Institution

Montag & Caldwell, LLC

13F for June 30, 2025, filed August 15, 2025 · SEC CIK 67698 · Holdings history from March 31, 1999

The latest available holdings for this manager are dated June 30, 2025.

Reported value: $456.8m
Positions we cover: 92
Copy, a year: +13.7%
Copy Sharpe ratio: 0.73

Copy-performance statistics: August 16, 2013 to November 28, 2025. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

Reports holdings for BNP Paribas · SEC notice for June 30, 2013

Holdings date Find a security

113 reported entries for June 30, 2025.

Issuer	Class / type	Reported value	Quantity
TERADYNE INC880770102 · TER	COM	$574,679	6,391
THERMO FISHER SCIENTIFIC INC883556102 · TMO	COM	$58,474	99
TJX COS INC NEW872540109 · TJX	COM	$774,776	6,274
TRANSUNION89400J107 · TRU	COM	$1.2m	14,008
TRUIST FINL CORP89832Q109 · TFC	COM	$626,020	14,562
UBER TECHNOLOGIES INC90353T100 · UBER	COM	$13.8m	147,625
UMH PPTYS INC903002103 · UMH	COM	$115,851	6,900
UNITEDHEALTH GROUP INC91324P102 · UNH	COM	$113,557	364
VEEVA SYS INC922475108 · VEEV	CL A COM	$1.6m	5,555
VISA INC92826C839 · V	COM CL A	$19.6m	55,278
WALMART INC931142103 · WMT	COM	$293,340	3,000
WORKDAY INC98138H101 · WDAY	CL A	$6.7m	28,053
ZOETIS INC98978V103 · ZTS	CL A	$11.6m	74,139

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

CopyS&P 500 $10,000 copying Montag & Caldwell, LLC's usable filed holdings in companies we cover from August 16, 2013, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −30.2% (S&P 500 −31.8%); beta 1.01; alpha −0.4% a year (t = −0.26); last 12 months +7.5% against +16.1%.

Reported value by quarter

Montag & Caldwell, LLC: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.

View chart data

Period	Reported value
2013-06-30	$13.3B
2013-09-30	$13.3B
2013-12-31	$13.4B
2014-03-31	$11.4B
2014-06-30	$11.1B
2014-09-30	$9.6B
2014-12-31	$9.1B
2015-03-31	$8.2B
2015-06-30	$7B
2015-09-30	$6B
2015-12-31	$5.4B
2016-03-31	$5.4B
2016-06-30	$4.9B
2016-09-30	$4.8B
2016-12-31	$4.1B
2017-03-31	$3.5B
2017-06-30	$3.4B
2017-09-30	$3.2B
2017-12-31	$3.2B
2018-03-31	$2.8B
2018-06-30	$2.5B
2018-09-30	$2.6B
2018-12-31	$1.8B
2019-03-31	$1.9B
2019-06-30	$1.9B
2019-09-30	$1.9B
2019-12-31	$2.1B
2020-03-31	$1.5B
2020-06-30	$1.5B
2020-09-30	$1.6B
2020-12-31	$1.8B
2021-03-31	$1.1B
2021-06-30	$1.1B
2021-09-30	$1.1B
2021-12-31	$1B
2022-03-31	$898.1M
2022-06-30	$689.1M
2022-09-30	$673.4M
2022-12-31	$689.3M
2023-03-31	$744.5M
2023-06-30	$819.6M
2023-09-30	$778.8M
2023-12-31	$573.2M
2024-03-31	$580.4M
2024-06-30	$495.1M
2024-09-30	$492.3M
2024-12-31	$468.7M
2025-03-31	$431M
2025-06-30	$456.8M

Latest covered holdings and moves

Covered holdings as of June 30, 2025.

Company	Share of portfolio	Value	Shares	Change in shares
VVisa Inc.	4.30%	$19.6m	55.3K	−2.6% Reduced
MSFTMicrosoft Corporation	4.29%	$19.6m	39.4K	−2.9% Reduced
INTUIntuit	4.23%	$19.3m	24.5K	−3.0% Reduced
GOOGLAlphabet Inc. (Class A)	4.02%	$18.4m	104.3K	−2.7% Reduced
AMZNAmazon	3.81%	$17.4m	79.3K	−31.7% Reduced
NVDANVIDIA Corporation	3.63%	$16.6m	104.9K	+21.9% Added
PANWPalo Alto Networks	3.57%	$16.3m	79.7K	+75.4% Added
MNSTMonster Beverage	3.48%	$15.9m	253.9K	−2.2% Reduced
SYKStryker Corporation	3.45%	$15.8m	39.9K	+6.9% Added
ASMLAsml Holding NV	3.32%	$15.2m	18.9K	−2.0% Reduced
TTWOTake TWO Interactive Software Inc	3.24%	$14.8m	60.9K	−29.2% Reduced
CMGChipotle Mexican Grill	3.17%	$14.5m	257.6K	−2.8% Reduced
ABTAbbott Laboratories	3.16%	$14.4m	106.1K	−3.7% Reduced
ICEIntercontinental Exchange	3.12%	$14.2m	77.6K	−4.7% Reduced
UBERUber	3.02%	$13.8m	147.6K	+0.3%
NFLXNetflix	3.01%	$13.7m	10.3K	−10.8% Reduced
LLYLilly (Eli)	2.99%	$13.7m	17.5K	+36.9% Added
SCHWCharles Schwab Corporation	2.99%	$13.7m	149.6K	−4.7% Reduced
NOWServiceNow	2.88%	$13.2m	12.8K	−2.9% Reduced
SPGIS&P Global	2.75%	$12.6m	23.8K	−4.8% Reduced
AAPLApple Inc.	2.58%	$11.8m	57.3K	−40.9% Reduced
ZTSZoetis	2.53%	$11.6m	74.1K	−4.4% Reduced
LOWLowe's	2.40%	$10.9m	49.3K	−7.7% Reduced
ADBEAdobe Inc.	2.09%	$9.5m	24.7K	−2.8% Reduced
KOThe Coca-Cola Company	1.91%	$8.7m	123.5K	0.0%
ACNAccenture	1.80%	$8.2m	27.9K	−4.5% Reduced
ANETArista Networks	1.79%	$8.2m	80.0K	New
JBHTJ.B. Hunt	1.77%	$8.1m	56.4K	+39.6% Added
EWEdwards Lifesciences	1.55%	$7.1m	90.4K	+2.2% Added
WDAYWorkday, Inc.	1.47%	$6.7m	28.1K	−7.1% Reduced
PINSPinterest, Inc.	0.35%	$1.6m	44.9K	+13.2% Added
VEEVVeeva Systems Inc	0.35%	$1.6m	5.6K	0.0%
RJFRaymond James Financial	0.35%	$1.6m	10.4K	+1.8% Added
GLWCorning Inc.	0.32%	$1.5m	27.8K	0.0%
COSTCostco	0.31%	$1.4m	1.4K	0.0%
DASHDoorDash	0.31%	$1.4m	5.7K	+65.0% Added
METAMeta Platforms	0.30%	$1.4m	1.8K	+14.0% Added
ALCAlcon Inc	0.28%	$1.3m	14.6K	0.0%
PRMBPrimo Brands Corp	0.28%	$1.3m	43.1K	0.0%
CPAYCorpay	0.28%	$1.3m	3.8K	0.0%
TELTE Connectivity	0.27%	$1.2m	7.4K	0.0%
TRUTransunion	0.27%	$1.2m	14.0K	0.0%
HDThe Home Depot	0.26%	$1.2m	3.3K	0.0%
MRVLMarvell Technology	0.26%	$1.2m	15.3K	+49.7% Added
BRBroadridge Financial Solutions	0.25%	$1.1m	4.7K	0.0%
LHLabcorp	0.24%	$1.1m	4.2K	0.0%
AMEAmetek	0.24%	$1.1m	6.0K	0.0%
CPRTCopart	0.23%	$1.0m	21.2K	+28.5% Added
EEFTEuronet Worldwide, Inc.	0.22%	$1.0m	10.0K	0.0%
APTVAptiv	0.21%	$954,125	14.0K	0.0%
GMEDGlobus Medical Inc	0.20%	$913,630	15.5K	+70.1% Added
CHDChurch & Dwight	0.19%	$848,459	8.8K	0.0%
TEAMAtlassian Corp	0.17%	$774,789	3.8K	New
TJXTJX Companies	0.17%	$774,776	6.3K	0.0%
ORCLOracle Corporation	0.15%	$708,143	3.2K	0.0%
GPNGlobal Payments	0.14%	$644,402	8.1K	0.0%
TFCTruist Financial	0.14%	$626,020	14.6K	0.0%
ABBVAbbVie	0.13%	$597,882	3.2K	0.0%
TERTeradyne	0.13%	$574,679	6.4K	0.0%
PGProcter & Gamble	0.12%	$535,793	3.4K	0.0%
CORCencora	0.10%	$476,462	1.6K	0.0%
CSCOCisco	0.10%	$438,551	6.3K	0.0%
AVGOBroadcom	0.09%	$410,719	1.5K	0.0%
PEPPepsiCo	0.09%	$397,176	3.0K	0.0%
QCOMQualcomm	0.09%	$391,461	2.5K	−3.3% Reduced
MCDMcDonald's	0.08%	$384,204	1.3K	0.0%
JNJJohnson & Johnson	0.08%	$369,502	2.4K	0.0%
MDLZMondelez International	0.07%	$314,810	4.7K	−5.9% Reduced
APHAmphenol	0.07%	$302,884	3.1K	0.0%
WMTWalmart	0.06%	$293,340	3.0K	0.0%
CLColgate-Palmolive	0.05%	$231,613	2.5K	0.0%
NKENike, Inc.	0.04%	$174,775	2.3K	0.0%
MAMastercard	0.03%	$151,724	270	0.0%
CVXChevron Corporation	0.03%	$143,190	1.0K	0.0%
SHWSherwin-Williams	0.03%	$124,983	364	−50.5% Reduced
UMHUMH Properties, Inc.	0.03%	$115,851	6.9K	0.0%
UNHUnitedHealth Group	0.03%	$113,557	364	−97.5% Reduced
AMDAdvanced Micro Devices	0.02%	$106,425	750	0.0%
JPMJPMorgan Chase	0.02%	$86,973	300	0.0%
MRKMerck & Co.	0.02%	$83,276	1.1K	0.0%
IBMIBM	0.02%	$79,591	270	0.0%
SHAKShake Shack Inc.	0.02%	$73,815	525	0.0%
BACBank of America	0.02%	$70,980	1.5K	0.0%
BMOBank Of Montreal	0.01%	$68,259	617	0.0%
TMOThermo Fisher Scientific	0.01%	$58,474	99	−99.1% Reduced
DUKDuke Energy	0.01%	$38,940	330	0.0%
ARCCAres Capital Corp	0.01%	$32,940	1.5K	0.0%
APDAir Products	0.01%	$29,239	117	−21.5% Reduced
HSYThe Hershey Company	0.01%	$24,892	150	0.0%
BMYBristol Myers Squibb	0.00%	$13,887	300	0.0%
WTRGEssential Utilities, Inc.	0.00%	$9,285	250	0.0%
PFEPfizer	0.00%	$3,636	150	0.0%

Company	Bought (value)	Shares
ANETArista Networks	$8.2m	80.0K
PANWPalo Alto Networks	$7.0m	34.2K
LLYLilly (Eli)	$3.7m	4.7K
NVDANVIDIA Corporation	$3.0m	18.8K
JBHTJ.B. Hunt	$2.3m	16.0K
SYKStryker Corporation	$1.0m	2.6K
TEAMAtlassian Corp	$774,789	3.8K
DASHDoorDash	$554,401	2.2K
MRVLMarvell Technology	$391,721	5.1K
GMEDGlobus Medical Inc	$376,489	6.4K
CPRTCopart	$229,942	4.7K
PINSPinterest, Inc.	$187,978	5.2K
METAMeta Platforms	$166,808	226
EWEdwards Lifesciences	$151,727	1.9K
UBERUber	$42,078	451

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
AAPLApple Inc.	−$8.2m	−39.8K
AMZNAmazon	−$8.1m	−36.7K
TMOThermo Fisher Scientific	−$6.3m	−10.7K
TTWOTake TWO Interactive Software Inc	−$6.1m	−25.2K
UNHUnitedHealth Group	−$4.4m	−14.1K
NFLXNetflix	−$1.7m	−1.2K
LOWLowe's	−$918,098	−4.1K
ICEIntercontinental Exchange	−$700,672	−3.8K
SCHWCharles Schwab Corporation	−$672,895	−7.4K
SPGIS&P Global	−$628,002	−1.2K
INTUIntuit	−$600,962	−763
MSFTMicrosoft Corporation	−$593,908	−1.2K
ABTAbbott Laboratories	−$556,825	−4.1K
ZTSZoetis	−$537,092	−3.4K
VVisa Inc.	−$519,793	−1.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
AMPAmeriprise Financial	$13,071	27
ROSTRoss Stores	$10,607	83
CMICummins	$10,344	33
BLKBlackRock	$9,465	10
ADIAnalog Devices	$9,075	45
TRVThe Travelers Companies	$7,669	29
DCIDonaldson Co Inc	$7,578	113
UNPUnion Pacific Corporation	$7,323	31
RTXRTX Corporation	$6,755	51
ITWIllinois Tool Works	$6,696	27
CSLCarlisle Companies Inc	$5,788	17
MDTMedtronic	$4,403	49
BDXBecton Dickinson	$4,352	19
HRLHormel Foods	$4,177	135
TROWT. Rowe Price	$3,675	40
IFFInternational Flavors & Fragrances	$2,639	34
ALBAlbemarle Corporation	$1,728	24
PIIPolaris Inc.	$1,679	41
VFCVF Corporation	$497	32
KTBKontoor Brands, Inc.	$128	2

Technology34.5%
Health Care15.7%
Financials14.9%
Communication Services11.3%
Consumer Discretionary10.8%
Consumer Staples6.8%
Industrials6.0%
Materials0.0%
Energy0.0%
Utilities0.0%
Real Estate0.0%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 28, 2025	+13.7%	+14.2%	0.73	0.78	−30.2%	1.01
2018 onwardsJanuary 5, 2018 to November 28, 2025	+13.4%	+14.1%	0.60	0.66	−30.2%	1.01
Last three yearsDecember 2, 2022 to November 28, 2025	+14.0%	+20.6%	0.62	1.02	−15.3%	0.97
Last yearNovember 29, 2024 to November 28, 2025	+6.4%	+14.8%	0.20	0.64	−15.3%	0.93

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.