Noncontrolling Interests - Holdings (Tables)

9 Months Ended

Sep. 30, 2026

For the nine months ended September 30, 2026, APAM’s equity ownership interest in Holdings increased as a result of the following transactions:


	Holdings GP Units	Limited Partnership Units	Total	APAM Ownership %
Balance at December 31, 2025	70,472,750	10,215,519	80,688,269	87	%

Holdings Common Unit Exchanges (1)	194,114	(194,114)	—	—	%
Issuance of APAM Restricted Shares	465,719	—	465,719	1	%
Class B Unit Awards (1)	—	33,231	33,231	—	%
Delivery of Shares Underlying RSUs and PSUs (1)	752	—	752	—	%
Restricted Share Award Net Share Settlement (1)	(101,999)	—	(101,999)	—	%
Forfeitures Related to Employee Terminations (1)	(12,230)	—	(12,230)	—	%
Balance at September 30, 2026	71,019,106	10,054,636	81,073,742	88	%
(1) The impact of the transaction on APAM’s ownership percentage was less than 1%.

The reallocation of equity had the following impact on the unaudited condensed consolidated statements of financial condition:


Statements of Financial Condition	For the Nine Months Ended September 30,
	2026		2025
Additional paid-in capital	$	(916)	$	(848)
Noncontrolling interests - Artisan Partners Holdings	911		852
Accumulated other comprehensive income (loss)	5		(4)
Net impact to financial condition	$	—	$	—