13F filing recap · Q2 2023

What did Hillman Capital Management buy in Q2 2023?

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

$283.31M

Positions

Estimated turnover

6.7%

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

IFFInternational Flavors & Fragrances Inc$5.81Mreported value+73.0K shares RSPInvesco S&P 500 Equal Weight ETF$982.1Kreported value+6.6K shares IYWiShares Trust$245.0Kreported value+2.3K shares

Increased positions

TSMTaiwan Semiconductor Manufacturing$10.01Mreported value+6 shares+0.0%WBDWarner Bros. Discovery, Inc.$8.70Mreported value+133.9K shares+23.9%CMPCompass Minerals International, Inc.$8.23Mreported value+31.4K shares+14.9%KKellanova$8.04Mreported value+330 shares

Reduced positions

MSFTMicrosoft Corporation$11.91Mreported value-400 shares-1.1%AMZNAmazon.com Inc$10.20Mreported value-1.6K shares-2.0%ASMLAsml Holding N.v.$9.36Mreported value-57 shares-0.4%WFCWells Fargo & Company/mn$9.34Mreported value-428 shares