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Ballast Asset Management, LP

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13F filer, CIK 1998389, DALLAS, TX

Ballast Asset Management, LP reported $224,720,178 across 52 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-07. Its ten largest share positions make up 29.41% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001998389-26-000002

Period
2026-03-31
Reported value
$225M
Holdings
52
Top 10 weight
29.41%
New
1
Sold out
1

Largest buys vs the previous quarter

SecurityShares changeApprox. value
CLMBadded+242,331$4.8M
SPSCnew+37,400$2.08M
CCSIadded+49,730$1.18M
GEOadded+62,890$1.06M
CRTOadded+51,860$930K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
BELFBreduced-18,281-$3.62M
RHLDexited-15,869-$3.25M
IPGPreduced-7,695-$882K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2026

Share positions as resolved from 13F-HR 0001998389-26-000002, largest first. % of portfolio is the value over $224,720,178, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
NRPNATURAL RESOURCE PARTNERS LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 83,200 shares; 2024Q4: 80,019 shares; 2025Q1: 81,588 shares; 2025Q2: 81,588 shares; 2025Q3: 75,868 shares; 2025Q4: 72,207 shares; 2026Q1: 75,868 shares 75,868$9.18M4.09%+3,661Timeline
ECVTECOVYST INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 489,907 shares; 2024Q4: 478,360 shares; 2025Q1: 485,587 shares; 2025Q2: 555,373 shares; 2025Q3: 560,137 shares; 2025Q4: 540,845 shares; 2026Q1: 554,625 shares 554,625$7.13M3.17%+13,780Timeline
AZZAZZ INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 73,660 shares; 2024Q4: 66,180 shares; 2025Q1: 67,173 shares; 2025Q2: 56,078 shares; 2025Q3: 56,596 shares; 2025Q4: 54,692 shares; 2026Q1: 56,052 shares 56,052$7.01M3.12%+1,360Timeline
RGLDROYAL GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 26,322 shares; 2025Q2: 26,322 shares; 2025Q3: 26,617 shares; 2025Q4: 25,707 shares; 2026Q1: 26,357 shares 26,357$6.71M2.98%+650Timeline
SEISOLARIS ENERGY INFRAS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 499,512 shares; 2024Q4: 290,744 shares; 2025Q1: 295,118 shares; 2025Q2: 295,118 shares; 2025Q3: 181,774 shares; 2025Q4: 113,026 shares; 2026Q1: 115,871 shares 115,871$6.55M2.91%+2,845Timeline
CLMBCLIMB GLOBAL SOLUTIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 95,959 shares; 2024Q4: 79,358 shares; 2025Q1: 80,618 shares; 2025Q2: 80,618 shares; 2025Q3: 79,797 shares; 2025Q4: 76,857 shares; 2026Q1: 319,188 shares 319,188$6.33M2.82%+242,331Timeline
CVCOCAVCO INDS INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 16,223 shares; 2024Q4: 15,677 shares; 2025Q1: 15,911 shares; 2025Q2: 12,158 shares; 2025Q3: 12,239 shares; 2025Q4: 11,812 shares; 2026Q1: 12,117 shares 12,117$5.87M2.61%+305Timeline
MBINMERCHANTS BANCORP INDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 76,469 shares; 2025Q3: 137,887 shares; 2025Q4: 133,296 shares; 2026Q1: 136,586 shares 136,586$5.86M2.61%+3,290Timeline
TPBTURNING PT BRANDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 103,609 shares; 2024Q4: 100,141 shares; 2025Q1: 101,629 shares; 2025Q2: 101,629 shares; 2025Q3: 67,552 shares; 2025Q4: 65,242 shares; 2026Q1: 66,887 shares 66,887$5.81M2.58%+1,645Timeline
CBNKCAPITAL BANCORP INC MDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 197,293 shares; 2024Q4: 190,345 shares; 2025Q1: 193,321 shares; 2025Q2: 193,321 shares; 2025Q3: 191,796 shares; 2025Q4: 184,880 shares; 2026Q1: 189,845 shares 189,845$5.65M2.51%+4,965Timeline
KOSKOSMOS ENERGY LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 713,316 shares; 2024Q4: 874,684 shares; 2025Q1: 988,184 shares; 2025Q2: 1,364,387 shares; 2025Q3: 1,551,030 shares; 2025Q4: 1,820,744 shares; 2026Q1: 2,028,059 shares 2,028,059$5.64M2.51%+207,315Timeline
AGMFEDERAL AGRIC MTG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 36,713 shares; 2024Q4: 35,432 shares; 2025Q1: 35,981 shares; 2025Q2: 35,981 shares; 2025Q3: 36,258 shares; 2025Q4: 34,977 shares; 2026Q1: 37,592 shares 37,592$5.58M2.48%+2,615Timeline
PATKPATRICK INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 33,539 shares; 2024Q4: 48,613 shares; 2025Q1: 49,342 shares; 2025Q2: 49,342 shares; 2025Q3: 50,245 shares; 2025Q4: 48,544 shares; 2026Q1: 49,759 shares 49,759$5.53M2.46%+1,215Timeline
LSTRLANDSTAR SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 24,909 shares; 2024Q4: 24,082 shares; 2025Q1: 24,439 shares; 2025Q2: 26,965 shares; 2025Q3: 34,579 shares; 2025Q4: 33,424 shares; 2026Q1: 34,249 shares 34,249$5.49M2.44%+825Timeline
GEOGEO GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 320,366 shares; 2024Q4: 172,938 shares; 2025Q1: 175,602 shares; 2025Q2: 175,602 shares; 2025Q3: 180,931 shares; 2025Q4: 257,858 shares; 2026Q1: 320,748 shares 320,748$5.39M2.4%+62,890Timeline
CNRCORE NATURAL RESOURCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 49,711 shares; 2025Q2: 49,711 shares; 2025Q3: 51,403 shares; 2025Q4: 49,695 shares; 2026Q1: 50,920 shares 50,920$5.33M2.37%+1,225Timeline
BCOBRINKS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 35,238 shares; 2024Q4: 39,360 shares; 2025Q1: 50,502 shares; 2025Q2: 50,506 shares; 2025Q3: 51,249 shares; 2025Q4: 49,506 shares; 2026Q1: 51,249 shares 51,249$5.31M2.36%+1,743Timeline
TEXTEREX CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 44,775 shares; 2025Q1: 45,450 shares; 2025Q2: 54,650 shares; 2025Q3: 85,795 shares; 2025Q4: 83,054 shares; 2026Q1: 85,144 shares 85,144$5.03M2.24%+2,090Timeline
EPSNEPSILON ENERGY LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 402,541 shares; 2024Q4: 396,829 shares; 2025Q1: 402,901 shares; 2025Q2: 402,901 shares; 2025Q3: 554,727 shares; 2025Q4: 794,322 shares; 2026Q1: 814,322 shares 814,322$5.02M2.23%+20,000Timeline
GPGIGPGI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 154,474 shares; 2024Q4: 189,500 shares; 2025Q1: 286,594 shares; 2025Q2: 288,948 shares; 2025Q3: 293,311 shares; 2025Q4: 283,203 shares; 2026Q1: 290,423 shares 290,423$4.97M2.21%+7,220Timeline
BELFBBEL FUSE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 70,734 shares; 2024Q4: 68,334 shares; 2025Q1: 69,366 shares; 2025Q2: 69,366 shares; 2025Q3: 51,080 shares; 2025Q4: 42,008 shares; 2026Q1: 23,727 shares 23,727$4.7M2.09%-18,281Timeline
MTUSMETALLUS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 140,015 shares; 2025Q1: 284,962 shares; 2025Q2: 285,302 shares; 2025Q3: 289,317 shares; 2025Q4: 279,412 shares; 2026Q1: 286,487 shares 286,487$4.68M2.08%+7,075Timeline
KNKNOWLES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 172,005 shares; 2024Q4: 166,916 shares; 2025Q1: 169,103 shares; 2025Q2: 169,103 shares; 2025Q3: 172,447 shares; 2025Q4: 167,337 shares; 2026Q1: 170,987 shares 170,987$4.39M1.95%+3,650Timeline
CRTOCRITEO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 187,850 shares; 2025Q4: 181,678 shares; 2026Q1: 233,538 shares 233,538$4.19M1.86%+51,860Timeline
EXPEAGLE MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 21,941 shares; 2024Q4: 21,234 shares; 2025Q1: 21,537 shares; 2025Q2: 21,537 shares; 2025Q3: 22,180 shares; 2025Q4: 21,473 shares; 2026Q1: 21,978 shares 21,978$4.16M1.85%+505Timeline
MLIMUELLER INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 30,239 shares; 2025Q4: 29,210 shares; 2026Q1: 37,339 shares 37,339$4.14M1.84%+8,129Timeline
CCSICONSENSUS CLOUD SOLUTIONS INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 30,464 shares; 2025Q1: 116,744 shares; 2025Q2: 117,935 shares; 2025Q3: 120,457 shares; 2025Q4: 116,355 shares; 2026Q1: 166,085 shares 166,085$3.94M1.75%+49,730Timeline
MTGMGIC INVT CORP WISQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 276,606 shares; 2024Q4: 227,745 shares; 2025Q1: 231,174 shares; 2025Q2: 147,553 shares; 2025Q3: 150,918 shares; 2025Q4: 145,808 shares; 2026Q1: 149,458 shares 149,458$3.92M1.75%+3,650Timeline
EPREPR PPTYSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 75,810 shares; 2024Q4: 73,282 shares; 2025Q1: 74,368 shares; 2025Q2: 74,368 shares; 2025Q3: 76,343 shares; 2025Q4: 73,802 shares; 2026Q1: 75,617 shares 75,617$3.78M1.68%+1,815Timeline
ATNIATN INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 126,727 shares; 2025Q4: 122,408 shares; 2026Q1: 137,593 shares 137,593$3.75M1.67%+15,185Timeline
COLLCOLLEGIUM PHARMACEUTICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 87,206 shares; 2025Q3: 114,315 shares; 2025Q4: 110,443 shares; 2026Q1: 113,223 shares 113,223$3.74M1.67%+2,780Timeline
HLMNHILLMAN SOLUTIONS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 377,510 shares; 2025Q1: 383,198 shares; 2025Q2: 424,790 shares; 2025Q3: 434,191 shares; 2025Q4: 419,645 shares; 2026Q1: 445,835 shares 445,835$3.71M1.65%+26,190Timeline
GSMFERROGLOBE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 589,053 shares; 2024Q4: 739,945 shares; 2025Q1: 807,411 shares; 2025Q2: 848,087 shares; 2025Q3: 878,576 shares; 2025Q4: 849,162 shares; 2026Q1: 870,172 shares 870,172$3.59M1.6%+21,010Timeline
IRMDIRADIMED CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 41,708 shares; 2024Q4: 40,320 shares; 2025Q1: 40,914 shares; 2025Q2: 40,914 shares; 2025Q3: 37,455 shares; 2025Q4: 36,237 shares; 2026Q1: 37,107 shares 37,107$3.57M1.59%+870Timeline
BLCOBAUSCH PLUS LOMB CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 221,323 shares; 2024Q4: 213,987 shares; 2025Q1: 217,131 shares; 2025Q2: 217,131 shares; 2025Q3: 221,662 shares; 2025Q4: 214,326 shares; 2026Q1: 219,566 shares 219,566$3.49M1.55%+5,240Timeline
OZKBANK OZK LITTLE ROCK ARKQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 51,620 shares; 2025Q3: 68,830 shares; 2025Q4: 66,605 shares; 2026Q1: 72,305 shares 72,305$3.32M1.48%+5,700Timeline
BRKRBRUKER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 52,800 shares; 2025Q3: 69,364 shares; 2025Q4: 67,082 shares; 2026Q1: 90,564 shares 90,564$3.27M1.46%+23,482Timeline
GGENPACT LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 74,418 shares; 2024Q4: 74,256 shares; 2025Q1: 75,384 shares; 2025Q2: 75,384 shares; 2025Q3: 78,312 shares; 2025Q4: 75,680 shares; 2026Q1: 83,112 shares 83,112$3.1M1.38%+7,432Timeline
RCMTRCM TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 138,439 shares; 2024Q4: 135,146 shares; 2025Q1: 137,165 shares; 2025Q2: 138,511 shares; 2025Q3: 139,859 shares; 2025Q4: 135,085 shares; 2026Q1: 160,995 shares 160,995$3.08M1.37%+25,910Timeline
CBTCABOT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 28,532 shares; 2025Q3: 29,422 shares; 2025Q4: 28,435 shares; 2026Q1: 40,746 shares 40,746$3.07M1.37%+12,311Timeline
IPGPIPG PHOTONICS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 34,716 shares; 2024Q4: 34,261 shares; 2025Q1: 34,744 shares; 2025Q2: 34,744 shares; 2025Q3: 34,941 shares; 2025Q4: 33,814 shares; 2026Q1: 26,119 shares 26,119$2.99M1.33%-7,695Timeline
DCIDONALDSON INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 34,860 shares; 2025Q3: 35,453 shares; 2025Q4: 34,242 shares; 2026Q1: 35,107 shares 35,107$2.98M1.33%+865Timeline
PHINPHINIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 140,269 shares; 2024Q4: 135,481 shares; 2025Q1: 41,410 shares; 2025Q2: 41,410 shares; 2025Q3: 42,557 shares; 2025Q4: 41,122 shares; 2026Q1: 42,147 shares 42,147$2.88M1.28%+1,025Timeline
IMKTAINGLES MKTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 30,904 shares; 2025Q1: 31,363 shares; 2025Q2: 31,669 shares; 2025Q3: 32,268 shares; 2025Q4: 31,183 shares; 2026Q1: 31,958 shares 31,958$2.87M1.28%+775Timeline
ASIXADVANSIX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 106,734 shares; 2026Q1: 117,124 shares 117,124$2.86M1.27%+10,390Timeline
GBTGGLOBAL BUSINESS TRAVEL GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 405,298 shares; 2024Q4: 392,366 shares; 2025Q1: 397,922 shares; 2025Q2: 397,922 shares; 2025Q3: 505,999 shares; 2025Q4: 489,519 shares; 2026Q1: 501,344 shares 501,344$2.8M1.24%+11,825Timeline
QDELQUIDELORTHO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 25,432 shares; 2024Q4: 24,815 shares; 2025Q1: 25,190 shares; 2025Q2: 25,190 shares; 2025Q3: 80,019 shares; 2025Q4: 98,775 shares; 2026Q1: 145,960 shares 145,960$2.4M1.07%+47,185Timeline
CASSCASS INFORMATION SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 112,815 shares; 2024Q4: 107,610 shares; 2025Q1: 100,959 shares; 2025Q2: 90,106 shares; 2025Q3: 51,759 shares; 2025Q4: 50,009 shares; 2026Q1: 51,269 shares 51,269$2.26M1%+1,260Timeline
EXTREXTREME NETWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 142,362 shares; 2024Q4: 137,716 shares; 2025Q1: 139,702 shares; 2025Q2: 141,026 shares; 2025Q3: 141,008 shares; 2025Q4: 136,318 shares; 2026Q1: 139,668 shares 139,668$2.11M0.94%+3,350Timeline
SPSCSPS COMM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 37,400 shares 37,400$2.08M0.93%newTimeline
TRIPTRIPADVISOR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 184,186 shares; 2024Q4: 178,023 shares; 2025Q1: 180,672 shares; 2025Q2: 180,672 shares; 2025Q3: 185,181 shares; 2025Q4: 178,993 shares; 2026Q1: 183,413 shares 183,413$1.96M0.87%+4,420Timeline
AMRALPHA METALLURGICAL RESOUR IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 2,889 shares; 2024Q4: 2,889 shares; 2025Q1: 2,889 shares; 2025Q2: 2,889 shares; 2025Q3: 6,338 shares; 2025Q4: 6,338 shares; 2026Q1: 7,738 shares 7,738$1.59M0.71%+1,400Timeline

Sold out in Q1 2026

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
RHLDRESOLUTE HLDGS MGMT INC15,869$3.25Mshares

How Q1 2026 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001998389-26-000002 base2026-05-07acceptance time not in the bulk data set