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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 10 of 28  ·  549 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
181 EME EMCOR GROUP INC COM Industrials 1,316.0 $971K 0.01% +864.0 +191.2% $738.12 +13.3%
182 OKE ONEOK INC NEW COM Energy 10,297.0 $931K 0.01% +276.0 +2.8% $90.39 -5.9%
183 AMRIZE LTD SHS 16,517.0 $925K 0.01% +5K +49.3% $56.02
184 ROP ROPER TECHNOLOGIES INC COM Industrials 2,590.0 $917K 0.01% +36.0 +1.4% $353.87 -6.7%
185 MRSH MARSH & MCLENNAN COS INC COM Financial Services 5,114.0 $887K 0.01% +62.0 +1.2% $173.44 -6.4%
186 REGN REGENERON PHARMACEUTICALS COM Healthcare 1,077.0 $832K 0.01% +647.0 +150.5% $772.67 -21.1%
187 FDMO FIDELITY COVINGTON TRUST MOMENTUM FACTR 10,344.0 $829K 0.01% +804.0 +8.4% $80.10 +22.1%
188 BKLN INVESCO EXCH TRADED FD TR II SR LN ETF 39,392.0 $804K 0.01% +910.0 +2.4% $20.41 +0.2%
189 CGSM CAPITAL GRP FIXED INCM ETF T SHORT DURATION M 30,515.0 $802K 0.01% +3K +10.1% $26.28 +0.3%
190 VTV VANGUARD INDEX FDS VALUE ETF 4,013.0 $787K 0.01% +1K +39.8% $196.19 +10.4%
191 BBY BEST BUY INC COM Consumer Cyclical 11,939.0 $766K 0.01% +711.0 +6.3% $64.20 +16.4%
192 IGIB ISHARES TR ISHS 5-10YR INVT 14,079.0 $749K 0.01% +4K +40.8% $53.22 -0.3%
193 AVEM AMERICAN CENTY ETF TR AVANTIS EMGMKT 9,243.0 $745K 0.01% +4K +73.2% $80.58 +23.7%
194 BAB INVESCO EXCH TRADED FD TR II TAXABLE MUN BD 27,268.0 $735K 0.01% +11K +69.9% $26.96 -0.1%
195 SLV ISHARES SILVER TR ISHARES Financial Services 10,245.0 $698K 0.01% +666.0 +7.0% $68.14 -12.7%
196 FLCB FRANKLIN TEMPLETON ETF TR US CORE BOND ETF 31,343.0 $674K 0.01% +347.0 +1.1% $21.49 -0.6%
197 QUAL ISHARES TR MSCI USA QLT FCT 3,499.0 $671K 0.01% +60.0 +1.7% $191.79 +12.6%
198 FDLO FIDELITY COVINGTON TRUST LOW VOLITY ETF 10,295.0 $665K 0.01% +709.0 +7.4% $64.59 +5.7%
199 FVAL FIDELITY COVINGTON TRUST VLU FACTOR ETF 9,565.0 $664K 0.01% +693.0 +7.8% $69.40 +12.4%
200 RNRG GLOBAL X FDS RENEWABLE ENERGY 17,773.0 $656K 0.01% +11K +163.2% $36.91 -2.2%
Page 10 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%