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) 150

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%

60 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SUNOCO LOGISTICS PRTNRS L P COM UNITS 27 27 New 600
WILLIAMS PARTNERS L P COM UNIT L P 25 25 New 500
ONEOK PARTNERS LP UNIT LTD PARTN 25 25 New 450
KINDER MORGAN ENERGY PARTNERS UT LTD PARTNER 24 24 New 300
ACCESS MIDSTREAM PARTNERS L P UNIT 24 24 New 400
BUCKEYE PARTNERS L P UNIT LTD PARTN 24 24 New 300
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 24 24 New 300
GENESIS ENERGY L P UNIT LTD PARTN 24 24 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
SUBURBAN PROPANE PARTNERS L P UNIT LTD PARTN 13 13 New 300
POWERSHARES ETF TRUST II DWA DEVMKTMOM PT 13 -9,031 (99.85) 530
ISHARES EMU ETF -2,845 Sold Out 0
ISHARES MSCI SWEDEN ETF -1,138 Sold Out 0
ISHARES TR MSCI INDIA ETF (5.85) 87,495
ISHARES TR U.S. FINLS ETF -7,489 Sold Out 0
POWERSHARES ETF TRUST GOLDEN DRG CHINA -2,312 Sold Out 0
RYDEX ETF TRUST GUG S&P MC400 PG -5,218 Sold Out 0
SELECT SECTOR SPDR TR SBI MATERIALS -7,360 Sold Out 0