Polen Capital

growth, quality, concentrated, active

Quarters 52

2025-03-31 $31.85B

Positions 117

Fund Profile

Stored public background and source notes.

Background

Founded 1979 by David Polen as a private wealth firm; institutionalized the Focus Growth strategy in 1989. Best known for the Focus Growth lineup (institutional and 401(k) versions) and a more recent global / international growth franchise.

Key People

Dan Davidowitz Lead PM, Focus Growth
Long-tenured PM on the flagship strategy.
Damon Ficklin Head of Large Company Growth Team
Co-PM on Focus Growth.

Track Record / Style

Focus Growth has been a long-standing top-quartile US large-cap growth strategy, with persistent ownership of Microsoft, Visa, Adobe, Accenture, and similar high-ROE compounders. 2022 was painful as the growth multiple compressed but long-run record remained intact. Concentration plus low turnover makes single-stock decisions consequential.

Profile Sources

Polen Capital

2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30

Top 10 $31.85B 117 positions total

Issuer

Value

Weight

Share Δ%

AMAZON COM INC AMZN $3.38B 10.60% -9.20% MICROSOFT CORP MSFT $2.23B 7.00% -7.33% VISA INC V $2.11B 6.63% -8.44% ORACLE CORP ORCL $1.76B 5.54% +17.58% MASTERCARD INCORPORATED MA $1.76B 5.53% -8.05% ABBOTT LABS ABT $1.51B 4.74% -10.27% SHOPIFY INC SHOP $1.46B 4.58% -10.59% ELI LILLY & CO LLY $1.45B 4.55% +35.45% ZOETIS INC ZTS $1.45B 4.55% +17.55% AON PLC $1.20B 3.77% +318.13% Others (107 positions) $13.54B 42.51%

Total Disclosed Value

2013-06-30 → 2026-03-31 · $4.20B → $14.46B