WATCHMAN GROUP, INC.

PrivateCIK: 1748726

Location

PLANO, TX

Positions

$434.25M

Total AUM (reported)

6.24M

Total Shares

Allocation by class

COM$94.93M21.9%

3 7 YR TREAS BD$43.93M10.1%

US COR EQU 2 ETF$41.39M9.5%

APPLIED FINA VAL$37.58M8.7%

SMALL MID CAP$32.89M7.6%

US TARGETED VLU$28.38M6.5%

10-20 YR TRS ETF$24.75M5.7%

Portfolio Concentration

Top 3$122.90M28.3%

4–10$145.76M33.6%

11–25$88.48M20.4%

Rest$77.10M17.8%

Top 3 weight

28.3%

Top 10 weight

61.9%

Voting Authority Distribution

Total shares with voting rights: 6.24M

Sole

Full voting authority

4.60M

% of voting shares73.7%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.64M

% of voting shares26.3%

Investment Discretion (by position count)

Sole72

Shared0

Other0

Dominant voting typeSole · 73.7% of voting shares

Institutional Holdings72

Rows:

ISHARES TR

SOLE

3 7 YR TREAS BD

Shares387.27K

TypeSH

Market value$43.93M

10.12%

Sole

312.39K

Shared

0.00

None

74.88K

DIMENSIONAL ETF TRUST

SOLE

US COR EQU 2 ETF

Shares931.14K

TypeSH

Market value$41.39M

9.53%

Sole

694.59K

Shared

0.00

None

236.55K

ETF OPPORTUNITIES TRUST

SOLE

APPLIED FINA VAL

Shares774.44K

TypeSH

Market value$37.58M

8.65%

Sole

548.47K

Shared

0.00

None

225.97K

T ROWE PRICE EXCHANGE-TRADED

SOLE

SMALL MID CAP

Shares808.09K

TypeSH

Market value$32.89M

7.57%

Sole

641.99K

Shared

0.00

None

166.10K

DIMENSIONAL ETF TRUST

SOLE

US TARGETED VLU

Shares427.20K

TypeSH

Market value$28.38M

6.54%

Sole

331.58K

Shared

0.00

None

95.62K

ISHARES TR

SOLE

10-20 YR TRS ETF

Shares268.55K

TypeSH

Market value$24.75M

5.70%

Sole

214.83K

Shared

0.00

None

53.72K

FIDELITY MERRIMACK STR TR

SOLE

TOTAL BD ETF

Shares481.58K

TypeSH

Market value$20.85M

4.80%

Sole

356.31K

Shared

0.00

None

125.26K

DIMENSIONAL ETF TRUST

SOLE

INTL CORE EQUITY

Shares434.82K

TypeSH

Market value$16.35M

3.77%

Sole

316.02K

Shared

0.00

None

118.80K

DIMENSIONAL ETF TRUST

SOLE

EMERGING MKTS CO

Shares297.85K

TypeSH

Market value$11.83M

2.72%

Sole

240.78K

Shared

0.00

None

57.07K

AMERICAN CENTY ETF TR

SOLE

INTL EQT ETF

Shares118.75K

TypeSH

Market value$10.70M

2.46%

Sole

89.08K

Shared

0.00

None

29.67K

EA SERIES TRUST

SOLE

FREEDOM 100 EM

Shares125.69K

TypeSH

Market value$8.79M

2.02%

Sole

99.35K

Shared

0.00

None

26.34K

ALPHABET INC

SOLE

CAP STK CL C

Shares25K

TypeSH

Market value$8.52M

1.96%

Sole

18.46K

Shared

0.00

None

6.54K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares15.37K

TypeSH

Market value$7.65M

1.76%

Sole

11.57K

Shared

0.00

None

3.80K

AMPHENOL CORP

SOLE

CL A

Shares86.40K

TypeSH

Market value$7.28M

1.68%

Sole

67.20K

Shared

0.00

None

19.19K

MICROSOFT CORP

SOLE

COM

Shares13.39K

TypeSH

Market value$6.87M

1.58%

Sole

11.36K

Shared

0.00

None

2.03K

ALPHABET INC

SOLE

CAP STK CL A

Shares18.47K

TypeSH

Market value$6.36M

1.46%

Sole

14.48K

Shared

0.00

None

3.99K

TESLA INC

SOLE

COM

Shares15.69K

TypeSH

Market value$5.57M

1.28%

Sole

12.51K

Shared

0.00

None

3.18K

VISA INC

SOLE

COM CL A

Shares14.95K

TypeSH

Market value$5.37M

1.24%

Sole

12.31K

Shared

0.00

None

2.64K

ISHARES TR

SOLE

0-3 MTH TREASURY

Shares52.81K

TypeSH

Market value$5.32M

1.22%

Sole

42.24K

Shared

0.00

None

10.57K

AMAZON COM INC

SOLE

COM

Shares20.47K

TypeSH

Market value$5.10M

1.17%

Sole

15.97K

Shared

0.00

None

4.50K

WABTEC

SOLE

COM

Shares16.82K

TypeSH

Market value$4.83M

1.11%

Sole

13.19K

Shared

0.00

None

3.63K

AGILENT TECHNOLOGIES INC

SOLE

COM

Shares25.59K

TypeSH

Market value$4.41M

1.02%

Sole

20.21K

Shared

0.00

None

5.37K

CAVCO INDS INC DEL

SOLE

COM

Shares7.77K

TypeSH

Market value$4.35M

1.00%

Sole

6.13K

Shared

0.00

None

1.64K

CARLISLE COS INC

SOLE

COM

Shares13.03K

TypeSH

Market value$4.20M

0.97%

Sole

10.43K

Shared

0.00

None

2.60K

STRYKER CORPORATION

SOLE

COM

Shares14.05K

TypeSH

Market value$3.87M

0.89%

Sole

11.79K

Shared

0.00

None

2.26K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	3 7 YR TREAS BD	387.27K	SH	$43.93M 10.12%	312.39K	74.88K
DIMENSIONAL ETF TRUSTSOLE	US COR EQU 2 ETF	931.14K	SH	$41.39M 9.53%	694.59K	236.55K
ETF OPPORTUNITIES TRUSTSOLE	APPLIED FINA VAL	774.44K	SH	$37.58M 8.65%	548.47K	225.97K
T ROWE PRICE EXCHANGE-TRADEDSOLE	SMALL MID CAP	808.09K	SH	$32.89M 7.57%	641.99K	166.10K
DIMENSIONAL ETF TRUSTSOLE	US TARGETED VLU	427.20K	SH	$28.38M 6.54%	331.58K	95.62K
ISHARES TRSOLE	10-20 YR TRS ETF	268.55K	SH	$24.75M 5.70%	214.83K	53.72K
FIDELITY MERRIMACK STR TRSOLE	TOTAL BD ETF	481.58K	SH	$20.85M 4.80%	356.31K	125.26K
DIMENSIONAL ETF TRUSTSOLE	INTL CORE EQUITY	434.82K	SH	$16.35M 3.77%	316.02K	118.80K
DIMENSIONAL ETF TRUSTSOLE	EMERGING MKTS CO	297.85K	SH	$11.83M 2.72%	240.78K	57.07K
AMERICAN CENTY ETF TRSOLE	INTL EQT ETF	118.75K	SH	$10.70M 2.46%	89.08K	29.67K
EA SERIES TRUSTSOLE	FREEDOM 100 EM	125.69K	SH	$8.79M 2.02%	99.35K	26.34K
ALPHABET INCSOLE	CAP STK CL C	25K	SH	$8.52M 1.96%	18.46K	6.54K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	15.37K	SH	$7.65M 1.76%	11.57K	3.80K
AMPHENOL CORPSOLE	CL A	86.40K	SH	$7.28M 1.68%	67.20K	19.19K
MICROSOFT CORPSOLE	COM	13.39K	SH	$6.87M 1.58%	11.36K	2.03K
ALPHABET INCSOLE	CAP STK CL A	18.47K	SH	$6.36M 1.46%	14.48K	3.99K
TESLA INCSOLE	COM	15.69K	SH	$5.57M 1.28%	12.51K	3.18K
VISA INCSOLE	COM CL A	14.95K	SH	$5.37M 1.24%	12.31K	2.64K
ISHARES TRSOLE	0-3 MTH TREASURY	52.81K	SH	$5.32M 1.22%	42.24K	10.57K
AMAZON COM INCSOLE	COM	20.47K	SH	$5.10M 1.17%	15.97K	4.50K
WABTECSOLE	COM	16.82K	SH	$4.83M 1.11%	13.19K	3.63K
AGILENT TECHNOLOGIES INCSOLE	COM	25.59K	SH	$4.41M 1.02%	20.21K	5.37K
CAVCO INDS INC DELSOLE	COM	7.77K	SH	$4.35M 1.00%	6.13K	1.64K
CARLISLE COS INCSOLE	COM	13.03K	SH	$4.20M 0.97%	10.43K	2.60K
STRYKER CORPORATIONSOLE	COM	14.05K	SH	$3.87M 0.89%	11.79K	2.26K

Page 1 of 3