Q2 2026 13F · SEC CIK 1388437

Paragon Capital Management LLC

Wealth managerFiled 2026-08-05 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $216.1M
Reported positions: 60
Top holdings a year, 3 yrs: +16.2%
Assets under management: $1.3B

Paragon Capital Management LLC is a wealth manager that reported 60 positions worth $216.1M in its Q2 2026 13F, filed 2026-08-05. Its largest holdings were Apple Inc (AAPL, 10.6%), Ishares Russell 1000 ETF (IWB, 10.1%), Caseys Gen Stores Inc (CASY, 7.7%). A portfolio copying its top holdings returned 16.2% a year over the last 3 years, against 20.4% for the S&P 500.

Paragon Capital Management LLC holdings largest 50 of 60 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 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 LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
AAPLApple Inc	10.6%	10.1%	79,009	-1.5%	$22.9M
IWBIshares Russell 1000 ETF	10.1%	9.6%	53,446	-1.6%	$21.9M
CASYCaseys Gen Stores Inc	7.7%	7.7%	20,935	-1.5%	$16.6M
MSFTMicrosoft Corp	6.5%	6.9%	37,515	-0.7%	$14.0M
COSTCostco Whsl Corp New	6.3%	7.2%	14,480	-0.3%	$13.5M
CSCOCisco Sys Inc	4.7%	3.3%	85,599	-1.6%	$10.1M
AMZNAmazon Com Inc Com	4.6%	4.3%	41,390	-1.0%	$9.9M
JNJJohnson & Johnson	3.8%	3.9%	32,155	-1.3%	$8.2M
COPConocophillips	3.4%	4.7%	70,700	-2.1%	$7.3M
INTCIntel Corp	3.1%	1.1%	47,968	-3.2%	$6.7M
MCDMcdonalds Corp Com	2.9%	3.5%	23,054	+0.4%	$6.2M
FDXFedex Corp	2.7%	3.3%	18,585	-1.2%	$5.8M
TJXTjx Cos Inc New Com	2.7%	3.0%	37,960	-1.4%	$5.8M
JJacobs Solutions Inc	2.3%	2.5%	39,358	-0.3%	$5.0M
IBMInternational Business Machs	1.9%	1.8%	14,930	-0.7%	$4.2M
GOOGAlphabet Inc	1.9%	1.7%	11,882	-0.8%	$4.2M
WMTWalmart Inc	1.7%	2.0%	32,883	-0.8%	$3.7M
NVDANvidia Corporation Com	1.4%	1.4%	15,646	-0.6%	$3.1M
CATCaterpillar Inc Com	1.4%	1.0%	2,816	+0.0%	$3.0M
VVisa Inc Com Cl A	1.3%	1.2%	8,094	+1.0%	$2.8M
CVXChevron Corp New	1.3%	1.7%	16,619	-2.3%	$2.8M
UMBFUmb Finl Corp	1.3%	1.1%	19,272	+0.0%	$2.8M
STELStellar Bancorp Inc	1.2%	1.2%	65,848	+0.0%	$2.6M
IWMIshares	1.2%	1.1%	8,482	-1.6%	$2.5M
CBSHCommerce Bancshares Incorporated	1.2%	1.1%	43,100	-0.1%	$2.5M
PSXPhillips 66	1.0%	1.2%	13,327	+0.7%	$2.3M
UNHUnitedhealth Group Inc Com	1.0%	0.7%	5,159	+0.0%	$2.1M
CCitigroup Inc Com New	1.0%	0.9%	15,302	-1.0%	$2.1M
NKENike Inc Cl B	1.0%	1.3%	51,046	+0.1%	$2.1M
BRK-BBerkshire Hathaway Inc Del	0.9%	0.9%	3,946	+2.7%	$2.0M
HDHome Depot Inc Com	0.7%	0.7%	4,251	+1.3%	$1.5M
FDXFFedex Fght Hldg Co Inc	0.6%	—	9,269	—	$1.4M
BACBank of Amer Corp	0.6%	0.6%	24,348	-1.5%	$1.4M
DVNDevon Energy Corp	0.6%	0.8%	31,244	-0.2%	$1.3M
BMYBristol-Myers Squibb Co Com	0.4%	0.5%	15,972	-1.8%	$920K
XOPSpdr Series Trust	0.4%	0.5%	5,772	+0.0%	$890K
AMTMAmentum Hldgs Inc	0.4%	0.6%	42,651	-1.2%	$882K
GOOGLAlphabet Inc	0.4%	0.3%	2,336	-3.2%	$835K
GSEWGoldman Sachs Equal Weight U.s. Large Ca	0.4%	0.3%	8,492	+2.2%	$802K
AVGOBroadcom Inc	0.3%	0.2%	1,599	+0.0%	$604K
RTXRtx Corporation Com	0.3%	0.3%	3,148	+0.0%	$597K
XLKState Street Technology Select Sector Sp	0.3%	0.2%	3,006	-6.8%	$573K
UNPUnion Pac Corp	0.3%	0.2%	1,983	-0.7%	$539K
BABoeing Co	0.2%	0.2%	2,165	+0.0%	$469K
ADBEAdobe Inc	0.2%	0.3%	2,229	-1.2%	$457K
VBVanguard Indx Fd	0.2%	0.2%	1,505	+0.1%	$456K
NEENextera Energy Inc Com	0.2%	0.2%	4,560	-1.0%	$400K
SHELShell PLC	0.2%	0.2%	4,438	-10.1%	$344K
JPMJpmorgan Chase & Co	0.2%	—	1,022	—	$335K
TAt&t Inc Com	0.1%	0.2%	15,548	+1.2%	$322K

What Paragon Capital Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

No position grew by more than 5%.

Reduced

SHEL Shell PLC-10.1% shares
XLK State Street Technology Select Sector Sp-6.8% shares

Left the top 50

XOM Exxon Mobil Corpwas 0.8%
MDY State Street Spdr S&p Midcap 400 ETF Truwas 0.2%

Share counts compared with the Q1 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: +19.7% /yr; S&P 500 +20.1%
3 years: +16.2% /yr; S&P 500 +20.4%
5 years: +10.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 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
Q2 2026	$216.1M	60
Q1 2026	$202.0M	57
Q4 2025	$197.4M	59
Q3 2025	$207.1M	58
Q2 2025	$194.7M	58
Q1 2025	$174.8M	50
Q4 2024	$186.6M	53
Q3 2024	$193.3M	60
Q2 2024	$185.3M	52
Q1 2024	$185.6M	53
Q4 2023	$176.2M	52
Q3 2023	$170.0M	55

Questions about Paragon Capital Management LLC's portfolio

What stocks does Paragon Capital Management LLC own?

Paragon Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 5, 2026, lists 60 positions worth $216.1M. The largest are Apple Inc (AAPL) at 10.6%, Ishares Russell 1000 ETF (IWB) at 10.1%, Caseys Gen Stores Inc (CASY) at 7.7%, Microsoft Corp (MSFT) at 6.5% and Costco Whsl Corp New (COST) at 6.3%.

What did Paragon Capital Management LLC buy last quarter?

Paragon Capital Management LLC opened no new positions and grew none by more than 5% among its largest holdings in Q2 2026.

What did Paragon Capital Management LLC sell last quarter?

In Q2 2026, Paragon Capital Management LLC cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 State Street Spdr S&p Midcap 400 ETF Tru (MDY), Shell PLC (SHEL) (-10.1% shares) and State Street Technology Select Sector Sp (XLK) (-6.8% shares), compared with its Q1 2026 filing.

How has Paragon Capital Management LLC's portfolio performed?

A portfolio copying Paragon Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +19.7% against +20.1%. Over 5 years: +10.1% a year against +11.6%.

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

13F filings are due 45 days after each quarter ends. Paragon Capital Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Paragon Capital Management LLC manage?

Paragon Capital Management LLC 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 $216.1M.