Valmark Advisers, Inc.

13F filer, CIK 1380443, AKRON, OH

Valmark Advisers, Inc. reported $6,629,581,405 across 602 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-04-23. Its ten largest share positions make up 47.49% of the portfolio.

Filed 2025-04-23 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC13F-HR 0001085146-25-002236

Period: 2025-03-31
Reported value: $6.63B
Holdings: 602
Top 10 weight: 47.49%
New: 38
Sold out: 27

Largest buys vs the previous quarter

Security	Shares change	Approx. value
SPMDadded	+373,475	$19.1M
SPSMadded	+465,430	$19M
VGITadded	+268,472	$15.9M
SPYVadded	+278,742	$14.2M
VOOadded	+24,659	$12.7M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
SCHDreduced	-226,119	-$6.32M
FTCSreduced	-69,046	-$6.19M
GTRreduced	-220,687	-$5.11M
SCHMreduced	-101,856	-$2.67M
SUMMIT MATERIALS INC CLASS Aexited	-37,550	-$1.9M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0001085146-25-002236, largest first. % of portfolio is the value over $6,625,274,102, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
EPDENTERPRISE PRODS PARTNERS L	9,315	$318K	<0.01%	0	Timeline
FTAFIRST TR EXCHANGE-TRADED ALP	4,143	$318K	<0.01%	0	Timeline
TRVTRAVELERS COMPANIES INC	1,195	$316K	<0.01%	+255	Timeline
SHWSHERWIN WILLIAMS CO	892	$311K	<0.01%	0	Timeline
EUDGWISDOMTREE TR	9,561	$311K	<0.01%	0	Timeline
IBBISHARES TR	2,434	$311K	<0.01%	+892	Timeline
ROPROPER TECHNOLOGIES INC	525	$310K	<0.01%	-21	Timeline
MGVVANGUARD WORLD FD	2,378	$306K	<0.01%	0	Timeline
CVSCVS HEALTH CORP	4,515	$306K	<0.01%	new	Timeline
AIQGLOBAL X FDS	8,343	$304K	<0.01%	-36	Timeline
ALLALLSTATE CORP	1,457	$302K	<0.01%	-38	Timeline
BPBP PLC	8,913	$301K	<0.01%	-1,222	Timeline
MOALTRIA GROUP INC	5,010	$301K	<0.01%	-137	Timeline
CARRCARRIER GLOBAL CORPORATION	4,712	$299K	<0.01%	-62	Timeline
CORCENCORA INC	1,060	$295K	<0.01%	+24	Timeline
SKYYFIRST TR EXCHANGE-TRADED FD	2,881	$295K	<0.01%	-247	Timeline
LEVILEVI STRAUSS & CO NEW	18,794	$293K	<0.01%	0	Timeline
YUMYUM BRANDS INC	1,846	$290K	<0.01%	+116	Timeline
XLBSELECT SECTOR SPDR TR	3,373	$290K	<0.01%	+345	Timeline
SHMSPDR SERIES TRUST	6,062	$289K	<0.01%	-563	Timeline
KRKROGER CO	4,260	$288K	<0.01%	0	Timeline
VSGXVANGUARD WORLD FD	4,854	$286K	<0.01%	+408	Timeline
SPGIS&P GLOBAL INC	563	$286K	<0.01%	-79	Timeline
NSITINSIGHT ENTERPRISES INC	1,901	$285K	<0.01%	0	Timeline
TARSTARSUS PHARMACEUTICALS INC	5,500	$283K	<0.01%	new	Timeline
IHIISHARES TR	4,627	$278K	<0.01%	+622	Timeline
LQDALIQUIDIA CORPORATION	18,641	$275K	<0.01%	+1,283	Timeline
ZTSZOETIS INC	1,666	$274K	<0.01%	0	Timeline
CTVACORTEVA INC	4,357	$274K	<0.01%	-699	Timeline
SPLBSPDR SERIES TRUST	12,018	$271K	<0.01%	0	Timeline
IYTISHARES TR	4,230	$271K	<0.01%	new	Timeline
AMATAPPLIED MATLS INC	1,866	$271K	<0.01%	+4	Timeline
IWOISHARES TR	1,058	$270K	<0.01%	+165	Timeline
QEFASPDR INDEX SHS FDS	3,419	$270K	<0.01%	+99	Timeline
VOEVANGUARD INDEX FDS	1,679	$270K	<0.01%	-642	Timeline
MBBISHARES TR	2,867	$269K	<0.01%	-266	Timeline
IVLUISHARES TR	8,827	$268K	<0.01%	-610	Timeline
BKNGBOOKING HOLDINGS INC	58	$267K	<0.01%	0	Timeline
RCLROYAL CARIBBEAN GROUP	1,298	$267K	<0.01%	+16	Timeline
DTHWISDOMTREE TR	6,233	$265K	<0.01%	0	Timeline
EDCONSOLIDATED EDISON INC	2,374	$263K	<0.01%	-28	Timeline
HELOJ P MORGAN EXCHANGE TRADED F	4,363	$260K	<0.01%	new	Timeline
IDEVISHARES TR	3,766	$259K	<0.01%	new	Timeline
BMYBRISTOL-MYERS SQUIBB CO	4,237	$258K	<0.01%	-298	Timeline
SHESPDR SERIES TRUST	2,255	$257K	<0.01%	0	Timeline
IYGISHARES TR	3,276	$257K	<0.01%	new	Timeline
CMICUMMINS INC	820	$257K	<0.01%	-34	Timeline
SHYISHARES TR	3,086	$255K	<0.01%	-25	Timeline
IXNISHARES TR	3,348	$254K	<0.01%	-30	Timeline
QQEWFIRST TR EXCHANGE-TRADED FD	2,080	$252K	<0.01%	+7	Timeline
VALUVALUE LINE INC	6,500	$251K	<0.01%	0	Timeline
ONEYSPDR SERIES TRUST	2,261	$247K	<0.01%	+104	Timeline
VVVANGUARD INDEX FDS	948	$244K	<0.01%	0	Timeline
MKCMCCORMICK & CO INC	2,952	$243K	<0.01%	0	Timeline
VONEVANGUARD SCOTTSDALE FDS	957	$243K	<0.01%	0	Timeline
ELDWISDOMTREE TR	9,049	$242K	<0.01%	-35	Timeline
MCOMOODYS CORP	513	$239K	<0.01%	+10	Timeline
EFVISHARES TR	4,010	$236K	<0.01%	-1,999	Timeline
CRWDCROWDSTRIKE HLDGS INC	670	$236K	<0.01%	-8	Timeline
NULGNUSHARES ETF TR	2,998	$235K	<0.01%	0	Timeline
IQLTISHARES TR	5,874	$233K	<0.01%	new	Timeline
IYEISHARES TR	4,700	$232K	<0.01%	+125	Timeline
AMTAMERICAN TOWER CORP	1,064	$232K	<0.01%	new	Timeline
MOATVANECK ETF TRUST	2,623	$231K	<0.01%	-10	Timeline
ZBRAZEBRA TECHNOLOGIES CORPORATI	816	$231K	<0.01%	+5	Timeline
PHPARKER-HANNIFIN CORP	379	$230K	<0.01%	-78	Timeline
FASTFASTENAL CO	2,970	$230K	<0.01%	+3	Timeline
IGROISHARES TR	3,173	$230K	<0.01%	+11	Timeline
NFLTETFIS SER TR I	10,117	$228K	<0.01%	new	Timeline
DTMDT MIDSTREAM INC	2,363	$228K	<0.01%	0	Timeline
IWNISHARES TR	1,509	$228K	<0.01%	+12	Timeline
KNGFIRST TR EXCHANGE-TRADED FD	4,480	$226K	<0.01%	new	Timeline
SMHVANECK ETF TRUST	1,064	$225K	<0.01%	+3	Timeline
CMDYISHARES U S ETF TR	4,334	$225K	<0.01%	new	Timeline
QUSSPDR SERIES TRUST	1,427	$224K	<0.01%	+87	Timeline
FEFIRSTENERGY CORP	5,503	$222K	<0.01%	-1,281	Timeline
JHIDJOHN HANCOCK EXCHANGE TRADED	7,254	$222K	<0.01%	-2,662	Timeline
SYYSYSCO CORP	2,939	$221K	<0.01%	new	Timeline
IBDWISHARES TR	10,573	$219K	<0.01%	new	Timeline
IBDXISHARES TR	8,777	$219K	<0.01%	new	Timeline
IBDYISHARES TR	8,580	$219K	<0.01%	new	Timeline
IBDZISHARES TR	8,496	$219K	<0.01%	new	Timeline
SLBSLB LIMITED	5,237	$219K	<0.01%	0	Timeline
IXJISHARES TR	2,306	$210K	<0.01%	new	Timeline
FNDFSCHWAB STRATEGIC TR	5,818	$210K	<0.01%	new	Timeline
JTEKJ P MORGAN EXCHANGE TRADED F	3,121	$210K	<0.01%	new	Timeline
FNDBSCHWAB STRATEGIC TR	9,075	$209K	<0.01%	new	Timeline
VOTVANGUARD INDEX FDS	830	$203K	<0.01%	-533	Timeline
INTCINTEL CORP	8,940	$203K	<0.01%	new	Timeline
FTNTFORTINET INC	2,102	$202K	<0.01%	new	Timeline
RHPRYMAN HOSPITALITY PPTYS INC	2,200	$201K	<0.01%	0	Timeline
HYDWDBX ETF TR	4,316	$200K	<0.01%	new	Timeline
RIOTRIOT PLATFORMS INC	27,727	$197K	<0.01%	new	Timeline
AMXAMERICA MOVIL SAB DE CV	12,919	$184K	<0.01%	0	Timeline
ICLNISHARES TR	14,888	$170K	<0.01%	0	Timeline
FFORD MTR CO	10,216	$102K	<0.01%	+47	Timeline
CRFCORNERSTONE TOTAL RETURN FD	12,000	$86.2K	<0.01%	new	Timeline
CLMCORNERSTONE STRATEGIC INVEST	10,000	$74.3K	<0.01%	new	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
SPYSTATE STR SPDR S&P 500 ETF T SHS	put	7,700	$4.31M	-2,300

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
IBDRISHARES TR SHS	principal	139,487	$3.38M	+19,127
ISHARES TRISHARES TR IBONDS DEC25 ETF	principal	126,274	$3.18M	+9,722
IBDSISHARES TR ETF	principal	94,885	$2.29M	+24,734

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
SUMMIT MATERIALS INC CLASS ASUMMIT MATERIALS INC CLASS A	37,550	$1.9M	shares
CLSCELESTICA INC	20,350	$1.88M	shares
VBKVANGUARD INDEX FDS	2,180	$610K	shares
SCHQSCHWAB STRATEGIC TR	14,038	$441K	shares
ISCGISHARES TR	7,982	$395K	shares
AVUVAMERICAN CENTY ETF TR	3,852	$372K	shares
EDVVANGUARD WORLD FD	4,162	$282K	shares
PTLCPACER FDS TR	5,249	$281K	shares
SHYGISHARES TR	6,185	$264K	shares
ARTYISHARES TR	6,820	$253K	shares
VIOGVANGUARD ADMIRAL FDS INC	2,168	$252K	shares
AVLVAMERICAN CENTY ETF TR	3,736	$249K	shares
BOTZGLOBAL X FDS	7,465	$238K	shares
IDUISHARES TR	2,374	$228K	shares
HEDJWISDOMTREE TR	5,176	$226K	shares
PTBDPACER FDS TR	11,007	$220K	shares
IGSBISHARES TR	4,233	$219K	shares
PKWINVESCO EXCHANGE TRADED FD T	1,887	$217K	shares
SOUNSOUNDHOUND AI INC	10,916	$217K	shares
SCZISHARES TR	3,526	$214K	shares
FPXFIRST TR EXCHANGE-TRADED FD	1,768	$211K	shares
COFCAPITAL ONE FINL CORP	1,179	$210K	shares
KLICKULICKE & SOFFA INDS INC	4,500	$210K	shares
PTHINVESCO EXCHANGE TRADED FD T	5,132	$205K	shares
DEODIAGEO PLC	1,610	$205K	shares
PANWPALO ALTO NETWORKS INC	1,117	$203K	shares
RWLINVESCO EXCH TRADED FD TR II	2,056	$201K	shares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001085146-25-002236	base		2025-04-23	acceptance time not in the bulk data set	2026-10-07 18:25:06 UTC