Mark A. Hillman - Hillman Value Fund 13F Activity & Position Changes (Q1 2021)

According to the SEC 13F filed on May 14, 2021, the Hillman Value Fund portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2021. 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 Q1 2021, the filing reported:

New Buys - Amazon.com, Inc., Alphabet Inc.

Increases - Boeing Company (The), Becton, Dickinson and Company, Biogen Inc., The Bank of New York Mellon Cor, Bristol-Myers Squibb Company, and 26 more

Reductions - Comcast Corporation, Emerson Electric Company, Alphabet Inc., Marriott International, Medtronic, and 1 more

Complete Exits - Bank of America Corporation, Goldman Sachs Group, Inc. (The), JP Morgan Chase & Co., Nordstrom, Inc., Charles Schwab Corporation (The, and 1 more

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
Q1 2021	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy - Position Entry	+2,470	-	$7.64K	2,470
Q1 2021	BA Boeing Company (The)	Boeing Company (The)	Buy	+3,251	+10.7%	$8.54K	33,531
Q1 2021	BAC Bank of America Corporation	Bank of America Corporation	Sell - Position Exit	-176,854	-100.0%	$0.00	-
Q1 2021	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Buy	+12,093	+90.6%	$6.18K	25,435
Q1 2021	BIIB Biogen Inc.	Biogen Inc.	Buy	+7,360	+36.9%	$7.63K	27,289
Q1 2021	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Buy	+7,852	+7.5%	$5.34K	112,927
Q1 2021	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+33,117	+39.4%	$7.39K	117,107
Q1 2021	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Buy	+37,294	+41.2%	$8.03K	127,801
Q1 2021	CMCSA Comcast Corporation	Comcast Corporation	Sell	-82	-1.9%	$224.00	4,147
Q1 2021	CMP Compass Minerals Intl Inc	Compass Minerals Intl Inc	Buy	+9,779	+10.3%	$6.58K	104,982
Q1 2021	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Buy	+15,871	+16.2%	$5.88K	113,612
Q1 2021	CVS CVS Health Corporation	CVS Health Corporation	Buy	+13,954	+14.8%	$8.14K	108,219
Q1 2021	DD DuPont de Nemours, Inc.	DuPont de Nemours, Inc.	Buy	+3,686	+3.8%	$7.88K	101,896
Q1 2021	EFA iShares MSCI EAFE ETF	iShares MSCI EAFE ETF	Buy	+466	+3.2%	$1.14K	15,070
Q1 2021	EMR Emerson Electric Company	Emerson Electric Company	Sell	-131	-0.4%	$2.95K	32,702
Q1 2021	EPD Enterprise Products Partners L.	Enterprise Products Partners L.	Buy	+7,257	+2.3%	$7.13K	323,883
Q1 2021	GD General Dynamics Corporation	General Dynamics Corporation	Buy	+5,468	+20.3%	$5.87K	32,351
Q1 2021	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-2	-1.7%	$242.00	117
Q1 2021	GOOGL Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+3,000	-	$6.19K	3,000
Q1 2021	GS Goldman Sachs Group, Inc. (The)	Goldman Sachs Group, Inc. (The)	Sell - Position Exit	-21,384	-100.0%	$0.00	-
Q1 2021	INTC Intel Corporation	Intel Corporation	Buy	+62	+0.1%	$7.68K	120,032
Q1 2021	IWR iShares Russell Mid-Cap ETF	iShares Russell Mid-Cap ETF	Buy	+103	+4.2%	$191.00	2,581
Q1 2021	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Sell - Position Exit	-38,100	-100.0%	$0.00	-
Q1 2021	JWN Nordstrom, Inc.	Nordstrom, Inc.	Sell - Position Exit	-348,923	-100.0%	$0.00	-
Q1 2021	K Kellanova	Kellanova	Buy	+49,000	+56.6%	$8.58K	135,543
Q1 2021	KHC The Kraft Heinz Company	The Kraft Heinz Company	Buy	+23,392	+12.2%	$8.57K	214,357
Q1 2021	KO Coca-Cola Company (The)	Coca-Cola Company (The)	Buy	+622	+16.8%	$228.00	4,331
Q1 2021	LMT Lockheed Martin Corporation	Lockheed Martin Corporation	Buy	+6,008	+1003.0%	$2.44K	6,607
Q1 2021	MAR Marriott International	Marriott International	Sell	-214	-11.3%	$249.00	1,680
Q1 2021	MDT Medtronic	Medtronic	Sell	-11	-0.3%	$394.00	3,334

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