Pinnacle 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Bread Financial Holdings, Inc.	COM	018581108	83,075	2,522	SH		SOLE	0	83,075	0	0
Alpha Metallurgical Resources	COM	020764106	1,486,537	4,386	SH		SOLE	0	1,486,537	0	0
American Express Company	COM	025816109	1,898,878	10,136	SH		SOLE	0	1,898,878	0	0
Amgen	COM	031162100	4,371,856	15,179	SH		SOLE	0	4,371,856	0	0
Apple	COM	037833100	3,341,006	17,353	SH		SOLE	0	3,341,006	0	0
Astrazeneca	COM	046353108	60,615	900	SH		SOLE	0	60,615	0	0
Bank of America	COM	060505104	1,302,793	38,693	SH		SOLE	0	1,302,793	0	0
Bank of America	CONV PREF	060505682	1,310,139	1,087	SH		SOLE	0	1,310,139	0	0
The Boeing Company	COM	097023105	2,904,013	11,141	SH		SOLE	0	2,904,013	0	0
CVB Financial	COM	126600105	166,022	8,223	SH		SOLE	0	166,022	0	0
Coterra Energy	COM	127097103	132,781	5,203	SH		SOLE	0	132,781	0	0
Caterpillar	COM	149123101	3,093,004	10,461	SH		SOLE	0	3,093,004	0	0
Central Valley Community Bancorp	COM	155685100	495,187	22,156	SH		SOLE	0	495,187	0	0
Chevron Corporation	COM	166764100	2,129,706	14,278	SH		SOLE	0	2,129,706	0	0
Citigroup	COM	172967424	1,507,192	29,300	SH		SOLE	0	1,507,192	0	0
Citizens Financial Group	COM	174610105	398,509	12,025	SH		SOLE	0	398,509	0	0
Citizens Community Bancorp	COM	174903104	1,077,870	92,047	SH		SOLE	0	1,077,870	0	0
Civista Bancshares	COM	178867107	1,097,825	59,535	SH		SOLE	0	1,097,825	0	0
Cleveland-Cliffs	COM	185899101	1,981,169	97,021	SH		SOLE	0	1,981,169	0	0
The Coca-Cola Company	COM	191216100	672,273	11,408	SH		SOLE	0	672,273	0	0
Codorus Bancorp	COM	192025104	929,036	36,149	SH		SOLE	0	929,036	0	0
Columbia Banking System	COM	197236102	15,795	592	SH		SOLE	0	15,795	0	0
McDermott International Ltd	COM	220014096	34,921	388,010	SH		SOLE	0	34,921	0	0
Dicks Sporting Goods	COM	253393102	39,383	268	SH		SOLE	0	39,383	0	0
Walt Disney	COM	254687106	925,067	10,246	SH		SOLE	0	925,067	0	0
Dow Inc	COM	260557103	663,623	12,101	SH		SOLE	0	663,623	0	0
Du Pont	COM	263534109	16,694	217	SH		SOLE	0	16,694	0	0
Encore Wire Corp	COM	292562105	85,440	400	SH		SOLE	0	85,440	0	0
Enterprise Products Partners	COM	293792107	2,165,259	82,173	SH		SOLE	0	2,165,259	0	0
Equitrans Midstream Corporation	COM	294600101	1,841,445	180,888	SH		SOLE	0	1,841,445	0	0
EZCORP	COM	302301106	8,740	1,000	SH		SOLE	0	8,740	0	0
F.N.B. Corporation	COM	302520101	105,382	7,653	SH		SOLE	0	105,382	0	0
Freddie Mac	COM	313400301	392,921	462,260	SH		SOLE	0	392,921	0	0
Freddie Mac	PREF STK	313400640	399,052	172,005	SH		SOLE	0	399,052	0	0
Federal National Mortgage Association	COM	313586109	126,247	117,988	SH		SOLE	0	126,247	0	0
Fannie Mae	PREF STK	313586752	19,320	6,000	SH		SOLE	0	19,320	0	0
Fifth Third Bancorp	COM	316773100	400,946	11,625	SH		SOLE	0	400,946	0	0
First Bancshares	COM	318916103	1,272,218	43,376	SH		SOLE	0	1,272,218	0	0
First Community Corp	COM	319835104	1,019,123	47,335	SH		SOLE	0	1,019,123	0	0
The First Financial Corp	COM	320218100	355,093	8,252	SH		SOLE	0	355,093	0	0
Ford	COM	345370860	81,535	6,689	SH		SOLE	0	81,535	0	0
General Electric Company	COM	369604103	225,857	1,770	SH		SOLE	0	225,857	0	0
Genesis Energy	COM	371927104	2,404,355	207,630	SH		SOLE	0	2,404,355	0	0
Graftech International	COM	384313508	476,618	217,634	SH		SOLE	0	476,618	0	0
Hancock Whitney Corporation	COM	410120109	304,028	6,257	SH		SOLE	0	304,028	0	0
Hawaiian Holdings	COM	419879101	17,480	1,231	SH		SOLE	0	17,480	0	0
Hawthorn Bancshares	COM	420476103	1,220,524	48,109	SH		SOLE	0	1,220,524	0	0
Hess Midstream Partners	COM	428103105	2,792,911	88,299	SH		SOLE	0	2,792,911	0	0
The Home Depot	COM	437076102	3,779,474	10,906	SH		SOLE	0	3,779,474	0	0
Honeywell International	COM	438516106	2,212,860	10,552	SH		SOLE	0	2,212,860	0	0
Hugoton Royalty Trust	COM	444717102	210,441	369,194	SH		SOLE	0	210,441	0	0
Intel Corporation	COM	458140100	771,187	15,347	SH		SOLE	0	771,187	0	0
International Business Machines	COM	459200101	1,922,040	11,752	SH		SOLE	0	1,922,040	0	0
iShares Barclays TIPS Bond	COM	464287176	198,256	1,844	SH		SOLE	0	198,256	0	0
iShares MSCI Emerging Markets	COM	464287234	185,569	4,615	SH		SOLE	0	185,569	0	0
iShares DJ US Financial Sector	COM	464287788	209,425	2,452	SH		SOLE	0	209,425	0	0
Jetblue Airways	COM	477143101	1,277,771	230,229	SH		SOLE	0	1,277,771	0	0
Johnson & Johnson	COM	478160104	2,079,156	13,265	SH		SOLE	0	2,079,156	0	0
La-Z-Boy	COM	505336107	1,119,451	30,321	SH		SOLE	0	1,119,451	0	0
Lakeland Bancorp	COM	511637100	208,450	14,094	SH		SOLE	0	208,450	0	0
Vital Energy	COM	516806205	826,053	18,159	SH		SOLE	0	826,053	0	0
Lockheed Martin Corp	COM	539830109	117,389	259	SH		SOLE	0	117,389	0	0
MDC Holdings	COM	552676108	1,569,653	28,410	SH		SOLE	0	1,569,653	0	0
Marathon Oil Corp	COM	565584910	51,509	2,132	SH		SOLE	0	51,509	0	0
McDonald's	COM	580135101	3,346,115	11,285	SH		SOLE	0	3,346,115	0	0
Mesa Air Group	COM	590479135	333,142	329,844	SH		SOLE	0	333,142	0	0
Microsoft Corporation	COM	594918104	4,867,686	12,945	SH		SOLE	0	4,867,686	0	0
MidWest One Financial Group	COM	598511103	1,948,688	72,415	SH		SOLE	0	1,948,688	0	0
NMI Holdings	COM	629209305	1,887,737	63,603	SH		SOLE	0	1,887,737	0	0
New Fortress Energy	COM	644393100	2,078,923	55,100	SH		SOLE	0	2,078,923	0	0
New York Community Bancorp	COM	649445103	1,183,355	115,675	SH		SOLE	0	1,183,355	0	0
Nike	COM	654106103	1,086,894	10,011	SH		SOLE	0	1,086,894	0	0
OceanFirst Financial	COM	675234108	903,779	52,061	SH		SOLE	0	903,779	0	0
Old National Bancorp	COM	680033107	961,598	56,933	SH		SOLE	0	961,598	0	0
ONEOK	COM	682680103	4,289,211	61,082	SH		SOLE	0	4,289,211	0	0
PAM Transporation Services	COM	693149106	906,943	43,645	SH		SOLE	0	906,943	0	0
Parke Bancorp	COM	700885106	1,021,613	50,450	SH		SOLE	0	1,021,613	0	0
Peoples Bancorp	COM	709789101	1,262,519	37,397	SH		SOLE	0	1,262,519	0	0
Peoples Bancorp	COM	710577107	1,079,466	34,889	SH		SOLE	0	1,079,466	0	0
Pfizer Inc.	COM	717081103	193,238	6,712	SH		SOLE	0	193,238	0	0
Plains All American Pipeline	COM	726503105	85,022	5,612	SH		SOLE	0	85,022	0	0
Procter & Gamble	COM	742718109	1,902,236	12,981	SH		SOLE	0	1,902,236	0	0
Republic Services	COM	760759100	86,248	523	SH		SOLE	0	86,248	0	0
Southwestern Energy Company	COM	845467109	19,650	3,000	SH		SOLE	0	19,650	0	0
Superior Industries	COM	868168105	550,037	171,887	SH		SOLE	0	550,037	0	0
Taiwan Semiconductor Manufacturing	COM	874039100	52,000	500	SH		SOLE	0	52,000	0	0
Toll Brothers	COM	889478103	20,558	200	SH		SOLE	0	20,558	0	0
Toro Co	COM	891092108	4,416	46	SH		SOLE	0	4,416	0	0
Turtle Beach Corp	COM	900450206	683,368	62,408	SH		SOLE	0	683,368	0	0
Unisys Corp	COM	909214306	677,615	120,572	SH		SOLE	0	677,615	0	0
Unit Corp	WARRANT	909218125	120,678	92,829	SH		SOLE	0	120,678	0	0
Unit Corp	COM	909218406	3,899,370	90,305	SH		SOLE	0	3,899,370	0	0
United Bancshares	COM	909458101	600,446	31,192	SH		SOLE	0	600,446	0	0
United Parcel Service	COM	911312106	135,689	863	SH		SOLE	0	135,689	0	0
Wal-Mart Stores	COM	931142103	1,822,357	11,560	SH		SOLE	0	1,822,357	0	0
Walgreens Boots Alliance	COM	931427108	296,114	11,341	SH		SOLE	0	296,114	0	0
Wells Fargo	COM	949746101	208,053	4,227	SH		SOLE	0	208,053	0	0
Westlake Chemical Partners	COM	960417103	898,268	41,490	SH		SOLE	0	898,268	0	0
Williams Companies	COM	969457100	3,696,007	106,116	SH		SOLE	0	3,696,007	0	0
Yelp	COM	985817105	1,402,779	29,632	SH		SOLE	0	1,402,779	0	0
Zions Bancorp	COM	989701107	590,885	13,469	SH		SOLE	0	590,885	0	0
Raytheon Technologies	COM	75513e101	22,886	272	SH		SOLE	0	22,886	0	0
Argan	COM	04010e109	1,233,291	26,358	SH		SOLE	0	1,233,291	0	0
The Travelers Companies	COM	89417e109	1,942,427	10,197	SH		SOLE	0	1,942,427	0	0
AMG	CONV PREF	00170F209	1,531,832	30,500	SH		SOLE	0	1,531,832	0	0
A T & T	COM	00206r102	51,246	3,054	SH		SOLE	0	51,246	0	0
Academy Sports & Outdoors	COM	00402l107	1,817,970	27,545	SH		SOLE	0	1,817,970	0	0
Alliance Resource Partners	COM	01877r108	2,817,088	133,007	SH		SOLE	0	2,817,088	0	0
Kinetik Holdings	COM	02215l209	3,436,840	102,899	SH		SOLE	0	3,436,840	0	0
American Airlines Group	COM	02376R102	227,342	16,546	SH		SOLE	0	227,342	0	0
American Airlines	CONV BOND	02376RAF9	55,520	50,000	PRN		SOLE	0	55,520	0	0
Antero Midstream	COM	03676b102	3,682,275	293,877	SH		SOLE	0	3,682,275	0	0
Arcbest	COM	03937c105	1,507,554	12,541	SH		SOLE	0	1,507,554	0	0
BOK Financial	COM	05561q201	27,579	322	SH		SOLE	0	27,579	0	0
BancFirst Corporation	COM	05945f103	35,039	360	SH		SOLE	0	35,039	0	0
Banc of California	COM	05990k106	334,864	24,934	SH		SOLE	0	334,864	0	0
Bank of California	PREF STK	05990k841	1,265,118	54,484	SH		SOLE	0	1,265,118	0	0
Bill.com Holdings	CONV BOND	090043AD2	414,250	500,000	PRN		SOLE	0	414,250	0	0
Blackline Corp	CONV BOND	09239BAD1	443,750	500,000	PRN		SOLE	0	443,750	0	0
Brighthouse Financial	COM	10922n103	2,215,602	41,867	SH		SOLE	0	2,215,602	0	0
CareDx	COM	14167l103	15,504	1,292	SH		SOLE	0	15,504	0	0
The Cheesecake Factory	CONV BOND	163072AA9	1,533,247	1,785,000	PRN		SOLE	0	1,533,247	0	0
Cisco Systems	COM	17275r102	751,637	14,878	SH		SOLE	0	751,637	0	0
Cloudfare	CONV BOND	18915MAC1	449,000	500,000	PRN		SOLE	0	449,000	0	0
Coupa Software	CONV BOND	22266LAF3	499,750	500,000	PRN		SOLE	0	499,750	0	0
Customers Bancorp	COM	23204g100	1,020,162	17,705	SH		SOLE	0	1,020,162	0	0
DR Horton	COM	23331a109	22,797	150	SH		SOLE	0	22,797	0	0
Delek Logistics Partners	COM	24664t103	1,060,687	24,570	SH		SOLE	0	1,060,687	0	0
Devon Energy Corporation	COM	25179m103	153,386	3,386	SH		SOLE	0	153,386	0	0
EOG Resources	COM	26875p101	25,400	210	SH		SOLE	0	25,400	0	0
Eagle Bancorp Montana	COM	26942g100	557,561	35,311	SH		SOLE	0	557,561	0	0
Energy Transfer	COM	29273v100	2,624,363	190,171	SH		SOLE	0	2,624,363	0	0
EnLink Midstream LLC	COM	29336t100	1,793,346	147,479	SH		SOLE	0	1,793,346	0	0
Essa Bancorp	COM	29667d104	1,201,020	59,991	SH		SOLE	0	1,201,020	0	0
EZCorp Inc	CONV BOND	302301AE6	1,267,135	1,356,000	PRN		SOLE	0	1,267,135	0	0
EZCorp Inc	CONV BOND	302301AF3	315,837	310,000	PRN		SOLE	0	315,837	0	0
Exxon Mobil Corporation	COM	30231g102	575,492	5,756	SH		SOLE	0	575,492	0	0
First United Corp	COM	33741h107	1,401,690	59,621	SH		SOLE	0	1,401,690	0	0
First US Bancshares	COM	33744v103	585,701	56,809	SH		SOLE	0	585,701	0	0
Five9	CONV BOND	338307AD3	477,750	500,000	PRN		SOLE	0	477,750	0	0
Forum Energy Technologies	CONV BOND	34984VAC4	2,488,088	2,572,000	PRN		SOLE	0	2,488,088	0	0
The Goldman Sachs Group	COM	38141g104	3,959,543	10,264	SH		SOLE	0	3,959,543	0	0
Greenbriar Co	CONV BOND	393657AK7	1,637,560	1,655,000	PRN		SOLE	0	1,637,560	0	0
HMN Financial	COM	40424g108	901,600	39,200	SH		SOLE	0	901,600	0	0
Hertz Global Holdings	WARRANT	42806j148	255,231	46,575	SH		SOLE	0	255,231	0	0
Hertz Global Holdings	COM	42806j700	960,119	92,408	SH		SOLE	0	960,119	0	0
Homestreet	COM	43785u102	2,325,812	225,807	SH		SOLE	0	2,325,812	0	0
Hope Bancorp	COM	43940t109	863,986	71,522	SH		SOLE	0	863,986	0	0
Innoviva	CONV BOND	45781MAD3	1,105,564	1,260,000	PRN		SOLE	0	1,105,564	0	0
Iridium Communications	COM	46269c102	62,892	1,528	SH		SOLE	0	62,892	0	0
iShares Convertible Bond	COM	46435G102	133,014	1,693	SH		SOLE	0	133,014	0	0
JPMorgan	COM	46625h100	2,263,010	13,304	SH		SOLE	0	2,263,010	0	0
JP Morgan Chase Alerian ETN	COM	46625h365	23,559	929	SH		SOLE	0	23,559	0	0
Jackson Financial	COM	46817m107	1,105,152	21,585	SH		SOLE	0	1,105,152	0	0
Jackson Financial	PREF STK	46817m206	75,000	3,000	SH		SOLE	0	75,000	0	0
Jetblue Airways	CONV BOND	477143AP6	2,012,379	2,795,000	PRN		SOLE	0	2,012,379	0	0
Kimball Electronics	COM	49428j109	1,543,992	57,291	SH		SOLE	0	1,543,992	0	0
Kinder Morgan	COM	49456b101	880,802	49,932	SH		SOLE	0	880,802	0	0
LCI Industries	CONV BOND	501812AB7	1,257,215	1,280,000	PRN		SOLE	0	1,257,215	0	0
LGI Homes	COM	50187t106	951,162	7,143	SH		SOLE	0	951,162	0	0
MPLX	COM	55336v100	3,020,003	82,244	SH		SOLE	0	3,020,003	0	0
MamaMancini's Holdings	COM	56146T103	235,680	48,000	SH		SOLE	0	235,680	0	0
Mastercard	COM	57636q104	194,489	456	SH		SOLE	0	194,489	0	0
Merck	COM	58933y105	1,333,206	12,229	SH		SOLE	0	1,333,206	0	0
Meritage Homes	COM	59001a102	17,420	100	SH		SOLE	0	17,420	0	0
NETGEAR	COM	64111Q104	550,118	37,731	SH		SOLE	0	550,118	0	0
New York Community Bancorp	CONV PREF	64944p307	1,631,343	39,300	SH		SOLE	0	1,631,343	0	0
Nextera Energy Partners	COM	65341b106	337,095	11,085	SH		SOLE	0	337,095	0	0
Okta Inc	CONV BOND	679295AF2	442,000	500,000	PRN		SOLE	0	442,000	0	0
Oracle Corporation	COM	68389x105	395,046	3,747	SH		SOLE	0	395,046	0	0
Palantir Technologies	COM	69608a109	27,472	1,600	SH		SOLE	0	27,472	0	0
Peoples Financial	COM	71103b102	1,142,130	68,803	SH		SOLE	0	1,142,130	0	0
Plains GP Holdings	COM	72651a207	70,978	4,450	SH		SOLE	0	70,978	0	0
Primis Financial	COM	74167b109	873,046	68,961	SH		SOLE	0	873,046	0	0
Proshs Ushort Nat Gas	COM	74347y821	20,993	218	SH		SOLE	0	20,993	0	0
ProShares S&P 500 Dividend Aristocrat	COM	74348a467	249,470	2,620	SH		SOLE	0	249,470	0	0
QCR Holdings	COM	74727a104	4,795,285	82,125	SH		SOLE	0	4,795,285	0	0
SB Financial Group	COM	78408d105	2,458,083	158,433	SH		SOLE	0	2,458,083	0	0
SPDR S&P 500 Trust	COM	78462f103	269,501	567	SH		SOLE	0	269,501	0	0
SPDR S&P 600 Small Cap Value ETF	COM	78464a300	663,481	7,964	SH		SOLE	0	663,481	0	0
SPDR Dow Jones Industrial Average	COM	78467x109	12,302,617	32,644	SH		SOLE	0	12,302,617	0	0
salesforce.com	COM	79466l302	2,464,306	9,365	SH		SOLE	0	2,464,306	0	0
SandRidge Energy	COM	80007p869	107,774	7,884	SH		SOLE	0	107,774	0	0
Sea Ltd	COM	81141r100	15,957	394	SH		SOLE	0	15,957	0	0
Financial Sector SPDR	COM	81369y105	60,987	1,622	SH		SOLE	0	60,987	0	0
Health Care Select Sector SPDR	COM	81369y209	85,510	627	SH		SOLE	0	85,510	0	0
Shake Shack	CONV BOND	819047AB7	1,500,306	1,849,000	PRN		SOLE	0	1,500,306	0	0
Sounds Financial Banc	COM	83607a100	309,660	7,940	SH		SOLE	0	309,660	0	0
Sprouts Farmers Market	COM	85208M102	1,733,211	36,026	SH		SOLE	0	1,733,211	0	0
Sterling Bancorp	COM	85917w102	445,525	77,214	SH		SOLE	0	445,525	0	0
Summit Financial Group	COM	86606g101	2,653,234	86,453	SH		SOLE	0	2,653,234	0	0
Talos Energy	COM	87484t108	1,661,196	116,739	SH		SOLE	0	1,661,196	0	0
Targa Resources Corp	COM	87612g101	3,582,272	41,237	SH		SOLE	0	3,582,272	0	0
3M Co	COM	88579y101	1,108,068	10,136	SH		SOLE	0	1,108,068	0	0
Truist Financial Corp	COM	89832q109	518,615	14,047	SH		SOLE	0	518,615	0	0
Uber Technologies	COM	90353t100	46,424	754	SH		SOLE	0	46,424	0	0
United Community Banks	COM	90984p303	6,437	220	SH		SOLE	0	6,437	0	0
UnitedHealth Group	COM	91324p102	5,529,514	10,503	SH		SOLE	0	5,529,514	0	0
Uniti Group	COM	91325v108	47,714	8,255	SH		SOLE	0	47,714	0	0
Vaalco Energy	COM	91851c201	920,975	205,117	SH		SOLE	0	920,975	0	0
Verizon Communications	COM	92343v104	527,951	14,004	SH		SOLE	0	527,951	0	0
Visa	COM	92826c839	2,669,629	10,254	SH		SOLE	0	2,669,629	0	0
Vishay Intertechnology	CONV BOND	928298AP3	1,837,325	1,865,000	PRN		SOLE	0	1,837,325	0	0
Western Midstream Partners	COM	95825r103	2,035,443	69,564	SH		SOLE	0	2,035,443	0	0
WisdomTree Investments	CONV BOND	97717PAD6	1,700,634	1,770,000	PRN		SOLE	0	1,700,634	0	0
Zillow Group	CONV BOND	98954MAH4	1,871,340	1,705,000	PRN		SOLE	0	1,871,340	0	0
Zscaler	CONV BOND	98980GAB8	1,136,625	750,000	PRN		SOLE	0	1,136,625	0	0
Deutsche Bank	COM	d18190898	337,395	24,900	SH		SOLE	0	337,395	0	0
Bunge	COM	g16962105	138,387	1,371	SH		SOLE	0	138,387	0	0
McDermott	WARRANT	G5924V114	652	65,197	SH		SOLE	0	652	0	0
McDermott	WARRANT	G5924V122	724	72,441	SH		SOLE	0	724	0	0
Expro Group Holdings	COM	n3144w105	1,025,020	64,386	SH		SOLE	0	1,025,020	0	0
Danaos	COM	y1968p121	87,983	1,188	SH		SOLE	0	87,983	0	0
Genco Shipping	COM	y2685t131	49,770	3,000	SH		SOLE	0	49,770	0	0
Navios Maritime Partners	COM	y62267102	1,891,345	67,645	SH		SOLE	0	1,891,345	0	0
Teekay	COM	y8564w103	8,580	1,200	SH		SOLE	0	8,580	0	0
Teekay Tankers	COM	y8565n102	13,042	261	SH		SOLE	0	13,042	0	0