SEC 13F Intelligence

Managers / Q1 2026

HILLMAN CO

CIK 0001036288 · 310 GRANT ST, 1900 GRANT BUILDING, PITTSBURGH, PA, 15219 · 4122812620

Reported Value
$257M
Q1 2026
Positions
14
Filings on Record
31
2019–present window
Filed
Apr 23, 2026
original filing

Summary

Hillman Co reported $257M in U.S.-listed holdings across 14 positions for Q1 2026.

Its largest position, MTZ, represents 18.1% of the portfolio.

Compared with Q4 2025, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+20.5%
vs prior filed quarter
Top-10 Concentration
+96.2%
share of reported value
Largest Position
+18.1%
Mastec
New / Exited
1 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $225MQ4 ’18Q1 ’19: $226MQ2 ’19: $211MQ3 ’19: $179MQ4 ’19: $201MQ4 ’19Q1 ’20: $150MQ2 ’20: $111MQ3 ’20: $168MQ4 ’20: $174MQ4 ’20Q1 ’21: $239MQ2 ’21: $391MQ3 ’21: $287MQ4 ’21: $271MQ4 ’21Q1 ’22: $268MQ2 ’22: $204MQ3 ’22: $192MQ2 ’23: $177MQ2 ’23Q3 ’23: $167MQ4 ’23: $213MQ1 ’24: $214MQ2 ’24: $209MQ2 ’24Q3 ’24: $229MQ4 ’24: $236MQ1 ’25: $264MQ2 ’25: $263MQ2 ’25Q3 ’25: $324MQ4 ’25: $288MQ1 ’26: $257Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 64.1%ETP: 28.4%Other: 7.5%
  • Common Stock · 64.1% · $165M
  • ETP · 28.4% · $73M
  • Other · 7.5% · $19M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UNPUnion Pacific CorpNEW+101.7K101.7K+$25M$25M
MAMastercard IncSOLD OUT69.3K0$40M$0
Etoro Group LtdSOLD OUT34.1K0$1M$0
NU Holdings Ltd/Cayman IslandSOLD OUT8.0K0$133,920$0
iShares Core MSCI EAFE ETFADDED+163.9K398.4K+$15M$36M
CRH PLCTRIMMED90.2K183.2K$15M$19M
MTZMasTec IncHELD+0144.7K+$15M$47M
ZZillow Group IncHELD+0348.3K$9M$14M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

14 positions
#IssuerClass% PortfolioValueShares
1MTZMasTec Inchistory →COM18.10%$47M144.7K
2iShares Core MSCI EAFE ETFCORE MSCI EAFE14.03%$36M398.4K
3MSFTMicrosoft Corphistory →COM11.54%$30M80.1K
4AVGOBroadcom Inchistory →COM10.54%$27M87.6K
5UNPUnion Pacific Corphistory →COM9.60%$25M101.7K
6CRH PLCORD7.49%$19M183.2K
7Vanguard Mid-Cap ETFMID CAP ETF6.67%$17M59.7K
8Vanguard Small-Cap Value ETFSM CP VAL ETF6.62%$17M78.4K
9RKTRocket Cos Inchistory →COM CL A6.02%$15M1.09M
10ZZillow Group Inchistory →CL C CAP STK5.60%$14M348.3K
11LZLegalzoom.com Inchistory →COM2.02%$5M917.3K
12State Street SPDR S&P 500 ETFTR UNIT1.12%$3M4.4K
13EPSNEpsilon Energy LtdCOM0.35%$903,038146.6K
14NAUTNautilus Biotechnology IncCOM0.30%$776,000200.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$257M14Apr 23, 202613F-HRchanges · EDGAR ↗
Q4 2025$288M16Jan 16, 202613F-HRchanges · EDGAR ↗
Q3 2025$324M15Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$263M14Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$264M14Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$236M13Jan 21, 202513F-HRchanges · EDGAR ↗
Q3 2024$229M13Oct 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$209M12Jul 23, 202413F-HRchanges · EDGAR ↗
Q1 2024$214M12Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$213M14Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$167M13Oct 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$177M11Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review13Apr 25, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review14Jan 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$192M14Nov 14, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$204M16Jul 13, 202213F-HRchanges · EDGAR ↗
Q1 2022$268M13Apr 19, 202213F-HRchanges · EDGAR ↗
Q4 2021$271M12Jan 19, 202213F-HRchanges · EDGAR ↗
Q3 2021$287M10Oct 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$391M12Jul 21, 202113F-HRchanges · EDGAR ↗
Q1 2021$239M11Apr 21, 202113F-HRchanges · EDGAR ↗
Q4 2020$174M8Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$168M8Oct 14, 202013F-HRchanges · EDGAR ↗
Q2 2020$111M6Jul 24, 202013F-HRchanges · EDGAR ↗
Q1 2020$150M9Apr 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$201M10Jan 21, 202013F-HRchanges · EDGAR ↗
Q3 2019$179M11Oct 10, 201913F-HRchanges · EDGAR ↗
Q2 2019$211M9Jul 24, 201913F-HRchanges · EDGAR ↗
Q1 2019$226M11Apr 18, 201913F-HRchanges · EDGAR ↗
Q4 2018$225M14Jan 16, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.