CUMBERLAND ADVISORS INC Information

2 N. TAMIAMI TR, SARASOTA, Florida, 34236, (800) 257-7013

Report Date: 09/30/2014

Position Statistics

Total Positions 80
New Positions 26
Increased Positions 48
Decreased Positions 26
Positions with Activity 74
Sold Out Positions 17
Total Mkt Value (in $ millions) 143

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 0.34%
Financial 94.87%
Healthcare
Services
Technology
Transportation
Utilities 0.24%

80 Positions as of 09/30/2014

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ACCESS MIDSTREAM PARTNERS L P UNIT 48 24 100 800
AMERIGAS PARTNERS L P UNIT L P INT 23 9 66.67 500
BREITBURN ENERGY PARTNERS LP COM UT LTD PTN 15 15 New 900
BUCKEYE PARTNERS L P UNIT LTD PARTN 23 New 300
DCP MIDSTREAM PARTNERS LP COM UT LTD PTN 54 27 100 1,000
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 43 14 50 750
ENTERPRISE PRODS PARTNERS L P COM 74 27 56 1,950
FIRST TR EXCHANGE TRADED FD NY ARCA BIOTECH 95 95 New 1,050
FIRST TR EXCHANGE TRADED FD DJ INTERNT IDX -6,425 Sold Out 0
FIRST TR ISE REVERE NAT GAS IN COM 42 42 New 2,780
GENESIS ENERGY L P UNIT LTD PARTN 49 27 122.22 1,000
GLOBAL X FDS GLBX MSCI NORW 1,772 1,772 New 122,780
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 21 New 600
ISHARES MSCI BRZ CAP ETF -2,880 Sold Out 0
ISHARES MSCI GERMANY ETF -1,876 Sold Out 0
ISHARES MSCI CDA ETF 1,279 1,279 New 43,820
ISHARES BELGIUM CAPD ETF 1,962 1,962 New 125,830
ISHARES MSCI AUST ETF 86 86 New 3,520
ISHARES US OIL EQ&SV ETF -3,479 Sold Out 0
ISHARES MSCI SPAN CP ETF -2,034 Sold Out 0