Freestate Advisors

OVERLAND PARK, KSfiles as Freestate Advisors LLC

$134m in 42 US stocks at the end of 30 June 2026. The top 10 are 81.3% of the money. It changed about 3.4% of the portfolio this quarter.

Value

$134m

Stocks

Top 10 share

81.3%

Turnover

3.4%

What changed this quarter

New

Bought for the first time this quarter.

American Centy ETF TRAVLV
0.3% of the fund
NvidiaNVDA
0.2% of the fund

Added

Bought more of a stock they already held.

Spdr Series TrustSPIB
3.8% of the fund
+4%
Capital GRP Fixed Incm ETF TCGSD
1.6% of the fund
+9%
Ishares TRSGOV
1.3% of the fund
+76%
Capital Group Dividend ValueCGDV
0.8% of the fund
+4%
T-Mobile USTMUS
0.3% of the fund
+10%
Vanguard Scottsdale FDSVGSH
0.2% of the fund
+5%
Cohen & Steers Total Return Realty FundRFI
0.2% of the fund
+2%
FS Credit OpportunitiesFSCO
<0.1% of the fund
+4%
Eagle Point CreditECC
<0.1% of the fund
+5%
Carlyle Credit Income FundCCIF
<0.1% of the fund
+4%

Cut

Sold some of their stake.

Spdr Series TrustSPYV
14.8% of the fund
-3%
Spdr Series TrustBIL
2.8% of the fund
-3%
JPMorgan ChaseJPM
0.3% of the fund
-2%

Sold out

Sold their entire stake.

DOWDOW
-100%
Amazon.comAMZN
-100%

Holdings

Spdr Series TrustSPYV
Share
14.8%
Value
$20m
Shares
325,280
-3%
Vanguard Index FDSVOO
Share
13.2%
Value
$18m
Shares
25,809
Held
Schwab Strategic TRSCHF
Share
12.3%
Value
$16m
Shares
594,373
Held
Ishares TRAGG
Share
10.1%
Value
$14m
Shares
137,105
Held
Ishares TRSHYG
Share
8.4%
Value
$11m
Shares
265,076
Held
Ishares TRIGIB
Share
7.2%
Value
$10m
Shares
180,403
Held
American Centy ETF TRAVUV
Share
5.8%
Value
$8m
Shares
62,615
Held
Spdr Series TrustSPIB
Share
3.8%
Value
$5m
Shares
153,980
+4%
Spdr Series TrustBIL
Share
2.8%
Value
$4m
Shares
41,104
-3%
State STR Spdr S&P 500 ETF TSPY
Share
2.8%
Value
$4m
Shares
4,958
Held
Schwab Strategic TRSCHD
Share
2.4%
Value
$3m
Shares
102,366
Held
Legg Mason ETF InvtLVHI
Share
1.7%
Value
$2m
Shares
57,717
Held
Capital GRP Fixed Incm ETF TCGSD
Share
1.6%
Value
$2m
Shares
81,340
+9%
Ishares TRSGOV
Share
1.3%
Value
$2m
Shares
16,906
+76%
Ishares TRSHY
Share
1.1%
Value
$1m
Shares
18,001
Held
Janus Detroit STR TRJAAA
Share
1.1%
Value
$1m
Shares
28,429
Held
Ishares TRDGRO
Share
1.0%
Value
$1m
Shares
17,184
Held
AppleAAPL
Share
1.0%
Value
$1m
Shares
4,401
Held
American Centy ETF TRQGRO
Share
0.8%
Value
$1m
Shares
9,610
Held
Capital Group Dividend ValueCGDV
Share
0.8%
Value
$1m
Shares
22,580
+4%
3MMMM
Share
0.5%
Value
$664,459
Shares
4,104
Held
Vanguard Intl Equity Index FVWO
Share
0.5%
Value
$629,968
Shares
10,554
Held
International Business MachinesIBM
Share
0.4%
Value
$596,446
Shares
2,121
Held
Capital GRP Fixed Incm ETF TCGCB
Share
0.4%
Value
$534,045
Shares
20,399
Held
State STR Spdr DOW Jones INDDIA
Share
0.4%
Value
$533,954
Shares
1,022
Held
Capital GRP Fixed Incm ETF TCGMS
Share
0.4%
Value
$468,946
Shares
17,159
Held
JPMorgan ChaseJPM
Share
0.3%
Value
$466,994
Shares
1,427
-2%
American Centy ETF TRAVLV
Share
0.3%
Value
$459,087
Shares
5,033
New
Ishares TRIQLT
Share
0.3%
Value
$445,340
Shares
8,988
Held
Verizon CommunicationsVZ
Share
0.3%
Value
$390,045
Shares
9,212
Held
T-Mobile USTMUS
Share
0.3%
Value
$382,954
Shares
2,283
+10%
DeereDE
Share
0.3%
Value
$368,353
Shares
581
Held
AT&TT
Share
0.3%
Value
$343,806
Shares
16,609
Held
Fidelity Covington TrustFDHY
Share
0.2%
Value
$298,638
Shares
6,091
Held
American Centy ETF TRAVIV
Share
0.2%
Value
$266,632
Shares
3,444
Held
Vanguard World FDEDV
Share
0.2%
Value
$245,134
Shares
3,767
Held
Vanguard Scottsdale FDSVGSH
Share
0.2%
Value
$242,887
Shares
4,173
+5%
Cohen & Steers Total Return Realty FundRFI
Share
0.2%
Value
$233,087
Shares
20,591
+2%
NvidiaNVDA
Share
0.2%
Value
$216,594
Shares
1,082
New
FS Credit OpportunitiesFSCO
Share
<0.1%
Value
$70,572
Shares
14,143
+4%
Eagle Point CreditECC
Share
<0.1%
Value
$50,871
Shares
13,675
+5%
Carlyle Credit Income FundCCIF
Share
<0.1%
Value
$38,037
Shares
13,633
+4%

Company	Share of fund	Value	Shares	Change
Spdr Series TrustSPYV	14.8%	$20m	325,280	-3%
Vanguard Index FDSVOO	13.2%	$18m	25,809	Held
Schwab Strategic TRSCHF	12.3%	$16m	594,373	Held
Ishares TRAGG	10.1%	$14m	137,105	Held
Ishares TRSHYG	8.4%	$11m	265,076	Held
Ishares TRIGIB	7.2%	$10m	180,403	Held
American Centy ETF TRAVUV	5.8%	$8m	62,615	Held
Spdr Series TrustSPIB	3.8%	$5m	153,980	+4%
Spdr Series TrustBIL	2.8%	$4m	41,104	-3%
State STR Spdr S&P 500 ETF TSPY	2.8%	$4m	4,958	Held
Schwab Strategic TRSCHD	2.4%	$3m	102,366	Held
Legg Mason ETF InvtLVHI	1.7%	$2m	57,717	Held
Capital GRP Fixed Incm ETF TCGSD	1.6%	$2m	81,340	+9%
Ishares TRSGOV	1.3%	$2m	16,906	+76%
Ishares TRSHY	1.1%	$1m	18,001	Held
Janus Detroit STR TRJAAA	1.1%	$1m	28,429	Held
Ishares TRDGRO	1.0%	$1m	17,184	Held
AppleAAPL	1.0%	$1m	4,401	Held
American Centy ETF TRQGRO	0.8%	$1m	9,610	Held
Capital Group Dividend ValueCGDV	0.8%	$1m	22,580	+4%
3MMMM	0.5%	$664,459	4,104	Held
Vanguard Intl Equity Index FVWO	0.5%	$629,968	10,554	Held
International Business MachinesIBM	0.4%	$596,446	2,121	Held
Capital GRP Fixed Incm ETF TCGCB	0.4%	$534,045	20,399	Held
State STR Spdr DOW Jones INDDIA	0.4%	$533,954	1,022	Held
Capital GRP Fixed Incm ETF TCGMS	0.4%	$468,946	17,159	Held
JPMorgan ChaseJPM	0.3%	$466,994	1,427	-2%
American Centy ETF TRAVLV	0.3%	$459,087	5,033	New
Ishares TRIQLT	0.3%	$445,340	8,988	Held
Verizon CommunicationsVZ	0.3%	$390,045	9,212	Held
T-Mobile USTMUS	0.3%	$382,954	2,283	+10%
DeereDE	0.3%	$368,353	581	Held
AT&TT	0.3%	$343,806	16,609	Held
Fidelity Covington TrustFDHY	0.2%	$298,638	6,091	Held
American Centy ETF TRAVIV	0.2%	$266,632	3,444	Held
Vanguard World FDEDV	0.2%	$245,134	3,767	Held
Vanguard Scottsdale FDSVGSH	0.2%	$242,887	4,173	+5%
Cohen & Steers Total Return Realty FundRFI	0.2%	$233,087	20,591	+2%
NvidiaNVDA	0.2%	$216,594	1,082	New
FS Credit OpportunitiesFSCO	<0.1%	$70,572	14,143	+4%
Eagle Point CreditECC	<0.1%	$50,871	13,675	+5%
Carlyle Credit Income FundCCIF	<0.1%	$38,037	13,633	+4%

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 19.5% since 30 June 2025.

Where the money is

Technology1.6%

Media & telecom0.8%

Industrials0.8%

Financial services0.3%

Other96.5%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.