UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 13F
FORM 13F COVER PAGE

Report for the Quarter Ended:  June 30, 2012
Check here if Amendment	[ ]; Amendment Number:
This Amendment:		[ ] is a restatement.
			[ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:			Cobble Hill Financial Services, Inc.
Address:		99 West Main Street, Suite 200
			Moorestown, NJ 08057
13F File Number:	028-13555

The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral
parts of this submission.

Person Signing this Report on Behalf of Reporting Manager:
Name:		Althea L. A. Skeels
Title:		President
Phone:		856-231-7770
Signature,		Place,			and Date of Signing
Althea L. A. Skeels	Moorestown, NJ		October 24,2012
Report Type:
[X]  13F HOLDINGS REPORT
[ ]  13F NOTICE
[ ]  13F COMBINATION REPORT

List of Other Managers Reporting for this Manager:  NONE



FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Managers Included:  	0
Form 13F information Table Entry Total:	62
Form 13F Information Table Value Total:	$510,480 (in thousands)

List of Other Included Managers:		NONE


						
FORM 13F INFORMATION TABLE:
NAME OF	TITLE OF		VALUE	SH/PRN	SH/	PUT/	INVESTMENT	OTHER  	VOTING AUTHORITY
ISSUER			CLASS	CUSIP	 (x$1000)	AMT	PRN	CALL	DISCRETION	MGRS	SOLE	SHARED	NONE
APACHE CORP		COM	037411105	211	2400	SH		SOLE
SLCTSEC INTLINDS	ETF	81369Y704	214	6000	SH		SOLE
ISHARES TRANS		ETF	464287192	217	2325	SH		SOLE
ISH IBOXX INVCPBD	ETF	464287242	235	2000	SH		SOLE
SPDR FDS ASIA PAC	ETF	78463X301	276	4000	SH		SOLE
SPDR S&P BIOTECH	ETF	78464A870	288	3250	SH		SOLE
ISH DJ US ENERGY	ETF	464287796	288	7500	SH		SOLE
ISH S&P NA TECH		ETF	464287549	295	4500	SH		SOLE
IBM			COM	459200101	357	1825	SH		SOLE
BCLYS COPR37		ETF	06739F101	490	11000	SH		SOLE
SPDR GOLD TR		ETF	78463V107	590	3800	SH		SOLE
ISH SINGAPORE		ETF	464286673	739	60000	SH		SOLE
MKT VECT TR OIL SVCS	ETF	57060U191	855	24000	SH		SOLE
ISH GOLD TRUST		ETF	464285105	856	55000	SH		SOLE
PWRSHS CMDTYINTL	ETF	73935S105	876	34000	SH		SOLE
ISH ACWI EX		ETF	464288240	930	25000	SH		SOLE
ISH TAIWAN		ETF	464286731	978	80000	SH		SOLE
ISH GERM		ETF	464286806	990	50000	SH		SOLE
APPLE INC		COM	037833100	1110	1900	SH		SOLE
ISHARES BRIC IDX	ETF	464286657	1435	40000	SH		SOLE
SLCT SEC INTL-ENRGY	ETF	81369Y506	1444	21750	SH		SOLE
ISH S&P NA NATRES	ETF	464287374	1629	46000	SH		SOLE
ISH  R2000 VAL		ETF	464287630	1816	25800	SH		SOLE
ISH AUSTRALIA		ETF	464286103	1901	87000	SH		SOLE
ISH R2000		ETF	464287655	2456	30865	SH		SOLE
ISH SP MCP 400		ETF	464287507	2637	28000	SH		SOLE
VG INTL MSCI PAC	ETF	922042866	2657	53000	SH		SOLE
ISHDJ INTL SEL DIV	ETF	464288448	3007	100000	SH		SOLE
ISH TR DJ US BAS MATL	ETF	464287838	3090	47750	SH		SOLE
ISH TR RUSL 2000 GRW	ETF	464287648	3224	35250	SH		SOLE
ISH HONG KONG		ETF	464286871	3279	200000	SH		SOLE
SLCT SEC TECH		ETF	81369Y803	3303	115000	SH		SOLE
CLAY MULTI ASSET	ETF	18383M506	3457	163000	SH		SOLE
ISH COHEN & ST RLTY	ETF	464287564	3562	45275	SH		SOLE
VG INTL ACWIXUS		ETF	922042775	3709	90500	SH		SOLE
SPDR S&P INTL		ETF	78463X772	4318	97000	SH		SOLE
ISH STH AFRCA		ETF	464286780	4710	73700	SH		SOLE
SLCT SEC INTL-UTILS	ETF	81369Y886	5344	144500	SH		SOLE
ISH TR RUSL MCP		ETF	464287499	5479	52000	SH		SOLE
ISH TR RUSL MCP VAL	ETF	464287473	6113	132000	SH		SOLE
ISH CDA IDX		ETF	464286509	7080	274000	SH		SOLE
ISH S&P 500 VAL		ETF	464287408	7785	125000	SH		SOLE
ISH MEX INVT		ETF	464286822	7913	128750	SH		SOLE
ISH BRAZIL		ETF	464286400	8072	156050	SH		SOLE
ISH EAFE IDX		ETF	464287465	10566	211500	SH		SOLE
SPDR S&P 500 TR UNIT	ETF	78462F103	10616	77955	SH		SOLE
ISHS&P 500 GRW		ETF	464287309	12278	167000	SH		SOLE
ISH HGH DIV EQT		ETF	46429B663	12465	210000	SH		SOLE
ISH SEL DIV INX		ETF	464287168	13332	237300	SH		SOLE
VG WHITE HIGH DIV	ETF	921946406	15904	330500	SH		SOLE
ISH RL 1000 VAL		ETF	464287598	17053	250000	SH		SOLE
SPDR S&P DIV		ETF	78464A763	20583	369800	SH		SOLE
ISH DJ US RLT		ETF	464287739	23090	361000	SH		SOLE
ISH S&P MCP 400 GRW	ETF	464287606	24085	227500	SH		SOLE
ISH PAC J IDX		ETF	464286665	25344	622150	SH		SOLE
ISH S&P LTN AM 40	ETF	464287390	25554	616725	SH		SOLE
VG SPEC PORT DIVAPP	ETF	921908844	25599	451500	SH		SOLE
ISH R 1000 GRW		ETF	464287614	25918	410000	SH		SOLE
SPDR DJ REIT		ETF	78464A607	26808	367900	SH		SOLE
ISH RUSL MCP GR		ETF	464287481	30348	512575	SH		SOLE
PWRSHS QQQ 		ETF	73935A104	35377	551500	SH		SOLE
ISH EMERG MKT		ETF	464287234	45348	1158300	SH		SOLE
						510480