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Portfolio (Quarterly) Guide ↗

Cullen/Frost Bankers, Inc.

· CIK 0000039263
13F Portfolio $8.8B AUM 1,393 positions Filed May 5, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 136 New 549 Added 439 Reduced 192 Exited
Page 1 of 28  ·  549 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 PVAL PUTNAM ETF TRUST FOCUSED LAR CAP 7,723,844.0 $358.4M 4.07% +871K +12.7% $46.40 +10.8%
2 MSFT MICROSOFT CORP COM Technology 911,352.0 $337.4M 3.83% +6K +0.6% $370.17 +2.5%
3 NVDA NVIDIA CORPORATION COM Technology 1,644,633.0 $286.8M 3.26% +28K +1.8% $174.40 +20.8%
4 VUG VANGUARD INDEX FDS GROWTH ETF 656,256.0 $286.6M 3.25% +46K +7.5% $436.79 -80.1%
5 AMZN AMAZON COM INC COM Consumer Cyclical 950,831.0 $198.0M 2.25% +15K +1.6% $208.27 +17.3%
6 EFA ISHARES TR MSCI EAFE ETF 2,013,223.0 $195.5M 2.22% +62K +3.2% $97.13 +7.5%
7 GOOGL ALPHABET INC CAP STK CL A Communication Services 653,826.0 $188.0M 2.13% +6K +0.9% $287.56 +28.0%
8 AVGO BROADCOM INC COM Technology 534,726.0 $165.5M 1.88% +24K +4.8% $309.51 +32.9%
9 VB VANGUARD INDEX FDS SMALL CP ETF 590,093.0 $154.6M 1.75% +22K +3.9% $261.92 +13.2%
10 IWLG NEW YORK LIFE INVTS ACTIVE E NYLI WINSLOW LAR 2,150,058.0 $102.6M 1.17% +272K +14.5% $47.72 +19.8%
11 IWD ISHARES TR RUS 1000 VAL ETF 435,078.0 $93.0M 1.06% +32K +7.9% $213.67 +13.3%
12 XOM EXXON MOBIL CORP COM Energy 502,743.0 $85.3M 0.97% +32K +6.8% $169.66 -18.8%
13 HD HOME DEPOT INC COM Consumer Cyclical 179,659.0 $59.1M 0.67% +1K +0.7% $328.89 +1.6%
14 CSCO CISCO SYS INC COM Technology 685,027.0 $53.2M 0.60% +45K +7.1% $77.59 +54.1%
15 KLAC KLA CORP COM NEW Technology 31,665.0 $46.6M 0.53% +7K +28.6% $1472.43 -82.4%
16 ENTERGY CORP NEW COM 381,224.0 $42.8M 0.49% +7K +1.8% $112.36
17 VLO VALERO ENERGY CORP COM Energy 165,502.0 $40.9M 0.46% +23K +15.9% $247.08 -4.4%
18 NFLX NETFLIX INC. COM Communication Services 420,187.0 $40.4M 0.46% +7K +1.8% $96.15 -19.5%
19 ISRG INTUITIVE SURGICAL INC COM NEW Healthcare 86,753.0 $40.0M 0.45% +3K +3.5% $460.99 -11.8%
20 VWO VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 725,988.0 $39.2M 0.45% +14K +1.9% $54.05 +12.4%
Page 1 of 28  ·  549 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 31.6%
Financial Services 14.8%
Healthcare 10.5%
Communication Services 10.5%
Consumer Cyclical 9.9%
Industrials 6.8%
Consumer Defensive 6.2%
Energy 4.9%
Utilities 1.9%
Basic Materials 1.6%