Managing Partner

0001398344-23-001091.txt : 20230126 0001398344-23-001091.hdr.sgml : 20230126 20230126145931 ACCESSION NUMBER: 0001398344-23-001091 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20221231 FILED AS OF DATE: 20230126 DATE AS OF CHANGE: 20230126 EFFECTIVENESS DATE: 20230126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BALLAST ADVISORS LLC CENTRAL INDEX KEY: 0001803415 IRS NUMBER: 815217330 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-20071 FILM NUMBER: 23557151 BUSINESS ADDRESS: STREET 1: 683 BIELENBERG DRIVE STREET 2: SUITE 208 CITY: WOODBURY STATE: MN ZIP: 55125-1705 BUSINESS PHONE: 651-478-4644 MAIL ADDRESS: STREET 1: 683 BIELENBERG DRIVE STREET 2: SUITE 208 CITY: WOODBURY STATE: MN ZIP: 55125-1705 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001803415 XXXXXXXX 12-31-2022 12-31-2022 false BALLAST ADVISORS LLC

683 BIELENBERG DRIVE SUITE 208 WOODBURY MN 55125-1705

13F HOLDINGS REPORT 028-20071 000285991 801-108984 N Richard Gerczak Managing Partner 651-200-3110 /s/ Richard Gerczak Arden Hills MN 01-26-2023 0 179 228406658 INFORMATION TABLE 2 fp0081679-1_13fhr-table.xml 3M CO COM 88579Y101 1588869 13249 SH SOLE 13249 0 0 ABBOTT LABS COM 002824100 318062 2897 SH SOLE 2897 0 0 ABBVIE INC COM 00287Y109 452122 2798 SH SOLE 2798 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 278848 1045 SH SOLE 1045 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 977799 11100 SH SOLE 11100 0 0 ALPHABET INC CAP STK CL A 02079K305 1195869 13554 SH SOLE 13554 0 0 ALPHABET INC CAP STK CL C 02079K107 844000 9512 SH SOLE 9512 0 0 AMAZON COM INC COM 023135106 1447320 17230 SH SOLE 17230 0 0 AMERICAN EXPRESS CO COM 025816109 387253 2621 SH SOLE 2621 0 0 AMERICAN TOWER CORP NEW COM 03027X100 215673 1018 SH SOLE 1018 0 0 AMGEN INC COM 031162100 483258 1840 SH SOLE 1840 0 0 APOGEE ENTERPRISES INC COM 037598109 383112 8617 SH SOLE 8617 0 0 APPLE INC COM 037833100 18167538 139826 SH SOLE 139826 0 0 AT&T INC COM 00206R102 245774 13350 SH SOLE 13350 0 0 BANK AMERICA CORP COM 060505104 233364 7046 SH SOLE 7046 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3400371 11008 SH SOLE 11008 0 0 BLACKSTONE INC COM 09260D107 2555861 34450 SH SOLE 34450 0 0 BRIDGEWATER BANCSHARES INC COM ACCD INV 108621103 294484 16600 SH SOLE 16600 0 0 CANADIAN PAC RY LTD COM 13645T100 678396 9095 SH SOLE 9095 0 0 CATERPILLAR INC COM 149123101 811869 3389 SH SOLE 3389 0 0 CHEVRON CORP NEW COM 166764100 1508332 8403 SH SOLE 8403 0 0 CINTAS CORP COM 172908105 426781 945 SH SOLE 945 0 0 CISCO SYS INC COM 17275R102 373021 7830 SH SOLE 7830 0 0 COCA COLA CO COM 191216100 605583 9520 SH SOLE 9520 0 0 COSTCO WHSL CORP NEW COM 22160K105 389851 854 SH SOLE 854 0 0 CUMMINS INC COM 231021106 223391 922 SH SOLE 922 0 0 CVS HEALTH CORP COM 126650100 729285 7826 SH SOLE 7826 0 0 DONALDSON INC COM 257651109 200335 3403 SH SOLE 3403 0 0 ELEVANCE HEALTH INC NOTE 2.750%10/1 94973VBG1 80909 11000 PRN SOLE 11000 0 0 ENTERPRISE PRODS PARTNERS L COM 293792107 8038765 333282 SH SOLE 333282 0 0 EXXON MOBIL CORP COM 30231G102 735039 6664 SH SOLE 6664 0 0 FASTENAL CO COM 311900104 648284 13700 SH SOLE 13700 0 0 FORD MTR CO DEL COM 345370860 153593 13207 SH SOLE 13207 0 0 HILTON WORLDWIDE HLDGS INC COM 43300A203 249182 1972 SH SOLE 1972 0 0 HOME DEPOT INC COM 437076102 638556 2022 SH SOLE 2022 0 0 HONEYWELL INTL INC COM 438516106 577272 2694 SH SOLE 2694 0 0 INTEL CORP COM 458140100 206260 7804 SH SOLE 7804 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 468372 3324 SH SOLE 3324 0 0 ISHARES TR 1 3 YR TREAS BD 464287457 1970321 24274 SH SOLE 24274 0 0 ISHARES TR 20 YR TR BD ETF 464287432 1991200 20000 SH SOLE 20000 0 0 ISHARES TR 3 7 YR TREAS BD 464288661 42854 373 SH SOLE 373 0 0 ISHARES TR 7-10 YR TRSY BD 464287440 392794 4101 SH SOLE 4101 0 0 ISHARES TR CORE MSCI EAFE 46432F842 253754 4117 SH SOLE 4117 0 0 ISHARES TR CORE S&P500 ETF 464287200 1383924 3602 SH SOLE 3602 0 0 ISHARES TR CORE S&P US GWT 464287671 113639 1394 SH SOLE 1394 0 0 ISHARES TR CORE US AGGBD ET 464287226 13338752 137527 SH SOLE 137527 0 0 ISHARES TR IBOXX INV CP ETF 464287242 65999 626 SH SOLE 626 0 0 ISHARES TR INTL SEL DIV ETF 464288448 131065 4826 SH SOLE 4826 0 0 ISHARES TR MRGSTR MD CP GRW 464288307 6466 120 SH SOLE 120 0 0 ISHARES TR MSCI EAFE ETF 464287465 184645 2813 SH SOLE 2813 0 0 ISHARES TR EAFE GRWTH ETF 464288885 73793 881 SH SOLE 881 0 0 ISHARES TR EAFE SML CP ETF 464288273 2598 46 SH SOLE 46 0 0 ISHARES TR EAFE VALUE ETF 464288877 80141 1747 SH SOLE 1747 0 0 ISHARES TR MSCI EMG MKT ETF 464287234 4510 119 SH SOLE 119 0 0 ISHARES TR MSCI KLD400 SOC 464288570 9835 137 SH SOLE 137 0 0 ISHARES TR NATIONAL MUN ETF 464288414 322047 3052 SH SOLE 3052 0 0 ISHARES TR RUS 1000 GRW ETF 464287614 823753 3845 SH SOLE 3845 0 0 ISHARES TR RUS 1000 VAL ETF 464287598 9251 61 SH SOLE 61 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 2053786 11779 SH SOLE 11779 0 0 ISHARES TR RUS 2000 GRW ETF 464287648 4290 20 SH SOLE 20 0 0 ISHARES TR RUS 2000 VAL ETF 464287630 46870 338 SH SOLE 338 0 0 ISHARES TR RUSSELL 3000 ETF 464287689 45980 208 SH SOLE 208 0 0 ISHARES TR RUS MID CAP ETF 464287499 98342 1458 SH SOLE 1458 0 0 ISHARES TR RUS MD CP GR ETF 464287481 159342 1906 SH SOLE 1906 0 0 ISHARES TR RUS TP200 GR ETF 464289438 316632 2627 SH SOLE 2627 0 0 ISHARES TR RUS TP200 VL ETF 464289420 216870 3338 SH SOLE 3338 0 0 ISHARES TR S&P 500 GRWT ETF 464287309 67802 1159 SH SOLE 1159 0 0 ISHARES TR S&P 500 VAL ETF 464287408 148552 1024 SH SOLE 1024 0 0 ISHARES TR S&P MC 400GR ETF 464287606 66661 976 SH SOLE 976 0 0 ISHARES TR S&P MC 400VL ETF 464287705 75600 750 SH SOLE 750 0 0 ISHARES TR CORE S&P MCP ETF 464287507 103529 428 SH SOLE 428 0 0 ISHARES TR S&P SML 600 GWT 464287887 59438 550 SH SOLE 550 0 0 ISHARES TR SP SMCP600VL ETF 464287879 5479 60 SH SOLE 60 0 0 ISHARES TR CORE S&P SCP ETF 464287804 1162558 12284 SH SOLE 12284 0 0 ISHARES TR SELECT DIVID ETF 464287168 58129 482 SH SOLE 482 0 0 ISHARES TR SHRT NAT MUN ETF 464288158 345134 3310 SH SOLE 3310 0 0 ISHARES TR TIPS BD ETF 464287176 787230 7396 SH SOLE 7396 0 0 ISHARES TR U.S. MED DVC ETF 464288810 332821 6331 SH SOLE 6331 0 0 ISHARES TR PFD AND INCM SEC 464288687 35341 1158 SH SOLE 1158 0 0 JANUS HENDERSON GROUP PLC ORD SHS G4474Y214 416304 17700 SH SOLE 17700 0 0 JOHNSON & JOHNSON COM 478160104 1644626 9310 SH SOLE 9310 0 0 JPMORGAN CHASE & CO COM 46625H100 7390922 55115 SH SOLE 55115 0 0 LILLY ELI & CO COM 532457108 287184 785 SH SOLE 785 0 0 LINDE PLC SHS G5494J103 210386 645 SH SOLE 645 0 0 LISTED FD TR TRUESHARES STRCT 53656F664 141159 4432 SH SOLE 4432 0 0 LISTED FD TR TRUESHS ESG ACTV 53656F813 73366 2313 SH SOLE 2313 0 0 LISTED FD TR TRUESHS TECH AI 53656F821 67154 2937 SH SOLE 2937 0 0 LOCKHEED MARTIN CORP COM 539830109 495247 1018 SH SOLE 1018 0 0 MARRIOTT INTL INC NEW CL A 571903202 404087 2714 SH SOLE 2714 0 0 MCDONALDS CORP COM 580135101 344961 1309 SH SOLE 1309 0 0 MEDTRONIC PLC SHS G5960L103 703211 9048 SH SOLE 9048 0 0 MERCK & CO INC COM 58933Y105 362030 3263 SH SOLE 3263 0 0 MICROSOFT CORP COM 594918104 5801911 24193 SH SOLE 24193 0 0 NORTHERN TECHNOLOGIES INTL C COM 665809109 2542210 191000 SH SOLE 191000 0 0 NVIDIA CORPORATION COM 67066G104 319316 2185 SH SOLE 2185 0 0 OGE ENERGY CORP COM 670837103 263917 6673 SH SOLE 6673 0 0 ORACLE CORP COM 68389X105 307833 3766 SH SOLE 3766 0 0 PEPSICO INC COM 713448108 565646 3131 SH SOLE 3131 0 0 PFIZER INC COM 717081103 511478 9982 SH SOLE 9982 0 0 PHILIP MORRIS INTL INC COM 718172109 218917 2163 SH SOLE 2163 0 0 PROCTER AND GAMBLE CO COM 742718109 533037 3517 SH SOLE 3517 0 0 RESMED INC COM 761152107 211668 1017 SH SOLE 1017 0 0 SCHWAB STRATEGIC TR US REIT ETF 808524847 1551392 80425 SH SOLE 80425 0 0 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 5083192 214753 SH SOLE 214753 0 0 SCHWAB STRATEGIC TR INT-TRM U.S TRES 808524854 9748 198 SH SOLE 198 0 0 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 19292955 598974 SH SOLE 598974 0 0 SCHWAB STRATEGIC TR SHT TM US TRES 808524862 4477989 92827 SH SOLE 92827 0 0 SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 5916573 132037 SH SOLE 132037 0 0 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 22965539 508650 SH SOLE 508650 0 0 SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 14367538 258595 SH SOLE 258595 0 0 SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 27369413 414562 SH SOLE 414562 0 0 SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 343928 5242 SH SOLE 5242 0 0 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 4057595 100163 SH SOLE 100163 0 0 SCHWAB STRATEGIC TR US TIPS ETF 808524870 137710 2659 SH SOLE 2659 0 0 SCHWAB STRATEGIC TR US AGGREGATE B 808524839 1707264 37399 SH SOLE 37399 0 0 SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 95180 1260 SH SOLE 1260 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 13792 185 SH SOLE 185 0 0 SELECT SECTOR SPDR TR ENERGY 81369Y506 24841 284 SH SOLE 284 0 0 SELECT SECTOR SPDR TR FINANCIAL 81369Y605 35226 1030 SH SOLE 1030 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 12906 95 SH SOLE 95 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 6776 69 SH SOLE 69 0 0 SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 770692 20869 SH SOLE 20869 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 59607 479 SH SOLE 479 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 141212 2003 SH SOLE 2003 0 0 SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 32638 798 SH SOLE 798 0 0 SPDR INDEX SHS FDS MSCI ACWI CLMTE 78463X194 23650 903 SH SOLE 903 0 0 SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889 1444359 48648 SH SOLE 48648 0 0 SPDR INDEX SHS FDS S&P CHINA ETF 78463X400 11676 149 SH SOLE 149 0 0 SPDR INDEX SHS FDS ASIA PACIF ETF 78463X301 21412 223 SH SOLE 223 0 0 SPDR INDEX SHS FDS PORTFOLIO EMG MK 78463X509 60383 1832 SH SOLE 1832 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 1388221 3630 SH SOLE 3630 0 0 SPDR SER TR PORTFOLIO LN TSR 78464A664 55157 1900 SH SOLE 1900 0 0 SPDR SER TR BLOOMBERG HIGH Y 78468R622 7200 80 SH SOLE 80 0 0 SPDR SER TR BLOOMBERG SHT TE 78468R408 344959 14231 SH SOLE 14231 0 0 SPDR SER TR NUVEEN BLMBRG MU 78468R721 81614 1789 SH SOLE 1789 0 0 SPDR SER TR NUVEEN BLMBRG SH 78468R739 35235 750 SH SOLE 750 0 0 SPDR SER TR NUVEEN BLOOMBERG 78464A284 15377 314 SH SOLE 314 0 0 SPDR SER TR PORTFOLIO S&P500 78464A854 39762 884 SH SOLE 884 0 0 SPDR SER TR PRTFLO S&P500 GW 78464A409 373653 7374 SH SOLE 7374 0 0 SPDR SER TR S&P 400 MDCP GRW 78464A821 69195 1059 SH SOLE 1059 0 0 SPDR SER TR S&P 400 MDCP VAL 78464A839 34366 531 SH SOLE 531 0 0 SPDR SER TR S&P 600 SMCP GRW 78464A201 121797 1686 SH SOLE 1686 0 0 SPDR SER TR S&P 600 SMCP VAL 78464A300 211379 2848 SH SOLE 2848 0 0 SPDR SER TR S&P BIOTECH 78464A870 61337 739 SH SOLE 739 0 0 SPDR SER TR S&P DIVID ETF 78464A763 96210 769 SH SOLE 769 0 0 SPDR SER TR PRTFLO S&P500 HI 78468R788 28754 726 SH SOLE 726 0 0 SPDR SER TR PRTFLO S&P500 VL 78464A508 206584 5312 SH SOLE 5312 0 0 SPDR SER TR PORTFOLIO SH TSR 78468R101 2196 76 SH SOLE 76 0 0 SPDR SER TR S&P 600 SML CAP 78464A813 537242 6535 SH SOLE 6535 0 0 SPDR SER TR HLTH CARE SVCS 78464A573 5427 64 SH SOLE 64 0 0 STARBUCKS CORP COM 855244109 600870 6057 SH SOLE 6057 0 0 TESLA INC COM 88160R101 331724 2693 SH SOLE 2693 0 0 TJX COS INC NEW COM 872540109 221447 2782 SH SOLE 2782 0 0 UBER TECHNOLOGIES INC COM 90353T100 2913911 117829 SH SOLE 117829 0 0 UNION PAC CORP COM 907818108 268156 1295 SH SOLE 1295 0 0 UNITEDHEALTH GROUP INC COM 91324P102 766110 1445 SH SOLE 1445 0 0 US BANCORP DEL COM NEW 902973304 243301 5579 SH SOLE 5579 0 0 VANGUARD CHARLOTTE FDS TOTAL INT BD ETF 92203J407 408040 8603 SH SOLE 8603 0 0 VANGUARD INDEX FDS GROWTH ETF 922908736 384024 1802 SH SOLE 1802 0 0 VANGUARD INDEX FDS LARGE CAP ETF 922908637 196846 1130 SH SOLE 1130 0 0 VANGUARD INDEX FDS MID CAP ETF 922908629 36890 181 SH SOLE 181 0 0 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 145577 1765 SH SOLE 1765 0 0 VANGUARD INDEX FDS SML CP GRW ETF 922908595 2005 10 SH SOLE 10 0 0 VANGUARD INDEX FDS SMALL CP ETF 922908751 133066 725 SH SOLE 725 0 0 VANGUARD INDEX FDS TOTAL STK MKT 922908769 5545 29 SH SOLE 29 0 0 VANGUARD INDEX FDS VALUE ETF 922908744 148371 1057 SH SOLE 1057 0 0 VANGUARD MALVERN FDS STRM INFPROIDX 922020805 381434 8166 SH SOLE 8166 0 0 VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 434180 10345 SH SOLE 10345 0 0 VANGUARD WHITEHALL FDS EM MK GOV BD ETF 921946885 1451568 23804 SH SOLE 23804 0 0 VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 81374 752 SH SOLE 752 0 0 VANGUARD WORLD FDS CONSUM STP ETF 92204A207 47318 247 SH SOLE 247 0 0 VANGUARD WORLD FDS FINANCIALS ETF 92204A405 119379 1443 SH SOLE 1443 0 0 VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 9922 40 SH SOLE 40 0 0 VANGUARD WORLD FDS INF TECH ETF 92204A702 196757 616 SH SOLE 616 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 358179 9091 SH SOLE 9091 0 0 VISA INC COM CL A 92826C839 1319899 6353 SH SOLE 6353 0 0 WALMART INC COM 931142103 320749 2262 SH SOLE 2262 0 0 WASTE MGMT INC DEL COM 94106L109 280019 1785 SH SOLE 1785 0 0 XCEL ENERGY INC COM 98389B100 428196 6107 SH SOLE 6107 0 0