Flow State Investments, L.P.
CIK
1850755
Location
Chicago, IL
Portfolio Value
Micro
$35,829,283
Diversification
Highly concentrated
Filing Date
Global Rank
#6,313
/ 7,303
▼ 712
Top Industry
Luxury Goods
42.2%
3Y Alpha vs SPY
-17.7%
Period ended 1 year ago
Filed Nov 14, 2024 · 1y
8 quarters · since Dec 2022
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+9.5%
SPY
+76.3%
Annualised alpha
-17.7%
Max drawdown
−25.4%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
9 positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024Top Position
42.2%
+29.1 pts
Top 5
96.1%
+50.4 pts
Top 10
100.0%
+39.1 pts
HHI
3,267
Highly concentrated+2,686
Portfolio Trend
8 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2024| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 45.5% | $16,312,605 |
| Consumer Defensive | 36.7% | $13,161,123 |
| Industrials | 10.8% | $3,882,860 |
| Financial Services | 4.3% | $1,553,620 |
| Healthcare | 1.5% | $527,175 |
| Real Estate | 1.1% | $391,900 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| COF | Capital One Financial Corp | −6,115 | 2,038 | $305,149 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
5 positions
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CCIX | Churchill Capital Corp IX/Cayman | 699,996 | $7,013,959 | |
| KVAC | Keen Vision Acquisition Corp. | 325,000 | $3,438,825 | |
| NEA | Nuveen AMT-Free Quality Municipal Income Fund | 284,746 | $3,263,189 | |
| DLR | Digital Realty Trust, Inc. | 20,593 | $3,131,165 | |
| SLAMF | Slam Corp. | 195,270 | $2,171,402 | |
| EVT | Eaton Vance Tax-Advantaged Dividend Income Fund | 79,706 | $1,856,352 | |
| ETY | Eaton Vance Tax-Managed Diversified Equity Income Fund | 118,413 | $1,663,702 | |
| HYAC | Haymaker Acquisition Corp. 4 | 155,295 | $1,632,150 | |
| BSTZ | BlackRock Science & Technology Term Trust | 79,221 | $1,577,290 | |
| BTX | BlackRock Technology & Private Equity Term Trust | 200,000 | $1,446,000 | |
| SPKL | Spark I Acquisition Corp | 123,699 | $1,280,284 | |
| BST | BlackRock Science & Technology Trust | 31,992 | $1,204,818 | |
| ETG | Eaton Vance Tax-Advantaged Global Dividend Income Fund | 63,040 | $1,173,174 | |
| EXG | Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 128,601 | $1,086,678 | |
| ASA | ASA Gold & Precious Metals Ltd | 61,739 | $1,082,902 | |
| ZTR | Virtus Total Return Fund Inc. | 186,928 | $1,020,626 | |
| ASG | Liberty All Star Growth Fund Inc. | 168,793 | $901,354 | |
| BDJ | BlackRock Enhanced Equity Dividend Trust | 110,244 | $900,693 | |
| NRK | Nuveen New York Amt-Free Quality Municipal Income Fund | 80,565 | $893,465 | |
| CII | BlackRock Enhanced Large Cap Core Fund, Inc. | 42,736 | $854,292 | |
| HTD | John Hancock Tax-Advantaged Dividend Income Fund | 38,218 | $772,385 | |
| OKLO | Oklo Inc. | 89,257 | $756,006 | |
| STEW | SRH Total Return Fund, Inc. | 51,716 | $752,467 | |
| WMT | Walmart Inc. | 10,000 | $677,100 | |
| SABA | Saba Capital Income & Opportunities Fund II | 81,669 | $637,018 | |
| No positions match the current search. | ||||
9 positions ·
$35,829,283 total
· as of Sep 30, 2024
All sectors
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Industrials
Real Estate
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CPRI |
Capri Holdings Ltd
Consumer Cyclical
|
Added | 356,506 | $15,130,114 | 42.23% | |
| ACI |
Albertsons Companies, Inc.
Consumer Defensive
|
Added | 712,182 | $13,161,123 | 36.73% | |
| ULS |
UL Solutions Inc.
Industrials
|
Added | 75,200 | $3,707,360 | 10.35% | |
| NDAQ |
Nasdaq, Inc.
Financial Services
|
NEW | 17,100 | $1,248,471 | 3.48% | |
| VIK |
Viking Holdings Ltd
Consumer Cyclical
|
NEW | 33,892 | $1,182,491 | 3.30% | |
| BMRN |
Biomarin Pharmaceutical Inc
Healthcare
|
NEW | 7,500 | $527,175 | 1.47% | |
| LINE |
Lineage, Inc.
Real Estate
|
NEW | 5,000 | $391,900 | 1.09% | |
| COF |
Capital One Financial Corp
Financial Services
|
Reduced | 2,038 | $305,149 | 0.85% | |
| GTES |
Gates Industrial Corp plc
Industrials
|
NEW | 10,000 | $175,500 | 0.49% |