Artisan Partners Asset Management Inc. Reports November 2025 Assets Under Management

Rhea-AI Summary

Artisan Partners (NYSE: APAM) reported preliminary AUM of $180.8 billion as of November 30, 2025. Artisan Funds and Artisan Global Funds represented $87.2 billion while separate accounts and other AUM totaled $93.6 billion. November AUM reflects about $800 million of Artisan Funds distributions not reinvested; an additional $400 million of non‑reinvested distributions is expected in December. The firm disclosed a $2.7 billion redemption in early December from a non‑U.S. institutional client across three Growth strategies. The report lists strategy-level AUM, led by International Value $51.542 billion and Global Value $35.083 billion.

Positive

• Total AUM of $180.8 billion
• Separate accounts and other AUM at $93.6 billion
• International Value strategy at $51.542 billion

Negative

• $2.7 billion redemption in early December
• $800 million November distributions not reinvested
• An additional $400 million expected distributions in December

Key Figures

Total AUM $180.8 billion Preliminary, as of November 30, 2025

Funds AUM $87.2 billion Artisan Funds and Artisan Global Funds, November 30, 2025

Separate & other AUM $93.6 billion Separate accounts and other AUM, November 30, 2025

Non-reinvested distributions $800 million Artisan Funds distributions impacting November month-end AUM

Expected distributions $400 million Additional Artisan Funds distributions not reinvested expected in December

Institutional redemption $2.7 billion Non-U.S. institutional client redemption across three Growth strategies

Model-managed assets $127.7 million Included in certain Sustainable EM and U.S. Mid-Cap Growth strategies

Table total AUM $180,756 million Total Firm AUM by strategy table, November 30, 2025

Market Reality Check

$41.65 Last Close

Volume Trading volume 426,227 is at 0.97x the 20-day average, indicating typical activity. normal

Technical Shares at $41.44 are trading below the 200-day MA $42.79 after a -2.81% session.

Peers on Argus

APAM fell -2.81%, while key asset-management peers also declined (e.g., AB -1.85%, VCTR -2.11%, CNS -3.5%), suggesting a broader negative move across the group rather than a fully isolated reaction.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 18	Private real estate deal	Positive	+0.4%	Acquisition of Grandview Property Partners to expand into private real estate.
Nov 11	October AUM report	Neutral	-1.9%	Reported October 2025 AUM and strategy-level asset distribution.
Oct 28	3Q25 results & dividend	Neutral	-1.3%	Released 3Q25 earnings and declared a quarterly dividend with call details.
Oct 14	Earnings date announcement	Neutral	+0.5%	Scheduled 3Q25 earnings release and conference call with webcast access.
Oct 09	September AUM report	Neutral	-2.8%	Reported September 2025 AUM with breakdown by vehicle and strategy.

Pattern Detected

Recent AUM and earnings-related updates often saw modest single-day moves, with AUM releases in September and October coinciding with small declines, while acquisition news in November saw a slight gain.

Recent Company History

Over the past few months, APAM has regularly reported monthly AUM levels near $181–183 billion, with September and October 2025 AUM at $181.3 billion and $182.6 billion, respectively. The firm also released its 3Q25 results and quarterly dividend and prepared investors with a dated earnings announcement. On November 18, 2025, APAM agreed to acquire Grandview Property Partners, adding a private real estate capability managing $940 million. Today’s November AUM update continues this cadence of detailed asset reporting and strategy-level transparency.

Market Pulse Summary

This announcement details APAM’s preliminary AUM of $180.8 billion at November 30, 2025, with $87.2 billion in funds and $93.6 billion in separate and other accounts. It highlights the seasonal impact of fund distributions and notes a $2.7 billion institutional redemption across Growth strategies. In context of recent AUM updates and the Grandview acquisition, investors would likely track subsequent monthly AUM, strategy-level flows, and any further large client redemptions.

Key Terms

assets under management financial

"reported that its preliminary assets under management ("AUM") as of November 30, 2025"

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.

separate account financial

"separate accounts and other AUM1 accounted for $93.6 billion"

A separate account is a pool of investments legally kept apart from a firm’s general assets and managed specifically for a particular client, group of clients, or an insurance contract — like a dedicated suitcase of investments instead of putting everything in one closet. It matters to investors because it determines who absorbs gains or losses, usually offers protection from the firm’s creditors, and can have different fees, liquidity and rules than the firm’s main asset pool.

collective investment trusts financial

"Artisan-branded collective investment trusts, and in our own private funds"

Collective investment trusts are pooled investment funds run by banks or trust companies for workplace retirement plans and other qualified accounts; think of them like a shared shopping cart where many investors combine money to buy a mix of stocks or bonds. They matter to investors because they often charge lower fees and are designed for long-term retirement use, which can improve net returns and affect the cost, liquidity and transparency of retirement savings.

AI-generated analysis. Not financial advice.

MILWAUKEE, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management ("AUM") as of November 30, 2025 totaled $180.8 billion. Artisan Funds and Artisan Global Funds accounted for $87.2 billion of total firm AUM, while separate accounts and other AUM¹ accounted for $93.6 billion. During the fourth quarter of each year, certain Artisan Funds make their annual income and capital gains distributions. November month-end AUM includes the impact of approximately $800 million of Artisan Funds distributions that were not reinvested. Based on updated estimates, approximately $400 million of additional Artisan Funds distributions not reinvested are expected in December. Separately, the Firm had a $2.7 billion redemption in early December 2025 from a non-U.S. institutional client across three Growth team strategies, driven in part by local pension-market dynamics.

PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2
As of November 30, 2025 - ($ Millions)
Growth Team
Global Opportunities	$18,429
Global Discovery	1,838
U.S. Mid-Cap Growth	10,965
U.S. Small-Cap Growth	2,919
Franchise	1,182
Global Equity Team
Global Equity	432
Non-U.S. Growth	15,311
U.S. Value Team
Value Equity	5,578
U.S. Mid-Cap Value	2,134
Value Income	17
International Value Group
International Value	51,542
International Explorer	905
Global Special Situations	34
Global Value Team
Global Value	35,083
Select Equity	964
Sustainable Emerging Markets Team
Sustainable Emerging Markets	2,450
Credit Team
High Income	12,985
Credit Opportunities	363
Floating Rate	91
Custom Credit Solutions	1,177
Developing World Team
Developing World	4,635
Antero Peak Group
Antero Peak	2,269
Antero Peak Hedge	268
International Small-Mid Team
Non-U.S. Small-Mid Growth	5,058
EMsights Capital Group
Global Unconstrained	1,057
Emerging Markets Debt Opportunities	1,303
Emerging Markets Local Opportunities	1,767
Total Firm Assets Under Management ("AUM")	$180,756

¹ Separate account and other AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds. Separate account and other AUM includes assets we manage in traditional separate accounts, as well as assets we manage in Artisan-branded collective investment trusts, and in our own private funds.
² AUM for Artisan Sustainable Emerging Markets and U.S. Mid-Cap Growth Strategies includes $127.7 million in aggregate for which Artisan Partners provides investment models to managed account sponsors (reported on a lag not exceeding one quarter).

ABOUT ARTISAN PARTNERS
Artisan Partners is a global multi-asset investment platform providing a broad range of high value-added investment strategies in growing asset classes to sophisticated clients around the world. Since 1994, the firm has been committed to attracting experienced, disciplined investment professionals to manage client assets. Artisan Partners' autonomous investment teams oversee a diverse range of investment strategies across multiple asset classes. Strategies are offered through various investment vehicles to accommodate a broad range of client mandates.

Investor Relations Inquiries: 866.632.1770 or ir@artisanpartners.com
Source: Artisan Partners Asset Management Inc.

FAQ

What was Artisan Partners' total AUM as of November 30, 2025 (APAM)?

Preliminary total AUM was $180.8 billion as of November 30, 2025.

How much of APAM's AUM was in Artisan Funds versus separate accounts in November 2025?

Artisan Funds and Artisan Global Funds were $87.2 billion; separate accounts and other AUM were $93.6 billion.

How did year‑end distributions affect APAM November AUM for November 30, 2025?

November AUM included about $800 million of fund distributions not reinvested, with ~$400 million more expected in December.

What was the size and cause of the early December redemption reported by APAM?

The firm reported a $2.7 billion redemption in early December from a non‑U.S. institutional client across three Growth strategies.

Which Artisan strategy held the largest AUM at November 30, 2025 (APAM)?

The International Value strategy held the largest disclosed AUM at $51.542 billion.