13F filer · CIK 1037792 ↗
Paradigm Capital Management Inc
You are looking at Q4 2021. See the latest, Q2 2026 →
Reported value
$2.24B
+15% on the quarter before
Positions
156
15 new · 10 sold out
Top 10
36.3%
of the value
Est. gain
+$317.3M
on stocks held all quarter
Est. return
+17.3%
on those stocks since Q3 2021
Positions as of Dec 31, 2021, 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, 63% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2021. Striped tiles are options.
Largest buys
Since Q3 2021, 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.
- Ensign Group, Inc.~$9.5MAdded · 1.1% → 1.5%+113,000 shares
- Modine~$9.1MAdded · 0.6% → 0.9%+899,400 shares
- Absolute Software Corp~$7.0MAdded · 0.1% → 0.4%+744,600 shares
- Caleres Inc~$5.7MAdded · 0.7% → 0.9%+249,900 shares
- Ichor Holdings~$5.3MAdded · 1.2% → 1.4%+115,232 shares
- Si-Bone, Inc.~$4.2MNew · 0.0% → 0.2%+189,100 shares
- Regal Rexnord Corporation~$3.9MNew · 0.0% → 0.2%+22,786 shares
- Zurn Water Solutions Corp~$3.8MNew · 0.0% → 0.2%+105,100 shares
- Cutera, Inc.~$3.6MAdded · 0.6% → 0.6%+88,000 shares
- Emergent Biosolutions~$2.8MNew · 0.0% → 0.1%+65,289 shares
Largest sells
Since Q3 2021, 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.
- Skyworks Solutions~$31.8MCut · 2.3% → 0.4%−205,300 shares
- Invacare Corporation~$14.0MSold out · 0.7% → 0.0%−2,943,800 shares
- Cohu Inc.~$8.8MCut · 1.9% → 1.5%−230,300 shares
- R1 Rcm, Inc~$7.8MCut · 4.3% → 4.0%−305,800 shares
- Fabrinet~$7.5MCut · 3.4% → 3.0%−63,200 shares
- Rexnord Corp New~$6.6MSold out · 0.3% → 0.0%−102,200 shares
- Calix Inc~$5.5MCut · 2.9% → 3.8%−69,200 shares
- Flexion Therapeutics Inc~$4.4MSold out · 0.2% → 0.0%−728,200 shares
- Zumiez, Inc.~$3.4MCut · 0.7% → 0.6%−70,000 shares
- Comtech Telecommunications Cor~$2.6MCut · 0.9% → 0.6%−110,400 shares
Holdings
As of Dec 31, 2021. Changes are in shares against Sep 30, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Onto InnovationCOM · shares −0.4% · price +40.1% | 5.6% | $126.2M | +$36.1M | ||||||||
| Extreme NetworksCOM · shares −1.0% · price +59.4% | 4.3% | $96.0M | +$35.8M | ||||||||
| R1 Rcm, IncCOM · shares −8.0% · price +15.8% | 4.0% | $90.2M | +$12.3M | ||||||||
| Calix IncCOM · shares −6.1% · price +61.8% | 3.8% | $85.9M | +$32.8M | ||||||||
| Veeco InstrumentsCOM · shares −0.08% · price +28.2% | 3.5% | $77.5M | +$17.0M | ||||||||
| Ultra Clean Holdings IncCOM · shares −0.2% · price +34.6% | 3.2% | $71.4M | +$18.4M | ||||||||
| MaxLinearCOM · shares −0.6% · price +53.1% | 3.0% | $68.3M | +$23.7M | ||||||||
| FabrinetCOM · shares −9.9% · price +15.6% | 3.0% | $68.2M | +$9.2M | ||||||||
| Insight EnterprisesCOM · shares −0.5% · price +18.3% | 3.0% | $67.1M | +$10.4M | ||||||||
| EntegrisCOM · shares −0.6% · price +10.1% | 2.8% | $61.7M | +$5.6M | ||||||||
| Omnicell IncCOM · shares −0.3% · price +21.6% | 2.6% | $57.6M | +$10.2M | ||||||||
| CoherentCOM · shares +0.4% · price +15.1% | 2.5% | $55.4M | +$7.2M | ||||||||
| BroadcomCOM · shares 0% · price +37.2% | 2.4% | $54.6M | +$14.8M | ||||||||
| Ribbon Communications IncCOM · shares −0.1% · price +1.2% | 2.3% | $51.3M | +$593,427 | ||||||||
| ForterraCOM · shares 0% · price +0.9% | 2.2% | $49.1M | +$455,000 | ||||||||
| Globus MedicalCOM · shares +6.4% · price −5.8% | 2.1% | $47.2M | −$2.7M | ||||||||
| JabilCOM · shares −0.2% · price +20.5% | 2.0% | $45.5M | +$7.8M | ||||||||
| EnersysCOM · shares +1.3% · price +6.2% | 1.7% | $37.5M | +$2.2M | ||||||||
| Citi Trends, Inc.COM · shares 0% · price +29.9% | 1.6% | $35.0M | +$8.0M | ||||||||
| Neophotonics CorporationCOM · shares −2.2% · price +76.5% | 1.5% | $34.6M | +$15.0M | ||||||||
| Cohu Inc.COM · shares −20% · price +19.3% | 1.5% | $34.5M | +$5.6M | ||||||||
| Ducommun IncCOM · shares +1.9% · price −7.1% | 1.5% | $33.4M | −$2.5M | ||||||||
| Ensign Group, Inc.COM · shares +41% · price +12.1% | 1.5% | $32.7M | +$2.5M | ||||||||
| Ichor HoldingsCOM · shares +21% · price +12.0% | 1.4% | $31.0M | +$2.8M | ||||||||
| American Woodmark CorporationCOM · shares −3.1% · price −0.3% | 1.2% | $27.5M | −$72,420 | ||||||||
| Total · 156 positions | 100% | $2.24B | +$317.3M |
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 Q3 2021 to Q4 2021: 141 stocks held throughout, up $317.3M (+17.3%).
- Onto Innovation+$36.1M+40%
- Extreme Networks+$35.8M+59%
- Calix Inc+$32.8M+62%
- MaxLinear+$23.7M+53%
- Ultra Clean Holdings Inc+$18.4M+35%
- Westrock Co−$2.6M−11%
- Globus Medical−$2.7M−6%
- Nn, Inc.−$4.9M−22%
- Cerence−$5.3M−20%
- Kirkland'S Inc.−$5.3M−22%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
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 ↗ |