Paragon Capital Management

DENVER, COfiles as Paragon Capital Management Ltd

$528m in 222 US stocks at the end of 30 June 2026. The top 10 are 65.9% of the money. It changed about 8.4% of the portfolio this quarter.

Value

$528m

Stocks

222

Top 10 share

65.9%

Turnover

8.4%

What changed this quarter

New

Bought for the first time this quarter.

InfleqtionINFQ
0.2% of the fund
Honeywell InternationalHON
<0.1% of the fund
Honeywell AerospaceHONA
<0.1% of the fund
DavitaDVA
<0.1% of the fund
Elevance HealthELV
<0.1% of the fund
IntelINTC
<0.1% of the fund
Meritage HomesMTH
<0.1% of the fund
UnitedHealth GroupUNH
<0.1% of the fund
Best BUYBBY
<0.1% of the fund
CVS HealthCVS
<0.1% of the fund
Penske Automotive GroupPAG
<0.1% of the fund
GentexGNTX
<0.1% of the fund
Keurig Dr PepperKDP
<0.1% of the fund
Reynolds Consumer ProductsREYN
<0.1% of the fund
LineageLINE
<0.1% of the fund
Kraft HeinzKHC
<0.1% of the fund
TargetTGT
<0.1% of the fund
CabotCBT
<0.1% of the fund
Sirius XM HoldingsSIRI
<0.1% of the fund
AptivAPTV
<0.1% of the fund
Globe LifeGL
<0.1% of the fund
FlexFLEX
<0.1% of the fund
Alexandria Real Estate EquitiesARE
<0.1% of the fund
AssurantAIZ
<0.1% of the fund
Victory Capital HoldingsVCTR
<0.1% of the fund

Added

Bought more of a stock they already held.

GMO ETF TrustQLTY
3.2% of the fund
+3%
Vanguard Index FDSVTV
1.6% of the fund
+4%
Vanguard World FDVSGX
0.6% of the fund
+8%
American Centy ETF TRAVUV
0.6% of the fund
+3%
Ishares TRESML
0.2% of the fund
+7%
Vanguard Intl Equity Index FVT
0.1% of the fund
+5%
Invesco Exchange Traded FD TRPV
0.1% of the fund
+86%
Molson Coors BeverageTAP
<0.1% of the fund
+17%
Vanguard Scottsdale FDSVCIT
<0.1% of the fund
+5%
MetLifeMET
<0.1% of the fund
+10%
Principal Financial GroupPFG
<0.1% of the fund
+9%
Eastman ChemicalEMN
<0.1% of the fund
+27%
abrdn Emerging Markets ex-China FundAEF
<0.1% of the fund
+2%

Cut

Sold some of their stake.

Vanguard Specialized FundsVIG
13.2% of the fund
-2%
Invesco Exchange Traded FD TSPHQ
11.9% of the fund
-3%
DigitalOcean HoldingsDOCN
7.6% of the fund
-17%
Ishares TRIQLT
5.0% of the fund
-12%
Pacer FDS TRCOWZ
4.8% of the fund
-3%
Franklin Templeton ETF TRFLJP
1.7% of the fund
-3%
AppleAAPL
0.7% of the fund
-3%
Poet TechnologiesPOET
0.7% of the fund
-21%
Spdr Series TrustSLYV
0.7% of the fund
-3%
Vanguard MUN BD FDSVTEB
0.5% of the fund
-3%
IsharesEWJ
0.4% of the fund
-5%
Proshares TRNOBL
0.3% of the fund
-25%
Vanguard MUN BD FDSVTEI
0.3% of the fund
-6%
Eli LillyLLY
0.3% of the fund
-14%
International Business MachinesIBM
0.3% of the fund
-7%
Procter & GamblePG
0.2% of the fund
-3%
Vanguard Tax-Managed FDSVEA
0.2% of the fund
-8%
State STR Spdr S&P Midcap 40MDY
0.2% of the fund
-11%
OracleORCL
0.2% of the fund
-4%
Cisco SystemsCSCO
0.2% of the fund
-3%
Ishares TRIWD
0.2% of the fund
-3%
ChevronCVX
0.1% of the fund
-6%
Invesco Exch Traded FD TR IISPMO
0.1% of the fund
-48%
Applied MaterialsAMAT
0.1% of the fund
-3%
Amazon.comAMZN
<0.1% of the fund
-26%

Sold out

Sold their entire stake.

Honeywell InternationalHON
-100%
ExxonMobil HoldingsXOM
-100%
Amkor TechnologyAMKR
-100%
NobleNE
-100%
BroadcomAVGO
-100%
Cenovus EnergyCVE
-100%
Murphy OilMUR
-100%
Permian ResourcesPR
-100%
InvescoIVZ
-100%
California ResourcesCRC
-100%
HalliburtonHAL
-100%
Archer-Daniels-MidlandADM
-100%
Wisdomtree TRWTV
-100%
CredicorpBAP
-100%
Citizens Financial GroupCFG
-100%
ViatrisVTRS
-100%
Schwab Strategic TRFNDA
-100%
FedExFDX
-100%
OshkoshOSK
-100%
Bunge Global SABG
-100%
Chord EnergyCHRD
-100%
Janus Henderson Group
-100%
Matador ResourcesMTDR
-100%
Schwab Strategic TRSCHA
-100%
Webster FinancialWBS
-100%

Holdings

Vanguard Specialized FundsVIG
Share
13.2%
Value
$70m
Shares
295,185
-2%
Invesco Exchange Traded FD TSPHQ
Share
11.9%
Value
$63m
Shares
698,569
-3%
AirbnbABNB
Share
9.9%
Value
$52m
Shares
363,431
Held
DigitalOcean HoldingsDOCN
Share
7.6%
Value
$40m
Shares
255,766
-17%
Ishares TRIQLT
Share
5.0%
Value
$27m
Shares
535,930
-12%
Pacer FDS TRCOWZ
Share
4.8%
Value
$26m
Shares
410,235
-3%
MicrosoftMSFT
Share
4.0%
Value
$21m
Shares
56,526
Held
OktaOKTA
Share
3.2%
Value
$17m
Shares
124,200
Held
GMO ETF TrustQLTY
Share
3.2%
Value
$17m
Shares
402,821
+3%
Coinbase GlobalCOIN
Share
3.0%
Value
$16m
Shares
109,786
Held
PinterestPINS
Share
1.9%
Value
$10m
Shares
481,906
Held
State STR Spdr S&P 500 ETF TSPY
Share
1.7%
Value
$9m
Shares
12,067
Held
Franklin Templeton ETF TRFLJP
Share
1.7%
Value
$9m
Shares
222,642
-3%
Vanguard Index FDSVTV
Share
1.6%
Value
$8m
Shares
37,850
+4%
SalesforceCRM
Share
1.5%
Value
$8m
Shares
52,139
Held
Vanguard World FDESGV
Share
1.3%
Value
$7m
Shares
52,721
Held
Ishares TREFA
Share
1.3%
Value
$7m
Shares
64,265
Held
LyftLYFT
Share
0.8%
Value
$4m
Shares
283,742
Held
AppleAAPL
Share
0.7%
Value
$4m
Shares
13,242
-3%
Poet TechnologiesPOET
Share
0.7%
Value
$4m
Shares
371,220
-21%
Spdr Series TrustSLYV
Share
0.7%
Value
$4m
Shares
34,896
-3%
Vanguard World FDVSGX
Share
0.6%
Value
$3m
Shares
39,219
+8%
American Centy ETF TRAVUV
Share
0.6%
Value
$3m
Shares
25,603
+3%
SamsaraIOT
Share
0.5%
Value
$3m
Shares
83,389
Held
Vanguard MUN BD FDSVTEB
Share
0.5%
Value
$3m
Shares
51,762
-3%
Vanguard Index FDSVOE
Share
0.4%
Value
$2m
Shares
11,964
Held
IsharesEWJ
Share
0.4%
Value
$2m
Shares
24,845
-5%
Texas InstrumentsTXN
Share
0.4%
Value
$2m
Shares
7,528
Held
Vanguard Index FDSVBR
Share
0.4%
Value
$2m
Shares
8,269
Held
Ishares TRIEI
Share
0.3%
Value
$2m
Shares
14,900
Held
Proshares TRNOBL
Share
0.3%
Value
$2m
Shares
31,061
-25%
Vanguard MUN BD FDSVTEI
Share
0.3%
Value
$2m
Shares
16,371
-6%
Ishares TRIEFA
Share
0.3%
Value
$2m
Shares
17,015
Held
AbbVieABBV
Share
0.3%
Value
$2m
Shares
6,382
Held
Eli LillyLLY
Share
0.3%
Value
$1m
Shares
1,214
-14%
WalmartWMT
Share
0.3%
Value
$1m
Shares
12,077
Held
Vanguard Intl Equity Index FVSS
Share
0.3%
Value
$1m
Shares
8,658
Held
International Business MachinesIBM
Share
0.3%
Value
$1m
Shares
4,712
-7%
Energy Transfer L PET
Share
0.2%
Value
$1m
Shares
68,724
Held
InfleqtionINFQ
Share
0.2%
Value
$1m
Shares
94,080
New
Procter & GamblePG
Share
0.2%
Value
$1m
Shares
8,380
-3%
Brookfield RenewableBEPC
Share
0.2%
Value
$1m
Shares
32,339
Held
Vanguard Tax-Managed FDSVEA
Share
0.2%
Value
$1m
Shares
16,156
-8%
State STR Spdr S&P Midcap 40MDY
Share
0.2%
Value
$1m
Shares
1,511
-11%
OracleORCL
Share
0.2%
Value
$1m
Shares
7,190
-4%
Cisco SystemsCSCO
Share
0.2%
Value
$1m
Shares
8,727
-3%
RobloxRBLX
Share
0.2%
Value
$1m
Shares
18,588
Held
JPMorgan ChaseJPM
Share
0.2%
Value
$976,407
Shares
2,982
Held
AmgenAMGN
Share
0.2%
Value
$948,754
Shares
2,620
Held
Ishares TRIWD
Share
0.2%
Value
$945,818
Shares
3,901
-3%
Robinhood MarketsHOOD
Share
0.2%
Value
$915,456
Shares
9,129
Held
KLAKLAC
Share
0.2%
Value
$911,164
Shares
3,020
Held
NvidiaNVDA
Share
0.2%
Value
$907,841
Shares
4,537
Held
Affirm HoldingsAFRM
Share
0.2%
Value
$878,294
Shares
10,770
Held
Ishares TRESML
Share
0.2%
Value
$848,133
Shares
15,164
+7%
Invesco Exch Traded FD TR IIQVMT
Share
0.2%
Value
$830,627
Shares
11,885
Held
DoorDashDASH
Share
0.2%
Value
$810,087
Shares
4,390
Held
Johnson & JohnsonJNJ
Share
0.1%
Value
$741,792
Shares
2,920
Held
Vanguard Intl Equity Index FVT
Share
0.1%
Value
$741,773
Shares
4,726
+5%
Invesco Exchange Traded FD TRPV
Share
0.1%
Value
$675,754
Shares
5,937
+86%
AsanaASAN
Share
0.1%
Value
$659,064
Shares
94,152
Held
ChevronCVX
Share
0.1%
Value
$641,827
Shares
3,872
-6%
Invesco Exch Traded FD TR IISPMO
Share
0.1%
Value
$635,337
Shares
3,933
-48%
Spdr Gold TRGLD
Share
0.1%
Value
$623,667
Shares
1,693
Held
Coca-ColaKO
Share
0.1%
Value
$607,727
Shares
7,477
Held
MaplebearCART
Share
0.1%
Value
$603,239
Shares
12,740
Held
PfizerPFE
Share
0.1%
Value
$598,765
Shares
24,865
Held
Applied MaterialsAMAT
Share
0.1%
Value
$578,610
Shares
800
-3%
MerckMRK
Share
0.1%
Value
$559,744
Shares
4,355
Held
Enterprise Products Partners L.P.EPD
Share
0.1%
Value
$551,400
Shares
15,000
Held
Illinois Tool WorksITW
Share
0.1%
Value
$540,940
Shares
2,000
Held
Ssga Active ETF TRTOTL
Share
0.1%
Value
$540,915
Shares
13,704
Held
RedditRDDT
Share
0.1%
Value
$537,057
Shares
3,094
Held
Molson Coors BeverageTAP
Share
<0.1%
Value
$516,619
Shares
13,260
+17%
Ishares TRIWN
Share
<0.1%
Value
$490,875
Shares
2,219
Held
Abbott LaboratoriesABT
Share
<0.1%
Value
$468,201
Shares
5,159
Held
Amazon.comAMZN
Share
<0.1%
Value
$463,810
Shares
1,946
-26%
Dominos PizzaDPZ
Share
<0.1%
Value
$460,934
Shares
1,557
Held
Brookfield InfrastructureBIPC
Share
<0.1%
Value
$458,304
Shares
11,904
Held
Honeywell InternationalHON
Share
<0.1%
Value
$445,449
Shares
1,989
New
Honeywell AerospaceHONA
Share
<0.1%
Value
$439,507
Shares
1,988
New
Northrop GrummanNOC
Share
<0.1%
Value
$436,988
Shares
858
Held
Vanguard Index FDSVTI
Share
<0.1%
Value
$435,884
Shares
1,177
-21%
Proshares TRTOLZ
Share
<0.1%
Value
$427,929
Shares
7,220
Held
Hewlett Packard EnterpriseHPE
Share
<0.1%
Value
$427,344
Shares
9,473
-37%
Ishares TRILCG
Share
<0.1%
Value
$425,251
Shares
3,634
Held
Ishares TRICLN
Share
<0.1%
Value
$406,966
Shares
19,861
Held
Vanguard Scottsdale FDSVCIT
Share
<0.1%
Value
$405,511
Shares
4,906
+5%
ComcastCMCSA
Share
<0.1%
Value
$404,633
Shares
16,482
Held
YUM BrandsYUM
Share
<0.1%
Value
$401,089
Shares
2,509
Held
Invesco Exch Traded FD TR IIPXF
Share
<0.1%
Value
$384,705
Shares
5,086
Held
Colgate-PalmoliveCL
Share
<0.1%
Value
$373,688
Shares
4,076
Held
DavitaDVA
Share
<0.1%
Value
$366,870
Shares
1,649
New
Vanguard Index FDSVOO
Share
<0.1%
Value
$366,070
Shares
533
-15%
American ExpressAXP
Share
<0.1%
Value
$363,281
Shares
1,074
Held
Spdr Index SHS FDSGII
Share
<0.1%
Value
$354,742
Shares
4,685
-4%
Invesco Exchange Traded FD TRSP
Share
<0.1%
Value
$346,310
Shares
1,627
Held
Invesco Exchange Traded FD TPHO
Share
<0.1%
Value
$344,177
Shares
4,982
Held
Vanguard Whitehall FDSVIGI
Share
<0.1%
Value
$341,184
Shares
3,653
Held
Invesco Exchange Traded FD TPRF
Share
<0.1%
Value
$337,147
Shares
6,240
-9%

Company	Share of fund	Value	Shares	Change
Vanguard Specialized FundsVIG	13.2%	$70m	295,185	-2%
Invesco Exchange Traded FD TSPHQ	11.9%	$63m	698,569	-3%
AirbnbABNB	9.9%	$52m	363,431	Held
DigitalOcean HoldingsDOCN	7.6%	$40m	255,766	-17%
Ishares TRIQLT	5.0%	$27m	535,930	-12%
Pacer FDS TRCOWZ	4.8%	$26m	410,235	-3%
MicrosoftMSFT	4.0%	$21m	56,526	Held
OktaOKTA	3.2%	$17m	124,200	Held
GMO ETF TrustQLTY	3.2%	$17m	402,821	+3%
Coinbase GlobalCOIN	3.0%	$16m	109,786	Held
PinterestPINS	1.9%	$10m	481,906	Held
State STR Spdr S&P 500 ETF TSPY	1.7%	$9m	12,067	Held
Franklin Templeton ETF TRFLJP	1.7%	$9m	222,642	-3%
Vanguard Index FDSVTV	1.6%	$8m	37,850	+4%
SalesforceCRM	1.5%	$8m	52,139	Held
Vanguard World FDESGV	1.3%	$7m	52,721	Held
Ishares TREFA	1.3%	$7m	64,265	Held
LyftLYFT	0.8%	$4m	283,742	Held
AppleAAPL	0.7%	$4m	13,242	-3%
Poet TechnologiesPOET	0.7%	$4m	371,220	-21%
Spdr Series TrustSLYV	0.7%	$4m	34,896	-3%
Vanguard World FDVSGX	0.6%	$3m	39,219	+8%
American Centy ETF TRAVUV	0.6%	$3m	25,603	+3%
SamsaraIOT	0.5%	$3m	83,389	Held
Vanguard MUN BD FDSVTEB	0.5%	$3m	51,762	-3%
Vanguard Index FDSVOE	0.4%	$2m	11,964	Held
IsharesEWJ	0.4%	$2m	24,845	-5%
Texas InstrumentsTXN	0.4%	$2m	7,528	Held
Vanguard Index FDSVBR	0.4%	$2m	8,269	Held
Ishares TRIEI	0.3%	$2m	14,900	Held
Proshares TRNOBL	0.3%	$2m	31,061	-25%
Vanguard MUN BD FDSVTEI	0.3%	$2m	16,371	-6%
Ishares TRIEFA	0.3%	$2m	17,015	Held
AbbVieABBV	0.3%	$2m	6,382	Held
Eli LillyLLY	0.3%	$1m	1,214	-14%
WalmartWMT	0.3%	$1m	12,077	Held
Vanguard Intl Equity Index FVSS	0.3%	$1m	8,658	Held
International Business MachinesIBM	0.3%	$1m	4,712	-7%
Energy Transfer L PET	0.2%	$1m	68,724	Held
InfleqtionINFQ	0.2%	$1m	94,080	New
Procter & GamblePG	0.2%	$1m	8,380	-3%
Brookfield RenewableBEPC	0.2%	$1m	32,339	Held
Vanguard Tax-Managed FDSVEA	0.2%	$1m	16,156	-8%
State STR Spdr S&P Midcap 40MDY	0.2%	$1m	1,511	-11%
OracleORCL	0.2%	$1m	7,190	-4%
Cisco SystemsCSCO	0.2%	$1m	8,727	-3%
RobloxRBLX	0.2%	$1m	18,588	Held
JPMorgan ChaseJPM	0.2%	$976,407	2,982	Held
AmgenAMGN	0.2%	$948,754	2,620	Held
Ishares TRIWD	0.2%	$945,818	3,901	-3%
Robinhood MarketsHOOD	0.2%	$915,456	9,129	Held
KLAKLAC	0.2%	$911,164	3,020	Held
NvidiaNVDA	0.2%	$907,841	4,537	Held
Affirm HoldingsAFRM	0.2%	$878,294	10,770	Held
Ishares TRESML	0.2%	$848,133	15,164	+7%
Invesco Exch Traded FD TR IIQVMT	0.2%	$830,627	11,885	Held
DoorDashDASH	0.2%	$810,087	4,390	Held
Johnson & JohnsonJNJ	0.1%	$741,792	2,920	Held
Vanguard Intl Equity Index FVT	0.1%	$741,773	4,726	+5%
Invesco Exchange Traded FD TRPV	0.1%	$675,754	5,937	+86%
AsanaASAN	0.1%	$659,064	94,152	Held
ChevronCVX	0.1%	$641,827	3,872	-6%
Invesco Exch Traded FD TR IISPMO	0.1%	$635,337	3,933	-48%
Spdr Gold TRGLD	0.1%	$623,667	1,693	Held
Coca-ColaKO	0.1%	$607,727	7,477	Held
MaplebearCART	0.1%	$603,239	12,740	Held
PfizerPFE	0.1%	$598,765	24,865	Held
Applied MaterialsAMAT	0.1%	$578,610	800	-3%
MerckMRK	0.1%	$559,744	4,355	Held
Enterprise Products Partners L.P.EPD	0.1%	$551,400	15,000	Held
Illinois Tool WorksITW	0.1%	$540,940	2,000	Held
Ssga Active ETF TRTOTL	0.1%	$540,915	13,704	Held
RedditRDDT	0.1%	$537,057	3,094	Held
Molson Coors BeverageTAP	<0.1%	$516,619	13,260	+17%
Ishares TRIWN	<0.1%	$490,875	2,219	Held
Abbott LaboratoriesABT	<0.1%	$468,201	5,159	Held
Amazon.comAMZN	<0.1%	$463,810	1,946	-26%
Dominos PizzaDPZ	<0.1%	$460,934	1,557	Held
Brookfield InfrastructureBIPC	<0.1%	$458,304	11,904	Held
Honeywell InternationalHON	<0.1%	$445,449	1,989	New
Honeywell AerospaceHONA	<0.1%	$439,507	1,988	New
Northrop GrummanNOC	<0.1%	$436,988	858	Held
Vanguard Index FDSVTI	<0.1%	$435,884	1,177	-21%
Proshares TRTOLZ	<0.1%	$427,929	7,220	Held
Hewlett Packard EnterpriseHPE	<0.1%	$427,344	9,473	-37%
Ishares TRILCG	<0.1%	$425,251	3,634	Held
Ishares TRICLN	<0.1%	$406,966	19,861	Held
Vanguard Scottsdale FDSVCIT	<0.1%	$405,511	4,906	+5%
ComcastCMCSA	<0.1%	$404,633	16,482	Held
YUM BrandsYUM	<0.1%	$401,089	2,509	Held
Invesco Exch Traded FD TR IIPXF	<0.1%	$384,705	5,086	Held
Colgate-PalmoliveCL	<0.1%	$373,688	4,076	Held
DavitaDVA	<0.1%	$366,870	1,649	New
Vanguard Index FDSVOO	<0.1%	$366,070	533	-15%
American ExpressAXP	<0.1%	$363,281	1,074	Held
Spdr Index SHS FDSGII	<0.1%	$354,742	4,685	-4%
Invesco Exchange Traded FD TRSP	<0.1%	$346,310	1,627	Held
Invesco Exchange Traded FD TPHO	<0.1%	$344,177	4,982	Held
Vanguard Whitehall FDSVIGI	<0.1%	$341,184	3,653	Held
Invesco Exchange Traded FD TPRF	<0.1%	$337,147	6,240	-9%

Showing the largest 100 of 222.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is down 4.3% since 30 June 2025.

Where the money is

Technology21.6%

Retail & consumer11.2%

Financial services5.6%

Media & telecom2.3%

Health care1.6%

Everyday goods1.2%

Industrials0.6%

Utilities0.4%

Energy0.3%

Materials0.2%

Real estate0.1%

Other55.0%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.