Ballast, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 16, 2024), Ballast, Inc. reported 125 stock positions worth $352.5 million. Its top holding was Vngrd Mrngstr MD-Cap ETF-Usd (VO) at 9.8% of the portfolio, followed by Vanguard Most SM-Cap ETF-Usd (VB, 9.4%) and Invesco S&P 500 Quality ETF (SPHQ, 6.7%). Compared with Q2 2024, it opened 5 new positions, added to 48 and reduced 57. The biggest buy was Vanguard Most SM-Cap ETF-Usd (VB, shares +3%) and the biggest sale iShares 1-3 Year Treasury Bo (SHY, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- Lexington, KY
- CIK
- 0001730477
- Portfolio Value
- $352.5M (Q3 2024)
- SEC Filing
- 0001172661-24-004273 ↗ filed Oct 16, 2024
Holdings Value
Holdings 125 stocks · $352.5M
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 9.79% | 130,768 | $34.5M | Add +1.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 9.42% | 140,017 | $33.2M | Add +2.9% |
| SPHQ Invesco S&P 500 Quality ETF | 6.70% | 351,098 | $23.6M | Add +0.6% |
| VEU Vanguard Ftse All-World Ex-U | 4.38% | 244,856 | $15.4M | Add +1.7% |
| VYM Vanguard High DVD Yield ETF | 4.06% | 111,719 | $14.3M | Add +2.1% |
| COWZ Pacer US Cash Cows 100 ETF | 3.93% | 239,684 | $13.9M | Add +2.9% |
| SPLV Invesco S&P 500 Low Volatili | 3.90% | 191,645 | $13.7M | Add +1.9% |
| AAPL Apple Inc. | 3.76% | 56,860 | $13.2M | Reduce -3.8% |
| SHY iShares 1-3 Year Treasury Bo | 3.50% | 148,242 | $12.3M | Reduce -1.8% |
| RSP Invesco S&P 500 Equal Weight | 3.50% | 68,773 | $12.3M | Add +1.6% |
| PFF iShares Preferred & Income S | 3.40% | 360,643 | $12.0M | Add +0.7% |
| IWF iShares Russell 1000 Growth | 2.81% | 26,406 | $9.9M | Add +0.6% |
| VHT Vanguard Health Care ETF | 2.52% | 31,474 | $8.9M | Add +1.5% |
| UNH Unitedhealth Group Inc. | 2.43% | 14,655 | $8.6M | Reduce -0.8% |
| MSFT Microsoft Corp. | 1.94% | 15,858 | $6.8M | Reduce -0.7% |
| IWD iShares Russell 1000 Value E | 1.90% | 35,344 | $6.7M | Add +3.0% |
| GRBK Green Brick Partners Inc. | 1.74% | 73,494 | $6.1M | No change |
| LLY Eli Lilly & Co. | 1.10% | 4,367 | $3.9M | Reduce -1.5% |
| JNJ Johnson & Johnson | 1.02% | 22,132 | $3.6M | Reduce -0.3% |
| VGT Vanguard Info Tech ETF | 0.90% | 5,386 | $3.2M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 0.86% | 14,428 | $3.0M | Reduce -1.1% |
| VWO Vanguard Ftse Emerging Marke | 0.85% | 62,255 | $3.0M | Add +0.9% |
| AMZN Amazon.com Inc. | 0.82% | 15,564 | $2.9M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 0.78% | 15,832 | $2.7M | Add +0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 5,902 | $2.7M | Reduce -0.6% |
| COST Costco Wholesale Corp. | 0.76% | 3,027 | $2.7M | Reduce -0.9% |
| WMT Walmart Inc. | 0.63% | 27,372 | $2.2M | Reduce -1.8% |
| HD Home Depot Inc. | 0.59% | 5,173 | $2.1M | Reduce -0.8% |
| TGT Target Corp. | 0.52% | 11,721 | $1.8M | Add +1.3% |
| DUK Duke Energy Corp. | 0.51% | 15,646 | $1.8M | Reduce -0.7% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.51% | 15,816 | $1.8M | Add +0.8% |
| TFC Truist Financial Corp. | 0.50% | 41,101 | $1.8M | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.50% | 44,069 | $1.7M | Reduce -0.1% |
| AGG iShares Core U.S. Aggregate | 0.49% | 17,189 | $1.7M | Add +1.1% |
| TRV The Travelers Cos Inc. | 0.47% | 7,103 | $1.7M | Add +0.1% |
| ED Consolidated Edison Inc. | 0.46% | 15,442 | $1.6M | Add +0.5% |
| RTX RTX Corp. | 0.44% | 12,849 | $1.6M | Reduce -1.3% |
| TXN Texas Instruments Inc. | 0.44% | 7,489 | $1.5M | Reduce -0.9% |
| XOM Exxon Mobil Corp. | 0.43% | 12,948 | $1.5M | Reduce -0.2% |
| DD Dupont DE Nemours Inc. | 0.43% | 16,903 | $1.5M | Reduce -0.2% |
| CRM Salesforce Inc. | 0.42% | 5,366 | $1.5M | Reduce -1.1% |
| CSCO Cisco Systems Inc. | 0.41% | 27,488 | $1.5M | Add +0.9% |
| GOOGL Alphabet Inc. Class A | 0.40% | 8,593 | $1.4M | Reduce -0.7% |
| DE Deere & Co. | 0.40% | 3,411 | $1.4M | Add +2.2% |
| PEP Pepsico Inc. | 0.40% | 8,242 | $1.4M | Reduce -0.3% |
| DHR Danaher Corp. | 0.39% | 5,005 | $1.4M | Add +0.3% |
| AMD Advanced Micro Devices | 0.39% | 8,379 | $1.4M | Reduce -0.6% |
| CB Chubb Ltd. | 0.39% | 4,756 | $1.4M | Reduce -0.6% |
| UNP Union Pacific Corp. | 0.37% | 5,325 | $1.3M | Reduce -0.7% |
| HON Honeywell International Inc. | 0.37% | 6,325 | $1.3M | Add +0.9% |
| KMB Kimberly-Clark Corp. | 0.36% | 9,004 | $1.3M | Reduce -0.7% |
| NKE Nike Inc. Class B | 0.35% | 14,096 | $1.2M | Add +3.3% |
| NTRS Northern Trust Corp. | 0.35% | 13,748 | $1.2M | Add +0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.34% | 12,593 | $1.2M | Add +2.6% |
| MU Micron Technology Inc. | 0.34% | 11,552 | $1.2M | Add +2.3% |
| CAT Caterpillar Inc. | 0.31% | 2,828 | $1.1M | Reduce -0.0% |
| IVV iShares Core S&P 500 ETF | 0.31% | 1,908 | $1.1M | No change |
| BA The Boeing Co. | 0.30% | 6,910 | $1.1M | Add +2.2% |
| MDLZ Mondelez International Inc. Class A | 0.29% | 13,779 | $1.0M | Add +4.2% |
| KO The Coca-Cola Co. | 0.27% | 13,367 | $961K | Reduce -1.6% |
| NVDA Nvidia Corp. | 0.26% | 7,543 | $916K | Reduce -4.4% |
| MDT Medtronic PLC | 0.25% | 9,956 | $896K | Reduce -0.5% |
| TMUS T-Mobile US Inc. | 0.24% | 4,068 | $839K | Add +3.8% |
| V Visa Inc. Class A | 0.23% | 2,921 | $803K | Add +5.8% |
| PFE Pfizer Inc. | 0.23% | 27,750 | $803K | Add +1.8% |
| VLO Valero Energy Corp. | 0.23% | 5,934 | $801K | Add +0.2% |
| INTC Intel Corp. | 0.23% | 33,851 | $794K | Add +10.5% |
| SHW The Sherwin-Williams Co. | 0.22% | 2,045 | $781K | Reduce -9.3% |
| GOOG Alphabet Inc. Class C | 0.22% | 4,622 | $773K | Reduce -7.7% |
| ORCL Oracle Corp. | 0.21% | 4,424 | $754K | Add +0.1% |
| MCD McDonald's Corp. | 0.21% | 2,381 | $725K | Reduce -0.5% |
| NSC Norfolk Southern Corp. | 0.20% | 2,844 | $707K | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 1,185 | $680K | Add +1.2% |
| IJH iShares Core S&P Midcap ETF | 0.18% | 10,193 | $635K | Add +5.9% |
| VIG Vanguard Dividend Apprec ETF | 0.18% | 3,129 | $620K | Add +1.2% |
| ABBV Abbvie Inc. | 0.17% | 3,112 | $615K | Reduce -1.5% |
| SYK Stryker Corp. | 0.17% | 1,643 | $594K | Add +0.1% |
| PNC PNC Financial Services Group | 0.15% | 2,874 | $531K | Reduce -3.6% |
| GLW Corning Inc. | 0.15% | 11,672 | $527K | Reduce -0.1% |
| IJR iShares Core S&P Small-Cap E | 0.14% | 4,360 | $510K | Reduce -5.1% |
| GD General Dynamics Corp. | 0.14% | 1,650 | $499K | Reduce -1.0% |
| HUM Humana Inc. | 0.14% | 1,561 | $494K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.14% | 2,811 | $491K | No change |
| VXF Vanguard Extended Market ETF | 0.14% | 2,629 | $478K | Add +0.1% |
| AFL Aflac Inc. | 0.14% | 4,275 | $478K | Reduce -4.8% |
| XPO Xpo Inc. | 0.13% | 4,390 | $472K | No change |
| NEE Nextera Energy Inc. | 0.13% | 5,321 | $450K | Reduce -0.4% |
| HAL Halliburton Co. | 0.12% | 15,102 | $439K | Add +13.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.12% | 8,081 | $427K | Add +4.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.12% | 5,015 | $416K | Add +1.7% |
| MRK Merck & Co. Inc. | 0.12% | 3,641 | $413K | Reduce -0.9% |
| SCHD Schwab US DVD Equity ETF | 0.12% | 4,812 | $407K | Add +2.4% |
| CINF Cincinnati Financial Corp. | 0.11% | 2,805 | $382K | No change |
| USB US Bancorp | 0.11% | 8,334 | $381K | Reduce -1.8% |
| NOC Northrop Grumman Corp. | 0.11% | 704 | $372K | Reduce -0.4% |
| COP Conocophillips | 0.10% | 3,412 | $359K | Add +0.5% |
| VNQ Vanguard Real Estate ETF | 0.10% | 3,650 | $356K | No change |
| T AT&T Inc. | 0.10% | 16,138 | $355K | Reduce -4.6% |
| CTSH Cognizant Tech Solutions-A | 0.10% | 4,570 | $353K | No change |
| MA Mastercard Inc. Class A | 0.10% | 678 | $335K | Reduce -0.3% |
Portfolio Sells Q2 2024 → Q3 2024
| SHY iShares 1-3 Year Treasury Bo | Reduce -1.8% | 3.50% | −0.30 |
| MSFT Microsoft Corp. | Reduce -0.7% | 1.94% | −0.26 |
| LLY Eli Lilly & Co. | Reduce -1.5% | 1.10% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -2.3% | 0.82% | −0.12 |
| GOOGL Alphabet Inc. Class A | Reduce -0.7% | 0.40% | −0.08 |
| AAPL Apple Inc. | Reduce -3.8% | 3.76% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -7.7% | 0.22% | −0.06 |
| VGT Vanguard Info Tech ETF | Reduce -0.3% | 0.90% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -1.1% | 0.86% | −0.05 |
| BAC Bank of America Corp. | Reduce -0.1% | 0.50% | −0.04 |
| NVDA Nvidia Corp. | Reduce -4.4% | 0.26% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -0.9% | 0.76% | −0.04 |
| AMD Advanced Micro Devices | Reduce -0.6% | 0.39% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -0.2% | 0.43% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -0.9% | 0.12% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -0.7% | 0.36% | −0.02 |
| PEP Pepsico Inc. | Reduce -0.3% | 0.40% | −0.02 |
| ABT Abbott Laboratories | Reduce -20.6% | 0.08% | −0.02 |
| FDX FedEx Corp. | Reduce -1.1% | 0.08% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -2.0% | 0.09% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -0.9% | 0.44% | −0.01 |
| CRM Salesforce Inc. | Reduce -1.1% | 0.42% | −0.01 |
| CVX Chevron Corp. | Reduce -1.6% | 0.07% | −0.01 |
| EMR Emerson Electric Co. | Reduce -0.7% | 0.09% | −0.01 |
| GD General Dynamics Corp. | Reduce -1.0% | 0.14% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.1% | 0.14% | −0.01 |
| MRSH Marsh & McLennan Cos | Reduce -2.0% | 0.08% | −0.00 |
| UNP Union Pacific Corp. | Reduce -0.7% | 0.37% | −0.00 |
| META Meta Platforms Inc. Class A | Reduce -3.8% | 0.09% | +0.00 |
| TFC Truist Financial Corp. | Reduce -1.3% | 0.50% | +0.00 |
| T AT&T Inc. | Reduce -4.6% | 0.10% | +0.00 |
| MA Mastercard Inc. Class A | Reduce -0.3% | 0.10% | +0.00 |
| USB US Bancorp | Reduce -1.8% | 0.11% | +0.00 |
| ACN Accenture PLC Class A | Reduce -1.5% | 0.09% | +0.01 |
| KO The Coca-Cola Co. | Reduce -1.6% | 0.27% | +0.01 |
| DD Dupont DE Nemours Inc. | Reduce -0.2% | 0.43% | +0.01 |
| ABBV Abbvie Inc. | Reduce -1.5% | 0.17% | +0.01 |
| PNC PNC Financial Services Group | Reduce -3.6% | 0.15% | +0.01 |
| GLW Corning Inc. | Reduce -0.1% | 0.15% | +0.01 |
| NOC Northrop Grumman Corp. | Reduce -0.4% | 0.11% | +0.01 |
| NSC Norfolk Southern Corp. | Reduce -0.9% | 0.20% | +0.01 |
| KKR KKR & Co. Inc. | Reduce -0.6% | 0.09% | +0.01 |
| NEE Nextera Energy Inc. | Reduce -0.4% | 0.13% | +0.01 |
| TSLA Tesla Inc. | Reduce -3.3% | 0.08% | +0.01 |
| MDT Medtronic PLC | Reduce -0.5% | 0.25% | +0.01 |
| AFL Aflac Inc. | Reduce -4.8% | 0.14% | +0.01 |
| CB Chubb Ltd. | Reduce -0.6% | 0.39% | +0.01 |
| SHW The Sherwin-Williams Co. | Reduce -9.3% | 0.22% | +0.01 |
| MCD McDonald's Corp. | Reduce -0.5% | 0.21% | +0.02 |
| JNJ Johnson & Johnson | Reduce -0.3% | 1.02% | +0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| VB Vanguard Most SM-Cap ETF-Usd | Add +2.9% | 9.42% | +0.29 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.3% | 9.79% | +0.16 |
| SPLV Invesco S&P 500 Low Volatili | Add +1.9% | 3.90% | +0.14 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.09% | +0.09 |
| RSP Invesco S&P 500 Equal Weight | Add +1.6% | 3.50% | +0.07 |
| VYM Vanguard High DVD Yield ETF | Add +2.1% | 4.06% | +0.07 |
| D Dominion Energy Inc. | New | 0.07% | +0.07 |
| LMT Lockheed Martin Corp. | New | 0.06% | +0.06 |
| IWD iShares Russell 1000 Value E | Add +3.0% | 1.90% | +0.06 |
| CTAS Cintas Corp. | New | 0.06% | +0.06 |
| VZ Verizon Communications Inc. | New | 0.06% | +0.06 |
| NKE Nike Inc. Class B | Add +3.3% | 0.35% | +0.04 |
| ED Consolidated Edison Inc. | Add +0.5% | 0.46% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.7% | 4.38% | +0.03 |
| TRV The Travelers Cos Inc. | Add +0.1% | 0.47% | +0.03 |
| TMUS T-Mobile US Inc. | Add +3.8% | 0.24% | +0.03 |
| COWZ Pacer US Cash Cows 100 ETF | Add +2.9% | 3.93% | +0.03 |
| ORCL Oracle Corp. | Add +0.1% | 0.21% | +0.02 |
| MDLZ Mondelez International Inc. Class A | Add +4.2% | 0.29% | +0.02 |
| DE Deere & Co. | Add +2.2% | 0.40% | +0.02 |
| CSCO Cisco Systems Inc. | Add +0.9% | 0.41% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +0.9% | 0.85% | +0.01 |
| DHR Danaher Corp. | Add +0.3% | 0.39% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +5.9% | 0.18% | +0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +4.3% | 0.12% | +0.01 |
| V Visa Inc. Class A | Add +5.8% | 0.23% | +0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +5.8% | 0.07% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +2.4% | 0.12% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +1.2% | 0.18% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +1.9% | 0.07% | −0.00 |
| VXF Vanguard Extended Market ETF | Add +0.1% | 0.14% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.8% | 0.09% | −0.00 |
| NTRS Northern Trust Corp. | Add +0.3% | 0.35% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.2% | 0.19% | −0.00 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +1.7% | 0.12% | −0.00 |
| SYK Stryker Corp. | Add +0.1% | 0.17% | −0.00 |
| PFE Pfizer Inc. | Add +1.8% | 0.23% | −0.01 |
| TGT Target Corp. | Add +1.3% | 0.52% | −0.01 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +0.8% | 0.51% | −0.01 |
| AGG iShares Core U.S. Aggregate | Add +1.1% | 0.49% | −0.01 |
| HAL Halliburton Co. | Add +13.2% | 0.12% | −0.01 |
| COP Conocophillips | Add +0.5% | 0.10% | −0.02 |
| PG The Procter & Gamble Co. | Add +0.8% | 0.78% | −0.02 |
| VHT Vanguard Health Care ETF | Add +1.5% | 2.52% | −0.02 |
| DIS The Walt Disney Co. | Add +2.6% | 0.34% | −0.03 |
| HON Honeywell International Inc. | Add +0.9% | 0.37% | −0.04 |
| VLO Valero Energy Corp. | Add +0.2% | 0.23% | −0.06 |
| INTC Intel Corp. | Add +10.5% | 0.23% | −0.07 |
| PFF iShares Preferred & Income S | Add +0.7% | 3.40% | −0.08 |
| BA The Boeing Co. | Add +2.2% | 0.30% | −0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 156 | $530.2M | VB, VO, SPHQ, VYM, RSP |
| Q1 2026 | 133 | $432.4M | VB, VO, SPHQ, VYM, RSP |
| Q4 2025 | 133 | $427.3M | VB, VO, SPHQ, VYM, RSP |
| Q3 2025 | 132 | $410.7M | VB, VO, SPHQ, COWZ, VEU |
| Q2 2025Amended | 128 | $381.9M | VB, VO, SPHQ, COWZ, VEU |
| Q1 2025 | 125 | $353.4M | VO, VB, SPHQ, COWZ, VEU |
| Q4 2024 | 119 | $349.8M | VB, VO, SPHQ, COWZ, VEU |
| Q3 2024 | 125 | $352.5M | VO, VB, SPHQ, VEU, VYM |
| Q2 2024 | 120 | $324.9M | VO, VB, SPHQ, VEU, VYM |
| Q1 2024 | 120 | $316.5M | VO, VB, SPHQ, SHY, VEU |