VALMARK ADVISERS, INC.

Filed: 2/7/2023ACC: 0001085146-23-000705

📋 What this filing means

VALMARK ADVISERS, INC. filed this quarterly 13F‑HR report disclosing 444 equity positions with a total reported market value of $4.33B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

444

Positions

$4.33B

Total AUM (reported)

90.41M

Total Shares

Allocation by class

VAN FTSE DEV MKT$397.72M9.2%

PRTFLO S&P500 VL$276.09M6.4%

PRTFLO S&P500 GW$224.19M5.2%

STRM INFPROIDX$220.39M5.1%

PORTFOLIO S&P400$215.36M5.0%

COM$180.60M4.2%

S&P 500 ETF SHS$169.78M3.9%

Portfolio Concentration

Top 3$897.99M20.7%

4–10$1.18B27.2%

11–25$1.07B24.6%

Rest$1.19B27.5%

Top 3 weight

20.7%

Top 10 weight

47.9%

Voting Authority Distribution

Total shares with voting rights: 90.41M

Sole

Full voting authority

17.48M

% of voting shares19.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

72.93M

% of voting shares80.7%

Investment Discretion (by position count)

Sole444

Shared0

Other0

Dominant voting typeNone · 80.7% of voting shares

Institutional Holdings444

Rows:

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares9.48M

TypeSH

Market value$397.72M

9.18%

Sole

2.67M

Shared

0.00

None

6.81M

SPDR SER TR

SOLE

PRTFLO S&P500 VL

Shares7.10M

TypeSH

Market value$276.09M

6.37%

Sole

1.08M

Shared

0.00

None

6.02M

SPDR SER TR

SOLE

PRTFLO S&P500 GW

Shares4.42M

TypeSH

Market value$224.19M

5.17%

Sole

486.10K

Shared

0.00

None

3.94M

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares4.72M

TypeSH

Market value$220.39M

5.09%

Sole

1.15M

Shared

0.00

None

3.56M

SPDR SER TR

SOLE

PORTFOLIO S&P400

Shares5.07M

TypeSH

Market value$215.36M

4.97%

Sole

1.78M

Shared

0.00

None

3.29M

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares483.24K

TypeSH

Market value$169.78M

3.92%

Sole

422.17K

Shared

0.00

None

61.07K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares4.03M

TypeSH

Market value$157.28M

3.63%

Sole

944.03K

Shared

0.00

None

3.09M

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares4.21M

TypeSH

Market value$155.65M

3.59%

Sole

1.57M

Shared

0.00

None

2.64M

SPDR SER TR

SOLE

PORTFOLIO SHORT

Shares4.88M

TypeSH

Market value$143.41M

3.31%

Sole

1.22M

Shared

0.00

None

3.66M

DBX ETF TR

SOLE

XTRACK USD HIGH

Shares3.42M

TypeSH

Market value$115.24M

2.66%

Sole

898.14K

Shared

0.00

None

2.52M

FLEXSHARES TR

SOLE

MORNSTAR UPSTR

Shares2.53M

TypeSH

Market value$109.77M

2.53%

Sole

721.78K

Shared

0.00

None

1.80M

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares1.88M

TypeSH

Market value$108.65M

2.51%

Sole

510.08K

Shared

0.00

None

1.37M

SPDR SER TR

SOLE

PORTFOLI S&P1500

Shares1.97M

TypeSH

Market value$93.07M

2.15%

Sole

0.00

Shared

0.00

None

1.97M

ISHARES TR

SOLE

USD INV GRDE ETF

Shares1.68M

TypeSH

Market value$82.67M

1.91%

Sole

0.00

Shared

0.00

None

1.68M

VANGUARD INTL EQUITY INDEX F

SOLE

GLB EX US ETF

Shares1.81M

TypeSH

Market value$74.91M

1.73%

Sole

604.21K

Shared

0.00

None

1.21M

VANECK ETF TRUST

SOLE

JP MRGAN EM LOC

Shares2.96M

TypeSH

Market value$71.72M

1.65%

Sole

743.95K

Shared

0.00

None

2.22M

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares818.87K

TypeSH

Market value$67.54M

1.56%

Sole

240.87K

Shared

0.00

None

578K

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares879.01K

TypeSH

Market value$66.17M

1.53%

Sole

0.00

Shared

0.00

None

879.01K

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares592.76K

TypeSH

Market value$62.49M

1.44%

Sole

351.86K

Shared

0.00

None

240.90K

ISHARES TR

SOLE

S&P 500 VAL ETF

Shares403.83K

TypeSH

Market value$58.58M

1.35%

Sole

0.00

Shared

0.00

None

403.83K

SPDR SER TR

SOLE

BLOOMBERG INVT

Shares1.87M

TypeSH

Market value$56.92M

1.31%

Sole

351.73K

Shared

0.00

None

1.52M

WISDOMTREE TR

SOLE

EM EX ST-OWNED

Shares2.11M

TypeSH

Market value$56.39M

1.30%

Sole

762.81K

Shared

0.00

None

1.35M

ISHARES TR

SOLE

S&P 500 GRWT ETF

Shares912.30K

TypeSH

Market value$53.37M

1.23%

Sole

0.00

Shared

0.00

None

912.30K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares215.61K

TypeSH

Market value$52.15M

1.20%

Sole

0.00

Shared

0.00

None

215.61K

WISDOMTREE TR

SOLE

TARGET RANGE FD

Shares2.47M

TypeSH

Market value$52.02M

1.20%

Sole

0.00

Shared

0.00

None

2.47M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	9.48M	SH	$397.72M 9.18%	2.67M	6.81M
SPDR SER TRSOLE	PRTFLO S&P500 VL	7.10M	SH	$276.09M 6.37%	1.08M	6.02M
SPDR SER TRSOLE	PRTFLO S&P500 GW	4.42M	SH	$224.19M 5.17%	486.10K	3.94M
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	4.72M	SH	$220.39M 5.09%	1.15M	3.56M
SPDR SER TRSOLE	PORTFOLIO S&P400	5.07M	SH	$215.36M 4.97%	1.78M	3.29M
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	483.24K	SH	$169.78M 3.92%	422.17K	61.07K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	4.03M	SH	$157.28M 3.63%	944.03K	3.09M
SPDR SER TRSOLE	PORTFOLIO S&P600	4.21M	SH	$155.65M 3.59%	1.57M	2.64M
SPDR SER TRSOLE	PORTFOLIO SHORT	4.88M	SH	$143.41M 3.31%	1.22M	3.66M
DBX ETF TRSOLE	XTRACK USD HIGH	3.42M	SH	$115.24M 2.66%	898.14K	2.52M
FLEXSHARES TRSOLE	MORNSTAR UPSTR	2.53M	SH	$109.77M 2.53%	721.78K	1.80M
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	1.88M	SH	$108.65M 2.51%	510.08K	1.37M
SPDR SER TRSOLE	PORTFOLI S&P1500	1.97M	SH	$93.07M 2.15%	0.00	1.97M
ISHARES TRSOLE	USD INV GRDE ETF	1.68M	SH	$82.67M 1.91%	0.00	1.68M
VANGUARD INTL EQUITY INDEX FSOLE	GLB EX US ETF	1.81M	SH	$74.91M 1.73%	604.21K	1.21M
VANECK ETF TRUSTSOLE	JP MRGAN EM LOC	2.96M	SH	$71.72M 1.65%	743.95K	2.22M
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	818.87K	SH	$67.54M 1.56%	240.87K	578K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	879.01K	SH	$66.17M 1.53%	0.00	879.01K
ISHARES TRSOLE	IBOXX INV CP ETF	592.76K	SH	$62.49M 1.44%	351.86K	240.90K
ISHARES TRSOLE	S&P 500 VAL ETF	403.83K	SH	$58.58M 1.35%	0.00	403.83K
SPDR SER TRSOLE	BLOOMBERG INVT	1.87M	SH	$56.92M 1.31%	351.73K	1.52M
WISDOMTREE TRSOLE	EM EX ST-OWNED	2.11M	SH	$56.39M 1.30%	762.81K	1.35M
ISHARES TRSOLE	S&P 500 GRWT ETF	912.30K	SH	$53.37M 1.23%	0.00	912.30K
ISHARES TRSOLE	CORE S&P MCP ETF	215.61K	SH	$52.15M 1.20%	0.00	215.61K
WISDOMTREE TRSOLE	TARGET RANGE FD	2.47M	SH	$52.02M 1.20%	0.00	2.47M

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