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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 8 of 20  ·  393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 T AT&T INC COM Communication Services 4,205.0 $122K 0.04% NEW $29.01 -14.2%
142 CDNS CADENCE DESIGN SYSTEM INC COM Technology 437.0 $121K 0.04% NEW $276.89 +35.0%
143 MDU MDU RESOURCES GROUP INC Industrials 5,841.0 $121K 0.04% NEW $20.72 +4.0%
144 AMT AMERICAN TOWER CORP Real Estate 691.0 $119K 0.04% NEW $172.21 +8.4%
145 TLT ISHARES TWENTY YEAR TREASURY BOND ETF 1,341.0 $116K 0.03% -426.0 -24.1% $86.50 -0.9%
146 USB US BANCORP DEL COM NEW Financial Services 2,132.0 $111K 0.03% NEW $52.06 +5.0%
147 AMD ADVANCED MICRO DEVICES INC COM Technology 541.0 $110K 0.03% NEW $203.33 +154.8%
148 GNTX GENTEX CORP COM Consumer Cyclical 5,040.0 $110K 0.03% NEW $21.83 +10.3%
149 SCHD SCHWAB US DIVIDEND EQUITY ETF 3,561.0 $109K 0.03% $30.61 +6.6%
150 WFC WELLS FARGO CO NEW COM Financial Services 1,354.0 $108K 0.03% NEW $79.76 -4.6%
151 VTI VANGUARD TOTAL STOCK MARKET INDEX FUND 336.0 $108K 0.03% -12.0 -3.5% $321.43 +15.6%
152 F FORD MOTOR COMPANY Consumer Cyclical 9,249.0 $107K 0.03% NEW $11.57 +44.1%
153 PHO POWERSHARES WATER RESC 1,592.0 $106K 0.03% NEW $66.58 -1.3%
154 WPC W.P. CAREY INC. REIT Real Estate 1,552.0 $105K 0.03% NEW $67.65 +9.9%
155 SLYG SPDR S&P 600 SMALL CAP GROWTH ETF 1,071.0 $103K 0.03% $96.17 +14.1%
156 PFE PFIZER INC COM Healthcare 3,683.0 $103K 0.03% NEW $27.97 -6.5%
157 MDYG SPDR S&P 400 MID CAP GROWTH ETF 1,059.0 $102K 0.03% $96.32 +12.5%
158 KNF KNIFE RIVER HOLDING CO Basic Materials 1,187.0 $97K 0.03% NEW $81.72 -3.6%
159 ET ENERGY TRANSFER LP Energy 4,961.0 $96K 0.03% NEW $19.35 +0.4%
160 SPSM SPDR RUSSELL 2000 ETF 1,938.0 $94K 0.03% $48.50 +12.1%
Page 8 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%