Voya Investment Management released its Q3 2025 investor letter for the Voya MI Dynamic Small Cap Fund, an actively managed US Small Cap core equity strategy. Despite a strong market recovery, the fund underperformed the index due to negative stock selection impact, with growth outperforming value in the quarter.

Bloom Energy Corporation (NYSE: BE) was highlighted in the fund’s investor letter, with a one-month return of -14.40% and shares gaining 348.38% over the last 52 weeks. On December 05, 2025, Bloom Energy stock closed at $119.18 per share, with a market cap of $28.19 billion.

Voya MI Dynamic Small Cap Fund noted that not owning Bloom Energy had a negative impact on relative performance due to the stock’s quality, earnings yield, and strong data center demand. Bloom Energy benefited from strong earnings and a factory expansion, leading to its strong performance in the quarter.

Bloom Energy Corporation (NYSE: BE) is held by 64 hedge fund portfolios, up from 43 in the previous quarter. In Q3 2025, the company reported revenue of $519 million, a 57% increase year-over-year. While Bloom Energy shows potential, some AI stocks may offer greater upside and less downside risk.

Read more at Yahoo Finance: Not Owing Bloom Energy Corp. (BE) Impacted Voya MI Dynamic Small Cap Fund’s Performance in Q3