0001140361-12-022378.txt : 20120502
0001140361-12-022378.hdr.sgml : 20120502
20120502154053
ACCESSION NUMBER: 0001140361-12-022378
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120331
FILED AS OF DATE: 20120502
DATE AS OF CHANGE: 20120502
EFFECTIVENESS DATE: 20120502
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: 12805141
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: 3/31/2012
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 4/27/2012
--------------------------------- --------------------------------- ----------
[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: $ 197,310
--------------
(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 3995 6664 SH SOLE 6429 0 0
Abbott Laboratories COM 002824100 4334 70712 SH SOLE 66951 0 0
Ace Limited COM H0023R105 2860 39065 SH SOLE 37640 0 0
Accenture PLC CL A COM G1151C101 1732 26850 SH SOLE 25220 0 0
American Electric Techs COM 025576109 314 62974 SH SOLE 49474 0 0
Allergan Inc COM 018490102 381 3992 SH SOLE 3492 0 0
Apache Corp COM 037411105 1430 14240 SH SOLE 13159 0 0
Anadarko Petroleum Corp COM 032511107 818 10441 SH SOLE 10008 0 0
Avon Products Inc COM 054303102 503 25957 SH SOLE 25957 0 0
American Express Company COM 025816109 2884 49837 SH SOLE 49187 0 0
Brookfield Asset Mgmt COM 112585104 2084 66024 SH SOLE 62609 0 0
Baxter International Inc COM 071813109 962 16085 SH SOLE 14985 0 0
Bard C R Incorporated COM 067383109 1621 16420 SH SOLE 15885 0 0
Bunge Limited COM G16962105 1213 17717 SH SOLE 16917 0 0
Bhp Billiton Ltd Adr COM 088606108 2594 35829 SH SOLE 34801 0 0
Brookfield Infra Ptnrs COM G16252101 3029 95847 SH SOLE 91997 0 0
Bank Of Nova Scotia COM 064149107 3054 54500 SH SOLE 52575 0 0
Berkshire Hathaway Cl B COM 084670702 2758 33985 SH SOLE 33085 0 0
Peabody Energy Corp COM 704549104 1575 54401 SH SOLE 52694 0 0
Caterpillar Inc COM 149123101 4295 40326 SH SOLE 38641 0 0
Cullen Frost Bankers COM 229899109 1908 32783 SH SOLE 32578 0 0
C H Robinson Worldwd New COM 12541W209 522 7968 SH SOLE 7543 0 0
Core Laboratories N V COM N22717107 1619 12305 SH SOLE 11655 0 0
Cliffs Natural Resources Inc COM 18683K101 1084 15649 SH SOLE 14774 0 0
Clorox Company COM 189054109 557 8100 SH SOLE 8100 0 0
Compass Minerals Intl COM 20451N101 430 6000 SH SOLE 6000 0 0
Canadian Natl Ry Co COM 136375102 2314 29137 SH SOLE 28185 0 0
Consol Energy Inc COM 20854P109 280 8203 SH SOLE 7453 0 0
Cisco Systems Inc COM 17275R102 2605 123165 SH SOLE 119603 0 0
C V S Caremark Corp COM 126650100 2463 54967 SH SOLE 52867 0 0
Chevron Corp COM 166764100 3541 33025 SH SOLE 31967 0 0
Cypress Semiconductor COM 232806109 391 25040 SH SOLE 24465 0 0
Dominion Res Inc Va New COM 25746U109 3220 62882 SH SOLE 60782 0 0
Du Pont E I De Nemour&Co COM 263534109 2646 50012 SH SOLE 48275 0 0
Diageo Plc New Adr COM 25243Q205 3086 31977 SH SOLE 31497 0 0
Discover Financial Svcs COM 254709108 2334 70000 SH SOLE 70000 0 0
Danaher Corp Del COM 235851102 269 4795 SH SOLE 4795 0 0
Disney Walt Hldg Co COM 254687106 2437 55661 SH SOLE 54436 0 0
E M C Corp Mass COM 268648102 2103 70377 SH SOLE 67692 0 0
Emerson Electric Co COM 291011104 2610 50014 SH SOLE 48314 0 0
Enterprise Prd Prtnrs Lp COM 293792107 419 8299 SH SOLE 8299 0 0
Express Scripts Inc COM 30219G108 2782 51352 SH SOLE 49532 0 0
Fiserv Inc COM 337738108 1992 28710 SH SOLE 27780 0 0
General Dynamics Corp COM 369550108 660 9000 SH SOLE 9000 0 0
General Electric Company COM 369604103 3877 193198 SH SOLE 185092 0 0
Graco Incorporated COM 384109104 212 4000 SH SOLE 4000 0 0
Gilead Sciences Inc COM 375558103 564 11550 SH SOLE 11400 0 0
General Mills Inc COM 370334104 2932 74313 SH SOLE 70749 0 0
Google Inc Class A COM 38259P508 2030 3165 SH SOLE 3080 0 0
Harris Corporation COM 413875105 435 9645 SH SOLE 8756 0 0
Intl Business Machines COM 459200101 4788 22947 SH SOLE 22122 0 0
Intel Corp COM 458140100 4979 177079 SH SOLE 168538 0 0
Johnson & Johnson COM 478160104 4839 73358 SH SOLE 70696 0 0
J. P. Morgan Chase & Co. COM 46625H100 3060 66553 SH SOLE 63129 0 0
Nordstrom Inc COM 655664100 1252 22462 SH SOLE 20287 0 0
Kirby Corporation COM 497266106 863 13120 SH SOLE 11870 0 0
Kinder Morgan Inc COM 49456B101 5032 130188 SH SOLE 123729 0 0
Kinder Morgan Mgmt Llc COM 49455U100 685 9185 SH SOLE 7896 0 0
Coca Cola Company COM 191216100 1396 18865 SH SOLE 17926 0 0
Lowes Companies Inc COM 548661107 422 13463 SH SOLE 13238 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
---------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------ ------ ----
Mc Donalds Corp COM 580135101 5155 52547 SH SOLE 50068 0 0
Altria Group Inc. COM 02209S103 236 7647 SH SOLE 7310 0 0
Monsanto Co New Del COM 61166W101 983 12319 SH SOLE 11994 0 0
Microsoft Corp COM 594918104 982 30444 SH SOLE 29344 0 0
NextEra Energy, Inc COM 65339F101 2902 47504 SH SOLE 45465 0 0
Nike Inc Class B COM 654106103 3591 33111 SH SOLE 32336 0 0
Northern TRUST Corp COM 665859104 459 9663 SH SOLE 8913 0 0
Oracle Corporation COM 68389X105 3033 104000 SH SOLE 100481 0 0
Paychex Inc COM 704326107 1495 48233 SH SOLE 47033 0 0
Pepsico Incorporated COM 713448108 2880 43399 SH SOLE 41599 0 0
Petsmart Inc COM 716768106 3217 56219 SH SOLE 53938 0 0
Pfizer Incorporated COM 717081103 3991 176262 SH SOLE 169080 0 0
Procter & Gamble Co COM 742718109 4455 66283 SH SOLE 63653 0 0
Polaris Industries Inc COM 731068102 1391 19275 SH SOLE 17533 0 0
Philip Morris Intl Inc COM 718172109 510 5760 SH SOLE 5500 0 0
Regions Financial Cp New COM 7591EP100 94 14250 SH SOLE 14250 0 0
Raytheon Company New COM 755111507 274 5200 SH SOLE 5200 0 0
Scana Corporation New COM 80589M102 2738 60026 SH SOLE 57769 0 0
Sch St US Trsr Etf ETF 808524862 4178 82868 SH SOLE 82868 0 0
Sch US Tips Etf ETF 808524870 3773 67430 SH SOLE 67229 0 0
Service Corp Intl COM 817565104 416 36926 SH SOLE 36576 0 0
Ishares 1-3 yr T-Bond ETF 464287457 498 5902 SH SOLE 5251 0 0
Synovus Financial Corp COM 87161C105 47 23000 SH SOLE 23000 0 0
Stericycle Inc COM 858912108 578 6915 SH SOLE 6585 0 0
Sysco Corporation COM 871829107 1434 48021 SH SOLE 44696 0 0
A T & T Corp COM 00206R102 3890 124555 SH SOLE 120194 0 0
Target Corporation COM 87612E106 318 5453 SH SOLE 4888 0 0
Thomson Reuters Corp COM 884903105 1040 36000 SH SOLE 36000 0 0
Telus Corp Non Vtg COM 87971M202 2432 42789 SH SOLE 40380 0 0
United Healthcare Cor COM 91324P102 432 7325 SH SOLE 6825 0 0
Union Pacific Corp COM 907818108 2083 19383 SH SOLE 18648 0 0
U S Bancorp Del New COM 902973304 792 25000 SH SOLE 25000 0 0
Vanguard Corp Bond Etf ETF 92206C870 547 6533 SH SOLE 6533 0 0
Vanguard Emerging Market COM 922042858 698 16057 SH SOLE 14122 0 0
Wells Fargo & Co New COM 949746101 684 20039 SH SOLE 19589 0 0
Weatherford Intl Ltd COM H27013103 252 16725 SH SOLE 14820 0 0
Wal-Mart Stores Inc COM 931142103 3925 64133 SH SOLE 61949 0 0
Weingarten Rlty Invs Sbi COM 948741103 1972 74610 SH SOLE 72160 0 0
Western Union Company COM 959802109 246 14000 SH SOLE 14000 0 0
Exxon Mobil Corporation COM 30231G102 6311 72765 SH SOLE 67851 0 0
Xerox Corp COM 984121103 304 37622 SH SOLE 37622 0 0