Artisan Small Cap Fund Inv Shs (ARTSX) NPORT-P Artisan International Small-Mid Fund (Jun 2020 report)

Artisan Developing World Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 98.5%
Argentina - 5.2%
MercadoLibre, Inc. *		272	$	268,349
Brazil - 3.6%
Arco Platform Ltd., Class A *		1,292		56,192
Raia Drogasil SA		1,279		26,264
StoneCo Ltd., Class A *		2,734		105,961
				188,417
China - 36.2%
Aier Eye Hospital Group Co. Ltd., Class A (1)		15,636		96,431
Alibaba Group Holding Ltd., ADR *		1,658		357,545
Foshan Haitian Flavouring & Food Co. Ltd., Class A (1)		2,534		44,423
Huazhu Group Ltd., ADR		1,156		40,524
Hundsun Technologies, Inc., Class A (1)		2,683		40,899
Jiangsu Hengrui Medicine Co. Ltd., Class A (1)		7,755		101,245
Kweichow Moutai Co. Ltd., Class A (1)		921		190,622
Meituan Dianping, Class B *(1)		10,144		225,325
Ping An Healthcare and Technology Co. Ltd. *(1)		3,132		47,578
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A (1)		1,276		55,196
TAL Education Group, ADR *		3,448		235,766
Tencent Holdings Ltd. (1)		3,665		235,430
Wuxi Biologics Cayman, Inc. *(1)		5,555		101,775
Yifeng Pharmacy Chain Co. Ltd., Class A (1)		3,241		41,715
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A (1)		2,177		52,428
				1,866,902
France - 4.0%
Hermes International (1)		59		49,248
LVMH Moet Hennessy Louis Vuitton SE (1)		363		159,017
				208,265
Hong Kong - 2.9%
AIA Group Ltd. (1)		15,954		148,484
India - 4.5%
HDFC Bank Ltd., ADR		4,674		212,482
Titan Co. Ltd. (1)		1,664		21,032
				233,514
Netherlands - 7.3%
Adyen NV *(1)		151		219,593
ASML Holding NV, NYRS		426		156,760
				376,353
Russia - 2.1%
Yandex NV, Class A *		2,189		109,489
Taiwan - 5.1%
Sea Ltd., ADR *		2,449		262,667
United States - 27.6%
Estee Lauder Cos., Inc. (The), Class A		855		161,247
Netflix, Inc. *		347		157,721
NIKE, Inc., Class B		478		46,830
NVIDIA Corp.		638		242,235
Uber Technologies, Inc. *		7,555		234,805
Veeva Systems, Inc., Class A *		944		221,228
Visa, Inc., Class A		1,857		358,652
				1,422,718
Total common stocks (Cost $3,212,934)				5,085,158
SHORT-TERM INVESTMENTS - 0.1%
INVESTMENT COMPANIES - 0.1%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%		2,305		2,305
Federated Treasury Obligations Fund - Institutional Class, 0.10%		2,237		2,237
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%		2,238		2,238
Total short-term investments (Cost $6,780)				6,780
Total investments - 98.6% (Cost $3,219,714)				5,091,938
Other assets less liabilities - 1.4%				70,189
Total net assets - 100.0% (2)			$	5,162,127

Artisan Developing World Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

* Non-income producing security.

⁽¹⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $1,830,441, or 35.5% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽²⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviations

ADR       American Depositary Receipt

NYRS     New York Registry Shares

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	765,307		15.0	%
Consumer Discretionary		1,459,828		28.7
Consumer Staples		464,271		9.1
Financials		360,966		7.1
Health Care		675,881		13.3
Industrials		234,805		4.6
Information Technology		1,124,100		22.1
Short-Term Investments		6,780		0.1
Total investments	$	5,091,938		100.0	%

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
Brazilian real	$	26,264		0.5	%
Chinese yuan renminbi offshore		622,959		12.2
Euro		427,858		8.4
Hong Kong dollar		758,592		14.9
Indian rupee		21,032		0.4
U.S. dollar		3,235,233		63.6
Total investments	$	5,091,938		100.0	%

See notes to N-PORT Part F.

Artisan Focus Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares		Value
COMMON STOCKS - 92.7%
Capital Markets - 9.1%
BlackRock, Inc.		82	$	44,580
Blackstone Group, Inc. (The), Class A		437		24,761
Intercontinental Exchange, Inc.		166		15,169
Moody’s Corp.		43		11,868
S&P Global, Inc.		55		18,104
				114,482
Communications Equipment - 2.9%
Telefonaktiebolaget LM Ericsson, Class B (1)(2)		3,994		36,879
Electrical Equipment - 2.9%
AMETEK, Inc.		412		36,837
Electronic Equipment, Instruments & Components - 3.4%
Amphenol Corp., Class A		449		42,972
Equity Real Estate Investment Trusts (REITs) - 3.1%
American Tower Corp.		73		18,992
SBA Communications Corp.		66		19,596
				38,588
Insurance - 4.6%
Aon plc, Class A		299		57,528
Interactive Media & Services - 6.0%
Tencent Holdings Ltd. (1)(2)		1,176		75,552
Internet & Direct Marketing Retail - 4.3%
Amazon.com, Inc. *		19		53,601
IT Services - 12.5%
Fidelity National Information Services, Inc.		713		95,586
VeriSign, Inc. *		153		31,665
Visa, Inc., Class A		153		29,496
				156,747
Life Sciences Tools & Services - 4.0%
Agilent Technologies, Inc.		338		29,902
Thermo Fisher Scientific, Inc.		54		19,575
				49,477
Media - 2.5%
Charter Communications, Inc., Class A *		61		31,008
Professional Services - 5.2%
IHS Markit Ltd.		856		64,601
Road & Rail - 1.8%
Union Pacific Corp.		136		22,984
Semiconductors & Semiconductor Equipment - 11.9%
Advanced Micro Devices, Inc. *		326		17,142
Analog Devices, Inc.		464		56,857
Micron Technology, Inc. *		558		28,745
NVIDIA Corp.		74		28,045
NXP Semiconductors NV (1)		165		18,793
				149,582
Software - 6.9%
Atlassian Corp. plc, Class A *		69		12,478
Microsoft Corp.		365		74,348
				86,826
Specialty Retail - 5.8%
O’Reilly Automotive, Inc. *		44		18,661
TJX Cos., Inc. (The)		1,066		53,880
				72,541
Wireless Telecommunication Services - 5.8%
T-Mobile US, Inc. *		695		72,343
Total common stocks (Cost $985,972)				1,162,548
	No. of Contracts‡		Value
OPTIONS PURCHASED - 4.5%
Call Options - 4.5%
IT Services - 0.2%
Fidelity National Information Services, Inc. 10/16/2020 at USD 140.00; Notional Amount: USD 35,748		2,666	$	2,066
Semiconductors & Semiconductor Equipment - 0.7%
Texas Instruments, Inc. 9/18/2020 at USD 130.00; Notional Amount: USD 43,094		3,394		2,105
Texas Instruments, Inc. 11/20/2020 at USD 80.00; Notional Amount: USD 19,274		1,518		7,233
				9,338
Technology Hardware, Storage & Peripherals - 3.6%
Apple, Inc. 7/17/2020 at USD 135.00; Notional Amount: USD 72,559		1,989		45,687
Total call options				57,091
Total options purchased (Cost $40,755)				57,091

Artisan Focus Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

SHORT-TERM INVESTMENTS - 3.0%
INVESTMENT COMPANIES - 3.0%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%	12,604		12,604
Federated Treasury Obligations Fund - Institutional Class, 0.10%	12,233		12,233
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%	12,233		12,233
Total short-term investments (Cost $37,070)			37,070
Total investments – 100.2% (Cost $1,063,797)			1,256,709
WRITTEN OPTION CONTRACTS – (0.1)% (Premium received $(503))			(673	)
Other assets less liabilities - (0.1%)			(1,759	)
Total net assets - 100.0%(3)		$	1,254,277

* Non-income producing security.

^‡  One contract is equal to 100 shares.

⁽¹⁾  The Fund considers the company to be from outside the United States. See the Fund’s Statement of Additional Information for a description of the methodology used for country classifications.

Security	Country	Trading Currency
NXP Semiconductors NV	Netherlands	U.S. dollar
Telefonaktiebolaget LM Ericsson	Sweden	Swedish krona
Tencent Holdings Ltd.	China	Hong Kong dollar

⁽²⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $112,431, or 9.0% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽³⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviation

USD    U.S. dollar

Artisan Focus Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	178,903		14.2	%
Consumer Discretionary		126,142		10.0
Financials		172,010		13.7
Health Care		49,477		3.9
Industrials		124,422		9.9
Information Technology		473,006		37.7
Real Estate		38,588		3.1
Options Purchased		57,091		4.5
Short-Term Investments		37,070		3.0
Total investments	$	1,256,709		100.0	%

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
Hong Kong dollar	$	75,552		6.0	%
Swedish krona		36,879		2.9
U.S. dollar		1,144,278		91.1
Total investments	$	1,256,709		100.0	%

FOREIGN CURRENCY FORWARD CONTRACTS

Values in thousands

Currency Purchased		Currency Sold			Counterparty	Settlement Date		Unrealized (Depreciation)
SEK	78,315		USD	8,502	JPM		8/6/2020	$	(94	)
USD	65,736		CNH	469,606	JPM		8/6/2020		(552	)
USD	41,248		SEK	406,383	JPM		8/6/2020		(2,383	)
Net unrealized depreciation								$	(3,029	)

CNH	Chinese yuan renminbi offshore
SEK	Swedish krona
USD	U.S. dollar
JPM	JPMorgan Chase Bank, N.A.

Written Option Contracts

Call Options

Dollar value in thousands

Number of  Contracts‡	Description	Exercise Price		Notional Amount			Expiration Date		Premiums (Received) by Fund			Market Value			Unrealized Depreciation
545	S&P Global, Inc.	$	327.50	$	(17,957	)		07/24/20	$	(503	)	$	(673	)	$	(170	)
Total written option contracts									$	(503	)	$	(673	)	$	(170	)

See notes to N-PORT Part F.

Artisan Global Discovery Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 95.8%
Brazil - 2.7%
Notre Dame Intermedica Participacoes SA		241	$	3,036
Pagseguro Digital Ltd., Class A *		48		1,682
				4,718
China - 1.4%
Li Ning Co. Ltd. (1)		772		2,453
Denmark - 7.0%
Ascendis Pharma A/S, ADR *		26		3,867
Genmab A/S * (1)		14		4,751
Vestas Wind Systems A/S (1)		36		3,688
				12,306
Germany - 3.6%
E.ON SE (1)		120		1,354
Puma SE *(1)		37		2,823
Varta AG *(1)		18		2,061
				6,238
Hong Kong - 2.6%
Techtronic Industries Co. Ltd. (1)		470		4,584
Japan - 2.9%
Hoya Corp. (1)		27		2,585
Obic Co. Ltd. (1)		8		1,442
Shimano, Inc. (1)		5		962
				4,989
Luxembourg - 1.5%
Eurofins Scientific SE *(1)		4		2,617
Netherlands - 3.8%
Adyen NV *(1)		1		2,168
Koninklijke DSM NV (1)		32		4,430
				6,598
Portugal - 1.3%
EDP - Energias de Portugal SA (1)		492		2,345
Switzerland - 4.0%
Aluflexpack AG *(1)		48		967
Lonza Group AG (1)		8		4,283
Zur Rose Group AG *(1)		6		1,694
				6,944
United Kingdom - 5.7%
Burberry Group plc (1)		104		2,065
Clarivate plc *		155		3,464
London Stock Exchange Group plc (1)		42		4,343
				9,872
United States - 59.3%
Advanced Micro Devices, Inc. *		52		2,713
Ameren Corp.		38		2,681
Arista Networks, Inc. *		12		2,589
Atlassian Corp. plc, Class A *		22		3,911
Blackline, Inc. *		29		2,417
Boston Scientific Corp. *		77		2,715
Burlington Stores, Inc. *		11		2,158
Centene Corp. *		41		2,620
Ceridian HCM Holding, Inc. *		27		2,138
Cintas Corp.		5		1,450
Cognex Corp.		37		2,222
Cree, Inc. *		17		992
DexCom, Inc. *		5		2,132
First Republic Bank		19		1,965
Fortive Corp.		42		2,875
Global Payments, Inc.		39		6,653
Guidewire Software, Inc. *		35		3,932
Halozyme Therapeutics, Inc. *		154		4,133
IHS Markit Ltd.		67		5,042
Ingersoll Rand, Inc. *		85		2,380
IPG Photonics Corp. *		5		876
Lattice Semiconductor Corp. *		98		2,782
Morningstar, Inc.		9		1,200
New York Times Co. (The), Class A		71		2,979
Novanta, Inc. *		22		2,337
Ollie’s Bargain Outlet Holdings, Inc. *		41		3,962
RealPage, Inc. *		25		1,602
Skyworks Solutions, Inc.		24		3,089
Slack Technologies, Inc., Class A *		33		1,024
Take-Two Interactive Software, Inc. *		15		2,086
Teledyne Technologies, Inc. *		17		5,340
Tradeweb Markets, Inc., Class A		19		1,119
Veeva Systems, Inc., Class A *		26		6,024
Zoom Video Communications, Inc., Class A *		18		4,580
Zscaler, Inc. *		19		2,122
Zynga, Inc., Class A *		518		4,943
				103,783
Total common stocks (Cost $119,575)				167,447

Artisan Global Discovery Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

SHORT-TERM INVESTMENTS - 4.3%
INVESTMENT COMPANIES - 4.3%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%	2,581		2,581
Federated Treasury Obligations Fund - Institutional Class, 0.10%	2,506		2,506
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%	2,506		2,506
Total short-term investments (Cost $7,593)			7,593
Total investments - 100.1% (Cost $127,168)			175,040
Other assets less liabilities - (0.1)%			(78	)
Total net assets - 100.0% (2)		$	174,962

Artisan Global Discovery Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

* Non-income producing security.

⁽¹⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $51,615, or 29.5% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽²⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviation
ADR	American Depositary Receipt

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	10,008		5.7	%
Consumer Discretionary		14,423		8.2
Consumer Staples		1,694		1.0
Financials		8,627		4.9
Health Care		38,763		22.2
Industrials		30,884		17.7
Information Technology		51,271		29.3
Materials		5,397		3.1
Utilities		6,380		3.6
Short-Term Investments		7,593		4.3
Total investments	$	175,040		100.0	%

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
Brazilian real	$	3,036		1.7	%
British pound		6,408		3.7
Danish krone		8,439		4.8
Euro		17,798		10.2
Hong Kong dollar		7,037		4.0
Japanese yen		4,989		2.8
Swiss franc		6,944		4.0
U.S. dollar		120,389		68.8
Total investments	$	175,040		100.0	%

See notes to N-PORT Part F.

Artisan Global Equity Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares, rights and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 97.9%
Belgium - 0.7%
UCB SA(1)		13	$	1,525
Canada - 3.3%
Canadian Pacific Railway Ltd.		7		1,755
Kinaxis, Inc. *		17		2,487
TMX Group Ltd.		33		3,277
				7,519
China - 6.1%
Alibaba Group Holding Ltd., ADR *		10		2,124
Midea Group Co. Ltd., Class A (1)		186		1,575
Peijia Medical Ltd. *(1)		441		1,997
Ping An Healthcare and Technology Co. Ltd. *(1)		99		1,496
Tencent Holdings Ltd. (1)		54		3,437
Wuliangye Yibin Co. Ltd., Class A (1)		141		3,411
				14,040
Denmark - 3.1%
Ascendis Pharma A/S, ADR *		9		1,285
Genmab A/S *(1)		18		5,958
				7,243
France - 2.5%
Air Liquide SA (1)		23		3,379
La Francaise des Jeux SAEM (1)		79		2,435
				5,814
Germany - 8.3%
Deutsche Boerse AG (1)		46		8,360
Deutsche Telekom AG (1)		240		4,016
E.ON SE (1)		128		1,434
MorphoSys AG *(1)		17		2,187
Scout24 AG (1)		25		1,945
Siemens AG (1)		10		1,171
				19,113
Hong Kong - 1.2%
AIA Group Ltd. (1)		291		2,712
India - 0.6%
Reliance Industries Ltd. (1)		58		1,306
Ireland - 0.5%
Amarin Corp. plc, ADR *		164		1,136
Japan - 5.2%
Astellas Pharma, Inc. (1)		103		1,713
Jeol Ltd.(1)		151		4,195
OBIC Business Consultants Co. Ltd. (1)		57		3,049
Obic Co. Ltd. (1)		17		2,972
TeamSpirit, Inc. *(1)		7		172
				12,101
Netherlands - 0.7%
uniQure NV *		36		1,622
Portugal - 0.8%
EDP - Energias de Portugal SA (1)		381		1,817
Spain - 0.3%
Grifols SA, ADR		41		741
Sweden - 1.5%
Nibe Industrier AB, Class B *(1)		93		2,059
Telefonaktiebolaget LM Ericsson, Class B (1)		142		1,315
				3,374
Switzerland - 6.9%
Idorsia Ltd. *(1)		65		2,080
Lonza Group AG (1)		5		2,647
Medacta Group SA *(1)		40		3,139
Nestle SA(1)		24		2,661
Roche Holding AG (1)		11		3,951
Temenos AG (1)		10		1,547
				16,025
United Kingdom - 6.3%
AVEVA Group plc (1)		63		3,205
Clarivate plc *		114		2,536
Coca-Cola European Partners plc		42		1,595
Linde plc (1)		35		7,297
				14,633
United States - 49.9%
ACADIA Pharmaceuticals, Inc. *		89		4,331
Acceleron Pharma, Inc. *		16		1,545
Alphabet, Inc., Class A *		3		3,552
Alphabet, Inc., Class C *		1		1,545
Amazon.com, Inc. *		3		8,536
Blueprint Medicines Corp. *		22		1,721
Boston Scientific Corp. *		52		1,830
Bristol-Myers Squibb Co.		48		2,826
Cigna Corp.		24		4,521
eHealth, Inc. *		21		2,023
Eidos Therapeutics, Inc. *		43		2,031
Fidelity National Information Services, Inc.		52		6,993
Halozyme Therapeutics, Inc. *		253		6,790
IHS Markit Ltd.		47		3,519
Immunomedics, Inc. *		71		2,501
Intercontinental Exchange, Inc.		40		3,634
L3Harris Technologies, Inc.		20		3,400
Lamb Weston Holdings, Inc.		33		2,117
Mastercard, Inc., Class A		11		3,309
Microsoft Corp.		29		5,900
Morningstar, Inc.		8		1,186

Artisan Global Equity Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares, rights and dollar values in thousands

Natera, Inc. *		48		2,375
Otis Worldwide Corp.		51		2,911
PTC Therapeutics, Inc. *		53		2,689
Six Flags Entertainment Corp.		61		1,174
Splunk, Inc. *		13		2,611
STAAR Surgical Co. *		55		3,403
Starbucks Corp.		16		1,165
SVMK, Inc. *		143		3,360
Synopsys, Inc. *		19		3,737
Thermo Fisher Scientific, Inc.		3		1,092
TJX Cos., Inc. (The)		42		2,104
T-Mobile US, Inc. *		25		2,641
Varonis Systems, Inc. *		29		2,568
Vertiv Holdings Co., Class A *		380		5,147
ViewRay, Inc. *		577		1,293
Workiva, Inc. *		59		3,144
				115,224
Total common stocks (Cost $172,025)				225,945
SHORT-TERM INVESTMENTS - 1.6%
INVESTMENT COMPANIES - 1.6%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%		1,255		1,255
Federated Treasury Obligations Fund - Institutional Class, 0.10%		1,219		1,219
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%		1,218		1,218
Total short-term investments (Cost $3,692)				3,692
	No. of Rights		Value
RIGHTS - 0.0% (2)
United States - 0.0% (2)
T-Mobile US, Inc., expiring 7/27/2020 (Cost $122) *		25	$	4
Total investments - 99.5% (Cost $175,839)				229,641
Other assets less liabilities - 0.5%				1,148
Total net assets - 100.0% (3)			$	230,789

Artisan Global Equity Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares, rights and dollar values in thousands

* Non-income producing security.

⁽¹⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $92,163, or 39.9% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽²⁾ Amount rounds to less than 0.1%.

⁽³⁾ Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviation

ADR   American Depositary Receipt

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage��of Total  Investments
Communication Services	$	17,140		7.5	%
Consumer Discretionary		19,113		8.3
Consumer Staples		9,784		4.3
Energy		1,306		0.6
Financials		21,192		9.2
Health Care		74,620		32.5
Industrials		22,498		9.8
Information Technology		46,369		20.2
Materials		10,676		4.6
Utilities		3,251		1.4
Short-Term Investments		3,692		1.6
Total investments	$	229,641		100.0	%

Artisan Global Equity Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares, rights and dollar values in thousands

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
British pound	$	3,205		1.4	%
Canadian dollar		7,519		3.2
Chinese yuan renminbi offshore		4,986		2.1
Danish krone		5,958		2.6
Euro		35,566		15.5
Hong Kong dollar		9,642		4.2
Indian rupee		1,306		0.6
Japanese yen		12,101		5.3
Swedish krona		3,374		1.5
Swiss franc		16,025		7.0
U.S. dollar		129,959		56.6
Total investments	$	229,641		100.0	%

See notes to N-PORT Part F.

Artisan Global Opportunities Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 95.8%
Brazil - 2.7%
Notre Dame Intermedica Participacoes SA		3,299	$	41,519
Pagseguro Digital Ltd., Class A *		1,949		68,863
				110,382
China - 1.6%
Tencent Holdings Ltd. (1)		1,007		64,684
Denmark - 6.8%
Genmab A/S *(1)		439		146,706
Orsted A/S (1)		424		48,915
Vestas Wind Systems A/S (1)		806		82,064
				277,685
Germany - 1.2%
adidas AG *(1)		187		48,881
Hong Kong - 5.3%
AIA Group Ltd. (1)		4,412		41,063
Techtronic Industries Co. Ltd. (1)		17,925		174,874
				215,937
Japan - 3.0%
Hoya Corp. (1)		546		52,297
Keyence Corp. (1)		168		69,935
				122,232
Netherlands - 4.9%
Adyen NV *(1)		38		54,800
Koninklijke DSM NV (1)		658		91,012
Koninklijke Philips NV *(1)		1,153		53,701
				199,513
Spain - 2.2%
Iberdrola SA (1)		7,583		87,826
Sweden - 3.1%
Hexagon AB, Class B *(1)		942		54,911
Telefonaktiebolaget LM Ericsson, Class B (1)		7,710		71,196
				126,107
Switzerland - 4.5%
Lonza Group AG (1)		347		182,819
United Kingdom - 7.9%
AstraZeneca plc (1)		1,648		171,778
Burberry Group plc (1)		2,437		48,216
London Stock Exchange Group plc (1)		1,011		104,617
				324,611
United States - 52.6%
Activision Blizzard, Inc.		1,393		105,722
Advanced Micro Devices, Inc. *		1,590		83,667
Agilent Technologies, Inc.		572		50,533
Alphabet, Inc., Class A *		60		85,039
Aptiv plc		685		53,347
Arista Networks, Inc. *		349		73,358
Atlassian Corp. plc, Class A *		226		40,741
Bank of America Corp.		2,656		63,071
Boston Scientific Corp. *		1,502		52,743
Ceridian HCM Holding, Inc. *		630		49,965
Danaher Corp.		450		79,490
Fidelity National Information Services, Inc.		1,090		146,188
Fortive Corp.		949		64,179
IHS Markit Ltd.		2,228		168,230
Illumina, Inc. *		190		70,464
L3Harris Technologies, Inc.		601		101,925
Lowe’s Cos., Inc.		1,354		182,932
Microsoft Corp.		1,071		217,968
NextEra Energy, Inc.		352		84,639
Spotify Technology SA *		207		53,465
Starbucks Corp.		401		29,506
TJX Cos., Inc. (The)		959		48,465
Veeva Systems, Inc., Class A *		521		122,234
Zoom Video Communications, Inc., Class A *		488		123,761
				2,151,632
Total common stocks (Cost $2,691,002)				3,912,309
SHORT-TERM INVESTMENTS - 4.2%
INVESTMENT COMPANIES - 4.2%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%		58,427		58,427
Federated Treasury Obligations Fund - Institutional Class, 0.10%		56,709		56,709
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%		56,709		56,709
Total short-term investments (Cost $171,845)				171,845
Total investments - 100.0% (Cost $2,862,847)				4,084,154
Other assets less liabilities - 0.0% (2)				2,599
Total net assets - 100.0% (3)			$	4,086,753

Artisan Global Opportunities Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

* Non-income producing security.

⁽¹⁾ Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $1,650,295, or 40.4% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽²⁾ Amount rounds to less than 0.1%.

⁽³⁾ Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	308,910		7.6	%
Consumer Discretionary		411,347		10.1
Financials		208,751		5.1
Health Care		1,024,284		25.1
Industrials		591,272		14.5
Information Technology		1,055,353		25.8
Materials		91,012		2.2
Utilities		221,380		5.4
Short-Term Investments		171,845		4.2
Total investments	$	4,084,154		100.0	%

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
Brazilian real	$	41,519		1.0	%
British pound		324,611		7.9
Danish krone		277,685		6.8
Euro		336,220		8.2
Hong Kong dollar		280,621		6.9
Japanese yen		122,232		3.0
Swedish krona		126,107		3.1
Swiss franc		182,819		4.5
U.S. dollar		2,392,340		58.6
Total investments	$	4,084,154		100.0	%

See notes to N-PORT Part F.

Artisan Global Value Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 96.9%
Belgium - 1.8%
Groupe Bruxelles Lambert SA(1)		443	$	37,087
Brazil - 2.2%
Telefonica Brasil SA, ADR		5,122		45,377
Canada - 1.2%
Imperial Oil Ltd.		1,501		24,145
China - 2.6%
Baidu, Inc., ADR*		455		54,572
France - 0.9%
Sodexo SA(1)		289		19,526
Germany - 2.6%
HeidelbergCement AG(1)		1,018		54,244
Netherlands - 4.7%
ING Groep NV(1)		3,677		25,543
NXP Semiconductors NV		634		72,259
				97,802
South Korea - 4.9%
Samsung Electronics Co. Ltd.(1)		2,288		101,436
Switzerland - 12.2%
ABB Ltd.(1)		1,535		34,503
Cie Financiere Richemont SA(1)		1,185		75,466
Novartis AG(1)		698		60,645
UBS Group AG(1)		7,087		81,424
				252,038
United Kingdom - 9.6%
BAE Systems plc(1)		8,247		49,330
Compass Group plc(1)		3,722		51,209
IMI plc(1)		1,647		18,804
Lloyds Banking Group plc(1)		101,535		39,169
Tesco plc(1)		14,272		40,297
				198,809
United States - 54.2%
Advance Auto Parts, Inc.		201		28,566
Alphabet, Inc., Class A*		52		73,232
Alphabet, Inc., Class C*		20		28,647
American Express Co.		618		58,810
Anthem, Inc.		220		57,911
Bank of New York Mellon Corp. (The)		1,939		74,927
Berkshire Hathaway, Inc., Class B*		147		26,325
Booking Holdings, Inc.*		41		65,437
Citigroup, Inc.		1,319		67,406
Cognizant Technology Solutions Corp., Class A		1,379		78,363
DENTSPLY SIRONA, Inc.		1,375		60,566
Expedia Group, Inc.		761		62,594
Facebook, Inc., Class A*		371		84,346
FedEx Corp.		558		78,255
Marsh & McLennan Cos., Inc.		610		65,543
Oracle Corp.		1,366		75,501
Otis Worldwide Corp.		134		7,597
Progressive Corp. (The)		626		50,156
Raytheon Technologies Corp.		260		16,039
Southwest Airlines Co.		1,175		40,172
Visa, Inc., Class A		112		21,692
				1,122,085
Total common stocks (Cost $1,867,451)				2,007,121
SHORT-TERM INVESTMENTS - 1.4%
INVESTMENT COMPANIES - 1.4%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%		9,642		9,642
Federated Treasury Obligations Fund - Institutional Class, 0.10%		9,359		9,359
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%		9,358		9,358
Total short-term investments (Cost $28,359)				28,359
Total investments - 98.3% (Cost $1,895,810)				2,035,480
Other assets less liabilities - 1.7%				35,673
Total net assets - 100.0%(2)			$	2,071,153

Artisan Global Value Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

* Non-income producing security.

⁽¹⁾ Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $688,683, or 33.3% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽²⁾ Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviation

ADR     American Depositary Receipt

FOREIGN CURRENCY FORWARD CONTRACTS

Values in thousands

Currency Purchased	Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
CNH          44,104	USD	6,118	JPM		10/22/2020	$	81
USD           4,822	CNH	34,245	JPM		10/22/2020		8
Total  unrealized appreciation							89
USD         50,590	CNH	361,747	JPM		10/22/2020		(259	)
Total unrealized depreciation							(259	)
Net unrealized depreciation						$	(170	)

CNH	Chinese yuan renminbi offshore
USD	U.S. dollar
JPM	JPMorgan Chase Bank, N.A.

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total Investments
Communication Services	$	286,174		14.1	%
Consumer Discretionary		302,798		14.9
Consumer Staples		40,297		2.0
Energy		24,145		1.2
Financials		526,390		25.9
Health Care		179,122		8.8
Industrials		244,700		12.0
Information Technology		349,251		17.1
Materials		54,244		2.6
Short-Term Investments		28,359		1.4
Total investments	$	2,035,480		100.0	%

Artisan Global Value Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total Investments
British pound	$	198,809		9.7	%
Canadian dollar		24,145		1.2
Euro		136,400		6.7
Korean won		101,436		5.0
Swiss franc		252,038		12.4
U.S. dollar		1,322,652		65.0
Total investments	$	2,035,480		100.0	%

See notes to N-PORT Part F.

Artisan High Income Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Principal Amount			Value
CORPORATE BONDS - 71.0%
Advertising - 1.4%
Terrier Media Buyer, Inc. 8.88%, 12/15/2027 (1)	$	63,244		$	60,635
Airlines - 1.5%
American Airlines Group, Inc.
5.00%, 6/1/2022 (1)		1,900			1,102
3.75%, 3/1/2025 (1)		13,300			6,183
Delta Air Lines, Inc.
2.90%, 10/28/2024		20,000			16,220
7.38%, 1/15/2026		11,450			11,077
4.38%, 4/19/2028		11,088			9,241
3.75%, 10/28/2029		24,750			19,800
					63,623
Auto Manufacturers - 0.9%
Tesla, Inc. 5.30%, 8/15/2025 (1)		37,000			36,962
Commercial Services - 0.2%
Capitol Investment Merger Sub 2 LLC 10.00%, 8/1/2024 (1)		6,615			6,600
Distribution/Wholesale - 1.2%
Core & Main Holdings LP 8.63% Cash, 9.38% PIK, 9/15/2024 (1)(2)		20,971			21,005
Core & Main LP 6.13%, 8/15/2025 (1)		30,000			29,899
					50,904
Diversified Financial Services - 5.0%
AG Issuer LLC 6.25%, 3/1/2028 (1)		22,635			21,051
NFP Corp.
6.88%, 7/15/2025 (1)		121,005			116,118
8.00%, 7/15/2025 (1)		41,495			40,561
Springleaf Finance Corp. 7.13%, 3/15/2026		36,250			37,518
					215,248
Engineering & Construction - 2.9%
Great Lakes Dredge & Dock Corp. 8.00%, 5/15/2022		30,120			30,873
New Enterprise Stone & Lime Co., Inc. 10.13%, 4/1/2022 (1)		21,262			21,156
Tutor Perini Corp. 6.88%, 5/1/2025 (1)		77,496			73,815
					125,844
Food - 1.4%
H-Food Holdings LLC 8.50%, 6/1/2026 (1)		63,666			59,326
Hand/Machine Tools - 0.9%
Werner FinCo. LP 8.75%, 7/15/2025 (1)		48,330			41,080
Healthcare-Services - 1.8%
HCA, Inc. 5.50%, 6/15/2047		10,000			12,174
Surgery Center Holdings, Inc.
6.75%, 7/1/2025 (1)		18,196			16,422
10.00%, 4/15/2027 (1)		48,350			48,350
					76,946
Holding Companies-Diversified - 1.8%
VistaJet Malta Finance plc 10.50%, 6/1/2024 (1)(3)		85,546			76,991
Home Builders - 1.1%			��
Picasso Finance Sub, Inc. 6.13%, 6/15/2025 (1)		9,800			9,984
PulteGroup, Inc. 7.88%, 6/15/2032		29,000			37,056
					47,040
Insurance - 11.8%
Acrisure LLC
7.00%, 11/15/2025 (1)		74,016			70,778
10.13%, 8/1/2026 (1)		36,511			39,249
Aon Corp. 8.21%, 1/1/2027		23,954			29,149
Ardonagh Midco 2 plc 11.50% Cash, 12.75% PIK, 1/15/2027 (1)(2)(3)(7)		97,000			97,485
Ardonagh Midco 3 plc
8.63%, 7/15/2023 (1)(3)		142,263			148,594
8.63%, 7/15/2023 (1)(3)		55,490			57,848
AssuredPartners, Inc. 7.00%, 8/15/2025 (1)		29,143			29,143
GTCR AP Finance, Inc. 8.00%, 5/15/2027 (1)		35,360			36,399
HUB International Ltd. 7.00%, 5/1/2026 (1)		5,246			5,246
					513,891
Internet - 1.9%
Expedia Group, Inc.
6.25%, 5/1/2025 (1)		44,390			47,399
3.25%, 2/15/2030		35,036			32,653
					80,052
Leisure Time - 1.5%
Carnival Corp. 11.50%, 4/1/2023 (1)		58,977			63,692

Artisan High Income Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

Lodging - 2.9%
Choice Hotels International, Inc. 3.70%, 12/1/2029	12,994	13,017
Hilton Domestic Operating Co., Inc.
5.38%, 5/1/2025 (1)	11,790	11,746
5.75%, 5/1/2028 (1)	18,490	18,675
4.88%, 1/15/2030	3,950	3,890
Hyatt Hotels Corp. 4.38%, 9/15/2028	892	915
Marriott International, Inc.
2.13%, 10/3/2022	7,500	7,368
3.60%, 4/15/2024	3,085	3,102
Series EE, 5.75%, 5/1/2025	41,565	45,298
Series R, 3.13%, 6/15/2026	10,000	9,727
Series AA, 4.65%, 12/1/2028	10,933	11,323
4.63%, 6/15/2030	984	1,023
		126,084
Machinery-Diversified - 0.1%
Vertical Holdco GmbH 7.63%, 7/15/2028 (1)(3)(7)	983	1,005
Vertical US Newco, Inc. 5.25%, 7/15/2027 (1)(3)(7)	4,916	4,977
		5,982
Media - 4.1%
CCO Holdings LLC 5.50%, 5/1/2026 (1)	30,580	31,689
Charter Communications Operating LLC 6.38%, 10/23/2035	40,408	53,304
CSC Holdings LLC 5.88%, 9/15/2022	45,077	47,105
Ziggo BV 5.50%, 1/15/2027 (1)(3)	46,870	47,634
		179,732
Mining - 1.3%
Compass Minerals International, Inc.
4.88%, 7/15/2024 (1)	10,392	10,418
6.75%, 12/1/2027 (1)	42,140	44,247
		54,665
Miscellaneous Manufacturing - 6.4%
Gates Global LLC 6.25%, 1/15/2026 (1)	35,000	34,664
General Electric Co. Series D,
(ICE LIBOR USD 3 Month + 3.33%), 5.00%, 1/21/2021 (4)(5)	24,477	19,217
6.75%, 3/15/2032	143,917	176,198
6.88%, 1/10/2039	38,671	47,529
		277,608
Oil & Gas - 8.3%
Comstock Resources, Inc.
7.50%, 5/15/2025 (1)	32,446	29,404
9.75%, 8/15/2026	35,589	33,290
9.75%, 8/15/2026	27,500	25,678
Endeavor Energy Resources LP
6.63%, 7/15/2025 (1)	6,885	6,939
5.50%, 1/30/2026 (1)	15,565	14,903
5.75%, 1/30/2028 (1)	33,200	31,872
EP Energy LLC 7.75%, 5/15/2026 (1)(6)	40,841	8,168
EQT Corp.
6.13%, 2/1/2025	19,134	19,067
3.90%, 10/1/2027	21,866	17,787
Laredo Petroleum, Inc.
9.50%, 1/15/2025	29,250	20,219
10.13%, 1/15/2028	34,250	23,633
Moss Creek Resources Holdings, Inc. 7.50%, 1/15/2026 (1)	17,000	8,500
Northern Oil and Gas, Inc. 8.50% Cash, 9.50% PIK, 5/15/2023 (2)	5,167	4,417
Parsley Energy LLC 4.13%, 2/15/2028 (1)	15,000	13,575
QEP Resources, Inc.
6.88%, 3/1/2021	9,500	9,073
5.38%, 10/1/2022	6,639	5,046
5.25%, 5/1/2023	8,643	5,704
5.63%, 3/1/2026	19,358	12,292
Range Resources Corp.
5.00%, 8/15/2022	9,500	8,645
5.00%, 3/15/2023	5,000	4,262
4.88%, 5/15/2025	5,000	3,752
9.25%, 2/1/2026 (1)	24,468	21,998
Seven Generations Energy Ltd.
6.75%, 5/1/2023 (1)(3)	29,079	27,916
6.88%, 6/30/2023 (1)(3)	8,222	7,955
		364,095
Oil & Gas Services - 0.4%
FTS International, Inc. 6.25%, 5/1/2022	54,659	17,491
Packaging & Containers - 1.4%
LABL Escrow Issuer LLC
6.75%, 7/15/2026 (1)	19,286	20,064
10.50%, 7/15/2027 (1)	24,786	26,335
Plastipak Holdings, Inc. 6.25%, 10/15/2025 (1)	14,379	13,948
		60,347
Pipelines - 0.2%
EQM Midstream Partners LP
6.00%, 7/1/2025 (1)	4,918	4,967
6.50%, 7/1/2027 (1)	4,918	5,038
		10,005
Real Estate - 2.4%
Realogy Group LLC
5.25%, 12/1/2021 (1)	2,000	2,027
4.88%, 6/1/2023 (1)	71,475	66,829
7.63%, 6/15/2025 (1)	14,750	14,713

Artisan High Income Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

9.38%, 4/1/2027 (1)	20,000	18,652
		102,221
Real Estate Investment Trusts (REITS) - 3.2%
Host Hotels & Resorts LP Series F, 4.50%, 2/1/2026	19,405	20,088
Park Intermediate Holdings LLC 7.50%, 6/1/2025 (1)	53,915	55,128
Ryman Hospitality Properties, Inc. 4.75%, 10/15/2027 (1)	6,534	5,783
Uniti Group LP
7.13%, 12/15/2024 (1)	44,971	41,148
7.88%, 2/15/2025 (1)	16,700	16,922
		139,069
Retail - 2.7%
Asbury Automotive Group, Inc.
4.50%, 3/1/2028 (1)	16,124	15,640
4.75%, 3/1/2030 (1)	13,122	12,794
Beacon Roofing Supply, Inc. 4.88%, 11/1/2025 (1)	61,652	55,024
Ferrellgas LP 10.00%, 4/15/2025 (1)	8,838	9,523
Michaels Stores, Inc. 8.00%, 7/15/2027 (1)	24,990	21,719
		114,700
Software - 1.1%
Ascend Learning LLC 6.88%, 8/1/2025 (1)	20,719	20,823
Castle US Holding Corp. 9.50%, 2/15/2028 (1)	28,500	26,362
		47,185
Telecommunications - 1.2%
Altice France Holding SA 6.00%, 2/15/2028 (1)(3)	20,667	19,517
Cincinnati Bell, Inc. 8.00%, 10/15/2025 (1)	26,970	28,150
T-Mobile USA, Inc. 4.50%, 2/1/2026	3,852	3,898
		51,565
Total corporate bonds (Cost $3,063,433)		3,069,583
BANK LOANS - 25.3%
Aerospace/Defense - 0.4%
Jazz Acquisition, Inc. First Lien Term Loan B (ICE LIBOR USD 1 Month + 4.25%), 4.43%, 6/19/2026 (5)	24,832	19,641
Chemicals - 1.2%
Emerald Performance Materials LLC First Lien Term Loan (ICE LIBOR USD 1 Month + 3.50%), 4.50%, 7/30/2021 (5)	52,362	50,398
Commercial Services - 2.2%
Digital Room Holdings, Inc. First Lien Term Loan B (ICE LIBOR USD 3 Month + 5.00%), 6.07%, 5/21/2026 (5)	27,765	21,830
Midas Intermediate Holdco II LLC First Lien Term Loan B (ICE LIBOR USD 3 Month + 2.75%), 3.75%, 8/18/2021 (5)	71,871	64,594
USS Ultimate Holdings, Inc., First Lien Term Loan B (ICE LIBOR USD 3 Month + 3.75%), 4.75%, 8/25/2024 (5)	10,159	9,519
		95,943
Distribution/Wholesale - 0.2%
Core & Main LP First Lien Term Loan B (ICE LIBOR USD 6 Month + 2.75%), 3.75%, 8/1/2024 (5)	8,977	8,531
Diversified Financial Services - 0.3%
Advisor Group Holdings, Inc. First Lien Term Loan B (ICE LIBOR USD 1 Month + 5.00%), 5.18%, 7/31/2026 (5)	12,354	11,406
Entertainment - 0.5%
Playtika Holding Corp., First Lien Term Loan B (ICE LIBOR USD 3 Month + 6.00%), 7.07%, 12/10/2024 (5)	23,766	23,706
Food - 2.1%
Shearer’s Foods LLC, First Lien Term Loan B (ICE LIBOR USD 3 Month + 4.25%), 5.25%, 3/31/2022 (5)	64,138	62,802
Shearer’s Foods LLC, Second Lien Term Loan (ICE LIBOR USD 3 Month + 6.75%), 7.75%, 6/30/2022 (5)	29,000	28,420
		91,222
Food Service - 3.1%
TKC Holdings, Inc. First Lien Term Loan (ICE LIBOR USD 3 Month + 3.75%), 4.75%, 2/1/2023 (5)	90,816	84,814

Artisan High Income Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

TKC Holdings, Inc. Second Lien Term Loan (ICE LIBOR USD 3 Month + 8.00%), 9.00%, 2/1/2024 (5)	57,174	48,012
		132,826
Healthcare-Services - 2.1%
Cambrex Corp., First Lien Term Loan (ICE LIBOR USD 1 Month + 5.00%), 6.00%, 11/20/2026(5)	13,930	13,651
Dental Corp. of Canada, Inc. Second Lien Term Loan (ICE LIBOR USD 1 Month + 7.50%), 8.50%, 6/1/2026 (3)(5)	10,674	8,539
Heartland Dental LLC First Lien Term Loan (ICE LIBOR USD 1 Month + 3.50%), 3.68%, 4/30/2025 (5)	31,472	27,918
Surgery Center Holdings, Inc. First Lien Term Loan
(ICE LIBOR USD 1 Month + 3.25%), 4.25%, 9/3/2024 (5)	47,957	41,945
(ICE LIBOR USD 1 Month + 8.00%), 9.00%, 9/3/2024 (5)	2,941	2,941
		94,994
Insurance - 0.3%
Hub International Ltd., First Lien Term Loan B (ICE LIBOR USD 3 Month + 3.00%), 4.02%, 4/25/2025 (5)	15,644	14,849
Internet - 0.1%
Ancestry.com Operations Inc., First Lien Term Loan B-EXT (ICE LIBOR USD 1 Month + 4.25%), 5.25%, 8/27/2026 (5)	4,436	4,197
Leisure Time - 1.4%
Carnival Corp., First Lien Term Loan B (ICE LIBOR USD 1 Month + 7.50%), 8.50%, 6/26/2025 (5)	38,515	37,071
Topgolf International, Inc. First Lien Term Loan B (ICE LIBOR USD 3 Month + 5.50%), 5.81%, 2/9/2026 (5)	26,497	23,815
		60,886
Machinery-Diversified - 0.2%
STS Operating, Inc. First Lien Term Loan (ICE LIBOR USD 1 Month + 4.25%), 5.25%, 12/11/2024 (5)	9,787	9,008
Metal Fabricate/Hardware - 0.7%
US Tailwind Smith Cooper Intermediate Corp. First Lien Term Loan (ICE LIBOR USD 3 Month + 5.00%), 6.08%, 5/28/2026 (5)	32,256	28,396
Werner FinCo. LP, First Lien Term Loan B (ICE LIBOR USD 1 Month + 4.00%), 5.00%, 7/24/2024 (5)	1,995	1,875
		30,271
Miscellaneous Manufacturing - 0.3%
UTEX Industries, Inc. First Lien Term Loan B (ICE LIBOR USD 3 Month + 4.00%), 5.31%, 5/21/2021 (5)	42,671	11,094
Packaging & Containers - 0.9%
Kloeckner Pentaplast of America, Inc., First Lien Term Loan B (ICE LIBOR USD 3 Month + 4.25%), 5.25%, 6/30/2022 (3)(5)	39,756	37,115
Pharmaceuticals - 0.4%
Lanai Holdings III, Inc. First Lien Term Loan B (ICE LIBOR USD 3 Month + 4.75%), 5.75%, 8/29/2022 (5)	21,675	19,298
Retail - 0.5%
PetSmart, Inc., First Lien Term Loan B2 (ICE LIBOR USD 3 Month + 4.00%), 5.00%, 3/11/2022 (5)	8,207	8,086
Portillo’s Holdings LLC First Lien Term Loan (ICE LIBOR USD 3 Month + 5.50%), 6.50%, 9/6/2024 (5)	12,024	11,017
		19,103
Software - 7.2%
Castle US Holding Corp. First Lien Term Loan B (ICE LIBOR USD 3 Month + 3.75%), 4.06%, 1/29/2027 (5)	4,990	4,541
Finastra USA, Inc., First Lien Term Loan B (ICE LIBOR USD 3 Month + 3.50%), 4.50%, 6/13/2024 (5)	29,383	25,617
Informatica LLC First Lien Term Loan B (ICE LIBOR USD 1 Month + 3.25%), 3.43%, 2/25/2027 (5)	7,481	7,145

Artisan High Income Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

Informatica LLC Second Lien Term Loan 7.13%, 2/25/2025		24,545		24,514
Renaissance Holdings Corp. First Lien Term Loan (ICE LIBOR USD 3 Month + 3.25%), 4.01%, 5/30/2025 (5)		35,087		33,695
Renaissance Holdings Corp. Second Lien Term Loan (ICE LIBOR USD 3 Month + 7.00%), 7.76%, 5/25/2026 (5)		22,617		20,604
TIBCO Software, Inc. Second Lien Term Loan (ICE LIBOR USD 1 Month + 7.25%), 7.43%, 3/3/2028 (5)		3,437		3,293
Ultimate Software Group, Inc. (The), First Lien Term Loan (ICE LIBOR USD 3 Month + 4.00%), 4.75%, 5/4/2026 (5)		40,000		39,457
Ultimate Software Group, Inc. (The), Second Lien Term Loan (ICE LIBOR USD 3 Month + 6.75%), 7.50%, 5/3/2027 (5)		14,550		14,768
Vertafore, Inc. First Lien Term Loan B (ICE LIBOR USD 1 Month + 3.25%), 3.43%, 7/2/2025 (5)		66,114		62,189
Vertafore, Inc. Second Lien Term Loan (ICE LIBOR USD 1 Month + 7.25%), 7.43%, 7/2/2026 (5)		75,000		73,580
				309,403
Telecommunications - 0.5%
Altice France SA First Lien Term Loan B11 (ICE LIBOR USD 1 Month + 2.75%), 2.93%, 7/31/2025 (3)(5)		21,943		20,736
Transportation - 0.7%
SIRVA Worldwide, Inc. First Lien Term Loan
(ICE LIBOR USD 1 Month + 5.50%), 5.68%, 8/4/2025 (5)		26,552		19,207
(ICE LIBOR USD 3 Month + 5.50%), 5.81%, 8/4/2025 (5)		136		98
(ICE LIBOR USD 3 Month + 5.50%), 5.86%, 8/4/2025 (5)		6,753		4,884
(ICE LIBOR USD 3 Month + 5.50%), 6.26%, 8/4/2025 (5)		6,952		5,028
				29,217
Total bank loans (Cost $1,178,361)				1,093,844
CONVERTIBLE BONDS - 0.2%
Diversified Financial Services - 0.1%
EZCORP, Inc. 2.88%, 7/1/2024		875		825
Real Estate Investment Trusts (REITS) - 0.1%
Uniti Fiber Holdings, Inc. 4.00%, 6/15/2024 (1)		4,625		4,949
Total convertible bonds (Cost $5,233)				5,774
	Shares Held		Value
PREFERRED STOCKS - 0.0%(8)
Agriculture - 0.0%
Pinnacle Agriculture Holdings LLC *(9)(10)(11)		25		—
Retail - 0.0% (8)
Chinos Holdings, Inc. 5.00% Cash, 2.00% Capitalization *(1)(4)(6)(11)		2,568		129
Total preferred stocks (Cost $955)				129
COMMON STOCK - 0.0% (8)
Retail - 0.0% (8)
Chinos Holdings, Inc., Class A *(11)		406		20
Total common stocks (Cost $–)				20
SHORT-TERM INVESTMENTS - 6.1%
INVESTMENT COMPANIES - 6.1%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%		89,552		89,552
Federated Treasury Obligations Fund - Institutional Class, 0.10%		86,918		86,918
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%		86,918		86,918
Total short-term investments (Cost $263,388)				263,388
Total investments - 102.6% (Cost $4,511,370)				4,432,738
Other assets less liabilities - (2.6%)				(111,390	)
Total net assets - 100.0% (12)			$	4,321,348

Artisan High Income Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

^*  Non-income producing security.

⁽¹⁾  Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. May be resold in transactions exempt from registration, normally to qualified institutional buyers.

⁽²⁾  Payment in-kind security.

⁽³⁾  The Fund considers the company to be from outside the United States. See the Fund’s Statement of Additional Information for a description of the methodology used for country classifications.

Security	Country	Trading Currency
Altice France Holding SA, 6.00%, 2/15/2028	Luxembourg	U.S. dollar
Altice France SA First Lien Term Loan B11, 2.93%, 7/31/2025	France	U.S. dollar
Ardonagh Midco 2 plc, 11.50%, 1/15/2027	United Kingdom	U.S. dollar
Ardonagh Midco 3 plc, 8.63%, 7/15/2023	United Kingdom	U.S. dollar
Ardonagh Midco 3 plc, 8.63%, 7/15/2023	United Kingdom	U.S. dollar
Dental Corp. of Canada, Inc. Second Lien Term Loan, 8.50%, 6/1/2026	Canada	U.S. dollar
Kloeckner Pentaplast of America, Inc., First Lien Term Loan B, 5.25%, 6/30/2022	Luxembourg	U.S. dollar
Seven Generations Energy Ltd., 6.88%, 6/30/2023	Canada	U.S. dollar
Seven Generations Energy Ltd., 6.75%, 5/1/2023	Canada	U.S. dollar
Vertical Holdco GmbH, 7.63%, 7/15/2028	Germany	U.S. dollar
Vertical US Newco, Inc., 5.25%, 7/15/2027	Germany	U.S. dollar
VistaJet Malta Finance plc, 10.50%, 6/1/2024	Switzerland	U.S. dollar
Ziggo BV, 5.50%, 1/15/2027	Netherlands	U.S. dollar

⁽⁴⁾  Perpetual security. The rate reflected was the rate in effect on June 30, 2020. The maturity date reflects the next call date.

⁽⁵⁾  Variable or floating rate security, linked to the referenced benchmark. The interest rate shown is the current rate as of June 30, 2020.

⁽⁶⁾  Defaulted securities.

⁽⁷⁾  When-issued security.

⁽⁸⁾  Amount rounds to less than 0.1%.

⁽⁹⁾  Security is restricted. Security was acquired in a transaction pursuant to Rule 144A under the Securities Act of 1933, as amended, on the date or during the period noted below.

Security	Acquisition Date		Cost		Value		Percentage of Total Net Assets
Pinnacle Agriculture Holdings LLC		3/26/2020	$	—	$	—		0.0	%

⁽¹⁰⁾  Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

⁽¹¹⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $149, or less than 0.1% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽¹²⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Artisan High Income Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

FUTURES CONTRACTS

Dollar values in thousands

Description	Number of Contracts			Expiration Date		Trading Currency		Notional Amount		Notional Value			Unrealized (Depreciation)
Short Positions Contracts
U.S. Treasury 10 Year Note		(1,665	)		9/21/2020		USD	$	166,500	$	(231,721	)	$	(618	)
U.S. Treasury Long Bond		(230	)		9/21/2020		USD		23,000		(41,069	)		(163	)
													$	(781	)

Abbreviations

ICE	Intercontinental Exchange
LIBOR	London Interbank Offered Rate
USD	U.S. dollar

See notes to N-PORT Part F.

Artisan International Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS AND EQUITY-LINKED SECURITY- 97.0%
Belgium - 0.9%
UCB SA (1)		747	$	86,512
Canada - 2.1%
Canadian Pacific Railway Ltd.		332		84,371
GFL Environmental, Inc.		599		11,244
TMX Group Ltd.		1,011		100,006
				195,621
China - 7.4%
Alibaba Group Holding Ltd., ADR *		825		178,029
Midea Group Co. Ltd., Class A (1)		10,223		86,473
Ping An Healthcare and Technology Co. Ltd. *(1)		4,342		65,964
Tencent Holdings Ltd. (1)		3,068		197,063
Wuliangye Yibin Co. Ltd., Class A (1)		6,379		154,456
				681,985
Denmark - 5.2%
Ascendis Pharma A/S, ADR *		355		52,514
DSV Panalpina A/S (1)		236		28,761
Genmab A/S *(1)		978		327,049
Novo Nordisk A/S, Class B (1)		1,131		73,160
				481,484
France - 9.0%
Air Liquide SA (1)		2,718		391,642
Airbus SE *(1)		1,399		99,535
Amundi SA *(1)		1,529		119,585
Eiffage SA *(1)		1,103		100,747
Vinci SA (1)		1,208		111,108
				822,617
Germany - 13.5%
Allianz SE (1)		496		101,272
Deutsche Boerse AG (1)		3,394		613,544
Deutsche Post AG (1)		909		33,157
Deutsche Telekom AG (1)		13,221		221,161
E.ON SE (1)		7,511		84,450
Siemens AG (1)		853		100,230
Symrise AG (1)		712		82,635
				1,236,449
Hong Kong - 3.4%
AIA Group Ltd. (1)		33,566		312,403
India - 0.6%
Reliance Industries Ltd. (1)		2,401		54,257
Ireland - 2.4%
Amarin Corp. plc, ADR *		6,469		44,763
Ryanair Holdings plc, Equity-Linked Security *(1)(2)(3)		14,322		171,123
				215,886
Israel - 1.6%
Nice Ltd., ADR *		795		150,498
Italy - 0.7%
Assicurazioni Generali SpA (1)		4,448		67,216
Japan - 4.7%
Astellas Pharma, Inc. (1)		6,121		101,886
Nippon Shinyaku Co. Ltd. (1)		2,135		173,624
Sony Corp. (1)		910		62,338
Taiyo Nippon Sanso Corp. (1)		5,415		90,455
				428,303
Macau - 0.3%
Wynn Macau Ltd. (1)		13,915		24,174
Netherlands - 2.0%
Koninklijke DSM NV (1)		1,350		186,628
Portugal - 0.9%
EDP - Energias de Portugal SA (1)		16,432		78,365
Spain - 0.4%
Grifols SA, ADR		1,921		35,041
Sweden - 1.1%
Telefonaktiebolaget LM Ericsson, Class B (1)		10,629		98,149
Switzerland - 13.9%
Idorsia Ltd. *(1)		2,501		79,857
Lonza Group AG (1)		312		164,644
Medacta Group SA *(1)		574		45,404
Nestle SA (1)		3,281		362,435
Roche Holding AG (1)		1,034		357,981
Temenos AG (1)		468		72,564
UBS Group AG (1)		16,660		191,396
				1,274,281
Taiwan - 0.9%
Taiwan Semiconductor Manufacturing Co. Ltd. (1)		8,214		86,921
United Kingdom - 10.5%
AVEVA Group plc (1)		1,882		95,267
Coca-Cola European Partners plc		2,363		89,222
Diageo plc (1)		4,766		158,209
Linde plc (1)		2,628		553,265
RELX plc (1)		2,926		67,724
				963,687
United States - 15.5%
Accenture plc, Class A		531		113,968
Alphabet, Inc., Class A *		92		131,077
Alphabet, Inc., Class C *		37		52,684
Amazon.com, Inc. *		101		279,270

Artisan International Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

Aon plc, Class A	1,679		323,409
Intercontinental Exchange, Inc.	1,496		136,992
Medtronic plc	2,199		201,684
Willis Towers Watson plc	942		185,500
			1,424,584
Total common stocks and equity-linked security (Cost $6,589,282)			8,905,061
SHORT-TERM INVESTMENTS - 3.0%
INVESTMENT COMPANIES - 3.0%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%	94,260		94,260
Federated Treasury Obligations Fund - Institutional Class, 0.10%	91,487		91,487
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%	91,487		91,487
Total short-term investments (Cost $277,234)			277,234
Total investments - 100.0% (Cost $6,866,516)			9,182,295
Other assets less liabilities - 0.0% (4)			3,333
Total net assets - 100.0% (5)		$	9,185,628

Artisan International Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

* Non-income producing security.

⁽¹⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $6,734,789, or 73.3% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽²⁾  Security is restricted. Security was acquired in a transaction pursuant to Rule 144A under the Securities Act of 1933, as amended, on the date or during the period noted below.

Security	Acquisition Date		Cost		Value		Percentage of Total Net  Assets
Ryanair Holdings plc		11/14/2013 - 02/25/2020	$	189,091	$	171,123		1.9	%

⁽³⁾  Security is an equity-linked security issued by HSBC Bank plc. Equity-linked securities are subject to counterparty risk with respect to the bank or broker-dealer that issues them.

⁽⁴⁾  Amount rounds to less than 0.1%.

⁽⁵⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviation
ADR	American Depositary Receipt

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	601,985		6.6	%
Consumer Discretionary		630,284		6.9
Consumer Staples		764,322		8.3
Energy		54,257		0.6
Financials		2,322,446		25.3
Health Care		1,810,083		19.7
Industrials		636,877		6.9
Information Technology		617,367		6.7
Materials		1,304,625		14.2
Utilities		162,815		1.8
Short-Term Investments		277,234		3.0
Total investments	$	9,182,295		100.0	%

Artisan International Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
British pound	$	321,200		3.5	%
Canadian dollar		184,377		2.0
Chinese yuan renminbi offshore		240,929		2.6
Danish krone		428,970		4.7
Euro		3,031,052		33.0
Hong Kong dollar		599,604		6.5
Indian rupee		54,257		0.6
Japanese yen		428,303		4.7
New Taiwan dollar		86,921		0.9
Swedish krona		98,149		1.1
Swiss franc		1,274,281		13.9
U.S. dollar		2,434,252		26.5
Total investments	$	9,182,295		100.0	%

See notes to N-PORT Part F.

Artisan International Small-Mid Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 93.6%
Brazil - 2.4%
Afya Ltd., Class A *		854	$	20,025
Notre Dame Intermedica Participacoes SA		794		9,994
Petrobras Distribuidora SA *		3,495		13,805
Rumo SA *		4,356		18,055
				61,879
Canada - 3.9%
Altus Group Ltd.		807		24,256
BlackBerry Ltd. *		1,541		7,514
CAE, Inc.		1,549		25,127
Descartes Systems Group, Inc. (The) *		471		24,844
Kinaxis, Inc. *		122		17,482
				99,223
China - 0.5%
I-Mab, ADR *		370		11,075
Denmark - 5.5%
ALK-Abello A/S *(1)		45		11,999
Ambu A/S, Class B (1)		775		24,347
Carlsberg A/S, Class B (1)		126		16,679
DSV Panalpina A/S (1)		277		33,834
Genmab A/S *(1)		86		28,684
SimCorp A/S (1)		118		12,725
Vestas Wind Systems A/S (1)	��	115		11,711
				139,979
Finland - 2.7%
Metso OYJ (1)		1,325		43,366
Vaisala OYJ, Class A (1)		635		23,781
				67,147
France - 2.1%
Atos SE *(1)		392		33,396
DBV Technologies SA, ADR *		643		2,824
Lectra (1)		974		17,685
				53,905
Germany - 7.1%
AIXTRON SE *(1)		3,476		41,850
Basler AG (1)		108		7,234
Carl Zeiss Meditec AG (1)		123		11,955
Hamburger Hafen und Logistik AG (1)		305		5,162
Hypoport SE *(1)		43		19,198
MorphoSys AG *(1)		458		57,891
New Work SE (1)		37		11,236
Symrise AG (1)		222		25,749
				180,275
Iceland - 0.7%
Ossur HF (1)		2,816		18,673
India - 1.0%
WNS Holdings Ltd., ADR *		467		25,700
Ireland - 0.1%
Amarin Corp. plc, ADR *		459		3,178
Israel - 7.2%
Compugen Ltd. *		340		5,113
Kornit Digital Ltd. *		740		39,476
Nice Ltd., ADR *		380		71,981
Radware Ltd. *		1,219		28,756
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. (1)		156		8,643
Tel Aviv Stock Exchange Ltd. (1)		3,903		17,524
Teva Pharmaceutical Industries Ltd., ADR *		930		11,466
				182,959
Italy - 0.9%
Davide Campari-Milano SpA (1)		2,331		19,621
Salvatore Ferragamo SpA *(1)		190		2,569
				22,190
Japan - 15.6%
Azbil Corp. (1)		1,597		48,659
eSOL Co. Ltd. (1)		270		2,969
Fujitec Co. Ltd. (1)		1,887		34,623
Harmonic Drive Systems, Inc. (1)		204		11,208
Hennge KK *(1)		623		27,975
JCR Pharmaceuticals Co. Ltd. (1)		68		7,146
Jeol Ltd. (1)		965		26,764
Kobe Bussan Co. Ltd. (1)		560		31,541
Morinaga & Co. Ltd. (1)		740		28,756
Nippon Shinyaku Co. Ltd. (1)		122		9,953
OBIC Business Consultants Co. Ltd. (1)		423		22,481
Obic Co. Ltd. (1)		221		38,933
Rakus Co. Ltd. (1)		494		8,769
Rohm Co. Ltd. (1)		244		16,137
Sagami Rubber Industries Co. Ltd. (1)		324		4,872
SG Holdings Co. Ltd. (1)		1,481		48,314
Shimadzu Corp. (1)		220		5,856
TechMatrix Corp. (1)		722		12,523
Temairazu, Inc. (1)		243		10,111
				397,590
Netherlands - 3.0%
Argenx SE *(1)		86		19,200
IMCD NV (1)		272		25,545
Koninklijke DSM NV (1)		209		28,866
Merus NV *		161		2,588
				76,199
Singapore - 0.6%
XP Power Ltd. (1)		323		14,255

Artisan International Small-Mid Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

Spain - 1.1%
Almirall SA *(1)	2,108		27,818
Sweden - 2.8%
Aprea Therapeutics, Inc. *	170		6,607
Elekta AB, Class B (1)	2,529		23,484
Fortnox AB (1)	501		13,689
MIPS AB (1)	585		20,164
Oncopeptides AB *(1)	554		7,783
			71,727
Switzerland - 7.6%
Alcon, Inc. *(1)	531		30,400
ALSO Holding AG *(1)	26		6,321
Baloise Holding AG (1)	205		30,709
Belimo Holding AG (1)	4		26,477
Burckhardt Compression Holding AG (1)	42		10,251
Lonza Group AG (1)	50		26,368
Siegfried Holding AG *(1)	28		12,840
Tecan Group AG (1)	131		46,273
Ypsomed Holding AG (1)	30		4,284
			193,923
United Kingdom - 15.2%
ASOS plc *(1)	561		23,794
AVEVA Group plc (1)	410		20,781
B&M European Value Retail SA (1)	3,713		18,270
Balfour Beatty plc (1)	3,333		10,764
boohoo Group plc *(1)	5,367		27,354
Britvic plc (1)	2,202		20,996
Codemasters Group Holdings plc *(1)	5,645		23,775
ConvaTec Group plc (1)	15,246		36,990
Electrocomponents plc (1)	3,852		31,988
Fevertree Drinks plc (1)	384		9,722
HomeServe plc (1)	1,289		20,828
Howden Joinery Group plc (1)	2,788		19,073
JD Sports Fashion plc (1)	3,026		23,297
Oxford Biomedica plc *(1)	1,209		10,530
Rotork plc (1)	9,510		32,948
Spirax-Sarco Engineering plc (1)	90		11,173
SSP Group plc (1)	3,516		11,189
St James’s Place plc (1)	1,000		11,789
Trainline plc *(1)	991		5,353
YouGov plc (1)	1,723		16,429
			387,043
United States - 13.6%
ACADIA Pharmaceuticals, Inc. *	375		18,165
Agios Pharmaceuticals, Inc. *	195		10,427
Alkermes plc *	1,019		19,780
Alnylam Pharmaceuticals, Inc. *	94		13,963
Applied Therapeutics, Inc. *	137		4,960
Cognex Corp.	160		9,531
Cree, Inc. *	831		49,197
Flexion Therapeutics, Inc. *	1,477		19,429
Glaukos Corp. *	214		8,240
Heron Therapeutics, Inc. *	642		9,444
Ingersoll Rand, Inc. *	825		23,197
Insmed, Inc. *	612		16,861
Inspire Medical Systems, Inc. *	150		13,054
Intersect ENT, Inc. *	1,112		15,055
MaxCyte, Inc. *(1)	321		796
Model N, Inc. *	850		29,555
Quotient Ltd. *	987		7,304
SolarEdge Technologies, Inc. *	99		13,731
STAAR Surgical Co. *	283		17,440
UroGen Pharma Ltd. *	268		7,001
ViewRay, Inc. *	4,614		10,336
Zscaler, Inc. *	256		28,069
			345,535
Total common stocks (Cost $1,983,325)			2,380,273
SHORT-TERM INVESTMENTS - 5.8%
INVESTMENT COMPANIES - 5.8%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%	50,025		50,025
Federated Treasury Obligations Fund - Institutional Class, 0.10%	48,553		48,553
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%	48,553		48,553
Total short-term investments (Cost $147,131)			147,131
Total investments - 99.4% (Cost $2,130,456)			2,527,404
Other assets less liabilities - 0.6%			15,491
Total net assets - 100.0% (2)		$	2,542,895

Artisan International Small-Mid Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

* Non-income producing security.

⁽¹⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $1,665,668, or 65.5% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽²⁾ Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviation
ADR	American Depositary Receipt

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	51,440		2.0	%
Consumer Discretionary		175,931		7.0
Consumer Staples		140,830		5.6
Financials		79,220		3.1
Health Care		688,481		27.2
Industrials		497,374		19.7
Information Technology		668,126		26.4
Materials		54,615		2.2
Real Estate		24,256		1.0
Short-Term Investments		147,131		5.8
Total investments	$	2,527,404		100.0	%

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
Brazilian real	$	41,854		1.7	%
British pound		402,094		15.9
Canadian dollar		99,223		3.9
Danish krone		158,652		6.3
Euro		422,122		16.7
Israel new shekel		26,167		1.0
Japanese yen		397,590		15.7
Swedish krona		65,120		2.6
Swiss franc		193,923		7.7
U.S. dollar		720,659		28.5
Total investments	$	2,527,404		100.0	%

See notes to N-PORT Part F.

Artisan International Value Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS AND EQUITY-LINKED SECURITY - 94.4%
Belgium - 3.0%
Groupe Bruxelles Lambert SA (1)		4,588	$	384,404
Brazil - 1.9%
Telefonica Brasil SA, ADR		27,949		247,628
Canada - 3.0%
Imperial Oil Ltd.		13,778		221,642
Suncor Energy, Inc.		10,089		170,113
				391,755
China - 7.8%
Alibaba Group Holding Ltd., ADR *		1,489		321,235
Baidu, Inc., ADR *		3,388		406,197
Trip.com Group Ltd., ADR *		11,227		291,014
				1,018,446
Denmark - 2.6%
DSV Panalpina A/S (1)		2,713		330,991
France - 4.0%
Danone SA (1)		1,744		120,530
Sodexo SA (1)		2,904		196,199
Vivendi SA (1)		8,102		207,656
				524,385
Germany - 4.5%
Fresenius Medical Care AG & Co. KGaA (1)		5,827		496,776
Hella GmbH & Co. KGaA (1)		2,297		93,851
				590,627
India - 3.5%
Bharti Infratel Ltd. (1)		51,081		150,027
HCL Technologies Ltd. (1)		41,428		306,961
				456,988
Ireland - 3.7%
CRH plc (1)		9,315		318,592
Ryanair Holdings plc, Equity-Linked Security *(1)(2)(3)		14,041		167,761
				486,353
Japan - 2.1%
Seven & i Holdings Co. Ltd. (1)		4,473		145,962
Sony Corp. (1)		1,863		127,581
				273,543
Luxembourg - 1.1%
Tenaris SA (1)		16,551		106,695
Tenaris SA, ADR		2,550		32,968
				139,663
Netherlands - 4.8%
ING Groep NV (1)		49,442		343,468
NXP Semiconductors NV		2,434		277,621
				621,089
South Korea - 11.4%
NAVER Corp. (1)		2,741		614,773
Samsung Electronics Co. Ltd. (1)		16,667		738,843
Samsung Electronics Co. Ltd. (Preference) (1)		3,388		132,323
				1,485,939
Spain - 0.8%
Bankia SA (1)		97,992		104,215
Switzerland - 18.9%
ABB Ltd. (1)		32,138		722,385
Cie Financiere Richemont SA (1)		6,730		428,565
LafargeHolcim Ltd. *(1)		7,402		323,764
Novartis AG (1)		5,086		441,953
UBS Group AG (1)		46,586		535,201
				2,451,868
United Kingdom - 13.3%
CNH Industrial NV *(1)		13,279		92,767
Compass Group plc (1)		40,861		562,132
IMI plc (1)		7,322		83,591
John Wood Group plc (1)		3,427		8,214
Lloyds Banking Group plc (1)		530,115		204,501
RELX plc (1)		16,202		374,998
RELX plc (1)		3,992		92,264
Royal Bank of Scotland Group plc (1)		54,340		81,731
Tesco plc (1)		80,317		226,778
				1,726,976
United States - 8.0%
Arch Capital Group Ltd. *		17,911		513,144
Schlumberger Ltd.		17,002		312,667
Willis Towers Watson plc		1,074		211,485
				1,037,296
Total common stocks and equity-linked security (Cost $11,274,139)				12,272,166
SHORT-TERM INVESTMENTS - 5.0%
INVESTMENT COMPANIES - 5.0%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%		219,812		219,812
Federated Treasury Obligations Fund - Institutional Class, 0.10%		213,347		213,347
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%		213,347		213,347
Total short-term investments (Cost $646,506)				646,506

Artisan International Value Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

Total investments - 99.4% (Cost $11,920,645)		12,918,672
Other assets less liabilities - 0.6%		80,605
Total net assets - 100.0% (4)	$	12,999,277

Artisan International Value Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

* Non-income producing security.

⁽¹⁾ Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $9,266,452, or 71.3% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽²⁾  Security is restricted. Security was acquired in a transaction pursuant to Rule 144A under the Securities Act of 1933, as amended, on the date or during the period noted below.

Security	Acquisition Date		Cost		Value		Percentage of Total Net  Assets
Ryanair Holdings plc		11/14/2013 - 06/24/2020	$	137,646	$	167,761		1.3	%

⁽³⁾  Security is an equity-linked security issued by HSBC Bank plc. Equity-linked securities are subject to counterparty risk with respect to the bank or broker-dealer that issues them.

⁽⁴⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviations
ADR	American Depositary Receipt
Preference	A special type of equity investment that shares in the earnings of the company and may have a dividend preference. Preference shares may also have liquidation preference.

FOREIGN CURRENCY FORWARD CONTRACTS

Values in thousands

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
CNH	282,794	USD	39,307	JPM		10/22/2020	$	445
USD	61,680	CNH	438,236	JPM		10/22/2020		79
USD	182,942	JPY	19,592,707	JPM		10/22/2020		1,157
Total unrealized appreciation								1,681
USD	623,600	CNH	4,457,169	JPM		10/22/2020		(2,928	)
Total unrealized depreciation								(2,928	)
Net unrealized depreciation							$	(1,247	)

CNH	Chinese yuan renminbi offshore
JPY	Japanese yen
USD	U.S. dollar
JPM	JPMorgan Chase Bank, N.A.

Artisan International Value Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	1,626,281		12.6	%
Consumer Discretionary		2,020,577		15.6
Consumer Staples		493,270		3.8
Energy		852,299		6.6
Financials		2,545,910		19.7
Health Care		938,729		7.3
Industrials		1,696,996		13.1
Information Technology		1,455,748		11.3
Materials		642,356		5.0
Short-Term Investments		646,506		5.0
Total investments	$	12,918,672		100.0	%

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
British pound	$	1,541,945		11.9	%
Canadian dollar		391,755		3.0
Danish krone		330,991		2.6
Euro		2,557,417		19.8
Indian rupee		456,988		3.5
Japanese yen		273,543		2.1
Korean won		1,485,939		11.5
Swiss franc		2,451,868		19.0
U.S. dollar		3,428,226		26.6
Total investments	$	12,918,672		100.0	%

See notes to N-PORT Part F.

Artisan Mid Cap Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 97.1%
Aerospace & Defense - 2.7%
L3Harris Technologies, Inc.		768	$	130,266
Teledyne Technologies, Inc. *		116		35,915
				166,181
Auto Components - 1.1%
Aptiv plc		821		63,991
Biotechnology - 11.3%
Argenx SE, ADR *(1)		479		107,808
Ascendis Pharma A/S, ADR *(1)		947		139,989
BioNTech SE, ADR *(1)		678		45,264
Exact Sciences Corp. *		1,077		93,621
Genmab A/S *(1)(2)		525		175,574
Halozyme Therapeutics, Inc. *		2,372		63,597
Sage Therapeutics, Inc. *		414		17,205
Sarepta Therapeutics, Inc. *		239		38,259
				681,317
Capital Markets - 2.3%
MSCI, Inc.		171		56,951
Tradeweb Markets, Inc., Class A		1,453		84,486
				141,437
Commercial Services & Supplies - 0.8%
Cintas Corp.		188		50,044
Communications Equipment - 1.4%
Arista Networks, Inc. *		403		84,694
Diversified Consumer Services - 0.7%
Chegg, Inc. *		672		45,179
Electronic Equipment, Instruments & Components - 2.8%
Cognex Corp.		1,274		76,109
IPG Photonics Corp. *		91		14,633
Trimble, Inc. *		1,817		78,482
				169,224
Entertainment - 5.3%
Roku, Inc. *		179		20,877
Spotify Technology SA *		254		65,687
Take-Two Interactive Software, Inc. *		408		56,994
Zynga, Inc., Class A *		18,877		180,084
				323,642
Food Products - 0.4%
Beyond Meat, Inc.*		167		22,341
Health Care Equipment & Supplies - 5.4%
DexCom, Inc. *		483		195,911
West Pharmaceutical Services, Inc.		574		130,343
				326,254
Health Care Providers & Services - 1.6%
Centene Corp. *		1,542		98,002
Health Care Technology - 4.0%
Veeva Systems, Inc., Class A *		1,032		241,842
Hotels, Restaurants & Leisure - 1.5%
Chipotle Mexican Grill, Inc. *		85		89,432
Industrial Conglomerates - 1.9%
Roper Technologies, Inc.		299		115,915
Interactive Media & Services - 1.3%
Match Group, Inc. *		707		75,647
Internet & Direct Marketing Retail - 0.5%
Wayfair, Inc., Class A *		166		32,762
IT Services - 8.5%
Adyen NV *(1)(2)		44		64,306
Fidelity National Information Services, Inc.		888		119,100
Global Payments, Inc.		1,515		256,902
Pagseguro Digital Ltd., Class A *(1)		2,140		75,622
				515,930
Leisure Products - 0.8%
Peloton Interactive, Inc., Class A *		879		50,767
Life Sciences Tools & Services - 4.0%
Adaptive Biotechnologies Corp. *		594		28,747
Agilent Technologies, Inc.		733		64,780
Lonza Group AG (1)(2)		276		145,572
				239,099
Machinery - 3.3%
Fortive Corp.		1,441		97,465
IDEX Corp.		230		36,303
Ingersoll Rand, Inc. *		2,276		64,012
				197,780
Media - 1.7%
New York Times Co. (The), Class A		2,420		101,721
Multiline Retail - 1.8%
Ollie’s Bargain Outlet Holdings, Inc.*		1,103		107,733
Multi-Utilities - 2.6%
Ameren Corp.		1,184		83,331
CMS Energy Corp.		1,251		73,071
				156,402
Pharmaceuticals - 2.2%
Catalent, Inc. *		1,791		131,291
Professional Services - 4.5%
IHS Markit Ltd.		1,901		143,546
TransUnion		684		59,497
Verisk Analytics, Inc.		403		68,610
				271,653
Semiconductors & Semiconductor Equipment - 3.1%
Advanced Micro Devices, Inc. *		904		47,536
Lattice Semiconductor Corp. *		1,854		52,631
Skyworks Solutions, Inc.		691		88,380
				188,547
Software - 17.7%
Atlassian Corp. plc, Class A *		1,257		226,521
Ceridian HCM Holding, Inc. *		1,194		94,655
Datadog, Inc., Class A *		1,001		87,006
Guidewire Software, Inc. *		1,091		120,884
HubSpot, Inc. *		518		116,205
Slack Technologies, Inc., Class A *		1,942		60,372

Artisan Mid Cap Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

Synopsys, Inc. *	201		39,227
Tyler Technologies, Inc. *	69		23,772
Zoom Video Communications, Inc., Class A *	777		196,974
Zscaler, Inc. *	967		105,843
			1,071,459
Specialty Retail - 1.4%
Burlington Stores, Inc. *	418		82,239
Textiles, Apparel & Luxury Goods - 0.5%
Lululemon Athletica, Inc. *	105		32,709
Total common stocks (Cost $3,458,792)			5,875,234
SHORT-TERM INVESTMENTS - 3.1%
INVESTMENT COMPANIES - 3.1%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%	64,289		64,289
Federated Treasury Obligations Fund - Institutional Class, 0.10%	62,398		62,398
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%	62,399		62,399
Total short-term investments (Cost $189,086)			189,086
Total investments - 100.2% (Cost $3,647,878)			6,064,320
Other assets less liabilities - (0.2%)			(10,487	)
Total net assets - 100.0% (3)		$	6,053,833

Artisan Mid Cap Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

* Non-income producing security.

⁽¹⁾  The Fund considers the company to be from outside the United States. See the Fund’s Statement of Additional Information for a description of the methodology used for country classifications.

Security	Country	Trading Currency
Adyen NV	Netherlands	Euro
Argenx SE	Netherlands	U.S. dollar
Ascendis Pharma A/S	Denmark	U.S. dollar
BioNTech SE	Germany	U.S. dollar
Genmab A/S	Denmark	Danish krone
Lonza Group AG	Switzerland	Swiss franc
Pagseguro Digital Ltd.	Brazil	U.S. dollar

⁽²⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $385,452, or 6.4% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽³⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviation
ADR	American Depositary Receipt

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	501,010		8.3	%
Consumer Discretionary		504,812		8.3
Consumer Staples		22,341		0.4
Financials		141,437		2.3
Health Care		1,717,805		28.3
Industrials		801,573		13.2
Information Technology		2,029,854		33.5
Utilities		156,402		2.6
Short-Term Investments		189,086		3.1
Total investments	$	6,064,320		100.0	%

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
Danish krone	$	175,574		2.9	%
Euro		64,306		1.1
Swiss franc		145,572		2.4
U.S. dollar		5,678,868		93.6
Total investments	$	6,064,320		100.0	%

See notes to N-PORT Part F.

Artisan Mid Cap Value Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 95.5%
Aerospace & Defense - 0.8%
Spirit AeroSystems Holdings, Inc., Class A		611	$	14,619
Air Freight & Logistics - 2.1%
Expeditors International of Washington, Inc.		467		35,516
Auto Components - 5.7%
BorgWarner, Inc.		1,258		44,406
Gentex Corp.		2,079		53,584
				97,990
Automobiles - 4.8%
Thor Industries, Inc.		767		81,655
Banks - 7.7%
BOK Financial Corp.		527		29,747
Fifth Third Bancorp		2,101		40,501
M&T Bank Corp.		344		35,805
Pinnacle Financial Partners, Inc.		610		25,625
				131,678
Capital Markets - 2.3%
Moelis & Co., Class A		1,249		38,909
Chemicals - 4.9%
Axalta Coating Systems Ltd. *		1,055		23,785
Celanese Corp.		395		34,102
Corteva, Inc.		946		25,355
				83,242
Consumer Finance - 1.5%
Synchrony Financial		1,142		25,302
Diversified Consumer Services - 1.5%
H&R Block, Inc.		1,742		24,874
Diversified Telecommunication Services - 1.1%
GCI Liberty, Inc., Class A *		254		18,087
Electronic Equipment, Instruments & Components - 1.8%
Arrow Electronics, Inc. *		454		31,206
Entertainment - 2.8%
Electronic Arts, Inc. *		222		29,381
Lions Gate Entertainment Corp., Class A *		1,288		9,542
Lions Gate Entertainment Corp., Class B *		1,395		9,525
				48,448
Equity Real Estate Investment Trusts (REITs) - 5.4%
Lamar Advertising Co., Class A		631		42,147
Public Storage		78		14,879
STORE Capital Corp.		710		16,910
Weyerhaeuser Co.		786		17,647
				91,583
Food & Staples Retailing - 3.8%
Kroger Co. (The)		1,133		38,359
Sysco Corp.		483		26,426
				64,785
Food Products - 1.9%
Tyson Foods, Inc., Class A		555		33,158
Health Care Equipment & Supplies - 2.6%
DENTSPLY SIRONA, Inc.		1,004		44,234
Health Care Providers & Services - 2.2%
AmerisourceBergen Corp.		378		38,114
Hotels, Restaurants & Leisure - 3.8%
Marriott International, Inc., Class A		384		32,946
Vail Resorts, Inc.		178		32,332
				65,278
Insurance - 10.0%
Aon plc, Class A		186		35,789
Arch Capital Group Ltd. *		1,528		43,788
Globe Life, Inc.		653		48,478
Progressive Corp. (The)		531		42,578
				170,633
Interactive Media & Services - 4.2%
IAC/interactivecorp *		221		71,431
Internet & Direct Marketing Retail - 2.8%
Expedia Group, Inc.		587		48,216
Machinery - 1.1%
Otis Worldwide Corp.		337		19,164
Marine - 2.0%
Kirby Corp. *		626		33,527
Media - 4.8%
News Corp., Class A		2,678		31,767
Omnicom Group, Inc.		618		33,769
ViacomCBS, Inc.		688		16,045
				81,581
Road & Rail - 2.7%
AMERCO		153		46,346
Semiconductors & Semiconductor Equipment - 4.1%
Analog Devices, Inc.		565		69,312
Specialty Retail - 2.8%
AutoNation, Inc. *		1,283		48,216
Technology Hardware, Storage & Peripherals - 1.7%
NetApp, Inc.		670		29,706
Trading Companies & Distributors - 2.6%
Air Lease Corp.		1,498		43,872
Total common stocks (Cost $1,283,822)				1,630,682

Artisan Mid Cap Value Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

SHORT-TERM INVESTMENTS - 4.3%
INVESTMENT COMPANIES - 4.3%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%	24,911		24,911
Federated Treasury Obligations Fund - Institutional Class, 0.10%	24,178		24,178
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%	24,179		24,179
Total short-term investments (Cost $73,268)			73,268
Total investments - 99.8% (Cost $1,357,090)			1,703,950
Other assets less liabilities - 0.2%			3,446
Total net assets - 100.0% (1)		$	1,707,396

Artisan Mid Cap Value Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

^*  Non-income producing security.

⁽¹⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total Investments
Communication Services	$	219,547		12.9	%
Consumer Discretionary		366,229		21.5
Consumer Staples		97,943		5.8
Financials		366,522		21.5
Health Care		82,348		4.8
Industrials		193,044		11.3
Information Technology		130,224		7.6
Materials		83,242		4.9
Real Estate		91,583		5.4
Short-Term Investments		73,268		4.3
Total investments	$	1,703,950		100.0	%

See notes to N-PORT Part F.

Artisan Select Equity Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held			Value
COMMON STOCKS - 94.3%
Aerospace & Defense - 2.1%
BAE Systems plc (1)(2)		43		$	257
Air Freight & Logistics - 3.5%
FedEx Corp.		3			435
Airlines - 2.0%
Southwest Airlines Co.		7			250
Banks - 4.8%
Citigroup, Inc.		12			599
Capital Markets - 4.0%
Bank of New York Mellon Corp. (The)		13			493
Construction Materials - 3.3%
HeidelbergCement AG (1)(2)		8			405
Consumer Finance - 5.1%
American Express Co.		7			628
Diversified Financial Services - 4.5%
Berkshire Hathaway, Inc., Class B *		3			555
Health Care Equipment & Supplies - 5.5%
DENTSPLY SIRONA, Inc.		15			676
Health Care Providers & Services - 5.4%
Anthem, Inc.		3			668
Insurance - 7.3%
Marsh & McLennan Cos., Inc.		4			402
Progressive Corp. (The)		6			504
					906
Interactive Media & Services - 11.1%
Alphabet, Inc., Class A *		1			718
Facebook, Inc., Class A *		3			663
					1,381
Internet & Direct Marketing Retail - 9.0%
Booking Holdings, Inc.*		—	(3)		653
Expedia Group, Inc.		6			462
					1,115
IT Services - 9.1%
Cognizant Technology Solutions Corp., Class A		11			635
Visa, Inc., Class A		3			498
					1,133
Software - 5.7%
Oracle Corp.		13			700
Specialty Retail - 4.4%
Advance Auto Parts, Inc.		4			548
Technology Hardware, Storage & Peripherals - 4.3%
Samsung Electronics Co. Ltd. (1)(2)		12			533
Textiles, Apparel & Luxury Goods - 3.2%
Cie Financiere Richemont SA (1)(2)		6			398
Total common stocks (Cost $11,602)					11,680
SHORT-TERM INVESTMENTS - 5.2%
INVESTMENT COMPANIES - 5.2%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%		221			221
Federated Treasury Obligations Fund - Institutional Class, 0.10%		214			214
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%		214			214
Total short-term investments (Cost $649)					649
Total investments - 99.5% (Cost $12,251)					12,329
Other assets less liabilities - 0.5%					57
Total net assets - 100.0%(4)				$	12,386

Artisan Select Equity Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

^*  Non-income producing security.

⁽¹⁾  The Fund considers the company to be from outside the United States. See the Fund’s Statement of Additional Information for a description of the methodology used for country classifications.

Security	Country	Trading Currency
BAE Systems plc	United Kingdom	British pound
Cie Financiere Richemont SA	Switzerland	Swiss franc
HeidelbergCement AG	Germany	Euro
Samsung Electronics Co. Ltd.	South Korea	Korean won

⁽²⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $1,593, or 12.9% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽³⁾  Amount less than one.

⁽⁴⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total Investments
Communication Services	$	1,381		11.2	%
Consumer Discretionary		2,061		16.7
Financials		3,181		25.8
Health Care		1,344		10.9
Industrials		942		7.6
Information Technology		2,366		19.2
Materials		405		3.3
Short-Term Investments		649		5.3
Total investments	$	12,329		100.0	%

Artisan Select Equity Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total Investments
British pound	$	257		2.1	%
Euro		405		3.3
Korean won		533		4.3
Swiss franc		398		3.2
U.S. dollar		10,736		87.1
Total investments	$	12,329		100.0	%

See notes to N-Port Part F.

Artisan Small Cap Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 96.8%
Aerospace & Defense - 4.8%
BWX Technologies, Inc.		505	$	28,611
Cubic Corp.		468		22,496
Teledyne Technologies, Inc. *		237		73,799
				124,906
Biotechnology - 16.4%
Acceleron Pharma, Inc. *		345		32,870
Argenx SE, ADR *(1)		302		68,118
Ascendis Pharma A/S, ADR *(1)		441		65,254
Halozyme Therapeutics, Inc. *		4,324		115,929
Iovance Biotherapeutics, Inc. *		1,700		46,676
Orchard Therapeutics plc, ADR *(1)		1,626		9,755
Radius Health, Inc. *		781		10,647
Sage Therapeutics, Inc. *		134		5,590
Twist Bioscience Corp. *		167		7,563
Veracyte, Inc. *		1,964		50,879
Y-mAbs Therapeutics, Inc. *		358		15,463
				428,744
Building Products - 0.6%
Trex Co., Inc. *		126		16,354
Capital Markets - 0.8%
Morningstar, Inc.		155		21,911
Diversified Consumer Services - 5.7%
Bright Horizons Family Solutions, Inc. *		166		19,444
Chegg, Inc. *		1,939		130,449
				149,893
Electronic Equipment, Instruments & Components - 3.0%
Cognex Corp.		286		17,080
Novanta, Inc. *		576		61,486
				78,566
Entertainment - 3.5%
Zynga, Inc., Class A *		9,544		91,049
Food & Staples Retailing - 1.2%
Casey’s General Stores, Inc.		206		30,751
Health Care Equipment & Supplies - 3.3%
Glaukos Corp. *		777		29,867
iRhythm Technologies, Inc. *		88		10,208
Mesa Laboratories, Inc.		74		15,937
Shockwave Medical, Inc. *		117		5,540
Vapotherm, Inc. *		577		23,661
				85,213
Health Care Providers & Services - 1.0%
HealthEquity, Inc. *		424		24,876
Health Care Technology - 1.6%
Tabula Rasa HealthCare, Inc. *		746		40,842
Hotels, Restaurants & Leisure - 1.3%
Papa John’s International, Inc.		231		18,323
Wingstop, Inc.		104		14,477
				32,800
IT Services - 1.5%
Evo Payments, Inc., Class A *		598		13,644
LiveRamp Holdings, Inc. *		587		24,944
				38,588
Life Sciences Tools & Services - 4.4%
Adaptive Biotechnologies Corp. *		402		19,465
NeoGenomics, Inc. *		2,722		84,328
Repligen Corp. *		92		11,311
				115,104
Machinery - 3.6%
Ingersoll Rand, Inc. *		1,482		41,670
John Bean Technologies Corp.		615		52,910
				94,580
Media - 1.6%
New York Times Co. (The), Class A		984		41,352
Multiline Retail - 3.3%
Ollie’s Bargain Outlet Holdings, Inc. *		893		87,238
Pharmaceuticals - 1.1%
MyoKardia, Inc. *		111		10,695
Tricida, Inc. *		692		19,020
				29,715
Professional Services - 1.8%
Clarivate plc *(1)		2,100		46,896
Semiconductors & Semiconductor Equipment - 5.6%
Cree, Inc. *		811		47,981
Lattice Semiconductor Corp. *		1,589		45,098
Monolithic Power Systems, Inc.		228		54,074
				147,153
Software - 29.5%
ACI Worldwide, Inc. *		1,557		42,033
Avalara, Inc. *		401		53,372
Blackline, Inc. *		1,204		99,853
Coupa Software, Inc. *		276		76,592
Guidewire Software, Inc. *		584		64,744
HubSpot, Inc. *		345		77,302
LivePerson, Inc. *		1,819		75,381
Paylocity Holding Corp. *		73		10,676
PROS Holdings, Inc. *		429		19,079
Q2 Holdings, Inc. *		1,194		102,431
RealPage, Inc. *		435		28,256
Tyler Technologies, Inc. *		155		53,711
Zscaler, Inc. *		615		67,311
				770,741
Specialty Retail - 1.2%
Floor & Decor Holdings, Inc., Class A *		556		32,063
Total common stocks (Cost $1,575,121)				2,529,335

Artisan Small Cap Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

SHORT-TERM INVESTMENTS - 2.9%
INVESTMENT COMPANIES - 2.9%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%	25,302		25,302
Federated Treasury Obligations Fund - Institutional Class, 0.10%	24,558		24,558
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%	24,558		24,558
Total short-term investments (Cost $74,418)			74,418
Total investments - 99.7% (Cost $1,649,539)			2,603,753
Other assets less liabilities - 0.3%			7,067
Total net assets - 100.0% (2)		$	2,610,820

* Non-income producing security.

⁽¹⁾  The Fund considers the company to be from outside the United States. See the Fund’s Statement of Additional Information for a description of the methodology used for country classifications.

Security	Country	Trading Currency
Argenx SE	Netherlands	U.S. dollar
Ascendis Pharma A/S	Denmark	U.S. dollar
Clarivate plc	United Kingdom	U.S. dollar
Orchard Therapeutics plc	United Kingdom	U.S. dollar

⁽²⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Artisan Small Cap Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

Abbreviation

ADR     American Depositary Receipt

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	132,401		5.1	%
Consumer Discretionary		301,994		11.6
Consumer Staples		30,751		1.2
Financials		21,911		0.8
Health Care		724,494		27.8
Industrials		282,736		10.9
Information Technology		1,035,048		39.7
Short-Term Investments		74,418		2.9
Total investments	$	2,603,753		100.0	%

See Notes to N-PORT Part F.

Artisan Sustainable Emerging Markets Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 96.6%
Argentina - 4.1%
Globant SA *		3	$	496
MercadoLibre, Inc. *		2		1,546
				2,042
Brazil - 5.6%
Arco Platform Ltd., Class A *		10		415
Cia Energetica de Minas Gerais (Preference) *		122		249
Grupo SBF SA *		54		325
Itau Unibanco Holding SA (Preference)		116		548
Linx SA		63		294
Petroleo Brasileiro SA *		96		401
Vale SA *		50		519
				2,751
Chile - 1.0%
Empresa Nacional de Telecomunicaciones SA		73		473
China - 26.1%
Alibaba Group Holding Ltd., ADR *		19		4,079
Alibaba Group Holding Ltd. *(1)		16		438
Baidu, Inc., ADR *		5		592
Baozun, Inc., ADR *		13		495
China Life Insurance Co. Ltd., Class H *(1)		262		526
China Traditional Chinese Medicine Holdings Co. Ltd. (1)		1,448		698
Estun Automation Co. Ltd., Class A *(1)		302		511
Haier Smart Home Co. Ltd., Class A (1)		153		385
iQIYI, Inc., ADR *		19		439
Noah Holdings Ltd., ADR *		20		515
Prosus NV *(1)		19		1,789
Sinopharm Group Co. Ltd., Class H (1)		198		507
Tencent Music Entertainment Group, ADR *		20		273
Trip.com Group Ltd., ADR *		22		562
Wuhan Raycus Fiber Laser Technologies Co. Ltd., Class A (1)		34		523
Zhuzhou CRRC Times Electric Co. Ltd., Class H (1)		200		512
				12,844
Colombia - 0.8%
Banco Davivienda SA (Preference)		50		372
Greece - 1.6%
Alpha Bank AE *(1)		309		231
JUMBO SA (1)		32		569
				800
Hong Kong - 5.0%
AIA Group Ltd. (1)		91		847
China High Precision Automation Group Ltd. *(1)(2)		9,066		—
Sino Biopharmaceutical Ltd. (1)		855		1,612
				2,459
India - 8.4%
Havells India Ltd. (1)		63		486
ICICI Bank Ltd. (1)		173		800
Kajaria Ceramics Ltd. (1)		104		541
Metropolis Healthcare Ltd. (1)		20		368
Reliance Industries Ltd. (1)		71		1,606
Westlife Development Ltd. *(1)		84		344
				4,145
Indonesia - 3.5%
Astra International Tbk. PT (1)		1,023		344
Bank Rakyat Indonesia Persero Tbk. PT (1)		2,319		495
Indofood CBP Sukses Makmur Tbk. PT *(1)		612		400
Telekomunikasi Indonesia Persero Tbk. PT (1)		2,357		504
				1,743
Malaysia - 1.0%
Public Bank Bhd. (1)		124		480
Mexico - 0.5%
Cemex SAB de CV		955		269
Panama - 0.7%
Copa Holdings SA, Class A		7		343
Peru - 1.0%
Credicorp Ltd.		4		506
Russia - 9.1%
Lukoil PJSC, ADR (1)		12		876
MMC Norilsk Nickel PJSC, ADR (1)		28		732
Polyus PJSC, GDR (1)		15		1,301
Sberbank of Russia PJSC (1)		272		775
TCS Group Holding plc, GDR (1)		17		351
Yandex NV, Class A *		9		455
				4,490
Saudi Arabia - 0.4%
Leejam Sports Co. JSC (1)		13		196
South Africa - 1.8%
FirstRand Ltd. (1)		202		443
Foschini Group Ltd. (The) (1)		121		447
				890
South Korea - 10.9%
BGF retail Co. Ltd. (1)		5		534
Samsung Biologics Co. Ltd. *(1)		2		1,102
Samsung Electronics Co. Ltd. (1)		75		3,316

Artisan Sustainable Emerging Markets Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

Shinhan Financial Group Co. Ltd. (1)	18		439
			5,391
Taiwan - 13.9%
E Ink Holdings, Inc. (1)	708		972
MediaTek, Inc. (1)	71		1,385
Sunny Friend Environmental Technology Co. Ltd. (1)	123		1,077
Taiwan Semiconductor Manufacturing Co. Ltd. (1)	323		3,414
			6,848
Thailand - 0.5%
Bangkok Bank PCL (1)	66		231
Turkey - 0.7%
Turkiye Sinai Kalkinma Bankasi A/S *(1)	1,951		367
Total common stocks (Cost $41,279)			47,640
SHORT-TERM INVESTMENTS - 3.5%
INVESTMENT COMPANIES - 3.5%
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class, 0.11%	579		579
Federated Treasury Obligations Fund - Institutional Class, 0.10%	561		561
Fidelity Investments Money Market Treasury Portfolio - Institutional Class, 0.10%	561		561
Total short-term investments (Cost $1,701)			1,701
Total investments - 100.1% (Cost $42,980)			49,341
Other assets less liabilities - (0.1)%			(44	)
Total net assets - 100.0% (3)		$	49,297

* Non-income producing security.

⁽¹⁾  Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $33,474, or 67.9% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽²⁾  Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

⁽³⁾  Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviations
ADR	American Depositary Receipt
GDR	Global Depositary Receipt

Artisan Sustainable Emerging Markets Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

Preference A special type of equity investment that shares in the earnings of the company and may have a dividend preference. Preference shares may also have liquidation preference.

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	2,736		5.5	%
Consumer Discretionary		11,934		24.2
Consumer Staples		934		1.9
Energy		2,883		5.8
Financials		7,926		16.1
Health Care		4,287		8.7
Industrials		3,470		7.0
Information Technology		10,400		21.1
Materials		2,821		5.7
Utilities		249		0.5
Short-Term Investments		1,701		3.5
Total investments	$	49,341		100.0	%

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
Brazilian real	$	2,336		4.7	%
Chilean peso		473		1.0
Chinese yuan renminbi offshore		1,419		2.9
Colombian peso		372		0.8
Euro		2,589		5.2
Hong Kong dollar		5,140		10.4
Indian rupee		4,145		8.4
Indonesian rupiah		1,743		3.5
Korean won		5,391		10.9
Malaysian ringgit		480		1.0
Mexican peso		269		0.6
New Taiwan dollar		6,848		13.9
Saudi riyal		196		0.4
South African rand		890		1.8
Thai baht		231		0.5
Turkish lira		367		0.7
U.S. dollar		16,452		33.3
Total investments	$	49,341		100.0	%

See notes to N-PORT Part F.

Artisan Value Fund

Schedule of Investments

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

	Shares Held		Value
COMMON STOCKS - 93.4%
Aerospace & Defense - 5.0%
Airbus SE *(1)(2)		82	$	5,817
Raytheon Technologies Corp.		166		10,232
				16,049
Air Freight & Logistics - 3.2%
FedEx Corp.		74		10,322
Auto Components - 1.8%
Cie Generale des Etablissements
Michelin SCA (1)(2)		56		5,853
Banks - 3.2%
Citigroup, Inc.		201		10,276
Biotechnology - 1.4%
AbbVie, Inc.		47		4,590
Capital Markets - 5.5%
E*TRADE Financial Corp.		177		8,795
Goldman Sachs Group, Inc. (The)		43		8,588
				17,383
Chemicals - 3.2%
Celanese Corp.		54		4,662
DuPont de Nemours, Inc.		102		5,443
				10,105
Communications Equipment - 3.5%
Cisco Systems, Inc.		236		11,025
Consumer Finance - 2.4%
Synchrony Financial		344		7,614
Diversified Financial Services - 4.5%
Berkshire Hathaway, Inc., Class B *		80		14,246
Diversified Telecommunication Services - 0.2%
GCI Liberty, Inc., Class A *		11		757
Entertainment - 1.3%
Electronic Arts, Inc.*		31		4,139
Health Care Equipment & Supplies - 1.9%
Medtronic plc		66		6,026
Health Care Providers & Services - 3.4%
Fresenius Medical Care AG & Co. KGaA (1)(2)		126		10,778
Hotels, Restaurants & Leisure - 4.6%
Compass Group plc(1)(2)		568		7,818
Marriott International, Inc., Class A		81		6,977
				14,795
Insurance - 1.8%
Arch Capital Group Ltd. *		196		5,606
Interactive Media & Services - 9.4%
Alphabet, Inc., Class C *		14		20,291
Facebook, Inc., Class A *		43		9,798
				30,089
Internet & Direct Marketing Retail - 4.2%
Booking Holdings, Inc. *		8		13,210
Machinery - 0.4%
Otis Worldwide Corp.		23		1,295
Media - 5.3%
Comcast Corp., Class A		321		12,525
ViacomCBS, Inc.		180		4,189
				16,714
Oil, Gas & Consumable Fuels - 1.2%
EOG Resources, Inc.		75		3,816
Pharmaceuticals - 3.0%
Sanofi (1)(2)		94		9,579
Semiconductors & Semiconductor Equipment - 2.4%
NXP Semiconductors NV (1)		67		7,584
Software - 1.7%
Oracle Corp.		100		5,539
Specialty Retail - 2.6%
AutoNation, Inc. *		222		8,329
Technology Hardware, Storage & Peripherals - 5.9%
Apple, Inc.		26		9,416
Samsung Electronics Co. Ltd. (Preference) (1)(2)		238		9,313
				18,729
Tobacco - 7.5%
Altria Group, Inc.		224		8,787
Philip Morris International, Inc.		124		8,717
Swedish Match AB (1)(2)		92		6,426
				23,930
Trading Companies & Distributors - 2.9%
Air Lease Corp.		311		9,114
Total common stocks (Cost $243,093)				297,492
Total investments - 93.4% (Cost $243,093)				297,492
Other assets less liabilities - 6.6%				21,055
Total net assets - 100.0% (3)			$	318,547

Artisan Value Fund

Schedule of Investments (continued)

June 30, 2020 (Unaudited)

Shares and dollar values in thousands

* Non-income producing security.

⁽¹⁾ The Fund considers the company to be from outside the United States. See the Fund’s Statement of Additional Information for a description of the methodology used for country classifications.

Security	Country	Trading Currency
Airbus SE	France	Euro
Cie Generale des Etablissements Michelin SCA	France	Euro
Compass Group plc	United Kingdom	British pound
Fresenius Medical Care AG & Co. KGaA	Germany	Euro
NXP Semiconductors NV	Netherlands	U.S. dollar
Samsung Electronics Co. Ltd. (Preference)	South Korea	Korean won
Sanofi	France	Euro
Swedish Match AB	Sweden	Swedish krona

⁽²⁾ Valued at a fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. In total, securities valued at a fair value were $55,584, or 17.4% of total net assets. See notes (A) and (B) in the accompanying notes.

⁽³⁾ Percentages for the various classifications relate to total net assets.

Company names are as reported by a data service provider and in some cases are translations; a company’s legal name may be different.

Abbreviation

Preference A special type of equity investment that shares in the earnings of the company and may have a dividend preference. Preference shares may also have liquidation preference.

PORTFOLIO DIVERSIFICATION

Dollar values in thousands

	Value		Percentage of Total  Investments
Communication Services	$	51,699		17.4	%
Consumer Discretionary		42,187		14.2
Consumer Staples		23,930		8.0
Energy		3,816		1.3
Financials		55,125		18.5
Health Care		30,973		10.4
Industrials		36,780		12.4
Information Technology		42,877		14.4
Materials		10,105		3.4
Total investments	$	297,492		100.0	%

TRADING CURRENCIES

Dollar values in thousands

	Value		Percentage of Total  Investments
British pound	$	7,818		2.6	%
Euro		32,027		10.8
Korean won		9,313		3.1
Swedish krona		6,426		2.2
U.S. dollar		241,908		81.3
Total investments	$	297,492		100.0	%

See notes to N-PORT Part F.

ARTISAN PARTNERS FUNDS

Notes to N-PORT Part F – June 30, 2020 (Unaudited)

As of June 30, 2020, Artisan Partners Funds, Inc. (“Artisan Partners Funds”) is a series company comprised of sixteen series and follows specialized accounting and reporting under FASB Accounting Standards Codification Topic 946, Financial Services – Investment Companies.

(A) Valuation:

The net asset value (“NAV”) of the shares of each class of each Fund was determined as of the close of regular session trading on the New York Stock Exchange (“NYSE”) (usually 4:00 p.m., Eastern Time) each day the NYSE was open for regular session trading. For financial reporting purposes, information available subsequent to the close of NYSE trading and up to the date of the financial statements was considered in determining a fair value for investments held in each Fund and the resulting NAV presented.

In determining each Fund’s NAV for financial reporting purposes, each equity security and exchange traded fund (“ETF”) traded on a securities exchange, including the Nasdaq Stock Market, or over-the-counter was valued at the closing price on the exchange or market designated by the Funds’ accounting agent or pricing vendor as the principal exchange (each, a “principal exchange”). The closing price provided by the pricing vendor for an exchange may differ from the price quoted elsewhere and may represent information such as last sales price, an official closing price, a closing auction price or other information, depending on exchange or market convention. Absent closing price information for an equity security from the principal exchange, the security was valued using (i) the closing price on another exchange on which the security traded (if such price was made available by a pricing vendor) or (ii) the most recent bid quotation on the principal exchange or, if such bid was not available, from a secondary exchange or in the over-the-counter market. Equity-linked securities, such as participation certificates, participation notes or access notes, are valued by referencing the underlying security if market quotations are not readily available. Exchange traded option contracts were valued at the mid price (average of the bid price and ask price) as provided by the pricing vendor at the close of trading on the contract’s principal exchange. Exchange traded futures contracts were valued at the settlement price as provided by the pricing vendor at the close of trading on the principal exchange. Shares of open-end investment companies were valued at the latest net asset value reported by the investment company.

Fixed income securities were valued at market value. Market values were generally evaluations based on the judgment of the Funds’ pricing vendors, which may consider, among other factors, the prices at which securities actually trade, broker-dealer quotations, pricing formulas, estimates of market values obtained from yield data relating to investments or securities with similar characteristics and/or discounted cash flow models that might be applicable.

Securities or other assets for which market quotations were not readily available were valued by the Funds’ valuation committee at a fair value determined in good faith under procedures established by and under the general supervision of the board of directors of the Funds. A market quotation was considered to be not readily available,

    2 Artisan Partners Funds

NOTES TO N-PORT PART F (UNAUDITED) - (continued)

and a Fund therefore used fair value pricing, if, among other things, there were no quotations, pricing data was not provided by an approved pricing vendor, the valuation committee believed that the quotation, price or market value resulting from the Funds’ valuation procedures did not reflect a fair value of the security or asset, or the value of the security or asset might have been materially affected by events occurring after the close of the market in which the security or asset was principally traded but before the time for determination of NAV (a “subsequent event”). A subsequent event could include a company-specific development, a development that might affect an entire market or region, a potentially global development or a significant change in values of market indices, ETFs or other financial instruments in the U.S. or other markets. The Funds monitored for subsequent events using several tools. In fair valuing non-U.S. equity securities and equity-linked securities, the Funds have used adjustment factors provided by a third party valuation service when there were subsequent events or expected or unexpected market closures. The third party valuation service utilized statistical data based on historical performance of securities, markets and other data in developing factors used to estimate a fair value.

When fair value pricing is employed, the value of a security or asset used by a Fund to calculate its NAV could differ from quoted or published prices for the same security or asset. Estimates of fair values utilized by the Funds as described above could differ from the value realized on the sale of those securities or assets in the future and the differences could be material to the NAV of the applicable Fund.

Securities and other assets and liabilities denominated in a foreign currency were translated into U.S. dollars using spot market rate of exchange as of the time of determination of each Fund’s NAV on the day of valuation

(B) Fair value measurements:

Under US GAAP for fair value measurement, accounting standards clarify the definition of fair value for financial reporting, establish a framework for measuring fair value and require additional disclosures about the use of fair value measurements. In accordance with this standard, fair value is defined as the price that each Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. The standard establishes a three-tier hierarchy to distinguish between (1) inputs that reflect the assumptions market participants would use in

Artisan Partners Funds 3    

NOTES TO N-PORT PART F (UNAUDITED) - (continued)

pricing an asset or liability developed based on the market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs) and to establish classification of fair value measurements for disclosure purposes. Various inputs are used in determining the value of the Funds’ investments. The three-tier hierarchy of inputs is summarized in three broad levels:

• Level 1 – unadjusted quoted prices in active markets for identical investments

• Level 2 – other significant observable inputs (including but not limited to quoted prices for similar securities, interest rates, credit risks and securities trading primarily outside the U.S. where the applicable trading market was closed or factors were applied to prices as a result of significant market movements following the close of local trading)

• Level 3 – significant unobservable inputs (including the Funds’ own assumptions in determining a fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk or liquidity associated with investing in those securities. A description of the valuation techniques for the Funds’ major classes of assets are found in Note (A). A description of the fair value leveling techniques is described below:

Equity securities, ETFs, investment companies, exchange traded options contracts and exchange traded futures contracts are generally categorized as Level 1. Bank loans, corporate bonds, equity-linked securities, foreign currency forward contracts, foreign equity securities in which the closing price or bid quotation are adjusted for significant events, or local market holidays or other unscheduled market closures, are generally categorized as Level 2. Securities fair valued in good faith by the valuation committee are generally categorized as Level 2 or 3, depending on the observability of the inputs utilized.

The following table summarizes each Fund’s investments by major security type, based on the inputs used to determine their fair values as of June 30, 2020 (in thousands):

Fund	Level 1 - Unadjusted Quoted Prices			Level 2 - Other Significant Observable Inputs			Level 3 - Significant Unobservable Inputs		Total
Developing World
Common Stocks (1)
Developed Markets	$	1,579,478		$	576,342		$	—	$	2,155,820
Emerging Asia		1,108,984			1,254,099			—		2,363,083
Europe, Middle East & Africa		109,489			—			—		109,489
Latin America		456,766			—			—		456,766
Investment Companies		6,780			—			—		6,780
Total Investments	$	3,261,497		$	1,830,441		$	—	$	5,091,938
Focus
Common Stocks (1)	$	1,050,117		$	112,431		$	—	$	1,162,548
Options Purchased		57,091			—			—		57,091
Investment Companies		37,070			—			—		37,070
Total Investments		1,144,278			112,431			—		1,256,709
Foreign Currency Forward Contracts(2)		—			(3,029	)		—		(3,029	)
Written Option Contracts		(673	)		—			—		(673	)
Total	$	1,143,605		$	109,402		$	—	$	1,253,007
Global Discovery
Common Stocks (1)
Americas	$	103,783		$	—		$	—	$	103,783
Emerging Markets		4,718			2,453			—		7,171
Europe		7,331			39,589			—		46,920
Pacific Basin		—			9,573			—		9,573
Investment Companies		7,593			—			—		7,593
Total Investments	$	123,425		$	51,615		$	—	$	175,040
Global Equity
Common Stocks (1)
Americas	$	122,743		$	—		$	—	$	122,743
Emerging Markets		2,124			13,222			—		15,346
Europe		8,915			64,128			—		73,043
Pacific Basin		—			14,813			—		14,813
Rights(1)
Americas		4			—			—		4
Investment Companies		3,692			—			—		3,692
Total Investments	$	137,478		$	92,163		$	—	$	229,641
Global Opportunities
Common Stocks (1)
Americas	$	2,151,632		$	—		$	—	$	2,151,632
Emerging Markets		110,382			64,684			—		175,066
Europe		—			1,247,442			—		1,247,442
Pacific Basin		—			338,169			—		338,169
Investment Companies		171,845			—			—		171,845
Total Investments	$	2,433,859		$	1,650,295		$	—	$	4,084,154

    4 Artisan Partners Funds

NOTES TO N-PORT PART F (UNAUDITED) - (continued)

Global Value
Common Stocks (1)
Americas	$	1,146,230		$	—		$	—		$	1,146,230
Emerging Markets		99,949			101,436			—			201,385
Europe		72,259			587,247			—			659,506
Investment Companies		28,359			—			—			28,359
Total Investments		1,346,797			688,683			—			2,035,480
Foreign Currency Forward Contracts (2)		—			(170	)		—			(170	)
Total	$	1,346,797		$	688,513		$	—		$	2,035,310
High Income
Corporate Bonds (1)	$	—		$	3,069,583		$	—		$	3,069,583
Loan Participations (1)		—			1,093,844			—			1,093,844
Convertible Bonds (1)		—			5,774			—			5,774
Preferred Stock (1)		—			129			—	(3)		129
Common Stock (1)		—			20			—			20
Investment Companies		263,388			—			—			263,388
Total Investments		263,388			4,169,350			—	(3)		4,432,738
Futures (2)		(781	)		—			—			(781	)
Total	$	262,607		$	4,169,350		$	—	(3)	$	4,431,957
International
Common Stocks and Equity-Linked Security (1)
Americas	$	1,620,205		$	—		$	—		$	1,620,205
Emerging Markets		178,029			669,308			—			847,337
Europe		221,540			5,324,775			—			5,546,315
Middle East		150,498			—			—			150,498
Pacific Basin		—			740,706			—			740,706
Investment Companies		277,234			—			—			277,234
Total Investments	$	2,447,506		$	6,734,789		$	—		$	9,182,295
International Small-Mid
Common Stocks (1)
Americas	$	443,962		$	796		$	—		$	444,758
Emerging Markets		98,654.00			18,673			—			117,327
Europe		15,197			1,208,187			—			1,223,384
Middle East		156,792			26,167.00			—			182,959
Pacific Basin		—			411,845			—			411,845
Investment Companies		147,131			—			—			147,131
Total Investments	$	861,736		$	1,665,668		$	—		$	2,527,404
International Value
Common Stocks (1)
Americas	$	1,429,051		$	—		$	—		$	1,429,051
Emerging Markets		1,266,074			1,942,927			—			3,209,001
Europe		310,589			7,049,982			—			7,360,571
Pacific Basin		—			273,543.00			—			273,543
Investment Companies		646,506			—			—			646,506
Total Investments		3,652,220			9,266,452			—			12,918,672
Foreign Currency Forward Contracts (2)		—			(1,247	)		—			(1,247	)
Total	$	3,652,220		$	9,265,205		$	—		$	12,917,425
Mid Cap
Common Stocks (1)	$	5,489,782		$	385,452		$	—		$	5,875,234
Investment Companies		189,086			—			—			189,086
Total Investments	$	5,678,868		$	385,452		$	—		$	6,064,320
Mid Cap Value
Common Stocks (1)	$	1,630,682		$	—		$	—		$	1,630,682
Investment Companies		73,268			—			—			73,268
Total Investments	$	1,703,950		$	—		$	—		$	1,703,950
Select Equity
Common Stocks (1)	$	10,087		$	1,593		$	—		$	11,680
Investment Companies		649			—			—			649
Total Investments	$	10,736		$	1,593		$	—		$	12,329
Small Cap
Common Stocks (1)	$	2,529,335		$	—		$	—		$	2,529,335
Investment Companies		74,418			—			—			74,418
Total Investments	$	2,603,753		$	—		$	—		$	2,603,753
Sustainable Emerging Markets
Common Stocks (1)
Developed Markets	$	—		$	2,459		$	—		$	2,459
Emerging Asia		6,955			24,727			—	(3)		31,682
Europe, Middle East & Africa		455			6,288			—			6,743
Latin America		6,756			—			—			6,756
Investment Companies		1,701			—			—			1,701
Total Investments	$	15,867		$	33,474		$	—	(3)	$	49,341
Value
Common Stocks (1)	$	241,908		$	55,584		$	—		$	297,492
Total Investments	$	241,908		$	55,584		$	—		$	297,492

⁽¹⁾   See the Fund’s Schedule of Investments for industry or country classifications.

⁽²⁾ Foreign currency forward contracts are valued at unrealized appreciation (depreciation).

⁽³⁾  Valued at $0.

Artisan Partners Funds 5    

NOTES TO N-PORT PART F (UNAUDITED) – (continued)

Information about Level 3 fair value measurements (dollar values in thousands):

Assets	Fair Value at June 30, 2020			Unobservable Input(s)	Impact to Fair Value  from an Increase in Input
High Income Fund
Preferred Stock	$	—	(1)	100% discount for lack of marketability		N/A
Sustainable Emerging Markets Fund
Common Stock	$	—	(1)	Last quote in inactive market less 100% discount		N/A

⁽¹⁾   Includes one or more securities valued at $0.

As of June 30, 2020, the reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining fair value is as follows (in thousands):

	High Income Fund			Sustainable Emerging Markets Fund
Balance as of September 30, 2019	$	322	(1)	$	—	(1)
Transfers into Level 3		—			—
Net change in unrealized appreciation (depreciation)		6,224			—
Purchases		—			—
Sales		—			—
Realized Gain/Loss		(6,546	)		—
Transfers out of Level 3		—			—
Balance as of June 30, 2020	$	—	(1)	$	—	(1)
Net change in unrealized appreciation (depreciation) for investments held as of June 30, 2020	$	6,546		$	—

⁽¹⁾   Includes one or more securities valued at $0.

(C) Transactions in securities of affiliates:

The table below shows information about securities of Fund “affiliates” (as defined below) that were held by a Fund, purchased or sold by a Fund, or from which dividends were received by a Fund during the period ended June 30, 2020 (shares and dollar values in thousands). Each Fund identifies a company as an affiliate for the purpose of this report if the Fund owned voting securities that it believed represented 5% or more of that company’s outstanding voting securities (as defined by the 1940 Act) during the period ended June 30, 2020. Transactions in securities of affiliates:

		As of 9/30/19															As of 6/30/20
Fund	Security	Share Balance		Value		Purchases Cost		Sales Proceeds			Net Realized Gain/(Loss)		Net Increase (Decrease) in Unrealized Appreciation or Depreciation		Dividend Income@		Share Balance		Value
Artisan International Small-Mid Fund
	Hennge KK*(1)†		—	$	—	$	19,352	$	(8,465	)	$	3,148	$	13,940	$	—		623	$	27,975
	Total#		—	$	—	$	19,352	$	(8,465	)	$	3,148	$	13,940	$	—		—	$	—

@ Net of foreign taxes withheld, if any.

† Issuer was not an affiliate as of September 30, 2019 or June 30, 2020.

* Non-income producing security.

# Total value as of June 30, 2020 is presented only for those issuers that were affiliates as of June 30, 2020.

⁽¹⁾  Valued at fair value in accordance with procedures established by the board of directors of Artisan Partners Funds. See notes (A) and (B).

Artisan Partners Funds 57