Instuitional Investor - Freestate Advisors Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust		342,740	$18,963,810	15.91%
2.	Vanguard Index Fds - S&P 500 ETF SHS		26,238	$16,067,538	13.48%
3.	Schwab Strategic Trust	FNDF	614,482	$14,305,135	12%
4.	Ishares Trust	IEF	127,161	$12,747,919	10.69%
5.	Ishares Tr		250,361	$10,840,624	9.09%