Horrell Capital Management, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Horrell Capital Management, Inc. reported 185 stock positions worth $246.0 million. Its top holding was O'reilly Automotive (ORLY) at 10.6% of the portfolio, followed by Union Pacific (UNP, 7.4%) and Lennox International (LII, 6.4%). Compared with Q1 2025, it opened 13 new positions, sold out of 6, added to 67 and reduced 9. The biggest buy was Dillards Class A (DDS, shares +2%) and the biggest sale an exit from United States Steel (X).

Most Recent 13F
Q2 2026
Location
LITTLE ROCK, AR
CIK
0001385925
Portfolio Value
$246.0M (Q2 2025)
SEC Filing
0001385925-25-000004 ↗ filed Aug 8, 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 Q1 2025 Q2 2025: $246.0M $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 185 stocks · $246.0M
ORLY O'reilly Automotive Inc. 10.56% 288,349 $26.0M Add +2.2%
UNP Union Pacific Corp. 7.39% 79,041 $18.2M Add +2.2%
LII Lennox International Inc. 6.39% 27,427 $15.7M Add +2.2%
AZO AutoZone Inc. 5.85% 3,878 $14.4M Add +2.2%
DDS Dillards Inc. Class A 4.66% 27,427 $11.5M Add +2.2%
MUSA Murphy USA Inc. 4.54% 27,427 $11.2M Add +2.2%
HD Home Depot Inc. 4.09% 27,427 $10.1M Add +2.2%
WMT Walmart Inc. 3.55% 89,213 $8.7M Add +2.4%
JBHT Hunt (jb) Transprt SVCS Inc. 3.50% 60,005 $8.6M Add +5.8%
AMZN Amazon.com Inc. 3.06% 34,259 $7.5M Add +2.3%
LMT Lockheed Martin Corp. 2.89% 15,348 $7.1M Add +2.2%
LHX L3HARRIS Technologies Inc. 2.80% 27,427 $6.9M Add +2.2%
FDX FedEx Corp. 2.54% 27,445 $6.2M Add +2.2%
LOW Lowe's Cos Inc. 2.49% 27,573 $6.1M Add +2.2%
OZK Bank Ozk 2.10% 109,958 $5.2M Add +2.2%
EAT Brinker International Inc. 2.01% 27,427 $4.9M Add +2.2%
ETR Entergy Corp. 1.86% 54,914 $4.6M Add +2.7%
YUM Yum! Brands Inc. 1.69% 28,137 $4.2M Add +2.2%
KR Kroger Co. 1.60% 54,854 $3.9M Add +2.2%
PEP Pepsico Inc. 1.54% 28,642 $3.8M Add +2.1%
NUE Nucor Corp. 1.45% 27,537 $3.6M Add +2.2%
EHC Encompass Health Corp. 1.37% 27,427 $3.4M Add +2.2%
DG Dollar General Corp. 1.28% 27,427 $3.1M Add +2.2%
HOMB Home Bancshares Inc. 1.27% 109,808 $3.1M Add +2.2%
UPS United Parcel Service Class B 1.13% 27,427 $2.8M Add +2.2%
DLTR Dollar Tree Inc. 1.10% 27,427 $2.7M Add +2.2%
NSRGY Nestle SA-Spons ADR 1.10% 27,427 $2.7M Add +2.2%
TGT Target Corp. 1.10% 27,427 $2.7M Add +2.2%
CRH CRH PLC-Sponsored ADR 1.02% 27,427 $2.5M Add +2.2%
SBUX Starbucks Corp. 1.02% 27,427 $2.5M Add +2.2%
FIS Fidelity National Info Serv 0.91% 27,427 $2.2M Add +2.2%
ARCB Arcbest Corp. 0.86% 27,427 $2.1M Add +2.2%
CBRL Cracker Barrel Old Country 0.68% 27,427 $1.7M Add +2.2%
ABBNY Abb Ltd.-Spon ADR 0.67% 27,427 $1.6M Add +2.2%
AAPL Apple Inc. 0.64% 7,699 $1.6M Reduce -0.6%
TSN Tyson Foods Inc. Class A 0.64% 28,012 $1.6M Add +2.2%
CRMT America's Car-Mart Inc. 0.62% 27,427 $1.5M Add +2.2%
PAMT Pamt Corp. 0.57% 109,908 $1.4M Add +2.2%
PPC Pilgrim's Pride Corp. 0.50% 27,427 $1.2M Add +2.2%
MSFT Microsoft Corp. 0.45% 2,211 $1.1M No change
SFNC Simmons First Natl Corp. Class A 0.42% 54,854 $1.0M Add +2.2%
CNNE Cannae Holdings Inc. 0.37% 43,950 $916K No change
T AT&T Inc. 0.33% 28,427 $823K Add +2.1%
GBTC Grayscale Bitcoin Trust ETF 0.30% 8,573 $727K Reduce -0.2%
IPG Interpublic Group of Cos Inc. 0.27% 27,427 $671K Add +2.2%
WEST Westrock Coffee Co. 0.27% 116,513 $668K Add +0.6%
IWM iShares Russell 2000 ETF 0.26% 2,983 $644K No change
ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP 0.24% 27,427 $600K Add +2.2%
CAG Conagra Brands Inc. 0.23% 27,427 $561K Add +2.2%
LUV Southwest Airlines Co. 0.16% 11,900 $386K No change
GEL Genesis Energy L.P. 0.15% 22,000 $379K No change
FNF Fidelity National Financial 0.14% 6,213 $348K Reduce -2.4%
GLD SPDR Gold Shares 0.13% 1,075 $328K Reduce -9.3%
XLF SS Financial Select Sector 0.13% 5,883 $308K Add +0.2%
CUMMINS INC 0.12% 916 $300K No change
XLK SS Technology Select Sector 0.12% 1,169 $296K No change
GT Goodyear Tire & Rubber Co. 0.12% 27,427 $284K Add +2.2%
QCOM Qualcomm Inc. 0.11% 1,715 $273K Add +139.9%
PLTR Palantir Technologies Inc. Class A 0.11% 2,000 $273K New
XLE SS Energy Select Sector 0.11% 3,158 $268K Reduce -0.1%
DUN BRADST HLDG INC 0.11% 28,793 $262K No change
TBF Proshares Short 20+ Treasury 0.10% 10,000 $242K No change
NPO Enpro Inc. 0.09% 1,115 $214K No change
GRNY Fundstr Gran SH US LRG Cap 0.09% 9,416 $214K Add +47.1%
STLD Steel Dynamics Inc. 0.08% 1,600 $205K Add +14.3%
IWF iShares Russell 1000 Growth 0.08% 450 $191K No change
NPSCY Nippon Steel Corp.-Spon ADR 0.07% 27,427 $173K New
JPM JPMorgan Chase & Co. 0.06% 547 $159K No change
QQQ Invesco QQQ Trust Series 1 0.06% 287 $158K No change
ETHE Grayscale Ethereum Staking E 0.06% 6,777 $141K Reduce -0.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.06% 220 $136K Add +15.8%
IBIT iShares Bitcoin Trust ETF 0.05% 2,100 $129K Add +23.1%
KRE SS SPDR S&P Regional Bank 0.05% 2,147 $128K Add +0.3%
TMO Thermo Fisher Scientific Inc. 0.05% 300 $122K No change
GS Goldman Sachs Group Inc. 0.05% 160 $113K No change
IJK iShares S&P Mid-Cap 400 Grow 0.05% 1,220 $111K No change
PG The Procter & Gamble Co. 0.04% 668 $106K No change
HON Honeywell International Inc. 0.04% 450 $105K No change
BTC Grayscale Bitcoin Mini ETF 0.04% 2,125 $101K Reduce -0.1%
LULU Lululemon Athletica Inc. 0.04% 414 $98K No change
XLI SS Industrial Select Sector 0.04% 662 $98K No change
ALRS Alerus Financial Corp. 0.04% 4,440 $96K No change
CYH Community Health Systems Inc. 0.04% 27,427 $93K Add +2.2%
ETN Eaton Corp. PLC 0.04% 260 $93K No change
NSC Norfolk Southern Corp. 0.04% 362 $93K No change
XOM Exxon Mobil Corp. 0.04% 858 $92K No change
TSLA Tesla Inc. 0.04% 279 $89K Add +253.2%
CAT Caterpillar Inc. 0.04% 226 $88K No change
MS Morgan Stanley 0.03% 583 $82K No change
EPD Enterprise Products Partners 0.03% 2,500 $78K No change
ABBVIE INC 0.03% 410 $76K Add +36.7%
MSOS Advisorshares Pure US Cann 0.03% 31,315 $75K Add +28.3%
JNJ Johnson & Johnson 0.03% 426 $65K Add +10.4%
GE General Electric filed as GE AEROSPACE 0.03% 250 $64K No change
TXN Texas Instruments Inc. 0.03% 297 $62K No change
BGB Blackstone Strategic Credit 0.02% 5,000 $61K No change
VIG Vanguard Dividend Apprec ETF 0.02% 274 $56K No change
DUK Duke Energy Corp. 0.02% 429 $51K No change
XLB SS Materials Select Sector 0.02% 575 $50K No change
BSV Vanguard Short-Term Bond ETF 0.02% 635 $50K No change
EDIV State Street SPDR S&P Emergi 0.02% 1,222 $47K No change
SRE Sempra 0.02% 600 $45K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.02% 232 $45K No change
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.02% 108 $44K Add +0.9%
NVDA Nvidia Corp. 0.02% 270 $43K Add +3.5%
C Citigroup Inc. 0.02% 500 $43K No change
ADM Archer-Daniels-Midland Co. 0.02% 800 $42K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 139 $41K No change
FDVV Fidelity High Dividend ETF 0.02% 750 $39K New
GOOG Alphabet Inc. Class C 0.01% 200 $35K Add +100.0%
DLR Digital Realty Trust Inc. 0.01% 200 $35K No change
GEV GE Vernova Inc. 0.01% 62 $33K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 690 $33K Reduce -97.5%
DGRO iShares Core Dividend Growth 0.01% 500 $32K No change
XLY SS Consumer Disc Select Sect 0.01% 147 $32K No change
USMV iShares MSCI USA Min Vol Fac 0.01% 340 $32K No change
SHOP Shopify Inc. Class A 0.01% 265 $31K Add +0.4%
AA Alcoa Corp. 0.01% 1,000 $30K New
EMR Emerson Electric Co. 0.01% 200 $27K No change
KO The Coca-Cola Co. 0.01% 359 $25K No change
RTX RTX Corp. 0.01% 173 $25K No change
ITW Illinois Tool Works 0.01% 100 $25K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.01% 56 $25K No change
VYM Vanguard High DVD Yield ETF 0.01% 185 $25K No change
UNIT Uniti Group LLC Com SHS 0.01% 5,505 $24K Add +2.2%
ETH Grayscale Ethereum Staking M 0.01% 931 $22K Add +41.7%
VOO Vanguard S&P 500 ETF 0.01% 38 $22K No change
GOOGL Alphabet Inc. Class A 0.01% 107 $19K No change
EPRF Innovator Etfs TR II 0.01% 985 $17K No change
KHC The Kraft Heinz Co. 0.01% 650 $17K No change
PFF iShares Preferred & Income S 0.01% 500 $15K No change
UL Unilever N V -NY Shares 0.01% 248 $15K No change
SCHX Schwab US Large-Cap ETF 0.01% 606 $15K No change
NOC Northrop Grumman Corp. 0.01% 29 $14K No change
STIP iShares 0-5 Year Tips Bond E 0.01% 140 $14K No change
AXP American Express Co. 0.01% 44 $14K No change
IIPR Innovative Industrial Proper 0.01% 250 $14K No change
FG F&G Annuities & Life Inc. 0.01% 429 $14K No change
INUV Inuvo Inc. 0.01% 2,743 $13K Reduce -89.8%
NVS Novartis AG-Sponsored ADR 0.00% 100 $12K No change
PRU Prudential Financial Inc. 0.00% 109 $12K Add +275.9%
PFE Pfizer Inc. 0.00% 480 $12K Add +20.0%
RSP Invesco S&P 500 Equal Weight 0.00% 63 $11K No change
USB US Bancorp 0.00% 231 $10K Add +0.9%
B Barrick Gold Corp. 0.00% 500 $10K No change
SCHM Schwab US Mid Cap ETF 0.00% 360 $10K No change
CMCSA Comcast Corp. Class A 0.00% 280 $10K New
SCHA Schwab US Small-Cap ETF 0.00% 352 $9K No change
MDT Medtronic PLC 0.00% 100 $9K New
SCHF Schwab Intl Equity ETF 0.00% 390 $9K No change
EFA iShares MSCI Eafe ETF 0.00% 95 $8K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.00% 251 $8K No change
INTC Intel Corp. 0.00% 335 $8K No change
WMMVY Walmart DE Mexico-Spon ADR V 0.00% 208 $7K No change
CVS CVS Health Corp. 0.00% 100 $7K New
PBR Petroleo Brasileiro-Spon ADR 0.00% 500 $6K No change
GEHC GE Healthcare Technology 0.00% 83 $6K No change
SLV iShares Silver Trust 0.00% 180 $6K No change
VZ Verizon Communications Inc. 0.00% 130 $6K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 75 $5K No change
SCHH Schwab US REIT ETF 0.00% 220 $5K No change
SCHP Schwab U.S. Tips ETF 0.00% 164 $4K No change
ANET Arista Networks Inc. 0.00% 42 $4K Add +5.0%
BNDX Vanguard Total Intl Bond ETF 0.00% 83 $4K No change
PSX Phillips 66 0.00% 34 $4K No change
SCHZ Schwab US Aggregate Bond ETF 0.00% 174 $4K No change
EEM iShares MSCI Emerging Market 0.00% 75 $4K No change
HOG Harley-Davidson Inc. 0.00% 147 $3K No change
KVUE Kenvue Inc. 0.00% 160 $3K New
CL Colgate-Palmolive Co. 0.00% 36 $3K No change
ONEQ Fidelity Nasdaq Comp Indx 0.00% 40 $3K No change
COST Costco Wholesale Corp. 0.00% 3 $3K No change
MELI MercadoLibre Inc. 0.00% 1 $3K No change
CRWD CrowdStrike Holdings Inc. Class A 0.00% 5 $3K No change
JAZZ Jazz Pharmaceuticals PLC 0.00% 24 $3K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 25 $2K No change
NET Cloudflare Inc. Class A 0.00% 9 $2K No change
GTBIF Green Thumb Industries Inc. 0.00% 270 $1K New
TRLV Trulieve Cannabis Corp. 0.00% 390 $1K New
META Meta Platforms Inc. Class A 0.00% 2 $1K No change
SMH Vaneck Semiconductor ETF 0.00% 5 $1K No change
XBGYX BlackRock Enh Intl DVD TR 0.00% 200 $1K New
KD Kyndryl Holdings Inc. 0.00% 27 $1K New
MA Mastercard Inc. Class A 0.00% 2 $1K No change
TSM Taiwan Semiconductor-SP ADR 0.00% 5 $1K New

Portfolio Sells Q1 2025 → Q2 2025
X United States Steel Corp. Sold out 0.00% −0.47
BAC Bank of America Corp. Reduce -97.5% 0.01% −0.47
BAX Baxter International Inc. Sold out 0.00% −0.38
PTVE Pactiv Evergreen Inc. Sold out 0.00% −0.20
AAPL Apple Inc. Reduce -0.6% 0.64% −0.08
FNF Fidelity National Financial Reduce -2.4% 0.14% −0.03
XLE SS Energy Select Sector Reduce -0.1% 0.11% −0.01
HAL Halliburton Co. Sold out 0.00% −0.01
GLD SPDR Gold Shares Reduce -9.3% 0.13% −0.01
F Ford Motor Co. Sold out 0.00% −0.01
PAAS Pan American Silver Corp. Sold out 0.00% −0.01
INUV Inuvo Inc. Reduce -89.8% 0.01% +0.00
BTC Grayscale Bitcoin Mini ETF Reduce -0.1% 0.04% +0.01
ETHE Grayscale Ethereum Staking E Reduce -0.3% 0.06% +0.01
GBTC Grayscale Bitcoin Trust ETF Reduce -0.2% 0.30% +0.06

Portfolio Buys Q1 2025 → Q2 2025
DDS Dillards Inc. Class A Add +2.2% 4.66% +0.64
LHX L3HARRIS Technologies Inc. Add +2.2% 2.80% +0.45
AMZN Amazon.com Inc. Add +2.3% 3.06% +0.39
WMT Walmart Inc. Add +2.4% 3.55% +0.35
EAT Brinker International Inc. Add +2.2% 2.01% +0.34
DG Dollar General Corp. Add +2.2% 1.28% +0.29
DLTR Dollar Tree Inc. Add +2.2% 1.10% +0.26
CBRL Cracker Barrel Old Country Add +2.2% 0.68% +0.25
EHC Encompass Health Corp. Add +2.2% 1.37% +0.23
OZK Bank Ozk Add +2.2% 2.10% +0.15
CRMT America's Car-Mart Inc. Add +2.2% 0.62% +0.12
PLTR Palantir Technologies Inc. Class A New 0.11% +0.11
LII Lennox International Inc. Add +2.2% 6.39% +0.10
NUE Nucor Corp. Add +2.2% 1.45% +0.09
LMT Lockheed Martin Corp. Add +2.2% 2.89% +0.09
ONT Onterris Inc. Add +2.2% 0.24% +0.08
KR Kroger Co. Add +2.2% 1.60% +0.08
ABBNY Abb Ltd.-Spon ADR Add +2.2% 0.67% +0.08
NPSCY Nippon Steel Corp.-Spon ADR New 0.07% +0.07
FIS Fidelity National Info Serv Add +2.2% 0.91% +0.07
ARCB Arcbest Corp. Add +2.2% 0.86% +0.07
QCOM Qualcomm Inc. Add +139.9% 0.11% +0.07
SPY SS SPDR S&P 500 ETF Trust-US Add +15.8% 0.06% +0.04
GRNY Fundstr Gran SH US LRG Cap Add +47.1% 0.09% +0.04
CRH CRH PLC-Sponsored ADR Add +2.2% 1.02% +0.04
PAMT Pamt Corp. Add +2.2% 0.57% +0.03
TSLA Tesla Inc. Add +253.2% 0.04% +0.03
IBIT iShares Bitcoin Trust ETF Add +23.1% 0.05% +0.02
FDVV Fidelity High Dividend ETF New 0.02% +0.02
AA Alcoa Corp. New 0.01% +0.01
GT Goodyear Tire & Rubber Co. Add +2.2% 0.12% +0.01
STLD Steel Dynamics Inc. Add +14.3% 0.08% +0.01
GOOG Alphabet Inc. Class C Add +100.0% 0.01% +0.01
CYH Community Health Systems Inc. Add +2.2% 0.04% +0.01
NVDA Nvidia Corp. Add +3.5% 0.02% +0.01
T AT&T Inc. Add +2.1% 0.33% +0.01
MSTR Strategy Inc. Add +0.9% 0.02% +0.00
ABBVIE INC Add +36.7% 0.03% +0.00
UNIT Uniti Group LLC Com SHS Add +2.2% 0.01% +0.00
ETH Grayscale Ethereum Staking M Add +41.7% 0.01% +0.00
CMCSA Comcast Corp. Class A New 0.00% +0.00
MSOS Advisorshares Pure US Cann Add +28.3% 0.03% +0.00
MDT Medtronic PLC New 0.00% +0.00
PRU Prudential Financial Inc. Add +275.9% 0.00% +0.00
XLF SS Financial Select Sector Add +0.2% 0.13% +0.00
CVS CVS Health Corp. New 0.00% +0.00
SHOP Shopify Inc. Class A Add +0.4% 0.01% +0.00
KVUE Kenvue Inc. New 0.00% +0.00
HOMB Home Bancshares Inc. Add +2.2% 1.27% +0.00
KRE SS SPDR S&P Regional Bank Add +0.3% 0.05% +0.00

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