SEC 13F Intelligence

Managers / Q4 2020 · view latest →

BALLAST ADVISORS LLC

CIK 0001803415 · 683 BIELENBERG DRIVE, SUITE 208, WOODBURY, MN, 55125-1705 · 651-478-4644

Reported Value
$194M
Q4 2020
Positions
171
Filings on Record
28
2019–present window
Filed
Feb 5, 2021
original filing

Summary

Ballast Advisors LLC reported $194M in U.S.-listed holdings across 171 positions for Q4 2020.

The portfolio is heavily concentrated: SCHV alone accounts for 48.9% of reported value.

Compared with Q3 2020, the fund opened 10 new positions and exited 8.

Portfolio Metrics

Turnover
+1.7%
vs prior filed quarter
Top-10 Concentration
+80.4%
share of reported value
Largest Position
+48.9%
Schwab Strategic Tr
New / Exited
10 / 8
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’19: $136MQ4 ’19Q1 ’20: $117MQ2 ’20: $141MQ3 ’20: $160MQ4 ’20: $194MQ4 ’20Q1 ’21: $217MQ2 ’21: $236MQ3 ’21: $241MQ4 ’21: $261MQ4 ’21Q1 ’22: $256MQ2 ’22: $222MQ3 ’22: $214MQ4 ’22: $228MQ4 ’22Q1 ’23: $251MQ2 ’23: $266MQ3 ’23: $251MQ4 ’23: $268MQ4 ’23Q1 ’24: $297MQ2 ’24: $315MQ3 ’24: $324MQ4 ’24: $325MQ4 ’24Q1 ’25: $314MQ2 ’25: $339MQ3 ’25: $363MQ4 ’25: $363MQ4 ’25filingsflow.com

Portfolio Composition

By security type
ETP: 63.1%Common Stock: 31.5%MLP: 3.2%ADR: 1.3%Other: 0.7%Other: 0.1%
  • ETP · 63.1% · $123M
  • Common Stock · 31.5% · $61M
  • MLP · 3.2% · $6M
  • ADR · 1.3% · $3M
  • Other · 0.7% · $1M
  • Other · 0.1% · $289,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
APOGAPOGEE ENTERPRISES INCNEW+9.1K9.1K+$289,000$289,000
HLTHILTON WORLDWIDE HLDGS INCNEW+2.3K2.3K+$256,000$256,000
PGPROCTER AND GAMBLE CONEW+1.8K1.8K+$256,000$256,000
RMDRESMED INCNEW+992992+$211,000$211,000
NKENIKE INCNEW+1.4K1.4K+$200,000$200,000
MUBISHARES TRNEW+720720+$84,000$84,000
IMCGISHARES TRNEW+2020+$8,000$8,000
IWOISHARES TRNEW+2020+$6,000$6,000

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

Holdings — Q4 2020

74 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHVSCHWAB STRATEGIC TRUS LCAP VA ETF · US LCAP GR ETF · INTL EQTY ETF · US LRG CAP ETF · SHT TM US TRES · US BRD MKT ETF · EMRG MKTEQ ETF · US SML CAP ETF · US REIT ETF · US AGGREGATE B · US MID-CAP ETF · US DIVIDEND EQ · US TIPS ETF · INTRM TRM TRES48.92%$95M1.59M
2AAPLAPPLE INChistory →COM9.34%$18M136.7K
3TLTISHARES TR20 YR TR BD ETF · 1 3 YR TREAS BD · CORE US AGGBD ET · RUSSELL 2000 ETF · CORE S&P500 ETF · CORE S&P SCP ETF · RUS 1000 GRW ETF · TIPS BD ETF · U.S. MED DVC ETF · SHRT NAT MUN ETF · BARCLAYS 7 10 YR · RUS TP200 GR ETF · MSCI EAFE ETF · CORE MSCI EAFE · RUS MD CP GR ETF · RUS TP200 VL ETF · IBOXX INV CP ETF · CORE S&P US GWT · INTL SEL DIV ETF · EAFE VALUE ETF · RUS MID CAP ETF · S&P MC 400VL ETF · S&P 500 VAL ETF · CORE S&P MCP ETF · NATIONAL MUN ETF · S&P 500 GRWT ETF · S&P MC 400GR ETF · S&P SML 600 GWT · PFD AND INCM SEC · 3 7 YR TREAS BD · RUSSELL 3000 ETF · SELECT DIVID ETF · EAFE GRWTH ETF · RUS 2000 VAL ETF · MSCI KLD400 SOC · U.S. FINLS ETF · MRGSTR MD CP GRW · RUS 1000 VAL ETF · MSCI EMG MKT ETF · RUS 2000 GRW ETF · SP SMCP600VL ETF · EAFE SML CP ETF8.90%$17M145.0K
4JPMJPMORGAN CHASE & COhistory →COM3.25%$6M49.7K
5EPDENTERPRISE PRODS PARTNERS Lhistory →COM3.22%$6M318.8K
6NTICNORTHERN TECHNOLOGIES INTL Chistory →COM1.47%$3M271.0K
7MMM3M COhistory →COM1.40%$3M15.5K
8SPYGSPDR SER TRPRTFLO S&P500 GW · S&P 600 SML CAP · BLOOMBERG SRT TR · S&P 600 SMCP VAL · S&P 600 SMCP GRW · PRTFLO S&P500 VL · S&P BIOTECH · PORTFOLIO LN TSR · NUVEEN BRC MUNIC · S&P DIVID ETF · S&P 400 MDCP GRW · NUVEEN BBG BRCLY · PORTFOLIO S&P500 · NUVEEN BLMBRG SR · S&P 400 MDCP VAL · BLOOMBERG BRCLYS · HLTH CARE SVCS · PORTFOLIO SH TSR · PRTFLO S&P500 HI1.33%$3M47.2K
9BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.31%$3M10.9K
10BXBLACKSTONE GROUP INChistory →COM CL A1.28%$2M38.2K
11MSFTMICROSOFT CORPhistory →COM1.21%$2M10.6K
12AMZNAMAZON COM INChistory →COM1.21%$2M722
13SPYSPDR S&P 500 ETF TRhistory →TR UNIT1.11%$2M5.8K
14BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.11%$2M9.3K
15GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.91%$2M1.0K
16VWOBVANGUARD WHITEHALL FDSEMERG MKT BD ETF · HIGH DIV YLD0.78%$2M18.3K
17JNJJOHNSON & JOHNSONCOM0.75%$1M9.2K
18VVISA INCCOM CL A0.74%$1M6.6K
19VUGVANGUARD INDEX FDSGROWTH ETF · LARGE CAP ETF · SMALL CP ETF · VALUE ETF · SML CP GRW ETF · MID CAP ETF · REAL ESTATE ETF · TOTAL STK MKT0.62%$1M6.2K
20MDTMEDTRONIC PLCSHS0.60%$1M9.9K
21XLRESELECT SECTOR SPDR TRRL EST SEL SEC · SBI INT-UTILS · SBI INT-FINL · TECHNOLOGY · SBI CONS STPLS · SBI HEALTHCARE · SBI INT-INDS0.50%$975,00023.5K
22SPDWSPDR INDEX SHS FDSPORTFOLIO DEVLPD · PORTFOLIO EMG MK · DJ GLB RL ES ETF · LOW CARBON ETF · S&P CHINA ETF · ASIA PACIF ETF0.47%$912,00025.3K
23CANADIAN PAC RY LTDCOM0.43%$827,0002.4K
24VZVERIZON COMMUNICATIONS INCCOM0.36%$705,00012.0K
25CATCATERPILLAR INCCOM0.36%$694,0003.8K
26HONHONEYWELL INTL INCCOM0.32%$616,0002.9K
27UNHUNITEDHEALTH GROUP INCCOM0.32%$612,0001.7K
28CVXCHEVRON CORP NEWCOM0.27%$526,0006.2K
29VEAVANGUARD TAX-MANAGED INTL FDFTSE DEV MKT ETF0.27%$523,00011.1K
30SBUXSTARBUCKS CORPCOM0.27%$517,0004.8K
31CVSCVS HEALTH CORPCOM0.26%$509,0007.5K
32KOCOCA COLA COCOM0.26%$497,0009.1K
33HDHOME DEPOT INCCOM0.25%$490,0001.8K
34PEPPEPSICO INCCOM0.24%$468,0003.2K
35TAT&T INCCOM0.24%$467,00016.3K
36DISDISNEY WALT COCOM0.24%$459,0002.5K
37VGTVANGUARD WORLD FDSINF TECH ETF · FINANCIALS ETF · CONSUM STP ETF · HEALTH CAR ETF0.22%$428,0002.3K
38METAFACEBOOK INCCL A0.22%$422,0001.5K
39INTCINTEL CORPCOM0.21%$404,0008.1K
40CSCOCISCO SYS INCCOM0.21%$404,0009.0K
41TSLATESLA INCCOM0.21%$402,000570
42AMGNAMGEN INCCOM0.20%$394,0001.7K
43IBMINTERNATIONAL BUSINESS MACHSCOM0.20%$387,0003.1K
44LISTED FD TRTRUESHS TECH AI · TRUESHARES STRCT · TRUESHS ESG ACTV0.18%$350,0009.7K
45ACNACCENTURE PLC IRELANDSHS CLASS A0.18%$341,0001.3K
46ABTABBOTT LABSCOM0.18%$341,0003.1K
47CTASCINTAS CORPCOM0.17%$334,000945
48MRKMERCK & CO. INCCOM0.17%$327,0004.0K
49BWBBRIDGEWATER BANCSHARES INCCOM ACCD INV0.17%$326,00026.1K
50PFEPFIZER INCCOM0.17%$325,0008.8K
51AXPAMERICAN EXPRESS COCOM0.16%$317,0002.6K
52ABBVABBVIE INCCOM0.16%$314,0002.9K
53COSTCOSTCO WHSL CORP NEWCOM0.16%$309,000821
54NFLXNETFLIX INCCOM0.16%$306,000566
55APOGAPOGEE ENTERPRISES INCCOM0.15%$289,0009.1K
56WMTWALMART INCCOM0.14%$281,0001.9K
57MCDMCDONALDS CORPCOM0.14%$278,0001.3K
58UNPUNION PAC CORPCOM0.14%$276,0001.3K
59EXMOCEXXON MOBIL CORPCOM0.14%$272,0006.6K
60USBUS BANCORP DELCOM NEW0.13%$261,0005.6K
61PGPROCTER AND GAMBLE COCOM0.13%$256,0001.8K
62ORCLORACLE CORPCOM0.13%$256,0004.0K
63HLTHILTON WORLDWIDE HLDGS INCCOM0.13%$256,0002.3K
64XELXCEL ENERGY INCCOM0.12%$240,0003.6K
65AMTAMERICAN TOWER CORP NEWCOM0.12%$230,0001.0K
66NVDANVIDIA CORPORATIONCOM0.11%$217,000415
67WMWASTE MGMT INC DELCOM0.11%$214,0001.8K
68OGEOGE ENERGY CORPCOM0.11%$213,0006.7K
69RMDRESMED INCCOM0.11%$211,000992
70NKENIKE INCCL B0.10%$200,0001.4K
71GENERAL ELECTRIC COCOM0.07%$128,00011.9K
72FFORD MTR CO DELCOM0.06%$126,00014.3K
73WELLPOINT INCNOTE 2.750%10/10.03%$49,00011.0K
74TEVA PHARMACEUTICAL FIN LLCDBCV 0.250% 2/00.01%$10,00010.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026Under review401Jun 23, 2026RESTATEMENTchanges · EDGAR ↗
Q1 2026Under review394May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$363M175Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$363M180Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$339M168Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$314M164May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$325M161Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$324M163Oct 30, 202413F-HRchanges · EDGAR ↗
Q2 2024$315M163Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$297M172May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$268M169Jan 30, 202413F-HRchanges · EDGAR ↗
Q3 2023$251M178Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$266M180Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$251M185May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$228M179Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$214M177Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$222M182Jul 20, 202213F-HRchanges · EDGAR ↗
Q1 2022$256M186Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$261M182Feb 4, 202213F-HRchanges · EDGAR ↗
Q3 2021$241M178Nov 1, 202113F-HRchanges · EDGAR ↗
Q2 2021$236M179Jul 20, 202113F-HRchanges · EDGAR ↗
Q1 2021$217M175Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$194M171Feb 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$160M169Oct 22, 202013F-HRchanges · EDGAR ↗
Q2 2020$141M160Jul 29, 202013F-HRchanges · EDGAR ↗
Q1 2020$117M518Apr 16, 202013F-HRchanges · EDGAR ↗
Q4 2019$136M163Feb 14, 202013F-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 ↗.