# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0000910472-25-006134
**Filing Date:** 2025-12
**Character Count:** 23329
**Document Hash:** c3ef2da85f5f3da5cf62794b71d2b171
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-006134.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-006134

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**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:** 251605337

**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 MIDCAP FUND (Series ID: S000074487)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000232438 | WESTWOOD QUALITY MIDCAP FUND INSTITUTIONAL SHARES | WWMCX           |

## 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 MIDCAP FUND

- **b. EDGAR series identifier (if any):** S000074487

- **c. LEI of Series:** 549300KN2XZ7PMSLZB87

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $1796948.28

**Total Liabilities:** $18190.21

**Net Assets:** $1778758.07

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000232438 | 2.14%                | 0.76%                | -2.08%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $23246.33                | $11226.86                                  |
| Month 2  | $11142.93                | $1450.56                                   |
| Month 3  | $12983.78                | $-50453.75                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Eagle Materials Inc.                | Eagle Materials, Inc.                            | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |       156 | NS      | $33121.92     | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc      | BJ's Wholesale Club Holdings, Inc.               | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |       376 | NS      | $33185.76     | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc           | Healthpeak Properties, Inc.                      | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |      1886 | NS      | $33853.70     | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc.                | Glacier Bancorp, Inc.                            | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |       569 | NS      | $23243.65     | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc              | Diamondback Energy, Inc.                         | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |       219 | NS      | $31358.61     | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                | Blue Owl Capital Inc.                            | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2265 | NS      | $35719.05     | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corporation          | Verra Mobility Corporation                       | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |      1472 | NS      | $34165.12     | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc              | Marvell Technology, Inc.                         | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       558 | NS      | $52306.92     | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                          | Evergy, Inc.                                     | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |       347 | NS      | $26653.07     | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc.             | Church & Dwight Company, Inc.                    | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |       279 | NS      | $24465.51     | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Companies             | Piper Sandler Cos                                | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |        81 | NS      | $25860.06     | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                   | Agree Realty Corporation                         | CUSIP: 008492100<br>LEI: 98450090H010B37OEB68 | Long             | EC               | CORP              | US        |       495 | NS      | $36139.95     | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.           | First American Treasury Obligations Fund Class X | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |     31706 | PA      | $31705.82     | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc          | Zimmer Biomet Holdings, Inc.                     | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |       227 | NS      | $22827.12     | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums Inc                    | Inter Parfums, Inc.                              | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       314 | NS      | $27993.10     | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts, Inc.                  | Vail Resorts, Inc.                               | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |       184 | NS      | $27292.72     | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc. | J.B. Hunt Transport Services, Inc.               | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |       224 | NS      | $37824.64     | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corporation                  | Cameco Corporation                               | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |       257 | NS      | $26267.97     | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                       | Veralto Corporation                              | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |       253 | NS      | $24966.04     | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co.                      | DTE Energy Company                               | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |       175 | NS      | $23719.50     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc.                         | Ventas, Inc. REIT                                | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |       544 | NS      | $40141.76     | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp.           | Pan American Silver Corporation                  | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |       994 | NS      | $34998.74     | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers, Inc.          | Cullen/Frost Bankers, Inc.                       | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |       212 | NS      | $26105.68     | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Incorporated                | Hubbell, Inc.                                    | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |        64 | NS      | $30080.00     | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Southstate Bank Corp.               | SOUTHSTATE BANK CORP                             | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       269 | NS      | $23846.85     | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp              | Permian Resources Corporation                    | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |      2219 | NS      | $27870.64     | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Company, Incorporated   | McCormick & Company, Inc. Non-Voting Shares      | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |       374 | NS      | $23995.84     | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corporation of America    | Packaging Corporation of America                 | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |       184 | NS      | $36019.84     | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                         | Corteva, Inc.                                    | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |       576 | NS      | $35389.44     | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc.               | BWX Technologies, Inc.                           | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |        98 | NS      | $20933.78     | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                    | Arthur J. Gallagher & Company                    | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |        93 | NS      | $23202.57     | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.   | American International Group, Inc.               | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |       465 | NS      | $36716.40     | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.             | CACI International, Inc.                         | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |        69 | NS      | $38795.25     | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                  | Crown Holdings, Inc.                             | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |       282 | NS      | $27404.76     | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                            | CDW Corporation                                  | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |       205 | NS      | $32670.85     | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Incorporated          | Lithia Motors, Inc. Class A                      | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |        86 | NS      | $27010.88     | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corporation              | CMS Energy Corporation                           | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |       502 | NS      | $36922.10     | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein, Inc.                  | Henry Schein, Inc.                               | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |       355 | NS      | $22436.00     | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mckesson Corp.                      | McKesson Corporation                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |        22 | NS      | $17849.48     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc.                     | Littelfuse, Inc.                                 | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |       104 | NS      | $25304.24     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Limited      | Axalta Coating Systems Ltd.                      | CUSIP: G0750C108<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |      1261 | NS      | $35900.67     | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Company                | Weyerhaeuser Company REIT                        | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |      1042 | NS      | $23966.00     | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                 | Toll Brothers, Inc.                              | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |       193 | NS      | $26045.35     | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                   | Brown & Brown, Inc.                              | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |       378 | NS      | $30141.72     | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                         | Avantor, Inc.                                    | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1282 | NS      | $15153.24     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage System Inc        | ADVANCED DRAINAGE SYSTEMS, INC.                  | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |       192 | NS      | $26889.60     | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.            | O'Reilly Automotive, Inc.                        | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       386 | NS      | $36453.84     | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp.                  | Chord Energy Corporation                         | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |       411 | NS      | $37285.92     | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corporation          | Alliant Energy Corporation                       | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |       376 | NS      | $25124.32     | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                   | Everest Group Ltd.                               | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | US        |        78 | NS      | $24532.56     | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                     | Pegasystems, Inc.                                | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |       613 | NS      | $39017.45     | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc.                     | MSA Safety, Inc.                                 | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |       209 | NS      | $32819.27     | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                     | CSX Corporation                                  | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |      1104 | NS      | $39766.08     | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc       | Intercontinental Exchange, Inc.                  | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |       198 | NS      | $28965.42     | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                     | Ulta Beauty, Inc.                                | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |        69 | NS      | $35871.72     | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cooper Companies, Inc.          | Cooper Companies, Inc. (The)                     | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |       518 | NS      | $36213.38     | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulfport Energy Operating Corp.     | Gulfport Energy Corporation                      | CUSIP: 402635502<br>LEI: 549300FJX18IDUFPHD40 | Long             | EC               | CORP              | US        |       145 | NS      | $26971.45     | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                 | Texas Roadhouse, Inc.                            | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |       208 | NS      | $34024.64     | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust     | Federal Realty Investment Trust REIT             | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |       356 | NS      | $34243.64     | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

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

**Signature:** Daniel D. Bauer

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

**Title:** Treasurer