BELLWETHER ADVISORS, LLC

Filed: 2/9/2026ACC: 0001819815-26-000001

📋 What this filing means

BELLWETHER ADVISORS, LLC filed this quarterly 13F‑HR report disclosing 134 equity positions with a total reported market value of $626.63M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

134

Positions

$626.63M

Total AUM (reported)

5.66M

Total Shares

Allocation by class

COM$86.80M13.9%

STATE STREET TEC$70.31M11.2%

STATE STREET CON$53.07M8.5%

US EQTY PWR BUF$52.83M8.4%

STATE STREET COM$47.97M7.7%

STATE STREET IND$46.16M7.4%

CORE S&P500 ETF$39.18M6.3%

Portfolio Concentration

Top 3$171.35M27.3%

4–10$170.04M27.1%

11–25$125.90M20.1%

Rest$159.35M25.4%

Top 3 weight

27.3%

Top 10 weight

54.5%

Voting Authority Distribution

Total shares with voting rights: 5.66M

Sole

Full voting authority

2.54M

% of voting shares44.8%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

3.12M

% of voting shares55.2%

Investment Discretion (by position count)

Sole134

Shared0

Other0

Dominant voting typeNone · 55.2% of voting shares

Institutional Holdings134

Rows:

SELECT SECTOR SPDR TR

SOLE

STATE STREET TEC

Shares488.35K

TypeSH

Market value$70.31M

11.22%

Sole

220.38K

Shared

0.00

None

267.97K

SELECT SECTOR SPDR TR

SOLE

STATE STREET CON

Shares444.47K

TypeSH

Market value$53.07M

8.47%

Sole

204.49K

Shared

0.00

None

239.99K

SELECT SECTOR SPDR TR

SOLE

STATE STREET COM

Shares407.45K

TypeSH

Market value$47.97M

7.65%

Sole

186.99K

Shared

0.00

None

220.46K

SELECT SECTOR SPDR TR

SOLE

STATE STREET IND

Shares297.60K

TypeSH

Market value$46.16M

7.37%

Sole

135.69K

Shared

0.00

None

161.91K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares57.20K

TypeSH

Market value$39.18M

6.25%

Sole

12.96K

Shared

0.00

None

44.24K

FIDELITY COVINGTON TRUST

SOLE

MSCI CONSM DIS

Shares199.92K

TypeSH

Market value$20.42M

3.26%

Sole

105.53K

Shared

0.00

None

94.39K

SELECT SECTOR SPDR TR

SOLE

STATE STREET HEA

Shares107.55K

TypeSH

Market value$16.65M

2.66%

Sole

48.09K

Shared

0.00

None

59.45K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares32.19K

TypeSH

Market value$16.18M

2.58%

Sole

13.23K

Shared

0.00

None

18.95K

FIDELITY COVINGTON TRUST

SOLE

MSCI INDL INDX

Shares192.75K

TypeSH

Market value$15.90M

2.54%

Sole

100.88K

Shared

0.00

None

91.87K

BROADCOM INC

SOLE

COM

Shares44.93K

TypeSH

Market value$15.55M

2.48%

Sole

17.30K

Shared

0.00

None

27.64K

FIDELITY COVINGTON TRUST

SOLE

MSCI COMMNTN SVC

Shares200.35K

TypeSH

Market value$14.68M

2.34%

Sole

104.57K

Shared

0.00

None

95.79K

INNOVATOR ETFS TRUST

SOLE

US EQTY PWR BUF

Shares292.62K

TypeSH

Market value$13.76M

2.20%

Sole

132.33K

Shared

0.00

None

160.29K

FIDELITY COVINGTON TRUST

SOLE

MSCI INFO TECH I

Shares51.51K

TypeSH

Market value$11.57M

1.85%

Sole

27.12K

Shared

0.00

None

24.39K

INNOVATOR ETFS TRUST

SOLE

US EQTY PWR BUF

Shares248.75K

TypeSH

Market value$10.79M

1.72%

Sole

103.81K

Shared

0.00

None

144.94K

ISHARES TR

SOLE

MSCI USA MIN VOL

Shares104.17K

TypeSH

Market value$9.81M

1.57%

Sole

19.93K

Shared

0.00

None

84.23K

PALANTIR TECHNOLOGIES INC

SOLE

CL A

Shares50.35K

TypeSH

Market value$8.95M

1.43%

Sole

26K

Shared

0.00

None

24.35K

INNOVATOR ETFS TRUST

SOLE

US EQT PWR BUF

Shares209.35K

TypeSH

Market value$8.19M

1.31%

Sole

76.51K

Shared

0.00

None

132.84K

NVIDIA CORPORATION

SOLE

COM

Shares38.08K

TypeSH

Market value$7.10M

1.13%

Sole

20.63K

Shared

0.00

None

17.45K

ISHARES TR

SOLE

GLOBAL TECH ETF

Shares64.20K

TypeSH

Market value$6.74M

1.08%

Sole

10.76K

Shared

0.00

None

53.44K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares93.28K

TypeSH

Market value$6.16M

0.98%

Sole

36.27K

Shared

0.00

None

57.01K

VIKING HOLDINGS LTD

SOLE

ORD SHS

Shares80.55K

TypeSH

Market value$5.75M

0.92%

Sole

41.76K

Shared

0.00

None

38.78K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares8.41K

TypeSH

Market value$5.73M

0.91%

Sole

7.60K

Shared

0.00

None

805.00

INNOVATOR ETFS TRUST

SOLE

US EQTY PWR BUF

Shares135.20K

TypeSH

Market value$5.65M

0.90%

Sole

76.02K

Shared

0.00

None

59.18K

INNOVATOR ETFS TRUST

SOLE

US EQTY PWR BUF

Shares128.28K

TypeSH

Market value$5.61M

0.89%

Sole

25.14K

Shared

0.00

None

103.14K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares44.99K

TypeSH

Market value$5.41M

0.86%

Sole

16.20K

Shared

0.00

None

28.79K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
SELECT SECTOR SPDR TRSOLE	STATE STREET TEC	488.35K	SH	$70.31M 11.22%	220.38K	267.97K
SELECT SECTOR SPDR TRSOLE	STATE STREET CON	444.47K	SH	$53.07M 8.47%	204.49K	239.99K
SELECT SECTOR SPDR TRSOLE	STATE STREET COM	407.45K	SH	$47.97M 7.65%	186.99K	220.46K
SELECT SECTOR SPDR TRSOLE	STATE STREET IND	297.60K	SH	$46.16M 7.37%	135.69K	161.91K
ISHARES TRSOLE	CORE S&P500 ETF	57.20K	SH	$39.18M 6.25%	12.96K	44.24K
FIDELITY COVINGTON TRUSTSOLE	MSCI CONSM DIS	199.92K	SH	$20.42M 3.26%	105.53K	94.39K
SELECT SECTOR SPDR TRSOLE	STATE STREET HEA	107.55K	SH	$16.65M 2.66%	48.09K	59.45K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	32.19K	SH	$16.18M 2.58%	13.23K	18.95K
FIDELITY COVINGTON TRUSTSOLE	MSCI INDL INDX	192.75K	SH	$15.90M 2.54%	100.88K	91.87K
BROADCOM INCSOLE	COM	44.93K	SH	$15.55M 2.48%	17.30K	27.64K
FIDELITY COVINGTON TRUSTSOLE	MSCI COMMNTN SVC	200.35K	SH	$14.68M 2.34%	104.57K	95.79K
INNOVATOR ETFS TRUSTSOLE	US EQTY PWR BUF	292.62K	SH	$13.76M 2.20%	132.33K	160.29K
FIDELITY COVINGTON TRUSTSOLE	MSCI INFO TECH I	51.51K	SH	$11.57M 1.85%	27.12K	24.39K
INNOVATOR ETFS TRUSTSOLE	US EQTY PWR BUF	248.75K	SH	$10.79M 1.72%	103.81K	144.94K
ISHARES TRSOLE	MSCI USA MIN VOL	104.17K	SH	$9.81M 1.57%	19.93K	84.23K
PALANTIR TECHNOLOGIES INCSOLE	CL A	50.35K	SH	$8.95M 1.43%	26K	24.35K
INNOVATOR ETFS TRUSTSOLE	US EQT PWR BUF	209.35K	SH	$8.19M 1.31%	76.51K	132.84K
NVIDIA CORPORATIONSOLE	COM	38.08K	SH	$7.10M 1.13%	20.63K	17.45K
ISHARES TRSOLE	GLOBAL TECH ETF	64.20K	SH	$6.74M 1.08%	10.76K	53.44K
ISHARES TRSOLE	CORE S&P MCP ETF	93.28K	SH	$6.16M 0.98%	36.27K	57.01K
VIKING HOLDINGS LTDSOLE	ORD SHS	80.55K	SH	$5.75M 0.92%	41.76K	38.78K
SPDR S&P 500 ETF TRSOLE	TR UNIT	8.41K	SH	$5.73M 0.91%	7.60K	805.00
INNOVATOR ETFS TRUSTSOLE	US EQTY PWR BUF	135.20K	SH	$5.65M 0.90%	76.02K	59.18K
INNOVATOR ETFS TRUSTSOLE	US EQTY PWR BUF	128.28K	SH	$5.61M 0.89%	25.14K	103.14K
ISHARES TRSOLE	CORE S&P SCP ETF	44.99K	SH	$5.41M 0.86%	16.20K	28.79K

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