Do You Believe in the Multiple Growth Opportunities for ServiceTitan (TTAN)?

Artisan Partners, an investment management company, released its “Artisan Small Cap Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Global markets saw an incredible but volatile second quarter, shifting from deep declines to strong gains. In the quarter, its 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.

In its second-quarter 2025 investor letter, Artisan Small Cap Fund highlighted stocks such as ServiceTitan, Inc. (NASDAQ:TTAN). ServiceTitan, Inc. (NASDAQ:TTAN) provides an end-to-end cloud-based software platform for activities required to install, maintain, and service the infrastructure and systems. The one-month return of ServiceTitan, Inc. (NASDAQ:TTAN) was -11.13%, and YTD its shares gained 1.90% of their value. On August 22, 2025, ServiceTitan, Inc. (NASDAQ:TTAN) stock closed at $104.82 per share, with a market capitalization of $9.504 billion.

Artisan Small Cap Fund stated the following regarding ServiceTitan, Inc. (NASDAQ:TTAN) in its second quarter 2025 investor letter:

“Notable adds in the quarter included Birkenstock, ServiceTitan, Inc. (NASDAQ:TTAN) and Stevanato. ServiceTitan is the leading vertical software provider for the trades (e.g., plumbing, HVAC, electrical), an area that has historically been underserved by technology. The company is focused on residential and commercial services that manage the full workflow—from lead generation to payment. Revenue comes from subscriptions and usage-based payment processing. We see multiple opportunities for growth, including acquiring new customers, upselling existing customers and expanding into more trades. ServiceTitan has been delivering in line with our thesis, particularly during its initial quarters as a public company amid a highly uncertain market environment. We took advantage of stock weakness following a secondary issuance after the IPO lockup to increase our position from the GardenSM to the Crop.”

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ServiceTitan, Inc. (NASDAQ:TTAN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 51 hedge fund portfolios held ServiceTitan, Inc. (NASDAQ:TTAN) at the end of the second quarter, which was 25 in the previous quarter. While we acknowledge the risk and potential of ServiceTitan, Inc. (NASDAQ:TTAN) 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 ServiceTitan, Inc. (NASDAQ:TTAN) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered ServiceTitan, Inc. (NASDAQ:TTAN) and shared Jackson Peak Capital’s views on the company. 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.