# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0000910472-25-006137
**Filing Date:** 2025-12
**Character Count:** 21079
**Document Hash:** 578dcc63012824eebf9d1d90cde2810c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-006137.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-006137

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**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:** 251605343

**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 Value Fund (Series ID: S000072844)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000229481 | Westwood Quality Value Fund A Class Shares       | WWLAX           |
| C000229483 | Westwood Quality Value Fund Institutional Shares | WHGLX           |
| C000240108 | Westwood Quality Value Fund Ultra Shares         | WHGQX           |

## 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 VALUE FUND

- **b. EDGAR series identifier (if any):** S000072844

- **c. LEI of Series:** 549300L1KHD013NBVS54

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $183328766.44

**Total Liabilities:** $983945.76

**Net Assets:** $182344820.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000229481 | 1.28%                | 0.21%                | -1.33%               |
| Class ID C000229483 | 1.29%                | 0.21%                | -1.27%               |
| Class ID C000240108 | 1.29%                | 0.21%                | -1.27%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $13098633.94             | $-11034399.19                              |
| Month 2  | $-1360886.88             | $1558319.38                                |
| Month 3  | $1859521.85              | $-4261199.36                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JPMorgan Chase & Co.             | JPMorgan Chase & Company                             | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     12667 | NS      | $3940957.04   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                    | Prologis, Inc. REIT                                  | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     31679 | NS      | $3931047.11   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                       | Apple, Inc.                                          | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     18218 | NS      | $4925600.66   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                  | CSX Corporation                                      | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    114152 | NS      | $4111755.04   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                 | Arthur J. Gallagher & Company                        | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     14900 | NS      | $3717401.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                | Exxon Mobil Corporation                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     33288 | NS      | $3806815.68   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc.           | Texas Instruments, Inc.                              | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     17894 | NS      | $2889165.24   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories              | Abbott Laboratories                                  | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     34928 | NS      | $4317799.36   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.             | Eagle Materials, Inc.                                | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |     16202 | NS      | $3440008.64   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corporation of America | Packaging Corporation of America                     | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     19023 | NS      | $3723942.48   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                  | Salesforce, Inc.                                     | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     12360 | NS      | $3218667.60   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                    | Accenture plc Class A                                | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      7776 | NS      | $1944777.60   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc.          | Church & Dwight Company, Inc.                        | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     31877 | NS      | $2795294.13   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                      | Walmart, Inc.                                        | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     18398 | NS      | $1861509.64   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc               | Meta Platforms, Inc. Class A                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      5856 | NS      | $3796737.60   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                  | T-Mobile USA, Inc.                                   | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     14999 | NS      | $3150539.95   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc            | Dell Technologies, Inc. Class C                      | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     24021 | NS      | $3891642.21   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                      | PepsiCo, Inc.                                        | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     24572 | NS      | $3589723.48   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc.            | WEC Energy Group, Inc.                               | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     32327 | NS      | $3611895.71   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc     | Thermo Fisher Scientific, Inc.                       | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      7887 | NS      | $4475004.93   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.        | FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND - CLASS U | CUSIP: 31846V211<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   2562731 | PA      | $2562731.11   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                 | McDonald's Corporation                               | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     12306 | NS      | $3672479.58   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Southstate Bank Corp.            | SOUTHSTATE BANK CORP                                 | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37488 | NS      | $3323311.20   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                         | Visa, Inc. Class A                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     10973 | NS      | $3738940.02   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation      | Progressive Corporation (The)                        | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     18367 | NS      | $3783602.00   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.          | Berkshire Hathaway, Inc. Class B                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      7594 | NS      | $3626438.76   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                | Hershey Company (The)                                | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |     21534 | NS      | $3652812.42   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                    | Veralto Corporation                                  | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     34628 | NS      | $3417091.04   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                 | Merck & Company, Inc.                                | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     41387 | NS      | $3558454.26   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                     | Southern Company                                     | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     37794 | NS      | $3554147.76   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.         | O'Reilly Automotive, Inc.                            | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     38190 | NS      | $3606663.60   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Topbuild Corporation             | TopBuild Corporation                                 | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      4763 | NS      | $2012272.24   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers, Inc.       | Cullen/Frost Bankers, Inc.                           | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     29644 | NS      | $3650362.16   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Incorporated             | Hubbell, Inc.                                        | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      8461 | NS      | $3976670.00   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc               | NextEra Energy, Inc.                                 | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     44810 | NS      | $3647534.00   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc.                    | KKR & Company, Inc. Class A                          | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     25822 | NS      | $3055517.26   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                    | Alphabet, Inc. Class A                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     19134 | NS      | $5380289.46   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                | Wells Fargo & Company                                | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     49130 | NS      | $4272836.10   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                    | Chevron Corporation                                  | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24691 | NS      | $3894264.52   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc    | Intercontinental Exchange, Inc.                      | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     20743 | NS      | $3034493.47   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                | Johnson & Johnson                                    | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     20670 | NS      | $3903942.90   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                 | Amazon.com, Inc.                                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     28871 | NS      | $7050875.62   | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                | Agree Realty Corporation                             | CUSIP: 008492100<br>LEI: 98450090H010B37OEB68 | Long             | EC               | CORP              | US        |     46684 | NS      | $3408398.84   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage System Inc     | ADVANCED DRAINAGE SYSTEMS, INC.                      | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     13249 | NS      | $1855522.45   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation     | General Dynamics Corporation                         | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      5468 | NS      | $1885913.20   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.           | Waste Management, Inc.                               | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     15101 | NS      | $3016726.77   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                  | Microsoft Corporation                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      7315 | NS      | $3787780.15   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                  | Deere & Company                                      | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      7527 | NS      | $3474689.01   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                  | Home Depot, Inc. (The)                               | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      9089 | NS      | $3450093.51   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc.      | LPL Financial Holdings, Inc.                         | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |     11549 | NS      | $4357553.19   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Mckesson Corp.                   | McKesson Corporation                                 | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      5466 | NS      | $4434784.44   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

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

**Signature:** Daniel D. Bauer

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

**Title:** Treasurer