13F filer · CIK 1037792 ↗

Paradigm Capital Management Inc

You are looking at Q3 2022. See the latest, Q2 2026 →

Reported value

$1.39B

−5.6% on the quarter before

Positions

145

8 new · 11 sold out

Top 10

39.2%

of the value

Est. gain

−$25.5M

on stocks held all quarter

Est. return

−1.9%

on those stocks since Q2 2022

Filed

Oct 26, 2022

On SEC EDGAR ↗

Positions as of Sep 30, 2022, 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

Each tile is a position, sized by its share, colored by what the fund did with it since Q2 2022. Striped tiles are options.

121 others32%

Onto Innovation5.7%

Extreme Networks5.5%

R1 Rcm, Inc New4.4%

Fabrinet3.9%

Calix Inc3.8%

Veeco Instruments3.7%

Insight Enterprises3.7%

Globus Medical2.9%MaxLinear2.9%Jabil2.7%Entegris2.6%

Ultra Clean Holdings Inc2.6%

Broadcom2.6%Modine2.4%

Coherent Inc2.3%

Ensign Group, Inc.2.2%

Enersys2.2%

Ducommun Inc2.1%

Omnicell Inc2.0%

Cohu Inc.1.9%

Ribbon Communications Inc1.7%

Caleres Inc1.6%

FormFactor1.4%

Cutera, Inc.1.3%

121 others32%

Onto Innovation5.7%

Extreme Networks5.5%

R1 Rcm, Inc New4.4%

Fabrinet3.9%

Calix Inc3.8%

Veeco Instruments3.7%

Insight Enterprises3.7%

Globus Medical2.9%MaxLinear2.9%Jabil2.7%Entegris2.6%

Ultra Clean Holdings Inc2.6%

Broadcom2.6%Modine2.4%

Coherent Inc2.3%

Ensign Group, Inc.2.2%

Enersys2.2%

Ducommun Inc2.1%

Omnicell Inc2.0%

Cohu Inc.1.9%

Ribbon Communications Inc1.7%

Caleres Inc1.6%

FormFactor1.4%

Cutera, Inc.1.3%

Largest buys

Since Q2 2022, 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.

Coherent Inc~$32.1MNew · 0.0% → 2.3%+920,900 shares
FormFactor~$7.1MAdded · 1.3% → 1.4%+283,400 shares
Aviat Networks Inc Com New~$6.0MAdded · 0.2% → 0.6%+220,400 shares
Scansource Inc~$4.7MAdded · 0.5% → 0.8%+178,594 shares
MaxLinear~$4.6MAdded · 2.5% → 2.9%+140,300 shares
Citi Trends, Inc.~$4.4MAdded · 0.7% → 0.8%+281,300 shares
Cerence~$4.1MAdded · 0.7% → 0.7%+259,200 shares
Mimedx~$3.1MAdded · 0.0% → 0.2%+1,094,300 shares
Veeco Instruments~$2.3MAdded · 3.6% → 3.7%+126,300 shares
Ultra Clean Holdings Inc~$2.3MAdded · 2.7% → 2.6%+87,500 shares

Largest sells

Since Q2 2022, 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.

Coherent~$41.1MSold out · 2.8% → 0.0%−807,600 shares
Neophotonics Corporation~$32.4MSold out · 2.2% → 0.0%−2,060,000 shares
Calix Inc~$6.9MCut · 2.3% → 3.8%−112,500 shares
Ichor Holdings~$6.8MCut · 0.9% → 0.4%−278,883 shares
Zumiez, Inc.~$5.1MCut · 0.5% → 0.1%−239,100 shares
Cerus Corp~$4.3MSold out · 0.3% → 0.0%−817,300 shares
Caleres Inc~$4.0MCut · 1.9% → 1.6%−166,900 shares
Orthofix International Nv~$3.5MSold out · 0.2% → 0.0%−148,900 shares
Td Synnex Corporation~$3.1MCut · 1.4% → 1.1%−37,600 shares
Kirkland'S Inc.~$3.0MCut · 0.3% → 0.0%−1,004,100 shares

Holdings

As of Sep 30, 2022. Changes are in shares against Jun 30, 2022, so a price move alone never reads as a buy or a sale.

Positions, sorted by share of the portfolio
#	Holding		% prev	Value	Shares		Price	Prev price
1	Onto InnovationCOM · shares −0.3% · price −8.2%	5.7%	5.8%	$78.9M	1.2M	−0.3%	$64.05	$69.74	−8.2%	−$7.0M
2	Extreme NetworksCOM · shares −2.3% · price +46.5%	5.5%	3.6%	$76.3M	5.8M	−2.3%	$13.07	$8.92	+46.5%	+$24.2M
3	R1 Rcm, Inc NewCOM · shares −1.1% · price −11.6%	4.4%	4.8%	$61.5M	3.3M	−1.1%	$18.53	$20.96	−11.6%	−$8.1M
4	FabrinetCOM · shares −0.2% · price +17.7%	3.9%	3.1%	$54.3M	569,300	−0.2%	$95.45	$81.10	+17.7%	+$8.2M
5	Calix IncCOM · shares −11% · price +79.1%	3.8%	2.3%	$53.2M	869,800	−11%	$61.14	$34.14	+79.1%	+$23.5M
6	Veeco InstrumentsCOM · shares +4.7% · price −5.6%	3.7%	3.6%	$52.0M	2.8M	+4.7%	$18.32	$19.40	−5.6%	−$2.9M
7	Insight EnterprisesCOM · shares −0.2% · price −4.5%	3.7%	3.7%	$51.7M	626,900	−0.2%	$82.41	$86.28	−4.5%	−$2.4M
8	Globus MedicalCOM · shares −0.7% · price +6.1%	2.9%	2.6%	$40.7M	683,500	−0.7%	$59.57	$56.14	+6.1%	+$2.3M
9	MaxLinearCOM · shares +13% · price −4.0%	2.9%	2.5%	$39.9M	1.2M	+13%	$32.62	$33.98	−4.0%	−$1.5M
10	JabilCOM · shares −0.4% · price +12.7%	2.7%	2.3%	$37.6M	651,433	−0.4%	$57.71	$51.21	+12.7%	+$4.2M
11	EntegrisCOM · shares −0.4% · price −9.9%	2.6%	2.8%	$36.7M	441,500	−0.4%	$83.02	$92.13	−9.9%	−$4.0M
12	Ultra Clean Holdings IncCOM · shares +6.6% · price −13.5%	2.6%	2.7%	$36.6M	1.4M	+6.6%	$25.75	$29.77	−13.5%	−$5.4M
13	BroadcomCOM · shares 0% · price −8.6%	2.6%	2.7%	$36.5M	82,100	0%	$444.01	$485.81	−8.6%	−$3.4M
14	ModineCOM · shares −0.03% · price +22.9%	2.4%	1.8%	$33.2M	2.6M	−0.03%	$12.94	$10.53	+22.9%	+$6.2M
15	Coherent IncCOM · shares New	2.3%	—	$32.1M	920,900	New	$34.85	—	—	—
16	Ensign Group, Inc.COM · shares −0.5% · price +8.2%	2.2%	1.9%	$30.8M	387,100	−0.5%	$79.50	$73.47	+8.2%	+$2.3M
17	EnersysCOM · shares −0.5% · price −1.3%	2.2%	2.1%	$30.0M	516,000	−0.5%	$58.17	$58.96	−1.3%	−$407,599
18	Ducommun IncCOM · shares +0.7% · price −7.9%	2.1%	2.1%	$29.4M	740,048	+0.7%	$39.66	$43.04	−7.9%	−$2.5M
19	Omnicell IncCOM · shares 0% · price −23.5%	2.0%	2.5%	$27.8M	319,967	0%	$87.03	$113.75	−23.5%	−$8.5M
20	Cohu Inc.COM · shares 0% · price −7.1%	1.9%	1.9%	$26.0M	1.0M	0%	$25.78	$27.75	−7.1%	−$2.0M
21	Ribbon Communications IncCOM · shares +0.7% · price −27.0%	1.7%	2.1%	$23.1M	10.4M	+0.7%	$2.22	$3.04	−27.0%	−$8.5M
22	Caleres IncCOM · shares −16% · price −7.7%	1.6%	1.9%	$21.6M	890,700	−16%	$24.22	$26.24	−7.7%	−$1.8M
23	FormFactorCOM · shares +59% · price −35.3%	1.4%	1.3%	$19.1M	761,800	+59%	$25.05	$38.73	−35.3%	−$6.5M
24	Cutera, Inc.COM · shares 0% · price +21.6%	1.3%	0.98%	$17.7M	387,100	0%	$45.60	$37.50	+21.6%	+$3.1M
25	Summit Materials, Inc. Class ACOM · shares −0.5% · price +2.9%	1.3%	1.2%	$17.6M	734,400	−0.5%	$23.96	$23.29	+2.9%	+$492,499
	Total · 145 positions	100%		$1.39B						−$25.5M

The filing on SEC EDGAR ↗

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 Q2 2022 to Q3 2022: 137 stocks held throughout, down $25.5M (−1.9%).

Extreme Networks+$24.2M+47%
Calix Inc+$23.5M+79%
Fabrinet+$8.2M+18%
Modine+$6.2M+23%
Jabil+$4.2M+13%
FormFactor−$6.5M−35%
Onto Innovation−$7.0M−8%
R1 Rcm, Inc New−$8.1M−12%
Ribbon Communications Inc−$8.5M−27%
Omnicell Inc−$8.5M−23%

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.

$4.00B$2.00B$0

Q1 201642 quartersQ2 2026

Every quarter's filing

Each quarter's 13F filing, newest first
Quarter	Filed	Reported value	Positions	Filing
Q2 2026	Aug 13, 2026	$3.67B+41%	115	SEC ↗
Q1 2026	May 14, 2026	$2.61B+10%	112	SEC ↗
Q4 2025	Feb 12, 2026	$2.38B+3%	116	SEC ↗
Q3 2025	Nov 14, 2025	$2.31B+12%	126	SEC ↗
Q2 2025	Aug 14, 2025	$2.05B+14%	122	SEC ↗
Q1 2025	May 15, 2025	$1.80B−17%	127	SEC ↗
Q4 2024	Feb 18, 2025	$2.16B−4%	128	SEC ↗
Q3 2024	Nov 14, 2024	$2.25B+3%	129	SEC ↗
Q2 2024	Aug 14, 2024	$2.19B+5%	129	SEC ↗
Q1 2024	May 15, 2024	$2.09B+9%	131	SEC ↗
Q4 2023	Feb 13, 2024	$1.92B+10%	131	SEC ↗
Q3 2023	Nov 13, 2023	$1.74B−0%	138	SEC ↗
Q2 2023	Aug 14, 2023	$1.75B+16%	139	SEC ↗
Q1 2023	May 12, 2023	$1.51B−0%	141	SEC ↗
Q4 2022	Feb 3, 2023	$1.51B+9%	144	SEC ↗
Q3 2022	Oct 26, 2022	$1.39B−6%	145	SEC ↗
Q2 2022	Aug 2, 2022	$1.47B−20%	148	SEC ↗
Q1 2022	May 25, 2022	$1.85B−17%	153	SEC ↗
Q4 2021	Feb 9, 2022	$2.24B+15%	156	SEC ↗
Q3 2021	Nov 8, 2021	$1.94B−7%	151	SEC ↗
Q2 2021	Aug 5, 2021	$2.08B+8%	152	SEC ↗
Q1 2021	May 5, 2021	$1.93B+15%	149	SEC ↗
Q4 2020	Jan 20, 2021	$1.67B+41%	149	SEC ↗
Q3 2020	Oct 20, 2020	$1.19B+9%	149	SEC ↗
Q2 2020	Aug 3, 2020	$1.09B+32%	147	SEC ↗
Q1 2020	May 12, 2020	$827.9M−36%	153	SEC ↗
Q4 2019	Feb 5, 2020	$1.30B+16%	150	SEC ↗
Q3 2019	Nov 7, 2019	$1.12B+2%	156	SEC ↗
Q2 2019	Aug 8, 2019	$1.10B−4%	161	SEC ↗
Q1 2019	May 10, 2019	$1.14B+12%	162	SEC ↗
Q4 2018	Feb 8, 2019	$1.02B−20%	158	SEC ↗
Q3 2018	Nov 14, 2018	$1.27B+3%	170	SEC ↗
Q2 2018	Aug 8, 2018	$1.24B+5%	163	SEC ↗
Q1 2018	Apr 9, 2018	$1.18B+1%	155	SEC ↗
Q4 2017	Feb 7, 2018	$1.17B+2%	156	SEC ↗
Q3 2017	Nov 6, 2017	$1.15B+4%	163	SEC ↗
Q2 2017	Aug 10, 2017	$1.11B+5%	162	SEC ↗
Q1 2017	May 9, 2017	$1.06B+3%	168	SEC ↗
Q4 2016	Feb 13, 2017	$1.03B+8%	168	SEC ↗
Q3 2016	Nov 10, 2016	$953.0M+16%	174	SEC ↗
Q2 2016	Aug 9, 2016	$820.6M−4%	174	SEC ↗
Q1 2016	May 12, 2016	$858.8M	180	SEC ↗