Orca Investment Management, LLC

Fundamental concentrated ★Highest signal CIK 1511229
League rank
#312
in Fundamental concentrated · #636 overall
Long book
$117.6M
Q1 2026
Positions
57
Top-10 weight
53%
concentration
Last quarter
+19.6%
SPY +14.8%
Turnover
5%
of book per quarter

Strategy in plain words

auto-generated from filings

Orca Investment Management, LLC is a concentrated fundamental stock-picker, running a $117.6M US long book across 57 positions.

The portfolio is concentrated: the top 10 names carry 53% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ALPHABET INC-CL C, MICROSOFT CORP, APPLE INC, BROADCOM INC, SS SPDR S&P 500 ETF TRUST-US.

Over the last 9 quarters its long book ran on average 1.3pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.5%
Q2 2024
+4.7%
Q3 2024
+2.5%
Q4 2024
-4.1%
Q1 2025
+11.4%
Q2 2025
+11.1%
Q3 2025
+7.9%
Q4 2025
-3.3%
Q1 2026
+19.6%

Sector allocation

Technology
48%
Healthcare
14%
Consumer discretionary
14%
Financials
8%
Consumer staples
4%
Industrials
4%
Other
4%
Services media
1%

Long book by quarter

$106.8M
Q1 2024
$104.8M
Q2 2024
$110.9M
Q3 2024
$106.3M
Q4 2024
$100.1M
Q1 2025
$110.9M
Q2 2025
$122.1M
Q3 2025
$126.9M
Q4 2025
$117.6M
Q1 2026

What does Orca Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology35.1K$10.1M8.6%-3.5%
MSFT MICROSOFT CORPTechnology26.3K$9.8M8.3%-4.4%
AAPL APPLE INCTechnology36.4K$9.2M7.9%-2.3%
AVGO BROADCOM INCTechnology20.4K$6.3M5.4%-0.9%
CAH CARDINAL HEALTH INCConsumer discretionary28.4K$6.0M5.1%-0.7%
GOOGL ALPHABET INC-CL ATechnology16.2K$4.7M4.0%-2.9%
JNJ JOHNSON & JOHNSONHealthcare17.2K$4.2M3.6%-2.4%
AMZN AMAZON.COM INCConsumer discretionary14.2K$3.0M2.5%-1.6%
ADM ARCHER-DANIELS-MIDLAND COConsumer staples36.0K$2.6M2.2%-0.3%
CVS CVS HEALTH CORPHealthcare35.0K$2.5M2.1%-0.3%
COHR COHERENT CORPOther10.6K$2.5M2.1%-50.7%
PRU PRUDENTIAL FINANCIAL INCFinancials24.7K$2.4M2.0%-0.6%
INTC INTEL CORPTechnology51.0K$2.2M1.9%+0.5%
MRK MERCK & CO. INC.Healthcare18.2K$2.2M1.9%-1.3%
JPM JPMORGAN CHASE & COFinancials6.8K$2.0M1.7%-4.3%
LLY ELI LILLY & COHealthcare1.8K$1.7M1.4%-3.6%
UPS UNITED PARCEL SERVICE-CL BIndustrials15.9K$1.6M1.3%-6.5%
HD HOME DEPOT INCConsumer discretionary4.5K$1.5M1.3%-3.3%
SNA SNAP-ON INCIndustrials3.8K$1.4M1.2%-2.1%
KMI KINDER MORGAN INCUtilities33.5K$1.1M1.0%-2.8%
ABBV ABBVIE INCHealthcare4.6K$1.0M0.9%-4.8%
VZ VERIZON COMMUNICATIONS INCCommunications19.2K$965K0.8%-2.1%
BROS DUTCH BROS INC-CLASS AConsumer discretionary17.1K$867K0.7%-3.5%
POWW OUTDOOR HOLDING COServices media428.5K$861K0.7%-10.4%
GS GOLDMAN SACHS GROUP INCFinancials985$833K0.7%Held
MS MORGAN STANLEYFinancials4.7K$777K0.7%Held
PFE PFIZER INCHealthcare24.3K$681K0.6%-3.4%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.3K$623K0.5%Held
ADP AUTOMATIC DATA PROCESSINGTechnology3.0K$615K0.5%-3.0%
SBUX STARBUCKS CORPConsumer discretionary6.8K$612K0.5%-2.5%
MO ALTRIA GROUP INCConsumer staples8.8K$582K0.5%-3.8%
PEP PEPSICO INCConsumer staples3.7K$581K0.5%-3.5%
EMR EMERSON ELECTRIC COIndustrials4.1K$536K0.5%-2.2%
XOM EXXON MOBIL CORPEnergy2.9K$498K0.4%-9.7%
ORCL ORACLE CORPTechnology3.1K$463K0.4%Held
PG PROCTER & GAMBLE CO/THEOther3.2K$457K0.4%-2.2%
SCHW SCHWAB (CHARLES) CORPFinancials4.6K$429K0.4%Held
DIS WALT DISNEY CO/THEServices media4.4K$428K0.4%-0.1%
C CITIGROUP INCFinancials3.4K$387K0.3%Held
CVX CHEVRON CORPEnergy1.7K$342K0.3%-8.9%
GPC GENUINE PARTS COConsumer discretionary2.9K$302K0.3%-2.2%
PPG PPG INDUSTRIES INCOther2.5K$268K0.2%-2.1%
KMB KIMBERLY-CLARK CORPOther2.3K$219K0.2%-2.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 23, 202657$117.6M canonicalSEC ↗
Q4 202513F-HRJan 20, 202658$126.9M canonicalSEC ↗
Q3 202513F-HROct 30, 202561$122.1M canonicalSEC ↗
Q2 202513F-HRJul 25, 202560$110.9M canonicalSEC ↗
Q1 202513F-HRMay 7, 202558$100.1M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202557$106.3M canonicalSEC ↗
Q3 202413F-HROct 11, 202457$110.9M canonicalSEC ↗
Q2 202413F-HRAug 6, 202456$104.8M canonicalSEC ↗
Q1 202413F-HRApr 24, 202455$106.8M canonicalSEC ↗