Valmark Advisers, Inc. Q3 2026 Filing

Filed November 6, 2026

Portfolio Value

$7.3T

Holdings

741

Report Date

Q3 2026

Filing Type

13F-HR

All Holdings (741 positions)

#	Stock	Shares	Value	% Portfolio
1	VEAVANGUARD TAX-MANAGED FDS	12,351,254	$872.1B	11.97%
2	SPYVSPDR SERIES TRUST	9,428,478	$576.4B	7.91%
3	SPMDSPDR SERIES TRUST	7,423,720	$468.0B	6.42%
4	VTIPVANGUARD MALVERN FDS	7,679,043	$378.0B	5.19%
5	SPSBSPDR SERIES TRUST	11,352,146	$335.9B	4.61%
6	SPSMSPDR SERIES TRUST	5,347,548	$282.7B	3.88%
7	VWOVANGUARD INTL EQUITY INDEX F	4,715,277	$279.7B	3.84%
8	SPTMSPDR SERIES TRUST	3,012,633	$277.3B	3.81%
9	VGITVANGUARD SCOTTSDALE FDS	3,714,514	$210.5B	2.89%
10	GUNRFLEXSHARES TR	3,681,449	$194.2B	2.66%
11	REETISHARES TR	6,984,259	$180.1B	2.47%
12	USIGISHARES TR	3,551,069	$173.0B	2.37%
13	EMXCISHARES INC	1,572,084	$155.8B	2.14%
14	HYLBDBX ETF TR	3,801,066	$133.9B	1.84%
15	EMLCVANECK ETF TRUST	5,191,367	$128.9B	1.77%
16	SMLFISHARES TR	1,334,783	$111.5B	1.53%
17	CGDGCAPITAL GROUP DIVIDEND VALUE	1,818,114	$88.8B	1.22%
18	SCHDSCHWAB STRATEGIC TR	2,704,602	$88.0B	1.21%
19	CGGRCAPITAL GROUP GROWTH ETF	1,826,102	$86.6B	1.19%
20	HYBBISHARES TR	1,851,670	$83.4B	1.15%
21	VGSHVANGUARD SCOTTSDALE FDS	1,439,419	$82.9B	1.14%
22	VMBSVANGUARD SCOTTSDALE FDS	1,862,731	$82.7B	1.14%
23	CGDGCAPITAL GROUP DIVIDEND GROWE	2,227,663	$82.5B	1.13%
24	BSVVANGUARD BD INDEX FDS	979,302	$74.8B	1.03%
25	XSOEWISDOMTREE TR	1,561,040	$73.1B	1.00%
26	GTRWISDOMTREE TR	2,492,199	$68.1B	0.93%
27	AGGISHARES TR	700,365	$66.2B	0.91%
28	CGUSCAPITAL GROUP CORE EQUITY ET	1,436,326	$63.9B	0.88%
29	IJHISHARES TR	873,025	$62.8B	0.86%
30	CGCBCAPITAL GRP FIXED INCM ETF T	2,310,709	$57.7B	0.79%
31	CGMSCAPITAL GRP FIXED INCM ETF T	2,030,123	$53.3B	0.73%
32	CGCPCAPITAL GRP FIXED INCM ETF T	2,428,404	$51.4B	0.71%
33	VEUVANGUARD INTL EQUITY INDEX F	589,419	$48.9B	0.67%
34	CGGOCAPITAL GROUP GBL GROWTH EQT	1,050,358	$41.8B	0.57%
35	BINCBLACKROCK ETF TRUST II	813,582	$41.3B	0.57%
36	BNDXVANGUARD CHARLOTTE FDS	843,588	$39.5B	0.54%
37	JPSTJ P MORGAN EXCHANGE TRADED F	690,707	$34.8B	0.48%
38	DWMWISDOMTREE TR	325,859	$24.0B	0.33%
39	SPDWSPDR INDEX SHS FDS	457,325	$23.0B	0.32%
40	PVALPUTNAM ETF TRUST	435,470	$22.9B	0.31%
41	VCSHVANGUARD SCOTTSDALE FDS	293,507	$22.7B	0.31%
42	RDVYFIRST TR EXCHANGE TRADED FD	289,098	$22.6B	0.31%
43	FBNDFIDELITY MERRIMACK STR TR	469,545	$20.3B	0.28%
44	SPEMSPDR INDEX SHS FDS	371,216	$19.2B	0.26%
45	SPYMSPDR SERIES TRUST	199,798	$17.9B	0.25%
46	FTGCFIRST TR EXCHANGE TRAD FD VI	582,396	$17.8B	0.24%
47	CGMMCAPITAL GROUP EQUITY ETF TR	532,466	$16.5B	0.23%
48	FELGFIDELITY COVINGTON TRUST	362,382	$16.3B	0.22%
49	CGSDCAPITAL GRP FIXED INCM ETF T	618,593	$15.6B	0.21%
50	STIPISHARES TR	150,421	$15.0B	0.21%
51	DGROISHARES TR	192,133	$14.5B	0.20%
52	DEMWISDOMTREE TR	259,921	$14.4B	0.20%
53	VNQVANGUARD INDEX FDS	155,146	$13.9B	0.19%
54	PULSPGIM ETF TR	268,811	$13.3B	0.18%
55	CGBLCAPITAL GROUP CORE BALANCED	357,319	$13.1B	0.18%
56	JEPIJ P MORGAN EXCHANGE TRADED F	233,508	$13.1B	0.18%
57	CGGECAPITAL GROUP GLOBAL EQUITY	373,874	$13.0B	0.18%
58	DFIVDIMENSIONAL ETF TRUST	230,506	$12.9B	0.18%
59	DESWISDOMTREE TR	337,685	$12.8B	0.18%
60	USMVISHARES TR	127,170	$12.4B	0.17%
61	VOVANGUARD INDEX FDS	149,068	$11.7B	0.16%
62	VTEBVANGUARD MUN BD FDS	246,291	$11.7B	0.16%
63	CGCVCAPITAL GROUP CONSERVATIVE E	355,516	$11.4B	0.16%
64	CGNGCAPITAL GROUP NEW GEOGRAPHY	312,273	$11.4B	0.16%
65	VUSBVANGUARD BD INDEX FDS	227,047	$11.3B	0.15%
66	XLESELECT SECTOR SPDR TR	179,430	$11.0B	0.15%
67	HDEFDBX ETF TR	338,775	$11.0B	0.15%
68	TDTTFLEXSHARES TR	467,736	$10.9B	0.15%
69	VUGVANGUARD INDEX FDS	112,531	$10.1B	0.14%
70	PYLDPIMCO ETF TR	387,317	$9.8B	0.13%
71	BILSSPDR SERIES TRUST	97,199	$9.7B	0.13%
72	DYNFBLACKROCK ETF TRUST	129,980	$9.0B	0.12%
73	FAIFIRST TR EXCHANGE TRADED FD	119,489	$8.8B	0.12%
74	SCHBSCHWAB STRATEGIC TR	297,054	$8.7B	0.12%
75	JPIBJ P MORGAN EXCHANGE TRADED F	184,573	$8.6B	0.12%
76	XLFISELECT SECTOR SPDR TR	103,137	$8.3B	0.11%
77	SCHFSCHWAB STRATEGIC TR	298,778	$8.2B	0.11%
78	VXUSVANGUARD STAR FDS	94,369	$8.0B	0.11%
79	SPBOSPDR SERIES TRUST	289,984	$8.0B	0.11%
80	CGICCAPITAL GROUP INTERNATIONAL	221,418	$8.0B	0.11%
81	DBMFIM GLOBAL PARTNER FUNDS	238,731	$7.8B	0.11%
82	CGHMCAPITAL GRP FIXED INCM ETF T	321,416	$7.7B	0.11%
83	SCHRSCHWAB STRATEGIC TR	324,894	$7.7B	0.11%
84	VOOGVANGUARD ADMIRAL FDS INC	88,122	$7.5B	0.10%
85	BONDPIMCO ETF TR	85,238	$7.4B	0.10%
86	GNRSPDR INDEX SHS FDS	98,115	$7.3B	0.10%
87	TOTLSSGA ACTIVE ETF TR	193,886	$7.3B	0.10%
88	HOLAJ P MORGAN EXCHANGE TRADED F	129,820	$7.2B	0.10%
89	EBNDSPDR SERIES TRUST	330,099	$6.8B	0.09%
90	XTISHARES TR	80,988	$6.8B	0.09%
91	JAAAJANUS DETROIT STR TR	133,476	$6.7B	0.09%
92	IBDSISHARES TR	274,989	$6.6B	0.09%
93	SCHXSCHWAB STRATEGIC TR	216,841	$6.5B	0.09%
94	AQLTISHARES TR	66,338	$6.4B	0.09%
95	IBDRISHARES TR	262,905	$6.4B	0.09%
96	IEMGISHARES INC	77,564	$6.3B	0.09%
97	SCHPSCHWAB STRATEGIC TR	250,363	$6.3B	0.09%
98	FLRNSPDR SERIES TRUST	199,392	$6.1B	0.08%
99	CGXUCAPITAL GROUP INTL FOCUS EQT	174,056	$6.0B	0.08%
100	HELOJ P MORGAN EXCHANGE TRADED F	85,748	$5.9B	0.08%

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