In Q1 2026, Polen Focus Growth Portfolio returned -17.27% (net of fees) compared to -9.78% for the Index.
Starbucks was the top performing absolute and relative contributor in Q1 amid positive signs that CEO Brian Nicol's multi-year turnaround strategy is beginning to bear fruit.
In Q1 2026, we initiated new positions in Lam Research, Meta and Rollins, while we sold our holdings in Abbott Laboratories, Adobe, and Boston Scientific, Paycom and Intuit.
We also sold Adobe, Intuit and Paycom to redeploy the capital to our highest conviction software names like ServiceNow, Shopify and CoStar Group.
In Q1 2026, the Portfolio returned -17.27% (net of fees) compared to -9.78% for the Index. Top relative contributors to the Portfolio's performance included
