HC
Horrell Capital Management, Inc. Quarterly 13F Portfolio Update (Q3 2026)
Horrell Capital Management, Inc.CIK: 0001385925
Diversified strategySector-focusedMomentum follower
Total reported value
$188.8M
Reporting period: 2026-09-30 · Number of holdings: 197
Horrell Capital Management, Inc. disclosed 197 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $188.8M and a quarterly turnover rate of 19.5%.
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Personality snowflake
- Concentration
- 15.67
- Portfolio Stability
- 19.45
- Momentum
- 84.98
- Sector conviction
- 85.02
- Diversification
- 100
- Sizing Uniformity
- 74.02
Horrell Capital Management, Inc.'s disclosed holdings carry a Herfindahl concentration index of 0.039 — mathematically equivalent to about 26 equally-sized positions, well below its 197 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 2.60), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim FDX
-52.1% -$7.1M
Add DDS
-4.3% $2.3M
Trim LII
-4.3% -$4.7M
Trim JBHT
-1.6% -$3.7M
Add UNP
-4.3% -$671.1K
Trim 314352105
-4.3% -$1.3M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | ORLY | O'reilly Automotive Inc | Stock-Consumer Disc | 9.17% | +0.26% | -4.29% | |
| 2 | UNP | Union Pacific CORP | Stock-Industrials | 8.01% | +0.79% | -4.29% | |
| 3 | DDS | Dillards Inc-cl A | Stock-Other | 6.84% | +1.97% | -4.30% | |
| 4 | JBHT | Hunt (jb) Transprt Svcs Inc | Stock-Industrials | 6.32% | -0.84% | -1.60% | |
| 5 | MUSA | Murphy USA Inc | Stock-Consumer Disc | 5.15% | +0.19% | -4.30% | |
| 6 | AZO | Autozone Inc | Stock-Consumer Disc | 4.10% | -0.08% | -4.27% | |
| 7 | LII | Lennox International Inc | Stock-Industrials | 3.63% | -1.65% | -4.30% | |
| 8 | WMT | Walmart Inc | Stock-Consumer Staples | 3.57% | +0.08% | -3.86% | |
| 9 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 3.23% | +0.45% | -4.07% | |
| 10 | FDX | Fedex CORP | Stock-Industrials | 2.92% | -2.85% | -52.13% | |
| 11 | LMT | Lockheed Martin CORP | Stock-Industrials | 2.91% | +0.28% | -4.30% | |
| 12 | HD | Home Depot Inc | Stock-Consumer Disc | 2.91% | -0.34% | -4.30% | |
| 13 | LHX | L3harris Technologies Inc | Stock-Industrials | 2.42% | -0.26% | -4.29% | |
| 14 | NUE | Nucor CORP | Stock-Materials | 2.40% | +0.34% | -4.27% | |
| 15 | ETR | Entergy CORP | Stock-Utilities | 2.03% | -0.09% | -4.29% | |
| 16 | EAT | Brinker International Inc | Stock-Consumer Disc | 1.98% | +0.43% | -4.30% | |
| 17 | LOW | Lowe's Cos Inc | Stock-Consumer Disc | 1.90% | -0.15% | -4.27% | |
| 18 | OZK | Bank Ozk | Stock-Financials | 1.88% | -0.05% | -4.28% | |
| 19 | TGT | Target CORP | Stock-Consumer Disc | 1.60% | +0.40% | -4.30% | |
| 20 | YUM | Yum! Brands Inc | Stock-Consumer Disc | 1.44% | -0.08% | -4.15% | |
| 21 | PEP | Pepsico Inc | Stock-Consumer Staples | 1.37% | +0.06% | -4.08% | |
| 22 | AAPL | Apple Inc | Stock-Tech | 1.33% | +0.33% | -0.40% | |
| 23 | ARCB | Arcbest CORP | Stock-Other | 1.30% | -0.02% | -4.30% | |
| 24 | EHC | Encompass Health CORP | Stock-Healthcare | 1.24% | +0.31% | -4.30% | |
| 25 | DG | Dollar General CORP | Stock-Consumer Staples | 1.22% | +0.16% | -4.30% | |
| 26 | KR | Kroger Co | Stock-Consumer Staples | 1.20% | +0.18% | -4.30% | |
| 27 | DLTR | Dollar Tree Inc | Stock-Consumer Staples | 1.16% | +0.05% | -4.30% | |
| 28 | HOMB | Home Bancshares Inc | Stock-Financials | 1.15% | +0.10% | -4.29% | |
| 29 | ABBNY | Abb Ltd-spon Adr | Stock-Industrials | 0.97% | -0.03% | -4.30% | |
| 30 | SBUX | Starbucks CORP | Stock-Consumer Disc | 0.96% | +0.02% | -4.30% | |
| 31 | UPS | United Parcel Service-cl B | Stock-Industrials | 0.95% | -0.04% | -4.30% | |
| 32 | NSRGY | Nestle Sa-spons Adr | Stock-Other | 0.93% | -0.02% | -4.30% | |
| 33 | CRH | CRH plc | Stock-Materials | 0.85% | -0.14% | -4.30% | |
| 34 | WEST | Westrock Coffee Co | Stock-Other | 0.67% | +0.08% | -0.55% | |
| 35 | MSFT | Microsoft CORP | Stock-Tech | 0.59% | +0.18% | -9.56% | |
| 36 | CBRL | Cracker Barrel Old Country | Stock-Other | 0.54% | +0.05% | -4.30% | |
| 37 | TSN | Tyson Foods Inc-cl A | Stock-Consumer Staples | 0.53% | -0.01% | -4.14% | |
| 38 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 0.47% | +0.03% | — | |
| 39 | PAMT | Pamt CORP | Stock-Other | 0.47% | -0.05% | -4.29% | |
| 40 | SFNC | Simmons First Natl Corp-cl A | Stock-Other | 0.46% | +0.04% | -4.30% | |
| 41 | CNNE | Cannae Holdings Inc | Stock-Other | 0.34% | +0.06% | -0.24% | |
| 42 | GBTC | Grayscale Bitcoin Trust ETF | ETF-Crypto | 0.30% | +0.12% | +3.50% | |
| 43 | PPC | Pilgrim's Pride CORP | Stock-Consumer Staples | 0.28% | +0.02% | -4.30% | |
| 44 | T | At&t Inc | Stock-Comm Services | 0.26% | +0.06% | -4.09% | |
| 45 | OMC | Omnicom Group | Stock-Comm Services | 0.26% | +0.03% | -4.23% | |
| 46 | XLK | Ss Technology Select Sector | ETF-Tech | 0.22% | +0.03% | -1.92% | |
| 47 | LUV | Southwest Airlines Co | Stock-Industrials | 0.21% | -0.02% | -3.05% | |
| 48 | ✓ | Cummins Inc | Stock-Other | 0.21% | -0.03% | — | |
| 49 | STLD | Steel Dynamics Inc | Stock-Materials | 0.19% | +0.02% | — | |
| 50 | NPO | Enpro Inc | Stock-Industrials | 0.18% | -0.01% | — |
1–50 of 197
Portfolio Performance
Performance for Q4 2026
-6%
Performance Last 4 Quarters
+7%
- Stdev
- +15.1%
- Beta
- +0.9
- Alpha
- -8.3%
- Max Drawdown
- -12.9%
- Annualized Perf
- +11.6%
- Batting Avg vs S&P
- +38.9%
- Sortino
- +1.39
- Stutzer
- +0.24
- Treynor
- +0.14
- Sterling
- +0.61
- Calmar
- +0.9
- Information Ratio
- -1.01
- Tracking Error
- +10.5%
- Stdev Down
- +8.7%
- Winning Months %
- +61.1%
- Losing Months %
- +38.9%
- Best 12 Months
- +28.5%
- Worst 12 Months
- -3.4%
- Efficiency Ratio
- +0.3
- Sharpe
- +0.8
- Stdev Sectors
- +13.2%
- Skewness
- -0.01
- Kurtosis
- -0.67
- Upside Potential
- +3.19
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q3 | 197 | $188.8M | 19 | ||
| 2026 Q2 | 196 | $218.8M | 0 | ||
| 2026 Q1 | 194 | $219.5M | 11 | ||
| 2025 Q4 | 192 | $229.4M | 14 | ||
| 2025 Q3 | 196 | $237.7M | 17 | ||
| 2025 Q2 | 185 | $246.0M | 0 | ||
| 2025 Q1 | 178 | $239.2M | 100 | ||
| 2024 Q4 | 212 | $342.1M | 0 | ||
| 2024 Q3 | 215 | $335.6M | 0 | ||
| 2024 Q2 | 223 | $344.8M | 0 | ||
| 2024 Q1 | 228 | $361.1M | 0 | ||
| 2023 Q4 | 220 | $332.1M | 0 | ||
| 2023 Q3 | 213 | $300.6M | 0 | ||
| 2023 Q2 | 212 | $325.1M | 0 | ||
| 2023 Q1 | 208 | $320.0M | 0 | ||
| 2022 Q4 | 207 | $302.1M | 0 | ||
| 2022 Q3 | 202 | $274.1M | 0 | ||
| 2022 Q2 | 197 | $281.7M | 0 | ||
| 2022 Q1 | 203 | $307.4M | 0 | ||
| 2021 Q4 | 199 | $316.1M | 0 | ||
| 2021 Q3 | 198 | $262.1M | 0 | ||
| 2021 Q2 | 196 | $270.6M | 97 | ||
| 2021 Q1 | 198 | $253.7M | 19 | ||
| 2020 Q4 | 186 | $232.2M | 28 | ||
| 2020 Q3 | 182 | $216.0M | 19 | ||
| 2020 Q2 | 182 | $200.5M | 23 | ||
| 2020 Q1 | 179 | $165.9M | 33 | ||
| 2019 Q4 | 183 | $203.8M | 17 | ||
| 2019 Q3 | 199 | $210.5M | 21 | ||
| 2019 Q2 | 191 | $205.2M | 15 | ||
| 2019 Q1 | 193 | $195.7M | 20 | ||
| 2018 Q4 | 191 | $187.6M | 31 | ||
| 2018 Q3 | 186 | $201.8M | 17 | ||
| 2018 Q2 | 186 | $199.6M | 30 | ||
| 2018 Q1 | 174 | $190.5M | 25 | ||
| 2017 Q4 | 176 | $191.2M | 23 | ||
| 2017 Q3 | 173 | $180.9M | 15 | ||
| 2017 Q2 | 168 | $169.8M | 16 | ||
| 2017 Q1 | 171 | $161.1M | 23 | ||
| 2016 Q4 | 172 | $160.9M | 20 | ||
| 2016 Q3 | 174 | $159.0M | 24 | ||
| 2016 Q2 | 189 | $154.4M | 17 | ||
| 2016 Q1 | 180 | $161.1M | 19 | ||
| 2015 Q4 | 180 | $160.2M | 23 | ||
| 2015 Q3 | 202 | $157.6M | 19 | ||
| 2015 Q2 | 219 | $165.4M | 54 | ||
| 2015 Q1 | 323 | $232.1M | 15 | ||
| 2014 Q4 | 325 | $227.7M | 20 | ||
| 2014 Q3 | 321 | $208.7M | 14 | ||
| 2014 Q2 | 324 | $209.1M | 33 | ||
| 2014 Q1 | 287 | $196.6M | 32 | ||
| 2013 Q4 | 292 | $201.1M | 20 | ||
| 2013 Q3 | 294 | $187.9M | 17 | ||
| 2013 Q2 | 309 | $175.4M | 0 |
Holding changes this quarter
Horrell Capital Management, Inc.'s most significant position changes for 2026-09-30: Sold out: Fidelity National Info Serv (FIS); New buy: Eaton Corporation plc (ETN); Sold out: Community Health Systems Inc (CYH); New buy: Intl Business Machines CORP (IBM); New buy: Kraft Heinz Co/the (KHC).
Showing top 200 changes by size (of 205 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | DDS | Dillards Inc-cl A | +2% | -4.30% | Trim |
| 2 | UNP | Union Pacific CORP | +0.8% | -4.29% | Trim |
| 3 | AMZN | Amazon.com Inc | +0.5% | -4.07% | Trim |
| 4 | EAT | Brinker International Inc | +0.4% | -4.30% | Trim |
| 5 | TGT | Target CORP | +0.4% | -4.30% | Trim |
| 6 | NUE | Nucor CORP | +0.3% | -4.27% | Trim |
| 7 | AAPL | Apple Inc | +0.3% | -0.40% | Trim |
| 8 | EHC | Encompass Health CORP | +0.3% | -4.30% | Trim |
| 9 | LMT | Lockheed Martin CORP | +0.3% | -4.30% | Trim |
| 10 | ORLY | O'reilly Automotive Inc | +0.3% | -4.29% | Trim |
| 11 | MUSA | Murphy USA Inc | +0.2% | -4.30% | Trim |
| 12 | MSFT | Microsoft CORP | +0.2% | -9.56% | Trim |
| 13 | KR | Kroger Co | +0.2% | -4.30% | Trim |
| 14 | DG | Dollar General CORP | +0.2% | -4.30% | Trim |
| 15 | GBTC | Grayscale Bitcoin Trust ETF | +0.1% | +3.50% | Add |
| 16 | HOMB | Home Bancshares Inc | +0.1% | -4.29% | Trim |
| 17 | WMT | Walmart Inc | +0.1% | -3.86% | Trim |
| 18 | WEST | Westrock Coffee Co | +0.1% | -0.55% | Trim |
| 19 | PEP | Pepsico Inc | +0.1% | -4.08% | Trim |
| 20 | ETN | Eaton Corporation plc | +0.1% | NEW | New buy |
| 21 | T | At&t Inc | +0.1% | -4.09% | Trim |
| 22 | CNNE | Cannae Holdings Inc | +0.1% | -0.24% | Trim |
| 23 | DLTR | Dollar Tree Inc | +0.1% | -4.30% | Trim |
| 24 | CBRL | Cracker Barrel Old Country | +0.1% | -4.30% | Trim |
| 25 | BMNR | Bitmine Immersion Technologi | 0% | +25.12% | Add |
| 26 | ETHE | Grayscale Ethereum Staking E | 0% | -0.03% | Trim |
| 27 | IBIT | Ishares Bitcoin Trust ETF | 0% | +23.13% | Add |
| 28 | SFNC | Simmons First Natl Corp-cl A | 0% | -4.30% | Trim |
| 29 | XLE | Ss Energy Select Sector | 0% | — | Unchanged |
| 30 | IWM | Ishares Russell 2000 ETF | 0% | — | Unchanged |
| 31 | TMO | Thermo Fisher Scientific Inc | 0% | -8.33% | Trim |
| 32 | TBF | Proshares Short 20+ Treasury | 0% | — | Unchanged |
| 33 | OMC | Omnicom Group | 0% | -4.23% | Trim |
| 34 | GLD | Spdr Gold Shares | 0% | — | Unchanged |
| 35 | XLK | Ss Technology Select Sector | 0% | -1.92% | Trim |
| 36 | GRNY | Fundstr Gran Sh US Lrg Cap | 0% | +0.30% | Add |
| 37 | QCOM | Qualcomm Inc | 0% | — | Unchanged |
| 38 | SBUX | Starbucks CORP | 0% | -4.30% | Trim |
| 39 | PPC | Pilgrim's Pride CORP | 0% | -4.30% | Trim |
| 40 | ETH | Grayscale Ethereum Staking M | 0% | +106.51% | Add |
| 41 | IBM | Intl Business Machines CORP | 0% | NEW | New buy |
| 42 | NPSCY | Nippon Steel Corp-spon Adr | 0% | -4.30% | Trim |
| 43 | BTC | Grayscale Bitcoin Mini ETF | 0% | — | Unchanged |
| 44 | XOM | Exxon Mobil CORP | 0% | — | Unchanged |
| 45 | STLD | Steel Dynamics Inc | 0% | — | Unchanged |
| 46 | CAG | Conagra Brands Inc | 0% | -4.30% | Trim |
| 47 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | +3.65% | Add |
| 48 | GEL | Genesis Energy L.p. | 0% | — | Unchanged |
| 49 | MSOS | Advisorshares Pure US Cann | 0% | +9.17% | Add |
| 50 | IWF | Ishares Russell 1000 Growth | 0% | — | Unchanged |
1–50 of 200
Filing History
FAQ
What is Horrell Capital Management, Inc. and what type of investor is it?
Horrell Capital Management, Inc. is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $188.8M, spread across 197 disclosed positions.
What are Horrell Capital Management, Inc.'s largest equity positions?
Based on the latest 13F filing, Horrell Capital Management, Inc.'s top holdings by market value are:
1. O'reilly Automotive Inc (ORLY) — $17.3M (9.2%)
2. Union Pacific CORP (UNP) — $15.1M (8.0%)
3. Dillards Inc-cl A (DDS) — $12.9M (6.8%)
4. Hunt (jb) Transprt Svcs Inc (JBHT) — $11.9M (6.3%)
5. Murphy USA Inc (MUSA) — $9.7M (5.2%)
What changes did Horrell Capital Management, Inc. make in its most recent portfolio filing?
In the latest reported quarter, Horrell Capital Management, Inc. made 87 notable position adjustments: 8 new positions were initiated, 11 existing holdings were added to, 60 positions were partially reduced, and 8 were completely exited. The largest of these moves: Sold out: Fidelity National Info Serv (FIS); New buy: Eaton Corporation plc (ETN); Sold out: Community Health Systems Inc (CYH); New buy: Intl Business Machines CORP (IBM); New buy: Kraft Heinz Co/the (KHC)
What sectors does Horrell Capital Management, Inc. focus on?
Horrell Capital Management, Inc. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Consumer Discretionary: 38.6%
• Industrials: 34.1%
• Consumer Staples: 11.3%
• Financials: 4.2%
• Materials: 4.1%
• Information Technology: 2.7%
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Investment Profile
Horrell Capital Management, Inc. returned an annualized 11.6% over the trailing 36 months — underperforming the S&P 500 by 8.3 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.90 (less volatile than the market) and a 39% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 38.6% of the portfolio concentrated in Consumer Discretionary.
It has added to its NUE position over the past two quarters (+$738.5K, now $4.5M), while trimming ORLY over the same stretch (-$4.4M, still holding $17.3M).
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