Dark
Light
System
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
51 BERKSHIRE HATHAWAY INC DEL 5,449 789 0.07%
52 DOMINION ENERGY INC 10,237 738 0.06%
53 SCHWAB INTERMEDIATE-TERM US TREASURY ETF 13,093 720 0.06%
54 INTERNATIONAL BUSINESS MACHS 4,625 713 0.06%
55 CVS HEALTH CORP 7,849 686 0.06%
56 ISHARES TR 6,158 685 0.06%
57 GENERAL ELECTRIC CO 23,265 672 0.06%
58 ISHARES TR 2,420 653 0.05%
59 MCCORMICK & CO INC 6,798 641 0.05%
60 VANGUARD WORLD FDS 5,032 626 0.05%
61 VANGUARD INDEX FDS 5,593 614 0.05%
62 ISHARES TRUST US HLTHCR PR ETF 4,787 575 0.05%
63 SPDR SERIES TRUST 7,488 568 0.05%
64 AMGEN INC 3,429 562 0.05%
65 AMERICAN ELEC PWR INC 8,987 557 0.05%
66 SPDR S&P 500 ETF TR 2,570 549 0.05%
67 SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF 17,431 522 0.04%
68 NEXTERA ENERGY INC 4,148 510 0.04%
69 ISHARES RUSSELL 2000 VALUE ETF 4,749 490 0.04%
70 POWERSHARES QQQ TRUST 4,031 473 0.04%
71 SELECT SECTOR SPDR TR 9,362 444 0.04%
72 CHEVRON CORP NEW 4,308 440 0.04%
73 ALTRIA GROUP INC 6,991 437 0.04%
74 BANK AMER CORP 27,119 434 0.04%
75 SOUTHERN CO 8,527 426 0.04%
76 PHILIP MORRIS INTL INC 4,321 415 0.03%
77 ISHARES TR 3,387 414 0.03%
78 MCCORMICK CO INC 4,256 398 0.03%
79 BLACKSTONE MTG TR INC 13,815 394 0.03%
80 COLGATE PALMOLIVE CO 5,392 390 0.03%
81 Spectra Energy Corp Com 8,960 378 0.03%
82 ISHARES TR 2,585 375 0.03%
83 ISHARES TR 2,957 362 0.03%
84 JPMORGAN CHASE & CO 5,300 361 0.03%
85 COMMUNITY BK SYS INC COM 7,488 359 0.03%
86 MAGELLAN MIDSTREAM PRTNRS LP 4,739 334 0.03%
87 DISNEY WALT CO 3,650 333 0.03%
88 ISHARES TR 2,734 328 0.03%
89 TCW STRATEGIC INCOME FD INC 60,795 323 0.03%
90 POWERSHARES ETF TR II 10,559 317 0.03%
91 INTEL CORP 8,539 317 0.03%
92 MERCK & CO INC 5,110 315 0.03%
93 CHOICE HOTELS INTL NEW 7,063 313 0.03%
94 BROOKFIELD TOTAL RETURN FD I 13,955 309 0.03%
95 MONDELEZ INTL INC 7,194 305 0.03%
96 ISHARES TR 2,748 303 0.03%
97 PFIZER INC 9,165 303 0.03%
98 PIMCO ETF TR 5,527 300 0.03%
99 VANGUARD WHITEHALL FDS 4,190 298 0.02%
100 ISHARES TR 1,941 295 0.02%
Page 2 of 3