JAG CAPITAL MANAGEMENT, LLC

ST LOUIS, MO · CIK 1080374 · 13F filing filed 2023-09-07

SEC-registered investment adviser since 2011 · limited liability company

Assets managed$1.9bn
Staff21 · 13 in investment roles
Main clients (by assets)Charities 28%, High net worth individuals 18%, Pension plans 12%
Main officeSt. Louis, MO
Form ADV · 2026-05-21SEC adviser record

Legal entityJAG CAPITAL MANAGEMENT LLC (US)

Kindinstitutions, futures
Others nearbySaint Louis, MO, Minneapolis, MN

As an employer

Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
St. Louis, MO (main office)United States	United States	about 12
Edina, MNUnited States	United States	1

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$773.3m reported value +12.2% vs Q4 2022

173positions

34.4%in top 10

24 new 73 added 59 reduced 18 sold out vs Q4 2022

Options: 4 call positions ($185.7k notional), 1 put positions ($61.2k notional) – listed below, not included above.

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	170,832	$49.3m6.37%	6.37%	Added +1.6k	+1,557 0.9%
2	APPLE INC COM AAPL	AAPL	265,780	$43.8m5.67%	5.67%	Reduced -314	-314 -0.1%
3	MASTERCARD INCORPORATED CL A MA	MA	75,703	$27.5m3.56%	3.56%	Added +1.0k	+1,008 1.4%
4	AMAZON COM INC COM AMZN	AMZN	229,670	$23.7m3.07%	3.07%	Reduced -6.9k	-6,941 -2.9%
5	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	88,611	$22.6m2.93%	2.93%	Added +1.2k	+1,200 1.4%
6	ALPHABET INC CAP STK CL A GOOGL	GOOGL	216,145	$22.4m2.90%	2.90%	Reduced -2.6k	-2,552 -1.2%
7	ADOBE INC COM ADBE	ADBE	56,576	$21.8m2.82%	2.82%	Added +51	+51 0.1%
8	GARTNER INC COM IT	IT	57,102	$18.6m2.41%	2.41%	Added +141	+141 0.2%
9	COSTCO WHSL CORP NEW COM COST	COST	37,163	$18.5m2.39%	2.39%	Reduced -615	-615 -1.6%
10	LULULEMON ATHLETICA INC COM LULU	LULU	49,581	$18.1m2.34%	2.34%	Reduced -883	-883 -1.8%
11	QUANTA SVCS INC COM PWR	PWR	107,242	$17.9m2.31%	2.31%	Reduced -30.3k	-30,330 -22.1%
12	THE TRADE DESK INC COM CL A TTD	TTD	291,559	$17.8m2.30%	2.30%	Reduced -3.4k	-3,399 -1.1%
13	ON SEMICONDUCTOR CORP COM ON	ON	204,040	$16.8m2.17%	2.17%	Added +635	+635 0.3%
14	META PLATFORMS INC CL A META	META	77,043	$16.3m2.11%	2.11%	New
15	DECKERS OUTDOOR CORP COM DECK	DECK	36,071	$16.2m2.10%	2.10%	Added +238	+238 0.7%
16	BROADCOM INC COM AVGO	AVGO	24,020	$15.4m1.99%	1.99%	Added +9.0k	+9,038 60.3%
17	ACTIVISION BLIZZARD INC COM ATVI	ATVI	171,472	$14.7m1.90%	1.90%	Added +13.6k	+13,599 8.6%
18	MARKEL GROUP INC COM MKL	MKL	11,266	$14.4m1.86%	1.86%	Added +7	+7 0.1%
19	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	43,463	$13.7m1.77%	1.77%	Reduced -588	-588 -1.3%
20	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	142,997	$13.3m1.72%	1.72%	New
21	SALESFORCE INC COM CRM	CRM	66,412	$13.3m1.72%	1.72%	Added +43.8k	+43,820 194.0%
22	SERVICENOW INC COM NOW	NOW	28,337	$13.2m1.70%	1.70%	Added +15.4k	+15,409 119.2%
23	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	21,354	$12.3m1.59%	1.59%	Reduced -13.5k	-13,526 -38.8%
24	TRACTOR SUPPLY CO COM TSCO	TSCO	51,703	$12.2m1.57%	1.57%	Added +3.1k	+3,072 6.3%
25	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	57,618	$12.1m1.57%	1.57%	Added +54.0k	+53,980 1483.8%
26	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	13,670	$11.6m1.50%	1.50%	Reduced -44	-44 -0.3%
27	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	13,882	$9.4m1.22%	1.22%	Added +974	+974 7.5%
28	DEXCOM INC COM DXCM	DXCM	79,901	$9.3m1.20%	1.20%	Reduced -51	-51 -0.1%
29	DEERE & CO COM DE	DE	22,106	$9.1m1.18%	1.18%	Reduced -17.4k	-17,350 -44.0%
30	HOME DEPOT INC COM HD	HD	29,858	$8.8m1.14%	1.14%	Reduced -862	-862 -2.8%
31	LINDE PLC SHS LIN	LIN	23,982	$8.4m1.09%	1.09%	Added +23.3k	+23,282 3326.0%
32	ELI LILLY & CO COM LLY	LLY	24,509	$8.4m1.09%	1.09%	Reduced -13.4k	-13,367 -35.3%
33	COPART INC COM CPRT	CPRT	101,789	$7.7m0.99%	0.99%	New
34	WASTE MGMT INC DEL COM WM	WM	45,244	$7.4m0.95%	0.95%	Added +1.8k	+1,844 4.2%
35	TESLA INC COM TSLA	TSLA	34,324	$7.1m0.92%	0.92%	Added +4.4k	+4,393 14.7%
36	NVIDIA CORPORATION COM NVDA	NVDA	23,872	$6.6m0.86%	0.86%	Reduced -601	-601 -2.5%
37	ADVANCED MICRO DEVICES INC COM AMD	AMD	61,623	$6.0m0.78%	0.78%	Added +50.6k	+50,643 461.2%
38	S&P GLOBAL INC COM SPGI	SPGI	16,797	$5.8m0.75%	0.75%	Added +349	+349 2.1%
39	MCKESSON CORP COM MCK	MCK	16,071	$5.7m0.74%	0.74%	Reduced -22.4k	-22,390 -58.2%
40	ALPHABET INC CAP STK CL C GOOG	GOOG	47,567	$4.9m0.64%	0.64%	Added +3.0k	+2,959 6.6%
41	TARGET CORP COM TGT	TGT	28,951	$4.8m0.62%	0.62%	Reduced -1.7k	-1,730 -5.6%
42	VULCAN MATLS CO COM VMC	VMC	25,906	$4.4m0.57%	0.57%	Reduced -695	-695 -2.6%
43	APPLIED MATLS INC COM AMAT	AMAT	35,447	$4.4m0.56%	0.56%	Added +430	+430 1.2%
44	AMERICAN EXPRESS CO COM AXP	AXP	26,251	$4.3m0.56%	0.56%	Reduced -511	-511 -1.9%
45	UNION PAC CORP COM UNP	UNP	20,758	$4.2m0.54%	0.54%	Added +684	+684 3.4%
46	LOWES COS INC COM LOW	LOW	19,476	$3.9m0.50%	0.50%	Added +1.1k	+1,106 6.0%
47	PEPSICO INC COM PEP	PEP	21,286	$3.9m0.50%	0.50%	Reduced -991	-991 -4.5%
48	PROCTER AND GAMBLE CO COM PG	PG	25,356	$3.8m0.49%	0.49%	Reduced -504	-504 -1.9%
49	EPAM SYS INC COM EPAM	EPAM	12,251	$3.7m0.47%	0.47%	Added +75	+75 0.6%
50	FISERV INC COM FISV	FISV	31,684	$3.6m0.46%	0.46%	Added +799	+799 2.6%
51	IDEXX LABS INC COM IDXX	IDXX	6,799	$3.4m0.44%	0.44%	Added +4.7k	+4,743 230.7%
52	UNITED RENTALS INC COM URI	URI	8,463	$3.3m0.43%	0.43%	Added +427	+427 5.3%
53	T-MOBILE US INC COM TMUS	TMUS	22,541	$3.3m0.42%	0.42%	Added +519	+519 2.4%
54	DISNEY WALT CO COM DIS	DIS	30,461	$3.1m0.39%	0.39%	Added +1.2k	+1,157 4.0%
55	DICKS SPORTING GOODS INC COM DKS	DKS	20,523	$2.9m0.38%	0.38%	Added +1.3k	+1,289 6.7%
56	UNITEDHEALTH GROUP INC COM UNH	UNH	6,117	$2.9m0.37%	0.37%	Reduced -19.0k	-19,008 -75.7%
57	CISCO SYS INC COM CSCO	CSCO	54,414	$2.8m0.37%	0.37%	Added +2.4k	+2,407 4.6%
58	PAYPAL HLDGS INC COM PYPL	PYPL	34,490	$2.6m0.34%	0.34%	Reduced -3.0k	-3,020 -8.1%
59	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	11,755	$2.6m0.34%	0.34%	Reduced -649	-649 -5.2%
60	QUALCOMM INC COM QCOM	QCOM	20,290	$2.6m0.33%	0.33%	Reduced -1.3k	-1,334 -6.2%
61	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	8,908	$2.5m0.33%	0.33%	Reduced -431	-431 -4.6%
62	BLACKSTONE INC COM BX	BX	28,889	$2.5m0.33%	0.33%	Added +659	+659 2.3%
63	STARBUCKS CORP COM SBUX	SBUX	24,030	$2.5m0.32%	0.32%	Added +1.1k	+1,053 4.6%
64	ELEVANCE HEALTH INC COM ELV	ELV	5,414	$2.5m0.32%	0.32%	Reduced -203	-203 -3.6%
65	NETFLIX INC COM NFLX	NFLX	6,997	$2.4m0.31%	0.31%	Reduced -30	-30 -0.4%
66	CUMMINS INC COM CMI	CMI	10,035	$2.4m0.31%	0.31%	Added +376	+376 3.9%
67	COLGATE PALMOLIVE CO COM CL	CL	30,832	$2.3m0.30%	0.30%	Added +1.5k	+1,544 5.3%
68	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	7,359	$2.3m0.29%	0.29%	Added +125	+125 1.7%
69	COCA COLA CO COM KO	KO	35,921	$2.2m0.29%	0.29%	Reduced -1.3k	-1,309 -3.5%
70	FEDEX CORP COM FDX	FDX	9,626	$2.2m0.28%	0.28%	Added +624	+624 6.9%
71	AGCO CORP COM AGCO	AGCO	15,757	$2.1m0.28%	0.28%	Added +5.7k	+5,697 56.6%
72	CATERPILLAR INC COM CAT	CAT	9,082	$2.1m0.27%	0.27%	Added +105	+105 1.2%
73	SIMMONS 1ST NATL CORP CL A $1 PAR SFNC	SFNC	118,485	$2.1m0.27%	0.27%	Added +1.0k	+1,005 0.9%
74	REGIONS FINANCIAL CORP NEW COM RF	RF	110,284	$2.0m0.26%	0.26%	Added +6.2k	+6,212 6.0%
75	ASTRAZENECA PLC SPONSORED ADR SPONSORED ADR		27,979	$1.9m0.25%	0.25%	Added +14.0k	+13,995 100.1%
76	ABBVIE INC COM ABBV	ABBV	12,139	$1.9m0.25%	0.25%	Reduced -103	-103 -0.8%
77	AMERICAN TOWER CORP NEW COM AMT	AMT	9,412	$1.9m0.25%	0.25%	Reduced -6.9k	-6,874 -42.2%
78	GALLAGHER ARTHUR J & CO COM AJG	AJG	9,891	$1.9m0.24%	0.24%	Added +91	+91 0.9%
79	PNC FINL SVCS GROUP INC COM PNC	PNC	14,235	$1.8m0.23%	0.23%	Added +251	+251 1.8%
80	LABORATORY CORP AMER HLDGS COM NEW COM NEW		7,569	$1.7m0.22%	0.22%	Added +267	+267 3.7%
81	ABBOTT LABS COM ABT	ABT	17,014	$1.7m0.22%	0.22%	Reduced -165	-165 -1.0%
82	CHUBB LIMITED COM CB	CB	8,802	$1.7m0.22%	0.22%	Reduced -73	-73 -0.8%
83	WP CAREY INC COM WPC	WPC	21,746	$1.7m0.22%	0.22%	Added +723	+723 3.4%
84	SYNCHRONY FINANCIAL COM SYF	SYF	57,258	$1.7m0.22%	0.22%	Added +3.4k	+3,355 6.2%
85	TEXAS INSTRS INC COM TXN	TXN	8,824	$1.6m0.21%	0.21%	Reduced -1.2k	-1,204 -12.0%
86	JOHNSON CTLS INTL PLC SHS JCI	JCI	22,563	$1.4m0.18%	0.18%	Added +435	+435 2.0%
87	ALASKA AIR GROUP INC COM ALK	ALK	32,321	$1.4m0.18%	0.18%	Added +1.9k	+1,854 6.1%
88	BALL CORP COM BALL	BALL	24,186	$1.3m0.17%	0.17%	Reduced -141	-141 -0.6%
89	SHERWIN WILLIAMS CO COM SHW	SHW	5,709	$1.3m0.17%	0.17%	Added +1	+1 0.0%
90	GILEAD SCIENCES INC COM GILD	GILD	15,274	$1.3m0.16%	0.16%	Reduced -1.3k	-1,332 -8.0%
91	EDWARDS LIFESCIENCES CORP COM EW	EW	14,621	$1.2m0.16%	0.16%	Unchanged
92	ISHARES TR SELECT DIVID ETF DVY	DVY	10,050	$1.2m0.15%	0.15%	Reduced -4.1k	-4,109 -29.0%
93	QUEST DIAGNOSTICS INC COM DGX	DGX	8,250	$1.2m0.15%	0.15%	Reduced -124	-124 -1.5%
94	NUCOR CORP COM NUE	NUE	7,318	$1.1m0.15%	0.15%	New
95	UNITED PARCEL SERVICE INC CL B UPS	UPS	5,683	$1.1m0.14%	0.14%	Reduced -619	-619 -9.8%
96	CHEMED CORP NEW COM CHE	CHE	2,000	$1.1m0.14%	0.14%	Unchanged
97	BROOKFIELD INFRASTRUCTURE CO COM SB VTG SHS A COM SB VTG SHS A		23,227	$1.1m0.14%	0.14%	Reduced -362	-362 -1.5%
98	AXON ENTERPRISE INC COM AXON	AXON	4,723	$1.1m0.14%	0.14%	Added +2.0k	+2,045 76.4%
99	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	22,870	$1.0m0.13%	0.13%	Unchanged
100	MCDONALDS CORP COM MCD	MCD	3,670	$1.0m0.13%	0.13%	Reduced -840	-840 -18.6%

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
CHIPOTLE MEXICAN GRILL INC CMG	CMG	7,024	$9.7m7.0k shares
CHENIERE ENERGY INC LNG	LNG	36,759	$5.5m36.8k shares
REGENERON PHARMACEUTICALS REGN	REGN	6,424	$4.6m6.4k shares
DOLLAR GEN CORP NEW DG	DG	13,359	$3.3m13.4k shares
SBA COMMUNICATIONS CORP NEW SBAC	SBAC	8,415	$2.4m8.4k shares
STERIS PLC STE	STE	4,038	$745.8k4.0k shares
AIR PRODS & CHEMS INC APD	APD	1,698	$523.4k1.7k shares
ISHARES TR IWF	IWF	2,253	$482.7k2.3k shares
CVS HEALTH CORP CVS	CVS	4,458	$415.5k4.5k shares
CANADIAN NATL RY CO CNI	CNI	3,195	$379.8k3.2k shares
PARKER-HANNIFIN CORP PH	PH	1,130	$328.8k1.1k shares
BECTON DICKINSON & CO BDX	BDX	1,206	$306.7k1.2k shares
ETSY INC ETSY	ETSY	2,350	$281.5k2.4k shares
NORFOLK SOUTHN CORP NSC	NSC	900	$221.8k900 shares
TRITON INTL LTD TRTN	TRTN	3,125	$214.9k3.1k shares
GLOBANT S A GLOB	GLOB	1,221	$205.3k1.2k shares
TJX COS INC NEW TJX	TJX	2,574	$204.9k2.6k shares
CASS INFORMATION SYS INC CASS	CASS	4,374	$200.4k4.4k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
AMAZON COM INC AMZN · Call	AMZN	Call	1,000	$103.3k1.0k shares	New
PFIZER INC PFE · Put	PFE	Put	1,500	$61.2k1.5k shares	Added
BANK AMERICA CORP BAC · Call	BAC	Call	2,000	$57.2k2.0k shares	Reduced
BOEING CO BA · Call	BA	Call	100	$21.2k100 shares	Reduced
PERION NETWORK LTD PERI · Call	PERI	Call	100	$4.0k100 shares	New