Q1 2026 13F · SEC CIK 1047859
Paragon Associates & Paragon Associates II Joint Venture
Venture capitalFiled 2026-05-15 for Q1 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $73.6M
- Reported positions
- 14
- Top holdings a year, 3 yrs
- +33.8%
- Average holding period
- 2.6 yrs
Paragon Associates & Paragon Associates II Joint Venture is a venture capital that reported 14 positions worth $73.6M in its Q1 2026 13F, filed 2026-05-15. Its largest holdings were Coeur Mng Inc (CDE, 16.6%), State Str Spdr S&p 500 ETF T (SPY, 13.3%), CareDx, Inc. (CDNA, 11.8%). A portfolio copying its top holdings returned 33.8% a year over the last 3 years, against 20.4% for the S&P 500.
Paragon Associates & Paragon Associates II Joint Venture holdings all 14 positions.
Weights are shares of the filer's total reported 13F value, compared with Q4 2025. 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.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| CDECoeur Mng Inc | 16.6% | — | $12.2M |
| SPYState Str Spdr S&p 500 ETF T | 13.3% | — | $9.8M |
| CDNACareDx, Inc. | 11.8% | +33.3% | $8.7M |
| DMACDiamedica Therapeutics Inc | 8.1% | +0.0% | $5.9M |
| NVGSNavigator Holdings PLC | 7.9% | +0.0% | $5.8M |
| NPKINpk International Inc | 7.4% | -6.3% | $5.4M |
| STKLSunopta Inc | 7.1% | +0.5% | $5.2M |
| AEMAgnico Eagle Mines Ltd | 6.9% | -49.9% | $5.1M |
| WESWestern Midstream Partners LP | 5.6% | — | $4.1M |
| EPSNEpsilon Energy Ltd | 5.4% | +0.0% | $4.0M |
| IAUXI-80 Gold Corp | 5.2% | +66.7% | $3.8M |
| PROFProfound Med Corp | 2.4% | — | $1.8M |
| IRIXIridex Corp | 1.4% | +0.0% | $1.0M |
| NEXMNexmetals Mining Corp. | 1.1% | — | $796K |
What Paragon Associates & Paragon Associates II Joint Venture bought and sold in Q1 2026, against Q4 2025.
New positions
- CDE Coeur Mng Inc16.6% of 13F
- SPY State Str Spdr S&p 500 ETF T13.3% of 13F
- WES Western Midstream Partners LP5.6% of 13F
- PROF Profound Med Corp2.4% of 13F
- NEXM Nexmetals Mining Corp.1.1% of 13F
Added to
- IAUX I-80 Gold Corp+66.7% shares
- CDNA CareDx, Inc.+33.3% shares
Reduced
- AEM Agnico Eagle Mines Ltd-49.9% shares
- NPKI Npk International Inc-6.3% shares
Sold out
- QQQ Invesco Qqq Trwas 12.7%
- BELFB Bel Fuse Inc. - Class B Common Stockwas 0.5%
- QTRX Quanterix Corpwas 0.3%
Share counts compared with the Q4 2025 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +59.8% /yr
- S&P 500 +20.1%
- 3 years
- +33.8% /yr
- S&P 500 +20.4%
- 5 years
- +20.0% /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.
| Quarter | 13F value | Positions |
|---|---|---|
| Q1 2026 | $73.6M | 14 |
| Q4 2025 | $48.4M | 12 |
| Q3 2025 | $56.1M | 12 |
| Q2 2025 | $63.0M | 15 |
| Q1 2025 | $42.7M | 13 |
| Q4 2024 | $43.2M | 12 |
| Q3 2024 | $55.7M | 16 |
| Q2 2024 | $40.9M | 11 |
| Q1 2024 | $56.1M | 16 |
| Q4 2023 | $43.6M | 15 |
| Q3 2023 | $30.5M | 10 |
| Q2 2023 | $48.9M | 13 |
Questions about Paragon Associates & Paragon Associates II Joint Venture's portfolio
What stocks does Paragon Associates & Paragon Associates II Joint Venture own?
Paragon Associates & Paragon Associates II Joint Venture's latest 13F, for Q1 2026 and filed May 15, 2026, lists 14 positions worth $73.6M. The largest are Coeur Mng Inc (CDE) at 16.6%, State Str Spdr S&p 500 ETF T (SPY) at 13.3%, CareDx, Inc. (CDNA) at 11.8%, Diamedica Therapeutics Inc (DMAC) at 8.1% and Navigator Holdings PLC (NVGS) at 7.9%.
What did Paragon Associates & Paragon Associates II Joint Venture buy last quarter?
In Q1 2026, Paragon Associates & Paragon Associates II Joint Venture added a new position in Coeur Mng Inc (CDE), a new position in State Str Spdr S&p 500 ETF T (SPY), a new position in Western Midstream Partners LP (WES), a new position in Profound Med Corp (PROF), a new position in Nexmetals Mining Corp. (NEXM), I-80 Gold Corp (IAUX) (+66.7% shares) and CareDx, Inc. (CDNA) (+33.3% shares), compared with its Q4 2025 filing.
What did Paragon Associates & Paragon Associates II Joint Venture sell last quarter?
In Q1 2026, Paragon Associates & Paragon Associates II Joint Venture sold all of Invesco Qqq Tr (QQQ), sold all of Bel Fuse Inc. - Class B Common Stock (BELFB), sold all of Quanterix Corp (QTRX), Agnico Eagle Mines Ltd (AEM) (-49.9% shares) and Npk International Inc (NPKI) (-6.3% shares), compared with its Q4 2025 filing.
How has Paragon Associates & Paragon Associates II Joint Venture's portfolio performed?
A portfolio copying Paragon Associates & Paragon Associates II Joint Venture's 20 largest 13F holdings each quarter, from the day each filing was public, returned +33.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +59.8% against +20.1%. Over 5 years: +20.0% a year against +11.6%.
When is Paragon Associates & Paragon Associates II Joint Venture's next 13F filing due?
13F filings are due 45 days after each quarter ends. Paragon Associates & Paragon Associates II Joint Venture's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.