Baron Real Estate Fund Added Floor & Decor Holdings (FND) on A Dip

Group 1 - Baron Real Estate Fund delivered strong performance in Q3 2025, appreciating 10.25% compared to the MSCI US REIT Index's 4.49% and the MSCI USA IMI Extended Real Estate Index's 5.65% [1] - The fund highlighted Floor & Decor Holdings, Inc. (NYSE:FND) as a key stock, which experienced a one-month return of -14.20% and a 52-week loss of 40.63% [2] - Floor & Decor Holdings, Inc. had a market capitalization of $6.55 billion as of November 11, 2025, with shares closing at $60.79 [2] Group 2 - Following a significant decline in shares during the first half of 2025, Baron Real Estate Fund began acquiring shares of Floor & Decor Holdings, Inc. [3] - Floor & Decor Holdings, Inc. was held by 46 hedge fund portfolios at the end of Q2 2025, an increase from 44 in the previous quarter [4] - The company's sales for Q3 grew by 5.5% to $1.180 billion, indicating potential for investment despite the current challenges [4]