Hillman Value Fund (HCMAX) - Full Holdings

Ticker Cusip Description Shares Market Value % of Portfolio
64058100 BK Bank of New York Mellon Corp. 140388 6390461.76 3.41%
03524A108 BUD Anheuser-Busch InBev NV 106000 6364240 3.39%
291011104 EMR Emerson Electric Co. 66000 6339960 3.38%
97023105 BA Boeing Co. 33000 6286170 3.35%
500754106 KHC Kraft Heinz Co. 152000 6187920 3.30%
75887109 BDX Becton Dickinson and Co. 24000 6103200 3.25%
949746101 WFC Wells Fargo & Co. 147655 6096674.95 3.25%
37733W204 GSK GSK PLC 172865 6074476.1 3.24%
126650100 CVS CVS Health Corp. 65000 6057350 3.23%
828806109 SPG Simon Property Group Inc. 50000 5874000 3.13%
98956P102 ZBH Zimmer Biomet Holdings Inc. 44100 5622750 3.00%
594918104 MSFT Microsoft Corp. 23346 5598837.72 2.98%
293792107 EPD Enterprise Products Partners LP 230000 5547600 2.96%
487836108 K Kellogg Co. 78000 5556720 2.96%
7.55E+105 RTX Raytheon Technologies Corp. 55000 5550600 2.96%
205887102 CAG Conagra Brands Inc. 142000 5495400 2.93%
74144T108 TROW T Rowe Price Group Inc. 50000 5453000 2.91%
512807108 LRCX Lam Research Corp. 12600 5295780 2.82%
26614N102 DD DuPont de Nemours Inc. 76000 5215880 2.78%
254687106 DIS Walt Disney Co. 60000 5212800 2.78%
00206R102 T AT&T Inc. 283000 5210030 2.78%
934423104 WBD Warner Bros Discovery Inc. 539506 5114516.88 2.73%
09062X103 BIIB Biogen Inc. 18261 5056836.12 2.70%
79466L302 CRM Salesforce Inc. 38215 5066926.85 2.70%
874039100 TSM Taiwan Semiconductor Manufacturing Co. Ltd. 67729 5045133.21 2.69%
02079K305 GOOGL Alphabet Inc. 56000 4940880 2.63%
92343V104 VZ Verizon Communications Inc. 125000 4925000 2.63%
00724F101 ADBE Adobe Inc. 14600 4913338 2.62%
N07059210 ASML ASML Holding NV 8488 4637843.2 2.47%
959802109 WU Western Union Co. 325000 4475250 2.39%
458140100 INTC Intel Corp. 167605 4429800.15 2.36%
30303M102 META Meta Platforms Inc. 35700 4296138 2.29%
20451N101 CMP Compass Minerals International Inc. 104000 4264000 2.27%
655664100 JWN Nordstrom Inc. 240000 3873600 2.06%
23135106 AMZN Amazon.com Inc. 42000 3528000 1.88%
Cash Equivalent 1510560.3 1510560.3 0.79%

Data as of 12/31/2022

Holdings are subject to change