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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 5 of 70  ·  1,393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 TJX TJX COS INC NEW COM Consumer Cyclical 148,805.0 $23.8M 0.27% -1K -0.8% $159.70 +2.6%
82 EVRG EVERGY INC COM Utilities 285,153.0 $23.4M 0.27% -31K -9.9% $81.92 +0.7%
83 MDT MEDTRONIC PLC SHS Healthcare 264,629.0 $22.9M 0.26% +4K +1.5% $86.65 -8.4%
84 CME CME GROUP INC COM Financial Services 77,247.0 $22.8M 0.26% +2K +2.9% $295.35 -16.6%
85 SYK STRYKER CORPORATION COM Healthcare 68,456.0 $22.5M 0.26% +2K +2.4% $328.59 -6.3%
86 UNH UNITEDHEALTH GROUP INC COM Healthcare 82,527.0 $22.3M 0.25% +9K +12.3% $270.59 +48.2%
87 BA BOEING CO COM Industrials 110,957.0 $22.1M 0.25% +88K +391.2% $199.03 +11.9%
88 ICE INTERCONTINENTAL EXCHANGE IN COM Financial Services 137,911.0 $21.7M 0.25% +5K +3.6% $157.28 -14.9%
89 IVW ISHARES TR S&P 500 GRWT ETF 189,884.0 $21.5M 0.24% $113.11 +22.0%
90 BSX BOSTON SCIENTIFIC CORP COM Healthcare 339,661.0 $21.3M 0.24% -13K -3.7% $62.75 -27.8%
91 ADI ANALOG DEVICES INC COM Technology 66,975.0 $21.3M 0.24% +3K +4.4% $318.14 +36.6%
92 IBM INTERNATIONAL BUSINESS MACHS COM Technology 87,847.0 $21.3M 0.24% +709.0 +0.8% $242.39 +2.8%
93 TMO THERMO FISHER SCIENTIFIC INC COM Healthcare 42,157.0 $20.7M 0.23% +4K +10.0% $491.53 -5.5%
94 ANET ARISTA NETWORKS INC COM SHS Technology 166,342.0 $20.4M 0.23% $122.78 +38.2%
95 LHX L3HARRIS TECHNOLOGIES INC COM Industrials 59,021.0 $20.4M 0.23% -3K -5.4% $345.15 -14.6%
96 VV VANGUARD INDEX FDS LARGE CAP ETF 67,937.0 $20.3M 0.23% -579.0 -0.8% $298.85 +15.4%
97 SPOT SPOTIFY TECHNOLOGY S A SHS Communication Services 41,606.0 $20.2M 0.23% $484.91 -3.5%
98 AMAT APPLIED MATLS INC COM Technology 57,196.0 $19.5M 0.22% +11K +22.8% $341.79 +80.6%
99 IVE ISHARES TR S&P 500 VAL ETF 91,290.0 $19.3M 0.22% $211.15 +7.2%
100 PSA PUBLIC STORAGE OPER CO COM Real Estate 67,749.0 $18.4M 0.21% +28K +69.8% $270.88 +17.4%
Page 5 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%