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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 SELECT SECTOR SPDR TR 4,708,626 91,912 7.69%
2 Ishares - Japan 3,784,349 46,774 3.91%
3 CLAYMORE ETF GUGGENHEIM ENHANCED 1,925,842 96,610 8.08%
4 ISHARES INC 1,457,508 22,154 1.85%
5 ISHARES GOLD TRUST 1,424,100 17,231 1.44%
6 SELECT SECTOR SPDR TR 1,396,432 73,103 6.12%
7 ISHARES 1,370,252 46,273 3.87%
8 ISHARES TR 1,217,886 144,027 12.05%
9 SELECT SECTOR SPDR TR 1,179,792 67,401 5.64%
10 SELECT SECTOR SPDR TR 1,028,154 81,501 6.82%
11 IPATH BLOOMBERG COMMODITY INDEX TOTAL RETURN ETN 984,997 23,265 1.95%
12 PIMCO ETF TR 781,931 79,248 6.63%
13 ISHARES 20 YEAR TREASURY BOND ETF 627,839 83,477 6.98%
14 SELECT SECTOR SPDR TR 622,536 43,951 3.68%
15 SELECT SECTOR SPDR TR 480,627 22,305 1.87%
16 SCHWAB INTERNATIONAL EQUITY ETF 459,306 25,932 2.17%
17 VANGUARD WORLD FD 438,464 56,487 4.73%
18 WISDOMTREE TR 434,097 23,341 1.95%
19 VEECO INSTRS INC DEL COM 259,927 5,635 0.47%
20 ETFS GOLD TR 241,457 29,477 2.47%
21 ISHARES 7-10 YEAR TREASURY BOND ETF 225,858 24,916 2.08%
22 SPDR SERIES TR 200,350 9,917 0.83%
23 Spdr Ser Tr Nuveen Barcl 97,405 4,736 0.40%
24 SCHWAB U.S. LARGE-CAP VALUE ETF 75,948 3,415 0.29%
25 SCHWAB U.S. LARGE-CAP ETF 68,357 3,482 0.29%
26 TCW STRATEGIC INCOME FD INC 60,795 323 0.03%
27 ISHARES TR 47,146 5,918 0.50%
28 SCHWAB EMERGING MARKETS EQUITY ETF 37,332 857 0.07%
29 SCHWAB U.S. LARGE-CAP GROWTH ETF 34,910 1,913 0.16%
30 VANGUARD WORLD FDS 32,697 1,631 0.14%
31 SABINE ROYALTY TR 32,559 1,209 0.10%
32 SCHWAB SHORT-TERM US TREASURY ETF 31,642 1,602 0.13%
33 SCHWAB U.S. SMALL-CAP ETF 30,828 1,743 0.15%
34 AT&T INC 29,750 1,170 0.10%
35 SELECT SECTOR SPDR TR 29,120 2,040 0.17%
36 BANK AMER CORP 27,119 434 0.04%
37 SELECT SECTOR SPDR TR 25,934 1,230 0.10%
38 GENERAL ELECTRIC CO 23,265 672 0.06%
39 EXXON MOBIL CORP 22,003 1,917 0.16%
40 CIBER INC 19,434 21 0.00%
41 MICROSOFT CORP 18,223 1,040 0.09%
42 VERIZON COMMUNICATIONS INC 18,039 907 0.08%
43 SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF 17,431 522 0.04%
44 VANGUARD BD INDEX FDS 17,079 1,374 0.11%
45 UBS AG JERSEY BRH 15,955 216 0.02%
46 ISHARES TR 15,069 3,238 0.27%
47 FORD MTR CO DEL 14,894 178 0.01%
48 VANGUARD WORLD FD 14,106 1,684 0.14%
49 BROOKFIELD TOTAL RETURN FD I 13,955 309 0.03%
50 CIENA CORP 13,904 291 0.02%
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