# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0000910472-26-000704
**Filing Date:** 2026-1
**Character Count:** 12616
**Document Hash:** 9fe2e945439e517dea162206c32dddb2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-000704.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000910472-26-000704

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260531

**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:** 26567801

**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:** 2026-05-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $24370437.00

**Total Liabilities:** $18111.54

**Net Assets:** $24352325.46

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000221442 | -1.65%               | 1.15%                | -4.50%               |
| Class ID C000234765 | -1.71%               | 1.16%                | -4.54%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $248790.51               | $-667724.41                                |
| Month 2  | $873108.70               | $-556427.36                                |
| Month 3  | $335811.36               | $-1459765.35                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Rubrik Inc.               | Rubrik, Inc.                                     | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |      8635 | NS      | $598578.20    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Roblox Corporation        | ROBLOX Corporation                               | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8965 | NS      | $851943.95    | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corporation     | Atlassian Corporation Class A                    | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      4775 | NS      | $713958.00    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech Inc       | Krystal Biotech, Inc.                            | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |      4240 | NS      | $924320.00    | 3.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc        | Meta Platforms, Inc. Class A                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1610 | NS      | $1043199.50   | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc              | Synopsys, Inc.                                   | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      1630 | NS      | $681356.30    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc            | ServiceNow, Inc.                                 | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      1477 | NS      | $1199929.57   | 4.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc               | Shopify, Inc. CLASS A                            | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |      7245 | NS      | $1149346.80   | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                  | Visa, Inc. Class A                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1498 | NS      | $500991.12    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd.                  | Sea Ltd.                                         | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |      6665 | NS      | $926501.65    | 3.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc       | Axon Enterprise, Inc.                            | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      1762 | NS      | $951726.68    | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd.      | Viking Holdings Ltd.                             | CUSIP: G93A5A101<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      9300 | NS      | $621054.00    | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyberark Software Ltd.    | Cyberark Software LTD.                           | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | US        |      1480 | NS      | $678713.20    | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc               | Zscaler, Inc.                                    | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      1695 | NS      | $426292.50    | 1.75%             |  |  |  | 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        |    390756 | PA      | $390755.79    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.          | Amazon.com, Inc.                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      8975 | NS      | $2093149.50   | 8.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellebrite Di Ltd         | Cellebrite DI Ltd.                               | CUSIP: M2197Q107<br>LEI: 254900G03462YGP1IO36 | Long             | EC               | CORP              | IL        |     26600 | NS      | $448476.00    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercadolibre Inc          | MercadoLibre, Inc.                               | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       350 | NS      | $725123.00    | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.             | Netflix, Inc.                                    | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     10450 | NS      | $1124211.00   | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.   | Intuitive Surgical, Inc.                         | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |       829 | NS      | $475414.92    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings Inc       | Affirm Holdings, Inc.                            | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8475 | NS      | $601301.25    | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Procept Biorobotics Corp. | PROCEPT BioRobotics Corporation                  | CUSIP: 74276L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22651 | NS      | $717583.68    | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc      | Tradeweb Markets, Inc.                           | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5542 | NS      | $603302.12    | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.             | Alphabet, Inc. Class A                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      5825 | NS      | $1865048.50   | 7.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.   | CACI International, Inc.                         | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      1605 | NS      | $990445.50    | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S       | Ascendis Pharma A/S                              | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      3128 | NS      | $664168.24    | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.           | Microsoft Corporation                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      4790 | NS      | $2356727.90   | 9.68%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

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

**Signature:** Daniel D. Bauer

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

**Title:** Treasurer