Verdicts genuinely change. Free email alert the moment WWLCX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
WESTWOOD QUALITY VALUE FUND · Ultimus Managers Trust
50 holdings
NON-COMPLIANT 29.36% of portfolio weight is in non-compliant holdings, over the 5% threshold.
50 holdings, 47 matched (95% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
0.81% of this portfolio’s income is non-permissible — weighted across holdings, computed over 84% of portfolio weight (41 of 50 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
49.1% compliant 16.8% questionable 29.4% non-compliant 4.7% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AMZN AMAZON.COM INC | QUESTIONABLE | 5.73% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| AAPL APPLE INC | COMPLIANT | 5.10% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| MSFT MICROSOFT CORP | QUESTIONABLE | 4.71% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| GOOG ALPHABET INC | QUESTIONABLE | 2.89% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| TMO THERMO FISHER SCIENTIFIC INC | COMPLIANT | 2.75% | AAOIFI20.5% Usmani40.3% Dow Jones Islamic23.4% S&P Shariah22.9% MSCI Islamic40.3% MSCI Islamic M-Series22.9% FTSE Shariah40.3% |
| META META PLATFORMS INC | QUESTIONABLE | 2.52% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| MS MORGAN STANLEY | NON_COMPLIANT | 2.40% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| ETR ENTERGY CORP | NON_COMPLIANT | 2.38% | AAOIFI65.8% Usmani43.6% Dow Jones Islamic83.2% S&P Shariah99.2% MSCI Islamic43.5% MSCI Islamic M-Series99.2% FTSE Shariah43.1% |
| NEE NEXTERA ENERGY INC | NON_COMPLIANT | 2.33% | AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2% |
| MCK MCKESSON CORP | COMPLIANT | 2.28% | AAOIFI12.5% Usmani14.9% Dow Jones Islamic14.5% S&P Shariah15.8% MSCI Islamic14.7% MSCI Islamic M-Series15.8% FTSE Shariah12.5% |
| SYK STRYKER CORP | COMPLIANT | 2.17% | AAOIFI14.6% Usmani32.2% Dow Jones Islamic11.3% S&P Shariah11.8% MSCI Islamic32.2% MSCI Islamic M-Series11.8% FTSE Shariah31.2% |
| MSI MOTOROLA SOLUTIONS INC | COMPLIANT | 2.14% | AAOIFI12.4% Usmani50.0% Dow Jones Islamic13.4% S&P Shariah14.5% MSCI Islamic50.0% MSCI Islamic M-Series14.5% FTSE Shariah46.9% |
| MSCI MSCI INC | COMPLIANT | 2.14% | AAOIFI15.7% Usmani116.8% Dow Jones Islamic15.3% S&P Shariah15.6% MSCI Islamic116.8% MSCI Islamic M-Series15.6% FTSE Shariah113.9% |
| BRK.B BERKSHIRE HATHAWAY INC | NON_COMPLIANT | 2.10% | no in-house ratios for this holding |
| JP MORGAN CHASE & COMPANY | UNSCREENED | 2.08% | no in-house ratios for this holding |
| CVX CHEVRON CORP | COMPLIANT | 2.08% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| WEC WEC ENERGY GROUP INC | NON_COMPLIANT | 2.03% | AAOIFI57.5% Usmani39.9% Dow Jones Islamic61.9% S&P Shariah68.5% MSCI Islamic39.1% MSCI Islamic M-Series68.5% FTSE Shariah39.1% |
| DE DEERE & COMPANY | NON_COMPLIANT | 2.03% | AAOIFI9.1% Usmani15.9% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic15.9% MSCI Islamic M-Series13.8% FTSE Shariah15.9% |
| PM PHILIP MORRIS INTERNATIONAL INC | NON_COMPLIANT | 2.02% | AAOIFI16.1% Usmani66.9% Dow Jones Islamic18.9% S&P Shariah22.1% MSCI Islamic66.9% MSCI Islamic M-Series22.1% FTSE Shariah66.9% |
| XOM EXXONMOBIL HOLDINGS CORP | COMPLIANT | 2.01% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| V VISA INC | COMPLIANT | 2.01% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| RBA RB GLOBAL INC | COMPLIANT | 1.97% | AAOIFI20.8% Usmani35.7% Dow Jones Islamic24.1% S&P Shariah26.9% MSCI Islamic35.7% MSCI Islamic M-Series26.9% FTSE Shariah23.1% |
| WMB WILLIAMS COMPANIES INC (THE) | NON_COMPLIANT | 1.97% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| PEP PEPSICO INC | COMPLIANT | 1.96% | AAOIFI23.4% Usmani39.4% Dow Jones Islamic22.7% S&P Shariah22.0% MSCI Islamic39.4% MSCI Islamic M-Series22.0% FTSE Shariah39.4% |
| HD HOME DEPOT INC (THE) | COMPLIANT | 1.93% | AAOIFI18.6% Usmani56.1% Dow Jones Islamic16.3% S&P Shariah17.0% MSCI Islamic53.3% MSCI Islamic M-Series17.0% FTSE Shariah44.5% |
| HUBB HUBBELL INC | COMPLIANT | 1.89% | AAOIFI11.2% Usmani32.5% Dow Jones Islamic11.8% S&P Shariah12.7% MSCI Islamic32.5% MSCI Islamic M-Series12.7% FTSE Shariah30.6% |
| MRK MERCK & COMPANY INC | COMPLIANT | 1.88% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| TXN TEXAS INSTRUMENTS INC | COMPLIANT | 1.88% | AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2% |
| CSX CSX CORP | COMPLIANT | 1.87% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| O'REILLY AUTOMOTIVE INC | UNSCREENED | 1.86% | no in-house ratios for this holding |
| BA BOEING COMPANY (THE) | NON_COMPLIANT | 1.83% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
| ICE INTERCONTINENTAL EXCHANGE INC | NON_COMPLIANT | 1.80% | AAOIFI23.2% Usmani11.8% Dow Jones Islamic22.5% S&P Shariah24.2% MSCI Islamic11.8% MSCI Islamic M-Series24.2% FTSE Shariah11.4% |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 1.76% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| JNJ JOHNSON & JOHNSON | COMPLIANT | 1.67% | AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4% |
| PKG PACKAGING CORP OF AMERICA | COMPLIANT | 1.62% | AAOIFI20.8% Usmani40.0% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic39.9% MSCI Islamic M-Series0.2% FTSE Shariah36.0% |
| CFR CULLEN/FROST BANKERS INC | NON_COMPLIANT | 1.58% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| WMG WARNER MUSIC GROUP CORP | NON_COMPLIANT | 1.44% | AAOIFI34.2% Usmani45.9% Dow Jones Islamic15713033.1% S&P Shariah15478978.9% MSCI Islamic45.9% MSCI Islamic M-Series15478978.9% FTSE Shariah43.9% |
| Q QNITY ELECTRONICS INC | COMPLIANT | 1.40% | AAOIFI17.6% Usmani31.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic31.6% MSCI Islamic M-Seriespass FTSE Shariah28.1% |
| GD GENERAL DYNAMICS CORP | NON_COMPLIANT | 1.35% | AAOIFI10.3% Usmani17.4% Dow Jones Islamic11.7% S&P Shariah12.4% MSCI Islamic16.8% MSCI Islamic M-Series12.4% FTSE Shariah13.7% |
| AVGO BROADCOM INC | COMPLIANT | 1.29% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| WMS ADVANCED DRAINAGE SYSTEMS INC | COMPLIANT | 1.26% | AAOIFI16.0% Usmani40.8% Dow Jones Islamic16.1% S&P Shariah15.7% MSCI Islamic37.4% MSCI Islamic M-Series15.7% FTSE Shariah35.8% |
| PLD PROLOGIS INC | COMPLIANT | 1.24% | AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3% |
| DELL DELL TECHNOLOGIES INC | COMPLIANT | 1.24% | AAOIFI10.2% Usmani27.7% Dow Jones Islamic30.9% S&P Shariah36.3% MSCI Islamic27.7% MSCI Islamic M-Series36.3% FTSE Shariah27.1% |
| ABBV ABBVIE INC | COMPLIANT | 1.21% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| PGR PROGRESSIVE CORP (THE) | NON_COMPLIANT | 1.17% | AAOIFI6.5% Usmani6.7% Dow Jones Islamic6.3% S&P Shariah6.9% MSCI Islamic6.7% MSCI Islamic M-Series6.9% FTSE Shariah6.7% |
| ELV ELEVANCE HEALTH INC | NON_COMPLIANT | 1.17% | AAOIFI35.1% Usmani24.6% Dow Jones Islamic37.4% S&P Shariah33.5% MSCI Islamic24.6% MSCI Islamic M-Series33.5% FTSE Shariah24.6% |
| FCX FREEPORT-MCMORAN INC | COMPLIANT | 1.09% | AAOIFI9.4% Usmani17.3% Dow Jones Islamic14.8% S&P Shariah15.6% MSCI Islamic17.3% MSCI Islamic M-Series15.6% FTSE Shariah15.7% |
| VLTO VERALTO CORP | COMPLIANT | 1.02% | AAOIFI12.4% Usmani37.5% Dow Jones Islamic11.8% S&P Shariah12.2% MSCI Islamic37.5% MSCI Islamic M-Series12.2% FTSE Shariah34.8% |
| WMT WALMART INC | QUESTIONABLE | 0.95% | AAOIFI6.4% Usmani21.5% Dow Jones Islamic6.9% S&P Shariah8.0% MSCI Islamic19.2% MSCI Islamic M-Series8.0% FTSE Shariah13.6% |
| FIRST AMERICAN FUNDS INC | UNSCREENED | 0.79% | no in-house ratios for this holding |
The published standards disagree about this fund by 27 points of portfolio weight — 68.6% of it passes AAOIFI, 41.4% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 68.6% ratios fail on 22.7% 8.7% not rated under AAOIFI
ratios pass on 45.4% ratios fail on 40.6% 14.0% not rated under Usmani
ratios pass on 66.3% ratios fail on 25.0% 8.7% not rated under Dow Jones Islamic
ratios pass on 67.4% ratios fail on 24.0% 8.7% not rated under S&P Shariah
ratios pass on 41.4% ratios fail on 42.9% 15.8% not rated under MSCI Islamic
ratios pass on 67.4% ratios fail on 24.0% 8.7% not rated under MSCI Islamic M-Series
ratios pass on 48.5% ratios fail on 38.6% 12.9% not rated under FTSE Shariah
46 of 50 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 44 (90% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| MS MORGAN STANLEY | 2.40% |
| ETR ENTERGY CORP | 2.38% |
| NEE NEXTERA ENERGY INC | 2.33% |
| BRK.B BERKSHIRE HATHAWAY INC | 2.10% |
| WEC WEC ENERGY GROUP INC | 2.03% |
| DE DEERE & COMPANY | 2.03% |
| PM PHILIP MORRIS INTERNATIONAL INC | 2.02% |
| WMB WILLIAMS COMPANIES INC (THE) | 1.97% |
| BA BOEING COMPANY (THE) | 1.83% |
| ICE INTERCONTINENTAL EXCHANGE INC | 1.80% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
WESTWOOD QUALITY VALUE FUND (WWLCX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| AMZNAMAZON.COM INC | 5.73% | Questionable |
| AAPLAPPLE INC | 5.10% | Compliant |
| MSFTMICROSOFT CORP | 4.71% | Questionable |
| GOOGALPHABET INC | 2.89% | Questionable |
| TMOTHERMO FISHER SCIENTIFIC INC | 2.75% | Compliant |
| METAMETA PLATFORMS INC | 2.52% | Questionable |
| MSMORGAN STANLEY | 2.40% | Non-compliant |
| ETRENTERGY CORP | 2.38% | Non-compliant |
| NEENEXTERA ENERGY INC | 2.33% | Non-compliant |
| MCKMCKESSON CORP | 2.28% | Compliant |
Top 10 of 50 holdings, 33.1% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for WWLCX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 2 days - this is not a reading of today
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.