Paragon Private Wealth Management, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 7, 2025), Paragon Private Wealth Management, LLC reported 166 stock positions worth $216.7 million. Its top holding was Microsoft (MSFT) at 6.1% of the portfolio, followed by Apple (AAPL, 4.9%) and Nvidia (NVDA, 3.2%). Compared with Q3 2024, it opened 15 new positions, sold out of 12, added to 113 and reduced 34. The biggest buy was Nvidia (NVDA, shares +17%) and the biggest sale First Trust Nasdaq Semicondu (FTXL, shares −2%).

Most Recent 13F
Q2 2026
Location
LEXINGTON, KY
CIK
0001922684
Portfolio Value
$216.7M (Q4 2024)
SEC Filing
0001172661-25-000568 ↗ filed Feb 7, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $168.1M Q1 2024 Q2 2024: $177.0M Q2 2024 Q3 2024: $201.8M Q3 2024 Q4 2024: $216.7M $216.7M Q4 2024 Q1 2025: $215.4M Q1 2025 Q2 2025: $251.1M Q2 2025 Q3 2025: $305.1M Q3 2025 Q4 2025: $325.7M Q4 2025 Q1 2026: $319.5M Q1 2026 Q2 2026: $383.0M Q2 2026

Holdings 166 stocks · $216.7M

MSFT Microsoft Corp. 6.10% 31,346 $13.2M Add +3.9%
AAPL Apple Inc. 4.91% 42,484 $10.6M Add +9.2%
NVDA Nvidia Corp. 3.21% 51,858 $7.0M Add +16.9%
FDN First Trust DJ Internet Ind 2.99% 26,673 $6.5M Add +1.4%
IWR iShares Russell Mid-Cap ETF 2.64% 64,784 $5.7M Add +10.2%
GOOGL Alphabet Inc. Class A 2.45% 28,005 $5.3M Add +12.5%
AMZN Amazon.com Inc. 2.42% 23,885 $5.2M Add +11.0%
IJR iShares Core S&P Small-Cap E 2.05% 38,575 $4.4M Add +9.4%
FTXL First Trust Nasdaq Semicondu 2.03% 50,295 $4.4M Reduce -2.0%
FTCS First Trust Capital Strength 1.96% 48,409 $4.3M Add +0.5%
FXD First Trust Consumer Discret 1.91% 64,034 $4.1M Add +0.5%
BRK.B Berkshire Hathaway Inc. Class B 1.71% 8,161 $3.7M Add +3.6%
VOO Vanguard S&P 500 ETF 1.66% 6,668 $3.6M Reduce -0.2%
META Meta Platforms Inc. Class A 1.65% 6,096 $3.6M Add +10.9%
VUG Vanguard Mrngstar GR ETF-Sui 1.30% 6,856 $2.8M Reduce -14.8%
VTI VG Morningstar TS MKT ETF-US 1.29% 9,616 $2.8M Add +20.1%
V Visa Inc. Class A 1.28% 8,788 $2.8M Add +7.4%
FXR First Trust Indst/Producers 1.27% 36,849 $2.8M Add +4.2%
JHMM John Hancock Multi Fact Mid 1.27% 46,023 $2.7M Add +7.4%
ADP Automatic Data Processing 1.26% 9,334 $2.7M Add +3.7%
QTEC First Trust Nasdq 100 Tech I 1.25% 14,370 $2.7M Add +1.5%
SKYY First Trust Cloud Computing 1.24% 22,513 $2.7M Reduce -0.6%
NOBL Proshares S&P 500 Dividend A 1.10% 24,004 $2.4M Add +3.2%
ABBV Abbvie Inc. 1.09% 13,341 $2.4M Add +10.2%
PG The Procter & Gamble Co. 1.05% 13,606 $2.3M Add +9.7%
FXL First Trust Technology Alpha 1.02% 14,863 $2.2M Add +4.0%
AVGO Broadcom Inc. 1.00% 9,353 $2.2M Add +17.5%
VTV Vanguard Mrngstr Val ETF-Aui 1.00% 12,782 $2.2M Reduce -10.8%
JPST JPMorgan Ultra-Short Income 0.92% 39,763 $2.0M Reduce -17.4%
TSLA Tesla Inc. 0.92% 4,947 $2.0M Add +19.6%
SPLV Invesco S&P 500 Low Volatili 0.91% 28,262 $2.0M Add +2.1%
WM Waste Management Inc. 0.91% 9,734 $2.0M Add +4.3%
CALF PCR US SM CP CSH CWS ETF-Usd 0.89% 43,877 $1.9M Add +8.3%
IEF iShares 7-10 Year Treasury B 0.87% 20,483 $1.9M Add +0.9%
NEE Nextera Energy Inc. 0.86% 25,902 $1.9M Add +1.1%
CRM Salesforce Inc. 0.81% 5,262 $1.8M Add +8.2%
PEP Pepsico Inc. 0.81% 11,528 $1.8M Add +1.3%
ABT Abbott Laboratories 0.80% 15,376 $1.7M Add +2.8%
ITW Illinois Tool Works 0.76% 6,485 $1.6M Add +8.5%
DLR Digital Realty Trust Inc. 0.76% 9,250 $1.6M Add +6.4%
AXP American Express Co. 0.73% 5,296 $1.6M Add +3.5%
LOW Lowe's Cos Inc. 0.71% 6,232 $1.5M Add +9.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.67% 6,649 $1.5M Add +7.5%
QQXT First Trust Nasdaq-100 Ex-Te 0.66% 15,430 $1.4M Reduce -3.4%
FMAR FT Vest US Equity Buffer ETF 0.64% 32,217 $1.4M Add +5.7%
SHW The Sherwin-Williams Co. 0.64% 4,059 $1.4M Add +0.5%
GOVT iShares US Treasury Bond ETF 0.62% 58,268 $1.3M Add +12.7%
BOTZ Global X Robotics & Artifici 0.60% 40,828 $1.3M Add +14.2%
RECS Columbia Resear Enh Cor ETF 0.60% 37,448 $1.3M Add +1.9%
BLK BlackRock Inc. 0.59% 1,249 $1.3M Add +20.0%
IJT iShares S&P Small-Cap 600 GR 0.58% 9,343 $1.3M No change
ZECP Zacks Earnings Consistent Po 0.54% 38,466 $1.2M Add +223.6%
AMT American Tower Corp. 0.54% 6,365 $1.2M Add +1.2%
GD General Dynamics Corp. 0.53% 4,319 $1.1M Add +12.9%
PAYX Paychex Inc. 0.52% 8,099 $1.1M Add +7.3%
XOM Exxon Mobil Corp. 0.50% 10,013 $1.1M Add +14.4%
MUST Columbia Multi-Sect Muni Inc. 0.49% 52,031 $1.1M Add +6.5%
MCD McDonald's Corp. 0.48% 3,574 $1.0M Add +12.0%
LLY Eli Lilly & Co. 0.47% 1,323 $1.0M Add +7.2%
SGOL Abrdn Physical Gold Shares 0.47% 40,297 $1.0M Add +11.9%
JPM JPMorgan Chase & Co. 0.46% 4,191 $1.0M Add +26.1%
NFLX Netflix Inc. 0.46% 1,118 $996K Add +16.5%
SYY Sysco Corp. 0.44% 12,563 $961K Add +6.3%
JNJ Johnson & Johnson 0.44% 6,623 $958K Add +0.8%
KLAC KLA Corp. 0.42% 1,444 $910K Add +10.6%
PLD Prologis Inc. 0.42% 8,532 $902K Reduce -7.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.40% 1,485 $870K Reduce -2.8%
ADBE Adobe Inc. 0.39% 1,897 $844K Add +7.4%
HD Home Depot Inc. 0.38% 2,137 $831K Add +7.7%
QQQ Invesco QQQ Trust Series 1 0.38% 1,618 $827K Add +0.5%
UNP Union Pacific Corp. 0.38% 3,584 $817K Add +3.9%
PWV Invesco Large Cap Value ETF 0.37% 14,265 $811K No change
BX Blackstone Inc. 0.37% 4,705 $811K Add +2.6%
AMAT Applied Materials Inc. 0.37% 4,978 $810K Add +8.0%
DE Deere & Co. 0.37% 1,889 $800K Add +6.7%
MDT Medtronic PLC 0.37% 9,967 $796K Add +5.8%
CTAS Cintas Corp. 0.37% 4,349 $795K Add +17.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.36% 6,960 $775K Reduce -2.0%
RDVY First Trust Rising Dividend 0.35% 12,984 $768K Add +7.6%
APD Air Products & Chemicals Inc. 0.35% 2,606 $756K Reduce -0.3%
WEC WEC Energy Group Inc. 0.34% 7,905 $743K Add +6.3%
BSX Boston Scientific Corp. 0.34% 8,147 $728K Add +23.1%
CVX Chevron Corp. 0.34% 5,023 $727K Add +9.4%
FTSM First Trust Enh Short Mat FD 0.33% 12,140 $726K Reduce -17.7%
IHI iShares U.S. Medical Devices 0.33% 12,209 $712K Add +7.3%
EQIX Equinix Inc. 0.33% 755 $712K Add +0.3%
URI United Rentals Inc. 0.32% 986 $695K Add +13.7%
BUFR FT Vest Lad Buffervetf-Usd I 0.32% 22,766 $694K New
MA Mastercard Inc. Class A 0.32% 1,314 $692K Add +12.1%
TAP Molson Coors Beverage Co. Class B 0.31% 11,771 $675K Reduce -4.3%
AMGN Amgen Inc. 0.31% 2,584 $673K Add +4.3%
VGT Vanguard Info Tech ETF 0.31% 1,079 $671K Add +15.4%
PPA Invesco Aerospace & Defense 0.29% 5,409 $621K Reduce -4.9%
ROP Roper Technologies Inc. 0.27% 1,134 $590K Add +7.4%
PANW Palo Alto Networks Inc. 0.27% 3,202 $583K Add +16.4%
ISRG Intuitive Surgical Inc. 0.27% 1,114 $581K Add +23.9%
UNH Unitedhealth Group Inc. 0.27% 1,138 $575K Add +6.4%
ARKB ARK 21SHARES Bitcoin ETF 0.27% 6,169 $575K New
GPC Genuine Parts Co. 0.26% 4,855 $567K Reduce -2.3%
NOW ServiceNow Inc. 0.26% 532 $564K Add +32.3%
SOXX iShares Semiconductor ETF 0.26% 2,596 $559K Add +3.0%
NRG NRG Energy Inc. 0.26% 6,175 $557K Add +7.6%
QCOM Qualcomm Inc. 0.24% 3,397 $522K Add +7.1%
FDL First Trust Morn DVD Lead Inc. 0.24% 12,832 $517K Reduce -0.6%
ETN Eaton Corp. PLC 0.22% 1,464 $486K Add +24.2%
FMB First Trust Managed Municipa 0.22% 9,253 $472K Reduce -17.6%
SMIZ Zacks Small/Mid Cap ETF 0.21% 13,745 $456K New
SYK Stryker Corp. 0.21% 1,258 $453K Add +12.6%
PRU Prudential Financial Inc. 0.20% 3,718 $441K Add +1.4%
LMT Lockheed Martin Corp. 0.20% 897 $436K Add +18.0%
WMT Walmart Inc. 0.20% 4,726 $427K Add +24.8%
PWR Quanta Services Inc. 0.20% 1,342 $424K Add +19.7%
IGLB iShares 10+ Year Inv GR Corp. 0.20% 8,576 $424K New
JEPI JPMorgan Equity Premium Inco 0.20% 7,364 $424K Reduce -6.0%
ADI Analog Devices Inc. 0.19% 1,970 $418K Add +17.7%
MCK McKesson Corp. 0.19% 717 $409K Add +6.9%
LTPZ PIMCO 15+ YR US Tips Indx 0.19% 7,763 $404K New
XLK SS Technology Select Sector 0.18% 1,719 $400K Reduce -0.6%
GOOG Alphabet Inc. Class C 0.18% 2,048 $390K Reduce -0.4%
VZ Verizon Communications Inc. 0.18% 9,746 $390K Add +4.7%
DTE DTE Energy Company 0.18% 3,213 $388K Add +12.6%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.18% 366 $386K Add +10.2%
COF Capital One Financial Corp. 0.18% 2,157 $385K Add +13.0%
UPS United Parcel Service Class B 0.18% 3,047 $384K Reduce -22.9%
IEFA iShares Core MSCI Eafe ETF 0.17% 5,377 $378K New
PEG Public Service Enterprise GP 0.17% 4,424 $374K Add +22.1%
VYM Vanguard High DVD Yield ETF 0.17% 2,884 $368K Add +28.4%
SPGI S&P Global Inc. 0.16% 715 $356K Add +25.9%
FIW First Trust Water ETF 0.16% 3,436 $351K Reduce -5.0%
COWZ Pacer US Cash Cows 100 ETF 0.16% 6,052 $342K Add +59.5%
PWB Invesco Large Cap Growth ETF 0.15% 3,275 $333K Reduce -0.0%
NVO Novo-Nordisk A/S-Spons ADR 0.15% 3,655 $314K Reduce -13.1%
ORCL Oracle Corp. 0.14% 1,858 $310K Add +26.2%
INDS Pacer Industrial Real Estate 0.14% 8,569 $302K Reduce -16.1%
RY Royal Bank of Canada 0.14% 2,485 $299K Add +15.3%
COST Costco Wholesale Corp. 0.14% 326 $299K Add +38.1%
MINT PIMCO Enhanced Short Maturit 0.14% 2,959 $297K Add +10.9%
QCLN First Trust Nasdaq Clean Edg 0.14% 8,668 $294K Reduce -8.7%
ANET Arista Networks Inc. 0.13% 2,637 $291K New
STX Seagate Technology Holdings 0.13% 3,359 $290K Add +4.7%
EVTC Evertec Inc. 0.13% 8,355 $288K Reduce -10.4%
PGX Invesco Preferred ETF 0.13% 24,510 $283K Reduce -4.5%
VXF Vanguard Extended Market ETF 0.13% 1,480 $281K Add +4.9%
ADSK Autodesk Inc. 0.13% 948 $280K Add +11.0%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.13% 967 $275K Add +25.8%
COP Conocophillips 0.13% 2,744 $272K Add +10.4%
EMR Emerson Electric Co. 0.13% 2,192 $272K New
KO The Coca-Cola Co. 0.12% 4,229 $263K Add +12.2%
CSCO Cisco Systems Inc. 0.12% 4,326 $256K New
AMP Ameriprise Financial Inc. 0.12% 478 $255K Add +11.7%
BITO Proshares Bitcoin ETF-Usd 0.12% 11,170 $254K New
SCHW Schwab (charles) Corp. 0.12% 3,382 $250K New
ROK Rockwell Automation Inc. 0.11% 863 $247K Reduce -6.4%
TGT Target Corp. 0.11% 1,771 $239K Reduce -29.3%
TMO Thermo Fisher Scientific Inc. 0.11% 455 $237K Add +2.9%
NKE Nike Inc. Class B 0.11% 3,127 $237K Reduce -59.1%
IJK iShares S&P Mid-Cap 400 Grow 0.11% 2,592 $236K No change
UL Unilever PLC 0.10% 4,001 $227K Add +3.5%
CIBR First Trust Nasdaq Cybersecu 0.10% 3,531 $224K Reduce -6.7%
SDVY First Trust Smid Cap Rising 0.10% 6,007 $215K New
PNC PNC Financial Services Group 0.10% 1,112 $214K New
SKX Skechers USA Inc. Class A 0.10% 3,115 $209K New
XBI SS SPDR S&P Biotech ETF 0.10% 2,311 $208K Reduce -7.6%
IJJ iShares S&P Mid-Cap 400 Valu 0.09% 1,620 $202K No change
VST Vistra Corp. 0.09% 1,468 $202K New
AES AES Corp. 0.07% 12,401 $160K Reduce -19.6%

Portfolio Sells Q3 2024 → Q4 2024

FTXL First Trust Nasdaq Semicondu Reduce -2.0% 2.03% −0.35
JPST JPMorgan Ultra-Short Income Reduce -17.4% 0.92% −0.29
INTC Intel Corp. Sold out 0.00% −0.28
VTV Vanguard Mrngstr Val ETF-Aui Reduce -10.8% 1.00% −0.24
VUG Vanguard Mrngstar GR ETF-Sui Reduce -14.8% 1.30% −0.23
NKE Nike Inc. Class B Reduce -59.1% 0.11% −0.23
PLD Prologis Inc. Reduce -7.7% 0.42% −0.16
VCSH Vanguard S/T Corp. Bond ETF Sold out 0.00% −0.13
GIS General Mills Inc. Sold out 0.00% −0.13
VEA Vanguard Ftse Developed ETF Sold out 0.00% −0.13
AY Atlantica Sustainable Infras Sold out 0.00% −0.12
DOW Dow Inc. Sold out 0.00% −0.12
BND Vanguard Total Bond Market Sold out 0.00% −0.12
SBUX Starbucks Corp. Sold out 0.00% −0.11
PPG PPG Industries Inc. Sold out 0.00% −0.10
NVO Novo-Nordisk A/S-Spons ADR Reduce -13.1% 0.15% −0.10
FTSM First Trust Enh Short Mat FD Reduce -17.7% 0.33% −0.10
VB Vanguard Most SM-Cap ETF-Usd Sold out 0.00% −0.10
VOO Vanguard S&P 500 ETF Reduce -0.2% 1.66% −0.09
UPS United Parcel Service Class B Reduce -22.9% 0.18% −0.09
TGT Target Corp. Reduce -29.3% 0.11% −0.08
GPC Genuine Parts Co. Reduce -2.3% 0.26% −0.08
AES AES Corp. Reduce -19.6% 0.07% −0.08
INDS Pacer Industrial Real Estate Reduce -16.1% 0.14% −0.08
QQXT First Trust Nasdaq-100 Ex-Te Reduce -3.4% 0.66% −0.07
FMB First Trust Managed Municipa Reduce -17.6% 0.22% −0.07
SHCR Sharecare Inc. Sold out 0.00% −0.07
TAP Molson Coors Beverage Co. Class B Reduce -4.3% 0.31% −0.04
PPA Invesco Aerospace & Defense Reduce -4.9% 0.29% −0.04
APD Air Products & Chemicals Inc. Reduce -0.3% 0.35% −0.04
JEPI JPMorgan Equity Premium Inco Reduce -6.0% 0.20% −0.04
FIW First Trust Water ETF Reduce -5.0% 0.16% −0.03
QCLN First Trust Nasdaq Clean Edg Reduce -8.7% 0.14% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.8% 0.40% −0.03
FDL First Trust Morn DVD Lead Inc. Reduce -0.6% 0.24% −0.03
PGRE Paramount Group Inc. Sold out 0.00% −0.03
PGX Invesco Preferred ETF Reduce -4.5% 0.13% −0.03
XBI SS SPDR S&P Biotech ETF Reduce -7.6% 0.10% −0.03
EVTC Evertec Inc. Reduce -10.4% 0.13% −0.02
XLK SS Technology Select Sector Reduce -0.6% 0.18% −0.01
ROK Rockwell Automation Inc. Reduce -6.4% 0.11% −0.01
CIBR First Trust Nasdaq Cybersecu Reduce -6.7% 0.10% −0.01
PWB Invesco Large Cap Growth ETF Reduce -0.0% 0.15% −0.01
GOOG Alphabet Inc. Class C Reduce -0.4% 0.18% +0.01
DIS The Walt Disney Co. Reduce -2.0% 0.36% +0.02
SKYY First Trust Cloud Computing Reduce -0.6% 1.24% +0.09

Portfolio Buys Q3 2024 → Q4 2024

NVDA Nvidia Corp. Add +16.9% 3.21% +0.54
AMZN Amazon.com Inc. Add +11.0% 2.42% +0.43
AAPL Apple Inc. Add +9.2% 4.91% +0.42
GOOGL Alphabet Inc. Class A Add +12.5% 2.45% +0.40
TSLA Tesla Inc. Add +19.6% 0.92% +0.39
ZECP Zacks Earnings Consistent Po Add +223.6% 0.54% +0.36
AVGO Broadcom Inc. Add +17.5% 1.00% +0.32
BUFR FT Vest Lad Buffervetf-Usd I New 0.32% +0.32
ARKB ARK 21SHARES Bitcoin ETF New 0.27% +0.27
FDN First Trust DJ Internet Ind Add +1.4% 2.99% +0.23
SMIZ Zacks Small/Mid Cap ETF New 0.21% +0.21
IGLB iShares 10+ Year Inv GR Corp. New 0.20% +0.20
LTPZ PIMCO 15+ YR US Tips Indx New 0.19% +0.19
IEFA iShares Core MSCI Eafe ETF New 0.17% +0.17
V Visa Inc. Class A Add +7.4% 1.28% +0.17
VTI VG Morningstar TS MKT ETF-US Add +20.1% 1.29% +0.16
CRM Salesforce Inc. Add +8.2% 0.81% +0.15
ANET Arista Networks Inc. New 0.13% +0.13
EMR Emerson Electric Co. New 0.13% +0.13
NFLX Netflix Inc. Add +16.5% 0.46% +0.12
CSCO Cisco Systems Inc. New 0.12% +0.12
BITO Proshares Bitcoin ETF-Usd New 0.12% +0.12
JPM JPMorgan Chase & Co. Add +26.1% 0.46% +0.12
SCHW Schwab (charles) Corp. New 0.12% +0.12
BLK BlackRock Inc. Add +20.0% 0.59% +0.10
SDVY First Trust Smid Cap Rising New 0.10% +0.10
PNC PNC Financial Services Group New 0.10% +0.10
SKX Skechers USA Inc. Class A New 0.10% +0.10
VST Vistra Corp. New 0.09% +0.09
META Meta Platforms Inc. Class A Add +10.9% 1.65% +0.09
NOW ServiceNow Inc. Add +32.3% 0.26% +0.08
IWR iShares Russell Mid-Cap ETF Add +10.2% 2.64% +0.08
BSX Boston Scientific Corp. Add +23.1% 0.34% +0.06
DLR Digital Realty Trust Inc. Add +6.4% 0.76% +0.06
ISRG Intuitive Surgical Inc. Add +23.9% 0.27% +0.05
COWZ Pacer US Cash Cows 100 ETF Add +59.5% 0.16% +0.05
WMT Walmart Inc. Add +24.8% 0.20% +0.05
VGT Vanguard Info Tech ETF Add +15.4% 0.31% +0.04
AXP American Express Co. Add +3.5% 0.73% +0.04
FXL First Trust Technology Alpha Add +4.0% 1.02% +0.04
PANW Palo Alto Networks Inc. Add +16.4% 0.27% +0.04
COF Capital One Financial Corp. Add +13.0% 0.18% +0.04
COST Costco Wholesale Corp. Add +38.1% 0.14% +0.03
MA Mastercard Inc. Class A Add +12.1% 0.32% +0.03
BOTZ Global X Robotics & Artifici Add +14.2% 0.60% +0.03
ETN Eaton Corp. PLC Add +24.2% 0.22% +0.03
PWR Quanta Services Inc. Add +19.7% 0.20% +0.03
VYM Vanguard High DVD Yield ETF Add +28.4% 0.17% +0.03
ADP Automatic Data Processing Add +3.7% 1.26% +0.03
BX Blackstone Inc. Add +2.6% 0.37% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 226$383.0MNVDA, AAPL, GOOGL, MSFT, SPY
Q1 2026 218$319.5MNVDA, AAPL, MSFT, GOOGL, IWR
Q4 2025 220$325.7MMSFT, AAPL, NVDA, GOOGL, AMZN
Q3 2025 214$305.1MNVDA, AAPL, MSFT, GOOGL, AMZN
Q2 2025 190$251.1MMSFT, NVDA, AAPL, IWR, META
Q1 2025 181$215.4MMSFT, AAPL, IWR, NVDA, AMZN
Q4 2024 166$216.7MMSFT, AAPL, NVDA, FDN, IWR
Q3 2024 163$201.8MMSFT, AAPL, FDN, NVDA, IWR
Q2 2024 154$177.0MMSFT, AAPL, FDN, FTXL, NVDA
Q1 2024 146$168.1MAAPL, MSFT, FDN, FTXL, FTCS