Paradigm Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Paradigm Capital Management, LLC reported 56 stock positions worth $105.5 million. Its top holding was Vanguard Dividend Apprec ETF (VIG) at 13.6% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 9.3%) and JPMorgan Ultra-Short Income (JPST, 8.2%). Compared with Q3 2024, it opened 2 new positions, sold out of 3, added to 27 and reduced 14. The biggest buy was JPMorgan Ultra-Short Income (JPST, shares +16%) and the biggest sale Pfizer (PFE, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- RENO, NV
- CIK
- 0001910312
- Portfolio Value
- $105.5M (Q4 2024)
- SEC Filing
- 0001910312-25-000001 ↗ filed Feb 14, 2025
Holdings Value
Holdings 56 stocks · $105.5M
| VIG Vanguard Dividend Apprec ETF | 13.61% | 73,320 | $14.4M | Add +1.3% |
| VYM Vanguard High DVD Yield ETF | 9.26% | 76,598 | $9.8M | Add +1.0% |
| JPST JPMorgan Ultra-Short Income | 8.15% | 170,810 | $8.6M | Add +16.3% |
| SCHD Schwab US DVD Equity ETF | 6.01% | 232,246 | $6.3M | Add +1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.83% | 13,564 | $6.1M | Add +0.1% |
| VHT Vanguard Health Care ETF | 4.19% | 17,438 | $4.4M | Add +1.9% |
| JPM JPMorgan Chase & Co. | 3.25% | 14,304 | $3.4M | Reduce -0.3% |
| AAPL Apple Inc. | 2.95% | 12,427 | $3.1M | Reduce -0.0% |
| GOOG Alphabet Inc. Class C | 2.69% | 14,913 | $2.8M | Add +1.4% |
| MSFT Microsoft Corp. | 2.43% | 6,072 | $2.6M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 2.28% | 24,171 | $2.4M | Add +4.6% |
| PFE Pfizer Inc. | 2.16% | 86,078 | $2.3M | Reduce -7.1% |
| VZ Verizon Communications Inc. | 2.15% | 56,624 | $2.3M | Add +5.6% |
| KMI Kinder Morgan Inc. | 2.13% | 82,102 | $2.3M | Add +0.6% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 2.12% | 94,680 | $2.2M | Add +10.1% |
| CVX Chevron Corp. | 1.91% | 13,918 | $2.0M | Add +1.8% |
| USB US Bancorp | 1.85% | 40,723 | $1.9M | Reduce -0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.50% | 36,007 | $1.6M | Add +0.1% |
| MO Altria Group Inc. | 1.47% | 29,718 | $1.6M | Add +7.5% |
| XOM Exxon Mobil Corp. | 1.45% | 14,244 | $1.5M | Add +1.6% |
| JNJ Johnson & Johnson | 1.45% | 10,555 | $1.5M | Add +1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.29% | 2,316 | $1.4M | Add +16.4% |
| SCHG Schwab US Large-Cap Growth | 1.26% | 47,569 | $1.3M | Add +12.8% |
| T AT&T Inc. | 1.24% | 57,626 | $1.3M | Reduce -0.2% |
| TFC Truist Financial Corp. | 1.24% | 30,245 | $1.3M | Add +0.2% |
| MET Metlife Inc. | 1.15% | 14,850 | $1.2M | Reduce -0.1% |
| V Visa Inc. Class A | 1.13% | 3,758 | $1.2M | Reduce -0.0% |
| GS Goldman Sachs Group Inc. | 0.98% | 1,813 | $1.0M | Reduce -0.1% |
| AMGN Amgen Inc. | 0.88% | 3,575 | $932K | Add +0.3% |
| PM Philip Morris International | 0.85% | 7,479 | $901K | Add +0.3% |
| MCD McDonald's Corp. | 0.84% | 3,075 | $891K | No change |
| DUK Duke Energy Corp. | 0.69% | 6,797 | $732K | Add +3.4% |
| AIG American International Group | 0.62% | 9,001 | $655K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.62% | 1,277 | $653K | Add +13.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.60% | 2,202 | $638K | No change |
| XLE SS Energy Select Sector | 0.58% | 7,138 | $611K | Add +0.2% |
| META Meta Platforms Inc. Class A | 0.56% | 1,015 | $594K | No change |
| SCHW Schwab (charles) Corp. | 0.55% | 7,875 | $583K | Reduce -4.8% |
| COST Costco Wholesale Corp. | 0.54% | 625 | $573K | No change |
| VTRS Viatris Inc. | 0.44% | 37,414 | $466K | Reduce -1.1% |
| AMZN Amazon.com Inc. | 0.43% | 2,075 | $455K | No change |
| HD Home Depot Inc. | 0.43% | 1,165 | $453K | No change |
| PEP Pepsico Inc. | 0.43% | 2,975 | $452K | Reduce -0.2% |
| VTS Vitesse Energy Inc. | 0.40% | 17,025 | $426K | Add +9.7% |
| F Ford Motor Co. filed as FORD MTR CO | 0.40% | 42,400 | $420K | Add +1.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.37% | 911 | $388K | Reduce -1.1% |
| CB Chubb Ltd. | 0.36% | 1,390 | $384K | Add +11.7% |
| LLY Eli Lilly & Co. | 0.35% | 480 | $371K | No change |
| TSLA Tesla Inc. | 0.29% | 756 | $305K | New |
| OKE Oneok Inc. | 0.29% | 3,016 | $303K | No change |
| CSCO Cisco Systems Inc. | 0.28% | 4,955 | $293K | Reduce -3.8% |
| NVS Novartis AG-Sponsored ADR | 0.27% | 2,945 | $287K | No change |
| WFC Wells Fargo & Co. | 0.26% | 3,914 | $275K | No change |
| CEF Sprott Physical Gold and Sil | 0.21% | 9,395 | $223K | New |
| VXUS Vanguard Total Intl Stock | 0.20% | 3,500 | $206K | No change |
| BLE BlackRock Muni Inc. TR II | 0.10% | 10,000 | $105K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,238 | $1.5M | Add +77.9% |
Total filed on the 13F, all lines: $107.0M.
Portfolio Sells Q3 2024 → Q4 2024
| PFE Pfizer Inc. | Reduce -7.1% | 2.16% | −0.43 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.22 |
| WPM Wheaton Precious Metals Corp. | Sold out | 0.00% | −0.21 |
| RTX RTX Corp. | Sold out | 0.00% | −0.20 |
| MSFT Microsoft Corp. | Reduce -0.1% | 2.43% | −0.10 |
| PEP Pepsico Inc. | Reduce -0.2% | 0.43% | −0.06 |
| MET Metlife Inc. | Reduce -0.1% | 1.15% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -1.1% | 0.37% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -3.8% | 0.28% | +0.01 |
| T AT&T Inc. | Reduce -0.2% | 1.24% | +0.01 |
| VTRS Viatris Inc. | Reduce -1.1% | 0.44% | +0.02 |
| USB US Bancorp | Reduce -0.7% | 1.85% | +0.03 |
| SCHW Schwab (charles) Corp. | Reduce -4.8% | 0.55% | +0.03 |
| GS Goldman Sachs Group Inc. | Reduce -0.1% | 0.98% | +0.11 |
| V Visa Inc. Class A | Reduce -0.0% | 1.13% | +0.13 |
| AAPL Apple Inc. | Reduce -0.0% | 2.95% | +0.15 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 3.25% | +0.32 |
Portfolio Buys Q3 2024 → Q4 2024
| JPST JPMorgan Ultra-Short Income | Add +16.3% | 8.15% | +0.94 |
| KMI Kinder Morgan Inc. | Add +0.6% | 2.13% | +0.39 |
| GOOG Alphabet Inc. Class C | Add +1.4% | 2.69% | +0.31 |
| TSLA Tesla Inc. | New | 0.29% | +0.29 |
| CEF Sprott Physical Gold and Sil | New | 0.21% | +0.21 |
| SCHG Schwab US Large-Cap Growth | Add +12.8% | 1.26% | +0.19 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +16.4% | 1.29% | +0.18 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +10.1% | 2.12% | +0.14 |
| BAC Bank of America Corp. | Add +0.1% | 1.50% | +0.12 |
| MO Altria Group Inc. | Add +7.5% | 1.47% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +13.3% | 0.62% | +0.09 |
| VTS Vitesse Energy Inc. | Add +9.7% | 0.40% | +0.04 |
| CB Chubb Ltd. | Add +11.7% | 0.36% | +0.02 |
| TFC Truist Financial Corp. | Add +0.2% | 1.24% | −0.01 |
| PM Philip Morris International | Add +0.3% | 0.85% | −0.02 |
| XLE SS Energy Select Sector | Add +0.2% | 0.58% | −0.03 |
| F Ford Motor Co. | Add +1.8% | 0.40% | −0.03 |
| CVX Chevron Corp. | Add +1.8% | 1.91% | −0.04 |
| DUK Duke Energy Corp. | Add +3.4% | 0.69% | −0.04 |
| XOM Exxon Mobil Corp. | Add +1.6% | 1.45% | −0.14 |
| VYM Vanguard High DVD Yield ETF | Add +1.0% | 9.26% | −0.15 |
| VZ Verizon Communications Inc. | Add +5.6% | 2.15% | −0.18 |
| JNJ Johnson & Johnson | Add +1.2% | 1.45% | −0.19 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 5.83% | −0.20 |
| AMGN Amgen Inc. | Add +0.3% | 0.88% | −0.23 |
| SCHD Schwab US DVD Equity ETF | Add +1.4% | 6.01% | −0.23 |
| MRK Merck & Co. Inc. | Add +4.6% | 2.28% | −0.26 |
| VIG Vanguard Dividend Apprec ETF | Add +1.3% | 13.61% | −0.27 |
| VHT Vanguard Health Care ETF | Add +1.9% | 4.19% | −0.48 |
Notes & Other Activity Q3 2024 → Q4 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +77.9% | 1,238 | $1.5M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 64 | $115.1M | VIG, JPST, VYM, SCHD, VHT |
| Q1 2026 | 58 | $108.0M | JPST, VIG, VYM, SCHD, BRK.B |
| Q4 2025 | 62 | $106.4M | VIG, JPST, VYM, BRK.B, VHT |
| Q3 2025 | 59 | $99.7M | VIG, JPST, VYM, BRK.B, SCHD |
| Q2 2025 | 59 | $99.9M | VIG, JPST, VYM, BRK.B, SCHD |
| Q1 2025 | 54 | $96.3M | VIG, JPST, VYM, BRK.B, SCHD |
| Q4 2024 | 56 | $105.5M | VIG, VYM, JPST, SCHD, BRK.B |
| Q3 2024 | 57 | $103.4M | VIG, VYM, JPST, SCHD, BRK.B |