Paragon Capital Management Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 17, 2026), Paragon Capital Management Inc. reported 70 stock positions worth $118.0 million. Its top holding was iShares 7-10 Year Treasury B (IEF) at 11.3% of the portfolio, followed by iShares 0-1 Year Treasury Bo (SHV, 7.7%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 6.6%). Compared with Q4 2025, it opened 16 new positions, sold out of 20, added to 25 and reduced 25. The biggest buy was iShares 7-10 Year Treasury B (IEF, shares +14%) and the biggest sale an exit from Booking (BKNG).
- Most Recent 13F
- Q2 2026
- Location
- Provo, UT
- CIK
- 0002038506
- Portfolio Value
- $118.0M (Q1 2026)
- SEC Filing
- 0002038506-26-000003 ↗ filed Apr 17, 2026
Holdings Value
Holdings 70 stocks · $118.0M
| IEF iShares 7-10 Year Treasury B | 11.33% | 140,101 | $13.4M | Add +14.0% |
| SHV iShares 0-1 Year Treasury Bo | 7.69% | 82,208 | $9.1M | Reduce -17.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 6.58% | 84,735 | $7.8M | Add +2.0% |
| JAAA Janus Henderson Aaa Clo ETF | 4.97% | 116,511 | $5.9M | Reduce -2.9% |
| GOVT iShares US Treasury Bond ETF | 3.72% | 191,740 | $4.4M | Reduce -0.5% |
| TOTL SS Doubleline TR Tact ETF | 3.25% | 96,608 | $3.8M | Reduce -3.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.39% | 10,759 | $2.8M | Reduce -3.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 2.22% | 5,667 | $2.6M | Reduce -10.0% |
| NVDA Nvidia Corp. | 2.01% | 13,573 | $2.4M | Add +288.8% |
| VTI VG Morningstar TS MKT ETF-US | 1.73% | 6,355 | $2.0M | Reduce -21.4% |
| CHRD Chord Energy Corp. | 1.68% | 13,988 | $2.0M | Add +28.7% |
| MELI MercadoLibre Inc. | 1.67% | 1,138 | $2.0M | Add +19.2% |
| CTRA Coterra Energy Inc. | 1.58% | 53,126 | $1.9M | Add +28.4% |
| META Meta Platforms Inc. Class A | 1.55% | 3,191 | $1.8M | Reduce -12.4% |
| ORLY O'reilly Automotive Inc. | 1.42% | 18,139 | $1.7M | Reduce -26.4% |
| AR Antero Resources Corp. | 1.41% | 39,099 | $1.7M | New |
| ARM Arm Holdings PLC-ADR | 1.36% | 10,609 | $1.6M | Add +40.4% |
| EQT Eqt Corp. | 1.31% | 24,286 | $1.5M | New |
| XLV SS Health Care Select Sector | 1.30% | 10,449 | $1.5M | Reduce -0.8% |
| MRVL Marvell Technology Inc. | 1.21% | 14,409 | $1.4M | New |
| BMRN Biomarin Pharmaceutical Inc. | 1.18% | 24,704 | $1.4M | Add +23.3% |
| AZO AutoZone Inc. | 1.16% | 405 | $1.4M | Reduce -4.0% |
| NBIX Neurocrine Biosciences Inc. | 1.11% | 9,954 | $1.3M | New |
| DLB Dolby Laboratories Inc. Class A | 1.11% | 21,739 | $1.3M | New |
| UBER Uber Technologies Inc. | 1.10% | 18,089 | $1.3M | Reduce -2.0% |
| IDXX Idexx Laboratories Inc. | 1.10% | 2,315 | $1.3M | Reduce -23.2% |
| PGR Progressive Corp. | 1.10% | 6,559 | $1.3M | New |
| NFLX Netflix Inc. | 1.10% | 13,468 | $1.3M | Add +57.0% |
| MTD Mettler-Toledo International | 1.08% | 1,008 | $1.3M | Add +6.5% |
| CART Maplebear Inc. | 1.06% | 33,518 | $1.3M | New |
| SW Smurfit Westrock PLC | 1.04% | 30,704 | $1.2M | New |
| UHS Universal Health Services-B | 1.04% | 6,831 | $1.2M | Reduce -2.4% |
| EEFT Euronet Worldwide Inc. | 1.03% | 18,348 | $1.2M | Add +37.2% |
| BIRK Birkenstock Holding PLC | 1.00% | 33,079 | $1.2M | Add +14.6% |
| STXF Strive 500 ETF | 1.00% | 28,011 | $1.2M | Add +2.5% |
| ZBRA Zebra Technologies Corp. Class A | 0.98% | 5,521 | $1.2M | New |
| DSL Doubleline Income Solutions | 0.97% | 105,486 | $1.1M | Reduce -0.1% |
| TDG Transdigm Group Inc. | 0.96% | 980 | $1.1M | Reduce -3.4% |
| ROP Roper Technologies Inc. | 0.96% | 3,200 | $1.1M | Add +0.9% |
| GPN Global Payments Inc. | 0.96% | 16,820 | $1.1M | Add +50.4% |
| CRM Salesforce Inc. | 0.94% | 5,968 | $1.1M | New |
| AVGO Broadcom Inc. | 0.93% | 3,543 | $1.1M | Add +30.0% |
| NVR NVR Inc. | 0.91% | 163 | $1.1M | Reduce -2.4% |
| TYL Tyler Technologies Inc. | 0.90% | 3,104 | $1.1M | Add +29.3% |
| LYFT LYFT Inc. Class A | 0.90% | 79,541 | $1.1M | Reduce -13.7% |
| TLT iShares 20+ Year Treasury BD | 0.89% | 12,180 | $1.1M | Add +2.3% |
| STXK Strive Small-Cap ETF | 0.88% | 31,195 | $1.0M | Add +5.1% |
| BSX Boston Scientific Corp. | 0.86% | 16,173 | $1.0M | New |
| STOT SS DL St Dur TR Tact ETF | 0.85% | 21,382 | $1.0M | Reduce -61.1% |
| TRI Thomson Reuters Corp. | 0.84% | 11,082 | $997K | New |
| AMD Advanced Micro Devices | 0.83% | 4,838 | $984K | Add +98.9% |
| ADBE Adobe Inc. | 0.79% | 3,830 | $931K | New |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.78% | 11,761 | $925K | New |
| ONEQ Fidelity Nasdaq Comp Indx | 0.76% | 10,498 | $891K | Add +3.4% |
| STXV Strive 1000 Value ETF | 0.73% | 24,471 | $860K | Add +5.6% |
| DASH DoorDash Inc. Class A | 0.71% | 5,620 | $844K | Reduce -0.1% |
| WDAY Workday Inc. Class A | 0.68% | 6,137 | $797K | New |
| AXON Axon Enterprise Inc. | 0.66% | 1,841 | $782K | Add +61.6% |
| CSGP Costar Group Inc. | 0.63% | 18,360 | $741K | New |
| ZS Zscaler Inc. | 0.63% | 5,278 | $740K | Add +36.7% |
| SGOV iShares 0-3 Month Treasury B | 0.44% | 5,200 | $523K | Reduce -69.8% |
| STXE Strive Em Markets Ex-China | 0.44% | 13,285 | $519K | Add +2.0% |
| T AT&T Inc. | 0.34% | 14,000 | $406K | Reduce -3.5% |
| INTC Intel Corp. | 0.27% | 7,173 | $317K | No change |
| GLD SPDR Gold Shares | 0.26% | 724 | $312K | Reduce -1.4% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.20% | 4,716 | $240K | Reduce -9.0% |
| AG First Majestic Silver Corp. | 0.18% | 10,000 | $215K | No change |
| NLY Annaly Capital Management Inc. | 0.17% | 9,532 | $202K | No change |
| RC Ready Capital Corp. | 0.10% | 70,000 | $113K | No change |
| SFL SFL Corp. Ltd. | 0.09% | 10,000 | $108K | Reduce -13.0% |
Portfolio Sells Q4 2025 → Q1 2026
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −1.61 |
| FLS Flowserve Corp. | Sold out | 0.00% | −1.43 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −1.41 |
| EXEL Exelixis Inc. | Sold out | 0.00% | −1.33 |
| RPRX Royalty Pharma PLC Class A | Sold out | 0.00% | −1.32 |
| EME Emcor Group Inc. | Sold out | 0.00% | −1.27 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −1.26 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −1.25 |
| CFG Citizens Financial Group | Sold out | 0.00% | −1.25 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −1.22 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −1.21 |
| STOT SS DL St Dur TR Tact ETF | Reduce -61.1% | 0.85% | −1.16 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.99 |
| HALO Halozyme Therapeutics Inc. | Sold out | 0.00% | −0.98 |
| BIIB Biogen Inc. | Sold out | 0.00% | −0.91 |
| SGOV iShares 0-3 Month Treasury B | Reduce -69.8% | 0.44% | −0.89 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.89 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -17.9% | 7.69% | −0.84 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.66 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.64 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.55 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.51 |
| LYFT LYFT Inc. Class A | Reduce -13.7% | 0.90% | −0.49 |
| IDXX Idexx Laboratories Inc. | Reduce -23.2% | 1.10% | −0.48 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.38 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -21.4% | 1.73% | −0.37 |
| ORLY O'reilly Automotive Inc. | Reduce -26.4% | 1.42% | −0.32 |
| META Meta Platforms Inc. Class A | Reduce -12.4% | 1.55% | −0.31 |
| DASH DoorDash Inc. Class A | Reduce -0.1% | 0.71% | −0.27 |
| UHS Universal Health Services-B | Reduce -2.4% | 1.04% | −0.14 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -10.0% | 2.22% | −0.12 |
| TDG Transdigm Group Inc. | Reduce -3.4% | 0.96% | −0.08 |
| UBER Uber Technologies Inc. | Reduce -2.0% | 1.10% | −0.06 |
| NVR NVR Inc. | Reduce -2.4% | 0.91% | −0.03 |
| NEAR iShares SH Dba ETF Usd Inc. | Reduce -9.0% | 0.20% | −0.00 |
| SFL SFL Corp. Ltd. | Reduce -13.0% | 0.09% | +0.02 |
| XLV SS Health Care Select Sector | Reduce -0.8% | 1.30% | +0.04 |
| GLD SPDR Gold Shares | Reduce -1.4% | 0.26% | +0.04 |
| DSL Doubleline Income Solutions | Reduce -0.1% | 0.97% | +0.05 |
| AZO AutoZone Inc. | Reduce -4.0% | 1.16% | +0.05 |
| T AT&T Inc. | Reduce -3.5% | 0.34% | +0.07 |
| TOTL SS Doubleline TR Tact ETF | Reduce -3.2% | 3.25% | +0.14 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -3.7% | 2.39% | +0.16 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -2.9% | 4.97% | +0.28 |
| GOVT iShares US Treasury Bond ETF | Reduce -0.5% | 3.72% | +0.29 |
Portfolio Buys Q4 2025 → Q1 2026
| IEF iShares 7-10 Year Treasury B | Add +14.0% | 11.33% | +2.19 |
| NVDA Nvidia Corp. | Add +288.8% | 2.01% | +1.50 |
| AR Antero Resources Corp. | New | 1.41% | +1.41 |
| EQT Eqt Corp. | New | 1.31% | +1.31 |
| MRVL Marvell Technology Inc. | New | 1.21% | +1.21 |
| NBIX Neurocrine Biosciences Inc. | New | 1.11% | +1.11 |
| DLB Dolby Laboratories Inc. Class A | New | 1.11% | +1.11 |
| PGR Progressive Corp. | New | 1.10% | +1.10 |
| CART Maplebear Inc. | New | 1.06% | +1.06 |
| SW Smurfit Westrock PLC | New | 1.04% | +1.04 |
| ZBRA Zebra Technologies Corp. Class A | New | 0.98% | +0.98 |
| CRM Salesforce Inc. | New | 0.94% | +0.94 |
| CHRD Chord Energy Corp. | Add +28.7% | 1.68% | +0.91 |
| BSX Boston Scientific Corp. | New | 0.86% | +0.86 |
| TRI Thomson Reuters Corp. | New | 0.84% | +0.84 |
| ADBE Adobe Inc. | New | 0.79% | +0.79 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.78% | +0.78 |
| CTRA Coterra Energy Inc. | Add +28.4% | 1.58% | +0.74 |
| ARM Arm Holdings PLC-ADR | Add +40.4% | 1.36% | +0.72 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +2.0% | 6.58% | +0.70 |
| WDAY Workday Inc. Class A | New | 0.68% | +0.68 |
| CSGP Costar Group Inc. | New | 0.63% | +0.63 |
| NFLX Netflix Inc. | Add +57.0% | 1.10% | +0.47 |
| AMD Advanced Micro Devices | Add +98.9% | 0.83% | +0.43 |
| GPN Global Payments Inc. | Add +50.4% | 0.96% | +0.29 |
| BMRN Biomarin Pharmaceutical Inc. | Add +23.3% | 1.18% | +0.26 |
| EEFT Euronet Worldwide Inc. | Add +37.2% | 1.03% | +0.24 |
| AVGO Broadcom Inc. | Add +30.0% | 0.93% | +0.20 |
| MELI MercadoLibre Inc. | Add +19.2% | 1.67% | +0.18 |
| AXON Axon Enterprise Inc. | Add +61.6% | 0.66% | +0.16 |
| STXV Strive 1000 Value ETF | Add +5.6% | 0.73% | +0.13 |
| STXK Strive Small-Cap ETF | Add +5.1% | 0.88% | +0.12 |
| TLT iShares 20+ Year Treasury BD | Add +2.3% | 0.89% | +0.09 |
| BIRK Birkenstock Holding PLC | Add +14.6% | 1.00% | +0.09 |
| STXE Strive Em Markets Ex-China | Add +2.0% | 0.44% | +0.08 |
| STXF Strive 500 ETF | Add +2.5% | 1.00% | +0.06 |
| TYL Tyler Technologies Inc. | Add +29.3% | 0.90% | +0.06 |
| MTD Mettler-Toledo International | Add +6.5% | 1.08% | +0.06 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +3.4% | 0.76% | +0.04 |
| ZS Zscaler Inc. | Add +36.7% | 0.63% | −0.04 |
| ROP Roper Technologies Inc. | Add +0.9% | 0.96% | −0.13 |
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 |