Artisan Partners released its third-quarter 2025 investor letter, reporting returns of 0.83% for Investor Class ARTLX, 0.91% for Advisor Class APDLX, and 0.90% for Institutional Class APHLX, compared to a 5.33% return for the Russell 1000 Value Index. The fund’s top 5 holdings for 2025 can be viewed in the letter.

The third-quarter 2025 investor letter from Artisan Value Fund highlighted Diageo plc (NYSE:DEO), a company involved in the production and distribution of alcoholic beverages. Diageo plc (NYSE:DEO) experienced a one-month return of -6.53% and a 52-week loss of 31.87%, closing at $86.32 per share on December 26, 2025.

Artisan Value Fund mentioned in its third-quarter 2025 investor letter that its stock selection was broadly negative in Q3, particularly in the consumer staples sector. Companies like Kerry Group, Philip Morris International, and Diageo plc (NYSE:DEO) were identified as laggards, contributing to underperformance in the portfolio.

Read more at Yahoo Finance: Multiple Headwinds Affected Diageo plc (DEO) in Q3