Paragon Capital Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Paragon Capital Management LLC reported 57 stock positions worth $202.0 million. Its top holding was Apple (AAPL) at 10.1% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 9.6%) and Casey's General Stores (CASY, 7.7%). Compared with Q4 2025, it opened 2 new positions, sold out of 4, added to 21 and reduced 26. The biggest buy was Johnson & Johnson (JNJ, shares +2%) and the biggest sale iShares Russell 1000 ETF (IWB, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- OVERLAND PARK, KS
- CIK
- 0001388437
- Portfolio Value
- $202.0M (Q1 2026)
- SEC Filing
- 0001388437-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 57 stocks · $202.0M
| AAPL Apple Inc. | 10.08% | 80,196 | $20.4M | Add +0.3% |
| IWB iShares Russell 1000 ETF | 9.58% | 54,299 | $19.4M | Reduce -0.9% |
| CASY Casey's General Stores Inc. | 7.66% | 21,264 | $15.5M | Reduce -5.4% |
| COST Costco Wholesale Corp. | 7.16% | 14,522 | $14.5M | Reduce -3.8% |
| MSFT Microsoft Corp. | 6.92% | 37,773 | $14.0M | Add +1.5% |
| COP Conocophillips | 4.72% | 72,246 | $9.5M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 4.31% | 41,825 | $8.7M | Reduce -0.2% |
| JNJ Johnson & Johnson | 3.94% | 32,594 | $8.0M | Add +1.7% |
| MCD McDonald's Corp. | 3.53% | 22,953 | $7.1M | Add +0.1% |
| CSCO Cisco Systems Inc. | 3.34% | 86,947 | $6.7M | Reduce -0.4% |
| FDX FedEx Corp. | 3.32% | 18,812 | $6.7M | Reduce -1.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 3.04% | 38,485 | $6.1M | Reduce -1.1% |
| J Jacobs Solutions Inc. | 2.49% | 39,458 | $5.0M | Reduce -1.3% |
| WMT Walmart Inc. | 2.04% | 33,153 | $4.1M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.80% | 15,029 | $3.6M | Reduce -0.8% |
| CVX Chevron Corp. | 1.74% | 17,004 | $3.5M | Reduce -1.5% |
| GOOG Alphabet Inc. Class C | 1.70% | 11,974 | $3.4M | Reduce -0.2% |
| NVDA Nvidia Corp. | 1.36% | 15,738 | $2.7M | Reduce -2.1% |
| NKE Nike Inc. Class B | 1.33% | 51,009 | $2.7M | Reduce -0.3% |
| V Visa Inc. Class A | 1.20% | 8,016 | $2.4M | Reduce -2.8% |
| PSX Phillips 66 | 1.19% | 13,234 | $2.4M | Add +0.8% |
| STEL Stellar Bancorp Inc. | 1.19% | 65,848 | $2.4M | No change |
| INTC Intel Corp. | 1.08% | 49,535 | $2.2M | Add +1.3% |
| UMBF Umb Financial Corp. | 1.08% | 19,272 | $2.2M | No change |
| IWM iShares Russell 2000 ETF | 1.06% | 8,623 | $2.1M | Add +0.0% |
| CBSH Commerce Bancshares Inc. | 1.05% | 43,125 | $2.1M | Add +0.9% |
| CAT Caterpillar Inc. | 0.99% | 2,816 | $2.0M | Add +7.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.91% | 3,841 | $1.8M | Add +5.7% |
| C Citigroup Inc. | 0.87% | 15,454 | $1.8M | Reduce -0.6% |
| XOM Exxon Mobil Corp. | 0.80% | 9,532 | $1.6M | Reduce -1.6% |
| DVN Devon Energy Corp. | 0.78% | 31,319 | $1.6M | Reduce -1.4% |
| UNH Unitedhealth Group Inc. | 0.69% | 5,159 | $1.4M | Reduce -0.5% |
| HD Home Depot Inc. | 0.68% | 4,195 | $1.4M | Add +305.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.60% | 24,713 | $1.2M | Reduce -0.5% |
| AMTM Amentum Holdings Inc. | 0.56% | 43,158 | $1.1M | Reduce -1.3% |
| XOP SS SPDR S&P Og Exp & Prod | 0.52% | 5,772 | $1.0M | No change |
| BMY Bristol-Myers Squibb Co. | 0.49% | 16,269 | $987K | Add +2.2% |
| GSEW Goldman Sachs Eql WGHT Large | 0.35% | 8,308 | $703K | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 0.34% | 2,413 | $694K | Add +11.6% |
| RTX RTX Corp. | 0.30% | 3,148 | $607K | Add +8.0% |
| ADBE Adobe Inc. | 0.27% | 2,255 | $548K | Reduce -1.1% |
| AVGO Broadcom Inc. | 0.24% | 1,599 | $495K | Add +43.1% |
| UNP Union Pacific Corp. | 0.24% | 1,997 | $485K | Add +25.1% |
| SHEL Shell PLC-ADR | 0.23% | 4,938 | $459K | Add +4.8% |
| T AT&T Inc. | 0.22% | 15,361 | $445K | Add +24.7% |
| BA The Boeing Co. | 0.21% | 2,165 | $431K | No change |
| XLK SS Technology Select Sector | 0.21% | 3,226 | $429K | Reduce -7.2% |
| NEE Nextera Energy Inc. | 0.21% | 4,608 | $428K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.19% | 1,503 | $394K | Reduce -24.9% |
| MDY State Street SPDR S&P Midcap | 0.17% | 563 | $347K | No change |
| IJR iShares Core S&P Small-Cap E | 0.16% | 2,535 | $315K | Add +0.0% |
| XEL Xcel Energy Inc. | 0.15% | 3,931 | $312K | No change |
| JPM JPMorgan Chase & Co. | 0.15% | 1,037 | $305K | Reduce -4.5% |
| ABBV Abbvie Inc. | 0.14% | 1,316 | $286K | Add +48.4% |
| VZ Verizon Communications Inc. | 0.13% | 5,141 | $258K | New |
| LOW Lowe's Cos Inc. | 0.13% | 1,071 | $253K | No change |
| PG The Procter & Gamble Co. | 0.12% | 1,733 | $250K | Reduce -3.4% |
Portfolio Sells Q4 2025 → Q1 2026
| IWB iShares Russell 1000 ETF | Reduce -0.9% | 9.58% | −0.79 |
| AMZN Amazon.com Inc. | Reduce -0.2% | 4.31% | −0.59 |
| IBM Intl Business Machines Corp. | Reduce -0.8% | 1.80% | −0.47 |
| NKE Nike Inc. Class B | Reduce -0.3% | 1.33% | −0.32 |
| V Visa Inc. Class A | Reduce -2.8% | 1.20% | −0.27 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 1.70% | −0.21 |
| J Jacobs Solutions Inc. | Reduce -1.3% | 2.49% | −0.20 |
| UNH Unitedhealth Group Inc. | Reduce -0.5% | 0.69% | −0.18 |
| NVDA Nvidia Corp. | Reduce -2.1% | 1.36% | −0.16 |
| FNDA Schwab Fndmntl US SM Co. ETF | Sold out | 0.00% | −0.14 |
| ADBE Adobe Inc. | Reduce -1.1% | 0.27% | −0.13 |
| BOND PIMCO Active Bond Exchange-T | Sold out | 0.00% | −0.11 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.11 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.10 |
| BAC Bank of America Corp. | Reduce -0.5% | 0.60% | −0.10 |
| AMTM Amentum Holdings Inc. | Reduce -1.3% | 0.56% | −0.09 |
| CSCO Cisco Systems Inc. | Reduce -0.4% | 3.34% | −0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -24.9% | 0.19% | −0.07 |
| C Citigroup Inc. | Reduce -0.6% | 0.87% | −0.05 |
| XLK SS Technology Select Sector | Reduce -7.2% | 0.21% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -4.5% | 0.15% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -3.4% | 0.12% | −0.01 |
| TJX TJX Companies Inc. | Reduce -1.1% | 3.04% | +0.01 |
| DVN Devon Energy Corp. | Reduce -1.4% | 0.78% | +0.19 |
| XOM Exxon Mobil Corp. | Reduce -1.6% | 0.80% | +0.21 |
| CVX Chevron Corp. | Reduce -1.5% | 1.74% | +0.41 |
| FDX FedEx Corp. | Reduce -1.0% | 3.32% | +0.54 |
| COST Costco Wholesale Corp. | Reduce -3.8% | 7.16% | +0.57 |
| COP Conocophillips | Reduce -0.4% | 4.72% | +1.28 |
| CASY Casey's General Stores Inc. | Reduce -5.4% | 7.66% | +1.37 |
Portfolio Buys Q4 2025 → Q1 2026
| JNJ Johnson & Johnson | Add +1.7% | 3.94% | +0.59 |
| HD Home Depot Inc. | Add +305.3% | 0.68% | +0.50 |
| PSX Phillips 66 | Add +0.8% | 1.19% | +0.34 |
| CAT Caterpillar Inc. | Add +7.7% | 0.99% | +0.23 |
| NEE Nextera Energy Inc. | New | 0.21% | +0.21 |
| INTC Intel Corp. | Add +1.3% | 1.08% | +0.17 |
| VZ Verizon Communications Inc. | New | 0.13% | +0.13 |
| T AT&T Inc. | Add +24.7% | 0.22% | +0.07 |
| BMY Bristol-Myers Squibb Co. | Add +2.2% | 0.49% | +0.05 |
| UNP Union Pacific Corp. | Add +25.1% | 0.24% | +0.05 |
| SHEL Shell PLC-ADR | Add +4.8% | 0.23% | +0.05 |
| AVGO Broadcom Inc. | Add +43.1% | 0.24% | +0.05 |
| ABBV Abbvie Inc. | Add +48.4% | 0.14% | +0.04 |
| RTX RTX Corp. | Add +8.0% | 0.30% | +0.03 |
| IJR iShares Core S&P Small-Cap E | Add +0.0% | 0.16% | +0.00 |
| GOOGL Alphabet Inc. Class A | Add +11.6% | 0.34% | +0.00 |
| GSEW Goldman Sachs Eql WGHT Large | Add +0.7% | 0.35% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.7% | 0.91% | −0.01 |
| IWM iShares Russell 2000 ETF | Add +0.0% | 1.06% | −0.02 |
| MCD McDonald's Corp. | Add +0.1% | 3.53% | −0.02 |
| CBSH Commerce Bancshares Inc. | Add +0.9% | 1.05% | −0.08 |
| AAPL Apple Inc. | Add +0.3% | 10.08% | −0.94 |
| MSFT Microsoft Corp. | Add +1.5% | 6.92% | −2.20 |
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 |