Latest Ballast Asset Management, LP Stock Portfolio

Ballast Asset Management, LP Performance:

2024 Q3: 7.12%YTD: 4.24%

Performance for 2024 Q3 is 7.12%, and YTD is 4.24%.

About Ballast Asset Management, LP and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Ballast Asset Management, LP reported an equity portfolio of $195.6 Millions as of 30 Sep, 2024.

The top stock holdings of Ballast Asset Management, LP are WSTG, NRP, MTG. The fund has invested 4.9% of it's portfolio in CLIMB GLOBAL SOLUTIONS INC and 4.2% of portfolio in NATURAL RESOURCE PARTNERS L.

The fund managers got completely rid off SPROUTS FMRS MKT INC (SFM), ATKORE INC (ATKR) and COMPASS MINERALS INTL INC (CMP) stocks. They significantly reduced their stock positions in RIMINI STR INC DEL (RMNI), NORTHERN TECHNOLOGIES INTL C (NTIC) and CONSOL ENERGY INC NEW (CEIX). Ballast Asset Management, LP opened new stock positions in TURNING PT BRANDS INC (TPB) and COMPOSECURE INC (CMPO). The fund showed a lot of confidence in some stocks as they added substantially to ECOVYST INC (ECVT), GENPACT LIMITED (G) and KOSMOS ENERGY LTD (KOS).

Ballast Asset Management, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Ballast Asset Management, LP made a return of 7.12% in the last quarter. In trailing 12 months, it's portfolio return was 11.43%.

New Buys

Ticker	$ Bought
turning pt brands inc	4,470,730
composecure inc	2,165,720

New stocks bought by Ballast Asset Management, LP

Additions

Ticker	% Inc.
ecovyst inc	60.35
genpact limited	39.42
kosmos energy ltd	27.95
rcm technologies inc	10.87
bioceres crop solutions corp	9.88
green plains inc	0.42
ipg photonics corp	0.42

Additions to existing portfolio by Ballast Asset Management, LP

Reductions

Ticker	% Reduced
rimini str inc del	-32.05
northern technologies intl c	-18.21
consol energy inc new	-14.85
brinks co	-2.16
natural resource partners l	-1.65
climb global solutions inc	-1.56
teradata corp del	-1.51
capital bancorp inc md	-1.49

Ballast Asset Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
compass minerals intl inc	-1,345,100
sprouts fmrs mkt inc	-3,950,260
atkore inc	-3,109,730
lamar advertising co new	-261,054

Ballast Asset Management, LP got rid off the above stocks

Sector Distribution

Ballast Asset Management, LP has about 18.3% of it's holdings in Industrials sector.

Sector	%
Industrials	18.3
Others	14.8
Energy	12.8
Technology	11.9
Consumer Cyclical	10.2
Financial Services	9.7
Basic Materials	7.6
Healthcare	5.5
	4.9
Consumer Defensive	2.3
Real Estate	1.9

Market Cap. Distribution

Ballast Asset Management, LP has about 2.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	45.8
SMALL-CAP	28.4
UNALLOCATED	14.8
MICRO-CAP	5.3
NANO-CAP	3.3
LARGE-CAP	2.4

Stocks belong to which Index?

About 51.5% of the stocks held by Ballast Asset Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	49.7
Others	48.5
S&P 500	1.8

Top 5 Winners (%)		%
WSTG	climb global solutions inc	58.1 %
PATK	patrick inds inc	52.1 %
SOI	solaris oilfield infrastruct	48.6 %
QDEL	quidelortho corp	37.1 %
BLCO	bausch plus lomb corp	32.8 %

Top 5 Winners ($)		$
WSTG	climb global solutions inc	3.6 M
SOI	solaris oilfield infrastruct	2.1 M
PATK	patrick inds inc	1.7 M
EXP	eagle matls inc	1.6 M
CVCO	cavco inds inc del	1.3 M

Top 5 Losers (%)		%
RMNI	rimini str inc del	-39.2 %
CRMT	americas car-mart inc	-29.9 %
NTIC	northern technologies intl c	-25.3 %
KOS	kosmos energy ltd	-25.3 %
TRIP	tripadvisor inc	-18.6 %

Top 5 Losers ($)		$
RMNI	rimini str inc del	-1.3 M
KOS	kosmos energy ltd	-1.0 M
CRMT	americas car-mart inc	-0.9 M
NTIC	northern technologies intl c	-0.7 M
ECVT	ecovyst inc	-0.7 M

Ballast Asset Management, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Ballast Asset Management, LP

Ballast Asset Management, LP has 49 stocks in it's portfolio. About 35.5% of the portfolio is in top 10 stocks. RMNI proved to be the most loss making stock for the portfolio. WSTG was the most profitable stock for Ballast Asset Management, LP last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AGM	federal agric mtg corp	3.52	36,713	6,880,380	reduced	-1.47

AMR	alpha metallurgical resour i	0.35	2,889	682,815	unchanged	0.00

ATKR	atkore inc	0.00	0.00	0.00	sold off	-100

AZZ	azz inc	3.11	73,660	6,085,050	reduced	-1.46

BCO	brinks co	2.08	35,238	4,074,920	reduced	-2.16

BELFB	bel fuse inc	2.84	70,734	5,553,330	reduced	-1.44

BLCO	bausch plus lomb corp	2.18	221,323	4,272,500	reduced	-1.4

BWA	borgwarner inc	1.79	96,611	3,506,010	reduced	-1.4

CASS	cass information sys inc	2.39	112,815	4,679,570	reduced	-1.45

CBNK	capital bancorp inc md	2.59	197,293	5,072,400	reduced	-1.49

CEIX	consol energy inc new	2.71	50,647	5,300,210	reduced	-14.85

CMP	compass minerals intl inc	0.00	0.00	0.00	sold off	-100

CMPO	composecure inc	1.11	154,474	2,165,720	new

CRMT	americas car-mart inc	1.08	50,531	2,118,260	reduced	-1.38

CVCO	cavco inds inc del	3.55	16,223	6,947,340	reduced	-1.42

ECVT	ecovyst inc	1.72	489,907	3,355,860	added	60.35

EPR	epr pptys	1.90	75,810	3,717,720	reduced	-1.41

EPSN	epsilon energy ltd	1.21	402,541	2,358,890	reduced	-1.45

EXP	eagle matls inc	3.23	21,941	6,311,330	reduced	-1.36

EXTR	extreme networks	1.09	142,362	2,139,700	reduced	-1.38