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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 7 of 11  ·  207 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 EW Edwards Lifesciences Healthcare 12,600.0 $1.0M 0.08% $80.08 +8.0%
122 PANW Palo Alto Networks Inc Technology 6,100.0 $978K 0.08% +100.0 +1.7% $160.32 +55.0%
123 NOW ServiceNow Technology 9,000.0 $941K 0.08% $104.55 -2.3%
124 GD General Dynamics Industrials 2,500.0 $858K 0.07% $343.22 -0.2%
125 TT Trane Tech PLC Industrials 2,000.0 $833K 0.07% -100.0 -4.8% $416.74 +9.8%
126 MO Altria Group Consumer Defensive 12,600.0 $831K 0.07% -18K -58.6% $65.99 +9.3%
127 FITB Fifth Third Bancorp Financial Services 17,500.0 $813K 0.07% -900.0 -4.9% $46.46 +7.4%
128 A Agilent Healthcare 7,000.0 $798K 0.07% $113.98 +1.6%
129 PGR Progressive Corp Financial Services 4,000.0 $793K 0.06% $198.24 -0.7%
130 AstraZeneca PLC 4,013.0 $791K 0.06% -4K -50.0% $197.22
131 EFX Equifax Inc Industrials 4,250.0 $765K 0.06% $180.07 -9.1%
132 HII Huntington Ingalls Industries Industrials 2,000.0 $760K 0.06% $379.90 -16.4%
133 AMD Advanced Micro Technology 3,719.0 $757K 0.06% $203.43 +143.6%
134 LNC Lincoln National Corporation Financial Services 20,800.0 $738K 0.06% $35.50 -0.8%
135 BX Blackstone Group Financial Services 6,410.0 $737K 0.06% $114.99 +2.6%
136 CSX CSX Corp Industrials 17,600.0 $722K 0.06% $41.05 +14.8%
137 NVS Novartis AG Healthcare 4,700.0 $718K 0.06% $152.75 -1.1%
138 QQQ Invesco QQQ Tr Unit Ser 1 Financial Services 1,240.0 $716K 0.06% -416.0 -25.1% $577.18 +26.4%
139 ROST Ross Stores Consumer Cyclical 3,267.0 $708K 0.06% -200.0 -5.8% $216.63 +7.8%
140 INTU Intuit Technology 1,635.0 $707K 0.06% -1K -38.2% $432.38 -28.8%
Page 7 of 11  ·  207 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%