Callahan Advisors, LLC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| Alphabet Inc Class C | 274,314 | 263,165 | -11,149 | 66,809,256 | 82,581,080 | +15,771,824 |
| Intuit Inc | 0 | 10,121 | +10,121 | 0 | 6,704,353 | +6,704,353 |
| Eli Lilly & Company | 18,694 | 19,162 | +468 | 14,263,446 | 20,592,559 | +6,329,113 |
| Primerica Inc | 0 | 18,297 | +18,297 | 0 | 4,727,213 | +4,727,213 |
| Netflix Inc | 438 | 44,944 | +44,506 | 525,277 | 4,213,973 | +3,688,696 |
| Applied Materials Inc | 75,555 | 73,955 | -1,600 | 15,469,207 | 19,005,638 | +3,536,431 |
| MSCI Inc | 0 | 5,990 | +5,990 | 0 | 3,436,643 | +3,436,643 |
| Chubb Ltd F | 95,597 | 97,378 | +1,781 | 26,982,363 | 30,393,729 | +3,411,366 |
| Caterpillar Inc | 54,385 | 50,869 | -3,516 | 25,949,685 | 29,141,472 | +3,191,787 |
| Clorox Company | 0 | 31,564 | +31,564 | 0 | 3,182,624 | +3,182,624 |
| FedEx Corporation | 66,142 | 64,930 | -1,212 | 15,597,046 | 18,755,572 | +3,158,526 |
| Amazon Com Inc | 224,006 | 225,933 | +1,927 | 49,185,011 | 52,149,869 | +2,964,858 |
| First Solar Inc | 0 | 9,602 | +9,602 | 0 | 2,508,330 | +2,508,330 |
| Mercadolibre Inc | 0 | 1,165 | +1,165 | 0 | 2,346,613 | +2,346,613 |
| GE Vernova Inc | 408 | 3,814 | +3,406 | 250,879 | 2,492,716 | +2,241,837 |
| Johnson & Johnson | 123,728 | 120,569 | -3,159 | 22,941,627 | 24,951,763 | +2,010,136 |
| Alphabet Inc Class A | 29,494 | 28,811 | -683 | 7,170,052 | 9,017,909 | +1,847,857 |
| Xylem Inc | 0 | 12,641 | +12,641 | 0 | 1,721,451 | +1,721,451 |
| A S M L Holding Nv New | 12,881 | 13,209 | +328 | 12,469,967 | 14,131,781 | +1,661,814 |
| Dominion Res Inc Va New | 0 | 28,275 | +28,275 | 0 | 1,656,647 | +1,656,647 |
| Mastercard Inc | 30,977 | 33,529 | +2,552 | 17,619,810 | 19,141,063 | +1,521,253 |
| Taiwan Semiconductr Adrf | 31,595 | 33,498 | +1,903 | 8,824,168 | 10,179,707 | +1,355,539 |
| NextEra Energy, Inc | 325,925 | 322,591 | -3,334 | 24,604,092 | 25,897,580 | +1,293,488 |
| Apple Computer Inc | 146,065 | 141,312 | -4,753 | 37,192,584 | 38,417,023 | +1,224,439 |
| Iqvia Holdings Inc | 45,113 | 43,139 | -1,974 | 8,568,763 | 9,723,962 | +1,155,199 |
| McDonalds Corp | 57,959 | 61,366 | +3,407 | 17,613,176 | 18,755,410 | +1,142,234 |
| Davita Inc | 0 | 9,592 | +9,592 | 0 | 1,089,747 | +1,089,747 |
| Kenvue Inc | 80,523 | 134,405 | +53,882 | 1,306,888 | 2,318,486 | +1,011,598 |
| NVIDIA Corp | 157,306 | 162,742 | +5,436 | 29,350,197 | 30,351,328 | +1,001,131 |
| Vistra Energy Corp | 0 | 5,190 | +5,190 | 0 | 837,296 | +837,296 |
| Fiserv Inc | 8,829 | 28,668 | +19,839 | 1,138,323 | 1,925,630 | +787,307 |
| Linde Plc | 0 | 1,695 | +1,695 | 0 | 722,731 | +722,731 |
| American Express Company | 17,828 | 17,829 | +1 | 5,921,725 | 6,595,716 | +673,991 |
| Exxon Mobil Corp | 136,230 | 133,193 | -3,037 | 15,359,896 | 16,028,451 | +668,555 |
| GE Aerospace | 736 | 2,850 | +2,114 | 221,296 | 877,788 | +656,492 |
| Dycom Industries Inc | 32,571 | 30,009 | -2,562 | 9,502,915 | 10,140,041 | +637,126 |
| Walmart Inc | 150,514 | 144,216 | -6,298 | 15,511,954 | 16,067,097 | +555,143 |
| Prologis Inc | 40,978 | 41,064 | +86 | 4,692,847 | 5,242,262 | +549,415 |
| Cisco Systems Inc | 66,921 | 66,442 | -479 | 4,578,710 | 5,118,036 | +539,326 |
| CVS Health Corporation | 88,808 | 90,913 | +2,105 | 6,695,259 | 7,214,875 | +519,616 |
| Merck & Co Inc | 23,917 | 23,402 | -515 | 2,007,364 | 2,463,296 | +455,932 |
| Solaris Energy Infrastructure Inc A | 0 | 7,000 | +7,000 | 0 | 321,790 | +321,790 |
| Accenture PLC CL A | 20,872 | 20,371 | -501 | 5,147,035 | 5,465,539 | +318,504 |
| EQT Corp | 346,981 | 357,933 | +10,952 | 18,886,167 | 19,185,186 | +299,019 |
| Micron Technology Inc | 0 | 960 | +960 | 0 | 273,994 | +273,994 |
| JPMorgan Chase & Co. | 97,813 | 96,573 | -1,240 | 30,853,165 | 31,117,782 | +264,617 |
| Booking Holdings Inc | 4,540 | 4,626 | +86 | 24,512,988 | 24,774,297 | +261,309 |
| Crescent Energy Co A | 72,405 | 106,179 | +33,774 | 645,848 | 890,842 | +244,994 |
| RTX Corp | 14,875 | 14,875 | 0 | 2,488,998 | 2,728,125 | +239,127 |
| Targa Resources Corp | 0 | 1,133 | +1,133 | 0 | 209,039 | +209,039 |
| Comstock Res Inc | 0 | 9,000 | +9,000 | 0 | 208,620 | +208,620 |
| Dollar Tree Inc | 5,615 | 5,965 | +350 | 529,888 | 733,755 | +203,867 |
| Regeneron Pharms Inc | 931 | 924 | -7 | 523,520 | 713,257 | +189,737 |
| Skyward Specialty Ins Gr | 53,032 | 53,032 | 0 | 2,522,202 | 2,710,466 | +188,264 |
| Coca Cola Company | 53,840 | 53,693 | -147 | 3,570,700 | 3,753,701 | +183,001 |
| Berkshire Hathaway Cl B | 58,900 | 59,264 | +364 | 29,611,386 | 29,789,050 | +177,664 |
| Bristol-Myers Squibb Co | 11,080 | 12,487 | +1,407 | 499,699 | 673,533 | +173,834 |
| Bank Of Nova Scotia | 7,785 | 8,835 | +1,050 | 503,300 | 651,051 | +147,751 |
| Intl Bancshares Corp | 6,985 | 9,257 | +2,272 | 480,219 | 615,035 | +134,816 |
| Danaher Corp | 11,746 | 10,751 | -995 | 2,328,703 | 2,461,101 | +132,398 |
| Lam Research Corp | 2,955 | 3,068 | +113 | 395,634 | 525,120 | +129,486 |
| Salesforce Com | 40,419 | 36,637 | -3,782 | 9,579,382 | 9,705,485 | +126,103 |
| Welltower Inc | 45,797 | 44,585 | -1,212 | 8,158,251 | 8,275,371 | +117,120 |
| T J X Cos Inc | 21,425 | 20,869 | -556 | 3,096,754 | 3,205,714 | +108,960 |
| Intuitive Surgical New | 862 | 862 | 0 | 385,512 | 488,202 | +102,690 |
| Restaurant Brands | 25,030 | 25,030 | 0 | 1,605,424 | 1,707,797 | +102,373 |
| Visa Inc Cl A | 9,239 | 9,240 | +1 | 3,154,059 | 3,240,486 | +86,427 |
| Stellar Bancorp Inc | 162,733 | 162,234 | -499 | 4,937,319 | 5,019,519 | +82,200 |
| Plains Gp Hldgs L P | 11,600 | 14,600 | +3,000 | 211,584 | 279,444 | +67,860 |
| Enterprise Prd Prtnrs Lp | 77,048 | 77,205 | +157 | 2,409,294 | 2,475,184 | +65,890 |
| Broadcom Inc | 3,518 | 3,529 | +11 | 1,160,548 | 1,221,308 | +60,760 |
| Lockheed Martin Corp | 4,709 | 4,958 | +249 | 2,350,545 | 2,398,039 | +47,494 |
| Brookfield Infra Ptnrs | 25,376 | 25,376 | 0 | 834,615 | 881,560 | +46,945 |
| Cardinal Health Inc | 43,350 | 33,333 | -10,017 | 6,804,210 | 6,849,924 | +45,714 |
| Kolibri Global Energy | 0 | 11,000 | +11,000 | 0 | 43,230 | +43,230 |
| Permian Resources Corp | 21,089 | 22,093 | +1,004 | 269,933 | 309,964 | +40,031 |
| Gilead Sciences Inc | 3,147 | 3,152 | +5 | 349,307 | 386,838 | +37,531 |
| Cadence Bancorporati | 6,540 | 6,540 | 0 | 245,512 | 280,174 | +34,662 |
| Vanguard Health Care ETF | 1,061 | 1,061 | 0 | 275,436 | 305,409 | +29,973 |
| Tesla Motors Inc | 1,042 | 1,092 | +50 | 463,398 | 491,094 | +27,696 |
| SPDR S&P 500 ETF | 3,290 | 3,250 | -40 | 2,191,650 | 2,216,438 | +24,788 |
| Diamondback Energy | 5,081 | 4,983 | -98 | 727,046 | 749,022 | +21,976 |
| Marvell Tech Group | 2,700 | 2,911 | +211 | 226,989 | 247,377 | +20,388 |
| Plains All Amern Ppln Lp | 21,753 | 21,774 | +21 | 371,106 | 391,058 | +19,952 |
| Regions Financial Cp New | 33,700 | 33,500 | -200 | 888,669 | 907,850 | +19,181 |
| Vanguard S&P 500 ETF | 750 | 752 | +2 | 459,150 | 471,375 | +12,225 |
| Schwab US Broad Market ETF | 78,338 | 77,229 | -1,109 | 2,014,079 | 2,025,729 | +11,650 |
| Vanguard Telecom ETF | 1,750 | 1,750 | 0 | 328,528 | 338,853 | +10,325 |
| Blackrock Munivest II Cf | 56,714 | 56,714 | 0 | 602,874 | 613,083 | +10,209 |
| Northern Trust Corp | 26,553 | 26,227 | -326 | 3,573,983 | 3,582,379 | +8,396 |
| Devon Energy Corp New | 5,923 | 5,873 | -50 | 207,654 | 215,139 | +7,485 |
| Ring Energy Inc | 28,061 | 43,061 | +15,000 | 30,586 | 37,463 | +6,877 |
| ONEOK Inc | 11,028 | 11,029 | +1 | 804,692 | 810,614 | +5,922 |
| Stabilis Solutions Inc | 28,182 | 28,182 | 0 | 122,874 | 128,228 | +5,354 |
| Nuveen Muni Value Fund | 46,356 | 46,356 | 0 | 416,279 | 419,987 | +3,708 |
| Blackrock Municipal Inco | 94,642 | 95,038 | +396 | 989,013 | 992,194 | +3,181 |
| TC Energy Corp | 4,200 | 4,200 | 0 | 228,522 | 231,042 | +2,520 |
| Berkshire Hathaway Cl A | 4 | 4 | 0 | 3,016,800 | 3,019,200 | +2,400 |
| Vanguard Info Technology ETF | 304 | 304 | 0 | 226,995 | 229,172 | +2,177 |
| Vanguard Total Stock Mkt | 765 | 743 | -22 | 251,053 | 249,231 | -1,822 |