Cumberland Advisors Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ProShares UltraPro S&P 500
UPRO
|
+$30.9M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$15.4M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$9.76M |
| 4 |
iShares US Telecommunications ETF
IYZ
|
+$7.52M |
| 5 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$7.25M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VanEck Gold Miners ETF
GDX
|
+$13.6M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$9.3M |
| 3 |
iShares MSCI All Country Asia ex Japan ETF
AAXJ
|
+$5.49M |
| 4 |
Target
TGT
|
+$1.66M |
| 5 |
United Airlines
UAL
|
+$1.01M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.3% |
| 2 | Financials | 2.12% |
| 3 | Industrials | 1.5% |
| 4 | Consumer Discretionary | 1.46% |
| 5 | Energy | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
76
iShares Core MSCI Emerging Markets ETF
IEMG
$150B
| – | – |
-180,720
| Closed | -$9.3M |
|
77
Pfizer
PFE
$141B
| – | – |
-5,534
| Closed | -$227K |
|
|
78
Target
TGT
$63.7B
| – | – |
-19,210
| Closed | -$1.66M |
|
|
79
United Airlines
UAL
$39.1B
| – | – |
-11,500
| Closed | -$1.01M |
|
Similar funds
Cumberland Advisors's Q3 2019 Portfolio in Review
As of Q3 2019, Cumberland Advisors held 80 positions worth $354M, up 19% from $296M the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Cumberland Advisors deployed $64.3M of net new capital in Q3 2019, opening 5 new positions and adding to 19 existing holdings. Its largest new stake was ProShares UltraPro S&P 500: 1,130,140 shares worth $31.2M.
By sector, the portfolio is most concentrated in Technology at 3.3% of assets, down from 3.4% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was State Street SPDR S&P Aerospace & Defense ETF, an estimated $771K trimmed.
- Cumberland Advisors's largest Q3 2019 buy was ProShares UltraPro S&P 500: 1,130,140 shares worth $31.2M.
- Cumberland Advisors added most to State Street SPDR S&P 500 ETF Trust in Q3 2019, an estimated $15.4M increase.
- Cumberland Advisors's biggest Q3 2019 reduction was State Street SPDR S&P Aerospace & Defense ETF, cutting an estimated $771K.
- Cumberland Advisors fully exited VanEck Gold Miners ETF in Q3 2019, selling an estimated $13.6M.
- Cumberland Advisors's ten largest holdings make up 59% of its $354M portfolio in Q3 2019.
- Cumberland Advisors opened 5 new positions and closed 6 in Q3 2019.
- Cumberland Advisors's portfolio value rose 19% quarter-over-quarter to $354M.
Based on Cumberland Advisors's 13F filing for Q3 2019, filed 11 Oct 2019.