Paragon Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Paragon Capital Management LLC reported 53 stock positions worth $186.6 million. Its top holding was Apple (AAPL) at 12.2% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 11.1%) and Microsoft (MSFT, 9.9%). Compared with Q3 2024, it opened 1 new position, sold out of 8, added to 5 and reduced 42. The biggest buy was Commerce Bancshares (CBSH, shares +4%) and the biggest sale Nike Class B (NKE, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- OVERLAND PARK, KS
- CIK
- 0001388437
- Portfolio Value
- $186.6M (Q4 2024)
- SEC Filing
- 0001085146-25-000987 ↗ filed Feb 11, 2025
Holdings Value
Holdings 53 stocks · $186.6M
| AAPL Apple Inc. | 12.21% | 90,930 | $22.8M | Reduce -5.9% |
| IWB iShares Russell 1000 ETF | 11.05% | 64,006 | $20.6M | Reduce -1.9% |
| MSFT Microsoft Corp. | 9.90% | 43,798 | $18.5M | Reduce -3.6% |
| COST Costco Wholesale Corp. | 9.57% | 19,495 | $17.9M | Reduce -6.3% |
| CASY Casey's General Stores Inc. | 5.67% | 26,708 | $10.6M | Reduce -4.8% |
| AMZN Amazon.com Inc. | 5.63% | 47,902 | $10.5M | Reduce -5.6% |
| COP Conocophillips | 4.15% | 78,140 | $7.7M | Reduce -1.8% |
| MCD McDonald's Corp. | 4.07% | 26,217 | $7.6M | Reduce -3.9% |
| FDX FedEx Corp. | 3.53% | 23,402 | $6.6M | Reduce -3.8% |
| J Jacobs Solutions Inc. | 3.51% | 48,999 | $6.5M | Reduce -7.1% |
| CSCO Cisco Systems Inc. | 3.29% | 103,765 | $6.1M | Reduce -3.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.97% | 45,791 | $5.5M | Reduce -4.4% |
| JNJ Johnson & Johnson | 2.42% | 31,189 | $4.5M | Reduce -4.1% |
| NKE Nike Inc. Class B | 2.40% | 59,259 | $4.5M | Reduce -4.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.14% | 18,125 | $4.0M | Reduce -1.2% |
| V Visa Inc. Class A | 1.63% | 9,635 | $3.0M | Reduce -4.2% |
| GOOG Alphabet Inc. Class C | 1.38% | 13,526 | $2.6M | Reduce -2.5% |
| CBSH Commerce Bancshares Inc. | 1.36% | 40,663 | $2.5M | Add +4.1% |
| IWM iShares Russell 2000 ETF | 1.08% | 9,095 | $2.0M | Reduce -0.6% |
| PSX Phillips 66 | 0.81% | 13,267 | $1.5M | Add +2.8% |
| UMBF Umb Financial Corp. | 0.80% | 13,263 | $1.5M | Reduce -16.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.72% | 2,944 | $1.3M | Reduce -0.9% |
| INTC Intel Corp. | 0.71% | 66,336 | $1.3M | Reduce -6.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.68% | 28,917 | $1.3M | Reduce -2.7% |
| CVX Chevron Corp. | 0.66% | 8,454 | $1.2M | Reduce -1.1% |
| DVN Devon Energy Corp. | 0.61% | 35,015 | $1.1M | Reduce -1.0% |
| BMY Bristol-Myers Squibb Co. | 0.58% | 19,241 | $1.1M | Reduce -4.0% |
| C Citigroup Inc. | 0.57% | 15,058 | $1.1M | Reduce -4.5% |
| AMTM Amentum Holdings Inc. | 0.56% | 50,096 | $1.1M | Reduce -5.0% |
| KVUE Kenvue Inc. | 0.52% | 45,311 | $967K | Reduce -3.3% |
| XOP SS SPDR S&P Og Exp & Prod | 0.51% | 7,132 | $944K | Reduce -1.0% |
| XOM Exxon Mobil Corp. | 0.47% | 8,119 | $873K | Reduce -5.2% |
| GSEW Goldman Sachs Eql WGHT Large | 0.36% | 8,652 | $668K | Add +2.9% |
| WMT Walmart Inc. | 0.35% | 7,247 | $655K | Reduce -6.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.26% | 2,024 | $487K | Reduce -4.0% |
| HD Home Depot Inc. | 0.24% | 1,143 | $445K | Add +26.9% |
| PG The Procter & Gamble Co. | 0.21% | 2,368 | $397K | Reduce -12.7% |
| JPM JPMorgan Chase & Co. | 0.19% | 1,474 | $353K | Reduce -17.6% |
| XLK SS Technology Select Sector | 0.19% | 1,498 | $349K | Reduce -3.2% |
| RTX RTX Corp. | 0.18% | 2,925 | $338K | Reduce -0.6% |
| NVDA Nvidia Corp. | 0.18% | 2,477 | $333K | Reduce -4.4% |
| IJR iShares Core S&P Small-Cap E | 0.18% | 2,859 | $329K | No change |
| SHEL Shell PLC-ADR | 0.18% | 5,231 | $328K | No change |
| MDY State Street SPDR S&P Midcap | 0.17% | 570 | $325K | No change |
| XEL Xcel Energy Inc. | 0.14% | 3,931 | $265K | No change |
| LOW Lowe's Cos Inc. | 0.14% | 1,071 | $264K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.14% | 8,770 | $260K | Reduce -31.3% |
| CP Canadian Pacific Kansas City | 0.13% | 3,416 | $247K | Reduce -5.3% |
| T AT&T Inc. | 0.13% | 10,500 | $239K | Reduce -3.7% |
| AVGO Broadcom Inc. | 0.12% | 971 | $225K | New |
| ABBV Abbvie Inc. | 0.12% | 1,260 | $224K | Add +20.1% |
| ORCL Oracle Corp. | 0.12% | 1,318 | $220K | Reduce -15.0% |
| ADBE Adobe Inc. | 0.11% | 470 | $209K | Reduce -16.2% |
Portfolio Sells Q3 2024 → Q4 2024
| NKE Nike Inc. Class B | Reduce -4.9% | 2.40% | −0.45 |
| AMTM Amentum Holdings Inc. | Reduce -5.0% | 0.56% | −0.32 |
| JNJ Johnson & Johnson | Reduce -4.1% | 2.42% | −0.31 |
| MCD McDonald's Corp. | Reduce -3.9% | 4.07% | −0.22 |
| MSFT Microsoft Corp. | Reduce -3.6% | 9.90% | −0.22 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.22 |
| COP Conocophillips | Reduce -1.8% | 4.15% | −0.18 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Sold out | 0.00% | −0.15 |
| MMM 3M Co. | Sold out | 0.00% | −0.15 |
| INTC Intel Corp. | Reduce -6.7% | 0.71% | −0.15 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Sold out | 0.00% | −0.13 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.13 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.12 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.11 |
| USB US Bancorp | Sold out | 0.00% | −0.11 |
| DVN Devon Energy Corp. | Reduce -1.0% | 0.61% | −0.10 |
| J Jacobs Solutions Inc. | Reduce -7.1% | 3.51% | −0.06 |
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -31.3% | 0.14% | −0.06 |
| UMBF Umb Financial Corp. | Reduce -16.1% | 0.80% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -5.2% | 0.47% | −0.05 |
| KVUE Kenvue Inc. | Reduce -3.3% | 0.52% | −0.04 |
| ADBE Adobe Inc. | Reduce -16.2% | 0.11% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -12.7% | 0.21% | −0.03 |
| CP Canadian Pacific Kansas City | Reduce -5.3% | 0.13% | −0.03 |
| ORCL Oracle Corp. | Reduce -15.0% | 0.12% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -17.6% | 0.19% | −0.01 |
| RTX RTX Corp. | Reduce -0.6% | 0.18% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -4.0% | 0.26% | +0.00 |
| T AT&T Inc. | Reduce -3.7% | 0.13% | +0.00 |
| CVX Chevron Corp. | Reduce -1.1% | 0.66% | +0.00 |
| XLK SS Technology Select Sector | Reduce -3.2% | 0.19% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.9% | 0.72% | +0.01 |
| NVDA Nvidia Corp. | Reduce -4.4% | 0.18% | +0.02 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -1.0% | 0.51% | +0.02 |
| WMT Walmart Inc. | Reduce -6.8% | 0.35% | +0.03 |
| COST Costco Wholesale Corp. | Reduce -6.3% | 9.57% | +0.03 |
| IWM iShares Russell 2000 ETF | Reduce -0.6% | 1.08% | +0.03 |
| IBM Intl Business Machines Corp. | Reduce -1.2% | 2.14% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -4.0% | 0.58% | +0.05 |
| TJX TJX Companies Inc. | Reduce -4.4% | 2.97% | +0.05 |
| C Citigroup Inc. | Reduce -4.5% | 0.57% | +0.06 |
| BAC Bank of America Corp. | Reduce -2.7% | 0.68% | +0.07 |
| FDX FedEx Corp. | Reduce -3.8% | 3.53% | +0.08 |
| GOOG Alphabet Inc. Class C | Reduce -2.5% | 1.38% | +0.18 |
| V Visa Inc. Class A | Reduce -4.2% | 1.63% | +0.20 |
| CASY Casey's General Stores Inc. | Reduce -4.8% | 5.67% | +0.22 |
| CSCO Cisco Systems Inc. | Reduce -3.2% | 3.29% | +0.34 |
| IWB iShares Russell 1000 ETF | Reduce -1.9% | 11.05% | +0.44 |
| AAPL Apple Inc. | Reduce -5.9% | 12.21% | +0.56 |
| AMZN Amazon.com Inc. | Reduce -5.6% | 5.63% | +0.74 |
Portfolio Buys Q3 2024 → Q4 2024
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 |