Freestate Advisors 13F annual report

Freestate Advisors is an investment fund managing more than $88.2 million ran by Melinda Parks. There are currently 4 companies in Mrs. Parks’s portfolio. The largest investments include State Street Global Advisors and State Street Global Advisors, together worth $49.5 million.

$88.2 million Assets Under Management (AUM)

As of 5th October 2021, Freestate Advisors’s top holding is 774,166 shares of State Street Global Advisors currently worth over $37.7 million and making up 42.8% of the portfolio value. Relative to the number of outstanding shares of State Street Global Advisors, Freestate Advisors owns more than approximately 0.1% of the company. In addition, the fund holds 27,350 shares of State Street Global Advisors worth $11.7 million, whose value fell 0.2% in the past six months. The third-largest holding is Vanguard worth $9.67 million and the next is Ishares By Blackrock worth $29 million, with 356,426 shares owned.

Currently, Freestate Advisors's portfolio is worth at least $88.2 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Freestate Advisors

The Freestate Advisors office and employees reside in Overland Park, Kansas. According to the last 13-F report filed with the SEC, Melinda Parks serves as the Chief Compliance Officer at Freestate Advisors.

Recent trades

In the most recent 13F filing, Freestate Advisors revealed that it had opened a new position in State Street Global Advisors and bought 27,350 shares worth $11.7 million. This means they effectively own approximately 0.1% of the company. State Street Global Advisors makes up 23.7% of the fund's Miscellaneous sector allocation and has grown its share price by 33.1% in the past year.

The investment fund also strengthened its position in State Street Global Advisors by buying 106,292 additional shares. This makes their stake in State Street Global Advisors total 774,166 shares worth $37.7 million. State Street Global Advisors soared 33.1% in the past year.

On the other hand, there are companies that Freestate Advisors is getting rid of from its portfolio. Freestate Advisors closed its position in Invesco Ltd on 12th October 2021. It sold the previously owned 30,624 shares for $9.77 million. Melinda Parks also disclosed a decreased stake in Ishares By Blackrock by 0.2%. This leaves the value of the investment at $29 million and 356,426 shares.

One of the smallest hedge funds

The two most similar investment funds to Freestate Advisors are Quantinno Capital Management L.P. and Highline Capital Management, L.P.. They manage $88.2 million and $88.1 million respectively.

Melinda Parks investment strategy

Freestate Advisors’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Miscellaneous — making up 56.1% of the total portfolio value. The fund focuses on investments in the Unknown as 100.0% of the portfolio companies are based in the Unknown.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 50% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $0.

The complete list of Freestate Advisors trades based on 13F SEC filings

These positions were updated on October 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
State Street Global Advisors	15.91% 774,166	$37,735,000	42.80%
State Street Global Advisors	Opened 27,350	$11,737,000	13.31%
Invesco Ltd	Closed 30,624	$9,773,000
Vanguard	Opened 183,933	$9,671,000	10.97%
Ishares By Blackrock	Closed 43,053	$9,512,000
Ishares By Blackrock	16.32% 356,426	$29,024,000	32.92%
No transactions found
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