Artisan Value Fund’s Q4 2025 Investor Letter

Artisan Partners, an investment management company, released its fourth-quarter 2025 investor letter for “Artisan Value Fund”.  The Fund seeks to invest in undervalued companies with strong financial condition and attractive business economics. US equities ended a record year with robust fourth-quarter gains. AI remains the main theme of the market, and large-cap stocks led the rally in the fourth quarter. Against this backdrop, the portfolio outperformed the Russell 1000® Value Index in Q4 and returned 4.60% compared to 3.81% for the Index. In 2025, it returned 14.28% vs. 15.91% for the index. Over three, five, and ten years, the portfolio outperformed the index, reflecting its effective investment discipline. Please review the Fund’s top five holdings to gain insights into their key selections for 2025.

A copy of Artisan Value Fund’s Q4 2025 investor letter can be downloaded here.