13F filing recap · Q4 2022

What did Hillman Capital Management buy in Q4 2022?

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

$254.51M

Positions

Estimated turnover

13.1%

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

DISWalt Disney Co/$5.71Mreported value+65.7K shares SPYSPDR S&P 500 ETF Trust$1.73Mreported value+4.5K shares UNHUnitedHealth Group Incorporated$567.8Kreported value+1.1K shares HDHome Depot, Inc.$426.4Kreported value+1.4K shares IVViShares Trust$151.8Kreported value+395 shares

Increased positions

WBDWarner Bros. Discovery, Inc.$6.72Mreported value+161.8K shares+29.6%METAMeta Platforms, Inc.$4.78Mreported value+6 shares+0.0%EFAiShares Trust$1.55Mreported value+1.0K shares+4.5%GOOGAlphabet Inc.$196.4Kreported value+51 shares

Reduced positions

BUDAnheuser-Busch Inbev Sa/nv$9.24Mreported value-6.2K shares-3.9%WFCWells Fargo & Company/mn$9.11Mreported value-6.6K shares-2.9%KHCKraft Heinz Co$9.09Mreported value-7.3K shares-3.2%BAThe Boeing Company$9.08Mreported value-2.1K shares

Exited positions

MRKMerck & Co., Inc.$5.75Mprior reported value-66.7K shares-100.0%