Is Tradeweb Markets (TW) Set for a Rebound?

Artisan Partners, an investment management firm, reported on its second-quarter 2026 outlook for the Artisan Mid Cap Fund in their investor letter. The letter is available for download. Globally, equities staged a strong comeback in Q2 2026, bouncing back from March lows as solid economic data, robust corporate earnings, and ongoing AI investment brightened investor sentiment despite inflation worries, slowed rate cuts, and geopolitical tensions.

The fund's performance outweighed the Russell Midcap® Growth Index, driven by gains in semiconductors within IT and strong picks in healthcare and consumer discretionary sectors. Its Investor Class: ARTMX gained 17.86%, Advisor Class: APDMX 17.88%, and Institutional Class: APHMX 17.93%, while the index saw a 14.55% increase. Healthcare led the charge, with biotech holdings boosting returns, while consumer stocks also fared well.

Conversely, software, aerospace, defense, and communication services lagged. The fund maintains a strategy of pinpointing high-quality growth firms with enduring trends and appealing valuations. The fund's Q2 2026 letter singled out Tradeweb Markets Inc. (NASDAQ:TW), a global financial technology firm that operates a global electronic marketplace and trading platforms.

On September 4, 2026, Tradeweb Markets Inc. (NASDAQ:TW) closed at $106.20 per share. Over the past month, the stock had a 2.41% return, whereas over the last year, its shares dropped by 11.00%. The firm sees a potential for sustained growth and margin expansion in Tradeweb Markets Inc. (NASDAQ:TW), backed by continued momentum in interest rate swaps and international markets, and a substantial addressable market, despite the credit market's share remaining under watch.

Artisan Mid Cap Fund added to its position in Tradeweb Markets Inc. (NASDAQ:TW) during this period, taking advantage of the recent drop. Despite not ranking among the 40 most popular stocks among hedge funds, Tradeweb Markets Inc. (NASDAQ:TW) was held by 54 hedge fund portfolios at the end of the second quarter, up from 50 in the prior quarter.

The fund's team acknowledges Tradeweb Markets Inc. (NASDAQ:TW)'s investment potential but believes certain AI stocks present greater upside and lower risk. For those interested in an ultra-undervalued AI stock that could also benefit from the Trump-era tariffs and onshoring trend, Artisan Partners provided a free report on the best short-term AI stock.