13F HOLDINGS REPORT

BALLAST ADVISORS LLC

Quarter ended Q1 2023 · Filed January 26, 2023 · Accession 0001398344-23-001091

Total Value

$228.4M

Positions

179

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (179)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SCHWAB STRATEGIC TR	808524409	414,562	$27.4M	11.98%
2	SCHWAB STRATEGIC TR	808524201	508,650	$23.0M	10.05%
3	SCHWAB STRATEGIC TR	808524805	598,974	$19.3M	8.45%
4	APPLE INC	AAPL	139,826	$18.2M	7.95%
5	SCHWAB STRATEGIC TR	808524300	258,595	$14.4M	6.29%
6	ISHARES TR	464287226	137,527	$13.3M	5.84%
7	ENTERPRISE PRODS PARTNERS L	293792107	333,282	$8.0M	3.52%
8	JPMORGAN CHASE & CO	VYLD	55,115	$7.4M	3.24%
9	SCHWAB STRATEGIC TR	808524102	132,037	$5.9M	2.59%
10	MICROSOFT CORP	MSFT	24,193	$5.8M	2.54%
11	SCHWAB STRATEGIC TR	808524706	214,753	$5.1M	2.23%
12	SCHWAB STRATEGIC TR	808524862	92,827	$4.5M	1.96%
13	SCHWAB STRATEGIC TR	808524607	100,163	$4.1M	1.78%
14	BERKSHIRE HATHAWAY INC DEL	BRK-A	11,008	$3.4M	1.49%
15	UBER TECHNOLOGIES INC	UBER	117,829	$2.9M	1.28%
16	BLACKSTONE INC	BX	34,450	$2.6M	1.12%
17	NORTHERN TECHNOLOGIES INTL C	NTRSO	191,000	$2.5M	1.11%
18	ISHARES TR	464287655	11,779	$2.1M	0.90%
19	ISHARES TR	464287432	20,000	$2.0M	0.87%
20	ISHARES TR	464287457	24,274	$2.0M	0.86%
21	SCHWAB STRATEGIC TR	808524839	37,399	$1.7M	0.75%
22	JOHNSON & JOHNSON	JNJ	9,310	$1.6M	0.72%
23	3M CO	MMM	13,249	$1.6M	0.70%
24	SCHWAB STRATEGIC TR	808524847	80,425	$1.6M	0.68%
25	CHEVRON CORP NEW	CVX	8,403	$1.5M	0.66%
26	VANGUARD WHITEHALL FDS	921946885	23,804	$1.5M	0.64%
27	AMAZON COM INC	AMZN	17,230	$1.4M	0.63%
28	SPDR INDEX SHS FDS	78463X889	48,648	$1.4M	0.63%
29	SPDR S&P 500 ETF TR	SPY	3,630	$1.4M	0.61%
30	ISHARES TR	464287200	3,602	$1.4M	0.61%
31	VISA INC	V	6,353	$1.3M	0.58%
32	ALPHABET INC	GOOG	13,554	$1.2M	0.52%
33	ISHARES TR	464287804	12,284	$1.2M	0.51%
34	ALIBABA GROUP HLDG LTD	BBAAY	11,100	$977,799	0.43%
35	ALPHABET INC	GOOG	9,512	$844,000	0.37%
36	ISHARES TR	464287614	3,845	$823,753	0.36%
37	CATERPILLAR INC	CAT	3,389	$811,869	0.36%
38	ISHARES TR	464287176	7,396	$787,230	0.34%
39	SELECT SECTOR SPDR TR	81369Y860	20,869	$770,692	0.34%
40	UNITEDHEALTH GROUP INC	UNH	1,445	$766,110	0.34%
41	EXXON MOBIL CORP	XOM	6,664	$735,039	0.32%
42	CVS HEALTH CORP	CVS	7,826	$729,285	0.32%
43	MEDTRONIC PLC	MDT	9,048	$703,211	0.31%
44	CANADIAN PAC RY LTD	13645T100	9,095	$678,396	0.30%
45	FASTENAL CO	FAST	13,700	$648,284	0.28%
46	HOME DEPOT INC	HD	2,022	$638,556	0.28%
47	COCA COLA CO	KO	9,520	$605,583	0.27%
48	STARBUCKS CORP	SBUX	6,057	$600,870	0.26%
49	HONEYWELL INTL INC	438516106	2,694	$577,272	0.25%
50	PEPSICO INC	PEP	3,131	$565,646	0.25%
51	SPDR SER TR	78464A813	6,535	$537,242	0.24%
52	PROCTER AND GAMBLE CO	742718109	3,517	$533,037	0.23%
53	PFIZER INC	PFE	9,982	$511,478	0.22%
54	LOCKHEED MARTIN CORP	LMT	1,018	$495,247	0.22%
55	AMGEN INC	AMGN	1,840	$483,258	0.21%
56	INTERNATIONAL BUSINESS MACHS	INTR	3,324	$468,372	0.21%
57	ABBVIE INC	ABBV	2,798	$452,122	0.20%
58	VANGUARD TAX-MANAGED FDS	921943858	10,345	$434,180	0.19%
59	XCEL ENERGY INC	XELLL	6,107	$428,196	0.19%
60	CINTAS CORP	CTAS	945	$426,781	0.19%
61	JANUS HENDERSON GROUP PLC	JHG	17,700	$416,304	0.18%
62	VANGUARD CHARLOTTE FDS	92203J407	8,603	$408,040	0.18%
63	MARRIOTT INTL INC NEW	571903202	2,714	$404,087	0.18%
64	ISHARES TR	464287440	4,101	$392,794	0.17%
65	COSTCO WHSL CORP NEW	22160K105	854	$389,851	0.17%
66	AMERICAN EXPRESS CO	AXP	2,621	$387,253	0.17%
67	VANGUARD INDEX FDS	922908736	1,802	$384,024	0.17%
68	APOGEE ENTERPRISES INC	APOG	8,617	$383,112	0.17%
69	VANGUARD MALVERN FDS	922020805	8,166	$381,434	0.17%
70	SPDR SER TR	78464A409	7,374	$373,653	0.16%
71	CISCO SYS INC	CSCO	7,830	$373,021	0.16%
72	MERCK & CO INC	MRK	3,263	$362,030	0.16%
73	VERIZON COMMUNICATIONS INC	VZ	9,091	$358,179	0.16%
74	ISHARES TR	464288158	3,310	$345,134	0.15%
75	MCDONALDS CORP	MCD	1,309	$344,961	0.15%
76	SPDR SER TR	78468R408	14,231	$344,959	0.15%
77	SCHWAB STRATEGIC TR	808524508	5,242	$343,928	0.15%
78	ISHARES TR	464288810	6,331	$332,821	0.15%
79	TESLA INC	TSLA	2,693	$331,724	0.15%
80	ISHARES TR	464288414	3,052	$322,047	0.14%
81	WALMART INC	WMT	2,262	$320,749	0.14%
82	NVIDIA CORPORATION	NVDA	2,185	$319,316	0.14%
83	ABBOTT LABS	ABLZF	2,897	$318,062	0.14%
84	ISHARES TR	464289438	2,627	$316,632	0.14%
85	ORACLE CORP	ORCL-PD	3,766	$307,833	0.13%
86	BRIDGEWATER BANCSHARES INC	BWBBP	16,600	$294,484	0.13%
87	LILLY ELI & CO	LLY	785	$287,184	0.13%
88	WASTE MGMT INC DEL	94106L109	1,785	$280,019	0.12%
89	ACCENTURE PLC IRELAND	ACN	1,045	$278,848	0.12%
90	UNION PAC CORP	UNP	1,295	$268,156	0.12%
91	OGE ENERGY CORP	OGE	6,673	$263,917	0.12%
92	ISHARES TR	46432F842	4,117	$253,754	0.11%
93	HILTON WORLDWIDE HLDGS INC	HLT	1,972	$249,182	0.11%
94	AT&T INC	T-PC	13,350	$245,774	0.11%
95	US BANCORP DEL	USB-PS	5,579	$243,301	0.11%
96	BANK AMERICA CORP	060505104	7,046	$233,364	0.10%
97	CUMMINS INC	CMI	922	$223,391	0.10%
98	TJX COS INC NEW	872540109	2,782	$221,447	0.10%
99	PHILIP MORRIS INTL INC	718172109	2,163	$218,917	0.10%
100	ISHARES TR	464289420	3,338	$216,870	0.09%
101	AMERICAN TOWER CORP NEW	03027X100	1,018	$215,673	0.09%
102	RESMED INC	RSMDF	1,017	$211,668	0.09%
103	SPDR SER TR	78464A300	2,848	$211,379	0.09%
104	LINDE PLC	LIN	645	$210,386	0.09%
105	SPDR SER TR	78464A508	5,312	$206,584	0.09%
106	INTEL CORP	INTC	7,804	$206,260	0.09%
107	DONALDSON INC	DCI	3,403	$200,335	0.09%
108	VANGUARD INDEX FDS	922908637	1,130	$196,846	0.09%
109	VANGUARD WORLD FDS	92204A702	616	$196,757	0.09%
110	ISHARES TR	464287465	2,813	$184,645	0.08%
111	ISHARES TR	464287481	1,906	$159,342	0.07%
112	FORD MTR CO DEL	345370860	13,207	$153,593	0.07%
113	ISHARES TR	464287408	1,024	$148,552	0.07%
114	VANGUARD INDEX FDS	922908744	1,057	$148,371	0.06%
115	VANGUARD INDEX FDS	922908553	1,765	$145,577	0.06%
116	SELECT SECTOR SPDR TR	81369Y886	2,003	$141,212	0.06%
117	LISTED FD TR	53656F664	4,432	$141,159	0.06%
118	SCHWAB STRATEGIC TR	808524870	2,659	$137,710	0.06%
119	VANGUARD INDEX FDS	922908751	725	$133,066	0.06%
120	ISHARES TR	464288448	4,826	$131,065	0.06%
121	SPDR SER TR	78464A201	1,686	$121,797	0.05%
122	VANGUARD WORLD FDS	92204A405	1,443	$119,379	0.05%
123	ISHARES TR	464287671	1,394	$113,639	0.05%
124	ISHARES TR	464287507	428	$103,529	0.05%
125	ISHARES TR	464287499	1,458	$98,342	0.04%
126	SPDR SER TR	78464A763	769	$96,210	0.04%
127	SCHWAB STRATEGIC TR	808524797	1,260	$95,180	0.04%
128	SPDR SER TR	78468R721	1,789	$81,614	0.04%
129	VANGUARD WHITEHALL FDS	921946406	752	$81,374	0.04%
130	ELEVANCE HEALTH INC	ELV	11,000	$80,909	0.04%
131	ISHARES TR	464288877	1,747	$80,141	0.04%
132	ISHARES TR	464287705	750	$75,600	0.03%
133	ISHARES TR	464288885	881	$73,793	0.03%
134	LISTED FD TR	53656F813	2,313	$73,366	0.03%
135	SPDR SER TR	78464A821	1,059	$69,195	0.03%
136	ISHARES TR	464287309	1,159	$67,802	0.03%
137	LISTED FD TR	53656F821	2,937	$67,154	0.03%
138	ISHARES TR	464287606	976	$66,661	0.03%
139	ISHARES TR	464287242	626	$65,999	0.03%
140	SPDR SER TR	78464A870	739	$61,337	0.03%
141	SPDR INDEX SHS FDS	78463X509	1,832	$60,383	0.03%
142	SELECT SECTOR SPDR TR	81369Y803	479	$59,607	0.03%
143	ISHARES TR	464287887	550	$59,438	0.03%
144	ISHARES TR	464287168	482	$58,129	0.03%
145	SPDR SER TR	78464A664	1,900	$55,157	0.02%
146	VANGUARD WORLD FDS	92204A207	247	$47,318	0.02%
147	ISHARES TR	464287630	338	$46,870	0.02%
148	ISHARES TR	464287689	208	$45,980	0.02%
149	ISHARES TR	464288661	373	$42,854	0.02%
150	SPDR SER TR	78464A854	884	$39,762	0.02%
151	VANGUARD INDEX FDS	922908629	181	$36,890	0.02%
152	ISHARES TR	464288687	1,158	$35,341	0.02%
153	SPDR SER TR	78468R739	750	$35,235	0.02%
154	SELECT SECTOR SPDR TR	81369Y605	1,030	$35,226	0.02%
155	SPDR SER TR	78464A839	531	$34,366	0.02%
156	SPDR INDEX SHS FDS	78463X749	798	$32,638	0.01%
157	SPDR SER TR	78468R788	726	$28,754	0.01%
158	SELECT SECTOR SPDR TR	81369Y506	284	$24,841	0.01%
159	SPDR INDEX SHS FDS	78463X194	903	$23,650	0.01%
160	SPDR INDEX SHS FDS	78463X301	223	$21,412	0.01%
161	SPDR SER TR	78464A284	314	$15,377	0.01%
162	SELECT SECTOR SPDR TR	81369Y308	185	$13,792	0.01%
163	SELECT SECTOR SPDR TR	81369Y209	95	$12,906	0.01%
164	SPDR INDEX SHS FDS	78463X400	149	$11,676	0.01%
165	VANGUARD WORLD FDS	92204A504	40	$9,922	0.00%
166	ISHARES TR	464288570	137	$9,835	0.00%
167	SCHWAB STRATEGIC TR	808524854	198	$9,748	0.00%
168	ISHARES TR	464287598	61	$9,251	0.00%
169	SPDR SER TR	78468R622	80	$7,200	0.00%
170	SELECT SECTOR SPDR TR	81369Y704	69	$6,776	0.00%
171	ISHARES TR	464288307	120	$6,466	0.00%
172	VANGUARD INDEX FDS	922908769	29	$5,545	0.00%
173	ISHARES TR	464287879	60	$5,479	0.00%
174	SPDR SER TR	78464A573	64	$5,427	0.00%
175	ISHARES TR	464287234	119	$4,510	0.00%
176	ISHARES TR	464287648	20	$4,290	0.00%
177	ISHARES TR	464288273	46	$2,598	0.00%
178	SPDR SER TR	78468R101	76	$2,196	0.00%
179	VANGUARD INDEX FDS	922908595	10	$2,005	0.00%