Paradigm Capital Management Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 18, 2025), Paradigm Capital Management Inc. reported 128 stock positions worth $2.2 billion. Its top holding was Modine Manufacturing (MOD) at 8.9% of the portfolio, followed by Broadcom (AVGO, 8.7%) and Onto Innovation (ONTO, 8.5%). Compared with Q3 2024, it opened 6 new positions, sold out of 7, added to 13 and reduced 36. The biggest buy was a new position in American Woodmark (AMWD) and the biggest sale an exit from R1 RCM (RCM).

Most Recent 13F
Q2 2026
Location
ALBANY, NY
CIK
0001037792
Portfolio Value
$2.2B (Q4 2024)
SEC Filing
0001037792-25-000007 ↗ filed Feb 18, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.1B Q1 2024 Q2 2024: $2.2B Q2 2024 Q3 2024: $2.3B Q3 2024 Q4 2024: $2.2B $2.2B Q4 2024 Q1 2025: $1.8B Q1 2025 Q2 2025: $2.1B Q2 2025 Q3 2025: $2.3B Q3 2025 Q4 2025: $2.4B Q4 2025 Q1 2026: $2.6B Q1 2026 Q2 2026: $3.7B Q2 2026

Holdings 128 stocks · $2.2B
MOD Modine Manufacturing Co. 8.86% 1,648,300 $191.1M Reduce -0.1%
AVGO Broadcom Inc. 8.69% 809,000 $187.6M No change
ONTO Onto Innovation Inc. 8.54% 1,104,939 $184.2M No change
FN Fabrinet 5.42% 531,900 $117.0M No change
NSIT Insight Enterprises Inc. 4.20% 596,150 $90.7M No change
EXTR Extreme Networks Inc. 4.03% 5,189,800 $86.9M Reduce -1.0%
JBL Jabil Inc. 3.82% 572,900 $82.4M Reduce -1.6%
GMED Globus Medical Inc. Class A 3.64% 949,300 $78.5M Reduce -2.3%
DCO Ducommun Inc. 3.20% 1,084,100 $69.0M Reduce -0.3%
VECO Veeco Instruments Inc. 2.46% 1,982,800 $53.1M Add +0.0%
ENTG Entegris Inc. 2.46% 535,700 $53.1M Add +0.4%
ENSG The Ensign Group Inc. 2.13% 345,800 $45.9M Reduce -0.0%
MDXG Mimedx Group Inc. 2.09% 4,686,231 $45.1M Add +0.5%
ENS Enersys 2.05% 477,972 $44.2M Add +3.4%
OFIX Orthofix Medical Inc. 2.01% 2,485,900 $43.4M Reduce -2.8%
SUM Summit Materials Inc. Class A 1.99% 847,890 $42.9M Reduce -0.1%
RBBN Ribbon Communications Inc. 1.95% 10,138,621 $42.2M Reduce -4.3%
CALX Calix Inc. 1.71% 1,057,200 $36.9M Reduce -20.3%
NVRI Enviri Corp. 1.60% 4,475,900 $34.5M Add +14.4%
CNXC Concentrix Corp. 1.50% 750,142 $32.5M Add +2.7%
IART Integra Lifesciences Holding 1.50% 1,431,100 $32.5M Add +170.3%
TCMD Tactile Systems Technology I 1.32% 1,662,300 $28.5M Reduce -0.1%
JILL J. Jill Inc. 1.18% 921,300 $25.4M Add +45.0%
PNTG The Pennant Group Inc. 1.15% 939,000 $24.9M Reduce -0.0%
AMWD American Woodmark Corp. 1.11% 301,189 $24.0M New
UCTT Ultra Clean Holdings Inc. 1.10% 658,200 $23.7M No change
ENOV Enovis Corp. 1.08% 533,200 $23.4M Add +2566.0%
SW Smurfit Westrock PLC 0.95% 378,880 $20.4M No change
CRNC Cerence Inc. 0.94% 2,593,200 $20.4M Add +48.2%
ADTN Adtran Holdings Inc. 0.93% 2,419,600 $20.2M Reduce -1.6%
SIBN Si-Bone Inc. 0.90% 1,386,031 $19.4M Add +5.3%
CAL Caleres Inc. 0.77% 718,500 $16.6M No change
NTRA Natera Inc. 0.73% 99,800 $15.8M No change
EME Emcor Group Inc. 0.70% 33,075 $15.0M Reduce -0.7%
KTOS Kratos Defense & Security 0.69% 563,500 $14.9M No change
COHU Cohu Inc. 0.59% 479,749 $12.8M Reduce -35.4%
BLDR Builders Firstsource Inc. 0.57% 85,750 $12.3M No change
NATR Natures Sunshine Prods Inc. 0.56% 819,200 $12.0M Reduce -3.8%
KAI Kadant Inc. 0.52% 32,400 $11.2M No change
SNX TD Synnex Corp. 0.50% 92,774 $10.9M No change
ACLS Axcelis Technologies Inc. 0.50% 153,900 $10.8M Reduce -67.7%
MRVL Marvell Technology Inc. 0.40% 77,900 $8.6M No change
KLIC Kulicke & Soffa Industries 0.37% 171,325 $8.0M No change
ATEN A10 Networks Inc. 0.36% 427,800 $7.9M No change
PTC PTC Inc. 0.34% 40,000 $7.4M No change
PENG Penguin Solutions Inc. 0.32% 356,000 $6.8M Add +612.0%
ADUS Addus Homecare Corp. 0.30% 52,270 $6.6M No change
FSS Federal Signal Corp. 0.30% 70,000 $6.5M No change
TER Teradyne Inc. 0.28% 48,650 $6.1M No change
NNBR NN Inc. 0.28% 1,856,200 $6.1M Add +139.4%
KFRC Kforce Inc. 0.28% 105,125 $6.0M No change
WCC Wesco International Inc. 0.25% 30,000 $5.4M No change
CTRN Citi Trends Inc. 0.24% 200,000 $5.3M Reduce -22.0%
BCC Boise Cascade Co. 0.24% 43,375 $5.2M No change
PACS Pacs Group Inc. 0.19% 320,000 $4.2M New
JNJ Johnson & Johnson 0.19% 28,700 $4.2M No change
SXT Sensient Technologies Corp. 0.18% 55,675 $4.0M No change
GRMN Garmin Ltd. 0.18% 19,075 $3.9M No change
ZWS Zurn Elkay Water Solutions C 0.18% 102,300 $3.8M No change
ANGO Angiodynamics Inc. 0.17% 404,001 $3.7M New
BBY Best Buy Co. Inc. 0.17% 41,900 $3.6M No change
RDNT Radnet Inc. 0.16% 49,600 $3.5M No change
OCUL Ocular Therapeutix Inc. 0.16% 400,000 $3.4M No change
MAA Mid-America Apartment Comm 0.15% 21,615 $3.3M No change
ATRC Atricure Inc. 0.15% 107,300 $3.3M No change
ARLO Arlo Technologies Inc. 0.15% 285,100 $3.2M No change
NEOG Neogen Corp. 0.14% 257,100 $3.1M No change
QDEL Quidelortho Corp. 0.14% 70,000 $3.1M New
PRGS Progress Software Corp. 0.14% 45,300 $3.0M No change
LITE Lumentum Holdings Inc. 0.13% 33,600 $2.8M No change
AVNW Aviat Networks Inc. 0.13% 155,363 $2.8M Reduce -84.5%
ETON Eton Pharmaceuticals Inc. 0.12% 200,000 $2.7M Reduce -33.3%
CRS Carpenter Technology 0.12% 15,600 $2.6M No change
AEO American Eagle Outfitters 0.11% 146,775 $2.4M No change
MXL Maxlinear Inc. 0.11% 117,621 $2.3M Reduce -7.7%
AZTA Azenta Inc. 0.10% 45,000 $2.3M No change
CCRN Cross Country Healthcare Inc. 0.09% 107,700 $2.0M No change
RRX Regal Rexnord Corp. 0.09% 12,200 $1.9M No change
MASI Masimo Corp. 0.09% 11,353 $1.9M No change
TBRG Trubridge Inc. 0.09% 95,000 $1.9M Reduce -70.7%
ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP 0.09% 100,000 $1.9M New
QRVO Qorvo Inc. 0.08% 25,880 $1.8M No change
GEN Gen Digital Inc. 0.08% 66,000 $1.8M No change
CL Colgate-Palmolive Co. 0.08% 19,800 $1.8M No change
FORM Formfactor Inc. 0.08% 37,900 $1.7M No change
P Everpure Inc. Class A filed as PURE STORAGE INC 0.08% 27,000 $1.7M No change
RVTY Revvity Inc. 0.07% 13,450 $1.5M Reduce -71.9%
GATX Gatx Corp. 0.07% 9,050 $1.4M No change
FRME First Merchants Corp. 0.06% 32,000 $1.3M No change
VMD Viemed Healthcare Inc. 0.06% 150,000 $1.2M Reduce -62.5%
MYRG MYR Group Inc./Delaware 0.06% 8,000 $1.2M No change
SWKS Skyworks Solutions Inc. 0.05% 12,300 $1.1M Reduce -67.0%
KELYA Kelly Services Inc. Class A 0.05% 77,625 $1.1M Reduce -62.7%
TTMI TTM Technologies 0.05% 43,500 $1.1M No change
ATI Ati Inc. 0.05% 18,000 $991K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 4,300 $945K No change
ABT Abbott Laboratories 0.04% 7,900 $894K No change
AFG American Financial Group Inc. 0.04% 6,450 $883K No change
ATSG Air Transport Services Group 0.04% 37,000 $813K No change
CI The Cigna Group 0.03% 2,600 $718K No change
HI Hillenbrand Inc. 0.03% 23,300 $717K No change
THRM Gentherm Inc. 0.03% 15,000 $599K No change
RNST Renasant Corp. 0.03% 16,000 $572K No change
BMY Bristol-Myers Squibb Co. 0.03% 10,100 $571K No change
ARHS Arhaus Inc. 0.03% 60,000 $564K New
ITGR Integer Holdings Corp. 0.03% 4,200 $557K No change
CDW CDW Corp. 0.02% 3,000 $522K No change
PG The Procter & Gamble Co. 0.02% 3,000 $503K No change
EW Edwards Lifesciences Corp. 0.02% 6,500 $481K No change
HALO Halozyme Therapeutics Inc. 0.02% 10,000 $478K No change
ZD Ziff Davis Inc. 0.02% 8,350 $454K No change
PFE Pfizer Inc. 0.02% 17,000 $451K No change
LAB Standard Biotools Inc. 0.02% 248,400 $435K Reduce -54.8%
HPE Hewlett Packard Enterprise 0.02% 20,000 $427K No change
XRX Xerox Holdings Corp. 0.02% 50,000 $422K Reduce -83.8%
BANR Banner Corporation 0.02% 6,000 $401K Reduce -25.0%
NBHC National Bank Hold Class A 0.02% 9,000 $388K No change
PRIM Primoris Services Corp. 0.02% 5,000 $382K Reduce -28.6%
FNF Fidelity National Financial 0.02% 5,900 $331K No change
AMAT Applied Materials Inc. 0.02% 2,000 $325K No change
CNDT Conduent Inc. 0.01% 80,000 $323K Reduce -20.0%
CMBMF Cambium Networks Corp. 0.01% 478,400 $308K Reduce -82.6%
HROW Harrow Inc. 0.01% 8,000 $268K No change
PPLI People Inc. filed as IAC INC 0.01% 6,000 $259K Reduce -76.6%
PEP Pepsico Inc. 0.01% 1,700 $259K No change
CDXS Codexis Inc. 0.01% 50,000 $239K Reduce -50.0%
KIDS Orthopediatrics Corp. 0.01% 10,000 $232K Reduce -93.0%
DBI Designer Brands Inc. Class A 0.01% 30,400 $162K Reduce -62.6%

Portfolio Sells Q3 2024 → Q4 2024
RCM R1 RCM Inc. Sold out 0.00% −1.89
ACLS Axcelis Technologies Inc. Reduce -67.7% 0.50% −1.72
MOD Modine Manufacturing Co. Reduce -0.1% 8.86% −0.87
AVNW Aviat Networks Inc. Reduce -84.5% 0.13% −0.83
CALX Calix Inc. Reduce -20.3% 1.71% −0.58
SMTC Semtech Corp. Sold out 0.00% −0.45
PNTG The Pennant Group Inc. Reduce -0.0% 1.15% −0.33
COHU Cohu Inc. Reduce -35.4% 0.59% −0.25
CMBMF Cambium Networks Corp. Reduce -82.6% 0.01% −0.21
RVTY Revvity Inc. Reduce -71.9% 0.07% −0.20
KIDS Orthopediatrics Corp. Reduce -93.0% 0.01% −0.16
KELYA Kelly Services Inc. Class A Reduce -62.7% 0.05% −0.15
NXH Neighborhood Intelligence Inc. Sold out 0.00% −0.13
XRX Xerox Holdings Corp. Reduce -83.8% 0.02% −0.12
SWKS Skyworks Solutions Inc. Reduce -67.0% 0.05% −0.11
CMTL Comtech Telecommunications Sold out 0.00% −0.09
TBRG Trubridge Inc. Reduce -70.7% 0.09% −0.09
ENSG The Ensign Group Inc. Reduce -0.0% 2.13% −0.08
VMD Viemed Healthcare Inc. Reduce -62.5% 0.06% −0.07
TTEC Ttec Holdings Inc. Sold out 0.00% −0.07
PPLI People Inc. Reduce -76.6% 0.01% −0.05
LAB Standard Biotools Inc. Reduce -54.8% 0.02% −0.03
DBI Designer Brands Inc. Class A Reduce -62.6% 0.01% −0.02
NVMI Nova Ltd. Sold out 0.00% −0.01
BAX Baxter International Inc. Sold out 0.00% −0.01
CNDT Conduent Inc. Reduce -20.0% 0.01% −0.00
BANR Banner Corporation Reduce -25.0% 0.02% −0.00
CDXS Codexis Inc. Reduce -50.0% 0.01% −0.00
PRIM Primoris Services Corp. Reduce -28.6% 0.02% −0.00
DCO Ducommun Inc. Reduce -0.3% 3.20% +0.02
MXL Maxlinear Inc. Reduce -7.7% 0.11% +0.03
CTRN Citi Trends Inc. Reduce -22.0% 0.24% +0.03
NATR Natures Sunshine Prods Inc. Reduce -3.8% 0.56% +0.04
ETON Eton Pharmaceuticals Inc. Reduce -33.3% 0.12% +0.04
EME Emcor Group Inc. Reduce -0.7% 0.70% +0.06
OFIX Orthofix Medical Inc. Reduce -2.8% 2.01% +0.24
TCMD Tactile Systems Technology I Reduce -0.1% 1.32% +0.24
ADTN Adtran Holdings Inc. Reduce -1.6% 0.93% +0.29
RBBN Ribbon Communications Inc. Reduce -4.3% 1.95% +0.43
SUM Summit Materials Inc. Class A Reduce -0.1% 1.99% +0.52
EXTR Extreme Networks Inc. Reduce -1.0% 4.03% +0.53
GMED Globus Medical Inc. Class A Reduce -2.3% 3.64% +0.55
JBL Jabil Inc. Reduce -1.6% 3.82% +0.73

Portfolio Buys Q3 2024 → Q4 2024
AMWD American Woodmark Corp. New 1.11% +1.11
IART Integra Lifesciences Holding Add +170.3% 1.50% +1.08
ENOV Enovis Corp. Add +2566.0% 1.08% +1.05
MDXG Mimedx Group Inc. Add +0.5% 2.09% +0.87
CRNC Cerence Inc. Add +48.2% 0.94% +0.70
JILL J. Jill Inc. Add +45.0% 1.18% +0.48
PENG Penguin Solutions Inc. Add +612.0% 0.32% +0.27
PACS Pacs Group Inc. New 0.19% +0.19
ANGO Angiodynamics Inc. New 0.17% +0.17
NNBR NN Inc. Add +139.4% 0.28% +0.15
QDEL Quidelortho Corp. New 0.14% +0.14
ONT Onterris Inc. New 0.09% +0.09
SIBN Si-Bone Inc. Add +5.3% 0.90% +0.08
ARHS Arhaus Inc. New 0.03% +0.03
ENS Enersys Add +3.4% 2.05% −0.05
CNXC Concentrix Corp. Add +2.7% 1.50% −0.16
NVRI Enviri Corp. Add +14.4% 1.60% −0.20
ENTG Entegris Inc. Add +0.4% 2.46% −0.21
VECO Veeco Instruments Inc. Add +0.0% 2.46% −0.45

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 115$3.7BONTO, MOD, AVGO, FN, JBL
Q1 2026 112$2.6BMOD, FN, AVGO, ONTO, JBL
Q4 2025 116$2.4BAVGO, FN, MOD, ONTO, JBL
Q3 2025 126$2.3BAVGO, MOD, FN, ONTO, JBL
Q2 2025 122$2.1BAVGO, MOD, FN, JBL, ONTO
Q1 2025 127$1.8BAVGO, ONTO, MOD, FN, NSIT
Q4 2024 128$2.2BMOD, AVGO, ONTO, FN, NSIT
Q3 2024 129$2.3BONTO, MOD, AVGO, NSIT, FN
Q2 2024 129$2.2BONTO, MOD, FN, AVGO, NSIT
Q1 2024 131$2.1BONTO, MOD, NSIT, AVGO, FN