SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Ballast, Inc.

CIK 0001730477 · 400 EAST VINE STREET, SUITE 400, LEXINGTON, KY, 40507 · 859-226-0625

Reported Value
$175M
Q3 2020
Positions
93
Filings on Record
31
2019–present window
Filed
Oct 14, 2020
original filing

Summary

Ballast, Inc. reported $175M in U.S.-listed holdings across 93 positions for Q3 2020.

Its largest position, Vanguard Mid Cap, represents 9.5% of the portfolio.

Compared with Q2 2020, the fund opened 8 new positions and exited 3.

Portfolio Metrics

Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+55.4%
share of reported value
Largest Position
+9.5%
Vanguard Mid Cap
New / Exited
8 / 3
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 ’18: $130MQ4 ’18Q1 ’19: $153MQ2 ’19: $161MQ3 ’19: $163MQ4 ’19: $181MQ4 ’19Q1 ’20: $141MQ2 ’20: $159MQ3 ’20: $175MQ4 ’20: $196MQ4 ’20Q1 ’21: $208MQ2 ’21: $237MQ3 ’21: $237MQ4 ’21: $257MQ4 ’21Q1 ’22: $259MQ2 ’22: $214MQ3 ’22: $205MQ4 ’22: $229MQ4 ’22Q1 ’23: $244MQ2 ’23: $261MQ3 ’23: $251MQ4 ’23: $290MQ4 ’23Q1 ’24: $316MQ2 ’24: $325MQ3 ’24: $353MQ4 ’24: $350MQ4 ’24Q1 ’25: $353MQ2 ’25: $244MQ3 ’25: $413MQ4 ’25: $427MQ4 ’25Q1 ’26: $432Mfilingsflow.com

Portfolio Composition

By security type
ETP: 73.7%Common Stock: 25.7%Other: 0.6%
  • ETP · 73.7% · $129M
  • Common Stock · 25.7% · $45M
  • Other · 0.6% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FDXFEDEX CORPNEW+1.2K1.2K+$296,000$296,000
ABTABBOTT LABS COMNEW+2.7K2.7K+$289,000$289,000
WHRWHIRLPOOL CORP COMNEW+1.4K1.4K+$250,000$250,000
CINFCINCINNATI FINL CORP COMNEW+2.9K2.9K+$226,000$226,000
HUMHUMANA INC COMNEW+519519+$214,000$214,000
ISHARES RUSSELL MID-CAP VALUE ETFNEW+2.5K2.5K+$202,000$202,000
SPDR SER TR S&P DIVID ETFNEW+2.2K2.2K+$201,000$201,000
NKENIKE INC CLASS BNEW+1.6K1.6K+$201,000$201,000

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

Holdings — Q3 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VANGUARD MID CAPMID CAP ETF9.51%$17M94.4K
2INVESCO S&P 500 QUALITY ETFS&P500 QUALITY7.08%$12M320.5K
3VANGUARD SMALL CAP ETFSMALL CP ETF6.67%$12M75.8K
4VANGUARD HIGH DIVIDEND YIELDHIGH DIV YLD6.31%$11M136.5K
5ISHARES RUSSELL 1000 GROWTH ETFRUS 1000 GRW ETF5.40%$9M43.6K
6VANGUARD FTSE ALL-WORLD EX-USALLWRLD EX US4.85%$8M168.1K
7AAPLAPPLE INChistory →COM4.04%$7M61.0K
8POWERSHARES SP500 LOW VOLATILITY ETFS&P500 LOW VOL3.92%$7M128.0K
9VANGUARD INFORMATION TECHNOLOGYINF TECH ETF3.81%$7M21.4K
10ISHARES MBS ETFMBS ETF3.75%$7M59.4K
11VANGUARD HEALTH CARE ETFHEALTH CAR ETF3.58%$6M30.7K
12ISHARES RUSSELL 1000 VALUE ETFRUS 1000 VAL ETF3.43%$6M50.8K
13VANGUARD FTSE EMERGING MARKETS ETFFTSE EMR MKT ETF2.97%$5M120.2K
14UNHUNITEDHEALTH GROUPhistory →COM2.42%$4M13.6K
15SPDR PORTFOLIO S&P 500 GROWTH ETFPRTFLO S&P500 GW1.79%$3M62.7K
16ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF0-5YR HI YL CP1.77%$3M70.5K
17SPDR PORTFOLIO S&P 500 VALUE ETFPRTFLO S&P500 VL1.70%$3M98.5K
18JNJJOHNSON & JOHNSON COMhistory →COM1.20%$2M14.1K
19MSFTMICROSOFThistory →COM1.17%$2M9.7K
20PIMCO ETF TR 0-5 YR HIGH YIELD CORP BD INDEX FD0-5 HIGH YIELD1.04%$2M19.4K
21SPDR PORTFOLIO DEVELOPED WORLD EX-US ETFPORTFOLIO DEVLPD1.03%$2M61.8K
22SPDR PORTFOLIO S&P 400 MID CAP ETFPORTFOLIO S&P4000.95%$2M50.7K
23GRBKGREEN BRICK PARTNERS INC COMCOM0.93%$2M100.7K
24SPDR PORTFOLIO S&P 600 SMALL CAP ETFPORTFOLIO S&P6000.82%$1M52.6K
25PGPROCTER AND GAMBLE CO COMCOM0.79%$1M9.9K
26SPDR SER TR LEHMAN INTERMEDIATE TERM CR BD ETFPORTFOLIO INTRMD0.59%$1M28.3K
27SPDR PORTFOLIO EMERGING MARKETS ETFPORTFOLIO EMG MK0.58%$1M27.7K
28SHWSHERWIN WILLIAMS CO COMCOM0.55%$960,0001.4K
29AMZNAMAZON COM INC COMCOM0.54%$938,000298
30JPMJPMORGAN CHASE & CO COMCOM0.50%$882,0009.2K
31DISDISNEY WALT CO COM DISNEYCOM DISNEY0.49%$863,0007.0K
32DUKDUKE ENERGY CORP NEW COM NEWCOM NEW0.49%$859,0009.7K
33CSCOCISCO SYS INCCOM0.46%$813,00020.6K
34HDHOME DEPOTCOM0.44%$763,0002.7K
35DYHTARGET CORP COMCOM0.41%$726,0004.6K
36LLYLILLY ELI & CO COMCOM0.40%$708,0004.8K
37INTCINTEL CORP COMCOM0.40%$700,00013.5K
38TFCTRUIST FINL CORP COMCOM0.38%$663,00017.4K
39SPDR PORTFOLIO AGGREGATE BOND ETFPORTFOLIO AGRGTE0.36%$630,00020.5K
40ISHARES AGGREGATE BOND ETFCORE US AGGBD ET0.36%$623,0005.3K
41EDCONSOLIDATED EDISON INC COMCOM0.35%$619,0008.0K
42SBUXSTARBUCKS CORPCOM0.35%$610,0007.1K
43KMBKIMBERLY CLARK CORP COMCOM0.35%$604,0004.1K
44BACVERIZON COMMUNICATIONSCOM0.34%$601,00010.1K
45TXNTEXAS INSTRS INC COMCOM0.34%$599,0004.2K
46XPOXPO LOGISTICS INC COMCOM0.34%$593,0007.0K
47ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFIBOXX INV CP ETF0.34%$588,0004.4K
48WMTWALMART INC COMCOM0.33%$584,0004.2K
49DALDELTA AIR LINES INC DEL CMNCOM NEW0.33%$569,00018.6K
50NSCNORFOLK SOUTHERN CRPCOM0.32%$568,0002.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$432M133May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$427M133Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$413M134Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$244M151Jul 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$353M125May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$350M119Jan 16, 202513F-HRchanges · EDGAR ↗
Q3 2024$353M125Oct 16, 202413F-HRchanges · EDGAR ↗
Q2 2024$325M120Jul 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$316M120May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$290M120Jan 18, 202413F-HRchanges · EDGAR ↗
Q3 2023$251M110Oct 18, 202313F-HRchanges · EDGAR ↗
Q2 2023$261M120Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023$244M109Apr 19, 202313F-HRchanges · EDGAR ↗
Q4 2022$229M108Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$205M106Oct 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$214M105Jul 14, 202213F-HRchanges · EDGAR ↗
Q1 2022$259M111Apr 18, 202213F-HRchanges · EDGAR ↗
Q4 2021$257M107Jan 18, 202213F-HRchanges · EDGAR ↗
Q3 2021$237M95Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$237M93Aug 4, 202113F-HRchanges · EDGAR ↗
Q1 2021$208M91May 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$196M91Jan 21, 202113F-HRchanges · EDGAR ↗
Q3 2020$175M93Oct 14, 202013F-HRchanges · EDGAR ↗
Q2 2020$159M88Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$141M86Apr 17, 202013F-HRchanges · EDGAR ↗
Q4 2019$181M102Jan 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$163M101Oct 22, 201913F-HRchanges · EDGAR ↗
Q2 2019$161M103Jul 26, 201913F-HRchanges · EDGAR ↗
Q1 2019$153M100Apr 30, 201913F-HRchanges · EDGAR ↗
Q4 2018$130M83Feb 1, 201913F-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 ↗.