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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 9 of 22  ·  439 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 CNI CANADIAN NATL RY CO COM Industrials 4,550.0 $468K 0.01% -128.0 -2.7% $102.78 +10.4%
162 TWLO TWILIO INC CL A Communication Services 3,711.0 $467K 0.01% -159.0 -4.1% $125.82 +48.0%
163 SDY SPDR SERIES TRUST STATE STREET SPD 3,199.0 $467K 0.01% -1K -24.3% $145.94 +3.1%
164 VLTO VERALTO CORP COM SHS Industrials 4,468.0 $395K 0.00% -477.0 -9.7% $88.43 -5.0%
165 GIS GENERAL MILLS INC COM Consumer Defensive 10,077.0 $375K 0.00% -180.0 -1.8% $37.22 -10.2%
166 QQQM INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF 1,573.0 $374K 0.00% -3K -62.5% $237.62 +28.2%
167 AMLP ALPS ETF TR ALERIAN MLP 6,755.0 $356K 0.00% -10K -60.5% $52.64 -3.7%
168 XYL XYLEM INC COM Industrials 2,966.0 $354K 0.00% -1K -25.7% $119.50 -6.8%
169 SJM SMUCKER J M CO COM NEW Consumer Defensive 3,675.0 $354K 0.00% -108.0 -2.9% $96.44 +15.0%
170 PPL PPL CORP COM Utilities 9,277.0 $354K 0.00% -3K -23.7% $38.20 -7.4%
171 KBWD INVESCO EXCH TRADED FD TR II KBW HIG DV YLD 26,678.0 $335K 0.00% -568.0 -2.1% $12.54 -2.0%
172 VRSK VERISK ANALYTICS INC COM Industrials 1,762.0 $334K 0.00% -2K -51.5% $189.78 -8.4%
173 PH PARKER-HANNIFIN CORP COM Industrials 373.0 $334K 0.00% -64.0 -14.7% $895.72 +6.4%
174 DEO DIAGEO PLC SPON ADR NEW Consumer Defensive 4,460.0 $332K 0.00% -403.0 -8.3% $74.45 +8.1%
175 CGIB CAPITAL GRP FIXED INCM ETF T INTERNATIONAL BD 12,795.0 $323K 0.00% -268.0 -2.0% $25.23 +1.1%
176 FTC FIRST TR EXCHANGE-TRADED ALP COM SHS 2,090.0 $322K 0.00% -761.0 -26.7% $154.13 +24.7%
177 DOV DOVER CORP COM Industrials 1,503.0 $313K 0.00% -199.0 -11.7% $208.38 +7.3%
178 DXC DXC TECHNOLOGY CO COM Technology 24,346.0 $306K 0.00% -1K -4.1% $12.57 -31.6%
179 DFAI DIMENSIONAL ETF TRUST INTL CORE EQT MK 7,807.0 $304K 0.00% -5K -39.7% $38.96 +7.7%
180 LYB LYONDELLBASELL INDUSTRIES NV SHS - A - Basic Materials 3,750.0 $302K 0.00% -412.0 -9.9% $80.56 -25.4%
Page 9 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%