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Asset Manager ← All Institutions

Callahan Advisors, LLC

Q3 2025 · Filed 2025-10-31
Market Value
$1.2B
+5.9%
Holdings
173
-1
New Purchases
3
Added To
74
Closed
9
Reduced
64
Top 10 Concentration
37.7%
Turnover
6.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOG 5.70% 4.37% +1.33% $67M
AAPL 3.17% 2.78% +0.39% $37M
NVDA 2.50% 2.13% +0.37% $29M
CAT 2.21% 1.93% +0.28% $26M
JNJ 1.96% 1.70% +0.25% $23M
TSM 0.75% 0.52% +0.23% $9M
NEE 2.10% 1.88% +0.22% $25M
ASML 1.06% 0.86% +0.20% $12M
URI 0.92% 0.79% +0.13% $11M
IQV 0.73% 0.62% +0.11% $9M
KVUE 0.11% 0.00% +0.11% $1M
GOOGL 0.61% 0.50% +0.11% $7M
UNH 1.46% 1.36% +0.10% $17M
BN 2.78% 2.69% +0.10% $33M
PEP 1.65% 1.56% +0.10% $19M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
META 6.38% 6.83% -0.44% $75M
CNI 0.63% 1.00% -0.38% $7M
FTNT 0.99% 1.29% -0.30% $12M
BKNG 2.09% 2.33% -0.24% $25M
ACN 0.44% 0.66% -0.22% $5M
SYK 1.54% 1.76% -0.22% $18M
AMZN 4.19% 4.39% -0.19% $49M
PAYX 0.80% 0.98% -0.18% $9M
CB 2.30% 2.45% -0.15% $27M
CTVA 0.86% 1.01% -0.15% $10M
T 0.59% 0.73% -0.14% $7M
CAH 0.58% 0.72% -0.14% $7M
KMI 0.81% 0.96% -0.14% $10M
VRSK 0.44% 0.57% -0.13% $5M
PG 1.40% 1.53% -0.13% $16M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 50 $665M 56.8%
Large Cap 97 $468M 39.9%
Mid Cap 15 $27M 2.3%
Small Cap 6 $11M 0.9%
Micro Cap 5 $2M 0.2%

Portfolio Analytics

Avg Market Cap
$346.8B
Median Market Cap
$101.5B
Avg P/E
31.5
Median P/E
24.3
Avg Dividend Yield
0.02%
Avg Beta
0.85
# Stocks
158
# ETFs / Funds
15

Top Holdings (173 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 META 6.38% 101,876 $75M $734.38 -$736K -485 -0.5%
2 GOOG 5.70% 274,314 $67M $243.55 $18M +1,884 +0.7%
3 MSFT 5.51% 124,703 $65M $517.95 $3M +75 +0.1%
4 AMZN 4.19% 224,006 $49M $219.57 $614K +2,614 +1.2%
5 AAPL 3.17% 146,065 $37M $254.63 $6M -4,159 -2.8%
6 BN 2.78% 476,156 $33M $68.58 $3M -4,842 -1.0%
7 JPM 2.63% 97,813 $31M $315.43 $2M -1,199 -1.2%
8 BRK-B 2.53% 58,900 $30M $502.74 $1M +521 +0.9%
9 NVDA 2.50% 157,306 $29M $186.58 $6M +8,094 +5.4%
10 CB 2.30% 95,597 $27M $282.25 -$157K +1,921 +2.0%
11 CAT 2.21% 54,385 $26M $477.15 $5M -777 -1.4%
12 NEE 2.10% 325,925 $25M $75.49 $4M +25,977 +8.7%
13 BKNG 2.09% 4,540 $25M $5,399.34 -$1M +87 +1.9%
14 JNJ 1.96% 123,728 $23M $185.42 $4M +240 +0.2%
15 PEP 1.65% 137,913 $19M $140.44 $2M +7,399 +5.7%
16 EQT 1.61% 346,981 $19M $54.43 $588K +33,224 +10.6%
17 PFE 1.55% 713,797 $18M $25.48 $2M +43,454 +6.5%
18 SYK 1.54% 48,895 $18M $369.67 -$1M -284 -0.6%
19 MA 1.50% 30,977 $18M $568.80 $2M +2,469 +8.7%
20 MCD 1.50% 57,959 $18M $303.89 $641K -132 -0.2%
21 UNH 1.46% 49,672 $17M $345.30 $2M +1,459 +3.0%
22 PG 1.40% 106,840 $16M $153.65 -$487K +746 +0.7%
23 FDX 1.33% 66,142 $16M $235.81 $99K -2,039 -3.0%
24 WMT 1.32% 150,514 $16M $103.06 $303K -5,031 -3.2%
25 AMAT 1.32% 75,555 $15M $204.74 $1M -1,185 -1.5%
26 XOM 1.31% 136,230 $15M $112.75 $26K -6,011 -4.2%
27 LOW 1.29% 60,090 $15M $251.31 $2M -587 -1.0%
28 LLY 1.22% 18,694 $14M $763.00 $254K +722 +4.0%
29 CVX 1.15% 86,715 $13M $155.29 $793K -1,786 -2.0%
30 ASML 1.06% 12,881 $12M $968.09 $3M +977 +8.2%
31 STE 1.03% 48,804 $12M $247.44 $592K +998 +2.1%
32 FTNT 0.99% 137,796 $12M $84.08 -$3M +2,555 +1.9%
33 ABT 0.97% 85,033 $11M $133.94 -$67K +803 +0.9%
34 URI 0.92% 11,296 $11M $954.68 $2M -288 -2.5%
35 EXP 0.90% 45,208 $11M $233.04 $1M +367 +0.8%
36 CTVA 0.86% 149,539 $10M $67.63 -$1M -474 -0.3%
37 ADBE 0.83% 27,669 $10M $352.75 $777K +4,450 +19.2%
38 ETN 0.83% 26,017 $10M $374.25 $1M +2,349 +9.9%
39 CRM 0.82% 40,419 $10M $237.00 $555K +7,325 +22.1%
40 KMI 0.81% 337,099 $10M $28.31 -$1M -23,074 -6.4%
41 DY 0.81% 32,571 $10M $291.76 $983K -2,290 -6.6%
42 PAYX 0.80% 73,882 $9M $126.76 -$1M -536 -0.7%
43 TSM 0.75% 31,595 $9M $279.29 $3M +6,028 +23.6%
44 IQV 0.73% 45,113 $9M $189.94 $2M +1,638 +3.8%
45 WELL 0.70% 45,797 $8M $178.14 $1M +1,399 +3.1%
46 CNI 0.63% 78,010 $7M $94.30 -$4M -28,715 -26.9%
47 GOOGL 0.61% 29,494 $7M $243.10 $2M -2,023 -6.4%
48 T 0.59% 245,211 $7M $28.24 -$1M -35,727 -12.7%
49 CAH 0.58% 43,350 $7M $156.96 -$1M -4,321 -9.1%
50 CTAS 0.58% 32,902 $7M $205.26 -$649K -312 -0.9%
51 CVS 0.57% 88,808 $7M $75.39 $1M +12,158 +15.9%
52 DIS 0.53% 53,787 $6M $114.50 -$800K -2,325 -4.1%
53 WTW 0.52% 17,690 $6M $345.45 $815K +410 +2.4%
54 ENB 0.52% 120,065 $6M $50.46 $697K +1,755 +1.5%
55 AXP 0.51% 17,828 $6M $332.16 $235K +1 +0.0%
56 VRSK 0.44% 20,494 $5M $251.51 -$1M +127 +0.6%
57 ACN 0.44% 20,872 $5M $246.60 -$2M -3,599 -14.7%
58 STEL 0.42% 162,733 $5M $30.34 $384K +1
59 PLD 0.40% 40,978 $5M $114.52 $798K +3,922 +10.6%
60 CSCO 0.39% 66,921 $5M $68.42 -$81K -243 -0.4%
61 WDAY 0.35% 17,070 $4M $240.73 $89K +320 +1.9%
62 SLB 0.34% 115,783 $4M $34.37 -$260K -9,655 -7.7%
63 PAYC 0.33% 18,540 $4M $208.14 -$778K -1,500 -7.5%
64 NOW 0.31% 3,900 $4M $920.28 -$380K +39 +1.0%
65 NTRS 0.30% 26,553 $4M $134.60 $396K +1,488 +5.9%
66 KO 0.30% 53,840 $4M $66.32 -$236K +34 +0.1%
67 HD 0.29% 8,468 $3M $405.18 $338K +31 +0.4%
68 CFR 0.29% 26,997 $3M $126.77 $16K +493 +1.9%
69 ENTG 0.27% 34,398 $3M $92.46 $199K -2,564 -6.9%
70 V 0.27% 9,239 $3M $341.39 -$126K
71 LAZ 0.26% 58,684 $3M $52.78 $268K -276 -0.5%
72 TJX 0.26% 21,425 $3M $144.54 $534K +672 +3.2%
73 BRK-A 0.26% 4 $3M $754,200.00 $102K
74 HSY 0.25% 15,814 $3M $187.05 $327K -42 -0.3%
75 ZTS 0.23% 18,704 $3M $146.32 -$134K +296 +1.6%
76 EOG 0.23% 24,166 $3M $112.12 -$583K -3,362 -12.2%
77 SKWD 0.22% 53,032 $3M $47.56 -$543K
78 RTX 0.21% 14,875 $2M $167.33 $317K +1 +0.0%
79 GD 0.21% 7,147 $2M $341.00 $353K
80 EPD 0.21% 77,048 $2M $31.27 -$184K -6,572 -7.9%
81 LMT 0.20% 4,709 $2M $499.16 $175K +12 +0.3%
82 BHP 0.20% 41,860 $2M $55.75 $205K -2,413 -5.5%
83 DHR 0.20% 11,746 $2M $198.25 -$169K -900 -7.1%
84 UL 0.19% 37,600 $2M $59.28 -$71K
85 SPY 0.19% 3,290 $2M $666.16 $1M +1,585 +93.0%
86 DHI 0.18% 12,501 $2M $169.47 $563K +438 +3.6%
87 PM 0.18% 12,905 $2M $162.20 -$246K +61 +0.5%
88 SCHB 0.17% 78,338 $2M $25.71 $460K +13,135 +20.1%
89 MRK 0.17% 23,917 $2M $83.93 -$58K -2,173 -8.3%
90 FLOT 0.17% 38,620 $2M $51.08 $271K +5,270 +15.8%
91 BF-B 0.17% 71,649 $2M $27.08 -$391K -15,000 -17.3%
92 DEO 0.16% 19,143 $2M $95.43 -$8K +947 +5.2%
93 BFK 0.15% 179,326 $2M $10.05 $28K -5,722 -3.1%
94 NKE 0.15% 24,528 $2M $69.73 -$300K -3,772 -13.3%
95 QSR 0.14% 25,030 $2M $64.14 -$54K
96 FE 0.13% 32,600 $1M $45.82 $181K
97 ABBV 0.12% 5,909 $1M $231.55 $303K +172 +3.0%
98 GPN 0.11% 16,152 $1M $83.08 -$742K -9,887 -38.0%
99 KVUE 0.11% 80,523 $1M $16.23 +80,523 NEW
100 UNP 0.11% 5,316 $1M $236.37 $39K +26 +0.5%

New Positions

SymbolValue% Port
KVUE $1M 0.11%
PAGP $212K 0.02%
VZ $211K 0.02%

Sold Out Positions

SymbolValue% Port
AR —%
ICE —%
IIM —%
CRK —%
DOW —%
BAC —%
SSB —%
PANW —%
MKTX —%
View SEC EDGAR Filings for Callahan Advisors, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms