JAG CAPITAL MANAGEMENT, LLC

ST LOUIS, MO · CIK 1080374 · 13F filing filed 2026-02-06

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)

$920.2m reported value +0.9% vs Q3 2025

132positions

50.1%in top 10

16 new 47 added 48 reduced 19 sold out vs Q3 2025

Options: 8 call positions ($2.0m notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q4 2025

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	269,832	$73.4m7.97%	7.97%	Added +43.8k	+43,823 19.4%
2	NVIDIA CORPORATION COM NVDA	NVDA	382,367	$71.3m7.75%	7.75%	Reduced -6.3k	-6,322 -1.6%
3	MICROSOFT CORP COM MSFT	MSFT	116,841	$56.5m6.14%	6.14%	Reduced -2.1k	-2,064 -1.7%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	166,703	$52.2m5.67%	5.67%	Added +6.6k	+6,567 4.1%
5	BROADCOM INC COM AVGO	AVGO	132,610	$45.9m4.99%	4.99%	Reduced -2.3k	-2,262 -1.7%
6	AMAZON COM INC COM AMZN	AMZN	178,687	$41.2m4.48%	4.48%	Reduced -12.3k	-12,342 -6.5%
7	TESLA INC COM TSLA	TSLA	87,590	$39.4m4.28%	4.28%	Added +19.4k	+19,384 28.4%
8	META PLATFORMS INC CL A META	META	46,678	$30.8m3.35%	3.35%	Reduced -29.0k	-28,981 -38.3%
9	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	101,382	$26.0m2.82%	2.82%	Reduced -1.9k	-1,867 -1.8%
10	CISCO SYS INC COM CSCO	CSCO	314,450	$24.2m2.63%	2.63%	Added +87.2k	+87,192 38.4%
11	MASTERCARD INCORPORATED CL A MA	MA	42,228	$24.1m2.62%	2.62%	Reduced -638	-638 -1.5%
12	ELI LILLY & CO COM LLY	LLY	21,051	$22.6m2.46%	2.46%	Added +7.5k	+7,481 55.1%
13	MICRON TECHNOLOGY INC COM MU	MU	75,381	$21.5m2.34%	2.34%	Reduced -36.2k	-36,156 -32.4%
14	GOLDMAN SACHS GROUP INC COM GS	GS	21,992	$19.3m2.10%	2.10%	Added +7.2k	+7,234 49.0%
15	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	33,144	$18.8m2.04%	2.04%	New
16	NATERA INC COM NTRA	NTRA	80,772	$18.5m2.01%	2.01%	Reduced -295	-295 -0.4%
17	ADVANCED MICRO DEVICES INC COM AMD	AMD	85,279	$18.3m1.98%	1.98%	Reduced -33.3k	-33,324 -28.1%
18	VERTIV HOLDINGS CO COM CL A VRT	VRT	108,794	$17.6m1.92%	1.92%	Added +56.2k	+56,182 106.8%
19	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	14,781	$15.8m1.72%	1.72%	Added +765	+765 5.5%
20	AMERICAN EXPRESS CO COM AXP	AXP	42,646	$15.8m1.71%	1.71%	Added +26.0k	+26,012 156.4%
21	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	51,916	$15.8m1.71%	1.71%	Reduced -3.2k	-3,191 -5.8%
22	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	85,579	$15.2m1.65%	1.65%	Reduced -250	-250 -0.3%
23	UNITED RENTALS INC COM URI	URI	18,770	$15.2m1.65%	1.65%	Added +12.3k	+12,349 192.3%
24	TKO GROUP HOLDINGS INC CL A TKO	TKO	71,561	$15.0m1.63%	1.63%	Reduced -585	-585 -0.8%
25	COSTCO WHSL CORP NEW COM COST	COST	16,411	$14.2m1.54%	1.54%	Reduced -5.5k	-5,504 -25.1%
26	ROCKWELL AUTOMATION INC COM ROK	ROK	35,478	$13.8m1.50%	1.50%	New
27	GILEAD SCIENCES INC COM GILD	GILD	112,101	$13.8m1.50%	1.50%	New
28	UBER TECHNOLOGIES INC COM UBER	UBER	157,478	$12.9m1.40%	1.40%	Reduced -113.0k	-113,012 -41.8%
29	FAIR ISAAC CORP COM FICO	FICO	7,468	$12.6m1.37%	1.37%	New
30	NETFLIX INC COM NFLX	NFLX	100,088	$9.4m1.02%	1.02%	Reduced -137.2k	-137,152 -57.8%
31	AXON ENTERPRISE INC COM AXON	AXON	14,281	$8.1m0.88%	0.88%	Reduced -12.1k	-12,143 -46.0%
32	ALPHABET INC CAP STK CL C GOOG	GOOG	25,334	$7.9m0.86%	0.86%	Reduced -4.9k	-4,895 -16.2%
33	BOSTON SCIENTIFIC CORP COM BSX	BSX	78,955	$7.5m0.82%	0.82%	Reduced -75.8k	-75,797 -49.0%
34	APPLIED MATLS INC COM AMAT	AMAT	22,333	$5.7m0.62%	0.62%	Reduced -41	-41 -0.2%
35	SYNCHRONY FINANCIAL COM SYF	SYF	58,712	$4.9m0.53%	0.53%	Reduced -307	-307 -0.5%
36	VISA INC COM CL A V	V	13,664	$4.8m0.52%	0.52%	Reduced -41	-41 -0.3%
37	DISNEY WALT CO COM DIS	DIS	35,062	$4.0m0.43%	0.43%	Reduced -174	-174 -0.5%
38	SERVICENOW INC COM NOW	NOW	23,280	$3.6m0.39%	0.39%	Reduced -110	-110 -0.5%
39	LOWES COS INC COM LOW	LOW	14,750	$3.6m0.39%	0.39%	Reduced -68	-68 -0.5%
40	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	6,871	$3.5m0.38%	0.38%	Unchanged
41	ALASKA AIR GROUP INC COM ALK	ALK	66,427	$3.3m0.36%	0.36%	Reduced -341	-341 -0.5%
42	PROCTER AND GAMBLE CO COM PG	PG	22,103	$3.2m0.34%	0.34%	Reduced -66	-66 -0.3%
43	LABCORP HOLDINGS INC COM SHS LH	LH	12,496	$3.1m0.34%	0.34%	Reduced -56	-56 -0.5%
44	ADOBE INC COM ADBE	ADBE	8,760	$3.1m0.33%	0.33%	Added +6	+6 0.1%
45	DEERE & CO COM DE	DE	6,245	$2.9m0.32%	0.32%	Reduced -33	-33 -0.5%
46	QUALCOMM INC COM QCOM	QCOM	16,776	$2.9m0.31%	0.31%	Reduced -79	-79 -0.5%
47	UNION PAC CORP COM UNP	UNP	12,100	$2.8m0.30%	0.30%	Reduced -113	-113 -0.9%
48	FEDEX CORP COM FDX	FDX	9,549	$2.8m0.30%	0.30%	Reduced -59	-59 -0.6%
49	PEPSICO INC COM PEP	PEP	18,520	$2.7m0.29%	0.29%	Reduced -99	-99 -0.5%
50	COCA COLA CO COM KO	KO	36,647	$2.6m0.28%	0.28%	Reduced -49	-49 -0.1%
51	IQVIA HLDGS INC COM IQV	IQV	11,297	$2.5m0.28%	0.28%	Reduced -50	-50 -0.4%
52	COLGATE PALMOLIVE CO COM CL	CL	30,804	$2.4m0.26%	0.26%	Reduced -143	-143 -0.5%
53	SIMMONS 1ST NATL CORP CL A $1 PAR SFNC	SFNC	125,558	$2.4m0.26%	0.26%	Added +1.4k	+1,363 1.1%
54	AMERICAN TOWER CORP NEW COM AMT	AMT	9,563	$1.7m0.18%	0.18%	Reduced -62	-62 -0.6%
55	ZOETIS INC CL A ZTS	ZTS	12,583	$1.6m0.17%	0.17%	Reduced -98	-98 -0.8%
56	WALMART INC COM WMT	WMT	12,084	$1.3m0.15%	0.15%	Added +542	+542 4.7%
57	BALL CORP COM BALL	BALL	23,971	$1.3m0.14%	0.14%	Reduced -93	-93 -0.4%
58	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	20,275	$1.3m0.14%	0.14%	Unchanged
59	VANGUARD INDEX FDS SMALL CP ETF VB	VB	4,627	$1.2m0.13%	0.13%	Unchanged
60	CASS INFORMATION SYS INC COM CASS	CASS	25,564	$1.1m0.12%	0.12%	Added +11	+11 0.0%
61	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	4,728	$1.0m0.11%	0.11%	Unchanged
62	EOS ENERGY ENTERPRISES INC COM CL A EOSE	EOSE	88,825	$1.0m0.11%	0.11%	Added +2.1k	+2,125 2.5%
63	AMEREN CORP COM AEE	AEE	9,668	$965.4k0.10%	0.10%	Added +134	+134 1.4%
64	CASEYS GEN STORES INC COM CASY	CASY	1,735	$959.0k0.10%	0.10%	Added +206	+206 13.5%
65	PHILIP MORRIS INTL INC COM PM	PM	5,945	$953.5k0.10%	0.10%	Added +104	+104 1.8%
66	US BANCORP DEL COM NEW USB	USB	13,948	$744.2k0.08%	0.08%	Added +2.7k	+2,698 24.0%
67	CIENA CORP COM NEW CIEN	CIEN	3,104	$725.9k0.08%	0.08%	Reduced -164	-164 -5.0%
68	UL SOLUTIONS INC CLASS A COM SHS ULS	ULS	9,115	$718.8k0.08%	0.08%	Added +899	+899 10.9%
69	API GROUP CORP COM STK APG	APG	17,880	$684.1k0.07%	0.07%	Added +1.5k	+1,501 9.2%
70	ENTERPRISE FINL SVCS CORP COM EFSC	EFSC	12,185	$658.0k0.07%	0.07%	Added +849	+849 7.5%
71	HOME DEPOT INC COM HD	HD	1,901	$654.3k0.07%	0.07%	Added +7	+7 0.4%
72	STARBUCKS CORP COM SBUX	SBUX	7,713	$649.5k0.07%	0.07%	Added +1	+1 0.0%
73	TERADYNE INC COM TER	TER	3,195	$618.4k0.07%	0.07%	New
74	XPO INC COM XPO	XPO	4,455	$605.5k0.07%	0.07%	New
75	CATERPILLAR INC COM CAT	CAT	1,025	$587.1k0.06%	0.06%	Added +94	+94 10.1%
76	COMMERCE BANCSHARES INC COM CBSH	CBSH	11,046	$578.2k0.06%	0.06%	Added +589	+589 5.6%
77	SHERWIN WILLIAMS CO COM SHW	SHW	1,772	$574.2k0.06%	0.06%	Added +3	+3 0.2%
78	EMERSON ELEC CO COM EMR	EMR	4,165	$552.8k0.06%	0.06%	Added +279	+279 7.2%
79	BANK AMERICA CORP COM BAC	BAC	10,031	$551.7k0.06%	0.06%	Added +12	+12 0.1%
80	GUARDANT HEALTH INC COM GH	GH	4,960	$506.6k0.06%	0.06%	Added +987	+987 24.8%
81	NORTHROP GRUMMAN CORP COM NOC	NOC	884	$504.2k0.05%	0.05%	Unchanged
82	WILLIAMS COS INC COM WMB	WMB	8,320	$500.1k0.05%	0.05%	Unchanged
83	NEXTERA ENERGY INC COM NEE	NEE	5,738	$460.6k0.05%	0.05%	Added +341	+341 6.3%
84	HERMES INTERNATIONAL SA ADR ADR HESAY	HESAY	1,840	$456.3k0.05%	0.05%	Unchanged
85	COMFORT SYS USA INC COM FIX	FIX	481	$448.9k0.05%	0.05%	Added +95	+95 24.6%
86	ORACLE CORP COM ORCL	ORCL	2,199	$428.7k0.05%	0.05%	Reduced -26	-26 -1.2%
87	MCDONALDS CORP COM MCD	MCD	1,372	$419.4k0.05%	0.05%	Added +44	+44 3.3%
88	JABIL INC COM JBL	JBL	1,765	$402.5k0.04%	0.04%	Added +351	+351 24.8%
89	AMGEN INC COM AMGN	AMGN	1,139	$373.0k0.04%	0.04%	Added +2	+2 0.2%
90	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	1,253	$371.2k0.04%	0.04%	Added +43	+43 3.5%
91	NORFOLK SOUTHN CORP COM NSC	NSC	1,260	$363.7k0.04%	0.04%	Unchanged
92	MASTEC INC COM MTZ	MTZ	1,643	$357.1k0.04%	0.04%	Added +329	+329 25.0%
93	SANDISK CORP COM SNDK	SNDK	1,501	$356.3k0.04%	0.04%	New
94	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	1,655	$350.5k0.04%	0.04%	Unchanged
95	BOEING CO COM BA	BA	1,610	$349.7k0.04%	0.04%	Reduced -108	-108 -6.3%
96	AT&T INC COM T	T	14,044	$348.8k0.04%	0.04%	Reduced -94	-94 -0.7%
97	CITIGROUP INC COM NEW C	C	2,863	$334.1k0.04%	0.04%	Added +641	+641 28.9%
98	ISHARES TR S&P 500 GRWT ETF IVW	IVW	2,708	$333.8k0.04%	0.04%	Reduced -294	-294 -9.8%
99	INTERDIGITAL INC COM IDCC	IDCC	1,027	$327.0k0.04%	0.04%	Added +206	+206 25.1%
100	CARPENTER TECHNOLOGY CORP COM CRS	CRS	1,024	$322.4k0.04%	0.04%	New

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
SPOTIFY TECHNOLOGY S A SPOT	SPOT	35,108	$24.5m35.1k shares
MOTOROLA SOLUTIONS INC MSI	MSI	25,840	$11.8m25.8k shares
EBAY INC. EBAY	EBAY	120,804	$11.0m120.8k shares
BOOKING HOLDINGS INC BKNG	BKNG	1,786	$9.6m1.8k shares
TOAST INC TOST	TOST	207,510	$7.6m207.5k shares
VISTRA CORP VST	VST	26,141	$5.1m26.1k shares
TARGET CORP TGT	TGT	15,827	$1.4m15.8k shares
US FOODS HLDG CORP USFD	USFD	12,124	$928.9k12.1k shares
LINDE PLC LIN	LIN	1,018	$483.6k1.0k shares
LIFE TIME GROUP HOLDINGS INC LTH	LTH	11,259	$310.7k11.3k shares
CELSIUS HLDGS INC CELH	CELH	5,230	$300.7k5.2k shares
CHEWY INC CHWY	CHWY	7,413	$299.9k7.4k shares
CINTAS CORP CTAS	CTAS	1,444	$296.4k1.4k shares
ON SEMICONDUCTOR CORP ON	ON	5,153	$254.1k5.2k shares
ADTALEM GLOBAL ED INC CVSA	CVSA	1,536	$237.2k1.5k shares
GENIUS SPORTS LIMITED GENI	GENI	11,201	$138.7k11.2k shares
PFIZER INC PFE	PFE	5,124	$130.6k5.1k shares
OCCIDENTAL PETE CORP OXY	OXY	2,673	$126.3k2.7k shares
LULULEMON ATHLETICA INC LULU	LULU	409	$72.8k409 shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
TESLA INC TSLA · Call	TSLA	Call	2,000	$899.4k2.0k shares	Added
UNION PAC CORP UNP · Call	UNP	Call	1,500	$347.0k1.5k shares	Added
ORACLE CORP ORCL · Call	ORCL	Call	1,100	$214.4k1.1k shares	New
BITMINE IMMERSION TECNOLOGIE BMNR · Call	BMNR	Call	6,000	$162.9k6.0k shares	Added
ALIBABA GROUP HLDG LTD BABA · Call	BABA	Call	1,100	$161.2k1.1k shares	Reduced
NVIDIA CORPORATION NVDA · Call	NVDA	Call	700	$130.6k700 shares	New
BROADCOM INC AVGO · Call	AVGO	Call	200	$69.2k200 shares	New
EOS ENERGY ENTERPRISES INC EOSE · Call	EOSE	Call	4,500	$51.6k4.5k shares	New