Mark A. Hillman - Hillman Value Fund 13F Activity & Position Changes (Q2 2026)

According to the SEC 13F filed on Aug 14, 2026, the Hillman Value Fund portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2026. 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 Q2 2026, the filing reported:

New Buys - Accenture plc, Veeva Systems Inc.

Increases - Adobe Inc., Becton, Dickinson and Company, ConAgra Brands, Inc., Comcast Corporation, Salesforce, Inc., and 9 more

Reductions - Akamai Technologies, Inc., Air Products and Chemicals, Inc, Boeing Company (The), Baxter International Inc., Brown Forman Inc, and 30 more

Complete Exits - SPDR Bloomberg International Tr, DuPont de Nemours, Inc., GE Aerospace, iShares International Treasury , SPDR Portfolio S&P 500 ETF

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
Q2 2026	ACN Accenture plc	Accenture plc	Buy - Position Entry	+3,055	-	$380.16K	3,055
Q2 2026	ADBE Adobe Inc.	Adobe Inc.	Buy	+1,088	+6.7%	$3.54M	17,288
Q2 2026	AKAM Akamai Technologies, Inc.	Akamai Technologies, Inc.	Sell	-6,438	-28.2%	$1.94M	16,387
Q2 2026	APD Air Products and Chemicals, Inc	Air Products and Chemicals, Inc	Sell	-33	-2.5%	$382.89K	1,306
Q2 2026	BA Boeing Company (The)	Boeing Company (The)	Sell	-752	-3.4%	$4.67M	21,574
Q2 2026	BAX Baxter International Inc.	Baxter International Inc.	Sell	-11,288	-4.6%	$5.03M	236,032
Q2 2026	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Buy	+1,029	+7.2%	$2.31M	15,238
Q2 2026	BF-B Brown Forman Inc	Brown Forman Inc	Sell	-3,923	-2.2%	$4.60M	172,514
Q2 2026	BIIB Biogen Inc.	Biogen Inc.	Sell	-5,547	-18.8%	$5.18M	23,993
Q2 2026	BLK BlackRock	BlackRock	Sell	-4	-1.2%	$329.81K	343
Q2 2026	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-7,867	-14.8%	$2.61M	45,235
Q2 2026	BWX SPDR Bloomberg International Tr	SPDR Bloomberg International Tr	Sell - Position Exit	-10,384	-100.0%	$0.00	-
Q2 2026	CAG ConAgra Brands, Inc.	ConAgra Brands, Inc.	Buy	+33,089	+22.4%	$2.43M	180,728
Q2 2026	CLX Clorox Company (The)	Clorox Company (The)	Sell	-24	-0.7%	$337.00K	3,531
Q2 2026	CMCSA Comcast Corporation	Comcast Corporation	Buy	+5,615	+5.9%	$2.48M	100,843
Q2 2026	CPB The Campbell's Company	The Campbell's Company	Sell	-5,135	-3.1%	$3.59M	161,043
Q2 2026	CRM Salesforce, Inc.	Salesforce, Inc.	Buy	+2,702	+24.7%	$2.14M	13,658
Q2 2026	CSGP CoStar Group, Inc.	CoStar Group, Inc.	Buy	+2,188	+25.6%	$304.30K	10,745
Q2 2026	CVS CVS Health Corporation	CVS Health Corporation	Sell	-11,987	-17.8%	$5.74M	55,475
Q2 2026	DD DuPont de Nemours, Inc.	DuPont de Nemours, Inc.	Sell - Position Exit	-117,901	-100.0%	$0.00	-
Q2 2026	DEO Diageo plc	Diageo plc	Sell	-15	-0.1%	$2.21M	27,492
Q2 2026	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+786	+3.2%	$2.44M	25,385
Q2 2026	EFA iShares MSCI EAFE ETF	iShares MSCI EAFE ETF	Buy	+889	+2.9%	$3.30M	31,743
Q2 2026	EFX Equifax, Inc.	Equifax, Inc.	Sell	-1,015	-7.5%	$1.99M	12,541
Q2 2026	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-1,946	-3.7%	$3.97M	50,226
Q2 2026	FI Fiserv, Inc.	Fiserv, Inc.	Sell	-2,272	-2.8%	$3.85M	78,456
Q2 2026	GE GE Aerospace	GE Aerospace	Sell - Position Exit	-1,282	-100.0%	$0.00	-
Q2 2026	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-97	-8.6%	$363.93K	1,030
Q2 2026	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-2	-33.3%	$1.43K	4
Q2 2026	GSK GSK plc	GSK plc	Sell	-5,049	-5.2%	$4.84M	92,383

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