Artemis Funds
Artemis UK Special Situations Fund
UK Small-cap Opportunistic
Dec 2024 → Mar 2026
Our archive holds 4 letters from this strategy, behind 5 investment theses and positions in 24 companies. Every quote below is copied verbatim from the letter it came from.
4 letters in 3 years · follow all of Artemis Funds for every strategy.
What it bought and sold
In response to the weakness, we added to the existing holding in Entain and started a new holding in Flutter Entertainment.
In response to the weakness, we added to the existing holding in Entain and started a new holding in Flutter Entertainment.
With operational momentum lagging our expectations, we sold what remained of our holding.
We added to the holding.
We added three new holdings in the quarter: Flutter Entertainment, RELX and Videndum.
And we sold our holdings in Smiths Group and Morgan Advanced Materials.
We added three new holdings in the quarter: Flutter Entertainment, RELX and Videndum.
Also held
Its investment theses
- YouGov plcDec 2025YouGov is a proprietary data-driven research firm with high ROC and recurring revenue, poised to reaccelerate growth by leveraging AI and LLMs on its large consumer panel.
- 4imprintSep 20254imprint is the largest distributor of custom-printed promotional merchandise in North America, currently facing short-term challenges due to tariffs but poised for long-term growth and increased market share.
- Coats Group plcSep 2025Coats is the global leader in industrial threads, recently strengthening its growth platform through the $770m acquisition of insole technology provider Ortholite.
- BarrattDec 2024Barratt is seizing an attractive entry point after sector weakness
- Lloyds Banking GroupDec 2024Lloyds Banking Group is a quality UK bank with manageable risks from recent reviews