JAG CAPITAL MANAGEMENT, LLC

Fundamental diversified ★Signal CIK 1080374
League rank
#93
in Fundamental diversified · #434 overall
Long book
$886.6M
Q1 2026
Positions
136
Top-10 weight
51%
concentration
Last quarter
+22.3%
SPY +14.8%
Turnover
22%
of book per quarter

Strategy in plain words

auto-generated from filings

JAG CAPITAL MANAGEMENT, LLC is a diversified fundamental manager, running a $886.6M US long book across 136 positions.

The portfolio is concentrated: the top 10 names carry 51% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, NVIDIA CORP, MICROSOFT CORP, ALPHABET INC-CL A, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 1.2pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+6.1%
Q2 2024
+5.6%
Q3 2024
+6.6%
Q4 2024
-9.0%
Q1 2025
+18.5%
Q2 2025
+4.9%
Q3 2025
+2.9%
Q4 2025
-6.7%
Q1 2026
+22.3%

Sector allocation

Technology
53%
Industrials
12%
Healthcare
9%
Consumer discretionary
9%
Services media
6%
Other
5%
Financials
5%
Consumer staples
1%

Long book by quarter

$705.2M
Q1 2024
$728.7M
Q2 2024
$826.8M
Q3 2024
$716.1M
Q4 2024
$748.6M
Q1 2025
$892.1M
Q2 2025
$911.7M
Q3 2025
$920.2M
Q4 2025
$886.6M
Q1 2026

What does JAG CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology281.7K$71.5M8.1%+4.4%
NVDA NVIDIA CORPTechnology400.9K$69.9M7.9%+4.9%
MSFT MICROSOFT CORPTechnology154.4K$57.1M6.4%+32.1%
GOOGL ALPHABET INC-CL ATechnology175.7K$50.5M5.7%+5.4%
AMZN AMAZON.COM INCConsumer discretionary211.6K$44.1M5.0%+18.4%
META META PLATFORMS INC-CLASS ATechnology62.3K$35.6M4.0%+33.4%
TSLA TESLA INCIndustrials93.6K$34.8M3.9%+6.8%
AVGO BROADCOM INCTechnology108.8K$33.7M3.8%-18.0%
CSCO CISCO SYSTEMS INCTechnology336.4K$26.1M2.9%+7.0%
ASML ASML HOLDING NV-NY REG SHSIndustrials19.2K$25.3M2.9%+29.6%
COST COSTCO WHOLESALE CORPConsumer discretionary24.3K$24.2M2.7%+48.3%
AMAT APPLIED MATERIALS INCTechnology69.3K$23.7M2.7%+210.1%
MA MASTERCARD INC - AServices media43.9K$21.9M2.5%+3.9%
LLY ELI LILLY & COHealthcare22.3K$20.5M2.3%+5.7%
VRT VERTIV HOLDINGS CO-ATechnology80.9K$20.3M2.3%-25.7%
GS GOLDMAN SACHS GROUP INCFinancials23.6K$19.9M2.2%+7.2%
ROK ROCKWELL AUTOMATION INCOther54.6K$19.6M2.2%+53.9%
NTRA NATERA INCHealthcare85.1K$17.0M1.9%+5.3%
GILD GILEAD SCIENCES INCHealthcare121.4K$16.9M1.9%+8.3%
ISRG INTUITIVE SURGICAL INCHealthcare34.9K$16.1M1.8%+5.2%
TKO TKO GROUP HOLDINGS INCServices media75.6K$15.2M1.7%+5.6%
XPO XPO INCIndustrials65.3K$12.7M1.4%+1365.8%
INTC INTEL CORPTechnology258.5K$11.4M1.3%New
MU MICRON TECHNOLOGY INCTechnology29.3K$9.9M1.1%-61.1%
SNPS SYNOPSYS INCTechnology24.2K$9.6M1.1%New
CAT CATERPILLAR INCIndustrials12.5K$8.8M1.0%+1118.6%
MSI MOTOROLA SOLUTIONS INCTechnology19.5K$8.5M1.0%New
TMO THERMO FISHER SCIENTIFIC INCOther16.6K$8.1M0.9%New
AMD ADVANCED MICRO DEVICESTechnology39.3K$8.0M0.9%-53.9%
CTAS CINTAS CORPOther44.4K$7.5M0.8%New
GOOG ALPHABET INC-CL CTechnology25.3K$7.3M0.8%-0.2%
AXP AMERICAN EXPRESS COFinancials22.3K$6.7M0.8%-47.7%
URI UNITED RENTALS INCServices media9.2K$6.7M0.8%-51.3%
V VISA INC-CLASS A SHARESServices media13.6K$4.1M0.5%-0.2%
SYF SYNCHRONY FINANCIALFinancials58.6K$4.0M0.4%-0.2%
DE DEERE & COIndustrials6.5K$3.7M0.4%+4.7%
LOW LOWE'S COS INCConsumer discretionary14.7K$3.5M0.4%-0.2%
FDX FEDEX CORPIndustrials9.5K$3.4M0.4%-0.2%
DIS WALT DISNEY CO/THEServices media35.0K$3.4M0.4%-0.2%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials7.0K$3.4M0.4%+2.0%
LH LABCORP HOLDINGS INCHealthcare12.5K$3.3M0.4%-0.2%
PG PROCTER & GAMBLE CO/THEOther22.1K$3.2M0.4%-0.2%
UNP UNION PACIFIC CORPIndustrials12.1K$2.9M0.3%-0.2%
PEP PEPSICO INCConsumer staples18.5K$2.9M0.3%-0.2%
KO COCA-COLA CO/THEConsumer staples36.4K$2.8M0.3%-0.8%
CL COLGATE-PALMOLIVE COOther30.7K$2.6M0.3%-0.2%
SFNC SIMMONS FIRST NATL CORP-CL AFinancials127.0K$2.5M0.3%+1.1%
ALK ALASKA AIR GROUP INCIndustrials66.3K$2.4M0.3%-0.2%
NOW SERVICENOW INCTechnology23.2K$2.4M0.3%-0.2%
QCOM QUALCOMM INCTechnology16.7K$2.2M0.2%-0.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 6, 2026161$889.4M canonicalSEC ↗
Q4 202513F-HRFeb 6, 2026155$922.2M canonicalSEC ↗
Q3 202513F-HRNov 10, 2025153$913.3M canonicalSEC ↗
Q2 202513F-HRJul 28, 2025149$894.1M canonicalSEC ↗
Q1 202513F-HRApr 24, 2025147$750.5M canonicalSEC ↗
Q4 202413F-HRFeb 6, 2025133$717.2M canonicalSEC ↗
Q3 202413F-HRNov 4, 2024145$828.8M canonicalSEC ↗
Q2 202413F-HRJul 30, 2024140$729.6M canonicalSEC ↗
Q1 202413F-HRMay 1, 2024139$706.5M canonicalSEC ↗