Cambria Investment Management, L.P.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed December 1, 2025), Cambria Investment Management, L.P. reported 530 stock positions worth $1.6 billion. Its top holding was Cambria Global Value ETF (GVAL) at 2.1% of the portfolio, followed by Cambria Emerg Shrhldr Yield (EYLD, 1.8%) and Cambria Foreign Shareholder (FYLD, 1.7%). Compared with Q2 2025, it opened 126 new positions, sold out of 40, added to 241 and reduced 126. The biggest buy was Cambria Global Value ETF (GVAL, shares +69%) and the biggest sale Covista (CVSA, shares −97%).

Most Recent 13F
Q2 2026
Location
Manhattan Beach, CA
CIK
0001529389
Portfolio Value
$1.6B (Q3 2025)
SEC Filing
0001172661-25-005226 ↗ filed Dec 1, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.7B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.7B Q3 2024 Q4 2024: $1.6B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.6B $1.6B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.8B Q1 2026 Q2 2026: $2.0B Q2 2026

Holdings 530 stocks · $1.6B
GVAL Cambria Global Value ETF 2.11% 1,191,793 $34.8M Add +68.6%
EYLD Cambria Emerg Shrhldr Yield 1.76% 777,264 $28.9M Add +40.0%
FYLD Cambria Foreign Shareholder 1.69% 890,813 $27.8M Add +42.4%
VAMO Cambria Value & Momentum ETF 1.25% 618,667 $20.7M Add +39.6%
BTU Peabody Energy Corp. 1.09% 676,734 $17.9M Reduce -6.5%
BLDG Cambria Global Real Estate 0.94% 597,549 $15.4M Add +60.7%
THC Tenet Healthcare Corp. 0.91% 73,883 $15.0M Reduce -6.3%
FOXA Fox Corp. Class A 0.90% 235,029 $14.8M Reduce -24.3%
R Ryder System Inc. 0.88% 76,619 $14.5M Reduce -6.6%
REVG Rev Group Inc. 0.86% 249,340 $14.1M Reduce -21.8%
SYF Synchrony Financial 0.84% 194,293 $13.8M Reduce -16.3%
GDX Vaneck Gold Miners ETF 0.83% 179,033 $13.7M Reduce -1.6%
FHI Federated Hermes Inc. 0.80% 254,835 $13.2M Reduce -6.6%
AFL Aflac Inc. 0.77% 114,180 $12.8M Reduce -6.2%
BWA Borgwarner Inc. 0.76% 285,092 $12.5M Reduce -6.6%
CERY SS SPDR BBG En RY CM St N-Ui 0.75% 431,095 $12.4M Add +0.3%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.75% 137,288 $12.3M Reduce -5.4%
TNL Travel + Leisure Co. 0.74% 205,012 $12.2M Reduce -5.1%
DDS Dillards Inc. Class A 0.74% 19,713 $12.1M Reduce -6.6%
SKYW Skywest Inc. 0.73% 119,503 $12.0M Reduce -5.4%
XOM Exxon Mobil Corp. 0.72% 105,757 $11.9M Add +20.1%
PREMIER INC-CLASS A 0.72% 427,675 $11.9M Reduce -5.0%
GMOM Cambria Global Momentum ETF 0.72% 367,477 $11.9M Reduce -0.5%
BAR Graniteshares Gold Trust 0.71% 308,933 $11.8M Add +0.5%
SLM SLM Corp. 0.71% 421,592 $11.7M Reduce -6.5%
PHM Pultegroup Inc. 0.70% 87,621 $11.6M Reduce -3.2%
ODP The Odp Corp. filed as THE ODP CORP 0.70% 413,043 $11.5M Reduce -6.4%
WCC Wesco International Inc. 0.66% 51,775 $11.0M Reduce -6.0%
SPLV Invesco S&P 500 Low Volatili 0.66% 148,569 $10.9M New
TOL Toll Brothers Inc. 0.66% 78,777 $10.9M Reduce -6.4%
UHS Universal Health Services-B 0.66% 52,810 $10.8M Reduce -6.6%
MET Metlife Inc. 0.65% 129,522 $10.7M Reduce -6.4%
AFG American Financial Group Inc. 0.64% 72,255 $10.5M Reduce -6.4%
AMP Ameriprise Financial Inc. 0.64% 21,323 $10.5M Reduce -6.6%
NVDA Nvidia Corp. 0.63% 55,845 $10.4M Add +26.9%
ORI Old Republic Intl Corp. 0.62% 240,935 $10.2M Add +1962.6%
VLO Valero Energy Corp. 0.62% 60,037 $10.2M Reduce -6.4%
VZ Verizon Communications Inc. 0.62% 231,872 $10.2M Reduce -2.6%
L Loews Corp. 0.62% 101,088 $10.1M Add +1904.1%
PFE Pfizer Inc. 0.62% 397,747 $10.1M Add +8.2%
NEM Newmont Corp. 0.61% 120,031 $10.1M Add +1187.2%
TGNA Tegna Inc. 0.61% 496,434 $10.1M Reduce -5.0%
GTX Garrett Motion Inc. 0.61% 739,593 $10.1M Add +1502.7%
MFUT Cambria Chesapeake Pure TRND 0.61% 647,757 $10.1M Add +44.1%
CFG Citizens Financial Group 0.61% 189,308 $10.1M Add +1370.1%
MPC Marathon Petroleum Corp. 0.61% 52,036 $10.0M Reduce -6.4%
DBP Invesco DB Precious Metals F 0.61% 112,193 $10.0M Reduce -0.9%
PYPL PayPal Holdings Inc. 0.60% 147,787 $9.9M Reduce -5.9%
JXN Jackson Financial Inc. Class A 0.60% 97,270 $9.8M Add +1431.6%
CALM Cal-Maine Foods Inc. 0.59% 103,725 $9.8M Reduce -6.4%
PAGP Plains GP Holdings LP 0.59% 532,922 $9.7M Reduce -6.6%
STLD Steel Dynamics Inc. 0.59% 69,653 $9.7M Reduce -6.4%
AGO Assured Guaranty Ltd. 0.59% 114,147 $9.7M Reduce -6.6%
TMHC Taylor Morrison Home Corp. 0.59% 146,199 $9.7M Reduce -3.6%
VGIT Vanguard Intermediate-Term T 0.58% 160,987 $9.6M Reduce -2.1%
RS Reliance Inc. 0.58% 34,264 $9.6M Reduce -6.4%
CRBG Corebridge Financial Inc. 0.58% 295,624 $9.5M Add +1706.2%
NTRS Northern Trust Corp. 0.57% 69,676 $9.4M New
AVT Avnet Inc. 0.57% 179,158 $9.4M Reduce -6.5%
PRG Prog Holdings Inc. 0.57% 289,425 $9.4M Reduce -6.5%
TFC Truist Financial Corp. 0.57% 204,443 $9.3M New
RXI iShares Global Consumer Disc 0.57% 45,122 $9.3M Add +1.7%
BFH Bread Financial Holdings Inc. 0.57% 167,351 $9.3M Reduce -3.6%
AAPL Apple Inc. 0.56% 36,540 $9.3M Add +150.1%
MSFT Microsoft Corp. 0.56% 17,908 $9.3M Add +324.3%
PFG Principal Financial Group 0.56% 111,584 $9.3M Reduce -6.4%
IXN iShares Global Tech ETF 0.56% 89,240 $9.2M New
APA Apa Corp. 0.56% 378,596 $9.2M New
CMA Comerica Inc. 0.56% 134,056 $9.2M New
KBH KB Home 0.56% 143,702 $9.1M Reduce -6.4%
LEA Lear Corp. 0.55% 90,760 $9.1M New
ADT Adt Inc. 0.55% 1,048,148 $9.1M Reduce -6.6%
JXI iShares Global Utilities ETF 0.55% 117,352 $9.1M Reduce -1.5%
FITB Fifth Third Bancorp 0.55% 204,201 $9.1M New
MTB M & T Bank Corp. filed as M & T BK CORP 0.55% 46,016 $9.1M New
FIBK First Interstate Bancsys-A 0.55% 284,989 $9.1M New
DINO HF Sinclair Corp. 0.55% 173,351 $9.1M New
USCI United States Commodity Inde 0.55% 115,827 $9.0M Reduce -3.2%
HODL Vaneck Bitcoin ETF 0.55% 278,165 $9.0M Reduce -14.1%
IGF iShares Global Infrastructur 0.54% 146,869 $9.0M Reduce -2.0%
VSS Vanguard Ftse All Wo X-US SC 0.54% 62,690 $8.9M New
ASO Academy Sports & Outdoors Inc. 0.54% 178,443 $8.9M Reduce -6.5%
EXI iShares Global Industrials E 0.54% 51,621 $8.9M Reduce -2.4%
WKC World Kinect Corp. 0.54% 343,291 $8.9M Reduce -5.1%
SPB Spectrum Brands Holdings Inc. 0.53% 167,442 $8.8M Reduce -6.5%
PSX Phillips 66 0.53% 64,520 $8.8M Reduce -6.4%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.53% 173,329 $8.8M Reduce -6.6%
IBND SS SPDR BB Intl Corp. BD ETF 0.52% 268,139 $8.6M Add +0.1%
EOG EOG Resources Inc. 0.52% 75,999 $8.5M Reduce -6.4%
GEF Greif Inc. Class A 0.52% 142,079 $8.5M Reduce -6.6%
IPG Interpublic Group of Cos Inc. 0.51% 302,864 $8.5M Reduce -6.4%
ETD Ethan Allen Interiors Inc. 0.51% 286,806 $8.4M Reduce -6.5%
TYLD Cambria Tactical Yield ETF 0.51% 333,520 $8.4M Add +1.1%
MAN Manpowergroup Inc. 0.51% 221,667 $8.4M Reduce -6.5%
TKR Timken Co. 0.51% 111,733 $8.4M Reduce -6.6%
XLG Invesco S&P 500 Top 50 ETF 0.51% 145,586 $8.4M New
TXT Textron Inc. 0.51% 98,874 $8.4M Reduce -6.4%
CI The Cigna Group 0.50% 28,590 $8.2M Reduce -6.4%
TAP Molson Coors Beverage Co. Class B 0.49% 176,913 $8.0M Reduce -5.1%
PVH PVH Corp. 0.48% 95,268 $8.0M Reduce -6.6%

Show all 530 holdings

Portfolio Sells Q2 2025 → Q3 2025
CVSA Covista Inc. Reduce -96.5% 0.06% −1.62
UGI Ugi Corp. Reduce -96.3% 0.03% −1.09
AN Autonation Inc. Reduce -97.8% 0.02% −0.89
SNX TD Synnex Corp. Reduce -94.7% 0.05% −0.85
AMG Affiliated Managers Group Reduce -97.7% 0.02% −0.74
LNC Lincoln National Corp. Reduce -95.5% 0.04% −0.73
INGR Ingredion Inc. Reduce -94.8% 0.03% −0.70
CVX Chevron Corp. Reduce -95.4% 0.03% −0.63
KXI iShares Global Consumer Stap Sold out 0.00% −0.56
DBA Invesco DB Agriculture Fund Sold out 0.00% −0.54
TAIL Cambria Tail Risk ETF Sold out 0.00% −0.52
MLKN Millerknoll Inc. Sold out 0.00% −0.51
THS Treehouse Foods Inc. Sold out 0.00% −0.51
BC Brunswick Corp. Sold out 0.00% −0.45
JEF Jefferies Financial Group Inc. Sold out 0.00% −0.45
NUE Nucor Corp. Reduce -87.4% 0.06% −0.44
PBF PBF Energy Inc. Class A Sold out 0.00% −0.31
DB Deutsche Bank AG-Registered Sold out 0.00% −0.30
SLM SLM Corp. Reduce -6.5% 0.71% −0.29
CNC Centene Corp. Reduce -6.5% 0.35% −0.28
IMO Imperial Oil Ltd. Sold out 0.00% −0.28
FOXA Fox Corp. Class A Reduce -24.3% 0.90% −0.27
GOLDEN OCEAN GROUP LTD Sold out 0.00% −0.26
CRI Carter's Inc. Sold out 0.00% −0.25
SU Suncor Energy Inc. Sold out 0.00% −0.25
CGAU Centerra Gold Inc. Sold out 0.00% −0.24
XRX Xerox Holdings Corp. Sold out 0.00% −0.23
CNQ Canadian Natural Resources Sold out 0.00% −0.23
WHR Whirlpool Corp. Reduce -6.6% 0.41% −0.22
TRMD Torm PLC-A Sold out 0.00% −0.21
SYF Synchrony Financial Reduce -16.3% 0.84% −0.21
CVE Cenovus Energy Inc. Sold out 0.00% −0.20
VBIL Vanguard 0-3M T-Bill ETF Sold out 0.00% −0.20
RS Reliance Inc. Reduce -6.4% 0.58% −0.19
PYPL PayPal Holdings Inc. Reduce -5.9% 0.60% −0.18
AMP Ameriprise Financial Inc. Reduce -6.6% 0.64% −0.18
CI The Cigna Group Reduce -6.4% 0.50% −0.18
LYB Lyondellbasell Indu Class A Reduce -6.6% 0.45% −0.18
LKQ LKQ Corp. Reduce -6.6% 0.41% −0.18
REVG Rev Group Inc. Reduce -21.8% 0.86% −0.16
MATX Matson Inc. Reduce -6.5% 0.48% −0.16
STLA Stellantis NV Sold out 0.00% −0.16
PAGP Plains GP Holdings LP Reduce -6.6% 0.59% −0.16
HRB H&R Block Inc. Reduce -6.6% 0.53% −0.15
EMN Eastman Chemical Co. Reduce -6.4% 0.38% −0.15
CMCSA Comcast Corp. Class A Reduce -6.4% 0.42% −0.15
CF CF Industries Holdings Inc. Reduce -5.4% 0.75% −0.15
CALM Cal-Maine Foods Inc. Reduce -6.4% 0.59% −0.15
GEF Greif Inc. Class A Reduce -6.6% 0.52% −0.15
WKC World Kinect Corp. Reduce -5.1% 0.54% −0.15

Portfolio Buys Q2 2025 → Q3 2025
GVAL Cambria Global Value ETF Add +68.6% 2.11% +0.82
SPLV Invesco S&P 500 Low Volatili New 0.66% +0.66
ORI Old Republic Intl Corp. Add +1962.6% 0.62% +0.59
L Loews Corp. Add +1904.1% 0.62% +0.58
GTX Garrett Motion Inc. Add +1502.7% 0.61% +0.58
NEM Newmont Corp. Add +1187.2% 0.61% +0.58
CFG Citizens Financial Group Add +1370.1% 0.61% +0.57
NTRS Northern Trust Corp. New 0.57% +0.57
TFC Truist Financial Corp. New 0.57% +0.57
JXN Jackson Financial Inc. Class A Add +1431.6% 0.60% +0.56
IXN iShares Global Tech ETF New 0.56% +0.56
APA Apa Corp. New 0.56% +0.56
CMA Comerica Inc. New 0.56% +0.56
LEA Lear Corp. New 0.55% +0.55
FITB Fifth Third Bancorp New 0.55% +0.55
MTB M & T Bank Corp. New 0.55% +0.55
FIBK First Interstate Bancsys-A New 0.55% +0.55
DINO HF Sinclair Corp. New 0.55% +0.55
VSS Vanguard Ftse All Wo X-US SC New 0.54% +0.54
CRBG Corebridge Financial Inc. Add +1706.2% 0.58% +0.54
XLG Invesco S&P 500 Top 50 ETF New 0.51% +0.51
FYLD Cambria Foreign Shareholder Add +42.4% 1.69% +0.45
MSFT Microsoft Corp. Add +324.3% 0.56% +0.42
EYLD Cambria Emerg Shrhldr Yield Add +40.0% 1.76% +0.40
AAPL Apple Inc. Add +150.1% 0.56% +0.36
VAMO Cambria Value & Momentum ETF Add +39.6% 1.25% +0.35
BLDG Cambria Global Real Estate Add +60.7% 0.94% +0.31
PFF iShares Preferred & Income S New 0.25% +0.25
GOOGL Alphabet Inc. Class A Add +236.7% 0.28% +0.21
SPY SS SPDR S&P 500 ETF Trust-US Add +163.4% 0.34% +0.21
PANW Palo Alto Networks Inc. New 0.20% +0.20
WMT Walmart Inc. Add +981.0% 0.20% +0.18
AMZN Amazon.com Inc. Add +122.2% 0.34% +0.17
MFUT Cambria Chesapeake Pure TRND Add +44.1% 0.61% +0.17
NVDA Nvidia Corp. Add +26.9% 0.63% +0.16
VTI VG Morningstar TS MKT ETF-US Add +57.6% 0.41% +0.14
QQQ Invesco QQQ Trust Series 1 New 0.14% +0.14
BRK.B Berkshire Hathaway Inc. Class B Add +222.4% 0.19% +0.13
CRM Salesforce Inc. Add +614.2% 0.14% +0.12
CEG Constellation Energy Add +532.9% 0.14% +0.11
HUN Huntsman Corp. Add +71.6% 0.39% +0.10
XOM Exxon Mobil Corp. Add +20.1% 0.72% +0.08
IEFA iShares Core MSCI Eafe ETF New 0.08% +0.08
DLN Wisdomtree US Largecap Divid New 0.08% +0.08
ICVT iShares Convertible Bond ETF Add +43.5% 0.26% +0.08
TAX Cambria Tax Aware ETF Add +420.3% 0.10% +0.08
NOC Northrop Grumman Corp. New 0.08% +0.08
WY Weyerhaeuser Co. New 0.08% +0.08
HOOD Robinhood Markets Inc. Class A Add +63.1% 0.13% +0.07
VXUS Vanguard Total Intl Stock New 0.07% +0.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 731$2.0BFYLD, EYLD, GVAL, VAMO, SPLV
Q1 2026 643$1.8BFYLD, GVAL, EYLD, VAMO, SPLV
Q4 2025 605$1.7BFYLD, GVAL, EYLD, VAMO, SPLV
Q3 2025Amended 530$1.6BGVAL, EYLD, FYLD, VAMO, BTU
Q2 2025 444$1.5BCVSA, EYLD, GVAL, FYLD, FOXA
Q1 2025 363$1.4BCVSA, FOXA, GVAL, T, EYLD
Q4 2024 392$1.6BCVSA, CNX, VCTR, MYLD, FOXA
Q3 2024 332$1.7BEYLD, FYLD, MYLD, REVG, CVSA
Q2 2024 343$1.6BEYLD, SYLD, FYLD, MYLD, MFUT
Q1 2024 341$1.7BEYLD, SYLD, FYLD, VAMO, MYLD