Flow State Investments, L.P. 13F annual report
Flow State Investments, L.P. is an investment fund managing more than $179 billion ran by Sean Stephens. There are currently 93 companies in Mr. Stephens’s portfolio. The largest investments include Hess and Albertsons Cos Inc, together worth $46.8 billion.
$179 billion Assets Under Management (AUM)
As of 7th August 2024, Flow State Investments, L.P.’s top holding is 259,106 shares of Hess currently worth over $38.2 billion and making up 21.3% of the portfolio value.
Relative to the number of outstanding shares of Hess, Flow State Investments, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 434,730 shares of Albertsons Cos Inc worth $8.59 billion.
The third-largest holding is Capri Holdings Limited worth $8.56 billion and the next is Amedisys worth $8.55 billion, with 93,129 shares owned.
Currently, Flow State Investments, L.P.'s portfolio is worth at least $179 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Flow State Investments, L.P.
The Flow State Investments, L.P. office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Sean Stephens serves as the Chief Compliance Officer at Flow State Investments, L.P..
Recent trades
In the most recent 13F filing, Flow State Investments, L.P. revealed that it had opened a new position in
Churchill Capital Corp Ix and bought 699,996 shares worth $7.01 billion.
The investment fund also strengthened its position in Hess by buying
233,106 additional shares.
This makes their stake in Hess total 259,106 shares worth $38.2 billion.
Hess dropped 14.7% in the past year.
On the other hand, there are companies that Flow State Investments, L.P. is getting rid of from its portfolio.
Flow State Investments, L.P. closed its position in Screaming Eagle Acquisitn Co on 14th August 2024.
It sold the previously owned 2,096,406 shares for $22.4 billion.
Sean Stephens also disclosed a decreased stake in Spring Valley Acquistn Corp by 0.2%.
This leaves the value of the investment at $3.9 billion and 350,403 shares.
One of the smallest hedge funds
The two most similar investment funds to Flow State Investments, L.P. are Ribbit Bullfrog Gp Ii and Gallacher Capital Management. They manage $179 billion and $179 billion respectively.
Sean Stephens investment strategy
Flow State Investments, L.P.’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Energy — making up 21.9% of
the total portfolio value.
The fund focuses on investments in the United States as
14.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
10% of the total holdings value.
On the other hand, small-cap stocks make up only 3.2% of the portfolio.
The average market cap of the portfolio companies is close to $74.4 billion.
The complete list of Flow State Investments, L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Hess Corporation |
896.56%
259,106
|
$38,223,317,000 | 21.32% |
| Screaming Eagle Acquisitn Co |
Closed
2,096,406
|
$22,431,544,000 | |
| Pioneer Nat Res Co |
Closed
46,329
|
$12,161,363,000 | |
| Albertsons Cos Inc |
56.49%
434,730
|
$8,585,918,000 | 4.79% |
| Capri Holdings Limited |
160.01%
258,675
|
$8,556,969,000 | 4.77% |
| Amedisys Inc. |
12.20%
93,129
|
$8,549,242,000 | 4.77% |
| Churchill Capital Corp Ix |
Opened
699,996
|
$7,013,960,000 | 3.91% |
| Rigel Resource Acq Corp |
12.36%
500,000
|
$5,665,000,000 | 3.16% |
| Tortoiseecofin Acquisition C |
No change
489,065
|
$5,345,480,000 | 2.98% |
| Concord Acquisition Corp Ii |
Closed
435,109
|
$4,575,171,000 | |
| Spring Valley Acquistn Corp |
22.20%
350,403
|
$3,896,481,000 | 2.17% |
| Churchill Capital Corp VII |
No change
353,800
|
$3,810,426,000 | 2.12% |
| Colombier Acquisition Corp I |
No change
341,000
|
$3,503,775,000 | 1.95% |
| Keen Vision Acquisition Corp |
23.53%
325,000
|
$3,438,825,000 | 1.92% |
| Ssga Active Etf Tr |
13.94%
79,300
|
$3,314,740,000 | 1.85% |
| Learn Cw Investment Cor |
Closed
298,620
|
$3,275,861,000 | |
| Nuveen Amt Free Qlty Mun Inc |
15.35%
284,746
|
$3,263,189,000 | 1.82% |
| Investcorp Europe Acquisitio |
725.13%
284,669
|
$3,230,993,000 | 1.80% |
| Digital Rlty Tr Inc |
Opened
20,593
|
$3,131,166,000 | 1.75% |
| Project Energy Reimagined Ac |
Closed
287,706
|
$3,026,667,000 | |
| Callon Pete Co Del |
Closed
76,000
|
$2,717,760,000 | |
| Ares Acquisition Corp Ii |
No change
240,487
|
$2,565,996,000 | 1.43% |
| Agriculture Nat Sol Acq Co |
28.57%
250,000
|
$2,560,000,000 | 1.43% |
| AP Acquisition Corp |
Closed
220,100
|
$2,482,728,000 | |
| Infint Acquisition Corp |
No change
207,498
|
$2,419,427,000 | 1.35% |
| Monterey Cap Acquisition Cor |
Opened
208,000
|
$2,350,400,000 | 1.31% |
| Pegasus Digital Mobility Acq |
Closed
200,014
|
$2,248,157,000 | |
| Sk Growth Opportunities Corp |
485.99%
201,576
|
$2,242,049,000 | 1.25% |
| Tristar Acquisition I Corp. |
Opened
200,000
|
$2,230,000,000 | 1.24% |
| Slam Corp |
No change
195,270
|
$2,172,379,000 | 1.21% |
| Everbridge Inc |
Opened
61,588
|
$2,154,964,000 | 1.20% |
| Enphys Acquisition Corp. |
Closed
195,000
|
$2,109,900,000 | |
| Evergreen Corporation |
Closed
165,743
|
$1,879,526,000 | |
| Encore Wire Corp. |
Opened
6,462
|
$1,872,881,000 | 1.04% |
| Eaton Vance Tax Advt Div Inc |
7.64%
79,706
|
$1,856,353,000 | 1.04% |
| Investcorp India Acquistn Co |
61.67%
161,667
|
$1,834,920,000 | 1.02% |
| SDCL EDGE Acquisition Corp |
25.28%
156,600
|
$1,727,298,000 | 0.96% |
| Discover Finl Svcs |
Closed
13,000
|
$1,704,170,000 | |
| Eaton Vance Tax-managed Dive |
20.58%
118,413
|
$1,663,703,000 | 0.93% |
| Haymaker Acquisition Corp Iv |
No change
155,295
|
$1,632,150,000 | 0.91% |
| Inflection Pt Acquisitn Crp |
39.40%
150,000
|
$1,590,000,000 | 0.89% |
| Blackrock Science Technolo |
18.63%
79,221
|
$1,577,290,000 | 0.88% |
| Blackrock Innovation And Grw |
69.51%
200,000
|
$1,446,000,000 | 0.81% |
| Crown Castle Inc |
Closed
13,643
|
$1,443,839,000 | |
| Direct Selling Acquisitin Co |
Closed
126,452
|
$1,407,411,000 | |
| Masonite Intl Corp |
Closed
10,000
|
$1,314,500,000 | |
| Spark I Acquisition Corp |
No change
123,699
|
$1,280,285,000 | 0.71% |
| Lions Gate Entmnt Corp |
56.84%
145,828
|
$1,249,746,000 | 0.70% |
| Blackrock Science Technolo |
Opened
31,992
|
$1,204,819,000 | 0.67% |
| Eaton Vance Tx Adv Glbl Div |
11.07%
63,040
|
$1,173,174,000 | 0.65% |
| Mountain Co I Acquisitn Co |
No change
100,007
|
$1,165,082,000 | 0.65% |
| United States Stl Corp New |
2.08%
30,625
|
$1,157,625,000 | 0.65% |
| Perception Capital Corp Iv |
No change
100,032
|
$1,133,363,000 | 0.63% |
| Capital One Finl Corp |
Opened
8,153
|
$1,128,783,000 | 0.63% |
| Bynordic Acquisition Corp |
Closed
100,000
|
$1,110,000,000 | |
| 10x Capital Venture Acq Iii |
No change
100,001
|
$1,100,511,000 | 0.61% |
| Eaton Vance Tax-managed Glob |
48.49%
128,601
|
$1,086,678,000 | 0.61% |
| Asa Gold And Precious Mtls L |
5.32%
61,739
|
$1,082,902,000 | 0.60% |
| Morgan Stanley |
Closed
11,200
|
$1,054,592,000 | |
| Virtus Total Return Fd Inc |
4.61%
186,928
|
$1,019,692,000 | 0.57% |
| J P Morgan Exchange Traded F |
0.48%
17,000
|
$943,500,000 | 0.53% |
| Liberty All-star Growth Fd I |
4.61%
168,793
|
$901,355,000 | 0.50% |
| Blackrock Enhanced Equity Di |
30.44%
110,244
|
$900,693,000 | 0.50% |
| Nuveen New York Amt Qlt Muni |
23.28%
80,565
|
$893,466,000 | 0.50% |
| Ul Solutions Inc |
Opened
21,000
|
$885,990,000 | 0.49% |
| Silverbox Corp Iii |
No change
82,621
|
$875,783,000 | 0.49% |
| Blackrock Enhancd Cap Inm |
53.93%
42,736
|
$854,293,000 | 0.48% |
| Liberty All Star Equity Fd |
Closed
119,431
|
$853,932,000 | |
| Sharkninja Inc |
Closed
12,500
|
$778,625,000 | |
| Hancock John Tax-advantaged |
4.61%
38,218
|
$772,386,000 | 0.43% |
| Srh Total Return Fund Inc |
1.40%
51,716
|
$752,468,000 | 0.42% |
| National Westn Life Group In |
7.69%
1,400
|
$695,716,000 | 0.39% |
| Walmart Inc |
Opened
10,000
|
$677,100,000 | 0.38% |
| Saba Capital Income Opport |
Closed
171,013
|
$653,270,000 | |
| Saba Capital Income Opport |
Opened
81,669
|
$637,018,000 | 0.36% |
| Lionsgate Studios Corp |
Opened
74,847
|
$603,267,000 | 0.34% |
| Everest Consolidator Acq Cor |
No change
53,000
|
$596,515,000 | 0.33% |
| Keurig Dr Pepper Inc |
Closed
19,146
|
$587,208,000 | |
| Valuence Merger Corp I |
Closed
51,005
|
$577,377,000 | |
| Eve Mobility Acquisition Cor |
Opened
50,000
|
$549,500,000 | 0.31% |
| Flaherty Crumrine Pfd Secs |
13.11%
36,999
|
$547,215,000 | 0.31% |
| Compass Digital Acquisitn Co |
Opened
50,000
|
$544,000,000 | 0.30% |
| Calamos Gbl Dyn Income Fund |
26.66%
78,076
|
$535,601,000 | 0.30% |
| NextEra Energy Inc |
Opened
7,514
|
$532,066,000 | 0.30% |
| Eaton Vance Risk-managed Div |
8.92%
60,236
|
$528,872,000 | 0.29% |
| Blackrock Cap Allocation Ter |
Opened
30,847
|
$506,199,000 | 0.28% |
| Visa Inc |
50.36%
1,883
|
$494,231,000 | 0.28% |
| Cohen Steers Quality Incom |
Opened
40,466
|
$472,643,000 | 0.26% |
| Apx Acquisition Corp I |
No change
40,000
|
$464,400,000 | 0.26% |
| Blackrock Energy Res Tr |
14.91%
33,425
|
$441,879,000 | 0.25% |
| Oddity Tech Ltd |
Closed
10,000
|
$434,500,000 | |
| Esh Acquisition Corp |
No change
40,117
|
$418,019,000 | 0.23% |
| Sable Offshore Corp |
Closed
37,752
|
$413,762,000 | |
| Armada Acquisition Corp I |
Opened
36,105
|
$413,041,000 | 0.23% |
| Kraft Heinz Co |
Opened
12,500
|
$402,750,000 | 0.22% |
| Marathon Oil Corporation |
Opened
14,000
|
$401,380,000 | 0.22% |
| TD Synnex Corp |
Closed
3,500
|
$395,850,000 | |
| Putnam Master Inter Income T |
71.42%
120,008
|
$387,026,000 | 0.22% |
| Blackrock Enhanced Global Di |
Closed
35,564
|
$371,999,000 | |
| Blackrock Municipal Income |
Closed
30,619
|
$369,265,000 | |
| Eaton Vance Mun Bd Fd |
Closed
35,061
|
$362,881,000 | |
| First Horizon Corporation |
Closed
22,500
|
$346,500,000 | |
| Oklo Inc |
89.93%
39,557
|
$335,048,000 | 0.19% |
| Blackrock Tax Municpal Bd Tr |
Opened
20,326
|
$332,330,000 | 0.19% |
| Adam Nat Res Fd Inc |
Closed
13,800
|
$318,228,000 | |
| Nabors Energy Transition Cor |
Closed
30,000
|
$312,000,000 | |
| Fst Tr New Opport Mlp Ene |
Closed
40,355
|
$309,119,000 | |
| Tortoise Energy Infra Corp |
63.97%
8,191
|
$285,620,000 | 0.16% |
| Clough Global Opportunities |
4.61%
44,785
|
$240,943,000 | 0.13% |
| Equitrans Midstream Corporation |
Opened
18,432
|
$239,247,000 | 0.13% |
| Calamos Strategic Total Retu |
Closed
14,560
|
$238,347,000 | |
| Blockchain Coinvstrs Acq Crp |
Opened
20,100
|
$224,718,000 | 0.13% |
| Abrdn Global Premier Pptys F |
Closed
55,197
|
$218,580,000 | |
| Chesapeake Energy Corp. |
Opened
2,614
|
$214,845,000 | 0.12% |
| Williams Cos Inc |
Opened
5,000
|
$212,500,000 | 0.12% |
| Flaherty Crumrine Dynamic |
8.90%
10,803
|
$207,418,000 | 0.12% |
| Hancock John Prem Divid Fd |
4.61%
15,011
|
$176,830,000 | 0.10% |
| Eaton Vance Tax Mnged Buy Wr |
64.83%
12,179
|
$171,967,000 | 0.10% |
| Thornburg Incm Builder Opp T |
Opened
10,632
|
$171,494,000 | 0.10% |
| Pgim Short Dur Hig Yld Opp F |
Closed
10,391
|
$159,814,000 | |
| Juniper Networks Inc |
60.00%
4,000
|
$145,840,000 | 0.08% |
| Nuveen Real Estate Income Fd |
Closed
18,107
|
$143,045,000 | |
| Abrdn Total Dynamic Dividend |
Closed
16,462
|
$136,470,000 | |
| Montana Technologies Corp |
Closed
10,000
|
$112,900,000 | |
| Western Asset High Incom Fd |
Closed
24,073
|
$107,606,000 | |
| Mfs Inter Income Tr |
Opened
39,884
|
$106,091,000 | 0.06% |
| Tcw Strategic Income Fd Inc |
Opened
22,365
|
$106,010,000 | 0.06% |
| Canna Global Acquisition Cor |
Opened
10,000
|
$104,300,000 | 0.06% |
| Allspring Global Dividend Op |
50.21%
21,086
|
$102,478,000 | 0.06% |
| Western Ast Infl Lkd Opp I |
Closed
10,696
|
$92,306,000 | |
| Lotus Technology Inc |
Closed
10,231
|
$69,775,000 | |
| Putnam Premier Income Tr |
42.62%
15,280
|
$54,702,000 | 0.03% |
| Mariadb Plc |
173.39%
100,000
|
$53,360,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 133 holdings | |||
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