JAG CAPITAL MANAGEMENT, LLC

ST LOUIS, MO · CIK 1080374 · 13F filing filed 2023-11-15

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)

$828.5m reported value -4.2% vs Q2 2023

171positions

38.2%in top 10

10 new 68 added 65 reduced 15 sold out vs Q2 2023

Options: 6 call positions ($593.4k notional), 1 put positions ($33.2k notional) – listed below, not included above.

Holdings, Q3 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	168,678	$53.3m6.43%	6.43%	Added +1.0k	+1,013 0.6%
2	APPLE INC COM AAPL	AAPL	252,122	$43.2m5.21%	5.21%	Reduced -5.9k	-5,865 -2.3%
3	AMAZON COM INC COM AMZN	AMZN	324,710	$41.3m4.98%	4.98%	Added +50.4k	+50,395 18.4%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	245,115	$32.1m3.87%	3.87%	Reduced -8.9k	-8,854 -3.5%
5	MASTERCARD INCORPORATED CL A MA	MA	76,245	$30.2m3.64%	3.64%	Added +2.5k	+2,457 3.3%
6	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	86,041	$25.1m3.04%	3.04%	Reduced -876	-876 -1.0%
7	THE TRADE DESK INC COM CL A TTD	TTD	300,907	$23.5m2.84%	2.84%	Reduced -1.7k	-1,672 -0.6%
8	META PLATFORMS INC CL A META	META	78,307	$23.5m2.84%	2.84%	Reduced -1.4k	-1,449 -1.8%
9	SERVICENOW INC COM NOW	NOW	39,510	$22.1m2.67%	2.67%	Added +180	+180 0.5%
10	LULULEMON ATHLETICA INC COM LULU	LULU	57,078	$22.0m2.66%	2.66%	Added +10.1k	+10,055 21.4%
11	COSTCO WHSL CORP NEW COM COST	COST	35,828	$20.2m2.44%	2.44%	Reduced -894	-894 -2.4%
12	BROADCOM INC COM AVGO	AVGO	23,848	$19.8m2.39%	2.39%	Reduced -188	-188 -0.8%
13	MARKEL GROUP INC COM MKL	MKL	12,250	$18.0m2.18%	2.18%	Added +1.1k	+1,108 9.9%
14	DECKERS OUTDOOR CORP COM DECK	DECK	34,771	$17.9m2.16%	2.16%	Reduced -1.2k	-1,179 -3.3%
15	NVIDIA CORPORATION COM NVDA	NVDA	40,743	$17.7m2.14%	2.14%	Added +21.8k	+21,837 115.5%
16	ELI LILLY & CO COM LLY	LLY	31,910	$17.1m2.07%	2.07%	Added +852	+852 2.7%
17	UBER TECHNOLOGIES INC COM UBER	UBER	371,047	$17.1m2.06%	2.06%	Added +104.0k	+103,959 38.9%
18	ADVANCED MICRO DEVICES INC COM AMD	AMD	149,997	$15.4m1.86%	1.86%	Reduced -2.5k	-2,518 -1.6%
19	NETFLIX INC COM NFLX	NFLX	39,990	$15.1m1.82%	1.82%	Added +311	+311 0.8%
20	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	42,186	$14.7m1.77%	1.77%	Reduced -579	-579 -1.4%
21	QUANTA SVCS INC COM PWR	PWR	77,672	$14.5m1.75%	1.75%	Reduced -28.9k	-28,908 -27.1%
22	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	60,970	$14.3m1.72%	1.72%	Added +3.3k	+3,263 5.7%
23	ON SEMICONDUCTOR CORP COM ON	ON	152,380	$14.2m1.71%	1.71%	Reduced -1.8k	-1,809 -1.2%
24	ADOBE INC COM ADBE	ADBE	27,776	$14.2m1.71%	1.71%	Reduced -2.3k	-2,329 -7.7%
25	COPART INC COM CPRT	CPRT	326,401	$14.1m1.70%	1.70%	Added +123.5k	+123,517 60.9%
26	ORACLE CORP COM ORCL	ORCL	132,399	$14.0m1.69%	1.69%	Reduced -7.0k	-6,981 -5.0%
27	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	13,308	$12.1m1.46%	1.46%	Reduced -317	-317 -2.3%
28	LINDE PLC SHS LIN	LIN	31,275	$11.6m1.41%	1.41%	Reduced -400	-400 -1.3%
29	TESLA INC COM TSLA	TSLA	34,560	$8.6m1.04%	1.04%	Reduced -1.1k	-1,083 -3.0%
30	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	146,671	$8.0m0.97%	0.97%	Added +29.4k	+29,417 25.1%
31	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	15,147	$7.7m0.93%	0.93%	Reduced -1.0k	-1,045 -6.5%
32	MCKESSON CORP COM MCK	MCK	17,260	$7.5m0.91%	0.91%	Added +1.4k	+1,382 8.7%
33	FAIR ISAAC CORP COM FICO	FICO	8,088	$7.0m0.85%	0.85%	Added +7.8k	+7,835 3096.8%
34	DEERE & CO COM DE	DE	17,718	$6.7m0.81%	0.81%	Reduced -4.6k	-4,606 -20.6%
35	S&P GLOBAL INC COM SPGI	SPGI	17,846	$6.5m0.79%	0.79%	Added +983	+983 5.8%
36	ALPHABET INC CAP STK CL C GOOG	GOOG	48,127	$6.3m0.77%	0.77%	Reduced -1.9k	-1,900 -3.8%
37	SALESFORCE INC COM CRM	CRM	23,209	$4.7m0.57%	0.57%	Reduced -64.5k	-64,491 -73.5%
38	UNION PAC CORP COM UNP	UNP	21,969	$4.5m0.54%	0.54%	Added +881	+881 4.2%
39	APPLIED MATLS INC COM AMAT	AMAT	31,499	$4.4m0.53%	0.53%	Reduced -4.6k	-4,553 -12.6%
40	AMERICAN EXPRESS CO COM AXP	AXP	27,022	$4.0m0.49%	0.49%	Added +602	+602 2.3%
41	PROCTER AND GAMBLE CO COM PG	PG	26,323	$3.8m0.46%	0.46%	Added +621	+621 2.4%
42	PEPSICO INC COM PEP	PEP	22,268	$3.8m0.46%	0.46%	Added +672	+672 3.1%
43	CISCO SYS INC COM CSCO	CSCO	69,016	$3.7m0.45%	0.45%	Added +2.2k	+2,214 3.3%
44	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	9,033	$3.7m0.45%	0.45%	Added +400	+400 4.6%
45	VISA INC COM CL A V	V	15,697	$3.6m0.44%	0.44%	Added +13.5k	+13,497 613.5%
46	LOWES COS INC COM LOW	LOW	15,724	$3.3m0.39%	0.39%	Reduced -4.0k	-4,030 -20.4%
47	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	36,711	$3.2m0.39%	0.39%	Added +948	+948 2.6%
48	IDEXX LABS INC COM IDXX	IDXX	7,232	$3.2m0.38%	0.38%	Added +200	+200 2.8%
49	BLACKSTONE INC COM BX	BX	29,401	$3.1m0.38%	0.38%	Added +1.9k	+1,877 6.8%
50	UNITED RENTALS INC COM URI	URI	6,743	$3.0m0.36%	0.36%	Added +229	+229 3.5%
51	MCDONALDS CORP COM MCD	MCD	10,970	$2.9m0.35%	0.35%	Added +7.3k	+7,300 198.9%
52	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	9,271	$2.8m0.34%	0.34%	Added +31	+31 0.3%
53	FISERV INC COM FISV	FISV	24,586	$2.8m0.34%	0.34%	Added +953	+953 4.0%
54	FEDEX CORP COM FDX	FDX	10,156	$2.7m0.32%	0.32%	Added +370	+370 3.8%
55	CATERPILLAR INC COM CAT	CAT	9,705	$2.6m0.32%	0.32%	Reduced -46	-46 -0.5%
56	DISNEY WALT CO COM DIS	DIS	32,119	$2.6m0.31%	0.31%	Added +1.2k	+1,211 3.9%
57	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	7,128	$2.5m0.30%	0.30%	Reduced -50	-50 -0.7%
58	TARGET CORP COM TGT	TGT	22,518	$2.5m0.30%	0.30%	Added +563	+563 2.6%
59	UNITEDHEALTH GROUP INC COM UNH	UNH	4,796	$2.4m0.29%	0.29%	Added +950	+950 24.7%
60	CUMMINS INC COM CMI	CMI	10,480	$2.4m0.29%	0.29%	Added +189	+189 1.8%
61	GALLAGHER ARTHUR J & CO COM AJG	AJG	10,471	$2.4m0.29%	0.29%	Reduced -59	-59 -0.6%
62	ELEVANCE HEALTH INC COM ELV	ELV	5,315	$2.3m0.28%	0.28%	Reduced -70	-70 -1.3%
63	WASTE MGMT INC DEL COM WM	WM	15,152	$2.3m0.28%	0.28%	Reduced -98	-98 -0.6%
64	COLGATE PALMOLIVE CO COM CL	CL	32,310	$2.3m0.28%	0.28%	Added +989	+989 3.2%
65	IQVIA HLDGS INC COM IQV	IQV	11,352	$2.2m0.27%	0.27%	Added +463	+463 4.2%
66	ZOETIS INC CL A ZTS	ZTS	12,670	$2.2m0.27%	0.27%	Added +519	+519 4.3%
67	DICKS SPORTING GOODS INC COM DKS	DKS	20,059	$2.2m0.26%	0.26%	Reduced -977	-977 -4.6%
68	LABORATORY CORP AMER HLDGS COM NEW COM NEW		10,774	$2.2m0.26%	0.26%	Added +427	+427 4.1%
69	COCA COLA CO COM KO	KO	37,792	$2.1m0.26%	0.26%	Added +1.3k	+1,309 3.6%
70	SIMMONS 1ST NATL CORP CL A $1 PAR SFNC	SFNC	121,073	$2.1m0.25%	0.25%	Added +1.3k	+1,330 1.1%
71	STARBUCKS CORP COM SBUX	SBUX	21,753	$2.0m0.24%	0.24%	Reduced -2.6k	-2,565 -10.6%
72	ASTRAZENECA PLC SPONSORED ADR SPONSORED ADR		29,203	$2.0m0.24%	0.24%	Reduced -101	-101 -0.3%
73	HOME DEPOT INC COM HD	HD	6,469	$2.0m0.24%	0.24%	Added +11	+11 0.2%
74	SYNCHRONY FINANCIAL COM SYF	SYF	62,001	$1.9m0.23%	0.23%	Added +3.7k	+3,718 6.4%
75	CHUBB LIMITED COM CB	CB	8,818	$1.8m0.22%	0.22%	Reduced -1	-1 -0.0%
76	GRAINGER W W INC COM GWW	GWW	2,650	$1.8m0.22%	0.22%	Reduced -45	-45 -1.7%
77	HUBBELL INC COM HUBB	HUBB	5,850	$1.8m0.22%	0.22%	Reduced -90	-90 -1.5%
78	VISTRA CORP COM VST	VST	53,487	$1.8m0.21%	0.21%	New
79	ABBVIE INC COM ABBV	ABBV	11,861	$1.8m0.21%	0.21%	Added +150	+150 1.3%
80	AGCO CORP COM AGCO	AGCO	14,800	$1.8m0.21%	0.21%	Added +224	+224 1.5%
81	ABBOTT LABS COM ABT	ABT	17,463	$1.7m0.20%	0.20%	Added +518	+518 3.1%
82	INTUIT COM INTU	INTU	3,306	$1.7m0.20%	0.20%	Added +1.2k	+1,171 54.9%
83	DEXCOM INC COM DXCM	DXCM	17,835	$1.7m0.20%	0.20%	Reduced -61.2k	-61,236 -77.4%
84	AMERICAN TOWER CORP NEW COM AMT	AMT	9,920	$1.6m0.20%	0.20%	Added +350	+350 3.7%
85	SHERWIN WILLIAMS CO COM SHW	SHW	6,149	$1.6m0.19%	0.19%	Added +3	+3 0.1%
86	TEXAS INSTRS INC COM TXN	TXN	8,824	$1.4m0.17%	0.17%	Reduced -253	-253 -2.8%
87	HERSHEY CO COM HSY	HSY	6,638	$1.3m0.16%	0.16%	Reduced -164	-164 -2.4%
88	JOHNSON CTLS INTL PLC SHS JCI	JCI	23,858	$1.3m0.15%	0.15%	Added +899	+899 3.9%
89	ALASKA AIR GROUP INC COM ALK	ALK	34,207	$1.3m0.15%	0.15%	Added +1.3k	+1,328 4.0%
90	BALL CORP COM BALL	BALL	25,393	$1.3m0.15%	0.15%	Added +796	+796 3.2%
91	GILEAD SCIENCES INC COM GILD	GILD	16,145	$1.2m0.15%	0.15%	Added +618	+618 4.0%
92	NUCOR CORP COM NUE	NUE	7,369	$1.2m0.14%	0.14%	Reduced -50	-50 -0.7%
93	LAM RESEARCH CORP COM COM		1,702	$1.1m0.13%	0.13%	Added +109	+109 6.8%
94	QUEST DIAGNOSTICS INC COM DGX	DGX	8,636	$1.1m0.13%	0.13%	Added +248	+248 3.0%
95	CHEMED CORP NEW COM CHE	CHE	2,000	$1.0m0.13%	0.13%	Unchanged
96	EDWARDS LIFESCIENCES CORP COM EW	EW	14,621	$1.0m0.12%	0.12%	Unchanged
97	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	22,870	$999.9k0.12%	0.12%	Unchanged
98	WP CAREY INC COM WPC	WPC	18,462	$998.4k0.12%	0.12%	Reduced -784	-784 -4.1%
99	VANGUARD INDEX FDS SMALL CP ETF VB	VB	5,018	$948.8k0.11%	0.11%	Unchanged
100	QUALCOMM INC COM QCOM	QCOM	8,524	$946.7k0.11%	0.11%	Reduced -7.5k	-7,497 -46.8%

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
ACTIVISION BLIZZARD INC ATVI	ATVI	168,730	$14.2m168.7k shares
PNC FINL SVCS GROUP INC PNC	PNC	14,474	$1.8m14.5k shares
UNITED PARCEL SERVICE INC UPS	UPS	5,740	$1.0m5.7k shares
ATLASSIAN CORPORATION TEAM	TEAM	5,153	$864.7k5.2k shares
GOLDMAN SACHS GROUP INC GS	GS	1,492	$481.4k1.5k shares
LIBERTY MEDIA CORP DEL FWONK	FWONK	6,155	$463.3k6.2k shares
XYLEM INC XYL	XYL	3,672	$413.6k3.7k shares
SOLAREDGE TECHNOLOGIES INC SEDG	SEDG	828	$222.8k828 shares
KENNAMETAL INC KMT	KMT	7,700	$218.6k7.7k shares
SPS COMM INC SPSC	SPSC	1,128	$216.6k1.1k shares
RH RH	RH	650	$214.2k650 shares
ISHARES TR IVW	IVW	3,015	$212.5k3.0k shares
VANGUARD INTL EQUITY INDEX F VGK	VGK	3,330	$205.5k3.3k shares
NORFOLK SOUTHN CORP NSC	NSC	900	$204.1k900 shares
INTEGRAL AD SCIENCE HLDNG CO IAS	IAS	10,138	$182.3k10.1k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
RTX CORPORATION RTX · Call	RTX	Call	3,000	$215.9k3.0k shares	New
BOEING CO BA · Call	BA	Call	1,000	$191.7k1.0k shares	New
BANK AMERICA CORP BAC · Call	BAC	Call	4,000	$109.5k4.0k shares	Added
AMAZON COM INC AMZN · Call	AMZN	Call	500	$63.6k500 shares	Unchanged
PFIZER INC PFE · Put	PFE	Put	1,000	$33.2k1.0k shares	Unchanged
TOAST INC TOST · Call	TOST	Call	500	$9.4k500 shares	New
PFIZER INC PFE · Call	PFE	Call	100	$3.3k100 shares	Unchanged