Institutional Manager · CIK 0001660328
Freestate Advisors LLC
OVERLAND PARK, KS · File #028-19458
Latest AUM
$130.2M
Positions
41
Top-10 Concentration
83.1%
Filings
6
Portfolio Value Over Time
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | SPDR SERIES TRUST | 78464A375 | +57,164 | +$1.9M | -$6,053 |
| REDUCE | VANGUARD INDEX FDS | 922908363 | -2,100 | -$1.3M | +$386,897 |
| ADD | ISHARES TR | 464287226 | +5,886 | +$587,892 | -$47,110 |
| ADD | ISHARES TR | 46434V407 | +10,608 | +$454,765 | -$107,652 |
| ADD | LEGG MASON ETF INVT | 52468L505 | +10,474 | +$385,650 | +$95,173 |
| EXITED | VANGUARD MALVERN FDS | 922020805 | -6,504 | -$329,305 | $0 |
| ADD | SCHWAB STRATEGIC TR | 808524797 | +8,534 | +$234,089 | +$11,453 |
| ADD | CAPITAL GRP FIXED INCM ETF T | 14020Y409 | +7,907 | +$205,661 | +$1,558 |
| EXITED | INTERNATIONAL PAPER CO | 460146103 | -4,413 | -$204,763 | $0 |
| NEW | NVIDIA CORPORATION | NVDA | +1,082 | +$201,804 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202541 pos · $130.2M
- 13F HOLDINGS REPORTQ/E Sep 202542 pos · $119.2M
- 13F HOLDINGS REPORTQ/E Jun 202546 pos · $112.0M
- 13F HOLDINGS REPORTQ/E Mar 202536 pos · $91.4M
- 13F HOLDINGS REPORTQ/E Dec 202437 pos · $96.7M
- 13F HOLDINGS REPORTQ/E Sep 202436 pos · $96.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | 78464A508 | 341,503 | $19.4M | 15.77% |
| 2 | VANGUARD INDEX FDS | 922908363 | 24,138 | $15.1M | 12.30% |
| 3 | SCHWAB STRATEGIC TR | 808524805 | 609,909 | $14.7M | 11.92% |
| 4 | ISHARES TR | 464287226 | 133,047 | $13.3M | 10.80% |
| 5 | ISHARES TR | 46434V407 | 260,969 | $11.2M | 9.09% |
| 6 | ISHARES TR | 464288638 | 178,594 | $9.6M | 7.82% |
| 7 | AMERICAN CENTY ETF TR | 025072877 | 63,369 | $6.5M | 5.25% |
| 8 | SPDR SERIES TRUST | 78464A375 | 132,692 | $4.5M | 3.65% |
| 9 | SPDR SERIES TRUST | 78468R663 | 47,541 | $4.3M | 3.53% |
| 10 | SPDR S&P 500 ETF TR | SPY | 5,362 | $3.7M | 2.97% |
| 11 | SCHWAB STRATEGIC TR | 808524797 | 96,458 | $2.6M | 2.15% |
| 12 | LEGG MASON ETF INVT | 52468L505 | 56,458 | $2.1M | 1.69% |
| 13 | CAPITAL GRP FIXED INCM ETF T | 14020Y409 | 59,829 | $1.6M | 1.26% |
| 14 | ISHARES TR | 464287457 | 18,483 | $1.5M | 1.24% |
| 15 | APPLE INC | AAPL | 4,393 | $1.2M | 0.97% |
| 16 | ISHARES TR | 46434V621 | 16,747 | $1.2M | 0.94% |
| 17 | AMERICAN CENTY ETF TR | 025072307 | 9,600 | $1.1M | 0.89% |
| 18 | CAPITAL GROUP DIVIDEND VALUE | 14020W106 | 20,758 | $905,868 | 0.74% |
| 19 | ISHARES TR | 46436E718 | 7,304 | $733,137 | 0.60% |
| 20 | JANUS DETROIT STR TR | 47103U845 | 13,032 | $659,139 | 0.54% |