Pinnacle Advisory Group, Inc.
Filing Date
Global Rank
#1,231
/ 6,038
▲ 190
· as of Mar 2021
Top Industry
Asset Management
50.0%
Period ended 5 years ago
Filed May 12, 2021 · 5y
5 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Mar 31, 2021, never from the firm's own description.
Style
Concentrated
The top 10 positions are 75.8% of the book (60%+)
Turnover
Medium turnover
47.4% over the last four quarters (30% to under 100%)
Horizon
Horizon unknown
The value-weighted holding period is at least 4.3 quarters, but 73.4% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 93.1%; sector active share 61.5% against the combined 13F book's sector weights.
Over time 5 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
242 tracked positions · as of Mar 31, 2021 · Δ vs Dec 31, 2020Top Position
28.3%
−2.8 pts
Top 5
58.0%
−9.4 pts
Top 10
75.8%
−7.7 pts
HHI
1,146
Diversified−263
Portfolio Trend
5 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 90.6% | $1,416,470,986 |
| Financial Services | 5.1% | $79,524,129 |
| Technology | 1.2% | $18,114,725 |
| Communication Services | 0.7% | $11,684,631 |
| Utilities | 0.7% | $11,375,571 |
| Consumer Defensive | 0.7% | $11,296,048 |
| Healthcare | 0.4% | $5,979,158 |
| Consumer Cyclical | 0.3% | $4,004,202 |
| Industrials | 0.2% | $3,838,342 |
| Energy | 0.1% | $1,784,000 |
| Basic Materials | 0.0% | $16,897 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| COMB | GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF | +1,857,776 | 2,813,411 | $0 | |
| FLGB | +1,090,972 | 1,700,943 | $40,635,528 | ||
| SRLN | State Street(R) Blackstone Senior Loan ETF | +701,797 | 1,368,431 | $62,592,033 | |
| PAVE | Global X U.S. Infrastructure Development ETF | +525,048 | 2,108,888 | $52,848,733 | |
| KBE | State Street(R) SPDR(R) S&P(R) Bank ETF | +520,448 | 874,004 | $45,343,327 | |
| JMBS | Janus Henderson Mortgage-Backed Securities ETF | +517,230 | 1,869,846 | $99,214,028 | |
| XLF | State Street Corp | +382,071 | 2,062,603 | $70,231,632 | |
| EWG | iShares MSCI Germany ETF | +319,077 | 1,286,632 | $43,024,974 | |
| — | +297,487 | 819,060 | $34,621,666 | ||
| USIG | iShares Broad USD Investment Grade Corporate Bond ETF | +266,819 | 1,541,372 | $0 | |
| XLK | State Street(R) Technology Select Sector SPDR(R) ETF | +243,173 | 1,249,383 | $165,930,556 | |
| IEMG | iShares Trust | +216,569 | 853,270 | $0 | |
| IEF | iShares 7-10 Year Treasury Bond ETF | +204,508 | 701,461 | $0 | |
| EWJ | iShares MSCI Japan ETF | +181,559 | 744,612 | $51,020,814 | |
| FMB | First Trust Managed Municipal ETF | +174,333 | 643,975 | $36,339,509 | |
| VNLA | Janus Henderson Short Duration Income ETF | +156,353 | 821,285 | $41,217,009 | |
| TLT | iShares 20+ Year Treasury Bond ETF | +141,832 | 311,345 | $0 | |
| EPP | iShares MSCI Pacific ex Japan ETF | +139,070 | 620,330 | $31,159,175 | |
| XLI | State Street(R) Industrial Select Sector SPDR(R) ETF | +129,666 | 679,473 | $66,894,116 | |
| — | +105,012 | 419,179 | $33,031,305 | ||
| FNCL | Fidelity MSCI Financials Index ETF | +102,585 | 478,539 | $23,424,484 | |
| DJP | +99,081 | 395,732 | $9,363,019 | ||
| FLJP | Franklin FTSE Japan ETF | +71,896 | 437,258 | $13,297,015 | |
| EZU | iShares Trust | +71,833 | 887,619 | $0 | |
| ITB | iShares U.S. Home Construction ETF | +66,396 | 384,803 | $0 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
23 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| JPST | JPMorgan Ultra-Short Income ETF | −459,331 | 751,189 | $38,126,597 | |
| EWL | iShares MSCI Switzerland ETF | −327,172 | 5,220 | $230,776 | |
| SCHP | Schwab U.S. TIPS ETF | −271,040 | 52,478 | $3,209,554 | |
| — | −181,329 | 426,368 | $0 | ||
| IYW | iShares, Inc. | −157,055 | 476,733 | $41,809,484 | |
| XLC | State Street(R) Communication Services Select Sector SPDR(R) ETF | −68,306 | 736,067 | $53,968,432 | |
| XLV | State Street(R) Health Care Select Sector SPDR(R) ETF | −66,558 | 217,709 | $25,415,348 | |
| TIP | iShares TIPS Bond ETF | −43,844 | 18,515 | $0 | |
| DBJP | Xtrackers MSCI Japan Hedged Equity ETF | −28,331 | 4,021 | $200,527 | |
| VHT | VANGUARD HEALTH CARE INDEX FUND | −20,113 | 105,941 | $24,234,003 | |
| SPIB | State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | −17,330 | 9,381 | $340,061 | |
| BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | −17,073 | 101,146 | $2,354,678 | |
| GSY | Invesco Ultra Short Duration ETF | −15,913 | 33,338 | $1,682,902 | |
| KRE | State Street(R) SPDR(R) S&P(R) Regional Banking ETF | −8,973 | 25,835 | $1,713,893 | |
| SCHO | Schwab Short-Term U.S. Treasury ETF | −7,141 | 31,284 | $1,605,182 | |
| SO | Southern Co | −1,728 | 4,188 | $260,326 | |
| SPMD | State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF | −1,446 | 73,268 | $3,352,743 | |
| VDC | VANGUARD CONSUMER STAPLES INDEX FUND | −1,329 | 2,889 | $514,906 | |
| SCHA | Schwab U.S. Small-Cap ETF | −961 | 85,016 | $8,473,544 | |
| IEI | iShares 3-7 Year Treasury Bond ETF | −847 | 6,646 | $0 | |
| ESGU | iShares ESG Aware MSCI USA ETF | −458 | 3,184 | $0 | |
| ESML | iShares ESG Aware MSCI USA Small-Cap ETF | −152 | 9,868 | $0 | |
| IYH | iShares U.S. Healthcare ETF | −131 | 5,005 | $0 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| GLDM | World Gold Trust | 2,223,651 | $37,802,067 | |
| PEJ | Victory Portfolios II | 679,465 | $31,235,006 | |
| XLE | State Street(R) Energy Select Sector SPDR(R) ETF | 630,530 | $30,933,801 | |
| UGI | Ugi Corp | 207,684 | $8,517,120 | |
| VEA | Vanguard FTSE Developed Markets ETF | 110,541 | $5,428,668 | |
| PM | Philip Morris International Inc. | 35,189 | $3,122,671 | |
| BSV | VANGUARD SHORT-TERM BOND INDEX FUND | 30,731 | $2,525,780 | |
| SDY | State Street(R) SPDR(R) S&P(R) Dividend ETF | 17,541 | $2,070,364 | |
| MO | Altria Group, Inc. | 35,514 | $1,816,896 | |
| VOT | VANGUARD MID-CAP GROWTH INDEX FUND | 5,903 | $1,266,724 | |
| VOE | VANGUARD MID-CAP VALUE INDEX FUND | 8,192 | $1,104,855 | |
| VBR | VANGUARD SMALL-CAP VALUE INDEX FUND | 6,565 | $1,087,229 | |
| AMGN | Amgen Inc | 3,788 | $942,492 | |
| TXG | 10x Genomics, Inc. | 5,179 | $937,399 | |
| MDLZ | Mondelez International, Inc. | 15,494 | $906,863 | |
| NVDA | Nvidia Corp | 1,331 | $710,663 | |
| FTSM | First Trust Enhanced Short Maturity ETF | 11,765 | $705,547 | |
| AEP | American Electric Power Co Inc | 7,557 | $640,077 | |
| CBU | Community Financial System, Inc. | 7,488 | $574,479 | |
| QQQ | Invesco Qqq Trust, Series 1 | 1,745 | $556,881 | |
| SCHB | Schwab U.S. Broad Market ETF | 5,352 | $517,590 | |
| TSLA | Tesla, Inc. | 741 | $494,936 | |
| EEM | iShares MSCI Emerging Markets ETF | 9,209 | $491,208 | |
| JPM | Jpmorgan Chase & Co | 3,147 | $479,067 | |
| D | Dominion Energy, Inc | 6,261 | $475,585 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
12 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MLPX | Global X MLP and Energy Infrastructure ETF | 83,829 | $2,259,191 | |
| IAU | Ishares Gold Trust | 72,136 | $1,307,825 | |
| HEDJ | WisdomTree Europe Hedged Equity Fund | 11,070 | $733,941 | |
| XLRE | State Street(R) Real Estate Select Sector SPDR(R) ETF | 17,545 | $641,445 | |
| USDU | WisdomTree Bloomberg U.S. Dollar Bullish Fund | 23,132 | $579,225 | |
| LMBS | First Trust Low Duration Opportunities ETF | 10,503 | $540,589 | |
| PINS | Pinterest, Inc. | 5,357 | $353,026 | |
| KO | Coca Cola Co | 4,209 | $230,821 | |
| — | 8,500 | $230,715 | ||
| GLDW | World Gold Trust | 2,137,259 | $0 | |
| IHE | iShares U.S. Pharmaceuticals ETF | 3,973 | $0 | |
| EWU | iShares MSCI United Kingdom ETF | 23,024 | $0 | |
| No positions match the current search. | ||||
242 tracked positions ·
$1,564,088,689 total
· filing declares
253 positions · $2,173,086,000
· as of Mar 31, 2021
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Technology
Utilities
Showing 1–50
of 242 positions by value
· page 1 of 5
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
PUT
+ SHARES
|
Added | 1,249,483 | $165,943,837 | 10.61% | |
| JMBS |
Janus Henderson Mortgage-Backed Securities ETF
|
Added | 1,869,846 | $99,214,028 | 6.34% | |
| XLY |
State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF
|
Added | 589,909 | $99,146,005 | 6.34% | |
| XLF |
State Street Corp
Financial Services
|
Added | 2,062,603 | $70,231,632 | 4.49% | |
| XLI |
State Street(R) Industrial Select Sector SPDR(R) ETF
|
Added | 679,473 | $66,894,116 | 4.28% | |
| SRLN |
State Street(R) Blackstone Senior Loan ETF
|
Added | 1,368,431 | $62,592,033 | 4.00% | |
| XLC |
State Street(R) Communication Services Select Sector SPDR(R) ETF
|
Reduced | 736,067 | $53,968,432 | 3.45% | |
| PAVE |
Global X U.S. Infrastructure Development ETF
|
Added | 2,108,888 | $52,848,733 | 3.38% | |
| EWJ |
iShares MSCI Japan ETF
|
Added | 744,612 | $51,020,814 | 3.26% | |
| KBE |
State Street(R) SPDR(R) S&P(R) Bank ETF
|
Added | 874,004 | $45,343,327 | 2.90% | |
| EWG |
iShares MSCI Germany ETF
|
Added | 1,286,632 | $43,024,974 | 2.75% | |
| IYW |
iShares, Inc.
|
Reduced | 476,733 | $41,809,484 | 2.67% | |
| VNLA |
Janus Henderson Short Duration Income ETF
|
Added | 821,285 | $41,217,009 | 2.64% | |
| FLGB |
|
Added | 1,700,943 | $40,635,528 | 2.60% | |
| JPST |
JPMorgan Ultra-Short Income ETF
|
Reduced | 751,189 | $38,126,597 | 2.44% | |
| GLDM |
World Gold Trust
|
NEW | 2,223,651 | $37,802,067 | 2.42% | |
| FMB |
First Trust Managed Municipal ETF
|
Added | 643,975 | $36,339,509 | 2.32% | |
|
|
Added | 819,060 | $34,621,666 | 2.21% | ||
|
|
Added | 419,179 | $33,031,305 | 2.11% | ||
| PEJ |
Victory Portfolios II
|
NEW | 679,465 | $31,235,006 | 2.00% | |
| EPP |
iShares MSCI Pacific ex Japan ETF
|
Added | 620,330 | $31,159,175 | 1.99% | |
| XLE |
State Street(R) Energy Select Sector SPDR(R) ETF
|
NEW | 630,530 | $30,933,801 | 1.98% | |
| SCHX |
Schwab U.S. Large-Cap ETF
|
Added | 316,817 | $30,423,936 | 1.95% | |
| XLV |
State Street(R) Health Care Select Sector SPDR(R) ETF
|
Reduced | 217,709 | $25,415,348 | 1.62% | |
| VHT |
VANGUARD HEALTH CARE INDEX FUND
|
Reduced | 105,941 | $24,234,003 | 1.55% | |
| FNCL |
Fidelity MSCI Financials Index ETF
|
Added | 478,539 | $23,424,484 | 1.50% | |
| SCHZ |
Schwab U.S. Aggregate Bond ETF
|
Added | 263,404 | $14,210,645 | 0.91% | |
| FLJP |
Franklin FTSE Japan ETF
|
Added | 437,258 | $13,297,015 | 0.85% | |
| SPYM |
State Street(R) SPDR(R) Portfolio S&P 500(R) ETF
|
Added | 274,323 | $12,786,195 | 0.82% | |
| AAPL |
Apple Inc.
Technology
|
Added | 78,240 | $9,557,016 | 0.61% | |
| DJP |
|
Added | 395,732 | $9,363,019 | 0.60% | |
| UGI |
Ugi Corp
Utilities
|
NEW | 207,684 | $8,517,120 | 0.54% | |
| SCHA |
Schwab U.S. Small-Cap ETF
|
Reduced | 85,016 | $8,473,544 | 0.54% | |
| SCHF |
Schwab International Equity ETF
|
Added | 215,462 | $8,105,680 | 0.52% | |
| SCHM |
Schwab U.S. Mid-Cap ETF
|
Added | 93,812 | $6,982,427 | 0.45% | |
| SPDW |
State Street(R) SPDR(R) Portfolio Developed World ex-US ETF
|
Added | 195,485 | $6,912,349 | 0.44% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Added | 16,335 | $5,950,840 | 0.38% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
NEW | 110,541 | $5,428,668 | 0.35% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Added | 2,102 | $4,348,000 | 0.28% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 17,623 | $4,154,974 | 0.27% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 1,933 | $3,986,851 | 0.25% | |
| SPMD |
State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF
|
Reduced | 73,268 | $3,352,743 | 0.21% | |
| MINT |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
|
Added | 32,124 | $3,273,756 | 0.21% | |
| GLTR |
abrdn Precious Metals Basket ETF Trust
|
Added | 34,896 | $3,233,812 | 0.21% | |
| SCHP |
Schwab U.S. TIPS ETF
|
Reduced | 52,478 | $3,209,554 | 0.21% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
NEW | 35,189 | $3,122,671 | 0.20% | |
| SCHH |
Schwab U.S. REIT ETF
|
Added | 74,053 | $3,042,837 | 0.19% | |
| GDX |
VanEck Gold Miners ETF
CALL
+ SHARES
|
Added | 84,730 | $2,738,475 | 0.18% | |
| VWO |
VANGUARD EMERGING MARKETS STOCK INDEX FUND
|
Added | 48,528 | $2,525,882 | 0.16% | |
| BSV |
VANGUARD SHORT-TERM BOND INDEX FUND
|
NEW | 30,731 | $2,525,780 | 0.16% |
Showing the top 50 of 242 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.