13F HOLDINGS REPORT
BALLAST ADVISORS LLC
Quarter ended Q3 2025 · Filed November 12, 2025 · Accession 0001398344-25-020738
Total Value
$363.1M
Positions
180
Other Managers
0
Confidential Omitted
No
Holdings (180)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | 808524201 | 1,305,769 | $34.4M | 9.47% |
| 2 | SCHWAB STRATEGIC TR | 808524409 | 1,149,580 | $33.5M | 9.22% |
| 3 | SCHWAB STRATEGIC TR | 808524300 | 894,867 | $28.6M | 7.87% |
| 4 | SCHWAB STRATEGIC TR | 808524805 | 1,221,685 | $28.4M | 7.83% |
| 5 | APPLE INC | AAPL | 88,719 | $22.6M | 6.22% |
| 6 | ISHARES TR | 464287226 | 205,248 | $20.6M | 5.67% |
| 7 | SCHWAB STRATEGIC TR | 808524862 | 623,769 | $15.2M | 4.19% |
| 8 | JPMORGAN CHASE & CO. | VYLD | 44,605 | $14.1M | 3.88% |
| 9 | MICROSOFT CORP | MSFT | 26,328 | $13.6M | 3.76% |
| 10 | ENTERPRISE PRODS PARTNERS L | 293792107 | 315,550 | $9.9M | 2.72% |
| 11 | SCHWAB STRATEGIC TR | 808524706 | 268,362 | $9.0M | 2.47% |
| 12 | UBER TECHNOLOGIES INC | UBER | 71,051 | $7.0M | 1.92% |
| 13 | SCHWAB STRATEGIC TR | 808524102 | 266,353 | $6.8M | 1.89% |
| 14 | NVIDIA CORPORATION | NVDA | 33,169 | $6.2M | 1.70% |
| 15 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 11,749 | $5.9M | 1.63% |
| 16 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 21,129 | $5.9M | 1.63% |
| 17 | SCHWAB STRATEGIC TR | 808524607 | 182,296 | $5.1M | 1.40% |
| 18 | AMAZON COM INC | AMZN | 20,730 | $4.6M | 1.25% |
| 19 | ALPHABET INC | GOOG | 14,156 | $3.4M | 0.95% |
| 20 | BLACKSTONE INC | BX | 19,407 | $3.3M | 0.91% |
| 21 | VISA INC | V | 8,491 | $2.9M | 0.80% |
| 22 | META PLATFORMS INC | META | 3,857 | $2.8M | 0.78% |
| 23 | SCHLUMBERGER LTD | SLB | 81,072 | $2.8M | 0.77% |
| 24 | SCHWAB STRATEGIC TR | 808524847 | 110,589 | $2.4M | 0.66% |
| 25 | TESLA INC | TSLA | 5,021 | $2.2M | 0.62% |
| 26 | SCHWAB STRATEGIC TR | 808524839 | 95,118 | $2.2M | 0.61% |
| 27 | COSTCO WHSL CORP NEW | 22160K105 | 2,354 | $2.2M | 0.60% |
| 28 | VANGUARD WHITEHALL FDS | 921946885 | 32,208 | $2.2M | 0.59% |
| 29 | ISHARES TR | 464287655 | 8,471 | $2.0M | 0.56% |
| 30 | NXP SEMICONDUCTORS N V | NXPI | 8,928 | $2.0M | 0.56% |
| 31 | ECOLAB INC | ECL | 6,749 | $1.8M | 0.51% |
| 32 | SELECT SECTOR SPDR TR | 81369Y860 | 40,887 | $1.7M | 0.47% |
| 33 | ISHARES TR | 464287614 | 3,418 | $1.6M | 0.44% |
| 34 | SPDR INDEX SHS FDS | 78463X889 | 35,554 | $1.5M | 0.42% |
| 35 | STRYKER CORPORATION | SYK | 4,010 | $1.5M | 0.41% |
| 36 | MOODYS CORP | MCO | 3,060 | $1.5M | 0.40% |
| 37 | SPDR S&P 500 ETF TR | SPY | 2,159 | $1.4M | 0.40% |
| 38 | ORACLE CORP | ORCL-PD | 5,098 | $1.4M | 0.39% |
| 39 | ACCENTURE PLC IRELAND | ACN | 5,553 | $1.4M | 0.38% |
| 40 | ILLINOIS TOOL WKS INC | 452308109 | 5,060 | $1.3M | 0.36% |
| 41 | NORTHERN TECHNOLOGIES INTL C | NTRSO | 171,047 | $1.3M | 0.36% |
| 42 | ISHARES TR | 464287200 | 1,952 | $1.3M | 0.36% |
| 43 | PEPSICO INC | PEP | 8,934 | $1.3M | 0.35% |
| 44 | ALPHABET INC | GOOG | 5,147 | $1.3M | 0.35% |
| 45 | AUTOMATIC DATA PROCESSING IN | ADP | 4,124 | $1.2M | 0.33% |
| 46 | NOVO-NORDISK A S | NONOF | 21,735 | $1.2M | 0.33% |
| 47 | COCA COLA CO | KO | 17,176 | $1.1M | 0.31% |
| 48 | THERMO FISHER SCIENTIFIC INC | TMO | 2,339 | $1.1M | 0.31% |
| 49 | 3M CO | MMM | 6,882 | $1.1M | 0.29% |
| 50 | CHIPOTLE MEXICAN GRILL INC | CMG | 26,815 | $1.1M | 0.29% |
| 51 | DANAHER CORPORATION | 235851102 | 5,232 | $1.0M | 0.29% |
| 52 | ROPER TECHNOLOGIES INC | ROP | 2,025 | $1.0M | 0.28% |
| 53 | MITSUBISHI UFJ FINL GROUP IN | 606822104 | 63,282 | $1.0M | 0.28% |
| 54 | JOHNSON & JOHNSON | JNJ | 5,064 | $938,892 | 0.26% |
| 55 | HOME DEPOT INC | HD | 2,190 | $887,230 | 0.24% |
| 56 | MEDTRONIC PLC | MDT | 9,039 | $860,874 | 0.24% |
| 57 | FASTENAL CO | FAST | 16,756 | $821,714 | 0.23% |
| 58 | ISHARES TR | 464289438 | 2,969 | $812,467 | 0.22% |
| 59 | VANGUARD CHARLOTTE FDS | 92203J407 | 16,110 | $796,801 | 0.22% |
| 60 | ADOBE INC | ADBE | 2,244 | $791,571 | 0.22% |
| 61 | NETFLIX INC | NFLX | 619 | $742,131 | 0.20% |
| 62 | INTERNATIONAL BUSINESS MACHS | INTR | 2,609 | $736,263 | 0.20% |
| 63 | EXXON MOBIL CORP | XOM | 6,194 | $698,374 | 0.19% |
| 64 | WALMART INC | WMT | 6,664 | $686,767 | 0.19% |
| 65 | GE AEROSPACE | 369604301 | 2,240 | $673,837 | 0.19% |
| 66 | AMERICAN EXPRESS CO | AXP | 1,964 | $652,362 | 0.18% |
| 67 | CHEVRON CORP NEW | CVX | 4,150 | $644,497 | 0.18% |
| 68 | VANGUARD INDEX FDS | 922908736 | 1,294 | $620,615 | 0.17% |
| 69 | MARRIOTT INTL INC NEW | 571903202 | 2,192 | $570,884 | 0.16% |
| 70 | ABBVIE INC | ABBV | 2,278 | $527,516 | 0.15% |
| 71 | PROCTER AND GAMBLE CO | 742718109 | 3,401 | $522,564 | 0.14% |
| 72 | CANADIAN PACIFIC KANSAS CITY | CP | 7,011 | $522,249 | 0.14% |
| 73 | CINTAS CORP | CTAS | 2,272 | $466,351 | 0.13% |
| 74 | HONEYWELL INTL INC | 438516106 | 2,173 | $457,417 | 0.13% |
| 75 | SPDR SERIES TRUST | 78468R408 | 17,555 | $449,408 | 0.12% |
| 76 | LOCKHEED MARTIN CORP | LMT | 864 | $431,317 | 0.12% |
| 77 | HILTON WORLDWIDE HLDGS INC | HLT | 1,589 | $412,250 | 0.11% |
| 78 | ISHARES TR | 46432F842 | 4,446 | $388,155 | 0.11% |
| 79 | AMGEN INC | AMGN | 1,362 | $384,356 | 0.11% |
| 80 | OGE ENERGY CORP | OGE | 7,889 | $365,024 | 0.10% |
| 81 | ELI LILLY & CO | LLY | 474 | $361,662 | 0.10% |
| 82 | TJX COS INC NEW | 872540109 | 2,472 | $357,303 | 0.10% |
| 83 | UNITEDHEALTH GROUP INC | UNH | 1,021 | $352,567 | 0.10% |
| 84 | WASTE MGMT INC DEL | 94106L109 | 1,504 | $332,076 | 0.09% |
| 85 | ISHARES TR | 464288158 | 3,094 | $330,377 | 0.09% |
| 86 | SHOPIFY INC | SHOP | 2,212 | $328,725 | 0.09% |
| 87 | ISHARES TR | 464288414 | 3,075 | $327,457 | 0.09% |
| 88 | XCEL ENERGY INC | XELLL | 4,059 | $327,358 | 0.09% |
| 89 | CATERPILLAR INC | CAT | 677 | $323,031 | 0.09% |
| 90 | ISHARES TR | 464289420 | 3,606 | $316,895 | 0.09% |
| 91 | STARBUCKS CORP | SBUX | 3,669 | $310,362 | 0.09% |
| 92 | SPDR SERIES TRUST | 78464A409 | 2,968 | $310,211 | 0.09% |
| 93 | CISCO SYS INC | CSCO | 4,473 | $306,043 | 0.08% |
| 94 | DONALDSON INC | DCI | 3,736 | $305,792 | 0.08% |
| 95 | CVS HEALTH CORP | CVS | 4,042 | $304,726 | 0.08% |
| 96 | LAM RESEARCH CORP | LRCX | 2,121 | $284,002 | 0.08% |
| 97 | BANK AMERICA CORP | 060505104 | 5,489 | $283,178 | 0.08% |
| 98 | ABBOTT LABS | ABLZF | 1,922 | $257,433 | 0.07% |
| 99 | BRIDGEWATER BANCSHARES INC | BWBBP | 14,600 | $256,960 | 0.07% |
| 100 | SELECT SECTOR SPDR TR | 81369Y803 | 891 | $251,147 | 0.07% |
| 101 | GE VERNOVA INC | GEV | 405 | $249,035 | 0.07% |
| 102 | MCDONALDS CORP | MCD | 818 | $248,582 | 0.07% |
| 103 | CUMMINS INC | CMI | 582 | $245,819 | 0.07% |
| 104 | LINDE PLC | LIN | 508 | $241,310 | 0.07% |
| 105 | RTX CORPORATION | RTX | 1,412 | $236,270 | 0.07% |
| 106 | ISHARES TR | 464287457 | 2,844 | $235,903 | 0.06% |
| 107 | ISHARES TR | 464287671 | 1,394 | $229,369 | 0.06% |
| 108 | SPDR SERIES TRUST | 78464A300 | 2,561 | $227,054 | 0.06% |
| 109 | ASSURANT INC | AIZN | 988 | $214,001 | 0.06% |
| 110 | MCKESSON CORP | MCK | 273 | $210,903 | 0.06% |
| 111 | ISHARES TR | 464288448 | 5,683 | $207,714 | 0.06% |
| 112 | UNION PAC CORP | UNP | 867 | $204,933 | 0.06% |
| 113 | INVESCO EXCH TRD SLF IDX FD | IVZ | 9,910 | $203,849 | 0.06% |
| 114 | APOGEE ENTERPRISES INC | APOG | 4,667 | $203,341 | 0.06% |
| 115 | APPLIED MATLS INC | 038222105 | 982 | $201,055 | 0.06% |
| 116 | VANGUARD INDEX FDS | 922908553 | 2,186 | $199,844 | 0.06% |
| 117 | SCHWAB STRATEGIC TR | 808524508 | 6,709 | $198,855 | 0.05% |
| 118 | ISHARES TR | 464287432 | 2,156 | $192,682 | 0.05% |
| 119 | VANGUARD INDEX FDS | 922908744 | 1,025 | $191,152 | 0.05% |
| 120 | VANGUARD INDEX FDS | 922908637 | 604 | $185,947 | 0.05% |
| 121 | SPDR SERIES TRUST | 78464A763 | 1,271 | $178,004 | 0.05% |
| 122 | SCHWAB STRATEGIC TR | 808524870 | 6,319 | $170,297 | 0.05% |
| 123 | ISHARES TR | 464287804 | 1,368 | $162,559 | 0.04% |
| 124 | ISHARES TR | 464287499 | 1,642 | $158,535 | 0.04% |
| 125 | ISHARES TR | 464287481 | 1,032 | $146,967 | 0.04% |
| 126 | ISHARES TR | 46435UAA9 | 5,774 | $140,539 | 0.04% |
| 127 | ISHARES TR | 464287440 | 1,424 | $137,359 | 0.04% |
| 128 | VANGUARD WHITEHALL FDS | 921946406 | 802 | $113,042 | 0.03% |
| 129 | SPDR SERIES TRUST | 78468R853 | 2,348 | $108,759 | 0.03% |
| 130 | SPDR SERIES TRUST | 78464A854 | 1,384 | $108,423 | 0.03% |
| 131 | VANGUARD INDEX FDS | 922908769 | 310 | $101,733 | 0.03% |
| 132 | ISHARES TR | 464287309 | 838 | $101,163 | 0.03% |
| 133 | SPDR SERIES TRUST | 78464A201 | 1,070 | $100,956 | 0.03% |
| 134 | SPDR INDEX SHS FDS | 78463X533 | 2,561 | $99,495 | 0.03% |
| 135 | SCHWAB STRATEGIC TR | 808524797 | 3,561 | $97,215 | 0.03% |
| 136 | SPDR SERIES TRUST | 78464A821 | 1,059 | $96,962 | 0.03% |
| 137 | VANGUARD INDEX FDS | 922908363 | 140 | $85,733 | 0.02% |
| 138 | SPDR SERIES TRUST | 78464A664 | 3,081 | $83,033 | 0.02% |
| 139 | ISHARES TR | 464288885 | 681 | $77,552 | 0.02% |
| 140 | ISHARES TR | 464287408 | 347 | $71,659 | 0.02% |
| 141 | VANGUARD INDEX FDS | 922908611 | 342 | $71,379 | 0.02% |
| 142 | ISHARES TR | 464287168 | 482 | $68,492 | 0.02% |
| 143 | SPDR SERIES TRUST | 78468R663 | 745 | $68,354 | 0.02% |
| 144 | ISHARES TR | 464287507 | 940 | $61,344 | 0.02% |
| 145 | ISHARES TR | 464287630 | 338 | $59,762 | 0.02% |
| 146 | VANGUARD WHITEHALL FDS | 921946794 | 682 | $57,717 | 0.02% |
| 147 | SPDR SERIES TRUST | 78464A508 | 1,035 | $57,267 | 0.02% |
| 148 | ISHARES TR | 46435U549 | 1,184 | $56,868 | 0.02% |
| 149 | ISHARES TR | 464288877 | 838 | $56,842 | 0.02% |
| 150 | ISHARES TR | 464287689 | 140 | $53,186 | 0.01% |
| 151 | SELECT SECTOR SPDR TR | 81369Y886 | 604 | $52,683 | 0.01% |
| 152 | ISHARES TR | 464287465 | 536 | $50,046 | 0.01% |
| 153 | INVESCO EXCH TRD SLF IDX FD | IVZ | 2,060 | $48,214 | 0.01% |
| 154 | SELECT SECTOR SPDR TR | 81369Y605 | 823 | $44,348 | 0.01% |
| 155 | SPDR SERIES TRUST | 78464A839 | 531 | $44,291 | 0.01% |
| 156 | SPDR SERIES TRUST | 78468R861 | 2,237 | $43,152 | 0.01% |
| 157 | SPDR INDEX SHS FDS | 78463X509 | 869 | $40,678 | 0.01% |
| 158 | SPDR INDEX SHS FDS | 78463X194 | 948 | $40,189 | 0.01% |
| 159 | ISHARES TR | 464288810 | 630 | $37,850 | 0.01% |
| 160 | ISHARES TR | 464287176 | 331 | $36,814 | 0.01% |
| 161 | ISHARES TR | 464287150 | 204 | $29,713 | 0.01% |
| 162 | SPDR SERIES TRUST | 78468R721 | 647 | $29,484 | 0.01% |
| 163 | SPDR SERIES TRUST | 78468R622 | 290 | $28,417 | 0.01% |
| 164 | ISHARES TR | 464287242 | 240 | $26,753 | 0.01% |
| 165 | SPDR SERIES TRUST | 78464A847 | 455 | $26,021 | 0.01% |
| 166 | ISHARES TR | 464288356 | 410 | $23,386 | 0.01% |
| 167 | ISHARES TR | 46435U515 | 903 | $23,045 | 0.01% |
| 168 | ISHARES TR | 464288570 | 137 | $17,255 | 0.00% |
| 169 | ISHARES TR | 464287879 | 145 | $16,036 | 0.00% |
| 170 | ISHARES TR | 464287606 | 150 | $14,384 | 0.00% |
| 171 | SELECT SECTOR SPDR TR | 81369Y506 | 150 | $13,401 | 0.00% |
| 172 | VANGUARD INDEX FDS | 922908751 | 52 | $13,223 | 0.00% |
| 173 | SELECT SECTOR SPDR TR | 81369Y209 | 95 | $13,221 | 0.00% |
| 174 | SPDR SERIES TRUST | 78464A375 | 328 | $11,116 | 0.00% |
| 175 | ISHARES TR | 464287234 | 119 | $6,355 | 0.00% |
| 176 | ISHARES TR | 464288760 | 11 | $2,310 | 0.00% |
| 177 | SELECT SECTOR SPDR TR | 81369Y852 | 19 | $2,257 | 0.00% |
| 178 | SPDR SERIES TRUST | 78468R788 | 37 | $1,649 | 0.00% |
| 179 | SELECT SECTOR SPDR TR | 81369Y407 | 6 | $1,440 | 0.00% |
| 180 | SCHWAB STRATEGIC TR | 808524854 | 46 | $1,156 | 0.00% |