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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 7 of 7  ·  136 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 FIG FIGMA INC CLASS A COM STK Technology 3.0 $63.0 NEW $21.00 -10.1%
122 CALM CAL MAINE FOODS INC COM NEW Consumer Defensive $31.0 NEW
123 WASH WASHINGTON TR BANCORP INC COM Financial Services $9.0 NEW
124 MZTI MARZETTI COMPANY COM Consumer Defensive $6.0 NEW
125 MATX MATSON INC COM Industrials $2.0 NEW
126 MUSA MURPHY USA INC COM Consumer Cyclical $2.0 NEW
127 BMI BADGER METER INC COM Technology $1.0 NEW
128 EPC EDGEWELL PERSONAL CARE CO COM Consumer Defensive $1.0 NEW
129 EVTC EVERTEC INC COM Technology $1.0 NEW
130 HSTM HEALTHSTREAM INC COM Healthcare $1.0 NEW
131 DRS LEONARDO DRS INC COM Industrials $1.0 NEW
132 KSS KOHLS CORP COM Consumer Cyclical NEW
133 MNKD MANNKIND CORP COM NEW Healthcare NEW
134 DNOW DNOW INC COM Energy NEW
135 SMPL SIMPLY GOOD FOODS CO COM Consumer Defensive NEW
136 TWO HARBORS INVENTMENT CORPO COM NEW
Page 7 of 7  ·  136 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%