Navigating Market Dynamics: A Look at the Artisan Mid Cap Fund's Q4 2025 Performance
Overview of Q4 2025 Performance Against Benchmarks
During the fourth quarter of 2025, the Artisan Mid Cap Fund recorded a minor negative absolute return. However, this performance notably surpassed that of the Russell Midcap\u00ae Growth Index, indicating effective management in a challenging market.
Key Growth Sectors and Influential Holdings
The information technology sector proved to be a significant strength for the portfolio, primarily due to strategic investments in companies involved in data center and artificial intelligence infrastructure. Additionally, strong product introductions from pharmaceutical firms such as Insmed (INSM), Ascendis Pharma, and Argenx (ARGX) were crucial for the fund\u2019s overall positive relative performance.
Consumer Internet Stocks: Reversal and Underlying Health
Despite their strong gains earlier in the year, several consumer Internet companies, including ROBLOX (RBLX), Spotify (SPOT), and DoorDash (DASH), experienced a partial reversal of these gains. Despite this, their fundamental business health remained robust, suggesting that the pullback was more a market correction than a reflection of deteriorating performance.
Carvana's Strategic Market Position
Carvana, a leading used car retailer in the United States, continued to leverage its national e-commerce platform. This platform offers a wider selection of vehicles, reduced costs, and a more streamlined customer experience compared to traditional dealerships, reinforcing its competitive edge in the market.