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Portfolio (Quarterly) Guide ↗

CULLINAN ASSOCIATES INC

· CIK 0001161670
13F Portfolio $1.2B AUM 207 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 6 New 31 Added 88 Reduced 10 Exited
Page 3 of 5  ·  88 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 ABNB Airbnb Inc Consumer Cyclical 53,622.0 $6.8M 0.55% -400.0 -0.7% $126.28 +4.6%
42 GS Goldman Sachs Financial Services 7,782.0 $6.6M 0.53% -5K -37.9% $846.00 +17.8%
43 LLY Eli Lilly & Company Healthcare 6,978.0 $6.4M 0.52% -1K -12.5% $919.72 +17.7%
44 ECL Ecolab Inc Basic Materials 22,326.0 $5.9M 0.48% -3K -11.4% $266.02 -1.3%
45 MRK Merck & Company Inc Healthcare 48,045.0 $5.8M 0.47% -2K -4.9% $120.29 -0.0%
46 PEP PepsiCo Consumer Defensive 32,043.0 $5.0M 0.40% -850.0 -2.6% $155.29 -4.9%
47 PM Philip Morris Consumer Defensive 29,355.0 $4.9M 0.39% -15K -33.9% $165.34 +10.1%
48 PRU Prudential Financial Financial Services 45,138.0 $4.4M 0.36% -2K -5.1% $97.69 +3.9%
49 YUM YUM Brands Consumer Cyclical 24,556.0 $3.8M 0.31% -8K -24.2% $155.48 -0.9%
50 UNP Union Pacific Corp Industrials 15,260.0 $3.7M 0.30% -3K -15.0% $242.62 +15.2%
51 RTX RTX Corporation Industrials 15,458.0 $3.0M 0.24% -2K -12.4% $192.90 -8.5%
52 NOC Northrop Grumman Corp Industrials 4,170.0 $2.8M 0.23% -1K -24.1% $682.24 -19.2%
53 ITW Illinois Tool Works Industrials 10,526.0 $2.7M 0.22% -3K -24.9% $260.29 -3.8%
54 ABT Abbott Laboratories Healthcare 26,500.0 $2.7M 0.22% -6K -18.6% $102.67 -16.5%
55 BMY Bristol Myers Squibb Company Healthcare 42,219.0 $2.6M 0.21% -9K -17.2% $60.65 -5.2%
56 TFC Truist Financial Corporation Financial Services 55,435.0 $2.5M 0.21% -2K -3.5% $45.97 +5.4%
57 MS Morgan Stanley Financial Services 15,295.0 $2.5M 0.20% -11K -42.8% $164.57 +22.5%
58 CMI Cummins Industrials 4,329.0 $2.3M 0.19% -5K -53.5% $538.07 +24.1%
59 SYK Stryker Healthcare 6,595.0 $2.2M 0.17% -2K -22.8% $328.59 -6.9%
60 EA Electronic Arts Communication Services 10,189.0 $2.1M 0.17% -61K -85.6% $203.87 -1.6%
Page 3 of 5  ·  88 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 25.9%
Financial Services 17.1%
Consumer Defensive 14.8%
Healthcare 11.0%
Communication Services 7.9%
Industrials 7.9%
Consumer Cyclical 7.3%
Energy 5.6%
Utilities 1.6%
Basic Materials 0.7%