SEC 13F Intelligence

Managers / Q4 2021 · view latest →

BALLAST ADVISORS LLC

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

Reported Value
$261M
Q4 2021
Positions
182
Filings on Record
28
2019–present window
Filed
Feb 4, 2022
original filing

Summary

Ballast Advisors LLC reported $261M in U.S.-listed holdings across 182 positions for Q4 2021.

The portfolio is heavily concentrated: SCHV alone accounts for 46.3% of reported value.

Compared with Q3 2021, the fund opened 7 new positions and exited 3.

Portfolio Metrics

Turnover
+0.8%
vs prior filed quarter
Top-10 Concentration
+80.1%
share of reported value
Largest Position
+46.3%
Schwab Strategic Tr
New / Exited
7 / 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, 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: 62.9%Common Stock: 33.2%MLP: 2.7%Other: 0.6%ADR: 0.5%Other: 0.1%
  • ETP · 62.9% · $164M
  • Common Stock · 33.2% · $87M
  • MLP · 2.7% · $7M
  • Other · 0.6% · $1M
  • ADR · 0.5% · $1M
  • Other · 0.1% · $371,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LLYLILLY ELI & CONEW+920920+$254,000$254,000
LINDE PLCNEW+645645+$223,000$223,000
EFXEQUIFAX INCNEW+725725+$212,000$212,000
TJXTJX COS INC NEWNEW+2.8K2.8K+$211,000$211,000
FVDFIRST TR VALUE LINE DIVID INNEW+4.8K4.8K+$208,000$208,000
LOWLOWES COS INCNEW+798798+$206,000$206,000
DCIDONALDSON INCNEW+3.4K3.4K+$202,000$202,000
CMCSACOMCAST CORP NEWSOLD OUT−3.7K0−$210,000$0

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

Holdings — Q4 2021

86 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHVSCHWAB STRATEGIC TRUS LCAP VA ETF · US LRG CAP ETF · US LCAP GR ETF · INTL EQTY ETF · US BRD MKT ETF · EMRG MKTEQ ETF · SHT TM US TRES · US SML CAP ETF · US REIT ETF · US AGGREGATE B · US MID-CAP ETF · US TIPS ETF · US DIVIDEND EQ · INTRM TRM TRES46.32%$121M1.73M
2AGGISHARES TRCORE US AGGBD ET · 20 YR TR BD ETF · 1 3 YR TREAS BD · RUSSELL 2000 ETF · CORE S&P500 ETF · CORE S&P SCP ETF · RUS 1000 GRW ETF · U.S. MED DVC ETF · RUS TP200 GR ETF · BARCLAYS 7 10 YR · SHRT NAT MUN ETF · MSCI EAFE ETF · CORE MSCI EAFE · RUS TP200 VL ETF · RUS MD CP GR ETF · TIPS BD ETF · NATIONAL MUN ETF · CORE S&P US GWT · S&P 500 VAL ETF · RUS MID CAP ETF · IBOXX INV CP ETF · CORE S&P MCP ETF · INTL SEL DIV ETF · S&P 500 GRWT ETF · RUSSELL 3000 ETF · S&P MC 400VL ETF · EAFE VALUE ETF · S&P MC 400GR ETF · S&P SML 600 GWT · SELECT DIVID ETF · RUS 2000 VAL ETF · EAFE GRWTH ETF · 3 7 YR TREAS BD · PFD AND INCM SEC · MSCI KLD400 SOC · RUS 1000 VAL ETF · MRGSTR MD CP GRW · SP SMCP600VL ETF · RUS 2000 GRW ETF · MSCI EMG MKT ETF · EAFE SML CP ETF11.58%$30M250.1K
3AAPLAPPLE INChistory →COM9.16%$24M134.9K
4JPMJPMORGAN CHASE & COhistory →COM2.99%$8M49.4K
5EPDENTERPRISE PRODS PARTNERS Lhistory →COM2.68%$7M319.4K
6BXBLACKSTONE INChistory →COM1.80%$5M36.3K
7UBERUBER TECHNOLOGIES INChistory →COM1.70%$4M105.8K
8MSFTMICROSOFT CORPhistory →COM1.54%$4M12.0K
9MMM3M COhistory →COM1.17%$3M17.2K
10GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.16%$3M1.0K
11BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.13%$3M9.9K
12NTICNORTHERN TECHNOLOGIES INTL Chistory →COM1.12%$3M191.0K
13SPYGSPDR SER TRS&P 600 SML CAP · PRTFLO S&P500 GW · BLOOMBERG SHT TE · S&P 600 SMCP VAL · PRTFLO S&P500 VL · S&P 600 SMCP GRW · S&P BIOTECH · S&P DIVID ETF · NUVEEN BLMBRG MU · S&P 400 MDCP GRW · PORTFOLIO LN TSR · PORTFOLIO S&P500 · NUVEEN BLOOMBERG · S&P 400 MDCP VAL · NUVEEN BLMBRG SH · BLOOMBERG HIGH Y · HLTH CARE SVCS · PORTFOLIO SH TSR · PRTFLO S&P500 HI1.12%$3M46.9K
14AMZNAMAZON COM INCCOM0.98%$3M765
15SPYSPDR S&P 500 ETF TRTR UNIT0.96%$3M5.3K
16VWOBVANGUARD WHITEHALL FDSEMERG MKT BD ETF · HIGH DIV YLD0.64%$2M21.4K
17JNJJOHNSON & JOHNSONCOM0.61%$2M9.4K
18XLRESELECT SECTOR SPDR TRRL EST SEL SEC · SBI INT-UTILS · FINANCIAL · TECHNOLOGY · SBI CONS STPLS · SBI HEALTHCARE · SBI INT-INDS0.57%$1M27.2K
19SPDWSPDR INDEX SHS FDSPORTFOLIO DEVLPD · PORTFOLIO EMG MK · DJ GLB RL ES ETF · LOW CARBON ETF · ASIA PACIF ETF · S&P CHINA ETF0.54%$1M37.4K
20VUGVANGUARD INDEX FDSGROWTH ETF · LARGE CAP ETF · VALUE ETF · SMALL CP ETF · REAL ESTATE ETF · MID CAP ETF · TOTAL STK MKT · SML CP GRW ETF0.54%$1M6.2K
21VVISA INCCOM CL A0.53%$1M6.4K
22BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.50%$1M10.9K
23MDTMEDTRONIC PLCSHS0.39%$1M9.9K
24HDHOME DEPOT INCCOM0.35%$910,0002.2K
25UNHUNITEDHEALTH GROUP INCCOM0.34%$893,0001.8K
26FASTFASTENAL COCOM0.34%$878,00013.7K
27CANADIAN PAC RY LTDCOM0.32%$841,00011.7K
28CVSCVS HEALTH CORPCOM0.31%$803,0007.8K
29CATCATERPILLAR INCCOM0.27%$709,0003.4K
30VZVERIZON COMMUNICATIONS INCCOM0.25%$652,00012.5K
31PFEPFIZER INCCOM0.24%$638,00010.8K
32SBUXSTARBUCKS CORPCOM0.24%$634,0005.4K
33VGTVANGUARD WORLD FDSINF TECH ETF · FINANCIALS ETF · CONSUM STP ETF · HEALTH CAR ETF0.23%$612,0002.8K
34TSLATESLA INCCOM0.23%$609,000576
35HONHONEYWELL INTL INCCOM0.23%$595,0002.9K
36CVXCHEVRON CORP NEWCOM0.22%$572,0004.9K
37KOCOCA COLA COCOM0.21%$555,0009.4K
38VEAVANGUARD TAX-MANAGED INTL FDFTSE DEV MKT ETF0.21%$548,00010.7K
39PEPPEPSICO INCCOM0.21%$546,0003.1K
40ACNACCENTURE PLC IRELANDSHS CLASS A0.21%$541,0001.3K
41CSCOCISCO SYS INCCOM0.20%$526,0008.3K
42NVDANVIDIA CORPORATIONCOM0.19%$509,0001.7K
43METAMETA PLATFORMS INCCL A0.19%$500,0001.5K
44PGPROCTER AND GAMBLE COCOM0.19%$491,0003.0K
45COSTCOSTCO WHSL CORP NEWCOM0.18%$466,000821
46MARMARRIOTT INTL INC NEWCL A0.18%$460,0002.8K
47AXPAMERICAN EXPRESS COCOM0.16%$429,0002.6K
48CTASCINTAS CORPCOM0.16%$419,000945
49IBMINTERNATIONAL BUSINESS MACHSCOM0.16%$417,0003.1K
50APOGAPOGEE ENTERPRISES INCCOM0.16%$415,0008.6K
51ABTABBOTT LABSCOM0.16%$408,0002.9K
52DISDISNEY WALT COCOM0.15%$396,0002.6K
53INTCINTEL CORPCOM0.15%$392,0007.6K
54LISTED FD TRTRUESHARES STRCT · TRUESHS TECH AI · TRUESHS ESG ACTV0.15%$390,0009.7K
55AMGNAMGEN INCCOM0.15%$387,0001.7K
56ABBVABBVIE INCCOM0.15%$384,0002.8K
57WMTWALMART INCCOM0.15%$382,0002.6K
58BWBBRIDGEWATER BANCSHARES INCCOM ACCD INV0.14%$379,00021.4K
59EXMOCEXXON MOBIL CORPCOM0.14%$378,0006.2K
60MRKMERCK & CO INCCOM0.14%$366,0004.8K
61HLTHILTON WORLDWIDE HLDGS INCCOM0.14%$360,0002.3K
62TAT&T INCCOM0.14%$356,00014.5K
63MCDMCDONALDS CORPCOM0.13%$347,0001.3K
64ORCLORACLE CORPCOM0.13%$346,0004.0K
65NFLXNETFLIX INCCOM0.13%$341,000566
66USBUS BANCORP DELCOM NEW0.13%$335,0006.0K
67UNPUNION PAC CORPCOM0.13%$334,0001.3K
68WMWASTE MGMT INC DELCOM0.12%$302,0001.8K
69AMTAMERICAN TOWER CORP NEWCOM0.11%$298,0001.0K
70FFORD MTR CO DELCOM0.11%$286,00013.8K
71BACBK OF AMERICA CORPCOM0.11%$283,0006.4K
72RMDRESMED INCCOM0.10%$258,000992
73OGEOGE ENERGY CORPCOM0.10%$256,0006.7K
74LLYLILLY ELI & COCOM0.10%$254,000920
75XELXCEL ENERGY INCCOM0.09%$245,0003.6K
76BNDXVANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.09%$243,0004.4K
77NKENIKE INCCL B0.09%$236,0001.4K
78UPSUNITED PARCEL SERVICE INCCL B0.09%$228,0001.1K
79LINDE PLCSHS0.09%$223,000645
80EFXEQUIFAX INCCOM0.08%$212,000725
81TJXTJX COS INC NEWCOM0.08%$211,0002.8K
82FVDFIRST TR VALUE LINE DIVID INSHS0.08%$208,0004.8K
83LOWLOWES COS INCCOM0.08%$206,000798
84PMPHILIP MORRIS INTL INCCOM0.08%$205,0002.2K
85DCIDONALDSON INCCOM0.08%$202,0003.4K
86ANTHEM INCNOTE 2.750%10/10.03%$73,00011.0K

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 ↗.