{
 "manager": "Hillman Capital Management",
 "page": "https://www.moatshark.com/m/hillman-capital-management",
 "form": "13F-HR",
 "period": "2026-06-30",
 "filed": "2026-08-14",
 "previous_period": "2026-03-31",
 "filing_url": "https://www.sec.gov/Archives/edgar/data/1314620/000139834426014467/0001398344-26-014467-index.htm",
 "total_value_usd": 138152113,
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holdings": [
  {
   "company": "CVS Health",
   "ticker": "CVS",
   "moatshark_slug": "cvs",
   "sector": "Consumer staples",
   "value_usd": 5738889,
   "shares": 55475,
   "portfolio_pct": 4.15,
   "previous_pct": 3.36,
   "change": "REDUCE",
   "share_change_pct": -17.8,
   "quarters_held": 27
  },
  {
   "company": "Biogen",
   "ticker": "BIIB",
   "moatshark_slug": "biib",
   "sector": "Health care",
   "value_usd": 5183928,
   "shares": 23993,
   "portfolio_pct": 3.75,
   "previous_pct": 3.76,
   "change": "REDUCE",
   "share_change_pct": -18.8,
   "quarters_held": 27
  },
  {
   "company": "Dupont de Nemours",
   "ticker": "DD",
   "moatshark_slug": "dd",
   "sector": "Materials",
   "value_usd": 5119732,
   "shares": 37745,
   "portfolio_pct": 3.71,
   "previous_pct": 3.75,
   "change": "REDUCE",
   "share_change_pct": -68,
   "quarters_held": 26
  },
  {
   "company": "Warner Bros. Discovery",
   "ticker": "WBD",
   "moatshark_slug": "wbd",
   "sector": "Communication and media",
   "value_usd": 5065027,
   "shares": 189986,
   "portfolio_pct": 3.67,
   "previous_pct": 3.74,
   "change": "REDUCE",
   "share_change_pct": -3.2,
   "quarters_held": 17
  },
  {
   "company": "Baxter International",
   "ticker": "BAX",
   "moatshark_slug": "bax",
   "sector": "Health care",
   "value_usd": 5032202,
   "shares": 236032,
   "portfolio_pct": 3.64,
   "previous_pct": 2.89,
   "change": "REDUCE",
   "share_change_pct": -4.6,
   "quarters_held": 12
  },
  {
   "company": "International Flavors & Fragrances",
   "ticker": "IFF",
   "moatshark_slug": "iff",
   "sector": "Materials",
   "value_usd": 4980958,
   "shares": 62875,
   "portfolio_pct": 3.61,
   "previous_pct": 3.67,
   "change": "REDUCE",
   "share_change_pct": -13.6,
   "quarters_held": 13
  },
  {
   "company": "GSK",
   "ticker": "GSK",
   "moatshark_slug": "gsk",
   "sector": "Health care",
   "value_usd": 4842717,
   "shares": 92383,
   "portfolio_pct": 3.51,
   "previous_pct": 3.73,
   "change": "REDUCE",
   "share_change_pct": -5.2,
   "quarters_held": 16
  },
  {
   "company": "Carmax Ord",
   "ticker": "KMX",
   "moatshark_slug": "kmx",
   "sector": "Consumer discretionary",
   "value_usd": 4833353,
   "shares": 91385,
   "portfolio_pct": 3.5,
   "previous_pct": 3.15,
   "change": "REDUCE",
   "share_change_pct": -16.3,
   "quarters_held": 17
  },
  {
   "company": "Ishares Tr",
   "ticker": "EFA",
   "moatshark_slug": "efa",
   "sector": null,
   "value_usd": 4708916,
   "shares": 35339,
   "portfolio_pct": 3.41,
   "previous_pct": 2.81,
   "change": "ADD",
   "share_change_pct": 2.3,
   "quarters_held": 27
  },
  {
   "company": "Boeing",
   "ticker": "BA",
   "moatshark_slug": "ba",
   "sector": "Industrials",
   "value_usd": 4670124,
   "shares": 21574,
   "portfolio_pct": 3.38,
   "previous_pct": 3.09,
   "change": "REDUCE",
   "share_change_pct": -3.4,
   "quarters_held": 25
  },
  {
   "company": "Zimmer Biomet Holdings",
   "ticker": "ZBH",
   "moatshark_slug": "zbh",
   "sector": "Health care",
   "value_usd": 4643953,
   "shares": 53943,
   "portfolio_pct": 3.36,
   "previous_pct": 3.5,
   "change": "REDUCE",
   "share_change_pct": -3.2,
   "quarters_held": 20
  },
  {
   "company": "Kraft Heinz",
   "ticker": "KHC",
   "moatshark_slug": "khc",
   "sector": "Consumer staples",
   "value_usd": 4641188,
   "shares": 196494,
   "portfolio_pct": 3.36,
   "previous_pct": 3.14,
   "change": "REDUCE",
   "share_change_pct": -2.3,
   "quarters_held": 27
  },
  {
   "company": "Brown Forman",
   "ticker": "BF.B",
   "moatshark_slug": "bf-b",
   "sector": "Consumer staples",
   "value_usd": 4597498,
   "shares": 172514,
   "portfolio_pct": 3.33,
   "previous_pct": 3.24,
   "change": "REDUCE",
   "share_change_pct": -2.2,
   "quarters_held": 7
  },
  {
   "company": "Pfizer",
   "ticker": "PFE",
   "moatshark_slug": "pfe",
   "sector": "Health care",
   "value_usd": 4204609,
   "shares": 174610,
   "portfolio_pct": 3.04,
   "previous_pct": 3.66,
   "change": "REDUCE",
   "share_change_pct": -7.1,
   "quarters_held": 11
  },
  {
   "company": "Estée Lauder",
   "ticker": "EL",
   "moatshark_slug": "el",
   "sector": "Materials",
   "value_usd": 3965343,
   "shares": 50226,
   "portfolio_pct": 2.87,
   "previous_pct": 2.6,
   "change": "REDUCE",
   "share_change_pct": -3.7,
   "quarters_held": 11
  },
  {
   "company": "Fiserv",
   "ticker": "FISV",
   "moatshark_slug": "fisv",
   "sector": "Financials",
   "value_usd": 3848267,
   "shares": 78456,
   "portfolio_pct": 2.79,
   "previous_pct": 3.13,
   "change": "REDUCE",
   "share_change_pct": -2.8,
   "quarters_held": 4
  },
  {
   "company": "Microsoft",
   "ticker": "MSFT",
   "moatshark_slug": "msft",
   "sector": "Technology",
   "value_usd": 3840614,
   "shares": 10296,
   "portfolio_pct": 2.78,
   "previous_pct": 2.78,
   "change": "REDUCE",
   "share_change_pct": -4.9,
   "quarters_held": 30
  },
  {
   "company": "Campbell's",
   "ticker": "CPB",
   "moatshark_slug": "cpb",
   "sector": "Consumer staples",
   "value_usd": 3586428,
   "shares": 161043,
   "portfolio_pct": 2.6,
   "previous_pct": 2.57,
   "change": "REDUCE",
   "share_change_pct": -3.1,
   "quarters_held": 10
  },
  {
   "company": "Adobe",
   "ticker": "ADBE",
   "moatshark_slug": "adbe",
   "sector": "Technology",
   "value_usd": 3544386,
   "shares": 17288,
   "portfolio_pct": 2.57,
   "previous_pct": 2.73,
   "change": "ADD",
   "share_change_pct": 6.7,
   "quarters_held": 9
  },
  {
   "company": "Nike",
   "ticker": "NKE",
   "moatshark_slug": "nke",
   "sector": "Other",
   "value_usd": 3210644,
   "shares": 78213,
   "portfolio_pct": 2.32,
   "previous_pct": 2.86,
   "change": "ADD",
   "share_change_pct": 0.4,
   "quarters_held": 10
  },
  {
   "company": "Taiwan Semiconductor Manufacturing",
   "ticker": "TSM",
   "moatshark_slug": "tsm",
   "sector": "Technology",
   "value_usd": 2678213,
   "shares": 5608,
   "portfolio_pct": 1.94,
   "previous_pct": 1.87,
   "change": "REDUCE",
   "share_change_pct": -29.6,
   "quarters_held": 8
  },
  {
   "company": "Bristol-Myers Squibb",
   "ticker": "BMY",
   "moatshark_slug": "bmy",
   "sector": "Health care",
   "value_usd": 2606441,
   "shares": 45235,
   "portfolio_pct": 1.89,
   "previous_pct": 2.24,
   "change": "REDUCE",
   "share_change_pct": -14.8,
   "quarters_held": 9
  },
  {
   "company": "West Pharmaceutical Svsc",
   "ticker": "WST",
   "moatshark_slug": "wst",
   "sector": "Health care",
   "value_usd": 2551054,
   "shares": 7106,
   "portfolio_pct": 1.85,
   "previous_pct": 1.55,
   "change": "REDUCE",
   "share_change_pct": -20.2,
   "quarters_held": 4
  },
  {
   "company": "US Bancorp",
   "ticker": "USB",
   "moatshark_slug": "usb",
   "sector": "Financials",
   "value_usd": 2491621,
   "shares": 41252,
   "portfolio_pct": 1.8,
   "previous_pct": 1.9,
   "change": "REDUCE",
   "share_change_pct": -21.5,
   "quarters_held": 12
  },
  {
   "company": "Veeva Systems",
   "ticker": "VEEV",
   "moatshark_slug": "veev",
   "sector": "Technology",
   "value_usd": 2486000,
   "shares": 14008,
   "portfolio_pct": 1.8,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Comcast",
   "ticker": "CMCSA",
   "moatshark_slug": "cmcsa",
   "sector": "Communication and media",
   "value_usd": 2475696,
   "shares": 100843,
   "portfolio_pct": 1.79,
   "previous_pct": 1.9,
   "change": "ADD",
   "share_change_pct": 5.9,
   "quarters_held": 23
  },
  {
   "company": "Walt Disney",
   "ticker": "DIS",
   "moatshark_slug": "dis",
   "sector": "Consumer discretionary",
   "value_usd": 2443306,
   "shares": 25385,
   "portfolio_pct": 1.77,
   "previous_pct": 1.65,
   "change": "ADD",
   "share_change_pct": 3.2,
   "quarters_held": 15
  },
  {
   "company": "Conagra Brands",
   "ticker": "CAG",
   "moatshark_slug": "cag",
   "sector": "Consumer staples",
   "value_usd": 2432599,
   "shares": 180728,
   "portfolio_pct": 1.76,
   "previous_pct": 1.61,
   "change": "ADD",
   "share_change_pct": 22.4,
   "quarters_held": 20
  },
  {
   "company": "Verizon Communications",
   "ticker": "VZ",
   "moatshark_slug": "vz",
   "sector": "Communication and media",
   "value_usd": 2424515,
   "shares": 57263,
   "portfolio_pct": 1.75,
   "previous_pct": 2.27,
   "change": "REDUCE",
   "share_change_pct": -11.9,
   "quarters_held": 27
  },
  {
   "company": "United Parcel Service",
   "ticker": "UPS",
   "moatshark_slug": "ups",
   "sector": "Industrials",
   "value_usd": 2398970,
   "shares": 22316,
   "portfolio_pct": 1.74,
   "previous_pct": 1.52,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 4
  },
  {
   "company": "Becton Dickinson & Co",
   "ticker": "BDX",
   "moatshark_slug": "bdx",
   "sector": "Health care",
   "value_usd": 2305967,
   "shares": 15238,
   "portfolio_pct": 1.67,
   "previous_pct": 1.55,
   "change": "ADD",
   "share_change_pct": 7.2,
   "quarters_held": 26
  },
  {
   "company": "UnitedHealth Group",
   "ticker": "UNH",
   "moatshark_slug": "unh",
   "sector": "Health care",
   "value_usd": 2246480,
   "shares": 5405,
   "portfolio_pct": 1.63,
   "previous_pct": 1.39,
   "change": "REDUCE",
   "share_change_pct": -27,
   "quarters_held": 4
  },
  {
   "company": "Diageo",
   "ticker": "DEO",
   "moatshark_slug": "deo",
   "sector": "Consumer staples",
   "value_usd": 2209807,
   "shares": 27492,
   "portfolio_pct": 1.6,
   "previous_pct": 1.42,
   "change": "REDUCE",
   "share_change_pct": -0.1,
   "quarters_held": 7
  },
  {
   "company": "Constellation Brands",
   "ticker": "STZ",
   "moatshark_slug": "stz",
   "sector": "Consumer staples",
   "value_usd": 2176898,
   "shares": 15651,
   "portfolio_pct": 1.58,
   "previous_pct": 1.96,
   "change": "REDUCE",
   "share_change_pct": -16.7,
   "quarters_held": 23
  },
  {
   "company": "Salesforce",
   "ticker": "CRM",
   "moatshark_slug": "crm",
   "sector": "Technology",
   "value_usd": 2139662,
   "shares": 13658,
   "portfolio_pct": 1.55,
   "previous_pct": 1.42,
   "change": "ADD",
   "share_change_pct": 24.7,
   "quarters_held": 21
  },
  {
   "company": "Equifax",
   "ticker": "EFX",
   "moatshark_slug": "efx",
   "sector": "Industrials",
   "value_usd": 1990508,
   "shares": 12541,
   "portfolio_pct": 1.44,
   "previous_pct": 1.7,
   "change": "REDUCE",
   "share_change_pct": -7.5,
   "quarters_held": 18
  },
  {
   "company": "Akamai Technologies",
   "ticker": "AKAM",
   "moatshark_slug": "akam",
   "sector": "Industrials",
   "value_usd": 1937107,
   "shares": 16387,
   "portfolio_pct": 1.4,
   "previous_pct": 1.82,
   "change": "REDUCE",
   "share_change_pct": -28.2,
   "quarters_held": 5
  },
  {
   "company": "Hershey",
   "ticker": "HSY",
   "moatshark_slug": "hsy",
   "sector": "Consumer staples",
   "value_usd": 1861174,
   "shares": 10608,
   "portfolio_pct": 1.35,
   "previous_pct": 1.53,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 6
  },
  {
   "company": "Oracle",
   "ticker": "ORCL",
   "moatshark_slug": "orcl",
   "sector": "Technology",
   "value_usd": 1684739,
   "shares": 11496,
   "portfolio_pct": 1.22,
   "previous_pct": 1.65,
   "change": "REDUCE",
   "share_change_pct": -28.6,
   "quarters_held": 2
  },
  {
   "company": "Medtronic",
   "ticker": "MDT",
   "moatshark_slug": "mdt",
   "sector": "Health care",
   "value_usd": 446459,
   "shares": 5707,
   "portfolio_pct": 0.32,
   "previous_pct": 0.22,
   "change": "ADD",
   "share_change_pct": 55.6,
   "quarters_held": 6
  },
  {
   "company": "Price T Rowe Group",
   "ticker": "TROW",
   "moatshark_slug": "trow",
   "sector": "Financials",
   "value_usd": 410421,
   "shares": 3610,
   "portfolio_pct": 0.3,
   "previous_pct": 1.62,
   "change": "REDUCE",
   "share_change_pct": -86.1,
   "quarters_held": 18
  },
  {
   "company": "Air Products & Chemicals",
   "ticker": "APD",
   "moatshark_slug": "apd",
   "sector": "Materials",
   "value_usd": 382893,
   "shares": 1306,
   "portfolio_pct": 0.28,
   "previous_pct": 0.27,
   "change": "REDUCE",
   "share_change_pct": -2.5,
   "quarters_held": 19
  },
  {
   "company": "Accenture",
   "ticker": "ACN",
   "moatshark_slug": "acn",
   "sector": "Technology",
   "value_usd": 380164,
   "shares": 3055,
   "portfolio_pct": 0.28,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Thermo Fisher Scientific",
   "ticker": "TMO",
   "moatshark_slug": "tmo",
   "sector": "Technology",
   "value_usd": 376020,
   "shares": 750,
   "portfolio_pct": 0.27,
   "previous_pct": 0.22,
   "change": "ADD",
   "share_change_pct": 14.3,
   "quarters_held": 4
  },
  {
   "company": "RTX",
   "ticker": "RTX",
   "moatshark_slug": "rtx",
   "sector": "Industrials",
   "value_usd": 367128,
   "shares": 1935,
   "portfolio_pct": 0.27,
   "previous_pct": 0.26,
   "change": "REDUCE",
   "share_change_pct": -2,
   "quarters_held": 25
  },
  {
   "company": "Alphabet",
   "ticker": "GOOG",
   "moatshark_slug": "goog",
   "sector": "Communication and media",
   "value_usd": 365359,
   "shares": 1034,
   "portfolio_pct": 0.26,
   "previous_pct": 0.23,
   "change": "REDUCE",
   "share_change_pct": -8.7,
   "quarters_held": 23
  },
  {
   "company": "ServiceNow",
   "ticker": "NOW",
   "moatshark_slug": "now",
   "sector": "Technology",
   "value_usd": 339041,
   "shares": 3415,
   "portfolio_pct": 0.25,
   "previous_pct": 0.25,
   "change": "ADD",
   "share_change_pct": 1.1,
   "quarters_held": 2
  },
  {
   "company": "Clorox",
   "ticker": "CLX",
   "moatshark_slug": "clx",
   "sector": "Materials",
   "value_usd": 336999,
   "shares": 3531,
   "portfolio_pct": 0.24,
   "previous_pct": 0.26,
   "change": "REDUCE",
   "share_change_pct": -0.7,
   "quarters_held": 2
  },
  {
   "company": "Blackrock",
   "ticker": "BLK",
   "moatshark_slug": "blk",
   "sector": "Financials",
   "value_usd": 329815,
   "shares": 343,
   "portfolio_pct": 0.24,
   "previous_pct": 0.23,
   "change": "REDUCE",
   "share_change_pct": -1.2,
   "quarters_held": 7
  },
  {
   "company": "Intuit",
   "ticker": "INTU",
   "moatshark_slug": "intu",
   "sector": "Technology",
   "value_usd": 313983,
   "shares": 1203,
   "portfolio_pct": 0.23,
   "previous_pct": 0.29,
   "change": "ADD",
   "share_change_pct": 25.7,
   "quarters_held": 2
  },
  {
   "company": "CoStar Group",
   "ticker": "CSGP",
   "moatshark_slug": "csgp",
   "sector": "Real estate",
   "value_usd": 304298,
   "shares": 10745,
   "portfolio_pct": 0.22,
   "previous_pct": 0.24,
   "change": "ADD",
   "share_change_pct": 25.6,
   "quarters_held": 2
  },
  {
   "company": "Spdr Series Trust",
   "ticker": "SDY",
   "moatshark_slug": "sdy",
   "sector": null,
   "value_usd": 0,
   "shares": 0,
   "portfolio_pct": 0,
   "previous_pct": 0.39,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 2
  },
  {
   "company": "GE Aerospace",
   "ticker": "GE",
   "moatshark_slug": "ge",
   "sector": "Industrials",
   "value_usd": 0,
   "shares": 0,
   "portfolio_pct": 0,
   "previous_pct": 0.25,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 19
  },
  {
   "company": "Ishares MSCI Acwi Etf",
   "ticker": "ACWX",
   "moatshark_slug": "acwx",
   "sector": null,
   "value_usd": 0,
   "shares": 0,
   "portfolio_pct": 0,
   "previous_pct": 0.16,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 1
  }
 ]
}