Paragon Associates & Paragon Associates Ii Joint Venture 13F annual report
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.
$40.9 billion Assets Under Management (AUM)
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.
Careers at Paragon Associates & Paragon Associates Ii Joint Venture
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.
Recent trades
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.
One of the smallest hedge funds
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.
Bradbury Iii investment strategy
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.
The complete list of Paragon Associates & Paragon Associates Ii Joint Venture trades based on 13F SEC filings
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 | |||
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