SELECT SECTOR SPDR TR

Ticker: XLU CUSIP: 81369Y886 Class: SBI INT-UTILS

Cambria Investment Management, L.P.'s Holding History (CIK: 0001529389)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016
Shares 6,194 Value ($000) $301 Avg Close — Range —
Q3 2016
Shares 5,695 Value ($000) $279 Avg Close — Range —
Q2 2016
Shares 18,348 Value ($000) $963 Avg Close — Range —
Q1 2015
Shares 6,746 Value ($000) $300 Avg Close — Range —
Q4 2014
Shares 12,189 Value ($000) $576 Avg Close — Range —