# Horrell Capital Management, Inc.

> Institutional holdings reported to the SEC as of Q3 2026 on Form 13F. CIK 1385925. Source: https://holderbook.com/funds/1385925-horrell-capital-management-inc/

- Reported value: $188.8M
- Positions: 197
- Weight of the ten largest: 53.0%
- Filed: 2026-10-08

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $17.3M | 202,809 | 9.2% | 32 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $15.1M | 55,601 | 8.0% | 32 |
| DILLARDS INC | [DDS](https://holderbook.com/stocks/DDS/) | $12.9M | 19,288 | 6.8% | 32 |
| HUNT J B TRANS SVCS INC | [JBHT](https://holderbook.com/stocks/JBHT/) | $11.9M | 53,265 | 6.3% | 32 |
| MURPHY USA INC | [MUSA](https://holderbook.com/stocks/MUSA/) | $9.7M | 19,288 | 5.1% | 32 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $7.7M | 2,738 | 4.1% | 22 |
| LENNOX INTL INC | [LII](https://holderbook.com/stocks/LII/) | $6.8M | 19,288 | 3.6% | 32 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $6.7M | 64,794 | 3.6% | 32 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $6.1M | 24,495 | 3.2% | 32 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $5.5M | 19,306 | 2.9% | 32 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $5.5M | 10,791 | 2.9% | 22 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $5.5M | 19,288 | 2.9% | 32 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $4.6M | 19,289 | 2.4% | 13 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $4.5M | 19,398 | 2.4% | 32 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $3.8M | 38,636 | 2.0% | 32 |
| BRINKER INTL INC | [EAT](https://holderbook.com/stocks/EAT/) | $3.7M | 19,288 | 2.0% | 22 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $3.6M | 19,434 | 1.9% | 32 |
| BANK OZK LITTLE ROCK ARK | [OZK](https://holderbook.com/stocks/OZK/) | $3.6M | 77,402 | 1.9% | 24 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $3.0M | 19,288 | 1.6% | 32 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $2.7M | 19,998 | 1.4% | 32 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.6M | 20,352 | 1.4% | 32 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.5M | 7,545 | 1.3% | 32 |
| ARCBEST CORP | [ARCB](https://holderbook.com/stocks/ARCB/) | $2.5M | 19,288 | 1.3% | 24 |
| ENCOMPASS HEALTH CORP | [EHC](https://holderbook.com/stocks/EHC/) | $2.3M | 19,288 | 1.2% | 32 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $2.3M | 19,288 | 1.2% | 32 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $2.3M | 38,576 | 1.2% | 32 |
| DOLLAR TREE INC | [DLTR](https://holderbook.com/stocks/DLTR/) | $2.2M | 19,288 | 1.2% | 32 |
| HOME BANCSHARES INC | [HOMB](https://holderbook.com/stocks/HOMB/) | $2.2M | 77,252 | 1.2% | 32 |
| ABB LTD | [ABBNY](https://holderbook.com/stocks/ABBNY/) | $1.8M | 19,288 | 1.0% | 32 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $1.8M | 19,288 | 1.0% | 22 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $1.8M | 19,288 | 1.0% | 32 |
| NESTLE SA ADR | [NSRGY](https://holderbook.com/stocks/NSRGY/) | $1.8M | 19,288 | 0.9% | 32 |
| CRH PLC | [CRHXXXX](https://holderbook.com/stocks/CRHXXXX/) | $1.6M | 19,288 | 0.8% | 30 |
| WESTROCK COFFEE CO | [WEST](https://holderbook.com/stocks/WEST/) | $1.3M | 157,648 | 0.7% | 17 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.1M | 2,175 | 0.6% | 32 |
| CRACKER BARREL OLD CTRY STOR | [CBRL](https://holderbook.com/stocks/CBRL/) | $1.0M | 19,288 | 0.5% | 32 |
| TYSON FOODS INC | [TSN](https://holderbook.com/stocks/TSN/) | $1.0M | 19,899 | 0.5% | 32 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $895.1K | 3,221 | 0.5% | 26 |
| PAMT CORP | [PAMT](https://holderbook.com/stocks/PAMT/) | $882.6K | 77,352 | 0.5% | 32 |
| SIMMONS FIRST NATL CORP | [SFNC](https://holderbook.com/stocks/SFNC/) | $871.0K | 38,576 | 0.5% | 32 |
| CANNAE HLDGS INC | [CNNE](https://holderbook.com/stocks/CNNE/) | $642.7K | 41,900 | 0.3% | 32 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $572.7K | 8,867 | 0.3% | 31 |
| PILGRIMS PRIDE CORP | [PPC](https://holderbook.com/stocks/PPC/) | $521.0K | 19,288 | 0.3% | 32 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $495.0K | 20,288 | 0.3% | 32 |
| OMNICOM GROUP INC | [OMC](https://holderbook.com/stocks/OMC/) | $489.9K | 6,654 | 0.3% | 4 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $420.1K | 2,146 | 0.2% | 24 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $397.7K | 9,550 | 0.2% | 32 |
| CUMMINS INC | - | $387.4K | 750 | 0.2% | 32 |
| STEEL DYNAMICS INC | [STLD](https://holderbook.com/stocks/STLD/) | $354.6K | 1,600 | 0.2% | 10 |
| ENPRO INC | [NPO](https://holderbook.com/stocks/NPO/) | $341.5K | 1,115 | 0.2% | 32 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $335.5K | 881 | 0.2% | 32 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $315.6K | 1,715 | 0.2% | 32 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $311.4K | 5,832 | 0.2% | 26 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $307.0K | 4,992 | 0.2% | 23 |
| GENESIS ENERGY L P | [GEL](https://holderbook.com/stocks/GEL/) | $302.7K | 22,000 | 0.2% | 32 |
| TIDAL TRUST I | [GRNY](https://holderbook.com/stocks/GRNY/) | $275.7K | 9,905 | 0.1% | 8 |
| PROSHARES TR | [TBF](https://holderbook.com/stocks/TBF/) | $268.1K | 10,000 | 0.1% | 32 |
| CONAGRA BRANDS INC | [CAG](https://holderbook.com/stocks/CAG/) | $259.2K | 19,288 | 0.1% | 32 |
| ONTERRIS INC | [ONT](https://holderbook.com/stocks/ONT/) | $258.1K | 19,288 | 0.1% | 19 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $238.5K | 6,171 | 0.1% | 24 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $225.5K | 1,800 | 0.1% | 28 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $212.3K | 287 | 0.1% | 24 |
| FEDEX FGHT HLDG CO INC | - | $209.3K | 9,653 | 0.1% | 2 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $185.6K | 275 | 0.1% | 32 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $181.0K | 547 | 0.1% | 32 |
| ADVISORSHARES TR | [MSOS](https://holderbook.com/stocks/MSOS/) | $180.1K | 39,856 | 0.1% | 23 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $173.1K | 227 | 0.1% | 32 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $162.2K | 200 | 0.1% | 32 |
| SPDR SERIES TRUST | [KRE](https://holderbook.com/stocks/KRE/) | $147.1K | 2,119 | 0.1% | 8 |
| GRAYSCALE ETHEREUM STAKING E | [ETHE](https://holderbook.com/stocks/ETHE/) | $145.2K | 6,775 | 0.1% | 23 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $144.1K | 160 | 0.1% | 32 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $139.6K | 858 | 0.1% | 32 |
| GILDAN ACTIVEWEAR INC | [GIL](https://holderbook.com/stocks/GIL/) | $139.3K | 3,268 | 0.1% | 3 |
| Nippon Stl & Sumitomo Metal Co | [NPSCY](https://holderbook.com/stocks/NPSCY/) | $134.1K | 32,127 | 0.1% | 6 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $133.7K | 1,220 | 0.1% | 29 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $132.5K | 2,779 | 0.1% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $112.5K | 425 | 0.1% | 32 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $112.2K | 261 | 0.1% | 1 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $111.9K | 362 | 0.1% | 32 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $109.7K | 583 | 0.1% | 32 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $108.5K | 650 | 0.1% | 24 |
| BITMINE IMMERSION TECHS INC | [BMNR](https://holderbook.com/stocks/BMNR/) | $107.4K | 4,065 | 0.1% | 5 |
| ABBVIE INC | - | $107.3K | 410 | 0.1% | 32 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $100.1K | 689 | 0.1% | 32 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $99.0K | 279 | 0.1% | 10 |
| GOODYEAR TIRE & RUBR CO | [GT](https://holderbook.com/stocks/GT/) | $95.9K | 19,288 | 0.1% | 22 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $89.0K | 2,500 | 0.0% | 32 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $83.2K | 297 | 0.0% | 32 |
| ALERUS FINL CORP | [ALRS](https://holderbook.com/stocks/ALRS/) | $79.0K | 2,500 | 0.0% | 17 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $78.1K | 250 | 0.0% | 9 |
| GRAYSCALE BITCOIN MINI TR ET | [BTC](https://holderbook.com/stocks/BTC/) | $77.9K | 2,109 | 0.0% | 8 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $68.1K | 200 | 0.0% | 27 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $64.7K | 500 | 0.0% | 32 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $63.9K | 274 | 0.0% | 8 |
| ARCHER DANIELS MIDLAND CO | [ADM](https://holderbook.com/stocks/ADM/) | $63.5K | 800 | 0.0% | 32 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $58.9K | 62 | 0.0% | 10 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $56.7K | 248 | 0.0% | 21 |
| BLACKSTONE STRATEGIC CRED 20 | [BGB](https://holderbook.com/stocks/BGB/) | $56.2K | 5,000 | 0.0% | 32 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $56.0K | 1,150 | 0.0% | 24 |
| GRAYSCALE ETHEREUM STAKING | [ETH](https://holderbook.com/stocks/ETH/) | $55.0K | 2,156 | 0.0% | 8 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +5.2% | +14.8% | -9.7% | 100% |
| Q1 2026 | +3.2% | -4.6% | +7.8% | 100% |
| Q4 2025 | -2.0% | +2.4% | -4.4% | 99% |
| Q3 2025 | +5.8% | +7.8% | -2.1% | 100% |
| Q2 2025 | +1.8% | +10.5% | -8.6% | 100% |
| Q1 2025 | -5.8% | -4.6% | -1.2% | 97% |
| Q4 2024 | +3.2% | +2.1% | +1.0% | 100% |
| Q3 2024 | +4.5% | +5.4% | -0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2026 | $188.8M | 197 |
| Q2 2026 | $218.8M | 196 |
| Q1 2026 | $219.5M | 194 |
| Q4 2025 | $229.4M | 192 |
| Q3 2025 | $237.7M | 196 |
| Q2 2025 | $246.0M | 185 |
| Q1 2025 | $239.2M | 178 |
| Q4 2024 | $342.1M | 212 |
| Q3 2024 | $335.6M | 215 |
| Q2 2024 | $344.8M | 223 |
| Q1 2024 | $361.1M | 228 |
| Q4 2023 | $332.1M | 220 |