Equal-WT
WhaleScore 2.0
?
Hillman Capital Management is based out of Bethesda. Hillman Capital Management is a hedge fund with 178 clients and discretionary assets under management (AUM) of $329,384,822 (Form ADV from 2024-03-15). Their last reported 13F filing for Q2 2024 included $283,225,526 in managed 13F securities
and a top 10 holdings concentration of 32.43%. Hillman Capital Management's largest holding is Microsoft Corp. with shares held of 23,675. Whalewisdom has at least 56 13F filings
Business Description
Hillman Capital Management, Inc. (HCM) was established in 1998 by Mark A. Hillman, who brought in assets from his previous companies, Custom Asset Management and Menocal Capital Management. HCM's principal owners are Mark A. Hillman and his spouse, Melba B. Quizon. The firm initially operated in Annapolis, Maryland, but relocated to Bethesda, Maryland in 2005 due to growth. They formed The Hillman Value Fund (Mutual Fund) in 2000.
As of December 31, 2023, HCM managed $329,384,822 in assets under management on a discretionary basis across 178 accounts. They also advised on $332,585,732 in assets across 2,452 accounts on a non-discretionary basis.
Investment Strategy
HCM offers three investment strategies for separately managed accounts and one for a mutual fund. For separately managed accounts, HCM offers the Focused Advantage Value, Advantage Value Equity, and Balanced Conservative strategies. The Focused Advantage Value and Advantage Value Equity strategies focus on long-term capital appreciation with no emphasis on generating current income. The Focused Advantage Value strategy is more concentrated, investing in fewer securities. Both strategies are often measured against the Russell 1000 Value Index.
The Balanced Conservative strategy aims for total return, encompassing both capital appreciation and current income. This strategy blends equity and fixed income securities and is measured against a blended benchmark reflecting a 40/60 mix of the Russell 1000 Value Index and Bloomberg Barclays US Aggregate Bond indices.
Owners
(Subscription Required)
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)
2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| ADBE Adobe Systems, Inc. | 2.75% |
| BMY Bristol-Myers Squibb | 2.35% |
| WBD Warner Bros.Discover | 0.51% |
| BIIB Biogen Inc | 0.46% |
| EL Estee Lauder Compani | 0.28% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| TSM Taiwan Semiconductor | 3.5% |
| CRM Salesforce.com Inc. | 0.68% |
| GSK GlaxoSmithKline Plc | 0.56% |
| JWN Nordstrom Inc. | 0.4% |
| KMX CarMax Inc. | 0.25% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| MSFT Microsoft Corp. | 3.74% |
| AMZN Amazon.com Inc. | 3.39% |
| IFF International Flavor | 3.38% |
| WFC Wells Fargo & Co. | 3.38% |
| SPG Simon Property Group | 3.3% |
All or part of HILLMAN CAPITAL MANAGEMENT, INC. 13F disclosures were filed
under a combined 13F through
PERSONAL CFO SOLUTIONS, LLC
for 2024-06-30
for 2024-06-30
2024-06-30
13F Activity
| Market Value | $283m, Prior: $311m |
| Inflows (Outflows) as % of Total MV | (-3.5511)% |
| New Purchases | 2 stocks |
| Added To | 9 stocks |
| Sold out of | 1 stocks |
| Reduced holdings in | 38 stocks |
| Top 10 Holdings % | 32.43% |
| Turnover %[1] | 5.56% |
| Turnover Alt %[2] | 7.1% |
| Time Held Top 20 | 7.4 quarters |
| Time Held Top 10 | 2.4 quarters |
| Time Held All | 11.75 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30