1y return+36.6%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2025: $150 against $133 in the S&P 500.2
Orchard Capital Management, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| TBBKBancorp Inc Del | $7.3M | 8.0% | −3.2% |
| GDOTGreen Dot Corp | $5.5M | 6.1% | New |
| ENVAEnova Intl Inc | $5.3M | 5.8% | +1.3% |
| RIOTRiot Platforms Inc | $5.2M | 5.7% | |
| DCODucommun Inc Del | $4.4M | 4.8% | −18.0% |
| ACAArcosa Inc | $4.0M | 4.3% | −20.2% |
| FIPFtai Infrastructure Inc | $3.8M | 4.2% | |
| TFINTriumph Financial Inc | $3.8M | 4.2% | +42.5% |
| GTXGarrett Motion Inc | $3.7M | 4.0% | −33.9% |
| TDWTidewater Inc New | $3.2M | 3.6% | +1.2% |
| HBMHudbay Minerals Inc | $3.2M | 3.5% | +1.3% |
| NOANorth Amern Constr Group Ltd | $3.0M | 3.3% | +1.2% |
| BANCBanc Of California Inc | $3.0M | 3.3% | −17.1% |
| Aebi Schmidt Hldg AgCUSIP H00501108 | $2.9M | 3.2% | +52.2% |
| TRNTrinity Inds Inc | $2.7M | 3.0% | +1.3% |
| MYEMyers Inds Inc | $2.7M | 2.9% | +1.2% |
| MTUSMetallus Inc | $2.6M | 2.8% | +1.2% |
| TGBTrekor Metals Ltd | $2.5M | 2.7% | New |
| UAMYUnited States Antimony Corp | $2.2M | 2.4% | |
| Ferroglobe PLCCUSIP G33856108 | $2.2M | 2.4% | +1.2% |
| AXAxos Financial Inc | $2.2M | 2.4% | +1.3% |
| FBRTFranklin Bsp Rlty Tr Inc | $2.2M | 2.4% | +65.6% |
| NODKNi Hldgs Inc | $1.9M | 2.1% | |
| CASHPathward Financial Inc | $1.8M | 2.0% | +1.2% |
| DRVNDriven Brands Hldgs Inc | $1.8M | 2.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| ENVAEnova Intl Inc | December 31, 2020 | +871.9% | $5.3M |
| GTXGarrett Motion Inc | June 30, 2023 | +378.6% | $3.7M |
| TBBKBancorp Inc Del | December 31, 2020 | +358.9% | $7.3M |
| HBMHudbay Minerals Inc | December 31, 2023 | +327.7% | $3.2M |
| AZZAzz Inc | June 30, 2023 | +256.8% | $605K |
| DCODucommun Inc Del | December 31, 2024 | +190.9% | $4.4M |
| ACAArcosa Inc | December 31, 2020 | +164.5% | $4.0M |
| AXAxos Financial Inc | December 31, 2020 | +159.5% | $2.2M |
| CASHPathward Financial Inc | December 31, 2020 | +138.1% | $1.8M |
| TLNTalen Energy Corp | September 30, 2024 | +115.6% | $407K |
Sold off last quarter
- ARCBArcbest Corp was $2.7M
- Greenlight Cap Re LtdCUSIP G4095J109 was $2.4M
- CENTCentral Garden & Pet Co was $1.6M
- Taseko Mines LtdCUSIP 876511106 was $1.4M
- HRTXHeron Therapeutics Inc was $544K
- CENTACentral Garden & Pet Co was $360K
- AKBAAkebia Threapeutics Inc was $74K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +21.2% | +14.8% |
| March 31, 2026 | +0.0% | −4.6% |
| December 31, 2025 | +3.2% | +2.4% |
| September 30, 2025 | +9.1% | +7.8% |
| June 30, 2025 | +9.8% | +10.5% |
| September 30, 2024 | +8.1% | +5.4% |
| June 30, 2024 | +0.4% | +4.0% |
| March 31, 2024 | +8.9% | +10.0% |
| December 31, 2023 | +9.9% | +11.2% |
| September 30, 2023 | −4.9% | −3.6% |
| June 30, 2023 | +15.0% | +8.3% |
| March 31, 2023 | +8.0% | +7.0% |
| December 31, 2022 | +10.0% | +7.1% |
| September 30, 2022 | −5.0% | −5.3% |
| June 30, 2022 | −20.3% | −16.5% |
| March 31, 2022 | −7.6% | −4.9% |
| December 31, 2021 | +3.2% | +10.7% |
| September 30, 2021 | −2.7% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Orchard Capital Management, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1858319&type=13F-HR&dateb=&owner=include&count=40CIK 1858319
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1858319/000110465926094664/Filed August 12, 2026 · accession 0001104659-26-094664