Managers / Q1 2025 · view latest →
Paragon Advisors, LLC
CIK 0001799719 · 215 ROCK PRAIRIE RD., COLLEGE STATION, TX, 77845 · 9796933907
Reported Value
$264M
Q1 2025
Positions
85
Filings on Record
26
2019–present window
Filed
Apr 15, 2025
original filing
Summary
Paragon Advisors, LLC reported $264M in U.S.-listed holdings across 85 positions for Q1 2025.
Its largest position, IBIT, represents 7.6% of the portfolio.
Compared with Q4 2024, the fund opened 12 new positions and exited 8.
Portfolio Metrics
Turnover
+6.8%
vs prior filed quarter
Top-10 Concentration
+45.6%
share of reported value
Largest Position
+7.6%
Ishares Bitcoin Trust Etf
New / Exited
12 / 8
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. 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
Portfolio Composition
By security type
- ETP · 56.5% · $149M
- Common Stock · 36.4% · $96M
- ADR · 3.3% · $9M
- Other · 2.8% · $7M
- MLP · 1.0% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| PLTRPALANTIR TECHNOLOGIES INC | NEW | +24.7K | 24.7K | +$2M | $2M |
| LRCXLAM RESEARCH CORP | NEW | +28.6K | 28.6K | +$2M | $2M |
| BRK/ABERKSHIRE HATHAWAY INC DEL | NEW | +1 | 1 | +$798,442 | $798,442 |
| SCHWAB STRATEGIC TR | NEW | +25.2K | 25.2K | +$498,377 | $498,377 |
| VANGUARD BD INDEX FDS | NEW | +6.2K | 6.2K | +$456,304 | $456,304 |
| ISHARES TR | NEW | +4.4K | 4.4K | +$258,199 | $258,199 |
| ETFS GOLD TR | NEW | +7.9K | 7.9K | +$234,259 | $234,259 |
| WORLD GOLD TR | NEW | +3.7K | 3.7K | +$231,345 | $231,345 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
45 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AMERICAN CENTY ETF TR | US SML CP VALU · AVANTIS ALL EQT | 9.83% | $26M | 324.7K |
| 2 | JANUS DETROIT STR TR | HENDRSON AAA CL · B-BBB CLO ETF | 7.92% | $21M | 418.7K |
| 3 | IBITISHARES BITCOIN TRUST ETFhistory → | SHS BEN INT | 7.56% | $20M | 427.1K |
| 4 | PROSHARES TR | ULTRAPRO QQQ | 7.00% | $19M | 323.0K |
| 5 | ISHARES TR | JPMORGAN USD EMG · BROAD USD HIGH · CORE INTL AGGR | 5.31% | $14M | 272.1K |
| 6 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 3.98% | $11M | 207.7K |
| 7 | NVDANVIDIA CORPORATIONhistory → | COM | 3.74% | $10M | 91.2K |
| 8 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 3.34% | $9M | 53.2K |
| 9 | VANECK ETF TRUST | MRNGSTR WDE MOAT · SEMICONDUCTR ETF | 2.24% | $6M | 54.3K |
| 10 | PIMCO ETF TR | 25YR+ ZERO U S | 2.21% | $6M | 81.5K |
| 11 | ASML HOLDING N V | N Y REGISTRY SHS | 2.00% | $5M | 8.0K |
| 12 | LLYELI LILLY & COhistory → | COM | 1.99% | $5M | 6.4K |
| 13 | MSFTMICROSOFT CORPhistory → | COM | 1.94% | $5M | 13.7K |
| 14 | METAMETA PLATFORMS INChistory → | CL A | 1.89% | $5M | 8.7K |
| 15 | FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 1.84% | $5M | 106.7K |
| 16 | PGRPROGRESSIVE CORPhistory → | COM | 1.62% | $4M | 15.2K |
| 17 | T ROWE PRICE ETF INC | CAP APPRECIATION | 1.58% | $4M | 129.1K |
| 18 | CGGOUSDCAPITAL GROUP GBL GROWTH EQThistory → | SHS CREATION UNI | 1.52% | $4M | 141.7K |
| 19 | GOOGLALPHABET INChistory → | CAP STK CL A | 1.50% | $4M | 25.7K |
| 20 | AMZNAMAZON COM INChistory → | COM | 1.28% | $3M | 17.7K |
| 21 | NOWSERVICENOW INChistory → | COM | 1.21% | $3M | 4.0K |
| 22 | UNHUNITEDHEALTH GROUP INChistory → | COM | 1.21% | $3M | 6.1K |
| 23 | AVGOBROADCOM INChistory → | COM | 1.20% | $3M | 19.0K |
| 24 | LNGCHENIERE ENERGY INChistory → | COM NEW | 1.12% | $3M | 12.8K |
| 25 | VEEVVEEVA SYS INChistory → | CL A COM | 1.04% | $3M | 11.9K |
| 26 | CRWDCROWDSTRIKE HLDGS INChistory → | CL A | 1.01% | $3M | 7.6K |
| 27 | CITCINTAS CORP | COM | 0.98% | $3M | 12.6K |
| 28 | EPDENTERPRISE PRODS PARTNERS L | COM | 0.96% | $3M | 74.3K |
| 29 | T7DTRANSDIGM GROUP INC | COM | 0.94% | $2M | 1.8K |
| 30 | SPDR S&P 500 ETF TR | TR UNIT | 0.89% | $2M | 4.2K |
| 31 | FERRARI N V | COM | 0.81% | $2M | 5.0K |
| 32 | PLTRPALANTIR TECHNOLOGIES INC | CL A | 0.79% | $2M | 24.7K |
| 33 | LRCXLAM RESEARCH CORP | COM NEW | 0.79% | $2M | 28.6K |
| 34 | CPRTCOPART INC | COM | 0.78% | $2M | 36.5K |
| 35 | COSTCOSTCO WHSL CORP NEW | COM | 0.77% | $2M | 2.2K |
| 36 | MLB1MERCADOLIBRE INC | COM | 0.75% | $2M | 1.0K |
| 37 | WCNWASTE CONNECTIONS INC | COM | 0.75% | $2M | 10.1K |
| 38 | PACER FDS TR | US CASH COWS 100 | 0.74% | $2M | 35.8K |
| 39 | CDNSCADENCE DESIGN SYSTEM INC | COM | 0.74% | $2M | 7.7K |
| 40 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.71% | $2M | 3.5K |
| 41 | ARESARES MANAGEMENT CORPORATION | CL A COM STK | 0.70% | $2M | 12.7K |
| 42 | ORLYOREILLY AUTOMOTIVE INC | COM | 0.70% | $2M | 1.3K |
| 43 | MPWRMONOLITHIC PWR SYS INC | COM | 0.68% | $2M | 3.1K |
| 44 | AAPLAPPLE INC | COM | 0.68% | $2M | 8.1K |
| 45 | IDXXIDEXX LABS INC | COM | 0.67% | $2M | 4.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $371M | 76 | May 4, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $368M | 81 | Jan 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $387M | 77 | Nov 3, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $383M | 81 | Jul 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $264M | 85 | Apr 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $292M | 81 | Jan 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $308M | 77 | Nov 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $274M | 72 | Aug 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $248M | 76 | Apr 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | Under review | 97 | Feb 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $242,026 | 113 | Nov 6, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $308,155 | 107 | Jul 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $297,106 | 88 | May 5, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 71 | Jan 30, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $196M | 56 | Nov 1, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $201M | 61 | Jul 22, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $239M | 73 | Apr 29, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $204M | 66 | Feb 3, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $206M | 64 | Oct 8, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $213M | 67 | Jul 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $183M | 79 | Apr 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $186M | 84 | Jan 26, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $150M | 84 | Oct 30, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $124M | 83 | Jul 7, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $75M | 68 | Apr 8, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $93M | 61 | Jan 14, 2020 | 13F-HR | changes · 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 ↗.