Williams Companies, INC.

• AP Artisan Partners Artisan International Fund Quarterly Commentary ↗ Artisan International Fund exited CATL, Samsung Electronics and Fujikura after reassessing valuation, memory-cycle and AI-capex risks. It added Standard Chartered, Williams and Enbridge, while maintaining conviction in electrification, financials, and aerospace and defense, with grid investment and bank margin expansion central to the thesis. Q3 2026 CYATY $1.6TENB $106BFJIKY $9.2T +9

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