0001140361-11-050511.txt : 20111027
0001140361-11-050511.hdr.sgml : 20111027
20111027094321
ACCESSION NUMBER: 0001140361-11-050511
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111027
DATE AS OF CHANGE: 20111027
EFFECTIVENESS DATE: 20111027
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: 111160598
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: 9/30/2011
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 10/24/2011
--------------------------------- --------------------------------- ----------
[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: 97
Form 13F Information Table Value Total: $ 158,893
--------------
(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 1364 3576 SH SOLE 3351 0 0
Abbott Laboratories COM 002824100 3530 69023 SH SOLE 65269 0 0
Ace Limited COM H0023R105 2207 36425 SH SOLE 35000 0 0
Accenture PLC CL A COM G1151C101 1063 20170 SH SOLE 18820 0 0
Allergan Inc COM 018490102 266 3227 SH SOLE 2727 0 0
Apache Corp COM 037411105 1027 12799 SH SOLE 11819 0 0
Anadarko Petroleum Corp COM 032511107 627 9944 SH SOLE 9512 0 0
Avon Products Inc COM 054303102 952 48581 SH SOLE 48181 0 0
American Express Company COM 025816109 2524 56206 SH SOLE 55431 0 0
Bank Of America Corp COM 060505104 121 19828 SH SOLE 19200 0 0
Brookfield Asset Mgmt COM 112585104 1968 71432 SH SOLE 68232 0 0
Baxter International Inc COM 071813109 2107 37535 SH SOLE 35685 0 0
Bard C R Incorporated COM 067383109 1515 17310 SH SOLE 16775 0 0
Bunge Limited COM G16962105 1121 19236 SH SOLE 18436 0 0
Bhp Billiton Ltd Adr COM 088606108 2240 33711 SH SOLE 32684 0 0
Brookfield Infra Ptnrs COM G16252101 1301 53441 SH SOLE 50841 0 0
Bank Of Nova Scotia COM 064149107 2615 52145 SH SOLE 50220 0 0
Berkshire Hathaway Cl B COM 084670702 3148 44315 SH SOLE 43415 0 0
Peabody Energy Corp COM 704549104 1813 53506 SH SOLE 52000 0 0
Caterpillar Inc COM 149123101 2634 35673 SH SOLE 34091 0 0
Cullen Frost Bankers COM 229899109 1603 34949 SH SOLE 33746 0 0
Chesapeake Energy Corp COM 165167107 577 22595 SH SOLE 21995 0 0
C H Robinson Worldwd New COM 12541W209 605 8831 SH SOLE 8406 0 0
Core Laboratories N V COM N22717107 920 10245 SH SOLE 9695 0 0
Cliffs Natural Resources Inc COM 18683K101 631 12338 SH SOLE 11663 0 0
Clorox Company COM 189054109 537 8100 SH SOLE 8100 0 0
Compass Minerals Intl COM 20451N101 401 6000 SH SOLE 6100 0 0
Canadian Natl Ry Co COM 136375102 1852 27821 SH SOLE 26870 0 0
Consol Energy Inc COM 20854P109 305 8977 SH SOLE 8227 0 0
Cisco Systems Inc COM 17275R102 1685 108739 SH SOLE 106182 0 0
C V S Caremark Corp COM 126650100 1716 51099 SH SOLE 48999 0 0
Chevron Corp COM 166764100 2571 27772 SH SOLE 11663 0 0
Cypress Semiconductor COM 232806109 305 8977 SH SOLE 8227 0 0
Dominion Res Inc Va New COM 25746U109 3077 60599 SH SOLE 58499 0 0
Du Pont E I De Nemour&Co COM 263534109 1956 48945 SH SOLE 47067 0 0
Diageo Plc New Adr COM 25243Q205 2415 31811 SH SOLE 31331 0 0
Discover Financial Svcs COM 254709108 1606 70000 SH SOLE 70000 0 0
Disney Walt Hldg Co COM 254687106 1532 50783 SH SOLE 49758 0 0
E M C Corp Mass COM 268648102 1045 49762 SH SOLE 47077 0 0
Emerson Electric Co COM 291011104 2207 53426 SH SOLE 50626 0 0
Enterprise Prd Prtnrs Lp COM 293792107 333 8299 SH SOLE 8299 0 0
Express Scripts Inc COM 302182100 1867 50358 SH SOLE 48538 0 0
Fiserv Inc COM 337738108 1440 28355 SH SOLE 27425 0 0
General Dynamics Corp COM 369550108 512 9000 SH SOLE 9000 0 0
General Electric Company COM 369604103 2698 177275 SH SOLE 170209 0 0
Graco Incorporated COM 384109104 205 6000 SH SOLE 6000 0 0
Gilead Sciences Inc COM 375558103 410 10570 SH SOLE 10420 0 0
General Mills Inc COM 370334104 2798 72686 SH SOLE 69132 0 0
Harris Corporation COM 413875105 808 23641 SH SOLE 22756 0 0
Intl Business Machines COM 459200101 3917 22399 SH SOLE 21574 0 0
Intel Corp COM 458140100 3601 168772 SH SOLE 160756 0 0
Johnson & Johnson COM 478160104 4412 69279 SH SOLE 66728 0 0
J. P. Morgan Chase & Co. COM 46625H100 1947 64627 SH SOLE 61713 0 0
Nordstrom Inc COM 655664100 699 15303 SH SOLE 13932 0 0
Kinder Morgan Inc COM 49455P101 3381 130599 SH SOLE 124438 0 0
Coca Cola Company COM 191216100 1273 18846 SH SOLE 17921 0 0
Lowes Companies Inc COM 548661107 476 24594 SH SOLE 24369 0 0
Mc Donalds Corp COM 580135101 4551 51825 SH SOLE 49511 0 0
Altria Group Inc. COM 02209S103 205 7637 SH SOLE 7310 0 0
Monsanto Co New Del COM 61166W101 842 14018 SH SOLE 13693 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
---------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------ ------ ----
Microsoft Corp COM 594918104 275 11039 SH SOLE 11039 0 0
NextEra Energy, Inc COM 65339F101 2293 42445 SH SOLE 40417 0 0
Nike Inc Class B COM 654106103 2704 31625 SH SOLE 30850 0 0
National Presto Inds Inc COM 637215104 356 4100 SH SOLE 4100 0 0
Northern TRUST Corp COM 665859104 415 11861 SH SOLE 11111 0 0
Oracle Corporation COM 68389X105 2984 103812 SH SOLE 100294 0 0
Paychex Inc COM 704326107 1424 53982 SH SOLE 52782 0 0
Pepsico Incorporated COM 713448108 2829 45702 SH SOLE 43902 0 0
Petsmart Inc COM 716768106 2084 48868 SH SOLE 46716 0 0
Pfizer Incorporated COM 717081103 2928 165621 SH SOLE 158970 0 0
Procter & Gamble Co COM 742718109 3880 61413 SH SOLE 59088 0 0
Polaris Industries Inc COM 731068102 471 9429 SH SOLE 7694 0 0
Philip Morris Intl Inc COM 718172109 406 6504 SH SOLE 6250 0 0
Regions Financial Cp New COM 7591EP100 40 12000 SH SOLE 12000 0 0
Raytheon Company New COM 755111507 213 5200 SH SOLE 5200 0 0
Scana Corporation New COM 80589M102 2441 60345 SH SOLE 58091 0 0
Sch St US Trsr Etf ETF 808524862 4254 84203 SH SOLE 84203 0 0
Sch US Tips Etf ETF 808524870 2284 41969 SH SOLE 41669 0 0
Service Corp Intl COM 817565104 354 38633 SH SOLE 38283 0 0
Ishares 1-3 yr T-Bond ETF 464287457 5258 62174 SH SOLE 61274 0 0
Synovus Financial Corp COM 87161C105 18 16500 SH SOLE 16500 0 0
Stericycle Inc COM 858912108 1304 16155 SH SOLE 15500 0 0
Sysco Corporation COM 871829107 1186 45796 SH SOLE 42267 0 0
A T & T Corp COM 00206R102 3346 117311 SH SOLE 112982 0 0
Target Corporation COM 87612E106 852 17376 SH SOLE 16561 0 0
Telus Corp Non Vtg COM 87971M202 1805 39045 SH SOLE 36645 0 0
Union Pacific Corp COM 907818108 1374 16823 SH SOLE 16148 0 0
U S Bancorp Del New COM 902973304 589 25000 SH SOLE 25000 0 0
Vanguard Corp Bond Etf ETF 92206C870 546 6742 SH SOLE 6742 0 0
Vanguard Emerging Market ETF 922042858 610 17019 SH SOLE 15094 0 0
Wells Fargo & Co New COM 949746101 344 14269 SH SOLE 13819 0 0
Weatherford Intl Ltd COM H27013103 164 13450 SH SOLE 11995 0 0
Wal-Mart Stores Inc COM 931142103 3017 58124 SH SOLE 56040 0 0
Weingarten Rlty Invs Sbi COM 948741103 1502 70932 SH SOLE 68482 0 0
Western Union Company COM 959802109 550 36000 SH SOLE 36000 0 0
Exxon Mobil Corporation COM 30231G102 5208 71705 SH SOLE 66587 0 0
Xerox Corp COM 984121103 521 74722 SH SOLE 72922 0 0