Ballast Asset Management, LP

CIK

1998389

Location

DALLAS, TX

Portfolio Value

Small $250,751,577

Diversification

Diversified

Filing Date

Global Rank

#5,781 / 8,818 ▼ 91

Top Industry

Banks - Regional 8.1%

Period ended 4 months ago

Filed Aug 13, 2026 · 3mo

12 quarters · since Sep 2023

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 29.1%, 47.2 effective positions, active share 97.2% against the S&P MidCap 400 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

22.3% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 9.0 quarters (4 to under 12)

Closest benchmark: the S&P MidCap 400 as of 2026-06-30, active share 97.2%; sector active share 34.1% against the combined 13F book's sector weights.

Over time 12 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

53 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

3.4%

−0.7 pts

Top 5

15.4%

−0.9 pts

Top 10

29.1%

−0.3 pts

HHI

212

Diversified−6

Portfolio Trend

12 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	24.3%	$60,879,079	11
Technology	17.0%	$42,528,205	9
Financial Services	12.7%	$31,927,805	6
Basic Materials	12.4%	$31,182,774	8
Energy	10.4%	$26,095,988	5
Consumer Cyclical	8.6%	$21,484,559	5
Healthcare	6.2%	$15,590,804	4
Consumer Defensive	3.4%	$8,420,260	2
Communication Services	3.3%	$8,297,677	2
Real Estate	1.7%	$4,344,426	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
HLMN	Hillman Solutions Corp.	+147,215	593,050	$5,005,342
GPGI	GPGI, Inc.	+83,472	373,895	$5,926,235
G	Genpact LTD	+36,214	119,326	$3,281,465
CASS	Cass Information Systems Inc	+26,018	77,287	$3,966,368
CRTO	Criteo S.A.	+22,950	256,488	$4,688,600
SPSC	Sps Commerce Inc	+18,849	56,249	$3,215,755
CBT	Cabot Corp	+11,764	52,510	$4,768,958
MLI	Mueller Industries Inc	+10,694	48,033	$5,904,696
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GSM	Ferroglobe PLC	−243,977	626,195	$1,991,300
GEO	Geo Group Inc	−120,048	200,700	$5,930,685
KN	Knowles Corp	−92,350	78,637	$3,261,862
SEI	Solaris Energy Infrastructure, Inc.	−38,752	77,119	$6,204,994
KOS	Kosmos Energy Ltd.	−19,906	2,008,153	$4,237,202
EPSN	Epsilon Energy Ltd.	−8,000	806,322	$4,362,202
RGLD	Royal Gold Inc	−7,312	19,045	$3,801,572
ECVT	Ecovyst Inc.	−5,512	549,113	$6,836,456
CLMB	Climb Global Solutions, Inc.	−3,418	315,770	$7,329,021
MTUS	Metallus Inc.	−2,830	283,657	$5,301,549
BLCO	Bausch & Lomb Corp	−2,096	217,470	$3,601,303
CBNK	Capital Bancorp Inc	−1,986	187,859	$6,597,608
TRIP	TripAdvisor, Inc.	−1,768	181,645	$2,490,352
CCSI	Consensus Cloud Solutions, Inc.	−1,628	164,457	$6,274,034
MTG	Mgic Investment Corp	−1,460	147,998	$4,173,543
QDEL	QuidelOrtho Corp	−1,434	144,526	$2,532,095
RCMT	Rcm Technologies, Inc.	−1,364	159,631	$4,506,383
ATNI	ATN International, Inc.	−1,350	136,243	$3,609,077
EXTR	Extreme Networks Inc	−1,340	138,328	$4,477,677
MBIN	Merchants Bancorp	−1,316	135,270	$6,763,500
COLL	Collegium Pharmaceutical, Inc	−1,112	112,111	$4,058,418
ASIX	AdvanSix Inc.	−1,076	116,048	$2,307,034
NRP	Natural Resource Partners LP	−1,062	74,806	$7,256,182
BRKR	Bruker Corp	−850	89,714	$5,398,988
TEX	Terex Corp	−836	84,308	$6,103,056
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
PAYS	Paysign, Inc.	467,476	$3,828,628
BNED	Barnes & Noble Education, Inc.	299,611	$3,763,114
TCBX	Third Coast Bancshares, Inc.	80,250	$3,242,100
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
IRMD	Iradimed Corp	37,107	$3,571,919
—		501,344	$2,797,499
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

53 tracked positions · $250,751,577 total · filing declares 53 positions · $250,741,344 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 53 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AZZ	Azz Inc Industrials	Reduced	55,508	-544	$8,606,515	+22.7%	12	before history	3.43%
BELFB	Bel Fuse Inc Technology	Reduced	23,493	-234	$7,824,108	+66.6%	10	$62.88	3.12%
AGM	Federal Agricultural Mortgage Corp Financial Services	Reduced	37,226	-366	$7,418,025	+33.0%	12	before history	2.96%
CVCO	Cavco Industries, Inc. Consumer Cyclical	Reduced	11,995	-122	$7,369,488	+25.6%	12	before history	2.94%
CLMB	Climb Global Solutions, Inc. Technology	Reduced	315,770	-3,418	$7,329,021	+15.8%	12	before history	2.92%
NRP	Natural Resource Partners LP Energy	Reduced	74,806	-1,062	$7,256,182	−21.0%	12	before history	2.89%
LSTR	Landstar System Inc Industrials	Reduced	33,919	-330	$7,014,788	+27.8%	12	before history	2.80%
ECVT	Ecovyst Inc. Basic Materials	Reduced	549,113	-5,512	$6,836,456	−4.2%	12	before history	2.73%
MBIN	Merchants Bancorp Financial Services	Reduced	135,270	-1,316	$6,763,500	+15.4%	5	$32.76	2.70%
CBNK	Capital Bancorp Inc Financial Services	Reduced	187,859	-1,986	$6,597,608	+16.9%	12	before history	2.63%
CCSI	Consensus Cloud Solutions, Inc. Technology	Reduced	164,457	-1,628	$6,274,034	+59.1%	7	$25.28	2.50%
SEI	Solaris Energy Infrastructure, Inc. Energy	Reduced	77,119	-38,752	$6,204,994	−5.2%	12	before history	2.47%
TEX	Terex Corp Industrials	Reduced	84,308	-836	$6,103,056	+21.3%	7	$50.80	2.43%
GEO	Geo Group Inc Industrials	Reduced	200,700	-120,048	$5,930,685	+10.0%	10	$14.23	2.37%
GPGI	GPGI, Inc. Industrials	Added	373,895	+83,472	$5,926,235	+19.3%	8	unpriced	2.36%
MLI	Mueller Industries Inc Industrials	Added	48,033	+10,694	$5,904,696	+42.7%	4	$105.31	2.35%
TPB	Turning Point Brands, Inc. Consumer Defensive	Reduced	66,229	-658	$5,616,881	−3.2%	8	$40.33	2.24%
BRKR	Bruker Corp Healthcare	Reduced	89,714	-850	$5,398,988	+65.0%	5	$38.92	2.15%
MTUS	Metallus Inc. Basic Materials	Reduced	283,657	-2,830	$5,301,549	+13.3%	7	$14.93	2.11%
HLMN	Hillman Solutions Corp. Industrials	Added	593,050	+147,215	$5,005,342	+34.9%	7	$9.69	2.00%
EXP	Eagle Materials Inc Basic Materials	Reduced	21,776	-202	$4,899,600	+17.7%	12	before history	1.95%
BCO	Brinks Co Industrials	Reduced	50,741	-508	$4,794,517	−9.7%	9	$95.71	1.91%
CBT	Cabot Corp Basic Materials	Added	52,510	+11,764	$4,768,958	+55.4%	5	$76.79	1.90%
CRTO	Criteo S.A. Communication Services	Added	256,488	+22,950	$4,688,600	+12.0%	4	$21.99	1.87%
RCMT	Rcm Technologies, Inc. Industrials	Reduced	159,631	-1,364	$4,506,383	+46.2%	12	before history	1.80%
EXTR	Extreme Networks Inc Technology	Reduced	138,328	-1,340	$4,477,677	+112.6%	12	before history	1.79%
PATK	Patrick Industries Inc Consumer Cyclical	Reduced	49,273	-486	$4,423,729	−20.0%	10	$74.59	1.76%
EPSN	Epsilon Energy Ltd. Energy	Reduced	806,322	-8,000	$4,362,202	−13.0%	12	before history	1.74%
EPR	Epr Properties Real Estate	Reduced	74,891	-726	$4,344,426	+15.0%	12	before history	1.73%
KOS	Kosmos Energy Ltd. Energy	Reduced	2,008,153	-19,906	$4,237,202	−24.8%	12	before history	1.69%
MTG	Mgic Investment Corp Financial Services	Reduced	147,998	-1,460	$4,173,543	+6.4%	12	before history	1.66%
COLL	Collegium Pharmaceutical, Inc Healthcare	Reduced	112,111	-1,112	$4,058,418	+8.4%	5	$30.31	1.62%
CNR	Core Natural Resources, Inc. Energy	Reduced	50,430	-490	$4,035,408	−24.3%	6	$84.43	1.61%
CASS	Cass Information Systems Inc Industrials	Added	77,287	+26,018	$3,966,368	+75.7%	12	before history	1.58%
PAYS	Paysign, Inc. Technology	NEW	467,476	NEW	$3,828,628	NEW	1	$6.62	1.53%
RGLD	Royal Gold Inc Basic Materials	Reduced	19,045	-7,312	$3,801,572	−43.3%	6	$149.90	1.52%
BNED	Barnes & Noble Education, Inc. Consumer Cyclical	NEW	299,611	NEW	$3,763,114	NEW	1	$10.44	1.50%
OZK	Bank OZK Financial Services	Reduced	71,665	-640	$3,733,029	+12.5%	5	$45.70	1.49%
ATNI	ATN International, Inc. Communication Services	Reduced	136,243	-1,350	$3,609,077	−3.6%	4	$17.51	1.44%
BLCO	Bausch & Lomb Corp Healthcare	Reduced	217,470	-2,096	$3,601,303	+3.2%	12	before history	1.44%
PHIN	Phinia Inc. Consumer Cyclical	Reduced	41,737	-410	$3,437,876	+19.2%	12	before history	1.37%
G	Genpact LTD Technology	Added	119,326	+36,214	$3,281,465	+6.0%	12	before history	1.31%
KN	Knowles Corp Technology	Reduced	78,637	-92,350	$3,261,862	−25.7%	12	before history	1.30%
TCBX	Third Coast Bancshares, Inc. Financial Services	NEW	80,250	NEW	$3,242,100	NEW	1	$38.98	1.29%
SPSC	Sps Commerce Inc Technology	Added	56,249	+18,849	$3,215,755	+54.5%	2	$66.41	1.28%
DCI	DONALDSON Co INC Industrials	Reduced	34,761	-346	$3,120,494	+4.7%	5	$68.12	1.24%
IPGP	Ipg Photonics Corp Technology	Reduced	25,875	-244	$3,035,655	+1.4%	12	before history	1.21%
IMKTA	Ingles Markets Inc Consumer Defensive	Reduced	31,648	-310	$2,803,379	−2.4%	7	$67.50	1.12%
QDEL	QuidelOrtho Corp Healthcare	Reduced	144,526	-1,434	$2,532,095	+5.6%	12	before history	1.01%
TRIP	TripAdvisor, Inc. Consumer Cyclical	Reduced	181,645	-1,768	$2,490,352	+27.4%	12	before history	0.99%

Showing the top 50 of 53 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.