Orchard Capital Management, LLC

Q1 2026 13F-HR Holdings

Location
Chicago, IL
Holdings as of
3/31/2026
Date filed
5/13/2026
Form type
13F-HR
Num holdings
46
Total value ($000)
$95,893
Net value change ($000)
-19,326 (-16.8%)
New positions
4
Sold out positions
3
Turnover %
58.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/12/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
TDW 1,591 65.4%
MYE 1,581 NEW
TGB 1,338 1311.8%
UAMY 1,130 73.9%
RIOT 1,060 83.9%
NOA 789 35.4%
DCO 777 28.3%
ARCB 666 32.6%
MTUS 626 39.6%
TRN 444 21.7%
Top Reduces (Value $000, Stocks/ETFs)
SPY -40,915 -100.0%
HBM -2,915 -51.4%
RVLV -1,625 -57.4%
AX -1,528 -44.7%
CRTO -1,181 -100.0%
TBBK -668 -9.3%
ENVA -461 -13.6%
AEBI -454 -23.2%
GSM -354 -11.2%
HRTX -341 -38.5%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 19,510 (20.3% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type