Freestate Advisors LLC

CIK

1660328

Location

OVERLAND PARK, KS

Portfolio Value

Small $126,547,541

Diversification

Moderately concentrated

Filing Date

Global Rank

#7,761 / 8,819 ▼ 231 · as of Jun 2026

Top Industry

Consumer Electronics 27.8%

Period ended 29 days ago

Filed Oct 9, 2026 · 20d

16 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 93.9% of the book (60%+)

Turnover

Low turnover

7.1% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 7.8 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 89.5%; sector active share 83.3% against the combined 13F book's sector weights.

Over time 15 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

43 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

29.3%

−0.1 pts

Top 5

84.1%

+0.9 pts

Top 10

93.5%

−0.4 pts

HHI

1,684

Moderately concentrated+1

Portfolio Trend

16 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	95.7%	$121,150,737	30
Technology	1.7%	$2,214,273	3
Communication Services	1.0%	$1,273,549	3
Industrials	0.8%	$1,064,513	2
Financial Services	0.7%	$844,469	5

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AVLV	Avantis U.S. Large Cap Value ETF	+15,386	20,419	$1,846,694
CGSD	Capital Group Short Duration Income ETF	+4,817	86,157	$2,175,464
SGOV	iShares 0-3 Month Treasury Bond ETF	+4,064	20,970	$2,111,259
VZ	Verizon Communications Inc	+1,688	10,900	$499,983
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+1,660	12,214	$724,412
CCIF	Carlyle Credit Income Fund	+1,252	14,885	$36,170
ECC	Eagle Point Credit Co	+656	14,331	$49,585
JAAA	Janus Henderson AAA CLO ETF	+522	28,951	$1,461,156
FSCO	FS Credit Opportunities Corp.	+498	14,641	$75,547
RFI	Cohen & Steers Total Return Realty Fund Inc	+445	21,036	$220,667
CGDV	Capital Group Dividend Value ETF	+382	22,962	$1,121,693
CGMS	Capital Group U.S. Multi-Sector Income ETF	+203	17,362	$455,405
AAPL	Apple Inc.	+104	4,505	$1,500,255
FDHY	Fidelity Enhanced High Yield ETF	+80	6,171	$293,122
DGRO	iShares Core Dividend Growth ETF	+71	17,255	$1,300,854
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	+48	4,221	$242,960
CGCB	Capital Group Fixed Income ETF Trust	+29	20,428	$510,291
IQLT	iShares MSCI Intl Quality Factor ETF	+19	9,007	$445,576
AVIV	Avantis International Large Cap Value ETF	+11	3,455	$275,121
EDV	Vanguard World Fund	+9	3,776	$209,379
QGRO	American Century U.S. Quality Growth ETF	+6	9,616	$1,127,283
DIA	Spdr Dow Jones Industrial Average ETF Trust	+4	1,026	$521,772
T	At&T Inc.	+3	16,612	$405,332
IBM	International Business Machines Corp	+2	2,123	$466,911
DE	Deere & Co	+1	582	$390,842
No positions match the current search.

Trimmed

Positions the filer reduced

15 positions

Ticker	Company	Δ Shares	Shares	Value
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	−27,856	297,424	$18,181,529
SCHF	Schwab International Equity ETF	−26,004	568,369	$15,613,096
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	−10,308	170,095	$8,564,283
SPIB	State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF	−8,294	145,686	$4,702,744
AGG	iShares Core U.S. Aggregate Bond ETF	−6,339	130,766	$12,362,617
AVUV	Avantis U.S. Small Cap Value ETF	−3,913	58,702	$6,913,334
SCHD	Schwab U.S. Dividend Equity ETF	−3,794	98,572	$3,206,547
—		−3,549	37,555	$0
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	−1,848	263,228	$10,858,155
LVHI	Franklin International Low Volatility High Dividend Index ETF	−1,252	56,465	$2,355,155
SPY	Spdr S&P 500 ETF Trust	−1,026	3,932	$2,998,661
VOO	VANGUARD 500 INDEX FUND	−894	24,915	$17,461,926
SHY	iShares 1-3 Year Treasury Bond ETF	−409	17,592	$1,428,470
JPM	Jpmorgan Chase & Co	−29	1,398	$462,500
TMUS	T-Mobile US, Inc.	−25	2,258	$368,234
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
MGV	VANGUARD MEGA CAP VALUE INDEX FUND	10,440	$1,681,779
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

43 tracked positions · $126,547,541 total · filing declares 43 positions · $129,988,761 · as of Sep 30, 2026

All sectors Communication Services Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	Reduced	297,424	-27,856	$18,181,529	−8.1%	14.37%
VOO	VANGUARD 500 INDEX FUND	Reduced	24,915	-894	$17,461,926	−1.5%	13.80%
SCHF	Schwab International Equity ETF	Reduced	568,369	-26,004	$15,613,096	−5.2%	12.34%
AGG	iShares Core U.S. Aggregate Bond ETF	Reduced	130,766	-6,339	$12,362,617	−8.9%	9.77%
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	Reduced	263,228	-1,848	$10,858,155	−3.4%	8.58%
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	Reduced	170,095	-10,308	$8,564,283	−10.7%	6.77%
AVUV	Avantis U.S. Small Cap Value ETF	Reduced	58,702	-3,913	$6,913,334	−11.5%	5.46%
SPIB	State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF	Reduced	145,686	-8,294	$4,702,744	−8.7%	3.72%
SCHD	Schwab U.S. Dividend Equity ETF	Reduced	98,572	-3,794	$3,206,547	−1.2%	2.53%
SPY	Spdr S&P 500 ETF Trust	Reduced	3,932	-1,026	$2,998,661	−19.0%	2.37%
LVHI	Franklin International Low Volatility High Dividend Index ETF	Reduced	56,465	-1,252	$2,355,155	+0.5%	1.86%
CGSD	Capital Group Short Duration Income ETF	Added	86,157	+4,817	$2,175,464	+3.9%	1.72%
SGOV	iShares 0-3 Month Treasury Bond ETF	Added	20,970	+4,064	$2,111,259	+24.1%	1.67%
AVLV	Avantis U.S. Large Cap Value ETF	Added	20,419	+15,386	$1,846,694	+302.3%	1.46%
MGV	VANGUARD MEGA CAP VALUE INDEX FUND	NEW	10,440	NEW	$1,681,779	NEW	1.33%
AAPL	Apple Inc. Technology	Added	4,505	+104	$1,500,255	+17.8%	1.19%
JAAA	Janus Henderson AAA CLO ETF	Added	28,951	+522	$1,461,156	+1.8%	1.15%
SHY	iShares 1-3 Year Treasury Bond ETF	Reduced	17,592	-409	$1,428,470	−3.4%	1.13%
DGRO	iShares Core Dividend Growth ETF	Added	17,255	+71	$1,300,854	−0.1%	1.03%
QGRO	American Century U.S. Quality Growth ETF	Added	9,616	+6	$1,127,283	−0.6%	0.89%
CGDV	Capital Group Dividend Value ETF	Added	22,962	+382	$1,121,693	+0.8%	0.89%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	12,214	+1,660	$724,412	+15.0%	0.57%
MMM	3M Co Industrials	Held	4,104	0	$673,671	+1.4%	0.53%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	1,026	+4	$521,772	−2.3%	0.41%
CGCB	Capital Group Fixed Income ETF Trust	Added	20,428	+29	$510,291	−4.4%	0.40%
VZ	Verizon Communications Inc Communication Services	Added	10,900	+1,688	$499,983	+28.2%	0.40%
IBM	International Business Machines Corp Technology	Added	2,123	+2	$466,911	−21.7%	0.37%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	1,398	-29	$462,500	−1.0%	0.37%
CGMS	Capital Group U.S. Multi-Sector Income ETF	Added	17,362	+203	$455,405	−2.9%	0.36%
IQLT	iShares MSCI Intl Quality Factor ETF	Added	9,007	+19	$445,576	+0.0%	0.35%
T	At&T Inc. Communication Services	Added	16,612	+3	$405,332	+17.9%	0.32%
DE	Deere & Co Industrials	Added	582	+1	$390,842	+6.1%	0.31%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	2,258	-25	$368,234	−3.8%	0.29%
FDHY	Fidelity Enhanced High Yield ETF	Added	6,171	+80	$293,122	−1.8%	0.23%
AVIV	Avantis International Large Cap Value ETF	Added	3,455	+11	$275,121	+3.2%	0.22%
NVDA	Nvidia Corp Technology	Held	1,082	0	$247,107	+14.1%	0.20%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Added	4,221	+48	$242,960	+0.0%	0.19%
RFI	Cohen & Steers Total Return Realty Fund Inc Financial Services	Added	21,036	+445	$220,667	−5.3%	0.17%
EDV	Vanguard World Fund	Added	3,776	+9	$209,379	−14.6%	0.17%
FSCO	FS Credit Opportunities Corp. Financial Services	Added	14,641	+498	$75,547	+7.0%	0.06%
ECC	Eagle Point Credit Co Financial Services	Added	14,331	+656	$49,585	−2.5%	0.04%
CCIF	Carlyle Credit Income Fund Financial Services	Added	14,885	+1,252	$36,170	−4.9%	0.03%
		Reduced	37,555	-3,549	$0	−100.0%	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.