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Alphabet Inc (GOOG), A Top Contributor in Artisan Value s Q4 Portfolio
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Here s Why Artisan Mid Cap Reduced their Roper Technologies (ROP) Position
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Is Chegg Inc. (CHGG) A Smart Long-Term Buy?
Artisan Partners Limited Partnership, a high value-added investment management firm, published its ‘Artisan Global Discovery Fund’ fourth quarter 2020 investor letter – a copy of which can be downloaded here. A return of 16.95% was recorded by its Investor Class: APFDX, 17% by its Advisor Class: APDDX, and 17.05% by its Institutional Class: APHDX, in the fourth quarter of 2020, outperforming its MSCI All Country World benchmark that delivered a 14.68% return in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Artisan Global Discovery Fund, in their Q4 2020 investor letter, mentioned Chegg, Inc. (NYSE: CHGG) and emphasized their views on the company. Chegg, Inc. is a California-based education technology company that currently has a $12.9 billion market capitalization. Since the beginning of the year, CHGG delivered a 1.84% return, impressively extending its 12-month gains to 184.7
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