Cumberland Advisors Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Cumberland Advisors Inc. reported 49 stock positions worth $237.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 23.0% of the portfolio, followed by State Street SPDR S&P Midcap (MDY, 10.7%) and SS SPDR S&P Aerospace Def (XAR, 7.2%). Compared with Q1 2025, it opened 2 new positions, sold out of 2, added to 9 and reduced 28. The biggest buy was a new position in SS SPDR S&P Insurance ETF (KIE) and the biggest sale State Street SPDR S&P Midcap (MDY, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- SARASOTA, FL
- CIK
- 0001255435
- Portfolio Value
- $237.7M (Q2 2025)
- SEC Filing
- 0001420506-25-001765 ↗ filed Aug 7, 2025
Holdings Value
Holdings 49 stocks · $237.7M
| SPY SS SPDR S&P 500 ETF Trust-US | 22.96% | 88,318 | $54.6M | Add +1.8% |
| MDY State Street SPDR S&P Midcap | 10.65% | 44,702 | $25.3M | Reduce -7.7% |
| XAR SS SPDR S&P Aerospace Def | 7.16% | 80,694 | $17.0M | Reduce -27.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.64% | 27,576 | $13.4M | Add +0.6% |
| ACWX iShares MSCI Acwi Ex US ETF | 4.34% | 169,465 | $10.3M | Add +13.6% |
| MSFT Microsoft Corp. | 4.17% | 19,925 | $9.9M | Reduce -0.3% |
| IBB iShares Biotechnology ETF | 3.51% | 65,918 | $8.3M | Reduce -10.3% |
| IHI iShares U.S. Medical Devices | 3.45% | 130,965 | $8.2M | Reduce -9.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.89% | 15,658 | $6.9M | Reduce -0.1% |
| IJR iShares Core S&P Small-Cap E | 2.82% | 61,370 | $6.7M | Reduce -9.2% |
| URI United Rentals Inc. | 2.58% | 8,150 | $6.1M | Reduce -2.1% |
| META Meta Platforms Inc. Class A | 2.39% | 7,700 | $5.7M | Reduce -3.3% |
| XLI SS Industrial Select Sector | 2.37% | 38,206 | $5.6M | Add +0.8% |
| MELI MercadoLibre Inc. | 2.12% | 1,930 | $5.0M | No change |
| FCX Freeport-McMoran Inc. | 1.67% | 91,350 | $4.0M | No change |
| AAPL Apple Inc. | 1.66% | 19,228 | $3.9M | Reduce -0.9% |
| KIE SS SPDR S&P Insurance ETF | 1.64% | 65,330 | $3.9M | New |
| CAT Caterpillar Inc. | 1.56% | 9,550 | $3.7M | Reduce -0.0% |
| GOOG Alphabet Inc. Class C | 1.50% | 20,150 | $3.6M | Reduce -0.1% |
| CMI Cummins Inc. | 1.14% | 8,250 | $2.7M | Reduce -3.5% |
| EWC iShares MSCI Canada ETF | 1.04% | 53,650 | $2.5M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.02% | 51,200 | $2.4M | Reduce -0.1% |
| FDX FedEx Corp. | 0.97% | 10,175 | $2.3M | No change |
| EWJ iShares MSCI Japan ETF | 0.97% | 30,780 | $2.3M | Reduce -0.5% |
| EWT iShares MSCI Taiwan ETF | 0.96% | 39,855 | $2.3M | Add +0.4% |
| AMZN Amazon.com Inc. | 0.89% | 9,680 | $2.1M | Reduce -0.4% |
| INDA iShares MSCI India ETF | 0.88% | 37,775 | $2.1M | Add +0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.83% | 15,850 | $2.0M | Reduce -2.5% |
| OXY Occidental Petroleum Corp. | 0.72% | 40,500 | $1.7M | Reduce 0.0% |
| PFE Pfizer Inc. | 0.70% | 68,800 | $1.7M | Reduce -0.0% |
| MAT Mattel Inc. | 0.66% | 80,000 | $1.6M | Reduce -2.2% |
| BND Vanguard Total Bond Market | 0.62% | 20,085 | $1.5M | Add +5.7% |
| M Macy's Inc. | 0.57% | 115,510 | $1.3M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.44% | 9,225 | $1.0M | No change |
| TFI SS SPDR N Ice Muni Bond ETF | 0.41% | 21,625 | $966K | Reduce -9.9% |
| WFC Wells Fargo & Co. | 0.36% | 10,800 | $865K | Reduce -0.2% |
| BSV Vanguard Short-Term Bond ETF | 0.32% | 9,650 | $759K | Add +4.2% |
| PST Proshares Ultrashort 7-10 YR | 0.31% | 33,000 | $745K | No change |
| MUB iShares National Muni Bond E | 0.13% | 2,890 | $302K | Reduce -11.5% |
| WMT Walmart Inc. | 0.13% | 3,069 | $300K | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 0.12% | 1,000 | $290K | Reduce -26.9% |
| GOOGL Alphabet Inc. Class A | 0.12% | 1,580 | $278K | Reduce -0.4% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.11% | 4,270 | $268K | No change |
| KO The Coca-Cola Co. | 0.11% | 3,661 | $259K | Reduce -0.3% |
| V Visa Inc. Class A | 0.10% | 640 | $227K | Reduce -1.5% |
| VGK Vanguard Ftse Europe ETF | 0.09% | 2,880 | $223K | No change |
| CMCSA Comcast Corp. Class A | 0.09% | 6,100 | $218K | No change |
| TSLA Tesla Inc. | 0.09% | 660 | $210K | New |
| OPK Opko Health Inc. | 0.01% | 19,500 | $26K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| MDY State Street SPDR S&P Midcap | Reduce -7.7% | 10.65% | −1.06 |
| XAR SS SPDR S&P Aerospace Def | Reduce -27.4% | 7.16% | −0.94 |
| IBB iShares Biotechnology ETF | Reduce -10.3% | 3.51% | −0.75 |
| IHI iShares U.S. Medical Devices | Reduce -9.0% | 3.45% | −0.47 |
| IJR iShares Core S&P Small-Cap E | Reduce -9.2% | 2.82% | −0.38 |
| AAPL Apple Inc. | Reduce -0.9% | 1.66% | −0.29 |
| OXY Occidental Petroleum Corp. | Reduce 0.0% | 0.72% | −0.19 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.10 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.09 |
| PFE Pfizer Inc. | Reduce -0.0% | 0.70% | −0.09 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -9.9% | 0.41% | −0.08 |
| CMI Cummins Inc. | Reduce -3.5% | 1.14% | −0.08 |
| MAT Mattel Inc. | Reduce -2.2% | 0.66% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -26.9% | 0.12% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -11.5% | 0.13% | −0.03 |
| KO The Coca-Cola Co. | Reduce -0.3% | 0.11% | −0.01 |
| V Visa Inc. Class A | Reduce -1.5% | 0.10% | −0.01 |
| WMT Walmart Inc. | Reduce -0.5% | 0.13% | +0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -0.4% | 0.12% | +0.01 |
| EWJ iShares MSCI Japan ETF | Reduce -0.5% | 0.97% | +0.01 |
| WFC Wells Fargo & Co. | Reduce -0.2% | 0.36% | +0.01 |
| BAC Bank of America Corp. | Reduce -0.1% | 1.02% | +0.05 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 0.89% | +0.06 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 1.50% | +0.07 |
| DIS The Walt Disney Co. | Reduce -2.5% | 0.83% | +0.10 |
| CAT Caterpillar Inc. | Reduce -0.0% | 1.56% | +0.13 |
| URI United Rentals Inc. | Reduce -2.1% | 2.58% | +0.22 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.1% | 2.89% | +0.25 |
| META Meta Platforms Inc. Class A | Reduce -3.3% | 2.39% | +0.31 |
| MSFT Microsoft Corp. | Reduce -0.3% | 4.17% | +0.77 |
Portfolio Buys Q1 2025 → Q2 2025
| KIE SS SPDR S&P Insurance ETF | New | 1.64% | +1.64 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.8% | 22.96% | +0.96 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +13.6% | 4.34% | +0.59 |
| XLI SS Industrial Select Sector | Add +0.8% | 2.37% | +0.12 |
| EWT iShares MSCI Taiwan ETF | Add +0.4% | 0.96% | +0.11 |
| TSLA Tesla Inc. | New | 0.09% | +0.09 |
| EWC iShares MSCI Canada ETF | Add +0.1% | 1.04% | +0.05 |
| INDA iShares MSCI India ETF | Add +0.3% | 0.88% | +0.01 |
| BSV Vanguard Short-Term Bond ETF | Add +4.2% | 0.32% | −0.01 |
| BND Vanguard Total Bond Market | Add +5.7% | 0.62% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.6% | 5.64% | −0.98 |
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 |