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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 17 of 70  ·  1,393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
321 PNC PNC FINL SVCS GROUP INC COM Financial Services 5,605.0 $1.2M 0.01% +170.0 +3.1% $208.09 +11.5%
322 IYY ISHARES TR DOW JONES US ETF 7,349.0 $1.2M 0.01% $158.46 +14.9%
323 CBOE CBOE GLOBAL MKTS INC COM Financial Services 4,136.0 $1.2M 0.01% -1K -24.8% $281.04 -11.4%
324 IAGG ISHARES TR CORE INTL AGGR 23,084.0 $1.2M 0.01% -801.0 -3.4% $50.04 +1.0%
325 HAS HASBRO INC COM Consumer Cyclical 12,268.0 $1.1M 0.01% -371.0 -2.9% $93.60 -9.5%
326 SSNC SS&C TECH HLDGS COM Technology 16,320.0 $1.1M 0.01% -951.0 -5.5% $67.57 -3.2%
327 SCHG SCHWAB STRATEGIC TR US LCAP GR ETF 36,954.0 $1.1M 0.01% +978.0 +2.7% $29.13 +16.4%
328 EL LAUDER ESTEE COS INC CL A Consumer Defensive 14,906.0 $1.1M 0.01% +444.0 +3.1% $71.77 +18.2%
329 FCOR FIDELITY MERRIMACK STR TR CORP BOND ETF 22,591.0 $1.1M 0.01% -3K -12.7% $47.13 +0.3%
330 XLP SELECT SECTOR SPDR TR STATE STREET CON 12,958.0 $1.1M 0.01% -2K -12.3% $81.98 +1.6%
331 FLMI FRANKLIN TEMPLETON ETF TR FRANKLIN DYN MUN 41,573.0 $1.0M 0.01% +9K +26.2% $24.79 +1.1%
332 CGCV CAPITAL GROUP CONSERVATIVE E SHS 34,509.0 $1.0M 0.01% +4K +13.2% $29.81 +8.4%
333 MDYV SPDR SERIES TRUST STATE STREET SPD 12,000.0 $1.0M 0.01% $85.15 +9.8%
334 FBND FIDELITY MERRIMACK STR TR TOTAL BD ETF 22,172.0 $1.0M 0.01% +2K +12.0% $45.62 -0.0%
335 WTRG ESSENTIAL UTILS INC COM Utilities 24,678.0 $994K 0.01% -1K -4.2% $40.27 -8.9%
336 AME AMETEK INC COM Industrials 4,624.0 $991K 0.01% +1K +35.8% $214.36 +10.8%
337 CI THE CIGNA GROUP COM Healthcare 3,694.0 $985K 0.01% +208.0 +6.0% $266.76 +4.7%
338 IFF INTERNATIONAL FLAVORS&FRAGRA COM Basic Materials 13,503.0 $980K 0.01% +2K +21.5% $72.55 +5.7%
339 IWN ISHARES TR RUS 2000 VAL ETF 5,127.0 $972K 0.01% -3K -34.1% $189.57 +14.4%
340 EME EMCOR GROUP INC COM Industrials 1,316.0 $971K 0.01% +864.0 +191.2% $738.12 +13.3%
Page 17 of 70  ·  1,393 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%