Published on 1 Dec 2023 on Insider Monkey via Yahoo Finance
Artisan Partners, an investment management company, released its “Artisan Small Cap Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, its Investor Class fund ARTSX returned -7.98%, Advisor Class fund APDSX posted a return of -7.96%, and Institutional Class fund APHSX returned -7.97%, compared to a return of -7.32% for the Russell 2000 Growth Index. From a sector perspective, allocation impacts drove the sector’s underperformance, while security selection was positive. From an allocation perspective, the portfolio was hurt by its lack of exposure to energy and overweight exposure to health care. In addition, please check the fund’s top five holdings to know its best picks in 2023.
Artisan Small Cap Fund highlighted stocks like Lattice Semiconductor Corporation (NASDAQ:LSCC) in the third quarter 2023 investor letter. Based in Hillsboro, Oregon, Lattice Semiconductor Corporation (NASDAQ:LSCC) is a semiconductor products developer. On November 30, 2023, Lattice Semiconductor Corporation (NASDAQ:LSCC) stock closed at $58.55 per share. One-month return of Lattice Semiconductor Corporation (NASDAQ:LSCC) was 1.60%, and its shares lost 17.74% of their value over the last 52 weeks. Lattice Semiconductor Corporation (NASDAQ:LSCC) has a market capitalization of $8.082 billion.
Artisan Small Cap Fund made the following comment about Lattice Semiconductor Corporation (NASDAQ:LSCC) in its Q3 2023 investor letter: