SEC 13F Intelligence

Managers / Q2 2024 · view latest →

BALLAST ADVISORS LLC

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

Reported Value
$315M
Q2 2024
Positions
163
Filings on Record
28
2019–present window
Filed
Jul 26, 2024
original filing

Summary

Ballast Advisors LLC reported $315M in U.S.-listed holdings across 163 positions for Q2 2024.

The portfolio is heavily concentrated: SCHX alone accounts for 45.2% of reported value.

Compared with Q1 2024, the fund opened 2 new positions and exited 11.

Portfolio Metrics

Turnover
+1.6%
vs prior filed quarter
Top-10 Concentration
+78.0%
share of reported value
Largest Position
+45.2%
Schwab Strategic Tr
New / Exited
2 / 11
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: 57.2%Common Stock: 38.1%MLP: 2.8%ADR: 1.8%
  • ETP · 57.2% · $180M
  • Common Stock · 38.1% · $120M
  • MLP · 2.8% · $9M
  • ADR · 1.8% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INTCINTEL CORPNEW+6.9K6.9K+$214,065$214,065
PMPHILIP MORRIS INTL INCNEW+2.1K2.1K+$210,361$210,361
CMGCHIPOTLE MEXICAN GRILL INCADDED+21.8K22.2K+$116,638$1M
NVDANVIDIA CORPORATIONADDED+34.0K37.7K+$1M$5M
ECLECOLAB INCADDED+4.0K7.5K+$977,599$2M
SCHOSCHWAB STRATEGIC TRADDED+130.4K251.5K+$6M$12M
BABAALIBABA GROUP HLDG LTDSOLD OUT−5.4K0−$392,046$0
PFEPFIZER INCSOLD OUT−7.4K0−$204,962$0

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

Holdings — Q2 2024

87 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHXSCHWAB STRATEGIC TRUS LRG CAP ETF · US LCAP VA ETF · INTL EQTY ETF · US LCAP GR ETF · SHT TM US TRES · EMRG MKTEQ ETF · US BRD MKT ETF · US SML CAP ETF · US AGGREGATE B · US REIT ETF · US MID-CAP ETF · US TIPS ETF · US DIVIDEND EQ45.23%$143M2.61M
2AGGISHARES TRCORE US AGGBD ET · RUSSELL 2000 ETF · CORE S&P500 ETF · RUS 1000 GRW ETF · RUS TP200 GR ETF · NATIONAL MUN ETF · 1 3 YR TREAS BD · 20 YR TR BD ETF · SHRT NAT MUN ETF · CORE MSCI EAFE · CORE S&P SCP ETF · RUS TP200 VL ETF · IBONDS DEC25 ETF · CORE S&P US GWT · RUS MID CAP ETF · INTL SEL DIV ETF · TIPS BD ETF · MSCI EAFE ETF · IBONDS DEC24 ETF · RUS MD CP GR ETF · 7-10 YR TRSY BD · CORE S&P MCP ETF · S&P 500 VAL ETF · S&P 500 GRWT ETF · EAFE GRWTH ETF · RUSSELL 3000 ETF · SELECT DIVID ETF · RUS 2000 VAL ETF · EAFE VALUE ETF · U.S. MED DVC ETF · IBOXX INV CP ETF · MSCI KLD400 SOC · S&P MC 400GR ETF · PFD AND INCM SEC · SP SMCP600VL ETF · MSCI EMG MKT ETF · AGGRES ALLOC ETF8.84%$28M267.5K
3AAPLAPPLE INChistory →COM7.68%$24M114.9K
4MSFTMICROSOFT CORPhistory →COM3.95%$12M27.9K
5JPMJPMORGAN CHASE & CO.history →COM3.21%$10M50.0K
6EPDENTERPRISE PRODS PARTNERS Lhistory →COM2.82%$9M307.0K
7UBERUBER TECHNOLOGIES INChistory →COM1.89%$6M81.9K
8NVDANVIDIA CORPORATIONhistory →COM1.48%$5M37.7K
9GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.46%$5M25.2K
10BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.44%$5M11.2K
11AMZNAMAZON COM INChistory →COM1.27%$4M20.7K
12NTICNORTHERN TECHNOLOGIES INTL CCOM0.90%$3M171.0K
13TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.83%$3M15.1K
14BXBLACKSTONE INCCOM0.79%$2M20.2K
15NVONOVO-NORDISK A SADR0.78%$2M17.2K
16VVISA INCCOM CL A0.65%$2M7.8K
17SPYGSPDR SER TRPRTFLO S&P500 GW · BLOOMBERG SHT TE · S&P 600 SMCP VAL · S&P DIVID ETF · PORTFOLIO S&P600 · S&P 600 SMCP GRW · S&P 400 MDCP GRW · PRTFLO S&P500 VL · PORTFOLIO S&P500 · PORTFOLIO LN TSR · S&P 400 MDCP VAL · NUVEEN BLMBRG MU · BLOOMBERG HIGH Y · NUVEEN BLOOMBERG · PRTFLO S&P500 HI0.62%$2M39.5K
18NXPINXP SEMICONDUCTORS N VCOM0.62%$2M7.2K
19METAMETA PLATFORMS INCCL A0.60%$2M3.8K
20VWOBVANGUARD WHITEHALL FDSEM MK GOV BD ETF · HIGH DIV YLD0.60%$2M29.5K
21COSTCOSTCO WHSL CORP NEWCOM0.57%$2M2.1K
22ECLECOLAB INCCOM0.57%$2M7.5K
23XLRESELECT SECTOR SPDR TRRL EST SEL SEC · TECHNOLOGY · SBI INT-UTILS · SBI HEALTHCARE · ENERGY0.49%$2M34.4K
24ACNACCENTURE PLC IRELANDSHS CLASS A0.48%$2M5.0K
25SPDWSPDR INDEX SHS FDSPORTFOLIO DEVLPD · PORTFOLIO EMG MK · MSCI ACWI CLMTE0.46%$1M41.3K
26CMGCHIPOTLE MEXICAN GRILL INCCOM0.44%$1M22.2K
27JNJJOHNSON & JOHNSONCOM0.40%$1M8.6K
28PEPPEPSICO INCCOM0.40%$1M7.6K
29SPYSPDR S&P 500 ETF TRTR UNIT0.39%$1M2.3K
30TSLATESLA INCCOM0.37%$1M5.9K
31VUGVANGUARD INDEX FDSGROWTH ETF · LARGE CAP ETF · REAL ESTATE ETF · VALUE ETF · TOTAL STK MKT · SMALL CP ETF · MID CAP ETF0.37%$1M5.7K
32KOCOCA COLA COCOM0.34%$1M17.0K
33CVXCHEVRON CORP NEWCOM0.34%$1M6.9K
34SYKSTRYKER CORPORATIONCOM0.33%$1M3.0K
35ADBEADOBE INCCOM0.32%$1M1.8K
36MCOMOODYS CORPCOM0.32%$1M2.4K
37TMOTHERMO FISHER SCIENTIFIC INCCOM0.30%$948,9481.7K
38CATCATERPILLAR INCCOM0.30%$936,3442.8K
39DHRDANAHER CORPORATIONCOM0.29%$924,6953.7K
40ROPROPER TECHNOLOGIES INCCOM0.29%$921,5841.6K
41ADPAUTOMATIC DATA PROCESSING INCOM0.29%$904,6353.8K
42ITWILLINOIS TOOL WKS INCCOM0.27%$863,0083.6K
43ORCLORACLE CORPCOM0.26%$814,1595.8K
44CPCANADIAN PACIFIC KANSAS CITYCOM0.25%$790,05610.0K
45EXMOCEXXON MOBIL CORPCOM0.23%$738,9556.4K
46BNDXVANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.22%$694,27814.3K
47MMM3M COCOM0.21%$670,5786.6K
48MUFGMITSUBISHI UFJ FINL GROUP INSPONSORED ADS0.21%$667,33261.8K
49UNHUNITEDHEALTH GROUP INCCOM0.21%$655,9271.3K
50FASTFASTENAL COCOM0.21%$654,73010.4K
51PGPROCTER AND GAMBLE COCOM0.20%$643,6833.9K
52HDHOME DEPOT INCCOM0.20%$642,0081.9K
53AXPAMERICAN EXPRESS COCOM0.18%$577,7172.5K
54HONHONEYWELL INTL INCCOM0.16%$501,6052.3K
55MARMARRIOTT INTL INC NEWCL A0.15%$485,2322.0K
56IBMINTERNATIONAL BUSINESS MACHSCOM0.15%$479,6562.8K
57LMTLOCKHEED MARTIN CORPCOM0.15%$473,6391.0K
58ABBVABBVIE INCCOM0.15%$466,7432.7K
59CTASCINTAS CORPCOM0.15%$460,771658
60AMGNAMGEN INCCOM0.14%$456,1771.5K
61WMTWALMART INCCOM0.14%$439,8136.5K
62CMICUMMINS INCCOM0.14%$431,1801.6K
63MDTMEDTRONIC PLCSHS0.14%$429,8355.5K
64NFLXNETFLIX INCCOM0.13%$411,677610
65LLYELI LILLY & COCOM0.13%$409,232452
66HLTHILTON WORLDWIDE HLDGS INCCOM0.12%$382,9411.8K
67MRKMERCK & CO INCCOM0.11%$338,8412.7K
68SBUXSTARBUCKS CORPCOM0.11%$336,4594.3K
69GE AEROSPACECOM NEW0.11%$331,2932.1K
70WMWASTE MGMT INC DELCOM0.10%$312,9701.5K
71APOGAPOGEE ENTERPRISES INCCOM0.09%$293,2514.7K
72MCDMCDONALDS CORPCOM0.09%$286,6951.1K
73OGEOGE ENERGY CORPCOM0.09%$281,6377.9K
74DCIDONALDSON INCCOM0.08%$267,3483.7K
75TJXTJX COS INC NEWCOM0.08%$265,8922.4K
76LINLINDE PLCSHS0.08%$263,286600
77LAM RESEARCH CORPCOM0.08%$253,434238
78CVSCVS HEALTH CORPCOM0.08%$252,0684.3K
79XELXCEL ENERGY INCCOM0.08%$251,0284.7K
80AMATAPPLIED MATLS INCCOM0.08%$249,4411.1K
81CSCOCISCO SYS INCCOM0.08%$240,1165.1K
82ABTABBOTT LABSCOM0.07%$226,2122.2K
83BACBANK AMERICA CORPCOM0.07%$222,7925.6K
84INTCINTEL CORPCOM0.07%$214,0656.9K
85PMPHILIP MORRIS INTL INCCOM0.07%$210,3612.1K
86UNPUNION PAC CORPCOM0.07%$208,159920
87BWBBRIDGEWATER BANCSHARES INCCOM0.05%$169,50614.6K

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 ↗.