13F HOLDINGS REPORT
Ballast Asset Management, LP
Quarter ended Q3 2025 · Filed November 4, 2025 · Accession 0001998389-25-000008
Total Value
$219.1M
Positions
54
Other Managers
0
Confidential Omitted
No
Holdings (54)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CLIMB GLOBAL SOLUTIONS INC | CLMB | 79,797 | $10.8M | 4.91% |
| 2 | NATURAL RESOURCE PARTNERS L | 63900P608 | 75,868 | $8.0M | 3.64% |
| 3 | SOLARIS ENERGY INFRAS INC | SEI | 181,774 | $7.3M | 3.32% |
| 4 | BEL FUSE INC | BELFB | 51,080 | $7.2M | 3.29% |
| 5 | CAVCO INDS INC DEL | 149568107 | 12,239 | $7.1M | 3.24% |
| 6 | TURNING PT BRANDS INC | 90041L105 | 67,552 | $6.7M | 3.05% |
| 7 | AZZ INC | AZZ | 56,596 | $6.2M | 2.82% |
| 8 | CAPITAL BANCORP INC MD | CBNK | 191,796 | $6.1M | 2.79% |
| 9 | COMPOSECURE INC | 20459V105 | 293,311 | $6.1M | 2.79% |
| 10 | FEDERAL AGRIC MTG CORP | 313148306 | 36,258 | $6.1M | 2.78% |
| 11 | BRINKS CO | BCO | 51,249 | $6.0M | 2.73% |
| 12 | ROYAL GOLD INC | RGLD | 26,617 | $5.3M | 2.44% |
| 13 | PATRICK INDS INC | 703343103 | 50,245 | $5.2M | 2.37% |
| 14 | EAGLE MATLS INC | 26969P108 | 22,180 | $5.2M | 2.36% |
| 15 | ECOVYST INC | ECVT | 560,137 | $4.9M | 2.24% |
| 16 | METALLUS INC | MTUS | 289,317 | $4.8M | 2.18% |
| 17 | EPR PPTYS | 26884U109 | 76,343 | $4.4M | 2.02% |
| 18 | TEREX CORP NEW | TEX | 85,795 | $4.4M | 2.01% |
| 19 | MERCHANTS BANCORP IND | MBINN | 137,887 | $4.4M | 2.00% |
| 20 | CORE NATURAL RESOURCES INC | CNR | 51,403 | $4.3M | 1.96% |
| 21 | MGIC INVT CORP WIS | 552848103 | 150,918 | $4.3M | 1.95% |
| 22 | CRITEO S A | CRTO | 187,850 | $4.2M | 1.94% |
| 23 | LANDSTAR SYS INC | LSTR | 34,579 | $4.2M | 1.93% |
| 24 | GLOBAL BUSINESS TRAVEL GROUP | GBTG | 505,999 | $4.1M | 1.87% |
| 25 | KNOWLES CORP | KN | 172,447 | $4.0M | 1.83% |
| 26 | COLLEGIUM PHARMACEUTICAL INC | COLL | 114,315 | $4.0M | 1.83% |
| 27 | FERROGLOBE PLC | GSM | 878,576 | $4.0M | 1.82% |
| 28 | HILLMAN SOLUTIONS CORP | HLMN | 434,191 | $4.0M | 1.82% |
| 29 | RCM TECHNOLOGIES INC | RCMT | 139,859 | $3.7M | 1.69% |
| 30 | GEO GROUP INC NEW | GEO | 180,931 | $3.7M | 1.69% |
| 31 | CONSENSUS CLOUD SOLUTIONS IN | CCSI | 120,457 | $3.5M | 1.61% |
| 32 | BANK OZK LITTLE ROCK ARK | OZKAP | 68,830 | $3.5M | 1.60% |
| 33 | BAUSCH PLUS LOMB CORP | 071705107 | 221,662 | $3.3M | 1.52% |
| 34 | GENPACT LIMITED | G | 78,312 | $3.3M | 1.50% |
| 35 | MUELLER INDS INC | 624756102 | 30,239 | $3.1M | 1.40% |
| 36 | TRIPADVISOR INC | TRIP | 185,181 | $3.0M | 1.37% |
| 37 | EXTREME NETWORKS | EXTR | 141,008 | $2.9M | 1.33% |
| 38 | DONALDSON INC | DCI | 35,453 | $2.9M | 1.32% |
| 39 | EPSILON ENERGY LTD | EPSN | 554,727 | $2.8M | 1.28% |
| 40 | IPG PHOTONICS CORP | IPGP | 34,941 | $2.8M | 1.26% |
| 41 | IRADIMED CORP | IRMD | 37,455 | $2.7M | 1.22% |
| 42 | KOSMOS ENERGY LTD | KOS | 1,551,030 | $2.6M | 1.17% |
| 43 | PHINIA INC | PHIN | 42,557 | $2.4M | 1.12% |
| 44 | QUIDELORTHO CORP | QDEL | 80,019 | $2.4M | 1.08% |
| 45 | BRUKER CORP | BRKRP | 69,364 | $2.3M | 1.03% |
| 46 | INGLES MKTS INC | 457030104 | 32,268 | $2.2M | 1.02% |
| 47 | CABOT CORP | CBT | 29,422 | $2.2M | 1.02% |
| 48 | CASS INFORMATION SYS INC | CASS | 51,759 | $2.0M | 0.93% |
| 49 | AMDOCS LTD | DOX | 23,493 | $1.9M | 0.88% |
| 50 | ATN INTL INC | 00215F107 | 126,727 | $1.9M | 0.87% |
| 51 | AMERICAS CAR-MART INC | 03062T105 | 50,949 | $1.5M | 0.68% |
| 52 | RESOLUTE HLDGS MGMT INC | 76134H101 | 16,415 | $1.2M | 0.54% |
| 53 | BIOCERES CROP SOLUTIONS CORP | BIOX | 745,030 | $1.0M | 0.48% |
| 54 | ALPHA METALLURGICAL RESOUR I | 020764106 | 6,338 | $1.0M | 0.47% |