SEC 13F Intelligence

Managers / Q4 2024 · view latest →

BALLAST ADVISORS LLC

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

Reported Value
$325M
Q4 2024
Positions
161
Filings on Record
28
2019–present window
Filed
Feb 11, 2025
original filing

Summary

Ballast Advisors LLC reported $325M in U.S.-listed holdings across 161 positions for Q4 2024.

Its largest position, Schwab Strategic Tr, represents 9.4% of the portfolio.

Compared with Q3 2024, the fund opened 4 new positions and exited 6.

Portfolio Metrics

Turnover
+3.0%
vs prior filed quarter
Top-10 Concentration
+62.2%
share of reported value
Largest Position
+9.4%
Schwab Strategic Tr
New / Exited
4 / 6
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. 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: 57.4%Common Stock: 36.7%MLP: 3.0%ADR: 1.6%Other: 1.3%
  • ETP · 57.4% · $186M
  • Common Stock · 36.7% · $119M
  • MLP · 3.0% · $10M
  • ADR · 1.6% · $5M
  • Other · 1.3% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SHOPSHOPIFY INCNEW+2.1K2.1K+$219,359$219,359
ISHARES TRNEW+3.9K3.9K+$182,138$182,138
ISHARES TRNEW+1.2K1.2K+$29,830$29,830
SCHWAB STRATEGIC TRNEW+4646+$1,117$1,117
SCHWAB STRATEGIC TRADDED+685.6K931.3K+$353,295$26M
SCHWAB STRATEGIC TRADDED+779.6K1.16M−$538,584$30M
SCHWAB STRATEGIC TRADDED+2.4K3.6K−$3,050$97,287
SCHWAB STRATEGIC TRADDED+181.5K272.3K+$137,369$6M

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

Holdings — Q4 2024

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHWAB STRATEGIC TRUS LRG CAP ETF · US LCAP VA ETF · US LCAP GR ETF · INTL EQTY ETF · SHT TM US TRES · EMRG MKTEQ ETF · US BRD MKT ETF · US SML CAP ETF · US REIT ETF · US AGGREGATE B45.42%$147M6.23M
2AAPLAPPLE INChistory →COM7.80%$25M101.0K
3ISHARES TRCORE US AGGBD ET · RUSSELL 2000 ETF · RUS 1000 GRW ETF · CORE S&P500 ETF7.18%$23M207.8K
4JPMJPMORGAN CHASE & CO.history →COM3.60%$12M48.8K
5MSFTMICROSOFT CORPhistory →COM3.54%$11M27.3K
6EPDENTERPRISE PRODS PARTNERS Lhistory →COM2.99%$10M309.2K
7BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.55%$5M11.1K
8NVDANVIDIA CORPORATIONhistory →COM1.48%$5M35.7K
9AMZNAMAZON COM INChistory →COM1.39%$5M20.6K
10GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.39%$5M23.8K
11UBERUBER TECHNOLOGIES INChistory →COM1.31%$4M70.6K
12BXBLACKSTONE INCCOM0.99%$3M18.6K
13TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.92%$3M15.2K
14VVISA INCCOM CL A0.78%$3M8.0K
15NTICNORTHERN TECHNOLOGIES INTL CCOM0.71%$2M171.0K
16METAMETA PLATFORMS INCCL A0.69%$2M3.8K
17TSLATESLA INCCOM0.67%$2M5.4K
18COSTCOSTCO WHSL CORP NEWCOM0.63%$2M2.2K
19VANGUARD WHITEHALL FDSEM MK GOV BD ETF0.61%$2M31.2K
20ACCENTURE PLC IRELANDSHS CLASS A0.56%$2M5.2K
21ECLECOLAB INCCOM0.51%$2M7.0K
22NXP SEMICONDUCTORS N VCOM0.49%$2M7.7K
23NVONOVO-NORDISK A SADR0.49%$2M18.5K
24CMGCHIPOTLE MEXICAN GRILL INCCOM0.44%$1M23.4K
25SELECT SECTOR SPDR TRRL EST SEL SEC0.43%$1M34.5K
26SPDR INDEX SHS FDSPORTFOLIO DEVLPD0.39%$1M37.1K
27DUTMOODYS CORPCOM0.39%$1M2.7K
28SPDR S&P 500 ETF TRTR UNIT0.37%$1M2.1K
29SYKSTRYKER CORPORATIONCOM0.37%$1M3.3K
30ADPAUTOMATIC DATA PROCESSING INCOM0.34%$1M3.8K
31JNJJOHNSON & JOHNSONCOM0.33%$1M7.4K
32KOCOCA COLA COCOM0.33%$1M17.1K
33ITWILLINOIS TOOL WKS INCCOM0.32%$1M4.1K
34TMOTHERMO FISHER SCIENTIFIC INCCOM0.31%$1M1.9K
35CATCATERPILLAR INCCOM0.30%$979,8152.7K
36CHVCHEVRON CORP NEWCOM0.30%$974,7656.7K
37DHRDANAHER CORPORATIONCOM0.29%$947,3534.1K

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 ↗.