Pinnacle Advisory Group, Inc.

13F filer, CIK 1504404, COLUMBIA, MD

Pinnacle Advisory Group, Inc. reported $1,444,359,000 across 166 holdings for the quarter ended 2019-06-30, in a 13F-HR filed 2019-08-06. Its ten largest share positions make up 54.18% of the portfolio.

Filed 2019-08-06 (acceptance time not in the bulk data set), ingested 2026-10-07 18:55:43 UTC13F-HR 0001504404-19-000005

Period: 2019-06-30
Reported value: $1.44B
Holdings: 166
Top 10 weight: 54.18%
New: 8
Sold out: 9

Largest buys vs the previous quarter

Security	Shares change	Approx. value
XLFadded	+1,111,019	$30.7M
SPIBnew	+766,531	$26.8M
XLKadded	+329,697	$25.7M
XLCnew	+513,273	$25.3M
XLREadded	+659,463	$24.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
GBILreduced	-814,300	-$81.7M
XLPreduced	-446,342	-$25.9M
ACGLexited	-569,645	-$18.4M
XLUreduced	-255,917	-$15.3M
IEFreduced	-131,066	-$14.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2019

Share positions as resolved from 13F-HR 0001504404-19-000005, largest first. % of portfolio is the value over $1,444,359,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
IEFISHARES TR	1,634,309	$180M	12.45%	-131,066	Timeline
GSYINVESCO ACTIVELY MANAGED EXC	2,239,541	$113M	7.81%	+178,341	Timeline
XLFSELECT SECTOR SPDR TR	3,126,658	$86.3M	5.97%	+1,111,019	Timeline
IYWISHARES TR	426,406	$84.4M	5.84%	-15,701	Timeline
GBILGOLDMAN SACHS ETF TR	746,160	$74.9M	5.18%	-814,300	Timeline
EZUISHARES INC	1,567,875	$62M	4.29%	-44,559	Timeline
XLPSELECT SECTOR SPDR TR	893,486	$51.9M	3.59%	-446,342	Timeline
XLVSELECT SECTOR SPDR TR	480,916	$44.6M	3.08%	-134,682	Timeline
TLTISHARES TR	324,206	$43.1M	2.98%	+84,398	Timeline
XLYSELECT SECTOR SPDR TR	359,525	$42.9M	2.97%	+88,321	Timeline
SCHOSCHWAB STRATEGIC TR	666,782	$33.7M	2.34%	-11,209	Timeline
IEMGISHARES INC	650,698	$33.5M	2.32%	-10,326	Timeline
VHTVANGUARD WORLD FD	182,461	$31.7M	2.2%	-49,662	Timeline
GDXVANECK ETF TRUST	1,164,068	$29.8M	2.06%	-31,147	Timeline
EWJISHARES INC	527,668	$28.8M	1.99%	-5,543	Timeline
SPIBSPDR SERIES TRUST	766,531	$26.8M	1.85%	new	Timeline
XLKSELECT SECTOR SPDR TR	336,944	$26.3M	1.82%	+329,697	Timeline
XLCSELECT SECTOR SPDR TR	513,273	$25.3M	1.75%	new	Timeline
XLRESELECT SECTOR SPDR TR	677,008	$24.9M	1.72%	+659,463	Timeline
PAVEGLOBAL X FDS	1,447,460	$23.6M	1.63%	-40,966	Timeline
GLOBAL X FDSGLOBAL X FDS	1,748,913	$22.6M	1.57%	-74,985
IVVISHARES TR	74,421	$21.9M	1.52%	+1,223	Timeline
SGOLETFS GOLD TR	153,942	$20.9M	1.45%	-3,503	Timeline
XLUSELECT SECTOR SPDR TR	348,101	$20.8M	1.44%	-255,917	Timeline
EWUISHARES TR	567,800	$18.4M	1.27%	-4,982	Timeline
XLESELECT SECTOR SPDR TR	276,412	$17.6M	1.22%	+5,486	Timeline
SCHXSCHWAB STRATEGIC TR	248,496	$17.4M	1.21%	-6,949	Timeline
XLISELECT SECTOR SPDR TR	214,577	$16.6M	1.15%	-5,464	Timeline
ASHRDBX ETF TR	577,111	$16.3M	1.13%	new	Timeline
XLBSELECT SECTOR SPDR TR	246,342	$14.4M	1%	-6,616	Timeline
FLJPFRANKLIN TEMPLETON ETF TR	418,638	$10.1M	0.7%	-6,788	Timeline
AGGISHARES TR	74,608	$8.31M	0.58%	-1,354	Timeline
SPYMSPDR SERIES TRUST	210,642	$7.28M	0.5%	+16,710	Timeline
SCHZSCHWAB STRATEGIC TR	136,540	$7.24M	0.5%	-8,952	Timeline
iShares Gold TrustiShares Gold Trust	533,391	$7.2M	0.5%	-29,182
FLGBFRANKLIN TEMPLETON ETF TR	266,965	$6.39M	0.44%	-6,657	Timeline
SCHFSCHWAB STRATEGIC TR	197,552	$6.34M	0.44%	-3,723	Timeline
SPTSSPDR SERIES TRUST	196,960	$5.91M	0.41%	-191	Timeline
SCHASCHWAB STRATEGIC TR	57,346	$4.1M	0.28%	-1,687	Timeline
SCHRSCHWAB STRATEGIC TR	74,552	$4.1M	0.28%	-19,039	Timeline
MBBISHARES TR	33,914	$3.65M	0.25%	-792	Timeline
VEAVANGUARD TAX-MANAGED FDS	84,761	$3.54M	0.24%	+1,848	Timeline
IJHISHARES TR	18,010	$3.5M	0.24%	-71	Timeline
CNYAISHARES TR	118,227	$3.37M	0.23%	new	Timeline
SCHMSCHWAB STRATEGIC TR	58,321	$3.33M	0.23%	-2,145	Timeline
IJRISHARES TR	39,794	$3.12M	0.22%	+402	Timeline
LQDISHARES TR	24,827	$3.09M	0.21%	+350	Timeline
TIPISHARES TR	24,638	$2.85M	0.2%	-415	Timeline
MINTPIMCO ETF TR	27,004	$2.75M	0.19%	-114,312	Timeline
GLTRABRDN PRECIOUS METALS BASKET	31,692	$2.16M	0.15%	+272	Timeline
GOOGALPHABET INC	1,977	$2.14M	0.15%	0	Timeline
UBS AG JERSEY BRHUBS AG JERSEY BRH	139,430	$2.06M	0.14%	+6,957
SPSMSPDR SERIES TRUST	66,968	$2.05M	0.14%	+8,016	Timeline
GOOGLALPHABET INC	1,874	$2.03M	0.14%	0	Timeline
SPMDSPDR SERIES TRUST	58,181	$1.98M	0.14%	+6,211	Timeline
IEFAISHARES TR	31,818	$1.95M	0.14%	+1,103	Timeline
ITOTISHARES TR	28,490	$1.9M	0.13%	0	Timeline
MUBISHARES TR	16,244	$1.84M	0.13%	-2,862	Timeline
iShares MSCI Frontier 100iShares MSCI Frontier 100	61,604	$1.82M	0.13%	+1,244
SHYISHARES TR	21,268	$1.8M	0.12%	-1,132	Timeline
FRELFIDELITY COVINGTON TRUST	65,963	$1.73M	0.12%	+17,772	Timeline
SCHPSCHWAB STRATEGIC TR	30,386	$1.71M	0.12%	-605	Timeline
VOXVANGUARD WORLD FD	18,935	$1.64M	0.11%	+6,897	Timeline
XBISPDR SERIES TRUST	18,503	$1.62M	0.11%	+2,120	Timeline
FLRNSPDR SERIES TRUST	51,213	$1.57M	0.11%	-2,976	Timeline
PCYINVESCO EXCH TRADED FD TR II	53,089	$1.54M	0.11%	-1,848	Timeline
HIGHLAND FDS IHIGHLAND FDS I	87,352	$1.53M	0.11%	+239
BWXSPDR SERIES TRUST	52,720	$1.52M	0.11%	-970	Timeline
AAPLAPPLE INC	7,580	$1.5M	0.1%	-170	Timeline
IGOVISHARES TR	29,490	$1.5M	0.1%	-163	Timeline
SCHHSCHWAB STRATEGIC TR	33,381	$1.48M	0.1%	-1,311	Timeline
VFHVANGUARD WORLD FD	20,490	$1.41M	0.1%	-5,843	Timeline
BCIABRDN ETFS	61,931	$1.39M	0.1%	+481	Timeline
SCHESCHWAB STRATEGIC TR	52,382	$1.38M	0.1%	-929	Timeline
ITBISHARES TR	33,744	$1.29M	0.09%	0	Timeline
DBJPDBX ETF TR	32,753	$1.25M	0.09%	0	Timeline
VDEVANGUARD WORLD FD	14,583	$1.24M	0.09%	+1,246	Timeline
LMBSFIRST TR EXCHANGE-TRADED FD	23,871	$1.23M	0.09%	-6,214	Timeline
EMBISHARES TR	10,339	$1.17M	0.08%	+36	Timeline
HYGISHARES TR	13,341	$1.16M	0.08%	+169	Timeline
VWOVANGUARD INTL EQUITY INDEX F	26,816	$1.14M	0.08%	+2,242	Timeline
BKLNINVESCO EXCH TRADED FD TR II	50,035	$1.13M	0.08%	-1,632	Timeline
KRESPDR SERIES TRUST	21,026	$1.12M	0.08%	+302	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	3,685	$1.08M	0.07%	-509	Timeline
GOVTISHARES TR	41,318	$1.07M	0.07%	+3,305	Timeline
IYHISHARES TR	5,227	$1.02M	0.07%	+427	Timeline
VNQVANGUARD INDEX FDS	11,612	$1.01M	0.07%	-228	Timeline
MSFTMICROSOFT CORP	7,244	$970K	0.07%	-250	Timeline
MKCMCCORMICK & CO INC	6,238	$967K	0.07%	0	Timeline
HYSPIMCO ETF TR	9,512	$955K	0.07%	-556	Timeline
DIVOAMPLIFY ETF TR	30,475	$919K	0.06%	+9,450	Timeline
SPABSPDR SERIES TRUST	31,346	$914K	0.06%	+5,540	Timeline
SPTLSPDR SERIES TRUST	23,365	$892K	0.06%	+406	Timeline
SPDWSPDR INDEX SHS FDS	30,103	$891K	0.06%	+2,960	Timeline
JNJJOHNSON & JOHNSON	6,315	$880K	0.06%	-633	Timeline
CORPPIMCO ETF TR	8,101	$870K	0.06%	-270	Timeline
BABOEING CO	2,279	$829K	0.06%	+192	Timeline
BACBANK OF AMER CORP	28,056	$814K	0.06%	-1,720	Timeline
NEENEXTERA ENERGY INC	3,862	$791K	0.05%	-402	Timeline
HEDJWISDOMTREE TR	11,070	$733K	0.05%	0	Timeline
TAT&T INC	21,825	$731K	0.05%	-1,272	Timeline
JNKSPDR SERIES TRUST	6,291	$685K	0.05%	new	Timeline
IEIISHARES TR	5,414	$681K	0.05%	-355	Timeline
VTIVANGUARD INDEX FDS	4,517	$678K	0.05%	-1,775	Timeline
EPPISHARES INC	13,984	$660K	0.05%	0	Timeline
MKC-VMCCORMICK & CO INC	4,256	$660K	0.05%	0	Timeline
ITAISHARES TR	3,060	$655K	0.05%	+1,185	Timeline
VAWVANGUARD WORLD FD	5,047	$647K	0.04%	+354	Timeline
SBRSABINE RTY TR	13,438	$645K	0.04%	0	Timeline
SPMBSPDR SERIES TRUST	24,506	$641K	0.04%	+1,722	Timeline
XOMEXXON MOBIL CORP	8,324	$638K	0.04%	-799	Timeline
USDUWISDOMTREE TR	23,132	$631K	0.04%	0	Timeline
AMZNAMAZON COM INC	332	$629K	0.04%	-12	Timeline
PGPROCTER & GAMBLE CO	4,787	$525K	0.04%	-17	Timeline
IHEISHARES TR	3,315	$500K	0.03%	0	Timeline
VOOVANGUARD INDEX FDS	1,822	$490K	0.03%	+297	Timeline
DISDISNEY WALT CO	3,360	$469K	0.03%	+847	Timeline
VGTVANGUARD WORLD FD	2,148	$453K	0.03%	new	Timeline
IVWISHARES TR	2,462	$441K	0.03%	0	Timeline
SOSOUTHERN CO	7,970	$441K	0.03%	+3	Timeline
CMACOMERICA INC	5,933	$431K	0.03%	0	Timeline
EWLISHARES INC	11,351	$426K	0.03%	+4	Timeline
CSXCSX CORP	5,426	$420K	0.03%	0	Timeline
VWOBVANGUARD WHITEHALL FDS	5,131	$413K	0.03%	+340	Timeline
SHMSPDR SERIES TRUST	8,082	$395K	0.03%	-1,785	Timeline
VZVERIZON COMMUNICATIONS INC	6,692	$382K	0.03%	+297	Timeline
MCDMCDONALDS CORP	1,836	$381K	0.03%	+119	Timeline
MRKMERCK & CO INC	4,440	$372K	0.03%	+61	Timeline
VMBSVANGUARD SCOTTSDALE FDS	7,015	$371K	0.03%	+143	Timeline
USRTISHARES TR	7,062	$367K	0.03%	-242	Timeline
PNCPNC FINL SVCS GROUP INC	2,583	$355K	0.02%	0	Timeline
JPMJPMORGAN CHASE & CO	3,012	$337K	0.02%	+35	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	1,517	$323K	0.02%	0	Timeline
SPDR SERIES TRUSTSPDR SERIES TRUST	11,382	$310K	0.02%	-3,549
IGMISHARES TR	1,432	$309K	0.02%	-29	Timeline
CHHCHOICE HOTELS INTL INC	3,466	$302K	0.02%	0	Timeline
IBMINTERNATIONAL BUSINESS MACHS	2,103	$290K	0.02%	+1	Timeline
CCITIGROUP INC	4,110	$288K	0.02%	0	Timeline
VCRVANGUARD WORLD FD	1,580	$283K	0.02%	0	Timeline
MAMASTERCARD INCORPORATED	1,050	$278K	0.02%	0	Timeline
USHYISHARES TR	6,765	$277K	0.02%	+1,293	Timeline
BSVVANGUARD BD INDEX FDS	3,424	$276K	0.02%	-75	Timeline
FKUFIRST TR EXCH TRD ALPHDX FD	7,593	$276K	0.02%	0	Timeline
DSLDOUBLELINE INCOME SOLUTIONS	13,685	$273K	0.02%	+1,055	Timeline
IDAIDACORP INC	2,715	$273K	0.02%	0	Timeline
CLCOLGATE PALMOLIVE CO	3,779	$271K	0.02%	0	Timeline
TROWPRICE T ROWE GROUP INC	2,453	$269K	0.02%	0	Timeline
PFEPFIZER INC	6,181	$268K	0.02%	-1,596	Timeline
SPIPSPDR SERIES TRUST	4,674	$265K	0.02%	+387	Timeline
CVSCVS HEALTH CORP	4,768	$260K	0.02%	0	Timeline
IWBISHARES TR	1,584	$258K	0.02%	0	Timeline
BLACKSTONE GROUP LP/THEBLACKSTONE GROUP LP/THE	5,790	$257K	0.02%	0
VEUVANGUARD INTL EQUITY INDEX F	4,969	$253K	0.02%	0	Timeline
FTSLFIRST TR EXCHANGE-TRADED FD	5,356	$252K	0.02%	+479	Timeline
IBBISHARES TR	2,165	$236K	0.02%	+135	Timeline
PEPPEPSICO INC	1,744	$229K	0.02%	+68	Timeline
METAMETA PLATFORMS INC	1,105	$213K	0.01%	new	Timeline
AEPAMERICAN ELEC PWR CO INC	2,425	$213K	0.01%	0	Timeline
IVEISHARES TR	1,811	$211K	0.01%	-207	Timeline
VYMVANGUARD WHITEHALL FDS	2,371	$207K	0.01%	0	Timeline
IBNDSPDR SERIES TRUST	5,937	$203K	0.01%	new	Timeline
SPEMSPDR INDEX SHS FDS	5,655	$202K	0.01%	-35	Timeline
ALPS ETF TRALPS ETF TR	20,390	$201K	0.01%	0
HYTBLACKROCK CORPOR HI YLD FD I	12,250	$131K	0.01%	0	Timeline
PPTFRANKLIN PREMIER INCOME TR	15,175	$78K	0.01%	0	Timeline
EVFEATON VANCE SR INCOME TR	11,060	$69K	<0.01%	0	Timeline

Sold out in Q2 2019

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
ACGLARCH CAP GROUP LTD	569,645	$18.4M	shares
SPDR SERIES TRUST BLOOMBERG…SPDR SERIES TRUST BLOOMBERG BR	18,995	$683K	shares
VDCVANGUARD WORLD FD	2,943	$427K	shares
EFAISHARES TR	4,328	$281K	shares
ALLERGAN PLCALLERGAN PLC	1,454	$213K	shares
INTCINTEL CORP	3,823	$205K	shares
AMERICAN FINANCE TRUST INCAMERICAN FINANCE TRUST INC	11,085	$120K	shares
GENERAL ELEC COGENERAL ELEC CO	10,715	$107K	shares
GLOBAL X FDSGLOBAL X FDS	11,563	$103K	shares

How Q2 2019 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001504404-19-000005	base		2019-08-06	acceptance time not in the bulk data set	2026-10-07 18:55:43 UTC