§ 13F · FUND PROFILE
Artisan Partners Limited Partnership.
High-conviction thematic equity
AUM · $68305.6T (13F)Positions · 342Turnover · 99% · Q4Filed · Feb 17, 2026
CONCENTRATION
25%
Top 10 holdings
NEW BUYS
+39
+$2059.1T deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-2pp · +2pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 17, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | ACGL | ARCH CAP GROUP LTD | 23.25M | $2229.9T | 3.3% | −2% |
| 2 | GOOGL | ALPHABET INC | 5.68M | $1777.9T | 2.7% | −25% |
| 3 | ELV | ELEVANCE HEALTH INC FORMERLY | 5.03M | $1764.2T | 2.6% | +10% |
| 4 | SCHW | SCHWAB CHARLES CORP | 17.21M | $1719.1T | 2.6% | −3% |
| 5 | BK | BANK NEW YORK MELLON CORP | 14.76M | $1713.4T | 2.6% | −4% |
| 6 | AXP | AMERICAN EXPRESS CO | 4.52M | $1671.2T | 2.5% | −2% |
| 7 | META | META PLATFORMS INC | 2.41M | $1591.1T | 2.4% | +6% |
| 8 | ARGX | ARGENX SE | 1.76M | $1477.5T | 2.2% | −20% |
| 9 | SU | SUNCOR ENERGY INC NEW | 32.82M | $1456.7T | 2.2% | −3% |
| 10 | LRCX | LAM RESEARCH CORP | 7.95M | $1361.1T | 2.0% | −25% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other53.7% (+2pp)
Financial Services11.5% (±0)
Media8.5% (−1pp)
Insurance8.4% (±0)
Technology8.1% (−2pp)
Health Care7.4% (+1pp)
§ 03 · THE ARTISAN SIGNAL
AC read
Artisan Partners Limited Partnership is a Quality / Compounder fund managing $68305557.3 trillion in assets. The fund runs a broad portfolio of 342 positions, broad diversification across holdings, with the top 10 accounting for 25%. Trading activity is aggressive at 99% quarterly turnover, with 39 new positions and 0 exits last quarter. Top sector allocations: Other (54%), Financial Services (12%), Media (9%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Busy quarter
+39 buys · −0 exits · 298 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed