SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Ballast, Inc.

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

Reported Value
$316M
Q1 2024
Positions
120
Filings on Record
31
2019–present window
Filed
May 6, 2024
original filing

Summary

Ballast, Inc. reported $316M in U.S.-listed holdings across 120 positions for Q1 2024.

Its largest position, Vanguard Index Fds, represents 10.3% of the portfolio.

Compared with Q4 2023, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+0.9%
vs prior filed quarter
Top-10 Concentration
+53.0%
share of reported value
Largest Position
+10.3%
Vanguard Index Fds
New / Exited
4 / 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: 65.0%Common Stock: 34.2%Other: 0.7%
  • ETP · 65.0% · $206M
  • Common Stock · 34.2% · $108M
  • Other · 0.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HUMHUMANA INCNEW+1.9K1.9K+$666,049$666,049
VANGUARD INDEX FDSNEW+1.1K1.1K+$278,613$278,613
VANGUARD INDEX FDSNEW+426426+$204,778$204,778
DDOMINION ENERGY INCNEW+4.1K4.1K+$200,892$200,892
ISHARES TRADDED+7.6K9.6K+$46,660$581,282
WMTWALMART INCADDED+20.3K28.9K+$378,253$2M
ISHARES TRSOLD OUT−6.3K0−$252,278$0
GSKGSK PLCSOLD OUT−6.7K0−$248,413$0

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

Holdings — Q1 2024

41 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VANGUARD INDEX FDSMID CAP ETF · SMALL CP ETF18.22%$58M240.1K
2ISHARES TR1 3 YR TREAS BD · PFD AND INCM SEC · RUS 1000 GRW ETF · RUS 1000 VAL ETF · IBOXX INV CP ETF · CORE US AGGBD ET13.65%$43M604.9K
3INVESCO EXCHANGE TRADED FD TS&P500 QUALITY · S&P500 EQL WGT10.18%$32M414.1K
4VANGUARD INTL EQUITY INDEX FALLWRLD EX US · FTSE EMR MKT ETF5.32%$17M304.5K
5PACER FDS TRUS CASH COWS 1004.23%$13M230.6K
6VANGUARD WHITEHALL FDSHIGH DIV YLD4.13%$13M108.0K
7INVESCO EXCH TRADED FD TR IIS&P500 LOW VOL3.77%$12M181.0K
8VANGUARD WORLD FDHEALTH CAR ETF · INF TECH ETF3.38%$11M35.2K
9AAPLAPPLE INChistory →COM3.23%$10M59.6K
10UNHUNITEDHEALTH GROUP INChistory →COM2.31%$7M14.8K
11MSFTMICROSOFT CORPhistory →COM2.10%$7M15.8K
12GRBKGREEN BRICK PARTNERS INChistory →COM1.40%$4M73.5K
13LLYELI LILLY & COhistory →COM1.12%$4M4.6K
14JNJJOHNSON & JOHNSONhistory →COM1.02%$3M20.4K
15AMZNAMAZON COM INCCOM0.91%$3M16.0K
16JPMJPMORGAN CHASE & COCOM0.90%$3M14.2K
17PGPROCTER AND GAMBLE COCOM0.81%$3M15.9K
18BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.78%$2M5.9K
19COSTCOSTCO WHSL CORP NEWCOM0.71%$2M3.1K
20DYHTARGET CORPCOM0.63%$2M11.3K
21HDHOME DEPOT INCCOM0.58%$2M4.8K
22WMTWALMART INCCOM0.55%$2M28.9K
23BACBANK AMERICA CORPCOM0.53%$2M44.2K
24TRVTRAVELERS COMPANIES INCCOM0.51%$2M7.0K
25TFCTRUIST FINL CORPCOM0.50%$2M40.8K
26CRMSALESFORCE INCCOM0.49%$2M5.1K
27MUMICRON TECHNOLOGY INCCOM0.48%$2M13.0K
28AMDADVANCED MICRO DEVICES INCCOM0.48%$2M8.3K
29DUKDUKE ENERGY CORP NEWCOM NEW0.47%$1M15.3K
30PEPPEPSICO INCCOM0.46%$1M8.2K
31PNCPNC FINL SVCS GROUP INCCOM0.44%$1M8.7K
32EXMOCEXXON MOBIL CORPCOM0.44%$1M11.8K
33DISDISNEY WALT COCOM0.43%$1M11.1K
34GOOGLALPHABET INCCAP STK CL A0.41%$1M8.7K
35UNPUNION PAC CORPCOM0.41%$1M5.3K
36EDCONSOLIDATED EDISON INCCOM0.41%$1M14.2K
37TXNTEXAS INSTRS INCCOM0.40%$1M7.3K
38CHUBB LIMITEDCOM0.38%$1M4.7K
39RTXRTX CORPORATIONCOM0.38%$1M12.3K
40HONGBPHONEYWELL INTL INCCOM0.38%$1M5.8K
41DEDEERE & COCOM0.37%$1M2.9K

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 ↗.