CUMBERLAND ADVISORS INC

Q2 2014 13F-HR Holdings

Location
Sarasota, FL
Holdings as of
6/30/2014
Date filed
7/10/2014
Form type
13F-HR
Num holdings
54
Total value ($000)
$156,529
Net value change ($000)
-17,562 (-10.1%)
New positions
25
Sold out positions
6
Turnover %
32.8%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q1 2014
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
HEDJ 6,913 NEW
THD 4,272 NEW
AIVI 3,208 NEW
EWZ 3,170 NEW
XLU 2,714 32.7%
XLK 2,712 136.3%
IEMG 2,704 NEW
EIDO 2,042 161.0%
Vaneck Vectors Gold Miners ETF 2,028 NEW
XME 2,025 NEW
Top Reduces (Value $000, Stocks/ETFs)
MDY -12,419 -87.3%
POWERSHARES -9,606 -99.9%
IYF -7,486 -100.0%
XLB -7,153 -100.0%
RYDEX ETF TRUST -5,378 -100.0%
iShares, Inc. -3,400 -50.2%
DXJ -3,302 -27.9%
EZU -3,021 -100.0%
POWERSHARES ETF TRUST -2,237 -100.0%
EWD -1,222 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type