CUMBERLAND ADVISORS INC

Filed: 10/16/2024ACC: 0001255435-24-000011

📋 What this filing means

CUMBERLAND ADVISORS INC filed this quarterly 13F‑HR report disclosing 48 equity positions with a total reported market value of $251.67M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$251.67M

Total AUM (reported)

1.83M

Total Shares

Allocation by class

UNITS SER 1 S&P$50.15M19.9%

COMMON$48.54M19.3%

UTSER1 S&PDCRP$26.98M10.7%

AEROSPACE DEF$23.74M9.4%

CORE S&P SMALL-CAP$16.35M6.5%

CLASS B$12.15M4.8%

ISHARES BIOTECH$11.20M4.5%

Portfolio Concentration

Top 3$100.87M40.1%

4–10$74.58M29.6%

11–25$56.55M22.5%

Rest$19.66M7.8%

Top 3 weight

40.1%

Top 10 weight

69.7%

Voting Authority Distribution

Total shares with voting rights: 1.83M

Sole

Full voting authority

1.73M

% of voting shares94.6%

Shared

Joint voting authority

205.00

% of voting shares0.0%

None

No voting authority

99.13K

% of voting shares5.4%

Investment Discretion (by position count)

Sole48

Shared0

Other0

Dominant voting typeSole · 94.6% of voting shares

Institutional Holdings48

Rows:

SPDR S&P 500 ETF TR

SOLE

UNITS SER 1 S&P

Shares87.41K

TypeSH

Market value$50.15M

19.93%

Sole

87.15K

Shared

45.00

None

215.00

SPDR S&P MIDCAP 400

SOLE

UTSER1 S&PDCRP

Shares47.37K

TypeSH

Market value$26.98M

10.72%

Sole

46.86K

Shared

80.00

None

430.00

SPDR SERIES TRUST

SOLE

AEROSPACE DEF

Shares150.86K

TypeSH

Market value$23.74M

9.43%

Sole

142.60K

Shared

0.00

None

8.26K

ISHARES TR

SOLE

CORE S&P SMALL-CAP

Shares139.81K

TypeSH

Market value$16.35M

6.50%

Sole

132K

Shared

0.00

None

7.81K

BERKSHIRE HATHAWAY

SOLE

CLASS B

Shares26.39K

TypeSH

Market value$12.15M

4.83%

Sole

26.39K

Shared

0.00

None

0.00

ISHARES TR

SOLE

ISHARES BIOTECH

Shares76.95K

TypeSH

Market value$11.20M

4.45%

Sole

72.88K

Shared

0.00

None

4.07K

SELECT SECTOR SPDR

SOLE

SBI INT-ENERGY

Shares125.34K

TypeSH

Market value$11.01M

4.37%

Sole

120.82K

Shared

0.00

None

4.52K

ISHARES

SOLE

MSCI ACWI US ETF

Shares154.46K

TypeSH

Market value$8.84M

3.51%

Sole

122.86K

Shared

0.00

None

31.60K

MICROSOFT CORP

SOLE

COMMON

Shares19.14K

TypeSH

Market value$8.24M

3.27%

Sole

19.14K

Shared

0.00

None

0.00

UNITED RENTALS INC

SOLE

COMMON

Shares8.39K

TypeSH

Market value$6.80M

2.70%

Sole

8.39K

Shared

0.00

None

0.00

ISHARES

SOLE

U.S. MED DVC ETF

Shares100.20K

TypeSH

Market value$5.93M

2.36%

Sole

94.84K

Shared

0.00

None

5.36K

VANGUARD INDEX TR

SOLE

GROWTH

Shares14.93K

TypeSH

Market value$5.73M

2.28%

Sole

14.47K

Shared

80.00

None

380.00

SELECT SECTOR SPDR

SOLE

AMEX INDUSTRIAL SEL

Shares36.40K

TypeSH

Market value$4.93M

1.96%

Sole

36.40K

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

COM USD0.000006 CL A

Shares8.45K

TypeSH

Market value$4.84M

1.92%

Sole

8.45K

Shared

0.00

None

0.00

FREEPORT-MCMORAN INC

SOLE

COMMON

Shares91.85K

TypeSH

Market value$4.59M

1.82%

Sole

91.85K

Shared

0.00

None

0.00

APPLE INC

SOLE

COMMON

Shares19.49K

TypeSH

Market value$4.54M

1.80%

Sole

19.49K

Shared

0.00

None

0.00

MERCADOLIBRE INC

SOLE

COMMON

Shares1.93K

TypeSH

Market value$3.96M

1.57%

Sole

1.93K

Shared

0.00

None

0.00

CATERPILLAR INC

SOLE

COMMON

Shares9.85K

TypeSH

Market value$3.85M

1.53%

Sole

9.85K

Shared

0.00

None

0.00

ALPHABET INC

SOLE

CLASS C

Shares20.15K

TypeSH

Market value$3.37M

1.34%

Sole

20.15K

Shared

0.00

None

0.00

FEDEX CORP

SOLE

COMMON

Shares10.18K

TypeSH

Market value$2.78M

1.11%

Sole

10.18K

Shared

0.00

None

0.00

CUMMINS INC

SOLE

COMMON

Shares8.55K

TypeSH

Market value$2.77M

1.10%

Sole

8.55K

Shared

0.00

None

0.00

ISHARES INC

SOLE

MSCI CDA INDEX

Shares57.34K

TypeSH

Market value$2.38M

0.95%

Sole

46.19K

Shared

0.00

None

11.16K

ISHARES INC

SOLE

MSCI JAPAN ETF

Shares32.59K

TypeSH

Market value$2.33M

0.93%

Sole

25.74K

Shared

0.00

None

6.85K

ISHARES MSCI

SOLE

INDIA INDEX FUND

Shares39.52K

TypeSH

Market value$2.31M

0.92%

Sole

31.34K

Shared

0.00

None

8.18K

ISHARES INC

SOLE

MSCI TAIWAN ETF

Shares41.46K

TypeSH

Market value$2.23M

0.89%

Sole

33.30K

Shared

0.00

None

8.16K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
SPDR S&P 500 ETF TRSOLE	UNITS SER 1 S&P	87.41K	SH	$50.15M 19.93%	87.15K	45.00	215.00
SPDR S&P MIDCAP 400SOLE	UTSER1 S&PDCRP	47.37K	SH	$26.98M 10.72%	46.86K	80.00	430.00
SPDR SERIES TRUSTSOLE	AEROSPACE DEF	150.86K	SH	$23.74M 9.43%	142.60K	0.00	8.26K
ISHARES TRSOLE	CORE S&P SMALL-CAP	139.81K	SH	$16.35M 6.50%	132K	0.00	7.81K
BERKSHIRE HATHAWAYSOLE	CLASS B	26.39K	SH	$12.15M 4.83%	26.39K	0.00	0.00
ISHARES TRSOLE	ISHARES BIOTECH	76.95K	SH	$11.20M 4.45%	72.88K	0.00	4.07K
SELECT SECTOR SPDRSOLE	SBI INT-ENERGY	125.34K	SH	$11.01M 4.37%	120.82K	0.00	4.52K
ISHARESSOLE	MSCI ACWI US ETF	154.46K	SH	$8.84M 3.51%	122.86K	0.00	31.60K
MICROSOFT CORPSOLE	COMMON	19.14K	SH	$8.24M 3.27%	19.14K	0.00	0.00
UNITED RENTALS INCSOLE	COMMON	8.39K	SH	$6.80M 2.70%	8.39K	0.00	0.00
ISHARESSOLE	U.S. MED DVC ETF	100.20K	SH	$5.93M 2.36%	94.84K	0.00	5.36K
VANGUARD INDEX TRSOLE	GROWTH	14.93K	SH	$5.73M 2.28%	14.47K	80.00	380.00
SELECT SECTOR SPDRSOLE	AMEX INDUSTRIAL SEL	36.40K	SH	$4.93M 1.96%	36.40K	0.00	0.00
META PLATFORMS INCSOLE	COM USD0.000006 CL A	8.45K	SH	$4.84M 1.92%	8.45K	0.00	0.00
FREEPORT-MCMORAN INCSOLE	COMMON	91.85K	SH	$4.59M 1.82%	91.85K	0.00	0.00
APPLE INCSOLE	COMMON	19.49K	SH	$4.54M 1.80%	19.49K	0.00	0.00
MERCADOLIBRE INCSOLE	COMMON	1.93K	SH	$3.96M 1.57%	1.93K	0.00	0.00
CATERPILLAR INCSOLE	COMMON	9.85K	SH	$3.85M 1.53%	9.85K	0.00	0.00
ALPHABET INCSOLE	CLASS C	20.15K	SH	$3.37M 1.34%	20.15K	0.00	0.00
FEDEX CORPSOLE	COMMON	10.18K	SH	$2.78M 1.11%	10.18K	0.00	0.00
CUMMINS INCSOLE	COMMON	8.55K	SH	$2.77M 1.10%	8.55K	0.00	0.00
ISHARES INCSOLE	MSCI CDA INDEX	57.34K	SH	$2.38M 0.95%	46.19K	0.00	11.16K
ISHARES INCSOLE	MSCI JAPAN ETF	32.59K	SH	$2.33M 0.93%	25.74K	0.00	6.85K
ISHARES MSCISOLE	INDIA INDEX FUND	39.52K	SH	$2.31M 0.92%	31.34K	0.00	8.18K
ISHARES INCSOLE	MSCI TAIWAN ETF	41.46K	SH	$2.23M 0.89%	33.30K	0.00	8.16K

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