Fund HoldingsBallast Asset Management, LP

Total Portfolio Value
$224.72M
Total Bought
$224.72M
Total Sold
$211.70M
Net Transaction
+$13.02M
Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
Natural Resource Partners, L.P.(NRP)075,868+75,86809,1804.09%+9,180
ECOVYST INC USD 0.01(ECVT)0554,625+554,62507,1323.17%+7,132
AZZ INC USD 1.0056,052+56,05207,0143.12%+7,014
ROYAL GOLD INC USD 0.01(RGLD)026,357+26,35706,7082.98%+6,708
SOLARIS ENERGY INFRASTRUCTURE INC(SEI)0115,871+115,87106,5482.91%+6,548
CLIMB GLOBAL SOLUTIONS INC USD 0.010319,188+319,18806,3262.82%+6,326
CAVCO INDS INC DEL USD 0.01(CVCO)012,117+12,11705,8682.61%+5,868
MERCHANTS BANCORP IND NPV(MBIN)0136,586+136,58605,8612.61%+5,861
TURNING PT BRANDS INC USD 0.01(TPB)066,887+66,88705,8052.58%+5,805
CAPITAL BANCORP INC MD USD 0.010189,845+189,84505,6462.51%+5,646
KOSMOS ENERGY LTD USD 0.01(KOS)02,028,059+2,028,05905,6382.51%+5,638
FEDERAL AGRIC MTG CORP USD 1.0(AGM)037,592+37,59205,5772.48%+5,577
PATRICK INDS INC NPV(PATK)049,759+49,75905,5272.46%+5,527
LANDSTAR SYS INC USD 0.01(LSTR)034,249+34,24905,4902.44%+5,490
GEO GROUP INC NEW USD 0.01(GEO)0320,748+320,74805,3922.40%+5,392
CORE NAT RES INC USD 0.01(CNR)050,920+50,92005,3332.37%+5,333
BRINKS CO USD 1.0(BCO)051,249+51,24905,3112.36%+5,311
TEREX CORP NEW USD 0.01(TEX)085,144+85,14405,0322.24%+5,032
EPSILON ENERGY LTD NPV0814,322+814,32205,0162.23%+5,016
GPGI INC USD 0.0001(GPGI)0290,423+290,42304,9662.21%+4,966
BEL FUSE INC USD 0.1023,727+23,72704,6972.09%+4,697
METALLUS INC NPV0286,487+286,48704,6812.08%+4,681
KNOWLES CORP USD 0.01(KN)0170,987+170,98704,3911.95%+4,391
CRITEO S A EUR 0.025 ADR(CRTO)0233,538+233,53804,1871.86%+4,187
EAGLE MATLS INC USD 0.01(EXP)021,978+21,97804,1641.85%+4,164
MUELLER INDS INC USD 0.01(MLI)037,339+37,33904,1371.84%+4,137
CONSENSUS CLOUD SOLUTIONS USD 0.010166,085+166,08503,9431.75%+3,943
MGIC INVT CORP WIS USD 1.0(MTG)0149,458+149,45803,9231.75%+3,923
EPR PROPER SBI USD0.01(EPR)075,617+75,61703,7781.68%+3,778
ATN INTL INC USD 0.010137,593+137,59303,7451.67%+3,745
COLLEGIUM PHARMACEUTICAL USD 0.001(COLL)0113,223+113,22303,7441.67%+3,744
HILLMAN SOLUTIONS CORP USD 0.0001(HLMN)0445,835+445,83503,7091.65%+3,709
FERROGLOBE PLC USD 7.50870,172+870,17203,5851.60%+3,585
IRADIMED CORP USD 0.0001(IRMD)037,107+37,10703,5721.59%+3,572
BAUSCH PLUS LOMB CORP0219,566+219,56603,4851.55%+3,485
BANK OZK LITTLE ROCK ARK NPV(OZK)072,305+72,30503,3181.48%+3,318
BRUKER CORP USD 0.01(BRKR)090,564+90,56403,2711.46%+3,271
GENPACT LTD USD 0.01
SHS
083,112+83,11203,0961.38%+3,096
RCM TECHNOLOGIES INC USD 0.050160,995+160,99503,0811.37%+3,081
CABOT CORP USD 1.0(CBT)040,746+40,74603,0691.37%+3,069
IPG PHOTONICS CORP USD 0.0001(IPGP)026,119+26,11902,9931.33%+2,993
DONALDSON COM USD5(DCI)035,107+35,10702,9801.33%+2,980
PHINIA INC USD 0.01(PHIN)042,147+42,14702,8851.28%+2,885
INGLES MKTS INC USD 0.05(IMKTA)031,958+31,95802,8731.28%+2,873
ADVANSIX INC USD 0.010117,124+117,12402,8581.27%+2,858
GLOBAL BUSINESS TRAVEL USD 0.00005(GBTG)0501,344+501,34402,7981.24%+2,798
QUIDELORTHO CORP USD 0.001(QDEL)0145,960+145,96002,3981.07%+2,398
CASS INFORMATION SYS INC USD 0.5051,269+51,26902,2571.00%+2,257
EXTREME NETWORKS INC USD 0.001(EXTR)0139,668+139,66802,1060.94%+2,106
SPS COMM INC USD 0.001(SPSC)037,400+37,40002,0820.93%+2,082
TRIPADVISOR INC USD 0.001(TRIP)0183,413+183,41301,9550.87%+1,955
ALPHA METALLURGICAL RES IN USD 0.0107,738+7,73801,5880.71%+1,588
ALPHA METALLURGICAL RESOUR I6,3380-6,3381,2670-1,267
KOSMOS ENERGY LTD(KOS)1,820,7440-1,820,7441,6520-1,652
ADVANSIX INC106,7340-106,7341,8460-1,846
CABOT CORP(CBT)28,4350-28,4351,8850-1,885
CASS INFORMATION SYS INC50,0090-50,0092,0760-2,076
INGLES MKTS INC(IMKTA)31,1830-31,1832,1380-2,138
EXTREME NETWORKS(EXTR)136,3180-136,3182,2700-2,270
IPG PHOTONICS CORP(IPGP)33,8140-33,8142,4210-2,421
CONSENSUS CLOUD SOLUTIONS IN116,3550-116,3552,5390-2,539
PHINIA INC(PHIN)41,1220-41,1222,5780-2,578
TRIPADVISOR INC(TRIP)178,9930-178,9932,6060-2,606
RCM TECHNOLOGIES INC135,0850-135,0852,7620-2,762
ATN INTL INC122,4080-122,4082,7910-2,791
QUIDELORTHO CORP(QDEL)98,7750-98,7752,8210-2,821
DONALDSON INC(DCI)34,2420-34,2423,0360-3,036
BANK OZK LITTLE ROCK ARK(OZK)66,6050-66,6053,0650-3,065
BRUKER CORP(BRKR)67,0820-67,0823,1600-3,160
RESOLUTE HLDGS MGMT INC(RHLD)15,8690-15,8693,2500-3,250
MUELLER INDS INC(MLI)29,2100-29,2103,3530-3,353
IRADIMED CORP(IRMD)36,2370-36,2373,5250-3,525
GENPACT LIMITED
SHS
75,6800-75,6803,5400-3,540
KNOWLES CORP(KN)167,3370-167,3373,5860-3,586
HILLMAN SOLUTIONS CORP(HLMN)419,6450-419,6453,6340-3,634
BAUSCH PLUS LOMB CORP214,3260-214,3263,6630-3,663
EPR PPTYS(EPR)73,8020-73,8023,6830-3,683
EPSILON ENERGY LTD794,3220-794,3223,6860-3,686
CRITEO S A(CRTO)181,6780-181,6783,7440-3,744
GLOBAL BUSINESS TRAVEL GROUP(GBTG)489,5190-489,5193,7450-3,745
FERROGLOBE PLC849,1620-849,1623,9400-3,940
GEO GROUP INC NEW(GEO)257,8580-257,8584,1570-4,157
MGIC INVT CORP WIS(MTG)145,8080-145,8084,2610-4,261
CORE NATURAL RESOURCES INC(CNR)49,6950-49,6954,3990-4,399
TEREX CORP NEW(TEX)83,0540-83,0544,4330-4,433
EAGLE MATLS INC(EXP)21,4730-21,4734,4380-4,438
MERCHANTS BANCORP IND(MBIN)133,2960-133,2964,5400-4,540
METALLUS INC279,4120-279,4124,7950-4,795
LANDSTAR SYS INC(LSTR)33,4240-33,4244,8030-4,803
COLLEGIUM PHARMACEUTICAL INC(COLL)110,4430-110,4435,1140-5,114
SOLARIS ENERGY INFRAS INC(SEI)113,0260-113,0265,1960-5,196
CAPITAL BANCORP INC MD184,8800-184,8805,2080-5,208
ECOVYST INC(ECVT)540,8450-540,8455,2620-5,262
PATRICK INDS INC(PATK)48,5440-48,5445,2640-5,264
COMPOSECURE INC(GPGI)283,2030-283,2035,4600-5,460
ROYAL GOLD INC(RGLD)25,7070-25,7075,7140-5,714
BRINKS CO(BCO)49,5060-49,5065,7790-5,779
AZZ INC54,6920-54,6925,8620-5,862
FEDERAL AGRIC MTG CORP(AGM)34,9770-34,9776,1410-6,141
CAVCO INDS INC DEL(CVCO)11,8120-11,8126,9780-6,978
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