Watchman Group, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Watchman Group, Inc. reported 79 stock positions worth $313.2 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 9.1% of the portfolio, followed by iShares 1-3 Year Treasury Bo (SHY, 8.8%) and Simplify MBS ETF (MTBA, 8.3%). Compared with Q1 2024, it opened 5 new positions, sold out of 9, added to 34 and reduced 32. The biggest buy was iShares 1-3 Year Treasury Bo (SHY, shares +1882%) and the biggest sale Invesco Short Term Treasury (TBLL, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- PLANO, TX
- CIK
- 0001748726
- Portfolio Value
- $313.2M (Q2 2024)
- SEC Filing
- 0001748726-24-000003 ↗ filed Aug 14, 2024
Holdings Value
Holdings 79 stocks · $313.2M
| DFAC Dimensional US Core Equity 2 | 9.06% | 879,979 | $28.4M | Add +1.4% |
| SHY iShares 1-3 Year Treasury Bo | 8.76% | 335,896 | $27.4M | Add +1882.2% |
| MTBA Simplify MBS ETF | 8.28% | 515,049 | $25.9M | Add +2132.7% |
| DFAT Dimensional US Target Value | 7.58% | 457,985 | $23.8M | Add +0.9% |
| DFEM Dimensional Emrg MRKT Core | 3.05% | 357,839 | $9.6M | Add +1.7% |
| FBND Fidelity Total Bond ETF | 2.49% | 173,745 | $7.8M | Add +4.4% |
| FRDM Freedom 100 Emeging MRKT ETF | 2.25% | 199,361 | $7.0M | Add +2.2% |
| MSFT Microsoft Corp. | 2.24% | 15,689 | $7.0M | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.17% | 16,737 | $6.8M | Add +0.3% |
| SYK Stryker Corp. | 1.87% | 17,226 | $5.9M | Add +0.2% |
| INTU Intuit Inc. | 1.71% | 8,165 | $5.4M | Reduce -0.5% |
| BSV Vanguard Short-Term Bond ETF | 1.62% | 66,112 | $5.1M | Reduce -81.3% |
| GOOG Alphabet Inc. Class C | 1.62% | 27,640 | $5.1M | Add +0.6% |
| LOW Lowe's Cos Inc. | 1.60% | 22,769 | $5.0M | Add +0.5% |
| CASY Casey's General Stores Inc. | 1.58% | 12,938 | $4.9M | Reduce -3.3% |
| SGOV iShares 0-3 Month Treasury B | 1.55% | 48,333 | $4.9M | Add +2.2% |
| APH Amphenol Corp. Class A | 1.52% | 70,692 | $4.8M | Reduce -1.7% |
| GD General Dynamics Corp. | 1.52% | 16,363 | $4.7M | Reduce -2.2% |
| V Visa Inc. Class A | 1.48% | 17,637 | $4.6M | Add +0.1% |
| IJH iShares Core S&P Midcap ETF | 1.46% | 78,075 | $4.6M | Reduce -1.0% |
| UFPI Ufp Industries Inc. | 1.46% | 40,710 | $4.6M | Reduce -0.7% |
| SCHW Schwab (charles) Corp. | 1.46% | 61,868 | $4.6M | Add +0.7% |
| PCAR Paccar Inc. | 1.42% | 43,285 | $4.5M | Reduce -3.4% |
| WAB Wabtec Corp. | 1.41% | 27,993 | $4.4M | Reduce -2.2% |
| CSL Carlisle Cos Inc. | 1.41% | 10,909 | $4.4M | Reduce -0.4% |
| NXPI NXP Semiconductors NV | 1.38% | 16,084 | $4.3M | Reduce -0.2% |
| ACN Accenture PLC Class A | 1.34% | 13,798 | $4.2M | Add +2.1% |
| GOOGL Alphabet Inc. Class A | 1.32% | 22,736 | $4.1M | Reduce -0.9% |
| MKL Markel Group Inc. | 1.26% | 2,496 | $3.9M | Add +0.8% |
| DHI D.R. Horton Inc. | 1.24% | 27,535 | $3.9M | Add +0.4% |
| CMI Cummins Inc. | 1.23% | 13,967 | $3.9M | Add +0.5% |
| IUSG iShares Core S&P U.S. Growth | 1.22% | 29,958 | $3.8M | Reduce -5.3% |
| MCHP Microchip Technology Inc. | 1.17% | 40,074 | $3.7M | Add +0.4% |
| ITT Itt Inc. | 1.16% | 28,193 | $3.6M | Reduce -0.5% |
| TSLA Tesla Inc. | 1.16% | 18,307 | $3.6M | Add +4.7% |
| GNRC Generac Holdings Inc. | 1.13% | 26,840 | $3.5M | Add +0.4% |
| CVCO Cavco Industries Inc. | 1.08% | 9,785 | $3.4M | Add +0.7% |
| PEP Pepsico Inc. | 1.07% | 20,441 | $3.4M | Add +0.5% |
| NVR NVR Inc. | 1.07% | 440 | $3.3M | Add +0.9% |
| IJR iShares Core S&P Small-Cap E | 1.02% | 30,016 | $3.2M | Reduce -3.7% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.97% | 34,440 | $3.0M | Add +10.3% |
| PG The Procter & Gamble Co. | 0.92% | 17,482 | $2.9M | Add +0.3% |
| LOB Live Oak Bancshares Inc. | 0.92% | 82,027 | $2.9M | New |
| CFR Cullen/Frost Bankers Inc. | 0.90% | 27,847 | $2.8M | New |
| TEX Terex Corp. | 0.84% | 48,245 | $2.6M | Reduce -2.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.82% | 51,012 | $2.6M | Reduce -23.9% |
| OZK Bank Ozk | 0.76% | 57,876 | $2.4M | New |
| SSGA ACTIVE TR | 0.58% | 43,220 | $1.8M | Reduce -0.1% |
| TBLL Invesco Short Term Treasury | 0.35% | 10,258 | $1.1M | Reduce -96.0% |
| TMSL T.rowe PRC Small-Mid Cap ETF | 0.31% | 32,140 | $971K | Add +31.9% |
| VTES Vanguard SH Term Tax-Ex Bond | 0.28% | 8,731 | $874K | Add +8.8% |
| IUSV iShares Core S&P U.S. Value | 0.28% | 9,845 | $868K | Reduce -9.5% |
| VOO Vanguard S&P 500 ETF | 0.25% | 1,583 | $792K | Add +0.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.25% | 7,632 | $781K | Add +0.5% |
| AAPL Apple Inc. | 0.24% | 3,634 | $765K | Reduce -2.2% |
| IHI iShares U.S. Medical Devices | 0.22% | 12,180 | $683K | No change |
| WMT Walmart Inc. | 0.20% | 9,376 | $635K | Reduce -0.6% |
| SMMU PIMCO SHRT TRM Muni BND ETF | 0.20% | 12,503 | $624K | No change |
| VRSK Verisk Analytics Inc. | 0.20% | 2,310 | $623K | Reduce -0.9% |
| YUM Yum! Brands Inc. | 0.16% | 3,769 | $499K | Reduce -21.0% |
| REI Ring Energy Inc. | 0.14% | 265,000 | $448K | Add +657.1% |
| JNJ Johnson & Johnson | 0.13% | 2,821 | $412K | Reduce -29.0% |
| AFL Aflac Inc. | 0.13% | 4,428 | $395K | Add +1.2% |
| MRK Merck & Co. Inc. | 0.13% | 3,180 | $394K | Reduce -88.0% |
| AMZN Amazon.com Inc. | 0.12% | 2,020 | $390K | Reduce -6.3% |
| VEA Vanguard Ftse Developed ETF | 0.12% | 7,472 | $369K | No change |
| IWD iShares Russell 1000 Value E | 0.11% | 1,988 | $347K | Reduce -9.8% |
| HD Home Depot Inc. | 0.11% | 966 | $333K | Reduce -1.2% |
| RAVE Rave Restaurant Group Inc. | 0.10% | 164,000 | $325K | No change |
| CSCO Cisco Systems Inc. | 0.10% | 6,645 | $316K | Reduce -10.1% |
| XOM Exxon Mobil Corp. | 0.09% | 2,572 | $296K | Reduce -2.6% |
| VIG Vanguard Dividend Apprec ETF | 0.09% | 1,610 | $294K | No change |
| MCD McDonald's Corp. | 0.09% | 1,106 | $282K | Reduce -17.8% |
| KO The Coca-Cola Co. | 0.09% | 4,252 | $271K | Add +4.8% |
| FORR Forrester Research Inc. | 0.08% | 14,538 | $248K | New |
| AGG iShares Core U.S. Aggregate | 0.08% | 2,448 | $238K | No change |
| EPD Enterprise Products Partners | 0.07% | 7,925 | $230K | No change |
| BTCO Invsco GLXY BTCN ETF | 0.07% | 3,800 | $227K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 774 | $207K | New |
Portfolio Sells Q1 2024 → Q2 2024
| TBLL Invesco Short Term Treasury | Reduce -96.0% | 0.35% | −7.87 |
| BSV Vanguard Short-Term Bond ETF | Reduce -81.3% | 1.62% | −6.59 |
| DFIC Dimensional International Co. | Sold out | 0.00% | −3.31 |
| VSLU Applied Finance Valuat ETF | Sold out | 0.00% | −1.93 |
| LKQ LKQ Corp. | Sold out | 0.00% | −1.15 |
| MRK Merck & Co. Inc. | Reduce -88.0% | 0.13% | −0.93 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.84 |
| PCAR Paccar Inc. | Reduce -3.4% | 1.42% | −0.25 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -23.9% | 0.82% | −0.21 |
| TEX Terex Corp. | Reduce -2.6% | 0.84% | −0.12 |
| AVDX Avidxchange Holdings Inc. | Sold out | 0.00% | −0.10 |
| INTC Intel Corp. | Sold out | 0.00% | −0.08 |
| UFPI Ufp Industries Inc. | Reduce -0.7% | 1.46% | −0.07 |
| BKLC BNY Mellon US LRG Cap Cor | Sold out | 0.00% | −0.06 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.06 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.06 |
| JNJ Johnson & Johnson | Reduce -29.0% | 0.13% | −0.06 |
| YUM Yum! Brands Inc. | Reduce -21.0% | 0.16% | −0.04 |
| MCD McDonald's Corp. | Reduce -17.8% | 0.09% | −0.02 |
| IUSV iShares Core S&P U.S. Value | Reduce -9.5% | 0.28% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.7% | 1.02% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -10.1% | 0.10% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -9.8% | 0.11% | −0.01 |
| HD Home Depot Inc. | Reduce -1.2% | 0.11% | −0.01 |
| ITT Itt Inc. | Reduce -0.5% | 1.16% | −0.00 |
| XOM Exxon Mobil Corp. | Reduce -2.6% | 0.09% | +0.00 |
| AMZN Amazon.com Inc. | Reduce -6.3% | 0.12% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.0% | 1.46% | +0.01 |
| WMT Walmart Inc. | Reduce -0.6% | 0.20% | +0.03 |
| SSGA ACTIVE TR | Reduce -0.1% | 0.58% | +0.03 |
| VRSK Verisk Analytics Inc. | Reduce -0.9% | 0.20% | +0.03 |
| AAPL Apple Inc. | Reduce -2.2% | 0.24% | +0.05 |
| GD General Dynamics Corp. | Reduce -2.2% | 1.52% | +0.09 |
| IUSG iShares Core S&P U.S. Growth | Reduce -5.3% | 1.22% | +0.10 |
| INTU Intuit Inc. | Reduce -0.5% | 1.71% | +0.10 |
| CSL Carlisle Cos Inc. | Reduce -0.4% | 1.41% | +0.11 |
| WAB Wabtec Corp. | Reduce -2.2% | 1.41% | +0.15 |
| NXPI NXP Semiconductors NV | Reduce -0.2% | 1.38% | +0.18 |
| APH Amphenol Corp. Class A | Reduce -1.7% | 1.52% | +0.27 |
| GOOGL Alphabet Inc. Class A | Reduce -0.9% | 1.32% | +0.28 |
| CASY Casey's General Stores Inc. | Reduce -3.3% | 1.58% | +0.29 |
Portfolio Buys Q1 2024 → Q2 2024
| SHY iShares 1-3 Year Treasury Bo | Add +1882.2% | 8.76% | +8.34 |
| MTBA Simplify MBS ETF | Add +2132.7% | 8.28% | +7.93 |
| LOB Live Oak Bancshares Inc. | New | 0.92% | +0.92 |
| CFR Cullen/Frost Bankers Inc. | New | 0.90% | +0.90 |
| OZK Bank Ozk | New | 0.76% | +0.76 |
| DFAC Dimensional US Core Equity 2 | Add +1.4% | 9.06% | +0.68 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 1.62% | +0.35 |
| DFEM Dimensional Emrg MRKT Core | Add +1.7% | 3.05% | +0.34 |
| MSFT Microsoft Corp. | Add +1.3% | 2.24% | +0.27 |
| FRDM Freedom 100 Emeging MRKT ETF | Add +2.2% | 2.25% | +0.26 |
| TSLA Tesla Inc. | Add +4.7% | 1.16% | +0.23 |
| FBND Fidelity Total Bond ETF | Add +4.4% | 2.49% | +0.21 |
| REI Ring Energy Inc. | Add +657.1% | 0.14% | +0.12 |
| MKL Markel Group Inc. | Add +0.8% | 1.26% | +0.12 |
| DFAT Dimensional US Target Value | Add +0.9% | 7.58% | +0.12 |
| SGOV iShares 0-3 Month Treasury B | Add +2.2% | 1.55% | +0.12 |
| GNRC Generac Holdings Inc. | Add +0.4% | 1.13% | +0.11 |
| SCHW Schwab (charles) Corp. | Add +0.7% | 1.46% | +0.11 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +10.3% | 0.97% | +0.11 |
| MCHP Microchip Technology Inc. | Add +0.4% | 1.17% | +0.09 |
| FORR Forrester Research Inc. | New | 0.08% | +0.08 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Add +31.9% | 0.31% | +0.08 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.07% | +0.07 |
| PG The Procter & Gamble Co. | Add +0.3% | 0.92% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 2.17% | +0.05 |
| VTES Vanguard SH Term Tax-Ex Bond | Add +8.8% | 0.28% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +0.9% | 0.25% | +0.02 |
| AFL Aflac Inc. | Add +1.2% | 0.13% | +0.01 |
| SYK Stryker Corp. | Add +0.2% | 1.87% | +0.01 |
| KO The Coca-Cola Co. | Add +4.8% | 0.09% | +0.01 |
| EFG iShares MSCI Eafe Growth ETF | Add +0.5% | 0.25% | +0.01 |
| NVR NVR Inc. | Add +0.9% | 1.07% | −0.00 |
| PEP Pepsico Inc. | Add +0.5% | 1.07% | −0.00 |
| CMI Cummins Inc. | Add +0.5% | 1.23% | −0.00 |
| V Visa Inc. Class A | Add +0.1% | 1.48% | −0.01 |
| ACN Accenture PLC Class A | Add +2.1% | 1.34% | −0.08 |
| CVCO Cavco Industries Inc. | Add +0.7% | 1.08% | −0.09 |
| DHI D.R. Horton Inc. | Add +0.4% | 1.24% | −0.12 |
| LOW Lowe's Cos Inc. | Add +0.5% | 1.60% | −0.14 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 73 | $447.4M | MTBA, DFAC, TMSL, VSLU, DFAT |
| Q1 2026 | 73 | $413.2M | MTBA, DFAC, VSLU, TMSL, TLH |
| Q4 2025 | 77 | $418.9M | MTBA, DFAC, VSLU, TMSL, TLH |
| Q3 2025 | 78 | $413.1M | MTBA, DFAC, TMSL, VSLU, TLH |
| Q2 2025 | 77 | $383.6M | MTBA, DFAC, TMSL, TLH, VSLU |
| Q1 2025 | 80 | $356.8M | MTBA, DFAC, TMSL, DFAT, VSLU |
| Q4 2024 | 84 | $380.8M | SHY, DFAC, MTBA, DFAT, TMSL |
| Q3 2024 | 81 | $383.6M | SHY, DFAC, MTBA, DFAT, TMSL |
| Q2 2024 | 79 | $313.2M | DFAC, SHY, MTBA, DFAT, DFEM |
| Q1 2024 | 83 | $330.9M | DFAC, TBLL, BSV, DFAT, DFIC |