Artisan Small Cap Fund가 SharkNinja (SN) 지분을 매각한 이유

Artisan Partners, an investment management company, released its fourth-quarter 2025 investor letter for “Artisan Small Cap Fund”. A copy of the letter can be downloaded here. The Fund seeks to invest in companies that possess franchise characteristics, with strong earnings trajectories, and are trading at a discount to the estimated private market value. Despite strong results in 2025, volatility was elevated, and sentiment shifted frequently, influenced by political developments in the US, evolving trade policy rhetoric, changing expectations for monetary policy, and ongoing geopolitical tensions. Against this backdrop, the Fund posted strong absolute returns in the fourth quarter, outperforming both the Russell 2000® Growth Index and the Russell 2000® Index. The portfolio delivered strong results in the quarter across all segments. In contrast, for the full year, the Fund generated strong results but trailed both the indexes. In Q4 2025, the market leadership shifted back to companies with durable profit cycles. Moving to 2026, the firm continues to focus on its proven technique of identifying profit cycles in franchise companies at reasonable valuations. Please review the Fund’s top five holdings to gain insights into their key selections for 2025.
In its fourth-quarter 2025 investor letter, Artisan Small Cap Fund highlighted stocks like SharkNinja, Inc. (NYSE:SN). SharkNinja, Inc. (NYSE:SN) is a consumer products company that offers cleaning, beauty, and kitchen appliances. On March 16, 2026, SharkNinja, Inc. (NYSE:SN) stock closed at $102.95 per share. One-month return of SharkNinja, Inc. (NYSE:SN) was -21.68%, and its shares gained 18.57% over the past 52 weeks. SharkNinja, Inc. (NYSE:SN) has a market capitalization of $14.541 billion.
Artisan Small Cap Fund stated the following regarding SharkNinja, Inc. (NYSE:SN) in its fourth quarter 2025 investor letter:
"Along with Insmed, we also ended our investment campaigns in Integer Holdings and SharkNinja, Inc. (NYSE:SN) during the quarter. SharkNinja is a leading consumer products company with brands spanning cleaning, beauty and kitchen appliances. We ended our multiyear campaign in SharkNinja during the quarter. The company continues to deliver one of the most innovation-driven profit cycles in the consumer spending sector, but we exited the position in line with our valuation discipline."
SharkNinja, Inc. (NYSE:SN) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 77 hedge fund portfolios held SharkNinja, Inc. (NYSE:SN) at the end of the fourth quarter, up from 71 in the previous quarter. While we acknowledge the potential of SharkNinja, Inc. (NYSE:SN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Artisan Partners, an investment management company, released its fourth-quarter 2025 investor letter for “Artisan Small Cap Fund”. A copy of the letter can be downloaded here. The Fund seeks to invest in companies that possess franchise characteristics, with strong earnings trajectories, and are trading at a discount to the estimated private market value. Despite strong results in 2025, volatility was elevated, and sentiment shifted frequently, influenced by political developments in the US, evolving trade policy rhetoric, changing expectations for monetary policy, and ongoing geopolitical tensions. Against this backdrop, the Fund posted strong absolute returns in the fourth quarter, outperforming both the Russell 2000® Growth Index and the Russell 2000® Index. The portfolio delivered strong results in the quarter across all segments. In contrast, for the full year, the Fund generated strong results but trailed both the indexes. In Q4 2025, the market leadership shifted back to companies with durable profit cycles. Moving to 2026, the firm continues to focus on its proven technique of identifying profit cycles in franchise companies at reasonable valuations. Please review the Fund’s top five holdings to gain insights into their key selections for 2025.
In its fourth-quarter 2025 investor letter, Artisan Small Cap Fund highlighted stocks like SharkNinja, Inc. (NYSE:SN). SharkNinja, Inc. (NYSE:SN) is a consumer products company that offers cleaning, beauty, and kitchen appliances. On March 16, 2026, SharkNinja, Inc. (NYSE:SN) stock closed at $102.95 per share. One-month return of SharkNinja, Inc. (NYSE:SN) was -21.68%, and its shares gained 18.57% over the past 52 weeks. SharkNinja, Inc. (NYSE:SN) has a market capitalization of $14.541 billion.
Artisan Small Cap Fund stated the following regarding SharkNinja, Inc. (NYSE:SN) in its fourth quarter 2025 investor letter:
"Along with Insmed, we also ended our investment campaigns in Integer Holdings and SharkNinja, Inc. (NYSE:SN) during the quarter. SharkNinja is a leading consumer products company with brands spanning cleaning, beauty and kitchen appliances. We ended our multiyear campaign in SharkNinja during the quarter. The company continues to deliver one of the most innovation-driven profit cycles in the consumer spending sector, but we exited the position in line with our valuation discipline."
SharkNinja, Inc. (NYSE:SN) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 77 hedge fund portfolios held SharkNinja, Inc. (NYSE:SN) at the end of the fourth quarter, up from 71 in the previous quarter. While we acknowledge the potential of SharkNinja, Inc. (NYSE:SN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.