CUMBERLAND ADVISORS INC
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Feb 2026 to Oct 2026 | $3,217,125,317 | Individuals and high net worth (53%) |
| Feb 2025 to Jan 2026 | $3,348,228,828 | Individuals and high net worth (74%) |
| Apr 2024 to Jan 2025 | $3,420,180,829 | Individuals and high net worth (74%) |
| May 2023 to Mar 2024 | $3,378,840,322 | Individuals and high net worth (75%) |
| Apr 2023 | $3,378,840,322 | Individuals and high net worth (75%) |
| Jan 2023 to Mar 2023 | $3,361,335,657 | Individuals and high net worth (75%) |
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: every 13F filer's combined book, active share 80.2%; sector active share 56.4% against the combined 13F book's sector weights.
Over time 25 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
49 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 68.9% | $193,540,590 |
| Industrials | 9.5% | $26,656,833 |
| Financial Services | 5.5% | $15,464,700 |
| Technology | 4.8% | $13,574,435 |
| Communication Services | 4.3% | $12,173,148 |
| Consumer Cyclical | 3.5% | $9,708,814 |
| Basic Materials | 1.9% | $5,367,661 |
| Energy | 0.9% | $2,406,364 |
| Healthcare | 0.6% | $1,746,154 |
| Consumer Defensive | 0.1% | $292,572 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VUG | VANGUARD GROWTH INDEX FUND | +88,105 | 106,358 | $9,161,678 | |
| PFE | Pfizer Inc | +18,000 | 71,300 | $1,716,904 | |
| BND | VANGUARD TOTAL BOND MARKET INDEX FUND | +4,425 | 31,980 | $2,347,651 | |
| — | +2,160 | 25,260 | $1,156,908 | ||
| BSV | VANGUARD SHORT-TERM BOND INDEX FUND | +1,765 | 14,780 | $1,151,509 | |
| IHI | iShares U.S. Medical Devices ETF | +1,240 | 131,470 | $6,495,932 | |
| KIE | State Street(R) SPDR(R) S&P(R) Insurance ETF | +460 | 123,140 | $7,510,308 | |
| MSFT | Microsoft Corp | +365 | 21,745 | $8,111,319 | |
| XOM | ExxonMobil Holdings Corp | +300 | 2,000 | $273,440 | |
| MELI | Mercadolibre Inc | +267 | 2,180 | $3,700,310 | |
| — | +260 | 64,018 | $12,175,583 | ||
| CVX | Chevron Corp | +250 | 1,440 | $238,694 | |
| BRK-B | Berkshire Hathaway Inc | +235 | 23,716 | $11,867,249 | |
| MUB | iShares National Muni Bond ETF | +120 | 3,240 | $348,688 | |
| XLI | State Street(R) Industrial Select Sector SPDR(R) ETF | +80 | 39,441 | $7,305,656 | |
| INDA | iShares MSCI India ETF | +10 | 16,885 | $833,950 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DIS | Walt Disney Co | −6,750 | 7,850 | $755,562 | |
| SPY | Spdr S&P 500 ETF Trust | −6,560 | 83,393 | $62,275,390 | |
| BAC | Bank Of America Corp | −5,500 | 44,400 | $2,529,912 | |
| FCX | Freeport-Mcmoran Inc | −5,000 | 85,350 | $5,367,661 | |
| WFC | Wells Fargo & Company | −2,500 | 6,300 | $520,632 | |
| MDY | Spdr S&P Midcap 400 ETF Trust | −2,500 | 42,307 | $29,756,205 | |
| XAR | State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF | −1,170 | 72,577 | $20,596,626 | |
| BABA | Alibaba Group Holding Ltd | −1,100 | 7,825 | $751,043 | |
| CAT | Caterpillar Inc | −860 | 8,640 | $9,200,736 | |
| ACWX | iShares MSCI ACWI ex U.S. ETF | −670 | 165,185 | $12,572,230 | |
| EWT | iShares MSCI Taiwan ETF | −550 | 36,920 | $4,009,881 | |
| GOOG | Alphabet Inc. | −300 | 18,600 | $6,571,938 | |
| IJR | iShares Core S&P Small-Cap ETF | −300 | 60,420 | $8,960,890 | |
| URI | United Rentals, Inc. | −300 | 7,610 | $8,621,292 | |
| EWC | iShares Trust | −230 | 50,070 | $0 | |
| CMI | Cummins Inc | −150 | 7,975 | $5,687,849 | |
| EWJ | iShares MSCI Japan ETF | −45 | 29,410 | $2,743,070 | |
| No positions match the current search. | |||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WMT | Walmart Inc. | 3,000 | $372,840 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 83,393 | $62,275,390 | 22.17% | |
| MDY |
Spdr S&P Midcap 400 ETF Trust
|
Reduced | 42,307 | $29,756,205 | 10.59% | |
| XAR |
State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF
|
Reduced | 72,577 | $20,596,626 | 7.33% | |
| ACWX |
iShares MSCI ACWI ex U.S. ETF
|
Reduced | 165,185 | $12,572,230 | 4.48% | |
|
|
Added | 64,018 | $12,175,583 | 4.33% | ||
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 23,716 | $11,867,249 | 4.22% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 8,640 | $9,200,736 | 3.28% | |
| VUG |
VANGUARD GROWTH INDEX FUND
|
Added | 106,358 | $9,161,678 | 3.26% | |
| IJR |
iShares Core S&P Small-Cap ETF
|
Reduced | 60,420 | $8,960,890 | 3.19% | |
| URI |
United Rentals, Inc.
Industrials
|
Reduced | 7,610 | $8,621,292 | 3.07% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 21,745 | $8,111,319 | 2.89% | |
| KIE |
State Street(R) SPDR(R) S&P(R) Insurance ETF
|
Added | 123,140 | $7,510,308 | 2.67% | |
| XLI |
State Street(R) Industrial Select Sector SPDR(R) ETF
|
Added | 39,441 | $7,305,656 | 2.60% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 18,600 | $6,571,938 | 2.34% | |
| IHI |
iShares U.S. Medical Devices ETF
|
Added | 131,470 | $6,495,932 | 2.31% | |
| CMI |
Cummins Inc
Industrials
|
Reduced | 7,975 | $5,687,849 | 2.02% | |
| AAPL |
Apple Inc.
Technology
|
Held | 18,880 | $5,463,116 | 1.94% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Reduced | 85,350 | $5,367,661 | 1.91% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Held | 7,600 | $4,281,004 | 1.52% | |
| EWT |
iShares MSCI Taiwan ETF
|
Reduced | 36,920 | $4,009,881 | 1.43% | |
| MELI |
Mercadolibre Inc
Consumer Cyclical
|
Added | 2,180 | $3,700,310 | 1.32% | |
| FDX |
Fedex Corp
Industrials
|
Held | 10,050 | $3,146,956 | 1.12% | |
| XME |
State Street(R) SPDR(R) S&P(R) Metals & Mining ETF
|
NEW | 28,065 | $3,000,990 | 1.07% | |
| EWJ |
iShares MSCI Japan ETF
|
Reduced | 29,410 | $2,743,070 | 0.98% | |
| M |
Macy's, Inc.
Consumer Cyclical
|
Held | 115,010 | $2,708,485 | 0.96% | |
| BAC |
Bank Of America Corp
Financial Services
|
Reduced | 44,400 | $2,529,912 | 0.90% | |
| BND |
VANGUARD TOTAL BOND MARKET INDEX FUND
|
Added | 31,980 | $2,347,651 | 0.84% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Held | 9,530 | $2,271,380 | 0.81% | |
| OXY |
Occidental Petroleum Corp
Energy
|
Held | 39,000 | $1,894,230 | 0.67% | |
| PFE |
Pfizer Inc
Healthcare
|
Added | 71,300 | $1,716,904 | 0.61% | |
|
|
Added | 25,260 | $1,156,908 | 0.41% | ||
| BSV |
VANGUARD SHORT-TERM BOND INDEX FUND
|
Added | 14,780 | $1,151,509 | 0.41% | |
| INDA |
iShares MSCI India ETF
|
Added | 16,885 | $833,950 | 0.30% | |
| DIS |
Walt Disney Co
Communication Services
|
Reduced | 7,850 | $755,562 | 0.27% | |
| BABA |
Alibaba Group Holding Ltd
Consumer Cyclical
|
Reduced | 7,825 | $751,043 | 0.27% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Held | 1,580 | $564,644 | 0.20% | |
| PST |
ProShares UltraShort 7-10 Year Treasury
|
Held | 24,240 | $551,702 | 0.20% | |
| WFC |
Wells Fargo & Company
Financial Services
|
Reduced | 6,300 | $520,632 | 0.19% | |
| MUB |
iShares National Muni Bond ETF
|
Added | 3,240 | $348,688 | 0.12% | |
| EEMV |
iShares MSCI Emerging Markets Min Vol Factor ETF
|
Held | 4,570 | $344,029 | 0.12% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Held | 1,000 | $327,330 | 0.12% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Held | 3,600 | $292,572 | 0.10% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Held | 660 | $277,596 | 0.10% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 2,000 | $273,440 | 0.10% | |
| VGK |
VANGUARD EUROPEAN STOCK INDEX FUND
|
Held | 2,730 | $241,714 | 0.09% | |
| CVX |
Chevron Corp
Energy
|
Added | 1,440 | $238,694 | 0.08% | |
| V |
Visa Inc.
Financial Services
|
NEW | 640 | $219,577 | 0.08% | |
| OPK |
Opko Health, Inc.
Healthcare
|
Held | 19,500 | $29,250 | 0.01% | |
| EWC |
iShares Trust
|
Reduced | 50,070 | $0 | 0.00% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.