# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0001752724-25-154353
**Filing Date:** 2025-6
**Character Count:** 21662
**Document Hash:** 9a4382a45d08004f16e769df2acccfa8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-154353.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001752724-25-154353

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ultimus Managers Trust
- **CENTRAL INDEX KEY:** 0001545440

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22680
- **FILM NUMBER:** 251071210

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Westwood Quality AllCap Fund (Series ID: S000072658)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000229074 | Westwood Quality AllCap Fund Ultra Shares         | WQAUX           |
| C000229075 | Westwood Quality AllCap Fund Institutional Shares | WQAIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Ultimus Managers Trust

- **b. Investment Company Act file number:** 811-22680

- **c. CIK number of Registrant:** 0001545440

- **d. LEI of Registrant:** 549300FU214TAR7BFY91

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

**Item A.2. Information about the Series.**

- **a. Name of Series:** WESTWOOD QUALITY ALLCAP FUND

- **b. EDGAR series identifier (if any):** S000072658

- **c. LEI of Series:** 549300UNUWHV3ITETH20

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $20144710.67

**Total Liabilities:** $10339.59

**Net Assets:** $20134371.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000229074 | -1.02%               | -2.49%               | -1.15%               |
| Class ID C000229075 | -1.02%               | -2.50%               | -1.15%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-88206.32               | $-158987.16                                |
| Month 2  | $-15645.70               | $-524690.33                                |
| Month 3  | $-199547.90              | $-48538.72                                 |

### Schedule of Portfolio Investments

| Name                                         | Title                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Mckesson Corp.                               | McKesson Corporation                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       537 | NS      | $382768.23    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                   | American Tower Corporation                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      1923 | NS      | $433463.43    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                           | EOG Resources, Inc.                              | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      3404 | NS      | $375563.32    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Incorporated                         | Hubbell, Inc.                                    | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      1187 | NS      | $431094.66    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                     | CDW Corporation                                  | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      2612 | NS      | $419382.72    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                 | General Dynamics Corporation                     | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      1485 | NS      | $404098.20    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                      | XPO Logistics, Inc.                              | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |      2091 | NS      | $221896.92    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                            | Wells Fargo & Company                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      8620 | NS      | $612106.20    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                              | T-Mobile USA, Inc.                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1603 | NS      | $395860.85    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                       | Boot Barn Holdings, Inc.                         | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      1920 | NS      | $200332.80    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.             | Philip Morris International, Inc.                | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      2007 | NS      | $343919.52    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                     | O'Reilly Automotive, Inc.                        | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       267 | NS      | $377858.40    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                 | Apollo Global Management, Inc.                   | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      2806 | NS      | $382962.88    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp.                              | Blue Bird Corporation                            | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |      7909 | NS      | $275786.83    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                | Chevron Corporation                              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2428 | NS      | $330353.68    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corporation                   | Verra Mobility Corporation                       | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |      9798 | NS      | $213596.40    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                      | UnitedHealth Group, Inc.                         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       416 | NS      | $171159.04    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                           | Crown Holdings, Inc.                             | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      4792 | NS      | $461613.36    | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                                  | PepsiCo, Inc.                                    | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      2660 | NS      | $360642.80    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc                         | BWX Technologies, Inc.                           | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      4053 | NS      | $442263.36    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc               | BJ's Wholesale Club Holdings, Inc.               | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      3209 | NS      | $377250.04    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.                      | CACI International, Inc.                         | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |       958 | NS      | $438639.46    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.    | Kratos Defense & Security Solutions, Inc.        | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     11990 | NS      | $405082.15    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon AG                                     | Alcon, Inc. 0                                    | CUSIP: H01301128<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |      4398 | NS      | $429288.78    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corporation                              | EQT Corporation                                  | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |      3966 | NS      | $196079.04    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage System Inc                 | ADVANCED DRAINAGE SYSTEMS, INC.                  | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |      1829 | NS      | $207573.21    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                            | Johnson & Johnson                                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      3935 | NS      | $615079.85    | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc.                         | Glacier Bancorp, Inc.                            | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |      6672 | NS      | $271950.72    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                | Accenture plc Class A                            | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      1289 | NS      | $385604.35    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                  | Progressive Corporation (The)                    | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      1494 | NS      | $420919.56    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| International General Insurance Holdings Ltd | International General Insurance Holdings Ltd.    | CUSIP: G4809J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11742 | NS      | $282512.52    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastgroup Properties, Inc.                   | EastGroup Properties, Inc.                       | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      2278 | NS      | $372270.76    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                          | Abbott Laboratories                              | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      4659 | NS      | $609164.25    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                                 | Southern Company                                 | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      4462 | NS      | $410013.18    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | Microsoft Corporation                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1289 | NS      | $509490.14    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp.                             | South State Corporation                          | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      3992 | NS      | $346425.76    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc.                      | Church & Dwight Company, Inc.                    | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      3909 | NS      | $388320.06    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc.                                  | Ventas, Inc. REIT                                | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      5597 | NS      | $392237.76    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                    | First American Treasury Obligations Fund Class X | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    471251 | PA      | $471250.93    | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Inc.                           | Domino's Pizza, Inc.                             | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |       848 | NS      | $415833.76    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                                | Veralto Corporation                              | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |      2187 | NS      | $209733.30    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                       | Marvell Technology, Inc.                         | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6611 | NS      | $385884.07    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                         | JPMorgan Chase & Company                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      2622 | NS      | $641393.64    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc.                        | WEC Energy Group, Inc.                           | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |      3796 | NS      | $415737.92    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                        | Bank of America Corporation                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     14935 | NS      | $595607.80    | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| The Baldwin Insurance Group Inc              | Baldwin Insurance Group, Inc. (The)              | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9991 | NS      | $415825.42    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                              | Salesforce, Inc.                                 | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      1177 | NS      | $316271.67    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                | Alphabet, Inc. Class A                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3269 | NS      | $519117.20    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                       | Diamondback Energy, Inc.                         | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      2989 | NS      | $394577.89    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury General Corporation                  | Mercury General Corporation                      | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |      7335 | NS      | $406505.70    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services Inc.             | Discover Financial Services                      | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |      1166 | NS      | $212993.22    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corporation                       | CMS Energy Corporation                           | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |      5732 | NS      | $422161.80    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-21

**Name of Applicant:** Westwood Quality AllCap Fund

**Signature:** Daniel D. Bauer

**Name of Signer:** Daniel D. Bauer

**Title:** Treasurer