Comparison of Ballast, Inc.'s 13F Holdings Q4 2022 vs. Q1 2023: Winners and Losers

Ballast, Inc. is a significant institutional investor that manages over 1.2 billion dollars in assets. As with all institutional investors managing over 100 million dollars, Ballast, Inc. is required to disclose its equity holdings quarterly. The Securities and Exchange Commission (SEC) Form 13F filing provides transparency into the institutional investors' stock positions, allowing public access to this information. In this article, we'll explore Ballast, Inc.'s Q4 2022 and Q1 2023 13F holdings comparison, highlighting the winners and losers of this quarter.

First, let's start with the winners:

Apple Inc (AAPL):

Apple Inc is the biggest winner for Ballast, Inc. in Q1 2023. The company increased its holdings by 0.6% and valued its position at $8.68 million. Apple's shares have been performing well in the stock market lately, thanks to impressive earnings results from Q4 2022, which beat Wall Street's estimates.

Salesforce.com, Inc. (CRM):

Salesforce.com, Inc. also made it to Ballast, Inc.'s winner's list, increasing its holding by an impressive 21.5% compared to the previous quarter. The company had a valuation of $1.07 million at the end of the quarter. Salesforce has been performing well, thanks to strong demand for its software products that help companies automate their sales, marketing, and customer service operations.

Nike, Inc. (NKE):

Ballast, Inc. also increased its holdings in Nike in Q1 2023, with an increase of 4.7% compared to the previous quarter. Nike's strong brand image, innovative products, and solid earnings results have been driving up the company's shares in the stock market.

Now, let's take a look at the losers:

Exxon Mobil Corporation (XOM):

Exxon Mobil Corporation is one of the biggest losers in Ballast, Inc.'s portfolio in Q1 2023. The company's holdings decreased by 0.4%, valued at $858,000 at the end of the quarter. Exxon Mobil has been struggling in the stock market due to the slump in oil prices and concerns about climate change, leading investors to sell their shares in the company.

Pfizer Inc. (PFE):

Pfizer Inc. is another significant loser in Ballast, Inc.'s portfolio. Its holdings decreased by 12.6% compared to the previous quarter, valued at $899,000 at the end of the quarter. Pfizer's vaccine for COVID-19 has been a significant success, but the market performance has been lackluster.

Vanguard Total World Stock ETF (VT):

Ballast, Inc. had a substantial decrease in its holdings in Vanguard Total World Stock ETF in Q1 2023. The company sold over 27,000 shares, resulting in a 40.6% decrease in its holdings compared to the previous quarter. Vanguard's ETFs have been hit hard during this time due to investors' rapid shift to actively managed funds.

In conclusion, while Ballast, Inc. had some winners in Q1 2023 with Apple, Salesforce, and Nike, it also had its fair share of losers with Exxon Mobil, Pfizer, and Vanguard's ETF. However, this is normal in the stock market, where some investments yield significant gains, and others don't perform well. Ballast, Inc.'s portfolio changes should be considered by investors in their own investments, but it is also significant to remember that they might not fit your specific investment strategies.