Mark A. Hillman - Hillman Value Fund 13F Activity & Position Changes (Q4 2013)

According to the SEC 13F filed on Aug 14, 2026, the Hillman Value Fund portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2013. 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 Q4 2013, the filing reported:

New Buys - Caterpillar, Inc., eBay Inc., Target Corporation

Increases - Compass Minerals Intl Inc, Corning Incorporated, Transocean, International Business Machines, Walmart Inc., and 1 more

Reductions - Apple Inc., Amgen Inc., American Express Company, Boeing Company (The), Bank of America Corporation, and 9 more

Complete Exits - Norfolk Southern Corporation, United Parcel Service, Inc.

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
Q4 2013	AAPL Apple Inc.	Apple Inc.	Sell	-7	-0.1%	$2.88K	5,140
Q4 2013	AMGN Amgen Inc.	Amgen Inc.	Sell	-157	-1.9%	$941.00	7,912
Q4 2013	AXP American Express Company	American Express Company	Sell	-164	-0.4%	$3.30K	36,344
Q4 2013	BA Boeing Company (The)	Boeing Company (The)	Sell	-7,922	-30.6%	$2.45K	17,939
Q4 2013	BAC Bank of America Corporation	Bank of America Corporation	Sell	-952	-0.5%	$3.16K	203,138
Q4 2013	CAT Caterpillar, Inc.	Caterpillar, Inc.	Buy - Position Entry	+30,441	-	$2.76K	30,441
Q4 2013	CMP Compass Minerals Intl Inc	Compass Minerals Intl Inc	Buy	+154	+1.6%	$774.00	9,668
Q4 2013	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Sell	-234	-0.2%	$2.43K	108,158
Q4 2013	EBAY eBay Inc.	eBay Inc.	Buy - Position Entry	+48,105	-	$2.64K	48,105
Q4 2013	GLW Corning Incorporated	Corning Incorporated	Buy	+9,208	+20.5%	$966.00	54,208
Q4 2013	GS Goldman Sachs Group, Inc. (The)	Goldman Sachs Group, Inc. (The)	Sell	-40	-0.2%	$2.87K	16,191
Q4 2013	H8817H100 Transocean	Transocean	Buy	+2,770	+6.8%	$2.16K	43,699
Q4 2013	IBM International Business Machines	International Business Machines	Buy	+111	+2.4%	$889.00	4,738
Q4 2013	INTC Intel Corporation	Intel Corporation	Sell	-29,777	-29.5%	$1.85K	71,201
Q4 2013	JNJ Johnson & Johnson	Johnson & Johnson	Sell	-83	-0.3%	$2.82K	30,746
Q4 2013	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Sell	-15,031	-31.1%	$1.95K	33,301
Q4 2013	JWN Nordstrom, Inc.	Nordstrom, Inc.	Sell	-84	-0.2%	$2.11K	36,687
Q4 2013	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-147	-0.2%	$2.46K	65,866
Q4 2013	NSC Norfolk Southern Corporation	Norfolk Southern Corporation	Sell - Position Exit	-9,000	-100.0%	$0.00	-
Q4 2013	ORCL Oracle Corporation	Oracle Corporation	Sell	-110	-0.2%	$2.63K	68,743
Q4 2013	TGT Target Corporation	Target Corporation	Buy - Position Entry	+10,000	-	$633.00	10,000
Q4 2013	UPS United Parcel Service, Inc.	United Parcel Service, Inc.	Sell - Position Exit	-7,000	-100.0%	$0.00	-
Q4 2013	WMT Walmart Inc.	Walmart Inc.	Buy	+44	+0.5%	$688.00	8,737
Q4 2013	WU Western Union Company (The)	Western Union Company (The)	Buy	+20,500	+15.6%	$2.62K	151,674
Q4 2013	XOM Exxon Mobil Corporation	Exxon Mobil Corporation	Sell	-42	-0.2%	$2.43K	24,023