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

Group 1 - Brown Advisory Mid-Cap Growth Strategy underperformed its benchmark, the Russell Midcap® Growth Index, which increased approximately 3% in Q3 2025 [1] - The investor letter highlighted Parsons Corporation (NYSE:PSN) as a key stock, which experienced a one-month return of -25.87% and a 52-week loss of 36.72% [2] - Parsons Corporation derives 55% of its revenue from the U.S. federal government and is positioned for growth in areas such as FAA, missile defense, cybersecurity, and transportation, with expected mid-teens EBITDA growth [3] Group 2 - Parsons Corporation was held by 31 hedge fund portfolios at the end of Q3 2025, down from 40 in the previous quarter, indicating a decrease in popularity among hedge funds [4] - The company is not considered among the 30 most popular stocks among hedge funds, with some analysts suggesting that certain AI stocks may offer greater upside potential [4] - Parsons Corporation was mentioned in a list of worst-performing stocks in early December, reflecting ongoing challenges in its stock performance [5]