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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 60 of 70  ·  1,393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1181 BIZD VANECK ETF TRUST BDC INCOME ETF 372.0 $5K $12.80 -3.4%
1182 RACE FERRARI N V COM Consumer Cyclical 14.0 $5K -8.0 -36.4% $338.93 +6.8%
1183 HPI HANCOCK JOHN PFD INCOME FD SH BEN INT Financial Services 300.0 $5K $15.69 +3.1%
1184 EELV INVESCO EXCH TRADED FD TR II S&P EMRNG MKTS 165.0 $5K +1.0 +0.6% $28.15 +2.0%
1185 WU WESTERN UN CO COM Financial Services 525.0 $5K $8.73 -18.4%
1186 EWJ ISHARES INC MSCI JAPAN ETF 54.0 $5K $83.78 +14.9%
1187 NATWEST GROUP PLC SPONS ADR 302.0 $4K -46.0 -13.2% $14.89
1188 CDE COEUR MNG INC COM NEW Basic Materials 239.0 $4K -2K -86.6% $18.77 -6.7%
1189 SEG SEAPORT ENTMT GROUP INC COMMON STOCK Real Estate 207.0 $4K $21.48 +15.5%
1190 RTO RENTOKIL INITIAL PLC SPONSORED ADR Industrials 139.0 $4K NEW $31.48 -9.5%
1191 SPTL SPDR SERIES TRUST STATE STREET SPD 164.0 $4K $26.30 +0.0%
1192 URBN URBAN OUTFITTERS INC COM Consumer Cyclical 68.0 $4K -467.0 -87.3% $63.35 +20.6%
1193 PTON PELOTON INTERACTIVE INC CL A COM Consumer Cyclical 999.0 $4K +108.0 +12.1% $4.29 +34.5%
1194 CZR CAESARS ENTERTAINMENT INC NE COM Consumer Cyclical 161.0 $4K +13.0 +8.8% $26.43 +10.6%
1195 EQNR EQUINOR ASA SPONSORED ADR Energy 100.0 $4K -11.0 -9.9% $42.20 -23.3%
1196 NRDY NERDY INC CL A COM Technology 5,000.0 $4K $0.82 +4.8%
1197 VDE VANGUARD WORLD FD ENERGY ETF 23.0 $4K NEW $173.87 -12.7%
1198 VMC VULCAN MATLS CO COM Basic Materials 14.0 $4K -4.0 -22.2% $273.79 +10.6%
1199 BCS BARCLAYS PLC ADR Financial Services 181.0 $4K -66.0 -26.7% $21.13 +24.5%
1200 CACI CACI INTL INC CL A Technology 7.0 $4K NEW $543.86 -14.2%
Page 60 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%