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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 63 of 70  ·  1,393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1241 ALX ALEXANDERS INC COM Real Estate 10.0 $2K $247.40 +4.8%
1242 REXR REXFORD INDL RLTY INC COM Real Estate 75.0 $2K +21.0 +38.9% $32.63 +1.5%
1243 TECK TECK RESOURCES LTD CL B Basic Materials 47.0 $2K -73.0 -60.8% $51.30 +25.5%
1244 BLBD BLUE BIRD CORP COM Consumer Cyclical 42.0 $2K $56.79 +30.3%
1245 GTX GARRETT MOTION INC COM Consumer Cyclical 128.0 $2K -1K -91.1% $18.17 +88.9%
1246 BCAL CALIFORNIA BANCORP COM Financial Services 131.0 $2K -2K -93.2% $17.72 +11.4%
1247 SIRI SIRIUSXM HOLDINGS INC COMMON STOCK Communication Services 100.0 $2K $23.08 +21.4%
1248 CYTK CYTOKINETICS INC COM NEW Healthcare 35.0 $2K -317.0 -90.1% $65.91 +19.5%
1249 WHR WHIRLPOOL CORP COM Consumer Cyclical 42.0 $2K -750.0 -94.7% $53.93 -27.9%
1250 EMBC EMBECTA CORP COMMON STOCK Healthcare 240.0 $2K $8.84 -64.8%
1251 TK TEEKAY CORPORATION LTD SHS Energy 172.0 $2K $12.21 -2.5%
1252 FNDX SCHWAB STRATEGIC TR FUNDAMENTAL US L 72.0 $2K NEW $27.96 +11.1%
1253 ITA ISHARES TR US AER DEF ETF 9.0 $2K NEW $218.89 +9.2%
1254 GOVI INVESCO EXCH TRADED FD TR II EQUAL WEGT 0-30 71.0 $2K -12K -99.4% $27.17 +0.3%
1255 ARVN ARVINAS INC COM Healthcare 180.0 $2K -1K -86.5% $10.60 -27.6%
1256 PIPR PIPER SANDLER COMPANIES COM NEW ADDED Financial Services 25.0 $2K NEW $75.52 +8.3%
1257 HLIO HELIOS TECHNOLOGIES INC COM Industrials 29.0 $2K -328.0 -91.9% $65.00 +39.2%
1258 AMRX AMNEAL PHARMACEUTICALS INC COM STK CL A Healthcare 151.0 $2K $12.43 +30.4%
1259 AX AXOS FINANCIAL INC COM Financial Services 22.0 $2K $85.09 +3.5%
1260 TOTL SSGA ACTIVE ETF TR STATE STREET DOU 46.0 $2K $39.74 -1.0%
Page 63 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%