Q4 2025 · 13F-HR
Ballast, Inc.holdings as filed
Filed 2026-02-03 · accession 0001172661-26-000458
$427.3M
Reported value
133
Positions
2025-12-31
Period end
The Brief · Ballast, Inc. · Q4 2025
AI · grounded in 13F
Ballast, Inc. increased its position in IWD by 81.18%. The fund also accumulated shares of VYM and IWF by 20.95% and 17.01% respectively. On the sell side, the fund closed its positions in EEM, reducing exposure by $1.3M, and IWM, reducing exposure by $863,071.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908751 | VB | VANGUARD INDEX FDS | $43.6M | 10.2% | 169,204 | Common | NONE |
| 922908629 | VO | VANGUARD INDEX FDS | $40.1M | 9.38% | 138,025 | Common | NONE |
| 46137V241 | SPHQ | INVESCO EXCHANGE TRADED FD T | $27.8M | 6.51% | 370,528 | Common | NONE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $20.8M | 4.86% | 144,777 | Common | NONE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $18.3M | 4.27% | 95,336 | Common | NONE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $17.9M | 4.18% | 243,075 | Common | NONE |
| 464287457 | SHY | ISHARES TR | $17.8M | 4.16% | 214,361 | Common | NONE |
| 464287598 | IWD | ISHARES TR | $14.9M | 3.49% | 70,978 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $13.9M | 3.26% | 51,300 | Common | NONE |
| 464287614 | IWF | ISHARES TR | $13.8M | 3.24% | 29,206 | Common | NONE |
| 464288687 | PFF | ISHARES TR | $12.9M | 3.01% | 415,371 | Common | NONE |
| 46138E354 | SPLV | INVESCO EXCH TRADED FD TR II | $12.1M | 2.83% | 169,080 | Common | NONE |
| 69374H881 | COWZ | PACER FDS TR | $12.1M | 2.82% | 200,343 | Common | NONE |
| 92204A504 | VHT | VANGUARD WORLD FD | $11.3M | 2.65% | 39,389 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $7.8M | 1.84% | 16,230 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $5.5M | 1.30% | 11,035 | Common | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $5.3M | 1.23% | 15,946 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $4.7M | 1.10% | 22,702 | Common | NONE |
| 392709101 | GRBK | GREEN BRICK PARTNERS INC | $4.6M | 1.08% | 73,494 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $4.4M | 1.04% | 13,770 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $4.3M | 1.01% | 3,998 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $4.1M | 0.96% | 17,757 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $4.0M | 0.93% | 12,727 | Common | NONE |
| 92204A702 | VGT | VANGUARD WORLD FD | $3.9M | 0.91% | 5,181 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $3.0M | 0.71% | 9,655 | Common | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $2.9M | 0.67% | 10,101 | Common | NONE |
| 931142103 | WMT | WALMART INC | $2.7M | 0.63% | 24,072 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $2.6M | 0.61% | 3,005 | Common | NONE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $2.4M | 0.56% | 44,213 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $2.4M | 0.55% | 19,569 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $2.3M | 0.55% | 16,294 | Common | NONE |
| 464287242 | LQD | ISHARES TR | $2.1M | 0.49% | 19,164 | Common | NONE |
| 75513E101 | RTX | RTX CORPORATION | $2.0M | 0.47% | 11,004 | Common | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $2.0M | 0.46% | 39,668 | Common | NONE |
| 464287226 | AGG | ISHARES TR | $1.9M | 0.45% | 19,388 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $1.9M | 0.45% | 5,619 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $1.9M | 0.45% | 24,904 | Common | NONE |
| 89417E109 | TRV | TRAVELERS COMPANIES INC | $1.9M | 0.44% | 6,528 | Common | NONE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $1.9M | 0.43% | 15,790 | Common | NONE |
| 244199105 | DE | DEERE & CO | $1.7M | 0.39% | 3,609 | Common | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $1.7M | 0.39% | 7,801 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $1.7M | 0.39% | 14,516 | Common | NONE |
| 79466L302 | CRM | SALESFORCE INC | $1.6M | 0.39% | 6,227 | Common | NONE |
| 92826C839 | V | VISA INC | $1.6M | 0.38% | 4,635 | Common | NONE |
| 209115104 | ED | CONSOLIDATED EDISON INC | $1.6M | 0.38% | 16,349 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $1.6M | 0.38% | 2,833 | Common | NONE |
| 87612E106 | TGT | TARGET CORP | $1.6M | 0.38% | 16,417 | Common | NONE |
| 097023105 | BA | BOEING CO | $1.6M | 0.38% | 7,388 | Common | NONE |
| 665859104 | NTRS | NORTHERN TR CORP | $1.6M | 0.37% | 11,672 | Common | NONE |
| 654106103 | NKE | NIKE INC | $1.6M | 0.37% | 24,893 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.5M | 0.35% | 8,007 | Common | NONE |
| H1467J104 | CB | CHUBB LIMITED | $1.5M | 0.35% | 4,766 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $1.5M | 0.35% | 8,523 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $1.5M | 0.34% | 7,447 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $1.3M | 0.31% | 1,916 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $1.3M | 0.30% | 3,871 | Common | NONE |
| 406216101 | HAL | HALLIBURTON CO | $1.3M | 0.30% | 44,670 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $1.3M | 0.29% | 8,726 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $1.2M | 0.29% | 5,318 | Common | NONE |
| G5960L103 | MDT | MEDTRONIC PLC | $1.2M | 0.29% | 12,788 | Common | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $1.2M | 0.28% | 5,985 | Common | NONE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $1.2M | 0.28% | 21,859 | Common | NONE |
| 494368103 | KMB | KIMBERLY-CLARK CORP | $1.2M | 0.27% | 11,583 | Common | NONE |
| 26614N102 | DD | DUPONT DE NEMOURS INC | $1.1M | 0.26% | 27,370 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $1.1M | 0.25% | 42,618 | Common | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $1.1M | 0.25% | 2,854 | Common | NONE |
| 219350105 | GLW | CORNING INC | $956,505 | 0.22% | 10,924 | Common | NONE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $934,415 | 0.22% | 5,740 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $862,672 | 0.20% | 4,426 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $860,429 | 0.20% | 1,261 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $846,330 | 0.20% | 12,106 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $759,501 | 0.18% | 3,324 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $754,800 | 0.18% | 1 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $751,239 | 0.18% | 2,458 | Common | NONE |
| 921909768 | VXUS | VANGUARD STAR FDS | $733,579 | 0.17% | 9,724 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $679,340 | 0.16% | 3,091 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $636,042 | 0.15% | 9,637 | Common | NONE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $614,685 | 0.14% | 2,129 | Common | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $577,465 | 0.14% | 1,643 | Common | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $573,987 | 0.13% | 653 | Common | NONE |
| 983793100 | XPO | XPO INC | $567,152 | 0.13% | 4,173 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $550,242 | 0.13% | 2,881 | Common | NONE |
| 922908652 | VXF | VANGUARD INDEX FDS | $548,940 | 0.13% | 2,625 | Common | NONE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $530,576 | 0.12% | 1,576 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $513,221 | 0.12% | 1,295 | Common | NONE |
| 171484108 | CHDN | CHURCHILL DOWNS INC | $497,901 | 0.12% | 4,376 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $495,524 | 0.12% | 868 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $493,955 | 0.12% | 8,981 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $478,565 | 0.11% | 725 | Common | NONE |
| 20112C106 | CBK | COMMERCIAL BANCGROUP INC | $466,026 | 0.11% | 18,975 | Common | NONE |
| 001055102 | AFL | AFLAC INC | $450,894 | 0.11% | 4,089 | Common | NONE |
| 88160R101 | TSLA | TESLA INC | $445,673 | 0.10% | 991 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $441,379 | 0.10% | 5,498 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $428,813 | 0.10% | 4,601 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $413,590 | 0.10% | 1,195 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $405,728 | 0.09% | 3,376 | Common | NONE |
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $395,403 | 0.09% | 14,415 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $380,819 | 0.09% | 607 | Common | NONE |
| 192446102 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $379,808 | 0.09% | 4,576 | Common | NONE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $370,331 | 0.09% | 4,185 | Common | NONE |
| 78464A508 | SPYV | SPDR SERIES TRUST | $367,340 | 0.09% | 6,466 | Common | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $365,909 | 0.09% | 2,757 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $363,568 | 0.09% | 3,454 | Common | NONE |
| 172062101 | CINF | CINCINNATI FINL CORP | $354,404 | 0.08% | 2,170 | Common | NONE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $352,390 | 0.08% | 618 | Common | NONE |
| 48251W104 | KKR | KKR & CO INC | $350,825 | 0.08% | 2,752 | Common | NONE |
| 464287473 | IWS | ISHARES TR | $350,791 | 0.08% | 2,487 | Common | NONE |
| 902973304 | USB | US BANCORP DEL | $348,868 | 0.08% | 6,538 | Common | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $348,746 | 0.08% | 1,962 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $348,257 | 0.08% | 2,285 | Common | NONE |
| 78464A409 | SPYG | SPDR SERIES TRUST | $343,683 | 0.08% | 3,221 | Common | NONE |
| 92203J407 | BNDX | VANGUARD CHARLOTTE FDS | $335,969 | 0.08% | 6,953 | Common | NONE |
| 20825C104 | COP | CONOCOPHILLIPS | $335,779 | 0.08% | 3,587 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $327,132 | 0.08% | 2,611 | Common | NONE |
| 09260D107 | BX | BLACKSTONE INC | $324,619 | 0.08% | 2,106 | Common | NONE |
| 570535104 | MKL | MARKEL GROUP INC | $307,400 | 0.07% | 143 | Common | NONE |
| 74834L100 | DGX | QUEST DIAGNOSTICS INC | $297,083 | 0.07% | 1,712 | Common | NONE |
| 82509L107 | SHOP | SHOPIFY INC | $296,185 | 0.07% | 1,840 | Common | NONE |
| 31428X106 | FDX | FEDEX CORP | $282,216 | 0.07% | 977 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $272,915 | 0.06% | 886 | Common | NONE |
| 921910816 | MGK | VANGUARD WORLD FD | $266,659 | 0.06% | 646 | Common | NONE |
| 866796105 | SLF | SUN LIFE FINANCIAL INC. | $254,779 | 0.06% | 4,083 | Common | NONE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $249,519 | 0.06% | 930 | Common | NONE |
| 171340102 | CHD | CHURCH & DWIGHT CO INC | $237,966 | 0.06% | 2,838 | Common | NONE |
| 74743L100 | Q | QNITY ELECTRONICS INC | $236,050 | 0.06% | 2,891 | Common | NONE |
| 25746U109 | D | DOMINION ENERGY INC | $230,962 | 0.05% | 3,942 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $227,909 | 0.05% | 371 | Common | NONE |
| 615369105 | MCO | MOODYS CORP | $227,328 | 0.05% | 445 | Common | NONE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $223,210 | 0.05% | 5,026 | Common | NONE |
| 36262G101 | GXO | GXO LOGISTICS INCORPORATED | $213,824 | 0.05% | 4,062 | Common | NONE |
| 00206R102 | T | AT&T INC | $208,929 | 0.05% | 8,411 | Common | NONE |
| 020002101 | ALL | ALLSTATE CORP | $208,358 | 0.05% | 1,001 | Common | NONE |
| 75321W103 | PACK | RANPAK HOLDINGS CORP | $59,104 | 0.01% | 10,925 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.