Brown Advisors Mid-Cap Growth Strategy Added Parsons (PSN) to Its Portfolio in Q3

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A copy of the letter can be downloaded here. The strategy underperformed its benchmark, the Russell Midcap® Growth Index, in the third quarter of 2025, which increased approximately 3%.  In addition, please check the fund’s top five holdings to know its best picks in 2025.In its third-quarter 2025 investor letter, Brown Advisory Mid-Cap Growth Strategy highlighted stocks such as Parsons Corporation (NYSE:PSN). Parsons Corporation (NYSE:PSN) is an integrated solutions and services provider in the defense, intelligence, and critical infrastructure markets. The one-month return for Parsons Corporation (NYSE:PSN) was -25.87%, and its shares lost 36.72% of their value over the last 52 weeks. On December 18, 2025, Parsons Corporation (NYSE:PSN) stock closed at $60.55 per share, with a market capitalization of $6.466 billion.Brown Advisory Mid-Cap Growth Strategy stated the following regarding Parsons Corporation (NYSE:PSN) in its third quarter 2025 investor letter:"Parsons Corporation (NYSE:PSN) is a leading provider of technology and engineering solutions to the U.S. federal government (55% of revenue) and critical infrastructure markets. The company has outpaced peers in both segments, and we believe it is well-positioned to capture growth in priority spend areas such as the Federal Aviation Administration (FAA), missile defense, cybersecurity, and transportation. We expect mid-teens EBITDA growth, driven by high single-digit organic revenue, contributions from M&A, and modest annual margin expansion. A major FAA or Golden Dome contract win could provide meaningful upside to earnings in the coming years."Is Parsons Corporation (PSN) The Best 52-Week Low Stock To Buy Now According to Short Sellers?Parsons Corporation (NYSE:PSN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 31 hedge fund portfolios held Parsons Corporation (NYSE:PSN) at the end of the third quarter, compared to 40 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.In another article, we covered Parsons Corporation (NYSE:PSN) and shared the list of worst performing stocks in the first week of December, including the reasons for their performance. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,834.50 +59.74 (+0.88%)Dow 3048,134.89 +183.04 (+0.38%)Nasdaq23,307.62 +301.26 (+1.31%)Russell 20002,529.42 +21.56 (+0.86%)VIX14.91 -1.96 (-11.62%)Gold4,387.30 +22.80 (+0.52%)Trending tickersBTC-USD Bitcoin USD 88,217.84 +290.01 (+0.33%)XRP-USD XRP USD 1.94 +0.06 (+3.21%)ETH-USD Ethereum USD 2,988.12 +32.11 (+1.09%)^GSPC S&P 500 6,834.50 +59.74 (+0.88%)LAZR Luminar Technologies, Inc. 0.6044 +0.3844 (+174.73%)PortfolioSign in to access your portfolioSign inTop gainersDJTWW Trump Media & Technology Group Corp. 9.94 +2.32 (+30.44%)FOLD Amicus Therapeutics, Inc. 14.18 +3.29 (+30.21%)FLY Firefly Aerospace Inc. 24.65 +4.58 (+22.82%)CRWV CoreWeave, Inc. 83.00 +15.32 (+22.64%)EWTX Edgewise Therapeutics, Inc. 25.55 +4.40 (+20.80%)Top losersLW Lamb Weston Holdings, Inc. 43.94 -15.39 (-25.94%)IRON Disc Medicine, Inc. 80.04 -10.40 (-11.50%)NKE NIKE, Inc. 58.71 -6.92 (-10.54%)OLMA Olema Pharmaceuticals, Inc. 27.93 -2.88 (-9.35%)KBH KB Home 57.39 -5.36 (-8.54%)Most activeBBAI BigBear.ai Holdings, Inc. 6.26 +0.63 (+11.19%)NVDA NVIDIA Corporation 180.99 +6.85 (+3.93%)FOLD Amicus Therapeutics, Inc. 14.18 +3.29 (+30.21%)HL Hecla Mining Company 19.67 +0.64 (+3.36%)WBD Warner Bros. 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