Orchard Capital Management, LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Orchard Capital Management, LLC maintained a portfolio of 49 distinct positions. The most significant new addition to the portfolio was SPDR S&P 500 ETF TR, which now represents 35.51% of the total fund value. Conversely, Orchard Capital Management, LLC completely exited their position in SPDR S&P 500 ETF TR.
PCA Score Concentration Risk
Risk ENB
Total Positions
49
Quarter
2025 Q4
Top Holding
SPY (35.5%)
Top 10 Concentration
67.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 49
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SPY
SPDR S&P 500 ET...
ETF 35.51% #1
Prev: #—
9.5 60,000 no change
NEW
60,000 $40,915,200 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TBBK
BANCORP INC DEL
Financial Services 6.22% 7.88% #2
Prev: #2
4.5 -15,657 -12.9%
P
S
106,079 $7,162,454 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HBM
HUDBAY MINERALS...
Basic Materials 4.92% 5.73% #3
Prev: #3
3.0 -151,853 -34.7%
P
S
285,674 $5,670,629 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FIP
FTAI INFRASTRUC...
Industrials 3.26% 3.03% #4
Prev: #4
2.3 11,270 1.4%
P
S
815,038 $3,757,325 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ACA
ARCOSA INC
Industrials 3.15% 2.72% #5 1
Prev: #6
2.3 611 1.8%
P
S
34,150 $3,630,828 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BANC
BANC OF CALIFOR...
Financial Services 2.98% 2.52% #6 3
Prev: #9
1.7 1,855 1.1%
P
S
177,885 $3,431,402 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AX
AXOS FINANCIAL ...
Financial Services 2.97% 2.86% #7 2
Prev: #5
1.7 635 1.6%
P
S
39,674 $3,418,312 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ENVA
ENOVA INTL INC
Financial Services 2.94% 2.12% #8 4
Prev: #12
1.7 257 1.2%
P
S
21,552 $3,387,974 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GSM
FERROGLOBE PLC
Basic Materials 2.75% 1.90% #9 4
Prev: #13
3.6 197,407 40.8%
P
S
681,745 $3,163,297 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RVLV
REVOLVE GROUP I...
Consumer Cyclical 2.46% 1.69% #10 7
Prev: #17
1.5 1,758 1.9%
P
S
93,707 $2,829,014 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DCO
DUCOMMUN INC DE...
Industrials 2.39% 2.35% #11 1
Prev: #10
1.5 606 2.1%
P
S
28,907 $2,749,923 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GTX
GARRETT MOTION ...
Consumer Cyclical 2.31% 1.81% #12 4
Prev: #16
1.4 -756 -0.5%
P
S
152,943 $2,665,796 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TDW
TIDEWATER INC N...
Energy 2.11% 2.18% #13 2
Prev: #11
1.3 906 1.9%
P
S
48,166 $2,432,865 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NOA
NORTH AMERN CON...
Energy 1.93% 1.87% #14
Prev: #14
1.3 2,963 1.9%
P
S
155,101 $2,228,801 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TFIN
TRIUMPH FINANCI...
Financial Services 1.89% 1.48% #15 6
Prev: #21
1.3 660 1.9%
P
S
34,821 $2,180,839 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ARCB
ARCBEST CORP
Industrials 1.77% 1.63% #16 2
Prev: #18
1.2 550 2.0%
P
S
27,564 $2,044,973 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TRN
TRINITY INDS IN...
Industrials 1.77% 1.84% #17 2
Prev: #15
1.2 1,408 1.9%
P
S
77,244 $2,042,331 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GLRE
GREENLIGHT CAPI...
Financial Services 1.76% 2.69% #18 11
Prev: #7
0.7 -105,942 -43.3%
P
S
138,927 $2,025,556 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
AEBI SCHMIDT HL...
Unknown 1.70% 1.63% #19
Prev: #19
1.2 3,093 2.0%
P
S
154,431 $1,953,552 13F Filing 2025-12-31 2026-02-14 (Est.)
FBRT
FRANKLIN BSP RL...
Real Estate 1.41% 1.49% #20
Prev: #20
1.1 3,129 2.0%
P
S
161,719 $1,622,042 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NODK
NI HLDGS INC
Financial Services 1.38% 1.39% #21 1
Prev: #22
1.1 812 0.7%
P
S
119,629 $1,591,066 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MTUS
METALLUS INC
Basic Materials 1.37% 1.29% #22 2
Prev: #24
1.0 1,474 1.6%
P
S
92,092 $1,580,299 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
UAMY
UNITED STATES A...
Basic Materials 1.33% #23
Prev: #—
4.0 304,623 no change
NEW
304,623 $1,529,207 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CASH
PATHWARD FINANC...
Financial Services 1.29% 1.30% #24 1
Prev: #23
1.0 570 2.8%
P
S
20,901 $1,483,971 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CENT
CENTRAL GARDEN ...
Consumer Defensive 1.24% 1.24% #25
Prev: #25
1.0 261 0.6%
P
S
44,381 $1,426,849 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SPY
SPDR S&P 500 ET...
PUT
PUT Option 0.00% 34.54%
Sold All 😨
(Was: #1)
0.0 -60,000 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ETNB
89BIO INC
Unknown 0.00% 2.59%
Sold All 😨
(Was: #8)
0.0 -204,114 -100.0%
CLOSED
$— 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
PBPB
POTBELLY CORP
Unknown 0.00% 0.31%
Sold All 😨
(Was: #34)
0.0 -20,888 -100.0%
CLOSED
$— 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GRBK
GREEN BRICK PAR...
Consumer Cyclical 0.00% 0.19%
Sold All 😨
(Was: #40)
0.0 -3,000 -100.0%
CLOSED
$— 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PHLT
PERFORMANT HEAL...
Unknown 0.00% 0.13%
Sold All 😨
(Was: #42)
0.0 -20,000 -100.0%
CLOSED
$— 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 49 holdings

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