Pinnacle Wealth Management Group, Inc. Quarterly 13F Holdings Update

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$203.7M

Reporting period: 2026-03-31 · Number of holdings: 120

Pinnacle Wealth Management Group, Inc. disclosed 120 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $203.7M and a quarterly turnover rate of 21.9%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "P"

Personality snowflake

Concentration: 9.16
Portfolio Stability: 21.88
Momentum/Contrarian: 100
Sector conviction: 48.73
Diversification: 100
Sizing Uniformity: 86.73

Recent moves

Add VXUS
+63.4%　$4.1M
Trim QQQ
-27.8%　-$2.4M
Add SFLR
+46.6%　$2.5M
Trim TBIL
-26.1%　-$2.2M
Trim UITB
-19.1%　-$1.8M
Trim MSFT
-3.3%　-$1.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	VXUS	Vanguard Total Intl Stock	ETF-Other	5.03%	+1.97%	+63.44%
2	USTB	Victoryshares Short-term Bon	ETF-Other	4.44%	+0.41%	+12.54%
3	SFLR	Innovator Eqty Mgd Floor ETF	ETF-Other	4.24%	+1.18%	+46.64%
4	QFLR	Innovator Nasdaq-100 Mf ETF	ETF-Tech	4.10%	+0.70%	+26.34%
5	GDX	Vaneck Gold Miners ETF	ETF-Commodities	3.84%	+0.33%	+4.21%
6	VMBS	Vanguard Mortgage-backed Sec	ETF-Other	3.63%	-0.61%	-12.63%
7	UITB	Victoryshares Core Intermedi	ETF-Other	3.57%	-0.95%	-19.08%
8	TBIL	F/m US Treasury 3 Month Bill	ETF-Gov Bonds	3.04%	-1.15%	-26.08%
9	VO	Vanguard Mid-cap ETF	ETF-Other	2.74%	—	+2.70%
10	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	2.74%	—	-0.72%
11	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	2.63%	-0.35%	-10.22%
12	AEM	Agnico Eagle Mines LTD	Stock-Materials	2.62%	+0.43%	+1.98%
13	SPLV	Invesco S&p 500 Low Volatili	ETF-Large Cap & Growth	2.55%	+0.14%	+5.09%
14	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	2.54%	-1.26%	-27.77%
15	MS	Morgan Stanley	Stock-Financials	2.44%	-0.31%	-2.61%
16	MSFT	Microsoft CORP	Stock-Tech	2.36%	-0.88%	-3.28%
17	PAPR	Innovator U.s. Equity Power	ETF-Other	2.20%	—	-1.05%
18	EMLC	Vaneck JPM Em Local Curr Bnd	ETF-Other	2.17%	+2.17%	NEW
19	GNOV	Ft Vest US Equity Moderate B	ETF-Other	1.80%	-0.11%	-2.18%
20	AGI	Alamos Gold Inc-class A	Stock-Materials	1.71%	+0.25%	+3.17%
21	VPU	Vanguard Utilities ETF	ETF-Other	1.61%	+0.20%	+8.01%
22	JPM	Jpmorgan Chase & Co	Stock-Financials	1.57%	-0.20%	-1.29%
23	KBWB	Invesco Kbw Bank ETF	ETF-Other	1.50%	—	+4.48%
24	PDEC	Innovator U.s. Equity Power	ETF-Other	1.49%	—	-0.90%
25	AAPL	Apple INC	Stock-Tech	1.48%	-0.14%	-0.43%
26	SPHD	Invesco S&p 500 High Dividen	ETF-Large Cap & Growth	1.47%	+0.08%	+4.05%
27	XLV	Ss Health Care Select Sector	ETF-Other	1.38%	—	+5.12%
28	PJUN	Innovator U.s. Equity Power	ETF-Other	1.29%	—	-0.60%
29	CDE	Coeur Mining INC	Stock-Materials	1.26%	+1.26%	NEW
30	PSEP	Innovator U.s. Equity Power	ETF-Other	0.91%	—	-0.27%
31	SKE	Skeena Resources LTD	Stock-Other	0.85%	+0.31%	+29.04%
32	DDTL	Invtr Eq D Di 10 B ETF - Jul	ETF-Other	0.83%	—	—
33	PFEB	Innovator U.s. Equity Power	ETF-Other	0.74%	+0.04%	+10.09%
34	PPTA	Perpetua Resources CORP	Stock-Other	0.71%	+0.19%	+19.16%
35	ITOT	Ishares Core S&p Total U.s.	ETF-Other	0.68%	+0.08%	+21.32%
36	VZ	Verizon Communications INC	Stock-Comm Services	0.64%	+0.11%	-0.16%
37	PMAY	Innovator U.s. Equity Power	ETF-Other	0.63%	—	-0.62%
38	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.63%	—	+1.58%
39	AMZN	Amazon.com INC	Stock-Consumer Disc	0.62%	-0.11%	-3.02%
40	V	Visa Inc-class A Shares	Stock-Financials	0.61%	-0.12%	-2.48%
41	STIP	Ishares 0-5 Year Tips Bond E	ETF-Other	0.58%	-0.09%	-11.86%
42	RSG	Republic Services INC	Stock-Industrials	0.57%	—	—
43	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.54%	—	—
44	PEP	Pepsico INC	Stock-Consumer Staples	0.52%	—	-6.99%
45	ABBV	Abbvie INC	Stock-Healthcare	0.50%	—	+3.97%
46	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.46%	—	—
47	POCT	Innovator U.s. Equity Power	ETF-Other	0.44%	—	-0.31%
48	PAUG	Innovator U.s. Equity Power	ETF-Other	0.44%	—	—
49	ODV	Osisko Development CORP	Stock-Other	0.38%	+0.07%	+31.87%
50	NXT	Nextpower Inc-cl A	Stock-Tech	0.38%	+0.10%	—

1–50 of 120

Portfolio Performance

Performance for Q3 2026

+0.9%

Performance Last 4 Quarters

+14%

Based on 75% of reported portfolio value with available pricing

Stdev: +9.2%
Beta: +0.64
Alpha: +1%
Max Drawdown: -5.4%
Annualized Perf: +13.2%
Batting Avg vs S&P: +38.9%
Sortino: +2.63
Stutzer: +0.4
Treynor: +0.2
Sterling: +0.9
Calmar: +2.43
Information Ratio: -0.92
Tracking Error: +6.1%
Stdev Down: +4.9%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +24.8%
Worst 12 Months: +9.7%
Efficiency Ratio: +0.52
Sharpe: +1.39
Stdev Sectors: +8.1%
Skewness: -0.29
Kurtosis: -0.24
Upside Potential: +4.24

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	120	$203.7M	22	1VXUS 2USTB 3SFLR Top holdings2026-03-31 1.VXUS 2.USTB 3.SFLR 4.QFLR 5.GDX 6.VMBS 7.UITB 8.TBIL 9.VO 10.IWM
2025-12-31	126	$200.2M	14	1UITB 2VMBS 3TBIL Top holdings2025-12-31 1.UITB 2.VMBS 3.TBIL 4.USTB 5.QQQ 6.GDX 7.QFLR 8.MSFT 9.SFLR 10.VXUS
2025-09-30	129	$195.1M	37	1UITB 2VMBS 3TBIL Top holdings2025-09-30 1.UITB 2.VMBS 3.TBIL 4.USTB 5.QQQ 6.MSFT 7.QFLR 8.GDX 9.SFLR 10.RSP
2025-06-30	121	$174.4M	0	1UITB 2VMBS 3TBIL Top holdings2025-06-30 1.UITB 2.VMBS 3.TBIL 4.USTB 5.MSFT 6.QQQ 7.QFLR 8.RSP 9.SFLR 10.VXUS
2025-03-31	105	$143.4M	100	1UITB 2TBIL 3VMBS Top holdings2025-03-31 1.UITB 2.TBIL 3.VMBS 4.USTB 5.MSFT 6.RSP 7.QFLR 8.SFLR 9.SPLV 10.COWZ
2024-12-31	116	$160.6M	0	1UITB 2TBIL 3VMBS Top holdings2024-12-31 1.UITB 2.TBIL 3.VMBS 4.USTB 5.QFLR 6.MSFT 7.QQQ 8.SFLR 9.RSP 10.PAPR
2024-09-30	118	$158.5M	0	1UITB 2TBIL 3VMBS Top holdings2024-09-30 1.UITB 2.TBIL 3.VMBS 4.USTB 5.MSFT 6.QFLR 7.QQQ 8.SFLR 9.RSP 10.IXUS
2024-06-30	105	$147.8M	0	1SGOV 2STIP 3AGG Top holdings2024-06-30 1.SGOV 2.STIP 3.AGG 4.MBB 5.MSFT 6.QFLR 7.QQQ 8.SFLR 9.IWD 10.RSP
2024-03-31	109	$134.6M	0	1STIP 2SGOV 3MSFT Top holdings2024-03-31 1.STIP 2.SGOV 3.MSFT 4.AGG 5.MBB 6.QQQ 7.IWD 8.QFLR 9.RSP 10.SFLR
2023-12-31	97	$121.8M	0	1STIP 2IEF 3SCHI Top holdings2023-12-31 1.STIP 2.IEF 3.SCHI 4.QQQ 5.MSFT 6.IWD 7.PAPR 8.MBB 9.PMAY 10.MS
2023-09-30	95	$109.9M	0	1STIP 2IEF 3SCHI Top holdings2023-09-30 1.STIP 2.IEF 3.SCHI 4.QQQ 5.MSFT 6.IWD 7.PAPR 8.PMAY 9.MBB 10.MS
2023-06-30	95	$114.4M	0	1STIP 2SHY 3IEF Top holdings2023-06-30 1.STIP 2.SHY 3.IEF 4.MSFT 5.QQQ 6.PAPR 7.VIG 8.PMAY 9.AAPL 10.MS
2023-03-31	100	$115.4M	0	1STIP 2SHY 3ISTB Top holdings2023-03-31 1.STIP 2.SHY 3.ISTB 4.QQQ 5.MSFT 6.VIG 7.SPLV 8.MS 9.PMAY 10.GDX
2022-12-31	102	$112.8M	0	1STIP 2SHY 3ISTB Top holdings2022-12-31 1.STIP 2.SHY 3.ISTB 4.MSFT 5.QQQ 6.VIG 7.SPLV 8.RSP 9.MS 10.GDX
2022-09-30	108	$113.4M	0	1STIP 2SHY 3ISTB Top holdings2022-09-30 1.STIP 2.SHY 3.ISTB 4.AAPL 5.QQQ 6.MSFT 7.SPLV 8.VIG 9.MS 10.RSP
2022-06-30	113	$119.5M	0	1STIP 2QQQ 3MSFT Top holdings2022-06-30 1.STIP 2.QQQ 3.MSFT 4.AAPL 5.IGHG 6.PRFZ 7.SHY 8.ISTB 9.UPS 10.MS
2022-03-31	119	$132.9M	0	1STIP 2QQQ 3MSFT Top holdings2022-03-31 1.STIP 2.QQQ 3.MSFT 4.AAPL 5.PRFZ 6.IGHG 7.GDX 8.FTSL 9.UPS 10.MS
2021-12-31	119	$134.9M	0	1STIP 2MSFT 3AAPL Top holdings2021-12-31 1.STIP 2.MSFT 3.AAPL 4.SCHP 5.QQQ 6.VIG 7.SPLV 8.PRFZ 9.UPS 10.MS
2021-09-30	115	$133.0M	0	1STIP 2SCHP 3MSFT Top holdings2021-09-30 1.STIP 2.SCHP 3.MSFT 4.AAPL 5.QQQ 6.VIG 7.PRFZ 8.SPLV 9.SPMB 10.MS
2021-06-30	120	$137.1M	—	1STIP 2MSFT 3SCHP Top holdings2021-06-30 1.STIP 2.MSFT 3.SCHP 4.QQQ 5.AAPL 6.VIG 7.SPLV 8.PRFZ 9.GDX 10.UPS

Holding changes this quarter

Pinnacle Wealth Management Group, Inc.'s most significant position changes for 2026-03-31: New buy: Vaneck JPM Em Local Curr Bnd (EMLC); New buy: Coeur Mining INC (CDE); Sold out: Global X Cybersecurity ETF (BUG); Sold out: New Gold INC (NGDN); Sold out: Ss Spdr P St Term Tsy ETF (SPTS).

Position changes disclosed by Pinnacle Wealth Management Group, Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VXUS	Vanguard Total Intl Stock	+2%	+63.44%	Add
2	SFLR	Innovator Eqty Mgd Floor ETF	+1.2%	+46.64%	Add
3	QFLR	Innovator Nasdaq-100 Mf ETF	+0.7%	+26.34%	Add
4	AEM	Agnico Eagle Mines LTD	+0.4%	+1.98%	Add
5	USTB	Victoryshares Short-term Bon	+0.4%	+12.54%	Add
6	GDX	Vaneck Gold Miners ETF	+0.3%	+4.21%	Add
7	SKE	Skeena Resources LTD	+0.3%	+29.04%	Add
8	AGI	Alamos Gold Inc-class A	+0.3%	+3.17%	Add
9	VPU	Vanguard Utilities ETF	+0.2%	+8.01%	Add
10	PPTA	Perpetua Resources CORP	+0.2%	+19.16%	Add
11	SPLV	Invesco S&p 500 Low Volatili	+0.1%	+5.09%	Add
12	VZ	Verizon Communications INC	+0.1%	-0.16%	Trim
13	NXT	Nextpower Inc-cl A	+0.1%	—	Unchanged
14	BRK-B	Berkshire Hathaway Inc-cl B	+0.1%	+48.12%	Add
15	SPHD	Invesco S&p 500 High Dividen	+0.1%	+4.05%	Add
16	ITOT	Ishares Core S&p Total U.s.	+0.1%	+21.32%	Add
17	ODV	Osisko Development CORP	+0.1%	+31.87%	Add
18	SCHD	Schwab US Dvd Equity ETF	+0.1%	+21.22%	Add
19	XOM	Exxon Mobil CORP	+0.1%	+5.72%	Add
20	PFEB	Innovator U.s. Equity Power	0%	+10.09%	Add
21	ORCL	Oracle CORP	-0.1%	—	Unchanged
22	STIP	Ishares 0-5 Year Tips Bond E	-0.1%	-11.86%	Trim
23	AMZN	Amazon.com INC	-0.1%	-3.02%	Trim
24	GNOV	Ft Vest US Equity Moderate B	-0.1%	-2.18%	Trim
25	V	Visa Inc-class A Shares	-0.1%	-2.48%	Trim
26	AAPL	Apple INC	-0.1%	-0.43%	Trim
27	JPM	Jpmorgan Chase & Co	-0.2%	-1.29%	Trim
28	MS	Morgan Stanley	-0.3%	-2.61%	Trim
29	RSP	Invesco S&p 500 Equal Weight	-0.4%	-10.22%	Trim
30	VMBS	Vanguard Mortgage-backed Sec	-0.6%	-12.63%	Trim
31	MSFT	Microsoft CORP	-0.9%	-3.28%	Trim
32	UITB	Victoryshares Core Intermedi	-1%	-19.08%	Trim
33	TBIL	F/m US Treasury 3 Month Bill	-1.2%	-26.08%	Trim
34	QQQ	Invesco Qqq Trust Series 1	-1.3%	-27.77%	Trim
35	EMLC	Vaneck JPM Em Local Curr Bnd	—	NEW	New buy
36	CDE	Coeur Mining INC	—	NEW	New buy
37	BUG	Global X Cybersecurity ETF	—	EXIT	Sold out
38	NGDN	New Gold INC	—	EXIT	Sold out
39	SPTS	Ss Spdr P St Term Tsy ETF	—	EXIT	Sold out
40	UPS	United Parcel Service-cl B	—	EXIT	Sold out
41	IJH	Ishares Core S&p Midcap ETF	—	EXIT	Sold out
42	CCI	Crown Castle INC	—	EXIT	Sold out
43	PAYX	Paychex INC	—	EXIT	Sold out
44	DVS	Dolly Varden Silver LTD	—	EXIT	Sold out
45	UTG	Reaves Utility Income Fund	—	NEW	New buy
46	SILJ	Amplify Junior Silver Miners	—	NEW	New buy
47	BABA	Alibaba Group Holding-sp Adr	—	EXIT	Sold out
48	IFEB	Innovator Intl D Pb Etf-feb	—	NEW	New buy
49	DDFO	Innov Eq Dd 15 Buf ETF - Oct	—	EXIT	Sold out
50	WFC	Wells Fargo & Co	—	EXIT	Sold out

FAQ

What is Pinnacle Wealth Management Group, Inc. and what type of investor is it?

Pinnacle Wealth Management Group, Inc. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $203.7M, spread across 120 disclosed positions.

What are Pinnacle Wealth Management Group, Inc.'s largest equity positions?

Based on the latest 13F filing, Pinnacle Wealth Management Group, Inc.'s top holdings by market value are: 1. Vanguard Total Intl Stock (VXUS) — $10.2M (5.0%) 2. Victoryshares Short-term Bon (USTB) — $9.0M (4.4%) 3. Innovator Eqty Mgd Floor ETF (SFLR) — $8.6M (4.2%) 4. Innovator Nasdaq-100 Mf ETF (QFLR) — $8.3M (4.1%) 5. Vaneck Gold Miners ETF (GDX) — $7.8M (3.8%)

What changes did Pinnacle Wealth Management Group, Inc. make in its most recent portfolio filing?

In the latest reported quarter, Pinnacle Wealth Management Group, Inc. made 48 notable position adjustments: 5 new positions were initiated, 18 existing holdings were added to, 14 positions were partially reduced, and 11 were completely exited. The largest of these moves: New buy: Vaneck JPM Em Local Curr Bnd (EMLC); New buy: Coeur Mining INC (CDE); Sold out: Global X Cybersecurity ETF (BUG); Sold out: New Gold INC (NGDN); Sold out: Ss Spdr P St Term Tsy ETF (SPTS)

What sectors does Pinnacle Wealth Management Group, Inc. focus on?

Pinnacle Wealth Management Group, Inc. is concentrated in the following sectors based on its current disclosed equity portfolio: • Materials: 24.0% • Information Technology: 21.4% • Financials: 19.9% • Communication Services: 8.4% • Utilities: 7.7% • Health Care: 4.7%

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Pinnacle Wealth Management Group, Inc. Quarterly 13F Holdings Update

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$203.7M

Reporting period: 2026-03-31 · Number of holdings: 120

Pinnacle Wealth Management Group, Inc. disclosed 120 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $203.7M and a quarterly turnover rate of 21.9%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "P"

Personality snowflake

Concentration: 9.16
Portfolio Stability: 21.88
Momentum/Contrarian: 100
Sector conviction: 48.73
Diversification: 100
Sizing Uniformity: 86.73

Recent moves

Add VXUS
+63.4%　$4.1M
Trim QQQ
-27.8%　-$2.4M
Add SFLR
+46.6%　$2.5M
Trim TBIL
-26.1%　-$2.2M
Trim UITB
-19.1%　-$1.8M
Trim MSFT
-3.3%　-$1.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	VXUS	Vanguard Total Intl Stock	ETF-Other	5.03%	+1.97%	+63.44%
2	USTB	Victoryshares Short-term Bon	ETF-Other	4.44%	+0.41%	+12.54%
3	SFLR	Innovator Eqty Mgd Floor ETF	ETF-Other	4.24%	+1.18%	+46.64%
4	QFLR	Innovator Nasdaq-100 Mf ETF	ETF-Tech	4.10%	+0.70%	+26.34%
5	GDX	Vaneck Gold Miners ETF	ETF-Commodities	3.84%	+0.33%	+4.21%
6	VMBS	Vanguard Mortgage-backed Sec	ETF-Other	3.63%	-0.61%	-12.63%
7	UITB	Victoryshares Core Intermedi	ETF-Other	3.57%	-0.95%	-19.08%
8	TBIL	F/m US Treasury 3 Month Bill	ETF-Gov Bonds	3.04%	-1.15%	-26.08%
9	VO	Vanguard Mid-cap ETF	ETF-Other	2.74%	—	+2.70%
10	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	2.74%	—	-0.72%
11	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	2.63%	-0.35%	-10.22%
12	AEM	Agnico Eagle Mines LTD	Stock-Materials	2.62%	+0.43%	+1.98%
13	SPLV	Invesco S&p 500 Low Volatili	ETF-Large Cap & Growth	2.55%	+0.14%	+5.09%
14	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	2.54%	-1.26%	-27.77%
15	MS	Morgan Stanley	Stock-Financials	2.44%	-0.31%	-2.61%
16	MSFT	Microsoft CORP	Stock-Tech	2.36%	-0.88%	-3.28%
17	PAPR	Innovator U.s. Equity Power	ETF-Other	2.20%	—	-1.05%
18	EMLC	Vaneck JPM Em Local Curr Bnd	ETF-Other	2.17%	+2.17%	NEW
19	GNOV	Ft Vest US Equity Moderate B	ETF-Other	1.80%	-0.11%	-2.18%
20	AGI	Alamos Gold Inc-class A	Stock-Materials	1.71%	+0.25%	+3.17%
21	VPU	Vanguard Utilities ETF	ETF-Other	1.61%	+0.20%	+8.01%
22	JPM	Jpmorgan Chase & Co	Stock-Financials	1.57%	-0.20%	-1.29%
23	KBWB	Invesco Kbw Bank ETF	ETF-Other	1.50%	—	+4.48%
24	PDEC	Innovator U.s. Equity Power	ETF-Other	1.49%	—	-0.90%
25	AAPL	Apple INC	Stock-Tech	1.48%	-0.14%	-0.43%
26	SPHD	Invesco S&p 500 High Dividen	ETF-Large Cap & Growth	1.47%	+0.08%	+4.05%
27	XLV	Ss Health Care Select Sector	ETF-Other	1.38%	—	+5.12%
28	PJUN	Innovator U.s. Equity Power	ETF-Other	1.29%	—	-0.60%
29	CDE	Coeur Mining INC	Stock-Materials	1.26%	+1.26%	NEW
30	PSEP	Innovator U.s. Equity Power	ETF-Other	0.91%	—	-0.27%
31	SKE	Skeena Resources LTD	Stock-Other	0.85%	+0.31%	+29.04%
32	DDTL	Invtr Eq D Di 10 B ETF - Jul	ETF-Other	0.83%	—	—
33	PFEB	Innovator U.s. Equity Power	ETF-Other	0.74%	+0.04%	+10.09%
34	PPTA	Perpetua Resources CORP	Stock-Other	0.71%	+0.19%	+19.16%
35	ITOT	Ishares Core S&p Total U.s.	ETF-Other	0.68%	+0.08%	+21.32%
36	VZ	Verizon Communications INC	Stock-Comm Services	0.64%	+0.11%	-0.16%
37	PMAY	Innovator U.s. Equity Power	ETF-Other	0.63%	—	-0.62%
38	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.63%	—	+1.58%
39	AMZN	Amazon.com INC	Stock-Consumer Disc	0.62%	-0.11%	-3.02%
40	V	Visa Inc-class A Shares	Stock-Financials	0.61%	-0.12%	-2.48%
41	STIP	Ishares 0-5 Year Tips Bond E	ETF-Other	0.58%	-0.09%	-11.86%
42	RSG	Republic Services INC	Stock-Industrials	0.57%	—	—
43	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.54%	—	—
44	PEP	Pepsico INC	Stock-Consumer Staples	0.52%	—	-6.99%
45	ABBV	Abbvie INC	Stock-Healthcare	0.50%	—	+3.97%
46	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.46%	—	—
47	POCT	Innovator U.s. Equity Power	ETF-Other	0.44%	—	-0.31%
48	PAUG	Innovator U.s. Equity Power	ETF-Other	0.44%	—	—
49	ODV	Osisko Development CORP	Stock-Other	0.38%	+0.07%	+31.87%
50	NXT	Nextpower Inc-cl A	Stock-Tech	0.38%	+0.10%	—

1–50 of 120

Portfolio Performance

Performance for Q3 2026

+0.9%

Performance Last 4 Quarters

+14%

Based on 75% of reported portfolio value with available pricing

Stdev: +9.2%
Beta: +0.64
Alpha: +1%
Max Drawdown: -5.4%
Annualized Perf: +13.2%
Batting Avg vs S&P: +38.9%
Sortino: +2.63
Stutzer: +0.4
Treynor: +0.2
Sterling: +0.9
Calmar: +2.43
Information Ratio: -0.92
Tracking Error: +6.1%
Stdev Down: +4.9%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +24.8%
Worst 12 Months: +9.7%
Efficiency Ratio: +0.52
Sharpe: +1.39
Stdev Sectors: +8.1%
Skewness: -0.29
Kurtosis: -0.24
Upside Potential: +4.24

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	120	$203.7M	22	1VXUS 2USTB 3SFLR Top holdings2026-03-31 1.VXUS 2.USTB 3.SFLR 4.QFLR 5.GDX 6.VMBS 7.UITB 8.TBIL 9.VO 10.IWM
2025-12-31	126	$200.2M	14	1UITB 2VMBS 3TBIL Top holdings2025-12-31 1.UITB 2.VMBS 3.TBIL 4.USTB 5.QQQ 6.GDX 7.QFLR 8.MSFT 9.SFLR 10.VXUS
2025-09-30	129	$195.1M	37	1UITB 2VMBS 3TBIL Top holdings2025-09-30 1.UITB 2.VMBS 3.TBIL 4.USTB 5.QQQ 6.MSFT 7.QFLR 8.GDX 9.SFLR 10.RSP
2025-06-30	121	$174.4M	0	1UITB 2VMBS 3TBIL Top holdings2025-06-30 1.UITB 2.VMBS 3.TBIL 4.USTB 5.MSFT 6.QQQ 7.QFLR 8.RSP 9.SFLR 10.VXUS
2025-03-31	105	$143.4M	100	1UITB 2TBIL 3VMBS Top holdings2025-03-31 1.UITB 2.TBIL 3.VMBS 4.USTB 5.MSFT 6.RSP 7.QFLR 8.SFLR 9.SPLV 10.COWZ
2024-12-31	116	$160.6M	0	1UITB 2TBIL 3VMBS Top holdings2024-12-31 1.UITB 2.TBIL 3.VMBS 4.USTB 5.QFLR 6.MSFT 7.QQQ 8.SFLR 9.RSP 10.PAPR
2024-09-30	118	$158.5M	0	1UITB 2TBIL 3VMBS Top holdings2024-09-30 1.UITB 2.TBIL 3.VMBS 4.USTB 5.MSFT 6.QFLR 7.QQQ 8.SFLR 9.RSP 10.IXUS
2024-06-30	105	$147.8M	0	1SGOV 2STIP 3AGG Top holdings2024-06-30 1.SGOV 2.STIP 3.AGG 4.MBB 5.MSFT 6.QFLR 7.QQQ 8.SFLR 9.IWD 10.RSP
2024-03-31	109	$134.6M	0	1STIP 2SGOV 3MSFT Top holdings2024-03-31 1.STIP 2.SGOV 3.MSFT 4.AGG 5.MBB 6.QQQ 7.IWD 8.QFLR 9.RSP 10.SFLR
2023-12-31	97	$121.8M	0	1STIP 2IEF 3SCHI Top holdings2023-12-31 1.STIP 2.IEF 3.SCHI 4.QQQ 5.MSFT 6.IWD 7.PAPR 8.MBB 9.PMAY 10.MS
2023-09-30	95	$109.9M	0	1STIP 2IEF 3SCHI Top holdings2023-09-30 1.STIP 2.IEF 3.SCHI 4.QQQ 5.MSFT 6.IWD 7.PAPR 8.PMAY 9.MBB 10.MS
2023-06-30	95	$114.4M	0	1STIP 2SHY 3IEF Top holdings2023-06-30 1.STIP 2.SHY 3.IEF 4.MSFT 5.QQQ 6.PAPR 7.VIG 8.PMAY 9.AAPL 10.MS
2023-03-31	100	$115.4M	0	1STIP 2SHY 3ISTB Top holdings2023-03-31 1.STIP 2.SHY 3.ISTB 4.QQQ 5.MSFT 6.VIG 7.SPLV 8.MS 9.PMAY 10.GDX
2022-12-31	102	$112.8M	0	1STIP 2SHY 3ISTB Top holdings2022-12-31 1.STIP 2.SHY 3.ISTB 4.MSFT 5.QQQ 6.VIG 7.SPLV 8.RSP 9.MS 10.GDX
2022-09-30	108	$113.4M	0	1STIP 2SHY 3ISTB Top holdings2022-09-30 1.STIP 2.SHY 3.ISTB 4.AAPL 5.QQQ 6.MSFT 7.SPLV 8.VIG 9.MS 10.RSP
2022-06-30	113	$119.5M	0	1STIP 2QQQ 3MSFT Top holdings2022-06-30 1.STIP 2.QQQ 3.MSFT 4.AAPL 5.IGHG 6.PRFZ 7.SHY 8.ISTB 9.UPS 10.MS
2022-03-31	119	$132.9M	0	1STIP 2QQQ 3MSFT Top holdings2022-03-31 1.STIP 2.QQQ 3.MSFT 4.AAPL 5.PRFZ 6.IGHG 7.GDX 8.FTSL 9.UPS 10.MS
2021-12-31	119	$134.9M	0	1STIP 2MSFT 3AAPL Top holdings2021-12-31 1.STIP 2.MSFT 3.AAPL 4.SCHP 5.QQQ 6.VIG 7.SPLV 8.PRFZ 9.UPS 10.MS
2021-09-30	115	$133.0M	0	1STIP 2SCHP 3MSFT Top holdings2021-09-30 1.STIP 2.SCHP 3.MSFT 4.AAPL 5.QQQ 6.VIG 7.PRFZ 8.SPLV 9.SPMB 10.MS
2021-06-30	120	$137.1M	—	1STIP 2MSFT 3SCHP Top holdings2021-06-30 1.STIP 2.MSFT 3.SCHP 4.QQQ 5.AAPL 6.VIG 7.SPLV 8.PRFZ 9.GDX 10.UPS

Holding changes this quarter

Position changes disclosed by Pinnacle Wealth Management Group, Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VXUS	Vanguard Total Intl Stock	+2%	+63.44%	Add
2	SFLR	Innovator Eqty Mgd Floor ETF	+1.2%	+46.64%	Add
3	QFLR	Innovator Nasdaq-100 Mf ETF	+0.7%	+26.34%	Add
4	AEM	Agnico Eagle Mines LTD	+0.4%	+1.98%	Add
5	USTB	Victoryshares Short-term Bon	+0.4%	+12.54%	Add
6	GDX	Vaneck Gold Miners ETF	+0.3%	+4.21%	Add
7	SKE	Skeena Resources LTD	+0.3%	+29.04%	Add
8	AGI	Alamos Gold Inc-class A	+0.3%	+3.17%	Add
9	VPU	Vanguard Utilities ETF	+0.2%	+8.01%	Add
10	PPTA	Perpetua Resources CORP	+0.2%	+19.16%	Add
11	SPLV	Invesco S&p 500 Low Volatili	+0.1%	+5.09%	Add
12	VZ	Verizon Communications INC	+0.1%	-0.16%	Trim
13	NXT	Nextpower Inc-cl A	+0.1%	—	Unchanged
14	BRK-B	Berkshire Hathaway Inc-cl B	+0.1%	+48.12%	Add
15	SPHD	Invesco S&p 500 High Dividen	+0.1%	+4.05%	Add
16	ITOT	Ishares Core S&p Total U.s.	+0.1%	+21.32%	Add
17	ODV	Osisko Development CORP	+0.1%	+31.87%	Add
18	SCHD	Schwab US Dvd Equity ETF	+0.1%	+21.22%	Add
19	XOM	Exxon Mobil CORP	+0.1%	+5.72%	Add
20	PFEB	Innovator U.s. Equity Power	0%	+10.09%	Add
21	ORCL	Oracle CORP	-0.1%	—	Unchanged
22	STIP	Ishares 0-5 Year Tips Bond E	-0.1%	-11.86%	Trim
23	AMZN	Amazon.com INC	-0.1%	-3.02%	Trim
24	GNOV	Ft Vest US Equity Moderate B	-0.1%	-2.18%	Trim
25	V	Visa Inc-class A Shares	-0.1%	-2.48%	Trim
26	AAPL	Apple INC	-0.1%	-0.43%	Trim
27	JPM	Jpmorgan Chase & Co	-0.2%	-1.29%	Trim
28	MS	Morgan Stanley	-0.3%	-2.61%	Trim
29	RSP	Invesco S&p 500 Equal Weight	-0.4%	-10.22%	Trim
30	VMBS	Vanguard Mortgage-backed Sec	-0.6%	-12.63%	Trim
31	MSFT	Microsoft CORP	-0.9%	-3.28%	Trim
32	UITB	Victoryshares Core Intermedi	-1%	-19.08%	Trim
33	TBIL	F/m US Treasury 3 Month Bill	-1.2%	-26.08%	Trim
34	QQQ	Invesco Qqq Trust Series 1	-1.3%	-27.77%	Trim
35	EMLC	Vaneck JPM Em Local Curr Bnd	—	NEW	New buy
36	CDE	Coeur Mining INC	—	NEW	New buy
37	BUG	Global X Cybersecurity ETF	—	EXIT	Sold out
38	NGDN	New Gold INC	—	EXIT	Sold out
39	SPTS	Ss Spdr P St Term Tsy ETF	—	EXIT	Sold out
40	UPS	United Parcel Service-cl B	—	EXIT	Sold out
41	IJH	Ishares Core S&p Midcap ETF	—	EXIT	Sold out
42	CCI	Crown Castle INC	—	EXIT	Sold out
43	PAYX	Paychex INC	—	EXIT	Sold out
44	DVS	Dolly Varden Silver LTD	—	EXIT	Sold out
45	UTG	Reaves Utility Income Fund	—	NEW	New buy
46	SILJ	Amplify Junior Silver Miners	—	NEW	New buy
47	BABA	Alibaba Group Holding-sp Adr	—	EXIT	Sold out
48	IFEB	Innovator Intl D Pb Etf-feb	—	NEW	New buy
49	DDFO	Innov Eq Dd 15 Buf ETF - Oct	—	EXIT	Sold out
50	WFC	Wells Fargo & Co	—	EXIT	Sold out