# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0001752724-23-009052
**Filing Date:** 2023-1
**Character Count:** 4759
**Document Hash:** cc915b029689a2a7c3ae8c847a966f2a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-009052.hdr.sgml**: 20230123

**ACCESSION NUMBER**: 0001752724-23-009052

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230123

**DATE AS OF CHANGE**: 20230123

**PERIOD START**: 20221130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ultimus Managers Trust
- **CENTRAL INDEX KEY:** 0001545440
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22680
- **FILM NUMBER:** 23544165

**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

### Q3 ALL-WEATHER TACTICAL FUND (Series ID: S000067445)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000216825 | Institutional Class | QAITX           |
| C000226152 | C Class             | QACTX           |

## 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:** Q3 ALL-SEASON TACTICAL FUND

- **b. EDGAR series identifier (if any):** S000067445

- **c. LEI of Series:** 54930063JBCEDEFFF774

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

- **a. Date of fiscal year-end:** 2022-11-30

- **b. Date as of which information is reported:** 2022-11-30

**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:** $107525935.99

**Total Liabilities:** $53964482.36

**Net Assets:** $53561453.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000226152 | -3.84%               | 1.76%                | -4.84%               |
| Class ID C000216825 | -3.76%               | 1.95%                | -4.84%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3087079.85             | $176940.56                                 |
| Month 2  | $730957.22               | $379967.16                                 |
| Month 3  | $-2554252.16             | $-179452.06                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FIRST AMERN FDS INC | FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND CLASS X | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |  48713624 | PA      | $48713624.29  | 90.95%            |  |  |  | No            |                  1 | On Loan: No      |
| Proshares Trust     | PROSHARES SHORT 20+ YEAR TREASURY                  | CUSIP: 74347X849<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |   1000000 | NS      | $22170000.00  | 41.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Qqq Trust   | Invesco QQQ Trust Series 1                         | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |     92000 | NS      | $26989120.00  | 50.39%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-21

**Name of Applicant:** Q3 All-Season Tactical Fund

**Signature:** Daniel Bauer

**Name of Signer:** Daniel Bauer

**Title:** Assistant Treasurer