Brown Advisory Mid-Cap Growth Strategy Sold Figma (FIG) on Strength

Brown Advisory, an concern absorption company, released its “Brown Advisory Mid-Cap Growth Strategy” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The strategy underperformed its benchmark, the Russell Midcap® Growth Index, successful the 3rd 4th of 2025, which accrued astir 3%.  In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Brown Advisory Mid-Cap Growth Strategy highlighted stocks specified arsenic Figma, Inc. (NYSE:FIG). Figma, Inc. (NYSE:FIG) is simply a starring exertion institution that develops a browser-based instrumentality for designing idiosyncratic interfaces. The one-month instrumentality of Figma, Inc. (NYSE:FIG) was 11.59%, and its shares mislaid 35.87% of their worth implicit the past 3 months. On December 17, 2025, Figma, Inc. (NYSE:FIG) banal closed astatine $37.36 per share, with a marketplace capitalization of $18.56 billion.

Brown Advisory Mid-Cap Growth Strategy stated the pursuing regarding Figma, Inc. (NYSE:FIG) successful its 3rd 4th 2025 capitalist letter:

"Figma, Inc. (NYSE:FIG), a recently nationalist institution and 1 of the leaders successful idiosyncratic acquisition plan software, has built a ample and engaged idiosyncratic community. The company’s enlargement into tailored SKUs for antithetic idiosyncratic types has driven strong, sustained growth. Shares roseate much than 150% supra the IPO price—well beyond our estimation of intrinsic value—and we exited the position."

Source: Pixabay

Figma, Inc. (NYSE:FIG) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 38 hedge money portfolios held Figma, Inc. (NYSE:FIG) astatine the extremity of the 3rd quarter, which was 0 successful the erstwhile quarter. Figma, Inc. (NYSE:FIG) delivered revenue of $274 cardinal successful Q3 2025, marking a 38% summation from Q3 2024. While we admit the imaginable of Figma, Inc. (NYSE:FIG) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

In another article, we covered Figma, Inc. (NYSE:FIG) and shared Baron Fifth Avenue Growth Fund's views connected the company. In addition, delight cheque retired our hedge money capitalist letters Q3 2025 page for much capitalist letters from hedge funds and different starring investors.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.