Hillman Capital Management, Inc. — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, Hillman Capital Management, Inc. initiated 6 new positions, increased allocation to 10 existing positions, trimmed 10 positions, and exited 6 positions entirely. The fund's 13F equity book declined from $0.16B to $0.14B (-9.4% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $0.16BPrior quarter
- $0.14BCurrent quarter
- $-0.01BNet delta
- -9.4%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| ORACLE CORP | ORCL | 1.65% | Holders → |
| INTUIT | INTU | 0.29% | Holders → |
| CLOROX COMPANY | CLX | 0.26% | Holders → |
| SERVICENOW | NOW | 0.25% | Holders → |
| COSTAR GROUP INC | CSGP | 0.24% | Holders → |
| ISHARES TR | IGOV | 0.16% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| ADOBE INC | ADBE | +1.13% | +122.86% | Holders → |
| FISERV, INC. | FISV | +1.51% | +110.36% | Holders → |
| SPDR SERIES TRUST | BWX | +0.07% | +66.41% | Holders → |
| EQUIFAX INC | EFX | +0.18% | +22.36% | Holders → |
| ISHARES TR | IVV | +0.13% | +22.31% | Holders → |
| ZIMMER BIOMET HOLDINGS INC | ZBH | +0.90% | +21.17% | History → |
| BROWN FORMAN CORP | BF/B | +0.81% | +19.17% | Holders → |
| CAMPBELL'S COMPANY/THE | CPB | +0.10% | +18.12% | Holders → |
| BAXTER INTL INC | BAX | +0.34% | +16.91% | Holders → |
| NIKE INC | NKE | +0.13% | +14.33% | Holders → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| AKAMAI TECHNOLOGIES INC | AKAM | 0.06% | -28.67% | Holders → |
| HERSHEY CO | HSY | 0.01% | -20.29% | Holders → |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | 0.06% | -15.69% | Holders → |
| GSK PLC | GSK | 0.21% | -14.78% | History → |
| THE BOEING COMPANY | BA | -0.39% | -12.20% | Holders → |
| RTX CORP | RTX | 0.01% | -12.11% | Holders → |
| DUPONT DE NEMOURS, INC. | DD | 0.38% | -11.52% | History → |
| UNITED PARCEL SERVICE INC | UPS | -0.01% | -9.34% | Holders → |
| WARNER BROS DISCOVERY INC | WBD | -0.15% | -8.52% | History → |
| CVS HEALTH CORP | CVS | -0.22% | -5.89% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| ASML HOLDING NV | ASML | 3.71% |
| ANHEUSER-BUSCH INBEV SA/NV | BUD | 3.33% |
| STATE STREET SPDR S&P 500 ETF | SPY | 2.86% |
| NUCOR CORP | NUE | 0.28% |
| MICROCHIP TECHNOLOGY, INC. | MCHP | 0.27% |
| EXXON MOBIL CORP | XOM | 0.24% |
Methodology & FAQ
How Hillman Capital Management, Inc. Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for Hillman Capital Management, Inc. against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
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, 1.65%), INTUIT (INTU, 0.29%), CLOROX COMPANY (CLX, 0.26%), SERVICENOW (NOW, 0.25%), COSTAR GROUP INC (CSGP, 0.24%), ISHARES TR (IGOV, 0.16%).
Which existing positions saw the largest allocation increases for Hillman Capital Management, Inc. in Q1 2026?
The largest portfolio-weight increases in existing positions were: ADOBE INC (ADBE, +1.13% weight, +122.86% shares), FISERV, INC. (FISV, +1.51% weight, +110.36% shares), SPDR SERIES TRUST (BWX, +0.07% weight, +66.41% shares), EQUIFAX INC (EFX, +0.18% weight, +22.36% shares), ISHARES TR (IVV, +0.13% weight, +22.31% shares), ZIMMER BIOMET HOLDINGS INC (ZBH, +0.90% weight, +21.17% shares), BROWN FORMAN CORP (BF/B, +0.81% weight, +19.17% shares), CAMPBELL'S COMPANY/THE (CPB, +0.10% weight, +18.12% shares), BAXTER INTL INC (BAX, +0.34% weight, +16.91% shares), NIKE INC (NKE, +0.13% weight, +14.33% 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 HOLDING NV (ASML, last-reported weight 3.71%), ANHEUSER-BUSCH INBEV SA/NV (BUD, last-reported weight 3.33%), STATE STREET SPDR S&P 500 ETF (SPY, last-reported weight 2.86%), NUCOR CORP (NUE, last-reported weight 0.28%), MICROCHIP TECHNOLOGY, INC. (MCHP, last-reported weight 0.27%), EXXON MOBIL CORP (XOM, last-reported weight 0.24%).
Which existing positions saw the largest allocation reductions for Hillman Capital Management, Inc. in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: AKAMAI TECHNOLOGIES INC (AKAM, 0.06% weight, -28.67% shares), HERSHEY CO (HSY, 0.01% weight, -20.29% shares), TAIWAN SEMICONDUCTOR MANUFAC (TSM, 0.06% weight, -15.69% shares), GSK PLC (GSK, 0.21% weight, -14.78% shares), THE BOEING COMPANY (BA, -0.39% weight, -12.20% shares), RTX CORP (RTX, 0.01% weight, -12.11% shares), DUPONT DE NEMOURS, INC. (DD, 0.38% weight, -11.52% shares), UNITED PARCEL SERVICE INC (UPS, -0.01% weight, -9.34% shares), WARNER BROS DISCOVERY INC (WBD, -0.15% weight, -8.52% shares), CVS HEALTH CORP (CVS, -0.22% weight, -5.89% 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.