Orchard Capital Management, LLC — 13F Holdings & Portfolio

CIK 1858319 · latest 13F-HR filed 2026-08-12

Orchard Capital Management, LLC manages $102.6M in 13F-reported U.S. long-equity assets across 44 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are QQQ (11.12%), TBBK (7.14%), GDOT (5.38%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 5 new positions, exited 7, added to 25, and trimmed 7.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$102.6M

Long-equity book

Holdings

44

Distinct positions

Period

2026-06-30

Filed 2026-08-12

Q/Q Activity

+5 / −7 / ↑25 / ↓7

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Firm Profile & Key People
Name Title / Status Ownership Type

Quarter-over-quarter changes

Share-count changes vs the prior 13F.

Top Adds (vs prior quarter)

  • RIOT PLATFORMS INC$2.9M +123.6%
  • ENOVA INTL INC$2.3M +79.5%
  • TRIUMPH FINANCIAL INC$1.7M +82.3%
  • AEBI SCHMIDT HLDG AG$1.4M +96.7%
  • MYERS INDS INC$1.1M +68.6%
Show all 25 →

Top Trims

  • TIDEWATER INC NEW-$775.4K -19.3%
  • FERROGLOBE PLC-$614.6K -21.9%
  • UNITED STATES ANTIMONY CORP-$429.3K -16.1%
  • FTAI INFRASTRUCTURE INC-$210.6K -5.2%
  • CF INDUSTRIES HOLD-$45.2K -16.6%
Show all 7 →

New Positions

  • GREEN DOT CORP$5.5M
  • TREKOR METALS LTD$2.5M
  • DRIVEN BRANDS HLDGS INC$1.8M
  • GREEN BRICK PARTNERS INC$240.1K
  • BANNER CORP$201.2K
Show all 5 →

Exited Positions

  • ARCBEST CORP$2.7M
  • GREENLIGHT CAP RE LTD$2.4M
  • CENTRAL GARDEN & PET CO$1.6M
  • TASEKO MINES LTD$1.4M
  • HERON THERAPEUTICS INC$544.4K
Show all 7 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 INVESCO QQQ TR Put QQQ 46090E103 $11.4M 11.12% 15,500 SH
2 BANCORP INC DEL TBBK 05969A105 $7.3M 7.14% 116,995 SH
3 GREEN DOT CORP GDOT 39304D102 $5.5M 5.38% 409,059 SH
4 ENOVA INTL INC ENVA 29357K103 $5.3M 5.12% 21,824 SH
5 RIOT PLATFORMS INC RIOT 767292105 $5.2M 5.06% 189,729 SH
6 DUCOMMUN INC DEL DCO 264147109 $4.4M 4.28% 23,718 SH
7 ARCOSA INC ACA 039653100 $4.0M 3.86% 27,260 SH
8 FTAI INFRASTRUCTURE INC FIP 35953C106 $3.8M 3.72% 822,351 SH
9 TRIUMPH FINANCIAL INC TFIN 89679E300 $3.8M 3.69% 49,633 SH
10 GARRETT MOTION INC GTX 366505105 $3.7M 3.57% 101,167 SH
11 TIDEWATER INC NEW TDW 88642R109 $3.2M 3.17% 48,760 SH
12 HUDBAY MINERALS INC HBM 443628102 $3.2M 3.07% 133,607 SH
13 NORTH AMERN CONSTR GROUP LTD NOA 656811106 $3.0M 2.94% 226,537 SH
14 BANC OF CALIFORNIA INC BANC 05990K106 $3.0M 2.93% 147,413 SH
15 AEBI SCHMIDT HLDG AG AEBI H00501108 $2.9M 2.87% 234,969 SH
16 TRINITY INDS INC TRN 896522109 $2.7M 2.64% 78,235 SH
17 MYERS INDS INC MYE 628464109 $2.7M 2.60% 75,487 SH
18 METALLUS INC MTUS 887399103 $2.6M 2.49% 136,651 SH
19 TREKOR METALS LTD TGB 89472Y107 $2.5M 2.44% 364,557 SH
20 UNITED STATES ANTIMONY CORP UAMY 911549103 $2.2M 2.17% 307,174 SH
21 FERROGLOBE PLC GSM G33856108 $2.2M 2.14% 690,000 SH
22 AXOS FINANCIAL INC AX 05465C100 $2.2M 2.13% 22,491 SH
23 FRANKLIN BSP RLTY TR INC FBRT 35243J101 $2.2M 2.12% 267,856 SH
24 NI HLDGS INC NODK 65342T106 $1.9M 1.85% 120,742 SH
25 PATHWARD FINANCIAL INC CASH 59100U108 $1.8M 1.79% 21,144 SH
26 DRIVEN BRANDS HLDGS INC DRVN 26210V102 $1.8M 1.79% 131,785 SH
27 INTELLIA THERAPEUTICS INC NTLA 45826J105 $1.3M 1.31% 79,503 SH
28 ATLAS ENERGY SOLUTIONS INC AESI 642045108 $1.2M 1.22% 75,237 SH
29 REVOLVE GROUP INC RVLV 76156B107 $1.2M 1.20% 53,916 SH
30 AZZ INC AZZ 002474104 $605.0K 0.59% 3,902 SH
31 SOLARIS ENERGY INFRAS INC SEI 83418M103 $462.6K 0.45% 5,750 SH
32 TALEN ENERGY CORP TLN 87422Q109 $407.3K 0.40% 1,060 SH
33 FRANKLIN ELEC INC FELE 353514102 $367.3K 0.36% 3,427 SH
34 FOSTER L B CO FSTR 350060109 $333.3K 0.32% 7,379 SH
35 IDAHO STRATEGIC RESOURCES IDR 645827205 $326.1K 0.32% 9,956 SH
36 CASEYS GEN STORES INC CASY 147528103 $317.9K 0.31% 400 SH
37 WABTEC WAB 929740108 $245.9K 0.24% 912 SH
38 GREEN BRICK PARTNERS INC GRBK 392709101 $240.1K 0.23% 3,000 SH
39 CF INDUSTRIES HOLD CF 125269100 $226.9K 0.22% 2,096 SH
40 DIGITALBRIDGE GROUP INC DBRG 25401T603 $218.7K 0.21% 13,862 SH
41 BANNER CORP BANR 06652V208 $201.2K 0.20% 3,029 SH
42 GLADSTONE LD CORP LAND 376549101 $168.0K 0.16% 19,695 SH
43 DMC GLOBAL INC BOOM 23291C103 $122.9K 0.12% 21,152 SH
44 TRANSOCEAN LTD RIG H8817H100 $49.8K 0.05% 10,185 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-12 $102.6M 44 0001104659-26-094664
2026-03-31 2026-05-13 $95.9M 46 0001104659-26-060286
2025-12-31 2026-02-12 $115.2M 44 0001104659-26-014079
2025-09-30 2025-11-12 $115.7M 44 0001104659-25-110378
Filer Information
Address
400 N. MICHIGAN AVE
#560
CHICAGO, IL 60611
Phone
(312) 628-6700
Filing Manager
Orchard Capital Management, LLC
CHICAGO, IL
Signatory
Blake Harper
Managing Member