Ballast Asset Management, LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Ballast Asset Management, LP maintained a portfolio of 55 distinct positions. The most significant new addition to the portfolio was ADVANSIX INC, which now represents 0.87% of the total fund value. They heavily accumulated shares in GEO GROUP INC NEW, increasing their position by 42.5%. The fund also reduced its exposure to SOLARIS ENERGY INFRA by 37.8%.
PCA Score Concentration Risk
Risk ENB
Total Positions
55
Quarter
2025 Q4
Top Holding
CLMB (3.7%)
Top 10 Concentration
31.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 55
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
CLMB
CLIMB GLOBAL SO...
Technology 3.73% 4.91% #1
Prev: #1
4.0 -2,940 -3.7%
P
S
76,857 $7,900,131 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NRP
NATURAL RESOURC...
Energy 3.56% 3.64% #2
Prev: #2
3.4 -3,661 -4.8%
P
S
72,207 $7,538,411 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BELFB
BEL FUSE INC
Technology 3.37% 3.29% #3 1
Prev: #4
2.8 -9,072 -17.8%
P
S
42,008 $7,125,817 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TPB
TURNING PT BRAN...
Consumer Defensive 3.34% 3.05% #4 2
Prev: #6
2.3 -2,310 -3.4%
P
S
65,242 $7,072,233 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CVCO
CAVCO INDS INC ...
Consumer Cyclical 3.30% 3.24% #5
Prev: #5
2.3 -427 -3.5%
P
S
11,812 $6,977,821 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AGM
FEDERAL AGRIC M...
Financial Services 2.90% 2.78% #6 4
Prev: #10
1.7 -1,281 -3.5%
P
S
34,977 $6,140,912 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AZZ
AZZ INC
Industrials 2.77% 2.82% #7
Prev: #7
1.6 -1,904 -3.4%
P
S
54,692 $5,861,889 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BCO
BRINKS CO
Industrials 2.73% 2.73% #8 3
Prev: #11
1.6 -1,743 -3.4%
P
S
49,506 $5,778,835 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RGLD
ROYAL GOLD INC
Basic Materials 2.70% 2.44% #9 3
Prev: #12
1.6 -910 -3.4%
P
S
25,707 $5,714,409 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CMPO
COMPOSECURE INC
Industrials 2.58% 2.79% #10 1
Prev: #9
1.5 -10,108 -3.4%
P
S
283,203 $5,460,154 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PATK
PATRICK INDS IN...
Consumer Cyclical 2.49% 2.37% #11 2
Prev: #13
1.5 -1,701 -3.4%
P
S
48,544 $5,263,626 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ECVT
ECOVYST INC
Basic Materials 2.49% 2.24% #12 3
Prev: #15
1.5 -19,292 -3.4%
P
S
540,845 $5,262,422 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CBNK
CAPITAL BANCORP...
Financial Services 2.46% 2.79% #13 5
Prev: #8
1.5 -6,916 -3.6%
P
S
184,880 $5,208,070 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SEI
SOLARIS ENERGY ...
Energy 2.45% 3.32% #14 11
Prev: #3
1.0 -68,748 -37.8%
P
S
113,026 $5,195,805 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
COLL
COLLEGIUM PHARM...
Healthcare 2.42% 1.83% #15 11
Prev: #26
1.5 -3,872 -3.4%
P
S
110,443 $5,113,511 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LSTR
LANDSTAR SYS IN...
Industrials 2.27% 1.93% #16 7
Prev: #23
1.4 -1,155 -3.3%
P
S
33,424 $4,803,029 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MTUS
METALLUS INC
Basic Materials 2.26% 2.18% #17 1
Prev: #16
1.4 -9,905 -3.4%
P
S
279,412 $4,794,710 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MBIN
MERCHANTS BANCO...
Financial Services 2.14% 2.00% #18 1
Prev: #19
1.4 -4,591 -3.3%
P
S
133,296 $4,540,062 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
EXP
EAGLE MATLS INC
Basic Materials 2.10% 2.36% #19 5
Prev: #14
1.3 -707 -3.2%
P
S
21,473 $4,438,040 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TEX
TEREX CORP NEW
Industrials 2.09% 2.01% #20 2
Prev: #18
1.3 -2,741 -3.2%
P
S
83,054 $4,433,423 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CNR
CORE NATURAL RE...
Energy 2.08% 1.96% #21 1
Prev: #20
1.3 -1,708 -3.3%
P
S
49,695 $4,398,504 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MTG
MGIC INVT CORP ...
Financial Services 2.01% 1.95% #22 1
Prev: #21
1.3 -5,110 -3.4%
P
S
145,808 $4,260,510 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GEO
GEO GROUP INC N...
Industrials 1.96% 1.69% #23 7
Prev: #30
3.3 76,927 42.5%
P
S
257,858 $4,156,671 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GSM
FERROGLOBE PLC
Basic Materials 1.86% 1.82% #24 3
Prev: #27
1.2 -29,414 -3.3%
P
S
849,162 $3,940,112 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GBTG
GLOBAL BUSINESS...
Consumer Cyclical 1.77% 1.87% #25 1
Prev: #24
1.2 -16,480 -3.3%
P
S
489,519 $3,744,820 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CRTO
CRITEO S A
Communication Services 1.77% 1.94% #26 4
Prev: #22
1.2 -6,172 -3.3%
P
S
181,678 $3,744,384 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EPSN
EPSILON ENERGY ...
Energy 1.74% 1.28% #27 12
Prev: #39
3.2 239,595 43.2%
P
S
794,322 $3,685,654 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EPR
EPR PPTYS
Bond/Debt 1.74% 2.02% #28 11
Prev: #17
1.2 -2,541 -3.3%
P
S
73,802 $3,682,720 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BLCO
BAUSCH PLUS LOM...
Healthcare 1.73% 1.52% #29 4
Prev: #33
1.2 -7,336 -3.3%
P
S
214,326 $3,662,598 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HLMN
HILLMAN SOLUTIO...
Industrials 1.72% 1.82% #30 2
Prev: #28
1.2 -14,546 -3.4%
P
S
419,645 $3,634,126 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KN
KNOWLES CORP
Technology 1.69% 1.83% #31 6
Prev: #25
1.2 -5,110 -3.0%
P
S
167,337 $3,586,032 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
G
GENPACT LIMITED
Technology 1.67% 1.50% #32 2
Prev: #34
1.2 -2,632 -3.4%
P
S
75,680 $3,540,310 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IRMD
IRADIMED CORP
Healthcare 1.67% 1.22% #33 8
Prev: #41
1.2 -1,218 -3.3%
P
S
36,237 $3,525,135 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MLI
MUELLER INDS IN...
Industrials 1.58% 1.40% #34 1
Prev: #35
1.1 -1,029 -3.4%
P
S
29,210 $3,353,308 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RHLD
RESOLUTE HLDGS ...
Industrials 1.54% 0.54% #35 17
Prev: #52
1.1 -546 -3.3%
P
S
15,869 $3,250,393 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BRKR
BRUKER CORP
Healthcare 1.49% 1.03% #36 9
Prev: #45
1.1 -2,282 -3.3%
P
S
67,082 $3,160,233 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
OZK
BANK OZK LITTLE...
Financial Services 1.45% 1.60% #37 5
Prev: #32
1.1 -2,225 -3.2%
P
S
66,605 $3,065,162 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DCI
DONALDSON INC
Industrials 1.43% 1.32% #38
Prev: #38
1.1 -1,211 -3.4%
P
S
34,242 $3,035,896 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
QDEL
QUIDELORTHO COR...
Healthcare 1.33% 1.08% #39 5
Prev: #44
3.0 18,756 23.4%
P
S
98,775 $2,821,014 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ATNI
ATN INTL INC
Communication Services 1.32% 0.87% #40 10
Prev: #50
1.0 -4,319 -3.4%
P
S
122,408 $2,790,902 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RCMT
RCM TECHNOLOGIE...
Industrials 1.30% 1.69% #41 12
Prev: #29
1.0 -4,774 -3.4%
P
S
135,085 $2,761,813 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TRIP
TRIPADVISOR INC
Consumer Cyclical 1.23% 1.37% #42 6
Prev: #36
1.0 -6,188 -3.3%
P
S
178,993 $2,606,138 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PHIN
PHINIA INC
Consumer Cyclical 1.22% 1.12% #43
Prev: #43
1.0 -1,435 -3.4%
P
S
41,122 $2,577,938 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CCSI
CONSENSUS CLOUD...
Technology 1.20% 1.61% #44 13
Prev: #31
1.0 -4,102 -3.4%
P
S
116,355 $2,538,866 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IPGP
IPG PHOTONICS C...
Technology 1.14% 1.26% #45 5
Prev: #40
1.0 -1,127 -3.2%
P
S
33,814 $2,421,082 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EXTR
EXTREME NETWORK...
Technology 1.07% 1.33% #46 9
Prev: #37
0.9 -4,690 -3.3%
P
S
136,318 $2,269,695 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IMKTA
INGLES MKTS INC
Consumer Defensive 1.01% 1.02% #47 1
Prev: #46
0.9 -1,085 -3.4%
P
S
31,183 $2,137,595 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CASS
CASS INFORMATIO...
Industrials 0.98% 0.93% #48
Prev: #48
0.9 -1,750 -3.4%
P
S
50,009 $2,076,374 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CBT
CABOT CORP
Basic Materials 0.89% 1.02% #49 2
Prev: #47
0.9 -987 -3.4%
P
S
28,435 $1,884,672 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ASIX
ADVANSIX INC
Basic Materials 0.87% #50
Prev: #—
3.8 106,734 no change
NEW
106,734 $1,846,498 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 55 holdings

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