13F HOLDINGS REPORT

BALLAST ADVISORS LLC

Quarter ended Q1 2025 · Filed May 7, 2025 · Accession 0001398344-25-008869

Total Value

$313.8M

Positions

164

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (164)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SCHWAB STRATEGIC TR	808524409	1,135,998	$30.2M	9.62%
2	SCHWAB STRATEGIC TR	808524201	1,321,837	$29.2M	9.30%
3	SCHWAB STRATEGIC TR	808524805	1,270,692	$25.1M	8.01%
4	SCHWAB STRATEGIC TR	808524300	940,571	$23.6M	7.51%
5	APPLE INC	AAPL	92,848	$20.6M	6.57%
6	ISHARES TR	464287226	191,183	$18.9M	6.03%
7	SCHWAB STRATEGIC TR	808524862	539,544	$13.1M	4.19%
8	JPMORGAN CHASE & CO.	VYLD	45,873	$11.3M	3.59%
9	ENTERPRISE PRODS PARTNERS L	293792107	299,921	$10.2M	3.26%
10	MICROSOFT CORP	MSFT	27,093	$10.2M	3.24%
11	SCHWAB STRATEGIC TR	808524706	274,775	$7.6M	2.41%
12	BERKSHIRE HATHAWAY INC DEL	BRK-A	11,320	$6.0M	1.92%
13	SCHWAB STRATEGIC TR	808524102	263,758	$5.7M	1.81%
14	UBER TECHNOLOGIES INC	UBER	73,671	$5.4M	1.71%
15	SCHWAB STRATEGIC TR	808524607	191,477	$4.5M	1.43%
16	AMAZON COM INC	AMZN	20,725	$3.9M	1.26%
17	NVIDIA CORPORATION	NVDA	34,583	$3.7M	1.19%
18	VISA INC	V	8,364	$2.9M	0.93%
19	TAIWAN SEMICONDUCTOR MFG LTD	874039100	17,249	$2.9M	0.91%
20	SCHLUMBERGER LTD	SLB	62,768	$2.6M	0.84%
21	BLACKSTONE INC	BX	17,852	$2.5M	0.80%
22	META PLATFORMS INC	META	3,939	$2.3M	0.72%
23	ALPHABET INC	GOOG	14,429	$2.2M	0.71%
24	SCHWAB STRATEGIC TR	808524847	102,214	$2.2M	0.70%
25	COSTCO WHSL CORP NEW	22160K105	2,297	$2.2M	0.69%
26	SCHWAB STRATEGIC TR	808524839	88,021	$2.0M	0.65%
27	VANGUARD WHITEHALL FDS	921946885	31,112	$2.0M	0.64%
28	NORTHERN TECHNOLOGIES INTL C	NTRSO	171,047	$1.8M	0.57%
29	ACCENTURE PLC IRELAND	ACN	5,607	$1.7M	0.56%
30	ISHARES TR	464287655	8,686	$1.7M	0.55%
31	ECOLAB INC	ECL	6,727	$1.7M	0.54%
32	NXP SEMICONDUCTORS N V	NXPI	8,430	$1.6M	0.51%
33	SELECT SECTOR SPDR TR	81369Y860	36,784	$1.5M	0.49%
34	NOVO-NORDISK A S	NONOF	20,393	$1.4M	0.45%
35	STRYKER CORPORATION	SYK	3,684	$1.4M	0.44%
36	TESLA INC	TSLA	5,227	$1.4M	0.43%
37	MOODYS CORP	MCO	2,864	$1.3M	0.43%
38	SPDR INDEX SHS FDS	78463X889	35,163	$1.3M	0.41%
39	ISHARES TR	464287614	3,543	$1.3M	0.41%
40	CHIPOTLE MEXICAN GRILL INC	CMG	25,372	$1.3M	0.41%
41	AUTOMATIC DATA PROCESSING IN	ADP	4,038	$1.2M	0.39%
42	COCA COLA CO	KO	17,088	$1.2M	0.39%
43	JOHNSON & JOHNSON	JNJ	7,317	$1.2M	0.39%
44	ROPER TECHNOLOGIES INC	ROP	1,937	$1.1M	0.36%
45	ILLINOIS TOOL WKS INC	452308109	4,556	$1.1M	0.36%
46	ISHARES TR	464287200	2,009	$1.1M	0.36%
47	CHEVRON CORP NEW	CVX	6,375	$1.1M	0.34%
48	SPDR S&P 500 ETF TR	SPY	1,863	$1.0M	0.33%
49	THERMO FISHER SCIENTIFIC INC	TMO	2,094	$1.0M	0.33%
50	PEPSICO INC	PEP	6,879	$1.0M	0.33%
51	DANAHER CORPORATION	235851102	4,652	$953,660	0.30%
52	3M CO	MMM	6,454	$947,814	0.30%
53	MITSUBISHI UFJ FINL GROUP IN	606822104	63,069	$859,630	0.27%
54	ALPHABET INC	GOOG	5,206	$813,333	0.26%
55	HOME DEPOT INC	HD	2,187	$801,382	0.26%
56	EXXON MOBIL CORP	XOM	6,466	$769,001	0.25%
57	VANGUARD CHARLOTTE FDS	92203J407	15,369	$750,315	0.24%
58	ORACLE CORP	ORCL-PD	5,177	$723,796	0.23%
59	ADOBE INC	ADBE	1,885	$722,954	0.23%
60	FASTENAL CO	FAST	8,399	$651,342	0.21%
61	ISHARES TR	464289438	2,969	$626,281	0.20%
62	UNITEDHEALTH GROUP INC	UNH	1,135	$594,456	0.19%
63	INTERNATIONAL BUSINESS MACHS	INTR	2,348	$583,949	0.19%
64	WALMART INC	WMT	6,637	$582,645	0.19%
65	PROCTER AND GAMBLE CO	742718109	3,367	$573,804	0.18%
66	MARRIOTT INTL INC NEW	571903202	2,359	$561,914	0.18%
67	NETFLIX INC	NFLX	600	$559,518	0.18%
68	CANADIAN PACIFIC KANSAS CITY	CP	7,963	$559,082	0.18%
69	ISHARES TR	464288414	5,167	$544,808	0.17%
70	AMERICAN EXPRESS CO	AXP	1,990	$535,410	0.17%
71	ABBVIE INC	ABBV	2,358	$494,143	0.16%
72	VANGUARD INDEX FDS	922908736	1,331	$493,561	0.16%
73	CINTAS CORP	CTAS	2,347	$482,379	0.15%
74	MEDTRONIC PLC	MDT	5,151	$462,869	0.15%
75	GE AEROSPACE	369604301	2,271	$454,541	0.14%
76	HONEYWELL INTL INC	438516106	2,140	$453,145	0.14%
77	SPDR SER TR	78468R408	17,383	$437,356	0.14%
78	AMGEN INC	AMGN	1,385	$431,497	0.14%
79	LOCKHEED MARTIN CORP	LMT	910	$406,506	0.13%
80	STARBUCKS CORP	SBUX	3,879	$380,472	0.12%
81	ELI LILLY & CO	LLY	454	$374,963	0.12%
82	HILTON WORLDWIDE HLDGS INC	HLT	1,609	$366,128	0.12%
83	OGE ENERGY CORP	OGE	7,889	$362,578	0.12%
84	ISHARES TR	46432F842	4,582	$346,606	0.11%
85	ISHARES TR	464288158	3,268	$345,101	0.11%
86	WASTE MGMT INC DEL	94106L109	1,462	$338,412	0.11%
87	ISHARES TR	464289420	3,606	$296,341	0.09%
88	CISCO SYS INC	CSCO	4,802	$296,331	0.09%
89	TJX COS INC NEW	872540109	2,404	$292,807	0.09%
90	LINDE PLC	LIN	600	$279,384	0.09%
91	CVS HEALTH CORP	CVS	4,042	$273,846	0.09%
92	MCDONALDS CORP	MCD	812	$253,644	0.08%
93	DONALDSON INC	DCI	3,736	$250,536	0.08%
94	ISHARES TR	464287457	2,985	$246,914	0.08%
95	ABBOTT LABS	ABLZF	1,827	$242,352	0.08%
96	SPDR SER TR	78464A409	2,966	$238,397	0.08%
97	CUMMINS INC	CMI	744	$233,199	0.07%
98	XCEL ENERGY INC	XELLL	3,287	$232,667	0.07%
99	CATERPILLAR INC	CAT	701	$231,190	0.07%
100	SHOPIFY INC	SHOP	2,308	$220,368	0.07%
101	BANK AMERICA CORP	060505104	5,271	$219,959	0.07%
102	APOGEE ENTERPRISES INC	APOG	4,667	$216,222	0.07%
103	UNION PAC CORP	UNP	913	$215,687	0.07%
104	AMERICAN TOWER CORP NEW	03027X100	983	$213,901	0.07%
105	ASSURANT INC	AIZN	1,011	$212,057	0.07%
106	MERCK & CO INC	MRK	2,351	$211,026	0.07%
107	SPDR SER TR	78464A300	2,671	$209,381	0.07%
108	BRIDGEWATER BANCSHARES INC	BWBBP	14,600	$202,794	0.06%
109	ISHARES TR	464287432	2,185	$198,901	0.06%
110	SPDR SER TR	78464A763	1,456	$197,550	0.06%
111	ISHARES TR	46435U549	3,942	$187,166	0.06%
112	ISHARES TR	464287804	1,738	$181,743	0.06%
113	VANGUARD INDEX FDS	922908553	2,000	$181,080	0.06%
114	SELECT SECTOR SPDR TR	81369Y803	863	$178,192	0.06%
115	ISHARES TR	464287671	1,394	$177,150	0.06%
116	ISHARES TR	464288448	5,703	$176,907	0.06%
117	SCHWAB STRATEGIC TR	808524508	6,706	$175,697	0.06%
118	VANGUARD INDEX FDS	922908744	991	$171,185	0.05%
119	ISHARES TR	464287499	1,895	$161,208	0.05%
120	VANGUARD INDEX FDS	922908637	610	$156,788	0.05%
121	SCHWAB STRATEGIC TR	808524870	5,532	$148,755	0.05%
122	ISHARES TR	464287481	1,032	$121,250	0.04%
123	SPDR SER TR	78468R853	2,948	$120,160	0.04%
124	SCHWAB STRATEGIC TR	808524797	3,561	$99,566	0.03%
125	ISHARES TR	464287408	497	$94,718	0.03%
126	SPDR SER TR	78464A201	1,115	$92,568	0.03%
127	VANGUARD WHITEHALL FDS	921946406	677	$87,306	0.03%
128	SELECT SECTOR SPDR TR	81369Y886	1,100	$86,735	0.03%
129	ISHARES TR	46435UAA9	3,526	$85,259	0.03%
130	VANGUARD INDEX FDS	922908769	310	$85,200	0.03%
131	SPDR SER TR	78464A821	1,059	$84,148	0.03%
132	ISHARES TR	464287309	838	$77,792	0.02%
133	ISHARES TR	464287440	760	$72,481	0.02%
134	ISHARES TR	464288885	681	$68,100	0.02%
135	ISHARES TR	464287168	482	$64,728	0.02%
136	ISHARES TR	464287176	531	$58,989	0.02%
137	SPDR SER TR	78464A508	1,146	$58,526	0.02%
138	SPDR SER TR	78464A854	884	$58,132	0.02%
139	ISHARES TR	464287507	940	$54,849	0.02%
140	ISHARES TR	464287630	338	$51,031	0.02%
141	ISHARES TR	464288877	838	$49,392	0.02%
142	SPDR SER TR	78464A664	1,692	$46,124	0.01%
143	ISHARES TR	464287689	141	$44,900	0.01%
144	ISHARES TR	464287465	536	$43,807	0.01%
145	SPDR INDEX SHS FDS	78463X509	1,072	$42,205	0.01%
146	SPDR SER TR	78464A839	531	$40,914	0.01%
147	ISHARES TR	464287242	365	$39,672	0.01%
148	ISHARES TR	464288810	630	$37,920	0.01%
149	SPDR SER TR	78468R721	745	$33,577	0.01%
150	SPDR INDEX SHS FDS	78463X194	948	$33,531	0.01%
151	SPDR SER TR	78468R622	290	$27,637	0.01%
152	ISHARES TR	464288356	405	$22,793	0.01%
153	VANGUARD INDEX FDS	922908363	40	$20,556	0.01%
154	VANGUARD INDEX FDS	922908751	72	$15,966	0.01%
155	ISHARES TR	464288570	137	$14,030	0.00%
156	SELECT SECTOR SPDR TR	81369Y506	150	$14,018	0.00%
157	SELECT SECTOR SPDR TR	81369Y209	95	$13,871	0.00%
158	ISHARES TR	464287606	150	$12,492	0.00%
159	SELECT SECTOR SPDR TR	81369Y605	244	$12,154	0.00%
160	ISHARES TR	464287879	60	$5,849	0.00%
161	ISHARES TR	464287234	119	$5,200	0.00%
162	ISHARES TR	464289859	33	$2,498	0.00%
163	SPDR SER TR	78468R788	37	$1,621	0.00%
164	SCHWAB STRATEGIC TR	808524854	46	$1,144	0.00%