Managing Partner

0001411784-20-000006.txt : 20200813 0001411784-20-000006.hdr.sgml : 20200813 20200813111703 ACCESSION NUMBER: 0001411784-20-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200630 FILED AS OF DATE: 20200813 DATE AS OF CHANGE: 20200813 EFFECTIVENESS DATE: 20200813 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: 201097953 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 06-30-2020 06-30-2020 Pinnacle Holdings, LLC

233 SOUTH DETROIT AVENUE SUITE 100 TULSA OK 74120

13F HOLDINGS REPORT 028-12706 N David M Poarch Managing Partner 9185826864 David M. Poarch Tulsa OK 08-13-2020 0 207 209530 false INFORMATION TABLE 2 informationtable.xml Aceto Corporation COM 004446100 52690 658630 SH SOLE 0 658630 0 0 American Express Company COM 025816109 1912378 20088 SH SOLE 0 20088 0 0 Apollo Global Management COM 037612306 366662 7345 SH SOLE 0 7345 0 0 Apple COM 037833100 8105768 22220 SH SOLE 0 22220 0 0 Astrazeneca PLC COM 046353108 47601 900 SH SOLE 0 900 0 0 Bank of America COM 060505104 945321 39803 SH SOLE 0 39803 0 0 Bank of America CONV PREF 060505682 38924 29 SH SOLE 0 29 0 0 Bed Bath & Beyond COM 075896100 10600 1000 SH SOLE 0 1000 0 0 Berkshire Hills Bancorp COM 084680107 22889 2077 SH SOLE 0 2077 0 0 Boeing COM 097023105 3890176 21223 SH SOLE 0 21223 0 0 Brookfield Asset Management COM 112585104 127948 3889 SH SOLE 0 3889 0 0 Caterpillar COM 149123101 2610834 20639 SH SOLE 0 20639 0 0 Central Valley Community Bancorp COM 155685100 377471 24527 SH SOLE 0 24527 0 0 Chevron Corporation COM 166764100 2146249 24053 SH SOLE 0 24053 0 0 Citigroup COM 172967424 1058639 20717 SH SOLE 0 20717 0 0 Citizens Financial Group COM 174610105 363150 14388 SH SOLE 0 14388 0 0 Citizens Community Bancorp COM 174903104 743082 108321 SH SOLE 0 108321 0 0 Civista Bancshares COM 178867107 934241 60665 SH SOLE 0 60665 0 0 Cleveland-Cliffs COM 185899101 594228 107650 SH SOLE 0 107650 0 0 Coca-Cola COM 191216100 952801 21325 SH SOLE 0 21325 0 0 Codorus Bancorp COM 192025104 555582 40172 SH SOLE 0 40172 0 0 Cowen Inc CONV PREF 223622507 2585451 3210 SH SOLE 0 3210 0 0 Walt Disney COM 254687106 2334979 20940 SH SOLE 0 20940 0 0 Dow Inc COM 260557103 905282 22210 SH SOLE 0 22210 0 0 Enable Midstream Partners COM 292480100 18720 4000 SH SOLE 0 4000 0 0 Enterprise Products Partners COM 293792107 2090095 115030 SH SOLE 0 115030 0 0 Equitrans Midstream COM 294600101 1430844 172183 SH SOLE 0 172183 0 0 EZCORP COM 302301106 19310 3065 SH SOLE 0 3065 0 0 F.N.B. Corporation COM 302520101 87195 11626 SH SOLE 0 11626 0 0 Federal Agricultural Mortgage COM 313148306 16003 250 SH SOLE 0 250 0 0 Freddie Mac PREF STK 313400640 984898 148105 SH SOLE 0 148105 0 0 Fannie Mae PREF STK 313586752 39750 5000 SH SOLE 0 5000 0 0 Fifth Third Bancorp COM 316773100 208513 10815 SH SOLE 0 10815 0 0 First Bancshares COM 318916103 1089810 48436 SH SOLE 0 48436 0 0 First Community Corp COM 319835104 811510 53565 SH SOLE 0 53565 0 0 The First Financial Corp COM 320218100 303164 8229 SH SOLE 0 8229 0 0 Ford Motor COM 345370860 15302 2517 SH SOLE 0 2517 0 0 General Electric Company COM 369604103 97097 14216 SH SOLE 0 14216 0 0 Genesis Energy COM 371927104 1811000 250831 SH SOLE 0 250831 0 0 Groupon COM 399473206 328479 18128 SH SOLE 0 18128 0 0 Hancock Whitney Corporation COM 410120109 146556 6913 SH SOLE 0 6913 0 0 Hawaiian Holdings COM 419879101 17283 1231 SH SOLE 0 1231 0 0 Hawthorn Bancshares COM 420476103 502174 25504 SH SOLE 0 25504 0 0 Hess Midstream Partners COM 428104103 1269356 69288 SH SOLE 0 69288 0 0 Holly Energy Partners COM 435763107 7791 534 SH SOLE 0 534 0 0 Home Depot COM 437076102 5219877 20837 SH SOLE 0 20837 0 0 Intel Corporation COM 458140100 1375372 22988 SH SOLE 0 22988 0 0 International Business Machines COM 459200101 2551025 21123 SH SOLE 0 21123 0 0 iShares Barclays TIPS Bond COM 464287176 209274 1701 SH SOLE 0 1701 0 0 iShares MSCI Emerging Markets Index COM 464287234 184554 4615 SH SOLE 0 4615 0 0 iShares MSCI EAFE Index Fund COM 464287465 5583544 91729 SH SOLE 0 91729 0 0 iShares DJ US Financial Sector COM 464287788 135032 1226 SH SOLE 0 1226 0 0 Johnson & Johnson COM 478160104 3172050 22556 SH SOLE 0 22556 0 0 La-Z-Boy COM 505336107 873903 32295 SH SOLE 0 32295 0 0 Lannett Company COM 516012101 498196 68622 SH SOLE 0 68622 0 0 MDC Holdings COM 552676108 1211230 33928 SH SOLE 0 33928 0 0 MVB Financial Corp COM 553810102 654573 49216 SH SOLE 0 49216 0 0 Magellan Midstream Partners COM 559080106 2769183 64146 SH SOLE 0 64146 0 0 McDonald's COM 580135101 3889734 21086 SH SOLE 0 21086 0 0 Mesa Air Group Inc COM 590479135 430929 125270 SH SOLE 0 125270 0 0 Microsoft Corporation COM 594918104 4416456 21701 SH SOLE 0 21701 0 0 MidWest One Financial Group COM 598511103 280780 14039 SH SOLE 0 14039 0 0 NMI Holdings Inc COM 629209305 1189325 73963 SH SOLE 0 73963 0 0 Nike COM 654106103 1965608 20047 SH SOLE 0 20047 0 0 OceanFirst Financial COM 675234108 608482 34514 SH SOLE 0 34514 0 0 Old National Bancorp COM 680033107 906154 65854 SH SOLE 0 65854 0 0 ONEOK COM 682680103 2576916 77571 SH SOLE 0 77571 0 0 Pacwest Bancorp COM 695263103 351193 17818 SH SOLE 0 17818 0 0 Parke Bancorp COM 700885106 694394 51247 SH SOLE 0 51247 0 0 Peoples Bancorp COM 710577107 680171 38493 SH SOLE 0 38493 0 0 Pfizer COM 717081103 888426 27169 SH SOLE 0 27169 0 0 Phillips 66 Partners COM 718549207 1568061 43509 SH SOLE 0 43509 0 0 Plains All American Pipeline COM 726503105 69173 7825 SH SOLE 0 7825 0 0 Pricesmart COM 741511109 6033 100 SH SOLE 0 100 0 0 Procter & Gamble COM 742718109 2602321 21764 SH SOLE 0 21764 0 0 Shell Midstream Partners COM 822634101 1136055 92588 SH SOLE 0 92588 0 0 Southern National Bancorp of Virginia COM 843395104 703250 72575 SH SOLE 0 72575 0 0 Southwestern Energy Company COM 845467109 2560 1000 SH SOLE 0 1000 0 0 SunPower Corporation COM 867652406 1808 236 SH SOLE 0 236 0 0 Superior Industries COM 868168105 120392 70819 SH SOLE 0 70819 0 0 Timberland Bancorp COM 887098101 18210 1000 SH SOLE 0 1000 0 0 Toll Brothers COM 889478103 6518 200 SH SOLE 0 200 0 0 Turtle Beach COM 900450206 1321076 89747 SH SOLE 0 89747 0 0 Unisys Corp COM 909214306 885456 81160 SH SOLE 0 81160 0 0 Unit Corp COM 909218109 7877 98465 SH SOLE 0 98465 0 0 United Bancshares COM 909458101 754368 41909 SH SOLE 0 41909 0 0 United Parcel Service COM 911312106 40247 362 SH SOLE 0 362 0 0 Wal-Mart Stores COM 931142103 2496814 20845 SH SOLE 0 20845 0 0 Walgreens Boots Alliance COM 931427108 895955 21136 SH SOLE 0 21136 0 0 Westlake Chemical Partners COM 960417103 482781 25490 SH SOLE 0 25490 0 0 Williams Companies COM 969457100 2855050 150108 SH SOLE 0 150108 0 0 Yelp COM 985817105 671695 29040 SH SOLE 0 29040 0 0 Zions Bancorp COM 989701107 435064 12796 SH SOLE 0 12796 0 0 Raytheon Technologies COM 75513e101 1238747 20103 SH SOLE 0 20103 0 0 Argan Inc COM 04010e109 1206911 25473 SH SOLE 0 25473 0 0 Travelers Companies COM 89417e109 2313390 20284 SH SOLE 0 20284 0 0 A T & T INC COM 00206r102 135854 4494 SH SOLE 0 4494 0 0 Aceto Corp CONV BOND 004446AD2 231247 240882 PRN SOLE 0 240882 0 0 Alaska Communications System Group COM 01167p101 1551059 555935 SH SOLE 0 555935 0 0 Alliance Resource Partners COM 01877r108 549326 168505 SH SOLE 0 168505 0 0 American Airlines Group COM 02376R102 211263 16164 SH SOLE 0 16164 0 0 American Airlines CONV BOND 02376RAF9 28188 30000 PRN SOLE 0 30000 0 0 AmeriServ Financial COM 03074a102 306681 99530 SH SOLE 0 99530 0 0 Antero Midstream COM 03676b102 1685956 330580 SH SOLE 0 330580 0 0 Arcbest Corp COM 03937c105 777406 29325 SH SOLE 0 29325 0 0 Atlas Air Worldwide Holdings CONV BOND 049164BH8 1778628 1900000 PRN SOLE 0 1900000 0 0 BOK Financial COM 05561q201 230670 4087 SH SOLE 0 4087 0 0 BP Midstream Partners COM 0556EL109 941251 82062 SH SOLE 0 82062 0 0 BancFirst Corporation COM 05945f103 217658 5365 SH SOLE 0 5365 0 0 Banc of California COM 05990k106 2015171 186073 SH SOLE 0 186073 0 0 Blackstone Group COM 09253u108 395204 6975 SH SOLE 0 6975 0 0 Carlyle Group COM 14309l102 279977 10035 SH SOLE 0 10035 0 0 Carrier Global Corporation COM 14448c104 430024 19353 SH SOLE 0 19353 0 0 Chesapeake Energy CONV BOND 165167CY1 93750 3125000 PRN SOLE 0 3125000 0 0 Cisco Systems COM 17275r102 1029904 22082 SH SOLE 0 22082 0 0 Contura Energy COM 21241b100 94672 31142 SH SOLE 0 31142 0 0 Contura Energy WARRANT 21241b118 12721 63607 SH SOLE 0 63607 0 0 Customers Bancorp COM 23204g100 209028 17390 SH SOLE 0 17390 0 0 DR Horton COM 23331a109 13863 250 SH SOLE 0 250 0 0 Delek Logistics Partners COM 24664t103 1199996 52333 SH SOLE 0 52333 0 0 EOG Resources COM 26875p101 10132 200 SH SOLE 0 200 0 0 Eagle Bancorp Montana COM 26942g100 790234 45468 SH SOLE 0 45468 0 0 Encore Capital Group CONV BOND 292554AH5 2034641 2075000 PRN SOLE 0 2075000 0 0 Energy Transfer COM 29273v100 1481393 208061 SH SOLE 0 208061 0 0 EnLink Midstream COM 29336t100 195842 282361 SH SOLE 0 282361 0 0 Essa Bancorp COM 29667d104 959032 68896 SH SOLE 0 68896 0 0 EZCorp CONV BOND 302301AE6 1267591 1636000 PRN SOLE 0 1636000 0 0 EZCorp CONV BOND 302301AF3 245484 270000 PRN SOLE 0 270000 0 0 Exxon Mobil Corporation COM 30231g102 1055392 23600 SH SOLE 0 23600 0 0 FedEx Corporation COM 31304n107 21734 155 SH SOLE 0 155 0 0 1st Constitution Bancorp COM 31986n102 123900 9992 SH SOLE 0 9992 0 0 First United Corp COM 33741h107 903385 67720 SH SOLE 0 67720 0 0 First US Bancshares COM 33744v103 282860 40758 SH SOLE 0 40758 0 0 GNC Holdings CONV BOND 36191GAB3 37600 3200000 PRN SOLE 0 3200000 0 0 General Motors COM 37045v100 10120 400 SH SOLE 0 400 0 0 Global Eagle Entertainment CONV BOND 37951DAB8 147554 1835000 PRN SOLE 0 1835000 0 0 Goldman Sachs COM 38141g104 4037574 20431 SH SOLE 0 20431 0 0 Greenbriar CONV BOND 393657AK7 1685731 2035000 PRN SOLE 0 2035000 0 0 HMN Financial COM 40424g108 662037 45345 SH SOLE 0 45345 0 0 Homestreet COM 43785u102 500948 20355 SH SOLE 0 20355 0 0 Horizon Global CONV BOND 44052WAA2 1530058 2175000 PRN SOLE 0 2175000 0 0 Horsehead Holdings WARRANT 44069P118 32447 3245 SH SOLE 0 3245 0 0 Iridium Communications COM 46269c102 85835 3374 SH SOLE 0 3374 0 0 iShares 0-5 Yr High Yield Corporate Bond COM 46434v407 4142316 96580 SH SOLE 0 96580 0 0 JPMorgan Chase COM 46625h100 2097914 22304 SH SOLE 0 22304 0 0 JP Morgan Chase Alerian ETN COM 46625h365 2838 215 SH SOLE 0 215 0 0 KKR & Co COM 48248m102 274369 8885 SH SOLE 0 8885 0 0 Kimball Electronics COM 49428j109 1010693 74645 SH SOLE 0 74645 0 0 Kinder Morgan COM 49456b101 681459 44921 SH SOLE 0 44921 0 0 LGI Homes COM 50187t106 1290168 14656 SH SOLE 0 14656 0 0 MPLX COM 55336v100 2092061 121068 SH SOLE 0 121068 0 0 Macquarie Infrastructure CONV BOND 55608BAB1 1714333 1965000 PRN SOLE 0 1965000 0 0 Macy's COM 55616p104 2752 400 SH SOLE 0 400 0 0 Merck COM 58933y105 1709921 22112 SH SOLE 0 22112 0 0 Meritage Homes COM 59001a102 7612 100 SH SOLE 0 100 0 0 NGL Energy Partners COM 62913M107 47151 12090 SH SOLE 0 12090 0 0 Otis Worldwide Corporation COM 68902v107 551826 9705 SH SOLE 0 9705 0 0 PDL Biopharma CONV BOND 69329YAG9 2136019 1985000 PRN SOLE 0 1985000 0 0 PDL Biopharma CONV BOND 69329YAJ3 1158800 1000000 PRN SOLE 0 1000000 0 0 Pacific Premier Bancorp COM 69478x105 730746 33706 SH SOLE 0 33706 0 0 Paycom Software COM 70432v102 185838 600 SH SOLE 0 600 0 0 Paypal Holdings COM 70450y103 17423 100 SH SOLE 0 100 0 0 Peoples Financial Corp. COM 71103b102 736944 77573 SH SOLE 0 77573 0 0 Plains GP Holdings COM 72651a207 511702 57495 SH SOLE 0 57495 0 0 PowerShares QQQ Trust COM 73935a104 137666 556 SH SOLE 0 556 0 0 Premier Financial Bancorp COM 74050m105 964858 75262 SH SOLE 0 75262 0 0 QCR Holdings COM 74727a104 2964690 95083 SH SOLE 0 95083 0 0 QEP Resources COM 74733v100 1935 1500 SH SOLE 0 1500 0 0 SB Financial Group COM 78408d105 2773637 166885 SH SOLE 0 166885 0 0 SPDR S&P 600 Small Cap Value COM 78464a300 348163 7088 SH SOLE 0 7088 0 0 SPDR Dow Jones Industrial Average COM 78467x109 9383665 36389 SH SOLE 0 36389 0 0 Sandridge Energy WARRANT 80007p125 22 4028 SH SOLE 0 4028 0 0 SandRidge Energy COM 80007p869 116622 90405 SH SOLE 0 90405 0 0 Financial Sector SPDR COM 81369y105 37024 1600 SH SOLE 0 1600 0 0 Sientra COM 82621j105 3096 800 SH SOLE 0 800 0 0 Sterling Bancorp COM 85917a100 268822 22937 SH SOLE 0 22937 0 0 Summit Financial Group COM 86606g101 1618363 98202 SH SOLE 0 98202 0 0 Sunpower Corp CONV BOND 867652AJ8 1333440 1460000 PRN SOLE 0 1460000 0 0 Sunpower Corp CONV BOND 867652AL3 802370 1000000 PRN SOLE 0 1000000 0 0 Synaptics Inc. CONV BOND 87157DAD1 1569931 1475000 PRN SOLE 0 1475000 0 0 Talos Energy COM 87484t108 472484 51357 SH SOLE 0 51357 0 0 Talos Energy WARRANT 87484t116 13295 69972 SH SOLE 0 69972 0 0 Targa Resources Corp COM 87612g101 1288359 64193 SH SOLE 0 64193 0 0 Teekay Corp CONV BOND 87900YAE3 820120 1000000 PRN SOLE 0 1000000 0 0 3M Co COM 88579y101 3170653 20326 SH SOLE 0 20326 0 0 Truist Financial COM 89832q109 326244 8688 SH SOLE 0 8688 0 0 Tutor Perini CONV BOND 901109AD0 1928243 2024000 PRN SOLE 0 2024000 0 0 Uber Technologies COM 90353t100 8702 280 SH SOLE 0 280 0 0 United Community Banks COM 90984p303 4426 220 SH SOLE 0 220 0 0 UnitedHealth Group COM 91324p102 6035857 20464 SH SOLE 0 20464 0 0 Uniti Group Inc. COM 91325v108 324959 34755 SH SOLE 0 34755 0 0 Vaalco Energy COM 91851c201 258887 208780 SH SOLE 0 208780 0 0 Verizon Communications COM 92343v104 1242630 22540 SH SOLE 0 22540 0 0 Visa COM 92826c839 3890830 20142 SH SOLE 0 20142 0 0 Western Midstream Partners COM 95825r103 794415 79125 SH SOLE 0 79125 0 0 Wintrust Financial COM 97650w108 1115189 25566 SH SOLE 0 25566 0 0 WPX Energy COM 98212b103 31445 4929 SH SOLE 0 4929 0 0 Bunge Ltd CONV PREF g16962204 1597314 17364 SH SOLE 0 17364 0 0 Seagate Technology COM G7945M107 9682 200 SH SOLE 0 200 0 0 Genco Shipping WARRANT y2685t123 129 2155 SH SOLE 0 2155 0 0 Genco Shipping & Trading COM y2685t131 93431 14877 SH SOLE 0 14877 0 0 Navios Maritime Containers COM y62151108 76 94 SH SOLE 0 94 0 0 Navios Maritime Acquisition COM y62159101 2983 733 SH SOLE 0 733 0 0 Navios Maritime Holdings COM y62196103 39096 18529 SH SOLE 0 18529 0 0 Navios Maritime Partners COM y62267102 84749 8728 SH SOLE 0 8728 0 0 Teekay LNG Partners COM y8564m105 1687144 144695 SH SOLE 0 144695 0 0 Teekay COM y8564w103 50556 21065 SH SOLE 0 21065 0 0 Deutsche Bank COM d18190898 156128 16400 SH SOLE 0 16400 0 0