Reported 14 days ago
The Artisan Mid Cap Fund's third-quarter 2025 investor letter reveals a notable adjustment in holdings, particularly with Arista Networks (NYSE:ANET), which saw a significant stock rally post-Liberation Day. Despite delivering impressive returns, the fund decided to trim its position in Arista Networks due to valuation concerns, as the company's market capitalization has exceeded the mid-cap mandate. The fund reported strong performance overall, driven primarily by its health care sector investments.
Source: YAHOO