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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 (2016Q3)
Original 13F HR (0001504404-16-000013) filed in 2016.10.24
#
Name
Shares
Value ($)
%
Options
Notes
1 ISHARES TR 1,217,886 144,027 12.05%
2 GUGGENHEIM ENHANCED SHORT DURATION ETF 1,925,842 96,610 8.08%
3 SELECT SECTOR SPDR TR 4,708,626 91,912 7.69%
4 ISHARES TR 627,839 83,477 6.98%
5 SELECT SECTOR SPDR TR 1,028,154 81,501 6.82%
6 PIMCO ETF TR 781,931 79,248 6.63%
7 SELECT SECTOR SPDR TR 1,396,432 73,103 6.12%
8 SELECT SECTOR SPDR TR 1,179,792 67,401 5.64%
9 VANGUARD WORLD FDS 438,464 56,487 4.73%
10 iShares MSCI Japan ETF 3,784,349 46,774 3.91%
11 ISHARES INC MSCI EURZONE ETF 1,370,252 46,273 3.87%
12 SELECT SECTOR SPDR TR 622,536 43,951 3.68%
13 ETFS GOLD TR 241,457 29,477 2.47%
14 SCHWAB INTERNATIONAL EQUITY ETF 459,306 25,932 2.17%
15 ISHARES 7-10 YEAR TREASURY BOND ETF 225,858 24,916 2.08%
16 WISDOMTREE TR 434,097 23,341 1.95%
17 IPATH BLOOMBERG COMMODITY INDEX TOTAL RETURN ETN 984,997 23,265 1.95%
18 SELECT SECTOR SPDR TR 480,627 22,305 1.87%
19 ISHARES INC 1,457,508 22,154 1.85%
20 ISHARES GOLD TRUST ISHARES ETF 1,424,100 17,231 1.44%
21 SPDR NUVEEN BARCLAYS MUNI BOND ETF 200,350 9,917 0.83%
22 ISHARES TR 47,146 5,918 0.50%
23 VEECO INSTRS INC DEL COM 259,927 5,635 0.47%
24 SPDR NUVEEN BARLCAYS SOHRT TER 97,405 4,736 0.40%
25 SCHWAB U.S. LARGE-CAP ETF 68,357 3,482 0.29%
26 SCHWAB U.S. LARGE-CAP VALUE ETF 75,948 3,415 0.29%
27 ISHARES TR 15,069 3,238 0.27%
28 SELECT SECTOR SPDR TR 29,120 2,040 0.17%
29 ISHARES NASDAQ BIOTECHNOLOGY ETF 2,435 1,976 0.17%
30 EXXON MOBIL CORP 22,003 1,917 0.16%
31 SCHWAB U.S. LARGE-CAP GROWTH ETF 34,910 1,913 0.16%
32 SCHWAB U.S. SMALL-CAP ETF 30,828 1,743 0.15%
33 VANGUARD WORLD FD 14,106 1,684 0.14%
34 VANGUARD WORLD FDS 32,697 1,631 0.14%
35 SCHWAB SHORT-TERM US TREASURY ETF 31,642 1,602 0.13%
36 VANGUARD BD INDEX FDS 17,079 1,374 0.11%
37 ISHARES TR 12,550 1,288 0.11%
38 JOHNSON & JOHNSON 10,584 1,248 0.10%
39 SELECT SECTOR SPDR TR 25,934 1,230 0.10%
40 SABINE ROYALTY TR 32,559 1,209 0.10%
41 AT&T INC 29,750 1,170 0.10%
42 ISHARES TR 10,696 1,117 0.09%
43 ISHARES TR 9,569 1,052 0.09%
44 MICROSOFT CORP 18,223 1,040 0.09%
45 ISHARES TR 6,822 994 0.08%
46 RYDEX ETF TRUST 9,002 929 0.08%
47 VERIZON COMMUNICATIONS INC 18,039 907 0.08%
48 PROCTOR & GAMBLE 10,096 894 0.07%
49 ISHARES TR 7,881 863 0.07%
50 SCHWAB EMERGING MARKETS EQUITY ETF 37,332 857 0.07%
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