SEC 13F Intelligence

Managers / Q2 2020 · view latest →

Paragon Capital Management Ltd

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

Reported Value
$231M
Q2 2020
Positions
123
Filings on Record
30
2019–present window
Filed
Jul 27, 2020
original filing

Summary

Paragon Capital Management Ltd reported $231M in U.S.-listed holdings across 123 positions for Q2 2020.

The portfolio is heavily concentrated: VIG alone accounts for 21.8% of reported value.

Compared with Q1 2020, the fund opened 58 new positions and exited 9.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+82.3%
share of reported value
Largest Position
+21.8%
Vanguard Specialized Portfol
New / Exited
58 / 9
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: 58.2%Other: 22.0%Common Stock: 18.3%REIT: 1.0%MLP: 0.3%Other: 0.2%
  • ETP · 58.2% · $134M
  • Other · 22.0% · $51M
  • Common Stock · 18.3% · $42M
  • REIT · 1.0% · $2M
  • MLP · 0.3% · $668,000
  • Other · 0.2% · $520,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VCITVANGUARD SCOTTSDALE FDSNEW+166.2K166.2K+$16M$16M
VCSHVANGUARD SCOTTSDALE FDSNEW+87.6K87.6K+$7M$7M
AMGNAMGEN INCNEW+4.3K4.3K+$1M$1M
ABTABBOTT LABSNEW+9.2K9.2K+$840,000$840,000
TARGET CORPNEW+6.6K6.6K+$792,000$792,000
ILCGISHARES TRNEW+1.8K1.8K+$419,000$419,000
CRESTWOOD EQUITY PARTNERS LPNEW+29.2K29.2K+$383,000$383,000
BDXBECTON DICKINSON & CONEW+1.4K1.4K+$335,000$335,000

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

Holdings — Q2 2020

107 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VIGVANGUARD SPECIALIZED PORTFOLhistory →DIV APP ETF21.79%$50M429.4K
2POWERSHARES ETF TRUSTS&P 500 QLTY PRT18.20%$42M1.19M
3VCITVANGUARD SCOTTSDALE FDSINT-TERM CORP · SHRT TRM CORP BD9.98%$23M253.8K
4MSFTMICROSOFT CORPhistory →COM6.85%$16M77.7K
5NOBLPROSHARES TRhistory →S&P 500 DV ARIST6.61%$15M226.6K
6AGGISHARES TRCORE US AGGBD ET · NATIONAL MUN ETF · TIPS BD ETF · MSCI EAFE ETF · RUS 1000 VAL ETF · MIN VOL EAFE ETF · RUS 2000 VAL ETF · MIN VOL USA ETF · MRNGSTR LG-CP GR · INTL DEV RE ETF · SP SMCP600GR ETF6.43%$15M161.5K
7VTVVANGUARD INDEX FDSVALUE ETF · REIT ETF · MCAP VL IDXVIP · TOTAL STK MKT3.91%$9M96.0K
8SPYSPDR S&P 500 ETF TRhistory →TR UNIT3.48%$8M26.1K
9POWERSHARES ETF TR IIS&P500 LOW VOL · INTL DEV LOWVL2.92%$7M181.1K
10VTEBVANGUARD MUN BD FD INChistory →TAX EXEMPT BD2.08%$5M88.7K
11VEAVANGUARD TAX MANAGED INTL FDhistory →FTSE DEV MKT ETF1.23%$3M73.2K
12VNQIVANGUARD INTL EQUITY INDEX Fhistory →GLB EX US ETF1.19%$3M59.1K
13JNJJOHNSON & JOHNSONCOM0.80%$2M13.1K
14CLCOLGATE PALMOLIVE COCOM0.56%$1M17.6K
15TXNTEXAS INSTRS INCCOM0.56%$1M10.1K
16PGPROCTER AND GAMBLE COCOM0.49%$1M9.4K
17AMGNAMGEN INCCOM0.44%$1M4.3K
18ABBVABBVIE INCCOM0.39%$906,0009.2K
19ABTABBOTT LABSCOM0.36%$840,0009.2K
20BNDVANGUARD BD INDEX FD INCTOTAL BND MRKT0.36%$824,0009.3K
21CMCSACOMCAST CORP NEWCL A0.35%$809,00020.8K
22TARGET CORPCOM0.34%$792,0006.6K
23RYDEX ETF TRUSTGUG S&P500 PU VA0.34%$791,00016.6K
24VXUSVANGUARD STAR FDVG TL INTL STK F0.33%$752,00015.3K
25CSCOCISCO SYS INCCOM0.29%$663,00014.2K
26XLVSELECT SECTOR SPDR TRSBI HEALTHCARE0.28%$646,0006.5K
27INTCINTEL CORPCOM0.26%$611,00010.2K
28DISDISNEY WALT COCOM DISNEY0.26%$608,0005.4K
29BONDPIMCO ETF TRTTL RTN ACTV ETF · INTER MUN BD ACT0.26%$605,0008.1K
30PEPPEPSICO INCCOM0.25%$582,0004.4K
31DPZDOMINOS PIZZA INCCOM0.25%$575,0001.6K
32VZVERIZON COMMUNICATIONS INCCOM0.24%$543,00018.1K
33HDHOME DEPOT INCCOM0.23%$534,0002.1K
34WMTWAL-MART STORES INCCOM0.22%$497,0004.1K
35PYPLPAYPAL HLDGS INCCOM0.22%$497,0002.9K
36TAPMOLSON COORS BREWING COCL B0.18%$419,00012.2K
37LMTLOCKHEED MARTIN CORPCOM0.18%$409,0001.1K
38ITWILLINOIS TOOL WKS INCCOM0.17%$388,0002.2K
39CRESTWOOD EQUITY PARTNERS LPUNIT LTD PARTNER0.17%$383,00029.2K
40METAFACEBOOK INCCL A0.16%$368,0001.6K
41GISGENERAL MLS INCCOM0.16%$362,0005.9K
42BDXBECTON DICKINSON & COCOM0.15%$335,0001.4K
43NOCNORTHROP GRUMMAN CORPCOM0.14%$327,0001.1K
44GLDSPDR GOLD TRUSTGOLD SHS0.14%$327,0002.0K
45CLXCLOROX CO DELCOM0.14%$325,0001.5K
46FISVFISERV INCCOM0.14%$312,0003.2K
47BAXBAXTER INTL INCCOM0.13%$289,0003.4K
48EPDENTERPRISE PRODS PARTNERS LCOM0.12%$285,00015.7K
49PSXPHILLIPS 66COM0.12%$283,0003.9K
50YUMYUM BRANDS INCCOM0.12%$282,0003.2K
51LLYLILLY ELI & COCOM0.12%$281,0001.7K
52EMNEASTMAN CHEM COCOM0.12%$276,0004.0K
53BABOEING COCOM0.11%$261,0001.4K
54CBCHUBB LIMITEDCOM0.11%$261,0002.1K
55SYYSYSCO CORPCOM0.11%$255,0004.7K
56WUWESTERN UN COCOM0.11%$255,00011.8K
57KMBKIMBERLY CLARK CORPCOM0.11%$254,0001.8K
58PHMPULTE GROUP INCCOM0.11%$249,0007.3K
59DU PONT E I DE NEMOURS & COCOM0.10%$242,0004.6K
60CVXCHEVRON CORP NEWCOM0.10%$240,0002.7K
61METMETLIFE INCCOM0.10%$239,0006.6K
62RAYTHEON COCOM NEW0.10%$236,0003.8K
63DEODIAGEO P L CSPON ADR NEW0.10%$235,0001.8K
64OCOWENS CORNING NEWCOM0.10%$230,0004.1K
65ESNTESSENT GROUP LTDCOM0.10%$229,0006.3K
66REGREGENCY CTRS CORPCOM0.10%$228,0005.0K
67MPTMEDICAL PPTYS TRUST INCCOM0.10%$226,00012.0K
68BENFRANKLIN RES INCCOM0.10%$222,00010.6K
69PFGPRINCIPAL FINL GROUP INCCOM0.09%$217,0005.2K
70IVZINVESCO LTDSHS0.09%$216,00020.1K
71RITMNEW RESIDENTIAL INVT CORPCOM NEW0.09%$215,00029.0K
72STORE CAP CORPCOM0.09%$215,0009.0K
73TOLTOLL BROTHERS INCCOM0.09%$215,0006.6K
74KIMKIMCO RLTY CORPCOM0.09%$214,00016.7K
75LENLENNAR CORPCL A0.09%$214,0003.5K
76WESTROCK COCOM0.09%$212,0007.5K
77KBHKB HOMECOM0.09%$209,0006.8K
78FRELFIDELITYMSCI RL EST ETF0.09%$208,0008.9K
79WOOFOOT LOCKER INCCOM0.09%$204,0007.0K
80VTRVENTAS INCCOM0.09%$203,0005.5K
81MTGMGIC INVT CORP WISCOM0.09%$202,00024.7K
82VEREIT INCCOM0.09%$201,00031.2K
83TKRTIMKEN COCOM0.09%$200,0004.4K
84HPEHEWLETT PACKARD ENTERPRISE CCOM0.09%$199,00020.4K
85FHNFIRST HORIZON NATL CORPCOM0.08%$194,00019.5K
86CENTURYLINK INCCOM0.08%$192,00019.2K
87SBRASABRA HEALTH CARE REIT INCCOM0.08%$185,00012.8K
88ARCCARES CAP CORPCOM0.08%$183,00012.7K
89RDNRADIAN GROUP INCCOM0.08%$181,00011.7K
90HOMBHOME BANCSHARES INCCOM0.08%$179,00011.6K
91FHBFIRST HAWAIIAN INCCOM0.08%$179,00010.4K
92RFREGIONS FINL CORP NEWCOM0.07%$173,00015.5K
93KEYKEYCORP NEWCOM0.07%$173,00014.2K
94ASBASSOCIATED BANC CORPCOM0.07%$171,00012.5K
95APLEAPPLE HOSPITALITY REIT INCCOM NEW0.07%$171,00017.7K
96AMERICAN CAPITAL AGENCY CORPCOM0.07%$171,00013.2K
97ORIOLD REP INTL CORPCOM0.07%$169,00010.3K
98ANNALY CAP MGMT INCCOM0.07%$169,00025.7K
99VLYVALLEY NATL BANCORPCOM0.07%$168,00021.5K
100HBANHUNTINGTON BANCSHARES INCCOM0.07%$166,00018.3K

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 ↗.