# EDGAR Filing Document

**Accession Number:** 0001529390
**File Stem:** 0000894189-25-010479
**Filing Date:** 2025-9
**Character Count:** 48164
**Document Hash:** 49f1019a3fb9734015a854712d220821
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-010479.hdr.sgml**: 20250930

**ACCESSION NUMBER**: 0000894189-25-010479

**CONFORMED SUBMISSION TYPE**: NT NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250930

**DATE AS OF CHANGE**: 20250930

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cambria ETF Trust
- **CENTRAL INDEX KEY:** 0001529390

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NT NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22704
- **FILM NUMBER:** 251360907

**BUSINESS ADDRESS:**
- **STREET 1:** 3300 HIGHLAND AVE
- **CITY:** MANHATTAN BEACH
- **STATE:** CA
- **ZIP:** 90266
- **BUSINESS PHONE:** 310-606-5555

**MAIL ADDRESS:**
- **STREET 1:** 3300 HIGHLAND AVE
- **CITY:** MANHATTAN BEACH
- **STATE:** CA
- **ZIP:** 90266

## Series and Classes Contracts Data

### Cambria Shareholder Yield ETF (Series ID: S000037634)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000116082 | Cambria Shareholder Yield ETF | SYLD            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Cambria Shareholder Yield ETF** | **Cambria Shareholder Yield ETF** | **Cambria Shareholder Yield ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 99.4%** | **Shares** | **Value**  |
| **Communication Services - 7.0%** | **Communication Services - 7.0%** | |
| Comcast Corp. - Class A | 232699 | $7732588 |
| Fox Corp. - Class A | 294418 | 16416748 |
| Interpublic Group of Cos., Inc. | 313820 | 7719972 |
| TEGNA, Inc. | 481982 | 8049099 |
| Verizon Communications, Inc. | 230977 | 9876576 |
| Yelp, Inc. <sup>(a)</sup> | 254037 | 8746494 |
| Ziff Davis, Inc. <sup>(a)</sup> | 175625 | 5465450 |
|  |  | 64006927 |
| **Consumer Discretionary - 22.2%** | **Consumer Discretionary - 22.2%** |  |
| Academy Sports & Outdoors, Inc. | 184336 | 9362425 |
| ADT, Inc. | 1098984 | 9176516 |
| Adtalem Global Education, Inc. <sup>(a)</sup> | 186527 | 21314440 |
| AutoNation, Inc. <sup>(a)</sup> | 65335 | 12586134 |
| BorgWarner, Inc. | 298911 | 10999925 |
| Brunswick Corp. | 118615 | 6914068 |
| Carter's, Inc. | 116303 | 2819185 |
| Columbia Sportswear Co. <sup>(b)</sup> | 110714 | 6263091 |
| Dillard's, Inc. - Class A | 20662 | 9647708 |
| Ethan Allen Interiors, Inc. | 295784 | 8805490 |
| H&R Block, Inc. | 181727 | 9875045 |
| Haverty Furniture Cos., Inc. | 339106 | 6995757 |
| KB Home | 147967 | 8176656 |
| Kohl's Corp. <sup>(b)</sup> | 388785 | 4214429 |
| Lennar Corp. - Class A | 62369 | 6996554 |
| LKQ Corp. | 229238 | 6755644 |
| ODP Corp. <sup>(a)</sup> | 423815 | 7560860 |
| PulteGroup, Inc. | 87855 | 9920587 |
| PVH Corp. | 99883 | 7333410 |
| Taylor Morrison Home Corp. <sup>(a)</sup> | 148556 | 8806400 |
| Toll Brothers, Inc. | 81739 | 9674628 |
| Travel + Leisure Co. | 200124 | 11857347 |
| Whirlpool Corp. <sup>(b)</sup> | 89040 | 7393882 |
|  |  | 203450181 |
| **Consumer Staples - 5.9%** | **Consumer Staples - 5.9%** |  |
| Cal-Maine Foods, Inc. | 102422 | 11383181 |
| Ingredion, Inc. | 75951 | 9990594 |
| Kraft Heinz Co. | 276591 | 7595189 |
| Molson Coors Beverage Co. - Class B | 173404 | 8448243 |
| Spectrum Brands Holdings, Inc. | 173582 | 9288373 |
| TreeHouse Foods, Inc. <sup>(a)</sup> | 378118 | 7267428 |
|  |  | 53973008 |
| **Energy - 10.6%** | **Energy - 10.6%** |  |
| Chevron Corp. | 66312 | 10055552 |
| EOG Resources, Inc. | 78855 | 9464177 |
| Exxon Mobil Corp. | 83417 | 9312674 |
| Marathon Petroleum Corp. | 53964 | 9184133 |
| Murphy Oil Corp. | 264096 | 6552222 |
| PBF Energy, Inc. - Class A | 207805 | 4696393 |
| Peabody Energy Corp. | 699733 | 11300688 |
| Phillips 66 | 66910 | 8268738 |
| Plains GP Holdings LP | 558766 | 10951814 |
| Valero Energy Corp. | 62278 | 8551392 |
| World Kinect Corp. | 334357 | 9117915 |
|  |  | 97455698 |
| **Financials - 18.5%** | **Financials - 18.5%** |  |
| Affiliated Managers Group, Inc. | 56038 | 11760695 |
| Aflac, Inc. | 116041 | 11529834 |
| American Financial Group, Inc. | 74905 | 9355634 |
| Ameriprise Financial, Inc. | 22350 | 11581547 |
| Assured Guaranty Ltd. | 119672 | 10121858 |
| Bread Financial Holdings, Inc. | 161586 | 9905222 |
| Federated Hermes, Inc. | 267185 | 13244360 |
| Jefferies Financial Group, Inc. | 119184 | 6872149 |
| Lincoln National Corp. | 306385 | 11676332 |
| MetLife, Inc. | 134368 | 10205250 |
| PayPal Holdings, Inc. <sup>(a)</sup> | 149153 | 10255760 |
| Principal Financial Group, Inc. | 115735 | 9007655 |
| PROG Holdings, Inc. | 298576 | 9506660 |
| SLM Corp. | 437550 | 13914090 |
| Synchrony Financial | 217788 | 15173290 |
| Western Union Co. | 698641 | 5624060 |
|  |  | 169734396 |
| **Health Care - 6.4%** | **Health Care - 6.4%** |  |
| Centene Corp. <sup>(a)</sup> | 168925 | 4403875 |
| Cigna Group | 29651 | 7928085 |
| Pfizer, Inc. | 356459 | 8301930 |
| Premier, Inc. - Class A | 413692 | 8886104 |
| Tenet Healthcare Corp. <sup>(a)</sup> | 74622 | 12035036 |
| Universal Health Services, Inc. - Class B | 55371 | 9216503 |
| Viatris, Inc. | 841023 | 7350541 |
|  |  | 58122074 |
| **Industrials - 13.4%** | **Industrials - 13.4%** |  |
| Atkore, Inc. | 96515 | 7433585 |
| Boise Cascade Co. | 73066 | 6123661 |
| Builders FirstSource, Inc. <sup>(a)</sup> | 55932 | 7110635 |
| ManpowerGroup, Inc. | 228966 | 9444847 |
| Matson, Inc. | 82819 | 8843413 |
| MillerKnoll, Inc. | 378269 | 7179546 |
| REV Group, Inc. | 295564 | 14645196 |
| Ryder System, Inc. | 80324 | 14274378 |
| SkyWest, Inc. <sup>(a)</sup> | 119081 | 13808633 |
| Textron, Inc. | 102261 | 7952838 |
| Timken Co. | 117141 | 8913259 |
| Wabash National Corp. | 575304 | 5730028 |
| WESCO International, Inc. | 52428 | 10850499 |
|  |  | 122310518 |
| **Information Technology - 2.8%** | **Information Technology - 2.8%** |  |
| Avnet, Inc. | 185065 | 9797341 |
| TD SYNNEX Corp. | 92803 | 13399825 |
| Xerox Holdings Corp. | 618340 | 2504277 |
|  |  | 25701443 |
| **Materials - 10.9%** | **Materials - 10.9%** |  |
| Cabot Corp. | 107976 | 7793708 |
| CF Industries Holdings, Inc. | 136053 | 12629800 |
| Dow, Inc. | 187856 | 4375166 |
| Eastman Chemical Co. | 103293 | 7500105 |
| Greif, Inc. - Class A | 148969 | 9449104 |
| Huntsman Corp. | 403095 | 3910022 |
| LyondellBasell Industries NV - Class A | 156925 | 9090665 |
| Nucor Corp. | 55506 | 7941243 |
| Olin Corp. | 254249 | 4815476 |
| Reliance, Inc. | 35566 | 10318764 |
| Ryerson Holding Corp. | 304548 | 6273689 |
| Steel Dynamics, Inc. | 72218 | 9212128 |
| Sylvamo Corp. | 136321 | 6280308 |
|  |  | 99590178 |
| **Utilities - 1.7%** | **Utilities - 1.7%** |  |
| UGI Corp. | 436435 | 15790218 |
| **TOTAL COMMON STOCKS** (Cost $992,005,648) | **TOTAL COMMON STOCKS** (Cost $992,005,648) | 910134641 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 1.3%** |  |  |
| First American Government Obligations Fund - Class X, 4.23%<sup>(c)</sup> | 11858142 | 11858142 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $11,858,142) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $11,858,142) | 11858142 |
| **MONEY MARKET FUNDS - 0.6%** |  |  |
| First American Treasury Obligations Fund - Class X, 4.24%<sup>(c)</sup> | 5368984 | 5368984 |
| **TOTAL MONEY MARKET FUNDS** (Cost $5,368,984) | **TOTAL MONEY MARKET FUNDS** (Cost $5,368,984) | 5368984 |
| **TOTAL INVESTMENTS - 101.3% (**Cost $1,009,232,774**)** | **TOTAL INVESTMENTS - 101.3% (**Cost $1,009,232,774**)** | 927361767 |
| Liabilities in Excess of Other Assets - (1.3)% | Liabilities in Excess of Other Assets - (1.3)% | (11546144) |
| **TOTAL NET ASSETS - 100.0%** |  | $915815623 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

(a) Non-income producing security.

(b) All or a portion of this security is on loan as of July 31, 2025. The fair value of these securities was $11,298,980.

(c) The rate shown represents the 7-day annualized effective yield as of July 31, 2025.

------

#### Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)
Cambria Shareholder Yield ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of July 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $910134641 | $– | $– | $910134641 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending | 11858142 | – | – | 11858142 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 5368984 | – | – | 5368984 |
| Total Investments | $927361767 | $– | $– | $927361767 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

---

| |
|:---|
| **Sector Classification as of July 31, 2025** |
| (% of Total Investments) |

---

---

| | | |
|:---|:---|:---|
| Consumer Discretionary | $203450181 | 22.4% |
| Financials | 169734396 | 18.7 |
| Industrials | 122310518 | 13.5 |
| Materials | 99590178 | 10.9 |
| Energy | 97455698 | 10.7 |
| Communication Services | 64006927 | 7.0 |
| Health Care | 58122074 | 6.4 |
| Consumer Staples | 53973008 | 5.9 |
| Information Technology | 25701443 | 2.8 |
| Utilities | 15790218 | 1.7 |
| **Total Investments** | $**910134641** | 100.0<br> **%** |

---

Percentages are stated as a percent of total investments, excluding short-term investments.

(a) To the extent that the Fund invests a significant portion of its assets in securities of companies of a single sector, it is more likely to be impacted by events or conditions affecting the sector.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Cambria ETF Trust

- **b. Investment Company Act file number:** 811-22704

- **c. CIK number of Registrant:** 0001529390

- **d. LEI of Registrant:** 254900RHN8DQYNXKZQ96

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 3300 HIGHLAND AVENUE

  - **City:** MANHATTAN BEACH

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90266

  - **Telephone number:** 310-606-5555

**Item A.2. Information about the Series.**

- **a. Name of Series:** Cambria Shareholder Yield ETF

- **b. EDGAR series identifier (if any):** S000037634

- **c. LEI of Series:** 5493005B0UWLFHOC1V22

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $931411387.49

**Total Liabilities:** $12337336.32

**Net Assets:** $919074051.17

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000116082 | 4.42%                | 3.67%                | 0.12%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-259571.05              | $38600695.94                               |
| Month 2  | $1335276.68              | $31127069.40                               |
| Month 3  | $2605603.27              | $-1742926.54                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ziff Davis Inc                 | Ziff Davis Inc                             | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |    176250 | NS      | $5484900.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Xerox Holdings Corp            | Xerox Holdings Corp                        | CUSIP: 98421M106<br>LEI: 5493000Y33XDVO2CXC18 | Long             | EC               | CORP              | US        |    620540 | NS      | $2513187.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                       | Yelp Inc                                   | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |    254941 | NS      | $8777618.63   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp        | Marathon Petroleum Corp                    | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     54156 | NS      | $9216809.64   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                     | Matson Inc                                 | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     83113 | NS      | $8874806.14   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                    | MetLife Inc                                | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    134846 | NS      | $10241553.70  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc                | MillerKnoll Inc                            | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |    379615 | NS      | $7205092.70   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co       | Molson Coors Beverage Co                   | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |    174021 | NS      | $8478303.12   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                | Murphy Oil Corp                            | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |    265035 | NS      | $6575518.35   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                     | Nucor Corp                                 | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     55703 | NS      | $7969428.21   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp                      | Olin Corp                                  | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    255153 | NS      | $4832597.82   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy Inc                 | PBF Energy Inc                             | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |    208544 | NS      | $4713094.40   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp                       | PVH Corp                                   | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |    100238 | NS      | $7359473.96   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc            | PayPal Holdings Inc                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    149683 | NS      | $10292203.08  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp            | Peabody Energy Corp                        | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |    702223 | NS      | $11340901.45  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    357727 | NS      | $8331461.83   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                    | Phillips 66                                | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     67148 | NS      | $8298149.84   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains GP Holdings LP          | Plains GP Holdings LP                      | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             | EC               | CORP              | US        |    560754 | NS      | $10990778.40  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                    | Premier Inc                                | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    415164 | NS      | $8917722.72   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc  | Principal Financial Group Inc              | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |    116146 | NS      | $9039643.18   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG Holdings Inc              | PROG Holdings Inc                          | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |    299638 | NS      | $9540473.92   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                 | PulteGroup Inc                             | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88167 | NS      | $9955817.64   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| REV Group Inc                  | REV Group Inc                              | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |    296615 | NS      | $14697273.25  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                   | Reliance Inc                               | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     35692 | NS      | $10355319.96  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ODP Corp/The                   | ODP Corp/The                               | CUSIP: 88337F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    425323 | NS      | $7587762.32   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co/The           | Western Union Co/The                       | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |    701127 | NS      | $5644072.35   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp                 | Whirlpool Corp                             | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |     89356 | NS      | $7420122.24   | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| World Kinect Corp              | World Kinect Corp                          | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    335546 | NS      | $9150339.42   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/O | American Financial Group Inc/OH            | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |     75171 | NS      | $9388857.90   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc       | Ameriprise Financial Inc                   | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     22429 | NS      | $11622483.51  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                     | Atkore Inc                                 | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |     96858 | NS      | $7460003.16   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Haverty Furniture Cos Inc      | Haverty Furniture Cos Inc                  | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               | CORP              | US        |    340312 | NS      | $7020636.56   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp                  | Huntsman Corp                              | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |    404529 | NS      | $3923931.30   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc                  | Ingredion Inc                              | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     76221 | NS      | $10026110.34  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/T | Interpublic Group of Cos Inc/The           | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |    314936 | NS      | $7747425.60   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc  | Jefferies Financial Group Inc              | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |    119608 | NS      | $6896597.28   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                        | KB Home                                    | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |    148493 | NS      | $8205723.18   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp                    | Kohl's Corp                                | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |    390168 | NS      | $4229421.12   | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Kraft Heinz Co/The             | Kraft Heinz Co/The                         | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    277575 | NS      | $7622209.50   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                       | LKQ Corp                                   | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |    230053 | NS      | $6779661.91   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                    | Lennar Corp                                | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     62590 | NS      | $7021346.20   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp          | Lincoln National Corp                      | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |    307475 | NS      | $11717872.25  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc              | ManpowerGroup Inc                          | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |    229780 | NS      | $9478425.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd           | Assured Guaranty Ltd                       | CUSIP: N/A<br>LEI: 549300BBOQUJEPH87M14       | Long             | EC               | CORP              | BM        |    120097 | NS      | $10157804.26  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV   | LyondellBasell Industries NV               | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | US        |    157483 | NS      | $9122990.19   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc   | Bread Financial Holdings Inc               | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |    162161 | NS      | $9940469.30   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                 | AutoNation Inc                             | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65567 | NS      | $12630826.88  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet Inc                      | Avnet Inc                                  | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |    185723 | NS      | $9832175.62   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co               | Boise Cascade Co                           | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     73326 | NS      | $6145452.06   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                 | BorgWarner Inc                             | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |    299974 | NS      | $11039043.20  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp/DE              | Brunswick Corp/DE                          | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |    119037 | NS      | $6938666.73   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc       | Builders FirstSource Inc                   | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     56131 | NS      | $7135934.03   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc     | CF Industries Holdings Inc                 | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |    136537 | NS      | $12674729.71  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                | Cigna Group/The                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     29756 | NS      | $7956159.28   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Cabot Corp                     | Cabot Corp                                 | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |    108360 | NS      | $7821424.80   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods Inc            | Cal-Maine Foods Inc                        | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |    102786 | NS      | $11423636.04  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                   | Carter's Inc                               | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |    116716 | NS      | $2829195.84   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                   | Centene Corp                               | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |    169526 | NS      | $4419542.82   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66547 | NS      | $10091187.08  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Sportswear Co         | Columbia Sportswear Co                     | CUSIP: 198516106<br>LEI: 549300OTMCIEUXAH5Z60 | Long             | EC               | CORP              | US        |    111108 | NS      | $6285379.56   | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| Comcast Corp                   | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    233527 | NS      | $7760102.21   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Dillard's Inc                  | Dillard's Inc                              | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |     20735 | NS      | $9681793.55   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                        | Dow Inc                                    | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |    188524 | NS      | $4390723.96   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc              | EOG Resources Inc                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     79135 | NS      | $9497782.70   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co            | Eastman Chemical Co                        | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |    103660 | NS      | $7526752.60   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc      | Ethan Allen Interiors Inc                  | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    296836 | NS      | $8836807.72   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     83713 | NS      | $9345719.32   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Inc           | Federated Hermes Inc                       | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               | CORP              | US        |    268135 | NS      | $13291451.95  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ADT Inc                        | ADT Inc                                    | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1102894 | NS      | $9209164.90   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc                      | Aflac Inc                                  | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |    116453 | NS      | $11570770.08  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports & Outdoors Inc  | Academy Sports & Outdoors Inc              | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    184991 | NS      | $9395692.89   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education Inc   | Adtalem Global Education Inc               | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |    187190 | NS      | $21390201.30  | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group Inc  | Affiliated Managers Group Inc              | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |     56237 | NS      | $11802459.19  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block Inc                  | H&R Block Inc                              | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |    182373 | NS      | $9910148.82   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund   | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   5368983 | NS      | $5368983.33   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  11858142 | NS      | $11858142.25  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                       | Fox Corp                                   | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    295465 | NS      | $16475128.40  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Greif Inc                      | Greif Inc                                  | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |    149499 | NS      | $9482721.57   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc               | Ryder System Inc                           | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |     80609 | NS      | $14325025.39  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryerson Holding Corp           | Ryerson Holding Corp                       | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |    305631 | NS      | $6295998.60   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp                       | SLM Corp                                   | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    439107 | NS      | $13963602.60  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                    | SkyWest Inc                                | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |    119504 | NS      | $13857683.84  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc   | Spectrum Brands Holdings Inc               | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |    174199 | NS      | $9321388.49   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc             | Steel Dynamics Inc                         | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     72475 | NS      | $9244911.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sylvamo Corp                   | Sylvamo Corp                               | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |    136806 | NS      | $6302652.42   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                 | TD SYNNEX Corp                             | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     93133 | NS      | $13447473.87  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial            | Synchrony Financial                        | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |    218563 | NS      | $15227284.21  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp      | Taylor Morrison Home Corp                  | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |    149084 | NS      | $8837699.52   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                      | TEGNA Inc                                  | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    483697 | NS      | $8077739.90   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp          | Tenet Healthcare Corp                      | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     74887 | NS      | $12077775.36  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc                    | Textron Inc                                | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    102624 | NS      | $7981068.48   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                  | Timken Co/The                              | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |    117557 | NS      | $8944912.13   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Inc              | Toll Brothers Inc                          | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     82029 | NS      | $9708952.44   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel + Leisure Co            | Travel + Leisure Co                        | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |    200836 | NS      | $11899533.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TreeHouse Foods Inc            | TreeHouse Foods Inc                        | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |    379463 | NS      | $7293278.86   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                       | UGI Corp                                   | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |    437988 | NS      | $15846405.84  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc  | Universal Health Services Inc              | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |     55568 | NS      | $9249293.60   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp             | Valero Energy Corp                         | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     62499 | NS      | $8581737.69   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    231798 | NS      | $9911682.48   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                    | Viatris Inc                                | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    844015 | NS      | $7376691.10   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corp           | Wabash National Corp                       | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |    577351 | NS      | $5750415.96   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International Inc        | WESCO International Inc                    | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     52614 | NS      | $10888993.44  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Cambria ETF Trust

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer