Vantage Dumps $18M Floor & Decor Stake: Buy the Dip?

Picture this: Vantage had Floor & Decor in their portfolio at $90 a share. Now they’re selling it at $76. That’s like buying a brand-new Tesla and then trying to resell it at a yard sale. The fund’s Q3 2025 filing reveals they reduced their position from 1.28% of AUM to zero. For context, their top holdings now include United Health Group ($107.57M), Alphabet ($106.25M), and Nvidia ($62.01M). If I were FND, I’d be feeling the chill of a post-Thanksgiving clearance sale.



