Orchard Capital Management, LLC Long-Term Concentrated

Location: Chicago, IL

CIK: 0001858319 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 13, 2026

Total Value: $95.89M (100.0% shares, 0.0% debt)

Holdings (46)

SPY STATE STR SPDR S&P 500 ETF T 20.3%

Value $19.51M Shares 30,000 Est. Cost $681.92 Unrealized —

TBBK BANCORP INC DEL 6.8%

Value $6.494M Shares 120,856 Est. Cost $19.29 Unrealized +231.6%

FIP FTAI INFRASTRUCTURE INC 4.2%

Value $4.026M Shares 815,038 Est. Cost $5.72 Unrealized +1.1%

TDW TIDEWATER INC NEW 4.2%

Value $4.024M Shares 48,166 Est. Cost $49.94 Unrealized +28.3%

ACA ARCOSA INC 3.8%

Value $3.625M Shares 34,150 Est. Cost $55.05 Unrealized +113.8%

DCO DUCOMMUN INC DEL 3.7%

Value $3.527M Shares 28,907 Est. Cost $65.67 Unrealized +75.9%

BANC BANC OF CALIFORNIA INC 3.3%

Value $3.127M Shares 177,885 Est. Cost $14.07 Unrealized +43.3%

NOA NORTH AMERN CONSTR GROUP LTD 3.1%

Value $3.018M Shares 223,913 Est. Cost $17.50 Unrealized -11.1%

ENVA ENOVA INTL INC 3.1%

Value $2.927M Shares 21,552 Est. Cost $31.29 Unrealized +398.5%

GSM FERROGLOBE PLC 2.9%

Value $2.809M Shares 681,745 Est. Cost $4.94 Unrealized +1.6%

GTX GARRETT MOTION INC 2.9%

Value $2.779M Shares 152,943 Est. Cost $8.63 Unrealized +119.0%

HBM HUDBAY MINERALS INC 2.9%

Value $2.756M Shares 131,866 Est. Cost $8.14 Unrealized +200.3%

ARCB ARCBEST CORP 2.8%

Value $2.711M Shares 27,564 Est. Cost $74.70 Unrealized +27.3%

UAMY UNITED STATES ANTIMONY CORP 2.8%

Value $2.659M Shares 304,623 Est. Cost $7.85 Unrealized +5.1%

TRN TRINITY INDS INC 2.6%

Value $2.486M Shares 77,244 Est. Cost $22.58 Unrealized +33.3%

GLRE GREENLIGHT CAP RE LTD 2.5%

Value $2.402M Shares 138,927 Est. Cost $9.51 Unrealized +46.0%

RIOT RIOT PLATFORMS INC 2.4%

Value $2.323M Shares 187,933 Est. Cost $15.44 Unrealized +2.8%

MTUS METALLUS INC 2.3%

Value $2.206M Shares 134,983 Est. Cost $17.40 Unrealized +13.3%

TFIN TRIUMPH FINANCIAL INC 2.2%

Value $2.077M Shares 34,821 Est. Cost $55.78 Unrealized +17.4%

AX AXOS FINANCIAL INC 2.0%

Value $1.89M Shares 22,208 Est. Cost $37.69 Unrealized +151.1%

CASH PATHWARD FINANCIAL INC 1.9%

Value $1.865M Shares 20,901 Est. Cost $36.69 Unrealized +132.2%

CENT CENTRAL GARDEN & PET CO 1.7%

Value $1.632M Shares 44,381 Est. Cost $33.93 Unrealized +3.2%

MYE MYERS INDS INC 1.6%

Value $1.581M Shares 74,628 Est. Cost $20.90 Unrealized 0.0%

NODK NI HLDGS INC 1.6%

Value $1.542M Shares 119,629 Est. Cost $17.38 Unrealized -22.9%

AEBI AEBI SCHMIDT HLDG AG 1.6%

Value $1.5M Shares 154,431 Est. Cost $11.41 Unrealized +28.2%

TGB TASEKO MINES LTD 1.5%

Value $1.44M Shares 223,259 Est. Cost $7.28 Unrealized +3.1%

FBRT FRANKLIN BSP RLTY TR INC 1.4%

Value $1.373M Shares 161,719 Est. Cost $12.72 Unrealized —

RVLV REVOLVE GROUP INC 1.3%

Value $1.204M Shares 53,246 Est. Cost $27.47 Unrealized +1.9%

NTLA INTELLIA THERAPEUTICS INC 1.1%

Value $1.052M Shares 82,030 Est. Cost $12.02 Unrealized +3.1%

AESI ATLAS ENERGY SOLUTIONS INC 1.0%

Value $974K Shares 74,249 Est. Cost $19.38 Unrealized -42.2%

HRTX HERON THERAPEUTICS INC 0.6%

Value $544K Shares 680,432 Est. Cost $5.66 Unrealized -76.9%

AZZ AZZ INC 0.5%

Value $488K Shares 3,902 Est. Cost $37.35 Unrealized +238.0%

CENTA CENTRAL GARDEN & PET CO 0.4%

Value $360K Shares 11,092 Est. Cost $31.82 Unrealized -1.0%

TLN TALEN ENERGY CORP 0.4%

Value $338K Shares 1,060 Est. Cost $138.87 Unrealized +165.2%

SEI SOLARIS ENERGY INFRAS INC 0.3%

Value $325K Shares 5,750 Est. Cost $31.12 Unrealized +70.4%

IDR IDAHO STRATEGIC RESOURCES 0.3%

Value $320K Shares 9,956 Est. Cost $23.61 Unrealized +76.2%

FELE FRANKLIN ELEC INC 0.3%

Value $316K Shares 3,427 Est. Cost $62.59 Unrealized +60.5%

CASY CASEYS GEN STORES INC 0.3%

Value $291K Shares 400 Est. Cost $459.22 Unrealized +37.4%

CF CF INDUSTRIES HOLD 0.3%

Value $272K Shares 2,096 Est. Cost $90.08 Unrealized 0.0%

WAB WABTEC 0.2%

Value $228K Shares 912 Est. Cost $238.93 Unrealized 0.0%

DBRG DIGITALBRIDGE GROUP INC 0.2%

Value $214K Shares 13,862 Est. Cost $16.78 Unrealized -8.3%

FSTR FOSTER L B CO 0.2%

Value $206K Shares 7,379 Est. Cost $29.92 Unrealized 0.0%

LAND GLADSTONE LD CORP 0.2%

Value $201K Shares 19,695 Est. Cost $9.15 Unrealized —

BOOM DMC GLOBAL INC 0.1%

Value $110K Shares 21,152 Est. Cost $6.90 Unrealized +17.2%

AKBA AKEBIA THREAPEUTICS INC 0.1%

Value $74,379 Shares 53,510 Est. Cost $2.43 Unrealized -43.1%

RIG TRANSOCEAN LTD 0.1%

Value $67,527 Shares 10,185 Est. Cost $6.69 Unrealized -22.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	30,000	$19.51M	20.3%	$681.92	—	Put	78462F103
TBBK	BANCORP INC DEL	120,856	$6.494M	6.8%	$19.29	+231.6%	COM	05969A105
FIP	FTAI INFRASTRUCTURE INC	815,038	$4.026M	4.2%	$5.72	+1.1%	COMMON STOCK	35953C106
TDW	TIDEWATER INC NEW	48,166	$4.024M	4.2%	$49.94	+28.3%	COM	88642R109
ACA	ARCOSA INC	34,150	$3.625M	3.8%	$55.05	+113.8%	COM	039653100
DCO	DUCOMMUN INC DEL	28,907	$3.527M	3.7%	$65.67	+75.9%	COM	264147109
BANC	BANC OF CALIFORNIA INC	177,885	$3.127M	3.3%	$14.07	+43.3%	COM	05990K106
NOA	NORTH AMERN CONSTR GROUP LTD	223,913	$3.018M	3.1%	$17.50	-11.1%	COM	656811106
ENVA	ENOVA INTL INC	21,552	$2.927M	3.1%	$31.29	+398.5%	COM	29357K103
GSM	FERROGLOBE PLC	681,745	$2.809M	2.9%	$4.94	+1.6%	SHS	G33856108
GTX	GARRETT MOTION INC	152,943	$2.779M	2.9%	$8.63	+119.0%	COM	366505105
HBM	HUDBAY MINERALS INC	131,866	$2.756M	2.9%	$8.14	+200.3%	COM	443628102
ARCB	ARCBEST CORP	27,564	$2.711M	2.8%	$74.70	+27.3%	COM	03937C105
UAMY	UNITED STATES ANTIMONY CORP	304,623	$2.659M	2.8%	$7.85	+5.1%	COM	911549103
TRN	TRINITY INDS INC	77,244	$2.486M	2.6%	$22.58	+33.3%	COM	896522109
GLRE	GREENLIGHT CAP RE LTD	138,927	$2.402M	2.5%	$9.51	+46.0%	CLASS A	G4095J109
RIOT	RIOT PLATFORMS INC	187,933	$2.323M	2.4%	$15.44	+2.8%	COM	767292105
MTUS	METALLUS INC	134,983	$2.206M	2.3%	$17.40	+13.3%	COM	887399103
TFIN	TRIUMPH FINANCIAL INC	34,821	$2.077M	2.2%	$55.78	+17.4%	COM	89679E300
AX	AXOS FINANCIAL INC	22,208	$1.89M	2.0%	$37.69	+151.1%	COM	05465C100
CASH	PATHWARD FINANCIAL INC	20,901	$1.865M	1.9%	$36.69	+132.2%	COM	59100U108
CENT	CENTRAL GARDEN & PET CO	44,381	$1.632M	1.7%	$33.93	+3.2%	COM	153527106
MYE	MYERS INDS INC	74,628	$1.581M	1.6%	$20.90	0.0%	COM	628464109
NODK	NI HLDGS INC	119,629	$1.542M	1.6%	$17.38	-22.9%	COM	65342T106
AEBI	AEBI SCHMIDT HLDG AG	154,431	$1.5M	1.6%	$11.41	+28.2%	COM	H00501108
TGB	TASEKO MINES LTD	223,259	$1.44M	1.5%	$7.28	+3.1%	COM	876511106
FBRT	FRANKLIN BSP RLTY TR INC	161,719	$1.373M	1.4%	$12.72	—	COMMON STOCK	35243J101
RVLV	REVOLVE GROUP INC	53,246	$1.204M	1.3%	$27.47	+1.9%	CL A	76156B107
NTLA	INTELLIA THERAPEUTICS INC	82,030	$1.052M	1.1%	$12.02	+3.1%	COM	45826J105
AESI	ATLAS ENERGY SOLUTIONS INC	74,249	$974K	1.0%	$19.38	-42.2%	COM NEW	642045108
HRTX	HERON THERAPEUTICS INC	680,432	$544K	0.6%	$5.66	-76.9%	COM	427746102
AZZ	AZZ INC	3,902	$488K	0.5%	$37.35	+238.0%	COM	002474104
CENTA	CENTRAL GARDEN & PET CO	11,092	$360K	0.4%	$31.82	-1.0%	CL A NON-VTG	153527205
TLN	TALEN ENERGY CORP	1,060	$338K	0.4%	$138.87	+165.2%	COM	87422Q109
SEI	SOLARIS ENERGY INFRAS INC	5,750	$325K	0.3%	$31.12	+70.4%	COM CL A	83418M103
IDR	IDAHO STRATEGIC RESOURCES	9,956	$320K	0.3%	$23.61	+76.2%	COM NEW	645827205
FELE	FRANKLIN ELEC INC	3,427	$316K	0.3%	$62.59	+60.5%	COM	353514102
CASY	CASEYS GEN STORES INC	400	$291K	0.3%	$459.22	+37.4%	COM	147528103
CF	CF INDUSTRIES HOLD	2,096	$272K	0.3%	$90.08	0.0%	COM	125269100
WAB	WABTEC	912	$228K	0.2%	$238.93	0.0%	COM	929740108
DBRG	DIGITALBRIDGE GROUP INC	13,862	$214K	0.2%	$16.78	-8.3%	CL A NEW	25401T603
FSTR	FOSTER L B CO	7,379	$206K	0.2%	$29.92	0.0%	COM	350060109
LAND	GLADSTONE LD CORP	19,695	$201K	0.2%	$9.15	—	COM	376549101
BOOM	DMC GLOBAL INC	21,152	$110K	0.1%	$6.90	+17.2%	COM	23291C103
AKBA	AKEBIA THREAPEUTICS INC	53,510	$74,379	0.1%	$2.43	-43.1%	COM	00972D105
RIG	TRANSOCEAN LTD	10,185	$67,527	0.1%	$6.69	-22.8%	REGISTERED SHS	H8817H100