Ballast Asset Management, LP
Annual return '25
+25.4%
SPY '25
+17.7%
Alpha
+7.7ptsvs SPY
Invested
$224.7M
Holdings
52
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 93%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$NRP
Natural Resource Partners, L.P.
Held since at least Q1 2024
4.1%
02
$ECVT
ECOVYST INC USD 0.01
Held since at least Q1 2024
3.2%
03
$AZZ
AZZ INC USD 1.0
Held since at least Q1 2024
3.1%
04
$RGLD
ROYAL GOLD INC USD 0.01
Held since at least Q1 2024
3.0%
05
$SEI
SOLARIS ENERGY INFRASTRUCTURE INC
Held since at least Q1 2024
2.9%
06
$CLMB
CLIMB GLOBAL SOLUTIONS INC USD 0.01
Held since at least Q1 2024
2.8%
07
$CVCO
CAVCO INDS INC DEL USD 0.01
Held since at least Q1 2024
2.6%
08
$MBIN
MERCHANTS BANCORP IND NPV
Held since at least Q1 2024
2.6%
09
$TPB
TURNING PT BRANDS INC USD 0.01
Held since at least Q1 2024
2.6%
10
$CBNK
CAPITAL BANCORP INC MD USD 0.01
Held since at least Q1 2024
2.5%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 15:11 UTC.