Ballast Advisors LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed June 23, 2026), Ballast Advisors LLC reported 395 stock positions worth $343.6 million. Its top holding was Schwab US Large-Cap Value (SCHV) at 10.6% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 10.0%) and Schwab Intl Equity ETF (SCHF, 8.7%). Compared with Q4 2025, it opened 228 new positions, sold out of 8, added to 49 and reduced 67. The biggest buy was Schwab US Large-Cap Value (SCHV, shares +5%) and the biggest sale an exit from Schwab Short-Term US Treas (SCHO).
- Most Recent 13F
- Q2 2026
- Location
- WOODBURY, MN
- CIK
- 0001803415
- Portfolio Value
- $343.6M (Q1 2026)
- SEC Filing
- 0001803415-26-000003 ↗ filed Jun 23, 2026
Holdings Value
Holdings 395 stocks · $343.6M
| SCHV Schwab US Large-Cap Value | 10.60% | 1,194,193 | $36.4M | Add +5.2% |
| SCHX Schwab US Large-Cap ETF | 9.96% | 1,335,277 | $34.2M | Add +5.0% |
| SCHF Schwab Intl Equity ETF | 8.73% | 1,212,048 | $30.0M | Reduce -0.9% |
| SCHG Schwab US Large-Cap Growth | 8.20% | 967,635 | $28.2M | Add +10.6% |
| AGG iShares Core U.S. Aggregate | 5.76% | 199,428 | $19.8M | Reduce -4.9% |
| AAPL Apple Inc. | 5.62% | 81,980 | $19.3M | Reduce -1.8% |
| JPM JPMorgan Chase & Co. | 3.51% | 40,967 | $12.1M | Add +0.3% |
| EPD Enterprise Products Partners | 3.42% | 310,519 | $11.8M | Add +0.5% |
| MSFT Microsoft Corp. | 2.79% | 25,929 | $9.6M | Add +1.7% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 2.63% | 274,403 | $9.0M | Add +2.1% |
| TSM Taiwan Semiconductor-SP ADR | 2.35% | 23,886 | $8.1M | Add +2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.72% | 12,343 | $5.9M | Add +2.8% |
| NVDA Nvidia Corp. | 1.68% | 33,014 | $5.8M | Add +0.2% |
| SCHA Schwab US Small-Cap ETF | 1.65% | 195,171 | $5.7M | Add +5.6% |
| UBER Uber Technologies Inc. | 1.36% | 64,899 | $4.7M | Add +0.6% |
| AMZN Amazon.com Inc. | 1.29% | 21,281 | $4.4M | Add +4.1% |
| SLB SLB Ltd. filed as SLB LIMITED | 1.24% | 82,603 | $4.2M | Add +2.3% |
| GOOGL Alphabet Inc. Class A | 1.22% | 14,566 | $4.2M | Add +5.3% |
| SCHH Schwab US REIT ETF | 0.79% | 125,904 | $2.7M | Add +9.3% |
| V Visa Inc. Class A | 0.76% | 8,628 | $2.6M | Add +1.9% |
| COST Costco Wholesale Corp. | 0.69% | 2,369 | $2.4M | Add +0.3% |
| META Meta Platforms Inc. Class A | 0.66% | 3,934 | $2.3M | Add +1.6% |
| BX Blackstone Inc. | 0.64% | 19,040 | $2.2M | Reduce -0.9% |
| SCHZ Schwab US Aggregate Bond ETF | 0.63% | 93,220 | $2.2M | Reduce -3.9% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.62% | 32,401 | $2.1M | Reduce -2.2% |
| IWM iShares Russell 2000 ETF | 0.60% | 8,308 | $2.1M | Reduce -1.9% |
| TSLA Tesla Inc. | 0.52% | 4,817 | $1.8M | Reduce -1.4% |
| NXPI NXP Semiconductors NV | 0.52% | 9,078 | $1.8M | Add +0.7% |
| XLRE SS Real Estate Select Sector | 0.52% | 43,705 | $1.8M | Add +6.6% |
| ECL Ecolab Inc. | 0.50% | 6,473 | $1.7M | Reduce -5.0% |
| CONSTELLATION SOF 40 WTFWARRAN | 0.50% | 976 | $1.7M | New |
| PEP Pepsico Inc. | 0.45% | 9,964 | $1.5M | Add +9.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.45% | 33,815 | $1.5M | Reduce -2.9% |
| GOOG Alphabet Inc. Class C | 0.43% | 5,157 | $1.5M | Add +0.2% |
| NTIC Northern Technologies Intl | 0.41% | 171,047 | $1.4M | No change |
| IWF iShares Russell 1000 Growth | 0.41% | 3,301 | $1.4M | Reduce -2.3% |
| SYK Stryker Corp. | 0.40% | 4,185 | $1.4M | Add +2.5% |
| MCO Moody's Corp. | 0.40% | 3,134 | $1.4M | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 0.39% | 2,566 | $1.3M | Add +33.0% |
| ITW Illinois Tool Works | 0.38% | 5,059 | $1.3M | Reduce -1.0% |
| KO The Coca-Cola Co. | 0.36% | 16,454 | $1.3M | Reduce -3.6% |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 2,354 | $1.2M | Reduce -0.6% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.31% | 63,069 | $1.1M | Reduce -0.3% |
| DHR Danaher Corp. | 0.30% | 5,395 | $1.0M | Add +2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 1,534 | $998K | Reduce -9.6% |
| MMM 3M Co. | 0.27% | 6,358 | $923K | Reduce -5.1% |
| XOM Exxon Mobil Corp. | 0.26% | 5,356 | $909K | Reduce -6.5% |
| JNJ Johnson & Johnson | 0.26% | 3,598 | $879K | Add +1.2% |
| ACN Accenture PLC Class A | 0.25% | 4,336 | $860K | Reduce -16.4% |
| CVX Chevron Corp. | 0.24% | 4,049 | $838K | Reduce -0.6% |
| WMT Walmart Inc. | 0.24% | 6,559 | $815K | Reduce -1.7% |
| BNDX Vanguard Total Intl Bond ETF | 0.24% | 16,855 | $810K | Add +1.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.23% | 21,548 | $792K | Add +0.9% |
| CMG Chipotle Mexican Grill Inc. | 0.22% | 23,411 | $749K | Reduce -7.5% |
| ADP Automatic Data Processing | 0.22% | 3,682 | $748K | Reduce -9.0% |
| MAR Marriott International Class A | 0.22% | 2,279 | $745K | Add +2.6% |
| IWY iShares Russell Top 200 Grow | 0.21% | 2,969 | $739K | No change |
| FAST Fastenal Co. | 0.21% | 15,664 | $727K | Reduce -6.5% |
| ORCL Oracle Corp. | 0.21% | 4,896 | $720K | Add +3.6% |
| HD Home Depot Inc. | 0.21% | 2,149 | $707K | Reduce -2.2% |
| GE General Electric filed as GE AEROSPACE | 0.20% | 2,445 | $694K | Add +9.4% |
| ROP Roper Technologies Inc. | 0.20% | 1,942 | $687K | Reduce -5.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.19% | 1,475 | $644K | No change |
| NFLX Netflix Inc. | 0.17% | 6,168 | $593K | Reduce -0.0% |
| AXP American Express Co. | 0.17% | 1,926 | $583K | Reduce -1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.16% | 2,290 | $555K | Reduce -7.2% |
| LMT Lockheed Martin Corp. | 0.15% | 874 | $528K | Add +1.2% |
| CP Canadian Pacific Kansas City | 0.15% | 6,662 | $524K | Reduce -5.9% |
| TCAF T Rowe PRC Cap Appreciation | 0.15% | 14,497 | $516K | New |
| CGIC Cap Group Intl Core Eq filed as CAPITAL GROUP INTERNATIONAL | 0.15% | 15,382 | $509K | New |
| ADBE Adobe Inc. | 0.14% | 1,998 | $486K | Reduce -8.1% |
| CAT Caterpillar Inc. | 0.14% | 676 | $479K | Reduce -4.1% |
| ABBV Abbvie Inc. | 0.14% | 2,139 | $465K | Reduce -1.1% |
| AMGN Amgen Inc. | 0.13% | 1,297 | $456K | Reduce -2.0% |
| HLT Hilton Worldwide Holdings Inc. | 0.13% | 1,444 | $439K | Reduce -7.7% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.13% | 17,525 | $438K | Add +0.3% |
| LLY Eli Lilly & Co. | 0.12% | 452 | $416K | Reduce -0.4% |
| LRCX Lam Research Corp. | 0.11% | 1,825 | $390K | Reduce -5.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.11% | 4,184 | $379K | No change |
| OGE Oge Energy Corp. | 0.11% | 7,889 | $378K | No change |
| GEV GE Vernova Inc. | 0.11% | 420 | $367K | Add +3.7% |
| WM Waste Management Inc. | 0.11% | 1,579 | $363K | No change |
| PG The Procter & Gamble Co. | 0.10% | 2,489 | $360K | Reduce -26.8% |
| CTAS Cintas Corp. | 0.10% | 2,103 | $356K | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 0.10% | 4,412 | $342K | Add +0.3% |
| AMAT Applied Materials Inc. | 0.10% | 982 | $336K | No change |
| IWX iShares Russell Top 200 Valu | 0.10% | 3,606 | $334K | No change |
| DCI Donaldson Co. Inc. | 0.09% | 3,736 | $317K | No change |
| SUB iShares Short-Term National | 0.09% | 2,949 | $314K | Reduce -4.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.09% | 1,953 | $312K | Reduce -21.0% |
| UNH Unitedhealth Group Inc. | 0.09% | 1,114 | $301K | Reduce -2.5% |
| MUB iShares National Muni Bond E | 0.09% | 2,793 | $296K | Reduce -9.2% |
| CVS CVS Health Corp. | 0.09% | 4,083 | $293K | Add +1.0% |
| XEL Xcel Energy Inc. | 0.08% | 3,634 | $289K | Reduce -10.6% |
| CMI Cummins Inc. | 0.08% | 532 | $286K | Reduce -8.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.08% | 5,715 | $279K | Add +4.1% |
| SHOP Shopify Inc. Class A | 0.08% | 2,322 | $275K | No change |
| RTX RTX Corp. | 0.08% | 1,412 | $272K | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.08% | 2,753 | $270K | Reduce -0.8% |
| SBUX Starbucks Corp. | 0.08% | 2,989 | $268K | Reduce -8.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 101 | $4K | New |
Lines left out (4) · $36 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| MNST Monster Beverage Corp. | COM | 0 | $21 |
| KDP Keurig Dr Pepper Inc. | COM | 0 | $12 |
| TQQQ Proshares Ultrapro QQQ | ULTRAPRO QQQ | 0 | $2 |
| VST Vistra Corp. | COM | 0 | $1 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $343.6M.
Portfolio Sells Q4 2025 → Q1 2026
| SCHO Schwab Short-Term US Treas | Sold out | 0.00% | −4.37 |
| SCHB Schwab US Broad Market ETF | Sold out | 0.00% | −1.92 |
| AAPL Apple Inc. | Reduce -1.8% | 5.62% | −0.64 |
| MDT Medtronic PLC | Reduce -89.7% | 0.02% | −0.22 |
| BX Blackstone Inc. | Reduce -0.9% | 0.64% | −0.18 |
| ACN Accenture PLC Class A | Reduce -16.4% | 0.25% | −0.13 |
| TSLA Tesla Inc. | Reduce -1.4% | 0.52% | −0.08 |
| HON Honeywell International Inc. | Reduce -69.3% | 0.04% | −0.07 |
| ADP Automatic Data Processing | Reduce -9.0% | 0.22% | −0.07 |
| ADBE Adobe Inc. | Reduce -8.1% | 0.14% | −0.07 |
| ROP Roper Technologies Inc. | Reduce -5.6% | 0.20% | −0.05 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.6% | 0.34% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -7.5% | 0.22% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -7.2% | 0.16% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -2.3% | 0.41% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -26.8% | 0.10% | −0.03 |
| AXP American Express Co. | Reduce -1.3% | 0.17% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.6% | 0.29% | −0.03 |
| MMM 3M Co. | Reduce -5.1% | 0.27% | −0.03 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -7.3% | 0.06% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -4.9% | 5.76% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -2.5% | 0.09% | −0.02 |
| AIZ Assurant Inc. | Reduce -20.2% | 0.05% | −0.02 |
| TJX TJX Companies Inc. | Reduce -21.0% | 0.09% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -0.4% | 0.12% | −0.01 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Sold out | 0.00% | −0.01 |
| CTAS Cintas Corp. | Reduce -0.8% | 0.10% | −0.01 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -41.4% | 0.01% | −0.00 |
| MUB iShares National Muni Bond E | Reduce -9.2% | 0.09% | −0.00 |
| XLK SS Technology Select Sector | Reduce -3.1% | 0.07% | −0.00 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.8% | 0.08% | −0.00 |
| IVW iShares S&P 500 Growth ETF | Reduce -7.6% | 0.03% | −0.00 |
| HD Home Depot Inc. | Reduce -2.2% | 0.21% | −0.00 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -7.6% | 0.03% | −0.00 |
| XLF SS Financial Select Sector | Reduce -23.0% | 0.00% | −0.00 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -33.3% | 0.00% | −0.00 |
| ABBV Abbvie Inc. | Reduce -1.1% | 0.14% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.5% | 0.03% | −0.00 |
| ITA iShares U.S. Aerospace & Def | Sold out | 0.00% | −0.00 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.00 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.00 |
| SCHM Schwab US Mid Cap ETF | Reduce -8.3% | 0.06% | −0.00 |
| SCHR Schwab Intermediate-Term US | Reduce -6.3% | 0.00% | −0.00 |
| SUB iShares Short-Term National | Reduce -4.7% | 0.09% | +0.00 |
| SCHP Schwab U.S. Tips ETF | Reduce -4.0% | 0.05% | +0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -3.6% | 0.06% | +0.00 |
| XEL Xcel Energy Inc. | Reduce -10.6% | 0.08% | +0.00 |
| CMI Cummins Inc. | Reduce -8.6% | 0.08% | +0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| SCHV Schwab US Large-Cap Value | Add +5.2% | 10.60% | +1.32 |
| EPD Enterprise Products Partners | Add +0.5% | 3.42% | +0.69 |
| SCHX Schwab US Large-Cap ETF | Add +5.0% | 9.96% | +0.52 |
| CONSTELLATION SOF 40 WTFWARRAN | New | 0.50% | +0.50 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.6% | 2.35% | +0.40 |
| SLB SLB Ltd. | Add +2.3% | 1.24% | +0.38 |
| SCHG Schwab US Large-Cap Growth | Add +10.6% | 8.20% | +0.33 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +2.1% | 2.63% | +0.20 |
| SCHA Schwab US Small-Cap ETF | Add +5.6% | 1.65% | +0.20 |
| TCAF T Rowe PRC Cap Appreciation | New | 0.15% | +0.15 |
| CGIC Cap Group Intl Core Eq | New | 0.15% | +0.15 |
| COST Costco Wholesale Corp. | Add +0.3% | 0.69% | +0.13 |
| SCHH Schwab US REIT ETF | Add +9.3% | 0.79% | +0.12 |
| PEP Pepsico Inc. | Add +9.3% | 0.45% | +0.09 |
| XLRE SS Real Estate Select Sector | Add +6.6% | 0.52% | +0.06 |
| PM Philip Morris International | New | 0.06% | +0.06 |
| CCEP Coca-Cola Europacific Partne | New | 0.06% | +0.06 |
| MRK Merck & Co. Inc. | New | 0.06% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.8% | 1.72% | +0.06 |
| JNJ Johnson & Johnson | Add +1.2% | 0.26% | +0.05 |
| IBDR iShares Ibonds Dec 2026 Term | New | 0.05% | +0.05 |
| HPE Hewlett Packard Enterprise | New | 0.05% | +0.05 |
| LIN Linde PLC | New | 0.05% | +0.05 |
| APOG Apogee Enterprises Inc. | New | 0.05% | +0.05 |
| DTE DTE Energy Company | New | 0.05% | +0.05 |
| BFC Bank First Corp. | New | 0.04% | +0.04 |
| AEIS Advanced Energy Industries | New | 0.04% | +0.04 |
| PSX Phillips 66 | New | 0.04% | +0.04 |
| LOW Lowe's Cos Inc. | New | 0.04% | +0.04 |
| LMT Lockheed Martin Corp. | Add +1.2% | 0.15% | +0.04 |
| PNC PNC Financial Services Group | New | 0.04% | +0.04 |
| T AT&T Inc. | New | 0.04% | +0.04 |
| CDNS Cadence Design SYS Inc. | New | 0.04% | +0.04 |
| MDU Mdu Resources Group Inc. | New | 0.04% | +0.04 |
| AMT American Tower Corp. | New | 0.03% | +0.03 |
| GEV GE Vernova Inc. | Add +3.7% | 0.11% | +0.03 |
| USB US Bancorp | New | 0.03% | +0.03 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| GNTX Gentex Corp. | New | 0.03% | +0.03 |
| WFC Wells Fargo & Co. | New | 0.03% | +0.03 |
| F Ford Motor Co. | New | 0.03% | +0.03 |
| PHO Invesco Water Resources ETF | New | 0.03% | +0.03 |
| WPC WP Carey Inc. | New | 0.03% | +0.03 |
| PFE Pfizer Inc. | New | 0.03% | +0.03 |
| KNF Knife River Corp. | New | 0.03% | +0.03 |
| ET Energy Transfer LP | New | 0.03% | +0.03 |
| PKG Packaging Corp. of America | New | 0.03% | +0.03 |
| SNDA Sonida Senior Living Inc. | New | 0.03% | +0.03 |
| EMR Emerson Electric Co. | New | 0.03% | +0.03 |
| MAR Marriott International Class A | Add +2.6% | 0.22% | +0.03 |
Notes & Other Activity Q4 2025 → Q1 2026
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | New | 101 | $4K |
| MNST Monster Beverage Corp. | COM | New | 0 | $21 |
| KDP Keurig Dr Pepper Inc. | COM | New | 0 | $12 |
| TQQQ Proshares Ultrapro QQQ | ULTRAPRO QQQ | New | 0 | $2 |
| VST Vistra Corp. | COM | New | 0 | $1 |
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 |