SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Paragon Capital Management Ltd

CIK 0001569765 · 999 18TH STREET, SUITE 1401, DENVER, CO, 80202 · 303-293-3680

Reported Value
$176M
Q1 2020
Positions
74
Filings on Record
30
2019–present window
Filed
Apr 29, 2020
original filing

Summary

Paragon Capital Management Ltd reported $176M in U.S.-listed holdings across 74 positions for Q1 2020.

The portfolio is heavily concentrated: VIG alone accounts for 24.9% of reported value.

Compared with Q4 2019, the fund opened 16 new positions and exited 111.

Portfolio Metrics

Turnover
+29.3%
vs prior filed quarter
Top-10 Concentration
+85.4%
share of reported value
Largest Position
+24.9%
Vanguard Specialized Portfol
New / Exited
16 / 111
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: $208MQ4 ’18Q1 ’19: $165MQ2 ’19: $176MQ3 ’19: $180MQ4 ’19: $191MQ4 ’19Q1 ’20: $176MQ2 ’20: $231MQ3 ’20: $183MQ4 ’20: $183MQ4 ’20Q1 ’21: $193MQ2 ’21: $214MQ3 ’21: $581MQ4 ’21: $623MQ4 ’21Q1 ’22: $535MQ2 ’22: $358MQ3 ’22: $350MQ4 ’22: $375MQ4 ’22Q1 ’23: $437MQ2 ’23: $462MQ3 ’23: $444MQ4 ’23: $489MQ4 ’23Q1 ’24: $565MQ2 ’24: $545MQ3 ’24: $510MQ4 ’24: $501MQ4 ’24Q1 ’25: $488MQ2 ’25: $552MQ3 ’25: $532MQ4 ’25: $502MQ4 ’25Q1 ’26: $476Mfilingsflow.com

Portfolio Composition

By security type
ETP: 57.4%Other: 25.8%Common Stock: 16.4%MLP: 0.1%ADR: 0.1%REIT: 0.1%
  • ETP · 57.4% · $101M
  • Other · 25.8% · $45M
  • Common Stock · 16.4% · $29M
  • MLP · 0.1% · $224,000
  • ADR · 0.1% · $222,000
  • REIT · 0.1% · $202,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
POWERSHARES ETF TRUSTNEW+1.17M1.17M+$35M$35M
POWERSHARES ETF TR IINEW+130.7K130.7K+$6M$6M
POWERSHARES ETF TR IINEW+135.0K135.0K+$4M$4M
RYDEX ETF TRUSTNEW+15.5K15.5K+$621,000$621,000
EFAVISHARES TRNEW+9.0K9.0K+$557,000$557,000
IFGLISHARES TRNEW+22.3K22.3K+$481,000$481,000
USMVISHARES TRNEW+6.1K6.1K+$329,000$329,000
USRTISHARES TRNEW+8.0K8.0K+$314,000$314,000

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

Holdings — Q1 2020

61 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VIGVANGUARD SPECIALIZED PORTFOLhistory →DIV APP ETF24.94%$44M425.0K
2POWERSHARES ETF TRUSTS&P 500 QLTY PRT19.83%$35M1.17M
3AGGISHARES TRCORE US AGGBD ET · NATIONAL MUN ETF · TIPS BD ETF · MSCI EAFE ETF · MIN VOL EAFE ETF · INTL DEV RE ETF · RUS 2000 VAL ETF · MIN VOL USA ETF · REAL EST 50 ETF · RUS 1000 VAL ETF7.79%$14M166.3K
4NOBLPROSHARES TRhistory →S&P 500 DV ARIST7.35%$13M224.5K
5MSFTMICROSOFT CORPhistory →COM6.96%$12M77.7K
6POWERSHARES ETF TR IIS&P500 LOW VOL · INTL DEV LOWVL5.49%$10M265.6K
7VTVVANGUARD INDEX FDSVALUE ETF · REIT ETF · MCAP VL IDXVIP4.63%$8M98.9K
8SPYSPDR S&P 500 ETF TRhistory →TR UNIT3.65%$6M25.0K
9VTEBVANGUARD MUN BD FD INChistory →TAX EXEMPT BD2.63%$5M87.5K
10VGITVANGUARD SCOTTSDALE FDShistory →INT-TERM GOV2.17%$4M54.2K
11VNQIVANGUARD INTL EQUITY INDEX Fhistory →GLB EX US ETF1.37%$2M56.3K
12VEAVANGUARD TAX MANAGED INTL FDhistory →FTSE DEV MKT ETF1.20%$2M63.3K
13JNJJOHNSON & JOHNSONCOM0.98%$2M13.1K
14CLCOLGATE PALMOLIVE COCOM0.66%$1M17.6K
15PGPROCTER AND GAMBLE COCOM0.59%$1M9.4K
16TXNTEXAS INSTRS INCCOM0.57%$1M10.1K
17BNDVANGUARD BD INDEX FD INCTOTAL BND MRKT0.50%$887,00010.4K
18CMCSACOMCAST CORP NEWCL A0.41%$714,00020.8K
19VXUSVANGUARD STAR FDVG TL INTL STK F0.36%$642,00015.3K
20ABBVABBVIE INCCOM0.36%$634,0008.3K
21RYDEX ETF TRUSTGUG S&P500 PU VA0.35%$621,00015.5K
22BONDPIMCO ETF TRTTL RTN ACTV ETF · INTER MUN BD ACT0.33%$585,0008.1K
23XLVSELECT SECTOR SPDR TRSBI HEALTHCARE0.32%$572,0006.5K
24CSCOCISCO SYS INCCOM0.32%$564,00014.3K
25INTCINTEL CORPCOM0.31%$552,00010.2K
26PEPPEPSICO INCCOM0.30%$528,0004.4K
27TAPMOLSON COORS BREWING COCL B0.29%$519,00013.3K
28DPZDOMINOS PIZZA INCCOM0.29%$505,0001.6K
29DISDISNEY WALT COCOM DISNEY0.28%$499,0005.2K
30WMTWAL-MART STORES INCCOM0.26%$465,0004.1K
31HDHOME DEPOT INCCOM0.23%$407,0002.2K
32LMTLOCKHEED MARTIN CORPCOM0.21%$378,0001.1K
33VZVERIZON COMMUNICATIONS INCCOM0.20%$349,0006.5K
34NOCNORTHROP GRUMMAN CORPCOM0.18%$322,0001.1K
35ITWILLINOIS TOOL WKS INCCOM0.18%$315,0002.2K
36GISGENERAL MLS INCCOM0.18%$309,0005.9K
37FISVFISERV INCCOM0.17%$304,0003.2K
38GLDSPDR GOLD TRUSTGOLD SHS0.16%$289,0002.0K
39WESTROCK COCOM0.16%$276,0009.8K
40PYPLPAYPAL HLDGS INCCOM0.15%$273,0002.9K
41METAFACEBOOK INCCL A0.15%$271,0001.6K
42CLXCLOROX CO DELCOM0.15%$257,0001.5K
43EMNEASTMAN CHEM COCOM0.14%$249,0005.3K
44METMETLIFE INCCOM0.14%$247,0008.1K
45LLYLILLY ELI & COCOM0.13%$237,0001.7K
46KMBKIMBERLY CLARK CORPCOM0.13%$230,0001.8K
47DU PONT E I DE NEMOURS & COCOM0.13%$225,0006.6K
48EPDENTERPRISE PRODS PARTNERS LCOM0.13%$224,00015.7K
49YUMYUM BRANDS INCCOM0.13%$222,0003.2K
50DEODIAGEO P L CSPON ADR NEW0.13%$222,0001.8K
51PSXPHILLIPS 66COM0.12%$220,0004.1K
52NUENUCOR CORPCOM0.12%$219,0006.1K
53WUWESTERN UN COCOM0.12%$214,00011.8K
54USBUS BANCORP DELCOM NEW0.12%$213,0006.2K
55STLDSTEEL DYNAMICS INCCOM0.12%$212,0009.4K
56CIMAREX ENERGY COCOM0.12%$210,00012.5K
57VLYVALLEY NATL BANCORPCOM0.12%$206,00028.1K
58STTSTATE STR CORPCOM0.12%$205,0003.9K
59CFRCULLEN FROST BANKERS INCCOM0.12%$204,0003.7K
60HPEHEWLETT PACKARD ENTERPRISE CCOM0.11%$202,00020.8K
61MGPMGM GROWTH PPTYS LLCCL A COM0.11%$202,0008.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$476M199Apr 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$502M195Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$532M201Oct 15, 202513F-HRchanges · EDGAR ↗
Q2 2025$552M214Jul 16, 202513F-HRchanges · EDGAR ↗
Q1 2025$488M197Apr 16, 202513F-HRchanges · EDGAR ↗
Q4 2024$501M187Jan 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$510M206Oct 10, 202413F-HRchanges · EDGAR ↗
Q2 2024$545M202Jul 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$565M194Apr 11, 202413F-HRchanges · EDGAR ↗
Q4 2023$489M170Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$444M189Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$462M191Jul 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$437M181Apr 13, 202313F-HRchanges · EDGAR ↗
Q4 2022$375M173Jan 17, 202313F-HRchanges · EDGAR ↗
Q3 2022$350M130Oct 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$358M158Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$535M191Apr 19, 202213F-HRchanges · EDGAR ↗
Q4 2021$623M557Jan 27, 202213F-HRchanges · EDGAR ↗
Q3 2021$581M183Oct 19, 202113F-HRchanges · EDGAR ↗
Q2 2021$214M132Jul 29, 202113F-HRchanges · EDGAR ↗
Q1 2021$193M119Apr 21, 202113F-HRchanges · EDGAR ↗
Q4 2020$183M106Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$183M97Oct 22, 202013F-HRchanges · EDGAR ↗
Q2 2020$231M123Jul 27, 202013F-HRchanges · EDGAR ↗
Q1 2020$176M74Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$191M169Feb 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$180M164Oct 18, 201913F-HRchanges · EDGAR ↗
Q2 2019$176M166Jul 23, 201913F-HRchanges · EDGAR ↗
Q1 2019$165M177May 1, 201913F-HRchanges · EDGAR ↗
Q4 2018$208M188Jan 29, 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 ↗.