Hillman Capital Management 13F, Q1 2025
Hillman Capital · quarter ending 31 March 2025 · filed 15 May 2025 · SEC CIK 1314620
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 51 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| AT&T INC | T | $7.46M | 3.7% | -41% shares |
| WARNER BROS DISCOVERY INC | WBD | $7.06M | 3.5% | -29% shares |
| CVS HEALTH CORP | CVS | $6.81M | 3.4% | -16% shares |
| ZIMMER BIOMET HOLDINGS INC | ZBH | $6.63M | 3.3% | -26% shares |
| CARMAX INC | KMX | $6.55M | 3.2% | -26% shares |
| BROWN FORMAN CORP | BF/B | $6.46M | 3.2% | +30% shares |
| BOEING CO | BA | $6.40M | 3.1% | -34% shares |
| GSK PLC | GSK | $6.40M | 3.1% | -29% shares |
| ANHEUSER BUSCH INBEV SA/NV | BUD | $6.39M | 3.1% | -14% shares |
| LAUDER ESTEE COS INC | EL | $6.29M | 3.1% | -9% shares |
| INTERNATIONAL FLAVORS&FRAGRA | IFF | $6.27M | 3.1% | -18% shares |
| DUPONT DE NEMOURS INC | DWDPEUR | $6.25M | 3.1% | -25% shares |
| KRAFT HEINZ CO | KHC | $6.24M | 3.1% | -17% shares |
| BAXTER INTL INC | BAX | $6.23M | 3.1% | -11% shares |
| ASML HOLDING N V | $6.15M | 3.0% | -27% shares | |
| PFIZER INC | PFE | $6.12M | 3.0% | -25% shares |
| MICROSOFT CORP | MSFT | $6.06M | 3.0% | -25% shares |
| BIOGEN INC | BIIB | $6.02M | 3.0% | +2% shares |
| NIKE INC | NKE | $5.90M | 2.9% | -18% shares |
| THE CAMPBELLS COMPANY | CPB | $4.14M | 2.0% | -27% shares |
| VERIZON COMMUNICATIONS INC | VZ | $4.13M | 2.0% | -36% shares |
| CONSTELLATION BRANDS INC | STZ | $4.03M | 2.0% | +1628% shares |
| CONAGRA BRANDS INC | CAG | $4.03M | 2.0% | -21% shares |
| COMCAST CORP NEW | CMCSA | $4.01M | 2.0% | -27% shares |
| DISNEY WALT CO | DIS | $3.98M | 2.0% | -41% shares |
What changed since Q4 2024
Against the Q4 2024 filing, Hillman Capital Management opened 3 new positions, added to 11, trimmed 35, left 2 unchanged and exited 6. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001398344-25-009450, filed by Hillman Capital Management, Inc.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.