Flex Ltd. (FLEX) Outgrew the Fund’s Small-Cap Mandate on AI Data Center Strength

1 month ago 32

Ricardo Pillai

Mon, July 27, 2026 astatine 8:06 AM CDT 3 min read

Artisan Partners, an concern absorption company, released its second-quarter 2026 capitalist missive for its "Artisan Small Cap Fund". A transcript of the missive tin be downloaded here. The money reported beardown implicit returns and modestly outperformed the Russell 2000® Growth Index, which gained 25.7%. Global equities rebounded arsenic resilient US growth, moderating inflation, beardown net and continued AI concern outweighed delayed complaint cuts, rising enslaved yields and geopolitical uncertainty. Investor Class: ARTSX, Advisor Class: APDSX, and Institutional Class: APHSX returned 26.02%, 26.05%, and 26.11%, respectively, successful the 2nd quarter, compared to a 25.71% instrumentality for the index. Market enactment favored loss-making, highly leveraged companies, creating a hard situation for quality-focused progressive managers. Health attraction was the strongest comparative contributor, portion energy, materials, financials and existent property besides helped. Technology, industrials and user discretionary detracted, partially due to the fact that the money did not ain oversized scale contributors. Software holdings besides weakened contempt beardown fundamentals. The money remains affirmative connected small-cap opportunities, AI infrastructure and wellness care, but has reduced bundle vulnerability and is staying selective arsenic valuations emergence and competitory risks increase. In addition, delight cheque the Fund's apical 5 holdings to cognize its champion picks successful 2026.

In its second-quarter 2026 capitalist letter, Artisan Small Cap Fund highlighted Flex Ltd. (NASDAQ:FLEX). Flex Ltd. (NASDAQ:FLEX) provides exertion innovation, proviso chain, and manufacturing solutions to information center, communications, enterprise, consumer, automotive, healthcare, industrial, and powerfulness industries. On July 24, 2026, Flex Ltd. (NASDAQ:FLEX) closed astatine $127.00 per share. One-month instrumentality of Flex Ltd. (NASDAQ:FLEX) was -25.73% and its shares gained 134.72% implicit the past 52 weeks. Flex Ltd. (NASDAQ:FLEX) has a marketplace capitalization of $43.42 cardinal with a 52-week trading scope betwixt $47.83 - $166.86.

Artisan Small Cap Fund stated the pursuing regarding Flex Ltd. (NASDAQ:FLEX) successful its Q2 2026 capitalist letter:

"Flex Ltd. (NASDAQ:FLEX) is a planetary manufacturing and proviso concatenation solutions supplier with vulnerability to high-margin AI and unreality information halfway infrastructure, peculiarly powerfulness and cooling systems. The company's marketplace capitalization has progressively moved beyond the mandate of our small-cap strategy, starring america to reallocate superior to much charismatic opportunities wrong our investable universe."

Read Entire Article