How much did the Artisan Developing World Fund return in Q3 2026?

The Investor Class returned 3.50% for the quarter ending September 30, 2026, outperforming the MSCI Emerging Markets Index's -0.37%.

Why did CrowdStrike help the fund's performance?

The letter said CrowdStrike benefited from rising demand for AI-related security as agent proliferation creates an increasingly challenging cyber environment.

How have CrowdStrike shares performed recently?

It returned 29.53% over the past month and gained 129.69% over the past 52 weeks, closing at $278.86 per share on October 06, 2026.

AI Stocks & MarketsTop Companies' AI MovesAI Business & IndustryTop Companies AIOct 7, 2026Oct 8, 2026, 06:31 JST

Artisan Fund: CrowdStrike (CRWD) Gains on AI Security Demand

Send on LINE

3 Key Points

What happened
The Artisan Developing World Fund's Q3 2026 investor letter said CrowdStrike Holdings, Inc. (NASDAQ:CRWD) contributed positively, citing rising demand for AI-related security as agent proliferation creates a harder cyber environment.
Why it matters
The letter says CrowdStrike shows evidence that this heightened threat environment is producing monetizable business opportunities for the company, which helped the fund's quarterly return.
What to watch
The fund names CrowdStrike among a handful of outsized winners driving cumulative returns, so the read hinges on whether that demand holds; the letter cites shares at $278.86 per share on October 06, 2026.

WHO IT HITSInvestors in the Artisan Developing World Fund and portfolio managers tracking CrowdStrike see the quarter's positive attribution tied to AI-related security demand; the letter also notes 89 hedge fund portfolios held the stock at the end of the second quarter.

Not sure about something? Ask the AI

Questions and answers are published on this page.

Summaries like this, in your inbox every morning.

Get news like this every morning, free

Context & Analysis

The Artisan Developing World Fund's Q3 2026 letter puts CrowdStrike in the small group of holdings it credits with driving cumulative portfolio returns, alongside NVIDIA, MercadoLibre, Sea and Visa. The fund's stated aim is to capture sustained compounding in these market leaders while spreading bets across correlation stocks to smooth volatility.

The quarter's backdrop was unsettled: heightened Middle Eastern conflict fed inflation pressures and a selloff in long-dated bonds across the US, Japan and Europe. Markets felt it, particularly in Korea, where the MSCI Korea Index fell significantly before rebounding, while Brazil rose 8.18%. Against that, CrowdStrike's positive contribution stands out as tied to a specific demand driver rather than the broad market.

What the fund is really claiming is that a tougher cyber environment is not just a cost for customers but a revenue opportunity for CrowdStrike, which is likely why it remains a core holding. Whether that holds depends on whether the demand it cites persists, and on how the fund's wider mix of correlation stocks performs through similar volatility.

FAQ

How much did the Artisan Developing World Fund return in Q3 2026?: The Investor Class returned 3.50% for the quarter ending September 30, 2026, outperforming the MSCI Emerging Markets Index's -0.37%.
Why did CrowdStrike help the fund's performance?: The letter said CrowdStrike benefited from rising demand for AI-related security as agent proliferation creates an increasingly challenging cyber environment.
How have CrowdStrike shares performed recently?: It returned 29.53% over the past month and gained 129.69% over the past 52 weeks, closing at $278.86 per share on October 06, 2026.

AI news that matters for your work, delivered every morning.

Pick your industry and the AI tools you use, and get news related to your work every day.

Get it free

Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →

Ask AI

Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.