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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 7 of 70  ·  1,393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 FAST FASTENAL CO COM Industrials 330,542.0 $15.3M 0.17% +4K +1.4% $46.40 -1.1%
122 SBUX STARBUCKS CORP COM Consumer Cyclical 169,647.0 $15.2M 0.17% +27K +18.9% $89.59 +12.3%
123 CARR CARRIER GLOBAL CORPORATION COM Industrials 269,294.0 $15.2M 0.17% +64K +30.9% $56.31 +27.5%
124 VBR VANGUARD INDEX FDS SM CP VAL ETF 69,324.0 $15.1M 0.17% -4K -5.5% $217.25 +9.7%
125 MPWR MONOLITHIC PWR SYS INC COM Technology 13,755.0 $15.0M 0.17% +441.0 +3.3% $1093.34 +43.0%
126 TMUS T-MOBILE US INC COM Communication Services 71,310.0 $15.0M 0.17% -18K -19.9% $210.03 -13.5%
127 CMG CHIPOTLE MEXICAN GRILL INC COM Consumer Cyclical 461,934.0 $14.8M 0.17% -31K -6.3% $32.01 +1.5%
128 UBER UBER TECHNOLOGIES INC COM Technology 203,643.0 $14.6M 0.17% -13K -6.2% $71.93 -0.4%
129 QSR RESTAURANT BRANDS INTL INC COM Consumer Cyclical 198,014.0 $14.6M 0.17% +38K +23.9% $73.90 -0.6%
130 HYG ISHARES TR IBOXX HI YD ETF 183,603.0 $14.6M 0.17% -237K -56.3% $79.56 +0.6%
131 NEM NEWMONT CORP COM Basic Materials 129,629.0 $14.0M 0.16% $108.25 -4.1%
132 J JACOBS SOLUTIONS INC COM Industrials 108,164.0 $13.8M 0.16% +4K +3.6% $127.28 -5.0%
133 PEP PEPSICO INC COM Consumer Defensive 88,321.0 $13.7M 0.16% +1K +1.2% $155.29 -8.5%
134 REGCO REGENCY CTRS CORP COM Real Estate 179,957.0 $13.6M 0.15% +4K +2.1% $75.66 -70.3%
135 KKR KKR & CO INC COM Financial Services 145,569.0 $13.5M 0.15% -7K -4.8% $92.50 +4.9%
136 VBK VANGUARD INDEX FDS SML CP GRW ETF 44,441.0 $13.4M 0.15% -3K -7.3% $302.25 +18.0%
137 CRM SALESFORCE INC COM Technology 70,446.0 $13.2M 0.15% +6K +8.8% $186.67 -18.7%
138 KRE SPDR SERIES TRUST STATE STREET SPD 190,433.0 $12.4M 0.14% +25K +14.8% $65.15 +10.1%
139 TT TRANE TECHNOLOGIES PLC SHS Industrials 29,769.0 $12.4M 0.14% +606.0 +2.1% $416.73 +16.0%
140 OMC OMNICOM GROUP INC COM Communication Services 164,606.0 $12.4M 0.14% +6K +3.8% $75.31 -5.3%
Page 7 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%