Polen Focus Growth Strategy Exited its Position in Gartner (IT) in Q3

Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The equity market continued its strong performance in the third quarter of 2025, driven by enthusiasm for generative AI and strength in the semiconductor sector. In the quarter, the focus shifted to positive economic surprises, fiscal policy optimism, and better-than-expected corporate earnings. In the quarter, the strategy returned 3.34% (gross) and 3.14% (net) compared to 10.51% for the Russell 1000 Growth Index and 8.12% for the S&P 500 Index. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Polen Focus Growth Strategy highlighted stocks such as Gartner, Inc. (NYSE:IT). Established in 1979, Gartner, Inc. (NYSE:IT) is a research and advisory company that operates through research, conferences, and consulting segments. The one-month return of Gartner, Inc. (NYSE:IT) was -2.20%, and its shares lost 53.71% of their value over the last 52 weeks. On October 13, 2025, Gartner, Inc. (NYSE:IT) stock closed at $245.36 per share, with a market capitalization of $18.583 billion.

Polen Focus Growth Strategy stated the following regarding Gartner, Inc. (NYSE:IT) in its third quarter 2025 investor letter:

“We exited our small position in Gartner, Inc. (NYSE:IT) after more than 12 years, during which earnings and share price each grew about 7.5x, delivering a 17.5% annualized return—exactly what we hoped for. This performance was driven by the subscription-based research business, which historically delivered consistent double-digit revenue growth at high margins. While management still targets 10% revenue growth, actual growth has slowed to mid-to-high single digits due to incremental headwinds. With limited margin expansion ahead, we have less confidence in Gartner’s ability to generate sufficient EPS growth for attractive returns.”

In another article, we covered Gartner, Inc. (NYSE:IT) and shared the list of stocks Jim Cramer shared insights on. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.