VALMARK ADVISERS, INC.

Filed: 10/24/2025ACC: 0001380443-25-000005

📋 What this filing means

VALMARK ADVISERS, INC. filed this quarterly 13F‑HR report disclosing 645 equity positions with a total reported market value of $7.74B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

645

Positions

$7.74B

Total AUM (reported)

133.48M

Total Shares

Allocation by class

VAN FTSE DEV MKT$704.44M9.1%

PRTFLO S&P500 GW$485.45M6.3%

PRTFLO S&P500 VL$470.76M6.1%

PORTFOLIO S&P400$391.01M5.1%

S&P 500 ETF SHS$346.67M4.5%

STRM INFPROIDX$324.11M4.2%

COM$319.45M4.1%

Portfolio Concentration

Top 3$1.66B21.5%

4–10$2.03B26.2%

11–25$1.71B22.2%

Rest$2.34B30.2%

Top 3 weight

21.5%

Top 10 weight

47.6%

Voting Authority Distribution

Total shares with voting rights: 133.48M

Sole

Full voting authority

22.67M

% of voting shares17.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

110.82M

% of voting shares83.0%

Investment Discretion (by position count)

Sole645

Shared0

Other0

Dominant voting typeNone · 83.0% of voting shares

Institutional Holdings645

Rows:

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares11.76M

TypeSH

Market value$704.44M

9.10%

Sole

3.27M

Shared

0.00

None

8.49M

SPDR SERIES TRUST

SOLE

PRTFLO S&P500 GW

Shares4.65M

TypeSH

Market value$485.45M

6.27%

Sole

441.14K

Shared

0.00

None

4.20M

SPDR SERIES TRUST

SOLE

PRTFLO S&P500 VL

Shares8.51M

TypeSH

Market value$470.76M

6.08%

Sole

1.16M

Shared

0.00

None

7.35M

SPDR SERIES TRUST

SOLE

PORTFOLIO S&P400

Shares6.84M

TypeSH

Market value$391.01M

5.05%

Sole

2.26M

Shared

0.00

None

4.58M

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares566.11K

TypeSH

Market value$346.67M

4.48%

Sole

407.83K

Shared

0.00

None

158.28K

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares6.40M

TypeSH

Market value$324.11M

4.19%

Sole

1.47M

Shared

0.00

None

4.93M

SPDR SERIES TRUST

SOLE

PORTFOLIO SHORT

Shares8.40M

TypeSH

Market value$254.35M

3.29%

Sole

1.88M

Shared

0.00

None

6.51M

SPDR SERIES TRUST

SOLE

PORTFOLIO S&P600

Shares5.32M

TypeSH

Market value$246.23M

3.18%

Sole

1.63M

Shared

0.00

None

3.68M

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares4.34M

TypeSH

Market value$235.35M

3.04%

Sole

1.04M

Shared

0.00

None

3.30M

SPDR SERIES TRUST

SOLE

PORTFOLI S&P1500

Shares2.82M

TypeSH

Market value$227.32M

2.94%

Sole

0.00

Shared

0.00

None

2.82M

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares3.01M

TypeSH

Market value$180.89M

2.34%

Sole

590.95K

Shared

0.00

None

2.42M

DBX ETF TR

SOLE

XTRACK USD HIGH

Shares4.87M

TypeSH

Market value$180.82M

2.34%

Sole

1.17M

Shared

0.00

None

3.70M

FLEXSHARES TR

SOLE

MORNSTAR UPSTR

Shares3.54M

TypeSH

Market value$154.83M

2.00%

Sole

1.17M

Shared

0.00

None

2.36M

ISHARES TR

SOLE

GLOBAL REIT ETF

Shares6.05M

TypeSH

Market value$154.52M

2.00%

Sole

2.11M

Shared

0.00

None

3.94M

ISHARES TR

SOLE

USD INV GRDE ETF

Shares2.93M

TypeSH

Market value$152.96M

1.98%

Sole

0.00

Shared

0.00

None

2.93M

ISHARES INC

SOLE

MSCI EMRG CHN

Shares1.76M

TypeSH

Market value$118.57M

1.53%

Sole

648.17K

Shared

0.00

None

1.11M

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares1.46M

TypeSH

Market value$115.33M

1.49%

Sole

0.00

Shared

0.00

None

1.46M

VANECK ETF TRUST

SOLE

JP MRGAN EM LOC

Shares4.27M

TypeSH

Market value$108.91M

1.41%

Sole

995.14K

Shared

0.00

None

3.27M

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares836.22K

TypeSH

Market value$93.21M

1.20%

Sole

462.56K

Shared

0.00

None

373.65K

ISHARES TR

SOLE

US SML CAP EQT

Shares1.06M

TypeSH

Market value$78.92M

1.02%

Sole

360.69K

Shared

0.00

None

700.79K

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares1.31M

TypeSH

Market value$77.20M

1.00%

Sole

254.01K

Shared

0.00

None

1.06M

ISHARES TR

SOLE

MSCI EAFE ETF

Shares819.87K

TypeSH

Market value$76.55M

0.99%

Sole

0.00

Shared

0.00

None

819.87K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares2.80M

TypeSH

Market value$76.40M

0.99%

Sole

0.00

Shared

0.00

None

2.80M

ISHARES TR

SOLE

S&P 500 GRWT ETF

Shares619.35K

TypeSH

Market value$74.77M

0.97%

Sole

0.00

Shared

0.00

None

619.35K

VANGUARD SCOTTSDALE FDS

SOLE

MTG-BKD SECS ETF

Shares1.51M

TypeSH

Market value$70.78M

0.91%

Sole

380.38K

Shared

0.00

None

1.13M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	11.76M	SH	$704.44M 9.10%	3.27M	8.49M
SPDR SERIES TRUSTSOLE	PRTFLO S&P500 GW	4.65M	SH	$485.45M 6.27%	441.14K	4.20M
SPDR SERIES TRUSTSOLE	PRTFLO S&P500 VL	8.51M	SH	$470.76M 6.08%	1.16M	7.35M
SPDR SERIES TRUSTSOLE	PORTFOLIO S&P400	6.84M	SH	$391.01M 5.05%	2.26M	4.58M
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	566.11K	SH	$346.67M 4.48%	407.83K	158.28K
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	6.40M	SH	$324.11M 4.19%	1.47M	4.93M
SPDR SERIES TRUSTSOLE	PORTFOLIO SHORT	8.40M	SH	$254.35M 3.29%	1.88M	6.51M
SPDR SERIES TRUSTSOLE	PORTFOLIO S&P600	5.32M	SH	$246.23M 3.18%	1.63M	3.68M
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	4.34M	SH	$235.35M 3.04%	1.04M	3.30M
SPDR SERIES TRUSTSOLE	PORTFOLI S&P1500	2.82M	SH	$227.32M 2.94%	0.00	2.82M
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	3.01M	SH	$180.89M 2.34%	590.95K	2.42M
DBX ETF TRSOLE	XTRACK USD HIGH	4.87M	SH	$180.82M 2.34%	1.17M	3.70M
FLEXSHARES TRSOLE	MORNSTAR UPSTR	3.54M	SH	$154.83M 2.00%	1.17M	2.36M
ISHARES TRSOLE	GLOBAL REIT ETF	6.05M	SH	$154.52M 2.00%	2.11M	3.94M
ISHARES TRSOLE	USD INV GRDE ETF	2.93M	SH	$152.96M 1.98%	0.00	2.93M
ISHARES INCSOLE	MSCI EMRG CHN	1.76M	SH	$118.57M 1.53%	648.17K	1.11M
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	1.46M	SH	$115.33M 1.49%	0.00	1.46M
VANECK ETF TRUSTSOLE	JP MRGAN EM LOC	4.27M	SH	$108.91M 1.41%	995.14K	3.27M
ISHARES TRSOLE	IBOXX INV CP ETF	836.22K	SH	$93.21M 1.20%	462.56K	373.65K
ISHARES TRSOLE	US SML CAP EQT	1.06M	SH	$78.92M 1.02%	360.69K	700.79K
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	1.31M	SH	$77.20M 1.00%	254.01K	1.06M
ISHARES TRSOLE	MSCI EAFE ETF	819.87K	SH	$76.55M 0.99%	0.00	819.87K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	2.80M	SH	$76.40M 0.99%	0.00	2.80M
ISHARES TRSOLE	S&P 500 GRWT ETF	619.35K	SH	$74.77M 0.97%	0.00	619.35K
VANGUARD SCOTTSDALE FDSSOLE	MTG-BKD SECS ETF	1.51M	SH	$70.78M 0.91%	380.38K	1.13M

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