HolderBook

Callahan Advisors, LLC

Reported holdings as of Q2 2026, from 31 quarterly filings.

CIK
1395055
Reported value
$1.3B
Positions
181
Top 10 weight
35.7%
Filed
2026-08-03
Days after quarter end
34

Holdings

SecurityTickerValue SharesWeightWeight change Held Change
ALPHABET INCGOOG$83.7M236,9266.31%+0.39pp31q-4.2%-$3.7M
META PLATFORMS INCMETA$58.1M103,0804.38%-0.48pp31q+1.2%+$699.6K
AMAZON COM INCAMZN$56.2M235,8314.24%+0.18pp31q+0.9%+$492.9K
MICROSOFT CORPMSFT$47.2M126,4743.56%-0.34pp31qHELD
APPLIED MATLS INCAMAT$44.3M61,2283.34%+1.42pp31q-8.8%-$4.3M
CATERPILLAR INCCAT$42.1M39,5783.18%+0.55pp31q-10.9%-$5.2M
APPLE INCAAPL$40.9M141,3953.09%+0.11pp31q+0.6%+$246.5K
NVIDIA CORPORATIONNVDA$35.7M178,5012.69%+0.20pp14q+4.2%+$1.4M
CHUBB LIMITEDCB$34.4M100,9992.60%-0.11pp31q+1.6%+$556.8K
JPMORGAN CHASE & COJPM$31.0M94,5882.33%-0.01pp31q-0.9%-$268.4K
BERKSHIRE HATHAWAY INC DELBRKB$30.6M61,0732.30%-0.08pp31q+2.3%+$692.5K
BROOKFIELD CORPBN$30.2M708,5712.28%-0.11pp14qHELD
ASML HLDG NVASML$28.2M14,1882.13%+0.64pp12q+5.0%+$1.3M
JOHNSON & JOHNSONJNJ$27.0M106,4662.04%-0.19pp31q-2.8%-$766.5K
ELI LILLY & COLLY$26.1M21,7911.97%+0.42pp19q+8.1%+$2.0M
NEXTERA ENERGY INCNEE$25.4M289,8051.92%-0.43pp31q-4.3%-$1.2M
BOOKING HOLDINGS INCBKNG$24.9M139,7511.88%+0.05pp31q+2589.6%+$24.0M
TAIWAN SEMICONDUCTOR MANUFACTSM$23.5M49,2331.77%+0.61pp9q+19.0%+$3.8M
MASTERCARD INCORPORATEDMA$20.7M40,3921.56%-0.02pp12q+6.6%+$1.3M
EQT CORPEQT$20.7M388,4771.56%-0.43pp19q+3.9%+$781.5K
FORTINET INCFTNT$20.4M133,0761.54%+0.62pp24q-1.9%-$385.6K
PEPSICO INCPEP$20.0M147,9221.51%-0.21pp31q+11.4%+$2.1M
MCDONALDS CORPMCD$19.1M70,8261.44%-0.22pp31q+10.3%+$1.8M
STRYKER CORPORATIONSYK$18.8M59,6301.42%+0.06pp31q+20.8%+$3.2M
FEDEX CORPFDX$18.6M59,5601.41%-0.42pp31q-2.8%-$540.5K
EXXON MOBIL CORPXOMXXXX$16.9M123,8691.28%-0.55pp31q-3.9%-$686.7K
UNITEDHEALTH GROUP INCUNH$15.6M37,5381.18%+0.31pp31q-2.3%-$371.6K
WALMART INCWMT$15.0M132,7611.13%-0.27pp31q-1.9%-$294.1K
PROCTER & GAMBLE COPG$14.8M100,8901.12%-0.08pp31q+1.4%+$200.0K
DYCOM INDS INCDY$14.2M28,1251.07%+0.28pp12qHELD
CHEVRON CORPORATIONCVX$12.7M76,5440.96%-0.40pp31q-2.4%-$313.6K
LOWES COS INCLOW$12.5M56,4900.94%-0.19pp31q-1.4%-$174.6K
UNITED RENTALS INCURI$12.3M10,8370.93%+0.26pp31q-1.3%-$156.3K
CVS HEALTH CORPCVS$11.4M110,3740.86%+0.24pp31q+7.1%+$754.4K
PFIZER INCPFE$11.3M471,0520.86%-0.46pp31q-16.3%-$2.2M
EATON CORP PLCETN$11.0M25,7750.83%+0.06pp31qHELD
NETFLIX INCNFLX$10.8M151,4510.82%-0.05pp7q+41.0%+$3.1M
PAYCHEX INCPAYX$10.7M109,0620.81%+0.12pp31q+22.4%+$2.0M
DAVITA INCDVA$10.0M45,0980.76%+0.31pp3q+28.3%+$2.2M
STERIS PLCSTE$9.8M46,6570.74%-0.11pp30q+1.6%+$156.5K
KINDER MORGAN INC DELKMI$9.6M300,9630.73%-0.14pp31q-2.9%-$289.3K
WELLTOWER INCWELL$9.5M41,9240.72%+0.02pp31q-1.0%-$100.5K
MSCI INCMSCI$9.4M16,8400.71%+0.06pp3q+15.9%+$1.3M
CORTEVA INCCTVA$8.9M104,9550.67%-0.28pp27q-23.1%-$2.7M
PRIMERICA INCPRI$8.8M31,0480.67%+0.14pp3q+22.5%+$1.6M
ALPHABET INCGOOGL$8.6M24,0920.65%flat31q-10.9%-$1.0M
GE VERNOVA INCGEV$7.9M6,6990.59%+0.18pp5q+18.2%+$1.2M
EAGLE MATLS INCEXP$7.4M32,7390.56%+0.04pp19q+0.6%+$43.2K
IQVIA HLDGS INCIQV$7.3M37,9170.55%-0.08pp31q-14.8%-$1.3M
CISCO SYS INCCSCO$7.0M59,6250.53%+0.11pp31q-7.7%-$587.2K
ABBOTT LABORATORIESABT$6.9M75,9430.52%-0.12pp31q+1.4%+$94.5K
STELLAR BANCORP INCSTEL$6.3M160,9120.48%-0.02pp14q-0.8%-$49.1K
CANADIAN NATL RY COCNI$6.3M52,8410.48%flat31q-5.5%-$363.7K
AMERICAN EXPRESS COAXP$6.0M17,8300.45%flat31qHELD
ENBRIDGE INCENB$5.9M108,6190.44%-0.06pp31q-3.5%-$212.8K
CARDINAL HEALTH INCCAH$5.6M23,4090.42%-0.06pp21q-13.7%-$880.9K
PROLOGIS INC.PLD$5.4M39,8130.41%-0.03pp24q+0.6%+$30.9K
WILLIS TOWERS WATSON PLC LTDWTW$5.3M20,3610.40%-0.08pp31q+2.2%+$113.2K
DISNEY WALT CODIS$5.2M54,2340.39%-0.04pp31qHELD
CLOROX CO DELCLX$5.1M53,2160.38%-0.11pp3q-6.3%-$341.3K
NORTHERN TR CORPNTRS$5.1M29,0510.38%+0.07pp31q+7.8%+$365.9K
COCA COLA COKO$4.5M55,5040.34%flat31q+2.7%+$118.7K
GE AEROSPACEGE$4.5M11,9230.34%+0.14pp5q+40.8%+$1.3M
SLB LIMITEDSLB$4.2M90,7370.32%-0.11pp22q-9.7%-$452.9K
ACCENTURE PLC IRELANDACN$4.1M32,6320.31%-0.04pp31q+57.6%+$1.5M
SOUTH PLAINS FINANCIAL INCSPFI$3.9M90,9440.30%-newNEW
FIRST SOLAR INCFSLR$3.9M16,4350.29%+0.06pp3q+16.6%+$552.6K
MERCADOLIBRE INCMELI$3.7M2,1990.28%-0.10pp3q-17.0%-$763.8K
CULLEN FROST BANKERS INCCFR$3.7M24,0520.28%flat31qHELD
TJX COS INC NEWTJX$3.6M23,4700.27%-0.01pp31q+13.0%+$408.9K
DOMINION ENERGY INCD$3.5M51,7060.27%+0.05pp3q+25.0%+$705.9K
SKYWARD SPECIALTY INS GROUPSKWD$3.2M54,8300.24%+0.05pp10q+3.4%+$104.9K
VISA INCV$3.1M9,1670.24%+0.01pp31qHELD
BERKSHIRE HATHAWAY INC DELBRKA$3.0M40.23%-0.01pp7qHELD
MERCK & CO INCMRK$2.9M22,7000.22%-0.01pp31q-3.0%-$90.2K
BHP BILLITON LIMITEDBHP$2.9M34,7570.22%flat31q-2.6%-$76.5K
AT&T INCT$2.8M136,0980.21%-0.18pp31q-15.3%-$507.4K
BLACKROCK MUNIHOLDINGS FD INMHD$2.8M236,6440.21%-0.01pp2qHELD
RTX CORPORATIONRTX$2.8M14,8260.21%-0.03pp25qHELD
CINTAS CORPCTAS$2.8M16,5020.21%-0.03pp31q-5.3%-$157.3K
SALESFORCE INCCRM$2.8M17,7690.21%-0.15pp23q-22.8%-$821.5K
ENTERPRISE PRODS PARTNERS LEPD$2.7M72,3350.20%-0.04pp31q-3.0%-$83.5K
HOME DEPOT INCHD$2.6M7,4480.20%-0.02pp31q-5.9%-$163.6K
SCHWAB STRATEGIC TRSCHB$2.6M89,9900.20%+0.01pp31q+3.8%+$95.6K
KENVUE INCKVUE$2.6M134,4050.19%flat4qHELD
AUTOMATIC DATA PROCESSING INADP$2.6M11,4020.19%flat2qHELD
LOCKHEED MARTIN CORPLMT$2.5M4,9800.19%-0.06pp24q+1.8%+$45.9K
GENERAL DYNAMICS CORPGD$2.5M7,1470.19%-0.01pp31qHELD
HERSHEY COHSY$2.5M14,1550.19%-0.06pp7qHELD
PHILIP MORRIS INTL INCPM$2.3M12,5250.17%-0.01pp31q-3.3%-$76.5K
LAZARD INCLAZ$2.2M52,4420.17%-0.03pp10q-4.3%-$97.9K
EOG RES INCEOG$2.2M16,8140.16%-0.06pp26q-8.2%-$194.2K
THOMSON REUTERS CORPTRI$2.1M25,9060.16%-newNEW
UNILEVER PLCUL$2.0M32,6510.15%-0.01pp2qHELD
VERISK ANALYTICS INCVRSK$2.0M10,8680.15%-0.15pp31q-42.1%-$1.4M
BROWN FORMAN CORPBFB$1.9M71,2490.14%-0.01pp6qHELD
ADOBE INCADBE$1.8M8,9550.14%-0.12pp13q-28.3%-$725.4K
SERVICENOW INCNOW$1.8M18,3670.14%+0.03pp23q+46.7%+$580.3K
RESTAURANT BRANDS INTL INCQSR$1.8M25,0300.14%-0.02pp17qHELD
ISHARES TRFLOT$1.8M34,6520.13%-0.01pp10q+1.7%+$29.6K
DANAHER CORP DELDHR$1.7M9,0680.13%-0.02pp31q-1.5%-$27.0K
STATE STR SPDR S&P 500 ETF TSPY$1.7M2,2830.13%-0.05pp9q-29.6%-$716.1K
FIRSTENERGY CORPFE$1.5M32,6000.12%-0.02pp23qHELD
XYLEM INCXYL$1.5M12,8010.11%-0.03pp3q-12.2%-$210.7K
LINDE PLCLIN$1.4M2,7290.11%+0.02pp3q+35.6%+$371.6K
UNION PAC CORPUNP$1.4M5,2040.11%flat7qHELD
ABBVIE INCABBV$1.4M5,4880.10%+0.01pp31q+3.4%+$45.0K
FISERV INCFISV$1.4M27,7520.10%-0.05pp31q-15.5%-$249.5K
VISTRA CORPVST$1.3M8,2960.10%+0.02pp3q+29.5%+$299.5K
BROADCOM INCAVGO$1.3M3,3670.10%+0.01pp13q-2.2%-$28.3K
LAM RESEARCH CORPLRCX$1.3M2,9120.10%+0.04pp5q-5.2%-$69.3K
WASTE MGMT INC DELWM$1.2M5,5070.09%-0.01pp25qHELD
DOLLAR TREE INCDLTR$1.0M8,4950.08%+0.02pp6q+33.5%+$257.6K
INTERNATIONAL BUSINESS MACHSIBM$1.0M3,6180.08%flat20q-5.9%-$63.3K
MAIN STR CAP CORPMAIN$994.8K19,1750.08%-0.01pp31q+3.6%+$34.6K
BANK NOVA SCOTIA B CBNS$989.5K11,3950.07%+0.02pp8q+18.1%+$152.0K
CRESCENT ENERGY COMPANYCRGY$985.4K100,3480.07%-0.01pp8q+33.8%+$248.9K
FRIEDMAN INDS INCFRD$959.6K29,8190.07%flat31q-41.0%-$666.5K
MICRON TECHNOLOGY INCMU$943.1K8170.07%+0.05pp3q-6.8%-$69.3K
REGIONS FINANCIAL CORP NEWRF$936.2K31,0000.07%flat31q-10.1%-$105.7K
BROOKFIELD INFRASTRUCTURE PABIP$920.5K25,2250.07%-0.01pp31qHELD
FEDEX FGHT HLDG CO INC$892.9K5,9140.07%-newNEW
ONEOK INC NEWOKE$875.2K10,0670.07%-0.01pp15qHELD
BRISTOL-MYERS SQUIBB COBMY$869.4K15,0890.07%flat10q+13.5%+$103.6K
FIRST FINL BANKSHARES INCFFIN$860.5K24,8700.06%flat26qHELD
INTUITINTU$843.0K3,2300.06%-0.43pp3q-76.3%-$2.7M
ALTRIA GROUP INCMO$829.4K11,5270.06%flat31q+1.1%+$8.9K
DIAMONDBACK ENERGY INCFANG$735.8K4,1860.06%-0.02pp22q-8.7%-$70.0K
COSTCO WHOLESALE CORPORATIONCOST$673.9K7200.05%-0.01pp22q-0.7%-$4.7K
D R HORTON INCDHI$631.6K3,8780.05%flat21q-11.9%-$85.5K
BLACKROCK MUNIYIELD QUALITYMYI$618.7K55,6920.05%flat2qHELD
SOLARIS ENERGY INFRAS INCSEI$603.5K7,5000.05%+0.01pp3q-6.2%-$40.2K
REGENERON PHARMACEUTICALSREGN$573.1K9190.04%-0.02pp7q-0.5%-$3.1K
PAYCOM SOFTWARE INCPAYC$565.6K4,5000.04%flat10qHELD
VANGUARD INDEX FDSVOO$520.4K7580.04%flat11q+0.7%+$3.4K
TEXAS INSTRS INCTXN$506.9K1,7010.04%+0.01pp24qHELD
PLAINS ALL AMERN PIPELINE LPAA$485.5K21,8110.04%flat9qHELD
BLACKROCK MUNIYILD QULT FD IMQY$466.2K40,1940.04%flat2qHELD
INTERNATIONAL BANCSHARES CORIBOC$459.5K6,0500.03%flat18qHELD
IES HOLDINGS INCIESC$440.8K6000.03%+0.01pp5q-14.3%-$73.5K
INTEL CORPINTC$439.4K3,1470.03%-newNEW
CONOCOPHILLIPSCOP$432.3K4,1580.03%-0.06pp31q-49.1%-$417.2K
NUVEEN MUN VALUE FD INCNUV$427.4K46,3560.03%flat7qHELD
PLAINS GP HLDGS L PPAGP$427.2K17,6000.03%flat4q+29.4%+$97.1K
TESLA INCTSLA$414.7K9860.03%flat14q-14.0%-$67.7K
NIKE INCNKE$399.4K9,7290.03%-0.05pp31q-43.9%-$313.1K
GILEAD SCIENCES INCGILD$399.4K3,1610.03%-0.01pp18qHELD
PERMIAN RESOURCES CORPPR$370.0K20,1000.03%-0.01pp9q+5.3%+$18.5K
ADVANCED MICRO DEVICES INCAMD$364.2K6270.03%-newNEW
WORKDAY INCWDAY$359.1K2,9330.03%-0.01pp23q-14.6%-$61.6K
VANGUARD WORLD FDVOX$340.3K1,8500.03%flat9qHELD
PHILLIPS 66PSX$338.1K2,0000.03%-0.01pp21q-12.9%-$50.0K
REALTY INCOME CORPO$320.6K5,1750.02%flat6qHELD
VANGUARD WORLD FDVHT$318.7K1,0660.02%flat9qHELD
INTUITIVE SURGICAL INCISRG$318.1K8000.02%-0.01pp24qHELD
TARGA RES CORPTRGP$303.8K1,1330.02%flat3qHELD
SOUTHSTATE BK CORPSSB$299.7K3,0000.02%flat4qHELD
SSR MINING INSSRM$299.4K10,5870.02%flat2qHELD
VANGUARD WORLD FDVGT$290.7K2,4320.02%flat5q+700.0%+$254.3K
J P MORGAN EXCHANGE TRADED FJEPQ$287.4K4,6770.02%-newNEW
HUNTINGTON BANCSHARES INCHBAN$287.0K16,1850.02%flat2qHELD
PALO ALTO NETWORKS INCPANW$285.8K8380.02%-newNEW
TC ENERGY CORPTRP$278.4K4,2000.02%flat5qHELD
3M COMMM$271.2K1,6750.02%flat8qHELD
VANGUARD INDEX FDSVTI$264.1K7140.02%flat5q-4.2%-$11.5K
INVESCO QQQ TRQQQ$258.8K3510.02%-newNEW
DIAGEO PLCDEO$251.9K3,1340.02%flat31q-0.7%-$1.7K
DEVON ENERGY CORP NEWDVN$251.0K6,0740.02%flat7q+19.7%+$41.3K
SEABRIDGE GOLD INC$250.6K9,7360.02%-newNEW
ORACLE CORPORCL$249.8K1,7040.02%-0.01pp7q-17.0%-$51.3K
CENTERRA GOLD INCCGAU$236.6K14,9200.02%flat2qHELD
VANGUARD SCOTTSDALE FDSVCIT$233.4K2,8240.02%flat27qHELD
SKEENA RES LTD NEWSKE$227.2K8,5230.02%flat2qHELD
CROWDSTRIKE HLDGS INCCRWD$221.3K2900.02%-newNEW
SOUTHERN COSO$220.1K2,3000.02%-0.01pp7q-14.8%-$38.3K
SPDR GOLD TRGLD$214.4K5820.02%-0.01pp6q-27.4%-$81.0K
SHELL PLCSHEL$210.1K2,7100.02%-0.02pp2q-32.2%-$99.6K
SIMON PPTY GROUP INC NEWSPG$201.3K9000.02%-newNEW
COMSTOCK RES INCCRK$194.0K13,0000.01%flat3q+30.0%+$44.8K
STABILIS SOLUTIONS INCSLNG$99.3K24,5160.01%flat9q-13.0%-$14.8K
RING ENERGY INCREI$37.9K35,0610.00%flat13q-12.5%-$5.4K

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Software & IT Services 15.9%Semiconductors & Electronics 9.3%Retail & Consumer 8.7%Insurance 7.6%Biotech & Pharma 6.4%Industrials 6.4%Computer Hardware 5.3%Business Services 4.9%Transport & Logistics 4.4%Energy 4.3%Banks & Lending 4.0%Real Estate 3.4%Other sectors 16.9%Not classified 2.4%
 
SectorValueShare
Software & IT Services$210.8M15.9%
Semiconductors & Electronics$123.2M9.3%
Retail & Consumer$115.4M8.7%
Insurance$100.9M7.6%
Biotech & Pharma$84.9M6.4%
Industrials$84.7M6.4%
Computer Hardware$69.7M5.3%
Business Services$65.5M4.9%
Transport & Logistics$59.0M4.4%
Energy$57.1M4.3%
Banks & Lending$53.5M4.0%
Real Estate$45.6M3.4%
Other sectors$224.4M16.9%
Not classified$31.5M2.4%

Quarter by quarter

QuarterValuePositions NewAddedTrimmed ExitedTop 10 Days to file
Q2 2026$1.3B181115570735.7%34
Q1 2026$1.2B1771452721134.3%42
Q4 2025$1.2B1741637751037.4%37
Q3 2025$1.2B16845556937.5%31
Q2 2025$1.1B173155454436.4%28
Q1 2025$1.0B162969531334.1%31
Q4 2024$1.1B166276246535.8%31
Q3 2024$1.0B14434253535.4%30
Q2 2024$961.8M14694755736.4%29
Q1 2024$953.5M14465248334.6%24
Q4 2023$862.0M14164645534.4%24
Q3 2023$796.2M14084858133.2%23
Q2 2023$822.9M13375645932.5%31
Q1 2023$774.2M13564249729.8%28
Q4 2022$730.8M136552501029.4%34
Q3 2022$696.4M14135450629.4%45
Q2 2022$751.3M14465055828.7%29
Q1 2022$876.4M14676641928.2%27
Q4 2021$891.4M14876841530.0%39
Q3 2021$793.6M14635150429.0%34
Q2 2021$787.8M14785440329.2%42
Q1 2021$738.5M14284752428.9%21
Q4 2020$683.4M13893664330.2%20
Q3 2020$611.6M132103157431.7%26
Q2 2020$564.1M12695039632.1%17
Q1 2020$476.3M123446501731.6%6
Q4 2019$623.7M13684747629.8%21
Q3 2019$572.5M13426333528.6%21
Q2 2019$557.2M13764747227.7%17
Q1 2019$537.2M13396036627.6%22
Q4 2018$468.4M130000028.9%24

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.