1y return+11.4%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since September 30, 2024: $114 against $130 in the S&P 500.2
Freestate Advisors LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SPYVSpdr Series Trust | $19.8M | 14.8% | −2.9% |
| VOOVanguard Index Fds | $17.7M | 13.2% | +1.7% |
| SCHFSchwab Strategic Tr | $16.5M | 12.3% | |
| AGGIshares Tr | $13.6M | 10.1% | +1.4% |
| SHYGIshares Tr | $11.2M | 8.4% | +1.4% |
| IGIBIshares Tr | $9.6M | 7.2% | |
| AVUVAmerican Centy Etf Tr | $7.8M | 5.8% | |
| SPIBSpdr Series Trust | $5.2M | 3.8% | +3.9% |
| BILSpdr Series Trust | $3.8M | 2.8% | −2.6% |
| SPYState Str Spdr S&p 500 Etf T | $3.7M | 2.8% | |
| SCHDSchwab Strategic Tr | $3.2M | 2.4% | |
| LVHILegg Mason Etf Invt | $2.3M | 1.7% | +1.7% |
| CGSDCapital Grp Fixed Incm Etf T | $2.1M | 1.6% | +9.1% |
| SGOVIshares Tr | $1.7M | 1.3% | +76.0% |
| SHYIshares Tr | $1.5M | 1.1% | |
| JAAAJanus Detroit Str Tr | $1.4M | 1.1% | +1.1% |
| DGROIshares Tr | $1.3M | 1.0% | |
| AAPLApple Inc | $1.3M | 1.0% | |
| QGROAmerican Centy Etf Tr | $1.1M | 0.8% | |
| CGDVCapital Group Dividend Value | $1.1M | 0.8% | +3.9% |
| MMM3m Co | $664K | 0.5% | |
| VWOVanguard Intl Equity Index F | $630K | 0.5% | +1.8% |
| IBMInternational Business Machs | $596K | 0.4% | |
| CGCBCapital Grp Fixed Incm Etf T | $534K | 0.4% | |
| DIAState Str Spdr Dow Jones Ind | $534K | 0.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| JPMJpmorgan Chase & Co | September 30, 2024 | +55.2% | $467K |
| DEDeere & Co | September 30, 2024 | +52.0% | $368K |
| SCHFSchwab Strategic Tr | September 30, 2024 | +34.7% | $16.5M |
| LVHILegg Mason Etf Invt | September 30, 2024 | +30.6% | $2.3M |
| VOOVanguard Index Fds | September 30, 2024 | +30.2% | $17.7M |
| SPYState Str Spdr S&p 500 Etf T | September 30, 2024 | +30.2% | $3.7M |
| AVUVAmerican Centy Etf Tr | September 30, 2024 | +30.0% | $7.8M |
| QGROAmerican Centy Etf Tr | September 30, 2024 | +29.6% | $1.1M |
| IBMInternational Business Machs | September 30, 2024 | +27.2% | $596K |
| CGDVCapital Group Dividend Value | June 30, 2025 | +24.8% | $1.1M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +6.0% | +14.8% |
| March 31, 2026 | −0.1% | −4.6% |
| December 31, 2025 | +1.2% | +2.4% |
| September 30, 2025 | +4.0% | +7.8% |
| June 30, 2025 | +4.6% | +10.5% |
| March 31, 2025 | +0.3% | −4.6% |
| December 31, 2024 | −2.6% | +2.1% |
| December 31, 2021 | +5.4% | +10.7% |
| September 30, 2021 | −0.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Freestate Advisors LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1660328&type=13F-HR&dateb=&owner=include&count=40CIK 1660328
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1660328/000166032826000004/Filed July 9, 2026 · accession 0001660328-26-000004