Core Insights - Artisan Partners' "Artisan Small Cap Fund" reported strong performance in Q3 2025, with major US indices reaching record highs and the fund's Investor Class returning 8.69% [1] - MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was highlighted as a key stock, showing a one-month return of 12.47% and a 52-week gain of 30.17% [2] - Despite operational challenges due to an accelerated transition of a fabrication facility, MACOM's quarterly results exceeded expectations, prompting the fund to increase its position in the stock [3] Fund Performance - The Artisan Small Cap Fund's Investor Class returned 8.69%, Advisor Class 8.75%, and Institutional Class 8.73%, while the Russell 2000 Growth Index returned 12.19% [1] - The fund's top holdings for 2025 can be reviewed for potential investment insights [1] Company Performance - MACOM Technology Solutions reported record revenue of $261.2 million in Q4 2025, reflecting a 3.6% sequential increase and a 30.1% year-over-year growth [4] - The company faced temporary margin pressures due to operational control of a facility acquired from Wolfspeed, but the impact is expected to be short-lived [3] Market Position - As of the end of Q2 2025, MACOM was held by 34 hedge fund portfolios, a slight decrease from 36 in the previous quarter [4] - While MACOM is recognized for its potential, other AI stocks are considered to offer greater upside with less downside risk [4]