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A copy of the letter can be downloaded here. Global equities continue to rally in the third quarter, the period with double-digit YTD gains. Major US indices like Russell 1000®, Russell Midcap®, and Russell 2000® reached record highs in the period. In the quarter, the fund’s Investor Class fund ARTSX returned 8.69%, Advisor Class fund APDSX posted a return of 8.75%, and Institutional Class fund APHSX returned 8.73%, compared to a return of 12.19% 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 third-quarter 2025 investor letter, Artisan Small Cap Fund highlighted stocks such as Loar Holdings Inc. (NYSE:LOAR). Incorporated in 2017, Loar Holdings Inc. (NYSE:LOAR) designs, manufactures, and markets aerospace and defense components for aircraft and aerospace and defense systems. The one-month return of Loar Holdings Inc. (NYSE:LOAR) was -22.05%, and its shares lost 27.26% of their value over the last 52 weeks. On November 17, 2025, Loar Holdings Inc. (NYSE:LOAR) stock closed at $63.84 per share, with a market capitalization of $5.977 billion.Artisan Small Cap Fund stated the following regarding Loar Holdings Inc. (NYSE:LOAR) in its third quarter 2025 investor letter:"We also added toLoar Holdings Inc. (NYSE:LOAR), Installed Building Products and Madrigal Pharmaceuticals during the quarter. Loar Holdings is a diversified manufacturer of mission-critical components serving the aerospace and defense industries. We added Loar to the CropSM after patiently waiting for a more attractive valuation to increase our position. A weaker-than-expected earnings report from TransDigm, widely regarded as a large-cap peer due to its similar business model, created that opportunity during the quarter. Although TransDigm’s shortfall was driven by softness in the original equipment manufacturer airframe segment, where Loar has no exposure, Loar’s shares declined in parallel, reflecting investor perception of it as a smaller scale counterpart. TransDigm also experienced destocking within its distribution channel, another headwind that has not affected Loar. In contrast, Loar reported better-than-expected quarterly results and issued forward guidance that exceeded expectations."Loar Holdings Inc. (NYSE:LOAR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 45 hedge fund portfolios held Loar Holdings Inc. (NYSE:LOAR) at the end of the second quarter, up from 20 in the previous quarter. While we acknowledge the potential of Loar Holdings Inc. (NYSE:LOAR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.Condiciones y Política de privacidadPrivacy & Cookie SettingsMore InfoS&P 5006,642.16 +24.84 (+0.38%)Dow 3046,138.77 +47.03 (+0.10%)Nasdaq22,564.23 +131.38 (+0.59%)Russell 20002,347.89 -0.84 (-0.04%)VIX23.66 -1.03 (-4.17%)Gold4,106.70 +23.90 (+0.59%)Cartera de valoresInicia sesión para acceder a tu cartera de valoresIniciar sesiónPrincipales ganadoresNUVB Nuvation Bio Inc. 7.15 +2.35 (+48.96%)EXAS Exact Sciences Corporation 86.18 +16.50 (+23.68%)AMTM Amentum Holdings, Inc. 25.52 +3.73 (+17.12%)PACS PACS Group, Inc. 16.83 +2.40 (+16.63%)TMDX TransMedics Group, Inc. 133.47 +16.40 (+14.01%)Principales perdedoresWIX Wix.com Ltd. 101.70 -25.22 (-19.87%)DGNX Diginex Limited 13.46 -2.74 (-16.91%)QFIN Qfin Holdings, Inc. 19.23 -3.19 (-14.23%)ES Eversource Energy 65.26 -9.28 (-12.45%)POWL Powell Industries, Inc. 285.29 -36.10 (-11.23%)Más activosPLUG Plug Power Inc. 1.9000 -0.2400 (-11.21%)NVDA NVIDIA Corporation 186.52 +5.16 (+2.85%)ONDS Ondas Holdings Inc. 7.50 -0.34 (-4.34%)OPEN Opendoor Technologies Inc. 6.69 -0.83 (-11.04%)ABEV Ambev S.A. 2.4700 -0.0600 (-2.37%)Eventos de beneficiosMis eventos de beneficiosEventos de beneficiosTickers destacadosNVDA NVIDIA Corporation 186.52 +5.16 (+2.85%)PANW Palo Alto Networks, Inc. 199.90 -1.10 (-0.55%)CRWV CoreWeave, Inc. 74.92 +0.02 (+0.03%)AVGO Broadcom Inc. 354.42 +13.92 (+4.09%)AMD Advanced Micro Devices, Inc. 223.55 -6.74 (-2.93%)Principales eventos económicos