Watchman Group, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 20, 2026), Watchman Group, Inc. reported 73 stock positions worth $413.2 million. Its top holding was Simplify MBS ETF (MTBA) at 10.5% of the portfolio, followed by Dimensional US Core Equity 2 (DFAC, 8.5%) and Applied Finance Valuat ETF (VSLU, 7.3%). Compared with Q4 2025, it sold out of 4, added to 29 and reduced 35. The biggest buy was Avantis International Equity (AVDE, shares +1138%) and the biggest sale iShares Core S&P Midcap ETF (IJH, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- PLANO, TX
- CIK
- 0001748726
- Portfolio Value
- $413.2M (Q1 2026)
- SEC Filing
- 0002085853-26-000424 ↗ filed Apr 20, 2026
Holdings Value
Holdings 73 stocks · $413.2M
| MTBA Simplify MBS ETF | 10.51% | 877,875 | $43.4M | Add +5.6% |
| DFAC Dimensional US Core Equity 2 | 8.52% | 906,387 | $35.2M | Reduce -2.6% |
| VSLU Applied Finance Valuat ETF | 7.28% | 719,058 | $30.1M | Add +7.6% |
| TMSL T.rowe PRC Small-Mid Cap ETF | 7.20% | 811,272 | $29.7M | Reduce -0.1% |
| TLH iShares 10-20 Year Treasury | 6.61% | 271,037 | $27.3M | Add +4.7% |
| DFAT Dimensional US Target Value | 6.51% | 430,509 | $26.9M | Reduce -0.5% |
| FBND Fidelity Total Bond ETF | 4.88% | 442,443 | $20.2M | Add +7.5% |
| DFIC Dimensional International Co. | 3.72% | 432,729 | $15.4M | Add +2.1% |
| DFEM Dimensional Emrg MRKT Core | 2.76% | 330,236 | $11.4M | Reduce -2.3% |
| FRDM Freedom 100 Emeging MRKT ETF | 2.26% | 171,193 | $9.4M | Reduce -8.1% |
| AVDE Avantis International Equity | 2.20% | 106,968 | $9.1M | Add +1138.3% |
| GOOG Alphabet Inc. Class C | 1.79% | 25,735 | $7.4M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.73% | 14,930 | $7.2M | Reduce -0.0% |
| SGOV iShares 0-3 Month Treasury B | 1.63% | 66,836 | $6.7M | Add +55.5% |
| TSLA Tesla Inc. | 1.45% | 16,102 | $6.0M | Add +0.2% |
| APH Amphenol Corp. Class A | 1.39% | 45,353 | $5.7M | Reduce -9.9% |
| GOOGL Alphabet Inc. Class A | 1.37% | 19,744 | $5.7M | Reduce -1.3% |
| MSFT Microsoft Corp. | 1.21% | 13,527 | $5.0M | Add +3.5% |
| SYK Stryker Corp. | 1.21% | 15,158 | $5.0M | Add +0.5% |
| WAB Wabtec Corp. | 1.20% | 19,888 | $5.0M | Reduce -5.3% |
| TPL Texas Pacific Land Corp. | 1.09% | 9,494 | $4.5M | Add +10.6% |
| GD General Dynamics Corp. | 1.08% | 13,063 | $4.5M | Reduce -5.5% |
| V Visa Inc. Class A | 1.07% | 14,625 | $4.4M | Add +0.8% |
| CSL Carlisle Cos Inc. | 1.06% | 13,137 | $4.4M | Reduce -0.4% |
| CAVA Cava Group Inc. | 1.06% | 54,060 | $4.4M | Add +0.7% |
| MKL Markel Group Inc. | 1.02% | 2,213 | $4.2M | Reduce -2.9% |
| PCAR Paccar Inc. | 1.01% | 36,118 | $4.2M | Reduce -5.6% |
| AMZN Amazon.com Inc. | 1.01% | 19,950 | $4.2M | Add +0.8% |
| DHI D.R. Horton Inc. | 0.90% | 27,140 | $3.7M | Reduce -0.1% |
| CVCO Cavco Industries Inc. | 0.90% | 7,680 | $3.7M | Reduce -0.5% |
| UBER Uber Technologies Inc. | 0.86% | 49,391 | $3.6M | Add +8.7% |
| LOW Lowe's Cos Inc. | 0.85% | 14,794 | $3.5M | Reduce -4.5% |
| UFPI Ufp Industries Inc. | 0.85% | 37,944 | $3.5M | Add +6.0% |
| INTU Intuit Inc. | 0.76% | 7,220 | $3.1M | Add +7.4% |
| NXPI NXP Semiconductors NV | 0.74% | 15,594 | $3.1M | Add +9.9% |
| ACN Accenture PLC Class A | 0.72% | 15,103 | $3.0M | Add +4.4% |
| A Agilent Technologies Inc. | 0.71% | 25,875 | $2.9M | Reduce -2.3% |
| META Meta Platforms Inc. Class A | 0.70% | 5,091 | $2.9M | Add +0.3% |
| AMD Advanced Micro Devices | 0.69% | 14,062 | $2.9M | Reduce -1.5% |
| CMI Cummins Inc. | 0.69% | 5,315 | $2.9M | Reduce -42.0% |
| SSGA ACTIVE TR | 0.69% | 66,523 | $2.8M | Add +5.9% |
| FFIN First Finl Bankshares Inc. | 0.68% | 95,544 | $2.8M | Reduce -2.5% |
| NVR NVR Inc. | 0.60% | 375 | $2.5M | Reduce -3.1% |
| SFBS Servisfirst Bancshares Inc. | 0.58% | 32,941 | $2.4M | Reduce -2.9% |
| IUSG iShares Core S&P U.S. Growth | 0.57% | 15,306 | $2.4M | Reduce -0.5% |
| IJH iShares Core S&P Midcap ETF | 0.49% | 30,200 | $2.0M | Reduce -68.7% |
| USFR Wisdomtree Floating Rate Tre | 0.34% | 27,825 | $1.4M | Reduce -36.3% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.31% | 12,537 | $1.3M | Reduce -7.5% |
| WMT Walmart Inc. | 0.24% | 7,883 | $980K | Add +0.4% |
| VOO Vanguard S&P 500 ETF | 0.20% | 1,391 | $831K | Reduce -1.7% |
| AAPL Apple Inc. | 0.15% | 2,492 | $632K | Add +1.0% |
| IHI iShares U.S. Medical Devices | 0.15% | 11,380 | $607K | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.14% | 1,250 | $579K | No change |
| RAVE Rave Restaurant Group Inc. | 0.12% | 182,800 | $484K | No change |
| AFL Aflac Inc. | 0.12% | 4,385 | $481K | No change |
| VEA Vanguard Ftse Developed ETF | 0.12% | 7,458 | $478K | No change |
| JNJ Johnson & Johnson | 0.11% | 1,938 | $474K | Add +0.9% |
| IVV iShares Core S&P 500 ETF | 0.10% | 653 | $427K | Reduce -1.4% |
| BTCO Invsco GLXY BTCN ETF | 0.10% | 6,210 | $419K | No change |
| VRSK Verisk Analytics Inc. | 0.10% | 2,155 | $409K | No change |
| CSCO Cisco Systems Inc. | 0.10% | 5,105 | $396K | Add +1.1% |
| XOM Exxon Mobil Corp. | 0.09% | 2,293 | $389K | Reduce -1.9% |
| NVDA Nvidia Corp. | 0.08% | 1,910 | $333K | Add +7.0% |
| KO The Coca-Cola Co. | 0.08% | 4,308 | $328K | No change |
| IWD iShares Russell 1000 Value E | 0.07% | 1,397 | $298K | Reduce -10.3% |
| BSV Vanguard Short-Term Bond ETF | 0.07% | 3,532 | $277K | Add +0.1% |
| YUM Yum! Brands Inc. | 0.07% | 1,756 | $273K | Reduce -15.4% |
| MCD McDonald's Corp. | 0.06% | 856 | $266K | Add +0.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.06% | 749 | $240K | Reduce -21.9% |
| VIG Vanguard Dividend Apprec ETF | 0.06% | 1,088 | $234K | Reduce -7.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.06% | 2,047 | $228K | Reduce -81.6% |
| HD Home Depot Inc. | 0.05% | 680 | $224K | Reduce -2.0% |
| IUSV iShares Core S&P U.S. Value | 0.05% | 2,138 | $219K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| IJH iShares Core S&P Midcap ETF | Reduce -68.7% | 0.49% | −1.03 |
| RMD Resmed Inc. | Sold out | 0.00% | −0.68 |
| CMI Cummins Inc. | Reduce -42.0% | 0.69% | −0.42 |
| DFAC Dimensional US Core Equity 2 | Reduce -2.6% | 8.52% | −0.27 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -81.6% | 0.06% | −0.25 |
| APH Amphenol Corp. Class A | Reduce -9.9% | 1.39% | −0.24 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.19 |
| CVCO Cavco Industries Inc. | Reduce -0.5% | 0.90% | −0.19 |
| USFR Wisdomtree Floating Rate Tre | Reduce -36.3% | 0.34% | −0.19 |
| A Agilent Technologies Inc. | Reduce -2.3% | 0.71% | −0.15 |
| MKL Markel Group Inc. | Reduce -2.9% | 1.02% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -1.3% | 1.37% | −0.12 |
| REI Ring Energy Inc. | Sold out | 0.00% | −0.10 |
| NVR NVR Inc. | Reduce -3.1% | 0.60% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.0% | 1.73% | −0.06 |
| BKLC BNY Mellon US LRG Cap Cor | Sold out | 0.00% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -4.5% | 0.85% | −0.05 |
| IUSG iShares Core S&P U.S. Growth | Reduce -0.5% | 0.57% | −0.04 |
| AMD Advanced Micro Devices | Reduce -1.5% | 0.69% | −0.04 |
| DHI D.R. Horton Inc. | Reduce -0.1% | 0.90% | −0.03 |
| GD General Dynamics Corp. | Reduce -5.5% | 1.08% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -21.9% | 0.06% | −0.02 |
| FFIN First Finl Bankshares Inc. | Reduce -2.5% | 0.68% | −0.02 |
| FRDM Freedom 100 Emeging MRKT ETF | Reduce -8.1% | 2.26% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -1.7% | 0.20% | −0.01 |
| YUM Yum! Brands Inc. | Reduce -15.4% | 0.07% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -7.5% | 0.31% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -10.3% | 0.07% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -7.9% | 0.06% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -1.4% | 0.10% | −0.01 |
| HD Home Depot Inc. | Reduce -2.0% | 0.05% | −0.00 |
| SFBS Servisfirst Bancshares Inc. | Reduce -2.9% | 0.58% | −0.00 |
| PCAR Paccar Inc. | Reduce -5.6% | 1.01% | +0.01 |
| XOM Exxon Mobil Corp. | Reduce -1.9% | 0.09% | +0.03 |
| CSL Carlisle Cos Inc. | Reduce -0.4% | 1.06% | +0.05 |
| DFEM Dimensional Emrg MRKT Core | Reduce -2.3% | 2.76% | +0.09 |
| WAB Wabtec Corp. | Reduce -5.3% | 1.20% | +0.13 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Reduce -0.1% | 7.20% | +0.24 |
| DFAT Dimensional US Target Value | Reduce -0.5% | 6.51% | +0.36 |
Portfolio Buys Q4 2025 → Q1 2026
| AVDE Avantis International Equity | Add +1138.3% | 2.20% | +2.03 |
| SGOV iShares 0-3 Month Treasury B | Add +55.5% | 1.63% | +0.60 |
| MTBA Simplify MBS ETF | Add +5.6% | 10.51% | +0.50 |
| TPL Texas Pacific Land Corp. | Add +10.6% | 1.09% | +0.50 |
| FBND Fidelity Total Bond ETF | Add +7.5% | 4.88% | +0.36 |
| TLH iShares 10-20 Year Treasury | Add +4.7% | 6.61% | +0.32 |
| CAVA Cava Group Inc. | Add +0.7% | 1.06% | +0.31 |
| DFIC Dimensional International Co. | Add +2.1% | 3.72% | +0.24 |
| VSLU Applied Finance Valuat ETF | Add +7.6% | 7.28% | +0.21 |
| UFPI Ufp Industries Inc. | Add +6.0% | 0.85% | +0.07 |
| SSGA ACTIVE TR | Add +5.9% | 0.69% | +0.04 |
| WMT Walmart Inc. | Add +0.4% | 0.24% | +0.03 |
| JNJ Johnson & Johnson | Add +0.9% | 0.11% | +0.02 |
| NXPI NXP Semiconductors NV | Add +9.9% | 0.74% | +0.01 |
| CSCO Cisco Systems Inc. | Add +1.1% | 0.10% | +0.00 |
| MCD McDonald's Corp. | Add +0.5% | 0.06% | +0.00 |
| NVDA Nvidia Corp. | Add +7.0% | 0.08% | +0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +0.1% | 0.07% | +0.00 |
| AAPL Apple Inc. | Add +1.0% | 0.15% | −0.01 |
| UBER Uber Technologies Inc. | Add +8.7% | 0.86% | −0.03 |
| SYK Stryker Corp. | Add +0.5% | 1.21% | −0.06 |
| AMZN Amazon.com Inc. | Add +0.8% | 1.01% | −0.09 |
| META Meta Platforms Inc. Class A | Add +0.3% | 0.70% | −0.10 |
| GOOG Alphabet Inc. Class C | Add +1.2% | 1.79% | −0.12 |
| V Visa Inc. Class A | Add +0.8% | 1.07% | −0.14 |
| ACN Accenture PLC Class A | Add +4.4% | 0.72% | −0.20 |
| TSLA Tesla Inc. | Add +0.2% | 1.45% | −0.28 |
| MSFT Microsoft Corp. | Add +3.5% | 1.21% | −0.30 |
| INTU Intuit Inc. | Add +7.4% | 0.76% | −0.31 |
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 |