Pinnacle Advisory Group, Inc.

Q1 2016 13F Holdings Report, Restatement, Stock Holdings

Signature - Title
Karima Escalona - OPERATIONS SPECIALIST
Location
Columbia, MD
Holdings as of
March 31, 2016
Value $
$1.05B
Num holdings
113
Date filed
4/18/2016, 02:41 PM
Description
All US holdings of this investor are reported in this report.
Previous filing
Q4 2015 - Feb 8, 2016
Next filing
Q2 2016 - Aug 4, 2016
Sym Weight Trade Impact Company Class Shares Change Activity Value Change $ Value $ * Price $ Shares Principal
Filing 2016 Q1 - Restatement compared to 2015 Q4 by default.
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name Title City, State Date
KARIMA ESCALONA CLIENT RELATIONSHIP SPEC Columbia, Maryland 4/18/2016

Amending filing to correct shares & value stated for 3M co (cusip 88579y101). Also to include Intel Corp which was previously excluded from original file (cusip 458140100)