Mark A. Hillman - Hillman Value Fund 13F Activity & Position Changes (Q1 2024)

As of Mar 31, 2024, the Hillman Value Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2024. 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 2024, the filing reported:

New Buys - The Campbell's Company, Medtronic, 3M Company, Nike, Inc.

Increases - Amazon.com, Inc., Air Products and Chemicals, Inc, Boeing Company (The), Baxter International Inc., Becton, Dickinson and Company, and 24 more

Reductions - The Bank of New York Mellon Cor, BlackRock, Salesforce, Inc., Walt Disney Company (The), Equifax, Inc., and 14 more

Complete Exits - ASML, Lam Research Corporation, Meta Platforms, Inc., SPDR S&P 500, Stryker Corporation

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 2024	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+408	+0.7%	$10.70M	59,299
Q1 2024	APD Air Products and Chemicals, Inc	Air Products and Chemicals, Inc	Buy	+351	+35.3%	$325.61K	1,344
Q1 2024	ASML ASML	ASML	Sell - Position Exit	-12,475	-100.0%	$0.00	-
Q1 2024	BA Boeing Company (The)	Boeing Company (The)	Buy	+8,091	+22.7%	$8.43M	43,683
Q1 2024	BAX Baxter International Inc.	Baxter International Inc.	Buy	+2,694	+1.2%	$9.36M	218,962
Q1 2024	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Buy	+92	+0.4%	$6.24M	25,233
Q1 2024	BIIB Biogen Inc.	Biogen Inc.	Buy	+1,316	+3.8%	$7.72M	35,792
Q1 2024	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-629	-0.5%	$7.82M	135,729
Q1 2024	BLK BlackRock	BlackRock	Sell	-17	-4.2%	$325.14K	390
Q1 2024	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Buy	+20,559	+16.7%	$8.73M	143,673
Q1 2024	CAG ConAgra Brands, Inc.	ConAgra Brands, Inc.	Buy	+4,558	+2.4%	$5.83M	196,582
Q1 2024	CMCSA Comcast Corporation	Comcast Corporation	Buy	+142,991	+2191.4%	$6.48M	149,516
Q1 2024	CPB The Campbell's Company	The Campbell's Company	Buy - Position Entry	+144,803	-	$6.44M	144,803
Q1 2024	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-282	-1.0%	$8.10M	26,889
Q1 2024	CVS CVS Health Corporation	CVS Health Corporation	Buy	+376	+0.3%	$9.10M	114,038
Q1 2024	DD DuPont de Nemours, Inc.	DuPont de Nemours, Inc.	Buy	+18,921	+17.0%	$9.98M	130,201
Q1 2024	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-3,243	-5.6%	$6.73M	55,008
Q1 2024	EFA iShares MSCI EAFE ETF	iShares MSCI EAFE ETF	Buy	+522	+2.2%	$1.93M	24,190
Q1 2024	EFX Equifax, Inc.	Equifax, Inc.	Sell	-144	-1.2%	$3.18M	11,894
Q1 2024	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Buy	+2,289	+5.2%	$7.14M	46,289
Q1 2024	EMR Emerson Electric Company	Emerson Electric Company	Sell	-12	-0.0%	$7.82M	68,971
Q1 2024	GE GE Aerospace	GE Aerospace	Sell	-521	-20.1%	$363.00K	2,068
Q1 2024	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-119	-5.4%	$318.38K	2,091
Q1 2024	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+2,569	+6.1%	$6.79M	45,000
Q1 2024	GSK GSK plc	GSK plc	Buy	+100	+0.0%	$10.01M	233,486
Q1 2024	HD Home Depot, Inc. (The)	Home Depot, Inc. (The)	Sell	-330	-33.0%	$257.01K	670
Q1 2024	IFF International Flavors & Fragran	International Flavors & Fragran	Sell	-526	-0.5%	$9.44M	109,751
Q1 2024	INTC Intel Corporation	Intel Corporation	Buy	+20,742	+11.3%	$9.04M	204,691
Q1 2024	IVV iShares Core S&P 500 ETF	iShares Core S&P 500 ETF	Buy	+25	+6.5%	$216.60K	412
Q1 2024	IWR iShares Russell Mid-Cap ETF	iShares Russell Mid-Cap ETF	Buy	+3	+0.1%	$208.19K	2,476

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