Bellwether Expands Holdings Across Major Firms

Bellwether Advisors LLC disclosed new stakes in five different securities during the first quarter: International Paper, Cummins, Loews, Fidelity MSCI Utilities Index ETF, and Reliance. The positions ranged from about 3,081 Cummins shares valued at roughly $1.66 million to 41,343 Loews shares worth about $4.41 million, 30,473 Fidelity ETF shares around $1.8 million, 8,959 Reliance shares near $2.72 million, and 73,236 International Paper shares approximately $2.62 million. Other large institutional investors also adjusted their holdings in these names, signaling broad activity among major funds. In Reliance, CFO Arthur Ajemyan sold 3,500 shares in a transaction valued at about $1.25 million, while insiders overall held a small stake. The moves illustrate Bellwether’s active Q1 positioning across materials, industrials, financial services, utilities, and ETFs. Taken together, the filings reflect a continued trend of hedge funds expanding stakes in large-cap equities and related vehicles across diverse sectors.