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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 1 of 70  ·  1,393 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 AAPL APPLE INC COM Technology 1,889,977.0 $479.7M 5.45% $253.79 +17.4%
2 PVAL PUTNAM ETF TRUST FOCUSED LAR CAP 7,723,844.0 $358.4M 4.07% +871K +12.7% $46.40 +10.8%
3 MSFT MICROSOFT CORP COM Technology 911,352.0 $337.4M 3.83% +6K +0.6% $370.17 +2.5%
4 NVDA NVIDIA CORPORATION COM Technology 1,644,633.0 $286.8M 3.26% +28K +1.8% $174.40 +20.8%
5 VUG VANGUARD INDEX FDS GROWTH ETF 656,256.0 $286.6M 3.25% +46K +7.5% $436.79 -80.1%
6 EMXC ISHARES INC MSCI EMRG CHN 2,563,346.0 $201.6M 2.29% $78.66 +34.4%
7 AMZN AMAZON COM INC COM Consumer Cyclical 950,831.0 $198.0M 2.25% +15K +1.6% $208.27 +17.3%
8 EFA ISHARES TR MSCI EAFE ETF 2,013,223.0 $195.5M 2.22% +62K +3.2% $97.13 +7.5%
9 GOOGL ALPHABET INC CAP STK CL A Communication Services 653,826.0 $188.0M 2.13% +6K +0.9% $287.56 +28.0%
10 AVGO BROADCOM INC COM Technology 534,726.0 $165.5M 1.88% +24K +4.8% $309.51 +32.9%
11 IWP ISHARES TR RUS MD CP GR ETF 1,273,878.0 $163.2M 1.85% -166K -11.5% $128.12 +10.8%
12 VB VANGUARD INDEX FDS SMALL CP ETF 590,093.0 $154.6M 1.75% +22K +3.9% $261.92 +13.2%
13 GOOG ALPHABET INC CAP STK CL C Communication Services 501,631.0 $143.9M 1.63% -3K -0.6% $286.86 +28.1%
14 IWF ISHARES TR RUS 1000 GRW ETF 327,378.0 $139.6M 1.58% -19K -5.4% $426.40 -71.1%
15 VO VANGUARD INDEX FDS MID CAP ETF 441,989.0 $126.9M 1.44% $287.18 -72.1%
16 META META PLATFORMS INC CL A Communication Services 207,473.0 $118.7M 1.35% $572.13 +0.9%
17 SPY STATE STR SPDR S&P 500 ETF T TR UNIT Financial Services 180,721.0 $117.5M 1.33% -15K -7.8% $650.34 +14.8%
18 IJJ ISHARES TR S&P MC 400VL ETF 825,346.0 $109.4M 1.24% -6K -0.7% $132.50 +9.3%
19 V VISA INC COM CL A Financial Services 348,688.0 $105.4M 1.20% -4K -1.1% $302.24 +8.3%
20 GLW CORNING INC COM Technology 772,482.0 $105.0M 1.19% -42K -5.2% $135.97 +43.4%
Page 1 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%