Horrell Capital Management, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), Horrell Capital Management, Inc. reported 192 stock positions worth $229.4 million. Its top holding was O'reilly Automotive (ORLY) at 10.2% of the portfolio, followed by Union Pacific (UNP, 7.1%) and Dillards Class A (DDS, 6.4%). Compared with Q3 2025, it opened 6 new positions, sold out of 11, added to 15 and reduced 58. The biggest buy was a new position in Omnicom (OMC) and the biggest sale O'reilly Automotive (ORLY, shares −3%).

Most Recent 13F
Q2 2026
Location
LITTLE ROCK, AR
CIK
0001385925
Portfolio Value
$229.4M (Q4 2025)
SEC Filing
0001385925-26-000001 ↗ filed Feb 3, 2026

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 Q3 2025 Q4 2025: $229.4M $229.4M Q4 2025 Q1 2026: $219.5M Q1 2026 Q2 2026: $218.8M Q2 2026

Holdings 192 stocks · $229.4M
ORLY O'reilly Automotive Inc. 10.17% 255,799 $23.3M Reduce -3.4%
UNP Union Pacific Corp. 7.07% 70,121 $16.2M Reduce -3.4%
DDS Dillards Inc. Class A 6.43% 24,330 $14.8M Reduce -3.4%
LII Lennox International Inc. 5.15% 24,330 $11.8M Reduce -3.4%
AZO AutoZone Inc. 5.09% 3,445 $11.7M Reduce -3.3%
JBHT Hunt (jb) Transprt SVCS Inc. 4.82% 56,908 $11.1M Reduce -1.5%
MUSA Murphy USA Inc. 4.28% 24,330 $9.8M Reduce -3.4%
WMT Walmart Inc. 3.88% 79,920 $8.9M Reduce -3.1%
HD Home Depot Inc. 3.65% 24,330 $8.4M Reduce -3.4%
LHX L3HARRIS Technologies Inc. 3.11% 24,330 $7.1M Reduce -3.4%
AMZN Amazon.com Inc. 3.07% 30,547 $7.1M Reduce -3.2%
FDX FedEx Corp. 3.07% 24,348 $7.0M Reduce -3.4%
LMT Lockheed Martin Corp. 2.87% 13,614 $6.6M Reduce -3.4%
LOW Lowe's Cos Inc. 2.57% 24,476 $5.9M Reduce -3.4%
ETR Entergy Corp. 1.96% 48,720 $4.5M Reduce -3.4%
OZK Bank Ozk 1.96% 97,570 $4.5M Reduce -3.3%
NUE Nucor Corp. 1.74% 24,440 $4.0M Reduce -3.4%
YUM Yum! Brands Inc. 1.65% 25,040 $3.8M Reduce -3.3%
PEP Pepsico Inc. 1.60% 25,545 $3.7M Reduce -3.2%
EAT Brinker International Inc. 1.52% 24,330 $3.5M Reduce -3.4%
DG Dollar General Corp. 1.41% 24,330 $3.2M Reduce -3.4%
KR Kroger Co. 1.33% 48,660 $3.0M Reduce -3.4%
CRH CRH PLC-Sponsored ADR 1.32% 24,330 $3.0M Reduce -3.4%
DLTR Dollar Tree Inc. 1.30% 24,330 $3.0M Reduce -3.4%
HOMB Home Bancshares Inc. 1.18% 97,420 $2.7M Reduce -3.4%
EHC Encompass Health Corp. 1.13% 24,330 $2.6M Reduce -3.4%
NSRGY Nestle SA-Spons ADR 1.05% 24,330 $2.4M Reduce -3.4%
UPS United Parcel Service Class B 1.05% 24,330 $2.4M Reduce -3.4%
TGT Target Corp. 1.04% 24,330 $2.4M Reduce -3.4%
AAPL Apple Inc. 0.90% 7,559 $2.1M No change
SBUX Starbucks Corp. 0.89% 24,330 $2.0M Reduce -3.4%
ARCB Arcbest Corp. 0.79% 24,330 $1.8M Reduce -3.4%
ABBNY Abb Ltd.-Spon ADR 0.78% 24,330 $1.8M Reduce -3.4%
FIS Fidelity National Info Serv 0.70% 24,330 $1.6M Reduce -3.4%
TSN Tyson Foods Inc. Class A 0.64% 24,925 $1.5M Reduce -3.3%
PAMT Pamt Corp. 0.51% 97,520 $1.2M Reduce -3.4%
MSFT Microsoft Corp. 0.47% 2,211 $1.1M No change
PPC Pilgrim's Pride Corp. 0.41% 24,330 $949K Reduce -3.4%
SFNC Simmons First Natl Corp. Class A 0.40% 48,660 $917K Reduce -3.4%
IWM iShares Russell 2000 ETF 0.35% 3,225 $794K No change
CNNE Cannae Holdings Inc. 0.30% 43,950 $691K No change
OMC Omnicom Group 0.29% 8,368 $676K New
WEST Westrock Coffee Co. 0.29% 163,330 $665K Add +43.0%
T AT&T Inc. 0.27% 25,330 $629K Reduce -3.3%
CBRL Cracker Barrel Old Country 0.27% 24,330 $618K Reduce -3.4%
CRMT America's Car-Mart Inc. 0.27% 24,330 $615K Reduce -3.4%
ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP 0.26% 24,330 $604K Reduce -3.4%
GBTC Grayscale Bitcoin Trust ETF 0.26% 8,567 $586K Reduce -0.1%
GLD SPDR Gold Shares 0.19% 1,081 $428K Add +0.6%
LUV Southwest Airlines Co. 0.18% 10,200 $422K Reduce -9.3%
CAG Conagra Brands Inc. 0.18% 24,330 $421K Reduce -3.4%
CUMMINS INC 0.17% 766 $391K Reduce -16.4%
GEL Genesis Energy L.P. 0.15% 22,000 $343K No change
FNF Fidelity National Financial 0.15% 6,213 $339K No change
XLK SS Technology Select Sector 0.15% 2,338 $337K No change
XLF SS Financial Select Sector 0.14% 5,837 $320K Add +0.1%
QCOM Qualcomm Inc. 0.13% 1,715 $293K No change
XLE SS Energy Select Sector 0.12% 6,212 $278K Reduce -0.4%
STLD Steel Dynamics Inc. 0.12% 1,600 $271K No change
GRNY Fundstr Gran SH US LRG Cap 0.11% 9,896 $245K No change
TBF Proshares Short 20+ Treasury 0.11% 10,000 $241K No change
NPO Enpro Inc. 0.10% 1,115 $239K No change
GT Goodyear Tire & Rubber Co. 0.09% 24,330 $213K Reduce -3.4%
IWF iShares Russell 1000 Growth 0.09% 450 $213K No change
QQQ Invesco QQQ Trust Series 1 0.08% 287 $176K No change
JPM JPMorgan Chase & Co. 0.08% 547 $176K No change
TMO Thermo Fisher Scientific Inc. 0.08% 300 $174K No change
NPSCY Nippon Steel Corp.-Spon ADR 0.07% 40,546 $166K Add +61.0%
ETHE Grayscale Ethereum Staking E 0.07% 6,777 $165K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 219 $149K Reduce -0.5%
MSOS Advisorshares Pure US Cann 0.06% 31,507 $149K Add +0.6%
GS Goldman Sachs Group Inc. 0.06% 160 $141K No change
KRE SS SPDR S&P Regional Bank 0.06% 2,123 $138K Add +0.3%
CAT Caterpillar Inc. 0.06% 226 $129K No change
TSLA Tesla Inc. 0.05% 279 $125K No change
IJK iShares S&P Mid-Cap 400 Grow 0.05% 1,220 $118K No change
IBIT iShares Bitcoin Trust ETF 0.05% 2,257 $112K Add +0.3%
BLACKSKY TECHNOLOGY INC 0.05% 5,631 $106K Reduce -47.0%
NSC Norfolk Southern Corp. 0.05% 362 $105K No change
MS Morgan Stanley 0.05% 583 $104K No change
XOM Exxon Mobil Corp. 0.04% 858 $103K No change
XLI SS Industrial Select Sector 0.04% 650 $101K Add +0.3%
ALRS Alerus Financial Corp. 0.04% 4,440 $100K No change
PG The Procter & Gamble Co. 0.04% 668 $96K No change
ABBVIE INC 0.04% 410 $94K No change
JNJ Johnson & Johnson 0.04% 425 $88K Reduce -0.2%
HON Honeywell International Inc. 0.04% 450 $88K No change
LULU Lululemon Athletica Inc. 0.04% 412 $86K No change
ETN Eaton Corp. PLC 0.04% 260 $83K No change
BTC Grayscale Bitcoin Mini ETF 0.04% 2,122 $82K Reduce -0.1%
EPD Enterprise Products Partners 0.03% 2,500 $80K No change
GE General Electric filed as GE AEROSPACE 0.03% 250 $77K No change
CYH Community Health Systems Inc. 0.03% 24,330 $76K Reduce -3.4%
NVDA Nvidia Corp. 0.03% 373 $70K Add +38.1%
GOOG Alphabet Inc. Class C 0.03% 200 $63K No change
VIG Vanguard Dividend Apprec ETF 0.03% 274 $60K No change
BGB Blackstone Strategic Credit 0.03% 5,000 $59K No change
C Citigroup Inc. 0.03% 500 $58K No change
ABXXF Abaxx Technologies Inc. filed as ABXXF TECHNOLOGIES INC 0.02% 1,450 $54K No change
SRE Sempra 0.02% 600 $53K No change
XLB SS Materials Select Sector 0.02% 1,150 $52K No change
BMNR Bitmine Immersion Technologi 0.02% 1,919 $52K Reduce -64.4%
TXN Texas Instruments Inc. 0.02% 297 $52K No change
DUK Duke Energy Corp. 0.02% 429 $50K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.02% 232 $49K No change
EDIV State Street SPDR S&P Emergi 0.02% 1,222 $48K No change
ADM Archer-Daniels-Midland Co. 0.02% 800 $46K No change
SHOP Shopify Inc. Class A 0.02% 265 $43K No change
FDVV Fidelity High Dividend ETF 0.02% 750 $43K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 139 $41K No change
GEV GE Vernova Inc. 0.02% 62 $41K No change
BSV Vanguard Short-Term Bond ETF 0.02% 485 $38K Reduce -23.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 690 $38K No change
ETH Grayscale Ethereum Staking M 0.02% 1,306 $37K Add +15.8%
XLY SS Consumer Disc Select Sect 0.02% 294 $35K No change
GOOGL Alphabet Inc. Class A 0.02% 111 $35K No change
DGRO iShares Core Dividend Growth 0.02% 500 $35K No change
USMV iShares MSCI USA Min Vol Fac 0.01% 340 $32K No change
RTX RTX Corp. 0.01% 173 $32K No change
DLR Digital Realty Trust Inc. 0.01% 200 $31K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.01% 56 $27K No change
VYM Vanguard High DVD Yield ETF 0.01% 185 $27K No change
EMR Emerson Electric Co. 0.01% 200 $27K No change
KO The Coca-Cola Co. 0.01% 356 $25K Reduce -0.8%
ITW Illinois Tool Works 0.01% 100 $25K No change
FG F&G Annuities & Life Inc. 0.01% 784 $24K Add +82.8%
VOO Vanguard S&P 500 ETF 0.01% 38 $24K No change
B Barrick Gold Corp. 0.01% 500 $22K No change
UNIT Uniti Group LLC Com SHS 0.01% 2,953 $21K Reduce -3.1%
NOC Northrop Grumman Corp. 0.01% 29 $17K No change
SCHX Schwab US Large-Cap ETF 0.01% 606 $16K No change
AXP American Express Co. 0.01% 44 $16K No change
MSTR Strategy Inc. 0.01% 105 $16K Add +1.9%
KHC The Kraft Heinz Co. 0.01% 650 $16K No change
PFF iShares Preferred & Income S 0.01% 500 $15K No change
UL Unilever N V -NY Shares 0.01% 220 $14K Reduce -11.3%
STIP iShares 0-5 Year Tips Bond E 0.01% 140 $14K No change
NVS Novartis AG-Sponsored ADR 0.01% 100 $14K No change
USB US Bancorp 0.01% 237 $13K Add +1.3%
INTC Intel Corp. 0.01% 335 $12K No change
RSP Invesco S&P 500 Equal Weight 0.01% 63 $12K No change
IIPR Innovative Industrial Proper 0.01% 250 $12K No change
SLV iShares Silver Trust 0.01% 180 $12K No change
SCHM Schwab US Mid Cap ETF 0.00% 360 $11K No change
SCHA Schwab US Small-Cap ETF 0.00% 352 $10K No change
PFE Pfizer Inc. 0.00% 400 $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
SCHE Schwab Emrg Mrkts Eqty ETF 0.00% 251 $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
INUV Inuvo Inc. 0.00% 2,433 $6K Reduce -3.4%
PBR Petroleo Brasileiro-Spon ADR 0.00% 500 $6K No change
CANOPY GROWTH CORP F 0.00% 5,000 $6K Add +400.0%
SOLS Solstice Adv Materials Inc. 0.00% 112 $5K No change
VZ Verizon Communications Inc. 0.00% 130 $5K No change
SCHH Schwab US REIT ETF 0.00% 220 $5K No change
PSX Phillips 66 0.00% 34 $4K No change
EEM iShares MSCI Emerging Market 0.00% 75 $4K No change
JAZZ Jazz Pharmaceuticals PLC 0.00% 24 $4K No change
SCHZ Schwab US Aggregate Bond ETF 0.00% 174 $4K No change
ONEQ Fidelity Nasdaq Comp Indx 0.00% 40 $4K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 70 $4K No change
TRLV Trulieve Cannabis Corp. 0.00% 390 $3K No change
PRU Prudential Financial Inc. 0.00% 29 $3K No change
HOG Harley-Davidson Inc. 0.00% 147 $3K No change
CL Colgate-Palmolive Co. 0.00% 36 $3K No change
KVUE Kenvue Inc. 0.00% 160 $3K No change
COST Costco Wholesale Corp. 0.00% 3 $3K No change
ANET Arista Networks Inc. 0.00% 18 $2K No change
CRWD CrowdStrike Holdings Inc. Class A 0.00% 5 $2K No change
GTBIF Green Thumb Industries Inc. 0.00% 260 $2K No change
MELI MercadoLibre Inc. 0.00% 1 $2K No change
SMH Vaneck Semiconductor ETF 0.00% 5 $2K No change
NET Cloudflare Inc. Class A 0.00% 9 $2K No change
TSM Taiwan Semiconductor-SP ADR 0.00% 5 $2K No change
REZI Resideo Technologies Inc. 0.00% 41 $1K No change
FN Fabrinet 0.00% 3 $1K Add +50.0%
U Unity Software Inc. 0.00% 30 $1K New
META Meta Platforms Inc. Class A 0.00% 2 $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
CRWV CoreWeave, Inc. 0.00% 15 $1K New
ARKX ARK Space & Defense Innovati 0.00% 30 $1K No change
DASTY Dassault Systemes S-Spon ADR 0.00% 20 $1K New
FIG Figma Inc. Class A 0.00% 18 $1K New
KD Kyndryl Holdings Inc. 0.00% 27 $1K No change
MRVL Marvell Technology Inc. 0.00% 10 $1K No change
PTC PTC Inc. 0.00% 4 $1K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 25 $1K No change
MICC The Magnum Ice Cream Co. NV 0.00% 49 $1K New

Portfolio Sells Q3 2025 → Q4 2025
ORLY O'reilly Automotive Inc. Reduce -3.4% 10.17% −1.84
AZO AutoZone Inc. Reduce -3.3% 5.09% −1.34
HD Home Depot Inc. Reduce -3.4% 3.65% −0.64
LII Lennox International Inc. Reduce -3.4% 5.15% −0.46
IPG Interpublic Group of Cos Inc. Sold out 0.00% −0.30
EHC Encompass Health Corp. Reduce -3.4% 1.13% −0.22
OZK Bank Ozk Reduce -3.3% 1.96% −0.21
CBRL Cracker Barrel Old Country Reduce -3.4% 0.27% −0.20
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.15
UNP Union Pacific Corp. Reduce -3.4% 7.07% −0.15
LHX L3HARRIS Technologies Inc. Reduce -3.4% 3.11% −0.12
LOW Lowe's Cos Inc. Reduce -3.4% 2.57% −0.11
KR Kroger Co. Reduce -3.4% 1.33% −0.10
BMNR Bitmine Immersion Technologi Reduce -64.4% 0.02% −0.10
LMT Lockheed Martin Corp. Reduce -3.4% 2.87% −0.09
DDS Dillards Inc. Class A Reduce -3.4% 6.43% −0.08
GBTC Grayscale Bitcoin Trust ETF Reduce -0.1% 0.26% −0.07
BLACKSKY TECHNOLOGY INC Reduce -47.0% 0.05% −0.04
CRMT America's Car-Mart Inc. Reduce -3.4% 0.27% −0.04
AMD Advanced Micro Devices Sold out 0.00% −0.04
T AT&T Inc. Reduce -3.3% 0.27% −0.04
ONT Onterris Inc. Reduce -3.4% 0.26% −0.03
HOMB Home Bancshares Inc. Reduce -3.4% 1.18% −0.02
PPC Pilgrim's Pride Corp. Reduce -3.4% 0.41% −0.02
ETR Entergy Corp. Reduce -3.4% 1.96% −0.01
CAG Conagra Brands Inc. Reduce -3.4% 0.18% −0.01
BTC Grayscale Bitcoin Mini ETF Reduce -0.1% 0.04% −0.01
EPRF Innovator Etfs TR II Sold out 0.00% −0.01
SFNC Simmons First Natl Corp. Class A Reduce -3.4% 0.40% −0.01
YUM Yum! Brands Inc. Reduce -3.3% 1.65% −0.00
BSV Vanguard Short-Term Bond ETF Reduce -23.6% 0.02% −0.00
SBUX Starbucks Corp. Reduce -3.4% 0.89% −0.00
GEHC GE Healthcare Technology Sold out 0.00% −0.00
SNDL SNDL Inc. Sold out 0.00% −0.00
SCHP Schwab U.S. Tips ETF Sold out 0.00% −0.00
BNDX Vanguard Total Intl Bond ETF Sold out 0.00% −0.00
INUV Inuvo Inc. Reduce -3.4% 0.00% −0.00
CYH Community Health Systems Inc. Reduce -3.4% 0.03% −0.00
MARA Mara Holdings Inc. Sold out 0.00% −0.00
SNPS Synopsys Inc. Sold out 0.00% −0.00
OIH Vaneck Oil Services ETF Sold out 0.00% −0.00
UL Unilever N V -NY Shares Reduce -11.3% 0.01% +0.00
KO The Coca-Cola Co. Reduce -0.8% 0.01% +0.00
UNIT Uniti Group LLC Com SHS Reduce -3.1% 0.01% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.5% 0.07% +0.00
XLE SS Energy Select Sector Reduce -0.4% 0.12% +0.00
JNJ Johnson & Johnson Reduce -0.2% 0.04% +0.01
FIS Fidelity National Info Serv Reduce -3.4% 0.70% +0.01
CUMMINS INC Reduce -16.4% 0.17% +0.01
GT Goodyear Tire & Rubber Co. Reduce -3.4% 0.09% +0.01

Portfolio Buys Q3 2025 → Q4 2025
OMC Omnicom Group New 0.29% +0.29
WEST Westrock Coffee Co. Add +43.0% 0.29% +0.06
GLD SPDR Gold Shares Add +0.6% 0.19% +0.03
NVDA Nvidia Corp. Add +38.1% 0.03% +0.01
XLF SS Financial Select Sector Add +0.1% 0.14% +0.01
FG F&G Annuities & Life Inc. Add +82.8% 0.01% +0.00
KRE SS SPDR S&P Regional Bank Add +0.3% 0.06% +0.00
CANOPY GROWTH CORP F Add +400.0% 0.00% +0.00
XLI SS Industrial Select Sector Add +0.3% 0.04% +0.00
MSOS Advisorshares Pure US Cann Add +0.6% 0.06% +0.00
USB US Bancorp Add +1.3% 0.01% +0.00
U Unity Software Inc. New 0.00% +0.00
CRWV CoreWeave, Inc. New 0.00% +0.00
DASTY Dassault Systemes S-Spon ADR New 0.00% +0.00
FIG Figma Inc. Class A New 0.00% +0.00
MICC The Magnum Ice Cream Co. NV New 0.00% +0.00
FN Fabrinet Add +50.0% 0.00% +0.00
NPSCY Nippon Steel Corp.-Spon ADR Add +61.0% 0.07% −0.00
ETH Grayscale Ethereum Staking M Add +15.8% 0.02% −0.00
MSTR Strategy Inc. Add +1.9% 0.01% −0.01
IBIT iShares Bitcoin Trust ETF Add +0.3% 0.05% −0.01

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