Managing Partner

0001411784-17-000006.txt : 20170814 0001411784-17-000006.hdr.sgml : 20170814 20170814152640 ACCESSION NUMBER: 0001411784-17-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170630 FILED AS OF DATE: 20170814 DATE AS OF CHANGE: 20170814 EFFECTIVENESS DATE: 20170814 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: 171029702 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 06-30-2017 06-30-2017 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 08-14-2017 0 204 257320 false INFORMATION TABLE 2 informationtable.xml Caterpillar COM 149123101 1657463 15424 SH SOLE 0 15424 0 0 Central Valley Community Bancorp COM 155685100 552715 24942 SH SOLE 0 24942 0 0 Chevron Corporation COM 166764100 2150244 20610 SH SOLE 0 20610 0 0 Choiceone Financial COM 170386106 13680 604 SH SOLE 0 604 0 0 Citigroup COM 172967226 231756 1545040 SH SOLE 0 1545040 0 0 Citigroup COM 172967424 632952 9464 SH SOLE 0 9464 0 0 Citizens Financial Group COM 174610105 588006 16480 SH SOLE 0 16480 0 0 Citizens Community Bancorp COM 174903104 809666 58629 SH SOLE 0 58629 0 0 Civista Bancshares COM 178867107 1438235 68881 SH SOLE 0 68881 0 0 Coca-Cola COM 191216100 748591 16691 SH SOLE 0 16691 0 0 Codorus Bancorp COM 192025104 1100101 38736 SH SOLE 0 38736 0 0 Walt Disney COM 254687106 1694559 15949 SH SOLE 0 15949 0 0 du Pont COM 263534109 1299996 16107 SH SOLE 0 16107 0 0 El Pollo Loco COM 268603107 855861 61795 SH SOLE 0 61795 0 0 Enterprise Products Partners COM 293792107 3022345 111608 SH SOLE 0 111608 0 0 EZCORP COM 302301106 38231 4965 SH SOLE 0 4965 0 0 F.N.B. Corporation COM 302520101 119567 8444 SH SOLE 0 8444 0 0 Federal Agricultural Mortgage COM 313148306 25880 400 SH SOLE 0 400 0 0 Freddie Mac PREF STK 313400640 643622 148300 SH SOLE 0 148300 0 0 Fannie Mae PREF STK 313586752 11520 2000 SH SOLE 0 2000 0 0 Fifth Third Bancorp COM 316773100 292699 11275 SH SOLE 0 11275 0 0 First Bancorp COM 318910106 357288 11430 SH SOLE 0 11430 0 0 First Bancshares COM 318916103 1531552 55491 SH SOLE 0 55491 0 0 First Commonwealth Financial COM 319829107 285782 22538 SH SOLE 0 22538 0 0 First Community COM 319835104 1291290 61490 SH SOLE 0 61490 0 0 Ford COM 345370860 55068 4921 SH SOLE 0 4921 0 0 FreightCar America COM 357023100 650247 37392 SH SOLE 0 37392 0 0 General Electric COM 369604103 896138 33178 SH SOLE 0 33178 0 0 Genesis Energy COM 371927104 3072067 96819 SH SOLE 0 96819 0 0 Haverty Furniture COM 419596101 962334 38340 SH SOLE 0 38340 0 0 Hawaiian Holdings COM 419879101 146954 3130 SH SOLE 0 3130 0 0 Hawthorn Bancshares COM 420476103 402219 19199 SH SOLE 0 19199 0 0 Holly Energy Partners L.P COM 435763107 2614510 80496 SH SOLE 0 80496 0 0 Home Depot COM 437076102 2470507 16105 SH SOLE 0 16105 0 0 HopFed Bancorp COM 439734104 310780 21681 SH SOLE 0 21681 0 0 Independent Bank Corp COM 453838609 1093390 50271 SH SOLE 0 50271 0 0 Intel COM 458140100 578337 17141 SH SOLE 0 17141 0 0 IBM COM 459200101 2370982 15413 SH SOLE 0 15413 0 0 iShares Barclays TIPS Bond COM 464287176 157966 1393 SH SOLE 0 1393 0 0 iShares MSCI Emerging Markets Index COM 464287234 315185 7615 SH SOLE 0 7615 0 0 iShares MSCI EAFE Index Fund COM 464287465 1522355 23349 SH SOLE 0 23349 0 0 iShares DJ US Financial Sector COM 464287788 513300 4774 SH SOLE 0 4774 0 0 Johnson & Johnson COM 478160104 2332405 17631 SH SOLE 0 17631 0 0 Lannett Company COM 516012101 847457 41542 SH SOLE 0 41542 0 0 MDC Holdings COM 552676108 1083748 30675 SH SOLE 0 30675 0 0 MVB Financial COM 553810102 184470 13975 SH SOLE 0 13975 0 0 Magellan Midstream Partners COM 559080106 5802661 81418 SH SOLE 0 81418 0 0 McDermott International COM 580037109 1075235 149963 SH SOLE 0 149963 0 0 McDonald's COM 580135101 2534951 16551 SH SOLE 0 16551 0 0 Microsoft COM 594918104 1232894 17886 SH SOLE 0 17886 0 0 MidWest One Financial COM 598511103 346661 10229 SH SOLE 0 10229 0 0 NMI Holdings COM 629209305 1619431 141435 SH SOLE 0 141435 0 0 Nike COM 654106103 904116 15324 SH SOLE 0 15324 0 0 Old National Bancorp COM 680033107 1280040 74205 SH SOLE 0 74205 0 0 ONEOK COM 682680103 4325964 82936 SH SOLE 0 82936 0 0 Parke Bancorp COM 700885106 1033222 46126 SH SOLE 0 46126 0 0 Peoples Bancorp COM 710577107 1225164 38771 SH SOLE 0 38771 0 0 PetroQuest Energy COM 716748108 4950 2500 SH SOLE 0 2500 0 0 PetroQuest Energy CONV PREF 716748207 917023 64922 SH SOLE 0 64922 0 0 Pfizer COM 717081103 710227 21144 SH SOLE 0 21144 0 0 Phillips 66 Partners COM 718549207 2457805 49733 SH SOLE 0 49733 0 0 Plains All American Pipeline COM 726503105 311799 11869 SH SOLE 0 11869 0 0 Procter & Gamble COM 742718109 1480591 16989 SH SOLE 0 16989 0 0 RAIT Financial Trust COM 749227609 120012 54800 SH SOLE 0 54800 0 0 Rice Midstream Partners COM 762819100 4275914 214439 SH SOLE 0 214439 0 0 A. Schulmann & Co CONV PREF 808194302 2668464 3132 SH SOLE 0 3132 0 0 Schwab Short-Term U.S. Treasury COM 808524862 175795 3487 SH SOLE 0 3487 0 0 Shell Midstream Partners COM 822634101 2427394 80112 SH SOLE 0 80112 0 0 Southern First Bancshares COM 842873101 2034490 54912 SH SOLE 0 54912 0 0 Southern National Bancorp COM 843395104 1644043 93412 SH SOLE 0 93412 0 0 Southwestern Energy Company COM 845467109 6080 1000 SH SOLE 0 1000 0 0 SunPower COM 867652406 2204 236 SH SOLE 0 236 0 0 SunTrust Banks COM 867914103 566782 9993 SH SOLE 0 9993 0 0 Superior Industries COM 868168105 927086 45114 SH SOLE 0 45114 0 0 Timberland Bancorp COM 887098101 1501594 59422 SH SOLE 0 59422 0 0 Toll Brothers COM 889478103 7902 200 SH SOLE 0 200 0 0 Triumph Group COM 896818101 1153874 36515 SH SOLE 0 36515 0 0 Umpqua Holdings COM 904214103 18360 1000 SH SOLE 0 1000 0 0 Unisys COM 909214306 660608 51610 SH SOLE 0 51610 0 0 United Bancshares COM 909458101 994214 42579 SH SOLE 0 42579 0 0 United Technologies COM 913017109 1866085 15282 SH SOLE 0 15282 0 0 Wal-Mart COM 931142103 1203463 15902 SH SOLE 0 15902 0 0 Webco COM 947621207 8000 100 SH SOLE 0 100 0 0 Williams Companies COM 969457100 6179330 204073 SH SOLE 0 204073 0 0 Zions Bancorp COM 989701107 647497 14746 SH SOLE 0 14746 0 0 Zions Bancorp COM 989701115 288777 22438 SH SOLE 0 22438 0 0 AK Steel COM 001547108 9855 1500 SH SOLE 0 1500 0 0 A T & T COM 00206r102 183896 4874 SH SOLE 0 4874 0 0 Aceto Corp CONV BOND 004446AD2 2001778 2180000 PRN SOLE 0 2180000 0 0 Alaska Communications COM 01167p101 1266815 575825 SH SOLE 0 575825 0 0 Alaska Communications CONV BOND 01167pae1 4108500 3960000 PRN SOLE 0 3960000 0 0 Alliance Holdings GP COM 01861g100 3286526 138672 SH SOLE 0 138672 0 0 Alliance One International COM 018772103 2880 200 SH SOLE 0 200 0 0 Alliance Resource Partners COM 01877r108 62370 3300 SH SOLE 0 3300 0 0 American Airlines Group COM 02376R102 1422546 28270 SH SOLE 0 28270 0 0 American Express Company COM 025816109 1290810 15323 SH SOLE 0 15323 0 0 AmeriServ Financial COM 03074a102 775098 186771 SH SOLE 0 186771 0 0 Antero Midstream Partners COM 03673l103 3347497 100889 SH SOLE 0 100889 0 0 Apple COM 037833100 2335704 16218 SH SOLE 0 16218 0 0 Arcbest. COM 03937c105 662650 32167 SH SOLE 0 32167 0 0 Archrock Partners COM 03957u100 1278130 85723 SH SOLE 0 85723 0 0 Astoria Financial COM 046265104 583040 28935 SH SOLE 0 28935 0 0 Atlas Air Worldwide CONV BOND 049164BH8 1907615 1820000 PRN SOLE 0 1820000 0 0 BB&T Corporation COM 054937107 65527 1443 SH SOLE 0 1443 0 0 Banc of California COM 05990k106 4234169 196938 SH SOLE 0 196938 0 0 Bank of America COM 060505104 985247 40612 SH SOLE 0 40612 0 0 Bank of America COM 060505153 170344 215625 SH SOLE 0 215625 0 0 Bank of America CONV PREF 060505682 36598 29 SH SOLE 0 29 0 0 Bank of America COM 060506146 216720 18000 SH SOLE 0 18000 0 0 Banner Corp COM 06652v208 11318 200 SH SOLE 0 200 0 0 Barnes & Noble COM 067774109 466507 61382 SH SOLE 0 61382 0 0 Berkshire Hills Bancorp COM 084680107 182745 5199 SH SOLE 0 5199 0 0 Blucora Inc CONV BOND 095229AB6 15000 15000 PRN SOLE 0 15000 0 0 Boardwalk Pipeline Partners COM 096627104 3602 200 SH SOLE 0 200 0 0 Boeing COM 097023105 3224709 16307 SH SOLE 0 16307 0 0 Broadsoft CONV BOND 11133BAB8 2229612 1905000 PRN SOLE 0 1905000 0 0 Cenveo COM 15670s105 94730 15555 SH SOLE 0 15555 0 0 Cisco Systems COM 17275r102 514040 16423 SH SOLE 0 16423 0 0 Contura Energy COM 21241b100 681200 10400 SH SOLE 0 10400 0 0 DR Horton COM 23331a109 8643 250 SH SOLE 0 250 0 0 Delek Logistics Partners COM 24664t103 2011014 61405 SH SOLE 0 61405 0 0 EOG Resources COM 26875p101 30415 336 SH SOLE 0 336 0 0 Emerge Energy Services COM 29102H108 7659 850 SH SOLE 0 850 0 0 Energy Transfer Partners COM 29273R109 137816 6759 SH SOLE 0 6759 0 0 Energy Transfer Equity COM 29273v100 229779 12794 SH SOLE 0 12794 0 0 EnLink Midstream LLC COM 29336t100 1039018 59035 SH SOLE 0 59035 0 0 EnLink Midstream Partners COM 29336u107 3739799 220507 SH SOLE 0 220507 0 0 Essa Bancorp COM 29667d104 693606 47120 SH SOLE 0 47120 0 0 EZCorp Inc CONV BOND 302301AB2 3589219 3705000 PRN SOLE 0 3705000 0 0 Exxon Mobil Corporation COM 30231g102 1529995 18952 SH SOLE 0 18952 0 0 1st Constitution Bancorp COM 31986n102 219155 12417 SH SOLE 0 12417 0 0 First United Corp COM 33741h107 936480 62851 SH SOLE 0 62851 0 0 General Cable CONV BOND 369300al2 1628300 2135000 PRN SOLE 0 2135000 0 0 Global Eagle Entertainment CONV BOND 37951DAB8 1338434 2090000 PRN SOLE 0 2090000 0 0 Goldman Sachs COM 38141g104 3415263 15391 SH SOLE 0 15391 0 0 Greenbriar CONV BOND 393657AH4 2009780 1472000 PRN SOLE 0 1472000 0 0 HMN Financial COM 40424g108 877061 49975 SH SOLE 0 49975 0 0 Homestreet COM 43785u102 597642 21595 SH SOLE 0 21595 0 0 Horsehead Holdings COM 44069P118 141333 3578 SH SOLE 0 3578 0 0 Invensense CONV BOND 46123DAB2 773140 775000 PRN SOLE 0 775000 0 0 Iridium Communications COM 46269c102 1268142 114764 SH SOLE 0 114764 0 0 Iridium Communications CONV PREF 46269c409 1158000 3000 SH SOLE 0 3000 0 0 Iridium Communications CONV PREF 46269c508 2312586 19336 SH SOLE 0 19336 0 0 JPMorgan COM 46625h100 1779375 19468 SH SOLE 0 19468 0 0 Jefferies Group CONV BOND 472319ag7 1287163 1278000 PRN SOLE 0 1278000 0 0 Jones Energy CONV PREF 48019R207 25800 600 SH SOLE 0 600 0 0 KB HOME CONV BOND 48666KAS8 2291191 2140000 PRN SOLE 0 2140000 0 0 Kimball Electronics COM 49428j109 1458169 80785 SH SOLE 0 80785 0 0 Kinder Morgan, Inc. COM 49456b101 624124 32574 SH SOLE 0 32574 0 0 LGI Homes COM 50187t106 24108 600 SH SOLE 0 600 0 0 MPLX COM 55336v100 3203984 95928 SH SOLE 0 95928 0 0 Macquarie Infrastructure CONV BOND 55608BAB1 2999792 2995000 PRN SOLE 0 2995000 0 0 Merck COM 58933y105 1093504 17062 SH SOLE 0 17062 0 0 Meritage Homes COM 59001a102 4220 100 SH SOLE 0 100 0 0 MutualFirst Financial COM 62845b104 1136189 31826 SH SOLE 0 31826 0 0 NGL Energy Partners COM 62913M107 4850016 346430 SH SOLE 0 346430 0 0 Navistar Intl CONV BOND 63934eaq1 2017257 2015000 PRN SOLE 0 2015000 0 0 Park Sterling COM 70086y105 1948 164 SH SOLE 0 164 0 0 Peoples Financial COM 71103b102 1077225 79500 SH SOLE 0 79500 0 0 Pinnacle Financial Partners COM 72346q104 16391 261 SH SOLE 0 261 0 0 Plains GP Holdings COM 72651a207 1739732 66503 SH SOLE 0 66503 0 0 Premier Financial COM 74050m105 1369104 66429 SH SOLE 0 66429 0 0 Prospect Capital Corp CONV BOND 74348TAK8 2196650 2179000 PRN SOLE 0 2179000 0 0 QCR Holdings COM 74727a104 5389235 113697 SH SOLE 0 113697 0 0 QEP Resources COM 74733v100 15150 1500 SH SOLE 0 1500 0 0 Quidel Corp CONV BOND 74838JAA9 2071754 1865000 PRN SOLE 0 1865000 0 0 RAIT Financial CONV BOND 749227AB0 573942 610000 PRN SOLE 0 610000 0 0 Rent-A-Center COM 76009n100 445067 37975 SH SOLE 0 37975 0 0 Royal Gold CONV BOND 780287AA6 1209925 1120000 PRN SOLE 0 1120000 0 0 SB Financial Group COM 78408d105 2861545 169523 SH SOLE 0 169523 0 0 SPDR S&P 600 Small Cap Value COM 78464a300 502927 4216 SH SOLE 0 4216 0 0 SPDR Dow Jones Industrial Average COM 78467x109 7836628 36750 SH SOLE 0 36750 0 0 SandRidge Energy COM 80007p869 1059534 61565 SH SOLE 0 61565 0 0 SemGroup Corp COM 81663a105 64989 2407 SH SOLE 0 2407 0 0 Summit Financial Group COM 86606g101 2376154 108007 SH SOLE 0 108007 0 0 Sunpower CONV BOND 867652AJ8 1367392 1730000 PRN SOLE 0 1730000 0 0 Sunpower CONV BOND 867652AL3 861875 1000000 PRN SOLE 0 1000000 0 0 Targa Resources Corp COM 87612g101 3583711 79286 SH SOLE 0 79286 0 0 Andeavor Logistics LP COM 88160T107 2234507 43229 SH SOLE 0 43229 0 0 3M COM 88579y101 3187596 15311 SH SOLE 0 15311 0 0 Titan Machinery CONV BOND 88830RAB7 2424072 2512000 PRN SOLE 0 2512000 0 0 Transmontaigne Partners COM 89376v100 2183076 51978 SH SOLE 0 51978 0 0 Travelers COM 89417e109 1946664 15385 SH SOLE 0 15385 0 0 Two River Bancorp COM 90207c105 1141734 61417 SH SOLE 0 61417 0 0 United Community Banks COM 90984p303 6116 220 SH SOLE 0 220 0 0 UnitedHealth COM 91324p102 2887360 15572 SH SOLE 0 15572 0 0 Verizon Communications COM 92343v104 798431 17878 SH SOLE 0 17878 0 0 Visa COM 92826c839 1435397 15306 SH SOLE 0 15306 0 0 Williams Partners COM 96949L105 113752 2836 SH SOLE 0 2836 0 0 Wintrust Financial COM 97650w108 2622289 34305 SH SOLE 0 34305 0 0 WPX Energy COM 98212b103 44723 4630 SH SOLE 0 4630 0 0 Xerium Technologies COM 98416j118 350243 48712 SH SOLE 0 48712 0 0 Aircastle LTD COM g0129k104 1556234 71551 SH SOLE 0 71551 0 0 Bunge Ltd. CONV PREF g16962204 2339370 22440 SH SOLE 0 22440 0 0 Seagate Technology COM G7945M107 15500 400 SH SOLE 0 400 0 0 Genco Shipping COM y2685t123 12431 62155 SH SOLE 0 62155 0 0 Genco Shipping COM y2685t131 146474 15467 SH SOLE 0 15467 0 0 Navios Maritime Acquisition COM y62159101 16170 11000 SH SOLE 0 11000 0 0 Navios Maritime Holdings COM y62196103 460183 335900 SH SOLE 0 335900 0 0 Navios Maritime Partners COM y62267102 12879 8100 SH SOLE 0 8100 0 0 Teekay LNG Partners COM y8564m105 2234331 145559 SH SOLE 0 145559 0 0 Teekay COM y8564w103 1051365 157626 SH SOLE 0 157626 0 0 Teekay Offshore Partners COM y8565j101 27142 9457 SH SOLE 0 9457 0 0 Teekay Tankers COM y8565n102 18800 10000 SH SOLE 0 10000 0 0 VTTI Energy Partners COM y9384m101 672659 34232 SH SOLE 0 34232 0 0