13F HOLDINGS REPORT

Pinnacle Wealth Management Group, Inc.

Quarter ended Q3 2025 · Filed October 8, 2025 · Accession 0001868491-25-000006

Total Value

$195.1M

Positions

129

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (129)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VICTORY PORTFOLIOS II	92647N527	182,341	$8.7M	4.44%
2	VANGUARD SCOTTSDALE FDS	92206C771	176,446	$8.3M	4.25%
3	RBB FD INC	74933W452	164,683	$8.2M	4.22%
4	VICTORY PORTFOLIOS II	92647N535	152,074	$7.8M	3.98%
5	INVESCO QQQ TR	IVZ	12,318	$7.4M	3.79%
6	MICROSOFT CORP	MSFT	13,598	$7.0M	3.61%
7	INNOVATOR ETFS TRUST	INHD	194,756	$6.5M	3.31%
8	VANECK ETF TRUST	92189F106	84,413	$6.4M	3.31%
9	INNOVATOR ETFS TRUST	INHD	163,536	$5.9M	3.02%
10	INVESCO EXCHANGE TRADED FD T	IVZ	30,308	$5.7M	2.95%
11	VANGUARD STAR FDS	921909768	78,263	$5.7M	2.95%
12	VANGUARD INDEX FDS	922908629	18,320	$5.4M	2.76%
13	ISHARES TR	464287655	22,104	$5.3M	2.74%
14	MORGAN STANLEY	MS-PQ	31,684	$5.0M	2.58%
15	INVESCO EXCH TRADED FD TR II	IVZ	65,026	$4.8M	2.45%
16	INNOVATOR ETFS TRUST	INHD	117,062	$4.5M	2.30%
17	AGNICO EAGLE MINES LTD	AEM	25,149	$4.2M	2.17%
18	INNOVATOR ETFS TRUST	INHD	101,868	$4.0M	2.03%
19	JPMORGAN CHASE & CO.	VYLD	11,061	$3.5M	1.79%
20	NEW GOLD INC CDA	644535106	432,818	$3.1M	1.59%
21	APPLE INC	AAPL	11,938	$3.0M	1.56%
22	INVESCO EXCH TRADED FD TR II	IVZ	57,628	$2.8M	1.46%
23	INVESCO EXCH TRADED FD TR II	IVZ	36,412	$2.8M	1.46%
24	VANGUARD WORLD FD	92204A876	15,002	$2.8M	1.46%
25	INNOVATOR ETFS TRUST	INHD	67,240	$2.8M	1.45%
26	GLOBAL X FDS	37954Y384	76,935	$2.7M	1.39%
27	INNOVATOR ETFS TRUST	INHD	63,285	$2.6M	1.34%
28	ALAMOS GOLD INC NEW	AGI	72,121	$2.5M	1.29%
29	SELECT SECTOR SPDR TR	81369Y209	17,818	$2.5M	1.27%
30	INNOVATOR ETFS TRUST	INHD	43,630	$1.9M	0.96%
31	INNOVATOR ETFS TRUST	INHD	37,910	$1.7M	0.85%
32	INNOVATOR ETFS TRUST	INHD	81,285	$1.7M	0.85%
33	ISHARES TR	46429B747	14,783	$1.5M	0.78%
34	INNOVATOR ETFS TRUST	INHD	37,271	$1.5M	0.76%
35	VISA INC	V	4,272	$1.5M	0.75%
36	AMAZON COM INC	AMZN	6,451	$1.4M	0.73%
37	VERIZON COMMUNICATIONS INC	VZ	29,263	$1.3M	0.66%
38	REPUBLIC SVCS INC	760759100	5,277	$1.2M	0.62%
39	ISHARES TR	464287150	7,475	$1.1M	0.56%
40	PEPSICO INC	PEP	7,655	$1.1M	0.55%
41	ALPHABET INC	GOOG	4,417	$1.1M	0.55%
42	ABBVIE INC	ABBV	4,571	$1.1M	0.54%
43	ORACLE CORP	ORCL-PD	3,696	$1.0M	0.53%
44	ALPHABET INC	GOOG	3,955	$963,240	0.49%
45	T-MOBILE US INC	TMUSZ	3,862	$924,486	0.47%
46	INNOVATOR ETFS TRUST	INHD	21,005	$892,082	0.46%
47	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,750	$768,048	0.39%
48	BERKSHIRE HATHAWAY INC DEL	BRK-A	1	$754,200	0.39%
49	VANGUARD INDEX FDS	922908769	2,218	$727,881	0.37%
50	BOEING CO	BA-PA	3,357	$724,541	0.37%
51	INNOVATOR ETFS TRUST	INHD	14,030	$677,453	0.35%
52	INNOVATOR ETFS TRUST	INHD	14,636	$670,256	0.34%
53	ISHARES TR	464287457	7,412	$614,900	0.32%
54	AUTOMATIC DATA PROCESSING IN	ADP	2,049	$601,525	0.31%
55	GLOBAL X FDS	37954Y673	12,530	$596,804	0.31%
56	BROOKFIELD INFRASTRUCTURE CO	BIPC	14,419	$592,909	0.30%
57	WELLTOWER INC	WELL	3,318	$591,029	0.30%
58	PROCTER AND GAMBLE CO	742718109	3,657	$561,876	0.29%
59	INNOVATOR ETFS TRUST	INHD	11,940	$544,464	0.28%
60	DUKE ENERGY CORP NEW	DUKB	4,048	$500,940	0.26%
61	SPDR DOW JONES INDL AVERAGE	78467X109	1,062	$492,492	0.25%
62	KT CORP	KT	24,850	$484,575	0.25%
63	SOUTHERN CO	SOMN	5,104	$483,706	0.25%
64	INNOVATOR ETFS TRUST	INHD	11,040	$475,824	0.24%
65	JOHNSON & JOHNSON	JNJ	2,526	$468,371	0.24%
66	SPDR SERIES TRUST	78464A805	5,746	$463,415	0.24%
67	INNOVATOR ETFS TRUST	INHD	9,450	$462,962	0.24%
68	NEXTRACKER INC	NXT	6,168	$456,370	0.23%
69	AMERICAN TOWER CORP NEW	03027X100	2,335	$449,067	0.23%
70	INNOVATOR ETFS TRUST	INHD	8,700	$448,874	0.23%
71	NEXTERA ENERGY INC	NEE-PW	5,839	$440,816	0.23%
72	INNOVATOR ETFS TRUST	INHD	16,630	$440,030	0.23%
73	ECOLAB INC	ECL	1,603	$438,957	0.23%
74	BERKSHIRE HATHAWAY INC DEL	BRK-A	866	$435,373	0.22%
75	DTE ENERGY CO	DTK	3,048	$431,114	0.22%
76	ISHARES TR	464287440	4,456	$429,826	0.22%
77	NVIDIA CORPORATION	NVDA	2,270	$423,537	0.22%
78	INNOVATOR ETFS TRUST	INHD	10,220	$419,633	0.22%
79	AMEREN CORP	AEE	3,956	$412,927	0.21%
80	CROWN CASTLE INC	CCI	4,202	$405,472	0.21%
81	BROOKFIELD RENEWABLE CORP	BEPC	11,659	$401,316	0.21%
82	SKEENA RES LTD NEW	83056P715	19,600	$361,228	0.19%
83	ISHARES TR	46432F834	4,349	$359,142	0.18%
84	SCHWAB STRATEGIC TR	808524797	12,857	$350,987	0.18%
85	INNOVATOR ETFS TRUST	INHD	7,300	$349,889	0.18%
86	NEWMONT CORP	NEMCL	4,130	$348,200	0.18%
87	CHEVRON CORP NEW	CVX	2,200	$341,638	0.18%
88	VULCAN MATLS CO	929160109	1,100	$338,382	0.17%
89	ISHARES TR	464287598	1,570	$319,636	0.16%
90	CMS ENERGY CORP	CMS-PC	4,345	$318,333	0.16%
91	BANK AMERICA CORP	060505104	6,135	$316,505	0.16%
92	ISHARES TR	46432F339	1,626	$316,257	0.16%
93	INNOVATOR ETFS TRUST	INHD	10,850	$310,852	0.16%
94	VANGUARD INDEX FDS	922908363	506	$309,992	0.16%
95	DT MIDSTREAM INC	DTM	2,741	$309,926	0.16%
96	MONDELEZ INTL INC	609207105	4,900	$306,103	0.16%
97	ISHARES TR	46434VBD1	12,000	$302,280	0.15%
98	SPDR SERIES TRUST	78468R101	10,238	$300,178	0.15%
99	ABBOTT LABS	ABLZF	2,230	$298,686	0.15%
100	SPDR SERIES TRUST	78464A763	2,121	$297,046	0.15%
101	INNOVATOR ETFS TRUST	INHD	5,550	$294,237	0.15%
102	UNITED PARCEL SERVICE INC	UPS	3,520	$294,026	0.15%
103	OSISKO DEVELOPMENT CORP	OSDVF	85,850	$291,032	0.15%
104	ISHARES INC	464286400	9,352	$289,900	0.15%
105	MOTOROLA SOLUTIONS INC	MSI	621	$283,817	0.15%
106	GOLDMAN SACHS GROUP INC	GSCE	350	$278,722	0.14%
107	COSTCO WHSL CORP NEW	22160K105	280	$259,176	0.13%
108	ALIBABA GROUP HLDG LTD	BBAAY	1,443	$257,907	0.13%
109	INNOVATOR ETFS TRUST	INHD	12,630	$255,063	0.13%
110	PAYCHEX INC	PAYX	2,007	$254,405	0.13%
111	INVESCO EXCHANGE TRADED FD T	IVZ	3,525	$254,188	0.13%
112	BARRICK MNG CORP	06849F108	7,700	$252,329	0.13%
113	VIKING THERAPEUTICS INC	VKTX	9,565	$251,368	0.13%
114	INNOVATOR ETFS TRUST	INHD	5,300	$250,425	0.13%
115	ELI LILLY & CO	LLY	326	$248,738	0.13%
116	EXXON MOBIL CORP	XOM	2,095	$236,239	0.12%
117	HOME DEPOT INC	HD	546	$221,188	0.11%
118	INNOVATOR ETFS TRUST	INHD	5,025	$218,588	0.11%
119	INNOVATOR ETFS TRUST	INHD	4,950	$216,913	0.11%
120	VANGUARD SPECIALIZED FUNDS	921908844	998	$215,358	0.11%
121	VANGUARD INDEX FDS	922908744	1,145	$213,531	0.11%
122	REAVES UTIL INCOME FD	756158101	5,350	$211,967	0.11%
123	ISHARES TR	464287507	3,199	$208,767	0.11%
124	SCHWAB STRATEGIC TR	808524870	7,700	$207,515	0.11%
125	CITIGROUP INC	C-PR	1,999	$202,898	0.10%
126	LABCORP HOLDINGS INC	LH	699	$200,772	0.10%
127	DOLLY VARDEN SILVER CORP	DVS	37,000	$185,370	0.10%
128	NOKIA CORP	NOKBF	18,037	$86,758	0.04%
129	EVGO INC	EVGOW	14,400	$68,112	0.03%