Paragon Capital Management Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 27, 2025), Paragon Capital Management Inc. reported 66 stock positions worth $127.9 million. Its top holding was iShares 7-10 Year Treasury B (IEF) at 8.8% of the portfolio, followed by iShares 0-1 Year Treasury Bo (SHV, 8.4%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 6.0%). Compared with Q3 2024, it opened 19 new positions, sold out of 20, added to 18 and reduced 23. The biggest buy was iShares 7-10 Year Treasury B (IEF, shares +40%) and the biggest sale SS DL St Dur TR Tact ETF (STOT, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- Provo, UT
- CIK
- 0002038506
- Portfolio Value
- $127.9M (Q4 2024)
- SEC Filing
- 0001085146-25-000496 ↗ filed Jan 27, 2025
Holdings Value
Holdings 66 stocks · $127.9M
| IEF iShares 7-10 Year Treasury B | 8.82% | 122,014 | $11.3M | Add +40.3% |
| SHV iShares 0-1 Year Treasury Bo | 8.38% | 97,330 | $10.7M | Reduce -13.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 6.04% | 84,520 | $7.7M | Reduce -5.3% |
| JAAA Janus Henderson Aaa Clo ETF | 4.54% | 114,508 | $5.8M | Add +0.7% |
| GOVT iShares US Treasury Bond ETF | 3.54% | 197,094 | $4.5M | Reduce -1.0% |
| TOTL SS Doubleline TR Tact ETF | 3.12% | 101,270 | $4.0M | Reduce -2.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.68% | 14,239 | $3.4M | Add +8.3% |
| CEG Constellation Energy | 2.64% | 15,107 | $3.4M | Add +33.7% |
| NVDA Nvidia Corp. | 2.39% | 22,771 | $3.1M | Add +7.7% |
| MELI MercadoLibre Inc. | 2.18% | 1,637 | $2.8M | Add +58.5% |
| STOT SS DL St Dur TR Tact ETF | 2.10% | 57,228 | $2.7M | Reduce -58.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 2.08% | 6,261 | $2.7M | New |
| GAP The Gap Inc. | 1.76% | 95,400 | $2.3M | New |
| COLM Columbia Sportswear Co. | 1.60% | 24,350 | $2.0M | Add +1.4% |
| DXC DXC Technology Co. | 1.55% | 98,949 | $2.0M | Add +1.8% |
| BKNG Booking Holdings Inc. | 1.54% | 397 | $2.0M | Reduce -8.3% |
| ORLY O'reilly Automotive Inc. | 1.44% | 1,556 | $1.8M | Reduce -1.1% |
| RPRX Royalty Pharma PLC Class A | 1.40% | 70,339 | $1.8M | Add +328.8% |
| AXS Axis Capital Holdings Ltd. | 1.39% | 20,001 | $1.8M | New |
| EEFT Euronet Worldwide Inc. | 1.37% | 17,056 | $1.8M | New |
| VLO Valero Energy Corp. | 1.37% | 14,265 | $1.7M | New |
| LYFT LYFT Inc. Class A | 1.31% | 130,284 | $1.7M | New |
| EXEL Exelixis Inc. | 1.28% | 49,319 | $1.6M | New |
| TRV The Travelers Cos Inc. | 1.27% | 6,746 | $1.6M | New |
| META Meta Platforms Inc. Class A | 1.27% | 2,767 | $1.6M | New |
| CTAS Cintas Corp. | 1.27% | 8,867 | $1.6M | Reduce -12.9% |
| AZO AutoZone Inc. | 1.25% | 499 | $1.6M | No change |
| SMG Scotts Miracle-Gro Co. | 1.25% | 24,013 | $1.6M | Reduce -17.0% |
| IDXX Idexx Laboratories Inc. | 1.23% | 3,820 | $1.6M | Add +25.7% |
| DINO HF Sinclair Corp. | 1.21% | 44,084 | $1.5M | Add +24.9% |
| PGR Progressive Corp. | 1.19% | 6,341 | $1.5M | New |
| NVR NVR Inc. | 1.18% | 185 | $1.5M | Reduce -1.6% |
| HES Hess Corp. | 1.18% | 11,373 | $1.5M | New |
| PPC Pilgrim's Pride Corp. | 1.17% | 33,074 | $1.5M | New |
| MRK Merck & Co. Inc. | 1.16% | 14,975 | $1.5M | New |
| TDG Transdigm Group Inc. | 1.16% | 1,170 | $1.5M | Add +2.3% |
| XLV SS Health Care Select Sector | 1.16% | 10,770 | $1.5M | Reduce -1.7% |
| ARM Arm Holdings PLC-ADR | 1.02% | 10,545 | $1.3M | Reduce -12.5% |
| MTD Mettler-Toledo International | 0.99% | 1,038 | $1.3M | Add +1.7% |
| VRSN Verisign Inc. | 0.99% | 6,103 | $1.3M | Reduce -24.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.98% | 19,203 | $1.3M | Add +120.8% |
| REGN Regeneron Pharmaceuticals | 0.98% | 1,764 | $1.3M | New |
| FSLR First Solar Inc. | 0.97% | 7,038 | $1.2M | New |
| DSL Doubleline Income Solutions | 0.92% | 93,254 | $1.2M | Reduce -1.4% |
| BKR Baker Hughes Co. | 0.91% | 28,475 | $1.2M | Add +29.3% |
| TSLA Tesla Inc. | 0.91% | 2,876 | $1.2M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.90% | 3,964 | $1.1M | Add +1.5% |
| STXF Strive 500 ETF | 0.84% | 28,498 | $1.1M | Reduce -2.3% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.82% | 101,565 | $1.1M | New |
| TLT iShares 20+ Year Treasury BD | 0.74% | 10,866 | $949K | Reduce -2.7% |
| TXN Texas Instruments Inc. | 0.74% | 5,034 | $944K | Add +39.3% |
| MU Micron Technology Inc. | 0.67% | 10,230 | $861K | Reduce -59.2% |
| STXK Strive Small-Cap ETF | 0.64% | 26,280 | $822K | Reduce -2.0% |
| ONEQ Fidelity Nasdaq Comp Indx | 0.63% | 10,550 | $802K | Reduce -3.5% |
| RC Ready Capital Corp. | 0.62% | 116,104 | $792K | No change |
| CHTR Charter Communications Inc. Class A | 0.54% | 2,011 | $689K | New |
| KLAC KLA Corp. | 0.51% | 1,041 | $656K | Add +12.7% |
| STXV Strive 1000 Value ETF | 0.50% | 21,484 | $634K | Reduce -1.9% |
| STXE Strive Em Markets Ex-China | 0.34% | 15,773 | $435K | Reduce -83.9% |
| TYL Tyler Technologies Inc. | 0.28% | 616 | $355K | New |
| NEAR iShares SH Dba ETF Usd Inc. | 0.27% | 6,853 | $346K | Reduce -2.3% |
| T AT&T Inc. | 0.27% | 15,000 | $342K | No change |
| XLP SS Consumer Staples Sel Sect | 0.25% | 4,003 | $315K | No change |
| GLD SPDR Gold Shares | 0.18% | 931 | $225K | No change |
| CLF Cleveland-Cliffs Inc. | 0.08% | 10,219 | $96K | Reduce -91.1% |
| AG First Majestic Silver Corp. | 0.04% | 10,000 | $55K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| STOT SS DL St Dur TR Tact ETF | Reduce -58.1% | 2.10% | −2.69 |
| STXE Strive Em Markets Ex-China | Reduce -83.9% | 0.34% | −1.85 |
| ZM Zoom Communications Inc. | Sold out | 0.00% | −1.59 |
| MAT Mattel Inc. | Sold out | 0.00% | −1.58 |
| CRI Carter's Inc. | Sold out | 0.00% | −1.40 |
| MANH Manhattan Associates Inc. | Sold out | 0.00% | −1.35 |
| KSS Kohls Corp. | Sold out | 0.00% | −1.33 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −1.32 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −1.25 |
| MU Micron Technology Inc. | Reduce -59.2% | 0.67% | −1.24 |
| BIO Bio-Rad Laboratories-A | Sold out | 0.00% | −1.22 |
| CAH Cardinal Health Inc. | Sold out | 0.00% | −1.21 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −1.19 |
| KNSL Kinsale Capital Group Inc. | Sold out | 0.00% | −1.18 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −1.14 |
| MCK McKesson Corp. | Sold out | 0.00% | −1.03 |
| CLF Cleveland-Cliffs Inc. | Reduce -91.1% | 0.08% | −1.01 |
| MEDP Medpace Holdings Inc. | Sold out | 0.00% | −0.99 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -13.6% | 8.38% | −0.81 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.64 |
| SMG Scotts Miracle-Gro Co. | Reduce -17.0% | 1.25% | −0.60 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.60 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.54 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.49 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.49 |
| CTAS Cintas Corp. | Reduce -12.9% | 1.27% | −0.28 |
| ARM Arm Holdings PLC-ADR | Reduce -12.5% | 1.02% | −0.25 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.20 |
| NVR NVR Inc. | Reduce -1.6% | 1.18% | −0.18 |
| VRSN Verisign Inc. | Reduce -24.6% | 0.99% | −0.15 |
| XLV SS Health Care Select Sector | Reduce -1.7% | 1.16% | −0.09 |
| TLT iShares 20+ Year Treasury BD | Reduce -2.7% | 0.74% | −0.07 |
| TOTL SS Doubleline TR Tact ETF | Reduce -2.1% | 3.12% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -5.3% | 6.04% | +0.00 |
| NEAR iShares SH Dba ETF Usd Inc. | Reduce -2.3% | 0.27% | +0.01 |
| STXV Strive 1000 Value ETF | Reduce -1.9% | 0.50% | +0.01 |
| DSL Doubleline Income Solutions | Reduce -1.4% | 0.92% | +0.01 |
| STXK Strive Small-Cap ETF | Reduce -2.0% | 0.64% | +0.02 |
| STXF Strive 500 ETF | Reduce -2.3% | 0.84% | +0.05 |
| ONEQ Fidelity Nasdaq Comp Indx | Reduce -3.5% | 0.63% | +0.05 |
| GOVT iShares US Treasury Bond ETF | Reduce -1.0% | 3.54% | +0.10 |
| ORLY O'reilly Automotive Inc. | Reduce -1.1% | 1.44% | +0.11 |
| BKNG Booking Holdings Inc. | Reduce -8.3% | 1.54% | +0.20 |
Portfolio Buys Q3 2024 → Q4 2024
| IEF iShares 7-10 Year Treasury B | Add +40.3% | 8.82% | +2.53 |
| DIA SS SPDR Dow Jones Indus Avg | New | 2.08% | +2.08 |
| GAP The Gap Inc. | New | 1.76% | +1.76 |
| AXS Axis Capital Holdings Ltd. | New | 1.39% | +1.39 |
| EEFT Euronet Worldwide Inc. | New | 1.37% | +1.37 |
| VLO Valero Energy Corp. | New | 1.37% | +1.37 |
| LYFT LYFT Inc. Class A | New | 1.31% | +1.31 |
| EXEL Exelixis Inc. | New | 1.28% | +1.28 |
| TRV The Travelers Cos Inc. | New | 1.27% | +1.27 |
| META Meta Platforms Inc. Class A | New | 1.27% | +1.27 |
| PGR Progressive Corp. | New | 1.19% | +1.19 |
| HES Hess Corp. | New | 1.18% | +1.18 |
| PPC Pilgrim's Pride Corp. | New | 1.17% | +1.17 |
| MRK Merck & Co. Inc. | New | 1.16% | +1.16 |
| RPRX Royalty Pharma PLC Class A | Add +328.8% | 1.40% | +1.06 |
| REGN Regeneron Pharmaceuticals | New | 0.98% | +0.98 |
| FSLR First Solar Inc. | New | 0.97% | +0.97 |
| TSLA Tesla Inc. | New | 0.91% | +0.91 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.82% | +0.82 |
| MELI MercadoLibre Inc. | Add +58.5% | 2.18% | +0.61 |
| CHTR Charter Communications Inc. Class A | New | 0.54% | +0.54 |
| NVDA Nvidia Corp. | Add +7.7% | 2.39% | +0.50 |
| AZN Astrazeneca PLC-Spons ADR | Add +120.8% | 0.98% | +0.48 |
| CEG Constellation Energy | Add +33.7% | 2.64% | +0.48 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +8.3% | 2.68% | +0.38 |
| BKR Baker Hughes Co. | Add +29.3% | 0.91% | +0.33 |
| TYL Tyler Technologies Inc. | New | 0.28% | +0.28 |
| JAAA Janus Henderson Aaa Clo ETF | Add +0.7% | 4.54% | +0.27 |
| TXN Texas Instruments Inc. | Add +39.3% | 0.74% | +0.19 |
| COLM Columbia Sportswear Co. | Add +1.4% | 1.60% | +0.13 |
| IDXX Idexx Laboratories Inc. | Add +25.7% | 1.23% | +0.10 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.5% | 0.90% | +0.08 |
| DXC DXC Technology Co. | Add +1.8% | 1.55% | +0.06 |
| DINO HF Sinclair Corp. | Add +24.9% | 1.21% | +0.05 |
| KLAC KLA Corp. | Add +12.7% | 0.51% | −0.01 |
| TDG Transdigm Group Inc. | Add +2.3% | 1.16% | −0.04 |
| MTD Mettler-Toledo International | Add +1.7% | 0.99% | −0.14 |
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 |