Hillman Capital Management, Inc. 13F: Quarter-over-Quarter Portfolio Changes
Hillman Capital Management, Inc. reported a disclosed portfolio value of approximately $144.0 million in its latest SEC Form 13F-HR filing for Q1 2026, down 9.4% quarter on quarter. Over the quarter, the manager initiated 6 new positions, bought more shares in 25 holdings, trimmed 23 holdings, and exited 6 positions.
Hillman Capital Management, Inc.'s top buy was a new stake in Oracle CORP (ORCL) , equal to 1.6% of the disclosed portfolio. Its top sell was Asml Hldg NV (ASML) . The manager exited the position completely after it had accounted for 3.7% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| ORACLE CORP | ORCL | 1.6% | Holders → |
| INTUIT | INTU | 0.3% | Holders → |
| CLOROX COMPANY | CLX | 0.3% | Holders → |
| SERVICENOW | NOW | 0.2% | Holders → |
| COSTAR GROUP INC | CSGP | 0.2% | Holders → |
| ISHARES TR | IGOV | 0.2% | Holders → |
Top BuysQ1 2026
Showing the top 10 buys among 25 existing positions where the manager bought more shares in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| ADOBE INC | ADBE | +1.1% | +122.9% | Holders → |
| FISERV, INC. | FISV | +1.5% | +110.4% | Holders → |
| SPDR SERIES TRUST | BWX | +0.1% | +66.4% | Holders → |
| EQUIFAX INC | EFX | +0.2% | +22.4% | Holders → |
| ISHARES TR | IVV | +0.1% | +22.3% | Holders → |
| ZIMMER BIOMET HOLDINGS INC | ZBH | +0.9% | +21.2% | History → |
| BROWN FORMAN CORP | BF/B | +0.8% | +19.2% | — |
| CAMPBELL'S COMPANY/THE | CPB | +0.1% | +18.1% | Holders → |
| BAXTER INTERNATIONAL INC (BAX) | BAX | +0.3% | +16.9% | Holders → |
| NIKE INC | NKE | +0.1% | +14.3% | Holders → |
Top SellsQ1 2026
Showing the top 10 sells among 23 existing positions where the manager sold shares in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| AKAMAI TECHNOLOGIES INC | AKAM | 0.1% | 28.7% | Holders → |
| HERSHEY CO | HSY | 0.0% | 20.3% | Holders → |
| TAIWAN SEMIC-ADR | TSM | 0.1% | 15.7% | Holders → |
| GSK PLC | GSK | 0.2% | 14.8% | History → |
| BOEING CO | BA | -0.4% | 12.2% | Holders → |
| RTX | RTX | 0.0% | 12.1% | Holders → |
| DUPONT DE NEMOURS, INC. | DD | 0.4% | 11.5% | History → |
| UNITED PARCEL SVCS INC | UPS | -0.0% | 9.3% | Holders → |
| WARNER BROS DISCOVERY INC | WBD | -0.1% | 8.5% | History → |
| CVS HEALTH CORP | CVS | -0.2% | 5.9% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| ASML HLDG NV | ASML | 3.7% |
| ANHEUSER-BUSCH INBEV SA/NV | BUD | 3.3% |
| STATE STR SPDR S&P 500 ETF T | SPY | 2.9% |
| NUCOR CORP | NUE | 0.3% |
| MICROCHIP TECHNOLOGY INC. | MCHP | 0.3% |
| EXXON MOBIL CORP | XOM | 0.2% |
Net Portfolio Value ChangeQ1 2026
- $0.2BPrior quarter
- $0.1BCurrent quarter
- $-0.0BNet delta
- -9.4%% change
Methodology & FAQ
How Hillman Capital Management, Inc. Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Hillman Capital Management, Inc.: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Hillman Capital Management, Inc. buy in Q1 2026?
In Q1 2026, Hillman Capital Management, Inc. initiated 6 new positions (ORACLE CORP (ORCL), INTUIT (INTU), CLOROX COMPANY (CLX), SERVICENOW (NOW), COSTAR GROUP INC (CSGP), ISHARES TR (IGOV)); bought more shares of ADOBE INC (ADBE), FISERV, INC. (FISV), SPDR SERIES TRUST (BWX), EQUIFAX INC (EFX), ISHARES TR (IVV) — the largest 5 of 25 adds.
What stocks did Hillman Capital Management, Inc. sell in Q1 2026?
In Q1 2026, Hillman Capital Management, Inc. fully sold 6 positions (ASML HLDG NV (ASML), ANHEUSER-BUSCH INBEV SA/NV (BUD), STATE STR SPDR S&P 500 ETF T (SPY), NUCOR CORP (NUE), MICROCHIP TECHNOLOGY INC. (MCHP), EXXON MOBIL CORP (XOM)); reduced holdings in AKAMAI TECHNOLOGIES INC (AKAM), HERSHEY CO (HSY), TAIWAN SEMIC-ADR (TSM), GSK PLC (GSK), BOEING CO (BA) — the largest 5 of 23 reductions.
Which positions did Hillman Capital Management, Inc. initiate in Q1 2026?
Hillman Capital Management, Inc. established 6 new positions in Q1 2026: ORACLE CORP (ORCL, 1.6%), INTUIT (INTU, 0.3%), CLOROX COMPANY (CLX, 0.3%), SERVICENOW (NOW, 0.2%), COSTAR GROUP INC (CSGP, 0.2%), ISHARES TR (IGOV, 0.2%).
Which existing positions saw the largest allocation increases for Hillman Capital Management, Inc. in Q1 2026?
Of 25 existing positions with share-count increases in Q1 2026, the largest were: ADOBE INC (ADBE, +1.1% weight, +122.9% shares), FISERV, INC. (FISV, +1.5% weight, +110.4% shares), SPDR SERIES TRUST (BWX, +0.1% weight, +66.4% shares), EQUIFAX INC (EFX, +0.2% weight, +22.4% shares), ISHARES TR (IVV, +0.1% weight, +22.3% shares), ZIMMER BIOMET HOLDINGS INC (ZBH, +0.9% weight, +21.2% shares), BROWN FORMAN CORP (BF/B, +0.8% weight, +19.2% shares), CAMPBELL'S COMPANY/THE (CPB, +0.1% weight, +18.1% shares), BAXTER INTERNATIONAL INC (BAX) (BAX, +0.3% weight, +16.9% shares), NIKE INC (NKE, +0.1% weight, +14.3% shares).
Which positions did Hillman Capital Management, Inc. fully exit in Q1 2026?
Hillman Capital Management, Inc. fully exited 6 positions in Q1 2026: ASML HLDG NV (ASML, last-reported weight 3.7%), ANHEUSER-BUSCH INBEV SA/NV (BUD, last-reported weight 3.3%), STATE STR SPDR S&P 500 ETF T (SPY, last-reported weight 2.9%), NUCOR CORP (NUE, last-reported weight 0.3%), MICROCHIP TECHNOLOGY INC. (MCHP, last-reported weight 0.3%), EXXON MOBIL CORP (XOM, last-reported weight 0.2%).
Which existing positions saw the largest allocation reductions for Hillman Capital Management, Inc. in Q1 2026?
Of 23 existing positions with share-count reductions in Q1 2026, the largest were: AKAMAI TECHNOLOGIES INC (AKAM, 0.1% weight, -28.7% shares), HERSHEY CO (HSY, 0.0% weight, -20.3% shares), TAIWAN SEMIC-ADR (TSM, 0.1% weight, -15.7% shares), GSK PLC (GSK, 0.2% weight, -14.8% shares), BOEING CO (BA, -0.4% weight, -12.2% shares), RTX (RTX, 0.0% weight, -12.1% shares), DUPONT DE NEMOURS, INC. (DD, 0.4% weight, -11.5% shares), UNITED PARCEL SVCS INC (UPS, -0.0% weight, -9.3% shares), WARNER BROS DISCOVERY INC (WBD, -0.1% weight, -8.5% shares), CVS HEALTH CORP (CVS, -0.2% weight, -5.9% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.