Valmark Advisers, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), Valmark Advisers, Inc. reported 636 stock positions worth $7.2 billion. Its top holding was Vanguard Ftse Developed ETF (VEA) at 9.1% of the portfolio, followed by SS SPDR P S&P 500 Growth ETF (SPYG, 6.1%) and SS SPDR P S&P 500 Value ETF (SPYV, 6.0%). Compared with Q1 2025, it opened 46 new positions, sold out of 8, added to 329 and reduced 203. The biggest buy was SS SPDR P S&P 1500 Comp ETF (SPTM, shares +3%) and the biggest sale iShares Global 100 ETF (IOO, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- AKRON, OH
- CIK
- 0001380443
- Portfolio Value
- $7.2B (Q2 2025)
- SEC Filing
- 0001085146-25-004098 ↗ filed Jul 23, 2025
Holdings Value
Holdings 636 stocks · $7.2B
| VEA Vanguard Ftse Developed ETF | 9.11% | 11,462,597 | $653.5M | Reduce -2.4% |
| SPYG SS SPDR P S&P 500 Growth ETF | 6.10% | 4,592,176 | $437.7M | Reduce -3.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 6.04% | 8,271,615 | $432.9M | Add +4.1% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 5.04% | 6,643,917 | $361.3M | Add +4.3% |
| VOO Vanguard S&P 500 ETF | 4.43% | 558,646 | $317.3M | Reduce -0.9% |
| VTIP Vanguard Short-Term Tips | 4.30% | 6,137,765 | $308.5M | Add +2.3% |
| SPSM SS SPDR P S&P 600 Small Cap | 3.72% | 6,263,369 | $266.8M | Add +7.1% |
| SPSB SS SPDR P St C Corp. ETF | 3.38% | 8,023,854 | $242.2M | Add +3.7% |
| VWO Vanguard Ftse Emerging Marke | 2.96% | 4,294,167 | $212.4M | Reduce -0.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 2.86% | 2,741,138 | $205.3M | Add +3.1% |
| VGIT Vanguard Intermediate-Term T | 2.41% | 2,888,571 | $172.8M | Add +3.8% |
| HYLB Xtrackers Usd High Yield Cor | 2.40% | 4,658,164 | $172.0M | Add +3.3% |
| REET iShares Global REIT ETF | 2.00% | 5,816,994 | $143.7M | Add +1.8% |
| USIG iShares Broad Usd Investment | 1.99% | 2,779,455 | $143.0M | Add +3.3% |
| GUNR NT Mstar GLBL NR ETF | 1.95% | 3,489,258 | $140.0M | Add +1.0% |
| BSV Vanguard Short-Term Bond ETF | 1.55% | 1,408,807 | $110.9M | Add +4.3% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.51% | 1,720,019 | $108.6M | Reduce -1.1% |
| EMLC Vaneck JPM Em Local Curr BND | 1.45% | 4,105,985 | $104.1M | Add +2.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.23% | 804,299 | $88.2M | Add +2.1% |
| VGSH Vanguard Short-Term Treasury | 1.04% | 1,273,585 | $74.9M | Add +0.8% |
| SCHD Schwab US DVD Equity ETF | 1.01% | 2,727,891 | $72.3M | Add +0.2% |
| EFA iShares MSCI Eafe ETF | 1.01% | 806,716 | $72.1M | Add +1.9% |
| IVW iShares S&P 500 Growth ETF | 0.97% | 632,317 | $69.6M | Reduce -7.1% |
| VMBS Vanguard Mortgage-Backed Sec | 0.93% | 1,442,830 | $66.9M | Add +3.5% |
| IVE iShares S&P 500 Value ETF | 0.82% | 299,730 | $58.6M | Reduce -3.2% |
| IJH iShares Core S&P Midcap ETF | 0.79% | 916,270 | $56.8M | Reduce -1.5% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 0.79% | 1,636,879 | $56.4M | Reduce -2.1% |
| GTR Wisdomtree Target Range Fund | 0.74% | 2,183,141 | $53.4M | Add +2.4% |
| JPST JPMorgan Ultra-Short Income | 0.66% | 927,786 | $47.0M | Reduce -0.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.61% | 647,907 | $43.6M | Add +1.3% |
| AAPL Apple Inc. | 0.58% | 202,051 | $41.5M | Add +3.4% |
| IJR iShares Core S&P Small-Cap E | 0.53% | 348,140 | $38.0M | Reduce -1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.53% | 125,185 | $38.0M | Add +8.0% |
| IVV iShares Core S&P 500 ETF | 0.52% | 59,939 | $37.2M | Reduce -0.8% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.48% | 877,731 | $34.7M | Add +5.6% |
| ITOT iShares Core S&P Total U.S. | 0.47% | 251,673 | $34.0M | Reduce -5.2% |
| BNDX Vanguard Total Intl Bond ETF | 0.45% | 657,216 | $32.5M | Add +1.5% |
| VIG Vanguard Dividend Apprec ETF | 0.43% | 152,102 | $31.1M | Add +2.6% |
| IUSG iShares Core S&P U.S. Growth | 0.43% | 204,582 | $30.8M | Add +2.7% |
| MSFT Microsoft Corp. | 0.43% | 61,368 | $30.5M | Add +3.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 58,643 | $28.5M | Reduce -0.2% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.39% | 906,757 | $28.0M | Add +2.8% |
| VYM Vanguard High DVD Yield ETF | 0.37% | 200,325 | $26.7M | Add +9.8% |
| IWY iShares Russell Top 200 Grow | 0.36% | 103,763 | $25.6M | Add +1.8% |
| VXF Vanguard Extended Market ETF | 0.35% | 131,389 | $25.3M | Add +3.4% |
| SMLF iShares US Smallcap Equity F | 0.35% | 371,206 | $25.2M | Add +1.5% |
| CGCB Cap Group Core Bond | 0.32% | 876,546 | $23.1M | Add +2.4% |
| SPEM State Street SP PTF Em ETF | 0.30% | 511,500 | $21.9M | Reduce -1.1% |
| AGG iShares Core U.S. Aggregate | 0.30% | 214,337 | $21.3M | Reduce -1.0% |
| CGGR Cap Group Growth Equity | 0.29% | 513,604 | $20.9M | Add +2.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.29% | 219,956 | $20.6M | Add +0.2% |
| DVY iShares Select Dividend ETF | 0.28% | 150,600 | $20.0M | Reduce -5.3% |
| RDVY First Trust Rising Dividend | 0.28% | 318,347 | $20.0M | Add +5.9% |
| VNQ Vanguard Real Estate ETF | 0.27% | 219,340 | $19.5M | Add +2.5% |
| DWM Wisdomtree International Equ | 0.27% | 301,119 | $19.1M | Reduce -0.2% |
| CGDG Cap Group Dividend Growers filed as CAPITAL GROUP DIVIDEND GROWE | 0.26% | 562,974 | $18.9M | Add +5.8% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.25% | 552,929 | $17.7M | Add +8.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.25% | 436,079 | $17.7M | Add +2.4% |
| NVDA Nvidia Corp. | 0.24% | 108,797 | $17.2M | Add +0.4% |
| XLV SS Health Care Select Sector | 0.23% | 122,710 | $16.5M | Add +8.9% |
| XSVM Invesco S&P Smallcap Value W | 0.21% | 295,307 | $15.4M | Add +6.2% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.21% | 402,564 | $14.9M | Add +6.8% |
| FTGC First Trust Global Tactical | 0.20% | 586,384 | $14.5M | Add +3.1% |
| CGMS Cap Group US Multi-Sect Bond | 0.20% | 514,219 | $14.2M | Add +13.8% |
| AMZN Amazon.com Inc. | 0.19% | 61,617 | $13.5M | Add +3.9% |
| STIP iShares 0-5 Year Tips Bond E | 0.18% | 127,107 | $13.1M | Reduce -3.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.18% | 176,445 | $12.8M | Add +7.9% |
| FBND Fidelity Total Bond ETF | 0.18% | 278,215 | $12.7M | Add +6.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.18% | 159,467 | $12.7M | Add +0.3% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.17% | 512,356 | $12.4M | Add +0.7% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.17% | 475,069 | $12.2M | Reduce -4.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.17% | 68,266 | $12.1M | Add +3.6% |
| SGOV iShares 0-3 Month Treasury B | 0.17% | 119,120 | $12.0M | Add +6.9% |
| JPM JPMorgan Chase & Co. | 0.16% | 40,640 | $11.8M | Add +1.1% |
| DEM Wisdomtree Emerging Markets | 0.15% | 232,722 | $10.5M | Add +3.9% |
| DES Wisdomtree US Smallcap Divid | 0.14% | 322,988 | $10.3M | Add +6.5% |
| PG The Procter & Gamble Co. | 0.14% | 63,766 | $10.2M | Add +1.5% |
| VSS Vanguard Ftse All Wo X-US SC | 0.13% | 71,313 | $9.6M | Add +1.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.13% | 33,943 | $9.5M | Add +2.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.13% | 15,124 | $9.3M | Add +4.5% |
| FTCS First Trust Capital Strength | 0.13% | 100,509 | $9.1M | Reduce -2.1% |
| MUB iShares National Muni Bond E | 0.12% | 85,054 | $8.9M | Add +8.5% |
| CGCP Cap Group Core Plus Income | 0.12% | 393,014 | $8.8M | Add +29.3% |
| SCHR Schwab Intermediate-Term US | 0.12% | 337,542 | $8.4M | Add +8.6% |
| HDEF Xtrackers MSCI Eafe High Div | 0.12% | 287,898 | $8.3M | Add +2.4% |
| XLE SS Energy Select Sector | 0.11% | 95,679 | $8.1M | Add +6.5% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.11% | 79,190 | $7.9M | Add +8.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.11% | 32,645 | $7.7M | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.11% | 70,553 | $7.6M | Add +5.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.11% | 154,270 | $7.6M | Add +8.6% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.11% | 93,663 | $7.6M | Add +14.3% |
| DGRO iShares Core Dividend Growth | 0.10% | 113,299 | $7.2M | Add +5.4% |
| CUT Invesco MSCI Global Timber E | 0.10% | 234,246 | $7.0M | Add +2.9% |
| SCHB Schwab US Broad Market ETF | 0.10% | 290,911 | $6.9M | Add +0.7% |
| IUSV iShares Core S&P U.S. Value | 0.09% | 68,898 | $6.5M | Add +16.6% |
| EBND State Street SPDR Bloomberg | 0.09% | 290,665 | $6.2M | Add +4.3% |
| WMT Walmart Inc. | 0.09% | 63,245 | $6.2M | Add +0.1% |
| TSLA Tesla Inc. | 0.09% | 19,318 | $6.1M | Add +11.5% |
| SPBO SS SPDR P Corp. Bond ETF | 0.08% | 208,156 | $6.1M | Add +70.4% |
| XLK SS Technology Select Sector | 0.08% | 23,990 | $6.1M | Reduce -0.1% |
Options reported separately and not counted above: SPY puts ($4.8M).
Other holdings (3): bonds, preferreds, convertibles and warrants · $10.3M (not counted above)
Total filed on the 13F, all lines: $7.2B.
Portfolio Sells Q1 2025 → Q2 2025
| IOO iShares Global 100 ETF | Reduce -95.6% | 0.00% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 0.40% | −0.08 |
| IVE iShares S&P 500 Value ETF | Reduce -3.2% | 0.82% | −0.08 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -75.0% | 0.03% | −0.07 |
| JPST JPMorgan Ultra-Short Income | Reduce -0.3% | 0.66% | −0.06 |
| DVY iShares Select Dividend ETF | Reduce -5.3% | 0.28% | −0.04 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -76.8% | 0.01% | −0.03 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.5% | 0.79% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -5.9% | 0.03% | −0.03 |
| AGG iShares Core U.S. Aggregate | Reduce -1.0% | 0.30% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.3% | 0.53% | −0.03 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -3.9% | 0.18% | −0.02 |
| OVLY Oak Valley Bancorp | Sold out | 0.00% | −0.02 |
| IWL iShares Russell Top 200 ETF | Reduce -28.4% | 0.06% | −0.02 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Reduce -4.0% | 0.17% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Reduce -5.2% | 0.47% | −0.02 |
| QTRX Quanterix Corp. | Reduce -57.0% | 0.01% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -5.8% | 0.06% | −0.01 |
| FTCS First Trust Capital Strength | Reduce -2.1% | 0.13% | −0.01 |
| AFL Aflac Inc. | Reduce -18.6% | 0.03% | −0.01 |
| MSI Motorola Solutions Inc. | Reduce -22.2% | 0.02% | −0.01 |
| PEP Pepsico Inc. | Reduce -4.5% | 0.03% | −0.01 |
| ACWV iShares MSCI Global Min Vol | Reduce -7.0% | 0.06% | −0.01 |
| SCHP Schwab U.S. Tips ETF | Reduce -1.8% | 0.08% | −0.01 |
| JNJ Johnson & Johnson | Reduce -0.3% | 0.05% | −0.01 |
| BJ Bj's Wholesale Club Holdings | Reduce -0.5% | 0.05% | −0.01 |
| IBD Inspire Corporate Bond ETF | Reduce -9.2% | 0.04% | −0.01 |
| VDE Vanguard Energy ETF | Reduce -1.0% | 0.04% | −0.01 |
| ACN Accenture PLC Class A | Reduce -0.4% | 0.06% | −0.01 |
| AMGN Amgen Inc. | Reduce -0.5% | 0.03% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -1.1% | 0.03% | −0.01 |
| MINT PIMCO Enhanced Short Maturit | Reduce -35.8% | 0.01% | −0.01 |
| UITB Victoryshares Core Intermedi | Reduce -23.4% | 0.02% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -18.6% | 0.03% | −0.01 |
| RWX State Street SPDR Dow Jones | Reduce -52.0% | 0.01% | −0.01 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.01 |
| SCHO Schwab Short-Term US Treas | Reduce -14.1% | 0.02% | −0.01 |
| USTB Victoryshares Short-Term Bon | Reduce -16.6% | 0.02% | −0.01 |
| MXCT Maxcyte Inc. | Sold out | 0.00% | −0.01 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.01 |
| AGM Federal Agric MTG Corp. Class C | Reduce -15.7% | 0.02% | −0.01 |
| FVD First Trust Value Line DVD | Reduce -0.2% | 0.06% | −0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -4.2% | 0.04% | −0.00 |
| KO The Coca-Cola Co. | Reduce -1.0% | 0.04% | −0.00 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.00 |
| UNP Union Pacific Corp. | Reduce -0.5% | 0.03% | −0.00 |
| FUTY Fidelity MSCI US Utilities | Reduce -0.9% | 0.07% | −0.00 |
| NEE Nextera Energy Inc. | Reduce -0.5% | 0.04% | −0.00 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −0.00 |
| QUAL iShares MSCI USA Quality Fac | Reduce -14.2% | 0.02% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +3.1% | 2.86% | +0.13 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +7.1% | 3.72% | +0.12 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +4.3% | 5.04% | +0.11 |
| MSFT Microsoft Corp. | Add +3.5% | 0.43% | +0.09 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +2280.2% | 0.08% | +0.07 |
| NVDA Nvidia Corp. | Add +0.4% | 0.24% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +8.0% | 0.53% | +0.05 |
| IUSG iShares Core S&P U.S. Growth | Add +2.7% | 0.43% | +0.05 |
| CGDV Cap Group Dividend Value | Add +5.6% | 0.48% | +0.04 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Add +270.5% | 0.05% | +0.03 |
| PULS Pgim Ultra Short Bond ETF | New | 0.03% | +0.03 |
| CGGR Cap Group Growth Equity | Add +2.6% | 0.29% | +0.03 |
| IWY iShares Russell Top 200 Grow | Add +1.8% | 0.36% | +0.03 |
| SPBO SS SPDR P Corp. Bond ETF | Add +70.4% | 0.08% | +0.03 |
| GLD SPDR Gold Shares | Add +130.4% | 0.06% | +0.03 |
| VIOO Vanguard S&P Small-Cap 600 E | Add +147.5% | 0.05% | +0.03 |
| CGGO Cap Group Global Growth | Add +8.9% | 0.25% | +0.03 |
| EFA iShares MSCI Eafe ETF | Add +1.9% | 1.01% | +0.03 |
| CVNA Carvana Co. | New | 0.02% | +0.02 |
| FELG Fidelity Enh LRG Cap GWTH | Add +64.9% | 0.05% | +0.02 |
| VXF Vanguard Extended Market ETF | Add +3.4% | 0.35% | +0.02 |
| SCHF Schwab Intl Equity ETF | Add +33.7% | 0.08% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.3% | 0.61% | +0.02 |
| CGCP Cap Group Core Plus Income | Add +29.3% | 0.12% | +0.02 |
| VOOV Vanguard S&P 500 Value ETF | Add +60.8% | 0.06% | +0.02 |
| ESGV Vanguard ESG US Stock ETF | Add +73.8% | 0.04% | +0.02 |
| AMZN Amazon.com Inc. | Add +3.9% | 0.19% | +0.02 |
| CGCV Cap Group Conservative Eq | Add +255.3% | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +11.5% | 0.09% | +0.02 |
| CGUS Cap Group Core Equity | Add +6.8% | 0.21% | +0.02 |
| VYM Vanguard High DVD Yield ETF | Add +9.8% | 0.37% | +0.02 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +7.9% | 0.18% | +0.02 |
| CGDG Cap Group Dividend Growers | Add +5.8% | 0.26% | +0.02 |
| JEPI JPMorgan Equity Premium Inco | Add +74.0% | 0.04% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +1.1% | 0.16% | +0.02 |
| META Meta Platforms Inc. Class A | Add +4.0% | 0.08% | +0.02 |
| IRTR iShares Lifepath Retirement | New | 0.01% | +0.01 |
| ELCV Eventide High Dividend ETF | Add +143.8% | 0.02% | +0.01 |
| VOOG Vanguard S&P 500 Growth ETF | Add +18.5% | 0.06% | +0.01 |
| FESM Fidelity Enhanced Small Cap | New | 0.01% | +0.01 |
| RDVY First Trust Rising Dividend | Add +5.9% | 0.28% | +0.01 |
| ORCL Oracle Corp. | Add +32.8% | 0.03% | +0.01 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +2.4% | 0.25% | +0.01 |
| CGMS Cap Group US Multi-Sect Bond | Add +13.8% | 0.20% | +0.01 |
| GNR State Street SPDR S&P Global | Add +23.4% | 0.08% | +0.01 |
| JGRO JPMorgan Active Growth ETF | New | 0.01% | +0.01 |
| TMDX Transmedics Group Inc. | Add +34.6% | 0.02% | +0.01 |
| PVAL Putnam Focused LRG Cap Value | New | 0.01% | +0.01 |
| VSS Vanguard Ftse All Wo X-US SC | Add +1.3% | 0.13% | +0.01 |
| AVGO Broadcom Inc. | Add +3.6% | 0.03% | +0.01 |
Notes & Other Activity Q1 2025 → Q2 2025
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | Add +13.6% | 158,472 | $3.8M |
| IBDQ iShares Ibonds Dec 2025 Term | IBONDS DEC25 ETF · principal | Add +14.5% | 144,615 | $3.6M |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | IBONDS 27 ETF · principal | Add +20.2% | 114,080 | $2.8M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 724 | $9.4B | VEA, SPYG, SPYV, SPMD, VTIP |
| Q1 2026 | 673 | $8.4B | VEA, SPYV, SPYG, SPMD, VTIP |
| Q4 2025 | 653 | $8.1B | VEA, SPYG, SPYV, SPMD, VOO |
| Q3 2025 | 642 | $7.7B | VEA, SPYG, SPYV, SPMD, VOO |
| Q2 2025 | 636 | $7.2B | VEA, SPYG, SPYV, SPMD, VOO |
| Q1 2025 | 598 | $6.6B | VEA, SPYV, SPYG, SPMD, VTIP |
| Q4 2024 | 587 | $6.4B | VEA, SPYG, SPYV, SPMD, VOO |
| Q3 2024 | 577 | $6.4B | VEA, SPYV, SPYG, SPMD, VOO |
| Q2 2024 | 553 | $5.9B | VEA, SPYG, SPYV, SPMD, VTIP |
| Q1 2024 | 531 | $5.7B | VEA, SPYV, SPYG, SPMD, VOO |