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	290	1,459	SH		SOLE		1,459	0	0
ABBOTT LABS	COM	002824100	1,623	13,998	SH		SOLE		13,998	0	0
ABBVIE INC	COM	00287Y109	10,499	93,208	SH		SOLE		92,863	0	345
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	221	750	SH		SOLE		750	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	401	4,198	SH		SOLE		4,198	0	0
AIR PRODS & CHEMS INC	COM	009158106	230	800	SH		SOLE		800	0	0
ALBANY INTL CORP	CL A	012348108	1,666	18,664	SH		SOLE		18,664	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,143	468	SH		SOLE		468	0	0
ALPHABET INC	CAP STK CL C	02079K107	1,328	530	SH		SOLE		530	0	0
ALPS ETF TR	ALERIAN MLP	00162Q452	267	7,340	SH		SOLE		7,340	0	0
ALTRIA GROUP INC	COM	02209S103	258	5,410	SH		SOLE		5,410	0	0
AMAZON COM INC	COM	023135106	2,119	616	SH		SOLE		616	0	0
AMERICAN ELEC PWR CO INC	COM	025537101	336	3,968	SH		SOLE		3,968	0	0
AMERICAN EXPRESS CO	COM	025816109	2,201	13,319	SH		SOLE		13,319	0	0
AMERICAN WTR WKS CO INC NEW	COM	030420103	803	5,210	SH		SOLE		5,210	0	0
AMGEN INC	COM	031162100	1,629	6,684	SH		SOLE		6,684	0	0
APPLE INC	COM	037833100	3,932	28,708	SH		SOLE		28,708	0	0
APPLIED MATLS INC	COM	038222105	2,784	19,553	SH		SOLE		19,553	0	0
APTIV PLC	SHS	G6095L109	1,800	11,440	SH		SOLE		11,440	0	0
ARCH CAP GROUP LTD	ORD	G0450A105	292	7,500	SH		SOLE		7,500	0	0
AT&T INC	COM	00206R102	8,434	293,036	SH		SOLE		291,726	0	1,310
AUTOMATIC DATA PROCESSING IN	COM	053015103	313	1,576	SH		SOLE		1,576	0	0
B & G FOODS INC NEW	COM	05508R106	9,080	276,820	SH		SOLE		275,644	0	1,175
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	287	1,033	SH		SOLE		1,033	0	0
BIOLIFE SOLUTIONS INC	COM NEW	09062W204	223	5,000	SH		SOLE		5,000	0	0
BLACKSTONE GROUP INC	COM	09260D107	478	4,925	SH		SOLE		4,925	0	0
BLOCK H & R INC	COM	093671105	6,936	295,420	SH		SOLE		293,990	0	1,430
BOEING CO	COM	097023105	341	1,424	SH		SOLE		1,424	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	2,695	40,334	SH		SOLE		40,334	0	0
BRIXMOR PPTY GROUP INC	COM	11120U105	898	39,210	SH		SOLE		39,210	0	0
BROADCOM INC	COM	11135F101	598	1,254	SH		SOLE		1,254	0	0
BUNGE LIMITED	COM	G16962105	391	5,000	SH		SOLE		5,000	0	0
CARMAX INC	COM	143130102	2,279	17,646	SH		SOLE		17,646	0	0
CARRIER GLOBAL CORPORATION	COM	14448C104	2,075	42,686	SH		SOLE		42,686	0	0
CHEVRON CORP NEW	COM	166764100	8,113	77,454	SH		SOLE		77,103	0	352
CIGNA CORP NEW	COM	125523100	214	904	SH		SOLE		904	0	0
CISCO SYS INC	COM	17275R102	3,400	64,149	SH		SOLE		64,149	0	0
CLEARWAY ENERGY INC	CL A	18539C105	3,454	136,971	SH		SOLE		136,971	0	0
CLEARWAY ENERGY INC	CL C	18539C204	248	9,375	SH		SOLE		9,375	0	0
COCA COLA CO	COM	191216100	441	8,157	SH		SOLE		8,157	0	0
COMCAST CORP NEW	CL A	20030N101	276	4,842	SH		SOLE		4,842	0	0
COMPASS DIVERSIFIED	SH BEN INT	20451Q104	7,511	294,541	SH		SOLE		293,179	0	1,362
CONAGRA BRANDS INC	COM	205887102	389	10,685	SH		SOLE		10,685	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	601	2,570	SH		SOLE		2,570	0	0
COSTCO WHSL CORP NEW	COM	22160K105	263	664	SH		SOLE		664	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	915	4,689	SH		SOLE		4,689	0	0
DANAHER CORPORATION	COM	235851102	371	1,381	SH		SOLE		1,381	0	0
DIGITAL RLTY TR INC	COM	253868103	393	2,610	SH		SOLE		2,610	0	0
DISNEY WALT CO	COM	254687106	2,804	15,950	SH		SOLE		15,950	0	0
DOMINION ENERGY INC	COM	25746U109	391	5,315	SH		SOLE		5,315	0	0
DOW INC	COM	260557103	9,050	143,009	SH		SOLE		142,344	0	665
DUKE ENERGY CORP NEW	COM NEW	26441C204	3,977	40,290	SH		SOLE		40,060	0	230
EBAY INC.	COM	278642103	252	3,588	SH		SOLE		3,588	0	0
ENERGY TRANSFER L P	COM UT LTD PTN	29273V100	4,472	420,698	SH		SOLE		417,848	0	2,850
ENTERPRISE PRODS PARTNERS L	COM	293792107	4,896	202,892	SH		SOLE		201,675	0	1,217
EVEREST RE GROUP LTD	COM	G3223R108	900	3,573	SH		SOLE		3,573	0	0
EXXON MOBIL CORP	COM	30231G102	417	6,612	SH		SOLE		6,612	0	0
FACEBOOK INC	CL A	30303M102	2,049	5,894	SH		SOLE		5,894	0	0
FIFTH THIRD BANCORP	COM	316773100	259	6,783	SH		SOLE		6,783	0	0
FIRST EAGLE ALTR CAP BDC INC	COM	26943B100	148	32,500	SH		SOLE		32,500	0	0
FISERV INC	COM	337738108	2,158	20,185	SH		SOLE		20,185	0	0
FORTRESS TRANS INFRST INVS L	COM REP LTD LIAB	34960P101	8,544	254,676	SH		SOLE		253,546	0	1,130
FREEPORT-MCMORAN INC	CL B	35671D857	2,645	71,285	SH		SOLE		71,285	0	0
GENERAL ELECTRIC CO	COM	369604103	251	18,676	SH		SOLE		18,676	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	2,386	59,919	SH		SOLE		59,919	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	258	681	SH		SOLE		681	0	0
H & E EQUIPMENT SERVICES INC	COM	404030108	658	19,779	SH		SOLE		19,779	0	0
HANNON ARMSTRONG SUST INFR C	COM	41068X100	316	5,625	SH		SOLE		5,625	0	0
HERCULES CAPITAL INC	COM	427096508	8,599	504,059	SH		SOLE		501,901	0	2,158
HOME DEPOT INC	COM	437076102	1,199	3,761	SH		SOLE		3,761	0	0
HONEYWELL INTL INC	COM	438516106	234	1,066	SH		SOLE		1,066	0	0
INTEL CORP	COM	458140100	2,443	43,520	SH		SOLE		43,520	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	7,453	50,842	SH		SOLE		50,647	0	195
INTERPUBLIC GROUP COS INC	COM	460690100	6,608	203,387	SH		SOLE		202,397	0	990
INVESCO EXCHANGE TRADED FD T	S&P500 EQL WGT	46137V357	400	2,656	SH		SOLE		2,656	0	0
IRON MTN INC NEW	COM	46284V101	8,108	191,583	SH		SOLE		190,759	0	824
ISHARES TR	CORE S&P SCP ETF	464287804	251	2,219	SH		SOLE		2,219	0	0
ISHARES TR	MSCI EAFE ETF	464287465	897	11,371	SH		SOLE		11,371	0	0
ISHARES TR	RUS MID CAP ETF	464287499	2,525	31,862	SH		SOLE		31,862	0	0
JOHNSON & JOHNSON	COM	478160104	1,426	8,658	SH		SOLE		8,658	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,474	9,476	SH		SOLE		9,476	0	0
KB FINL GROUP INC	SPONSORED ADR	48241A105	2,990	60,657	SH		SOLE		60,657	0	0
KIMBERLY-CLARK CORP	COM	494368103	384	2,869	SH		SOLE		2,869	0	0
KINDER MORGAN INC DEL	COM	49456B101	2,627	144,119	SH		SOLE		144,119	0	0
KRAFT HEINZ CO	COM	500754106	338	8,300	SH		SOLE		8,300	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	516	1,872	SH		SOLE		1,872	0	0
LAZARD LTD	SHS A	G54050102	1,010	22,310	SH		SOLE		22,310	0	0
LIFE STORAGE INC	COM	53223X107	360	3,350	SH		SOLE		3,350	0	0
LILLY ELI & CO	COM	532457108	1,029	4,483	SH		SOLE		4,483	0	0
LOCKHEED MARTIN CORP	COM	539830109	636	1,682	SH		SOLE		1,682	0	0
LOWES COS INC	COM	548661107	939	4,839	SH		SOLE		4,839	0	0
LUMEN TECHNOLOGIES INC	COM	550241103	8,134	598,543	SH		SOLE		598,543	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	5,302	108,411	SH		SOLE		107,673	0	738
MARRIOTT INTL INC NEW	CL A	571903202	1,702	12,469	SH		SOLE		12,469	0	0
MATERION CORP	COM	576690101	1,591	21,119	SH		SOLE		21,119	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	7,276	82,382	SH		SOLE		82,382	0	0
MCDONALDS CORP	COM	580135101	360	1,558	SH		SOLE		1,558	0	0
MCKESSON CORP	COM	58155Q103	340	1,779	SH		SOLE		1,779	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	5,940	295,515	SH		SOLE		294,120	0	1,395
MEDTRONIC PLC	SHS	G5960L103	1,586	12,776	SH		SOLE		12,776	0	0
MERCK & CO INC	COM	58933Y105	979	12,593	SH		SOLE		12,593	0	0
MGM GROWTH PPTYS LLC	CL A COM	55303A105	1,017	27,785	SH		SOLE		27,785	0	0
MICROSOFT CORP	COM	594918104	2,402	8,868	SH		SOLE		8,868	0	0
MILESTONE SCIENTIFIC INC	COM NEW	59935P209	99	40,500	SH		SOLE		40,500	0	0
MSA SAFETY INC	COM	553498106	420	2,535	SH		SOLE		2,535	0	0
NATIONAL GRID PLC	SPONSORED ADR NE	636274409	1,186	18,552	SH		SOLE		18,552	0	0
NATIONAL RETAIL PROPERTIES I	COM	637417106	5,884	125,509	SH		SOLE		124,949	0	560
NATIONAL STORAGE AFFILIATES	COM SHS BEN IN	637870106	550	10,875	SH		SOLE		10,875	0	0
NAVIENT CORPORATION	COM	63938C108	8,285	428,620	SH		SOLE		426,675	0	1,945
NEW YORK CMNTY BANCORP INC	COM	649445103	6,851	621,733	SH		SOLE		618,928	0	2,805
NEWMONT CORP	COM	651639106	247	3,902	SH		SOLE		3,902	0	0
NEXTERA ENERGY INC	COM	65339F101	713	9,725	SH		SOLE		9,725	0	0
NEXTERA ENERGY PARTNERS LP	COM UNIT PART IN	65341B106	818	10,718	SH		SOLE		10,718	0	0
NIKE INC	CL B	654106103	714	4,623	SH		SOLE		4,623	0	0
NORTHROP GRUMMAN CORP	COM	666807102	1,899	5,225	SH		SOLE		5,225	0	0
NUTRIEN LTD	COM	67077M108	417	6,875	SH		SOLE		6,875	0	0
ONEOK INC NEW	COM	682680103	2,223	39,958	SH		SOLE		39,958	0	0
ORACLE CORP	COM	68389X105	258	3,311	SH		SOLE		3,311	0	0
ORIX CORP	SPONSORED ADR	686330101	1,806	21,332	SH		SOLE		21,332	0	0
PACWEST BANCORP DEL	COM	695263103	3,477	84,475	SH		SOLE		83,480	0	995
PALO ALTO NETWORKS INC	COM	697435105	1,764	4,754	SH		SOLE		4,754	0	0
PAYPAL HLDGS INC	COM	70450Y103	449	1,540	SH		SOLE		1,540	0	0
PEPSICO INC	COM	713448108	817	5,512	SH		SOLE		5,512	0	0
PFIZER INC	COM	717081103	8,722	222,727	SH		SOLE		221,752	0	975
PHILIP MORRIS INTL INC	COM	718172109	318	3,207	SH		SOLE		3,207	0	0
PPL CORP	COM	69351T106	5,048	180,487	SH		SOLE		179,632	0	855
PREFERRED APT CMNTYS INC	COM	74039L103	691	70,875	SH		SOLE		70,875	0	0
PROCTER AND GAMBLE CO	COM	742718109	1,413	10,475	SH		SOLE		10,475	0	0
PROLOGIS INC.	COM	74340W103	470	3,932	SH		SOLE		3,932	0	0
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	397	4,656	SH		SOLE		4,656	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	2,211	3,959	SH		SOLE		3,959	0	0
RIO TINTO PLC	SPONSORED ADR	767204100	3,744	44,624	SH		SOLE		44,624	0	0
ROSS STORES INC	COM	778296103	1,414	11,403	SH		SOLE		11,403	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	1,227	31,610	SH		SOLE		31,610	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	7,439	408,738	SH		SOLE		406,881	0	1,858
SALESFORCE COM INC	COM	79466L302	262	1,072	SH		SOLE		1,072	0	0
SANDY SPRING BANCORP INC	COM	800363103	819	18,567	SH		SOLE		18,567	0	0
SCHWAB CHARLES CORP	COM	808513105	1,322	18,160	SH		SOLE		18,160	0	0
SEAGATE TECHNOLOGY HLDNGS PL	ORD SHS	G7997R103	536	6,099	SH		SOLE		6,099	0	0
SELECT SECTOR SPDR TR	FINANCIAL	81369Y605	260	7,100	SH		SOLE		7,100	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	574	4,560	SH		SOLE		4,560	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	492	4,800	SH		SOLE		4,800	0	0
SEMPRA ENERGY	COM	816851109	518	3,912	SH		SOLE		3,912	0	0
SENSEONICS HLDGS INC	COM	81727U105	240	62,500	SH		SOLE		62,500	0	0
SHORE BANCSHARES INC	COM	825107105	807	48,203	SH		SOLE		48,203	0	0
SL GREEN RLTY CORP	COM	78440X804	6,254	78,172	SH		SOLE		77,833	0	339
SONY GROUP CORPORATION	SPONSORED ADR	835699307	349	3,592	SH		SOLE		3,592	0	0
SPDR INDEX SHS FDS	PORTFOLIO EMG MK	78463X509	462	10,160	SH		SOLE		10,160	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,099	2,567	SH		SOLE		2,567	0	0
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	2,491	5,073	SH		SOLE		5,073	0	0
STARWOOD PPTY TR INC	COM	85571B105	376	14,375	SH		SOLE		14,375	0	0
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	2,298	333,516	SH		SOLE		333,516	0	0
SUNRUN INC	COM	86771W105	704	12,625	SH		SOLE		12,625	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	1,249	10,395	SH		SOLE		10,395	0	0
TEMPLETON GLOBAL INCOME FD	COM	880198106	154	27,500	SH		SOLE		27,500	0	0
TERADYNE INC	COM	880770102	824	6,154	SH		SOLE		6,154	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	1,890	3,747	SH		SOLE		3,747	0	0
TOTALENERGIES SE	SPONSORED ADS	89151E109	2,275	50,260	SH		SOLE		50,260	0	0
TOYOTA MOTOR CORP	SP ADR REP2COM	892331307	2,465	14,101	SH		SOLE		14,101	0	0
TRANE TECHNOLOGIES PLC	SHS	G8994E103	390	2,120	SH		SOLE		2,120	0	0
UMPQUA HLDGS CORP	COM	904214103	8,058	436,771	SH		SOLE		434,551	0	2,220
UNILEVER PLC	SPON ADR NEW	904767704	2,518	43,049	SH		SOLE		43,049	0	0
UNION PAC CORP	COM	907818108	1,013	4,604	SH		SOLE		4,604	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	549	2,640	SH		SOLE		2,640	0	0
UNITED RENTALS INC	COM	911363109	2,490	7,804	SH		SOLE		7,804	0	0
UNUM GROUP	COM	91529Y106	6,448	227,027	SH		SOLE		225,987	0	1,040
US BANCORP DEL	COM NEW	902973304	292	5,125	SH		SOLE		5,125	0	0
VANECK VECTORS ETF TR	BDC INCOME ETF	92189F411	257	15,000	SH		SOLE		15,000	0	0
VANECK VECTORS ETF TR	MTG REIT INCOME	92189F452	298	15,000	SH		SOLE		15,000	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	1,266	5,335	SH		SOLE		5,335	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	6,004	26,652	SH		SOLE		26,652	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	912	14,382	SH		SOLE		14,382	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,930	35,529	SH		SOLE		35,529	0	0
VANGUARD TAX-MANAGED INTL FD	FTSE DEV MKT ETF	921943858	531	10,298	SH		SOLE		10,298	0	0
VANGUARD WHITEHALL FDS	HIGH DIV YLD	921946406	215	2,056	SH		SOLE		2,056	0	0
VANGUARD WORLD FD	EXTENDED DUR	921910709	326	2,410	SH		SOLE		2,410	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	399	1,000	SH		SOLE		1,000	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	6,974	124,466	SH		SOLE		124,108	0	359
VIACOMCBS INC	CL B	92556H206	8,566	189,504	SH		SOLE		188,819	0	685
VMWARE INC	CL A COM	928563402	869	5,431	SH		SOLE		5,431	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	423	8,035	SH		SOLE		8,035	0	0
WESTERN ASSET HIGH INCOME OP	COM	95766K109	768	145,500	SH		SOLE		145,500	0	0
WESTERN ASSET HIGH YIELD DEF	COM	95768B107	530	33,750	SH		SOLE		33,750	0	0
WESTROCK CO	COM	96145D105	266	5,000	SH		SOLE		5,000	0	0
WILLIAMS COS INC	COM	969457100	2,134	80,361	SH		SOLE		80,361	0	0
XCEL ENERGY INC	COM	98389B100	290	4,400	SH		SOLE		4,400	0	0
XPO LOGISTICS INC	COM	983793100	2,114	15,112	SH		SOLE		15,112	0	0
ZIMMER BIOMET HOLDINGS INC	COM	98956P102	1,406	8,745	SH		SOLE		8,745	0	0