In a significant portfolio shift, Polen Capital Management reduced its stake in Synopsys (SNPS) by 93.85% during the second quarter of 2026. The firm's holdings were cut from 671.23K shares down to just 41.27K. This trade reduced the position's weight in the portfolio from 1.84% to a mere 0.16%.
This information comes from a quarterly 13F filing with the SEC, which discloses long positions held by institutional investors but is released with a delay after the trading period. Public reporting indicates Polen Capital sold its Synopsys stake to increase its position in NVIDIA, as part of a strategic bet on the AI infrastructure sector.