Solid Results Lifted ServiceTitan (TTAN) in Q2

TimesSquare Capital Management, an equity investment management company, released its “U.S. Small Cap Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. During the quarter, the fund returned 11.28% (gross) and 11.02% (net), compared to the Russell 2000 Growth Index by 11.97%. Equities posted double-digit returns in the second quarter as global economic activity measures lifted. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, TimesSquare Capital Small Cap Growth Strategy 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 12.88%, and YTD its shares gained 13.79% of their value. On September 11, 2025, ServiceTitan, Inc. (NASDAQ:TTAN) stock closed at $117.06 per share, with a market capitalization of $10.881 billion.

TimesSquare Capital U.S. Focus Growth Strategy stated the following regarding ServiceTitan, Inc. (NASDAQ:TTAN) in its second quarter 2025 investor letter:

“Among the wide variety of Information Technology companies, we prefer critical system providers, specialized component designers, systems that improve productivity or efficiency for their clients, and others that are growing their shares of corporate IT budgets. ServiceTitan, Inc. (NASDAQ:TTAN) provides an end-to-end cloud-based software platform that connects and manages a range of business workflows such as advertising, job scheduling, and management. Solid fiscal first quarter results led to a 12% share price gain and were driven by better subscription revenues as the company continues to execute well with commercial product adoption.”

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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. In the second of 2025, ServiceTitan, Inc. (NASDAQ:TTAN) reported total revenue of $242.1 million, up 25% year-over-year. While we acknowledge the risk and potential 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 Artisan Small Cap Fund’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.