Latest Pinnacle Holdings, LLC Stock Portfolio

$246Million– No. of Holdings #211

Pinnacle Holdings, LLC Performance:

2024 Q2: -0.38%YTD: 3.4%2023: 11.19%

Performance for 2024 Q2 is -0.38%, and YTD is 3.4%, and 2023 is 11.19%.

About Pinnacle Holdings, LLC and 13F Hedge Fund Stock Holdings

Pinnacle Holdings, LLC is a hedge fund based in TULSA, OK. On 12-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $374.8 Millions. In it's latest 13F Holdings report, Pinnacle Holdings, LLC reported an equity portfolio of $246 Millions as of 30 Jun, 2024.

The top stock holdings of Pinnacle Holdings, LLC are DIA, MSFT, TRGP. The fund has invested 4.3% of it's portfolio in SPDR DOW JONES INDUSTRIAL AVERAGE and 2.2% of portfolio in MICROSOFT CORPORATION.

The fund managers got completely rid off SUMMIT FINANCIAL GROUP (SMMF), MDC HOLDINGS (MDC) and NIKE (NKE) stocks. They significantly reduced their stock positions in SPROUTS FARMERS MARKET (SFM), 3M CO (MMM) and UNITED PARCEL SERVICE (UPS). Pinnacle Holdings, LLC opened new stock positions in BURKE & HERBERT FINANCIAL SERVICES, ISHARES MSCI EMERGING MARKETS ETF (EMGF) and EVENTBRITE (EB). The fund showed a lot of confidence in some stocks as they added substantially to PALANTIR TECHNOLOGIES (PLTR), HERTZ GLOBAL HOLDINGS (HTZ) and MCDERMOTT INTERNATIONAL.

Pinnacle Holdings, LLC Equity Portfolio Value

Last Reported on: 13 Aug, 2024

Pinnacle Holdings, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Pinnacle Holdings, LLC made a return of -0.38% in the last quarter. In trailing 12 months, it's portfolio return was 15.56%.

New Buys

Ticker	$ Bought
burke & herbert financial services	2,206,290
eventbrite	1,491,400
ishares msci emerging markets etf	1,310,390
eventbrite	1,130,800
community west bancshares	405,261
ishares msci eafe index fund	313,007
general electric company	281,317
providient financial services	165,918

New stocks bought by Pinnacle Holdings, LLC

Additions

Ticker	% Inc.
palantir technologies	375
hertz global holdings	114
mcdermott international	94.43
lgi homes	28.03
pacer us small cap cash cows	19.73
ranger energy services	18.83
new fortress energy	16.23
mesa air group	13.74

Additions to existing portfolio by Pinnacle Holdings, LLC

Reductions

Ticker	% Reduced
sprouts farmers market	-97.56
3m co	-17.68
united parcel service	-11.76
astrazeneca	-11.11
uniti group	-9.94
spdr dow jones industrial average	-9.64
oracle corporation	-7.96
amgen inc	-7.92

Pinnacle Holdings, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
ezcorp inc	-358,552
summit financial group	-2,335,800
mcdermott	-72.00
mcdermott	-65.00
mamamancini's holdings	-240,000
mdc holdings	-1,677,120
central valley community bancorp	-435,710
lakeland bancorp	-168,130

Pinnacle Holdings, LLC got rid off the above stocks

Sector Distribution

Pinnacle Holdings, LLC has about 24.8% of it's holdings in Financial Services sector.

Sector	%
Financial Services	24.8
Energy	24.6
Others	16.8
Industrials	8.3
Technology	8.2
Consumer Cyclical	5.7
Healthcare	5.6
Consumer Defensive	1.7
Basic Materials	1.5
Communication Services	1.3
Utilities	1.1

Market Cap. Distribution

Pinnacle Holdings, LLC has about 43.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	25.6
MID-CAP	18.3
MEGA-CAP	17.8
UNALLOCATED	16.8
SMALL-CAP	14.1
MICRO-CAP	7.4

Stocks belong to which Index?

About 62.4% of the stocks held by Pinnacle Holdings, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	39.6
Others	37.6
RUSSELL 2000	22.8

Top 5 Winners (%)		%
MESA	mesa air group	93.6 %
AGX	argan inc	44.7 %
GEL	genesis energy	28.6 %
HNRG	hallador energy	25.8 %
AAPL	apple	22.7 %

Top 5 Winners ($)		$
GEL	genesis energy	0.7 M
TRGP	targa resources	0.7 M
AAPL	apple	0.6 M
ARLP	alliance resource partners	0.6 M
AGX	argan inc	0.6 M

Top 5 Losers (%)		%
UNIT	uniti group	-49.1 %
HTZ	hertz global holdings	-44.6 %
HTZ	hertz global holdings	-42.5 %
CLF	cleveland-cliffs	-31.4 %
INTC	intel corporation	-29.9 %

Top 5 Losers ($)		$
CLF	cleveland-cliffs	-0.7 M
HTZ	hertz global holdings	-0.6 M
NFE	new fortress energy	-0.5 M
ARCB	arcbest corp	-0.4 M
HD	the home depot	-0.4 M

Pinnacle Holdings, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Pinnacle Holdings, LLC

Pinnacle Holdings, LLC has 211 stocks in it's portfolio. About 21.3% of the portfolio is in top 10 stocks. CLF proved to be the most loss making stock for the portfolio. GEL was the most profitable stock for Pinnacle Holdings, LLC last quarter.

Last Reported on: 13 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAL	american airlines group	0.08	16,546	187,466	unchanged	0.00

AAL	american airlines	0.02	50,000	51,693	unchanged	0.00

AAPL	apple	1.34	15,610	3,287,870	reduced	-0.86

AFTY	pacer us small cap cash cows	0.02	898	39,117	added	19.73

AGT	ishares convertible bond etf	0.05	1,693	133,158	unchanged	0.00

AGX	argan inc	0.76	25,470	1,863,380	reduced	-0.58

AM	antero midstream	1.73	288,893	4,258,280	reduced	-0.6

AMBC	ambac financial	0.00	197	2,526	unchanged	0.00

AMGN	amgen inc	1.69	13,316	4,160,580	reduced	-7.92

AMR	alpha metallurgical resources	0.12	1,062	297,951	reduced	-2.21

AMZN	amazon.com	0.89	11,290	2,181,790	added	0.04

ARCB	arcbest corp	0.59	13,539	1,449,760	added	11.55

ARGT	globalx superdividend etf	0.03	3,895	67,189	unchanged	0.00

ARLP	alliance resource partners	1.31	131,825	3,224,440	reduced	-0.21

ASO	academy sports & outdoors	0.62	28,876	1,537,650	added	9.06

AXP	american express company	0.86	9,106	2,108,490	reduced	-2.62

BA	the boeing company	0.76	10,211	1,858,500	reduced	-1.4

BAC	bank of america	0.62	38,693	1,538,820	unchanged	0.00

BAC	bank of america	0.50	1,031	1,233,240	reduced	-1.25

BANC	banc of california	0.51	54,484	1,254,220	unchanged	0.00