Latest Ballast, Inc. Stock Portfolio

Ballast, Inc. Performance:

2025 Q4: 1.88%YTD: 10.76%2024: 12.07%

Performance for 2025 Q4 is 1.88%, and YTD is 10.76%, and 2024 is 12.07%.

About Ballast, Inc. and 13F Hedge Fund Stock Holdings

Ballast, Inc. is a hedge fund based in Lexington, KY. On 2026-02-03, the fund reported it's updated stock portfolio. In the 13F Holdings report, Ballast, Inc. reported an equity portfolio of $427.3 Millions as of 31 Dec, 2025.

The top stock holdings of Ballast, Inc. are VB, VB, CSD. The fund has invested 10.2% of it's portfolio in VANGUARD INDEX FDS and 9.4% of portfolio in VANGUARD INDEX FDS.

The fund managers got completely rid off MARSH & MCLENNAN COS INC (MMC), ECOLAB INC (ECL) and CINTAS CORP (CTAS) stocks. They significantly reduced their stock positions in PACER FDS TR (AFTY), MICRON TECHNOLOGY INC (MU) and CINCINNATI FINL CORP (CINF). Ballast, Inc. opened new stock positions in BERKSHIRE HATHAWAY INC DEL, VANGUARD STAR FDS (VXUS) and CHURCHILL DOWNS INC (CHDN). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD INDEX FDS (VB), AMERICAN EXPRESS CO (AXP) and ISHARES TR (IJR).

Ballast, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Ballast, Inc. made a return of 1.88% in the last quarter. In trailing 12 months, it's portfolio return was 10.76%.

Performance
S&P 500

New Buys

Ticker	$ Bought
berkshire hathaway inc del	754,800
vanguard star fds	733,579
churchill downs inc	497,901
commercial bancgroup inc	466,026
vanguard charlotte fds	335,969
shopify inc	296,185
qnity electronics inc	236,050
moodys corp	227,328

New stocks bought by Ballast, Inc.

Additions

Ticker	% Inc.
vanguard index fds	258
american express co	121
ishares tr	81.18
dupont de nemours inc	41.13
vanguard index fds	39.86
chevron corp new	22.85
vanguard whitehall fds	20.95
kimberly-clark corp	17.11

Additions to existing portfolio by Ballast, Inc.

Reductions

Ticker	% Reduced
pacer fds tr	-39.44
micron technology inc	-20.79
cincinnati finl corp	-18.27
invesco exch traded fd tr ii	-17.53
advanced micro devices inc	-16.05
spdr series trust	-13.53
northrop grumman corp	-11.84
norfolk southn corp	-11.59

Ballast, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
altria group inc	-203,267
marsh & mclennan cos inc	-247,882
cintas corp	-205,260
ecolab inc	-205,395
ishares tr	-137,191
linde plc	-201,400

Ballast, Inc. got rid off the above stocks

Sector Distribution

Ballast, Inc. has about 67.3% of it's holdings in Others sector.

Sector	%
Others	67.3
Technology	8.7
Healthcare	4.6
Financial Services	4.5
Consumer Defensive	3.4
Consumer Cyclical	3.4
Industrials	3.1
Communication Services	2.6
Energy	1.3

Market Cap. Distribution

Ballast, Inc. has about 31.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	67.3
MEGA-CAP	18.9
LARGE-CAP	12.5
MID-CAP	1.3

Stocks belong to which Index?

About 32.1% of the stocks held by Ballast, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	67.9
S&P 500	31
RUSSELL 2000	1.1

Top 5 Winners (%)		%
MU	micron technology inc	63.2 %
LLY	eli lilly & co	39.1 %
AMD	advanced micro devices inc	29.8 %
GOOG	alphabet inc	28.6 %
GOOG	alphabet inc	27.5 %

Top 5 Winners ($)		$
MU	micron technology inc	1.3 M
LLY	eli lilly & co	1.3 M
VAW	vanguard world fd	1.1 M
GOOG	alphabet inc	0.9 M
AAPL	apple inc	0.9 M

Top 5 Losers (%)		%
DD	dupont de nemours inc	-44.5 %
ORCL	oracle corp	-29.9 %
KMB	kimberly-clark corp	-17.7 %
GRBK	green brick partners inc	-15.2 %
HD	home depot inc	-14.7 %

Top 5 Losers ($)		$
DD	dupont de nemours inc	-0.9 M
GRBK	green brick partners inc	-0.8 M
MSFT	microsoft corp	-0.6 M
VB	vanguard index fds	-0.5 M
ORCL	oracle corp	-0.4 M

Ballast, Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Ballast, Inc.

Ballast, Inc. has 132 stocks in it's portfolio. About 53.6% of the portfolio is in top 10 stocks. DD proved to be the most loss making stock for the portfolio. MU was the most profitable stock for Ballast, Inc. last quarter.

Last Reported on: 03 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.26	51,300	13,946,500	reduced	-3.68

AAXJ	ishares tr	3.01	415,371	12,859,900	added	4.65

ABBV	abbvie inc	0.18	3,324	759,501	added	6.13

ABT	abbott labs	0.08	2,611	327,132	reduced	-3.04

ACN	accenture plc ireland	0.06	930	249,519	unchanged	0.00

AFL	aflac inc	0.11	4,089	450,894	added	0.05

AFTY	pacer fds tr	2.82	200,343	12,054,600	reduced	-39.44

ALL	allstate corp	0.05	1,001	208,358	added	0.1

AMD	advanced micro devices inc	0.39	7,801	1,670,660	reduced	-16.05

AMZN	amazon com inc	0.96	17,757	4,098,670	added	4.66

AVGO	broadcom inc	0.10	1,195	413,590	added	1.1

AXP	american express co	0.25	2,854	1,055,840	added	121

BA	boeing co	0.38	7,388	1,604,080	added	5.85

BAC	bank america corp	0.12	8,981	493,955	added	4.89

BIL	spdr series trust	0.09	6,466	367,340	reduced	-3.58

BIL	spdr series trust	0.08	3,221	343,683	reduced	-13.53

BNDX	vanguard charlotte fds	0.08	6,953	335,969	new

BX	blackstone inc	0.08	2,106	324,619	added	0.1

CAT	caterpillar inc	0.38	2,833	1,622,940	added	0.28

CB	chubb limited	0.35	4,766	1,487,560	added	0.61