Ballast, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 10, 2026), Ballast, Inc. reported 156 stock positions worth $530.2 million. Its top holding was Vanguard Most SM-Cap ETF-Usd (VB) at 10.6% of the portfolio, followed by Vngrd Mrngstr MD-Cap ETF-Usd (VO, 9.4%) and Invesco S&P 500 Quality ETF (SPHQ, 6.3%). Compared with Q1 2026, it opened 28 new positions, sold out of 6, added to 61 and reduced 30. The biggest buy was Unitedhealth (UNH, shares +11%) and the biggest sale an exit from Exxon Mobil (XOM).

Most Recent 13F
Q2 2026
Location
Lexington, KY
CIK
0001730477
Portfolio Value
$530.2M (Q2 2026)
SEC Filing
0001172661-26-002544 ↗ filed Jul 10, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $316.5M Q1 2024 Q2 2024: $324.9M Q2 2024 Q3 2024: $352.5M Q3 2024 Q4 2024: $349.8M Q4 2024 Q1 2025: $353.4M Q1 2025 Q2 2025: $381.9M Q2 2025 Q3 2025: $410.7M Q3 2025 Q4 2025: $427.3M Q4 2025 Q1 2026: $432.4M Q1 2026 Q2 2026: $530.2M $530.2M Q2 2026

Holdings 156 stocks · $530.2M
VB Vanguard Most SM-Cap ETF-Usd 10.57% 184,845 $56.0M Add +7.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 9.37% 616,950 $49.7M Add +9.4%
SPHQ Invesco S&P 500 Quality ETF 6.27% 368,869 $33.2M Reduce -1.7%
VYM Vanguard High DVD Yield ETF 4.47% 150,142 $23.7M Add +0.5%
RSP Invesco S&P 500 Equal Weight 4.01% 99,938 $21.3M Add +2.7%
VEU Vanguard Ftse All-World Ex-U 3.90% 247,007 $20.7M Add +1.3%
SHY iShares 1-3 Year Treasury Bo 3.81% 245,825 $20.2M Add +11.0%
IWD iShares Russell 1000 Value E 3.39% 74,114 $18.0M Reduce -0.1%
IWF iShares Russell 1000 Growth 2.83% 120,713 $15.0M Add +0.6%
AAPL Apple Inc. 2.78% 50,867 $14.7M No change
VHT Vanguard Health Care ETF 2.60% 46,127 $13.8M Add +14.8%
PFF iShares Preferred & Income S 2.59% 450,713 $13.7M Add +5.3%
SPLV Invesco S&P 500 Low Volatili 2.45% 173,437 $13.0M Add +1.5%
COWZ Pacer US Cash Cows 100 ETF 2.29% 195,254 $12.1M Reduce -1.8%
MU Micron Technology Inc. 1.65% 7,591 $8.8M Reduce -22.9%
UNH Unitedhealth Group Inc. 1.37% 17,484 $7.3M Add +11.4%
MSFT Microsoft Corp. 1.29% 18,334 $6.8M Add +7.0%
JNJ Johnson & Johnson 1.21% 25,218 $6.4M Add +9.0%
VGT Vanguard Info Tech ETF 1.13% 50,009 $6.0M Add +18.6%
GRBK Green Brick Partners Inc. 1.11% 73,494 $5.9M No change
BRK.B Berkshire Hathaway Inc. Class B 1.05% 11,139 $5.6M Add +2.5%
AMZN Amazon.com Inc. 1.04% 23,220 $5.5M Add +25.3%
GOOG Alphabet Inc. Class C 1.01% 15,191 $5.4M Add +15.5%
LLY Eli Lilly & Co. 1.00% 4,427 $5.3M Add +10.9%
JPM JPMorgan Chase & Co. 0.98% 15,817 $5.2M Add +12.3%
AMD Advanced Micro Devices 0.96% 8,751 $5.1M Reduce -0.2%
CAT Caterpillar Inc. 0.78% 3,881 $4.1M Add +2.6%
GOOGL Alphabet Inc. Class A 0.67% 9,883 $3.5M Reduce -0.5%
COST Costco Wholesale Corp. 0.62% 3,501 $3.3M Add +15.7%
CSCO Cisco Systems Inc. 0.61% 27,711 $3.3M Add +10.4%
WMT Walmart Inc. 0.56% 26,066 $3.0M Add +10.4%
PG The Procter & Gamble Co. 0.55% 19,969 $2.9M Add +17.4%
HD Home Depot Inc. 0.52% 7,796 $2.7M Add +36.6%
DE Deere & Co. 0.52% 4,311 $2.7M Add +15.5%
RTX RTX Corp. 0.50% 14,050 $2.7M Add +27.3%
GLW Corning Inc. 0.50% 10,415 $2.7M Reduce -4.7%
TXN Texas Instruments Inc. 0.50% 8,827 $2.6M Add +3.1%
TGT Target Corp. 0.48% 19,604 $2.6M Add +19.0%
TRV The Travelers Cos Inc. 0.48% 7,752 $2.6M Add +17.7%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.47% 23,051 $2.5M Add +1.0%
VWO Vanguard Ftse Emerging Marke 0.46% 41,198 $2.5M Reduce -8.1%
DUK Duke Energy Corp. 0.46% 19,358 $2.5M Add +21.4%
TFC Truist Financial Corp. 0.46% 48,831 $2.4M Add +23.2%
NTRS Northern Trust Corp. 0.44% 13,290 $2.3M Add +12.8%
ED Consolidated Edison Inc. 0.43% 20,525 $2.3M Add +23.5%
AGG iShares Core U.S. Aggregate 0.43% 22,776 $2.3M Add +0.9%
V Visa Inc. Class A 0.40% 6,234 $2.1M Add +35.2%
NVDA Nvidia Corp. 0.39% 10,203 $2.0M Add +28.3%
CB Chubb Ltd. 0.38% 5,986 $2.0M Add +24.4%
BA The Boeing Co. 0.38% 9,406 $2.0M Add +24.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.35% 19,535 $1.9M Add +31.7%
NKE Nike Inc. Class B 0.35% 45,737 $1.9M Add +78.2%
KMB Kimberly-Clark Corp. 0.35% 16,883 $1.9M Add +42.4%
HAL Halliburton Co. 0.32% 50,273 $1.7M Add +12.9%
DD Dupont DE Nemours Inc. 0.32% 12,352 $1.7M Add +32.4%
MDLZ Mondelez International Inc. Class A 0.31% 28,319 $1.6M Add +26.2%
VLO Valero Energy Corp. 0.31% 6,217 $1.6M Add +7.4%
MDT Medtronic PLC 0.30% 20,259 $1.6M Add +56.6%
VXF Vanguard Extended Market ETF 0.29% 6,325 $1.6M Add +140.9%
CRM Salesforce Inc. 0.29% 9,737 $1.5M Add +54.0%
TMSL T.rowe PRC Small-Mid Cap ETF 0.27% 33,000 $1.4M New
IVV iShares Core S&P 500 ETF 0.27% 1,905 $1.4M Reduce -0.8%
PFE Pfizer Inc. 0.27% 58,636 $1.4M Add +35.3%
TMUS T-Mobile US Inc. 0.26% 8,367 $1.4M Add +37.0%
UNP Union Pacific Corp. 0.26% 5,009 $1.4M Reduce -9.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.25% 1,806 $1.3M Add +0.3%
PEP Pepsico Inc. 0.21% 8,301 $1.1M Reduce -6.0%
HON Honeywell International Inc. 0.20% 4,738 $1.1M Add +26.3%
HONA Honeywell Aerospace Inc. 0.20% 4,738 $1.0M Add +26.3%
GEV GE Vernova Inc. 0.20% 885 $1.0M New
GS Goldman Sachs Group Inc. 0.18% 965 $976K Add +52.7%
AXP American Express Co. 0.18% 2,776 $939K No change
KO The Coca-Cola Co. 0.18% 11,528 $937K Reduce -2.5%
BAC Bank of America Corp. 0.16% 14,875 $848K Add +65.6%
ABBV Abbvie Inc. 0.16% 3,294 $829K Reduce -0.9%
ET Energy Transfer LP 0.16% 43,000 $822K New
CRWD CrowdStrike Holdings Inc. Class A 0.15% 4,200 $801K New
BRK.A Berkshire Hathaway Inc. Class A 0.14% 1 $749K No change
IJH iShares Core S&P Midcap ETF 0.14% 9,535 $735K Reduce -0.8%
VIG Vanguard Dividend Apprec ETF 0.14% 3,091 $731K No change
GE General Electric filed as GE AEROSPACE 0.14% 1,942 $726K Add +134.0%
C Citigroup Inc. 0.13% 4,822 $675K New
VTI VG Morningstar TS MKT ETF-US 0.13% 1,805 $668K No change
LRCX Lam Research Corp. 0.12% 1,504 $652K New
ORCL Oracle Corp. 0.12% 4,426 $649K No change
DELL Dell Technologies -C 0.12% 1,468 $633K New
AVGO Broadcom Inc. 0.12% 1,667 $630K Add +39.5%
MCD McDonald's Corp. 0.12% 2,286 $618K Reduce -1.8%
NSC Norfolk Southern Corp. 0.12% 1,964 $618K Reduce -7.8%
CBK Commercial Bancgroup Inc. 0.12% 18,975 $613K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.12% 2,811 $613K No change
ELV Elevance Health Inc. 0.11% 1,572 $608K New
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.11% 298 $593K New
GD General Dynamics Corp. 0.11% 1,576 $558K No change
XPO Xpo Inc. 0.10% 2,645 $543K No change
TSLA Tesla Inc. 0.10% 1,288 $542K Reduce -0.2%
LIN Linde PLC 0.10% 1,025 $532K Add +141.2%
SYK Stryker Corp. 0.10% 1,643 $517K No change
MRK Merck & Co. Inc. 0.10% 3,950 $508K Reduce -0.1%
VOO Vanguard S&P 500 ETF 0.09% 732 $503K Add +4.1%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.09% 9,500 $501K New
IJR iShares Core S&P Small-Cap E 0.09% 3,374 $500K Reduce -0.1%
APH Amphenol Corp. Class A 0.09% 2,776 $489K New
NEE Nextera Energy Inc. 0.09% 5,498 $483K No change
META Meta Platforms Inc. Class A 0.09% 852 $480K No change
AFL Aflac Inc. 0.09% 4,089 $479K No change
GLD SPDR Gold Shares 0.09% 1,295 $477K No change
SCHD Schwab US DVD Equity ETF 0.09% 14,415 $457K No change
PWR Quanta Services Inc. 0.09% 626 $451K New
MA Mastercard Inc. Class A 0.08% 818 $420K No change
IWS iShares Russell Mid-Cap Valu 0.08% 2,487 $409K No change
Q Qnity Electronics Inc. 0.08% 2,491 $407K Reduce -2.6%
VNQ Vanguard Real Estate ETF 0.08% 4,185 $404K No change
CRH CRH PLC 0.07% 3,702 $396K New
USB US Bancorp 0.07% 6,538 $395K No change
PNFP Pinnacle Financial Partners 0.07% 3,900 $393K New
EMR Emerson Electric Co. 0.07% 2,747 $393K Reduce -0.4%
CHDN Churchill Downs Inc. 0.07% 4,265 $382K No change
CINF Cincinnati Financial Corp. 0.07% 2,020 $374K Reduce -6.9%
SPYG SS SPDR P S&P 500 Growth ETF 0.07% 3,086 $367K Reduce -7.3%
SPYV SS SPDR P S&P 500 Value ETF 0.07% 5,970 $363K Reduce -5.7%
DGX Quest Diagnostics Inc. 0.07% 1,712 $363K No change
CVX Chevron Corp. 0.07% 2,185 $362K No change
COP Conocophillips 0.07% 3,482 $362K Reduce -2.9%
WFC Wells Fargo & Co. 0.07% 4,303 $356K No change
QQQ Invesco QQQ Trust Series 1 0.06% 466 $343K Reduce -2.9%
INTC Intel Corp. 0.06% 2,350 $328K New
CFG Citizens Financial Group 0.06% 4,600 $322K New
SLF Sun Life Financial Inc. 0.06% 4,083 $320K No change
FDX FedEx Corp. 0.06% 952 $298K Reduce -2.6%
HCA HCA Healthcare Inc. 0.06% 759 $296K New
SHOP Shopify Inc. Class A 0.05% 2,525 $288K No change
NOC Northrop Grumman Corp. 0.05% 560 $285K No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.05% 3,232 $284K No change
PH Parker Hannifin Corp. 0.05% 288 $282K New
FANG Diamondback Energy Inc. 0.05% 1,600 $281K New
AZN Astrazeneca PLC 0.05% 1,424 $270K New
MKL Markel Group Inc. 0.05% 137 $268K Reduce -4.2%
MS Morgan Stanley 0.05% 1,230 $257K New
ANET Arista Networks Inc. 0.05% 1,503 $255K New
KKR KKR & Co. Inc. 0.05% 2,752 $253K No change
CHD Church & Dwight Co. Inc. 0.05% 2,587 $251K No change
BX Blackstone Inc. 0.05% 2,106 $248K No change
ALL Allstate Corp. 0.04% 1,001 $238K No change
PLTR Palantir Technologies Inc. Class A 0.04% 1,998 $233K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.04% 4,550 $229K Reduce -8.3%
SNPS Synopsys Inc. 0.04% 506 $226K New
WELL Welltower Inc. 0.04% 992 $225K New
D Dominion Energy Inc. 0.04% 3,279 $224K Reduce -5.6%
STX Seagate Technology Holdings 0.04% 230 $222K New
ROKU Roku Inc. 0.04% 1,606 $222K New
TOST Toast Inc. Class A 0.04% 7,702 $214K New
XLE SS Energy Select Sector 0.04% 4,000 $212K No change
ECL Ecolab Inc. 0.04% 751 $209K New
GXO Gxo Logistics Inc. 0.04% 4,062 $206K No change
PACK Ranpak Holdings Corp. 0.02% 10,925 $80K No change

Portfolio Sells Q1 2026 → Q2 2026
XOM Exxon Mobil Corp. Sold out 0.00% −0.65
COWZ Pacer US Cash Cows 100 ETF Reduce -1.8% 2.29% −0.59
IWD iShares Russell 1000 Value E Reduce -0.1% 3.39% −0.28
SPHQ Invesco S&P 500 Quality ETF Reduce -1.7% 6.27% −0.26
PEP Pepsico Inc. Reduce -6.0% 0.21% −0.11
VWO Vanguard Ftse Emerging Marke Reduce -8.1% 0.46% −0.10
T AT&T Inc. Sold out 0.00% −0.06
ABT Abbott Laboratories Sold out 0.00% −0.06
CTSH Cognizant Tech Solutions-A Sold out 0.00% −0.06
LMT Lockheed Martin Corp. Sold out 0.00% −0.05
UNP Union Pacific Corp. Reduce -9.2% 0.26% −0.05
MCD McDonald's Corp. Reduce -1.8% 0.12% −0.05
IWM iShares Russell 2000 ETF Sold out 0.00% −0.05
COP Conocophillips Reduce -2.9% 0.07% −0.04
KO The Coca-Cola Co. Reduce -2.5% 0.18% −0.03
NSC Norfolk Southern Corp. Reduce -7.8% 0.12% −0.02
FDX FedEx Corp. Reduce -2.6% 0.06% −0.02
IVV iShares Core S&P 500 ETF Reduce -0.8% 0.27% −0.02
SPYV SS SPDR P S&P 500 Value ETF Reduce -5.7% 0.07% −0.01
MRK Merck & Co. Inc. Reduce -0.1% 0.10% −0.01
MKL Markel Group Inc. Reduce -4.2% 0.05% −0.01
IJH iShares Core S&P Midcap ETF Reduce -0.8% 0.14% −0.01
ABBV Abbvie Inc. Reduce -0.9% 0.16% −0.01
EMR Emerson Electric Co. Reduce -0.4% 0.07% −0.01
SPDW Ste STR SPDR PT DW Eu ETF Reduce -8.3% 0.04% −0.01
TSLA Tesla Inc. Reduce -0.2% 0.10% −0.01
CINF Cincinnati Financial Corp. Reduce -6.9% 0.07% −0.01
D Dominion Energy Inc. Reduce -5.6% 0.04% −0.01
SPYG SS SPDR P S&P 500 Growth ETF Reduce -7.3% 0.07% −0.01
IJR iShares Core S&P Small-Cap E Reduce -0.1% 0.09% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -2.9% 0.06% +0.00
GOOGL Alphabet Inc. Class A Reduce -0.5% 0.67% +0.01
Q Qnity Electronics Inc. Reduce -2.6% 0.08% +0.01
GLW Corning Inc. Reduce -4.7% 0.50% +0.16
AMD Advanced Micro Devices Reduce -0.2% 0.96% +0.55
MU Micron Technology Inc. Reduce -22.9% 1.65% +0.88

Portfolio Buys Q1 2026 → Q2 2026
UNH Unitedhealth Group Inc. Add +11.4% 1.37% +0.39
VGT Vanguard Info Tech ETF Add +18.6% 1.13% +0.28
TMSL T.rowe PRC Small-Mid Cap ETF New 0.27% +0.27
GEV GE Vernova Inc. New 0.20% +0.20
VXF Vanguard Extended Market ETF Add +140.9% 0.29% +0.17
CSCO Cisco Systems Inc. Add +10.4% 0.61% +0.16
VB Vanguard Most SM-Cap ETF-Usd Add +7.6% 10.57% +0.16
CAT Caterpillar Inc. Add +2.6% 0.78% +0.16
ET Energy Transfer LP New 0.16% +0.16
LLY Eli Lilly & Co. Add +10.9% 1.00% +0.15
AMZN Amazon.com Inc. Add +25.3% 1.04% +0.15
CRWD CrowdStrike Holdings Inc. Class A New 0.15% +0.15
GOOG Alphabet Inc. Class C Add +15.5% 1.01% +0.14
C Citigroup Inc. New 0.13% +0.13
LRCX Lam Research Corp. New 0.12% +0.12
DELL Dell Technologies -C New 0.12% +0.12
ELV Elevance Health Inc. New 0.11% +0.11
TXN Texas Instruments Inc. Add +3.1% 0.50% +0.11
ASML ASML Holding NV-NY Reg SHS New 0.11% +0.11
FNDF Schwab Fndmn Intl LRG Co. ETF New 0.09% +0.09
APH Amphenol Corp. Class A New 0.09% +0.09
KMB Kimberly-Clark Corp. Add +42.4% 0.35% +0.09
PWR Quanta Services Inc. New 0.09% +0.09
HD Home Depot Inc. Add +36.6% 0.52% +0.08
GE General Electric Add +134.0% 0.14% +0.08
V Visa Inc. Class A Add +35.2% 0.40% +0.08
CRH CRH PLC New 0.07% +0.07
PNFP Pinnacle Financial Partners New 0.07% +0.07
VHT Vanguard Health Care ETF Add +14.8% 2.60% +0.07
NVDA Nvidia Corp. Add +28.3% 0.39% +0.06
INTC Intel Corp. New 0.06% +0.06
CFG Citizens Financial Group New 0.06% +0.06
GS Goldman Sachs Group Inc. Add +52.7% 0.18% +0.06
BAC Bank of America Corp. Add +65.6% 0.16% +0.06
HCA HCA Healthcare Inc. New 0.06% +0.06
NTRS Northern Trust Corp. Add +12.8% 0.44% +0.06
PH Parker Hannifin Corp. New 0.05% +0.05
FANG Diamondback Energy Inc. New 0.05% +0.05
LIN Linde PLC Add +141.2% 0.10% +0.05
AZN Astrazeneca PLC New 0.05% +0.05
MS Morgan Stanley New 0.05% +0.05
ANET Arista Networks Inc. New 0.05% +0.05
SNPS Synopsys Inc. New 0.04% +0.04
WELL Welltower Inc. New 0.04% +0.04
STX Seagate Technology Holdings New 0.04% +0.04
ROKU Roku Inc. New 0.04% +0.04
NKE Nike Inc. Class B Add +78.2% 0.35% +0.04
TOST Toast Inc. Class A New 0.04% +0.04
MDT Medtronic PLC Add +56.6% 0.30% +0.04
ECL Ecolab Inc. New 0.04% +0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 156$530.2MVB, VO, SPHQ, VYM, RSP
Q1 2026 133$432.4MVB, VO, SPHQ, VYM, RSP
Q4 2025 133$427.3MVB, VO, SPHQ, VYM, RSP
Q3 2025 132$410.7MVB, VO, SPHQ, COWZ, VEU
Q2 2025Amended 128$381.9MVB, VO, SPHQ, COWZ, VEU
Q1 2025 125$353.4MVO, VB, SPHQ, COWZ, VEU
Q4 2024 119$349.8MVB, VO, SPHQ, COWZ, VEU
Q3 2024 125$352.5MVO, VB, SPHQ, VEU, VYM
Q2 2024 120$324.9MVO, VB, SPHQ, VEU, VYM
Q1 2024 120$316.5MVO, VB, SPHQ, SHY, VEU