SEC 13F Intelligence

Managers / Q3 2022 · view latest →

BALLAST ADVISORS LLC

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

Reported Value
$214M
Q3 2022
Positions
177
Filings on Record
28
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Ballast Advisors LLC reported $214M in U.S.-listed holdings across 177 positions for Q3 2022.

The portfolio is heavily concentrated: SCHV alone accounts for 47.0% of reported value.

Compared with Q2 2022, the fund opened 2 new positions and exited 7.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+81.0%
share of reported value
Largest Position
+47.0%
Schwab Strategic Tr
New / Exited
2 / 7
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: 63.7%Common Stock: 31.6%MLP: 3.7%Other: 0.5%ADR: 0.4%Other: 0.1%
  • ETP · 63.7% · $136M
  • Common Stock · 31.6% · $68M
  • MLP · 3.7% · $8M
  • Other · 0.5% · $1M
  • ADR · 0.4% · $949,000
  • Other · 0.1% · $291,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BNDXVANGUARD CHARLOTTE FDSNEW+7.8K7.8K+$372,000$372,000
GLDSPDR GOLD TRNEW+2.4K2.4K+$367,000$367,000
GOOGALPHABET INCADDED+9.2K9.6K−$79,000$927,000
GOOGLALPHABET INCADDED+12.9K13.6K−$156,000$1M
TSLATESLA INCADDED+1.7K2.5K+$131,000$652,000
PMPHILIP MORRIS INTL INCSOLD OUT−2.2K0−$216,000$0
SCHISCHWAB STRATEGIC TRSOLD OUT−2240−$10,000$0
SPDR INDEX SHS FDSSOLD OUT−640−$3,000$0

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

Holdings — Q3 2022

80 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 · SHT TM US TRES · EMRG MKTEQ ETF · US SML CAP ETF · US AGGREGATE B · US REIT ETF · US MID-CAP ETF · US TIPS ETF · US DIVIDEND EQ · INT-TRM U.S TRES46.99%$100M2.47M
2AGGISHARES TRCORE US AGGBD ET · 1 3 YR TREAS BD · RUSSELL 2000 ETF · 20 YR TR BD ETF · CORE S&P500 ETF · CORE S&P SCP ETF · TIPS BD ETF · RUS 1000 GRW ETF · 7-10 YR TRSY BD · SHRT NAT MUN ETF · RUS TP200 GR ETF · U.S. MED DVC ETF · NATIONAL MUN ETF · CORE MSCI EAFE · RUS TP200 VL ETF · MSCI EAFE ETF · RUS MD CP GR ETF · S&P 500 VAL ETF · CORE S&P US GWT · CORE S&P MCP ETF · RUS MID CAP ETF · INTL SEL DIV ETF · S&P 500 GRWT ETF · S&P MC 400VL ETF · EAFE VALUE ETF · IBOXX INV CP ETF · S&P MC 400GR ETF · S&P SML 600 GWT · SELECT DIVID ETF · RUS 2000 VAL ETF · 3 7 YR TREAS BD · RUSSELL 3000 ETF · PFD AND INCM SEC · EAFE GRWTH ETF · 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 ETF11.75%$25M254.5K
3AAPLAPPLE INChistory →COM8.85%$19M136.9K
4EPDENTERPRISE PRODS PARTNERS Lhistory →COM3.66%$8M329.3K
5JPMJPMORGAN CHASE & COhistory →COM2.62%$6M53.6K
6MSFTMICROSOFT CORPhistory →COM1.69%$4M15.5K
7UBERUBER TECHNOLOGIES INChistory →COM1.48%$3M119.0K
8BXBLACKSTONE INChistory →COM1.40%$3M35.8K
9BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.33%$3M10.6K
10NTICNORTHERN TECHNOLOGIES INTL Chistory →COM1.19%$3M191.0K
11GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.04%$2M23.3K
12SPYGSPDR 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 · S&P BIOTECH · PORTFOLIO LN TSR · PORTFOLIO S&P500 · NUVEEN BLMBRG SH · S&P 400 MDCP VAL · NUVEEN BLOOMBERG · BLOOMBERG HIGH Y · HLTH CARE SVCS · PORTFOLIO SH TSR · PRTFLO S&P500 HI1.03%$2M47.0K
13AMZNAMAZON COM INCCOM0.95%$2M18.0K
14MMM3M COCOM0.77%$2M15.0K
15SPYSPDR S&P 500 ETF TRTR UNIT0.70%$2M4.2K
16JNJJOHNSON & JOHNSONCOM0.70%$1M9.1K
17VWOBVANGUARD WHITEHALL FDSEM MK GOV BD ETF · HIGH DIV YLD0.66%$1M24.1K
18SPDWSPDR INDEX SHS FDSPORTFOLIO DEVLPD · PORTFOLIO EMG MK · DJ GLB RL ES ETF · MSCI ACWI CLMTE · ASIA PACIF ETF · S&P CHINA ETF0.66%$1M53.3K
19VVISA INCCOM CL A0.54%$1M6.5K
20VUGVANGUARD INDEX FDSGROWTH ETF · LARGE CAP ETF · VALUE ETF · REAL ESTATE ETF · SMALL CP ETF · MID CAP ETF · TOTAL STK MKT · SML CP GRW ETF0.48%$1M6.7K
21XLRESELECT SECTOR SPDR TRRL EST SEL SEC · SBI INT-UTILS · TECHNOLOGY · FINANCIAL · ENERGY · SBI HEALTHCARE · SBI CONS STPLS · SBI INT-INDS0.47%$999,00024.7K
22BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.44%$949,00011.9K
23CVXCHEVRON CORP NEWCOM0.43%$918,0006.4K
24CVSCVS HEALTH CORPCOM0.35%$751,0007.9K
25CANADIAN PAC RY LTDCOM0.35%$740,00011.1K
26MDTMEDTRONIC PLCSHS0.35%$738,0009.1K
27UNHUNITEDHEALTH GROUP INCCOM0.34%$730,0001.4K
28TSLATESLA INCCOM0.30%$652,0002.5K
29HDHOME DEPOT INCCOM0.30%$635,0002.3K
30FASTFASTENAL COCOM0.30%$631,00013.7K
31VTIPVANGUARD MALVERN FDSSTRM INFPROIDX0.28%$603,00012.5K
32CATCATERPILLAR INCCOM0.26%$563,0003.4K
33KOCOCA COLA COCOM0.25%$535,0009.6K
34EXMOCEXXON MOBIL CORPCOM0.25%$535,0006.1K
35PEPPEPSICO INCCOM0.24%$509,0003.1K
36SBUXSTARBUCKS CORPCOM0.23%$501,0006.0K
37PFEPFIZER INCCOM0.22%$479,00010.9K
38VZVERIZON COMMUNICATIONS INCCOM0.22%$478,00012.6K
39HONHONEYWELL INTL INCCOM0.22%$476,0002.9K
40AMGNAMGEN INCCOM0.20%$417,0001.8K
41JANUS HENDERSON GROUP PLCORD SHS0.19%$412,00020.3K
42IBMINTERNATIONAL BUSINESS MACHSCOM0.19%$408,0003.4K
43COSTCOSTCO WHSL CORP NEWCOM0.18%$388,000821
44ABBVABBVIE INCCOM0.18%$381,0002.8K
45VEAVANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.18%$381,00010.5K
46LMTLOCKHEED MARTIN CORPCOM0.18%$381,000987
47PGPROCTER AND GAMBLE COCOM0.18%$379,0003.0K
48BNDXVANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.17%$372,0007.8K
49CTASCINTAS CORPCOM0.17%$367,000945
50GLDSPDR GOLD TRGOLD SHS0.17%$367,0002.4K
51MRKMERCK & CO INCCOM0.17%$364,0004.2K
52AXPAMERICAN EXPRESS COCOM0.17%$354,0002.6K
53MARMARRIOTT INTL INC NEWCL A0.16%$349,0002.5K
54VGTVANGUARD WORLD FDSINF TECH ETF · FINANCIALS ETF · CONSUM STP ETF · HEALTH CAR ETF0.16%$347,0002.3K
55CSCOCISCO SYS INCCOM0.16%$340,0008.5K
56APOGAPOGEE ENTERPRISES INCCOM0.15%$329,0008.6K
57ACNACCENTURE PLC IRELANDSHS CLASS A0.14%$310,0001.2K
58MCDMCDONALDS CORPCOM0.14%$299,0001.3K
59LLYLILLY ELI & COCOM0.14%$293,000905
60WMTWALMART INCCOM0.14%$293,0002.3K
61WMWASTE MGMT INC DELCOM0.14%$290,0001.8K
62LISTED FD TRTRUESHARES STRCT · TRUESHS TECH AI · TRUESHS ESG ACTV0.13%$281,0009.7K
63ABTABBOTT LABSCOM0.13%$280,0002.9K
64HLTHILTON WORLDWIDE HLDGS INCCOM0.13%$278,0002.3K
65BWBBRIDGEWATER BANCSHARES INCCOM ACCD INV0.13%$273,00016.6K
66UNPUNION PAC CORPCOM0.12%$258,0001.3K
67XELXCEL ENERGY INCCOM0.12%$255,0004.0K
68NVDANVIDIA CORPORATIONCOM0.12%$254,0002.1K
69OGEOGE ENERGY CORPCOM0.11%$243,0006.7K
70USBUS BANCORP DELCOM NEW0.11%$241,0006.0K
71DISDISNEY WALT COCOM0.11%$235,0002.5K
72BACBK OF AMERICA CORPCOM0.11%$231,0007.7K
73ORCLORACLE CORPCOM0.11%$230,0003.8K
74METAMETA PLATFORMS INCCL A0.11%$225,0001.7K
75TAT&T INCCOM0.10%$223,00014.5K
76AMTAMERICAN TOWER CORP NEWCOM0.10%$219,0001.0K
77RMDRESMED INCCOM0.10%$217,000992
78INTCINTEL CORPCOM0.09%$201,0007.8K
79FFORD MTR CO DELCOM0.07%$151,00013.4K
80ELEVANCE HEALTH INCNOTE 2.750%10/10.03%$72,00011.0K

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 ↗.