Ballast Asset Management, LP
13F Reported Value
ⓘ$224.7M
Holdings
52
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
Ballast Asset Management, LP disclosed 52 positions worth $224.7M in its Form 13F-HR for Q1 2026, led by $NRP (NATURAL RESOURCE PARTNERS LP) at 4.1% of the equity portfolio, followed by $ECVT and $AZZ. During the quarter the fund opened 1 new position and exited 1 — including a new stake in $SPSC and a full exit from $RHLD. The portfolio is most concentrated in Industrials (24.3% of disclosed assets). All figures are sourced directly from Ballast Asset Management, LP’s Form 13F-HR filing with the SEC under CIK 1998389.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- 57.4#1,049
Quality
$9.2M75,868 sh - 36.6#2,095
Quality
$7.1M554,625 sh - 57.2#1,051
Quality
$7.0M56,052 sh - 79.4
Quality
$6.7M26,357 sh - 56.9
Quality
$6.5M115,871 sh - 62.2
Quality
$6.3M319,188 sh - 65.1
Quality
$5.9M12,117 sh - —
Quality
$5.9M136,586 sh - 57.7
Quality
$5.8M66,887 sh - —
Quality
$5.6M189,845 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 NATURAL RESOURCE PARTNERS LP$NRP | 57.4#1,049 | $9.2M | 75,868 |
 Ecovyst Inc.$ECVT | 36.6#2,095 | $7.1M | 554,625 |
 AZZ INC$AZZ | 57.2#1,051 | $7.0M | 56,052 |
 ROYAL GOLD INC$RGLD | 79.4 | $6.7M | 26,357 |
 Solaris Energy Infrastructure, Inc.$SEI | 56.9 | $6.5M | 115,871 |
 Climb Global Solutions, Inc.$CLMB | 62.2 | $6.3M | 319,188 |
 CAVCO INDUSTRIES, INC.$CVCO | 65.1 | $5.9M | 12,117 |
 Merchants Bancorp$MBIN | — | $5.9M | 136,586 |
 Turning Point Brands, Inc.$TPB | 57.7 | $5.8M | 66,887 |
 Capital Bancorp Inc$CBNK | — | $5.6M | 189,845 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Ballast Asset Management, LP's 52 positions.
Showing top 10 of 52 holdings.
Sector Allocation
Industrials
$54.5M
Technology
$34.9M
Energy
$33.3M
Financials
$32.7M
Materials
$22.5M
Healthcare
$20.3M
Consumer Staples
$8.7M
Communication Services
$7.9M
Full Holdings — Ballast Asset Management, LP (Q1 2026)
All 52 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $NRP | NATURAL RESOURCE PARTNERS LP | $9.2M | 4.1% | +5% | 57.4 |
| 2 | $ECVT | Ecovyst Inc. | $7.1M | 3.2% | +3% | 36.6 |
| 3 | $AZZ | AZZ INC | $7.0M | 3.1% | +2% | 57.2 |
| 4 | $RGLD | ROYAL GOLD INC | $6.7M | 3.0% | +3% | 79.4 |
| 5 | $SEI | Solaris Energy Infrastructure, Inc. | $6.5M | 2.9% | +3% | 56.9 |
| 6 | $CLMB | Climb Global Solutions, Inc. | $6.3M | 2.8% | +315% | 62.2 |
| 7 | $CVCO | CAVCO INDUSTRIES, INC. | $5.9M | 2.6% | +3% | 65.1 |
| 8 | $MBIN | Merchants Bancorp | $5.9M | 2.6% | +2% | — |
| 9 | $TPB | Turning Point Brands, Inc. | $5.8M | 2.6% | +3% | 57.7 |
| 10 | $CBNK | Capital Bancorp Inc | $5.6M | 2.5% | +3% | — |
| 11 |  $KOS | Kosmos Energy Ltd. | $5.6M | 2.5% | +11% | — |
| 12 |  $AGM | FEDERAL AGRICULTURAL MORTGAGE CORP | $5.6M | 2.5% | +7% | — |
| 13 |  $PATK | PATRICK INDUSTRIES INC | $5.5M | 2.5% | +3% | 56 |
| 14 |  $LSTR | LANDSTAR SYSTEM INC | $5.5M | 2.4% | +2% | 49 |
| 15 |  $GEO | GEO GROUP INC | $5.4M | 2.4% | +24% | 63 |
| 16 |  $CNR | Core Natural Resources, Inc. | $5.3M | 2.4% | +2% | 51.8 |
| 17 |  $BCO | BRINKS CO | $5.3M | 2.4% | +4% | 52 |
| 18 |  $TEX | TEREX CORP | $5.0M | 2.2% | +3% | 49.9 |
| 19 |  $EPSN | Epsilon Energy Ltd. | $5.0M | 2.2% | +3% | — |
| 20 |  $GPGI | GPGI, Inc. | $5.0M | 2.2% | +3% | 11.3 |
| 21 |  $BELFA | BEL FUSE INC /NJ | $4.7M | 2.1% | -44% | 60.7 |
| 22 |  $MTUS | Metallus Inc. | $4.7M | 2.1% | +3% | 36.7 |
| 23 |  $KN | Knowles Corp | $4.4M | 1.9% | +2% | 61.9 |
| 24 |  $CRTO | Criteo S.A. | $4.2M | 1.9% | +29% | — |
| 25 |  $EXP | EAGLE MATERIALS INC | $4.2M | 1.9% | +2% | 62.7 |
| 26 |  $MLI | MUELLER INDUSTRIES INC | $4.1M | 1.8% | +28% | 77.5 |
| 27 |  $CCSI | Consensus Cloud Solutions, Inc. | $3.9M | 1.8% | +43% | 61.7 |
| 28 |  $MTG | MGIC INVESTMENT CORP | $3.9M | 1.8% | +3% | 67.1 |
| 29 |  $EPR | EPR PROPERTIES | $3.8M | 1.7% | +2% | 64 |
| 30 |  $ATNI | ATN International, Inc. | $3.7M | 1.7% | +12% | 38.8 |
| 31 |  $COLL | COLLEGIUM PHARMACEUTICAL, INC | $3.7M | 1.7% | +3% | 60.8 |
| 32 |  $HLMN | Hillman Solutions Corp. | $3.7M | 1.6% | +6% | 43.8 |
| 33 |  $GSM | Ferroglobe PLC | $3.6M | 1.6% | +2% | — |
| 34 |  $IRMD | IRADIMED CORP | $3.6M | 1.6% | +2% | 68.4 |
| 35 |  $BLCO | Bausch & Lomb Corp | $3.5M | 1.6% | +2% | 43.4 |
| 36 |  $OZK | Bank OZK | $3.3M | 1.5% | +9% | — |
| 37 |  $BRKR | BRUKER CORP | $3.3M | 1.5% | +35% | 44.9 |
| 38 |  $G | Genpact LTD | $3.1M | 1.4% | +10% | — |
| 39 |  $RCMT | RCM TECHNOLOGIES, INC. | $3.1M | 1.4% | +19% | 53.9 |
| 40 |  $CBT | CABOT CORP | $3.1M | 1.4% | +43% | 56.5 |
| 41 |  $IPGP | IPG PHOTONICS CORP | $3.0M | 1.3% | -23% | 34.9 |
| 42 |  $DCI | DONALDSON Co INC | $3.0M | 1.3% | +3% | 64.7 |
| 43 |  $PHIN | PHINIA INC. | $2.9M | 1.3% | +2% | 56.6 |
| 44 |  $IMKTA | INGLES MARKETS INC | $2.9M | 1.3% | +2% | 50.6 |
| 45 |  $ASIX | AdvanSix Inc. | $2.9M | 1.3% | +10% | 45.5 |
| 46 |  $GBTG | Global Business Travel Group, Inc. | $2.8M | 1.2% | +2% | 56.2 |
| 47 |  $QDEL | QuidelOrtho Corp | $2.4M | 1.1% | +48% | 26.4 |
| 48 |  $CASS | CASS INFORMATION SYSTEMS INC | $2.3M | 1.0% | +3% | 54.3 |
| 49 |  $EXTR | EXTREME NETWORKS INC | $2.1M | 0.9% | +2% | 52 |
| 50 |  $SPSC | SPS COMMERCE INC | $2.1M | 0.9% | NEW | 68.5 |
| 51 |  $TRIP | TripAdvisor, Inc. | $2.0M | 0.9% | +2% | 51.5 |
| 52 |  $AMR | Alpha Metallurgical Resources, Inc. | $1.6M | 0.7% | +22% | 32 |
New Positions (1)
$SPSC SPS COMMERCE INC$2.1MExited Positions (1)
$RHLD Resolute Holdings Management, Inc.Browse Top Institutional Investors
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