Valmark Advisers, Inc. Q2 2025 Filing

Filed July 23, 2025

Portfolio Value

$7.2T

Holdings

639

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (639 positions)

#StockSharesValue% PortfolioType
1
VEAVANGUARD TAX-MANAGED FDS
11,462,597$653.5B9.09%
2
SPYGSPDR SERIES TRUST
4,592,176$437.7B6.09%
3
SPYVSPDR SERIES TRUST
8,271,615$432.9B6.02%
4
SPMDSPDR SERIES TRUST
6,643,917$361.3B5.03%
5
VOOVANGUARD INDEX FDS
558,646$317.3B4.42%
6
VTIPVANGUARD MALVERN FDS
6,137,765$308.5B4.29%
7
SPSMSPDR SERIES TRUST
6,263,369$266.8B3.71%
8
SPSBSPDR SERIES TRUST
8,023,854$242.2B3.37%
9
VWOVANGUARD INTL EQUITY INDEX F
4,294,167$212.4B2.96%
10
SPTMSPDR SERIES TRUST
2,741,138$205.3B2.86%
11
VGITVANGUARD SCOTTSDALE FDS
2,888,571$172.8B2.40%
12
HYLBDBX ETF TR
4,658,164$172.0B2.39%
13
REETISHARES TR
5,816,994$143.7B2.00%
14
USIGISHARES TR
2,779,455$143.0B1.99%
15
GUNRFLEXSHARES TR
3,489,258$140.0B1.95%
16
BSVVANGUARD BD INDEX FDS
1,408,807$110.9B1.54%
17
EMXCISHARES INC
1,720,019$108.6B1.51%
18
EMLCVANECK ETF TRUST
4,105,985$104.1B1.45%
19
LQDISHARES TR
804,299$88.2B1.23%
20
VGSHVANGUARD SCOTTSDALE FDS
1,273,585$74.9B1.04%
21
SCHDSCHWAB STRATEGIC TR
2,727,891$72.3B1.01%
22
EFAISHARES TR
806,716$72.1B1.00%
23
IVWISHARES TR
632,317$69.6B0.97%
24
VMBSVANGUARD SCOTTSDALE FDS
1,442,830$66.9B0.93%
25
IVEISHARES TR
299,730$58.6B0.82%
26
IJHISHARES TR
916,270$56.8B0.79%
27
XSOEWISDOMTREE TR
1,636,879$56.4B0.79%
28
GTRWISDOMTREE TR
2,183,141$53.4B0.74%
29
JPSTJ P MORGAN EXCHANGE TRADED F
927,786$47.0B0.65%
30
VEUVANGUARD INTL EQUITY INDEX F
647,907$43.6B0.61%
31
AAPLAPPLE INC
202,051$41.5B0.58%
32
IJRISHARES TR
348,140$38.0B0.53%
33
VTIVANGUARD INDEX FDS
125,185$38.0B0.53%
34
IVVISHARES TR
59,939$37.2B0.52%
35
CGDGCAPITAL GROUP DIVIDEND VALUE
877,731$34.7B0.48%
36
ITOTISHARES TR
251,673$34.0B0.47%
37
BNDXVANGUARD CHARLOTTE FDS
657,216$32.5B0.45%
38
VIGVANGUARD SPECIALIZED FUNDS
152,102$31.1B0.43%
39
IUSGISHARES TR
204,582$30.8B0.43%
40
MSFTMICROSOFT CORP
61,368$30.5B0.42%
41
BRK/BBERKSHIRE HATHAWAY INC DEL
58,643$28.5B0.40%
42
FLRNSPDR SERIES TRUST
906,757$28.0B0.39%
43
VYMVANGUARD WHITEHALL FDS
200,325$26.7B0.37%
44
IWYISHARES TR
103,763$25.6B0.36%
45
VXFVANGUARD INDEX FDS
131,389$25.3B0.35%
46
SMLFISHARES TR
371,206$25.2B0.35%
47
CGCBCAPITAL GRP FIXED INCM ETF T
876,546$23.1B0.32%
48
SPEMSPDR INDEX SHS FDS
511,500$21.9B0.30%
49
AGGISHARES TR
214,337$21.3B0.30%
50
CGGRCAPITAL GROUP GROWTH ETF
513,604$20.9B0.29%
51
USMVISHARES TR
219,956$20.6B0.29%
52
AQLTISHARES TR
150,600$20.0B0.28%
53
RDVYFIRST TR EXCHANGE TRADED FD
318,347$20.0B0.28%
54
VNQVANGUARD INDEX FDS
219,340$19.5B0.27%
55
DWMWISDOMTREE TR
301,119$19.1B0.27%
56
CGDGCAPITAL GROUP DIVIDEND GROWE
562,974$18.9B0.26%
57
CGGOCAPITAL GROUP GBL GROWTH EQT
552,929$17.7B0.25%
58
SPDWSPDR INDEX SHS FDS
436,079$17.7B0.25%
59
NVDANVIDIA CORPORATION
108,797$17.2B0.24%
60
XLVSELECT SECTOR SPDR TR
122,710$16.5B0.23%
61
XSVMINVESCO EXCHANGE TRADED FD T
295,307$15.4B0.21%
62
CGUSCAPITAL GROUP CORE EQUITY ET
402,564$14.9B0.21%
63
FTGCFIRST TR EXCHANGE TRAD FD VI
586,384$14.5B0.20%
64
CGMSCAPITAL GRP FIXED INCM ETF T
514,219$14.2B0.20%
65
SPYSPDR S&P 500 ETF TR
22,824$14.1B0.20%Put
66
AMZNAMAZON COM INC
61,617$13.5B0.19%
67
STIPISHARES TR
127,107$13.1B0.18%
68
SPYMSPDR SERIES TRUST
176,445$12.8B0.18%
69
FBNDFIDELITY MERRIMACK STR TR
278,215$12.7B0.18%
70
VCSHVANGUARD SCOTTSDALE FDS
159,467$12.7B0.18%
71
TDTTFLEXSHARES TR
512,356$12.4B0.17%
72
DBMFLITMAN GREGORY FDS TR
475,069$12.2B0.17%
73
VTVVANGUARD INDEX FDS
68,266$12.1B0.17%
74
SGOVISHARES TR
119,120$12.0B0.17%
75
JPMJPMORGAN CHASE & CO.
40,640$11.8B0.16%
76
DEMWISDOMTREE TR
232,722$10.5B0.15%
77
DESWISDOMTREE TR
322,988$10.3B0.14%
78
PGPROCTER AND GAMBLE CO
63,766$10.2B0.14%
79
VSSVANGUARD INTL EQUITY INDEX F
71,313$9.6B0.13%
80
VOVANGUARD INDEX FDS
33,943$9.5B0.13%
81
FTCSFIRST TR EXCHANGE-TRADED FD
100,509$9.1B0.13%
82
MUBISHARES TR
85,054$8.9B0.12%
83
CGCPCAPITAL GRP FIXED INCM ETF T
393,014$8.8B0.12%
84
SCHRSCHWAB STRATEGIC TR
337,542$8.4B0.12%
85
HDEFDBX ETF TR
287,898$8.3B0.12%
86
XLESELECT SECTOR SPDR TR
95,679$8.1B0.11%
87
BILSSPDR SERIES TRUST
79,190$7.9B0.11%
88
VBVANGUARD INDEX FDS
32,645$7.7B0.11%
89
XOMEXXON MOBIL CORP
70,553$7.6B0.11%
90
VTEBVANGUARD MUN BD FDS
154,270$7.6B0.11%
91
HYGISHARES TR
93,663$7.6B0.11%
92
DGROISHARES TR
113,299$7.2B0.10%
93
CUTINVESCO EXCH TRADED FD TR II
234,246$7.0B0.10%
94
SCHBSCHWAB STRATEGIC TR
290,911$6.9B0.10%
95
IUSVISHARES TR
68,898$6.5B0.09%
96
EBNDSPDR SERIES TRUST
290,665$6.2B0.09%
97
WMTWALMART INC
63,245$6.2B0.09%
98
TSLATESLA INC
19,318$6.1B0.09%
99
SPBOSPDR SERIES TRUST
208,156$6.1B0.08%
100
XLKSELECT SECTOR SPDR TR
23,990$6.1B0.08%
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