Mark A. Hillman - Hillman Value Fund 13F Activity & Position Changes (Q2 2021)

According to the SEC 13F filed on Aug 16, 2021, the Hillman Value Fund portfolio showed several notable changes in holdings as of quarter-end Jun 30, 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 Q2 2021, the filing reported:

New Buys - iShares Core U.S. Aggregate Bon, Salesforce, Inc., iShares Core S&P Small-Cap ETF, ServiceNow, Inc.

Increases - Amazon.com, Inc., Boeing Company (The), Becton, Dickinson and Company, Bristol-Myers Squibb Company, Anheuser-Busch Inbev SA Sponsor, and 21 more

Reductions - Biogen Inc., The Bank of New York Mellon Cor, Comcast Corporation, Emerson Electric Company, General Dynamics Corporation, and 5 more

Complete Exits - None reported

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 2021	AGG iShares Core U.S. Aggregate Bon	iShares Core U.S. Aggregate Bon	Buy - Position Entry	+281	-	$32.00	281
Q2 2021	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+518	+21.0%	$10.28K	2,988
Q2 2021	BA Boeing Company (The)	Boeing Company (The)	Buy	+205	+0.6%	$8.08K	33,736
Q2 2021	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Buy	+8	+0.0%	$6.19K	25,443
Q2 2021	BIIB Biogen Inc.	Biogen Inc.	Sell	-50	-0.2%	$9.43K	27,239
Q2 2021	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-52	-0.0%	$5.78K	112,875
Q2 2021	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+950	+0.8%	$7.89K	118,057
Q2 2021	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Buy	+720	+0.6%	$9.26K	128,521
Q2 2021	CMCSA Comcast Corporation	Comcast Corporation	Sell	-7	-0.2%	$236.00	4,140
Q2 2021	CMP Compass Minerals Intl Inc	Compass Minerals Intl Inc	Buy	+22,631	+21.6%	$7.56K	127,613
Q2 2021	CRM Salesforce, Inc.	Salesforce, Inc.	Buy - Position Entry	+1,085	-	$265.00	1,085
Q2 2021	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Buy	+400	+0.4%	$6.04K	114,012
Q2 2021	CVS CVS Health Corporation	CVS Health Corporation	Buy	+710	+0.7%	$9.09K	108,929
Q2 2021	DD DuPont de Nemours, Inc.	DuPont de Nemours, Inc.	Buy	+582	+0.6%	$7.93K	102,478
Q2 2021	EFA iShares MSCI EAFE ETF	iShares MSCI EAFE ETF	Buy	+838	+5.6%	$1.25K	15,908
Q2 2021	EMR Emerson Electric Company	Emerson Electric Company	Sell	-26	-0.1%	$3.15K	32,676
Q2 2021	EPD Enterprise Products Partners L.	Enterprise Products Partners L.	Buy	+2,608	+0.8%	$7.88K	326,491
Q2 2021	GD General Dynamics Corporation	General Dynamics Corporation	Sell	-12	-0.0%	$6.09K	32,339
Q2 2021	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-2	-1.7%	$288.00	115
Q2 2021	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-100	-3.3%	$7.08K	2,900
Q2 2021	IJR iShares Core S&P Small-Cap ETF	iShares Core S&P Small-Cap ETF	Buy - Position Entry	+424	-	$48.00	424
Q2 2021	INTC Intel Corporation	Intel Corporation	Buy	+7,421	+6.2%	$7.16K	127,453
Q2 2021	IWR iShares Russell Mid-Cap ETF	iShares Russell Mid-Cap ETF	Sell	-12	-0.5%	$204.00	2,569
Q2 2021	K Kellanova	Kellanova	Buy	+2,565	+1.9%	$8.88K	138,108
Q2 2021	KHC The Kraft Heinz Company	The Kraft Heinz Company	Buy	+15,318	+7.1%	$9.37K	229,675
Q2 2021	KO Coca-Cola Company (The)	Coca-Cola Company (The)	Buy	+250	+5.8%	$248.00	4,581
Q2 2021	LMT Lockheed Martin Corporation	Lockheed Martin Corporation	Buy	+145	+2.2%	$2.56K	6,752
Q2 2021	MDT Medtronic	Medtronic	Buy	+22	+0.7%	$417.00	3,356
Q2 2021	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-6	-0.0%	$7.13K	20,511
Q2 2021	MRK Merck & Company, Inc.	Merck & Company, Inc.	Buy	+27,579	+40.6%	$7.43K	95,557

Page 1 of 2