Cambria Investment Management 13FHR Quarterly holdings report by institutional manager | SEC 14 May 24

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABRDN GOLD ETF TRUST	PHYSCL GOLD SHS	00326A104	493,601	23,239	SH		SOLE		0	0	23,239
ACADEMY SPORTS & OUTDOORS IN	COM	00402L107	12,527,251	185,479	SH		OTR	1	0	0	185,479
ACADIA RLTY TR	COM SH BEN INT	004239109	321,829	18,920	SH		OTR	1	0	0	18,920
ACCO BRANDS CORP	COM	00081T108	265,420	47,312	SH		OTR	1	0	0	47,312
ACM RESH INC	COM CL A	00108J109	703,294	24,135	SH		OTR	1	0	0	24,135
ADTALEM GLOBAL ED INC	COM	00737L103	12,215,621	237,658	SH		OTR	1	0	0	237,658
AFC GAMMA INC	COM	00109K105	288,021	23,265	SH		OTR	1	0	0	23,265
AFFILIATED MANAGERS GROUP IN	COM	008252108	12,247,751	73,134	SH		OTR	1	0	0	73,134
AFLAC INC	COM	001055102	12,623,480	147,024	SH		OTR	1	0	0	147,024
ALLETE INC	COM NEW	018522300	273,092	4,579	SH		OTR	1	0	0	4,579
ALLY FINL INC	COM	02005N100	541,471	13,340	SH		OTR	1	0	0	13,340
ALPHA METALLURGICAL RESOUR I	COM	020764106	13,229,579	39,948	SH		OTR	1	0	0	39,948
ALTRIA GROUP INC	COM	02209S103	527,148	12,085	SH		OTR	1	0	0	12,085
AMERICAN EQTY INVT LIFE HLD	COM	025676206	844,256	15,017	SH		OTR	1	0	0	15,017
AMERICAN FINL GROUP INC OHIO	COM	025932104	12,221,784	89,550	SH		OTR	1	0	0	89,550
AMERICAN HOMES 4 RENT	CL A	02665T306	302,736	8,231	SH		OTR	1	0	0	8,231
AMERIPRISE FINL INC	COM	03076C106	12,235,107	27,906	SH		OTR	1	0	0	27,906
AMN HEALTHCARE SVCS INC	COM	001744101	12,483,810	199,709	SH		OTR	1	0	0	199,709
APA CORPORATION	COM	03743Q108	12,260,183	356,608	SH		OTR	1	0	0	356,608
APOGEE ENTERPRISES INC	COM	037598109	265,808	4,490	SH		OTR	1	0	0	4,490
APPLE HOSPITALITY REIT INC	COM NEW	03784Y200	301,638	18,415	SH		OTR	1	0	0	18,415
ARCBEST CORP	COM	03937C105	641,963	4,505	SH		OTR	1	0	0	4,505
ARCH RESOURCES INC	CL A	03940R107	409,371	2,546	SH		OTR	1	0	0	2,546
ARCTURUS THERAPEUTICS HLDGS	COM	03969T109	490,273	14,518	SH		OTR	1	0	0	14,518
ARROW ELECTRS INC	COM	042735100	12,163,285	93,954	SH		OTR	1	0	0	93,954
ASBURY AUTOMOTIVE GROUP INC	COM	043436104	276,570	1,173	SH		OTR	1	0	0	1,173
ASSURANT INC	COM	04621X108	443,870	2,358	SH		OTR	1	0	0	2,358
ASSURED GUARANTY LTD	COM	G0585R106	12,181,322	139,614	SH		OTR	1	0	0	139,614
AT&T INC	COM	00206R102	12,219,838	694,309	SH		OTR	1	0	0	694,309
ATKORE INC	COM	047649108	12,524,926	65,796	SH		OTR	1	0	0	65,796
AURORA CANNABIS INC	COM	05156X850	159,919	36,428	SH		OTR	1	0	0	36,428
AUTONATION INC	COM	05329W102	12,205,067	73,711	SH		OTR	1	0	0	73,711
AVALONBAY CMNTYS INC	COM	053484101	304,318	1,640	SH		OTR	1	0	0	1,640
BAIN CAP SPECIALTY FIN INC	COM STK	05684B107	258,940	16,514	SH		OTR	1	0	0	16,514
BANCORP INC DEL	COM	05969A105	752,348	22,485	SH		OTR	1	0	0	22,485
BEAZER HOMES USA INC	COM NEW	07556Q881	562,979	17,164	SH		OTR	1	0	0	17,164
BERRY CORP	COM	08579X101	270,078	33,550	SH		OTR	1	0	0	33,550
BERRY GLOBAL GROUP INC	COM	08579W103	12,240,124	202,383	SH		OTR	1	0	0	202,383
BEYOND INC	COM	690370101	569,066	15,847	SH		OTR	1	0	0	15,847
BLACKROCK TCP CAPITAL CORP	COM	09259E108	270,022	25,889	SH		OTR	1	0	0	25,889
BOISE CASCADE CO DEL	COM	09739D100	13,098,412	85,404	SH		OTR	1	0	0	85,404
BOSTON PROPERTIES INC	COM	101121101	333,081	5,100	SH		OTR	1	0	0	5,100
BRADY CORP	CL A	104674106	12,491,423	210,719	SH		OTR	1	0	0	210,719
BRANDYWINE RLTY TR	SH BEN INT NEW	105368203	333,509	69,481	SH		OTR	1	0	0	69,481
BRIGHTHOUSE FINL INC	COM	10922N103	273,987	5,316	SH		OTR	1	0	0	5,316
BRIXMOR PPTY GROUP INC	COM	11120U105	310,671	13,404	SH		OTR	1	0	0	13,404
BROADSTONE NET LEASE INC	COM	11135E203	316,189	20,178	SH		OTR	1	0	0	20,178
BRUNSWICK CORP	COM	117043109	12,296,358	127,397	SH		OTR	1	0	0	127,397
BUCKLE INC	COM	118440106	274,802	6,824	SH		OTR	1	0	0	6,824
BUILDERS FIRSTSOURCE INC	COM	12008R107	12,925,720	61,979	SH		OTR	1	0	0	61,979
CAL MAINE FOODS INC	COM NEW	128030202	12,537,227	213,037	SH		OTR	1	0	0	213,037
CALERES INC	COM	129500104	545,576	13,297	SH		OTR	1	0	0	13,297
CALIFORNIA RES CORP	COM STOCK	13057Q305	12,946,131	234,957	SH		OTR	1	0	0	234,957
CAMBRIA ETF TR	EMRG SHAREHLDR	132061706	1,019,412	30,394	SH		SOLE		0	0	30,394
CAMBRIA ETF TR	SHSHLD YIELD ETF	132061201	1,918,853	26,189	SH		SOLE		0	0	26,189
CAMBRIA ETF TR	CAMBRIA FGN SHR	132061300	951,901	35,243	SH		SOLE		0	0	35,243
CAMBRIA ETF TR	GLOBAL VALUE ETF	132061409	2,174,696	101,621	SH		SOLE		0	0	101,621
CAMBRIA ETF TR	GBL REAL EST ETF	132061813	857,903	34,945	SH		SOLE		0	0	34,945
CAMBRIA ETF TR	GLB MOMENT ETF	132061508	11,372,982	390,690	SH		SOLE		0	0	390,690
CAMBRIA ETF TR	VALUE MOMENTUM	132061888	2,574,455	86,189	SH		SOLE		0	0	86,189
CAMBRIA ETF TR	CAMBRIA FGN SHR	132061300	28,575,742	1,057,969	SH		OTR	1	0	0	1,057,969
CAMBRIA ETF TR	GBL REAL EST ETF	132061813	7,898,409	321,679	SH		OTR	1	0	0	321,679
CAMBRIA ETF TR	EMRG SHAREHLDR	132061706	31,084,502	926,789	SH		OTR	1	0	0	926,789
CAMBRIA ETF TR	TACTICAL YIELD E	132061789	7,368,650	292,639	SH		OTR	1	0	0	292,639
CAMBRIA ETF TR	GLOBAL VALUE ETF	132061409	18,325,933	856,352	SH		OTR	1	0	0	856,352
CAMBRIA ETF TR	MICRO & SMALLCAP	132061797	24,446,287	913,105	SH		OTR	1	0	0	913,105
CAMBRIA ETF TR	SHSHLD YIELD ETF	132061201	29,801,327	406,733	SH		OTR	1	0	0	406,733
CAMBRIA ETF TR	VALUE MOMENTUM	132061888	22,893,385	766,452	SH		OTR	1	0	0	766,452
CANOPY GROWTH CORP	COM NEW	138035704	119,370	13,832	SH		OTR	1	0	0	13,832
CAPITAL ONE FINL CORP	COM	14040H105	545,980	3,667	SH		OTR	1	0	0	3,667
CARDINAL HEALTH INC	COM	14149Y108	692,885	6,192	SH		OTR	1	0	0	6,192
CARETRUST REIT INC	COM	14174T107	305,454	12,534	SH		OTR	1	0	0	12,534
CARLYLE SECURED LENDING INC	COM	872280102	262,450	16,121	SH		OTR	1	0	0	16,121
CARTERS INC	COM	146229109	12,482,086	147,403	SH		OTR	1	0	0	147,403
CATHAY GEN BANCORP	COM	149150104	268,026	7,085	SH		OTR	1	0	0	7,085
CENTURY CMNTYS INC	COM	156504300	673,956	6,984	SH		OTR	1	0	0	6,984
CF INDS HLDGS INC	COM	125269100	12,261,826	147,360	SH		OTR	1	0	0	147,360
CHATHAM LODGING TR	COM	16208T102	306,940	30,360	SH		OTR	1	0	0	30,360
CHESAPEAKE ENERGY CORP	COM	165167735	12,239,975	137,791	SH		OTR	1	0	0	137,791
CHEVRON CORP NEW	COM	166764100	12,219,802	77,468	SH		OTR	1	0	0	77,468
CHORD ENERGY CORPORATION	COM NEW	674215207	12,946,819	72,637	SH		OTR	1	0	0	72,637
CION INVT CORP	COM	17259U204	270,369	24,579	SH		OTR	1	0	0	24,579
CNO FINL GROUP INC	COM	12621E103	268,919	9,786	SH		OTR	1	0	0	9,786
CNX RES CORP	COM	12653C108	12,939,568	545,513	SH		OTR	1	0	0	545,513
COMCAST CORP NEW	CL A	20030N101	12,261,114	282,840	SH		OTR	1	0	0	282,840
CONOCOPHILLIPS	COM	20825C104	12,215,316	95,972	SH		OTR	1	0	0	95,972
CONSOL ENERGY INC NEW	COM	20854L108	13,169,836	157,233	SH		OTR	1	0	0	157,233
CONSTELLATION BRANDS INC	CL A	21036P108	211,158	777	SH		OTR	1	0	0	777
COREBRIDGE FINL INC	COM	21871X109	531,649	18,505	SH		OTR	1	0	0	18,505
CORECIVIC INC	COM	21871N101	454,829	29,137	SH		OTR	1	0	0	29,137
COTERRA ENERGY INC	COM	127097103	12,246,346	439,252	SH		OTR	1	0	0	439,252
COUSINS PPTYS INC	COM NEW	222795502	309,948	12,893	SH		OTR	1	0	0	12,893
CRONOS GROUP INC	COM	22717L101	571,731	219,054	SH		OTR	1	0	0	219,054
CUSTOMERS BANCORP INC	COM	23204G100	381,820	7,196	SH		OTR	1	0	0	7,196
CVR ENERGY INC	COM	12662P108	12,424,515	348,416	SH		OTR	1	0	0	348,416
D R HORTON INC	COM	23331A109	744,589	4,525	SH		OTR	1	0	0	4,525
DELUXE CORP	COM	248019101	268,370	13,034	SH		OTR	1	0	0	13,034
DESIGNER BRANDS INC	CL A	250565108	533,144	48,778	SH		OTR	1	0	0	48,778
DEVON ENERGY CORP NEW	COM	25179M103	12,240,508	243,932	SH		OTR	1	0	0	243,932
DIAMONDROCK HOSPITALITY CO	COM	252784301	308,289	32,080	SH		OTR	1	0	0	32,080
DILLARDS INC	CL A	254067101	12,555,528	26,621	SH		OTR	1	0	0	26,621
DISCOVER FINL SVCS	COM	254709108	12,259,144	93,517	SH		OTR	1	0	0	93,517
DNOW INC	COM	67011P100	558,798	36,763	SH		OTR	1	0	0	36,763
DORIAN LPG LTD	SHS USD	Y2106R110	276,143	7,180	SH		OTR	1	0	0	7,180
DOUGLAS EMMETT INC	COM	25960P109	330,342	23,817	SH		OTR	1	0	0	23,817
DOW INC	COM	260557103	12,225,142	211,033	SH		OTR	1	0	0	211,033
DUPONT DE NEMOURS INC	COM	26614N102	12,201,187	159,139	SH		OTR	1	0	0	159,139
DXC TECHNOLOGY CO	COM	23355L106	12,561,071	592,224	SH		OTR	1	0	0	592,224
EA SERIES TRUST	US QUAN MOMENTUM	02072L409	2,519,918	42,631	SH		OTR	1	0	0	42,631
EA SERIES TRUST	INTL QUAN MOMNTM	02072L300	1,094,079	37,507	SH		OTR	1	0	0	37,507
EA SERIES TRUST	ALPHA ARCH 1-3	02072L565	1,591,470	14,949	SH		OTR	1	0	0	14,949
EASTGROUP PPTYS INC	COM	277276101	303,092	1,686	SH		OTR	1	0	0	1,686
EASTMAN CHEM CO	COM	277432100	12,212,509	121,857	SH		OTR	1	0	0	121,857
EDGEWELL PERS CARE CO	COM	28035Q102	271,021	7,014	SH		OTR	1	0	0	7,014
ELME COMMUNITIES	SH BEN INT	939653101	318,768	22,900	SH		OTR	1	0	0	22,900
EMCOR GROUP INC	COM	29084Q100	960,599	2,743	SH		OTR	1	0	0	2,743
EMPIRE ST RLTY TR INC	CL A	292104106	321,111	31,699	SH		OTR	1	0	0	31,699
EMPLOYERS HLDGS INC	COM	292218104	268,800	5,922	SH		OTR	1	0	0	5,922
ENACT HLDGS INC	COM	29249E109	270,798	8,685	SH		OTR	1	0	0	8,685
ENCORE WIRE CORP	COM	292562105	13,307,968	50,643	SH		OTR	1	0	0	50,643
ENOVA INTL INC	COM	29357K103	618,436	9,843	SH		OTR	1	0	0	9,843
EOG RES INC	COM	26875P101	12,223,166	95,613	SH		OTR	1	0	0	95,613
EPLUS INC	COM	294268107	544,675	6,935	SH		OTR	1	0	0	6,935
EPR PPTYS	COM SH BEN INT	26884U109	300,249	7,073	SH		OTR	1	0	0	7,073
EQUITY COMWLTH	COM SH BEN INT	294628102	302,099	16,001	SH		OTR	1	0	0	16,001
EQUITY RESIDENTIAL	SH BEN INT	29476L107	305,516	4,841	SH		OTR	1	0	0	4,841
ETHAN ALLEN INTERIORS INC	COM	297602104	12,541,823	362,795	SH		OTR	1	0	0	362,795
EXXON MOBIL CORP	COM	30231G102	12,208,571	105,029	SH		OTR	1	0	0	105,029
FEDERATED HERMES INC	CL B	314211103	12,230,593	338,610	SH		OTR	1	0	0	338,610
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	418,694	7,885	SH		OTR	1	0	0	7,885
FIRST BUSEY CORP	COM NEW	319383204	275,709	11,464	SH		OTR	1	0	0	11,464
FIRST CTZNS BANCSHARES INC N	CL A	31946M103	485,595	297	SH		OTR	1	0	0	297
FIRST TR EXCHANGE-TRADED FD	MNGD FUTRS STRGY	33739G103	3,313,206	65,511	SH		OTR	1	0	0	65,511
FOOT LOCKER INC	COM	344849104	280,355	9,837	SH		OTR	1	0	0	9,837
FOX CORP	CL A COM	35137L105	12,253,931	391,875	SH		OTR	1	0	0	391,875
FRANKLIN STR PPTYS CORP	COM	35471R106	298,160	131,348	SH		OTR	1	0	0	131,348
G III APPAREL GROUP LTD	COM	36237H101	332,890	11,475	SH		OTR	1	0	0	11,475
GENCO SHIPPING & TRADING LTD	SHS	Y2685T131	271,670	13,363	SH		OTR	1	0	0	13,363
GENWORTH FINL INC	COM CL A	37247D106	269,745	41,951	SH		OTR	1	0	0	41,951
GMS INC	COM	36251C103	794,586	8,163	SH		OTR	1	0	0	8,163
GOLDMAN SACHS BDC INC	SHS	38147U107	258,570	17,261	SH		OTR	1	0	0	17,261
GRANITESHARES GOLD TR	SHS BEN INT	38748G101	1,858,541	84,633	SH		OTR	1	0	0	84,633
GREEN BRICK PARTNERS INC	COM	392709101	799,071	13,267	SH		OTR	1	0	0	13,267
GREENBRIER COS INC	COM	393657101	272,327	5,227	SH		OTR	1	0	0	5,227
GREIF INC	CL A	397624107	12,276,123	177,786	SH		OTR	1	0	0	177,786
GROWGENERATION CORP	COM	39986L109	204,805	71,610	SH		OTR	1	0	0	71,610
GULFPORT ENERGY CORP	COMMON SHARES	402635502	881,300	5,504	SH		OTR	1	0	0	5,504
HARTFORD FINL SVCS GROUP INC	COM	416515104	557,294	5,408	SH		OTR	1	0	0	5,408
HAVERTY FURNITURE COS INC	COM	419596101	12,367,374	362,467	SH		OTR	1	0	0	362,467
HELMERICH & PAYNE INC	COM	423452101	267,838	6,368	SH		OTR	1	0	0	6,368
HIGHWOODS PPTYS INC	COM	431284108	321,805	12,292	SH		OTR	1	0	0	12,292
HIRERIGHT HOLDINGS CORPORATI	COM	433537107	264,709	18,550	SH		OTR	1	0	0	18,550
HORACE MANN EDUCATORS CORP N	COM	440327104	271,470	7,339	SH		OTR	1	0	0	7,339
HOST HOTELS & RESORTS INC	COM	44107P104	304,823	14,740	SH		OTR	1	0	0	14,740
HUDSON PAC PPTYS INC	COM	444097109	315,411	48,901	SH		OTR	1	0	0	48,901
HUNTSMAN CORP	COM	447011107	12,267,705	471,291	SH		OTR	1	0	0	471,291
HYDROFARM HLDGS GROUP INC	COM	44888K209	141,099	130,647	SH		OTR	1	0	0	130,647
IMMERSION CORP	COM	452521107	257,484	34,423	SH		OTR	1	0	0	34,423
INNOVATIVE INDL PPTYS INC	COM	45781V101	798,708	7,714	SH		OTR	1	0	0	7,714
INNOVIVA INC	COM	45781M101	267,432	17,548	SH		OTR	1	0	0	17,548
INSIGHT ENTERPRISES INC	COM	45765U103	497,750	2,683	SH		OTR	1	0	0	2,683
INSTEEL INDS INC	COM	45774W108	828,037	21,665	SH		OTR	1	0	0	21,665
INTERCURE LTD	COM NEW	M549GJ111	148,186	54,681	SH		OTR	1	0	0	54,681
INTERDIGITAL INC	COM	45867G101	432,760	4,065	SH		OTR	1	0	0	4,065
INTERNATIONAL BANCSHARES COR	COM	459044103	274,805	4,895	SH		OTR	1	0	0	4,895
INTERNATIONAL PAPER CO	COM	460146103	12,237,882	313,631	SH		OTR	1	0	0	313,631
INTERNATIONAL SEAWAYS INC	COM	Y41053102	267,596	5,030	SH		OTR	1	0	0	5,030
INVENTRUST PPTYS CORP	COM NEW	46124J201	307,620	11,965	SH		OTR	1	0	0	11,965
INVESCO ACTVELY MNGD ETC FD	OPTIMUM YIELD	46090F100	355,667	25,643	SH		SOLE		0	0	25,643
INVESCO ACTVELY MNGD ETC FD	OPTIMUM YIELD	46090F100	7,659,694	552,249	SH		OTR	1	0	0	552,249
INVESCO EXCH TRADED FD TR II	FTSE RAFI DEV	46138E743	268,490	5,408	SH		SOLE		0	0	5,408
INVESCO EXCH TRADED FD TR II	EMRNG MKT SVRG	46138E784	10,886,132	532,069	SH		OTR	1	0	0	532,069
ISHARES TR	NATIONAL MUN ETF	464288414	1,317,991	12,249	SH		SOLE		0	0	12,249
ISHARES TR	7-10 YR TRSY BD	464287440	597,337	6,327	SH		OTR	1	0	0	6,327
ISHARES TR	TIPS BD ETF	464287176	583,027	5,441	SH		OTR	1	0	0	5,441
ISHARES TR	GLOBAL TECH ETF	464287291	10,824,334	144,691	SH		OTR	1	0	0	144,691
ISHARES TR	GLOB INDSTRL ETF	464288729	11,110,104	79,534	SH		OTR	1	0	0	79,534
J P MORGAN EXCHANGE TRADED F	USD EMRNG MKT	46641Q746	4,862,309	124,364	SH		OTR	1	0	0	124,364
JABIL INC	COM	466313103	513,832	3,836	SH		OTR	1	0	0	3,836
JACKSON FINANCIAL INC	COM CL A	46817M107	777,608	11,757	SH		OTR	1	0	0	11,757
JAZZ PHARMACEUTICALS PLC	SHS USD	G50871105	528,885	4,392	SH		OTR	1	0	0	4,392
JEFFERIES FINL GROUP INC	COM	47233W109	12,194,356	276,516	SH		OTR	1	0	0	276,516
KB HOME	COM	48666K109	13,021,153	183,707	SH		OTR	1	0	0	183,707
KELLY SVCS INC	CL A	488152208	267,052	10,665	SH		OTR	1	0	0	10,665
KENNAMETAL INC	COM	489170100	272,245	10,916	SH		OTR	1	0	0	10,916
KILROY RLTY CORP	COM	49427F108	315,557	8,662	SH		OTR	1	0	0	8,662
KRAFT HEINZ CO	COM	500754106	12,252,461	332,045	SH		OTR	1	0	0	332,045
KRANESHARES TRUST	KFA MOUNT LUCAS	500767652	1,115,315	37,314	SH		OTR	1	0	0	37,314
KRONOS WORLDWIDE INC	COM	50105F105	261,936	22,198	SH		OTR	1	0	0	22,198
LA Z BOY INC	COM	505336107	413,782	10,999	SH		OTR	1	0	0	10,999
LANDSEA HOMES CORP	COM	51509P103	281,373	19,365	SH		OTR	1	0	0	19,365
LENNAR CORP	CL A	526057104	728,163	4,234	SH		OTR	1	0	0	4,234
LIBERTY ENERGY INC	COM CL A	53115L104	724,537	34,968	SH		OTR	1	0	0	34,968
LINCOLN NATL CORP IND	COM	534187109	12,500,595	391,500	SH		OTR	1	0	0	391,500
LITMAN GREGORY FDS TR	IMGP DBI MANAGED	53700T827	3,433,598	119,721	SH		OTR	1	0	0	119,721
LITMAN GREGORY FDS TR	IMGP DBI MANAGED	53700T827	62,655	2,185	SH		SOLE		0	0	2,185
LOEWS CORP	COM	540424108	12,920,668	165,036	SH		OTR	1	0	0	165,036
LSB INDS INC	COM	502160104	287,642	32,761	SH		OTR	1	0	0	32,761
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	12,236,984	119,642	SH		OTR	1	0	0	119,642
M D C HLDGS INC	COM	552676108	539,202	8,571	SH		OTR	1	0	0	8,571
M/I HOMES INC	COM	55305B101	918,595	6,740	SH		OTR	1	0	0	6,740
MADDEN STEVEN LTD	COM	556269108	275,581	6,518	SH		OTR	1	0	0	6,518
MAGNOLIA OIL & GAS CORP	CL A	559663109	12,310,550	474,395	SH		OTR	1	0	0	474,395
MANPOWERGROUP INC WIS	COM	56418H100	12,554,854	161,706	SH		OTR	1	0	0	161,706
MARATHON OIL CORP	COM	565849106	12,261,443	432,655	SH		OTR	1	0	0	432,655
MARATHON PETE CORP	COM	56585A102	13,101,128	65,018	SH		OTR	1	0	0	65,018
MARQETA INC	CLASS A COM	57142B104	268,999	45,134	SH		OTR	1	0	0	45,134
MASTERBRAND INC	COMMON STOCK	57638P104	548,801	29,285	SH		OTR	1	0	0	29,285
MATSON INC	COM	57686G105	13,013,335	115,777	SH		OTR	1	0	0	115,777
MCKESSON CORP	COM	58155Q103	685,557	1,277	SH		OTR	1	0	0	1,277
MERCURY GENL CORP NEW	COM	589400100	554,597	10,748	SH		OTR	1	0	0	10,748
MERITAGE HOMES CORP	COM	59001A102	670,784	3,823	SH		OTR	1	0	0	3,823
METALLUS INC	COM	887399103	763,665	34,322	SH		OTR	1	0	0	34,322
METLIFE INC	COM	59156R108	12,224,370	164,949	SH		OTR	1	0	0	164,949
MGIC INVT CORP WIS	COM	552848103	811,936	36,312	SH		OTR	1	0	0	36,312
MILLERKNOLL INC	COM	600544100	640,467	25,867	SH		OTR	1	0	0	25,867
MOSAIC CO NEW	COM	61945C103	12,270,594	378,022	SH		OTR	1	0	0	378,022
MR COOPER GROUP INC	COM	62482R107	13,321,811	170,902	SH		OTR	1	0	0	170,902
MUELLER INDS INC	COM	624756102	828,904	15,370	SH		OTR	1	0	0	15,370
NAVIENT CORPORATION	COM	63938C108	268,030	15,404	SH		OTR	1	0	0	15,404
NEWPARK RES INC	COM PAR $.01NEW	651718504	263,436	36,487	SH		OTR	1	0	0	36,487
NEXSTAR MEDIA GROUP INC	COMMON STOCK	65336K103	269,806	1,566	SH		OTR	1	0	0	1,566
NUCOR CORP	COM	670346105	13,081,388	66,101	SH		OTR	1	0	0	66,101
OLIN CORP	COM PAR $1	680665205	12,200,588	207,493	SH		OTR	1	0	0	207,493
OLYMPIC STEEL INC	COM	68162K106	566,473	7,992	SH		OTR	1	0	0	7,992
OMEGA HEALTHCARE INVS INC	COM	681936100	303,620	9,587	SH		OTR	1	0	0	9,587
ORION OFFICE REIT INC	COM	68629Y103	340,196	96,922	SH		OTR	1	0	0	96,922
OSCAR HEALTH INC	CL A	687793109	594,265	39,964	SH		OTR	1	0	0	39,964
OVERSEAS SHIPHOLDING GROUP I	CL A NEW	69036R863	268,915	42,018	SH		OTR	1	0	0	42,018
OWENS CORNING NEW	COM	690742101	12,739,350	76,375	SH		OTR	1	0	0	76,375
PANGAEA LOGISTICS SOLUTION L	SHS	G6891L105	271,732	38,986	SH		OTR	1	0	0	38,986
PARAMOUNT GROUP INC	COM	69924R108	329,276	70,208	SH		OTR	1	0	0	70,208
PARK HOTELS & RESORTS INC	COM	700517105	304,326	17,400	SH		OTR	1	0	0	17,400
PATHWARD FINANCIAL INC	COM	59100U108	270,522	5,359	SH		OTR	1	0	0	5,359
PATRICK INDS INC	COM	703343103	988,853	8,277	SH		OTR	1	0	0	8,277
PATTERSON COS INC	COM	703395103	270,472	9,782	SH		OTR	1	0	0	9,782
PBF ENERGY INC	CL A	69318G106	12,252,681	212,831	SH		OTR	1	0	0	212,831
PEABODY ENERGY CORP	COM	704551100	12,460,640	513,629	SH		OTR	1	0	0	513,629
PEBBLEBROOK HOTEL TR	COM	70509V100	291,249	18,900	SH		OTR	1	0	0	18,900
PENNANTPARK INVT CORP	COM	708062104	270,212	39,275	SH		OTR	1	0	0	39,275
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	12,187,642	75,237	SH		OTR	1	0	0	75,237
PERDOCEO ED CORP	COM	71363P106	866,076	49,321	SH		OTR	1	0	0	49,321
PERMIAN RESOURCES CORP	CLASS A COM	71424F105	770,259	43,616	SH		OTR	1	0	0	43,616
PHILIP MORRIS INTL INC	COM	718172109	525,807	5,739	SH		OTR	1	0	0	5,739
PHILLIPS 66	COM	718546104	12,751,464	78,067	SH		OTR	1	0	0	78,067
PHOTRONICS INC	COM	719405102	666,455	23,533	SH		OTR	1	0	0	23,533
PIEDMONT OFFICE REALTY TR IN	COM CL A	720190206	338,846	48,200	SH		OTR	1	0	0	48,200
PIONEER NAT RES CO	COM	723787107	12,260,850	46,708	SH		OTR	1	0	0	46,708
PLAINS GP HLDGS L P	LTD PARTNR INT A	72651A207	12,259,730	671,766	SH		OTR	1	0	0	671,766
PRIMERICA INC	COM	74164M108	509,967	2,016	SH		OTR	1	0	0	2,016
PRINCIPAL FINANCIAL GROUP IN	COM	74251V102	12,204,061	141,398	SH		OTR	1	0	0	141,398
PROG HOLDINGS INC	COM NPV	74319R101	12,504,648	363,085	SH		OTR	1	0	0	363,085
PROTO LABS INC	COM	743713109	272,093	7,611	SH		OTR	1	0	0	7,611
PULTE GROUP INC	COM	745867101	13,170,377	109,189	SH		OTR	1	0	0	109,189
PVH CORPORATION	COM	693656100	12,926,980	91,935	SH		OTR	1	0	0	91,935
RADIAN GROUP INC	COM	750236101	761,844	22,762	SH		OTR	1	0	0	22,762
RAMACO RES INC	COM CL A	75134P600	421,152	25,009	SH		OTR	1	0	0	25,009
REGENCY CTRS CORP	COM	758849103	297,652	4,915	SH		OTR	1	0	0	4,915
REINSURANCE GRP OF AMERICA I	COM NEW	759351604	482,586	2,502	SH		OTR	1	0	0	2,502
RELIANCE INC	COM	759509102	690,082	2,065	SH		OTR	1	0	0	2,065
REMITLY GLOBAL INC	COM	75960P104	433,217	20,888	SH		OTR	1	0	0	20,888
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	300,821	23,465	SH		OTR	1	0	0	23,465
REV GROUP INC	COM	749527107	13,462,353	609,432	SH		OTR	1	0	0	609,432
REXFORD INDL RLTY INC	COM	76169C100	286,710	5,700	SH		OTR	1	0	0	5,700
RLJ LODGING TR	COM	74965L101	299,046	25,300	SH		OTR	1	0	0	25,300
ROBINHOOD MKTS INC	COM CL A	770700102	549,911	27,318	SH		OTR	1	0	0	27,318
RYDER SYS INC	COM	783549108	12,217,674	101,653	SH		OTR	1	0	0	101,653
RYERSON HLDG CORP	COM	783754104	12,459,254	371,918	SH		OTR	1	0	0	371,918
SABRA HEALTH CARE REIT INC	COM	78573L106	321,779	21,786	SH		OTR	1	0	0	21,786
SAUL CTRS INC	COM	804395101	302,262	7,853	SH		OTR	1	0	0	7,853
SCHOLASTIC CORP	COM	807066105	261,330	6,930	SH		OTR	1	0	0	6,930
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	776,469	14,886	SH		SOLE		0	0	14,886
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	3,566,235	68,551	SH		OTR	1	0	0	68,551
SCOTTS MIRACLE-GRO CO	CL A	810186106	215,043	2,883	SH		OTR	1	0	0	2,883
SIMPLIFY EXCHANGE TRADED FUN	MANAGED FUTURES	82889N699	1,068,883	42,841	SH		OTR	1	0	0	42,841
SINCLAIR INC	CL A	829242106	284,338	21,109	SH		OTR	1	0	0	21,109
SITE CTRS CORP	COM	82981J109	316,499	21,604	SH		OTR	1	0	0	21,604
SKYWARD SPECIALTY INS GROUP	COM	830940102	553,855	14,805	SH		OTR	1	0	0	14,805
SKYWEST INC	COM	830879102	912,685	13,212	SH		OTR	1	0	0	13,212
SLM CORP	COM	78442P106	12,558,384	576,337	SH		OTR	1	0	0	576,337
SM ENERGY CO	COM	78454L100	13,152,474	263,841	SH		OTR	1	0	0	263,841
SNDL INC	COM	83307B101	464,743	231,792	SH		OTR	1	0	0	231,792
SOLO BRANDS INC	COM CL A	83425V104	280,893	129,444	SH		OTR	1	0	0	129,444
SPDR SER TR	FTSE INT GVT ETF	78464A490	3,432,026	86,224	SH		OTR	1	0	0	86,224
SPOK HLDGS INC	COM	84863T106	266,556	16,712	SH		OTR	1	0	0	16,712
STAG INDL INC	COM	85254J102	307,866	8,009	SH		OTR	1	0	0	8,009
STEEL DYNAMICS INC	COM	858119100	12,904,608	87,058	SH		OTR	1	0	0	87,058
STERLING INFRASTRUCTURE INC	COM	859241101	782,098	7,090	SH		OTR	1	0	0	7,090
STURM RUGER & CO INC	COM	864159108	265,363	5,750	SH		OTR	1	0	0	5,750
SUNSTONE HOTEL INVS INC NEW	COM	867892101	296,469	26,613	SH		OTR	1	0	0	26,613
SYLVAMO CORP	COMMON STOCK	871332102	12,423,755	201,227	SH		OTR	1	0	0	201,227
SYNCHRONY FINANCIAL	COM	87165B103	12,765,158	296,038	SH		OTR	1	0	0	296,038
TANGER INC	COM	875465106	296,481	10,040	SH		OTR	1	0	0	10,040
TAPESTRY INC	COM	876030107	12,262,232	258,261	SH		OTR	1	0	0	258,261
TAYLOR MORRISON HOME CORP	COM	87724P106	710,976	11,436	SH		OTR	1	0	0	11,436
TD SYNNEX CORPORATION	COM	87162W100	12,229,051	108,126	SH		OTR	1	0	0	108,126
TEGNA INC	COM	87901J105	274,074	18,345	SH		OTR	1	0	0	18,345
TELEPHONE & DATA SYS INC	COM NEW	879433829	404,906	25,275	SH		OTR	1	0	0	25,275
TEXTRON INC	COM	883203101	12,189,537	127,067	SH		OTR	1	0	0	127,067
THE ODP CORP	COM	88337F105	12,514,972	235,909	SH		OTR	1	0	0	235,909
THOR INDS INC	COM	885160101	556,074	4,739	SH		OTR	1	0	0	4,739
TIDAL TR II	GRIZZLE GROWTH E	88636J857	11,195,100	378,356	SH		OTR	1	0	0	378,356
TILRAY BRANDS INC	COM	88688T100	502,998	203,643	SH		OTR	1	0	0	203,643
TOLL BROTHERS INC	COM	889478103	13,146,580	101,620	SH		OTR	1	0	0	101,620
TRAVEL PLUS LEISURE CO	COM	894164102	12,663,260	258,645	SH		OTR	1	0	0	258,645
TRI POINTE HOMES INC	COM	87265H109	438,443	11,341	SH		OTR	1	0	0	11,341
TURNING PT BRANDS INC	COM	90041L105	528,982	18,054	SH		OTR	1	0	0	18,054
UFP INDUSTRIES INC	COM	90278Q108	391,541	3,183	SH		OTR	1	0	0	3,183
UNDER ARMOUR INC	CL C	904311206	12,543,645	1,756,813	SH		OTR	1	0	0	1,756,813
UNITED STATES STL CORP NEW	COM	912909108	336,190	8,244	SH		OTR	1	0	0	8,244
UNIVERSAL CORP VA	COM	913456109	364,678	7,051	SH		OTR	1	0	0	7,051
UNIVERSAL HLTH SVCS INC	CL B	913903100	12,183,402	66,773	SH		OTR	1	0	0	66,773
UNIVERSAL INS HLDGS INC	COM	91359V107	273,182	13,444	SH		OTR	1	0	0	13,444
UPBOUND GROUP INC	COM	76009N100	696,384	19,778	SH		OTR	1	0	0	19,778
URBAN OUTFITTERS INC	COM	917047102	516,915	11,905	SH		OTR	1	0	0	11,905
URBAN-GRO INC	COM NEW	91704K202	73,570	53,701	SH		OTR	1	0	0	53,701
VALERO ENERGY CORP	COM	91913Y100	12,246,154	71,745	SH		OTR	1	0	0	71,745
VANECK BITCOIN TR	SH BEN INT	92189K105	7,597,111	94,562	SH		OTR	1	0	0	94,562
VANECK ETF TRUST	INTERNATIONAL HI	92189F445	1,017,896	49,207	SH		OTR	1	0	0	49,207
VANECK ETF TRUST	EMERGING MRKT HI	92189F353	2,027,116	106,243	SH		OTR	1	0	0	106,243
VANECK ETF TRUST	GOLD MINERS ETF	92189F106	497,351	15,729	SH		OTR	1	0	0	15,729
VANECK ETF TRUST	JP MRGAN EM LOC	92189H300	899,480	36,699	SH		SOLE		0	0	36,699
VANECK ETF TRUST	JP MRGAN EM LOC	92189H300	5,272,763	215,127	SH		OTR	1	0	0	215,127
VANGUARD BD INDEX FDS	TOTAL BND MRKT	921937835	1,022,814	14,083	SH		SOLE		0	0	14,083
VANGUARD BD INDEX FDS	TOTAL BND MRKT	921937835	6,376,315	88,037	SH		OTR	1	0	0	88,037
VANGUARD CHARLOTTE FDS	TOTAL INT BD ETF	92203J407	38,124	775	SH		SOLE		0	0	775
VANGUARD CHARLOTTE FDS	TOTAL INT BD ETF	92203J407	2,993,794	60,975	SH		OTR	1	0	0	60,975
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	8,857	46	SH		SOLE		0	0	46
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	11,279,666	58,785	SH		OTR	1	0	0	58,785
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	233,654	4,879	SH		SOLE		0	0	4,879
VANGUARD MUN BD FDS	TAX EXEMPT BD	922907746	374,063	7,393	SH		SOLE		0	0	7,393
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	1,028,261	13,340	SH		OTR	1	0	0	13,340
VANGUARD SCOTTSDALE FDS	LONG TERM TREAS	92206C847	982,901	16,648	SH		OTR	1	0	0	16,648
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	1,516,877	18,910	SH		OTR	1	0	0	18,910
VANGUARD SCOTTSDALE FDS	INTER TERM TREAS	92206C706	7,560,224	129,455	SH		OTR	1	0	0	129,455
VERIZON COMMUNICATIONS INC	COM	92343V104	12,207,758	290,938	SH		OTR	1	0	0	290,938
VIATRIS INC	COM	92556V106	12,384,168	1,037,200	SH		OTR	1	0	0	1,037,200
VICTORY CAP HLDGS INC	COM CL A	92645B103	12,278,860	289,391	SH		OTR	1	0	0	289,391
VILLAGE FARMS INTL INC	COM	92707Y108	143,547	115,764	SH		OTR	1	0	0	115,764
VISTRA CORP	COM	92840M102	766,916	11,011	SH		OTR	1	0	0	11,011
VORNADO RLTY TR	SH BEN INT	929042109	347,283	12,071	SH		OTR	1	0	0	12,071
WABASH NATL CORP	COM	929566107	12,763,332	426,297	SH		OTR	1	0	0	426,297
WARRIOR MET COAL INC	COM	93627C101	681,722	11,231	SH		OTR	1	0	0	11,231
WELLTOWER INC	COM	95040Q104	303,773	3,251	SH		OTR	1	0	0	3,251
WESTAMERICA BANCORPORATION	COM	957090103	273,924	5,604	SH		OTR	1	0	0	5,604
WESTERN UN CO	COM	959802109	12,593,212	900,802	SH		OTR	1	0	0	900,802
WHIRLPOOL CORP	COM	963320106	12,266,741	102,539	SH		OTR	1	0	0	102,539
WHITESTONE REIT	COM	966084204	313,857	25,091	SH		OTR	1	0	0	25,091
WILLIAMS SONOMA INC	COM	969904101	611,563	1,926	SH		OTR	1	0	0	1,926
WISDOMTREE TR	FUTRE STRAT FD	97717W125	2,951,020	78,694	SH		SOLE		0	0	78,694
WISDOMTREE TR	WISDOMTREE US VA	97717W547	228,917	3,028	SH		SOLE		0	0	3,028
WISDOMTREE TR	FUTRE STRAT FD	97717W125	10,973,176	292,618	SH		OTR	1	0	0	292,618
WM TECHNOLOGY INC	COM	92971A109	117,025	87,989	SH		OTR	1	0	0	87,989
WORTHINGTON ENTERPRISES INC	COM	981811102	519,932	8,355	SH		OTR	1	0	0	8,355
XEROX HOLDINGS CORP	COM NEW	98421M106	12,604,607	704,168	SH		OTR	1	0	0	704,168

Cambria Investment Management 13F-HRQuarterly holdings report by institutional manager