# Pinnacle Holdings, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1411784. Source: https://holderbook.com/funds/1411784-pinnacle-holdings-llc/

- Reported value: $324.4M
- Positions: 237
- Weight of the ten largest: 21.7%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $13.6M | 26,046 | 4.2% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $11.2M | 10,494 | 3.4% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $10.0M | 9,889 | 3.1% | 31 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $5.8M | 21,569 | 1.8% | 31 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $5.5M | 73,450 | 1.7% | 31 |
| ANTERO MIDSTREAM CORP | [AM](https://holderbook.com/stocks/AM/) | $5.3M | 232,302 | 1.6% | 26 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $5.1M | 14,063 | 1.6% | 24 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $4.8M | 55,634 | 1.5% | 31 |
| SUNOCOCORP LLC | [SUNC](https://holderbook.com/stocks/SUNC/) | $4.6M | 67,423 | 1.4% | 2 |
| NAVIOS MARITIME PARTNERS L P | [NMM](https://holderbook.com/stocks/NMM/) | $4.5M | 64,429 | 1.4% | 31 |
| KINETIK HOLDINGS INC | [KNTK](https://holderbook.com/stocks/KNTK/) | $4.5M | 92,598 | 1.4% | 24 |
| MPLX LP | [MPLX](https://holderbook.com/stocks/MPLX/) | $4.5M | 79,404 | 1.4% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.3M | 11,555 | 1.3% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $4.2M | 10,102 | 1.3% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.1M | 14,333 | 1.3% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $4.1M | 29,004 | 1.3% | 31 |
| MECHANICS BANCORP | [MCHB](https://holderbook.com/stocks/MCHB/) | $4.0M | 253,348 | 1.2% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.0M | 12,269 | 1.2% | 31 |
| SB FINL GROUP INC | [SBFG](https://holderbook.com/stocks/SBFG/) | $4.0M | 156,598 | 1.2% | 31 |
| SSR MINING IN | [SSRM](https://holderbook.com/stocks/SSRM/) | $3.9M | 139,247 | 1.2% | 4 |
| PLAINS GP HLDGS L P | [PAGP](https://holderbook.com/stocks/PAGP/) | $3.9M | 161,791 | 1.2% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.9M | 10,943 | 1.2% | 31 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $3.6M | 10,754 | 1.1% | 31 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $3.5M | 183,752 | 1.1% | 31 |
| GOOGLE INC | - | $3.5M | 9,680 | 1.1% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $3.4M | 17,239 | 1.1% | 8 |
| HESS MIDSTREAM LP | [HESM](https://holderbook.com/stocks/HESM/) | $3.4M | 89,460 | 1.0% | 23 |
| GENESIS ENERGY L P | [GEL](https://holderbook.com/stocks/GEL/) | $3.3M | 236,087 | 1.0% | 31 |
| FREDDIE MAC | [FMCC](https://holderbook.com/stocks/FMCC/) | $3.3M | 558,131 | 1.0% | 16 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.3M | 9,636 | 1.0% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $3.2M | 9,599 | 1.0% | 31 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $3.2M | 9,400 | 1.0% | 7 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $3.2M | 11,507 | 1.0% | 31 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $3.2M | 87,818 | 1.0% | 31 |
| BURKE HERBERT FINL SVCS CORP | [BHRB](https://holderbook.com/stocks/BHRB/) | $3.1M | 43,156 | 1.0% | 9 |
| ALLIANCE RESOURCE PARTNERS L | [ARLP](https://holderbook.com/stocks/ARLP/) | $3.1M | 128,211 | 0.9% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.1M | 12,049 | 0.9% | 31 |
| WESTERN GAS EQUITY PARTNERS | [WGP](https://holderbook.com/stocks/WGP/) | $3.0M | 67,846 | 0.9% | 31 |
| ARKO PETE CORP | [APC](https://holderbook.com/stocks/APC/) | $3.0M | 156,978 | 0.9% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $2.8M | 10,447 | 0.9% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.8M | 11,743 | 0.9% | 10 |
| MGP INGREDIENTS INC NEW | - | $2.8M | 2,875,000 | 0.9% | 6 |
| UNIT CORP | [UNTC](https://holderbook.com/stocks/UNTC/) | $2.8M | 88,518 | 0.9% | 23 |
| BRIGHTHOUSE FINL INC | [BHF](https://holderbook.com/stocks/BHF/) | $2.8M | 43,518 | 0.8% | 24 |
| FIRST UTD CORP | [FUNC](https://holderbook.com/stocks/FUNC/) | $2.6M | 58,916 | 0.8% | 31 |
| NMI HLDGS INC | [NMIH](https://holderbook.com/stocks/NMIH/) | $2.6M | 62,842 | 0.8% | 31 |
| REPUBLIC AWYS HLDGS INC | [RJET](https://holderbook.com/stocks/RJET/) | $2.5M | 116,737 | 0.8% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.4M | 14,563 | 0.7% | 13 |
| HELEN OF TROY LTD | [HELE](https://holderbook.com/stocks/HELE/) | $2.3M | 80,606 | 0.7% | 3 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $2.3M | 10,566 | 0.7% | 31 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $2.2M | 9,850 | 0.7% | 24 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.2M | 38,548 | 0.7% | 31 |
| CITIZENS CMNTY BANCORP INC M | [CZWI](https://holderbook.com/stocks/CZWI/) | $2.1M | 91,262 | 0.7% | 31 |
| Hovnanian | - | $2.1M | 102,900 | 0.7% | 4 |
| PUBMATIC INC | [PUBM](https://holderbook.com/stocks/PUBM/) | $2.1M | 158,250 | 0.6% | 6 |
| AMERICOLD REALTY TRUST INC | [COLD](https://holderbook.com/stocks/COLD/) | $2.1M | 130,869 | 0.6% | 3 |
|  | - | $2.0M | 94,813 | 0.6% | 1 |
| FLAGSTAR BANK NATIONAL ASSOC | [FLGPRU](https://holderbook.com/stocks/FLGPRU/) | $2.0M | 47,892 | 0.6% | 18 |
| JACKSON FINANCIAL INC | [JXN](https://holderbook.com/stocks/JXN/) | $1.9M | 18,275 | 0.6% | 17 |
| SPECTRUM BRANDS INC | - | $1.8M | 1,770,000 | 0.6% | 5 |
| RENASANT CORP | [RNST](https://holderbook.com/stocks/RNST/) | $1.8M | 42,911 | 0.6% | 5 |
| AMPHASTAR PHARMACEUTICALS IN | - | $1.8M | 2,010,000 | 0.6% | 2 |
| HAWTHORN BANCSHARES INC | [HWBK](https://holderbook.com/stocks/HWBK/) | $1.8M | 46,073 | 0.6% | 31 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.8M | 10,825 | 0.5% | 31 |
| KIMBALL ELECTRONICS INC | [KE](https://holderbook.com/stocks/KE/) | $1.7M | 66,552 | 0.5% | 31 |
| DELEK LOGISTICS PARTNERS LP | [DKL](https://holderbook.com/stocks/DKL/) | $1.7M | 33,044 | 0.5% | 31 |
| WINNEBAGO INDS INC | - | $1.7M | 1,805,000 | 0.5% | 3 |
| CNB FINL CORP PA | [CCNE](https://holderbook.com/stocks/CCNE/) | $1.7M | 50,124 | 0.5% | 4 |
| CIVISTA BANCSHARES INC | [CIVB](https://holderbook.com/stocks/CIVB/) | $1.7M | 58,920 | 0.5% | 31 |
| PARKE BANCORP INC | [PKBK](https://holderbook.com/stocks/PKBK/) | $1.7M | 49,941 | 0.5% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.6M | 11,192 | 0.5% | 31 |
| CRACKER BARREL OLD CTRY STOR | [CBRL](https://holderbook.com/stocks/CBRL/) | $1.6M | 30,757 | 0.5% | 6 |
| CHEMOURS CO | [CC](https://holderbook.com/stocks/CC/) | $1.6M | 79,337 | 0.5% | 7 |
| TALOS ENERGY INC | [TALO](https://holderbook.com/stocks/TALO/) | $1.6M | 123,880 | 0.5% | 31 |
| Palantir Technologies | - | $1.6M | 13,635 | 0.5% | 17 |
| SHAKE SHACK INC | - | $1.6M | 1,715,000 | 0.5% | 16 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $1.6M | 48,657 | 0.5% | 31 |
| FLAGSTAR BANK NATIONAL ASSOC | [FLG](https://holderbook.com/stocks/FLG/) | $1.6M | 103,920 | 0.5% | 7 |
| JETBLUE AIRWAYS CORP | [JBLU](https://holderbook.com/stocks/JBLU/) | $1.6M | 270,638 | 0.5% | 11 |
| ALERUS FINL CORP | [ALRS](https://holderbook.com/stocks/ALRS/) | $1.5M | 49,149 | 0.5% | 7 |
| FIRST CMNTY CORP S C | [FCCO](https://holderbook.com/stocks/FCCO/) | $1.5M | 46,087 | 0.5% | 31 |
| PEOPLES BANCORP N C INC | [PEBK](https://holderbook.com/stocks/PEBK/) | $1.5M | 34,889 | 0.5% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.5M | 13,218 | 0.5% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.5M | 11,571 | 0.5% | 31 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.5M | 9,357 | 0.5% | 24 |
| OLD NATL BANCORP IND | [ONB](https://holderbook.com/stocks/ONB/) | $1.5M | 56,569 | 0.5% | 31 |
| Freddie Mac | [FMCKI](https://holderbook.com/stocks/FMCKI/) | $1.4M | 179,580 | 0.4% | 31 |
| PEOPLES BANCORP INC | [PEBO](https://holderbook.com/stocks/PEBO/) | $1.4M | 36,888 | 0.4% | 20 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.4M | 12,046 | 0.4% | 31 |
| GREEN PLAINS INC | - | $1.4M | 1,390,000 | 0.4% | 6 |
| CUSTOMERS BANCORP INC | [CUBI](https://holderbook.com/stocks/CUBI/) | $1.4M | 17,370 | 0.4% | 17 |
| Banc of California 7.75 Non-Cumulative Perpetual Preferred Stock, Series A | [BANCPRF](https://holderbook.com/stocks/BANCPRF/) | $1.4M | 54,734 | 0.4% | 11 |
| LA Z BOY INC | [LZB](https://holderbook.com/stocks/LZB/) | $1.4M | 34,204 | 0.4% | 26 |
| ACADEMY SPORTS & OUTDOORS IN | [ASO](https://holderbook.com/stocks/ASO/) | $1.4M | 28,738 | 0.4% | 17 |
| NETGEAR INC | [NTGR](https://holderbook.com/stocks/NTGR/) | $1.3M | 56,084 | 0.4% | 20 |
| INNOVIVA INC | - | $1.3M | 1,190,000 | 0.4% | 11 |
| ORRSTOWN FINL SVCS INC | [ORRF](https://holderbook.com/stocks/ORRF/) | $1.3M | 31,140 | 0.4% | 8 |
| BANK OF AMER CORP | [BACPRL](https://holderbook.com/stocks/BACPRL/) | $1.2M | 995 | 0.4% | 31 |
| PRIMIS FINANCIAL CORP | [FRST](https://holderbook.com/stocks/FRST/) | $1.1M | 68,048 | 0.3% | 22 |
| BANC OF CALIFORNIA INC | [BANC](https://holderbook.com/stocks/BANC/) | $1.1M | 54,203 | 0.3% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.8% | +14.8% | -6.1% | 87% |
| Q1 2026 | +1.7% | -4.6% | +6.3% | 88% |
| Q4 2025 | +2.1% | +2.4% | -0.3% | 84% |
| Q3 2025 | +5.0% | +7.8% | -2.8% | 83% |
| Q2 2025 | +3.3% | +10.5% | -7.2% | 82% |
| Q1 2025 | -1.4% | -4.6% | +3.2% | 83% |
| Q4 2024 | +3.5% | +2.1% | +1.4% | 83% |
| Q3 2024 | +7.4% | +5.4% | +2.0% | 83% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $324.4M | 237 |
| Q1 2026 | $309.3M | 233 |
| Q4 2025 | $296.0M | 249 |
| Q3 2025 | $286.8M | 246 |
| Q2 2025 | $277.2M | 229 |
| Q1 2025 | $263.1M | 237 |
| Q4 2024 | $264.9M | 238 |
| Q3 2024 | $256.1M | 237 |
| Q2 2024 | $246.0M | 232 |
| Q1 2024 | $248.9M | 225 |
| Q4 2023 | $243.0M | 217 |
| Q3 2023 | $213.4M | 202 |