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Portfolio (Quarterly) Guide ↗

Watchman Group, Inc.

· CIK 0001748726
13F Portfolio $413M AUM Filed Nov 13, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 78 New
Page 3 of 4  ·  78 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 NXPI NXP SEMICONDUCTORS N V Technology 14,085.0 $3.2M 0.78% NEW $227.73 +39.0%
42 NVR NVR INC Consumer Cyclical 384.0 $3.1M 0.75% NEW $8034.66 -24.9%
43 PYPL PAYPAL HLDGS INC Financial Services 43,485.0 $2.9M 0.71% NEW $67.06 -34.0%
44 EMTL SSGA ACTIVE TR 61,951.0 $2.7M 0.66% NEW $43.91 -2.8%
45 IUSG ISHARES TR 16,275.0 $2.7M 0.65% NEW $164.54 +13.4%
46 SFBS SERVISFIRST BANCSHARES INC Financial Services 32,287.0 $2.6M 0.63% NEW $80.53 -3.9%
47 VTEB VANGUARD MUN BD FDS 41,186.0 $2.1M 0.50% NEW $50.07 -0.4%
48 IJK ISHARES TR 14,097.0 $1.4M 0.33% NEW $95.89 +16.6%
49 EFG ISHARES TR 11,770.0 $1.3M 0.32% NEW $113.88 +6.7%
50 USFR WISDOMTREE TR 23,392.0 $1.2M 0.28% NEW $50.27 +0.4%
51 VOO VANGUARD INDEX FDS 1,415.0 $867K 0.21% NEW $612.38 +11.9%
52 WMT WALMART INC Consumer Defensive 7,849.0 $809K 0.20% NEW $103.06 +16.7%
53 IHI ISHARES TR 11,380.0 $684K 0.17% NEW $60.08 -15.8%
54 AAPL APPLE INC Technology 2,441.0 $622K 0.15% NEW $254.63 +21.3%
55 RAVE RAVE RESTAURANT GROUP INC Consumer Cyclical 182,800.0 $605K 0.15% NEW $3.31 -12.7%
56 DIA SPDR DOW JONES INDL AVERAGE Financial Services 1,250.0 $580K 0.14% NEW $463.74 +9.1%
57 VRSK VERISK ANALYTICS INC Industrials 2,220.0 $558K 0.14% NEW $251.51 -32.0%
58 REI RING ENERGY INC Energy 500,000.0 $545K 0.13% NEW $1.09 +26.6%
59 AFL AFLAC INC Financial Services 4,383.0 $490K 0.12% NEW $111.70 +5.5%
60 VEA VANGUARD TAX-MANAGED FDS 7,415.0 $444K 0.11% NEW $59.92 +17.6%
Page 3 of 4  ·  78 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 21.3%
Consumer Cyclical 20.4%
Industrials 18.7%
Financial Services 16.3%
Communication Services 10.5%
Healthcare 8.9%
Basic Materials 2.5%
Consumer Defensive 0.8%
Energy 0.7%