Paragon Capital Management Ltd
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 29, 2026), Paragon Capital Management Ltd reported 222 stock positions worth $525.6 million. Its top holding was Vanguard Dividend Apprec ETF (VIG) at 13.3% of the portfolio, followed by Invesco S&P 500 Quality ETF (SPHQ, 12.0%) and Airbnb Class A (ABNB, 9.9%). Compared with Q1 2026, it opened 60 new positions, sold out of 37, added to 31 and reduced 83. The biggest buy was a new position in Infleqtion (INFQ) and the biggest sale iShares MSCI International Q (IQLT, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001569765
- Portfolio Value
- $525.6M (Q2 2026)
- SEC Filing
- 0001569765-26-000003 ↗ filed Jul 29, 2026
Holdings Value
Holdings 222 stocks · $525.6M
| VIG Vanguard Dividend Apprec ETF | 13.29% | 295,185 | $69.8M | Reduce -2.3% |
| SPHQ Invesco S&P 500 Quality ETF | 11.97% | 698,569 | $62.9M | Reduce -2.8% |
| ABNB Airbnb Inc. Class A | 9.89% | 363,431 | $52.0M | No change |
| DOCN Digitalocean Holdings Inc. | 7.64% | 255,766 | $40.2M | Reduce -16.9% |
| IQLT iShares MSCI International Q | 5.05% | 535,930 | $26.6M | Reduce -11.6% |
| COWZ Pacer US Cash Cows 100 ETF | 4.85% | 410,235 | $25.5M | Reduce -3.2% |
| MSFT Microsoft Corp. | 4.01% | 56,526 | $21.1M | Reduce -0.3% |
| OKTA Okta Inc. | 3.22% | 124,200 | $16.9M | No change |
| QLTY GMO U.S. Quality ETF | 3.19% | 402,821 | $16.8M | Add +2.5% |
| COIN Coinbase Global Inc. Class A | 3.05% | 109,786 | $16.0M | No change |
| PINS Pinterest Inc. Class A | 1.93% | 481,906 | $10.1M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.71% | 12,067 | $9.0M | Reduce -1.7% |
| FLJP Franklin Ftse Japan ETF | 1.68% | 222,642 | $8.9M | Reduce -3.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.57% | 37,850 | $8.2M | Add +4.0% |
| CRM Salesforce Inc. | 1.55% | 52,139 | $8.2M | No change |
| ESGV Vanguard ESG US Stock ETF | 1.33% | 52,721 | $7.0M | Add +0.2% |
| EFA iShares MSCI Eafe ETF | 1.27% | 64,265 | $6.7M | Reduce -1.8% |
| LYFT LYFT Inc. Class A | 0.79% | 283,742 | $4.1M | No change |
| AAPL Apple Inc. | 0.73% | 13,242 | $3.8M | Reduce -2.9% |
| POET Poet Technologies Inc. | 0.73% | 371,220 | $3.8M | Reduce -21.3% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.72% | 34,896 | $3.8M | Reduce -3.2% |
| VSGX Vanguard ESG Intl Stock ETF | 0.61% | 39,219 | $3.2M | Add +7.8% |
| AVUV Avantis US Small Cap Value | 0.61% | 25,603 | $3.2M | Add +3.3% |
| IOT Samsara Inc. Class A | 0.51% | 83,389 | $2.7M | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.50% | 51,762 | $2.6M | Reduce -3.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.45% | 11,964 | $2.4M | Reduce -0.3% |
| EWJ iShares MSCI Japan ETF | 0.44% | 24,845 | $2.3M | Reduce -5.4% |
| TXN Texas Instruments Inc. | 0.43% | 7,528 | $2.2M | Add +0.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.38% | 8,269 | $2.0M | Add +0.2% |
| IEI iShares 3-7 Year Treasury Bo | 0.33% | 14,900 | $1.8M | Reduce -1.2% |
| NOBL Proshares S&P 500 Dividend A | 0.33% | 31,061 | $1.7M | Reduce -25.4% |
| VTEI Vanguard Int Tax-Exempt Bond | 0.31% | 16,371 | $1.7M | Reduce -5.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.31% | 17,015 | $1.6M | Reduce -0.3% |
| ABBV Abbvie Inc. | 0.31% | 6,382 | $1.6M | Reduce -0.7% |
| LLY Eli Lilly & Co. | 0.28% | 1,214 | $1.5M | Reduce -13.8% |
| WMT Walmart Inc. | 0.26% | 12,077 | $1.4M | No change |
| VSS Vanguard Ftse All Wo X-US SC | 0.25% | 8,658 | $1.3M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 4,712 | $1.3M | Reduce -6.9% |
| ET Energy Transfer LP | 0.25% | 68,724 | $1.3M | No change |
| INFQ Infleqtion Inc. | 0.24% | 94,080 | $1.3M | New |
| PG The Procter & Gamble Co. | 0.23% | 8,380 | $1.2M | Reduce -3.2% |
| BEPC Brookfield Renewable Corp. | 0.23% | 32,339 | $1.2M | No change |
| VEA Vanguard Ftse Developed ETF | 0.22% | 16,156 | $1.2M | Reduce -7.6% |
| MDY State Street SPDR S&P Midcap | 0.20% | 1,511 | $1.1M | Reduce -11.1% |
| ORCL Oracle Corp. | 0.20% | 7,190 | $1.1M | Reduce -3.9% |
| CSCO Cisco Systems Inc. | 0.20% | 8,727 | $1.0M | Reduce -3.0% |
| RBLX Roblox Corp. Class A | 0.19% | 18,588 | $1.0M | No change |
| JPM JPMorgan Chase & Co. | 0.19% | 2,982 | $976K | Add +0.5% |
| AMGN Amgen Inc. | 0.18% | 2,620 | $949K | No change |
| IWD iShares Russell 1000 Value E | 0.18% | 3,901 | $946K | Reduce -2.7% |
| HOOD Robinhood Markets Inc. Class A | 0.17% | 9,129 | $915K | No change |
| KLAC KLA Corp. | 0.17% | 3,020 | $911K | No change |
| NVDA Nvidia Corp. | 0.17% | 4,537 | $908K | Add +0.1% |
| AFRM Affirm Holdings Inc. | 0.17% | 10,770 | $878K | No change |
| ESML iShares ESG Aware MSCI USA S | 0.16% | 15,164 | $848K | Add +7.3% |
| QVMT Invesco S&P 500 Concentrated | 0.16% | 11,885 | $831K | Add +0.3% |
| DASH DoorDash Inc. Class A | 0.15% | 4,390 | $810K | No change |
| JNJ Johnson & Johnson | 0.14% | 2,920 | $742K | Add +0.0% |
| VT Vanguard Tot World STK ETF | 0.14% | 4,726 | $742K | Add +4.6% |
| RPV Invesco S&P 500 Pure Value E | 0.13% | 5,937 | $676K | Add +86.3% |
| ASAN Asana Inc. Class A | 0.13% | 94,152 | $659K | No change |
| CVX Chevron Corp. | 0.12% | 3,872 | $642K | Reduce -5.7% |
| SPMO Invesco S&P 500 Momentum ETF | 0.12% | 3,933 | $635K | Reduce -48.2% |
| GLD SPDR Gold Shares | 0.12% | 1,693 | $624K | Reduce -0.5% |
| KO The Coca-Cola Co. | 0.12% | 7,477 | $608K | No change |
| CART Maplebear Inc. | 0.11% | 12,740 | $603K | No change |
| PFE Pfizer Inc. | 0.11% | 24,865 | $599K | Reduce -0.5% |
| AMAT Applied Materials Inc. | 0.11% | 800 | $579K | Reduce -3.0% |
| MRK Merck & Co. Inc. | 0.11% | 4,355 | $560K | Add +0.2% |
| EPD Enterprise Products Partners | 0.10% | 15,000 | $551K | No change |
| ITW Illinois Tool Works | 0.10% | 2,000 | $541K | No change |
| TOTL SS Doubleline TR Tact ETF | 0.10% | 13,704 | $541K | Reduce -0.9% |
| RDDT Reddit Inc. Class A | 0.10% | 3,094 | $537K | No change |
| TAP Molson Coors Beverage Co. Class B | 0.10% | 13,260 | $517K | Add +17.1% |
| IWN iShares Russell 2000 Value E | 0.09% | 2,219 | $491K | Add +0.2% |
| ABT Abbott Laboratories | 0.09% | 5,159 | $468K | Add +0.1% |
| AMZN Amazon.com Inc. | 0.09% | 1,946 | $464K | Reduce -25.8% |
| DPZ Domino's Pizza Inc. | 0.09% | 1,557 | $461K | No change |
| BIPC Brookfield Infrastructure-A | 0.09% | 11,904 | $458K | No change |
| HON Honeywell International Inc. | 0.08% | 1,989 | $445K | No change |
| HONA Honeywell Aerospace Inc. | 0.08% | 1,988 | $440K | No change |
| NOC Northrop Grumman Corp. | 0.08% | 858 | $437K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.08% | 1,177 | $436K | Reduce -20.9% |
| TOLZ Proshares GLB Infrastructure | 0.08% | 7,220 | $428K | No change |
| HPE Hewlett Packard Enterprise | 0.08% | 9,473 | $427K | Reduce -36.8% |
| ILCG iShares Morningstar Growth E | 0.08% | 3,634 | $425K | No change |
| ICLN iShares Global Clean Energy | 0.08% | 19,861 | $407K | Add +0.3% |
| VCIT Vanguard Int-Term Corporate | 0.08% | 4,906 | $406K | Add +5.4% |
| CMCSA Comcast Corp. Class A | 0.08% | 16,482 | $405K | Reduce -1.4% |
| YUM Yum! Brands Inc. | 0.08% | 2,509 | $401K | No change |
| PXF Invesco Rafi Developed Marke | 0.07% | 5,086 | $385K | No change |
| CL Colgate-Palmolive Co. | 0.07% | 4,076 | $374K | No change |
| DVA Davita Inc. | 0.07% | 1,649 | $367K | New |
| VOO Vanguard S&P 500 ETF | 0.07% | 533 | $366K | Reduce -15.1% |
| AXP American Express Co. | 0.07% | 1,074 | $363K | No change |
| GII State Street SPDR S&P Global | 0.07% | 4,685 | $355K | Reduce -4.1% |
| RSP Invesco S&P 500 Equal Weight | 0.07% | 1,627 | $346K | Add +0.1% |
| PHO Invesco Water Resources ETF | 0.07% | 4,982 | $344K | Add +0.2% |
| VIGI Vanguard Int Div App Indx FD | 0.06% | 3,653 | $341K | No change |
| PRF Invesco Rafi US 1000 ETF | 0.06% | 6,240 | $337K | Reduce -9.3% |
Lines left out (1) · $2.4M — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| CASH Pathward Financial Inc. | COM | 0 | $2.4M |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $528.0M.
Portfolio Sells Q1 2026 → Q2 2026
| IQLT iShares MSCI International Q | Reduce -11.6% | 5.05% | −0.86 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -3.2% | 4.85% | −0.74 |
| MSFT Microsoft Corp. | Reduce -0.3% | 4.01% | −0.41 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.3% | 13.29% | −0.41 |
| NOBL Proshares S&P 500 Dividend A | Reduce -25.4% | 0.33% | −0.13 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.12 |
| AMKR Amkor Technology Inc. | Sold out | 0.00% | −0.10 |
| DVN Devon Energy Corp. | Reduce -50.8% | 0.05% | −0.09 |
| NE Noble Corp. PLC | Sold out | 0.00% | −0.09 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.09 |
| CVE Cenovus Energy Inc. | Sold out | 0.00% | −0.09 |
| MUR Murphy Oil Corp. | Sold out | 0.00% | −0.07 |
| PR Permian Resources Corp. Class A | Sold out | 0.00% | −0.07 |
| FLJP Franklin Ftse Japan ETF | Reduce -3.2% | 1.68% | −0.07 |
| IVZ Invesco Ltd. | Sold out | 0.00% | −0.07 |
| CRC California Resources Corp. | Sold out | 0.00% | −0.07 |
| EFA iShares MSCI Eafe ETF | Reduce -1.8% | 1.27% | −0.07 |
| HAL Halliburton Co. | Sold out | 0.00% | −0.07 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.07 |
| WTV Wisdomtree U.S. Value Fund | Sold out | 0.00% | −0.07 |
| BAP Credicorp Ltd. | Sold out | 0.00% | −0.07 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -3.3% | 0.50% | −0.07 |
| CFG Citizens Financial Group | Sold out | 0.00% | −0.06 |
| VTRS Viatris Inc. | Sold out | 0.00% | −0.06 |
| FNDA Schwab Fndmntl US SM Co. ETF | Sold out | 0.00% | −0.06 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.06 |
| OSK Oshkosh Corp. | Sold out | 0.00% | −0.06 |
| BG Bunge Global SA | Sold out | 0.00% | −0.06 |
| CHRD Chord Energy Corp. | Sold out | 0.00% | −0.06 |
| JHG Janus Henderson Group PLC | Sold out | 0.00% | −0.06 |
| MTDR Matador Resources Co. | Sold out | 0.00% | −0.06 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.06 |
| WBS Webster Financial Corp. | Sold out | 0.00% | −0.06 |
| SPMO Invesco S&P 500 Momentum ETF | Reduce -48.2% | 0.12% | −0.06 |
| NOV Nov Inc. | Sold out | 0.00% | −0.06 |
| CVX Chevron Corp. | Reduce -5.7% | 0.12% | −0.06 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.06 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.05 |
| FHI Federated Hermes Inc. | Sold out | 0.00% | −0.05 |
| HBAN Huntington Bancshares Inc. | Reduce -55.8% | 0.04% | −0.05 |
| BEN Franklin Templeton Inc. | Sold out | 0.00% | −0.05 |
| VTEI Vanguard Int Tax-Exempt Bond | Reduce -5.7% | 0.31% | −0.05 |
| XP XP Inc. Class A | Sold out | 0.00% | −0.05 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −0.05 |
| GAP The Gap Inc. | Sold out | 0.00% | −0.05 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.05 |
| FULT Fulton Financial Corp. | Sold out | 0.00% | −0.05 |
| CPA Copa Holdings SA Class A | Sold out | 0.00% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -1.2% | 0.33% | −0.04 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q1 2026 → Q2 2026
| INFQ Infleqtion Inc. | New | 0.24% | +0.24 |
| QLTY GMO U.S. Quality ETF | Add +2.5% | 3.19% | +0.19 |
| TXN Texas Instruments Inc. | Add +0.2% | 0.43% | +0.12 |
| ESGV Vanguard ESG US Stock ETF | Add +0.2% | 1.33% | +0.08 |
| DVA Davita Inc. | New | 0.07% | +0.07 |
| VSGX Vanguard ESG Intl Stock ETF | Add +7.8% | 0.61% | +0.06 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +4.0% | 1.57% | +0.06 |
| ELV Elevance Health Inc. | New | 0.06% | +0.06 |
| RPV Invesco S&P 500 Pure Value E | Add +86.3% | 0.13% | +0.06 |
| INTC Intel Corp. | New | 0.05% | +0.05 |
| MTH Meritage Homes Corp. | New | 0.05% | +0.05 |
| UNH Unitedhealth Group Inc. | New | 0.05% | +0.05 |
| BBY Best Buy Co. Inc. | New | 0.05% | +0.05 |
| CVS CVS Health Corp. | New | 0.05% | +0.05 |
| PAG Penske Automotive Group Inc. | New | 0.05% | +0.05 |
| GNTX Gentex Corp. | New | 0.05% | +0.05 |
| KDP Keurig Dr Pepper Inc. | New | 0.05% | +0.05 |
| REYN Reynolds Consumer Products I | New | 0.05% | +0.05 |
| LINE Lineage Inc. | New | 0.05% | +0.05 |
| CBT Cabot Corp. | New | 0.05% | +0.05 |
| KHC The Kraft Heinz Co. | New | 0.05% | +0.05 |
| TGT Target Corp. | New | 0.05% | +0.05 |
| SIRI Sirius XM Holdings Inc. | New | 0.05% | +0.05 |
| GL Globe Life Inc. | New | 0.05% | +0.05 |
| APTV Aptiv PLC | New | 0.05% | +0.05 |
| FLEX Flex Ltd. | New | 0.05% | +0.05 |
| ARE Alexandria Real Estate Equit | New | 0.05% | +0.05 |
| AIZ Assurant Inc. | New | 0.05% | +0.05 |
| VCTR Victory Capital Holding - A | New | 0.05% | +0.05 |
| SIGI Selective Insurance Group | New | 0.05% | +0.05 |
| THG Hanover Insurance Group Inc./ | New | 0.05% | +0.05 |
| TROW T Rowe Price Group Inc. | New | 0.05% | +0.05 |
| DINO HF Sinclair Corp. | New | 0.05% | +0.05 |
| DKS Dick's Sporting Goods Inc. | New | 0.05% | +0.05 |
| UNM Unum Group | New | 0.04% | +0.04 |
| MCY Mercury General Corp. | New | 0.04% | +0.04 |
| HRL Hormel Foods Corp. | New | 0.04% | +0.04 |
| AUB Atlantic Union Bankshares Co. | New | 0.04% | +0.04 |
| HWC Hancock Whitney Corp. | New | 0.04% | +0.04 |
| ONB Old National Bancorp | New | 0.04% | +0.04 |
| RDN Radian Group Inc. | New | 0.04% | +0.04 |
| PNFP Pinnacle Financial Partners | New | 0.04% | +0.04 |
| PRU Prudential Financial Inc. | New | 0.04% | +0.04 |
| QCOM Qualcomm Inc. | New | 0.04% | +0.04 |
| FAF First American Financial | New | 0.04% | +0.04 |
| ALL Allstate Corp. | New | 0.04% | +0.04 |
| CRBG Corebridge Financial Inc. | New | 0.04% | +0.04 |
| WAL Western Alliance Bancorp | New | 0.04% | +0.04 |
| GPN Global Payments Inc. | New | 0.04% | +0.04 |
| PHM Pultegroup Inc. | New | 0.04% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 222 | $525.6M | VIG, SPHQ, ABNB, DOCN, IQLT |
| Q1 2026 | 198 | $474.3M | VIG, SPHQ, ABNB, IQLT, COWZ |
| Q4 2025 | 194 | $492.1M | VIG, SPHQ, ABNB, IQLT, MSFT |
| Q3 2025 | 200 | $527.2M | VIG, SPHQ, COIN, ABNB, MSFT |
| Q2 2025 | 213 | $545.2M | VIG, COIN, SPHQ, ABNB, MSFT |
| Q1 2025 | 196 | $484.5M | VIG, SPHQ, ABNB, COIN, MSFT |
| Q4 2024 | 186 | $497.7M | VIG, ABNB, SPHQ, COIN, MSFT |
| Q3 2024 | 204 | $507.3M | VIG, ABNB, SPHQ, COIN, MSFT |
| Q2 2024 | 202 | $544.8M | ABNB, VIG, SPHQ, COIN, MSFT |
| Q1 2024 | 193 | $559.4M | ABNB, VIG, COIN, SPHQ, MSFT |