Callahan Advisors, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 3, 2026), Callahan Advisors, LLC reported 181 stock positions worth $1.3 billion. Its top holding was Alphabet Class C (GOOG) at 6.3% of the portfolio, followed by Meta Platforms Class A (META, 4.4%) and Amazon.com (AMZN, 4.2%). Compared with Q1 2026, it opened 8 new positions, sold out of 5, added to 67 and reduced 76. The biggest buy was ASML Holding NV-NY Reg SHS (ASML, shares +5%) and the biggest sale Exxon Mobil (XOM, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- Houston, TX
- CIK
- 0001395055
- Portfolio Value
- $1.3B (Q2 2026)
- SEC Filing
- 0001140361-26-030698 ↗ filed Aug 3, 2026
Holdings Value
Holdings 181 stocks · $1.3B
| GOOG Alphabet Inc. Class C | 6.31% | 236,926 | $83.7M | Reduce -4.2% |
| META Meta Platforms Inc. Class A | 4.38% | 103,080 | $58.1M | Add +1.2% |
| AMZN Amazon.com Inc. | 4.24% | 235,831 | $56.2M | Add +0.9% |
| MSFT Microsoft Corp. | 3.56% | 126,474 | $47.2M | Add +0.3% |
| AMAT Applied Materials Inc. | 3.34% | 61,228 | $44.3M | Reduce -8.8% |
| CAT Caterpillar Inc. | 3.18% | 39,578 | $42.1M | Reduce -10.9% |
| AAPL Apple Inc. | 3.09% | 141,395 | $40.9M | Add +0.6% |
| NVDA Nvidia Corp. | 2.69% | 178,501 | $35.7M | Add +4.2% |
| CB Chubb Ltd. | 2.60% | 100,999 | $34.4M | Add +1.6% |
| JPM JPMorgan Chase & Co. | 2.33% | 94,588 | $31.0M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.30% | 61,073 | $30.6M | Add +2.3% |
| BN Brookfield Corp. | 2.28% | 708,571 | $30.2M | Add +0.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 2.13% | 14,188 | $28.2M | Add +5.0% |
| JNJ Johnson & Johnson | 2.04% | 106,466 | $27.0M | Reduce -2.8% |
| LLY Eli Lilly & Co. | 1.97% | 21,791 | $26.1M | Add +8.1% |
| NEE Nextera Energy Inc. | 1.92% | 289,805 | $25.4M | Reduce -4.3% |
| BKNG Booking Holdings Inc. | 1.88% | 139,751 | $24.9M | Add +7.6% |
| TSM Taiwan Semiconductor-SP ADR | 1.77% | 49,233 | $23.5M | Add +19.0% |
| MA Mastercard Inc. Class A | 1.56% | 40,392 | $20.7M | Add +6.6% |
| EQT Eqt Corp. | 1.56% | 388,477 | $20.7M | Add +3.9% |
| FTNT Fortinet Inc. | 1.54% | 133,076 | $20.4M | Reduce -1.9% |
| PEP Pepsico Inc. | 1.51% | 147,922 | $20.0M | Add +11.4% |
| MCD McDonald's Corp. | 1.44% | 70,826 | $19.1M | Add +10.3% |
| SYK Stryker Corp. | 1.42% | 59,630 | $18.8M | Add +20.8% |
| FDX FedEx Corp. | 1.41% | 59,560 | $18.6M | Reduce -2.8% |
| XOM Exxon Mobil Corp. | 1.28% | 123,869 | $16.9M | Reduce -3.9% |
| UNH Unitedhealth Group Inc. | 1.18% | 37,538 | $15.6M | Reduce -2.3% |
| WMT Walmart Inc. | 1.13% | 132,761 | $15.0M | Reduce -1.9% |
| PG The Procter & Gamble Co. | 1.12% | 100,890 | $14.8M | Add +1.4% |
| DY Dycom Industries Inc. | 1.07% | 28,125 | $14.2M | Reduce -0.0% |
| CVX Chevron Corp. | 0.96% | 76,544 | $12.7M | Reduce -2.4% |
| LOW Lowe's Cos Inc. | 0.94% | 56,490 | $12.5M | Reduce -1.4% |
| URI United Rentals Inc. | 0.93% | 10,837 | $12.3M | Reduce -1.3% |
| CVS CVS Health Corp. | 0.86% | 110,374 | $11.4M | Add +7.1% |
| PFE Pfizer Inc. | 0.86% | 471,052 | $11.3M | Reduce -16.3% |
| ETN Eaton Corp. PLC | 0.83% | 25,775 | $11.0M | Reduce -0.1% |
| NFLX Netflix Inc. | 0.82% | 151,451 | $10.8M | Add +41.0% |
| PAYX Paychex Inc. | 0.81% | 109,062 | $10.7M | Add +22.4% |
| DVA Davita Inc. | 0.76% | 45,098 | $10.0M | Add +28.3% |
| STE Steris PLC | 0.74% | 46,657 | $9.8M | Add +1.6% |
| KMI Kinder Morgan Inc. | 0.73% | 300,963 | $9.6M | Reduce -2.9% |
| WELL Welltower Inc. | 0.72% | 41,924 | $9.5M | Reduce -1.1% |
| MSCI MSCI Inc. | 0.71% | 16,840 | $9.4M | Add +15.9% |
| CTVA Corteva Inc. | 0.67% | 104,955 | $8.9M | Reduce -23.1% |
| PRI Primerica Inc. | 0.67% | 31,048 | $8.8M | Add +22.5% |
| GOOGL Alphabet Inc. Class A | 0.65% | 24,092 | $8.6M | Reduce -10.9% |
| GEV GE Vernova Inc. | 0.59% | 6,699 | $7.9M | Add +18.2% |
| EXP Eagle Materials Inc. | 0.56% | 32,739 | $7.4M | Add +0.6% |
| IQV Iqvia Holdings Inc. | 0.55% | 37,917 | $7.3M | Reduce -14.8% |
| CSCO Cisco Systems Inc. | 0.53% | 59,625 | $7.0M | Reduce -7.7% |
| ABT Abbott Laboratories | 0.52% | 75,943 | $6.9M | Add +1.4% |
| STEL Stellar Bancorp Inc. | 0.48% | 160,912 | $6.3M | Reduce -0.8% |
| CNI Canadian Natl Railway Co. | 0.48% | 52,841 | $6.3M | Reduce -5.5% |
| AXP American Express Co. | 0.45% | 17,830 | $6.0M | Add +0.0% |
| ENB Enbridge Inc. | 0.44% | 108,619 | $5.9M | Reduce -3.5% |
| CAH Cardinal Health Inc. | 0.42% | 23,409 | $5.6M | Reduce -13.7% |
| PLD Prologis Inc. | 0.41% | 39,813 | $5.4M | Add +0.6% |
| WTW Willis Towers Watson PLC | 0.40% | 20,361 | $5.3M | Add +2.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.39% | 54,234 | $5.2M | Add +0.4% |
| CLX Clorox Company | 0.38% | 53,216 | $5.1M | Reduce -6.3% |
| NTRS Northern Trust Corp. | 0.38% | 29,051 | $5.1M | Add +7.8% |
| KO The Coca-Cola Co. | 0.34% | 55,504 | $4.5M | Add +2.7% |
| GE General Electric filed as GE AEROSPACE | 0.34% | 11,923 | $4.5M | Add +40.8% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.32% | 90,737 | $4.2M | Reduce -9.7% |
| ACN Accenture PLC Class A | 0.31% | 32,632 | $4.1M | Add +57.6% |
| SPFI South Plains Financial Inc. | 0.30% | 90,944 | $3.9M | New |
| FSLR First Solar Inc. | 0.29% | 16,435 | $3.9M | Add +16.6% |
| MELI MercadoLibre Inc. | 0.28% | 2,199 | $3.7M | Reduce -17.0% |
| CFR Cullen/Frost Bankers Inc. | 0.28% | 24,052 | $3.7M | Reduce -0.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 23,470 | $3.6M | Add +13.0% |
| D Dominion Energy Inc. | 0.27% | 51,706 | $3.5M | Add +25.0% |
| SKWD Skyward Specialty Insurance | 0.24% | 54,830 | $3.2M | Add +3.4% |
| V Visa Inc. Class A | 0.24% | 9,167 | $3.1M | Reduce -0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.23% | 4 | $3.0M | No change |
| MRK Merck & Co. Inc. | 0.22% | 22,700 | $2.9M | Reduce -3.0% |
| BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED | 0.22% | 34,757 | $2.9M | Reduce -2.6% |
| T AT&T Inc. | 0.21% | 136,098 | $2.8M | Reduce -15.3% |
| MHD BlackRock Muniholdings Fund | 0.21% | 236,644 | $2.8M | No change |
| RTX RTX Corp. | 0.21% | 14,826 | $2.8M | No change |
| CTAS Cintas Corp. | 0.21% | 16,502 | $2.8M | Reduce -5.3% |
| CRM Salesforce Inc. | 0.21% | 17,769 | $2.8M | Reduce -22.8% |
| EPD Enterprise Products Partners | 0.20% | 72,335 | $2.7M | Reduce -3.0% |
| HD Home Depot Inc. | 0.20% | 7,448 | $2.6M | Reduce -5.9% |
| SCHB Schwab US Broad Market ETF | 0.20% | 89,990 | $2.6M | Add +3.8% |
| KVUE Kenvue Inc. | 0.19% | 134,405 | $2.6M | No change |
| ADP Automatic Data Processing | 0.19% | 11,402 | $2.6M | Add +0.0% |
| LMT Lockheed Martin Corp. | 0.19% | 4,980 | $2.5M | Add +1.8% |
| GD General Dynamics Corp. | 0.19% | 7,147 | $2.5M | No change |
| HSY The Hershey Co. | 0.19% | 14,155 | $2.5M | No change |
| PM Philip Morris International | 0.17% | 12,525 | $2.3M | Reduce -3.3% |
| LAZ Lazard Inc. | 0.17% | 52,442 | $2.2M | Reduce -4.3% |
| EOG EOG Resources Inc. | 0.16% | 16,814 | $2.2M | Reduce -8.2% |
| TRI Thomson Reuters Corp. | 0.16% | 25,906 | $2.1M | No change |
| UL Unilever PLC-Sponsored ADR | 0.15% | 32,651 | $2.0M | No change |
| VRSK Verisk Analytics Inc. | 0.15% | 10,868 | $2.0M | Reduce -42.1% |
| BF.B Brown-Forman Corp. Class B | 0.14% | 71,249 | $1.9M | No change |
| ADBE Adobe Inc. | 0.14% | 8,955 | $1.8M | Reduce -28.3% |
| NOW ServiceNow Inc. | 0.14% | 18,367 | $1.8M | Add +46.7% |
| QSR Restaurant Brands Intern | 0.14% | 25,030 | $1.8M | No change |
| FLOT iShares Floating Rate Bond E | 0.13% | 34,652 | $1.8M | Add +1.7% |
Portfolio Sells Q1 2026 → Q2 2026
| XOM Exxon Mobil Corp. | Reduce -3.9% | 1.28% | −0.55 |
| PFE Pfizer Inc. | Reduce -16.3% | 0.86% | −0.46 |
| NEE Nextera Energy Inc. | Reduce -4.3% | 1.92% | −0.43 |
| INTU Intuit Inc. | Reduce -76.3% | 0.06% | −0.43 |
| FDX FedEx Corp. | Reduce -2.8% | 1.41% | −0.42 |
| CVX Chevron Corp. | Reduce -2.4% | 0.96% | −0.40 |
| FDXF FedEx Freight Holding Co. | Reduce -80.7% | 0.07% | −0.32 |
| CTVA Corteva Inc. | Reduce -23.1% | 0.67% | −0.28 |
| WMT Walmart Inc. | Reduce -1.9% | 1.13% | −0.27 |
| JNJ Johnson & Johnson | Reduce -2.8% | 2.04% | −0.19 |
| LOW Lowe's Cos Inc. | Reduce -1.4% | 0.94% | −0.19 |
| T AT&T Inc. | Reduce -15.3% | 0.21% | −0.18 |
| VRSK Verisk Analytics Inc. | Reduce -42.1% | 0.15% | −0.15 |
| CRM Salesforce Inc. | Reduce -22.8% | 0.21% | −0.15 |
| KMI Kinder Morgan Inc. | Reduce -2.9% | 0.73% | −0.14 |
| ADBE Adobe Inc. | Reduce -28.3% | 0.14% | −0.12 |
| SLB SLB Ltd. | Reduce -9.7% | 0.32% | −0.11 |
| CLX Clorox Company | Reduce -6.3% | 0.38% | −0.11 |
| MELI MercadoLibre Inc. | Reduce -17.0% | 0.28% | −0.10 |
| IQV Iqvia Holdings Inc. | Reduce -14.8% | 0.55% | −0.08 |
| ENB Enbridge Inc. | Reduce -3.5% | 0.44% | −0.06 |
| CAH Cardinal Health Inc. | Reduce -13.7% | 0.42% | −0.06 |
| COP Conocophillips | Reduce -49.1% | 0.03% | −0.06 |
| EOG EOG Resources Inc. | Reduce -8.2% | 0.16% | −0.06 |
| FISV Fiserv Inc. | Reduce -15.5% | 0.10% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -29.6% | 0.13% | −0.05 |
| NKE Nike Inc. Class B | Reduce -43.9% | 0.03% | −0.05 |
| EPD Enterprise Products Partners | Reduce -3.0% | 0.20% | −0.04 |
| CTAS Cintas Corp. | Reduce -5.3% | 0.21% | −0.03 |
| XYL Xylem Inc. | Reduce -12.2% | 0.11% | −0.03 |
| LAZ Lazard Inc. | Reduce -4.3% | 0.17% | −0.03 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.02 |
| FANG Diamondback Energy Inc. | Reduce -8.7% | 0.06% | −0.02 |
| HD Home Depot Inc. | Reduce -5.9% | 0.20% | −0.02 |
| ARLP Alliance Resource Partners | Sold out | 0.00% | −0.02 |
| STEL Stellar Bancorp Inc. | Reduce -0.8% | 0.48% | −0.02 |
| AR Antero Resources Corp. | Sold out | 0.00% | −0.02 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.02 |
| REGN Regeneron Pharmaceuticals | Reduce -0.5% | 0.04% | −0.02 |
| DHR Danaher Corp. | Reduce -1.5% | 0.13% | −0.02 |
| ARCC Ares Capital Corp. | Sold out | 0.00% | −0.02 |
| SHEL Shell PLC-ADR | Reduce -32.2% | 0.02% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -3.0% | 0.22% | −0.01 |
| GLD SPDR Gold Shares | Reduce -27.4% | 0.02% | −0.01 |
| WDAY Workday Inc. Class A | Reduce -14.6% | 0.03% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -0.7% | 0.05% | −0.01 |
| PSX Phillips 66 | Reduce -12.9% | 0.03% | −0.01 |
| PM Philip Morris International | Reduce -3.3% | 0.17% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 2.33% | −0.01 |
| ORCL Oracle Corp. | Reduce -17.0% | 0.02% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| ASML ASML Holding NV-NY Reg SHS | Add +5.0% | 2.13% | +0.64 |
| TSM Taiwan Semiconductor-SP ADR | Add +19.0% | 1.77% | +0.61 |
| LLY Eli Lilly & Co. | Add +8.1% | 1.97% | +0.42 |
| DVA Davita Inc. | Add +28.3% | 0.76% | +0.31 |
| SPFI South Plains Financial Inc. | New | 0.30% | +0.30 |
| CVS CVS Health Corp. | Add +7.1% | 0.86% | +0.24 |
| NVDA Nvidia Corp. | Add +4.2% | 2.69% | +0.20 |
| GEV GE Vernova Inc. | Add +18.2% | 0.59% | +0.18 |
| AMZN Amazon.com Inc. | Add +0.9% | 4.24% | +0.18 |
| PRI Primerica Inc. | Add +22.5% | 0.67% | +0.14 |
| GE General Electric | Add +40.8% | 0.34% | +0.14 |
| PAYX Paychex Inc. | Add +22.4% | 0.81% | +0.12 |
| AAPL Apple Inc. | Add +0.6% | 3.09% | +0.11 |
| NTRS Northern Trust Corp. | Add +7.8% | 0.38% | +0.07 |
| SYK Stryker Corp. | Add +20.8% | 1.42% | +0.06 |
| FSLR First Solar Inc. | Add +16.6% | 0.29% | +0.06 |
| MSCI MSCI Inc. | Add +15.9% | 0.71% | +0.06 |
| D Dominion Energy Inc. | Add +25.0% | 0.27% | +0.05 |
| BKNG Booking Holdings Inc. | Add +7.6% | 1.88% | +0.05 |
| SKWD Skyward Specialty Insurance | Add +3.4% | 0.24% | +0.05 |
| EXP Eagle Materials Inc. | Add +0.6% | 0.56% | +0.04 |
| INTC Intel Corp. | New | 0.03% | +0.03 |
| NOW ServiceNow Inc. | Add +46.7% | 0.14% | +0.03 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| LIN Linde PLC | Add +35.6% | 0.11% | +0.02 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.02% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.02% | +0.02 |
| DLTR Dollar Tree Inc. | Add +33.5% | 0.08% | +0.02 |
| BNS Bank of Nova Scotia | Add +18.1% | 0.07% | +0.02 |
| VST Vistra Corp. | Add +29.5% | 0.10% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.02% | +0.02 |
| SPG Simon Property Group Inc. | New | 0.02% | +0.02 |
| SCHB Schwab US Broad Market ETF | Add +3.8% | 0.20% | +0.01 |
| TXN Texas Instruments Inc. | Add +0.2% | 0.04% | +0.01 |
| ABBV Abbvie Inc. | Add +3.4% | 0.10% | +0.01 |
| AXP American Express Co. | Add +0.0% | 0.45% | +0.00 |
| PAGP Plains GP Holdings LP | Add +29.4% | 0.03% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.7% | 0.04% | +0.00 |
| UNP Union Pacific Corp. | Add +0.0% | 0.11% | +0.00 |
| VHT Vanguard Health Care ETF | Add +0.5% | 0.02% | −0.00 |
| MO Altria Group Inc. | Add +1.1% | 0.06% | −0.00 |
| ADP Automatic Data Processing | Add +0.0% | 0.19% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Add +13.5% | 0.07% | −0.00 |
| VCIT Vanguard Int-Term Corporate | Add +0.1% | 0.02% | −0.00 |
| DVN Devon Energy Corp. | Add +19.7% | 0.02% | −0.00 |
| KO The Coca-Cola Co. | Add +2.7% | 0.34% | −0.00 |
| CRK Comstock Resources Inc. | Add +30.0% | 0.01% | −0.00 |
| PAA Plains All Amer Pipeline LP | Add +0.1% | 0.04% | −0.00 |
| PR Permian Resources Corp. Class A | Add +5.3% | 0.03% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 181 | $1.3B | GOOG, META, AMZN, MSFT, AMAT |
| Q1 2026 | 177 | $1.2B | GOOG, META, AMZN, MSFT, AAPL |
| Q4 2025 | 174 | $1.2B | GOOG, META, MSFT, AMZN, AAPL |
| Q3 2025 | 168 | $1.2B | META, GOOG, MSFT, AMZN, AAPL |
| Q2 2025 | 173 | $1.1B | META, MSFT, AMZN, GOOG, AAPL |
| Q1 2025 | 162 | $1.0B | META, MSFT, GOOG, AMZN, AAPL |
| Q4 2024 | 166 | $1.1B | META, MSFT, GOOG, AMZN, AAPL |
| Q3 2024 | 144 | $1.0B | META, MSFT, GOOG, AAPL, AMZN |
| Q2 2024 | 146 | $961.8M | META, MSFT, GOOG, AMZN, AAPL |
| Q1 2024 | 144 | $953.5M | META, MSFT, GOOG, AMZN, AAPL |