SEC 13F Intelligence

Managers / Q1 2026

Hillman Capital Management, Inc.

CIK 0001314620 · 7255 WOODMONT AVE, SUITE 260, BETHESDA, MD, 20814 · 410-269-7783

Reported Value
$144M
Q1 2026
Positions
56
Filings on Record
26
2019–present window
Filed
May 15, 2026
original filing

Summary

Hillman Capital Management, Inc. reported $144M in U.S.-listed holdings across 56 positions for Q1 2026.

Its largest position, BIIB, represents 3.8% of the portfolio.

Compared with Q4 2025, the fund opened 6 new positions and exited 6.

Portfolio Metrics

Turnover
+8.4%
vs prior filed quarter
Top-10 Concentration
+35.6%
share of reported value
Largest Position
+3.8%
Biogen
New / Exited
6 / 6
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 ’19: $141MQ4 ’19Q1 ’20: $104MQ2 ’20: $137MQ3 ’20: $142MQ4 ’20: $185MQ4 ’20Q1 ’21: $228MQ2 ’21: $263MQ3 ’21: $285MQ4 ’21: $291MQ4 ’21Q1 ’22: $315MQ2 ’22: $275MQ3 ’22: $241MQ4 ’22: $255MQ4 ’22Q1 ’23: $264MQ2 ’23: $283MQ3 ’23: $260MQ4 ’23: $290MQ4 ’23Q1 ’24: $311MQ2 ’24: $283MQ3 ’24: $292MQ4 ’24: $270MQ4 ’24Q1 ’25: $203MQ2 ’25: $183MQ3 ’25: $172MQ4 ’25: $159MQ4 ’25Q1 ’26: $144Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.4%ADR: 7.0%ETP: 3.4%Other: 0.2%
  • Common Stock · 89.4% · $129M
  • ADR · 7.0% · $10M
  • ETP · 3.4% · $5M
  • Other · 0.2% · $317,832

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ORCLORACLE CORPNEW+16.1K16.1K+$2M$2M
INTUINTUITNEW+957957+$413,788$413,788
CLXCLOROX CO DELNEW+3.6K3.6K+$368,405$368,405
NOWSERVICENOW INCNEW+3.4K3.4K+$353,065$353,065
CSGPCOSTAR GROUP INCNEW+8.6K8.6K+$345,189$345,189
ISHARES TRNEW+5.6K5.6K+$230,264$230,264
ADBEADOBE INCADDED+8.9K16.2K+$1M$4M
FISVFISERV INCADDED+42.4K80.7K+$2M$5M

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

Holdings — Q1 2026

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BIIBBIOGEN INChistory →COM3.76%$5M29.5K
2DWDPEURDUPONT DE NEMOURS INChistory →COM3.75%$5M117.9K
3WBDWARNER BROS DISCOVERY INChistory →COM SER A3.74%$5M196.3K
4GSKGSK PLChistory →SPONSORED ADR3.73%$5M97.4K
5IFFINTERNATIONAL FLAVORS&FRAGRAhistory →COM3.67%$5M72.8K
6PFEPFIZER INChistory →COM3.66%$5M187.9K
7ZBHZIMMER BIOMET HOLDINGS INChistory →COM3.50%$5M55.7K
8CVSCVS HEALTH CORPhistory →COM3.36%$5M67.5K
9BF/BBROWN FORMAN CORPhistory →CL B3.24%$5M176.4K
10KMXCARMAX INChistory →COM3.15%$5M109.2K
11KHCKRAFT HEINZ COhistory →COM3.14%$5M201.1K
12FISVFISERV INChistory →COM3.13%$5M80.7K
13BABOEING COhistory →COM3.09%$4M22.3K
14BAXBAXTER INTL INChistory →COM2.89%$4M247.3K
15NKENIKE INChistory →CL B2.86%$4M77.9K
16MSFTMICROSOFT CORPhistory →COM2.78%$4M10.8K
17ADBEADOBE INChistory →COM2.73%$4M16.2K
18ISHARES TRMSCI EAFE ETF · CORE S&P500 ETF2.65%$4M32.1K
19ELLAUDER ESTEE COS INChistory →CL A2.60%$4M52.2K
20CPBTHE CAMPBELLS COMPANYhistory →COM2.57%$4M166.2K
21BACVERIZON COMMUNICATIONS INChistory →COM2.27%$3M65.0K
22BMYBRISTOL-MYERS SQUIBB COhistory →COM2.24%$3M53.1K
23CB1ACONSTELLATION BRANDS INChistory →CL A1.96%$3M18.8K
24CMCSACOMCAST CORP NEWhistory →CL A1.90%$3M95.2K
25USBUS BANCORPhistory →COM NEW1.90%$3M52.5K
26TSMTAIWAN SEMICONDUCTOR MANUFAChistory →SPONSORED ADS1.87%$3M8.0K
27AKAMAKAMAI TECHNOLOGIES INChistory →COM1.82%$3M22.8K
28EFXEQUIFAX INChistory →COM1.70%$2M13.6K
29DISDISNEY WALT COhistory →COM1.65%$2M24.6K
30ORCLORACLE CORPhistory →COM1.65%$2M16.1K
31TROWPRICE T ROWE GROUP INChistory →COM1.62%$2M25.9K
32CAGCONAGRA BRANDS INChistory →COM1.61%$2M147.6K
33BDXBECTON DICKINSON & COhistory →COM1.55%$2M14.2K
34WSTWEST PHARMACEUTICAL SVSC INChistory →COM1.55%$2M8.9K
35HSYHERSHEY COhistory →COM1.53%$2M10.6K
36UPSUNITED PARCEL SVCS INChistory →CL B1.52%$2M22.3K
37DGEDDIAGEO PLChistory →SPON ADR NEW1.42%$2M27.5K
38CRMSALESFORCE INChistory →COM1.42%$2M11.0K
39UNHUNITEDHEALTH GROUP INChistory →COM1.39%$2M7.4K
40INTUINTUITCOM0.29%$413,788957
41APDAIR PRODUCTS AND CHEMICALS ICOM0.27%$388,9661.3K
42RTXRTX CORPORATIONCOM0.26%$380,9782.0K
43CLXCLOROX CO DELCOM0.26%$368,4053.6K
44GE AEROSPACECOM NEW0.25%$363,7931.3K
45NOWSERVICENOW INCCOM0.25%$353,0653.4K
46CSGPCOSTAR GROUP INCCOM0.24%$345,1898.6K
47SPDR SERIES TRUSTSTATE STREET SPD0.24%$340,1444.4K
48BLKBLACKROCK INCCOM0.23%$333,713347
49GOOGALPHABET INCCAP STK CL C0.22%$323,2911.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$144M56May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$159M56Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$172M53Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$183M50Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$203M51May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$270M54Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$292M52Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$283M53Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$311M52May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$290M53Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$260M53Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$283M100Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$264M97May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$255M97Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$241M93Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$275M93Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$315M93May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$291M98Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$285M96Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$263M48Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$228M43May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$185M46Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$142M36Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$137M38Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$104M36Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$141M50Feb 14, 202013F-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 ↗.