# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0000910472-26-000705
**Filing Date:** 2026-1
**Character Count:** 19776
**Document Hash:** ca65850b7e8fb48fa4ef08499373073b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-000705.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000910472-26-000705

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260831

**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:** 26567800

**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

### Meehan Focus Fund (Series ID: S000056709)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000179800 | Meehan Focus Fund | MEFOX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 96.6%** | **Shares** | **Value** |
| **Communications - 10.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Internet Media & Services - 10.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A | &nbsp;&nbsp;25640 | &nbsp;&nbsp;$8209415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class C | &nbsp;&nbsp;34830 | &nbsp;&nbsp;11149780 |
|  |  | &nbsp;&nbsp;19359195 |
| **Consumer Discretionary - 13.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*E-Commerce Discretionary - 5.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc. <sup>(a)</sup> | &nbsp;&nbsp;41435 | &nbsp;&nbsp;9663471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Home Construction - 1.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lennar Corporation - Class A | &nbsp;&nbsp;16000 | &nbsp;&nbsp;2100800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Discretionary - 7.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lowe's Companies, Inc. | &nbsp;&nbsp;39600 | &nbsp;&nbsp;9602208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma, Inc. | &nbsp;&nbsp;23860 | &nbsp;&nbsp;4295038 |
|  |  | &nbsp;&nbsp;13897246 |
| **Energy - 2.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Oil & Gas Producers - 2.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shell plc - ADR | &nbsp;&nbsp;52850 | &nbsp;&nbsp;3898745 |
| **Financials - 12.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Asset Management - 5.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackRock, Inc. | &nbsp;&nbsp;2925 | &nbsp;&nbsp;3063353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone, Inc. | &nbsp;&nbsp;12200 | &nbsp;&nbsp;1786324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) | &nbsp;&nbsp;65000 | &nbsp;&nbsp;6027450 |
|  |  | &nbsp;&nbsp;10877127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Insurance - 6.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. - Class B <sup>(a)</sup> | &nbsp;&nbsp;24850 | &nbsp;&nbsp;12768178 |
| **Health Care - 6.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Biotech & Pharma - 4.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novartis AG - ADR | &nbsp;&nbsp;20420 | &nbsp;&nbsp;2662768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | &nbsp;&nbsp;14800 | &nbsp;&nbsp;6417428 |
|  |  | &nbsp;&nbsp;9080196 |

---

---

| | | |
|:---|:---|:---|
| **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 96.6% (Continued)** | **Shares** | **Value** |
| **Health Care - 6.3% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Medical Equipment & Devices - 1.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;5000 | &nbsp;&nbsp;$2954150 |
| **Industrials - 10.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Electrical Equipment - 2.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Johnson Controls International plc | &nbsp;&nbsp;37275 | &nbsp;&nbsp;4335455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Industrial Support Services - 6.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals, Inc. | &nbsp;&nbsp;15750 | &nbsp;&nbsp;12839085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Machinery - 1.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deere & Company | &nbsp;&nbsp;7800 | &nbsp;&nbsp;3623022 |
| **Real Estate - 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*REITs - 1.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Millrose Properties, Inc. | &nbsp;&nbsp;8000 | &nbsp;&nbsp;243680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group, Inc. | &nbsp;&nbsp;16500 | &nbsp;&nbsp;3074280 |
|  |  | &nbsp;&nbsp;3317960 |
| **Technology - 39.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Semiconductors - 22.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applied Materials, Inc. | &nbsp;&nbsp;35365 | &nbsp;&nbsp;8920821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;58740 | &nbsp;&nbsp;23669871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation | &nbsp;&nbsp;54600 | &nbsp;&nbsp;9664200 |
|  |  | &nbsp;&nbsp;42254892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Software - 7.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | &nbsp;&nbsp;30060 | &nbsp;&nbsp;14789820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Technology Hardware - 8.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;55645 | &nbsp;&nbsp;15516608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Technology Services - 1.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | &nbsp;&nbsp;11000 | &nbsp;&nbsp;3678840 |
| **Total Common Stocks** (Cost $41,100,180) | **Total Common Stocks** (Cost $41,100,180) | &nbsp;&nbsp;$184954790 |

---

---

| | | |
|:---|:---|:---|
| **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** | **MEEHAN FOCUS FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **MONEY MARKET FUNDS - 3.4%** | **Shares** | **Value** |
| Allspring Heritage Money Market Fund - Institutional Class, 3.87% <sup>(b)</sup> (Cost $6,451,517) | &nbsp;&nbsp;6451517 | &nbsp;&nbsp;$6451517 |
| **Investments at Value - 100.0%** (Cost $47,551,697) | **Investments at Value - 100.0%** (Cost $47,551,697) | &nbsp;&nbsp;$191406307 |
| **Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup>** | **Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup>** | &nbsp;&nbsp;6123 |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | &nbsp;&nbsp;$191412430 |

---

---

| | |
|:---|:---|
| ADR | - American Depositary Receipt |
| AG | - Aktiengesellschaft |
| plc | - Public Limited Company |

---

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> The rate shown is the 7-day effective yield as of November 30, 2025.

<sup>(c)</sup> Percentage rounds to less than 0.1%.

## 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:** MEEHAN FOCUS FUND

- **b. EDGAR series identifier (if any):** S000056709

- **c. LEI of Series:** 549300Q3V8SFONB6Z454

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

- **a. Date of fiscal year-end:** 2026-08-31

- **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:** $191562848.16

**Total Liabilities:** $150418.01

**Net Assets:** $191412430.15

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000179800 | 3.88%                | 3.22%                | 1.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $6803637.95                                |
| Month 2  | $-9768.89                | $5926170.30                                |
| Month 3  | $0.23                    | $3059960.80                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Deere & Company                     | Deere & Company                                          | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      7800 | NS      | $3623022.00   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC  | Johnson Controls International plc                       | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     37275 | NS      | $4335455.25   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                          | Apple, Inc.                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     55645 | NS      | $15516608.25  | 8.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                      | Blackrock, Inc.                                          | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      2925 | NS      | $3063352.50   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                         | Novartis A.G. ADR                                        | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     20420 | NS      | $2662768.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                           | Shell plc                                                | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     52850 | NS      | $3898744.50   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated | Vertex Pharmaceuticals, Inc.                             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     14800 | NS      | $6417428.00   | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.               | Lowe's Companies, Inc.                                   | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     39600 | NS      | $9602208.00   | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                    | Amazon.com, Inc.                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     41435 | NS      | $9663470.70   | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc            | Simon Property Group, Inc. REIT                          | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     16500 | NS      | $3074280.00   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                        | NVIDIA Corporation                                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     54600 | NS      | $9664200.00   | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                      | Blackstone, Inc.                                         | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     12200 | NS      | $1786324.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc        | Thermo Fisher Scientific, Inc.                           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      5000 | NS      | $2954150.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc.            | Millrose Properties, Inc.                                | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $243680.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.              | Applied Materials, Inc.                                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     35365 | NS      | $8920821.25   | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.             | Berkshire Hathaway, Inc. Class B                         | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     24850 | NS      | $12768178.50  | 6.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                            | Visa, Inc. Class A                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     11000 | NS      | $3678840.00   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                     | Microsoft Corporation                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     30060 | NS      | $14789820.60  | 7.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                        | Lennar Corporation Class A                               | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     16000 | NS      | $2100800.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                       | Alphabet, Inc. Class A                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     25640 | NS      | $8209415.20   | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation      | Charles Schwab Corporation (The)                         | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     65000 | NS      | $6027450.00   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                        | Broadcom, Inc.                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     58740 | NS      | $23669870.40  | 12.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Allspring Funds Trust               | Allspring Heritage Money Market Fund INSTITUTIONAL CLASS | CUSIP: 94975P405<br>LEI: 549300XROIY0CTN7RZ24 | Long             | STIV             | RF                | US        |   6451517 | PA      | $6451517.01   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc.                | Williams-Sonoma, Inc.                                    | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |     23860 | NS      | $4295038.60   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                | United Rentals, Inc.                                     | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     15750 | NS      | $12839085.00  | 6.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                       | Alphabet, Inc. Class C                                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     34830 | NS      | $11149779.60  | 5.83%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Meehan Focus Fund

**Signature:** Daniel D. Bauer

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

**Title:** Treasurer