Q1 2026 · 13F-HR
Callahan Advisors, LLCholdings as filed
Filed 2026-05-12 · accession 0001140361-26-020771
$1.20B
Reported value
177
Positions
2026-03-31
Period end
The Brief · Callahan Advisors, LLC · Q1 2026
AI · grounded in 13F
Callahan Advisors, LLC increased its position in DVA by 266.34%. The fund also accumulated shares in MSCI and NFLX, increasing those holdings by 142.57% and 139.04% respectively. On the sell side, the firm trimmed its stakes in ADBE by 41.97% and CRM by 37.19%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 02079K107 | GOOG | Alphabet Inc Class C | $70.9M | 5.92% | 247,326 | Common | SOLE |
| 30303M102 | META | Meta Platforms Inc Class A | $58.3M | 4.86% | 101,838 | Common | SOLE |
| 023135106 | AMZN | Amazon Com Inc | $48.7M | 4.06% | 233,763 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $46.7M | 3.90% | 126,164 | Common | SOLE |
| 037833100 | AAPL | Apple Computer Inc | $35.7M | 2.98% | 140,543 | Common | SOLE |
| H1467J104 | CB | Chubb Ltd F | $32.4M | 2.70% | 99,365 | Common | SOLE |
| 149123101 | CAT | Caterpillar Inc | $31.5M | 2.63% | 44,440 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp | $29.9M | 2.49% | 171,285 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Cl B | $28.6M | 2.39% | 59,689 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp | $28.6M | 2.38% | 705,673 | Common | SOLE |
| 65339F101 | NEE | NextEra Energy, Inc | $28.1M | 2.35% | 302,960 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co. | $28.1M | 2.34% | 95,408 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $26.8M | 2.23% | 109,484 | Common | SOLE |
| 26884L109 | EQT | EQT Corp | $23.8M | 1.99% | 373,778 | Common | SOLE |
| 038222105 | AMAT | Applied Materials Inc | $22.9M | 1.91% | 67,115 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc | $21.9M | 1.83% | 5,196 | Common | SOLE |
| 30231G102 | XOM | Exxon Mobil Corp | $21.9M | 1.83% | 128,892 | Common | SOLE |
| 31428X106 | FDX | FedEx Corporation | $21.8M | 1.82% | 61,286 | Common | SOLE |
| 713448108 | PEP | Pepsico Incorporated | $20.6M | 1.72% | 132,726 | Common | SOLE |
| 580135101 | MCD | McDonalds Corp | $20.0M | 1.67% | 64,215 | Common | SOLE |
| 57636Q104 | MA | Mastercard Inc | $18.9M | 1.58% | 37,878 | Common | SOLE |
| 532457108 | LLY | Eli Lilly & Company | $18.5M | 1.55% | 20,163 | Common | SOLE |
| N07059210 | ASML | A S M L Holding Nv New | $17.8M | 1.49% | 13,511 | Common | SOLE |
| 931142103 | WMT | Walmart Inc | $16.8M | 1.40% | 135,358 | Common | SOLE |
| 166764100 | CVX | Chevron Corp | $16.2M | 1.35% | 78,436 | Common | SOLE |
| 863667101 | SYK | Stryker Corp | $16.2M | 1.35% | 49,373 | Common | SOLE |
| 717081103 | PFE | Pfizer Incorporated | $15.8M | 1.32% | 562,533 | Common | SOLE |
| 742718109 | PG | Procter & Gamble Co | $14.4M | 1.20% | 99,526 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductr Adrf | $14.0M | 1.17% | 41,377 | Common | SOLE |
| 548661107 | LOW | Lowes Companies Inc | $13.5M | 1.13% | 57,282 | Common | SOLE |
| 22052L104 | CTVA | Corteva Inc | $11.4M | 0.95% | 136,550 | Common | SOLE |
| 34959E109 | FTNT | Fortinet Inc | $11.1M | 0.92% | 135,586 | Common | SOLE |
| 91324P102 | UNH | United Healthcare Cor | $10.4M | 0.87% | 38,432 | Common | SOLE |
| 49456B101 | KMI | Kinder Morgan Inc | $10.4M | 0.87% | 310,013 | Common | SOLE |
| 64110L106 | NFLX | Netflix Inc | $10.3M | 0.86% | 107,432 | Common | SOLE |
| G8473T100 | STE | Steris Corp | $10.2M | 0.85% | 45,914 | Common | SOLE |
| 267475101 | DY | Dycom Industries Inc | $9.5M | 0.80% | 28,129 | Common | SOLE |
| G29183103 | ETN | Eaton Corporation | $9.2M | 0.77% | 25,811 | Common | SOLE |
| 95040Q104 | WELL | Welltower Inc | $8.4M | 0.70% | 42,367 | Common | SOLE |
| 704326107 | PAYX | Paychex Inc | $8.2M | 0.68% | 89,091 | Common | SOLE |
| 911363109 | URI | United Rentals Inc | $8.0M | 0.67% | 10,975 | Common | SOLE |
| 55354G100 | MSCI | MSCI Inc | $7.8M | 0.65% | 14,530 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc Class A | $7.8M | 0.65% | 27,028 | Common | SOLE |
| 002824100 | ABT | Abbott Laboratories | $7.7M | 0.64% | 74,902 | Common | SOLE |
| 46266C105 | IQV | Iqvia Holdings Inc | $7.6M | 0.63% | 44,491 | Common | SOLE |
| 126650100 | CVS | CVS Health Corporation | $7.4M | 0.62% | 103,082 | Common | SOLE |
| 74164M108 | PRI | Primerica Inc | $6.3M | 0.53% | 25,340 | Common | SOLE |
| 26969P108 | EXP | Eagle Materials Inc | $6.2M | 0.51% | 32,547 | Common | SOLE |
| 29250N105 | ENB | Enbridge Inc | $6.1M | 0.51% | 112,545 | Common | SOLE |
| 858927106 | STEL | Stellar Bancorp Inc | $5.9M | 0.50% | 162,161 | Common | SOLE |
| 461202103 | INTU | Intuit Inc | $5.9M | 0.49% | 13,650 | Common | SOLE |
| 189054109 | CLX | Clorox Company | $5.9M | 0.49% | 56,792 | Common | SOLE |
| G96629103 | WTW | Willis Tower Watson P F | $5.8M | 0.48% | 19,928 | Common | SOLE |
| 136375102 | CNI | Canadian Natl Ry Co | $5.7M | 0.48% | 55,891 | Common | SOLE |
| 14149Y108 | CAH | Cardinal Health Inc | $5.7M | 0.48% | 27,117 | Common | SOLE |
| 23918K108 | DVA | Davita Inc | $5.4M | 0.45% | 35,139 | Common | SOLE |
| 025816109 | AXP | American Express Company | $5.4M | 0.45% | 17,829 | Common | SOLE |
| 74340W103 | PLD | Prologis Inc | $5.2M | 0.44% | 39,585 | Common | SOLE |
| 254687106 | DIS | Disney Walt Hldg Co | $5.2M | 0.43% | 54,024 | Common | SOLE |
| 806857108 | SLB | Schlumberger Ltd | $5.2M | 0.43% | 100,478 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc | $5.0M | 0.42% | 64,624 | Common | SOLE |
| 36828A101 | GEV | GE Vernova Inc | $4.9M | 0.41% | 5,668 | Common | SOLE |
| 00206R102 | T | AT&T Inc | $4.7M | 0.39% | 160,609 | Common | SOLE |
| 58733R102 | MELI | Mercadolibre Inc | $4.6M | 0.38% | 2,649 | Common | SOLE |
| 79466L302 | CRM | Salesforce Com | $4.3M | 0.36% | 23,013 | Common | SOLE |
| 191216100 | KO | Coca Cola Company | $4.1M | 0.34% | 54,043 | Common | SOLE |
| G1151C101 | ACN | Accenture PLC CL A | $4.1M | 0.34% | 20,704 | Common | SOLE |
| 665859104 | NTRS | Northern Trust Corp | $3.8M | 0.31% | 26,946 | Common | SOLE |
| 92345Y106 | VRSK | Verisk Analytics Inc | $3.6M | 0.30% | 18,770 | Common | SOLE |
| 872540109 | TJX | T J X Cos Inc | $3.3M | 0.28% | 20,771 | Common | SOLE |
| 229899109 | CFR | Cullen/Frost Bankers, Inc. | $3.3M | 0.28% | 24,154 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Inc | $3.0M | 0.25% | 12,493 | Common | SOLE |
| 539830109 | LMT | Lockheed Martin Corp | $3.0M | 0.25% | 4,890 | Common | SOLE |
| 172908105 | CTAS | Cintas Corp | $2.9M | 0.25% | 17,427 | Common | SOLE |
| 427866108 | HSY | Hershey Foods Corp | $2.9M | 0.25% | 14,155 | Common | SOLE |
| 084670108 | BRK/A | Berkshire Hathaway Cl A | $2.9M | 0.24% | 4 | Common | SOLE |
| 75513E101 | RTX | RTX Corp | $2.9M | 0.24% | 14,826 | Common | SOLE |
| 293792107 | EPD | Enterprise Prd Prtnrs Lp | $2.8M | 0.24% | 74,606 | Common | SOLE |
| 58933Y105 | MRK | Merck & Co Inc | $2.8M | 0.23% | 23,402 | Common | SOLE |
| 336433107 | FSLR | First Solar Inc | $2.8M | 0.23% | 14,093 | Common | SOLE |
| 92826C839 | V | Visa Inc Cl A | $2.8M | 0.23% | 9,191 | Common | SOLE |
| 09253N104 | MHD | BlackRock MuniHoldings Fund | $2.7M | 0.22% | 236,644 | Common | SOLE |
| 26875P101 | EOG | E O G Resources Inc | $2.6M | 0.22% | 18,311 | Common | SOLE |
| 437076102 | HD | Home Depot Inc | $2.6M | 0.22% | 7,912 | Common | SOLE |
| 088606108 | BHP | Bhp Billiton Ltd Adr | $2.6M | 0.22% | 35,675 | Common | SOLE |
| 25746U109 | D | Dominion Res Inc Va New | $2.6M | 0.21% | 41,369 | Common | SOLE |
| 369550108 | GD | General Dynamics Corp | $2.5M | 0.20% | 7,147 | Common | SOLE |
| 369604301 | GE | GE Aerospace | $2.4M | 0.20% | 8,470 | Common | SOLE |
| 884903808 | TRI4EUR | Thomson Reuters Corp | $2.4M | 0.20% | 26,314 | Common | SOLE |
| 52110M109 | LAZ | Lazard Inc | $2.3M | 0.19% | 54,776 | Common | SOLE |
| 49177J102 | KVUE | Kenvue Inc | $2.3M | 0.19% | 134,405 | Common | SOLE |
| 830940102 | SKWD | Skyward Specialty Ins Gr | $2.3M | 0.19% | 53,032 | Common | NONE |
| 053015103 | ADP | Auto Data Processing | $2.3M | 0.19% | 11,400 | Common | SOLE |
| 808524102 | SCHB | Schwab US Broad Market ETF | $2.2M | 0.18% | 86,689 | Common | SOLE |
| 718172109 | PM | Philip Morris Intl Inc | $2.1M | 0.18% | 12,948 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF | $2.1M | 0.18% | 3,242 | Common | SOLE |
| 115637209 | BF/B | Brown Forman Corp Cl B | $1.9M | 0.16% | 71,249 | Common | SOLE |
| 904767803 | UL | Unilever Plc Adr New | $1.9M | 0.16% | 32,651 | Common | SOLE |
| 76131D103 | QSR | Restaurant Brands | $1.8M | 0.15% | 25,030 | Common | SOLE |
| 337738108 | FISV | Fiserv Inc | $1.8M | 0.15% | 32,838 | Common | SOLE |
| 235851102 | DHR | Danaher Corp | $1.7M | 0.15% | 9,210 | Common | SOLE |
| 98419M100 | XYL | Xylem Inc | $1.7M | 0.15% | 14,583 | Common | SOLE |
| 46429B655 | FLOT | Ishares Floating Rate ETF | $1.7M | 0.14% | 34,073 | Common | SOLE |
| 337932107 | FE | Firstenergy Corp | $1.7M | 0.14% | 32,600 | Common | SOLE |
| 81762P102 | NOW | Service Now Inc | $1.3M | 0.11% | 12,522 | Common | SOLE |
| 94106L109 | WM | Waste Management Inc Del | $1.3M | 0.11% | 5,505 | Common | SOLE |
| 907818108 | UNP | Union Pacific Corp | $1.3M | 0.11% | 5,203 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie Inc | $1.2M | 0.10% | 5,309 | Common | SOLE |
| 20825C104 | COP | ConocoPhillips | $1.1M | 0.09% | 8,171 | Common | SOLE |
| 11135F101 | AVGO | Broadcom Inc | $1.1M | 0.09% | 3,442 | Common | SOLE |
| 44952J104 | CRGY | Crescent Energy Co A | $1.0M | 0.08% | 75,001 | Common | SOLE |
| G54950103 | LIN | Linde Plc | $997,965 | 0.08% | 2,013 | Common | SOLE |
| 56035L104 | MAIN | Main Street Capital Corp | $980,237 | 0.08% | 18,509 | Common | SOLE |
| 92840M102 | VST | Vistra Energy Corp | $963,250 | 0.08% | 6,408 | Common | SOLE |
| 459200101 | IBM | Intl Business Machines | $931,505 | 0.08% | 3,843 | Common | SOLE |
| 654106103 | NKE | Nike Inc Class B | $916,693 | 0.08% | 17,355 | Common | SOLE |
| G16252101 | BIP | Brookfield Infra Ptnrs | $911,145 | 0.08% | 25,225 | Common | SOLE |
| 682680103 | OKE | ONEOK Inc | $909,838 | 0.08% | 10,066 | Common | SOLE |
| 25278X109 | FANG | Diamondback Energy | $906,703 | 0.08% | 4,584 | Common | SOLE |
| 7591EP100 | RF | Regions Financial Cp New | $901,140 | 0.08% | 34,500 | Common | SOLE |
| 358435105 | FRD | FRIEDMAN INDS INC COM | $895,392 | 0.07% | 50,530 | Common | SOLE |
| 110122108 | BMY | Bristol-Myers Squibb Co | $806,081 | 0.07% | 13,291 | Common | SOLE |
| 02209S103 | MO | Altria Group Inc. | $752,570 | 0.06% | 11,404 | Common | SOLE |
| 32020R109 | FFIN | 1st Finl Banksh | $732,422 | 0.06% | 24,870 | Common | SOLE |
| 22160K105 | COST | Costco Whsl Corp New | $722,739 | 0.06% | 725 | Common | SOLE |
| 75886F107 | REGN | Regeneron Pharms Inc | $713,979 | 0.06% | 924 | Common | SOLE |
| 256746108 | DLTR | Dollar Tree Inc | $697,031 | 0.06% | 6,365 | Common | SOLE |
| 064149107 | BNS | Bank Of Nova Scotia | $668,495 | 0.06% | 9,645 | Common | SOLE |
| 512807306 | LRCX | Lam Research Corp | $656,319 | 0.05% | 3,072 | Common | SOLE |
| 23331A109 | DHI | D R Horton Co | $604,146 | 0.05% | 4,403 | Common | SOLE |
| 09254E103 | MYI | BlackRock MuniYield Quality III Fund | $585,323 | 0.05% | 55,692 | Common | SOLE |
| 70432V102 | PAYC | Paycom Software Inc | $546,930 | 0.05% | 4,500 | Common | SOLE |
| 726503105 | PAA | Plains All Amern Ppln Lp | $486,653 | 0.04% | 21,794 | Common | SOLE |
| 83418M103 | SEI | Solaris Energy Infrastructure Inc A | $452,080 | 0.04% | 8,000 | Common | SOLE |
| 922908363 | VOO | Vanguard S&P 500 ETF | $449,769 | 0.04% | 753 | Common | SOLE |
| 98138H101 | WDAY | Workday Inc | $446,405 | 0.04% | 3,436 | Common | SOLE |
| 09254F100 | MQY | BlackRock MuniYield Quality Fund | $441,330 | 0.04% | 40,194 | Common | SOLE |
| 375558103 | GILD | Gilead Sciences Inc | $439,885 | 0.04% | 3,156 | Common | SOLE |
| 88160R101 | TSLA | Tesla Motors Inc | $426,397 | 0.04% | 1,147 | Common | SOLE |
| 718546104 | PSX | Phillips 66 | $418,285 | 0.03% | 2,296 | Common | SOLE |
| 670928100 | NUV | Nuveen Muni Value Fund | $416,742 | 0.03% | 46,356 | Common | SOLE |
| 71424F105 | PR | Permian Resources Corp | $407,128 | 0.03% | 19,096 | Common | SOLE |
| 459044103 | IBOC | Intl Bancshares Corp | $407,105 | 0.03% | 6,050 | Common | SOLE |
| 780259305 | SHEL | Shell Plc | $371,535 | 0.03% | 3,995 | Common | SOLE |
| 46120E602 | ISRG | Intuitive Surgical New | $368,792 | 0.03% | 800 | Common | SOLE |
| 78463V107 | GLD | Spdr Gold TRUST | $345,093 | 0.03% | 802 | Common | SOLE |
| 44951W106 | IESC | Ies Hldgs Inc | $333,529 | 0.03% | 700 | Common | SOLE |
| 92204A884 | VOX | Vanguard Telecom ETF | $332,704 | 0.03% | 1,850 | Common | SOLE |
| 72651A207 | PAGP | Plains Gp Hldgs L P | $330,208 | 0.03% | 13,600 | Common | SOLE |
| 882508104 | TXN | Texas Instruments Inc | $329,563 | 0.03% | 1,698 | Common | SOLE |
| 756109104 | O | Realty Income Corp | $316,607 | 0.03% | 5,175 | Common | SOLE |
| 784730103 | SSRM | S S R Mining Inc | $310,966 | 0.03% | 10,587 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corporation | $302,156 | 0.03% | 2,054 | Common | SOLE |
| 595112103 | MU | Micron Technology Inc | $296,286 | 0.02% | 877 | Common | SOLE |
| 92204A504 | VHT | Vanguard Health Care ETF | $288,942 | 0.02% | 1,061 | Common | SOLE |
| 87612G101 | TRGP | Targa Resources Corp | $284,077 | 0.02% | 1,133 | Common | SOLE |
| 573874104 | MRVL | Marvell Tech Group | $278,331 | 0.02% | 2,810 | Common | SOLE |
| 84472E102 | SSB | SouthState Bank Corp | $277,560 | 0.02% | 3,000 | Common | SOLE |
| 811916105 | SA | Seabridge Gold Inc | $275,918 | 0.02% | 9,736 | Common | SOLE |
| 152006102 | CGAU | Centerra Gold Inc | $265,427 | 0.02% | 14,920 | Common | SOLE |
| 87807B107 | TRP | TC Energy Corp | $262,920 | 0.02% | 4,200 | Common | SOLE |
| 842587107 | SO | The Southern Company | $260,604 | 0.02% | 2,700 | Common | SOLE |
| 25179M103 | DVN | Devon Energy Corp New | $255,305 | 0.02% | 5,074 | Common | SOLE |
| 83056P715 | SKE | Skeena Res Ltd New | $253,304 | 0.02% | 8,523 | Common | SOLE |
| 446150104 | HBAN | Huntington Bancshs Inc | $253,295 | 0.02% | 16,185 | Common | SOLE |
| 88579Y101 | MMM | 3M Co | $243,377 | 0.02% | 1,676 | Common | SOLE |
| 922908769 | VTI | Vanguard Total Stock Mkt | $239,076 | 0.02% | 745 | Common | SOLE |
| 25243Q205 | DEO | Diageo Plc New Adr | $234,925 | 0.02% | 3,155 | Common | SOLE |
| 92206C870 | VCIT | Vanguard Corp Bond ETF | $233,483 | 0.02% | 2,822 | Common | SOLE |
| 01877R108 | ARLP | Alliance Resource Par Lp | $221,200 | 0.02% | 8,000 | Common | SOLE |
| 03674X106 | AR | Antero Resouces Corp | $212,200 | 0.02% | 5,000 | Common | SOLE |
| 92204A702 | VGT | Vanguard Info Technology ETF | $212,131 | 0.02% | 304 | Common | SOLE |
| 205768302 | CRK | Comstock Res Inc | $210,800 | 0.02% | 10,000 | Common | SOLE |
| 92343V104 | VZ | Verizon Communications | $205,820 | 0.02% | 4,100 | Common | SOLE |
| 04010L103 | ARCC | Ares Capital Corp | $183,909 | 0.02% | 10,206 | Common | SOLE |
| 85236P101 | SLNG | Stabilis Solutions Inc | $125,692 | 0.01% | 28,182 | Common | SOLE |
| 76680V108 | REI | Ring Energy Inc | $61,293 | 0.01% | 40,061 | 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.