Mark A. Hillman – Hillman Value Fund Portfolio Activity & Recent Trades (Sep 30, 2025)
As of Sep 30, 2025, the Hillman Value Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q3 2025, the filing reported:
New Buys – Fiserv, Inc., Thermo Fisher Scientific Inc, UnitedHealth Group Incorporated, United Parcel Service, Inc., West Pharmaceutical Services, I
Increases – Adobe Inc., Akamai Technologies, Inc., Air Products and Chemicals, Inc, Baxter International Inc., Brown Forman Inc, and 11 more
Reductions – ASML, Boeing Company (The), Becton, Dickinson and Company, Biogen Inc., BlackRock, and 26 more
Complete Exits – Advanced Micro Devices, Inc., AT&T Inc.
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q3 2025 | ADBE Adobe Inc. | Adobe Inc. | Buy | +115 | +1.4% | $2.98M | 8,443 |
Q3 2025 | AKAM Akamai Technologies, Inc. | Akamai Technologies, Inc. | Buy | +84 | +2.0% | $320.69K | 4,233 |
Q3 2025 | AMD Advanced Micro Devices, Inc. | Advanced Micro Devices, Inc. | Sell - Position Exit | -24,163 | -100.0% | $0.00 | - |
Q3 2025 | APD Air Products and Chemicals, Inc | Air Products and Chemicals, Inc | Buy | +22 | +2.0% | $312.26K | 1,145 |
Q3 2025 | ASML ASML | ASML | Sell | -948 | -12.3% | $6.55M | 6,768 |
Q3 2025 | BA Boeing Company (The) | Boeing Company (The) | Sell | -3,085 | -9.8% | $6.15M | 28,492 |
Q3 2025 | BAX Baxter International Inc. | Baxter International Inc. | Buy | +58,174 | +32.6% | $5.39M | 236,603 |
Q3 2025 | BDX Becton, Dickinson and Company | Becton, Dickinson and Company | Sell | -9 | -0.1% | $3.15M | 16,814 |
Q3 2025 | BF-B Brown Forman Inc | Brown Forman Inc | Buy | +12,466 | +7.1% | $5.10M | 188,254 |
Q3 2025 | BIIB Biogen Inc. | Biogen Inc. | Sell | -3,618 | -8.6% | $5.37M | 38,354 |
Q3 2025 | BLK BlackRock | BlackRock | Sell | -21 | -5.8% | $398.73K | 342 |
Q3 2025 | BMY Bristol-Myers Squibb Company | Bristol-Myers Squibb Company | Sell | -2,375 | -3.3% | $3.13M | 69,440 |
Q3 2025 | BUD Anheuser-Busch Inbev SA Sponsor | Anheuser-Busch Inbev SA Sponsor | Buy | +3,645 | +4.2% | $5.41M | 90,738 |
Q3 2025 | CAG ConAgra Brands, Inc. | ConAgra Brands, Inc. | Buy | +3,952 | +2.8% | $2.65M | 144,696 |
Q3 2025 | CMCSA Comcast Corporation | Comcast Corporation | Sell | -6,269 | -6.3% | $2.92M | 92,994 |
Q3 2025 | CPB The Campbell's Company | The Campbell's Company | Buy | +78,824 | +83.7% | $5.46M | 173,034 |
Q3 2025 | CRM Salesforce, Inc. | Salesforce, Inc. | Buy | +223 | +1.8% | $2.93M | 12,371 |
Q3 2025 | CVS CVS Health Corporation | CVS Health Corporation | Sell | -10,638 | -11.4% | $6.21M | 82,359 |
Q3 2025 | DD DuPont de Nemours, Inc. | DuPont de Nemours, Inc. | Sell | -11,048 | -13.4% | $5.54M | 71,174 |
Q3 2025 | DEO Diageo plc | Diageo plc | Buy | +487 | +1.7% | $2.85M | 29,842 |
Q3 2025 | DIS Walt Disney Company (The) | Walt Disney Company (The) | Sell | -1,310 | -4.6% | $3.14M | 27,452 |
Q3 2025 | EFA iShares MSCI EAFE ETF | iShares MSCI EAFE ETF | Buy | +239 | +0.9% | $2.41M | 25,824 |
Q3 2025 | EFX Equifax, Inc. | Equifax, Inc. | Sell | -154 | -1.4% | $2.80M | 10,925 |
Q3 2025 | EL Estee Lauder Companies, Inc. (T | Estee Lauder Companies, Inc. (T | Sell | -10,911 | -13.4% | $6.23M | 70,688 |
Q3 2025 | FI Fiserv, Inc. | Fiserv, Inc. | Buy - Position Entry | +22,900 | - | $2.95M | 22,900 |
Q3 2025 | GE GE Aerospace | GE Aerospace | Sell | -187 | -12.4% | $396.18K | 1,317 |
Q3 2025 | GOOG Alphabet Inc. | Alphabet Inc. | Sell | -462 | -23.9% | $358.75K | 1,473 |
Q3 2025 | GOOGL Alphabet Inc. | Alphabet Inc. | Sell | -17,200 | -100.0% | $1.95K | 8 |
Q3 2025 | GSK GSK plc | GSK plc | Sell | -10,820 | -7.1% | $6.12M | 141,779 |
Q3 2025 | HSY The Hershey Company | The Hershey Company | Sell | -3,900 | -21.0% | $2.75M | 14,708 |