SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Pinnacle Holdings, LLC

CIK 0001411784 · 1616 EAST 15TH STREET, TULSA, OK, 74120 · 918-582-6864

Reported Value
$238.0B
Q4 2021
Positions
230
Filings on Record
32
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Pinnacle Holdings, LLC reported $238.0B in U.S.-listed holdings across 230 positions for Q4 2021.

Its largest position, Spdr Dow Jones Industrial Average, represents 4.8% of the portfolio.

Compared with Q3 2021, the fund opened 25 new positions and exited 46.

Portfolio Metrics

Turnover
+4.5%
vs prior filed quarter
Top-10 Concentration
+22.6%
share of reported value
Largest Position
+4.8%
Spdr Dow Jones Industrial Average
New / Exited
25 / 46
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $242.1BQ4 ’18Q1 ’19: $267.2BQ2 ’19: $269.2BQ3 ’19: $265.3BQ4 ’19: $266.2BQ4 ’19Q1 ’20: $174.4BQ2 ’20: $209.5BQ3 ’20: $173.0BQ4 ’20: $189.7BQ4 ’20Q1 ’21: $216.1BQ2 ’21: $217.5BQ3 ’21: $227.9BQ4 ’21: $238.0BQ4 ’21Q1 ’22: $254.6BQ2 ’22: $218.3BQ3 ’22: $213.5BQ1 ’23: $216MQ1 ’23Q2 ’23: $224MQ3 ’23: $213MQ4 ’23: $243MQ1 ’24: $249MQ1 ’24Q2 ’24: $246MQ3 ’24: $256MQ4 ’24: $265MQ1 ’25: $263MQ1 ’25Q2 ’25: $277MQ3 ’25: $287MQ4 ’25: $296MQ1 ’26: $309MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 45.4%Other: 43.6%US DOMESTIC: 4.7%MLP: 3.0%PUBLIC: 3.0%Other: 0.3%
  • Common Stock · 45.4% · $108.1B
  • Other · 43.6% · $103.8B
  • US DOMESTIC · 4.7% · $11.1B
  • MLP · 3.0% · $7.1B
  • PUBLIC · 3.0% · $7.1B
  • Other · 0.3% · $773M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Expro Group HoldingsNEW+59.3K59.3K+$850M$850M
US Xpress EnterprisesNEW+125.6K125.6K+$738M$738M
Five9NEW+500.0K500.0K+$614M$614M
Cloudfare IncNEW+500.0K500.0K+$532M$532M
Bill.com HoldingsNEW+500.0K500.0K+$511M$511M
BOK FinancialNEW+4.0K4.0K+$425M$425M
BancFirst CorporationNEW+3.3K3.3K+$233M$233M
General Electric CompanyNEW+1.8K1.8K+$169M$169M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR Dow Jones Industrial AverageCOM4.83%$11.5B31.6K
2UnitedHealth GroupCOM2.46%$5.9B11.7K
3AMRAlpha Metallurgical Resourceshistory →COM2.19%$5.2B85.3K
4QCR HoldingsCOM2.11%$5.0B89.8K
5HDHome Depothistory →COM2.10%$5.0B12.1K
6MSFTMicrosoft Corporationhistory →COM1.92%$4.6B13.6K
7Cowen IncCONV PREF1.91%$4.5B3.0K
8Goldman SachsCOM1.88%$4.5B11.7K
9AAPLApplehistory →COM1.69%$4.0B22.7K
10AMGNAmgenhistory →COM1.55%$3.7B21.6K
11OKEONEOKhistory →COM1.47%$3.5B59.5K
12MCDMcDonald'shistory →COM1.39%$3.3B12.3K
13SB Financial GroupCOM1.30%$3.1B156.8K
14UNTCUnit Corphistory →COM1.29%$3.1B94.8K
15WMBWilliams Companieshistory →COM1.26%$3.0B115.5K
16Antero MidstreamCOM1.22%$2.9B299.3K
17Targa Resources CorpCOM1.17%$2.8B53.4K
18salesforce.comCOM1.13%$2.7B10.6K
19Summit Financial GroupCOM1.07%$2.5B92.4K
20BABoeinghistory →COM1.06%$2.5B12.5K
21JNJJohnson & Johnsonhistory →COM1.05%$2.5B14.6K
22VisaCOM1.03%$2.5B11.4K
23CATCaterpillarhistory →COM1.02%$2.4B11.7K
24HONGBPHoneywellhistory →COM1.02%$2.4B11.6K
25MPLXCOM0.99%$2.4B79.5K
26HESMHess Midstream Partnershistory →COM0.98%$2.3B84.7K
27Altus Midstream CompanyCOM0.97%$2.3B37.8K
28CLFCleveland-Cliffshistory →COM0.96%$2.3B105.0K
29Atlas Air Worldwide HoldingsCONV BOND0.89%$2.1B1.67M
30PGProcter & Gamblehistory →COM0.89%$2.1B13.0K
31AMG CapitalCONV PREF0.89%$2.1B36.0K
32MOFGMidWest One Financialhistory →COM0.89%$2.1B65.3K
33JPMorganCOM0.89%$2.1B13.3K
343M CoCOM0.86%$2.0B11.5K
35Wintrust FinancialCOM0.85%$2.0B22.4K
36GreenbriarCONV BOND0.83%$2.0B1.87M
37BungeCONV PREF0.83%$2.0B15.5K
38Horizon GlobalCONV BOND0.81%$1.9B2.00M
39Teekay LNG PartnersCOM0.80%$1.9B112.0K
40NKENikehistory →COM0.79%$1.9B11.2K
41DISWalt Disney Cohistory →COM0.78%$1.9B12.0K
42WEPMagellan Midstream Partnershistory →COM0.78%$1.9B39.9K
43AXPAmerican Express Companyhistory →COM0.78%$1.8B11.3K
44Brighthouse FinancialCOM0.77%$1.8B35.5K
45CHVChevron Corporationhistory →COM0.77%$1.8B15.6K
46TravelersCOM0.76%$1.8B11.6K
47EPDEnterprise Products Partnershistory →COM0.74%$1.8B80.2K
48Navios Maritime PartnersCOM0.74%$1.8B70.0K
49FBMSUSDFirst Bancshareshistory →COM0.74%$1.8B45.4K
50WMTWal-Mart Storeshistory →COM0.73%$1.7B12.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$309M233May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$296M249Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$287M246Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$277M229Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$263M237May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$265M238Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$256M237Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$246M232Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$249M225May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$243M217Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$213M202Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$224M202Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$216M264May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review216Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$213.5B211Nov 14, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$218.3B225Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$254.6B239May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$238.0B230Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$227.9B251Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$217.5B201Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$216.1B219May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$189.7B225Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$173.0B215Nov 13, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$209.5B208Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$174.4B202May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$266.2B185Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$265.3B200Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$269.2B194Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$267.2B196May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$242.1B202Feb 12, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.