Ballast, Inc. — 13F Holdings & Portfolio

CIK 1730477 · latest 13F-HR filed 2026-07-10

Ballast, Inc. manages $530.2M in 13F-reported U.S. long-equity assets across 156 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VB (10.57%), VO (9.37%), SPHQ (6.27%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 31 new positions, exited 8, added to 87, and trimmed 10.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
400 EAST VINE STREET
SUITE 400
LEXINGTON, KY 40507
Phone
(859) 226-0625
Filing Manager
Ballast, Inc.
Lexington, KY
Signatory
John Boardman
President
Loading holdings…
AUM

$530.2M

Long-equity book

Holdings

156

Distinct positions

Period

2026-06-30

Filed 2026-07-10

Q/Q Activity

+31 / −8 / ↑87 / ↓10

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • VANGUARD INDEX FDS$11.0M +24.5%
  • VANGUARD INDEX FDS$9.2M +22.8%
  • MICRON TECHNOLOGY INC$5.4M +163.3%
  • INVESCO EXCHANGE TRADED FD T$5.0M +17.7%
  • ADVANCED MICRO DEVICES INC$3.3M +185.0%
Show all 87

Top Trims

  • PEPSICO INC-$248.0K -18.1%
  • CONOCOPHILLIPS-$111.1K -23.5%
  • MCDONALDS CORP-$105.6K -14.6%
  • NORTHROP GRUMMAN CORP-$96.8K -25.3%
  • CHEVRON CORPORATION-$89.9K -19.9%
Show all 10

New Positions

  • DUPONT DE NEMOURS INC$1.7M
  • T ROWE PRICE EXCHANGE-TRADED$1.4M
  • HONEYWELL INTL INC$1.1M
  • HONEYWELL AEROSPACE INC$1.0M
  • GE VERNOVA INC$1.0M
Show all 31

Exited Positions

  • EXXON MOBIL CORP$2.8M
  • HONEYWELL INTL INC$1.7M
  • DUPONT DE NEMOURS INC$1.3M
  • AT&T INC$262.6K
  • COGNIZANT TECHNOLOGY SOLUTIO$239.8K
Show all 8
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD INDEX FDS VB 922908751 $56.0M 10.57% 184,845 SH
2 VANGUARD INDEX FDS VO 922908629 $49.7M 9.37% 616,950 SH
3 INVESCO EXCHANGE TRADED FD T SPHQ 46137V241 $33.2M 6.27% 368,869 SH
4 VANGUARD WHITEHALL FDS VYM 921946406 $23.7M 4.47% 150,142 SH
5 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $21.3M 4.01% 99,938 SH
6 VANGUARD INTL EQUITY INDEX F VEU 922042775 $20.7M 3.90% 247,007 SH
7 ISHARES TR SHY 464287457 $20.2M 3.81% 245,825 SH
8 ISHARES TR IWD 464287598 $18.0M 3.39% 74,114 SH
9 ISHARES TR IWF 464287614 $15.0M 2.83% 120,713 SH
10 APPLE INC AAPL 037833100 $14.7M 2.78% 50,867 SH
11 VANGUARD WORLD FD VHT 92204A504 $13.8M 2.60% 46,127 SH
12 ISHARES TR PFF 464288687 $13.7M 2.59% 450,713 SH
13 INVESCO EXCH TRADED FD TR II SPLV 46138E354 $13.0M 2.45% 173,437 SH
14 PACER FDS TR COWZ 69374H881 $12.1M 2.29% 195,254 SH
15 MICRON TECHNOLOGY INC MU 595112103 $8.8M 1.65% 7,591 SH
16 UNITEDHEALTH GROUP INC UNH 91324P102 $7.3M 1.37% 17,484 SH
17 MICROSOFT CORP MSFT 594918104 $6.8M 1.29% 18,334 SH
18 JOHNSON & JOHNSON JNJ 478160104 $6.4M 1.21% 25,218 SH
19 VANGUARD WORLD FD VGT 92204A702 $6.0M 1.13% 50,009 SH
20 GREEN BRICK PARTNERS INC GRBK 392709101 $5.9M 1.11% 73,494 SH
21 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $5.6M 1.05% 11,139 SH
22 AMAZON COM INC AMZN 023135106 $5.5M 1.04% 23,220 SH
23 ALPHABET INC GOOG 02079K107 $5.4M 1.01% 15,191 SH
24 ELI LILLY & CO LLY 532457108 $5.3M 1.00% 4,427 SH
25 JPMORGAN CHASE & CO JPM 46625H100 $5.2M 0.98% 15,817 SH
26 ADVANCED MICRO DEVICES INC AMD 007903107 $5.1M 0.96% 8,751 SH
27 CATERPILLAR INC CAT 149123101 $4.1M 0.78% 3,881 SH
28 ALPHABET INC GOOGL 02079K305 $3.5M 0.67% 9,883 SH
29 COSTCO WHOLESALE CORPORATION COST 22160K105 $3.3M 0.62% 3,501 SH
30 CISCO SYS INC CSCO 17275R102 $3.3M 0.61% 27,711 SH
31 WALMART INC WMT 931142103 $3.0M 0.56% 26,066 SH
32 PROCTER & GAMBLE CO PG 742718109 $2.9M 0.55% 19,969 SH
33 HOME DEPOT INC HD 437076102 $2.7M 0.52% 7,796 SH
34 DEERE & CO DE 244199105 $2.7M 0.52% 4,311 SH
35 RTX CORPORATION RTX 75513E101 $2.7M 0.50% 14,050 SH
36 CORNING INC GLW 219350105 $2.7M 0.50% 10,415 SH
37 TEXAS INSTRS INC TXN 882508104 $2.6M 0.50% 8,827 SH
38 TARGET CORP TGT 87612E106 $2.6M 0.48% 19,604 SH
39 TRAVELERS COMPANIES INC TRV 89417E109 $2.6M 0.48% 7,752 SH
40 ISHARES TR LQD 464287242 $2.5M 0.47% 23,051 SH
41 VANGUARD INTL EQUITY INDEX F VWO 922042858 $2.5M 0.46% 41,198 SH
42 DUKE ENERGY CORP NEW DUK 26441C204 $2.5M 0.46% 19,358 SH
43 TRUIST FINL CORP TFC 89832Q109 $2.4M 0.46% 48,831 SH
44 NORTHERN TR CORP NTRS 665859104 $2.3M 0.44% 13,290 SH
45 CONSOLIDATED EDISON INC ED 209115104 $2.3M 0.43% 20,525 SH
46 ISHARES TR AGG 464287226 $2.3M 0.43% 22,776 SH
47 VISA INC V 92826C839 $2.1M 0.40% 6,234 SH
48 NVIDIA CORPORATION NVDA 67066G104 $2.0M 0.39% 10,203 SH
49 CHUBB LIMITED CB H1467J104 $2.0M 0.38% 5,986 SH
50 BOEING CO BA 097023105 $2.0M 0.38% 9,406 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-10 $530.2M 156 0001172661-26-002544
2026-03-31 2026-05-15 $432.4M 133 0001172661-26-002204
2025-12-31 2026-02-03 $427.3M 133 0001172661-26-000458
2025-09-30 2025-11-07 $412.7M 134 0001172661-25-004628