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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 2 of 4  ·  78 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 V VISA INC Financial Services 14,576.0 $5.0M 1.21% NEW $341.38 -3.7%
22 CMI CUMMINS INC Industrials 11,264.0 $4.8M 1.15% NEW $422.37 +51.4%
23 INTU INTUIT Technology 6,894.0 $4.7M 1.14% NEW $682.91 -53.2%
24 CVCO CAVCO INDS INC DEL Consumer Cyclical 8,086.0 $4.7M 1.14% NEW $580.73 -12.3%
25 DHI D R HORTON INC Consumer Cyclical 27,381.0 $4.6M 1.12% NEW $169.47 -15.2%
26 UBER UBER TECHNOLOGIES INC Technology 45,592.0 $4.5M 1.08% NEW $97.97 -26.7%
27 MKL MARKEL GROUP INC Financial Services 2,321.0 $4.4M 1.07% NEW $1911.36 -2.8%
28 GNRC GENERAC HLDGS INC Industrials 26,138.0 $4.4M 1.06% NEW $167.40 +61.4%
29 AMZN AMAZON COM INC Consumer Cyclical 19,868.0 $4.4M 1.06% NEW $219.57 +21.3%
30 WAB WABTEC Industrials 21,638.0 $4.3M 1.05% NEW $200.47 +27.9%
31 CSL CARLISLE COS INC Industrials 12,943.0 $4.3M 1.03% NEW $328.96 +1.5%
32 LOW LOWES COS INC Consumer Cyclical 15,615.0 $3.9M 0.95% NEW $251.31 -14.4%
33 PCAR PACCAR INC Industrials 39,123.0 $3.8M 0.93% NEW $98.32 +11.2%
34 META META PLATFORMS INC Communication Services 5,085.0 $3.7M 0.90% NEW $734.37 -16.9%
35 FFIN FIRST FINL BANKSHARES INC Financial Services 107,220.0 $3.6M 0.87% NEW $33.65 -4.2%
36 UFPI UFP INDUSTRIES INC Basic Materials 38,526.0 $3.6M 0.87% NEW $93.49 -13.9%
37 A AGILENT TECHNOLOGIES INC Healthcare 27,045.0 $3.5M 0.84% NEW $128.35 -10.4%
38 ACN ACCENTURE PLC IRELAND Technology 13,927.0 $3.4M 0.83% NEW $246.60 -27.3%
39 RMD RESMED INC Healthcare 12,156.0 $3.3M 0.81% NEW $273.73 -24.0%
40 CFR CULLEN FROST BANKERS INC Financial Services 26,029.0 $3.3M 0.80% NEW $126.77 +9.9%
Page 2 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%