Skip to main content

Flow State Investments, L.P.

Location
Chicago, IL
Portfolio Value
Micro $35,829,283
Diversification
Highly concentrated
Filing Date
Global Rank
#6,618 / 7,382 ▼ 895 · as of Sep 2024
Top Industry
Luxury Goods 42.2%
3Y Alpha vs SPY
-16.9%
Period ended 1 year ago
Filed Nov 14, 2024 · 1y
8 quarters · since Dec 2022

Clone Performance

Sep 2023–Apr 2025 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio
-8.2%
SPY
+18.3%
Annualised alpha
-16.2%
Max drawdown
−25.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 71% of reported value on average across 6 quarters.Flow State Investments, L.P. has stopped filing, so the simulation ends in Apr 2025 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.

Portfolio Concentration

20 tracked positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024
Top Position
42.2%
+30.2 pts
Top 5
96.1%
+54.3 pts
Top 10
100.0%
+40.9 pts
HHI
3,267
Dec 2022 → Sep 2024 · range 365 – 3,267
Highly concentrated+2,750

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
Unclassified 0.0% $0

Last Quarter's Activity

Export CSV
Sep 30, 2024 vs Jun 30, 2024

Added To

Positions the filer increased
6 positions
Ticker Δ Shares Shares Value Open
+59,898 319,004 $0
+36,000 50,000 $0
+700 285,369 $0

Trimmed

Positions the filer reduced
2 positions
Ticker Δ Shares Shares Value Open
76,129 17,000 $0

New Positions

Positions the filer opened this quarter
12 positions
Ticker Shares Value Open
19,000 $0
990,000 $0
225,000 $0
30,000 $0
35,000 $0
30,000 $0
36,000 $0

Sold Out

Positions the filer fully exited
25 positions
Ticker Shares Value Open
874,995 $7,013,959
366,000 $2,560,000

Portfolio Positions

Export CSV View 13F filing
20 tracked positions · $35,829,283 total · filing declares 48 positions · $244,511,700 · as of Sep 30, 2024
Ticker Company Shares Value (USD) % of Portfolio History
17,000 $0 0.00%
30,000 $0 0.00%
50,000 $0 0.00%
319,004 $0 0.00%
35,000 $0 0.00%
990,000 $0 0.00%
30,000 $0 0.00%
36,000 $0 0.00%
285,369 $0 0.00%
19,000 $0 0.00%
225,000 $0 0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.