Pinnacle Advisory Group

Pinnacle Advisory as of March 31, 2014

Portfolio Holdings for Pinnacle Advisory

Pinnacle Advisory holds 106 positions in its portfolio as reported in the March 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Consumer Staples Select Sect. SPDR (XLP) 8.4 $84M 2.0M 43.06
Schwab Strategic Tr intrm trm (SCHR) 8.1 $81M 1.5M 52.55
iShares MSCI EMU Index (EZU) 7.4 $75M 1.8M 42.27
Vanguard Health Care ETF (VHT) 7.4 $74M 696k 106.92
Financial Select Sector SPDR (XLF) 6.6 $66M 3.0M 22.34
Rydex S&P Equal Weight Technology 6.2 $63M 782k 80.24
Consumer Discretionary SPDR (XLY) 5.9 $59M 910k 64.72
Clyme US Cptl Mkts Mco Trm Fxd Idx 4.8 $48M 959k 50.26
Energy Select Sector SPDR (XLE) 4.4 $44M 493k 89.06
Industrial SPDR (XLI) 3.7 $37M 704k 52.33
iShares S&P NA Tec.-SW. Idx. Fund (IGV) 3.6 $36M 429k 83.26
iShares Lehman 7-10 Yr Treas. Bond (IEF) 3.5 $36M 350k 101.73
iShares S&P NA Tec. Semi. Idx (SOXX) 3.4 $34M 421k 79.69
WisdomTree Japan Total Dividend (DXJ) 3.1 $31M 655k 47.34
SPDR KBW Regional Banking (KRE) 2.9 $29M 690k 41.38
iShares MSCI United Kingdom Index 2.4 $24M 1.2M 20.59
Utilities SPDR (XLU) 2.3 $23M 562k 41.46
Ubs Ag Jersey Brh fund 2.3 $23M 1.1M 21.28
Db-x Msci Japan Etf equity (DBJP) 2.1 $21M 592k 35.36
SPDR Barclays Capital Inter Term (SPTI) 1.0 $9.6M 162k 59.34
Arch Capital Group (ACGL) 0.9 $9.5M 165k 57.53
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.8 $8.2M 97k 84.45
PowerShares Dynamic Software 0.8 $8.2M 228k 35.82
SPDR Nuveen Barclays Capital Municpl Bnd 0.8 $7.9M 340k 23.25
Guggenheim Bulletshar 0.6 $6.2M 285k 21.89
Spdr S&p 500 Etf (SPY) 0.6 $5.7M 31k 187.01
First Trust Ind/Prod AlphaDEX (FXR) 0.5 $5.1M 172k 29.50
Claymore Exchange Trd Fd Tr gugg shippng etf 0.5 $5.0M 231k 21.85
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 0.4 $4.4M 181k 24.26
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.4 $3.6M 30k 120.68
CTPartners Executive Search (CTPR) 0.3 $2.6M 237k 10.85
Exxon Mobil Corporation (XOM) 0.2 $2.2M 22k 97.66
Health Care SPDR (XLV) 0.2 $2.2M 38k 58.49
iShares 2014 S&P AMT-Free Mun Ser ETF 0.2 $2.1M 42k 51.23
SPDR S&P MidCap 400 ETF (MDY) 0.2 $1.6M 8.2k 200.93
iShares Russell 2000 Index (IWM) 0.1 $1.4M 12k 116.30
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.1 $1.2M 11k 108.47
SPDR KBW Insurance (KIE) 0.1 $1.2M 19k 61.63
Rydex Russell Top 50 ETF 0.1 $1.1M 8.7k 129.63
Microsoft Corporation (MSFT) 0.1 $827k 20k 41.00
Johnson & Johnson (JNJ) 0.1 $816k 8.3k 98.17
iShares S&P Europe 350 Index (IEV) 0.1 $765k 16k 48.25
SPDR S&P Metals and Mining (XME) 0.1 $843k 20k 41.71
Proctor & Gamble 0.1 $786k 9.8k 80.61
Berkshire Hathaway (BRK.B) 0.1 $696k 5.6k 124.96
International Business Machines (IBM) 0.1 $701k 3.6k 192.48
iShares Russell 2000 Growth Index (IWO) 0.1 $748k 5.5k 136.12
PowerShares Insured Nati Muni Bond 0.1 $676k 28k 24.14
Rydex Etf Trust indls etf 0.1 $741k 8.9k 82.84
iShares MSCI Emerging Markets Indx (EEM) 0.1 $552k 14k 40.97
Wal-Mart Stores (WMT) 0.1 $573k 7.5k 76.50
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.1 $643k 6.3k 101.37
Powershares Etf Trust dyn semct port 0.1 $581k 28k 20.76
Chevron Corporation (CVX) 0.1 $542k 4.6k 118.81
Dominion Resources (D) 0.1 $550k 7.8k 70.91
Intel Corporation (INTC) 0.1 $538k 21k 25.80
CVS Caremark Corporation (CVS) 0.1 $477k 6.4k 74.80
Amgen (AMGN) 0.1 $486k 3.9k 123.29
Apple (AAPL) 0.1 $483k 900.00 536.67
MetLife (MET) 0.1 $532k 10k 52.72
Materials SPDR (XLB) 0.1 $497k 11k 47.20
iShares Dow Jones US Consumer Goods (IYK) 0.1 $458k 7.5k 61.39
SPDR S&P Oil & Gas Explore & Prod. 0.1 $474k 6.6k 71.76
iShares Lehman MBS Bond Fund (MBB) 0.1 $502k 4.7k 106.02
iShares MSCI Spain Index (EWP) 0.1 $461k 11k 40.76
BP (BP) 0.0 $425k 8.9k 48.01
Aetna 0.0 $398k 5.3k 74.92
Merck & Co (MRK) 0.0 $423k 7.5k 56.75
iShares MSCI EAFE Index Fund (EFA) 0.0 $354k 5.3k 67.15
Rydex S&P Equal Weight ETF 0.0 $398k 9.1k 43.66
iShares Dow Jones US Health Care (IHF) 0.0 $444k 4.5k 98.78
SPDR S&P Pharmaceuticals (XPH) 0.0 $374k 4.0k 93.57
Vanguard Telecommunication Services ETF (VOX) 0.0 $389k 4.6k 85.08
Schwab International Equity ETF (SCHF) 0.0 $377k 12k 31.47
U.S. Bancorp (USB) 0.0 $263k 6.1k 42.78
American Express Company (AXP) 0.0 $309k 3.4k 89.77
Bank of America Corporation (BAC) 0.0 $268k 16k 17.18
Pfizer (PFE) 0.0 $326k 10k 32.14
At&t (T) 0.0 $343k 9.8k 35.07
T. Rowe Price (TROW) 0.0 $268k 3.3k 82.18
Verizon Communications (VZ) 0.0 $299k 6.3k 47.65
Colgate-Palmolive Company (CL) 0.0 $328k 5.1k 64.80
Community Bank System (CBU) 0.0 $292k 7.5k 39.00
Vanguard Financials ETF (VFH) 0.0 $269k 5.9k 45.59
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.0 $305k 2.6k 116.77
Ipath Dow Jones-aig Commodity (DJP) 0.0 $269k 6.8k 39.33
PowerShares Dynamic Market 0.0 $268k 5.8k 46.13
Workday Inc cl a (WDAY) 0.0 $260k 2.8k 91.58
Charles Schwab Corporation (SCHW) 0.0 $173k 15k 11.59
Coca-Cola Company (KO) 0.0 $206k 5.3k 38.71
Home Depot (HD) 0.0 $210k 2.7k 79.13
Walt Disney Company (DIS) 0.0 $242k 3.0k 79.79
PPG Industries (PPG) 0.0 $238k 1.2k 193.81
Pepsi (PEP) 0.0 $215k 2.6k 83.59
Choice Hotels International (CHH) 0.0 $212k 4.6k 45.88
Plains All American Pipeline (PAA) 0.0 $201k 3.6k 55.14
Technology SPDR (XLK) 0.0 $232k 6.4k 36.32
iShares Lehman Aggregate Bond (AGG) 0.0 $202k 1.9k 107.62
SPDR KBW Bank (KBE) 0.0 $235k 6.9k 33.99
Eagle Ban (EGBN) 0.0 $214k 5.9k 36.09
PowerShares WilderHill Clean Energy 0.0 $237k 34k 7.08
First Trust Amex Biotech Index Fnd (FBT) 0.0 $246k 5.4k 45.77
Ciber 0.0 $89k 19k 4.58
Intersections 0.0 $122k 21k 5.91
Sandstorm Gold (SAND) 0.0 $68k 150k 0.45
Discovery Laboratories 0.0 $24k 11k 2.13