Orchard Capital Management, LLC

CIK

1858319

Location

Chicago, IL

Portfolio Value

Micro $95,533,418

Diversification

Diversified

Filing Date

Global Rank

#5,794 / 8,586 ▼ 205

Top Industry

Banks - Regional 20.3%

3Y Alpha vs SPY

+3.3%

Period ended 3 months ago

Filed May 13, 2026 · 34d

22 quarters · since Dec 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+92.9%

SPY

+78.1%

Annualised alpha

+3.3%

Max drawdown

−25.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

45 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

20.4%

−15.2 pts

Top 5

39.4%

−13.8 pts

Top 10

55.6%

−11.8 pts

HHI

655

Diversified−787

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	26.0%	$24,860,979	10
Unclassified	20.4%	$19,510,200	1
Industrials	20.1%	$19,222,168	11
Basic Materials	13.0%	$12,461,718	7
Energy	8.8%	$8,409,220	5
Consumer Cyclical	6.1%	$5,854,631	4
Healthcare	1.7%	$1,670,347	3
Consumer Defensive	1.7%	$1,631,889	1
Real Estate	1.6%	$1,573,883	2
Utilities	0.4%	$338,383	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
TGB	Taseko Mines Ltd	+205,200	223,259	$1,440,020
RIOT	Riot Platforms, Inc.	+88,232	187,933	$2,322,851
NOA	North American Construction Group Ltd.	+68,812	223,913	$3,018,347
MTUS	Metallus Inc.	+42,891	134,983	$2,205,622
TBBK	Bancorp, Inc.	+14,777	120,856	$6,493,592
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
HBM	Hudbay Minerals Inc.	−153,808	131,866	$2,755,999
RVLV	Revolve Group, Inc.	−40,461	53,246	$1,203,892
SPY	Spdr S&P 500 ETF Trust	−30,000	30,000	$19,510,200
AX	Axos Financial, Inc.	−17,466	22,208	$1,889,678
TLN	Talen Energy Corp	−546	1,060	$338,383
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
MYE	Myers Industries Inc	74,628	$1,580,621
CF	CF Industries Holdings, Inc.	2,096	$272,144
WAB	Westinghouse Air Brake Technologies Corp	912	$227,917
FSTR	Foster L B Co	7,379	$205,874
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
CRTO	Criteo S.A.	57,293	$1,180,808
AWI	Armstrong World Industries Inc	1,079	$206,196
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

45 positions · $95,533,418 total · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	30,000	-30,000	$19,510,200	−52.3%	20.42%
TBBK	Bancorp, Inc. Financial Services	Added	120,856	+14,777	$6,493,592	−9.3%	6.80%
FIP	FTAI Infrastructure Inc. Industrials	Held	815,038	0	$4,026,287	+7.2%	4.21%
TDW	Tidewater Inc Energy	Held	48,166	0	$4,024,269	+65.4%	4.21%
ACA	Arcosa, Inc. Industrials	Held	34,150	0	$3,624,681	−0.2%	3.79%
DCO	Ducommun Inc /De/ Industrials	Held	28,907	0	$3,526,654	+28.2%	3.69%
BANC	Banc Of California, Inc. Financial Services	Held	177,885	0	$3,127,218	−8.9%	3.27%
NOA	North American Construction Group Ltd. Energy	Added	223,913	+68,812	$3,018,347	+35.4%	3.16%
ENVA	Enova International, Inc. Financial Services	Held	21,552	0	$2,927,408	−13.6%	3.06%
GSM	Ferroglobe PLC Basic Materials	Held	681,745	0	$2,808,789	−11.2%	2.94%
GTX	Garrett Motion Inc. Consumer Cyclical	Held	152,943	0	$2,778,974	+4.2%	2.91%
HBM	Hudbay Minerals Inc. Basic Materials	Reduced	131,866	-153,808	$2,755,999	−51.4%	2.88%
ARCB	Arcbest Corp /De/ Industrials	Held	27,564	0	$2,711,195	+32.6%	2.84%
UAMY	United States Antimony Corp Basic Materials	Held	304,623	0	$2,659,358	+73.9%	2.78%
TRN	Trinity Industries Inc Industrials	Held	77,244	0	$2,485,711	+21.7%	2.60%
GLRE	Greenlight Capital Re, Ltd. Financial Services	Held	138,927	0	$2,402,047	+18.6%	2.51%
RIOT	Riot Platforms, Inc. Financial Services	Added	187,933	+88,232	$2,322,851	+83.9%	2.43%
MTUS	Metallus Inc. Basic Materials	Added	134,983	+42,891	$2,205,622	+39.6%	2.31%
TFIN	Triumph Financial, Inc. Financial Services	Held	34,821	0	$2,077,420	−4.7%	2.17%
AX	Axos Financial, Inc. Financial Services	Reduced	22,208	-17,466	$1,889,678	−44.7%	1.98%
CASH	Pathward Financial, Inc. Financial Services	Held	20,901	0	$1,864,996	+25.7%	1.95%
CENT	Central Garden & Pet Co Consumer Defensive	Held	44,381	0	$1,631,889	+14.4%	1.71%
MYE	Myers Industries Inc Consumer Cyclical	NEW	74,628	NEW	$1,580,621	NEW	1.65%
NODK	NI Holdings, Inc. Financial Services	Held	119,629	0	$1,542,017	−3.1%	1.61%
AEBI	Aebi Schmidt Holding AG Industrials	Held	154,431	0	$1,499,525	−23.2%	1.57%
TGB	Taseko Mines Ltd Basic Materials	Added	223,259	+205,200	$1,440,020	+1308.8%	1.51%
FBRT	Franklin BSP Realty Trust, Inc. Real Estate	Held	161,719	0	$1,372,994	−15.4%	1.44%
RVLV	Revolve Group, Inc. Consumer Cyclical	Reduced	53,246	-40,461	$1,203,892	−57.4%	1.26%
NTLA	Intellia Therapeutics, Inc. Healthcare	Held	82,030	0	$1,051,624	+42.6%	1.10%
AESI	Atlas Energy Solutions Inc. Energy	Held	74,249	0	$974,146	+39.3%	1.02%
HRTX	Heron Therapeutics, Inc. /De/ Healthcare	Held	680,432	0	$544,345	−38.5%	0.57%
AZZ	Azz Inc Industrials	Held	3,902	0	$488,257	+16.7%	0.51%
TLN	Talen Energy Corp Utilities	Reduced	1,060	-546	$338,383	−43.8%	0.35%
SEI	Solaris Energy Infrastructure, Inc. Energy	Held	5,750	0	$324,932	+22.9%	0.34%
IDR	Idaho Strategic Resources, Inc. Basic Materials	Held	9,956	0	$319,786	−20.3%	0.33%
FELE	Franklin Electric Co Inc Industrials	Held	3,427	0	$315,866	−3.5%	0.33%
CASY	Caseys General Stores Inc Consumer Cyclical	Held	400	0	$291,144	+31.7%	0.30%
CF	CF Industries Holdings, Inc. Basic Materials	NEW	2,096	NEW	$272,144	NEW	0.28%
WAB	Westinghouse Air Brake Technologies Corp Industrials	NEW	912	NEW	$227,917	NEW	0.24%
DBRG	DigitalBridge Group, Inc. Financial Services	Held	13,862	0	$213,752	+0.5%	0.22%
FSTR	Foster L B Co Industrials	NEW	7,379	NEW	$205,874	NEW	0.22%
LAND	GLADSTONE LAND Corp Real Estate	Held	19,695	0	$200,889	+11.5%	0.21%
BOOM	DMC Global Inc. Industrials	Held	21,152	0	$110,201	−22.1%	0.12%
AKBA	Akebia Therapeutics, Inc. Healthcare	Held	53,510	0	$74,378	−13.7%	0.08%
RIG	Transocean Ltd. Energy	Held	10,185	0	$67,526	+60.5%	0.07%