PARAGON ASSOCIATES & PARAGON ASSOCIATES II JOINT VENTURE

CIK

1047859

Location

DALLAS, TX

Portfolio Value

Micro $73,593,448

Diversification

Diversified

Filing Date

Global Rank

#5,923 / 8,232 ▲ 859

Top Industry

Gold 33.0%

3Y Alpha vs SPY

+6.8%

Period ended 2 months ago

Filed May 15, 2026 · 30d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+108.5%

SPY

+76.3%

Annualised alpha

+6.9%

Max drawdown

−15.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

14 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

16.6%

−1.0 pts

Top 5

57.6%

−12.7 pts

Top 10

90.0%

−9.7 pts

HHI

965

Diversified−251

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Basic Materials	29.7%	$21,871,231	4
Healthcare	23.6%	$17,402,236	4
Energy	18.9%	$13,920,000	3
Unclassified	13.3%	$9,755,100	1
Industrials	7.4%	$5,433,750	1
Consumer Defensive	7.1%	$5,211,131	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
IAUX	i-80 Gold Corp.	+1,000,000	2,500,000	$3,800,000
CDNA	CareDx, Inc.	+125,000	500,000	$8,680,000
STKL	SunOpta Inc.	+4,187	804,187	$5,211,131
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
NPKI	NPK International Inc.	−25,000	375,000	$5,433,750
AEM	Agnico Eagle Mines Ltd	−24,900	25,000	$5,074,500
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
CDE	Coeur Mining, Inc.	649,999	$12,200,481
SPY	Spdr S&P 500 ETF Trust	15,000	$9,755,100
WES	Western Midstream Partners, LP	100,000	$4,117,000
PROF	Profound Medical Corp.	276,001	$1,788,486
NEXM	NexMetals Mining Corp.	325,000	$796,250
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	10,000	$6,143,100
QTRX	Quanterix Corp	25,000	$159,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

14 positions · $73,593,448 total · as of Mar 31, 2026

All sectors Basic Materials Consumer Defensive Energy Healthcare Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CDE	Coeur Mining, Inc. Basic Materials	NEW	649,999	NEW	$12,200,481	NEW	16.58%
SPY	Spdr S&P 500 ETF Trust	NEW	15,000	NEW	$9,755,100	NEW	13.26%
CDNA	CareDx, Inc. Healthcare	Added	500,000	+125,000	$8,680,000	+22.9%	11.79%
DMAC	DiaMedica Therapeutics Inc. Healthcare	Held	875,000	0	$5,923,750	−14.9%	8.05%
NVGS	Navigator Holdings Ltd. Energy	Held	300,000	0	$5,799,000	+11.6%	7.88%
NPKI	NPK International Inc. Industrials	Reduced	375,000	-25,000	$5,433,750	+14.0%	7.38%
STKL	SunOpta Inc. Consumer Defensive	Added	804,187	+4,187	$5,211,131	+71.4%	7.08%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	25,000	-24,900	$5,074,500	−40.0%	6.90%
WES	Western Midstream Partners, LP Energy	NEW	100,000	NEW	$4,117,000	NEW	5.59%
EPSN	Epsilon Energy Ltd. Energy	Held	650,000	0	$4,004,000	+32.8%	5.44%
IAUX	i-80 Gold Corp. Basic Materials	Added	2,500,000	+1,000,000	$3,800,000	+73.5%	5.16%
PROF	Profound Medical Corp. Healthcare	NEW	276,001	NEW	$1,788,486	NEW	2.43%
IRIX	Iridex Corp Healthcare	Held	1,000,000	0	$1,010,000	−11.4%	1.37%
NEXM	NexMetals Mining Corp. Basic Materials	NEW	325,000	NEW	$796,250	NEW	1.08%