Watchman Group Portfolio Shifts: Key Purchases & Sales in Q1 2026

As of June 30th, 2026, Watchman Group's portfolio has undergone several notable adjustments during this quarter. The investment strategy appears focused on specific opportunities within certain sectors while divesting from others.

The most significant purchase activity identified in the filing includes a new position in ServiceNow Inc (NOW) and substantial increases in holdings of Accenture PLC Ireland (ACN). Watchman Group purchased shares of NOW, marking it as a completely new holding. The stock allocation for ACN increased by 50.2%, indicating strong confidence or continued conviction in this large-cap technology company.

Additionally, the investor significantly boosted its position in several other stocks: Simplify Exchange Traded Fund (SIMPLIFY EXCHANGE TRADED FUN) symbol CTA, iShares Bitcoin Trust ETF (IBIT), and the well-known QQQ Trust. These purchases suggest a continued interest in thematic investing or exposure to high-growth areas like technology and cryptocurrency.

Conversely, Watchman Group divested from several holdings during this period. The most prominent exit is the complete removal of iShares Core S&P Small-Cap Index Fund (IJH), which had a significant negative change percentage in its portfolio allocation. This indicates a deliberate decision to dissociate from small-cap US stocks.

Other sales included adjustments on existing positions like EA Series Trust symbol DFEM and Fidelity Merrimack STR TR symbol FBND, although the filing does not explicitly list other major exits beyond IJH. The changes in shares for these specific holdings were substantial negative percentages (-10.64% for DFEM and -51.44% for FBND).

Furthermore, Watchman Group increased its stake in certain Dimensional ETF Trust symbols (DFAT, DFIC) by approximately 0.27% each, though these are not classified as 'significant buys' according to the filing's criteria.