Paragon Associates & Paragon Associates II Joint Venture
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Paragon Associates & Paragon Associates II Joint Venture reported 16 stock positions worth $56.1 million. Its top holding was Navigator (NVGS) at 19.2% of the portfolio, followed by Agnico Eagle Mines (AEM, 16.0%) and Epsilon Energy (EPSN, 7.8%). Compared with Q4 2023, it opened 6 new positions, sold out of 5, added to 3 and reduced 1. The biggest buy was a new position in PBF Energy Class A (PBF) and the biggest sale an exit from Phillips 66 (PSX).
- Most Recent 13F
- Q1 2026
- Location
- DALLAS, TX
- CIK
- 0001047859
- Portfolio Value
- $56.1M (Q1 2024)
- SEC Filing
- 0001047859-24-000002 ↗ filed May 14, 2024
Holdings Value
Holdings 16 stocks · $56.1M
| NVGS Navigator Holdings Ltd. | 19.16% | 700,000 | $10.7M | No change |
| AEM Agnico Eagle Mines Ltd. | 15.95% | 150,000 | $8.9M | No change |
| EPSN Epsilon Energy Ltd. | 7.84% | 800,000 | $4.4M | No change |
| PBF PBF Energy Inc. Class A | 7.70% | 75,000 | $4.3M | New |
| VLO Valero Energy Corp. | 7.61% | 25,000 | $4.3M | New |
| BELFB Bel Fuse Inc. Class B | 6.45% | 60,000 | $3.6M | New |
| ECVT Ecovyst Inc. | 5.97% | 300,200 | $3.3M | Add +0.1% |
| IRIX Iridex Corp. | 5.31% | 1,000,000 | $3.0M | No change |
| FNV Franco-Nevada Corp. | 5.31% | 25,000 | $3.0M | New |
| UBS UBS Group AG-Reg | 4.11% | 75,000 | $2.3M | Reduce -25.0% |
| BP BP PLC-Spons ADR | 3.36% | 50,000 | $1.9M | No change |
| NEM Newmont Corp. | 3.19% | 50,000 | $1.8M | Add +400.0% |
| ALSN Allison Transmission Holding | 2.89% | 20,000 | $1.6M | Add +300.0% |
| HUM Humana Inc. | 2.47% | 4,000 | $1.4M | New |
| DMAC Diamedica Therapeutics Inc. | 2.47% | 500,000 | $1.4M | No change |
| GEL Genesis Energy L.P. | 0.20% | 10,000 | $111K | New |
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| PBF PBF Energy Inc. Class A | New | 7.70% | +7.70 |
| VLO Valero Energy Corp. | New | 7.61% | +7.61 |
| BELFB Bel Fuse Inc. Class B | New | 6.45% | +6.45 |
| FNV Franco-Nevada Corp. | New | 5.31% | +5.31 |
| HUM Humana Inc. | New | 2.47% | +2.47 |
| NEM Newmont Corp. | Add +400.0% | 3.19% | +2.25 |
| ALSN Allison Transmission Holding | Add +300.0% | 2.89% | +2.23 |
| GEL Genesis Energy L.P. | New | 0.20% | +0.20 |
| ECVT Ecovyst Inc. | Add +0.1% | 5.97% | −0.75 |
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 |