JAG CAPITAL MANAGEMENT, LLC

ST LOUIS, MO · CIK 1080374 · 13F filing filed 2024-02-08

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)

$652.4m reported value -21.3% vs Q3 2023

131positions

41.9%in top 10

21 new 39 added 61 reduced 61 sold out vs Q3 2023

Options: 2 call positions ($240.1k notional), 1 put positions ($28.8k notional) – listed below, not included above.

Holdings, Q4 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	110,543	$41.6m6.37%	6.37%	Reduced -58.1k	-58,135 -34.5%
2	APPLE INC COM AAPL	AAPL	209,864	$40.4m6.19%	6.19%	Reduced -42.3k	-42,258 -16.8%
3	AMAZON COM INC COM AMZN	AMZN	263,644	$40.1m6.14%	6.14%	Reduced -61.1k	-61,066 -18.8%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	196,656	$27.5m4.21%	4.21%	Reduced -48.5k	-48,459 -19.8%
5	META PLATFORMS INC CL A META	META	62,630	$22.2m3.40%	3.40%	Reduced -15.7k	-15,677 -20.0%
6	BROADCOM INC COM AVGO	AVGO	19,729	$22.0m3.38%	3.38%	Reduced -4.1k	-4,119 -17.3%
7	UBER TECHNOLOGIES INC COM UBER	UBER	352,061	$21.7m3.32%	3.32%	Reduced -19.0k	-18,986 -5.1%
8	SERVICENOW INC COM NOW	NOW	28,265	$20.0m3.06%	3.06%	Reduced -11.2k	-11,245 -28.5%
9	FAIR ISAAC CORP COM FICO	FICO	16,619	$19.3m2.97%	2.97%	Added +8.5k	+8,531 105.5%
10	LULULEMON ATHLETICA INC COM LULU	LULU	36,599	$18.7m2.87%	2.87%	Reduced -20.5k	-20,479 -35.9%
11	MASTERCARD INCORPORATED CL A MA	MA	43,352	$18.5m2.83%	2.83%	Reduced -32.9k	-32,893 -43.1%
12	COSTCO WHSL CORP NEW COM COST	COST	27,123	$17.9m2.74%	2.74%	Reduced -8.7k	-8,705 -24.3%
13	NVIDIA CORPORATION COM NVDA	NVDA	35,321	$17.5m2.68%	2.68%	Reduced -5.4k	-5,422 -13.3%
14	ADVANCED MICRO DEVICES INC COM AMD	AMD	112,892	$16.6m2.55%	2.55%	Reduced -37.1k	-37,105 -24.7%
15	MARKEL GROUP INC COM MKL	MKL	11,479	$16.3m2.50%	2.50%	Reduced -771	-771 -6.3%
16	NETFLIX INC COM NFLX	NFLX	33,104	$16.1m2.47%	2.47%	Reduced -6.9k	-6,886 -17.2%
17	ELI LILLY & CO COM LLY	LLY	27,570	$16.1m2.46%	2.46%	Reduced -4.3k	-4,340 -13.6%
18	ADOBE INC COM ADBE	ADBE	26,772	$16.0m2.45%	2.45%	Reduced -1.0k	-1,004 -3.6%
19	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	91,511	$14.7m2.26%	2.26%	Added +87.2k	+87,186 2015.9%
20	DECKERS OUTDOOR CORP COM DECK	DECK	21,839	$14.6m2.24%	2.24%	Reduced -12.9k	-12,932 -37.2%
21	TESLA INC COM TSLA	TSLA	52,822	$13.1m2.01%	2.01%	Added +18.3k	+18,262 52.8%
22	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	29,410	$12.0m1.83%	1.83%	Reduced -12.8k	-12,776 -30.3%
23	COPART INC COM CPRT	CPRT	238,192	$11.7m1.79%	1.79%	Reduced -88.2k	-88,209 -27.0%
24	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	42,047	$11.5m1.76%	1.76%	Reduced -18.9k	-18,923 -31.0%
25	LINDE PLC SHS LIN	LIN	24,995	$10.3m1.57%	1.57%	Reduced -6.3k	-6,280 -20.1%
26	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	9,542	$9.1m1.39%	1.39%	Reduced -3.8k	-3,766 -28.3%
27	ARISTA NETWORKS INC COM COM		33,788	$8.0m1.22%	1.22%	Added +30.7k	+30,672 984.3%
28	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	18,833	$7.6m1.17%	1.17%	Added +9.8k	+9,800 108.5%
29	ROPER TECHNOLOGIES INC COM ROP	ROP	12,737	$6.9m1.06%	1.06%	New
30	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	338,668	$5.8m0.89%	0.89%	New
31	ALPHABET INC CAP STK CL C GOOG	GOOG	39,656	$5.6m0.86%	0.86%	Reduced -8.5k	-8,471 -17.6%
32	APPLIED MATLS INC COM AMAT	AMAT	31,614	$5.1m0.79%	0.79%	Added +115	+115 0.4%
33	AMERICAN EXPRESS CO COM AXP	AXP	27,050	$5.1m0.78%	0.78%	Added +28	+28 0.1%
34	UNION PAC CORP COM UNP	UNP	17,721	$4.4m0.67%	0.67%	Reduced -4.2k	-4,248 -19.3%
35	UNITED RENTALS INC COM URI	URI	6,767	$3.9m0.59%	0.59%	Added +24	+24 0.4%
36	VISA INC COM CL A V	V	14,821	$3.9m0.59%	0.59%	Reduced -876	-876 -5.6%
37	PROCTER AND GAMBLE CO COM PG	PG	26,266	$3.8m0.59%	0.59%	Reduced -57	-57 -0.2%
38	PEPSICO INC COM PEP	PEP	22,264	$3.8m0.58%	0.58%	Reduced -4	-4 -0.0%
39	CISCO SYS INC COM CSCO	CSCO	70,553	$3.6m0.55%	0.55%	Added +1.5k	+1,537 2.2%
40	LOWES COS INC COM LOW	LOW	15,772	$3.5m0.54%	0.54%	Added +48	+48 0.3%
41	FISERV INC COM FISV	FISV	24,606	$3.3m0.50%	0.50%	Added +20	+20 0.1%
42	DEERE & CO COM DE	DE	7,197	$2.9m0.44%	0.44%	Reduced -10.5k	-10,521 -59.4%
43	DISNEY WALT CO COM DIS	DIS	29,362	$2.7m0.41%	0.41%	Reduced -2.8k	-2,757 -8.6%
44	IQVIA HLDGS INC COM IQV	IQV	11,401	$2.6m0.40%	0.40%	Added +49	+49 0.4%
45	COLGATE PALMOLIVE CO COM CL	CL	32,376	$2.6m0.40%	0.40%	Added +66	+66 0.2%
46	FEDEX CORP COM FDX	FDX	10,087	$2.6m0.39%	0.39%	Reduced -69	-69 -0.7%
47	ZOETIS INC CL A ZTS	ZTS	12,780	$2.5m0.39%	0.39%	Added +110	+110 0.9%
48	LABORATORY CORP AMER HLDGS COM NEW COM NEW		10,817	$2.5m0.38%	0.38%	Added +43	+43 0.4%
49	SIMMONS 1ST NATL CORP CL A $1 PAR SFNC	SFNC	122,490	$2.4m0.37%	0.37%	Added +1.4k	+1,417 1.2%
50	TARGET CORP COM TGT	TGT	16,948	$2.4m0.37%	0.37%	Reduced -5.6k	-5,570 -24.7%
51	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	6,747	$2.4m0.37%	0.37%	Reduced -381	-381 -5.3%
52	CUMMINS INC COM CMI	CMI	9,928	$2.4m0.36%	0.36%	Reduced -552	-552 -5.3%
53	SYNCHRONY FINANCIAL COM SYF	SYF	62,232	$2.4m0.36%	0.36%	Added +231	+231 0.4%
54	ALASKA AIR GROUP INC COM ALK	ALK	57,946	$2.3m0.35%	0.35%	Added +23.7k	+23,739 69.4%
55	COCA COLA CO COM KO	KO	38,013	$2.2m0.34%	0.34%	Added +221	+221 0.6%
56	AMERICAN TOWER CORP NEW COM AMT	AMT	10,018	$2.2m0.33%	0.33%	Added +98	+98 1.0%
57	SHERWIN WILLIAMS CO COM SHW	SHW	6,151	$1.9m0.29%	0.29%	Added +2	+2 0.0%
58	BALL CORP COM BALL	BALL	25,562	$1.5m0.23%	0.23%	Added +169	+169 0.7%
59	JOHNSON CTLS INTL PLC SHS JCI	JCI	23,819	$1.4m0.21%	0.21%	Reduced -39	-39 -0.2%
60	GILEAD SCIENCES INC COM GILD	GILD	16,235	$1.3m0.20%	0.20%	Added +90	+90 0.6%
61	QUALCOMM INC COM QCOM	QCOM	8,507	$1.2m0.19%	0.19%	Reduced -17	-17 -0.2%
62	QUEST DIAGNOSTICS INC COM DGX	DGX	8,668	$1.2m0.18%	0.18%	Added +32	+32 0.4%
63	CASS INFORMATION SYS INC COM CASS	CASS	25,498	$1.1m0.18%	0.18%	New
64	MCDONALDS CORP COM MCD	MCD	3,756	$1.1m0.17%	0.17%	Reduced -7.2k	-7,214 -65.8%
65	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	22,369	$1.1m0.16%	0.16%	Reduced -501	-501 -2.2%
66	VANGUARD INDEX FDS SMALL CP ETF VB	VB	5,018	$1.1m0.16%	0.16%	Unchanged
67	PAYPAL HLDGS INC COM PYPL	PYPL	14,777	$907.5k0.14%	0.14%	Added +67	+67 0.5%
68	UNITEDHEALTH GROUP INC COM UNH	UNH	1,509	$794.2k0.12%	0.12%	Reduced -3.3k	-3,287 -68.5%
69	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	4,403	$750.3k0.12%	0.12%	Reduced -1.2k	-1,181 -21.1%
70	WALMART INC COM WMT	WMT	4,395	$692.8k0.11%	0.11%	Added +691	+691 18.7%
71	HOME DEPOT INC COM HD	HD	1,837	$636.8k0.10%	0.10%	Reduced -4.6k	-4,632 -71.6%
72	DANAHER CORPORATION COM DHR	DHR	2,733	$632.2k0.10%	0.10%	Reduced -447	-447 -14.1%
73	BOEING CO COM BA	BA	2,351	$612.8k0.09%	0.09%	Added +131	+131 5.9%
74	US BANCORP DEL COM NEW USB	USB	14,028	$607.1k0.09%	0.09%	Added +246	+246 1.8%
75	EXXON MOBIL CORP COM XOM	XOM	6,048	$604.7k0.09%	0.09%	Unchanged
76	STARBUCKS CORP COM SBUX	SBUX	6,251	$600.2k0.09%	0.09%	Reduced -15.5k	-15,502 -71.3%
77	PHILIP MORRIS INTL INC COM PM	PM	5,549	$522.0k0.08%	0.08%	Added +124	+124 2.3%
78	COMMERCE BANCSHARES INC COM CBSH	CBSH	9,656	$515.7k0.08%	0.08%	Added +786	+786 8.9%
79	JPMORGAN CHASE & CO COM JPM	JPM	2,950	$501.8k0.08%	0.08%	Reduced -1.4k	-1,375 -31.8%
80	ISHARES TR SELECT DIVID ETF DVY	DVY	4,218	$494.4k0.08%	0.08%	Reduced -4.3k	-4,291 -50.4%
81	AMEREN CORP COM AEE	AEE	6,757	$488.8k0.07%	0.07%	New
82	EMERSON ELEC CO COM EMR	EMR	4,782	$465.5k0.07%	0.07%	Added +259	+259 5.7%
83	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	2,478	$446.0k0.07%	0.07%	Reduced -644	-644 -20.6%
84	JOHNSON & JOHNSON COM JNJ	JNJ	2,675	$419.3k0.06%	0.06%	Reduced -388	-388 -12.7%
85	NORTHROP GRUMMAN CORP COM NOC	NOC	884	$413.9k0.06%	0.06%	Added +84	+84 10.5%
86	ISHARES TR MSCI EAFE ETF EFA	EFA	5,490	$413.7k0.06%	0.06%	Unchanged
87	CHEVRON CORP NEW COM CVX	CVX	2,766	$412.6k0.06%	0.06%	Reduced -261	-261 -8.6%
88	WASTE MGMT INC DEL COM WM	WM	2,217	$397.1k0.06%	0.06%	Reduced -12.9k	-12,935 -85.4%
89	ORACLE CORP COM ORCL	ORCL	3,739	$394.2k0.06%	0.06%	Reduced -128.7k	-128,660 -97.2%
90	GENERAL MLS INC COM GIS	GIS	5,998	$390.7k0.06%	0.06%	Added +78	+78 1.3%
91	MERCK & CO INC COM MRK	MRK	3,516	$383.3k0.06%	0.06%	Added +520	+520 17.4%
92	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	1,586	$369.5k0.06%	0.06%	Reduced -59	-59 -3.6%
93	LINCOLN ELEC HLDGS INC COM LECO	LECO	1,630	$354.5k0.05%	0.05%	New
94	ENTERPRISE FINL SVCS CORP COM EFSC	EFSC	7,895	$352.5k0.05%	0.05%	Unchanged
95	JABIL INC COM JBL	JBL	2,743	$349.5k0.05%	0.05%	Reduced -235	-235 -7.9%
96	AMGEN INC COM AMGN	AMGN	1,200	$345.7k0.05%	0.05%	Unchanged
97	HONEYWELL INTL INC COM COM		1,641	$344.2k0.05%	0.05%	Added +22	+22 1.4%
98	DOW INC COM DOW	DOW	6,169	$338.3k0.05%	0.05%	New
99	API GROUP CORP COM STK APG	APG	9,521	$329.4k0.05%	0.05%	Added +301	+301 3.3%
100	PFIZER INC COM PFE	PFE	11,140	$320.7k0.05%	0.05%	Added +203	+203 1.9%

Sold out since Q3 2023

Security	Ticker	Shares held before	Value then
INTUITIVE SURGICAL INC ISRG	ISRG	86,041	$25.1m86.0k shares
THE TRADE DESK INC TTD	TTD	300,907	$23.5m300.9k shares
QUANTA SVCS INC PWR	PWR	77,672	$14.5m77.7k shares
ON SEMICONDUCTOR CORP ON	ON	152,380	$14.2m152.4k shares
SHOPIFY INC SHOP	SHOP	146,671	$8.0m146.7k shares
THERMO FISHER SCIENTIFIC INC TMO	TMO	15,147	$7.7m15.1k shares
S&P GLOBAL INC SPGI	SPGI	17,846	$6.5m17.8k shares
TAIWAN SEMICONDUCTOR MFG LTD TSM	TSM	36,711	$3.2m36.7k shares
IDEXX LABS INC IDXX	IDXX	7,232	$3.2m7.2k shares
BLACKSTONE INC BX	BX	29,401	$3.1m29.4k shares
ACCENTURE PLC IRELAND ACN	ACN	9,271	$2.8m9.3k shares
GALLAGHER ARTHUR J & CO AJG	AJG	10,471	$2.4m10.5k shares
ELEVANCE HEALTH INC ELV	ELV	5,315	$2.3m5.3k shares
DICKS SPORTING GOODS INC DKS	DKS	20,059	$2.2m20.1k shares
ASTRAZENECA PLC		29,203	$2.0m29.2k shares
CHUBB LIMITED CB	CB	8,818	$1.8m8.8k shares
GRAINGER W W INC GWW	GWW	2,650	$1.8m2.6k shares
HUBBELL INC HUBB	HUBB	5,850	$1.8m5.8k shares
ABBVIE INC ABBV	ABBV	11,861	$1.8m11.9k shares
AGCO CORP AGCO	AGCO	14,800	$1.8m14.8k shares
ABBOTT LABS ABT	ABT	17,463	$1.7m17.5k shares
INTUIT INTU	INTU	3,306	$1.7m3.3k shares
DEXCOM INC DXCM	DXCM	17,835	$1.7m17.8k shares
TEXAS INSTRS INC TXN	TXN	8,824	$1.4m8.8k shares
HERSHEY CO HSY	HSY	6,638	$1.3m6.6k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
BANK AMERICA CORP BAC · Call	BAC	Call	4,000	$134.7k4.0k shares	Unchanged
ORACLE CORP ORCL · Call	ORCL	Call	1,000	$105.4k1.0k shares	New
PFIZER INC PFE · Put	PFE	Put	1,000	$28.8k1.0k shares	Unchanged