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Ballast Asset Management, LP

CIK:0001998389
Investment Adviser
$206M AUM
54 holdings
Dallas, TX, USA
Founded:2023
5 employees
Latest filing:Jun 30, 2025

Ballast Asset Management, LP is a Dallas, Texas-based investment adviser registered with the SEC. Founded in 2023, the firm manages investments on behalf of institutions such as investment companies and pension plans, with a team of approximately 5 employees. Ballast focuses on managing equity portfolios with a value-driven and research-based approach for institutional clients.

Investment Strategy

Ballast Asset Management, LP practices a research-driven investment strategy focused on US equities. It employs a value-oriented approach, seeking to identify undervalued companies with solid fundamentals and sustainable growth potential. The firm directly manages portfolios for institutional clients, actively adjusting holdings based on fundamental analysis and market opportunities, emphasizing risk-adjusted performance and capital preservation.

Latest 13F Filing Activity

Ballast Asset Management, LP filed their most recent 13F report on Jun 30, 2025 disclosing 53 equity positions with a total 13F market value of $192M. The fund increased holdings in Collegium Pharmaceutical Usd 0.001, Merchants Bancorp Ind NPV, Bank Ozk Little Rock Ark NPV among other positions. Ballast Asset Management, LP reduced exposure to International General in Usd 0.0001, Cavco Inds Inc. Del Usd 0.01, Borgwarner Inc. Usd 0.01 among others.

Top Buys
C
COLLCOLLEGIUM PHARMACEUTICAL USD 0.001
+$2.6M
M
MBINMERCHANTS BANCORP IND NPV
+$2.5M
O
OZKBANK OZK LITTLE ROCK ARK NPV
+$2.4M
D
DCIDONALDSON COM USD5
+$2.4M
B
BRKRBRUKER CORP USD 0.01
+$2.2M
Top Sells
I
IGICINTERNATIONAL GENERAL IN USD 0.0001
-$5.8M
C
CVCOCAVCO INDS INC DEL USD 0.01
-$3.0M
B
BWABORGWARNER INC USD 0.01
-$2.7M
S
STRSITIO ROYALTIES CORP NEW USD 0.0001
-$2.2M
T
TKRTIMKEN CO NPV
-$2.2M

Top Holdings

C
CLMBCLIMB GLOBAL SOLUTIONS INC USD 0.01
+4.5%$8.6M
S
SEISOLARIS ENERGY INFRASTRUCTURE, INC
+4.3%$8.3M
N
NRPNatural Resource Partners L.P.
+4.1%$7.8M
T
TPBTURNING PT BRANDS INC USD 0.01
+4.0%$7.7M
A
AGMFEDERAL AGRIC MTG CORP USD 1.0
+3.6%$7.0M

Equity Positions (53)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
CLIMB GLOBAL SOLUTIONS INC USD 0.014.48%$8.6M80,618$49.82$106.91-$310.4K
SOLARIS ENERGY INFRASTRUCTURE, INC4.34%$8.3M295,118$9.85$28.29+$1.9M
Natural Resource Partners L.P.4.05%$7.8M81,588$82.52$95.51-$684.5K
TURNING PT BRANDS INC USD 0.014.00%$7.7M101,629$43.39$75.77+$1.7M
FEDERAL AGRIC MTG CORP USD 1.03.63%$7.0M35,981$167.94$194.28+$243.6K

Industry Allocation

WHOLESALE-COMPUTERS & PERIPHERAL EQUIPMENT & SOFTWARE
+4.9%
BITUMINOUS COAL & LIGNITE SURFACE MINING
+4.1%
MOTOR VEHICLE PARTS & ACCESSORIES
+3.5%
ELECTRONIC COILS, TRANSFORMERS & OTHER INDUCTORS
+3.3%
MOBILE HOMES
+3.2%