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) 153

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 95.92%
Healthcare
Services
Technology
Transportation
Utilities 0.17%

6 Sold Out Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ISHARES EMU ETF -2,922 Sold Out 0
ISHARES MSCI SWEDEN ETF -1,161 Sold Out 0
ISHARES TR U.S. FINLS ETF -7,616 Sold Out 0
POWERSHARES ETF TRUST GOLDEN DRG CHINA -2,371 Sold Out 0
RYDEX ETF TRUST GUG S&P MC400 PG -5,332 Sold Out 0
SELECT SECTOR SPDR TR SBI MATERIALS -7,546 Sold Out 0