# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0001752724-25-181088
**Filing Date:** 2025-7
**Character Count:** 19755
**Document Hash:** 3b6e694324501f2191e62423f1bffae7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181088.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181088

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250831

**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:** 251157742

**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

### Meehan Focus Fund (Series ID: S000056709)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000179800 | Meehan Focus Fund | MEFOX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |
| **May 31, 2025 (Unaudited)** | **May 31, 2025 (Unaudited)** | **May 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 95.7%** | **Shares** | **Value** |
| **Communications - 6.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Internet Media & Services - 6.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A | &nbsp;&nbsp;25640 | &nbsp;&nbsp;$4403414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class C | &nbsp;&nbsp;34830 | &nbsp;&nbsp;6020365 |
|  |  | &nbsp;&nbsp;10423779 |
| **Consumer Discretionary - 14.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*E-Commerce Discretionary - 5.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc. <sup>(a)</sup> | &nbsp;&nbsp;41435 | &nbsp;&nbsp;8494589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Home Construction - 1.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lennar Corporation - Class A | &nbsp;&nbsp;16000 | &nbsp;&nbsp;1697280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Millrose Properties, Inc. | &nbsp;&nbsp;8000 | &nbsp;&nbsp;222960 |
|  |  | &nbsp;&nbsp;1920240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Discretionary - 8.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lowe's Companies, Inc. | &nbsp;&nbsp;39600 | &nbsp;&nbsp;8938908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma, Inc. | &nbsp;&nbsp;23860 | &nbsp;&nbsp;3859594 |
|  |  | &nbsp;&nbsp;12798502 |
| **Energy - 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Oil & Gas Producers - 2.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shell plc - ADR | &nbsp;&nbsp;52850 | &nbsp;&nbsp;3499727 |
| **Financials - 14.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Asset Management - 6.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackRock, Inc. | &nbsp;&nbsp;2925 | &nbsp;&nbsp;2866178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone, Inc. | &nbsp;&nbsp;12200 | &nbsp;&nbsp;1692872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) | &nbsp;&nbsp;65000 | &nbsp;&nbsp;5742100 |
|  |  | &nbsp;&nbsp;10301150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Insurance - 8.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. - Class B <sup>(a)</sup> | &nbsp;&nbsp;24850 | &nbsp;&nbsp;12523406 |
| **Health Care - 7.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Biotech & Pharma - 5.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novartis AG - ADR | &nbsp;&nbsp;20420 | &nbsp;&nbsp;2363819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | &nbsp;&nbsp;14800 | &nbsp;&nbsp;6542340 |
|  |  | &nbsp;&nbsp;8906159 |

---

---

| | | |
|:---|:---|:---|
| **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 95.7% (Continued)** | **Shares** | **Value** |
| **Health Care - 7.0% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Medical Equipment & Devices - 1.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;5000 | &nbsp;&nbsp;$2014100 |
| **Industrials - 12.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Electrical Equipment - 2.4%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Johnson Controls International plc | &nbsp;&nbsp;37275 | &nbsp;&nbsp;3778567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Industrial Support Services - 7.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals, Inc. | &nbsp;&nbsp;15750 | &nbsp;&nbsp;11156985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Machinery - 2.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deere & Company | &nbsp;&nbsp;7800 | &nbsp;&nbsp;3948828 |
| **Real Estate - 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*REITs - 1.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group, Inc. | &nbsp;&nbsp;16500 | &nbsp;&nbsp;2690655 |
| **Technology - 36.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Semiconductors - 17.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applied Materials, Inc. | &nbsp;&nbsp;35365 | &nbsp;&nbsp;5543464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;60090 | &nbsp;&nbsp;14545986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation | &nbsp;&nbsp;54600 | &nbsp;&nbsp;7378098 |
|  |  | &nbsp;&nbsp;27467548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Software - 8.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | &nbsp;&nbsp;30060 | &nbsp;&nbsp;13838422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Technology Hardware - 7.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;55645 | &nbsp;&nbsp;11176298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Technology Services - 2.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | &nbsp;&nbsp;11000 | &nbsp;&nbsp;4017090 |
| **Total Common Stocks** (Cost $41,607,133) | **Total Common Stocks** (Cost $41,607,133) | &nbsp;&nbsp;$148956045 |

---

---

| | | |
|:---|:---|:---|
| **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **MONEY MARKET FUNDS - 4.3%** | **Shares** | **Value** |
| Allspring Heritage Money Market Fund - Institutional Class, 4.15% <sup>(b)</sup> (Cost $6,747,601) | &nbsp;&nbsp;6747601 | &nbsp;&nbsp;$6747601 |
| **Investments at Value - 100.0%** (Cost $48,354,734) | **Investments at Value - 100.0%** (Cost $48,354,734) | &nbsp;&nbsp;$155703646 |
| **Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup>** | **Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup>** | &nbsp;&nbsp;15099 |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | &nbsp;&nbsp;$155718745 |

---

---

| | |
|:---|:---|
| ADR | - American Depositary Receipt |
| AG | - Aktiengesellschaft |
| plc | - Public Limited Company |

---

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> The rate shown is the 7-day effective yield as of May 31, 2025.

<sup>(c)</sup> Percentage rounds to less than 0.1%.

## 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:** MEEHAN FOCUS FUND

- **b. EDGAR series identifier (if any):** S000056709

- **c. LEI of Series:** 549300Q3V8SFONB6Z454

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

- **a. Date of fiscal year-end:** 2025-08-31

- **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:** $155849017.45

**Total Liabilities:** $130272.11

**Net Assets:** $155718745.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000179800 | -5.85%               | 0.57%                | 6.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-9129276.15                               |
| Month 2  | $1.24                    | $838017.75                                 |
| Month 3  | $0.00                    | $9294053.20                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Deere & Company                     | Deere & Company                                          | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      7800 | NS      | $3948828.00   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC  | Johnson Controls International plc                       | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     37275 | NS      | $3778566.75   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                          | Apple, Inc.                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     55645 | NS      | $11176298.25  | 7.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                      | BlackRock, Inc.                                          | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      2925 | NS      | $2866178.25   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                         | Novartis AG ADR                                          | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     20420 | NS      | $2363819.20   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                           | Shell plc                                                | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | US        |     52850 | NS      | $3499727.00   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated | Vertex Pharmaceuticals, Inc.                             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     14800 | NS      | $6542340.00   | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.               | Lowe's Companies, Inc.                                   | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     39600 | NS      | $8938908.00   | 5.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                    | Amazon.com, Inc.                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     41435 | NS      | $8494589.35   | 5.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc            | Simon Property Group, Inc. REIT                          | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     16500 | NS      | $2690655.00   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                        | NVIDIA Corporation                                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     54600 | NS      | $7378098.00   | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                      | Blackstone Group, L.P. (The)                             | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     12200 | NS      | $1692872.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc        | Thermo Fisher Scientific, Inc.                           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      5000 | NS      | $2014100.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc.            | Millrose Properties, Inc.                                | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $222960.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.              | Applied Materials, Inc.                                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     35365 | NS      | $5543463.75   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.             | Berkshire Hathaway, Inc. Class B                         | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     24850 | NS      | $12523406.00  | 8.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                            | Visa, Inc. Class A                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     11000 | NS      | $4017090.00   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                     | Microsoft Corporation                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     30060 | NS      | $13838421.60  | 8.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                        | Lennar Corporation Class A                               | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     16000 | NS      | $1697280.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                       | Alphabet, Inc. Class A                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     25640 | NS      | $4403413.60   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation      | Charles Schwab Corporation (The)                         | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     65000 | NS      | $5742100.00   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                        | Broadcom, Inc.                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     60090 | NS      | $14545986.30  | 9.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Allspring Funds Trust               | Allspring Heritage Money Market Fund INSTITUTIONAL CLASS | CUSIP: 94975P405<br>LEI: 549300XROIY0CTN7RZ24 | Long             | STIV             | RF                | US        |   6747601 | PA      | $6747600.66   | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc.                | Williams-Sonoma, Inc.                                    | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |     23860 | NS      | $3859593.60   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                | United Rentals, Inc.                                     | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     15750 | NS      | $11156985.00  | 7.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                       | Alphabet, Inc. Class C                                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     34830 | NS      | $6020365.50   | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Meehan Focus Fund

**Signature:** Daniel D. Bauer

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

**Title:** Treasurer