SEC 13F Intelligence

Managers / Q4 2023 · view latest →

VALLEY NATIONAL ADVISERS INC

CIK 0000773411 · 1655 VALLEY CENTER PARKWAY, SUITE 100, BETHLEHEM, PA, 18017 · 610-868-9000

Reported Value
$630M
Q4 2023
Positions
1,286
Filings on Record
29
2019–present window
Filed
Jan 25, 2024
original filing

Summary

Valley National Advisers Inc reported $630M in U.S.-listed holdings across 1,286 positions for Q4 2023.

The portfolio is heavily concentrated: SCHX alone accounts for 25.7% of reported value.

Compared with Q3 2023, the fund opened 242 new positions and exited 113.

Portfolio Metrics

Turnover
+4.2%
vs prior filed quarter
Top-10 Concentration
+56.1%
share of reported value
Largest Position
+25.7%
Schwab Strategic Tr
New / Exited
242 / 113
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $349MQ1 ’19Q2 ’19: $364MQ3 ’19: $365MQ4 ’19: $400MQ1 ’20: $362MQ1 ’20Q2 ’20: $434MQ3 ’20: $437MQ4 ’20: $477MQ1 ’21: $512MQ1 ’21Q2 ’21: $548MQ3 ’21: $553MQ4 ’21: $542MQ1 ’22: $522MQ1 ’22Q2 ’22: $474MQ3 ’22: $480MQ4 ’22: $557MQ1 ’23: $569MQ1 ’23Q2 ’23: $595MQ3 ’23: $572MQ4 ’23: $630MQ1 ’24: $662MQ1 ’24Q2 ’24: $674MQ3 ’24: $554MQ4 ’24: $557MQ1 ’25: $554MQ1 ’25Q2 ’25: $613MQ3 ’25: $646MQ4 ’25: $722MQ1 ’26: $773MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 51.0%Common Stock: 47.2%ADR: 1.2%Other: 0.2%MLP: 0.2%Other: 0.2%
  • ETP · 51.0% · $321M
  • Common Stock · 47.2% · $298M
  • ADR · 1.2% · $8M
  • Other · 0.2% · $1M
  • MLP · 0.2% · $1M
  • Other · 0.2% · $993,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
J P MORGAN EXCHANGE TRADED FNEW+37.0K37.0K+$2M$2M
GARPISHARES TRNEW+42.2K42.2K+$2M$2M
HIIHUNTINGTON INGALLS INDS INCNEW+4.2K4.2K+$1M$1M
ISHARES TRNEW+10.3K10.3K+$239,000$239,000
IYHISHARES TRNEW+654654+$187,000$187,000
IXUSISHARES TRNEW+2.7K2.7K+$176,000$176,000
QUSSPDR SER TRNEW+1.2K1.2K+$154,000$154,000
PSCIINVESCO EXCH TRADED FD TR IINEW+1.2K1.2K+$137,000$137,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

363 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHXSCHWAB STRATEGIC TRUS LRG CAP ETF · INTL EQTY ETF · US BRD MKT ETF · US LCAP GR ETF · US MID-CAP ETF · US DIVIDEND EQ · EMRG MKTEQ ETF · INTL SCEQT ETF · US SML CAP ETF · SCHWAB FDT US LG · US AGGREGATE B · SCHWB FDT INT LG · SCHWAB FDT US BM · SCHWAB FDT US SC · SHT TM US TRES · SCHWB FDT EMK LG25.70%$162M3.34M
2IJRISHARES TRCORE TOTAL USD · CORE S&P SCP ETF · MRGSTR MD CP GRW · CORE S&P500 ETF · EXPONENTIAL TECH · NATIONAL MUN ETF · FACTORS US GRO · RUS 1000 GRW ETF · IBONDS DEC24 ETF · EAFE GRWTH ETF · CORE DIV GRWTH · ISHARES BIOTECH · ESG ADV TTL USD · IBONDS 24 TRM HG · ESG AWR US AGRGT · SHRT NAT MUN ETF · SELECT DIVID ETF · SP SMCP600VL ETF · IBONDS 25 TRM HG · ESG AW MSCI EAFE · IBONDS DEC25 ETF · RUS MID CAP ETF · IBONDS DEC2026 · CORE 1 5 YR USD · ESG AWRE 1 5 YR · S&P MC 400VL ETF · IBONDS 25 TRM TS · EAFE SML CP ETF · S&P SML 600 GWT · US HLTHCARE ETF · CORE MSCI TOTAL · IBONDS 27 ETF · S&P MC 400GR ETF · US INFRASTRUC · S&P 500 VAL ETF · CORE HIGH DV ETF · MSCI ACWI ETF · RUSSELL 2000 ETF · U.S. MED DVC ETF · US HOME CONS ETF · 1 3 YR TREAS BD · MSCI USA ESG SLC · CORE S&P TTL STK · GLB INFRASTR ETF · EXPANDED TECH · RUS 1000 ETF · RUS 1000 VAL ETF · CALL · MSCI USA MIN VOL7.16%$45M757.9K
3AAPLAPPLE INChistory →COM5.28%$33M172.9K
4MSFTMICROSOFT CORPhistory →COM3.78%$24M63.3K
5VTVVANGUARD INDEX FDSVALUE ETF · MCAP VL IDXVIP · SML CP GRW ETF · TOTAL STK MKT · MCAP GR IDXVIP · GROWTH ETF · S&P 500 ETF SHS · SMALL CP ETF · LARGE CAP ETF · MID CAP ETF · REAL ESTATE ETF · SM CP VAL ETF3.61%$23M132.1K
6BONDPIMCO ETF TRACTIVE BD ETF · ENHNCD LW DUR AC · INTER MUN BD ACT3.45%$22M248.0K
7FBNDFIDELITY MERRIMACK STR TRhistory →TOTAL BD ETF2.92%$18M399.2K
8CMCSACOMCAST CORP NEWhistory →CL A1.50%$9M215.8K
9LMTLOCKHEED MARTIN CORPhistory →COM1.38%$9M19.2K
10LAM RESEARCH CORPCOM1.35%$9M10.9K
11GILDGILEAD SCIENCES INChistory →COM1.30%$8M101.5K
12NEARISHARES U S ETF TRBLACKROCK SH DUR · BLACKROCK SHORT1.26%$8M157.1K
13AMGNAMGEN INChistory →COM1.15%$7M25.1K
14AMZNAMAZON COM INChistory →COM1.12%$7M46.4K
15MDTMEDTRONIC PLCSHS0.99%$6M75.9K
16VIOVVANGUARD ADMIRAL FDS INCSMLCP 600 VAL0.98%$6M69.9K
17JPSTJ P MORGAN EXCHANGE TRADED FULTRA SHRT INC · US QUALTY FCTR · BETABUILDERS US · EQUITY PREMIUM0.95%$6M121.8K
18BLACKROCK INCCOM0.84%$5M6.5K
19MOALTRIA GROUP INCCOM0.80%$5M124.3K
20SCHWSCHWAB CHARLES CORPCOM0.78%$5M71.0K
21HONHONEYWELL INTL INCCOM0.75%$5M22.6K
22JPMJPMORGAN CHASE & COCOM0.75%$5M27.9K
23VGTVANGUARD WORLD FDSINF TECH ETF · CONSUM DIS ETF · UTILITIES ETF · HEALTH CAR ETF0.75%$5M11.2K
24BNYBANK NEW YORK MELLON CORPCOM0.67%$4M81.1K
25ADIANALOG DEVICES INCCOM0.62%$4M19.6K
26BDXBECTON DICKINSON & COCOM0.59%$4M15.3K
27BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.58%$4M10.3K
28TROWPRICE T ROWE GROUP INCCOM0.55%$3M32.3K
29IPGINTERPUBLIC GROUP COS INCCOM0.54%$3M104.2K
30LLYELI LILLY & COCOM0.53%$3M5.7K
31EXMOCEXXON MOBIL CORPCOM0.53%$3M33.3K
32MCDMCDONALDS CORPCOM0.53%$3M11.2K
33GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.51%$3M23.2K
34MSMMSC INDL DIRECT INCCL A0.51%$3M32.0K
35STZCONSTELLATION BRANDS INCCL A0.50%$3M13.0K
36TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.48%$3M29.1K
37USBUS BANCORP DELCOM NEW0.46%$3M67.6K
38PEPPEPSICO INCCOM0.42%$3M15.6K
39BXBLACKSTONE INCCOM0.40%$3M19.2K
40METAMETA PLATFORMS INCCL A0.40%$2M7.0K
41EMREMERSON ELEC COCOM0.40%$2M25.6K
42MRKMERCK & CO INCCOM0.39%$2M22.8K
43EMNEASTMAN CHEM COCOM0.39%$2M27.5K
44KLACKLA CORPCOM NEW0.37%$2M4.1K
45EVREVERCORE INCCLASS A0.37%$2M13.6K
46RSPTINVESCO EXCHANGE TRADED FD TS&P500 EQL TEC · FTSE RAFI 1000 · S&P SMLCP MOMENT · S&P500 EQL HLT · S&P SML600 VAL · S&P500 QUALITY · WATER RES ETF0.36%$2M63.8K
47AMATAPPLIED MATLS INCCOM0.35%$2M13.8K
48COFCAPITAL ONE FINL CORPCOM0.34%$2M16.3K
49WSMWILLIAMS SONOMA INCCOM0.33%$2M10.4K
50CVSCVS HEALTH CORPCOM0.33%$2M26.2K
51CSCOCISCO SYS INCCOM0.31%$2M38.4K
52LOWLOWES COS INCCOM0.30%$2M8.6K
53XBISPDR SER TRS&P BIOTECH · S&P REGL BKG · S&P DIVID ETF · PORTFOLIO AGRGTE · PRTFLO S&P500 VL · MSCI USA STRTGIC0.30%$2M33.3K
54NVDANVIDIA CORPORATIONCOM0.30%$2M3.8K
55FTSFORTIS INCCOM0.30%$2M45.8K
56NVONOVO-NORDISK A SADR0.30%$2M18.1K
57SPYSPDR S&P 500 ETF TRTR UNIT0.29%$2M3.9K
58TSLATESLA INCCOM0.29%$2M7.3K
59APDAIR PRODS & CHEMS INCCOM0.29%$2M6.6K
60NVSNOVARTIS AGSPONSORED ADR0.28%$2M17.4K
61VTEBVANGUARD MUN BD FDSTAX EXEMPT BD0.28%$2M34.5K
62DFAIDIMENSIONAL ETF TRUSTINTL CORE EQT MK · US TARGETED VLU0.27%$2M59.4K
63TOTLSSGA ACTIVE ETF TRSPDR TR TACTIC0.26%$2M40.7K
64IHDGWISDOMTREE TRITL HDG QTLY DIV · INTL EQUITY FD · FLOATNG RAT TREA · EM MKTS QTLY DIV · US MIDCAP DIVID · INTL QULTY DIV0.26%$2M38.9K
65SWKSSKYWORKS SOLUTIONS INCCOM0.24%$2M13.4K
66MGCVANGUARD WORLD FDMEGA CAP INDEX · ESG US CORP BD · MEGA GRWTH IND0.23%$1M14.1K
67NSCNORFOLK SOUTHN CORPCOM0.23%$1M6.1K
68MELIMERCADOLIBRE INCCOM0.23%$1M914
69DIASPDR DOW JONES INDL AVERAGEUT SER 10.23%$1M3.8K
70UNPUNION PAC CORPCOM0.22%$1M5.6K
71PGPROCTER AND GAMBLE COCOM0.21%$1M9.2K
72ALLEALLEGION PLCORD SHS0.21%$1M10.5K
73QQQINVESCO QQQ TRUNIT SER 10.21%$1M3.2K
74VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.20%$1M11.5K
75SBUXSTARBUCKS CORPCOM0.20%$1M13.1K
76WFCWELLS FARGO CO NEWCOM0.20%$1M25.5K
77JNJJOHNSON & JOHNSONCOM0.20%$1M7.9K
78REGNREGENERON PHARMACEUTICALSCOM0.19%$1M1.4K
79AVGOBROADCOM INCCOM0.19%$1M1.1K
80HUBBHUBBELL INCCOM0.19%$1M3.7K
81PPLPPL CORPCOM0.19%$1M43.4K
82CBCHUBB LIMITEDCOM0.18%$1M5.1K
83ADPAUTOMATIC DATA PROCESSING INCOM0.18%$1M4.8K
84BBYBEST BUY INCCOM0.17%$1M13.9K
85INVESCO EXCH TRD SLF IDX FDBULSHS 2025 CB · BULSHS 2024 CB0.17%$1M52.7K
86MMM3M COCOM0.17%$1M9.9K
87HIIHUNTINGTON INGALLS INDS INCCOM0.17%$1M4.1K
88APOAPOLLO GLOBAL MGMT INCCOM0.17%$1M11.4K
89TJXTJX COS INC NEWCOM0.17%$1M11.2K
90GNTXGENTEX CORPCOM0.16%$991,00030.4K
91QCOMQUALCOMM INCCOM0.15%$974,0006.7K
92FMCFMC CORPCOM NEW0.15%$966,00015.3K
93DPZDOMINOS PIZZA INCCOM0.15%$950,0002.3K
94WMTWALMART INCCOM0.15%$942,0006.0K
95UNILEVER PLCSPON ADR NEW0.15%$935,00019.3K
96SEICSEI INVTS COCOM0.15%$922,00014.5K
97EPDENTERPRISE PRODS PARTNERS LCOM0.14%$867,00032.9K
98ABBVABBVIE INCCOM0.14%$856,0005.5K
99VZVERIZON COMMUNICATIONS INCCOM0.14%$854,00022.7K
100TDTORONTO DOMINION BK ONTCOM NEW0.13%$798,00012.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$773M982Apr 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$722M1,023Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$646M973Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$613M957Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$554M970Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$557M894Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$554M864Oct 24, 202413F-HRchanges · EDGAR ↗
Q2 2024$674M1,260Jul 18, 202413F-HRchanges · EDGAR ↗
Q1 2024$662M1,306Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$630M1,286Jan 25, 202413F-HRchanges · EDGAR ↗
Q3 2023$572M1,158Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$595M1,077Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$569M1,062Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$557M981Jan 12, 202313F-HRchanges · EDGAR ↗
Q3 2022$480M994Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$474M974Jul 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$522M985May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$542M973Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$553M932Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$548M940Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$512M891May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$477M854Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$437M843Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$434M850Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$362M839May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$400M824Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$365M823Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$364M784Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$349M788Apr 26, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.