Paragon Wealth Strategies 13F annual report
Paragon Wealth Strategies is an investment fund managing more than $363 billion ran by Michelle Ash. There are currently 40 companies in Mrs. Ash’s portfolio. The largest investments include Vanguard S&p 500 Etf and Dimensional International Value, together worth $89.6 billion.
$363 billion Assets Under Management (AUM)
As of 27th December 2023, Paragon Wealth Strategies’s top holding is 106,649 shares of Vanguard S&p 500 Etf currently worth over $46.6 billion and making up 12.8% of the portfolio value.
In addition, the fund holds 1,252,443 shares of Dimensional International Value worth $43 billion, whose value grew 3.5% in the past six months.
The third-largest holding is Dimensional U.s. Core Equity 2 Etf worth $42.3 billion and the next is Ishares Russell 1000 Growth Etf worth $37.6 billion, with 124,186 shares owned.
Currently, Paragon Wealth Strategies's portfolio is worth at least $363 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Paragon Wealth Strategies
The Paragon Wealth Strategies office and employees reside in Jacksonville, Florida. According to the last 13-F report filed with the SEC, Michelle Ash serves as the Chief Compliance Officer at Paragon Wealth Strategies.
Recent trades
In the most recent 13F filing, Paragon Wealth Strategies revealed that it had opened a new position in
Dimensional International Value and bought 1,252,443 shares worth $43 billion.
This means they effectively own approximately 0.1% of the company.
Dimensional International Value makes up
100.0%
of the fund's Miscellaneous sector allocation and has grown its share price by 11.7% in the past year.
The investment fund also strengthened its position in Vanguard S&p 500 Etf by buying
104,713 additional shares.
This makes their stake in Vanguard S&p 500 Etf total 106,649 shares worth $46.6 billion.
On the other hand, there are companies that Paragon Wealth Strategies is getting rid of from its portfolio.
Paragon Wealth Strategies closed its position in Spdr S&p 500 Etf Trust on 3rd January 2024.
It sold the previously owned 97,238 shares for $41.6 billion.
Michelle Ash also disclosed a decreased stake in Ishares Russell 1000 Growth Etf by 0.2%.
This leaves the value of the investment at $37.6 billion and 124,186 shares.
One of the average hedge funds
The two most similar investment funds to Paragon Wealth Strategies are Legacy Capital Wealth Partners and Cubic Asset Management. They manage $363 billion and $363 billion respectively.
Michelle Ash investment strategy
Paragon Wealth Strategies’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Miscellaneous — making up 11.8% of
the total portfolio value.
The fund focuses on investments in the United States as
30.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
28% of the total holdings value.
On the other hand, small-cap stocks make up only 2.5% of the portfolio.
The average market cap of the portfolio companies is close to $447 billion.
The complete list of Paragon Wealth Strategies trades based on 13F SEC filings
These positions were updated on January 3rd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Vanguard S&p 500 Etf |
5,408.73%
106,649
|
$46,584,281,000 | 12.82% |
| Dimensional International Value |
Opened
1,252,443
|
$43,033,947,000 | 11.85% |
| Dimensional U.s. Core Equity 2 Etf |
Opened
1,448,051
|
$42,326,531,000 | 11.65% |
| Spdr S&p 500 Etf Trust |
Closed
97,238
|
$41,567,470,000 | |
| Schwab Fundamental International Large Co. Index Etf |
Closed
1,280,283
|
$40,546,556,000 | |
| Ishares Russell 1000 Growth Etf |
18.64%
124,186
|
$37,649,354,000 | 10.36% |
| Powershares Qqq Tr |
19.02%
90,750
|
$37,163,783,000 | 10.23% |
| Pacer Us Small Cap Cash Cows 100 Etf |
1.14%
661,236
|
$31,759,185,000 | 8.74% |
| Dimensional Us High Profitability Etf |
Opened
1,072,575
|
$30,686,361,000 | 8.45% |
| Dimensional Us Marketwide Value Etf |
Opened
773,935
|
$28,805,844,000 | 7.93% |
| Pacer Us Cash Cows 100 Etf |
Closed
575,018
|
$28,423,117,000 | |
| Invesco S&p 500 Pure Value Etf |
Closed
358,011
|
$26,342,471,000 | |
| NEOS ETF Trust |
3.68%
347,387
|
$17,343,275,000 | 4.77% |
| Ishares Investment Grade Bond Factor Etf |
0.54%
262,867
|
$11,893,405,000 | 3.27% |
| Ishares 20 Yr Treasury Etf |
1.82%
119,598
|
$11,825,846,000 | 3.26% |
| Apple Inc |
1.03%
47,818
|
$9,206,339,000 | 2.53% |
| Prospect Cap Corp Com |
Closed
593,101
|
$3,588,258,000 | |
| Berkshire Hathaway Inc Del Cl B New |
No change
6,332
|
$2,258,247,000 | 0.62% |
| Microsoft Corporation |
No change
4,559
|
$1,714,369,000 | 0.47% |
| Berkshire Hathaway Inc. |
No change
3
|
$1,627,875,000 | 0.45% |
| First Solar Inc |
No change
5,035
|
$867,430,000 | 0.24% |
| Johnson & Johnson Com |
5.89%
4,907
|
$769,162,000 | 0.21% |
| Tesla Motors Inc |
0.49%
2,659
|
$660,598,000 | 0.18% |
| Home Depot, Inc. |
0.50%
1,789
|
$620,085,000 | 0.17% |
| Alphabet Inc Cap Stk Cl C |
No change
4,100
|
$577,813,000 | 0.16% |
| Vertex Pharmaceuticals, Inc. |
No change
1,313
|
$534,247,000 | 0.15% |
| Costco Wholesale Corp |
0.15%
680
|
$448,865,000 | 0.12% |
| Lowes Cos Inc Com |
No change
2,000
|
$445,100,000 | 0.12% |
| Global X U.s. Infrastructure Development Etf |
97.17%
12,580
|
$433,492,000 | 0.12% |
| NVIDIA Corp |
1.33%
763
|
$377,805,000 | 0.10% |
| Calamos Dynamic Conv & Income Com |
0.68%
18,311
|
$362,189,000 | 0.10% |
| CSX Corp. |
No change
10,344
|
$358,638,000 | 0.10% |
| Amazon.com Inc. |
No change
1,956
|
$297,195,000 | 0.08% |
| Vanguard Growth Etf |
Closed
970
|
$264,272,000 | |
| Schwab U.s. Small-cap Etf |
7.57%
5,458
|
$257,858,000 | 0.07% |
| Ishares Amt-free Muni Bond Etf |
0.93%
2,376
|
$257,620,000 | 0.07% |
| Netflix Com Inc |
Opened
525
|
$255,612,000 | 0.07% |
| Reaves Util Income Fd Com Sh Ben Int |
0.49%
9,304
|
$248,795,000 | 0.07% |
| Exxon Mobil Corp Com |
0.57%
2,290
|
$228,958,000 | 0.06% |
| Starbucks Corp. |
0.04%
2,350
|
$225,586,000 | 0.06% |
| Schwab U.s. Large-cap Growth Etf |
Opened
2,671
|
$221,567,000 | 0.06% |
| Vanguard Value Etf |
Opened
1,479
|
$221,068,000 | 0.06% |
| Eli Lilly & Co Com |
Opened
378
|
$220,562,000 | 0.06% |
| Ishares Tr Goldman Sachs Semiconductor |
98.68%
349
|
$200,809,000 | 0.06% |
| Mainstay Mackay Definedterm Mu Com |
No change
11,158
|
$181,314,000 | 0.05% |
| Helix Energy Solutions Grp Inc Com |
No change
10,000
|
$102,800,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 46 holdings | |||
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