Portfolio (Quarterly) Guide ↗

CUMBERLAND ADVISORS INC

· CIK 0001255435

13F Portfolio $284M AUM 49 positions Filed Jul 21, 2026 EDGAR ↗ ← All Funds

Q2 2026 Q1 2026 · All 2 New 12 Added 13 Reduced 1 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	—	BERKSHIRE HATHAWAY INC DEL	—	23,716.0	$11.9M	4.18%	+235.0	+1.0%	$500.39	—
2	VUG	VANGUARD INDEX FDS	—	106,358.0	$9.2M	3.23%	+88K	+482.7%	$86.14	+2.2%
3	MSFT	MICROSOFT CORP	Technology	21,745.0	$8.1M	2.86%	+365.0	+1.7%	$373.02	+32.9%
4	IHI	ISHARES TR	—	131,470.0	$6.5M	2.29%	+1K	+0.9%	$49.41	+3.0%
5	MELI	MERCADOLIBRE INC	Consumer Cyclical	2,180.0	$3.7M	1.30%	+267.0	+14.0%	$1697.39	+11.8%
6	BND	VANGUARD BD INDEX FDS	—	31,980.0	$2.3M	0.83%	+4K	+16.1%	$73.41	-3.0%
7	PFE	PFIZER INC	Healthcare	71,300.0	$1.7M	0.60%	+18K	+33.8%	$24.08	+15.1%
8	TFI	SPDR SERIES TRUST	—	25,260.0	$1.2M	0.41%	+2K	+9.3%	$45.80	-4.4%
9	BSV	VANGUARD BD INDEX FDS	—	14,780.0	$1.2M	0.41%	+2K	+13.6%	$77.91	-1.5%
10	MUB	ISHARES TR	—	3,240.0	$349K	0.12%	+120.0	+3.9%	$107.62	-4.1%
11	XOM	EXXON MOBIL CORP	Energy	2,000.0	$273K	0.10%	+300.0	+17.6%	$136.72	+21.4%
12	CVX	CHEVRON CORPORATION	Energy	1,440.0	$239K	0.08%	+250.0	+21.0%	$165.76	+29.1%

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation

Financial Services 59.4%

Industrials 16.6%

Technology 8.4%

Consumer Cyclical 6.0%

Communication Services 3.5%

Basic Materials 3.3%

Energy 1.5%

Healthcare 1.1%

Consumer Defensive 0.2%