JAG CAPITAL MANAGEMENT, LLC

ST LOUIS, MO · CIK 1080374 · 13F filing filed 2025-02-06

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)

$716.2m reported value -13.4% vs Q3 2024

123positions

44.4%in top 10

7 new 56 added 47 reduced 18 sold out vs Q3 2024

Options: 7 call positions ($944.5k notional), 2 put positions ($128.3k notional) – listed below, not included above.

Holdings, Q4 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	APPLE INC COM AAPL	AAPL	237,871	$59.6m8.32%	8.32%	Added +9.2k	+9,212 4.0%
2	AMAZON COM INC COM AMZN	AMZN	199,553	$43.8m6.11%	6.11%	Reduced -44.5k	-44,538 -18.2%
3	NVIDIA CORPORATION COM NVDA	NVDA	296,200	$39.8m5.55%	5.55%	Reduced -149.3k	-149,290 -33.5%
4	MICROSOFT CORP COM MSFT	MSFT	92,221	$38.9m5.43%	5.43%	Reduced -20.5k	-20,549 -18.2%
5	META PLATFORMS INC CL A META	META	48,894	$28.6m4.00%	4.00%	Reduced -16.3k	-16,271 -25.0%
6	AXON ENTERPRISE INC COM AXON	AXON	42,880	$25.5m3.56%	3.56%	Reduced -13.2k	-13,206 -23.6%
7	NETFLIX INC COM NFLX	NFLX	25,766	$23.0m3.21%	3.21%	Reduced -8.3k	-8,345 -24.5%
8	BROADCOM INC COM AVGO	AVGO	90,685	$21.0m2.94%	2.94%	Reduced -93.9k	-93,890 -50.9%
9	MASTERCARD INCORPORATED CL A MA	MA	37,462	$19.7m2.75%	2.75%	Reduced -7.3k	-7,265 -16.2%
10	ALPHABET INC CAP STK CL A GOOGL	GOOGL	97,555	$18.5m2.58%	2.58%	Reduced -27.2k	-27,167 -21.8%
11	DECKERS OUTDOOR CORP COM DECK	DECK	88,460	$18.0m2.51%	2.51%	Reduced -4.9k	-4,902 -5.2%
12	UNITED RENTALS INC COM URI	URI	25,461	$17.9m2.50%	2.50%	Reduced -5.5k	-5,458 -17.6%
13	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	32,798	$17.1m2.39%	2.39%	Reduced -9.7k	-9,704 -22.8%
14	NATERA INC COM NTRA	NTRA	103,285	$16.4m2.28%	2.28%	Reduced -72.3k	-72,305 -41.2%
15	US FOODS HLDG CORP COM USFD	USFD	239,268	$16.1m2.25%	2.25%	Added +70.0k	+70,041 41.4%
16	BOSTON SCIENTIFIC CORP COM BSX	BSX	170,252	$15.2m2.12%	2.12%	Reduced -131.3k	-131,254 -43.5%
17	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	80,629	$14.8m2.07%	2.07%	Added +78.9k	+78,857 4450.2%
18	FAIR ISAAC CORP COM FICO	FICO	7,397	$14.7m2.06%	2.06%	Reduced -2.0k	-2,026 -21.5%
19	VISTRA CORP COM VST	VST	105,310	$14.5m2.03%	2.03%	Added +97.0k	+96,952 1160.0%
20	XPO INC COM XPO	XPO	108,076	$14.2m1.98%	1.98%	Added +17.6k	+17,619 19.5%
21	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	28,798	$12.9m1.80%	1.80%	Reduced -8.0k	-8,022 -21.8%
22	AUTODESK INC COM ADSK	ADSK	41,419	$12.2m1.71%	1.71%	Reduced -8.9k	-8,896 -17.7%
23	COSTCO WHSL CORP NEW COM COST	COST	13,179	$12.1m1.69%	1.69%	Reduced -14.7k	-14,698 -52.7%
24	ELI LILLY & CO COM LLY	LLY	15,473	$11.9m1.67%	1.67%	Reduced -12.1k	-12,100 -43.9%
25	GRAINGER W W INC COM GWW	GWW	11,034	$11.6m1.62%	1.62%	Reduced -3.3k	-3,298 -23.0%
26	SERVICENOW INC COM NOW	NOW	10,029	$10.6m1.48%	1.48%	New
27	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	53,320	$10.5m1.47%	1.47%	Reduced -15.6k	-15,604 -22.6%
28	THE TRADE DESK INC COM CL A TTD	TTD	87,549	$10.3m1.44%	1.44%	New
29	SALESFORCE INC COM CRM	CRM	23,706	$7.9m1.11%	1.11%	Added +22.8k	+22,797 2507.9%
30	ORACLE CORP COM ORCL	ORCL	43,186	$7.2m1.00%	1.00%	Added +40.6k	+40,623 1585.0%
31	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	21,713	$6.8m0.95%	0.95%	New
32	ALPHABET INC CAP STK CL C GOOG	GOOG	35,330	$6.7m0.94%	0.94%	Added +38	+38 0.1%
33	AMERICAN EXPRESS CO COM AXP	AXP	18,482	$5.5m0.77%	0.77%	Added +285	+285 1.6%
34	FISERV INC COM FISV	FISV	25,187	$5.2m0.72%	0.72%	Added +263	+263 1.1%
35	VISA INC COM CL A V	V	15,283	$4.8m0.67%	0.67%	Added +183	+183 1.2%
36	ALASKA AIR GROUP INC COM ALK	ALK	74,398	$4.8m0.67%	0.67%	Added +1.1k	+1,128 1.5%
37	PROCTER AND GAMBLE CO COM PG	PG	27,649	$4.6m0.65%	0.65%	Added +183	+183 0.7%
38	CISCO SYS INC COM CSCO	CSCO	75,401	$4.5m0.62%	0.62%	Added +733	+733 1.0%
39	ADOBE INC COM ADBE	ADBE	9,680	$4.3m0.60%	0.60%	Reduced -116	-116 -1.2%
40	DISNEY WALT CO COM DIS	DIS	38,538	$4.3m0.60%	0.60%	Added +353	+353 0.9%
41	SYNCHRONY FINANCIAL COM SYF	SYF	65,494	$4.3m0.59%	0.59%	Added +998	+998 1.6%
42	LOWES COS INC COM LOW	LOW	16,517	$4.1m0.57%	0.57%	Added +189	+189 1.2%
43	APPLIED MATLS INC COM AMAT	AMAT	25,041	$4.1m0.57%	0.57%	Added +188	+188 0.8%
44	LABCORP HOLDINGS INC COM SHS LH	LH	14,015	$3.2m0.45%	0.45%	Added +221	+221 1.6%
45	DEERE & CO COM DE	DE	7,388	$3.1m0.44%	0.44%	Added +558	+558 8.2%
46	PEPSICO INC COM PEP	PEP	20,547	$3.1m0.44%	0.44%	Added +106	+106 0.5%
47	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	6,870	$3.1m0.43%	0.43%	Added +123	+123 1.8%
48	UNION PAC CORP COM UNP	UNP	13,570	$3.1m0.43%	0.43%	Added +208	+208 1.6%
49	COLGATE PALMOLIVE CO COM CL	CL	33,773	$3.1m0.43%	0.43%	Added +227	+227 0.7%
50	FEDEX CORP COM FDX	FDX	10,755	$3.0m0.42%	0.42%	Added +248	+248 2.4%
51	LULULEMON ATHLETICA INC COM LULU	LULU	7,887	$3.0m0.42%	0.42%	Added +96	+96 1.2%
52	QUALCOMM INC COM QCOM	QCOM	18,363	$2.8m0.39%	0.39%	Added +207	+207 1.1%
53	SIMMONS 1ST NATL CORP CL A $1 PAR SFNC	SFNC	120,421	$2.7m0.37%	0.37%	Added +1.2k	+1,185 1.0%
54	IQVIA HLDGS INC COM IQV	IQV	12,631	$2.5m0.35%	0.35%	Added +200	+200 1.6%
55	COCA COLA CO COM KO	KO	39,791	$2.5m0.35%	0.35%	Added +536	+536 1.4%
56	TARGET CORP COM TGT	TGT	17,552	$2.4m0.33%	0.33%	Added +99	+99 0.6%
57	ZOETIS INC CL A ZTS	ZTS	14,153	$2.3m0.32%	0.32%	Added +223	+223 1.6%
58	AMERICAN TOWER CORP NEW COM AMT	AMT	10,561	$1.9m0.27%	0.27%	Added +112	+112 1.1%
59	BALL CORP COM BALL	BALL	26,729	$1.5m0.21%	0.21%	Added +271	+271 1.0%
60	VANGUARD INDEX FDS SMALL CP ETF VB	VB	4,627	$1.1m0.16%	0.16%	Unchanged
61	CASS INFORMATION SYS INC COM CASS	CASS	25,531	$1.0m0.15%	0.15%	Added +11	+11 0.0%
62	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	5,075	$993.8k0.14%	0.14%	Unchanged
63	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	20,275	$969.5k0.14%	0.14%	Unchanged
64	WALMART INC COM WMT	WMT	9,488	$857.2k0.12%	0.12%	Added +75	+75 0.8%
65	TESLA INC COM TSLA	TSLA	1,997	$806.5k0.11%	0.11%	Added +314	+314 18.7%
66	HOME DEPOT INC COM HD	HD	1,882	$731.9k0.10%	0.10%	Added +2	+2 0.1%
67	STARBUCKS CORP COM SBUX	SBUX	7,889	$719.9k0.10%	0.10%	Reduced -300	-300 -3.7%
68	US BANCORP DEL COM NEW USB	USB	14,084	$673.7k0.09%	0.09%	Reduced -486	-486 -3.3%
69	PHILIP MORRIS INTL INC COM PM	PM	5,398	$649.7k0.09%	0.09%	Added +140	+140 2.7%
70	COMMERCE BANCSHARES INC COM CBSH	CBSH	10,320	$643.0k0.09%	0.09%	Added +527	+527 5.4%
71	SHERWIN WILLIAMS CO COM SHW	SHW	1,760	$598.2k0.08%	0.08%	Added +3	+3 0.2%
72	CASEYS GEN STORES INC COM CASY	CASY	1,448	$573.7k0.08%	0.08%	Added +603	+603 71.4%
73	AMEREN CORP COM AEE	AEE	6,152	$548.4k0.08%	0.08%	Reduced -605	-605 -8.9%
74	ABBVIE INC COM ABBV	ABBV	2,942	$522.8k0.07%	0.07%	Added +1.7k	+1,744 145.6%
75	EMERSON ELEC CO COM EMR	EMR	3,699	$458.4k0.06%	0.06%	Reduced -10	-10 -0.3%
76	ENTERPRISE FINL SVCS CORP COM EFSC	EFSC	7,905	$445.9k0.06%	0.06%	Unchanged
77	HERMES INTERNATIONAL SA ADR ADR HESAY	HESAY	1,840	$439.8k0.06%	0.06%	New
78	WILLIAMS COS INC COM WMB	WMB	7,860	$425.4k0.06%	0.06%	Reduced -1.4k	-1,450 -15.6%
79	NORTHROP GRUMMAN CORP COM NOC	NOC	884	$415.0k0.06%	0.06%	Unchanged
80	BANK AMERICA CORP COM BAC	BAC	8,830	$388.1k0.05%	0.05%	Added +653	+653 8.0%
81	NEXTERA ENERGY INC COM NEE	NEE	5,397	$386.9k0.05%	0.05%	Reduced -112.1k	-112,060 -95.4%
82	WATSCO INC COM WSO	WSO	770	$364.9k0.05%	0.05%	Reduced -61	-61 -7.3%
83	JPMORGAN CHASE & CO COM JPM	JPM	1,474	$353.4k0.05%	0.05%	Added +140	+140 10.5%
84	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	1,730	$342.9k0.05%	0.05%	Unchanged
85	AT&T INC COM T	T	14,830	$337.7k0.05%	0.05%	Reduced -777	-777 -5.0%
86	ISHARES TR S&P 500 GRWT ETF IVW	IVW	3,267	$331.7k0.05%	0.05%	Added +10	+10 0.3%
87	BOEING CO COM BA	BA	1,773	$313.9k0.04%	0.04%	Added +306	+306 20.9%
88	MCDONALDS CORP COM MCD	MCD	1,076	$311.9k0.04%	0.04%	Reduced -130	-130 -10.8%
89	CATERPILLAR INC COM CAT	CAT	834	$302.6k0.04%	0.04%	Added +57	+57 7.3%
90	ATMUS FILTRATION TECHNOLOGIE COM ATMU	ATMU	7,653	$299.8k0.04%	0.04%	Added +571	+571 8.1%
91	STERLING INFRASTRUCTURE INC COM STRL	STRL	1,762	$296.8k0.04%	0.04%	Reduced -237	-237 -11.9%
92	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	1,350	$296.8k0.04%	0.04%	Reduced -330	-330 -19.6%
93	EOS ENERGY ENTERPRISES INC COM CL A EOSE	EOSE	60,350	$293.3k0.04%	0.04%	New
94	KYNDRYL HLDGS INC COMMON STOCK KD	KD	8,461	$292.8k0.04%	0.04%	Reduced -1.1k	-1,123 -11.7%
95	QCR HOLDINGS INC COM QCRH	QCRH	3,625	$292.3k0.04%	0.04%	Unchanged
96	LINDE PLC SHS LIN	LIN	690	$288.9k0.04%	0.04%	Reduced -2	-2 -0.3%
97	FRONTIER COMMUNICATIONS PARE COM FYBR	FYBR	8,009	$277.9k0.04%	0.04%	Reduced -1.0k	-1,001 -11.1%
98	VERIZON COMMUNICATIONS INC COM VZ	VZ	6,859	$274.3k0.04%	0.04%	Reduced -841	-841 -10.9%
99	ISHARES TR RUSSELL 2000 ETF IWM	IWM	1,205	$266.3k0.04%	0.04%	Added +104	+104 9.4%
100	AMGEN INC COM AMGN	AMGN	1,008	$262.7k0.04%	0.04%	Added +3	+3 0.3%

Sold out since Q3 2024

Security	Ticker	Shares held before	Value then
UBER TECHNOLOGIES INC UBER	UBER	299,001	$22.5m299.0k shares
ADVANCED MICRO DEVICES INC AMD	AMD	116,413	$19.1m116.4k shares
FERRARI N V RACE	RACE	31,190	$14.6m31.2k shares
ARISTA NETWORKS INC		127,032	$12.2m127.0k shares
BUILDERS FIRSTSOURCE INC BLDR	BLDR	60,944	$11.8m60.9k shares
GREEN BRICK PARTNERS INC GRBK	GRBK	12,427	$1.0m12.4k shares
DANAHER CORPORATION DHR	DHR	2,739	$761.5k2.7k shares
THERMO FISHER SCIENTIFIC INC TMO	TMO	710	$439.2k710 shares
JOHNSON & JOHNSON JNJ	JNJ	2,125	$344.4k2.1k shares
NOVA LTD NVMI	NVMI	1,224	$255.0k1.2k shares
TRANSMEDICS GROUP INC TMDX	TMDX	1,322	$207.6k1.3k shares
CHEVRON CORP NEW CVX	CVX	1,366	$201.2k1.4k shares
PFIZER INC PFE	PFE	6,346	$183.7k6.3k shares
SPDR S&P 500 ETF TR SPY	SPY	305	$175.2k305 shares
PERIMETER SOLUTIONS SA 99001EUR	99001EUR	11,723	$157.7k11.7k shares
TRACTOR SUPPLY CO TSCO	TSCO	865	$50.3k865 shares
ALIBABA GROUP HLDG LTD BABA	BABA	298	$31.6k298 shares
CARA THERAPEUTICS INC		11,235	$3.5k11.2k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
LULULEMON ATHLETICA INC LULU · Call	LULU	Call	1,000	$382.4k1.0k shares	Unchanged
CITIGROUP INC C · Call	C	Call	4,500	$316.8k4.5k shares	Added
ELI LILLY & CO LLY · Put	LLY	Put	100	$77.2k100 shares	New
BOEING CO BA · Call	BA	Call	400	$70.8k400 shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	100	$51.1k100 shares	Reduced
ORACLE CORP ORCL · Call	ORCL	Call	300	$50.0k300 shares	New
AMAZON COM INC AMZN · Call	AMZN	Call	200	$43.9k200 shares	Unchanged
TESLA INC TSLA · Call	TSLA	Call	100	$40.4k100 shares	New
NVIDIA CORPORATION NVDA · Call	NVDA	Call	300	$40.3k300 shares	Added