Artisan Partners released its Q4 2025 investor letter for Artisan Mid Cap Fund, with US equities ending the year strong. The Fund’s performance included -0.44% for Investor Class, -0.37% for Advisor Class, and -0.35% for Institutional Class in Q4, compared to -3.70% for the Russell Midcap® Growth Index.

In the Q4 2025 investor letter, Artisan Mid Cap Fund highlighted Veeva Systems Inc. (NYSE: VEEV), a technology company with a cloud-based software platform for the life sciences industry. VEEV stock closed at $180.31, with a one-month return of -19.57% and a market cap of $29.64 billion.

Artisan Mid Cap Fund discussed Veeva Systems Inc. (NYSE: VEEV) in its Q4 2025 letter, noting its CRM platform for pharmaceutical sales and marketing. Despite solid results and revenue growth, the Fund exited the position due to rising competitive and AI-driven risks.

Veeva Systems Inc. (NYSE: VEEV) saw increased hedge fund interest in Q4, with 74 portfolios holding the stock compared to 57 in the previous quarter. While VEEV has potential, some AI stocks may offer greater upside potential with less downside risk. Explore our report on undervalued AI stocks for more insights.

Read more at Yahoo Finance: Here’s Why Artisan Mid Cap Fund Sold Its Position in Veeva Systems (VEEV)