Artisan Companions, an funding administration firm, launched its fourth-quarter 2025 investor letter for “Artisan Small Cap Fund”. A replica of the letter might be downloaded right here. The Fund seeks to put money into corporations that possess franchise traits, with sturdy earnings trajectories, and are buying and selling at a reduction to the estimated personal market worth. Regardless of sturdy leads to 2025, volatility was elevated, and sentiment shifted steadily, influenced by political developments within the US, evolving commerce coverage rhetoric, altering expectations for financial coverage, and ongoing geopolitical tensions. In opposition to this backdrop, the Fund posted sturdy absolute returns within the fourth quarter, outperforming each the Russell 2000® Progress Index and the Russell 2000® Index. The portfolio delivered sturdy leads to the quarter throughout all segments. In distinction, for the complete 12 months, the Fund generated sturdy outcomes however trailed each the indexes. In This autumn 2025, the market management shifted again to corporations with sturdy revenue cycles. Transferring to 2026, the agency continues to concentrate on its confirmed strategy of figuring out revenue cycles in franchise corporations at affordable valuations. Please overview the Fund’s high 5 holdings to realize insights into their key picks for 2025.
In its fourth-quarter 2025 investor letter, Artisan Small Cap Fund highlighted shares like Lattice Semiconductor Company (NASDAQ:LSCC). Lattice Semiconductor Company (NASDAQ:LSCC) is a supplier of low-power discipline programmable gate arrays that may be custom-configured by the consumer by software program. On March 16, 2026, Lattice Semiconductor Company (NASDAQ:LSCC) inventory closed at $89.92 per share. One-month return of Lattice Semiconductor Company (NASDAQ:LSCC) was -7.77%, and its shares gained 44.31% over the previous 52 weeks. Lattice Semiconductor Company (NASDAQ:LSCC) has a market capitalization of $12.3 billion.
Artisan Small Cap Fund said the next relating to Lattice Semiconductor Company (NASDAQ:LSCC) in its fourth quarter 2025 investor letter:
“Notable trims through the quarter have been iRhythm, Flex and Lattice Semiconductor Company (NASDAQ:LSCC). Lattice is a fabless supplier of low energy discipline programmable gate arrays. Current outcomes and steerage have been according to expectations, and long run development drivers stay intact, together with increasing information middle use instances, growing AI edge computing adoption and a gradual restoration in industrial markets. We trimmed our CropSM place to take care of valuation self-discipline however stay invested, given engaging profit-cycle drivers and a succesful new administration workforce.”
