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Institutional Investment Manager
Pinnacle Advisory Group, Inc.
Pinnacle Advisory Group, Inc. (CIK: 0001504404) incorporated in Maryland, located at 6345 Woodside Court, Columbia, MD. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q2)
Original 13F HR (0001504404-14-000006) filed in 2014.07.23
#
Name
Shares
Value ($)
%
Options
Notes
1 SELECT SECTOR SPDR TR 5,174,802 117,675 13.81%
2 SELECT SECTOR SPDR TR 1,454,417 64,896 7.62%
3 CLAYMORE ETF GUGGENHEIM ENHANCED 1,266,095 63,709 7.48%
4 UBS AG JERSEY BRH 1,170,388 25,289 2.97%
5 SELECT SECTOR SPDR TR 735,124 39,740 4.66%
6 ISHARES TR 729,081 70,633 8.29%
7 RYDEX ETF TRUST 652,288 54,655 6.41%
8 SELECT SECTOR SPDR TR 646,571 43,152 5.06%
9 WISDOMTREE TR 553,466 28,044 3.29%
10 ISHARES TR 423,435 36,584 4.29%
11 SELECT SECTOR SPDR TR 403,692 40,409 4.74%
12 BARCLAYS BANK PLC 367,517 17,872 2.10%
13 SPDR SERIES TR 352,110 8,337 0.98%
14 ISHARES 20 YEAR TREASURY BOND ETF 299,507 34,000 3.99%
15 GUGGENHEIM BULLETSHARES 2015 CORPORATE BOND ETF 292,642 6,408 0.75%
16 ISHARES TRUST US HLTHCR PR ETF 283,885 29,189 3.43%
17 ISHARES TR 268,583 27,400 3.22%
18 VANGUARD WORLD FD 249,794 27,884 3.27%
19 CLAYMORE EXCHANGE TRD FD TR 239,586 5,484 0.64%
20 CTPartners Executive Search Inc 229,580 2,146 0.25%
21 ISHARES TR 216,612 23,534 2.76%
22 UBS AG JERSEY BRH 208,010 5,526 0.65%
23 Spdr Ser Tr Nuveen Barcl 205,653 5,003 0.59%
24 SANDSTORM GOLD LTD 150,000 81 0.01%
25 ISHARES TR 117,928 9,972 1.17%
26 SANDSTORM GOLD LTD 72,900 87 0.01%
27 SELECT SECTOR SPDR TR 49,099 2,173 0.26%
28 iShares 2014 S&P AMT-Free Muni 40,645 2,079 0.24%
29 ISHARES TR 38,169 1,339 0.16%
30 SELECT SECTOR SPDR TR 37,153 2,260 0.27%
31 INTEL CORP 33,656 1,039 0.12%
32 POWERSHARES ETF WILDER HILL CLEAN ENERGY PORTFOLIO 33,460 230 0.03%
33 SPDR S&P 500 ETF TR 30,123 5,895 0.69%
34 POWERSHARES DYNAMIC 27,750 625 0.07%
35 INTERSECTIONS INC COM 27,294 134 0.02%
36 POWERSHARES ETF TR II 26,835 662 0.08%
37 COCA COLA CO 26,199 1,109 0.13%
38 SPDR SER TR 24,959 1,966 0.23%
39 EXXON MOBIL CORP 24,448 2,461 0.29%
40 GLOBAL X FDS 22,964 516 0.06%
41 GENERAL ELECTRIC CO 22,696 596 0.07%
42 ISHARES TR 21,112 1,815 0.21%
43 WISDOMTREE TR 20,414 1,007 0.12%
44 SPDR SERIES TRUST 19,500 823 0.10%
45 CIBER INC 19,434 96 0.01%
46 ISHARES TR 16,031 2,165 0.25%
47 SPDR SERIES TRUST 15,966 1,024 0.12%
48 POWERSHARES ETF TRUST 15,725 577 0.07%
49 CISCO SYS INC 15,690 389 0.05%
50 SCHWAB CHARLES CORP 14,931 173 0.02%
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