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Orchard Capital Management, LLC

CIK:0001858319
Investment Adviser
$322M AUM
39 holdings
Chicago, IL, United States
Founded:2015
5 employees
Latest filing:Jun 30, 2025

Orchard Capital Management, LLC is a Chicago-based SEC-registered investment adviser founded in 2015. The firm advises on approximately $322 million in regulatory assets under management as of March 2025, serving primarily institutional clients through investment companies and separately managed accounts. With a small team of around 5 employees, the firm focuses on public securities and delivers portfolio management to a select client base.

Investment Strategy

Orchard Capital Management, LLC specializes in managing equity investment portfolios, focusing on public markets. The firm employs a research-driven investment process to identify undervalued securities with attractive risk/reward profiles. Their portfolio is diversified across sectors, and recent filings highlight a multi-sector approach including financials, infrastructure, energy, and other industries, suggesting active management based on value and special situations in U.S. equities.

Top Buys
S
SPYSPDR S&P 500 ETF TR
+$24.7M
T
TFINTRIUMPH FINANCIAL INC
+$1.8M
T
TLNTALEN ENERGY CORP
+$260.5K
C
CASYCASEYS GEN STORES INC
+$204.1K
A
AKBAAKEBIA THERAPEUTICS INC
+$92.0K
Top Sells
C
CASHPATHWARD FINANCIAL INC
-$6.9M
E
ENVAENOVA INTL INC
-$6.4M
C
CRTOCRITEO S A
-$6.3M
T
TBBKBANCORP INC DEL
-$4.2M
A
AXAXOS FINANCIAL INC
-$3.5M

Top Holdings

S
SPYSPDR S&P 500 ETF TR
+27.3%$24.7M
T
TBBKBANCORP INC DEL
+7.7%$6.9M
F
FIPFTAI INFRASTRUCTURE INC
+5.2%$4.7M
H
HBMHUDBAY MINERALS INC
+4.8%$4.4M
G
GLREGREENLIGHT CAPITAL RE LTD
+3.8%$3.4M

Equity Positions (39)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
S
SPY
SPDR S&P 500 ETF TR27.33%$24.7M40,000$617.85$617.85+$24.7M
T
TBBK
BANCORP INC DEL7.67%$6.9M121,736$15.20$56.97-$4.2M
F
FIP
FTAI INFRASTRUCTURE INC5.23%$4.7M766,784$4.33$6.17-$2.6M
H
HBM
HUDBAY MINERALS INC4.82%$4.4M410,823$7.48$10.61-$1.1M
G
GLRE
GREENLIGHT CAPITAL RE LTD3.79%$3.4M238,771$9.90$14.37-$3.5M

Industry Allocation

NATIONAL COMMERCIAL BANKS
+12.1%
METAL MINING
+6.7%
FIRE, MARINE & CASUALTY INSURANCE
+5.4%
WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS
+5.2%
PHARMACEUTICAL PREPARATIONS
+3.9%