Orchard Capital Management, LLC
Net buyer this quarter
$103M
43
+$120K
45.0%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 TBBK | $7.33M | 7.14% | 0.29% | -3.2% | Q4 2020 |
 GDOT | $5.53M | 5.38% | 0.72% | New | Q2 2026 |
 ENVA | $5.25M | 5.12% | 0.09% | +1.3% | Q4 2020 |
 RIOT | $5.19M | 5.06% | 0.05% | +1.0% | Q3 2025 |
 DCO | $4.39M | 4.28% | 0.16% | -18.0% | Q4 2024 |
 ACA | $3.96M | 3.86% | 0.06% | -20.2% | Q4 2020 |
 FIP | $3.82M | 3.72% | 0.70% | +0.9% | Q3 2022 |
 TFIN | $3.79M | 3.69% | 0.21% | +42.5% | Q2 2025 |
 GTX | $3.67M | 3.57% | 0.05% | -33.9% | Q2 2023 |
 TDW | $3.25M | 3.17% | 0.10% | +1.2% | Q2 2023 |
 HBM | $3.15M | 3.07% | 0.03% | +1.3% | Q4 2023 |
 NOA | $3.01M | 2.94% | 0.79% | +1.2% | Q3 2024 |
 BANC | $3.01M | 2.93% | 0.10% | -17.1% | Q4 2023 |
 AEBI | $2.95M | 2.87% | 0.30% | +52.2% | Q3 2025 |
 TRN | $2.71M | 2.64% | 0.10% | +1.3% | Q4 2020 |
 MYE | $2.67M | 2.60% | 0.20% | +1.2% | Q1 2026 |
 MTUS | $2.55M | 2.49% | 0.33% | +1.2% | Q3 2025 |
 TGB | $2.51M | 2.44% | 0.10% | New | Q2 2026 |
 UAMY | $2.23M | 2.17% | 0.20% | +0.8% | Q4 2025 |
 GSM | $2.19M | 2.14% | 0.37% | +1.2% | Q4 2023 |
 AX | $2.19M | 2.13% | 0.04% | +1.3% | Q4 2020 |
 FBRT | $2.18M | 2.12% | 0.36% | +65.6% | Q1 2022 |
| NODK | $1.9M | 1.85% | 0.59% | +0.9% | Q4 2020 |
 CASH | $1.84M | 1.79% | 0.10% | +1.2% | Q4 2020 |
 DRVN | $1.84M | 1.79% | 0.08% | New | Q2 2026 |
 NTLA | $1.35M | 1.31% | 0.06% | -3.1% | Q2 2023 |
 AESI | $1.25M | 1.22% | 0.06% | +1.3% | Q4 2024 |
 RVLV | $1.23M | 1.20% | Not reported | +1.3% | Q2 2022 |
 AZZ | $605K | 0.59% | 0.01% | Not reported | Q4 2020 |
 SEI | $463K | 0.45% | Not reported | Not reported | Q4 2020 |
 TLN | $407K | 0.40% | 0.00% | Not reported | Q3 2024 |
 FELE | $367K | 0.36% | 0.01% | Not reported | Q4 2020 |
 FSTR | $333K | 0.32% | 0.07% | Not reported | Q1 2024 |
 IDR | $326K | 0.32% | 0.06% | Not reported | Q3 2025 |
 CASY | $318K | 0.31% | 0.00% | Not reported | Q2 2025 |
 WAB | $246K | 0.24% | 0.00% | Not reported | Q4 2022 |
 GRBK | $240K | 0.23% | 0.01% | Not reported | Q1 2023 |
 CF | $227K | 0.22% | 0.00% | Not reported | Q4 2022 |
 DBRG | $219K | 0.21% | 0.01% | Not reported | Q2 2021 |
 BANR | $201K | 0.20% | 0.01% | Not reported | Q4 2021 |
 LAND | $168K | 0.16% | 0.05% | Not reported | Q4 2020 |
 BOOM | $123K | 0.12% | 0.10% | Not reported | Q4 2020 |
 RIG | $49.8K | 0.05% | 0.00% | Not reported | Q4 2023 |
| Q1 2026 | |||||
| TBBK | $6.49M | 6.77% | 0.29% | +13.9% | Q4 2020 |
| FIP | $4.03M | 4.20% | 0.69% | Not reported | Q3 2022 |
| TDW | $4.02M | 4.20% | 0.10% | Not reported | Q2 2023 |
| ACA | $3.62M | 3.78% | 0.07% | Not reported | Q4 2020 |
| DCO | $3.53M | 3.68% | 0.19% | Not reported | Q4 2024 |
| BANC | $3.13M | 3.26% | 0.12% | Not reported | Q4 2023 |
| NOA | $3.02M | 3.15% | 0.78% | +44.4% | Q3 2024 |
| ENVA | $2.93M | 3.05% | 0.09% | Not reported | Q4 2020 |
| GSM | $2.81M | 2.93% | 0.36% | Not reported | Q4 2023 |
| GTX | $2.78M | 2.90% | 0.08% | Not reported | Q2 2023 |
| HBM | $2.76M | 2.87% | 0.03% | -53.8% | Q4 2023 |
 ARCB | $2.71M | 2.83% | 0.12% | Not reported | Q2 2022 |
| UAMY | $2.66M | 2.77% | 0.21% | Not reported | Q4 2025 |
| TRN | $2.49M | 2.59% | 0.10% | Not reported | Q4 2020 |
 GLRE | $2.4M | 2.50% | 0.41% | Not reported | Q4 2020 |
| RIOT | $2.32M | 2.42% | 0.05% | +88.5% | Q3 2025 |
| MTUS | $2.21M | 2.30% | 0.32% | +46.6% | Q3 2025 |
| TFIN | $2.08M | 2.17% | 0.15% | Not reported | Q2 2025 |
| AX | $1.89M | 1.97% | 0.04% | -44.0% | Q4 2020 |
| CASH | $1.86M | 1.94% | 0.10% | Not reported | Q4 2020 |
 CENT | $1.63M | 1.70% | 0.36% | Not reported | Q4 2020 |
| MYE | $1.58M | 1.65% | 0.20% | New | Q1 2026 |
| NODK | $1.54M | 1.61% | 0.58% | Not reported | Q4 2020 |
| AEBI | $1.5M | 1.56% | 0.20% | Not reported | Q3 2025 |
| FBRT | $1.37M | 1.43% | 0.21% | Not reported | Q1 2022 |
| RVLV | $1.2M | 1.26% | Not reported | -43.2% | Q2 2022 |
| NTLA | $1.05M | 1.10% | 0.07% | Not reported | Q2 2023 |
| AESI | $974K | 1.02% | 0.06% | Not reported | Q4 2024 |
 HRTX | $544K | 0.57% | 0.36% | Not reported | Q2 2021 |
| AZZ | $488K | 0.51% | 0.01% | Not reported | Q4 2020 |
| CENTA | $360K | 0.38% | Not reported | Not reported | Q1 2024 |
| TLN | $338K | 0.35% | 0.00% | -34.0% | Q3 2024 |
| SEI | $325K | 0.34% | Not reported | Not reported | Q4 2020 |
| IDR | $320K | 0.33% | 0.06% | Not reported | Q3 2025 |
| FELE | $316K | 0.33% | 0.01% | Not reported | Q4 2020 |
| CASY | $291K | 0.30% | 0.00% | Not reported | Q2 2025 |
| CF | $272K | 0.28% | 0.00% | Not reported | Q4 2022 |
| WAB | $228K | 0.24% | 0.00% | Not reported | Q4 2022 |
| DBRG | $214K | 0.22% | 0.01% | Not reported | Q2 2021 |
| FSTR | $206K | 0.21% | 0.07% | Not reported | Q1 2024 |
| LAND | $201K | 0.21% | 0.05% | Not reported | Q4 2020 |
| BOOM | $110K | 0.11% | 0.10% | Not reported | Q4 2020 |
 AKBA | $74.4K | 0.08% | 0.02% | Not reported | Q4 2020 |
| RIG | $67.5K | 0.07% | 0.00% | Not reported | Q4 2023 |
| Q4 2025 | |||||
 SPY | $40.9M | 35.51% | Not reported | Not reported | Q2 2025 |
| TBBK | $7.16M | 6.22% | 0.25% | -12.9% | Q4 2020 |
| HBM | $5.67M | 4.92% | 0.07% | -34.7% | Q4 2023 |
| FIP | $3.76M | 3.26% | 0.70% | +1.4% | Q3 2022 |
| ACA | $3.63M | 3.15% | 0.07% | +1.8% | Q4 2020 |
| BANC | $3.43M | 2.98% | 0.12% | +1.1% | Q4 2023 |
| AX | $3.42M | 2.97% | 0.07% | +1.6% | Q4 2020 |
| ENVA | $3.39M | 2.94% | 0.09% | +1.2% | Q4 2020 |
| GSM | $3.16M | 2.75% | 0.36% | +40.8% | Q4 2023 |
| RVLV | $2.83M | 2.46% | Not reported | +1.9% | Q2 2022 |
| DCO | $2.75M | 2.39% | 0.19% | +2.1% | Q4 2024 |
| GTX | $2.67M | 2.31% | 0.08% | -0.5% | Q2 2023 |
| TDW | $2.43M | 2.11% | 0.10% | +1.9% | Q2 2023 |
| NOA | $2.23M | 1.93% | 0.54% | +2.0% | Q3 2024 |
| TFIN | $2.18M | 1.89% | 0.15% | +1.9% | Q2 2025 |
| ARCB | $2.04M | 1.77% | 0.12% | +2.0% | Q2 2022 |
| TRN | $2.04M | 1.77% | 0.10% | +1.9% | Q4 2020 |
| GLRE | $2.03M | 1.76% | 0.41% | -43.3% | Q4 2020 |
| AEBI | $1.95M | 1.70% | 0.20% | +2.0% | Q3 2025 |
| FBRT | $1.62M | 1.41% | 0.20% | +2.0% | Q1 2022 |
| NODK | $1.59M | 1.38% | 0.58% | +0.7% | Q4 2020 |
| MTUS | $1.58M | 1.37% | 0.22% | +1.6% | Q3 2025 |
| UAMY | $1.53M | 1.33% | 0.22% | New | Q4 2025 |
| CASH | $1.48M | 1.29% | 0.09% | +2.8% | Q4 2020 |
| CENT | $1.43M | 1.24% | 0.36% | +0.6% | Q4 2020 |
| RIOT | $1.26M | 1.10% | 0.03% | +59.4% | Q3 2025 |
 CRTO | $1.18M | 1.02% | 0.11% | +1.3% | Q4 2020 |
| HRTX | $885K | 0.77% | 0.36% | +0.5% | Q2 2021 |
| NTLA | $737K | 0.64% | 0.07% | +0.5% | Q2 2023 |
| AESI | $699K | 0.61% | 0.06% | +2.6% | Q4 2024 |
| TLN | $602K | 0.52% | 0.00% | Not reported | Q3 2024 |
| AZZ | $418K | 0.36% | 0.01% | Not reported | Q4 2020 |
| IDR | $401K | 0.35% | 0.06% | Not reported | Q3 2025 |
| FELE | $327K | 0.28% | 0.01% | Not reported | Q4 2020 |
| CENTA | $324K | 0.28% | Not reported | +0.6% | Q1 2024 |
| SEI | $264K | 0.23% | Not reported | Not reported | Q4 2020 |
| CASY | $221K | 0.19% | 0.00% | Not reported | Q2 2025 |
| DBRG | $213K | 0.18% | 0.01% | Not reported | Q2 2021 |
 AWI | $206K | 0.18% | 0.00% | -40.6% | Q4 2021 |
| LAND | $180K | 0.16% | 0.05% | Not reported | Q4 2020 |
| BOOM | $142K | 0.12% | 0.10% | Not reported | Q4 2020 |
| AKBA | $86.2K | 0.07% | 0.02% | Not reported | Q4 2020 |
| RIG | $42.1K | 0.04% | 0.00% | Not reported | Q4 2023 |
| Q3 2025 | |||||
| TBBK | $9.12M | 7.88% | 0.27% | Not reported | Q4 2020 |
| HBM | $6.63M | 5.73% | 0.11% | +6.5% | Q4 2023 |
| FIP | $3.5M | 3.03% | 0.69% | +4.8% | Q3 2022 |
| AX | $3.3M | 2.86% | 0.07% | +3.0% | Q4 2020 |
| ACA | $3.14M | 2.72% | 0.07% | +2.9% | Q4 2020 |
| GLRE | $3.11M | 2.69% | 0.72% | +2.6% | Q4 2020 |
| ETNB | $3M | 2.59% | 0.14% | +3.0% | Q2 2021 |
| BANC | $2.91M | 2.52% | 0.12% | +2.5% | Q4 2023 |
| DCO | $2.72M | 2.35% | 0.19% | +3.4% | Q4 2024 |
| TDW | $2.52M | 2.18% | 0.10% | +3.0% | Q2 2023 |
| ENVA | $2.45M | 2.12% | 0.09% | +3.1% | Q4 2020 |
| GSM | $2.2M | 1.90% | 0.26% | +3.2% | Q4 2023 |
| NOA | $2.16M | 1.87% | 0.55% | +3.1% | Q3 2024 |
| TRN | $2.13M | 1.84% | 0.09% | +55.2% | Q4 2020 |
| GTX | $2.09M | 1.81% | 0.08% | -48.6% | Q2 2023 |
| RVLV | $1.96M | 1.69% | Not reported | +3.0% | Q2 2022 |
| ARCB | $1.89M | 1.63% | 0.12% | +3.2% | Q2 2022 |
| AEBI | $1.89M | 1.63% | 0.20% | New | Q3 2025 |
| FBRT | $1.72M | 1.49% | 0.19% | +3.1% | Q1 2022 |
| TFIN | $1.71M | 1.48% | 0.14% | +3.4% | Q2 2025 |
| NODK | $1.61M | 1.39% | 0.58% | +3.6% | Q4 2020 |
| CASH | $1.5M | 1.30% | 0.09% | +2.9% | Q4 2020 |
| MTUS | $1.5M | 1.29% | 0.22% | New | Q3 2025 |
| CENT | $1.44M | 1.24% | 0.36% | +3.3% | Q4 2020 |
| NTLA | $1.41M | 1.22% | 0.07% | +3.0% | Q2 2023 |
| CRTO | $1.28M | 1.10% | 0.11% | +3.1% | Q4 2020 |
| RIOT | $1.19M | 1.03% | 0.02% | New | Q3 2025 |
| HRTX | $853K | 0.74% | 0.44% | +2.6% | Q2 2021 |
| AESI | $823K | 0.71% | 0.06% | +3.3% | Q4 2024 |
| TLN | $683K | 0.59% | 0.00% | -43.8% | Q3 2024 |
| AZZ | $426K | 0.37% | 0.01% | Not reported | Q4 2020 |
| AWI | $356K | 0.31% | 0.00% | Not reported | Q4 2021 |
| PBPB | $356K | 0.31% | 0.07% | Not reported | Q4 2020 |
| IDR | $336K | 0.29% | 0.07% | New | Q3 2025 |
| FELE | $326K | 0.28% | 0.01% | Not reported | Q4 2020 |
| CENTA | $326K | 0.28% | Not reported | +3.3% | Q1 2024 |
| SEI | $230K | 0.20% | Not reported | Not reported | Q4 2020 |
| CASY | $226K | 0.20% | 0.00% | Not reported | Q2 2025 |
| GRBK | $222K | 0.19% | 0.01% | Not reported | Q1 2023 |
| DBRG | $162K | 0.14% | 0.01% | Not reported | Q2 2021 |
| PHLT | $155K | 0.13% | Not reported | Not reported | Q3 2021 |
| AKBA | $146K | 0.13% | 0.02% | Not reported | Q4 2020 |
| RIG | $31.8K | 0.03% | 0.00% | Not reported | Q4 2023 |