# BALLAST ADVISORS LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1803415. Source: https://holderbook.com/funds/1803415-ballast-advisors-llc/

- Reported value: $419.7M
- Positions: 197
- Weight of the ten largest: 58.0%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $41.1M | 1,179,966 | 9.8% | 27 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $37.1M | 1,259,742 | 8.8% | 27 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $33.0M | 1,191,620 | 7.9% | 27 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $31.0M | 916,483 | 7.4% | 27 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $23.0M | 79,348 | 5.5% | 27 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $21.3M | 215,046 | 5.1% | 27 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $21.0M | 870,406 | 5.0% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $13.1M | 39,889 | 3.1% | 27 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $11.6M | 24,376 | 2.8% | 14 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $11.4M | 310,579 | 2.7% | 24 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $9.8M | 269,165 | 2.3% | 27 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $9.7M | 26,062 | 2.3% | 27 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $8.2M | 281,683 | 1.9% | 1 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $7.1M | 140,394 | 1.7% | 1 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $6.9M | 135,903 | 1.6% | 2 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $6.7M | 185,570 | 1.6% | 27 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.6M | 32,790 | 1.6% | 24 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $6.3M | 12,559 | 1.5% | 27 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $5.2M | 14,453 | 1.2% | 27 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.0M | 20,961 | 1.2% | 27 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $4.6M | 63,899 | 1.1% | 20 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $3.4M | 73,768 | 0.8% | 6 |
| T ROWE PRICE EXCHANGE-TRADED | [TCAF](https://holderbook.com/stocks/TCAF/) | $3.4M | 81,605 | 0.8% | 2 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $3.1M | 67,166 | 0.7% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.0M | 8,634 | 0.7% | 27 |
| SCHWAB STRATEGIC TR | [SCHH](https://holderbook.com/stocks/SCHH/) | $2.9M | 124,138 | 0.7% | 27 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $2.7M | 115,246 | 0.6% | 27 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $2.6M | 9,111 | 0.6% | 13 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.4M | 8,071 | 0.6% | 27 |
| VANGUARD WHITEHALL FDS | [VWOB](https://holderbook.com/stocks/VWOB/) | $2.3M | 33,881 | 0.5% | 25 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.2M | 3,943 | 0.5% | 14 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.2M | 2,370 | 0.5% | 24 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $2.2M | 18,385 | 0.5% | 27 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $2.1M | 41,996 | 0.5% | 27 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $2.0M | 46,485 | 0.5% | 24 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $2.0M | 4,656 | 0.5% | 24 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.9M | 5,437 | 0.5% | 27 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $1.8M | 6,473 | 0.4% | 14 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.6M | 12,962 | 0.4% | 27 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $1.4M | 3,113 | 0.3% | 12 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.4M | 1,874 | 0.3% | 27 |
| NORTHERN TECHNOLOGIES INTL C | [NTIC](https://holderbook.com/stocks/NTIC/) | $1.4M | 158,702 | 0.3% | 27 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $1.4M | 5,004 | 0.3% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.3M | 16,601 | 0.3% | 27 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.3M | 9,753 | 0.3% | 27 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $1.3M | 4,173 | 0.3% | 12 |
| MITSUBISHI UFJ FINANCIAL GRO | [MUFG](https://holderbook.com/stocks/MUFG/) | $1.3M | 63,069 | 0.3% | 10 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.1M | 1,508 | 0.3% | 27 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $1.1M | 2,238 | 0.3% | 12 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $978.5K | 5,137 | 0.2% | 12 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $962.8K | 3,791 | 0.2% | 27 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $942.2K | 19,653 | 0.2% | 14 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $892.1K | 2,387 | 0.2% | 13 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $869.5K | 8,637 | 0.2% | 1 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $868.8K | 17,940 | 0.2% | 16 |
| ISHARES TR | [IWY](https://holderbook.com/stocks/IWY/) | $862.9K | 2,969 | 0.2% | 27 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $841.2K | 2,024 | 0.2% | 27 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $840.1K | 2,267 | 0.2% | 21 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $835.5K | 5,160 | 0.2% | 27 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $783.2K | 6,915 | 0.2% | 25 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $776.8K | 673 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $759.7K | 8,819 | 0.2% | 27 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $752.3K | 15,664 | 0.2% | 20 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $749.3K | 2,125 | 0.2% | 27 |
| CAPITAL GROUP INTERNATIONAL | [CGIC](https://holderbook.com/stocks/CGIC/) | $740.5K | 20,350 | 0.2% | 2 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $739.2K | 21,740 | 0.2% | 14 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $719.9K | 676 | 0.2% | 27 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $711.9K | 5,207 | 0.2% | 27 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $710.0K | 982 | 0.2% | 4 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $699.2K | 4,771 | 0.2% | 27 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $689.3K | 3,078 | 0.2% | 12 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $664.7K | 1,534 | 0.2% | 5 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $651.5K | 1,926 | 0.2% | 25 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $637.6K | 2,267 | 0.2% | 27 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $608.0K | 3,668 | 0.1% | 27 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $599.1K | 3,145 | 0.1% | 27 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $567.8K | 1,678 | 0.1% | 12 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $558.3K | 6,443 | 0.1% | 13 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $542.1K | 452 | 0.1% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $538.4K | 2,140 | 0.1% | 25 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $511.1K | 435 | 0.1% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $497.6K | 4,236 | 0.1% | 27 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $472.9K | 1,431 | 0.1% | 23 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $469.7K | 1,297 | 0.1% | 27 |
| SPDR SERIES TRUST | [SJNK](https://holderbook.com/stocks/SJNK/) | $461.0K | 18,419 | 0.1% | 27 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $445.3K | 874 | 0.1% | 18 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $440.4K | 6,168 | 0.1% | 14 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $421.0K | 3,383 | 0.1% | 27 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $418.1K | 4,042 | 0.1% | 6 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $414.7K | 1,861 | 0.1% | 24 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $404.0K | 4,183 | 0.1% | 20 |
| OGE ENERGY CORP | [OGE](https://holderbook.com/stocks/OGE/) | $383.9K | 7,889 | 0.1% | 10 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $379.4K | 532 | 0.1% | 15 |
| ISHARES TR | [IWX](https://holderbook.com/stocks/IWX/) | $379.2K | 3,606 | 0.1% | 27 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $370.0K | 3,109 | 0.1% | 27 |
| DONALDSON INC | [DCI](https://holderbook.com/stocks/DCI/) | $335.4K | 3,736 | 0.1% | 15 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $326.8K | 1,594 | 0.1% | 13 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $320.3K | 1,883 | 0.1% | 25 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $320.1K | 551 | 0.1% | 2 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $318.4K | 2,959 | 0.1% | 23 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.3% | +14.8% | -3.6% | 100% |
| Q1 2026 | -3.0% | -4.6% | +1.7% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.0% | 100% |
| Q3 2025 | +6.8% | +7.8% | -1.0% | 100% |
| Q2 2025 | +7.4% | +10.5% | -3.1% | 100% |
| Q1 2025 | -2.4% | -4.6% | +2.1% | 100% |
| Q4 2024 | +0.2% | +2.1% | -1.9% | 100% |
| Q3 2024 | +5.3% | +5.4% | -0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $419.7M | 197 |
| Q1 2026 | $343.8M | 391 |
| Q4 2025 | $362.5M | 175 |
| Q3 2025 | $363.1M | 180 |
| Q2 2025 | $339.4M | 168 |
| Q1 2025 | $313.8M | 164 |
| Q4 2024 | $324.5M | 161 |
| Q3 2024 | $323.6M | 163 |
| Q2 2024 | $315.1M | 163 |
| Q1 2024 | $296.7M | 172 |
| Q4 2023 | $267.8M | 169 |
| Q3 2023 | $250.7M | 178 |