Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Strategy lagged the Russell Midcap® Growth Index in the fourth quarter due to stock selection. The performance was in line with expectations for the full year. The firm believes that the Strategy underperformed in 2025 because it did not own Palantir Technologies Inc (PLTR). The Strategy focuses on achieving solid risk-adjusted returns by investing in high-quality compounders with fair valuations and market capitalizations between $2 billion and $50 billion at the time of purchase. Please review the Strategy’s top five holdings to gain insights into their key selections for 2025.

In its fourth-quarter 2025 investor letter, Brown Advisory Mid-Cap Growth Strategy highlighted Samsara Inc. (NYSE:IOT) as one of its new additions to the portfolio. Headquartered in San Francisco, California, Samsara Inc. (NYSE:IOT) provides Internet of Things solutions through its connected operations platform, enabling businesses to connect and manage data. On March 23, 2026, Samsara Inc. (NYSE:IOT) stock closed at $33.20 per share. One-month return of Samsara Inc. (NYSE:IOT) was 27.35%, and its shares lost 22.08% over the past 52 weeks. Samsara Inc. (NYSE:IOT) has a market capitalization of $18.94 billion.

Brown Advisory Mid-Cap Growth Strategy stated the following regarding Samsara Inc. (NYSE:IOT) in its fourth quarter 2025 investor letter:

"Telematics provider Samsara Inc. (NYSE:IOT) is one of the technology leaders in a large, fragmented, and growing market that remains in the early stages of digital adoption. As the most sophisticated and modern platform serving physical operations—an area historically underserved by software—we believe the company is well positioned to evolve into a multi-product growth story and to grow durably faster than market expectations."

Samsara Inc. (NYSE:IOT) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 48 hedge fund portfolios held Samsara Inc. (NYSE:IOT) at the end of the fourth quarter, up from 42 in the previous quarter. For the financial year 2026, Samsara Inc. (NYSE:IOT) generated revenue of $1.6 billion, an increase of 30% year-over-year or 29% in constant currency. While we acknowledge the potential of Samsara Inc. (NYSE:IOT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Samsara Inc. (NYSE:IOT) and shared a list of best growth stocks to buy. In addition, please check out our hedge fund investor letters Q4 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.