Paragon Associates & Paragon Associates II Joint Venture
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Paragon Associates & Paragon Associates II Joint Venture reported 16 stock positions worth $55.7 million. Its top holding was Navigator (NVGS) at 17.3% of the portfolio, followed by Agnico Eagle Mines (AEM, 15.2%) and SS SPDR S&P 500 ETF Trust-US (SPY, 10.3%). Compared with Q2 2024, it opened 5 new positions, added to 4 and reduced 3. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale Ecovyst (ECVT, shares −79%).
- Most Recent 13F
- Q1 2026
- Location
- DALLAS, TX
- CIK
- 0001047859
- Portfolio Value
- $55.7M (Q3 2024)
- SEC Filing
- 0001047859-24-000005 ↗ filed Nov 14, 2024
Holdings Value
Holdings 16 stocks · $55.7M
| NVGS Navigator Holdings Ltd. | 17.32% | 600,000 | $9.6M | No change |
| AEM Agnico Eagle Mines Ltd. | 15.19% | 105,000 | $8.5M | Add +16.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 10.31% | 10,000 | $5.7M | New |
| BELFB Bel Fuse Inc. Class B | 8.88% | 63,000 | $4.9M | Add +10.5% |
| EPSN Epsilon Energy Ltd. | 8.42% | 800,000 | $4.7M | No change |
| FNV Franco-Nevada Corp. | 7.81% | 35,000 | $4.3M | Add +16.7% |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 7.39% | 50,000 | $4.1M | New |
| NEM Newmont Corp. | 7.20% | 75,000 | $4.0M | Reduce -34.8% |
| AKYA Akoya Biosciences Inc. | 3.86% | 790,000 | $2.1M | Add +125.7% |
| DMAC Diamedica Therapeutics Inc. | 3.63% | 482,614 | $2.0M | No change |
| IRIX Iridex Corp. | 3.14% | 1,000,000 | $1.8M | No change |
| VSTS Vestis Corp. | 2.01% | 75,000 | $1.1M | New |
| IWM iShares Russell 2000 ETF | 1.98% | 5,000 | $1.1M | New |
| ALSN Allison Transmission Holding | 1.29% | 7,500 | $721K | Reduce -62.5% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.95% | 5,000 | $530K | New |
| ECVT Ecovyst Inc. | 0.62% | 50,200 | $344K | Reduce -79.1% |
Portfolio Sells Q2 2024 → Q3 2024
Portfolio Buys Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | New | 10.31% | +10.31 |
| EXE Expand Energy Corp. | New | 7.39% | +7.39 |
| VSTS Vestis Corp. | New | 2.01% | +2.01 |
| IWM iShares Russell 2000 ETF | New | 1.98% | +1.98 |
| AKYA Akoya Biosciences Inc. | Add +125.7% | 3.86% | +1.86 |
| KSPI JSC Kaspi.kz ADR | New | 0.95% | +0.95 |
| AEM Agnico Eagle Mines Ltd. | Add +16.7% | 15.19% | +0.80 |
| BELFB Bel Fuse Inc. Class B | Add +10.5% | 8.88% | −0.21 |
| FNV Franco-Nevada Corp. | Add +16.7% | 7.81% | −0.89 |
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 |