Paragon Associates & Paragon Associates Ii Joint Venture is an investment fund managing more than $40.9 billion ran by Bradbury Iii. There are currently 11 companies in Iii’s portfolio. The largest investments include Navigator Hldgs Ltd and Agnico Eagle Mines Ltd, together worth $16.4 billion.
As of 6th August 2024, Paragon Associates & Paragon Associates Ii Joint Venture’s top holding is 600,000 shares of Navigator Hldgs Ltd currently worth over $10.5 billion and making up 25.6% of the portfolio value.
In addition, the fund holds 90,000 shares of Agnico Eagle Mines Ltd worth $5.89 billion, whose value grew 70.6% in the past six months.
The third-largest holding is Newmont Corp worth $4.82 billion and the next is Epsilon worth $4.36 billion, with 800,000 shares owned.
Currently, Paragon Associates & Paragon Associates Ii Joint Venture's portfolio is worth at least $40.9 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.
The Paragon Associates & Paragon Associates Ii Joint Venture office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Bradbury Iii serves as the Managing Member of Paragon JV Partners, LLC at Paragon Associates & Paragon Associates Ii Joint Venture.
In the most recent 13F filing, Paragon Associates & Paragon Associates Ii Joint Venture revealed that it had opened a new position in
Newmont Corp and bought 115,000 shares worth $4.82 billion.
This means they effectively own approximately 0.1% of the company.
Newmont Corp makes up
45.0%
of the fund's Materials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Ecovyst Inc by buying
140,200 additional shares.
This makes their stake in Ecovyst Inc total 240,200 shares worth $2.15 billion.
On the other hand, there are companies that Paragon Associates & Paragon Associates Ii Joint Venture is getting rid of from its portfolio.
Paragon Associates & Paragon Associates Ii Joint Venture closed its position in Antero Resources Corp on 13th August 2024.
It sold the previously owned 75,000 shares for $1.9 billion.
Bradbury Iii also disclosed a decreased stake in Navigator Hldgs Ltd by 0.2%.
This leaves the value of the investment at $10.5 billion and 600,000 shares.
The two most similar investment funds to Paragon Associates & Paragon Associates Ii Joint Venture are Aqr Capital Management and Wealthgate Family Office. They manage $41 billion and $40.6 billion respectively.
Paragon Associates & Paragon Associates Ii Joint Venture’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Materials — making up 26.2% of
the total portfolio value.
The fund focuses on investments in the United States as
45.5% 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
18% of the total holdings value.
On the other hand, small-cap stocks make up 18.2% of the portfolio.
The average market cap of the portfolio companies is close to $8.4 billion.
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 |
|---|---|---|---|
| Navigator Hldgs Ltd |
24.01%
600,000
|
$10,476,000,000 | 25.62% |
| Agnico Eagle Mines Ltd |
28.00%
90,000
|
$5,886,000,000 | 14.40% |
| Newmont Corp |
Opened
115,000
|
$4,815,050,000 | 11.78% |
| Epsilon Energy Ltd. |
3.03%
800,000
|
$4,360,000,000 | 10.66% |
| Bel Fuse Inc. |
Opened
57,000
|
$3,718,680,000 | 9.10% |
| Franco Nev Corp |
Opened
30,000
|
$3,555,600,000 | 8.70% |
| IRIDEX Corp. |
No change
1,000,000
|
$2,160,000,000 | 5.28% |
| Ecovyst Inc |
140.20%
240,200
|
$2,154,594,000 | 5.27% |
| Antero Resources Corp |
Closed
75,000
|
$1,903,500,000 | |
| UBS Group AG |
Closed
75,000
|
$1,848,750,000 | |
| Allison Transmission Hldgs I |
Opened
20,000
|
$1,518,000,000 | 3.71% |
| DiaMedica Therapeutics Inc. |
2.68%
482,614
|
$1,423,711,000 | 3.48% |
| Akoya Biosciences Inc |
Opened
350,000
|
$819,000,000 | 2.00% |
| Saul Ctrs Inc |
Closed
5,000
|
$176,350,000 | |
| Pacira BioSciences Inc |
Closed
5,000
|
$153,400,000 | |
| No transactions found | |||
| Showing first 500 out of 15 holdings | |||