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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 32 of 34  ·  677 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
621 LECO LINCOLN ELEC HLDGS INC Industrials 992.0 $247K 0.00% $249.08 +10.5%
622 QUS SPDR SERIES TRUST 1,427.0 $245K 0.00% $171.64 +7.1%
623 IXC ISHARES TR 4,235.0 $244K 0.00% NEW $57.60 -13.5%
624 ECL ECOLAB INC Basic Materials 911.0 $242K 0.00% +117.0 +14.7% $266.02 +1.2%
625 IGLB ISHARES TR 4,882.0 $242K 0.00% -3K -37.3% $49.63 +1.0%
626 VLO VALERO ENERGY CORP Energy 977.0 $241K 0.00% NEW $247.08 -4.4%
627 SCHW SCHWAB CHARLES CORP Financial Services 2,556.0 $240K 0.00% NEW $93.99 -2.4%
628 FAST FASTENAL CO Industrials 5,117.0 $237K 0.00% -784.0 -13.3% $46.40 -1.1%
629 IJT ISHARES TR 1,638.0 $237K 0.00% +120.0 +7.9% $144.68 +18.0%
630 USA LIBERTY ALL STAR EQUITY FD Financial Services 42,497.0 $236K 0.00% NEW $5.55 +4.5%
631 MEAR ISHARES U S ETF TR 4,664.0 $235K 0.00% NEW $50.34 -0.1%
632 UBER UBER TECHNOLOGIES INC Technology 3,264.0 $235K 0.00% -556.0 -14.6% $71.93 -0.4%
633 XAR SPDR SERIES TRUST 918.0 $233K 0.00% NEW $253.88 +12.0%
634 JTEK J P MORGAN EXCHANGE TRADED F 2,927.0 $233K 0.00% -333.0 -10.2% $79.54 +37.2%
635 VTES VANGUARD WELLINGTON FD 2,295.0 $232K 0.00% NEW $101.14 +0.1%
636 IGSB ISHARES TR 4,391.0 $231K 0.00% -303.0 -6.5% $52.56 -0.5%
637 RWL INVESCO EXCH TRADED FD TR II 2,008.0 $231K 0.00% NEW $114.91 +10.8%
638 VALU VALUE LINE INC Financial Services 6,500.0 $229K 0.00% $35.29 -3.4%
639 SYY SYSCO CORP Consumer Defensive 3,204.0 $229K 0.00% -200.0 -5.9% $71.33 +10.3%
640 HYMB SPDR SERIES TRUST 9,175.0 $228K 0.00% +1K +13.6% $24.80 +2.1%
Page 32 of 34  ·  677 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%