BALLAST ADVISORS LLC
Long book
$343.6M
Q1 2026
Positions
400
Top-10 weight
61%
concentration
Last quarter
+12.0%
SPY +14.8%
Turnover
59%
of book per quarter
Strategy in plain words
auto-generated from filingsBALLAST ADVISORS LLC is a wealth-management firm allocating client money, running a $343.6M US long book across 400 positions.
The portfolio is concentrated: the top 10 names carry 61% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SCHWAB US LARGE-CAP VALUE, SCHWAB US LARGE-CAP ETF, SCHWAB INTL EQUITY ETF, SCHWAB US LARGE-CAP GROWTH, ISHARES CORE U.S. AGGREGATE.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.0%
Q2 2024
+5.7%
Q3 2024
+0.9%
Q4 2024
-2.1%
Q1 2025
+7.9%
Q2 2025
+7.2%
Q3 2025
+2.1%
Q4 2025
-2.6%
Q1 2026
+12.0%
Sector allocation
Technology 36%
Financials 16%
Utilities 10%
Services media 8%
Consumer discretionary 8%
Industrials 7%
Energy 4%
Healthcare 4%
Long book by quarter
What does BALLAST ADVISORS own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 82.0K | $19.3M | 5.6% | -1.8% |
| JPM JPMORGAN CHASE & CO | Financials | 41.0K | $12.1M | 3.5% | +0.3% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 310.5K | $11.8M | 3.4% | +0.5% |
| MSFT MICROSOFT CORP | Technology | 25.9K | $9.6M | 2.8% | +1.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 12.3K | $5.9M | 1.7% | +2.8% |
| NVDA NVIDIA CORP | Technology | 33.0K | $5.8M | 1.7% | +0.2% |
| UBER UBER TECHNOLOGIES INC | Services media | 64.9K | $4.7M | 1.4% | +0.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 21.3K | $4.4M | 1.3% | +4.1% |
| SLB SLB LTD | Energy | 82.6K | $4.2M | 1.2% | +2.3% |
| GOOGL ALPHABET INC-CL A | Technology | 14.6K | $4.2M | 1.2% | +5.4% |
| V VISA INC-CLASS A SHARES | Services media | 8.6K | $2.6M | 0.8% | +1.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.4K | $2.4M | 0.7% | +0.3% |
| META META PLATFORMS INC-CLASS A | Technology | 3.9K | $2.3M | 0.7% | +1.6% |
| BX BLACKSTONE INC | Financials | 19.0K | $2.2M | 0.6% | -0.9% |
| TSLA TESLA INC | Industrials | 4.8K | $1.8M | 0.5% | -1.4% |
| NXPI NXP SEMICONDUCTORS NV | Technology | 9.1K | $1.8M | 0.5% | +0.7% |
| ECL ECOLAB INC | Other | 6.5K | $1.7M | 0.5% | -5.0% |
| PEP PEPSICO INC | Consumer staples | 10.0K | $1.5M | 0.5% | +9.3% |
| GOOG ALPHABET INC-CL C | Technology | 5.2K | $1.5M | 0.4% | +0.2% |
| NTIC NORTHERN TECHNOLOGIES INTL | Industrials | 171.0K | $1.4M | 0.4% | Held |
| SYK STRYKER CORP | Healthcare | 4.2K | $1.4M | 0.4% | +2.5% |
| MCO MOODY'S CORP | Services media | 3.1K | $1.4M | 0.4% | +0.7% |
| ITW ILLINOIS TOOL WORKS | Industrials | 5.1K | $1.3M | 0.4% | -1.0% |
| KO COCA-COLA CO/THE | Consumer staples | 16.5K | $1.3M | 0.4% | -3.6% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 2.4K | $1.2M | 0.3% | -0.5% |
| DHR DANAHER CORP | Technology | 5.4K | $1.0M | 0.3% | +2.0% |
| MMM 3M CO | Healthcare | 6.4K | $923K | 0.3% | -5.1% |
| XOM EXXON MOBIL CORP | Energy | 5.4K | $909K | 0.3% | -6.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 3.6K | $879K | 0.3% | +1.2% |
| ACN ACCENTURE PLC-CL A | Services media | 4.3K | $860K | 0.3% | -16.4% |
| CVX CHEVRON CORP | Energy | 4.0K | $838K | 0.2% | -0.6% |
| WMT WALMART INC | Consumer discretionary | 6.6K | $815K | 0.2% | -1.7% |
| CMG CHIPOTLE MEXICAN GRILL INC | Consumer discretionary | 23.4K | $749K | 0.2% | -7.5% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 3.7K | $748K | 0.2% | -9.0% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 2.3K | $745K | 0.2% | +2.6% |
| FAST FASTENAL CO | Consumer discretionary | 15.7K | $727K | 0.2% | -6.5% |
| ORCL ORACLE CORP | Technology | 4.9K | $720K | 0.2% | +3.6% |
| HD HOME DEPOT INC | Consumer discretionary | 2.1K | $707K | 0.2% | -2.2% |
| GE GENERAL ELECTRIC | Industrials | 2.4K | $694K | 0.2% | +9.4% |
| ROP ROPER TECHNOLOGIES INC | Technology | 1.9K | $687K | 0.2% | -5.6% |
| NFLX NETFLIX INC | Services media | 6.2K | $593K | 0.2% | 0.0% |
| AXP AMERICAN EXPRESS CO | Financials | 1.9K | $583K | 0.2% | -1.3% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 2.3K | $555K | 0.2% | -7.2% |
| LMT LOCKHEED MARTIN CORP | Industrials | 874 | $528K | 0.2% | +1.2% |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 6.7K | $524K | 0.2% | -5.9% |
| ADBE ADOBE INC | Technology | 2.0K | $486K | 0.1% | -8.1% |
| CAT CATERPILLAR INC | Industrials | 676 | $479K | 0.1% | -4.1% |
| ABBV ABBVIE INC | Healthcare | 2.1K | $465K | 0.1% | -1.1% |
| AMGN AMGEN INC | Healthcare | 1.3K | $456K | 0.1% | -2.0% |
| HLT HILTON WORLDWIDE HOLDINGS IN | Services media | 1.4K | $439K | 0.1% | -7.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR/ARESTATEMENT | Jun 23, 2026 | 401 | $343.6M | canonical | SEC ↗ |
| Q1 2026 | 13F-HR | May 13, 2026 | 394 | $343.8M | SEC ↗ | |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 175 | $362.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 180 | $363.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 168 | $339.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 164 | $313.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 161 | $324.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 30, 2024 | 163 | $323.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 26, 2024 | 163 | $315.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 1, 2024 | 172 | $296.7M | canonical | SEC ↗ |