CLIENT RELATIONSHIP SPEC

0001504404-20-000001.txt : 20200205 0001504404-20-000001.hdr.sgml : 20200205 20200205105516 ACCESSION NUMBER: 0001504404-20-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200205 DATE AS OF CHANGE: 20200205 EFFECTIVENESS DATE: 20200205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Pinnacle Advisory Group, Inc. CENTRAL INDEX KEY: 0001504404 IRS NUMBER: 201126571 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14011 FILM NUMBER: 20576719 BUSINESS ADDRESS: STREET 1: 6345 WOODSIDE COURT STREET 2: SUITE 100 CITY: COLUMBIA STATE: MD ZIP: 21046 BUSINESS PHONE: 410-995-6630 MAIL ADDRESS: STREET 1: 6345 WOODSIDE COURT STREET 2: SUITE 100 CITY: COLUMBIA STATE: MD ZIP: 21046 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001504404 XXXXXXXX 12-31-2019 12-31-2019 Pinnacle Advisory Group, Inc.

6345 WOODSIDE COURT SUITE 100 COLUMBIA MD 21046

13F HOLDINGS REPORT 028-14011 N KARIMA ESCALONA CLIENT RELATIONSHIP SPEC 4109956630 KARIMA ESCALONA COLUMBIA MD 02-05-2020 0 163 1485208 false INFORMATION TABLE 2 Final13FRunQ4-2019.xml SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 14799 240940 SH SOLE 0 0 240940 ISHARES TR NATIONAL MUN ETF 464288414 1855 16286 SH SOLE 0 0 16286 SPDR S&P 500 ETF TR TR UNIT 78462F103 1271 3949 SH SOLE 0 0 3949 SABINE ROYALTY TR UNIT BEN INT 785688102 542 13438 SH SOLE 0 0 13438 SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 55517 1035187 SH SOLE 0 0 1035187 ADOBE INC COM 00724F101 528 1600 SH SOLE 0 0 1600 COMERICA INC COM 200340107 426 5933 SH SOLE 0 0 5933 SELECT SECTOR SPDR TR ENERGY 81369Y506 18672 310991 SH SOLE 0 0 310991 APPLE INC COM 037833100 2178 7418 SH SOLE 0 0 7418 ISHARES TR MSCI UK ETF NEW 46435G334 24206 709848 SH SOLE 0 0 709848 PIMCO ETF TR INV GRD CRP BD 72201R817 888 8077 SH SOLE 0 0 8077 SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 1963 35743 SH SOLE 0 0 35743 ISHARES TR U.S. TECH ETF 464287721 90188 387741 SH SOLE 0 0 387741 ABERDEEN STD PRECIOUS METALS PHYSCL PM BASKET 003263100 2248 29427 SH SOLE 0 0 29427 SCHWAB STRATEGIC TR US AGGREGATE B 808524839 8535 159734 SH SOLE 0 0 159734 ISHARES TR U.S. ENERGY ETF 464287796 4285 133404 SH SOLE 0 0 133404 SPDR SERIES TRUST PORTFOLIO CRPORT 78464A144 265 7826 SH SOLE 0 0 7826 SPDR SERIES TRUST PORTFOLIO INTRMD 78464A375 57186 1619538 SH SOLE 0 0 1619538 ISHARES TR US TREAS BD ETF 46429B267 1095 42231 SH SOLE 0 0 42231 EXXON MOBIL CORP COM 30231G102 675 9667 SH SOLE 0 0 9667 INVESCO ACTIVELY MANAGD ETF ULTRA SHRT DUR 46090A887 65943 1308904 SH SOLE 0 0 1308904 SPDR SERIES TRUST BLOOMBERG BRCLYS 78468R622 659 6019 SH SOLE 0 0 6019 VANGUARD WORLD FDS ENERGY ETF 92204A306 1270 15585 SH SOLE 0 0 15585 JPMORGAN CHASE & CO COM 46625H100 222 1592 SH SOLE 0 0 1592 INVESCO EXCHNG TRADED FD TR EMRNG MKT SVRG 46138E784 1559 52691 SH SOLE 0 0 52691 ISHARES TR BARCLAYS 7 10 YR 464287440 72963 661972 SH SOLE 0 0 661972 ISHARES INC CORE MSCI EMKT 46434G103 942 17531 SH SOLE 0 0 17531 VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 267 4969 SH SOLE 0 0 4969 SPDR SERIES TRUST PORTFOLIO LR ETF 78464A854 9431 249372 SH SOLE 0 0 249372 ISHARES TR IBOXX INV CP ETF 464287242 3364 26293 SH SOLE 0 0 26293 ISHARES TR 3 7 YR TREAS BD 464288661 586 4659 SH SOLE 0 0 4659 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 6998 208090 SH SOLE 0 0 208090 VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 412 7741 SH SOLE 0 0 7741 DBX ETF TR XTRACK USD HIGH 233051432 209 4142 SH SOLE 0 0 4142 ISHARES TR CORE S&P TTL STK 464287150 2071 28490 SH SOLE 0 0 28490 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 104591 3398008 SH SOLE 0 0 3398008 ISHARES INC MSCI EURZONE ETF 464286608 49839 1188919 SH SOLE 0 0 1188919 AUTOMATIC DATA PROCESSING IN COM 053015103 455 2667 SH SOLE 0 0 2667 VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 32213 168001 SH SOLE 0 0 168001 ISHARES GOLD TRUST ISHARES 464285105 1050 72420 SH SOLE 0 0 72420 JANUS DETROIT STR TR HENDRSN SHRT ETF 47103U886 567 11428 SH SOLE 0 0 11428 ISHARES TR IBOXX HI YD ETF 464288513 1171 13315 SH SOLE 0 0 13315 ISHARES TR S&P 500 GRWT ETF 464287309 477 2462 SH SOLE 0 0 2462 FRANKLIN TEMPLETON ETF TR FTSE UNTD KGDM 35473P678 3489 137533 SH SOLE 0 0 137533 MCCORMICK & CO INC COM VTG 579780107 728 4256 SH SOLE 0 0 4256 VERIZON COMMUNICATIONS INC COM 92343V104 425 6926 SH SOLE 0 0 6926 CSX CORP COM 126408103 264 3653 SH SOLE 0 0 3653 HIGHLAND FDS I HI LD IBOXX SRLN 430101774 1587 90500 SH SOLE 0 0 90500 SPDR SERIES TRUST S&P REGL BKG 78464A698 1236 21212 SH SOLE 0 0 21212 WISDOMTREE TR EUROPE HEDGED EQ 97717X701 781 11070 SH SOLE 0 0 11070 FIDELITY COVINGTON TR MSCI RL EST ETF 316092857 1366 49037 SH SOLE 0 0 49037 ISHARES INC MSCI SWITZERLAND 464286749 16115 396528 SH SOLE 0 0 396528 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 21348 330363 SH SOLE 0 0 330363 ISHARES TR CORE MSCI EAFE 46432F842 2095 32107 SH SOLE 0 0 32107 ISHARES TR RUS 1000 ETF 464287622 283 1584 SH SOLE 0 0 1584 SPDR SERIES TRUST PORTFLI TIPS ETF 78464A656 314 10989 SH SOLE 0 0 10989 ISHARES TR CORE S&P MCP ETF 464287507 3770 18319 SH SOLE 0 0 18319 ISHARES TR RUS MID CAP ETF 464287499 473 7936 SH SOLE 0 0 7936 MICROSOFT CORP COM 594918104 1066 6759 SH SOLE 0 0 6759 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 19614 255358 SH SOLE 0 0 255358 ISHARES TR S&P 500 VAL ETF 464287408 257 1978 SH SOLE 0 0 1978 SPDR SERIES TRUST PORTFLI MORTGAGE 78464A383 1047 40103 SH SOLE 0 0 40103 ISHARES INC MSCI GERMANY ETF 464286806 26982 917748 SH SOLE 0 0 917748 SPDR SERIES TRUST PORTFOLIO AGRGTE 78464A649 1440 49011 SH SOLE 0 0 49011 MCDONALDS CORP COM 580135101 349 1767 SH SOLE 0 0 1767 ALPHABET INC CAP STK CL A 02079K305 2517 1879 SH SOLE 0 0 1879 SPDR INDEX SHS FDS PORTFOLIO EMG MK 78463X509 389 10356 SH SOLE 0 0 10356 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 60095 589972 SH SOLE 0 0 589972 VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 3893 88358 SH SOLE 0 0 88358 SCHWAB STRATEGIC TR SHT TM US TRES 808524862 57629 1141626 SH SOLE 0 0 1141626 WISDOMTREE TR BLMBG US BULL 97717W471 617 23132 SH SOLE 0 0 23132 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1267 28492 SH SOLE 0 0 28492 VANECK VECTORS ETF TRUST GOLD MINERS ETF 92189F106 26849 916970 SH SOLE 0 0 916970 ISHARES TR U.S. PHARMA ETF 464288836 531 3315 SH SOLE 0 0 3315 BANK AMER CORP COM 060505104 808 22951 SH SOLE 0 0 22951 ISHARES INC MSCI JPN ETF NEW 46434G822 31253 527559 SH SOLE 0 0 527559 ISHARES TR CRE U S REIT ETF 464288521 490 8970 SH SOLE 0 0 8970 DBX ETF TR XTRACK MSCI JAPN 233051507 1380 32352 SH SOLE 0 0 32352 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 57314 456979 SH SOLE 0 0 456979 ISHARES INC MSCI AUST ETF 464286103 19322 853447 SH SOLE 0 0 853447 ISHARES INC MSCI PAC JP ETF 464286665 647 13984 SH SOLE 0 0 13984 JOHNSON & JOHNSON COM 478160104 823 5640 SH SOLE 0 0 5640 ISHARES TR INTL TREA BD ETF 464288117 1511 30125 SH SOLE 0 0 30125 SCHWAB STRATEGIC TR US REIT ETF 808524847 1700 36980 SH SOLE 0 0 36980 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 1480 54063 SH SOLE 0 0 54063 PFIZER INC COM 717081103 257 6553 SH SOLE 0 0 6553 CHOICE HOTELS INTL INC COM 169905106 358 3466 SH SOLE 0 0 3466 DISNEY WALT CO COM DISNEY 254687106 300 2077 SH SOLE 0 0 2077 VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 235 2912 SH SOLE 0 0 2912 ISHARES TR TIPS BD ETF 464287176 7090 60825 SH SOLE 0 0 60825 PEPSICO INC COM 713448108 387 2834 SH SOLE 0 0 2834 CVS HEALTH CORP COM 126650100 350 4712 SH SOLE 0 0 4712 SPDR SERIES TRUST BLOMBERG INTL TR 78464A516 1487 51598 SH SOLE 0 0 51598 NEXTERA ENERGY INC COM 65339F101 265 1096 SH SOLE 0 0 1096 SPDR SERIES TRUST PORTFOLIO SM ETF 78468R853 2640 80895 SH SOLE 0 0 80895 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 32396 514382 SH SOLE 0 0 514382 AT&T INC COM 00206R102 774 19810 SH SOLE 0 0 19810 AMAZON COM INC COM 023135106 353 191 SH SOLE 0 0 191 SPDR SERIES TRUST BLOMBRG BRC INTL 78464A151 273 8006 SH SOLE 0 0 8006 GOLDMAN SACHS ETF TR ACCESS INVT GR 381430479 28201 536133 SH SOLE 0 0 536133 COLGATE PALMOLIVE CO COM 194162103 260 3779 SH SOLE 0 0 3779 UBS AG JERSEY BRH DJ COMMD ETN39 902641679 2355 155286 SH SOLE 0 0 155286 PRICE T ROWE GROUP INC COM 74144T108 290 2378 SH SOLE 0 0 2378 SPDR SERIES TRUST PORTFOLIO SH TSR 78468R101 9690 323436 SH SOLE 0 0 323436 PIMCO ETF TR 0-5 HIGH YIELD 72201R783 968 9711 SH SOLE 0 0 9711 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 4798 63436 SH SOLE 0 0 63436 BOEING CO COM 097023105 700 2150 SH SOLE 0 0 2150 VANGUARD WORLD FDS CONSUM STP ETF 92204A207 510 3165 SH SOLE 0 0 3165 ISHARES TR US HLTHCARE ETF 464287762 2048 9495 SH SOLE 0 0 9495 ISHARES TR JPMORGAN USD EMG 464288281 1174 10252 SH SOLE 0 0 10252 JANUS DETROIT STR TR HENDERSON MTG 47103U852 34258 658433 SH SOLE 0 0 658433 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 42125 517061 SH SOLE 0 0 517061 ISHARES TR CORE S&P SCP ETF 464287804 3401 40564 SH SOLE 0 0 40564 CISCO SYS INC COM 17275R102 221 4599 SH SOLE 0 0 4599 ISHARES TR 1 3 YR TREAS BD 464287457 2612 30859 SH SOLE 0 0 30859 ISHARES TR US HOME CONS ETF 464288752 1493 33604 SH SOLE 0 0 33604 ISHARES INC MSCI FRNTR100ETF 464286145 2037 67127 SH SOLE 0 0 67127 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 564 2492 SH SOLE 0 0 2492 PROCTER & GAMBLE CO COM 742718109 718 5745 SH SOLE 0 0 5745 VANGUARD WORLD FDS FINANCIALS ETF 92204A405 1381 18110 SH SOLE 0 0 18110 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 1135 12235 SH SOLE 0 0 12235 SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 201 4308 SH SOLE 0 0 4308 GLOBAL X FDS US INFR DEV ETF 37954Y673 25565 1435444 SH SOLE 0 0 1435444 VISA INC COM CL A 92826C839 323 1719 SH SOLE 0 0 1719 FACEBOOK INC CL A 30303M102 227 1105 SH SOLE 0 0 1105 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 78683 858333 SH SOLE 0 0 858333 ISHARES TR PHLX SEMICND ETF 464287523 203 810 SH SOLE 0 0 810 NORFOLK SOUTHERN CORP COM 655844108 253 1304 SH SOLE 0 0 1304 ISHARES TR CORE US AGGBD ET 464287226 8308 73935 SH SOLE 0 0 73935 FIRST TR EXCHANGE TRADED FD SENIOR LN FD 33738D309 321 6707 SH SOLE 0 0 6707 BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 25728 1126449 SH SOLE 0 0 1126449 PNC FINL SVCS GROUP INC COM 693475105 412 2583 SH SOLE 0 0 2583 VANGUARD INDEX FDS TOTAL STK MKT 922908769 720 4402 SH SOLE 0 0 4402 VANGUARD WHITEHALL FDS INC EMERG MKT BD ETF 921946885 673 8272 SH SOLE 0 0 8272 SMITH A O CORP COM 831865209 229 4800 SH SOLE 0 0 4800 SOUTHERN CO COM 842587107 420 6596 SH SOLE 0 0 6596 FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 668 12888 SH SOLE 0 0 12888 INTERNATIONAL BUSINESS MACHS COM 459200101 282 2105 SH SOLE 0 0 2105 ABERDEEN STD INVTS ETFS BBRG ALL COMD K1 003261104 1564 68979 SH SOLE 0 0 68979 SCHWAB STRATEGIC TR US TIPS ETF 808524870 17609 310947 SH SOLE 0 0 310947 GLOBAL X FDS GLB X MLP ENRG I 37950E226 1141 92911 SH SOLE 0 0 92911 VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 979 3308 SH SOLE 0 0 3308 SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 13540 350139 SH SOLE 0 0 350139 FRANKLIN TEMPLETON ETF TR FTSE JAPAN ETF 35473P744 10496 401369 SH SOLE 0 0 401369 MERCK & CO INC COM 58933Y105 390 4283 SH SOLE 0 0 4283 ISHARES TR RUS 1000 GRW ETF 464287614 251 1425 SH SOLE 0 0 1425 ISHARES TR RUSSELL 2000 ETF 464287655 572 3454 SH SOLE 0 0 3454 VANGUARD WORLD FDS COMM SRVC ETF 92204A884 1117 11893 SH SOLE 0 0 11893 SPDR SERIES TRUST PORTFOLIO MD ETF 78464A847 2540 70120 SH SOLE 0 0 70120 MCCORMICK & CO INC COM NON VTG 579780206 1018 6000 SH SOLE 0 0 6000 ISHARES TR MBS ETF 464288588 3473 32142 SH SOLE 0 0 32142 ISHARES TR 20 YR TR BD ETF 464287432 43453 320732 SH SOLE 0 0 320732 ISHARES TR BROAD USD HIGH 46435U853 338 8227 SH SOLE 0 0 8227 SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889 1602 51107 SH SOLE 0 0 51107 ALPHABET INC CAP STK CL C 02079K107 2617 1957 SH SOLE 0 0 1957 SPDR SERIES TRUST NUVEEN BLMBRG SR 78468R739 374 7612 SH SOLE 0 0 7612 PIMCO ETF TR ENHAN SHRT MA AC 72201R833 1846 18172 SH SOLE 0 0 18172 ISHARES TR CORE S&P500 ETF 464287200 22634 70024 SH SOLE 0 0 70024 VANECK VECTORS ETF TRUST BIOTECH ETF 92189F726 267 1914 SH SOLE 0 0 1914 SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 3906 64933 SH SOLE 0 0 64933 INVESCO EXCHNG TRADED FD TR SR LN ETF 46138G508 1194 52329 SH SOLE 0 0 52329 SPDR SERIES TRUST PORTFOLIO LN TSR 78464A664 842 21660 SH SOLE 0 0 21660