Latest Ballast, Inc. Stock Portfolio
Ballast, Inc. Performance:
2024 Q3: 3.07%YTD: 6.42%2023: 7.06%
Performance for 2024 Q3 is 3.07%, and YTD is 6.42%, and 2023 is 7.06%.
About Ballast, Inc. and 13F Hedge Fund Stock Holdings
Ballast, Inc. is a hedge fund based in LEXINGTON, KY. On 15-Aug-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $423.4 Millions. In it's latest 13F Holdings report, Ballast, Inc. reported an equity portfolio of $352.5 Millions as of 30 Sep, 2024.
The top stock holdings of Ballast, Inc. are VB, VB, CSD. The fund has invested 9.8% of it's portfolio in VANGUARD INDEX FDS and 9.4% of portfolio in VANGUARD INDEX FDS.
They significantly reduced their stock positions in ABBOTT LABS (ABT), SHERWIN WILLIAMS CO (SHW) and ALPHABET INC (GOOG). Ballast, Inc. opened new stock positions in INVESCO QQQ TR (QQQ), DOMINION ENERGY INC (D) and LOCKHEED MARTIN CORP (LMT). The fund showed a lot of confidence in some stocks as they added substantially to HALLIBURTON CO (HAL), INTEL CORP (INTC) and ISHARES TR (IJR).
The top stock holdings of Ballast, Inc. are VB, VB, CSD. The fund has invested 9.8% of it's portfolio in VANGUARD INDEX FDS and 9.4% of portfolio in VANGUARD INDEX FDS.
They significantly reduced their stock positions in ABBOTT LABS (ABT), SHERWIN WILLIAMS CO (SHW) and ALPHABET INC (GOOG). Ballast, Inc. opened new stock positions in INVESCO QQQ TR (QQQ), DOMINION ENERGY INC (D) and LOCKHEED MARTIN CORP (LMT). The fund showed a lot of confidence in some stocks as they added substantially to HALLIBURTON CO (HAL), INTEL CORP (INTC) and ISHARES TR (IJR).
Ballast, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Ballast, Inc. made a return of 3.07% in the last quarter. In trailing 12 months, it's portfolio return was 11.2%.
New Buys
| Ticker | $ Bought |
|---|---|
| invesco qqq tr | 330,423 |
| dominion energy inc | 231,333 |
| lockheed martin corp | 222,133 |
| cintas corp | 205,880 |
| verizon communications inc | 200,927 |
New stocks bought by Ballast, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| halliburton co | 13.17 |
| intel corp | 10.54 |
| ishares tr | 5.89 |
| spdr index shs fds | 5.82 |
| visa inc | 5.8 |
| spdr ser tr | 4.31 |
| mondelez intl inc | 4.2 |
| t-mobile us inc | 3.8 |
Additions to existing portfolio by Ballast, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| abbott labs | -20.55 |
| sherwin williams co | -9.27 |
| alphabet inc | -7.69 |
| ishares tr | -5.13 |
| aflac inc | -4.75 |
| at&t inc | -4.6 |
| nvidia corporation | -4.4 |
| apple inc | -3.78 |
Ballast, Inc. reduced stake in above stock
Sold off
Sector Distribution
Ballast, Inc. has about 64.4% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 64.4 |
| Technology | 9 |
| Healthcare | 6.4 |
| Financial Services | 4.3 |
| Consumer Defensive | 4.3 |
| Consumer Cyclical | 3.9 |
| Industrials | 3.3 |
| Communication Services | 1.5 |
| Utilities | 1.2 |
Market Cap. Distribution
Ballast, Inc. has about 33.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 64.4 |
| MEGA-CAP | 20 |
| LARGE-CAP | 13.7 |
| MID-CAP | 1.9 |
Stocks belong to which Index?
About 35.3% of the stocks held by Ballast, Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 64.7 |
| S&P 500 | 33.5 |
| RUSSELL 2000 | 1.8 |
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 124 stocks in it's portfolio. About 52.9% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. GRBK was the most profitable stock for Ballast, Inc. last quarter.
Last Reported on: 16 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 3.76 | 56,860 | 13,248,400 | reduced | -3.78 | ||
| AAXJ | ishares tr | 3.40 | 360,643 | 11,984,200 | added | 0.66 | ||
| ABBV | abbvie inc | 0.17 | 3,112 | 614,558 | reduced | -1.46 | ||
| ABT | abbott labs | 0.08 | 2,606 | 297,110 | reduced | -20.55 | ||
| ACN | accenture plc ireland | 0.09 | 930 | 328,736 | reduced | -1.48 | ||
| AFL | aflac inc | 0.14 | 4,275 | 477,945 | reduced | -4.75 | ||
| AFTY | pacer fds tr | 3.93 | 239,684 | 13,860,900 | added | 2.9 | ||
| AMD | advanced micro devices inc | 0.39 | 8,379 | 1,374,830 | reduced | -0.6 | ||
| AMZN | amazon com inc | 0.82 | 15,564 | 2,900,040 | reduced | -2.3 | ||
| BA | boeing co | 0.30 | 6,910 | 1,050,600 | added | 2.23 | ||
| BAC | bank america corp | 0.50 | 44,069 | 1,748,660 | reduced | -0.14 | ||
| BIL | spdr ser tr | 0.12 | 8,081 | 427,162 | added | 4.31 | ||
| BIL | spdr ser tr | 0.12 | 5,015 | 415,944 | added | 1.68 | ||
| CAT | caterpillar inc | 0.31 | 2,828 | 1,106,090 | reduced | -0.04 | ||
| CB | chubb limited | 0.39 | 4,756 | 1,371,580 | reduced | -0.56 | ||
| CGW | invesco exch traded fd tr ii | 3.90 | 191,645 | 13,746,700 | added | 1.85 | ||
| CHD | church & dwight co inc | 0.08 | 2,587 | 270,911 | unchanged | 0.00 | ||
| CINF | cincinnati finl corp | 0.11 | 2,805 | 381,817 | unchanged | 0.00 | ||
| COP | conocophillips | 0.10 | 3,412 | 359,215 | added | 0.5 | ||
| COST | costco whsl corp new | 0.76 | 3,027 | 2,683,500 | reduced | -0.88 | ||