Managing Partner

0001411784-15-000004.txt : 20150512 0001411784-15-000004.hdr.sgml : 20150512 20150512152100 ACCESSION NUMBER: 0001411784-15-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150331 FILED AS OF DATE: 20150512 DATE AS OF CHANGE: 20150512 EFFECTIVENESS DATE: 20150512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Pinnacle Holdings, LLC CENTRAL INDEX KEY: 0001411784 IRS NUMBER: 204065035 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12706 FILM NUMBER: 15854186 BUSINESS ADDRESS: STREET 1: 233 SOUTH DETROIT AVENUE STREET 2: SUITE 100 CITY: TULSA STATE: OK ZIP: 74120 BUSINESS PHONE: 918-582-6864 MAIL ADDRESS: STREET 1: 233 SOUTH DETROIT AVENUE STREET 2: SUITE 100 CITY: TULSA STATE: OK ZIP: 74120 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001411784 XXXXXXXX 03-31-2015 03-31-2015 Pinnacle Holdings, LLC

233 SOUTH DETROIT AVENUE SUITE 100 TULSA OK 74120

13F HOLDINGS REPORT 028-12706 N David M. Poarch Managing Partner 918-582-6864 David M. Poarch Tulsa OK 05-12-2015 0 222 275766 false INFORMATION TABLE 2 informationtable.xml HOLDINGS REPORT CVR Partners COM 126633106 13150 1000 SH SOLE 0 1000 0 0 Capital Bank Fin COM 139794101 13060 473 SH SOLE 0 473 0 0 Caterpillar Inc. COM 149123101 1238304 15473 SH SOLE 0 15473 0 0 Central Valley Comm Banc COM 155685100 10979 1000 SH SOLE 0 1000 0 0 Chevron Corp COM 166764100 2025169 19291 SH SOLE 0 19291 0 0 Choiceone Financial COM 170386106 13645 576 SH SOLE 0 576 0 0 Citigroup Inc COM 172967226 271734 372238 SH SOLE 0 372238 0 0 Citigroup COM 172967226 2150 2945 SH SOLE 0 2945 0 0 Citizens Financial COM 174610105 385356 15970 SH SOLE 0 15970 0 0 Coca-Cola Company COM 191216100 686065 16919 SH SOLE 0 16919 0 0 Codorus Bancorp COM 192025104 721536 35544 SH SOLE 0 35544 0 0 DCB Financial COM 233075100 56746 7827 SH SOLE 0 7827 0 0 Daktronics COM 234264109 1072709 99233 SH SOLE 0 99233 0 0 Walt Disney COM 254687106 1678914 16006 SH SOLE 0 16006 0 0 Du Pont COM 263534109 1187474 16615 SH SOLE 0 16615 0 0 Eastern Virginia Banks COM 277196101 886569 141624 SH SOLE 0 141624 0 0 Enterprise Products LP COM 293792107 1241066 37688 SH SOLE 0 37688 0 0 F.N.B. Corporation COM 302520101 110954 8444 SH SOLE 0 8444 0 0 Federal Agricultural Mortgage COM 313148306 11276 400 SH SOLE 0 400 0 0 Freddie Mac PREF STK 313400640 575943 147300 SH SOLE 0 147300 0 0 Fifth Third Bancorp COM 316773100 122054 6475 SH SOLE 0 6475 0 0 First Bancorp COM 318910106 221360 12606 SH SOLE 0 12606 0 0 First Bancshares COM 318916103 901253 55431 SH SOLE 0 55431 0 0 First Commonwealth Financial COM 319829107 205902 22878 SH SOLE 0 22878 0 0 First Community COM 319835104 441389 37855 SH SOLE 0 37855 0 0 First Merchants COM 320817109 454793 19320 SH SOLE 0 19320 0 0 Ford Motor COM 345370860 77483 4801 SH SOLE 0 4801 0 0 FreightCar America COM 357023100 1232339 39209 SH SOLE 0 39209 0 0 General Electric COM 369604103 839638 33843 SH SOLE 0 33843 0 0 Genesis Energy COM 371927104 4711374 100242 SH SOLE 0 100242 0 0 HF Financial COM 404172108 594212 40231 SH SOLE 0 40231 0 0 Haverty Furniture Co COM 419596101 1040357 41815 SH SOLE 0 41815 0 0 Hawaiian Holdings COM 419879101 255204 11587 SH SOLE 0 11587 0 0 Holly Energy LP COM 435763107 2480490 78896 SH SOLE 0 78896 0 0 Home Depot COM 437076102 1857524 16350 SH SOLE 0 16350 0 0 Honeywell COM 438516106 52155 500 SH SOLE 0 500 0 0 HopFed Bancorp COM 439734104 320559 24907 SH SOLE 0 24907 0 0 Independent Bank COM 453838609 667826 52052 SH SOLE 0 52052 0 0 Intel COM 458140100 588783 18829 SH SOLE 0 18829 0 0 IBM COM 459200101 2508776 15631 SH SOLE 0 15631 0 0 International Paper COM 460146103 20254 365 SH SOLE 0 365 0 0 iShares TIPS COM 464287176 185603 1634 SH SOLE 0 1634 0 0 iShares MSCI Emerging COM 464287234 305590 7615 SH SOLE 0 7615 0 0 iShares Financial COM 464287788 425125 4774 SH SOLE 0 4774 0 0 Johnson & Johnson COM 478160104 1855466 18444 SH SOLE 0 18444 0 0 Kaiser Aluminum COM 483007704 1354494 17616 SH SOLE 0 17616 0 0 MDC Holdings COM 552676108 911060 31967 SH SOLE 0 31967 0 0 Magellan Midstream LP COM 559080106 8994938 117259 SH SOLE 0 117259 0 0 MarkWest Energy LP COM 570759100 6181804 93522 SH SOLE 0 93522 0 0 Martin Midstream LP COM 573331105 2329542 65732 SH SOLE 0 65732 0 0 Masonite Int COM 575385109 1044010 15522 SH SOLE 0 15522 0 0 McDermott Int COM 580037109 531506 138413 SH SOLE 0 138413 0 0 McDonald's COM 580135101 1680937 17251 SH SOLE 0 17251 0 0 Mercantile Bank COM 587376104 1513858 77435 SH SOLE 0 77435 0 0 Microsoft Corporation COM 594918104 739632 18193 SH SOLE 0 18193 0 0 MidWest One Financial COM 598511103 250792 8699 SH SOLE 0 8699 0 0 Nike Inc. COM 654106103 1547891 15428 SH SOLE 0 15428 0 0 OM Group COM 670872100 1238417 41239 SH SOLE 0 41239 0 0 Old National Bancorp COM 680033107 1121924 79064 SH SOLE 0 79064 0 0 Olin Corp COM 680665205 1680267 52443 SH SOLE 0 52443 0 0 ONEOK COM 682680103 6131057 127095 SH SOLE 0 127095 0 0 Peoples Bancorp COM 710577107 713699 38641 SH SOLE 0 38641 0 0 PetroQuest CONV PREF 716748207 1405236 62562 SH SOLE 0 62562 0 0 Pfizer COM 717081103 795995 22880 SH SOLE 0 22880 0 0 Pioneer Energy Services COM 723664108 5691 1050 SH SOLE 0 1050 0 0 Plains All American LP COM 726503105 1005784 20623 SH SOLE 0 20623 0 0 Procter & Gamble COM 742718109 1431410 17469 SH SOLE 0 17469 0 0 RAIT Financial COM 749227104 307328 44800 SH SOLE 0 44800 0 0 Rice Midstream LP COM 762819100 977837 69301 SH SOLE 0 69301 0 0 Rofin-Sinar Tech COM 775043102 815824 33670 SH SOLE 0 33670 0 0 Rose Rock LP COM 777149105 3611313 76028 SH SOLE 0 76028 0 0 Shell Midstream LP COM 822634101 3373851 86509 SH SOLE 0 86509 0 0 Southeastern Bank Fin COM 841584105 563584 20146 SH SOLE 0 20146 0 0 Southern First Banc COM 842873101 1191785 70105 SH SOLE 0 70105 0 0 Southwest Bancorp COM 844767103 12453 700 SH SOLE 0 700 0 0 Southwestern Energy COM 845467109 11131 480 SH SOLE 0 480 0 0 Spartan Motors COM 846819100 933014 192374 SH SOLE 0 192374 0 0 SunPower Corp COM 867652406 7389 236 SH SOLE 0 236 0 0 SunTrust Banks COM 867914103 390379 9501 SH SOLE 0 9501 0 0 Superior Industries COM 868168105 1010364 53374 SH SOLE 0 53374 0 0 SUPERVALU COM 868536103 30238 2600 SH SOLE 0 2600 0 0 Susquehanna Banc COM 869099101 29477 2150 SH SOLE 0 2150 0 0 Timberland Bancorp COM 887098101 402446 37350 SH SOLE 0 37350 0 0 Toll Brothers COM 889478103 3934 100 SH SOLE 0 100 0 0 Treasure Island Trust COM 894626209 480 15000 SH SOLE 0 15000 0 0 Umpqua Holdings COM 904214103 18898 1100 SH SOLE 0 1100 0 0 Unisys COM 909214306 1018107 43865 SH SOLE 0 43865 0 0 Unit Corp COM 909218109 196839 7035 SH SOLE 0 7035 0 0 United Bancshares COM 909458101 470957 31025 SH SOLE 0 31025 0 0 United Technologies COM 913017109 1823984 15563 SH SOLE 0 15563 0 0 Wal-Mart Stores COM 931142103 1402774 17055 SH SOLE 0 17055 0 0 Webco Industries COM 947621207 5950 100 SH SOLE 0 100 0 0 Western Gas LP COM 958254104 434610 6600 SH SOLE 0 6600 0 0 Whiting Petroleum COM 966387102 10815 350 SH SOLE 0 350 0 0 Williams Companies COM 969457100 13604842 268924 SH SOLE 0 268924 0 0 Yadkin Financial COM 984305102 496558 24461 SH SOLE 0 24461 0 0 Zions Bancorp COM 989701107 389232 14416 SH SOLE 0 14416 0 0 AK Steel CONV BOND 001546ap5 2657035 2390000 SH SOLE 0 2390000 0 0 American Airlines Group Inc COM 001765106 130449 11453 SH SOLE 0 11453 0 0 A T & T COM 00206r102 210233 6439 SH SOLE 0 6439 0 0 A E S CONV PREF 00808n202 20931 410 SH SOLE 0 410 0 0 Alaska Comm COM 01167p101 13104 7800 SH SOLE 0 7800 0 0 Alaska Comm CONV BOND 01167pae1 4302506 4410000 SH SOLE 0 4410000 0 0 Alliance Holdings GP COM 01861g100 6620714 128085 SH SOLE 0 128085 0 0 Alliance One Int COM 018772103 2200 2000 SH SOLE 0 2000 0 0 Alliance Resource LP COM 01877r108 158793 4750 SH SOLE 0 4750 0 0 American Airlines Gr COM 02376R102 1492091 28270 SH SOLE 0 28270 0 0 American Express COM 025816109 1211954 15514 SH SOLE 0 15514 0 0 AmeriServ COM 03074a102 560685 188149 SH SOLE 0 188149 0 0 Anadarko Petroleum COM 032511107 12836 155 SH SOLE 0 155 0 0 Apache Corp COM 037411105 10558 175 SH SOLE 0 175 0 0 Apollo Investment CONV BOND 03761UAE6 261523 255000 SH SOLE 0 255000 0 0 Apple COM 037833100 2145520 17243 SH SOLE 0 17243 0 0 Arcbest COM 03937c105 1028213 27137 SH SOLE 0 27137 0 0 Astoria Financial COM 046265104 429811 33190 SH SOLE 0 33190 0 0 Atlas Energy Group COM 04929q102 496113 82548 SH SOLE 0 82548 0 0 BB&T Corp COM 054937107 35091 900 SH SOLE 0 900 0 0 BNC Bancorp COM 05566t101 624341 34494 SH SOLE 0 34494 0 0 Banc of California COM 05990k106 1995207 162080 SH SOLE 0 162080 0 0 Bank of America COM 060505104 317096 20604 SH SOLE 0 20604 0 0 Bank of America COM 060505153 96525 185625 SH SOLE 0 185625 0 0 Bank of America CONV PREF 060505682 33553 29 SH SOLE 0 29 0 0 Banner Corp COM 06652v208 9193 200 SH SOLE 0 200 0 0 Baylake Corp COM 072788102 571889 45173 SH SOLE 0 45173 0 0 Berkshire Hills Bancorp COM 084680107 153569 5544 SH SOLE 0 5544 0 0 Blucora Inc CONV BOND 095229AB6 1623246 1740000 SH SOLE 0 1740000 0 0 Boeing COM 097023105 2446004 16298 SH SOLE 0 16298 0 0 Broadsoft Inc CONV BOND 11133BAB8 2487116 2340000 SH SOLE 0 2340000 0 0 Cal Dive Int COM 12802t101 1104 40000 SH SOLE 0 40000 0 0 Cal Dive Int CONV BOND 12802TAB7 455000 4550000 SH SOLE 0 4550000 0 0 CenterState Banks COM 15201p109 354028 29725 SH SOLE 0 29725 0 0 Centrus Energy Corp COM 15643u104 224431 43920 SH SOLE 0 43920 0 0 Centrus Energy CONV BOND 15643uaa2 505395 1263487 SH SOLE 0 1263487 0 0 Cenveo COM 15670s105 120589 56350 SH SOLE 0 56350 0 0 Cenveo Corp CONV BOND 15671BAG6 1847000 1847000 SH SOLE 0 1847000 0 0 Cenveo Corp CONV BOND 15671BAJ0 837720 895000 SH SOLE 0 895000 0 0 Cisco Systems COM 17275r102 445795 16196 SH SOLE 0 16196 0 0 DCP Midstream Partners COM 23311p100 2113651 57203 SH SOLE 0 57203 0 0 DR Horton COM 23331a109 4272 150 SH SOLE 0 150 0 0 Dendreon CONV BOND 24823qac1 2258906 3050000 SH SOLE 0 3050000 0 0 Doral Financial PREF STK 25811p209 450 1500 SH SOLE 0 1500 0 0 Doral Financial PREF STK 25811p407 140 1000 SH SOLE 0 1000 0 0 Doral Financial COM 25811p886 160 2000 SH SOLE 0 2000 0 0 EOG Resources COM 26875p101 11920 130 SH SOLE 0 130 0 0 Eagle Rock Energy Partners COM 26985r104 28139 12077 SH SOLE 0 12077 0 0 Emerge Energy Services COM 29102H108 4297158 90600 SH SOLE 0 90600 0 0 Energy Transfer Partners COM 29273R109 598421 10734 SH SOLE 0 10734 0 0 Energy Transfer Equity COM 29273v100 421724 6656 SH SOLE 0 6656 0 0 Energy XXI CONV PREF 29274u309 193361 4500 SH SOLE 0 4500 0 0 EnLink Midstream LLC COM 29336t100 1733246 53265 SH SOLE 0 53265 0 0 EnLink Midstream LP COM 29336u107 5386541 217726 SH SOLE 0 217726 0 0 Exterran Partners COM 30225n105 2059788 82656 SH SOLE 0 82656 0 0 Exxon Mobil COM 30231g102 1760860 20716 SH SOLE 0 20716 0 0 1st Constitution Banc COM 31986n102 112710 9896 SH SOLE 0 9896 0 0 First Niagara Financial COM 33582v108 1591 180 SH SOLE 0 180 0 0 Genco Shipping CONV BOND 36869maa3 1953563 2070000 SH SOLE 0 2070000 0 0 General Cable CONV BOND 369300al2 1968599 2480000 SH SOLE 0 2480000 0 0 Goldman Sachs COM 38141g104 2915979 15513 SH SOLE 0 15513 0 0 Gulf Coast Royalty Trust COM 40222t104 77252 108500 SH SOLE 0 108500 0 0 HMN Financial COM 40424g108 565796 46760 SH SOLE 0 46760 0 0 Hawaiian Holdings CONV BOND 419879ad3 424965 150000 SH SOLE 0 150000 0 0 Iridium Communications COM 46269c102 887300 91380 SH SOLE 0 91380 0 0 JPMorgan Chase COM 46625h100 1202150 19844 SH SOLE 0 19844 0 0 JP Morgan Chase COM 46634e114 4402 200 SH SOLE 0 200 0 0 Jefferies Group CONV BOND 472319ag7 1443856 1422000 SH SOLE 0 1422000 0 0 KB HOME CONV BOND 48666KAS8 2389269 2505000 SH SOLE 0 2505000 0 0 Kinder Morgan COM 49456b101 7479398 177827 SH SOLE 0 177827 0 0 Kinder Morgan COM 49456b119 136530 33300 SH SOLE 0 33300 0 0 MainSource Financial COM 56062y102 393524 20037 SH SOLE 0 20037 0 0 Merck COM 58933y105 1112640 19357 SH SOLE 0 19357 0 0 Meritage Homes COM 59001a102 4864 100 SH SOLE 0 100 0 0 MutualFirst Financial COM 62845b104 739359 32076 SH SOLE 0 32076 0 0 NGL Energy LP COM 62913M107 10527598 401357 SH SOLE 0 401357 0 0 Navistar Intl CONV BOND 63934eaq1 1994760 2235000 SH SOLE 0 2235000 0 0 NewBridge Bancorp COM 65080t102 613277 68753 SH SOLE 0 68753 0 0 Omnicare CONV PREF 68214q200 2604922 27377 SH SOLE 0 27377 0 0 ONEOK LP COM 68268N103 49008 1200 SH SOLE 0 1200 0 0 Pacific Premier Bancorp COM 69478x105 314086 19400 SH SOLE 0 19400 0 0 Peoples Financial COM 71103b102 492232 48258 SH SOLE 0 48258 0 0 Plains GP Holdings COM 72651a108 4261401 150208 SH SOLE 0 150208 0 0 Premier Financial COM 74050m105 878983 57714 SH SOLE 0 57714 0 0 Prospect Capital CONV BOND 74348TAK8 2362346 2324000 SH SOLE 0 2324000 0 0 QCR Holdings COM 74727a104 2210718 123850 SH SOLE 0 123850 0 0 QEP Resources COM 74733v100 565452 27120 SH SOLE 0 27120 0 0 QEP Midstream LP COM 74735r115 2573292 164113 SH SOLE 0 164113 0 0 RAIT Financial CONV BOND 749227aa2 3935969 3325000 SH SOLE 0 3325000 0 0 RAIT Financial CONV BOND 749227AB0 719872 845000 SH SOLE 0 845000 0 0 Regency Energy LP COM 75885y107 80571 3523 SH SOLE 0 3523 0 0 Rent-A-Center COM 76009n100 908264 33100 SH SOLE 0 33100 0 0 SB Financial COM 78408d105 1412558 133892 SH SOLE 0 133892 0 0 SPDR S&P 600 COM 78464a300 552960 5162 SH SOLE 0 5162 0 0 SPDR DJIA COM 78467x109 7877752 44362 SH SOLE 0 44362 0 0 SPDR S&P 400 COM 78467y107 403107 1454 SH SOLE 0 1454 0 0 SandRidge Energy COM 80007p307 48060 27000 SH SOLE 0 27000 0 0 Sandridge Energy CONV PREF 80007p604 1461478 36310 SH SOLE 0 36310 0 0 Southcross Energy LP COM 84130c100 28588 2042 SH SOLE 0 2042 0 0 Stillwater Mining CONV BOND 86074qaf9 1208200 1726000 SH SOLE 0 1726000 0 0 Summit Financial COM 86606g101 1068321 89400 SH SOLE 0 89400 0 0 Targa Resources LP COM 87611x105 3053151 73819 SH SOLE 0 73819 0 0 Targa Resources Corp COM 87612g101 1637129 17091 SH SOLE 0 17091 0 0 3M Co COM 88579y101 2602002 15774 SH SOLE 0 15774 0 0 Titan Machinery CONV BOND 88830RAB7 2006443 2902000 SH SOLE 0 2902000 0 0 Transmontaigne LP COM 89376v100 334672 10371 SH SOLE 0 10371 0 0 Travelers Co COM 89417e109 1684125 15575 SH SOLE 0 15575 0 0 United Community Banks COM 90984p303 404221 21410 SH SOLE 0 21410 0 0 UnitedHealth Group COM 91324p102 1851239 15650 SH SOLE 0 15650 0 0 Verizon COM 92343v104 990399 20366 SH SOLE 0 20366 0 0 Visa COM 92826c839 1007183 15398 SH SOLE 0 15398 0 0 Williams Partners COM 96950f104 64429 1309 SH SOLE 0 1309 0 0 WPX Energy COM 98212b103 50602 4630 SH SOLE 0 4630 0 0 Xerium Technologies COM 98416j118 449302 27700 SH SOLE 0 27700 0 0 Aircastle COM g0129k104 3372683 150164 SH SOLE 0 150164 0 0 Energy XXI COM g10082140 49504 13600 SH SOLE 0 13600 0 0 Bunge CONV PREF g16962204 2713552 25967 SH SOLE 0 25967 0 0 C & J Energy Services COM g3164q101 492135 44217 SH SOLE 0 44217 0 0 Genco Shipping COM y2685T115 967771 111238 SH SOLE 0 111238 0 0 Genco Shipping COM y2685t123 105 155 SH SOLE 0 155 0 0 Navios Maritime COM y62196103 5016 1200 SH SOLE 0 1200 0 0 Navios Maritime LP COM y62267102 3038079 272718 SH SOLE 0 272718 0 0 Teekay LNG Partners COM y8564m105 3875959 103774 SH SOLE 0 103774 0 0 Teekay Inc COM y8564w103 3445714 73990 SH SOLE 0 73990 0 0 Teekay Offshore LP COM y8565j101 103291 4893 SH SOLE 0 4893 0 0 Teekay Tankers COM y8565n102 57400 10000 SH SOLE 0 10000 0 0