# EDGAR Filing Document

**Accession Number:** 0001803415
**File Stem:** 0001398344-25-014247
**Filing Date:** 2025-7
**Character Count:** 20272
**Document Hash:** 36d9146c303cb70989fa7f3ca94dd10c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-014247.hdr.sgml**: 20250731

**ACCESSION NUMBER**: 0001398344-25-014247

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250731

**DATE AS OF CHANGE**: 20250731

**EFFECTIVENESS DATE**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BALLAST ADVISORS LLC
- **CENTRAL INDEX KEY:** 0001803415

**ORGANIZATION NAME:**
- **EIN:** 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:** 251171369

**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

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** BALLAST ADVISORS LLC<br>**Address:** 683 BIELENBERG DRIVE<br>SUITE 208<br>WOODBURY, MN 55125-1705

**Form 13F File Number:** 028-20071

**CRD Number (if applicable):** 000285991

**SEC File Number (if applicable):** 801-108984

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Richard Gerczak<br>**Title:** Managing Partner<br>**Phone:** 651-200-3110

**Signature, Place, and Date of Signing:**

/s/ Richard Gerczak  St. Paul, MN  07-31-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 168

**Form 13F Information Table Value Total:** $339364728

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 1055193 | 6931 | SH |  | SOLE |  | 5413 | 0 | 1518 |
| ABBOTT LABS | COM | 002824100 |  | 261411 | 1922 | SH |  | SOLE |  | 1871 | 0 | 51 |
| ABBVIE INC | COM | 00287Y109 |  | 450580 | 2427 | SH |  | SOLE |  | 2359 | 0 | 68 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1747311 | 5846 | SH |  | SOLE |  | 5394 | 0 | 452 |
| ADOBE INC | COM | 00724F101 |  | 824054 | 2130 | SH |  | SOLE |  | 1881 | 0 | 249 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 931652 | 5252 | SH |  | SOLE |  | 4855 | 0 | 397 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2660192 | 15095 | SH |  | SOLE |  | 12958 | 0 | 2137 |
| AMAZON COM INC | COM | 023135106 |  | 4672349 | 21297 | SH |  | SOLE |  | 19209 | 0 | 2088 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 640193 | 2007 | SH |  | SOLE |  | 1877 | 0 | 130 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 203338 | 920 | SH |  | SOLE |  | 920 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 382518 | 1370 | SH |  | SOLE |  | 1370 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 18923004 | 92231 | SH |  | SOLE |  | 84423 | 0 | 7808 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1279243 | 4148 | SH |  | SOLE |  | 3759 | 0 | 389 |
| BANK AMERICA CORP | COM | 060505104 |  | 259739 | 5489 | SH |  | SOLE |  | 5489 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 5565467 | 11457 | SH |  | SOLE |  | 10443 | 0 | 1014 |
| BLACKSTONE INC | COM | 09260D107 |  | 2855902 | 19093 | SH |  | SOLE |  | 18765 | 0 | 328 |
| BRIDGEWATER BANCSHARES INC | COM | 108621103 |  | 232286 | 14600 | SH |  | SOLE |  | 14600 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 566701 | 7149 | SH |  | SOLE |  | 6649 | 0 | 500 |
| CATERPILLAR INC | COM | 149123101 |  | 272135 | 701 | SH |  | SOLE |  | 701 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 691207 | 4827 | SH |  | SOLE |  | 4827 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 1502518 | 26759 | SH |  | SOLE |  | 24293 | 0 | 2466 |
| CINTAS CORP | COM | 172908105 |  | 514161 | 2307 | SH |  | SOLE |  | 2172 | 0 | 135 |
| CISCO SYS INC | COM | 17275R102 |  | 313875 | 4524 | SH |  | SOLE |  | 4444 | 0 | 80 |
| COCA COLA CO | COM | 191216100 |  | 1216019 | 17188 | SH |  | SOLE |  | 17188 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2323389 | 2347 | SH |  | SOLE |  | 2177 | 0 | 170 |
| CUMMINS INC | COM | 231021106 |  | 215823 | 659 | SH |  | SOLE |  | 659 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 278817 | 4042 | SH |  | SOLE |  | 4040 | 0 | 2 |
| DANAHER CORPORATION | COM | 235851102 |  | 977033 | 4946 | SH |  | SOLE |  | 4430 | 0 | 516 |
| DONALDSON INC | COM | 257651109 |  | 259092 | 3736 | SH |  | SOLE |  | 2924 | 0 | 812 |
| ECOLAB INC | COM | 278865100 |  | 1818451 | 6749 | SH |  | SOLE |  | 6749 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 352348 | 452 | SH |  | SOLE |  | 252 | 0 | 200 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 9639644 | 310856 | SH |  | SOLE |  | 283878 | 0 | 26978 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 692507 | 6424 | SH |  | SOLE |  | 5676 | 0 | 748 |
| FASTENAL CO | COM | 311900104 |  | 703752 | 16756 | SH |  | SOLE |  | 16756 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 567545 | 2205 | SH |  | SOLE |  | 1872 | 0 | 333 |
| GE VERNOVA INC | COM | 36828A101 |  | 214306 | 405 | SH |  | SOLE |  | 376 | 0 | 29 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 440526 | 1654 | SH |  | SOLE |  | 1441 | 0 | 213 |
| HOME DEPOT INC | COM | 437076102 |  | 805376 | 2197 | SH |  | SOLE |  | 2020 | 0 | 177 |
| HONEYWELL INTL INC | COM | 438516106 |  | 508377 | 2183 | SH |  | SOLE |  | 2183 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 1191745 | 4820 | SH |  | SOLE |  | 4281 | 0 | 539 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 584956 | 1984 | SH |  | SOLE |  | 1671 | 0 | 313 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 64014 | 482 | SH |  | SOLE |  | 482 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 36423 | 331 | SH |  | SOLE |  | 331 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1335723 | 2151 | SH |  | SOLE |  | 2101 | 0 | 50 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 19624611 | 197829 | SH |  | SOLE |  | 180643 | 0 | 17186 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 5741 | 119 | SH |  | SOLE |  | 119 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 40008 | 365 | SH |  | SOLE |  | 365 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 92264 | 838 | SH |  | SOLE |  | 838 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 67811 | 347 | SH |  | SOLE |  | 347 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 211712 | 2399 | SH |  | SOLE |  | 2089 | 0 | 310 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 136376 | 1424 | SH |  | SOLE |  | 1424 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 242661 | 2929 | SH |  | SOLE |  | 2881 | 0 | 48 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 47913 | 536 | SH |  | SOLE |  | 503 | 0 | 33 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 143118 | 1032 | SH |  | SOLE |  | 1032 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 172260 | 1873 | SH |  | SOLE |  | 1668 | 0 | 205 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 58299 | 940 | SH |  | SOLE |  | 940 | 0 | 0 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 13647 | 150 | SH |  | SOLE |  | 100 | 0 | 50 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1494946 | 3521 | SH |  | SOLE |  | 3506 | 0 | 15 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 53323 | 338 | SH |  | SOLE |  | 338 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1892263 | 8769 | SH |  | SOLE |  | 8758 | 0 | 11 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 209658 | 1394 | SH |  | SOLE |  | 1394 | 0 | 0 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 49616 | 141 | SH |  | SOLE |  | 83 | 0 | 58 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 174645 | 1598 | SH |  | SOLE |  | 1598 | 0 | 0 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 5969 | 60 | SH |  | SOLE |  | 60 | 0 | 0 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 347519 | 3268 | SH |  | SOLE |  | 3268 | 0 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 3056 | 33 | SH |  | SOLE |  | 33 | 0 | 0 |
| ISHARES TR | CALIF MUN BD ETF | 464288356 |  | 22853 | 410 | SH |  | SOLE |  | 275 | 0 | 135 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 539848 | 5167 | SH |  | SOLE |  | 5167 | 0 | 0 |
| ISHARES TR | INTL SEL DIV ETF | 464288448 |  | 196120 | 5683 | SH |  | SOLE |  | 5663 | 0 | 20 |
| ISHARES TR | ESG MSCI KLD 400 | 464288570 |  | 15914 | 137 | SH |  | SOLE |  | 137 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 2270 | 74 | SH |  | SOLE |  | 74 | 0 | 0 |
| ISHARES TR | U.S. MED DVC ETF | 464288810 |  | 39463 | 630 | SH |  | SOLE |  | 630 | 0 | 0 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 53196 | 838 | SH |  | SOLE |  | 838 | 0 | 0 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 76272 | 681 | SH |  | SOLE |  | 681 | 0 | 0 |
| ISHARES TR | RUS TP200 VL ETF | 464289420 |  | 303589 | 3606 | SH |  | SOLE |  | 3606 | 0 | 0 |
| ISHARES TR | RUS TP200 GR ETF | 464289438 |  | 731888 | 2969 | SH |  | SOLE |  | 2969 | 0 | 0 |
| ISHARES TR | CORE 80/20 AGGRE | 464289859 |  | 2732 | 33 | SH |  | SOLE |  | 33 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 376136 | 4506 | SH |  | SOLE |  | 4506 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 775527 | 5077 | SH |  | SOLE |  | 4741 | 0 | 336 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 13131763 | 45296 | SH |  | SOLE |  | 41638 | 0 | 3658 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 206458 | 2121 | SH |  | SOLE |  | 2121 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 243974 | 520 | SH |  | SOLE |  | 424 | 0 | 96 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 400153 | 864 | SH |  | SOLE |  | 864 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 594778 | 2177 | SH |  | SOLE |  | 2026 | 0 | 151 |
| MCDONALDS CORP | COM | 580135101 |  | 264998 | 907 | SH |  | SOLE |  | 882 | 0 | 25 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 779213 | 8939 | SH |  | SOLE |  | 5151 | 0 | 3788 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2959003 | 4009 | SH |  | SOLE |  | 3779 | 0 | 230 |
| MICROSOFT CORP | COM | 594918104 |  | 13456221 | 27053 | SH |  | SOLE |  | 23935 | 0 | 3118 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 865307 | 63069 | SH |  | SOLE |  | 0 | 0 | 63069 |
| MOODYS CORP | COM | 615369105 |  | 1491227 | 2973 | SH |  | SOLE |  | 2712 | 0 | 261 |
| NETFLIX INC | COM | 64110L106 |  | 828921 | 619 | SH |  | SOLE |  | 614 | 0 | 5 |
| NORTHERN TECHNOLOGIES INTL C | COM | 665809109 |  | 1267458 | 171047 | SH |  | SOLE |  | 171047 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 1511055 | 21893 | SH |  | SOLE |  | 20076 | 0 | 1817 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 5464874 | 34590 | SH |  | SOLE |  | 32772 | 0 | 1818 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 1931233 | 8839 | SH |  | SOLE |  | 8095 | 0 | 744 |
| OGE ENERGY CORP | COM | 670837103 |  | 350114 | 7889 | SH |  | SOLE |  | 7889 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1121572 | 5130 | SH |  | SOLE |  | 5130 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 1104251 | 8363 | SH |  | SOLE |  | 7752 | 0 | 611 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 228937 | 1257 | SH |  | SOLE |  | 1257 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 560647 | 3519 | SH |  | SOLE |  | 2304 | 0 | 1215 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 1128012 | 1990 | SH |  | SOLE |  | 1764 | 0 | 226 |
| RTX CORPORATION | COM | 75513E101 |  | 206180 | 1412 | SH |  | SOLE |  | 1412 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 2606352 | 77111 | SH |  | SOLE |  | 67088 | 0 | 10023 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 6130875 | 257275 | SH |  | SOLE |  | 225140 | 0 | 32135 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 32179985 | 1316693 | SH |  | SOLE |  | 1177078 | 0 | 139615 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 26735474 | 915285 | SH |  | SOLE |  | 843749 | 0 | 71536 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 31441003 | 1136285 | SH |  | SOLE |  | 1031480 | 0 | 104805 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 188187 | 6709 | SH |  | SOLE |  | 6706 | 0 | 3 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 4715583 | 186387 | SH |  | SOLE |  | 167951 | 0 | 18436 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 8206513 | 272280 | SH |  | SOLE |  | 248411 | 0 | 23869 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 96870 | 3655 | SH |  | SOLE |  | 3655 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 27097338 | 1226124 | SH |  | SOLE |  | 1120187 | 0 | 105937 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 2133664 | 91810 | SH |  | SOLE |  | 81307 | 0 | 10503 |
| SCHWAB STRATEGIC TR | US REIT ETF | 808524847 |  | 2185221 | 103271 | SH |  | SOLE |  | 95253 | 0 | 8018 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | 808524854 |  | 1151 | 46 | SH |  | SOLE |  | 46 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 13900819 | 570173 | SH |  | SOLE |  | 511974 | 0 | 58199 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 164215 | 6155 | SH |  | SOLE |  | 5494 | 0 | 661 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 12805 | 95 | SH |  | SOLE |  | 95 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 12722 | 150 | SH |  | SOLE |  | 0 | 0 | 150 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 12778 | 244 | SH |  | SOLE |  | 244 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 218537 | 863 | SH |  | SOLE |  | 863 | 0 | 0 |
| SELECT SECTOR SPDR TR | RL EST SEL SEC | 81369Y860 |  | 1605398 | 38759 | SH |  | SOLE |  | 33485 | 0 | 5274 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 48179 | 590 | SH |  | SOLE |  | 175 | 0 | 415 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 269227 | 2334 | SH |  | SOLE |  | 1892 | 0 | 442 |
| SPDR INDEX SHS FDS | MSCI ACWI CLMTE | 78463X194 |  | 37446 | 948 | SH |  | SOLE |  | 948 | 0 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 45817 | 1072 | SH |  | SOLE |  | 1072 | 0 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 1393220 | 34409 | SH |  | SOLE |  | 30936 | 0 | 3473 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1131901 | 1832 | SH |  | SOLE |  | 1672 | 0 | 160 |
| SPDR SERIES TRUST | S 600 SMCP GRW | 78464A201 |  | 105072 | 1184 | SH |  | SOLE |  | 1184 | 0 | 0 |
| SPDR SERIES TRUST | S 600 SMCP VAL | 78464A300 |  | 213493 | 2677 | SH |  | SOLE |  | 2677 | 0 | 0 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 |  | 285126 | 2991 | SH |  | SOLE |  | 102 | 0 | 2889 |
| SPDR SERIES TRUST | PORTFOLIO SHORT | 78464A474 |  | 2109 | 70 | SH |  | SOLE |  | 70 | 0 | 0 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 |  | 55585 | 1062 | SH |  | SOLE |  | 1062 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO LN TSR | 78464A664 |  | 44973 | 1692 | SH |  | SOLE |  | 1692 | 0 | 0 |
| SPDR SERIES TRUST | PORTFLI INTRMDIT | 78464A672 |  | 48736 | 1694 | SH |  | SOLE |  | 1694 | 0 | 0 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 |  | 172513 | 1271 | SH |  | SOLE |  | 1211 | 0 | 60 |
| SPDR SERIES TRUST | S 400 MDCP GRW | 78464A821 |  | 91995 | 1059 | SH |  | SOLE |  | 1059 | 0 | 0 |
| SPDR SERIES TRUST | S 400 MDCP VAL | 78464A839 |  | 42177 | 531 | SH |  | SOLE |  | 531 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 100603 | 1384 | SH |  | SOLE |  | 1384 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG SHT TE | 78468R408 |  | 463685 | 18198 | SH |  | SOLE |  | 17359 | 0 | 839 |
| SPDR SERIES TRUST | BLOOMBERG HIGH Y | 78468R622 |  | 28208 | 290 | SH |  | SOLE |  | 290 | 0 | 0 |
| SPDR SERIES TRUST | NUVEEN ICE MUNIC | 78468R721 |  | 33279 | 745 | SH |  | SOLE |  | 745 | 0 | 0 |
| SPDR SERIES TRUST | PRTFLO S HI | 78468R788 |  | 1573 | 37 | SH |  | SOLE |  | 37 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 119450 | 2804 | SH |  | SOLE |  | 2804 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 351969 | 3841 | SH |  | SOLE |  | 3322 | 0 | 519 |
| STRYKER CORPORATION | COM | 863667101 |  | 1520406 | 3843 | SH |  | SOLE |  | 3505 | 0 | 338 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 4942012 | 21820 | SH |  | SOLE |  | 19766 | 0 | 2054 |
| TESLA INC | COM | 88160R101 |  | 1614030 | 5081 | SH |  | SOLE |  | 4808 | 0 | 273 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 907014 | 2237 | SH |  | SOLE |  | 1993 | 0 | 244 |
| TJX COS INC NEW | COM | 872540109 |  | 305267 | 2472 | SH |  | SOLE |  | 2472 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 6896736 | 73920 | SH |  | SOLE |  | 67172 | 0 | 6748 |
| UNION PAC CORP | COM | 907818108 |  | 205461 | 893 | SH |  | SOLE |  | 893 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 317897 | 1019 | SH |  | SOLE |  | 1019 | 0 | 0 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 792556 | 16008 | SH |  | SOLE |  | 15164 | 0 | 844 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 27501 | 48 | SH |  | SOLE |  | 8 | 0 | 40 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 185334 | 2081 | SH |  | SOLE |  | 1835 | 0 | 246 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 34139 | 122 | SH |  | SOLE |  | 122 | 0 | 0 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 173462 | 608 | SH |  | SOLE |  | 608 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 604992 | 1380 | SH |  | SOLE |  | 978 | 0 | 402 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 175149 | 991 | SH |  | SOLE |  | 571 | 0 | 420 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 19669 | 83 | SH |  | SOLE |  | 83 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 94218 | 310 | SH |  | SOLE |  | 0 | 0 | 310 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 90251 | 677 | SH |  | SOLE |  | 677 | 0 | 0 |
| VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 921946885 |  | 2073686 | 31732 | SH |  | SOLE |  | 28993 | 0 | 2739 |
| VISA INC | COM CL A | 92826C839 |  | 3033547 | 8544 | SH |  | SOLE |  | 8103 | 0 | 441 |
| WALMART INC | COM | 931142103 |  | 649077 | 6638 | SH |  | SOLE |  | 6388 | 0 | 250 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 344091 | 1504 | SH |  | SOLE |  | 1504 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 275939 | 4052 | SH |  | SOLE |  | 4052 | 0 | 0 |

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