13F filing recap · Q3 2020

What did Hillman Capital Management buy in Q3 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

$142.09M

Positions

Estimated turnover

27.3%

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

CSCOCisco Systems, Inc.$3.83Mreported value+97.2K shares GDGeneral Dynamics Corp$3.34Mreported value+24.1K shares

Increased positions

INTCIntel Corp$5.84Mreported value+59.4K shares+111.2%BIIBBiogen Inc.$5.57Mreported value+3.4K shares+20.9%BAThe Boeing Company$4.99Mreported value+7.1K shares+30.6%WFCWells Fargo & Company/mn$4.95Mreported value+68.3K shares

Reduced positions

MSFTMicrosoft Corporation$6.35Mreported value-970 shares-3.1%CMPCompass Minerals International, Inc.$5.66Mreported value-354 shares-0.4%DDDupont De Nemours, Inc.$5.45Mreported value-513 shares-0.5%BMYBristol-Myers Squibb Company$5.04Mreported value-352 shares

Exited positions

AMZNAmazon.com Inc$7.36Mprior reported value-2.7K shares-100.0%SRCLStericycle, Inc.$4.86Mprior reported value-86.8K shares-100.0%MCDMcdonald’s Corporation$3.10Mprior reported value-16.8K shares-100.0%SPYSPDR S&P 500 ETF Trust$200.0Kprior reported value-648 shares