SEC 13F Intelligence

Managers / Q1 2022 · view latest →

BALLAST ADVISORS LLC

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

Reported Value
$256M
Q1 2022
Positions
186
Filings on Record
28
2019–present window
Filed
Apr 21, 2022
original filing

Summary

Ballast Advisors LLC reported $256M in U.S.-listed holdings across 186 positions for Q1 2022.

The portfolio is heavily concentrated: SCHV alone accounts for 45.7% of reported value.

Compared with Q4 2021, the fund opened 9 new positions and exited 5.

Portfolio Metrics

Turnover
+2.7%
vs prior filed quarter
Top-10 Concentration
+80.1%
share of reported value
Largest Position
+45.7%
Schwab Strategic Tr
New / Exited
9 / 5
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: 62.5%Common Stock: 33.0%MLP: 3.2%Other: 0.6%ADR: 0.5%Other: 0.1%
  • ETP · 62.5% · $160M
  • Common Stock · 33.0% · $85M
  • MLP · 3.2% · $8M
  • Other · 0.6% · $1M
  • ADR · 0.5% · $1M
  • Other · 0.1% · $333,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
JANUS HENDERSON GROUP PLCNEW+21.8K21.8K+$762,000$762,000
VTIPVANGUARD MALVERN FDSNEW+14.5K14.5K+$741,000$741,000
LMTLOCKHEED MARTIN CORPNEW+987987+$436,000$436,000
XLESELECT SECTOR SPDR TRNEW+200200+$15,000$15,000
MBBISHARES TRNEW+7676+$8,000$8,000
IGSBISHARES TRNEW+5050+$3,000$3,000
VOXVANGUARD WORLD FDSNEW+1919+$2,000$2,000
IGLBISHARES TRNEW+11+$0$0

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

Holdings — Q1 2022

84 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHVSCHWAB STRATEGIC TRUS LCAP VA ETF · US LRG CAP ETF · INTL EQTY ETF · US LCAP GR 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 TRES45.70%$117M2.28M
2AGGISHARES TRCORE US AGGBD ET · 1 3 YR TREAS BD · 20 YR TR BD ETF · RUSSELL 2000 ETF · CORE S&P500 ETF · CORE S&P SCP ETF · TIPS BD ETF · RUS 1000 GRW ETF · BARCLAYS 7 10 YR · U.S. MED DVC ETF · RUS TP200 GR ETF · SHRT NAT MUN ETF · MSCI EAFE ETF · CORE MSCI EAFE · RUS TP200 VL ETF · NATIONAL MUN ETF · RUS MD CP GR ETF · S&P 500 VAL ETF · RUS MID CAP ETF · CORE S&P US GWT · CORE S&P MCP ETF · INTL SEL DIV ETF · S&P 500 GRWT ETF · RUSSELL 3000 ETF · EAFE VALUE ETF · IBOXX INV CP ETF · S&P MC 400VL ETF · S&P MC 400GR ETF · S&P SML 600 GWT · SELECT DIVID ETF · RUS 2000 VAL ETF · 3 7 YR TREAS BD · EAFE GRWTH ETF · PFD AND INCM SEC · MSCI KLD400 SOC · RUS 1000 VAL ETF · SP SMCP600VL ETF · MRGSTR MD CP GRW · MBS ETF · RUS 2000 GRW ETF · MSCI EMG MKT ETF · EAFE SML CP ETF · ISHS 1-5YR INVS · 10+ YR INVST GRD11.56%$30M259.8K
3AAPLAPPLE INChistory →COM9.32%$24M136.7K
4EPDENTERPRISE PRODS PARTNERS Lhistory →COM3.23%$8M320.5K
5JPMJPMORGAN CHASE & COhistory →COM2.76%$7M51.8K
6BXBLACKSTONE INChistory →COM1.79%$5M36.2K
7MSFTMICROSOFT CORPhistory →COM1.68%$4M13.9K
8UBERUBER TECHNOLOGIES INChistory →COM1.50%$4M107.6K
9BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.39%$4M10.1K
10GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.14%$3M1.0K
11SPYGSPDR 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 DIVID ETF · NUVEEN BLMBRG MU · S&P 400 MDCP GRW · PORTFOLIO LN TSR · S&P BIOTECH · 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 HI1.07%$3M47.8K
12MMM3M COhistory →COM1.01%$3M17.4K
13AMZNAMAZON COM INCCOM0.98%$3M772
14SPYSPDR S&P 500 ETF TRTR UNIT0.92%$2M5.2K
15NTICNORTHERN TECHNOLOGIES INTL CCOM0.90%$2M191.0K
16SPDWSPDR INDEX SHS FDSPORTFOLIO DEVLPD · PORTFOLIO EMG MK · DJ GLB RL ES ETF · LOW CARBON ETF · ASIA PACIF ETF · S&P CHINA ETF0.65%$2M46.8K
17JNJJOHNSON & JOHNSONCOM0.64%$2M9.3K
18VWOBVANGUARD WHITEHALL FDSEMERG MKT BD ETF · HIGH DIV YLD0.63%$2M22.6K
19VVISA INCCOM CL A0.56%$1M6.5K
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%$1M6.7K
21XLRESELECT SECTOR SPDR TRRL EST SEL SEC · SBI INT-UTILS · TECHNOLOGY · FINANCIAL · SBI CONS STPLS · ENERGY · SBI HEALTHCARE · SBI INT-INDS0.52%$1M25.2K
22BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.50%$1M11.9K
23MDTMEDTRONIC PLCSHS0.43%$1M9.9K
24CANADIAN PAC RY LTDCOM0.36%$926,00011.2K
25FASTFASTENAL COCOM0.32%$814,00013.7K
26CVSCVS HEALTH CORPCOM0.31%$799,0007.9K
27CATCATERPILLAR INCCOM0.30%$764,0003.4K
28CVXCHEVRON CORP NEWCOM0.30%$763,0004.7K
29JANUS HENDERSON GROUP PLCORD SHS0.30%$762,00021.8K
30VTIPVANGUARD MALVERN FDSSTRM INFPROIDX0.29%$741,00014.5K
31UNHUNITEDHEALTH GROUP INCCOM0.29%$736,0001.4K
32VZVERIZON COMMUNICATIONS INCCOM0.26%$667,00013.1K
33HDHOME DEPOT INCCOM0.26%$656,0002.2K
34TSLATESLA INCCOM0.25%$653,000606
35KOCOCA COLA COCOM0.23%$593,0009.6K
36PFEPFIZER INCCOM0.23%$584,00011.3K
37VGTVANGUARD WORLD FDSINF TECH ETF · FINANCIALS ETF · CONSUM STP ETF · HEALTH CAR ETF · COMM SRVC ETF · MATERIALS ETF0.22%$564,0002.7K
38HONHONEYWELL INTL INCCOM0.22%$555,0002.9K
39SBUXSTARBUCKS CORPCOM0.21%$529,0005.8K
40VEAVANGUARD TAX-MANAGED INTL FDFTSE DEV MKT ETF0.20%$523,00010.9K
41PEPPEPSICO INCCOM0.20%$522,0003.1K
42EXMOCEXXON MOBIL CORPCOM0.20%$517,0006.3K
43AXPAMERICAN EXPRESS COCOM0.19%$490,0002.6K
44CSCOCISCO SYS INCCOM0.19%$481,0008.6K
45NVDANVIDIA CORPORATIONCOM0.19%$480,0001.8K
46COSTCOSTCO WHSL CORP NEWCOM0.18%$473,000821
47MARMARRIOTT INTL INC NEWCL A0.18%$461,0002.6K
48ABBVABBVIE INCCOM0.18%$460,0002.8K
49PGPROCTER AND GAMBLE COCOM0.18%$458,0003.0K
50AMGNAMGEN INCCOM0.18%$457,0001.9K
51ACNACCENTURE PLC IRELANDSHS CLASS A0.17%$445,0001.3K
52LMTLOCKHEED MARTIN CORPCOM0.17%$436,000987
53IBMINTERNATIONAL BUSINESS MACHSCOM0.16%$421,0003.2K
54APOGAPOGEE ENTERPRISES INCCOM0.16%$409,0008.6K
55CTASCINTAS CORPCOM0.16%$402,000945
56BNDXVANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.16%$400,0007.6K
57MRKMERCK & CO INCCOM0.15%$392,0004.8K
58INTCINTEL CORPCOM0.15%$392,0007.9K
59WMTWALMART INCCOM0.14%$364,0002.4K
60UNPUNION PAC CORPCOM0.14%$362,0001.3K
61LISTED FD TRTRUESHARES STRCT · TRUESHS TECH AI · TRUESHS ESG ACTV0.14%$353,0009.7K
62HLTHILTON WORLDWIDE HLDGS INCCOM0.14%$350,0002.3K
63METAMETA PLATFORMS INCCL A0.14%$347,0001.6K
64ABTABBOTT LABSCOM0.13%$345,0002.9K
65TAT&T INCCOM0.13%$345,00014.6K
66DISDISNEY WALT COCOM0.13%$342,0002.5K
67ORCLORACLE CORPCOM0.13%$328,0004.0K
68MCDMCDONALDS CORPCOM0.12%$320,0001.3K
69USBUS BANCORP DELCOM NEW0.12%$317,0006.0K
70BWBBRIDGEWATER BANCSHARES INCCOM ACCD INV0.12%$309,00018.5K
71XELXCEL ENERGY INCCOM0.11%$287,0004.0K
72WMWASTE MGMT INC DELCOM0.11%$287,0001.8K
73BACBK OF AMERICA CORPCOM0.11%$281,0006.8K
74OGEOGE ENERGY CORPCOM0.11%$272,0006.7K
75LLYLILLY ELI & COCOM0.10%$263,000920
76AMTAMERICAN TOWER CORP NEWCOM0.10%$256,0001.0K
77RMDRESMED INCCOM0.09%$241,000992
78NFLXNETFLIX INCCOM0.09%$234,000624
79UPSUNITED PARCEL SERVICE INCCL B0.09%$230,0001.1K
80FFORD MTR CO DELCOM0.09%$227,00013.4K
81LINDE PLCSHS0.08%$206,000645
82FVDFIRST TR VALUE LINE DIVID INSHS0.08%$204,0004.8K
83PMPHILIP MORRIS INTL INCCOM0.08%$203,0002.2K
84ANTHEM INCNOTE 2.750%10/10.03%$77,00011.0K

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 ↗.