13F filer · CIK 1037792 ↗
Paradigm Capital Management Inc
You are looking at Q1 2024. See the latest, Q2 2026 →
Reported value
$2.09B
+8.6% on the quarter before
Positions
131
6 new · 6 sold out
Top 10
49.9%
of the value
Est. gain
+$146.8M
on stocks held all quarter
Est. return
+8.1%
on those stocks since Q4 2023
Positions as of Mar 31, 2024, 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 Q4 2023. Striped tiles are options.
Largest buys
Since Q4 2023, 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.
- Axcelis Technologies~$29.9MAdded · 0.4% → 1.8%+267,800 shares
- Cerence~$17.6MAdded · 0.6% → 1.3%+1,119,988 shares
- Orthofix International Nv~$14.7MAdded · 0.7% → 1.4%+1,010,663 shares
- Si-Bone, Inc.~$11.1MAdded · 0.4% → 0.8%+678,300 shares
- R1 Rcm, Inc New~$8.0MAdded · 2.1% → 2.7%+620,200 shares
- Angiodynamics, Inc.~$6.3MNew · 0.0% → 0.3%+1,079,100 shares
- Cambium Networks Corporation~$4.6MAdded · 0.3% → 0.4%+1,066,871 shares
- Aviat Networks Inc Com New~$4.5MAdded · 1.5% → 1.8%+118,088 shares
- Mimedx~$3.7MAdded · 1.6% → 1.4%+478,100 shares
- Ribbon Communications Inc~$3.4MAdded · 1.4% → 1.6%+1,073,800 shares
Largest sells
Since Q4 2023, 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~$41.9MCut · 1.7% → 0.1%−691,700 shares
- Ultra Clean Holdings Inc~$32.8MCut · 2.4% → 1.4%−714,833 shares
- Modine~$31.4MCut · 6.2% → 7.6%−329,500 shares
- Citi Trends, Inc.~$5.1MCut · 1.2% → 0.8%−188,948 shares
- Enersys~$4.5MCut · 2.4% → 1.9%−47,600 shares
- Organon & Co.~$3.8MSold out · 0.2% → 0.0%−260,600 shares
- Westrock Co~$3.4MCut · 1.0% → 0.9%−68,943 shares
- Onto Innovation~$3.4MCut · 9.3% → 10.0%−18,550 shares
- Emcor~$2.1MCut · 0.5% → 0.6%−6,100 shares
- Omnicell Inc~$2.0MSold out · 0.1% → 0.0%−52,000 shares
Holdings
As of Mar 31, 2024. Changes are in shares against Dec 31, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Onto InnovationCOM · shares −1.6% · price +18.4% | 10.0% | $208.3M | +$32.4M | ||||||||
| ModineCOM · shares −16% · price +59.4% | 7.6% | $159.0M | +$59.3M | ||||||||
| Insight EnterprisesCOM · shares −0.6% · price +4.7% | 5.3% | $111.2M | +$5.0M | ||||||||
| BroadcomCOM · shares 0% · price +18.7% | 5.1% | $107.2M | +$16.9M | ||||||||
| FabrinetCOM · shares 0% · price −0.7% | 4.9% | $102.1M | −$707,269 | ||||||||
| JabilCOM · shares −1.6% · price +5.1% | 3.7% | $77.1M | +$3.8M | ||||||||
| EntegrisCOM · shares −1.1% · price +17.3% | 3.6% | $75.0M | +$11.1M | ||||||||
| Ducommun IncCOM · shares −1.5% · price −1.5% | 3.4% | $71.8M | −$1.1M | ||||||||
| Veeco InstrumentsCOM · shares −1.9% · price +13.3% | 3.3% | $69.5M | +$8.2M | ||||||||
| Extreme NetworksCOM · shares +2.8% · price −34.6% | 2.9% | $61.4M | −$31.6M | ||||||||
| R1 Rcm, Inc NewCOM · shares +16% · price +21.9% | 2.7% | $57.3M | +$8.9M | ||||||||
| Globus MedicalCOM · shares +2.0% · price +0.7% | 2.6% | $54.3M | +$347,130 | ||||||||
| Ensign Group, Inc.COM · shares −2.5% · price +10.9% | 2.1% | $43.6M | +$4.3M | ||||||||
| Calix IncCOM · shares 0% · price −24.1% | 1.9% | $40.5M | −$12.9M | ||||||||
| EnersysCOM · shares −10% · price −6.4% | 1.9% | $39.0M | −$2.7M | ||||||||
| Aviat Networks Inc Com NewCOM · shares +13% · price +17.4% | 1.8% | $38.4M | +$5.0M | ||||||||
| Summit Materials, Inc. Class ACOM · shares −2.0% · price +15.9% | 1.8% | $37.8M | +$5.2M | ||||||||
| Axcelis TechnologiesCOM · shares +432% · price −14.0% | 1.8% | $36.8M | −$1.1M | ||||||||
| Enviri CorpCOM · shares +2.5% · price +1.7% | 1.7% | $34.6M | +$552,810 | ||||||||
| Ribbon Communications IncCOM · shares +12% · price +10.3% | 1.6% | $32.4M | +$2.7M | ||||||||
| Infinera CorpCOM · shares +2.0% · price +26.9% | 1.5% | $30.3M | +$6.3M | ||||||||
| Ultra Clean Holdings IncCOM · shares −52% · price +34.6% | 1.4% | $30.2M | +$7.8M | ||||||||
| MimedxCOM · shares +14% · price −12.2% | 1.4% | $30.1M | −$3.7M | ||||||||
| Caleres IncCOM · shares 0% · price +33.5% | 1.4% | $29.5M | +$7.4M | ||||||||
| Orthofix International NvCOM · shares +108% · price +7.7% | 1.4% | $28.3M | +$973,752 | ||||||||
| Total · 131 positions | 100% | $2.09B | +$146.8M |
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 2023 to Q1 2024: 125 stocks held throughout, up $146.8M (+8.1%).
- Modine+$59.3M+59%
- Onto Innovation+$32.4M+18%
- Broadcom+$16.9M+19%
- Entegris+$11.1M+17%
- R1 Rcm, Inc New+$8.9M+22%
- Mimedx−$3.7M−12%
- Comtech Telecommunications Cor−$5.5M−59%
- Concentrix Corp−$8.8M−33%
- Calix Inc−$12.9M−24%
- Extreme Networks−$31.6M−35%
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 ↗ |