13F HOLDINGS REPORT
Ballast Asset Management, LP
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001998389-25-000006
Total Value
$192.4M
Positions
54
Other Managers
0
Confidential Omitted
No
Holdings (54)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CLIMB GLOBAL SOLUTIONS INC USD 0.01 | CLMB | 80,618 | $8.6M | 4.48% |
| 2 | SOLARIS ENERGY INFRASTRUCTURE, INC | SEI | 295,118 | $8.3M | 4.34% |
| 3 | Natural Resource Partners L.P. | 63900P608 | 81,588 | $7.8M | 4.05% |
| 4 | TURNING PT BRANDS INC USD 0.01 | 90041L105 | 101,629 | $7.7M | 4.00% |
| 5 | FEDERAL AGRIC MTG CORP USD 1.0 | 313148306 | 35,981 | $7.0M | 3.63% |
| 6 | BEL FUSE INC USD 0.1 | BELFB | 69,366 | $6.8M | 3.52% |
| 7 | CAPITAL BANCORP INC MD USD 0.01 | CBNK | 193,321 | $6.5M | 3.37% |
| 8 | AZZ INC USD 1.0 | AZZ | 56,078 | $5.3M | 2.75% |
| 9 | CAVCO INDS INC DEL USD 0.01 | 149568107 | 12,158 | $5.3M | 2.75% |
| 10 | ROYAL GOLD INC USD 0.01 | RGLD | 26,322 | $4.7M | 2.43% |
| 11 | ECOVYST INC USD 0.01 | ECVT | 555,373 | $4.6M | 2.38% |
| 12 | PATRICK INDS INC NPV | 703343103 | 49,342 | $4.6M | 2.37% |
| 13 | BRINKS CO USD 1.0 | BCO | 50,506 | $4.5M | 2.34% |
| 14 | METALLUS INC NPV | MTUS | 285,302 | $4.4M | 2.29% |
| 15 | EAGLE MATLS INC USD 0.01 | 26969P108 | 21,537 | $4.4M | 2.26% |
| 16 | EPR PROPER SBI USD0.01 | 26884U109 | 74,368 | $4.3M | 2.25% |
| 17 | GEO GROUP INC NEW USD 0.01 | GEO | 175,602 | $4.2M | 2.19% |
| 18 | MGIC INVT CORP WIS USD 1.0 | 552848103 | 147,553 | $4.1M | 2.14% |
| 19 | COMPOSECURE INC USD 0.0001 | 20459V105 | 288,948 | $4.1M | 2.12% |
| 20 | CASS INFORMATION SYS INC USD 0.5 | CASS | 90,106 | $3.9M | 2.04% |
| 21 | LANDSTAR SYS INC USD 0.01 | LSTR | 26,965 | $3.7M | 1.95% |
| 22 | CORE NAT RES INC USD 0.01 | CNR | 49,711 | $3.5M | 1.80% |
| 23 | GENPACT LTD USD 0.01 | G | 75,384 | $3.3M | 1.72% |
| 24 | RCM TECHNOLOGIES INC USD 0.05 | RCMT | 138,511 | $3.3M | 1.70% |
| 25 | FERROGLOBE PLC USD 7.5 | GSM | 848,087 | $3.1M | 1.62% |
| 26 | HILLMAN SOLUTIONS CORP USD 0.0001 | HLMN | 424,790 | $3.0M | 1.58% |
| 27 | KNOWLES CORP USD 0.01 | KN | 169,103 | $3.0M | 1.55% |
| 28 | EPSILON ENERGY LTD NPV | EPSN | 402,901 | $3.0M | 1.55% |
| 29 | BAUSCH PLUS LOMB CORP | 071705107 | 217,131 | $2.8M | 1.47% |
| 30 | AMERICAS CAR-MART INC USD 0.01 | 03062T105 | 50,067 | $2.8M | 1.46% |
| 31 | CONSENSUS CLOUD SOLUTIONS USD 0.01 | CCSI | 117,935 | $2.7M | 1.41% |
| 32 | COLLEGIUM PHARMACEUTICAL USD 0.001 | COLL | 87,206 | $2.6M | 1.34% |
| 33 | TEREX CORP NEW USD 0.01 | TEX | 54,650 | $2.6M | 1.33% |
| 34 | EXTREME NETWORKS INC USD 0.001 | EXTR | 141,026 | $2.5M | 1.32% |
| 35 | MERCHANTS BANCORP IND NPV | MBINN | 76,469 | $2.5M | 1.31% |
| 36 | GLOBAL BUSINESS TRAVEL USD 0.00005 | GBTG | 397,922 | $2.5M | 1.30% |
| 37 | IRADIMED CORP USD 0.0001 | IRMD | 40,914 | $2.4M | 1.27% |
| 38 | BANK OZK LITTLE ROCK ARK NPV | OZKAP | 51,620 | $2.4M | 1.26% |
| 39 | DONALDSON COM USD5 | DCI | 34,860 | $2.4M | 1.26% |
| 40 | IPG PHOTONICS CORP USD 0.0001 | IPGP | 34,744 | $2.4M | 1.24% |
| 41 | TRIPADVISOR INC USD 0.001 | TRIP | 180,672 | $2.4M | 1.23% |
| 42 | KOSMOS ENERGY LTD USD 0.01 | KOS | 1,364,387 | $2.3M | 1.22% |
| 43 | AMDOCS LTD 0.01P | DOX | 24,734 | $2.3M | 1.17% |
| 44 | LENNOX INTL INC USD 0.01 | 526107107 | 3,863 | $2.2M | 1.15% |
| 45 | BRUKER CORP USD 0.01 | BRKRP | 52,800 | $2.2M | 1.13% |
| 46 | CABOT CORP USD 1.0 | CBT | 28,532 | $2.1M | 1.11% |
| 47 | INTERNATIONAL MONEY EXPR USD 0.0001 | INTR | 211,366 | $2.1M | 1.11% |
| 48 | INGLES MKTS INC USD 0.05 | 457030104 | 31,669 | $2.0M | 1.04% |
| 49 | BIOCERES CROP SOLUTIONS USD 0.0001 | BIOX | 438,406 | $2.0M | 1.02% |
| 50 | PHINIA INC USD 0.01 | PHIN | 41,410 | $1.8M | 0.96% |
| 51 | INTERNATIONAL GENERAL IN USD 0.0001 | G4809J106 | 72,897 | $1.8M | 0.91% |
| 52 | QUIDELORTHO CORP USD 0.001 | QDEL | 25,190 | $725,976 | 0.38% |
| 53 | RESOLUTE HLDGS MGMT INC USD 0.0001 | 76134H101 | 16,102 | $513,171 | 0.27% |
| 54 | ALPHA METALLURGICAL RES IN USD 0.01 | 020764106 | 2,889 | $324,955 | 0.17% |