# EDGAR Filing Document

**Accession Number:** 0001497362
**File Stem:** 0000910472-25-001805
**Filing Date:** 2025-9
**Character Count:** 15295
**Document Hash:** b1a2683139a355cda5d1acd73a9c5745
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-001805.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0000910472-25-001805

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pinnacle Capital Management Funds Trust
- **CENTRAL INDEX KEY:** 0001497362

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22445
- **FILM NUMBER:** 251354048

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### 1789 Growth and Income Fund (Series ID: S000030171)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000092837 | Class C Shares | PSECX           |
| C000127071 | Class P Shares | PSEPX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **1789 GROWTH AND INCOME FUND** | **1789 GROWTH AND INCOME FUND** | **1789 GROWTH AND INCOME FUND** |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |
| **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** |
| **COMMON STOCKS** **-** **95.7%** | **Shares** | **Value** |
| **Communications** **-** **3.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Advertising & Marketing - 3.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interpublic Group of Companies, Inc. (The) | 49350 | $1214010 |
| **Consumer Discretionary** **-** **4.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Discretionary - 4.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) | 4175 | 1534354 |
| **Consumer Staples** **-** **16.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Food - 10.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ingredion, Inc. | 13600 | 1788944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc. - Class A | 22425 | 1450673 |
|  |  | 3239617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Consumer Staples - 6.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kroger Company (The) | 27460 | 1924946 |
| **Financials** **-** **19.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Banking - 7.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company | 8100 | 2399544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Institutional Financial Services - 6.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CME Group, Inc. | 7450 | 2073186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Specialty Finance - 5.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Financial, Inc. | 31000 | 1749330 |
| **Health Care** **-** **4.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Medical Equipment & Devices - 4.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stryker Corporation | 3810 | 1496301 |
| **Industrials** **-** **16.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Aerospace & Defense - 4.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lockheed Martin Corporation | 3195 | 1345031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Commercial Support Services - 6.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Inc. | 8400 | 1937460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Transportation Equipment - 6.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cummins, Inc. | 5400 | 1985148 |

---

---

| | | |
|:---|:---|:---|
| **1789 GROWTH AND INCOME FUND** | **1789 GROWTH AND INCOME FUND** | **1789 GROWTH AND INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 95.7% (Continued)** | **Shares** | **Value** |
| **Materials** **-** **5.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Containers & Packaging - 5.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Packaging Corporation of America | 8500 | $1646875 |
| **Technology** **-** **19.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Semiconductors - 8.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | 9420 | 2766654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Software - 5.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | 3000 | 1600500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Technology Services - 5.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc. - Class A | 3320 | 1880681 |
| **Utilities** **-** **5.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Electric Utilities - 5.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy, Inc. | 22704 | 1613346 |
| **Total Common Stocks** (Cost $17,813,429) | **Total Common Stocks** (Cost $17,813,429) | $30406983 |
| **MONEY MARKET FUNDS** **-** **4.7%** | **Shares** | **Value** |
| Fidelity Institutional Money Market Government Portfolio - Class I, 4.22% <sup>(a)</sup> (Cost $1,483,879) | 1483879 | $1483879 |
| **Total Investments at Value - 100.4%** (Cost $19,297,308) | **Total Investments at Value - 100.4%** (Cost $19,297,308) | $31890862 |
| **Liabilities in Excess of Other Assets - (0.4%)** | **Liabilities in Excess of Other Assets - (0.4%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(126071) |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | $31764791 |

---

<sup>(a)</sup> The rate shown is the 7-day effective yield as of July 31, 2025.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Pinnacle Capital Management Funds Trust

- **b. Investment Company Act file number:** 811-22445

- **c. CIK number of Registrant:** 0001497362

- **d. LEI of Registrant:** 549300TLXC520WUKK760

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Limestone Plaza

  - **City:** Fayetteville

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 13066

  - **Telephone number:** 315-234-9716

**Item A.2. Information about the Series.**

- **a. Name of Series:** 1789 GROWTH AND INCOME FUND

- **b. EDGAR series identifier (if any):** S000030171

- **c. LEI of Series:** 549300TLXC520WUKK760

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $31897873.82

**Total Liabilities:** $133082.79

**Net Assets:** $31764791.03

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000092837 | 2.18%                | 0.67%                | -0.24%               |
| Class ID C000127071 | 3.25%                | 1.75%                | 0.84%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $1001861.29                                |
| Month 2  | $0.00                    | $451183.22                                 |
| Month 3  | $-437551.61              | $701897.83                                 |

### Schedule of Portfolio Investments

| Name                                     | Title                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Lockheed Martin Corporation              | Lockheed Martin Corporation                              | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      3195 | NS      | $1345031.10   | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                      | Stryker Corporation                                      | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      3810 | NS      | $1496301.30   | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| The Interpublic Group of Companies, Inc. | Interpublic Group of Companies, Inc. (The)               | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |     49350 | NS      | $1214010.00   | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                  | Mastercard, Inc. Class A                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3320 | NS      | $1880680.40   | 5.92%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kroger Co.                           | Kroger Company (The)                                     | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     27460 | NS      | $1924946.00   | 6.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.             | Mondelez International, Inc. Class A                     | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     22425 | NS      | $1450673.25   | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corporation of America         | Packaging Corporation of America                         | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      8500 | NS      | $1646875.00   | 5.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Incorporated                   | Ingredion, Inc.                                          | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     13600 | NS      | $1788944.00   | 5.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                  | Republic Services, Inc.                                  | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      8400 | NS      | $1937460.00   | 6.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                          | Home Depot, Inc. (The)                                   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      4175 | NS      | $1534354.25   | 4.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust         | Fidelity Institutional Money Market Government Portfolio | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   1483879 | PA      | $1483878.75   | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                             | Cummins, Inc.                                            | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      5400 | NS      | $1985148.00   | 6.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                             | Broadcom, Inc.                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      9420 | NS      | $2766654.00   | 8.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                          | Microsoft Corporation                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3000 | NS      | $1600500.00   | 5.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial, Inc.        | Fidelity National Financial, Inc.                        | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     31000 | NS      | $1749330.00   | 5.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                       | NextEra Energy, Inc.                                     | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     22704 | NS      | $1613346.24   | 5.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                     | JPMorgan Chase & Company                                 | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      8100 | NS      | $2399544.00   | 7.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                           | CME Group, Inc.                                          | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      7450 | NS      | $2073186.00   | 6.53%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** Pinnacle Capital Management

**Signature:** Sarah Criger

**Name of Signer:** Sarah Criger

**Title:** VP, Fund Accounting