Paragon Associates & Paragon Associates II Joint Venture
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Paragon Associates & Paragon Associates II Joint Venture reported 14 stock positions worth $73.6 million. Its top holding was Coeur Mining (CDE) at 16.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 13.3%) and Caredx (CDNA, 11.8%). Compared with Q4 2025, it opened 5 new positions, sold out of 3, added to 3 and reduced 2. The biggest buy was a new position in Coeur Mining (CDE) and the biggest sale an exit from Invesco QQQ Trust Series 1 (QQQ).
- Most Recent 13F
- Q1 2026
- Location
- DALLAS, TX
- CIK
- 0001047859
- Portfolio Value
- $73.6M (Q1 2026)
- SEC Filing
- 0001047859-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 14 stocks · $73.6M
| CDE Coeur Mining Inc. | 16.58% | 649,999 | $12.2M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 13.26% | 15,000 | $9.8M | New |
| CDNA Caredx Inc. | 11.80% | 500,000 | $8.7M | Add +33.3% |
| DMAC Diamedica Therapeutics Inc. | 8.05% | 875,000 | $5.9M | No change |
| NVGS Navigator Holdings Ltd. | 7.87% | 300,000 | $5.8M | No change |
| NPKI NPK International Inc. | 7.38% | 375,000 | $5.4M | Reduce -6.3% |
| STKL Sunopta Inc. | 7.08% | 804,187 | $5.2M | Add +0.5% |
| AEM Agnico Eagle Mines Ltd. | 6.90% | 25,000 | $5.1M | Reduce -49.9% |
| WES Western Midstream Partners L | 5.59% | 100,000 | $4.1M | New |
| EPSN Epsilon Energy Ltd. | 5.44% | 650,000 | $4.0M | No change |
| IAUX I-80 Gold Corp. | 5.16% | 2,500,000 | $3.8M | Add +66.7% |
| PROF Profound Medical Corp. | 2.43% | 276,001 | $1.8M | New |
| IRIX Iridex Corp. | 1.37% | 1,000,000 | $1.0M | No change |
| NEXM Nexmetals Mining Corp. | 1.08% | 325,000 | $796K | New |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| CDE Coeur Mining Inc. | New | 16.58% | +16.58 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 13.26% | +13.26 |
| WES Western Midstream Partners L | New | 5.59% | +5.59 |
| PROF Profound Medical Corp. | New | 2.43% | +2.43 |
| NEXM Nexmetals Mining Corp. | New | 1.08% | +1.08 |
| STKL Sunopta Inc. | Add +0.5% | 7.08% | +0.80 |
| IAUX I-80 Gold Corp. | Add +66.7% | 5.16% | +0.64 |
| CDNA Caredx Inc. | Add +33.3% | 11.80% | −2.80 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 14 | $73.6M | CDE, SPY, CDNA, DMAC, NVGS |
| Q4 2025 | 12 | $48.4M | AEM, CDNA, DMAC, QQQ, NVGS |
| Q3 2025 | 12 | $56.1M | AEM, NVGS, CDNA, DMAC, AMG |
| Q2 2025 | 15 | $63.0M | AEM, NVGS, SPY, EPSN, STKL |
| Q1 2025 | 13 | $42.7M | AEM, NVGS, EPSN, BELFB, NPKI |
| Q4 2024 | 12 | $43.2M | AEM, NVGS, BELFB, EPSN, FNV |
| Q3 2024 | 16 | $55.7M | NVGS, AEM, SPY, BELFB, EPSN |
| Q2 2024 | 11 | $40.9M | NVGS, AEM, NEM, EPSN, BELFB |
| Q1 2024 | 16 | $56.1M | NVGS, AEM, EPSN, PBF, VLO |