Q1 2025 · 13F-HR
Callahan Advisors, LLCholdings as filed
Filed 2025-05-01 · accession 0001140361-25-016719
$1.05B
Reported value
162
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 30303M102 | META | Meta Platforms Inc Class A | $59.3M | 5.65% | 102,937 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $46.8M | 4.46% | 124,702 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc Class C | $41.4M | 3.95% | 265,152 | Common | SOLE |
| 023135106 | AMZN | Amazon Com Inc | $41.2M | 3.92% | 216,442 | Common | SOLE |
| 037833100 | AAPL | Apple Computer Inc | $36.1M | 3.44% | 162,656 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Cl B | $31.1M | 2.96% | 58,408 | Common | SOLE |
| H1467J104 | CB | Chubb Ltd F | $27.7M | 2.64% | 91,590 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp | $24.8M | 2.36% | 473,221 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co. | $24.7M | 2.35% | 100,543 | Common | SOLE |
| 91324P102 | UNH | United Healthcare Cor | $24.5M | 2.34% | 46,858 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $20.7M | 1.98% | 125,052 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc | $20.2M | 1.93% | 4,388 | Common | SOLE |
| 713448108 | PEP | Pepsico Incorporated | $19.0M | 1.81% | 126,941 | Common | SOLE |
| 580135101 | MCD | McDonalds Corp | $18.8M | 1.79% | 60,175 | Common | SOLE |
| 863667101 | SYK | Stryker Corp | $18.4M | 1.75% | 49,410 | Common | SOLE |
| 149123101 | CAT | Caterpillar Inc | $18.0M | 1.72% | 54,657 | Common | SOLE |
| 30231G102 | XOM | Exxon Mobil Corp | $17.9M | 1.71% | 150,810 | Common | SOLE |
| 742718109 | PG | Procter & Gamble Co | $17.7M | 1.69% | 103,980 | Common | SOLE |
| 31428X106 | FDX | FedEx Corporation | $17.3M | 1.65% | 70,875 | Common | SOLE |
| 166764100 | CVX | Chevron Corp | $17.2M | 1.64% | 102,600 | Common | SOLE |
| 26884L109 | EQT | EQT Corporation | $16.7M | 1.59% | 311,658 | Common | SOLE |
| 65339F101 | NEE | NextEra Energy, Inc | $16.3M | 1.55% | 230,164 | Common | SOLE |
| 931142103 | WMT | Walmart Inc | $15.2M | 1.44% | 172,612 | Common | SOLE |
| 717081103 | PFE | Pfizer Incorporated | $14.6M | 1.39% | 575,497 | Common | SOLE |
| 57636Q104 | MA | Mastercard Inc | $14.4M | 1.37% | 26,307 | Common | SOLE |
| 548661107 | LOW | Lowes Companies Inc | $14.4M | 1.37% | 61,775 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp | $13.8M | 1.31% | 127,162 | Common | SOLE |
| 532457108 | LLY | Eli Lilly & Company | $13.8M | 1.31% | 16,660 | Common | SOLE |
| 34959E109 | FTNT | Fortinet Inc | $13.1M | 1.25% | 136,496 | Common | SOLE |
| 704326107 | PAYX | Paychex Inc | $11.8M | 1.12% | 76,386 | Common | SOLE |
| 136375102 | CNI | Canadian Natl Ry Co | $11.3M | 1.08% | 115,874 | Common | SOLE |
| 002824100 | ABT | Abbott Laboratories | $11.2M | 1.06% | 84,153 | Common | SOLE |
| 038222105 | AMAT | Applied Materials Inc | $11.0M | 1.05% | 75,676 | Common | SOLE |
| 49456B101 | KMI | Kinder Morgan Inc | $10.7M | 1.02% | 374,009 | Common | SOLE |
| 806857108 | SLB | Schlumberger Ltd | $9.5M | 0.91% | 228,188 | Common | SOLE |
| 26969P108 | EXP | Eagle Materials Inc | $9.5M | 0.91% | 42,838 | Common | SOLE |
| G8473T100 | STE | Steris Corp | $9.4M | 0.89% | 41,376 | Common | SOLE |
| 22052L104 | CTVA | Corteva Inc | $8.8M | 0.84% | 140,552 | Common | SOLE |
| 26875P101 | EOG | E O G Resources Inc | $8.7M | 0.83% | 68,003 | Common | SOLE |
| 00206R102 | T | AT&T Inc | $8.5M | 0.81% | 300,916 | Common | SOLE |
| G1151C101 | ACN | Accenture PLC CL A | $8.5M | 0.81% | 27,088 | Common | SOLE |
| 79466L302 | CRM | Salesforce Com | $8.4M | 0.80% | 31,434 | Common | SOLE |
| 37940X102 | GPN | Global Payments Inc | $7.8M | 0.74% | 79,555 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Inc | $7.5M | 0.72% | 19,620 | Common | SOLE |
| 14149Y108 | CAH | Cardinal Health Inc | $7.2M | 0.68% | 52,067 | Common | SOLE |
| 911363109 | URI | United Rentals Inc | $7.1M | 0.68% | 11,320 | Common | SOLE |
| 172908105 | CTAS | Cintas Corp | $6.9M | 0.66% | 33,619 | Common | SOLE |
| N07059210 | ASML | A S M L Holding Nv New | $6.7M | 0.64% | 10,144 | Common | SOLE |
| 95040Q104 | WELL | Welltower Inc | $6.5M | 0.62% | 42,723 | Common | SOLE |
| 46266C105 | IQV | Iqvia Holdings Inc | $6.5M | 0.62% | 37,107 | Common | SOLE |
| 254687106 | DIS | Disney Walt Hldg Co | $6.0M | 0.57% | 60,339 | Common | SOLE |
| G96629103 | WTW | Willis Tower Watson P F | $5.7M | 0.54% | 16,729 | Common | SOLE |
| 29250N105 | ENB | Enbridge Inc | $5.6M | 0.54% | 126,972 | Common | SOLE |
| G29183103 | ETN | Eaton Corporation | $5.6M | 0.53% | 20,557 | Common | SOLE |
| 267475101 | DY | Dycom Industries Inc | $5.5M | 0.52% | 35,926 | Common | SOLE |
| 92345Y106 | VRSK | Verisk Analytics Inc | $5.2M | 0.50% | 17,544 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc Class A | $4.9M | 0.46% | 31,447 | Common | SOLE |
| 025816109 | AXP | American Express Company | $4.8M | 0.46% | 17,826 | Common | SOLE |
| 858927106 | STEL | Stellar Bancorp Inc | $4.6M | 0.44% | 166,731 | Common | SOLE |
| 884903808 | TRI4EUR | Thomson Reuters Corp | $4.5M | 0.43% | 26,314 | Common | SOLE |
| 70432V102 | PAYC | Paycom Software Inc | $4.4M | 0.42% | 20,040 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc | $4.3M | 0.41% | 70,439 | Common | SOLE |
| 74340W103 | PLD | Prologis Inc | $4.1M | 0.39% | 37,072 | Common | SOLE |
| 98138H101 | WDAY | Workday Inc | $3.8M | 0.37% | 16,418 | Common | SOLE |
| 191216100 | KO | Coca Cola Company | $3.8M | 0.37% | 53,521 | Common | SOLE |
| 29362U104 | ENTG | Entegris Inc | $3.5M | 0.33% | 39,697 | Common | SOLE |
| 229899109 | CFR | Cullen/Frost Bankers, Inc. | $3.4M | 0.32% | 26,995 | Common | SOLE |
| 23331A109 | DHI | D R Horton Co | $3.3M | 0.31% | 25,965 | Common | SOLE |
| 084670108 | BRK/A | Berkshire Hathaway Cl A | $3.2M | 0.30% | 4 | Common | SOLE |
| 92826C839 | V | Visa Inc Cl A | $3.1M | 0.30% | 8,879 | Common | SOLE |
| 855244109 | SBUX | Starbucks Corp | $3.1M | 0.30% | 31,628 | Common | SOLE |
| 81762P102 | NOW | Service Now Inc | $3.1M | 0.30% | 3,895 | Common | SOLE |
| 437076102 | HD | Home Depot Inc | $3.1M | 0.29% | 8,409 | Common | SOLE |
| 654106103 | NKE | Nike Inc Class B | $3.1M | 0.29% | 48,317 | Common | SOLE |
| 293792107 | EPD | Enterprise Prd Prtnrs Lp | $3.0M | 0.29% | 88,342 | Common | SOLE |
| 115637209 | BF/B | Brown Forman Corp Cl B | $2.9M | 0.28% | 86,649 | Common | SOLE |
| 427866108 | HSY | Hershey Foods Corp | $2.7M | 0.26% | 15,856 | Common | SOLE |
| 830940102 | SKWD | Skyward Specialty Ins Gr | $2.7M | 0.25% | 50,254 | Common | NONE |
| 235851102 | DHR | Danaher Corp | $2.6M | 0.25% | 12,599 | Common | SOLE |
| 09248F109 | — | Blackrock Municipal Inco | $2.5M | 0.24% | 255,951 | Common | SOLE |
| 52110M109 | LAZ | Lazard Inc | $2.5M | 0.24% | 57,801 | Common | SOLE |
| 872540109 | TJX | T J X Cos Inc | $2.5M | 0.24% | 20,502 | Common | SOLE |
| 088606108 | BHP | Bhp Billiton Ltd Adr | $2.5M | 0.23% | 50,700 | Common | SOLE |
| 58933Y105 | MRK | Merck & Co Inc | $2.4M | 0.23% | 26,738 | Common | SOLE |
| 98978V103 | ZTS | Zoetis Inc | $2.4M | 0.23% | 14,388 | Common | SOLE |
| 904767704 | — | Unilever Plc Adr New | $2.2M | 0.21% | 37,600 | Common | SOLE |
| 126650100 | CVS | CVS Health Corporation | $2.2M | 0.21% | 32,365 | Common | SOLE |
| 718172109 | PM | Philip Morris Intl Inc | $2.0M | 0.19% | 12,801 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductr Adrf | $2.0M | 0.19% | 12,237 | Common | SOLE |
| 337738108 | FISV | Fiserv Inc | $2.0M | 0.19% | 8,910 | Common | SOLE |
| 25243Q205 | DEO | Diageo Plc New Adr | $2.0M | 0.19% | 18,719 | Common | SOLE |
| 369550108 | GD | General Dynamics Corp | $1.9M | 0.19% | 7,147 | Common | SOLE |
| 75513E101 | RTX | RTX Corp | $1.9M | 0.18% | 14,524 | Common | SOLE |
| 665859104 | NTRS | Northern Trust Corp | $1.9M | 0.18% | 19,492 | Common | SOLE |
| 539830109 | LMT | Lockheed Martin Corp | $1.7M | 0.16% | 3,873 | Common | SOLE |
| 76131D103 | QSR | Restaurant Brands | $1.7M | 0.16% | 25,030 | Common | SOLE |
| 459200101 | IBM | Intl Business Machines | $1.5M | 0.15% | 6,171 | Common | SOLE |
| 46429B655 | FLOT | Ishares Floating Rate ETF | $1.5M | 0.14% | 28,569 | Common | SOLE |
| 260557103 | DOW | Dow Inc. | $1.4M | 0.13% | 38,756 | Common | SOLE |
| 808524102 | SCHB | Schwab US Market ETF | $1.3M | 0.13% | 61,813 | Common | SOLE |
| 337932107 | FE | Firstenergy Corp | $1.3M | 0.13% | 32,600 | Common | SOLE |
| 94106L109 | WM | Waste Management Inc Del | $1.3M | 0.12% | 5,440 | Common | SOLE |
| 907818108 | UNP | Union Pacific Corp | $1.2M | 0.12% | 5,285 | Common | SOLE |
| 09249N101 | BLE | Blackrock Municipal Inco | $1.2M | 0.12% | 116,815 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie Inc | $1.2M | 0.11% | 5,728 | Common | SOLE |
| 682680103 | OKE | ONEOK Inc | $1.2M | 0.11% | 12,071 | Common | SOLE |
| 57060D108 | MKTX | Marketaxess Holdings | $1.2M | 0.11% | 5,500 | Common | SOLE |
| 25278X109 | FANG | Diamondback Energy | $1.0M | 0.10% | 6,392 | Common | SOLE |
| 56035L104 | MAIN | Main Street Capital Corp | $966,925 | 0.09% | 17,096 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF | $951,084 | 0.09% | 1,700 | Common | SOLE |
| 32020R109 | FFIN | 1st Finl Banksh | $893,330 | 0.09% | 24,870 | Common | SOLE |
| 20825C104 | COP | Conocophillips | $889,210 | 0.08% | 8,467 | Common | SOLE |
| 670928100 | NUV | Nuveen Muni Value Fund | $828,607 | 0.08% | 94,482 | Common | SOLE |
| 358435105 | FRD | FRIEDMAN INDS INC COM | $774,965 | 0.07% | 52,046 | Common | SOLE |
| 64124P101 | NBH | Neuberger Berman Muni Fund | $771,729 | 0.07% | 74,205 | Common | SOLE |
| 7591EP100 | RF | Regions Financial Cp New | $710,571 | 0.07% | 32,700 | Common | SOLE |
| 09253T101 | XMVTX | Blackrock Munivest II Cf | $703,977 | 0.07% | 66,601 | Common | SOLE |
| G16252101 | BIP | Brookfield Infra Ptnrs | $685,943 | 0.07% | 23,026 | Common | SOLE |
| 02209S103 | MO | Altria Group Inc. | $667,788 | 0.06% | 11,126 | Common | SOLE |
| 22160K105 | COST | Costco Whsl Corp New | $660,387 | 0.06% | 698 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corporation | $636,543 | 0.06% | 4,553 | Common | SOLE |
| 11135F101 | AVGO | Broadcom Inc | $634,521 | 0.06% | 3,790 | Common | SOLE |
| 44952J104 | CRGY | Crescent Energy Co | $616,298 | 0.06% | 54,831 | Common | SOLE |
| 75886F107 | REGN | Regeneron Pharms Inc | $593,020 | 0.06% | 935 | Common | SOLE |
| 375558103 | GILD | Gilead Sciences Inc | $520,780 | 0.05% | 4,648 | Common | SOLE |
| 110122108 | BMY | Bristol-Myers Squibb Co | $512,102 | 0.05% | 8,396 | Common | SOLE |
| 09247D105 | XBKNX | Blackrock Investment Qlt | $467,785 | 0.04% | 40,712 | Common | SOLE |
| 459044103 | IBOC | Intl Bancshares Corp | $440,474 | 0.04% | 6,985 | Common | SOLE |
| 726503105 | PAA | Plains All Amern Ppln Lp | $434,273 | 0.04% | 21,714 | Common | SOLE |
| 46120E602 | ISRG | Intuitive Surgical New | $426,923 | 0.04% | 862 | Common | SOLE |
| 291011104 | EMR | Emerson Electric Co | $411,150 | 0.04% | 3,750 | Common | SOLE |
| 674599105 | OXY | Occidental Petroleum Corp | $399,816 | 0.04% | 8,100 | Common | SOLE |
| 922908363 | VOO | Vanguard S&P 500 ETF | $383,774 | 0.04% | 747 | Common | SOLE |
| 21036P108 | STZ | Constellation Brand | $382,340 | 0.04% | 2,083 | Common | SOLE |
| 01877R108 | ARLP | Alliance Resource Par Lp | $381,920 | 0.04% | 14,000 | Common | SOLE |
| 04010L103 | ARCC | Ares Capital Corp | $377,326 | 0.04% | 17,027 | Common | SOLE |
| 64110L106 | NFLX | Netflix Inc | $328,368 | 0.03% | 352 | Common | SOLE |
| 882508104 | TXN | Texas Instruments Inc | $319,650 | 0.03% | 1,779 | Common | SOLE |
| 115236101 | BRO | Brown & Brown Inc | $305,802 | 0.03% | 2,458 | Common | SOLE |
| 88579Y101 | MMM | 3M Co | $296,500 | 0.03% | 2,019 | Common | SOLE |
| 718546104 | PSX | Phillips 66 | $292,771 | 0.03% | 2,371 | Common | SOLE |
| 840441109 | SSBUSD | Southstate Corp | $283,685 | 0.03% | 3,056 | Common | SOLE |
| 92204A504 | VHT | Vanguard Health Care ETF | $280,879 | 0.03% | 1,061 | Common | SOLE |
| 756109104 | O | Realty Income Corp | $278,448 | 0.03% | 4,800 | Common | SOLE |
| 92204A884 | VOX | Vanguard Telecom ETF | $259,683 | 0.02% | 1,750 | Common | SOLE |
| 88160R101 | TSLA | Tesla Motors Inc | $250,608 | 0.02% | 967 | Common | SOLE |
| 842587107 | SO | The Southern Company | $248,265 | 0.02% | 2,700 | Common | SOLE |
| 92206C870 | VCIT | Vanguard Corp Bond ETF | $240,267 | 0.02% | 2,939 | Common | SOLE |
| 25179M103 | DVN | Devon Energy Corp New | $236,434 | 0.02% | 6,322 | Common | SOLE |
| 064149107 | BNS | Bank Of Nova Scotia | $232,407 | 0.02% | 4,900 | Common | SOLE |
| 78463V107 | GLD | Spdr Gold TRUST | $227,342 | 0.02% | 789 | Common | SOLE |
| 87612G101 | TRGP | Targa Resources Corp | $227,133 | 0.02% | 1,133 | Common | SOLE |
| 09260D107 | BX | Blackstone Group Lp | $226,966 | 0.02% | 1,624 | Common | SOLE |
| 22788C105 | CRWD | Crowdstrike Hldgs Inc | $225,651 | 0.02% | 640 | Common | SOLE |
| 46090E103 | QQQ | Invesco QQQ Trust ETF Unit | $216,954 | 0.02% | 463 | Common | SOLE |
| 84265V105 | SCCO | Southern Copper Corp | $209,163 | 0.02% | 2,238 | Common | SOLE |
| 71424F105 | PR | Permian Resources Corp | $208,848 | 0.02% | 15,079 | Common | SOLE |
| 256746108 | DLTR | Dollar Tree Inc | $204,190 | 0.02% | 2,720 | Common | SOLE |
| 03674X106 | AR | Antero Resouces Corp | $202,200 | 0.02% | 5,000 | Common | SOLE |
| 46132P108 | IIM | Invesco Value Muni Incm | $165,531 | 0.02% | 13,829 | Common | SOLE |
| 85236P101 | SLNG | Stabilis Solutions Inc | $136,683 | 0.01% | 28,182 | Common | SOLE |
| 76680V108 | REI | Ring Energy Inc | $34,570 | 0.00% | 30,061 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.