CUMBERLAND ADVISORS INC Information

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

Report Date: 06/30/2014

Position Statistics

Total Positions 60
New Positions 25
Increased Positions 38
Decreased Positions 21
Positions with Activity 59
Sold Out Positions 6
Total Mkt Value (in $ millions) 154

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 0.18%
Financial 95.93%
Healthcare
Services
Technology
Transportation
Utilities 0.17%

25 New Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WISDOMTREE TR EUROPE HEDGED EQ 6,836 6,836 New 118,310
ISHARES MSCI THI CAP ETF 4,535 4,535 New 55,330
ISHARES MSCI BRZ CAP ETF 3,387 3,387 New 66,340
WISDOMTREE TR INTL DIV EX FINL 3,212 3,212 New 63,310
ISHARES INC CORE MSCI EMKT 2,794 2,794 New 52,310
MARKET VECTORS ETF TR GOLD MINER ETF 2,057 2,057 New 76,680
SPDR SERIES TRUST S&P METALS MNG 2,016 2,016 New 47,920
WESTERN GAS PARTNERS LP COM UNIT LP IN 31 31 New 400
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 30 30 New 500
TESORO LOGISTICS LP COM UNIT LP 29 29 New 400
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 29 29 New 400
DCP MIDSTREAM PARTNERS LP COM UT LTD PTN 28 28 New 500
SUNOCO LOGISTICS PRTNRS L P COM UNITS 28 28 New 600
TARGA RESOURCES PARTNERS LP COM UNIT 27 27 New 400
WILLIAMS PARTNERS L P COM UNIT L P 27 27 New 500
ONEOK PARTNERS LP UNIT LTD PARTN 26 26 New 450
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 25 25 New 300
KINDER MORGAN ENERGY PARTNERS UT LTD PARTNER 25 25 New 300
BUCKEYE PARTNERS L P UNIT LTD PARTN 25 25 New 300
ACCESS MIDSTREAM PARTNERS L P UNIT 25 25 New 400