Callahan Advisors, LLC

CIK

1395055

Location

Houston, TX

Portfolio Value

Mid $1,116,810,492

Diversification

Diversified

Filing Date

Global Rank

#1,655 / 8,586 ▲ 44

Top Industry

Drug Manufacturers - General 6.0%

3Y Alpha vs SPY

-6.9%

Period ended 3 months ago

Filed May 12, 2026 · 35d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+49.8%

SPY

+78.1%

Annualised alpha

-6.8%

Max drawdown

−15.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

166 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.2%

−0.8 pts

Top 5

19.9%

−2.6 pts

Top 10

33.0%

−2.9 pts

HHI

195

Diversified−19

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	19.7%	$219,910,680	25
Financial Services	17.1%	$190,850,591	27
Healthcare	12.5%	$139,735,460	18
Consumer Cyclical	10.6%	$118,351,072	11
Industrials	10.3%	$115,158,571	19
Energy	8.7%	$97,012,269	26
Communication Services	7.7%	$86,435,038	6
Consumer Defensive	6.6%	$73,471,824	13
Utilities	3.1%	$34,482,916	6
Basic Materials	2.1%	$23,190,887	9
Real Estate	1.2%	$13,925,330	3
Unclassified	0.4%	$4,285,854	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NFLX	Netflix Inc	+62,488	107,432	$10,329,586
DVA	Davita Inc.	+25,547	35,139	$5,400,512
CLX	Clorox Co /De/	+25,228	56,792	$5,885,354
EQT	EQT Corp	+15,845	373,778	$23,787,231
D	Dominion Energy, Inc	+13,094	41,369	$2,557,431
CVS	CVS HEALTH Corp	+12,169	103,082	$7,403,349
PAYX	Paychex Inc	+8,875	89,091	$8,207,062
NVDA	Nvidia Corp	+8,543	171,285	$29,872,104
MSCI	MSCI Inc.	+8,540	14,530	$7,831,815
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+7,879	41,377	$13,983,357
AMZN	Amazon Com Inc	+7,830	233,763	$48,685,820
PRI	Primerica, Inc.	+7,043	25,340	$6,347,163
FRD	Friedman Industries Inc	+5,758	50,530	$895,391
GE	General Electric Co	+5,620	8,470	$2,403,531
FSLR	First Solar, Inc.	+4,491	14,093	$2,779,985
MA	Mastercard Inc	+4,349	37,878	$18,926,121
FISV	Fiserv Inc	+4,170	32,838	$1,832,360
INTU	Intuit Inc.	+3,529	13,650	$5,901,987
MCD	Mcdonalds Corp	+2,849	64,215	$19,957,379
WTW	Willis Towers Watson PLC	+2,658	19,928	$5,793,069
PEP	Pepsico Inc	+2,435	132,726	$20,611,020
CB	Chubb Ltd	+1,987	99,365	$32,386,034
VRSK	Verisk Analytics, Inc.	+1,973	18,770	$3,561,607
XYL	Xylem Inc.	+1,942	14,583	$1,742,668
GEV	GE Vernova Inc.	+1,854	5,668	$4,947,597
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	−65,185	562,533	$15,795,926
CRGY	Crescent Energy Co	−31,178	75,001	$1,012,513
T	At&T Inc.	−25,628	160,609	$4,656,054
NEE	Nextera Energy Inc	−19,631	302,960	$28,138,924
CRM	Salesforce, Inc.	−13,624	23,013	$4,295,836
EXP	Eagle Materials Inc	−12,227	32,547	$6,166,029
JNJ	Johnson & Johnson	−11,085	109,484	$26,762,268
DEO	Diageo PLC	−10,695	3,155	$234,889
KMI	Kinder Morgan, Inc.	−10,216	310,013	$10,394,735
WDAY	Workday, Inc.	−9,910	3,436	$446,405
ENB	Enbridge Inc	−9,420	112,545	$6,093,186
UNH	Unitedhealth Group Inc	−9,038	38,432	$10,399,314
ADBE	Adobe Inc.	−9,036	12,493	$3,036,798
ABT	Abbott Laboratories	−8,896	74,902	$7,690,188
WMT	Walmart Inc.	−8,858	135,358	$16,822,292
NOW	ServiceNow, Inc.	−6,920	12,522	$1,309,175
AMAT	Applied Materials Inc /De	−6,840	67,115	$22,939,235
CTAS	Cintas Corp	−6,497	17,427	$2,947,602
CAT	Caterpillar Inc	−6,429	44,440	$31,483,962
CVX	Chevron Corp	−6,217	78,436	$16,228,408
CAH	Cardinal Health Inc	−6,216	27,117	$5,730,093
XOM	Exxon Mobil Corp	−4,301	128,892	$21,867,816
EOG	Eog Resources Inc	−3,940	18,311	$2,647,221
FDX	Fedex Corp	−3,644	61,286	$21,828,847
IBOC	International Bancshares Corp	−3,207	6,050	$407,104
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
MHD	Blackrock Muniholdings Fund, Inc.	236,644	$2,669,344
ADP	Automatic Data Processing Inc	11,400	$2,316,252
UL	Unilever PLC	32,651	$1,860,127
MYI	Blackrock Muniyield Quality Fund III, Inc.	55,692	$585,322
MQY	Blackrock Muniyield Quality Fund, Inc.	40,194	$441,330
SHEL	Shell plc	3,995	$371,535
SSRM	Ssr Mining Inc.	10,587	$311,257
SA	Seabridge Gold Inc	9,736	$275,918
CGAU	Centerra Gold Inc.	14,920	$265,426
SKE	Skeena Resources Ltd	8,523	$253,303
HBAN	Huntington Bancshares Inc /Md/	16,185	$253,295
ARLP	Alliance Resource Partners LP	8,000	$221,200
AR	ANTERO RESOURCES Corp	5,000	$212,200
VZ	Verizon Communications Inc	4,100	$205,820
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
ENTG	Entegris Inc	3,160	$266,230
BX	Blackstone Inc.	1,635	$252,018
STZ	Constellation Brands, Inc.	1,789	$246,810
SBUX	Starbucks Corp	2,393	$201,514
KGEI	Kolibri Global Energy Inc.	11,000	$43,230
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

166 positions · $1,116,810,492 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 166 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
REI	Ring Energy, Inc. Energy	Reduced	40,061	-3,000	$61,293	+63.6%	0.01%
SLNG	Stabilis Solutions, Inc. Energy	Held	28,182	0	$125,691	−2.0%	0.01%
ARCC	Ares Capital Corp Financial Services	Added	10,206	+6	$183,912	−10.9%	0.02%
VZ	Verizon Communications Inc Communication Services	NEW	4,100	NEW	$205,820	NEW	0.02%
CRK	Comstock Resources Inc Energy	Added	10,000	+1,000	$210,800	+1.0%	0.02%
AR	ANTERO RESOURCES Corp Energy	NEW	5,000	NEW	$212,200	NEW	0.02%
ARLP	Alliance Resource Partners LP Energy	NEW	8,000	NEW	$221,200	NEW	0.02%
DEO	Diageo PLC Consumer Defensive	Reduced	3,155	-10,695	$234,889	−80.3%	0.02%
MMM	3M Co Industrials	Held	1,676	0	$243,405	−9.3%	0.02%
HBAN	Huntington Bancshares Inc /Md/ Financial Services	NEW	16,185	NEW	$253,295	NEW	0.02%
SKE	Skeena Resources Ltd Basic Materials	NEW	8,523	NEW	$253,303	NEW	0.02%
DVN	Devon Energy Corp/De Energy	Reduced	5,074	-799	$255,323	+18.7%	0.02%
SO	Southern Co Utilities	Held	2,700	0	$260,604	+10.7%	0.02%
TRP	Tc Energy Corp Energy	Held	4,200	0	$262,920	+13.8%	0.02%
CGAU	Centerra Gold Inc. Basic Materials	NEW	14,920	NEW	$265,426	NEW	0.02%
SA	Seabridge Gold Inc Basic Materials	NEW	9,736	NEW	$275,918	NEW	0.02%
SSB	SouthState Bank Corp Financial Services	Held	3,000	0	$277,560	−1.7%	0.02%
MRVL	Marvell Technology, Inc. Technology	Reduced	2,810	-101	$278,330	+12.5%	0.02%
TRGP	Targa Resources Corp. Energy	Held	1,133	0	$284,077	+35.9%	0.03%
MU	Micron Technology Inc Technology	Reduced	877	-83	$296,285	+8.1%	0.03%
ORCL	Oracle Corp Technology	Reduced	2,054	-70	$302,163	−27.0%	0.03%
SSRM	Ssr Mining Inc. Basic Materials	NEW	10,587	NEW	$311,257	NEW	0.03%
O	Realty Income Corp Real Estate	Added	5,175	+250	$316,606	+14.0%	0.03%
TXN	Texas Instruments Inc Technology	Reduced	1,698	-95	$329,649	+6.0%	0.03%
PAGP	Plains Gp Holdings LP Energy	Reduced	13,600	-1,000	$330,208	+18.2%	0.03%
IESC	IES Holdings, Inc. Industrials	Reduced	700	-200	$333,529	−4.7%	0.03%
GLD	Spdr Gold Trust	Added	802	+107	$345,092	+25.3%	0.03%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	800	-62	$368,792	−24.5%	0.03%
SHEL	Shell plc Energy	NEW	3,995	NEW	$371,535	NEW	0.03%
IBOC	International Bancshares Corp Financial Services	Reduced	6,050	-3,207	$407,104	−33.8%	0.04%
PR	Permian Resources Corp Energy	Reduced	19,096	-2,997	$407,126	+31.3%	0.04%
NUV	Nuveen Municipal Value Fund Inc Financial Services	Held	46,356	0	$416,740	−0.8%	0.04%
PSX	Phillips 66 Energy	Held	2,296	0	$418,285	+41.2%	0.04%
TSLA	Tesla, Inc. Consumer Cyclical	Added	1,147	+55	$426,397	−13.2%	0.04%
GILD	Gilead Sciences, Inc. Healthcare	Added	3,156	+4	$439,851	+13.7%	0.04%
MQY	Blackrock Muniyield Quality Fund, Inc. Financial Services	NEW	40,194	NEW	$441,330	NEW	0.04%
WDAY	Workday, Inc. Technology	Reduced	3,436	-9,910	$446,405	−84.4%	0.04%
SEI	Solaris Energy Infrastructure, Inc. Energy	Added	8,000	+1,000	$452,080	+40.5%	0.04%
PAA	Plains All American Pipeline LP Energy	Added	21,794	+20	$486,660	+24.4%	0.04%
PAYC	Paycom Software, Inc. Technology	Reduced	4,500	-2,000	$546,930	−47.2%	0.05%
MYI	Blackrock Muniyield Quality Fund III, Inc. Financial Services	NEW	55,692	NEW	$585,322	NEW	0.05%
DHI	Horton D R Inc /De/ Consumer Cyclical	Reduced	4,403	-2,664	$604,179	−40.6%	0.05%
LRCX	Lam Research Corp Technology	Added	3,072	+4	$656,363	+25.0%	0.06%
BNS	Bank Of Nova Scotia Financial Services	Added	9,645	+810	$668,494	+2.7%	0.06%
DLTR	Dollar Tree, Inc. Consumer Defensive	Added	6,365	+400	$697,031	−5.0%	0.06%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Held	924	0	$713,919	+0.1%	0.06%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	725	-33	$722,411	+10.5%	0.06%
FFIN	First Financial Bankshares Inc Financial Services	Held	24,870	0	$732,421	−1.4%	0.07%
MO	Altria Group, Inc. Consumer Defensive	Added	11,404	+76	$752,549	+15.2%	0.07%
BMY	Bristol Myers Squibb Co Healthcare	Added	13,291	+804	$806,099	+19.7%	0.07%