Cambria Global Real Estate ETF (BLDG) NPORT-P Cambria Global Value ETF (Jan 2024 report)

Sector Weightings
Cambria Global Value ETF
Financials	35.0	%
Utilities	16.7	%
Energy	10.1	%
Materials	9.6	%
Industrials	8.9	%
Real Estate	6.9	%
Consumer Staples	5.2	%
Consumer Discretionary	3.4	%
Information Technology	1.5	%
Communication Services	1.4	%
Health Care	1.3	%
	100.00	%

Cambria Global Value ETF

Schedule of Investments

January 31, 2024 (Unaudited)

	Shares		Value
Common Stocks - 93.9% Austria - 10.2%
ANDRITZ AG	15,042	$	929,020
AT&S Austria Technologie & Systemtechnik AG	33,899		822,810
BAWAG Group AG (a)	20,710		1,070,717
Erste Group Bank AG(b)	20,496		888,445
Erste Group Bank AG	28,558		1,236,043
EVN AG	43,927		1,217,649
OMV AG	22,018		982,961
Raiffeisen Bank International AG	64,964		1,356,386
Verbund AG	11,554		944,593
Voestalpine AG	30,411		907,075
Wienerberger AG	34,335		1,168,087
			11,523,786
Brazil - 6.4%
Atacadao SA	414,200		875,318
Banco Santander Brasil SA	152,600		881,522
Centrais Eletricas Brasileiras SA	130,800		1,079,264
Cia Siderurgica Nacional SA	327,000		1,168,895
JBS S/A	261,600		1,240,308
Telefonica Brasil SA	98,100		1,015,770
Vale SA	65,400		897,494
			7,158,571
Chile - 8.6%
Banco Santander Chile	19,921,276		921,289
CAP SA	82,513		596,085
Cencosud SA	616,068		1,072,123
Cia Sud Americana de Vapores SA	8,662,775		624,227
Colbun SA	9,816,976		1,393,255
Empresas CMPC SA	661,630		1,078,048
Empresas Copec SA	137,122		871,738
Enel Americas SA	9,330,836		945,628
Falabella SA(b)	364,496		866,315
Quinenco SA	356,866		1,212,838
			9,581,546
Czech Republic - 7.8%
CEZ AS	42,510		1,610,503
Komercni Banka AS	75,428		2,478,457
Moneta Money Bank AS (a)	670,241		2,887,806
Philip Morris CR AS	2,507		1,745,727
			8,722,493
Greece - 0.0%(c)
FF Group(c)(d)	25,407		0
Hong Kong - 6.0%
BOC Hong Kong Holdings Ltd.	327,000		782,998
China Overseas Land & Investment Ltd.	381,500		573,864
China Resources Land Ltd.	218,000		658,075
CK Asset Holdings Ltd.	163,500		737,198
CK Hutchison Holdings Ltd.	163,500		844,902
Geely Automobile Holdings Ltd.	763,000		720,258
Orient Overseas International Ltd.	54,500		811,440
Sino Land Co. Ltd.	872,000		910,151
Swire Properties Ltd.	392,400		731,802
			6,770,688
Italy - 10.5%
A2A SpA	596,121		1,185,697
Assicurazioni Generali SpA	49,050		1,096,738
Banco BPM SpA	228,028		1,234,609
Enel SpA	161,102		1,103,982
Eni SpA	68,016		1,088,897
Intesa Sanpaolo SpA	374,524		1,158,789
Leonardo SpA	81,859		1,433,570
Pirelli & C SpA (a)	195,655		1,065,252
UniCredit SpA	47,306		1,388,511
UnipolSai Assicurazioni SpA	383,898		1,017,278
			11,773,323
Malaysia - 7.8%
CIMB Group Holdings Bhd	839,300		1,105,463
Hartalega Holdings Bhd(b)	1,853,000		1,073,408
Hong Leong Bank Bhd	207,100		840,660
Malayan Banking Bhd	479,600		938,921
Petronas Chemicals Group Bhd	545,000		780,053
Public Bank Bhd	926,500		859,902
RHB Bank Bhd	708,500		838,816
Sime Darby Bhd	1,820,300		935,165
Sime Darby Plantation Bhd	806,600		753,736
Top Glove Corp. Bhd(b)	3,706,000		728,664
			8,854,788
Poland - 10.3%
Alior Bank SA(b)	127,094		2,394,508
Jastrzebska Spolka Weglowa SA(b)	63,002		681,919
KGHM Polska Miedz SA	31,501		884,654
Lubelski Wegiel Bogdanka SA	82,404		709,998
ORLEN SA	196,257		3,071,184
PGE Polska Grupa Energetyczna SA(b)	453,658		959,852
Powszechny Zaklad Ubezpieczen SA	146,714		1,771,933
Tauron Polska Energia SA(b)	1,289,470		1,181,863
			11,655,911
Russia - 0.0%(c)
Alrosa PJSC(d)	1,262,976		0
Gazprom Neft PJSC(d)	334,880		0
Gazprom PJSC(b)(d)	373,048		0
Rosneft Oil Co. PJSC(d)	198,016		0
Sberbank of Russia PJSC(d)	287,609		0
Severstal PAO(b)(d)	82,992		0
Unipro PJSC(b)(d)	22,421,984		0
			0
Singapore - 8.8%
CapitaLand Ascott Trust - REIT	18,006		12,885
CapitaLand Investment Ltd./Singapore	327,000		721,521
CDL Hospitality Trusts	19,450		14,934
City Developments Ltd.	174,400		794,323
Genting Singapore Ltd.	1,438,800		1,083,256
Jardine Cycle & Carriage Ltd.	43,600		845,349
Oversea-Chinese Banking Corp. Ltd.	109,000		1,047,343
Sembcorp Industries Ltd.	392,400		1,658,522
Singapore Airlines Ltd.	250,700		1,248,361
United Overseas Bank Ltd.	43,600		922,051
UOL Group Ltd.	185,300		864,687
Venture Corp. Ltd.	76,300		762,716
			9,975,948
Spain - 9.5%
Acciona SA	5,014		651,588
Banco Bilbao Vizcaya Argentaria SA	137,558		1,289,760
Banco Santander SA	338,118		1,364,961
CaixaBank SA	306,726		1,310,662
Enagas SA	44,799		730,568
Endesa SA	46,652		925,649
Ferrovial SE	38,259		1,464,073
Iberdrola SA	85,129		1,028,084
Mapfre SA	543,692		1,198,634
Naturgy Energy Group SA	32,373		874,634
			10,838,613
United Kingdom - 8.0%
Anglo American PLC	22,509		541,017
Aviva PLC (b)	137,406		752,783
Barclays PLC	530,176		997,221
BP PLC	187,569		1,099,271
Legal & General Group PLC	317,422		1,025,785
Lloyds Banking Group PLC	1,804,059		972,470
Rio Tinto PLC	14,289		996,507
Segro PLC - REIT	66,926		747,901
Shell PLC	34,662		1,074,896
Vodafone Group PLC	643,318		548,844
			8,756,695
Total Common Stocks (Cost $116,871,570)			105,612,362
Preferred Stocks - 3.1% Brazil - 3.1%
Gerdau SA, 0.00%	194,565		827,443
Itau Unibanco Holding SA, 0.00%	218,000		1,446,323
Petroleo Brasileiro SA, 0.00%	152,600		1,255,137
			3,528,903
Total Preferred Stocks (Cost $2,954,083)			3,528,903
Short-Term Investments - 2.5% Money Market Funds - 2.5%
First American Treasury Obligations Fund - Class X, 5.25%(e)	2,869,643		2,869,643
Total Short-Term Investments (Cost $2,869,643)			2,869,643
Total Investments - 99.5% (Cost $122,695,296)			112,010,908
Other Assets in Excess of Liabilities - 0.5%			525,671
Total Net Assets - 100.0%		$	112,536,579

Percentages are stated as a percent of net assets.

PJSC – Private Joint Stock Company

PLC - Public Limited Company

REIT – Real Estate Investment Trust

SA - Sociedad Anónima

(a)	Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of January 31, 2024, the value of these securities total $5,023,775 or 4.5% of the Fund’s net assets.
(b)	Non-income producing security.
(c)	Represents less than 0.05% of net assets.
(d)	Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $0 or 0.0% of net assets as of January 31, 2024.
(e)	The rate shown represents the 7-day effective yield as of January 31, 2024.

Cambria Global Value ETF
	Level 1		Level 2		Level 3 (a)		Total
Investments:
Common Stocks
Austria	$	11,523,786	$	–	$	–	$	11,523,786
Brazil		7,158,571		–		–		7,158,571
Chile		9,581,546		–		–		9,581,546
Czech Republic		8,722,493		–		–		8,722,493
Greece		–		–		0		0
Hong Kong		6,770,688		–		–		6,770,688
Italy		11,773,323		–		–		11,773,323
Malaysia		8,854,788		–		–		8,854,788
Poland		11,655,911		–		–		11,655,911
Russian Federation		–		–		0		0
Singapore		9,975,948		–		–		9,975,948
Spain		10,838,613		–		–		10,838,613
United Kingdom		8,756,695		–		–		8,756,695
Common Stocks - Total	$	105,612,362	$	–	$	0	$	105,612,362
Preferred Stocks		3,528,903		–		–		3,528,903
Short-Term Investments		2,869,643		–		–		2,869,643
Total Investments	$	112,010,908	$	–	$	0	$	112,010,908

(a)  A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.