Artisan Companions, an funding administration firm, launched its “Artisan Small Cap Fund” second-quarter 2025 investor letter. A replica of the letter may be downloaded right here. International markets noticed an unbelievable however risky second quarter, shifting from deep declines to robust positive aspects. Within the quarter, its Investor Class fund ARTSX returned 7.30%, Advisor Class fund APDSX posted a return of seven.33%, and Institutional Class fund APHSX returned 7.36%, in comparison with a return of 11.97% for the Russell 2000 Progress Index. As well as, you may test the fund’s high 5 holdings to search out out its greatest picks for 2025.
In its second-quarter 2025 investor letter, Artisan Small Cap Fund highlighted shares such Freshworks Inc. (NASDAQ:FRSH). Freshworks Inc. (NASDAQ:FRSH) is a software program improvement firm that gives software-as-a-service merchandise. The one-month return of Freshworks Inc. (NASDAQ:FRSH) was -0.21%, and its shares gained 15.07% of their worth over the past 52 weeks. On August 22, 2025, Freshworks Inc. (NASDAQ:FRSH) inventory closed at $13.97 per share, with a market capitalization of $4.071 billion.
Artisan Small Cap Fund acknowledged the next relating to Freshworks Inc. (NASDAQ:FRSH) in its second quarter 2025 investor letter:
“We ended our funding campaigns in Saia, Freshworks Inc. (NASDAQ:FRSH) and Iovance in the course of the quarter. Freshworks is a cloud-based software program firm that gives options to boost buyer and worker experiences throughout varied enterprise features. We initiated a GardenSM marketing campaign on the finish of 2024 based mostly on the thesis that Freshworks would efficiently transfer upmarket, capturing enterprise from ServiceNow, and that the corporate would profit from synthetic intelligence (AI) tendencies, notably given its customer support chatbot product, which had been efficiently monetized for a number of quarters. We ended the marketing campaign this quarter resulting from considerations relating to how successfully Freshworks might transition from a seat-based to an enterprise-based pricing mannequin given AI’s potential to enhance the efficiency of its prospects whereas additionally enabling these prospects to cut back employment ranges.”
An in depth-up image of a software program engineer typing code on a laptop computer.
Freshworks Inc. (NASDAQ:FRSH) isn’t on our listing of 30 Most Standard Shares Amongst Hedge Funds. As per our database, 35 hedge fund portfolios held Freshworks Inc. (NASDAQ:FRSH) on the finish of the second quarter, which was 41 within the earlier quarter. Freshworks Inc. (NASDAQ: FRSH) reported Q2 income of $204.7 million, marking an 18% year-over-year development, with a non-GAAP working margin of twenty-two% and adjusted free money move margin of 27%. Whereas we acknowledge the potential of Freshworks Inc. (NASDAQ:FRSH) as an funding, we consider sure AI shares provide better upside potential and carry much less draw back threat. For those who’re on the lookout for an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring pattern, see our free report on the greatest short-term AI inventory.
