13F

Position

Valmark Advisers, Inc. in Automatic Data Processing In

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$656.3K$257.23$203.19

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202512.2K$3.14M0.0%
Q1 202612.1K$2.47M$203.19−$656.3K−$15.9K0.0%