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Orchard Capital Management, LLC

Q3 2025 · Filed 2025-11-12
Market Value
$74M
-18.3%
Holdings
44
+2
New Purchases
5
Added To
25
Closed
2
Reduced
2
Top 10 Concentration
54.1%
Turnover
15.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TBBK 12.34% 7.67% +4.67% $9M
HBM 8.98% 4.82% +4.16% $7M
TMST 2.03% 0.00% +2.03% $1M
ETNB 4.06% 2.15% +1.91% $3M
RIOT 1.61% 0.00% +1.61% $1M
TRN 2.88% 1.46% +1.42% $2M
AX 4.47% 3.19% +1.29% $3M
BANC 3.94% 2.67% +1.28% $3M
DCO 3.68% 2.50% +1.18% $3M
ACA 4.25% 3.13% +1.13% $3M
NTLA 1.91% 0.82% +1.09% $1M
GSM 2.98% 1.90% +1.08% $2M
TDW 3.41% 2.34% +1.07% $3M
ENVA 3.32% 2.55% +0.77% $2M
RVLV 2.65% 1.98% +0.67% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPY 0.00% 27.33% -27.33% $0
SHYF 0.00% 1.96% -1.96% $0
GTX 2.83% 3.47% -0.64% $2M
FIP 4.74% 5.23% -0.49% $4M
HRTX 1.16% 1.51% -0.36% $853K
AKBA 0.20% 0.22% -0.02% $146K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 1 $0 0.0%
Large Cap 2 $909K 1.2%
Mid Cap 23 $47M 64.2%
Small Cap 15 $23M 31.0%
Micro Cap 3 $3M 3.5%

Portfolio Analytics

Avg Market Cap
$21.1B
Median Market Cap
$2.3B
Avg P/E
44.4
Median P/E
15.8
Avg Dividend Yield
0.01%
Avg Beta
1.23
# Stocks
43
# ETFs / Funds
1

Top Holdings (44 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TBBK 12.34% 121,736 $9M $74.89 $2M
2 HBM 8.98% 437,527 $7M $15.16 $2M +26,704 +6.5%
3 FIP 4.74% 803,768 $4M $4.36 -$1M +36,984 +4.8%
4 AX 4.47% 39,039 $3M $84.65 $424K +1,153 +3.0%
5 ACA 4.25% 33,539 $3M $93.71 $315K +928 +2.9%
6 GLRE 4.21% 244,869 $3M $12.70 -$321K +6,098 +2.5%
7 ETNB 4.06% 204,114 $3M $14.70 $1M +5,995 +3.0%
8 BANC 3.94% 176,030 $3M $16.55 $501K +4,313 +2.5%
9 DCO 3.68% 28,301 $3M $96.13 $458K +923 +3.4%
10 TDW 3.41% 47,260 $3M $53.33 $404K +1,380 +3.0%
11 ENVA 3.32% 21,295 $2M $115.09 $147K +632 +3.1%
12 GSM 2.98% 484,338 $2M $4.55 $482K +15,188 +3.2%
13 NOA 2.92% 152,138 $2M $14.20 -$199K +4,511 +3.1%
14 TRN 2.88% 75,836 $2M $28.04 $807K +26,978 +55.2%
15 GTX 2.83% 153,699 $2M $13.62 -$1M -145,033 -48.5%
16 RVLV 2.65% 91,949 $2M $21.30 $169K +2,678 +3.0%
17 ARCB 2.56% 27,014 $2M $69.87 -$128K +836 +3.2%
18 FBRT 2.33% 158,590 $2M $10.86 $78K +4,762 +3.1%
19 TFIN 2.31% 34,161 $2M $50.04 -$112K +1,119 +3.4%
20 NODK 2.18% 118,817 $2M $13.56 $149K +4,085 +3.6%
21 CASH 2.04% 20,331 $2M $74.01 -$59K +565 +2.9%
22 TMST 2.03% 90,618 $1M $16.53 +90,618 NEW
23 CENT 1.95% 44,120 $1M $32.65 -$62K +1,400 +3.3%
24 NTLA 1.91% 81,598 $1M $17.27 $666K +2,390 +3.0%
25 CRTO 1.73% 56,551 $1M $22.60 -$36K +1,724 +3.1%
26 RIOT 1.61% 62,533 $1M $19.03 +62,533 NEW
27 HRTX 1.16% 677,290 $853K $1.26 -$513K +17,357 +2.6%
28 AESI 1.11% 72,392 $823K $11.37 -$114K +2,294 +3.3%
29 TLN 0.92% 1,606 $683K $425.38 -$148K -1,253 -43.8%
30 AZZ 0.58% 3,902 $426K $109.13 $57K
31 AWI 0.48% 1,816 $356K $196.01 $61K
32 PBPB 0.48% 20,888 $356K $17.04 $100K
33 IDR 0.46% 9,956 $336K $33.79 +9,956 NEW
34 FELE 0.44% 3,427 $326K $95.20 $19K
35 CENTA 0.44% 11,029 $326K $29.53 -$8K +350 +3.3%
36 SEI 0.31% 5,750 $230K $39.97 +5,750 NEW
37 CASY 0.31% 400 $226K $565.32 $22K
38 GRBK 0.30% 3,000 $222K $73.86 +3,000 NEW
39 0YY7.L 0.22% 13,862 $162K $11.70 $19K
40 PHLT 0.21% 20,000 $155K $7.73 $75K
41 AKBA 0.20% 53,510 $146K $2.73 -$49K
42 RIG 0.04% 10,185 $32K $3.12 $5K
43 SPY —% -$25M -40,000 -100.0% SOLD
44 SHYF —% -$2M -140,989 -100.0% SOLD

Options Breakdown

0 Calls $0 Call Value 1 Puts $40M Put Value

Top Puts

SymbolSharesValueStatus
SPY 60,000 $40M NEW

New Positions

SymbolValue% Port
TMST $1M 2.03%
RIOT $1M 1.61%
IDR $336K 0.46%
SEI $230K 0.31%
GRBK $222K 0.30%

Sold Out Positions

SymbolValue% Port
SPY —%
SHYF —%
View SEC EDGAR Filings for Orchard Capital Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms