SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Paragon Capital Management Ltd

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

Reported Value
$623M
Q4 2021
Positions
557
Filings on Record
30
2019–present window
Filed
Jan 27, 2022
original filing

Summary

Paragon Capital Management Ltd reported $623M in U.S.-listed holdings across 557 positions for Q4 2021.

Its largest position, ABNB, represents 16.6% of the portfolio.

Compared with Q3 2021, the fund opened 374 new positions and exited 0.

Portfolio Metrics

Turnover
+4.5%
vs prior filed quarter
Top-10 Concentration
+71.2%
share of reported value
Largest Position
+16.6%
Airbnb

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
Common Stock: 62.0%ETP: 36.7%Other: 0.7%MLP: 0.2%REIT: 0.2%Other: 0.3%
  • Common Stock · 62.0% · $386M
  • ETP · 36.7% · $229M
  • Other · 0.7% · $4M
  • MLP · 0.2% · $1M
  • REIT · 0.2% · $1M
  • Other · 0.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CANO HEALTH INCNEW+97.0K97.0K+$864,000$864,000
1939900DBROOKFIELD INFRASTRUCTURE CONEW+9.3K9.3K+$635,000$635,000
QCOMQUALCOMM INCNEW+1.7K1.7K+$309,000$309,000
EQIXEQUINIX INCNEW+323323+$273,000$273,000
TOLTOLL BROTHERS INCNEW+3.5K3.5K+$251,000$251,000
ELVANTHEM INCNEW+515515+$239,000$239,000
MTHMERITAGE HOMES CORPNEW+1.9K1.9K+$233,000$233,000
TMHCTAYLOR MORRISON HOME CORPNEW+6.6K6.6K+$232,000$232,000

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

Holdings — Q4 2021

438 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ABNBAIRBNB INChistory →COM CL A16.57%$103M620.4K
2VANGUARD SPECIALIZED FUNDSDIV APP ETF10.86%$68M394.0K
3INVESCO EXCHANGE TRADED FD TS&P500 QUALITY · S&P500 PUR VAL · S&P500 EQL WGT · S&P MDCP400 VL · DIVID ACHIEVEV · FTSE RAFI 100010.29%$64M1.18M
4COINCOINBASE GLOBAL INChistory →COM CL A10.17%$63M251.3K
5PINSPINTEREST INChistory →CL A4.76%$30M815.9K
6OKTAOKTA INChistory →CL A4.68%$29M130.1K
7MSFTMICROSOFT CORPhistory →COM4.15%$26M77.0K
8PROSHARES TRS&P 500 DV ARIST3.29%$21M208.8K
9CRMSALESFORCE COM INChistory →COM3.25%$20M79.8K
10IYFISHARES TRCORE US AGGBD ET · TIPS BD ETF · NATIONAL MUN ETF · CALIF MUN BD ETF · MSCI EAFE ETF · RUS 1000 VAL ETF · RUS 2000 VAL ETF · S&P SML 600 GWT · MORNINGSTAR GRWT · RUSSELL 2000 ETF · U.S. TECH ETF · S&P MC 400VL ETF · S&P 500 GRWT ETF · U.S. REAL ES ETF · U.S. ENERGY ETF · BLACKROCK ULTRA · US HLTHCARE ETF · CORE S&P SCP ETF · MSCI CHINA ETF · EAFE VALUE ETF · INTL DEV RE ETF · US INDUSTRIALS · CORE MSCI EAFE · U.S. BAS MTL ETF · MSCI USA MIN VOL · S&P 500 VAL ETF · ISHARES BIOTECH · US CONSM STAPLES · RUS MDCP VAL ETF · U.S. FINLS ETF · US CONSUM DISCRE · US TELECOM ETF3.21%$20M194.7K
11VUSBVANGUARD BD INDEX FDSVANGUARD ULTRA · TOTAL BND MRKT2.57%$16M298.8K
12DOCNDIGITALOCEAN HLDGS INChistory →COM2.41%$15M187.0K
13VTVVANGUARD INDEX FDSSM CP VAL ETF · VALUE ETF · REAL ESTATE ETF · TOTAL STK MKT · MID CAP ETF2.21%$14M84.5K
14LYFTLYFT INChistory →CL A COM1.94%$12M283.7K
15SPDR S&P 500 ETF TRTR UNIT1.40%$9M18.4K
16ASANASANA INChistory →CL A1.21%$8M101.4K
17VANGUARD MUN BD FDSTAX EXEMPT BD1.18%$7M134.3K
18AAPLAPPLE INCCOM0.71%$4M24.9K
19TMUST-MOBILE US INCCOM0.50%$3M26.8K
20ISHARES INCMSCI JPN ETF NEW · MSCI EM ASIA ETF · EM MKTS DIV ETF · CORE MSCI EMKT0.48%$3M45.2K
21RBLXROBLOX CORPCL A0.32%$2M19.6K
22JNJJOHNSON & JOHNSONCOM0.30%$2M11.0K
23TXNTEXAS INSTRS INCCOM0.30%$2M9.8K
24MDYSPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP0.29%$2M3.5K
25PFEPFIZER INCCOM0.26%$2M27.7K
26DYHTARGET CORPCOM0.25%$2M6.6K
27PGPROCTER AND GAMBLE COCOM0.24%$1M9.0K
28CLCOLGATE PALMOLIVE COCOM0.23%$1M16.6K
29ABBVABBVIE INCCOM0.20%$1M9.4K
30ABTABBOTT LABSCOM0.20%$1M9.0K
31CMCSACOMCAST CORP NEWCL A0.18%$1M22.7K
32AFRMAFFIRM HLDGS INCCOM CL A0.17%$1M10.8K
33VANGUARD STAR FDSVG TL INTL STK F0.16%$972,00015.3K
34CEQPUSDCRESTWOOD EQUITY PARTNERS LPUNIT LTD PARTNER0.15%$916,00033.2K
35ORCLORACLE CORPCOM0.14%$883,00010.1K
36DPZDOMINOS PIZZA INCCOM0.14%$879,0001.6K
37DISDISNEY WALT COCOM0.14%$864,0005.6K
38CANO HEALTH INCCOM CL A0.14%$864,00097.0K
39CSCOCISCO SYS INCCOM0.13%$833,00013.1K
40VANGUARD TAX-MANAGED INTL FDFTSE DEV MKT ETF0.13%$810,00015.9K
41AMATAPPLIED MATLS INCCOM0.13%$806,0005.1K
42ZMZOOM VIDEO COMMUNICATIONS INCL A0.12%$765,0004.2K
43MMM3M COCOM0.12%$757,0004.3K
44INVESCO EXCH TRADED FD TR IICHINA TECHNLGY · FTSE RAFI SML · KBW PPTY CASUT · S&P500 LOW VOL · S&P MIDCP LOW0.12%$729,00014.5K
45DVNDEVON ENERGY CORP NEWCOM0.12%$724,00016.4K
46HDHOME DEPOT INCCOM0.12%$719,0001.7K
47INTCINTEL CORPCOM0.11%$700,00013.6K
48JPMJPMORGAN CHASE & COCOM0.11%$674,0004.3K
491939900DBROOKFIELD INFRASTRUCTURE COCOM SB VTG SHS A0.10%$635,0009.3K
50AMGNAMGEN INCCOM0.10%$634,0002.8K
51PDPAGERDUTY INCCOM0.10%$624,00018.0K
52MCDMCDONALDS CORPCOM0.10%$613,0002.3K
53WMTWALMART INCCOM0.10%$612,0004.2K
54ACCENTURE PLC IRELANDSHS CLASS A0.09%$582,0001.4K
55MRKMERCK & CO INCCOM0.09%$578,0007.5K
56PYPLPAYPAL HLDGS INCCOM0.09%$576,0003.1K
57ITWILLINOIS TOOL WKS INCCOM0.09%$547,0002.2K
58LIBERTY GLOBAL PLCSHS CL C · SHS CL A0.08%$503,00018.0K
59FISVFISERV INCCOM0.08%$498,0004.8K
60KOCOCA COLA COCOM0.08%$496,0008.4K
61YUMYUM BRANDS INCCOM0.07%$448,0003.2K
62LLYLILLY ELI & COCOM0.07%$444,0001.6K
63XLESELECT SECTOR SPDR TRSBI HEALTHCARE · ENERGY · SBI CONS STPLS0.07%$440,0004.6K
64AXPAMERICAN EXPRESS COCOM0.07%$427,0002.6K
65NOCNORTHROP GRUMMAN CORPCOM0.07%$412,0001.1K
66TAPMOLSON COORS BEVERAGE COCL B0.06%$391,0008.4K
67DGEDDIAGEO PLCSPON ADR NEW0.06%$385,0001.8K
68LOWLOWES COS INCCOM0.06%$381,0001.5K
69SYYSYSCO CORPCOM0.06%$379,0004.8K
70LMTLOCKHEED MARTIN CORPCOM0.06%$373,0001.0K
71TAT&T INCCOM0.06%$371,00015.1K
72VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · GLB EX US ETF0.06%$370,0007.2K
73PEPPEPSICO INCCOM0.06%$356,0002.0K
74SJMSMUCKER J M COCOM NEW0.06%$354,0002.6K
75BDXBECTON DICKINSON & COCOM0.06%$352,0001.4K
76EPDENTERPRISE PRODS PARTNERS LCOM0.06%$346,00015.8K
77GQ9SPDR GOLD TRGOLD SHS0.06%$344,0002.0K
78CVSCVS HEALTH CORPCOM0.05%$320,0003.1K
79QCOMQUALCOMM INCCOM0.05%$309,0001.7K
80GDGENERAL DYNAMICS CORPCOM0.05%$301,0001.4K
81AON PLCSHS CL A0.05%$301,0001.0K
82XLNXEURXILINX INCCOM0.05%$300,0001.4K
83BACVERIZON COMMUNICATIONS INCCOM0.05%$292,0005.6K
84BAXBAXTER INTL INCCOM0.05%$289,0003.4K
85DGXQUEST DIAGNOSTICS INCCOM0.05%$285,0001.6K
86WBAWALGREENS BOOTS ALLIANCE INCCOM0.05%$284,0005.4K
87BABOEING COCOM0.05%$282,0001.4K
88PHMPULTE GROUP INCCOM0.05%$281,0004.9K
89WMWASTE MGMT INC DELCOM0.04%$274,0001.6K
90PIMCO ETF TRINTER MUN BD ACT0.04%$273,0004.9K
91LHXL3HARRIS TECHNOLOGIES INCCOM0.04%$273,0001.3K
92EQIXEQUINIX INCCOM0.04%$273,000323
93HONGBPHONEYWELL INTL INCCOM0.04%$272,0001.3K
94NUENUCOR CORPCOM0.04%$269,0002.4K
95ROKROCKWELL AUTOMATION INCCOM0.04%$269,000771
96DKSDICKS SPORTING GOODS INCCOM0.04%$267,0002.3K
97ADPAUTOMATIC DATA PROCESSING INCOM0.04%$266,0001.1K
98CHVCHEVRON CORP NEWCOM0.04%$266,0002.3K
99RSGREPUBLIC SVCS INCCOM0.04%$266,0001.9K
100JANUS HENDERSON GROUP PLCORD SHS0.04%$262,0006.3K

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 ↗.