Q3 2026 13F · SEC CIK 1569765

Paragon Capital Management Ltd

Wealth managerFiled 2026-10-09 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $543.5M
Reported positions: 207
Top holdings a year, 3 yrs: +15.6%
Assets under management: $1.3B

Paragon Capital Management Ltd is a wealth manager that reported 207 positions worth $543.5M in its Q3 2026 13F, filed 2026-10-09. Its largest holdings were Vanguard Specialized Funds (VIG, 12.4%), Invesco Exchange Traded Fd T (SPHQ, 10.7%), Airbnb Inc (ABNB, 9.9%). A portfolio copying its top holdings returned 15.6% a year over the last 3 years, against 20.4% for the S&P 500.

Paragon Capital Management Ltd holdings largest 50 of 207 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Paragon Capital Management Ltd 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
VIGVanguard Specialized Funds	12.4%	13.2%	289,619	-1.9%	$67.6M
SPHQInvesco Exchange Traded Fd T	10.7%	11.9%	693,911	-0.7%	$58.3M
ABNBAirbnb Inc	9.9%	9.8%	336,481	-7.4%	$54.1M
DOCNDigitalocean Hldgs Inc	6.3%	7.6%	255,766	+0.0%	$34.1M
MSFTMicrosoft Corp	5.3%	4.0%	56,014	-0.9%	$28.7M
COWZPacer Fds Tr	5.0%	4.8%	410,799	+0.1%	$27.4M
IQLTIshares Tr	4.9%	5.0%	536,289	+0.1%	$26.5M
OKTAOkta Inc	4.8%	3.2%	124,200	+0.0%	$26.0M
COINCoinbase Global Inc	3.8%	3.0%	109,786	+0.0%	$20.5M
QLTYGmo ETF Trust	3.3%	3.2%	416,435	+3.4%	$17.8M
CRMSalesforce Inc	2.2%	1.5%	52,139	+0.0%	$12.0M
FLJPFranklin Templeton ETF Tr	1.7%	1.7%	223,473	+0.4%	$9.3M
PINSPinterest Inc	1.7%	1.9%	481,906	+0.0%	$9.1M
SPYState Str Spdr S&p 500 ETF T	1.6%	1.7%	11,761	-2.5%	$9.0M
VTVVanguard Index Fds	1.5%	1.6%	38,804	+2.5%	$8.4M
ESGVVanguard World Fd	1.3%	1.3%	52,844	+0.2%	$7.2M
EFAIshares Tr	1.2%	1.3%	64,264	-0.0%	$6.7M
VTEIVanguard Mun Bd Fds	1.1%	0.3%	61,371	+274.9%	$5.9M
CASHPathward Financial Inc	1.0%	0.4%	0	—	$5.7M
AAPLApple Inc	0.8%	0.7%	12,945	-2.2%	$4.3M
LYFTLyft Inc	0.8%	0.8%	283,742	+0.0%	$4.3M
SLYVSpdr Series Trust	0.7%	0.7%	34,892	-0.0%	$3.6M
VSGXVanguard World Fd	0.6%	0.6%	39,440	+0.6%	$3.2M
IOTSamsara Inc.	0.6%	0.5%	83,389	+0.0%	$3.2M
VTEBVanguard Mun Bd Fds	0.6%	0.5%	63,743	+23.1%	$3.0M
AVUVAmerican Centy ETF Tr	0.6%	0.6%	25,591	-0.0%	$3.0M
POETPoet Technologies Inc	0.5%	0.7%	371,220	+0.0%	$2.8M
VOEVanguard Index Fds	0.4%	0.4%	12,072	+0.9%	$2.4M
EWJIshares Inc	0.4%	0.4%	23,124	-6.9%	$2.3M
TXNTexas Instrs Inc	0.4%	0.4%	7,506	-0.3%	$2.1M
VBRVanguard Index Fds	0.3%	0.4%	7,986	-3.4%	$1.8M
IEFAIshares Tr	0.3%	0.3%	16,896	-0.7%	$1.6M
ABBVAbbvie Inc	0.3%	0.3%	6,247	-2.1%	$1.6M
NOBLProshares Tr	0.3%	0.3%	27,046	-12.9%	$1.5M
ETPCEnergy Transfer L P	0.3%	0.2%	68,724	+0.0%	$1.4M
VSSVanguard Intl Equity Index F	0.2%	0.3%	8,658	+0.0%	$1.3M
LLYEli Lilly & Co	0.2%	0.3%	1,085	-10.6%	$1.3M
WMTWalmart Inc	0.2%	0.3%	12,081	+0.0%	$1.3M
PGProcter & Gamble Co	0.2%	0.2%	8,381	+0.0%	$1.2M
VEAVanguard Ftse Developed Markets Index Fu	0.2%	0.2%	16,326	+1.1%	$1.2M
INFQInfleqtion Inc	0.2%	0.2%	84,580	-10.1%	$1.1M
AMGNAmgen Inc	0.2%	0.2%	2,600	-0.8%	$1.1M
HOODRobinhood Mkts Inc	0.2%	—	9,129	—	$1.0M
IBMInternational Business Machs	0.2%	0.3%	4,655	-1.2%	$1.0M
BEPCBrookfield Renewable Corp Cl A Ex Sub Vt	0.2%	0.2%	35,437	+9.6%	$1.0M
MDYState Str Spdr S&p Midcap 40	0.2%	0.2%	1,486	-1.7%	$976K
ORCLOracle Corp	0.2%	0.2%	7,084	-1.5%	$973K
JPMJpmorgan Chase & Co	0.2%	0.2%	2,856	-4.2%	$945K
CSCOCisco Sys Inc	0.2%	0.2%	8,705	-0.3%	$937K
IWDIshares Tr	0.2%	—	3,705	—	$919K

What Paragon Capital Management Ltd bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +13.0% /yr; S&P 500 +20.1%
3 years: +15.6% /yr; S&P 500 +20.4%
5 years: +1.7% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$543.5M	207
Q2 2026	$528.0M	223
Q1 2026	$476.0M	199
Q4 2025	$502.4M	195
Q3 2025	$531.6M	201
Q2 2025	$551.7M	214
Q1 2025	$488.2M	197
Q4 2024	$501.3M	187
Q3 2024	$510.1M	205
Q2 2024	$544.8M	202
Q1 2024	$564.8M	194
Q4 2023	$489.1M	170

Questions about Paragon Capital Management Ltd's portfolio

What stocks does Paragon Capital Management Ltd own?

Paragon Capital Management Ltd's latest 13F, for Q3 2026 and filed Oct 9, 2026, lists 207 positions worth $543.5M. The largest are Vanguard Specialized Funds (VIG) at 12.4%, Invesco Exchange Traded Fd T (SPHQ) at 10.7%, Airbnb Inc (ABNB) at 9.9%, Digitalocean Hldgs Inc (DOCN) at 6.3% and Microsoft Corp (MSFT) at 5.3%.

What did Paragon Capital Management Ltd buy last quarter?

In Q3 2026, Paragon Capital Management Ltd added Vanguard Mun Bd Fds (VTEI) (+274.9% shares), Vanguard Mun Bd Fds (VTEB) (+23.1% shares) and Brookfield Renewable Corp Cl A Ex Sub Vt (BEPC) (+9.6% shares), compared with its Q2 2026 filing.

What did Paragon Capital Management Ltd sell last quarter?

In Q3 2026, Paragon Capital Management Ltd cut from its top 50 Ishares Tr (IEI), cut from its top 50 Roblox Corp (RBLX), Proshares Tr (NOBL) (-12.9% shares), Eli Lilly & Co (LLY) (-10.6% shares) and Infleqtion Inc (INFQ) (-10.1% shares), compared with its Q2 2026 filing.

How has Paragon Capital Management Ltd's portfolio performed?

A portfolio copying Paragon Capital Management Ltd's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +13.0% against +20.1%. Over 5 years: +1.7% a year against +11.6%.

When is Paragon Capital Management Ltd's next 13F filing due?

13F filings are due 45 days after each quarter ends. Paragon Capital Management Ltd's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Paragon Capital Management Ltd manage?

Paragon Capital Management Ltd reported $1.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $543.5M.