Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Strategy lagged the Russell Midcap® Growth Index in the fourth quarter due to stock selection. The performance was in line with expectations for the full year. The firm believes that the Strategy underperformed in 2025 because it did not own Palantir Technologies Inc (PLTR). The Strategy focuses on achieving solid risk-adjusted returns by investing in high-quality compounders with fair valuations and market capitalizations between $2 billion and $50 billion at the time of purchase. Please review the Strategy’s top five holdings to gain insights into their key selections for 2025.
In its fourth-quarter 2025 investor letter, Brown Advisory Mid-Cap Growth Strategy mentioned Parsons Corporation (NYSE:PSN). Parsons Corporation (NYSE:PSN) is a technology-driven engineering company that focuses on the defense, intelligence, and infrastructure markets. On March 23, 2026, Parsons Corporation (NYSE:PSN) stock closed at $51.43 per share. One-month return of Parsons Corporation (NYSE:PSN) was -20.50%, and its shares lost 16.46% over the past 52 weeks. Parsons Corporation (NYSE:PSN) has a market capitalization of $5.5 billion.
Brown Advisory Mid-Cap Growth Strategy stated the following regarding Parsons Corporation (NYSE:PSN) in its fourth quarter 2025 investor letter:
“While we were content with full-year results, several small detractors held fourth-quarter performance back by about 1%-2% in total for company-specific reasons that we generally view as temporary. Parsons Corporation (NYSE:PSN) did not win a new FAA contract. While that was disappointing, we still expect the company to hit management’s goals of mid-single-digit percentage growth or better. We also suspect the company will end up with pieces of the new Federal Aviation Administration (FAA) contract.”
Parsons Corporation (NYSE:PSN) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 30 hedge fund portfolios held Parsons Corporation (NYSE:PSN) at the end of the fourth quarter, compared to 31 in the previous quarter. While we acknowledge the potential of Parsons Corporation (NYSE:PSN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Leave a Reply