Paragon Capital Management Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 22, 2026), Paragon Capital Management Inc. reported 71 stock positions worth $133.8 million. Its top holding was iShares 7-10 Year Treasury B (IEF) at 10.1% of the portfolio, followed by iShares 0-1 Year Treasury Bo (SHV, 6.7%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 5.9%). Compared with Q1 2026, it opened 11 new positions, sold out of 10, added to 13 and reduced 42. The biggest buy was Intel (INTC, shares +617%) and the biggest sale an exit from Coterra Energy (CTRA).
- Most Recent 13F
- Q2 2026
- Location
- Provo, UT
- CIK
- 0002038506
- Portfolio Value
- $133.8M (Q2 2026)
- SEC Filing
- 0002038506-26-000004 ↗ filed Jul 22, 2026
Holdings Value
Holdings 71 stocks · $133.8M
| IEF iShares 7-10 Year Treasury B | 10.10% | 142,938 | $13.5M | Add +2.0% |
| SHV iShares 0-1 Year Treasury Bo | 6.74% | 81,776 | $9.0M | Reduce -0.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 5.90% | 86,167 | $7.9M | Add +1.7% |
| INTC Intel Corp. | 5.36% | 51,405 | $7.2M | Add +616.6% |
| JAAA Janus Henderson Aaa Clo ETF | 4.40% | 116,522 | $5.9M | Add +0.0% |
| GOVT iShares US Treasury Bond ETF | 3.31% | 194,208 | $4.4M | Add +1.3% |
| TOTL SS Doubleline TR Tact ETF | 2.95% | 100,125 | $4.0M | Add +3.6% |
| MRVL Marvell Technology Inc. | 2.81% | 12,601 | $3.8M | Reduce -12.6% |
| ARM Arm Holdings PLC-ADR | 2.71% | 10,236 | $3.6M | Reduce -3.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.39% | 10,539 | $3.2M | Reduce -2.0% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 2.16% | 5,525 | $2.9M | Reduce -2.5% |
| AMD Advanced Micro Devices | 2.07% | 4,764 | $2.8M | Reduce -1.5% |
| NVDA Nvidia Corp. | 2.00% | 13,344 | $2.7M | Reduce -1.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.43% | 5,155 | $1.9M | Reduce -18.9% |
| MELI MercadoLibre Inc. | 1.42% | 1,123 | $1.9M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 1.32% | 3,141 | $1.8M | Reduce -1.6% |
| ORLY O'reilly Automotive Inc. | 1.23% | 17,839 | $1.6M | Reduce -1.6% |
| NBIX Neurocrine Biosciences Inc. | 1.23% | 9,739 | $1.6M | Reduce -2.2% |
| XLV SS Health Care Select Sector | 1.23% | 10,332 | $1.6M | Reduce -1.1% |
| CHRD Chord Energy Corp. | 1.17% | 13,670 | $1.6M | Reduce -2.3% |
| CART Maplebear Inc. | 1.16% | 32,764 | $1.6M | Reduce -2.3% |
| DVN Devon Energy Corp. | 1.12% | 36,330 | $1.5M | New |
| BKNG Booking Holdings Inc. | 1.08% | 8,089 | $1.4M | New |
| ZBRA Zebra Technologies Corp. Class A | 1.06% | 5,401 | $1.4M | Reduce -2.2% |
| SW Smurfit Westrock PLC | 1.04% | 30,084 | $1.4M | Reduce -2.0% |
| BMRN Biomarin Pharmaceutical Inc. | 1.03% | 24,200 | $1.4M | Reduce -2.0% |
| STXF Strive 500 ETF | 1.02% | 28,382 | $1.4M | Add +1.3% |
| AR Antero Resources Corp. | 1.01% | 38,294 | $1.3M | Reduce -2.1% |
| EEFT Euronet Worldwide Inc. | 0.99% | 18,018 | $1.3M | Reduce -1.8% |
| AVGO Broadcom Inc. | 0.99% | 3,490 | $1.3M | Reduce -1.5% |
| TDG Transdigm Group Inc. | 0.96% | 966 | $1.3M | Reduce -1.4% |
| UBER Uber Technologies Inc. | 0.96% | 17,751 | $1.3M | Reduce -1.9% |
| AZO AutoZone Inc. | 0.96% | 400 | $1.3M | Reduce -1.2% |
| VEEV Veeva Systems Inc. Class A | 0.95% | 7,197 | $1.3M | New |
| MTD Mettler-Toledo International | 0.95% | 993 | $1.3M | Reduce -1.5% |
| EQT Eqt Corp. | 0.94% | 23,747 | $1.3M | Reduce -2.2% |
| STXK Strive Small-Cap ETF | 0.94% | 32,422 | $1.3M | Add +3.9% |
| VRSK Verisk Analytics Inc. | 0.90% | 6,728 | $1.2M | New |
| IDXX Idexx Laboratories Inc. | 0.90% | 2,286 | $1.2M | Reduce -1.3% |
| DSL Doubleline Income Solutions | 0.90% | 108,742 | $1.2M | Add +3.1% |
| GPN Global Payments Inc. | 0.90% | 16,519 | $1.2M | Reduce -1.8% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.88% | 11,498 | $1.2M | Reduce -2.2% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.86% | 32,614 | $1.2M | New |
| SCHW Schwab (charles) Corp. | 0.86% | 12,416 | $1.1M | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.84% | 2,273 | $1.1M | New |
| DLB Dolby Laboratories Inc. Class A | 0.84% | 21,288 | $1.1M | Reduce -2.1% |
| ONEQ Fidelity Nasdaq Comp Indx | 0.82% | 10,566 | $1.1M | Add +0.7% |
| NOW ServiceNow Inc. | 0.80% | 10,741 | $1.1M | New |
| ROP Roper Technologies Inc. | 0.80% | 3,150 | $1.1M | Reduce -1.6% |
| TLT iShares 20+ Year Treasury BD | 0.79% | 12,301 | $1.1M | Add +1.0% |
| MSFT Microsoft Corp. | 0.78% | 2,807 | $1.0M | New |
| DASH DoorDash Inc. Class A | 0.76% | 5,532 | $1.0M | Reduce -1.6% |
| AXON Axon Enterprise Inc. | 0.76% | 1,820 | $1.0M | Reduce -1.1% |
| UHS Universal Health Services-B | 0.74% | 6,692 | $995K | Reduce -2.0% |
| STOT SS DL St Dur TR Tact ETF | 0.74% | 21,051 | $991K | Reduce -1.6% |
| ERIE Erie Indemnity Company Class A | 0.72% | 4,015 | $963K | New |
| STXV Strive 1000 Value ETF | 0.71% | 25,155 | $954K | Add +2.8% |
| NFLX Netflix Inc. | 0.71% | 13,230 | $945K | Reduce -1.8% |
| CRM Salesforce Inc. | 0.69% | 5,857 | $918K | Reduce -1.9% |
| ADBE Adobe Inc. | 0.58% | 3,767 | $772K | Reduce -1.6% |
| BSX Boston Scientific Corp. | 0.51% | 15,864 | $677K | Reduce -1.9% |
| STXE Strive Em Markets Ex-China | 0.49% | 12,591 | $662K | Reduce -5.2% |
| CSGP Costar Group Inc. | 0.38% | 18,183 | $515K | Reduce -1.0% |
| MU Micron Technology Inc. | 0.23% | 264 | $305K | New |
| T AT&T Inc. | 0.22% | 14,000 | $290K | No change |
| GLD SPDR Gold Shares | 0.21% | 747 | $275K | Add +3.2% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.16% | 4,281 | $217K | Reduce -9.2% |
| NLY Annaly Capital Management Inc. | 0.16% | 9,532 | $213K | No change |
| AG First Majestic Silver Corp. | 0.13% | 10,000 | $170K | No change |
| RC Ready Capital Corp. | 0.09% | 70,000 | $123K | No change |
| SFL SFL Corp. Ltd. | 0.08% | 10,000 | $102K | No change |
Options reported separately and not counted above: META puts ($620K), MSFT puts ($336K), MSFT calls ($75K), META calls ($56K), CRM puts ($47K), NVDA calls ($20K), NOW calls ($20K), CRM calls ($16K), NOW puts ($10K).
Portfolio Sells Q1 2026 → Q2 2026
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −1.58 |
| PGR Progressive Corp. | Sold out | 0.00% | −1.10 |
| BIRK Birkenstock Holding PLC | Sold out | 0.00% | −1.00 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -0.5% | 6.74% | −0.94 |
| NVR NVR Inc. | Sold out | 0.00% | −0.91 |
| TYL Tyler Technologies Inc. | Sold out | 0.00% | −0.90 |
| LYFT LYFT Inc. Class A | Sold out | 0.00% | −0.90 |
| TRI Thomson Reuters Corp. | Sold out | 0.00% | −0.84 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.68 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.63 |
| CHRD Chord Energy Corp. | Reduce -2.3% | 1.17% | −0.52 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −0.44 |
| AR Antero Resources Corp. | Reduce -2.1% | 1.01% | −0.40 |
| NFLX Netflix Inc. | Reduce -1.8% | 0.71% | −0.39 |
| EQT Eqt Corp. | Reduce -2.2% | 0.94% | −0.37 |
| BSX Boston Scientific Corp. | Reduce -1.9% | 0.51% | −0.35 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -18.9% | 1.43% | −0.30 |
| UHS Universal Health Services-B | Reduce -2.0% | 0.74% | −0.29 |
| DLB Dolby Laboratories Inc. Class A | Reduce -2.1% | 0.84% | −0.27 |
| CRM Salesforce Inc. | Reduce -1.9% | 0.69% | −0.26 |
| CSGP Costar Group Inc. | Reduce -1.0% | 0.38% | −0.24 |
| MELI MercadoLibre Inc. | Reduce -1.3% | 1.42% | −0.24 |
| META Meta Platforms Inc. Class A | Reduce -1.6% | 1.32% | −0.22 |
| ADBE Adobe Inc. | Reduce -1.6% | 0.58% | −0.21 |
| AZO AutoZone Inc. | Reduce -1.2% | 0.96% | −0.20 |
| IDXX Idexx Laboratories Inc. | Reduce -1.3% | 0.90% | −0.20 |
| ORLY O'reilly Automotive Inc. | Reduce -1.6% | 1.23% | −0.19 |
| ROP Roper Technologies Inc. | Reduce -1.6% | 0.80% | −0.16 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -2.0% | 1.03% | −0.15 |
| UBER Uber Technologies Inc. | Reduce -1.9% | 0.96% | −0.14 |
| MTD Mettler-Toledo International | Reduce -1.5% | 0.95% | −0.13 |
| STOT SS DL St Dur TR Tact ETF | Reduce -1.6% | 0.74% | −0.11 |
| XLV SS Health Care Select Sector | Reduce -1.1% | 1.23% | −0.07 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -2.5% | 2.16% | −0.07 |
| GPN Global Payments Inc. | Reduce -1.8% | 0.90% | −0.06 |
| EEFT Euronet Worldwide Inc. | Reduce -1.8% | 0.99% | −0.05 |
| NEAR iShares SH Dba ETF Usd Inc. | Reduce -9.2% | 0.16% | −0.04 |
| NVDA Nvidia Corp. | Reduce -1.7% | 2.00% | −0.01 |
| TDG Transdigm Group Inc. | Reduce -1.4% | 0.96% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -2.0% | 2.39% | +0.00 |
| SW Smurfit Westrock PLC | Reduce -2.0% | 1.04% | +0.00 |
| DASH DoorDash Inc. Class A | Reduce -1.6% | 0.76% | +0.05 |
| STXE Strive Em Markets Ex-China | Reduce -5.2% | 0.49% | +0.05 |
| AVGO Broadcom Inc. | Reduce -1.5% | 0.99% | +0.06 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -2.2% | 1.06% | +0.08 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -2.2% | 0.88% | +0.10 |
| CART Maplebear Inc. | Reduce -2.3% | 1.16% | +0.10 |
| AXON Axon Enterprise Inc. | Reduce -1.1% | 0.76% | +0.10 |
| NBIX Neurocrine Biosciences Inc. | Reduce -2.2% | 1.23% | +0.12 |
| AMD Advanced Micro Devices | Reduce -1.5% | 2.07% | +1.23 |
Portfolio Buys Q1 2026 → Q2 2026
| INTC Intel Corp. | Add +616.6% | 5.36% | +5.10 |
| DVN Devon Energy Corp. | New | 1.12% | +1.12 |
| BKNG Booking Holdings Inc. | New | 1.08% | +1.08 |
| VEEV Veeva Systems Inc. Class A | New | 0.95% | +0.95 |
| VRSK Verisk Analytics Inc. | New | 0.90% | +0.90 |
| ONON On Holding AG Class A | New | 0.86% | +0.86 |
| SCHW Schwab (charles) Corp. | New | 0.86% | +0.86 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.84% | +0.84 |
| NOW ServiceNow Inc. | New | 0.80% | +0.80 |
| MSFT Microsoft Corp. | New | 0.78% | +0.78 |
| ERIE Erie Indemnity Company Class A | New | 0.72% | +0.72 |
| MU Micron Technology Inc. | New | 0.23% | +0.23 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +0.7% | 0.82% | +0.06 |
| STXK Strive Small-Cap ETF | Add +3.9% | 0.94% | +0.06 |
| STXF Strive 500 ETF | Add +1.3% | 1.02% | +0.03 |
| STXV Strive 1000 Value ETF | Add +2.8% | 0.71% | −0.02 |
| GLD SPDR Gold Shares | Add +3.2% | 0.21% | −0.06 |
| DSL Doubleline Income Solutions | Add +3.1% | 0.90% | −0.07 |
| TLT iShares 20+ Year Treasury BD | Add +1.0% | 0.79% | −0.10 |
| TOTL SS Doubleline TR Tact ETF | Add +3.6% | 2.95% | −0.30 |
| GOVT iShares US Treasury Bond ETF | Add +1.3% | 3.31% | −0.41 |
| JAAA Janus Henderson Aaa Clo ETF | Add +0.0% | 4.40% | −0.57 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +1.7% | 5.90% | −0.68 |
| IEF iShares 7-10 Year Treasury B | Add +2.0% | 10.10% | −1.22 |
Options Activity Q1 2026 → Q2 2026
| META Meta Platforms Inc. Class A | put | New | 1,100 | $620K |
| MSFT Microsoft Corp. | put | New | 900 | $336K |
| MSFT Microsoft Corp. | call | New | 200 | $75K |
| META Meta Platforms Inc. Class A | call | New | 100 | $56K |
| CRM Salesforce Inc. | put | New | 300 | $47K |
| NVDA Nvidia Corp. | call | New | 100 | $20K |
| NOW ServiceNow Inc. | call | New | 200 | $20K |
| CRM Salesforce Inc. | call | New | 100 | $16K |
| NOW ServiceNow Inc. | put | New | 100 | $10K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 71 | $133.8M | IEF, SHV, BIL, INTC, JAAA |
| Q1 2026 | 70 | $118.0M | IEF, SHV, BIL, JAAA, GOVT |
| Q4 2025 | 74 | $129.3M | IEF, SHV, BIL, JAAA, GOVT |
| Q3 2025 | 72 | $133.7M | IEF, SHV, BIL, JAAA, GOVT |
| Q2 2025 | 71 | $131.1M | SHV, IEF, BIL, JAAA, GOVT |
| Q1 2025 | 72 | $123.8M | SHV, IEF, BIL, JAAA, GOVT |
| Q4 2024 | 66 | $127.9M | IEF, SHV, BIL, JAAA, GOVT |
| Q3 2024 | 67 | $135.6M | SHV, IEF, BIL, STOT, JAAA |
| Q2 2024 | 67 | $131.1M | SHV, BIL, IEF, STOT, GOVT |
| Q1 2024 | 69 | $133.6M | SHV, BIL, IEF, STOT, GOVT |