Cumberland Advisors Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 15, 2024), Cumberland Advisors Inc. reported 56 stock positions worth $268.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 16.1% of the portfolio, followed by iShares Core S&P Small-Cap E (IJR, 10.0%) and State Street SPDR S&P Midcap (MDY, 9.3%). Compared with Q4 2023, it opened 6 new positions, sold out of 3, added to 14 and reduced 16. The biggest buy was SS Energy Select Sector (XLE, shares +230%) and the biggest sale SS SPDR S&P Metals Mining (XME, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- SARASOTA, FL
- CIK
- 0001255435
- Portfolio Value
- $268.9M (Q1 2024)
- SEC Filing
- 0001255435-24-000004 ↗ filed Apr 15, 2024
Holdings Value
Holdings 56 stocks · $268.9M
| SPY SS SPDR S&P 500 ETF Trust-US | 16.09% | 82,722 | $43.3M | Add +0.9% |
| IJR iShares Core S&P Small-Cap E | 10.00% | 243,235 | $26.9M | Add +32.5% |
| MDY State Street SPDR S&P Midcap | 9.28% | 44,867 | $25.0M | Add +2.1% |
| XAR SS SPDR S&P Aerospace Def | 8.64% | 165,419 | $23.2M | Reduce -8.7% |
| XLE SS Energy Select Sector | 4.66% | 132,682 | $12.5M | Add +230.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.24% | 27,135 | $11.4M | Add +5.3% |
| IBB iShares Biotechnology ETF | 4.23% | 82,838 | $11.4M | Reduce -4.8% |
| ACWX iShares MSCI Acwi Ex US ETF | 3.20% | 161,405 | $8.6M | Add +8.5% |
| MSFT Microsoft Corp. | 3.09% | 19,740 | $8.3M | Add +1.5% |
| KRE SS SPDR S&P Regional Bank | 2.96% | 158,140 | $8.0M | New |
| IHI iShares U.S. Medical Devices | 2.33% | 106,770 | $6.3M | New |
| URI United Rentals Inc. | 2.31% | 8,620 | $6.2M | Reduce -5.0% |
| XLI SS Industrial Select Sector | 1.72% | 36,720 | $4.6M | Add +3.4% |
| FCX Freeport-McMoran Inc. | 1.61% | 92,060 | $4.3M | No change |
| META Meta Platforms Inc. Class A | 1.57% | 8,700 | $4.2M | Reduce -12.1% |
| CAT Caterpillar Inc. | 1.34% | 9,850 | $3.6M | No change |
| JPM JPMorgan Chase & Co. | 1.24% | 16,690 | $3.3M | Add +2.7% |
| AAPL Apple Inc. | 1.24% | 19,487 | $3.3M | No change |
| GOOG Alphabet Inc. Class C | 1.14% | 20,150 | $3.1M | Add +0.8% |
| FDX FedEx Corp. | 1.10% | 10,175 | $2.9M | No change |
| MELI MercadoLibre Inc. | 1.09% | 1,930 | $2.9M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.07% | 8,330 | $2.9M | New |
| XME SS SPDR S&P Metals Mining | 1.00% | 44,831 | $2.7M | Reduce -78.8% |
| OXY Occidental Petroleum Corp. | 1.00% | 41,500 | $2.7M | No change |
| CMI Cummins Inc. | 0.94% | 8,550 | $2.5M | No change |
| ADBE Adobe Inc. | 0.92% | 4,910 | $2.5M | Add +2.4% |
| EWJ iShares MSCI Japan ETF | 0.91% | 34,162 | $2.4M | Add +4.2% |
| M Macy's Inc. | 0.87% | 116,510 | $2.3M | No change |
| EWC iShares MSCI Canada ETF | 0.85% | 59,835 | $2.3M | Reduce -1.2% |
| INDA iShares MSCI India ETF | 0.79% | 40,935 | $2.1M | Reduce -1.8% |
| EWT iShares MSCI Taiwan ETF | 0.78% | 43,130 | $2.1M | Reduce -1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.73% | 51,900 | $2.0M | Reduce -0.9% |
| ILF iShares Latin America 40 ETF | 0.73% | 68,805 | $2.0M | Reduce -3.2% |
| MAT Mattel Inc. | 0.71% | 96,300 | $1.9M | Reduce -2.0% |
| EWW iShares MSCI Mexico ETF | 0.69% | 26,670 | $1.8M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 0.65% | 9,680 | $1.7M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.65% | 14,250 | $1.7M | No change |
| DXJ Wisdomtree Japan Hedged Eq | 0.51% | 12,520 | $1.4M | New |
| TFI SS SPDR N Ice Muni Bond ETF | 0.33% | 19,160 | $891K | New |
| BSV Vanguard Short-Term Bond ETF | 0.33% | 11,410 | $875K | Add +8.6% |
| PST Proshares Ultrashort 7-10 YR | 0.30% | 34,800 | $807K | Reduce -3.6% |
| CMCSA Comcast Corp. Class A | 0.30% | 18,500 | $802K | No change |
| BABA Alibaba Group Holding-SP ADR | 0.28% | 10,525 | $762K | Reduce -5.4% |
| PFF iShares Preferred & Income S | 0.24% | 20,340 | $656K | No change |
| WFC Wells Fargo & Co. | 0.24% | 11,300 | $655K | No change |
| LYB Lyondellbasell Indu Class A | 0.20% | 5,300 | $542K | No change |
| VGK Vanguard Ftse Europe ETF | 0.13% | 5,260 | $354K | No change |
| BND Vanguard Total Bond Market | 0.13% | 4,725 | $343K | Add +9.3% |
| MUB iShares National Muni Bond E | 0.11% | 2,750 | $296K | Reduce -42.2% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.11% | 5,110 | $289K | No change |
| GOOGL Alphabet Inc. Class A | 0.09% | 1,580 | $238K | No change |
| SCZ iShares MSCI Eafe Small-Cap | 0.09% | 3,740 | $237K | No change |
| KO The Coca-Cola Co. | 0.08% | 3,661 | $224K | Reduce -7.6% |
| VPL Vanguard Ftse Pacific ETF | 0.08% | 2,860 | $217K | No change |
| CVX Chevron Corp. | 0.08% | 1,290 | $203K | New |
| OPK Opko Health Inc. | 0.01% | 19,500 | $23K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| XME SS SPDR S&P Metals Mining | Reduce -78.8% | 1.00% | −4.42 |
| IWC iShares Micro-Cap ETF | Sold out | 0.00% | −2.00 |
| XAR SS SPDR S&P Aerospace Def | Reduce -8.7% | 8.64% | −1.89 |
| IBB iShares Biotechnology ETF | Reduce -4.8% | 4.23% | −0.84 |
| ILF iShares Latin America 40 ETF | Reduce -3.2% | 0.73% | −0.16 |
| TBT Proshares Ultrashort 20+Y TR | Sold out | 0.00% | −0.11 |
| MUB iShares National Muni Bond E | Reduce -42.2% | 0.11% | −0.11 |
| EWC iShares MSCI Canada ETF | Reduce -1.2% | 0.85% | −0.10 |
| EWW iShares MSCI Mexico ETF | Reduce -1.3% | 0.69% | −0.10 |
| INDA iShares MSCI India ETF | Reduce -1.8% | 0.79% | −0.09 |
| MAT Mattel Inc. | Reduce -2.0% | 0.71% | −0.09 |
| BABA Alibaba Group Holding-SP ADR | Reduce -5.4% | 0.28% | −0.09 |
| EWT iShares MSCI Taiwan ETF | Reduce -1.4% | 0.78% | −0.08 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.08 |
| PST Proshares Ultrashort 7-10 YR | Reduce -3.6% | 0.30% | −0.04 |
| BAC Bank of America Corp. | Reduce -0.9% | 0.73% | −0.03 |
| KO The Coca-Cola Co. | Reduce -7.6% | 0.08% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -12.1% | 1.57% | +0.07 |
| URI United Rentals Inc. | Reduce -5.0% | 2.31% | +0.08 |
Portfolio Buys Q4 2023 → Q1 2024
| XLE SS Energy Select Sector | Add +230.2% | 4.66% | +3.21 |
| KRE SS SPDR S&P Regional Bank | New | 2.96% | +2.96 |
| IHI iShares U.S. Medical Devices | New | 2.33% | +2.33 |
| IJR iShares Core S&P Small-Cap E | Add +32.5% | 10.00% | +1.47 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 1.07% | +1.07 |
| DXJ Wisdomtree Japan Hedged Eq | New | 0.51% | +0.51 |
| TFI SS SPDR N Ice Muni Bond ETF | New | 0.33% | +0.33 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.3% | 4.24% | +0.30 |
| CVX Chevron Corp. | New | 0.08% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +2.7% | 1.24% | +0.06 |
| EWJ iShares MSCI Japan ETF | Add +4.2% | 0.91% | +0.00 |
| BND Vanguard Total Bond Market | Add +9.3% | 0.13% | −0.01 |
| XLI SS Industrial Select Sector | Add +3.4% | 1.72% | −0.02 |
| BSV Vanguard Short-Term Bond ETF | Add +8.6% | 0.33% | −0.02 |
| MSFT Microsoft Corp. | Add +1.5% | 3.09% | −0.05 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +8.5% | 3.20% | −0.05 |
| GOOG Alphabet Inc. Class C | Add +0.8% | 1.14% | −0.07 |
| MDY State Street SPDR S&P Midcap | Add +2.1% | 9.28% | −0.28 |
| ADBE Adobe Inc. | Add +2.4% | 0.92% | −0.31 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.9% | 16.09% | −0.64 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 49 | $283.8M | SPY, MDY, XAR, ACWX, IBB |
| Q1 2026 | 48 | $255.5M | SPY, MDY, XAR, ACWX, BRK.B |
| Q4 2025 | 49 | $263.8M | SPY, MDY, XAR, BRK.B, ACWX |
| Q3 2025 | 48 | $260.5M | SPY, MDY, XAR, BRK.B, ACWX |
| Q2 2025 | 49 | $237.7M | SPY, MDY, XAR, BRK.B, ACWX |
| Q1 2025 | 49 | $220.6M | SPY, MDY, XAR, BRK.B, IBB |
| Q4 2024 | 49 | $250.6M | SPY, MDY, XAR, IJR, BRK.B |
| Q3 2024 | 48 | $251.7M | SPY, MDY, XAR, IJR, BRK.B |
| Q2 2024 | 53 | $244.2M | SPY, MDY, XAR, IJR, XLE |
| Q1 2024 | 56 | $268.9M | SPY, IJR, MDY, XAR, XLE |