Carillon Tower Advisers released its third-quarter 2025 investor letter, highlighting the positive gains in mid-cap stocks and the underperformance of the Russell Midcap Growth Index compared to the Russell Midcap® Value Index. The letter also shared detailed views on various sectors and the fund’s top 5 holdings for 2025. MongoDB, Inc. (NASDAQ:MDB) was featured in the letter as a provider of general-purpose database platforms, with a one-month return of -1.73% and a market capitalization of $27.017 billion. MongoDB, Inc. (NASDAQ:MDB) reported revenue of $591 million in the second quarter of fiscal 2026, showing a 24% year-over-year increase.

Investors turned sour on CoreWeave (CRWV) as it nosedived 23.8% following the $9-billion merger with Core Scientific. While Carillon Eagle Mid Cap Growth Fund highlighted MongoDB, Inc. (NASDAQ:MDB) in its investor letter, the stock was not among the 30 most popular stocks among hedge funds. MongoDB, Inc. (NASDAQ:MDB) reported strong earnings results and a positive outlook, driven by large U.S.-based enterprises choosing to build and expand applications on MongoDB’s database platform. For more information on MongoDB, Inc. (NASDAQ:MDB) and other investor letters, visit Insider Monkey’s website.

Read more at Yahoo Finance: Strong Results Lifted MongoDB (MDB) in Q3