Mark A. Hillman - Hillman Value Fund Portfolio Balances (Sep 30, 2025)

As of Sep 30, 2025, the Hillman Value Fund portfolio balances reported a total equity value of $171.85M across 53 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated Nov 14, 2025, providing an updated snapshot of assets under management.

The portfolio balances highlight ASML HOLDING N V (ASML) as the single largest position, accounting for 3.8% of total equity value, followed by WARNER BROS DISCOVERY INC (WBD), LAUDER ESTEE COS INC (EL), CVS HEALTH CORP (CVS), and others. Collectively, the top five holdings represent 18.4% of the portfolio, showing how capital is distributed among core positions and long-term investments.