Brown Advisory Mid-Cap Growth Strategy Exited Its Stake in BETA Technologies (BETA)

Core Insights - Brown Advisory Mid-Cap Growth Strategy underperformed the Russell Midcap® Growth Index in Q4 2025 primarily due to stock selection, particularly the absence of Palantir Technologies Inc (PLTR) in its portfolio [1] Company Overview - BETA Technologies, Inc. (NYSE:BETA) is an aerospace company focused on designing and manufacturing electric aircraft and advanced electric propulsion systems [2][3] - As of March 23, 2026, BETA Technologies, Inc. had a stock price of $15.39 per share, with a one-month return of -18.09% and a year-to-date loss of 45.44% [2] - The market capitalization of BETA Technologies, Inc. is $3.67 billion [2] Investment Strategy - The Brown Advisory Mid-Cap Growth Strategy aims for solid risk-adjusted returns by investing in high-quality companies with fair valuations and market capitalizations between $2 billion and $50 billion at the time of purchase [1] - The firm participated in BETA Technologies, Inc.'s IPO but exited its small position during the quarter [3] Hedge Fund Interest - BETA Technologies, Inc. was held by 27 hedge fund portfolios at the end of Q4 2025, but it is not among the 40 most popular stocks among hedge funds heading into 2026 [4] - The firm believes that certain AI stocks present greater upside potential and lower downside risk compared to BETA Technologies, Inc. [4]