Paragon Capital Management Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 15, 2026), Paragon Capital Management Ltd reported 198 stock positions worth $474.3 million. Its top holding was Vanguard Dividend Apprec ETF (VIG) at 13.7% of the portfolio, followed by Invesco S&P 500 Quality ETF (SPHQ, 11.4%) and Airbnb Class A (ABNB, 9.7%). Compared with Q4 2025, it opened 15 new positions, sold out of 11, added to 33 and reduced 95. The biggest buy was Pacer US Cash Cows 100 ETF (COWZ, shares +0%) and the biggest sale Coinbase Global Class A (COIN, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001569765
- Portfolio Value
- $474.3M (Q1 2026)
- SEC Filing
- 0001569765-26-000002 ↗ filed Apr 15, 2026
Holdings Value
Holdings 198 stocks · $474.3M
| VIG Vanguard Dividend Apprec ETF | 13.70% | 302,201 | $65.0M | Reduce -2.1% |
| SPHQ Invesco S&P 500 Quality ETF | 11.40% | 718,982 | $54.1M | Reduce -1.8% |
| ABNB Airbnb Inc. Class A | 9.68% | 363,431 | $45.9M | No change |
| IQLT iShares MSCI International Q | 5.91% | 606,170 | $28.0M | Reduce -0.5% |
| COWZ Pacer US Cash Cows 100 ETF | 5.59% | 423,940 | $26.5M | Add +0.1% |
| DOCN Digitalocean Holdings Inc. | 5.57% | 307,842 | $26.4M | No change |
| MSFT Microsoft Corp. | 4.43% | 56,716 | $21.0M | Reduce -0.1% |
| COIN Coinbase Global Inc. Class A | 4.04% | 109,786 | $19.2M | Reduce -8.0% |
| QLTY GMO U.S. Quality ETF | 3.00% | 392,959 | $14.2M | Add +1.0% |
| OKTA Okta Inc. | 2.06% | 124,200 | $9.8M | No change |
| CRM Salesforce Inc. | 2.05% | 52,139 | $9.7M | No change |
| PINS Pinterest Inc. Class A | 1.86% | 481,906 | $8.8M | No change |
| FLJP Franklin Ftse Japan ETF | 1.76% | 230,103 | $8.3M | Add +2.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.68% | 12,280 | $8.0M | Reduce -3.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.51% | 36,401 | $7.1M | Add +3.2% |
| EFA iShares MSCI Eafe ETF | 1.34% | 65,414 | $6.4M | No change |
| ESGV Vanguard ESG US Stock ETF | 1.25% | 52,609 | $5.9M | Add +17.6% |
| LYFT LYFT Inc. Class A | 0.80% | 283,742 | $3.8M | No change |
| AAPL Apple Inc. | 0.73% | 13,630 | $3.5M | Reduce -0.7% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.72% | 36,043 | $3.4M | Reduce -0.1% |
| POET Poet Technologies Inc. | 0.59% | 471,720 | $2.8M | Add +1.3% |
| AVUV Avantis US Small Cap Value | 0.58% | 24,787 | $2.7M | Add +1.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.56% | 53,535 | $2.7M | Add +0.3% |
| IOT Samsara Inc. Class A | 0.56% | 83,389 | $2.6M | No change |
| VSGX Vanguard ESG Intl Stock ETF | 0.55% | 36,384 | $2.6M | Add +33.5% |
| EWJ iShares MSCI Japan ETF | 0.47% | 26,255 | $2.2M | Reduce -0.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.47% | 12,002 | $2.2M | Add +0.5% |
| NOBL Proshares S&P 500 Dividend A | 0.47% | 20,805 | $2.2M | Reduce -21.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.38% | 8,254 | $1.8M | Reduce -1.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.38% | 15,084 | $1.8M | Reduce -6.8% |
| VTEI Vanguard Int Tax-Exempt Bond | 0.37% | 17,362 | $1.7M | Reduce -1.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.33% | 17,067 | $1.5M | No change |
| WMT Walmart Inc. | 0.32% | 12,077 | $1.5M | Reduce -1.1% |
| TXN Texas Instruments Inc. | 0.31% | 7,515 | $1.5M | Add +0.1% |
| ABBV Abbvie Inc. | 0.29% | 6,425 | $1.4M | Reduce -3.7% |
| ET Energy Transfer LP | 0.28% | 68,724 | $1.3M | No change |
| LLY Eli Lilly & Co. | 0.27% | 1,409 | $1.3M | Reduce -1.3% |
| BEPC Brookfield Renewable Corp. | 0.27% | 32,339 | $1.3M | No change |
| VSS Vanguard Ftse All Wo X-US SC | 0.27% | 8,658 | $1.3M | No change |
| PG The Procter & Gamble Co. | 0.26% | 8,659 | $1.3M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 5,062 | $1.2M | Add +9.9% |
| VEA Vanguard Ftse Developed ETF | 0.24% | 17,477 | $1.1M | Add +5.1% |
| ORCL Oracle Corp. | 0.23% | 7,480 | $1.1M | Add +1.7% |
| RBLX Roblox Corp. Class A | 0.22% | 18,588 | $1.1M | No change |
| MDY State Street SPDR S&P Midcap | 0.22% | 1,700 | $1.0M | No change |
| AMGN Amgen Inc. | 0.19% | 2,620 | $922K | No change |
| HON Honeywell International Inc. | 0.19% | 3,979 | $899K | No change |
| JPM JPMorgan Chase & Co. | 0.18% | 2,968 | $873K | Add +0.5% |
| IWD iShares Russell 1000 Value E | 0.18% | 4,008 | $856K | Reduce -4.7% |
| SPMO Invesco S&P 500 Momentum ETF | 0.18% | 7,589 | $851K | New |
| CVX Chevron Corp. | 0.18% | 4,108 | $850K | Reduce -9.7% |
| NVDA Nvidia Corp. | 0.17% | 4,533 | $791K | Reduce -0.0% |
| GLD SPDR Gold Shares | 0.15% | 1,701 | $732K | Add +2.2% |
| JNJ Johnson & Johnson | 0.15% | 2,919 | $714K | Reduce -1.9% |
| QVMT Invesco S&P 500 Concentrated | 0.15% | 11,853 | $705K | Add +0.6% |
| DVN Devon Energy Corp. | 0.15% | 13,990 | $704K | Reduce -5.8% |
| PFE Pfizer Inc. | 0.15% | 24,981 | $701K | Reduce -1.1% |
| CSCO Cisco Systems Inc. | 0.15% | 8,995 | $698K | Reduce -9.0% |
| ESML iShares ESG Aware MSCI USA S | 0.14% | 14,134 | $665K | Add +40.0% |
| DASH DoorDash Inc. Class A | 0.14% | 4,390 | $659K | No change |
| HOOD Robinhood Markets Inc. Class A | 0.13% | 9,129 | $633K | No change |
| VT Vanguard Tot World STK ETF | 0.13% | 4,519 | $625K | New |
| ASAN Asana Inc. Class A | 0.13% | 94,152 | $603K | No change |
| NOC Northrop Grumman Corp. | 0.12% | 858 | $585K | No change |
| XOM Exxon Mobil Corp. | 0.12% | 3,355 | $569K | Add +0.1% |
| KO The Coca-Cola Co. | 0.12% | 7,477 | $569K | No change |
| EPD Enterprise Products Partners | 0.12% | 15,000 | $568K | No change |
| DPZ Domino's Pizza Inc. | 0.12% | 1,557 | $559K | No change |
| TOTL SS Doubleline TR Tact ETF | 0.12% | 13,829 | $549K | Reduce -0.9% |
| AMZN Amazon.com Inc. | 0.12% | 2,621 | $546K | No change |
| ABT Abbott Laboratories | 0.11% | 5,156 | $529K | Reduce -3.8% |
| MRK Merck & Co. Inc. | 0.11% | 4,346 | $523K | Reduce -10.2% |
| ITW Illinois Tool Works | 0.11% | 2,000 | $521K | No change |
| AFRM Affirm Holdings Inc. | 0.10% | 10,770 | $493K | No change |
| TAP Molson Coors Beverage Co. Class B | 0.10% | 11,328 | $488K | Reduce -0.5% |
| CMCSA Comcast Corp. Class A | 0.10% | 16,713 | $480K | Reduce -1.0% |
| AMKR Amkor Technology Inc. | 0.10% | 10,616 | $478K | Reduce -4.9% |
| DGRW Wisdomtree U.S. Quality Divi | 0.10% | 5,437 | $478K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.10% | 1,488 | $477K | Add +2.8% |
| CART Maplebear Inc. | 0.10% | 12,740 | $477K | No change |
| BIPC Brookfield Infrastructure-A | 0.10% | 11,904 | $470K | Add +4.4% |
| HBAN Huntington Bancshares Inc. | 0.09% | 28,694 | $449K | Add +105.4% |
| KLAC KLA Corp. | 0.09% | 302 | $445K | No change |
| NE Noble Corp. PLC | 0.09% | 8,915 | $437K | Reduce -5.1% |
| AVGO Broadcom Inc. | 0.09% | 1,400 | $433K | Reduce -25.6% |
| TOLZ Proshares GLB Infrastructure | 0.09% | 7,220 | $433K | No change |
| IWN iShares Russell 2000 Value E | 0.09% | 2,214 | $420K | Reduce -7.3% |
| RDDT Reddit Inc. Class A | 0.09% | 3,094 | $417K | No change |
| QGRW Wisdomtree US Quality Growth | 0.09% | 7,642 | $408K | New |
| CVE Cenovus Energy Inc. | 0.09% | 15,253 | $405K | Reduce -5.1% |
| DDWM Wisdomtree DY Inter Eq FD-US | 0.08% | 8,853 | $391K | New |
| YUM Yum! Brands Inc. | 0.08% | 2,509 | $390K | No change |
| VCIT Vanguard Int-Term Corporate | 0.08% | 4,654 | $385K | New |
| VOO Vanguard S&P 500 ETF | 0.08% | 628 | $375K | No change |
| GII State Street SPDR S&P Global | 0.08% | 4,886 | $371K | Add +0.3% |
| ICLN iShares Global Clean Energy | 0.08% | 19,807 | $362K | No change |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.08% | 12,922 | $360K | No change |
| HPE Hewlett Packard Enterprise | 0.08% | 14,997 | $357K | Reduce -4.1% |
| MCD McDonald's Corp. | 0.08% | 1,145 | $356K | Reduce -31.6% |
| PXF Invesco Rafi Developed Marke | 0.07% | 5,086 | $356K | No change |
Lines left out (1) · $1.7M — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| CASH Pathward Financial Inc. | COM | 0 | $1.7M |
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: $476.0M.
Portfolio Sells Q4 2025 → Q1 2026
| COIN Coinbase Global Inc. Class A | Reduce -8.0% | 4.04% | −1.44 |
| MSFT Microsoft Corp. | Reduce -0.1% | 4.43% | −1.16 |
| NOBL Proshares S&P 500 Dividend A | Reduce -21.9% | 0.47% | −0.10 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.1% | 13.70% | −0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.7% | 1.68% | −0.08 |
| CADE Cadence Bank | Sold out | 0.00% | −0.06 |
| KRC Kilroy Realty Corp. | Sold out | 0.00% | −0.05 |
| HROW Harrow Inc. | Sold out | 0.00% | −0.05 |
| SNV Synovus Financial Corp. | Sold out | 0.00% | −0.05 |
| OMC Omnicom Group | Sold out | 0.00% | −0.05 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.04 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.04 |
| CRBG Corebridge Financial Inc. | Sold out | 0.00% | −0.04 |
| CAH Cardinal Health Inc. | Sold out | 0.00% | −0.04 |
| AXS Axis Capital Holdings Ltd. | Sold out | 0.00% | −0.04 |
| COR Cencora Inc. | Sold out | 0.00% | −0.04 |
| AVGO Broadcom Inc. | Reduce -25.6% | 0.09% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -1.3% | 0.27% | −0.04 |
| MCD McDonald's Corp. | Reduce -31.6% | 0.08% | −0.03 |
| AAPL Apple Inc. | Reduce -0.7% | 0.73% | −0.03 |
| ABT Abbott Laboratories | Reduce -3.8% | 0.11% | −0.02 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -6.8% | 0.38% | −0.02 |
| ABBV Abbvie Inc. | Reduce -3.7% | 0.29% | −0.02 |
| M Macy's Inc. | Reduce -4.3% | 0.06% | −0.01 |
| LNC Lincoln National Corp. | Reduce -4.1% | 0.04% | −0.01 |
| ILCG iShares Morningstar Growth E | Reduce -5.2% | 0.07% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -9.0% | 0.15% | −0.01 |
| PXH Inves Rafi Emer MRKT-Usd Inc. | Reduce -16.9% | 0.06% | −0.01 |
| LEVI Levi Strauss & Co. Class A | Reduce -4.4% | 0.05% | −0.01 |
| IVZ Invesco Ltd. | Reduce -4.3% | 0.07% | −0.01 |
| ALV Autoliv Inc. | Reduce -4.2% | 0.05% | −0.01 |
| NVDA Nvidia Corp. | Reduce -0.0% | 0.17% | −0.01 |
| MET Metlife Inc. | Reduce -3.3% | 0.05% | −0.01 |
| TAP Molson Coors Beverage Co. Class B | Reduce -0.5% | 0.10% | −0.01 |
| VOYA Voya Financial Inc. | Reduce -4.4% | 0.05% | −0.00 |
| TFC Truist Financial Corp. | Reduce -4.1% | 0.05% | −0.00 |
| CPA Copa Holdings SA Class A | Reduce -5.1% | 0.04% | −0.00 |
| DAL Delta Air Lines Inc. | Reduce -4.7% | 0.06% | −0.00 |
| GAP The Gap Inc. | Reduce -4.5% | 0.05% | −0.00 |
| HD Home Depot Inc. | Reduce -5.1% | 0.05% | −0.00 |
| XLV SS Health Care Select Sector | Reduce -3.8% | 0.05% | −0.00 |
| AGNC AGNC Investment Corp. | Reduce -2.7% | 0.04% | −0.00 |
| RF Regions Financial Corp. | Reduce -4.2% | 0.05% | −0.00 |
| SWK Stanley Black & Decker Inc. | Reduce -3.9% | 0.04% | −0.00 |
| NLY Annaly Capital Management Inc. | Reduce -2.2% | 0.05% | −0.00 |
| KEY Keycorp | Reduce -4.1% | 0.05% | −0.00 |
| FNB FNB Corp. | Reduce -4.4% | 0.05% | −0.00 |
| CMCSA Comcast Corp. Class A | Reduce -1.0% | 0.10% | −0.00 |
| ZION Zions Bancorp NA | Reduce -4.3% | 0.05% | −0.00 |
| HPE Hewlett Packard Enterprise | Reduce -4.1% | 0.08% | −0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| COWZ Pacer US Cash Cows 100 ETF | Add +0.1% | 5.59% | +0.41 |
| FLJP Franklin Ftse Japan ETF | Add +2.8% | 1.76% | +0.19 |
| SPMO Invesco S&P 500 Momentum ETF | New | 0.18% | +0.18 |
| VSGX Vanguard ESG Intl Stock ETF | Add +33.5% | 0.55% | +0.15 |
| ESGV Vanguard ESG US Stock ETF | Add +17.6% | 1.25% | +0.15 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +3.2% | 1.51% | +0.14 |
| VT Vanguard Tot World STK ETF | New | 0.13% | +0.13 |
| DGRW Wisdomtree U.S. Quality Divi | New | 0.10% | +0.10 |
| QGRW Wisdomtree US Quality Growth | New | 0.09% | +0.09 |
| DDWM Wisdomtree DY Inter Eq FD-US | New | 0.08% | +0.08 |
| VCIT Vanguard Int-Term Corporate | New | 0.08% | +0.08 |
| AVUV Avantis US Small Cap Value | Add +1.7% | 0.58% | +0.07 |
| WTV Wisdomtree U.S. Value Fund | New | 0.07% | +0.07 |
| CHRD Chord Energy Corp. | New | 0.06% | +0.06 |
| AVT Avnet Inc. | New | 0.05% | +0.05 |
| PSX Phillips 66 | New | 0.05% | +0.05 |
| LYB Lyondellbasell Indu Class A | New | 0.05% | +0.05 |
| COST Costco Wholesale Corp. | New | 0.05% | +0.05 |
| ESML iShares ESG Aware MSCI USA S | Add +40.0% | 0.14% | +0.05 |
| HBAN Huntington Bancshares Inc. | Add +105.4% | 0.09% | +0.05 |
| VZ Verizon Communications Inc. | New | 0.04% | +0.04 |
| AVNT Avient Corp. | New | 0.04% | +0.04 |
| TXN Texas Instruments Inc. | Add +0.1% | 0.31% | +0.04 |
| WSM Williams-Sonoma Inc. | New | 0.04% | +0.04 |
| XOM Exxon Mobil Corp. | Add +0.1% | 0.12% | +0.04 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +0.5% | 0.47% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +5.1% | 0.24% | +0.03 |
| GLD SPDR Gold Shares | Add +2.2% | 0.15% | +0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +0.3% | 0.56% | +0.02 |
| QVMT Invesco S&P 500 Concentrated | Add +0.6% | 0.15% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +14.4% | 0.07% | +0.01 |
| GII State Street SPDR S&P Global | Add +0.3% | 0.08% | +0.01 |
| PEP Pepsico Inc. | Add +0.2% | 0.06% | +0.01 |
| RPV Invesco S&P 500 Pure Value E | Add +0.6% | 0.07% | +0.01 |
| MAR Marriott International Class A | Add +0.1% | 0.06% | +0.00 |
| AEF Abrdn Emerging Markets Ex CH | Add +5.5% | 0.02% | +0.00 |
| CAM AB California Inter Muni ETF | Add +1.4% | 0.06% | +0.00 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +0.5% | 0.07% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.8% | 0.10% | +0.00 |
| VTEC Vanguard Ca Tax-Ex Bond | Add +0.5% | 0.04% | +0.00 |
| PHO Invesco Water Resources ETF | Add +0.2% | 0.07% | −0.00 |
| BIPC Brookfield Infrastructure-A | Add +4.4% | 0.10% | −0.01 |
| POET Poet Technologies Inc. | Add +1.3% | 0.59% | −0.01 |
| DIS The Walt Disney Co. | Add +0.1% | 0.07% | −0.01 |
| JPM JPMorgan Chase & Co. | Add +0.5% | 0.18% | −0.01 |
| IBM Intl Business Machines Corp. | Add +9.9% | 0.26% | −0.02 |
| QLTY GMO U.S. Quality ETF | Add +1.0% | 3.00% | −0.04 |
| ORCL Oracle Corp. | Add +1.7% | 0.23% | −0.06 |
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 |