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Benzinga
Benzinga
AJ Fabino

Why Polen Capital Sold Starbucks In Q1

Starbucks

Polen Capital is a global investment management firm that controls over $80 billion in assets.

The company recently published its first-quarter investor letter, in which it notes that in the first quarter of 2022, its Composite Portfolio returned lost 13.39% net of fees, losing the battle against indices. The Russell 1000 Growth Index, returned a negative 9.04%, while the S&P 500 shed 4.60% in that time frame.

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