Yes it does (not to be mean its kinda stupid for you to ask)
Both particles and big objects will be influenced by each other less if they are moved further apart.
The moment of inertia of a point mass about an arbitrary point is given by:
I = mr²
I is the moment of inertia
m is the mass
r is the distance between the arbitrary point and the point mass
The center of mass of the system is located halfway between the 2 inner masses, therefore two masses lie ℓ/2 away from the center and the outer two masses lie 3ℓ/2 away from the center.
The total moment of inertia of the system is the sum of the moments of each mass, i.e.
I = ∑mr²
The moment of inertia of each of the two inner masses is
I = m(ℓ/2)² = mℓ²/4
The moment of inertia of each of the two outer masses is
I = m(3ℓ/2)² = 9mℓ²/4
The total moment of inertia of the system is
I = 2[mℓ²/4]+2[9mℓ²/4]
I = mℓ²/2+9mℓ²/2
I = 10mℓ²/2
I = 5mℓ²
