Managing Partner

0001411784-24-000005.txt : 20240509 0001411784-24-000005.hdr.sgml : 20240509 20240509113326 ACCESSION NUMBER: 0001411784-24-000005 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240509 DATE AS OF CHANGE: 20240509 EFFECTIVENESS DATE: 20240509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Pinnacle Holdings, LLC CENTRAL INDEX KEY: 0001411784 ORGANIZATION NAME: 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: 24929329 BUSINESS ADDRESS: STREET 1: 1616 EAST 15TH STREET CITY: TULSA STATE: OK ZIP: 74120 BUSINESS PHONE: 918-582-6864 MAIL ADDRESS: STREET 1: 1616 EAST 15TH STREET CITY: TULSA STATE: OK ZIP: 74120 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001411784 XXXXXXXX 03-31-2024 03-31-2024 Pinnacle Holdings, LLC

1616 EAST 15TH STREET TULSA OK 74120

13F HOLDINGS REPORT 028-12706 N David M Poarch Managing Partner 9185826864 David M Poarch Tulsa OK 05-09-2024 0 225 248895240 false INFORMATION TABLE 2 informationtable.xml Bread Financial Holdings COM 018581108 46960 1261 SH SOLE 0 1261 0 0 Alpha Metallurgical Resources COM 020764106 359684 1086 SH SOLE 0 1086 0 0 Amazon.com COM 023135106 2035588 11285 SH SOLE 0 11285 0 0 AMBAC Financial COM 023139884 3079 197 SH SOLE 0 197 0 0 American Express Company COM 025816109 2129129 9351 SH SOLE 0 9351 0 0 Amgen COM 031162100 4111552 14461 SH SOLE 0 14461 0 0 Apple COM 037833100 2700004 15745 SH SOLE 0 15745 0 0 Astrazeneca PLC COM 046353108 60975 900 SH SOLE 0 900 0 0 Bank of America COM 060505104 1467239 38693 SH SOLE 0 38693 0 0 Bank of America CONV PREF 060505682 1246265 1044 SH SOLE 0 1044 0 0 Berkshire Hills Bancorp COM 084680107 12377 540 SH SOLE 0 540 0 0 The Boeing Company COM 097023105 1998604 10356 SH SOLE 0 10356 0 0 Brandywine Realty Trust COM 105368203 40546 8447 SH SOLE 0 8447 0 0 CVB Financial COM 126600105 139206 7803 SH SOLE 0 7803 0 0 Caterpillar COM 149123101 3545577 9676 SH SOLE 0 9676 0 0 Central Valley Community Bancorp COM 155685100 435710 21906 SH SOLE 0 21906 0 0 Chevron Corporation COM 166764100 2138954 13560 SH SOLE 0 13560 0 0 Citigroup COM 172967424 1840916 29110 SH SOLE 0 29110 0 0 Citizens Financial Group COM 174610105 431670 11895 SH SOLE 0 11895 0 0 Citizens Community Bancorp COM 174903104 1113730 91665 SH SOLE 0 91665 0 0 Civista Bancshares COM 178867107 909573 59140 SH SOLE 0 59140 0 0 Cleveland-Cliffs COM 185899101 2125985 93491 SH SOLE 0 93491 0 0 The Coca-Cola Company COM 191216100 649915 10623 SH SOLE 0 10623 0 0 Codorus Bancorp COM 192025104 818547 35964 SH SOLE 0 35964 0 0 Columbia Banking System COM 197236102 11455 592 SH SOLE 0 592 0 0 McDermott International COM 220014096 39913 199566 SH SOLE 0 199566 0 0 Walt Disney Co COM 254687106 1157587 9461 SH SOLE 0 9461 0 0 Dow COM 260557103 655536 11316 SH SOLE 0 11316 0 0 Encore Wire Corp COM 292562105 105112 400 SH SOLE 0 400 0 0 Enterprise Products Partners COM 293792107 2397808 82173 SH SOLE 0 82173 0 0 Equitrans Midstream Corporation COM 294600101 2220923 177816 SH SOLE 0 177816 0 0 EZCORP COM 302301106 11330 1000 SH SOLE 0 1000 0 0 F.N.B. Corporation COM 302520101 99659 7068 SH SOLE 0 7068 0 0 Freddie Mac COM 313400301 615789 456140 SH SOLE 0 456140 0 0 Freddie Mac PREF STK 313400640 565677 179580 SH SOLE 0 179580 0 0 Federal National Mortgage Association COM 313586109 161691 102988 SH SOLE 0 102988 0 0 Fannie Mae PREF STK 313586752 23940 6000 SH SOLE 0 6000 0 0 Fifth Third Bancorp COM 316773100 432566 11625 SH SOLE 0 11625 0 0 First Bancshares COM 318916103 1121455 43216 SH SOLE 0 43216 0 0 First Community Corp COM 319835104 820343 47065 SH SOLE 0 47065 0 0 The First Financial Corp COM 320218100 316307 8252 SH SOLE 0 8252 0 0 Ford Motor COM 345370860 88930 6697 SH SOLE 0 6697 0 0 Genesis Energy COM 371927104 2331586 209675 SH SOLE 0 209675 0 0 Graftech International COM 384313508 293086 212381 SH SOLE 0 212381 0 0 Hancock Whitney Corporation COM 410120109 288072 6257 SH SOLE 0 6257 0 0 Hawaiian Holdings COM 419879101 16409 1231 SH SOLE 0 1231 0 0 Hawthorn Bancshares COM 420476103 977023 47823 SH SOLE 0 47823 0 0 Hess Midstream Partners COM 428103105 3139270 86888 SH SOLE 0 86888 0 0 Home Depot COM 437076102 3878580 10111 SH SOLE 0 10111 0 0 Honeywell International COM 438516106 2018429 9834 SH SOLE 0 9834 0 0 Hugoton Royalty Trust COM 444717102 193310 369194 SH SOLE 0 369194 0 0 Intel Corporation COM 458140100 643424 14567 SH SOLE 0 14567 0 0 IBM COM 459200101 2094258 10967 SH SOLE 0 10967 0 0 iShares Barclays TIPS Bond COM 464287176 197786 1841 SH SOLE 0 1841 0 0 Itron Inc COM 465741106 24610 266 SH SOLE 0 266 0 0 Jetblue Airways COM 477143101 1666577 224606 SH SOLE 0 224606 0 0 Johnson & Johnson COM 478160104 1974211 12480 SH SOLE 0 12480 0 0 La-Z-Boy COM 505336107 1097187 29165 SH SOLE 0 29165 0 0 Lakeland Bancorp COM 511637100 168130 13895 SH SOLE 0 13895 0 0 Vital Energy COM 516806205 1047175 19931 SH SOLE 0 19931 0 0 MDC Holdings COM 552676108 1677118 26659 SH SOLE 0 26659 0 0 Marathon Oil COM 565584910 24968 881 SH SOLE 0 881 0 0 McDonald's COM 580135101 2960475 10500 SH SOLE 0 10500 0 0 Mesa Air Group COM 590479135 470362 534745 SH SOLE 0 534745 0 0 Microsoft Corporation COM 594918104 5115786 12160 SH SOLE 0 12160 0 0 Microchip Technology COM 595017704 76254 850 SH SOLE 0 850 0 0 MidWest One Financial Group COM 598511103 1852112 79015 SH SOLE 0 79015 0 0 NMI Holdings COM 629209305 1975424 61083 SH SOLE 0 61083 0 0 New Fortress Energy COM 644393100 1653879 54066 SH SOLE 0 54066 0 0 New York Community Bancorp COM 649445103 424267 131760 SH SOLE 0 131760 0 0 The New York Times Company COM 650111107 28568 661 SH SOLE 0 661 0 0 Nike COM 654106103 867059 9226 SH SOLE 0 9226 0 0 OceanFirst Financial COM 675234108 845066 51497 SH SOLE 0 51497 0 0 Old National Bancorp COM 680033107 991204 56933 SH SOLE 0 56933 0 0 ONEOK COM 682680103 4829737 60244 SH SOLE 0 60244 0 0 PAM Transporation COM 693149106 795263 49060 SH SOLE 0 49060 0 0 Parke Bancorp COM 700885106 864557 50192 SH SOLE 0 50192 0 0 Peoples Bancorp COM 709789101 1100889 37180 SH SOLE 0 37180 0 0 Peoples Bancorp of NC COM 710577107 971659 34889 SH SOLE 0 34889 0 0 Pfizer COM 717081103 180569 6507 SH SOLE 0 6507 0 0 Piedmont Office Realty COM 720190206 37575 5345 SH SOLE 0 5345 0 0 Plains All American Pipeline COM 726503105 98547 5612 SH SOLE 0 5612 0 0 Procter & Gamble COM 742718109 1978801 12196 SH SOLE 0 12196 0 0 Schwab US TIPS ETF COM 808524870 10536 202 SH SOLE 0 202 0 0 Southwestern Energy COM 845467109 22740 3000 SH SOLE 0 3000 0 0 Superior Industries COM 868168105 532329 183562 SH SOLE 0 183562 0 0 Taiwan Semiconductor Manufacturing COM 874039100 68025 500 SH SOLE 0 500 0 0 Toast Inc COM 888787108 30926 1241 SH SOLE 0 1241 0 0 Turtle Beach COM 900450206 1039882 60318 SH SOLE 0 60318 0 0 Unisys Corp COM 909214306 691505 140836 SH SOLE 0 140836 0 0 Unit Corp WARRANT 909218125 100571 137769 SH SOLE 0 137769 0 0 Unit Corp COM 909218406 3306209 89357 SH SOLE 0 89357 0 0 United Bancshares COM 909458101 432035 22859 SH SOLE 0 22859 0 0 United Parcel Service COM 911312106 88435 595 SH SOLE 0 595 0 0 Wal-Mart Stores COM 931142103 824281 13699 SH SOLE 0 13699 0 0 Wells Fargo & Company COM 949746101 239549 4133 SH SOLE 0 4133 0 0 Westlake Chemical Partners COM 960417103 921098 41491 SH SOLE 0 41491 0 0 Williams Companies COM 969457100 3213864 82470 SH SOLE 0 82470 0 0 Yelp COM 985817105 1234047 31321 SH SOLE 0 31321 0 0 Zions Bancorp COM 989701107 577177 13299 SH SOLE 0 13299 0 0 Argan Inc COM 04010e109 1294784 25619 SH SOLE 0 25619 0 0 Enact Holdings COM 29249E109 48921 1569 SH SOLE 0 1569 0 0 Travelers COM 89417e109 2166078 9412 SH SOLE 0 9412 0 0 Barclays PLC COM 06738e204 48157 5096 SH SOLE 0 5096 0 0 GlobalX Superdividend COM 37950e291 67734 3895 SH SOLE 0 3895 0 0 AMG CONV PREF 00170F209 1496910 29410 SH SOLE 0 29410 0 0 A T & T COM 00206r102 53750 3054 SH SOLE 0 3054 0 0 Academy Sports & Outdoors COM 00402l107 1788257 26477 SH SOLE 0 26477 0 0 Alliance Resource Partners COM 01877r108 2648725 132106 SH SOLE 0 132106 0 0 Altria Group COM 02209s103 101155 2319 SH SOLE 0 2319 0 0 Kinetik Holdings COM 02215l209 4031140 101107 SH SOLE 0 101107 0 0 American Airlines Group COM 02376R102 253981 16546 SH SOLE 0 16546 0 0 American Airlines CONV BOND 02376RAF9 58057 50000 SH SOLE 0 50000 0 0 Antero Midstream COM 03676b102 4086535 290650 SH SOLE 0 290650 0 0 Arcbest Corp COM 03937c105 1729523 12137 SH SOLE 0 12137 0 0 Banc of California COM 05990k106 370318 24347 SH SOLE 0 24347 0 0 Bank of California PREF STK 05990k841 1254222 54484 SH SOLE 0 54484 0 0 Bank OZK COM 06417n103 28413 625 SH SOLE 0 625 0 0 Bill.com Holdings CONV BOND 090043AD2 427500 500000 SH SOLE 0 500000 0 0 Blackline Corp CONV BOND 09239BAD1 452408 500000 SH SOLE 0 500000 0 0 Brighthouse Financial COM 10922n103 2158238 41875 SH SOLE 0 41875 0 0 CareDx COM 14167l103 13682 1292 SH SOLE 0 1292 0 0 The Cheesecake Factory CONV BOND 163072AA9 1567982 1765000 SH SOLE 0 1765000 0 0 Cisco Systems COM 17275r102 703382 14093 SH SOLE 0 14093 0 0 Cloudfare CONV BOND 18915MAC1 468000 500000 SH SOLE 0 500000 0 0 Coupa Software CONV BOND 22266LAF3 477038 500000 SH SOLE 0 500000 0 0 Customers Bancorp COM 23204g100 928285 17495 SH SOLE 0 17495 0 0 DR Horton COM 23331a109 24683 150 SH SOLE 0 150 0 0 Datadog CONV BOND 23804LAB9 1056750 750000 SH SOLE 0 750000 0 0 Delek Logistics Partners COM 24664t103 1078447 26310 SH SOLE 0 26310 0 0 Devon Energy Corporation COM 25179m103 169909 3386 SH SOLE 0 3386 0 0 EOG Resources COM 26875p101 26846 210 SH SOLE 0 210 0 0 Eagle Bancorp Montana COM 26942g100 334533 26054 SH SOLE 0 26054 0 0 Energy Transfer COM 29273v100 2991393 190171 SH SOLE 0 190171 0 0 EnLink Midstream LLC COM 29336t100 2003542 146887 SH SOLE 0 146887 0 0 Essa Bancorp Inc COM 29667d104 1087529 59656 SH SOLE 0 59656 0 0 EZCorp Inc CONV BOND 302301AE6 1284712 1311000 SH SOLE 0 1311000 0 0 EZCorp Inc CONV BOND 302301AF3 358552 310000 SH SOLE 0 310000 0 0 Exxon Mobil Corporation COM 30231g102 655958 5643 SH SOLE 0 5643 0 0 First United Corp COM 33741h107 1357784 59266 SH SOLE 0 59266 0 0 First US Bancshares COM 33744v103 520838 56246 SH SOLE 0 56246 0 0 Five9 CONV BOND 338307AD3 470650 500000 SH SOLE 0 500000 0 0 Forum Energy Technologies CONV BOND 34984VAC4 2988339 3017000 SH SOLE 0 3017000 0 0 Goldman Sachs COM 38141g104 3959284 9479 SH SOLE 0 9479 0 0 HMN Financial COM 40424g108 827120 39200 SH SOLE 0 39200 0 0 Hertz Global Holdings WARRANT 42806j148 439893 99075 SH SOLE 0 99075 0 0 Hertz Global Holdings COM 42806j700 819300 104636 SH SOLE 0 104636 0 0 Homestreet Inc COM 43785u102 3314778 220251 SH SOLE 0 220251 0 0 Hope Bancorp COM 43940t109 817981 71067 SH SOLE 0 71067 0 0 Innoviva CONV BOND 45781MAD3 1086525 1240000 SH SOLE 0 1240000 0 0 Iridium Communications COM 46269c102 39972 1528 SH SOLE 0 1528 0 0 iShares Convertible Bond ETF COM 46435G102 135141 1693 SH SOLE 0 1693 0 0 JPMorgan COM 46625h100 2507556 12519 SH SOLE 0 12519 0 0 JP Morgan Chase Alerian ETN COM 46625h365 26467 929 SH SOLE 0 929 0 0 JP Morgan Equity Premium COM 46641q332 69721 1205 SH SOLE 0 1205 0 0 Jackson Financial COM 46817m107 1427632 21585 SH SOLE 0 21585 0 0 Jackson Financial PREF STK 46817m206 79710 3000 SH SOLE 0 3000 0 0 Jetblue Airways CONV BOND 477143AP6 2396170 2745000 SH SOLE 0 2745000 0 0 Kimball Electronics COM 49428j109 1366180 63103 SH SOLE 0 63103 0 0 Kinder Morgan COM 49456b101 898681 49001 SH SOLE 0 49001 0 0 Kratos Defense COM 50077b207 18380 1000 SH SOLE 0 1000 0 0 LCI Industries CONV BOND 501812AB7 1204877 1230000 SH SOLE 0 1230000 0 0 LGI Homes COM 50187t106 807491 6939 SH SOLE 0 6939 0 0 MPLX COM 55336v100 3398116 81764 SH SOLE 0 81764 0 0 Macy's COM 55616p104 7996 400 SH SOLE 0 400 0 0 MamaMancini's Holdings COM 56146T103 240000 48000 SH SOLE 0 48000 0 0 Mastercard COM 57636q104 219596 456 SH SOLE 0 456 0 0 Merck & Co. Inc. COM 58933y105 1510036 11444 SH SOLE 0 11444 0 0 Microstrategy CONV BOND 594972AC5 2142500 500000 SH SOLE 0 500000 0 0 NETGEAR COM 64111Q104 766800 48624 SH SOLE 0 48624 0 0 New York Community Bancorp CONV PREF 64944p307 1573542 47930 SH SOLE 0 47930 0 0 Nextera Energy Partners COM 65341b106 1184099 39365 SH SOLE 0 39365 0 0 Nextera Energy COM 65399f101 475171 7435 SH SOLE 0 7435 0 0 Okta CONV BOND 679295AF2 458000 500000 SH SOLE 0 500000 0 0 Oracle Corporation COM 68389x105 467144 3719 SH SOLE 0 3719 0 0 Pacer US Small Cap Cash Cows COM 69374H857 36870 750 SH SOLE 0 750 0 0 Palantir Technologies COM 69608a109 36816 1600 SH SOLE 0 1600 0 0 Peoples Financial Corp COM 71103b102 1056255 68588 SH SOLE 0 68588 0 0 Plains GP Holdings COM 72651a207 81213 4450 SH SOLE 0 4450 0 0 Primis Financial COM 74167b109 835178 68626 SH SOLE 0 68626 0 0 ProShares S&P 500 Dividend Aristocrat ETF COM 74348a467 265770 2621 SH SOLE 0 2621 0 0 QCR Holdings Inc COM 74727a104 4911457 80860 SH SOLE 0 80860 0 0 Ranger Energy Services COM 75282u104 43467 3850 SH SOLE 0 3850 0 0 Rayonier Advanced Materials COM 75508b104 44430 9295 SH SOLE 0 9295 0 0 SB Financial Group COM 78408d105 2173171 157705 SH SOLE 0 157705 0 0 SPDR S&P 600 Small Cap Value COM 78464a300 659446 7948 SH SOLE 0 7948 0 0 SPDR Dow Jones Industrial Average COM 78467x109 11806891 29683 SH SOLE 0 29683 0 0 salesforce.com COM 79466l302 2607315 8657 SH SOLE 0 8657 0 0 SandRidge Energy COM 80007p869 104030 7140 SH SOLE 0 7140 0 0 Schneider Natl COM 80689h102 22640 1000 SH SOLE 0 1000 0 0 Sea Ltd COM 81141r100 21162 394 SH SOLE 0 394 0 0 Financial Sector SPDR COM 81369y105 34117 810 SH SOLE 0 810 0 0 Shake Shack CONV BOND 819047AB7 1652992 1809000 SH SOLE 0 1809000 0 0 Sounds Financial COM 83607a100 315348 7750 SH SOLE 0 7750 0 0 Sprouts Farmers Market COM 85208M102 2218112 34400 SH SOLE 0 34400 0 0 Sterling Bancorp COM 85917w102 391484 75869 SH SOLE 0 75869 0 0 Summit Financial Group COM 86606g101 2335801 86002 SH SOLE 0 86002 0 0 Talos Energy COM 87484t108 1670708 119936 SH SOLE 0 119936 0 0 Targa Resources Corp COM 87612g101 4493737 40126 SH SOLE 0 40126 0 0 3M Co COM 88579y101 991861 9351 SH SOLE 0 9351 0 0 Truist Financial COM 89832q109 527010 13520 SH SOLE 0 13520 0 0 Uber Technologies COM 90353t100 58050 754 SH SOLE 0 754 0 0 UnitedHealth Group Inc COM 91324p102 4807989 9719 SH SOLE 0 9719 0 0 Uniti Group COM 91325v108 41271 6995 SH SOLE 0 6995 0 0 Vaalco Energy COM 91851c201 1429665 205117 SH SOLE 0 205117 0 0 Verizon Communications COM 92343v104 554669 13219 SH SOLE 0 13219 0 0 Visa COM 92826c839 2642609 9469 SH SOLE 0 9469 0 0 Vishay Intertechnology CONV BOND 928298AP3 1795758 1820000 SH SOLE 0 1820000 0 0 Western Midstream Partners COM 95825r103 2451848 68969 SH SOLE 0 68969 0 0 WisdomTree Investments CONV BOND 97717PAD6 1838078 1750000 SH SOLE 0 1750000 0 0 Zillow Group CONV BOND 98954MAH4 1750868 1660000 SH SOLE 0 1660000 0 0 Zscaler CONV BOND 98980GAB8 1021838 750000 SH SOLE 0 750000 0 0 Deutsche Bank COM d18190898 392673 24900 SH SOLE 0 24900 0 0 Bunge Ltd COM g16962105 85297 832 SH SOLE 0 832 0 0 McDermott WARRANT G5924V114 65 65197 SH SOLE 0 65197 0 0 McDermott WARRANT G5924V122 72 72441 SH SOLE 0 72441 0 0 TAT Technologies COM m8740S227 28410 2346 SH SOLE 0 2346 0 0 Expro Group Holdings COM n3144w105 1285412 64367 SH SOLE 0 64367 0 0 Ardmore Shipping Company COM y0207t100 53201 3240 SH SOLE 0 3240 0 0 Danaos Corp COM y1968p121 42887 594 SH SOLE 0 594 0 0 Genco Shipping COM y2685t131 60990 3000 SH SOLE 0 3000 0 0 Navios Maritime Partners L.P. COM y62267102 2820535 66179 SH SOLE 0 66179 0 0 Stealthgas COM y81669106 41871 7049 SH SOLE 0 7049 0 0 Teekay Inc COM y8564w103 55612 7639 SH SOLE 0 7639 0 0 Teekay Tankers COM y8565n102 68515 1173 SH SOLE 0 1173 0 0