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

According to the SEC 13F filed on May 15, 2024, the Hillman Value Fund portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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, Inc., 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, Inc.	BlackRock, Inc.	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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