Horrell Capital Management, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Horrell Capital Management, Inc. reported 178 stock positions worth $239.2 million. Its top holding was O'reilly Automotive (ORLY) at 11.3% of the portfolio, followed by Union Pacific (UNP, 7.6%) and Lennox International (LII, 6.3%). Compared with Q4 2024, it opened 2 new positions, sold out of 36, added to 62 and reduced 5. The biggest buy was O'reilly Automotive (ORLY, shares +1%) and the biggest sale an exit from Resources Connection (RGP).

Most Recent 13F
Q2 2026
Location
LITTLE ROCK, AR
CIK
0001385925
Portfolio Value
$239.2M (Q1 2025)
SEC Filing
0001385925-25-000003 ↗ filed May 12, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $361.1M Q1 2024 Q2 2024: $344.8M Q2 2024 Q3 2024: $335.6M Q3 2024 Q4 2024: $342.1M Q4 2024 Q1 2025: $239.2M $239.2M Q1 2025 Q2 2025: $246.0M Q2 2025 Q3 2025: $237.7M Q3 2025 Q4 2025: $229.4M Q4 2025 Q1 2026: $219.5M Q1 2026 Q2 2026: $218.8M Q2 2026

Holdings 178 stocks · $239.2M
ORLY O'reilly Automotive Inc. 11.26% 18,805 $26.9M Add +0.7%
UNP Union Pacific Corp. 7.64% 77,322 $18.3M Add +0.7%
LII Lennox International Inc. 6.29% 26,830 $15.0M Add +0.7%
AZO AutoZone Inc. 6.05% 3,794 $14.5M Add +0.6%
MUSA Murphy USA Inc. 5.27% 26,830 $12.6M Add +0.7%
HD Home Depot Inc. 4.11% 26,830 $9.8M Add +0.7%
DDS Dillards Inc. Class A 4.02% 26,830 $9.6M Add +0.7%
JBHT Hunt (jb) Transprt SVCS Inc. 3.51% 56,739 $8.4M Add +0.3%
WMT Walmart Inc. 3.20% 87,122 $7.6M Add +0.6%
LMT Lockheed Martin Corp. 2.80% 15,014 $6.7M Add +0.7%
FDX FedEx Corp. 2.74% 26,848 $6.5M Add +0.7%
AMZN Amazon.com Inc. 2.66% 33,503 $6.4M Add +0.6%
LOW Lowe's Cos Inc. 2.63% 26,976 $6.3M Add +0.7%
LHX L3HARRIS Technologies Inc. 2.35% 26,830 $5.6M Add +0.7%
OZK Bank Ozk 1.95% 107,570 $4.7M Add +0.7%
ETR Entergy Corp. 1.91% 53,471 $4.6M Add +0.3%
YUM Yum! Brands Inc. 1.81% 27,540 $4.3M Add +0.6%
PEP Pepsico Inc. 1.76% 28,045 $4.2M Add +0.6%
EAT Brinker International Inc. 1.67% 26,830 $4.0M Add +0.7%
KR Kroger Co. 1.52% 53,660 $3.6M Add +0.7%
NUE Nucor Corp. 1.36% 26,940 $3.2M Add +1.1%
HOMB Home Bancshares Inc. 1.27% 107,420 $3.0M Add +0.7%
UPS United Parcel Service Class B 1.23% 26,830 $3.0M Add +0.7%
TGT Target Corp. 1.17% 26,830 $2.8M Add +0.7%
EHC Encompass Health Corp. 1.14% 26,830 $2.7M Add +0.7%
NSRGY Nestle SA-Spons ADR 1.13% 26,830 $2.7M Add +0.7%
SBUX Starbucks Corp. 1.10% 26,830 $2.6M Add +0.7%
CRH CRH PLC-Sponsored ADR 0.99% 26,830 $2.4M Add +0.7%
DG Dollar General Corp. 0.99% 26,830 $2.4M Add +0.7%
DLTR Dollar Tree Inc. 0.84% 26,830 $2.0M Add +0.7%
FIS Fidelity National Info Serv 0.84% 26,830 $2.0M Add +0.7%
ARCB Arcbest Corp. 0.79% 26,830 $1.9M Add +0.7%
TSN Tyson Foods Inc. Class A 0.73% 27,409 $1.7M Add +0.7%
AAPL Apple Inc. 0.72% 7,746 $1.7M Reduce -1.3%
PPC Pilgrim's Pride Corp. 0.61% 26,830 $1.5M Add +0.7%
ABBNY Abb Ltd.-Spon ADR 0.58% 26,830 $1.4M Add +0.7%
PAMT Pamt Corp. 0.55% 107,520 $1.3M Add +0.7%
CRMT America's Car-Mart Inc. 0.51% 26,830 $1.2M Add +0.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.48% 27,520 $1.1M Add +0.6%
X United States Steel Corp. 0.47% 26,830 $1.1M Add +0.7%
SFNC Simmons First Natl Corp. Class A 0.46% 53,660 $1.1M Add +0.7%
CBRL Cracker Barrel Old Country 0.44% 26,830 $1.0M Add +0.7%
BAX Baxter International Inc. 0.38% 26,830 $918K Add +0.7%
WEST Westrock Coffee Co. 0.35% 115,838 $836K Add +0.1%
MSFT Microsoft Corp. 0.35% 2,211 $830K No change
CNNE Cannae Holdings Inc. 0.34% 43,950 $806K No change
T AT&T Inc. 0.33% 27,830 $787K Add +0.6%
IPG Interpublic Group of Cos Inc. 0.30% 26,830 $729K Add +0.7%
CAG Conagra Brands Inc. 0.30% 26,830 $716K Add +0.7%
IWM iShares Russell 2000 ETF 0.25% 2,983 $595K Add +0.0%
GBTC Grayscale Bitcoin Trust ETF 0.23% 8,593 $560K Reduce -0.8%
PTVE Pactiv Evergreen Inc. 0.20% 26,830 $483K Add +0.7%
FNF Fidelity National Financial 0.17% 6,363 $414K No change
LUV Southwest Airlines Co. 0.17% 11,900 $400K No change
ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP 0.16% 26,830 $383K Add +0.7%
GEL Genesis Energy L.P. 0.14% 22,000 $345K No change
GLD SPDR Gold Shares 0.14% 1,185 $341K Reduce -20.2%
XLE SS Energy Select Sector 0.12% 3,162 $295K No change
XLF SS Financial Select Sector 0.12% 5,872 $292K No change
CUMMINS INC 0.12% 916 $287K No change
DUN BRADST HLDG INC 0.11% 28,793 $257K No change
GT Goodyear Tire & Rubber Co. 0.10% 26,830 $248K Add +0.7%
XLK SS Technology Select Sector 0.10% 1,169 $241K No change
TBF Proshares Short 20+ Treasury 0.10% 10,000 $236K No change
NPO Enpro Inc. 0.08% 1,115 $180K No change
STLD Steel Dynamics Inc. 0.07% 1,400 $175K No change
IWF iShares Russell 1000 Growth 0.07% 450 $162K No change
TMO Thermo Fisher Scientific Inc. 0.06% 300 $139K No change
QQQ Invesco QQQ Trust Series 1 0.06% 287 $135K No change
JPM JPMorgan Chase & Co. 0.06% 547 $134K No change
KRE SS SPDR S&P Regional Bank 0.05% 2,141 $122K Add +0.2%
LULU Lululemon Athletica Inc. 0.05% 414 $117K No change
GRNY Fundstr Gran SH US LRG Cap 0.05% 6,400 $116K Add +28.0%
PG The Procter & Gamble Co. 0.05% 668 $114K No change
QCOM Qualcomm Inc. 0.05% 715 $110K No change
ETHE Grayscale Ethereum Staking E 0.04% 6,797 $103K No change
XOM Exxon Mobil Corp. 0.04% 858 $102K No change
IJK iShares S&P Mid-Cap 400 Grow 0.04% 1,220 $102K No change
HON Honeywell International Inc. 0.04% 450 $95K No change
GS Goldman Sachs Group Inc. 0.04% 160 $87K No change
XLI SS Industrial Select Sector 0.04% 662 $87K Add +0.3%
NSC Norfolk Southern Corp. 0.04% 362 $86K No change
EPD Enterprise Products Partners 0.04% 2,500 $85K No change
ALRS Alerus Financial Corp. 0.03% 4,440 $82K No change
IBIT iShares Bitcoin Trust ETF 0.03% 1,706 $80K Add +0.4%
BTC Grayscale Bitcoin Mini ETF 0.03% 2,126 $78K Reduce -10.6%
CAT Caterpillar Inc. 0.03% 226 $75K No change
CYH Community Health Systems Inc. 0.03% 26,830 $72K Add +0.7%
ETN Eaton Corp. PLC 0.03% 260 $71K No change
MS Morgan Stanley 0.03% 583 $68K No change
JNJ Johnson & Johnson 0.03% 386 $64K No change
MSOS Advisorshares Pure US Cann 0.03% 24,415 $64K Add +8.8%
ABBVIE INC 0.03% 300 $63K No change
BGB Blackstone Strategic Credit 0.03% 5,000 $60K No change
TXN Texas Instruments Inc. 0.02% 297 $53K No change
VIG Vanguard Dividend Apprec ETF 0.02% 274 $53K No change
DUK Duke Energy Corp. 0.02% 429 $52K No change
GE General Electric filed as GE AEROSPACE 0.02% 250 $50K No change
XLB SS Materials Select Sector 0.02% 575 $49K No change
EDIV State Street SPDR S&P Emergi 0.02% 1,222 $44K No change
BSV Vanguard Short-Term Bond ETF 0.02% 635 $43K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.02% 232 $43K No change
SRE Sempra 0.02% 600 $43K No change
ADM Archer-Daniels-Midland Co. 0.02% 800 $38K No change
C Citigroup Inc. 0.01% 500 $35K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 139 $35K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.01% 190 $33K No change
USMV iShares MSCI USA Min Vol Fac 0.01% 340 $32K No change
DGRO iShares Core Dividend Growth 0.01% 500 $31K No change
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.01% 107 $31K No change
HAL Halliburton Co. 0.01% 1,215 $31K Add +0.7%
XLY SS Consumer Disc Select Sect 0.01% 147 $29K No change
DLR Digital Realty Trust Inc. 0.01% 200 $29K No change
NVDA Nvidia Corp. 0.01% 261 $28K No change
KO The Coca-Cola Co. 0.01% 359 $26K No change
SHOP Shopify Inc. Class A 0.01% 264 $25K No change
ITW Illinois Tool Works 0.01% 100 $25K No change
VYM Vanguard High DVD Yield ETF 0.01% 185 $24K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.01% 56 $24K No change
RTX RTX Corp. 0.01% 173 $23K No change
EMR Emerson Electric Co. 0.01% 200 $22K No change
TSLA Tesla Inc. 0.01% 79 $20K No change
F Ford Motor Co. filed as FORD MTR CO 0.01% 2,030 $20K New
KHC The Kraft Heinz Co. 0.01% 650 $20K No change
VOO Vanguard S&P 500 ETF 0.01% 38 $20K No change
GEV GE Vernova Inc. 0.01% 62 $19K No change
EPRF Innovator Etfs TR II 0.01% 985 $17K No change
GOOGL Alphabet Inc. Class A 0.01% 107 $17K No change
GOOG Alphabet Inc. Class C 0.01% 100 $16K No change
FG F&G Annuities & Life Inc. 0.01% 429 $15K No change
PFF iShares Preferred & Income S 0.01% 500 $15K No change
NOC Northrop Grumman Corp. 0.01% 29 $15K Add +7.4%
UL Unilever N V -NY Shares 0.01% 248 $15K No change
STIP iShares 0-5 Year Tips Bond E 0.01% 140 $14K No change
IIPR Innovative Industrial Proper 0.01% 250 $14K No change
SCHX Schwab US Large-Cap ETF 0.01% 606 $13K No change
PAAS Pan American Silver Corp. 0.01% 500 $13K No change
UNIT Uniti Group LLC Com SHS 0.01% 5,386 $12K Add +0.7%
AXP American Express Co. 0.00% 44 $12K No change
ETH Grayscale Ethereum Staking M 0.00% 657 $11K Reduce -3.0%
NVS Novartis AG-Sponsored ADR 0.00% 100 $11K No change
RSP Invesco S&P 500 Equal Weight 0.00% 63 $11K No change
PFE Pfizer Inc. 0.00% 400 $10K No change
B Barrick Gold Corp. 0.00% 500 $10K No change
USB US Bancorp 0.00% 229 $10K Add +1.3%
INUV Inuvo Inc. 0.00% 26,830 $10K Add +0.7%
SCHM Schwab US Mid Cap ETF 0.00% 360 $9K No change
SCHA Schwab US Small-Cap ETF 0.00% 352 $8K No change
EFA iShares MSCI Eafe ETF 0.00% 95 $8K No change
SCHF Schwab Intl Equity ETF 0.00% 390 $8K No change
INTC Intel Corp. 0.00% 335 $8K No change
PBR Petroleo Brasileiro-Spon ADR 0.00% 500 $7K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.00% 251 $7K No change
GEHC GE Healthcare Technology 0.00% 83 $7K No change
VZ Verizon Communications Inc. 0.00% 130 $6K No change
WMMVY Walmart DE Mexico-Spon ADR V 0.00% 208 $6K No change
SLV iShares Silver Trust 0.00% 180 $6K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 75 $5K Add +7.1%
SCHH Schwab US REIT ETF 0.00% 220 $5K No change
SCHP Schwab U.S. Tips ETF 0.00% 164 $4K No change
PSX Phillips 66 0.00% 34 $4K No change
BNDX Vanguard Total Intl Bond ETF 0.00% 83 $4K No change
SCHZ Schwab US Aggregate Bond ETF 0.00% 174 $4K No change
HOG Harley-Davidson Inc. 0.00% 147 $4K No change
CL Colgate-Palmolive Co. 0.00% 36 $3K No change
EEM iShares MSCI Emerging Market 0.00% 75 $3K No change
PRU Prudential Financial Inc. 0.00% 29 $3K No change
ANET Arista Networks Inc. 0.00% 40 $3K No change
JAZZ Jazz Pharmaceuticals PLC 0.00% 24 $3K No change
COST Costco Wholesale Corp. 0.00% 3 $3K No change
ONEQ Fidelity Nasdaq Comp Indx 0.00% 40 $3K No change
MELI MercadoLibre Inc. 0.00% 1 $2K No change
CRWD CrowdStrike Holdings Inc. Class A 0.00% 5 $2K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 25 $1K No change
META Meta Platforms Inc. Class A 0.00% 2 $1K New
MA Mastercard Inc. Class A 0.00% 2 $1K No change
SMH Vaneck Semiconductor ETF 0.00% 5 $1K No change
NET Cloudflare Inc. Class A 0.00% 9 $1K No change

Portfolio Sells Q4 2024 → Q1 2025
RGP Resources Connection Inc. Sold out 0.00% −2.64
UPWK Upwork Inc. Sold out 0.00% −2.58
GDDY GoDaddy Inc. Class A Sold out 0.00% −1.73
ZUO Zuora Inc. Class A Sold out 0.00% −1.64
TDC Teradata Corp. Sold out 0.00% −1.59
TWLO Twilio Inc. Class A Sold out 0.00% −1.58
DAVA Endava PLC- Spon ADR Sold out 0.00% −1.53
YEXT Yext Inc. Sold out 0.00% −1.50
EXTR Extreme Networks Inc. Sold out 0.00% −1.49
FIVN FIVE9 Inc. Sold out 0.00% −1.37
PATH Uipath Inc. Class A Sold out 0.00% −1.36
GTM Zoominfo Technologies Inc. Sold out 0.00% −1.34
INFA Informatica Inc. Class A Sold out 0.00% −1.29
WIX Wix.com Ltd. Sold out 0.00% −1.25
VMEO Vimeo Inc. Sold out 0.00% −0.98
CXM Sprinklr Inc. Class A Sold out 0.00% −0.89
AVDX Avidxchange Holdings Inc. Sold out 0.00% −0.83
SCWX Secureworks Corp. Class A Sold out 0.00% −0.76
ONTF ON24 Inc. Sold out 0.00% −0.74
TIXT Telus International Cda Inc. Sold out 0.00% −0.72
KFY Korn Ferry Sold out 0.00% −0.71
IAS Integral Ad Science Holding Sold out 0.00% −0.58
AMPL Amplitude Inc. Class A Sold out 0.00% −0.55
KLTR Kaltura Inc. Sold out 0.00% −0.28
SLB SLB Ltd. Sold out 0.00% −0.01
ETH Grayscale Ethereum Staking M Reduce -3.0% 0.00% −0.00
GTBIF Green Thumb Industries Inc. Sold out 0.00% −0.00
COIN Coinbase Global Inc. Class A Sold out 0.00% −0.00
DJT Trump Media & Technology Gro Sold out 0.00% −0.00
KD Kyndryl Holdings Inc. Sold out 0.00% −0.00
MARA Mara Holdings Inc. Sold out 0.00% −0.00
MRVL Marvell Technology Inc. Sold out 0.00% −0.00
REZI Resideo Technologies Inc. Sold out 0.00% −0.00
SG Sweetgreen Inc. Class A Sold out 0.00% −0.00
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.00
OIH Vaneck Oil Services ETF Sold out 0.00% −0.00
ONON On Holding AG Class A Sold out 0.00% −0.00
BTC Grayscale Bitcoin Mini ETF Reduce -10.6% 0.03% +0.00
GLD SPDR Gold Shares Reduce -20.2% 0.14% +0.04
GBTC Grayscale Bitcoin Trust ETF Reduce -0.8% 0.23% +0.05
AAPL Apple Inc. Reduce -1.3% 0.72% +0.14

Portfolio Buys Q4 2024 → Q1 2025
ORLY O'reilly Automotive Inc. Add +0.7% 11.26% +4.78
AZO AutoZone Inc. Add +0.6% 6.05% +2.52
UNP Union Pacific Corp. Add +0.7% 7.64% +2.51
LII Lennox International Inc. Add +0.7% 6.29% +1.54
MUSA Murphy USA Inc. Add +0.7% 5.27% +1.36
HD Home Depot Inc. Add +0.7% 4.11% +1.08
WMT Walmart Inc. Add +0.6% 3.20% +0.91
YUM Yum! Brands Inc. Add +0.6% 1.81% +0.74
ETR Entergy Corp. Add +0.3% 1.91% +0.73
LHX L3HARRIS Technologies Inc. Add +0.7% 2.35% +0.71
LOW Lowe's Cos Inc. Add +0.7% 2.63% +0.70
JBHT Hunt (jb) Transprt SVCS Inc. Add +0.3% 3.51% +0.69
LMT Lockheed Martin Corp. Add +0.7% 2.80% +0.68
DDS Dillards Inc. Class A Add +0.7% 4.02% +0.65
EAT Brinker International Inc. Add +0.7% 1.67% +0.64
KR Kroger Co. Add +0.7% 1.52% +0.57
OZK Bank Ozk Add +0.7% 1.95% +0.56
FDX FedEx Corp. Add +0.7% 2.74% +0.54
AMZN Amazon.com Inc. Add +0.6% 2.66% +0.53
PEP Pepsico Inc. Add +0.6% 1.76% +0.52
NSRGY Nestle SA-Spons ADR Add +0.7% 1.13% +0.49
NUE Nucor Corp. Add +1.1% 1.36% +0.45
EHC Encompass Health Corp. Add +0.7% 1.14% +0.42
DG Dollar General Corp. Add +0.7% 0.99% +0.40
SBUX Starbucks Corp. Add +0.7% 1.10% +0.39
HOMB Home Bancshares Inc. Add +0.7% 1.27% +0.39
TSN Tyson Foods Inc. Class A Add +0.7% 0.73% +0.27
CRH CRH PLC-Sponsored ADR Add +0.7% 0.99% +0.27
DLTR Dollar Tree Inc. Add +0.7% 0.84% +0.26
PPC Pilgrim's Pride Corp. Add +0.7% 0.61% +0.26
UPS United Parcel Service Class B Add +0.7% 1.23% +0.25
X United States Steel Corp. Add +0.7% 0.47% +0.21
FIS Fidelity National Info Serv Add +0.7% 0.84% +0.21
ABBNY Abb Ltd.-Spon ADR Add +0.7% 0.58% +0.17
BAX Baxter International Inc. Add +0.7% 0.38% +0.16
T AT&T Inc. Add +0.6% 0.33% +0.14
WEST Westrock Coffee Co. Add +0.1% 0.35% +0.13
BAC Bank of America Corp. Add +0.6% 0.48% +0.13
TGT Target Corp. Add +0.7% 1.17% +0.12
SFNC Simmons First Natl Corp. Class A Add +0.7% 0.46% +0.11
CRMT America's Car-Mart Inc. Add +0.7% 0.51% +0.11
IPG Interpublic Group of Cos Inc. Add +0.7% 0.30% +0.09
CAG Conagra Brands Inc. Add +0.7% 0.30% +0.08
PTVE Pactiv Evergreen Inc. Add +0.7% 0.20% +0.07
ARCB Arcbest Corp. Add +0.7% 0.79% +0.06
IWM iShares Russell 2000 ETF Add +0.0% 0.25% +0.06
PAMT Pamt Corp. Add +0.7% 0.55% +0.03
GT Goodyear Tire & Rubber Co. Add +0.7% 0.10% +0.03
CBRL Cracker Barrel Old Country Add +0.7% 0.44% +0.02
GRNY Fundstr Gran SH US LRG Cap Add +28.0% 0.05% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 196$218.8MORLY, UNP, JBHT, FDX, LII
Q1 2026 194$219.5MORLY, UNP, DDS, JBHT, MUSA
Q4 2025 192$229.4MORLY, UNP, DDS, LII, AZO
Q3 2025 196$237.7MORLY, UNP, DDS, AZO, LII
Q2 2025 185$246.0MORLY, UNP, LII, AZO, DDS
Q1 2025 178$239.2MORLY, UNP, LII, AZO, MUSA
Q4 2024 212$342.1MORLY, UNP, LII, MUSA, AZO
Q3 2024 215$335.6MORLY, UNP, LII, MUSA, AZO
Q2 2024 223$344.8MORLY, UNP, LII, MUSA, DDS
Q1 2024 228$361.1MORLY, UNP, LII, DDS, AZO