Horrell Capital Management, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Horrell Capital Management, Inc. reported 196 stock positions worth $237.7 million. Its top holding was O'reilly Automotive (ORLY) at 12.0% of the portfolio, followed by Union Pacific (UNP, 7.2%) and Dillards Class A (DDS, 6.5%). Compared with Q2 2025, it opened 14 new positions, sold out of 3, added to 7 and reduced 62. The biggest buy was a new position in Bitmine Immersion Technologi (BMNR) and the biggest sale Nucor (NUE, shares −8%).

Most Recent 13F
Q2 2026
Location
LITTLE ROCK, AR
CIK
0001385925
Portfolio Value
$237.7M (Q3 2025)
SEC Filing
0001385925-25-000005 ↗ filed Nov 7, 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 Q2 2025 Q3 2025: $237.7M $237.7M Q3 2025 Q4 2025: $229.4M Q4 2025 Q1 2026: $219.5M Q1 2026 Q2 2026: $218.8M Q2 2026

Holdings 196 stocks · $237.7M
ORLY O'reilly Automotive Inc. 12.01% 264,754 $28.5M Reduce -8.2%
UNP Union Pacific Corp. 7.22% 72,575 $17.2M Reduce -8.2%
DDS Dillards Inc. Class A 6.51% 25,182 $15.5M Reduce -8.2%
AZO AutoZone Inc. 6.43% 3,564 $15.3M Reduce -8.1%
LII Lennox International Inc. 5.61% 25,182 $13.3M Reduce -8.2%
HD Home Depot Inc. 4.29% 25,182 $10.2M Reduce -8.2%
MUSA Murphy USA Inc. 4.11% 25,182 $9.8M Reduce -8.2%
WMT Walmart Inc. 3.58% 82,478 $8.5M Reduce -7.5%
JBHT Hunt (jb) Transprt SVCS Inc. 3.26% 57,760 $7.7M Reduce -3.7%
LHX L3HARRIS Technologies Inc. 3.24% 25,182 $7.7M Reduce -8.2%
LMT Lockheed Martin Corp. 2.96% 14,091 $7.0M Reduce -8.2%
AMZN Amazon.com Inc. 2.92% 31,569 $6.9M Reduce -7.8%
LOW Lowe's Cos Inc. 2.68% 25,328 $6.4M Reduce -8.1%
FDX FedEx Corp. 2.50% 25,200 $5.9M Reduce -8.2%
OZK Bank Ozk 2.17% 100,928 $5.1M Reduce -8.2%
ETR Entergy Corp. 1.98% 50,424 $4.7M Reduce -8.2%
YUM Yum! Brands Inc. 1.66% 25,892 $3.9M Reduce -8.0%
PEP Pepsico Inc. 1.56% 26,397 $3.7M Reduce -7.8%
KR Kroger Co. 1.43% 50,364 $3.4M Reduce -8.2%
EHC Encompass Health Corp. 1.35% 25,182 $3.2M Reduce -8.2%
EAT Brinker International Inc. 1.34% 25,182 $3.2M Reduce -8.2%
CRH CRH PLC-Sponsored ADR 1.27% 25,182 $3.0M Reduce -8.2%
HOMB Home Bancshares Inc. 1.20% 100,828 $2.9M Reduce -8.2%
DG Dollar General Corp. 1.09% 25,182 $2.6M Reduce -8.2%
DLTR Dollar Tree Inc. 1.00% 25,182 $2.4M Reduce -8.2%
NSRGY Nestle SA-Spons ADR 0.97% 25,182 $2.3M Reduce -8.2%
TGT Target Corp. 0.95% 25,182 $2.3M Reduce -8.2%
SBUX Starbucks Corp. 0.90% 25,182 $2.1M Reduce -8.2%
UPS United Parcel Service Class B 0.89% 25,182 $2.1M Reduce -8.2%
AAPL Apple Inc. 0.81% 7,559 $1.9M Reduce -1.8%
ABBNY Abb Ltd.-Spon ADR 0.76% 25,182 $1.8M Reduce -8.2%
ARCB Arcbest Corp. 0.74% 25,182 $1.8M Reduce -8.2%
FIS Fidelity National Info Serv 0.70% 25,182 $1.7M Reduce -8.2%
TSN Tyson Foods Inc. Class A 0.59% 25,772 $1.4M Reduce -8.0%
PAMT Pamt Corp. 0.48% 100,928 $1.2M Reduce -8.2%
MSFT Microsoft Corp. 0.48% 2,211 $1.1M No change
CBRL Cracker Barrel Old Country 0.47% 25,182 $1.1M Reduce -8.2%
PPC Pilgrim's Pride Corp. 0.43% 25,182 $1.0M Reduce -8.2%
SFNC Simmons First Natl Corp. Class A 0.41% 50,364 $965K Reduce -8.2%
CNNE Cannae Holdings Inc. 0.34% 43,950 $805K No change
IWM iShares Russell 2000 ETF 0.33% 3,225 $780K Add +8.1%
GBTC Grayscale Bitcoin Trust ETF 0.32% 8,573 $770K No change
T AT&T Inc. 0.31% 26,182 $739K Reduce -7.9%
CRMT America's Car-Mart Inc. 0.31% 25,182 $736K Reduce -8.2%
IPG Interpublic Group of Cos Inc. 0.30% 25,182 $703K Reduce -8.2%
ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP 0.29% 25,182 $691K Reduce -8.2%
WEST Westrock Coffee Co. 0.23% 114,182 $555K Reduce -2.0%
CAG Conagra Brands Inc. 0.19% 25,182 $461K Reduce -8.2%
CUMMINS INC 0.16% 916 $387K No change
GLD SPDR Gold Shares 0.16% 1,075 $382K No change
FNF Fidelity National Financial 0.16% 6,213 $376K No change
GEL Genesis Energy L.P. 0.15% 22,000 $368K No change
PLTR Palantir Technologies Inc. Class A 0.15% 2,000 $365K No change
XLK SS Technology Select Sector 0.14% 1,169 $329K No change
XLF SS Financial Select Sector 0.13% 5,829 $314K Reduce -0.9%
QCOM Qualcomm Inc. 0.12% 1,715 $285K No change
BMNR Bitmine Immersion Technologi 0.12% 5,389 $280K New
XLE SS Energy Select Sector 0.12% 3,118 $279K Reduce -1.3%
LUV Southwest Airlines Co. 0.11% 11,250 $259K Reduce -5.5%
NPO Enpro Inc. 0.11% 1,115 $252K No change
GRNY Fundstr Gran SH US LRG Cap 0.10% 9,896 $247K Add +5.1%
TBF Proshares Short 20+ Treasury 0.10% 10,000 $237K No change
ETHE Grayscale Ethereum Staking E 0.10% 6,777 $232K No change
STLD Steel Dynamics Inc. 0.09% 1,600 $223K No change
BLACKSKY TECHNOLOGY INC 0.09% 10,631 $214K New
IWF iShares Russell 1000 Growth 0.09% 450 $211K No change
GT Goodyear Tire & Rubber Co. 0.08% 25,182 $188K Reduce -8.2%
NUE Nucor Corp. 0.07% 25,292 $178K Reduce -8.2%
NPSCY Nippon Steel Corp.-Spon ADR 0.07% 25,182 $177K Reduce -8.2%
JPM JPMorgan Chase & Co. 0.07% 547 $173K No change
QQQ Invesco QQQ Trust Series 1 0.07% 287 $172K No change
MSOS Advisorshares Pure US Cann 0.06% 31,327 $150K Add +0.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.06% 220 $147K No change
IBIT iShares Bitcoin Trust ETF 0.06% 2,251 $146K Add +7.2%
TMO Thermo Fisher Scientific Inc. 0.06% 300 $146K No change
KRE SS SPDR S&P Regional Bank 0.06% 2,117 $134K Reduce -1.4%
GS Goldman Sachs Group Inc. 0.05% 160 $127K No change
TSLA Tesla Inc. 0.05% 279 $124K No change
IJK iShares S&P Mid-Cap 400 Grow 0.05% 1,220 $117K No change
NSC Norfolk Southern Corp. 0.05% 362 $109K No change
CAT Caterpillar Inc. 0.05% 226 $108K No change
BTC Grayscale Bitcoin Mini ETF 0.05% 2,125 $108K No change
PG The Procter & Gamble Co. 0.04% 668 $103K No change
XLI SS Industrial Select Sector 0.04% 648 $100K Reduce -2.1%
ALRS Alerus Financial Corp. 0.04% 4,440 $98K No change
ETN Eaton Corp. PLC 0.04% 260 $97K No change
XOM Exxon Mobil Corp. 0.04% 858 $97K No change
HON Honeywell International Inc. 0.04% 450 $95K No change
ABBVIE INC 0.04% 410 $94K No change
MS Morgan Stanley 0.04% 583 $93K No change
AMD Advanced Micro Devices 0.04% 560 $91K New
CYH Community Health Systems Inc. 0.03% 25,182 $81K Reduce -8.2%
JNJ Johnson & Johnson 0.03% 426 $79K No change
EPD Enterprise Products Partners 0.03% 2,500 $78K No change
GE General Electric filed as GE AEROSPACE 0.03% 250 $75K No change
LULU Lululemon Athletica Inc. 0.03% 412 $73K Reduce -0.5%
BGB Blackstone Strategic Credit 0.03% 5,000 $61K No change
VIG Vanguard Dividend Apprec ETF 0.02% 274 $59K No change
TXN Texas Instruments Inc. 0.02% 297 $55K No change
SRE Sempra 0.02% 600 $54K No change
DUK Duke Energy Corp. 0.02% 429 $53K No change
XLB SS Materials Select Sector 0.02% 575 $52K No change
C Citigroup Inc. 0.02% 500 $51K No change
NVDA Nvidia Corp. 0.02% 270 $50K No change
BSV Vanguard Short-Term Bond ETF 0.02% 635 $50K No change
GOOG Alphabet Inc. Class C 0.02% 200 $49K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.02% 232 $48K No change
ADM Archer-Daniels-Midland Co. 0.02% 800 $48K No change
EDIV State Street SPDR S&P Emergi 0.02% 1,222 $47K No change
ETH Grayscale Ethereum Staking M 0.02% 1,128 $44K Add +21.2%
FDVV Fidelity High Dividend ETF 0.02% 750 $42K No change
SHOP Shopify Inc. Class A 0.02% 265 $39K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 139 $39K No change
GEV GE Vernova Inc. 0.02% 62 $38K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 690 $36K No change
XLY SS Consumer Disc Select Sect 0.01% 147 $35K No change
DLR Digital Realty Trust Inc. 0.01% 200 $35K No change
DGRO iShares Core Dividend Growth 0.01% 500 $34K No change
ABXXF Abaxx Technologies Inc. filed as ABXXF TECHNOLOGIES INC 0.01% 1,450 $33K New
MSTR Strategy Inc. 0.01% 103 $33K Reduce -4.6%
USMV iShares MSCI USA Min Vol Fac 0.01% 340 $32K No change
RTX RTX Corp. 0.01% 173 $29K No change
GOOGL Alphabet Inc. Class A 0.01% 111 $27K Add +3.7%
EMR Emerson Electric Co. 0.01% 200 $26K No change
ITW Illinois Tool Works 0.01% 100 $26K No change
VYM Vanguard High DVD Yield ETF 0.01% 185 $26K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.01% 56 $26K No change
KO The Coca-Cola Co. 0.01% 359 $24K No change
VOO Vanguard S&P 500 ETF 0.01% 38 $23K No change
UNIT Uniti Group LLC Com SHS 0.01% 3,047 $19K Reduce -44.6%
EPRF Innovator Etfs TR II 0.01% 985 $18K No change
KHC The Kraft Heinz Co. 0.01% 650 $17K No change
B Barrick Gold Corp. 0.01% 500 $16K No change
SCHX Schwab US Large-Cap ETF 0.01% 606 $16K No change
PFF iShares Preferred & Income S 0.01% 500 $16K No change
UL Unilever N V -NY Shares 0.01% 248 $15K No change
AXP American Express Co. 0.01% 44 $15K No change
STIP iShares 0-5 Year Tips Bond E 0.01% 140 $14K No change
FG F&G Annuities & Life Inc. 0.01% 429 $13K No change
IIPR Innovative Industrial Proper 0.01% 250 $13K No change
NVS Novartis AG-Sponsored ADR 0.01% 100 $13K No change
NOC Northrop Grumman Corp. 0.01% 29 $12K No change
RSP Invesco S&P 500 Equal Weight 0.01% 63 $12K No change
USB US Bancorp 0.00% 234 $11K Add +1.3%
INTC Intel Corp. 0.00% 335 $11K No change
SCHM Schwab US Mid Cap ETF 0.00% 360 $11K No change
PFE Pfizer Inc. 0.00% 400 $10K Reduce -16.7%
SCHA Schwab US Small-Cap ETF 0.00% 352 $10K No change
MDT Medtronic PLC 0.00% 100 $10K No change
SCHF Schwab Intl Equity ETF 0.00% 390 $9K No change
EFA iShares MSCI Eafe ETF 0.00% 95 $9K No change
INUV Inuvo Inc. 0.00% 2,519 $9K Reduce -8.2%
SCHE Schwab Emrg Mrkts Eqty ETF 0.00% 251 $8K No change
SLV iShares Silver Trust 0.00% 180 $8K No change
CVS CVS Health Corp. 0.00% 100 $8K No change
WMMVY Walmart DE Mexico-Spon ADR V 0.00% 208 $6K No change
PBR Petroleo Brasileiro-Spon ADR 0.00% 500 $6K No change
GEHC GE Healthcare Technology 0.00% 83 $6K No change
VZ Verizon Communications Inc. 0.00% 130 $6K No change
SNDL SNDL Inc. 0.00% 2,000 $5K New
SCHH Schwab US REIT ETF 0.00% 220 $5K No change
PSX Phillips 66 0.00% 34 $5K No change
SCHP Schwab U.S. Tips ETF 0.00% 164 $4K No change
BNDX Vanguard Total Intl Bond ETF 0.00% 83 $4K No change
HOG Harley-Davidson Inc. 0.00% 147 $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
NVO Novo-Nordisk A/S-Spons ADR 0.00% 70 $4K Reduce -6.7%
ONEQ Fidelity Nasdaq Comp Indx 0.00% 40 $4K No change
JAZZ Jazz Pharmaceuticals PLC 0.00% 24 $3K No change
TRLV Trulieve Cannabis Corp. 0.00% 390 $3K No change
PRU Prudential Financial Inc. 0.00% 29 $3K Reduce -73.4%
CL Colgate-Palmolive Co. 0.00% 36 $3K No change
COST Costco Wholesale Corp. 0.00% 3 $3K No change
ANET Arista Networks Inc. 0.00% 18 $3K Reduce -57.1%
KVUE Kenvue Inc. 0.00% 160 $3K No change
CRWD CrowdStrike Holdings Inc. Class A 0.00% 5 $2K No change
MELI MercadoLibre Inc. 0.00% 1 $2K No change
GTBIF Green Thumb Industries Inc. 0.00% 260 $2K Reduce -3.7%
NET Cloudflare Inc. Class A 0.00% 9 $2K No change
REZI Resideo Technologies Inc. 0.00% 41 $2K New
SMH Vaneck Semiconductor ETF 0.00% 5 $2K No change
META Meta Platforms Inc. Class A 0.00% 2 $1K No change
CANOPY GROWTH CORP F 0.00% 1,000 $1K New
TSM Taiwan Semiconductor-SP ADR 0.00% 5 $1K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 25 $1K No change
XBGYX BlackRock Enh Intl DVD TR 0.00% 200 $1K No change
MA Mastercard Inc. Class A 0.00% 2 $1K No change
ARKX ARK Space & Defense Innovati 0.00% 30 $1K New
KD Kyndryl Holdings Inc. 0.00% 27 $1K No change
MARA Mara Holdings Inc. 0.00% 40 $1K New
MRVL Marvell Technology Inc. 0.00% 10 $1K New
PTC PTC Inc. 0.00% 4 $1K New
SNPS Synopsys Inc. 0.00% 2 $1K New
OIH Vaneck Oil Services ETF 0.00% 3 $1K New
FN Fabrinet 0.00% 2 $1K New

Portfolio Sells Q2 2025 → Q3 2025
NUE Nucor Corp. Reduce -8.2% 0.07% −1.38
LII Lennox International Inc. Reduce -8.2% 5.61% −0.78
EAT Brinker International Inc. Reduce -8.2% 1.34% −0.67
MUSA Murphy USA Inc. Reduce -8.2% 4.11% −0.42
CRMT America's Car-Mart Inc. Reduce -8.2% 0.31% −0.32
JBHT Hunt (jb) Transprt SVCS Inc. Reduce -3.7% 3.26% −0.24
UPS United Parcel Service Class B Reduce -8.2% 0.89% −0.24
CBRL Cracker Barrel Old Country Reduce -8.2% 0.47% −0.21
FIS Fidelity National Info Serv Reduce -8.2% 0.70% −0.21
DG Dollar General Corp. Reduce -8.2% 1.09% −0.18
UNP Union Pacific Corp. Reduce -8.2% 7.22% −0.18
KR Kroger Co. Reduce -8.2% 1.43% −0.17
TGT Target Corp. Reduce -8.2% 0.95% −0.15
AMZN Amazon.com Inc. Reduce -7.8% 2.92% −0.14
NSRGY Nestle SA-Spons ADR Reduce -8.2% 0.97% −0.13
SBUX Starbucks Corp. Reduce -8.2% 0.90% −0.13
ARCB Arcbest Corp. Reduce -8.2% 0.74% −0.12
DUN BRADST HLDG INC Sold out 0.00% −0.11
DLTR Dollar Tree Inc. Reduce -8.2% 1.00% −0.10
PAMT Pamt Corp. Reduce -8.2% 0.48% −0.09
PPC Pilgrim's Pride Corp. Reduce -8.2% 0.43% −0.07
HOMB Home Bancshares Inc. Reduce -8.2% 1.20% −0.07
TSN Tyson Foods Inc. Class A Reduce -8.0% 0.59% −0.05
LUV Southwest Airlines Co. Reduce -5.5% 0.11% −0.05
YUM Yum! Brands Inc. Reduce -8.0% 1.66% −0.04
WEST Westrock Coffee Co. Reduce -2.0% 0.23% −0.04
GT Goodyear Tire & Rubber Co. Reduce -8.2% 0.08% −0.04
FDX FedEx Corp. Reduce -8.2% 2.50% −0.04
CAG Conagra Brands Inc. Reduce -8.2% 0.19% −0.03
T AT&T Inc. Reduce -7.9% 0.31% −0.02
EHC Encompass Health Corp. Reduce -8.2% 1.35% −0.02
SFNC Simmons First Natl Corp. Class A Reduce -8.2% 0.41% −0.02
AA Alcoa Corp. Sold out 0.00% −0.01
LULU Lululemon Athletica Inc. Reduce -0.5% 0.03% −0.01
CMCSA Comcast Corp. Class A Sold out 0.00% −0.00
CYH Community Health Systems Inc. Reduce -8.2% 0.03% −0.00
MSTR Strategy Inc. Reduce -4.6% 0.01% −0.00
PRU Prudential Financial Inc. Reduce -73.4% 0.00% −0.00
UNIT Uniti Group LLC Com SHS Reduce -44.6% 0.01% −0.00
INUV Inuvo Inc. Reduce -8.2% 0.00% −0.00
ANET Arista Networks Inc. Reduce -57.1% 0.00% −0.00
NVO Novo-Nordisk A/S-Spons ADR Reduce -6.7% 0.00% −0.00
PFE Pfizer Inc. Reduce -16.7% 0.00% −0.00
GTBIF Green Thumb Industries Inc. Reduce -3.7% 0.00% +0.00
XLI SS Industrial Select Sector Reduce -2.1% 0.04% +0.00
NPSCY Nippon Steel Corp.-Spon ADR Reduce -8.2% 0.07% +0.00
KRE SS SPDR S&P Regional Bank Reduce -1.4% 0.06% +0.00
XLF SS Financial Select Sector Reduce -0.9% 0.13% +0.01
XLE SS Energy Select Sector Reduce -1.3% 0.12% +0.01
PEP Pepsico Inc. Reduce -7.8% 1.56% +0.02

Portfolio Buys Q2 2025 → Q3 2025
BMNR Bitmine Immersion Technologi New 0.12% +0.12
BLACKSKY TECHNOLOGY INC New 0.09% +0.09
IWM iShares Russell 2000 ETF Add +8.1% 0.33% +0.07
AMD Advanced Micro Devices New 0.04% +0.04
MSOS Advisorshares Pure US Cann Add +0.0% 0.06% +0.03
GRNY Fundstr Gran SH US LRG Cap Add +5.1% 0.10% +0.02
ABXXF Abaxx Technologies Inc. New 0.01% +0.01
ETH Grayscale Ethereum Staking M Add +21.2% 0.02% +0.01
IBIT iShares Bitcoin Trust ETF Add +7.2% 0.06% +0.01
GOOGL Alphabet Inc. Class A Add +3.7% 0.01% +0.00
SNDL SNDL Inc. New 0.00% +0.00
REZI Resideo Technologies Inc. New 0.00% +0.00
CANOPY GROWTH CORP F New 0.00% +0.00
USB US Bancorp Add +1.3% 0.00% +0.00
ARKX ARK Space & Defense Innovati New 0.00% +0.00
MARA Mara Holdings Inc. New 0.00% +0.00
MRVL Marvell Technology Inc. New 0.00% +0.00
PTC PTC Inc. New 0.00% +0.00
SNPS Synopsys Inc. New 0.00% +0.00
OIH Vaneck Oil Services ETF New 0.00% +0.00
FN Fabrinet New 0.00% +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