Managing Partner

0001411784-21-000004.txt : 20210512 0001411784-21-000004.hdr.sgml : 20210512 20210512111702 ACCESSION NUMBER: 0001411784-21-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210512 DATE AS OF CHANGE: 20210512 EFFECTIVENESS DATE: 20210512 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: 21914036 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 03-31-2021 03-31-2021 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 05-12-2021 0 218 216105 false INFORMATION TABLE 2 informationtable.xml Allstate Corporation COM 020002101 520037 4526 SH SOLE 0 4526 0 0 Alpha Metallurgical Resources COM 020764106 1216446 96314 SH SOLE 0 96314 0 0 American Express Company COM 025816109 1638724 11586 SH SOLE 0 11586 0 0 Amgen Inc. COM 031162100 4151395 16685 SH SOLE 0 16685 0 0 Apple COM 037833100 2925969 23954 SH SOLE 0 23954 0 0 Astrazeneca COM 046353108 44748 900 SH SOLE 0 900 0 0 Bank of America COM 060505104 1383090 35748 SH SOLE 0 35748 0 0 Bank of America CONV PREF 060505682 40542 29 SH SOLE 0 29 0 0 The Bank of New York COM 064057102 11870 251 SH SOLE 0 251 0 0 Barrick Gold COM 067901108 10276 519 SH SOLE 0 519 0 0 Bed Bath & Beyond COM 075896100 755043 25902 SH SOLE 0 25902 0 0 Berkshire Hills Bancorp COM 084680107 46359 2077 SH SOLE 0 2077 0 0 Boeing COM 097023105 3250737 12762 SH SOLE 0 12762 0 0 Carvana COM 146869102 13120 50 SH SOLE 0 50 0 0 Caterpillar COM 149123101 2792874 12045 SH SOLE 0 12045 0 0 Central Valley Community Bancorp COM 155685100 362143 19671 SH SOLE 0 19671 0 0 Chesapeake Energy Corporation WARRANT 165167180 35421 2084 SH SOLE 0 2084 0 0 Chesapeake Energy Corporation COM 165167735 44388 1023 SH SOLE 0 1023 0 0 Chevron Corporation COM 166764100 1617958 15440 SH SOLE 0 15440 0 0 Citigroup COM 172967424 1397091 19204 SH SOLE 0 19204 0 0 Citizens Financial Group COM 174610105 464237 10515 SH SOLE 0 10515 0 0 Citizens Community Bancorp COM 174903104 1229657 99086 SH SOLE 0 99086 0 0 Civista Bancshares COM 178867107 1277987 55710 SH SOLE 0 55710 0 0 Cleveland-Cliffs COM 185899101 2243170 111545 SH SOLE 0 111545 0 0 Coca-Cola COM 191216100 669733 12706 SH SOLE 0 12706 0 0 Codorus Bancorp COM 192025104 680328 36954 SH SOLE 0 36954 0 0 GAN Limited COM 217170770 56020 3078 SH SOLE 0 3078 0 0 McDermott International COM 220014096 67653 84566 SH SOLE 0 84566 0 0 Cowen CONV PREF 223622507 4250643 3035 SH SOLE 0 3035 0 0 Cummins COM 231021106 511483 1974 SH SOLE 0 1974 0 0 Disney COM 254687106 2288534 12403 SH SOLE 0 12403 0 0 Dow COM 260557103 885318 13846 SH SOLE 0 13846 0 0 Enable Midstream COM 292480100 25920 4000 SH SOLE 0 4000 0 0 Enterprise Products COM 293792107 1774063 80566 SH SOLE 0 80566 0 0 Equitrans Midstream COM 294600101 1130975 138600 SH SOLE 0 138600 0 0 EZCORP COM 302301106 14910 3000 SH SOLE 0 3000 0 0 F.N.B. Corporation COM 302520101 125171 9856 SH SOLE 0 9856 0 0 Federal Agricultural Mortgage COM 313148306 25180 250 SH SOLE 0 250 0 0 Freddie Mac PREF STK 313400640 666473 148105 SH SOLE 0 148105 0 0 Fannie Mae PREF STK 313586752 33300 6000 SH SOLE 0 6000 0 0 Fifth Third Bancorp COM 316773100 319636 8535 SH SOLE 0 8535 0 0 First Bancshares COM 318916103 1660300 45351 SH SOLE 0 45351 0 0 First Community Corp COM 319835104 967874 48515 SH SOLE 0 48515 0 0 The First Financial Corp COM 320218100 362610 8056 SH SOLE 0 8056 0 0 First Horizon COM 320517105 41430 2450 SH SOLE 0 2450 0 0 Ford COM 345370860 68806 5617 SH SOLE 0 5617 0 0 General Electric Company COM 369604103 182721 13916 SH SOLE 0 13916 0 0 Genesis Energy COM 371927104 1450278 155276 SH SOLE 0 155276 0 0 Groupon COM 399473206 1141559 22585 SH SOLE 0 22585 0 0 Hancock Whitney Corporation COM 410120109 263865 6281 SH SOLE 0 6281 0 0 Haverty Furniture Company COM 419596101 4277 115 SH SOLE 0 115 0 0 Hawaiian Holdings COM 419879101 32831 1231 SH SOLE 0 1231 0 0 Hawthorn Bancshares COM 420476103 543960 25550 SH SOLE 0 25550 0 0 Hess Midstream Partners COM 428103105 1574960 70248 SH SOLE 0 70248 0 0 Home Depot COM 437076102 3756101 12305 SH SOLE 0 12305 0 0 Honeywell COM 438516106 2568589 11833 SH SOLE 0 11833 0 0 Ingredion COM 457187102 493751 5491 SH SOLE 0 5491 0 0 Intel COM 458140100 907264 14176 SH SOLE 0 14176 0 0 IBM COM 459200101 1700264 12759 SH SOLE 0 12759 0 0 iShares Barclays TIPS Bond COM 464287176 211896 1688 SH SOLE 0 1688 0 0 iShares MSCI Emerging Markets Index COM 464287234 246164 4615 SH SOLE 0 4615 0 0 iShares DJ US Financial Sector COM 464287788 183581 2452 SH SOLE 0 2452 0 0 Johnson & Johnson COM 478160104 2400003 14603 SH SOLE 0 14603 0 0 La-Z-Boy COM 505336107 1268198 29854 SH SOLE 0 29854 0 0 Lannett Company COM 516012101 514446 97433 SH SOLE 0 97433 0 0 Liberty Media COM 531229854 59549 1350 SH SOLE 0 1350 0 0 Liberty Braves Group COM 531229888 43232 1554 SH SOLE 0 1554 0 0 MDC Holdings COM 552676108 1887910 31783 SH SOLE 0 31783 0 0 MSG Networks COM 553573106 133134 8852 SH SOLE 0 8852 0 0 MVB Financial COM 553810102 1398171 41366 SH SOLE 0 41366 0 0 Magellan Midstream COM 559080106 1779711 41045 SH SOLE 0 41045 0 0 McDonald's COM 580135101 2815198 12560 SH SOLE 0 12560 0 0 Mesa Air Group COM 590479135 1124259 83588 SH SOLE 0 83588 0 0 Microsoft COM 594918104 3156362 13387 SH SOLE 0 13387 0 0 MidWest One Financial COM 598511103 1886197 60904 SH SOLE 0 60904 0 0 NMI Holdings Inc COM 629209305 1683333 71207 SH SOLE 0 71207 0 0 Newmont Mining COM 651639106 65092 1080 SH SOLE 0 1080 0 0 Nike COM 654106103 1560793 11745 SH SOLE 0 11745 0 0 Northern Trust COM 665859104 566858 5393 SH SOLE 0 5393 0 0 OceanFirst Financial COM 675234108 710300 29670 SH SOLE 0 29670 0 0 Old National Bancorp COM 680033107 1191479 61607 SH SOLE 0 61607 0 0 ONEOK Inc. COM 682680103 3105559 61302 SH SOLE 0 61302 0 0 PNC Financial COM 693475105 689888 3933 SH SOLE 0 3933 0 0 Pacwest Bancorp COM 695263103 565116 14813 SH SOLE 0 14813 0 0 Parke Bancorp COM 700885106 882974 44171 SH SOLE 0 44171 0 0 Peoples Bancorp of NC COM 710577107 824776 34889 SH SOLE 0 34889 0 0 Pfizer COM 717081103 193251 5334 SH SOLE 0 5334 0 0 Phillips 66 Partners COM 718549207 898762 28379 SH SOLE 0 28379 0 0 Plains All American Pipeline COM 726503105 46911 5155 SH SOLE 0 5155 0 0 Pricesmart COM 741511109 9675 100 SH SOLE 0 100 0 0 Procter & Gamble COM 742718109 1777248 13123 SH SOLE 0 13123 0 0 Reliance Steel COM 759509102 611901 4018 SH SOLE 0 4018 0 0 Shell Midstream Partners COM 822634101 749375 56175 SH SOLE 0 56175 0 0 Snap-On COM 833034101 661993 2869 SH SOLE 0 2869 0 0 Southwestern Energy COM 845467109 4650 1000 SH SOLE 0 1000 0 0 Superior Industries International, Inc. COM 868168105 742147 130660 SH SOLE 0 130660 0 0 Timberland Bancorp COM 887098101 27810 1000 SH SOLE 0 1000 0 0 Toll Brothers COM 889478103 11346 200 SH SOLE 0 200 0 0 Turtle Beach COM 900450206 1630550 61138 SH SOLE 0 61138 0 0 Umpqua Holdings COM 904214103 17550 1000 SH SOLE 0 1000 0 0 Union Pacific COM 907818108 621997 2822 SH SOLE 0 2822 0 0 Unisys COM 909214306 1904822 74934 SH SOLE 0 74934 0 0 Unit Corp WARRANT 909218125 96 9635 SH SOLE 0 9635 0 0 Unit Corp COM 909218406 795718 65116 SH SOLE 0 65116 0 0 United Bancshares COM 909458101 1020069 40399 SH SOLE 0 40399 0 0 Wal-Mart COM 931142103 1666227 12267 SH SOLE 0 12267 0 0 Walgreens Boots Alliance Inc COM 931427108 721770 13147 SH SOLE 0 13147 0 0 Westlake Chemical Partners COM 960417103 353574 14720 SH SOLE 0 14720 0 0 Williams Companies COM 969457100 2777975 117264 SH SOLE 0 117264 0 0 Yelp COM 985817105 1255995 32205 SH SOLE 0 32205 0 0 Zions Bancorp COM 989701107 629897 11461 SH SOLE 0 11461 0 0 Argan Inc COM 04010e109 1253192 23490 SH SOLE 0 23490 0 0 Travelers Companies COM 89417e109 1794573 11932 SH SOLE 0 11932 0 0 AMG CONV PREF 00170F209 2145095 37306 SH SOLE 0 37306 0 0 A T & T COM 00206r102 115541 3817 SH SOLE 0 3817 0 0 Alliance Resource Partners, LP COM 01877r108 700338 120748 SH SOLE 0 120748 0 0 Altus Midstream Company COM 02215l209 1734868 33064 SH SOLE 0 33064 0 0 American Airlines Group COM 02376R102 386320 16164 SH SOLE 0 16164 0 0 American Airlines CONV BOND 02376RAF9 85389 50000 SH SOLE 0 50000 0 0 Antero Midstream COM 03676b102 2553609 282792 SH SOLE 0 282792 0 0 Arcbest Corp COM 03937c105 1856079 26376 SH SOLE 0 26376 0 0 Atlas Air Worldwide CONV BOND 049164BH8 1824559 1720000 SH SOLE 0 1720000 0 0 BOK Financial Corp COM 05561q201 359692 4027 SH SOLE 0 4027 0 0 BP Midstream Partners COM 0556EL109 586854 46355 SH SOLE 0 46355 0 0 BancFirst Corporation COM 05945f103 233630 3305 SH SOLE 0 3305 0 0 Banc of California COM 05990k106 153897 8512 SH SOLE 0 8512 0 0 Brighthouse Financial COM 10922n103 1546980 34960 SH SOLE 0 34960 0 0 Arrival Corp COM 12559c103 53913 3357 SH SOLE 0 3357 0 0 CareDx COM 14167l103 17023 250 SH SOLE 0 250 0 0 Chesapeake Energy CONV BOND 165ESCAC8 69825 2940000 SH SOLE 0 2940000 0 0 Cisco Systems COM 17275r102 780976 15103 SH SOLE 0 15103 0 0 Alpha Metallurgical Resources WARRANT 21241b118 146296 63607 SH SOLE 0 63607 0 0 Customers Bancorp COM 23204g100 390750 12280 SH SOLE 0 12280 0 0 BM Technologies COM 232CNT014 22016 1890 SH SOLE 0 1890 0 0 DR Horton Inc. COM 23331a109 13368 150 SH SOLE 0 150 0 0 Delek Logistics Partners COM 24664t103 1108672 30805 SH SOLE 0 30805 0 0 Devon Energy COM 25179m103 55572 2543 SH SOLE 0 2543 0 0 EOG Resources COM 26875p101 14506 200 SH SOLE 0 200 0 0 Eagle Bancorp COM 26942g100 951228 39113 SH SOLE 0 39113 0 0 Energy Transfer COM 29273v100 974577 126898 SH SOLE 0 126898 0 0 EnLink Midstream COM 29336t100 1036808 241680 SH SOLE 0 241680 0 0 Essa Bancorp COM 29667d104 967616 60476 SH SOLE 0 60476 0 0 EZCorp CONV BOND 302301AE6 1255646 1521000 SH SOLE 0 1521000 0 0 EZCorp CONV BOND 302301AF3 301275 325000 SH SOLE 0 325000 0 0 Exxon Mobil COM 30231g102 156938 2811 SH SOLE 0 2811 0 0 FBL Financial Group COM 30239f106 1189251 21267 SH SOLE 0 21267 0 0 Facebook COM 30303m102 173478 589 SH SOLE 0 589 0 0 1st Constitution Bancorp COM 31986n102 183181 10402 SH SOLE 0 10402 0 0 First United COM 33741h107 1042840 59185 SH SOLE 0 59185 0 0 First US Bancshares COM 33744v103 336660 36200 SH SOLE 0 36200 0 0 General Motors COM 37045v100 22984 400 SH SOLE 0 400 0 0 Goldman Sachs COM 38141g104 3900129 11927 SH SOLE 0 11927 0 0 Google COM 38259p508 35063 17 SH SOLE 0 17 0 0 Google COM 38259p706 165490 80 SH SOLE 0 80 0 0 Greenbriar CONV BOND 393657AK7 2090050 1925000 SH SOLE 0 1925000 0 0 HMN Financial COM 40424g108 911888 45345 SH SOLE 0 45345 0 0 Homestreet COM 43785u102 728697 16535 SH SOLE 0 16535 0 0 Horizon Global CONV BOND 44052WAA2 1898312 2080000 SH SOLE 0 2080000 0 0 Horsehead Holdings WARRANT 44069P118 31991 3199 SH SOLE 0 3199 0 0 Iridium Communications COM 46269c102 65093 1578 SH SOLE 0 1578 0 0 iShares 0-5 Yr High Yield Corporate Bond COM 46434v407 1583881 34575 SH SOLE 0 34575 0 0 JPMorgan COM 46625h100 2120564 13930 SH SOLE 0 13930 0 0 Kimball Electronics COM 49428j109 1815546 70370 SH SOLE 0 70370 0 0 Kinder Morgan COM 49456b101 884148 53102 SH SOLE 0 53102 0 0 LGI Homes COM 50187t106 1043826 6991 SH SOLE 0 6991 0 0 MPLX COM 55336v100 2078109 81081 SH SOLE 0 81081 0 0 Macy's, Inc. COM 55616p104 6476 400 SH SOLE 0 400 0 0 Madison Square Garden Sports COM 55825t103 28714 160 SH SOLE 0 160 0 0 Madison Square Garden Entertainment COM 55826t102 8344 102 SH SOLE 0 102 0 0 Merck COM 58933y105 1034471 13419 SH SOLE 0 13419 0 0 Meritage Homes COM 59001a102 9192 100 SH SOLE 0 100 0 0 NGL Energy Partners COM 62913M107 24664 12090 SH SOLE 0 12090 0 0 Oracle COM 68389x105 172127 2453 SH SOLE 0 2453 0 0 Pacific Premier Bancorp COM 69478x105 1270881 29256 SH SOLE 0 29256 0 0 Palantir Technologies COM 69608a109 27948 1200 SH SOLE 0 1200 0 0 Paycom Software COM 70432v102 222036 600 SH SOLE 0 600 0 0 Peoples Financial COM 71103b102 1170874 69303 SH SOLE 0 69303 0 0 Plains GP Holdings COM 72651a207 17390 1850 SH SOLE 0 1850 0 0 PowerShares QQQ Trust COM 73935a104 78506 246 SH SOLE 0 246 0 0 Premier Financial Bancorp Inc. COM 74050m105 1306119 70259 SH SOLE 0 70259 0 0 Primis Financial COM 74167b109 961850 66152 SH SOLE 0 66152 0 0 QCR Holdings Inc. COM 74727a104 4331691 91734 SH SOLE 0 91734 0 0 Pyxus International COM 74737V205 273570 58643 SH SOLE 0 58643 0 0 SB Financial Group, Inc. COM 78408d105 2866903 157005 SH SOLE 0 157005 0 0 SPDR S&P 600 Small Cap Value COM 78464a300 449141 5478 SH SOLE 0 5478 0 0 SPDR Dow Jones Industrial Average COM 78467x109 11220421 33983 SH SOLE 0 33983 0 0 salesforce.com COM 79466l302 2305569 10882 SH SOLE 0 10882 0 0 Sandridge Energy WARRANT 80007p125 64 4028 SH SOLE 0 4028 0 0 SandRidge Energy COM 80007p869 23382 5980 SH SOLE 0 5980 0 0 Sounds Financial COM 83607a100 345945 8310 SH SOLE 0 8310 0 0 Sterling Bancorp COM 85917a100 517651 22487 SH SOLE 0 22487 0 0 Summit Financial Group COM 86606g101 2453448 92409 SH SOLE 0 92409 0 0 SuRo Capital COM 86887q109 29810 2200 SH SOLE 0 2200 0 0 Synaptics CONV BOND 87157DAD1 2597308 1400000 SH SOLE 0 1400000 0 0 Talos Energy COM 87484t108 1456069 120936 SH SOLE 0 120936 0 0 Targa Resources COM 87612g101 1756346 55318 SH SOLE 0 55318 0 0 Teekay Corp CONV BOND 87900YAE3 936260 1000000 SH SOLE 0 1000000 0 0 3M Co COM 88579y101 2278441 11825 SH SOLE 0 11825 0 0 Truist Financial COM 89832q109 416580 7143 SH SOLE 0 7143 0 0 Tutor Perini Corp CONV BOND 901109AD0 1851094 1829000 SH SOLE 0 1829000 0 0 United Community Banks COM 90984p303 7506 220 SH SOLE 0 220 0 0 UnitedHealth Group COM 91324p102 4451818 11965 SH SOLE 0 11965 0 0 Uniti Group COM 91325v108 383348 34755 SH SOLE 0 34755 0 0 Vaalco Energy COM 91851c201 467667 208780 SH SOLE 0 208780 0 0 Verizon Communications COM 92343v104 819915 14100 SH SOLE 0 14100 0 0 Visa COM 92826c839 2460938 11623 SH SOLE 0 11623 0 0 Western Midstream Partners COM 95825r103 1056247 56818 SH SOLE 0 56818 0 0 Wintrust Financial COM 97650w108 1771294 23368 SH SOLE 0 23368 0 0 Deutsche Bank COM d18190898 196800 16400 SH SOLE 0 16400 0 0 Arcos Dorados Holdings COM g0457f107 63131 12403 SH SOLE 0 12403 0 0 Bunge Ltd CONV PREF g16962204 1838471 15886 SH SOLE 0 15886 0 0 McDermott WARRANT G5924V114 652 65197 SH SOLE 0 65197 0 0 McDermott WARRANT G5924V122 724 72441 SH SOLE 0 72441 0 0 Frank's International COM N33462107 1246639 351166 SH SOLE 0 351166 0 0 Genco Shipping WARRANT y2685t123 97 2155 SH SOLE 0 2155 0 0 Navios Maritime Holdings COM y62196103 162314 18529 SH SOLE 0 18529 0 0 Navios Maritime Partners COM y62267102 197630 8388 SH SOLE 0 8388 0 0 Teekay LNG Partners COM y8564m105 1738787 120833 SH SOLE 0 120833 0 0 Teekay Inc COM y8564w103 37456 11705 SH SOLE 0 11705 0 0