Orchard Capital Management, LLC — 13F Holdings & Portfolio
CIK 1858319 · latest 13F-HR filed 2026-05-13
Orchard Capital Management, LLC manages $95.9M in 13F-reported U.S. long-equity assets across 46 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (20.35%), TBBK (6.77%), FIP (4.20%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 3, added to 21, and trimmed 14.
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.
$95.9M
Long-equity book
46
Distinct positions
2026-03-31
Filed 2026-05-13
+4 / −3 / ↑21 / ↓14
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- TIDEWATER INC NEW$1.6M +65.4%
- TASEKO MINES LTD$1.3M +1308.8%
- UNITED STATES ANTIMONY CORP$1.1M +73.9%
- RIOT PLATFORMS INC$1.1M +83.9%
- NORTH AMERN CONSTR GROUP LTD$789.5K +35.4%
Top Trims
- HUDBAY MINERALS INC-$2.9M -51.4%
- REVOLVE GROUP INC-$1.6M -57.4%
- AXOS FINANCIAL INC-$1.5M -44.7%
- BANCORP INC DEL-$668.9K -9.3%
- ENOVA INTL INC-$460.6K -13.6%
New Positions
- MYERS INDS INC$1.6M
- CF INDUSTRIES HOLD$272.1K
- WABTEC$227.9K
- FOSTER L B CO$205.9K
Exited Positions
- SPDR S&P 500 ETF TR$40.9M
- CRITEO S A$1.2M
- ARMSTRONG WORLD INDS INC NEW$206.2K
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 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $19.5M | 20.35% | 30,000 | SH |
| 2 | BANCORP INC DEL | TBBK | 05969A105 | $6.5M | 6.77% | 120,856 | SH |
| 3 | FTAI INFRASTRUCTURE INC | FIP | 35953C106 | $4.0M | 4.20% | 815,038 | SH |
| 4 | TIDEWATER INC NEW | TDW | 88642R109 | $4.0M | 4.20% | 48,166 | SH |
| 5 | ARCOSA INC | ACA | 039653100 | $3.6M | 3.78% | 34,150 | SH |
| 6 | DUCOMMUN INC DEL | DCO | 264147109 | $3.5M | 3.68% | 28,907 | SH |
| 7 | BANC OF CALIFORNIA INC | BANC | 05990K106 | $3.1M | 3.26% | 177,885 | SH |
| 8 | NORTH AMERN CONSTR GROUP LTD | NOA | 656811106 | $3.0M | 3.15% | 223,913 | SH |
| 9 | ENOVA INTL INC | ENVA | 29357K103 | $2.9M | 3.05% | 21,552 | SH |
| 10 | FERROGLOBE PLC | GSM | G33856108 | $2.8M | 2.93% | 681,745 | SH |
| 11 | GARRETT MOTION INC | GTX | 366505105 | $2.8M | 2.90% | 152,943 | SH |
| 12 | HUDBAY MINERALS INC | HBM | 443628102 | $2.8M | 2.87% | 131,866 | SH |
| 13 | ARCBEST CORP | ARCB | 03937C105 | $2.7M | 2.83% | 27,564 | SH |
| 14 | UNITED STATES ANTIMONY CORP | UAMY | 911549103 | $2.7M | 2.77% | 304,623 | SH |
| 15 | TRINITY INDS INC | TRN | 896522109 | $2.5M | 2.59% | 77,244 | SH |
| 16 | GREENLIGHT CAP RE LTD | GLRE | G4095J109 | $2.4M | 2.50% | 138,927 | SH |
| 17 | RIOT PLATFORMS INC | RIOT | 767292105 | $2.3M | 2.42% | 187,933 | SH |
| 18 | METALLUS INC | MTUS | 887399103 | $2.2M | 2.30% | 134,983 | SH |
| 19 | TRIUMPH FINANCIAL INC | TFIN | 89679E300 | $2.1M | 2.17% | 34,821 | SH |
| 20 | AXOS FINANCIAL INC | AX | 05465C100 | $1.9M | 1.97% | 22,208 | SH |
| 21 | PATHWARD FINANCIAL INC | CASH | 59100U108 | $1.9M | 1.94% | 20,901 | SH |
| 22 | CENTRAL GARDEN & PET CO | CENT | 153527106 | $1.6M | 1.70% | 44,381 | SH |
| 23 | MYERS INDS INC | MYE | 628464109 | $1.6M | 1.65% | 74,628 | SH |
| 24 | NI HLDGS INC | NODK | 65342T106 | $1.5M | 1.61% | 119,629 | SH |
| 25 | AEBI SCHMIDT HLDG AG | AEBI | H00501108 | $1.5M | 1.56% | 154,431 | SH |
| 26 | TASEKO MINES LTD | TGB | 876511106 | $1.4M | 1.50% | 223,259 | SH |
| 27 | FRANKLIN BSP RLTY TR INC | FBRT | 35243J101 | $1.4M | 1.43% | 161,719 | SH |
| 28 | REVOLVE GROUP INC | RVLV | 76156B107 | $1.2M | 1.26% | 53,246 | SH |
| 29 | INTELLIA THERAPEUTICS INC | NTLA | 45826J105 | $1.1M | 1.10% | 82,030 | SH |
| 30 | ATLAS ENERGY SOLUTIONS INC | AESI | 642045108 | $974.1K | 1.02% | 74,249 | SH |
| 31 | HERON THERAPEUTICS INC | HRTX | 427746102 | $544.4K | 0.57% | 680,432 | SH |
| 32 | AZZ INC | AZZ | 002474104 | $488.3K | 0.51% | 3,902 | SH |
| 33 | CENTRAL GARDEN & PET CO | CENTA | 153527205 | $359.6K | 0.38% | 11,092 | SH |
| 34 | TALEN ENERGY CORP | TLN | 87422Q109 | $338.4K | 0.35% | 1,060 | SH |
| 35 | SOLARIS ENERGY INFRAS INC | SEI | 83418M103 | $324.9K | 0.34% | 5,750 | SH |
| 36 | IDAHO STRATEGIC RESOURCES | IDR | 645827205 | $319.8K | 0.33% | 9,956 | SH |
| 37 | FRANKLIN ELEC INC | FELE | 353514102 | $315.9K | 0.33% | 3,427 | SH |
| 38 | CASEYS GEN STORES INC | CASY | 147528103 | $291.1K | 0.30% | 400 | SH |
| 39 | CF INDUSTRIES HOLD | CF | 125269100 | $272.1K | 0.28% | 2,096 | SH |
| 40 | WABTEC | WAB | 929740108 | $227.9K | 0.24% | 912 | SH |
| 41 | DIGITALBRIDGE GROUP INC | DBRG | 25401T603 | $213.8K | 0.22% | 13,862 | SH |
| 42 | FOSTER L B CO | FSTR | 350060109 | $205.9K | 0.21% | 7,379 | SH |
| 43 | GLADSTONE LD CORP | LAND | 376549101 | $200.9K | 0.21% | 19,695 | SH |
| 44 | DMC GLOBAL INC | BOOM | 23291C103 | $110.2K | 0.11% | 21,152 | SH |
| 45 | AKEBIA THREAPEUTICS INC | AKBA | 00972D105 | $74.4K | 0.08% | 53,510 | SH |
| 46 | TRANSOCEAN LTD | RIG | H8817H100 | $67.5K | 0.07% | 10,185 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 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 |