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 | |||
| Showing first 500 out of 130 holdings | |||
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