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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 3 of 22  ·  439 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 DVY ISHARES TR SELECT DIVID ETF 109,595.0 $16.6M 0.19% -11K -9.2% $151.41 +1.2%
42 VBR VANGUARD INDEX FDS SM CP VAL ETF 69,324.0 $15.1M 0.17% -4K -5.5% $217.25 +9.7%
43 TMUS T-MOBILE US INC COM Communication Services 71,310.0 $15.0M 0.17% -18K -19.9% $210.03 -13.5%
44 CMG CHIPOTLE MEXICAN GRILL INC COM Consumer Cyclical 461,934.0 $14.8M 0.17% -31K -6.3% $32.01 +1.5%
45 UBER UBER TECHNOLOGIES INC COM Technology 203,643.0 $14.6M 0.17% -13K -6.2% $71.93 -0.4%
46 HYG ISHARES TR IBOXX HI YD ETF 183,603.0 $14.6M 0.17% -237K -56.3% $79.56 +0.6%
47 KKR KKR & CO INC COM Financial Services 145,569.0 $13.5M 0.15% -7K -4.8% $92.50 +4.9%
48 VBK VANGUARD INDEX FDS SML CP GRW ETF 44,441.0 $13.4M 0.15% -3K -7.3% $302.25 +18.0%
49 QCOM QUALCOMM INC COM Technology 94,632.0 $12.2M 0.14% -76K -44.5% $128.78 +75.6%
50 AZO AUTOZONE INC COM Consumer Cyclical 3,541.0 $12.0M 0.14% -30.0 -0.8% $3377.47 -9.3%
51 IJH ISHARES TR CORE S&P MCP ETF 175,761.0 $11.9M 0.14% -6K -3.1% $67.53 +12.2%
52 Q QNITY ELECTRONICS INC COMMON STOCK Technology 95,864.0 $11.1M 0.13% -15K -13.5% $115.38 +46.5%
53 VTEB VANGUARD MUN BD FDS TAX EXEMPT BD 220,932.0 $11.0M 0.12% -151K -40.6% $49.89 +1.1%
54 SCZ ISHARES TR EAFE SML CP ETF 135,482.0 $10.6M 0.12% -12K -8.3% $78.41 +6.6%
55 MNST MONSTER BEVERAGE CORP NEW COM Consumer Defensive 141,777.0 $10.3M 0.12% -2K -1.5% $72.46 +26.1%
56 IEFA ISHARES TR CORE MSCI EAFE 106,088.0 $9.6M 0.11% -25K -19.1% $90.53 +7.5%
57 GPC GENUINE PARTS CO COM Consumer Cyclical 90,527.0 $9.6M 0.11% -1K -1.6% $105.75 +2.8%
58 NDAQ NASDAQ INC COM Financial Services 107,595.0 $9.1M 0.10% -592.0 -0.6% $84.89 -3.1%
59 BIRKENSTOCK HOLDING PLC COM SHS 201,413.0 $7.2M 0.08% -14K -6.4% $35.83
60 SPGI S&P GLOBAL INC COM Financial Services 16,927.0 $7.2M 0.08% -1K -7.4% $425.34 -3.4%
Page 3 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%