Artisan Mid Cap Fund Trimmed Tradeweb Markets (TW) Due to Its Less Attractive Valuation

Artisan Partners, an investment management company, released its “Artisan Mid Cap Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund’s Investor Class fund ARTMX returned 14.40%, Advisor Class fund APDMX posted a return of 14.45%, and Institutional Class fund APHMX returned 14.50%, compared to a 18.20% return for the Russell Midcap Growth Index. Global markets experienced a significant but volatile Q2, rotating from double-digit declines to double-digit gains. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Artisan Mid Cap Fund highlighted stocks such as Tradeweb Markets Inc. (NASDAQ:TW). Tradeweb Markets Inc. (NASDAQ:TW) is a global financial technology company that builds and operates electronic marketplaces. The one-month return of Tradeweb Markets Inc. (NASDAQ:TW) was 1.82%, and its shares gained 21.05% of their value over the last 52 weeks. On August 7, 2025, Tradeweb Markets Inc. (NASDAQ:TW) stock closed at $137.13 per share, with a market capitalization of $29.956 billion.

Artisan Mid Cap Fund stated the following regarding Tradeweb Markets Inc. (NASDAQ:TW) in its second quarter 2025 investor letter:

“Notable trims in the quarter included Tradeweb Markets Inc. (NASDAQ:TW), Robinhood and Lattice Semiconductor. Tradeweb operates one of the largest global over-the-counter fixed income electronic trading marketplaces. We believe the company should benefit from its leadership position within large and growing markets that are increasingly shifting transactions to electronic trading venues. Recent results showed rising trading volumes and strong revenue growth. We trimmed our position due to its less attractive valuation and redeployed the capital into higher conviction ideas.”

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Tradeweb Markets Inc. (NASDAQ:TW) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held Tradeweb Markets Inc. (NASDAQ:TW) at the end of the first quarter which was 45 in the previous quarter. While we acknowledge the risk and potential of Tradeweb Markets Inc. (NASDAQ:TW) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Tradeweb Markets Inc. (NASDAQ:TW) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Tradeweb Markets Inc. (NASDAQ:TW) and shared the list of Baron FinTech Fund’s views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q2 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.