Polen Global Growth adds Seagate, AMD And SK Hynix, trims Nvidia and Broadcom among Q3 moves

In the third quarter, Polen Global Growth Composite Portfolio returned 3.5% net of fees, outperforming the MSCI ACWI Index by 1.9 percentage points, which returned 1.6% over the same period.

During the quarter, the fund initiated new positions in Seagate Technology STX, Advanced Micro Devices AMD, Quanta Services PWR, and SK Hynix SKHY.

The fund also strengthened its existing positions in Meta Platforms META and Keyence KYCCF.

Meanwhile, the fund exited its position in Oracle ORCL. It had been gradually trimming its Oracle stake before exiting the remaining position to fund its new investment in SK Hynix.

Additionally, the fund trimmed positions in NVIDIA NVDA, Broadcom AVGO, Shopify SHOP, ServiceNow NOW, Tencent TCEHY, Aon AON, Adyen ADYEY, and Tokyo Electron TOELF.

Source: press release