Artisan Partners Limited Partnership portfolio

What changed this quarter

353 positions with a change (38 new, 92 added to, 180 trimmed, 43 sold); also, 5 entered through an IPO, 1 entered through a spin-off. 9 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Lam Research−84%fewer sharesReduced
  1.8% → 0.6%
• Nokia−1.2 ppof portfolioSold out
  1.2% → —
• Willis Towers Watson+46%more sharesIncreased
  1.8% → 2.4%
• Marsh & Mclennan Companies+49%more sharesIncreased
  1.4% → 2.0%
• Suncor Energy−37%fewer sharesReduced
  1.9% → 1.0%
• Roblox−0.5 ppof portfolioSold out
  0.5% → —
• Cencora−0.5 ppof portfolioSold out
  0.5% → —
• Advanced Micro Devices−67%fewer sharesReduced
  0.5% → 0.5%
• GE Vernova−38%fewer sharesReduced
  1.0% → 0.8%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Arch Capital GroupACGL3.4%
• Bank of New York MellonBNY3.2%
• AlphabetGOOGL3.2%
• Elevance HealthELV2.9%
• Charles SchwabSCHW2.8%
• CitigroupC2.6%
• American ExpressAXP2.5%
• IconICLR2.4%
• Willis Towers WatsonWTW2.4%
• Berkshire HathawayBRK/B2.4%
• ArgenxARGX2.3%
• Meta PlatformsMETA2.2%
• GarminGRMN2.1%
• Marsh & Mclennan CompaniesMRSH2.0%
• ProgressivePGR1.8%
• Axalta Coating SystemsAXTA1.8%
• Amazon.comAMZN1.7%
• IQVIA HoldingsIQV1.5%
• CoupangCPNG1.4%
• West Pharmaceutical ServicesWST1.4%
• Ascendis Pharma A/SASND1.1%
• Spotify TechnologySPOT1.0%
• AonAON1.0%
• BroadcomAVGO1.0%
• Baker HughesBKR1.0%
• Edwards LifesciencesEW1.0%
• Suncor EnergySU1.0%
• WoodwardWWD0.9%
• InsmedINSM0.9%
• Taiwan Semiconductor ManufacturingTSM0.9%
• Henry ScheinHSIC0.9%
• Lattice SemiconductorLSCC0.9%
• SeaSE0.9%
• GE VernovaGEV0.8%
• CBRE GroupCBRE0.8%
• Twist BioscienceTWST0.8%
• ShopifySHOP0.8%
• NVIDIANVDA0.7%
• DoorDashDASH0.7%
• Comfort Systems USAFIX0.7%
• RTXRTX0.6%
• Eli LillyLLY0.6%
• RBC BearingsRBC0.6%
• Somnigroup InternationalSGI0.6%
• SiTimeSITM0.6%
• Lam ResearchLRCX0.6%
• CNH IndustrialCNH0.5%
• Carrier GlobalCARR0.5%
• GE AerospaceGE0.5%
• VeracyteVCYT0.5%
• Modine ManufacturingMOD0.5%
• LindeLIN0.5%
• L3harris TechnologiesLHX0.5%
• Advanced Micro DevicesAMD0.5%
• Robinhood MarketsHOOD0.5%
• Williams CompaniesWMB0.5%
• JPMorgan ChaseJPM0.5%
• APi GroupAPG0.5%
• Fifth Third BancorpFITB0.5%
• Live Nation EntertainmentLYV0.5%
• US Foods HoldingUSFD0.4%
• MercadoLibreMELI0.4%
• MACOM Technology Solutions HoldingsMTSI0.4%
• Teledyne TechnologiesTDY0.4%
• Capital One FinancialCOF0.4%
• Guardant HealthGH0.4%
• Viking HoldingsVIK0.4%
• Micron TechnologyMU0.4%
• WatersWAT0.3%
• STMicroelectronicsSTM0.3%
• Ionis PharmaceuticalsIONS0.3%
• EntegrisENTG0.3%
• BWX TechnologiesBWXT0.3%
• Tyler TechnologiesTYL0.3%
• Liberty MediaFWONK0.3%
• iRhythm HoldingsIRTC0.3%
• AppleAAPL0.3%
• LivaNovaLIVN0.3%
• CorningGLW0.3%
• Monolithic Power SystemsMPWR0.3%
• VisaV0.3%
• Akamai TechnologiesAKAM0.3%
• CompassCOMP0.3%
• Bloom EnergyBE0.3%
• Nu HoldingsNU0.3%
• CoherentCOHR0.3%
• MakeMyTripMMYT0.3%
• CrowdStrike HoldingsCRWD0.3%
• EatonETN0.3%
• WESCO InternationalWCC0.2%
• H World GroupHTHT0.2%
• CognexCGNX0.2%
• Citizens Financial GroupCFG0.2%
• FTAI AviationFTAI0.2%
• Astera LabsALAB0.2%
• MongodbMDB0.2%
• Ingersoll RandIR0.2%
• SemtechSMTC0.2%
• ServiceNowNOW0.2%
• Goldman Sachs GroupGS0.2%