- Polen Capital is a global independently-owned growth equity boutique, led by an experienced team of investment professionals who are committed to preserving and growing the assets of our clients through a prudent and disciplined long-term investment approach.
- During the third quarter of 2021, the Polen Focus Growth Composite Portfolio returned 2.78% gross of fees versus 1.16% for the Russell 1000 Growth Index and 0.59% for the S&P 500.
- Year to date, the Portfolio returned 18.51% gross of fees versus 14.30% for the Index and 15.93% for the S&P 500.
- In the third quarter, we acquired Airbnb, added to Autodesk, Amazon, and Mastercard, and trimmed our positions in Adobe, Microsoft, Zoetis, Accenture, Starbucks, and ServiceNow.
- The businesses in the Portfolio that were negatively impacted by the direct effects of COVID-19 have seen resurgences in revenue and earnings growth, while those thatbenefited in specific ways have continued toexperience robust demand.
For further details see:
Polen Capital Focus Growth Portfolio Manager Commentary Q3 2021