13F-HR 1 c61236e13fvhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2010 Check here if Amendment [ ]; Amendment Number: __________ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holding entries. Institutional Investment Manager Filing this Report: Name: McCarthy Group Advisors, L.L.C. Address: 1125 South 103rd Street, Suite 580 Omaha, Nebraska 68124 Form 13F File Number: 28-10977 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 form. Person Signing this Report on Behalf of Reporting Manager: Name: Andrea McMahon Title: Treasurer Phone: (402) 393-1300 Signature, Place, and Date of Signing: /s/ Andrea McMahon Omaha, Nebraska 11/9/10 ------------------------------------- ----------------------- -------------- [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 is 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: [If there are no entries in this list, omit this section.] Form 13F File Number Name -------------------- ------------------------ 28- ________________ ________________________ [Repeat as necessary.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 127 Form 13F Information Table Value Total: $294,961 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other that the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name ---- -------------------- -------------------- NONE 28- 10990 MGA Holdings, L.L.C. [Repeat as necessary.] McCarthy Group Advisors, L.L.C. FORM 13F 30-Sep-10

L-3 Communications Hldgs COM 502424104 206 2844 SH Defined 2844 Eli Lilly & Co COM 532457108 632 17314 SH Defined 17314 Lincoln Edl Svcs Corp COM 533535100 610 42300 SH Defined 42300 Lowes Companies Inc COM 548661107 1115 50000 SH Defined 50000 Mantech Intl Corp Cl A COM 564563104 452 11410 SH Defined 11410 Medtronic Inc COM 585055106 216 6424 SH Defined 6424 Microsoft Corp COM 594918104 8726 356297 SH Defined 337182 19115 Motorcar Parts & Acces COM 620071100 390 44891 SH Defined 44891 Mylan Laboratories COM 628530107 2570 136650 SH Defined 132850 3800 Owens & Minor Inc COM 690732102 381 13400 SH Defined 13400 Pepsico Inc COM 713448108 4774 71853 SH Defined 71128 725 Pfizer Inc COM 717081103 6390 372177 SH Defined 350008 22169 Procter & Gamble Co COM 742718109 8102 135100 SH Defined 132840 2260 Reynolds American Inc COM 761713106 211 3545 SH Defined 3545 Shuffle Master Inc COM 825549108 315 37400 SH Defined 37400 Spectra Energy Corp COM 847560109 704 31200 SH Defined 30623 577 Stryker Corp COM 863667101 217 4334 SH Defined 4334 Texas Instruments COM 882508104 3034 111784 SH Defined 109434 2350 Tidewater Inc COM 886423102 485 10825 SH Defined 10825 Transatlantic Holdings COM 893521104 5602 110228 SH Defined 106668 3560 United Technologies CP COM 913017109 4739 66532 SH Defined 65652 880 VCA Antech Inc COM 918194101 359 17000 SH Defined 17000 Vanguard Bd Index Fd Total Bnd COM 921937835 1087 13147 SH Defined 13147 Wal Mart Stores Inc COM 931142103 5929 110777 SH Defined 108727 2050 Walgreen Co COM 931422109 238 7107 SH Defined 7107 Websense Inc COM 947684106 385 21700 SH Defined 21700 Western Union Co COM 959802109 2854 161490 SH Defined 158715 2775 Wiley John & Sons Inc Cl A COM 968223206 470 11504 SH Defined 11504 World Acceptance Corp COM 981419104 433 9800 SH Defined 9800 Xilinx Inc COM 983919101 425 15950 SH Defined 15950 Xerox Corp COM 984121103 1054 101872 SH Defined 98572 3300 Dun & Bradstreet Corp COM 26483E100 2646 35685 SH Defined 35185 500 J2 Global Communications COM 46626e205 519 21800 SH Defined 21800 AT & T Inc COM 00206r102 1048 36656 SH Defined 35381 1275 Arris Group Inc COM 04269q100 335 34292 SH Defined 34292 Atheros Communications COM 04743p108 282 10700 SH Defined 10700 Bally Technologies Inc COM 05874b107 356 10200 SH Defined 10200 Cardinal Health Inc COM 14149Y108 2352 71191 SH Defined 70046 1145 Centene Corp COM 15135b101 367 15550 SH Defined 15550 CenterPoint Energy, Inc COM 15189t107 207 13149 SH Defined 13149 Compass Minerals Int'l COM 20451n101 2930 38240 SH Defined 37429 811 ConocoPhillips COM 20825c104 9940 173088 SH Defined 161078 12010 Costco Whsl Corp COM 22160K105 2315 35900 SH Defined 35500 400 Devon Energy Corp COM 25179M103 1572 24276 SH Defined 24276 Endo Pharmaceutc Hldgs COM 29264f205 7125 214350 SH Defined 211300 3050 Ensco International PLC - ADR ADR 29358q109 6807 152185 SH Defined 150050 2135 Exelon Corp COM 30161n101 206 4831 SH Defined 4831 Exxon Mobil Corp COM 30231G102 5960 96454 SH Defined 94329 2125 Interdigital Inc COM 45867g101 517 17450 SH Defined 17450 J P Morgan Chase & Co COM 46625h100 248 6527 SH Defined 6527 JPMorgan Chase & Co Alerian Ml COM 46625h365 840 24894 SH Defined 22394 2500 LHC Group Inc COM 50187a107 472 20350 SH Defined 20350 Liquidity Services Inc COM 53635b107 295 18400 SH Defined 18400 Market Vectors Gold Miner - ET COM 57060U100 8312 148607 SH Defined 136438 12169

Mednax Inc COM 58502b106 373 7000 SH Defined 7000 Merck & Co COM 58933y105 4837 131405 SH Defined 129141 2264 Neuberger Berman Intrmd Muni B COM 64124p101 360 23813 SH Defined 23813 Oracle Corp COM 68389X105 4107 152960 SH Defined 149700 3260 Quest Diagnostics, Inc COM 74834L100 223 4413 SH Defined 4413 Rent A Ctr Inc New COM 76009n100 520 23250 SH Defined 23250 Standard & Poor's 500 Deposito COM 78462f103 5916 51835 SH Defined 51835 SPDR Gold Trust - ETF COM 78463V107 425 3319 SH Defined 1838 1481 SPDR S&P MidCap 400 ETF Trust COM 78467Y107 915 6283 SH Defined 6283 Telus Corp Non-Vtg Shs COM 87971m202 6737 159091 SH Defined 156331 2760 U.S. Physical Therapy COM 90337L108 347 20759 SH Defined 20759 United Health Group Inc COM 91324P102 3419 97368 SH Defined 96122 1246 Valueclick Inc COM 92046n102 234 17900 SH Defined 17900 Vanguard Intermediate-Term Cor COM 92206c870 1770 21660 SH Defined 21350 310 Verizon Communications COM 92343v104 5571 170934 SH Defined 167784 3150 Vodafone Group PLC New Sponsor ADR 92857w209 3198 128893 SH Defined 128443 450 Wellcare Health Plans COM 94946t106 4063 140303 SH Defined 139178 1125 WellPoint Inc COM 94973v107 5336 94205 SH Defined 92915 1290 Windstream Corp COM 97381w104 144 11703 SH Defined 11703 Allied Wrld Assur COM g0219g203 7010 123865 SH Defined 121390 2475 Aspen Ins Hldgs Ltd Shs COM g05384105 4501 148650 SH Defined 144075 4575 Endurance Specialty Holdings L COM g30397106 4391 110330 SH Defined 106480 3850 Everest Re Group LTD COM g3223r108 2834 32770 SH Defined 32170 600 Montpelier Re Holdings Ltd COM G62185106 1880 108530 SH Defined 107430 1100 RenaissanceRe Holdings Ltd COM G7496G103 5687 94855 SH Defined 92795 2060 Validus Holdings LTD COM g9319h102 1602 60758 SH Defined 59958 800 Ace LTD COM h0023r105 2992 51363 SH Defined 50963 400 Noble Corporation COM h5833n103 3820 113052 SH Defined 110802 2250 Flagstone Reinsurance Holdings COM L3466T104 529 49900 SH Defined 49900 REPORT SUMMARY 127 DATA RECORDS 294961 1 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED

McCarthy Group Advisors, LLC 13F-HR