13F HOLDINGS REPORT
Callahan Advisors, LLC
Quarter ended Q3 2025 · Filed October 31, 2025 · Accession 0001140361-25-039992
Total Value
$1.18B
Positions
168
Other Managers
0
Confidential Omitted
No
Holdings (168)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Meta Platforms Inc Class A | META | 101,876 | $74.8M | 6.35% |
| 2 | Alphabet Inc Class C | GOOG | 274,314 | $66.8M | 5.67% |
| 3 | Microsoft Corp | MSFT | 124,703 | $64.6M | 5.49% |
| 4 | Amazon Com Inc | AMZN | 224,006 | $49.2M | 4.18% |
| 5 | Apple Computer Inc | AAPL | 146,065 | $37.2M | 3.16% |
| 6 | Brookfield Corp | 11271J107 | 476,156 | $32.7M | 2.77% |
| 7 | JPMorgan Chase & Co. | VYLD | 97,813 | $30.9M | 2.62% |
| 8 | Berkshire Hathaway Cl B | BRK-A | 58,900 | $29.6M | 2.51% |
| 9 | NVIDIA Corp | NVDA | 157,306 | $29.4M | 2.49% |
| 10 | Chubb Ltd F | CB | 95,597 | $27.0M | 2.29% |
| 11 | Caterpillar Inc | CAT | 54,385 | $25.9M | 2.20% |
| 12 | NextEra Energy, Inc | NEE-PW | 325,925 | $24.6M | 2.09% |
| 13 | Booking Holdings Inc | BKNG | 4,540 | $24.5M | 2.08% |
| 14 | Johnson & Johnson | JNJ | 123,728 | $22.9M | 1.95% |
| 15 | Pepsico Incorporated | PEP | 137,913 | $19.4M | 1.65% |
| 16 | EQT Corp | EQT | 346,981 | $18.9M | 1.60% |
| 17 | Pfizer Incorporated | PFE | 713,797 | $18.2M | 1.54% |
| 18 | Stryker Corp | SYK | 48,895 | $18.1M | 1.54% |
| 19 | Mastercard Inc | MA | 30,977 | $17.6M | 1.50% |
| 20 | McDonalds Corp | MCD | 57,959 | $17.6M | 1.50% |
| 21 | United Healthcare Cor | UNH | 49,672 | $17.2M | 1.46% |
| 22 | Procter & Gamble Co | 742718109 | 106,840 | $16.4M | 1.39% |
| 23 | FedEx Corporation | FDX | 66,142 | $15.6M | 1.32% |
| 24 | Walmart Inc | WMT | 150,514 | $15.5M | 1.32% |
| 25 | Applied Materials Inc | 038222105 | 75,555 | $15.5M | 1.31% |
| 26 | Exxon Mobil Corp | XOM | 136,230 | $15.4M | 1.30% |
| 27 | Lowes Companies Inc | 548661107 | 60,090 | $15.1M | 1.28% |
| 28 | Eli Lilly & Company | LLY | 18,694 | $14.3M | 1.21% |
| 29 | Chevron Corp | CVX | 86,715 | $13.5M | 1.14% |
| 30 | A S M L Holding Nv New | ASMLF | 12,881 | $12.5M | 1.06% |
| 31 | Steris Corp | STE | 48,804 | $12.1M | 1.03% |
| 32 | Fortinet Inc | FTNT | 137,796 | $11.6M | 0.98% |
| 33 | Abbott Laboratories | ABLZF | 85,033 | $11.4M | 0.97% |
| 34 | United Rentals Inc | URI | 11,296 | $10.8M | 0.92% |
| 35 | Eagle Materials Inc | 26969P108 | 45,208 | $10.5M | 0.89% |
| 36 | Corteva Inc | CTVA | 149,539 | $10.1M | 0.86% |
| 37 | Adobe Systems Inc | ADBE | 27,669 | $9.8M | 0.83% |
| 38 | Eaton Corporation | ETN | 26,017 | $9.7M | 0.83% |
| 39 | Salesforce Com | CRM | 40,419 | $9.6M | 0.81% |
| 40 | Kinder Morgan Inc | EP-PC | 337,099 | $9.5M | 0.81% |
| 41 | Dycom Industries Inc | 267475101 | 32,571 | $9.5M | 0.81% |
| 42 | Paychex Inc | PAYX | 73,882 | $9.4M | 0.80% |
| 43 | Taiwan Semiconductr Adrf | 874039100 | 31,595 | $8.8M | 0.75% |
| 44 | Iqvia Holdings Inc | IQV | 45,113 | $8.6M | 0.73% |
| 45 | Welltower Inc | WELL | 45,797 | $8.2M | 0.69% |
| 46 | Canadian Natl Ry Co | 136375102 | 78,010 | $7.4M | 0.62% |
| 47 | Alphabet Inc Class A | GOOG | 29,494 | $7.2M | 0.61% |
| 48 | AT&T Inc | T-PC | 245,211 | $6.9M | 0.59% |
| 49 | Cardinal Health Inc | CAH | 43,350 | $6.8M | 0.58% |
| 50 | Cintas Corp | CTAS | 32,902 | $6.8M | 0.57% |
| 51 | CVS Health Corporation | CVS | 88,808 | $6.7M | 0.57% |
| 52 | Disney Walt Hldg Co | 254687106 | 53,787 | $6.2M | 0.52% |
| 53 | Willis Tower Watson P F | WTW | 17,690 | $6.1M | 0.52% |
| 54 | Enbridge Inc | ENNPF | 120,065 | $6.1M | 0.51% |
| 55 | American Express Company | AXP | 17,828 | $5.9M | 0.50% |
| 56 | Verisk Analytics Inc | VRSK | 20,494 | $5.2M | 0.44% |
| 57 | Accenture PLC CL A | ACN | 20,872 | $5.1M | 0.44% |
| 58 | Stellar Bancorp Inc | STEL | 162,733 | $4.9M | 0.42% |
| 59 | Prologis Inc | PLDGP | 40,978 | $4.7M | 0.40% |
| 60 | Cisco Systems Inc | CSCO | 66,921 | $4.6M | 0.39% |
| 61 | Workday Inc | WDAY | 17,070 | $4.1M | 0.35% |
| 62 | Thomson Reuters Corp | TMSOF | 26,314 | $4.1M | 0.35% |
| 63 | Schlumberger Ltd | SLB | 115,783 | $4.0M | 0.34% |
| 64 | Paycom Software Inc | PAYC | 18,540 | $3.9M | 0.33% |
| 65 | Service Now Inc | NOW | 3,900 | $3.6M | 0.30% |
| 66 | Northern Trust Corp | NTRSO | 26,553 | $3.6M | 0.30% |
| 67 | Coca Cola Company | KO | 53,840 | $3.6M | 0.30% |
| 68 | Home Depot Inc | HD | 8,468 | $3.4M | 0.29% |
| 69 | Cullen/Frost Bankers, Inc. | CFR-PB | 26,997 | $3.4M | 0.29% |
| 70 | Entegris Inc | ENTG | 34,398 | $3.2M | 0.27% |
| 71 | Visa Inc Cl A | V | 9,239 | $3.2M | 0.27% |
| 72 | Lazard Inc | LAZ | 58,684 | $3.1M | 0.26% |
| 73 | T J X Cos Inc | 872540109 | 21,425 | $3.1M | 0.26% |
| 74 | Berkshire Hathaway Cl A | BRK-A | 4 | $3.0M | 0.26% |
| 75 | Hershey Foods Corp | HSY | 15,814 | $3.0M | 0.25% |
| 76 | Zoetis Inc | ZTS | 18,704 | $2.7M | 0.23% |
| 77 | E O G Resources Inc | EOG | 24,166 | $2.7M | 0.23% |
| 78 | Skyward Specialty Ins Gr | 830940102 | 53,032 | $2.5M | 0.21% |
| 79 | RTX Corp | RTX | 14,875 | $2.5M | 0.21% |
| 80 | General Dynamics Corp | GD | 7,147 | $2.4M | 0.21% |
| 81 | Enterprise Prd Prtnrs Lp | 293792107 | 77,048 | $2.4M | 0.20% |
| 82 | Lockheed Martin Corp | LMT | 4,709 | $2.4M | 0.20% |
| 83 | Bhp Billiton Ltd Adr | BHPLF | 41,860 | $2.3M | 0.20% |
| 84 | Danaher Corp | 235851102 | 11,746 | $2.3M | 0.20% |
| 85 | Unilever Plc Adr New | UNLYF | 37,600 | $2.2M | 0.19% |
| 86 | SPDR S&P 500 ETF | SPY | 3,290 | $2.2M | 0.19% |
| 87 | D R Horton Co | 23331A109 | 12,501 | $2.1M | 0.18% |
| 88 | Philip Morris Intl Inc | 718172109 | 12,905 | $2.1M | 0.18% |
| 89 | Schwab US Broad Market ETF | 808524102 | 78,338 | $2.0M | 0.17% |
| 90 | Merck & Co Inc | MRK | 23,917 | $2.0M | 0.17% |
| 91 | Ishares Floating Rate ETF | 46429B655 | 38,620 | $2.0M | 0.17% |
| 92 | Brown Forman Corp Cl B | BF-B | 71,649 | $1.9M | 0.16% |
| 93 | Diageo Plc New Adr | DGEAF | 19,143 | $1.8M | 0.16% |
| 94 | Blackrock Municipal Inco | BLK | 179,326 | $1.8M | 0.15% |
| 95 | Nike Inc Class B | NKE | 24,528 | $1.7M | 0.15% |
| 96 | Restaurant Brands | 76131D103 | 25,030 | $1.6M | 0.14% |
| 97 | Firstenergy Corp | FE | 32,600 | $1.5M | 0.13% |
| 98 | AbbVie Inc | ABBV | 5,909 | $1.4M | 0.12% |
| 99 | Global Payments Inc | 37940X102 | 16,152 | $1.3M | 0.11% |
| 100 | Kenvue Inc | KVUE | 80,523 | $1.3M | 0.11% |
| 101 | Union Pacific Corp | UNP | 5,316 | $1.3M | 0.11% |
| 102 | Intl Business Machines | INTR | 4,359 | $1.2M | 0.10% |
| 103 | Waste Management Inc Del | 94106L109 | 5,488 | $1.2M | 0.10% |
| 104 | Broadcom Inc | AVGO | 3,518 | $1.2M | 0.10% |
| 105 | Main Street Capital Corp | 56035L104 | 17,946 | $1.1M | 0.10% |
| 106 | Fiserv Inc | FISV | 8,829 | $1.1M | 0.10% |
| 107 | Blackrock Municipal Inco | BLK | 94,642 | $989,013 | 0.08% |
| 108 | FRIEDMAN INDS INC COM | 358435105 | 43,622 | $955,104 | 0.08% |
| 109 | Starbucks Corp | SBUX | 11,135 | $942,057 | 0.08% |
| 110 | Regions Financial Cp New | RF-PF | 33,700 | $888,669 | 0.08% |
| 111 | 1st Finl Banksh | 32020R109 | 24,870 | $836,876 | 0.07% |
| 112 | Brookfield Infra Ptnrs | G16252101 | 25,376 | $834,615 | 0.07% |
| 113 | ONEOK Inc | OKE | 11,028 | $804,692 | 0.07% |
| 114 | ConocoPhillips | COP | 8,417 | $796,183 | 0.07% |
| 115 | Oracle Corporation | ORCL-PD | 2,763 | $777,202 | 0.07% |
| 116 | Altria Group Inc. | MO | 11,263 | $744,066 | 0.06% |
| 117 | Diamondback Energy | FANG | 5,081 | $727,046 | 0.06% |
| 118 | Costco Whsl Corp New | 22160K105 | 770 | $712,968 | 0.06% |
| 119 | Crescent Energy Co A | CRGY | 72,405 | $645,848 | 0.05% |
| 120 | Blackrock Munivest II Cf | BLK | 56,714 | $602,874 | 0.05% |
| 121 | Dollar Tree Inc | DLTR | 5,615 | $529,888 | 0.05% |
| 122 | Netflix Inc | NFLX | 438 | $525,277 | 0.04% |
| 123 | Regeneron Pharms Inc | REGN | 931 | $523,520 | 0.04% |
| 124 | Bank Of Nova Scotia | 064149107 | 7,785 | $503,300 | 0.04% |
| 125 | Bristol-Myers Squibb Co | CELG-RI | 11,080 | $499,699 | 0.04% |
| 126 | Intl Bancshares Corp | INTR | 6,985 | $480,219 | 0.04% |
| 127 | Tesla Motors Inc | TSLA | 1,042 | $463,398 | 0.04% |
| 128 | Blackrock Investment Qlt | BLK | 40,709 | $461,643 | 0.04% |
| 129 | Vanguard S&P 500 ETF | 922908363 | 750 | $459,150 | 0.04% |
| 130 | Nuveen Muni Value Fund | NU | 46,356 | $416,279 | 0.04% |
| 131 | Ies Hldgs Inc | IESC | 1,000 | $397,650 | 0.03% |
| 132 | Lam Research Corp | LRCX | 2,955 | $395,634 | 0.03% |
| 133 | Intuitive Surgical New | ISRG | 862 | $385,512 | 0.03% |
| 134 | Plains All Amern Ppln Lp | 726503105 | 21,753 | $371,106 | 0.03% |
| 135 | Invesco QQQ Trust ETF Unit | IVZ | 583 | $349,910 | 0.03% |
| 136 | Gilead Sciences Inc | GILD | 3,147 | $349,307 | 0.03% |
| 137 | Vanguard Telecom ETF | 92204A884 | 1,750 | $328,528 | 0.03% |
| 138 | Texas Instruments Inc | 882508104 | 1,788 | $328,475 | 0.03% |
| 139 | Phillips 66 | PSX | 2,296 | $312,302 | 0.03% |
| 140 | Emerson Electric Co | EMR | 2,350 | $308,273 | 0.03% |
| 141 | Realty Income Corp | O | 4,925 | $299,391 | 0.03% |
| 142 | SouthState Bank Corp | 84472E102 | 3,000 | $296,610 | 0.03% |
| 143 | Spdr Gold TRUST | GLD | 805 | $286,153 | 0.02% |
| 144 | 3M Co | MMM | 1,826 | $283,311 | 0.02% |
| 145 | Constellation Brand | STZ | 2,069 | $278,574 | 0.02% |
| 146 | Blackstone Inc | BX | 1,630 | $278,511 | 0.02% |
| 147 | Vanguard Health Care ETF | 92204A504 | 1,061 | $275,436 | 0.02% |
| 148 | Permian Resources Corp | PR | 21,089 | $269,933 | 0.02% |
| 149 | Ares Capital Corp | ARCC | 13,200 | $269,421 | 0.02% |
| 150 | Vanguard Corp Bond ETF | 92206C870 | 3,118 | $262,222 | 0.02% |
| 151 | The Southern Company | SOMN | 2,700 | $255,879 | 0.02% |
| 152 | Vanguard Total Stock Mkt | 922908769 | 765 | $251,053 | 0.02% |
| 153 | GE Vernova Inc | GEV | 408 | $250,879 | 0.02% |
| 154 | Cadence Bancorporati | 12740C103 | 6,540 | $245,512 | 0.02% |
| 155 | Brown & Brown Inc | BRO | 2,458 | $230,564 | 0.02% |
| 156 | TC Energy Corp | TRPRF | 4,200 | $228,522 | 0.02% |
| 157 | Vanguard Info Technology ETF | 92204A702 | 304 | $226,995 | 0.02% |
| 158 | Marvell Tech Group | MRVL | 2,700 | $226,989 | 0.02% |
| 159 | GE Aerospace | 369604301 | 736 | $221,296 | 0.02% |
| 160 | Vanguard Div Apprciation ETF | 921908844 | 1,011 | $218,262 | 0.02% |
| 161 | Crowdstrike Hldgs Inc | CRWD | 443 | $217,238 | 0.02% |
| 162 | Plains Gp Hldgs L P | PAGP | 11,600 | $211,584 | 0.02% |
| 163 | Verizon Communications | VZ | 4,800 | $210,960 | 0.02% |
| 164 | Devon Energy Corp New | 25179M103 | 5,923 | $207,654 | 0.02% |
| 165 | Canadian Pac Railway | CP | 2,770 | $206,337 | 0.02% |
| 166 | Alliance Resource Par Lp | ARLP | 8,000 | $202,280 | 0.02% |
| 167 | Stabilis Solutions Inc | SLNG | 28,182 | $122,874 | 0.01% |
| 168 | Ring Energy Inc | REI | 28,061 | $30,586 | 0.00% |