Cumberland Advisors Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$9.31M |
| 2 |
State Street Real Estate Select Sector SPDR ETF
XLRE
|
+$9.24M |
| 3 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$9.2M |
| 4 |
iShares MSCI ACWI ex US ETF
ACWX
|
+$5.56M |
| 5 |
VanEck Junior Gold Miners ETF
GDXJ
|
+$3.69M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ProShares UltraPro S&P 500
UPRO
|
+$31.2M |
| 2 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$19.5M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$15.3M |
| 4 |
iShares US Home Construction ETF
ITB
|
+$12.8M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$9.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 4.49% |
| 2 | Industrials | 2.96% |
| 3 | Financials | 2.78% |
| 4 | Consumer Discretionary | 2.09% |
| 5 | Communication Services | 1.29% |
Similar funds
Cumberland Advisors's Q4 2019 Portfolio in Review
As of Q4 2019, Cumberland Advisors held 81 positions worth $290M, down 18% from $354M the previous quarter. Its ten largest holdings account for 58% of the portfolio.
Cumberland Advisors withdrew a net $85.4M in Q4 2019, closing 12 positions and reducing 32 holdings. Its most notable exit was ProShares UltraPro S&P 500, an estimated $31.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 4.5% of assets, up from 3.3% a quarter earlier, followed by Industrials and Financials.
Against the trend, Cumberland Advisors opened a new position in State Street Utilities Select Sector SPDR ETF worth $9.47M.
- Cumberland Advisors's largest Q4 2019 buy was State Street Utilities Select Sector SPDR ETF: 293,200 shares worth $9.47M.
- Cumberland Advisors added most to iShares US Telecommunications ETF in Q4 2019, an estimated $1.33M increase.
- Cumberland Advisors's biggest Q4 2019 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $15.3M.
- Cumberland Advisors fully exited ProShares UltraPro S&P 500 in Q4 2019, selling an estimated $31.2M.
- Cumberland Advisors's ten largest holdings make up 58% of its $290M portfolio in Q4 2019.
- Cumberland Advisors opened 7 new positions and closed 12 in Q4 2019.
- Cumberland Advisors's portfolio value fell 18% quarter-over-quarter to $290M.
Based on Cumberland Advisors's 13F filing for Q4 2019, filed 16 Jan 2020.