SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Paragon Capital Management Ltd

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

Reported Value
$183M
Q4 2020
Positions
106
Filings on Record
30
2019–present window
Filed
Jan 26, 2021
original filing

Summary

Paragon Capital Management Ltd reported $183M in U.S.-listed holdings across 106 positions for Q4 2020.

The portfolio is heavily concentrated: Vanguard Specialized Portfol alone accounts for 33.3% of reported value.

Compared with Q3 2020, the fund opened 13 new positions and exited 4.

Portfolio Metrics

Turnover
+14.1%
vs prior filed quarter
Top-10 Concentration
+78.6%
share of reported value
Largest Position
+33.3%
Vanguard Specialized Portfol
New / Exited
13 / 4
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: 69.4%Common Stock: 29.2%MLP: 0.5%Other: 0.4%ADR: 0.3%Other: 0.3%
  • ETP · 69.4% · $127M
  • Common Stock · 29.2% · $53M
  • MLP · 0.5% · $888,000
  • Other · 0.4% · $739,000
  • ADR · 0.3% · $471,000
  • Other · 0.3% · $514,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+21.7K21.7K+$1M$1M
DVNDEVON ENERGY CORP NEWNEW+15.4K15.4K+$244,000$244,000
QCOMQUALCOMM INCNEW+1.5K1.5K+$225,000$225,000
EXMOCEXXON MOBIL CORPNEW+5.5K5.5K+$225,000$225,000
WDFCWD-40 CONEW+831831+$221,000$221,000
CHVCHEVRON CORP NEWNEW+2.6K2.6K+$218,000$218,000
BMYBRISTOL MYERS SQUIBB CONEW+3.4K3.4K+$214,000$214,000
CHUBB LIMITEDNEW+1.4K1.4K+$212,000$212,000

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

Holdings — Q4 2020

95 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VANGUARD SPECIALIZED PORTFOLDIV APP ETF33.30%$61M431.2K
2ISHARES TRCORE US AGGBD ET · NATIONAL MUN ETF · TIPS BD ETF · MSCI EAFE ETF · CALIF MUN BD ETF · RUS 1000 VAL ETF · SP SMCP600GR ETF · MRNGSTR LG-CP GR · RUS 2000 VAL ETF10.28%$19M174.6K
3PROSHARES TRS&P 500 DV ARIST9.81%$18M224.4K
4MSFTMICROSOFT CORPhistory →COM9.41%$17M77.3K
5SPDR S&P 500 ETF TRTR UNIT5.03%$9M24.6K
6VANGUARD MUN BD FD INCTAX EXEMPT BD3.40%$6M112.7K
7VTVVANGUARD INDEX FDSVALUE ETF · REIT ETF · TOTAL STK MKT3.03%$6M47.4K
8AAPLAPPLE INChistory →COM1.92%$4M26.5K
9VANGUARD BD INDEX FD INCTOTAL BND MRKT1.40%$3M29.0K
10JNJJOHNSON & JOHNSONhistory →COM1.05%$2M12.2K
11TXNTEXAS INSTRS INCCOM0.89%$2M9.9K
12CLCOLGATE PALMOLIVE COCOM0.80%$1M17.1K
13PGPROCTER AND GAMBLE COCOM0.71%$1M9.4K
14DYHTARGET CORPCOM0.64%$1M6.6K
15VANGUARD STAR FDVG TL INTL STK F0.64%$1M19.3K
16CMCSACOMCAST CORP NEWCL A0.63%$1M21.9K
17VANGUARD SCOTTSDALE FDSINT-TERM CORP · SHRT TRM CORP BD0.56%$1M11.5K
18ABTABBOTT LABSCOM0.55%$1M9.2K
19ABBVABBVIE INCCOM0.54%$996,0009.3K
20DISDISNEY WALT COCOM DISNEY0.54%$984,0005.4K
21PFEPFIZER INCCOM0.54%$979,00026.6K
22VANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF0.53%$967,00020.5K
23MMM3M COCOM0.45%$827,0004.7K
24MDYSPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP0.42%$774,0001.8K
25ORCLORACLE CORPCOM0.39%$720,00011.1K
26JPMJPMORGAN CHASE & COCOM0.37%$683,0005.4K
27PYPLPAYPAL HLDGS INCCOM0.36%$667,0002.9K
28CSCOCISCO SYS INCCOM0.36%$659,00014.7K
29AMGNAMGEN INCCOM0.35%$648,0002.8K
30SELECT SECTOR SPDR TRSBI HEALTHCARE0.35%$640,0005.6K
31DPZDOMINOS PIZZA INCCOM0.33%$597,0001.6K
32WMTWAL-MART STORES INCCOM0.32%$594,0004.1K
33HDHOME DEPOT INCCOM0.31%$560,0002.1K
34PEPPEPSICO INCCOM0.30%$554,0003.7K
35CEQPUSDCRESTWOOD EQUITY PARTNERS LPUNIT LTD PARTNER0.30%$554,00029.2K
36INTCINTEL CORPCOM0.28%$519,00010.4K
37KOCOCA COLA COCOM0.28%$514,0009.4K
38MRKMERCK & CO INCCOM0.27%$500,0006.1K
39MCDMCDONALDS CORPCOM0.27%$491,0002.3K
40TAPMOLSON COORS BREWING COCL B0.26%$471,00010.4K
41ITWILLINOIS TOOL WKS INCCOM0.25%$452,0002.2K
42METAFACEBOOK INCCL A0.24%$443,0001.6K
43AMATAPPLIED MATLS INCCOM0.24%$442,0005.1K
44LMTLOCKHEED MARTIN CORPCOM0.22%$401,0001.1K
45BACVERIZON COMMUNICATIONS INCCOM0.21%$381,0006.5K
46UNHUNITEDHEALTH GROUP INCCOM0.21%$380,0001.1K
47FISVFISERV INCCOM0.20%$364,0003.2K
48YUMYUM BRANDS INCCOM0.19%$352,0003.2K
49BDXBECTON DICKINSON & COCOM0.19%$351,0001.4K
50GQ9SPDR GOLD TRUSTGOLD SHS0.19%$349,0002.0K
51TAT&T INCCOM0.18%$338,00011.7K
52EPDENTERPRISE PRODS PARTNERS LCOM0.18%$334,00017.0K
53GISGENERAL MLS INCCOM0.18%$332,0005.6K
54SPDR SER TRNUVN BRCLY MUNI0.18%$330,0006.3K
55NOCNORTHROP GRUMMAN CORPCOM0.18%$324,0001.1K
56AXPAMERICAN EXPRESS COCOM0.17%$316,0002.6K
57BABOEING COCOM0.17%$305,0001.4K
58PIMCO ETF TRINTER MUN BD ACT0.17%$303,0005.3K
59SYYSYSCO CORPCOM0.16%$300,0004.0K
60DGEDDIAGEO P L CSPON ADR NEW0.15%$278,0001.8K
61HONGBPHONEYWELL INTL INCCOM0.15%$277,0001.3K
62EMNEASTMAN CHEM COCOM0.15%$274,0002.7K
63LLYLILLY ELI & COCOM0.15%$273,0001.6K
64CLXCLOROX CO DELCOM0.15%$273,0001.4K
65BAXBAXTER INTL INCCOM0.15%$270,0003.4K
66FT2FIRST HORIZON NATL CORPCOM0.14%$263,00020.6K
67W3UWESTERN UN COCOM0.14%$259,00011.8K
68ROKROCKWELL AUTOMATION INCCOM0.14%$257,0001.0K
69CMICUMMINS INCCOM0.14%$250,0001.1K
70DVNDEVON ENERGY CORP NEWCOM0.13%$244,00015.4K
71LOWLOWES COS INCCOM0.13%$233,0001.4K
72QCOMQUALCOMM INCCOM0.12%$225,0001.5K
73EXMOCEXXON MOBIL CORPCOM0.12%$225,0005.5K
74VANGUARD WORLD FDSHEALTH CAR ETF0.12%$224,0001.0K
75KMBKIMBERLY CLARK CORPCOM0.12%$222,0001.6K
76WDFCWD-40 COCOM0.12%$221,000831
77CHVCHEVRON CORP NEWCOM0.12%$218,0002.6K
78BMYBRISTOL MYERS SQUIBB COCOM0.12%$214,0003.4K
79CHUBB LIMITEDCOM0.12%$212,0001.4K
80MARMARRIOTT INTL INC NEWCL A0.11%$202,0001.5K
81PHMPULTE GROUP INCCOM0.11%$202,0004.7K
82LIBERTY GLOBAL PLCSHS CL C0.11%$202,0008.5K
83BACBANK AMER CORPCOM0.11%$202,0006.7K
84XLNXEURXILINX INCCOM0.11%$201,0001.4K
85VODVODAFONE GROUP PLC NEWSPNSR ADR0.11%$193,00011.7K
86INVESCO LTDSHS0.10%$184,00010.5K
87NCANUVEEN CALIF MUN VALUE FDCOM0.09%$162,00015.0K
88MTGMGIC INVT CORP WISCOM0.09%$161,00012.8K
89RITMNEW RESIDENTIAL INVT CORPCOM NEW0.08%$150,00015.1K
90GENERAL ELECTRIC COCOM0.08%$141,00013.1K
91HPEHEWLETT PACKARD ENTERPRISE CCOM0.07%$132,00011.1K
92NLYEURANNALY CAP MGMT INCCOM0.06%$110,00013.0K
93VLYVALLEY NATL BANCORPCOM0.06%$110,00011.3K
94FNBFNB CORP PACOM0.06%$106,00011.2K
956PMPARAMOUNT GROUP INCCOM0.05%$92,00010.1K

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 ↗.