Artisan Partners, an investment management company, released its second-quarter 2026 investor commentary for the “Artisan Global Opportunities Strategy”. The letter can be downloaded here. Global equities rebounded sharply during the quarter, with the MSCI ACWI Index returning 15.3% as resilient economic growth, strong corporate earnings, and continued enthusiasm around artificial intelligence supported markets despite persistent inflation, higher bond yields, and geopolitical uncertainty. The portfolio reported strong absolute returns of 12.65% (net) but underperformed the benchmark, mainly because of its underweight exposure to information technology and overweight position in health care. Strong stock selection in technology and energy partially offset these headwinds. The fund continues to see attractive long-term opportunities across AI infrastructure, health care and consumer internet, while remaining disciplined on valuation as several AI-related stocks have appreciated sharply. Management remains focused on durable franchises with identifiable profit cycles and attractive long-term earnings potential. Also, check the Strategy’s top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Artisan Global Opportunities Strategy highlighted GE Aerospace (NYSE:GE). GE Aerospace (NYSE:GE) designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and aircraft systems. On September 01, 2026, GE Aerospace (NYSE:GE) closed at $335.71 per share. GE Aerospace (NYSE:GE) declined 12.59% over the past month, while its shares gained 21.90% over the past 52 weeks. GE Aerospace (NYSE:GE) has a market capitalization of $348.32 billion, and its stock has traded within a 52-week range of $268.01 to $388.84.
Artisan Global Opportunities Strategy stated the following regarding GE Aerospace (NYSE:GE) in its Q2 2026 investor letter:
“During the quarter, we initiated positions in GE Aerospace (NYSE:GE). GE Aerospace is the world’s largest manufacturer of commercial aircraft engines. We initiated a GardenSM position following a geopolitically driven pullback, as investors worried that higher airline costs and ticket prices would pressure passenger demand, reduce aircraft orders and slow future engine and aftermarket revenue growth. Our work suggested these concerns were overdone, with consumer travel demand remaining resilient and no meaningful pullback in new aircraft orders or maintenance, repair and overhaul activity. We believe GE Aerospace is positioned for a long-duration profit cycle, supported by its engine backlog, a planned step-up in new aircraft deliveries and a normalization of deferred shop visits. As our conviction increased, we rapidly built the position into a small CropSM.”