PINNACLE ADVISORY GROUP, INC. Information

6345 WOODSIDE COURT, COLUMBIA, Maryland, 21046, (410) 995-6630

Report Date: 09/30/2014

Position Statistics

Total Positions 151
New Positions 30
Increased Positions 70
Decreased Positions 50
Positions with Activity 120
Sold Out Positions 19
Total Mkt Value (in $ millions) 780

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.23%
Capital Goods 0.1%
Conglomerates
Consumer Cyclical 0.03%
Consumer/Non-Cyclical 0.54%
Energy 0.49%
Financial 91.65%
Healthcare 0.39%
Services 0.38%
Technology 0.72%
Transportation
Utilities 0.35%

151 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SELECT SECTOR SPDR TR SBI INT-FINL 122,712 3,639 3.06 5,332,971
ISHARES EMU ETF 67,730 67,730 New 1,846,518
RYDEX ETF TRUST GUG S&P500EQWTTE 56,633 288 .51 655,623
VANGUARD WORLD FDS HEALTH CAR ETF 49,757 17,855 55.97 389,606
SELECT SECTOR SPDR TR SBI CONS STPLS 48,350 -21,491 (30.77) 1,006,878
SELECT SECTOR SPDR TR SBI CONS DISCR 45,786 532 1.18 654,179
SELECT SECTOR SPDR TR SBI INT-INDS 41,264 1,149 2.86 756,172
ISHARES US HLTHCR PR ETF 33,730 61 .18 284,400
SELECT SECTOR SPDR TR SBI INT-ENERGY 31,351 853 2.80 414,976
ISHARES U.S. MED DVC ETF 30,902 401 1.32 272,118
ISHARES NAT AMT FREE BD 25,706 1,424 5.87 229,317
WISDOMTREE TR INTL DIV EX FINL 25,106 1,091 4.54 578,605
ISHARES TR MSCI UTD KNGDM 22,945 22,945 New 1,271,906
ISHARES MSCI SZ CAP ETF 22,653 22,653 New 713,488
BARCLAYS BK PLC DJUBS CMDT ETN36 20,663 20,468 10,473.83 723,250
UBS AG JERSEY BRH CMCI ETN 38 18,813 765 4.24 1,220,010
ISHARES TR 1-3 YR TR BD ETF 10,775 754 7.52 126,800
ARCH CAP GROUP LTD ORD 9,542 9,542 New 164,598
SPDR SERIES TRUST NUVN BRCLY MUNI 9,230 543 6.25 374,127
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2015 6,484 152 2.39 299,643