SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Bellwether Advisors, LLC

CIK 0001819815 · 140 N 8TH STREET, SUITE 210, LINCOLN, NE, 68508 · 402-476-8844

Reported Value
$585M
Q2 2025
Positions
599
Filings on Record
22
2019–present window
Filed
Aug 11, 2025
original filing

Summary

Bellwether Advisors, LLC reported $585M in U.S.-listed holdings across 599 positions for Q2 2025.

Its largest position, Select Sector Spdr Tr, represents 11.5% of the portfolio.

Compared with Q1 2025, the fund opened 105 new positions and exited 20.

Portfolio Metrics

Turnover
+27.6%
vs prior filed quarter
Top-10 Concentration
+51.4%
share of reported value
Largest Position
+11.5%
Select Sector Spdr Tr
New / Exited
105 / 20
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. 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
Q4 ’20: $227MQ4 ’20Q1 ’21: $253MQ2 ’21: $290MQ3 ’21: $301MQ3 ’21Q4 ’21: $321MQ1 ’22: $336MQ2 ’22: $311MQ2 ’22Q3 ’22: $303MQ4 ’22: $344MQ1 ’23: $365MQ1 ’23Q2 ’23: $340MQ3 ’23: $367MQ4 ’23: $407MQ4 ’23Q1 ’24: $455MQ2 ’24: $477MQ3 ’24: $521MQ3 ’24Q4 ’24: $559MQ1 ’25: $479MQ2 ’25: $585MQ2 ’25Q3 ’25: $605MQ4 ’25: $627MQ1 ’26: $590MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 65.5%Common Stock: 32.2%Other: 2.2%REIT: 0.0%ADR: 0.0%
  • ETP · 65.5% · $384M
  • Common Stock · 32.2% · $188M
  • Other · 2.2% · $13M
  • REIT · 0.0% · $267,442
  • ADR · 0.0% · $210,133

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ROYAL CARIBBEAN GROUPNEW+30.8K30.8K+$10M$10M
RBLXROBLOX CORPNEW+83.8K83.8K+$9M$9M
CPNGCOUPANG INCNEW+283.4K283.4K+$8M$8M
PLTRPALANTIR TECHNOLOGIES INCNEW+61.3K61.3K+$8M$8M
SNOWSNOWFLAKE INCNEW+36.6K36.6K+$8M$8M
CVNACARVANA CONEW+22.9K22.9K+$8M$8M
AXONAXON ENTERPRISE INCNEW+7.0K7.0K+$6M$6M
EMEEMCOR GROUP INCNEW+10.8K10.8K+$6M$6M

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

Holdings — Q2 2025

32 positions
#IssuerClass% PortfolioValueShares
1XLCSELECT SECTOR SPDR TRTECHNOLOGY · SBI CONS DISCR · INDL · COMMUNICATION · FINANCIAL36.45%$213M1.44M
2ISHARES TRCORE S&P500 ETF · MSCI USA MIN VOL · GLOBAL TECH ETF · CORE S&P MCP ETF · CORE S&P SCP ETF · MSCI USA MMENTM · CORE MSCI TOTAL11.90%$70M421.0K
3INNOVATOR ETFS TRUSTUS EQTY PWR BUF · US EQT PWR BUF · US EQTY BUFR JUL · US EQTY BUFR FEB8.85%$52M1.25M
4BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW2.82%$16M33.9K
5AVGOBROADCOM INChistory →COM2.34%$14M49.7K
6ROYAL CARIBBEAN GROUPCOM1.65%$10M30.8K
7NVDANVIDIA CORPORATIONhistory →COM1.59%$9M59.1K
8RBLXROBLOX CORPhistory →CL A1.51%$9M83.8K
9CPNGCOUPANG INChistory →CL A1.45%$8M283.4K
10PLTRPALANTIR TECHNOLOGIES INChistory →CL A1.43%$8M61.3K
11MLB1MERCADOLIBRE INChistory →COM1.40%$8M3.1K
12SNOWSNOWFLAKE INChistory →CL A1.40%$8M36.6K
13CITCINTAS CORPhistory →COM1.32%$8M34.8K
14CVNACARVANA COhistory →CL A1.32%$8M22.9K
15MSFTMICROSOFT CORPhistory →COM1.04%$6M12.2K
16AXONAXON ENTERPRISE INCCOM1.00%$6M7.0K
17GEVGE VERNOVA INCCOM0.99%$6M11.0K
18EMEEMCOR GROUP INCCOM0.99%$6M10.8K
19HEIHEICO CORP NEWCOM0.96%$6M17.1K
20SPDR S&P 500 ETF TRTR UNIT0.89%$5M8.4K
21GE AEROSPACECOM NEW0.89%$5M20.2K
22URIUNITED RENTALS INCCOM0.78%$5M6.0K
23ABBVABBVIE INCCOM0.72%$4M22.6K
24A4SAMERIPRISE FINL INCCOM0.55%$3M6.0K
25METAMETA PLATFORMS INCCL A0.54%$3M4.3K
26NFLXNETFLIX INCCOM0.54%$3M2.4K
27IBKRINTERACTIVE BROKERS GROUP INCOM CL A0.49%$3M52.2K
28SPOTIFY TECHNOLOGY S ASHS0.49%$3M3.7K
29ABTABBOTT LABSCOM0.49%$3M21.0K
30MIGAMICROSTRATEGY INCCL A NEW0.48%$3M7.0K
31VVISA INCCOM CL A0.48%$3M7.8K
32TTWOTAKE-TWO INTERACTIVE SOFTWARCOM0.47%$3M11.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$590M159May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$627M134Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$605M136Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$585M599Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$479M514May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$559M514Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$521M125Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$477M119Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$455M118May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$407M113Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$367M111Oct 30, 202313F-HRchanges · EDGAR ↗
Q2 2023$340M90Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$365M489May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$344M495Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$303M537Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$311M464Aug 5, 202213F-HRchanges · EDGAR ↗
Q1 2022$336M587Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$321M589Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$301M571Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$290M458Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$253M434May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$227M345Jan 29, 202113F-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 ↗.