Hamlin Capital Management, LLC Long-Term Concentrated

CIK: 0001277403 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 7, 2026

Total Value ($000): $4,170,061 (100.0% shares, 0.0% debt)

Holdings (30)

New Positions (6)

CVS CVS HEALTH CORP 3.9%

Value ($000) $160,844 Shares 2,026,761 Est. Cost $78.67 Unrealized 0.0%

UL UNILEVER PLC 3.6%

Value ($000) $152,007 Shares 2,324,273 Est. Cost $65.40 Unrealized —

UGI UGI CORP NEW 0.5%

Value ($000) $21,969 Shares 586,940 Est. Cost $35.42 Unrealized 0.0%

PAG PENSKE AUTOMOTIVE GRP INC 0.5%

Value ($000) $20,203 Shares 127,633 Est. Cost $164.43 Unrealized 0.0%

MICC MAGNUM ICE CREAM CO NV 0.2%

Value ($000) $8,298 Shares 523,535 Est. Cost $15.68 Unrealized 0.0%

IWD ISHARES TR 0.0%

Value ($000) $1,677 Shares 7,975 Est. Cost $210.34 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CVS	CVS HEALTH CORP	2,026,761	$160,844	3.9%	$78.67	0.0%	COM	126650100
UL	UNILEVER PLC	2,324,273	$152,007	3.6%	$65.40	—	SPON ADR NEW	904767803
UGI	UGI CORP NEW	586,940	$21,969	0.5%	$35.42	0.0%	COM	902681105
PAG	PENSKE AUTOMOTIVE GRP INC	127,633	$20,203	0.5%	$164.43	0.0%	COM	70959W103
MICC	MAGNUM ICE CREAM CO NV	523,535	$8,298	0.2%	$15.68	0.0%	ORD SHS	N5505D105
IWD	ISHARES TR	7,975	$1,677	0.0%	$210.34	—	RUS 1000 VAL ETF	464287598

Increased Positions (3)

PAYX PAYCHEX INC 3.7%

Value ($000) $152,455 (-6.8%) Shares 1,359,025 (+5.3%) Est. Cost $95.67 Unrealized +21.8%

RHP RYMAN HOSPITALITY PPTYS INC 2.3%

Value ($000) $97,434 (+10.1%) Shares 1,029,740 (+4.2%) Est. Cost $99.28 Unrealized —

DKS DICKS SPORTING GOODS INC 3.6%

Value ($000) $150,476 (-4.5%) Shares 760,093 (+7.2%) Est. Cost $215.66 Unrealized +0.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PAYX	PAYCHEX INC	1,359,025 (+5.3%)	$152,455 (-6.8%)	3.7%	$95.67	+21.8%	COM	704326107
RHP	RYMAN HOSPITALITY PPTYS INC	1,029,740 (+4.2%)	$97,434 (+10.1%)	2.3%	$99.28	—	COM	78377T107
DKS	DICKS SPORTING GOODS INC	760,093 (+7.2%)	$150,476 (-4.5%)	3.6%	$215.66	+0.7%	COM	253393102

Exited Positions (2)

— UNILEVER PLC 3.5%

Value ($000) $144,075 Shares 2,430,412 Est. Cost $48.42 Unrealized —

MDLZ MONDELEZ INTL INC 2.6%

Value ($000) $108,613 Shares 1,738,638 Est. Cost $62.07 Unrealized -8.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	UNILEVER PLC	2,430,412	$144,075	3.5%	$48.42	—	—	904767704
MDLZ	MONDELEZ INTL INC	1,738,638	$108,613	2.6%	$62.07	-8.1%	—	609207105

Decreased Positions (19)

TXN TEXAS INSTRS INC 1.8%

Value ($000) $76,457 (-53.3%) Shares 440,701 (-50.5%) Est. Cost $164.86 Unrealized +3.6%

AVGO BROADCOM INC 5.6%

Value ($000) $235,297 (-19.1%) Shares 679,854 (-22.8%) Est. Cost $146.03 Unrealized +144.5%

WSO WATSCO INC 2.7%

Value ($000) $114,671 (-30.1%) Shares 340,322 (-16.1%) Est. Cost $355.97 Unrealized +0.3%

ABBV ABBVIE INC 5.1%

Value ($000) $213,680 (-13.1%) Shares 935,184 (-11.9%) Est. Cost $70.32 Unrealized +223.6%

HD HOME DEPOT INC 3.1%

Value ($000) $129,170 (-20.0%) Shares 375,384 (-5.7%) Est. Cost $271.24 Unrealized +34.4%

CMI CUMMINS INC 5.8%

Value ($000) $242,395 (+9.7%) Shares 474,865 (-9.2%) Est. Cost $180.01 Unrealized +159.0%

PG PROCTER AND GAMBLE CO 3.1%

Value ($000) $131,086 (-11.9%) Shares 914,702 (-5.6%) Est. Cost $111.42 Unrealized +32.1%

SNA SNAP ON INC 3.9%

Value ($000) $163,816 (-8.3%) Shares 475,379 (-7.8%) Est. Cost $158.76 Unrealized +114.5%

SPG SIMON PPTY GROUP INC NEW 4.0%

Value ($000) $167,538 (-8.0%) Shares 905,071 (-6.7%) Est. Cost $166.20 Unrealized +8.3%

PEG PUBLIC SVC ENTERPRISE GRP IN 4.4%

Value ($000) $183,659 (-7.3%) Shares 2,287,165 (-3.6%) Est. Cost $50.35 Unrealized +61.0%

DRI DARDEN RESTAURANTS INC 3.8%

Value ($000) $158,085 (-8.1%) Shares 859,062 (-4.9%) Est. Cost $160.48 Unrealized +13.5%

CME CME GROUP INC 4.8%

Value ($000) $199,379 (-6.5%) Shares 730,113 (-7.5%) Est. Cost $160.74 Unrealized +68.4%

JNJ JOHNSON & JOHNSON 4.1%

Value ($000) $173,030 (+7.8%) Shares 836,098 (-3.4%) Est. Cost $136.56 Unrealized +44.3%

PM PHILIP MORRIS INTL INC 2.8%

Value ($000) $117,800 (-7.8%) Shares 734,414 (-6.8%) Est. Cost $165.18 Unrealized -7.0%

COP CONOCOPHILLIPS 3.2%

Value ($000) $134,737 (-6.3%) Shares 1,439,343 (-5.3%) Est. Cost $57.53 Unrealized +56.5%

ARES ARES MANAGEMENT CORPORATION 3.9%

Value ($000) $162,508 (-4.9%) Shares 1,005,430 (-6.0%) Est. Cost $55.14 Unrealized +181.0%

MS MORGAN STANLEY 5.9%

Value ($000) $247,895 (+3.0%) Shares 1,396,357 (-7.7%) Est. Cost $80.93 Unrealized +105.7%

LAMR LAMAR ADVERTISING CO NEW 4.2%

Value ($000) $176,220 (+1.0%) Shares 1,392,167 (-2.3%) Est. Cost $78.30 Unrealized —

ORI OLD REP INTL CORP 5.2%

Value ($000) $218,424 (-0.8%) Shares 4,785,799 (-7.7%) Est. Cost $13.78 Unrealized +196.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TXN	TEXAS INSTRS INC	440,701 (-50.5%)	$76,457 (-53.3%)	1.8%	$164.86	+3.6%	COM	882508104
AVGO	BROADCOM INC	679,854 (-22.8%)	$235,297 (-19.1%)	5.6%	$146.03	+144.5%	COM	11135F101
WSO	WATSCO INC	340,322 (-16.1%)	$114,671 (-30.1%)	2.7%	$355.97	+0.3%	COM	942622200
ABBV	ABBVIE INC	935,184 (-11.9%)	$213,680 (-13.1%)	5.1%	$70.32	+223.6%	COM	00287Y109
HD	HOME DEPOT INC	375,384 (-5.7%)	$129,170 (-20.0%)	3.1%	$271.24	+34.4%	COM	437076102
CMI	CUMMINS INC	474,865 (-9.2%)	$242,395 (+9.7%)	5.8%	$180.01	+159.0%	COM	231021106
PG	PROCTER AND GAMBLE CO	914,702 (-5.6%)	$131,086 (-11.9%)	3.1%	$111.42	+32.1%	COM	742718109
SNA	SNAP ON INC	475,379 (-7.8%)	$163,816 (-8.3%)	3.9%	$158.76	+114.5%	COM	833034101
SPG	SIMON PPTY GROUP INC NEW	905,071 (-6.7%)	$167,538 (-8.0%)	4.0%	$166.20	+8.3%	COM	828806109
PEG	PUBLIC SVC ENTERPRISE GRP IN	2,287,165 (-3.6%)	$183,659 (-7.3%)	4.4%	$50.35	+61.0%	COM	744573106
DRI	DARDEN RESTAURANTS INC	859,062 (-4.9%)	$158,085 (-8.1%)	3.8%	$160.48	+13.5%	COM	237194105
CME	CME GROUP INC	730,113 (-7.5%)	$199,379 (-6.5%)	4.8%	$160.74	+68.4%	COM	12572Q105
JNJ	JOHNSON & JOHNSON	836,098 (-3.4%)	$173,030 (+7.8%)	4.1%	$136.56	+44.3%	COM	478160104
PM	PHILIP MORRIS INTL INC	734,414 (-6.8%)	$117,800 (-7.8%)	2.8%	$165.18	-7.0%	COM	718172109
COP	CONOCOPHILLIPS	1,439,343 (-5.3%)	$134,737 (-6.3%)	3.2%	$57.53	+56.5%	COM	20825C104
ARES	ARES MANAGEMENT CORPORATION	1,005,430 (-6.0%)	$162,508 (-4.9%)	3.9%	$55.14	+181.0%	CL A COM STK	03990B101
MS	MORGAN STANLEY	1,396,357 (-7.7%)	$247,895 (+3.0%)	5.9%	$80.93	+105.7%	COM NEW	617446448
LAMR	LAMAR ADVERTISING CO NEW	1,392,167 (-2.3%)	$176,220 (+1.0%)	4.2%	$78.30	—	CL A	512816109
ORI	OLD REP INTL CORP	4,785,799 (-7.7%)	$218,424 (-0.8%)	5.2%	$13.78	+196.2%	COM	680223104

Unchanged Positions (2)

EPD ENTERPRISE PRODS PARTNERS L 3.8%

Value ($000) $157,815 Shares 4,922,486 Est. Cost $24.07 Unrealized —

IEF ISHARES TR 0.0%

Value ($000) $1,034 Shares 10,756 Est. Cost $96.46 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EPD	ENTERPRISE PRODS PARTNERS L	4,922,486	$157,815	3.8%	$24.07	—	COM	293792107
IEF	ISHARES TR	10,756	$1,034	0.0%	$96.46	—	7-10 YR TRSY BD	464287440