Ballast, Inc. has filed a Form 13F-HR with the U.S. Securities and Exchange Commission, disclosing its equity securities portfolio as of the close of business on September 30, 2026. The filing, signed by President John Boardman, lists a total of 168 positions held by the firm.
The portfolio is heavily weighted toward large-cap technology and consumer staples companies. Top holdings include Apple Inc., with 51,028 shares, and Microsoft Corporation, with 18,731 shares. Other significant positions include NVIDIA Corporation (10,819 shares), Amazon.com Inc. (23,752 shares), and Alphabet Inc. Class C (15,717 shares).
Outside of technology, the filing reveals substantial investments in financial services and healthcare. JPMorgan Chase & Co. is held in the amount of 16,626 shares, while UnitedHealth Group Inc. comprises 17,687 shares. The firm also holds positions in Johnson & Johnson (25,874 shares) and Procter & Gamble Co. (20,672 shares).
In addition to individual equities, the report indicates that Ballast, Inc. holds a substantial number of shares in exchange-traded funds (ETFs). Notable ETF holdings include the Invesco S&P 500 Low Volatility ETF (188,241 shares), the Invesco S&P 500 Quality ETF (388,010 shares), and the Vanguard Morningstar Small Cap ETF (189,208 shares). The filing also lists several put options, including 5,000 shares of the iShares MSCI Emerging Markets ETF and 1,000 shares of the iShares Russell 2000 ETF.
