Published on 2 Mar 2023 on Insider Monkey via Yahoo Finance
Artisan Partners, an investment management company, released its “Artisan Value Fund” fourth quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund outperformed the Russell 1000 Value Index. Its Investor Class fund ARTLX returned 14.04%, Advisor Class fund APDLX posted a return of 14.14%, and Institutional Class fund APHLX returned 14.10% in the quarter, compared to a 12.42% return for the benchmark index. Positive stock selection led to the outperformance of the fund in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2022.
Artisan Value Fund highlighted stocks like Koninklijke Philips N.V. (NYSE:PHG) in the Q4 2022 investor letter. Headquartered in Amsterdam, the Netherlands, Koninklijke Philips N.V. (NYSE:PHG) is a health technology company. On March 1, 2023, Koninklijke Philips N.V. (NYSE:PHG) stock closed at $16.10 per share. One-month return of Koninklijke Philips N.V. (NYSE:PHG) was -11.68%, and its shares lost 48.61% of their value over the last 52 weeks. Koninklijke Philips N.V. (NYSE:PHG) has a market capitalization of $14.448 billion.