Do You Believe in the Growth Potential of Nu Holdings (NU)?

Artisan Partners, an investment management company, released its “Artisan Developing World Fund” second quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund (Investor Class) returned 14.40% compared to 11.99% for the MSCI Emerging Markets Index. The Artisan Developing World Fund has returned 192.04% cumulatively, since June 30, 2015, compared to 60.03% for the index. Equities rose in the quarter despite uncertainty around US trade initiatives, strife in longer-dated bond markets, shifts in global currency preferences, and flash points in geopolitical conditions. US markets outperformed international markets in local currency terms for the same period. 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 Developing World Fund highlighted stocks such as Nu Holdings Ltd. (NYSE:NU). Headquartered in São Paulo, Brazil, Nu Holdings Ltd. (NYSE:NU) is a digital banking platform. The one-month return of Nu Holdings Ltd. (NYSE:NU) was 6.50%, and its shares gained 2.88% of their value over the last 52 weeks. On July 8, 2025, Nu Holdings Ltd. (NYSE:NU) stock closed at $13.59 per share, with a market capitalization of $65.564 billion.

Artisan Developing World Fund stated the following regarding Nu Holdings Ltd. (NYSE:NU) in its second quarter 2025 investor letter:

Top contributors to performance for the quarter included MercadoLibre, CrowdStrike, Latin American financial services company Nu Holdings Ltd. (NYSE:NU), Sea, and ARM Holdings. Nubank benefited from reaccelerating installment lending and stabilizing net interest margins, and may have also seen an uplift from growing interest in leading fintech-related companies following recent successful public offerings.

5 Highest Paying Countries for Business Analysts

A business professional banking from their laptop, taking advantage of the company’s investment services.

Nu Holdings Ltd. (NYSE:NU) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held Nu Holdings Ltd. (NYSE:NU) at the end of the first quarter, compared to 79 in the previous quarter. While we acknowledge the risk and potential of NU 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 NU and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Nu Holdings Ltd. (NYSE:NU) and shared the list of best fintech stocks to buy. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

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