ORR Militia Long/Short Equity ETF
Issuer
Militia
Inception
Jan 14, 2025
AUM
$358.3M
Expense ratio
10.91%
Yield
—
Asset class
Alternatives
Holdings
0
Last price
$40.04
The Militia Long/Short Equity ETF, identified by the symbol ORR, is an actively managed investment vehicle designed to achieve capital appreciation. It employs a dual strategy, taking both long and short positions in equities. For its long-term holdings, the fund primarily focuses on stocks in developed markets that are either deemed undervalued or possess substantial growth potential. ORR has the flexibility to commit capital exceeding 100% of its net asset value to these long positions, typically up to a maximum of 150%. Conversely, its short selling strategy concentrates on U.S.-listed companies and exchange-traded funds whose valuations are anticipated to decline, often driven by unfavorable future cash flow projections. The fund can allocate up to 100% of its portfolio to short exposures and may utilize instruments like inverse or leveraged ETFs within this segment. Due to its dynamic management approach, ORR frequently adjusts its holdings, leading to a high annual portfolio turnover rate. Furthermore, the portfolio has the option to mitigate certain risks by shorting foreign currencies through the use of currency forward contracts.
+22.0%
2025-11-13low 32.59 · high 40.132026-11-13
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| ORR | +3.8% | +3.8% | +17.2% | +21.7% | +15.7% | +9.2% |
| Alternatives average (391 funds) | -8.9% | -3.2% | -14.1% | -16.8% | -8.1% | -6.4% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$602K net.
| Holding | Weight | Insiders bought | Insiders sold |
|---|---|---|---|
| ET Energy Transfer LP | 3.00% | $21.3M | $0 |
| GLXY Galaxy Digital Inc | -0.14% | $9.9M | $332K |
| PSEC Prospect Capital Corp | -0.99% | $4.5M | $0 |
| ATEC Alphatec Holdings Inc | -0.21% | $1.7M | $0 |
| ECL Ecolab Inc | -0.17% | $1.2M | $5.0M |
| KRMN Karman Holdings Inc | 0.41% | $1.0M | $0 |
| HPP Hudson Pacific Properties Inc | -0.55% | $862K | $0 |
| CRH CRH PLC | 0.51% | $759K | $0 |
| JBLU JetBlue Airways Corp | -0.43% | $624K | $24K |
| ASTS AST SpaceMobile Inc | -0.27% | $619K | $3.1M |
| FNKO Funko Inc | -0.33% | $500K | $1.4M |
| ASR Grupo Aeroportuario del Sureste SAB de CV | 0.63% | $498K | $0 |
| BKD Brookdale Senior Living Inc | 1.14% | $358K | $0 |
| WIX Wix.com Ltd | -0.14% | $186K | $3.4M |
| RWAY Runway Growth Finance Corp | -1.66% | $163K | $0 |
Holdings · as of Nov 13, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | ORR Cash & Other | 32.14% |
| 2 | 9435.T Hikari Tsushin Inc | 12.05% |
| 3 | AX Axos Financial Inc | 6.03% |
| 4 | 7453.T Ryohin Keikaku Co Ltd | 4.31% |
| 5 | ET Energy Transfer LP | 3.00% |
| 6 | BNP.PA BNP Paribas SA | 2.79% |
| 7 | CSWC Capital Southwest Corp | 2.48% |
| 8 | OMAB Grupo Aeroportuario del Centro Norte SAB de CV | 2.10% |
| 9 | FIGR Figure Technology Solutions Inc | 2.09% |
| 10 | WES Western Midstream Partners LP | 2.08% |
| 11 | 3288.T Open House Group Co Ltd | 2.06% |
| 12 | GMEXICOB.MX Grupo Mexico SAB de CV | 1.89% |
| 13 | INTR Inter & Co Inc | 1.86% |
| 14 | GDWN.L Goodwin PLC | 1.83% |
| 15 | CBOE Cboe Global Markets Inc | 1.53% |
| 16 | ICLR ICON PLC | 1.51% |
| 17 | MIAX Miami International Holdings Inc | 1.50% |
| 18 | NDAQ Nasdaq Inc | 1.48% |
| 19 | AMC AMC Entertainment Holdings Inc | 1.47% |
| 20 | LLY Eli Lilly & Co | 1.46% |
| 21 | MPLX MPLX LP | 1.43% |
| 22 | TKO TKO Group Holdings Inc | 1.42% |
| 23 | JAN Janus Living Inc | 1.42% |
| 24 | COST Costco Wholesale Corp | 1.42% |
| 25 | PAC Grupo Aeroportuario del Pacifico SAB de CV | 1.42% |
| 26 | SYF Synchrony Financial | 1.40% |
| 27 | LHX L3Harris Technologies Inc | 1.40% |
| 28 | BLK Blackrock Inc | 1.39% |
| 29 | STT State Street Corp | 1.35% |
| 30 | AMG Affiliated Managers Group Inc | 1.32% |
| 31 | MYRG MYR Group Inc | 1.28% |
| 32 | AGM Federal Agricultural Mortgage Corp | 1.24% |
| 33 | CNQ Canadian Natural Resources Ltd | 1.19% |
| 34 | RMS.PA Hermes International SCA | 1.16% |
| 35 | BKD Brookdale Senior Living Inc | 1.14% |
| 36 | GLEN.L Glencore PLC | 1.14% |
| 37 | MEDP Medpace Holdings Inc | 1.11% |
| 38 | CAAP Corp America Airports SA | 1.08% |
| 39 | 8830.T Sumitomo Realty & Development Co Ltd | 1.06% |
| 40 | 2768.T Sojitz Corp | 0.99% |
| 41 | GLE.PA Societe Generale SA | 0.98% |
| 42 | AGQ ProShares Ultra Silver | 0.97% |
| 43 | SPIE.PA SPIE SA | 0.96% |
| 44 | BAB.L Babcock International Group PLC | 0.96% |
| 45 | OC Owens Corning | 0.94% |
| 46 | BCS Barclays PLC | 0.92% |
| 47 | SRC.L SigmaRoc PLC | 0.91% |
| 48 | ITUB Itau Unibanco Holding SA | 0.91% |
| 49 | SFM Sprouts Farmers Market Inc | 0.89% |
| 50 | 9042.T Hankyu Hanshin Holdings Inc | 0.88% |
| 51 | TIGO Millicom International Cellular SA | 0.88% |
| 52 | WLDN Willdan Group Inc | 0.87% |
| 53 | PRX.AS Prosus NV | 0.87% |
| 54 | 5842.T Integral Group Corp | 0.87% |
| 55 | NTB Bank of NT Butterfield & Son Ltd/The | 0.86% |
| 56 | KSPI Kaspi.KZ JSC | 0.84% |
| 57 | AMS.SW ams-OSRAM AG | 0.82% |
| 58 | IDR.MC Indra Sistemas SA | 0.81% |
| 59 | 8154.T Kaga Electronics Co Ltd | 0.81% |
| 60 | 8058.T Mitsubishi Corp | 0.76% |
| 61 | AENA.MC Aena SME SA | 0.75% |
| 62 | 8601.T Daiwa Securities Group Inc | 0.74% |
| 63 | 8001.T ITOCHU Corp | 0.73% |
| 64 | 3003.T Hulic Co Ltd | 0.72% |
| 65 | GRUMAB.MX Gruma SAB de CV | 0.71% |
| 66 | 8411.T Mizuho Financial Group Inc | 0.69% |
| 67 | 9022.T Central Japan Railway Co | 0.68% |
| 68 | 8078.T Hanwa Co Ltd | 0.66% |
| 69 | 1928.T Sekisui House Ltd | 0.65% |
| 70 | WALMEX.MX Wal-Mart de Mexico SAB de CV | 0.65% |
| 71 | ASR Grupo Aeroportuario del Sureste SAB de CV | 0.63% |
| 72 | 1925.T Daiwa House Industry Co Ltd | 0.62% |
| 73 | 6432.T Takeuchi Manufacturing Co Ltd | 0.62% |
| 74 | 3231.T Nomura Real Estate Holdings Inc | 0.62% |
| 75 | PKBK Parke Bancorp Inc | 0.60% |
| 76 | ABVX Abivax SA | 0.57% |
| 77 | INSM Insmed Inc | 0.55% |
| 78 | RRX Regal Rexnord Corp | 0.53% |
| 79 | BBIO Bridgebio Pharma Inc | 0.53% |
| 80 | 8697.T Japan Exchange Group Inc | 0.53% |
| 81 | 8473.T SBI Holdings Inc | 0.52% |
| 82 | CRH CRH PLC | 0.51% |
| 83 | HOME.MC Neinor Homes SA | 0.50% |
| 84 | 8604.T Nomura Holdings Inc | 0.50% |
| 85 | AUTO.L Autotrader Group PLC | 0.48% |
| 86 | HEIJM.AS Koninklijke Heijmans N.V | 0.48% |
| 87 | 7419.T Nojima Corp | 0.48% |
| 88 | 4628.T SK Kaken Co Ltd | 0.47% |
| 89 | 8194.T Life Corp | 0.47% |
| 90 | RELX RELX PLC | 0.46% |
| 91 | 7744.T Noritsu Koki Co Ltd | 0.46% |
| 92 | JFN.SW Jungfraubahn Holding AG | 0.45% |
| 93 | RVMD Revolution Medicines Inc | 0.45% |
| 94 | APP AppLovin Corp | 0.45% |
| 95 | CUBI Customers Bancorp Inc | 0.44% |
| 96 | 6676.T Buffalo Inc /Japan | 0.44% |
| 97 | 8031.T Mitsui & Co Ltd | 0.43% |
| 98 | 1515.T Nittetsu Mining Co Ltd | 0.42% |
| 99 | 2201.T Morinaga & Co Ltd/Japan | 0.41% |
| 100 | CYTK Cytokinetics Inc | 0.41% |
| 101 | KRMN Karman Holdings Inc | 0.41% |
| 102 | 1801.T Taisei Corp | 0.40% |
| 103 | NWG.L NatWest Group PLC | 0.40% |
| 104 | 7609.T Daitron Co Ltd | 0.39% |
| 105 | 6061.T Universal Engeisha KK | 0.38% |
| 106 | 8803.T Heiwa Real Estate Co Ltd | 0.38% |
| 107 | 8804.T Tokyo Tatemono Co Ltd | 0.35% |
| 108 | 1913.HK PRADA SpA | 0.34% |
| 109 | 8053.T Sumitomo Corp | 0.33% |
| 110 | 5480.T Nippon Yakin Kogyo Co Ltd | 0.32% |
| 111 | 2602.T Nisshin Oillio Group Ltd/The | 0.32% |
| 112 | 6845.T Azbil Corp | 0.31% |
| 113 | 9960.T Totech Corp | 0.30% |
| 114 | FHZN.SW Flughafen Zurich AG | 0.30% |
| 115 | 7821.T Maeda Kosen Co Ltd | 0.30% |
| 116 | 5982.T Maruzen Co Ltd/Taito ward | 0.30% |
| 117 | 6951.T Jeol Ltd | 0.29% |
| 118 | 8850.T Starts Corp Inc | 0.29% |
| 119 | 5958.T Sanyo Industries Ltd | 0.29% |
| 120 | 8704.T Traders Holdings Co Ltd | 0.29% |
| 121 | 7740.T Tamron Co Ltd | 0.28% |
| 122 | 2685.T and ST HD Co Ltd | 0.26% |
| 123 | 4975.T JCU Corp | 0.26% |
| 124 | 6250.T YAMABIKO Corp | 0.25% |
| 125 | 6005.T Miura Co Ltd | 0.24% |
| 126 | 8074.T Yuasa Co Ltd | 0.24% |
| 127 | 6745.T Hochiki Corp | 0.23% |
| 128 | 6340.T Shibuya Corp | 0.23% |
| 129 | 5351.T Shinagawa Refra Co Ltd | 0.23% |
| 130 | 6420.T Galilei Holdings Co Ltd | 0.22% |
| 131 | 1879.T Shinnihon Corp | 0.22% |
| 132 | 1911.T Sumitomo Forestry Co Ltd | 0.22% |
| 133 | 5715.T Furukawa Co Ltd | 0.22% |
| 134 | 2801.T Kikkoman Corp | 0.21% |
| 135 | 8066.T Mitani Corp | 0.20% |
| 136 | 8043.T Starzen Co Ltd | 0.20% |
| 137 | 1930.T Hokuriku Electrical Construction Co Ltd | 0.20% |
| 138 | 4465.T Niitaka Co Ltd | 0.20% |
| 139 | 3679.T ZIGExN Co Ltd | 0.20% |
| 140 | 6874.T Kyoritsu Electric Corp | 0.19% |
| 141 | 2001.T Nippn Corp | 0.19% |
| 142 | 6349.T Komori Corp | 0.19% |
| 143 | 1847.T Ichiken Co Ltd | 0.19% |
| 144 | 9702.T ISB Corp | 0.19% |
| 145 | 4743.T Itfor Inc | 0.19% |
| 146 | 6125.T Okamoto Machine Tool Works Ltd | 0.19% |
| 147 | 1828.T TANABE ENGINEERING CORP | 0.19% |
| 148 | 2742.T Halows Co Ltd | 0.18% |
| 149 | 5889.T Japan Eyewear Holdings Co Ltd | 0.18% |
| 150 | 7864.T Fuji Seal International Inc | 0.18% |
| 151 | 4318.T Quick Co Ltd | 0.18% |
| 152 | 6023.T Daihatsu Infinearth Mfg Co Ltd | 0.18% |
| 153 | 6929.T Nippon Ceramic Co Ltd | 0.17% |
| 154 | 7326.T SBI Insurance Group Co Ltd | 0.17% |
| 155 | 3176.T Sanyo Trading Co Ltd | 0.17% |
| 156 | 8052.T Tsubakimoto Kogyo Co Ltd | 0.16% |
| 157 | 8935.T FJ Next Holdings Co Ltd | 0.16% |
| 158 | 2924.T Ifuji Sangyo Co Ltd | 0.16% |
| 159 | 3321.T Mitachi Co Ltd | 0.16% |
| 160 | 1663.T K&O Energy Group Inc | 0.16% |
| 161 | 9739.T NSW Inc/Japan | 0.16% |
| 162 | 4783.T NCD Co Ltd/Shinagawa | 0.16% |
| 163 | 1866.T Kitano Construction Corp | 0.15% |
| 164 | 4251.T KEIWA Inc | 0.15% |
| 165 | 3762.T TechMatrix Corp | 0.14% |
| 166 | 2222.T Kotobuki Spirits Co Ltd | 0.14% |
| 167 | 7521.T Musashi Co Ltd | 0.14% |
| 168 | 8059.T Daiichi Jitsugyo Co Ltd | 0.13% |
| 169 | 7781.T HIRAYAMA Holdings Co Ltd | 0.13% |
| 170 | 9273.T Koa Shoji Holdings Co Ltd | 0.12% |
| 171 | 2208.T Bourbon Corp/Japan | 0.12% |
| 172 | 5363.T TYK Corp/Tokyo | 0.12% |
| 173 | 6626.T SEMITEC Corp | 0.11% |
| 174 | 1867.T Ueki Corp | 0.11% |
| 175 | 2415.T Human Holdings Co Ltd | 0.11% |
| 176 | 1960.T Sanyo Engineering & Construction Inc | 0.11% |
| 177 | 9628.T San Holdings Inc | 0.10% |
| 178 | MAJOR.BK MAJOR CINEPLEX GRO THB1(LOCAL) | 0.10% |
| 179 | 9823.T Mammy Mart Holdings Corp | 0.10% |
| 180 | 6272.T Rheon Automatic Machinery Co Ltd | 0.09% |
| 181 | 3723.T Nihon Falcom Corp | 0.09% |
| 182 | 5071.T VIS Co Ltd | 0.08% |
| 183 | 9896.T JK Holdings Co Ltd | 0.08% |
| 184 | 6239.T Nagaoka International Corp | 0.07% |
| 185 | 6333.T Teikoku Corp | 0.07% |
| 186 | 7235.T Tokyo Radiator Manufacturing Co Ltd | 0.07% |
| 187 | 7191.T Entrust Inc | 0.06% |
| 188 | 9799.T Asahi Intelligence Service Co Ltd | 0.06% |
| 189 | 9145.T Being Holdings Co Ltd | 0.05% |
| 190 | 4231.T Tigers Polymer Corp | 0.04% |
| 191 | 9709.T NCS&A Co Ltd | 0.03% |
| 192 | 5888.T DAIWA CYCLE Co Ltd | 0.02% |
| 193 | IRE Defiance Daily Target 2X Long IREN ETF | -0.07% |
| 194 | NBIG Leverage Shares 2X Long NBIS Daily ETF | -0.07% |
| 195 | OPEN Opendoor Technologies Inc | -0.10% |
| 196 | FJET Starfighters Space Inc | -0.11% |
| 197 | CRWG Leverage Shares 2X Long CRWV Daily ETF | -0.11% |
| 198 | ILMN Illumina Inc | -0.12% |
| 199 | SLS SELLAS Life Sciences Group Inc | -0.12% |
| 200 | CRWL GraniteShares 2x Long CRWD Daily ETF | -0.12% |
| 201 | KMTS Kestra Medical Technologies Ltd | -0.13% |
| 202 | PALU Direxion Daily PANW Bull 2X ETF | -0.14% |
| 203 | TWST Twist Bioscience Corp | -0.14% |
| 204 | WIX Wix.com Ltd | -0.14% |
| 205 | CION CION Investment Corp | -0.14% |
| 206 | GLXY Galaxy Digital Inc | -0.14% |
| 207 | RIG Transocean Ltd | -0.15% |
| 208 | PACB Pacific Biosciences of California Inc | -0.16% |
| 209 | DNA Ginkgo Bioworks Holdings Inc | -0.16% |
| 210 | ECL Ecolab Inc | -0.17% |
| 211 | AAPU Direxion Daily AAPL Bull 2X ETF | -0.17% |
| 212 | WMT Walmart Inc | -0.17% |
| 213 | WU Western Union Co/The | -0.17% |
| 214 | PRGS Progress Software Corp | -0.17% |
| 215 | MRNA Moderna Inc | -0.17% |
| 216 | OCSL Oaktree Specialty Lending Corp | -0.17% |
| 217 | NET Cloudflare Inc | -0.17% |
| 218 | BJ BJ's Wholesale Club Holdings Inc | -0.17% |
| 219 | ANDG Andersen Group Inc | -0.17% |
| 220 | RPD Rapid7 Inc | -0.18% |
| 221 | AMPY Amplify Energy Corp | -0.19% |
| 222 | ATEC Alphatec Holdings Inc | -0.21% |
| 223 | UNIT Uniti Group Inc | -0.25% |
| 224 | ASTS AST SpaceMobile Inc | -0.27% |
| 225 | XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF | -0.29% |
| 226 | CALX Calix Inc | -0.29% |
| 227 | ASST Strive Inc | -0.30% |
| 228 | OIH VanEck Oil Services ETF | -0.30% |
| 229 | HOV Hovnanian Enterprises Inc | -0.31% |
| 230 | ARLO Arlo Technologies Inc | -0.32% |
| 231 | ZUMZ Zumiez Inc | -0.32% |
| 232 | GRAL GRAIL Inc | -0.32% |
| 233 | CNHI CNH Industrial NV | -0.33% |
| 234 | FNKO Funko Inc | -0.33% |
| 235 | TDG TransDigm Group Inc | -0.34% |
| 236 | RXT Rackspace Technology Inc | -0.35% |
| 237 | ARCC Ares Capital Corp | -0.40% |
| 238 | NRGV Energy Vault Holdings Inc | -0.40% |
| 239 | REI Ring Energy Inc | -0.41% |
| 240 | KMX CarMax Inc | -0.41% |
| 241 | JBLU JetBlue Airways Corp | -0.43% |
| 242 | WTI W&T Offshore Inc | -0.46% |
| 243 | NIO NIO Inc | -0.47% |
| 244 | LULU Lululemon Athletica Inc | -0.52% |
| 245 | HPP Hudson Pacific Properties Inc | -0.55% |
| 246 | AMCX AMC Global Media Inc | -0.60% |
| 247 | STX Seagate Technology Holdings PLC | -0.61% |
| 248 | MSTR Strategy Inc | -0.61% |
| 249 | JBGS JBG SMITH Properties | -0.63% |
| 250 | COIN Coinbase Global Inc | -0.63% |
| 251 | DEI Douglas Emmett Inc | -0.64% |
| 252 | KRC Kilroy Realty Corp | -0.70% |
| 253 | BUR Burford Capital Ltd | -0.72% |
| 254 | OBDC Blue Owl Capital Corp | -0.78% |
| 255 | WFC Wells Fargo & Co | -0.80% |
| 256 | MSOS AdvisorShares Pure US Cannabis ETF | -0.85% |
| 257 | BBY Best Buy Co Inc | -0.85% |
| 258 | OXLC Oxford Lane Capital Corp | -0.87% |
| 259 | FSK FS KKR Capital Corp | -0.87% |
| 260 | BN Brookfield Corp | -0.88% |
| 261 | DLR Digital Realty Trust Inc | -0.92% |
| 262 | SBUX Starbucks Corp | -0.96% |
| 263 | CVNA Carvana Co | -0.98% |
| 264 | PSEC Prospect Capital Corp | -0.99% |
| 265 | TCPC BlackRock TCP Capital Corp | -1.00% |
| 266 | KMB Kimberly-Clark Corp | -1.21% |
| 267 | RWAY Runway Growth Finance Corp | -1.66% |
| 268 | SDIV Global X SuperDividend ETF | -2.16% |
| 269 | EFA iShares MSCI EAFE ETF | -2.53% |
| 270 | SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF | -4.29% |
| 271 | VB Vanguard Morningstar Small-Cap ETF | -8.45% |
| 272 | IJR iShares Core S&P Small-Cap ETF | -8.52% |
| 273 | DVY iShares Select Dividend ETF | -10.50% |
Sector breakdown
Industrials31.1%
Financial Services26.4%
Consumer Cyclical6.8%
Healthcare6.2%
Energy5.9%
Basic Materials5.2%
Consumer Defensive4.9%
Technology4.6%
Communication Services4.5%
Real Estate4.3%
Utilities0.1%
Country breakdown
United States38.5%
Japan37.2%
Mexico5.5%
France4.8%
United Kingdom4.5%
Brazil2.1%
Spain1.6%
Switzerland1.4%
Canada0.9%
Argentina0.8%
Austria0.6%
Netherlands0.4%
Distributions
No distributions on file.
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in ORR in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error