Ballast Asset Management, LP Diversified Active

CIK: 0001998389 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 9, 2026

Total Value ($000): $211,701 (100.0% shares, 0.0% debt)

Holdings (52)

New Positions (1)

Value ($000) $1,846 Shares 106,734 Est. Cost $17.36 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ASIX	ADVANSIX INC	106,734	$1,846	0.9%	$17.36	0.0%	COM	00773T101

Increased Positions (4)

KOS KOSMOS ENERGY LTD 0.8%

Value ($000) $1,652 (-35.8%) Shares 1,820,744 (+17.4%) Est. Cost $3.76 Unrealized -65.0%

EPSN EPSILON ENERGY LTD 1.7%

Value ($000) $3,686 (+31.8%) Shares 794,322 (+43.2%) Est. Cost $5.07 Unrealized -6.0%

QDEL QUIDELORTHO CORP 1.3%

Value ($000) $2,821 (+19.7%) Shares 98,775 (+23.4%) Est. Cost $37.90 Unrealized -28.5%

GEO GEO GROUP INC NEW 2.0%

Value ($000) $4,157 (+12.1%) Shares 257,858 (+42.5%) Est. Cost $13.82 Unrealized +20.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KOS	KOSMOS ENERGY LTD	1,820,744 (+17.4%)	$1,652 (-35.8%)	0.8%	$3.76	-65.0%	COM	500688106
EPSN	EPSILON ENERGY LTD	794,322 (+43.2%)	$3,686 (+31.8%)	1.7%	$5.07	-6.0%	COM	294375209
QDEL	QUIDELORTHO CORP	98,775 (+23.4%)	$2,821 (+19.7%)	1.3%	$37.90	-28.5%	COM	219798105
GEO	GEO GROUP INC NEW	257,858 (+42.5%)	$4,157 (+12.1%)	2.0%	$13.82	+20.6%	COM	36162J106

Exited Positions (3)

DOX AMDOCS LTD 0.9%

Value ($000) $1,928 Shares 23,493 Est. Cost $83.47 Unrealized -4.3%

CRMT AMERICAS CAR-MART INC 0.7%

Value ($000) $1,488 Shares 50,949 Est. Cost $89.04 Unrealized -73.0%

BIOX BIOCERES CROP SOLUTIONS CORP 0.5%

Value ($000) $1,048 Shares 745,030 Est. Cost $7.61 Unrealized -79.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DOX	AMDOCS LTD	23,493	$1,928	0.9%	$83.47	-4.3%	—	G02602103
CRMT	AMERICAS CAR-MART INC	50,949	$1,488	0.7%	$89.04	-73.0%	—	03062T105
BIOX	BIOCERES CROP SOLUTIONS CORP	745,030	$1,048	0.5%	$7.61	-79.0%	—	G1117K114

Decreased Positions (46)

CLMB CLIMB GLOBAL SOLUTIONS INC 3.7%

Value ($000) $7,900 (-26.6%) Shares 76,857 (-3.7%) Est. Cost $47.71 Unrealized +143.1%

RHLD RESOLUTE HLDGS MGMT INC 1.5%

Value ($000) $3,250 (+177.2%) Shares 15,869 (-3.3%) Est. Cost $36.40 Unrealized +306.4%

SEI SOLARIS ENERGY INFRAS INC 2.5%

Value ($000) $5,196 (-28.5%) Shares 113,026 (-37.8%) Est. Cost $9.21 Unrealized +424.5%

COLL COLLEGIUM PHARMACEUTICAL INC 2.4%

Value ($000) $5,114 (+27.8%) Shares 110,443 (-3.4%) Est. Cost $30.00 Unrealized +39.4%

CCSI CONSENSUS CLOUD SOLUTIONS IN 1.2%

Value ($000) $2,539 (-28.2%) Shares 116,355 (-3.4%) Est. Cost $25.10 Unrealized -1.9%

RCMT RCM TECHNOLOGIES INC 1.3%

Value ($000) $2,762 (-25.6%) Shares 135,085 (-3.4%) Est. Cost $21.64 Unrealized -0.8%

CBNK CAPITAL BANCORP INC MD 2.5%

Value ($000) $5,208 (-14.9%) Shares 184,880 (-3.6%) Est. Cost $19.43 Unrealized +46.9%

BRKR BRUKER CORP 1.5%

Value ($000) $3,160 (+40.2%) Shares 67,082 (-3.3%) Est. Cost $37.78 Unrealized +11.8%

ATNI ATN INTL INC 1.3%

Value ($000) $2,791 (+47.1%) Shares 122,408 (-3.4%) Est. Cost $16.04 Unrealized +14.1%

IRMD IRADIMED CORP 1.7%

Value ($000) $3,525 (+32.3%) Shares 36,237 (-3.3%) Est. Cost $43.42 Unrealized +96.6%

EPR EPR PPTYS 1.7%

Value ($000) $3,683 (-16.8%) Shares 73,802 (-3.3%) Est. Cost $44.03 Unrealized —

EXP EAGLE MATLS INC 2.1%

Value ($000) $4,438 (-14.1%) Shares 21,473 (-3.2%) Est. Cost $185.16 Unrealized +19.1%

GPGI COMPOSECURE INC 2.6%

Value ($000) $5,460 (-10.6%) Shares 283,203 (-3.4%) Est. Cost $10.37 Unrealized +92.4%

EXTR EXTREME NETWORKS 1.1%

Value ($000) $2,270 (-22.1%) Shares 136,318 (-3.3%) Est. Cost $22.32 Unrealized -17.7%

LSTR LANDSTAR SYS INC 2.3%

Value ($000) $4,803 (+13.3%) Shares 33,424 (-3.3%) Est. Cost $166.16 Unrealized —

CRTO CRITEO S A 1.8%

Value ($000) $3,744 (-11.8%) Shares 181,678 (-3.3%) Est. Cost $22.60 Unrealized —

OZK BANK OZK LITTLE ROCK ARK 1.4%

Value ($000) $3,065 (-12.6%) Shares 66,605 (-3.2%) Est. Cost $44.40 Unrealized +4.2%

KN KNOWLES CORP 1.7%

Value ($000) $3,586 (-10.8%) Shares 167,337 (-3.0%) Est. Cost $16.22 Unrealized +40.5%

NRP NATURAL RESOURCE PARTNERS L 3.6%

Value ($000) $7,538 (-5.4%) Shares 72,207 (-4.8%) Est. Cost $81.86 Unrealized —

TRIP TRIPADVISOR INC 1.2%

Value ($000) $2,606 (-13.4%) Shares 178,993 (-3.3%) Est. Cost $18.86 Unrealized -19.3%

TPB TURNING PT BRANDS INC 3.3%

Value ($000) $7,072 (+5.9%) Shares 65,242 (-3.4%) Est. Cost $38.54 Unrealized +153.7%

RGLD ROYAL GOLD INC 2.7%

Value ($000) $5,714 (+7.0%) Shares 25,707 (-3.4%) Est. Cost $146.98 Unrealized +35.0%

ECVT ECOVYST INC 2.5%

Value ($000) $5,262 (+7.2%) Shares 540,845 (-3.4%) Est. Cost $8.91 Unrealized -2.1%

CBT CABOT CORP 0.9%

Value ($000) $1,885 (-15.8%) Shares 28,435 (-3.4%) Est. Cost $75.30 Unrealized -12.0%

HLMN HILLMAN SOLUTIONS CORP 1.7%

Value ($000) $3,634 (-8.8%) Shares 419,645 (-3.4%) Est. Cost $10.34 Unrealized -12.8%

IPGP IPG PHOTONICS CORP 1.1%

Value ($000) $2,421 (-12.5%) Shares 33,814 (-3.2%) Est. Cost $100.11 Unrealized -18.5%

GBTG GLOBAL BUSINESS TRAVEL GROUP 1.8%

Value ($000) $3,745 (-8.4%) Shares 489,519 (-3.3%) Est. Cost $6.44 Unrealized +20.3%

BLCO BAUSCH PLUS LOMB CORP 1.7%

Value ($000) $3,663 (+9.6%) Shares 214,326 (-3.3%) Est. Cost $17.44 Unrealized -9.1%

AZZ AZZ INC 2.8%

Value ($000) $5,862 (-5.1%) Shares 54,692 (-3.4%) Est. Cost $45.99 Unrealized +124.9%

MLI MUELLER INDS INC 1.6%

Value ($000) $3,353 (+9.7%) Shares 29,210 (-3.4%) Est. Cost $91.43 Unrealized +17.4%

G GENPACT LIMITED 1.7%

Value ($000) $3,540 (+7.9%) Shares 75,680 (-3.4%) Est. Cost $35.47 Unrealized +21.9%

BCO BRINKS CO 2.7%

Value ($000) $5,779 (-3.5%) Shares 49,506 (-3.4%) Est. Cost $93.34 Unrealized +22.2%

MBIN MERCHANTS BANCORP IND 2.1%

Value ($000) $4,540 (+3.5%) Shares 133,296 (-3.3%) Est. Cost $32.34 Unrealized +1.3%

DCI DONALDSON INC 1.4%

Value ($000) $3,036 (+4.6%) Shares 34,242 (-3.4%) Est. Cost $66.49 Unrealized +30.0%

PHIN PHINIA INC 1.2%

Value ($000) $2,578 (+5.4%) Shares 41,122 (-3.4%) Est. Cost $27.84 Unrealized +98.0%

CVCO CAVCO INDS INC DEL 3.3%

Value ($000) $6,978 (-1.8%) Shares 11,812 (-3.5%) Est. Cost $313.46 Unrealized +80.7%

CNR CORE NATURAL RESOURCES INC 2.1%

Value ($000) $4,399 (+2.5%) Shares 49,695 (-3.3%) Est. Cost $83.75 Unrealized +1.7%

IMKTA INGLES MKTS INC 1.0%

Value ($000) $2,138 (-4.8%) Shares 31,183 (-3.4%) Est. Cost $66.38 Unrealized +9.2%

BELFB BEL FUSE INC 3.4%

Value ($000) $7,126 (-1.1%) Shares 42,008 (-17.8%) Est. Cost $62.52 Unrealized +149.8%

PATK PATRICK INDS INC 2.5%

Value ($000) $5,264 (+1.3%) Shares 48,544 (-3.4%) Est. Cost $76.39 Unrealized +37.0%

GSM FERROGLOBE PLC 1.9%

Value ($000) $3,940 (-1.4%) Shares 849,162 (-3.3%) Est. Cost $4.79 Unrealized -3.8%

AGM FEDERAL AGRIC MTG CORP 2.9%

Value ($000) $6,141 (+0.8%) Shares 34,977 (-3.5%) Est. Cost $154.87 Unrealized +7.9%

CASS CASS INFORMATION SYS INC 1.0%

Value ($000) $2,076 (+2.0%) Shares 50,009 (-3.4%) Est. Cost $37.29 Unrealized +8.6%

TEX TEREX CORP NEW 2.1%

Value ($000) $4,433 (+0.7%) Shares 83,054 (-3.2%) Est. Cost $50.52 Unrealized -0.0%

MTG MGIC INVT CORP WIS 2.0%

Value ($000) $4,261 (-0.5%) Shares 145,808 (-3.4%) Est. Cost $17.96 Unrealized +56.3%

MTUS METALLUS INC 2.3%

Value ($000) $4,795 (+0.3%) Shares 279,412 (-3.4%) Est. Cost $14.84 Unrealized +15.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CLMB	CLIMB GLOBAL SOLUTIONS INC	76,857 (-3.7%)	$7,900 (-26.6%)	3.7%	$47.71	+143.1%	COM	946760105
RHLD	RESOLUTE HLDGS MGMT INC	15,869 (-3.3%)	$3,250 (+177.2%)	1.5%	$36.40	+306.4%	COM	76134H101
SEI	SOLARIS ENERGY INFRAS INC	113,026 (-37.8%)	$5,196 (-28.5%)	2.5%	$9.21	+424.5%	COM CL A	83418M103
COLL	COLLEGIUM PHARMACEUTICAL INC	110,443 (-3.4%)	$5,114 (+27.8%)	2.4%	$30.00	+39.4%	COM	19459J104
CCSI	CONSENSUS CLOUD SOLUTIONS IN	116,355 (-3.4%)	$2,539 (-28.2%)	1.2%	$25.10	-1.9%	COM	20848V105
RCMT	RCM TECHNOLOGIES INC	135,085 (-3.4%)	$2,762 (-25.6%)	1.3%	$21.64	-0.8%	COM NEW	749360400
CBNK	CAPITAL BANCORP INC MD	184,880 (-3.6%)	$5,208 (-14.9%)	2.5%	$19.43	+46.9%	COM	139737100
BRKR	BRUKER CORP	67,082 (-3.3%)	$3,160 (+40.2%)	1.5%	$37.78	+11.8%	COM	116794108
ATNI	ATN INTL INC	122,408 (-3.4%)	$2,791 (+47.1%)	1.3%	$16.04	+14.1%	COM	00215F107
IRMD	IRADIMED CORP	36,237 (-3.3%)	$3,525 (+32.3%)	1.7%	$43.42	+96.6%	COM	46266A109
EPR	EPR PPTYS	73,802 (-3.3%)	$3,683 (-16.8%)	1.7%	$44.03	—	COM SH BEN INT	26884U109
EXP	EAGLE MATLS INC	21,473 (-3.2%)	$4,438 (-14.1%)	2.1%	$185.16	+19.1%	COM	26969P108
GPGI	COMPOSECURE INC	283,203 (-3.4%)	$5,460 (-10.6%)	2.6%	$10.37	+92.4%	COM CL A	20459V105
EXTR	EXTREME NETWORKS	136,318 (-3.3%)	$2,270 (-22.1%)	1.1%	$22.32	-17.7%	COM	30226D106
LSTR	LANDSTAR SYS INC	33,424 (-3.3%)	$4,803 (+13.3%)	2.3%	$166.16	—	COM	515098101
CRTO	CRITEO S A	181,678 (-3.3%)	$3,744 (-11.8%)	1.8%	$22.60	—	SPONS ADS	226718104
OZK	BANK OZK LITTLE ROCK ARK	66,605 (-3.2%)	$3,065 (-12.6%)	1.4%	$44.40	+4.2%	COM	06417N103
KN	KNOWLES CORP	167,337 (-3.0%)	$3,586 (-10.8%)	1.7%	$16.22	+40.5%	COM	49926D109
NRP	NATURAL RESOURCE PARTNERS L	72,207 (-4.8%)	$7,538 (-5.4%)	3.6%	$81.86	—	COM UNIT LTD PAR	63900P608
TRIP	TRIPADVISOR INC	178,993 (-3.3%)	$2,606 (-13.4%)	1.2%	$18.86	-19.3%	COM	896945201
TPB	TURNING PT BRANDS INC	65,242 (-3.4%)	$7,072 (+5.9%)	3.3%	$38.54	+153.7%	COM	90041L105
RGLD	ROYAL GOLD INC	25,707 (-3.4%)	$5,714 (+7.0%)	2.7%	$146.98	+35.0%	COM	780287108
ECVT	ECOVYST INC	540,845 (-3.4%)	$5,262 (+7.2%)	2.5%	$8.91	-2.1%	COM	27923Q109
CBT	CABOT CORP	28,435 (-3.4%)	$1,885 (-15.8%)	0.9%	$75.30	-12.0%	COM	127055101
HLMN	HILLMAN SOLUTIONS CORP	419,645 (-3.4%)	$3,634 (-8.8%)	1.7%	$10.34	-12.8%	COM	431636109
IPGP	IPG PHOTONICS CORP	33,814 (-3.2%)	$2,421 (-12.5%)	1.1%	$100.11	-18.5%	COM	44980X109
GBTG	GLOBAL BUSINESS TRAVEL GROUP	489,519 (-3.3%)	$3,745 (-8.4%)	1.8%	$6.44	+20.3%	COM CL A	37890B100
BLCO	BAUSCH PLUS LOMB CORP	214,326 (-3.3%)	$3,663 (+9.6%)	1.7%	$17.44	-9.1%	COMMON SHARES	071705107
AZZ	AZZ INC	54,692 (-3.4%)	$5,862 (-5.1%)	2.8%	$45.99	+124.9%	COM	002474104
MLI	MUELLER INDS INC	29,210 (-3.4%)	$3,353 (+9.7%)	1.6%	$91.43	+17.4%	COM	624756102
G	GENPACT LIMITED	75,680 (-3.4%)	$3,540 (+7.9%)	1.7%	$35.47	+21.9%	SHS	G3922B107
BCO	BRINKS CO	49,506 (-3.4%)	$5,779 (-3.5%)	2.7%	$93.34	+22.2%	COM	109696104
MBIN	MERCHANTS BANCORP IND	133,296 (-3.3%)	$4,540 (+3.5%)	2.1%	$32.34	+1.3%	COM	58844R108
DCI	DONALDSON INC	34,242 (-3.4%)	$3,036 (+4.6%)	1.4%	$66.49	+30.0%	COM	257651109
PHIN	PHINIA INC	41,122 (-3.4%)	$2,578 (+5.4%)	1.2%	$27.84	+98.0%	COMMON STOCK	71880K101
CVCO	CAVCO INDS INC DEL	11,812 (-3.5%)	$6,978 (-1.8%)	3.3%	$313.46	+80.7%	COM	149568107
CNR	CORE NATURAL RESOURCES INC	49,695 (-3.3%)	$4,399 (+2.5%)	2.1%	$83.75	+1.7%	COM SHS	218937100
IMKTA	INGLES MKTS INC	31,183 (-3.4%)	$2,138 (-4.8%)	1.0%	$66.38	+9.2%	CL A	457030104
BELFB	BEL FUSE INC	42,008 (-17.8%)	$7,126 (-1.1%)	3.4%	$62.52	+149.8%	CL B	077347300
PATK	PATRICK INDS INC	48,544 (-3.4%)	$5,264 (+1.3%)	2.5%	$76.39	+37.0%	COM	703343103
GSM	FERROGLOBE PLC	849,162 (-3.3%)	$3,940 (-1.4%)	1.9%	$4.79	-3.8%	SHS	G33856108
AGM	FEDERAL AGRIC MTG CORP	34,977 (-3.5%)	$6,141 (+0.8%)	2.9%	$154.87	+7.9%	CL C	313148306
CASS	CASS INFORMATION SYS INC	50,009 (-3.4%)	$2,076 (+2.0%)	1.0%	$37.29	+8.6%	COM	14808P109
TEX	TEREX CORP NEW	83,054 (-3.2%)	$4,433 (+0.7%)	2.1%	$50.52	-0.0%	COM	880779103
MTG	MGIC INVT CORP WIS	145,808 (-3.4%)	$4,261 (-0.5%)	2.0%	$17.96	+56.3%	COM	552848103
MTUS	METALLUS INC	279,412 (-3.4%)	$4,795 (+0.3%)	2.3%	$14.84	+15.5%	COM	887399103

Unchanged Positions (1)

AMR ALPHA METALLURGICAL RESOUR I 0.6%

Value ($000) $1,267 Shares 6,338 Est. Cost $195.33 Unrealized -11.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMR	ALPHA METALLURGICAL RESOUR I	6,338	$1,267	0.6%	$195.33	-11.5%	COM	020764106