Callahan Advisors, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 24, 2024), Callahan Advisors, LLC reported 144 stock positions worth $953.5 million. Its top holding was Meta Platforms Class A (META) at 6.1% of the portfolio, followed by Microsoft (MSFT, 5.1%) and Alphabet Class C (GOOG, 4.0%). Compared with Q4 2023, it opened 6 new positions, sold out of 3, added to 62 and reduced 56. The biggest buy was Nvidia (NVDA, shares +22%) and the biggest sale Apple (AAPL, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- Houston, TX
- CIK
- 0001395055
- Portfolio Value
- $953.5M (Q1 2024)
- SEC Filing
- 0001140361-24-021619 ↗ filed Apr 24, 2024
Holdings Value
Holdings 144 stocks · $953.5M
| META Meta Platforms Inc. Class A | 6.10% | 119,807 | $58.2M | Reduce -4.3% |
| MSFT Microsoft Corp. | 5.13% | 116,164 | $48.9M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 3.98% | 249,412 | $38.0M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 3.80% | 200,922 | $36.2M | Add +1.3% |
| AAPL Apple Inc. | 2.98% | 165,617 | $28.4M | Reduce -6.6% |
| JPM JPMorgan Chase & Co. | 2.81% | 133,945 | $26.8M | Reduce -3.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.75% | 62,447 | $26.3M | Reduce -0.2% |
| CB Chubb Ltd. | 2.52% | 92,863 | $24.1M | Add +2.9% |
| UNH Unitedhealth Group Inc. | 2.29% | 44,152 | $21.8M | Add +0.3% |
| CAT Caterpillar Inc. | 2.22% | 57,698 | $21.1M | Reduce -10.1% |
| FDX FedEx Corp. | 2.12% | 69,629 | $20.2M | Reduce -3.5% |
| BN Brookfield Corp. | 2.10% | 477,309 | $20.0M | Add +1.2% |
| LOW Lowe's Cos Inc. | 2.00% | 74,793 | $19.1M | Reduce -5.3% |
| SYK Stryker Corp. | 1.98% | 52,693 | $18.9M | Reduce -1.7% |
| JNJ Johnson & Johnson | 1.96% | 118,341 | $18.7M | Add +1.3% |
| AMAT Applied Materials Inc. | 1.82% | 84,351 | $17.4M | Reduce -15.0% |
| XOM Exxon Mobil Corp. | 1.80% | 147,810 | $17.2M | Reduce -2.6% |
| MCD McDonald's Corp. | 1.72% | 58,154 | $16.4M | Reduce -1.8% |
| CVX Chevron Corp. | 1.72% | 103,936 | $16.4M | Reduce -1.6% |
| PEP Pepsico Inc. | 1.63% | 88,847 | $15.5M | Add +2.4% |
| PG The Procter & Gamble Co. | 1.58% | 93,069 | $15.1M | Reduce -1.1% |
| EQT Eqt Corp. | 1.47% | 378,847 | $14.0M | Add +9.0% |
| NEE Nextera Energy Inc. | 1.46% | 217,749 | $13.9M | Add +15.5% |
| BKNG Booking Holdings Inc. | 1.42% | 3,744 | $13.6M | Add +6.8% |
| WMT Walmart Inc. | 1.32% | 209,746 | $12.6M | Add +0.3% |
| EOG EOG Resources Inc. | 1.32% | 98,703 | $12.6M | Add +8.9% |
| ACN Accenture PLC Class A | 1.17% | 32,273 | $11.2M | Reduce -0.3% |
| GPN Global Payments Inc. | 1.16% | 82,766 | $11.1M | Add +14.9% |
| EXP Eagle Materials Inc. | 1.16% | 40,579 | $11.0M | Add +3.8% |
| PAYX Paychex Inc. | 1.15% | 89,622 | $11.0M | Add +4.6% |
| MA Mastercard Inc. Class A | 1.10% | 21,815 | $10.5M | Add +20.3% |
| CNI Canadian Natl Railway Co. | 1.06% | 76,956 | $10.1M | Reduce -5.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.06% | 183,645 | $10.1M | Add +9.0% |
| FTNT Fortinet Inc. | 1.02% | 142,723 | $9.7M | Add +13.6% |
| LLY Eli Lilly & Co. | 0.99% | 12,103 | $9.4M | Add +15.9% |
| CSCO Cisco Systems Inc. | 0.97% | 185,959 | $9.3M | Reduce -18.2% |
| KMI Kinder Morgan Inc. | 0.94% | 486,562 | $8.9M | Add +0.0% |
| STE Steris PLC | 0.92% | 38,864 | $8.7M | Reduce -1.6% |
| CTVA Corteva Inc. | 0.91% | 151,187 | $8.7M | Add +13.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.89% | 69,712 | $8.5M | Add +1.3% |
| ABT Abbott Laboratories | 0.88% | 73,902 | $8.4M | Reduce -7.4% |
| PFE Pfizer Inc. | 0.85% | 291,237 | $8.1M | Add +35.6% |
| URI United Rentals Inc. | 0.84% | 11,141 | $8.0M | Reduce -17.3% |
| IQV Iqvia Holdings Inc. | 0.84% | 31,732 | $8.0M | Add +8.7% |
| CAH Cardinal Health Inc. | 0.78% | 66,719 | $7.5M | Reduce -0.2% |
| CRM Salesforce Inc. | 0.74% | 23,542 | $7.1M | Add +17.6% |
| CTAS Cintas Corp. | 0.73% | 10,082 | $6.9M | Reduce -3.0% |
| NKE Nike Inc. Class B | 0.69% | 69,772 | $6.6M | Reduce -3.1% |
| DHI D.R. Horton Inc. | 0.68% | 39,356 | $6.5M | Add +3.9% |
| ETN Eaton Corp. PLC | 0.66% | 20,074 | $6.3M | Add +4.0% |
| NVDA Nvidia Corp. | 0.65% | 6,889 | $6.2M | Add +22.2% |
| DEO Diageo PLC-Sponsored ADR | 0.65% | 41,411 | $6.2M | Reduce -13.1% |
| CVS CVS Health Corp. | 0.60% | 71,423 | $5.7M | Add +1.4% |
| CFR Cullen/Frost Bankers Inc. | 0.55% | 46,188 | $5.2M | Reduce -0.9% |
| PLD Prologis Inc. | 0.54% | 39,548 | $5.1M | Reduce -10.6% |
| T AT&T Inc. | 0.47% | 255,867 | $4.5M | Add +63.2% |
| DY Dycom Industries Inc. | 0.46% | 30,533 | $4.4M | Add +34.8% |
| STEL Stellar Bancorp Inc. | 0.45% | 177,052 | $4.3M | Reduce -0.9% |
| WELL Welltower Inc. | 0.45% | 45,982 | $4.3M | Reduce -2.6% |
| THOMSON REUTERS CORP | 0.43% | 26,314 | $4.1M | No change |
| AXP American Express Co. | 0.43% | 17,899 | $4.1M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.42% | 30,588 | $4.0M | Add +0.0% |
| BHP BHP Group Ltd.-Spon ADR | 0.41% | 68,438 | $3.9M | Reduce -29.2% |
| DHR Danaher Corp. | 0.37% | 14,302 | $3.6M | Reduce -13.5% |
| WTW Willis Towers Watson PLC | 0.36% | 12,365 | $3.4M | Add +7.1% |
| WDAY Workday Inc. Class A | 0.35% | 12,219 | $3.3M | Add +9.8% |
| KO The Coca-Cola Co. | 0.34% | 53,080 | $3.2M | Reduce -0.3% |
| NOW ServiceNow Inc. | 0.33% | 4,127 | $3.1M | Add +0.7% |
| ENB Enbridge Inc. | 0.30% | 78,876 | $2.9M | Add +21.7% |
| GOOGL Alphabet Inc. Class A | 0.30% | 18,684 | $2.8M | Reduce -1.0% |
| ENTG Entegris Inc. | 0.28% | 18,800 | $2.6M | Reduce -5.2% |
| V Visa Inc. Class A | 0.26% | 8,876 | $2.5M | Add +0.9% |
| VRSK Verisk Analytics Inc. | 0.26% | 10,466 | $2.5M | Add +9.9% |
| DOW Dow Inc. | 0.25% | 40,934 | $2.4M | Reduce -3.7% |
| UL Unilever PLC | 0.24% | 46,203 | $2.3M | Reduce -5.0% |
| SWKS Skyworks Solutions Inc. | 0.23% | 20,168 | $2.2M | Reduce -3.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 20,860 | $2.1M | Add +8.0% |
| PAYC Paycom Software Inc. | 0.21% | 10,270 | $2.0M | New |
| GD General Dynamics Corp. | 0.21% | 7,208 | $2.0M | No change |
| QSR Restaurant Brands Intern | 0.21% | 25,030 | $2.0M | No change |
| SKWD Skyward Specialty Insurance | 0.20% | 50,266 | $1.9M | New |
| SBUX Starbucks Corp. | 0.19% | 20,143 | $1.8M | Add +49.2% |
| HD Home Depot Inc. | 0.17% | 4,240 | $1.6M | Reduce -4.0% |
| FISV Fiserv Inc. | 0.16% | 9,485 | $1.5M | No change |
| NTRS Northern Trust Corp. | 0.16% | 16,751 | $1.5M | Add +24.1% |
| LAZ Lazard Inc. | 0.15% | 34,130 | $1.4M | New |
| RTX RTX Corp. | 0.15% | 14,521 | $1.4M | Add +0.0% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.14% | 16,055 | $1.4M | No change |
| LMT Lockheed Martin Corp. | 0.14% | 2,998 | $1.4M | Add +10.1% |
| GSK GSK PLC-Spon ADR | 0.14% | 30,875 | $1.3M | No change |
| DLTR Dollar Tree Inc. | 0.14% | 9,685 | $1.3M | Reduce -35.2% |
| FE Firstenergy Corp. | 0.13% | 32,600 | $1.3M | No change |
| FANG Diamondback Energy Inc. | 0.13% | 6,317 | $1.3M | Add +0.1% |
| K Kellanova | 0.13% | 21,818 | $1.2M | Reduce -0.2% |
| COP Conocophillips | 0.12% | 8,661 | $1.1M | No change |
| ZTS Zoetis Inc. | 0.11% | 6,177 | $1.0M | Reduce -2.1% |
| GIS General Mills Inc. | 0.11% | 14,815 | $1.0M | No change |
| SCHB Schwab US Broad Market ETF | 0.11% | 16,569 | $1.0M | Add +1.5% |
| FRD Friedman Industries | 0.10% | 49,838 | $934K | Reduce -5.4% |
| FIS Fidelity National Info Serv | 0.10% | 12,500 | $927K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -6.6% | 2.98% | −0.98 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.39 |
| CSCO Cisco Systems Inc. | Reduce -18.2% | 0.97% | −0.36 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -29.2% | 0.41% | −0.35 |
| MCD McDonald's Corp. | Reduce -1.8% | 1.72% | −0.32 |
| NKE Nike Inc. Class B | Reduce -3.1% | 0.69% | −0.22 |
| DEO Diageo PLC-Sponsored ADR | Reduce -13.1% | 0.65% | −0.16 |
| ACN Accenture PLC Class A | Reduce -0.3% | 1.17% | −0.15 |
| PLD Prologis Inc. | Reduce -10.6% | 0.54% | −0.14 |
| ABT Abbott Laboratories | Reduce -7.4% | 0.88% | −0.14 |
| STEL Stellar Bancorp Inc. | Reduce -0.9% | 0.45% | −0.12 |
| CNI Canadian Natl Railway Co. | Reduce -5.0% | 1.06% | −0.12 |
| DLTR Dollar Tree Inc. | Reduce -35.2% | 0.14% | −0.11 |
| CVX Chevron Corp. | Reduce -1.6% | 1.72% | −0.11 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 3.98% | −0.10 |
| STE Steris PLC | Reduce -1.6% | 0.92% | −0.09 |
| DHR Danaher Corp. | Reduce -13.5% | 0.37% | −0.07 |
| URI United Rentals Inc. | Reduce -17.3% | 0.84% | −0.05 |
| WELL Welltower Inc. | Reduce -2.6% | 0.45% | −0.04 |
| SWKS Skyworks Solutions Inc. | Reduce -3.4% | 0.23% | −0.04 |
| CFR Cullen/Frost Bankers Inc. | Reduce -0.9% | 0.55% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -15.0% | 1.82% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -5.3% | 2.00% | −0.04 |
| ZTS Zoetis Inc. | Reduce -2.1% | 0.11% | −0.03 |
| UL Unilever PLC | Reduce -5.0% | 0.24% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Reduce -47.5% | 0.03% | −0.03 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.03 |
| INTC Intel Corp. | Sold out | 0.00% | −0.02 |
| KO The Coca-Cola Co. | Reduce -0.3% | 0.34% | −0.02 |
| DOW Dow Inc. | Reduce -3.7% | 0.25% | −0.02 |
| PII Polaris Inc. | Reduce -31.8% | 0.03% | −0.02 |
| TSLA Tesla Inc. | Reduce -10.7% | 0.02% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -1.1% | 1.58% | −0.02 |
| K Kellanova | Reduce -0.2% | 0.13% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -1.0% | 0.30% | −0.01 |
| THO Thor Industries Inc. | Reduce -1.4% | 0.07% | −0.01 |
| VCIT Vanguard Int-Term Corporate | Reduce -21.1% | 0.02% | −0.01 |
| HD Home Depot Inc. | Reduce -4.0% | 0.17% | −0.01 |
| DVN Devon Energy Corp. | Reduce -15.8% | 0.03% | −0.01 |
| SCHO Schwab Short-Term US Treas | Reduce -3.9% | 0.03% | −0.00 |
| RF Regions Financial Corp. | Reduce -3.1% | 0.07% | −0.00 |
| PXD Pioneer Natural Resources Co. | Reduce -10.8% | 0.06% | −0.00 |
| FDX FedEx Corp. | Reduce -3.5% | 2.12% | −0.00 |
| STZ Constellation Brands Inc. Class A | Reduce -2.8% | 0.02% | −0.00 |
| CTAS Cintas Corp. | Reduce -3.0% | 0.73% | −0.00 |
| ISRG Intuitive Surgical Inc. | Reduce -6.8% | 0.04% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -0.2% | 0.04% | +0.00 |
| ENTG Entegris Inc. | Reduce -5.2% | 0.28% | +0.00 |
| CAH Cardinal Health Inc. | Reduce -0.2% | 0.78% | +0.00 |
| FRD Friedman Industries | Reduce -5.4% | 0.10% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +22.2% | 0.65% | +0.33 |
| AMZN Amazon.com Inc. | Add +1.3% | 3.80% | +0.31 |
| LLY Eli Lilly & Co. | Add +15.9% | 0.99% | +0.28 |
| EXP Eagle Materials Inc. | Add +3.8% | 1.16% | +0.24 |
| PAYC Paycom Software Inc. | New | 0.21% | +0.21 |
| MA Mastercard Inc. Class A | Add +20.3% | 1.10% | +0.20 |
| SKWD Skyward Specialty Insurance | New | 0.20% | +0.20 |
| CTVA Corteva Inc. | Add +13.7% | 0.91% | +0.17 |
| DIS The Walt Disney Co. | Add +1.3% | 0.89% | +0.17 |
| FTNT Fortinet Inc. | Add +13.6% | 1.02% | +0.17 |
| T AT&T Inc. | Add +63.2% | 0.47% | +0.17 |
| CB Chubb Ltd. | Add +2.9% | 2.52% | +0.16 |
| DY Dycom Industries Inc. | Add +34.8% | 0.46% | +0.16 |
| LAZ Lazard Inc. | New | 0.15% | +0.15 |
| CRM Salesforce Inc. | Add +17.6% | 0.74% | +0.13 |
| NEE Nextera Energy Inc. | Add +15.5% | 1.46% | +0.13 |
| PFE Pfizer Inc. | Add +35.6% | 0.85% | +0.13 |
| ETN Eaton Corp. PLC | Add +4.0% | 0.66% | +0.12 |
| GPN Global Payments Inc. | Add +14.9% | 1.16% | +0.10 |
| IQV Iqvia Holdings Inc. | Add +8.7% | 0.84% | +0.06 |
| EOG EOG Resources Inc. | Add +8.9% | 1.32% | +0.05 |
| FLOT iShares Floating Rate Bond E | New | 0.05% | +0.05 |
| WMT Walmart Inc. | Add +0.3% | 1.32% | +0.05 |
| SBUX Starbucks Corp. | Add +49.2% | 0.19% | +0.04 |
| SLB SLB Ltd. | Add +9.0% | 1.06% | +0.04 |
| MRK Merck & Co. Inc. | Add +0.0% | 0.42% | +0.04 |
| WTW Willis Towers Watson PLC | Add +7.1% | 0.36% | +0.03 |
| ENB Enbridge Inc. | Add +21.7% | 0.30% | +0.03 |
| BMY Bristol-Myers Squibb Co. | New | 0.03% | +0.03 |
| NTRS Northern Trust Corp. | Add +24.1% | 0.16% | +0.02 |
| VGT Vanguard Info Tech ETF | New | 0.02% | +0.02 |
| FANG Diamondback Energy Inc. | Add +0.1% | 0.13% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Add +36.4% | 0.05% | +0.02 |
| AVGO Broadcom Inc. | Add +10.7% | 0.08% | +0.01 |
| TJX TJX Companies Inc. | Add +8.0% | 0.22% | +0.01 |
| DHI D.R. Horton Inc. | Add +3.9% | 0.68% | +0.01 |
| COST Costco Wholesale Corp. | Add +18.5% | 0.07% | +0.01 |
| RTX RTX Corp. | Add +0.0% | 0.15% | +0.01 |
| SBOW Silverbow Resources Inc. | Add +7.9% | 0.05% | +0.01 |
| ABBV Abbvie Inc. | Add +0.1% | 0.09% | +0.01 |
| IBM Intl Business Machines Corp. | Add +2.5% | 0.06% | +0.00 |
| MO Altria Group Inc. | Add +15.4% | 0.03% | +0.00 |
| WM Waste Management Inc. | Add +0.1% | 0.04% | +0.00 |
| MAIN Main Street Capital Corp. | Add +3.1% | 0.08% | +0.00 |
| OKE Oneok Inc. | Add +1.1% | 0.03% | +0.00 |
| BNS Bank of Nova Scotia | Add +9.3% | 0.03% | +0.00 |
| EPD Enterprise Products Partners | Add +1.3% | 0.05% | +0.00 |
| SCHB Schwab US Broad Market ETF | Add +1.5% | 0.11% | +0.00 |
| CRK Comstock Resources Inc. | Add +5.9% | 0.02% | +0.00 |
| LMT Lockheed Martin Corp. | Add +10.1% | 0.14% | −0.00 |
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 |