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Orchard Capital Management, LLC

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1858319
Institutional-grade research for retail investors

Sector Allocation

  • Financials40.0%$36.5M
  • Industrials28.3%$25.8M
  • Materials17.5%$16.0M
  • Energy5.2%$4.8M
  • Consumer Discretionary4.1%$3.7M
  • Real Estate2.6%$2.3M
  • Healthcare1.5%$1.3M
  • Utilities0.5%$407,316
  • Technology0.4%$367,340

AUM History

13fpro.ai/research/fund/orchard-capital-management-llc-1858319

Largest positions — Q2 2026

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/orchard-capital-management-llc-1858319

Orchard Capital Management, LLC 13F holdings — Q2 2026

$102.6M portfolio (+7.0% QoQ) · 44 holdings · Q2 2026 13F · top 10 are 51% of the stock portfolio

Includes $11.4M of put/call options ($11.4M puts, $0 calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $91.2M. Weights use the stock portfolio.

All holdings — Orchard Capital Management, LLC (Q2 2026)

44 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

Company
QQQ$QQQPUTINVESCO QQQ TRUST, SERIES 1$11.4MNew
HBM$HBMHudbay Minerals Inc.$3.2M+1%
NOA$NOANorth American Construction Group Ltd.$3.0M+1%
BANC$BANCBANC OF CALIFORNIA, INC.$3.0M-17%
AEBI$AEBIAebi Schmidt Holding AG$2.9M+52%
TRN$TRNTRINITY INDUSTRIES INC$2.7M+1%
MYE$MYEMYERS INDUSTRIES INC$2.7M+1%
MTUS$MTUSMetallus Inc.$2.6M+1%
TGB$TGBTrekor Metals Ltd$2.5M+63%
UAMY$UAMYUNITED STATES ANTIMONY CORP$2.2M+0.8%
GSM$GSMFerroglobe PLC$2.2M+1%
AX$AXAxos Financial, Inc.$2.2M+1%
FBRT$FBRTFranklin BSP Realty Trust, Inc.$2.2M+66%
NODK$NODKNI Holdings, Inc.$1.9M+0.9%
CASH$CASHPATHWARD FINANCIAL, INC.$1.8M+1%

What changed in Q2 2026

Against the previous quarter's 13F: 5 new, 20 added to, 6 trimmed, 7 sold out. Share-count changes; largest moves by dollar size first.

New positions (5)

  • QQQ$QQQPUTINVESCO QQQ TRUST, SERIES 1$11.4M

    first bought this quarter

  • GDOT$GDOTGREEN DOT CORP$5.5M

    first bought this quarter

  • DRVN$DRVNDriven Brands Holdings Inc.$1.8M

    first bought this quarter

  • GRBK$GRBKGreen Brick Partners, Inc.$240K

    first bought this quarter

  • BANR$BANRBANNER CORP$201K

    first bought this quarter

Added to (20)

  • TFIN$TFINTriumph Financial, Inc.+43%

    now $3.8M · held 8 qtrs

  • AEBI$AEBIAebi Schmidt Holding AG+52%

    now $2.9M · held 4 qtrs

  • TGB$TGBTrekor Metals Ltd+63%

    now $2.5M · held 3 qtrs, 3 adds in a row

  • FBRT$FBRTFranklin BSP Realty Trust, Inc.+66%

    now $2.2M · held 10+ qtrs

  • ENVA$ENVAEnova International, Inc.+1%

    now $5.3M · held 10+ qtrs

  • RIOT$RIOTRiot Platforms, Inc.+1.0%

    now $5.2M · held 4 qtrs

+14 more in the Excel export

Trimmed (6)

  • GTX$GTXGarrett Motion Inc.-34%

    now $3.7M · held 10+ qtrs

  • ACA$ACAArcosa, Inc.-20%

    now $4.0M · held 10+ qtrs

  • DCO$DCODUCOMMUN INC /DE/-18%

    now $4.4M · held 7 qtrs

  • BANC$BANCBANC OF CALIFORNIA, INC.-17%

    now $3.0M · held 10+ qtrs

  • TBBK$TBBKBancorp, Inc.-3%

    now $7.3M · held 10+ qtrs

  • NTLA$NTLAIntellia Therapeutics, Inc.-3%

    now $1.3M · held 10+ qtrs

Sold out (7)

  • SPY$SPYPUTSPDR S&P 500 ETF TRUSTwas $19.5M
  • ARCB$ARCBARCBEST CORP /TX/was $2.7M

    held 9+ qtrs

  • GLRE$GLREGREENLIGHT CAPITAL RE, LTD.was $2.4M

    held 9+ qtrs

  • CENT$CENTCENTRAL GARDEN & PET COwas $1.6M

    held 9+ qtrs

  • HRTX$HRTXHERON THERAPEUTICS, INC. /DE/was $544K

    held 9+ qtrs

  • CENT$CENTCENTRAL GARDEN & PET COwas $360K

    held 9+ qtrs

+1 more in the Excel export

Firm AUM (Form ADV): $111.8M as of 2025-12-31 · SEC IAPD

Share

Holdings by quarter

Every 13F Orchard Capital Management, LLC has filed, 22 earlier quarters. Pick one to see what it held then.

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Is it too late to follow Orchard Capital Management?

Q2 2026 13F filed with the SEC on Aug 12, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of Orchard Capital Management's top 20 holdings: 50/100 (our AI quality score, weighted by position size; 16 of the 20 are scored)

Top 10 since filing

-22.9%

Value-weighted move of the 10 largest stock positions

Turnover

15%

Last quarter; 42% over the last 4

Top 10 weight

51%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

82%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

Orchard Capital Management, LLC disclosed 44 positions worth $102.6M in its Form 13F-HR for Q2 2026 — $91.2M in common stock plus $11.4M of put/call option positions (reported at underlying notional value, not premium at risk), led by $TBBK (Bancorp, Inc.) at 8.0% of the equity portfolio, followed by $GDOT and $ENVA. During the quarter the fund opened 5 new positions and exited 7 — including a new stake in $QQQ and a full exit from $SPY. The portfolio is most concentrated in Financials (40.0% of disclosed assets). All figures are sourced directly from Orchard Capital Management, LLC’s Form 13F-HR filing with the SEC under CIK 1858319.

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AI-Powered Hedge Fund Analysis: Orchard Capital Management, LLC

13F Pro is an AI hedge fund tracker and stock research platform. For Orchard Capital Management, LLC (SEC CIK: 1858319), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in Orchard Capital Management, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.