Paradigm Capital Management, Inc. is an SEC-registered investment adviser based in Albany, NY that reports managing 2 hedge funds on Form ADV. It reports $2.4 billion in regulatory assets under management. Its private funds, of all types, hold $869.3 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +7.3% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +22.1% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $2.4 billionForm ADV Item 5.F
- Gross assets of private funds
- $869.3 millionAll private fund types, Form ADV
- Hedge funds managed
- 22 private funds in total
- Employees
- 12Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 107982
- Latest Form ADV
- 03/31/2026Disciplinary disclosures: yes, see SEC record
Estimated 13F portfolio performance
Estimated by AltMountain, derived from the firm’s public Form 13F filings. Not reported by the firm and not the return of any fund.
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +5.3% | +14.8% |
| Q1 2026 | +1.9% | -4.6% |
| Q4 2025 | +2.5% | +2.4% |
| Q3 2025 | +5.4% | +7.8% |
| Q2 2025 | +1.5% | +10.4% |
| Q1 2025 | +1.7% | -4.5% |
| Q4 2024 | -1.3% | +2.1% |
| Q3 2024 | +3.5% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Manager of this firm? Report your fund’s actual net return, or email hello@altmountain.com to correct or remove this estimate. Removal requests from the firm are honored.
13F holdings as of Sep 30, 2026
The 50 largest of 113 share positions ($3,168,249,054) reported by Paradigm Capital Management, LLC/NV on Form 13F for the quarter ended Sep 30, 2026, filed Nov 13, 2026. Shown as filed with the SEC. Original filing on SEC.gov ↗ The estimated return above runs through Jun 30, 2026; it is updated when the SEC publishes its complete data for the quarter.
| Stock | Value | % of 13F portfolio | Shares | Shares vs prior quarter |
|---|---|---|---|---|
| Onto Innovation Inc | $337,967,583 | 10.67% | 1,097,939 | New |
| Broadcom Inc | $284,112,710 | 8.97% | 809,000 | New |
| Modine MFG Co | $271,888,906 | 8.58% | 1,452,398 | New |
| Fabrinet | $225,075,235 | 7.10% | 530,500 | New |
| Jabil Inc | $158,719,638 | 5.01% | 553,300 | New |
| Insight Enterprises Inc | $142,845,216 | 4.51% | 913,800 | New |
| Ducommun Inc Del | $132,171,570 | 4.17% | 770,500 | New |
| Veeco Instrs Inc Del | $107,495,228 | 3.39% | 2,071,199 | New |
| Extreme Networks Inc | $92,846,325 | 2.93% | 4,328,500 | New |
| Entegris Inc | $80,681,222 | 2.55% | 523,700 | New |
| Enersys | $80,257,669 | 2.53% | 437,300 | New |
| Globus Med Inc | $70,068,875 | 2.21% | 935,499 | New |
| Calix Inc | $58,621,596 | 1.85% | 1,706,100 | New |
| Ensign Group Inc | $58,256,228 | 1.84% | 338,699 | New |
| Pennant Group Inc | $52,057,200 | 1.64% | 1,334,800 | New |
| Integra Lifesciences Hldgs C | $50,420,755 | 1.59% | 3,097,098 | New |
| Ultra Clean Hldgs Inc | $49,300,692 | 1.56% | 608,200 | New |
| Cohu Inc | $38,417,264 | 1.21% | 563,799 | New |
| Natera Inc | $37,363,224 | 1.18% | 90,400 | New |
| Penguin Solutions Inc | $36,308,691 | 1.15% | 663,900 | New |
| Dentsply Sirona Inc | $35,349,628 | 1.12% | 3,989,800 | New |
| Masterbrand Inc | $33,429,900 | 1.06% | 4,775,700 | New |
| Lumentum Hldgs Inc | $32,634,336 | 1.03% | 33,600 | +8,718.90% |
| Kratos Defense & Sec Solutio | $32,004,693 | 1.01% | 749,700 | New |
| Orthofix Med Inc | $30,995,590 | 0.98% | 3,293,899 | New |
| Enovis Corporation | $30,256,910 | 0.95% | 1,656,098 | New |
| Build-a-bear Workshop Inc | $28,409,324 | 0.90% | 1,133,200 | New |
| Cerence Inc | $25,706,610 | 0.81% | 3,283,092 | New |
| Quidelortho Corp | $25,193,762 | 0.80% | 2,390,300 | New |
| Si Bone Inc | $23,090,160 | 0.73% | 1,228,200 | New |
| Adtran Holdings Inc | $21,389,449 | 0.68% | 3,129,400 | New |
| Mimedx Group Inc | $21,227,698 | 0.67% | 4,555,300 | New |
| Adapthealth Corp | $20,444,436 | 0.65% | 3,624,900 | New |
| Teradyne Inc | $19,504,272 | 0.62% | 48,650 | New |
| Revvity Inc | $19,118,895 | 0.60% | 125,050 | New |
| J Jill Inc | $19,082,636 | 0.60% | 783,038 | New |
| Marvell Technology Inc | $18,917,436 | 0.60% | 71,600 | New |
| TD Synnex Corporation | $18,306,727 | 0.58% | 71,274 | New |
| Kulicke & Soffa Inds Inc | $18,107,782 | 0.57% | 192,125 | New |
| Emcor Group Inc | $16,353,571 | 0.52% | 21,675 | New |
| Radnet Inc | $14,877,252 | 0.47% | 215,800 | New |
| Alphatec Hldgs Inc | $14,626,536 | 0.46% | 1,417,300 | New |
| Sensient Technologies Corp | $14,166,780 | 0.45% | 108,375 | New |
| Skyworks Solutions Inc | $13,377,620 | 0.42% | 156,500 | New |
| Zurn Elkay Water Solns Corp | $12,351,726 | 0.39% | 265,800 | New |
| Bath & Body Works Inc | $12,347,552 | 0.39% | 775,600 | New |
| Wesco Intl Inc | $10,787,700 | 0.34% | 30,000 | New |
| Boise Cascade Co Del | $10,527,446 | 0.33% | 141,975 | New |
| Garmin LTD | $10,440,976 | 0.33% | 36,400 | New |
| A10 Networks Inc | $10,429,217 | 0.33% | 384,700 | New |
Changes since Jun 30, 2026
Comparing the share counts in the two quarter-end filings: 109 new positions, 61 sold out, 3 increased, 1 reduced and 0 unchanged.
New positions
| Stock | Value | Shares |
|---|---|---|
| Onto Innovation Inc | $337,967,583 | 1,097,939 |
| Broadcom Inc | $284,112,710 | 809,000 |
| Modine MFG Co | $271,888,906 | 1,452,398 |
| Fabrinet | $225,075,235 | 530,500 |
| Jabil Inc | $158,719,638 | 553,300 |
| Insight Enterprises Inc | $142,845,216 | 913,800 |
| Ducommun Inc Del | $132,171,570 | 770,500 |
| Veeco Instrs Inc Del | $107,495,228 | 2,071,199 |
| Extreme Networks Inc | $92,846,325 | 4,328,500 |
| Entegris Inc | $80,681,222 | 523,700 |
| Enersys | $80,257,669 | 437,300 |
| Globus Med Inc | $70,068,875 | 935,499 |
| Calix Inc | $58,621,596 | 1,706,100 |
| Ensign Group Inc | $58,256,228 | 338,699 |
| Pennant Group Inc | $52,057,200 | 1,334,800 |
| Integra Lifesciences Hldgs C | $50,420,755 | 3,097,098 |
| Ultra Clean Hldgs Inc | $49,300,692 | 608,200 |
| Cohu Inc | $38,417,264 | 563,799 |
| Natera Inc | $37,363,224 | 90,400 |
| Penguin Solutions Inc | $36,308,691 | 663,900 |
Sold out
| Stock | Value at Jun 30, 2026 | Shares held then |
|---|---|---|
| Vanguard Specialized Funds | $13,693,000 | 57,871 |
| J P Morgan Exchange Traded F | $13,230,000 | 261,625 |
| Vanguard Whitehall FDS | $9,683,000 | 61,271 |
| Schwab Strategic TR | $4,817,000 | 151,922 |
| Vanguard World FD | $4,503,000 | 15,061 |
| Berkshire Hathaway Inc Del | $4,353,000 | 8,699 |
| Merck & Co Inc | $3,609,000 | 28,084 |
| Alphabet Inc | $3,573,000 | 10,113 |
| Jpmorgan Chase & Co | $3,545,000 | 10,831 |
| Verizon Communications Inc | $2,814,000 | 66,473 |
| Apple Inc | $2,700,000 | 9,330 |
| Kinder Morgan Inc Del | $2,400,000 | 75,056 |
| Altria Group Inc | $2,262,000 | 31,436 |
| Microsoft Corp | $2,249,000 | 6,029 |
| Schwab Strategic TR | $2,063,000 | 60,966 |
| Chevron Corporation | $2,045,000 | 12,336 |
| Bank Of Amer Corp | $1,870,000 | 32,819 |
| Invesco QQQ TR | $1,820,000 | 2,471 |
| US Bancorp | $1,688,000 | 27,945 |
| Exxon Mobil Corp | $1,644,000 | 12,023 |
Largest increases
| Stock | Change in shares | Change | Value now | Shares now |
|---|---|---|---|---|
| Lumentum Hldgs Inc | +33,219 | +8,718.90% | $32,634,336 | 33,600 |
| Johnson & Johnson | +19,100 | +235.80% | $7,200,928 | 27,200 |
| Applied Matls Inc | +510 | +34.23% | $1,022,760 | 2,000 |
Largest reductions
| Stock | Change in shares | Change | Value now | Shares now |
|---|---|---|---|---|
| Pfizer Inc | -10,299 | -47.46% | $325,128 | 11,400 |
Each list shows up to 20 positions, largest first by dollar amount. Changes compare two quarter-end snapshots, with the earlier share count adjusted for stock splits AltMountain detected. They do not show when, or at what price, anything was bought or sold.
From public Form 13F filings, not verified. Form 13F is filed up to 45 days after the quarter ends, so positions may have changed. It lists only certain long positions in U.S.-listed stocks and exchange-traded funds; options are not shown here, and short positions, most bonds, cash, non-U.S. securities and private investments are not reported at all, so a holding may be one side of a hedge. A filing covers the manager as a whole, not any single fund, and filings contain errors. This is not investment advice or a recommendation to buy or sell any security. Disclosures
Hedge funds filing Form D (1)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (2)
As reported in the adviser's Form ADV filed Jul 25, 2024. Funds also listed from Form D are shown above.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures