Source-code watermarking supports provenance tracking by embedding a recoverable identifier in a software artifact. Many existing approaches encode this identifier in tokens or program syntax, exposing the watermark to transformations that modify the source text. We present PlaceMark, a blind watermarking system that encodes a payload in the placement of modules within a repository. Each eligible module is identified by its filename and top-level definition names. A secret key determines its ordered candidate destinations and its position in the reading order; the module's location within its candidate list determines the encoded symbol. Embedding relocates selected modules and updates their import references. Extraction uses the distributed repository, the key, and agreed decoding parameters, without an original copy or placement ledger. Capacity measurements on ten Python repositories yield nominal capacities of 249 to 2,166 bits in nine repositories, while one provides no placement channel. In 216 trials of the evaluated text transformations, the payload is recovered exactly. Relocation degrades recovery gradually on Django, Airflow and Salt, while on Pylint a path-based exclusion in our implementation lets relocation change carrier membership, and we measure it for an untargeted adversary and for one that concentrates its budget on the public carrier set. Changes to filenames or definition names alter the identity input and are measured separately. Exact recovery also depends on placement feasibility. The results characterize module placement as a carrier that can complement watermarks embedded in source text.

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