Cumberland Advisors Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Cumberland Advisors Inc. reported 49 stock positions worth $220.6 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 22.0% of the portfolio, followed by State Street SPDR S&P Midcap (MDY, 11.7%) and SS SPDR S&P Aerospace Def (XAR, 8.1%). Compared with Q4 2024, it opened 3 new positions, sold out of 3, added to 17 and reduced 18. The biggest buy was iShares U.S. Medical Devices (IHI, shares +45%) and the biggest sale an exit from SS Energy Select Sector (XLE).
- Most Recent 13F
- Q2 2026
- Location
- SARASOTA, FL
- CIK
- 0001255435
- Portfolio Value
- $220.6M (Q1 2025)
- SEC Filing
- 0001420506-25-000943 ↗ filed May 9, 2025
Holdings Value
Holdings 49 stocks · $220.6M
| SPY SS SPDR S&P 500 ETF Trust-US | 22.00% | 86,748 | $48.5M | Reduce -2.8% |
| MDY State Street SPDR S&P Midcap | 11.71% | 48,437 | $25.8M | Reduce -2.1% |
| XAR SS SPDR S&P Aerospace Def | 8.10% | 111,149 | $17.9M | Reduce -23.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.62% | 27,401 | $14.6M | Reduce -0.2% |
| IBB iShares Biotechnology ETF | 4.26% | 73,443 | $9.4M | Reduce -0.8% |
| IHI iShares U.S. Medical Devices | 3.93% | 143,860 | $8.7M | Add +44.7% |
| ACWX iShares MSCI Acwi Ex US ETF | 3.75% | 149,165 | $8.3M | Add +0.8% |
| MSFT Microsoft Corp. | 3.40% | 19,985 | $7.5M | No change |
| IJR iShares Core S&P Small-Cap E | 3.21% | 67,605 | $7.1M | Reduce -50.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.63% | 15,673 | $5.8M | Add +0.3% |
| URI United Rentals Inc. | 2.37% | 8,325 | $5.2M | Reduce -0.6% |
| XLI SS Industrial Select Sector | 2.25% | 37,891 | $5.0M | Reduce -0.1% |
| META Meta Platforms Inc. Class A | 2.08% | 7,964 | $4.6M | Reduce -5.8% |
| AAPL Apple Inc. | 1.95% | 19,406 | $4.3M | Reduce -0.4% |
| MELI MercadoLibre Inc. | 1.71% | 1,930 | $3.8M | No change |
| FCX Freeport-McMoran Inc. | 1.57% | 91,350 | $3.5M | No change |
| GOOG Alphabet Inc. Class C | 1.43% | 20,181 | $3.2M | Add +0.1% |
| CAT Caterpillar Inc. | 1.43% | 9,553 | $3.2M | Reduce -3.0% |
| CMI Cummins Inc. | 1.22% | 8,550 | $2.7M | No change |
| FDX FedEx Corp. | 1.12% | 10,175 | $2.5M | No change |
| EWC iShares MSCI Canada ETF | 0.99% | 53,570 | $2.2M | Reduce -1.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.97% | 51,239 | $2.1M | Add +0.1% |
| EWJ iShares MSCI Japan ETF | 0.96% | 30,930 | $2.1M | No change |
| OXY Occidental Petroleum Corp. | 0.91% | 40,502 | $2.0M | Add +5.2% |
| INDA iShares MSCI India ETF | 0.88% | 37,680 | $1.9M | No change |
| EWT iShares MSCI Taiwan ETF | 0.85% | 39,700 | $1.9M | No change |
| AMZN Amazon.com Inc. | 0.84% | 9,718 | $1.8M | Add +0.4% |
| PFE Pfizer Inc. | 0.79% | 68,823 | $1.7M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.73% | 16,258 | $1.6M | Add +0.1% |
| MAT Mattel Inc. | 0.72% | 81,800 | $1.6M | No change |
| M Macy's Inc. | 0.66% | 115,510 | $1.5M | Reduce -1.7% |
| BND Vanguard Total Bond Market | 0.63% | 19,005 | $1.4M | Add +45.4% |
| BABA Alibaba Group Holding-SP ADR | 0.55% | 9,225 | $1.2M | Reduce -13.2% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.49% | 24,005 | $1.1M | Add +2.3% |
| WFC Wells Fargo & Co. | 0.35% | 10,821 | $777K | Add +0.2% |
| PST Proshares Ultrashort 7-10 YR | 0.34% | 33,000 | $756K | No change |
| BSV Vanguard Short-Term Bond ETF | 0.33% | 9,260 | $725K | Reduce -1.9% |
| MUB iShares National Muni Bond E | 0.16% | 3,265 | $344K | Add +1.9% |
| JPM JPMorgan Chase & Co. | 0.15% | 1,367 | $335K | Add +1.3% |
| WMT Walmart Inc. | 0.12% | 3,084 | $271K | Add +2.8% |
| KO The Coca-Cola Co. | 0.12% | 3,672 | $263K | Add +0.3% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.11% | 4,270 | $249K | Reduce -0.5% |
| GOOGL Alphabet Inc. Class A | 0.11% | 1,587 | $245K | Add +0.4% |
| V Visa Inc. Class A | 0.10% | 650 | $228K | Add +1.6% |
| CMCSA Comcast Corp. Class A | 0.10% | 6,100 | $225K | Reduce -65.1% |
| CVX Chevron Corp. | 0.10% | 1,300 | $217K | New |
| XOM Exxon Mobil Corp. | 0.09% | 1,719 | $204K | New |
| VGK Vanguard Ftse Europe ETF | 0.09% | 2,880 | $202K | Reduce -34.8% |
| OPK Opko Health Inc. | 0.01% | 19,500 | $32K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| XLE SS Energy Select Sector | Sold out | 0.00% | −4.25 |
| IJR iShares Core S&P Small-Cap E | Reduce -50.7% | 3.21% | −3.10 |
| XAR SS SPDR S&P Aerospace Def | Reduce -23.0% | 8.10% | −1.46 |
| CMCSA Comcast Corp. Class A | Reduce -65.1% | 0.10% | −0.16 |
| M Macy's Inc. | Reduce -1.7% | 0.66% | −0.14 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.11 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.11 |
| VGK Vanguard Ftse Europe ETF | Reduce -34.8% | 0.09% | −0.02 |
| CAT Caterpillar Inc. | Reduce -3.0% | 1.43% | +0.00 |
| AAPL Apple Inc. | Reduce -0.4% | 1.95% | +0.01 |
| URI United Rentals Inc. | Reduce -0.6% | 2.37% | +0.01 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -0.5% | 0.11% | +0.01 |
| BSV Vanguard Short-Term Bond ETF | Reduce -1.9% | 0.33% | +0.04 |
| META Meta Platforms Inc. Class A | Reduce -5.8% | 2.08% | +0.11 |
| EWC iShares MSCI Canada ETF | Reduce -1.7% | 0.99% | +0.11 |
| BABA Alibaba Group Holding-SP ADR | Reduce -13.2% | 0.55% | +0.19 |
| XLI SS Industrial Select Sector | Reduce -0.1% | 2.25% | +0.26 |
| IBB iShares Biotechnology ETF | Reduce -0.8% | 4.26% | +0.35 |
| MDY State Street SPDR S&P Midcap | Reduce -2.1% | 11.71% | +0.47 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.8% | 22.00% | +1.14 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 6.62% | +1.65 |
Portfolio Buys Q4 2024 → Q1 2025
| IHI iShares U.S. Medical Devices | Add +44.7% | 3.93% | +1.61 |
| PFE Pfizer Inc. | New | 0.79% | +0.79 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +0.8% | 3.75% | +0.67 |
| BND Vanguard Total Bond Market | Add +45.4% | 0.63% | +0.26 |
| OXY Occidental Petroleum Corp. | Add +5.2% | 0.91% | +0.15 |
| CVX Chevron Corp. | New | 0.10% | +0.10 |
| XOM Exxon Mobil Corp. | New | 0.09% | +0.09 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.3% | 2.63% | +0.08 |
| BAC Bank of America Corp. | Add +0.1% | 0.97% | +0.07 |
| TFI SS SPDR N Ice Muni Bond ETF | Add +2.3% | 0.49% | +0.06 |
| WFC Wells Fargo & Co. | Add +0.2% | 0.35% | +0.05 |
| KO The Coca-Cola Co. | Add +0.3% | 0.12% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +1.3% | 0.15% | +0.02 |
| V Visa Inc. Class A | Add +1.6% | 0.10% | +0.02 |
| MUB iShares National Muni Bond E | Add +1.9% | 0.16% | +0.02 |
| WMT Walmart Inc. | Add +2.8% | 0.12% | +0.01 |
| DIS The Walt Disney Co. | Add +0.1% | 0.73% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +0.4% | 0.11% | −0.01 |
| AMZN Amazon.com Inc. | Add +0.4% | 0.84% | −0.01 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 1.43% | −0.10 |
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 |