Artisan Partners released its Q4 2025 investor letter for the Artisan Mid Cap Fund, which focuses on investing in companies with strong earnings trajectories trading at a discount. The Fund’s performance outperformed the Russell Midcap Growth Index in the fourth quarter, with continued strength in IT and healthcare sectors. Snowflake Inc. was highlighted as a key stock in the Fund’s portfolio, closing at $172.50 per share on February 20, 2026. However, Artisan Partners ended their investment campaign in Snowflake due to valuation concerns and potential decelerating revenue growth. Snowflake is not among the 30 most popular stocks among hedge funds, with fewer funds holding positions in the company compared to the previous quarter.

Read more at Yahoo Finance: Artisan Mid Cap Fund Sold Snowflake (SNOW) Due to Elevated Valuation