Latest Ballast Asset Management, LP Stock Portfolio
$184Million– No. of Holdings #51
Ballast Asset Management, LP Performance:
2024 Q2: -5.28%YTD: -2.68%
Performance for 2024 Q2 is -5.28%, and YTD is -2.68%.
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 $184.3 Millions as of 30 Jun, 2024.
The top stock holdings of Ballast Asset Management, LP are NRP, AGM, WSTG. The fund has invested 4.1% of it's portfolio in NATURAL RESOURCE PARTNERS L and 3.7% of portfolio in FEDERAL AGRIC MTG CORP.
The fund managers got completely rid off SPDR SER TR (BIL) stocks. They significantly reduced their stock positions in LAMAR ADVERTISING CO NEW (LAMR), NORTHERN TECHNOLOGIES INTL C (NTIC) and EAGLE MATLS INC (EXP). Ballast Asset Management, LP opened new stock positions in BRINKS CO (BCO). The fund showed a lot of confidence in some stocks as they added substantially to BEL FUSE INC (BELFB), PATRICK INDS INC (PATK) and INTERNATIONAL MNY EXPRESS IN (IMXI).
The top stock holdings of Ballast Asset Management, LP are NRP, AGM, WSTG. The fund has invested 4.1% of it's portfolio in NATURAL RESOURCE PARTNERS L and 3.7% of portfolio in FEDERAL AGRIC MTG CORP.
The fund managers got completely rid off SPDR SER TR (BIL) stocks. They significantly reduced their stock positions in LAMAR ADVERTISING CO NEW (LAMR), NORTHERN TECHNOLOGIES INTL C (NTIC) and EAGLE MATLS INC (EXP). Ballast Asset Management, LP opened new stock positions in BRINKS CO (BCO). The fund showed a lot of confidence in some stocks as they added substantially to BEL FUSE INC (BELFB), PATRICK INDS INC (PATK) and INTERNATIONAL MNY EXPRESS IN (IMXI).
Ballast Asset Management, LP Equity Portfolio Value
Last Reported on: 14 Aug, 2024
Ballast Asset Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Ballast Asset Management, LP made a return of -5.28% in the last quarter. In trailing 12 months, it's portfolio return was 3.83%.
New Buys
| Ticker | $ Bought |
|---|---|
| brinks co | 3,688,040 |
New stocks bought by Ballast Asset Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| bel fuse inc | 305 |
| patrick inds inc | 117 |
| international mny express in | 30.65 |
| tripadvisor inc | 8.59 |
| extreme networks | 8.31 |
| natural resource partners l | 7.43 |
| climb global solutions inc | 7.24 |
| teradata corp del | 6.94 |
Additions to existing portfolio by Ballast Asset Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| lamar advertising co new | -93.99 |
| northern technologies intl c | -37.01 |
| eagle matls inc | -22.69 |
| azz inc | -2.78 |
| ufp technologies inc | -0.48 |
Ballast Asset Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| spdr ser tr | -807,840 |
Ballast Asset Management, LP got rid off the above stocks
Sector Distribution
Ballast Asset Management, LP has about 19.3% of it's holdings in Industrials sector.
| Sector | % |
|---|---|
| Industrials | 19.3 |
| Others | 14.8 |
| Technology | 13.5 |
| Energy | 12.6 |
| Consumer Cyclical | 10 |
| Financial Services | 9.2 |
| Basic Materials | 8.6 |
| Healthcare | 4.7 |
| 3.3 | |
| Consumer Defensive | 2.1 |
| 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 | 48.2 |
| SMALL-CAP | 26.4 |
| UNALLOCATED | 14.8 |
| MICRO-CAP | 5.8 |
| LARGE-CAP | 2.4 |
| NANO-CAP | 2.4 |
Stocks belong to which Index?
About 53.1% of the stocks held by Ballast Asset Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 51.4 |
| Others | 46.8 |
| S&P 500 | 1.7 |
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 51 stocks in it's portfolio. About 32.2% of the portfolio is in top 10 stocks. TRIP proved to be the most loss making stock for the portfolio. CEIX was the most profitable stock for Ballast Asset Management, LP last quarter.
Last Reported on: 14 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AGM | federal agric mtg corp | 3.66 | 37,262 | 6,737,720 | added | 6.78 | ||
| AMR | alpha metallurgical resour i | 0.44 | 2,889 | 809,469 | unchanged | 0.00 | ||
| ATKR | atkore inc | 1.69 | 23,047 | 3,109,730 | added | 6.64 | ||
| AZZ | azz inc | 3.13 | 74,752 | 5,774,590 | reduced | -2.78 | ||
| BCO | brinks co | 2.00 | 36,016 | 3,688,040 | new | |||
| BELFB | bel fuse inc | 2.54 | 71,766 | 4,682,010 | added | 305 | ||
| BIL | spdr ser tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BLCO | bausch plus lomb corp | 1.77 | 224,467 | 3,256,580 | added | 6.45 | ||
| BWA | borgwarner inc | 1.71 | 97,979 | 3,158,840 | added | 6.4 | ||
| CASS | cass information sys inc | 2.49 | 114,471 | 4,586,850 | added | 6.65 | ||
| CBNK | capital bancorp inc md | 2.23 | 200,269 | 4,105,520 | added | 6.88 | ||
| CEIX | consol energy inc new | 3.29 | 59,479 | 6,068,640 | added | 6.82 | ||
| CMP | compass minerals intl inc | 0.73 | 130,213 | 1,345,100 | added | 6.28 | ||
| CRMT | americas car-mart inc | 1.67 | 51,236 | 3,084,920 | added | 6.3 | ||
| CVCO | cavco inds inc del | 3.09 | 16,457 | 5,696,920 | added | 6.52 | ||
| ECVT | ecovyst inc | 1.49 | 305,531 | 2,739,780 | added | 6.12 | ||
| EPR | epr pptys | 1.75 | 76,896 | 3,228,090 | added | 6.48 | ||
| EPSN | epsilon energy ltd | 1.21 | 408,454 | 2,226,070 | added | 6.65 | ||
| EXP | eagle matls inc | 2.62 | 22,244 | 4,837,180 | reduced | -22.69 | ||
| EXTR | extreme networks | 1.05 | 144,348 | 1,941,480 | added | 8.31 | ||