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) 188

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 96.12%
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
ISHARES BELGIUM CAPD ETF 2,376 208 9.61 132,480
SPDR SERIES TRUST S&P TRANSN ETF 2,153 -22 (0.99) 22,970
ISHARES TR MSCI PHILIPS ETF 2,017 198 10.90 52,810
ISHARES MSCI SWEDEN ETF 1,823 1,823 New 57,500
ISHARES MSCI CH CAP ETF 1,782 1,782 New 50,370
RYDEX ETF TRUST GUG S&P500 PU GR 1,759 92 5.51 21,440
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 1,462 New 5,485
POWERSHARES QQQ TRUST UNIT SER 1 1,046 -378 (26.55) 9,490
VANGUARD WORLD FDS CONSUM DIS ETF 997 163 19.61 7,930
POWERSHARES ETF TRUST DWA MOMENTUM PTF 970 161 19.90 22,470
VANGUARD WORLD FDS INF TECH ETF 951 161 20.35 8,870
VANGUARD INDEX FDS SMALL CP ETF 929 156 20.18 7,860
SPDR SERIES TRUST S&P PHARMAC 852 135 18.91 6,540
FIRST TR EXCHANGE TRADED FD NY ARCA BIOTECH 691 109 18.72 5,580
ISHARES EAFE SML CP ETF 606 -7 (1.07) 11,990
VANGUARD INTL EQUITY INDEX FD FTSE PACIFIC ETF 581 -5 (0.92) 9,750
POWERSHARES ETF TRUST GOLDEN DRG CHINA 504 124 32.64 16,620
MARKET VECTORS ETF TR AGRIBUS ETF 356 356 New 6,720
PLAINS ALL AMERN PIPELINE L P UNIT LTD PARTN 57 New 1,380
ENTERPRISE PRODS PARTNERS L P COM 56 New 1,970