Ballast Asset Management, LP

Position in MBIN — Merchants Bancorp

CIK 1998389 DALLAS, TX

Position in MBIN

as of Jun 30, 2026 · filed Aug 13, 2026 Compact

Position Value

$6,763,500

+$902,595 QoQ

Shares Held

135,270

-1.0% QoQ

Ownership

0.294%

of shares outstanding

% of Portfolio

2.70%

of 13F equity value

Holder Rank

#25

of 189 holders

Holding Since

Jun 2025

5 quarters on record

Voting authority Sole 100% Shared 0% None 0%

Financial Services · as of Jun 30, 2026

Ballast Asset Management, LP holds $20,336,237 across 4 Banks - Regional names. MBIN ranks #1 (33.3% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	MBIN	Merchants Bancorp This page	135,270	$6,763,500
2	CBNK	Capital Bancorp Inc	187,859	$6,597,608
3	OZK	Bank OZK	71,665	$3,733,029
4	TCBX	Third Coast Bancshares, Inc.	80,250	$3,242,100

5 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-06-30	$6,763,500	135,270	-1.0%	Shares	Sole	2026-08-13
2026-03-31	$5,860,905	136,586	+2.5%	Shares	Sole	2026-05-07
2025-12-31	$4,540,061	133,296	-3.3%	Shares	Sole	2026-02-09
2025-09-30	$4,384,806	137,887	+80.3%	Shares	Sole	2025-11-04
2025-06-30	$2,528,829	76,469	—	Shares	Sole	2025-08-13
No filing history on record for this holder in this stock.