Cumberland Advisors

Therese M. Pantalione as of Dec. 31, 2011

Portfolio Holdings for Therese M. Pantalione

Therese M. Pantalione holds 64 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Rydex S&P Equal Weight ETF 13.8 $26M 558k 46.28
iShares Russell 2000 Growth Index (IWO) 7.8 $15M 173k 84.23
Rydex S&P MidCap 400 Pure Growth ETF 4.3 $8.1M 103k 78.48
SPDR KBW Regional Banking (KRE) 3.9 $7.4M 302k 24.41
iShares S&P MidCap 400 Growth (IJK) 3.5 $6.6M 67k 98.73
SPDR S&P Oil & Gas Explore & Prod. 3.0 $5.7M 108k 52.69
Consumer Discretionary SPDR (XLY) 3.0 $5.6M 143k 39.02
Financial Select Sector SPDR (XLF) 2.7 $5.1M 393k 13.00
SPDR S&P China (GXC) 2.6 $4.8M 77k 62.31
iShares MSCI Australia Index Fund (EWA) 2.5 $4.7M 220k 21.44
iShares S&P SmallCap 600 Index (IJR) 2.5 $4.6M 68k 68.30
Market Vectors Indonesia Index 2.4 $4.4M 155k 28.47
iShares MSCI Canada Index (EWC) 2.3 $4.2M 160k 26.60
iShares MSCI United Kingdom Index 2.1 $4.0M 246k 16.16
iShares MSCI EAFE Index Fund (EFA) 2.0 $3.8M 77k 49.53
SPDR S&P Homebuilders (XHB) 2.0 $3.7M 218k 17.10
Industrial SPDR (XLI) 1.9 $3.5M 105k 33.75
iShares MSCI South Korea Index Fund (EWY) 1.8 $3.4M 66k 52.25
PowerShares DB Com Indx Trckng Fund 1.7 $3.1M 116k 26.84
Health Care SPDR (XLV) 1.6 $2.9M 84k 34.69
SPDR S&P MidCap 400 ETF (MDY) 1.5 $2.8M 18k 159.52
Vanguard FTSE All-World ex-US ETF (VEU) 1.5 $2.8M 72k 39.65
Energy Select Sector SPDR (XLE) 1.5 $2.8M 40k 69.12
Vanguard Emerging Markets ETF (VWO) 1.5 $2.7M 72k 38.20
iShares MSCI Netherlands Investable (EWN) 1.4 $2.7M 156k 17.23
iShares MSCI Brazil Index (EWZ) 1.4 $2.6M 45k 57.38
PowerShares DB Precious Metals 1.2 $2.3M 44k 53.87
iShares MSCI Japan Index 1.2 $2.3M 253k 9.11
SPDR S&P Pharmaceuticals (XPH) 1.2 $2.3M 45k 51.32
iShares MSCI Sweden Index (EWD) 1.2 $2.2M 89k 25.14
Spdr S&p 500 Etf (SPY) 1.1 $2.1M 17k 125.51
PowerShares QQQ Trust, Series 1 1.1 $2.1M 37k 55.84
iShares MSCI Chile Inv. Mt. Idx (ECH) 1.0 $1.9M 33k 57.70
iShares Dow Jones US Oil Equip. (IEZ) 1.0 $1.9M 36k 51.92
iShares MSCI All Peru Capped Index Fund (EPU) 1.0 $1.8M 48k 38.36
iShares MSCI Thailand Index Fund (THD) 0.9 $1.8M 30k 60.12
iShares MSCI Singapore Index Fund 0.9 $1.8M 163k 10.83
iShares MSCI Hong Kong Index Fund (EWH) 0.9 $1.6M 106k 15.47
iShares MSCI Malaysia Index Fund 0.9 $1.6M 120k 13.40
PowerShares Emerging Markets Sovere 0.8 $1.5M 56k 27.35
International Business Machines (IBM) 0.8 $1.5M 8.2k 183.93
SPDR Gold Trust (GLD) 0.8 $1.5M 9.7k 152.03
WisdomTree MidCap Dividend Fund (DON) 0.8 $1.4M 27k 52.09
SPDR KBW Insurance (KIE) 0.7 $1.3M 36k 37.22
SPDR DB Int'l Govt Infl Pro Bond (WIP) 0.7 $1.3M 23k 56.75
PowerShares DB US Dollar Index Bullish 0.7 $1.3M 57k 22.47
iShares MSCI Switzerland Index Fund (EWL) 0.6 $1.2M 51k 22.61
WisdomTree International Dvd. Top 100 (AIVI) 0.5 $983k 25k 39.56
Powershares Etf Tr Ii s^p smcp hc po 0.5 $934k 30k 31.54
Vanguard Pacific ETF (VPL) 0.5 $869k 18k 47.60
Vanguard Mega Cap 300 Growth Index ETF (MGK) 0.4 $778k 16k 48.10
iShares MSCI Germany Index Fund (EWG) 0.4 $693k 36k 19.21
SPDR S&P Oil & Gas Equipt & Servs. 0.3 $642k 19k 34.67
Nstar 0.2 $385k 8.2k 47.01
Susquehanna Bancshares 0.2 $321k 38k 8.38
iShares Dow Jones US Consumer Goods (IYK) 0.2 $293k 4.3k 68.57
Duke Energy Corporation 0.1 $287k 13k 21.98
iShares MSCI France Index (EWQ) 0.1 $255k 13k 19.55
At&t (T) 0.1 $225k 7.4k 30.26
Nextera Energy (NEE) 0.1 $225k 3.7k 60.81
Pimco All Assets All Auth-a mutual fund (PAUAX) 0.1 $227k 23k 9.96
iShares MSCI Mexico Inv. Mt. Idx. (EWW) 0.1 $213k 4.0k 53.79
iShares MSCI Taiwan Index 0.1 $215k 18k 11.70
Vanguard Mun Bd Fd Inc Inter T (VWITX) 0.1 $202k 14k 14.05