SEC 13F Intelligence

Managers / Q3 2025 · view latest →

BALLAST ADVISORS LLC

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

Reported Value
$363M
Q3 2025
Positions
180
Filings on Record
28
2019–present window
Filed
Nov 12, 2025
original filing

Summary

Ballast Advisors LLC reported $363M in U.S.-listed holdings across 180 positions for Q3 2025.

Its largest position, Schwab Strategic Tr, represents 9.5% of the portfolio.

Compared with Q2 2025, the fund opened 20 new positions and exited 8.

Portfolio Metrics

Turnover
+1.0%
vs prior filed quarter
Top-10 Concentration
+60.8%
share of reported value
Largest Position
+9.5%
Schwab Strategic Tr
New / Exited
20 / 8
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: 36.4%MLP: 2.7%ADR: 2.2%Other: 1.2%
  • ETP · 57.4% · $208M
  • Common Stock · 36.4% · $132M
  • MLP · 2.7% · $10M
  • ADR · 2.2% · $8M
  • Other · 1.2% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AIZASSURANT INCNEW+988988+$214,001$214,001
MCKMCKESSON CORPNEW+273273+$210,903$210,903
INVESCO EXCH TRD SLF IDX FDNEW+9.9K9.9K+$203,849$203,849
APOGAPOGEE ENTERPRISES INCNEW+4.7K4.7K+$203,341$203,341
AMATAPPLIED MATLS INCNEW+982982+$201,055$201,055
ISHARES TRNEW+5.8K5.8K+$140,539$140,539
SPDR INDEX SHS FDSNEW+2.6K2.6K+$99,495$99,495
VANGUARD INDEX FDSNEW+342342+$71,379$71,379

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

Holdings — Q3 2025

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 B45.61%$166M6.12M
2ISHARES TRCORE US AGGBD ET · RUSSELL 2000 ETF · RUS 1000 GRW ETF · CORE S&P500 ETF7.03%$26M219.1K
3AAPLAPPLE INChistory →COM6.22%$23M88.7K
4JPMJPMORGAN CHASE & CO.history →COM3.88%$14M44.6K
5MSFTMICROSOFT CORPhistory →COM3.76%$14M26.3K
6EPDENTERPRISE PRODS PARTNERS Lhistory →COM2.72%$10M315.6K
7UBERUBER TECHNOLOGIES INChistory →COM1.92%$7M71.1K
8NVDANVIDIA CORPORATIONhistory →COM1.70%$6M33.2K
9BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.63%$6M11.7K
10TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.63%$6M21.1K
11GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.29%$5M19.3K
12AMZNAMAZON COM INChistory →COM1.25%$5M20.7K
13BXBLACKSTONE INCCOM0.91%$3M19.4K
14VVISA INCCOM CL A0.80%$3M8.5K
15METAMETA PLATFORMS INCCL A0.78%$3M3.9K
16SLBSCHLUMBERGER LTDCOM STK0.77%$3M81.1K
17TSLATESLA INCCOM0.62%$2M5.0K
18COSTCOSTCO WHSL CORP NEWCOM0.60%$2M2.4K
19VANGUARD WHITEHALL FDSEM MK GOV BD ETF0.59%$2M32.2K
20NXP SEMICONDUCTORS N VCOM0.56%$2M8.9K
21ECLECOLAB INCCOM0.51%$2M6.7K
22SELECT SECTOR SPDR TRRL EST SEL SEC0.47%$2M40.9K
23SPDR INDEX SHS FDSPORTFOLIO DEVLPD0.42%$2M35.6K
24SYKSTRYKER CORPORATIONCOM0.41%$1M4.0K
25DUTMOODYS CORPCOM0.40%$1M3.1K
26SPDR S&P 500 ETF TRTR UNIT0.40%$1M2.2K
27ORCLORACLE CORPCOM0.39%$1M5.1K
28ACCENTURE PLC IRELANDSHS CLASS A0.38%$1M5.6K
29ITWILLINOIS TOOL WKS INCCOM0.36%$1M5.1K
30NTICNORTHERN TECHNOLOGIES INTL CCOM0.36%$1M171.0K
31PEPPEPSICO INCCOM0.35%$1M8.9K
32ADPAUTOMATIC DATA PROCESSING INCOM0.33%$1M4.1K
33NVONOVO-NORDISK A SADR0.33%$1M21.7K
34KOCOCA COLA COCOM0.31%$1M17.2K
35TMOTHERMO FISHER SCIENTIFIC INCCOM0.31%$1M2.3K
36MMM3M COCOM0.29%$1M6.9K
37CMGCHIPOTLE MEXICAN GRILL INCCOM0.29%$1M26.8K

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 ↗.