# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0000910472-25-006141
**Filing Date:** 2025-12
**Character Count:** 22685
**Document Hash:** 29a676e74eb1d01bdf16380c931decc6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-006141.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-006141

**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:** 251605340

**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:** 2025-10-31

**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:** $21540847.56

**Total Liabilities:** $18882.59

**Net Assets:** $21521964.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000229074 | 1.57%                | 0.90%                | -2.34%               |
| Class ID C000229075 | 1.57%                | 0.90%                | -2.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $125781.46               | $176810.29                                 |
| Month 2  | $83613.39                | $100974.53                                 |
| Month 3  | $494099.76               | $-1019911.31                               |

### 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        |       570 | NS      | $462463.80    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                   | American Tower Corporation                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      2227 | NS      | $398588.46    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                                 | Evercore Partners, Inc. Class A                  | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |       966 | NS      | $284544.96    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                           | EOG Resources, Inc.                              | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      3404 | NS      | $360279.36    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corporation of America             | Packaging Corporation of America                 | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      2052 | NS      | $401699.52    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Music Group Corporation               | Warner Music Group Corp.                         | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10297 | NS      | $329092.12    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Incorporated                         | Hubbell, Inc.                                    | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      1041 | NS      | $489270.00    | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                     | CDW Corporation                                  | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      2177 | NS      | $346948.49    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                 | General Dynamics Corporation                     | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       965 | NS      | $332828.50    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                      | XPO Logistics, Inc.                              | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |      1643 | NS      | $236378.41    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                              | T-Mobile USA, Inc.                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1857 | NS      | $390062.85    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp.                            | Knife River Corp.                                | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4862 | NS      | $293956.52    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.             | Philip Morris International, Inc.                | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      3505 | NS      | $505876.65    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                     | O'Reilly Automotive, Inc.                        | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      4290 | NS      | $405147.60    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                 | Apollo Global Management, Inc.                   | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      3126 | NS      | $388593.06    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp.                              | Blue Bird Corporation                            | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |      6044 | NS      | $301958.24    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                 | Thermo Fisher Scientific, Inc.                   | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       849 | NS      | $481714.11    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corporation                   | Verra Mobility Corporation                       | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |      9798 | NS      | $227411.58    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                           | Crown Holdings, Inc.                             | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      4736 | NS      | $460244.48    | 2.14%             |  |  |  | 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        |      4407 | NS      | $388961.82    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.                      | CACI International, Inc.                         | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |       753 | NS      | $423374.25    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                            | ASML Holding N.V.                                | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       317 | NS      | $335775.91    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon AG                                     | Alcon, Inc. 0                                    | CUSIP: H01301128<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |      2698 | NS      | $199355.22    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corporation                              | EQT Corporation                                  | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |      5527 | NS      | $296136.66    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage System Inc                 | ADVANCED DRAINAGE SYSTEMS, INC.                  | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |      3190 | NS      | $446759.50    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                            | Johnson & Johnson                                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      3397 | NS      | $641591.39    | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc.                         | Glacier Bancorp, Inc.                            | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |      7489 | NS      | $305925.65    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                             | Amazon.com, Inc.                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      2495 | NS      | $609328.90    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                              | CSX Corporation                                  | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     12535 | NS      | $451510.70    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                  | Progressive Corporation (The)                    | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      1951 | NS      | $401906.00    | 1.87%             |  |  |  | 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        |     14010 | NS      | $298413.00    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastgroup Properties, Inc.                   | EastGroup Properties, Inc.                       | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      2278 | NS      | $397579.34    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                          | Abbott Laboratories                              | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      4659 | NS      | $575945.58    | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | Microsoft Corporation                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       891 | NS      | $461368.71    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc.                                  | Ventas, Inc. REIT                                | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      6390 | NS      | $471518.10    | 2.19%             |  |  |  | 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        |    271396 | PA      | $271396.28    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Inc.                           | Domino's Pizza, Inc.                             | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |       848 | NS      | $337894.08    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                                | Veralto Corporation                              | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |      3112 | NS      | $307092.16    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                            | Brown & Brown, Inc.                              | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      2243 | NS      | $178856.82    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                          | Walt Disney Company (The)                        | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      3834 | NS      | $431785.08    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                        | Dell Technologies, Inc. Class C                  | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      2801 | NS      | $453790.01    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                         | JPMorgan Chase & Company                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      2145 | NS      | $667352.40    | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc.                        | WEC Energy Group, Inc.                           | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |      3796 | NS      | $424127.08    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                        | Bank of America Corporation                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      8983 | NS      | $480141.35    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                              | Salesforce, Inc.                                 | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       936 | NS      | $243743.76    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                | Alphabet, Inc. Class A                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      1711 | NS      | $481116.09    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                   | Apple, Inc.                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      1590 | NS      | $429888.30    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| The Boeing Company                           | Boeing Company (The)                             | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      1535 | NS      | $308565.70    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                           | Meta Platforms, Inc. Class A                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       603 | NS      | $390955.05    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Southstate Bank Corp.                        | SOUTHSTATE BANK CORP                             | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4646 | NS      | $411867.90    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp                   | Sensient Technologies Corporation                | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |      4795 | NS      | $452120.55    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                       | Diamondback Energy, Inc.                         | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      2989 | NS      | $427994.91    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury General Corporation                  | Mercury General Corporation                      | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |      5163 | NS      | $399099.90    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corporation                       | CMS Energy Corporation                           | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |      5732 | NS      | $421588.60    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corporation                             | Pool Corporation                                 | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |       715 | NS      | $190947.90    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** Daniel D. Bauer

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

**Title:** Treasurer