Artisan Small Cap Fund Trimmed SharkNinja (SN) in Q3

1 week ago 9

Soumya Eswaran

Tue, November 18, 2025 astatine 6:39 AM CST 3 min read

Artisan Partners, an concern absorption company, released its “Artisan Small Cap Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. Global equities proceed to rally successful the 3rd quarter, the play with double-digit YTD gains. Major US indices similar Russell 1000®, Russell Midcap®, and Russell 2000® reached grounds highs successful the period. In the quarter, the fund’s Investor Class money ARTSX returned 8.69%, Advisor Class money APDSX posted a instrumentality of 8.75%, and Institutional Class money APHSX returned 8.73%, compared to a instrumentality of 12.19% for the Russell 2000 Growth Index. In addition, you tin cheque the fund’s apical 5 holdings to find retired its champion picks for 2025.

In its third-quarter 2025 capitalist letter, Artisan Small Cap Fund highlighted stocks specified arsenic SharkNinja, Inc. (NYSE:SN). SharkNinja, Inc. (NYSE:SN) is simply a merchandise plan and exertion institution that provides cleaning, cooking, beverage, nutrient preparation, and quality appliances. The one-month instrumentality of SharkNinja, Inc. (NYSE:SN) was -9.43%, and its shares mislaid 14.40% of their worth implicit the past 52 weeks. On November 17, 2025, SharkNinja, Inc. (NYSE:SN) banal closed astatine $84.64 per share, with a marketplace capitalization of $11.947 billion.

Artisan Small Cap Fund stated the pursuing regarding SharkNinja, Inc. (NYSE:SN) successful its 3rd 4th 2025 capitalist letter:

"In summation to Insmed, mentioned previously, notable trims successful the 4th included SharkNinja, Inc. (NYSE:SN) and Ascendis Pharma. SharkNinja is simply a starring user products company, with its Shark marque focused connected cleaning and quality and its Ninja marque specializing successful nutrient mentation and cooking. We trimmed our presumption successful precocious 2024 and aboriginal 2025 owed to elevated expectations that we believed were improbable to beryllium met—particularly amid rising concerns astir the interaction of tariffs connected the company’s nett cycle. As tariff headwinds became much evident and valuation assumptions normalized, we added backmost to the position. With valuation expectations elevated erstwhile again, we took the accidental to harvest immoderate superior this quarter."

SharkNinja, Inc. (NYSE:SN) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 65 hedge money portfolios held SharkNinja, Inc. (NYSE:SN) astatine the extremity of the 2nd quarter, down from 69 successful the erstwhile quarter. In the 3rd 4th of 2025, SharkNinja, Inc.'s (NYSE:SN) nett income accrued 14.3% year-over-year to $1.63 billion. While we admit the imaginable of SharkNinja, Inc. (NYSE:SN) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.