Here’s Montaka’s View on Floor & Décor (FND)

Core Insights - Montaka Global Investments released its second-quarter 2025 investor letter, emphasizing a long-term sustainable compounding strategy for its portfolio [1] - The S&P 500 experienced significant volatility, initially dropping due to Trump's tariff policy but later rebounding nearly 25%, presenting potential investment opportunities [1] - Montaka's portfolio is highly concentrated, with the top 10 investments making up 76% of the total [1] Company Focus: Floor & Decor Holdings, Inc. (NYSE:FND) - Floor & Decor Holdings, Inc. is highlighted as a multi-channel specialty retailer of hard surface flooring and related accessories [2] - The stock's one-month return was -0.67%, and it has lost 30.83% of its value over the past 52 weeks, closing at $81.98 per share with a market capitalization of $8.829 billion on September 18, 2025 [2] - Sales for Floor & Decor in the second quarter grew by 7.1% to $1.214 billion [4] Investment Sentiment - Floor & Decor Holdings, Inc. is not among the 30 most popular stocks among hedge funds, with 46 hedge fund portfolios holding the stock at the end of the second quarter, an increase from 44 in the previous quarter [4] - While the potential of Floor & Decor as an investment is acknowledged, the company believes certain AI stocks may offer greater upside potential with less downside risk [4]