SEC 13F Intelligence

Managers / Q1 2025 · view latest →

PARAGON ASSOCIATES & PARAGON ASSOCIATES II JOINT VENTURE

CIK 0001047859 · 500 CRESCENT COURT, SUITE 260, DALLAS, TX, 75201 · 2148713700

Reported Value
$43M
Q1 2025
Positions
13
Filings on Record
30
2019–present window
Filed
May 13, 2025
original filing

Summary

Paragon Associates & Paragon Associates II Joint Venture reported $43M in U.S.-listed holdings across 13 positions for Q1 2025.

The portfolio is heavily concentrated: AEM alone accounts for 33.0% of reported value.

Compared with Q4 2024, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+19.8%
vs prior filed quarter
Top-10 Concentration
+98.2%
share of reported value
Largest Position
+33.0%
Agnico Eagle Mines
New / Exited
4 / 3
positions this quarter

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

13F Reported Value
Q4 ’18: $75MQ4 ’18Q1 ’19: $106MQ2 ’19: $130MQ3 ’19: $130MQ4 ’19: $178MQ4 ’19Q1 ’20: $93MQ2 ’20: $91MQ3 ’20: $74MQ4 ’20: $65MQ4 ’20Q1 ’21: $66MQ2 ’21: $75MQ3 ’21: $88MQ4 ’21: $63MQ4 ’21Q1 ’22: $54MQ2 ’22: $51MQ3 ’22: $50MQ4 ’22: $54MQ4 ’22Q1 ’23: $48MQ2 ’23: $49MQ3 ’23: $31MQ4 ’23: $44MQ4 ’23Q1 ’24: $56MQ2 ’24: $41MQ3 ’24: $56MQ4 ’24: $43MQ4 ’24Q1 ’25: $43MQ2 ’25: $63MQ3 ’25: $56MQ4 ’25: $48MQ4 ’25Q1 ’26: $74Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 96.7%Other: 2.2%ADR: 1.1%
  • Common Stock · 96.7% · $41M
  • Other · 2.2% · $932,690
  • ADR · 1.1% · $464,250

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CDNACAREDX INCNEW+50.0K50.0K+$887,500$887,500
KSPIKASPI KZ JSCNEW+5.0K5.0K+$464,250$464,250
QTRXQUANTERIX CORPNEW+25.0K25.0K+$162,750$162,750
PRGOPERRIGO CO PLCNEW+5.0K5.0K+$140,200$140,200
NPKINPK INTERNATIONAL INCADDED+350.0K425.0K+$2M$2M
HONHONEYWELL INTL INCSOLD OUT−7.5K0−$2M$0
UALUNITED AIRLS HLDGS INCSOLD OUT−12.5K0−$1M$0
ASPIASP ISOTOPES INCSOLD OUT−25.0K0−$113,250$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

13 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AEMAGNICO EAGLE MINES LTDhistory →COM33.03%$14M130.0K
2NVGSNAVIGATOR HLDGS LTDhistory →SHS18.72%$8M600.0K
3EPSNEPSILON ENERGY LTDhistory →COM12.33%$5M745.0K
4BELFBBEL FUSE INChistory →CL B10.88%$5M62.0K
5NPKINPK INTERNATIONAL INChistory →COM SHS5.79%$2M425.0K
6FNVFRANCO NEV CORPhistory →COM5.54%$2M15.0K
7DMACDIAMEDICA THERAPEUTICS INChistory →COM NEW5.33%$2M600.0K
8IRIXIRIDEX CORPhistory →COM2.32%$990,0001.00M
9AKOYA BIOSCIENCES INCCOM2.19%$932,690671.0K
10CDNACAREDX INChistory →COM2.08%$887,50050.0K
11KSPIKASPI KZ JSChistory →SPONSORED ADS1.09%$464,2505.0K
12QTRXQUANTERIX CORPCOM0.38%$162,75025.0K
13PRGOPERRIGO CO PLCSHS0.33%$140,2005.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$74M14May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$48M12Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$56M12Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$63M15Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$43M13May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$43M12Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$56M16Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$41M11Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$56M16May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$44M15Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$31M10Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$49M13Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$48M11May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$54M17Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$50M12Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$51M11Aug 16, 202213F-HRchanges · EDGAR ↗
Q1 2022$54M7May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$63M10Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$88M17Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$75M16Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$66M11May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$65M10Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$74M8Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$91M10Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$93M13May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$178M19Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$130M21Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$130M25Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$106M30May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$75M21Feb 13, 201913F-HRchanges · 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 ↗.