Form 13-F position report

LANDSTAR SYSTEM INC

Reported by Ballast Asset Management LP

LSTR CUSIP 515098101 Manager CIK 0001998389

Reported 24,082 shares, down 827 (3.3%) from the prior quarter.

Reported value -12.0%; share count -3.3% vs. the prior quarter.

Reduced
% of reported 13F value 2.05% This manager · Q4 2024
Shares 24,082 Quarter-end amount reported
Reported value $4,138,733 Fair value at quarter end
Consecutive quarters held 6 Through Q4 2024

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Reported position value by quarter
Date Holding Value
2023-09-30 2672502
2023-12-31 4183808
2024-03-31 4574002
2024-06-30 4660519
2024-09-30 4704563
2024-12-31 4138733
2025-03-31 3670738
2025-06-30 3748674
2025-09-30 4238002
2025-12-31 4803029
2026-03-31 5490457
2026-06-30 7014788

Quarterly position history

How this manager's reported quarter-end position changed over time.

12 quarters
Quarterly reported position history for LANDSTAR SYSTEM INC held by Ballast Asset Management LP.
Quarter Activity Shares Change % of reported 13F Reported value Filed Source filing
Q2 2026 Reduced 33,919 -330 (-1.0%) 2.8% $7,014,788 2026-08-13
Q1 2026 Added 34,249 +825 (2.5%) 2.44% $5,490,457 2026-05-07
Q4 2025 Reduced 33,424 -1,155 (-3.3%) 2.27% $4,803,029 2026-02-09
Q3 2025 Added 34,579 +7,614 (28.2%) 1.93% $4,238,002 2025-11-04
Q2 2025 Added 26,965 +2,526 (10.3%) 1.95% $3,748,674 2025-08-13
Q1 2025 Added 24,439 +357 (1.5%) 1.93% $3,670,738 2025-05-13
Q4 2024 Reduced 24,082 -827 (-3.3%) 2.05% $4,138,733 2025-02-12
Q3 2024 Reduced 24,909 -354 (-1.4%) 2.4% $4,704,563 2024-11-14
Q2 2024 Added 25,263 +1,534 (6.5%) 2.53% $4,660,519 2024-08-14
Q1 2024 Added 23,729 +2,124 (9.8%) 2.48% $4,574,002 2024-05-15
Q4 2023 Added 21,605 +6,501 (43.0%) 2.66% $4,183,808 2024-02-14
Q3 2023 New 15,104 +15,104 (0.0%) 2.48% $2,672,502 2023-11-13

Who else reported the position

515 managers reported LANDSTAR SYSTEM INC for Q4 2024.

Managers reporting LANDSTAR SYSTEM INC in Q4 2024.
Manager Activity Shares Change % of reported 13F Reported value Tenure
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Added 3,764,603 +521,695 1.49% $646,984,692 47 qtrs
VANGUARD GROUP INC Reduced 3,344,369 -56,917 0.01% $574,763,257 47 qtrs
BlackRock Inc Added 3,198,330 +60,602 0.01% $549,664,999 2 qtrs
MORGAN STANLEY Added 3,186,128 +139,990 0.04% $547,568,782 47 qtrs
VICTORY CAPITAL MANAGEMENT INC Added 1,621,511 +11,146 0.27% $278,672,803 30 qtrs
Boston Partners Reduced 1,463,868 -118,287 0.31% $251,610,388 23 qtrs
STATE STREET CORPORATION Added 1,157,515 +39,658 < 0.01% $198,930,528 47 qtrs
GEODE CAPITAL MANAGEMENT LLC Added 817,938 +4,392 0.01% $140,602,173 47 qtrs
NORTHERN TRUST CORPORATION Added 672,779 +90,672 0.02% $115,623,799 47 qtrs
T Rowe Price Investment Management Inc Reduced 646,977 -250,320 0.07% $111,190,000 10 qtrs
Premium adds each manager's conviction percentile across reporting peers.
Filing details and methodology As reported
Report period
December 31, 2024
Filed
February 12, 2025
Filing type
13F-HR
Position type
COM

Voting authority reported

Sole
24,082
Shared
0
None
0

“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.