13FPulse
AP

APAM ARTISAN PARTNERS ASSET MA -A

2026Q2 · CUSIP 04316A108 · Sector: Financials

Normal

Fund flows are within the usual range

Funds that own it
370
Institutions that reported holding it to the SEC
Net decrease in holders
9
Last quarter 379 → now 370
How unusual is that
Bottom 20%
Stronger than only 14% of US stocks
What the filings say, in one paragraph

370 funds held APAM at the end of 2026Q2, down 9 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $1.2B(YoY +9.8%), the P/E is 9.9x, return on equity is 71.5%. APAM has had 16 buying rushes in its history, and the price moved +10.1% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=101 2013Q4: holders=130 2014Q1: holders=151 2014Q2: holders=157 2014Q3: holders=140 2014Q4: holders=144 2015Q1: holders=160 2015Q2: holders=153 2015Q3: holders=160 2015Q4: holders=155 2016Q1: holders=156 2016Q2: holders=169 2016Q3: holders=166 2016Q4: holders=171 2017Q1: holders=178 2017Q2: holders=188 2017Q3: holders=183 2017Q4: holders=214 2018Q1: holders=227 2018Q2: holders=209 2018Q3: holders=212 2018Q4: holders=194 2019Q1: holders=207 2019Q2: holders=222 2019Q3: holders=210 2019Q4: holders=212 2020Q1: holders=222 2020Q2: holders=223 2020Q3: holders=250 2020Q4: holders=280 2021Q1: holders=318 2021Q2: holders=304 2021Q3: holders=297 2021Q4: holders=301 2022Q1: holders=266 2022Q2: holders=263 2022Q3: holders=258 2022Q4: holders=271 2023Q1: holders=258 2023Q2: holders=278 2023Q3: holders=297 2023Q4: holders=309 2024Q1: holders=328 2024Q2: holders=332 2024Q3: holders=341 2024Q4: holders=357 2025Q1: holders=356 2025Q2: holders=364 2025Q3: holders=397 2025Q4: holders=378 2026Q1: holders=379 2026Q2: holders=370 -38 -19 +0 +19 +38 90254417 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 16 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q3 Top 10% +5.6% -6.1%
2024Q1 Top 20% -6.9% +7.8%
2023Q3 Top 10% +13.4% +24.8%
2023Q2 Top 20% +4.4% +22.0%
2021Q1 Top 10% +0.4% +4.8%
2020Q3 Top 10% +8.9% +18.4%
2020Q1 Top 10% +41.3% +63.3%
2019Q2 Top 10% +11.4% +44.2%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
174
Change in large funds
+6
Total value they hold
$2.4B
Funds buying for the first time
49
Funds that sold out entirely
58
Price change that quarter
+12.2%
Funds holding puts (bearish)
4
Funds holding calls (bullish)
3

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
9.9
EPS (TTM)
$4.16
EPS YoY
+10.1%
Revenue (TTM)
$1.2B
Revenue YoY
+9.8%
Net margin
24.1%
ROE
71.5%
Debt ratio
62.2%
FCF (TTM)
$260M
Dividend (TTM)
$3.96
Quarterly Revenue & EPS
2021-09-30: EPS 1.30 2021-12-31: EPS 1.27 2022-03-31: EPS 0.90 2022-06-30: EPS 0.62 2022-09-30: EPS 0.65 2022-12-31: EPS 0.77 2023-03-31: EPS 0.72 2023-06-30: EPS 0.76 2023-09-30: EPS 0.76 2023-12-31: EPS 0.95 2024-03-31: EPS 0.84 2024-06-30: EPS 0.80 2024-09-30: EPS 1.03 2024-12-31: EPS 0.99 2025-03-31: EPS 0.82 2025-06-30: EPS 0.94 2025-09-30: EPS 0.93 2025-12-31: EPS 1.36 2026-03-31: EPS 0.76 2026-06-30: EPS 1.11 0M 168M 336M $M 0.00 0.75 1.50 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 10 6 9 12 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-77M58M192M 20162017201820192020202120222023202420252026
Latest quarter $181M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.