Paragon Private Wealth Management 13F annual report

Paragon Private Wealth Management is an investment fund managing more than $176 billion ran by Catherine Salsman. There are currently 122 companies in Mrs. Salsman’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $17 billion.

$176 billion Assets Under Management (AUM)

As of 5th August 2024, Paragon Private Wealth Management’s top holding is 21,820 shares of Microsoft currently worth over $9.75 billion and making up 5.5% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Paragon Private Wealth Management owns more than approximately 0.1% of the company. In addition, the fund holds 34,458 shares of Apple Inc worth $7.26 billion, whose value grew 15.5% in the past six months. The third-largest holding is First Tr Exchange-traded Fd worth $19.1 billion and the next is NVIDIA Corp worth $4.58 billion, with 37,103 shares owned.

Currently, Paragon Private Wealth Management's portfolio is worth at least $176 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 Private Wealth Management

The Paragon Private Wealth Management office and employees reside in Lexington, Kentucky. According to the last 13-F report filed with the SEC, Catherine Salsman serves as the Managing Partner/Chief Compliance Officer at Paragon Private Wealth Management.

Recent trades

In the most recent 13F filing, Paragon Private Wealth Management revealed that it had opened a new position in Vanguard Index Fds and bought 3,642 shares worth $864 million.

The investment fund also strengthened its position in Microsoft by buying 6,657 additional shares. This makes their stake in Microsoft total 21,820 shares worth $9.75 billion. Microsoft dropped approximately 0.1% in the past year.

On the other hand, there are companies that Paragon Private Wealth Management is getting rid of from its portfolio. Paragon Private Wealth Management closed its position in Emerson Elec Co on 12th August 2024. It sold the previously owned 10,046 shares for $1.14 billion. Catherine Salsman also disclosed a decreased stake in Apple Inc by 0.1%. This leaves the value of the investment at $7.26 billion and 34,458 shares.

One of the smallest hedge funds

The two most similar investment funds to Paragon Private Wealth Management are Strait & Sound Wealth Management and Shore Point Advisors. They manage $176 billion and $176 billion respectively.


Catherine Salsman investment strategy

Paragon Private Wealth Management’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 15.9% of the total portfolio value. The fund focuses on investments in the United States as 52.5% 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 50% of the total holdings value. On the other hand, small-cap stocks make up only 1.6% of the portfolio. The average market cap of the portfolio companies is close to $223 billion.

The complete list of Paragon Private Wealth Management trades based on 13F SEC filings

These positions were updated on August 12th 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
Microsoft Corporation
43.90%
21,820
$9,752,330,000 5.54%
Apple Inc
10.61%
34,458
$7,257,558,000 4.12%
First Tr Exchange-traded Fd
7.48%
199,648
$19,134,568,000 10.86%
NVIDIA Corp
1,065.66%
37,103
$4,583,653,000 2.60%
Ishares Tr
13.70%
178,692
$13,840,306,000 7.86%
Alphabet Inc
0.39%
24,663
$4,494,492,000 2.55%
First Tr Exchange Traded Fd
0.59%
137,437
$10,371,279,000 5.89%
Amazon.com Inc.
0.39%
18,921
$3,656,483,000 2.08%
Sherwin-Williams Co.
50.14%
11,465
$3,421,500,000 1.94%
Berkshire Hathaway Inc.
3.75%
7,585
$3,085,578,000 1.75%
Vanguard Index Fds
23.27%
28,898
$8,134,390,000 4.62%
J P Morgan Exchange Traded F
15.08%
68,393
$3,501,193,000 1.99%
First Tr Nasdaq 100 Tech Ind
0.45%
14,419
$2,847,179,000 1.62%
Proshares Tr
2.07%
24,205
$2,326,845,000 1.32%
Meta Platforms Inc
0.46%
4,580
$2,309,338,000 1.31%
John Hancock Exchange Traded
11.64%
39,358
$2,166,264,000 1.23%
Automatic Data Processing In
2.31%
8,700
$2,076,650,000 1.18%
Visa Inc
0.01%
7,845
$2,059,093,000 1.17%
Abbvie Inc
2.70%
11,250
$1,929,585,000 1.10%
Waste Mgmt Inc Del
2.25%
8,893
$1,897,233,000 1.08%
Procter And Gamble Co
2.74%
11,313
$1,865,810,000 1.06%
Invesco Exch Traded Fd Tr Ii
25.70%
53,728
$2,090,205,000 1.19%
Pepsico Inc
1.88%
10,479
$1,728,301,000 0.98%
Abbott Labs
1.30%
15,616
$1,622,685,000 0.92%
Pacer Fds Tr
10.44%
50,373
$2,178,491,000 1.24%
NextEra Energy Inc
6.58%
19,818
$1,403,311,000 0.80%
Illinois Tool Wks Inc
0.42%
5,538
$1,312,331,000 0.74%
Digital Rlty Tr Inc
0.64%
8,114
$1,233,717,000 0.70%
Columbia Etf Tr I
1.15%
80,678
$2,089,814,000 1.19%
Lowes Cos Inc
2.48%
5,321
$1,173,068,000 0.67%
Salesforce Inc
15.75%
4,556
$1,171,352,000 0.66%
Johnson & Johnson
2.63%
7,869
$1,150,073,000 0.65%
First Tr Exchng Traded Fd Vi
No change
28,286
$1,147,846,000 0.65%
American Tower Corp.
2.38%
5,882
$1,143,343,000 0.65%
International Business Machs
11.67%
6,602
$1,141,816,000 0.65%
Emerson Elec Co
Closed
10,046
$1,139,417,000
American Express Co.
3.98%
4,782
$1,107,272,000 0.63%
Global X Fds
29.09%
34,533
$1,065,328,000 0.60%
General Dynamics Corp.
1.05%
3,479
$1,009,397,000 0.57%
Prologis Inc
5.80%
8,857
$994,730,000 0.56%
Broadcom Inc
7.50%
616
$989,006,000 0.56%
Applied Matls Inc
10.00%
4,004
$944,904,000 0.54%
Genuine Parts Co.
2.39%
6,800
$940,630,000 0.53%
KLA Corp.
4.80%
1,135
$935,819,000 0.53%
Intel Corp.
4.58%
29,561
$915,504,000 0.52%
Air Prods & Chems Inc
4.44%
3,530
$910,917,000 0.52%
Spdr S&p 500 Etf Tr
38.46%
1,649
$897,445,000 0.51%
Exxon Mobil Corp.
2.04%
7,783
$895,964,000 0.51%
Paychex Inc.
5.26%
7,173
$850,431,000 0.48%
Chevron Corp.
3.32%
5,418
$847,448,000 0.48%
Sysco Corp.
2.80%
11,398
$813,703,000 0.46%
Adobe Inc
29.24%
1,454
$807,755,000 0.46%
Invesco Exchange Traded Fd T
45.07%
23,286
$1,684,219,000 0.96%
Tesla Inc
4.14%
3,720
$736,114,000 0.42%
Etfs Gold Tr
20.15%
33,105
$735,593,000 0.42%
Blackrock Inc.
7.40%
929
$731,420,000 0.42%
Mcdonalds Corp
3.99%
2,742
$698,771,000 0.40%
Union Pac Corp
5.04%
3,063
$693,034,000 0.39%
Medtronic Plc
2.77%
8,587
$675,883,000 0.38%
Deere & Co.
2.08%
1,715
$640,775,000 0.36%
Molson Coors Beverage Company
14.50%
12,420
$631,309,000 0.36%
Eli Lilly & Co
29.88%
697
$631,050,000 0.36%
Netflix Inc.
2.04%
901
$608,067,000 0.35%
Nike, Inc.
13.49%
7,986
$601,905,000 0.34%
Novo-nordisk A S
35.65%
4,170
$595,226,000 0.34%
Qualcomm, Inc.
22.23%
2,936
$584,792,000 0.33%
AMGEN Inc.
26.83%
1,853
$578,970,000 0.33%
JPMorgan Chase & Co.
19.66%
2,836
$573,552,000 0.33%
United Parcel Service, Inc.
18.29%
4,181
$572,159,000 0.32%
Cintas Corporation
1.53%
797
$558,107,000 0.32%
Roper Technologies Inc
6.37%
969
$546,187,000 0.31%
Equinix Inc
7.59%
694
$525,080,000 0.30%
United Rentals, Inc.
4.84%
806
$521,264,000 0.30%
WEC Energy Group Inc
3.07%
6,607
$518,385,000 0.29%
Blackstone Inc
2.62%
4,168
$515,998,000 0.29%
Disney Walt Co
1.90%
5,012
$497,658,000 0.28%
Unitedhealth Group Inc
6.99%
972
$494,764,000 0.28%
Vanguard Index Fds
Opened
3,642
$863,807,000 0.49%
First Tr Morningstar Divid L
No change
12,414
$470,881,000 0.27%
Mastercard Incorporated
11.31%
980
$432,440,000 0.25%
NRG Energy Inc.
2.41%
5,500
$428,230,000 0.24%
Verizon Communications Inc
9.41%
10,136
$418,009,000 0.24%
Palo Alto Networks Inc
20.59%
1,218
$412,914,000 0.23%
Boston Scientific Corp.
Opened
5,293
$407,614,000 0.23%
Home Depot, Inc.
18.27%
1,141
$392,699,000 0.22%
Select Sector Spdr Tr
3.62%
1,718
$388,663,000 0.22%
Prudential Finl Inc
5.27%
3,107
$364,109,000 0.21%
Intuitive Surgical Inc
Opened
759
$337,641,000 0.19%
Evertec Inc
3.61%
9,968
$331,436,000 0.19%
Vanguard Tax-managed Fds
Opened
6,553
$323,849,000 0.18%
Analog Devices Inc.
Opened
1,418
$323,673,000 0.18%
Lockheed Martin Corp.
3.98%
680
$317,628,000 0.18%
Seagate Technology Hldngs Pl
8.09%
2,952
$304,853,000 0.17%
Ppg Inds Inc
3.39%
2,408
$303,143,000 0.17%
Target Corp
19.76%
1,982
$293,411,000 0.17%
Vanguard Star Fds
Opened
4,811
$290,103,000 0.16%
AES Corp.
24.84%
16,394
$288,043,000 0.16%
DTE Energy Co.
6.73%
2,586
$287,072,000 0.16%
Stryker Corp.
30.06%
835
$284,109,000 0.16%
Rockwell Automation Inc
Closed
967
$281,716,000
Vanguard Scottsdale Fds
Opened
3,603
$278,422,000 0.16%
Thermo Fisher Scientific Inc.
Closed
478
$277,818,000
Eaton Corp Plc
11.43%
876
$274,670,000 0.16%
Vanguard Bd Index Fds
Opened
3,810
$274,511,000 0.16%
Atlantica Sustainable Infr P
11.44%
12,380
$271,741,000 0.15%
Grainger W W Inc
5.41%
297
$267,965,000 0.15%
Vanguard World Fd
0.88%
457
$263,538,000 0.15%
Vanguard Whitehall Fds
25.73%
2,184
$259,004,000 0.15%
First Tr Exchange-traded Fd
Closed
9,188
$252,125,000
Quanta Svcs Inc
Opened
988
$251,041,000 0.14%
Starbucks Corp.
14.60%
3,218
$250,521,000 0.14%
Conocophillips
8.11%
2,159
$246,946,000 0.14%
Public Svc Enterprise Grp In
0.40%
3,267
$240,778,000 0.14%
Mckesson Corporation
Opened
410
$239,456,000 0.14%
Pimco Etf Tr
No change
2,362
$237,735,000 0.13%
Capital One Finl Corp
8.78%
1,710
$236,750,000 0.13%
Ark Etf Tr
Closed
4,688
$234,777,000
Spdr Ser Tr
3.43%
2,502
$231,960,000 0.13%
Crowdstrike Holdings Inc
Opened
589
$225,699,000 0.13%
Walmart Inc
Opened
3,281
$222,157,000 0.13%
Coca-Cola Co
Closed
3,595
$219,928,000
S&P Global Inc
Opened
481
$214,526,000 0.12%
Schwab Charles Corp
Opened
2,897
$213,486,000 0.12%
Comcast Corp New
Closed
4,839
$209,771,000
Autodesk Inc.
Opened
847
$209,590,000 0.12%
General Mls Inc
8.01%
3,278
$207,366,000 0.12%
GSK Plc
Closed
4,786
$205,176,000
Dow Inc
4.52%
3,845
$203,977,000 0.12%
Sharecare Inc
No change
97,239
$131,273,000 0.07%
Paramount Group Inc
No change
15,175
$70,260,000 0.04%
No transactions found
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