13F filer · CIK 1037792 ↗
Paradigm Capital Management Inc
You are looking at Q1 2020. See the latest, Q2 2026 →
Reported value
$827.9M
−36% on the quarter before
Positions
153
11 new · 8 sold out
Top 10
33.2%
of the value
Est. gain
−$373.8M
on stocks held all quarter
Est. return
−32.1%
on those stocks since Q4 2019
Positions as of Mar 31, 2020, from Paradigm Capital Management Inc's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 60% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2019. Striped tiles are options.
Largest buys
Since Q4 2019, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Insight Enterprises~$4.3MAdded · 2.9% → 3.2%+101,700 shares
- Ciena~$3.3MAdded · 1.0% → 1.9%+83,294 shares
- Neophotonics Corporation~$2.9MAdded · 1.0% → 1.6%+401,700 shares
- Cerus Corp~$2.8MAdded · 0.4% → 1.0%+604,400 shares
- Invacare Corporation~$2.6MNew · 0.0% → 0.3%+348,500 shares
- Tillys Inc~$2.1MAdded · 1.4% → 1.0%+498,750 shares
- Computer Programs & Systems~$2.1MAdded · 0.1% → 0.4%+92,500 shares
- Fluidigm Corp~$2.1MAdded · 0.2% → 0.5%+809,800 shares
- Summit Materials, Inc. Class A~$2.0MAdded · 1.3% → 1.5%+135,900 shares
- Onto Innovation~$1.5MAdded · 2.0% → 2.7%+51,448 shares
Largest sells
Since Q4 2019, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Globus Medical~$9.9MCut · 4.3% → 3.6%−233,300 shares
- Broadcom~$8.9MCut · 2.9% → 2.4%−37,400 shares
- Dermira Inc~$8.6MSold out · 0.7% → 0.0%−567,300 shares
- Entegris~$8.5MCut · 2.6% → 2.6%−190,800 shares
- TTM Technologies~$8.4MCut · 1.9% → 1.1%−813,000 shares
- Vocera Communications Inc~$8.1MCut · 1.1% → 0.8%−382,400 shares
- Wesco Aircraft Holdings~$6.4MSold out · 0.5% → 0.0%−580,273 shares
- Omnicell Inc~$5.8MCut · 2.6% → 2.5%−88,400 shares
- Seaspine Holdings Corp~$5.3MSold out · 0.4% → 0.0%−439,149 shares
- Stage Stores, Inc.~$5.1MSold out · 0.4% → 0.0%−622,152 shares
Holdings
As of Mar 31, 2020. Changes are in shares against Dec 31, 2019, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| R1 Rcm, IncCOM · shares −1.9% · price −30.0% | 5.0% | $41.5M | −$17.8M | ||||||||
| FabrinetCOM · shares 0% · price −15.9% | 4.6% | $37.9M | −$7.1M | ||||||||
| Globus MedicalCOM · shares −25% · price −27.8% | 3.6% | $30.0M | −$11.5M | ||||||||
| CoherentCOM · shares 0% · price −15.4% | 3.3% | $27.5M | −$5.0M | ||||||||
| Insight EnterprisesCOM · shares +19% · price −40.1% | 3.2% | $26.9M | −$15.1M | ||||||||
| EnersysCOM · shares −0.2% · price −33.8% | 2.8% | $22.8M | −$11.6M | ||||||||
| Skyworks SolutionsCOM · shares −13% · price −26.1% | 2.7% | $22.7M | −$8.0M | ||||||||
| Onto InnovationCOM · shares +7.2% · price −18.8% | 2.7% | $22.6M | −$4.9M | ||||||||
| Westrock CoCOM · shares −0.6% · price −34.1% | 2.6% | $21.6M | −$11.2M | ||||||||
| EntegrisCOM · shares −29% · price −10.6% | 2.6% | $21.2M | −$2.5M | ||||||||
| Extreme NetworksCOM · shares +0.3% · price −58.1% | 2.5% | $21.1M | −$29.1M | ||||||||
| Omnicell IncCOM · shares −22% · price −19.8% | 2.5% | $20.8M | −$5.1M | ||||||||
| BroadcomCOM · shares −31% · price −25.0% | 2.4% | $19.5M | −$6.5M | ||||||||
| Ribbon Communications IncCOM · shares +0.1% · price −2.3% | 2.2% | $18.5M | −$427,195 | ||||||||
| JabilCOM · shares +0.4% · price −40.5% | 2.2% | $17.8M | −$12.1M | ||||||||
| CienaCOM · shares +26% · price −6.7% | 1.9% | $15.9M | −$909,906 | ||||||||
| Ducommun IncCOM · shares +4.5% · price −50.8% | 1.9% | $15.5M | −$15.3M | ||||||||
| Calix IncCOM · shares −4.8% · price −11.5% | 1.7% | $14.3M | −$1.9M | ||||||||
| LumentumCOM · shares −15% · price −7.1% | 1.7% | $13.7M | −$1.0M | ||||||||
| Neophotonics CorporationCOM · shares +27% · price −17.8% | 1.6% | $13.7M | −$2.3M | ||||||||
| Summit Materials, Inc. Class ACOM · shares +20% · price −37.2% | 1.5% | $12.3M | −$6.1M | ||||||||
| Ultra Clean Holdings IncCOM · shares −0.1% · price −41.2% | 1.5% | $12.2M | −$8.6M | ||||||||
| Kratos DefenseCOM · shares −29% · price −23.2% | 1.4% | $11.8M | −$3.6M | ||||||||
| American Woodmark CorporationCOM · shares −0.8% · price −56.4% | 1.3% | $11.1M | −$14.4M | ||||||||
| Allscripts Healthcare SolutionCOM · shares +8.9% · price −28.3% | 1.3% | $10.9M | −$4.0M | ||||||||
| Total · 153 positions | 100% | $827.9M | −$373.8M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q4 2019 to Q1 2020: 142 stocks held throughout, down $373.8M (−32.1%).
- Pitney Bowes55:1 split+$2.7M+2,677%
- Masimo Corp+$776,654+12%
- Cerus Corp+$478,876+10%
- Mitek Systems+$234,487+3%
- Tabula Rasa Healthcare Inc+$188,882+7%
- Insight Enterprises−$15.1M−40%
- Ducommun Inc−$15.3M−51%
- R1 Rcm, Inc−$17.8M−30%
- Caleres Inc−$27.5M−78%
- Extreme Networks−$29.1M−58%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 2 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | $3.67B+41% | SEC ↗ |
| Q1 2026 | May 14, 2026 | $2.61B+10% | SEC ↗ |
| Q4 2025 | Feb 12, 2026 | $2.38B+3% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $2.31B+12% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $2.05B+14% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $1.80B−17% | SEC ↗ |
| Q4 2024 | Feb 18, 2025 | $2.16B−4% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $2.25B+3% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $2.19B+5% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $2.09B+9% | SEC ↗ |
| Q4 2023 | Feb 13, 2024 | $1.92B+10% | SEC ↗ |
| Q3 2023 | Nov 13, 2023 | $1.74B−0% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $1.75B+16% | SEC ↗ |
| Q1 2023 | May 12, 2023 | $1.51B−0% | SEC ↗ |
| Q4 2022 | Feb 3, 2023 | $1.51B+9% | SEC ↗ |
| Q3 2022 | Oct 26, 2022 | $1.39B−6% | SEC ↗ |
| Q2 2022 | Aug 2, 2022 | $1.47B−20% | SEC ↗ |
| Q1 2022 | May 25, 2022 | $1.85B−17% | SEC ↗ |
| Q4 2021 | Feb 9, 2022 | $2.24B+15% | SEC ↗ |
| Q3 2021 | Nov 8, 2021 | $1.94B−7% | SEC ↗ |
| Q2 2021 | Aug 5, 2021 | $2.08B+8% | SEC ↗ |
| Q1 2021 | May 5, 2021 | $1.93B+15% | SEC ↗ |
| Q4 2020 | Jan 20, 2021 | $1.67B+41% | SEC ↗ |
| Q3 2020 | Oct 20, 2020 | $1.19B+9% | SEC ↗ |
| Q2 2020 | Aug 3, 2020 | $1.09B+32% | SEC ↗ |
| Q1 2020 | May 12, 2020 | $827.9M−36% | SEC ↗ |
| Q4 2019 | Feb 5, 2020 | $1.30B+16% | SEC ↗ |
| Q3 2019 | Nov 7, 2019 | $1.12B+2% | SEC ↗ |
| Q2 2019 | Aug 8, 2019 | $1.10B−4% | SEC ↗ |
| Q1 2019 | May 10, 2019 | $1.14B+12% | SEC ↗ |
| Q4 2018 | Feb 8, 2019 | $1.02B−20% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $1.27B+3% | SEC ↗ |
| Q2 2018 | Aug 8, 2018 | $1.24B+5% | SEC ↗ |
| Q1 2018 | Apr 9, 2018 | $1.18B+1% | SEC ↗ |
| Q4 2017 | Feb 7, 2018 | $1.17B+2% | SEC ↗ |
| Q3 2017 | Nov 6, 2017 | $1.15B+4% | SEC ↗ |
| Q2 2017 | Aug 10, 2017 | $1.11B+5% | SEC ↗ |
| Q1 2017 | May 9, 2017 | $1.06B+3% | SEC ↗ |
| Q4 2016 | Feb 13, 2017 | $1.03B+8% | SEC ↗ |
| Q3 2016 | Nov 10, 2016 | $953.0M+16% | SEC ↗ |
| Q2 2016 | Aug 9, 2016 | $820.6M−4% | SEC ↗ |
| Q1 2016 | May 12, 2016 | $858.8M | SEC ↗ |