Cambria Investment Management’s Materials Select Sector SPDR Fund XLB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-9,885	Closed	-$443K	–	190
2016 Q1	$443K	Buy	+9,885	New	+$443K	0.21%	137
2015 Q2	–	Sell	-10,235	Closed	-$499	–	282
2015 Q1	$499	Buy	10,235 +3,738	+58%	+$182	0.06%	153
2014 Q4	$316K	Buy	+6,497	New	+$316K	0.11%	143