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Portfolio (Quarterly) Guide ↗

Valmark Advisers, Inc.

· CIK 0001380443
13F Portfolio $8.4B AUM 677 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 53 New 347 Added 169 Reduced 33 Exited
Page 9 of 18  ·  347 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 EME EMCOR GROUP INC Industrials 2,939.0 $2.2M 0.03% +321.0 +12.3% $738.31 +13.3%
162 FESM FIDELITY COVINGTON TRUST 56,923.0 $2.2M 0.03% +27K +91.1% $38.00 +23.1%
163 HEFA ISHARES TR 49,723.0 $2.1M 0.03% +2K +3.5% $42.50 +10.5%
164 IBMO ISHARES TR 81,353.0 $2.1M 0.03% +7K +9.4% $25.63 +0.0%
165 LIN LINDE PLC Basic Materials 4,159.0 $2.1M 0.02% +22.0 +0.5% $495.74 +3.3%
166 UITB VICTORY PORTFOLIOS II 42,678.0 $2.0M 0.02% +7K +18.1% $47.02 -0.6%
167 IBMQ ISHARES TR 78,180.0 $2.0M 0.02% +5K +7.2% $25.53 +0.0%
168 IBMP ISHARES TR 76,893.0 $2.0M 0.02% +5K +7.7% $25.44 -0.2%
169 SDY SPDR SERIES TRUST 12,769.0 $1.9M 0.02% +150.0 +1.2% $145.94 +3.1%
170 PUTNAM ETF TRUST 209,452.0 $1.8M 0.02% +1K +0.7% $8.73
171 SHY ISHARES TR 21,992.0 $1.8M 0.02% +18K +414.7% $82.57 -0.7%
172 LHX L3HARRIS TECHNOLOGIES INC Industrials 5,247.0 $1.8M 0.02% +94.0 +1.8% $345.15 -14.6%
173 IBMR ISHARES TR 71,399.0 $1.8M 0.02% +6K +8.6% $25.35 +0.1%
174 FQAL FIDELITY COVINGTON TRUST 24,915.0 $1.8M 0.02% +5K +24.8% $72.60 +11.4%
175 TPSC TIMOTHY PLAN 42,603.0 $1.8M 0.02% +1K +2.8% $42.45 +9.6%
176 JPIB J P MORGAN EXCHANGE TRADED F 36,552.0 $1.7M 0.02% +13K +56.1% $47.82 +0.9%
177 DIA STATE STR SPDR DOW JONES IND Financial Services 3,740.0 $1.7M 0.02% +30.0 +0.8% $463.15 +11.3%
178 NSC NORFOLK SOUTHN CORP Industrials 5,848.0 $1.7M 0.02% +30.0 +0.5% $286.99 +4.6%
179 ESLG STRATEGY SHS 71,785.0 $1.7M 0.02% +2K +3.5% $23.34 +20.6%
180 CGNG CAPITAL GROUP NEW GEOGRAPHY 52,843.0 $1.7M 0.02% +22K +70.9% $31.57 +20.3%
Page 9 of 18  ·  347 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 30.0%
Financial Services 19.0%
Industrials 11.2%
Consumer Cyclical 9.0%
Healthcare 8.6%
Consumer Defensive 7.4%
Communication Services 5.5%
Energy 5.0%
Utilities 3.2%
Basic Materials 1.0%