Brown Advisory released its third-quarter 2025 investor letter for its Large-Cap Growth Strategy, reporting a -0.88% return underperforming the Russell 1000 Growth Index. The portfolio’s significant exposure to AI was hindered by an underweight in speculative momentum-driven trades, impacting performance. Check the fund’s top five holdings for insights into its 2025 picks.

The Trade Desk, Inc. (NASDAQ:TTD), highlighted in Brown Advisory’s letter, is a technology company offering a cloud-based ad-buying platform. With a one-month return of -16.25% and a 71.36% loss in value over 52 weeks, TTD stock closed at $39.95 per share on December 2, 2025, with a market cap of $19.533 billion.

Brown Advisory’s investor letter discussed The Trade Desk, Inc. (NASDAQ:TTD), noting the company’s strong position in global advertising despite slower-than-expected adoption of its new AI-powered platform, Kokai. Transitioning customers to Kokai has led to improved ROI and increased ad spend, positioning TTD for long-term growth in digital advertising.

Despite not being among the 30 most popular stocks among hedge funds, The Trade Desk, Inc. (NASDAQ:TTD) reported $739 million in revenue for Q3 2025, marking an 18% year-over-year growth. While acknowledging TTD’s potential, some AI stocks may offer greater upside with lower downside risk. Explore opportunities in undervalued AI stocks poised to benefit from current economic trends.

Read more at Yahoo Finance: The Trade Desk (TTD) Slid on Investors’ Concerns