# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0000910472-25-002496
**Filing Date:** 2025-10
**Character Count:** 22467
**Document Hash:** 718688bd0aec3ab572be2111a9e36986
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-002496.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0000910472-25-002496

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20260228

**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:** 251426464

**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

### HVIA Equity Fund (Series ID: S000054831)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000172452 | Institutional Class | HVEIX           |

## 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:** HVIA EQUITY FUND

- **b. EDGAR series identifier (if any):** S000054831

- **c. LEI of Series:** 549300W5BJP3BPOMUW77

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**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:** $71529278.48

**Total Liabilities:** $61331.03

**Net Assets:** $71467947.45

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000172452 | 6.52%                | 1.93%                | 1.11%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $204.14                  | $4310377.85                                |
| Month 2  | $0.00                    | $1354631.70                                |
| Month 3  | $0.00                    | $749480.38                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Danaher Corporation                   | Danaher Corporation                                | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      4630 | NS      | $952946.60    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                  | United Rentals, Inc.                               | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1470 | NS      | $1405819.80   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                         | Prologis, Inc. REIT                                | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      5393 | NS      | $613615.54    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Company                  | Weyerhaeuser Company REIT                          | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     16958 | NS      | $438703.46    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                     | Exxon Mobil Corporation                            | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      5700 | NS      | $651453.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc.                 | Generac Holdings, Inc.                             | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |      2000 | NS      | $370500.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.          | Mondelez International, Inc. Class A               | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |      7810 | NS      | $479846.40    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercadolibre Inc                      | MercadoLibre, Inc.                                 | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       575 | NS      | $1421923.25   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                           | Trimble Inc                                        | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     13300 | NS      | $1074906.00   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.               | UnitedHealth Group, Inc.                           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      2615 | NS      | $810310.05    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corporation                     | Fluor Corporation                                  | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     24830 | NS      | $1018526.60   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                             | Adobe, Inc.                                        | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      2000 | NS      | $713400.00    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                       | CBRE Group, Inc.                                   | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      9600 | NS      | $1556352.00   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                       | Salesforce, Inc.                                   | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      5920 | NS      | $1517000.00   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                             | KLA Corporation                                    | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      3210 | NS      | $2799120.00   | 3.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                       | CSX Corporation                                    | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     14000 | NS      | $455140.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corporation                     | Ciena Corporation                                  | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     13900 | NS      | $1306183.00   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                  | Blue Owl Capital Inc.                              | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49000 | NS      | $907480.00    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                 | Quanta Services, Inc.                              | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      3150 | NS      | $1190574.00   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                           | PepsiCo, Inc.                                      | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      1580 | NS      | $234867.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc.    | Take-Two Interactive Software, Inc.                | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      5805 | NS      | $1354132.35   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.             | First American Government Obligations Fund Class X | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    417952 | PA      | $417951.64    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corporation                     | Nucor Corporation                                  | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      4070 | NS      | $605331.10    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                  | Chart Industries, Inc.                             | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |      8300 | NS      | $1654688.00   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                              | Visa, Inc. Class A                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      4610 | NS      | $1621705.80   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc            | Chipotle Mexican Grill, Inc.                       | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $842800.00    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                      | Amazon.com, Inc.                                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     12400 | NS      | $2839600.00   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                          | NVIDIA Corporation                                 | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     26078 | NS      | $4542266.04   | 6.36%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp. | International Business Machines Corporation        | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      5250 | NS      | $1278322.50   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                         | Alphabet, Inc. Class C                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11520 | NS      | $2459865.60   | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation        | Charles Schwab Corporation (The)                   | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     15400 | NS      | $1475936.00   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                  | JPMorgan Chase & Company                           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      3680 | NS      | $1109225.60   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                            | Apple, Inc.                                        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      8500 | NS      | $1973190.00   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                    | NextEra Energy, Inc.                               | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     10800 | NS      | $778140.00    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.      | Marsh & McLennan Companies, Inc.                   | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      5604 | NS      | $1153359.24   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                  | Amphenol Corporation Class A                       | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     13700 | NS      | $1491382.00   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                      | Grainger (W.W.), Inc.                              | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1000 | NS      | $1013500.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                  | Schlumberger Ltd.                                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     15800 | NS      | $582072.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                    | Meta Platforms, Inc. Class A                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3350 | NS      | $2474645.00   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                       | Eli Lilly & Company                                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      2030 | NS      | $1487137.40   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                        | ServiceNow, Inc.                                   | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      1500 | NS      | $1376190.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                         | Netflix, Inc.                                      | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      1100 | NS      | $1329075.00   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company          | Sherwin-Williams Company (The)                     | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      1800 | NS      | $658494.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                       | Starbucks Corporation                              | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     10470 | NS      | $923349.30    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Autozone, Inc.                        | AutoZone, Inc.                                     | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       365 | NS      | $1532463.45   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                   | Cisco Systems, Inc.                                | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     23260 | NS      | $1607033.40   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation, Inc.             | Rockwell Automation, Inc.                          | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      2500 | NS      | $858575.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                           | AbbVie, Inc.                                       | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      4500 | NS      | $946800.00    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                      | Duke Energy Corporation                            | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      6000 | NS      | $734940.00    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                       | Microsoft Corporation                              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      5100 | NS      | $2584119.00   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                        | Morgan Stanley                                     | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      9980 | NS      | $1501790.40   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc.        | Lincoln Electric Holdings, Inc.                    | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      3180 | NS      | $771563.40    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company              | American Express Company                           | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      8010 | NS      | $2653552.80   | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                  | Baker Hughes Company Class A                       | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15620 | NS      | $709148.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.             | Goldman Sachs Group, Inc. (The)                    | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1900 | NS      | $1415975.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc          | Thermo Fisher Scientific, Inc.                     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1550 | NS      | $763716.00    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-31

**Name of Applicant:** HVIA Equity Fund

**Signature:** Daniel D. Bauer

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

**Title:** Treasurer