FLOW STATE INVESTMENTS, L.P.

Filed: 5/15/2023ACC: 0000919574-23-003166

📋 What this filing means

FLOW STATE INVESTMENTS, L.P. filed this quarterly 13F‑HR report disclosing 196 equity positions with a total reported market value of $123.17M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

196

Positions

$123.17M

Total AUM (reported)

16.83M

Total Shares

Allocation by class

COM CL A$30.00M24.4%

COM$22.84M18.5%

CLASS A ORD SHS$13.33M10.8%

CLASS A COM$11.92M9.7%

CL A COM$7.53M6.1%

SHS$5.35M4.3%

SHS CL A$4.82M3.9%

Portfolio Concentration

Top 3$23.05M18.7%

4–10$33.35M27.1%

11–25$36.00M29.2%

Rest$30.77M25.0%

Top 3 weight

18.7%

Top 10 weight

45.8%

Voting Authority Distribution

Total shares with voting rights: 16.83M

Sole

Full voting authority

16.83M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole196

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings196

Rows:

KHOSLA VENTURES ACQUT CO III

SOLE

COM CL A

Shares915.20K

TypeSH

Market value$9.29M

7.54%

Sole

915.20K

Shared

0.00

None

0.00

IX ACQUISITION CORP

SOLE

CLASS A ORD SHS

Shares806.89K

TypeSH

Market value$8.30M

6.74%

Sole

806.89K

Shared

0.00

None

0.00

APOLLO ENDOSURGERY INC

SOLE

COM

Shares550.52K

TypeSH

Market value$5.46M

4.43%

Sole

550.52K

Shared

0.00

None

0.00

HORIZON THERAPEUTICS PUB L

SOLE

SHS

Shares49K

TypeSH

Market value$5.35M

4.34%

Sole

49K

Shared

0.00

None

0.00

CIIG CAPITAL PARTNERS II INC

SOLE

COM CL A

Shares507.57K

TypeSH

Market value$5.28M

4.29%

Sole

507.57K

Shared

0.00

None

0.00

CHURCHILL CAPITAL CORP VII

SOLE

COM CL A

Shares500K

TypeSH

Market value$5.07M

4.12%

Sole

500K

Shared

0.00

None

0.00

ACTIVISION BLIZZARD INC

SOLE

COM

Shares55K

TypeSH

Market value$4.71M

3.82%

Sole

55K

Shared

0.00

None

0.00

TOWER SEMICONDUCTOR LTD

SOLE

SHS NEW

Shares110K

TypeSH

Market value$4.67M

3.79%

Sole

110K

Shared

0.00

None

0.00

ALBERTSONS COS INC

SOLE

COMMON STOCK

Shares212.68K

TypeSH

Market value$4.42M

3.59%

Sole

212.68K

Shared

0.00

None

0.00

BLACK KNIGHT INC

SOLE

COM

Shares67K

TypeSH

Market value$3.86M

3.13%

Sole

67K

Shared

0.00

None

0.00

FTAC ZEUS ACQUISITION COR

SOLE

CLASS A COM

Shares350K

TypeSH

Market value$3.59M

2.92%

Sole

350K

Shared

0.00

None

0.00

NEWHOLD INVESTMENT CORP II

SOLE

COM CL A

Shares330K

TypeSH

Market value$3.36M

2.72%

Sole

330K

Shared

0.00

None

0.00

OAK STR HEALTH INC

SOLE

COM

Shares80K

TypeSH

Market value$3.09M

2.51%

Sole

80K

Shared

0.00

None

0.00

TRISTAR ACQUISITION I CORP

SOLE

CL A ORD SHS

Shares273.33K

TypeSH

Market value$2.82M

2.29%

Sole

273.33K

Shared

0.00

None

0.00

GSR II METEORA ACQUISITN COR

SOLE

CLASS A COM

Shares268.30K

TypeSH

Market value$2.78M

2.25%

Sole

268.30K

Shared

0.00

None

0.00

TRAVELCENTERS OF AMERICA INC

SOLE

COM NEW

Shares30K

TypeSH

Market value$2.60M

2.11%

Sole

30K

Shared

0.00

None

0.00

JAWS HURRICANE ACQUISITN COR

SOLE

CLASS A COM

Shares250.80K

TypeSH

Market value$2.55M

2.07%

Sole

250.80K

Shared

0.00

None

0.00

VMWARE INC

SOLE

CL A COM

Shares20K

TypeSH

Market value$2.50M

2.03%

Sole

20K

Shared

0.00

None

0.00

PANACEA ACQUISITION CORP II

SOLE

CL A SHS

Shares216.50K

TypeSH

Market value$2.21M

1.80%

Sole

216.50K

Shared

0.00

None

0.00

CHURCHILL CAPITAL CORP VI

SOLE

COM CL A

Shares190.04K

TypeSH

Market value$1.92M

1.56%

Sole

190.04K

Shared

0.00

None

0.00

ATHENA TECHNOLOGY ACQ CORP I

SOLE

CL A COM

Shares185K

TypeSH

Market value$1.90M

1.54%

Sole

185K

Shared

0.00

None

0.00

FIRST HORIZON CORPORATION

SOLE

COM

Shares101.60K

TypeSH

Market value$1.81M

1.47%

Sole

101.60K

Shared

0.00

None

0.00

CHURCHILL CAPITAL CORP V

SOLE

COM CL A

Shares179.09K

TypeSH

Market value$1.81M

1.47%

Sole

179.09K

Shared

0.00

None

0.00

APOLLO STRATEGIC GRWT CPTL I

SOLE

SHS CL A

Shares150K

TypeSH

Market value$1.54M

1.25%

Sole

150K

Shared

0.00

None

0.00

SCREAMING EAGLE ACQUISITN CO

SOLE

CLASS A ORD SHS

Shares150K

TypeSH

Market value$1.52M

1.24%

Sole

150K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
KHOSLA VENTURES ACQUT CO IIISOLE	COM CL A	915.20K	SH	$9.29M 7.54%	915.20K
IX ACQUISITION CORPSOLE	CLASS A ORD SHS	806.89K	SH	$8.30M 6.74%	806.89K
APOLLO ENDOSURGERY INCSOLE	COM	550.52K	SH	$5.46M 4.43%	550.52K
HORIZON THERAPEUTICS PUB LSOLE	SHS	49K	SH	$5.35M 4.34%	49K
CIIG CAPITAL PARTNERS II INCSOLE	COM CL A	507.57K	SH	$5.28M 4.29%	507.57K
CHURCHILL CAPITAL CORP VIISOLE	COM CL A	500K	SH	$5.07M 4.12%	500K
ACTIVISION BLIZZARD INCSOLE	COM	55K	SH	$4.71M 3.82%	55K
TOWER SEMICONDUCTOR LTDSOLE	SHS NEW	110K	SH	$4.67M 3.79%	110K
ALBERTSONS COS INCSOLE	COMMON STOCK	212.68K	SH	$4.42M 3.59%	212.68K
BLACK KNIGHT INCSOLE	COM	67K	SH	$3.86M 3.13%	67K
FTAC ZEUS ACQUISITION CORSOLE	CLASS A COM	350K	SH	$3.59M 2.92%	350K
NEWHOLD INVESTMENT CORP IISOLE	COM CL A	330K	SH	$3.36M 2.72%	330K
OAK STR HEALTH INCSOLE	COM	80K	SH	$3.09M 2.51%	80K
TRISTAR ACQUISITION I CORPSOLE	CL A ORD SHS	273.33K	SH	$2.82M 2.29%	273.33K
GSR II METEORA ACQUISITN CORSOLE	CLASS A COM	268.30K	SH	$2.78M 2.25%	268.30K
TRAVELCENTERS OF AMERICA INCSOLE	COM NEW	30K	SH	$2.60M 2.11%	30K
JAWS HURRICANE ACQUISITN CORSOLE	CLASS A COM	250.80K	SH	$2.55M 2.07%	250.80K
VMWARE INCSOLE	CL A COM	20K	SH	$2.50M 2.03%	20K
PANACEA ACQUISITION CORP IISOLE	CL A SHS	216.50K	SH	$2.21M 1.80%	216.50K
CHURCHILL CAPITAL CORP VISOLE	COM CL A	190.04K	SH	$1.92M 1.56%	190.04K
ATHENA TECHNOLOGY ACQ CORP ISOLE	CL A COM	185K	SH	$1.90M 1.54%	185K
FIRST HORIZON CORPORATIONSOLE	COM	101.60K	SH	$1.81M 1.47%	101.60K
CHURCHILL CAPITAL CORP VSOLE	COM CL A	179.09K	SH	$1.81M 1.47%	179.09K
APOLLO STRATEGIC GRWT CPTL ISOLE	SHS CL A	150K	SH	$1.54M 1.25%	150K
SCREAMING EAGLE ACQUISITN COSOLE	CLASS A ORD SHS	150K	SH	$1.52M 1.24%	150K

Page 1 of 8

…