WCM Investment Management, LLC (WCM) is an underlying manager that applies its WCM Quality Global Growth Equity Strategy (the Strategy) to its holdings of global equities. WCM is an Investment management firm that focuses on Investment in high-growth companies across the globe. WCM has recently acquired additional shares in several companies, from Floor & Decor to Atlassian, Natixis Investment Managers, and more.
Floor & Decor is a specialty retailer that provides hard surface flooring and related accessories. WCM Investment Management LLC has acquired an additional 4,841,227 shares of Floor & Decor's stock, which has brought WCM's total stake in the company to 4,845,834 shares. This additional Investment is valued at $266,085,000. WCM Investment Management has grown its stake in Floor & Decor by 44.2%.
Atlassian is a software company that provides products and services to help teams organize, discuss, and complete their work. WCM Investment Management LLC has acquired an additional 4,917,945 shares of Atlassian's stock, bringing their total stake in the company to 8,726,854 shares. This additional Investment is valued at $1,384,192,000. BMO Capital Markets has provided a target price of $229.56, which suggests a potential upside of 19.41%.