Montag & Caldwell, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Montag & Caldwell, LLC reported 85 stock positions worth $495.1 million. Its top holding was Microsoft (MSFT) at 7.1% of the portfolio, followed by Alphabet Class A (GOOGL, 6.4%) and Amazon.com (AMZN, 5.4%). Compared with Q1 2024, it opened 5 new positions, sold out of 3, added to 29 and reduced 33. The biggest buy was Apple (AAPL, shares +79%) and the biggest sale Nvidia (NVDA, shares −55%).

Most Recent 13F
Q2 2025
Location
ATLANTA, GA
CIK
0000067698
Portfolio Value
$495.1M (Q2 2024)
SEC Filing
0000067698-24-000009 ↗ filed Aug 9, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $580.4M Q1 2024 Q2 2024: $495.1M $495.1M Q2 2024 Q3 2024: $492.3M Q3 2024 Q4 2024: $468.7M Q4 2024 Q1 2025: $431.0M Q1 2025 Q2 2025: $456.8M Q2 2025

Holdings 85 stocks · $495.1M
MSFT Microsoft Corp. 7.10% 78,660 $35.2M Reduce -22.1%
GOOGL Alphabet Inc. Class A 6.44% 175,040 $31.9M Reduce -22.8%
AMZN Amazon.com Inc. 5.40% 138,327 $26.7M Reduce -21.8%
AAPL Apple Inc. 4.85% 113,899 $24.0M Add +79.0%
NVDA Nvidia Corp. 4.59% 183,796 $22.7M Reduce -55.1%
ZTS Zoetis Inc. 4.34% 123,832 $21.5M Add +4.2%
INTU Intuit Inc. 3.96% 29,866 $19.6M Reduce -5.5%
V Visa Inc. Class A 3.51% 66,279 $17.4M Reduce -13.0%
EW Edwards Lifesciences Corp. 3.44% 184,550 $17.0M Reduce -20.3%
MNST Monster Beverage Corp. 3.19% 316,565 $15.8M Add +3.8%
SPGI S&P Global Inc. 3.16% 35,106 $15.7M Reduce -4.9%
TTWO Take-Two Interactive Softwre 3.14% 100,031 $15.6M Reduce -20.0%
SYK Stryker Corp. 3.06% 44,509 $15.1M Reduce -23.1%
ABT Abbott Laboratories 2.77% 131,753 $13.7M Reduce -22.0%
ICE Intercontinental Exchange Inc. 2.69% 97,246 $13.3M Reduce -22.2%
NFLX Netflix Inc. 2.63% 19,326 $13.0M Reduce -50.6%
ADBE Adobe Inc. 2.59% 23,078 $12.8M Reduce -21.0%
SCHW Schwab (charles) Corp. 2.34% 157,467 $11.6M Reduce -23.5%
IQV Iqvia Holdings Inc. 2.27% 53,243 $11.3M Reduce -20.4%
LOW Lowe's Cos Inc. 2.22% 49,884 $11.0M Add +22.5%
CMG Chipotle Mexican Grill Inc. 2.11% 166,430 $10.4M Reduce -51.4%
UBER Uber Technologies Inc. 1.91% 130,147 $9.5M New
TMO Thermo Fisher Scientific Inc. 1.87% 16,756 $9.3M Reduce -22.0%
NOW ServiceNow Inc. 1.85% 11,632 $9.2M New
UNH Unitedhealth Group Inc. 1.77% 17,217 $8.8M Reduce -21.3%
KO The Coca-Cola Co. 1.64% 127,503 $8.1M Reduce -11.2%
ACN Accenture PLC Class A 1.58% 25,808 $7.8M Add +72.9%
DLTR Dollar Tree Inc. 1.17% 54,132 $5.8M Reduce -25.8%
PANW Palo Alto Networks Inc. 1.11% 16,166 $5.5M Reduce -22.0%
SHW The Sherwin-Williams Co. 0.82% 13,596 $4.1M Reduce -23.5%
CHD Church & Dwight Co. Inc. 0.82% 38,960 $4.0M Reduce -69.7%
FIVE Five Below 0.71% 32,059 $3.5M Reduce -24.1%
NKE Nike Inc. Class B 0.59% 39,061 $2.9M Reduce -20.1%
SCHG Schwab US Large-Cap Growth 0.46% 22,583 $2.3M Add +10.3%
GVI iShares Intermediate Governm 0.37% 17,588 $1.8M Add +0.5%
GOOG Alphabet Inc. Class C 0.30% 8,124 $1.5M No change
PRMW Primo Water Corp. 0.29% 64,708 $1.4M Reduce -13.0%
ICLR Icon PLC 0.27% 4,269 $1.3M Add +0.2%
GMED Globus Medical Inc. Class A 0.27% 19,374 $1.3M Add +30.5%
PINS Pinterest Inc. Class A 0.27% 30,081 $1.3M Add +0.2%
CPRT Copart Inc. 0.26% 23,777 $1.3M Add +0.2%
RJF Raymond James Financial Inc. 0.26% 10,247 $1.3M Add +0.2%
ALC Alcon Inc. filed as ALCON AG 0.25% 14,082 $1.3M Add +0.2%
COST Costco Wholesale Corp. 0.25% 1,443 $1.2M No change
HD Home Depot Inc. 0.23% 3,283 $1.1M No change
TEL Te Connectivity Ltd. 0.22% 7,391 $1.1M Add +38.5%
WDAY Workday Inc. Class A 0.22% 4,840 $1.1M No change
TRU Transunion 0.21% 14,026 $1.0M Add +151.6%
AME Ametek Inc. 0.20% 6,026 $1.0M Add +0.2%
BR Broadridge Financial Solutio 0.20% 4,941 $973K Reduce -1.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.18% 8,274 $911K No change
EFA iShares MSCI Eafe ETF 0.18% 11,512 $902K Add +127.8%
RSP Invesco S&P 500 Equal Weight 0.18% 5,461 $897K Add +39.9%
WEX Wex Inc. 0.18% 5,051 $895K Add +0.2%
MRVL Marvell Technology Inc. 0.17% 11,825 $827K Add +0.2%
META Meta Platforms Inc. Class A 0.17% 1,635 $824K No change
SCHV Schwab US Large-Cap Value 0.17% 11,052 $819K Add +0.5%
VB Vanguard Most SM-Cap ETF-Usd 0.16% 3,668 $800K Add +0.6%
GPN Global Payments Inc. 0.15% 7,764 $751K Add +0.2%
EEFT Euronet Worldwide Inc. 0.15% 7,000 $725K Add +66.3%
CPAY Corpay Inc. 0.15% 2,719 $724K New
LLY Eli Lilly & Co. 0.14% 746 $675K No change
ABBV Abbvie Inc. 0.13% 3,635 $623K Reduce -2.3%
VEEV Veeva Systems Inc. Class A 0.13% 3,395 $621K Add +3.4%
PEP Pepsico Inc. 0.12% 3,699 $610K Reduce -2.9%
XLV SS Health Care Select Sector 0.12% 4,063 $592K Reduce -33.0%
TFC Truist Financial Corp. 0.11% 14,562 $566K No change
PG The Procter & Gamble Co. 0.11% 3,363 $555K No change
XOM Exxon Mobil Corp. 0.10% 4,493 $517K No change
QCOM Qualcomm Inc. 0.10% 2,542 $506K No change
ORCL Oracle Corp. 0.09% 3,239 $457K No change
EFG iShares MSCI Eafe Growth ETF 0.09% 4,392 $449K Add +0.9%
JNJ Johnson & Johnson 0.07% 2,459 $359K Reduce -3.5%
COR Cencora Inc. 0.07% 1,589 $358K No change
FLIN Franklin Ftse India ETF 0.07% 8,653 $345K Add +0.3%
MCD McDonald's Corp. 0.07% 1,315 $335K No change
MDLZ Mondelez International Inc. Class A 0.07% 4,963 $325K No change
SCHD Schwab US DVD Equity ETF 0.06% 4,114 $320K Add +0.7%
CSCO Cisco Systems Inc. 0.06% 6,321 $300K No change
EA Electronic Arts Inc. 0.05% 1,899 $265K No change
CL Colgate-Palmolive Co. 0.05% 2,548 $247K No change
XLI SS Industrial Select Sector 0.05% 1,972 $240K Add +0.9%
AVGO Broadcom Inc. 0.05% 149 $239K New
BLV Vanguard Long-Term Bond ETF 0.04% 3,019 $212K Reduce -55.0%
WMT Walmart Inc. 0.04% 3,000 $203K New

Portfolio Sells Q1 2024 → Q2 2024
NVDA Nvidia Corp. Reduce -55.1% 4.59% −1.78
CHD Church & Dwight Co. Inc. Reduce -69.7% 0.82% −1.49
NFLX Netflix Inc. Reduce -50.6% 2.63% −1.46
CMG Chipotle Mexican Grill Inc. Reduce -51.4% 2.11% −1.33
APD Air Products & Chemicals Inc. Sold out 0.00% −0.97
IQV Iqvia Holdings Inc. Reduce -20.4% 2.27% −0.64
FIVE Five Below Reduce -24.1% 0.71% −0.62
ABT Abbott Laboratories Reduce -22.0% 2.77% −0.54
SYK Stryker Corp. Reduce -23.1% 3.06% −0.51
DLTR Dollar Tree Inc. Reduce -25.8% 1.17% −0.51
EW Edwards Lifesciences Corp. Reduce -20.3% 3.44% −0.37
TMO Thermo Fisher Scientific Inc. Reduce -22.0% 1.87% −0.28
ICE Intercontinental Exchange Inc. Reduce -22.2% 2.69% −0.27
SHW The Sherwin-Williams Co. Reduce -23.5% 0.82% −0.24
MSFT Microsoft Corp. Reduce -22.1% 7.10% −0.22
SCHW Schwab (charles) Corp. Reduce -23.5% 2.34% −0.22
NKE Nike Inc. Class B Reduce -20.1% 0.59% −0.20
V Visa Inc. Class A Reduce -13.0% 3.51% −0.15
LH Laboratory CRP of Amer Hldgs Sold out 0.00% −0.10
AMZN Amazon.com Inc. Reduce -21.8% 5.40% −0.10
UNH Unitedhealth Group Inc. Reduce -21.3% 1.77% −0.09
APH Amphenol Corp. Class A Sold out 0.00% −0.07
TTWO Take-Two Interactive Softwre Reduce -20.0% 3.14% −0.06
BLV Vanguard Long-Term Bond ETF Reduce -55.0% 0.04% −0.04
XLV SS Health Care Select Sector Reduce -33.0% 0.12% −0.03
JNJ Johnson & Johnson Reduce -3.5% 0.07% +0.00
PEP Pepsico Inc. Reduce -2.9% 0.12% +0.01
ABBV Abbvie Inc. Reduce -2.3% 0.13% +0.01
BR Broadridge Financial Solutio Reduce -1.1% 0.20% +0.02
ADBE Adobe Inc. Reduce -21.0% 2.59% +0.05
PRMW Primo Water Corp. Reduce -13.0% 0.29% +0.05
PANW Palo Alto Networks Inc. Reduce -22.0% 1.11% +0.09
KO The Coca-Cola Co. Reduce -11.2% 1.64% +0.13
INTU Intuit Inc. Reduce -5.5% 3.96% +0.43
SPGI S&P Global Inc. Reduce -4.9% 3.16% +0.46
GOOGL Alphabet Inc. Class A Reduce -22.8% 6.44% +0.55

Portfolio Buys Q1 2024 → Q2 2024
AAPL Apple Inc. Add +79.0% 4.85% +2.97
UBER Uber Technologies Inc. New 1.91% +1.91
NOW ServiceNow Inc. New 1.85% +1.85
ZTS Zoetis Inc. Add +4.2% 4.34% +0.87
ACN Accenture PLC Class A Add +72.9% 1.58% +0.69
LOW Lowe's Cos Inc. Add +22.5% 2.22% +0.43
CPAY Corpay Inc. New 0.15% +0.15
TRU Transunion Add +151.6% 0.21% +0.13
SCHG Schwab US Large-Cap Growth Add +10.3% 0.46% +0.13
GMED Globus Medical Inc. Class A Add +30.5% 0.27% +0.13
EFA iShares MSCI Eafe ETF Add +127.8% 0.18% +0.11
TEL Te Connectivity Ltd. Add +38.5% 0.22% +0.09
PINS Pinterest Inc. Class A Add +0.2% 0.27% +0.09
MNST Monster Beverage Corp. Add +3.8% 3.19% +0.08
RSP Invesco S&P 500 Equal Weight Add +39.9% 0.18% +0.07
EEFT Euronet Worldwide Inc. Add +66.3% 0.15% +0.07
GVI iShares Intermediate Governm Add +0.5% 0.37% +0.05
ALC Alcon Inc. Add +0.2% 0.25% +0.05
AVGO Broadcom Inc. New 0.05% +0.05
WMT Walmart Inc. New 0.04% +0.04
RJF Raymond James Financial Inc. Add +0.2% 0.26% +0.03
ICLR Icon PLC Add +0.2% 0.27% +0.02
CPRT Copart Inc. Add +0.2% 0.26% +0.02
MRVL Marvell Technology Inc. Add +0.2% 0.17% +0.02
SCHV Schwab US Large-Cap Value Add +0.5% 0.17% +0.02
VB Vanguard Most SM-Cap ETF-Usd Add +0.6% 0.16% +0.02
FLIN Franklin Ftse India ETF Add +0.3% 0.07% +0.01
AME Ametek Inc. Add +0.2% 0.20% +0.01
EFG iShares MSCI Eafe Growth ETF Add +0.9% 0.09% +0.01
SCHD Schwab US DVD Equity ETF Add +0.7% 0.06% +0.01
XLI SS Industrial Select Sector Add +0.9% 0.05% +0.01
VEEV Veeva Systems Inc. Class A Add +3.4% 0.13% −0.01
WEX Wex Inc. Add +0.2% 0.18% −0.03
GPN Global Payments Inc. Add +0.2% 0.15% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2025 113$456.8MV, MSFT, INTU, GOOGL, AMZN
Q1 2025 131$431.0MAMZN, AAPL, V, TTWO, GOOGL
Q4 2024 137$468.7MGOOGL, AMZN, AAPL, MSFT, NVDA
Q3 2024 85$492.3MMSFT, GOOGL, AAPL, AMZN, ZTS
Q2 2024 85$495.1MMSFT, GOOGL, AMZN, AAPL, NVDA
Q1 2024 83$580.4MMSFT, NVDA, GOOGL, AMZN, NFLX