Paragon Advisors, LLC

Q4 2025 13F-HR Holdings

Location
College Station, TX
Holdings as of
12/31/2025
Date filed
1/12/2026
Form type
13F-HR
Num holdings
81
Total value ($000)
$368,086
Net value change ($000)
-18,886 (-4.9%)
New positions
7
Sold out positions
3
Turnover %
27.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/3/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
QQQM 68,199 NEW
BTC 25,913 NEW
AVGO 9,771 132.6%
GOOGL 2,876 60.6%
IXP 2,614 NEW
IGV 2,583 NEW
LLY 1,828 50.9%
APH 1,738 75.2%
NVDA 1,410 10.3%
CGGO 1,291 26.8%
Top Reduces (Value $000, Stocks/ETFs)
QQQ -61,916 -81.7%
JPST -45,371 -98.1%
IBIT -25,461 -79.4%
AVUV -2,631 -48.0%
AVDV -1,752 -46.5%
AVGE -1,392 -20.5%
SMH -895 -21.4%
JMST -763 -100.0%
SPY -736 -71.2%
COWZ -698 -27.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type