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Livermore
Livermore
ZHEN

Ballast Advisors LLC

SEC CIK
0001803415
Latest filing
Aug 12, 2026

The latest 13F from Ballast Advisors LLC covers Q2 2026 (filed Aug 12, 2026): 197 long positions worth $419.7M. The top 10 holdings make up 58.0% of the portfolio, and the largest is Schwab U.S. Large-Cap Value ETF at 9.8%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
11
Est. +$40.7M
Added
60
Est. +$15.1M
Reduced
62
Est. −$9.95M
Sold out
214
Est. −$9.81M

Top 5 holdings

Share of this quarter's portfolio value

  1. Schwab U.S. Large-Cap Value ETF808524409
    9.8%$41.1M
  2. Schwab U.S. Large-Cap ETF808524201
    8.8%$37.1M
  3. Schwab International Equity ETF808524805
    7.9%$33.0M
  4. Schwab U.S. Large-Cap Growth ETF808524300
    7.4%$31.0M
  5. AAPLApple Inc.
    5.5%$23.0MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. Schwab Strategic Tr808524862
    +$21.0MNew
  2. Schwab U.S. Broad Market ETF808524102
    +$8.16MNew
  3. Vanguard Malvern FDS922020805
    +$7.05MNew
  4. Janus Detroit STR Tr47103U845
    +$6.80MAdded
  5. Vanguard Mortgage-Backed Securities ETF92206C771
    +$3.14MNew

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Schwab Strategic Tr808524862
    +5.01 pp0.0% → 5.0%
  2. Schwab U.S. Broad Market ETF808524102
    +1.94 pp0.0% → 1.9%
  3. Vanguard Malvern FDS922020805
    +1.68 pp0.0% → 1.7%
  4. Janus Detroit STR Tr47103U845
    +1.62 pp<0.1% → 1.6%
  5. Vanguard Mortgage-Backed Securities ETF92206C771
    +0.75 pp0.0% → 0.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Schwab U.S. Large-Cap ETF808524201
    −$2.22MReduced
  2. Schwab U.S. Large-Cap Growth ETF808524300
    −$1.73MReduced
  3. WTS Constellation 3/31/4021037X134
    −$1.71MSold out
  4. AAPLApple Inc.
    −$761.6KReducedHistory
  5. Schwab International Equity ETF808524805
    −$565.9KReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. Schwab U.S. Large-Cap ETF808524201
    −1.13 pp10.0% → 8.8%
  2. Schwab International Equity ETF808524805
    −0.87 pp8.7% → 7.9%
  3. Schwab U.S. Large-Cap Growth ETF808524300
    −0.81 pp8.2% → 7.4%
  4. Schwab U.S. Large-Cap Value ETF808524409
    −0.81 pp10.6% → 9.8%
  5. WTS Constellation 3/31/4021037X134
    −0.50 pp0.5% → 0.0%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$419.7M
+$76.1M (+22.1%) vs. prior quarter
Positions
197
−203 vs. prior quarter
Top 10 concentration
58.0%
Top 10 as share of value
Turnover
5.2%
Q2 2026, one quarter
Average holding period
18.3 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $419.7M (Q2 2026)

Q1 2021: $216.8MQ2 2021: $236.5MQ3 2021: $240.5MQ4 2021: $261.5MQ1 2022: $256.2MQ2 2022: $222.4MQ3 2022: $213.8MQ4 2022: $228.4MQ1 2023: $250.7MQ2 2023: $265.5MQ3 2023: $250.7MQ4 2023: $267.8MQ1 2024: $296.7MQ2 2024: $315.1MQ3 2024: $323.6MQ4 2024: $324.5MQ1 2025: $313.8MQ2 2025: $339.4MQ3 2025: $363.1MQ4 2025: $362.5MQ1 2026: $343.6MQ2 2026: $419.7M
Q1 2021Q2 2026
13F filings of Ballast Advisors LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 12, 2026197$419.7MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q1 2026SEC
Q1 2026Jun 23, 2026Amended400$343.6MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q4 2025SEC
Q4 2025Feb 3, 2026175$362.5MSchwab U.S. Large-Cap ETFSchwab U.S. Large-Cap Value ETFSchwab International Equity ETFvs. Q3 2025SEC
Q3 2025Nov 12, 2025180$363.1MSchwab U.S. Large-Cap ETFSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap Growth ETFvs. Q2 2025SEC
Q2 2025Jul 31, 2025168$339.4MSchwab U.S. Large-Cap ETFSchwab U.S. Large-Cap Value ETFSchwab International Equity ETFvs. Q1 2025SEC
Q1 2025May 7, 2025164$313.8MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q4 2024SEC
Q4 2024Feb 11, 2025161$324.5MSchwab U.S. Large-Cap ETFSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap Growth ETFvs. Q3 2024SEC
Q3 2024Oct 30, 2024163$323.6MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q2 2024SEC
Q2 2024Jul 26, 2024163$315.1MSchwab U.S. Large-Cap ETFSchwab U.S. Large-Cap Value ETFSchwab International Equity ETFvs. Q1 2024SEC
Q1 2024May 1, 2024172$296.7MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q4 2023SEC
Q4 2023Jan 30, 2024169$267.8MSchwab U.S. Large-Cap ETFSchwab U.S. Large-Cap Value ETFSchwab International Equity ETFvs. Q3 2023SEC
Q3 2023Oct 19, 2023178$250.7MSchwab U.S. Large-Cap ETFSchwab U.S. Large-Cap Value ETFAAPLvs. Q2 2023SEC
Q2 2023Aug 4, 2023180$265.5MAAPLSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFvs. Q1 2023SEC
Q1 2023May 9, 2023185$250.7MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFAAPLvs. Q4 2022SEC
Q4 2022Jan 26, 2023179$228.4MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q3 2022SEC
Q3 2022Nov 14, 2022177$213.8MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFAAPLvs. Q2 2022SEC
Q2 2022Jul 20, 2022182$222.4MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFAAPLvs. Q1 2022SEC
Q1 2022Apr 21, 2022186$256.2MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFAAPLvs. Q4 2021SEC
Q4 2021Feb 4, 2022182$261.5MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFAAPLvs. Q3 2021SEC
Q3 2021Nov 1, 2021178$240.5MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFAAPLvs. Q2 2021SEC
Q2 2021Jul 20, 2021179$236.5MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFAAPLvs. Q1 2021SEC
Q1 2021Apr 26, 2021175$216.8MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETF–SEC