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) 177

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 96.18%
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
AMERIGAS PARTNERS L P UNIT L P INT 22 New 500
BUCKEYE PARTNERS L P UNIT LTD PARTN 21 New 300
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 19 New 6,980
DBX ETF TR XTRAK MSCI EAFE 6,034 436 7.79 225,300
ENBRIDGE ENERGY PARTNERS L P COM 14 New 500
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 49 New 1,800
ENLINK MIDSTREAM PARTNERS LP COM UNIT REP LTD 29 New 1,700
ENTERPRISE PRODS PARTNERS L P COM 55 New 1,970
FIRST TR EXCHANGE TRADED FD NY ARCA BIOTECH 633 100 18.72 5,580
GENESIS ENERGY L P UNIT LTD PARTN 46 New 1,040
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 35 New 1,060
ISHARES MSCI TAIWAN ETF 2,772 252 10.00 209,710
ISHARES EAFE SML CP ETF 579 -6 (1.07) 11,990
ISHARES MSCI THI CAP ETF -1,674 Sold Out 0
ISHARES MSCI CH CAP ETF 1,748 1,748 New 50,370
ISHARES BELGIUM CAPD ETF 2,227 195 9.61 132,480
ISHARES MSCI SWEDEN ETF 1,724 1,724 New 57,500
ISHARES U.S. BR-DEAL ETF 4,703 142 3.12 118,780
ISHARES TR MSCI INDIA ETF Sold Out 0
ISHARES TR TRANS AVG ETF 3,937 30 .76 27,850