13F filing recap · Q2 2020

What did Hillman Capital Management buy in Q2 2020?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Hillman account, including accounts that belong to no fund below.

Stock value

$137.28M

Positions

Estimated turnover

22.2%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

BAThe Boeing Company$4.24Mreported value+23.1K shares RTXRtx Corporation$3.15Mreported value+51.1K shares JPMJPMorgan Chase & Co$2.96Mreported value+31.5K shares SPYSPDR S&P 500 ETF Trust$200.0Kreported value+648 shares

Increased positions

DDDupont De Nemours, Inc.$5.24Mreported value+12.6K shares+14.7%KKellanova$5.03Mreported value+517 shares+0.7%TAT&T Inc.$5.01Mreported value+25.8K shares+18.4%EPDEnterprise Products Partners L.p.$4.95Mreported value+54.1K shares

Reduced positions

AMZNAmazon.com Inc$7.36Mreported value-37 shares-1.4%MSFTMicrosoft Corporation$6.34Mreported value-187 shares-0.6%KHCKraft Heinz Co$5.17Mreported value-1.1K shares-0.7%BMYBristol-Myers Squibb Company$4.94Mreported value-904 shares

Exited positions

RTNRaytheon Company$2.87Mprior reported value-21.9K shares-100.0%AMGNAmgen Inc.$1.80Mprior reported value-8.9K shares-100.0%