Cambria Global Asset Allocation

GAA • BATS

Cambria Global Asset Allocation is an exchange-traded fund on BATS. As of Q3 2025, 20 institutional investors hold shares in this ETF, with total holdings valued at $23.9M. LPL Financial LLC is the largest holder with a position valued at $8.7M.

Overview

Overview of institutional ownership in GAA as of Q3 2025

All Institutions

Institutions: 20
Value Held: $23.9M
Shares Held: 755.9K
Avg Position: $1.2M
Median Position: $213.3K

Hedge Funds

Hedge Funds: 1
Value Held: $268.4K
Shares Held: 8.5K
Avg Position: $268.4K
Median Position: $268.4K

Biggest Investors

Institutions with the largest positions in GAA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
L LPL Financial LLC Institution	-	$8.7M 0.00% of portfolio	275.5K shares	Q4 2022 Held for 2y 11m	$340.07B
A Austin Wealth Management, LLC RIA/Wealth	Derek David Ripp Managing Partner	$7.2M 1.14% of portfolio	227.5K shares	Q3 2023 Held for 2y 2m	$633.6M
INTL FCSTONE INC. Institution	Philip Smith CEO	$2.2M 0.10% of portfolio	70.8K shares	Q2 2025 Held for 5 months	$2.2B
Professional Financial Advisors, LLC RIA/Wealth	Kam-Lin Kok President	$1.6M 0.33% of portfolio	50.2K shares	Q4 2022 Held for 2y 11m	$475.2M
ENTREWEALTH, LLC RIA/Wealth	Jeffrey Edward Socha President	$1.2M 0.64% of portfolio	39.1K shares	Q4 2024 Held for 11 months	$191.8M
J JANE STREET GROUP, LLC Institution	-	$938.7K 0.00% of portfolio	29.7K shares	Q3 2025 Held for 2 months	$84.1B
IFG Advisory, LLC RIA/Wealth	John Land Bridgers CEO	$607.1K 0.03% of portfolio	19.2K shares	Q1 2023 Held for 2y 8m	$2.2B
B Beacon Financial Advisory LLC RIA/Wealth	Chad M Lackey Owner	$494.9K 0.12% of portfolio	15.7K shares	Q4 2022 Held for 2y 11m	$428.4M
Cohalo Advisory LLC Hedge Fund•Quant Macro	Colton Loder CCO	$268.4K 21.38% of portfolio	8.5K shares	Q4 2024 Held for 11 months	$1.3M
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$219.3K 0.00% of portfolio	6.9K shares	Q4 2024 Held for 11 months	$67.9B

Net Capital Flow

Institutional buying and selling activity for GAA in Q3 2025

Traded: −$427.3K
Buyers: 9
Sellers: 7
Total Bought: +$1.3M
Total Sold: −$1.8M
Avg Position: $996.0K

Biggest Buyers

Institution	Net Bought	Current Position
J JANE STREET GROUP, LLC Institution	+$938.7K +29.7K shares	$938.7K 29.7K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$219.3K +6.9K shares	$219.3K 6.9K shares
A Advisory Services Network, LLC RIA/Wealth	+$60.0K +1.9K shares	$60.0K 1.9K shares
ENTREWEALTH, LLC RIA/Wealth	+$32.7K +1.0K shares	$1.2M 39.1K shares
Professional Financial Advisors, LLC RIA/Wealth	+$24.9K +789.0 shares	$1.6M 50.2K shares
NBC SECURITIES, INC. RIA/Wealth	+$22.3K +- shares	$22.3K 706.0 shares
Cohalo Advisory LLC Hedge Fund•Quant Macro	+$18.1K +572.0 shares	$268.4K 8.5K shares
IFG Advisory, LLC RIA/Wealth	+$13.8K +436.0 shares	$607.1K 19.2K shares
MORGAN STANLEY RIA/Wealth	+$36.0 +1.0 shares	$36.0 1.0 shares

Biggest Sellers

Institution	Net Sold	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$1.2M −40.0K shares	Sold Off 0 shares
A Austin Wealth Management, LLC RIA/Wealth	−$305.7K −9.6K shares	$7.2M 227.5K shares
L LPL Financial LLC Institution	−$163.5K −5.2K shares	$8.7M 275.5K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$54.6K −1.8K shares	Sold Off 0 shares
A AdvisorNet Financial, Inc Institution	−$7.2K −228.0 shares	$5.0K 159.0 shares
INTL FCSTONE INC. Institution	−$3.7K −118.0 shares	$2.2M 70.8K shares
A Advisor Group Holdings, Inc. Institution	−$348.0 −11.0 shares	$64.0K 2.0K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited GAA in Q3 2025

New Positions: 1
New Value: $22.3K
Exited Positions: 2
Exited Value: $1.3M

New Positions

Institution	Position Value
NBC SECURITIES, INC. RIA/Wealth	$22.3K 706.0 shares

Exited Positions

Institution	Previous Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.2M 40.0K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$54.6K 1.8K shares

Options Activity

Institutions with the largest Call and Put options positions in GAA as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with GAA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Cohalo Advisory LLC Hedge Fund•Quant Macro	Colton Loder CCO	21.38% $268.4K	8.5K shares	Q4 2024 Held for 11 months	$1.3M
A Austin Wealth Management, LLC RIA/Wealth	Derek David Ripp Managing Partner	1.14% $7.2M	227.5K shares	Q3 2023 Held for 2y 2m	$633.6M
ENTREWEALTH, LLC RIA/Wealth	Jeffrey Edward Socha President	0.64% $1.2M	39.1K shares	Q4 2024 Held for 11 months	$191.8M
Professional Financial Advisors, LLC RIA/Wealth	Kam-Lin Kok President	0.33% $1.6M	50.2K shares	Q4 2022 Held for 2y 11m	$475.2M
B Beacon Financial Advisory LLC RIA/Wealth	Chad M Lackey Owner	0.12% $494.9K	15.7K shares	Q4 2022 Held for 2y 11m	$428.4M
INTL FCSTONE INC. Institution	Philip Smith CEO	0.10% $2.2M	70.8K shares	Q2 2025 Held for 5 months	$2.2B
IFG Advisory, LLC RIA/Wealth	John Land Bridgers CEO	0.03% $607.1K	19.2K shares	Q1 2023 Held for 2y 8m	$2.2B
Snowden Capital Advisors LLC RIA/Wealth	Robert James Mooney CEO	0.01% $207.2K	6.6K shares	Q2 2025 Held for 5 months	$3.6B
L LPL Financial LLC Institution	-	0.00% $8.7M	275.5K shares	Q4 2022 Held for 2y 11m	$340.07B
NBC SECURITIES, INC. RIA/Wealth	Bradford Lee Phelan CEO	0.00% $22.3K	706.0 shares	Q3 2025 Held for 2 months	$1.3B

Hedge Fund Spotlight

Discover hedge funds investing in GAA

Cohalo Advisory LLC

Hedge Fund • Quant Macro

Portfolio ManagerColton Loder

Portfolio Value: $1.3M
Positions: 11
Last Reported: Q3 2025

Sector Allocation

Position in Cambria Global Asset Allocation

Market Value: $268.4K
Shares Held: 8.5K
Portfolio Weight: 21.38%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 Cambria Global Asset Allocation GAA	ETF ETF	$268.4K	21.38%
2 iShares Global Equity Factor GLOF	ETF ETF	$223.1K	17.76%
3 Goldman Sachs Access Treasury 0-1 Year ETF GBIL	ETF ETF	$171.7K	13.68%