Going beyond with the Polen Large Company Growth Team

Our Large Company Growth strategies are based on a high-conviction, quality mindset, and our efforts are focused on both growth and capital preservation. With disciplined, unemotional selling criteria and risk mitigation guardrails underpinning our process, we seek to identify quality companies that we believe are positioned for long-term sustainable growth and continuously re-evaluate these companies with an objective lens.

We are driven by our pursuit for what we believe is our best idea companies, following a rigorous screening and iterative deep-dive research process, going beyond fundamentals to invest across the growth spectrum, and focusing on our goal of delivering consistent, risk-minded returns.

Expertise, Experience & Analysis

The Large Company Growth Team is a diverse group where every member serves as an equity analyst. The team has deep experience with stock selection, uses a highly collaborative and disciplined research and management process, and focuses on our best ideas to identify and maintain concentrated portfolios of what we believe are the highest quality companies worldwide.

Located: Boca Raton, FL
Head of Team: Damon Ficklin, Portfolio Manager & Analyst
Average Team Member Experience: 13 years

Our Investment Philosophy

  • Concentrated Portfolio: High Active Share + Best Ideas Portfolio
  • Risk Management: Don’t Lose Mentality
  • Hold Period: Long-Term Time Arbitrage
  • Outcome Orientation: “Weighing Machine vs. Voting Machine”

We are committed to pursuing a high conviction strategy designed to add value and grow the assets of our clients over the long term.

—Damon Ficklin, Head of Team, Portfolio Manager & Analyst

Polen Large Company Growth Strategies

U.S. Equity, Large Cap

Polen Focus Growth

Number of holdings: 20-30

Global Equity, Large Cap

Polen Global Growth

Number of holdings: 25-35

International Equity, Large Cap

Polen International Growth

Number of holdings: 25-35

Our Time-Tested Approach

Polen Large Company Growth Stock Selection Process

The Large Company Growth Team selects stocks through its time-tested process, which has been  fine-tuned over three decades and utilizes in-depth research and stringent guardrails for objective screening and monitoring. Our efforts focus on identifying and keeping only what we have identified to be our best ideas that demonstrate competitive advantages and sustainable growth potential across long-term time horizons.  

 

The Polen Large Company Growth strategies typically hold 20 to 35 companies that the portfolio management team feels are the highest-quality growth names. Examples as of 9/30/2021 include:

Adobe is the market leader in digital and creative software solutions. With low leverage, high profitability, high recurring revenues, and a capital-light business model, Adobe continues to strengthen its value proposition as a mission-critical partner to governments and enterprises. The need for a digital-first customer experience is accelerating, in our view, and we expect the demand for Adobe’s services to increase.

Through its global brand power and ability to outspend competitors, we believe Adidas has strong competitive advantages. We expect that the company’s robust omnichannel capabilities and capital allocation strategy and the increasing worldwide demand for athletic apparel will support sustainable and robust profit growth for Adidas.

MercadoLibre operates Latin America’s leading e-commerce website and digital wallet, and we believe the company has a compelling growth runway. E-commerce and consumer finance are underpenetrated among the nearly 400 million citizens across its three largest markets: Brazil, Argentina, and Mexico, and MercadoLibre has steadily expanded its reach with new services for both merchants and consumers.

Recent Large Company Growth Perspectives

- Commentary, Video

We think the best way to offset valuation compression is through investing in companies that can contribute continuous and robust earnings growth to the Portfolio.

- Commentary, Video

We own only what we believe to be the most competitively advantaged companies offering differentiated products, which grants them a degree of pricing power.

- Commentary, Video

While pockets of volatility can appear and impact short-term performance, our focus remains on maintaining a Portfolio geared for long-term earnings growth.

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A Collaborative & Research Driven Team

Polen Capital Management, LLC is an independent registered investment advisor.

The information is provided for illustrative purposes only. Opinions and views expressed constitute the judgment of Polen Capital as of the period indicated , may involve a number of assumptions and estimates which are not guaranteed, and are subject to change without update. Although the information and any opinions or views given have been obtained from or based on sources believed to be reliable, no warranty or representation is made as to their correctness, completeness or accuracy. Opinions, estimates, forecasts, and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without update, including any forward-looking estimates or statements which are based on certain expectations and assumptions. The views and strategies described may not be suitable for all clients. This information does not identify all the risks (direct or indirect) or other considerations which might be material to you when entering any financial transaction.

Holdings are subject to change. The holdings, as well as other data, are as of the period indicated and should not be considered as a recommendation to purchase, hold or sell any particular security. There is no assurance that any of the securities noted will remain in a portfolio at the time you review this information. Actual holding and percentage allocation in individual client portfolios may vary and are subject to change. The securities discussed do not necessarily represent the entire portfolio. It should not be assumed that any of the holdings discussed were or will prove to be profitable or that the investment recommendations or decisions we make in the future will be profitable. A list of all securities held in this portfolio in the prior year is available upon request. Past performance does not guarantee future results and profitable results cannot be guaranteed.