Instuitional Investor - Freestate Advisors Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust		350,164	$17,907,382	18.51%
2.	Ishares Tr		254,835	$13,126,533	13.56%
3.	Schwab Strategic Trust	FNDF	518,020	$9,583,361	9.9%
4.	Spdr S & P 500 Etf Trust	SPY	15,531	$9,102,287	9.4%
5.	Ishares Trust	IEF	88,822	$8,606,825	8.89%