Orion Capital Management LLC
SEC Form 13F institutional filer · CIK 0001846758
13F-HR · 212 reported holdings · 2026-03-31
Reported long-US-equity value
$0.13B
Top-10 concentration
56.7%
Orion Capital Management LLC — $133M AUM allocation strategy
Orion Capital Management LLC files SEC Form 13F and reports $133M of long US equity value across 212 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 17.8%, followed by Financials 10.1% and Communication Services 6.7%.
The top 10 holdings account for 57% 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.
Orion Capital Management LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$133M
total across 212 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
57% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SPYM +6.09K sh · +$456K+$IVZ +2.02K sh · +$394K+$QQQM +495 sh · +$70.1K
Biggest trims (shares)
−$SCHW −5.42K sh · +$208K−$BLK −2.94K sh · −$312K−$IVV −2.55K sh · −$1.32M
Exited to nil (held last quarter, gone now)
$BEN ($118K last qtr)$MSI ($30.3K last qtr)$HAS ($24.6K last qtr)$VST ($24.2K last qtr)
Sector allocation (share of reported value)
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)
- Technology Hardware, Storage & Peripherals8.6%—
- Interactive Media & Services6.7%—
- Asset Management & Custody Banks4.4%—
- Broadline Retail4.2%—
- Investment Banking & Brokerage3.9%—
- Semiconductors3.9%—
- Health Care Equipment3.2%—
- Systems Software3.0%—
- Other holdings62.1%—
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
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AAPL | Apple Inc | 44.9K | $11.4M | -56 | 8.6% |
| $GOOGL | Alphabet Inc | 22.2K | $6.38M | -556 | 4.8% |
| $IVZ | Invesco Ltd | 32.2K | $5.95M | +2.02K | 4.5% |
| $AMZN | Amazon.com Inc | 27.1K | $5.65M | -1.42K | 4.2% |
| $ISRG | Intuitive Surgical Inc | 9.1K | $4.2M | -30 | 3.2% |
| $MSFT | Microsoft Corporation | 10.9K | $4.03M | +22 | 3.0% |
| $SCHW | Charles Schwab Corporation | 129K | $3.88M | -5.42K | 2.9% |
| $NVDA | NVIDIA Corporation | 21.5K | $3.75M | -538 | 2.8% |
| $PLTR | Palantir Technologies Inc | 21.2K | $3.1M | -600 | 2.3% |
…and 203 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 IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-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.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.