# MONTAG & CALDWELL, LLC

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 67698. Source: https://holderbook.com/funds/67698-montag-caldwell-llc/

- Reported value: $456.8M
- Positions: 113
- Weight of the ten largest: 38.1%
- Filed: 2025-08-15

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VISA INC | [V](https://holderbook.com/stocks/V/) | $19.6M | 55,278 | 4.3% | 27 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $19.6M | 39,374 | 4.3% | 27 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $19.3M | 24,546 | 4.2% | 13 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $18.4M | 104,263 | 4.0% | 27 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $17.4M | 79,260 | 3.8% | 22 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $16.6M | 104,921 | 3.6% | 9 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $16.3M | 79,659 | 3.6% | 10 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $15.9M | 253,910 | 3.5% | 27 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $15.8M | 39,887 | 3.4% | 20 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $15.2M | 18,926 | 3.3% | 3 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $14.8M | 60,895 | 3.2% | 26 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $14.5M | 257,636 | 3.2% | 14 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $14.4M | 106,093 | 3.2% | 27 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $14.2M | 77,641 | 3.1% | 20 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $13.8M | 147,625 | 3.0% | 5 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $13.7M | 10,261 | 3.0% | 17 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $13.7M | 17,546 | 3.0% | 13 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $13.7M | 149,635 | 3.0% | 16 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $13.2M | 12,801 | 2.9% | 5 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $12.6M | 23,826 | 2.8% | 8 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $11.8M | 57,346 | 2.6% | 27 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $11.6M | 74,139 | 2.5% | 12 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $10.9M | 49,320 | 2.4% | 27 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $9.5M | 24,659 | 2.1% | 14 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $8.7M | 123,503 | 1.9% | 10 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $8.2M | 27,888 | 1.8% | 27 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $8.2M | 79,995 | 1.8% | 1 |
| HUNT J B TRANS SVCS INC | [JBHT](https://holderbook.com/stocks/JBHT/) | $8.1M | 56,407 | 1.8% | 3 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $7.1M | 90,353 | 1.5% | 27 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $6.7M | 28,053 | 1.5% | 8 |
| ISHARES TR | [GVI](https://holderbook.com/stocks/GVI/) | $3.1M | 29,325 | 0.7% | 14 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $1.9M | 64,024 | 0.4% | 13 |
| PINTEREST INC | [PINS](https://holderbook.com/stocks/PINS/) | $1.6M | 44,856 | 0.4% | 8 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $1.6M | 5,555 | 0.4% | 9 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $1.6M | 10,426 | 0.4% | 15 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $1.5M | 27,808 | 0.3% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.4M | 1,443 | 0.3% | 13 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.4M | 17,030 | 0.3% | 3 |
| DOORDASH INC | [DASH](https://holderbook.com/stocks/DASH/) | $1.4M | 5,711 | 0.3% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.4M | 1,838 | 0.3% | 6 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $1.3M | 7,315 | 0.3% | 7 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $1.3M | 14,611 | 0.3% | 8 |
| PRIMO BRANDS CORPORATION | [PRMB](https://holderbook.com/stocks/PRMB/) | $1.3M | 43,076 | 0.3% | 2 |
| CORPAY INC | [CPAY](https://holderbook.com/stocks/CPAY/) | $1.3M | 3,838 | 0.3% | 5 |
| TE CONNECTIVITY PLC | [TEL](https://holderbook.com/stocks/TEL/) | $1.2M | 7,382 | 0.3% | 3 |
| TRANSUNION | [TRU](https://holderbook.com/stocks/TRU/) | $1.2M | 14,008 | 0.3% | 18 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.2M | 3,250 | 0.3% | 25 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $1.2M | 15,252 | 0.3% | 16 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $1.1M | 4,730 | 0.3% | 23 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $1.1M | 4,179 | 0.2% | 4 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $1.1M | 6,037 | 0.2% | 27 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $1.0M | 21,152 | 0.2% | 26 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $1.0M | 37,201 | 0.2% | 17 |
| EURONET WORLDWIDE INC | [EEFT](https://holderbook.com/stocks/EEFT/) | $1.0M | 10,005 | 0.2% | 27 |
| APTIV PLC | [APTV](https://holderbook.com/stocks/APTV/) | $954.1K | 13,986 | 0.2% | 3 |
| GLOBUS MED INC | [GMED](https://holderbook.com/stocks/GMED/) | $913.6K | 15,480 | 0.2% | 6 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $866.1K | 7,733 | 0.2% | 9 |
| CHURCH & DWIGHT CO INC | [CHD](https://holderbook.com/stocks/CHD/) | $848.5K | 8,828 | 0.2% | 23 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $786.5K | 4,434 | 0.2% | 27 |
| ATLASSIAN CORPORATION | [TEAM](https://holderbook.com/stocks/TEAM/) | $774.8K | 3,815 | 0.2% | 1 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $774.8K | 6,274 | 0.2% | 27 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $708.1K | 3,239 | 0.2% | 11 |
| FIDELITY COVINGTON TRUST | [FSMD](https://holderbook.com/stocks/FSMD/) | $697.5K | 16,819 | 0.2% | 2 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $688.7K | 10,771 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $679.5K | 4,606 | 0.1% | 6 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $644.4K | 8,051 | 0.1% | 23 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $626.0K | 14,562 | 0.1% | 13 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $597.9K | 3,221 | 0.1% | 13 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $574.7K | 6,391 | 0.1% | 3 |
| ISHARES TR | [GBF](https://holderbook.com/stocks/GBF/) | $547.0K | 5,237 | 0.1% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $535.8K | 3,363 | 0.1% | 27 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $535.5K | 3,973 | 0.1% | 11 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $484.3K | 4,493 | 0.1% | 13 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $476.5K | 1,589 | 0.1% | 13 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $438.6K | 6,321 | 0.1% | 13 |
| FRANKLIN TEMPLETON ETF TR | [FLIN](https://holderbook.com/stocks/FLIN/) | $422.6K | 10,609 | 0.1% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $410.7K | 1,490 | 0.1% | 5 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $397.2K | 3,008 | 0.1% | 20 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $391.5K | 2,458 | 0.1% | 20 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $384.2K | 1,315 | 0.1% | 13 |
| SIMPLIFY EXCHANGE TRADED FUN | [MTBA](https://holderbook.com/stocks/MTBA/) | $381.2K | 7,611 | 0.1% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $369.5K | 2,419 | 0.1% | 13 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $314.8K | 4,668 | 0.1% | 27 |
| ELECTRONIC ARTS INC | [EA](https://holderbook.com/stocks/EA/) | $303.3K | 1,899 | 0.1% | 13 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $302.9K | 3,134 | 0.1% | 3 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $293.3K | 3,000 | 0.1% | 5 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $231.6K | 2,548 | 0.1% | 7 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $174.8K | 2,327 | 0.0% | 27 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $151.7K | 270 | 0.0% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $143.2K | 1,000 | 0.0% | 3 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $125.0K | 364 | 0.0% | 14 |
| UMH PPTYS INC | [UMH](https://holderbook.com/stocks/UMH/) | $115.9K | 6,900 | 0.0% | 3 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $113.6K | 364 | 0.0% | 27 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $106.4K | 750 | 0.0% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $87.0K | 300 | 0.0% | 3 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $83.3K | 1,052 | 0.0% | 3 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $79.6K | 270 | 0.0% | 3 |
| SHAKE SHACK INC | [SHAK](https://holderbook.com/stocks/SHAK/) | $73.8K | 525 | 0.0% | 3 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $71.0K | 1,500 | 0.0% | 3 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $68.3K | 617 | 0.0% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2025 | +9.2% | +10.5% | -1.2% | 100% |
| Q1 2025 | -3.6% | -4.6% | +0.9% | 100% |
| Q4 2024 | +1.6% | +2.1% | -0.6% | 100% |
| Q3 2024 | +2.3% | +5.4% | -3.1% | 100% |
| Q2 2024 | +3.2% | +4.0% | -0.8% | 100% |
| Q1 2024 | +8.1% | +10.0% | -1.9% | 100% |
| Q4 2023 | +14.0% | +11.2% | +2.8% | 100% |
| Q3 2023 | -6.1% | -3.6% | -2.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $456.8M | 113 |
| Q1 2025 | $431.0M | 131 |
| Q4 2024 | $468.7M | 137 |
| Q3 2024 | $492.3M | 85 |
| Q2 2024 | $495.1M | 85 |
| Q1 2024 | $580.4M | 83 |
| Q4 2023 | $573.2M | 81 |
| Q3 2023 | $778.8M | 87 |
| Q2 2023 | $819.6M | 86 |
| Q1 2023 | $744.5M | 82 |
| Q4 2022 | $689.3M | 85 |
| Q3 2022 | $673.4M | 86 |