13F HOLDINGS REPORT
Callahan Advisors, LLC
Quarter ended Q4 2025 · Filed February 6, 2026 · Accession 0001140361-26-004098
Total Value
$1.22B
Positions
174
Other Managers
0
Confidential Omitted
No
Holdings (174)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Alphabet Inc Class C | GOOG | 263,165 | $82.6M | 6.79% |
| 2 | Meta Platforms Inc Class A | META | 101,641 | $67.1M | 5.51% |
| 3 | Microsoft Corp | MSFT | 124,699 | $60.3M | 4.96% |
| 4 | Amazon Com Inc | AMZN | 225,933 | $52.1M | 4.29% |
| 5 | Apple Computer Inc | AAPL | 141,312 | $38.4M | 3.16% |
| 6 | Brookfield Corp | 11271J107 | 703,895 | $32.3M | 2.65% |
| 7 | JPMorgan Chase & Co. | VYLD | 96,573 | $31.1M | 2.56% |
| 8 | Chubb Ltd F | CB | 97,378 | $30.4M | 2.50% |
| 9 | NVIDIA Corp | NVDA | 162,742 | $30.4M | 2.49% |
| 10 | Berkshire Hathaway Cl B | BRK-A | 59,264 | $29.8M | 2.45% |
| 11 | Caterpillar Inc | CAT | 50,869 | $29.1M | 2.40% |
| 12 | NextEra Energy, Inc | NEE-PW | 322,591 | $25.9M | 2.13% |
| 13 | Johnson & Johnson | JNJ | 120,569 | $25.0M | 2.05% |
| 14 | Booking Holdings Inc | BKNG | 4,626 | $24.8M | 2.04% |
| 15 | Eli Lilly & Company | LLY | 19,162 | $20.6M | 1.69% |
| 16 | EQT Corp | EQT | 357,933 | $19.2M | 1.58% |
| 17 | Mastercard Inc | MA | 33,529 | $19.1M | 1.57% |
| 18 | Applied Materials Inc | 038222105 | 73,955 | $19.0M | 1.56% |
| 19 | FedEx Corporation | FDX | 64,930 | $18.8M | 1.54% |
| 20 | McDonalds Corp | MCD | 61,366 | $18.8M | 1.54% |
| 21 | Pepsico Incorporated | PEP | 130,291 | $18.7M | 1.54% |
| 22 | Stryker Corp | SYK | 48,176 | $16.9M | 1.39% |
| 23 | Walmart Inc | WMT | 144,216 | $16.1M | 1.32% |
| 24 | Exxon Mobil Corp | XOM | 133,193 | $16.0M | 1.32% |
| 25 | United Healthcare Cor | UNH | 47,470 | $15.7M | 1.29% |
| 26 | Pfizer Incorporated | PFE | 627,718 | $15.6M | 1.28% |
| 27 | Procter & Gamble Co | 742718109 | 100,593 | $14.4M | 1.18% |
| 28 | Lowes Companies Inc | 548661107 | 59,307 | $14.3M | 1.18% |
| 29 | A S M L Holding Nv New | ASMLF | 13,209 | $14.1M | 1.16% |
| 30 | Chevron Corp | CVX | 84,653 | $12.9M | 1.06% |
| 31 | Steris Corp | STE | 46,164 | $11.7M | 0.96% |
| 32 | Fortinet Inc | FTNT | 135,496 | $10.8M | 0.88% |
| 33 | Abbott Laboratories | ABLZF | 83,798 | $10.5M | 0.86% |
| 34 | Taiwan Semiconductr Adrf | 874039100 | 33,498 | $10.2M | 0.84% |
| 35 | Dycom Industries Inc | 267475101 | 30,009 | $10.1M | 0.83% |
| 36 | Iqvia Holdings Inc | IQV | 43,139 | $9.7M | 0.80% |
| 37 | Salesforce Com | CRM | 36,637 | $9.7M | 0.80% |
| 38 | Corteva Inc | CTVA | 139,237 | $9.3M | 0.77% |
| 39 | Eagle Materials Inc | 26969P108 | 44,774 | $9.3M | 0.76% |
| 40 | United Rentals Inc | URI | 11,280 | $9.1M | 0.75% |
| 41 | Alphabet Inc Class A | GOOG | 28,811 | $9.0M | 0.74% |
| 42 | Paychex Inc | PAYX | 80,216 | $9.0M | 0.74% |
| 43 | Kinder Morgan Inc | EP-PC | 320,229 | $8.8M | 0.72% |
| 44 | Eaton Corporation | ETN | 26,208 | $8.3M | 0.69% |
| 45 | Welltower Inc | WELL | 44,585 | $8.3M | 0.68% |
| 46 | Adobe Systems Inc | ADBE | 21,529 | $7.5M | 0.62% |
| 47 | CVS Health Corporation | CVS | 90,913 | $7.2M | 0.59% |
| 48 | Cardinal Health Inc | CAH | 33,333 | $6.8M | 0.56% |
| 49 | Intuit Inc | INTU | 10,121 | $6.7M | 0.55% |
| 50 | American Express Company | AXP | 17,829 | $6.6M | 0.54% |
| 51 | Disney Walt Hldg Co | 254687106 | 52,599 | $6.0M | 0.49% |
| 52 | Enbridge Inc | ENNPF | 121,965 | $5.8M | 0.48% |
| 53 | Canadian Natl Ry Co | 136375102 | 58,422 | $5.8M | 0.47% |
| 54 | Willis Tower Watson P F | WTW | 17,270 | $5.7M | 0.47% |
| 55 | Accenture PLC CL A | ACN | 20,371 | $5.5M | 0.45% |
| 56 | Prologis Inc | PLDGP | 41,064 | $5.2M | 0.43% |
| 57 | Cisco Systems Inc | CSCO | 66,442 | $5.1M | 0.42% |
| 58 | Stellar Bancorp Inc | STEL | 162,234 | $5.0M | 0.41% |
| 59 | Primerica Inc | PRI | 18,297 | $4.7M | 0.39% |
| 60 | AT&T Inc | T-PC | 186,237 | $4.6M | 0.38% |
| 61 | Cintas Corp | CTAS | 23,924 | $4.5M | 0.37% |
| 62 | Netflix Inc | NFLX | 44,944 | $4.2M | 0.35% |
| 63 | Schlumberger Ltd | SLB | 100,791 | $3.9M | 0.32% |
| 64 | Verisk Analytics Inc | VRSK | 16,797 | $3.8M | 0.31% |
| 65 | Coca Cola Company | KO | 53,693 | $3.8M | 0.31% |
| 66 | Northern Trust Corp | NTRSO | 26,227 | $3.6M | 0.29% |
| 67 | Thomson Reuters Corp | TMSOF | 26,314 | $3.5M | 0.29% |
| 68 | MSCI Inc | MSCI | 5,990 | $3.4M | 0.28% |
| 69 | Cullen/Frost Bankers, Inc. | CFR-PB | 26,333 | $3.3M | 0.27% |
| 70 | Visa Inc Cl A | V | 9,240 | $3.2M | 0.27% |
| 71 | T J X Cos Inc | 872540109 | 20,869 | $3.2M | 0.26% |
| 72 | Clorox Company | CLX | 31,564 | $3.2M | 0.26% |
| 73 | Berkshire Hathaway Cl A | BRK-A | 4 | $3.0M | 0.25% |
| 74 | Service Now Inc | NOW | 19,442 | $3.0M | 0.24% |
| 75 | Home Depot Inc | HD | 8,485 | $2.9M | 0.24% |
| 76 | Workday Inc | WDAY | 13,346 | $2.9M | 0.24% |
| 77 | Lazard Inc | LAZ | 56,271 | $2.7M | 0.22% |
| 78 | RTX Corp | RTX | 14,875 | $2.7M | 0.22% |
| 79 | Skyward Specialty Ins Gr | 830940102 | 53,032 | $2.7M | 0.22% |
| 80 | Hershey Foods Corp | HSY | 14,155 | $2.6M | 0.21% |
| 81 | First Solar Inc | FSLR | 9,602 | $2.5M | 0.21% |
| 82 | GE Vernova Inc | GEV | 3,814 | $2.5M | 0.20% |
| 83 | Enterprise Prd Prtnrs Lp | 293792107 | 77,205 | $2.5M | 0.20% |
| 84 | Merck & Co Inc | MRK | 23,402 | $2.5M | 0.20% |
| 85 | Danaher Corp | 235851102 | 10,751 | $2.5M | 0.20% |
| 86 | General Dynamics Corp | GD | 7,147 | $2.4M | 0.20% |
| 87 | Lockheed Martin Corp | LMT | 4,958 | $2.4M | 0.20% |
| 88 | Mercadolibre Inc | MELI | 1,165 | $2.3M | 0.19% |
| 89 | E O G Resources Inc | EOG | 22,251 | $2.3M | 0.19% |
| 90 | Kenvue Inc | KVUE | 134,405 | $2.3M | 0.19% |
| 91 | SPDR S&P 500 ETF | SPY | 3,250 | $2.2M | 0.18% |
| 92 | Bhp Billiton Ltd Adr | BHPLF | 36,168 | $2.2M | 0.18% |
| 93 | Unilever Plc Adr New | UNLYF | 32,651 | $2.1M | 0.18% |
| 94 | Philip Morris Intl Inc | 718172109 | 12,981 | $2.1M | 0.17% |
| 95 | Schwab US Broad Market ETF | 808524102 | 77,229 | $2.0M | 0.17% |
| 96 | Ishares Floating Rate ETF | 46429B655 | 38,626 | $2.0M | 0.16% |
| 97 | Fiserv Inc | FISV | 28,668 | $1.9M | 0.16% |
| 98 | Brown Forman Corp Cl B | BF-B | 71,249 | $1.9M | 0.15% |
| 99 | Blackrock Municipal Inco | BLK | 179,326 | $1.8M | 0.15% |
| 100 | Xylem Inc | XYL | 12,641 | $1.7M | 0.14% |
| 101 | Restaurant Brands | 76131D103 | 25,030 | $1.7M | 0.14% |
| 102 | Dominion Res Inc Va New | D | 28,275 | $1.7M | 0.14% |
| 103 | Firstenergy Corp | FE | 32,600 | $1.5M | 0.12% |
| 104 | Nike Inc Class B | NKE | 20,145 | $1.3M | 0.11% |
| 105 | AbbVie Inc | ABBV | 5,538 | $1.3M | 0.10% |
| 106 | Union Pacific Corp | UNP | 5,342 | $1.2M | 0.10% |
| 107 | Broadcom Inc | AVGO | 3,529 | $1.2M | 0.10% |
| 108 | Intl Business Machines | INTR | 4,109 | $1.2M | 0.10% |
| 109 | Waste Management Inc Del | 94106L109 | 5,502 | $1.2M | 0.10% |
| 110 | Diageo Plc New Adr | DGEAF | 13,850 | $1.2M | 0.10% |
| 111 | Davita Inc | DVA | 9,592 | $1.1M | 0.09% |
| 112 | Main Street Capital Corp | 56035L104 | 17,890 | $1.1M | 0.09% |
| 113 | Paycom Software Inc | PAYC | 6,500 | $1.0M | 0.09% |
| 114 | D R Horton Co | 23331A109 | 7,067 | $1.0M | 0.08% |
| 115 | Blackrock Municipal Inco | BLK | 95,038 | $992,194 | 0.08% |
| 116 | FRIEDMAN INDS INC COM | 358435105 | 44,772 | $917,378 | 0.08% |
| 117 | Regions Financial Cp New | RF-PF | 33,500 | $907,850 | 0.07% |
| 118 | Crescent Energy Co A | CRGY | 106,179 | $890,842 | 0.07% |
| 119 | Brookfield Infra Ptnrs | G16252101 | 25,376 | $881,560 | 0.07% |
| 120 | GE Aerospace | 369604301 | 2,850 | $877,788 | 0.07% |
| 121 | Vistra Energy Corp | VST | 5,190 | $837,296 | 0.07% |
| 122 | ONEOK Inc | OKE | 11,029 | $810,614 | 0.07% |
| 123 | ConocoPhillips | COP | 8,271 | $774,222 | 0.06% |
| 124 | Diamondback Energy | FANG | 4,983 | $749,022 | 0.06% |
| 125 | 1st Finl Banksh | 32020R109 | 24,870 | $742,867 | 0.06% |
| 126 | Dollar Tree Inc | DLTR | 5,965 | $733,755 | 0.06% |
| 127 | Linde Plc | LIN | 1,695 | $722,731 | 0.06% |
| 128 | Regeneron Pharms Inc | REGN | 924 | $713,257 | 0.06% |
| 129 | Bristol-Myers Squibb Co | CELG-RI | 12,487 | $673,533 | 0.06% |
| 130 | Costco Whsl Corp New | 22160K105 | 758 | $653,874 | 0.05% |
| 131 | Altria Group Inc. | MO | 11,328 | $653,174 | 0.05% |
| 132 | Bank Of Nova Scotia | 064149107 | 8,835 | $651,051 | 0.05% |
| 133 | Intl Bancshares Corp | INTR | 9,257 | $615,035 | 0.05% |
| 134 | Blackrock Munivest II Cf | BLK | 56,714 | $613,083 | 0.05% |
| 135 | Lam Research Corp | LRCX | 3,068 | $525,120 | 0.04% |
| 136 | Tesla Motors Inc | TSLA | 1,092 | $491,094 | 0.04% |
| 137 | Intuitive Surgical New | ISRG | 862 | $488,202 | 0.04% |
| 138 | Vanguard S&P 500 ETF | 922908363 | 752 | $471,375 | 0.04% |
| 139 | Blackrock Investment Qlt | BLK | 40,709 | $455,943 | 0.04% |
| 140 | Nuveen Muni Value Fund | NU | 46,356 | $419,987 | 0.03% |
| 141 | Oracle Corporation | ORCL-PD | 2,124 | $414,058 | 0.03% |
| 142 | Plains All Amern Ppln Lp | 726503105 | 21,774 | $391,058 | 0.03% |
| 143 | Gilead Sciences Inc | GILD | 3,152 | $386,838 | 0.03% |
| 144 | Ies Hldgs Inc | IESC | 900 | $350,118 | 0.03% |
| 145 | Vanguard Telecom ETF | 92204A884 | 1,750 | $338,853 | 0.03% |
| 146 | Solaris Energy Infrastructure Inc A | SEI | 7,000 | $321,790 | 0.03% |
| 147 | Texas Instruments Inc | 882508104 | 1,793 | $311,132 | 0.03% |
| 148 | Permian Resources Corp | PR | 22,093 | $309,964 | 0.03% |
| 149 | Vanguard Health Care ETF | 92204A504 | 1,061 | $305,409 | 0.03% |
| 150 | Phillips 66 | PSX | 2,296 | $296,276 | 0.02% |
| 151 | SouthState Bank Corp | 84472E102 | 3,000 | $282,330 | 0.02% |
| 152 | Cadence Bancorporati | 12740C103 | 6,540 | $280,174 | 0.02% |
| 153 | Plains Gp Hldgs L P | PAGP | 14,600 | $279,444 | 0.02% |
| 154 | Realty Income Corp | O | 4,925 | $277,622 | 0.02% |
| 155 | Spdr Gold TRUST | GLD | 695 | $275,435 | 0.02% |
| 156 | Micron Technology Inc | MU | 960 | $273,994 | 0.02% |
| 157 | 3M Co | MMM | 1,676 | $268,287 | 0.02% |
| 158 | Entegris Inc | ENTG | 3,160 | $266,259 | 0.02% |
| 159 | Blackstone Inc | BX | 1,635 | $251,967 | 0.02% |
| 160 | Vanguard Total Stock Mkt | 922908769 | 743 | $249,231 | 0.02% |
| 161 | Marvell Tech Group | MRVL | 2,911 | $247,377 | 0.02% |
| 162 | Constellation Brand | STZ | 1,789 | $246,770 | 0.02% |
| 163 | Vanguard Corp Bond ETF | 92206C870 | 2,920 | $244,572 | 0.02% |
| 164 | The Southern Company | SOMN | 2,700 | $235,440 | 0.02% |
| 165 | TC Energy Corp | TRPRF | 4,200 | $231,042 | 0.02% |
| 166 | Vanguard Info Technology ETF | 92204A702 | 304 | $229,172 | 0.02% |
| 167 | Devon Energy Corp New | 25179M103 | 5,873 | $215,139 | 0.02% |
| 168 | Targa Resources Corp | TRGP | 1,133 | $209,039 | 0.02% |
| 169 | Comstock Res Inc | LODE | 9,000 | $208,620 | 0.02% |
| 170 | Ares Capital Corp | ARCC | 10,200 | $206,355 | 0.02% |
| 171 | Starbucks Corp | SBUX | 2,393 | $201,477 | 0.02% |
| 172 | Stabilis Solutions Inc | SLNG | 28,182 | $128,228 | 0.01% |
| 173 | Kolibri Global Energy | KGEI | 11,000 | $43,230 | 0.00% |
| 174 | Ring Energy Inc | REI | 43,061 | $37,463 | 0.00% |