Managing Partner

0001398344-23-019416.txt : 20231019 0001398344-23-019416.hdr.sgml : 20231019 20231019083718 ACCESSION NUMBER: 0001398344-23-019416 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20231019 DATE AS OF CHANGE: 20231019 EFFECTIVENESS DATE: 20231019 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: 231333402 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 09-30-2023 09-30-2023 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 St. Paul MN 10-19-2023 0 178 250734296 INFORMATION TABLE 2 fp0085494-1_13fhr-table.xml 3M CO COM 88579Y101 974066 10404 SH SOLE 10404 0 0 ABBOTT LABS COM 002824100 272439 2813 SH SOLE 2813 0 0 ABBVIE INC COM 00287Y109 405057 2717 SH SOLE 2717 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 1102832 3591 SH SOLE 3541 0 50 ADOBE INC COM 00724F101 609331 1195 SH SOLE 1160 0 35 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 776930 8957 SH SOLE 8957 0 0 ALPHABET INC CAP STK CL C 02079K107 1195484 9067 SH SOLE 8967 0 100 ALPHABET INC CAP STK CL A 02079K305 2060652 15747 SH SOLE 15447 0 300 AMAZON COM INC COM 023135106 2448585 19262 SH SOLE 18862 0 400 AMERICAN EXPRESS CO COM 025816109 381180 2555 SH SOLE 2555 0 0 AMGEN INC COM 031162100 472211 1757 SH SOLE 1757 0 0 APOGEE ENTERPRISES INC COM 037598109 309127 6566 SH SOLE 6566 0 0 APPLE INC COM 037833100 21959791 128262 SH SOLE 127952 0 310 AUTOMATIC DATA PROCESSING IN COM 053015103 505459 2101 SH SOLE 2061 0 40 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3902692 11141 SH SOLE 11016 0 125 BLACKSTONE INC COM 09260D107 2914560 27203 SH SOLE 27203 0 0 BRIDGEWATER BANCSHARES INC COM 108621103 138408 14600 SH SOLE 14600 0 0 CANADIAN PACIFIC KANSAS CITY COM 13646K108 695064 9341 SH SOLE 9109 0 232 CATERPILLAR INC COM 149123101 862134 3158 SH SOLE 3158 0 0 CHEVRON CORP NEW COM 166764100 1182466 7013 SH SOLE 7013 0 0 CHIPOTLE MEXICAN GRILL INC COM 169656105 608168 332 SH SOLE 320 0 12 CINTAS CORP COM 172908105 335745 698 SH SOLE 698 0 0 CISCO SYS INC COM 17275R102 397770 7399 SH SOLE 7399 0 0 COCA COLA CO COM 191216100 973285 17386 SH SOLE 17386 0 0 COSTCO WHSL CORP NEW COM 22160K105 959867 1699 SH SOLE 1669 0 30 CUMMINS INC COM 231021106 607475 2659 SH SOLE 2659 0 0 CVS HEALTH CORP COM 126650100 368021 5271 SH SOLE 5271 0 0 DANAHER CORPORATION COM 235851102 484787 1954 SH SOLE 1879 0 75 DONALDSON INC COM 257651109 202955 3403 SH SOLE 3403 0 0 ECOLAB INC COM 278865100 762808 4503 SH SOLE 4503 0 0 ELI LILLY & CO COM 532457108 314221 585 SH SOLE 585 0 0 ENTERPRISE PRODS PARTNERS L COM 293792107 8320644 304006 SH SOLE 304006 0 0 EXXON MOBIL CORP COM 30231G102 736286 6262 SH SOLE 6262 0 0 FASTENAL CO COM 311900104 647429 11849 SH SOLE 11849 0 0 FORD MTR CO DEL COM 345370860 151264 12179 SH SOLE 12179 0 0 GENERAL ELECTRIC CO COM NEW 369604301 210377 1903 SH SOLE 1803 0 100 HILTON WORLDWIDE HLDGS INC COM 43300A203 275130 1832 SH SOLE 1832 0 0 HOME DEPOT INC COM 437076102 589423 1951 SH SOLE 1951 0 0 HONEYWELL INTL INC COM 438516106 478825 2592 SH SOLE 2592 0 0 ILLINOIS TOOL WKS INC COM 452308109 441274 1916 SH SOLE 1851 0 65 INTERNATIONAL BUSINESS MACHS COM 459200101 426285 3038 SH SOLE 3038 0 0 ISHARES TR SELECT DIVID ETF 464287168 51882 482 SH SOLE 482 0 0 ISHARES TR TIPS BD ETF 464287176 280666 2706 SH SOLE 2706 0 0 ISHARES TR CORE S&P500 ETF 464287200 1236591 2880 SH SOLE 2828 0 52 ISHARES TR CORE US AGGBD ET 464287226 14526163 154468 SH SOLE 153875 0 593 ISHARES TR MSCI EMG MKT ETF 464287234 4516 119 SH SOLE 119 0 0 ISHARES TR IBOXX INV CP ETF 464287242 17751 174 SH SOLE 104 0 70 ISHARES TR S&P 500 GRWT ETF 464287309 77246 1129 SH SOLE 1129 0 0 ISHARES TR S&P 500 VAL ETF 464287408 191685 1246 SH SOLE 1246 0 0 ISHARES TR 20 YR TR BD ETF 464287432 1072173 12089 SH SOLE 12089 0 0 ISHARES TR 7-10 YR TRSY BD 464287440 206352 2253 SH SOLE 2173 0 80 ISHARES TR 1 3 YR TREAS BD 464287457 1037965 12819 SH SOLE 12819 0 0 ISHARES TR MSCI EAFE ETF 464287465 140321 2036 SH SOLE 2036 0 0 ISHARES TR RUS MD CP GR ETF 464287481 111173 1217 SH SOLE 1217 0 0 ISHARES TR RUS MID CAP ETF 464287499 133237 1924 SH SOLE 1747 0 177 ISHARES TR CORE S&P MCP ETF 464287507 106722 428 SH SOLE 428 0 0 ISHARES TR RUS 1000 VAL ETF 464287598 9261 61 SH SOLE 61 0 0 ISHARES TR S&P MC 400GR ETF 464287606 7224 100 SH SOLE 100 0 0 ISHARES TR RUS 1000 GRW ETF 464287614 1083643 4074 SH SOLE 4064 0 10 ISHARES TR RUS 2000 VAL ETF 464287630 45816 338 SH SOLE 338 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 2038342 11533 SH SOLE 11473 0 60 ISHARES TR CORE S&P US GWT 464287671 132193 1394 SH SOLE 1394 0 0 ISHARES TR RUSSELL 3000 ETF 464287689 51059 208 SH SOLE 208 0 0 ISHARES TR S&P MC 400VL ETF 464287705 15140 150 SH SOLE 150 0 0 ISHARES TR CORE S&P SCP ETF 464287804 683987 7251 SH SOLE 7251 0 0 ISHARES TR SP SMCP600VL ETF 464287879 5353 60 SH SOLE 60 0 0 ISHARES TR S&P SML 600 GWT 464287887 11187 102 SH SOLE 102 0 0 ISHARES TR SHRT NAT MUN ETF 464288158 412469 4010 SH SOLE 4010 0 0 ISHARES TR EAFE SML CP ETF 464288273 2598 46 SH SOLE 46 0 0 ISHARES TR MRGSTR MD CP GRW 464288307 6856 120 SH SOLE 120 0 0 ISHARES TR NATIONAL MUN ETF 464288414 659435 6431 SH SOLE 6431 0 0 ISHARES TR INTL SEL DIV ETF 464288448 144856 5703 SH SOLE 5703 0 0 ISHARES TR MSCI KLD400 SOC 464288570 11153 137 SH SOLE 137 0 0 ISHARES TR ISHS 5-10YR INVT 464288638 78959 1623 SH SOLE 1623 0 0 ISHARES TR ISHS 1-5YR INVS 464288646 45246 908 SH SOLE 908 0 0 ISHARES TR 10-20 YR TRS ETF 464288653 16248 165 SH SOLE 165 0 0 ISHARES TR PFD AND INCM SEC 464288687 6030 200 SH SOLE 200 0 0 ISHARES TR US BR DEL SE ETF 464288794 21938 241 SH SOLE 241 0 0 ISHARES TR U.S. MED DVC ETF 464288810 32786 676 SH SOLE 676 0 0 ISHARES TR EAFE VALUE ETF 464288877 41003 838 SH SOLE 838 0 0 ISHARES TR EAFE GRWTH ETF 464288885 67400 781 SH SOLE 781 0 0 ISHARES TR RUS TP200 VL ETF 464289420 235724 3606 SH SOLE 3606 0 0 ISHARES TR RUS TP200 GR ETF 464289438 416879 2710 SH SOLE 2710 0 0 ISHARES TR AGGRES ALLOC ETF 464289859 2032 32 SH SOLE 32 0 0 ISHARES TR MSCI USA QLT FCT 46432F339 43359 329 SH SOLE 329 0 0 ISHARES TR CORE MSCI EAFE 46432F842 285245 4433 SH SOLE 4433 0 0 JOHNSON & JOHNSON COM 478160104 1393077 8944 SH SOLE 8944 0 0 JPMORGAN CHASE & CO COM 46625H100 7470415 51513 SH SOLE 51124 0 389 LINDE PLC SHS G54950103 223410 600 SH SOLE 600 0 0 LOCKHEED MARTIN CORP COM 539830109 414685 1014 SH SOLE 1014 0 0 MARRIOTT INTL INC NEW CL A 571903202 527370 2683 SH SOLE 2683 0 0 MCDONALDS CORP COM 580135101 322977 1226 SH SOLE 1226 0 0 MEDTRONIC PLC SHS G5960L103 479328 6117 SH SOLE 6117 0 0 MERCK & CO INC COM 58933Y105 320072 3109 SH SOLE 3109 0 0 META PLATFORMS INC CL A 30303M102 871810 2904 SH SOLE 2859 0 45 MICROSOFT CORP COM 594918104 8744284 27694 SH SOLE 27539 0 155 MOODYS CORP COM 615369105 423668 1340 SH SOLE 1290 0 50 NETFLIX INC COM 64110L106 232979 617 SH SOLE 617 0 0 NORTHERN TECHNOLOGIES INTL C COM 665809109 2553670 191000 SH SOLE 191000 0 0 NOVO-NORDISK A S ADR 670100205 1128747 12412 SH SOLE 12168 0 244 NVIDIA CORPORATION COM 67066G104 1404148 3228 SH SOLE 3153 0 75 NXP SEMICONDUCTORS N V COM N6596X109 847261 4238 SH SOLE 4187 0 51 OGE ENERGY CORP COM 670837103 262940 7889 SH SOLE 7889 0 0 ORACLE CORP COM 68389X105 624398 5895 SH SOLE 5895 0 0 PEPSICO INC COM 713448108 982413 5798 SH SOLE 5743 0 55 PFIZER INC COM 717081103 276638 8340 SH SOLE 8340 0 0 PHILIP MORRIS INTL INC COM 718172109 213304 2304 SH SOLE 2304 0 0 PROCTER AND GAMBLE CO COM 742718109 673727 4619 SH SOLE 4619 0 0 ROPER TECHNOLOGIES INC COM 776696106 463456 957 SH SOLE 937 0 20 SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 5127044 102849 SH SOLE 102849 0 0 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 24081165 475912 SH SOLE 470619 0 5293 SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 18502871 254440 SH SOLE 252056 0 2384 SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 23550378 365349 SH SOLE 362722 0 2627 SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 259756 3838 SH SOLE 3838 0 0 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 3691063 89113 SH SOLE 88005 0 1108 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 5580242 233093 SH SOLE 232100 0 993 SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 83992 1187 SH SOLE 1187 0 0 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 21056286 620032 SH SOLE 617417 0 2615 SCHWAB STRATEGIC TR US AGGREGATE B 808524839 1885260 42624 SH SOLE 41559 0 1065 SCHWAB STRATEGIC TR US REIT ETF 808524847 1507276 84917 SH SOLE 84650 0 267 SCHWAB STRATEGIC TR SHT TM US TRES 808524862 5978098 124830 SH SOLE 123753 0 1077 SCHWAB STRATEGIC TR US TIPS ETF 808524870 148693 2945 SH SOLE 2923 0 22 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 12230 95 SH SOLE 95 0 0 SELECT SECTOR SPDR TR ENERGY 81369Y506 16632 184 SH SOLE 34 0 150 SELECT SECTOR SPDR TR FINANCIAL 81369Y605 3483 105 SH SOLE 105 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 141472 863 SH SOLE 863 0 0 SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 915597 26874 SH SOLE 26469 0 405 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 119805 2033 SH SOLE 2033 0 0 SPDR INDEX SHS FDS MSCI ACWI CLMTE 78463X194 25636 903 SH SOLE 903 0 0 SPDR INDEX SHS FDS ASIA PACIF ETF 78463X301 21685 223 SH SOLE 223 0 0 SPDR INDEX SHS FDS S&P CHINA ETF 78463X400 10661 149 SH SOLE 149 0 0 SPDR INDEX SHS FDS PORTFOLIO EMG MK 78463X509 98595 2937 SH SOLE 2937 0 0 SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 420 11 SH SOLE 11 0 0 SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889 1472944 47499 SH SOLE 46540 0 959 SPDR S&P 500 ETF TR TR UNIT 78462F103 1104608 2584 SH SOLE 2584 0 0 SPDR SER TR S&P 600 SMCP GRW 78464A201 85008 1160 SH SOLE 1160 0 0 SPDR SER TR NUVEEN BLOOMBERG 78464A284 14959 628 SH SOLE 628 0 0 SPDR SER TR S&P 600 SMCP VAL 78464A300 223166 3084 SH SOLE 3084 0 0 SPDR SER TR PRTFLO S&P500 GW 78464A409 387706 6540 SH SOLE 6540 0 0 SPDR SER TR PRTFLO S&P500 VL 78464A508 168052 4073 SH SOLE 4073 0 0 SPDR SER TR PORTFOLIO LN TSR 78464A664 76201 2914 SH SOLE 2914 0 0 SPDR SER TR S&P DIVID ETF 78464A763 136287 1185 SH SOLE 1185 0 0 SPDR SER TR S&P 400 MDCP GRW 78464A821 73219 1059 SH SOLE 1059 0 0 SPDR SER TR S&P 400 MDCP VAL 78464A839 34441 531 SH SOLE 531 0 0 SPDR SER TR PORTFOLIO S&P500 78464A854 137411 2734 SH SOLE 2734 0 0 SPDR SER TR S&P BIOTECH 78464A870 9128 125 SH SOLE 125 0 0 SPDR SER TR PORTFOLIO SH TSR 78468R101 2183 76 SH SOLE 76 0 0 SPDR SER TR BLOOMBERG SHT TE 78468R408 370153 15133 SH SOLE 14894 0 239 SPDR SER TR BLOOMBERG HIGH Y 78468R622 22148 245 SH SOLE 245 0 0 SPDR SER TR NUVEEN BLMBRG MU 78468R721 43219 989 SH SOLE 989 0 0 SPDR SER TR NUVEEN BLMBRG SH 78468R739 34673 750 SH SOLE 750 0 0 SPDR SER TR PRTFLO S&P500 HI 78468R788 83181 2372 SH SOLE 2372 0 0 SPDR SER TR PORTFOLIO S&P600 78468R853 286565 7766 SH SOLE 7766 0 0 STARBUCKS CORP COM 855244109 499361 5471 SH SOLE 5471 0 0 STRYKER CORPORATION COM 863667101 505823 1851 SH SOLE 1796 0 55 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 872997 10046 SH SOLE 9847 0 199 TESLA INC COM 88160R101 868263 3470 SH SOLE 3330 0 140 THERMO FISHER SCIENTIFIC INC COM 883556102 492503 973 SH SOLE 955 0 18 TJX COS INC NEW COM 872540109 214645 2415 SH SOLE 2415 0 0 UBER TECHNOLOGIES INC COM 90353T100 4448521 96728 SH SOLE 96728 0 0 UNION PAC CORP COM 907818108 270013 1326 SH SOLE 1326 0 0 UNITEDHEALTH GROUP INC COM 91324P102 773932 1535 SH SOLE 1500 0 35 VANGUARD CHARLOTTE FDS TOTAL INT BD ETF 92203J407 612941 12815 SH SOLE 12776 0 39 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 156087 2063 SH SOLE 2013 0 50 VANGUARD INDEX FDS MID CAP ETF 922908629 30611 147 SH SOLE 147 0 0 VANGUARD INDEX FDS LARGE CAP ETF 922908637 190211 972 SH SOLE 972 0 0 VANGUARD INDEX FDS GROWTH ETF 922908736 415817 1527 SH SOLE 1527 0 0 VANGUARD INDEX FDS VALUE ETF 922908744 135171 980 SH SOLE 980 0 0 VANGUARD INDEX FDS SMALL CP ETF 922908751 38948 206 SH SOLE 206 0 0 VANGUARD INDEX FDS TOTAL STK MKT 922908769 6160 29 SH SOLE 29 0 0 VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 105962 1410 SH SOLE 1410 0 0 VANGUARD SCOTTSDALE FDS VNG RUS1000GRW 92206C680 99512 1454 SH SOLE 1454 0 0 VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 77697 752 SH SOLE 752 0 0 VANGUARD WHITEHALL FDS EM MK GOV BD ETF 921946885 1474149 24918 SH SOLE 24774 0 144 VISA INC COM CL A 92826C839 1767627 7685 SH SOLE 7635 0 50 WALMART INC COM 931142103 359520 2248 SH SOLE 2248 0 0 WASTE MGMT INC DEL COM 94106L109 275833 1809 SH SOLE 1809 0 0 XCEL ENERGY INC COM 98389B100 335252 5859 SH SOLE 5859 0 0