Gilman Hill Asset Management 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
3M CO	COM	88579Y101	248	1,259	SH		SOLE		1,259	0	0
ABBOTT LABS	COM	002824100	458	7,517	SH		SOLE		7,517	0	0
ABBVIE INC	COM	00287Y109	1,065	11,491	SH		SOLE		11,491	0	0
AIR PRODS & CHEMS INC	COM	009158106	218	1,400	SH		SOLE		1,400	0	0
ALBANY INTL CORP	CL A	012348108	819	13,624	SH		SOLE		13,624	0	0
ALLERGAN PLC	SHS	G0177J108	282	1,691	SH		SOLE		1,691	0	0
ALPHABET INC	CAP STK CL C	02079K107	760	681	SH		SOLE		681	0	0
ALPHABET INC	CAP STK CL A	02079K305	519	460	SH		SOLE		460	0	0
ALPS ETF TR	ALERIAN MLP	00162Q866	364	36,060	SH		SOLE		36,060	0	0
ALTRIA GROUP INC	COM	02209S103	273	4,813	SH		SOLE		4,813	0	0
AMAZON COM INC	COM	023135106	1,212	713	SH		SOLE		713	0	0
AMERICAN ELEC PWR INC	COM	025537101	398	5,754	SH		SOLE		5,754	0	0
AMERICAN WTR WKS CO INC NEW	COM	030420103	886	10,375	SH		SOLE		10,375	0	0
AMGEN INC	COM	031162100	1,020	5,527	SH		SOLE		5,527	0	0
APPLE INC	COM	037833100	1,624	8,774	SH		SOLE		8,774	0	0
APPLIED MATLS INC	COM	038222105	646	13,990	SH		SOLE		13,990	0	0
APTIV PLC	SHS	G6095L109	823	8,978	SH		SOLE		8,978	0	0
ASTRAZENECA PLC	SPONSORED ADR	046353108	205	5,850	SH		SOLE		5,850	0	0
AT&T INC	COM	00206R102	491	15,286	SH		SOLE		15,286	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	243	1,813	SH		SOLE		1,813	0	0
B & G FOODS INC NEW	COM	05508R106	4,375	146,305	SH		SOLE		145,769	0	535
BANCO DE CHILE	SPONSORED ADR	059520106	888	9,550	SH		SOLE		9,550	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	517	2,771	SH		SOLE		2,771	0	0
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	746	23,200	SH		SOLE		23,200	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	631	11,407	SH		SOLE		11,407	0	0
BRIXMOR PPTY GROUP INC	COM	11120U105	602	34,520	SH		SOLE		34,520	0	0
BROADCOM INC	COM	11135F101	352	1,452	SH		SOLE		1,452	0	0
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	240	6,250	SH		SOLE		6,250	0	0
CARETRUST REIT INC	COM	14174T107	322	19,300	SH		SOLE		19,300	0	0
CATERPILLAR INC DEL	COM	149123101	805	5,934	SH		SOLE		5,934	0	0
CBS CORP NEW	CL B	124857202	351	6,250	SH		SOLE		6,250	0	0
CELGENE CORP	COM	151020104	497	6,261	SH		SOLE		6,261	0	0
CENTURYLINK INC	COM	156700106	5,787	310,460	SH		SOLE		308,970	0	1,490
CHEVRON CORP NEW	COM	166764100	5,180	40,975	SH		SOLE		40,743	0	232
CHINA MOBILE LIMITED	SPONSORED ADR	16941M109	873	19,664	SH		SOLE		19,664	0	0
CISCO SYS INC	COM	17275R102	1,444	33,565	SH		SOLE		33,565	0	0
COCA COLA CO	COM	191216100	219	4,992	SH		SOLE		4,992	0	0
COMPASS DIVERSIFIED HOLDINGS	SH BEN INT	20451Q104	4,059	234,605	SH		SOLE		233,638	0	967
CREDIT SUISSE ASSET MGMT INC	COM	224916106	46	14,500	SH		SOLE		14,500	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	243	2,250	SH		SOLE		2,250	0	0
DEERE & CO	COM	244199105	268	1,918	SH		SOLE		1,918	0	0
DISNEY WALT CO	COM DISNEY	254687106	497	4,742	SH		SOLE		4,742	0	0
DOMINION ENERGY INC	COM	25746U109	253	3,717	SH		SOLE		3,717	0	0
DOUGLAS DYNAMICS INC	COM	25960R105	5,590	116,455	SH		SOLE		115,789	0	666
DOWDUPONT INC	COM	26078J100	928	14,081	SH		SOLE		14,081	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	3,742	47,324	SH		SOLE		47,094	0	230
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	201	11,625	SH		SOLE		11,625	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	3,882	140,292	SH		SOLE		139,550	0	742
EVEREST RE GROUP LTD	COM	G3223R108	482	2,092	SH		SOLE		2,092	0	0
EXXON MOBIL CORP	COM	30231G102	726	8,774	SH		SOLE		8,774	0	0
FACEBOOK INC	CL A	30303M102	1,554	7,999	SH		SOLE		7,999	0	0
FARMLAND PARTNERS INC	COM	31154R109	3,313	376,504	SH		SOLE		374,929	0	1,575
FEDEX CORP	COM	31428X106	453	1,995	SH		SOLE		1,995	0	0
FISERV INC	COM	337738108	992	13,395	SH		SOLE		13,395	0	0
GENERAL ELECTRIC CO	COM	369604103	241	17,733	SH		SOLE		17,733	0	0
GENERAL MTRS CO	COM	37045V100	4,319	109,607	SH		SOLE		109,022	0	584
GILEAD SCIENCES INC	COM	375558103	308	4,350	SH		SOLE		4,350	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	1,299	32,222	SH		SOLE		32,222	0	0
GPO AEROPORTUARIO DEL PAC SA	SPON ADR B	400506101	1,777	19,125	SH		SOLE		19,125	0	0
HANESBRANDS INC	COM	410345102	816	37,051	SH		SOLE		37,051	0	0
HANNON ARMSTRONG SUST INFR C	COM	41068X100	4,764	241,198	SH		SOLE		239,576	0	1,622
HERCULES CAPITAL INC	COM	427096508	4,283	338,600	SH		SOLE		337,052	0	1,548
HOME DEPOT INC	COM	437076102	2,646	13,562	SH		SOLE		13,562	0	0
INGERSOLL-RAND PLC	SHS	G47791101	271	3,018	SH		SOLE		3,018	0	0
INSIGHT SELECT INCOME FD	COM	45781W109	189	10,000	SH		SOLE		10,000	0	0
INTEL CORP	COM	458140100	923	18,561	SH		SOLE		18,561	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	4,361	31,220	SH		SOLE		31,075	0	145
INVESCO BD FD	COM	46132L107	349	19,500	SH		SOLE		19,500	0	0
IRON MTN INC NEW	COM	46284V101	4,324	123,503	SH		SOLE		122,844	0	659
ISHARES TR	CORE S&P500 ETF	464287200	327	1,197	SH		SOLE		1,197	0	0
ISHARES TR	20 YR TR BD ETF	464287432	335	2,750	SH		SOLE		2,750	0	0
ISHARES TR	MSCI EAFE ETF	464287465	633	9,457	SH		SOLE		9,457	0	0
ISHARES TR	RUS MID CAP ETF	464287499	1,593	7,508	SH		SOLE		7,508	0	0
JOHNSON & JOHNSON	COM	478160104	1,410	11,622	SH		SOLE		11,622	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,059	10,161	SH		SOLE		10,161	0	0
KIMBERLY CLARK CORP	COM	494368103	311	2,954	SH		SOLE		2,954	0	0
KINDER MORGAN INC DEL	COM	49456B101	687	38,863	SH		SOLE		38,863	0	0
KRAFT HEINZ CO	COM	500754106	499	7,945	SH		SOLE		7,945	0	0
L BRANDS INC	COM	501797104	3,352	90,879	SH		SOLE		90,404	0	475
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	269	1,500	SH		SOLE		1,500	0	0
LAMAR ADVERTISING CO NEW	CL A	512816109	4,483	65,627	SH		SOLE		65,329	0	297
LAS VEGAS SANDS CORP	COM	517834107	1,909	25,000	SH		SOLE		25,000	0	0
LAZARD LTD	SHS A	G54050102	745	15,235	SH		SOLE		15,235	0	0
LILLY ELI & CO	COM	532457108	543	6,365	SH		SOLE		6,365	0	0
LOCKHEED MARTIN CORP	COM	539830109	454	1,537	SH		SOLE		1,537	0	0
LOWES COS INC	COM	548661107	886	9,274	SH		SOLE		9,274	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	3,070	44,445	SH		SOLE		44,052	0	393
MARRIOTT INTL INC NEW	CL A	571903202	596	4,704	SH		SOLE		4,704	0	0
MCDONALDS CORP	COM	580135101	350	2,231	SH		SOLE		2,231	0	0
MEDTRONIC PLC	SHS	G5960L103	984	11,499	SH		SOLE		11,499	0	0
MERCK & CO INC	COM	58933Y105	633	10,424	SH		SOLE		10,424	0	0
MFS CHARTER INCOME TR	SH BEN INT	552727109	389	49,075	SH		SOLE		49,075	0	0
MFS GOVT MKTS INCOME TR	SH BEN INT	552939100	117	25,900	SH		SOLE		25,900	0	0
MFS MULTIMARKET INCOME TR	SH BEN INT	552737108	90	15,850	SH		SOLE		15,850	0	0
MGM GROWTH PPTYS LLC	CL A COM	55303A105	662	21,720	SH		SOLE		21,720	0	0
MICROSOFT CORP	COM	594918104	1,121	11,368	SH		SOLE		11,368	0	0
MID AMER APT CMNTYS INC	COM	59522J103	645	6,403	SH		SOLE		6,403	0	0
MILESTONE SCIENTIFIC INC	COM NEW	59935P209	32	40,500	SH		SOLE		40,500	0	0
MOHAWK INDS INC	COM	608190104	629	2,936	SH		SOLE		2,936	0	0
MYLAN N V	SHS EURO	N59465109	536	14,822	SH		SOLE		14,822	0	0
NATIONAL GRID PLC	SPONSORED ADR NE	636274409	1,561	27,958	SH		SOLE		27,958	0	0
NATIONAL RETAIL PPTYS INC	COM	637417106	5,213	118,585	SH		SOLE		118,006	0	579
NATIONAL STORAGE AFFILIATES	COM SHS BEN IN	637870106	281	9,125	SH		SOLE		9,125	0	0
NAVIENT CORPORATION	COM	63938C108	3,950	303,179	SH		SOLE		301,719	0	1,460
NEW MEDIA INVT GROUP INC	COM	64704V106	5,052	273,370	SH		SOLE		272,134	0	1,236
NEXTERA ENERGY INC	COM	65339F101	404	2,420	SH		SOLE		2,420	0	0
NEXTERA ENERGY PARTNERS LP	COM UNIT PART IN	65341B106	623	13,345	SH		SOLE		13,345	0	0
NIKE INC	CL B	654106103	319	4,000	SH		SOLE		4,000	0	0
NORTHROP GRUMMAN CORP	COM	666807102	880	2,860	SH		SOLE		2,860	0	0
NRG YIELD INC	CL C	62942X405	172	10,000	SH		SOLE		10,000	0	0
NUSTAR ENERGY LP	UNIT COM	67058H102	1,548	68,343	SH		SOLE		67,868	0	475
ONEOK INC NEW	COM	682680103	1,088	15,586	SH		SOLE		15,586	0	0
OWENS & MINOR INC NEW	COM	690732102	3,355	200,806	SH		SOLE		199,821	0	985
PALO ALTO NETWORKS INC	COM	697435105	1,189	5,788	SH		SOLE		5,788	0	0
PARTY CITY HOLDCO INC	COM	702149105	624	40,938	SH		SOLE		40,938	0	0
PEPSICO INC	COM	713448108	637	5,853	SH		SOLE		5,853	0	0
PFIZER INC	COM	717081103	4,694	129,388	SH		SOLE		128,843	0	545
PITNEY BOWES INC	COM	724479100	2,650	309,232	SH		SOLE		307,837	0	1,395
POWER REIT	COM	73933H101	104	17,000	SH		SOLE		17,000	0	0
PPL CORP	COM	69351T106	2,445	85,626	SH		SOLE		85,161	0	465
PROCTER AND GAMBLE CO	COM	742718109	351	4,491	SH		SOLE		4,491	0	0
PUTMAN HIGH INCOME SEC FUND	SHS BEN INT	746779107	233	25,000	SH		SOLE		25,000	0	0
PUTNAM MANAGED MUN INCOM TR	COM	746823103	142	20,000	SH		SOLE		20,000	0	0
PUTNAM PREMIER INCOME TR	SH BEN INT	746853100	56	10,750	SH		SOLE		10,750	0	0
QUALCOMM INC	COM	747525103	4,576	81,534	SH		SOLE		81,154	0	380
RIO TINTO PLC	SPONSORED ADR	767204100	1,958	35,299	SH		SOLE		35,299	0	0
ROSS STORES INC	COM	778296103	792	9,350	SH		SOLE		9,350	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	1,835	25,255	SH		SOLE		25,255	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	261	3,775	SH		SOLE		3,775	0	0
RYMAN HOSPITALITY PPTYS INC	COM	78377T107	5,576	67,056	SH		SOLE		66,685	0	371
SABRA HEALTH CARE REIT INC	COM	78573L106	4,041	185,982	SH		SOLE		185,125	0	858
SASOL LTD	SPONSORED ADR	803866300	516	14,130	SH		SOLE		14,130	0	0
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	7,739	137,054	SH		SOLE		136,369	0	685
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	351	4,200	SH		SOLE		4,200	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	330	6,400	SH		SOLE		6,400	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	344	4,800	SH		SOLE		4,800	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	215	3,100	SH		SOLE		3,100	0	0
SEMPRA ENERGY	COM	816851109	329	2,834	SH		SOLE		2,834	0	0
SHERWIN WILLIAMS CO	COM	824348106	694	1,703	SH		SOLE		1,703	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	644	3,786	SH		SOLE		3,786	0	0
SIX FLAGS ENTMT CORP NEW	COM	83001A102	5,040	71,946	SH		SOLE		71,625	0	320
SMTC CORP	COM NEW	832682207	47	15,977	SH		SOLE		15,977	0	0
SOUTHERN CO	COM	842587107	220	4,748	SH		SOLE		4,748	0	0
SPDR INDEX SHS FDS	PORTFOLIO EMG MK	78463X509	336	9,510	SH		SOLE		9,510	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	2,159	7,960	SH		SOLE		7,960	0	0
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	2,186	6,158	SH		SOLE		6,158	0	0
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	1,561	200,842	SH		SOLE		200,842	0	0
SUNRUN INC	COM	86771W105	132	10,000	SH		SOLE		10,000	0	0
SYSCO CORP	COM	871829107	205	3,000	SH		SOLE		3,000	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADR	874039100	1,391	38,060	SH		SOLE		38,060	0	0
TANGER FACTORY OUTLET CTRS I	COM	875465106	4,133	175,960	SH		SOLE		175,145	0	815
TARGA RES CORP	COM	87612G101	5,417	109,465	SH		SOLE		108,891	0	574
TARGET CORP	COM	87612E106	5,668	74,458	SH		SOLE		74,068	0	390
TEMPLETON GLOBAL INCOME FD	COM	880198106	154	25,000	SH		SOLE		25,000	0	0
TERADYNE INC	COM	880770102	546	14,330	SH		SOLE		14,330	0	0
TOTAL S A	SPONSORED ADR	89151E109	1,342	22,155	SH		SOLE		22,155	0	0
TOYOTA MOTOR CORP	SP ADR REP2COM	892331307	1,435	11,140	SH		SOLE		11,140	0	0
UNION PAC CORP	COM	907818108	265	1,870	SH		SOLE		1,870	0	0
UNITED RENTALS INC	COM	911363109	1,246	8,440	SH		SOLE		8,440	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	647	5,176	SH		SOLE		5,176	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	207	842	SH		SOLE		842	0	0
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	333	2,450	SH		SOLE		2,450	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	277	1,755	SH		SOLE		1,755	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	3,742	24,035	SH		SOLE		24,035	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	620	11,952	SH		SOLE		11,952	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	470	11,126	SH		SOLE		11,126	0	0
VANGUARD WORLD FD	EXTENDED DUR	921910709	557	4,855	SH		SOLE		4,855	0	0
VENTAS INC	COM	92276F100	3,485	61,186	SH		SOLE		60,907	0	280
VERIZON COMMUNICATIONS INC	COM	92343V104	4,868	96,765	SH		SOLE		96,407	0	359
VMWARE INC	CL A COM	928563402	900	6,125	SH		SOLE		6,125	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	256	4,260	SH		SOLE		4,260	0	0
WELLTOWER INC	COM	95040Q104	218	3,475	SH		SOLE		3,475	0	0
WESTERN ASSET MUN HI INCM FD	COM	95766N103	154	21,350	SH		SOLE		21,350	0	0
WESTPAC BKG CORP	SPONSORED ADR	961214301	1,331	61,410	SH		SOLE		61,410	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	661	5,935	SH		SOLE		5,935	0	0