# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0001752724-23-009066
**Filing Date:** 2023-1
**Character Count:** 14221
**Document Hash:** 1c26c0a9272bd956c9590df707b0b5c9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-009066.hdr.sgml**: 20230123

**ACCESSION NUMBER**: 0001752724-23-009066

**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**: 20230531

**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:** 23544181

**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

### EVOLUTIONARY TREE INNOVATORS FUND (Series ID: S000069399)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000221442 | EVOLUTIONARY TREE INNOVATORS FUND I CLASS SHARES | INVNX           |
| C000234765 | EVOLUTIONARY TREE INNOVATORS FUND A CLASS SHARES | INVTX           |

## 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:** EVOLUTIONARY TREE INNOVATORS FUND

- **b. EDGAR series identifier (if any):** S000069399

- **c. LEI of Series:** 54930029KRF0J15JFC83

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

- **a. Date of fiscal year-end:** 2023-05-31

- **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:** $22737013.89

**Total Liabilities:** $108766.92

**Net Assets:** $22628246.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000221442 | -7.54%               | 1.68%                | 1.57%                |
| Class ID C000234765 | -12.91%              | -4.15%               | -4.23%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-242866.45              | $-1343084.89                               |
| Month 2  | $-384583.05              | $725090.84                                 |
| Month 3  | $-648348.69              | $1032358.29                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DigitalOcean Holdings Inc                      | DigitalOcean Holdings, Inc.                      | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |      8111 | NS      | $241951.13    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics Inc                       | Sarepta Therapeutics, Inc.                       | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |     10617 | NS      | $1303873.77   | 5.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                                  | Snowflake, Inc. Class A                          | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      3636 | NS      | $519584.40    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiverr International Ltd                       | Fiverr International LTD                         | CUSIP: M4R82T106<br>LEI: 549300Z8OREY6THCPF67 | Long             | EC               | CORP              | IL        |     10010 | NS      | $352051.70    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab Inc                                     | GitLab, Inc. - Class A                           | CUSIP: 37637K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7480 | NS      | $295834.00    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                     | Airbnb, Inc.                                     | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      7630 | NS      | $779328.20    | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                                 | ServiceNow, Inc.                                 | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3588 | NS      | $1493684.40   | 6.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubspot Inc                                    | HubSpot, Inc.                                    | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      5170 | NS      | $1566665.10   | 6.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | Visa, Inc. Class A                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      3135 | NS      | $680295.00    | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd.                                       | SEA LTD-ADR                                      | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | US        |      7098 | NS      | $414310.26    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| The Trade Desk Inc                             | THE TRADE DESK, INC. CLASS A                     | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |      7634 | NS      | $398036.76    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                            | Axon Enterprise, Inc.                            | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      4115 | NS      | $757283.45    | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                      | Block Inc CL A due 11/19/15                      | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |      4561 | NS      | $309098.97    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                      | argenx SE                                        | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | US        |      1069 | NS      | $425429.93    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Ncino Inc.                                     | nCino, Inc.                                      | CUSIP: 63947X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47786 | NS      | $1248170.32   | 5.52%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation                 | Charles Schwab Corporation (The)                 | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      6435 | NS      | $531144.90    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrowhead Pharmaceuticals Inc                  | Arrowhead Pharmaceuticals, Inc.                  | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |     13133 | NS      | $422882.60    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERN FDS INC                            | First American Treasury Obligations Fund Class X | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1168776 | PA      | $1168775.91   | 5.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Revance Therapeutics Inc                       | REVANCE THERAPEUTICS, INC.                       | CUSIP: 761330109<br>LEI: 549300N33TFDZHS81H11 | Long             | EC               | CORP              | US        |     30382 | NS      | $659593.22    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                               | Amazon.com, Inc.                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     15660 | NS      | $1511816.40   | 6.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumble Inc                                     | Bumble, Inc.                                     | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14016 | NS      | $341429.76    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                            | Stryker Corporation                              | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      2365 | NS      | $553149.85    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc                    | Inspire Medical Systems, Inc.                    | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |      4791 | NS      | $1157361.87   | 5.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                           | TRADEWEB MARKETS INC. CLASS A                    | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9770 | NS      | $600464.20    | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                  | Alphabet, Inc. Class A                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     12755 | NS      | $1288127.45   | 5.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc.                                   | MONGODB, INC.                                    | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      1366 | NS      | $208574.54    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.                        | CACI International, Inc.                         | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      1324 | NS      | $413485.20    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                            | Ascendis Pharma A/S                              | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | US        |      3423 | NS      | $421234.38    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                          | Microsoft Corporation                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      5932 | NS      | $1513490.48   | 6.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International, Inc. | Charles River Laboratories International, Inc.   | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |      1775 | NS      | $405711.75    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Evolutionary Tree Innovators Fund

**Signature:** Daniel Bauer

**Name of Signer:** Daniel Bauer

**Title:** Assistant Treasurer