ALM FIRST FINANCIAL ADVISORS, LLC

Filed: 1/15/2026ACC: 0001950054-26-000002

📋 What this filing means

ALM FIRST FINANCIAL ADVISORS, LLC filed this quarterly 13F‑HR report disclosing 25 equity positions with a total reported market value of $504.92M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$504.92M

Total AUM (reported)

10.84M

Total Shares

Allocation by class

ETF$504.92M100.0%

Portfolio Concentration

Top 3$268.34M53.1%

4–10$157.33M31.2%

11–25$79.25M15.7%

Top 3 weight

53.1%

Top 10 weight

84.3%

Voting Authority Distribution

Total shares with voting rights: 10.84M

Sole

Full voting authority

10.84M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole25

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings25

Rows:

Vanguard S&P 500 ETF

SOLE

ETF

Shares261.09K

TypeSH

Market value$143.16M

28.35%

Sole

261.09K

Shared

0.00

None

0.00

Cambria Global Momentum ETF

SOLE

ETF

Shares1.90M

TypeSH

Market value$63.24M

12.52%

Sole

1.90M

Shared

0.00

None

0.00

Cambria Trinity ETF

SOLE

ETF

Shares2.20M

TypeSH

Market value$61.94M

12.27%

Sole

2.20M

Shared

0.00

None

0.00

Vanguard Total Bond Market ETF

SOLE

ETF

Shares517.40K

TypeSH

Market value$38.32M

7.59%

Sole

517.40K

Shared

0.00

None

0.00

Cambria Global Value ETF

SOLE

ETF

Shares1.02M

TypeSH

Market value$31.01M

6.14%

Sole

1.02M

Shared

0.00

None

0.00

Cambria Value and Momentum ETF

SOLE

ETF

Shares845.89K

TypeSH

Market value$28.12M

5.57%

Sole

845.89K

Shared

0.00

None

0.00

Cambria Foreign Shareholder Yield ETF

SOLE

ETF

Shares482.55K

TypeSH

Market value$15.68M

3.11%

Sole

482.55K

Shared

0.00

None

0.00

Cambria Shareholder Yield ETF

SOLE

ETF

Shares236.29K

TypeSH

Market value$15.49M

3.07%

Sole

236.29K

Shared

0.00

None

0.00

Cambria Emerging Shareholder Yield ETF

SOLE

ETF

Shares393.25K

TypeSH

Market value$15.07M

2.99%

Sole

393.25K

Shared

0.00

None

0.00

VanEck JP Morgan EM Local C

SOLE

ETF

Shares527.75K

TypeSH

Market value$13.63M

2.70%

Sole

527.75K

Shared

0.00

None

0.00

iMGP DBi Managed Futures Strategy ETF

SOLE

ETF

Shares472.31K

TypeSH

Market value$13.25M

2.62%

Sole

472.31K

Shared

0.00

None

0.00

Schwab US Equity

SOLE

ETF

Shares475.03K

TypeSH

Market value$12.58M

2.49%

Sole

475.03K

Shared

0.00

None

0.00

First Trust Managed Futures Stragegy Fund

SOLE

ETF

Shares261K

TypeSH

Market value$12.28M

2.43%

Sole

261K

Shared

0.00

None

0.00

Cambria Global Real Estate ETF

SOLE

ETF

Shares498.95K

TypeSH

Market value$12.20M

2.42%

Sole

498.95K

Shared

0.00

None

0.00

Graniteshares Gold Trust

SOLE

ETF

Shares233.35K

TypeSH

Market value$9.43M

1.87%

Sole

233.35K

Shared

0.00

None

0.00

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

SOLE

ETF

Shares462.46K

TypeSH

Market value$6.13M

1.21%

Sole

462.46K

Shared

0.00

None

0.00

Vanguard Total Stock Market Index Fund

SOLE

ETF

Shares14K

TypeSH

Market value$3.75M

0.74%

Sole

14K

Shared

0.00

None

0.00

Ishares Trust Russell 1000

SOLE

ETF

Shares7.29K

TypeSH

Market value$2.84M

0.56%

Sole

7.29K

Shared

0.00

None

0.00

ISHARES TR CORE U S AGGREGATE BD ETF

SOLE

ETF

Shares2.96K

TypeSH

Market value$2.02M

0.40%

Sole

2.96K

Shared

0.00

None

0.00

STATE STREET CORP

SOLE

ETF

Shares2.97K

TypeSH

Market value$2.02M

0.40%

Sole

2.97K

Shared

0.00

None

0.00

ISHARES TR CORE U S AGGREGATE BD ETF

SOLE

ETF

Shares9.77K

TypeSH

Market value$975.5K

0.19%

Sole

9.77K

Shared

0.00

None

0.00

Vanguard Consumer Staples Index Fund

SOLE

ETF

Shares3.90K

TypeSH

Market value$670.6K

0.13%

Sole

3.90K

Shared

0.00

None

0.00

Technology Select Sector SPDR Fund

SOLE

ETF

Shares3.61K

TypeSH

Market value$424.7K

0.08%

Sole

3.61K

Shared

0.00

None

0.00

ISHARES DOW JONES US MEDICAL DEV.(ETF)

SOLE

ETF

Shares5.57K

TypeSH

Market value$346.0K

0.07%

Sole

5.57K

Shared

0.00

None

0.00

Vanguard Health Care Etf

SOLE

ETF

Shares1.39K

TypeSH

Market value$325.8K

0.06%

Sole

1.39K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
Vanguard S&P 500 ETFSOLE	ETF	261.09K	SH	$143.16M 28.35%	261.09K
Cambria Global Momentum ETFSOLE	ETF	1.90M	SH	$63.24M 12.52%	1.90M
Cambria Trinity ETFSOLE	ETF	2.20M	SH	$61.94M 12.27%	2.20M
Vanguard Total Bond Market ETFSOLE	ETF	517.40K	SH	$38.32M 7.59%	517.40K
Cambria Global Value ETFSOLE	ETF	1.02M	SH	$31.01M 6.14%	1.02M
Cambria Value and Momentum ETFSOLE	ETF	845.89K	SH	$28.12M 5.57%	845.89K
Cambria Foreign Shareholder Yield ETFSOLE	ETF	482.55K	SH	$15.68M 3.11%	482.55K
Cambria Shareholder Yield ETFSOLE	ETF	236.29K	SH	$15.49M 3.07%	236.29K
Cambria Emerging Shareholder Yield ETFSOLE	ETF	393.25K	SH	$15.07M 2.99%	393.25K
VanEck JP Morgan EM Local CSOLE	ETF	527.75K	SH	$13.63M 2.70%	527.75K
iMGP DBi Managed Futures Strategy ETFSOLE	ETF	472.31K	SH	$13.25M 2.62%	472.31K
Schwab US EquitySOLE	ETF	475.03K	SH	$12.58M 2.49%	475.03K
First Trust Managed Futures Stragegy FundSOLE	ETF	261K	SH	$12.28M 2.43%	261K
Cambria Global Real Estate ETFSOLE	ETF	498.95K	SH	$12.20M 2.42%	498.95K
Graniteshares Gold TrustSOLE	ETF	233.35K	SH	$9.43M 1.87%	233.35K
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETFSOLE	ETF	462.46K	SH	$6.13M 1.21%	462.46K
Vanguard Total Stock Market Index FundSOLE	ETF	14K	SH	$3.75M 0.74%	14K
Ishares Trust Russell 1000SOLE	ETF	7.29K	SH	$2.84M 0.56%	7.29K
ISHARES TR CORE U S AGGREGATE BD ETFSOLE	ETF	2.96K	SH	$2.02M 0.40%	2.96K
STATE STREET CORPSOLE	ETF	2.97K	SH	$2.02M 0.40%	2.97K
ISHARES TR CORE U S AGGREGATE BD ETFSOLE	ETF	9.77K	SH	$975.5K 0.19%	9.77K
Vanguard Consumer Staples Index FundSOLE	ETF	3.90K	SH	$670.6K 0.13%	3.90K
Technology Select Sector SPDR FundSOLE	ETF	3.61K	SH	$424.7K 0.08%	3.61K
ISHARES DOW JONES US MEDICAL DEV.(ETF)SOLE	ETF	5.57K	SH	$346.0K 0.07%	5.57K
Vanguard Health Care EtfSOLE	ETF	1.39K	SH	$325.8K 0.06%	1.39K