# EDGAR Filing Document

**Accession Number:** 0001080374
**File Stem:** 0001080374-25-000006
**Filing Date:** 2025-7
**Character Count:** 18167
**Document Hash:** 9aba6a9e4b884ff1697e8e7ed52ea3f7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001080374-25-000006.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001080374-25-000006

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**EFFECTIVENESS DATE**: 20250728

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JAG CAPITAL MANAGEMENT, LLC
- **CENTRAL INDEX KEY:** 0001080374

**ORGANIZATION NAME:**
- **EIN:** 453306979
- **STATE OF INCORPORATION:** MO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04485
- **FILM NUMBER:** 251153359

**BUSINESS ADDRESS:**
- **STREET 1:** 1610 DES PERES RD
- **STREET 2:** SUITE 120
- **CITY:** ST LOUIS
- **STATE:** MO
- **ZIP:** 63131
- **BUSINESS PHONE:** 3149971277

**MAIL ADDRESS:**
- **STREET 1:** 1610 DES PERES RD
- **STREET 2:** SUITE 120
- **CITY:** ST LOUIS
- **STATE:** MO
- **ZIP:** 63131

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GLYNN JA & CO
- **DATE OF NAME CHANGE:** 19990513

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** JAG CAPITAL MANAGEMENT LLC<br>**Address:** 1610 DES PERES RD<br>SUITE 120<br>ST LOUIS, MO 63131

**Form 13F File Number:** 028-04485

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Kate Hurt<br>**Title:** SVP of Operations<br>**Phone:** 314-447-2510

**Signature, Place, and Date of Signing:**

Kate Hurt  St Louis, MO  07-28-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 149

**Form 13F Information Table Value Total:** $894102723

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| A T  T Inc | COM | 00206R102 |  | 409016 | 14133 | SH |  | SOLE |  | 14133 | 0 | 0 |
| AbbVie Inc | COM | 00287Y109 |  | 233154 | 1256 | SH |  | SOLE |  | 1256 | 0 | 0 |
| Adobe Inc | COM | 00724F101 |  | 3463737 | 8953 | SH |  | SOLE |  | 8953 | 0 | 0 |
| Advanced Micro Devices Inc | COM | 007903107 |  | 11880436 | 83724 | SH |  | SOLE |  | 83724 | 0 | 0 |
| Alaska Air Group | COM | 011659109 |  | 3377554 | 68261 | SH |  | SOLE |  | 68261 | 0 | 0 |
| Alibaba Grp Shs ADR | COM | 01609W102 |  | 140336 | 1237 | SH |  | SOLE |  | 1237 | 0 | 0 |
| Alibaba Grp Shs ADR | COM | 01609W102 |  | 56705 | 500 | SH | Call | SOLE |  | 500 | 0 | 0 |
| Alibaba Grp Shs ADR | COM | 01609W102 |  | 124751 | 1100 | SH | Call | SOLE |  | 1100 | 0 | 0 |
| Alphabet Inc  Class A | COM | 02079K305 |  | 21056485 | 119483 | SH |  | SOLE |  | 119483 | 0 | 0 |
| Alphabet Inc  Class C | COM | 02079K107 |  | 5822918 | 32826 | SH |  | SOLE |  | 32826 | 0 | 0 |
| Alphabet Inc  Class C | COM | 02079K107 |  | 53217 | 300 | SH | Call | SOLE |  | 300 | 0 | 0 |
| Alphabet Inc  Class C | COM | 02079K107 |  | 354780 | 2000 | SH | Call | SOLE |  | 2000 | 0 | 0 |
| Amazon.com Inc. | COM | 023135106 |  | 55755761 | 254140 | SH |  | SOLE |  | 254140 | 0 | 0 |
| Ameren Corporation | COM | 023608102 |  | 536095 | 5582 | SH |  | SOLE |  | 5582 | 0 | 0 |
| American Express Company | COM | 025816109 |  | 5418226 | 16986 | SH |  | SOLE |  | 16986 | 0 | 0 |
| American Tower REIT | COM | 03027X100 |  | 2171079 | 9823 | SH |  | SOLE |  | 9823 | 0 | 0 |
| Amgen Incorporated | COM | 031162100 |  | 316720 | 1134 | SH |  | SOLE |  | 1134 | 0 | 0 |
| APi Group Corp | COM | 00187Y100 |  | 351377 | 6883 | SH |  | SOLE |  | 6883 | 0 | 0 |
| Apple Inc | COM | 037833100 |  | 50971131 | 248434 | SH |  | SOLE |  | 248434 | 0 | 0 |
| Apple Inc | COM | 037833100 |  | 205170 | 1000 | SH | Call | SOLE |  | 1000 | 0 | 0 |
| Applied Materials Inc. | COM | 038222105 |  | 4208779 | 22990 | SH |  | SOLE |  | 22990 | 0 | 0 |
| ASML Holding NV | COM | N07059210 |  | 11039949 | 13776 | SH |  | SOLE |  | 13776 | 0 | 0 |
| Automatic Data Processing | COM | 053015103 |  | 203544 | 660 | SH |  | SOLE |  | 660 | 0 | 0 |
| Axon Enterprise Inc | COM | 05464C101 |  | 22482711 | 27155 | SH |  | SOLE |  | 27155 | 0 | 0 |
| Badger Meter Inc | COM | 056525108 |  | 218005 | 890 | SH |  | SOLE |  | 890 | 0 | 0 |
| Ball Corp | COM | 058498106 |  | 1378636 | 24579 | SH |  | SOLE |  | 24579 | 0 | 0 |
| Bank of America Corporation | COM | 060505104 |  | 426163 | 9006 | SH |  | SOLE |  | 9006 | 0 | 0 |
| Berkshire Hathaway Inc  Class | COM | 084670702 |  | 3414477 | 7029 | SH |  | SOLE |  | 7029 | 0 | 0 |
| Boeing Company | COM | 097023105 |  | 432363 | 2063 | SH |  | SOLE |  | 2063 | 0 | 0 |
| Booking Hldgs Inc | COM | 09857L108 |  | 10467244 | 1808 | SH |  | SOLE |  | 1808 | 0 | 0 |
| Boston Scientific Corporation | COM | 101137107 |  | 17020833 | 158466 | SH |  | SOLE |  | 158466 | 0 | 0 |
| Broadcom Inc | COM | 11135F101 |  | 33308566 | 120836 | SH |  | SOLE |  | 120836 | 0 | 0 |
| Casey's General Stores Inc | COM | 147528103 |  | 756730 | 1483 | SH |  | SOLE |  | 1483 | 0 | 0 |
| Cass Information Systems Inc. | COM | 14808P109 |  | 1109795 | 25542 | SH |  | SOLE |  | 25542 | 0 | 0 |
| Caterpillar Inc | COM | 149123101 |  | 418939 | 1079 | SH |  | SOLE |  | 1079 | 0 | 0 |
| Celsius Holdings Inc | COM | 15118V207 |  | 228981 | 4936 | SH |  | SOLE |  | 4936 | 0 | 0 |
| Chevron Corporation | COM | 166764100 |  | 205550 | 1436 | SH |  | SOLE |  | 1436 | 0 | 0 |
| Chewy Inc  Class A | COM | 16679L109 |  | 341898 | 8022 | SH |  | SOLE |  | 8022 | 0 | 0 |
| Ciena Corporation | COM | 171779309 |  | 250740 | 3083 | SH |  | SOLE |  | 3083 | 0 | 0 |
| Cintas Corp | COM | 172908105 |  | 6773957 | 30394 | SH |  | SOLE |  | 30394 | 0 | 0 |
| Cisco Systems Inc | COM | 17275R102 |  | 15513368 | 223600 | SH |  | SOLE |  | 223600 | 0 | 0 |
| Citigroup Inc | COM | 172967424 |  | 180473 | 2120 | SH |  | SOLE |  | 2120 | 0 | 0 |
| Citigroup Inc | COM | 172967424 |  | 170240 | 2000 | SH | Call | SOLE |  | 2000 | 0 | 0 |
| Coca-Cola Company | COM | 191216100 |  | 2618486 | 37010 | SH |  | SOLE |  | 37010 | 0 | 0 |
| Colgate Palmolive Co. | COM | 194162103 |  | 2870358 | 31577 | SH |  | SOLE |  | 31577 | 0 | 0 |
| Commerce Bancshares Inc. | COM | 200525103 |  | 647193 | 10410 | SH |  | SOLE |  | 10410 | 0 | 0 |
| Costco Wholesale Corporation | COM | 22160K105 |  | 22096349 | 22321 | SH |  | SOLE |  | 22321 | 0 | 0 |
| Crowdstrike Hldgs Inc Cl A | COM | 22788C105 |  | 10191293 | 20010 | SH |  | SOLE |  | 20010 | 0 | 0 |
| CyberArk Software Ltd | COM | M2682V108 |  | 20071797 | 49331 | SH |  | SOLE |  | 49331 | 0 | 0 |
| Deere  Company | COM | 244199105 |  | 3248571 | 6389 | SH |  | SOLE |  | 6389 | 0 | 0 |
| Disney Walt Co. | COM | 254687106 |  | 4465538 | 36009 | SH |  | SOLE |  | 36009 | 0 | 0 |
| eBay Inc | COM | 278642103 |  | 394340 | 5296 | SH |  | SOLE |  | 5296 | 0 | 0 |
| Eli Lilly  Co | COM | 532457108 |  | 19189913 | 24617 | SH |  | SOLE |  | 24617 | 0 | 0 |
| Emerson Electric Company | COM | 291011104 |  | 527236 | 3954 | SH |  | SOLE |  | 3954 | 0 | 0 |
| Enterprise Financial Services | COM | 293712105 |  | 614050 | 11144 | SH |  | SOLE |  | 11144 | 0 | 0 |
| Eos Energy Enterprises Inc | COM | 29415C101 |  | 376064 | 73450 | SH |  | SOLE |  | 73450 | 0 | 0 |
| Exxon Mobil Corporation | COM | 30231G102 |  | 209587 | 1944 | SH |  | SOLE |  | 1944 | 0 | 0 |
| Fair Isaac Corp | COM | 303250104 |  | 16491855 | 9022 | SH |  | SOLE |  | 9022 | 0 | 0 |
| Fedex Corporation | COM | 31428X106 |  | 2246072 | 9881 | SH |  | SOLE |  | 9881 | 0 | 0 |
| Fiserv Inc | COM | 337738108 |  | 3976637 | 23065 | SH |  | SOLE |  | 23065 | 0 | 0 |
| Frontier Communications Parent | COM | 35909D109 |  | 297970 | 8186 | SH |  | SOLE |  | 8186 | 0 | 0 |
| Genius Sports Limited | COM | G3934V109 |  | 109980 | 10575 | SH |  | SOLE |  | 10575 | 0 | 0 |
| Goldman Sachs Group Inc | COM | 38141G104 |  | 389656 | 551 | SH |  | SOLE |  | 551 | 0 | 0 |
| Hermes International SCA  ADR | COM | 42751Q105 |  | 498842 | 1840 | SH |  | SOLE |  | 1840 | 0 | 0 |
| Home Depot Inc | COM | 437076102 |  | 692199 | 1888 | SH |  | SOLE |  | 1888 | 0 | 0 |
| Intl. Business Machines Corp. | COM | 459200101 |  | 10765955 | 36522 | SH |  | SOLE |  | 36522 | 0 | 0 |
| Intuitive Surgical Inc | COM | 46120E602 |  | 17543992 | 32285 | SH |  | SOLE |  | 32285 | 0 | 0 |
| IQVIA Hldgs Inc | COM | 46266C105 |  | 1827414 | 11596 | SH |  | SOLE |  | 11596 | 0 | 0 |
| Jabil Inc | COM | 466313103 |  | 291600 | 1337 | SH |  | SOLE |  | 1337 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 207807 | 1360 | SH |  | SOLE |  | 1360 | 0 | 0 |
| JP Morgan Chase  Co. | COM | 46625H100 |  | 427476 | 1475 | SH |  | SOLE |  | 1475 | 0 | 0 |
| Labcorp Holdings Inc | COM | 504922105 |  | 3369053 | 12834 | SH |  | SOLE |  | 12834 | 0 | 0 |
| Life Time Group Holdings Inc | COM | 53190C102 |  | 261930 | 8636 | SH |  | SOLE |  | 8636 | 0 | 0 |
| Linde PLC New | COM | G54950103 |  | 477625 | 1018 | SH |  | SOLE |  | 1018 | 0 | 0 |
| Lowe's Companies Inc | COM | 548661107 |  | 3362480 | 15155 | SH |  | SOLE |  | 15155 | 0 | 0 |
| Lululemon Athletica Inc. | COM | 550021109 |  | 1743837 | 7340 | SH |  | SOLE |  | 7340 | 0 | 0 |
| Lululemon Athletica Inc. | COM | 550021109 |  | 237580 | 1000 | SH | Call | SOLE |  | 1000 | 0 | 0 |
| Mastercard Inc Class A | COM | 57636Q104 |  | 24545647 | 43680 | SH |  | SOLE |  | 43680 | 0 | 0 |
| McDonalds Corp. | COM | 580135101 |  | 417219 | 1428 | SH |  | SOLE |  | 1428 | 0 | 0 |
| Meta Platforms Inc  Class A | COM | 30303M102 |  | 57414801 | 77788 | SH |  | SOLE |  | 77788 | 0 | 0 |
| Microsoft Corporation | COM | 594918104 |  | 54286231 | 109138 | SH |  | SOLE |  | 109138 | 0 | 0 |
| monday.com Ltd | COM | M7S64H106 |  | 254100 | 808 | SH |  | SOLE |  | 808 | 0 | 0 |
| Natera Inc | COM | 632307104 |  | 15854850 | 93849 | SH |  | SOLE |  | 93849 | 0 | 0 |
| Netflix Inc. | COM | 64110L106 |  | 32479259 | 24254 | SH |  | SOLE |  | 24254 | 0 | 0 |
| NextEra Energy Inc | COM | 65339F101 |  | 374660 | 5397 | SH |  | SOLE |  | 5397 | 0 | 0 |
| Norfolk Southern Corp. | COM | 655844108 |  | 322422 | 1260 | SH |  | SOLE |  | 1260 | 0 | 0 |
| Northrop Grumman Corp | COM | 666807102 |  | 442099 | 884 | SH |  | SOLE |  | 884 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 64672948 | 409348 | SH |  | SOLE |  | 409348 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 94794 | 600 | SH | Call | SOLE |  | 600 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 15799 | 100 | SH | Call | SOLE |  | 100 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 63196 | 400 | SH | Call | SOLE |  | 400 | 0 | 0 |
| Oracle Corporation | COM | 68389X105 |  | 618523 | 2829 | SH |  | SOLE |  | 2829 | 0 | 0 |
| Oracle Corporation | COM | 68389X105 |  | 218630 | 1000 | SH | Call | SOLE |  | 1000 | 0 | 0 |
| Palantir Technologies Inc  Cla | COM | 69608A108 |  | 8076142 | 59244 | SH |  | SOLE |  | 59244 | 0 | 0 |
| Palantir Technologies Inc  Cla | COM | 69608A108 |  | 13632 | 100 | SH | Call | SOLE |  | 100 | 0 | 0 |
| Palantir Technologies Inc  Cla | COM | 69608A108 |  | 13632 | 100 | SH | Call | SOLE |  | 100 | 0 | 0 |
| PepsiCo Inc | COM | 713448108 |  | 2509882 | 19009 | SH |  | SOLE |  | 19009 | 0 | 0 |
| Philip Morris International In | COM | 718172109 |  | 1063423 | 5839 | SH |  | SOLE |  | 5839 | 0 | 0 |
| Procter  Gamble Co. | COM | 742718109 |  | 3725540 | 23384 | SH |  | SOLE |  | 23384 | 0 | 0 |
| QCR Holdings Inc | COM | 74727A104 |  | 246137 | 3625 | SH |  | SOLE |  | 3625 | 0 | 0 |
| Qualcomm Inc | COM | 747525103 |  | 2755342 | 17301 | SH |  | SOLE |  | 17301 | 0 | 0 |
| Salesforce Inc | COM | 79466L302 |  | 464673 | 1704 | SH |  | SOLE |  | 1704 | 0 | 0 |
| ServiceNow Inc | COM | 81762P102 |  | 13167649 | 12808 | SH |  | SOLE |  | 12808 | 0 | 0 |
| Sherwin-Williams Co | COM | 824348106 |  | 610804 | 1779 | SH |  | SOLE |  | 1779 | 0 | 0 |
| Simmons First Natl Corp Cl A | COM | 828730200 |  | 2328684 | 122821 | SH |  | SOLE |  | 122821 | 0 | 0 |
| Sino Express Travel Ltd. | COM | 82936B102 |  | 0 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| Spotify Technology SA | COM | L8681T102 |  | 27133910 | 35361 | SH |  | SOLE |  | 35361 | 0 | 0 |
| Starbucks Corporation | COM | 855244109 |  | 706559 | 7711 | SH |  | SOLE |  | 7711 | 0 | 0 |
| Synchrony Finl Corp | COM | 87165B103 |  | 4027359 | 60344 | SH |  | SOLE |  | 60344 | 0 | 0 |
| Taiwan Semiconductor Manufactu | COM | 874039100 |  | 10175135 | 44925 | SH |  | SOLE |  | 44925 | 0 | 0 |
| Take -Two Interactive Software | COM | 874054109 |  | 25431981 | 104723 | SH |  | SOLE |  | 104723 | 0 | 0 |
| Target Corporation | COM | 87612E106 |  | 1611358 | 16334 | SH |  | SOLE |  | 16334 | 0 | 0 |
| TechPrecision Corp New | COM | 878739200 |  | 47203 | 12621 | SH |  | SOLE |  | 12621 | 0 | 0 |
| Tesla Motors Inc | COM | 88160R101 |  | 15239738 | 47975 | SH |  | SOLE |  | 47975 | 0 | 0 |
| Tesla Motors Inc | COM | 88160R101 |  | 63532 | 200 | SH | Call | SOLE |  | 200 | 0 | 0 |
| Tesla Motors Inc | COM | 88160R101 |  | 95298 | 300 | SH | Call | SOLE |  | 300 | 0 | 0 |
| Tesla Motors Inc | COM | 88160R101 |  | 31766 | 100 | SH | Call | SOLE |  | 100 | 0 | 0 |
| Tesla Motors Inc | COM | 88160R101 |  | 158830 | 500 | SH | Call | SOLE |  | 500 | 0 | 0 |
| Tesla Motors Inc | COM | 88160R101 |  | 31766 | 100 | SH | Call | SOLE |  | 100 | 0 | 0 |
| TKO Group Holdings Inc A | COM | 87256C101 |  | 13244027 | 72789 | SH |  | SOLE |  | 72789 | 0 | 0 |
| Toast Inc | COM | 888787108 |  | 232478 | 5249 | SH |  | SOLE |  | 5249 | 0 | 0 |
| U. S. Bancorp | COM | 902973304 |  | 639166 | 14125 | SH |  | SOLE |  | 14125 | 0 | 0 |
| Uber Technologies Inc | COM | 90353T100 |  | 25164503 | 269716 | SH |  | SOLE |  | 269716 | 0 | 0 |
| UL Solutions Inc  Class A | COM | 903731107 |  | 249327 | 3422 | SH |  | SOLE |  | 3422 | 0 | 0 |
| Union Pacific Corporation | COM | 907818108 |  | 2884283 | 12536 | SH |  | SOLE |  | 12536 | 0 | 0 |
| United Rentals Inc | COM | 911363109 |  | 5082158 | 6746 | SH |  | SOLE |  | 6746 | 0 | 0 |
| US Foods Holdings Corporation | COM | 912008109 |  | 13888137 | 180342 | SH |  | SOLE |  | 180342 | 0 | 0 |
| Verizon Communications | COM | 92343V104 |  | 286156 | 6613 | SH |  | SOLE |  | 6613 | 0 | 0 |
| Visa Inc  Class A | COM | 92826C839 |  | 4983482 | 14036 | SH |  | SOLE |  | 14036 | 0 | 0 |
| Vistra Corporation | COM | 92840M102 |  | 244201 | 1260 | SH |  | SOLE |  | 1260 | 0 | 0 |
| Walmart Inc | COM | 931142103 |  | 952401 | 9740 | SH |  | SOLE |  | 9740 | 0 | 0 |
| Williams Companies | COM | 969457100 |  | 522579 | 8320 | SH |  | SOLE |  | 8320 | 0 | 0 |
| XPO Inc | COM | 983793100 |  | 242856 | 1923 | SH |  | SOLE |  | 1923 | 0 | 0 |
| Zion Oil  Gas | COM | 989696109 |  | 5800 | 31000 | SH |  | SOLE |  | 31000 | 0 | 0 |
| Zoetis Inc Cl A | COM | 98978V103 |  | 2028442 | 13007 | SH |  | SOLE |  | 13007 | 0 | 0 |
| Liberty Media Corporation  Sen | CONV | 530715AG6 |  | 33300 | 333000 | PRN |  | SOLE |  | 333000 | 0 | 0 |
| Flaherty  Crumrine Pfd Income | ETF | 33848E106 |  | 117475 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| Invesco QQQ Trust Series 1 | ETF | 46090E103 |  | 214047 | 388 | SH |  | SOLE |  | 388 | 0 | 0 |
| iShares Russell 2000 ETF | ETF | 464287655 |  | 208669 | 967 | SH |  | SOLE |  | 967 | 0 | 0 |
| iShares S 500 Growth ETF | ETF | 464287309 |  | 280535 | 2548 | SH |  | SOLE |  | 2548 | 0 | 0 |
| S 500 Depositary Receipt | ETF | 78462F103 |  | 397354 | 643 | SH |  | SOLE |  | 643 | 0 | 0 |
| Vanguard Dividend Appreciation | ETF | 921908844 |  | 1038700 | 5075 | SH |  | SOLE |  | 5075 | 0 | 0 |
| Vanguard Emerging Markets ETF | ETF | 922042858 |  | 272772 | 5515 | SH |  | SOLE |  | 5515 | 0 | 0 |
| Vanguard Small-Cap Index Fund | ETF | 922908751 |  | 1096506 | 4627 | SH |  | SOLE |  | 4627 | 0 | 0 |
| Vanguard Small-Cap Value ETF | ETF | 922908611 |  | 337367 | 1730 | SH |  | SOLE |  | 1730 | 0 | 0 |
| Vanguard Tax Managed Fund FTSE | ETF | 921943858 |  | 1155878 | 20275 | SH |  | SOLE |  | 20275 | 0 | 0 |
| Arbor Realty Trust Inc  Cumula | PFD | 038923876 |  | 222922 | 13044 | SH |  | SOLE |  | 13044 | 0 | 0 |
| Enterprise Financial Services | PFD | 293712303 |  | 280725 | 14250 | SH |  | SOLE |  | 14250 | 0 | 0 |
| Rait Finl Tr Pfd Ser A Cum Div | PFD | 749227203 |  | 0 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |

---