Orchard Capital Management, LLC Long-Term Concentrated

CIK: 0001858319 · Show all filings

Period: Q4 2020 (Next →)

Filing Date: May 17, 2021

Total Value ($000): $234,612 (100.0% shares, 0.0% debt)

Holdings (44)

TBBK BANCORP INC DEL COM 7.2%

Value ($000) $17,005 Shares 1,245,822 Est. Cost $11.32 Unrealized 0.0%

AX AXOS FINANCIAL INC COM 5.8%

Value ($000) $13,575 Shares 361,712 Est. Cost $31.61 Unrealized 0.0%

ENVA ENOVA INTL INC COM 5.7%

Value ($000) $13,356 Shares 539,220 Est. Cost $20.48 Unrealized 0.0%

— MICHAELS COS INC COM 4.4%

Value ($000) $10,250 Shares 787,869 Est. Cost $13.01 Unrealized —

TRS TRIMAS CORP COM NEW 4.3%

Value ($000) $10,111 Shares 319,253 Est. Cost $27.36 Unrealized 0.0%

IMAX IMAX CORP COM 3.9%

Value ($000) $9,251 Shares 513,387 Est. Cost $13.78 Unrealized 0.0%

CASH META FINL GROUP INC COM 3.9%

Value ($000) $9,152 Shares 250,340 Est. Cost $29.86 Unrealized 0.0%

ACA ARCOSA INC COM 3.8%

Value ($000) $8,964 Shares 163,182 Est. Cost $50.24 Unrealized 0.0%

FFWM FIRST FNDTN INC COM 3.7%

Value ($000) $8,643 Shares 432,139 Est. Cost $16.08 Unrealized 0.0%

GLRE GREENLIGHT CAPITAL RE LTD CLASS A 3.6%

Value ($000) $8,451 Shares 1,156,142 Est. Cost $7.40 Unrealized 0.0%

ABCB AMERIS BANCORP COM 3.5%

Value ($000) $8,136 Shares 213,706 Est. Cost $30.24 Unrealized 0.0%

SXT SENSIENT TECHNOLOGIES CORP COM 3.4%

Value ($000) $7,890 Shares 106,951 Est. Cost $69.80 Unrealized 0.0%

EHC ENCOMPASS HEALTH CORP COM 3.3%

Value ($000) $7,793 Shares 94,242 Est. Cost $55.58 Unrealized 0.0%

CRTO CRITEO S A SPONS ADS 3.1%

Value ($000) $7,251 Shares 353,535 Est. Cost $20.51 Unrealized —

— COLONY CAP INC NEW CL A COM 3.1%

Value ($000) $7,230 Shares 1,503,169 Est. Cost $4.81 Unrealized —

TRN TRINITY INDS INC COM 3.0%

Value ($000) $7,127 Shares 270,082 Est. Cost $18.45 Unrealized 0.0%

— SCHNITZER STEEL INDS INC CL A 2.9%

Value ($000) $6,877 Shares 215,499 Est. Cost $31.91 Unrealized —

— WHOLE EARTH BRANDS INC COM CL A 2.9%

Value ($000) $6,768 Shares 620,924 Est. Cost $10.90 Unrealized —

MWA MUELLER WTR PRODS INC COM SER A 2.8%

Value ($000) $6,603 Shares 533,347 Est. Cost $10.59 Unrealized 0.0%

ARDX ARDELYX INC COM 2.6%

Value ($000) $5,993 Shares 926,340 Est. Cost $5.93 Unrealized 0.0%

AZZ AZZ INC COM 2.6%

Value ($000) $5,991 Shares 126,279 Est. Cost $37.93 Unrealized 0.0%

LGND LIGAND PHARMACEUTICALS INC COM NEW 2.5%

Value ($000) $5,860 Shares 58,921 Est. Cost $57.01 Unrealized 0.0%

— SUMMIT MATLS INC CL A 2.3%

Value ($000) $5,378 Shares 267,824 Est. Cost $20.08 Unrealized —

— CAPSTEAD MTG CORP COM NO PAR 2.2%

Value ($000) $5,127 Shares 882,368 Est. Cost $5.81 Unrealized —

CNTY CENTURY CASINOS INC COM 1.8%

Value ($000) $4,270 Shares 668,264 Est. Cost $5.78 Unrealized 0.0%

SEI SOLARIS OILFIELD INFRSTR INC COM CL A 1.6%

Value ($000) $3,795 Shares 466,224 Est. Cost $5.83 Unrealized 0.0%

CENT CENTRAL GARDEN & PET CO COM 1.6%

Value ($000) $3,731 Shares 96,637 Est. Cost $31.31 Unrealized 0.0%

PGC PEAPACK-GLADSTONE FINL CORP COM 1.6%

Value ($000) $3,697 Shares 162,453 Est. Cost $19.10 Unrealized 0.0%

JOUT JOHNSON OUTDOORS INC CL A 1.6%

Value ($000) $3,669 Shares 32,580 Est. Cost $90.94 Unrealized 0.0%

NODK NI HLDGS INC COM 1.5%

Value ($000) $3,525 Shares 214,670 Est. Cost $16.99 Unrealized 0.0%

UROV UROVANT SCIENCES LTD SHS 1.3%

Value ($000) $3,096 Shares 191,933 Est. Cost $16.13 Unrealized —

AKBA AKEBIA THERAPEUTICS INC COM 1.0%

Value ($000) $2,400 Shares 857,138 Est. Cost $2.92 Unrealized 0.0%

PYPL PAYPAL HLDGS INC COM 0.3%

Value ($000) $717 Shares 3,060 Est. Cost $206.72 Unrealized 0.0%

IPGP IPG PHOTONICS CORP COM 0.2%

Value ($000) $393 Shares 1,756 Est. Cost $200.31 Unrealized 0.0%

FELE FRANKLIN ELEC INC COM 0.1%

Value ($000) $343 Shares 4,960 Est. Cost $62.59 Unrealized 0.0%

FOXF FOX FACTORY HLDG CORP COM 0.1%

Value ($000) $340 Shares 3,220 Est. Cost $90.86 Unrealized 0.0%

LECO LINCOLN ELEC HLDGS INC COM 0.1%

Value ($000) $311 Shares 2,675 Est. Cost $109.53 Unrealized 0.0%

INTU INTUIT COM 0.1%

Value ($000) $288 Shares 759 Est. Cost $340.30 Unrealized 0.0%

FDX FEDEX CORP COM 0.1%

Value ($000) $260 Shares 1,000 Est. Cost $251.15 Unrealized 0.0%

CMCO COLUMBUS MCKINNON CORP N Y COM 0.1%

Value ($000) $240 Shares 6,245 Est. Cost $35.85 Unrealized 0.0%

— POTBELLY CORP COM 0.1%

Value ($000) $233 Shares 52,930 Est. Cost $4.40 Unrealized —

BOOM DMC GLOBAL INC COM 0.1%

Value ($000) $220 Shares 5,088 Est. Cost $39.43 Unrealized 0.0%

— BANKFINANCIAL CORP COM 0.1%

Value ($000) $153 Shares 17,434 Est. Cost $8.78 Unrealized —

LAND GLADSTONE LD CORP COM 0.1%

Value ($000) $149 Shares 10,160 Est. Cost $14.67 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TBBK	BANCORP INC DEL COM	1,245,822	$17,005	7.2%	$11.32	0.0%	COM	05969A105
AX	AXOS FINANCIAL INC COM	361,712	$13,575	5.8%	$31.61	0.0%	COM	05465C100
ENVA	ENOVA INTL INC COM	539,220	$13,356	5.7%	$20.48	0.0%	COM	29357K103
—	MICHAELS COS INC COM	787,869	$10,250	4.4%	$13.01	—	COM	59408Q106
TRS	TRIMAS CORP COM NEW	319,253	$10,111	4.3%	$27.36	0.0%	COM NEW	896215209
IMAX	IMAX CORP COM	513,387	$9,251	3.9%	$13.78	0.0%	COM	45245E109
CASH	META FINL GROUP INC COM	250,340	$9,152	3.9%	$29.86	0.0%	COM	59100U108
ACA	ARCOSA INC COM	163,182	$8,964	3.8%	$50.24	0.0%	COM	039653100
FFWM	FIRST FNDTN INC COM	432,139	$8,643	3.7%	$16.08	0.0%	COM	32026V104
GLRE	GREENLIGHT CAPITAL RE LTD CLASS A	1,156,142	$8,451	3.6%	$7.40	0.0%	CL A	G4095J109
ABCB	AMERIS BANCORP COM	213,706	$8,136	3.5%	$30.24	0.0%	COMC	03076K108
SXT	SENSIENT TECHNOLOGIES CORP COM	106,951	$7,890	3.4%	$69.80	0.0%	COM	81725T100
EHC	ENCOMPASS HEALTH CORP COM	94,242	$7,793	3.3%	$55.58	0.0%	COM	29261A100
CRTO	CRITEO S A SPONS ADS	353,535	$7,251	3.1%	$20.51	—	SPONSORED ADS	226718104
—	COLONY CAP INC NEW CL A COM	1,503,169	$7,230	3.1%	$4.81	—	COM CL A	19626G108
TRN	TRINITY INDS INC COM	270,082	$7,127	3.0%	$18.45	0.0%	COM	896522109
—	SCHNITZER STEEL INDS INC CL A	215,499	$6,877	2.9%	$31.91	—	CL A	806882106
—	WHOLE EARTH BRANDS INC COM CL A	620,924	$6,768	2.9%	$10.90	—	COM CL A	96684W100
MWA	MUELLER WTR PRODS INC COM SER A	533,347	$6,603	2.8%	$10.59	0.0%	COM	624758108
ARDX	ARDELYX INC COM	926,340	$5,993	2.6%	$5.93	0.0%	COM	039697107
AZZ	AZZ INC COM	126,279	$5,991	2.6%	$37.93	0.0%	COM	002474104
LGND	LIGAND PHARMACEUTICALS INC COM NEW	58,921	$5,860	2.5%	$57.01	0.0%	COM NEW	53220K504
—	SUMMIT MATLS INC CL A	267,824	$5,378	2.3%	$20.08	—	CL A	86614U100
—	CAPSTEAD MTG CORP COM NO PAR	882,368	$5,127	2.2%	$5.81	—	COM	14067E506
CNTY	CENTURY CASINOS INC COM	668,264	$4,270	1.8%	$5.78	0.0%	COM	156492100
SEI	SOLARIS OILFIELD INFRSTR INC COM CL A	466,224	$3,795	1.6%	$5.83	0.0%	COM CL A	83418M103
CENT	CENTRAL GARDEN & PET CO COM	96,637	$3,731	1.6%	$31.31	0.0%	COM	153527106
PGC	PEAPACK-GLADSTONE FINL CORP COM	162,453	$3,697	1.6%	$19.10	0.0%	COM	704699107
JOUT	JOHNSON OUTDOORS INC CL A	32,580	$3,669	1.6%	$90.94	0.0%	CL A	479167108
NODK	NI HLDGS INC COM	214,670	$3,525	1.5%	$16.99	0.0%	COM	65342T106
UROV	UROVANT SCIENCES LTD SHS	191,933	$3,096	1.3%	$16.13	—	SHS	G9381B108
AKBA	AKEBIA THERAPEUTICS INC COM	857,138	$2,400	1.0%	$2.92	0.0%	COM	00972D105
PYPL	PAYPAL HLDGS INC COM	3,060	$717	0.3%	$206.72	0.0%	COM	70450Y103
IPGP	IPG PHOTONICS CORP COM	1,756	$393	0.2%	$200.31	0.0%	COM	44980X109
FELE	FRANKLIN ELEC INC COM	4,960	$343	0.1%	$62.59	0.0%	COM	353514102
FOXF	FOX FACTORY HLDG CORP COM	3,220	$340	0.1%	$90.86	0.0%	COM	35138V102
LECO	LINCOLN ELEC HLDGS INC COM	2,675	$311	0.1%	$109.53	0.0%	COM	533900106
INTU	INTUIT COM	759	$288	0.1%	$340.30	0.0%	COM	461202103
FDX	FEDEX CORP COM	1,000	$260	0.1%	$251.15	0.0%	COM	31428X106
CMCO	COLUMBUS MCKINNON CORP N Y COM	6,245	$240	0.1%	$35.85	0.0%	COM	199333105
—	POTBELLY CORP COM	52,930	$233	0.1%	$4.40	—	COM	73754Y100
BOOM	DMC GLOBAL INC COM	5,088	$220	0.1%	$39.43	0.0%	COM	23291C103
—	BANKFINANCIAL CORP COM	17,434	$153	0.1%	$8.78	—	COM	06643P104
LAND	GLADSTONE LD CORP COM	10,160	$149	0.1%	$14.67	—	COM	376549101