Valmark Advisers Portfolio holdings

AUM $6.63B

This Quarter Return

-0.52%

1 Year Return

+3.58%

3 Year Return

+9.19%

5 Year Return

+58.07%

10 Year Return

+59.25%

AUM

$6.63B

AUM Growth

+$175M (+3%)

Cap. Flow

+$232M

Cap. Flow % of AUM

3.49%

Top 10 Holdings %Top 10 Hldgs %

47.49%

Holding

628

New

Increased

275

Reduced

241

Closed

Top Buys

1	SPDR Portfolio S&P 400 Mid Cap ETF SPMD	$19.1M
2	SPDR Portfolio S&P 600 Small Cap ETF SPSM	$19M
3	Vanguard Intermediate-Term Treasury ETF VGIT	$15.9M
4	SPDR Portfolio S&P 500 Value ETF SPYV	$14.2M
5	Vanguard S&P 500 ETF VOO	$12.7M

Top Sells

1	Schwab US Dividend Equity ETF SCHD	$6.32M
2	First Trust Capital Strength ETF FTCS	$6.19M
3	WisdomTree Target Range Fund GTR	$5.11M
4	Schwab US Mid-Cap ETF SCHM	$2.67M
5	SUM Summit Materials, Inc. Class A Common Stock SUM	$1.9M

Sector Composition

1	Technology	1.74%
2	Financials	1.11%
3	Consumer Discretionary	0.59%
4	Industrials	0.57%
5	Consumer Staples	0.54%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
351	351 iShares US Financials ETF IYF $4.01B	$773K	0.01%	6,853 +2,710	+65%	+$306K
352	352 SPDR Dow Jones International Real Estate ETF RWX $397M	$773K	0.01%	31,574 +1,756	+6%	+$43K
353	353 3M MMM $84.6B	$772K	0.01%	5,254 +70	+1%	+$10.3K
354	354 iShares North American Natural Resources ETF IGE $614M	$771K	0.01%	16,959 -567	-3%	-$25.8K
355	355 PayPal PYPL $71.8B	$768K	0.01%	11,777 -437	-4%	-$28.5K
356	356 Franklin US Treasury Bond ETF FLGV $1.01B	$767K	0.01%	37,315 -591	-2%	-$12.2K
357	357 lululemon athletica LULU $26.8B	$765K	0.01%	2,704 -112	-4%	-$31.7K
358	358 Vanguard Materials ETF VAW $2.72B	$765K	0.01%	4,051 -369	-8%	-$69.7K
359	359 Invesco S&P MidCap Quality ETF XMHQ $4.95B	$761K	0.01%	8,312 -234	-3%	-$21.4K
360	360 Old Dominion Freight Line ODFL $34.5B	$759K	0.01%	4,589 +2,158	+89%	+$357K
361	361 Industrial Select Sector SPDR Fund XLI $22.3B	$745K	0.01%	5,684 +2,006	+55%	+$263K
362	362 Palantir PLTR $352B	$740K	0.01%	8,764 +1,734	+25%	+$146K
363	363 iShares Core 80/20 Aggressive Allocation ETF AOA $2.44B	$739K	0.01%	9,660 +173	+2%	+$13.2K
364	364 Philip Morris PM $281B	$739K	0.01%	4,655 +185	+4%	+$29.4K
365	365 iShares 10-20 Year Treasury Bond ETF TLH $11.2B	$738K	0.01%	+7,112	New	+$738K
366	366 Huntington Bancshares HBAN $24.4B	$727K	0.01%	48,432 -226	-0.5%	-$3.39K
367	367 Dover DOV $25.8B	$727K	0.01%	4,138 +10	+0.2%	+$1.76K
368	368 iShares Core Total USD Bond Market ETF IUSB $32.6B	$719K	0.01%	15,613 -3,149	-17%	-$145K
369	369 iShares Large Cap Deep Buffer ETF IVVB $270M	$716K	0.01%	+24,435	New	+$716K
370	370 iShares 3-7 Year Treasury Bond ETF IEI $15.5B	$713K	0.01%	6,037 +790	+15%	+$93.3K
371	371 iShares Floating Rate Bond ETF FLOT $8.92B	$713K	0.01%	13,959 +1,731	+14%	+$88.4K
372	372 Vanguard Utilities ETF VPU $7.09B	$707K	0.01%	4,140 +11	+0.3%	+$1.88K
373	373 Schwab Fundamental US Large Company Index ETF FNDX $18.7B	$704K	0.01%	+29,823	New	+$704K
374	374 WisdomTree Trust WisdomTree US Quality Dividend Growth Fund DGRW $16B	$703K	0.01%	8,804 -305	-3%	-$24.4K
375	375 PNC Financial Services PNC $76.4B	$701K	0.01%	3,991 -19	-0.5%	-$3.34K