197,659 | 0.00% |
| 232 | PRECIGEN INC | PGEN | 42,095 | $175,957 | 0.00% |
| 233 | GRID DYNAMICS HLDGS INC | GDYN | 19,383 | $175,028 | 0.00% |
| 234 | SOPHIA GENETICS SA | SOPH | 21,738 | $101,516 | 0.00% |