# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0001752724-25-181086
**Filing Date:** 2025-7
**Character Count:** 14354
**Document Hash:** af160a1eaacc29165ab06adacfa03d35
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181086.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181086

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20251130

**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:** 251157740

**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

### Lyrical International Value Equity Fund (Series ID: S000068142)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000218236 | Institutional Class | LYRWX           |
| C000218237 | Investor Class      | LYRNX           |
| C000236987 | C Class             | LYRZX           |
| C000236988 | A Class             | LYRVX           |

## 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:** LYRICAL INTERNATIONAL VALUE EQUITY FUND

- **b. EDGAR series identifier (if any):** S000068142

- **c. LEI of Series:** 549300OXKW7B0Q1UMD04

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**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:** $2471048.25

**Total Liabilities:** $33148.12

**Net Assets:** $2437900.13

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218236 | 2.25%                | 5.53%                | 4.86%                |
| Class ID C000218237 | 2.25%                | 5.54%                | 4.86%                |
| Class ID C000236988 | -3.53%               | -0.54%               | -1.16%               |
| Class ID C000236987 | 1.25%                | 4.46%                | 3.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $703410.66               | $-578949.44                                |
| Month 2  | $55844.29                | $62438.00                                  |
| Month 3  | $0.00                    | $91642.29                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Brenntag SE                        | Brenntag AG                                    | CUSIP: D12459117<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |      1315 | NS      | $89132.46     | 3.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Babcock International Group PLC    | Babcock International Group PLC                | CUSIP: G0689Q152<br>LEI: 213800TSKOLX4EU6L377 | Long             | EC               | CORP              | GB        |      6008 | NS      | $76038.90     | 3.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Linamar Corp                       | Linamar Corporation                            | CUSIP: 53278L107<br>LEI: 549300LW6VIYFRMFBU20 | Long             | EC               | CORP              | CA        |       710 | NS      | $32464.42     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco                            | Invesco Treasury Portfolio Institutional Class | CUSIP: 825252406<br>LEI: 549300UJV6OHYATSFU27 | Long             | STIV             | RF                | US        |     34709 | PA      | $34709.02     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd.        | Samsung Electronics Co. Ltd. - GDR             | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |        70 | NS      | $70420.00     | 2.89%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Open Text Corp                     | Open Text Corpation                            | CUSIP: 683715106<br>LEI: 549300HP7ONDQODZJV16 | Long             | EC               | CORP              | CA        |      2100 | NS      | $59473.96     | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd.                   | Nintendo Company Ltd. ADR                      | CUSIP: 654445303<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |      5260 | NS      | $107514.40    | 4.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp.                   | Sony Corporation                               | CUSIP: J76379106<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |      4157 | NS      | $111279.90    | 4.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Konecranes Oyj                     | Konecranes OYJ                                 | CUSIP: X4550J108<br>LEI: 549300EF0CDEQZBMA096 | Long             | EC               | CORP              | FI        |       971 | NS      | $75876.47     | 3.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Teleperformance SE                 | TELEPERFORMANCE                                | CUSIP: F9120F106<br>LEI: 9695004GI61FHFFNRG61 | Long             | EC               | CORP              | FR        |       527 | NS      | $53271.52     | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc.                 | Suncor Energy, Inc.                            | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |      2502 | NS      | $88946.10     | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                          | Amcor plc                                      | CUSIP: G0250X107<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | US        |      8465 | NS      | $77116.15     | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistry Group PLC                   | Vistry Group plc                               | CUSIP: G9424B107<br>LEI: 2138001KOWN7CG9SLK53 | Long             | EC               | CORP              | GB        |      3482 | NS      | $29540.97     | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Group PLC                  | Ashtead Group plc                              | CUSIP: G05320109<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | US        |      1268 | NS      | $74250.20     | 3.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Ayvens SA                          | Ayvens SA                                      | CUSIP: F0195N108<br>LEI: 969500E7V019H9NP7427 | Long             | EC               | CORP              | FR        |      6694 | NS      | $68029.13     | 2.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyudenko Corp                      | Kyudenko Corporation                           | CUSIP: J38425104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       852 | NS      | $31310.55     | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Bollore SE                         | Bollore                                        | CUSIP: F10659260<br>LEI: 969500LEKCHH6VV86P94 | Long             | EC               | CORP              | FR        |     14569 | NS      | $92680.25     | 3.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Elis SA                            | Elis S.A.                                      | CUSIP: F2976F106<br>LEI: 969500UX71LCE8MAY492 | Long             | EC               | CORP              | FR        |      2589 | NS      | $70480.62     | 2.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Renesas Electronics Corp.          | Renesas Electronics Corporation                | CUSIP: J4881V107<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |      8416 | NS      | $102228.70    | 4.19%             |  |  |  | No            |                  2 | On Loan: No      |
| D'Ieteren Group                    | s.a. D'Ieteren n.v.                            | CUSIP: B49343187<br>LEI: 549300DV5KJ23OKVTW34 | Long             | EC               | CORP              | BE        |       421 | NS      | $86462.24     | 3.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution AB                       | Evolution Gaming Group AB                      | CUSIP: W3287P115<br>LEI: 549300SUH6ZR1RF6TA88 | Long             | EC               | CORP              | SE        |       963 | NS      | $66078.71     | 2.71%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CK Hutchison Holdings Ltd.         | CK Hutchison Holdings Ltd.                     | CUSIP: G21765105<br>LEI: 254900Z8HM1VEPOQ2G79 | Long             | EC               | CORP              | HK        |     13966 | NS      | $78098.18     | 3.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Euronext N.V.                      | Euronext N.V.                                  | CUSIP: N3113K397<br>LEI: 724500QJ4QSZ3H9QU415 | Long             | EC               | CORP              | NL        |       614 | NS      | $100081.49    | 4.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Air Water Inc.                     | Air Water, Inc.                                | CUSIP: J00662114<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2741 | NS      | $38256.97     | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexel, S.A.                        | Rexel S.A.                                     | CUSIP: F7782J366<br>LEI: 969500N6AVPA51648T62 | Long             | EC               | CORP              | FR        |      3352 | NS      | $94164.57     | 3.86%             |  |  |  | No            |                  2 | On Loan: No      |
| AerCap Holdings N.V.               | AerCap Holdings N.V.                           | CUSIP: N00985106<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | IE        |       971 | NS      | $112373.83    | 4.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Parkland Corporation               | Parkland Corporation                           | CUSIP: 70137W108<br>LEI: 549300UY5C6HUV0XLS53 | Long             | EC               | CORP              | CA        |      1851 | NS      | $52260.16     | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius SE & Co. KGaA            | Fresenius SE & Company KGaA                    | CUSIP: D27348263<br>LEI: XDFJ0CYCOO1FXRFTQS51 | Long             | EC               | CORP              | DE        |      1987 | NS      | $97392.94     | 3.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Julius Baer Group AG               | Julius Baer Group Ltd.                         | CUSIP: H4414N103<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |      1341 | NS      | $88489.04     | 3.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Controls International PLC | Johnson Controls International plc             | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |      1121 | NS      | $113635.77    | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIE SA                            | SPIE SA                                        | CUSIP: F8691R101<br>LEI: 969500TJNS5GSFWJ8X85 | Long             | EC               | CORP              | FR        |      1917 | NS      | $97458.63     | 4.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-23

**Name of Applicant:** Lyrical International Value Equity Fund

**Signature:** Daniel D. Bauer

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

**Title:** Treasurer