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Portfolio (Quarterly) Guide ↗

BALLAST ADVISORS LLC

· CIK 0001803415
13F Portfolio $344M AUM 394 positions Filed May 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 225 New 40 Added 65 Reduced 7 Exited
Page 5 of 20  ·  393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 GEV GE VERNOVA Utilities 420.0 $367K 0.11% +15.0 +3.7% $873.81 +14.0%
82 WM WASTE MGMT INC DEL COM Industrials 1,579.0 $363K 0.11% $229.89 -6.7%
83 PG PROCTER AND GAMBLE CO COM Consumer Defensive 2,489.0 $360K 0.10% -912.0 -26.8% $144.64 +0.9%
84 CTAS CINTAS CORP COM Industrials 2,103.0 $356K 0.10% -16.0 -0.8% $169.28 +2.2%
85 CSCO CISCO SYS INC COM Technology 4,412.0 $342K 0.10% $77.52 +53.1%
86 AMAT APPLIED MATLS INC COM Technology 982.0 $336K 0.10% $342.16 +31.4%
87 IWX ISHARES RUSSELL TOP 200 VALUE ETF 3,606.0 $334K 0.10% $92.62 +12.0%
88 DCI DONALDSON INC COM Industrials 3,736.0 $317K 0.09% $84.85 -1.8%
89 SUB ISHARES SHORT-TERM NATIONAL MUNI BOND ETF 2,949.0 $314K 0.09% -145.0 -4.7% $106.48 +0.0%
90 TJX TJX COS INC NEW COM Consumer Cyclical 1,953.0 $312K 0.09% -519.0 -21.0% $159.75 -3.0%
91 UNH UNITEDHEALTH GROUP INC COM Healthcare 1,114.0 $301K 0.09% -28.0 -2.5% $270.20 +41.6%
92 MUB ISHARES NATIONAL MUNI BOND ETF 2,793.0 $296K 0.09% -282.0 -9.2% $105.98 +1.0%
93 CVS CVS HEALTH CORP COM Healthcare 4,083.0 $293K 0.09% +41.0 +1.0% $71.76 +29.6%
94 XEL XCEL ENERGY INC COM Utilities 3,634.0 $289K 0.08% -431.0 -10.6% $79.53 -0.3%
95 CMI CUMMINS INC COM Industrials 532.0 $286K 0.08% -50.0 -8.6% $537.59 +24.4%
96 BAC BANK AMER CORP COM Financial Services 5,715.0 $279K 0.08% +226.0 +4.1% $48.82 +4.0%
97 SHOP SHOPIFY INC FCLASS A Technology 2,322.0 $275K 0.08% $118.43 -2.9%
98 RTX RAYTHEON TECHNOLOGIES CORP Industrials 1,412.0 $272K 0.08% $192.63 -7.1%
99 SPYG SPDR PORTFOLIO S&P 500 GROWTH ETF 2,753.0 $270K 0.08% -22.0 -0.8% $98.07 +23.2%
100 SBUX STARBUCKS CORP COM Consumer Cyclical 2,989.0 $268K 0.08% -286.0 -8.7% $89.66 +12.4%
Page 5 of 20  ·  393 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 37.4%
Financial Services 15.9%
Energy 12.6%
Consumer Cyclical 7.1%
Industrials 6.6%
Communication Services 6.1%
Healthcare 5.9%
Consumer Defensive 4.9%
Basic Materials 2.4%
Utilities 1.0%