Ballast Financial Advisors LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ISTB	ISHARES TR	224,625 (+5.4%)	$10,885 (+4.8%)	11.2%	$48.74	—	CORE 1 5 YR USD	46432F859
SCHX	SCHWAB STRATEGIC TR	421,792 (+1.6%)	$10,815 (-3.2%)	11.1%	$26.89	—	US LRG CAP ETF	808524201
SCHZ	SCHWAB STRATEGIC TR	466,685 (+3.3%)	$10,836 (+2.6%)	11.1%	$23.37	—	US AGGREGATE B	808524839
VUG	VANGUARD INDEX FDS	4,666 (+2.0%)	$2,038 (-8.7%)	2.1%	$486.85	—	GROWTH ETF	922908736
FBND	FIDELITY MERRIMACK STR TR	34,744 (+11.1%)	$1,585 (+10.1%)	1.6%	$46.00	—	TOTAL BD ETF	316188309
IXUS	ISHARES TR	7,879 (+22.0%)	$683 (+24.9%)	0.7%	$85.00	—	CORE MSCI TOTAL	46432F834
VT	VANGUARD INTL EQUITY INDEX F	3,617 (+28.3%)	$500 (+25.8%)	0.5%	$140.46	—	TT WRLD ST ETF	922042742
VB	VANGUARD INDEX FDS	3,438 (+7.2%)	$901 (+8.8%)	0.9%	$258.19	—	SMALL CP ETF	922908751
VCIT	VANGUARD SCOTTSDALE FDS	12,312 (+8.8%)	$1,019 (+7.5%)	1.0%	$83.67	—	INT-TERM CORP	92206C870
MSFT	MICROSOFT CORP	641 (+2.2%)	$237 (-21.7%)	0.2%	$499.14	-12.9%	COM	594918104
FVAL	FIDELITY COVINGTON TRUST	9,304 (+15.3%)	$646 (+10.8%)	0.7%	$71.89	—	VLU FACTOR ETF	316092782
IWR	ISHARES TR	5,563 (+11.0%)	$541 (+12.1%)	0.6%	$96.36	—	RUS MID CAP ETF	464287499
VIG	VANGUARD SPECIALIZED FUNDS	10,374 (+4.8%)	$2,231 (+2.6%)	2.3%	$219.55	—	DIV APP ETF	921908844
JCPB	J P MORGAN EXCHANGE TRADED F	15,766 (+8.0%)	$742 (+7.4%)	0.8%	$47.33	—	CORE PLUS BD ETF	46641Q670
DGRO	ISHARES TR	6,464 (+11.3%)	$454 (+12.6%)	0.5%	$69.50	—	CORE DIV GRWTH	46434V621
JQUA	J P MORGAN EXCHANGE TRADED F	58,755 (+4.4%)	$3,603 (+1.3%)	3.7%	$63.10	—	US QUALTY FCTR	46641Q761
SPY	STATE STR SPDR S&P 500 ETF T	776 (+15.1%)	$505 (+9.8%)	0.5%	$677.77	—	TR UNIT	78462F103
XLU	SELECT SECTOR SPDR TR	5,853 (+10.9%)	$269 (+19.2%)	0.3%	$43.01	—	STATE STREET UTI	81369Y886
SCHD	SCHWAB STRATEGIC TR	8,391 (+2.8%)	$257 (+15.0%)	0.3%	$27.52	—	US DIVIDEND EQ	808524797
VIGI	VANGUARD WHITEHALL FDS	6,610 (+9.5%)	$585 (+5.9%)	0.6%	$91.19	—	INTL DVD ETF	921946810
DFAI	DIMENSIONAL ETF TRUST	14,521 (+1.7%)	$566 (+4.0%)	0.6%	$38.13	—	INTL CORE EQT MK	25434V203
VO	VANGUARD INDEX FDS	976 (+8.8%)	$280 (+7.6%)	0.3%	$289.95	—	MID CAP ETF	922908629
GOOGL	ALPHABET INC	1,613 (+5.1%)	$464 (-3.4%)	0.5%	$287.42	+12.5%	CAP STK CL A	02079K305
AAPL	APPLE INC	1,428 (+2.7%)	$363 (-4.2%)	0.4%	$268.20	-2.0%	COM	037833100
QQQ	INVESCO QQQ TR	823 (+3.0%)	$475 (-3.2%)	0.5%	$612.89	—	UNIT SER 1	46090E103
VV	VANGUARD INDEX FDS	1,905 (+8.2%)	$569 (+2.7%)	0.6%	$313.64	—	LARGE CAP ETF	922908637
JPM	JPMORGAN CHASE & CO	874 (+4.0%)	$257 (-5.1%)	0.3%	$309.61	+0.6%	COM	46625H100
VCSH	VANGUARD SCOTTSDALE FDS	12,329 (+1.6%)	$977 (+1.1%)	1.0%	$79.72	—	SHRT TRM CORP BD	92206C409

Exited Positions (4)

SMCI SUPER MICRO COMPUTER INC 0.3%

Value ($000) $293 Shares 10,000 Est. Cost $41.17 Unrealized -24.5%

NNE NANO NUCLEAR ENERGY INC 0.2%

Value ($000) $240 Shares 10,000 Est. Cost $38.28 Unrealized -22.0%

BTC GRAYSCALE BITCOIN MINI TR ET 0.2%

Value ($000) $214 Shares 5,514 Est. Cost $38.73 Unrealized —

DFAU DIMENSIONAL ETF TRUST 0.2%

Value ($000) $203 Shares 4,336 Est. Cost $46.80 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SMCI	SUPER MICRO COMPUTER INC	10,000	$293	0.3%	$41.17	-24.5%	—	86800U302
NNE	NANO NUCLEAR ENERGY INC	10,000	$240	0.2%	$38.28	-22.0%	—	63010H108
BTC	GRAYSCALE BITCOIN MINI TR ET	5,514	$214	0.2%	$38.73	—	—	389930207
DFAU	DIMENSIONAL ETF TRUST	4,336	$203	0.2%	$46.80	—	—	25434V104

Decreased Positions (16)

VBIL VANGUARD INSTL INDEX FD 0.4%

Value ($000) $366 (-56.2%) Shares 4,844 (-56.4%) Est. Cost $75.43 Unrealized —

GBTC GRAYSCALE BITCOIN TRUST ETF 1.0%

Value ($000) $937 (-28.5%) Shares 17,761 (-7.3%) Est. Cost $68.36 Unrealized —

SCHG SCHWAB STRATEGIC TR 2.2%

Value ($000) $2,132 (-11.7%) Shares 73,195 (-1.1%) Est. Cost $32.62 Unrealized —

SCHV SCHWAB STRATEGIC TR 1.5%

Value ($000) $1,497 (-3.1%) Shares 49,082 (-5.9%) Est. Cost $29.61 Unrealized —

JPST J P MORGAN EXCHANGE TRADED F 0.4%

Value ($000) $365 (-10.6%) Shares 7,210 (-10.7%) Est. Cost $50.59 Unrealized —

BND VANGUARD BD INDEX FDS 1.6%

Value ($000) $1,591 (-2.1%) Shares 21,612 (-1.5%) Est. Cost $74.07 Unrealized —

FNDC SCHWAB STRATEGIC TR 0.9%

Value ($000) $901 (+3.0%) Shares 19,444 (-1.0%) Est. Cost $44.55 Unrealized —

TBIL RBB FD INC 0.2%

Value ($000) $220 (-4.0%) Shares 4,416 (-3.9%) Est. Cost $49.88 Unrealized —

FNDE SCHWAB STRATEGIC TR 0.3%

Value ($000) $278 (+2.8%) Shares 7,276 (-3.1%) Est. Cost $36.06 Unrealized —

SPDW SPDR INDEX SHS FDS 0.3%

Value ($000) $246 (-2.6%) Shares 5,384 (-5.2%) Est. Cost $44.41 Unrealized —

VYM VANGUARD WHITEHALL FDS 0.3%

Value ($000) $340 (+1.7%) Shares 2,295 (-1.4%) Est. Cost $143.53 Unrealized —

SCHC SCHWAB STRATEGIC TR 0.4%

Value ($000) $383 (-1.3%) Shares 8,197 (-3.9%) Est. Cost $45.53 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.3%

Value ($000) $306 (-1.7%) Shares 5,656 (-2.2%) Est. Cost $53.76 Unrealized —

EWX SPDR INDEX SHS FDS 0.2%

Value ($000) $236 (-1.3%) Shares 3,571 (-1.9%) Est. Cost $65.66 Unrealized —

VBR VANGUARD INDEX FDS 1.1%

Value ($000) $1,070 (-0.2%) Shares 4,926 (-2.7%) Est. Cost $211.80 Unrealized —

FNDX SCHWAB STRATEGIC TR 1.3%

Value ($000) $1,272 (-0.1%) Shares 45,676 (-2.4%) Est. Cost $27.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VBIL	VANGUARD INSTL INDEX FD	4,844 (-56.4%)	$366 (-56.2%)	0.4%	$75.43	—	0-3 MO TREAS BIL	922040845
GBTC	GRAYSCALE BITCOIN TRUST ETF	17,761 (-7.3%)	$937 (-28.5%)	1.0%	$68.36	—	SHS REP COM UT	389637109
SCHG	SCHWAB STRATEGIC TR	73,195 (-1.1%)	$2,132 (-11.7%)	2.2%	$32.62	—	US LCAP GR ETF	808524300
SCHV	SCHWAB STRATEGIC TR	49,082 (-5.9%)	$1,497 (-3.1%)	1.5%	$29.61	—	US LCAP VA ETF	808524409
JPST	J P MORGAN EXCHANGE TRADED F	7,210 (-10.7%)	$365 (-10.6%)	0.4%	$50.59	—	ULTRA SHRT ETF	46641Q837
BND	VANGUARD BD INDEX FDS	21,612 (-1.5%)	$1,591 (-2.1%)	1.6%	$74.07	—	TOTAL BND MRKT	921937835
FNDC	SCHWAB STRATEGIC TR	19,444 (-1.0%)	$901 (+3.0%)	0.9%	$44.55	—	FUNDAMENTAL INTL	808524748
TBIL	RBB FD INC	4,416 (-3.9%)	$220 (-4.0%)	0.2%	$49.88	—	F/M US TREASURY	74933W452
FNDE	SCHWAB STRATEGIC TR	7,276 (-3.1%)	$278 (+2.8%)	0.3%	$36.06	—	FUNDAMENTAL EMER	808524730
SPDW	SPDR INDEX SHS FDS	5,384 (-5.2%)	$246 (-2.6%)	0.3%	$44.41	—	STATE STREET SPD	78463X889
VYM	VANGUARD WHITEHALL FDS	2,295 (-1.4%)	$340 (+1.7%)	0.3%	$143.53	—	HIGH DIV YLD	921946406
SCHC	SCHWAB STRATEGIC TR	8,197 (-3.9%)	$383 (-1.3%)	0.4%	$45.53	—	INTL SCEQT ETF	808524888
VWO	VANGUARD INTL EQUITY INDEX F	5,656 (-2.2%)	$306 (-1.7%)	0.3%	$53.76	—	FTSE EMR MKT ETF	922042858
EWX	SPDR INDEX SHS FDS	3,571 (-1.9%)	$236 (-1.3%)	0.2%	$65.66	—	STATE STREET SPD	78463X756
VBR	VANGUARD INDEX FDS	4,926 (-2.7%)	$1,070 (-0.2%)	1.1%	$211.80	—	SM CP VAL ETF	922908611
FNDX	SCHWAB STRATEGIC TR	45,676 (-2.4%)	$1,272 (-0.1%)	1.3%	$27.21	—	FUNDAMENTAL US L	808524771

Unchanged Positions (22)

FNDF SCHWAB STRATEGIC TR 6.1%

Value ($000) $5,929 Shares 121,167 Est. Cost $45.21 Unrealized —

AVUV AMERICAN CENTY ETF TR 4.5%

Value ($000) $4,399 Shares 39,820 Est. Cost $101.98 Unrealized —

AVLV AMERICAN CENTY ETF TR 4.3%

Value ($000) $4,169 Shares 51,720 Est. Cost $75.77 Unrealized —

IONQ IONQ INC 0.3%

Value ($000) $288 Shares 10,000 Est. Cost $56.04 Unrealized -26.1%

SCHF SCHWAB STRATEGIC TR 3.5%

Value ($000) $3,430 Shares 138,588 Est. Cost $24.04 Unrealized —

DFEM DIMENSIONAL ETF TRUST 1.8%

Value ($000) $1,783 Shares 51,598 Est. Cost $33.08 Unrealized —

SMR NUSCALE PWR CORP 0.2%

Value ($000) $219 Shares 20,200 Est. Cost $28.60 Unrealized -39.6%

LLY ELI LILLY & CO 0.3%

Value ($000) $276 Shares 300 Est. Cost $955.55 Unrealized +9.6%

SOXX ISHARES TR 0.5%

Value ($000) $487 Shares 1,481 Est. Cost $301.25 Unrealized —

DFAR DIMENSIONAL ETF TRUST 1.1%

Value ($000) $1,112 Shares 47,011 Est. Cost $22.90 Unrealized —

VOO VANGUARD INDEX FDS 0.8%

Value ($000) $774 Shares 1,296 Est. Cost $627.13 Unrealized —

VTV VANGUARD INDEX FDS 1.1%

Value ($000) $1,059 Shares 5,396 Est. Cost $190.99 Unrealized —

DISV DIMENSIONAL ETF TRUST 1.1%

Value ($000) $1,046 Shares 26,516 Est. Cost $38.00 Unrealized —

BAC BANK AMERICA CORP 0.2%

Value ($000) $233 Shares 4,784 Est. Cost $52.67 Unrealized +1.9%

DFIS DIMENSIONAL ETF TRUST 1.8%

Value ($000) $1,742 Shares 51,750 Est. Cost $32.94 Unrealized —

TJX TJX COS INC NEW 0.3%

Value ($000) $325 Shares 2,035 Est. Cost $147.70 Unrealized +4.4%

DFUS DIMENSIONAL ETF TRUST 0.3%

Value ($000) $278 Shares 3,924 Est. Cost $74.17 Unrealized —

BSV VANGUARD BD INDEX FDS 0.7%

Value ($000) $706 Shares 9,008 Est. Cost $78.81 Unrealized —

DFAC DIMENSIONAL ETF TRUST 0.4%

Value ($000) $378 Shares 9,735 Est. Cost $39.59 Unrealized —

TOTL SSGA ACTIVE ETF TR 0.4%

Value ($000) $428 Shares 10,771 Est. Cost $40.25 Unrealized —

VXUS VANGUARD STAR FDS 0.2%

Value ($000) $232 Shares 3,007 Est. Cost $75.44 Unrealized —

VBK VANGUARD INDEX FDS 2.4%

Value ($000) $2,345 Shares 7,758 Est. Cost $302.11 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FNDF	SCHWAB STRATEGIC TR	121,167	$5,929	6.1%	$45.21	—	FUNDAMENTAL INTL	808524755
AVUV	AMERICAN CENTY ETF TR	39,820	$4,399	4.5%	$101.98	—	US SML CP VALU	025072877
AVLV	AMERICAN CENTY ETF TR	51,720	$4,169	4.3%	$75.77	—	US LARGE CAP VLU	025072349
IONQ	IONQ INC	10,000	$288	0.3%	$56.04	-26.1%	COM	46222L108
SCHF	SCHWAB STRATEGIC TR	138,588	$3,430	3.5%	$24.04	—	INTL EQTY ETF	808524805
DFEM	DIMENSIONAL ETF TRUST	51,598	$1,783	1.8%	$33.08	—	EMERGING MKTS CO	25434V732
SMR	NUSCALE PWR CORP	20,200	$219	0.2%	$28.60	-39.6%	CL A COM	67079K100
LLY	ELI LILLY & CO	300	$276	0.3%	$955.55	+9.6%	COM	532457108
SOXX	ISHARES TR	1,481	$487	0.5%	$301.25	—	ISHARES SEMICDTR	464287523
DFAR	DIMENSIONAL ETF TRUST	47,011	$1,112	1.1%	$22.90	—	US REAL ESTATE E	25434V823
VOO	VANGUARD INDEX FDS	1,296	$774	0.8%	$627.13	—	S&P 500 ETF SHS	922908363
VTV	VANGUARD INDEX FDS	5,396	$1,059	1.1%	$190.99	—	VALUE ETF	922908744
DISV	DIMENSIONAL ETF TRUST	26,516	$1,046	1.1%	$38.00	—	INTL SMALL CAP V	25434V781
BAC	BANK AMERICA CORP	4,784	$233	0.2%	$52.67	+1.9%	COM	060505104
DFIS	DIMENSIONAL ETF TRUST	51,750	$1,742	1.8%	$32.94	—	INTL SMALL CAP E	25434V773
TJX	TJX COS INC NEW	2,035	$325	0.3%	$147.70	+4.4%	COM	872540109
DFUS	DIMENSIONAL ETF TRUST	3,924	$278	0.3%	$74.17	—	US EQUITY MARKET	25434V401
BSV	VANGUARD BD INDEX FDS	9,008	$706	0.7%	$78.81	—	SHORT TRM BOND	921937827
DFAC	DIMENSIONAL ETF TRUST	9,735	$378	0.4%	$39.59	—	US CORE EQUITY 2	25434V708
TOTL	SSGA ACTIVE ETF TR	10,771	$428	0.4%	$40.25	—	STATE STREET DOU	78467V848
VXUS	VANGUARD STAR FDS	3,007	$232	0.2%	$75.44	—	VG TL INTL STK F	921909768
VBK	VANGUARD INDEX FDS	7,758	$2,345	2.4%	$302.11	—	SML CP GRW ETF	922908595