Here’s What Hit HubSpot (HUBS) in Q3

Core Insights - TimesSquare Capital Management's "U.S. Focus Growth Strategy" reported a gross return of 4.00% and a net return of 3.78% in Q3 2025, outperforming the Russell Midcap Growth Index's return of 2.78% [1] - The strategy highlighted HubSpot, Inc. (NYSE:HUBS) as a key investment, despite its shares losing 49.67% over the last 52 weeks [2][4] Performance Overview - All major asset classes posted positive returns in Q3 2025, except for fixed income assets outside the US [1] - HubSpot, Inc. achieved a revenue growth of 18.4% year-over-year in constant currency, reaching $810 million [4] Company Analysis - HubSpot, Inc. is recognized for its cloud-based customer relationship management platform, with growth driven by AI adoption and increased multi-hub deals [3] - Despite strong second-quarter results, management's conservative forward guidance led to a -16% decline in shares [3] Market Position - HubSpot, Inc. was held by 63 hedge fund portfolios at the end of Q3 2025, an increase from 56 in the previous quarter [4] - The company is not listed among the 30 Most Popular Stocks Among Hedge Funds, indicating a potential undervaluation compared to other AI stocks [4]