Polen Capital Management disclosed 3 option positions for the 2025Q4 quarter — 0 long-calls and 3 long-puts — totaling $5.1M of underlying-share notional value. The largest exposures are a put on BWXT, a put on BE, a put on SOFI. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| PUT | BWXTBWX TECHNOLOGIES INC | 13K | $2.2M | 42.1% |
| PUT | BEBLOOM ENERGY CORP | 22K | $1.9M | 36.6% |
| PUT | SOFISOFI TECHNOLOGIES INC | 42K | $1.1M | 21.3% |
Notional = value of the underlying shares at the quarter-end snapshot, not the option premium paid. A long PUT is a bearish bet on the underlying; a long CALL is a bullish bet. The reported value is included in the portfolio total but does not reflect actual capital at risk.
Polen Capital Management, an asset manager overseeing $23.42B in disclosed equity holdings (SEC CIK 0001034524). The latest portfolio (2025Q4) discloses 231 positions across 11 sectors, with the largest positions in AMZN, MSFT and ORCL. On a mark-to-market basis the tracked portfolio has declined 7.7% since 2024Q1. OpenStocks tracks 8 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.