Mark A. Hillman - Hillman Value Fund 13F Activity & Position Changes (Q1 2022)

According to the SEC 13F filed on May 16, 2022, the Hillman Value Fund portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2022. 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 2022, the filing reported:

New Buys - Adobe Inc., ASML, BlackRock, Equifax, Inc., T. Rowe Price Group, Inc.

Increases - Amazon.com, Inc., Air Products and Chemicals, Inc, Boeing Company (The), Becton, Dickinson and Company, Biogen Inc., and 29 more

Reductions - The Bank of New York Mellon Cor, CVS Health Corporation, Enterprise Products Partners L., Plains All American Pipeline, L, RTX Corporation, and 1 more

Complete Exits - iShares MSCI Emerging Index Fun, General Dynamics Corporation, iShares Russell 1000 Value ETF, iShares Russell 1000 Growth ETF, iShares Russell 2000 Value ETF, and 6 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 2022	ADBE Adobe Inc.	Adobe Inc.	Buy - Position Entry	+16,179	-	$7.37K	16,179
Q1 2022	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+50	+1.7%	$9.89K	3,033
Q1 2022	APD Air Products and Chemicals, Inc	Air Products and Chemicals, Inc	Buy	+346	+17.8%	$572.00	2,289
Q1 2022	ASML ASML	ASML	Buy - Position Entry	+14,591	-	$9.74K	14,591
Q1 2022	BA Boeing Company (The)	Boeing Company (The)	Buy	+2,363	+5.3%	$8.92K	46,598
Q1 2022	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Buy	+237	+0.9%	$7.13K	26,796
Q1 2022	BIIB Biogen Inc.	Biogen Inc.	Buy	+15,488	+57.0%	$8.99K	42,679
Q1 2022	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-21,857	-15.3%	$6.03K	121,414
Q1 2022	BLK BlackRock	BlackRock	Buy - Position Entry	+763	-	$583.00	763
Q1 2022	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+1,794	+1.3%	$9.91K	135,731
Q1 2022	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Buy	+10,350	+7.1%	$9.34K	155,584
Q1 2022	CAG ConAgra Brands, Inc.	ConAgra Brands, Inc.	Buy	+98,034	+79.3%	$7.44K	221,717
Q1 2022	CMCSA Comcast Corporation	Comcast Corporation	Buy	+1,741	+19.2%	$506.00	10,800
Q1 2022	CMP Compass Minerals Intl Inc	Compass Minerals Intl Inc	Buy	+12,830	+9.2%	$9.58K	152,587
Q1 2022	CRM Salesforce, Inc.	Salesforce, Inc.	Buy	+31,866	+1635.0%	$7.18K	33,815
Q1 2022	CVS CVS Health Corporation	CVS Health Corporation	Sell	-11,615	-10.6%	$9.87K	97,483
Q1 2022	DD DuPont de Nemours, Inc.	DuPont de Nemours, Inc.	Buy	+1,450	+1.1%	$9.41K	127,870
Q1 2022	EEM iShares MSCI Emerging Index Fun	iShares MSCI Emerging Index Fun	Sell - Position Exit	-250	-100.0%	$0.00	-
Q1 2022	EFA iShares MSCI EAFE ETF	iShares MSCI EAFE ETF	Buy	+2,802	+15.3%	$1.55K	21,060
Q1 2022	EFX Equifax, Inc.	Equifax, Inc.	Buy - Position Entry	+12,884	-	$3.06K	12,884
Q1 2022	EMR Emerson Electric Company	Emerson Electric Company	Buy	+628	+0.9%	$7.06K	72,011
Q1 2022	EPD Enterprise Products Partners L.	Enterprise Products Partners L.	Sell	-40,202	-9.6%	$9.74K	377,588
Q1 2022	GD General Dynamics Corporation	General Dynamics Corporation	Sell - Position Exit	-33,723	-100.0%	$0.00	-
Q1 2022	GE GE Aerospace	GE Aerospace	Buy	+854	+17.3%	$530.00	5,790
Q1 2022	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+3	+3.2%	$274.00	98
Q1 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+24	+0.8%	$8.41K	3,024
Q1 2022	INTC Intel Corporation	Intel Corporation	Buy	+11,534	+6.9%	$8.80K	177,512
Q1 2022	IWD iShares Russell 1000 Value ETF	iShares Russell 1000 Value ETF	Sell - Position Exit	-154	-100.0%	$0.00	-
Q1 2022	IWF iShares Russell 1000 Growth ETF	iShares Russell 1000 Growth ETF	Sell - Position Exit	-53	-100.0%	$0.00	-
Q1 2022	IWN iShares Russell 2000 Value ETF	iShares Russell 2000 Value ETF	Sell - Position Exit	-17	-100.0%	$0.00	-

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