CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
COMMON STOCKS - 82.5%

Communication Services - 4.1%

Advertising - 0.1%




AppLovin Corp. - Class A (a)

            490

$152,909 





Integrated Telecommunication Services - 0.8%




AT&T, Inc.

            10,751

278,343 
Comcast Corp. - Class A

            94

2,502 
Deutsche Telekom AG

            7,553

248,983 
NTT, Inc.

            261,057

281,893 
Verizon Communications, Inc.

            6,796

339,936 




1,151,657 
Interactive Home Entertainment - 0.3%




NetEase, Inc.

            9,275

227,661 
Nintendo Co. Ltd.

            3,064

173,464 
ROBLOX Corp. - Class A (a)

            2,532

104,546 
Take-Two Interactive Software, Inc. (a)

            62

13,622 




519,293 
Interactive Media & Services - 1.8%




Alphabet, Inc. - Class A

            3,204

1,087,278 
Alphabet, Inc. - Class C

            2,220

744,610 
Baidu, Inc. - Class A (a)

            13,779

169,107 
Meta Platforms, Inc. - Class A

            638

365,153 
Tencent Holdings Ltd.

            3,215

185,801 




2,551,949 
Movies & Entertainment - 0.7%




Netflix, Inc. (a)

            5,937

481,194 
Spotify Technology SA (a)

            429

233,213 
Walt Disney Co.

            2,430

261,346 
Warner Bros Discovery, Inc. (a)

            2,660

75,890 




1,051,643 
Wireless Telecommunication Services - 0.4%




KDDI Corp.

            14,922

276,442 
SoftBank Group Corp.

            7,155

232,902 
T-Mobile US, Inc.

            223

40,238 




549,582 
Total Communication Services

5,977,033 





Consumer Discretionary - 6.0%

Apparel Retail - 0.8%




Fast Retailing Co. Ltd.

            718

325,628 
Industria de Diseno Textil SA

            4,627

311,720 
Ross Stores, Inc.

            1,461

333,897 
1

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
TJX Cos., Inc.

            1,770

$237,021 




1,208,266 
Apparel, Accessories & Luxury Goods - 1.0%




Cie Financiere Richemont SA

            1,279

304,026 
Hermes International SCA

            118

216,696 
LVMH Moet Hennessy Louis Vuitton SE

            388

204,294 
Tapestry, Inc.

            5,447

672,105 




1,397,121 
Automobile Manufacturers - 0.6%




BYD Co. Ltd. - Class H

            18,450

205,250 
Ford Motor Co.

            131

1,826 
General Motors Co.

            266

22,961 
Mercedes-Benz Group AG

            3,924

215,225 
Tesla, Inc. (a)

            526

193,542 
Toyota Motor Corp.

            13,408

264,886 




903,690 
Automotive Retail - 0.2%




AutoZone, Inc. (a)

            78

233,317 
Carvana Co. (a)

            200

14,692 
O'Reilly Automotive, Inc. (a)

            267

23,709 




271,718 
Broadline Retail - 1.7%




Alibaba Group Holding Ltd.

            12,414

180,862 
Amazon.com, Inc. (a)

            4,479

1,163,510 
eBay, Inc.

            669

69,282 
MercadoLibre, Inc. (a)

            151

292,366 
Naspers Ltd. - ADR

            5,026

49,054 
Naspers Ltd.

            3,712

181,673 
Prosus NV

            3,773

167,982 
Wesfarmers Ltd.

            4,859

276,606 




2,381,335 
Consumer Electronics - 0.2%




Sony Group Corp.

            9,004

226,354 





Footwear - 0.1%




NIKE, Inc. - Class B

            4,331

169,169 





Home Improvement Retail - 0.4%




Home Depot, Inc.

            882

289,146 
Lowe's Cos., Inc.

            1,424

291,493 




580,639 
Hotels, Resorts & Cruise Lines - 0.4%




Airbnb, Inc. - Class A (a)

            1,548

283,625 
Booking Holdings, Inc.

            1,355

269,767 
2

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
Hilton Worldwide Holdings, Inc.

            36

$11,386 
Marriott International, Inc. - Class A

            111

37,935 
Royal Caribbean Cruises Ltd.

            107

28,755 




631,468 
Restaurants - 0.6%




Chipotle Mexican Grill, Inc. (a)

            255

9,698 
Compass Group PLC

            7,921

242,779 
DoorDash, Inc. - Class A (a)

            8

1,854 
McDonald's Corp.

            1,271

334,959 
Meituan - Class B (a)(b)

            20,067

201,990 
Starbucks Corp.

            275

29,219 
Yum! Brands, Inc.

            208

31,888 




852,387 
Total Consumer Discretionary

8,622,147 





Consumer Staples - 4.8%

Brewers - 0.2%




Anheuser-Busch InBev SA

            4,165

330,328 





Consumer Staples Merchandise Retail - 1.9%




Costco Wholesale Corp.

            285

269,008 
Target Corp.

            486

78,188 
Walmart, Inc.

            23,009

2,412,954 




2,760,150 
Distillers & Vintners - 0.2%




Diageo PLC

            11,381

263,548 





Food Retail - 0.0% (c)




Kroger Co.

            202

11,623 





Household Products - 0.3%




Colgate-Palmolive Co.

            372

33,413 
Procter & Gamble Co.

            1,578

228,999 
Reckitt Benckiser Group PLC

            3,187

221,619 




484,031 
Packaged Foods & Meats - 0.7%




Danone SA

            2,851

212,868 
General Mills, Inc.

            4,757

195,988 
Hershey Co.

            1,070

188,545 
Mondelez International, Inc. - Class A

            2,969

184,286 
Nestle SA

            2,719

265,122 




1,046,809 
Personal Care Products - 0.4%




Kenvue, Inc.

            105

1,982 
3

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
L'Oreal SA

            594

$265,428 
Unilever PLC

            3,826

247,598 




515,008 
Soft Drinks & Non-alcoholic Beverages - 0.4%




Coca-Cola Co.

            3,686

326,838 
Keurig Dr Pepper, Inc.

            42

1,338 
Monster Beverage Corp. (a)

            744

34,165 
PepsiCo, Inc.

            1,819

255,278 




617,619 
Tobacco - 0.7%




Altria Group, Inc.

            510

34,925 
British American Tobacco PLC

            5,100

285,334 
Philip Morris International, Inc.

            3,470

649,931 




970,190 
Total Consumer Staples

6,999,306 





Energy - 5.0%

Coal & Consumable Fuels - 0.4%




Cameco Corp.

            2,037

201,174 
China Shenhua Energy Co. Ltd. - Class H

            50,291

297,443 




498,617 
Integrated Oil & Gas - 3.4%




BP PLC

            46,236

322,332 
Chevron Corp.

            1,999

412,074 
China Petroleum & Chemical Corp. - Class H

            493,171

301,057 
ExxonMobil Holdings Corp.

            15,384

2,476,055 
Occidental Petroleum Corp.

            50

3,009 
PetroChina Co. Ltd. - Class H

            276,177

358,326 
Shell PLC

            7,143

323,705 
Suncor Energy, Inc.

            5,644

377,624 
TotalEnergies SE

            4,271

374,702 




4,948,884 
Oil & Gas Equipment & Services - 0.2%




Baker Hughes Co.

            4,773

303,324 
SLB Ltd.

            550

33,055 




336,379 
Oil & Gas Exploration & Production - 0.3%




Canadian Natural Resources Ltd.

            7,399

370,978 
ConocoPhillips

            518

68,630 
Diamondback Energy, Inc.

            20

4,009 
EOG Resources, Inc.

            59

8,553 




452,170 
Oil & Gas Refining & Marketing - 0.2%




Marathon Petroleum Corp.

            261

97,437 
Phillips 66

            510

125,756 
4

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
Valero Energy Corp.

            44

$15,792 




238,985 
Oil & Gas Storage & Transportation - 0.5%




Cheniere Energy, Inc.

            273

79,631 
Enbridge, Inc.

            5,416

274,405 
Kinder Morgan, Inc.

            228

7,351 
ONEOK, Inc.

            97

9,313 
TC Energy Corp.

            4,684

293,285 
Williams Cos., Inc.

            544

40,827 




704,812 
Total Energy

7,179,847 





Financials - 20.9%

Asset Management & Custody Banks - 0.7%




Ameriprise Financial, Inc.

            170

94,029 
Ares Management Corp. - Class A

            355

50,825 
Bank of New York Mellon Corp.

            70

11,290 
Blackrock, Inc.

            255

294,681 
Blackstone, Inc.

            2,035

291,493 
Brookfield Corp.

            5,905

243,404 
KKR & Co., Inc.

            256

28,088 




1,013,810 
Commercial & Residential Mortgage Finance - 0.1%




Rocket Cos., Inc. - Class A (a)

            15,542

208,418 





Consumer Finance - 0.5%




American Express Co.

            1,278

421,957 
Capital One Financial Corp.

            1,247

267,494 




689,451 
Diversified Banks - 10.4%




Agricultural Bank of China Ltd. - Class H

            372,871

301,828 
ANZ Group Holdings Ltd.

            11,091

295,658 
Banco Bilbao Vizcaya Argentaria SA

            14,034

408,018 
Banco Santander SA

            26,086

383,721 
Bank of America Corp.

            9,486

587,563 
Bank of China Ltd. - Class H

            471,145

354,631 
Bank of Montreal

            2,043

348,237 
Bank of Nova Scotia

            4,020

367,991 
Barclays PLC

            50,724

341,351 
BNP Paribas SA

            2,891

345,139 
Canadian Imperial Bank of Commerce

            3,163

359,011 
China Construction Bank Corp. - Class H

            267,340

324,009 
China Merchants Bank Co. Ltd. - Class H

            40,950

266,175 
Citigroup, Inc.

            7,044

927,131 
5

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
Commonwealth Bank of Australia

            2,384

$273,169 
DBS Group Holdings Ltd.

            6,362

387,396 
HSBC Holdings PLC

            19,455

402,908 
Industrial & Commercial Bank of China Ltd. - Class H

            347,625

335,720 
ING Groep NV

            10,560

373,927 
Intesa Sanpaolo SpA

            41,089

324,018 
JPMorgan Chase & Co.

            4,413

1,571,116 
Lloyds Banking Group PLC

            221,404

329,852 
Mitsubishi UFJ Financial Group, Inc.

            17,041

392,556 
Mizuho Financial Group, Inc.

            8,245

445,049 
National Australia Bank Ltd.

            9,107

252,102 
National Bank of Canada

            2,226

341,573 
NatWest Group PLC

            33,566

309,003 
Nordea Bank Abp

            14,986

306,624 
Oversea-Chinese Banking Corp. Ltd.

            18,126

449,478 
PNC Financial Services Group, Inc.

            14

3,355 
Postal Savings Bank of China Co. Ltd. - Class H (b)

            347,329

234,848 
Royal Bank of Canada

            1,788

365,612 
Societe Generale SA

            3,844

324,382 
Standard Chartered PLC

            12,296

362,710 
Sumitomo Mitsui Financial Group, Inc.

            9,799

427,844 
Toronto-Dominion Bank

            3,225

390,155 
UniCredit SpA

            3,563

348,222 
US Bancorp

            46

2,833 
Wells Fargo & Co.

            2,992

258,479 
Westpac Banking Corp.

            10,131

250,828 




15,074,222 
Diversified Capital Markets - 0.7%




Deutsche Bank AG

            7,465

300,535 
Macquarie Group Ltd.

            2,041

366,508 
UBS Group AG

            6,576

360,222 




1,027,265 
Diversified Financial Services - 0.0% (c)




Apollo Global Management, Inc.

            90

12,292 





Financial Exchanges & Data - 1.3%




CME Group, Inc.

            20

5,710 
Coinbase Global, Inc. - Class A (a)

            1,362

256,219 
Deutsche Boerse AG

            1,066

356,605 
Hong Kong Exchanges & Clearing Ltd.

            4,695

254,682 
Intercontinental Exchange, Inc.

            300

48,210 
London Stock Exchange Group PLC

            2,328

283,899 
Moody's Corp.

            84

42,390 
MSCI, Inc.

            393

224,261 
Nasdaq, Inc.

            37

3,649 
6

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
S&P Global, Inc.

            863

$376,130 




1,851,755 
Insurance Brokers - 0.4%




Aon PLC - Class A

            791

254,322 
Arthur J Gallagher & Co.

            3

787 
Marsh & McLennan Cos., Inc.

            905

171,769 
Willis Towers Watson PLC

            596

201,776 




628,654 
Investment Banking & Brokerage - 1.1%




Charles Schwab Corp.

            2,615

287,179 
Goldman Sachs Group, Inc.

            290

297,511 
Interactive Brokers Group, Inc. - Class A

            3,570

347,325 
Morgan Stanley

            1,495

318,914 
Robinhood Markets, Inc. - Class A (a)

            3,000

314,430 




1,565,359 
Life & Health Insurance - 1.0%




Aflac, Inc.

            2,422

280,589 
AIA Group Ltd.

            28,225

274,564 
China Life Insurance Co. Ltd. - Class H

            86,191

333,176 
Manulife Financial Corp.

            7,497

318,012 
MetLife, Inc.

            189

17,987 
Ping An Insurance Group Co. of China Ltd. - Class H

            36,588

263,962 




1,488,290 
Multi-line Insurance - 0.8%




Allianz SE

            619

324,124 
AXA SA

            5,531

276,897 
China Pacific Insurance Group Co. Ltd. - Class H

            61,187

235,897 
Zurich Insurance Group AG

            372

272,713 




1,109,631 
Multi-Sector Holdings - 1.5%




Berkshire Hathaway, Inc. - Class B (a)

            3,618

1,823,580 
Investor AB (a)

            7,905

340,956 




2,164,536 
Property & Casualty Insurance - 1.1%




Allstate Corp.

            1,517

391,083 
American International Group, Inc.

            162

12,370 
Chubb Ltd.

            998

337,923 
People's Insurance Co. Group of China Ltd. - Class H

            272,007

198,493 
PICC Property & Casualty Co. Ltd. - Class H

            107,044

232,703 
Progressive Corp.

            401

87,450 
Tokio Marine Holdings, Inc.

            6,279

302,925 
Travelers Cos., Inc.

            114

41,716 




1,604,663 
7

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
Regional Banks - 0.0% (c)




Truist Financial Corp.

            1,276

$63,264 





Reinsurance - 0.4%




Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen

            414

249,481 
Swiss Re AG

            1,515

263,417 




512,898 
Transaction & Payment Processing Services - 0.9%




Adyen NV (a)(b)

            194

236,022 
Mastercard, Inc. - Class A

            841

495,610 
PayPal Holdings, Inc.

            5

263 
Visa, Inc. - Class A

            1,549

587,644 




1,319,539 
Total Financials

30,334,047 





Health Care - 7.9%

Biotechnology - 1.3%




AbbVie, Inc.

            1,830

469,248 
Amgen, Inc.

            1,069

459,542 
Argenx SE (a)

            276

280,706 
CSL Ltd.

            2,226

273,680 
Gilead Sciences, Inc.

            1,946

284,778 
Regeneron Pharmaceuticals, Inc.

            4

3,196 
Vertex Pharmaceuticals, Inc. (a)

            217

118,161 




1,889,311 
Health Care Distributors - 0.3%




Cardinal Health, Inc.

            1,279

300,079 
Cencora, Inc.

            280

90,608 
McKesson Corp.

            20

17,706 




408,393 
Health Care Equipment - 1.1%




Abbott Laboratories

            4,093

451,703 
Becton Dickinson & Co.

            1,348

253,572 
Boston Scientific Corp. (a)

            2,934

141,712 
Edwards Lifesciences Corp. (a)

            17

1,543 
IDEXX Laboratories, Inc. (a)

            36

20,041 
Intuitive Surgical, Inc. (a)

            437

164,688 
Medtronic PLC

            2,724

246,931 
Stryker Corp.

            766

248,031 




1,528,221 
Health Care Facilities - 0.1%




HCA Healthcare, Inc.

            256

106,099 





8

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
Health Care Services - 0.0% (c)




Cigna Group

            111

$30,645 
CVS Health Corp.

            53

4,977 




35,622 
Health Care Supplies - 0.3%




EssilorLuxottica SA

            827

154,032 
Hoya Corp.

            1,754

270,100 




424,132 
Life Sciences Tools & Services - 0.8%




Danaher Corp.

            1,245

265,882 
Lonza Group AG

            405

288,889 
Thermo Fisher Scientific, Inc.

            915

564,647 
Waters Corp. (a)

            194

80,438 




1,199,856 
Managed Health Care - 0.3%




Elevance Health, Inc.

            313

122,865 
UnitedHealth Group, Inc.

            935

364,098 




486,963 
Pharmaceuticals - 3.7%




AstraZeneca PLC

            1,542

250,101 
Bayer AG

            5,174

294,723 
Bristol-Myers Squibb Co.

            1,293

86,385 
Eli Lilly & Co.

            793

917,287 
GSK PLC

            11,822

296,908 
Haleon PLC

            52,381

261,334 
Johnson & Johnson

            1,591

422,967 
Merck & Co., Inc.

            2,507

370,434 
Merck KGaA

            2,030

327,754 
Novartis AG

            2,003

305,424 
Novo Nordisk AS

            4,572

207,733 
Pfizer, Inc.

            25,191

716,936 
Roche Holding AG

            757

330,389 
Sanofi SA

            2,637

235,269 
Takeda Pharmaceutical Co. Ltd.

            8,965

323,526 
Zoetis, Inc.

            53

4,086 




5,351,256 
Total Health Care

11,429,853 





Industrials - 10.6%

Aerospace & Defense - 2.9%




Airbus SE

            1,101

252,243 
Axon Enterprise, Inc. (a)

            4

2,266 
BAE Systems PLC

            10,140

280,838 
Boeing Co. (a)

            1,164

241,856 
General Dynamics Corp.

            262

97,294 
9

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
General Electric Co.

            914

$306,839 
Honeywell Aerospace, Inc. (a)

            640

101,190 
Howmet Aerospace, Inc.

            935

229,028 
L3Harris Technologies, Inc.

            222

59,108 
Lockheed Martin Corp.

            447

250,870 
Northrop Grumman Corp.

            1,555

839,233 
Rheinmetall AG

            148

190,957 
Rocket Lab Corp. (a)

            3,159

201,923 
Rolls-Royce Holdings PLC

            17,312

358,949 
RTX Corp.

            1,357

281,890 
Safran SA

            765

299,453 
TransDigm Group, Inc.

            109

127,720 




4,121,657 
Agricultural & Farm Machinery - 0.2%




Deere & Co.

            510

334,004 





Air Freight & Logistics - 0.4%




DHL AG

            5,236

341,436 
DSV AS

            980

206,722 
FedEx Corp.

            103

33,722 
United Parcel Service, Inc. - Class B

            20

2,085 




583,965 
Building Products - 0.2%




Carrier Global Corp.

            90

5,240 
Johnson Controls International PLC

            232

32,071 
Trane Technologies PLC

            630

279,972 




317,283 
Cargo Ground Transportation - 0.0% (c)




Fedex Freight Holding Co., Inc. (a)

            51

6,821 





Construction & Engineering - 0.6%




Comfort Systems USA, Inc.

            265

409,589 
MasTec, Inc. (a)

            538

129,002 
Quanta Services, Inc.

            170

103,206 
Vinci SA

            1,846

242,618 




884,415 
Construction Machinery & Heavy Transportation Equipment - 0.5%




Caterpillar, Inc.

            409

326,165 
Cummins, Inc.

            87

49,103 
PACCAR, Inc.

            88

10,923 
Volvo AB - Class B

            9,109

329,260 




715,451 
Diversified Support Services - 0.0% (c)




Cintas Corp.

            75

15,134 





10

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
Electrical Components & Equipment - 1.1%




ABB Ltd.

            3,467

$338,830 
AMETEK, Inc.

            11

2,587 
Contemporary Amperex Technology Co. Ltd. - Class H

            3,714

284,054 
Eaton Corp. PLC

            695

279,306 
Emerson Electric Co.

            118

17,988 
Schneider Electric SE

            916

313,448 
Vertiv Holdings Co. - Class A

            1,392

360,138 




1,596,351 
Environmental & Facilities Services - 0.1%




Republic Services, Inc.

            15

3,314 
Waste Connections, Inc.

            223

36,866 
Waste Management, Inc.

            467

102,236 




142,416 
Heavy Electrical Equipment - 0.7%




GE Vernova, Inc.

            385

345,934 
Mitsubishi Electric Corp.

            9,424

329,471 
Siemens Energy AG

            2,112

348,795 




1,024,200 
Human Resource & Employment Services - 0.4%




Automatic Data Processing, Inc.

            153

43,783 
Recruit Holdings Co. Ltd.

            5,030

573,530 




617,313 
Industrial Conglomerates - 0.7%




3M Co.

            1,475

253,449 
Hitachi Ltd.

            8,639

294,078 
Honeywell International, Inc.

            641

136,766 
Siemens AG

            951

315,483 




999,776 
Industrial Machinery & Supplies & Components - 0.6%




Atlas Copco AB - Class A

            15,813

340,113 
Atlas Copco AB - Class B

            16,584

308,905 
Illinois Tool Works, Inc.

            30

8,261 
Mitsubishi Heavy Industries Ltd.

            9,437

229,737 
Parker-Hannifin Corp.

            30

29,383 




916,399 
Passenger Ground Transportation - 0.2%




Uber Technologies, Inc. (a)

            3,322

251,309 





Rail Transportation - 0.9%




Canadian National Railway Co.

            2,765

345,238 
Canadian Pacific Kansas City Ltd.

            3,360

311,260 
CSX Corp.

            2,103

106,223 
Norfolk Southern Corp.

            300

102,837 
11

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
Union Pacific Corp.

            1,278

$384,256 




1,249,814 
Research & Consulting Services - 0.2%




Mobility Global, Inc.

            863

17,519 
RELX PLC

            5,714

206,878 




224,397 
Trading Companies & Distributors - 0.9%




Fastenal Co.

            766

37,771 
ITOCHU Corp.

            22,955

302,905 
Marubeni Corp.

            8,234

254,004 
Mitsubishi Corp.

            10,815

325,229 
Mitsui & Co. Ltd.

            9,942

311,734 
United Rentals, Inc.

            111

115,218 
WW Grainger, Inc.

            3

3,929 




1,350,790 
Total Industrials

15,351,495 





Information Technology - 15.8%

Application Software - 2.0%




Adobe, Inc. (a)

            937

274,344 
Autodesk, Inc. (a)

            9

2,327 
Cadence Design Systems, Inc. (a)

            9

3,049 
Constellation Software, Inc.

            130

294,407 
Guidewire Software, Inc. (a)

            993

203,317 
Intuit, Inc.

            539

193,663 
Palantir Technologies, Inc. - Class A (a)

            1,294

241,176 
Roper Technologies, Inc.

            8

3,397 
Salesforce, Inc.

            3,800

978,652 
SAP SE

            981

217,526 
Strategy, Inc. - Class A (a)

            1,893

251,655 
Synopsys, Inc. (a)

            406

178,474 
Workday, Inc. - Class A (a)

            29

5,726 




2,847,713 
Communications Equipment - 0.7%




Arista Networks, Inc. (a)

            1,826

357,330 
Cisco Systems, Inc.

            3,453

381,522 
Motorola Solutions, Inc.

            703

341,166 




1,080,018 
Electronic Components - 0.4%




Amphenol Corp. - Class A

            3,631

575,695 
Corning, Inc.

            242

35,993 




611,688 
Electronic Equipment & Instruments - 0.3%




Keyence Corp.

            762

399,054 
12

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
Electronic Manufacturing Services - 0.0% (c)




TE Connectivity PLC

            14

$2,874 





Internet Services & Infrastructure - 0.8%




Cloudflare, Inc. - Class A (a)

            1,513

461,631 
Shopify, Inc. - Class A (a)

            1,712

252,298 
Snowflake, Inc. - Class A (a)

            603

199,852 
VeriSign, Inc.

            1,036

298,658 




1,212,439 
IT Consulting & Other Services - 0.9%




Accenture PLC - Class A

            1,035

196,402 
Fujitsu Ltd.

            9,842

238,364 
International Business Machines Corp.

            2,625

613,909 
NEC Corp.

            6,634

203,816 




1,252,491 
Semiconductor Materials & Equipment - 1.7%




Advantest Corp.

            2,256

475,773 
Applied Materials, Inc.

            793

363,503 
ASML Holding NV

            256

431,702 
KLA Corp.

            1,720

301,774 
Lam Research Corp.

            1,222

368,421 
Tokyo Electron Ltd.

            1,325

468,125 




2,409,298 
Semiconductors - 4.5%




Advanced Micro Devices, Inc. (a)

            1,075

506,024 
Analog Devices, Inc.

            853

308,905 
Broadcom, Inc.

            3,281

1,215,086 
Infineon Technologies AG

            6,781

443,366 
Intel Corp. (a)

            5,565

498,123 
Marvell Technology, Inc.

            204

43,179 
Micron Technology, Inc.

            628

602,082 
Monolithic Power Systems, Inc.

            244

309,336 
NVIDIA Corp.

            5,612

1,239,017 
NXP Semiconductors NV

            92

20,667 
QUALCOMM, Inc.

            1,655

282,144 
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR

            1,844

765,850 
Texas Instruments, Inc.

            1,249

325,877 




6,559,656 
Systems Software - 3.1%




Crowdstrike Holdings, Inc. - Class A (a)

            560

129,360 
Fortinet, Inc. (a)

            512

87,516 
Microsoft Corp.

            2,506

1,271,269 
Oracle Corp.

            1,893

282,284 
Palo Alto Networks, Inc. (a)

            6,133

2,343,603 
13

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
ServiceNow, Inc. (a)

            2,315

$342,597 




4,456,629 
Technology Hardware, Storage & Peripherals - 1.4%




Apple, Inc.

            4,190

1,327,601 
Dell Technologies, Inc. - Class C

            267

121,755 
Western Digital Corp.

            985

443,792 
Xiaomi Corp. - Class B (a)(b)

            40,495

142,690 




2,035,838 
Total Information Technology

22,867,698 





Materials - 5.0%

Construction Materials - 0.2%




CRH PLC

            58

5,469 
Holcim AG

            2,853

250,729 




256,198 
Copper - 0.0% (c)




Freeport-McMoRan, Inc.

            1,031

78,088 





Diversified Chemicals - 0.2%




BASF SE

            5,199

319,941 





Diversified Metals & Mining - 1.8%




Anglo American PLC

            7,104

410,929 
BHP Group Ltd.

            9,112

432,459 
CMOC Group Ltd. - Class H

            92,976

199,867 
Glencore PLC

            55,468

447,646 
Grupo Mexico SAB de CV - Class B

            31,420

429,973 
Rio Tinto PLC

            3,767

391,701 
Zijin Mining Group Co. Ltd. - Class H

            59,785

279,306 




2,591,881 
Fertilizers & Agricultural Chemicals - 0.0% (c)




Corteva, Inc.

            259

21,919 





Gold Mining - 1.3%




Agnico Eagle Mines Ltd.

            1,467

297,676 
Anglogold Ashanti PLC

            2,885

322,559 
Barrick Mining Corp.

            7,044

315,924 
Franco-Nevada Corp.

            1,138

299,364 
Newmont Corp.

            2,134

269,012 
Wheaton Precious Metals Corp.

            2,550

384,336 




1,888,871 
Industrial Gases - 0.4%




Air Liquide SA

            1,423

280,230 
Air Products and Chemicals, Inc.

            8

2,475 
14

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
Linde PLC

            534

$261,436 




544,141 
Specialty Chemicals - 0.3%




Ecolab, Inc.

            20

5,664 
Sherwin-Williams Co.

            288

97,577 
Shin-Etsu Chemical Co. Ltd.

            8,965

338,005 




441,246 
Steel - 0.8%




Nucor Corp.

            4,516

1,127,374 
Total Materials

7,269,659 





Real Estate - 0.0% (c)

Real Estate Services - 0.0% (c)




CBRE Group, Inc. - Class A (a)

            20

2,916 





Utilities - 2.4%

Electric Utilities - 1.6%




American Electric Power Co., Inc.

            248

30,363 
Constellation Energy Corp.

            4,706

1,293,068 
Duke Energy Corp.

            264

31,656 
Enel SpA

            26,251

287,263 
Exelon Corp.

            87

3,804 
Iberdrola SA

            13,423

313,076 
NextEra Energy, Inc.

            3,155

259,783 
Southern Co.

            255

22,440 




2,241,453 
Independent Power Producers & Energy Traders - 0.4%




AES Corp.

            39,694

585,089 
Vistra Corp.

            18

2,473 




587,562 
Multi-Utilities - 0.4%




Dominion Energy, Inc.

            146

9,638 
National Grid PLC

            17,358

275,184 
Public Service Enterprise Group, Inc.

            449

32,925 
Sempra

            1,772

144,772 
WEC Energy Group, Inc.

            1,496

158,830 




621,349 
Total Utilities

3,450,364 
TOTAL COMMON STOCKS (Cost $78,220,074)

119,484,365 





EXCHANGE TRADED FUNDS - 15.2%

Invesco Exchange-Traded Fund Trust-Invesco S&P 500r Top 50 ETF

            22,900

1,431,021 
Invesco S&P 500 Equal Weight ETF

            3,242

711,262 
Invesco S&P 500 Low Volatility ETF

            110,941

8,286,183 
15

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)
Shares  

Value  
iShares Core MSCI EAFE ETF

            13,115

$1,314,910 
iShares Core S&P 500 ETF

            1,172

903,307 
iShares Core S&P Mid-Cap ETF

            7,804

588,032 
Schwab Emerging Markets Equity ETF

            5,820

215,340 
Schwab International Equity ETF

            31,659

893,417 
State Street SPDR S&P 500 ETF Trust

            1,957

1,501,117 
Vanguard FTSE Developed Markets ETF

            10,212

744,659 
Vanguard FTSE Emerging Markets ETF

            7,215

436,652 
Vanguard FTSE Europe ETF

            11,063

1,014,035 
Vanguard FTSE Pacific ETF

            4,071

469,997 
Vanguard Morningstar Total Stock Market ETF

            3,954

1,495,205 
Vanguard S&P 500 ETF

            1,194

841,639 
Vanguard Total International Stock ETF

            13,673

1,193,926 
TOTAL EXCHANGE TRADED FUNDS (Cost $16,565,920)

22,040,702 





REAL ESTATE INVESTMENT TRUSTS - 0.8%

Real Estate - 0.8%

Industrial REITs - 0.2%




Prologis, Inc.

            1,842

257,733 





Telecom Tower REITs - 0.1%




American Tower Corp.

            1,097

192,743 





Timber REITs - 0.5%




Weyerhaeuser Co.

            31,260

730,546 
Total Real Estate

1,181,022 
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $1,180,215)

1,181,022 





SHORT-TERM INVESTMENTS
MONEY MARKET FUNDS - 1.4%
First American Government Obligations Fund - Class X, 3.59% (d)

            2,009,326

2,009,326 
TOTAL MONEY MARKET FUNDS (Cost $2,009,326)

2,009,326 





TOTAL INVESTMENTS - 99.9% (Cost $97,975,535)

$144,715,415 
Other Assets in Excess of Liabilities - 0.1%
181,415 
TOTAL NET ASSETS - 100.0%



$144,896,830 

Percentages are stated as a percent of net assets.

ADR - American Depositary Receipt
REIT - Real Estate Investment Trust


16

CAMBRIA GLOBAL EW ETF
SCHEDULE OF INVESTMENTS
August 31, 2026 (Unaudited)

(a)
Non-income producing security.
(b)
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 August 31, 2026, the value of these securities total $815,550 or 0.6% of the Fund’s net assets.
(c)
Represents less than 0.05% of net assets.
(d)
The rate shown represents the 7-day annualized yield as of August 31, 2026.

The Global Industry Classification Standard (“GICS®”) was developed by and/or is the exclusive property of MSCI, Inc. (“MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.

17


CAMBRIA GLOBAL EW ETF

Summary of Fair Value Disclosure as of August 31, 2026 (Unaudited)
 
Cambria Global EW 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 August 31, 2026:
DESCRIPTIONLEVEL 1LEVEL 2LEVEL 3TOTAL
Investments:
Common Stocks
$119,484,365 

$— $— 

$119,484,365 
Exchange Traded Funds22,040,702 — — 22,040,702 
Real Estate Investment Trusts 1,181,022 — — 1,181,022 
Money Market Funds
2,009,326 

— — 

2,009,326 
Total Investments$144,715,415 

$— $— 

$144,715,415 
 
Refer to the Schedule of Investments for further disaggregation of investment categories.
During the fiscal period ended August 31, 2026, the Fund did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.

18