PINNACLE ADVISORY GROUP, INC. Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 162
New Positions 30
Increased Positions 71
Decreased Positions 56
Positions with Activity 127
Sold Out Positions 11
Total Mkt Value (in $ millions) 1,124

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

Sector Weighting

Basic Materials 0.1%
Capital Goods 0.07%
Conglomerates
Consumer Cyclical 0.04%
Consumer/Non-Cyclical 0.31%
Energy 0.32%
Financial 89.28%
Healthcare 0.27%
Services 0.29%
Technology 0.85%
Transportation 0.02%
Utilities 0.21%

162 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SELECT SECTOR SPDR TR SBI INT-FINL 127,944 -634 (0.49) 5,306,691
ISHARES TR U.S. TECH ETF 89,861 89,861 New 856,149
CLAYMORE EXCHANGE TRD FD TR GUGG ENH SHT DUR 67,935 67,935 New 1,357,071
RYDEX ETF TRUST GUG S&P500EQWTTE 60,495 243 .40 658,272
VANGUARD WORLD FDS HEALTH CAR ETF 54,498 1,698 3.22 402,138
SELECT SECTOR SPDR TR SBI CONS STPLS 49,257 182 .37 1,010,602
ISHARES EMU ETF 44,947 -26,292 (36.91) 1,165,032
SELECT SECTOR SPDR TR SBI INT-INDS 44,633 2,461 5.84 800,297
ISHARES TR 7-10 Y TR BD ETF 43,657 43,657 New 402,774
ISHARES TR 20+ YR TR BD ETF 39,552 39,552 New 302,638
ISHARES TR PHLX SEMICND ETF 38,509 38,509 New 409,579
ISHARES US HLTHCR PR ETF 37,608 -234 (0.62) 282,638
FIDELITY MSCI HLTH CARE I 32,041 31,601 7,187.15 908,708
SELECT SECTOR SPDR TR SBI CONS DISCR 27,784 -21,509 (43.64) 368,730
ISHARES NAT AMT FREE BD 26,481 1,118 4.41 239,429
SELECT SECTOR SPDR TR SBI INT-ENERGY 25,858 -6,336 (19.68) 333,308
ISHARES MSCI SZ CAP ETF 23,688 -7 (0.03) 713,291
ISHARES TR MSCI UTD KNGDM 23,631 724 3.16 1,312,107
ISHARES MSCI SPAN CP ETF 23,439 23,084 6,500 673,926
ISHARES US HOME CONS ETF 22,093 22,093 New 782,605