SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Paragon Capital Management Ltd

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

Reported Value
$214M
Q2 2021
Positions
132
Filings on Record
30
2019–present window
Filed
Jul 29, 2021
original filing

Summary

Paragon Capital Management Ltd reported $214M in U.S.-listed holdings across 132 positions for Q2 2021.

The portfolio is heavily concentrated: VIG alone accounts for 29.2% of reported value.

Compared with Q1 2021, the fund opened 26 new positions and exited 13.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+76.9%
share of reported value
Largest Position
+29.2%
Vanguard Specialized Portfol
New / Exited
26 / 13
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: 66.2%Common Stock: 32.5%MLP: 0.6%REIT: 0.3%ADR: 0.3%Other: 0.3%
  • ETP · 66.2% · $142M
  • Common Stock · 32.5% · $70M
  • MLP · 0.6% · $1M
  • REIT · 0.3% · $560,000
  • ADR · 0.3% · $538,000
  • Other · 0.3% · $562,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TMUST MOBILE US INCNEW+26.8K26.8K+$4M$4M
SJMSMUCKER J M CONEW+2.5K2.5K+$322,000$322,000
ALLALLSTATE CORPNEW+2.1K2.1K+$269,000$269,000
WBAWALGREENS BOOTS ALLIANCE INCNEW+5.1K5.1K+$267,000$267,000
KMIKINDER MORGAN INC DELNEW+14.2K14.2K+$259,000$259,000
GDGENERAL DYNAMICS CORPNEW+1.4K1.4K+$257,000$257,000
DKSDICKS SPORTING GOODS INCNEW+2.2K2.2K+$221,000$221,000
AFLAFLAC INCNEW+4.1K4.1K+$219,000$219,000

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

Holdings — Q2 2021

119 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VIGVANGUARD SPECIALIZED PORTFOLhistory →DIV APP ETF29.17%$63M404.1K
2AGGISHARES TRCORE US AGGBD ET · ULTR SH TRM BD · NATIONAL MUN ETF · TIPS BD ETF · MSCI EAFE ETF · CALIF MUN BD ETF · RUS 1000 VAL ETF · RUS 2000 VAL ETF · SP SMCP600GR ETF · MRNGSTR LG-CP GR · RUSSELL 2000 ETF11.61%$25M282.2K
3MSFTMICROSOFT CORPhistory →COM9.65%$21M76.4K
4NOBLPROSHARES TRhistory →S&P 500 DV ARIST8.44%$18M199.7K
5VBRVANGUARD INDEX FDSSM CP VAL ETF · VALUE ETF · REIT ETF · TOTAL STK MKT5.67%$12M79.1K
6SPYSPDR S&P 500 ETF TRhistory →TR UNIT4.43%$9M22.2K
7VTEBVANGUARD MUN BD FD INChistory →TAX EXEMPT BD3.28%$7M127.1K
8TMUST MOBILE US INChistory →COM1.81%$4M26.8K
9AAPLAPPLE INChistory →COM1.56%$3M24.4K
10BNDVANGUARD BD INDEX FD INChistory →TOTAL BND MRKT1.24%$3M31.0K
11JNJJOHNSON & JOHNSONCOM0.90%$2M11.7K
12TXNTEXAS INSTRS INCCOM0.88%$2M9.8K
13TGTTARGET CORPCOM0.74%$2M6.6K
14CLCOLGATE PALMOLIVE COCOM0.60%$1M15.7K
15VXUSVANGUARD STAR FDVG TL INTL STK F0.59%$1M19.3K
16PGPROCTER AND GAMBLE COCOM0.59%$1M9.3K
17CMCSACOMCAST CORP NEWCL A0.58%$1M21.9K
18PFEPFIZER INCCOM0.55%$1M30.2K
19ABTABBOTT LABSCOM0.50%$1M9.2K
20ABBVABBVIE INCCOM0.49%$1M9.2K
21DISDISNEY WALT COCOM DISNEY0.44%$946,0005.4K
22VEAVANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF0.43%$918,00017.8K
23MDYSPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP0.42%$902,0001.8K
24MMM3M COCOM0.42%$896,0004.5K
25CRESTWOOD EQUITY PARTNERS LPUNIT LTD PARTNER0.41%$875,00029.2K
26ORCLORACLE CORPCOM0.40%$866,00011.1K
27JPMJPMORGAN CHASE & COCOM0.39%$837,0005.4K
28PYPLPAYPAL HLDGS INCCOM0.39%$831,0002.9K
29CSCOCISCO SYS INCCOM0.36%$782,00014.8K
30INTCINTEL CORPCOM0.36%$773,00013.8K
31AMATAPPLIED MATLS INCCOM0.34%$730,0005.1K
32DPZDOMINOS PIZZA INCCOM0.34%$726,0001.6K
33XLVSELECT SECTOR SPDR TRSBI HEALTHCARE0.33%$710,0005.6K
34AMGNAMGEN INCCOM0.32%$687,0002.8K
35HDHOME DEPOT INCCOM0.29%$618,0001.9K
36MRKMERCK & CO INCCOM0.29%$617,0007.9K
37WMTWAL-MART STORES INCCOM0.27%$581,0004.1K
38METAFACEBOOK INCCL A0.26%$564,0001.6K
39UNHUNITEDHEALTH GROUP INCCOM0.26%$547,0001.4K
40MCDMCDONALDS CORPCOM0.25%$529,0002.3K
41KOCOCA COLA COCOM0.24%$507,0009.4K
42ITWILLINOIS TOOL WKS INCCOM0.23%$496,0002.2K
43DVNDEVON ENERGY CORP NEWCOM0.22%$480,00016.4K
44TAPMOLSON COORS BREWING COCL B0.21%$453,0008.4K
45PEPPEPSICO INCCOM0.20%$434,0002.9K
46AXPAMERICAN EXPRESS COCOM0.20%$432,0002.6K
47TAT&T INCCOM0.20%$423,00014.7K
48EPDENTERPRISE PRODS PARTNERS LCOM0.19%$412,00017.1K
49LMTLOCKHEED MARTIN CORPCOM0.18%$393,0001.0K
50NOCNORTHROP GRUMMAN CORPCOM0.18%$387,0001.1K
51YUMYUM BRANDS INCCOM0.17%$373,0003.2K
52LLYLILLY ELI & COCOM0.17%$372,0001.6K
53FISVFISERV INCCOM0.16%$342,0003.2K
54BDXBECTON DICKINSON & COCOM0.16%$341,0001.4K
55BABOEING COCOM0.16%$341,0001.4K
56DEODIAGEO P L CSPON ADR NEW0.16%$335,0001.8K
57EXMOCEXXON MOBIL CORPCOM0.15%$328,0005.2K
58GLDSPDR GOLD TRUSTGOLD SHS0.15%$324,0002.0K
59SJMSMUCKER J M COCOM NEW0.15%$322,0002.5K
60VZVERIZON COMMUNICATIONS INCCOM0.15%$319,0005.7K
61SYYSYSCO CORPCOM0.15%$315,0004.0K
62MUNIPIMCO ETF TRINTER MUN BD ACT0.15%$312,0005.5K
63CVXCHEVRON CORP NEWCOM0.14%$299,0002.9K
64VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.13%$286,0005.3K
65HONHONEYWELL INTL INCCOM0.13%$286,0001.3K
66LOWLOWES COS INCCOM0.13%$282,0001.5K
67WUWESTERN UN COCOM0.13%$271,00011.8K
68BAXBAXTER INTL INCCOM0.13%$271,0003.4K
69ALLALLSTATE CORPCOM0.13%$269,0002.1K
70WBAWALGREENS BOOTS ALLIANCE INCCOM0.12%$267,0005.1K
71KMIKINDER MORGAN INC DELCOM0.12%$259,00014.2K
72GDGENERAL DYNAMICS CORPCOM0.12%$257,0001.4K
73WESTROCK COCOM0.12%$252,0004.7K
74PHMPULTE GROUP INCCOM0.12%$251,0004.6K
75VHTVANGUARD WORLD FDSHEALTH CAR ETF0.12%$247,0001.0K
76CMICUMMINS INCCOM0.11%$246,0001.0K
77CLXCLOROX CO DELCOM0.11%$243,0001.4K
78BMYBRISTOL MYERS SQUIBB COCOM0.11%$231,0003.5K
79WMWASTE MGMT INC DELCOM0.11%$230,0001.6K
80LIBERTY GLOBAL PLCSHS CL C0.10%$225,0008.3K
81GISGENERAL MLS INCCOM0.10%$223,0003.7K
82DKSDICKS SPORTING GOODS INCCOM0.10%$221,0002.2K
83ROKROCKWELL AUTOMATION INCCOM0.10%$220,000770
84AFLAFLAC INCCOM0.10%$219,0004.1K
85CVSCVS HEALTH CORPCOM0.10%$217,0002.6K
86HIGHARTFORD FINL SVCS GROUP INCCOM0.10%$216,0003.5K
87NUENUCOR CORPCOM0.10%$215,0002.2K
88ADMARCHER DANIELS MIDLAND COCOM0.10%$214,0003.5K
89ADPAUTOMATIC DATA PROCESSING INCOM0.10%$214,0001.1K
90STLDSTEEL DYNAMICS INCCOM0.10%$214,0003.6K
91WDFCWD-40 COCOM0.10%$213,000831
92QCOMQUALCOMM INCCOM0.10%$212,0001.5K
93COFCAPITAL ONE FINL CORPCOM0.10%$212,0001.4K
94RSGREPUBLIC SVCS INCCOM0.10%$209,0001.9K
95MARMARRIOTT INTL INC NEWCL A0.10%$209,0001.5K
96ACNACCENTURE PLC IRELANDSHS CLASS A0.10%$208,000704
97METMETLIFE INCCOM0.10%$208,0003.5K
98DGXQUEST DIAGNOSTICS INCCOM0.10%$205,0001.6K
99PRGOPERRIGO CO PLCSHS0.10%$205,0004.5K
100XILINX INCCOM0.10%$205,0001.4K

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 ↗.