Paradigm Capital Management Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Paradigm Capital Management Inc. reported 127 stock positions worth $1.8 billion. Its top holding was Broadcom (AVGO) at 7.5% of the portfolio, followed by Onto Innovation (ONTO, 7.4%) and Modine Manufacturing (MOD, 7.0%). Compared with Q4 2024, it opened 7 new positions, sold out of 8, added to 25 and reduced 26. The biggest buy was Penguin Solutions (PENG, shares +216%) and the biggest sale an exit from Summit Materials Class A (SUM).

Most Recent 13F
Q2 2026
Location
ALBANY, NY
CIK
0001037792
Portfolio Value
$1.8B (Q1 2025)
SEC Filing
0001037792-25-000008 ↗ filed May 15, 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 Q4 2024 Q1 2025: $1.8B $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 127 stocks · $1.8B
AVGO Broadcom Inc. 7.52% 809,000 $135.5M No change
ONTO Onto Innovation Inc. 7.45% 1,104,939 $134.1M No change
MOD Modine Manufacturing Co. 7.02% 1,647,500 $126.4M Reduce -0.1%
FN Fabrinet 5.83% 531,500 $105.0M Reduce -0.1%
NSIT Insight Enterprises Inc. 4.97% 596,150 $89.4M No change
JBL Jabil Inc. 4.32% 570,900 $77.7M Reduce -0.3%
GMED Globus Medical Inc. Class A 3.86% 949,300 $69.5M No change
EXTR Extreme Networks Inc. 3.84% 5,225,200 $69.1M Add +0.7%
DCO Ducommun Inc. 3.28% 1,017,200 $59.0M Reduce -6.2%
VECO Veeco Instruments Inc. 2.65% 2,380,000 $47.8M Add +20.0%
ENTG Entegris Inc. 2.60% 535,700 $46.9M No change
ENSG The Ensign Group Inc. 2.49% 346,600 $44.9M Add +0.2%
ENS Enersys 2.46% 483,300 $44.3M Add +1.1%
CNXC Concentrix Corp. 2.31% 748,142 $41.6M Reduce -0.3%
OFIX Orthofix Medical Inc. 2.25% 2,481,700 $40.5M Reduce -0.2%
RBBN Ribbon Communications Inc. 2.07% 9,511,200 $37.3M Reduce -6.2%
CALX Calix Inc. 2.02% 1,027,300 $36.4M Reduce -2.8%
MDXG Mimedx Group Inc. 1.98% 4,683,500 $35.6M Reduce -0.1%
IART Integra Lifesciences Holding 1.69% 1,385,200 $30.5M Reduce -3.2%
ENOV Enovis Corp. 1.67% 786,400 $30.0M Add +47.5%
NVRI Enviri Corp. 1.65% 4,469,600 $29.7M Reduce -0.1%
PNTG The Pennant Group Inc. 1.33% 955,000 $24.0M Add +1.7%
AMWD American Woodmark Corp. 1.17% 356,900 $21.0M Add +18.5%
TCMD Tactile Systems Technology I 1.12% 1,529,000 $20.2M Reduce -8.0%
CRNC Cerence Inc. 1.12% 2,542,200 $20.1M Reduce -2.0%
PENG Penguin Solutions Inc. 1.09% 1,125,200 $19.5M Add +216.1%
JILL J. Jill Inc. 1.01% 931,462 $18.2M Add +1.1%
SIBN Si-Bone Inc. 0.99% 1,275,455 $17.9M Reduce -8.0%
QDEL Quidelortho Corp. 0.91% 469,500 $16.4M Add +570.7%
UCTT Ultra Clean Holdings Inc. 0.90% 758,200 $16.2M Add +15.2%
COHU Cohu Inc. 0.79% 967,549 $14.2M Add +101.7%
NTRA Natera Inc. 0.78% 99,800 $14.1M No change
CAL Caleres Inc. 0.71% 738,500 $12.7M Add +2.8%
EME Emcor Group Inc. 0.67% 32,475 $12.0M Reduce -1.8%
KAI Kadant Inc. 0.61% 32,400 $10.9M No change
BLDR Builders Firstsource Inc. 0.60% 85,750 $10.7M No change
NATR Natures Sunshine Prods Inc. 0.54% 768,200 $9.6M Reduce -6.2%
KTOS Kratos Defense & Security 0.51% 311,200 $9.2M Reduce -44.8%
ACLS Axcelis Technologies Inc. 0.50% 182,100 $9.0M Add +18.3%
SNX TD Synnex Corp. 0.48% 82,774 $8.6M Reduce -10.8%
FORM Formfactor Inc. 0.46% 295,500 $8.4M Add +679.7%
ATEN A10 Networks Inc. 0.39% 427,800 $7.0M No change
SMTC Semtech Corp. 0.37% 191,600 $6.6M New
PTC PTC Inc. 0.34% 40,000 $6.2M No change
XRX Xerox Holdings Corp. 0.33% 1,246,200 $6.0M Add +2392.4%
KLIC Kulicke & Soffa Industries 0.31% 171,325 $5.7M No change
ADUS Addus Homecare Corp. 0.29% 52,270 $5.2M No change
FSS Federal Signal Corp. 0.29% 70,000 $5.1M No change
NNBR NN Inc. 0.29% 2,274,300 $5.1M Add +22.5%
KFRC Kforce Inc. 0.29% 105,125 $5.1M No change
MRVL Marvell Technology Inc. 0.27% 77,900 $4.8M No change
JNJ Johnson & Johnson 0.26% 28,700 $4.8M No change
WCC Wesco International Inc. 0.26% 30,000 $4.7M No change
SW Smurfit Westrock PLC 0.25% 98,180 $4.4M Reduce -74.1%
BCC Boise Cascade Co. 0.24% 43,375 $4.3M No change
KIDS Orthopediatrics Corp. 0.23% 170,700 $4.2M Add +1607.0%
SXT Sensient Technologies Corp. 0.23% 55,675 $4.1M No change
GRMN Garmin Ltd. 0.23% 19,075 $4.1M No change
RVTY Revvity Inc. 0.23% 38,450 $4.1M Add +185.9%
TER Teradyne Inc. 0.22% 48,650 $4.0M No change
ATRC Atricure Inc. 0.22% 123,100 $4.0M Add +14.7%
MAA Mid-America Apartment Comm 0.20% 21,615 $3.6M No change
ZWS Zurn Elkay Water Solutions C 0.19% 102,300 $3.4M No change
ARLO Arlo Technologies Inc. 0.18% 336,800 $3.3M Add +18.1%
BBY Best Buy Co. Inc. 0.17% 41,900 $3.1M No change
CRS Carpenter Technology 0.16% 15,600 $2.8M No change
ITGR Integer Holdings Corp. 0.14% 22,100 $2.6M Add +426.2%
PACS Pacs Group Inc. 0.14% 230,000 $2.6M Reduce -28.1%
RDNT Radnet Inc. 0.14% 49,600 $2.5M No change
CTRN Citi Trends Inc. 0.13% 107,028 $2.4M Reduce -46.5%
PRGS Progress Software Corp. 0.13% 45,300 $2.3M No change
NEOG Neogen Corp. 0.12% 257,100 $2.2M No change
LITE Lumentum Holdings Inc. 0.12% 33,600 $2.1M No change
ZUMZ Zumiez Inc. 0.11% 133,000 $2.0M New
MASI Masimo Corp. 0.11% 11,353 $1.9M No change
QRVO Qorvo Inc. 0.10% 25,880 $1.9M No change
CL Colgate-Palmolive Co. 0.10% 19,800 $1.9M No change
GEN Gen Digital Inc. 0.10% 66,000 $1.8M No change
AEO American Eagle Outfitters 0.09% 146,775 $1.7M No change
CCRN Cross Country Healthcare Inc. 0.09% 107,700 $1.6M No change
AZTA Azenta Inc. 0.09% 45,000 $1.6M No change
MXL Maxlinear Inc. 0.08% 133,800 $1.5M Add +13.8%
AVNW Aviat Networks Inc. 0.08% 73,963 $1.4M Reduce -52.4%
GATX Gatx Corp. 0.08% 9,050 $1.4M No change
RRX Regal Rexnord Corp. 0.08% 12,200 $1.4M No change
FRME First Merchants Corp. 0.07% 32,000 $1.3M No change
P Everpure Inc. Class A filed as PURE STORAGE INC 0.07% 27,000 $1.2M No change
TTMI TTM Technologies 0.06% 53,500 $1.1M Add +23.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 4,300 $1.1M No change
ABT Abbott Laboratories 0.06% 7,900 $1.0M No change
KELYA Kelly Services Inc. Class A 0.06% 77,625 $1.0M No change
ATI Ati Inc. 0.05% 18,000 $937K No change
MYRG MYR Group Inc./Delaware 0.05% 8,000 $905K No change
CI The Cigna Group 0.05% 2,600 $855K No change
AFG American Financial Group Inc. 0.05% 6,450 $847K No change
HOFT Hooker Furnishings Corp. 0.04% 80,000 $803K New
SWKS Skyworks Solutions Inc. 0.04% 12,300 $795K No change
RNST Renasant Corp. 0.04% 22,000 $746K Add +37.5%
ADTN Adtran Holdings Inc. 0.04% 80,000 $698K Reduce -96.7%
TTEC Ttec Holdings Inc. filed as TTEC HLDGS INC 0.04% 200,000 $658K New

Show all 127 holdings

Portfolio Sells Q4 2024 → Q1 2025
SUM Summit Materials Inc. Class A Sold out 0.00% −1.99
MOD Modine Manufacturing Co. Reduce -0.1% 7.02% −1.83
ADTN Adtran Holdings Inc. Reduce -96.7% 0.04% −0.90
SW Smurfit Westrock PLC Reduce -74.1% 0.25% −0.70
TCMD Tactile Systems Technology I Reduce -8.0% 1.12% −0.20
KTOS Kratos Defense & Security Reduce -44.8% 0.51% −0.18
ANGO Angiodynamics Inc. Sold out 0.00% −0.17
OCUL Ocular Therapeutix Inc. Sold out 0.00% −0.16
ETON Eton Pharmaceuticals Inc. Sold out 0.00% −0.12
MDXG Mimedx Group Inc. Reduce -0.1% 1.98% −0.11
CTRN Citi Trends Inc. Reduce -46.5% 0.13% −0.11
TBRG Trubridge Inc. Sold out 0.00% −0.09
ONT Onterris Inc. Sold out 0.00% −0.09
AVNW Aviat Networks Inc. Reduce -52.4% 0.08% −0.05
PACS Pacs Group Inc. Reduce -28.1% 0.14% −0.05
VMD Viemed Healthcare Inc. Reduce -66.7% 0.02% −0.04
EME Emcor Group Inc. Reduce -1.8% 0.67% −0.03
SNX TD Synnex Corp. Reduce -10.8% 0.48% −0.03
ARHS Arhaus Inc. Sold out 0.00% −0.03
ATSG Air Transport Services Group Reduce -67.6% 0.01% −0.02
NATR Natures Sunshine Prods Inc. Reduce -6.2% 0.54% −0.02
PPLI People Inc. Sold out 0.00% −0.01
CMBMF Cambium Networks Corp. Reduce -2.1% 0.02% +0.00
NVRI Enviri Corp. Reduce -0.1% 1.65% +0.05
DCO Ducommun Inc. Reduce -6.2% 3.28% +0.08
SIBN Si-Bone Inc. Reduce -8.0% 0.99% +0.09
RBBN Ribbon Communications Inc. Reduce -6.2% 2.07% +0.12
CRNC Cerence Inc. Reduce -2.0% 1.12% +0.17
IART Integra Lifesciences Holding Reduce -3.2% 1.69% +0.19
OFIX Orthofix Medical Inc. Reduce -0.2% 2.25% +0.24
CALX Calix Inc. Reduce -2.8% 2.02% +0.31
FN Fabrinet Reduce -0.1% 5.83% +0.41
JBL Jabil Inc. Reduce -0.3% 4.32% +0.49
CNXC Concentrix Corp. Reduce -0.3% 2.31% +0.81

Portfolio Buys Q4 2024 → Q1 2025
PENG Penguin Solutions Inc. Add +216.1% 1.09% +0.77
QDEL Quidelortho Corp. Add +570.7% 0.91% +0.77
ENOV Enovis Corp. Add +47.5% 1.67% +0.58
ENS Enersys Add +1.1% 2.46% +0.41
FORM Formfactor Inc. Add +679.7% 0.46% +0.39
SMTC Semtech Corp. New 0.37% +0.37
ENSG The Ensign Group Inc. Add +0.2% 2.49% +0.36
XRX Xerox Holdings Corp. Add +2392.4% 0.33% +0.31
KIDS Orthopediatrics Corp. Add +1607.0% 0.23% +0.22
COHU Cohu Inc. Add +101.7% 0.79% +0.20
VECO Veeco Instruments Inc. Add +20.0% 2.65% +0.19
PNTG The Pennant Group Inc. Add +1.7% 1.33% +0.18
RVTY Revvity Inc. Add +185.9% 0.23% +0.16
ITGR Integer Holdings Corp. Add +426.2% 0.14% +0.12
ZUMZ Zumiez Inc. New 0.11% +0.11
ATRC Atricure Inc. Add +14.7% 0.22% +0.07
AMWD American Woodmark Corp. Add +18.5% 1.17% +0.06
HOFT Hooker Furnishings Corp. New 0.04% +0.04
ARLO Arlo Technologies Inc. Add +18.1% 0.18% +0.04
TTEC Ttec Holdings Inc. New 0.04% +0.04
ACH Accendra Health Inc. New 0.03% +0.03
BBW Build-A-Bear Workshop Inc. New 0.02% +0.02
RNST Renasant Corp. Add +37.5% 0.04% +0.01
TELA Tela Bio Inc. New 0.01% +0.01
TTMI TTM Technologies Add +23.0% 0.06% +0.01
NNBR NN Inc. Add +22.5% 0.29% +0.00
ACLS Axcelis Technologies Inc. Add +18.3% 0.50% +0.00
MXL Maxlinear Inc. Add +13.8% 0.08% −0.03
CAL Caleres Inc. Add +2.8% 0.71% −0.06
JILL J. Jill Inc. Add +1.1% 1.01% −0.17
EXTR Extreme Networks Inc. Add +0.7% 3.84% −0.19
UCTT Ultra Clean Holdings Inc. Add +15.2% 0.90% −0.20

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