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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 2 of 22  ·  439 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 GLTR ABRDN PRECIOUS METALS BASKET PHYSCL PRECS MET Financial Services 178,698.0 $39.1M 0.44% -7K -3.5% $218.72 -11.2%
22 BSV VANGUARD BD INDEX FDS SHORT TRM BOND 412,409.0 $32.3M 0.37% -35K -7.8% $78.41 -0.8%
23 NOW SERVICENOW INC COM Technology 292,844.0 $30.6M 0.35% -8K -2.6% $104.55 -9.1%
24 BKNG BOOKING HOLDINGS INC COM Consumer Cyclical 7,022.0 $29.6M 0.34% -208.0 -2.9% $4209.99 -95.9%
25 LOW LOWES COS INC COM Consumer Cyclical 124,892.0 $29.5M 0.34% -2K -1.2% $236.28 -6.0%
26 COP CONOCOPHILLIPS COM Energy 218,144.0 $28.8M 0.33% -8K -3.4% $132.00 -18.4%
27 UNP UNION PAC CORP COM Industrials 111,581.0 $27.1M 0.31% -1K -1.3% $242.62 +5.9%
28 CB CHUBB LTD SWITZ COM Financial Services 78,213.0 $25.5M 0.29% -3K -3.2% $325.93 -0.8%
29 AMGN AMGEN INC COM Healthcare 72,183.0 $25.4M 0.29% -4K -5.0% $351.85 -4.0%
30 LRCX LAM RESEARCH CORP COM NEW Technology 118,475.0 $25.3M 0.29% -6K -4.9% $213.66 +82.1%
31 SHW SHERWIN WILLIAMS CO COM Basic Materials 76,962.0 $24.7M 0.28% -2K -2.8% $320.55 +0.1%
32 TJX TJX COS INC NEW COM Consumer Cyclical 148,805.0 $23.8M 0.27% -1K -0.8% $159.70 +2.6%
33 EVRG EVERGY INC COM Utilities 285,153.0 $23.4M 0.27% -31K -9.9% $81.92 +0.7%
34 BSX BOSTON SCIENTIFIC CORP COM Healthcare 339,661.0 $21.3M 0.24% -13K -3.7% $62.75 -27.8%
35 LHX L3HARRIS TECHNOLOGIES INC COM Industrials 59,021.0 $20.4M 0.23% -3K -5.4% $345.15 -14.6%
36 VV VANGUARD INDEX FDS LARGE CAP ETF 67,937.0 $20.3M 0.23% -579.0 -0.8% $298.85 +15.4%
37 HCA HCA HEALTHCARE INC COM Healthcare 38,148.0 $18.1M 0.20% -306.0 -0.8% $473.23 -20.7%
38 FANG DIAMONDBACK ENERGY INC COM Energy 87,848.0 $17.4M 0.20% -19K -18.0% $197.79 -7.2%
39 ABT ABBOTT LABORATORIES COM Healthcare 165,156.0 $17.0M 0.19% -12K -7.0% $102.67 -13.9%
40 IJK ISHARES TR S&P MC 400GR ETF 165,073.0 $16.6M 0.19% -3K -2.0% $100.62 +14.9%
Page 2 of 22  ·  439 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%