Hillman Capital ManagementSuperinvestor
About Hillman Capital Management’s 13F portfolio
Hillman Capital Management is an institutional investment manager that discloses its US-listed holdings each quarter through an SEC Form 13F filing. As of , Hillman Capital Management reported $282.6M across 14 US-listed positions (). Its largest position is MasTec Inc (MTZ) at 19% of the reported book, and its ten biggest holdings make up 91% of the portfolio. Browse every manager in the fund managers directory, or see the legendary investors we track on the superinvestors page.
| # | Stock | Price | % of portfolio | Shares | Value |
|---|---|---|---|---|---|
| 1 |  MTZ MasTec Inc | $336.79 −0.31% | 19% | 131K | $54.5M |
| 2 |  UNP Union Pacific Corp | $299.30 −2.61% | 9.8% | 102K | $27.7M |
| 3 |  VO Vanguard Mid-Cap ETF | $81.01 +0.57% | 9.0% | 316K | $25.5M |
| 4 |  VBR Vanguard Small-Cap Value ETF | $245.69 +0.59% | 9.0% | 104K | $25.4M |
| 5 |  DASH DoorDash Inc | $184.37 +6.63% | 8.7% | 134K | $24.7M |
| 6 |  IEFA iShares Core MSCI EAFE ETF | $96.83 +0.51% | 8.0% | 234K | $22.6M |
| 7 |  FSLR First Solar Inc | $205.83 +1.48% | 7.4% | 89K | $20.9M |
| 8 |  CRH CRH PLC | $102.86 +2.99% | 6.9% | 183K | $19.6M |
| 9 |  CDE Coeur Mining Inc | $15.36 +1.52% | 6.5% | 1.1M | $18.4M |
| 10 |  RKT Rocket Cos Inc | $13.49 +3.37% | 6.1% | 1.1M | $17.1M |
| 11 |  Z Zillow Group Inc | $32.00 +4.03% | 3.9% | 348K | $11.0M |
| 12 |  SPY State Street SPDR S&P 500 ETF | $739.09 +0.02% | 3.3% | 12K | $9.3M |
| 13 |  LZ Legalzoom.com Inc | $7.56 +5.29% | 2.0% | 917K | $5.6M |
| 14 |  NAUT Nautilus Biotechnology Inc | $1.66 −1.78% | 0.1% | 200K | $374K |
Showing the 14 largest positions reported in this 13F.
- Industrials31%
- Basic Materials13%
- Consumer Cyclical8.7%
- Technology7.4%
- Financial Services6.1%
- Communication Services3.9%
- Healthcare0.1%
- AddedVOVanguard Mid-Cap ETF+430%$25.5M
- AddedVBRVanguard Small-Cap Value ETF+33.1%$25.4M
- NewDASHDoorDash Inc—$24.7M
- NewFSLRFirst Solar Inc—$20.9M
- NewCDECoeur Mining Inc—$18.4M
- AddedSPYState Street SPDR S&P 500 ETF+182%$9.3M
- ReducedMTZMasTec Inc−9.5%$54.5M
- ReducedIEFAiShares Core MSCI EAFE ETF−41.1%$22.6M
- SoldAVGOBroadcom Inc−100%—
- SoldEPSNEpsilon Energy Ltd−100%—
- SoldMSFTMicrosoft Corp−100%—
Reading Hillman Capital Management’s 13F portfolio
Hillman Capital Management’s $282.6M 13F book is spread across 14 reported positions and is highly concentrated — its ten largest positions alone are 91% of the portfolio. A book this concentrated means a small group of names drives most of its performance. Its five largest positions are MTZ, UNP, VO, VBR and DASH, led by MasTec Inc (MTZ) at 19% of the portfolio. The heaviest sector exposure is Industrials (31%), then Basic Materials (13%).
What Hillman Capital Management changed last quarter
Between 2026-03-31 and Q2 2026, Hillman Capital Management was a net buyer: it opened 3 new positions and added to 3 more, while trimming 2 and closing 3 outright. Against a 14-name book, that is high turnover, pointing to an active reshuffle of the book. Its largest new or increased position was Vanguard Mid-Cap ETF (VO), and its biggest reduction was MasTec Inc (MTZ).
What a 13F does and doesn’t reveal
A 13F captures only Hillman Capital Management’s long positions in US-listed stocks at a single quarter-end, so it is best read as a lagged snapshot rather than a live portfolio. It won’t show shorts, cash, bonds, or holdings listed outside the US, and it never reveals the price paid or the reasoning behind a trade. The signal is in the pattern over time: which names Hillman Capital Management is building up, trimming, or exiting, and how concentrated the book stays from quarter to quarter.
Frequently asked questions
What is an SEC 13F filing?
A Form 13F is a report that every institutional investment manager with at least $100 million in US-listed securities must file with the SEC within 45 days of each quarter's end. It lists the manager's long positions in US-listed stocks and certain options, with the share count and market value of each. Hillman Capital Management's profile on this page is built directly from those filings.
How current is the 13F data on Hillman Capital Management's page?
It reflects Hillman Capital Management's most recently filed 13F, currently the quarter ending Q2 2026. Because managers have up to 45 days after a quarter closes to file, a 13F is always a slightly lagged view rather than a live portfolio. When Hillman Capital Management files its next quarterly report, this page refreshes automatically.
Can I see Hillman Capital Management's complete list of holdings?
This page highlights Hillman Capital Management's largest positions rather than all 14 names in the filing. The complete, position-by-position 13F is public and available from the SEC's EDGAR database under Hillman Capital Management's filings.
Does a 13F show everything Hillman Capital Management owns?
No. A 13F only covers long positions in US-listed stocks and certain options. It leaves out short positions, cash, bonds, commodities, foreign-listed stocks, and private holdings, so it is a partial view of Hillman Capital Management's book rather than its full strategy or total assets.
Is 13F data investment advice?
No. Everything here is educational. 13F positions are disclosed with a delay, cover only long US-listed holdings, and never explain why Hillman Capital Management made a trade or at what price. Treat it as a research lens, not a recommendation, and speak with a licensed financial advisor before making investment decisions.
Not investment advice. Holdings data comes from public SEC Form 13F filings, which are filed with a delay of up to 45 days and may be amended later. It describes historical, disclosed positions in US-listed securities only, meaning no shorts, cash, or foreign holdings, and it is not a recommendation. Always do your own research and speak with a licensed financial advisor before making investment decisions.