Managing Partner

0001398344-23-009241.txt : 20230509 0001398344-23-009241.hdr.sgml : 20230509 20230509165545 ACCESSION NUMBER: 0001398344-23-009241 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230509 DATE AS OF CHANGE: 20230509 EFFECTIVENESS DATE: 20230509 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: 23903054 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 03-31-2023 03-31-2023 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 05-09-2023 0 185 250700609 INFORMATION TABLE 2 fp0083167-1_13fhr-table.xml 3M CO COM 88579Y101 1250713 11899 SH SOLE 11899 0 0 ABBOTT LABS COM 002824100 302261 2985 SH SOLE 2985 0 0 ABBVIE INC COM 00287Y109 457688 2872 SH SOLE 2872 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 332397 1163 SH SOLE 1143 0 20 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1123469 10995 SH SOLE 10885 0 110 ALPHABET INC CAP STK CL C 02079K107 1029808 9902 SH SOLE 9802 0 100 ALPHABET INC CAP STK CL A 02079K305 1423487 13723 SH SOLE 13423 0 300 AMAZON COM INC COM 023135106 1814495 17567 SH SOLE 17167 0 400 AMERICAN EXPRESS CO COM 025816109 427221 2590 SH SOLE 2590 0 0 AMERICAN TOWER CORP NEW COM 03027X100 211083 1033 SH SOLE 1033 0 0 AMGEN INC COM 031162100 442644 1831 SH SOLE 1831 0 0 APOGEE ENTERPRISES INC COM 037598109 372685 8617 SH SOLE 8617 0 0 APPLE INC COM 037833100 23519355 142628 SH SOLE 142318 0 310 AT&T INC COM 00206R102 237295 12327 SH SOLE 12327 0 0 BANK AMERICA CORP COM 060505104 212384 7426 SH SOLE 7301 0 125 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3442786 11150 SH SOLE 11025 0 125 BLACKSTONE INC COM 09260D107 3037892 34584 SH SOLE 34584 0 0 BRIDGEWATER BANCSHARES INC COM ACCD INV 108621103 158264 14600 SH SOLE 14600 0 0 CATERPILLAR INC COM 149123101 775768 3390 SH SOLE 3390 0 0 CHEVRON CORP NEW COM 166764100 1374761 8426 SH SOLE 8426 0 0 CHIPOTLE MEXICAN GRILL INC COM 169656105 234036 137 SH SOLE 130 0 7 CINTAS CORP COM 172908105 277608 600 SH SOLE 600 0 0 CISCO SYS INC COM 17275R102 430223 8230 SH SOLE 8230 0 0 COCA COLA CO COM 191216100 607785 9798 SH SOLE 9798 0 0 COSTCO WHSL CORP NEW COM 22160K105 445196 896 SH SOLE 896 0 0 CUMMINS INC COM 231021106 220247 922 SH SOLE 922 0 0 CVS HEALTH CORP COM 126650100 492325 6625 SH SOLE 6625 0 0 DISNEY WALT CO COM 254687106 204065 2038 SH SOLE 2038 0 0 DONALDSON INC COM 257651109 222352 3403 SH SOLE 3403 0 0 ECOLAB INC COM 278865100 503377 3041 SH SOLE 3041 0 0 ENTERPRISE PRODS PARTNERS L COM 293792107 8704924 336097 SH SOLE 336097 0 0 EXXON MOBIL CORP COM 30231G102 734722 6700 SH SOLE 6700 0 0 FASTENAL CO COM 311900104 738978 13700 SH SOLE 13700 0 0 FORD MTR CO DEL COM 345370860 166557 13219 SH SOLE 13219 0 0 HILTON WORLDWIDE HLDGS INC COM 43300A203 272161 1932 SH SOLE 1932 0 0 HOME DEPOT INC COM 437076102 597328 2024 SH SOLE 2024 0 0 HONEYWELL INTL INC COM 438516106 510435 2671 SH SOLE 2671 0 0 INTEL CORP COM 458140100 264921 8109 SH SOLE 8009 0 100 INTERNATIONAL BUSINESS MACHS COM 459200101 434613 3315 SH SOLE 3315 0 0 ISHARES TR SELECT DIVID ETF 464287168 56481 482 SH SOLE 482 0 0 ISHARES TR TIPS BD ETF 464287176 807912 7328 SH SOLE 6728 0 600 ISHARES TR CORE S&P500 ETF 464287200 1478244 3596 SH SOLE 3543 0 53 ISHARES TR CORE US AGGBD ET 464287226 14538699 145912 SH SOLE 145338 0 574 ISHARES TR MSCI EMG MKT ETF 464287234 4696 119 SH SOLE 119 0 0 ISHARES TR IBOXX INV CP ETF 464287242 68616 626 SH SOLE 524 0 102 ISHARES TR S&P 500 GRWT ETF 464287309 84590 1324 SH SOLE 1324 0 0 ISHARES TR S&P 500 VAL ETF 464287408 154492 1018 SH SOLE 918 0 100 ISHARES TR 20 YR TR BD ETF 464287432 2271744 21357 SH SOLE 21107 0 250 ISHARES TR 7-10 YR TRSY BD 464287440 384288 3877 SH SOLE 3517 0 360 ISHARES TR 1 3 YR TREAS BD 464287457 1791653 21807 SH SOLE 21807 0 0 ISHARES TR MSCI EAFE ETF 464287465 178514 2496 SH SOLE 2496 0 0 ISHARES TR RUS MDCP VAL ETF 464287473 106 1 SH SOLE 1 0 0 ISHARES TR RUS MD CP GR ETF 464287481 137486 1510 SH SOLE 1510 0 0 ISHARES TR RUS MID CAP ETF 464287499 130261 1863 SH SOLE 1686 0 177 ISHARES TR CORE S&P MCP ETF 464287507 107068 428 SH SOLE 428 0 0 ISHARES TR RUS 1000 VAL ETF 464287598 9288 61 SH SOLE 61 0 0 ISHARES TR S&P MC 400GR ETF 464287606 32323 452 SH SOLE 452 0 0 ISHARES TR RUS 1000 GRW ETF 464287614 1055750 4321 SH SOLE 4296 0 25 ISHARES TR RUS 2000 VAL ETF 464287630 46313 338 SH SOLE 338 0 0 ISHARES TR RUS 2000 GRW ETF 464287648 4536 20 SH SOLE 20 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 2231427 12508 SH SOLE 12429 0 79 ISHARES TR CORE S&P US GWT 464287671 123745 1394 SH SOLE 1394 0 0 ISHARES TR RUSSELL 3000 ETF 464287689 49049 208 SH SOLE 208 0 0 ISHARES TR S&P MC 400VL ETF 464287705 77078 750 SH SOLE 750 0 0 ISHARES TR CORE S&P SCP ETF 464287804 1092420 11297 SH SOLE 11297 0 0 ISHARES TR SP SMCP600VL ETF 464287879 5615 60 SH SOLE 60 0 0 ISHARES TR S&P SML 600 GWT 464287887 23087 210 SH SOLE 210 0 0 ISHARES TR SHRT NAT MUN ETF 464288158 346491 3310 SH SOLE 3310 0 0 ISHARES TR EAFE SML CP ETF 464288273 2737 46 SH SOLE 46 0 0 ISHARES TR MRGSTR MD CP GRW 464288307 6907 120 SH SOLE 120 0 0 ISHARES TR NATIONAL MUN ETF 464288414 518122 4809 SH SOLE 4809 0 0 ISHARES TR INTL SEL DIV ETF 464288448 197194 7173 SH SOLE 7173 0 0 ISHARES TR MSCI KLD400 SOC 464288570 10685 137 SH SOLE 137 0 0 ISHARES TR 3 7 YR TREAS BD 464288661 43883 373 SH SOLE 373 0 0 ISHARES TR PFD AND INCM SEC 464288687 36484 1169 SH SOLE 1169 0 0 ISHARES TR U.S. MED DVC ETF 464288810 300992 5576 SH SOLE 5576 0 0 ISHARES TR EAFE VALUE ETF 464288877 84770 1747 SH SOLE 1747 0 0 ISHARES TR EAFE GRWTH ETF 464288885 82532 881 SH SOLE 881 0 0 ISHARES TR RUS TP200 VL ETF 464289420 234751 3606 SH SOLE 3606 0 0 ISHARES TR RUS TP200 GR ETF 464289438 364969 2627 SH SOLE 2627 0 0 ISHARES TR CORE MSCI EAFE 46432F842 278344 4164 SH SOLE 4164 0 0 JANUS HENDERSON GROUP PLC ORD SHS G4474Y214 371628 13950 SH SOLE 13950 0 0 JOHNSON & JOHNSON COM 478160104 1462033 9432 SH SOLE 9432 0 0 JPMORGAN CHASE & CO COM 46625H100 7134212 54748 SH SOLE 54658 0 90 LILLY ELI & CO COM 532457108 269585 785 SH SOLE 785 0 0 LINDE PLC SHS G54950103 234946 661 SH SOLE 661 0 0 LISTED FD TR TRUESHARES STRCT 53656F664 147813 4432 SH SOLE 4432 0 0 LISTED FD TR TRUESHS ESG ACTV 53656F813 80204 2313 SH SOLE 2313 0 0 LISTED FD TR TRUESHS TECH AI 53656F821 81446 2937 SH SOLE 2937 0 0 LOCKHEED MARTIN CORP COM 539830109 485021 1026 SH SOLE 1026 0 0 MARRIOTT INTL INC NEW CL A 571903202 442165 2663 SH SOLE 2663 0 0 MCDONALDS CORP COM 580135101 370204 1324 SH SOLE 1324 0 0 MEDTRONIC PLC SHS G5960L103 616743 7650 SH SOLE 7650 0 0 MERCK & CO INC COM 58933Y105 369067 3469 SH SOLE 3469 0 0 META PLATFORMS INC CL A 30303M102 352456 1663 SH SOLE 1618 0 45 MICROSOFT CORP COM 594918104 8506116 29504 SH SOLE 29349 0 155 NETFLIX INC COM 64110L106 208324 603 SH SOLE 603 0 0 NORTHERN TECHNOLOGIES INTL C COM 665809109 2259530 191000 SH SOLE 191000 0 0 NOVO-NORDISK A S ADR 670100205 270697 1701 SH SOLE 1650 0 51 NVIDIA CORPORATION COM 67066G104 653037 2351 SH SOLE 2276 0 75 OGE ENERGY CORP COM 670837103 215415 5720 SH SOLE 5720 0 0 ORACLE CORP COM 68389X105 367963 3960 SH SOLE 3960 0 0 PEPSICO INC COM 713448108 574063 3149 SH SOLE 3149 0 0 PFIZER INC COM 717081103 430032 10540 SH SOLE 10540 0 0 PHILIP MORRIS INTL INC COM 718172109 210352 2163 SH SOLE 2163 0 0 PROCTER AND GAMBLE CO COM 742718109 527403 3547 SH SOLE 3547 0 0 SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 5877899 122840 SH SOLE 122840 0 0 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 24655401 509725 SH SOLE 504708 0 5017 SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 16885612 259101 SH SOLE 257039 0 2062 SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 26918865 410474 SH SOLE 406511 0 3963 SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 336332 4957 SH SOLE 4957 0 0 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 4115003 98140 SH SOLE 96883 0 1257 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 5416530 220903 SH SOLE 220005 0 898 SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 98254 1343 SH SOLE 1343 0 0 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 21067122 605377 SH SOLE 602310 0 3067 SCHWAB STRATEGIC TR US AGGREGATE B 808524839 1783424 38018 SH SOLE 37289 0 729 SCHWAB STRATEGIC TR US REIT ETF 808524847 1608832 82504 SH SOLE 82137 0 367 SCHWAB STRATEGIC TR INT-TRM U.S TRES 808524854 9985 198 SH SOLE 198 0 0 SCHWAB STRATEGIC TR SHT TM US TRES 808524862 7127263 146080 SH SOLE 145056 0 1024 SCHWAB STRATEGIC TR US TIPS ETF 808524870 142495 2658 SH SOLE 2636 0 22 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 12299 95 SH SOLE 95 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 13821 185 SH SOLE 185 0 0 SELECT SECTOR SPDR TR ENERGY 81369Y506 23524 284 SH SOLE 134 0 150 SELECT SECTOR SPDR TR FINANCIAL 81369Y605 7395 230 SH SOLE 230 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 6981 69 SH SOLE 69 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 105556 699 SH SOLE 699 0 0 SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 232 4 SH SOLE 4 0 0 SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 918090 24561 SH SOLE 24156 0 405 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 143300 2117 SH SOLE 2117 0 0 SPDR INDEX SHS FDS MSCI ACWI CLMTE 78463X194 25511 903 SH SOLE 903 0 0 SPDR INDEX SHS FDS ASIA PACIF ETF 78463X301 22376 223 SH SOLE 223 0 0 SPDR INDEX SHS FDS S&P CHINA ETF 78463X400 12263 149 SH SOLE 149 0 0 SPDR INDEX SHS FDS PORTFOLIO EMG MK 78463X509 103414 3030 SH SOLE 2880 0 150 SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 32846 798 SH SOLE 798 0 0 SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889 1563023 48662 SH SOLE 47698 0 964 SPDR S&P 500 ETF TR TR UNIT 78462F103 1306773 3192 SH SOLE 3192 0 0 SPDR SER TR S&P 600 SMCP GRW 78464A201 112543 1526 SH SOLE 1526 0 0 SPDR SER TR NUVEEN BLOOMBERG 78464A284 15725 628 SH SOLE 628 0 0 SPDR SER TR S&P 600 SMCP VAL 78464A300 293141 3848 SH SOLE 3848 0 0 SPDR SER TR PRTFLO S&P500 GW 78464A409 411394 7431 SH SOLE 7419 0 12 SPDR SER TR PRTFLO S&P500 VL 78464A508 223349 5485 SH SOLE 5275 0 210 SPDR SER TR HLTH CARE SVCS 78464A573 5534 64 SH SOLE 64 0 0 SPDR SER TR PORTFOLIO LN TSR 78464A664 58672 1900 SH SOLE 1900 0 0 SPDR SER TR S&P DIVID ETF 78464A763 93030 752 SH SOLE 699 0 53 SPDR SER TR S&P 600 SML CAP 78464A813 549136 6535 SH SOLE 6535 0 0 SPDR SER TR S&P 400 MDCP GRW 78464A821 72478 1059 SH SOLE 1059 0 0 SPDR SER TR S&P 400 MDCP VAL 78464A839 35088 531 SH SOLE 531 0 0 SPDR SER TR PORTFOLIO S&P500 78464A854 42565 884 SH SOLE 884 0 0 SPDR SER TR S&P BIOTECH 78464A870 73009 958 SH SOLE 958 0 0 SPDR SER TR PORTFOLIO SH TSR 78468R101 2221 76 SH SOLE 76 0 0 SPDR SER TR BLOOMBERG SHT TE 78468R408 343637 13834 SH SOLE 13595 0 239 SPDR SER TR BLOOMBERG HIGH Y 78468R622 22741 245 SH SOLE 245 0 0 SPDR SER TR NUVEEN BLMBRG MU 78468R721 83761 1789 SH SOLE 1789 0 0 SPDR SER TR NUVEEN BLMBRG SH 78468R739 35663 750 SH SOLE 750 0 0 SPDR SER TR PRTFLO S&P500 HI 78468R788 81343 2141 SH SOLE 2141 0 0 STARBUCKS CORP COM 855244109 595327 5717 SH SOLE 5717 0 0 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 215527 2317 SH SOLE 2250 0 67 TESLA INC COM 88160R101 595618 2871 SH SOLE 2731 0 140 TJX COS INC NEW COM 872540109 212199 2708 SH SOLE 2708 0 0 UBER TECHNOLOGIES INC COM 90353T100 3620172 114201 SH SOLE 114201 0 0 UNION PAC CORP COM 907818108 260632 1295 SH SOLE 1295 0 0 UNITED PARCEL SERVICE INC CL B 911312106 200178 1032 SH SOLE 1032 0 0 UNITEDHEALTH GROUP INC COM 91324P102 722590 1529 SH SOLE 1514 0 15 US BANCORP DEL COM NEW 902973304 207000 5742 SH SOLE 5742 0 0 VANGUARD CHARLOTTE FDS TOTAL INT BD ETF 92203J407 482743 9868 SH SOLE 9829 0 39 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 154122 1856 SH SOLE 1806 0 50 VANGUARD INDEX FDS MID CAP ETF 922908629 38177 181 SH SOLE 181 0 0 VANGUARD INDEX FDS LARGE CAP ETF 922908637 195964 1049 SH SOLE 1049 0 0 VANGUARD INDEX FDS GROWTH ETF 922908736 449491 1802 SH SOLE 1802 0 0 VANGUARD INDEX FDS VALUE ETF 922908744 145982 1057 SH SOLE 1057 0 0 VANGUARD INDEX FDS SMALL CP ETF 922908751 137431 725 SH SOLE 725 0 0 VANGUARD INDEX FDS TOTAL STK MKT 922908769 5919 29 SH SOLE 29 0 0 VANGUARD MALVERN FDS STRM INFPROIDX 922020805 366588 7666 SH SOLE 7666 0 0 VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 404949 8965 SH SOLE 8965 0 0 VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 79336 752 SH SOLE 752 0 0 VANGUARD WHITEHALL FDS EM MK GOV BD ETF 921946885 1529399 24545 SH SOLE 24401 0 144 VANGUARD WORLD FDS CONSUM STP ETF 92204A207 18578 96 SH SOLE 96 0 0 VANGUARD WORLD FDS FINANCIALS ETF 92204A405 61533 790 SH SOLE 790 0 0 VANGUARD WORLD FDS INF TECH ETF 92204A702 164596 427 SH SOLE 427 0 0 VANGUARD WORLD FDS UTILITIES ETF 92204A876 34667 235 SH SOLE 235 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 308956 7944 SH SOLE 7744 0 200 VISA INC COM CL A 92826C839 1398528 6203 SH SOLE 6178 0 25 WALMART INC COM 931142103 363681 2466 SH SOLE 2466 0 0 WASTE MGMT INC DEL COM 94106L109 291331 1785 SH SOLE 1785 0 0 XCEL ENERGY INC COM 98389B100 440838 6537 SH SOLE 6537 0 0