SHEPHERD KAPLAN KROCHUK, LLC MDST — ULTIMUS MANAGERS TR

Ownership history in SHEPHERD KAPLAN KROCHUK, LLC  ·  4 quarters on record

AI Ownership Summary

SHEPHERD KAPLAN KROCHUK, LLC reported ULTIMUS MANAGERS TR (MDST) in 4 quarterly 13F filings from 2025 Q3 through 2026 Q2. Peak portfolio weight reached 0.45% in 2026 Q1. The latest visible filing shows MDST at 0.40% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this MDST ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was SHEPHERD KAPLAN KROCHUK, LLC's position in ULTIMUS MANAGERS TR, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

MDST was reported at 0.40% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.45% in 2026 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2025 Q3 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

MDST stock page SHEPHERD KAPLAN KROCHUK, LLC fund profile SHEPHERD KAPLAN KROCHUK, LLC full holdings
How SHEPHERD KAPLAN KROCHUK, LLC held MDST — position size vs. price
% of Fund (quarterly)    MDST price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 4 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 REDUCED — — — 17,468 -1,078 -5.8% 0.40% $504K 2026-08-14 $29.57
2026 Q1 ADDED — — — 18,546 +8,340 +81.7% 0.45% $530K 2026-05-15 $28.93
2025 Q4 REDUCED 10.1% +11.8% ❌ 10,206 -1,152 -10.1% 0.22% $270K 2026-02-13 $26.88
2025 Q3 INITIATED — — — 11,358 — — 0.25% $303K 2025-11-13 $23.93

🏢 Other funds also holding MDST

As of 2026 Q2 — sorted by position size

Miller Global Investments, LLC 2.72% Garden State Investment Advisory Services LLC 3Y 0.47% WESTWOOD HOLDINGS GROUP INC 3Y 7Y 0.34% North Star Investment Management Corp. 3Y 7Y 0.34% Clear Trail Advisors, LLC 0.28% Tandem Financial, LLC 0.22% Chicago Partners Investment Group LLC 3Y 7Y 0.12% Tactive Advisors, LLC 0.09% SILVER OAK SECURITIES, INCORPORATED 3Y 0.03% Wealthcare Advisory Partners LLC 3Y 7Y 0.02%

FAQ About SHEPHERD KAPLAN KROCHUK, LLC and MDST

These are the practical questions this page is built to answer before you even open the full history table.

How long has SHEPHERD KAPLAN KROCHUK, LLC reported owning MDST?

SHEPHERD KAPLAN KROCHUK, LLC reported MDST across 4 quarterly 13F filings, from 2025 Q3 through 2026 Q2.

What was the largest reported MDST position in SHEPHERD KAPLAN KROCHUK, LLC's portfolio?

The largest reported portfolio weight for MDST was 0.45% in 2026 Q1.

What is the latest reported MDST position on this page?

The most recent filing on this page is 2026 Q2, when SHEPHERD KAPLAN KROCHUK, LLC reported 17,468 shares, equal to 0.40% of portfolio, with an estimated market value of $504K.

What does the chart on this MDST ownership page compare?

The chart compares SHEPHERD KAPLAN KROCHUK, LLC's quarterly MDST portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did SHEPHERD KAPLAN KROCHUK, LLC time their MDST position?

Based on 13F filing dates vs. subsequent MDST price moves, SHEPHERD KAPLAN KROCHUK, LLC correctly timed 2 out of 3 reported position changes (67%). The annualised alpha on MDST relative to SPY over the holding period was +229.1%.

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