Pinnacle Holdings, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Pinnacle Holdings, LLC reported 223 stock positions worth $263.5 million. Its top holding was SS SPDR Dow Jones Indus Avg (DIA) at 4.6% of the portfolio, followed by Goldman Sachs (GS, 3.0%) and Freddie Mac (FMCC, 2.1%). Compared with Q3 2025, it opened 25 new positions, sold out of 23, added to 54 and reduced 67. The biggest buy was a new position in Americold Realty Trust (COLD) and the biggest sale an exit from iShares MSCI Emr MRK Ex Chna (EMXC).
- Most Recent 13F
- Q2 2026
- Location
- TULSA, OK
- CIK
- 0001411784
- Portfolio Value
- $263.5M (Q4 2025)
- SEC Filing
- 0001411784-26-000002 ↗ filed Feb 12, 2026
Holdings Value
Holdings 223 stocks · $263.5M
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 4.62% | 25,340 | $12.2M | Reduce -1.2% |
| GS Goldman Sachs Group Inc. | 3.01% | 9,011 | $7.9M | Reduce -1.0% |
| FMCC Freddie Mac filed as FEDERAL HOME LN MTG CORP | 2.15% | 558,502 | $5.7M | Reduce -1.4% |
| CAT Caterpillar Inc. | 2.10% | 9,657 | $5.5M | Add +4.4% |
| AAPL Apple Inc. | 2.06% | 19,984 | $5.4M | Add +0.7% |
| MSFT Microsoft Corp. | 1.95% | 10,629 | $5.1M | Reduce -0.9% |
| AM Antero Midstream Corp. | 1.89% | 280,072 | $5.0M | Reduce -0.3% |
| WMB Williams Cos Inc. | 1.80% | 79,043 | $4.8M | Reduce -0.7% |
| AMGN Amgen Inc. | 1.64% | 13,190 | $4.3M | Reduce -0.7% |
| MPLX MPLX LP | 1.64% | 80,850 | $4.3M | Reduce -0.7% |
| OKE Oneok Inc. | 1.63% | 58,410 | $4.3M | Reduce -0.1% |
| TRGP Targa Resources Corp. | 1.58% | 22,554 | $4.2M | Reduce -0.9% |
| GEL Genesis Energy L.P. | 1.41% | 237,847 | $3.7M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 1.40% | 11,412 | $3.7M | Reduce -1.4% |
| SBFG SB Financial Group Inc. filed as SB FINL GROUP INC | 1.33% | 156,910 | $3.5M | Add +0.0% |
| HD Home Depot Inc. | 1.32% | 10,106 | $3.5M | Add +4.2% |
| NAVIOS MARITIME PARTNERS L P | 1.30% | 65,539 | $3.4M | Reduce -1.2% |
| KNTK Kinetik Holdings Inc. | 1.29% | 94,371 | $3.4M | Add +3.5% |
| C Citigroup Inc. | 1.29% | 29,032 | $3.4M | Add +0.3% |
| MCHB Mechanics Bancorp Class A | 1.28% | 230,329 | $3.4M | Reduce -0.0% |
| AXP American Express Co. | 1.23% | 8,752 | $3.2M | Reduce -1.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.20% | 10,653 | $3.2M | Add +5.0% |
| PAGP Plains GP Holdings LP | 1.19% | 164,095 | $3.1M | Add +2.5% |
| HESM Hess Midstream LP Class A | 1.17% | 89,625 | $3.1M | Add +0.6% |
| V Visa Inc. Class A | 1.17% | 8,765 | $3.1M | Reduce -1.2% |
| UNH Unitedhealth Group Inc. | 1.16% | 9,294 | $3.1M | Add +0.7% |
| ET Energy Transfer LP | 1.16% | 185,133 | $3.1M | Add +0.5% |
| ARLP Alliance Resource Partners | 1.14% | 129,423 | $3.0M | Add +0.5% |
| MCD McDonald's Corp. | 1.12% | 9,671 | $3.0M | Reduce -1.0% |
| MOFG Midwestone Financial Group I | 1.11% | 76,223 | $2.9M | Reduce -0.7% |
| Palantir Technologies | 1.09% | 16,213 | $2.9M | Reduce -1.8% |
| TRV The Travelers Cos Inc. | 1.09% | 9,888 | $2.9M | Add +9.5% |
| BHF Brighthouse Financial Inc. | 1.08% | 44,054 | $2.9M | Reduce -6.0% |
| EPD Enterprise Products Partners | 1.08% | 88,894 | $2.8M | Reduce -0.9% |
| NVDA Nvidia Corp. | 1.06% | 15,031 | $2.8M | Reduce -0.2% |
| SHW The Sherwin-Williams Co. | 1.05% | 8,553 | $2.8M | Reduce -1.8% |
| UNTC Unit Corp. | 1.04% | 89,040 | $2.7M | No change |
| BHRB Burke & Herbert Financial SE | 1.02% | 43,289 | $2.7M | No change |
| WES Western Gas Equity Partners | 1.00% | 66,896 | $2.6M | Reduce -0.8% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 0.99% | 64,116 | $2.6M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 0.97% | 11,071 | $2.6M | Add +4.5% |
| JNJ Johnson & Johnson | 0.89% | 11,310 | $2.3M | Add +0.9% |
| CRM Salesforce Inc. | 0.85% | 8,452 | $2.2M | Reduce -1.3% |
| FUNC First United Corp. | 0.84% | 58,976 | $2.2M | No change |
| Hovnanian | 0.82% | 105,000 | $2.2M | No change |
| ETC SUNOCO HOLDINGS LLC filed as SUNOCO INC | 0.82% | 41,051 | $2.2M | Reduce -1.0% |
| CVX Chevron Corp. | 0.81% | 13,973 | $2.1M | Add +6.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.80% | 38,548 | $2.1M | Add +0.3% |
| BA The Boeing Co. | 0.80% | 9,688 | $2.1M | Add +0.8% |
| RJET Republic Airways Holdings Inc. | 0.77% | 110,673 | $2.0M | Add +2.0% |
| JXN Jackson Financial Inc. Class A | 0.74% | 18,285 | $2.0M | Add +0.3% |
| HON Honeywell International Inc. | 0.71% | 9,617 | $1.9M | Add +1.1% |
| KE Kimball Electronics Inc. | 0.71% | 67,305 | $1.9M | Reduce -0.1% |
| HWBK Hawthorn Bancshares Inc. | 0.63% | 47,764 | $1.7M | No change |
| COLD Americold Realty Trust Inc. | 0.62% | 126,601 | $1.6M | New |
| CZWI Citizens Community Bancorp I | 0.62% | 91,347 | $1.6M | No change |
| MMM 3M Co. | 0.60% | 9,920 | $1.6M | Add +10.9% |
| RNST Renasant Corp. | 0.57% | 42,976 | $1.5M | No change |
| PG The Procter & Gamble Co. | 0.57% | 10,498 | $1.5M | Reduce -1.0% |
| DKL Delek Logistics Partners LP | 0.56% | 33,044 | $1.5M | Reduce -0.9% |
| ASO Academy Sports & Outdoors Inc. | 0.56% | 29,342 | $1.5M | Reduce -0.1% |
| CLF Cleveland-Cliffs Inc. | 0.55% | 109,547 | $1.5M | Reduce -0.1% |
| HELE Helen of Troy Ltd. | 0.55% | 67,986 | $1.4M | New |
| TALO Talos Energy Inc. | 0.53% | 125,639 | $1.4M | Reduce -0.1% |
| KMI Kinder Morgan Inc. | 0.52% | 50,159 | $1.4M | Reduce -0.0% |
| FCCO First Community Corp. | 0.52% | 46,302 | $1.4M | Reduce -0.9% |
| FLG Flagstar Bank NA | 0.52% | 108,245 | $1.4M | No change |
| WMT Walmart Inc. | 0.51% | 12,017 | $1.3M | Reduce -0.9% |
| CCNE CNB Financial Corp. | 0.50% | 50,124 | $1.3M | Reduce 0.0% |
| CIVB Civista Bancshares Inc. | 0.50% | 59,030 | $1.3M | No change |
| LZB La-Z-Boy Inc. | 0.49% | 34,660 | $1.3M | Add +0.5% |
| WHR Whirlpool Corp. | 0.49% | 17,816 | $1.3M | New |
| CUBI Customers Bancorp Inc. | 0.48% | 17,405 | $1.3M | No change |
| PUBM Pubmatic Inc. Class A | 0.48% | 142,904 | $1.3M | Add +2.9% |
| ONB Old National Bancorp | 0.48% | 56,751 | $1.3M | No change |
| PEBK Peoples Bancorp of NC | 0.48% | 34,889 | $1.3M | No change |
| PKBK Parke Bancorp Inc. | 0.47% | 49,941 | $1.3M | No change |
| HTZ Hertz Global Hldgs Inc. | 0.47% | 240,175 | $1.2M | Add +4.2% |
| FNMA Fannie Mae filed as FEDERAL NATL MTG ASSN | 0.46% | 113,388 | $1.2M | No change |
| NTGR Netgear Inc. | 0.44% | 47,766 | $1.2M | Reduce -0.3% |
| JBLU Jetblue Airways Corp. | 0.44% | 252,321 | $1.1M | Add +4.2% |
| MRK Merck & Co. Inc. | 0.43% | 10,783 | $1.1M | Add +2.8% |
| PEBO Peoples Bancorp Inc. | 0.42% | 36,977 | $1.1M | No change |
| ORRF Orrstown Finl Services Inc. | 0.42% | 31,230 | $1.1M | No change |
| ALRS Alerus Financial Corp. | 0.42% | 48,999 | $1.1M | No change |
| YELP Yelp Inc. | 0.42% | 36,229 | $1.1M | Add +1.1% |
| BANC Banc of California Inc. | 0.42% | 56,942 | $1.1M | No change |
| ARCB Arcbest Corp. | 0.40% | 14,145 | $1.0M | Add +0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.39% | 9,113 | $1.0M | Add +2.3% |
| EB Eventbrite Inc. Class A | 0.38% | 223,264 | $994K | Reduce -17.5% |
| UBOH United Bancshares Inc. | 0.38% | 22,302 | $992K | No change |
| PFBX Peoples Financial Corp. | 0.37% | 48,476 | $987K | No change |
| XPRO Expro Group Holdings NV | 0.37% | 72,435 | $967K | Reduce -0.8% |
| DB Deutsche Bank AG-Registered | 0.36% | 24,900 | $960K | No change |
| FRST Primis Financial Corp. | 0.36% | 68,216 | $949K | No change |
| CC The Chemours Co. | 0.36% | 80,093 | $944K | Add +7.0% |
| OCFC Oceanfirst Financial Corp. | 0.35% | 51,240 | $920K | No change |
| CSCO Cisco Systems Inc. | 0.34% | 11,787 | $908K | Add +2.5% |
| TBCH Turtle Beach Corp. | 0.34% | 64,495 | $905K | Reduce -0.8% |
| FNWB First Northwest Bancorp | 0.30% | 84,928 | $797K | Add +18.0% |
Other holdings (26): bonds, preferreds, convertibles and warrants · $32.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 2,505,000 | $3.3M | Reduce -1.0% |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 2,905,000 | $2.8M | No change |
| FREDDIE MAC (FMCC 6.55 PERP Y) | PREF STK | 179,580 | $2.3M | No change |
| AMG CAPITAL TRUST II (AMG 5.15 10/15/37) | CONV PRF | 27,660 | $2.0M | Reduce -7.4% |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 49,842 | $2.0M | Reduce -1.7% |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 1,695,000 | $2.0M | Reduce -0.6% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 1,745,000 | $1.7M | No change |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | 1,795,000 | $1.7M | Add +2.3% |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 1,705,000 | $1.7M | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 1,755,000 | $1.7M | Reduce -0.3% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 11,015 | $1.4M | Add +984.1% |
| BANC OF CALIFORNIA INC (BANC V7.75 PERP F) | NON 13F SECURITY | 54,734 | $1.4M | Add +0.5% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 1,400,000 | $1.3M | No change |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 1,227,000 | $1.2M | No change |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 1,205,000 | $1.2M | No change |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 1,160,000 | $1.1M | New |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 1,000,000 | $968K | New |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 500,000 | $494K | No change |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 500,000 | $488K | No change |
| COUPA SOFTWARE INC (COUP 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 500,000 | $485K | No change |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 500,000 | $473K | No change |
| UNTCW Unit Corp.-CW27 | WARRANT | 142,938 | $334K | Add +0.1% |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 111,275 | $298K | Add +0.5% |
| FANNIE MAE (FNMA V8.25 PERP S) | Preferred Stock | 6,000 | $91K | No change |
| JACKSON FINANCIAL INC (JXN V8 PERP) | PFD | 2,200 | $57K | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 172 | $17K | New |
Total filed on the 13F, all lines: $296.0M.
Portfolio Sells Q3 2025 → Q4 2025
| EMXC iShares MSCI Emr MRK Ex Chna | Sold out | 0.00% | −0.58 |
| FMCC Freddie Mac | Reduce -1.4% | 2.15% | −0.47 |
| SLYV SS SPDR S&P 600 SC Val ETF | Sold out | 0.00% | −0.28 |
| AM Antero Midstream Corp. | Reduce -0.3% | 1.89% | −0.25 |
| MSFT Microsoft Corp. | Reduce -0.9% | 1.95% | −0.23 |
| WMB Williams Cos Inc. | Reduce -0.7% | 1.80% | −0.18 |
| NTGR Netgear Inc. | Reduce -0.3% | 0.44% | −0.16 |
| GEL Genesis Energy L.P. | Reduce -0.7% | 1.41% | −0.16 |
| VTLE Vital Energy Inc. | Sold out | 0.00% | −0.16 |
| SHW The Sherwin-Williams Co. | Reduce -1.8% | 1.05% | −0.13 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.10 |
| ORCL Oracle Corp. | Reduce -3.4% | 0.17% | −0.09 |
| Palantir Technologies | Reduce -1.8% | 1.09% | −0.09 |
| KE Kimball Electronics Inc. | Reduce -0.1% | 0.71% | −0.08 |
| NFE New Fortress Energy Inc. | Reduce -47.3% | 0.03% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -1.0% | 0.57% | −0.07 |
| TBCH Turtle Beach Corp. | Reduce -0.8% | 0.34% | −0.06 |
| OKE Oneok Inc. | Reduce -0.1% | 1.63% | −0.05 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -1.2% | 4.62% | −0.05 |
| MCD McDonald's Corp. | Reduce -1.0% | 1.12% | −0.04 |
| McDermott International | Sold out | 0.00% | −0.04 |
| WLKP Westlake Chemical Partners L | Reduce -0.6% | 0.28% | −0.04 |
| HNRG Hallador Energy Co. | Sold out | 0.00% | −0.04 |
| NVDA Nvidia Corp. | Reduce -0.2% | 1.06% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.4% | 1.40% | −0.04 |
| WES Western Gas Equity Partners | Reduce -0.8% | 1.00% | −0.04 |
| DKL Delek Logistics Partners LP | Reduce -0.9% | 0.56% | −0.04 |
| KMI Kinder Morgan Inc. | Reduce -0.0% | 0.52% | −0.03 |
| T AT&T Inc. | Sold out | 0.00% | −0.03 |
| NKE Nike Inc. Class B | Reduce -1.4% | 0.21% | −0.03 |
| TNK Teekay Tankers Ltd. Class A | Sold out | 0.00% | −0.03 |
| BVN Cia DE Minas Buenaventur-ADR | Sold out | 0.00% | −0.03 |
| RSG Republic Services Inc. | Sold out | 0.00% | −0.03 |
| CGAU Centerra Gold Inc. | Sold out | 0.00% | −0.03 |
| V Visa Inc. Class A | Reduce -1.2% | 1.17% | −0.02 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.02 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.02 |
| ASO Academy Sports & Outdoors Inc. | Reduce -0.1% | 0.56% | −0.02 |
| AGX Argan Inc. | Reduce -65.8% | 0.01% | −0.02 |
| EPD Enterprise Products Partners | Reduce -0.9% | 1.08% | −0.02 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −0.02 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.02 |
| BRY Berry Corp. | Sold out | 0.00% | −0.01 |
| ASC Ardmore Shipping Corp. | Sold out | 0.00% | −0.01 |
| BG Bunge Ltd. | Sold out | 0.00% | −0.01 |
| RNGR Ranger Energy Services Class A | Sold out | 0.00% | −0.01 |
| TS Tenaris SA-ADR | Sold out | 0.00% | −0.01 |
| GASS Stealthgas Inc. | Reduce -42.7% | 0.02% | −0.01 |
| INSW International Seaways Inc. | Sold out | 0.00% | −0.01 |
| TEEKAY CORPORATION | Reduce -35.0% | 0.02% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| COLD Americold Realty Trust Inc. | New | 0.62% | +0.62 |
| HELE Helen of Troy Ltd. | New | 0.55% | +0.55 |
| WHR Whirlpool Corp. | New | 0.49% | +0.49 |
| CAT Caterpillar Inc. | Add +4.4% | 2.10% | +0.37 |
| CRGY Crescent Energy Inc. Class A | New | 0.14% | +0.14 |
| SBFG SB Financial Group Inc. | Add +0.0% | 1.33% | +0.14 |
| C Citigroup Inc. | Add +0.3% | 1.29% | +0.13 |
| TRV The Travelers Cos Inc. | Add +9.5% | 1.09% | +0.10 |
| MRK Merck & Co. Inc. | Add +2.8% | 0.43% | +0.09 |
| XOM Exxon Mobil Corp. | Add +38.4% | 0.27% | +0.08 |
| FNWB First Northwest Bancorp | Add +18.0% | 0.30% | +0.08 |
| AAPL Apple Inc. | Add +0.7% | 2.06% | +0.08 |
| MCDIF McDermott International Ltd. | New | 0.08% | +0.08 |
| IBM Intl Business Machines Corp. | Add +5.0% | 1.20% | +0.07 |
| JNJ Johnson & Johnson | Add +0.9% | 0.89% | +0.07 |
| ICVT iShares Convertible Bond ETF | New | 0.06% | +0.06 |
| MMM 3M Co. | Add +10.9% | 0.60% | +0.06 |
| AMZN Amazon.com Inc. | Add +4.5% | 0.97% | +0.06 |
| WFC Wells Fargo & Co. | Add +46.7% | 0.13% | +0.05 |
| PFE Pfizer Inc. | New | 0.05% | +0.05 |
| PAGP Plains GP Holdings LP | Add +2.5% | 1.19% | +0.05 |
| TLN Talen Energy Corp. | Add +143.6% | 0.09% | +0.04 |
| CSCO Cisco Systems Inc. | Add +2.5% | 0.34% | +0.04 |
| OKTA Okta Inc. | New | 0.03% | +0.03 |
| PUBM Pubmatic Inc. Class A | Add +2.9% | 0.48% | +0.03 |
| GRBK Green Brick Partners Inc. | New | 0.03% | +0.03 |
| BAC Bank of America Corp. | Add +0.3% | 0.80% | +0.03 |
| LZB La-Z-Boy Inc. | Add +0.5% | 0.49% | +0.03 |
| USB US Bancorp | New | 0.02% | +0.02 |
| UPS United Parcel Service Class B | Add +112.4% | 0.04% | +0.02 |
| Barrick Mining Corporation | New | 0.02% | +0.02 |
| NFLX Netflix Inc. | New | 0.02% | +0.02 |
| GM General Motors Co. | Add +33.2% | 0.04% | +0.02 |
| JXN Jackson Financial Inc. Class A | Add +0.3% | 0.74% | +0.02 |
| DOW Dow Inc. | Add +71.8% | 0.03% | +0.01 |
| INTC Intel Corp. | Add +11.1% | 0.08% | +0.01 |
| BOKF Bok Financial Corporation | New | 0.01% | +0.01 |
| FPI Farmland Partners Inc. | New | 0.01% | +0.01 |
| JOYY Joyy Inc.-ADR | New | 0.01% | +0.01 |
| CALM Cal-Maine Foods Inc. | New | 0.01% | +0.01 |
| CMRE Costamare Inc. | New | 0.01% | +0.01 |
| HOG Harley-Davidson Inc. | New | 0.01% | +0.01 |
| ARCB Arcbest Corp. | Add +0.3% | 0.40% | +0.01 |
| TOL Toll Brothers Inc. | New | 0.01% | +0.01 |
| CRC California Resources Corp. | New | 0.01% | +0.01 |
| SF Stifel Financial Corp. | Add +59.9% | 0.02% | +0.01 |
| DHI D.R. Horton Inc. | New | 0.01% | +0.01 |
| CVX Chevron Corp. | Add +6.5% | 0.81% | +0.01 |
| Star Bulk Carriers | Add +62.1% | 0.02% | +0.01 |
| MIND Mind Technology Inc. | Add +52.6% | 0.02% | +0.01 |
Notes & Other Activity Q3 2025 → Q4 2025
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | Reduce -1.0% | 2,505,000 | $3.3M |
| AMG CAPITAL TRUST II (AMG 5.15 10/15/37) | CONV PRF | Reduce -7.4% | 27,660 | $2.0M |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Reduce -1.7% | 49,842 | $2.0M |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | Reduce -0.6% | 1,695,000 | $2.0M |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | Add +2.3% | 1,795,000 | $1.7M |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | Reduce -0.3% | 1,755,000 | $1.7M |
| EVENTBRITE INC (EB 5 12/01/25) | NOTE 5.000%12/0 · principal | Sold out | 1,500,000 | $1.5Mbefore exit |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +984.1% | 11,015 | $1.4M |
| BANC OF CALIFORNIA INC (BANC V7.75 PERP F) | NON 13F SECURITY | Add +0.5% | 54,734 | $1.4M |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | New | 1,160,000 | $1.1M |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | New | 1,000,000 | $968K |
| UNTCW Unit Corp.-CW27 | WARRANT | Add +0.1% | 142,938 | $334K |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Add +0.5% | 111,275 | $298K |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | New | 172 | $17K |
| 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 |