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ALM First Financial Advisors, LLC — 13F Filing & Top Stock Positions (Q2 2026)
ALM First Financial Advisors, LLCCIK: 0001950054
Momentum followerQuality / disciplined sizing
Total reported value
$593.6M
Reporting period: 2026-06-30 · Number of holdings: 22
ALM First Financial Advisors, LLC disclosed 22 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $593.6M and a quarterly turnover rate of 52.7%.
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Personality snowflake
- Concentration
- 50.54
- Portfolio Stability
- 52.68
- Momentum
- 100
- Sector conviction
- 0
- Diversification
- 44
- Sizing Uniformity
- 86.35
Sector classification currently covers about 0% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govSold out GMOM
Add FYLD
+206.2% $37.5M
Trim BND
-71.5% -$32.2M
Add GVAL
+53.2% $30.8M
Add EYLD
+150.1% $29.5M
Add VAMO
+65.1% $21.4M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 27.43% | +1.21% | +2.31% | |
| 2 | TRTY | Cambria Trinity ETF | ETF-Other | 11.56% | -0.58% | -0.94% | |
| 3 | GVAL | Cambria Global Value ETF | ETF-Other | 9.49% | +4.91% | +53.23% | |
| 4 | FYLD | Cambria Foreign Shareholder | ETF-Other | 9.08% | +6.14% | +206.19% | |
| 5 | VAMO | Cambria Value & Momentum ETF | ETF-Other | 8.65% | +3.28% | +65.12% | |
| 6 | EYLD | Cambria Emerg Shrhldr Yield | ETF-Other | 7.52% | +4.81% | +150.10% | |
| 7 | BLDG | Cambria Global Real Estate | ETF-Other | 4.55% | +1.98% | +67.11% | |
| 8 | EMLC | Vaneck JPM Em Local Curr Bnd | ETF-Other | 3.23% | +0.63% | +30.02% | |
| 9 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 2.95% | +0.73% | +23.54% | |
| 10 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 2.95% | +0.73% | +23.51% | |
| 11 | SYLD | Cambria Shareholder Yield Et | ETF-Other | 2.37% | -1.08% | -33.89% | |
| 12 | DBMF | Imgp Dbi Managed Futures Str | ETF-Other | 2.33% | -0.44% | -11.64% | |
| 13 | SCHP | Schwab U.s. Tips ETF | ETF-Other | 2.18% | -0.54% | -14.42% | |
| 14 | BND | Vanguard Total Bond Market | ETF-Other | 2.15% | -5.92% | -71.49% | |
| 15 | BAR | Graniteshares Gold Trust | ETF-Commodities | 1.88% | +0.59% | +20.67% | |
| 16 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.70% | +0.06% | — | |
| 17 | IWF | Ishares Russell 1000 Growth | ETF-Other | 0.50% | +0.04% | +229.17% | |
| 18 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 0.16% | -0.01% | — | |
| 19 | VDC | Vanguard Consumer Staple ETF | ETF-Other | 0.12% | -0.01% | — | |
| 20 | XLK | Ss Technology Select Sector | ETF-Tech | 0.09% | +0.02% | — | |
| 21 | VHT | Vanguard Health Care ETF | ETF-Other | 0.06% | — | — | |
| 22 | IHI | Ishares U.s. Medical Devices | ETF-Other | 0.05% | — | — |
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Portfolio Performance
Performance for Q3 2026
+3%
Performance Last 4 Quarters
+20.5%
- Stdev
- +8.7%
- Beta
- +0.59
- Alpha
- +3.7%
- Max Drawdown
- -4%
- Annualized Perf
- +16.3%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +3.68
- Stutzer
- +0.51
- Treynor
- +0.26
- Sterling
- +1.21
- Calmar
- +4.02
- Information Ratio
- -0.67
- Tracking Error
- +6.7%
- Stdev Down
- +4.2%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +28.5%
- Worst 12 Months
- +5.2%
- Efficiency Ratio
- +0.65
- Sharpe
- +1.79
- Stdev Sectors
- —
- Skewness
- -0.37
- Kurtosis
- -0.68
- Upside Potential
- +5.28
Reported value over time
Sector allocation
Not enough sector-mapped data yet
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 22 | $593.6M | 53 | ||
| 2026 Q1 | 25 | $557.5M | 13 | ||
| 2025 Q4 | 25 | $504.9M | 4 | ||
| 2025 Q3 | 23 | $495.5M | 12 | ||
| 2025 Q2 | 23 | $462.3M | 0 | ||
| 2025 Q1 | 23 | $437.5M | 0 | ||
| 2024 Q4 | 27 | $423.1M | 0 | ||
| 2024 Q3 | 23 | $403.6M | 0 | ||
| 2024 Q2 | 22 | $347.5M | 0 | ||
| 2024 Q1 | 22 | $361.0M | 0 | ||
| 2023 Q4 | 22 | $342.6M | 0 | ||
| 2023 Q3 | 22 | $334.0M | 0 | ||
| 2023 Q2 | 22 | $340.7M | — | ||
| 2023 Q1 | 16 | $320.7M | — | ||
| 2022 Q4 | 16 | $312.6M | — |
Holding changes this quarter
ALM First Financial Advisors, LLC's most significant position changes for 2026-06-30: Sold out: Cambria Global Momentum ETF (GMOM); Sold out: First Trust Managed Futures (FMF); Sold out: Invesco Optimum Yield Divers (PDBC); Add: Cambria Foreign Shareholder (FYLD) — shares +206.19%; Trim: Vanguard Total Bond Market (BND) — shares -71.49%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | FYLD | Cambria Foreign Shareholder | +6.1% | +206.19% | Add |
| 2 | GVAL | Cambria Global Value ETF | +4.9% | +53.23% | Add |
| 3 | EYLD | Cambria Emerg Shrhldr Yield | +4.8% | +150.10% | Add |
| 4 | VAMO | Cambria Value & Momentum ETF | +3.3% | +65.12% | Add |
| 5 | BLDG | Cambria Global Real Estate | +2% | +67.11% | Add |
| 6 | VOO | Vanguard S&p 500 ETF | +1.2% | +2.31% | Add |
| 7 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.7% | +23.54% | Add |
| 8 | IVV | Ishares Core S&p 500 ETF | +0.7% | +23.51% | Add |
| 9 | EMLC | Vaneck JPM Em Local Curr Bnd | +0.6% | +30.02% | Add |
| 10 | BAR | Graniteshares Gold Trust | +0.6% | +20.67% | Add |
| 11 | VTI | Vanguard Total Stock Mkt ETF | +0.1% | — | Unchanged |
| 12 | IWF | Ishares Russell 1000 Growth | 0% | +229.17% | Add |
| 13 | XLK | Ss Technology Select Sector | 0% | — | Unchanged |
| 14 | VHT | Vanguard Health Care ETF | — | — | Unchanged |
| 15 | IHI | Ishares U.s. Medical Devices | — | — | Unchanged |
| 16 | VDC | Vanguard Consumer Staple ETF | 0% | — | Unchanged |
| 17 | AGG | Ishares Core U.s. Aggregate | 0% | — | Unchanged |
| 18 | DBMF | Imgp Dbi Managed Futures Str | -0.4% | -11.64% | Trim |
| 19 | SCHP | Schwab U.s. Tips ETF | -0.5% | -14.42% | Trim |
| 20 | TRTY | Cambria Trinity ETF | -0.6% | -0.94% | Trim |
| 21 | SYLD | Cambria Shareholder Yield Et | -1.1% | -33.89% | Trim |
| 22 | PDBC | Invesco Optimum Yield Divers | -1.7% | EXIT | Sold out |
| 23 | FMF | First Trust Managed Futures | -2.8% | EXIT | Sold out |
| 24 | BND | Vanguard Total Bond Market | -5.9% | -71.49% | Trim |
| 25 | GMOM | Cambria Global Momentum ETF | -12.1% | EXIT | Sold out |
Filing History
FAQ
What is ALM First Financial Advisors, LLC and what type of investor is it?
ALM First Financial Advisors, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $593.6M, spread across 22 disclosed positions.
What are ALM First Financial Advisors, LLC's largest equity positions?
Based on the latest 13F filing, ALM First Financial Advisors, LLC's top holdings by market value are:
1. Vanguard S&p 500 ETF (VOO) — $162.9M (27.4%)
2. Cambria Trinity ETF (TRTY) — $68.6M (11.6%)
3. Cambria Global Value ETF (GVAL) — $56.3M (9.5%)
4. Cambria Foreign Shareholder (FYLD) — $53.9M (9.1%)
5. Cambria Value & Momentum ETF (VAMO) — $51.3M (8.7%)
What changes did ALM First Financial Advisors, LLC make in its most recent portfolio filing?
In the latest reported quarter, ALM First Financial Advisors, LLC made 19 notable position adjustments: 0 new positions were initiated, 11 existing holdings were added to, 5 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Cambria Global Momentum ETF (GMOM); Sold out: First Trust Managed Futures (FMF); Sold out: Invesco Optimum Yield Divers (PDBC); Add: Cambria Foreign Shareholder (FYLD) — shares +206.19%; Trim: Vanguard Total Bond Market (BND) — shares -71.49%
What sectors does ALM First Financial Advisors, LLC focus on?
Sector breakdown data is not yet available for ALM First Financial Advisors, LLC. Check back after the next 13F processing cycle.
Investment Profile
ALM First Financial Advisors, LLC returned an annualized 16.3% over the trailing 36 months — outperforming the S&P 500 by 3.7 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.59 (less volatile than the market) and a 42% quarterly batting average against the index.
Its portfolio is moderately concentrated and moderately active.
Its turnover score has risen from 0 to 53 over the past 4 quarters — a shift toward more active trading.
It has added to its FYLD position over the past two quarters (+$38.2M, now $53.9M), while trimming IHI over the same stretch (-$70.9K, still holding $275.1K).
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Developer Access
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