Paragon Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 12, 2026), Paragon Advisors, LLC reported 81 stock positions worth $368.1 million. Its top holding was Invesco Nasdaq 100 ETF (QQQM) at 18.5% of the portfolio, followed by Grayscale Bitcoin Mini ETF (BTC, 7.0%) and Broadcom (AVGO, 4.7%). Compared with Q3 2025, it opened 7 new positions, sold out of 3, added to 44 and reduced 23. The biggest buy was a new position in Invesco Nasdaq 100 ETF (QQQM) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −82%).
- Most Recent 13F
- Q2 2026
- Location
- COLLEGE STATION, TX
- CIK
- 0001799719
- Portfolio Value
- $368.1M (Q4 2025)
- SEC Filing
- 0001799719-26-000002 ↗ filed Jan 12, 2026
Holdings Value
Holdings 81 stocks · $368.1M
| QQQM Invesco Nasdaq 100 ETF | 18.53% | 269,648 | $68.2M | New |
| BTC Grayscale Bitcoin Mini ETF | 7.04% | 669,058 | $25.9M | New |
| AVGO Broadcom Inc. | 4.66% | 49,528 | $17.1M | Add +121.7% |
| NVDA Nvidia Corp. | 4.10% | 80,822 | $15.1M | Add +10.4% |
| QQQ Invesco QQQ Trust Series 1 | 3.77% | 22,583 | $13.9M | Reduce -82.1% |
| JAAA Janus Henderson Aaa Clo ETF | 2.89% | 210,504 | $10.6M | Add +2.1% |
| MSFT Microsoft Corp. | 2.69% | 20,456 | $9.9M | Add +5.2% |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | 2.66% | 152,340 | $9.8M | Add +5.6% |
| TSM Taiwan Semiconductor-SP ADR | 2.62% | 31,719 | $9.6M | Reduce -6.8% |
| TQQQ Proshares Ultrapro QQQ | 2.10% | 146,543 | $7.7M | Add +2.3% |
| GOOGL Alphabet Inc. Class A | 2.07% | 24,352 | $7.6M | Add +24.7% |
| META Meta Platforms Inc. Class A | 1.92% | 10,692 | $7.1M | Add +6.7% |
| IBIT iShares Bitcoin Trust ETF | 1.79% | 133,016 | $6.6M | Reduce -73.0% |
| AMZN Amazon.com Inc. | 1.78% | 28,360 | $6.5M | Add +2.4% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 1.66% | 176,224 | $6.1M | Add +25.1% |
| TCAF T Rowe PRC Cap Appreciation | 1.66% | 159,736 | $6.1M | Add +24.4% |
| ANET Arista Networks Inc. | 1.52% | 42,740 | $5.6M | Add +19.2% |
| LLY Eli Lilly & Co. | 1.47% | 5,042 | $5.4M | Add +7.1% |
| AVGE Avantis All Eqty Mrkts ETF | 1.47% | 62,817 | $5.4M | Reduce -22.8% |
| IGM iShares Expanded Tech Sector | 1.35% | 38,584 | $5.0M | Reduce -6.8% |
| NOW ServiceNow Inc. | 1.35% | 32,345 | $5.0M | Add +34.6% |
| ASML ASML Holding NV-NY Reg SHS | 1.29% | 4,451 | $4.8M | Add +0.5% |
| LNG Cheniere Energy Inc. | 1.19% | 22,589 | $4.4M | Add +10.3% |
| MOAT Vaneck Morningstar Wide Moat | 1.17% | 41,433 | $4.3M | Reduce -12.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.16% | 9,137 | $4.3M | Add +22.8% |
| EMB iShares JP Morgan Usd Emergi | 1.13% | 43,297 | $4.2M | Add +4.5% |
| USHY iShares Broad Usd High Yield | 1.12% | 110,680 | $4.1M | Add +3.6% |
| JBBB Janus Henderson B-BBB Clo Et | 1.12% | 86,240 | $4.1M | Add +2.7% |
| FBND Fidelity Total Bond ETF | 1.11% | 88,638 | $4.1M | Add +4.0% |
| IAGG iShares Intl Aggregate Bond | 1.11% | 81,498 | $4.1M | Add +3.4% |
| APH Amphenol Corp. Class A | 1.10% | 29,972 | $4.1M | Add +60.5% |
| AUR Aurora Innovation Inc. | 0.96% | 921,134 | $3.5M | Add +71.8% |
| PLTR Palantir Technologies Inc. Class A | 0.94% | 19,538 | $3.5M | Add +18.4% |
| SMH Vaneck Semiconductor ETF | 0.89% | 9,105 | $3.3M | Reduce -28.8% |
| APP AppLovin Corp. Class A | 0.88% | 4,820 | $3.2M | Add +24.4% |
| MELI MercadoLibre Inc. | 0.83% | 1,521 | $3.1M | Add +13.2% |
| MPWR Monolithic Power Systems Inc. | 0.81% | 3,296 | $3.0M | Add +6.2% |
| AVUV Avantis US Small Cap Value | 0.77% | 27,946 | $2.8M | Reduce -49.3% |
| ALAB Astera Labs Inc. | 0.76% | 16,732 | $2.8M | Add +79.1% |
| PGR Progressive Corp. | 0.74% | 12,029 | $2.7M | Add +2.7% |
| IXP iShares Global Comm Services | 0.71% | 21,567 | $2.6M | New |
| IGV iShares Expanded Tech-Softwa | 0.70% | 24,438 | $2.6M | New |
| TDG Transdigm Group Inc. | 0.68% | 1,871 | $2.5M | Add +5.6% |
| ARES Ares Management Corp. Class A | 0.64% | 14,587 | $2.4M | Add +5.5% |
| CDNS Cadence Design SYS Inc. | 0.63% | 7,408 | $2.3M | Add +5.2% |
| TSLA Tesla Inc. | 0.62% | 5,047 | $2.3M | Add +7.0% |
| EPD Enterprise Products Partners | 0.61% | 70,288 | $2.3M | Reduce -2.8% |
| CRWV Coreweave Inc. Class A | 0.57% | 29,539 | $2.1M | Add +88.5% |
| VEEV Veeva Systems Inc. Class A | 0.55% | 9,116 | $2.0M | Add +5.9% |
| AVDV Avantis Intl S/C Value ETF | 0.55% | 21,477 | $2.0M | Reduce -49.3% |
| COWZ Pacer US Cash Cows 100 ETF | 0.51% | 31,322 | $1.9M | Reduce -30.3% |
| CTAS Cintas Corp. | 0.50% | 9,710 | $1.8M | Add +6.1% |
| RACE Ferrari NV | 0.48% | 4,744 | $1.8M | Add +6.1% |
| AAPL Apple Inc. | 0.45% | 6,106 | $1.7M | Reduce -2.2% |
| GEV GE Vernova Inc. | 0.39% | 2,217 | $1.4M | Add +47.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.35% | 2,563 | $1.3M | No change |
| WING Wingstop Inc. | 0.30% | 4,567 | $1.1M | Add +6.5% |
| FTSM First Trust Enh Short Mat FD | 0.24% | 14,590 | $874K | Reduce -22.2% |
| JPST JPMorgan Ultra-Short Income | 0.24% | 17,259 | $873K | Reduce -98.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.21% | 1 | $755K | No change |
| EDV Vanguard Extended Dur Treas | 0.20% | 11,363 | $739K | Reduce -2.0% |
| ITOT iShares Core S&P Total U.S. | 0.14% | 3,444 | $512K | Reduce -24.2% |
| SHW The Sherwin-Williams Co. | 0.13% | 1,512 | $490K | Reduce -16.7% |
| VOO Vanguard S&P 500 ETF | 0.12% | 710 | $445K | Add +3.2% |
| AOM iShares Core 40/60 Moderate | 0.11% | 8,751 | $418K | New |
| FFIN First Finl Bankshares Inc. | 0.10% | 12,249 | $366K | Reduce -1.3% |
| GLD SPDR Gold Shares | 0.10% | 904 | $358K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.09% | 4,503 | $331K | Add +10.8% |
| SGOL Abrdn Physical Gold Shares | 0.09% | 7,845 | $322K | Reduce -0.0% |
| GLDM SPDR Gold Minishares Trust | 0.09% | 3,738 | $319K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 938 | $315K | Add +3.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 437 | $298K | Reduce -71.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.08% | 596 | $291K | Reduce -9.2% |
| AVMV Avantis US Mid Cap Val ETF | 0.07% | 3,716 | $265K | Add +19.1% |
| AVUS Avantis U.S. Equity ETF | 0.07% | 2,342 | $262K | Reduce -57.3% |
| VNLA Janus Henderson Short Durati | 0.07% | 5,081 | $250K | New |
| AMD Advanced Micro Devices | 0.07% | 1,162 | $249K | New |
| AVDE Avantis International Equity | 0.07% | 2,910 | $240K | Reduce -69.0% |
| HD Home Depot Inc. | 0.06% | 618 | $213K | No change |
| NET Cloudflare Inc. Class A | 0.06% | 1,074 | $212K | No change |
| WEST Westrock Coffee Co. | 0.02% | 21,326 | $87K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | Reduce -82.1% | 3.77% | −15.82 |
| JPST JPMorgan Ultra-Short Income | Reduce -98.1% | 0.24% | −11.71 |
| IBIT iShares Bitcoin Trust ETF | Reduce -73.0% | 1.79% | −6.49 |
| AVUV Avantis US Small Cap Value | Reduce -49.3% | 0.77% | −0.64 |
| AVDV Avantis Intl S/C Value ETF | Reduce -49.3% | 0.55% | −0.43 |
| AVGE Avantis All Eqty Mrkts ETF | Reduce -22.8% | 1.47% | −0.29 |
| JMST JPM Ultra-Short Muni Income | Sold out | 0.00% | −0.20 |
| SMH Vaneck Semiconductor ETF | Reduce -28.8% | 0.89% | −0.19 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -71.8% | 0.08% | −0.19 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -30.3% | 0.51% | −0.16 |
| IJT iShares S&P Small-Cap 600 GR | Sold out | 0.00% | −0.13 |
| AVDE Avantis International Equity | Reduce -69.0% | 0.07% | −0.13 |
| AVUS Avantis U.S. Equity ETF | Reduce -57.3% | 0.07% | −0.08 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.07 |
| FTSM First Trust Enh Short Mat FD | Reduce -22.2% | 0.24% | −0.05 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -12.2% | 1.17% | −0.04 |
| ITOT iShares Core S&P Total U.S. | Reduce -24.2% | 0.14% | −0.03 |
| SHW The Sherwin-Williams Co. | Reduce -16.7% | 0.13% | −0.03 |
| FFIN First Finl Bankshares Inc. | Reduce -1.3% | 0.10% | −0.01 |
| EDV Vanguard Extended Dur Treas | Reduce -2.0% | 0.20% | −0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -9.2% | 0.08% | −0.00 |
| IGM iShares Expanded Tech Sector | Reduce -6.8% | 1.35% | +0.01 |
| SGOL Abrdn Physical Gold Shares | Reduce -0.0% | 0.09% | +0.01 |
| EPD Enterprise Products Partners | Reduce -2.8% | 0.61% | +0.03 |
| AAPL Apple Inc. | Reduce -2.2% | 0.45% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -6.8% | 2.62% | +0.16 |
Portfolio Buys Q3 2025 → Q4 2025
| QQQM Invesco Nasdaq 100 ETF | New | 18.53% | +18.53 |
| BTC Grayscale Bitcoin Mini ETF | New | 7.04% | +7.04 |
| AVGO Broadcom Inc. | Add +121.7% | 4.66% | +2.75 |
| GOOGL Alphabet Inc. Class A | Add +24.7% | 2.07% | +0.84 |
| IXP iShares Global Comm Services | New | 0.71% | +0.71 |
| IGV iShares Expanded Tech-Softwa | New | 0.70% | +0.70 |
| NVDA Nvidia Corp. | Add +10.4% | 4.10% | +0.56 |
| LLY Eli Lilly & Co. | Add +7.1% | 1.47% | +0.54 |
| APH Amphenol Corp. Class A | Add +60.5% | 1.10% | +0.50 |
| CGGO Cap Group Global Growth | Add +25.1% | 1.66% | +0.41 |
| TCAF T Rowe PRC Cap Appreciation | Add +24.4% | 1.66% | +0.41 |
| ALAB Astera Labs Inc. | Add +79.1% | 0.76% | +0.28 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +22.8% | 1.16% | +0.22 |
| AUR Aurora Innovation Inc. | Add +71.8% | 0.96% | +0.21 |
| AMZN Amazon.com Inc. | Add +2.4% | 1.78% | +0.21 |
| NOW ServiceNow Inc. | Add +34.6% | 1.35% | +0.20 |
| JAAA Janus Henderson Aaa Clo ETF | Add +2.1% | 2.89% | +0.19 |
| TQQQ Proshares Ultrapro QQQ | Add +2.3% | 2.10% | +0.19 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.5% | 1.29% | +0.19 |
| ANET Arista Networks Inc. | Add +19.2% | 1.52% | +0.17 |
| PLTR Palantir Technologies Inc. Class A | Add +18.4% | 0.94% | +0.17 |
| APP AppLovin Corp. Class A | Add +24.4% | 0.88% | +0.16 |
| GEV GE Vernova Inc. | Add +47.3% | 0.39% | +0.15 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Add +5.6% | 2.66% | +0.12 |
| EMB iShares JP Morgan Usd Emergi | Add +4.5% | 1.13% | +0.11 |
| AOM iShares Core 40/60 Moderate | New | 0.11% | +0.11 |
| FBND Fidelity Total Bond ETF | Add +4.0% | 1.11% | +0.09 |
| MSFT Microsoft Corp. | Add +5.2% | 2.69% | +0.08 |
| USHY iShares Broad Usd High Yield | Add +3.6% | 1.12% | +0.08 |
| TSLA Tesla Inc. | Add +7.0% | 0.62% | +0.07 |
| MPWR Monolithic Power Systems Inc. | Add +6.2% | 0.81% | +0.07 |
| TDG Transdigm Group Inc. | Add +5.6% | 0.68% | +0.07 |
| JBBB Janus Henderson B-BBB Clo Et | Add +2.7% | 1.12% | +0.07 |
| ARES Ares Management Corp. Class A | Add +5.5% | 0.64% | +0.07 |
| VNLA Janus Henderson Short Durati | New | 0.07% | +0.07 |
| AMD Advanced Micro Devices | New | 0.07% | +0.07 |
| IAGG iShares Intl Aggregate Bond | Add +3.4% | 1.11% | +0.06 |
| MELI MercadoLibre Inc. | Add +13.2% | 0.83% | +0.02 |
| CRWV Coreweave Inc. Class A | Add +88.5% | 0.57% | +0.02 |
| WING Wingstop Inc. | Add +6.5% | 0.30% | +0.02 |
| AVMV Avantis US Mid Cap Val ETF | Add +19.1% | 0.07% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +10.8% | 0.09% | +0.01 |
| META Meta Platforms Inc. Class A | Add +6.7% | 1.92% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +3.2% | 0.12% | +0.01 |
| CTAS Cintas Corp. | Add +6.1% | 0.50% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.0% | 0.09% | +0.01 |
| PGR Progressive Corp. | Add +2.7% | 0.74% | −0.00 |
| CDNS Cadence Design SYS Inc. | Add +5.2% | 0.63% | −0.01 |
| LNG Cheniere Energy Inc. | Add +10.3% | 1.19% | −0.05 |
| RACE Ferrari NV | Add +6.1% | 0.48% | −0.08 |
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 |