Ballast Advisors LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Ballast Advisors LLC reported 197 stock positions worth $419.7 million. Its top holding was Schwab US Large-Cap Value (SCHV) at 9.8% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 8.8%) and Schwab Intl Equity ETF (SCHF, 7.9%). Compared with Q1 2026, it opened 11 new positions, sold out of 209, added to 60 and reduced 63. The biggest buy was a new position in Schwab Short-Term US Treas (SCHO) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- WOODBURY, MN
- CIK
- 0001803415
- Portfolio Value
- $419.7M (Q2 2026)
- SEC Filing
- 0001398344-26-014147 ↗ filed Aug 12, 2026
Holdings Value
Holdings 197 stocks · $419.7M
| SCHV Schwab US Large-Cap Value | 9.79% | 1,179,966 | $41.1M | Reduce -1.2% |
| SCHX Schwab US Large-Cap ETF | 8.83% | 1,259,742 | $37.1M | Reduce -5.7% |
| SCHF Schwab Intl Equity ETF | 7.86% | 1,191,620 | $33.0M | Reduce -1.7% |
| SCHG Schwab US Large-Cap Growth | 7.39% | 916,483 | $31.0M | Reduce -5.3% |
| AAPL Apple Inc. | 5.47% | 79,348 | $23.0M | Reduce -3.2% |
| AGG iShares Core U.S. Aggregate | 5.07% | 215,046 | $21.3M | Add +7.8% |
| SCHO Schwab Short-Term US Treas | 5.01% | 870,406 | $21.0M | New |
| JPM JPMorgan Chase & Co. | 3.11% | 39,889 | $13.1M | Reduce -2.6% |
| TSM Taiwan Semiconductor-SP ADR | 2.77% | 24,376 | $11.6M | Add +2.0% |
| EPD Enterprise Products Partners | 2.72% | 310,579 | $11.4M | Add +0.0% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 2.33% | 269,165 | $9.8M | Reduce -1.9% |
| MSFT Microsoft Corp. | 2.32% | 26,062 | $9.7M | Add +0.5% |
| SCHB Schwab US Broad Market ETF | 1.94% | 281,683 | $8.2M | New |
| VTIP Vanguard Short-Term Tips | 1.68% | 140,394 | $7.1M | New |
| JAAA Janus Henderson Aaa Clo ETF | 1.63% | 135,903 | $6.9M | Add +11916.2% |
| SCHA Schwab US Small-Cap ETF | 1.60% | 185,570 | $6.7M | Reduce -4.9% |
| NVDA Nvidia Corp. | 1.56% | 32,790 | $6.6M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.50% | 12,559 | $6.3M | Add +1.8% |
| GOOGL Alphabet Inc. Class A | 1.23% | 14,453 | $5.2M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 1.19% | 20,961 | $5.0M | Reduce -1.5% |
| UBER Uber Technologies Inc. | 1.10% | 63,899 | $4.6M | Reduce -1.5% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.82% | 73,768 | $3.4M | Reduce -10.7% |
| TCAF T Rowe PRC Cap Appreciation | 0.80% | 81,605 | $3.4M | Add +462.9% |
| VMBS Vanguard Mortgage-Backed Sec | 0.75% | 67,166 | $3.1M | New |
| V Visa Inc. Class A | 0.71% | 8,634 | $3.0M | Add +0.1% |
| SCHH Schwab US REIT ETF | 0.70% | 124,138 | $2.9M | Reduce -1.4% |
| SCHZ Schwab US Aggregate Bond ETF | 0.64% | 115,246 | $2.7M | Add +23.6% |
| NXPI NXP Semiconductors NV | 0.61% | 9,111 | $2.6M | Add +0.4% |
| IWM iShares Russell 2000 ETF | 0.58% | 8,071 | $2.4M | Reduce -2.9% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.54% | 33,881 | $2.3M | Add +4.6% |
| META Meta Platforms Inc. Class A | 0.53% | 3,943 | $2.2M | Add +0.2% |
| COST Costco Wholesale Corp. | 0.53% | 2,370 | $2.2M | Add +0.0% |
| BX Blackstone Inc. | 0.52% | 18,385 | $2.2M | Reduce -3.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.50% | 41,996 | $2.1M | Add +24.2% |
| XLRE SS Real Estate Select Sector | 0.49% | 46,485 | $2.0M | Add +6.4% |
| TSLA Tesla Inc. | 0.47% | 4,656 | $2.0M | Reduce -3.3% |
| GOOG Alphabet Inc. Class C | 0.46% | 5,437 | $1.9M | Add +5.4% |
| ECL Ecolab Inc. | 0.43% | 6,473 | $1.8M | No change |
| IWF iShares Russell 1000 Growth | 0.38% | 12,962 | $1.6M | Reduce -1.8% |
| MCO Moody's Corp. | 0.34% | 3,113 | $1.4M | Reduce -0.7% |
| IVV iShares Core S&P 500 ETF | 0.33% | 1,874 | $1.4M | Reduce -27.0% |
| NTIC Northern Technologies Intl | 0.32% | 158,702 | $1.4M | Reduce -7.2% |
| ITW Illinois Tool Works | 0.32% | 5,004 | $1.4M | Reduce -1.1% |
| KO The Coca-Cola Co. | 0.32% | 16,601 | $1.3M | Add +0.9% |
| PEP Pepsico Inc. | 0.31% | 9,753 | $1.3M | Reduce -2.1% |
| SYK Stryker Corp. | 0.31% | 4,173 | $1.3M | Reduce -0.3% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.30% | 63,069 | $1.3M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 1,508 | $1.1M | Reduce -1.7% |
| TMO Thermo Fisher Scientific Inc. | 0.27% | 2,238 | $1.1M | Reduce -4.9% |
| DHR Danaher Corp. | 0.23% | 5,137 | $978K | Reduce -4.8% |
| JNJ Johnson & Johnson | 0.23% | 3,791 | $963K | Add +5.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.22% | 19,653 | $942K | Reduce -8.8% |
| GE General Electric filed as GE AEROSPACE | 0.21% | 2,387 | $892K | Reduce -2.4% |
| SGOV iShares 0-3 Month Treasury B | 0.21% | 8,637 | $869K | New |
| BNDX Vanguard Total Intl Bond ETF | 0.21% | 17,940 | $869K | Add +6.4% |
| IWY iShares Russell Top 200 Grow | 0.21% | 2,969 | $863K | No change |
| UNH Unitedhealth Group Inc. | 0.20% | 2,024 | $841K | Add +81.7% |
| MAR Marriott International Class A | 0.20% | 2,267 | $840K | Reduce -0.5% |
| MMM 3M Co. | 0.20% | 5,160 | $835K | Reduce -18.8% |
| WMT Walmart Inc. | 0.19% | 6,915 | $783K | Add +5.4% |
| MU Micron Technology Inc. | 0.19% | 673 | $777K | Reduce -1.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.18% | 8,819 | $760K | Reduce -0.3% |
| FAST Fastenal Co. | 0.18% | 15,664 | $752K | No change |
| HD Home Depot Inc. | 0.18% | 2,125 | $749K | Reduce -1.1% |
| CGIC Cap Group Intl Core Eq filed as CAPITAL GROUP INTERNATIONAL | 0.18% | 20,350 | $741K | Add +32.3% |
| CMG Chipotle Mexican Grill Inc. | 0.18% | 21,740 | $739K | Reduce -7.1% |
| CAT Caterpillar Inc. | 0.17% | 676 | $720K | No change |
| XOM Exxon Mobil Corp. | 0.17% | 5,207 | $712K | Reduce -2.8% |
| AMAT Applied Materials Inc. | 0.17% | 982 | $710K | No change |
| ORCL Oracle Corp. | 0.17% | 4,771 | $699K | Reduce -2.5% |
| ADP Automatic Data Processing | 0.16% | 3,078 | $689K | Reduce -16.4% |
| LRCX Lam Research Corp. | 0.16% | 1,534 | $665K | Reduce -15.9% |
| AXP American Express Co. | 0.16% | 1,926 | $651K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.15% | 2,267 | $638K | Reduce -1.0% |
| CVX Chevron Corp. | 0.14% | 3,668 | $608K | Reduce -9.4% |
| XLK SS Technology Select Sector | 0.14% | 3,145 | $599K | Add +82.2% |
| ROP Roper Technologies Inc. | 0.14% | 1,678 | $568K | Reduce -13.6% |
| CP Canadian Pacific Kansas City | 0.13% | 6,443 | $558K | Reduce -3.3% |
| LLY Eli Lilly & Co. | 0.13% | 452 | $542K | No change |
| ABBV Abbvie Inc. | 0.13% | 2,140 | $538K | Add +0.1% |
| GEV GE Vernova Inc. | 0.12% | 435 | $511K | Add +3.6% |
| CSCO Cisco Systems Inc. | 0.12% | 4,236 | $498K | Reduce -4.0% |
| HLT Hilton Worldwide Holdings Inc. | 0.11% | 1,431 | $473K | Reduce -0.9% |
| AMGN Amgen Inc. | 0.11% | 1,297 | $470K | No change |
| SJNK SS SPDR BB St Hi Yield ETF | 0.11% | 18,419 | $461K | Add +5.1% |
| LMT Lockheed Martin Corp. | 0.11% | 874 | $445K | No change |
| NFLX Netflix Inc. | 0.10% | 6,168 | $440K | No change |
| ACN Accenture PLC Class A | 0.10% | 3,383 | $421K | Reduce -22.0% |
| CVS CVS Health Corp. | 0.10% | 4,042 | $418K | Reduce -1.0% |
| WM Waste Management Inc. | 0.10% | 1,861 | $415K | Add +17.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.10% | 4,183 | $404K | Reduce -0.0% |
| OGE Oge Energy Corp. | 0.09% | 7,889 | $384K | No change |
| CMI Cummins Inc. | 0.09% | 532 | $379K | No change |
| IWX iShares Russell Top 200 Valu | 0.09% | 3,606 | $379K | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.09% | 3,109 | $370K | Add +12.9% |
| DCI Donaldson Co. Inc. | 0.08% | 3,736 | $335K | No change |
| ADBE Adobe Inc. | 0.08% | 1,594 | $327K | Reduce -20.2% |
| CTAS Cintas Corp. | 0.08% | 1,883 | $320K | Reduce -10.5% |
| AMD Advanced Micro Devices | 0.08% | 551 | $320K | Add +1.9% |
| MUB iShares National Muni Bond E | 0.08% | 2,959 | $318K | Add +5.9% |
Portfolio Sells Q1 2026 → Q2 2026
| SCHX Schwab US Large-Cap ETF | Reduce -5.7% | 8.83% | −1.13 |
| SCHF Schwab Intl Equity ETF | Reduce -1.7% | 7.86% | −0.87 |
| SCHG Schwab US Large-Cap Growth | Reduce -5.3% | 7.39% | −0.81 |
| SCHV Schwab US Large-Cap Value | Reduce -1.2% | 9.79% | −0.81 |
| CONSTELLATION SOF 40 WTFWARRAN | Sold out | 0.00% | −0.50 |
| SLB SLB Ltd. | Reduce -10.7% | 0.82% | −0.42 |
| JPM JPMorgan Chase & Co. | Reduce -2.6% | 3.11% | −0.40 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -1.9% | 2.33% | −0.31 |
| UBER Uber Technologies Inc. | Reduce -1.5% | 1.10% | −0.26 |
| ACN Accenture PLC Class A | Reduce -22.0% | 0.10% | −0.15 |
| AAPL Apple Inc. | Reduce -3.2% | 5.47% | −0.15 |
| PEP Pepsico Inc. | Reduce -2.1% | 0.31% | −0.14 |
| BX Blackstone Inc. | Reduce -3.4% | 0.52% | −0.12 |
| NVDA Nvidia Corp. | Reduce -0.7% | 1.56% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -1.5% | 1.19% | −0.10 |
| CVX Chevron Corp. | Reduce -9.4% | 0.14% | −0.10 |
| XOM Exxon Mobil Corp. | Reduce -2.8% | 0.17% | −0.09 |
| SYK Stryker Corp. | Reduce -0.3% | 0.31% | −0.09 |
| SCHH Schwab US REIT ETF | Reduce -1.4% | 0.70% | −0.09 |
| NTIC Northern Technologies Intl | Reduce -7.2% | 0.32% | −0.09 |
| MMM 3M Co. | Reduce -18.8% | 0.20% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.9% | 0.27% | −0.07 |
| ROP Roper Technologies Inc. | Reduce -13.6% | 0.14% | −0.06 |
| DHR Danaher Corp. | Reduce -4.8% | 0.23% | −0.06 |
| ADBE Adobe Inc. | Reduce -20.2% | 0.08% | −0.06 |
| MCO Moody's Corp. | Reduce -0.7% | 0.34% | −0.06 |
| ITW Illinois Tool Works | Reduce -1.1% | 0.32% | −0.06 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -27.0% | 0.33% | −0.06 |
| TSLA Tesla Inc. | Reduce -3.3% | 0.47% | −0.05 |
| SCHA Schwab US Small-Cap ETF | Reduce -4.9% | 1.60% | −0.05 |
| ADP Automatic Data Processing | Reduce -16.4% | 0.16% | −0.05 |
| IBDR iShares Ibonds Dec 2026 Term | Sold out | 0.00% | −0.05 |
| LIN Linde PLC | Sold out | 0.00% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -32.0% | 0.06% | −0.05 |
| DTE DTE Energy Company | Sold out | 0.00% | −0.05 |
| BFC Bank First Corp. | Sold out | 0.00% | −0.04 |
| AEIS Advanced Energy Industries | Sold out | 0.00% | −0.04 |
| ORCL Oracle Corp. | Reduce -2.5% | 0.17% | −0.04 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -7.1% | 0.18% | −0.04 |
| PSX Phillips 66 | Sold out | 0.00% | −0.04 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.04 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −0.04 |
| T AT&T Inc. | Sold out | 0.00% | −0.04 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.04 |
| MDU Mdu Resources Group Inc. | Sold out | 0.00% | −0.04 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.03 |
| USB US Bancorp | Sold out | 0.00% | −0.03 |
| GNTX Gentex Corp. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q1 2026 → Q2 2026
| SCHO Schwab Short-Term US Treas | New | 5.01% | +5.01 |
| SCHB Schwab US Broad Market ETF | New | 1.94% | +1.94 |
| VTIP Vanguard Short-Term Tips | New | 1.68% | +1.68 |
| JAAA Janus Henderson Aaa Clo ETF | Add +11916.2% | 1.63% | +1.62 |
| VMBS Vanguard Mortgage-Backed Sec | New | 0.75% | +0.75 |
| TCAF T Rowe PRC Cap Appreciation | Add +462.9% | 0.80% | +0.65 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.0% | 2.77% | +0.42 |
| SGOV iShares 0-3 Month Treasury B | New | 0.21% | +0.21 |
| UNH Unitedhealth Group Inc. | Add +81.7% | 0.20% | +0.11 |
| NXPI NXP Semiconductors NV | Add +0.4% | 0.61% | +0.09 |
| XLK SS Technology Select Sector | Add +82.2% | 0.14% | +0.08 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +24.2% | 0.50% | +0.06 |
| MOAT Vaneck Morningstar Wide Moat | Add +7651.7% | 0.06% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +278.7% | 0.07% | +0.05 |
| AMD Advanced Micro Devices | Add +1.9% | 0.08% | +0.04 |
| CGIC Cap Group Intl Core Eq | Add +32.3% | 0.18% | +0.03 |
| XLC SS Comm Select Sector SPDR | New | 0.03% | +0.03 |
| TLT iShares 20+ Year Treasury BD | New | 0.03% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +5.4% | 0.46% | +0.03 |
| ITOT iShares Core S&P Total U.S. | New | 0.03% | +0.03 |
| XLF SS Financial Select Sector | Add +749.6% | 0.03% | +0.02 |
| XLY SS Consumer Disc Select Sect | New | 0.02% | +0.02 |
| SOXX iShares Semiconductor ETF | New | 0.02% | +0.02 |
| IBDU iShares Ibonds Dec 2029 Term | Add +184.2% | 0.03% | +0.02 |
| GEV GE Vernova Inc. | Add +3.6% | 0.12% | +0.02 |
| XLV SS Health Care Select Sector | Add +402.1% | 0.02% | +0.01 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +172.6% | 0.02% | +0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +12.9% | 0.09% | +0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +148.3% | 0.02% | +0.01 |
| XLE SS Energy Select Sector | Add +209.5% | 0.01% | +0.01 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | New | 0.01% | +0.01 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +38.9% | 0.05% | +0.01 |
| IBDX iShares Ibonds Dec 2032 TC | Add +100.0% | 0.01% | +0.01 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +99.9% | 0.01% | +0.01 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +100.1% | 0.01% | +0.01 |
| MRK Merck & Co. Inc. | Add +25.1% | 0.06% | +0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Add +23.6% | 0.64% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +19.8% | 0.06% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +31.3% | 0.04% | +0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +0.1% | 0.03% | +0.00 |
| CMF iShares California Muni Bond | Add +20.7% | 0.01% | 0.00 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +2.6% | 0.00% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +20.6% | 0.01% | −0.00 |
| CCEP Coca-Cola Europacific Partne | Add +9.5% | 0.06% | −0.00 |
| SPEM State Street SP PTF Em ETF | Add +2.0% | 0.02% | −0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +1.4% | 0.02% | −0.00 |
| EAGG iShares ESG Aware US Aggrega | Add +2.9% | 0.01% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Add +4.2% | 0.03% | −0.00 |
| SLYV SS SPDR S&P 600 SC Val ETF | Add +0.2% | 0.07% | −0.00 |
| SCHP Schwab U.S. Tips ETF | Add +12.1% | 0.04% | −0.00 |
Notes & Other Activity Q1 2026 → Q2 2026
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Sold out | 101 | $4Kbefore exit |
| MNST Monster Beverage Corp. | COM | Sold out | 0 | $21before exit |
| KDP Keurig Dr Pepper Inc. | COM | Sold out | 0 | $12before exit |
| TQQQ Proshares Ultrapro QQQ | ULTRAPRO QQQ | Sold out | 0 | $2before exit |
| VST Vistra Corp. | COM | Sold out | 0 | $1before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 197 | $419.7M | SCHV, SCHX, SCHF, SCHG, AAPL |
| Q1 2026Amended | 395 | $343.6M | SCHV, SCHX, SCHF, SCHG, AGG |
| Q4 2025 | 175 | $362.5M | SCHX, SCHV, SCHF, SCHG, AAPL |
| Q3 2025 | 180 | $363.1M | SCHX, SCHV, SCHG, SCHF, AAPL |
| Q2 2025 | 168 | $339.4M | SCHX, SCHV, SCHF, SCHG, AGG |
| Q1 2025 | 164 | $313.8M | SCHV, SCHX, SCHF, SCHG, AAPL |
| Q4 2024 | 161 | $324.5M | SCHX, SCHV, SCHG, AAPL, SCHF |
| Q3 2024 | 163 | $323.6M | SCHV, SCHX, SCHF, SCHG, AAPL |
| Q2 2024 | 163 | $315.1M | SCHX, SCHV, SCHF, SCHG, AAPL |
| Q1 2024 | 172 | $296.7M | SCHV, SCHX, SCHF, SCHG, AAPL |