Watchman Group, Inc.
Long book
$413.2M
Q1 2026
Positions
73
Top-10 weight
60%
concentration
Last quarter
+9.9%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsWatchman Group, Inc. is a wealth-management firm allocating client money, running a $413.2M US long book across 73 positions.
The portfolio is concentrated: the top 10 names carry 60% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SIMPLIFY MBS ETF, DIMENSIONAL US CORE EQUITY 2, APPLIED FINANCE VALUAT ETF, T.ROWE PRC SMALL-MID CAP ETF, ISHARES 10-20 YEAR TREASURY.
Over the last 9 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-0.0%
Q2 2024
+6.2%
Q3 2024
-0.2%
Q4 2024
-3.0%
Q1 2025
+7.4%
Q2 2025
+6.5%
Q3 2025
+2.2%
Q4 2025
-1.6%
Q1 2026
+9.9%
Sector allocation
Technology 28%
Industrials 21%
Financials 16%
Consumer discretionary 11%
Other 9%
Services media 8%
Healthcare 6%
Energy 0%
Long book by quarter
What does Watchman Group, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOG ALPHABET INC-CL C | Technology | 25.7K | $7.4M | 1.8% | +1.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 14.9K | $7.2M | 1.7% | 0.0% |
| TSLA TESLA INC | Industrials | 16.1K | $6.0M | 1.4% | +0.2% |
| APH AMPHENOL CORP-CL A | Technology | 45.4K | $5.7M | 1.4% | -9.9% |
| GOOGL ALPHABET INC-CL A | Technology | 19.7K | $5.7M | 1.4% | -1.3% |
| MSFT MICROSOFT CORP | Technology | 13.5K | $5.0M | 1.2% | +3.5% |
| SYK STRYKER CORP | Healthcare | 15.2K | $5.0M | 1.2% | +0.5% |
| WAB WABTEC CORP | Industrials | 19.9K | $5.0M | 1.2% | -5.3% |
| TPL TEXAS PACIFIC LAND CORP | Financials | 9.5K | $4.5M | 1.1% | +10.6% |
| GD GENERAL DYNAMICS CORP | Industrials | 13.1K | $4.5M | 1.1% | -5.5% |
| V VISA INC-CLASS A SHARES | Services media | 14.6K | $4.4M | 1.1% | +0.8% |
| CSL CARLISLE COS INC | Other | 13.1K | $4.4M | 1.1% | -0.4% |
| CAVA CAVA GROUP INC | Consumer discretionary | 54.1K | $4.4M | 1.1% | +0.7% |
| MKL MARKEL GROUP INC | Financials | 2.2K | $4.2M | 1.0% | -2.9% |
| PCAR PACCAR INC | Industrials | 36.1K | $4.2M | 1.0% | -5.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 19.9K | $4.2M | 1.0% | +0.8% |
| DHI DR HORTON INC | Industrials | 27.1K | $3.7M | 0.9% | -0.1% |
| CVCO CAVCO INDUSTRIES INC | Other | 7.7K | $3.7M | 0.9% | -0.5% |
| UBER UBER TECHNOLOGIES INC | Services media | 49.4K | $3.6M | 0.9% | +8.7% |
| LOW LOWE'S COS INC | Consumer discretionary | 14.8K | $3.5M | 0.8% | -4.5% |
| UFPI UFP INDUSTRIES INC | Other | 37.9K | $3.5M | 0.8% | +5.9% |
| INTU INTUIT INC | Technology | 7.2K | $3.1M | 0.8% | +7.4% |
| NXPI NXP SEMICONDUCTORS NV | Technology | 15.6K | $3.1M | 0.7% | +9.9% |
| ACN ACCENTURE PLC-CL A | Services media | 15.1K | $3.0M | 0.7% | +4.4% |
| A AGILENT TECHNOLOGIES INC | Healthcare | 25.9K | $2.9M | 0.7% | -2.3% |
| META META PLATFORMS INC-CLASS A | Technology | 5.1K | $2.9M | 0.7% | +0.3% |
| AMD ADVANCED MICRO DEVICES | Technology | 14.1K | $2.9M | 0.7% | -1.5% |
| CMI CUMMINS INC | Industrials | 5.3K | $2.9M | 0.7% | -42.0% |
| FFIN FIRST FINL BANKSHARES INC | Financials | 95.5K | $2.8M | 0.7% | -2.5% |
| NVR NVR INC | Industrials | 375 | $2.5M | 0.6% | -3.1% |
| SFBS SERVISFIRST BANCSHARES INC | Financials | 32.9K | $2.4M | 0.6% | -2.9% |
| WMT WALMART INC | Consumer discretionary | 7.9K | $980K | 0.2% | +0.4% |
| AAPL APPLE INC | Technology | 2.5K | $632K | 0.2% | +1.0% |
| RAVE RAVE RESTAURANT GROUP INC | Consumer discretionary | 182.8K | $484K | 0.1% | Held |
| AFL AFLAC INC | Financials | 4.4K | $481K | 0.1% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.9K | $474K | 0.1% | +0.9% |
| VRSK VERISK ANALYTICS INC | Technology | 2.2K | $409K | 0.1% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 5.1K | $396K | 0.1% | +1.0% |
| XOM EXXON MOBIL CORP | Energy | 2.3K | $389K | 0.1% | -1.9% |
| NVDA NVIDIA CORP | Technology | 1.9K | $333K | 0.1% | +7.0% |
| KO COCA-COLA CO/THE | Consumer staples | 4.3K | $328K | 0.1% | Held |
| YUM YUM! BRANDS INC | Consumer discretionary | 1.8K | $273K | 0.1% | -15.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 856 | $266K | 0.1% | +0.5% |
| HD HOME DEPOT INC | Consumer discretionary | 680 | $224K | 0.1% | -2.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 73 | $413.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 77 | $418.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 79 | $413.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 77 | $383.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 80 | $356.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 84 | $380.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 81 | $383.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 79 | $313.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 83 | $330.9M | canonical | SEC ↗ |