Artisan Partners, an investment management company, launched its second-quarter 2026 investor letter for the “Artisan Mid Cap Fund”. The letter can be downloaded here. Global equities rebounded sharply in Q2 2026, recovering from March lows as resilient financial information, robust company earnings, and continued AI investment improved investor sentiment despite inflation issues, delayed price cuts, and geopolitical uncertainty. The portfolio generated robust absolute returns and outperformed the Russell Midcap® Growth Index, benefiting from semiconductor publicity within IT and robust stock choice in health care and shopper discretionary. Its Investor Class: ARTMX returned 17.86%, Advisor Class: APDMX returned 17.88%, and Institutional Class: APHMX returned 17.93% vs. a 14.55% gain for the index. Healthcare was the largest contributor, with biotech holdings driving positive factors, while shopper holdings also carried out effectively. Software publicity, aerospace and protection holdings, and communication providers positions weighed on relative efficiency. The fund continues to focus on figuring out high-quality growth corporations with sturdy secular trends and enticing valuation alternatives.
In its second-quarter 2026 investor letter, Artisan Mid Cap Fund highlighted Entegris, Inc. (NASDAQ:ENTG) as a newly added place. Headquartered in Billerica, Massachusetts, Entegris, Inc. (NASDAQ:ENTG) supplies supplies and course of options for the semiconductor and other high-technology industries. On September 04, 2026, Entegris, Inc. (NASDAQ:ENTG) closed at $138.74 per share, reflecting a market capitalization of $21.2 billion. Entegris, Inc. (NASDAQ:ENTG) posted a one‑month return of -3.79%, while its shares gained 68.91% over the previous 52 weeks.
Artisan Mid Cap Fund acknowledged the following regarding Entegris, Inc. (NASDAQ:ENTG) in its Q2 2026 investor letter:
“Entegris, Inc. (NASDAQ:ENTG) is a leading supplier of advanced materials, specialty chemicals and filtration systems used in semiconductor manufacturing. We initiated a GardenSM position in the company due to long-term content growth potential, driven by node transitions, materials innovation and advanced packaging. Recent results were thesis affirming, with improving visibility into fab construction demand, confirmed gross margin recovery potential and progress on deleveraging. The profit cycle remains early enough to be compelling, in our view, with a recovery in memory capex and wafer starts likely to support higher volume-based revenue and margin expansion over time.”