JAG CAPITAL MANAGEMENT, LLC

ST LOUIS, MO · CIK 1080374 · 13F filing filed 2024-05-01

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)

$705.3m reported value +8.1% vs Q4 2023

134positions

42.5%in top 10

18 new 50 added 46 reduced 15 sold out vs Q4 2023

Options: 2 call positions ($238.6k notional), 3 put positions ($994.8k notional) – listed below, not included above.

Holdings, Q1 2024

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	AMAZON COM INC COM AMZN	AMZN	254,719	$45.9m6.51%	6.51%	Reduced -8.9k	-8,925 -3.4%
2	MICROSOFT CORP COM MSFT	MSFT	105,949	$44.6m6.32%	6.32%	Reduced -4.6k	-4,594 -4.2%
3	NVIDIA CORPORATION COM NVDA	NVDA	37,118	$33.5m4.76%	4.76%	Added +1.8k	+1,797 5.1%
4	META PLATFORMS INC CL A META	META	59,087	$28.7m4.07%	4.07%	Reduced -3.5k	-3,543 -5.7%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	187,052	$28.2m4.00%	4.00%	Reduced -9.6k	-9,604 -4.9%
6	APPLE INC COM AAPL	AAPL	153,817	$26.4m3.74%	3.74%	Reduced -56.0k	-56,047 -26.7%
7	BROADCOM INC COM AVGO	AVGO	19,846	$26.3m3.73%	3.73%	Added +117	+117 0.6%
8	UBER TECHNOLOGIES INC COM UBER	UBER	325,154	$25.0m3.55%	3.55%	Reduced -26.9k	-26,907 -7.6%
9	ELI LILLY & CO COM LLY	LLY	26,425	$20.6m2.91%	2.91%	Reduced -1.1k	-1,145 -4.2%
10	MASTERCARD INCORPORATED CL A MA	MA	41,983	$20.2m2.87%	2.87%	Reduced -1.4k	-1,369 -3.2%
11	NETFLIX INC COM NFLX	NFLX	31,527	$19.1m2.71%	2.71%	Reduced -1.6k	-1,577 -4.8%
12	COSTCO WHSL CORP NEW COM COST	COST	24,993	$18.3m2.60%	2.60%	Reduced -2.1k	-2,130 -7.8%
13	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	38,520	$15.4m2.18%	2.18%	New
14	ARISTA NETWORKS INC COM COM		52,517	$15.2m2.16%	2.16%	Added +18.7k	+18,729 55.4%
15	SHOCKWAVE MED INC COM SWAV	SWAV	46,707	$15.2m2.16%	2.16%	New
16	BOSTON SCIENTIFIC CORP COM BSX	BSX	211,306	$14.5m2.05%	2.05%	New
17	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	62,842	$13.8m1.95%	1.95%	Added +25.2k	+25,176 66.8%
18	COPART INC COM CPRT	CPRT	236,330	$13.7m1.94%	1.94%	Reduced -1.9k	-1,862 -0.8%
19	DECKERS OUTDOOR CORP COM DECK	DECK	14,059	$13.2m1.88%	1.88%	Reduced -7.8k	-7,780 -35.6%
20	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	87,786	$13.0m1.85%	1.85%	Reduced -3.7k	-3,725 -4.1%
21	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	41,688	$13.0m1.84%	1.84%	Reduced -359	-359 -0.8%
22	LINDE PLC SHS LIN	LIN	23,830	$11.1m1.57%	1.57%	Reduced -1.2k	-1,165 -4.7%
23	ADVANCED MICRO DEVICES INC COM AMD	AMD	58,448	$10.5m1.50%	1.50%	Reduced -54.4k	-54,444 -48.2%
24	FAIR ISAAC CORP COM FICO	FICO	8,432	$10.5m1.49%	1.49%	Reduced -8.2k	-8,187 -49.3%
25	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	9,050	$10.2m1.45%	1.45%	Reduced -492	-492 -5.2%
26	FERRARI N V COM RACE	RACE	21,626	$9.4m1.34%	1.34%	New
27	GRAINGER W W INC COM GWW	GWW	8,674	$8.8m1.25%	1.25%	New
28	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	110,742	$8.5m1.21%	1.21%	New
29	AXON ENTERPRISE INC COM AXON	AXON	27,122	$8.5m1.20%	1.20%	New
30	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	62,149	$8.5m1.20%	1.20%	New
31	LINCOLN ELEC HLDGS INC COM LECO	LECO	31,645	$8.1m1.15%	1.15%	Added +30.0k	+30,015 1841.4%
32	ROPER TECHNOLOGIES INC COM ROP	ROP	12,116	$6.8m0.96%	0.96%	Reduced -621	-621 -4.9%
33	ADOBE INC COM ADBE	ADBE	13,388	$6.8m0.96%	0.96%	Reduced -13.4k	-13,384 -50.0%
34	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	15,674	$6.6m0.93%	0.93%	Reduced -13.7k	-13,736 -46.7%
35	ALPHABET INC CAP STK CL C GOOG	GOOG	40,543	$6.2m0.88%	0.88%	Added +887	+887 2.2%
36	APPLIED MATLS INC COM AMAT	AMAT	27,541	$5.7m0.81%	0.81%	Reduced -4.1k	-4,073 -12.9%
37	UNITED RENTALS INC COM URI	URI	6,749	$4.9m0.69%	0.69%	Reduced -18	-18 -0.3%
38	DISNEY WALT CO COM DIS	DIS	37,395	$4.6m0.65%	0.65%	Added +8.0k	+8,033 27.4%
39	PROCTER AND GAMBLE CO COM PG	PG	26,618	$4.3m0.61%	0.61%	Added +352	+352 1.3%
40	VISA INC COM CL A V	V	14,879	$4.2m0.59%	0.59%	Added +58	+58 0.4%
41	LOWES COS INC COM LOW	LOW	16,010	$4.1m0.58%	0.58%	Added +238	+238 1.5%
42	AMERICAN EXPRESS CO COM AXP	AXP	17,870	$4.1m0.58%	0.58%	Reduced -9.2k	-9,180 -33.9%
43	PEPSICO INC COM PEP	PEP	22,581	$4.0m0.56%	0.56%	Added +317	+317 1.4%
44	FISERV INC COM FISV	FISV	24,522	$3.9m0.56%	0.56%	Reduced -84	-84 -0.3%
45	CISCO SYS INC COM CSCO	CSCO	73,365	$3.7m0.52%	0.52%	Added +2.8k	+2,812 4.0%
46	UNION PAC CORP COM UNP	UNP	13,107	$3.2m0.46%	0.46%	Reduced -4.6k	-4,614 -26.0%
47	ALASKA AIR GROUP INC COM ALK	ALK	71,875	$3.1m0.44%	0.44%	Added +13.9k	+13,929 24.0%
48	IQVIA HLDGS INC COM IQV	IQV	12,201	$3.1m0.44%	0.44%	Added +800	+800 7.0%
49	TARGET CORP COM TGT	TGT	17,162	$3.0m0.43%	0.43%	Added +214	+214 1.3%
50	QUALCOMM INC COM QCOM	QCOM	17,889	$3.0m0.43%	0.43%	Added +9.4k	+9,382 110.3%
51	LULULEMON ATHLETICA INC COM LULU	LULU	7,641	$3.0m0.42%	0.42%	Reduced -29.0k	-28,958 -79.1%
52	FEDEX CORP COM FDX	FDX	10,282	$3.0m0.42%	0.42%	Added +195	+195 1.9%
53	COLGATE PALMOLIVE CO COM CL	CL	32,979	$3.0m0.42%	0.42%	Added +603	+603 1.9%
54	LABORATORY CORP AMER HLDGS COM NEW COM NEW		13,539	$3.0m0.42%	0.42%	Added +2.7k	+2,722 25.2%
55	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	6,747	$2.8m0.40%	0.40%	Unchanged
56	DEERE & CO COM DE	DE	6,740	$2.8m0.39%	0.39%	Reduced -457	-457 -6.3%
57	SYNCHRONY FINANCIAL COM SYF	SYF	63,259	$2.7m0.39%	0.39%	Added +1.0k	+1,027 1.6%
58	COCA COLA CO COM KO	KO	38,566	$2.4m0.33%	0.33%	Added +553	+553 1.4%
59	SIMMONS 1ST NATL CORP CL A $1 PAR SFNC	SFNC	119,294	$2.3m0.33%	0.33%	Reduced -3.2k	-3,196 -2.6%
60	ZOETIS INC CL A ZTS	ZTS	13,667	$2.3m0.33%	0.33%	Added +887	+887 6.9%
61	AMERICAN TOWER CORP NEW COM AMT	AMT	10,233	$2.0m0.29%	0.29%	Added +215	+215 2.1%
62	ELECTRONIC ARTS INC COM EA	EA	13,311	$1.8m0.25%	0.25%	New
63	BALL CORP COM BALL	BALL	25,968	$1.7m0.25%	0.25%	Added +406	+406 1.6%
64	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	8,637	$1.6m0.22%	0.22%	Added +4.2k	+4,234 96.2%
65	VANGUARD INDEX FDS SMALL CP ETF VB	VB	5,613	$1.3m0.18%	0.18%	Added +595	+595 11.9%
66	CASS INFORMATION SYS INC COM CASS	CASS	25,498	$1.2m0.17%	0.17%	Unchanged
67	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	22,369	$1.1m0.16%	0.16%	Unchanged
68	MCDONALDS CORP COM MCD	MCD	3,526	$994.2k0.14%	0.14%	Reduced -230	-230 -6.1%
69	WALMART INC COM WMT	WMT	13,487	$811.5k0.12%	0.12%	Added +302	+302 2.3%
70	JABIL INC COM JBL	JBL	5,501	$736.9k0.10%	0.10%	Added +2.8k	+2,758 100.5%
71	HOME DEPOT INC COM HD	HD	1,864	$715.0k0.10%	0.10%	Added +27	+27 1.5%
72	DANAHER CORPORATION COM DHR	DHR	2,735	$683.0k0.10%	0.10%	Added +2	+2 0.1%
73	EXXON MOBIL CORP COM XOM	XOM	5,576	$648.2k0.09%	0.09%	Reduced -472	-472 -7.8%
74	US BANCORP DEL COM NEW USB	USB	14,132	$631.7k0.09%	0.09%	Added +104	+104 0.7%
75	SHERWIN WILLIAMS CO COM SHW	SHW	1,805	$627.1k0.09%	0.09%	Reduced -4.3k	-4,346 -70.7%
76	EMERSON ELEC CO COM EMR	EMR	5,200	$589.8k0.08%	0.08%	Added +418	+418 8.7%
77	STARBUCKS CORP COM SBUX	SBUX	6,130	$560.2k0.08%	0.08%	Reduced -121	-121 -1.9%
78	VISTRA CORP COM VST	VST	7,821	$544.7k0.08%	0.08%	Reduced -169	-169 -2.1%
79	BUILDERS FIRSTSOURCE INC COM BLDR	BLDR	2,503	$522.0k0.07%	0.07%	New
80	COMMERCE BANCSHARES INC COM CBSH	CBSH	9,705	$516.3k0.07%	0.07%	Added +49	+49 0.5%
81	AMEREN CORP COM AEE	AEE	6,757	$499.7k0.07%	0.07%	Unchanged
82	GREEN BRICK PARTNERS INC COM GRBK	GRBK	7,722	$465.1k0.07%	0.07%	New
83	MERCK & CO INC COM MRK	MRK	3,516	$463.9k0.07%	0.07%	Unchanged
84	JOHNSON & JOHNSON COM JNJ	JNJ	2,875	$454.8k0.06%	0.06%	Added +200	+200 7.5%
85	BOEING CO COM BA	BA	2,347	$453.0k0.06%	0.06%	Reduced -4	-4 -0.2%
86	WASTE MGMT INC DEL COM WM	WM	2,124	$452.7k0.06%	0.06%	Reduced -93	-93 -4.2%
87	JPMORGAN CHASE & CO COM JPM	JPM	2,259	$452.4k0.06%	0.06%	Reduced -691	-691 -23.4%
88	PHILIP MORRIS INTL INC COM PM	PM	4,899	$448.9k0.06%	0.06%	Reduced -650	-650 -11.7%
89	CHEVRON CORP NEW COM CVX	CVX	2,839	$447.9k0.06%	0.06%	Added +73	+73 2.6%
90	XPO INC COM XPO	XPO	3,659	$446.5k0.06%	0.06%	Added +141	+141 4.0%
91	NORTHROP GRUMMAN CORP COM NOC	NOC	884	$423.2k0.06%	0.06%	Unchanged
92	GENERAL MLS INC COM GIS	GIS	5,998	$419.7k0.06%	0.06%	Unchanged
93	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	710	$412.7k0.06%	0.06%	New
94	ISHARES TR MSCI EAFE ETF EFA	EFA	5,155	$411.7k0.06%	0.06%	Reduced -335	-335 -6.1%
95	BANK AMERICA CORP COM BAC	BAC	10,730	$406.9k0.06%	0.06%	Added +1.7k	+1,703 18.9%
96	API GROUP CORP COM STK APG	APG	9,866	$387.4k0.05%	0.05%	Added +345	+345 3.6%
97	DOW INC COM DOW	DOW	6,650	$385.2k0.05%	0.05%	Added +481	+481 7.8%
98	WILLIAMS COS INC COM WMB	WMB	9,310	$362.8k0.05%	0.05%	Added +700	+700 8.1%
99	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	1,791	$343.7k0.05%	0.05%	Reduced -687	-687 -27.7%
100	AMGEN INC COM AMGN	AMGN	1,200	$341.3k0.05%	0.05%	Unchanged

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
SERVICENOW INC NOW	NOW	28,265	$20.0m28.3k shares
MARKEL GROUP INC MKL	MKL	11,479	$16.3m11.5k shares
PALANTIR TECHNOLOGIES INC PLTR	PLTR	338,668	$5.8m338.7k shares
CUMMINS INC CMI	CMI	9,928	$2.4m9.9k shares
JOHNSON CTLS INTL PLC JCI	JCI	23,819	$1.4m23.8k shares
GILEAD SCIENCES INC GILD	GILD	16,235	$1.3m16.2k shares
QUEST DIAGNOSTICS INC DGX	DGX	8,668	$1.2m8.7k shares
PAYPAL HLDGS INC PYPL	PYPL	14,777	$907.5k14.8k shares
UNITEDHEALTH GROUP INC UNH	UNH	1,509	$794.2k1.5k shares
ISHARES TR DVY	DVY	4,218	$494.4k4.2k shares
WESTERN DIGITAL CORP. WDC 1.5 02.01.24	WDC 1.5 02.01.24	261,000	$260.0k261.0k shares
MCKESSON CORP MCK	MCK	554	$256.5k554 shares
HESS CORP HES	HES	1,541	$222.1k1.5k shares
VEEVA SYS INC VEEV	VEEV	1,125	$216.6k1.1k shares
ALTRIA GROUP INC MO	MO	5,257	$212.1k5.3k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	1,000	$523.1k1.0k shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	1,000	$444.0k1.0k shares	New
TESLA INC TSLA · Call	TSLA	Call	1,000	$175.8k1.0k shares	New
ORACLE CORP ORCL · Call	ORCL	Call	500	$62.8k500 shares	Reduced
PFIZER INC PFE · Put	PFE	Put	1,000	$27.8k1.0k shares	Unchanged