Magnolia Capital Advisors 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
Expires:	Oct 31, 2018
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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
AIR PRODUCTS & CHEMICALS INCORPORATED	Equity	009158106	318	1,595	SH		SOLE		0	0	1,595
ALPHABET INCORPORATED CAP STK CLASS A	Equity	02079K305	425	366	SH		SOLE		0	0	366
ALTRIA GROUP INCORPORATED	Equity	02209S103	413	10,685	SH		SOLE		0	0	10,685
AMAZON COM INCORPORATED	Equity	023135106	1,117	573	SH		SOLE		0	0	573
APPLE INCORPORATED	Equity	037833100	2,130	8,375	SH		SOLE		0	0	8,375
AT&T INCORPORATED	Equity	00206R102	857	29,396	SH		SOLE		0	0	29,396
BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW	Equity	084670702	1,117	6,111	SH		SOLE		0	0	6,111
BGC PARTNERS INCORPORATED CLASS A	Equity	05541T101	124	49,320	SH		SOLE		0	0	49,320
BP PLC SPONSORED ADR	Equity	055622104	288	11,812	SH		SOLE		0	0	11,812
CHEVRON CORPORATION NEW	Equity	166764100	752	10,375	SH		SOLE		0	0	10,375
CHUBB LIMITED	Equity	H1467J104	260	2,327	SH		SOLE		0	0	2,327
CISCO SYSTEMS INCORPORATED	Equity	17275R102	290	7,381	SH		SOLE		0	0	7,381
CITIZENS HLDG COMPANY MISS	Equity	174715102	3,700	183,884	SH		SOLE		0	0	183,884
CME GROUP INCORPORATED	Equity	12572Q105	350	2,025	SH		SOLE		0	0	2,025
COCA COLA COMPANY	Equity	191216100	251	5,669	SH		SOLE		0	0	5,669
COMCAST CORPORATION NEW CLASS A	Equity	20030N101	263	7,653	SH		SOLE		0	0	7,653
COVANTA HLDG CORPORATION	Equity	22282E102	125	14,574	SH		SOLE		0	0	14,574
CROWN CASTLE INTERNATIONAL CORPORATION NEW REIT	Equity	22822V101	313	2,168	SH		SOLE		0	0	2,168
DANAHER CORPORATION	Equity	235851102	484	3,500	SH		SOLE		0	0	3,500
DISNEY WALT COMPANY COM DISNEY	Equity	254687106	230	2,379	SH		SOLE		0	0	2,379
EASTGROUP PROPERTY INCORPORATED REIT	Equity	277276101	2,238	21,423	SH		SOLE		0	0	21,423
EATON CORPORATION PLC SHS	Equity	G29183103	297	3,827	SH		SOLE		0	0	3,827
ENERGY TRANSFER LP COM UT LTD PTN	Equity	29273V100	108	23,490	SH		SOLE		0	0	23,490
EXXON MOBIL CORPORATION	Equity	30231G102	240	6,315	SH		SOLE		0	0	6,315
FACEBOOK INCORPORATED CLASS A	Equity	30303M102	270	1,621	SH		SOLE		0	0	1,621
FIDUS INVT CORPORATION	Equity	316500107	129	19,464	SH		SOLE		0	0	19,464
GARMIN LIMITED SHS	Equity	H2906T109	295	3,937	SH		SOLE		0	0	3,937
GRAN TIERRA ENERGY INCORPORATED	Equity	38500T101	3	10,000	SH		SOLE		0	0	10,000
HOME DEPOT INCORPORATED	Equity	437076102	339	1,813	SH		SOLE		0	0	1,813
IAMGOLD CORPORATION	Equity	450913108	243	107,000	SH		SOLE		0	0	107,000
IMMUNE THERAPEUTICS INCORPORATED FLA	Equity	45252A107	0	23,000	SH		SOLE		0	0	23,000
INVESCO S&P 500 EQUAL WEIGHT ETF	Equity	46137V357	227	2,705	SH		SOLE		0	0	2,705
ISHARES INCORPORATED CORE MSCI EMKT	Equity	46434G103	477	11,791	SH		SOLE		0	0	11,791
ISHARES TR CORE MSCI EAFE	Equity	46432F842	1,160	23,261	SH		SOLE		0	0	23,261
ISHARES TR CORE MSCI TOTAL	Equity	46432F834	614	13,067	SH		SOLE		0	0	13,067
ISHARES TR CORE S&P MCP ETF	Equity	464287507	857	5,957	SH		SOLE		0	0	5,957
ISHARES TR CORE S&P SCP ETF	REITs/Tangibles/LPs	464287804	1,165	20,769	SH		SOLE		0	0	20,769
ISHARES TR CORE S&P TTL STK	Equity	464287150	1,023	17,876	SH		SOLE		0	0	17,876
ISHARES TR CORE S&P US GWT	Equity	464287671	728	12,752	SH		SOLE		0	0	12,752
ISHARES TR CORE S&P US VLU	Equity	464287663	654	14,157	SH		SOLE		0	0	14,157
ISHARES TR CORE S&P500 ETF	Equity	464287200	1,708	6,610	SH		SOLE		0	0	6,610
ISHARES TR CORE US AGGBD ET	Equity	464287226	8,461	73,342	SH		SOLE		0	0	73,342
ISHARES TR MSCI MIN VOL ETF	Equity	46429B697	1,629	30,162	SH		SOLE		0	0	30,162
ISHARES TR MULTIFACTOR INTL	Equity	46434V274	287	14,156	SH		SOLE		0	0	14,156
ISHARES TR MULTIFACTOR USA	Equity	46434V282	252	9,511	SH		SOLE		0	0	9,511
ISHARES TR RUS 1000 GRW ETF	Equity	464287614	268	1,781	SH		SOLE		0	0	1,781
ISHARES TR USA MOMENTUM FCT	Equity	46432F396	963	9,040	SH		SOLE		0	0	9,040
JOHNSON & JOHNSON	Equity	478160104	206	1,568	SH		SOLE		0	0	1,568
JPMORGAN CHASE & COMPANY	Equity	46625H100	563	6,251	SH		SOLE		0	0	6,251
LAUDER ESTEE COMPANIES INCORPORATED CLASS A	Equity	518439104	210	1,317	SH		SOLE		0	0	1,317
MEDTRONIC PLC SHS	Equity	G5960L103	273	3,022	SH		SOLE		0	0	3,022
MERCK & COMPANY. INCORPORATED	Equity	58933Y105	489	6,358	SH		SOLE		0	0	6,358
MICROSOFT CORPORATION	Equity	594918104	1,059	6,717	SH		SOLE		0	0	6,717
MOTOROLA SOLUTIONS INCORPORATED COM NEW	Equity	620076307	245	1,841	SH		SOLE		0	0	1,841
NORDIC AMERICAN TANKERS LIMITE	Equity	G65773106	382	84,389	SH		SOLE		0	0	84,389
NORTHERN DYNASTY MINERALS LIMITED COM NEW	Equity	66510M204	77	200,750	SH		SOLE		0	0	200,750
NUVEEN AMT FREE MUN CR INCORPORATED FD	Equity	67071L106	244	16,638	SH		SOLE		0	0	16,638
PFIZER INCORPORATED	Equity	717081103	595	18,243	SH		SOLE		0	0	18,243
PRECIGEN INCORPORATED	Equity	74017N105	115	33,738	SH		SOLE		0	0	33,738
PROSPECT CAP CORPORATION	Equity	74348T102	47	11,065	SH		SOLE		0	0	11,065
REGIONS FINANCIAL CORPORATION NEW	Equity	7591EP100	217	24,198	SH		SOLE		0	0	24,198
RENASANT CORPORATION	Equity	75970E107	806	36,888	SH		SOLE		0	0	36,888
SENSEONICS HLDGS INCORPORATED	Equity	81727U105	23	36,000	SH		SOLE		0	0	36,000
SINTANA ENERGY INCORPORATED NEW	Equity	82938H107	2	44,867	SH		SOLE		0	0	44,867
SIRIUS XM HLDGS INCORPORATED	Equity	82968B103	55	11,161	SH		SOLE		0	0	11,161
SOUTHERN COMPANY	Equity	842587107	730	13,488	SH		SOLE		0	0	13,488
SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING	Equity	78468R200	223	7,587	SH		SOLE		0	0	7,587
SPDR CONSUMER DISCRETIONARY SELECT SECTOR FUND	Equity	81369Y407	237	2,421	SH		SOLE		0	0	2,421
SPDR HEALTH CARE SELECT SECTOR FUND	Equity	81369Y209	227	2,559	SH		SOLE		0	0	2,559
SPDR PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF	Equity	78464A375	247	7,268	SH		SOLE		0	0	7,268
SPDR S&P 500 ETF	Equity	78462F103	469	1,818	SH		SOLE		0	0	1,818
SPDR S&P DIVIDEND ETF	Equity	78464A763	211	2,640	SH		SOLE		0	0	2,640
TITAN MED INCORPORATED COM NEW	Equity	88830X819	3	11,892	SH		SOLE		0	0	11,892
TRUSTMARK CORPORATION	Equity	898402102	303	12,998	SH		SOLE		0	0	12,998
UNION PAC CORPORATION	Equity	907818108	345	2,444	SH		SOLE		0	0	2,444
VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP ETF	Equity	922042718	225	2,877	SH		SOLE		0	0	2,877
VANGUARD FTSE DEVELOPED MARKETS ETF	Equity	921943858	235	7,037	SH		SOLE		0	0	7,037
VANGUARD FTSE EMERGING MARKETS ETF	Equity	922042858	331	9,871	SH		SOLE		0	0	9,871
VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW	Equity	922908363	2,116	8,933	SH		SOLE		0	0	8,933
VANGUARD SMALL-CAP ETF	Equity	922908751	228	1,977	SH		SOLE		0	0	1,977
VERIZON COMMUNICATIONS INCORPORATED	Equity	92343V104	510	9,499	SH		SOLE		0	0	9,499
WALMART INCORPORATED	Equity	931142103	487	4,284	SH		SOLE		0	0	4,284
WEYERHAEUSER COMPANY MTN BE	Equity	962166104	220	13,006	SH		SOLE		0	0	13,006
ZIOPHARM ONCOLOGY INCORPORATED	Equity	98973P101	225	91,685	SH		SOLE		0	0	91,685