SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Paragon Capital Management Ltd

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

Reported Value
$183M
Q3 2020
Positions
97
Filings on Record
30
2019–present window
Filed
Oct 22, 2020
original filing

Summary

Paragon Capital Management Ltd reported $183M in U.S.-listed holdings across 97 positions for Q3 2020.

The portfolio is heavily concentrated: Vanguard Specialized Portfol alone accounts for 30.0% of reported value.

Compared with Q2 2020, the fund opened 23 new positions and exited 49.

Portfolio Metrics

Turnover
+12.1%
vs prior filed quarter
Top-10 Concentration
+81.0%
share of reported value
Largest Position
+30.0%
Vanguard Specialized Portfol
New / Exited
23 / 49
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: 72.7%Common Stock: 26.4%MLP: 0.3%ADR: 0.2%REIT: 0.2%Other: 0.2%
  • ETP · 72.7% · $133M
  • Common Stock · 26.4% · $48M
  • MLP · 0.3% · $633,000
  • ADR · 0.2% · $398,000
  • REIT · 0.2% · $394,000
  • Other · 0.2% · $370,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AAPLAPPLE INCNEW+27.0K27.0K+$3M$3M
DYHTARGET CORPNEW+6.6K6.6K+$1M$1M
PFEPFIZER INCNEW+26.6K26.6K+$976,000$976,000
MMM3M CONEW+4.9K4.9K+$793,000$793,000
ORCLORACLE CORPNEW+11.1K11.1K+$664,000$664,000
MDYSPDR S&P MIDCAP 400 ETF TRNEW+1.8K1.8K+$624,000$624,000
JPMJPMORGAN CHASE & CONEW+5.4K5.4K+$517,000$517,000
MRKMERCK & CO INCNEW+6.1K6.1K+$507,000$507,000

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

Holdings — Q3 2020

87 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VANGUARD SPECIALIZED PORTFOLDIV APP ETF30.02%$55M427.6K
2VANGUARD SCOTTSDALE FDSINT-TERM CORP · SHRT TRM CORP BD13.94%$26M275.9K
3MSFTMICROSOFT CORPhistory →COM8.90%$16M77.6K
4PROSHARES TRS&P 500 DV ARIST8.69%$16M220.8K
5ISHARES TRCORE US AGGBD ET · NATIONAL MUN ETF · TIPS BD ETF · MSCI EAFE ETF · RUS 1000 VAL ETF · MRNGSTR LG-CP GR · RUS 2000 VAL ETF · SP SMCP600GR ETF6.77%$12M112.4K
6SPDR S&P 500 ETF TRTR UNIT4.54%$8M24.8K
7VANGUARD MUN BD FD INCTAX EXEMPT BD2.76%$5M93.0K
8VTVVANGUARD INDEX FDSVALUE ETF · REIT ETF2.64%$5M47.9K
9AAPLAPPLE INChistory →COM1.70%$3M27.0K
10JNJJOHNSON & JOHNSONhistory →COM1.01%$2M12.5K
11TXNTEXAS INSTRS INCCOM0.79%$1M10.1K
12VANGUARD BD INDEX FD INCTOTAL BND MRKT0.73%$1M15.1K
13CLCOLGATE PALMOLIVE COCOM0.72%$1M17.1K
14PGPROCTER AND GAMBLE COCOM0.71%$1M9.4K
15AMGNAMGEN INCCOM0.60%$1M4.3K
16DYHTARGET CORPCOM0.57%$1M6.6K
17VANGUARD STAR FDVG TL INTL STK F0.55%$1M19.3K
18ABTABBOTT LABSCOM0.55%$1M9.2K
19PFEPFIZER INCCOM0.53%$976,00026.6K
20CMCSACOMCAST CORP NEWCL A0.52%$960,00020.8K
21ABBVABBVIE INCCOM0.44%$809,0009.2K
22VANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF0.44%$803,00019.6K
23MMM3M COCOM0.43%$793,0004.9K
24DISDISNEY WALT COCOM DISNEY0.37%$674,0005.4K
25ORCLORACLE CORPCOM0.36%$664,00011.1K
26DPZDOMINOS PIZZA INCCOM0.36%$662,0001.6K
27MDYSPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP0.34%$624,0001.8K
28PIMCO ETF TRTTL RTN ACTV ETF · INTER MUN BD ACT0.33%$610,0008.1K
29SELECT SECTOR SPDR TRSBI HEALTHCARE0.32%$595,0005.6K
30HDHOME DEPOT INCCOM0.32%$585,0002.1K
31WMTWAL-MART STORES INCCOM0.31%$577,0004.1K
32PYPLPAYPAL HLDGS INCCOM0.31%$562,0002.9K
33CSCOCISCO SYS INCCOM0.31%$560,00014.2K
34INTCINTEL CORPCOM0.29%$531,00010.3K
35PEPPEPSICO INCCOM0.28%$518,0003.7K
36JPMJPMORGAN CHASE & COCOM0.28%$517,0005.4K
37MRKMERCK & CO INCCOM0.28%$507,0006.1K
38MCDMCDONALDS CORPCOM0.27%$502,0002.3K
39KOCOCA COLA COCOM0.26%$475,0009.6K
40LMTLOCKHEED MARTIN CORPCOM0.24%$431,0001.1K
41ITWILLINOIS TOOL WKS INCCOM0.23%$429,0002.2K
42METAFACEBOOK INCCL A0.23%$425,0001.6K
43BACVERIZON COMMUNICATIONS INCCOM0.21%$386,0006.5K
44UNHUNITEDHEALTH GROUP INCCOM0.20%$374,0001.2K
45CEQPUSDCRESTWOOD EQUITY PARTNERS LPUNIT LTD PARTNER0.20%$364,00029.2K
46TAT&T INCCOM0.19%$351,00012.3K
47TAPMOLSON COORS BREWING COCL B0.19%$350,00010.4K
48GISGENERAL MLS INCCOM0.19%$347,0005.6K
49GQ9SPDR GOLD TRUSTGOLD SHS0.19%$346,0002.0K
50NOCNORTHROP GRUMMAN CORPCOM0.18%$336,0001.1K
51FISVFISERV INCCOM0.18%$330,0003.2K
52BDXBECTON DICKINSON & COCOM0.18%$326,0001.4K
53SPDR SER TRNUVN BRCLY MUNI0.17%$317,0006.1K
54CLXCLOROX CO DELCOM0.17%$311,0001.5K
55AMATAPPLIED MATLS INCCOM0.17%$305,0005.1K
56YUMYUM BRANDS INCCOM0.16%$296,0003.2K
57AXPAMERICAN EXPRESS COCOM0.15%$273,0002.7K
58BAXBAXTER INTL INCCOM0.15%$270,0003.4K
59EPDENTERPRISE PRODS PARTNERS LCOM0.15%$269,00017.0K
60W3UWESTERN UN COCOM0.14%$253,00011.8K
61SYYSYSCO CORPCOM0.14%$251,0004.0K
62CTLEURCENTURYLINK INCCOM0.14%$248,00024.6K
63KMBKIMBERLY CLARK CORPCOM0.13%$244,0001.6K
64DGEDDIAGEO P L CSPON ADR NEW0.13%$241,0001.8K
65LOWLOWES COS INCCOM0.13%$240,0001.4K
66LLYLILLY ELI & COCOM0.13%$239,0001.6K
67BABOEING COCOM0.13%$235,0001.4K
68CMICUMMINS INCCOM0.13%$232,0001.1K
69ROKROCKWELL AUTOMATION INCCOM0.12%$226,0001.0K
70VANGUARD INTL EQUITY INDEX FGLB EX US ETF0.12%$218,0004.5K
71PHMPULTE GROUP INCCOM0.12%$217,0004.7K
72HONGBPHONEYWELL INTL INCCOM0.12%$215,0001.3K
73EMNEASTMAN CHEM COCOM0.12%$213,0002.7K
74VANGUARD WORLD FDSHEALTH CAR ETF0.11%$204,0001.0K
75FT2FIRST HORIZON NATL CORPCOM0.11%$195,00020.6K
76NCANUVEEN CALIF MUN VALUE FDCOM0.09%$162,00015.0K
77VODVODAFONE GROUP PLC NEWSPNSR ADR0.09%$157,00011.7K
78INVESCO LTDSHS0.07%$120,00010.5K
79RITMNEW RESIDENTIAL INVT CORPCOM NEW0.07%$120,00015.1K
80MTGMGIC INVT CORP WISCOM0.06%$114,00012.8K
81ARCPEURVEREIT INCCOM0.06%$109,00016.8K
82HPEHEWLETT PACKARD ENTERPRISE CCOM0.06%$104,00011.1K
83NLYEURANNALY CAP MGMT INCCOM0.05%$93,00013.0K
84GENERAL ELECTRIC COCOM0.05%$88,00014.1K
85VLYVALLEY NATL BANCORPCOM0.04%$77,00011.3K
86FNBFNB CORP PACOM0.04%$76,00011.2K
876PMPARAMOUNT GROUP INCCOM0.04%$72,00010.1K

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 ↗.