Orchard Capital Management
CHICAGO, ILfiles as Orchard Capital Management, LLC
$91m in 43 US stocks at the end of 30 June 2026. The top 10 are 50.6% of the money. It changed about 21.1% of the portfolio this quarter.
Value
$91m
Stocks
43
Top 10 share
50.6%
Turnover
21.1%
What changed this quarter
New
Bought for the first time this quarter.
- Green DOTGDOT6.1% of the fund
- Trekor MetalsTGB2.7% of the fund
- Driven Brands HoldingsDRVN2.0% of the fund
- Green Brick PartnersGRBK0.3% of the fund
- BannerBANR0.2% of the fund
Added
Bought more of a stock they already held.
- Triumph FinancialTFIN4.2% of the fund+43%
- Aebi Schmidt Holding AGAEBI3.2% of the fund+52%
- Franklin BSP Realty TrustFBRT2.4% of the fund+66%
Cut
Sold some of their stake.
- BancorpTBBK8.0% of the fund-3%
- DucommunDCO4.8% of the fund-18%
- ArcosaACA4.3% of the fund-20%
- Garrett MotionGTX4.0% of the fund-34%
- Banc of CaliforniaBANC3.3% of the fund-17%
- Intellia TherapeuticsNTLA1.5% of the fund-3%
Sold out
Sold their entire stake.
- ArcbestARCB-100%
- Greenlight Capital REGLRE-100%
- Central Garden & PETCENT-100%
- Taseko Mines-100%
- Heron TherapeuticsHRTX-100%
- Central Garden & PETCENTA-100%
- Akebia TherapeuticsAKBA-100%
Holdings
- Hudbay MineralsHBM
- Share
- 3.5%
- Value
- $3m
- Shares
- 133,607
Held
- North American Construction GroupNOA
- Share
- 3.3%
- Value
- $3m
- Shares
- 226,537
Held
- Trekor MetalsTGB
- Share
- 2.7%
- Value
- $3m
- Shares
- 364,557
New
- DigitalBridge GroupDBRG
- Share
- 0.2%
- Value
- $218,742
- Shares
- 13,862
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| BancorpTBBK | 8.0% | $7m | 116,995 | -3% |
| Green DOTGDOT | 6.1% | $6m | 409,059 | New |
| Enova InternationalENVA | 5.8% | $5m | 21,824 | Held |
| Riot PlatformsRIOT | 5.7% | $5m | 189,729 | Held |
| DucommunDCO | 4.8% | $4m | 23,718 | -18% |
| ArcosaACA | 4.3% | $4m | 27,260 | -20% |
| FTAI InfrastructureFIP | 4.2% | $4m | 822,351 | Held |
| Triumph FinancialTFIN | 4.2% | $4m | 49,633 | +43% |
| Garrett MotionGTX | 4.0% | $4m | 101,167 | -34% |
| TidewaterTDW | 3.6% | $3m | 48,760 | Held |
| Hudbay MineralsHBM | 3.5% | $3m | 133,607 | Held |
| North American Construction GroupNOA | 3.3% | $3m | 226,537 | Held |
| Banc of CaliforniaBANC | 3.3% | $3m | 147,413 | -17% |
| Aebi Schmidt Holding AGAEBI | 3.2% | $3m | 234,969 | +52% |
| Trinity IndustriesTRN | 3.0% | $3m | 78,235 | Held |
| Myers IndustriesMYE | 2.9% | $3m | 75,487 | Held |
| MetallusMTUS | 2.8% | $3m | 136,651 | Held |
| Trekor MetalsTGB | 2.7% | $3m | 364,557 | New |
| United States AntimonyUAMY | 2.4% | $2m | 307,174 | Held |
| FerroglobeGSM | 2.4% | $2m | 690,000 | Held |
| Axos FinancialAX | 2.4% | $2m | 22,491 | Held |
| Franklin BSP Realty TrustFBRT | 2.4% | $2m | 267,856 | +66% |
| NI HoldingsNODK | 2.1% | $2m | 120,742 | Held |
| Pathward FinancialCASH | 2.0% | $2m | 21,144 | Held |
| Driven Brands HoldingsDRVN | 2.0% | $2m | 131,785 | New |
| Intellia TherapeuticsNTLA | 1.5% | $1m | 79,503 | -3% |
| Atlas Energy SolutionsAESI | 1.4% | $1m | 75,237 | Held |
| Revolve GroupRVLV | 1.4% | $1m | 53,916 | Held |
| AZZAZZ | 0.7% | $605,005 | 3,902 | Held |
| Solaris Energy InfrastructureSEI | 0.5% | $462,645 | 5,750 | Held |
| Talen EnergyTLN | 0.4% | $407,316 | 1,060 | Held |
| Franklin ElectricFELE | 0.4% | $367,340 | 3,427 | Held |
| Foster L BFSTR | 0.4% | $333,309 | 7,379 | Held |
| Idaho Strategic ResourcesIDR | 0.4% | $326,059 | 9,956 | Held |
| Caseys General StoresCASY | 0.3% | $317,916 | 400 | Held |
| Westinghouse Air Brake TechnologiesWAB | 0.3% | $245,875 | 912 | Held |
| Green Brick PartnersGRBK | 0.3% | $240,120 | 3,000 | New |
| CF Industries HoldingsCF | 0.2% | $226,913 | 2,096 | Held |
| DigitalBridge GroupDBRG | 0.2% | $218,742 | 13,862 | Held |
| BannerBANR | 0.2% | $201,247 | 3,029 | New |
| Gladstone LandLAND | 0.2% | $167,998 | 19,695 | Held |
| DMC GlobalBOOM | 0.1% | $122,893 | 21,152 | Held |
| TransoceanRIG | <0.1% | $49,805 | 10,185 | Held |
Options (1)
- Invesco QQQ TRQQQ
- Type
- Put
- Value
- $11m
- Contracts
- 15,500
| Company | Type | Value | Contracts |
|---|---|---|---|
| Invesco QQQ TRQQQ | Put | $11m | 15,500 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 0.9% since 30 June 2025.
Where the money is
Financial services40.0%
Industrials24.9%
Materials17.5%
Retail & consumer7.6%
Energy4.7%
Real estate2.6%
Health care1.5%
Utilities0.4%
Technology0.4%
Everyday goods0.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.