N-PORT filing recap · September 2024

What did Hillman Value Fund buy in September 2024?

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

$221.17M

Positions

Estimated turnover

12.3%

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.

Period in review

Hillman Value Fund opened a new position in Nucor Corporation and exited The Bank of New York Mellon Corporation and Kellanova. It added to Nike, Walt Disney, Estee Lauder, Zimmer Biomet, and Intel, while trimming Simon Property Group and Adobe.

New positions

NUENucor Corporation$6.15Mreported value+40.9K shares

Increased positions

NKENike, Inc.$6.67Mreported value+12.5K shares+19.8%DISWalt Disney Co/$6.25Mreported value+13.0K shares+25.0%ELEstee Lauder Companies Inc$5.78Mreported value+14.0K shares+31.8%ZBHZimmer Biomet Holdings, Inc.$5.75Mreported value+9.2K shares

Reduced positions

SPGSimon Property Group, Inc.$6.12Mreported value-5.1K shares-12.3%ADBEAdobe Inc.$5.13Mreported value-4.1K shares-29.3%

Exited positions

BNYThe Bank of New York Mellon Corporation$6.42Mprior reported value-107.2K shares-100.0%KKellanova$5.68Mprior reported value-98.4K shares-100.0%