Institutional Manager · CIK 0001730477
Ballast, Inc.
Lexington, KY · File #028-18348
Latest AUM
$427.3M
Positions
133
Top-10 Concentration
60.6%
Filings
10
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | PACER FDS TR | 69374H881 | -130,468 | -$7.9M | +$893,189 |
| ADD | ISHARES TR | 464287598 | +31,803 | +$6.7M | +$264,361 |
| ADD | VANGUARD WHITEHALL FDS | 921946406 | +25,082 | +$3.6M | +$307,608 |
| REDUCE | INVESCO EXCH TRADED FD TR II | IVZ | -35,931 | -$2.6M | -$422,320 |
| ADD | ISHARES TR | 464287614 | +4,246 | +$2.0M | +$122,036 |
| EXITED | ISHARES TR | 464287234 | -23,000 | -$1.2M | $0 |
| ADD | VANGUARD INDEX FDS | 922908769 | +2,791 | +$935,738 | +$7,668 |
| ADD | ISHARES TR | 464287457 | +9,250 | +$766,085 | -$28,716 |
| REDUCE | MICRON TECHNOLOGY INC | MU | -2,651 | -$756,622 | +$1.5M |
| NEW | BERKSHIRE HATHAWAY INC DEL | BRK-A | +1 | +$754,800 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025133 pos · $427.3M
- 13F HOLDINGS REPORTQ/E Sep 2025134 pos · $412.7M
- 13F HOLDINGS REPORT (Amended)Q/E Sep 2025128 pos · $381.9M
- 13F HOLDINGS REPORTQ/E Jun 2025151 pos · $244.4M
- 13F HOLDINGS REPORTQ/E Mar 2025125 pos · $353.4M
- 13F HOLDINGS REPORTQ/E Dec 2024119 pos · $349.8M
- 13F HOLDINGS REPORTQ/E Sep 2024125 pos · $352.5M
- 13F HOLDINGS REPORTQ/E Jun 2024120 pos · $324.9M
- 13F HOLDINGS REPORTQ/E Mar 2024120 pos · $316.5M
- 13F HOLDINGS REPORTQ/E Dec 2023110 pos · $251.0M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908751 | 169,204 | $43.6M | 11.56% |
| 2 | VANGUARD INDEX FDS | 922908629 | 138,025 | $40.1M | 10.61% |
| 3 | INVESCO EXCHANGE TRADED FD T | IVZ | 370,528 | $27.8M | 7.36% |
| 4 | VANGUARD WHITEHALL FDS | 921946406 | 144,777 | $20.8M | 5.50% |
| 5 | INVESCO EXCHANGE TRADED FD T | IVZ | 95,336 | $18.3M | 4.84% |
| 6 | VANGUARD INTL EQUITY INDEX F | 922042775 | 243,075 | $17.9M | 4.73% |
| 7 | ISHARES TR | 464287457 | 214,361 | $17.8M | 4.70% |
| 8 | ISHARES TR | 464287598 | 70,978 | $14.9M | 3.95% |
| 9 | APPLE INC | AAPL | 51,300 | $13.9M | 3.69% |
| 10 | ISHARES TR | 464287614 | 29,206 | $13.8M | 3.66% |
| 11 | ISHARES TR | 464288687 | 415,371 | $12.9M | 3.40% |
| 12 | INVESCO EXCH TRADED FD TR II | IVZ | 169,080 | $12.1M | 3.20% |
| 13 | PACER FDS TR | 69374H881 | 200,343 | $12.1M | 3.19% |
| 14 | VANGUARD WORLD FD | 92204A504 | 39,389 | $11.3M | 3.00% |
| 15 | MICROSOFT CORP | MSFT | 16,230 | $7.8M | 2.08% |
| 16 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 11,035 | $5.5M | 1.47% |
| 17 | UNITEDHEALTH GROUP INC | UNH | 15,946 | $5.3M | 1.39% |
| 18 | JOHNSON & JOHNSON | JNJ | 22,702 | $4.7M | 1.24% |
| 19 | GREEN BRICK PARTNERS INC | GRBK-PA | 73,494 | $4.6M | 1.22% |
| 20 | JPMORGAN CHASE & CO. | VYLD | 13,770 | $4.4M | 1.17% |