Paragon Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Paragon Capital Management LLC reported 53 stock positions worth $185.6 million. Its top holding was Microsoft (MSFT) at 10.5% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 10.4%) and Apple (AAPL, 8.9%). Compared with Q4 2023, it opened 1 new position, added to 17 and reduced 25. The biggest buy was a new position in Norfolk Southern (NSC) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- OVERLAND PARK, KS
- CIK
- 0001388437
- Portfolio Value
- $185.6M (Q1 2024)
- SEC Filing
- 0001085146-24-002440 ↗ filed May 13, 2024
Holdings Value
Holdings 53 stocks · $185.6M
| MSFT Microsoft Corp. | 10.55% | 46,550 | $19.6M | Reduce -1.2% |
| IWB iShares Russell 1000 ETF | 10.42% | 67,136 | $19.3M | Reduce -1.6% |
| AAPL Apple Inc. | 8.94% | 96,750 | $16.6M | Reduce -1.6% |
| COST Costco Wholesale Corp. | 8.46% | 21,430 | $15.7M | Reduce -1.3% |
| COP Conocophillips | 5.56% | 81,064 | $10.3M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 5.01% | 51,610 | $9.3M | Reduce -1.3% |
| CASY Casey's General Stores Inc. | 4.97% | 28,989 | $9.2M | Reduce -0.8% |
| J Jacobs Solutions Inc. | 4.53% | 54,692 | $8.4M | Reduce -1.0% |
| MCD McDonald's Corp. | 4.26% | 28,064 | $7.9M | Reduce -0.2% |
| FDX FedEx Corp. | 3.93% | 25,162 | $7.3M | Reduce -1.2% |
| NKE Nike Inc. Class B | 3.24% | 64,053 | $6.0M | Reduce -0.7% |
| CSCO Cisco Systems Inc. | 2.98% | 110,880 | $5.5M | Reduce -1.7% |
| JNJ Johnson & Johnson | 2.89% | 33,869 | $5.4M | Add +0.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.70% | 49,458 | $5.0M | Reduce -1.7% |
| CVS CVS Health Corp. | 2.40% | 55,793 | $4.5M | Reduce -1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.94% | 18,865 | $3.6M | Reduce -0.7% |
| INTC Intel Corp. | 1.81% | 76,160 | $3.4M | Add +0.2% |
| V Visa Inc. Class A | 1.53% | 10,203 | $2.8M | Reduce -1.2% |
| CBSH Commerce Bancshares Inc. | 1.14% | 39,612 | $2.1M | No change |
| GOOG Alphabet Inc. Class C | 1.12% | 13,602 | $2.1M | Reduce -0.7% |
| PSX Phillips 66 | 1.09% | 12,364 | $2.0M | Add +0.9% |
| IWM iShares Russell 2000 ETF | 1.04% | 9,192 | $1.9M | Reduce -2.1% |
| DVN Devon Energy Corp. | 0.98% | 36,142 | $1.8M | Reduce -0.3% |
| CVX Chevron Corp. | 0.72% | 8,425 | $1.3M | Add +3.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.67% | 2,944 | $1.2M | No change |
| UMBF Umb Financial Corp. | 0.63% | 13,463 | $1.2M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.62% | 30,479 | $1.2M | Reduce -1.5% |
| XOP SS SPDR S&P Og Exp & Prod | 0.62% | 7,411 | $1.1M | Reduce -1.4% |
| BMY Bristol-Myers Squibb Co. | 0.60% | 20,500 | $1.1M | Add +1.1% |
| XOM Exxon Mobil Corp. | 0.49% | 7,800 | $907K | Add +18.6% |
| KVUE Kenvue Inc. | 0.33% | 28,930 | $621K | Reduce -1.0% |
| GSEW Goldman Sachs Eql WGHT Large | 0.33% | 8,475 | $617K | Add +24.4% |
| NSC Norfolk Southern Corp. | 0.24% | 1,770 | $451K | New |
| WMT Walmart Inc. | 0.23% | 7,044 | $424K | Add +5.8% |
| PG The Procter & Gamble Co. | 0.22% | 2,552 | $414K | Add +1.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.22% | 1,761 | $403K | Add +0.2% |
| SHEL Shell PLC-ADR | 0.19% | 5,294 | $355K | Add +1.2% |
| UNH Unitedhealth Group Inc. | 0.19% | 701 | $347K | No change |
| MDY State Street SPDR S&P Midcap | 0.17% | 582 | $324K | No change |
| HD Home Depot Inc. | 0.17% | 839 | $322K | Add +1.0% |
| CP Canadian Pacific Kansas City | 0.17% | 3,609 | $318K | No change |
| IJR iShares Core S&P Small-Cap E | 0.17% | 2,859 | $316K | No change |
| RTX RTX Corp. | 0.17% | 3,154 | $308K | Add +10.2% |
| ADBE Adobe Inc. | 0.16% | 605 | $305K | Reduce -3.2% |
| XLK SS Technology Select Sector | 0.16% | 1,460 | $304K | No change |
| JPM JPMorgan Chase & Co. | 0.15% | 1,406 | $282K | Reduce -2.5% |
| LOW Lowe's Cos Inc. | 0.15% | 1,071 | $273K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.14% | 4,578 | $261K | Add +0.3% |
| PEP Pepsico Inc. | 0.13% | 1,424 | $249K | Add +15.1% |
| MMM 3M Co. | 0.13% | 2,345 | $249K | Add +9.0% |
| YUM Yum! Brands Inc. | 0.12% | 1,542 | $214K | Reduce -24.7% |
| XEL Xcel Energy Inc. | 0.11% | 3,931 | $211K | No change |
| T AT&T Inc. | 0.10% | 11,024 | $194K | Add +5.0% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -1.6% | 8.94% | −1.81 |
| NKE Nike Inc. Class B | Reduce -0.7% | 3.24% | −0.73 |
| MCD McDonald's Corp. | Reduce -0.2% | 4.26% | −0.47 |
| CSCO Cisco Systems Inc. | Reduce -1.7% | 2.98% | −0.25 |
| CVS CVS Health Corp. | Reduce -1.3% | 2.40% | −0.14 |
| ADBE Adobe Inc. | Reduce -3.2% | 0.16% | −0.05 |
| YUM Yum! Brands Inc. | Reduce -24.7% | 0.12% | −0.04 |
| IWM iShares Russell 2000 ETF | Reduce -2.1% | 1.04% | −0.03 |
| KVUE Kenvue Inc. | Reduce -1.0% | 0.33% | −0.02 |
| V Visa Inc. Class A | Reduce -1.2% | 1.53% | +0.01 |
| JPM JPMorgan Chase & Co. | Reduce -2.5% | 0.15% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -0.7% | 1.12% | +0.02 |
| TJX TJX Companies Inc. | Reduce -1.7% | 2.70% | +0.02 |
| BAC Bank of America Corp. | Reduce -1.5% | 0.62% | +0.03 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -1.4% | 0.62% | +0.03 |
| DVN Devon Energy Corp. | Reduce -0.3% | 0.98% | +0.04 |
| IBM Intl Business Machines Corp. | Reduce -0.7% | 1.94% | +0.18 |
| COP Conocophillips | Reduce -0.1% | 5.56% | +0.21 |
| IWB iShares Russell 1000 ETF | Reduce -1.6% | 10.42% | +0.26 |
| FDX FedEx Corp. | Reduce -1.2% | 3.93% | +0.27 |
| COST Costco Wholesale Corp. | Reduce -1.3% | 8.46% | +0.33 |
| CASY Casey's General Stores Inc. | Reduce -0.8% | 4.97% | +0.42 |
| J Jacobs Solutions Inc. | Reduce -1.0% | 4.53% | +0.46 |
| MSFT Microsoft Corp. | Reduce -1.2% | 10.55% | +0.49 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 5.01% | +0.50 |
Portfolio Buys Q4 2023 → Q1 2024
| NSC Norfolk Southern Corp. | New | 0.24% | +0.24 |
| PSX Phillips 66 | Add +0.9% | 1.09% | +0.16 |
| XOM Exxon Mobil Corp. | Add +18.6% | 0.49% | +0.12 |
| GSEW Goldman Sachs Eql WGHT Large | Add +24.4% | 0.33% | +0.07 |
| WMT Walmart Inc. | Add +5.8% | 0.23% | +0.03 |
| RTX RTX Corp. | Add +10.2% | 0.17% | +0.03 |
| CVX Chevron Corp. | Add +3.5% | 0.72% | +0.03 |
| PEP Pepsico Inc. | Add +15.1% | 0.13% | +0.01 |
| PG The Procter & Gamble Co. | Add +1.4% | 0.22% | +0.01 |
| HD Home Depot Inc. | Add +1.0% | 0.17% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +1.1% | 0.60% | +0.01 |
| T AT&T Inc. | Add +5.0% | 0.10% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.2% | 0.22% | +0.00 |
| MMM 3M Co. | Add +9.0% | 0.13% | +0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +0.3% | 0.14% | −0.00 |
| SHEL Shell PLC-ADR | Add +1.2% | 0.19% | −0.00 |
| JNJ Johnson & Johnson | Add +0.8% | 2.89% | −0.10 |
| INTC Intel Corp. | Add +0.2% | 1.81% | −0.36 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 60 | $216.1M | AAPL, IWB, CASY, MSFT, COST |
| Q1 2026 | 57 | $202.0M | AAPL, IWB, CASY, COST, MSFT |
| Q4 2025 | 59 | $197.4M | AAPL, IWB, MSFT, COST, CASY |
| Q3 2025 | 58 | $207.1M | AAPL, IWB, MSFT, COST, CASY |
| Q2 2025 | 58 | $194.7M | MSFT, IWB, AAPL, COST, CASY |
| Q1 2025 | 50 | $174.8M | AAPL, IWB, COST, MSFT, CASY |
| Q4 2024 | 53 | $186.6M | AAPL, IWB, MSFT, COST, CASY |
| Q3 2024 | 60 | $193.3M | AAPL, IWB, MSFT, COST, CASY |
| Q2 2024 | 52 | $185.3M | MSFT, AAPL, IWB, COST, CASY |
| Q1 2024 | 53 | $185.6M | MSFT, IWB, AAPL, COST, COP |