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Horrell Capital Management, Inc.

SEC Form 13F institutional filer · CIK 0001385925

13F-HR · 104 reported holdings · 2026-03-31

Reported long-US-equity value

$0.17B

Top-10 concentration

65.3%

Horrell Capital Management, Inc. — $168M AUM allocation strategy

Horrell Capital Management, Inc. files SEC Form 13F and reports $168M of long US equity value across 104 reported holdings for 2026-03-31.

Its largest sector bet is Industrials 36.2%, followed by Consumer Discretionary 32.4% and Consumer Staples 14.2%.

The top 10 holdings account for 65% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

Horrell Capital Management, Inc. — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$168M

total across 104 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

65% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$VZ$AAPL$INTC

+$VZ +91 sh · +$5.8K+$AAPL +66 sh · −$131K+$INTC +45 sh · +$4.41K

Biggest trims (shares)

$ORLY$WMT$UNP

−$ORLY −20.9K sh · −$1.65M−$WMT −5.98K sh · +$286K−$UNP −5.74K sh · −$600K

Added from nil (new positions)

$PPL$SYY$CVX$MO$PLTR

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$PTC$TTD

$PTC ($1K last qtr)$TTD ($1K last qtr)

Sector allocation (share of reported value)

Industrials 36%Consumer Discretionary 32%Consumer Staples 14%Utilities 3%Materials 2%Other holdings 12%SECTORS
  • $XLIIndustrials36.2%
  • $XLYConsumer Discretionary32.4%
  • $XLPConsumer Staples14.2%
  • $XLUUtilities3.0%
  • $XLBMaterials2.3%
  • Other holdings12.0%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Automotive Retail 19%Consumer Staples Merchandise Retail 10%Rail Transportation 9%Aerospace & Defense 9%Home Improvement Retail 8%Cargo Ground Transportation 7%Building Products 6%Air Freight & Logistics 5%Other holdings 27%INDUSTRIES
  • Automotive Retail19.3%
  • Consumer Staples Merchandise Retail10.1%
  • Rail Transportation9.3%
  • Aerospace & Defense9.1%
  • Home Improvement Retail7.6%
  • Cargo Ground Transportation7.0%
  • Building Products6.2%
  • Air Freight & Logistics4.8%
  • Other holdings26.8%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$ORLYO'Reilly Automotive Inc235K$21.7M-20.9K12.9%
$UNPUnion Pacific Corporation64.4K$15.6M-5.74K9.3%
$JBHTJ.B. Hunt Transport Services Inc54.9K$11.6M-1.99K6.9%
$AZOAutoZone Inc3.17K$10.7M-2796.4%
$LIILennox International Inc22.3K$10.4M-1.99K6.2%
$WMTWalmart Inc74.1K$9.2M-5.98K5.5%
$FDXFedEx Corporation22.4K$7.96M-1.99K4.7%
$LHXL3Harris Technologies Inc22.3K$7.71M-1.99K4.6%
$LMTLockheed Martin Corporation12.5K$7.55M-1.12K4.5%
$HDHome Depot Inc22.3K$7.35M-1.99K4.4%

…and 94 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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