Bellwether Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Bellwether Advisors, LLC reported 513 stock positions worth $478.7 million. Its top holding was SS Technology Select Sector (XLK) at 15.1% of the portfolio, followed by SS Financial Select Sector (XLF, 10.2%) and iShares Core S&P 500 ETF (IVV, 6.8%). Compared with Q4 2024, it opened 18 new positions, sold out of 19, added to 51 and reduced 103. The biggest buy was SS Health Care Select Sector (XLV, shares +175077%) and the biggest sale SS Technology Select Sector (XLK, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- LINCOLN, NE
- CIK
- 0001819815
- Portfolio Value
- $478.7M (Q1 2025)
- SEC Filing
- 0001946654-25-000004 ↗ filed May 7, 2025
Holdings Value
Holdings 513 stocks · $478.7M
| XLK SS Technology Select Sector | 15.06% | 349,151 | $72.1M | Reduce -25.3% |
| XLF SS Financial Select Sector | 10.16% | 976,289 | $48.6M | Reduce -18.7% |
| IVV iShares Core S&P 500 ETF | 6.75% | 57,553 | $32.3M | Reduce -3.7% |
| XLV SS Health Care Select Sector | 3.53% | 115,617 | $16.9M | Add +175077.3% |
| IWS iShares Russell Mid-Cap Valu | 3.37% | 127,894 | $16.1M | New |
| XLY SS Consumer Disc Select Sect | 3.33% | 80,790 | $16.0M | Reduce -27.5% |
| IWP iShares Russell Mid-Cap Grow | 3.30% | 134,523 | $15.8M | Add +24226.0% |
| MSFT Microsoft Corp. | 2.81% | 35,823 | $13.4M | Reduce -24.4% |
| PJAN Innovator U.S. Equity Power | 2.33% | 269,059 | $11.2M | Reduce -2.6% |
| AVGO Broadcom Inc. | 2.29% | 65,411 | $11.0M | Reduce -34.4% |
| USMV iShares MSCI USA Min Vol Fac | 2.02% | 103,198 | $9.7M | Add +0.4% |
| NVDA Nvidia Corp. | 1.94% | 85,541 | $9.3M | Reduce -13.0% |
| PDEC Innovator U.S. Equity Power | 1.58% | 201,633 | $7.6M | Add +393.1% |
| PAPR Innovator U.S. Equity Power | 1.58% | 212,049 | $7.6M | Reduce -1.0% |
| MRVL Marvell Technology Inc. | 1.55% | 120,564 | $7.4M | Add +205.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.55% | 13,934 | $7.4M | Add +0.2% |
| MSCI MSCI Inc. | 1.27% | 10,757 | $6.1M | Reduce -12.1% |
| MCO Moody's Corp. | 1.25% | 12,883 | $6.0M | Add +26.0% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.19% | 16,557 | $5.7M | Add +109.7% |
| IJH iShares Core S&P Midcap ETF | 1.15% | 94,769 | $5.5M | Add +0.3% |
| IXN iShares Global Tech ETF | 1.02% | 64,759 | $4.9M | Reduce -0.1% |
| MCHP Microchip Technology Inc. | 1.01% | 99,751 | $4.8M | Reduce -34.8% |
| IJR iShares Core S&P Small-Cap E | 0.99% | 45,472 | $4.8M | Add +0.4% |
| ABBV Abbvie Inc. | 0.99% | 22,533 | $4.7M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.97% | 8,292 | $4.6M | Add +153.5% |
| PMAR Innovator U.S. Equity Power | 0.87% | 104,429 | $4.2M | Add +21.1% |
| AMP Ameriprise Financial Inc. | 0.85% | 8,411 | $4.1M | Reduce -40.8% |
| PJUN Innovator U.S. Equity Power | 0.84% | 108,077 | $4.0M | Reduce -15.6% |
| URI United Rentals Inc. | 0.80% | 6,113 | $3.8M | No change |
| MTUM iShares MSCI USA Momentum Fa | 0.78% | 18,508 | $3.7M | Reduce -0.0% |
| PSEP Innovator U.S. Equity Power | 0.78% | 96,612 | $3.7M | Reduce -0.3% |
| SPGI S&P Global Inc. | 0.77% | 7,257 | $3.7M | Add +72470.0% |
| PNOV Innovator U.S. Equity Power | 0.77% | 98,620 | $3.7M | Add +2.2% |
| BJUL Innovator U.S. Equity Buffer | 0.68% | 75,522 | $3.3M | No change |
| ORCL Oracle Corp. | 0.68% | 23,308 | $3.3M | Reduce -69.2% |
| BFEB Innovator U.S. Equity Buffer | 0.59% | 68,241 | $2.8M | No change |
| ABT Abbott Laboratories | 0.58% | 21,000 | $2.8M | Reduce -0.2% |
| IXUS iShares Core Intl Stock ETF | 0.55% | 37,824 | $2.6M | Reduce -0.3% |
| MCK McKesson Corp. | 0.53% | 3,795 | $2.6M | Add +2044.1% |
| HCA HCA Healthcare Inc. | 0.51% | 7,124 | $2.5M | New |
| PAUG Innovator U.S. Equity Power | 0.51% | 64,569 | $2.4M | Reduce -69.0% |
| HUM Humana Inc. | 0.48% | 8,732 | $2.3M | New |
| SCHW Schwab (charles) Corp. | 0.46% | 28,122 | $2.2M | Add +489.6% |
| AAPL Apple Inc. | 0.43% | 9,293 | $2.1M | Add +0.1% |
| CPRT Copart Inc. | 0.42% | 35,625 | $2.0M | Add +2.1% |
| DHI D.R. Horton Inc. | 0.40% | 15,171 | $1.9M | Add +136.8% |
| LEN Lennar Corp. Class A | 0.38% | 15,845 | $1.8M | Add +4265.0% |
| BJAN Innovator U.S. Equity Buffer | 0.37% | 38,481 | $1.8M | Reduce -0.6% |
| AON Aon PLC Class A | 0.37% | 4,494 | $1.8M | New |
| AGG iShares Core U.S. Aggregate | 0.36% | 17,598 | $1.7M | Reduce -3.1% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.34% | 1,634 | $1.6M | Reduce -44.4% |
| IBB iShares Biotechnology ETF | 0.32% | 12,156 | $1.6M | No change |
| USIG iShares Broad Usd Investment | 0.32% | 30,182 | $1.5M | Reduce -2.8% |
| IVW iShares S&P 500 Growth ETF | 0.32% | 16,283 | $1.5M | Reduce -7.0% |
| CTAS Cintas Corp. | 0.30% | 6,924 | $1.4M | Reduce -29.4% |
| CAH Cardinal Health Inc. | 0.29% | 9,964 | $1.4M | Add +3617.9% |
| POCT Innovator U.S. Equity Power | 0.28% | 35,076 | $1.4M | Add +6.9% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.28% | 17,075 | $1.3M | Add +0.4% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.27% | 26,982 | $1.3M | Add +0.5% |
| IBIT iShares Bitcoin Trust ETF | 0.26% | 26,283 | $1.2M | Add +0.1% |
| WST West Pharmaceutical Services | 0.25% | 5,273 | $1.2M | New |
| GBTC Grayscale Bitcoin Trust ETF | 0.25% | 18,082 | $1.2M | Add +0.2% |
| JEPI JPMorgan Equity Premium Inco | 0.23% | 19,393 | $1.1M | No change |
| REGN Regeneron Pharmaceuticals | 0.22% | 1,697 | $1.1M | New |
| PFEB Innovator U.S. Equity Power | 0.19% | 25,873 | $927K | Add +1690.5% |
| PJUL Innovator U.S. Equity Power | 0.18% | 21,750 | $874K | Reduce -5.8% |
| XLC SS Comm Select Sector SPDR | 0.18% | 9,035 | $871K | Reduce -92.2% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.17% | 18,831 | $815K | No change |
| IYH iShares U.S. Healthcare ETF | 0.17% | 13,261 | $807K | Reduce -1.7% |
| ACWV iShares MSCI Global Min Vol | 0.16% | 6,642 | $771K | Add +3.9% |
| BDEC Innovator U.S. Equity Buffer | 0.16% | 17,868 | $748K | No change |
| FLOT iShares Floating Rate Bond E | 0.15% | 14,338 | $732K | Add +3.5% |
| GOOGL Alphabet Inc. Class A | 0.15% | 4,536 | $701K | Reduce -63.8% |
| PMAY Innovator U.S. Equity Power | 0.14% | 19,217 | $688K | Reduce -2.6% |
| AMZN Amazon.com Inc. | 0.14% | 3,493 | $665K | Reduce -3.3% |
| SHW The Sherwin-Williams Co. | 0.13% | 1,849 | $646K | No change |
| PHM Pultegroup Inc. | 0.13% | 6,201 | $637K | Add +4206.3% |
| XLI SS Industrial Select Sector | 0.13% | 4,859 | $637K | Reduce -22.0% |
| ACWI iShares MSCI Acwi ETF | 0.13% | 5,363 | $624K | Add +3.6% |
| FSK FS KKR Capital Corp. | 0.13% | 28,790 | $603K | Reduce -3.9% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.13% | 10,281 | $600K | Reduce -28.9% |
| LRGF iShares US Equity Factor ETF | 0.12% | 10,222 | $588K | Add +3.2% |
| IYK iShares US Consumer Staples | 0.12% | 8,109 | $580K | Reduce -96.1% |
| ROST Ross Stores Inc. | 0.12% | 4,517 | $577K | Reduce -40.0% |
| BSEP Innovator U.S. Equity Buffer | 0.11% | 12,383 | $517K | No change |
| BMAR Innovator U.S. Equity Buffer | 0.11% | 11,334 | $516K | No change |
| ED Consolidated Edison Inc. | 0.10% | 4,238 | $469K | Reduce -3.1% |
| BUFF Innovator Laddered Allocatio | 0.10% | 10,596 | $467K | No change |
| FAST Fastenal Co. | 0.09% | 5,410 | $420K | Reduce -82.6% |
| HD Home Depot Inc. | 0.09% | 1,117 | $409K | Reduce -4.3% |
| T AT&T Inc. | 0.08% | 14,270 | $404K | No change |
| MRSH Marsh & McLennan Cos | 0.08% | 1,616 | $394K | Reduce -93.2% |
| WERN Werner Enterprises Inc. | 0.08% | 12,379 | $363K | No change |
| VOO Vanguard S&P 500 ETF | 0.07% | 696 | $358K | No change |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.07% | 7,718 | $356K | Reduce -14.0% |
| IVE iShares S&P 500 Value ETF | 0.07% | 1,869 | $353K | Add +24.0% |
| HRL Hormel Foods Corp. | 0.07% | 11,237 | $348K | Reduce -83.3% |
| BOCT Innovator U.S. Equity Buffer | 0.07% | 8,147 | $342K | No change |
| V Visa Inc. Class A | 0.07% | 923 | $323K | Reduce -4.7% |
| UNP Union Pacific Corp. | 0.07% | 1,323 | $313K | No change |
Lines left out (1) · $3 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| RF Regions Financial Corp. | COM | 0 | $3 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $478.7M.
Portfolio Sells Q4 2024 → Q1 2025
| XLK SS Technology Select Sector | Reduce -25.3% | 15.06% | −4.38 |
| IYK iShares US Consumer Staples | Reduce -96.1% | 0.12% | −2.33 |
| AVGO Broadcom Inc. | Reduce -34.4% | 2.29% | −1.85 |
| XLC SS Comm Select Sector SPDR | Reduce -92.2% | 0.18% | −1.83 |
| ORCL Oracle Corp. | Reduce -69.2% | 0.68% | −1.57 |
| XLY SS Consumer Disc Select Sect | Reduce -27.5% | 3.33% | −1.14 |
| PAUG Innovator U.S. Equity Power | Reduce -69.0% | 0.51% | −0.92 |
| CME Cme Group Inc. | Reduce -95.9% | 0.05% | −0.83 |
| MRSH Marsh & McLennan Cos | Reduce -93.2% | 0.08% | −0.82 |
| MSFT Microsoft Corp. | Reduce -24.4% | 2.81% | −0.76 |
| MCHP Microchip Technology Inc. | Reduce -34.8% | 1.01% | −0.56 |
| AMP Ameriprise Financial Inc. | Reduce -40.8% | 0.85% | −0.50 |
| NVDA Nvidia Corp. | Reduce -13.0% | 1.94% | −0.42 |
| APO Apollo Global Management Inc. | Reduce -96.5% | 0.01% | −0.40 |
| COIN Coinbase Global Inc. Class A | Reduce -99.3% | 0.00% | −0.32 |
| FAST Fastenal Co. | Reduce -82.6% | 0.09% | −0.31 |
| HRL Hormel Foods Corp. | Reduce -83.3% | 0.07% | −0.31 |
| EL Estee Lauder Companies Class A | Reduce -99.5% | 0.00% | −0.30 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -99.5% | 0.00% | −0.30 |
| CLX Clorox Company | Reduce -99.4% | 0.00% | −0.30 |
| GOOGL Alphabet Inc. Class A | Reduce -63.8% | 0.15% | −0.28 |
| BF.B Brown-Forman Corp. Class B | Reduce -99.5% | 0.00% | −0.27 |
| NWS News Corp. Class B | Reduce -95.1% | 0.01% | −0.23 |
| XLF SS Financial Select Sector | Reduce -18.7% | 10.16% | −0.22 |
| GWW WW Grainger Inc. | Reduce -44.4% | 0.34% | −0.22 |
| DG Dollar General Corp. | Reduce -99.6% | 0.00% | −0.17 |
| WMT Walmart Inc. | Reduce -74.2% | 0.07% | −0.16 |
| CMCSA Comcast Corp. Class A | Reduce -94.2% | 0.01% | −0.16 |
| CSGP Costar Group Inc. | Reduce -99.6% | 0.00% | −0.15 |
| PINS Pinterest Inc. Class A | Reduce -96.0% | 0.01% | −0.15 |
| EA Electronic Arts Inc. | Reduce -99.5% | 0.00% | −0.14 |
| AZO AutoZone Inc. | Reduce -99.2% | 0.00% | −0.14 |
| ORLY O'reilly Automotive Inc. | Reduce -86.5% | 0.03% | −0.14 |
| ON On Semiconductor | Sold out | 0.00% | −0.09 |
| ROST Ross Stores Inc. | Reduce -40.0% | 0.12% | −0.08 |
| OMC Omnicom Group | Reduce -99.6% | 0.00% | −0.07 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.06 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -99.9% | 0.00% | −0.05 |
| MSCI MSCI Inc. | Reduce -12.1% | 1.27% | −0.04 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −0.03 |
| LUV Southwest Airlines Co. | Reduce -84.3% | 0.01% | −0.03 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.03 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.03 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -28.9% | 0.13% | −0.02 |
| PJUN Innovator U.S. Equity Power | Reduce -15.6% | 0.84% | −0.02 |
| CTAS Cintas Corp. | Reduce -29.4% | 0.30% | −0.02 |
| RWR SS SPDR Dow Jones REIT ETF | Sold out | 0.00% | −0.02 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.01 |
| XLI SS Industrial Select Sector | Reduce -22.0% | 0.13% | −0.01 |
| IJS iShares S&P Small-Cap 600 Va | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| XLV SS Health Care Select Sector | Add +175077.3% | 3.53% | +3.52 |
| IWS iShares Russell Mid-Cap Valu | New | 3.37% | +3.37 |
| IWP iShares Russell Mid-Cap Grow | Add +24226.0% | 3.30% | +3.29 |
| PDEC Innovator U.S. Equity Power | Add +393.1% | 1.58% | +1.30 |
| AJG Arthur J Gallagher & Co. | Add +109.7% | 1.19% | +0.79 |
| MRVL Marvell Technology Inc. | Add +205.9% | 1.55% | +0.77 |
| SPGI S&P Global Inc. | Add +72470.0% | 0.77% | +0.77 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +153.5% | 0.97% | +0.63 |
| MCK McKesson Corp. | Add +2044.1% | 0.53% | +0.52 |
| HCA HCA Healthcare Inc. | New | 0.51% | +0.51 |
| HUM Humana Inc. | New | 0.48% | +0.48 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 1.55% | +0.42 |
| SCHW Schwab (charles) Corp. | Add +489.6% | 0.46% | +0.40 |
| MCO Moody's Corp. | Add +26.0% | 1.25% | +0.39 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.4% | 2.02% | +0.39 |
| AON Aon PLC Class A | New | 0.37% | +0.37 |
| LEN Lennar Corp. Class A | Add +4265.0% | 0.38% | +0.37 |
| CAH Cardinal Health Inc. | Add +3617.9% | 0.29% | +0.28 |
| PMAR Innovator U.S. Equity Power | Add +21.1% | 0.87% | +0.25 |
| WST West Pharmaceutical Services | New | 0.25% | +0.25 |
| DHI D.R. Horton Inc. | Add +136.8% | 0.40% | +0.24 |
| REGN Regeneron Pharmaceuticals | New | 0.22% | +0.22 |
| PFEB Innovator U.S. Equity Power | Add +1690.5% | 0.19% | +0.18 |
| PHM Pultegroup Inc. | Add +4206.3% | 0.13% | +0.13 |
| PNOV Innovator U.S. Equity Power | Add +2.2% | 0.77% | +0.11 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 1.15% | +0.10 |
| CPRT Copart Inc. | Add +2.1% | 0.42% | +0.06 |
| EFAV iShares MSCI Eafe Min Vol Fa | Add +0.4% | 0.28% | +0.06 |
| IJR iShares Core S&P Small-Cap E | Add +0.4% | 0.99% | +0.06 |
| POCT Innovator U.S. Equity Power | Add +6.9% | 0.28% | +0.05 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +0.5% | 0.27% | +0.04 |
| ACWV iShares MSCI Global Min Vol | Add +3.9% | 0.16% | +0.04 |
| FLOT iShares Floating Rate Bond E | Add +3.5% | 0.15% | +0.03 |
| GLD SPDR Gold Shares | Add +2009.5% | 0.03% | +0.03 |
| IVE iShares S&P 500 Value ETF | Add +24.0% | 0.07% | +0.02 |
| ACWI iShares MSCI Acwi ETF | Add +3.6% | 0.13% | +0.02 |
| LRGF iShares US Equity Factor ETF | Add +3.2% | 0.12% | +0.02 |
| AAPL Apple Inc. | Add +0.1% | 0.43% | +0.02 |
| IJJ iShares S&P Mid-Cap 400 Valu | Add +25.2% | 0.05% | +0.01 |
| EMB iShares JP Morgan Usd Emergi | Add +14.0% | 0.05% | +0.01 |
| RC Ready Capital Corp. | New | 0.01% | +0.01 |
| IYR iShares US Real Estate ETF | Add +19.5% | 0.03% | +0.01 |
| EQBK Equity Bancshares Inc. Class A | New | 0.01% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +0.1% | 0.26% | +0.01 |
| GBTC Grayscale Bitcoin Trust ETF | Add +0.2% | 0.25% | +0.01 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +18.0% | 0.03% | +0.01 |
| ZTS Zoetis Inc. | Add +37.2% | 0.02% | +0.01 |
| VXX Ipath Series B S&P 500 Vix | Add +500.0% | 0.01% | +0.01 |
| CVX Chevron Corp. | Add +16.6% | 0.01% | +0.01 |
| AMGN Amgen Inc. | Add +0.4% | 0.02% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 167 | $675.0M | XLK, IVV, VEA, XLI, XLV |
| Q1 2026 | 159 | $590.2M | XLK, IVV, XLI, XLB, XLF |
| Q4 2025 | 134 | $626.6M | XLK, XLY, XLC, XLI, IVV |
| Q3 2025 | 136 | $604.9M | XLK, XLC, XLY, XLI, IVV |
| Q2 2025 | 598 | $585.4M | XLK, XLY, XLI, IVV, XLC |
| Q1 2025 | 513 | $478.7M | XLK, XLF, IVV, XLV, IWS |
| Q4 2024 | 513 | $559.2M | XLK, XLF, IVV, XLY, AVGO |
| Q3 2024 | 125 | $520.6M | XLK, IVV, XLF, XLY, SPY |
| Q2 2024 | 119 | $476.8M | XLK, IVV, IYH, XLY, XLI |
| Q1 2024 | 118 | $455.2M | XLK, IYH, IVV, XLY, XLF |