Pinnacle Advisory Group

Pinnacle Advisory as of March 31, 2015

Portfolio Holdings for Pinnacle Advisory

Pinnacle Advisory holds 149 positions in its portfolio as reported in the March 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Financial Select Sector SPDR (XLF) 11.5 $128M 5.3M 24.11
iShares Dow Jones US Technology (IYW) 8.1 $91M 862k 104.96
Consumer Discretionary SPDR (XLY) 6.0 $67M 882k 75.35
Consumer Staples Select Sect. SPDR (XLP) 5.8 $65M 1.3M 48.74
iShares Barclays 20+ Yr Treas.Bond (TLT) 5.5 $62M 473k 130.69
Rydex S&P Equal Weight Technology 5.3 $59M 640k 91.90
Vanguard Health Care ETF (VHT) 4.8 $54M 396k 135.52
iShares Lehman 7-10 Yr Treas. Bond (IEF) 4.0 $45M 411k 108.39
Db-x Msci Japan Etf equity (DBJP) 3.7 $41M 999k 41.11
iShares S&P NA Tec. Semi. Idx (SOXX) 3.3 $37M 394k 94.02
iShares MSCI EMU Index (EZU) 3.3 $37M 951k 38.58
iShares Dow Jones US Health Care (IHF) 3.2 $36M 267k 133.06
Fidelity msci hlth care i (FHLC) 2.8 $32M 899k 35.26
Industrial SPDR (XLI) 2.6 $30M 530k 55.77
Wisdomtree Tr intl hedge eqt (HEDJ) 2.6 $29M 442k 66.14
iShares S&P Natl AMTFr Mncpl Bd (MUB) 2.5 $27M 248k 110.60
iShares MSCI United Kingdom Index 2.1 $24M 1.3M 18.01
iShares Dow Jones US Home Const. (ITB) 2.0 $22M 781k 28.23
Energy Select Sector SPDR (XLE) 1.9 $21M 273k 77.58
D Spdr Series Trust (XTN) 1.8 $20M 184k 106.31
Wisdomtree Tr blmbg us bull (USDU) 1.8 $20M 685k 28.57
Ipath Dow Jones-aig Commodity (DJP) 1.7 $19M 684k 27.73
Ubs Ag Jersey Brh fund 1.7 $19M 1.2M 15.24
Clyme US Cptl Mkts Mco Trm Fxd Idx 1.5 $16M 327k 50.06
Arch Capital Group (ACGL) 0.9 $10M 165k 61.60
SPDR Nuveen Barclays Capital Municpl Bnd 0.8 $8.9M 369k 24.22
Spdr Euro Stoxx 50 Etf (FEZ) 0.8 $8.4M 217k 38.82
Spdr S&p 500 Etf (SPY) 0.5 $5.8M 28k 206.43
Guggenheim Bulletshar 0.5 $5.4M 250k 21.68
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 0.4 $4.5M 183k 24.32
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.4 $4.3M 35k 124.15
Health Care SPDR (XLV) 0.3 $2.9M 39k 72.49
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.3 $2.9M 35k 84.86
Veeco Instruments (VECO) 0.2 $2.5M 82k 30.55
iShares Dow Jones US Pharm Indx (IHE) 0.2 $2.5M 15k 172.36
SPDR S&P MidCap 400 ETF (MDY) 0.2 $2.2M 8.2k 273.51
Exxon Mobil Corporation (XOM) 0.2 $2.0M 24k 84.99
SPDR Gold Trust (GLD) 0.1 $1.6M 14k 113.63
Powershares Act Mang Comm Fd db opt yld div 0.1 $1.6M 83k 19.74
iShares Russell 2000 Index (IWM) 0.1 $1.5M 12k 124.34
iShares Dow Jones US Medical Dev. (IHI) 0.1 $1.5M 12k 120.26
Schwab Strategic Tr us aggregate b (SCHZ) 0.1 $1.5M 28k 52.89
Apple (AAPL) 0.1 $1.3M 11k 124.37
iShares S&P NA Tec.-Mul. Net. Idx. (IDGT) 0.1 $1.3M 35k 37.69
Rydex Russell Top 50 ETF 0.1 $1.2M 8.7k 140.24
iShares S&P NA Tec.-SW. Idx. Fund (IGV) 0.1 $1.2M 12k 96.08
Google 0.1 $1.2M 2.1k 554.39
Google Inc Class C 0.1 $1.2M 2.1k 547.74
Coca-Cola Company (KO) 0.1 $984k 24k 40.52
Johnson & Johnson (JNJ) 0.1 $1.1M 11k 100.52
Intel Corporation (INTC) 0.1 $950k 30k 31.27
Merck & Co (MRK) 0.1 $976k 15k 66.64
Utilities SPDR (XLU) 0.1 $996k 22k 44.40
Schwab International Equity ETF (SCHF) 0.1 $1.1M 35k 30.22
Microsoft Corporation (MSFT) 0.1 $938k 23k 40.64
Proctor & Gamble 0.1 $872k 11k 81.93
Vanguard Financials ETF (VFH) 0.1 $805k 16k 49.27
Rydex S&P Equal Weight ETF 0.1 $736k 9.1k 80.75
SPDR KBW Insurance (KIE) 0.1 $789k 12k 67.04
Vanguard Information Technology ETF (VGT) 0.1 $802k 7.5k 106.46
iShares 2016 S&P AMT-Free Mun Ser ETF 0.1 $734k 14k 53.28
Rydex Etf Trust indls etf 0.1 $778k 8.7k 89.89
Vanguard S&p 500 Etf idx (VOO) 0.1 $805k 4.3k 189.14
Dominion Resources (D) 0.1 $629k 8.9k 70.83
CVS Caremark Corporation (CVS) 0.1 $671k 6.5k 103.20
Amgen (AMGN) 0.1 $640k 4.0k 159.80
International Business Machines (IBM) 0.1 $632k 3.9k 160.37
iShares Lehman MBS Bond Fund (MBB) 0.1 $712k 6.5k 110.22
iShares MSCI Switzerland Index Fund (EWL) 0.1 $709k 21k 33.19
PowerShares Insured Nati Muni Bond 0.1 $694k 27k 25.51
WisdomTree International Dvd. Top 100 (AIVI) 0.1 $684k 16k 43.87
First Trust Ind/Prod AlphaDEX (FXR) 0.1 $650k 21k 31.13
Powershares Etf Trust dyn semct port 0.1 $714k 27k 26.96
Pimco Etf Tr 0-5 high yield (HYS) 0.1 $654k 6.5k 101.38
iShares MSCI Emerging Markets Indx (EEM) 0.1 $510k 13k 40.13
Chevron Corporation (CVX) 0.1 $599k 5.7k 104.96
General Electric Company 0.1 $572k 23k 24.79
3M Company (MMM) 0.1 $554k 3.4k 164.88
Verizon Communications (VZ) 0.1 $533k 11k 48.56
MetLife (MET) 0.1 $507k 10k 50.50
PIMCO Intermediate Mun Bond Strat Fund (MUNI) 0.1 $526k 9.8k 53.76
SPDR S&P Metals and Mining (XME) 0.1 $530k 20k 27.18
PowerShares Dynamic Software 0.1 $511k 12k 41.75
Schwab U S Small Cap ETF (SCHA) 0.1 $557k 9.7k 57.55
Berkshire Hathaway (BRK.B) 0.0 $485k 3.4k 144.17
At&t (T) 0.0 $426k 13k 32.59
American Electric Power Company (AEP) 0.0 $432k 7.7k 56.13
Choice Hotels International (CHH) 0.0 $452k 7.1k 64.00
iShares Lehman Aggregate Bond (AGG) 0.0 $481k 4.3k 111.24
SPDR S&P Pharmaceuticals (XPH) 0.0 $494k 4.0k 123.44
Vanguard Energy ETF (VDE) 0.0 $498k 4.6k 109.23
Keurig Green Mtn 0.0 $421k 3.8k 111.52
PNC Financial Services (PNC) 0.0 $383k 4.1k 93.07
Pfizer (PFE) 0.0 $355k 10k 34.72
Walt Disney Company (DIS) 0.0 $340k 3.2k 104.81
Cisco Systems (CSCO) 0.0 $303k 11k 27.50
Spectra Energy 0.0 $323k 8.9k 36.15
Colgate-Palmolive Company (CL) 0.0 $363k 5.2k 69.18
ConocoPhillips (COP) 0.0 $344k 5.5k 62.09
Nextera Energy (NEE) 0.0 $325k 3.1k 103.83
Ford Motor Company (F) 0.0 $303k 19k 16.11
Materials SPDR (XLB) 0.0 $315k 6.5k 48.68
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.0 $315k 2.6k 121.39
SPDR S&P Oil & Gas Explore & Prod. 0.0 $341k 6.6k 51.63
McCormick & Company, Incorporated (MKC.V) 0.0 $330k 4.3k 77.54
SPDR Barclays Capital High Yield B 0.0 $353k 9.0k 39.13
Vanguard Consumer Staples ETF (VDC) 0.0 $373k 2.9k 126.70
WisdomTree Japan Total Dividend (DXJ) 0.0 $357k 6.5k 55.08
Vanguard Telecommunication Services ETF (VOX) 0.0 $381k 4.4k 86.41
Schwab Strategic Tr intrm trm (SCHR) 0.0 $379k 7.0k 54.32
BP (BP) 0.0 $203k 5.2k 39.04
American Express Company (AXP) 0.0 $261k 3.3k 78.07
Bank of America Corporation (BAC) 0.0 $180k 12k 15.35
Wal-Mart Stores (WMT) 0.0 $279k 3.4k 82.18
PPG Industries (PPG) 0.0 $276k 1.2k 224.76
T. Rowe Price (TROW) 0.0 $242k 3.0k 80.67
Aetna 0.0 $212k 2.0k 106.27
Altria (MO) 0.0 $241k 4.8k 49.97
Pepsi (PEP) 0.0 $237k 2.5k 95.41
Schlumberger (SLB) 0.0 $263k 3.2k 83.15
Exelon Corporation (EXC) 0.0 $260k 7.8k 33.53
Boeing 0.0 $279k 1.9k 150.00
Under Armour (UAA) 0.0 $274k 3.4k 80.59
Community Bank System (CBU) 0.0 $265k 7.5k 35.39
Plains All American Pipeline (PAA) 0.0 $232k 4.8k 48.74
Energy Transfer Partners 0.0 $208k 3.7k 55.72
Eagle Ban (EGBN) 0.0 $223k 5.8k 38.35
PowerShares WilderHill Clean Energy 0.0 $186k 34k 5.56
iShares S&P Europe 350 Index (IEV) 0.0 $217k 4.9k 44.23
Vanguard High Dividend Yield ETF (VYM) 0.0 $213k 3.1k 68.05
CTPartners Executive Search (CTPR) 0.0 $276k 54k 5.07
Phillips 66 (PSX) 0.0 $245k 3.1k 78.43
Facebook Inc cl a (META) 0.0 $212k 2.6k 82.08
Workday Inc cl a (WDAY) 0.0 $239k 2.8k 84.18
Frederick County Ban 0.0 $233k 12k 19.98
J.C. Penney Company 0.0 $85k 10k 8.33
Ciber 0.0 $80k 19k 4.12
Intersections 0.0 $140k 41k 3.41
Pimco Income Strategy Fund II (PFN) 0.0 $107k 11k 9.95
TCW Strategic Income Fund (TSI) 0.0 $143k 27k 5.38
Bellatrix Exploration 0.0 $77k 32k 2.42
Chambers Str Pptys 0.0 $86k 11k 7.85
Charles Schwab Corporation (SCHW) 0.0 $0 15k 0.00
Rock-Tenn Company 0.0 $0 13k 0.00
Vantage Drilling Company ord (VTGDF) 0.0 $8.0k 25k 0.32
Yamana Gold 0.0 $53k 15k 3.53
Discovery Laboratories 0.0 $26k 22k 1.18
Sandstorm Gold (SAND) 0.0 $0 150k 0.00
Sandstorm Gold 0.0 $0 73k 0.00