CUMBERLAND ADVISORS INC

CIK

1255435

Location

SARASOTA, FL

Portfolio Value

Small $158,474,803

Diversification

Moderately concentrated

Filing Date

Global Rank

#4,710 / 8,603 ▲ 57 · as of Mar 2026

Top Industry

Insurance - Diversified 15.6%

3Y Alpha vs SPY

-1.4%

Period ended 3 months ago

Filed Apr 27, 2026 · 2mo

24 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+69.4%

SPY

+76.0%

Annualised alpha

-1.5%

Max drawdown

−19.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

27 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

36.9%

+0.6 pts

Top 5

70.7%

−0.5 pts

Top 10

86.2%

+0.3 pts

HHI

1,827

Moderately concentrated+58

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	54.4%	$86,135,199	2
Industrials	12.5%	$19,749,146	4
Financial Services	9.3%	$14,679,448	4
Technology	8.0%	$12,705,789	2
Consumer Cyclical	5.5%	$8,738,043	5
Communication Services	3.9%	$6,209,680	3
Basic Materials	3.4%	$5,310,773	1
Energy	1.8%	$2,781,211	2
Healthcare	1.0%	$1,518,894	2
Consumer Defensive	0.4%	$646,620	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	+4,500	53,300	$1,496,664
SPY	Spdr S&P 500 ETF Trust	+2,010	89,953	$58,500,034
MDY	Spdr S&P Midcap 400 ETF Trust	+860	44,807	$27,635,165
MSFT	Microsoft Corp	+180	21,380	$7,914,234
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
BRK-B	Berkshire Hathaway Inc	−5,218	23,481	$11,252,095
DIS	Walt Disney Co	−1,000	14,600	$1,407,148
KO	Coca Cola Co	−61	3,600	$273,780
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
CVX	Chevron Corp	1,190	$246,211
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
MAT	Mattel Inc /De/	43,000	$853,120
V	Visa Inc.	640	$224,454
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

27 positions · $158,474,803 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	89,953	+2,010	$58,500,034	−2.5%	36.91%
MDY	Spdr S&P Midcap 400 ETF Trust	Added	44,807	+860	$27,635,165	+4.2%	17.44%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	23,481	-5,218	$11,252,095	−22.0%	7.10%
MSFT	Microsoft Corp Technology	Added	21,380	+180	$7,914,234	−22.8%	4.99%
CAT	Caterpillar Inc Industrials	Held	9,500	0	$6,730,370	+23.7%	4.25%
URI	United Rentals, Inc. Industrials	Held	7,910	0	$5,762,909	−10.0%	3.64%
FCX	Freeport-Mcmoran Inc Basic Materials	Held	90,350	0	$5,310,773	+15.7%	3.35%
AAPL	Apple Inc. Technology	Held	18,880	0	$4,791,555	−6.6%	3.02%
CMI	Cummins Inc Industrials	Held	8,125	0	$4,371,412	+5.4%	2.76%
META	Meta Platforms, Inc. Communication Services	Held	7,600	0	$4,348,188	−13.3%	2.74%
MELI	Mercadolibre Inc Consumer Cyclical	Held	1,913	0	$3,307,615	−14.2%	2.09%
FDX	Fedex Corp Industrials	Held	10,050	0	$2,884,455	+23.3%	1.82%
OXY	Occidental Petroleum Corp /De/ Energy	Held	39,000	0	$2,535,000	+58.1%	1.60%
BAC	Bank Of America Corp /De/ Financial Services	Held	49,900	0	$2,432,625	−11.4%	1.54%
M	Macy's, Inc. Consumer Cyclical	Held	115,010	0	$2,080,530	−18.0%	1.31%
AMZN	Amazon Com Inc Consumer Cyclical	Held	9,530	0	$1,984,813	−9.8%	1.25%
PFE	Pfizer Inc Healthcare	Added	53,300	+4,500	$1,496,664	+23.2%	0.94%
DIS	Walt Disney Co Communication Services	Reduced	14,600	-1,000	$1,407,148	−20.7%	0.89%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Held	8,925	0	$1,119,730	−14.4%	0.71%
WFC	Wells Fargo & Company/Mn Financial Services	Held	8,800	0	$700,568	−14.6%	0.44%
GOOGL	Alphabet Inc. Communication Services	Held	1,580	0	$454,344	−8.1%	0.29%
WMT	Walmart Inc. Consumer Defensive	Held	3,000	0	$372,840	+11.6%	0.24%
JPM	Jpmorgan Chase & Co Financial Services	Held	1,000	0	$294,160	−8.7%	0.19%
KO	Coca Cola Co Consumer Defensive	Reduced	3,600	-61	$273,780	+7.0%	0.17%
CVX	Chevron Corp Energy	NEW	1,190	NEW	$246,211	NEW	0.16%
TSLA	Tesla, Inc. Consumer Cyclical	Held	660	0	$245,355	−17.3%	0.15%
OPK	Opko Health, Inc. Healthcare	Held	19,500	0	$22,230	−9.5%	0.01%