0001140361-12-004376.txt : 20120131
0001140361-12-004376.hdr.sgml : 20120131
20120131102758
ACCESSION NUMBER: 0001140361-12-004376
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120131
DATE AS OF CHANGE: 20120131
EFFECTIVENESS DATE: 20120131
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: 12557769
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
NONE
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/2011
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: /s/ Thomas P. Callahan
Title: Chairman
Phone: (713) 572-3366
Signature, Place, and Date of Signing:
/s/ Thomas P. Callahan Houston, Texas 1/27/2012
--------------------------------- --------------------------------- ----------
[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: 101
Form 13F Information Table Value Total: $ 176,179
--------------
(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 2402 5932 SH SOLE 5707 0 0
Abbott Laboratories COM 002824100 3924 69782 SH SOLE 66024 0 0
Ace Limited COM H0023R105 2717 38750 SH SOLE 37325 0 0
Accenture PLC CL A COM G1151C101 1228 23070 SH SOLE 21715 0 0
American Electric Techs COM 025576109 115 22550 SH SOLE 9050 0 0
Allergan Inc COM 018490102 297 3387 SH SOLE 2887 0 0
Apache Corp COM 037411105 1198 13224 SH SOLE 12243 0 0
Anadarko Petroleum Corp COM 032511107 799 10465 SH SOLE 10032 0 0
Avon Products Inc COM 054303102 455 26059 SH SOLE 26059 0 0
American Express Company COM 025816109 2478 52529 SH SOLE 51754 0 0
Brookfield Asset Mgmt COM 112585104 1859 67657 SH SOLE 64544 0 0
Baxter International Inc COM 071813109 1771 35792 SH SOLE 33942 0 0
Bard C R Incorporated COM 067383109 1414 16535 SH SOLE 16000 0 0
Bunge Limited COM G16962105 1052 18385 SH SOLE 17585 0 0
Bhp Billiton Ltd Adr COM 088606108 2414 34180 SH SOLE 33153 0 0
Brookfield Infra Ptnrs COM G16252101 1937 69937 SH SOLE 66437 0 0
Bank Of Nova Scotia COM 064149107 2647 53145 SH SOLE 51220 0 0
Berkshire Hathaway Cl B COM 084670702 3139 41135 SH SOLE 40235 0 0
Peabody Energy Corp COM 704549104 1758 53097 SH SOLE 51591 0 0
Caterpillar Inc COM 149123101 3583 39549 SH SOLE 37866 0 0
Cullen Frost Bankers COM 229899109 1650 31181 SH SOLE 30977 0 0
Chesapeake Energy Corp COM 165167107 493 22103 SH SOLE 21503 0 0
C H Robinson Worldwd New COM 12541W209 585 8382 SH SOLE 7957 0 0
Core Laboratories N V COM N22717107 1256 11020 SH SOLE 10470 0 0
Cliffs Natural Resources Inc COM 18683K101 927 14868 SH SOLE 13993 0 0
Clorox Company COM 189054109 539 8100 SH SOLE 8100 0 0
Compass Minerals Intl COM 20451N101 413 6000 SH SOLE 6000 0 0
Canadian Natl Ry Co COM 136375102 2243 28557 SH SOLE 27605 0 0
Consol Energy Inc COM 20854P109 302 8230 SH SOLE 7480 0 0
Cisco Systems Inc COM 17275R102 2051 113454 SH SOLE 109894 0 0
C V S Caremark Corp COM 126650100 2080 51001 SH SOLE 48901 0 0
Chevron Corp COM 166764100 3225 30311 SH SOLE 29403 0 0
Cypress Semiconductor COM 232806109 385 22815 SH SOLE 22615 0 0
Dominion Res Inc Va New COM 25746U109 3297 62123 SH SOLE 60023 0 0
Du Pont E I De Nemour&Co COM 263534109 2217 48421 SH SOLE 46538 0 0
Diageo Plc New Adr COM 25243Q205 2812 32171 SH SOLE 31691 0 0
Discover Financial Svcs COM 254709108 1680 70000 SH SOLE 70000 0 0
Danaher Corp Del COM 235851102 209 4445 SH SOLE 4445 0 0
Disney Walt Hldg Co COM 254687106 2013 53681 SH SOLE 62656 0 0
E M C Corp Mass COM 268648102 1148 53287 SH SOLE 50602 0 0
Emerson Electric Co COM 291011104 2312 49615 SH SOLE 48115 0 0
Enterprise Prd Prtnrs Lp COM 293792107 385 8299 SH SOLE 8299 0 0
Express Scripts Inc COM 302182100 2204 49308 SH SOLE 47488 0 0
Fiserv Inc COM 337738108 1682 28635 SH SOLE 27705 0 0
General Dynamics Corp COM 369550108 598 9000 SH SOLE 9000 0 0
General Electric Company COM 369604103 3273 182766 SH SOLE 174680 0 0
Graco Incorporated COM 384109104 245 6000 SH SOLE 6000 0 0
Gilead Sciences Inc COM 375558103 354 8640 SH SOLE 8490 0 0
General Mills Inc COM 370334104 3053 75548 SH SOLE 71990 0 0
Google Inc Class A COM 38259P508 1436 2224 SH SOLE 2164 0 0
Harris Corporation COM 413875105 348 9660 SH SOLE 8773 0 0
Intl Business Machines COM 459200101 4175 22706 SH SOLE 21881 0 0
Intel Corp COM 458140100 4197 173082 SH SOLE 165053 0 0
Johnson & Johnson COM 478160104 4671 71233 SH SOLE 68676 0 0
J. P. Morgan Chase & Co. COM 46625H100 2103 63246 SH SOLE 60326 0 0
Nordstrom Inc COM 655664100 1016 20433 SH SOLE 18760 0 0
Kirby Corporation COM 497266106 528 8025 SH SOLE 7075 0 0
Kinder Morgan Inc COM 49456B101 4096 127322 SH SOLE 121108 0 0
Kinder Morgan Mgmt Llc COM 49455U100 532 6776 SH SOLE 5901 0 0
Coca Cola Company COM 191216100 1320 18865 SH SOLE 17926 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
---------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------ ------ ----
Lowes Companies Inc COM 548661107 332 13084 SH SOLE 12859 0 0
Mc Donalds Corp COM 580135101 5211 51936 SH SOLE 49539 0 0
Altria Group Inc. COM 02209S103 227 7642 SH SOLE 7310 0 0
Monsanto Co New Del COM 61166W101 874 12471 SH SOLE 12146 0 0
Microsoft Corp COM 594918104 206 7935 SH SOLE 7935 0 0
NextEra Energy, Inc COM 65339F101 2713 44557 SH SOLE 42524 0 0
Nike Inc Class B COM 654106103 3100 32166 SH SOLE 31391 0 0
Northern TRUST Corp COM 665859104 413 10417 SH SOLE 9667 0 0
Oracle Corporation COM 68389X105 2673 104219 SH SOLE 100701 0 0
Paychex Inc COM 704326107 1421 47199 SH SOLE 45999 0 0
Pepsico Incorporated COM 713448108 2988 45029 SH SOLE 43229 0 0
Petsmart Inc COM 716768106 2664 51938 SH SOLE 49784 0 0
Pfizer Incorporated COM 717081103 3631 167778 SH SOLE 161112 0 0
Procter & Gamble Co COM 742718109 4278 64124 SH SOLE 61794 0 0
Polaris Industries Inc COM 731068102 838 14973 SH SOLE 13235 0 0
Philip Morris Intl Inc COM 718172109 452 5757 SH SOLE 5500 0 0
Ram Energy Resources Inc COM 75130P109 38 12000 SH SOLE 12000 0 0
Regions Financial Cp New COM 7591EP100 52 12000 SH SOLE 12000 0 0
Raytheon Company New COM 755111507 252 5200 SH SOLE 5200 0 0
Scana Corporation New COM 80589M102 2683 59535 SH SOLE 57279 0 0
Sch St US Trsr Etf ETF 808524862 3652 72254 SH SOLE 72254 0 0
Sch US Tips Etf ETF 808524870 3579 64350 SH SOLE 64120 0 0
Service Corp Intl COM 817565104 393 36920 SH SOLE 36570 0 0
Ishares 1-3 yr T-Bond ETF 464287457 3001 35509 SH SOLE 34798 0 0
Synovus Financial Corp COM 87161C105 23 16500 SH SOLE 16500 0 0
Stericycle Inc COM 858912108 747 9590 SH SOLE 9135 0 0
Sysco Corporation COM 871829107 1399 47715 SH SOLE 44175 0 0
A T & T Corp COM 00206R102 3588 118654 SH SOLE 114309 0 0
Target Corporation COM 87612E106 514 10044 SH SOLE 9479 0 0
Telus Corp Non Vtg COM 87971M202 2213 41325 SH SOLE 38920 0 0
Union Pacific Corp COM 907818108 1988 18765 SH SOLE 18090 0 0
U S Bancorp Del New COM 902973304 676 25000 SH SOLE 25000 0 0
Vanguard Corp Bond Etf ETF 92206C870 525 6373 SH SOLE 6373 0 0
Vanguard Emerging Market ETF 922042858 606 15872 SH SOLE 13937 0 0
Wells Fargo & Co New COM 949746101 395 14339 SH SOLE 13889 0 0
Weatherford Intl Ltd COM H27013103 195 13325 SH SOLE 11420 0 0
Wal-Mart Stores Inc COM 931142103 3652 61113 SH SOLE 59029 0 0
Weingarten Rlty Invs Sbi COM 948741103 1537 70454 SH SOLE 68004 0 0
Western Union Company COM 959802109 657 36000 SH SOLE 36000 0 0
Exxon Mobil Corporation COM 30231G102 6130 72325 SH SOLE 67206 0 0
Xerox Corp COM 984121103 423 53148 SH SOLE 51348 0 0