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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 42 of 70  ·  1,393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
821 SPYM SPDR SERIES TRUST STATE STREET SPD 619.0 $47K 0.00% +500.0 +420.2% $76.48 +14.9%
822 TEQI T ROWE PRICE ETF INC PRICE EQT INCOME 1,051.0 $47K 0.00% $45.03 +11.3%
823 AXON AXON ENTERPRISE INC COM Industrials 109.0 $46K 0.00% -46.0 -29.7% $424.69 -0.3%
824 CENTA CENTRAL GARDEN & PET CO CL A NON-VTG Consumer Defensive 1,404.0 $46K 0.00% +92.0 +7.0% $32.42 +16.5%
825 DRI DARDEN RESTAURANTS INC COM Consumer Cyclical 231.0 $45K 0.00% -719.0 -75.7% $195.89 +9.0%
826 NUV NUVEEN MUN VALUE FD INC COM Financial Services 4,999.0 $45K 0.00% NEW $8.99 +1.9%
827 RRC RANGE RES CORP COM Energy 975.0 $44K 0.00% $45.18 -19.5%
828 IP INTERNATIONAL PAPER CO COM Consumer Cyclical 1,234.0 $44K 0.00% +118.0 +10.6% $35.69 +3.2%
829 POWL POWELL INDS INC COM Industrials 80.0 $43K -1.0 -1.2% $543.11 -45.3%
830 HL HECLA MINING COMPANY COM Basic Materials 2,326.0 $43K +221.0 +10.5% $18.63 -14.3%
831 FIXD FIRST TR EXCHNG TRADED FD VI SMITH OPPORT FXD 990.0 $43K +380.0 +62.3% $43.60 +0.3%
832 FMF FIRST TR EXCHANGE-TRADED FD MNGD FUTRS STRGY 850.0 $43K +236.0 +38.4% $50.60 +0.1%
833 FTAI AVIATION LTD SHS 175.0 $43K +155.0 +775.0% $245.07
834 EIX EDISON INTL COM Utilities 582.0 $43K -35.0 -5.7% $73.22 -1.8%
835 BIV VANGUARD BD INDEX FDS INTERMED TERM 552.0 $43K $77.18 -0.8%
836 GSIE GOLDMAN SACHS ETF TR ACTIVEBETA INT 983.0 $42K $43.13 +7.4%
837 FIIG FIRST TR EXCHANGE-TRADED FD INTERMEDIATE DUR 2,036.0 $42K +407.0 +25.0% $20.75 -0.0%
838 BJ BJS WHSL CLUB HLDGS INC COM Consumer Defensive 426.0 $42K +138.0 +47.9% $98.42 -13.4%
839 MEDP MEDPACE HLDGS INC COM Healthcare 87.0 $42K -122.0 -58.4% $480.20 -4.2%
840 KB KB FINL GROUP INC SPONSORED ADR Financial Services 418.0 $42K $99.73 +7.1%
Page 42 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%