Brown Advisory released its third-quarter 2025 investor letter for its Large-Cap Growth Strategy, reporting a -0.88% return, underperforming the benchmark. The portfolio has significant exposure to AI but was underweight in momentum-driven trades. Alphabet Inc. (NASDAQ:GOOG) was highlighted in the letter, with a one-month return of 10.75% and a market cap of $3.81 trillion. The company saw strong results in Search, YouTube, and Cloud, with favorable outcomes in an antitrust case. Alphabet Inc. (NASDAQ:GOOG) achieved its first-ever $100 billion in revenue. The stock is 7th among the 30 most popular stocks among hedge funds in 2024.

Read more at Yahoo Finance: Better-Than-Expected Trends Lifted Alphabet (GOOG) in Q3