# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0000910472-26-009669
**Filing Date:** 2026-6
**Character Count:** 24678
**Document Hash:** 7c07acdb02c78d4569804879f1af325b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-009669.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0000910472-26-009669

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**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:** 261118703

**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 Smidcap Fund (Series ID: S000072843)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000229479 | Westwood Quality Smidcap Fund Ultra Shares         | WWSMX           |
| C000229480 | Westwood Quality Smidcap Fund Institutional Shares | WHGMX           |

## 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 SMIDCAP FUND

- **b. EDGAR series identifier (if any):** S000072843

- **c. LEI of Series:** 5493003XJJMCGXUKRT92

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $106760343.27

**Total Liabilities:** $128569.93

**Net Assets:** $106631773.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000229479 | 4.58%                | -5.70%               | 6.33%                |
| Class ID C000229480 | 4.57%                | -5.74%               | 6.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $152567.74               | $4556961.25                                |
| Month 2  | $675908.81               | $-6870055.19                               |
| Month 3  | $1701344.10              | $4690621.34                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADVANCED DRAINAGE SYSTEMS INC           | Advanced Drainage Systems, Inc.                      | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     13450 | NS      | $2007412.50   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| WINTRUST FINANCIAL CORP                 | Wintrust Financial Corporation                       | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     14270 | NS      | $2148633.90   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA SAFETY INC                          | MSA Safety, Inc.                                     | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |     12561 | NS      | $2090024.79   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORP                    | SOUTHSTATE BANK CORP                                 | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27404 | NS      | $2676548.68   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| POOL CORP                               | Pool Corporation                                     | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      9583 | NS      | $2044245.56   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLVENTUM CORP                          | Solventum Corporation                                | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |     22684 | NS      | $1527994.24   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEESECAKE FACTORY INC (THE)            | Cheesecake Factory, Inc. (The)                       | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     26583 | NS      | $1671273.21   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNER MUSIC GROUP CORP                 | Warner Music Group Corp.                             | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59043 | NS      | $1669145.61   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PERMIAN RESOURCES CORP                  | Permian Resources Corporation                        | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |     96679 | NS      | $2090199.98   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| KRATOS DEFENSE & SECURITY SOLUTIONS INC | Kratos Defense & Security Solutions, Inc.            | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     30760 | NS      | $1939418.00   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SENSIENT TECHNOLOGIES CORP              | Sensient Technologies Corporation                    | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |     21976 | NS      | $2497352.64   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| COOPER COMPANIES INC (THE)              | Cooper Companies, Inc. (The)                         | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |     15839 | NS      | $996273.10    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| MAREX GROUP PLC                         | Marex Group PLC                                      | CUSIP: G5S37H101<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |     43862 | NS      | $2340037.70   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADEMY SPORTS AND OUTDOORS INC         | Academy Sports & Outdoors, Inc.                      | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     26129 | NS      | $1432914.36   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT DEFENSE PROPERTIES                 | COPT Defense Properties REIT                         | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     46862 | NS      | $1464437.50   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TIMKEN COMPANY (THE)                    | Timken Company (The)                                 | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     14972 | NS      | $1660245.08   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTEON CORP                            | Visteon Corporation                                  | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      9507 | NS      | $1062026.97   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHORD ENERGY CORP                       | Chord Energy Corporation                             | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     10782 | NS      | $1569859.20   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PACKAGING CORP OF AMERICA               | Packaging Corp of America                            | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     10007 | NS      | $2135994.15   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIXMOR PROPERTY GROUP INC              | Brixmor Property Group, Inc.                         | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     35720 | NS      | $1074814.80   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IPG PHOTONICS CORP                      | IPG Photonics Corporation                            | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Long             | EC               | CORP              | US        |     14715 | NS      | $1749907.80   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCURY GENERAL CORP                    | Mercury General Corporation                          | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |     16052 | NS      | $1562020.12   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL REALTY INVESTMENT TRUST         | Federal Realty Investment Trust REIT                 | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |     14766 | NS      | $1637549.40   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX TECHNOLOGIES INC                    | BWX Technologies, Inc.                               | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      6079 | NS      | $1315434.81   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AVISTA CORP                             | Avista Corporation                                   | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     50299 | NS      | $2067288.90   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ'S WHOLESALE CLUB HOLDINGS INC        | BJ's Wholesale Club Holdings, Inc.                   | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     22941 | NS      | $2153930.49   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAISSANCERE HOLDINGS LTD              | RenaissanceRe Holdings Ltd.                          | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |      5389 | NS      | $1654261.33   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MOOG INC                                | Moog, Inc. Class A                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      3999 | NS      | $1204938.69   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| OVINTIV INC                             | Ovintiv, Inc.                                        | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     19070 | NS      | $1173758.50   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL GOLD INC                          | Royal Gold, Inc.                                     | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      7680 | NS      | $1792358.40   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP INC                             | IDACORP, Inc.                                        | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     18055 | NS      | $2667445.70   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBBELL INC                             | Hubbell, Inc.                                        | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      3252 | NS      | $1652568.84   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MODINE MANUFACTURING COMPANY            | Modine Manufacturing Company                         | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      8910 | NS      | $2268753.30   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PIPER SANDLER COMPANIES                 | Piper Sandler Cos                                    | CUSIP: 724078209<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |     17716 | NS      | $1544835.20   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| YORK SPACE SYSTEMS INC                  | York Space Systems, Inc.                             | CUSIP: 987084100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34277 | NS      | $1136625.32   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VAIL RESORTS INC                        | Vail Resorts, Inc.                                   | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |      8159 | NS      | $1037661.62   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TREX COMPANY INC                        | Trex Company, Inc.                                   | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54513 | NS      | $2136909.60   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GLACIER BANCORP INC                     | Glacier Bancorp, Inc.                                | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     45843 | NS      | $2248599.15   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE BIRD CORP                          | Blue Bird Corporation                                | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     25352 | NS      | $1625316.72   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PEGASYSTEMS INC                         | Pegasystems, Inc.                                    | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |     35655 | NS      | $1303190.25   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERICAN FUNDS INC                | FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND - CLASS U | CUSIP: 31846V211<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   3103904 | PA      | $3103903.56   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMTECH CORP                            | Semtech Corporation                                  | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |     17870 | NS      | $1877243.50   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS HOLDING CORP                   | US Foods Holding Corporation                         | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     13479 | NS      | $1260151.71   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| KIRBY CORP                              | Kirby Corporation                                    | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |     13404 | NS      | $2017838.16   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CULLEN/FROST BANKERS INC                | Cullen/Frost Bankers, Inc.                           | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     18914 | NS      | $2741206.02   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE MATERIALS INC                     | Eagle Materials, Inc.                                | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      6779 | NS      | $1424335.69   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS ROADHOUSE INC                     | Texas Roadhouse, Inc.                                | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      9498 | NS      | $1529083.02   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| LATTICE SEMICONDUCTOR CORP              | Lattice Semiconductor Corporation                    | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |     17820 | NS      | $2179029.60   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERPARFUMS INC                        | Interparfums, Inc.                                   | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17765 | NS      | $1620523.30   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                | Builders FirstSource, Inc.                           | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     13520 | NS      | $1069296.80   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL FUEL GAS COMPANY               | National Fuel Gas Company                            | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |     25304 | NS      | $2135151.52   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMARK GROUP INC                       | Newmark Group, Inc. Class A                          | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63044 | NS      | $1016269.28   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWARD SPECIALTY INSURANCE GROUP INC   | Skyward Specialty Insurance Group, Inc.              | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     46360 | NS      | $2107062.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| VERRA MOBILITY CORP                     | Verra Mobility Corporation                           | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     82706 | NS      | $1226529.98   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EASTGROUP PROPERTIES INC                | EastGroup Properties, Inc.                           | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     10811 | NS      | $2175173.20   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HENRY SCHEIN INC                        | Henry Schein, Inc.                                   | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |     12976 | NS      | $967879.84    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE INC                            | Evercore, Inc. Class A                               | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      4423 | NS      | $1421065.67   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| PAN AMERICAN SILVER CORP                | Pan American Silver Corporation                      | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |     19954 | NS      | $1043394.66   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| LITTELFUSE INC                          | Littelfuse, Inc.                                     | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      4214 | NS      | $1703172.38   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| RAMBUS INC                              | Rambus, Inc.                                         | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     17202 | NS      | $1980122.22   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR CORP                                | AAR Corporation                                      | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     18867 | NS      | $2082350.79   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

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

**Signature:** Daniel D. Bauer

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

**Title:** Treasurer