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%

60 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
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
GENESIS ENERGY L P UNIT LTD PARTN 25 25 New 450
SPECTRA ENERGY PARTNERS LP COM 21 21 New 400
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 20 20 New 600
AMERIGAS PARTNERS L P UNIT L P INT 14 14 New 300
POWERSHARES ETF TRUST II DWA DEVMKTMOM PT 14 -9,256 (99.85) 530
SUBURBAN PROPANE PARTNERS L P UNIT LTD PARTN 14 14 New 300
ISHARES EMU ETF -2,932 Sold Out 0
ISHARES MSCI SWEDEN ETF -1,180 Sold Out 0
ISHARES TR MSCI INDIA ETF (5.85) 87,495
ISHARES TR U.S. FINLS ETF -7,651 Sold Out 0
POWERSHARES ETF TRUST GOLDEN DRG CHINA -2,376 Sold Out 0
RYDEX ETF TRUST GUG S&P MC400 PG -5,374 Sold Out 0
SELECT SECTOR SPDR TR SBI MATERIALS -7,581 Sold Out 0