Paragon Advisors, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Paragon Advisors, LLC reported 81 stock positions worth $383.0 million. Its top holding was First Trust Enh Short Mat FD (FTSM) at 16.7% of the portfolio, followed by Proshares Ultrapro QQQ (TQQQ, 9.1%) and iShares Bitcoin Trust ETF (IBIT, 7.5%). Compared with Q1 2025, it opened 8 new positions, sold out of 12, added to 44 and reduced 24. The biggest buy was a new position in First Trust Enh Short Mat FD (FTSM) and the biggest sale Avantis US Small Cap Value (AVUV, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- COLLEGE STATION, TX
- CIK
- 0001799719
- Portfolio Value
- $383.0M (Q2 2025)
- SEC Filing
- 0001799719-25-000005 ↗ filed Jul 30, 2025
Holdings Value
Holdings 81 stocks · $383.0M
| FTSM First Trust Enh Short Mat FD | 16.66% | 1,065,893 | $63.8M | New |
| TQQQ Proshares Ultrapro QQQ | 9.05% | 417,732 | $34.7M | Add +29.3% |
| IBIT iShares Bitcoin Trust ETF | 7.54% | 471,755 | $28.9M | Add +10.4% |
| TSM Taiwan Semiconductor-SP ADR | 4.23% | 71,510 | $16.2M | Add +34.5% |
| NVDA Nvidia Corp. | 3.91% | 94,818 | $15.0M | Add +4.0% |
| JPST JPMorgan Ultra-Short Income | 3.35% | 253,330 | $12.8M | Add +22.0% |
| MSFT Microsoft Corp. | 2.55% | 19,618 | $9.8M | Add +43.5% |
| GOOGL Alphabet Inc. Class A | 2.42% | 52,610 | $9.3M | Add +104.8% |
| JAAA Janus Henderson Aaa Clo ETF | 2.35% | 177,501 | $9.0M | Reduce -35.9% |
| AVGO Broadcom Inc. | 2.20% | 30,593 | $8.4M | Add +61.4% |
| META Meta Platforms Inc. Class A | 2.15% | 11,140 | $8.2M | Add +28.1% |
| NOW ServiceNow Inc. | 1.99% | 7,394 | $7.6M | Add +83.3% |
| AMZN Amazon.com Inc. | 1.96% | 34,264 | $7.5M | Add +93.2% |
| AVGE Avantis All Eqty Mrkts ETF | 1.84% | 90,854 | $7.0M | Reduce -36.8% |
| ASML ASML Holding NV-NY Reg SHS | 1.57% | 7,487 | $6.0M | Reduce -6.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.52% | 11,430 | $5.8M | Add +51.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.50% | 9,295 | $5.7M | Add +120.8% |
| LLY Eli Lilly & Co. | 1.31% | 6,447 | $5.0M | Add +1.2% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 1.29% | 153,948 | $4.9M | Add +8.6% |
| TCAF T Rowe PRC Cap Appreciation | 1.28% | 139,461 | $4.9M | Add +8.0% |
| MOAT Vaneck Morningstar Wide Moat | 1.27% | 52,012 | $4.9M | Add +15.3% |
| ANET Arista Networks Inc. | 1.26% | 47,042 | $4.8M | New |
| JBBB Janus Henderson B-BBB Clo Et | 1.20% | 94,969 | $4.6M | Reduce -33.0% |
| LNG Cheniere Energy Inc. | 1.18% | 18,562 | $4.5M | Add +45.3% |
| AAPL Apple Inc. | 1.14% | 21,297 | $4.4M | Add +162.3% |
| IGM iShares Expanded Tech Sector | 1.11% | 37,958 | $4.3M | New |
| PLTR Palantir Technologies Inc. Class A | 1.02% | 28,770 | $3.9M | Add +16.3% |
| PGR Progressive Corp. | 1.01% | 14,511 | $3.9M | Reduce -4.3% |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | 0.96% | 54,609 | $3.7M | Reduce -33.0% |
| MPWR Monolithic Power Systems Inc. | 0.88% | 4,607 | $3.4M | Add +47.9% |
| VEEV Veeva Systems Inc. Class A | 0.86% | 11,445 | $3.3M | Reduce -4.1% |
| MELI MercadoLibre Inc. | 0.83% | 1,217 | $3.2M | Add +19.6% |
| USHY iShares Broad Usd High Yield | 0.82% | 83,251 | $3.1M | Reduce -34.5% |
| EMB iShares JP Morgan Usd Emergi | 0.82% | 33,715 | $3.1M | Reduce -35.4% |
| ARES Ares Management Corp. Class A | 0.81% | 17,960 | $3.1M | Add +41.3% |
| FBND Fidelity Total Bond ETF | 0.81% | 67,449 | $3.1M | Reduce -36.8% |
| IAGG iShares Intl Aggregate Bond | 0.80% | 60,037 | $3.1M | Reduce -35.3% |
| TDG Transdigm Group Inc. | 0.78% | 1,969 | $3.0M | Add +9.4% |
| SMH Vaneck Semiconductor ETF | 0.76% | 10,483 | $2.9M | Add +14.1% |
| TSLA Tesla Inc. | 0.75% | 9,051 | $2.9M | Add +75.0% |
| RACE Ferrari NV | 0.74% | 5,753 | $2.8M | Add +14.5% |
| CTAS Cintas Corp. | 0.73% | 12,591 | $2.8M | Reduce -0.5% |
| CDNS Cadence Design SYS Inc. | 0.72% | 8,969 | $2.8M | Add +16.7% |
| EPD Enterprise Products Partners | 0.60% | 74,279 | $2.3M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.58% | 2,225 | $2.2M | Add +3.2% |
| COWZ Pacer US Cash Cows 100 ETF | 0.57% | 39,666 | $2.2M | Add +10.7% |
| WING Wingstop Inc. | 0.48% | 5,458 | $1.8M | Add +18.0% |
| ODFL Old Dominion Freight Line | 0.48% | 11,271 | $1.8M | Add +11.0% |
| UNH Unitedhealth Group Inc. | 0.47% | 5,726 | $1.8M | Reduce -6.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.46% | 3,623 | $1.8M | Add +2.5% |
| CPRT Copart Inc. | 0.46% | 35,723 | $1.8M | Reduce -2.0% |
| ORLY O'reilly Automotive Inc. | 0.45% | 19,077 | $1.7M | Reduce -1.0% |
| AUR Aurora Innovation Inc. | 0.36% | 264,074 | $1.4M | New |
| EDV Vanguard Extended Dur Treas | 0.25% | 14,488 | $975K | Reduce -36.0% |
| AVDE Avantis International Equity | 0.23% | 12,102 | $896K | Reduce -11.8% |
| AVNM Avantis All Intl MKTS Eq ETF | 0.20% | 11,574 | $756K | Add +4.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.19% | 1 | $729K | No change |
| AVUS Avantis U.S. Equity ETF | 0.18% | 7,029 | $709K | Reduce -1.9% |
| ITOT iShares Core S&P Total U.S. | 0.17% | 4,889 | $660K | Add +57.7% |
| SHW The Sherwin-Williams Co. | 0.16% | 1,815 | $623K | Reduce -0.1% |
| IJT iShares S&P Small-Cap 600 GR | 0.15% | 4,327 | $576K | Reduce -4.8% |
| AVDV Avantis Intl S/C Value ETF | 0.14% | 6,758 | $536K | Reduce -30.2% |
| AVUV Avantis US Small Cap Value | 0.14% | 5,861 | $534K | Reduce -96.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 1,647 | $500K | Add +14.6% |
| FFIN First Finl Bankshares Inc. | 0.11% | 12,143 | $437K | No change |
| VOO Vanguard S&P 500 ETF | 0.10% | 699 | $397K | Add +1.9% |
| URI United Rentals Inc. | 0.09% | 453 | $341K | New |
| XOM Exxon Mobil Corp. | 0.08% | 2,941 | $317K | Reduce -35.9% |
| IVV iShares Core S&P 500 ETF | 0.08% | 505 | $314K | Reduce -67.7% |
| GLD SPDR Gold Shares | 0.07% | 914 | $279K | Add +1.1% |
| SCHG Schwab US Large-Cap Growth | 0.07% | 9,460 | $276K | Add +8.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.07% | 622 | $273K | Add +7.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.07% | 4,015 | $270K | Add +1.7% |
| NET Cloudflare Inc. Class A | 0.07% | 1,342 | $263K | New |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.07% | 1,290 | $251K | Add +2.8% |
| SGOL Abrdn Physical Gold Shares | 0.06% | 7,863 | $248K | Add +0.1% |
| GLDM SPDR Gold Minishares Trust | 0.06% | 3,738 | $245K | No change |
| HD Home Depot Inc. | 0.06% | 618 | $227K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.05% | 373 | $206K | New |
| AVMV Avantis US Mid Cap Val ETF | 0.05% | 3,120 | $204K | New |
| WEST Westrock Coffee Co. | 0.02% | 13,761 | $79K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| AVUV Avantis US Small Cap Value | Reduce -96.8% | 0.14% | −5.83 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -35.9% | 2.35% | −2.96 |
| AVGE Avantis All Eqty Mrkts ETF | Reduce -36.8% | 1.84% | −2.03 |
| JBBB Janus Henderson B-BBB Clo Et | Reduce -33.0% | 1.20% | −1.41 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Reduce -33.0% | 0.96% | −1.25 |
| FBND Fidelity Total Bond ETF | Reduce -36.8% | 0.81% | −1.04 |
| EMB iShares JP Morgan Usd Emergi | Reduce -35.4% | 0.82% | −0.97 |
| USHY iShares Broad Usd High Yield | Reduce -34.5% | 0.82% | −0.95 |
| IAGG iShares Intl Aggregate Bond | Reduce -35.3% | 0.80% | −0.95 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.79 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −0.75 |
| UNH Unitedhealth Group Inc. | Reduce -6.0% | 0.47% | −0.74 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −0.67 |
| PGR Progressive Corp. | Reduce -4.3% | 1.01% | −0.61 |
| WST West Pharmaceutical Services | Sold out | 0.00% | −0.57 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −0.57 |
| RXST Rxsight Inc. | Sold out | 0.00% | −0.46 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -6.3% | 1.57% | −0.43 |
| EDV Vanguard Extended Dur Treas | Reduce -36.0% | 0.25% | −0.35 |
| CPRT Copart Inc. | Reduce -2.0% | 0.46% | −0.32 |
| CTAS Cintas Corp. | Reduce -0.5% | 0.73% | −0.25 |
| IVV iShares Core S&P 500 ETF | Reduce -67.7% | 0.08% | −0.25 |
| ORLY O'reilly Automotive Inc. | Reduce -1.0% | 0.45% | −0.25 |
| SCHF Schwab Intl Equity ETF | Sold out | 0.00% | −0.19 |
| VEEV Veeva Systems Inc. Class A | Reduce -4.1% | 0.86% | −0.18 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.17 |
| XOM Exxon Mobil Corp. | Reduce -35.9% | 0.08% | −0.12 |
| AVDV Avantis Intl S/C Value ETF | Reduce -30.2% | 0.14% | −0.12 |
| AVDE Avantis International Equity | Reduce -11.8% | 0.23% | −0.11 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.10 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.08 |
| SHW The Sherwin-Williams Co. | Reduce -0.1% | 0.16% | −0.08 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.08 |
| AVUS Avantis U.S. Equity ETF | Reduce -1.9% | 0.18% | −0.07 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -4.8% | 0.15% | −0.06 |
| REAL BROKERAGE INC/THE | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| FTSM First Trust Enh Short Mat FD | New | 16.66% | +16.66 |
| TQQQ Proshares Ultrapro QQQ | Add +29.3% | 9.05% | +2.06 |
| ANET Arista Networks Inc. | New | 1.26% | +1.26 |
| IGM iShares Expanded Tech Sector | New | 1.11% | +1.11 |
| AVGO Broadcom Inc. | Add +61.4% | 2.20% | +1.00 |
| GOOGL Alphabet Inc. Class A | Add +104.8% | 2.42% | +0.92 |
| TSM Taiwan Semiconductor-SP ADR | Add +34.5% | 4.23% | +0.89 |
| NOW ServiceNow Inc. | Add +83.3% | 1.99% | +0.77 |
| AMZN Amazon.com Inc. | Add +93.2% | 1.96% | +0.69 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +120.8% | 1.50% | +0.61 |
| MSFT Microsoft Corp. | Add +43.5% | 2.55% | +0.61 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +51.2% | 1.52% | +0.51 |
| AAPL Apple Inc. | Add +162.3% | 1.14% | +0.46 |
| AUR Aurora Innovation Inc. | New | 0.36% | +0.36 |
| META Meta Platforms Inc. Class A | Add +28.1% | 2.15% | +0.25 |
| TSLA Tesla Inc. | Add +75.0% | 0.75% | +0.24 |
| PLTR Palantir Technologies Inc. Class A | Add +16.3% | 1.02% | +0.23 |
| MPWR Monolithic Power Systems Inc. | Add +47.9% | 0.88% | +0.20 |
| NVDA Nvidia Corp. | Add +4.0% | 3.91% | +0.17 |
| ARES Ares Management Corp. Class A | Add +41.3% | 0.81% | +0.11 |
| URI United Rentals Inc. | New | 0.09% | +0.09 |
| WING Wingstop Inc. | Add +18.0% | 0.48% | +0.09 |
| MELI MercadoLibre Inc. | Add +19.6% | 0.83% | +0.08 |
| NET Cloudflare Inc. Class A | New | 0.07% | +0.07 |
| LNG Cheniere Energy Inc. | Add +45.3% | 1.18% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.05% | +0.05 |
| AVMV Avantis US Mid Cap Val ETF | New | 0.05% | +0.05 |
| ITOT iShares Core S&P Total U.S. | Add +57.7% | 0.17% | +0.03 |
| SMH Vaneck Semiconductor ETF | Add +14.1% | 0.76% | +0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +7.2% | 0.07% | −0.01 |
| SCHG Schwab US Large-Cap Growth | Add +8.1% | 0.07% | −0.01 |
| CDNS Cadence Design SYS Inc. | Add +16.7% | 0.72% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +14.6% | 0.13% | −0.02 |
| IBIT iShares Bitcoin Trust ETF | Add +10.4% | 7.54% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.7% | 0.07% | −0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +2.8% | 0.07% | −0.02 |
| SGOL Abrdn Physical Gold Shares | Add +0.1% | 0.06% | −0.02 |
| GLD SPDR Gold Shares | Add +1.1% | 0.07% | −0.03 |
| VOO Vanguard S&P 500 ETF | Add +1.9% | 0.10% | −0.03 |
| AVNM Avantis All Intl MKTS Eq ETF | Add +4.6% | 0.20% | −0.05 |
| RACE Ferrari NV | Add +14.5% | 0.74% | −0.08 |
| ODFL Old Dominion Freight Line | Add +11.0% | 0.48% | −0.16 |
| TDG Transdigm Group Inc. | Add +9.4% | 0.78% | −0.16 |
| COWZ Pacer US Cash Cows 100 ETF | Add +10.7% | 0.57% | −0.17 |
| COST Costco Wholesale Corp. | Add +3.2% | 0.58% | −0.20 |
| MOAT Vaneck Morningstar Wide Moat | Add +15.3% | 1.27% | −0.23 |
| CGGO Cap Group Global Growth | Add +8.6% | 1.29% | −0.23 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.5% | 0.46% | −0.25 |
| TCAF T Rowe PRC Cap Appreciation | Add +8.0% | 1.28% | −0.29 |
| EPD Enterprise Products Partners | Add +0.0% | 0.60% | −0.36 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 77 | $476.1M | QQQM, BTC, TQQQ, AVGO, TSM |
| Q1 2026 | 76 | $370.8M | QQQM, BTC, TQQQ, AVGO, NVDA |
| Q4 2025 | 81 | $368.1M | QQQM, BTC, AVGO, NVDA, QQQ |
| Q3 2025 | 77 | $387.0M | QQQ, JPST, IBIT, NVDA, JAAA |
| Q2 2025 | 81 | $383.0M | FTSM, TQQQ, IBIT, TSM, NVDA |
| Q1 2025 | 85 | $264.5M | IBIT, TQQQ, AVUV, JAAA, JPST |
| Q4 2024 | 81 | $291.5M | IBIT, JPST, AVUV, JAAA, TQQQ |
| Q3 2024 | 77 | $307.8M | TQQQ, SPY, AVUV, IBIT, JAAA |
| Q2 2024 | 72 | $274.2M | TQQQ, AVUV, AVGE, JAAA, IBIT |
| Q1 2024 | 76 | $248.2M | TQQQ, AVUV, AVGE, BITO, JAAA |