1y return+21.2%S&P 500 +20.9%
3y return+55.6%S&P 500 +68.5%
5y return+53.0%S&P 500 +74.5%
10y return+147.9%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $248 against $357 in the S&P 500.2
Pinnacle Wealth Management Advisory Group, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VTIVanguard Index Fds Vanguard To | $69.0M | 4.1% | +1.6% |
| AAPLApple Inc | $64.1M | 3.8% | +1.9% |
| QUALiShares MSCI USA Quality | $63.4M | 3.8% | +2.0% |
| VBVanguard Small-Cap ETF | $51.3M | 3.1% | +3.4% |
| QQQInvesco QQQ Trust Series I | $49.6M | 3.0% | +2.4% |
| VYMVanguard High Div Yield ETF | $49.3M | 2.9% | +1.7% |
| VEUVanguard FTSE All World Ex US | $46.2M | 2.8% | +4.9% |
| IVVIshares Core S&P 500 ETF | $39.4M | 2.3% | |
| NVDANvidia Corporation | $37.4M | 2.2% | +5.0% |
| SPYState Street SPDR S&P 500 ETF | $37.4M | 2.2% | |
| MSFTMicrosoft Corp | $33.1M | 2.0% | +7.4% |
| GOOGLAlphabet Inc Cap Cl A | $31.8M | 1.9% | +5.9% |
| VEAVanguard Developed Markets Ind | $27.4M | 1.6% | |
| JEPIJPMorgan Equity Premium ETF | $24.2M | 1.4% | +4.1% |
| AVGOBroadcom Inc | $23.8M | 1.4% | +1.6% |
| IJHIshares Core S&P Mid-Cap ETF | $23.3M | 1.4% | −2.0% |
| IJRIshares Core S&P Small-Cap E | $21.7M | 1.3% | −5.0% |
| DGRWWisdomtree Us Dividend Grow | $21.2M | 1.3% | +6.8% |
| AMZNAmazon.Com Inc | $20.7M | 1.2% | +9.4% |
| JNJJohnson &Johnson | $20.7M | 1.2% | +1.0% |
| HELOJPMorgan Hedged Equity Laddere | $19.8M | 1.2% | +58.0% |
| BNDVanguard Bd Index Fd Tot Mkt | $19.7M | 1.2% | +11.6% |
| BRK/BBerkshire Hathaway Inc-CL B | $19.6M | 1.2% | +3.4% |
| SCHDSchwab Us Dividend Equity ETF | $19.5M | 1.2% | +1.2% |
| RSPInvesco Exchange Traded Fd Tr | $18.6M | 1.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $37.4M |
| AVGOBroadcom Inc | September 30, 2021 | +678.9% | $23.8M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $11.4M |
| GOOGLAlphabet Inc Cap Cl A | June 30, 2020 | +404.0% | $31.8M |
| JPMJPMorgan Chase & Co. | June 30, 2020 | +248.0% | $13.8M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $64.1M |
| MSMorgan Stanley | December 31, 2020 | +205.0% | $10.9M |
| QQQInvesco QQQ Trust Series I | June 30, 2020 | +197.4% | $49.6M |
| WMTWalmart Inc | June 30, 2020 | +183.7% | $15.0M |
| BRK/BBerkshire Hathaway Inc-CL B | June 30, 2020 | +180.3% | $19.6M |
Sold off last quarter
- CCLFXCliffwater Corporate Lending F was $5.4M
- AMG Pantheon Fund Class 1CUSIP 001700137 was $5.1M
- CELFXCliffwater Enhanced Lending Fu was $3.5M
- MINTPimco Enhanced Short Maturity was $1.8M
- Honeywell International IncCUSIP 438516106 was $1.1M
- DHRDanaher Corporation was $606K
- LLIIXLord Abbett Flexible Inc Fund was $596K
- OMCOmnicom Group Inc was $458K
- HIIHuntington Ingalls Industries was $395K
- INTUIntuit Inc was $363K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.0% | +14.8% |
| March 31, 2026 | −1.6% | −4.6% |
| December 31, 2025 | +2.4% | +2.4% |
| September 30, 2025 | +7.5% | +7.8% |
| June 30, 2025 | +7.8% | +10.5% |
| March 31, 2025 | −3.0% | −4.6% |
| December 31, 2024 | +0.1% | +2.1% |
| September 30, 2024 | +6.3% | +5.4% |
| June 30, 2024 | +1.8% | +4.0% |
| March 31, 2024 | +7.4% | +10.0% |
| December 31, 2023 | +10.0% | +11.2% |
| September 30, 2023 | −4.1% | −3.6% |
| June 30, 2023 | +5.8% | +8.3% |
| March 31, 2023 | +5.1% | +7.0% |
| December 31, 2022 | +8.0% | +7.1% |
| September 30, 2022 | −5.9% | −5.3% |
| June 30, 2022 | −14.3% | −16.5% |
| March 31, 2022 | −3.6% | −4.9% |
| December 31, 2021 | +6.8% | +10.7% |
| September 30, 2021 | −1.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Pinnacle Wealth Management Advisory Group, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1631864&type=13F-HR&dateb=&owner=include&count=40CIK 1631864
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1631864/000163186426000003/Filed August 5, 2026 · accession 0001631864-26-000003