Montag & Caldwell, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), Montag & Caldwell, LLC reported 113 stock positions worth $456.8 million. Its top holding was Visa Class A (V) at 4.3% of the portfolio, followed by Microsoft (MSFT, 4.3%) and Intuit (INTU, 4.2%). Compared with Q1 2025, it opened 4 new positions, sold out of 22, added to 16 and reduced 32. The biggest buy was a new position in Arista Networks (ANET) and the biggest sale Apple (AAPL, shares −41%).

Most Recent 13F
Q2 2025
Location
ATLANTA, GA
CIK
0000067698
Portfolio Value
$456.8M (Q2 2025)
SEC Filing
0001062993-25-014469 ↗ filed Aug 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $580.4M Q1 2024 Q2 2024: $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 $456.8M Q2 2025

Holdings 113 stocks · $456.8M
V Visa Inc. Class A 4.30% 55,278 $19.6M Reduce -2.6%
MSFT Microsoft Corp. 4.29% 39,374 $19.6M Reduce -2.9%
INTU Intuit Inc. 4.23% 24,546 $19.3M Reduce -3.0%
GOOGL Alphabet Inc. Class A 4.02% 104,263 $18.4M Reduce -2.7%
AMZN Amazon.com Inc. 3.81% 79,260 $17.4M Reduce -31.7%
NVDA Nvidia Corp. 3.63% 104,921 $16.6M Add +21.9%
PANW Palo Alto Networks Inc. 3.57% 79,659 $16.3M Add +75.4%
MNST Monster Beverage Corp. 3.48% 253,910 $15.9M Reduce -2.2%
SYK Stryker Corp. 3.45% 39,887 $15.8M Add +6.9%
ASML ASML Holding NV-NY Reg SHS 3.32% 18,926 $15.2M Reduce -2.0%
TTWO Take-Two Interactive Softwre 3.24% 60,895 $14.8M Reduce -29.2%
CMG Chipotle Mexican Grill Inc. 3.17% 257,636 $14.5M Reduce -2.8%
ABT Abbott Laboratories 3.16% 106,093 $14.4M Reduce -3.7%
ICE Intercontinental Exchange Inc. 3.12% 77,641 $14.2M Reduce -4.7%
UBER Uber Technologies Inc. 3.02% 147,625 $13.8M Add +0.3%
NFLX Netflix Inc. 3.01% 10,261 $13.7M Reduce -10.8%
LLY Eli Lilly & Co. 2.99% 17,546 $13.7M Add +36.9%
SCHW Schwab (charles) Corp. 2.99% 149,635 $13.7M Reduce -4.7%
NOW ServiceNow Inc. 2.88% 12,801 $13.2M Reduce -2.9%
SPGI S&P Global Inc. 2.75% 23,826 $12.6M Reduce -4.8%
AAPL Apple Inc. 2.58% 57,346 $11.8M Reduce -40.9%
ZTS Zoetis Inc. 2.53% 74,139 $11.6M Reduce -4.4%
LOW Lowe's Cos Inc. 2.40% 49,320 $10.9M Reduce -7.7%
ADBE Adobe Inc. 2.09% 24,659 $9.5M Reduce -2.8%
KO The Coca-Cola Co. 1.91% 123,503 $8.7M No change
ACN Accenture PLC Class A 1.80% 27,888 $8.2M Reduce -4.5%
ANET Arista Networks Inc. 1.79% 79,995 $8.2M New
JBHT Hunt (jb) Transprt SVCS Inc. 1.77% 56,407 $8.1M Add +39.6%
EW Edwards Lifesciences Corp. 1.55% 90,353 $7.1M Add +2.2%
WDAY Workday Inc. Class A 1.47% 28,053 $6.7M Reduce -7.1%
GVI iShares Intermediate Governm 0.69% 29,325 $3.1M Reduce -0.2%
SCHG Schwab US Large-Cap Growth 0.41% 64,024 $1.9M No change
PINS Pinterest Inc. Class A 0.35% 44,856 $1.6M Add +13.2%
VEEV Veeva Systems Inc. Class A 0.35% 5,555 $1.6M No change
RJF Raymond James Financial Inc. 0.35% 10,426 $1.6M Add +1.8%
GLW Corning Inc. 0.32% 27,808 $1.5M No change
COST Costco Wholesale Corp. 0.31% 1,443 $1.4M No change
IEFA iShares Core MSCI Eafe ETF 0.31% 17,030 $1.4M Reduce -0.0%
DASH DoorDash Inc. Class A 0.31% 5,711 $1.4M Add +65.0%
META Meta Platforms Inc. Class A 0.30% 1,838 $1.4M Add +14.0%
RSP Invesco S&P 500 Equal Weight 0.29% 7,315 $1.3M No change
ALC Alcon Inc. filed as ALCON AG 0.28% 14,611 $1.3M No change
PRMB Primo Brands Corp. 0.28% 43,076 $1.3M No change
CPAY Corpay Inc. 0.28% 3,838 $1.3M No change
TEL Te Connectivity PLC 0.27% 7,382 $1.2M No change
TRU Transunion 0.27% 14,008 $1.2M No change
HD Home Depot Inc. 0.26% 3,250 $1.2M No change
MRVL Marvell Technology Inc. 0.26% 15,252 $1.2M Add +49.7%
BR Broadridge Financial Solutio 0.25% 4,730 $1.1M No change
LH Labcorp Holdings Inc. 0.24% 4,179 $1.1M No change
AME Ametek Inc. 0.24% 6,037 $1.1M No change
CPRT Copart Inc. 0.23% 21,152 $1.0M Add +28.5%
SCHV Schwab US Large-Cap Value 0.23% 37,201 $1.0M Reduce -0.0%
EEFT Euronet Worldwide Inc. 0.22% 10,005 $1.0M No change
APTV Aptiv PLC 0.21% 13,986 $954K No change
GMED Globus Medical Inc. Class A 0.20% 15,480 $914K Add +70.1%
EFG iShares MSCI Eafe Growth ETF 0.19% 7,733 $866K Add +237.1%
CHD Church & Dwight Co. Inc. 0.19% 8,828 $848K No change
GOOG Alphabet Inc. Class C 0.17% 4,434 $787K No change
TEAM Atlassian Corp. Class A 0.17% 3,815 $775K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.17% 6,274 $775K No change
ORCL Oracle Corp. 0.15% 3,239 $708K No change
FSMD Fidelity Small-Mid Multifact 0.15% 16,819 $697K Add +0.0%
DGRO iShares Core Dividend Growth 0.15% 10,771 $689K New
XLI SS Industrial Select Sector 0.15% 4,606 $679K Reduce -0.0%
GPN Global Payments Inc. 0.14% 8,051 $644K No change
TFC Truist Financial Corp. 0.14% 14,562 $626K No change
ABBV Abbvie Inc. 0.13% 3,221 $598K No change
TER Teradyne Inc. 0.13% 6,391 $575K No change
AGGM iShares 1-10 Year U.S. Aggre 0.12% 5,237 $547K No change
PG The Procter & Gamble Co. 0.12% 3,363 $536K No change
XLV SS Health Care Select Sector 0.12% 3,973 $536K No change
XOM Exxon Mobil Corp. 0.11% 4,493 $484K No change
COR Cencora Inc. 0.10% 1,589 $476K No change
CSCO Cisco Systems Inc. 0.10% 6,321 $439K No change
FLIN Franklin Ftse India ETF 0.09% 10,609 $423K No change
AVGO Broadcom Inc. 0.09% 1,490 $411K No change
PEP Pepsico Inc. 0.09% 3,008 $397K No change
QCOM Qualcomm Inc. 0.09% 2,458 $391K Reduce -3.3%
MCD McDonald's Corp. 0.08% 1,315 $384K No change
MTBA Simplify MBS ETF 0.08% 7,611 $381K New
JNJ Johnson & Johnson 0.08% 2,419 $370K No change
MDLZ Mondelez International Inc. Class A 0.07% 4,668 $315K Reduce -5.9%
EA Electronic Arts Inc. 0.07% 1,899 $303K No change
APH Amphenol Corp. Class A 0.07% 3,134 $303K No change
WMT Walmart Inc. 0.06% 3,000 $293K No change
CL Colgate-Palmolive Co. 0.05% 2,548 $232K No change
NKE Nike Inc. Class B 0.04% 2,327 $175K No change
MA Mastercard Inc. Class A 0.03% 270 $152K No change
CVX Chevron Corp. 0.03% 1,000 $143K No change
SHW The Sherwin-Williams Co. 0.03% 364 $125K Reduce -50.5%
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.03% 6,900 $116K No change
UNH Unitedhealth Group Inc. 0.02% 364 $114K Reduce -97.5%
AMD Advanced Micro Devices 0.02% 750 $106K No change
JPM JPMorgan Chase & Co. 0.02% 300 $87K No change
MRK Merck & Co. Inc. 0.02% 1,052 $83K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 270 $80K No change
SHAK Shake Shack Inc. Class A 0.02% 525 $74K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 1,500 $71K No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.01% 617 $68K No change
TMO Thermo Fisher Scientific Inc. 0.01% 99 $58K Reduce -99.1%
PDBC Invesco Optimum Yield Divers 0.01% 3,256 $42K No change
HON Honeywell International Inc. 0.01% 178 $41K Reduce -44.9%
DUK Duke Energy Corp. 0.01% 330 $39K No change
ARCC Ares Capital Corp. 0.01% 1,500 $33K No change
BP BP PLC-Spons ADR 0.01% 1,058 $32K No change
APD Air Products & Chemicals Inc. 0.01% 117 $29K Reduce -21.5%
HSY The Hershey Co. 0.01% 150 $25K No change
BMY Bristol-Myers Squibb Co. 0.00% 300 $14K No change
SONY Sony Group Corp. - SP ADR 0.00% 500 $13K No change
WTRG Essential Utilities Inc. 0.00% 250 $9K No change
PFE Pfizer Inc. 0.00% 150 $4K No change
XEXGX Eaton Vance Tax-Managed Glob 0.00% 55 $481 No change

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -40.9% 2.58% −2.43
UNH Unitedhealth Group Inc. Reduce -97.5% 0.02% −1.73
AMZN Amazon.com Inc. Reduce -31.7% 3.81% −1.31
TMO Thermo Fisher Scientific Inc. Reduce -99.1% 0.01% −1.23
TTWO Take-Two Interactive Softwre Reduce -29.2% 3.24% −0.90
LOW Lowe's Cos Inc. Reduce -7.7% 2.40% −0.50
ZTS Zoetis Inc. Reduce -4.4% 2.53% −0.43
V Visa Inc. Class A Reduce -2.6% 4.30% −0.32
ACN Accenture PLC Class A Reduce -4.5% 1.80% −0.31
SCHD Schwab US DVD Equity ETF Sold out 0.00% −0.27
ABT Abbott Laboratories Reduce -3.7% 3.16% −0.23
SPGI S&P Global Inc. Reduce -4.8% 2.75% −0.20
ADBE Adobe Inc. Reduce -2.8% 2.09% −0.17
WDAY Workday Inc. Class A Reduce -7.1% 1.47% −0.16
ICE Intercontinental Exchange Inc. Reduce -4.7% 3.12% −0.14
SKX Skechers USA Inc. Class A Sold out 0.00% −0.14
MNST Monster Beverage Corp. Reduce -2.2% 3.48% −0.04
GVI iShares Intermediate Governm Reduce -0.2% 0.69% −0.04
SHW The Sherwin-Williams Co. Reduce -50.5% 0.03% −0.03
MDLZ Mondelez International Inc. Class A Reduce -5.9% 0.07% −0.01
HON Honeywell International Inc. Reduce -44.9% 0.01% −0.01
QCOM Qualcomm Inc. Reduce -3.3% 0.09% −0.00
SCHV Schwab US Large-Cap Value Reduce -0.0% 0.23% −0.00
AMP Ameriprise Financial Inc. Sold out 0.00% −0.00
APD Air Products & Chemicals Inc. Reduce -21.5% 0.01% −0.00
ROST Ross Stores Inc. Sold out 0.00% −0.00
CMI Cummins Inc. Sold out 0.00% −0.00
BLK BlackRock Inc. Sold out 0.00% −0.00
ADI Analog Devices Inc. Sold out 0.00% −0.00
DCI Donaldson Co. Inc. Sold out 0.00% −0.00
TRV The Travelers Cos Inc. Sold out 0.00% −0.00
UNP Union Pacific Corp. Sold out 0.00% −0.00
ITW Illinois Tool Works Sold out 0.00% −0.00
RTX RTX Corp. Sold out 0.00% −0.00
CSL Carlisle Cos Inc. Sold out 0.00% −0.00
BDX Becton Dickinson and Co. Sold out 0.00% −0.00
HRL Hormel Foods Corp. Sold out 0.00% −0.00
MDT Medtronic PLC Sold out 0.00% −0.00
TROW T Rowe Price Group Inc. Sold out 0.00% −0.00
IFF Intl Flavors & Fragrances Sold out 0.00% −0.00
ALB Albemarle Corp. Sold out 0.00% −0.00
PII Polaris Inc. Sold out 0.00% −0.00
VFC VF Corp. Sold out 0.00% −0.00
KTB Kontoor Brands Inc. Sold out 0.00% 0.00
XLI SS Industrial Select Sector Reduce -0.0% 0.15% +0.01
IEFA iShares Core MSCI Eafe ETF Reduce -0.0% 0.31% +0.01
CMG Chipotle Mexican Grill Inc. Reduce -2.8% 3.17% +0.08
SCHW Schwab (charles) Corp. Reduce -4.7% 2.99% +0.14
GOOGL Alphabet Inc. Class A Reduce -2.7% 4.02% +0.18
ASML ASML Holding NV-NY Reg SHS Reduce -2.0% 3.32% +0.35

Portfolio Buys Q1 2025 → Q2 2025
ANET Arista Networks Inc. New 1.79% +1.79
PANW Palo Alto Networks Inc. Add +75.4% 3.57% +1.77
NVDA Nvidia Corp. Add +21.9% 3.63% +1.46
LLY Eli Lilly & Co. Add +36.9% 2.99% +0.54
UBER Uber Technologies Inc. Add +0.3% 3.02% +0.53
JBHT Hunt (jb) Transprt SVCS Inc. Add +39.6% 1.77% +0.39
SYK Stryker Corp. Add +6.9% 3.45% +0.23
TEAM Atlassian Corp. Class A New 0.17% +0.17
DASH DoorDash Inc. Class A Add +65.0% 0.31% +0.16
DGRO iShares Core Dividend Growth New 0.15% +0.15
EFG iShares MSCI Eafe Growth ETF Add +237.1% 0.19% +0.14
MRVL Marvell Technology Inc. Add +49.7% 0.26% +0.11
MTBA Simplify MBS ETF New 0.08% +0.08
META Meta Platforms Inc. Class A Add +14.0% 0.30% +0.08
PINS Pinterest Inc. Class A Add +13.2% 0.35% +0.07
EW Edwards Lifesciences Corp. Add +2.2% 1.55% +0.06
GMED Globus Medical Inc. Class A Add +70.1% 0.20% +0.05
RJF Raymond James Financial Inc. Add +1.8% 0.35% +0.02
CPRT Copart Inc. Add +28.5% 0.23% +0.01
FSMD Fidelity Small-Mid Multifact Add +0.0% 0.15% −0.00

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