Pinnacle Advisory Group, Inc.

13F filer, CIK 1504404, COLUMBIA, MD

Pinnacle Advisory Group, Inc. reported $1,434,764,000 across 153 holdings for the quarter ended 2019-09-30, in a 13F-HR filed 2019-10-17. Its ten largest share positions make up 54.07% of the portfolio.

Filed 2019-10-17 (acceptance time not in the bulk data set), ingested 2026-10-07 18:55:06 UTC13F-HR 0001504404-19-000006

Period: 2019-09-30
Reported value: $1.43B
Holdings: 153
Top 10 weight: 54.07%
New: 9
Sold out: 22

Largest buys vs the previous quarter

Security	Shares change	Approx. value
SCHOadded	+905,681	$45.8M
XLKadded	+524,400	$42.2M
SPIBadded	+831,606	$29.3M
XLCadded	+517,337	$25.6M
DJPnew	+1,110,482	$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
GBILexited	-746,160	-$74.9M
IEFreduced	-609,126	-$68.5M
IEMGreduced	-631,564	-$31M
SGOLreduced	-148,929	-$21.2M
ASHRexited	-577,111	-$16.3M

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, Q3 2019

Share positions as resolved from 13F-HR 0001504404-19-000006, largest first. % of portfolio is the value over $1,434,764,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
IEFISHARES TR	1,025,183	$115M	8.04%	-609,126	Timeline
GSYINVESCO ACTIVELY MANAGED EXC	1,995,433	$101M	7.01%	-244,108	Timeline
XLFSELECT SECTOR SPDR TR	3,057,539	$85.6M	5.97%	-69,119	Timeline
IYWISHARES TR	398,198	$81.3M	5.67%	-28,208	Timeline
SCHOSCHWAB STRATEGIC TR	1,572,463	$79.6M	5.54%	+905,681	Timeline
XLPSELECT SECTOR SPDR TR	1,188,463	$73M	5.09%	+294,977	Timeline
XLKSELECT SECTOR SPDR TR	861,344	$69.4M	4.83%	+524,400	Timeline
EZUISHARES INC	1,557,368	$60.6M	4.22%	-10,507	Timeline
SPIBSPDR SERIES TRUST	1,598,137	$56.4M	3.93%	+831,606	Timeline
XLYSELECT SECTOR SPDR TR	448,381	$54.1M	3.77%	+88,856	Timeline
XLCSELECT SECTOR SPDR TR	1,030,610	$51M	3.56%	+517,337	Timeline
TLTISHARES TR	318,904	$45.6M	3.18%	-5,302	Timeline
XLVSELECT SECTOR SPDR TR	474,339	$42.8M	2.98%	-6,577	Timeline
EWJISHARES INC	525,458	$29.8M	2.08%	-2,210	Timeline
VHTVANGUARD WORLD FD	172,309	$28.9M	2.01%	-10,152	Timeline
XLRESELECT SECTOR SPDR TR	677,922	$26.7M	1.86%	+914	Timeline
DJPBARCLAYS BANK PLC	1,110,482	$24.2M	1.69%	new	Timeline
GDXVANECK ETF TRUST	900,668	$24.1M	1.68%	-263,400	Timeline
PAVEGLOBAL X FDS	1,427,737	$23.1M	1.61%	-19,723	Timeline
JMBSJANUS DETROIT STR TR	422,740	$22.2M	1.55%	new	Timeline
XLUSELECT SECTOR SPDR TR	334,172	$21.6M	1.51%	-13,929	Timeline
GLOBAL X FDSGLOBAL X FDS	1,717,902	$21.1M	1.47%	-31,011
IVVISHARES TR	70,292	$21M	1.46%	-4,129	Timeline
SCHXSCHWAB STRATEGIC TR	246,998	$17.5M	1.22%	-1,498	Timeline
SCHPSCHWAB STRATEGIC TR	304,455	$17.3M	1.2%	+274,069	Timeline
XLISELECT SECTOR SPDR TR	200,321	$15.6M	1.08%	-14,256	Timeline
EWLISHARES INC	403,900	$15.2M	1.06%	+392,549	Timeline
XLBSELECT SECTOR SPDR TR	242,608	$14.1M	0.98%	-3,734	Timeline
SPTSSPDR SERIES TRUST	449,487	$13.5M	0.94%	+252,527	Timeline
EWUISHARES TR	353,158	$11.1M	0.77%	-214,642	Timeline
FLJPFRANKLIN TEMPLETON ETF TR	409,020	$10.2M	0.71%	-9,618	Timeline
SPYMSPDR SERIES TRUST	243,400	$8.48M	0.59%	+32,758	Timeline
AGGISHARES TR	72,223	$8.17M	0.57%	-2,385	Timeline
SCHZSCHWAB STRATEGIC TR	137,598	$7.41M	0.52%	+1,058	Timeline
TIPISHARES TR	60,322	$7.01M	0.49%	+35,684	Timeline
SCHFSCHWAB STRATEGIC TR	201,999	$6.44M	0.45%	+4,447	Timeline
SCHASCHWAB STRATEGIC TR	57,518	$4.01M	0.28%	+172	Timeline
VEAVANGUARD TAX-MANAGED FDS	87,794	$3.61M	0.25%	+3,033	Timeline
IJHISHARES TR	17,746	$3.43M	0.24%	-264	Timeline
MBBISHARES TR	31,261	$3.39M	0.24%	-2,653	Timeline
SHYISHARES TR	39,561	$3.36M	0.23%	+18,293	Timeline
SCHMSCHWAB STRATEGIC TR	59,347	$3.35M	0.23%	+1,026	Timeline
FLGBFRANKLIN TEMPLETON ETF TR	139,641	$3.27M	0.23%	-127,324	Timeline
LQDISHARES TR	24,930	$3.18M	0.22%	+103	Timeline
IJRISHARES TR	40,322	$3.14M	0.22%	+528	Timeline
SCHRSCHWAB STRATEGIC TR	44,329	$2.46M	0.17%	-30,223	Timeline
GOOGALPHABET INC	1,959	$2.39M	0.17%	-18	Timeline
SPSMSPDR SERIES TRUST	78,058	$2.34M	0.16%	+11,090	Timeline
GOOGLALPHABET INC	1,880	$2.3M	0.16%	+6	Timeline
SPMDSPDR SERIES TRUST	67,575	$2.29M	0.16%	+9,394	Timeline
UBS AG JERSEY BRHUBS AG JERSEY BRH	151,383	$2.2M	0.15%	+11,953
GLTRABRDN PRECIOUS METALS BASKET	28,639	$2.08M	0.14%	-3,053	Timeline
IEFAISHARES TR	32,655	$1.99M	0.14%	+837	Timeline
MINTPIMCO ETF TR	19,414	$1.98M	0.14%	-7,590	Timeline
ITOTISHARES TR	28,490	$1.91M	0.13%	0	Timeline
IYHISHARES TR	9,776	$1.85M	0.13%	+4,549	Timeline
MUBISHARES TR	16,075	$1.83M	0.13%	-169	Timeline
iShares MSCI Frontier 100iShares MSCI Frontier 100	63,571	$1.79M	0.12%	+1,967
FRELFIDELITY COVINGTON TRUST	62,766	$1.75M	0.12%	-3,197	Timeline
AAPLAPPLE INC	7,349	$1.65M	0.11%	-231	Timeline
SCHHSCHWAB STRATEGIC TR	33,750	$1.59M	0.11%	+369	Timeline
IGOVISHARES TR	30,152	$1.52M	0.11%	+662	Timeline
HIGHLAND FDS IHIGHLAND FDS I	86,493	$1.51M	0.11%	-859
PCYINVESCO EXCH TRADED FD TR II	51,582	$1.5M	0.1%	-1,507	Timeline
ITBISHARES TR	33,744	$1.46M	0.1%	0	Timeline
BWXSPDR SERIES TRUST	49,871	$1.43M	0.1%	-2,849	Timeline
BCIABRDN ETFS	61,339	$1.35M	0.09%	-592	Timeline
SCHESCHWAB STRATEGIC TR	52,751	$1.33M	0.09%	+369	Timeline
DBJPDBX ETF TR	32,753	$1.3M	0.09%	0	Timeline
VDEVANGUARD WORLD FD	15,726	$1.23M	0.09%	+1,143	Timeline
EMBISHARES TR	10,362	$1.17M	0.08%	+23	Timeline
HYGISHARES TR	13,432	$1.17M	0.08%	+91	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	3,919	$1.16M	0.08%	+234	Timeline
BKLNINVESCO EXCH TRADED FD TR II	50,685	$1.15M	0.08%	+650	Timeline
VWOVANGUARD INTL EQUITY INDEX F	28,156	$1.13M	0.08%	+1,340	Timeline
VNQVANGUARD INDEX FDS	12,097	$1.13M	0.08%	+485	Timeline
KRESPDR SERIES TRUST	21,351	$1.13M	0.08%	+325	Timeline
SPDWSPDR INDEX SHS FDS	38,328	$1.12M	0.08%	+8,225	Timeline
GOVTISHARES TR	42,494	$1.12M	0.08%	+1,176	Timeline
VOXVANGUARD WORLD FD	12,220	$1.06M	0.07%	-6,715	Timeline
ISHARES GOLD TRUSTISHARES GOLD TRUST	74,226	$1.05M	0.07%	-459,165
SPABSPDR SERIES TRUST	33,641	$997K	0.07%	+2,295	Timeline
MSFTMICROSOFT CORP	7,038	$978K	0.07%	-206	Timeline
MKCMCCORMICK & CO INC	6,238	$975K	0.07%	0	Timeline
HYSPIMCO ETF TR	9,738	$971K	0.07%	+226	Timeline
IEMGISHARES INC	19,134	$938K	0.07%	-631,564	Timeline
SPTLSPDR SERIES TRUST	22,208	$911K	0.06%	-1,157	Timeline
VNLAJANUS DETROIT STR TR	18,164	$909K	0.06%	new	Timeline
NEENEXTERA ENERGY INC	3,870	$902K	0.06%	+8	Timeline
CORPPIMCO ETF TR	8,130	$892K	0.06%	+29	Timeline
VFHVANGUARD WORLD FD	12,226	$856K	0.06%	-8,264	Timeline
BABOEING CO	2,147	$817K	0.06%	-132	Timeline
HEDJWISDOMTREE TR	11,098	$747K	0.05%	+28	Timeline
TAT&T INC	19,640	$743K	0.05%	-2,185	Timeline
JNJJOHNSON & JOHNSON	5,738	$742K	0.05%	-577	Timeline
PGPROCTER & GAMBLE CO	5,842	$727K	0.05%	+1,055	Timeline
SGOLETFS GOLD TR	5,013	$712K	0.05%	-148,929	Timeline
SPMBSPDR SERIES TRUST	26,334	$692K	0.05%	+1,828	Timeline
XOMEXXON MOBIL CORP	9,711	$686K	0.05%	+1,387	Timeline
VTIVANGUARD INDEX FDS	4,517	$682K	0.05%	0	Timeline
BACBANK OF AMER CORP	22,951	$669K	0.05%	-5,105	Timeline
MKC-VMCCORMICK & CO INC	4,256	$663K	0.05%	0	Timeline
USDUWISDOMTREE TR	23,132	$652K	0.05%	0	Timeline
EPPISHARES INC	13,984	$626K	0.04%	0	Timeline
JNKSPDR SERIES TRUST	5,729	$623K	0.04%	-562	Timeline
VAWVANGUARD WORLD FD	4,757	$601K	0.04%	-290	Timeline
IEIISHARES TR	4,608	$584K	0.04%	-806	Timeline
SBRSABINE RTY TR	13,438	$581K	0.04%	0	Timeline
FLRNSPDR SERIES TRUST	18,348	$564K	0.04%	-32,865	Timeline
LMBSFIRST TR EXCHANGE-TRADED FD	10,560	$549K	0.04%	-13,311	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	2,623	$546K	0.04%	+1,106	Timeline
VDCVANGUARD WORLD FD	3,234	$506K	0.04%	new	Timeline
XLESELECT SECTOR SPDR TR	8,483	$502K	0.03%	-267,929	Timeline
USRTISHARES TR	8,377	$465K	0.03%	+1,315	Timeline
IHEISHARES TR	3,315	$464K	0.03%	0	Timeline
SOSOUTHERN CO	7,396	$457K	0.03%	-574	Timeline
CSXCSX CORP	6,453	$447K	0.03%	+1,027	Timeline
SHMSPDR SERIES TRUST	9,102	$446K	0.03%	+1,020	Timeline
IVWISHARES TR	2,462	$443K	0.03%	0	Timeline
VWOBVANGUARD WHITEHALL FDS	5,423	$437K	0.03%	+292	Timeline
VZVERIZON COMMUNICATIONS INC	6,755	$408K	0.03%	+63	Timeline
MCDMCDONALDS CORP	1,860	$399K	0.03%	+24	Timeline
VMBSVANGUARD SCOTTSDALE FDS	7,367	$392K	0.03%	+352	Timeline
CMACOMERICA INC	5,933	$392K	0.03%	0	Timeline
PEPPEPSICO INC	2,831	$388K	0.03%	+1,087	Timeline
XBISPDR SERIES TRUST	4,940	$377K	0.03%	-13,563	Timeline
MRKMERCK & CO INC	4,303	$362K	0.03%	-137	Timeline
PNCPNC FINL SVCS GROUP INC	2,583	$362K	0.03%	0	Timeline
GLOBAL X FDSGLOBAL X FDS	42,556	$357K	0.02%	new
AMZNAMAZON COM INC	194	$337K	0.02%	-138	Timeline
CHHCHOICE HOTELS INTL INC	3,466	$308K	0.02%	0	Timeline
DISDISNEY WALT CO	2,356	$307K	0.02%	-1,004	Timeline
IBMINTERNATIONAL BUSINESS MACHS	2,104	$306K	0.02%	+1	Timeline
NSCNORFOLK SOUTHN CORP	1,704	$306K	0.02%	new	Timeline
IDAIDACORP INC	2,715	$306K	0.02%	0	Timeline
VVISA INC	1,758	$302K	0.02%	new	Timeline
USHYISHARES TR	7,246	$297K	0.02%	+481	Timeline
CVSCVS HEALTH CORP	4,662	$294K	0.02%	-106	Timeline
SPIPSPDR SERIES TRUST	10,036	$286K	0.02%	+5,362	Timeline
MAMASTERCARD INCORPORATED	1,050	$285K	0.02%	0	Timeline
TROWPRICE T ROWE GROUP INC	2,453	$280K	0.02%	0	Timeline
CLCOLGATE PALMOLIVE CO	3,787	$278K	0.02%	+8	Timeline
BSVVANGUARD BD INDEX FDS	3,424	$277K	0.02%	0	Timeline
FTSLFIRST TR EXCHANGE-TRADED FD	5,840	$277K	0.02%	+484	Timeline
JPMJPMORGAN CHASE & CO	2,329	$274K	0.02%	-683	Timeline
IWBISHARES TR	1,584	$261K	0.02%	0	Timeline
SPEMSPDR INDEX SHS FDS	7,261	$249K	0.02%	+1,606	Timeline
VEUVANGUARD INTL EQUITY INDEX F	4,969	$248K	0.02%	0	Timeline
CSCOCISCO SYS INC	4,653	$230K	0.02%	new	Timeline
PFEPFIZER INC	6,393	$230K	0.02%	+212	Timeline
IBNDSPDR SERIES TRUST	6,739	$224K	0.02%	+802	Timeline
IVEISHARES TR	1,821	$217K	0.02%	+10	Timeline
WMTWALMART INC	1,796	$213K	0.01%	new	Timeline

Sold out in Q3 2019

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

Security	Shares before	Value before	Type
GBILGOLDMAN SACHS ETF TR	746,160	$74.9M	shares
ASHRDBX ETF TR	577,111	$16.3M	shares
CNYAISHARES TR	118,227	$3.37M	shares
DIVOAMPLIFY ETF TR	30,475	$919K	shares
ITAISHARES TR	3,060	$655K	shares
VOOVANGUARD INDEX FDS	1,822	$490K	shares
VGTVANGUARD WORLD FD	2,148	$453K	shares
SPDR SERIES TRUSTSPDR SERIES TRUST	11,382	$310K	shares
IGMISHARES TR	1,432	$309K	shares
CCITIGROUP INC	4,110	$288K	shares
VCRVANGUARD WORLD FD	1,580	$283K	shares
FKUFIRST TR EXCH TRD ALPHDX FD	7,593	$276K	shares
DSLDOUBLELINE INCOME SOLUTIONS	13,685	$273K	shares
BLACKSTONE GROUP LP/THEBLACKSTONE GROUP LP/THE	5,790	$257K	shares
IBBISHARES TR	2,165	$236K	shares
METAMETA PLATFORMS INC	1,105	$213K	shares
AEPAMERICAN ELEC PWR CO INC	2,425	$213K	shares
VYMVANGUARD WHITEHALL FDS	2,371	$207K	shares
ALPS ETF TRALPS ETF TR	20,390	$201K	shares
HYTBLACKROCK CORPOR HI YLD FD I	12,250	$131K	shares
PPTFRANKLIN PREMIER INCOME TR	15,175	$78K	shares
EVFEATON VANCE SR INCOME TR	11,060	$69K	shares

How Q3 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 0001504404-19-000006	base		2019-10-17	acceptance time not in the bulk data set	2026-10-07 18:55:06 UTC