Ballast, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Ballast, Inc. reported 133 stock positions worth $432.4 million. Its top holding was Vanguard Most SM-Cap ETF-Usd (VB) at 10.4% of the portfolio, followed by Vngrd Mrngstr MD-Cap ETF-Usd (VO, 9.4%) and Invesco S&P 500 Quality ETF (SPHQ, 6.5%). Compared with Q4 2025, it opened 4 new positions, sold out of 4, added to 62 and reduced 34. The biggest buy was Vanguard High DVD Yield ETF (VYM, shares +3%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Lexington, KY
- CIK
- 0001730477
- Portfolio Value
- $432.4M (Q1 2026)
- SEC Filing
- 0001172661-26-002204 ↗ filed May 15, 2026
Holdings Value
Holdings 133 stocks · $432.4M
| VB Vanguard Most SM-Cap ETF-Usd | 10.40% | 171,762 | $45.0M | Add +1.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 9.36% | 140,974 | $40.5M | Add +2.1% |
| SPHQ Invesco S&P 500 Quality ETF | 6.53% | 375,405 | $28.2M | Add +1.3% |
| VYM Vanguard High DVD Yield ETF | 5.12% | 149,339 | $22.1M | Add +3.1% |
| RSP Invesco S&P 500 Equal Weight | 4.32% | 97,331 | $18.7M | Add +2.1% |
| VEU Vanguard Ftse All-World Ex-U | 4.23% | 243,788 | $18.3M | Add +0.3% |
| SHY iShares 1-3 Year Treasury Bo | 4.23% | 221,415 | $18.3M | Add +3.3% |
| IWD iShares Russell 1000 Value E | 3.67% | 74,187 | $15.9M | Add +4.5% |
| PFF iShares Preferred & Income S | 3.00% | 428,201 | $13.0M | Add +3.1% |
| AAPL Apple Inc. | 2.99% | 50,867 | $12.9M | Reduce -0.8% |
| IWF iShares Russell 1000 Growth | 2.96% | 30,011 | $12.8M | Add +2.8% |
| SPLV Invesco S&P 500 Low Volatili | 2.89% | 170,890 | $12.5M | Add +1.1% |
| COWZ Pacer US Cash Cows 100 ETF | 2.88% | 198,841 | $12.4M | Reduce -0.8% |
| VHT Vanguard Health Care ETF | 2.53% | 40,198 | $10.9M | Add +2.0% |
| MSFT Microsoft Corp. | 1.47% | 17,141 | $6.3M | Add +5.6% |
| JNJ Johnson & Johnson | 1.31% | 23,130 | $5.7M | Add +1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.20% | 10,862 | $5.2M | Reduce -1.6% |
| GRBK Green Brick Partners Inc. | 1.10% | 73,494 | $4.7M | No change |
| UNH Unitedhealth Group Inc. | 0.98% | 15,693 | $4.2M | Reduce -1.6% |
| JPM JPMorgan Chase & Co. | 0.96% | 14,086 | $4.1M | Add +2.3% |
| AMZN Amazon.com Inc. | 0.89% | 18,525 | $3.9M | Add +4.3% |
| GOOG Alphabet Inc. Class C | 0.87% | 13,157 | $3.8M | Add +3.4% |
| VGT Vanguard Info Tech ETF | 0.85% | 5,273 | $3.7M | Add +1.8% |
| LLY Eli Lilly & Co. | 0.85% | 3,993 | $3.7M | Reduce -0.1% |
| MU Micron Technology Inc. | 0.77% | 9,850 | $3.3M | Reduce -2.5% |
| COST Costco Wholesale Corp. | 0.70% | 3,026 | $3.0M | Add +0.7% |
| WMT Walmart Inc. | 0.68% | 23,600 | $2.9M | Reduce -2.0% |
| GOOGL Alphabet Inc. Class A | 0.66% | 9,935 | $2.9M | Add +2.9% |
| XOM Exxon Mobil Corp. | 0.65% | 16,454 | $2.8M | Reduce -15.9% |
| CAT Caterpillar Inc. | 0.62% | 3,781 | $2.7M | Add +33.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.58% | 22,831 | $2.5M | Add +19.1% |
| PG The Procter & Gamble Co. | 0.57% | 17,017 | $2.5M | Add +4.4% |
| VWO Vanguard Ftse Emerging Marke | 0.56% | 44,842 | $2.4M | Add +1.4% |
| AGG iShares Core U.S. Aggregate | 0.52% | 22,572 | $2.2M | Add +16.4% |
| RTX RTX Corp. | 0.49% | 11,035 | $2.1M | Add +0.3% |
| DE Deere & Co. | 0.49% | 3,732 | $2.1M | Add +3.4% |
| DUK Duke Energy Corp. | 0.48% | 15,948 | $2.1M | Add +1.0% |
| TGT Target Corp. | 0.46% | 16,474 | $2.0M | Add +0.3% |
| CSCO Cisco Systems Inc. | 0.45% | 25,102 | $1.9M | Add +0.8% |
| TRV The Travelers Cos Inc. | 0.44% | 6,584 | $1.9M | Add +0.9% |
| ED Consolidated Edison Inc. | 0.43% | 16,616 | $1.9M | Add +1.6% |
| HD Home Depot Inc. | 0.43% | 5,705 | $1.9M | Add +1.5% |
| TFC Truist Financial Corp. | 0.42% | 39,641 | $1.8M | Reduce -0.1% |
| AMD Advanced Micro Devices | 0.41% | 8,768 | $1.8M | Add +12.4% |
| HAL Halliburton Co. | 0.40% | 44,543 | $1.7M | Reduce -0.3% |
| HON Honeywell International Inc. | 0.39% | 7,506 | $1.7M | Add +0.8% |
| TXN Texas Instruments Inc. | 0.38% | 8,559 | $1.7M | Add +0.4% |
| NTRS Northern Trust Corp. | 0.38% | 11,783 | $1.6M | Add +0.9% |
| CB Chubb Ltd. | 0.36% | 4,811 | $1.6M | Add +0.9% |
| BA The Boeing Co. | 0.35% | 7,584 | $1.5M | Add +2.6% |
| GLW Corning Inc. | 0.34% | 10,924 | $1.5M | No change |
| VLO Valero Energy Corp. | 0.33% | 5,787 | $1.4M | Add +0.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.33% | 14,834 | $1.4M | Add +2.2% |
| V Visa Inc. Class A | 0.32% | 4,611 | $1.4M | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.32% | 7,950 | $1.4M | Reduce -0.7% |
| PEP Pepsico Inc. | 0.32% | 8,835 | $1.4M | Add +1.3% |
| NKE Nike Inc. Class B | 0.31% | 25,661 | $1.4M | Add +3.1% |
| UNP Union Pacific Corp. | 0.31% | 5,516 | $1.3M | Add +3.7% |
| MDLZ Mondelez International Inc. Class A | 0.30% | 22,435 | $1.3M | Add +2.6% |
| TMUS T-Mobile US Inc. | 0.30% | 6,109 | $1.3M | Add +2.1% |
| DD Dupont DE Nemours Inc. | 0.30% | 27,980 | $1.3M | Add +2.2% |
| IVV iShares Core S&P 500 ETF | 0.29% | 1,920 | $1.3M | Add +0.2% |
| PFE Pfizer Inc. | 0.28% | 43,332 | $1.2M | Add +1.7% |
| CRM Salesforce Inc. | 0.27% | 6,322 | $1.2M | Add +1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 1,801 | $1.2M | Add +42.8% |
| KMB Kimberly-Clark Corp. | 0.26% | 11,854 | $1.1M | Add +2.3% |
| MDT Medtronic PLC | 0.26% | 12,939 | $1.1M | Add +1.2% |
| KO The Coca-Cola Co. | 0.21% | 11,829 | $900K | Reduce -2.3% |
| AXP American Express Co. | 0.19% | 2,776 | $840K | Reduce -2.7% |
| MCD McDonald's Corp. | 0.17% | 2,328 | $724K | Reduce -5.3% |
| ABBV Abbvie Inc. | 0.17% | 3,324 | $723K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.17% | 1 | $718K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.15% | 3,091 | $665K | No change |
| ORCL Oracle Corp. | 0.15% | 4,426 | $651K | No change |
| IJH iShares Core S&P Midcap ETF | 0.15% | 9,615 | $649K | Reduce -0.2% |
| NSC Norfolk Southern Corp. | 0.14% | 2,129 | $611K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 1,805 | $579K | Reduce -53.4% |
| GLD SPDR Gold Shares | 0.13% | 1,295 | $557K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.13% | 2,811 | $552K | Reduce -2.4% |
| GD General Dynamics Corp. | 0.13% | 1,576 | $541K | No change |
| VXF Vanguard Extended Market ETF | 0.12% | 2,625 | $540K | No change |
| SYK Stryker Corp. | 0.12% | 1,643 | $540K | No change |
| GS Goldman Sachs Group Inc. | 0.12% | 632 | $535K | Reduce -3.2% |
| XPO Xpo Inc. | 0.12% | 2,645 | $515K | Reduce -36.6% |
| NEE Nextera Energy Inc. | 0.12% | 5,498 | $511K | No change |
| CBK Commercial Bancgroup Inc. | 0.11% | 18,975 | $494K | No change |
| META Meta Platforms Inc. Class A | 0.11% | 852 | $487K | Add +17.5% |
| TSLA Tesla Inc. | 0.11% | 1,291 | $480K | Add +30.3% |
| MRK Merck & Co. Inc. | 0.11% | 3,954 | $476K | Add +14.5% |
| COP Conocophillips | 0.11% | 3,584 | $473K | Reduce -0.1% |
| CVX Chevron Corp. | 0.10% | 2,185 | $452K | Reduce -4.4% |
| AFL Aflac Inc. | 0.10% | 4,089 | $449K | No change |
| SCHD Schwab US DVD Equity ETF | 0.10% | 14,415 | $442K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 8,981 | $438K | No change |
| VOO Vanguard S&P 500 ETF | 0.10% | 703 | $420K | Add +15.8% |
| IJR iShares Core S&P Small-Cap E | 0.10% | 3,376 | $420K | No change |
| MA Mastercard Inc. Class A | 0.09% | 818 | $409K | Reduce -5.8% |
| CHDN Churchill Downs Inc. | 0.09% | 4,265 | $383K | Reduce -2.5% |
| NOC Northrop Grumman Corp. | 0.09% | 560 | $382K | Reduce -9.4% |
| VNQ Vanguard Real Estate ETF | 0.09% | 4,185 | $371K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| AAPL Apple Inc. | Reduce -0.8% | 2.99% | −0.28 |
| UNH Unitedhealth Group Inc. | Reduce -1.6% | 0.98% | −0.25 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.17 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -53.4% | 0.13% | −0.17 |
| LLY Eli Lilly & Co. | Reduce -0.1% | 0.85% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 1.20% | −0.09 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.08 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.06 |
| V Visa Inc. Class A | Reduce -0.5% | 0.32% | −0.06 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.05 |
| AXP American Express Co. | Reduce -2.7% | 0.19% | −0.05 |
| TFC Truist Financial Corp. | Reduce -0.1% | 0.42% | −0.04 |
| CTSH Cognizant Tech Solutions-A | Reduce -14.6% | 0.06% | −0.03 |
| NVDA Nvidia Corp. | Reduce -0.7% | 0.32% | −0.03 |
| CHDN Churchill Downs Inc. | Reduce -2.5% | 0.09% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -5.8% | 0.09% | −0.02 |
| ABT Abbott Laboratories | Reduce -10.7% | 0.06% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -6.5% | 0.08% | −0.02 |
| XPO Xpo Inc. | Reduce -36.6% | 0.12% | −0.01 |
| GS Goldman Sachs Group Inc. | Reduce -3.2% | 0.12% | −0.01 |
| GE General Electric | Reduce -6.3% | 0.05% | −0.01 |
| MCD McDonald's Corp. | Reduce -5.3% | 0.17% | −0.01 |
| D Dominion Energy Inc. | Reduce -11.9% | 0.05% | −0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -2.1% | 0.08% | −0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.4% | 0.13% | −0.00 |
| CHD Church & Dwight Co. Inc. | Reduce -8.8% | 0.06% | +0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -1.3% | 0.05% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.2% | 0.15% | +0.00 |
| NOC Northrop Grumman Corp. | Reduce -9.4% | 0.09% | +0.01 |
| KO The Coca-Cola Co. | Reduce -2.3% | 0.21% | +0.01 |
| Q Qnity Electronics Inc. | Reduce -11.6% | 0.07% | +0.01 |
| CVX Chevron Corp. | Reduce -4.4% | 0.10% | +0.02 |
| COP Conocophillips | Reduce -0.1% | 0.11% | +0.03 |
| WMT Walmart Inc. | Reduce -2.0% | 0.68% | +0.05 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -0.8% | 2.88% | +0.06 |
| XOM Exxon Mobil Corp. | Reduce -15.9% | 0.65% | +0.09 |
| MU Micron Technology Inc. | Reduce -2.5% | 0.77% | +0.09 |
| HAL Halliburton Co. | Reduce -0.3% | 0.40% | +0.11 |
Portfolio Buys Q4 2025 → Q1 2026
| VYM Vanguard High DVD Yield ETF | Add +3.1% | 5.12% | +0.25 |
| CAT Caterpillar Inc. | Add +33.5% | 0.62% | +0.24 |
| JNJ Johnson & Johnson | Add +1.9% | 1.31% | +0.21 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +1.5% | 10.40% | +0.19 |
| IWD iShares Russell 1000 Value E | Add +4.5% | 3.67% | +0.17 |
| VLO Valero Energy Corp. | Add +0.8% | 0.33% | +0.11 |
| DE Deere & Co. | Add +3.4% | 0.49% | +0.09 |
| COST Costco Wholesale Corp. | Add +0.7% | 0.70% | +0.09 |
| TGT Target Corp. | Add +0.3% | 0.46% | +0.09 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +19.1% | 0.58% | +0.08 |
| SHY iShares 1-3 Year Treasury Bo | Add +3.3% | 4.23% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +42.8% | 0.27% | +0.07 |
| AGG iShares Core U.S. Aggregate | Add +16.4% | 0.52% | +0.07 |
| SPLV Invesco S&P 500 Low Volatili | Add +1.1% | 2.89% | +0.06 |
| XLE SS Energy Select Sector | New | 0.06% | +0.06 |
| ED Consolidated Edison Inc. | Add +1.6% | 0.43% | +0.05 |
| LMT Lockheed Martin Corp. | New | 0.05% | +0.05 |
| HON Honeywell International Inc. | Add +0.8% | 0.39% | +0.05 |
| DUK Duke Energy Corp. | Add +1.0% | 0.48% | +0.05 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.3% | 4.23% | +0.05 |
| LIN Linde PLC | New | 0.05% | +0.05 |
| IWM iShares Russell 2000 ETF | New | 0.05% | +0.05 |
| RSP Invesco S&P 500 Equal Weight | Add +2.1% | 4.32% | +0.05 |
| DD Dupont DE Nemours Inc. | Add +2.2% | 0.30% | +0.04 |
| TXN Texas Instruments Inc. | Add +0.4% | 0.38% | +0.04 |
| PFE Pfizer Inc. | Add +1.7% | 0.28% | +0.03 |
| MRK Merck & Co. Inc. | Add +14.5% | 0.11% | +0.02 |
| PEP Pepsico Inc. | Add +1.3% | 0.32% | +0.02 |
| MDLZ Mondelez International Inc. Class A | Add +2.6% | 0.30% | +0.02 |
| PG The Procter & Gamble Co. | Add +4.4% | 0.57% | +0.02 |
| UNP Union Pacific Corp. | Add +3.7% | 0.31% | +0.02 |
| AMD Advanced Micro Devices | Add +12.4% | 0.41% | +0.02 |
| RTX RTX Corp. | Add +0.3% | 0.49% | +0.02 |
| SPHQ Invesco S&P 500 Quality ETF | Add +1.3% | 6.53% | +0.02 |
| CB Chubb Ltd. | Add +0.9% | 0.36% | +0.01 |
| TMUS T-Mobile US Inc. | Add +2.1% | 0.30% | +0.01 |
| T AT&T Inc. | Add +7.7% | 0.06% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +29.4% | 0.06% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +15.8% | 0.10% | +0.01 |
| NTRS Northern Trust Corp. | Add +0.9% | 0.38% | +0.01 |
| TSLA Tesla Inc. | Add +30.3% | 0.11% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +1.4% | 0.56% | +0.00 |
| CSCO Cisco Systems Inc. | Add +0.8% | 0.45% | +0.00 |
| TRV The Travelers Cos Inc. | Add +0.9% | 0.44% | +0.00 |
| META Meta Platforms Inc. Class A | Add +17.5% | 0.11% | +0.00 |
| SHOP Shopify Inc. Class A | Add +37.2% | 0.07% | 0.00 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +3.3% | 0.08% | −0.01 |
| PFF iShares Preferred & Income S | Add +3.1% | 3.00% | −0.01 |
| KMB Kimberly-Clark Corp. | Add +2.3% | 0.26% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +2.1% | 9.36% | −0.01 |
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 |