Pinnacle Holdings, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Pinnacle Holdings, LLC reported 202 stock positions worth $230.0 million. Its top holding was SS SPDR Dow Jones Indus Avg (DIA) at 4.8% of the portfolio, followed by Targa Resources (TRGP, 2.6%) and Oneok (OKE, 2.5%). Compared with Q3 2024, it opened 23 new positions, sold out of 25, added to 23 and reduced 111. The biggest buy was Nvidia (NVDA, shares +10262%) and the biggest sale QCR (QCRH, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- TULSA, OK
- CIK
- 0001411784
- Portfolio Value
- $230.0M (Q4 2024)
- SEC Filing
- 0001411784-25-000002 ↗ filed Feb 13, 2025
Holdings Value
Holdings 202 stocks · $230.0M
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 4.77% | 25,768 | $11.0M | Reduce -3.5% |
| TRGP Targa Resources Corp. | 2.63% | 33,860 | $6.0M | Reduce -8.3% |
| OKE Oneok Inc. | 2.49% | 57,011 | $5.7M | Reduce -1.9% |
| KNTK Kinetik Holdings Inc. | 2.39% | 96,809 | $5.5M | Reduce -2.7% |
| AAPL Apple Inc. | 2.27% | 20,808 | $5.2M | Add +36.2% |
| GS Goldman Sachs Group Inc. | 2.18% | 8,747 | $5.0M | Reduce -5.7% |
| MSFT Microsoft Corp. | 2.10% | 11,458 | $4.8M | Reduce -5.1% |
| UNH Unitedhealth Group Inc. | 1.97% | 8,954 | $4.5M | Reduce -6.0% |
| WMB Williams Cos Inc. | 1.95% | 82,843 | $4.5M | Reduce -0.2% |
| AM Antero Midstream Corp. | 1.87% | 285,090 | $4.3M | Reduce -1.1% |
| MPLX MPLX LP | 1.68% | 80,862 | $3.9M | Reduce -3.3% |
| NVDA Nvidia Corp. | 1.68% | 28,703 | $3.9M | Add +10262.1% |
| HD Home Depot Inc. | 1.59% | 9,394 | $3.7M | Reduce -5.7% |
| ET Energy Transfer LP | 1.56% | 183,356 | $3.6M | Reduce -4.3% |
| AMGN Amgen Inc. | 1.47% | 12,966 | $3.4M | Reduce -2.5% |
| ARLP Alliance Resource Partners | 1.47% | 128,296 | $3.4M | Reduce -3.3% |
| SBFG SB Financial Group Inc. filed as SB FINL GROUP INC | 1.43% | 156,897 | $3.3M | Reduce -0.2% |
| CAT Caterpillar Inc. | 1.41% | 8,951 | $3.2M | Reduce -5.5% |
| HESM Hess Midstream LP Class A | 1.37% | 84,926 | $3.1M | Reduce -2.2% |
| NAVIOS MARITIME PARTNERS L P | 1.24% | 65,779 | $2.8M | Reduce -0.8% |
| MCD McDonald's Corp. | 1.20% | 9,526 | $2.8M | Reduce -6.7% |
| JPM JPMorgan Chase & Co. | 1.20% | 11,515 | $2.8M | Reduce -6.0% |
| CRM Salesforce Inc. | 1.20% | 8,229 | $2.8M | Reduce -2.6% |
| EPD Enterprise Products Partners | 1.20% | 87,666 | $2.7M | Reduce -3.9% |
| V Visa Inc. Class A | 1.19% | 8,652 | $2.7M | Reduce -7.5% |
| BHRB Burke & Herbert Financial SE | 1.17% | 43,292 | $2.7M | Reduce -0.2% |
| UNTC Unit Corp. | 1.17% | 89,213 | $2.7M | No change |
| SHW The Sherwin-Williams Co. | 1.16% | 7,840 | $2.7M | New |
| Homestreet Inc | 1.12% | 226,013 | $2.6M | Add +2.6% |
| WES Western Gas Equity Partners | 1.11% | 66,661 | $2.6M | Reduce -3.1% |
| AXP American Express Co. | 1.10% | 8,516 | $2.5M | Reduce -5.9% |
| GEL Genesis Energy L.P. | 1.03% | 234,890 | $2.4M | Add +2.4% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 1.02% | 63,825 | $2.3M | Add +5.7% |
| AMZN Amazon.com Inc. | 1.01% | 10,554 | $2.3M | Reduce -6.3% |
| MOFG Midwestone Financial Group I | 0.97% | 76,988 | $2.2M | Reduce -1.4% |
| BHF Brighthouse Financial Inc. | 0.97% | 46,297 | $2.2M | Add +0.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.96% | 10,011 | $2.2M | Reduce -5.9% |
| ENLC Enlink Midstream LLC | 0.95% | 153,710 | $2.2M | Reduce -2.4% |
| HON Honeywell International Inc. | 0.92% | 9,330 | $2.1M | Reduce -3.5% |
| TRV The Travelers Cos Inc. | 0.91% | 8,693 | $2.1M | Reduce -5.6% |
| C Citigroup Inc. | 0.89% | 28,960 | $2.0M | Reduce -0.4% |
| FUNC First United Corp. | 0.86% | 58,976 | $2.0M | Reduce -0.4% |
| CVX Chevron Corp. | 0.82% | 13,070 | $1.9M | Reduce -2.7% |
| JBLU Jetblue Airways Corp. | 0.80% | 234,483 | $1.8M | Reduce -0.2% |
| PG The Procter & Gamble Co. | 0.77% | 10,596 | $1.8M | Reduce -7.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.74% | 38,471 | $1.7M | Reduce -0.6% |
| NFE New Fortress Energy Inc. | 0.72% | 109,139 | $1.7M | Add +3.7% |
| BA The Boeing Co. | 0.71% | 9,269 | $1.6M | Reduce -5.2% |
| ASO Academy Sports & Outdoors Inc. | 0.71% | 28,340 | $1.6M | Reduce -1.7% |
| AGX Argan Inc. | 0.70% | 11,830 | $1.6M | Reduce -2.3% |
| JNJ Johnson & Johnson | 0.70% | 11,148 | $1.6M | Reduce -6.8% |
| JXN Jackson Financial Inc. Class A | 0.69% | 18,235 | $1.6M | No change |
| FBMS First Bancshares Inc. | 0.65% | 42,976 | $1.5M | Reduce -0.4% |
| CZWI Citizens Community Bancorp I | 0.65% | 91,347 | $1.5M | Reduce -0.2% |
| FMCC Freddie Mac filed as FEDERAL HOME LN MTG CORP | 0.62% | 437,406 | $1.4M | Reduce -1.5% |
| DKL Delek Logistics Partners LP | 0.61% | 33,470 | $1.4M | Reduce -2.2% |
| KMI Kinder Morgan Inc. | 0.60% | 50,658 | $1.4M | Reduce -0.9% |
| HWBK Hawthorn Bancshares Inc. | 0.59% | 47,764 | $1.4M | No change |
| NTGR Netgear Inc. | 0.58% | 47,958 | $1.3M | Reduce -2.8% |
| YELP Yelp Inc. | 0.57% | 33,951 | $1.3M | Reduce -1.7% |
| LZB La-Z-Boy Inc. | 0.55% | 28,899 | $1.3M | No change |
| CIVB Civista Bancshares Inc. | 0.54% | 59,030 | $1.2M | No change |
| ARCB Arcbest Corp. | 0.54% | 13,298 | $1.2M | Reduce -1.7% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.54% | 22,325 | $1.2M | New |
| ONB Old National Bancorp | 0.54% | 56,751 | $1.2M | No change |
| TALO Talos Energy Inc. | 0.51% | 120,885 | $1.2M | Reduce -0.4% |
| PEBO Peoples Bancorp Inc. | 0.51% | 36,975 | $1.2M | Reduce -0.3% |
| KE Kimball Electronics Inc. | 0.50% | 61,642 | $1.2M | Reduce -1.8% |
| ESSA Essa Bancorp Inc. | 0.50% | 58,656 | $1.1M | No change |
| ORRF Orrstown Finl Services Inc. | 0.50% | 31,230 | $1.1M | Reduce -0.4% |
| FCCO First Community Corp. | 0.49% | 46,850 | $1.1M | No change |
| MMM 3M Co. | 0.48% | 8,621 | $1.1M | Reduce -5.7% |
| Palantir Technologies | 0.48% | 14,625 | $1.1M | Add +3.0% |
| CC The Chemours Co. | 0.48% | 64,750 | $1.1M | New |
| PEBK Peoples Bancorp of NC | 0.47% | 34,889 | $1.1M | No change |
| WMT Walmart Inc. | 0.47% | 12,041 | $1.1M | Reduce -7.1% |
| MRK Merck & Co. Inc. | 0.45% | 10,488 | $1.0M | Reduce -9.0% |
| TBCH Turtle Beach Corp. | 0.45% | 59,981 | $1.0M | No change |
| PKBK Parke Bancorp Inc. | 0.45% | 49,941 | $1.0M | Reduce -0.5% |
| CLF Cleveland-Cliffs Inc. | 0.43% | 104,420 | $982K | Add +6.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.41% | 8,555 | $953K | Reduce -7.5% |
| ALRS Alerus Financial Corp. | 0.41% | 48,999 | $943K | New |
| OCFC Oceanfirst Financial Corp. | 0.40% | 51,240 | $927K | Reduce -0.4% |
| WLKP Westlake Chemical Partners L | 0.40% | 39,317 | $910K | Reduce -2.4% |
| PFBX Peoples Financial Corp. | 0.39% | 48,476 | $902K | No change |
| EGY Vaalco Energy Inc. | 0.39% | 205,117 | $896K | No change |
| UIS Unisys Corp. | 0.38% | 138,874 | $879K | Reduce -4.2% |
| MESA AIR GROUP INC | 0.38% | 757,125 | $878K | Add +10.8% |
| HOPE Hope Bancorp Inc. | 0.38% | 70,780 | $870K | Reduce -0.2% |
| CUBI Customers Bancorp Inc. | 0.37% | 17,405 | $847K | Reduce -0.3% |
| XPRO Expro Group Holdings NV | 0.36% | 67,279 | $839K | Reduce -2.2% |
| PAMT Pamt Corp. | 0.36% | 50,563 | $828K | Reduce -0.6% |
| EB Eventbrite Inc. Class A | 0.36% | 243,598 | $818K | Reduce -0.9% |
| HTZ Hertz Global Hldgs Inc. | 0.35% | 222,076 | $813K | Reduce -0.9% |
| FLG Flagstar Bank NA | 0.35% | 86,860 | $810K | New |
| FRST Primis Financial Corp. | 0.35% | 68,216 | $795K | Reduce -0.3% |
| LGIH Lgi Homes Inc. | 0.33% | 8,571 | $766K | Reduce -2.8% |
| CSCO Cisco Systems Inc. | 0.33% | 12,713 | $753K | Reduce -6.9% |
| ZION Zions Bancorp NA | 0.31% | 13,244 | $718K | No change |
| UBOH United Bancshares Inc. | 0.31% | 22,802 | $707K | No change |
Other holdings (36): bonds, preferreds, convertibles and warrants · $35.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 2,715,000 | $2.5M | Reduce -0.7% |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 2,530,000 | $2.4M | New |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 49,592 | $2.0M | Add +4.5% |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 1,715,000 | $1.9M | Reduce -0.6% |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 1,635,000 | $1.9M | Reduce -0.9% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 1,765,000 | $1.8M | Reduce -1.6% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | NOTE 2.250% 6/1 · principal | 1,805,000 | $1.8M | No change |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 1,750,000 | $1.7M | New |
| FREDDIE MAC (FMCC 6.55 PERP Y) | PREF STK | 179,580 | $1.7M | No change |
| AMG CAPITAL TRUST II (AMG 5.15 10/15/37) | CONV PRF | 29,060 | $1.6M | No change |
| FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) | NOTE 5.500% 2/0 · principal | 1,497,000 | $1.5M | Reduce -4.4% |
| EVENTBRITE INC (EB 5 12/01/25) | NOTE 5.000%12/0 · principal | 1,485,000 | $1.5M | Reduce -2.3% |
| BANC OF CALIFORNIA INC (BANC V7.75 PERP F) | NON 13F SECURITY | 54,734 | $1.3M | Add +0.5% |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | 1,301,000 | $1.3M | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,031 | $1.3M | No change |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 1,220,000 | $1.2M | No change |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 750,000 | $1.2M | No change |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 1,207,000 | $1.1M | Reduce -1.6% |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | 997,000 | $986K | Reduce -5.1% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 750,000 | $930K | No change |
| COUPA SOFTWARE INC (COUP 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 500,000 | $487K | No change |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 500,000 | $485K | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 500,000 | $478K | No change |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 500,000 | $469K | No change |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 500,000 | $464K | No change |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 500,000 | $443K | No change |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 100,775 | $217K | No change |
| FANNIE MAE (FNMA V8.25 PERP S) | Preferred Stock | 6,000 | $72K | No change |
| UNTCW Unit Corp.-CW27 | WARRANT | 142,869 | $70K | Add +3.7% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 50,000 | $59K | No change |
| JACKSON FINANCIAL INC (JXN V8 PERP) | PFD | 2,200 | $58K | Reduce -26.7% |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 286 | $25K | New |
| FORUM ENERGY TECHNOLOGIE (FET 9 08/04/25) | NOTE 9.000% 8/0 · principal | 19,250 | $19K | Reduce -98.7% |
| Chesapeake Energy Corp. - Future Pmt | CONV BOND · principal | 2,553,000 | $8K | New |
| MCDBF McDermott Inter TR B -CW27 | WARRANT | 72,441 | $724 | No change |
| MCDTF McDermott Inter TR A -CW27 | WARRANT | 65,197 | $652 | No change |
Total filed on the 13F, all lines: $264.9M.
Portfolio Sells Q3 2024 → Q4 2024
| QCRH QCR Holdings Inc. | Reduce -97.1% | 0.08% | −2.42 |
| NAVIOS MARITIME PARTNERS L P | Reduce -0.8% | 1.24% | −0.60 |
| UNH Unitedhealth Group Inc. | Reduce -6.0% | 1.97% | −0.50 |
| HMNF HMN Financial Inc. | Sold out | 0.00% | −0.48 |
| AMGN Amgen Inc. | Reduce -2.5% | 1.47% | −0.43 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.32 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -3.5% | 4.77% | −0.24 |
| DOW Dow Inc. | Reduce -81.4% | 0.04% | −0.24 |
| CAT Caterpillar Inc. | Reduce -5.5% | 1.41% | −0.23 |
| FLG New York Community Bancorp | Sold out | 0.00% | −0.21 |
| MSFT Microsoft Corp. | Reduce -5.1% | 2.10% | −0.20 |
| HD Home Depot Inc. | Reduce -5.7% | 1.59% | −0.20 |
| XIFR XPLR Infrastructure LP | Reduce -6.5% | 0.29% | −0.20 |
| MCD McDonald's Corp. | Reduce -6.7% | 1.20% | −0.18 |
| XPRO Expro Group Holdings NV | Reduce -2.2% | 0.36% | −0.16 |
| JNJ Johnson & Johnson | Reduce -6.8% | 0.70% | −0.16 |
| GE General Electric Company | Sold out | 0.00% | −0.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.14 |
| LGIH Lgi Homes Inc. | Reduce -2.8% | 0.33% | −0.13 |
| MRK Merck & Co. Inc. | Reduce -9.0% | 0.45% | −0.13 |
| ARCB Arcbest Corp. | Reduce -1.7% | 0.54% | −0.11 |
| PG The Procter & Gamble Co. | Reduce -7.7% | 0.77% | −0.11 |
| SSUP Superior Industries Intl | Reduce -0.8% | 0.20% | −0.11 |
| INTC Intel Corp. | Reduce -63.1% | 0.05% | −0.10 |
| IBM Intl Business Machines Corp. | Reduce -5.9% | 0.96% | −0.09 |
| HGTXU Hugoton Royalty Trust | Sold out | 0.00% | −0.08 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.08 |
| NKE Nike Inc. Class B | Reduce -5.6% | 0.28% | −0.07 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.07 |
| MMM 3M Co. | Reduce -5.7% | 0.48% | −0.07 |
| ENLC Enlink Midstream LLC | Reduce -2.4% | 0.95% | −0.07 |
| VZ Verizon Communications Inc. | Reduce -12.1% | 0.20% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -14.4% | 0.20% | −0.06 |
| PAMT Pamt Corp. | Reduce -0.6% | 0.36% | −0.06 |
| KO The Coca-Cola Co. | Reduce -1.8% | 0.28% | −0.06 |
| BG Bunge Ltd. | Reduce -0.5% | 0.20% | −0.06 |
| CVX Chevron Corp. | Reduce -2.7% | 0.82% | −0.05 |
| AM Antero Midstream Corp. | Reduce -1.1% | 1.87% | −0.05 |
| WES Western Gas Equity Partners | Reduce -3.1% | 1.11% | −0.05 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.05 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.05 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.05 |
| DKL Delek Logistics Partners LP | Reduce -2.2% | 0.61% | −0.05 |
| TALO Talos Energy Inc. | Reduce -0.4% | 0.51% | −0.05 |
| TRV The Travelers Cos Inc. | Reduce -5.6% | 0.91% | −0.05 |
| RSG Republic Services Inc. | Sold out | 0.00% | −0.04 |
| ASO Academy Sports & Outdoors Inc. | Reduce -1.7% | 0.71% | −0.04 |
| ORCL Oracle Corp. | Reduce -9.4% | 0.22% | −0.03 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.03 |
| FRST Primis Financial Corp. | Reduce -0.3% | 0.35% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | Add +10262.1% | 1.68% | +1.66 |
| SHW The Sherwin-Williams Co. | New | 1.16% | +1.16 |
| AAPL Apple Inc. | Add +36.2% | 2.27% | +0.68 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.54% | +0.54 |
| CC The Chemours Co. | New | 0.48% | +0.48 |
| ALRS Alerus Financial Corp. | New | 0.41% | +0.41 |
| FLG Flagstar Bank NA | New | 0.35% | +0.35 |
| NFE New Fortress Energy Inc. | Add +3.7% | 0.72% | +0.29 |
| Palantir Technologies | Add +3.0% | 0.48% | +0.25 |
| Nextera Energy | New | 0.23% | +0.23 |
| BANC Banc of California Inc. | Add +80.7% | 0.30% | +0.14 |
| CHX Championx Corp. | New | 0.12% | +0.12 |
| FNMA Fannie Mae | Add +9.7% | 0.16% | +0.11 |
| GEV GE Vernova Inc. | New | 0.06% | +0.06 |
| ICVT iShares Convertible Bond ETF | New | 0.06% | +0.06 |
| CTRA Coterra Energy Inc. | New | 0.05% | +0.05 |
| BHF Brighthouse Financial Inc. | Add +0.4% | 0.97% | +0.05 |
| JETS US Global Jets ETF | New | 0.03% | +0.03 |
| CEG Constellation Energy Group | New | 0.02% | +0.02 |
| GEHC GE Healthcare Technology | New | 0.02% | +0.02 |
| BFH Bread Financial Holdings Inc. | New | 0.02% | +0.02 |
| EXE Expand Energy Corp. | New | 0.02% | +0.02 |
| OKTA Okta Inc. | New | 0.02% | +0.02 |
| MESA AIR GROUP INC | Add +10.8% | 0.38% | +0.02 |
| RTX RTX Corp. | New | 0.01% | +0.01 |
| MTH Meritage Homes Corp. | New | 0.01% | +0.01 |
| FICO Fair Isaac Corp. | New | 0.01% | +0.01 |
| CVGI Commercial Vehicle Group Inc. | New | 0.01% | +0.01 |
| GSL Global Ship Lease Inc. Class A | Add +88.8% | 0.03% | +0.01 |
| TEEKAY CORPORATION | Add +100.0% | 0.03% | +0.01 |
| TNK Teekay Tankers Ltd. Class A | Add +100.0% | 0.03% | +0.01 |
| IPG Interpublic Group of Cos Inc. | New | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.8% | 0.04% | +0.01 |
| IRDM Iridium Communications Inc. | Add +45.4% | 0.02% | +0.01 |
| PSMT Pricesmart Inc. | New | 0.00% | +0.00 |
| M Macy's Inc. | Add +2.9% | 0.03% | +0.00 |
| SSRM SSR Mining Inc. | New | 0.00% | +0.00 |
| PAGP Plains GP Holdings LP | Add +7.1% | 0.04% | +0.00 |
| F Ford Motor Co. | Add +0.1% | 0.03% | −0.00 |
| GNK Genco Shipping & Trading Ltd. | Add +3.3% | 0.02% | −0.01 |
| NOBL Proshares S&P 500 Dividend A | Add +0.0% | 0.11% | −0.01 |
| McDermott International | Add +5.6% | 0.02% | −0.02 |
| NMIH Nmi Holdings Inc. | Add +5.7% | 1.02% | −0.08 |
| CLF Cleveland-Cliffs Inc. | Add +6.3% | 0.43% | −0.13 |
| GEL Genesis Energy L.P. | Add +2.4% | 1.03% | −0.33 |
| Homestreet Inc | Add +2.6% | 1.12% | −0.42 |
Notes & Other Activity Q3 2024 → Q4 2024
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | Reduce -0.7% | 2,715,000 | $2.5M |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | New | 2,530,000 | $2.4M |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Add +4.5% | 49,592 | $2.0M |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | Reduce -0.6% | 1,715,000 | $1.9M |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | Reduce -0.9% | 1,635,000 | $1.9M |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | Reduce -1.6% | 1,765,000 | $1.8M |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | New | 1,750,000 | $1.7M |
| FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) | NOTE 5.500% 2/0 · principal | Reduce -4.4% | 1,497,000 | $1.5M |
| EVENTBRITE INC (EB 5 12/01/25) | NOTE 5.000%12/0 · principal | Reduce -2.3% | 1,485,000 | $1.5M |
| BANC OF CALIFORNIA INC (BANC V7.75 PERP F) | NON 13F SECURITY | Add +0.5% | 54,734 | $1.3M |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | Reduce -1.6% | 1,207,000 | $1.1M |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | Reduce -5.1% | 997,000 | $986K |
| UNTCW Unit Corp.-CW27 | WARRANT | Add +3.7% | 142,869 | $70K |
| JACKSON FINANCIAL INC (JXN V8 PERP) | PFD | Reduce -26.7% | 2,200 | $58K |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | New | 286 | $25K |
| FORUM ENERGY TECHNOLOGIE (FET 9 08/04/25) | NOTE 9.000% 8/0 · principal | Reduce -98.7% | 19,250 | $19K |
| Chesapeake Energy Corp. - Future Pmt | CONV BOND · principal | New | 2,553,000 | $8K |
| PACWEST BANCORP (PACW V7.75 PERP A) | PREF STK | Sold out | 250 | $6Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 219 | $303.7M | DIA, CAT, GS, TRGP, WMB |
| Q1 2026 | 210 | $280.5M | DIA, GS, CAT, AM, WMB |
| Q4 2025 | 223 | $263.5M | DIA, GS, FMCC, CAT, AAPL |
| Q3 2025 | 221 | $254.7M | DIA, GS, FMCC, MSFT, AM |
| Q2 2025 | 199 | $240.0M | DIA, GS, MSFT, AM, WMB |
| Q1 2025 | 204 | $226.6M | DIA, OKE, AM, WMB, KNTK |
| Q4 2024 | 202 | $230.0M | DIA, TRGP, OKE, KNTK, AAPL |
| Q3 2024 | 204 | $225.6M | DIA, QCRH, UNH, TRGP, OKE |
| Q2 2024 | 202 | $214.0M | DIA, MSFT, TRGP, UNH, OKE |
| Q1 2024 | 214 | $242.1M | DIA, MSFT, QCRH, OKE, UNH |