Filed: 11/7/2025ACC: 0001172661-25-004628
📋 What this filing means
BALLAST, INC. filed this quarterly 13F‑HR report disclosing 132 equity positions with a total reported market value of $412.69M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
132
Positions
$412.69M
Total AUM (reported)
3.45M
Total Shares
Allocation by class
COM$115.47M28.0%
SMALL CP ETF$42.58M10.3%
MID CAP ETF$40.15M9.7%
S&P500 QUALITY$26.58M6.4%
US CASH COWS 100$19.01M4.6%
ALLWRLD EX US$17.79M4.3%
S&P500 EQL WGT$17.40M4.2%
Portfolio Concentration
Top 3$109.31M26.5%
4–10$116.72M28.3%
11–25$92.45M22.4%
Rest$94.21M22.8%
Top 3 weight
26.5%
Top 10 weight
54.8%
Voting Authority Distribution
Total shares with voting rights: 3.45M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
3.45M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole132
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings132
Rows:
VANGUARD INDEX FDS
SOLEShares167.44K
TypeSH
Market value$42.58M
10.32%
Sole
0.00
Shared
0.00
None
167.44K
VANGUARD INDEX FDS
SOLEShares136.68K
TypeSH
Market value$40.15M
9.73%
Sole
0.00
Shared
0.00
None
136.68K
INVESCO EXCHANGE TRADED FD T
SOLEShares362.68K
TypeSH
Market value$26.58M
6.44%
Sole
0.00
Shared
0.00
None
362.68K
PACER FDS TR
SOLEShares330.81K
TypeSH
Market value$19.01M
4.61%
Sole
0.00
Shared
0.00
None
330.81K
VANGUARD INTL EQUITY INDEX F
SOLEShares249.33K
TypeSH
Market value$17.79M
4.31%
Sole
0.00
Shared
0.00
None
249.33K
INVESCO EXCHANGE TRADED FD T
SOLEShares91.72K
TypeSH
Market value$17.40M
4.22%
Sole
0.00
Shared
0.00
None
91.72K
ISHARES TR
SOLEShares205.11K
TypeSH
Market value$17.02M
4.12%
Sole
0.00
Shared
0.00
None
205.11K
VANGUARD WHITEHALL FDS
SOLEShares119.69K
TypeSH
Market value$16.87M
4.09%
Sole
0.00
Shared
0.00
None
119.69K
INVESCO EXCH TRADED FD TR II
SOLEShares205.01K
TypeSH
Market value$15.06M
3.65%
Sole
0.00
Shared
0.00
None
205.01K
APPLE INC
SOLEShares53.26K
TypeSH
Market value$13.56M
3.29%
Sole
0.00
Shared
0.00
None
53.26K
ISHARES TR
SOLEShares396.93K
TypeSH
Market value$12.55M
3.04%
Sole
0.00
Shared
0.00
None
396.93K
ISHARES TR
SOLEShares24.96K
TypeSH
Market value$11.69M
2.83%
Sole
0.00
Shared
0.00
None
24.96K
VANGUARD WORLD FD
SOLEShares38.88K
TypeSH
Market value$10.09M
2.45%
Sole
0.00
Shared
0.00
None
38.88K
MICROSOFT CORP
SOLEShares16.18K
TypeSH
Market value$8.38M
2.03%
Sole
0.00
Shared
0.00
None
16.18K
ISHARES TR
SOLEShares39.17K
TypeSH
Market value$7.98M
1.93%
Sole
0.00
Shared
0.00
None
39.17K
GREEN BRICK PARTNERS INC
SOLEShares73.49K
TypeSH
Market value$5.43M
1.32%
Sole
0.00
Shared
0.00
None
73.49K
UNITEDHEALTH GROUP INC
SOLEShares15.69K
TypeSH
Market value$5.42M
1.31%
Sole
0.00
Shared
0.00
None
15.69K
BERKSHIRE HATHAWAY INC DEL
SOLEShares9.92K
TypeSH
Market value$4.99M
1.21%
Sole
0.00
Shared
0.00
None
9.92K
JPMORGAN CHASE & CO.
SOLEShares13.86K
TypeSH
Market value$4.37M
1.06%
Sole
0.00
Shared
0.00
None
13.86K
JOHNSON & JOHNSON
SOLEShares23.19K
TypeSH
Market value$4.30M
1.04%
Sole
0.00
Shared
0.00
None
23.19K
VANGUARD WORLD FD
SOLEShares5.50K
TypeSH
Market value$4.11M
1.00%
Sole
0.00
Shared
0.00
None
5.50K
AMAZON COM INC
SOLEShares16.97K
TypeSH
Market value$3.73M
0.90%
Sole
0.00
Shared
0.00
None
16.97K
ALPHABET INC
SOLEShares14.06K
TypeSH
Market value$3.42M
0.83%
Sole
0.00
Shared
0.00
None
14.06K
ELI LILLY & CO
SOLEShares4.36K
TypeSH
Market value$3.33M
0.81%
Sole
0.00
Shared
0.00
None
4.36K
COSTCO WHSL CORP NEW
SOLEShares2.88K
TypeSH
Market value$2.67M
0.65%
Sole
0.00
Shared
0.00
None
2.88K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | SMALL CP ETF | 167.44K | SH | $42.58M 10.32% | 0.00 | 0.00 | 167.44K |
VANGUARD INDEX FDSSOLE | MID CAP ETF | 136.68K | SH | $40.15M 9.73% | 0.00 | 0.00 | 136.68K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 QUALITY | 362.68K | SH | $26.58M 6.44% | 0.00 | 0.00 | 362.68K |
PACER FDS TRSOLE | US CASH COWS 100 | 330.81K | SH | $19.01M 4.61% | 0.00 | 0.00 | 330.81K |
VANGUARD INTL EQUITY INDEX FSOLE | ALLWRLD EX US | 249.33K | SH | $17.79M 4.31% | 0.00 | 0.00 | 249.33K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 91.72K | SH | $17.40M 4.22% | 0.00 | 0.00 | 91.72K |
ISHARES TRSOLE | 1 3 YR TREAS BD | 205.11K | SH | $17.02M 4.12% | 0.00 | 0.00 | 205.11K |
VANGUARD WHITEHALL FDSSOLE | HIGH DIV YLD | 119.69K | SH | $16.87M 4.09% | 0.00 | 0.00 | 119.69K |
INVESCO EXCH TRADED FD TR IISOLE | S&P500 LOW VOL | 205.01K | SH | $15.06M 3.65% | 0.00 | 0.00 | 205.01K |
APPLE INCSOLE | COM | 53.26K | SH | $13.56M 3.29% | 0.00 | 0.00 | 53.26K |
ISHARES TRSOLE | PFD AND INCM SEC | 396.93K | SH | $12.55M 3.04% | 0.00 | 0.00 | 396.93K |
ISHARES TRSOLE | RUS 1000 GRW ETF | 24.96K | SH | $11.69M 2.83% | 0.00 | 0.00 | 24.96K |
VANGUARD WORLD FDSOLE | HEALTH CAR ETF | 38.88K | SH | $10.09M 2.45% | 0.00 | 0.00 | 38.88K |
MICROSOFT CORPSOLE | COM | 16.18K | SH | $8.38M 2.03% | 0.00 | 0.00 | 16.18K |
ISHARES TRSOLE | RUS 1000 VAL ETF | 39.17K | SH | $7.98M 1.93% | 0.00 | 0.00 | 39.17K |
GREEN BRICK PARTNERS INCSOLE | COM | 73.49K | SH | $5.43M 1.32% | 0.00 | 0.00 | 73.49K |
UNITEDHEALTH GROUP INCSOLE | COM | 15.69K | SH | $5.42M 1.31% | 0.00 | 0.00 | 15.69K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 9.92K | SH | $4.99M 1.21% | 0.00 | 0.00 | 9.92K |
JPMORGAN CHASE & CO.SOLE | COM | 13.86K | SH | $4.37M 1.06% | 0.00 | 0.00 | 13.86K |
JOHNSON & JOHNSONSOLE | COM | 23.19K | SH | $4.30M 1.04% | 0.00 | 0.00 | 23.19K |
VANGUARD WORLD FDSOLE | INF TECH ETF | 5.50K | SH | $4.11M 1.00% | 0.00 | 0.00 | 5.50K |
AMAZON COM INCSOLE | COM | 16.97K | SH | $3.73M 0.90% | 0.00 | 0.00 | 16.97K |
ALPHABET INCSOLE | CAP STK CL C | 14.06K | SH | $3.42M 0.83% | 0.00 | 0.00 | 14.06K |
ELI LILLY & COSOLE | COM | 4.36K | SH | $3.33M 0.81% | 0.00 | 0.00 | 4.36K |
COSTCO WHSL CORP NEWSOLE | COM | 2.88K | SH | $2.67M 0.65% | 0.00 | 0.00 | 2.88K |
Page 1 of 6
…