Q2 2025 · 13F-HR
Callahan Advisors, LLCholdings as filed
Filed 2025-07-28 · accession 0001140361-25-027574
$1.11B
Reported value
173
Positions
2025-06-30
Period end
The Brief · Callahan Advisors, LLC · Q2 2025
AI · grounded in 13F
Callahan Advisors, LLC established a new position in Meta Platforms Inc Class A META valued at $75.6M. The fund also initiated new stakes in Microsoft Corp MSFT for $61.9M and Amazon Com Inc AMZN for $48.6M. Additional new positions include Alphabet Inc Class C GOOG at $48.3M and Apple Computer Inc AAPL at $30.8M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 30303M102 | META | Meta Platforms Inc Class A | $75.6M | 6.79% | 102,361 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $62.0M | 5.57% | 124,628 | Common | SOLE |
| 023135106 | AMZN | Amazon Com Inc | $48.6M | 4.37% | 221,392 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc Class C | $48.3M | 4.34% | 272,430 | Common | SOLE |
| 037833100 | AAPL | Apple Computer Inc | $30.8M | 2.77% | 150,224 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp | $29.7M | 2.67% | 480,998 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co. | $28.7M | 2.58% | 99,012 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Cl B | $28.4M | 2.55% | 58,379 | Common | SOLE |
| H1467J104 | CB | Chubb Ltd F | $27.1M | 2.44% | 93,676 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc | $25.8M | 2.32% | 4,453 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp | $23.6M | 2.12% | 149,212 | Common | SOLE |
| 149123101 | CAT | Caterpillar Inc | $21.4M | 1.92% | 55,162 | Common | SOLE |
| 65339F101 | NEE | NextEra Energy, Inc | $20.8M | 1.87% | 299,948 | Common | SOLE |
| 863667101 | SYK | Stryker Corp | $19.5M | 1.75% | 49,179 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $18.9M | 1.70% | 123,488 | Common | SOLE |
| 26884L109 | EQT | EQT Corp | $18.3M | 1.64% | 313,757 | Common | SOLE |
| 713448108 | PEP | Pepsico Incorporated | $17.2M | 1.55% | 130,514 | Common | SOLE |
| 580135101 | MCD | McDonalds Corp | $17.0M | 1.53% | 58,091 | Common | SOLE |
| 742718109 | PG | Procter & Gamble Co | $16.9M | 1.52% | 106,094 | Common | SOLE |
| 717081103 | PFE | Pfizer Incorporated | $16.2M | 1.46% | 670,343 | Common | SOLE |
| 57636Q104 | MA | Mastercard Inc | $16.0M | 1.44% | 28,508 | Common | SOLE |
| 31428X106 | FDX | FedEx Corporation | $15.5M | 1.39% | 68,181 | Common | SOLE |
| 30231G102 | XOM | Exxon Mobil Corp | $15.3M | 1.38% | 142,241 | Common | SOLE |
| 931142103 | WMT | Walmart Inc | $15.2M | 1.37% | 155,545 | Common | SOLE |
| 91324P102 | UNH | United Healthcare Cor | $15.0M | 1.35% | 48,213 | Common | SOLE |
| 34959E109 | FTNT | Fortinet Inc | $14.3M | 1.28% | 135,241 | Common | SOLE |
| 038222105 | AMAT | Applied Materials Inc | $14.0M | 1.26% | 76,740 | Common | SOLE |
| 532457108 | LLY | Eli Lilly & Company | $14.0M | 1.26% | 17,972 | Common | SOLE |
| 548661107 | LOW | Lowes Companies Inc | $13.5M | 1.21% | 60,677 | Common | SOLE |
| 166764100 | CVX | Chevron Corp | $12.7M | 1.14% | 88,501 | Common | SOLE |
| G8473T100 | STE | Steris Corp | $11.5M | 1.03% | 47,806 | Common | SOLE |
| 002824100 | ABT | Abbott Laboratories | $11.5M | 1.03% | 84,230 | Common | SOLE |
| 22052L104 | CTVA | Corteva Inc | $11.2M | 1.00% | 150,013 | Common | SOLE |
| 136375102 | CNI | Canadian Natl Ry Co | $11.1M | 1.00% | 106,725 | Common | SOLE |
| 704326107 | PAYX | Paychex Inc | $10.8M | 0.97% | 74,418 | Common | SOLE |
| 49456B101 | KMI | Kinder Morgan Inc | $10.6M | 0.95% | 360,173 | Common | SOLE |
| N07059210 | ASML | A S M L Holding Nv New | $9.5M | 0.86% | 11,904 | Common | SOLE |
| 26969P108 | EXP | Eagle Materials Inc | $9.1M | 0.81% | 44,841 | Common | SOLE |
| 79466L302 | CRM | Salesforce Com | $9.0M | 0.81% | 33,094 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Inc | $9.0M | 0.81% | 23,219 | Common | SOLE |
| 911363109 | URI | United Rentals Inc | $8.7M | 0.78% | 11,584 | Common | SOLE |
| 267475101 | DY | Dycom Industries Inc | $8.5M | 0.77% | 34,861 | Common | SOLE |
| G29183103 | ETN | Eaton Corporation | $8.4M | 0.76% | 23,668 | Common | SOLE |
| 00206R102 | T | AT&T Inc | $8.1M | 0.73% | 280,938 | Common | SOLE |
| 14149Y108 | CAH | Cardinal Health Inc | $8.0M | 0.72% | 47,671 | Common | SOLE |
| 172908105 | CTAS | Cintas Corp | $7.4M | 0.67% | 33,214 | Common | SOLE |
| G1151C101 | ACN | Accenture PLC CL A | $7.3M | 0.66% | 24,471 | Common | SOLE |
| 254687106 | DIS | Disney Walt Hldg Co | $7.0M | 0.63% | 56,112 | Common | SOLE |
| 46266C105 | IQV | Iqvia Holdings Inc | $6.9M | 0.62% | 43,475 | Common | SOLE |
| 95040Q104 | WELL | Welltower Inc | $6.8M | 0.61% | 44,398 | Common | SOLE |
| 92345Y106 | VRSK | Verisk Analytics Inc | $6.3M | 0.57% | 20,367 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductr Adrf | $5.8M | 0.52% | 25,567 | Common | SOLE |
| 025816109 | AXP | American Express Company | $5.7M | 0.51% | 17,827 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc Class A | $5.6M | 0.50% | 31,517 | Common | SOLE |
| 29250N105 | ENB | Enbridge Inc | $5.4M | 0.48% | 118,310 | Common | SOLE |
| G96629103 | WTW | Willis Tower Watson P F | $5.3M | 0.48% | 17,280 | Common | SOLE |
| 884903808 | TRI4EUR | Thomson Reuters Corp | $5.3M | 0.48% | 26,314 | Common | SOLE |
| 126650100 | CVS | CVS Health Corporation | $5.3M | 0.48% | 76,650 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc | $4.7M | 0.42% | 67,164 | Common | SOLE |
| 70432V102 | PAYC | Paycom Software Inc | $4.6M | 0.42% | 20,040 | Common | SOLE |
| 858927106 | STEL | Stellar Bancorp Inc | $4.6M | 0.41% | 162,732 | Common | SOLE |
| 806857108 | SLB | Schlumberger Ltd | $4.2M | 0.38% | 125,438 | Common | SOLE |
| 98138H101 | WDAY | Workday Inc | $4.0M | 0.36% | 16,750 | Common | SOLE |
| 81762P102 | NOW | Service Now Inc | $4.0M | 0.36% | 3,861 | Common | SOLE |
| 74340W103 | PLD | Prologis Inc | $3.9M | 0.35% | 37,056 | Common | SOLE |
| 191216100 | KO | Coca Cola Company | $3.8M | 0.34% | 53,806 | Common | SOLE |
| 229899109 | CFR | Cullen/Frost Bankers, Inc. | $3.4M | 0.31% | 26,504 | Common | SOLE |
| 26875P101 | EOG | E O G Resources Inc | $3.3M | 0.30% | 27,528 | Common | SOLE |
| 92826C839 | V | Visa Inc Cl A | $3.3M | 0.29% | 9,239 | Common | SOLE |
| 665859104 | NTRS | Northern Trust Corp | $3.2M | 0.29% | 25,065 | Common | SOLE |
| 437076102 | HD | Home Depot Inc | $3.1M | 0.28% | 8,437 | Common | SOLE |
| 830940102 | SKWD | Skyward Specialty Ins Gr | $3.1M | 0.28% | 53,032 | Common | NONE |
| 29362U104 | ENTG | Entegris Inc | $3.0M | 0.27% | 36,962 | Common | SOLE |
| 084670108 | BRK/A | Berkshire Hathaway Cl A | $2.9M | 0.26% | 4 | Common | SOLE |
| 98978V103 | ZTS | Zoetis Inc | $2.9M | 0.26% | 18,408 | Common | SOLE |
| 52110M109 | LAZ | Lazard Inc | $2.8M | 0.25% | 58,960 | Common | SOLE |
| 427866108 | HSY | Hershey Foods Corp | $2.6M | 0.24% | 15,856 | Common | SOLE |
| 293792107 | EPD | Enterprise Prd Prtnrs Lp | $2.6M | 0.23% | 83,620 | Common | SOLE |
| 872540109 | TJX | T J X Cos Inc | $2.6M | 0.23% | 20,753 | Common | SOLE |
| 235851102 | DHR | Danaher Corp | $2.5M | 0.22% | 12,646 | Common | SOLE |
| 718172109 | PM | Philip Morris Intl Inc | $2.3M | 0.21% | 12,844 | Common | SOLE |
| 115637209 | BF/B | Brown Forman Corp Cl B | $2.3M | 0.21% | 86,649 | Common | SOLE |
| 904767704 | — | Unilever Plc Adr New | $2.3M | 0.21% | 37,600 | Common | SOLE |
| 539830109 | LMT | Lockheed Martin Corp | $2.2M | 0.20% | 4,697 | Common | SOLE |
| 75513E101 | RTX | RTX Corp | $2.2M | 0.20% | 14,874 | Common | SOLE |
| 088606108 | BHP | Bhp Billiton Ltd Adr | $2.1M | 0.19% | 44,273 | Common | SOLE |
| 369550108 | GD | General Dynamics Corp | $2.1M | 0.19% | 7,147 | Common | SOLE |
| 37940X102 | GPN | Global Payments Inc | $2.1M | 0.19% | 26,039 | Common | SOLE |
| 58933Y105 | MRK | Merck & Co Inc | $2.1M | 0.19% | 26,090 | Common | SOLE |
| 654106103 | NKE | Nike Inc Class B | $2.0M | 0.18% | 28,300 | Common | SOLE |
| 25243Q205 | DEO | Diageo Plc New Adr | $1.8M | 0.16% | 18,196 | Common | SOLE |
| 09248F109 | — | Blackrock Municipal Inco | $1.8M | 0.16% | 185,048 | Common | SOLE |
| 459200101 | IBM | Intl Business Machines | $1.7M | 0.16% | 5,917 | Common | SOLE |
| 46429B655 | FLOT | Ishares Floating Rate ETF | $1.7M | 0.15% | 33,350 | Common | SOLE |
| 76131D103 | QSR | Restaurant Brands | $1.7M | 0.15% | 25,030 | Common | SOLE |
| 855244109 | SBUX | Starbucks Corp | $1.7M | 0.15% | 18,023 | Common | SOLE |
| 23331A109 | DHI | D R Horton Co | $1.6M | 0.14% | 12,063 | Common | SOLE |
| 808524102 | SCHB | Schwab US Broad Market ETF | $1.6M | 0.14% | 65,203 | Common | SOLE |
| 337738108 | FISV | Fiserv Inc | $1.5M | 0.14% | 8,910 | Common | SOLE |
| 337932107 | FE | Firstenergy Corp | $1.3M | 0.12% | 32,600 | Common | SOLE |
| 94106L109 | WM | Waste Management Inc Del | $1.3M | 0.11% | 5,475 | Common | SOLE |
| 57060D108 | MKTX | Marketaxess Holdings | $1.2M | 0.11% | 5,500 | Common | SOLE |
| 907818108 | UNP | Union Pacific Corp | $1.2M | 0.11% | 5,290 | Common | SOLE |
| 09249N101 | BLE | Blackrock Municipal Inco | $1.1M | 0.10% | 109,768 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie Inc | $1.1M | 0.10% | 5,737 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF | $1.1M | 0.09% | 1,705 | Common | SOLE |
| 56035L104 | MAIN | Main Street Capital Corp | $1.0M | 0.09% | 17,058 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corporation | $996,745 | 0.09% | 4,559 | Common | SOLE |
| 11135F101 | AVGO | Broadcom Inc | $976,565 | 0.09% | 3,543 | Common | SOLE |
| 682680103 | OKE | ONEOK Inc | $952,762 | 0.09% | 11,672 | Common | SOLE |
| 32020R109 | FFIN | 1st Finl Banksh | $894,823 | 0.08% | 24,870 | Common | SOLE |
| G16252101 | BIP | Brookfield Infra Ptnrs | $846,744 | 0.08% | 25,276 | Common | SOLE |
| 358435105 | FRD | FRIEDMAN INDS INC COM | $819,819 | 0.07% | 49,506 | Common | SOLE |
| 7591EP100 | RF | Regions Financial Cp New | $792,624 | 0.07% | 33,700 | Common | SOLE |
| 20825C104 | COP | ConocoPhillips | $755,185 | 0.07% | 8,415 | Common | SOLE |
| 260557103 | DOW | Dow Inc. | $718,884 | 0.06% | 27,148 | Common | SOLE |
| 25278X109 | FANG | Diamondback Energy | $713,471 | 0.06% | 5,193 | Common | SOLE |
| 22160K105 | COST | Costco Whsl Corp New | $693,205 | 0.06% | 700 | Common | SOLE |
| 02209S103 | MO | Altria Group Inc. | $656,281 | 0.06% | 11,194 | Common | SOLE |
| 09253T101 | XMVTX | Blackrock Munivest II Cf | $616,253 | 0.06% | 59,714 | Common | SOLE |
| 64110L106 | NFLX | Netflix Inc | $586,707 | 0.05% | 438 | Common | SOLE |
| 256746108 | DLTR | Dollar Tree Inc | $549,177 | 0.05% | 5,545 | Common | SOLE |
| 110122108 | BMY | Bristol-Myers Squibb Co | $531,936 | 0.05% | 11,491 | Common | SOLE |
| 44952J104 | CRGY | Crescent Energy Co A | $523,252 | 0.05% | 60,843 | Common | SOLE |
| 75886F107 | REGN | Regeneron Pharms Inc | $490,904 | 0.04% | 935 | Common | SOLE |
| 46120E602 | ISRG | Intuitive Surgical New | $469,506 | 0.04% | 864 | Common | SOLE |
| 459044103 | IBOC | Intl Bancshares Corp | $464,922 | 0.04% | 6,985 | Common | SOLE |
| 09247D105 | XBKNX | Blackrock Investment Qlt | $444,580 | 0.04% | 40,712 | Common | SOLE |
| 922908363 | VOO | Vanguard S&P 500 ETF | $425,325 | 0.04% | 749 | Common | SOLE |
| 670928100 | NUV | Nuveen Muni Value Fund | $399,747 | 0.04% | 46,001 | Common | SOLE |
| 726503105 | PAA | Plains All Amern Ppln Lp | $398,157 | 0.04% | 21,733 | Common | SOLE |
| 04010L103 | ARCC | Ares Capital Corp | $382,070 | 0.03% | 17,398 | Common | SOLE |
| 291011104 | EMR | Emerson Electric Co | $379,991 | 0.03% | 2,850 | Common | SOLE |
| 882508104 | TXN | Texas Instruments Inc | $370,258 | 0.03% | 1,783 | Common | SOLE |
| 88579Y101 | MMM | 3M Co | $367,189 | 0.03% | 2,412 | Common | SOLE |
| 375558103 | GILD | Gilead Sciences Inc | $348,319 | 0.03% | 3,142 | Common | SOLE |
| 21036P108 | STZ | Constellation Brand | $338,938 | 0.03% | 2,083 | Common | SOLE |
| 88160R101 | TSLA | Tesla Motors Inc | $329,413 | 0.03% | 1,037 | Common | SOLE |
| 064149107 | BNS | Bank Of Nova Scotia | $325,540 | 0.03% | 5,890 | Common | SOLE |
| 01877R108 | ARLP | Alliance Resource Par Lp | $308,452 | 0.03% | 11,800 | Common | SOLE |
| 92204A884 | VOX | Vanguard Telecom ETF | $299,303 | 0.03% | 1,750 | Common | SOLE |
| 44951W106 | IESC | Ies Hldgs Inc | $296,230 | 0.03% | 1,000 | Common | SOLE |
| 512807306 | LRCX | Lam Research Corp | $277,465 | 0.02% | 2,850 | Common | SOLE |
| 756109104 | O | Realty Income Corp | $276,528 | 0.02% | 4,800 | Common | SOLE |
| 840441109 | SSBUSD | Southstate Corp | $276,090 | 0.02% | 3,000 | Common | SOLE |
| 718546104 | PSX | Phillips 66 | $273,913 | 0.02% | 2,296 | Common | SOLE |
| 115236101 | BRO | Brown & Brown Inc | $272,546 | 0.02% | 2,458 | Common | SOLE |
| 92204A504 | VHT | Vanguard Health Care ETF | $263,489 | 0.02% | 1,061 | Common | SOLE |
| 369604301 | GE | GE Aerospace | $256,316 | 0.02% | 996 | Common | SOLE |
| 46090E103 | QQQ | Invesco QQQ Trust ETF Unit | $255,276 | 0.02% | 463 | Common | SOLE |
| 205768302 | CRK | Comstock Res Inc | $249,030 | 0.02% | 9,000 | Common | SOLE |
| 13646K108 | CP | Canadian Pac Railway | $248,115 | 0.02% | 3,130 | Common | SOLE |
| 842587107 | SO | The Southern Company | $247,941 | 0.02% | 2,700 | Common | SOLE |
| 922908769 | VTI | Vanguard Total Stock Mkt | $247,147 | 0.02% | 813 | Common | SOLE |
| 92206C870 | VCIT | Vanguard Corp Bond ETF | $243,837 | 0.02% | 2,941 | Common | SOLE |
| 09260D107 | BX | Blackstone Inc | $243,382 | 0.02% | 1,627 | Common | SOLE |
| 78463V107 | GLD | Spdr Gold TRUST | $240,816 | 0.02% | 790 | Common | SOLE |
| 921908844 | VIG | Vanguard Div Apprciation ETF | $232,912 | 0.02% | 1,138 | Common | SOLE |
| 22788C105 | CRWD | Crowdstrike Hldgs Inc | $225,624 | 0.02% | 443 | Common | SOLE |
| 697435105 | PANW | Palo Alto Networks Inc | $216,918 | 0.02% | 1,060 | Common | SOLE |
| 36828A101 | GEV | GE Vernova Inc | $215,893 | 0.02% | 408 | Common | SOLE |
| 12740C103 | CADE | Cadence Bancorporati | $209,149 | 0.02% | 6,540 | Common | SOLE |
| 573874104 | MRVL | Marvell Tech Group | $208,980 | 0.02% | 2,700 | Common | SOLE |
| 45866F104 | ICE | Intercontinental Exchange Inc | $205,486 | 0.02% | 1,120 | Common | SOLE |
| 71424F105 | PR | Permian Resources Corp | $205,441 | 0.02% | 15,084 | Common | SOLE |
| 87807B107 | TRP | TC Energy Corp | $204,918 | 0.02% | 4,200 | Common | SOLE |
| 060505104 | BAC | Bank Of America Corp | $202,868 | 0.02% | 4,287 | Common | SOLE |
| 92204A702 | VGT | Vanguard Info Technology ETF | $201,651 | 0.02% | 304 | Common | SOLE |
| 03674X106 | AR | Antero Resouces Corp | $201,400 | 0.02% | 5,000 | Common | SOLE |
| 25179M103 | DVN | Devon Energy Corp New | $201,113 | 0.02% | 6,322 | Common | SOLE |
| 46132P108 | IIM | Invesco Value Muni Incm | $157,593 | 0.01% | 13,539 | Common | SOLE |
| 85236P101 | SLNG | Stabilis Solutions Inc | $133,865 | 0.01% | 28,182 | Common | SOLE |
| 76680V108 | REI | Ring Energy Inc | $23,868 | 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.