NPORT-P false 0001545440 XXXXXXXX S000068289 C000218613 Ultimus Managers Trust 811-22680 0001545440 549300FU214TAR7BFY91 225 Pictoria Drive Suite 450 Cincinnati 45246 513-587-3400 BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND S000068289 549300SN3BLRR6DNB365 2026-02-28 2025-11-30 N 237295016.13 21998018.05 215296998.08 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00 N FedEx Corporation 549300E707U7WNPZN687 31428X106 618.00000000 NS USD 170370.24000000 0.079132659312 Long EC CORP US N 1 N N N ESCO Technologies Inc. 5493007JJLP5MEWVDH10 296315104 1207.00000000 NS USD 256982.37000000 0.119361798952 Long EC CORP US N 1 N N N Boot Barn Holdings Inc 529900QE1BFMYA3N4E71 099406100 1227.00000000 NS USD 237817.14000000 0.110460035263 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 6599.00000000 NS USD 1365465.08000000 0.634223928887 Long EC CORP US N 1 N N N Banco Santander, S.A. 5493006QMFDDMYWIAM13 05964H105 56737.00000000 NS USD 608788.01000000 0.282766604007 Long EC CORP ES N 1 N N N Newmarket Corporation 54930082CG88ERDREQ47 651587107 194.00000000 NS USD 148124.82000000 0.068800225419 Long EC CORP US N 1 N N N Comerica Incorporated I9Q57JVPWHHZ3ZGBW498 200340107 2921.00000000 NS USD 234789.98000000 0.109053996151 Long EC CORP US N 1 N N N The Hanover Insurance Group, Inc. JJYR6MFKFF6CF8DBZ078 410867105 916.00000000 NS USD 169963.80000000 0.078943878231 Long EC CORP US N 1 N N N Equity Lifestyle Properties Inc 529900PEQG66LENB6798 29472R108 3049.00000000 NS USD 191690.63000000 0.089035440210 Long EC CORP US N 1 N N N Doximity Inc N/A 26622P107 2653.00000000 NS USD 136470.32000000 0.063387005493 Long EC CORP US N 1 N N N Zurn Elkay Water Solutions Corporation 549300AM3633XDFU1Q85 98983L108 5753.00000000 NS USD 274418.10000000 0.127460253717 Long EC CORP US N 1 N N N Twilio Inc 5493004W8TRGD63APX93 90138F102 7337.00000000 NS USD 951535.53000000 0.441964141853 Long EC CORP US N 1 N N N TD Synnex Corp 5493004HI6PFLF46NS53 87162W100 1595.00000000 NS USD 243205.60000000 0.112962838390 Long EC CORP US N 1 N N N Mastec, Inc. 549300TMDIT8WREDOF45 576323109 1990.00000000 NS USD 425621.20000000 0.197690262193 Long EC CORP US N 1 N N N Applied Industrial Technologies Inc. 549300NU173IJRC6PO38 03820C105 415.00000000 NS USD 107410.30000000 0.049889362581 Long EC CORP US N 1 N N N Mitsubishi UFJ Financial Group Inc. 353800V2V8PUY9TK3E06 606822104 31009.00000000 NS USD 489322.02000000 0.227277678910 Long EC CORP JP N 1 N N N First Horizon Corporation TF3RXI1ZB1TQ30H9JV10 320517105 12415.00000000 NS USD 277351.10000000 0.128822557896 Long EC CORP US N 1 N N N iShares Trust 5493000860OXIC4B5K91 464287184 75177.00000000 NS USD 2971746.81000000 1.380301089426 Long EC RF US N 1 N N N Axa SA F5WCUMTUM4RKZ1MAIE39 054536107 5597.00000000 NS USD 253432.16000000 0.117712816369 Long EC CORP FR N 1 N N N The Bank of New York Mellon Corp. WFLLPEPC7FZXENRZV188 064058100 1994.00000000 NS USD 223527.40000000 0.103822813134 Long EC CORP US N 1 N N N Merck & Co., Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 6743.00000000 NS USD 706868.69000000 0.328322594510 Long EC CORP US N 1 N N N Siemens Energy AG 5299005CHJZ14D4FDJ62 82621A104 3945.00000000 NS USD 527367.60000000 0.244948886748 Long EC CORP DE N 1 N N N Dycom Industries, Inc. 549300F56EKTHQI3WT60 267475101 819.00000000 NS USD 296093.07000000 0.137527728041 Long EC CORP US N 1 N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 02209S103 2534.00000000 NS USD 149531.34000000 0.069453518318 Long EC CORP US N 1 N N N ProShares Trust 5493005D9DS7C1P5AM59 74347R107 37894.00000000 NS USD 2207704.44000000 1.025422769331 Long EC RF US N 1 N N N Armstrong World Industries, Inc. KXMRXXOJ88Q45Y45MG74 04247X102 1445.00000000 NS USD 274174.30000000 0.127347014795 Long EC CORP US N 1 N N N Guidewire Software Inc 549300WXSG0J8IXZCK32 40171V100 1397.00000000 NS USD 301724.06000000 0.140143180207 Long EC CORP US N 1 N N N AbbVie Inc. FR5LCKFTG8054YNNRU85 00287Y109 5021.00000000 NS USD 1143281.70000000 0.531025378986 Long EC CORP US N 1 N N N Sun Communities, Inc. 549300H5GEOJYN41ZG57 866674104 3828.00000000 NS USD 493199.52000000 0.229078679404 Long EC CORP US N 1 N N N BWX Technologies Inc. 549300NP85N265KWMS58 05605H100 3592.00000000 NS USD 642536.96000000 0.298442136086 Long EC CORP US N 1 N N N OSI System Inc. DDX3MPX1Y8YD30050X33 671044105 632.00000000 NS USD 171177.20000000 0.079507471783 Long EC CORP US N 1 N N N Enel S.p.A. WOCMU6HCI0OJWNPRZS33 29265W207 51233.00000000 NS USD 528724.56000000 0.245579160283 Long EC CORP IT N 1 N N N BNP Paribas SA R0MUWSFPU8MPRO8K5P83 05565A202 6658.00000000 NS USD 285694.78000000 0.132697985827 Long EC CORP FR N 1 N N N Corcept Therapeutics Inc. 529900EO9LUTFMZ7FF90 218352102 2136.00000000 NS USD 169598.40000000 0.078774159190 Long EC CORP US N 1 N N N UBS Group AG 549300SZJ9VS8SGXAN81 H42097107 6658.00000000 NS USD 256998.80000000 0.119369430271 Long EC CORP CH N 1 N N N Deere & Company PWFTNG3EI0Y73OXWDH08 244199105 778.00000000 NS USD 361373.22000000 0.167848703522 Long EC CORP US N 1 N N N Lloyds Banking Group PLC 549300PPXHEU2JF0AM85 539439109 105613.00000000 NS USD 538626.30000000 0.250178267604 Long EC CORP GB N 1 N N N Thermo Fisher Scientific Inc HCHV7422L5HDJZCRFL38 883556102 973.00000000 NS USD 574877.59000000 0.267016073204 Long EC CORP US N 1 N N N ASML Holding N.V. 724500Y6DUVHQD6OXN27 N07059210 498.00000000 NS USD 527880.00000000 0.245186883564 Long EC CORP NL N 1 N N N Talen Energy Corporation N/A 87422Q109 2183.00000000 NS USD 860691.41000000 0.399769350095 Long EC CORP US N 1 N N N Casey'S General Stores Inc. 549300CAFWSI86V66Q65 147528103 989.00000000 NS USD 564184.94000000 0.262049608230 Long EC CORP US N 1 N N N Simon Property Group Inc 529900GQL5X8H7AO3T64 828806109 6999.00000000 NS USD 1304053.68000000 0.605699889747 Long EC CORP US N 1 N N N HSBC Holdings PLC MLU0ZO3ML4LN2LL2TL39 404280406 7194.00000000 NS USD 511925.04000000 0.237776208941 Long EC CORP GB N 1 N N N The Toronto-Dominion Bank PT3QB789TSUIDF371261 891160509 6226.00000000 NS USD 522548.18000000 0.242710388282 Long EC CORP CA N 1 N N N Citigroup Inc. 6SHGI4ZSSLCXXQSBB395 172967424 5240.00000000 NS USD 542864.00000000 0.252146571871 Long EC CORP US N 1 N N N Safran SA 969500UIC89GT3UL7L24 786584102 5574.00000000 NS USD 465763.44000000 0.216335315472 Long EC CORP FR N 1 N N N RB Global Inc 5493002H8U24DJXQ4886 74935Q107 3031.00000000 NS USD 297644.20000000 0.138248188620 Long EC CORP US N 1 N N N National Australia Bank Ltd. F8SB4JFBSYQFRQEH3Z21 632525408 33585.00000000 NS USD 444329.55000000 0.206379816700 Long EC CORP AU N 1 N N N AIA Group Ltd, Hong Kong ZP5ILWVSYE4LJGMMVD57 001317205 12898.00000000 NS USD 538104.56000000 0.249935932594 Long EC CORP HK N 1 N N N British American Tobacco PLC 213800FKA5MF17RJKT63 110448107 8547.00000000 NS USD 501367.02000000 0.232872276191 Long EC CORP GB N 1 N N N iShares Trust 5493000860OXIC4B5K91 46429B671 49699.00000000 NS USD 3091277.80000000 1.435820205375 Long EC RF US N 1 N N N Janus Henderson Group PLC 2138009WPYMWJN3RVF44 G4474Y214 2441.00000000 NS USD 106696.11000000 0.049557639424 Long EC CORP GB N 1 N N N Host Hotels & Resorts Inc N6EL63S0K3PB1YFTDI24 44107P104 21713.00000000 NS USD 382800.19000000 0.177800988129 Long EC CORP US N 1 N N N Haleon PLC 549300PSB3WWEODCUP19 405552100 26288.00000000 NS USD 257096.64000000 0.119414874472 Long EC CORP GB N 1 N N N General Motors Company 54930070NSV60J38I987 37045V100 2614.00000000 NS USD 192181.28000000 0.089263334702 Long EC CORP US N 1 N N N Realty Income Corporation 549300CUWDAUZSH43859 756109104 10449.00000000 NS USD 601966.89000000 0.279598366613 Long EC CORP US N 1 N N N Caretrust Reit Inc 5493001NVXE2B9GPLU96 14174T107 4973.00000000 NS USD 186636.69000000 0.086688013146 Long EC CORP US N 1 N N N EssilorLuxottica SA 549300M3VH1A3ER1TB49 297284200 2995.00000000 NS USD 536763.90000000 0.249313229997 Long EC CORP FR N 1 N N N Bristol-Myers Squibb Company HLYYNH7UQUORYSJQCN42 110122108 3035.00000000 NS USD 149322.00000000 0.069356285192 Long EC CORP US N 1 N N N AECOM 0EEB8GF0W0NPCIHZX097 00766T100 1515.00000000 NS USD 156241.95000000 0.072570426616 Long EC CORP US N 1 N N N Shopify Inc 549300HGQ43STJLLP808 82509L107 3913.00000000 NS USD 620758.32000000 0.288326509675 Long EC CORP CA N 1 N N N Houlihan Lokey Inc. 549300S3CNGTQ1QZVY46 441593100 730.00000000 NS USD 128042.00000000 0.059472264426 Long EC CORP US N 1 N N N Philip Morris International Inc. HL3H1H2BGXWVG3BSWR90 718172109 2327.00000000 NS USD 366455.96000000 0.170209507456 Long EC CORP US N 1 N N N Unilever PLC 549300MKFYEKVRWML317 904767704 4239.00000000 NS USD 256841.01000000 0.119296140815 Long EC CORP GB N 1 N N N InterDigital, Inc. 529900HQAUTC3VI47G64 45867G101 1480.00000000 NS USD 529470.00000000 0.245925398273 Long EC CORP US N 1 N N N Munich Reinsurance AG 529900MUF4C20K50JS49 626188106 19972.00000000 NS USD 252246.36000000 0.117162042318 Long EC CORP DE N 1 N N N Pegasystems Inc 549300FMCOKPL06FYN26 705573103 3138.00000000 NS USD 171868.26000000 0.079828451642 Long EC CORP US N 1 N N N GSK plc 5493000HZTVUYLO1D793 37733W204 11539.00000000 NS USD 552256.54000000 0.256509168694 Long EC CORP GB N 1 N N N Barclays PLC 213800LBQA1Y9L22JB70 06738E204 22648.00000000 NS USD 516147.92000000 0.239737629694 Long EC CORP GB N 1 N N N Rocket Companies Inc N/A 77311W101 23438.00000000 NS USD 468291.24000000 0.217509414518 Long EC CORP US N 1 N N N Exelixis, Inc. 254900PJQB59O2O95R37 30161Q104 6722.00000000 NS USD 296910.74000000 0.137907515036 Long EC CORP US N 1 N N N Union Pacific Corporation 549300LMMRSZZCZ8CL11 907818108 829.00000000 NS USD 192187.07000000 0.089266024010 Long EC CORP US N 1 N N N Capital One Financial Corp. ZUE8T73ROZOF6FLBAR73 14040H105 875.00000000 NS USD 191686.25000000 0.089033405811 Long EC CORP US N 1 N N N Enbridge Inc. 98TPTUM4IVMFCZBCUR27 29250N105 10569.00000000 NS USD 515555.82000000 0.239462614248 Long EC CORP CA N 1 N N N Global X Funds 5493003RA4QUTSYF1N15 37954Y319 3477.00000000 NS USD 227117.64000000 0.105490388637 Long EC RF US N 1 N N N Amazon.com, Inc. ZXTILKJKG63JELOEG630 023135106 29514.00000000 NS USD 6883255.08000000 3.197097563544 Long EC CORP US N 1 N N N Telephone and Data Systems Inc. N/A 879433829 4846.00000000 NS USD 195148.42000000 0.090641496045 Long EC CORP US N 1 N N N UGI Corp DX6GCWD4Q1JO9CRE5I40 902681105 7616.00000000 NS USD 301212.80000000 0.139905712892 Long EC CORP US N 1 N N N Pfizer Inc. 765LHXWGK1KXCLTFYQ30 717081103 8281.00000000 NS USD 213152.94000000 0.099004139352 Long EC CORP US N 1 N N N Iberdrola, S.A. 5QK37QC7NWOJ8D7WVQ45 450737101 5829.00000000 NS USD 493366.56000000 0.229156265252 Long EC CORP ES N 1 N N N Kone Oyj 2138001CNF45JP5XZK38 50048H101 14169.00000000 NS USD 480541.64000000 0.223199414894 Long EC CORP FI N 1 N N N Emcor Group Inc 529900X0SQJB2J7YDU43 29084Q100 777.00000000 NS USD 477909.39000000 0.221976801470 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 464286780 1913.00000000 NS USD 127673.62000000 0.059301161251 Long EC RF US N 1 N N N LVMH Moet Hennessy Louis Vuitton SE IOG4E947OATN0KJYSD45 502441306 3596.00000000 NS USD 533142.96000000 0.247631395121 Long EC CORP US N 1 N N N Compagnie Financiere Richemont Sa 549300YIPGJ6UX2QPS51 204319107 25365.00000000 NS USD 537738.00000000 0.249765674763 Long EC CORP US N 1 N N N Omega Healthcare Investors, Inc. 549300OJ7ENK42CZ8E73 681936100 7674.00000000 NS USD 352390.08000000 0.163676262624 Long EC CORP US N 1 N N N Rio Tinto PLC 213800YOEO5OQ72G2R82 767204100 7328.00000000 NS USD 527249.60000000 0.244894078738 Long EC CORP GB N 1 N N N Mizuho Financial Group Inc. 353800CI5L6DDAN5XZ33 60687Y109 77437.00000000 NS USD 549802.70000000 0.255369422194 Long EC CORP JP N 1 N N N Berkshire Hathaway Inc. 5493000C01ZX7D35SD85 084670702 5431.00000000 NS USD 2790502.11000000 1.296117519001 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 464286624 15760.00000000 NS USD 930470.40000000 0.432179922756 Long EC RF US N 1 N N N Bank of Nova Scotia L3I9ZG2KFGXZ61BMYR72 064149107 7955.00000000 NS USD 551201.95000000 0.256019338363 Long EC CORP CA N 1 N N N Schneider Electric SE 969500A1YF1XUYYXS284 80687P106 8721.00000000 NS USD 467794.44000000 0.217278663507 Long EC CORP FR N 1 N N N Duke Energy Corp I1BZKREC126H0VB1BL91 26441C204 2182.00000000 NS USD 270437.08000000 0.125611170806 Long EC CORP US N 1 N N N Performance Food Group Co. 549300EUK8GR9IT1YK57 71377A103 2087.00000000 NS USD 202585.09000000 0.094095640815 Long EC CORP US N 1 N N N AstraZeneca PLC PY6ZZQWO2IZFZC3IOL08 046353108 6499.00000000 NS USD 602587.28000000 0.279886522048 Long EC CORP GB N 1 N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 060505104 19271.00000000 NS USD 1033889.15000000 0.480215311509 Long EC CORP US N 1 N N N API Group Corp 213800NZT1VX6PZ7BT53 00187Y100 10315.00000000 NS USD 408061.40000000 0.189534180057 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 11135F101 13368.00000000 NS USD 5386769.28000000 2.502017830271 Long EC CORP US N 1 N N N Tenet Healthcare Corporation 0W9AIBT6U6ADJ2I8HK17 88033G407 1991.00000000 NS USD 431728.44000000 0.200526920416 Long EC CORP US N 1 N N N Flex Ltd. 549300EAQH74YHD07T53 Y2573F102 9403.00000000 NS USD 555811.33000000 0.258160278571 Long EC CORP US N 1 N N N Encompass Health Corporation 549300FVRPM9DRQZRG64 29261A100 1099.00000000 NS USD 127725.78000000 0.059325388249 Long EC CORP US N 1 N N N BAE Systems PLC 8SVCSVKSGDWMW2QHOH83 05523R107 4506.00000000 NS USD 386209.26000000 0.179384414759 Long EC CORP GB N 1 N N N Goldman Sachs Group, Inc. 784F5XWPLTWKTBV3E584 38141G104 910.00000000 NS USD 751696.40000000 0.349143929875 Long EC CORP US N 1 N N N Southern Co. 549300FC3G3YU2FBZD92 842587107 1644.00000000 NS USD 149801.28000000 0.069578898607 Long EC CORP US N 1 N N N ETF Series Solutions 5493008BB0X0GYS3UI50 26922A453 22500.00000000 NS USD 2250225.00000000 1.045172491984 Long EC RF US N 1 N N N Alphabet Inc. 5493006MHB84DD0ZWV18 02079K305 14888.00000000 NS USD 4766839.84000000 2.214076314351 Long EC CORP US N 1 N N N Lockheed Martin Corporation DPRBOZP0K5RM2YE8UU08 539830109 329.00000000 NS USD 150635.94000000 0.069966577027 Long EC CORP US N 1 N N N Sterling Infrastructure Inc 549300RZIK6K1215XU51 859241101 1805.00000000 NS USD 621479.55000000 0.288661502734 Long EC CORP US N 1 N N N Daiichi Sankyo Co Ltd. 353800XGIU2IHQGC9504 23381D102 9954.00000000 NS USD 244868.40000000 0.113735166854 Long EC CORP JP N 1 N N N American Express Company R4PP93JZOLY261QX3811 025816109 1564.00000000 NS USD 571282.28000000 0.265346142814 Long EC CORP US N 1 N N N TotalEnergies SE 529900S21EQ1BO4ESM68 89151E109 7788.00000000 NS USD 511671.60000000 0.237658492483 Long EC CORP FR N 1 N N N Planet Fitness Inc. 549300LLE5HUPF6H8G33 72703H101 2282.00000000 NS USD 255515.54000000 0.118680493587 Long EC CORP US N 1 N N N Rheinmetall AG 5299001OU9CSE29O6S05 76206K107 1125.00000000 NS USD 381870.00000000 0.177368938445 Long EC CORP DE N 1 N N N Interactive Brokers Group Inc 5493004DT6DCDUZNDM53 45841N107 16471.00000000 NS USD 1070944.42000000 0.497426545446 Long EC CORP US N 1 N N N Idacorp Inc N134NUJDWN8UEFA8B673 451107106 1945.00000000 NS USD 256312.10000000 0.119050475522 Long EC CORP US N 1 N N N U.S. Bancorp. N1GZ7BBF3NP8GI976H15 902973304 4487.00000000 NS USD 220087.35000000 0.102224997079 Long EC CORP US N 1 N N N Comfort Systems USA Inc. 5299009DT1ZA5HTU6R38 199908104 1401.00000000 NS USD 1368692.94000000 0.635723188063 Long EC CORP US N 1 N N N Advanced Micro Devices Inc. R2I72C950HOYXII45366 007903107 5495.00000000 NS USD 1195327.35000000 0.555199264578 Long EC CORP US N 1 N N N Five Below Inc 529900AAXP5Z6BGI7418 33829M101 1663.00000000 NS USD 274212.07000000 0.127364558003 Long EC CORP US N 1 N N N Hitachi Ltd. 549300T6IPOCDWLKC615 433578507 15360.00000000 NS USD 491366.40000000 0.228227241615 Long EC CORP JP N 1 N N N Ciena Corporation W0CZ7N0GH8UIGXDM1H41 171779309 4106.00000000 NS USD 838486.26000000 0.389455620597 Long EC CORP US N 1 N N N Ishares Gold Trust 5493006UOY7GXQW0IP42 464285204 71732.00000000 NS USD 5696238.12000000 2.645758264536 Long EC RF US N 1 N N N Wesfarmers Ltd. 5493003L32ZX9557ST85 950840306 17113.00000000 NS USD 458115.01000000 0.212782813548 Long EC CORP AU N 1 N N N Pepsico Inc FJSUNZKFNQ5YPJ5OT455 713448108 4012.00000000 NS USD 596744.88000000 0.277172875293 Long EC CORP US N 1 N N N Piper Sandler Companies QUQDBTUSOAKFEVMRMF78 724078100 579.00000000 NS USD 194486.10000000 0.090333865188 Long EC CORP US N 1 N N N JBT Marel Corp. 5493007CT6ATBZ2L6826 477839104 1672.00000000 NS USD 234966.16000000 0.109135827296 Long EC CORP US N 1 N N N Direxion Shares ETF Trust 549300M501IVJM50FG12 25459W862 29000.00000000 NS USD 6459170.00000000 3.000120790165 Long EC RF US N 1 N N N Cisco Systems, Inc. 549300LKFJ962MZ46593 17275R102 10958.00000000 NS USD 843108.52000000 0.391602543239 Long EC CORP US N 1 N N N Brambles Ltd. N/A 105105209 16289.00000000 NS USD 515107.05000000 0.239254171954 Long EC CORP AU N 1 N N N Lamar Advertising Company 529900Y8WW4MKVPTB543 512816109 2738.00000000 NS USD 362483.82000000 0.168364549079 Long EC CORP US N 1 N N N DBS Group Holdings Ltd. 5493007FKT78NKPM5V55 23304Y100 3052.00000000 NS USD 511973.00000000 0.237798485146 Long EC CORP SG N 1 N N N Swiss RE AG 529900PS9YW3YY29F326 870886108 9555.00000000 NS USD 421471.05000000 0.195762622683 Long EC CORP CH N 1 N N N Sitime Corporation N/A 82982T106 500.00000000 NS USD 148850.00000000 0.069137053153 Long EC CORP US N 1 N N N Unum Group 549300E32YFDO6TZ8R31 91529Y106 3903.00000000 NS USD 296510.91000000 0.137721804133 Long EC CORP US N 1 N N N Fast Retailing Co Ltd. 353800ZCXKHDPY0N5218 31188H101 14254.00000000 NS USD 520698.62000000 0.241851314529 Long EC CORP JP N 1 N N N Sony Financial Group Inc. 353800O7BDSU41WOZA60 83571B100 3712.00000000 NS USD 17409.28000000 0.008086169410 Long EC CORP JP N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 464286772 43257.00000000 NS USD 3930763.59000000 1.825740082330 Long EC RF US N 1 N N N National Fuel Gas Company 8JB38FFW1Y3C1HM8E841 636180101 2074.00000000 NS USD 171001.30000000 0.079425770691 Long EC CORP US N 1 N N N Intel Corporation KNX4USFCNGPY45LOCE31 458140100 12114.00000000 NS USD 491343.84000000 0.228216763067 Long EC CORP US N 1 N N N Woodward Inc. YPYKXXTR8TFDH54ZMB45 980745103 2293.00000000 NS USD 687968.79000000 0.319544069882 Long EC CORP US N 1 N N N iShares Trust 5493000860OXIC4B5K91 46434V779 5639.00000000 NS USD 106464.32000000 0.049449978842 Long EC RF US N 1 N N N Lumentum Holdings Inc. 549300JLWRRC38DWEF52 55024U109 1508.00000000 NS USD 490341.28000000 0.227751099352 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 46434G772 20466.00000000 NS USD 1320261.66000000 0.613228085748 Long EC RF US N 1 N N N Firstcash Holdings Inc N/A 33768G107 939.00000000 NS USD 148746.99000000 0.069089207618 Long EC CORP US N 1 N N N NVent Electric PLC N/A G6700G107 3850.00000000 NS USD 412989.50000000 0.191823157630 Long EC CORP GB N 1 N N N Curtiss-Wright Corp. TEL51ETZWP7D0ZM4X325 231561101 1630.00000000 NS USD 919792.70000000 0.427220401678 Long EC CORP US N 1 N N N BHP Group Ltd. WZE1WSENV6JSZFK0JC28 088606108 4696.00000000 NS USD 257012.08000000 0.119375598495 Long EC CORP AU N 1 N N N SPX Technologies, Inc. N/A 78473E103 1151.00000000 NS USD 247511.04000000 0.114962606170 Long EC CORP US N 1 N N N Danaher Corporation S4BKK9OTCEWQ3YHPFM11 235851102 1877.00000000 NS USD 425666.06000000 0.197711098527 Long EC CORP US N 1 N N N Mueller Industries Inc. 5493005IZFE4VJLLYG84 624756102 2569.00000000 NS USD 282256.03000000 0.131100773590 Long EC CORP US N 1 N N N iShares Trust 5493000860OXIC4B5K91 46434V761 5752.00000000 NS USD 106872.16000000 0.049639410188 Long EC RF US N 1 N N N MasterCard Incorporated AR5L2ODV9HN37376R084 57636Q104 1249.00000000 NS USD 687611.97000000 0.319378336034 Long EC CORP US N 1 N N N Nestle SA KY37LUS27QQX7BB93L28 641069406 2622.00000000 NS USD 261098.76000000 0.121273757798 Long EC CORP CH N 1 N N N Somnigroup International Inc. 549300HFEKVR3US71V91 88023U101 5395.00000000 NS USD 493750.40000000 0.229334549205 Long EC CORP US N 1 N N N Boeing Co. RVHJWBXLJ1RFUBSY1F30 097023105 1133.00000000 NS USD 214137.00000000 0.099461210286 Long EC CORP US N 1 N N N Siemens AG W38RGI023J3WT1HWRP32 826197501 8797.00000000 NS USD 1166834.08000000 0.541964862680 Long EC CORP DE N 1 N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 594918104 11661.00000000 NS USD 5737328.61000000 2.664843755911 Long EC CORP US N 1 N N N QUALCOMM Inc. H1J8DDZKZP6H7RWC0H53 747525103 2984.00000000 NS USD 501580.56000000 0.232971460110 Long EC CORP US N 1 N N N Vestas Wind Systems AS 549300DYMC8BGZZC8844 925458101 73272.00000000 NS USD 578116.08000000 0.268520269746 Long EC CORP DK N 1 N N N Volvo AB 549300HGV012CNC8JD22 928854108 9167.00000000 NS USD 274643.32000000 0.127564862700 Long EC CORP SE N 1 N N N Welltower Inc. 254900F33BIAR82QTA19 95040Q104 12097.00000000 NS USD 2518837.34000000 1.169936117299 Long EC CORP US N 1 N N N Evercore Inc 529900P6KLPT95DW3W58 29977A105 996.00000000 NS USD 318789.72000000 0.148069746834 Long EC CORP US N 1 N N N Granite Construction Inc 549300OM4BWMCIXVCZ39 387328107 1832.00000000 NS USD 196994.96000000 0.091499167083 Long EC CORP US N 1 N N N W. P. Carey Inc 54930042CRNE713E3Q67 92936U109 5048.00000000 NS USD 340083.76000000 0.157960288825 Long EC CORP US N 1 N N N Kering S.A. 549300VGEJKB7SVUZR78 492089107 14462.00000000 NS USD 491852.62000000 0.228453078485 Long EC CORP FR N 1 N N N Amgen Inc. 62QBXGPJ34PQ72Z12S66 031162100 1617.00000000 NS USD 558608.82000000 0.259459641788 Long EC CORP US N 1 N N N NVIDIA Corp. 549300S4KLFTLO7GSQ80 67066G104 77307.00000000 NS USD 13683339.00000000 6.355564230819 Long EC CORP US N 1 N N N Apple Inc. HWUPKR0MPOU8FGXBT394 037833100 43492.00000000 NS USD 12127744.20000000 5.633029864863 Long EC CORP US N 1 N N N L'Oreal S.A. 529900JI1GG6F7RKVI53 502117203 2987.00000000 NS USD 260257.31000000 0.120882925596 Long EC CORP FR N 1 N N N TXNM Energy Inc. 5493003JOBJGLZSDDQ28 69349H107 3662.00000000 NS USD 214043.90000000 0.099417967695 Long EC CORP US N 1 N N N First American Funds Inc. 549300J5J5SJCZ9IA369 31846V336 2397908.99000000 PA USD 2397908.99000000 1.113767963039 Long STIV RF US N 1 N N N Deutsche Telekom AG 549300V9QSIG4WX4GJ96 251566105 7156.00000000 NS USD 230280.08000000 0.106959261881 Long EC CORP DE N 1 N N N 3M Company LUZQVYP4VS22CLWDAR65 88579Y101 1542.00000000 NS USD 265301.10000000 0.123225638242 Long EC CORP US N 1 N N N Netflix, Inc. 549300Y7VHGU0I7CE873 64110L106 7150.00000000 NS USD 769197.00000000 0.357272515111 Long EC CORP US N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 G5960L103 3671.00000000 NS USD 386666.43000000 0.179596758639 Long EC CORP IE N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 464286822 13069.00000000 NS USD 894180.98000000 0.415324406737 Long EC RF US N 1 N N N Sony Group Corp. 529900R5WX9N2OI2N910 835699307 18560.00000000 NS USD 544736.00000000 0.253016068434 Long EC CORP JP N 1 N N N Coca-Cola Co (The) UWJKFUJFZ02DKWI3RY53 191216100 11361.00000000 NS USD 830716.32000000 0.385846680357 Long EC CORP US N 1 N N N Emerson Electric Co. FGLT0EWZSUIRRITFOA30 291011104 806.00000000 NS USD 107504.28000000 0.049933013910 Long EC CORP US N 1 N N N Mercedes-Benz Group AG 529900R27DL06UVNT076 233825207 29278.00000000 NS USD 493334.30000000 0.229141281299 Long EC CORP DE N 1 N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 617446448 3611.00000000 NS USD 612642.26000000 0.284556805465 Long EC CORP US N 1 N N N OGE Energy Corporation CE5OG6JPOZMDSA0LAQ19 670837103 2802.00000000 NS USD 128275.56000000 0.059580747127 Long EC CORP US N 1 N N N Toyota Motor Corp. 5493006W3QUS5LMH6R84 892331307 2315.00000000 NS USD 467329.05000000 0.217062501645 Long EC CORP JP N 1 N N N iShares Trust 5493000860OXIC4B5K91 46429B598 74529.00000000 NS USD 4077481.59000000 1.893886875508 Long EC RF US N 1 N N N Acuity Inc. N/A 00508Y102 609.00000000 NS USD 223149.78000000 0.103647418212 Long EC CORP US N 1 N N N Chevron Corp. N/A 166764100 2961.00000000 NS USD 447495.93000000 0.207850519975 Long EC CORP US N 1 N N N Watts Water Technologies Inc. 549300REJOO94ERQN318 942749102 692.00000000 NS USD 190908.96000000 0.088672374302 Long EC CORP US N 1 N N N Anheuser-Busch Inbev SA/NV 5493008H3828EMEXB082 03524A108 4145.00000000 NS USD 255041.85000000 0.118460476585 Long EC CORP BE N 1 N N N Roche Holding AG 549300U41AUUVOAAOB37 771195104 10722.00000000 NS USD 512833.26000000 0.238198054117 Long EC CORP CH N 1 N N N Commonwealth Bank of Australia MSFSBD3QN1GSN7Q6C537 202712600 4502.00000000 NS USD 450109.96000000 0.209064670670 Long EC CORP AU N 1 N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 68389X105 2803.00000000 NS USD 566065.85000000 0.262923243263 Long EC CORP US N 1 N N N Gilead Sciences Inc. 549300WTZWR07K8MNV44 375558103 3270.00000000 NS USD 411496.80000000 0.191129836305 Long EC CORP US N 1 N N N BP PLC 213800LH1BZH3DI6G760 055622104 13240.00000000 NS USD 477964.00000000 0.222002166431 Long EC CORP GB N 1 N N N Geberit AG 52990093Z5OHD6T7BS47 36840V109 6876.00000000 NS USD 535537.26000000 0.248743486800 Long EC CORP CH N 1 N N N Bandai Namco Holdings Inc. 3538008EFEM34VRJDQ95 059831107 14355.00000000 NS USD 209396.39000000 0.097259317067 Long EC CORP JP N 1 N N N International Business Machines Corp. VGRQXHF3J8VDLUA7XE92 459200101 2727.00000000 NS USD 841497.66000000 0.390854339588 Long EC CORP US N 1 N N N Intesa Sanpaolo S.p.A. 2W8N8UU78PMDQKZENC08 46115H107 12901.00000000 NS USD 520297.33000000 0.241664925493 Long EC CORP IT N 1 N N N Carpenter Technology Corporation DX6I6ZD3X5WNNCDJKP85 144285103 2018.00000000 NS USD 642813.72000000 0.298570684093 Long EC CORP US N 1 N N N Banco BBVA Argentina S A 579100KKDBKJFDKKD024 058934100 15740.00000000 NS USD 252784.40000000 0.117411948264 Long EC CORP AR N 1 N N N Ventas Inc. ORQTRC074CWLT3DKHT41 92276F100 11649.00000000 NS USD 939258.87000000 0.436261944372 Long EC CORP US N 1 N N N Prologis Inc. 529900DFH19P073LZ636 74340W103 16988.00000000 NS USD 2183467.64000000 1.014165389890 Long EC CORP US N 1 N N N Royal Bank of Canada ES7IP3U3RHIGC71XBU11 780087102 3396.00000000 NS USD 523289.64000000 0.243054777663 Long EC CORP CA N 1 N N N Brookfield Corp. C6J3FGIWG6MBDGTE8F80 11271J107 9993.00000000 NS USD 469671.00000000 0.218150278075 Long EC CORP CA N 1 N N N United Therapeutics Corporation 5299005C4HZL4UWROC14 91307C102 958.00000000 NS USD 465588.00000000 0.216253828038 Long EC CORP US N 1 N N N Federated 25490005VWJDWX717014 60934N104 664688.63000000 PA USD 664688.63000000 0.308731025479 Long STIV RF US N 1 N N N Jackson Financial Inc 213800WXW2KG1N4CO374 46817M107 2338.00000000 NS USD 229147.38000000 0.106433151434 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 464286640 32018.00000000 NS USD 1212201.48000000 0.563036870374 Long EC RF US N 1 N N N Adyen NV 724500973ODKK3IFQ447 00783V104 29300.00000000 NS USD 454736.00000000 0.211213349027 Long EC CORP NL N 1 N N N Bank of Montreal NQQ6HPCNCCU6TUTQYE16 063671101 4003.00000000 NS USD 504898.39000000 0.234512508071 Long EC CORP CA N 1 N N N Exxon Mobil Corp. J3WHBG0MTS7O8ZVMDC91 30231G102 13069.00000000 NS USD 1514958.48000000 0.703659825037 Long EC CORP US N 1 N N N General Dynamics Corporation 9C1X8XOOTYY2FNYTVH06 369550108 756.00000000 NS USD 258272.28000000 0.119960929461 Long EC CORP US N 1 N N N Sompo Holdings Inc. 353800CWW4SRGEYEB512 83540J101 16653.00000000 NS USD 263117.40000000 0.122211364926 Long EC CORP JP N 1 N N N Alphabet Inc. 5493006MHB84DD0ZWV18 02079K107 12143.00000000 NS USD 3887217.16000000 1.805513869058 Long EC CORP US N 1 N N N Palantir Technologies Inc 549300UVN46B3BBDHO85 69608A108 7136.00000000 NS USD 1202059.20000000 0.558326038319 Long EC CORP US N 1 N N N Allianz SE 529900K9B0N5BT694847 018820100 28026.00000000 NS USD 1207920.60000000 0.561048510091 Long EC CORP DE N 1 N N N Shell PLC 21380068P1DRHMJ8KU70 780259305 6186.00000000 NS USD 456341.22000000 0.211958933041 Long EC CORP GB N 1 N N N Sanmina Corp X5K24XLM8QYRXF00EB42 801056102 2180.00000000 NS USD 340439.70000000 0.158125613936 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 464286400 30405.00000000 NS USD 1021912.05000000 0.474652252058 Long EC RF US N 1 N N N Walmart Inc Y87794H0US1R65VBXU25 931142103 17395.00000000 NS USD 1922321.45000000 0.892869602058 Long EC CORP US N 1 N N N National Grid PLC 8R95QZMKZLJX5Q2XR704 636274409 5738.00000000 NS USD 436719.18000000 0.202844992682 Long EC CORP GB N 1 N N N Intuitive Surgical Inc. 54930052SRG011710797 46120E602 1047.00000000 NS USD 600433.56000000 0.278886173683 Long EC CORP US N 1 N N N NextEra Energy Inc 254900RHL9MEUS5NKX63 65339F101 6287.00000000 NS USD 542505.23000000 0.251979932297 Long EC CORP US N 1 N N N Jones Lang LaSalle Incorporated 6SYKCME112RT8TQUO411 48020Q107 1123.00000000 NS USD 365749.87000000 0.169881546543 Long EC CORP US N 1 N N N DT Midstream Inc N/A 23345M107 2825.00000000 NS USD 343124.50000000 0.159372635503 Long EC CORP US N 1 N N N Penumbra Inc. 549300RGE06P3ECANU72 70975L107 938.00000000 NS USD 274993.46000000 0.127727493858 Long EC CORP US N 1 N N N Nintendo Co Ltd. 353800FEEXU6I9M0ZF27 654445303 24241.00000000 NS USD 512939.56000000 0.238247427773 Long EC CORP JP N 1 N N N Old Republic International Corporation 549300IV6O2YY2A1KH37 680223104 6746.00000000 NS USD 310990.60000000 0.144447253223 Long EC CORP US N 1 N N N Stifel Financial Corporation 549300E5F07FE5GHJX84 860630102 3343.00000000 NS USD 407846.00000000 0.189434132216 Long EC CORP US N 1 N N N TTM Technologies Inc 549300SC4BDOIS008048 87305R109 5202.00000000 NS USD 365076.36000000 0.169568718215 Long EC CORP US N 1 N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 949746101 9640.00000000 NS USD 827594.00000000 0.384396441836 Long EC CORP US N 1 N N N Rolls-Royce Holdings PLC 213800EC7997ZBLZJH69 775781206 33785.00000000 NS USD 476030.65000000 0.221104174347 Long EC CORP GB N 1 N N N Hims & Hers Health Inc 254900V041EIVTSB6D58 433000106 4374.00000000 NS USD 173910.24000000 0.080776899608 Long EC CORP US N 1 N N N Direxion Shares ETF Trust 549300M501IVJM50FG12 25460G286 153000.00000000 NS USD 2833560.00000000 1.316116817823 Long EC RF US N 1 N N N Airbus SE MINO79WLOO247M1IL051 009279100 9221.00000000 NS USD 532512.75000000 0.247338678545 Long EC CORP FR N 1 N N N Caterpillar Inc WRJR7GS4GTRECRRTVX92 149123101 1333.00000000 NS USD 767488.08000000 0.356478765075 Long EC CORP US N 1 N N N Deutsche Post AG 8ER8GIG7CSMVD8VUFE78 25157Y202 11091.00000000 NS USD 577952.01000000 0.268444063388 Long EC CORP DE N 1 N N N Hermes International 969500Y4IJGHJE2MTJ13 42751Q105 1007.00000000 NS USD 245587.16000000 0.114069012661 Long EC CORP FR N 1 N N N Blackrock Inc. 529900VBK42Y5HHRMD23 09290D101 205.00000000 NS USD 214696.50000000 0.099721083858 Long EC CORP US N 1 N N N The Charles Schwab Corporation 549300VSGCJ7E698NM85 808513105 2542.00000000 NS USD 235719.66000000 0.109485808953 Long EC CORP US N 1 N N N RBC Bearings Inc N/A 75524B104 865.00000000 NS USD 384899.05000000 0.178775855414 Long EC CORP US N 1 N N N Eastgroup Properties, Inc. 31TIGQQZC4P6JMHKSW85 277276101 1804.00000000 NS USD 326848.72000000 0.151812948120 Long EC CORP US N 1 N N N GE Aerospace 3C7474T6CDKPR9K6YT90 369604301 4223.00000000 NS USD 1260354.35000000 0.585402658299 Long EC CORP US N 1 N N N Charter Communications, Inc. 0J0XRGZE3PBRFEZ7MV65 16119P108 138.00000000 NS USD 27616.56000000 0.012827192318 Long EC CORP US N 1 N N N Prosus NV 635400Z5LQ5F9OLVT688 74365P108 38186.00000000 NS USD 479998.02000000 0.222946917179 Long EC CORP NL N 1 N N N Amadeus IT Group SA 9598004A3FTY3TEHHN09 02263T104 3297.00000000 NS USD 242075.63000000 0.112437995958 Long EC CORP ES N 1 N N N Auto Trader Group PLC 213800QLK9BZILB1DI86 05277E104 96735.00000000 NS USD 198306.75000000 0.092108460298 Long EC CORP GB N 1 N N N CVS Health Corp 549300EJG376EN5NQE29 126650100 3215.00000000 NS USD 258357.40000000 0.120000465544 Long EC CORP US N 1 N N N Eli Lilly & Co. FRDRIPF3EKNDJ2CQJL29 532457108 2294.00000000 NS USD 2467128.18000000 1.145918522785 Long EC CORP US N 1 N N N Industria De Diseno Textil SA 549300TTCXZOGZM2EY83 455793109 36232.00000000 NS USD 509059.60000000 0.236445284671 Long EC CORP ES N 1 N N N RTX Corp. I07WOS4YJ0N7YRFE7309 75513E101 3688.00000000 NS USD 645068.08000000 0.299617777188 Long EC CORP US N 1 N N N Sumitomo Metal Mining Co Ltd. 353800CF81IXL9974H84 86563T104 67174.00000000 NS USD 552170.28000000 0.256469103110 Long EC CORP JP N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 92826C839 2502.00000000 NS USD 836768.88000000 0.388657941105 Long EC CORP US N 1 N N N US Foods Holding Corp 549300UGOZSO64CFPR97 912008109 4606.00000000 NS USD 362354.02000000 0.168304260269 Long EC CORP US N 1 N N N McDonald's Corp. UE2136O97NLB5BYP9H04 580135101 2159.00000000 NS USD 673219.38000000 0.312693342686 Long EC CORP US N 1 N N N Sanofi SA 549300E9PC51EN656011 80105N105 4982.00000000 NS USD 248502.16000000 0.115422956295 Long EC CORP FR N 1 N N N Hong Kong Exchanges & Clearing Ltd. 213800YTVSXYQN17BW16 43858F109 23496.00000000 NS USD 1251866.88000000 0.581460443556 Long EC CORP HK N 1 N N N DBX ETF Trust DNLQXYGHEZ10Q9SIK386 233051879 100254.00000000 NS USD 3266275.32000000 1.517102118993 Long EC RF US N 1 N N N Novartis AG 5493007HIVTX6SY6XD66 66987V109 3795.00000000 NS USD 494868.00000000 0.229853646085 Long EC CORP CH N 1 N N N BXP Inc 549300OF70FSEUQBT254 101121101 2353.00000000 NS USD 170263.08000000 0.079082886207 Long EC CORP US N 1 N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 46625H100 8222.00000000 NS USD 2574143.76000000 1.195624547929 Long EC CORP US N 1 N N N 2025-11-30 Blueprint Adaptive Growth Allocation Fund Daniel D. Bauer Daniel D. Bauer Treasurer XXXX