Managers / Q4 2024 · view latest →
PARAGON ASSOCIATES & PARAGON ASSOCIATES II JOINT VENTURE
CIK 0001047859 · 500 CRESCENT COURT, SUITE 260, DALLAS, TX, 75201 · 2148713700
Summary
Paragon Associates & Paragon Associates II Joint Venture reported $43M in U.S.-listed holdings across 12 positions for Q4 2024.
The portfolio is heavily concentrated: AEM alone accounts for 22.6% of reported value.
Compared with Q3 2024, the fund opened 4 new positions and exited 8.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 95.8% · $41M
- Other · 4.2% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| HONHONEYWELL INTL INC | NEW | +7.5K | 7.5K | +$2M | $2M |
| UALUNITED AIRLS HLDGS INC | NEW | +12.5K | 12.5K | +$1M | $1M |
| NPKINPK INTERNATIONAL INC | NEW | +75.0K | 75.0K | +$575,250 | $575,250 |
| ASPIASP ISOTOPES INC | NEW | +25.0K | 25.0K | +$113,250 | $113,250 |
| SPYSPDR S&P 500 ETF TR | SOLD OUT | −10.0K | 0 | −$6M | $0 |
| EXECHESAPEAKE ENERGY CORP | SOLD OUT | −50.0K | 0 | −$4M | $0 |
| NEMNEWMONT CORP | SOLD OUT | −75.0K | 0 | −$4M | $0 |
| VSTSVESTIS CORPORATION | SOLD OUT | −75.0K | 0 | −$1M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AEMAGNICO EAGLE MINES LTDhistory → | COM | 22.61% | $10M | 125.0K |
| 2 | NVGSNAVIGATOR HLDGS LTDhistory → | SHS | 21.30% | $9M | 600.0K |
| 3 | BELFBBEL FUSE INChistory → | CL B | 12.97% | $6M | 68.0K |
| 4 | EPSNEPSILON ENERGY LTDhistory → | COM | 10.70% | $5M | 745.0K |
| 5 | FNVFRANCO NEV CORPhistory → | COM | 9.52% | $4M | 35.0K |
| 6 | DMACDIAMEDICA THERAPEUTICS INChistory → | COM NEW | 6.46% | $3M | 514.8K |
| 7 | AKOYA BIOSCIENCES INC | COM | 4.24% | $2M | 801.0K |
| 8 | HONHONEYWELL INTL INChistory → | COM | 3.92% | $2M | 7.5K |
| 9 | IRIXIRIDEX CORPhistory → | COM | 3.89% | $2M | 1.00M |
| 10 | UALUNITED AIRLS HLDGS INChistory → | COM | 2.81% | $1M | 12.5K |
| 11 | NPKINPK INTERNATIONAL INChistory → | COM SHS | 1.33% | $575,250 | 75.0K |
| 12 | ASPIASP ISOTOPES INC | COM | 0.26% | $113,250 | 25.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $74M | 14 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $48M | 12 | Feb 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $56M | 12 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $63M | 15 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $43M | 13 | May 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $43M | 12 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $56M | 16 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $41M | 11 | Aug 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $56M | 16 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $44M | 15 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $31M | 10 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $49M | 13 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $48M | 11 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $54M | 17 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $50M | 12 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $51M | 11 | Aug 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $54M | 7 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $63M | 10 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $88M | 17 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $75M | 16 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $66M | 11 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $65M | 10 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $74M | 8 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $91M | 10 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $93M | 13 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $178M | 19 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $130M | 21 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $130M | 25 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $106M | 30 | May 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $75M | 21 | Feb 13, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.