undamentalytics Newsletter

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
97% in companies we cover
Positions we cover
92
Largest V 4.3%
Copy, a year
+13.7%
S&P 500 +14.2%
Copy Sharpe ratio
0.73
S&P 500 0.78

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.

113 reported entries for June 30, 2025.

IssuerClass / typeReported valueQuantity
ABBOTT LABS002824100 · ABT COM $14.4m 106,093
ABBVIE INC00287Y109 · ABBV COM $597,882 3,221
ACCENTURE PLC IRELANDG1151C101 · ACN SHS CLASS A $8.2m 27,888
ADOBE INC00724F101 · ADBE COM $9.5m 24,659
ADVANCED MICRO DEVICES INC007903107 · AMD COM $106,425 750
AIR PRODS & CHEMS INC009158106 · APD COM $29,239 117
ALCON AGH01301128 · ALC ORD SHS $1.3m 14,611
ALPHABET INC02079K107 CAP STK CL C $786,547 4,434
ALPHABET INC02079K305 · GOOGL CAP STK CL A $18.4m 104,263
AMAZON COM INC023135106 · AMZN COM $17.4m 79,260
AMETEK INC031100100 · AME COM $1.1m 6,037
AMPHENOL CORP NEW032095101 · APH CL A $302,884 3,134
APPLE INC037833100 · AAPL COM $11.8m 57,346
APTIV PLCG3265R107 · APTV COM SHS $954,125 13,986
ARES CAPITAL CORP04010L103 · ARCC COM $32,940 1,500
ARISTA NETWORKS INC040413205 · ANET COM SHS $8.2m 79,995
ASML HOLDING N VN07059210 · ASML N Y REGISTRY SHS $15.2m 18,926
ATLASSIAN CORPORATION049468101 · TEAM CL A $774,789 3,815
BANK AMERICA CORP060505104 · BAC COM $70,980 1,500
BANK MONTREAL QUE063671101 · BMO COM $68,259 617
BP PLC055622104 SPONSORED ADR $31,666 1,058
BRISTOL-MYERS SQUIBB CO110122108 · BMY COM $13,887 300
BROADCOM INC11135F101 · AVGO COM $410,719 1,490
BROADRIDGE FINL SOLUTIONS IN11133T103 · BR COM $1.1m 4,730
CENCORA INC03073E105 · COR COM $476,462 1,589
CHEVRON CORP NEW166764100 · CVX COM $143,190 1,000
CHIPOTLE MEXICAN GRILL INC169656105 · CMG COM $14.5m 257,636
CHURCH & DWIGHT CO INC171340102 · CHD COM $848,459 8,828
CISCO SYS INC17275R102 · CSCO COM $438,551 6,321
COCA COLA CO191216100 · KO COM $8.7m 123,503
COLGATE PALMOLIVE CO194162103 · CL COM $231,613 2,548
COPART INC217204106 · CPRT COM $1.0m 21,152
CORNING INC219350105 · GLW COM $1.5m 27,808
CORPAY INC219948106 · CPAY COM SHS $1.3m 3,838
COSTCO WHSL CORP NEW22160K105 · COST COM $1.4m 1,443
DOORDASH INC25809K105 · DASH CL A $1.4m 5,711
DUKE ENERGY CORP NEW26441C204 · DUK COM NEW $38,940 330
EATON VANCE TAX-MANAGED GLOB27829F108 COM $481 55
EDWARDS LIFESCIENCES CORP28176E108 · EW COM $7.1m 90,353
ELECTRONIC ARTS INC285512109 COM $303,270 1,899
ELI LILLY & CO532457108 · LLY COM $13.7m 17,546
ESSENTIAL UTILS INC29670G102 · WTRG COM $9,285 250
EURONET WORLDWIDE INC298736109 · EEFT COM $1.0m 10,005
EXXON MOBIL CORP30231G102 COM $484,345 4,493
FIDELITY COVINGTON TRUST316092527 SML MID MLTFCT $697,484 16,819
FRANKLIN TEMPLETON ETF TR35473P769 FRANKLIN INDIA $422,556 10,609
GLOBAL PMTS INC37940X102 · GPN COM $644,402 8,051
GLOBUS MED INC379577208 · GMED CL A $913,630 15,480
HERSHEY CO427866108 · HSY COM $24,892 150
HOME DEPOT INC437076102 · HD COM $1.2m 3,250
HONEYWELL INTL INC438516106 COM $41,453 178
HUNT J B TRANS SVCS INC445658107 · JBHT COM $8.1m 56,407
INTERCONTINENTAL EXCHANGE IN45866F104 · ICE COM $14.2m 77,641
INTERNATIONAL BUSINESS MACHS459200101 · IBM COM $79,591 270
INTUIT461202103 · INTU COM $19.3m 24,546
INVESCO ACTVELY MNGD ETC FD46090F100 OPTIMUM YIELD $42,458 3,256
INVESCO EXCHANGE TRADED FD T46137V357 S&P500 EQL WGT $1.3m 7,315
ISHARES TR464288596 GOV/CRED BD ETF $546,984 5,237
ISHARES TR46434V621 CORE DIV GRWTH $688,698 10,771
ISHARES TR464288885 EAFE GRWTH ETF $866,096 7,733
ISHARES TR46432F842 CORE MSCI EAFE $1.4m 17,030
ISHARES TR464288612 INTRM GOV CR ETF $3.1m 29,325
JOHNSON & JOHNSON478160104 · JNJ COM $369,502 2,419
JPMORGAN CHASE & CO.46625H100 · JPM COM $86,973 300
LABCORP HOLDINGS INC504922105 · LH COM SHS $1.1m 4,179
LOWES COS INC548661107 · LOW COM $10.9m 49,320
MARVELL TECHNOLOGY INC573874104 · MRVL COM $1.2m 15,252
MASTERCARD INCORPORATED57636Q104 · MA CL A $151,724 270
MCDONALDS CORP580135101 · MCD COM $384,204 1,315
MERCK & CO INC58933Y105 · MRK COM $83,276 1,052
META PLATFORMS INC30303M102 · META CL A $1.4m 1,838
MICROSOFT CORP594918104 · MSFT COM $19.6m 39,374
MONDELEZ INTL INC609207105 · MDLZ CL A $314,810 4,668
MONSTER BEVERAGE CORP NEW61174X109 · MNST COM $15.9m 253,910
NETFLIX INC64110L106 · NFLX COM $13.7m 10,261
NIKE INC654106103 · NKE CL B $174,775 2,327
NVIDIA CORPORATION67066G104 · NVDA COM $16.6m 104,921
ORACLE CORP68389X105 · ORCL COM $708,143 3,239
PALO ALTO NETWORKS INC697435105 · PANW COM $16.3m 79,659
PEPSICO INC713448108 · PEP COM $397,176 3,008
PFIZER INC717081103 · PFE COM $3,636 150
PINTEREST INC72352L106 · PINS CL A $1.6m 44,856
PRIMO BRANDS CORPORATION741623102 · PRMB CLASS A COM SHS $1.3m 43,076
PROCTER AND GAMBLE CO742718109 · PG COM $535,793 3,363
QUALCOMM INC747525103 · QCOM COM $391,461 2,458
RAYMOND JAMES FINL INC754730109 · RJF COM $1.6m 10,426
S&P GLOBAL INC78409V104 · SPGI COM $12.6m 23,826
SCHWAB CHARLES CORP808513105 · SCHW COM $13.7m 149,635
SCHWAB STRATEGIC TR808524409 US LCAP VA ETF $1.0m 37,201
SCHWAB STRATEGIC TR808524300 US LCAP GR ETF $1.9m 64,024
SELECT SECTOR SPDR TR81369Y209 SBI HEALTHCARE $535,521 3,973
SELECT SECTOR SPDR TR81369Y704 INDL $679,477 4,606
SERVICENOW INC81762P102 · NOW COM $13.2m 12,801
SHAKE SHACK INC819047101 · SHAK CL A $73,815 525
SHERWIN WILLIAMS CO824348106 · SHW COM $124,983 364
SIMPLIFY EXCHANGE TRADED FUN82889N525 MBS ETF $381,235 7,611
SONY GROUP CORP835699307 SPONSORED ADR $13,015 500
STRYKER CORPORATION863667101 · SYK COM $15.8m 39,887
TAKE-TWO INTERACTIVE SOFTWAR874054109 · TTWO COM $14.8m 60,895
TE CONNECTIVITY PLCG87052109 · TEL ORD SHS $1.2m 7,382

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

$10.0k$20.0k$40.0k 2013201520172019202120232025 $51.0k$48.4k
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.
$0 $5B $10B $15B Reported value, 2013-06-30: $13.3B Reported value, 2013-09-30: $13.3B Reported value, 2013-12-31: $13.4B Reported value, 2014-03-31: $11.4B Reported value, 2014-06-30: $11.1B Reported value, 2014-09-30: $9.6B Reported value, 2014-12-31: $9.1B Reported value, 2015-03-31: $8.2B Reported value, 2015-06-30: $7B Reported value, 2015-09-30: $6B Reported value, 2015-12-31: $5.4B Reported value, 2016-03-31: $5.4B Reported value, 2016-06-30: $4.9B Reported value, 2016-09-30: $4.8B Reported value, 2016-12-31: $4.1B Reported value, 2017-03-31: $3.5B Reported value, 2017-06-30: $3.4B Reported value, 2017-09-30: $3.2B Reported value, 2017-12-31: $3.2B Reported value, 2018-03-31: $2.8B Reported value, 2018-06-30: $2.5B Reported value, 2018-09-30: $2.6B Reported value, 2018-12-31: $1.8B Reported value, 2019-03-31: $1.9B Reported value, 2019-06-30: $1.9B Reported value, 2019-09-30: $1.9B Reported value, 2019-12-31: $2.1B Reported value, 2020-03-31: $1.5B Reported value, 2020-06-30: $1.5B Reported value, 2020-09-30: $1.6B Reported value, 2020-12-31: $1.8B Reported value, 2021-03-31: $1.1B Reported value, 2021-06-30: $1.1B Reported value, 2021-09-30: $1.1B Reported value, 2021-12-31: $1B Reported value, 2022-03-31: $898.1M Reported value, 2022-06-30: $689.1M Reported value, 2022-09-30: $673.4M Reported value, 2022-12-31: $689.3M Reported value, 2023-03-31: $744.5M Reported value, 2023-06-30: $819.6M Reported value, 2023-09-30: $778.8M Reported value, 2023-12-31: $573.2M Reported value, 2024-03-31: $580.4M Reported value, 2024-06-30: $495.1M Reported value, 2024-09-30: $492.3M Reported value, 2024-12-31: $468.7M Reported value, 2025-03-31: $431M Reported value, 2025-06-30: $456.8M 2013-06-30 2015-12-31 2018-06-30 2020-12-31 2023-06-30 2025-06-30 $456.8M
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.

CompanyShare of portfolioValueSharesChange in shares
VVisa Inc.4.30%$19.6m55.3K−2.6% Reduced
MSFTMicrosoft Corporation4.29%$19.6m39.4K−2.9% Reduced
INTUIntuit4.23%$19.3m24.5K−3.0% Reduced
GOOGLAlphabet Inc. (Class A)4.02%$18.4m104.3K−2.7% Reduced
AMZNAmazon3.81%$17.4m79.3K−31.7% Reduced
NVDANVIDIA Corporation3.63%$16.6m104.9K+21.9% Added
PANWPalo Alto Networks3.57%$16.3m79.7K+75.4% Added
MNSTMonster Beverage3.48%$15.9m253.9K−2.2% Reduced
SYKStryker Corporation3.45%$15.8m39.9K+6.9% Added
ASMLAsml Holding NV3.32%$15.2m18.9K−2.0% Reduced
TTWOTake TWO Interactive Software Inc3.24%$14.8m60.9K−29.2% Reduced
CMGChipotle Mexican Grill3.17%$14.5m257.6K−2.8% Reduced
ABTAbbott Laboratories3.16%$14.4m106.1K−3.7% Reduced
ICEIntercontinental Exchange3.12%$14.2m77.6K−4.7% Reduced
UBERUber3.02%$13.8m147.6K+0.3%
NFLXNetflix3.01%$13.7m10.3K−10.8% Reduced
LLYLilly (Eli)2.99%$13.7m17.5K+36.9% Added
SCHWCharles Schwab Corporation2.99%$13.7m149.6K−4.7% Reduced
NOWServiceNow2.88%$13.2m12.8K−2.9% Reduced
SPGIS&P Global2.75%$12.6m23.8K−4.8% Reduced
AAPLApple Inc.2.58%$11.8m57.3K−40.9% Reduced
ZTSZoetis2.53%$11.6m74.1K−4.4% Reduced
LOWLowe's2.40%$10.9m49.3K−7.7% Reduced
ADBEAdobe Inc.2.09%$9.5m24.7K−2.8% Reduced
KOThe Coca-Cola Company1.91%$8.7m123.5K0.0%
ACNAccenture1.80%$8.2m27.9K−4.5% Reduced
ANETArista Networks1.79%$8.2m80.0KNew
JBHTJ.B. Hunt1.77%$8.1m56.4K+39.6% Added
EWEdwards Lifesciences1.55%$7.1m90.4K+2.2% Added
WDAYWorkday, Inc.1.47%$6.7m28.1K−7.1% Reduced
PINSPinterest, Inc.0.35%$1.6m44.9K+13.2% Added
VEEVVeeva Systems Inc0.35%$1.6m5.6K0.0%
RJFRaymond James Financial0.35%$1.6m10.4K+1.8% Added
GLWCorning Inc.0.32%$1.5m27.8K0.0%
COSTCostco0.31%$1.4m1.4K0.0%
DASHDoorDash0.31%$1.4m5.7K+65.0% Added
METAMeta Platforms0.30%$1.4m1.8K+14.0% Added
ALCAlcon Inc0.28%$1.3m14.6K0.0%
PRMBPrimo Brands Corp0.28%$1.3m43.1K0.0%
CPAYCorpay0.28%$1.3m3.8K0.0%
TELTE Connectivity0.27%$1.2m7.4K0.0%
TRUTransunion0.27%$1.2m14.0K0.0%
HDThe Home Depot0.26%$1.2m3.3K0.0%
MRVLMarvell Technology0.26%$1.2m15.3K+49.7% Added
BRBroadridge Financial Solutions0.25%$1.1m4.7K0.0%
LHLabcorp0.24%$1.1m4.2K0.0%
AMEAmetek0.24%$1.1m6.0K0.0%
CPRTCopart0.23%$1.0m21.2K+28.5% Added
EEFTEuronet Worldwide, Inc.0.22%$1.0m10.0K0.0%
APTVAptiv0.21%$954,12514.0K0.0%
GMEDGlobus Medical Inc0.20%$913,63015.5K+70.1% Added
CHDChurch & Dwight0.19%$848,4598.8K0.0%
TEAMAtlassian Corp0.17%$774,7893.8KNew
TJXTJX Companies0.17%$774,7766.3K0.0%
ORCLOracle Corporation0.15%$708,1433.2K0.0%
GPNGlobal Payments0.14%$644,4028.1K0.0%
TFCTruist Financial0.14%$626,02014.6K0.0%
ABBVAbbVie0.13%$597,8823.2K0.0%
TERTeradyne0.13%$574,6796.4K0.0%
PGProcter & Gamble0.12%$535,7933.4K0.0%
CORCencora0.10%$476,4621.6K0.0%
CSCOCisco0.10%$438,5516.3K0.0%
AVGOBroadcom0.09%$410,7191.5K0.0%
PEPPepsiCo0.09%$397,1763.0K0.0%
QCOMQualcomm0.09%$391,4612.5K−3.3% Reduced
MCDMcDonald's0.08%$384,2041.3K0.0%
JNJJohnson & Johnson0.08%$369,5022.4K0.0%
MDLZMondelez International0.07%$314,8104.7K−5.9% Reduced
APHAmphenol0.07%$302,8843.1K0.0%
WMTWalmart0.06%$293,3403.0K0.0%
CLColgate-Palmolive0.05%$231,6132.5K0.0%
NKENike, Inc.0.04%$174,7752.3K0.0%
MAMastercard0.03%$151,7242700.0%
CVXChevron Corporation0.03%$143,1901.0K0.0%
SHWSherwin-Williams0.03%$124,983364−50.5% Reduced
UMHUMH Properties, Inc.0.03%$115,8516.9K0.0%
UNHUnitedHealth Group0.03%$113,557364−97.5% Reduced
AMDAdvanced Micro Devices0.02%$106,4257500.0%
JPMJPMorgan Chase0.02%$86,9733000.0%
MRKMerck & Co.0.02%$83,2761.1K0.0%
IBMIBM0.02%$79,5912700.0%
SHAKShake Shack Inc.0.02%$73,8155250.0%
BACBank of America0.02%$70,9801.5K0.0%
BMOBank Of Montreal0.01%$68,2596170.0%
TMOThermo Fisher Scientific0.01%$58,47499−99.1% Reduced
DUKDuke Energy0.01%$38,9403300.0%
ARCCAres Capital Corp0.01%$32,9401.5K0.0%
APDAir Products0.01%$29,239117−21.5% Reduced
HSYThe Hershey Company0.01%$24,8921500.0%
BMYBristol Myers Squibb0.00%$13,8873000.0%
WTRGEssential Utilities, Inc.0.00%$9,2852500.0%
PFEPfizer0.00%$3,6361500.0%
CompanyBought (value)Shares
ANETArista Networks$8.2m80.0K
PANWPalo Alto Networks$7.0m34.2K
LLYLilly (Eli)$3.7m4.7K
NVDANVIDIA Corporation$3.0m18.8K
JBHTJ.B. Hunt$2.3m16.0K
SYKStryker Corporation$1.0m2.6K
TEAMAtlassian Corp$774,7893.8K
DASHDoorDash$554,4012.2K
MRVLMarvell Technology$391,7215.1K
GMEDGlobus Medical Inc$376,4896.4K
CPRTCopart$229,9424.7K
PINSPinterest, Inc.$187,9785.2K
METAMeta Platforms$166,808226
EWEdwards Lifesciences$151,7271.9K
UBERUber$42,078451

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

CompanySold (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.

CompanyValue last quarterShares
AMPAmeriprise Financial$13,07127
ROSTRoss Stores$10,60783
CMICummins$10,34433
BLKBlackRock$9,46510
ADIAnalog Devices$9,07545
TRVThe Travelers Companies$7,66929
DCIDonaldson Co Inc$7,578113
UNPUnion Pacific Corporation$7,32331
RTXRTX Corporation$6,75551
ITWIllinois Tool Works$6,69627
CSLCarlisle Companies Inc$5,78817
MDTMedtronic$4,40349
BDXBecton Dickinson$4,35219
HRLHormel Foods$4,177135
TROWT. Rowe Price$3,67540
IFFInternational Flavors & Fragrances$2,63934
ALBAlbemarle Corporation$1,72824
PIIPolaris Inc.$1,67941
VFCVF Corporation$49732
KTBKontoor Brands, Inc.$1282
  • 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.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to November 28, 2025+13.7%+14.2%0.730.78−30.2%1.01
2018 onwardsJanuary 5, 2018 to November 28, 2025+13.4%+14.1%0.600.66−30.2%1.01
Last three yearsDecember 2, 2022 to November 28, 2025+14.0%+20.6%0.621.02−15.3%0.97
Last yearNovember 29, 2024 to November 28, 2025+6.4%+14.8%0.200.64−15.3%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.