Artisan Partners
Artisan Partners Global Equity Strategy
Global Large-cap
Dec 2024 → Jun 2026
Our archive holds 8 letters from this strategy, behind 6 investment theses and positions in 13 companies. Every quote below is copied verbatim from the letter it came from.
8 letters in 3 years — follow all of Artisan Partners for every strategy.
What it bought and sold
Amid the strength, we locked in gains by completely closing our position while maintaining conviction in the broader electrification theme.
We also added Techtronic Industries, a global power tools leader with well-established brands including Milwaukee, Ryobi and AEG.
We added to the position in June as we believe lowered valuations have created an opportunity.
Sticking with electrification, we added Sumitomo Electric Industries, a Japan-based manufacturer of electric wires, cables and related equipment.
Within aerospace and defense, we sold our remaining position in Hanwha Aerospace and reduced our position in LIG Defense and Aerospace.
Within aerospace and defense, we sold our remaining position in Hanwha Aerospace and reduced our position in LIG Defense and Aerospace.
In consumer-related holdings, we initiated a position in Ryanair, a low- cost European airline with a strong balance sheet and structural cost advantage.
In consumer-related holdings, we initiated a position in Ryanair, a low-cost European airline with a strong balance sheet and structural cost advantage.
We added to the position in June as we believe lowered valuations have created an opportunity.
Also held
Its investment theses
- Ryanair Holdings PLCJun 2026Ryanair Holdings PLC has a strong balance sheet, structural cost advantages, and market-share gains driven by low fares and scale.
- Taiwan Semiconductor Manufacturing Co LtdJun 2026Taiwan Semiconductor Manufacturing Co Ltd benefits from supply-constrained advanced computing demand, improved visibility into 2027, and better pricing power with its 2nm chips.
- Sumitomo Electric Industries LtdJun 2026Sumitomo Electric Industries Ltd benefits from constrained infrastructure supply, grid and subsea cable demand, and rising electrification.
- Samsung Electronics Co LtdJun 2026Samsung Electronics is positioned to benefit from hyperscaler demand for HBM and DRAM, improving NAND margins, and share gains in HBM.
- Live Nation EntertainmentMar 2025Live Nation Entertainment is poised for growth due to strong post-pandemic demand for live events, despite potential risks from an ongoing antitrust case.
- National GridDec 2024National Grid is a promising investment in the energy transition, showing strong performance and a solid strategy to meet rising electricity demand.