CUMBERLAND ADVISORS INC Information

2 N. TAMIAMI TR, SARASOTA, Florida, 34236, (800) 257-7013

Report Date: 06/30/2015

Position Statistics

Total Positions 65
New Positions 3
Increased Positions 27
Decreased Positions 16
Positions with Activity 43
Sold Out Positions 6
Total Mkt Value (in $ millions) 192

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 0.28%
Financial 96.11%
Healthcare
Services
Technology
Transportation
Utilities 0.14%

65 Positions as of 06/30/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
RYDEX ETF TRUST GUG S&P500 EQ WT 26,605 3,361 14.46 330,210
SELECT SECTOR SPDR TR TECHNOLOGY 15,937 -279 (1.72) 374,280
SELECT SECTOR SPDR TR SBI INT-UTILS 13,607 -404 (2.88) 309,320
WISDOMTREE TR EUROPE HEDGED EQ 13,123 991 8.17 204,595
WISDOMTREE TR MIDCAP DIVI FD 12,765 -62 (0.48) 153,055
WISDOMTREE TR JAPN HEDGE EQT 11,141 759 7.31 193,920
REVENUESHARES ETF TR LARGECAP FD 9,979 1,725 20.89 242,590
VANGUARD INDEX FDS MID CAP ETF 8,208 1,492 22.21 63,670
ISHARES TR U.S. FIN SVC ETF 7,688 410 5.64 79,850
DBX ETF TR XTRAK MSCI EAFE 6,673 482 7.79 225,300
SELECT SECTOR SPDR TR SBI CONS DISCR 6,279 -124 (1.94) 78,270
SPDR SERIES TRUST S&P HOMEBUILD 5,899 579 10.89 156,970
ISHARES U.S. BR-DEAL ETF 5,214 158 3.12 118,780
ISHARES TR NA TEC MULTM ETF 5,058 -122 (2.36) 128,220
ISHARES TR TRANS AVG ETF 4,193 32 .76 27,850
ISHARES TR HDG MSCI GERMN 4,094 459 12.62 154,790
SPDR S&P 500 ETF TR TR UNIT 3,545 New 16,840
SPDR INDEX SHS FDS S&P CHINA ETF 3,220 197 6.53 40,600
ISHARES MSCI TAIWAN ETF 3,085 280 10.00 209,710
SPDR INDEX SHS FDS ASIA PACIF ETF 2,800 -2,000 (41.66) 34,090