13F HOLDINGS REPORT
Orchard Capital Management, LLC
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001104659-25-077272
Total Value
$90.4M
Positions
39
Other Managers
0
Confidential Omitted
No
Holdings (39)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 40,000 | $24.7M | 27.33% |
| 2 | BANCORP INC DEL | TBBK | 121,736 | $6.9M | 7.67% |
| 3 | FTAI INFRASTRUCTURE INC | FIP | 766,784 | $4.7M | 5.23% |
| 4 | HUDBAY MINERALS INC | HBM | 410,823 | $4.4M | 4.82% |
| 5 | GREENLIGHT CAPITAL RE LTD | GLRE | 238,771 | $3.4M | 3.79% |
| 6 | GARRETT MOTION INC | GTX | 298,732 | $3.1M | 3.47% |
| 7 | AXOS FINANCIAL INC | AX | 37,886 | $2.9M | 3.19% |
| 8 | ARCOSA INC | ACA | 32,611 | $2.8M | 3.13% |
| 9 | BANC OF CALIFORNIA INC | BANC-PF | 171,717 | $2.4M | 2.67% |
| 10 | NORTH AMERN CONSTR GROUP LTD | 656811106 | 147,627 | $2.4M | 2.61% |
| 11 | ENOVA INTL INC | 29357K103 | 20,663 | $2.3M | 2.55% |
| 12 | DUCOMMUN INC DEL | DCO | 27,378 | $2.3M | 2.50% |
| 13 | TIDEWATER INC NEW | TDGMW | 45,880 | $2.1M | 2.34% |
| 14 | ARCBEST CORP | ARCB | 26,178 | $2.0M | 2.23% |
| 15 | 89BIO INC | 282559103 | 198,119 | $1.9M | 2.15% |
| 16 | TRIUMPH FINANCIAL INC | TFIN-P | 33,042 | $1.8M | 2.01% |
| 17 | REVOLVE GROUP INC | RVLV | 89,271 | $1.8M | 1.98% |
| 18 | SHYFT GROUP INC | 825698103 | 140,989 | $1.8M | 1.96% |
| 19 | FERROGLOBE PLC | GSM | 469,150 | $1.7M | 1.90% |
| 20 | FRANKLIN BSP RLTY TR INC | 35243J101 | 153,828 | $1.6M | 1.82% |
| 21 | PATHWARD FINANCIAL INC | CASH | 19,766 | $1.6M | 1.73% |
| 22 | CENTRAL GARDEN & PET CO | CENTA | 42,720 | $1.5M | 1.66% |
| 23 | NI HLDGS INC | NODK | 114,732 | $1.5M | 1.62% |
| 24 | HERON THERAPEUTICS INC | HRTX | 659,933 | $1.4M | 1.51% |
| 25 | TRINITY INDS INC | 896522109 | 48,858 | $1.3M | 1.46% |
| 26 | CRITEO S A | CRTO | 54,827 | $1.3M | 1.45% |
| 27 | ATLAS ENERGY SOLUTIONS INC | AESI | 70,098 | $937,210 | 1.04% |
| 28 | TALEN ENERGY CORP | TLN | 2,859 | $831,311 | 0.92% |
| 29 | INTELLIA THERAPEUTICS INC | NTLA | 79,208 | $742,971 | 0.82% |
| 30 | AZZ INC | AZZ | 3,902 | $368,661 | 0.41% |
| 31 | CENTRAL GARDEN & PET CO | CENTA | 10,679 | $334,146 | 0.37% |
| 32 | FRANKLIN ELEC INC | FELE | 3,427 | $307,539 | 0.34% |
| 33 | ARMSTRONG WORLD INDS INC NEW | 04247X102 | 1,816 | $294,991 | 0.33% |
| 34 | POTBELLY CORP | 73754Y100 | 20,888 | $255,878 | 0.28% |
| 35 | CASEYS GEN STORES INC | 147528103 | 400 | $204,108 | 0.23% |
| 36 | AKEBIA THERAPEUTICS INC | AKBA | 53,510 | $194,776 | 0.22% |
| 37 | DIGITALBRIDGE GROUP INC | DBRG-PJ | 13,862 | $143,472 | 0.16% |
| 38 | PERFORMANT HEALTHCARE INC | 71377E105 | 20,000 | $80,000 | 0.09% |
| 39 | TRANSOCEAN LTD | RIG | 10,185 | $26,379 | 0.03% |