Cumberland Advisors’s iShares MSCI Philippines ETF EPHE Stock Holding History

Cumberland Advisors’s Portfolio EPHE Stock Details EPHE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-52,810	Closed	-$2.03M	–	54
2015 Q2	$2.03M	Buy	52,810 +5,190	+11%	+$211K	1.07%	23
2015 Q1	$1.98M	Buy	47,620 +3,020	+7%	+$124K	1.03%	27
2014 Q4	$1.7M	Sell	44,600 -35,020	-44%	-$1.33M	0.99%	29
2014 Q3	$3.03M	Sell	79,620 -4,830	-6%	-$184K	2%	20
2014 Q2	$3.11M	Sell	84,450 -4,690	-5%	-$170K	1.99%	22
2014 Q1	$3.04M	Sell	89,140 -7,200	-7%	-$234K	1.75%	21
2013 Q4	$3.04M	Buy	96,340 +61,500	+177%	+$2.05M	1.7%	22
2013 Q3	$1.15M	Sell	34,840 -65,568	-65%	-$2.25M	0.68%	32
2013 Q2	$3.52M	Buy	+100,408	New	+$3.97M	1.92%	20

Other funds holding EPHE

State of Tennessee, Department of Treasury Nashville, Tennessee $33.7B AUM 43.08% 1-Year Est. Return

NMIFOAC

National Mutual Insurance Federation of Agricultural Cooperatives Tokyo, Japan, Japan $15.3B AUM 24.71% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Exane Derivatives Paris, France $174M AUM 7.84% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $29.3B AUM 38.15% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

ING Group Amsterdam, Netherlands $20.5B AUM 49.71% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

HSBC Holdings London, United Kingdom $239B AUM 42.32% 1-Year Est. Return

NYLIM

New York Life Investment Management New York $14.3B AUM 34.42% 1-Year Est. Return

Cumberland Advisors's EPHE Position: Q3 2015 in Review

Cumberland Advisors sold out of iShares MSCI Philippines ETF (EPHE) in Q3 2015, closing a stake of 52,810 shares — an estimated $2.03M sold.

Cumberland Advisors first reported a position in EPHE in Q2 2013 and held it in 9 quarters. The position peaked at $3.52M in Q2 2013. 70 funds tracked by Wall St. Rank hold EPHE as of Q3 2015.

Cumberland Advisors reported no remaining iShares MSCI Philippines ETF position as of Q3 2015 after selling out during the quarter.
Cumberland Advisors sold 52,810 iShares MSCI Philippines ETF shares in Q3 2015, an estimated $2.03M.
Cumberland Advisors first reported a position in iShares MSCI Philippines ETF in Q2 2013 and held it in 9 quarters.
Cumberland Advisors's iShares MSCI Philippines ETF position peaked at $3.52M in Q2 2013.
70 funds tracked by Wall St. Rank held iShares MSCI Philippines ETF as of Q3 2015.

Based on Cumberland Advisors's 13F filing for Q3 2015, filed 8 Oct 2015.