13F HOLDINGS REPORT

BALLAST ADVISORS LLC

Quarter ended Q2 2025 · Filed July 31, 2025 · Accession 0001398344-25-014247

Total Value

$339.4M

Positions

168

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (168)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SCHWAB STRATEGIC TR	808524201	1,316,693	$32.2M	9.48%
2	SCHWAB STRATEGIC TR	808524409	1,136,285	$31.4M	9.26%
3	SCHWAB STRATEGIC TR	808524805	1,226,124	$27.1M	7.98%
4	SCHWAB STRATEGIC TR	808524300	915,285	$26.7M	7.88%
5	ISHARES TR	464287226	197,829	$19.6M	5.78%
6	APPLE INC	AAPL	92,231	$18.9M	5.58%
7	SCHWAB STRATEGIC TR	808524862	570,173	$13.9M	4.10%
8	MICROSOFT CORP	MSFT	27,053	$13.5M	3.97%
9	JPMORGAN CHASE & CO.	VYLD	45,296	$13.1M	3.87%
10	ENTERPRISE PRODS PARTNERS L	293792107	310,856	$9.6M	2.84%
11	SCHWAB STRATEGIC TR	808524706	272,280	$8.2M	2.42%
12	UBER TECHNOLOGIES INC	UBER	73,920	$6.9M	2.03%
13	SCHWAB STRATEGIC TR	808524102	257,275	$6.1M	1.81%
14	BERKSHIRE HATHAWAY INC DEL	BRK-A	11,457	$5.6M	1.64%
15	NVIDIA CORPORATION	NVDA	34,590	$5.5M	1.61%
16	TAIWAN SEMICONDUCTOR MFG LTD	874039100	21,820	$4.9M	1.46%
17	SCHWAB STRATEGIC TR	808524607	186,387	$4.7M	1.39%
18	AMAZON COM INC	AMZN	21,297	$4.7M	1.38%
19	VISA INC	V	8,544	$3.0M	0.89%
20	META PLATFORMS INC	META	4,009	$3.0M	0.87%
21	BLACKSTONE INC	BX	19,093	$2.9M	0.84%
22	ALPHABET INC	GOOG	15,095	$2.7M	0.78%
23	SCHLUMBERGER LTD	SLB	77,111	$2.6M	0.77%
24	COSTCO WHSL CORP NEW	22160K105	2,347	$2.3M	0.68%
25	SCHWAB STRATEGIC TR	808524847	103,271	$2.2M	0.64%
26	SCHWAB STRATEGIC TR	808524839	91,810	$2.1M	0.63%
27	VANGUARD WHITEHALL FDS	921946885	31,732	$2.1M	0.61%
28	NXP SEMICONDUCTORS N V	NXPI	8,839	$1.9M	0.57%
29	ISHARES TR	464287655	8,769	$1.9M	0.56%
30	ECOLAB INC	ECL	6,749	$1.8M	0.54%
31	ACCENTURE PLC IRELAND	ACN	5,846	$1.7M	0.51%
32	TESLA INC	TSLA	5,081	$1.6M	0.48%
33	SELECT SECTOR SPDR TR	81369Y860	38,759	$1.6M	0.47%
34	STRYKER CORPORATION	SYK	3,843	$1.5M	0.45%
35	NOVO-NORDISK A S	NONOF	21,893	$1.5M	0.45%
36	CHIPOTLE MEXICAN GRILL INC	CMG	26,759	$1.5M	0.44%
37	ISHARES TR	464287614	3,521	$1.5M	0.44%
38	MOODYS CORP	MCO	2,973	$1.5M	0.44%
39	SPDR INDEX SHS FDS	78463X889	34,409	$1.4M	0.41%
40	ISHARES TR	464287200	2,151	$1.3M	0.39%
41	AUTOMATIC DATA PROCESSING IN	ADP	4,148	$1.3M	0.38%
42	NORTHERN TECHNOLOGIES INTL C	NTRSO	171,047	$1.3M	0.37%
43	COCA COLA CO	KO	17,188	$1.2M	0.36%
44	ILLINOIS TOOL WKS INC	452308109	4,820	$1.2M	0.35%
45	SPDR S&P 500 ETF TR	SPY	1,832	$1.1M	0.33%
46	ROPER TECHNOLOGIES INC	ROP	1,990	$1.1M	0.33%
47	ORACLE CORP	ORCL-PD	5,130	$1.1M	0.33%
48	PEPSICO INC	PEP	8,363	$1.1M	0.33%
49	3M CO	MMM	6,931	$1.1M	0.31%
50	DANAHER CORPORATION	235851102	4,946	$977,033	0.29%
51	ALPHABET INC	GOOG	5,252	$931,652	0.27%
52	THERMO FISHER SCIENTIFIC INC	TMO	2,237	$907,014	0.27%
53	MITSUBISHI UFJ FINL GROUP IN	606822104	63,069	$865,307	0.25%
54	NETFLIX INC	NFLX	619	$828,921	0.24%
55	ADOBE INC	ADBE	2,130	$824,054	0.24%
56	HOME DEPOT INC	HD	2,197	$805,376	0.24%
57	VANGUARD CHARLOTTE FDS	92203J407	16,008	$792,556	0.23%
58	MEDTRONIC PLC	MDT	8,939	$779,213	0.23%
59	JOHNSON & JOHNSON	JNJ	5,077	$775,527	0.23%
60	ISHARES TR	464289438	2,969	$731,888	0.22%
61	FASTENAL CO	FAST	16,756	$703,752	0.21%
62	EXXON MOBIL CORP	XOM	6,424	$692,507	0.20%
63	CHEVRON CORP NEW	CVX	4,827	$691,207	0.20%
64	WALMART INC	WMT	6,638	$649,077	0.19%
65	AMERICAN EXPRESS CO	AXP	2,007	$640,193	0.19%
66	VANGUARD INDEX FDS	922908736	1,380	$604,992	0.18%
67	MARRIOTT INTL INC NEW	571903202	2,177	$594,778	0.18%
68	INTERNATIONAL BUSINESS MACHS	INTR	1,984	$584,956	0.17%
69	GE AEROSPACE	369604301	2,205	$567,545	0.17%
70	CANADIAN PACIFIC KANSAS CITY	CP	7,149	$566,701	0.17%
71	PROCTER AND GAMBLE CO	742718109	3,519	$560,647	0.17%
72	ISHARES TR	464288414	5,167	$539,848	0.16%
73	CINTAS CORP	CTAS	2,307	$514,161	0.15%
74	HONEYWELL INTL INC	438516106	2,183	$508,377	0.15%
75	SPDR SERIES TRUST	78468R408	18,198	$463,685	0.14%
76	ABBVIE INC	ABBV	2,427	$450,580	0.13%
77	HILTON WORLDWIDE HLDGS INC	HLT	1,654	$440,526	0.13%
78	LOCKHEED MARTIN CORP	LMT	864	$400,153	0.12%
79	AMGEN INC	AMGN	1,370	$382,518	0.11%
80	ISHARES TR	46432F842	4,506	$376,136	0.11%
81	ELI LILLY & CO	LLY	452	$352,348	0.10%
82	STARBUCKS CORP	SBUX	3,841	$351,969	0.10%
83	OGE ENERGY CORP	OGE	7,889	$350,114	0.10%
84	ISHARES TR	464288158	3,268	$347,519	0.10%
85	WASTE MGMT INC DEL	94106L109	1,504	$344,091	0.10%
86	UNITEDHEALTH GROUP INC	UNH	1,019	$317,897	0.09%
87	CISCO SYS INC	CSCO	4,524	$313,875	0.09%
88	TJX COS INC NEW	872540109	2,472	$305,267	0.09%
89	ISHARES TR	464289420	3,606	$303,589	0.09%
90	SPDR SERIES TRUST	78464A409	2,991	$285,126	0.08%
91	CVS HEALTH CORP	CVS	4,042	$278,817	0.08%
92	XCEL ENERGY INC	XELLL	4,052	$275,939	0.08%
93	CATERPILLAR INC	CAT	701	$272,135	0.08%
94	SHOPIFY INC	SHOP	2,334	$269,227	0.08%
95	MCDONALDS CORP	MCD	907	$264,998	0.08%
96	ABBOTT LABS	ABLZF	1,922	$261,411	0.08%
97	BANK AMERICA CORP	060505104	5,489	$259,739	0.08%
98	DONALDSON INC	DCI	3,736	$259,092	0.08%
99	LINDE PLC	LIN	520	$243,974	0.07%
100	ISHARES TR	464287457	2,929	$242,661	0.07%
101	BRIDGEWATER BANCSHARES INC	BWBBP	14,600	$232,286	0.07%
102	PHILIP MORRIS INTL INC	718172109	1,257	$228,937	0.07%
103	SELECT SECTOR SPDR TR	81369Y803	863	$218,537	0.06%
104	CUMMINS INC	CMI	659	$215,823	0.06%
105	GE VERNOVA INC	GEV	405	$214,306	0.06%
106	SPDR SERIES TRUST	78464A300	2,677	$213,493	0.06%
107	ISHARES TR	464287432	2,399	$211,712	0.06%
108	ISHARES TR	464287671	1,394	$209,658	0.06%
109	LAM RESEARCH CORP	LRCX	2,121	$206,458	0.06%
110	RTX CORPORATION	RTX	1,412	$206,180	0.06%
111	UNION PAC CORP	UNP	893	$205,461	0.06%
112	AMERICAN TOWER CORP NEW	03027X100	920	$203,338	0.06%
113	ISHARES TR	464288448	5,683	$196,120	0.06%
114	SCHWAB STRATEGIC TR	808524508	6,709	$188,187	0.06%
115	VANGUARD INDEX FDS	922908553	2,081	$185,334	0.05%
116	VANGUARD INDEX FDS	922908744	991	$175,149	0.05%
117	ISHARES TR	464287804	1,598	$174,645	0.05%
118	VANGUARD INDEX FDS	922908637	608	$173,462	0.05%
119	SPDR SERIES TRUST	78464A763	1,271	$172,513	0.05%
120	ISHARES TR	464287499	1,873	$172,260	0.05%
121	SCHWAB STRATEGIC TR	808524870	6,155	$164,215	0.05%
122	ISHARES TR	464287481	1,032	$143,118	0.04%
123	ISHARES TR	464287440	1,424	$136,376	0.04%
124	SPDR SERIES TRUST	78468R853	2,804	$119,450	0.04%
125	SPDR SERIES TRUST	78464A201	1,184	$105,072	0.03%
126	SPDR SERIES TRUST	78464A854	1,384	$100,603	0.03%
127	SCHWAB STRATEGIC TR	808524797	3,655	$96,870	0.03%
128	VANGUARD INDEX FDS	922908769	310	$94,218	0.03%
129	ISHARES TR	464287309	838	$92,264	0.03%
130	SPDR SERIES TRUST	78464A821	1,059	$91,995	0.03%
131	VANGUARD WHITEHALL FDS	921946406	677	$90,251	0.03%
132	ISHARES TR	464288885	681	$76,272	0.02%
133	ISHARES TR	464287408	347	$67,811	0.02%
134	ISHARES TR	464287168	482	$64,014	0.02%
135	ISHARES TR	464287507	940	$58,299	0.02%
136	SPDR SERIES TRUST	78464A508	1,062	$55,585	0.02%
137	ISHARES TR	464287630	338	$53,323	0.02%
138	ISHARES TR	464288877	838	$53,196	0.02%
139	ISHARES TR	464287689	141	$49,616	0.01%
140	SPDR SERIES TRUST	78464A672	1,694	$48,736	0.01%
141	SELECT SECTOR SPDR TR	81369Y886	590	$48,179	0.01%
142	ISHARES TR	464287465	536	$47,913	0.01%
143	SPDR INDEX SHS FDS	78463X509	1,072	$45,817	0.01%
144	SPDR SERIES TRUST	78464A664	1,692	$44,973	0.01%
145	SPDR SERIES TRUST	78464A839	531	$42,177	0.01%
146	ISHARES TR	464287242	365	$40,008	0.01%
147	ISHARES TR	464288810	630	$39,463	0.01%
148	SPDR INDEX SHS FDS	78463X194	948	$37,446	0.01%
149	ISHARES TR	464287176	331	$36,423	0.01%
150	VANGUARD INDEX FDS	922908629	122	$34,139	0.01%
151	SPDR SERIES TRUST	78468R721	745	$33,279	0.01%
152	SPDR SERIES TRUST	78468R622	290	$28,208	0.01%
153	VANGUARD INDEX FDS	922908363	48	$27,501	0.01%
154	ISHARES TR	464288356	410	$22,853	0.01%
155	VANGUARD INDEX FDS	922908751	83	$19,669	0.01%
156	ISHARES TR	464288570	137	$15,914	0.00%
157	ISHARES TR	464287606	150	$13,647	0.00%
158	SELECT SECTOR SPDR TR	81369Y209	95	$12,805	0.00%
159	SELECT SECTOR SPDR TR	81369Y605	244	$12,778	0.00%
160	SELECT SECTOR SPDR TR	81369Y506	150	$12,722	0.00%
161	ISHARES TR	464287879	60	$5,969	0.00%
162	ISHARES TR	464287234	119	$5,741	0.00%
163	ISHARES TR	464288281	33	$3,056	0.00%
164	ISHARES TR	464289859	33	$2,732	0.00%
165	ISHARES TR	464288687	74	$2,270	0.00%
166	SPDR SERIES TRUST	78464A474	70	$2,109	0.00%
167	SPDR SERIES TRUST	78468R788	37	$1,573	0.00%
168	SCHWAB STRATEGIC TR	808524854	46	$1,151	0.00%