Artisan Partners’ third-quarter 2025 investor letter reported double-digit year-to-date gains in global equity markets. The Artisan Mid Cap Fund outperformed the Russell Midcap Growth Index, with returns of 8.80% for the Investor Class fund ARTMX, 8.80% for the Advisor Class fund APDMX, and 8.83% for the Institutional Class fund APHMX. The fund’s top holdings in the health care sector drove this performance.

LPL Financial Holdings Inc. (NASDAQ:LPLA) was highlighted in the Artisan Mid Cap Fund’s investor letter for its integrated brokerage and investment advisory services. The stock had a one-month return of -2.98% and a 25.56% gain over the past 52 weeks. On October 15, 2025, LPL Financial Holdings Inc. (NASDAQ:LPLA) closed at $329.25 per share with a market cap of $26.341 billion.

Artisan Mid Cap Fund detailed LPL Financial Holdings Inc. (NASDAQ:LPLA) as the largest independent broker-dealer in the US, serving over 23,000 financial advisors. The company’s long-term growth prospects are seen positively, despite recent challenges like lower interest rates affecting near-term performance. The shift towards independent advisors positions LPL well for market share gains.

LPL Financial Holdings Inc. (NASDAQ:LPLA) is not among the 30 Most Popular Stocks Among Hedge Funds, with 61 hedge fund portfolios holding the stock at the end of the second quarter. While LPL has investment potential, certain AI stocks may offer greater upside with less downside risk. Investors looking for undervalued AI stocks can explore opportunities in the market.

Read more at Yahoo Finance: Artisan Mid Cap Fund Sold Its Stake in LPL Financial Holdings (LPLA) in Q3