FSI

Flow State Investments Portfolio holdings

AUM $226M
1-Year Est. Return 4.82%
This Quarter Est. Return
1 Year Est. Return
+4.82%
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$226M
AUM Growth
-$89.6M
Cap. Flow
Cap. Flow %
Top 10 Hldgs %
Holding
226
New
Increased
Reduced
Closed

Top Buys

1
+$9.08M
2
+$8.13M
3
+$8.05M
4
SWN
Southwestern Energy Company
SWN
+$7.04M
5
ULS icon
UL Solutions
ULS
+$2.18M

Top Sells

1
+$7.35M
2
+$7.01M
3
+$5.67M
4
TRTL
TortoiseEcofin Acquisition Corp. III
TRTL
+$5.35M
5
SVII icon
Spring Valley Acquisition Corp II
SVII
+$3.9M

Sector Composition

1 Energy 22.83%
2 Consumer Discretionary 5.14%
3 Consumer Staples 3.71%
4 Utilities 3.56%
5 Industrials 2.97%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LEGT.WS
151
Legato Merger Corp III Warrants
LEGT.WS
– –
-57,500
IBACR
152
IB Acquisition Corp Right
IBACR
– –
-198,850
SHMDW
153
SCHMID Group N.V. Warrants
SHMDW
– –
-114,913
GPATU
154
GP-Act III Acquisition Corp Units
GPATU
– –
-100,000
CCIX
155
Churchill Capital Corp IX
CCIX
$395M
– –
-699,996
ABVEW
156
Above Food Ingredients Inc Warrants
ABVEW
$15.3M
– –
-90,400
SDSTW
157
Stardust Power Inc Warrant
SDSTW
$7.44M
– –
-56,610
CNTM
158
DELISTED
ConnectM Technology Solutions, Inc. Common Stock
CNTM
– –
-208,000
FLDDW
159
Fold Holdings Warrant
FLDDW
$5.47M
– –
-192,262
BSLKW
160
Bolt Projects Holdings Warrant
BSLKW
$361K
– –
-93,000
CURR
161
Currenc Group
CURR
$141M
– –
-207,498
VEEAW
162
Veea Inc Warrant
VEEAW
$757K
– –
-80,669
EXE
163
Expand Energy Corp
EXE
$25.5B
– –
-2,614
AMODW
164
Alpha Modus Holdings Warrant
AMODW
– –
-71,235
BZAIW
165
Blaize Holdings Warrants
BZAIW
$35.6M
– –
-181,400
ASBPW
166
Aspire Biopharma Warrant
ASBPW
$937K
– –
-113,498
USAR
167
USA Rare Earth Inc
USAR
$3.6B
– –
-150,000
USARW
168
USA Rare Earth Inc Warrant
USARW
$1.77B
– –
-150,000
LGF.B
169
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
– –
-145,828
SKGRW
170
DELISTED
SK Growth Opportunities Corporation Warrant
SKGRW
– –
-178,670
SKGR
171
DELISTED
SK Growth Opportunities Corporation Class A Common Stock
SKGR
– –
-201,576
HCVIW
172
DELISTED
Hennessy Capital Investment Corp. VI Warrant
HCVIW
– –
-256,400
GATEW
173
DELISTED
Marblegate Acquisition Corp. Warrant
GATEW
– –
-31,000
LUNRW
174
DELISTED
Intuitive Machines, Inc. Warrants
LUNRW
– –
-15,261
PPYAW
175
DELISTED
Papaya Growth Opportunity Corp. I Warrant
PPYAW
– –
-86,100
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