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) 149

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 0.19%
Financial 96.04%
Healthcare
Services
Technology
Transportation
Utilities 0.18%

60 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
KINDER MORGAN ENERGY PARTNERS UT LTD PARTNER 28 28 New 300
DCP MIDSTREAM PARTNERS LP COM UT LTD PTN 27 27 New 500
WILLIAMS PARTNERS L P COM UNIT L P 27 27 New 500
ACCESS MIDSTREAM PARTNERS L P UNIT 25 25 New 400
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 25 25 New 300
ONEOK PARTNERS LP UNIT LTD PARTN 25 25 New 450
BUCKEYE PARTNERS L P UNIT LTD PARTN 24 24 New 300
GENESIS ENERGY L P UNIT LTD PARTN 24 24 New 450
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 22 22 New 600
SPECTRA ENERGY PARTNERS LP COM 21 21 New 400
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 -8,696 (99.85) 530
ISHARES EMU ETF -2,752 Sold Out 0
ISHARES MSCI SWEDEN ETF -1,104 Sold Out 0
ISHARES TR MSCI INDIA ETF (5.85) 87,495
ISHARES TR U.S. FINLS ETF -7,665 Sold Out 0
POWERSHARES ETF TRUST GOLDEN DRG CHINA -2,232 Sold Out 0
RYDEX ETF TRUST GUG S&P MC400 PG -5,330 Sold Out 0
SELECT SECTOR SPDR TR SBI MATERIALS -7,502 Sold Out 0