Cumberland Advisors Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 8, 2025), Cumberland Advisors Inc. reported 49 stock positions worth $250.6 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 20.9% of the portfolio, followed by State Street SPDR S&P Midcap (MDY, 11.2%) and SS SPDR S&P Aerospace Def (XAR, 9.6%). Compared with Q3 2024, it opened 2 new positions, sold out of 1, added to 10 and reduced 17. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +2%) and the biggest sale iShares Biotechnology ETF (IBB, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- SARASOTA, FL
- CIK
- 0001255435
- Portfolio Value
- $250.6M (Q4 2024)
- SEC Filing
- 0001255435-25-000001 ↗ filed Jan 8, 2025
Holdings Value
Holdings 49 stocks · $250.6M
| SPY SS SPDR S&P 500 ETF Trust-US | 20.86% | 89,217 | $52.3M | Add +2.1% |
| MDY State Street SPDR S&P Midcap | 11.25% | 49,482 | $28.2M | Add +4.5% |
| XAR SS SPDR S&P Aerospace Def | 9.55% | 144,379 | $23.9M | Reduce -4.3% |
| IJR iShares Core S&P Small-Cap E | 6.30% | 137,040 | $15.8M | Reduce -2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.97% | 27,465 | $12.4M | Add +4.0% |
| XLE SS Energy Select Sector | 4.25% | 124,342 | $10.7M | Reduce -0.8% |
| IBB iShares Biotechnology ETF | 3.91% | 74,073 | $9.8M | Reduce -3.7% |
| MSFT Microsoft Corp. | 3.36% | 19,985 | $8.4M | Add +4.4% |
| ACWX iShares MSCI Acwi Ex US ETF | 3.08% | 147,935 | $7.7M | Reduce -4.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.56% | 15,625 | $6.4M | Add +4.7% |
| URI United Rentals Inc. | 2.35% | 8,375 | $5.9M | Reduce -0.2% |
| IHI iShares U.S. Medical Devices | 2.32% | 99,450 | $5.8M | Reduce -0.8% |
| XLI SS Industrial Select Sector | 1.99% | 37,920 | $5.0M | Add +4.2% |
| META Meta Platforms Inc. Class A | 1.97% | 8,450 | $4.9M | No change |
| AAPL Apple Inc. | 1.95% | 19,487 | $4.9M | No change |
| GOOG Alphabet Inc. Class C | 1.53% | 20,150 | $3.8M | No change |
| CAT Caterpillar Inc. | 1.43% | 9,850 | $3.6M | No change |
| FCX Freeport-McMoran Inc. | 1.39% | 91,350 | $3.5M | Reduce -0.5% |
| MELI MercadoLibre Inc. | 1.31% | 1,930 | $3.3M | No change |
| CMI Cummins Inc. | 1.19% | 8,550 | $3.0M | No change |
| FDX FedEx Corp. | 1.14% | 10,175 | $2.9M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.90% | 51,200 | $2.3M | No change |
| EWC iShares MSCI Canada ETF | 0.88% | 54,510 | $2.2M | Reduce -4.9% |
| AMZN Amazon.com Inc. | 0.85% | 9,680 | $2.1M | No change |
| EWJ iShares MSCI Japan ETF | 0.83% | 30,930 | $2.1M | Reduce -5.1% |
| EWT iShares MSCI Taiwan ETF | 0.82% | 39,700 | $2.1M | Reduce -4.3% |
| M Macy's Inc. | 0.79% | 117,510 | $2.0M | No change |
| INDA iShares MSCI India ETF | 0.79% | 37,680 | $2.0M | Reduce -4.6% |
| OXY Occidental Petroleum Corp. | 0.76% | 38,500 | $1.9M | Reduce -2.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.72% | 16,250 | $1.8M | No change |
| MAT Mattel Inc. | 0.58% | 81,800 | $1.5M | Reduce -15.5% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.43% | 23,475 | $1.1M | Add +14.8% |
| BND Vanguard Total Bond Market | 0.38% | 13,075 | $940K | Add +3.6% |
| BABA Alibaba Group Holding-SP ADR | 0.36% | 10,625 | $901K | Reduce -9.0% |
| PST Proshares Ultrashort 7-10 YR | 0.32% | 33,000 | $791K | Reduce -5.2% |
| WFC Wells Fargo & Co. | 0.30% | 10,800 | $759K | Reduce -4.4% |
| BSV Vanguard Short-Term Bond ETF | 0.29% | 9,435 | $729K | Add +0.5% |
| CMCSA Comcast Corp. Class A | 0.26% | 17,500 | $657K | No change |
| MUB iShares National Muni Bond E | 0.14% | 3,205 | $341K | Add +10.1% |
| JPM JPMorgan Chase & Co. | 0.13% | 1,350 | $324K | No change |
| GOOGL Alphabet Inc. Class A | 0.12% | 1,580 | $299K | No change |
| VGK Vanguard Ftse Europe ETF | 0.11% | 4,420 | $281K | No change |
| WMT Walmart Inc. | 0.11% | 3,000 | $271K | No change |
| LYB Lyondellbasell Indu Class A | 0.11% | 3,600 | $267K | No change |
| TSLA Tesla Inc. | 0.11% | 660 | $267K | New |
| EEMV iShares MSCI Emg MKT Min Vol | 0.10% | 4,290 | $249K | No change |
| KO The Coca-Cola Co. | 0.09% | 3,661 | $228K | No change |
| V Visa Inc. Class A | 0.08% | 640 | $202K | New |
| OPK Opko Health Inc. | 0.01% | 19,500 | $29K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| IBB iShares Biotechnology ETF | Reduce -3.7% | 3.91% | −0.54 |
| FCX Freeport-McMoran Inc. | Reduce -0.5% | 1.39% | −0.43 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -4.2% | 3.08% | −0.43 |
| URI United Rentals Inc. | Reduce -0.2% | 2.35% | −0.35 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.0% | 6.30% | −0.20 |
| MAT Mattel Inc. | Reduce -15.5% | 0.58% | −0.15 |
| BABA Alibaba Group Holding-SP ADR | Reduce -9.0% | 0.36% | −0.13 |
| INDA iShares MSCI India ETF | Reduce -4.6% | 0.79% | −0.13 |
| XLE SS Energy Select Sector | Reduce -0.8% | 4.25% | −0.12 |
| EWJ iShares MSCI Japan ETF | Reduce -5.1% | 0.83% | −0.10 |
| SCZ iShares MSCI Eafe Small-Cap | Sold out | 0.00% | −0.08 |
| EWC iShares MSCI Canada ETF | Reduce -4.9% | 0.88% | −0.07 |
| EWT iShares MSCI Taiwan ETF | Reduce -4.3% | 0.82% | −0.07 |
| OXY Occidental Petroleum Corp. | Reduce -2.5% | 0.76% | −0.05 |
| IHI iShares U.S. Medical Devices | Reduce -0.8% | 2.32% | −0.04 |
| PST Proshares Ultrashort 7-10 YR | Reduce -5.2% | 0.32% | +0.02 |
| WFC Wells Fargo & Co. | Reduce -4.4% | 0.30% | +0.05 |
| XAR SS SPDR S&P Aerospace Def | Reduce -4.3% | 9.55% | +0.12 |
Portfolio Buys Q3 2024 → Q4 2024
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.1% | 20.86% | +0.94 |
| MDY State Street SPDR S&P Midcap | Add +4.5% | 11.25% | +0.52 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +4.7% | 2.56% | +0.28 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.0% | 4.97% | +0.14 |
| TSLA Tesla Inc. | New | 0.11% | +0.11 |
| MSFT Microsoft Corp. | Add +4.4% | 3.36% | +0.09 |
| V Visa Inc. Class A | New | 0.08% | +0.08 |
| TFI SS SPDR N Ice Muni Bond ETF | Add +14.8% | 0.43% | +0.05 |
| XLI SS Industrial Select Sector | Add +4.2% | 1.99% | +0.03 |
| MUB iShares National Muni Bond E | Add +10.1% | 0.14% | +0.01 |
| BND Vanguard Total Bond Market | Add +3.6% | 0.38% | −0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +0.5% | 0.29% | −0.00 |
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 |