Latest Callahan Advisors, LLC Stock Portfolio

$1.20Billion– No. of Holdings #177

Callahan Advisors, LLC Performance:

2026 Q1: -1.83%YTD: -1.83%2025: 11.26%

Performance for 2026 Q1 is -1.83%, and YTD is -1.83%, and 2025 is 11.26%.

About Callahan Advisors, LLC and 13F Hedge Fund Stock Holdings

On 2026-05-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, Callahan Advisors, LLC reported an equity portfolio of $1.2 Billions as of 31 Mar, 2026.

The top stock holdings of Callahan Advisors, LLC are GOOG, META, AMZN. The fund has invested 5.9% of it's portfolio in ALPHABET INC CLASS C and 4.9% of portfolio in META PLATFORMS INC CLASS A.

The fund managers got completely rid off UNILEVER PLC ADR NEW (UL), BLACKROCK MUNICIPAL INCO and CADENCE BANCORPORATI (CADE) stocks. They significantly reduced their stock positions in DIAGEO PLC NEW ADR (DEO), WORKDAY INC (WDAY) and ADOBE SYSTEMS INC (ADBE). Callahan Advisors, LLC opened new stock positions in BLACKROCK MUNIHOLDINGS FUND, AUTO DATA PROCESSING (ADP) and UNILEVER PLC ADR NEW (UL). The fund showed a lot of confidence in some stocks as they added substantially to DAVITA INC (DVA), GE AEROSPACE (GE) and MSCI INC (MSCI).

Callahan Advisors, LLC Equity Portfolio Value

Last Reported on: 12 May, 2026

Callahan Advisors, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Callahan Advisors, LLC made a return of -1.83% in the last quarter. In trailing 12 months, it's portfolio return was 11.47%.

Performance
S&P 500

New Buys

Ticker	$ Bought
blackrock muniholdings fund	2,669,340
auto data processing	2,316,280
unilever plc adr new	1,860,130
blackrock muniyield quality iii fund	585,323
blackrock muniyield quality fund	441,330
shell plc	371,535
s s r mining inc	310,966
seabridge gold inc	275,918

New stocks bought by Callahan Advisors, LLC

Additions

Ticker	% Inc.
davita inc	266
ge aerospace	197
msci inc	142
netflix inc	139
mercadolibre inc	127
clorox company	79.93
ge vernova inc	48.61
first solar inc	46.77

Additions to existing portfolio by Callahan Advisors, LLC

Reductions

Ticker	% Reduced
diageo plc new adr	-77.22
workday inc	-74.25
adobe systems inc	-41.97
d r horton co	-37.7
salesforce com	-37.19
service now inc	-35.59
intl bancshares corp	-34.64
paycom software inc	-30.77

Callahan Advisors, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
blackrock municipal inco	-1,798,640
blackrock municipal inco	-992,194
blackrock munivest ii cf	-613,083
blackrock investment qlt	-455,943
unilever plc adr new	-2,135,380
kolibri global energy	-43,230
cadence bancorporati	-280,174
entegris inc	-266,259

Callahan Advisors, LLC got rid off the above stocks

Sector Distribution

Callahan Advisors, LLC has about 14.8% of it's holdings in Technology sector.

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

Sector	%
Technology	14.8
Communication Services	13.1
Others	11.7
Healthcare	11.7
Consumer Cyclical	9.9
Financial Services	9.8
Industrials	9.4
Energy	8
Consumer Defensive	5.8
Utilities	2.9
Basic Materials	1.7
Real Estate	1.2

Market Cap. Distribution

Callahan Advisors, LLC has about 85.9% of it's portfolio invested in the large-cap and mega-cap stocks.

MEGA-CAP
LARGE-CAP
UNALLOCATED
MID-CAP

Category	%
MEGA-CAP	51.5
LARGE-CAP	34.4
UNALLOCATED	11.7
MID-CAP	2.3

Stocks belong to which Index?

About 85.2% of the stocks held by Callahan Advisors, LLC either belong to S&P 500 or RUSSELL 2000 index.

S&P 500
Others
RUSSELL 2000

Index	%
S&P 500	84
Others	14.7
RUSSELL 2000	1.2

Top 5 Winners (%)		%
REI	ring energy inc	73.2 %
CRGY	crescent energy co a	52.0 %
PR	permian resources corp	48.4 %
PSX	phillips 66	41.2 %
COP	conocophillips	40.8 %

Top 5 Winners ($)		$
XOM	exxon mobil corp	6.5 M
CAT	caterpillar inc	6.5 M
AMAT	applied materials inc	6.0 M
CVX	chevron corp	4.4 M
JNJ	johnson & johnson	4.3 M

Top 5 Losers (%)		%
TRI	thomson reuters corp	-31.8 %
INTU	intuit inc	-31.7 %
NOW	service now inc	-26.1 %
ACN	accenture plc cl a	-25.9 %
WDAY	workday inc	-24.8 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-14.2 M
META	meta platforms inc class a	-8.9 M
GOOG	alphabet inc class c	-6.9 M
BKNG	booking holdings inc	-5.6 M
AMZN	amazon com inc	-5.2 M

Callahan Advisors, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Callahan Advisors, LLC

Callahan Advisors, LLC has 177 stocks in it's portfolio. About 34.3% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. XOM was the most profitable stock for Callahan Advisors, LLC last quarter.

Last Reported on: 12 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple computer inc	2.98	140,543	35,668,500	reduced	-0.54

ABBV	abbvie inc	0.10	5,309	1,154,710	reduced	-4.14

ABT	abbott laboratories	0.64	74,902	7,690,220	reduced	-10.62

ACN	accenture plc cl a	0.34	20,704	4,105,400	added	1.63

ADBE	adobe systems inc	0.25	12,493	3,036,800	reduced	-41.97

ADP	auto data processing	0.19	11,400	2,316,280	new

AMAT	applied materials inc	1.92	67,115	22,939,400	reduced	-9.25

AMPS	ishares floating rate etf	0.14	34,073	1,736,020	reduced	-11.79

AMZN	amazon com inc	4.06	233,763	48,685,800	added	3.47

AR	antero resouces corp	0.02	5,000	212,200	new

ARLP	alliance resource par lp	0.02	8,000	221,200	new

ASML	a s m l holding nv new	1.49	13,511	17,845,700	added	2.29

AVGO	broadcom inc	0.09	3,442	1,065,260	reduced	-2.47

AXP	american express company	0.45	17,829	5,393,040	unchanged	0.00

BHP	bhp billiton ltd adr	0.22	35,675	2,594,970	reduced	-1.36

BIP	brookfield infra ptnrs	0.08	25,225	911,145	reduced	-0.6

BKNG	booking holdings inc	1.83	129,900	21,877,500	added	12.32

BMY	bristol-myers squibb co	0.07	13,291	806,081	added	6.44

BNDW	vanguard corp bond etf	0.02	2,822	233,483	reduced	-3.36

BNS	bank of nova scotia	0.06	9,645	668,495	added	9.17