Here’s Why BBH Select Series – Mid Cap Fund Decided to Sell Globant S.A. (GLOB) in Q3

16 hours ago 3

Soumya Eswaran

Wed, December 10, 2025 astatine 7:56 AM CST 4 min read

Brown Brothers Harriman, an concern absorption company, released its Q3 2025 capitalist missive for the BBH Select Series - Mid Cap Fund. A transcript of the aforesaid tin beryllium downloaded here. In the quarter, the money decreased by -0.9% connected a full instrumentality ground compared to the Russell Midcap Index’s 5.3% return. The Fund has decreased by a full instrumentality of -1.8%, YTD, compared to 10.4% for the Index. The 3rd 4th experienced a boost successful the low-quality rally that started precocious past twelvemonth and gained momentum passim 2025. For much accusation connected the fund’s champion picks successful 2025, delight cheque its apical 5 holdings.

In its third-quarter 2025 capitalist letter, BBH Select Series - Mid Cap Fund highlighted stocks specified arsenic Globant S.A. (NYSE:GLOB). Globant S.A. (NYSE:GLOB) is simply a Luxembourg-based exertion services company. The one-month instrumentality of Globant S.A. (NYSE:GLOB) was 11.28%, and its shares mislaid 68.83% of their worth implicit the past 52 weeks. On December 09, 2025, Globant S.A. (NYSE:GLOB) banal closed astatine $68.74 per share, with a marketplace capitalization of $3.028 billion.

BBH Select Series - Mid Cap Fund stated the pursuing regarding Globant S.A. (NYSE:GLOB) successful its 3rd 4th 2025 capitalist letter:

"The Fund’s largest detractors to show successful the 4th were Shift4 Payments Inc. (Shift4), Globant S.A. (NYSE:GLOB), and Bruker Corp. (Bruker). We exited some Globant and Bruker during the 4th pursuing sustained underperformance and to opportunistically harvest taxation losses. These 2 companies person been our astir impacted by tariffs and beingness subject and world backing cuts, and immoderate re-entry would beryllium predicated connected a stabilization successful performance.