Freestate Advisors LLC
CIK
1660328
Location
OVERLAND PARK, KS
Portfolio Value
Micro
$8,929,565
Diversification
Moderately concentrated
Filing Date
Global Rank
#8,166
/ 8,603
▲ 41
· as of Mar 2026
Top Industry
Telecom Services
26.3%
3Y Alpha vs SPY
-3.3%
Period ended 3 months ago
Filed Apr 9, 2026 · 3mo
13 quarters · since Jun 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+63.0%
SPY
+76.0%
Annualised alpha
-3.0%
Max drawdown
−18.4%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
16 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
35.9%
−1.0 pts
Top 5
66.2%
−1.1 pts
Top 10
90.0%
+1.8 pts
HHI
1,688
Moderately concentrated−43
Portfolio Trend
13 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 41.2% | $3,674,914 |
| Technology | 18.3% | $1,629,769 |
| Communication Services | 15.5% | $1,381,154 |
| Industrials | 10.3% | $922,173 |
| Financial Services | 9.1% | $815,152 |
| Basic Materials | 3.0% | $264,602 |
| Consumer Cyclical | 2.7% | $241,801 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
8 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ECC | Eagle Point Credit Co | +1,150 | 13,082 | $49,188 | |
| CCIF | Carlyle Credit Income Fund | +909 | 13,145 | $42,195 | |
| FSCO | FS Credit Opportunities Corp. | +475 | 13,663 | $69,681 | |
| RFI | Cohen & Steers Total Return Realty Fund Inc | +421 | 20,163 | $224,615 | |
| DIA | Spdr Dow Jones Industrial Average ETF Trust | +4 | 1,019 | $471,990 | |
| AAPL | Apple Inc. | +3 | 4,396 | $1,115,660 | |
| DE | Deere & Co | +2 | 579 | $326,150 | |
| VZ | Verizon Communications Inc | +2 | 9,210 | $462,342 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DOW | Dow Inc. | 6,353 | $264,602 | |
| No positions match the current search. | ||||
16 positions ·
$8,929,565 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Financial Services
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 4,925 | $3,202,924 | 35.87% | |
| AAPL |
Apple Inc.
Technology
|
Added | 4,396 | $1,115,660 | 12.49% | |
| MMM |
3M Co
Industrials
|
Held | 4,104 | $596,023 | 6.67% | |
| IBM |
International Business Machines Corp
Technology
|
Held | 2,121 | $514,109 | 5.76% | |
| T |
At&T Inc.
Communication Services
|
Reduced | 16,603 | $481,320 | 5.39% | |
| DIA |
Spdr Dow Jones Industrial Average ETF Trust
|
Added | 1,019 | $471,990 | 5.29% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Added | 9,210 | $462,342 | 5.18% | |
| TMUS |
T-Mobile US, Inc.
Communication Services
|
Reduced | 2,083 | $437,492 | 4.90% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 1,460 | $429,473 | 4.81% | |
| DE |
Deere & Co
Industrials
|
Added | 579 | $326,150 | 3.65% | |
| DOW |
Dow Inc.
Basic Materials
|
NEW | 6,353 | $264,602 | 2.96% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Held | 1,161 | $241,801 | 2.71% | |
| RFI |
Cohen & Steers Total Return Realty Fund Inc
Financial Services
|
Added | 20,163 | $224,615 | 2.52% | |
| FSCO |
FS Credit Opportunities Corp.
Financial Services
|
Added | 13,663 | $69,681 | 0.78% | |
| ECC |
Eagle Point Credit Co
Financial Services
|
Added | 13,082 | $49,188 | 0.55% | |
| CCIF |
Carlyle Credit Income Fund
Financial Services
|
Added | 13,145 | $42,195 | 0.47% |