Paragon Advisors 13F annual report
Paragon Advisors is an investment fund managing more than $248 billion ran by David Hailey. There are currently 56 companies in Mr. Hailey’s portfolio. The largest investments include Proshares Tr and American Centy Etf Tr, together worth $88.8 billion.
$248 billion Assets Under Management (AUM)
As of 6th August 2024, Paragon Advisors’s top holding is 920,057 shares of Proshares Tr currently worth over $51.7 billion and making up 18.9% of the portfolio value.
In addition, the fund holds 496,745 shares of American Centy Etf Tr worth $37.1 billion.
The third-largest holding is Janus Detroit Str Tr worth $17.5 billion and the next is Ishares Bitcoin Tr worth $10.1 billion, with 295,933 shares owned.
Currently, Paragon Advisors's portfolio is worth at least $248 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 Advisors
The Paragon Advisors office and employees reside in College Station, Texas. According to the last 13-F report filed with the SEC, David Hailey serves as the Chief Compliance Officer at Paragon Advisors.
Recent trades
In the most recent 13F filing, Paragon Advisors revealed that it had opened a new position in
Ishares Bitcoin Tr and bought 295,933 shares worth $10.1 billion.
The investment fund also strengthened its position in American Centy Etf Tr by buying
18,944 additional shares.
This makes their stake in American Centy Etf Tr total 496,745 shares worth $37.1 billion.
On the other hand, there are companies that Paragon Advisors is getting rid of from its portfolio.
Paragon Advisors closed its position in BILL Inc on 13th August 2024.
It sold the previously owned 31,400 shares for $2.16 billion.
David Hailey also disclosed a decreased stake in Proshares Tr by approximately 0.1%.
This leaves the value of the investment at $51.7 billion and 920,057 shares.
One of the smaller hedge funds
The two most similar investment funds to Paragon Advisors are Weil and Curtis Advisory. They manage $274 billion and $274 billion respectively.
David Hailey investment strategy
Paragon Advisors’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 13.2% of
the total portfolio value.
The fund focuses on investments in the United States as
41.1% 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
43% of the total holdings value.
On the other hand, small-cap stocks make up only 1.8% of the portfolio.
The average market cap of the portfolio companies is close to $317 billion.
The complete list of Paragon Advisors trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Proshares Tr |
3.18%
920,057
|
$51,667,253,000 | 18.87% |
| American Centy Etf Tr |
3.96%
496,745
|
$37,098,908,000 | 13.55% |
| Janus Detroit Str Tr |
18.21%
348,437
|
$17,525,598,000 | 6.40% |
| Ishares Bitcoin Tr |
Opened
295,933
|
$10,103,153,000 | 3.69% |
| NVIDIA Corp |
981.79%
79,371
|
$9,805,520,000 | 3.58% |
| Taiwan Semiconductor Mfg Ltd |
11.21%
40,836
|
$7,097,746,000 | 2.59% |
| Asml Holding N V |
27.00%
6,716
|
$6,868,333,000 | 2.51% |
| Eli Lilly & Co |
82.34%
6,495
|
$5,880,804,000 | 2.15% |
| Microsoft Corporation |
0.66%
12,231
|
$5,466,753,000 | 2.00% |
| J P Morgan Exchange Traded F |
28.73%
107,424
|
$5,421,689,000 | 1.98% |
| Alphabet Inc |
17.09%
24,138
|
$4,396,713,000 | 1.61% |
| Amazon.com Inc. |
3.05%
22,392
|
$4,327,244,000 | 1.58% |
| ServiceNow Inc |
22.36%
5,351
|
$4,209,716,000 | 1.54% |
| Ishares Tr |
6.29%
230,072
|
$12,413,993,000 | 4.53% |
| Fidelity Merrimack Str Tr |
8.91%
85,983
|
$3,863,207,000 | 1.41% |
| Pimco Etf Tr |
20.29%
48,488
|
$3,640,973,000 | 1.33% |
| Meta Platforms Inc |
2.32%
7,089
|
$3,574,240,000 | 1.31% |
| Unitedhealth Group Inc |
1.60%
6,805
|
$3,465,534,000 | 1.27% |
| Progressive Corp. |
83.62%
16,214
|
$3,367,827,000 | 1.23% |
| Broadcom Inc |
11.33%
2,053
|
$3,296,153,000 | 1.20% |
| Cheniere Energy Inc. |
21.14%
18,838
|
$3,293,447,000 | 1.20% |
| Thermo Fisher Scientific Inc. |
10.60%
5,699
|
$3,151,756,000 | 1.15% |
| Veeva Sys Inc |
27.96%
17,148
|
$3,138,312,000 | 1.15% |
| T Rowe Price Etf Inc |
23.05%
99,371
|
$3,121,230,000 | 1.14% |
| Capital Group Gbl Growth Eqt |
16.21%
105,083
|
$3,093,630,000 | 1.13% |
| Crowdstrike Holdings Inc |
12.25%
7,810
|
$2,992,804,000 | 1.09% |
| VanEck ETF Trust |
17.07%
40,621
|
$4,646,240,000 | 1.70% |
| Vanguard World Fd |
7.28%
32,162
|
$2,361,012,000 | 0.86% |
| Lam Research Corp. |
0.23%
2,183
|
$2,324,414,000 | 0.85% |
| Old Dominion Freight Line In |
46.73%
12,644
|
$2,232,989,000 | 0.82% |
| Cintas Corporation |
5.44%
3,179
|
$2,226,355,000 | 0.81% |
| West Pharmaceutical Svsc Inc |
47.65%
6,668
|
$2,196,373,000 | 0.80% |
| BILL Holdings Inc |
Closed
31,400
|
$2,157,782,000 | |
| Copart, Inc. |
23.26%
39,276
|
$2,127,188,000 | 0.78% |
| Tesla Inc |
3.31%
10,705
|
$2,118,267,000 | 0.77% |
| Costco Whsl Corp New |
4.98%
2,467
|
$2,097,086,000 | 0.77% |
| Waste Connections Inc |
22.41%
11,892
|
$2,085,381,000 | 0.76% |
| Gallagher Arthur J Co |
Closed
8,240
|
$2,060,330,000 | |
| Adobe Inc |
Closed
4,020
|
$2,028,611,000 | |
| Cadence Design System Inc |
4.40%
6,424
|
$1,976,986,000 | 0.72% |
| Transdigm Group Incorporated |
5.68%
1,525
|
$1,948,355,000 | 0.71% |
| MercadoLibre Inc |
6.73%
1,174
|
$1,929,951,000 | 0.70% |
| Idexx Labs Inc |
15.05%
3,961
|
$1,929,564,000 | 0.70% |
| Builders Firstsource Inc |
28.78%
13,716
|
$1,898,432,000 | 0.69% |
| Rxsight Inc |
Opened
30,464
|
$1,833,019,000 | 0.67% |
| Ares Management Corp |
Opened
13,652
|
$1,819,539,000 | 0.66% |
| Oreilly Automotive Inc |
40.91%
1,705
|
$1,800,284,000 | 0.66% |
| Ferrari N.V. |
25.92%
4,246
|
$1,733,939,000 | 0.63% |
| Tractor Supply Co. |
Closed
6,424
|
$1,681,289,000 | |
| Monolithic Pwr Sys Inc |
Opened
2,037
|
$1,673,762,000 | 0.61% |
| HCA Healthcare Inc |
Closed
4,980
|
$1,660,979,000 | |
| Novo-nordisk A S |
Closed
12,341
|
$1,584,584,000 | |
| Pacer Fds Tr |
4.51%
26,662
|
$1,452,810,000 | 0.53% |
| Apple Inc |
62.83%
6,758
|
$1,423,433,000 | 0.52% |
| Wingstop Inc |
22.90%
3,343
|
$1,412,952,000 | 0.52% |
| Rollins, Inc. |
Closed
28,933
|
$1,338,716,000 | |
| Vanguard Intl Equity Index F |
7.79%
7,341
|
$826,828,000 | 0.30% |
| Exxon Mobil Corp. |
26.01%
6,293
|
$724,452,000 | 0.26% |
| Sherwin-Williams Co. |
Opened
2,364
|
$705,489,000 | 0.26% |
| Westrock Coffee Co |
49.64%
60,866
|
$622,659,000 | 0.23% |
| Abrdn Gold Etf Trust |
Closed
16,439
|
$349,161,000 | |
| Vanguard Index Fds |
Closed
980
|
$337,191,000 | |
| Vanguard Index Fds |
3.20%
2,997
|
$846,223,000 | 0.31% |
| First Finl Bankshares Inc |
4.76%
11,136
|
$328,849,000 | 0.12% |
| Spdr S&p 500 Etf Tr |
59.26%
416
|
$226,396,000 | 0.08% |
| Vanguard Intl Equity Index F |
Closed
3,588
|
$210,425,000 | |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
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