Ballast, Inc.

CIK

1730477

Location

Lexington, KY

Portfolio Value

Small $140,605,096

Diversification

Diversified

Filing Date

Global Rank

#4,987 / 8,604 ▲ 166 · as of Mar 2026

Top Industry

Consumer Electronics 9.3%

3Y Alpha vs SPY

-1.5%

Period ended 3 months ago

Filed May 15, 2026 · 54d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+68.0%

SPY

+76.5%

Annualised alpha

-2.0%

Max drawdown

−16.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

97 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.2%

−0.8 pts

Top 5

24.8%

−1.9 pts

Top 10

38.5%

−2.9 pts

HHI

253

Diversified−24

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.3%	$34,174,802	15
Financial Services	16.4%	$23,118,249	21
Healthcare	13.0%	$18,224,313	10
Consumer Defensive	10.9%	$15,352,496	9
Industrials	10.6%	$14,888,087	15
Consumer Cyclical	9.6%	$13,452,194	8
Energy	4.9%	$6,883,331	5
Communication Services	4.5%	$6,319,726	5
Utilities	3.3%	$4,694,183	4
Unclassified	1.4%	$2,005,533	3
Basic Materials	1.1%	$1,492,182	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AMD	Advanced Micro Devices Inc	+967	8,768	$1,783,674
CAT	Caterpillar Inc	+948	3,781	$2,678,687
MSFT	Microsoft Corp	+911	17,141	$6,345,083
NKE	NIKE, Inc.	+768	25,661	$1,355,414
AMZN	Amazon Com Inc	+768	18,525	$3,858,201
PG	PROCTER & GAMBLE Co	+723	17,017	$2,457,935
PFE	Pfizer Inc	+714	43,332	$1,216,762
SHOP	Shopify Inc.	+685	2,525	$299,515
T	At&T Inc.	+647	9,058	$262,591
DD	DuPont de Nemours, Inc.	+610	27,980	$1,281,484
MDLZ	Mondelez International, Inc.	+576	22,435	$1,293,153
SPY	Spdr S&P 500 ETF Trust	+540	1,801	$1,171,262
MRK	Merck & Co., Inc.	+500	3,954	$475,626
JNJ	Johnson & Johnson	+428	23,130	$5,653,897
DIS	Walt Disney Co	+318	14,834	$1,429,700
JPM	Jpmorgan Chase & Co	+316	14,086	$4,143,537
TSLA	Tesla, Inc.	+300	1,291	$479,929
GOOGL	Alphabet Inc.	+280	9,935	$2,856,908
KMB	Kimberly Clark Corp	+271	11,854	$1,143,555
ED	Consolidated Edison Inc	+267	16,616	$1,880,598
CSCO	Cisco Systems, Inc.	+198	25,102	$1,947,664
UNP	Union Pacific Corp	+198	5,516	$1,338,291
BA	Boeing Co	+196	7,584	$1,509,443
DUK	Duke Energy CORP	+158	15,948	$2,088,231
MDT	Medtronic plc	+151	12,939	$1,121,164
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
XOM	Exxon Mobil Corp	−3,115	16,454	$2,791,585
XPO	XPO, Inc.	−1,528	2,645	$514,584
CTSH	Cognizant Technology Solutions Corp	−668	3,908	$239,755
WMT	Walmart Inc.	−472	23,600	$2,933,008
D	Dominion Energy, Inc	−469	3,473	$214,700
AAPL	Apple Inc.	−433	50,867	$12,909,535
Q	Qnity Electronics, Inc.	−334	2,557	$295,026
WFC	Wells Fargo & Company/Mn	−298	4,303	$342,561
ABT	Abbott Laboratories	−278	2,333	$239,529
KO	Coca Cola Co	−277	11,829	$899,595
UNH	Unitedhealth Group Inc	−253	15,693	$4,246,368
MU	Micron Technology Inc	−251	9,850	$3,327,724
CHD	Church & Dwight Co Inc /De/	−251	2,587	$241,418
BRK-B	Berkshire Hathaway Inc	−173	10,862	$5,205,070
MCD	Mcdonalds Corp	−130	2,328	$723,519
HAL	Halliburton Co	−127	44,543	$1,736,731
CHDN	Churchill Downs Inc	−111	4,265	$383,124
CVX	Chevron Corp	−100	2,185	$452,076
AXP	American Express Co	−78	2,776	$839,684
NOC	Northrop Grumman Corp /De/	−58	560	$382,054
NVDA	Nvidia Corp	−57	7,950	$1,386,480
GE	General Electric Co	−56	830	$235,529
MA	Mastercard Inc	−50	818	$408,721
TFC	Truist Financial Corp	−27	39,641	$1,822,296
V	Visa Inc.	−24	4,611	$1,393,628
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
LMT	Lockheed Martin Corp	381	$230,272
LIN	Linde PLC	425	$210,698
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
ACN	Accenture plc	930	$249,519
MCO	Moodys Corp /De/	445	$227,328
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

97 positions · $140,605,096 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 97 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	50,867	-433	$12,909,535	−7.4%	9.18%
MSFT	Microsoft Corp Technology	Added	17,141	+911	$6,345,083	−19.2%	4.51%
JNJ	Johnson & Johnson Healthcare	Added	23,130	+428	$5,653,897	+20.3%	4.02%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	10,862	-173	$5,205,070	−6.2%	3.70%
GRBK	Green Brick Partners, Inc. Consumer Cyclical	Held	73,494	0	$4,736,688	+2.9%	3.37%
UNH	Unitedhealth Group Inc Healthcare	Reduced	15,693	-253	$4,246,368	−19.3%	3.02%
JPM	Jpmorgan Chase & Co Financial Services	Added	14,086	+316	$4,143,537	−6.6%	2.95%
AMZN	Amazon Com Inc Consumer Cyclical	Added	18,525	+768	$3,858,201	−5.9%	2.74%
LLY	ELI LILLY & Co Healthcare	Reduced	3,993	-5	$3,672,641	−14.5%	2.61%
MU	Micron Technology Inc Technology	Reduced	9,850	-251	$3,327,724	+15.4%	2.37%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	3,026	+21	$3,015,197	+16.4%	2.14%
WMT	Walmart Inc. Consumer Defensive	Reduced	23,600	-472	$2,933,008	+9.4%	2.09%
GOOGL	Alphabet Inc. Communication Services	Added	9,935	+280	$2,856,908	−5.5%	2.03%
XOM	Exxon Mobil Corp Energy	Reduced	16,454	-3,115	$2,791,585	+18.5%	1.99%
CAT	Caterpillar Inc Industrials	Added	3,781	+948	$2,678,687	+65.1%	1.91%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	17,017	+723	$2,457,935	+5.3%	1.75%
RTX	RTX Corp Industrials	Added	11,035	+31	$2,128,651	+5.5%	1.51%
DE	Deere & Co Industrials	Added	3,732	+123	$2,102,235	+25.1%	1.50%
DUK	Duke Energy CORP Utilities	Added	15,948	+158	$2,088,231	+12.8%	1.49%
TGT	Target Corp Consumer Defensive	Added	16,474	+57	$1,996,648	+24.4%	1.42%
CSCO	Cisco Systems, Inc. Technology	Added	25,102	+198	$1,947,664	+1.5%	1.39%
TRV	Travelers Companies, Inc. Financial Services	Added	6,584	+56	$1,920,421	+1.4%	1.37%
ED	Consolidated Edison Inc Utilities	Added	16,616	+267	$1,880,598	+15.8%	1.34%
HD	Home Depot, Inc. Consumer Cyclical	Added	5,705	+86	$1,876,317	−3.0%	1.33%
TFC	Truist Financial Corp Financial Services	Reduced	39,641	-27	$1,822,296	−6.6%	1.30%
AMD	Advanced Micro Devices Inc Technology	Added	8,768	+967	$1,783,674	+6.8%	1.27%
HAL	Halliburton Co Energy	Reduced	44,543	-127	$1,736,731	+37.6%	1.24%
HON	Honeywell International Inc Industrials	Added	7,506	+59	$1,696,581	+16.8%	1.21%
TXN	Texas Instruments Inc Technology	Added	8,559	+36	$1,661,644	+12.4%	1.18%
NTRS	Northern Trust Corp Financial Services	Added	11,783	+111	$1,644,553	+3.2%	1.17%
CB	Chubb Ltd Financial Services	Added	4,811	+45	$1,568,049	+5.4%	1.12%
BA	Boeing Co Industrials	Added	7,584	+196	$1,509,443	−5.9%	1.07%
GLW	Corning Inc /Ny Technology	Held	10,924	0	$1,485,336	+55.3%	1.06%
VLO	Valero Energy Corp/Tx Energy	Added	5,787	+47	$1,429,851	+53.0%	1.02%
DIS	Walt Disney Co Communication Services	Added	14,834	+318	$1,429,700	−13.4%	1.02%
V	Visa Inc. Financial Services	Reduced	4,611	-24	$1,393,628	−14.3%	0.99%
NVDA	Nvidia Corp Technology	Reduced	7,950	-57	$1,386,480	−7.2%	0.99%
PEP	Pepsico Inc Consumer Defensive	Added	8,835	+109	$1,371,987	+9.6%	0.98%
NKE	NIKE, Inc. Consumer Cyclical	Added	25,661	+768	$1,355,414	−14.5%	0.96%
UNP	Union Pacific Corp Industrials	Added	5,516	+198	$1,338,291	+8.8%	0.95%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	22,435	+576	$1,293,153	+9.9%	0.92%
TMUS	T-Mobile US, Inc. Communication Services	Added	6,109	+124	$1,283,073	+5.6%	0.91%
DD	DuPont de Nemours, Inc. Basic Materials	Added	27,980	+610	$1,281,484	+16.5%	0.91%
PFE	Pfizer Inc Healthcare	Added	43,332	+714	$1,216,762	+14.7%	0.87%
CRM	Salesforce, Inc. Technology	Added	6,322	+95	$1,180,127	−28.5%	0.84%
SPY	Spdr S&P 500 ETF Trust	Added	1,801	+540	$1,171,262	+36.2%	0.83%
KMB	Kimberly Clark Corp Consumer Defensive	Added	11,854	+271	$1,143,555	−2.1%	0.81%
MDT	Medtronic plc Healthcare	Added	12,939	+151	$1,121,164	−8.7%	0.80%
KO	Coca Cola Co Consumer Defensive	Reduced	11,829	-277	$899,595	+6.3%	0.64%
AXP	American Express Co Financial Services	Reduced	2,776	-78	$839,684	−20.5%	0.60%