Ballast, Inc. — 13F Holdings & Portfolio
CIK 1730477 · latest 13F-HR filed 2026-05-15
Ballast, Inc. manages $432.4M in 13F-reported U.S. long-equity assets across 133 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are VB (10.40%), VO (9.36%), SPHQ (6.53%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 4, added to 46, and trimmed 41.
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.
$432.4M
Long-equity book
133
Distinct positions
2026-03-31
Filed 2026-05-15
+4 / −4 / ↑46 / ↓41
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- VANGUARD WHITEHALL FDS$1.3M +6.4%
- CATERPILLAR INC$1.1M +65.1%
- JOHNSON & JOHNSON$955.7K +20.3%
- ISHARES TR$921.8K +6.2%
- CORNING INC$528.8K +55.3%
Top Trims
- MICROSOFT CORP-$1.5M -19.2%
- APPLE INC-$1.0M -7.4%
- ISHARES TR-$1.0M -7.4%
- UNITEDHEALTH GROUP INC-$1.0M -19.3%
- VANGUARD INDEX FDS-$718.8K -55.4%
New Positions
- SELECT SECTOR SPDR TR$245.0K
- LOCKHEED MARTIN CORP$230.3K
- LINDE PLC$210.7K
- ISHARES TR$204.8K
Exited Positions
- VANGUARD STAR FDS$733.6K
- VANGUARD CHARLOTTE FDS$336.0K
- ACCENTURE PLC IRELAND$249.5K
- MOODYS CORP$227.3K
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 | $45.0M | 10.40% | 171,762 | SH |
| 2 | VANGUARD INDEX FDS | VO | 922908629 | $40.5M | 9.36% | 140,974 | SH |
| 3 | INVESCO EXCHANGE TRADED FD T | SPHQ | 46137V241 | $28.2M | 6.53% | 375,405 | SH |
| 4 | VANGUARD WHITEHALL FDS | VYM | 921946406 | $22.1M | 5.12% | 149,339 | SH |
| 5 | INVESCO EXCHANGE TRADED FD T | RSP | 46137V357 | $18.7M | 4.32% | 97,331 | SH |
| 6 | VANGUARD INTL EQUITY INDEX F | VEU | 922042775 | $18.3M | 4.23% | 243,788 | SH |
| 7 | ISHARES TR | SHY | 464287457 | $18.3M | 4.23% | 221,415 | SH |
| 8 | ISHARES TR | IWD | 464287598 | $15.9M | 3.67% | 74,187 | SH |
| 9 | ISHARES TR | PFF | 464288687 | $13.0M | 3.00% | 428,201 | SH |
| 10 | APPLE INC | AAPL | 037833100 | $12.9M | 2.99% | 50,867 | SH |
| 11 | ISHARES TR | IWF | 464287614 | $12.8M | 2.96% | 30,011 | SH |
| 12 | INVESCO EXCH TRADED FD TR II | SPLV | 46138E354 | $12.5M | 2.89% | 170,890 | SH |
| 13 | PACER FDS TR | COWZ | 69374H881 | $12.4M | 2.88% | 198,841 | SH |
| 14 | VANGUARD WORLD FD | VHT | 92204A504 | $10.9M | 2.53% | 40,198 | SH |
| 15 | MICROSOFT CORP | MSFT | 594918104 | $6.3M | 1.47% | 17,141 | SH |
| 16 | JOHNSON & JOHNSON | JNJ | 478160104 | $5.7M | 1.31% | 23,130 | SH |
| 17 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $5.2M | 1.20% | 10,862 | SH |
| 18 | GREEN BRICK PARTNERS INC | GRBK | 392709101 | $4.7M | 1.10% | 73,494 | SH |
| 19 | UNITEDHEALTH GROUP INC | UNH | 91324P102 | $4.2M | 0.98% | 15,693 | SH |
| 20 | JPMORGAN CHASE & CO | JPM | 46625H100 | $4.1M | 0.96% | 14,086 | SH |
| 21 | AMAZON COM INC | AMZN | 023135106 | $3.9M | 0.89% | 18,525 | SH |
| 22 | ALPHABET INC | GOOG | 02079K107 | $3.8M | 0.87% | 13,157 | SH |
| 23 | VANGUARD WORLD FD | VGT | 92204A702 | $3.7M | 0.85% | 5,273 | SH |
| 24 | ELI LILLY & CO | LLY | 532457108 | $3.7M | 0.85% | 3,993 | SH |
| 25 | MICRON TECHNOLOGY INC | MU | 595112103 | $3.3M | 0.77% | 9,850 | SH |
| 26 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $3.0M | 0.70% | 3,026 | SH |
| 27 | WALMART INC | WMT | 931142103 | $2.9M | 0.68% | 23,600 | SH |
| 28 | ALPHABET INC | GOOGL | 02079K305 | $2.9M | 0.66% | 9,935 | SH |
| 29 | EXXON MOBIL CORP | XOM | 30231G102 | $2.8M | 0.65% | 16,454 | SH |
| 30 | CATERPILLAR INC | CAT | 149123101 | $2.7M | 0.62% | 3,781 | SH |
| 31 | ISHARES TR | LQD | 464287242 | $2.5M | 0.58% | 22,831 | SH |
| 32 | PROCTER & GAMBLE CO | PG | 742718109 | $2.5M | 0.57% | 17,017 | SH |
| 33 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $2.4M | 0.56% | 44,842 | SH |
| 34 | ISHARES TR | AGG | 464287226 | $2.2M | 0.52% | 22,572 | SH |
| 35 | RTX CORPORATION | RTX | 75513E101 | $2.1M | 0.49% | 11,035 | SH |
| 36 | DEERE & CO | DE | 244199105 | $2.1M | 0.49% | 3,732 | SH |
| 37 | DUKE ENERGY CORP NEW | DUK | 26441C204 | $2.1M | 0.48% | 15,948 | SH |
| 38 | TARGET CORP | TGT | 87612E106 | $2.0M | 0.46% | 16,474 | SH |
| 39 | CISCO SYS INC | CSCO | 17275R102 | $1.9M | 0.45% | 25,102 | SH |
| 40 | TRAVELERS COMPANIES INC | TRV | 89417E109 | $1.9M | 0.44% | 6,584 | SH |
| 41 | CONSOLIDATED EDISON INC | ED | 209115104 | $1.9M | 0.43% | 16,616 | SH |
| 42 | HOME DEPOT INC | HD | 437076102 | $1.9M | 0.43% | 5,705 | SH |
| 43 | TRUIST FINL CORP | TFC | 89832Q109 | $1.8M | 0.42% | 39,641 | SH |
| 44 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $1.8M | 0.41% | 8,768 | SH |
| 45 | HALLIBURTON CO | HAL | 406216101 | $1.7M | 0.40% | 44,543 | SH |
| 46 | HONEYWELL INTL INC | HON | 438516106 | $1.7M | 0.39% | 7,506 | SH |
| 47 | TEXAS INSTRS INC | TXN | 882508104 | $1.7M | 0.38% | 8,559 | SH |
| 48 | NORTHERN TR CORP | NTRS | 665859104 | $1.6M | 0.38% | 11,783 | SH |
| 49 | CHUBB LTD SWITZ | CB | H1467J104 | $1.6M | 0.36% | 4,811 | SH |
| 50 | BOEING CO | BA | 097023105 | $1.5M | 0.35% | 7,584 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 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 |