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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 48 of 70  ·  1,393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
941 FRSH FRESHWORKS INC CLASS A COM Technology 3,085.0 $25K +108.0 +3.6% $8.03 +10.3%
942 IVR INVESCO MORTGAGE CAPITAL INC COM Real Estate 3,063.0 $25K +476.0 +18.4% $8.08 -1.0%
943 MICC MAGNUM ICE CREAM CO NV ORD SHS Consumer Defensive 1,664.0 $25K -105.0 -5.9% $14.84 +13.0%
944 EMB ISHARES TR JPMORGAN USD EMG 262.0 $25K -93.0 -26.2% $93.93 +3.0%
945 CACC CREDIT ACCEP CORP MICH COM Financial Services 58.0 $25K NEW $423.47 +36.9%
946 PRLB PROTO LABS INC COM Industrials 430.0 $25K NEW $57.02 +42.2%
947 GAP GAP INC COM Consumer Cyclical 1,000.0 $24K -29.0 -2.8% $24.20 -12.6%
948 NEOG NEOGEN CORP COM Healthcare 2,600.0 $24K $9.29 +0.2%
949 GEM GOLDMAN SACHS ETF TR ACTIVEBETA EME 557.0 $24K $43.20 +24.6%
950 MYRG MYR GROUP INC COM Industrials 85.0 $24K +12.0 +16.4% $282.32 +63.3%
951 VRP INVESCO EXCH TRADED FD TR II VAR RATE PFD 1,000.0 $24K $23.98 +1.8%
952 LNG CHENIERE ENERGY INC COM NEW Energy 84.0 $24K -75.0 -47.2% $284.06 -20.1%
953 INCY INCYTE CORP COM Healthcare 253.0 $24K -502.0 -66.5% $94.12 +4.4%
954 MC MOELIS & CO CL A Financial Services 415.0 $24K +21.0 +5.3% $56.98 +17.9%
955 SPXC SPX TECHNOLOGIES INC COM Industrials 117.0 $23K $199.94 +21.5%
956 CSTM CONSTELLIUM SE CL A SHS Basic Materials 950.0 $23K NEW $24.58 +38.3%
957 SCCO SOUTHERN COPPER CORP COM Basic Materials 135.0 $23K +2.0 +1.5% $172.29 +12.0%
958 VCYT VERACYTE INC COM Healthcare 720.0 $23K +33.0 +4.8% $32.21 +66.5%
959 VONV VANGUARD SCOTTSDALE FDS VNG RUS1000VAL 246.0 $23K $93.74 +13.2%
960 AKAM AKAMAI TECHNOLOGIES INC COM Technology 198.0 $23K -4.0 -2.0% $114.85 +8.8%
Page 48 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%