Polen Capital acquired 7.96 Million Novo Nordisk - ADR shares worth $991 Million. That's 2.28% of their equity portfolio (17th largest holding). The first Novo Nordisk - ADR trade was made in Q2 2013. Since then Polen Capital bought shares eighteen more times and sold shares on three occasions. The investor's estimated purchase price is $1.31 Billion, resulting in a loss of 24%.
https://www.investing.com/news/stock-market-news/bmo-capital-starts-novo-nordisk-at-outperform-432SI-3376910
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