Historical Stock Holdings
Hillman Capital Management
| Period | Portfolio Value | Top 20 holdings history (left to right) | |||||||||||||||||||
| 2026 Q1 | $144 M |
BIIB
Biogen Inc.
3.76% of portfolio |
DD
DuPont de Nemours Inc.
3.75% of portfolio |
WBD
Warner Bros. Discovery Inc.
3.74% of portfolio |
GSK
GSK plc
3.73% of portfolio |
IFF
International Flavors & Fragrances Inc.
3.67% of portfolio |
PFE
Pfizer Inc.
3.66% of portfolio |
ZBH
Zimmer Biomet Holdings
3.50% of portfolio |
CVS
CVS Health Corp.
3.36% of portfolio |
BF.B
Brown-Forman Corp.
3.24% of portfolio |
KMX
CarMax Inc.
3.15% of portfolio |
KHC
Kraft Heinz Co.
3.14% of portfolio |
FISV
Fiserv Inc.
3.13% of portfolio |
BA
Boeing Co.
3.09% of portfolio |
BAX
Baxter International Inc.
2.89% of portfolio |
NKE
NIKE Inc.
2.86% of portfolio |
MSFT
Microsoft Corp.
2.78% of portfolio |
ADBE
Adobe Inc.
2.73% of portfolio |
EL
Estee Lauder Cos.
2.60% of portfolio |
CPB
Campbell's Co.
2.57% of portfolio |
VZ
Verizon Communications
2.27% of portfolio |
| 2025 Q4 | $159 M |
WBD
Warner Bros. Discovery Inc.
3.89% of portfolio |
ASML
ASML Holding NV
3.71% of portfolio |
EL
Estee Lauder Cos.
3.61% of portfolio |
CVS
CVS Health Corp.
3.58% of portfolio |
GSK
GSK plc
3.53% of portfolio |
BA
Boeing Co.
3.47% of portfolio |
BIIB
Biogen Inc.
3.38% of portfolio |
DD
DuPont de Nemours Inc.
3.37% of portfolio |
BUD
Anheuser-Busch InBev
3.33% of portfolio |
IFF
International Flavors & Fragrances Inc.
3.22% of portfolio |
MSFT
Microsoft Corp.
3.22% of portfolio |
SPY
SPDR S&P 500 ETF Trust
2.86% of portfolio |
PFE
Pfizer Inc.
2.75% of portfolio |
NKE
NIKE Inc.
2.73% of portfolio |
KHC
Kraft Heinz Co.
2.70% of portfolio |
KMX
CarMax Inc.
2.70% of portfolio |
ZBH
Zimmer Biomet Holdings
2.60% of portfolio |
BAX
Baxter International Inc.
2.54% of portfolio |
CPB
Campbell's Co.
2.47% of portfolio |
BF.B
Brown-Forman Corp.
2.43% of portfolio |
| 2025 Q3 | $172 M |
ASML
ASML Holding NV
3.81% of portfolio |
WBD
Warner Bros. Discovery Inc.
3.76% of portfolio |
EL
Estee Lauder Cos.
3.62% of portfolio |
CVS
CVS Health Corp.
3.61% of portfolio |
BA
Boeing Co.
3.58% of portfolio |
GSK
GSK plc
3.56% of portfolio |
MSFT
Microsoft Corp.
3.46% of portfolio |
DD
DuPont de Nemours Inc.
3.23% of portfolio |
PFE
Pfizer Inc.
3.21% of portfolio |
KHC
Kraft Heinz Co.
3.20% of portfolio |
CPB
Campbell's Co.
3.18% of portfolio |
BUD
Anheuser-Busch InBev
3.15% of portfolio |
BIIB
Biogen Inc.
3.13% of portfolio |
BAX
Baxter International Inc.
3.13% of portfolio |
ZBH
Zimmer Biomet Holdings
3.03% of portfolio |
NKE
NIKE Inc.
3.01% of portfolio |
BF.B
Brown-Forman Corp.
2.97% of portfolio |
IFF
International Flavors & Fragrances Inc.
2.84% of portfolio |
KMX
CarMax Inc.
2.39% of portfolio |
VZ
Verizon Communications
1.86% of portfolio |
| 2025 Q2 | $183 M |
WBD
Warner Bros. Discovery Inc.
3.72% of portfolio |
T
AT&T Inc.
3.72% of portfolio |
BA
Boeing Co.
3.61% of portfolio |
EL
Estee Lauder Cos.
3.60% of portfolio |
MSFT
Microsoft Corp.
3.55% of portfolio |
NKE
NIKE Inc.
3.52% of portfolio |
CVS
CVS Health Corp.
3.50% of portfolio |
ASML
ASML Holding NV
3.37% of portfolio |
BUD
Anheuser-Busch InBev
3.27% of portfolio |
GSK
GSK plc
3.20% of portfolio |
PFE
Pfizer Inc.
3.10% of portfolio |
DD
DuPont de Nemours Inc.
3.08% of portfolio |
IFF
International Flavors & Fragrances Inc.
3.00% of portfolio |
KHC
Kraft Heinz Co.
2.95% of portfolio |
BAX
Baxter International Inc.
2.95% of portfolio |
KMX
CarMax Inc.
2.92% of portfolio |
BIIB
Biogen Inc.
2.88% of portfolio |
ZBH
Zimmer Biomet Holdings
2.77% of portfolio |
BF.B
Brown-Forman Corp.
2.58% of portfolio |
TROW
T. Rowe Price Group
2.02% of portfolio |
| 2025 Q1 | $203 M |
T
AT&T Inc.
3.67% of portfolio |
WBD
Warner Bros. Discovery Inc.
3.47% of portfolio |
CVS
CVS Health Corp.
3.35% of portfolio |
ZBH
Zimmer Biomet Holdings
3.26% of portfolio |
KMX
CarMax Inc.
3.22% of portfolio |
BF.B
Brown-Forman Corp.
3.18% of portfolio |
BA
Boeing Co.
3.15% of portfolio |
BUD
Anheuser-Busch InBev
3.15% of portfolio |
GSK
GSK plc
3.15% of portfolio |
EL
Estee Lauder Cos.
3.09% of portfolio |
DD
DuPont de Nemours Inc.
3.08% of portfolio |
IFF
International Flavors & Fragrances Inc.
3.08% of portfolio |
KHC
Kraft Heinz Co.
3.07% of portfolio |
BAX
Baxter International Inc.
3.07% of portfolio |
ASML
ASML Holding NV
3.02% of portfolio |
PFE
Pfizer Inc.
3.01% of portfolio |
MSFT
Microsoft Corp.
2.98% of portfolio |
BIIB
Biogen Inc.
2.96% of portfolio |
NKE
NIKE Inc.
2.90% of portfolio |
CPB
Campbell's Co.
2.04% of portfolio |
| 2024 Q4 | $270 M |
AMZN
Amazon.com Inc.
3.96% of portfolio |
T
AT&T Inc.
3.80% of portfolio |
BA
Boeing Co.
3.75% of portfolio |
WBD
Warner Bros. Discovery Inc.
3.62% of portfolio |
KMX
CarMax Inc.
3.45% of portfolio |
MSFT
Microsoft Corp.
3.36% of portfolio |
ASML
ASML Holding NV
3.27% of portfolio |
NKE
NIKE Inc.
3.18% of portfolio |
DD
DuPont de Nemours Inc.
3.17% of portfolio |
PFE
Pfizer Inc.
3.15% of portfolio |
ZBH
Zimmer Biomet Holdings
3.09% of portfolio |
IFF
International Flavors & Fragrances Inc.
3.09% of portfolio |
EL
Estee Lauder Cos.
2.91% of portfolio |
GSK
GSK plc
2.90% of portfolio |
KHC
Kraft Heinz Co.
2.82% of portfolio |
DIS
Walt Disney Co.
2.81% of portfolio |
CRM
Salesforce.com
2.62% of portfolio |
GOOGL
Alphabet Inc.
2.54% of portfolio |
BIIB
Biogen Inc.
2.44% of portfolio |
DEO
Diageo ADR
2.42% of portfolio |
| 2024 Q3 | $292 M |
IFF
International Flavors & Fragrances Inc.
3.61% of portfolio |
MSFT
Microsoft Corp.
3.49% of portfolio |
T
AT&T Inc.
3.48% of portfolio |
DD
DuPont de Nemours Inc.
3.46% of portfolio |
SPG
Simon Property Group Inc.
3.28% of portfolio |
WBD
Warner Bros. Discovery Inc.
3.21% of portfolio |
AMZN
Amazon.com Inc.
3.18% of portfolio |
WFC
Wells Fargo
3.12% of portfolio |
KMX
CarMax Inc.
3.06% of portfolio |
BUD
Anheuser-Busch InBev
3.00% of portfolio |
ZBH
Zimmer Biomet Holdings
2.99% of portfolio |
BAX
Baxter International Inc.
2.90% of portfolio |
KHC
Kraft Heinz Co.
2.89% of portfolio |
BMY
Bristol-Myers Squibb
2.85% of portfolio |
EL
Estee Lauder Cos.
2.80% of portfolio |
GSK
GSK plc
2.76% of portfolio |
CVS
CVS Health Corp.
2.62% of portfolio |
USB
U.S. Bancorp
2.55% of portfolio |
BA
Boeing Co.
2.48% of portfolio |
CPB
Campbell's Co.
2.42% of portfolio |
| 2024 Q2 | $283 M |
MSFT
Microsoft Corp.
3.74% of portfolio |
AMZN
Amazon.com Inc.
3.39% of portfolio |
IFF
International Flavors & Fragrances Inc.
3.38% of portfolio |
WFC
Wells Fargo
3.38% of portfolio |
SPG
Simon Property Group Inc.
3.30% of portfolio |
DD
DuPont de Nemours Inc.
3.20% of portfolio |
T
AT&T Inc.
3.09% of portfolio |
WBD
Warner Bros. Discovery Inc.
3.04% of portfolio |
KMX
CarMax Inc.
2.97% of portfolio |
BIIB
Biogen Inc.
2.94% of portfolio |
K-OLD
Kellanova
2.92% of portfolio |
BA
Boeing Co.
2.82% of portfolio |
ADBE
Adobe Inc.
2.75% of portfolio |
KHC
Kraft Heinz Co.
2.70% of portfolio |
BUD
Anheuser-Busch InBev
2.69% of portfolio |
GSK
GSK plc
2.65% of portfolio |
BAX
Baxter International Inc.
2.60% of portfolio |
CVS
CVS Health Corp.
2.59% of portfolio |
EL
Estee Lauder Cos.
2.58% of portfolio |
INTC
Intel Corp.
2.45% of portfolio |
| 2024 Q1 | $311 M |
TSM
Taiwan Semiconductor S.A.
3.50% of portfolio |
MSFT
Microsoft Corp.
3.48% of portfolio |
WFC
Wells Fargo
3.46% of portfolio |
AMZN
Amazon.com Inc.
3.44% of portfolio |
KMX
CarMax Inc.
3.22% of portfolio |
GSK
GSK plc
3.22% of portfolio |
DD
DuPont de Nemours Inc.
3.21% of portfolio |
SPG
Simon Property Group Inc.
3.11% of portfolio |
IFF
International Flavors & Fragrances Inc.
3.03% of portfolio |
BAX
Baxter International Inc.
3.01% of portfolio |
K-OLD
Kellanova
2.92% of portfolio |
CVS
CVS Health Corp.
2.92% of portfolio |
INTC
Intel Corp.
2.91% of portfolio |
T
AT&T Inc.
2.89% of portfolio |
BUD
Anheuser-Busch InBev
2.81% of portfolio |
KHC
Kraft Heinz Co.
2.79% of portfolio |
BA
Boeing Co.
2.71% of portfolio |
CRM
Salesforce.com
2.60% of portfolio |
JWN-OLD
Nordstrom
2.57% of portfolio |
WBD
Warner Bros. Discovery Inc.
2.53% of portfolio |