Pinnacle Advisory Group

Pinnacle Advisory Group as of Sept. 30, 2017

Portfolio Holdings for Pinnacle Advisory Group

Pinnacle Advisory Group holds 185 positions in its portfolio as reported in the September 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Dow Jones US Technology (IYW) 10.2 $165M 1.1M 149.92
Financial Select Sector SPDR (XLF) 10.0 $162M 6.3M 25.86
iShares MSCI EMU Index (EZU) 7.0 $114M 2.6M 43.32
Industrial SPDR (XLI) 5.6 $91M 1.3M 71.00
Db-x Msci Japan Etf equity (DBJP) 4.8 $78M 1.9M 40.53
Clyme US Cptl Mkts Mco Trm Fxd Idx 4.3 $70M 1.4M 50.37
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 4.3 $69M 678k 101.80
Etfs Tr bbg commd k 1 4.1 $66M 2.7M 24.68
Vanguard Health Care ETF (VHT) 4.0 $65M 428k 152.28
Consumer Staples Select Sect. SPDR (XLP) 3.8 $62M 1.1M 53.98
iShares Barclays 20+ Yr Treas.Bond (TLT) 3.4 $56M 445k 124.76
Schwab Strategic Tr 0 (SCHP) 3.1 $50M 902k 55.26
iShares Dow Jones US Home Const. (ITB) 2.9 $48M 1.3M 36.54
Global X Fds glb x mlp enr 2.5 $41M 3.0M 13.79
Consumer Discretionary SPDR (XLY) 2.4 $39M 429k 90.08
iShares S&P NA Tec. Semi. Idx (SOXX) 2.3 $38M 238k 158.57
iShares Barclays TIPS Bond Fund (TIP) 2.0 $32M 281k 113.58
iShares MSCI Pacific ex-Japan Idx (EPP) 1.7 $28M 594k 46.24
Ishares Msci United Kingdom Index etf (EWU) 1.7 $27M 779k 34.85
First Tr Exchange Traded Fd fst low mtg etf (LMBS) 1.6 $26M 495k 51.99
Market Vectors Etf Tr Oil Svcs 1.5 $25M 960k 26.07
Wisdomtree Tr blmbg us bull (USDU) 1.4 $23M 897k 25.84
Arch Capital Group (ACGL) 1.4 $23M 232k 98.50
Health Care SPDR (XLV) 1.3 $21M 252k 81.73
iShares S&P 500 Index (IVV) 0.9 $15M 58k 252.93
Schwab Strategic Tr us lrg cap etf (SCHX) 0.9 $15M 243k 60.04
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.5 $8.3M 78k 106.51
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.5 $8.3M 75k 110.87
iShares Lehman Aggregate Bond (AGG) 0.5 $7.4M 67k 109.59
Managed Portfolio Ser tortoise nram pi (TPYP) 0.4 $6.5M 276k 23.51
Schwab Strategic Tr us aggregate b (SCHZ) 0.3 $5.7M 109k 52.36
Veeco Instruments (VECO) 0.3 $5.3M 246k 21.40
Philip Morris International (PM) 0.3 $4.9M 44k 111.02
Schwab International Equity ETF (SCHF) 0.3 $4.9M 145k 33.47
Schwab U S Small Cap ETF (SCHA) 0.2 $3.4M 51k 67.38
iShares S&P MidCap 400 Index (IJH) 0.2 $3.0M 17k 178.92
Altria (MO) 0.2 $2.9M 46k 63.42
iShares S&P SmallCap 600 Index (IJR) 0.2 $2.9M 39k 74.23
Vanguard Europe Pacific ETF (VEA) 0.2 $2.8M 65k 43.41
iShares Lehman MBS Bond Fund (MBB) 0.2 $2.8M 26k 107.10
Apple (AAPL) 0.1 $2.4M 16k 154.14
Ipath Dow Jones-aig Commodity (DJP) 0.1 $2.5M 107k 23.26
Sch Us Mid-cap Etf etf (SCHM) 0.1 $2.5M 49k 50.11
Alphabet Inc Class A cs (GOOGL) 0.1 $2.3M 2.4k 973.73
Vanguard Information Technology ETF (VGT) 0.1 $2.1M 14k 152.01
Alphabet Inc Class C cs (GOOG) 0.1 $2.2M 2.3k 959.14
Ishares Msci Japan (EWJ) 0.1 $2.2M 39k 55.71
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $1.7M 14k 121.27
Microsoft Corporation (MSFT) 0.1 $1.6M 22k 74.50
Exxon Mobil Corporation (XOM) 0.1 $1.6M 20k 81.97
iShares Russell 1000 Growth Index (IWF) 0.1 $1.7M 13k 125.09
Vanguard Financials ETF (VFH) 0.1 $1.7M 25k 65.35
SPDR Barclays Capital Intl Tresy Bd ETF (BWX) 0.1 $1.6M 57k 28.09
PowerShares Emerging Markets Sovere 0.1 $1.7M 57k 29.76
iShares Dow Jones US Healthcare (IYH) 0.1 $1.7M 9.9k 171.88
Johnson & Johnson (JNJ) 0.1 $1.5M 11k 130.02
SPDR KBW Regional Banking (KRE) 0.1 $1.4M 24k 56.77
Ubs Ag Jersey Brh dj commd etn39 0.1 $1.4M 91k 15.36
Highland Fds i hi ld iboxx srln 0.1 $1.4M 78k 18.30
At&t (T) 0.1 $1.2M 31k 39.18
iShares Russell 1000 Value Index (IWD) 0.1 $1.2M 11k 118.50
Schwab Strategic Tr intrm trm (SCHR) 0.1 $1.2M 23k 53.90
iShares MSCI Emerging Markets Indx (EEM) 0.1 $1.1M 25k 44.81
Berkshire Hathaway (BRK.B) 0.1 $1.1M 5.8k 183.28
iShares NASDAQ Biotechnology Index (IBB) 0.1 $1.1M 3.3k 333.44
iShares Gold Trust 0.1 $1.2M 95k 12.31
SPDR Barclays Capital High Yield B 0.1 $1.1M 29k 37.33
SPDR Barclays Capital Long Term Tr (SPTL) 0.1 $1.2M 17k 71.96
Schwab Emerging Markets Equity ETF (SCHE) 0.1 $1.1M 42k 26.90
Ishares Inc msci frntr 100 (FM) 0.1 $1.1M 36k 31.32
Doubleline Income Solutions (DSL) 0.1 $1.1M 51k 21.24
Bank of America Corporation (BAC) 0.1 $915k 36k 25.34
General Electric Company 0.1 $908k 38k 24.18
Procter & Gamble Company (PG) 0.1 $909k 10k 90.96
Sabine Royalty Trust (SBR) 0.1 $896k 22k 40.81
Vanguard REIT ETF (VNQ) 0.1 $919k 11k 83.05
Putnam Premier Income Trust (PPT) 0.1 $910k 171k 5.32
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.1 $966k 7.8k 123.53
Etfs Precious Metals Basket phys pm bskt 0.1 $992k 16k 63.27
Schwab Strategic Tr sht tm us tres (SCHO) 0.1 $1.0M 21k 50.38
Schwab Strategic Tr us reit etf (SCHH) 0.1 $1.0M 25k 41.12
Mondelez Int (MDLZ) 0.1 $989k 24k 40.66
Ishares Core Msci Eafe Etf core msci eafe (IEFA) 0.1 $945k 15k 64.14
Kraft Heinz (KHC) 0.1 $916k 12k 77.58
Real Estate Select Sect Spdr (XLRE) 0.1 $936k 29k 32.24
Verizon Communications (VZ) 0.1 $879k 18k 49.49
Amgen (AMGN) 0.1 $773k 4.1k 186.44
International Business Machines (IBM) 0.1 $753k 5.2k 145.17
Amazon (AMZN) 0.1 $760k 791.00 960.81
Vanguard Total Stock Market ETF (VTI) 0.1 $730k 5.6k 129.59
Vanguard Emerging Markets ETF (VWO) 0.1 $779k 18k 43.58
ETFS Gold Trust 0.1 $810k 6.5k 123.95
Spdr Euro Stoxx 50 Etf (FEZ) 0.1 $883k 21k 41.23
Vanguard Consumer Staples ETF (VDC) 0.1 $769k 5.6k 138.53
inv grd crp bd (CORP) 0.1 $762k 7.2k 105.35
Wisdomtree Tr intl hedge eqt (HEDJ) 0.1 $799k 12k 64.68
Schwab Strategic Tr cmn (SCHV) 0.1 $834k 16k 51.81
Powershares Senior Loan Portfo mf 0.1 $782k 34k 23.17
Pimco Etf Tr 0-5 high yield (HYS) 0.1 $776k 7.6k 101.57
CVS Caremark Corporation (CVS) 0.0 $668k 8.2k 81.31
Nextera Energy (NEE) 0.0 $585k 4.0k 146.65
American Electric Power Company (AEP) 0.0 $572k 8.1k 70.25
McCormick & Company, Incorporated (MKC) 0.0 $681k 6.6k 102.59
PowerShares QQQ Trust, Series 1 0.0 $676k 4.6k 145.53
SPDR S&P Biotech (XBI) 0.0 $640k 7.4k 86.60
iShares Dow Jones US Pharm Indx (IHE) 0.0 $633k 4.0k 156.45
iShares MSCI Switzerland Index Fund (EWL) 0.0 $600k 17k 35.03
iShares S&P/Citi Intl Treasury Bond (IGOV) 0.0 $657k 13k 49.28
SPDR S&P Oil & Gas Equipt & Servs. 0.0 $633k 38k 16.57
Dowdupont 0.0 $683k 9.9k 69.22
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.0 $416k 316.00 1316.46
McDonald's Corporation (MCD) 0.0 $439k 2.8k 156.56
Walt Disney Company (DIS) 0.0 $430k 4.4k 98.47
Dominion Resources (D) 0.0 $542k 7.0k 76.93
Spdr S&p 500 Etf (SPY) 0.0 $567k 2.3k 251.00
Wells Fargo & Company (WFC) 0.0 $470k 8.5k 55.09
Boeing Company (BA) 0.0 $470k 1.8k 254.19
Comerica Incorporated (CMA) 0.0 $452k 5.9k 76.18
iShares MSCI EAFE Index Fund (EFA) 0.0 $500k 7.3k 68.54
Southern Company (SO) 0.0 $565k 12k 49.10
Community Bank System (CBU) 0.0 $414k 7.5k 55.29
Magellan Midstream Partners 0.0 $527k 7.4k 71.05
Technology SPDR (XLK) 0.0 $465k 7.9k 59.12
iShares Russell 2000 Value Index (IWN) 0.0 $562k 4.5k 124.14
Bank Of America Corporation preferred (BAC.PL) 0.0 $458k 352.00 1301.14
iShares iBoxx $ High Yid Corp Bond (HYG) 0.0 $432k 4.9k 88.72
McCormick & Company, Incorporated (MKC.V) 0.0 $437k 4.3k 102.68
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.0 $424k 3.6k 116.45
iShares S&P US Pref Stock Idx Fnd (PFF) 0.0 $458k 12k 38.83
TCW Strategic Income Fund (TSI) 0.0 $559k 96k 5.80
Schwab U S Large Cap Growth ETF (SCHG) 0.0 $441k 6.7k 66.00
Citigroup (C) 0.0 $465k 6.4k 72.78
Ishares Tr cmn (GOVT) 0.0 $409k 16k 25.23
BLACKROCK MUN TARGET TERM TR SHARES Of Ben (BTT) 0.0 $498k 22k 22.66
Ishares Inc core msci emkt (IEMG) 0.0 $448k 8.3k 54.05
Blackstone Mtg Tr (BXMT) 0.0 $418k 14k 31.01
Ssga Active Etf Tr blkstn gsosrln (SRLN) 0.0 $467k 9.8k 47.42
JPMorgan Chase & Co. (JPM) 0.0 $356k 3.7k 95.60
Charles Schwab Corporation (SCHW) 0.0 $339k 7.8k 43.73
PNC Financial Services (PNC) 0.0 $373k 2.8k 134.80
Coca-Cola Company (KO) 0.0 $278k 6.2k 44.98
CSX Corporation (CSX) 0.0 $296k 5.5k 54.24
Wal-Mart Stores (WMT) 0.0 $248k 3.2k 78.28
Pfizer (PFE) 0.0 $330k 9.2k 35.70
Cisco Systems (CSCO) 0.0 $379k 11k 33.65
Intel Corporation (INTC) 0.0 $303k 8.0k 38.05
Emerson Electric (EMR) 0.0 $310k 4.9k 62.89
Colgate-Palmolive Company (CL) 0.0 $394k 5.4k 72.80
Merck & Co (MRK) 0.0 $270k 4.2k 64.10
Pepsi (PEP) 0.0 $377k 3.4k 111.41
Qualcomm (QCOM) 0.0 $294k 5.7k 51.81
Exelon Corporation (EXC) 0.0 $336k 8.9k 37.63
Vanguard Short-Term Bond ETF (BSV) 0.0 $394k 4.9k 79.77
Choice Hotels International (CHH) 0.0 $405k 6.3k 63.90
Energy Select Sector SPDR (XLE) 0.0 $363k 5.3k 68.43
Enbridge (ENB) 0.0 $271k 6.5k 41.91
Enterprise Products Partners (EPD) 0.0 $301k 12k 26.03
Realty Income (O) 0.0 $355k 6.2k 57.21
Materials SPDR (XLB) 0.0 $273k 4.8k 56.88
iShares S&P 500 Growth Index (IVW) 0.0 $378k 2.6k 143.34
Vanguard FTSE All-World ex-US ETF (VEU) 0.0 $307k 5.8k 52.79
Vanguard High Dividend Yield ETF (VYM) 0.0 $345k 4.3k 81.16
BlackRock Corporate High Yield Fund VI (HYT) 0.0 $338k 30k 11.31
PowerShares Insured Nati Muni Bond 0.0 $267k 10k 25.59
Facebook Inc cl a (META) 0.0 $328k 1.9k 170.74
Prudential Gl Sh Dur Hi Yld 0.0 $276k 19k 14.91
Fidelity msci hlth care i (FHLC) 0.0 $325k 8.2k 39.54
Fidelity msci rl est etf (FREL) 0.0 $384k 16k 24.29
Welltower Inc Com reit (WELL) 0.0 $328k 4.7k 70.28
Spdr Nuveen Barclays Muni Bond Etf nuvn brcly muni (TFI) 0.0 $324k 6.6k 48.85
BP (BP) 0.0 $209k 5.4k 38.48
Consolidated Edison (ED) 0.0 $205k 2.5k 80.87
T. Rowe Price (TROW) 0.0 $222k 2.5k 90.50
Ford Motor Company (F) 0.0 $143k 12k 11.99
iShares Russell 1000 Index (IWB) 0.0 $231k 1.7k 140.00
DTE Energy Company (DTE) 0.0 $200k 1.9k 107.24
Ida (IDA) 0.0 $239k 2.7k 88.03
SPDR Dow Jones Industrial Average ETF (DIA) 0.0 $243k 1.1k 223.96
iShares Lehman Short Treasury Bond (SHV) 0.0 $226k 2.0k 110.62
iShares S&P NA Tech. Sec. Idx (IGM) 0.0 $230k 1.5k 155.20
Alps Etf sectr div dogs (SDOG) 0.0 $219k 5.0k 44.06
Allergan 0.0 $209k 1.0k 205.10
Amplify Etf Tr a (DIVO) 0.0 $240k 9.0k 26.65
J.C. Penney Company 0.0 $58k 15k 3.82
Putnam Master Int. Income (PIM) 0.0 $50k 11k 4.75