Pinnacle Holdings, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Pinnacle Holdings, LLC reported 199 stock positions worth $240.0 million. Its top holding was SS SPDR Dow Jones Indus Avg (DIA) at 4.7% of the portfolio, followed by Goldman Sachs (GS, 2.7%) and Microsoft (MSFT, 2.3%). Compared with Q1 2025, it opened 23 new positions, sold out of 28, added to 82 and reduced 26. The biggest buy was Freddie Mac (FMCC, shares +29%) and the biggest sale an exit from First Bancshares (FBMS).
- Most Recent 13F
- Q2 2026
- Location
- TULSA, OK
- CIK
- 0001411784
- Portfolio Value
- $240.0M (Q2 2025)
- SEC Filing
- 0001411784-25-000006 ↗ filed Aug 7, 2025
Holdings Value
Holdings 199 stocks · $240.0M
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 4.69% | 25,565 | $11.3M | Add +3.8% |
| GS Goldman Sachs Group Inc. | 2.70% | 9,152 | $6.5M | Add +9.7% |
| MSFT Microsoft Corp. | 2.27% | 10,962 | $5.5M | Add +1.2% |
| AM Antero Midstream Corp. | 2.22% | 281,471 | $5.3M | Reduce -0.4% |
| WMB Williams Cos Inc. | 2.10% | 80,154 | $5.0M | Reduce -1.7% |
| OKE Oneok Inc. | 1.96% | 57,778 | $4.7M | Add +1.1% |
| FMCC Freddie Mac filed as FEDERAL HOME LN MTG CORP | 1.96% | 571,192 | $4.7M | Add +29.4% |
| MPLX MPLX LP | 1.75% | 81,346 | $4.2M | Add +1.0% |
| GEL Genesis Energy L.P. | 1.72% | 239,195 | $4.1M | Add +1.1% |
| AAPL Apple Inc. | 1.70% | 19,845 | $4.1M | Add +10.3% |
| KNTK Kinetik Holdings Inc. | 1.67% | 91,257 | $4.0M | Add +2.5% |
| TRGP Targa Resources Corp. | 1.65% | 22,781 | $4.0M | Reduce -0.2% |
| AMGN Amgen Inc. | 1.55% | 13,331 | $3.7M | Add +6.1% |
| CAT Caterpillar Inc. | 1.50% | 9,288 | $3.6M | Add +8.8% |
| HD Home Depot Inc. | 1.49% | 9,742 | $3.6M | Add +8.4% |
| ARLP Alliance Resource Partners | 1.40% | 128,955 | $3.4M | Add +0.6% |
| JPM JPMorgan Chase & Co. | 1.40% | 11,626 | $3.4M | Add +5.5% |
| ET Energy Transfer LP | 1.39% | 184,346 | $3.3M | Add +1.5% |
| HESM Hess Midstream LP Class A | 1.38% | 86,017 | $3.3M | Add +2.4% |
| V Visa Inc. Class A | 1.32% | 8,922 | $3.2M | Add +8.6% |
| PAGP Plains GP Holdings LP | 1.30% | 160,120 | $3.1M | Add +2.0% |
| Homestreet Inc | 1.26% | 231,109 | $3.0M | Add +0.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.25% | 10,199 | $3.0M | Add +6.3% |
| SHW The Sherwin-Williams Co. | 1.25% | 8,749 | $3.0M | Add +8.5% |
| SBFG SB Financial Group Inc. filed as SB FINL GROUP INC | 1.25% | 156,909 | $3.0M | Add +0.0% |
| UNH Unitedhealth Group Inc. | 1.21% | 9,279 | $2.9M | Add +8.9% |
| MCD McDonald's Corp. | 1.20% | 9,818 | $2.9M | Add +7.8% |
| AXP American Express Co. | 1.18% | 8,893 | $2.8M | Add +9.3% |
| EPD Enterprise Products Partners | 1.16% | 89,523 | $2.8M | Add +2.4% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 1.13% | 64,322 | $2.7M | Add +0.7% |
| WES Western Gas Equity Partners | 1.08% | 67,201 | $2.6M | Add +1.0% |
| AGX Argan Inc. | 1.08% | 11,781 | $2.6M | Add +0.4% |
| BHRB Burke & Herbert Financial SE | 1.08% | 43,349 | $2.6M | Add +0.0% |
| BHF Brighthouse Financial Inc. | 1.05% | 46,915 | $2.5M | Add +2.2% |
| NAVIOS MARITIME PARTNERS L P | 1.04% | 66,472 | $2.5M | Add +0.6% |
| C Citigroup Inc. | 1.03% | 28,932 | $2.5M | Reduce -0.1% |
| TRV The Travelers Cos Inc. | 1.01% | 9,079 | $2.4M | Add +9.2% |
| NVDA Nvidia Corp. | 1.01% | 15,299 | $2.4M | Reduce -45.0% |
| CRM Salesforce Inc. | 0.98% | 8,615 | $2.3M | Add +10.3% |
| AMZN Amazon.com Inc. | 0.97% | 10,640 | $2.3M | Add +4.4% |
| Palantir Technologies | 0.94% | 16,598 | $2.3M | Add +7.4% |
| HON Honeywell International Inc. | 0.93% | 9,558 | $2.2M | Add +7.3% |
| ETC SUNOCO HOLDINGS LLC filed as SUNOCO INC | 0.93% | 41,450 | $2.2M | No change |
| MOFG Midwestone Financial Group I | 0.92% | 76,828 | $2.2M | Add +0.3% |
| BA The Boeing Co. | 0.84% | 9,659 | $2.0M | Add +8.6% |
| CVX Chevron Corp. | 0.79% | 13,173 | $1.9M | Add +4.8% |
| FUNC First United Corp. | 0.76% | 58,976 | $1.8M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.76% | 38,448 | $1.8M | Reduce -0.1% |
| CBRL Cracker Barrel Old Country | 0.71% | 28,094 | $1.7M | Add +0.3% |
| JNJ Johnson & Johnson | 0.71% | 11,160 | $1.7M | Add +3.9% |
| PG The Procter & Gamble Co. | 0.71% | 10,649 | $1.7M | Add +4.7% |
| JXN Jackson Financial Inc. Class A | 0.67% | 18,235 | $1.6M | No change |
| PUBM Pubmatic Inc. Class A | 0.67% | 128,825 | $1.6M | Add +13.3% |
| HTZ Hertz Global Hldgs Inc. | 0.66% | 230,971 | $1.6M | Add +0.9% |
| RNST Renasant Corp. | 0.64% | 42,976 | $1.5M | New |
| KMI Kinder Morgan Inc. | 0.62% | 50,379 | $1.5M | Reduce -0.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.60% | 22,875 | $1.4M | New |
| DKL Delek Logistics Partners LP | 0.60% | 33,350 | $1.4M | Reduce -0.4% |
| NTGR Netgear Inc. | 0.58% | 48,031 | $1.4M | Add +1.0% |
| HWBK Hawthorn Bancshares Inc. | 0.58% | 47,764 | $1.4M | No change |
| CIVB Civista Bancshares Inc. | 0.57% | 59,030 | $1.4M | No change |
| MMM 3M Co. | 0.57% | 8,989 | $1.4M | Add +9.1% |
| ASO Academy Sports & Outdoors Inc. | 0.55% | 29,414 | $1.3M | Add +4.9% |
| KE Kimball Electronics Inc. | 0.54% | 67,546 | $1.3M | Add +2.1% |
| CZWI Citizens Community Bancorp I | 0.53% | 91,347 | $1.3M | No change |
| LZB La-Z-Boy Inc. | 0.51% | 33,176 | $1.2M | Add +15.8% |
| YELP Yelp Inc. | 0.51% | 35,425 | $1.2M | Add +2.2% |
| ONB Old National Bancorp | 0.50% | 56,751 | $1.2M | No change |
| WMT Walmart Inc. | 0.50% | 12,173 | $1.2M | Add +4.5% |
| MESA AIR GROUP INC | 0.48% | 1,235,258 | $1.1M | Add +50.5% |
| FCCO First Community Corp. | 0.47% | 46,702 | $1.1M | Reduce -0.3% |
| ESSA Essa Bancorp Inc. | 0.47% | 58,656 | $1.1M | No change |
| PEBO Peoples Bancorp Inc. | 0.47% | 36,977 | $1.1M | Add +0.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 8,954 | $1.1M | Add +9.8% |
| ARCB Arcbest Corp. | 0.45% | 14,141 | $1.1M | Add +2.9% |
| FNMA Fannie Mae | 0.45% | 113,388 | $1.1M | No change |
| TALO Talos Energy Inc. | 0.44% | 125,895 | $1.1M | Add +1.2% |
| ALRS Alerus Financial Corp. | 0.44% | 48,999 | $1.1M | No change |
| JBLU Jetblue Airways Corp. | 0.43% | 242,466 | $1.0M | Add +2.0% |
| CUBI Customers Bancorp Inc. | 0.43% | 17,405 | $1.0M | No change |
| PKBK Parke Bancorp Inc. | 0.42% | 49,941 | $1.0M | No change |
| PEBK Peoples Bancorp of NC | 0.42% | 34,889 | $1.0M | No change |
| ORRF Orrstown Finl Services Inc. | 0.41% | 31,230 | $994K | No change |
| PFBX Peoples Financial Corp. | 0.40% | 48,476 | $970K | No change |
| FLG Flagstar Bank NA | 0.39% | 88,245 | $935K | No change |
| OCFC Oceanfirst Financial Corp. | 0.38% | 51,240 | $902K | No change |
| TBCH Turtle Beach Corp. | 0.38% | 65,155 | $901K | Add +10.0% |
| WLKP Westlake Chemical Partners L | 0.36% | 39,167 | $865K | Reduce -0.4% |
| CC The Chemours Co. | 0.36% | 74,995 | $859K | Add +6.0% |
| CLF Cleveland-Cliffs Inc. | 0.35% | 109,728 | $834K | Add +3.7% |
| MRK Merck & Co. Inc. | 0.35% | 10,534 | $834K | Add +6.4% |
| BANC Banc of California Inc. | 0.34% | 58,912 | $828K | No change |
| CSCO Cisco Systems Inc. | 0.33% | 11,548 | $801K | Reduce -1.3% |
| HOPE Hope Bancorp Inc. | 0.32% | 70,780 | $759K | No change |
| FRST Primis Financial Corp. | 0.31% | 68,216 | $740K | No change |
| EGY Vaalco Energy Inc. | 0.31% | 204,967 | $740K | Reduce -0.1% |
| DB Deutsche Bank AG-Registered | 0.30% | 24,900 | $729K | No change |
| PAMT Pamt Corp. | 0.30% | 56,275 | $724K | Add +4.2% |
| FUSB First US Bancshares Inc. | 0.30% | 55,806 | $720K | No change |
| EB Eventbrite Inc. Class A | 0.30% | 270,958 | $713K | Add +12.4% |
Other holdings (30): bonds, preferreds, convertibles and warrants · $34.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 2,905,000 | $2.7M | No change |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 2,530,000 | $2.6M | No change |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 2,710,000 | $2.6M | No change |
| FREDDIE MAC (FMCC 6.55 PERP Y) | PREF STK | 179,580 | $2.1M | No change |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 50,492 | $1.9M | Add +0.6% |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 1,705,000 | $1.9M | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 1,760,000 | $1.9M | No change |
| FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) | NOTE 5.500% 2/0 · principal | 1,507,000 | $1.9M | Add +1.3% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 1,745,000 | $1.8M | No change |
| AMG CAPITAL TRUST II (AMG 5.15 10/15/37) | CONV PRF | 29,870 | $1.6M | Reduce -2.3% |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | 1,755,000 | $1.6M | New |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 750,000 | $1.5M | No change |
| EVENTBRITE INC (EB 5 12/01/25) | NOTE 5.000%12/0 · principal | 1,500,000 | $1.5M | Add +1.4% |
| BANC OF CALIFORNIA INC (BANC V7.75 PERP F) | NON 13F SECURITY | 54,484 | $1.3M | Reduce -0.5% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,016 | $1.2M | Reduce -0.6% |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 1,227,000 | $1.2M | Add +1.7% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 1,400,000 | $1.2M | No change |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 1,215,000 | $1.2M | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 500,000 | $592K | No change |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 500,000 | $479K | No change |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 500,000 | $477K | No change |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 500,000 | $455K | No change |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 110,775 | $404K | No change |
| COUPA SOFTWARE INC (COUP 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 500,000 | $400K | No change |
| FANNIE MAE (FNMA V8.25 PERP S) | Preferred Stock | 6,000 | $90K | No change |
| UNTCW Unit Corp.-CW27 | WARRANT | 142,869 | $68K | No change |
| JACKSON FINANCIAL INC (JXN V8 PERP) | PFD | 2,200 | $56K | No change |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 50,000 | $50K | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 287 | $31K | No change |
| PACWEST BANCORP (PACW V7.75 PERP A) | PREF STK | 250 | $6K | New |
Total filed on the 13F, all lines: $274.9M.
Portfolio Sells Q1 2025 → Q2 2025
| FBMS First Bancshares Inc. | Sold out | 0.00% | −0.64 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.43 |
| TRGP Targa Resources Corp. | Reduce -0.2% | 1.65% | −0.35 |
| NVDA Nvidia Corp. | Reduce -45.0% | 1.01% | −0.32 |
| SSUP Superior Industries Intl | Sold out | 0.00% | −0.24 |
| Nextera Energy | Sold out | 0.00% | −0.23 |
| WMB Williams Cos Inc. | Reduce -1.7% | 2.10% | −0.05 |
| DKL Delek Logistics Partners LP | Reduce -0.4% | 0.60% | −0.04 |
| WLKP Westlake Chemical Partners L | Reduce -0.4% | 0.36% | −0.04 |
| EGY Vaalco Energy Inc. | Reduce -0.1% | 0.31% | −0.03 |
| F Ford Motor Co. | Sold out | 0.00% | −0.03 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -5.0% | 0.27% | −0.03 |
| USB US Bancorp | Sold out | 0.00% | −0.02 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.02 |
| AM Antero Midstream Corp. | Reduce -0.4% | 2.22% | −0.02 |
| KMI Kinder Morgan Inc. | Reduce -0.2% | 0.62% | −0.02 |
| BANF Bancfirst Corp. | Sold out | 0.00% | −0.02 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.02 |
| UBOH United Bancshares Inc. | Reduce -2.2% | 0.26% | −0.02 |
| PDM Piedmont Realty Trust Inc. | Sold out | 0.00% | −0.02 |
| ENFR Alerian Energy Infrastructur | Sold out | 0.00% | −0.01 |
| BFH Bread Financial Holdings Inc. | Sold out | 0.00% | −0.01 |
| BDN Brandywine Realty Trust | Sold out | 0.00% | −0.01 |
| BCS Barclays PLC-Spons ADR | Sold out | 0.00% | −0.01 |
| IRDM Iridium Communications Inc. | Sold out | 0.00% | −0.01 |
| RYAM Rayonier Advanced Materials | Sold out | 0.00% | −0.01 |
| TIP iShares Tips Bond ETF | Reduce -5.2% | 0.09% | −0.01 |
| DAC Danaos Corp. | Reduce -36.2% | 0.02% | −0.01 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.01 |
| VET Vermilion Energy Inc. | Sold out | 0.00% | −0.01 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.01 |
| ZIM Zim Integrated Shipping Serv | Sold out | 0.00% | −0.01 |
| DVN Devon Energy Corp. | Reduce -1.0% | 0.04% | −0.01 |
| TGLS Tecnoglass Holdings Inc. | Sold out | 0.00% | −0.01 |
| CMRE Costamare Inc. | Reduce -65.9% | 0.00% | −0.01 |
| EZPW Ezcorp Inc. Class A | Sold out | 0.00% | −0.01 |
| MTH Meritage Homes Corp. | Sold out | 0.00% | −0.01 |
| BBT Beacon Financial Corp. | Sold out | 0.00% | −0.01 |
| Cenovus Energy Inc | Sold out | 0.00% | −0.01 |
| GSL Global Ship Lease Inc. Class A | Reduce -23.8% | 0.03% | −0.01 |
| GEHC GE Healthcare Technology | Reduce -10.3% | 0.02% | −0.00 |
| AER Aercap Holdings NV | Reduce -32.9% | 0.01% | −0.00 |
| NSLR Neostellar Capital Corp. | Sold out | 0.00% | −0.00 |
| BG Bunge Ltd. | Reduce -0.6% | 0.19% | −0.00 |
| EAF Graftech International Ltd. | Sold out | 0.00% | −0.00 |
| UBER Uber Technologies Inc. | Reduce -20.7% | 0.02% | −0.00 |
| OSG Octave Specialty Group Inc. | Sold out | 0.00% | −0.00 |
| FCCO First Community Corp. | Reduce -0.3% | 0.47% | +0.01 |
| GE General Electric Company | Reduce -10.7% | 0.16% | +0.01 |
| CSCO Cisco Systems Inc. | Reduce -1.3% | 0.33% | +0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| FMCC Freddie Mac | Add +29.4% | 1.96% | +0.92 |
| GS Goldman Sachs Group Inc. | Add +9.7% | 2.70% | +0.69 |
| RNST Renasant Corp. | New | 0.64% | +0.64 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.60% | +0.60 |
| MSFT Microsoft Corp. | Add +1.2% | 2.27% | +0.48 |
| AGX Argan Inc. | Add +0.4% | 1.08% | +0.40 |
| Palantir Technologies | Add +7.4% | 0.94% | +0.37 |
| CAT Caterpillar Inc. | Add +8.8% | 1.50% | +0.26 |
| HTZ Hertz Global Hldgs Inc. | Add +0.9% | 0.66% | +0.26 |
| CBRL Cracker Barrel Old Country | Add +0.3% | 0.71% | +0.24 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.23% | +0.23 |
| AXP American Express Co. | Add +9.3% | 1.18% | +0.22 |
| JPM JPMorgan Chase & Co. | Add +5.5% | 1.40% | +0.21 |
| PUBM Pubmatic Inc. Class A | Add +13.3% | 0.67% | +0.21 |
| IBM Intl Business Machines Corp. | Add +6.3% | 1.25% | +0.20 |
| MESA AIR GROUP INC | Add +50.5% | 0.48% | +0.20 |
| BA The Boeing Co. | Add +8.6% | 0.84% | +0.17 |
| FNWB First Northwest Bancorp | New | 0.15% | +0.15 |
| DIA SS SPDR Dow Jones Indus Avg | Add +3.8% | 4.69% | +0.13 |
| AMZN Amazon.com Inc. | Add +4.4% | 0.97% | +0.12 |
| NMIH Nmi Holdings Inc. | Add +0.7% | 1.13% | +0.11 |
| DIS The Walt Disney Co. | Add +9.8% | 0.46% | +0.11 |
| CVBF CVB Financial Corp. | Add +153.8% | 0.16% | +0.10 |
| HON Honeywell International Inc. | Add +7.3% | 0.93% | +0.10 |
| MA Mastercard Inc. Class A | New | 0.09% | +0.09 |
| NOBL Proshares S&P 500 Dividend A | Add +56.0% | 0.27% | +0.08 |
| GEL Genesis Energy L.P. | Add +1.1% | 1.72% | +0.08 |
| EB Eventbrite Inc. Class A | Add +12.4% | 0.30% | +0.07 |
| Homestreet Inc | Add +0.8% | 1.26% | +0.07 |
| NTGR Netgear Inc. | Add +1.0% | 0.58% | +0.07 |
| KE Kimball Electronics Inc. | Add +2.1% | 0.54% | +0.06 |
| CRM Salesforce Inc. | Add +10.3% | 0.98% | +0.05 |
| CTRA Coterra Energy Inc. | New | 0.05% | +0.05 |
| V Visa Inc. Class A | Add +8.6% | 1.32% | +0.05 |
| WMT Walmart Inc. | Add +4.5% | 0.50% | +0.04 |
| TRV The Travelers Cos Inc. | Add +9.2% | 1.01% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +148.8% | 0.09% | +0.04 |
| NKE Nike Inc. Class B | Add +9.8% | 0.26% | +0.04 |
| MMM 3M Co. | Add +9.1% | 0.57% | +0.04 |
| T AT&T Inc. | New | 0.04% | +0.04 |
| HD Home Depot Inc. | Add +8.4% | 1.49% | +0.04 |
| BKNG Booking Holdings Inc. | New | 0.03% | +0.03 |
| RSG Republic Services Inc. | New | 0.03% | +0.03 |
| SCHG Schwab US Large-Cap Growth | New | 0.03% | +0.03 |
| ARCB Arcbest Corp. | Add +2.9% | 0.45% | +0.03 |
| DOW Dow Inc. | New | 0.02% | +0.02 |
| XLV SS Health Care Select Sector | New | 0.02% | +0.02 |
| LZB La-Z-Boy Inc. | Add +15.8% | 0.51% | +0.02 |
| UPS United Parcel Service Class B | New | 0.02% | +0.02 |
| UPWK Upwork Inc. | New | 0.02% | +0.02 |
Notes & Other Activity Q1 2025 → Q2 2025
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Add +0.6% | 50,492 | $1.9M |
| FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) | NOTE 5.500% 2/0 · principal | Add +1.3% | 1,507,000 | $1.9M |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | NOTE 2.250% 6/1 · principal | Sold out | 1,805,000 | $1.8Mbefore exit |
| AMG CAPITAL TRUST II (AMG 5.15 10/15/37) | CONV PRF | Reduce -2.3% | 29,870 | $1.6M |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | New | 1,755,000 | $1.6M |
| EVENTBRITE INC (EB 5 12/01/25) | NOTE 5.000%12/0 · principal | Add +1.4% | 1,500,000 | $1.5M |
| BANC OF CALIFORNIA INC (BANC V7.75 PERP F) | NON 13F SECURITY | Reduce -0.5% | 54,484 | $1.3M |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | Sold out | 1,246,000 | $1.2Mbefore exit |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -0.6% | 1,016 | $1.2M |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | Add +1.7% | 1,227,000 | $1.2M |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | Sold out | 1,012,000 | $1.0Mbefore exit |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Sold out | 750,000 | $839Kbefore exit |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | Sold out | 500,000 | $494Kbefore exit |
| PACWEST BANCORP (PACW V7.75 PERP A) | PREF STK | New | 250 | $6K |
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 |