N-PORT filing recap · September 2023

What did Hillman Value Fund buy in September 2023?

Reported stock-position changes between this filing and the previous one. These are Hillman Value Fund's own holdings, not the firm's.

Stock value

$201.98M

Positions

Estimated turnover

19.7%

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

BAXBaxter International Inc$5.85Mreported value+155.0K shares USBUS Bancorp$5.16Mreported value+156.0K shares JWNNordstrom, Inc.$39.3Kreported value+1.6K shares

Increased positions

BIIBBiogen Inc.$6.24Mreported value+6.0K shares+32.9%DISWalt Disney Co/$5.92Mreported value+13.0K shares+21.7%IFFInternational Flavors & Fragrances Inc$5.86Mreported value+13.0K shares+17.8%BAThe Boeing Company$5.79Mreported value+5.0K shares

Reduced positions

METAMeta Platforms, Inc.$5.85Mreported value-8.0K shares-29.1%LRCXLam Research Corporation$5.39Mreported value-4.0K shares-31.7%AMZNAmazon.com Inc$5.21Mreported value-17.0K shares-29.3%

Exited positions

CMPCompass Minerals International, Inc.$6.12Mprior reported value-180.0K shares-100.0%EPDEnterprise Products Partners L.p.$6.06Mprior reported value-230.0K shares-100.0%