Orchard Capital Management, LLC

CIK

1858319

Location

Chicago, IL

Portfolio Value

Micro $95,893,020

Diversification

Diversified

Filing Date

Global Rank

#5,572 / 8,638 ▼ 266 · as of Mar 2026

Top Industry

Banks - Regional 20.2%

3Y Alpha vs SPY

+3.2%

Period ended 4 months ago

Filed May 13, 2026 · 3mo

22 quarters · since Dec 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+92.6%

SPY

+77.0%

Annualised alpha

+3.5%

Max drawdown

−25.4%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 96% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

20.3%

−15.2 pts

Top 5

39.3%

−13.8 pts

Top 10

55.4%

−11.8 pts

HHI

652

Diversified−784

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	25.9%	$24,860,979	10
Unclassified	20.3%	$19,510,200	1
Industrials	20.0%	$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
Consumer Defensive	2.1%	$1,991,491	1
Healthcare	1.7%	$1,670,347	3
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	Trekor Metals 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 tracked positions · $95,893,020 total · filing declares 46 positions · $95,893,110 · 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 PUT	Reduced	30,000	-30,000	$19,510,200	−52.3%	20.35%
TBBK	Bancorp, Inc. Financial Services	Added	120,856	+14,777	$6,493,592	−9.3%	6.77%
FIP	FTAI Infrastructure Inc. Industrials	Held	815,038	0	$4,026,287	+7.2%	4.20%
TDW	Tidewater Inc Energy	Held	48,166	0	$4,024,269	+65.4%	4.20%
ACA	Arcosa, Inc. Industrials	Held	34,150	0	$3,624,681	−0.2%	3.78%
DCO	Ducommun Inc /De/ Industrials	Held	28,907	0	$3,526,654	+28.2%	3.68%
BANC	Banc Of California, Inc. Financial Services	Held	177,885	0	$3,127,218	−8.9%	3.26%
NOA	North American Construction Group Ltd. Energy	Added	223,913	+68,812	$3,018,347	+35.4%	3.15%
ENVA	Enova International, Inc. Financial Services	Held	21,552	0	$2,927,408	−13.6%	3.05%
GSM	Ferroglobe PLC Basic Materials	Held	681,745	0	$2,808,789	−11.2%	2.93%
GTX	Garrett Motion Inc. Consumer Cyclical	Held	152,943	0	$2,778,974	+4.2%	2.90%
HBM	Hudbay Minerals Inc. Basic Materials	Reduced	131,866	-153,808	$2,755,999	−51.4%	2.87%
ARCB	Arcbest Corp /De/ Industrials	Held	27,564	0	$2,711,195	+32.6%	2.83%
UAMY	United States Antimony Corp Basic Materials	Held	304,623	0	$2,659,358	+73.9%	2.77%
TRN	Trinity Industries Inc Industrials	Held	77,244	0	$2,485,711	+21.7%	2.59%
GLRE	Greenlight Capital Re, Ltd. Financial Services	Held	138,927	0	$2,402,047	+18.6%	2.50%
RIOT	Riot Platforms, Inc. Financial Services	Added	187,933	+88,232	$2,322,851	+83.9%	2.42%
MTUS	Metallus Inc. Basic Materials	Added	134,983	+42,891	$2,205,622	+39.6%	2.30%
TFIN	Triumph Financial, Inc. Financial Services	Held	34,821	0	$2,077,420	−4.7%	2.17%
CENT	Central Garden & Pet Co Consumer Defensive	Held	55,473	0	$1,991,491	+13.8%	2.08%
AX	Axos Financial, Inc. Financial Services	Reduced	22,208	-17,466	$1,889,678	−44.7%	1.97%
CASH	Pathward Financial, Inc. Financial Services	Held	20,901	0	$1,864,996	+25.7%	1.94%
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%	1.56%
TGB	Trekor Metals Ltd Basic Materials	Added	223,259	+205,200	$1,440,020	+1308.8%	1.50%
FBRT	Franklin BSP Realty Trust, Inc. Real Estate	Held	161,719	0	$1,372,994	−15.4%	1.43%
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	0.21%
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%	0.11%
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%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.