A ball bearing sleeve is used in a turbocharging device. The ball bearing sleeve has one or more ball bearings that are designed to control loads that are applied to the sleeve in the x, y and z-directions. The ball bearing sleeve is designed to replace the “thrust bearing” that is typically the “weak link” in a turbocharging device, as well as the journal bearings. The sleeve is designed to include a cylindrical portion that includes one or more grooves for directing the flow of oil around the sleeve for cooling. An oil duct having access holes directs the flow of oil into the ball bearings. Sleeve device may be retro-fitted into an existing turbocharger, which originally had journal and thrust bearings.