VALMARK ADVISERS, INC.

Filed: 5/2/2023ACC: 0001085146-23-001999

📋 What this filing means

VALMARK ADVISERS, INC. filed this quarterly 13F‑HR report disclosing 473 equity positions with a total reported market value of $4.64B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

473

Positions

$4.64B

Total AUM (reported)

93.56M

Total Shares

Allocation by class

VAN FTSE DEV MKT$433.66M9.3%

PRTFLO S&P500 VL$296.22M6.4%

PRTFLO S&P500 GW$257.00M5.5%

STRM INFPROIDX$232.59M5.0%

PORTFOLIO S&P400$230.63M5.0%

COM$198.66M4.3%

S&P 500 ETF SHS$182.64M3.9%

Portfolio Concentration

Top 3$986.87M21.2%

4–10$1.23B26.6%

11–25$1.13B24.4%

Rest$1.29B27.8%

Top 3 weight

21.2%

Top 10 weight

47.8%

Voting Authority Distribution

Total shares with voting rights: 93.56M

Sole

Full voting authority

17.46M

% of voting shares18.7%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

76.10M

% of voting shares81.3%

Investment Discretion (by position count)

Sole473

Shared0

Other0

Dominant voting typeNone · 81.3% of voting shares

Institutional Holdings473

Rows:

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares9.60M

TypeSH

Market value$433.66M

9.34%

Sole

2.59M

Shared

0.00

None

7.01M

SPDR SER TR

SOLE

PRTFLO S&P500 VL

Shares7.27M

TypeSH

Market value$296.22M

6.38%

Sole

1.07M

Shared

0.00

None

6.21M

SPDR SER TR

SOLE

PRTFLO S&P500 GW

Shares4.64M

TypeSH

Market value$257.00M

5.53%

Sole

467.85K

Shared

0.00

None

4.17M

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares4.86M

TypeSH

Market value$232.59M

5.01%

Sole

1.15M

Shared

0.00

None

3.71M

SPDR SER TR

SOLE

PORTFOLIO S&P400

Shares5.25M

TypeSH

Market value$230.63M

4.97%

Sole

1.80M

Shared

0.00

None

3.45M

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares485.66K

TypeSH

Market value$182.64M

3.93%

Sole

411.54K

Shared

0.00

None

74.11K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares4.40M

TypeSH

Market value$166.08M

3.58%

Sole

1.61M

Shared

0.00

None

2.78M

SPDR SER TR

SOLE

PORTFOLIO SHORT

Shares5.09M

TypeSH

Market value$150.69M

3.24%

Sole

1.22M

Shared

0.00

None

3.86M

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares3.65M

TypeSH

Market value$147.35M

3.17%

Sole

941.28K

Shared

0.00

None

2.71M

DBX ETF TR

SOLE

XTRACK USD HIGH

Shares3.56M

TypeSH

Market value$123.55M

2.66%

Sole

901.01K

Shared

0.00

None

2.65M

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares1.94M

TypeSH

Market value$113.64M

2.45%

Sole

503.83K

Shared

0.00

None

1.44M

FLEXSHARES TR

SOLE

MORNSTAR UPSTR

Shares2.63M

TypeSH

Market value$111.06M

2.39%

Sole

772.05K

Shared

0.00

None

1.85M

SPDR SER TR

SOLE

PORTFOLI S&P1500

Shares2.06M

TypeSH

Market value$103.86M

2.24%

Sole

0.00

Shared

0.00

None

2.06M

ISHARES TR

SOLE

USD INV GRDE ETF

Shares1.90M

TypeSH

Market value$96.10M

2.07%

Sole

0.00

Shared

0.00

None

1.90M

VANECK ETF TRUST

SOLE

JP MRGAN EM LOC

Shares3.06M

TypeSH

Market value$77.24M

1.66%

Sole

733.90K

Shared

0.00

None

2.32M

VANGUARD INTL EQUITY INDEX F

SOLE

GLB EX US ETF

Shares1.90M

TypeSH

Market value$76.93M

1.66%

Sole

630.78K

Shared

0.00

None

1.27M

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares867.43K

TypeSH

Market value$72.03M

1.55%

Sole

253.33K

Shared

0.00

None

614.10K

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares899.47K

TypeSH

Market value$68.80M

1.48%

Sole

0.00

Shared

0.00

None

899.47K

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares561.10K

TypeSH

Market value$61.50M

1.32%

Sole

350.84K

Shared

0.00

None

210.26K

ISHARES TR

SOLE

S&P 500 VAL ETF

Shares398.76K

TypeSH

Market value$60.52M

1.30%

Sole

0.00

Shared

0.00

None

398.76K

WISDOMTREE TR

SOLE

EM EX ST-OWNED

Shares2.16M

TypeSH

Market value$60.08M

1.29%

Sole

762.27K

Shared

0.00

None

1.40M

WISDOMTREE TR

SOLE

TARGET RANGE FD

Shares2.76M

TypeSH

Market value$59.21M

1.27%

Sole

0.00

Shared

0.00

None

2.76M

SPDR SER TR

SOLE

BLOOMBERG INVT

Shares1.95M

TypeSH

Market value$59.20M

1.27%

Sole

358.79K

Shared

0.00

None

1.59M

ISHARES TR

SOLE

S&P 500 GRWT ETF

Shares911.06K

TypeSH

Market value$58.21M

1.25%

Sole

0.00

Shared

0.00

None

911.06K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares214.86K

TypeSH

Market value$53.75M

1.16%

Sole

0.00

Shared

0.00

None

214.86K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	9.60M	SH	$433.66M 9.34%	2.59M	7.01M
SPDR SER TRSOLE	PRTFLO S&P500 VL	7.27M	SH	$296.22M 6.38%	1.07M	6.21M
SPDR SER TRSOLE	PRTFLO S&P500 GW	4.64M	SH	$257.00M 5.53%	467.85K	4.17M
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	4.86M	SH	$232.59M 5.01%	1.15M	3.71M
SPDR SER TRSOLE	PORTFOLIO S&P400	5.25M	SH	$230.63M 4.97%	1.80M	3.45M
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	485.66K	SH	$182.64M 3.93%	411.54K	74.11K
SPDR SER TRSOLE	PORTFOLIO S&P600	4.40M	SH	$166.08M 3.58%	1.61M	2.78M
SPDR SER TRSOLE	PORTFOLIO SHORT	5.09M	SH	$150.69M 3.24%	1.22M	3.86M
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	3.65M	SH	$147.35M 3.17%	941.28K	2.71M
DBX ETF TRSOLE	XTRACK USD HIGH	3.56M	SH	$123.55M 2.66%	901.01K	2.65M
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	1.94M	SH	$113.64M 2.45%	503.83K	1.44M
FLEXSHARES TRSOLE	MORNSTAR UPSTR	2.63M	SH	$111.06M 2.39%	772.05K	1.85M
SPDR SER TRSOLE	PORTFOLI S&P1500	2.06M	SH	$103.86M 2.24%	0.00	2.06M
ISHARES TRSOLE	USD INV GRDE ETF	1.90M	SH	$96.10M 2.07%	0.00	1.90M
VANECK ETF TRUSTSOLE	JP MRGAN EM LOC	3.06M	SH	$77.24M 1.66%	733.90K	2.32M
VANGUARD INTL EQUITY INDEX FSOLE	GLB EX US ETF	1.90M	SH	$76.93M 1.66%	630.78K	1.27M
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	867.43K	SH	$72.03M 1.55%	253.33K	614.10K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	899.47K	SH	$68.80M 1.48%	0.00	899.47K
ISHARES TRSOLE	IBOXX INV CP ETF	561.10K	SH	$61.50M 1.32%	350.84K	210.26K
ISHARES TRSOLE	S&P 500 VAL ETF	398.76K	SH	$60.52M 1.30%	0.00	398.76K
WISDOMTREE TRSOLE	EM EX ST-OWNED	2.16M	SH	$60.08M 1.29%	762.27K	1.40M
WISDOMTREE TRSOLE	TARGET RANGE FD	2.76M	SH	$59.21M 1.27%	0.00	2.76M
SPDR SER TRSOLE	BLOOMBERG INVT	1.95M	SH	$59.20M 1.27%	358.79K	1.59M
ISHARES TRSOLE	S&P 500 GRWT ETF	911.06K	SH	$58.21M 1.25%	0.00	911.06K
ISHARES TRSOLE	CORE S&P MCP ETF	214.86K	SH	$53.75M 1.16%	0.00	214.86K

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