Watchman Group, Inc.
Reported holdings as of Q2 2026, from 27 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| SIMPLIFY EXCHANGE TRADED FUN | MTBA | $44.3M | 902,254 | -0.61pp | 10q | +2.8%+$1.2M | |
| DIMENSIONAL ETF TRUST | DFAC | $40.7M | 916,418 | +0.56pp | 12q | +1.1%+$445.0K | |
| T ROWE PRICE EXCHANGE-TRADED | TMSL | $35.7M | 813,692 | +0.78pp | 11q | HELD | |
| ETF OPPORTUNITIES TRUST | VSLU | $34.6M | 748,065 | +0.46pp | 8q | +4.0%+$1.3M | |
| DIMENSIONAL ETF TRUST | DFAT | $30.2M | 431,658 | +0.24pp | 20q | HELD | |
| ISHARES TR | TLH | $27.6M | 275,011 | -0.44pp | 5q | +1.5%+$398.8K | |
| FIDELITY MERRIMACK STR TR | FBND | $21.0M | 460,856 | -0.20pp | 12q | +4.2%+$837.6K | |
| DIMENSIONAL ETF TRUST | DFIC | $16.1M | 433,264 | -0.11pp | 8q | HELD | |
| DIMENSIONAL ETF TRUST | DFEM | $12.0M | 295,106 | -0.08pp | 16q | -10.6%-$1.4M | |
| AMERICAN CENTY ETF TR | AVDE | $10.2M | 114,677 | +0.09pp | 3q | +7.2%+$687.6K | |
| EA SERIES TRUST | FRDM | $9.1M | 125,414 | -0.22pp | 12q | -26.7%-$3.3M | |
| ALPHABET INC | GOOG | $8.9M | 25,329 | +0.21pp | 27q | -1.6%-$143.5K | |
| ISHARES TR | SGOV | $7.9M | 78,114 | +0.13pp | 12q | +16.9%+$1.1M | |
| AMPHENOL CORP | APH | $7.8M | 44,073 | +0.35pp | 27q | -2.8%-$225.7K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $7.5M | 15,058 | -0.05pp | 15q | +0.9%+$64.0K | |
| ALPHABET INC | GOOGL | $6.9M | 19,319 | +0.17pp | 27q | -2.2%-$151.9K | |
| TESLA INC | TSLA | $6.7M | 16,045 | +0.06pp | 25q | HELD | |
| VISA INC | V | $5.1M | 14,968 | +0.08pp | 27q | +2.3%+$117.7K | |
| MICROSOFT CORP | MSFT | $5.1M | 13,547 | -0.08pp | 27q | HELD | |
| WABTEC | WAB | $5.0M | 18,552 | -0.08pp | 13q | -6.7%-$360.2K | |
| AMAZON COM INC | AMZN | $4.8M | 20,308 | +0.08pp | 14q | +1.8%+$85.3K | |
| CAVCO INDS INC DEL | CVCO | $4.8M | 7,788 | +0.17pp | 12q | +1.4%+$66.4K | |
| CARLISLE COS INC | CSL | $4.8M | 13,114 | flat | 27q | HELD | |
| STRYKER CORPORATION | SYK | $4.7M | 15,027 | -0.15pp | 27q | -0.9%-$41.2K | |
| D R HORTON INC | DHI | $4.4M | 27,110 | +0.09pp | 27q | HELD | |
| MARKEL GROUP INC | MKL | $4.3M | 2,216 | -0.06pp | 14q | HELD | |
| PACCAR INC | PCAR | $4.3M | 35,820 | -0.05pp | 27q | -0.8%-$35.8K | |
| GENERAL DYNAMICS CORP | GD | $4.2M | 11,986 | -0.14pp | 18q | -8.2%-$381.5K | |
| TEXAS PACIFIC LAND CORPORATI | TPL | $4.2M | 9,634 | -0.15pp | 8q | +1.5%+$61.3K | |
| CAVA GROUP INC | CAVA | $4.0M | 51,413 | -0.16pp | 3q | -4.9%-$207.7K | |
| NXP SEMICONDUCTORS N V | NXPI | $4.0M | 14,089 | +0.14pp | 14q | -9.7%-$423.0K | |
| UFP INDUSTRIES INC | UFPI | $3.7M | 40,846 | -0.02pp | 25q | +7.6%+$263.3K | |
| CUMMINS INC | CMI | $3.6M | 5,092 | +0.12pp | 11q | -4.2%-$159.0K | |
| UBER TECHNOLOGIES INC | UBER | $3.6M | 49,490 | -0.06pp | 6q | HELD | |
| AGILENT TECHNOLOGIES INC | A | $3.5M | 26,562 | +0.07pp | 4q | +2.7%+$91.3K | |
| FIRST FINL BANKSHARES INC | FFIN | $3.3M | 95,256 | +0.06pp | 4q | HELD | |
| LOWES COS INC | LOW | $3.2M | 14,644 | -0.12pp | 27q | -1.0%-$33.1K | |
| SERVISFIRST BANCSHARES INC | SFBS | $3.0M | 34,939 | +0.10pp | 4q | +6.1%+$173.3K | |
| SSGA ACTIVE TR | EMTL | $2.9M | 67,996 | -0.04pp | 12q | +2.2%+$62.9K | |
| SERVICENOW INC | NOW | $2.9M | 28,809 | - | new | NEW | |
| ISHARES TR | IUSG | $2.8M | 15,069 | +0.06pp | 12q | -1.5%-$44.6K | |
| ACCENTURE PLC IRELAND | ACN | $2.8M | 22,684 | -0.09pp | 27q | +50.2%+$943.4K | |
| META PLATFORMS INC | META | $2.4M | 4,293 | -0.16pp | 6q | -15.7%-$449.5K | |
| NVR INC | NVR | $1.9M | 274 | -0.18pp | 25q | -26.9%-$688.2K | |
| INTUIT | INTU | $1.8M | 6,924 | -0.35pp | 27q | -4.1%-$77.3K | |
| ISHARES TR | IJK | $1.5M | 12,426 | +0.02pp | 15q | -0.9%-$13.0K | |
| WISDOMTREE TR | USFR | $1.2M | 23,339 | -0.08pp | 8q | -16.1%-$225.9K | |
| ISHARES TR | IJH | $1.1M | 14,664 | -0.24pp | 16q | -51.4%-$1.2M | |
| VANGUARD INDEX FDS | VOO | $940.9K | 1,370 | +0.01pp | 11q | -1.5%-$14.4K | |
| WALMART INC | WMT | $892.9K | 7,883 | -0.04pp | 19q | HELD | |
| APPLE INC | AAPL | $702.6K | 2,428 | flat | 27q | -2.6%-$18.5K | |
| STATE STR SPDR DOW JONES IND | DIA | $653.0K | 1,250 | +0.01pp | 5q | HELD | |
| CISCO SYS INC | CSCO | $617.1K | 5,254 | +0.04pp | 19q | +2.9%+$17.5K | |
| RAVE RESTAURANT GROUP INC | RAVE | $597.8K | 182,800 | +0.02pp | 27q | HELD | |
| ISHARES TR | IHI | $562.3K | 11,380 | -0.02pp | 27q | HELD | |
| VANGUARD TAX-MANAGED FDS | VEA | $531.4K | 7,458 | flat | 16q | HELD | |
| AFLAC INC | AFL | $514.1K | 4,385 | flat | 27q | HELD | |
| JOHNSON & JOHNSON | JNJ | $499.8K | 1,968 | flat | 27q | +1.5%+$7.6K | |
| ISHARES TR | IVV | $489.0K | 653 | +0.01pp | 5q | HELD | |
| VERISK ANALYTICS INC | VRSK | $386.9K | 2,155 | -0.01pp | 27q | HELD | |
| NVIDIA CORPORATION | NVDA | $379.5K | 1,897 | flat | 7q | -0.7%-$2.6K | |
| SIMPLIFY EXCHANGE TRADED FUN | CTA | $378.4K | 14,589 | - | new | NEW | |
| COCA COLA CO | KO | $329.7K | 4,056 | -0.01pp | 19q | -5.8%-$20.5K | |
| ISHARES TR | IWD | $329.0K | 1,357 | flat | 26q | -2.9%-$9.7K | |
| EXXON MOBIL CORP | XOMXXXX | $313.5K | 2,293 | -0.02pp | 18q | HELD | |
| VANGUARD BD INDEX FDS | BSV | $296.2K | 3,802 | flat | 18q | +7.6%+$21.0K | |
| YUM BRANDS INC | YUM | $283.9K | 1,776 | flat | 27q | +1.1%+$3.2K | |
| ISHARES BITCOIN TRUST ETF | IBIT | $247.2K | 7,427 | - | new | NEW | |
| ISHARES TR | EFG | $246.7K | 1,983 | flat | 12q | -3.1%-$8.0K | |
| BNY MELLON ETF TRUST | BKLC | $237.0K | 1,653 | - | new | NEW | |
| MCDONALDS CORP | MCD | $236.6K | 875 | -0.01pp | 24q | +2.2%+$5.1K | |
| ISHARES TR | IUSV | $235.5K | 2,138 | flat | 15q | HELD | |
| INVESCO QQQ TR | QQQ | $212.0K | 288 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $28.4M | 6.3% |
| Autos & Aerospace | $20.3M | 4.5% |
| Construction & Building | $14.8M | 3.3% |
| Retail & Consumer | $13.5M | 3.0% |
| Insurance | $12.4M | 2.8% |
| Semiconductors & Electronics | $12.1M | 2.7% |
| Business Services | $11.5M | 2.6% |
| Other sectors | $31.1M | 6.9% |
| Not classified | $303.4M | 67.8% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $447.4M | 73 | 5 | 22 | 26 | 5 | 60.9% | 27 |
| Q1 2026 | $413.2M | 73 | 0 | 23 | 29 | 4 | 60.2% | 20 |
| Q4 2025 | $418.9M | 77 | 4 | 20 | 34 | 5 | 58.2% | 37 |
| Q3 2025 | $413.1M | 78 | 4 | 21 | 36 | 3 | 56.1% | 44 |
| Q2 2025 | $383.6M | 77 | 5 | 23 | 19 | 8 | 56.6% | 43 |
| Q1 2025 | $356.8M | 80 | 5 | 12 | 50 | 9 | 53.5% | 43 |
| Q4 2024 | $380.8M | 84 | 3 | 13 | 51 | 0 | 53.1% | 43 |
| Q3 2024 | $383.6M | 81 | 7 | 24 | 32 | 5 | 51.6% | 43 |
| Q2 2024 | $313.2M | 79 | 5 | 26 | 26 | 9 | 47.8% | 45 |
| Q1 2024 | $330.9M | 83 | 7 | 26 | 31 | 2 | 46.7% | 39 |
| Q4 2023 | $303.4M | 78 | 9 | 26 | 21 | 3 | 46.8% | 44 |
| Q3 2023 | $235.4M | 72 | 12 | 17 | 19 | 5 | 45.7% | 40 |
| Q2 2023 | $201.8M | 65 | 5 | 22 | 29 | 6 | 45.7% | 41 |
| Q1 2023 | $191.7M | 66 | 6 | 23 | 16 | 7 | 44.3% | 41 |
| Q4 2022 | $181.1M | 67 | 11 | 29 | 13 | 12 | 43.3% | 40 |
| Q3 2022 | $159.0M | 68 | 7 | 24 | 20 | 7 | 44.4% | 46 |
| Q2 2022 | $162.2M | 68 | 7 | 30 | 13 | 12 | 40.0% | 42 |
| Q1 2022 | $168.6M | 73 | 8 | 43 | 12 | 14 | 31.9% | 46 |
| Q4 2021 | $190.8M | 79 | 12 | 29 | 26 | 3 | 28.8% | 42 |
| Q3 2021 | $155.2M | 70 | 4 | 14 | 43 | 7 | 28.9% | 40 |
| Q2 2021 | $171.3M | 73 | 1 | 25 | 32 | 4 | 28.2% | 36 |
| Q1 2021 | $162.2M | 76 | 5 | 14 | 35 | 3 | 26.5% | 35 |
| Q4 2020 | $150.7M | 74 | 4 | 6 | 53 | 5 | 26.1% | 32 |
| Q3 2020 | $135.4M | 75 | 5 | 21 | 35 | 8 | 27.5% | 34 |
| Q2 2020 | $120.4M | 78 | 12 | 10 | 38 | 7 | 27.9% | 7 |
| Q1 2020 | $97.1M | 73 | 9 | 19 | 34 | 15 | 30.6% | 28 |
| Q4 2019 | $134.3M | 79 | 0 | 0 | 0 | 0 | 27.5% | 43 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.