0001140361-11-039244.txt : 20110803
0001140361-11-039244.hdr.sgml : 20110803
20110803100143
ACCESSION NUMBER: 0001140361-11-039244
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110630
FILED AS OF DATE: 20110803
DATE AS OF CHANGE: 20110803
EFFECTIVENESS DATE: 20110803
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Callahan Advisors, LLC
CENTRAL INDEX KEY: 0001395055
IRS NUMBER: 760587368
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-12463
FILM NUMBER: 111005810
BUSINESS ADDRESS:
STREET 1: 3555 TIMMONS LANE, SUITE 600
CITY: HOUSTON
STATE: TX
ZIP: 77027
BUSINESS PHONE: 713-572-3366
MAIL ADDRESS:
STREET 1: 3555 TIMMONS LANE, SUITE 600
CITY: HOUSTON
STATE: TX
ZIP: 77027
FORMER COMPANY:
FORMER CONFORMED NAME: Callahan, Leighton & Co., LLC
DATE OF NAME CHANGE: 20070330
13F-HR
1
form13fhr.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 6/30/2011
Check here if Amendment []; Amendment Number:
-------
This Amendment (Check only one.): [] is a restatement.
[] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Callahan Advisors, LLC
Address: 3555 Timmons Lane, Suite 600
Houston, Texas 77027
Form 13F File Number: 028-12463
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this submission.
Persons Signing this Report on Behalf of Reporting Manager:
Name: Thomas P. Callahan
Title: Chairman
Phone: (713) 572-3366
Signature, Place, and Date of Signing:
/s/ Thomas P. Callahan Houston, Texas 8/2/2011
--------------------------------- --------------------------------- ----------
[Signature] [City, State] [Date]
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 96
Form 13F Information Table Value Total: $ 173,907
--------------
(In Thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
---------------------------- -------------- --------- -------- ----------------- ---------- -------- ------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------ ------ ----
Apple Computer Inc COM 037833100 294 877 SH SOLE 777 0 0
Abbott Laboratories COM 002824100 3378 64190 SH SOLE 61240 0 0
Ace Limited COM G0070K103 2306 35030 SH SOLE 33605 0 0
Accenture Ltd Cl A COM G1150G111 980 16225 SH SOLE 15275 0 0
Allergan Inc COM 018490102 262 3147 SH SOLE 2647 0 0
Apache Corp COM 037411105 2080 16859 SH SOLE 15812 0 0
Anadarko Petroleum Corp COM 032511107 821 10693 SH SOLE 10262 0 0
Avon Products Inc COM 054303102 1048 37436 SH SOLE 37036 0 0
American Express Company COM 025816109 2872 55545 SH SOLE 54770 0 0
Bank Of America Corp COM 060505104 204 18627 SH SOLE 18000 0 0
Brookfield Asset Mgmt COM 112585104 2316 69827 SH SOLE 67227 0 0
Baxter International Inc COM 071813109 2319 38854 SH SOLE 37004 0 0
Bard C R Incorporated COM 067383109 1962 17855 SH SOLE 17320 0 0
Bunge Limited COM G16962105 1429 20729 SH SOLE 19929 0 0
Bhp Billiton Ltd Adr COM 088606108 3160 33391 SH SOLE 32491 0 0
Bank Of Nova Scotia COM 064149107 3123 51900 SH SOLE 50125 0 0
Berkshire Hathaway Cl B COM 084670702 3720 48065 SH SOLE 47165 0 0
Peabody Energy Corp COM 704549104 3082 52316 SH SOLE 50811 0 0
Caterpillar Inc COM 149123101 3685 34618 SH SOLE 33538 0 0
Cullen Frost Bankers COM 229899109 1993 35062 SH SOLE 33860 0 0
Chesapeake Energy Corp COM 165167107 712 23990 SH SOLE 23390 0 0
C H Robinson Worldwd New COM 12541W209 777 9855 SH SOLE 9705 0 0
Core Laboratories N V COM N22717107 1118 10020 SH SOLE 9470 0 0
Cliffs Natural Resources Inc COM 185896107 1039 11237 SH SOLE 10662 0 0
Clorox Company COM 189054109 411 6100 SH SOLE 6100 0 0
Compass Minerals Intl COM 20451N101 516 6000 SH SOLE 6000 0 0
Canadian Natl Ry Co COM 136375102 2126 26606 SH SOLE 25805 0 0
Cisco Systems Inc COM 17275R102 2003 128323 SH SOLE 124445 0 0
C V S Caremark Corp COM 126650100 1954 51994 SH SOLE 49894 0 0
Chevron Corp COM 166764100 2403 23366 SH SOLE 22835 0 0
Cypress Semiconductor COM 232806109 350 16540 SH SOLE 16340 0 0
Dominion Res Inc Va New COM 25746U109 2893 59940 SH SOLE 57840 0 0
Du Pont E I De Nemour&Co COM 263534109 2659 49187 SH SOLE 47860 0 0
Diageo Plc New Adr COM 25243Q205 2617 31961 SH SOLE 31481 0 0
Discover Financial Svcs COM 254709108 1873 70000 SH SOLE 70000 0 0
Danaher Corp Del COM 235851102 271 5120 SH SOLE 5120 0 0
Disney Walt Hldg Co COM 254687106 1999 51216 SH SOLE 50191 0 0
E M C Corp Mass COM 268648102 1395 50637 SH SOLE 47952 0 0
Emerson Electric Co COM 291011104 2969 52786 SH SOLE 50486 0 0
Enterprise Prd Prtnrs Lp COM 293792107 359 8299 SH SOLE 8299 0 0
Express Scripts Inc COM 302182100 2846 52718 SH SOLE 50898 0 0
Fiserv Inc COM 337738108 1821 29080 SH SOLE 28150 0 0
General Dynamics Corp COM 369550108 335 4500 SH SOLE 4500 0 0
General Electric Company COM 369604103 3341 177133 SH SOLE 171084 0 0
Graco Incorporated COM 384109104 304 6000 SH SOLE 6000 0 0
Gilead Sciences Inc COM 375558103 407 9835 SH SOLE 9685 0 0
General Mills Inc COM 370334104 2670 71736 SH SOLE 69186 0 0
Harris Corporation COM 413875105 1295 28733 SH SOLE 27849 0 0
Intl Business Machines COM 459200101 3781 22040 SH SOLE 21315 0 0
Intel Corp COM 458140100 3624 163549 SH SOLE 156645 0 0
Johnson & Johnson COM 478160104 4538 68222 SH SOLE 65978 0 0
J. P. Morgan Chase & Co. COM 46625H100 2677 65376 SH SOLE 62966 0 0
Nordstrom Inc COM 655664100 499 10624 SH SOLE 9755 0 0
Kinder Morgan Inc COM 49455P101 3597 125211 SH SOLE 118893 0 0
Coca Cola Company COM 191216100 1278 18988 SH SOLE 18069 0 0
Lowes Companies Inc COM 548661107 857 36756 SH SOLE 36756 0 0
Mc Donalds Corp COM 580135101 4361 51719 SH SOLE 49699 0 0
Altria Group Inc. COM 02209S103 205 7744 SH SOLE 7421 0 0
Monsanto Co New Del COM 61166W101 1286 17727 SH SOLE 17402 0 0
Microsoft Corp COM 594918104 308 11833 SH SOLE 11833 0 0
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
---------------------------- -------------- --------- -------- ----------------- ---------- -------- ------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------ ------ ----
NextEra Energy, Inc COM 65339F101 2381 41444 SH SOLE 39917 0 0
Nike Inc Class B COM 654106103 2859 31770 SH SOLE 30995 0 0
Northern TRUST Corp COM 665859104 616 13406 SH SOLE 12656 0 0
Oracle Corporation COM 68389X105 3368 102351 SH SOLE 99684 0 0
Paychex Inc COM 704326107 1805 58765 SH SOLE 57565 0 0
Pepsico Incorporated COM 713448108 3121 44311 SH SOLE 42961 0 0
Petsmart Inc COM 716768106 2161 47622 SH SOLE 45471 0 0
Pfizer Incorporated COM 717081103 3316 160956 SH SOLE 155818 0 0
Procter & Gamble Co COM 742718109 3792 59659 SH SOLE 57816 0 0
Polaris Industries Inc COM 731068102 468 4214 SH SOLE 3922 0 0
Philip Morris Intl Inc COM 718172109 442 6615 SH SOLE 6361 0 0
Regions Financial Cp New COM 7591EP100 74 12000 SH SOLE 12000 0 0
Transocean Offshore Newf COM H8817H100 237 3665 SH SOLE 3415 0 0
Scana Corporation New COM 80589M102 2261 57430 SH SOLE 55678 0 0
Service Corp Intl COM 817565904 555 47476 SH SOLE 47126 0 0
Ishares 1-12 mo. T-Bond ETF 464288679 799 7244 SH SOLE 7244 0 0
Ishares 1-3 yr T-Bond ETF 464287457 6496 77056 SH SOLE 69969 0 0
Synovus Financial Corp COM 87161C105 32 15600 SH SOLE 15600 0 0
Stericycle Inc COM 858912108 1720 19295 SH SOLE 18640 0 0
Stec Inc COM 784774101 449 26405 SH SOLE 25405 0 0
Sysco Corporation COM 871829107 1416 45414 SH SOLE 42643 0 0
A T & T Corp COM 00206R102 3584 114110 SH SOLE 110722 0 0
Target Corporation COM 87612E106 880 18755 SH SOLE 18191 0 0
Telus Corp Non Vtg COM 87971M202 1994 37905 SH SOLE 36105 0 0
Union Pacific Corp COM 907818108 1777 17021 SH SOLE 16346 0 0
U S Bancorp Del New COM 902973304 638 25000 SH SOLE 25000 0 0
United Technologies Corp COM 913017109 224 2531 SH SOLE 2531 0 0
Vanguard Corp Bond Etf ETF 92206C870 740 9232 SH SOLE 9232 0 0
Vanguard Emerging Market ETF 922042858 911 18729 SH SOLE 17204 0 0
Wells Fargo & Co New COM 949746101 453 16154 SH SOLE 15704 0 0
Weatherford Intl Ltd COM H27013103 290 15460 SH SOLE 14005 0 0
Wal-Mart Stores Inc COM 931142103 2981 56106 SH SOLE 54273 0 0
Weingarten Rlty Invs Sbi COM 948741103 1769 70330 SH SOLE 67880 0 0
Western Union Company COM 959802109 721 36000 SH SOLE 36000 0 0
Exxon Mobil Corporation COM 30231G102 5658 69532 SH SOLE 64516 0 0
Xerox Corp COM 984121103 1411 135566 SH SOLE 133766 0 0