Q2 2026 13F · SEC CIK 1395055

Callahan Advisors, LLC

Wealth managerFiled 2026-08-03 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.3B
Reported positions: 181
Top holdings a year, 3 yrs: +18.4%
Assets under management: $1.3B

Callahan Advisors, LLC is a wealth manager that reported 181 positions worth $1.3B in its Q2 2026 13F, filed 2026-08-03. Its largest holdings were Alphabet Inc (GOOG, 6.3%), Meta Platforms Inc Class A (META, 4.4%), Amazon Com Inc Com (AMZN, 4.2%). A portfolio copying its top holdings returned 18.4% a year over the last 3 years, against 20.4% for the S&P 500.

Callahan Advisors, LLC holdings largest 50 of 181 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Callahan Advisors, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
GOOGAlphabet Inc	6.3%	5.9%	236,926	-4.2%	$83.7M
METAMeta Platforms Inc Class A	4.4%	4.9%	103,080	+1.2%	$58.1M
AMZNAmazon Com Inc Com	4.2%	4.1%	235,831	+0.9%	$56.2M
MSFTMicrosoft Corp	3.6%	3.9%	126,474	+0.2%	$47.2M
AMATApplied Matls Inc	3.3%	1.9%	61,228	-8.8%	$44.3M
CATCaterpillar Inc Com	3.2%	2.6%	39,578	-10.9%	$42.1M
AAPLApple Inc	3.1%	3.0%	141,395	+0.6%	$40.9M
NVDANvidia Corporation Com	2.7%	2.5%	178,501	+4.2%	$35.7M
CBChubb Limited Com	2.6%	2.7%	100,999	+1.6%	$34.4M
JPMJpmorgan Chase & Co	2.3%	2.3%	94,588	-0.9%	$31.0M
BRK-BBerkshire Hathaway Inc Del	2.3%	2.4%	61,073	+2.3%	$30.6M
BNBrookfield Corp	2.3%	2.4%	708,571	+0.4%	$30.2M
ASMLAsml Hldg NV	2.1%	1.5%	14,188	+5.0%	$28.2M
JNJJohnson & Johnson	2.0%	2.2%	106,466	-2.8%	$27.0M
LLYLilly Eli & Co	2.0%	1.5%	21,791	+8.1%	$26.1M
NEENextera Energy Inc Com	1.9%	2.3%	289,805	-4.3%	$25.4M
BKNGBooking Holdings Inc Com	1.9%	1.8%	139,751	+2589.6%	$24.9M
TSMTaiwan Semiconductor Manufac	1.8%	1.2%	49,233	+19.0%	$23.5M
MAMastercard Inc.	1.6%	1.6%	40,392	+6.6%	$20.7M
EQTEQT Corp	1.6%	2.0%	388,477	+3.9%	$20.7M
FTNTFortinet Inc	1.5%	0.9%	133,076	-1.9%	$20.4M
PEPPepsico Inc	1.5%	1.7%	147,922	+11.4%	$20.0M
MCDMcdonalds Corp Com	1.4%	1.7%	70,826	+10.3%	$19.1M
SYKStryker Corporation	1.4%	1.4%	59,630	+20.8%	$18.8M
FDXFedex Corp	1.4%	1.8%	59,560	-2.8%	$18.6M
XOMExxon Mobil Corp	1.3%	1.8%	123,869	-3.9%	$16.9M
UNHUnitedhealth Group Inc Com	1.2%	0.9%	37,538	-2.3%	$15.6M
WMTWalmart Inc	1.1%	1.4%	132,761	-1.9%	$15.0M
PGProcter & Gamble Co Com	1.1%	1.2%	100,890	+1.4%	$14.8M
DYDycom Industries Inc	1.1%	0.8%	28,125	-0.0%	$14.2M
CVXChevron Corp New	1.0%	1.4%	76,544	-2.4%	$12.7M
LOWLowes Cos Inc	0.9%	1.1%	56,490	-1.4%	$12.5M
URIUnited Rentals Inc Com	0.9%	0.7%	10,837	-1.3%	$12.3M
CVSCvs Caremark Corporation	0.9%	0.6%	110,374	+7.1%	$11.4M
PFEPfizer Inc	0.9%	1.3%	471,052	-16.3%	$11.3M
ETNEaton Corp PLC	0.8%	0.8%	25,775	-0.1%	$11.0M
NFLXNetflix Inc Total	0.8%	0.9%	151,451	+41.0%	$10.8M
PAYXPaychex Inc	0.8%	0.7%	109,062	+22.4%	$10.7M
DVADavita Inc	0.8%	—	45,098	—	$10.0M
STESteris Corp	0.7%	0.8%	46,657	+1.6%	$9.8M
KMIKinder Morgan Inc Del Com	0.7%	0.9%	300,963	-2.9%	$9.6M
WELLWelltower Inc	0.7%	0.7%	41,924	-1.0%	$9.5M
MSCIMSCI Inc	0.7%	0.7%	16,840	+15.9%	$9.4M
CTVACorteva Inc Com	0.7%	1.0%	104,955	-23.1%	$8.9M
PRIPrimerica Inc	0.7%	0.5%	31,048	+22.5%	$8.8M
GOOGLAlphabet Inc	0.6%	0.6%	24,092	-10.9%	$8.6M
GEVGe Vernova Inc	0.6%	—	6,699	—	$7.9M
EXPEagle Materials Inc	0.6%	0.5%	32,739	+0.6%	$7.4M
IQVIqvia Holdings Inc	0.6%	0.6%	37,917	-14.8%	$7.3M
CSCOCisco Sys Inc	0.5%	—	59,625	—	$7.0M

What Callahan Advisors, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

BKNG Booking Holdings Inc Com+2589.6% shares
NFLX Netflix Inc Total+41.0% shares
PRI Primerica Inc+22.5% shares
PAYX Paychex Inc+22.4% shares
SYK Stryker Corporation+20.8% shares
TSM Taiwan Semiconductor Manufac+19.0% shares
MSCI MSCI Inc+15.9% shares
PEP Pepsico Inc+11.4% shares

Reduced

CTVA Corteva Inc Com-23.1% shares
PFE Pfizer Inc-16.3% shares
IQV Iqvia Holdings Inc-14.8% shares
CAT Caterpillar Inc Com-10.9% shares
GOOGL Alphabet Inc-10.9% shares
AMAT Applied Matls Inc-8.8% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +15.3% /yr; S&P 500 +20.1%
3 years: +18.4% /yr; S&P 500 +20.4%
5 years: +10.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.3B	181
Q1 2026	$1.2B	177
Q4 2025	$1.2B	174
Q3 2025	$1.2B	168
Q2 2025	$1.1B	173
Q1 2025	$1.0B	162
Q4 2024	$1.1B	166
Q3 2024	$1.0B	144
Q2 2024	$961.8M	146
Q1 2024	$953.5M	144
Q4 2023	$862.0M	141
Q3 2023	$796.2M	140

Questions about Callahan Advisors, LLC's portfolio

What stocks does Callahan Advisors, LLC own?

Callahan Advisors, LLC's latest 13F, for Q2 2026 and filed Aug 3, 2026, lists 181 positions worth $1.3B. The largest are Alphabet Inc (GOOG) at 6.3%, Meta Platforms Inc Class A (META) at 4.4%, Amazon Com Inc Com (AMZN) at 4.2%, Microsoft Corp (MSFT) at 3.6% and Applied Matls Inc (AMAT) at 3.3%.

What did Callahan Advisors, LLC buy last quarter?

In Q2 2026, Callahan Advisors, LLC added Booking Holdings Inc Com (BKNG) (+2589.6% shares), Netflix Inc Total (NFLX) (+41.0% shares) and Primerica Inc (PRI) (+22.5% shares), compared with its Q1 2026 filing.

What did Callahan Advisors, LLC sell last quarter?

In Q2 2026, Callahan Advisors, LLC cut from its top 50 Abbott Laboratories (ABT), cut from its top 50 Enbridge Inc Com (ENB), cut from its top 50 Stellar Bancorp Inc (STEL), Corteva Inc Com (CTVA) (-23.1% shares), Pfizer Inc (PFE) (-16.3% shares) and Iqvia Holdings Inc (IQV) (-14.8% shares), compared with its Q1 2026 filing.

How has Callahan Advisors, LLC's portfolio performed?

A portfolio copying Callahan Advisors, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +15.3% against +20.1%. Over 5 years: +10.8% a year against +11.6%.

When is Callahan Advisors, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Callahan Advisors, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Callahan Advisors, LLC manage?

Callahan Advisors, LLC reported $1.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.3B.