ORCHARD CAPITAL MANAGEMENT, LLC

CRD 269957File 801-106488

APPROVED

Custody

Filing as of Mar 2, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$111.8M

Bottom 25% of cohort (national)

Discretionary AUM

$111.8M

Clients

32 accounts

Employees

Bottom 25% of cohort in IL

Identity & registration

ADV Item 1

Organization form: Limited Liability Company
Firm type: Registered
SEC region: CHRO
Registration date: Aug 10, 2015
Principal office: 130 N GARLAND CT, # 5701, CHICAGO, IL, 60602
Phone: 312-628-6700
Website: http://www.orchardinvestments.com

Assets & accounts

ADV Item 5F

Total regulatory AUM: $111.8M
Discretionary AUM: $111.8M
Non-discretionary AUM: $0
Discretionary accounts: 32
Non-discretionary accounts: 0
Total accounts: 32
AUM per client: $111.8M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	Fewer than 5	$54.5M
Charitable organizations	Fewer than 5	$3.1M
Pooled investment vehicles	1	$54.3M

Compensation & activities

ADV Items 5E, 5G

Compensation

Other
Fixed fees
Other (described) — DIRECT AUTHORIZED EXPENSES FOR CERTAIN CLIENTS
A percentage of assets under your management

Advisory activities

Other advisory activities
Selection of other advisers
Portfolio management for businesses
Portfolio management for pooled investment vehicles
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: Yes

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 17, 2026	Custody	false	true
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.