Artisan Partners Small Cap Fund’s Q2 2025 Investor Letter

Artisan Partners, an investment management company, released its “Artisan Small Cap Fund” second-quarter 2025 investor letter. Global markets saw an incredible but volatile second quarter, shifting from deep declines to strong gains. In the quarter, the fund’s Investor Class fund ARTSX returned 7.30%, Advisor Class fund APDSX posted a return of 7.33%, and Institutional Class fund APHSX returned 7.36%, compared to a return of 11.97% for the Russell 2000 Growth Index. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2025.

A copy of Artisan Partners Small Cap Fund’s Q2 2025 investor letter can be downloaded here.