Ballast Advisors LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 26, 2024), Ballast Advisors LLC reported 163 stock positions worth $315.1 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 9.3% of the portfolio, followed by Schwab US Large-Cap Value (SCHV, 9.0%) and Schwab Intl Equity ETF (SCHF, 8.2%). Compared with Q1 2024, it opened 2 new positions, sold out of 11, added to 61 and reduced 55. The biggest buy was Schwab Short-Term US Treas (SCHO, shares +108%) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- WOODBURY, MN
- CIK
- 0001803415
- Portfolio Value
- $315.1M (Q2 2024)
- SEC Filing
- 0001398344-24-013153 ↗ filed Jul 26, 2024
Holdings Value
Holdings 163 stocks · $315.1M
| SCHX Schwab US Large-Cap ETF | 9.32% | 456,934 | $29.4M | Reduce -1.5% |
| SCHV Schwab US Large-Cap Value | 8.97% | 381,549 | $28.3M | Add +0.6% |
| SCHF Schwab Intl Equity ETF | 8.19% | 671,975 | $25.8M | Add +2.3% |
| SCHG Schwab US Large-Cap Growth | 8.01% | 250,286 | $25.2M | Reduce -2.1% |
| AAPL Apple Inc. | 7.68% | 114,930 | $24.2M | Add +1.0% |
| AGG iShares Core U.S. Aggregate | 5.63% | 182,808 | $17.7M | Add +2.5% |
| MSFT Microsoft Corp. | 3.95% | 27,874 | $12.5M | Add +3.0% |
| SCHO Schwab Short-Term US Treas | 3.84% | 251,532 | $12.1M | Add +107.7% |
| JPM JPMorgan Chase & Co. | 3.21% | 49,975 | $10.1M | Reduce -2.8% |
| EPD Enterprise Products Partners | 2.82% | 306,956 | $8.9M | Reduce 0.0% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 2.28% | 270,281 | $7.2M | Add +2.8% |
| UBER Uber Technologies Inc. | 1.89% | 81,907 | $6.0M | Reduce -2.7% |
| SCHB Schwab US Broad Market ETF | 1.88% | 94,262 | $5.9M | Reduce -0.1% |
| NVDA Nvidia Corp. | 1.48% | 37,730 | $4.7M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.44% | 11,161 | $4.5M | Add +3.8% |
| SCHA Schwab US Small-Cap ETF | 1.38% | 91,386 | $4.3M | Add +4.5% |
| AMZN Amazon.com Inc. | 1.27% | 20,681 | $4.0M | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 1.00% | 17,314 | $3.2M | Add +0.8% |
| NTIC Northern Technologies Intl | 0.90% | 171,047 | $2.8M | Reduce -10.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.83% | 15,137 | $2.6M | Add +6.2% |
| BX Blackstone Inc. | 0.79% | 20,182 | $2.5M | Reduce -3.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.78% | 17,244 | $2.5M | Add +5.3% |
| V Visa Inc. Class A | 0.65% | 7,784 | $2.0M | Add +1.0% |
| SCHZ Schwab US Aggregate Bond ETF | 0.62% | 42,792 | $2.0M | Add +4.4% |
| NXPI NXP Semiconductors NV | 0.62% | 7,233 | $1.9M | Add +7.6% |
| SCHH Schwab US REIT ETF | 0.61% | 96,310 | $1.9M | Add +4.6% |
| META Meta Platforms Inc. Class A | 0.60% | 3,780 | $1.9M | Add +3.3% |
| IWM iShares Russell 2000 ETF | 0.60% | 9,308 | $1.9M | Reduce -3.2% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.58% | 28,808 | $1.8M | Add +5.0% |
| COST Costco Wholesale Corp. | 0.57% | 2,130 | $1.8M | Add +4.3% |
| ECL Ecolab Inc. | 0.57% | 7,508 | $1.8M | Add +114.2% |
| ACN Accenture PLC Class A | 0.48% | 4,991 | $1.5M | Add +6.4% |
| GOOG Alphabet Inc. Class C | 0.46% | 7,931 | $1.5M | Reduce -4.0% |
| IVV iShares Core S&P 500 ETF | 0.44% | 2,561 | $1.4M | Reduce -4.3% |
| CMG Chipotle Mexican Grill Inc. | 0.44% | 22,230 | $1.4M | Add +1.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.43% | 38,675 | $1.4M | Reduce -1.6% |
| IWF iShares Russell 1000 Growth | 0.42% | 3,671 | $1.3M | Reduce -0.0% |
| JNJ Johnson & Johnson | 0.40% | 8,632 | $1.3M | Add +0.8% |
| PEP Pepsico Inc. | 0.40% | 7,613 | $1.3M | Add +2.0% |
| XLRE SS Real Estate Select Sector | 0.39% | 32,218 | $1.2M | Add +6.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 2,258 | $1.2M | Reduce -4.8% |
| TSLA Tesla Inc. | 0.37% | 5,888 | $1.2M | Add +18.2% |
| KO The Coca-Cola Co. | 0.34% | 17,037 | $1.1M | Add +0.1% |
| CVX Chevron Corp. | 0.34% | 6,885 | $1.1M | Reduce -0.9% |
| SYK Stryker Corp. | 0.33% | 3,013 | $1.0M | Add +3.5% |
| ADBE Adobe Inc. | 0.32% | 1,836 | $1.0M | Add +10.9% |
| MCO Moody's Corp. | 0.32% | 2,400 | $1.0M | Add +7.2% |
| TMO Thermo Fisher Scientific Inc. | 0.30% | 1,716 | $949K | Add +3.8% |
| CAT Caterpillar Inc. | 0.30% | 2,811 | $936K | Reduce -1.4% |
| DHR Danaher Corp. | 0.29% | 3,701 | $925K | Add +6.9% |
| ROP Roper Technologies Inc. | 0.29% | 1,635 | $922K | Add +5.3% |
| ADP Automatic Data Processing | 0.29% | 3,790 | $905K | Add +9.0% |
| ITW Illinois Tool Works | 0.27% | 3,642 | $863K | Add +8.8% |
| ORCL Oracle Corp. | 0.26% | 5,766 | $814K | Reduce -0.2% |
| CP Canadian Pacific Kansas City | 0.25% | 10,035 | $790K | Add +5.8% |
| XOM Exxon Mobil Corp. | 0.23% | 6,419 | $739K | Add +0.1% |
| BNDX Vanguard Total Intl Bond ETF | 0.22% | 14,265 | $694K | Add +5.2% |
| MMM 3M Co. | 0.21% | 6,562 | $671K | Reduce -4.0% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.21% | 61,790 | $667K | No change |
| UNH Unitedhealth Group Inc. | 0.21% | 1,288 | $656K | Reduce -10.5% |
| FAST Fastenal Co. | 0.21% | 10,419 | $655K | No change |
| PG The Procter & Gamble Co. | 0.20% | 3,903 | $644K | Reduce -0.1% |
| HD Home Depot Inc. | 0.20% | 1,865 | $642K | Reduce -0.1% |
| IWY iShares Russell Top 200 Grow | 0.20% | 2,969 | $637K | Add +2.6% |
| MUB iShares National Muni Bond E | 0.20% | 5,909 | $630K | Add +6.1% |
| AXP American Express Co. | 0.18% | 2,495 | $578K | Add +4.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.17% | 1,458 | $545K | Reduce -2.0% |
| HON Honeywell International Inc. | 0.16% | 2,349 | $502K | Reduce -2.0% |
| MAR Marriott International Class A | 0.15% | 2,007 | $485K | Reduce -24.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.15% | 5,986 | $480K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.15% | 2,773 | $480K | Reduce -3.1% |
| LMT Lockheed Martin Corp. | 0.15% | 1,014 | $474K | Add +1.6% |
| ABBV Abbvie Inc. | 0.15% | 2,721 | $467K | Add +6.7% |
| CTAS Cintas Corp. | 0.15% | 658 | $461K | Add +8.2% |
| AMGN Amgen Inc. | 0.14% | 1,460 | $456K | Reduce -8.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.14% | 5,537 | $452K | Reduce -11.7% |
| WMT Walmart Inc. | 0.14% | 6,496 | $440K | Reduce -3.3% |
| TLT iShares 20+ Year Treasury BD | 0.14% | 4,706 | $432K | Add +6.5% |
| CMI Cummins Inc. | 0.14% | 1,557 | $431K | No change |
| MDT Medtronic PLC | 0.14% | 5,461 | $430K | Reduce -0.0% |
| NFLX Netflix Inc. | 0.13% | 610 | $412K | No change |
| LLY Eli Lilly & Co. | 0.13% | 452 | $409K | Reduce -0.2% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.13% | 16,177 | $404K | Add +3.8% |
| HLT Hilton Worldwide Holdings Inc. | 0.12% | 1,755 | $383K | Add +14.7% |
| SUB iShares Short-Term National | 0.11% | 3,464 | $362K | Reduce -5.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.11% | 4,669 | $339K | Add +5.4% |
| MRK Merck & Co. Inc. | 0.11% | 2,737 | $339K | Add +17.1% |
| SBUX Starbucks Corp. | 0.11% | 4,322 | $336K | Reduce -18.6% |
| GE General Electric filed as GE AEROSPACE | 0.11% | 2,084 | $331K | Add +7.6% |
| IJR iShares Core S&P Small-Cap E | 0.10% | 3,018 | $322K | Reduce -25.6% |
| WM Waste Management Inc. | 0.10% | 1,467 | $313K | Reduce -12.9% |
| APOG Apogee Enterprises Inc. | 0.09% | 4,667 | $293K | No change |
| MCD McDonald's Corp. | 0.09% | 1,125 | $287K | No change |
| OGE Oge Energy Corp. | 0.09% | 7,889 | $282K | No change |
| IWX iShares Russell Top 200 Valu | 0.09% | 3,606 | $270K | No change |
| DCI Donaldson Co. Inc. | 0.08% | 3,736 | $267K | Reduce -9.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.08% | 2,415 | $266K | Reduce -0.1% |
| LIN Linde PLC | 0.08% | 600 | $263K | No change |
| LRCX Lam Research Corp. | 0.08% | 238 | $253K | No change |
| CVS CVS Health Corp. | 0.08% | 4,268 | $252K | Add +0.1% |
Portfolio Sells Q1 2024 → Q2 2024
| SCHX Schwab US Large-Cap ETF | Reduce -1.5% | 9.32% | −0.38 |
| UBER Uber Technologies Inc. | Reduce -2.7% | 1.89% | −0.29 |
| JPM JPMorgan Chase & Co. | Reduce -2.8% | 3.21% | −0.26 |
| EPD Enterprise Products Partners | Reduce 0.0% | 2.82% | −0.20 |
| BX Blackstone Inc. | Reduce -3.9% | 0.79% | −0.14 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.13 |
| IWM iShares Russell 2000 ETF | Reduce -3.2% | 0.60% | −0.08 |
| MAR Marriott International Class A | Reduce -24.1% | 0.15% | −0.07 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.07 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.07 |
| SCHB Schwab US Broad Market ETF | Reduce -0.1% | 1.88% | −0.06 |
| SBUX Starbucks Corp. | Reduce -18.6% | 0.11% | −0.06 |
| CAT Caterpillar Inc. | Reduce -1.4% | 0.30% | −0.05 |
| IJR iShares Core S&P Small-Cap E | Reduce -25.6% | 0.10% | −0.05 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -1.6% | 0.43% | −0.04 |
| HD Home Depot Inc. | Reduce -0.1% | 0.20% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -3.1% | 0.15% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -10.5% | 0.21% | −0.03 |
| MMM 3M Co. | Reduce -4.0% | 0.21% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -4.3% | 0.44% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -11.7% | 0.14% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.8% | 0.39% | −0.03 |
| CVX Chevron Corp. | Reduce -0.9% | 0.34% | −0.03 |
| MDT Medtronic PLC | Reduce -0.0% | 0.14% | −0.02 |
| WM Waste Management Inc. | Reduce -12.9% | 0.10% | −0.02 |
| DCI Donaldson Co. Inc. | Reduce -9.2% | 0.08% | −0.02 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -10.2% | 0.07% | −0.02 |
| XEL Xcel Energy Inc. | Reduce -11.4% | 0.08% | −0.02 |
| SUB iShares Short-Term National | Reduce -5.9% | 0.11% | −0.01 |
| UNP Union Pacific Corp. | Reduce -0.1% | 0.07% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -7.4% | 0.05% | −0.01 |
| IEF iShares 7-10 Year Treasury B | Reduce -14.4% | 0.04% | −0.01 |
| SCHM Schwab US Mid Cap ETF | Reduce -2.5% | 0.07% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 0.20% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -12.2% | 0.06% | −0.01 |
| AMGN Amgen Inc. | Reduce -8.4% | 0.14% | −0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -14.5% | 0.03% | −0.01 |
| HON Honeywell International Inc. | Reduce -2.0% | 0.16% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -75.8% | 0.00% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -9.1% | 0.03% | −0.01 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -2.4% | 0.05% | −0.00 |
| BAC Bank of America Corp. | Reduce -5.2% | 0.07% | −0.00 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -24.7% | 0.01% | −0.00 |
| IJT iShares S&P Small-Cap 600 GR | Sold out | 0.00% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -33.8% | 0.01% | −0.00 |
| IVW iShares S&P 500 Growth ETF | Reduce -16.0% | 0.03% | −0.00 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -15.0% | 0.01% | −0.00 |
| TIP iShares Tips Bond ETF | Reduce -0.2% | 0.05% | −0.00 |
| IMTM iShares MSCI Intl Momentum F | Sold out | 0.00% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| SCHO Schwab Short-Term US Treas | Add +107.7% | 3.84% | +1.87 |
| AAPL Apple Inc. | Add +1.0% | 7.68% | +1.11 |
| NVDA Nvidia Corp. | Add +0.3% | 1.48% | +0.33 |
| ECL Ecolab Inc. | Add +114.2% | 0.57% | +0.29 |
| TSM Taiwan Semiconductor-SP ADR | Add +6.2% | 0.83% | +0.18 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 1.00% | +0.13 |
| MSFT Microsoft Corp. | Add +3.0% | 3.95% | +0.12 |
| TSLA Tesla Inc. | Add +18.2% | 0.37% | +0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +5.3% | 0.78% | +0.07 |
| COST Costco Wholesale Corp. | Add +4.3% | 0.57% | +0.07 |
| INTC Intel Corp. | New | 0.07% | +0.07 |
| PM Philip Morris International | New | 0.07% | +0.07 |
| NXPI NXP Semiconductors NV | Add +7.6% | 0.62% | +0.06 |
| ADBE Adobe Inc. | Add +10.9% | 0.32% | +0.04 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +2.8% | 2.28% | +0.04 |
| MCO Moody's Corp. | Add +7.2% | 0.32% | +0.02 |
| AMZN Amazon.com Inc. | Add +1.0% | 1.27% | +0.02 |
| IBDP iShares Ibonds Dec 2024 Term | Add +49.4% | 0.04% | +0.01 |
| CMG Chipotle Mexican Grill Inc. | Add +1.3% | 0.44% | +0.01 |
| IWY iShares Russell Top 200 Grow | Add +2.6% | 0.20% | +0.01 |
| HLT Hilton Worldwide Holdings Inc. | Add +14.7% | 0.12% | +0.01 |
| META Meta Platforms Inc. Class A | Add +3.3% | 0.60% | +0.01 |
| CTAS Cintas Corp. | Add +8.2% | 0.15% | +0.01 |
| MRK Merck & Co. Inc. | Add +17.1% | 0.11% | +0.00 |
| DHR Danaher Corp. | Add +6.9% | 0.29% | +0.00 |
| AXP American Express Co. | Add +4.8% | 0.18% | +0.00 |
| ROP Roper Technologies Inc. | Add +5.3% | 0.29% | −0.00 |
| SCHP Schwab U.S. Tips ETF | Add +4.1% | 0.04% | −0.00 |
| MUB iShares National Muni Bond E | Add +6.1% | 0.20% | −0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +0.1% | 0.03% | −0.00 |
| LMT Lockheed Martin Corp. | Add +1.6% | 0.15% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +5.4% | 0.11% | −0.00 |
| IWP iShares Russell Mid-Cap Grow | Add +1.4% | 0.04% | −0.00 |
| IWR iShares Russell Mid-Cap ETF | Add +3.6% | 0.05% | −0.00 |
| VNQ Vanguard Real Estate ETF | Add +2.9% | 0.06% | −0.00 |
| TLT iShares 20+ Year Treasury BD | Add +6.5% | 0.14% | −0.00 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +3.8% | 0.13% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Add +5.2% | 0.22% | −0.00 |
| ADP Automatic Data Processing | Add +9.0% | 0.29% | −0.01 |
| KO The Coca-Cola Co. | Add +0.1% | 0.34% | −0.01 |
| ABBV Abbvie Inc. | Add +6.7% | 0.15% | −0.01 |
| CSCO Cisco Systems Inc. | Add +0.2% | 0.08% | −0.01 |
| GE General Electric | Add +7.6% | 0.11% | −0.01 |
| XLRE SS Real Estate Select Sector | Add +6.7% | 0.39% | −0.01 |
| ABT Abbott Laboratories | Add +2.3% | 0.07% | −0.01 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +5.0% | 0.58% | −0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Add +4.4% | 0.62% | −0.02 |
| XOM Exxon Mobil Corp. | Add +0.1% | 0.23% | −0.02 |
| SCHH Schwab US REIT ETF | Add +4.6% | 0.61% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +3.8% | 0.30% | −0.02 |
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 |