13F HOLDINGS REPORT
Paragon Capital Management Ltd
Quarter ended Q3 2025 · Filed October 15, 2025 · Accession 0001569765-25-000005
Total Value
$531.6M
Positions
201
Other Managers
0
Confidential Omitted
No
Holdings (201)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD SPECIALIZED FUNDS | 921908844 | 311,885 | $67.3M | 12.66% |
| 2 | INVESCO EXCHANGE TRADED FD T | IVZ | 738,521 | $54.1M | 10.18% |
| 3 | COINBASE GLOBAL INC | COIN | 148,330 | $50.1M | 9.42% |
| 4 | AIRBNB INC | ABNB | 386,946 | $47.0M | 8.84% |
| 5 | MICROSOFT CORP | MSFT | 68,733 | $35.6M | 6.70% |
| 6 | ISHARES TR | 46434V456 | 607,130 | $26.8M | 5.05% |
| 7 | PACER FDS TR | 69374H881 | 424,713 | $24.4M | 4.59% |
| 8 | SALESFORCE INC | CRM | 75,581 | $17.9M | 3.37% |
| 9 | PINTEREST INC | PINS | 542,509 | $17.5M | 3.28% |
| 10 | 2023 ETF SERIES TRUST II | 90139K100 | 373,296 | $13.5M | 2.54% |
| 11 | DIGITALOCEAN HLDGS INC | DOCN | 374,789 | $12.8M | 2.41% |
| 12 | OKTA INC | OKTA | 124,200 | $11.4M | 2.14% |
| 13 | SPDR S&P 500 ETF TR | SPY | 12,779 | $8.5M | 1.60% |
| 14 | FRANKLIN TEMPLETON ETF TR | FGDL | 221,277 | $7.6M | 1.44% |
| 15 | WIDEOPENWEST INC | 96758W101 | 1,305,912 | $6.7M | 1.27% |
| 16 | VANGUARD INDEX FDS | 922908744 | 34,865 | $6.5M | 1.22% |
| 17 | LYFT INC | LYFT | 283,742 | $6.2M | 1.17% |
| 18 | ISHARES TR | 464287465 | 64,516 | $6.0M | 1.13% |
| 19 | PATHWARD FINANCIAL INC | CASH | 0 | $4.5M | 0.84% |
| 20 | VANGUARD WORLD FD | 921910733 | 36,117 | $4.3M | 0.80% |
| 21 | APPLE INC | AAPL | 14,423 | $3.7M | 0.69% |
| 22 | SAMSARA INC | IOT | 90,089 | $3.4M | 0.63% |
| 23 | PROSHARES TR | 74348A467 | 28,299 | $2.9M | 0.55% |
| 24 | VANGUARD MUN BD FDS | 922907746 | 53,484 | $2.7M | 0.50% |
| 25 | POET TECHNOLOGIES INC | POET | 476,700 | $2.6M | 0.50% |
| 26 | ROBLOX CORP | RBLX | 18,588 | $2.6M | 0.48% |
| 27 | AMERICAN CENTY ETF TR | 025072877 | 24,162 | $2.4M | 0.45% |
| 28 | ISHARES INC | 46434G822 | 27,110 | $2.2M | 0.41% |
| 29 | ORACLE CORP | ORCL-PD | 7,641 | $2.1M | 0.40% |
| 30 | ISHARES TR | 464288661 | 17,068 | $2.0M | 0.38% |
| 31 | VANGUARD MUN BD FDS | 922907738 | 17,447 | $1.8M | 0.33% |
| 32 | VANGUARD INDEX FDS | 922908611 | 8,371 | $1.7M | 0.33% |
| 33 | ABBVIE INC | ABBV | 6,770 | $1.6M | 0.29% |
| 34 | ISHARES TR | 46432F842 | 17,012 | $1.5M | 0.28% |
| 35 | VANGUARD WORLD FD | 921910725 | 20,517 | $1.4M | 0.27% |
| 36 | SPDR SERIES TRUST | 78464A300 | 15,982 | $1.4M | 0.27% |
| 37 | TEXAS INSTRS INC | 882508104 | 7,487 | $1.4M | 0.26% |
| 38 | PROCTER AND GAMBLE CO | 742718109 | 8,671 | $1.3M | 0.25% |
| 39 | ROBINHOOD MKTS INC | 770700102 | 9,129 | $1.3M | 0.25% |
| 40 | INTERNATIONAL BUSINESS MACHS | INTR | 4,606 | $1.3M | 0.24% |
| 41 | ASANA INC | ASAN | 94,152 | $1.3M | 0.24% |
| 42 | WALMART INC | WMT | 12,177 | $1.3M | 0.24% |
| 43 | BROOKFIELD RENEWABLE CORP | BEPC | 36,160 | $1.2M | 0.23% |
| 44 | VANGUARD INTL EQUITY INDEX F | 922042718 | 8,658 | $1.2M | 0.23% |
| 45 | DOORDASH INC | DASH | 4,390 | $1.2M | 0.22% |
| 46 | ENERGY TRANSFER L P | ET-PI | 68,724 | $1.2M | 0.22% |
| 47 | ELI LILLY & CO | LLY | 1,427 | $1.1M | 0.20% |
| 48 | SPDR S&P MIDCAP 400 ETF TR | MDY | 1,700 | $1.0M | 0.19% |
| 49 | VANGUARD TAX-MANAGED FDS | 921943858 | 16,267 | $974,766 | 0.18% |
| 50 | JPMORGAN CHASE & CO. | VYLD | 3,042 | $959,763 | 0.18% |
| 51 | ISHARES TR | 464287598 | 4,198 | $854,741 | 0.16% |
| 52 | NVIDIA CORPORATION | NVDA | 4,527 | $844,706 | 0.16% |
| 53 | HONEYWELL INTL INC | 438516106 | 3,979 | $837,580 | 0.16% |
| 54 | BROADCOM INC | AVGO | 2,434 | $803,039 | 0.15% |
| 55 | AMGEN INC | AMGN | 2,820 | $795,804 | 0.15% |
| 56 | AFFIRM HLDGS INC | AFRM | 10,770 | $787,072 | 0.15% |
| 57 | ABBOTT LABS | ABLZF | 5,503 | $737,116 | 0.14% |
| 58 | COMCAST CORP NEW | CCZ | 23,384 | $734,725 | 0.14% |
| 59 | INVESCO EXCH TRADED FD TR II | IVZ | 13,386 | $734,344 | 0.14% |
| 60 | CHEVRON CORP NEW | CVX | 4,620 | $717,470 | 0.13% |
| 61 | REDDIT INC | RDDT | 3,094 | $711,589 | 0.13% |
| 62 | CISCO SYS INC | CSCO | 9,870 | $675,331 | 0.13% |
| 63 | DOMINOS PIZZA INC | DPZ | 1,557 | $672,172 | 0.13% |
| 64 | PFIZER INC | PFE | 24,606 | $626,964 | 0.12% |
| 65 | SPDR GOLD TR | GLD | 1,664 | $591,502 | 0.11% |
| 66 | SSGA ACTIVE ETF TR | 78467V848 | 13,961 | $566,417 | 0.11% |
| 67 | JOHNSON & JOHNSON | JNJ | 2,975 | $551,689 | 0.10% |
| 68 | AMAZON COM INC | AMZN | 2,424 | $532,238 | 0.10% |
| 69 | NORTHROP GRUMMAN CORP | NOC | 858 | $522,797 | 0.10% |
| 70 | ILLINOIS TOOL WKS INC | 452308109 | 2,000 | $521,520 | 0.10% |
| 71 | COCA COLA CO | KO | 7,833 | $519,543 | 0.10% |
| 72 | DEVON ENERGY CORP NEW | 25179M103 | 14,810 | $519,252 | 0.10% |
| 73 | MOLSON COORS BEVERAGE CO | TAP-A | 11,271 | $510,035 | 0.10% |
| 74 | MCDONALDS CORP | MCD | 1,673 | $508,489 | 0.10% |
| 75 | VANGUARD INDEX FDS | 922908769 | 1,492 | $489,944 | 0.09% |
| 76 | VANGUARD INDEX FDS | 922908512 | 2,706 | $472,506 | 0.09% |
| 77 | ENTERPRISE PRODS PARTNERS L | 293792107 | 15,000 | $469,050 | 0.09% |
| 78 | MAPLEBEAR INC | CART | 12,740 | $468,322 | 0.09% |
| 79 | ISHARES TR | 46435U663 | 10,071 | $454,003 | 0.09% |
| 80 | ISHARES TR | 464287630 | 2,474 | $437,582 | 0.08% |
| 81 | FISERV INC | FISV | 3,200 | $412,576 | 0.08% |
| 82 | BROOKFIELD INFRASTRUCTURE CO | BIPC | 9,904 | $407,252 | 0.08% |
| 83 | MERCK & CO INC | MRK | 4,825 | $405,034 | 0.08% |
| 84 | ISHARES TR | 464287119 | 3,834 | $399,886 | 0.08% |
| 85 | PROSHARES TR | 74347B508 | 7,220 | $390,713 | 0.07% |
| 86 | EXXON MOBIL CORP | XOM | 3,449 | $388,922 | 0.07% |
| 87 | VANGUARD INDEX FDS | 922908363 | 628 | $384,767 | 0.07% |
| 88 | HEWLETT PACKARD ENTERPRISE C | HPE-PC | 15,561 | $382,180 | 0.07% |
| 89 | YUM BRANDS INC | YUM | 2,509 | $381,368 | 0.07% |
| 90 | DISNEY WALT CO | 254687106 | 3,315 | $379,660 | 0.07% |
| 91 | ISHARES TR | 464288638 | 6,894 | $372,896 | 0.07% |
| 92 | AMERICAN EXPRESS CO | AXP | 1,087 | $361,058 | 0.07% |
| 93 | SPDR INDEX SHS FDS | 78463X855 | 5,061 | $352,208 | 0.07% |
| 94 | SCHWAB STRATEGIC TR | 808524771 | 12,922 | $339,849 | 0.06% |
| 95 | HOME DEPOT INC | HD | 831 | $336,802 | 0.06% |
| 96 | INVESCO EXCH TRADED FD TR II | IVZ | 13,083 | $332,570 | 0.06% |
| 97 | INVESCO LTD | IVZ | 14,442 | $331,303 | 0.06% |
| 98 | VANGUARD WHITEHALL FDS | 921946810 | 3,653 | $327,264 | 0.06% |
| 99 | COLGATE PALMOLIVE CO | CL | 4,076 | $325,835 | 0.06% |
| 100 | KLA CORP | KLAC | 302 | $325,737 | 0.06% |
| 101 | INVESCO EXCHANGE TRADED FD T | IVZ | 4,459 | $321,599 | 0.06% |
| 102 | AMKOR TECHNOLOGY INC | AMKR | 11,140 | $316,396 | 0.06% |
| 103 | INVESCO EXCH TRADED FD TR II | IVZ | 5,086 | $311,136 | 0.06% |
| 104 | INVESCO EXCHANGE TRADED FD T | IVZ | 6,880 | $311,045 | 0.06% |
| 105 | LEVI STRAUSS & CO NEW | LEVI | 13,214 | $307,892 | 0.06% |
| 106 | MACYS INC | 55616P104 | 16,812 | $301,453 | 0.06% |
| 107 | ALPHABET INC | GOOG | 1,225 | $297,798 | 0.06% |
| 108 | PAGERDUTY INC | PD | 17,957 | $296,650 | 0.06% |
| 109 | SCHWAB STRATEGIC TR | 808524748 | 6,418 | $285,665 | 0.05% |
| 110 | BORGWARNER INC | BWA | 6,477 | $284,752 | 0.05% |
| 111 | SCHWAB STRATEGIC TR | 808524763 | 9,005 | $280,596 | 0.05% |
| 112 | ISHARES TR | 464287176 | 2,500 | $278,050 | 0.05% |
| 113 | ISHARES TR | 464287887 | 1,959 | $277,199 | 0.05% |
| 114 | ARCHER DANIELS MIDLAND CO | ADM | 4,620 | $276,005 | 0.05% |
| 115 | CITIZENS FINL GROUP INC | CIA | 5,151 | $273,840 | 0.05% |
| 116 | ISHARES TR | 464288224 | 17,654 | $273,293 | 0.05% |
| 117 | CENOVUS ENERGY INC | CVE | 16,073 | $273,080 | 0.05% |
| 118 | WELLS FARGO CO NEW | 949746101 | 3,256 | $272,918 | 0.05% |
| 119 | KILROY RLTY CORP | 49427F108 | 6,403 | $270,568 | 0.05% |
| 120 | INVESCO EXCHANGE TRADED FD T | IVZ | 1,421 | $269,701 | 0.05% |
| 121 | AUTOLIV INC | ALV | 2,181 | $269,422 | 0.05% |
| 122 | SCHWAB STRATEGIC TR | 808524607 | 9,626 | $268,565 | 0.05% |
| 123 | OSHKOSH CORP | OSK | 2,064 | $267,710 | 0.05% |
| 124 | SCHWAB STRATEGIC TR | 808524805 | 11,479 | $267,231 | 0.05% |
| 125 | NOBLE CORP PLC | NE-WT | 9,393 | $265,634 | 0.05% |
| 126 | CALIFORNIA RES CORP | CRC | 4,989 | $265,334 | 0.05% |
| 127 | POPULAR INC | BPOPM | 2,061 | $261,768 | 0.05% |
| 128 | CREDICORP LTD | BAP | 980 | $260,954 | 0.05% |
| 129 | MOSAIC CO NEW | MOS | 7,470 | $259,087 | 0.05% |
| 130 | S&P GLOBAL INC | SPGI | 532 | $258,930 | 0.05% |
| 131 | JANUS HENDERSON GROUP PLC | JHG | 5,794 | $257,932 | 0.05% |
| 132 | METLIFE INC | MET-PF | 3,118 | $256,865 | 0.05% |
| 133 | JACKSON FINANCIAL INC | JXN-PA | 2,535 | $256,646 | 0.05% |
| 134 | DELTA AIR LINES INC DEL | DAL | 4,522 | $256,644 | 0.05% |
| 135 | INVESCO EXCHANGE TRADED FD T | IVZ | 2,567 | $255,197 | 0.05% |
| 136 | TOLL BROTHERS INC | TOL | 1,838 | $254,009 | 0.05% |
| 137 | XP INC | XP | 13,474 | $253,176 | 0.05% |
| 138 | FIRST TR EXCHNG TRADED FD VI | 33740U505 | 5,075 | $249,893 | 0.05% |
| 139 | WEBSTER FINL CORP | 947890109 | 4,181 | $248,534 | 0.05% |
| 140 | REGIONS FINANCIAL CORP NEW | RF-PF | 9,368 | $247,052 | 0.05% |
| 141 | FRANKLIN RESOURCES INC | BEN | 10,667 | $246,733 | 0.05% |
| 142 | MURPHY OIL CORP | MUR | 8,657 | $245,959 | 0.05% |
| 143 | KEYCORP | 493267108 | 13,131 | $245,434 | 0.05% |
| 144 | VOYA FINANCIAL INC | VOYA-PB | 3,274 | $244,948 | 0.05% |
| 145 | LINCOLN NATL CORP IND | 534187109 | 6,022 | $242,881 | 0.05% |
| 146 | FEDERATED HERMES INC | FHI | 4,670 | $242,546 | 0.05% |
| 147 | RB GLOBAL INC | RBA | 2,232 | $241,860 | 0.05% |
| 148 | CADENCE BANK | 12740C103 | 6,440 | $241,758 | 0.05% |
| 149 | PHILLIPS 66 | PSX | 1,777 | $241,708 | 0.05% |
| 150 | BANK OZK LITTLE ROCK ARK | OZKAP | 4,726 | $240,978 | 0.05% |
| 151 | ZIONS BANCORPORATION N A | 989701107 | 4,245 | $240,227 | 0.05% |
| 152 | SELECT SECTOR SPDR TR | 81369Y209 | 1,723 | $239,790 | 0.05% |
| 153 | F N B CORP | 302520101 | 14,851 | $239,262 | 0.05% |
| 154 | HUNTINGTON BANCSHARES INC | HBANP | 13,845 | $239,113 | 0.04% |
| 155 | PEPSICO INC | PEP | 1,685 | $236,667 | 0.04% |
| 156 | ASSOCIATED BANC CORP | ASBA | 9,191 | $236,325 | 0.04% |
| 157 | ISHARES TR | 464287721 | 1,200 | $235,032 | 0.04% |
| 158 | COPA HOLDINGS SA | CPA | 1,971 | $234,194 | 0.04% |
| 159 | VALLEY NATL BANCORP | 919794107 | 21,785 | $230,930 | 0.04% |
| 160 | TRUIST FINL CORP | 89832Q109 | 5,022 | $229,620 | 0.04% |
| 161 | FIFTH THIRD BANCORP | FITBM | 5,112 | $227,740 | 0.04% |
| 162 | ISHARES INC | 46434G103 | 3,450 | $227,424 | 0.04% |
| 163 | LEAR CORP | LEA | 2,246 | $226,007 | 0.04% |
| 164 | STANLEY BLACK & DECKER INC | SWK | 3,040 | $225,987 | 0.04% |
| 165 | INTERPUBLIC GROUP COS INC | INTR | 8,032 | $224,195 | 0.04% |
| 166 | HOST HOTELS & RESORTS INC | HST | 13,135 | $223,558 | 0.04% |
| 167 | VIATRIS INC | VTRS | 22,512 | $222,875 | 0.04% |
| 168 | PVH CORPORATION | PVH | 2,659 | $222,755 | 0.04% |
| 169 | SYNOVUS FINL CORP | 87161C501 | 4,525 | $222,101 | 0.04% |
| 170 | GE AEROSPACE | 369604301 | 738 | $222,071 | 0.04% |
| 171 | COREBRIDGE FINL INC | 21871X109 | 6,910 | $221,490 | 0.04% |
| 172 | COLUMBIA BKG SYS INC | 197236102 | 8,568 | $220,564 | 0.04% |
| 173 | WILLIAMS SONOMA INC | WSM | 1,114 | $217,731 | 0.04% |
| 174 | EASTMAN CHEM CO | EMN | 3,443 | $217,081 | 0.04% |
| 175 | HALLIBURTON CO | HAL | 8,777 | $215,929 | 0.04% |
| 176 | COSTCO WHSL CORP NEW | 22160K105 | 232 | $214,812 | 0.04% |
| 177 | PENSKE AUTOMOTIVE GRP INC | 70959W103 | 1,228 | $213,706 | 0.04% |
| 178 | PERMIAN RESOURCES CORP | PR | 16,594 | $212,413 | 0.04% |
| 179 | AVNET INC | AVT | 4,062 | $212,366 | 0.04% |
| 180 | META PLATFORMS INC | META | 287 | $211,057 | 0.04% |
| 181 | APPLIED MATLS INC | 038222105 | 1,029 | $210,737 | 0.04% |
| 182 | FULTON FINL CORP PA | 360271100 | 11,290 | $210,333 | 0.04% |
| 183 | MATADOR RES CO | MTDR | 4,675 | $210,069 | 0.04% |
| 184 | MARRIOTT INTL INC NEW | 571903202 | 806 | $209,970 | 0.04% |
| 185 | GAP INC | GAP | 9,758 | $208,727 | 0.04% |
| 186 | ANNALY CAPITAL MANAGEMENT IN | NLY-PJ | 10,311 | $208,397 | 0.04% |
| 187 | VANGUARD CALIF TAX FREE FDS | 922021605 | 2,080 | $207,612 | 0.04% |
| 188 | SELECT SECTOR SPDR TR | 81369Y506 | 2,321 | $207,443 | 0.04% |
| 189 | CHORD ENERGY CORPORATION | CHRD | 2,077 | $206,458 | 0.04% |
| 190 | PULTE GROUP INC | 745867101 | 1,560 | $206,123 | 0.04% |
| 191 | ALLSTATE CORP | ALL-PJ | 953 | $204,587 | 0.04% |
| 192 | BEST BUY INC | BBY | 2,703 | $204,409 | 0.04% |
| 193 | CARDINAL HEALTH INC | CAH | 1,302 | $204,397 | 0.04% |
| 194 | AMERICAN CENTY ETF TR | 025072364 | 3,021 | $203,744 | 0.04% |
| 195 | FEDEX CORP | FDX | 850 | $200,467 | 0.04% |
| 196 | NOV INC | NOV | 15,116 | $200,288 | 0.04% |
| 197 | AGNC INVT CORP | 00123Q104 | 20,165 | $197,418 | 0.04% |
| 198 | ICAHN ENTERPRISES LP | IEP | 20,598 | $173,437 | 0.03% |
| 199 | VODAFONE GROUP PLC NEW | 92857W308 | 10,628 | $123,286 | 0.02% |
| 200 | ABRDN EMERGING MARKETS EX CH | AEF | 15,215 | $98,596 | 0.02% |
| 201 | CLARIVATE PLC | CLVT | 15,902 | $60,905 | 0.01% |