Callahan Advisors, LLC

13F filer · CIK 0001395055

Reported Aug 3, 2026

Net buyer this quarter

13F portfolio value$1.33BU.S. long equity reported on 13F

Positions1717 new · 5 closed

Net flow last quarter+$2.66MBuys minus sells

Top 10 positions weight35.7%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 3, 2026171 positions
GOOGAlphabet Inc.	$83.7M	6.31%	Not reported	-4.2%	Q3 2015
METAMeta Platforms, Inc.	$58.1M	4.38%	Not reported	+1.2%	Q3 2014
AMZNAmazon Com Inc	$56.2M	4.24%	0.00%	+0.9%	Q4 2015
MSFTMicrosoft Corp	$47.2M	3.56%	0.00%	+0.3%	Q2 2013
AMATApplied Materials Inc	$44.3M	3.34%	0.01%	-8.8%	Q3 2018
CATCaterpillar Inc	$42.1M	3.18%	0.01%	-10.9%	Q2 2013
AAPLApple Inc.	$40.9M	3.09%	0.00%	+0.6%	Q2 2013
NVDANvidia Corp	$35.7M	2.69%	0.00%	+4.2%	Q2 2021
CBChubb Ltd	$34.4M	2.60%	0.03%	+1.6%	Q1 2016
JPMJPMorgan Chase & Co	$31M	2.33%	0.00%	-0.9%	Q2 2013
BRK.BBerkshire Hathaway Inc	$30.6M	2.30%	Not reported	+2.3%	Q2 2013
BNBROOKFIELD Corp	$30.2M	2.28%	Not reported	+0.4%	Q1 2023
ASMLAsml Holding NV	$28.2M	2.13%	0.00%	+5.0%	Q3 2023
JNJJohnson & Johnson	$27M	2.04%	0.00%	-2.8%	Q2 2013
LLYELI LILLY & Co	$26.1M	1.97%	0.00%	+8.1%	Q4 2021
NEENextera Energy Inc	$25.4M	1.92%	0.01%	-4.3%	Q2 2013
BKNGBooking Holdings Inc.	$24.9M	1.88%	0.02%	+7.6%	Q1 2018
TSMTaiwan Semiconductor Manufacturing Co Ltd	$23.5M	1.77%	0.00%	+19.0%	Q2 2024
MAMastercard Inc	$20.7M	1.56%	0.00%	+6.6%	Q2 2021
EQTEQT Corp	$20.7M	1.56%	0.06%	+3.9%	Q4 2021
FTNTFortinet, Inc.	$20.4M	1.54%	0.02%	-1.9%	Q3 2020
PEPPepsico Inc	$20M	1.51%	0.01%	+11.5%	Q2 2013
MCDMcdonalds Corp	$19.1M	1.44%	0.01%	+10.3%	Q2 2013
SYKStryker Corp	$18.8M	1.42%	0.02%	+20.8%	Q2 2013
FDXFedex Corp	$18.6M	1.41%	0.03%	-2.8%	Q1 2016
XOMExxonMobil Holdings Corp	$16.9M	1.28%	0.00%	-3.9%	Q2 2013
UNHUnitedhealth Group Inc	$15.6M	1.18%	0.00%	-2.3%	Q2 2013
WMTWalmart Inc.	$15M	1.13%	0.00%	-1.9%	Q2 2013
PGPROCTER & GAMBLE Co	$14.8M	1.12%	0.00%	+1.4%	Q2 2013
DYDycom Industries Inc	$14.2M	1.07%	0.09%	0.0%	Q1 2016
CVXChevron Corp	$12.7M	0.96%	0.00%	-2.4%	Q2 2013
LOWLowes Companies Inc	$12.5M	0.94%	0.01%	-1.4%	Q2 2013
URIUnited Rentals, Inc.	$12.3M	0.93%	0.02%	-1.3%	Q3 2018
CVSCVS HEALTH Corp	$11.4M	0.86%	0.01%	+7.1%	Q2 2013
PFEPfizer Inc	$11.3M	0.86%	0.01%	-16.3%	Q2 2013
ETNEaton Corp plc	$11M	0.83%	0.01%	-0.1%	Q2 2013
NFLXNetflix Inc	$10.8M	0.82%	0.00%	+41.0%	Q4 2024
PAYXPaychex Inc	$10.7M	0.81%	0.03%	+22.4%	Q2 2013
DVADavita Inc.	$10M	0.76%	0.07%	+28.3%	Q4 2025
STESTERIS plc	$9.82M	0.74%	0.05%	+1.6%	Q2 2013
KMIKinder Morgan, Inc.	$9.62M	0.73%	0.01%	-2.9%	Q2 2013
WELLWelltower Inc.	$9.52M	0.72%	0.01%	-1.1%	Q4 2016
MSCIMSCI Inc.	$9.43M	0.71%	0.02%	+15.9%	Q4 2025
CTVACorteva, Inc.	$8.89M	0.67%	0.02%	-23.1%	Q4 2019
PRIPrimerica, Inc.	$8.82M	0.67%	0.10%	+22.5%	Q4 2025
GOOGLAlphabet Inc.	$8.61M	0.65%	0.00%	-10.9%	Q3 2015
GEVGE Vernova Inc.	$7.87M	0.59%	0.00%	+18.2%	Q2 2025
EXPEagle Materials Inc	$7.37M	0.56%	0.11%	+0.6%	Q4 2016
IQVIqvia Holdings Inc.	$7.33M	0.55%	0.02%	-14.8%	Q3 2018
CSCOCisco Systems, Inc.	$7M	0.53%	0.00%	-7.7%	Q2 2013

Q1 2026Reported May 12, 2026168 positions
GOOGAlphabet Inc.	$70.9M	5.92%	Not reported	-6.0%	Q3 2015
METAMeta Platforms, Inc.	$58.3M	4.86%	Not reported	+0.2%	Q3 2014
AMZNAmazon Com Inc	$48.7M	4.06%	0.00%	+3.5%	Q4 2015
MSFTMicrosoft Corp	$46.7M	3.90%	0.00%	+1.2%	Q2 2013
AAPLApple Inc.	$35.7M	2.98%	0.00%	-0.5%	Q2 2013
CBChubb Ltd	$32.4M	2.70%	0.03%	+2.0%	Q1 2016
CATCaterpillar Inc	$31.5M	2.63%	0.01%	-12.6%	Q2 2013
NVDANvidia Corp	$29.9M	2.49%	0.00%	+5.3%	Q2 2021
BRK.BBerkshire Hathaway Inc	$28.6M	2.39%	Not reported	+0.7%	Q2 2013
BNBROOKFIELD Corp	$28.6M	2.38%	Not reported	+0.3%	Q1 2023
NEENextera Energy Inc	$28.1M	2.35%	0.01%	-6.1%	Q2 2013
JPMJPMorgan Chase & Co	$28.1M	2.34%	0.00%	-1.2%	Q2 2013
JNJJohnson & Johnson	$26.8M	2.23%	0.00%	-9.2%	Q2 2013
EQTEQT Corp	$23.8M	1.99%	0.06%	+4.4%	Q4 2021
AMATApplied Materials Inc	$22.9M	1.91%	0.01%	-9.3%	Q3 2018
BKNGBooking Holdings Inc.	$21.9M	1.83%	0.02%	+12.3%	Q1 2018
XOMExxonMobil Holdings Corp	$21.9M	1.83%	0.00%	-3.2%	Q2 2013
FDXFedex Corp	$21.8M	1.82%	0.03%	-5.6%	Q1 2016
PEPPepsico Inc	$20.6M	1.72%	0.01%	+1.9%	Q2 2013
MCDMcdonalds Corp	$20M	1.67%	0.01%	+4.6%	Q2 2013
MAMastercard Inc	$18.9M	1.58%	0.00%	+13.0%	Q2 2021
LLYELI LILLY & Co	$18.5M	1.55%	0.00%	+5.2%	Q4 2021
ASMLAsml Holding NV	$17.8M	1.49%	0.00%	+2.3%	Q3 2023
WMTWalmart Inc.	$16.8M	1.40%	0.00%	-6.1%	Q2 2013
CVXChevron Corp	$16.2M	1.35%	0.00%	-7.3%	Q2 2013
SYKStryker Corp	$16.2M	1.35%	0.01%	+2.5%	Q2 2013
PFEPfizer Inc	$15.8M	1.32%	0.01%	-10.4%	Q2 2013
PGPROCTER & GAMBLE Co	$14.4M	1.20%	0.00%	-1.1%	Q2 2013
TSMTaiwan Semiconductor Manufacturing Co Ltd	$14M	1.17%	0.00%	+23.5%	Q2 2024
LOWLowes Companies Inc	$13.5M	1.13%	0.01%	-3.4%	Q2 2013
CTVACorteva, Inc.	$11.4M	0.95%	0.02%	-1.9%	Q4 2019
FTNTFortinet, Inc.	$11.1M	0.92%	0.02%	+0.1%	Q3 2020
UNHUnitedhealth Group Inc	$10.4M	0.87%	0.00%	-19.0%	Q2 2013
KMIKinder Morgan, Inc.	$10.4M	0.87%	0.01%	-3.2%	Q2 2013
NFLXNetflix Inc	$10.3M	0.86%	0.00%	+139.0%	Q4 2024
STESTERIS plc	$10.2M	0.85%	0.05%	-0.5%	Q2 2013
DYDycom Industries Inc	$9.53M	0.80%	0.09%	-6.3%	Q1 2016
ETNEaton Corp plc	$9.23M	0.77%	0.01%	-1.5%	Q2 2013
WELLWelltower Inc.	$8.38M	0.70%	0.01%	-5.0%	Q4 2016
PAYXPaychex Inc	$8.21M	0.68%	0.02%	+11.1%	Q2 2013
URIUnited Rentals, Inc.	$8M	0.67%	0.02%	-2.7%	Q3 2018
MSCIMSCI Inc.	$7.83M	0.65%	0.02%	+142.6%	Q4 2025
GOOGLAlphabet Inc.	$7.77M	0.65%	0.00%	-6.2%	Q3 2015
ABTAbbott Laboratories	$7.69M	0.64%	0.00%	-10.6%	Q2 2013
IQVIqvia Holdings Inc.	$7.59M	0.63%	0.03%	+3.1%	Q3 2018
CVSCVS HEALTH Corp	$7.4M	0.62%	0.01%	+13.4%	Q2 2013
PRIPrimerica, Inc.	$6.35M	0.53%	0.08%	+38.5%	Q4 2025
EXPEagle Materials Inc	$6.17M	0.51%	0.10%	-27.3%	Q4 2016
ENBEnbridge Inc	$6.09M	0.51%	0.01%	-7.7%	Q2 2018
INTUIntuit Inc.	$5.9M	0.49%	0.00%	+34.9%	Q4 2025

Q4 2025Reported Feb 6, 2026163 positions
GOOGAlphabet Inc.	$82.6M	6.79%	Not reported	-4.1%	Q3 2015
METAMeta Platforms, Inc.	$67.1M	5.51%	Not reported	-0.2%	Q3 2014
MSFTMicrosoft Corp	$60.3M	4.96%	0.00%	0.0%	Q2 2013
AMZNAmazon Com Inc	$52.1M	4.29%	0.00%	+0.9%	Q4 2015
AAPLApple Inc.	$38.4M	3.16%	0.00%	-3.3%	Q2 2013
BNBROOKFIELD Corp	$32.3M	2.65%	Not reported	-1.5%	Q1 2023
JPMJPMorgan Chase & Co	$31.1M	2.56%	0.00%	-1.3%	Q2 2013
CBChubb Ltd	$30.4M	2.50%	0.02%	+1.9%	Q1 2016
NVDANvidia Corp	$30.4M	2.49%	0.00%	+3.5%	Q2 2021
BRK.BBerkshire Hathaway Inc	$29.8M	2.45%	Not reported	+0.6%	Q2 2013
CATCaterpillar Inc	$29.1M	2.40%	0.01%	-6.5%	Q2 2013
NEENextera Energy Inc	$25.9M	2.13%	0.02%	-1.0%	Q2 2013
JNJJohnson & Johnson	$25M	2.05%	0.01%	-2.6%	Q2 2013
BKNGBooking Holdings Inc.	$24.8M	2.04%	0.01%	+1.9%	Q1 2018
LLYELI LILLY & Co	$20.6M	1.69%	0.00%	+2.5%	Q4 2021
EQTEQT Corp	$19.2M	1.58%	0.06%	+3.2%	Q4 2021
MAMastercard Inc	$19.1M	1.57%	0.00%	+8.2%	Q2 2021
AMATApplied Materials Inc	$19M	1.56%	0.01%	-2.1%	Q3 2018
FDXFedex Corp	$18.8M	1.54%	0.03%	-1.8%	Q1 2016
MCDMcdonalds Corp	$18.8M	1.54%	0.01%	+5.9%	Q2 2013
PEPPepsico Inc	$18.7M	1.54%	0.01%	-5.5%	Q2 2013
SYKStryker Corp	$16.9M	1.39%	0.01%	-1.5%	Q2 2013
WMTWalmart Inc.	$16.1M	1.32%	0.00%	-4.2%	Q2 2013
XOMExxonMobil Holdings Corp	$16M	1.32%	0.00%	-2.2%	Q2 2013
UNHUnitedhealth Group Inc	$15.7M	1.29%	0.01%	-4.4%	Q2 2013
PFEPfizer Inc	$15.6M	1.28%	0.01%	-12.1%	Q2 2013
PGPROCTER & GAMBLE Co	$14.4M	1.18%	0.00%	-5.9%	Q2 2013
LOWLowes Companies Inc	$14.3M	1.18%	0.01%	-1.3%	Q2 2013
ASMLAsml Holding NV	$14.1M	1.16%	0.00%	+2.6%	Q3 2023
CVXChevron Corp	$12.9M	1.06%	0.00%	-2.4%	Q2 2013
STESTERIS plc	$11.7M	0.96%	0.05%	-5.4%	Q2 2013
FTNTFortinet, Inc.	$10.8M	0.88%	0.02%	-1.7%	Q3 2020
ABTAbbott Laboratories	$10.5M	0.86%	0.00%	-1.5%	Q2 2013
TSMTaiwan Semiconductor Manufacturing Co Ltd	$10.2M	0.84%	0.00%	+6.0%	Q2 2024
DYDycom Industries Inc	$10.1M	0.83%	0.10%	-7.9%	Q1 2016
IQVIqvia Holdings Inc.	$9.72M	0.80%	0.03%	-4.4%	Q3 2018
CRMSalesforce, Inc.	$9.71M	0.80%	0.00%	-9.4%	Q4 2020
CTVACorteva, Inc.	$9.33M	0.77%	0.02%	-6.9%	Q4 2019
EXPEagle Materials Inc	$9.25M	0.76%	0.14%	-1.0%	Q4 2016
URIUnited Rentals, Inc.	$9.13M	0.75%	0.02%	-0.1%	Q3 2018
GOOGLAlphabet Inc.	$9.02M	0.74%	0.00%	-2.3%	Q3 2015
PAYXPaychex Inc	$9M	0.74%	0.02%	+8.6%	Q2 2013
KMIKinder Morgan, Inc.	$8.8M	0.72%	0.01%	-5.0%	Q2 2013
ETNEaton Corp plc	$8.35M	0.69%	0.01%	+0.7%	Q2 2013
WELLWelltower Inc.	$8.28M	0.68%	0.01%	-2.7%	Q4 2016
ADBEAdobe Inc.	$7.53M	0.62%	0.01%	-22.2%	Q3 2016
CVSCVS HEALTH Corp	$7.21M	0.59%	0.01%	+2.4%	Q2 2013
CAHCardinal Health Inc	$6.85M	0.56%	0.01%	-23.1%	Q2 2021
INTUIntuit Inc.	$6.7M	0.55%	0.00%	New	Q4 2025
AXPAmerican Express Co	$6.6M	0.54%	0.00%	0.0%	Q2 2013

Q3 2025Reported Oct 31, 2025156 positions
METAMeta Platforms, Inc.	$74.8M	6.35%	Not reported	-0.5%	Q3 2014
GOOGAlphabet Inc.	$66.8M	5.67%	Not reported	+0.7%	Q3 2015
MSFTMicrosoft Corp	$64.6M	5.49%	0.00%	+0.1%	Q2 2013
AMZNAmazon Com Inc	$49.2M	4.18%	0.00%	+1.2%	Q4 2015
AAPLApple Inc.	$37.2M	3.16%	0.00%	-2.8%	Q2 2013
BNBROOKFIELD Corp	$32.7M	2.77%	Not reported	-1.0%	Q1 2023
JPMJPMorgan Chase & Co	$30.9M	2.62%	0.00%	-1.2%	Q2 2013
BRK.BBerkshire Hathaway Inc	$29.6M	2.51%	Not reported	+0.9%	Q2 2013
NVDANvidia Corp	$29.4M	2.49%	0.00%	+5.4%	Q2 2021
CBChubb Ltd	$27M	2.29%	0.02%	+2.1%	Q1 2016
CATCaterpillar Inc	$25.9M	2.20%	0.01%	-1.4%	Q2 2013
NEENextera Energy Inc	$24.6M	2.09%	0.02%	+8.7%	Q2 2013
BKNGBooking Holdings Inc.	$24.5M	2.08%	0.01%	+2.0%	Q1 2018
JNJJohnson & Johnson	$22.9M	1.95%	0.01%	+0.2%	Q2 2013
PEPPepsico Inc	$19.4M	1.65%	0.01%	+5.7%	Q2 2013
EQTEQT Corp	$18.9M	1.60%	0.06%	+10.6%	Q4 2021
PFEPfizer Inc	$18.2M	1.54%	0.01%	+6.5%	Q2 2013
SYKStryker Corp	$18.1M	1.54%	0.01%	-0.6%	Q2 2013
MAMastercard Inc	$17.6M	1.50%	0.00%	+8.7%	Q2 2021
MCDMcdonalds Corp	$17.6M	1.50%	0.01%	-0.2%	Q2 2013
UNHUnitedhealth Group Inc	$17.2M	1.46%	0.01%	+3.0%	Q2 2013
PGPROCTER & GAMBLE Co	$16.4M	1.39%	0.00%	+0.7%	Q2 2013
FDXFedex Corp	$15.6M	1.32%	0.03%	-3.0%	Q1 2016
WMTWalmart Inc.	$15.5M	1.32%	0.00%	-3.2%	Q2 2013
AMATApplied Materials Inc	$15.5M	1.31%	0.01%	-1.5%	Q3 2018
XOMExxonMobil Holdings Corp	$15.4M	1.30%	0.00%	-4.2%	Q2 2013
LOWLowes Companies Inc	$15.1M	1.28%	0.01%	-1.0%	Q2 2013
LLYELI LILLY & Co	$14.3M	1.21%	0.00%	+4.0%	Q4 2021
CVXChevron Corp	$13.5M	1.14%	0.00%	-2.0%	Q2 2013
ASMLAsml Holding NV	$12.5M	1.06%	0.00%	+8.2%	Q3 2023
STESTERIS plc	$12.1M	1.03%	0.05%	+2.1%	Q2 2013
FTNTFortinet, Inc.	$11.6M	0.98%	0.02%	+1.9%	Q3 2020
ABTAbbott Laboratories	$11.4M	0.97%	0.00%	+1.0%	Q2 2013
URIUnited Rentals, Inc.	$10.8M	0.92%	0.02%	-2.5%	Q3 2018
EXPEagle Materials Inc	$10.5M	0.89%	0.14%	+0.8%	Q4 2016
CTVACorteva, Inc.	$10.1M	0.86%	0.02%	-0.3%	Q4 2019
ADBEAdobe Inc.	$9.76M	0.83%	0.01%	+19.2%	Q3 2016
ETNEaton Corp plc	$9.74M	0.83%	0.01%	+9.9%	Q2 2013
CRMSalesforce, Inc.	$9.58M	0.81%	0.00%	+22.1%	Q4 2020
KMIKinder Morgan, Inc.	$9.54M	0.81%	0.02%	-6.4%	Q2 2013
DYDycom Industries Inc	$9.5M	0.81%	0.11%	-6.6%	Q1 2016
PAYXPaychex Inc	$9.37M	0.80%	0.02%	-0.7%	Q2 2013
TSMTaiwan Semiconductor Manufacturing Co Ltd	$8.82M	0.75%	0.00%	+23.6%	Q2 2024
IQVIqvia Holdings Inc.	$8.57M	0.73%	0.03%	+3.8%	Q3 2018
WELLWelltower Inc.	$8.16M	0.69%	0.01%	+3.2%	Q4 2016
CNICanadian National Railway Co	$7.36M	0.62%	0.01%	-26.9%	Q2 2013
GOOGLAlphabet Inc.	$7.17M	0.61%	0.00%	-6.4%	Q3 2015
TAt&T Inc.	$6.92M	0.59%	0.00%	-12.7%	Q2 2013
CAHCardinal Health Inc	$6.8M	0.58%	0.02%	-9.1%	Q2 2021
CTASCintas Corp	$6.75M	0.57%	0.01%	-0.9%	Q3 2015

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