Horrell Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABB LTD	SPONSERED ADR	000375204	470	26,598	SH		SOLE	0	26,598	0	0
AT&T INC	COM	00206R102	1,366	41,917	SH		SOLE	0	41,917	0	0
ACXIOM CORP	COM	005125109	526	26,598	SH		SOLE	0	26,598	0	0
ADTRAN INC	COM	00738A106	4,603	315,250	SH		SOLE	0	315,250	0	0
ADVANCED ENVIRONMENTAL	COM	007947104	2	26,598	SH		SOLE	0	26,598	0	0
SEMPRA ENERGY	COM	009984798	97	1,000	SH		SOLE	0	1,000	0	0
ALTRIA GROUP INC	COM NEW	02209S103	9	169	SH		SOLE	0	169	0	0
AMAZON COM INC	COM	023135106	12	23	SH		SOLE	0	23	0	0
AMERICAN EXPRESS CO	COM	025816109	3	44	SH		SOLE	0	44	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	284	5,000	SH		SOLE	0	5,000	0	0
AMERICAN RAILCAR INDS INC	COM	02916P103	962	26,598	SH		SOLE	0	26,598	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	264	3,000	SH		SOLE	0	3,000	0	0
AMERICAS CAR MART INC	COM	03062T105	880	26,598	SH		SOLE	0	26,598	0	0
AMGEN INC	COM	031162100	6	445	SH		SOLE	0	455	0	0
ANADARKO PETE CORP	COM	032511107	3	56	SH		SOLE	0	56	0	0
ANNALY CAP MGMT INC	COM	035710409	39	4,000	SH		SOLE	0	4,000	0	0
APACHE CORP	COM	037411105	24	625	SH		SOLE	0	625	0	0
APOLLO GLOBAL MGMT LLC	CL A SHS	037612306	41	2,400	SH		SOLE	0	2,400	0	0
APPLE INC	COM	037833100	260	2,359	SH		SOLE	0	2,359	0	0
ARES CAP CORP	COM	04010L103	14	1,000	SH		SOLE	0	1,000	0	0
ARCBEST CORPORATION	COM	040790107	685	26,598	SH		SOLE	0	26,598	0	0
BP PLC	SP ADR	055622104	214	7,000	SH		SOLE	0	7,000	0	0
BANK OF AMERICA CORPORATION	COM	060505104	581	37,288	SH		SOLE	0	37,288	0	0
BANK OF THE OZARKS INC	COM	063904106	4,678	106,890	SH		SOLE	0	106,890	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	8	200	SH		SOLE	0	200	0	0
BANCSHARES OF FAYETTEVILLE AR	COM	066515107	147	3,332	SH		SOLE	0	3,332	0	0
BARCLAYS BANK IPATH NEV	COM	06742E711	3	125	SH		SOLE	0	125	0	0
BAXTER INTL INC	COM	071813109	874	26,598	SH		SOLE	0	26,598	0	0
CAIRN ENERGY NEW ORD	ORD	073569362	11	3,939	SH		SOLE	0	3,939	0	0
BEAR STATE FINANCIAL INC	COM	073844102	3,120	350,541	SH		SOLE	0	350,541	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	13	100	SH		SOLE	0	100	0	0
BEST BUY INC	COM	086516101	4	100	SH		SOLE	0	100	0	0
BLACKRODK MUN TARGET TERM TR	COM SHS BEN IN	09257P105	40	1,940	SH		SOLE	0	1,940	0	0
BRIGHTCOVE INC	COM	10921T101	1,181	240,000	SH		SOLE	0	240,000	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	12	200	SH		SOLE	0	200	0	0
CABELLAS INC	COM	126804301	5	100	SH		SOLE	0	100	0	0
CALIX INC	COM	13100M509	3,904	501,200	SH		SOLE	0	501,200	0	0
CATERPILLAR INC DEL	COM	149123101	15	226	SH		SOLE	0	226	0	0
CHESAPEAKE ENERGY CORP	COM	165167107	7	1,000	SH		SOLE	0	1,000	0	0
CHEVRON CORP NEW	COM	166764100	56	709	SH		SOLE	0	709	0	0
CITIGROUP INC	COM NEW	172967424	111	2,240	SH		SOLE	0	2,240	0	0
CLICKSOFTWARE TECHNOLOGIES L	ORD	M25082104	4,735	374,300	SH		SOLE	0	374,300	0	0
COACH INC	COM	189754104	3	100	SH		SOLE	0	100	0	0
COCA COLA CO	COM	191216100	29	712	SH		SOLE	0	712	0	0
COLGATE PALMOLIVE CO	COM	194162103	2	36	SH		SOLE	0	36	0	0
COMCAST CORP NEW	CL A	20030N101	10	169	SH		SOLE	0	169	0	0
COMMUNICATIONS SALES & LEASING	COM	20341J104	97	5,419	SH		SOLE	0	5,419	0	0
COMMUNITY HEALTH SYS INC NEW	COM	203668108	1,138	26,598	SH		SOLE	0	26,598	0	0
COMMVAULT SYSTEMS, INC	COM	204166102	2,632	77,500	SH		SOLE	0	77,500	0	0
COMPX INTERNATIONAL INC	CL A	20563P101	110	10,000	SH		SOLE	0	10,000	0	0
CONAGRA FOODS INC	COM	205887102	1,077	26,598	SH		SOLE	0	26,598	0	0
CONOCOPHILLIPS	COM	20825C104	3	68	SH		SOLE	0	68	0	0
CONVERGYS CORP	COM	212485106	8,089	350,000	SH		SOLE	0	350,000	0	0
COOPER TIRE & RUBR CO	COM	216831107	1,051	26,598	SH		SOLE	0	26,598	0	0
COSTCO WHOLESALE CORP NEW	COM	22160K105	7	50	SH		SOLE	0	50	0	0
COVENANT TRANSN GROUP INC	CL A	22284P105	478	26,598	SH		SOLE	0	26,598	0	0
CRACKER BARREL OLD CTRY STOR	COM	22410J106	3,917	26,598	SH		SOLE	0	26,598	0	0
CUMMINS INC	COM	230121106	142	1,308	SH		SOLE	0	1,308	0	0
DASSAULT SYSTEMS SA	COM	237545108	3,919	53,196	SH		SOLE	0	53,196	0	0
DATALINK CORP	COM	237934104	5,822	975,200	SH		SOLE	0	975,200	0	0
DELTIC TIMBER CORP	COM	247850100	1,591	26,598	SH		SOLE	0	26,598	0	0
DIAGEO PLC	COM	25243Q205	8	70	SH		SOLE	0	70	0	0
DIGITALGLOBE INC	COM NEW	25389M877	3,711	195,100	SH		SOLE	0	195,100	0	0
DILLARDS INC	CL A	254067101	2,324	26,598	SH		SOLE	0	26,598	0	0
DIREXION SHS NEW ETF	ETF	25459Y488	18	1,380	SH		SOLE	0	1,380	0	0
DISNEY WALT CO	COM DISNEY	254687106	5	46	SH		SOLE	0	46	0	0
DOLLAR GEN CORP NEW	COM	256677105	1,927	26,598	SH		SOLE	0	26,598	0	0
DOLLAR TREE INC	COM	256746108	1,773	26,598	SH		SOLE	0	26,598	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	296	4,116	SH		SOLE	0	4,116	0	0
DUKE REALTY CORP	COM NEW	264411505	3	138	SH		SOLE	0	138	0	0
EATON VANCE MUN INCOME TERM	SHS	27829U105	40	2,290	SH		SOLE	0	2,290	0	0
E M C CORP MASS	COM	268648102	53	2,192	SH		SOLE	0	2,192	0	0
ETFS PRECIOUS METALS BASKET	PHYS PM BSKT	26922W109	7	500	SH		SOLE	0	500	0	0
ENPRO INDS INC	COM	29355X107	239	6,105	SH		SOLE	0	6,105	0	0
ENTERGY CORP NEW	COM	29364G103	1,733	26,628	SH		SOLE	0	26,628	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	219	8,800	SH		SOLE	0	8,800	0	0
ENZO BIOCHEM INC	COM	294100102	3	1,048	SH		SOLE	0	1,048	0	0
EXXON MOBIL CORP	COM	30231G102	224	3,016	SH		SOLE	0	3,016	0	0
FEDEX CORP	COM	31428X106	3,839	26,666	SH		SOLE	0	26,666	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	5,943	88,598	SH		SOLE	0	88,598	0	0
FIDELITY NATIONAL FINANCIAL	CL A	31620R105	1,923	54,223	SH		SOLE	0	54,223	0	0
FIRMA HOLDINGS COPR	COM	31832R109	46	512,155	SH		SOLE	0	512,155	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	83	6,200	SH		SOLE	0	6,200	0	0
FREDS INC	CL A	356108100	315	26,598	SH		SOLE	0	26,598	0	0
GENERAL ELECTRIC CO	COM	369604103	139	5,500	SH		SOLE	0	5,500	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	78	450	SH		SOLE	0	450	0	0
GOOGLE INC CL A	CL A	38259P508	3	5	SH		SOLE	0	5	0	0
GOOGLE INC CL C	CL C	38259P706	4	7	SH		SOLE	0	7	0	0
HSBC HLDGS PLC	SPON ADR NEW	404280406	22	569	SH		SOLE	0	569	0	0
HALCON RES CORP	COM NEW	40537Q209	1	2,000	SH		SOLE	0	2,000	0	0
HARLEY DAVIDSON INC	COM	412822108	8	147	SH		SOLE	0	147	0	0
HERSHEY CO	COM	427866108	9	100	SH		SOLE	0	100	0	0
HEWLETT PACKARD CO	COM	428236103	691	26,987	SH		SOLE	0	26,987	0	0
HOME BANCSHARES INC	COM	436893200	2,154	53,196	SH		SOLE	0	53,196	0	0
HOME DEPOT INC	COM	437076102	3,072	26,598	SH		SOLE	0	26,598	0	0
HONEYWELL INTL INC	COM	438516106	43	450	SH		SOLE	0	450	0	0
HUNT J B TRANS SVCS INC	COM	445658107	3,132	43,860	SH		SOLE	0	43,860	0	0
INTEL CORP	COM	458140100	17	548	SH		SOLE	0	548	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	20	139	SH		SOLE	0	139	0	0
INUVO, INC	COM	46122W204	77	26,598	SH		SOLE	0	26,598	0	0
INVESCO MUNI OPPT TR	TR INTERMEDIATE	46132C107	4	300	SH		SOLE	0	300	0	0
ISHARES	CORE ETF AGG	464287226	44	400	SH		SOLE	0	400	0	0
ISHARES	S&P 500 VAL ETF	464287408	55	650	SH		SOLE	0	650	0	0
ISHARES	7-10 YR T BD	434287440	24	224	SH		SOLE	0	224	0	0
ISHARES	RUS 1000 VAL ETF	464287598	37	400	SH		SOLE	0	400	0	0
ISHARES	RUSSELL 2000 ETF	464287655	13	115	SH		SOLE	0	115	0	0
ISHARES	EMERG MKTS ETF	464288216	1	25	SH		SOLE	0	25	0	0
ISHARES	U.S. PFD STK ETF	464288687	97	2,500	SH		SOLE	0	2,500	0	0
J ALEXANDERS HOLDINGS CL A	COM CL A	46609J106	18	1,790	SH		SOLE	0	1,790	0	0
JPMORGAN CHASE & CO	COM	46625H100	96	1,569	SH		SOLE	0	1,569	0	0
JOHNSON & JOHNSON	COM	478160104	110	1,180	SH		SOLE	0	1,180	0	0
JOHNSON CTLS INC	COM	478366107	6	144	SH		SOLE	0	144	0	0
KOPPERS HOLDINGS INC	COM	50060P106	2	94	SH		SOLE	0	94	0	0
KROGER CO	COM	501044101	1,919	53,196	SH		SOLE	0	53,196	0	0
LENNOX INTL INC	COM	526107107	3,014	26,598	SH		SOLE	0	26,598	0	0
LIMELIGHT NETWORKS INC	COM	53261M104	458	240,030	SH		SOLE	0	240,030	0	0
LOWES COS INC	COM	548661107	1,843	26,744	SH		SOLE	0	26,744	0	0
LULULEMON ATHLETICA INC	COM	550021109	10	200	SH		SOLE	0	200	0	0
MARCHEX, INC	COM	56624R108	1,330	330,000	SH		SOLE	0	330,000	0	0
MEDTRONIC PLC	PLC ORD	G5960L103	7	100	SH		SOLE	0	100	0	0
MICROSOFT CORP	COM	594918104	102	2,310	SH		SOLE	0	2,310	0	0
MORGAN STANLEY	COM NEW	617446448	18	583	SH		SOLE	0	583	0	0
MURPHY OIL CORP	COM	626717102	644	26,598	SH		SOLE	0	26,598	0	0
MURPHY USA INC	COM	626755102	1,462	26,598	SH		SOLE	0	26,598	0	0
NESTLE SA REG ORD	REG ORD	641069406	1,994	26,598	SH		SOLE	0	26,598	0	0
NORFOLK SOUTHERN CORP	COM	655844108	55	724	SH		SOLE	0	724	0	0
NORTHROP GRUMMAN CORP	COM	666807102	4	27	SH		SOLE	0	27	0	0
NUCOR CORP	COM	670346105	999	26,598	SH		SOLE	0	26,598	0	0
NUVEEN DIVID ADVANTAGE MUN F	COM	67066V101	37	2,660	SH		SOLE	0	2,660	0	0
NXP SEMICONDUCTORS NV	COM	N6596X109	61	700	SH		SOLE	0	700	0	0
O'REILLY AUTOMOTIVE, INC	COM	67103H107	6,650	26,598	SH		SOLE	0	26,598	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	3	42	SH		SOLE	0	42	0	0
OCWEN FINL CORP	COM NEW	675746309	27	4,000	SH		SOLE	0	4,000	0	0
ORACLE CORP	COM	68389X105	33	900	SH		SOLE	0	900	0	0
P A M TRANSN SVCS INC	COM	693149106	879	26,598	SH		SOLE	0	26,598	0	0
PAYCHEX, INC	COM	704326107	143	3,000	SH		SOLE	0	3,000	0	0
PENNY J C INC	COM	708160106	248	26,698	SH		SOLE	0	26,698	0	0
PEPSICO INC	COM	713448108	2,727	28,923	SH		SOLE	0	28,923	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	4	1,000	SH		SOLE	0	1,000	0	0
PFIZER INC	COM	717081103	5	159	SH		SOLE	0	159	0	0
PHILIP MORRIS INTL INCE	COM	718172109	2	30	SH		SOLE	0	30	0	0
PHILLIPS 66	COM	718546104	3	34	SH		SOLE	0	34	0	0
PILGRIMS PRIDE CORP NEW	COM	72147K108	553	26,598	SH		SOLE	0	26,598	0	0
PIMCO ASSET CLD	COM	72200Q679	66	6,353	SH		SOLE	0	6,353	0	0
PIPER JAFFRAY COS	COM	724078100	11	296	SH		SOLE	0	296	0	0
PLUM CREEK TIMBER CO INC	COM	729251108	8	207	SH		SOLE	0	207	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	94	925	SH		SOLE	0	925	0	0
PRINCIPAL FINANCIAL GROUP INC	COM	74251V102	5	100	SH		SOLE	0	100	0	0
PROCTOR & GAMBLE CO	COM	742718109	91	1,268	SH		SOLE	0	1,268	0	0
PROSHARES TR	SHRT 20+YR TRE	74347X849	245	10,000	SH		SOLE	0	10,000	0	0
PRUDENTIAL FINL INC	COM	744320102	6	73	SH		SOLE	0	73	0	0
RACKSPACE HOSTING INC	COM	750086100	494	20,000	SH		SOLE	0	20,000	0	0
REGIONS FINL CORP NEW	COM	7591EP100	2	191	SH		SOLE	0	191	0	0
RESOURCE CAP CORP	COM	76120W302	70	6,250	SH		SOLE	0	6,250	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	48	250	SH		SOLE	0	250	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	169	1,585	SH		SOLE	0	1,585	0	0
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	24	150	SH		SOLE	0	150	0	0
SCHWAB US LCAP ETF	LG CAP ETF	808524201	6	133	SH		SOLE	0	133	0	0
SCHWAB US REIT ETF	US MID-CAP ETF	808524508	6	175	SH		SOLE	0	175	0	0
SCHWAB US SCAP ETF	SM CAP ETF	808524607	6	118	SH		SOLE	0	118	0	0
SCHWAB EMG MKT EQ ETF	EMG MKT EQ ETF	808524706	4	212	SH		SOLE	0	212	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	6	214	SH		SOLE	0	214	0	0
SCHWAB US AGG BND ETF	US AGG BND ETF	808524839	6	111	SH		SOLE	0	111	0	0
SCHWAB US TIPS ETF	US TIPS ETF	808524870	6	105	SH		SOLE	0	105	0	0
SHELL MIDSTREAM PTNRS LP	COM	82263Y101	29	1,000	SH		SOLE	0	1,000	0	0
SIERRA WIRELESS, INC	COM	826516106	2,761	130,500	SH		SOLE	0	130,500	0	0
SIMMONS 1ST NATL CORP	CL A $1 PAR	828730200	1,275	26,598	SH		SOLE	0	26,598	0	0
SIRIUS XM HLDGS INC	COM	82967N108	112	30,000	SH		SOLE	0	30,000	0	0
SONUS NETWORKS, INC NEW	COM NEW	835916503	4,756	831,500	SH		SOLE	0	831,500	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	675	53,196	SH		SOLE	0	53,196	0	0
TARGET CORP	COM	87612E106	2,100	26,698	SH		SOLE	0	26,698	0	0
TEMPLETON GLOBAL INCOME FD	COM	880198106	5	789	SH		SOLE	0	789	0	0
TENARIS S A	SPONSORED ADR	88031M109	1	37	SH		SOLE	0	37	0	0
TENNECO INC	COM	880349105	1,191	26,598	SH		SOLE	0	26,598	0	0
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	4	66	SH		SOLE	0	66	0	0
TEXAS INSTRS INC	COM	882508104	15	297	SH		SOLE	0	297	0	0
TEXTRON INC	COM	883203101	192	5,100	SH		SOLE	0	5,100	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	61	500	SH		SOLE	0	500	0	0
THORATEC CORP	COM NEW	885175307	116	1,835	SH		SOLE	0	1,835	0	0
3M COMPANY	COM	88579Y101	7	50	SH		SOLE	0	50	0	0
TIME WARNER INC	COM NEW	887317303	2	33	SH		SOLE	0	33	0	0
TIME WARNER CABLE INC	COM	88732J207	1	8	SH		SOLE	0	8	0	0
TYSON FOODS INC	CL A	902494103	1,146	26,598	SH		SOLE	0	26,598	0	0
USA TRUCK INC	COM	902925106	458	26,598	SH		SOLE	0	26,598	0	0
US BANCORP DEL	COM NEW	902973304	2,296	55,995	SH		SOLE	0	55,995	0	0
UNILEVER N V	N Y SHS NEW	904784709	10	248	SH		SOLE	0	248	0	0
UNION PAC CORP	COM	907818108	6,777	76,651	SH		SOLE	0	76,651	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	2,625	26,598	SH		SOLE	0	26,598	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	15	173	SH		SOLE	0	173	0	0
VALHI INC NEW	COM	918905100	57	30,000	SH		SOLE	0	30,000	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	86	1,075	SH		SOLE	0	1,075	0	0
VANGUARD TOTAL INTL BD FD	INTL BD FD	921937835	6	108	SH		SOLE	0	108	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	1,188	27,298	SH		SOLE	0	27,298	0	0
VIAD CORP	COM NEW	92552R406	1	25	SH		SOLE	0	25	0	0
WAL-MART STORES INC	COM	931142103	1,901	29,322	SH		SOLE	0	29,322	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,322	27,948	SH		SOLE	0	27,948	0	0
WELLS FARGO & CO NEW	COM	949746101	29	569	SH		SOLE	0	569	0	0
WINDSTREAM HLDGS INC	COM	97382A200	27	4,433	SH		SOLE	0	4,433	0	0
WISDOMTREE TR	EMERG MKTS ETF	97717W315	1	40	SH		SOLE	0	40	0	0
YUM BRANDS INC	COM	988498101	136	1,700	SH		SOLE	0	1,700	0	0
YUME INC	COM	98872B104	3,494	1,348,900	SH		SOLE	0	1,348,900	0	0
ZOETIS INC	CL A	98978V103	4	97	SH		SOLE	0	97	0	0