Home / Institutions / Cullen/Frost Bankers, Inc.
13F holdings

Cullen/Frost Bankers, Inc. portfolio

Managed by . 1,393 reported positions worth $8.8B as of 2026-03-31, filed with the SEC on 2026-05-05. Parsed from the filing itself, not a reseller.

$8.8B
Book value
1,393
Positions
31%
Top 10 weight
+125
New this quarter
-192
Exited
134 days
Age today
How old this actually is

Every position on this page is a snapshot of 2026-03-31. It was already 35 days old on 2026-05-05, the day it first became public. Today it is 134 days old.

That lag is the law, not a service level — Rule 13f-1 gives managers 45 days after quarter end to file, and no product can shorten it. A fund can have sold every share below before you read this sentence. Treat it as a record of what happened, never as a position you can follow.

What changed

Positions opened and closed

Against its 2025-12-31 filing. This is the part worth reading — the holdings table below is mostly years old.

New positions (125)
TickerIssuerValueShares% of book
AZNASTRAZENECA PLC ORD ADDED$15.7M79,7100.18%
JSTCTIDAL TRUST I ADASINA SOCIAL$966,11949,5700.01%
CCSOTIDAL TRUST II CARBON CLCTV CLM$583,86622,7620.01%
FDDFIRST TR EXCHANGE-TRADED FD COMMON$460,39025,8500.01%
ALBALBEMARLE CORP COM$433,2062,4130.00%
LIILENNOX INTL INC COM$404,7218720.00%
FTMHPUTNAM ETF TRUST FRANKLIN MUNI HI$276,18423,9530.00%
FELCFIDELITY COVINGTON TRUST ENHANCED $209,4965,7760.00%
FMATFIDELITY COVINGTON TRUST MSCI MATL$207,8503,6060.00%
BTSGBRIGHTSPRING HEALTH SVCS INC COM$203,0794,7660.00%
SPYDSPDR SERIES TRUST STATE STREET SPD$117,4872,5810.00%
VOOVVANGUARD ADMIRAL FDS INC 500 VAL I$113,5115570.00%
DFSVDIMENSIONAL ETF TRUST US SMALL CAP$112,1283,2000.00%
RBCRBC BEARINGS INC COM$95,0461750.00%
CIENCIENA CORP COM NEW$89,2932300.00%
ATIATI INC COM$80,4395530.00%
TIGOMILLICOM INTL CELLULAR S A COM STK$74,9401,0000.00%
NADNUVEEN QUALITY MUNCP INCOME COM$69,4956,0430.00%
VSTSVESTIS CORPORATION COM SHS$68,7998,7530.00%
NUNU HLDGS LTD ORD SHS CL A$66,1024,6000.00%
ICSHISHARES TR ULTRA SHORT DUR$65,5531,2950.00%
COWZPACER FDS TR US CASH COWS 100$62,1859940.00%
NVGNUVEEN AMT FREE MUN CR INC F COM$52,6494,2700.00%
ENTGENTEGRIS INC COM$49,0064180.00%
BYBYLINE BANCORP INC COM$48,5031,5360.00%
Closed out (192)
TickerIssuerWas worthShares% of book
AZNNASTRAZENECA PLC SPONSORED ADR$14.6M159,0150.00%
SPTSSPDR SERIES TRUST STATE STREET SPD$10.3M353,2840.00%
USHYISHARES TR BROAD USD HIGH$8.1M217,6190.00%
BWXSPDR SERIES TRUST BLOOMBERG INTL T$1.3M57,8220.00%
RUSHBRUSH ENTERPRISES INC CL B$843,90015,0000.00%
KYNKAYNE ANDERSON ENERGY INFRST COM$282,08622,7860.00%
VVRINVESCO SR INCOME TR COM$269,07282,2850.00%
CYBRCYBERARK SOFTWARE LTD SHS$210,5404720.00%
HUMHUMANA INC COM$186,2077270.00%
FPEIFIRST TR EXCH TRADED FD III INSTL $162,8108,3970.00%
TROWPRICE T ROWE GROUP INC COM$153,8501,5030.00%
BNBROOKFIELD CORP CL A LTD VT SH$144,8293,1560.00%
PWRQUANTA SVCS INC COM$138,0143270.00%
JFRNUVEEN FLOATING RATE INCOME COM$117,45015,0000.00%
UCONFIRST TR EXCHNG TRADED FD VI SMITH$113,2294,4990.00%
XEFRXEATON VANCE SR FLTNG RTE TR COM$111,40010,0000.00%
SCHVSCHWAB STRATEGIC TR US LCAP VA ETF$104,3973,5260.00%
IBITISHARES BITCOIN TRUST ETF SHS BEN $101,2862,0400.00%
STSENSATA TECHNOLOGIES HLDG PL SHS$91,6812,7540.00%
ZIONZIONS BANCORPORATION N A COM$89,8001,5340.00%
GPNGLOBAL PMTS INC COM$83,1281,0740.00%
SGISOMNIGROUP INTERNATIONAL INC COM$80,3529000.00%
WWAYFAIR INC CL A$80,3288000.00%
HLIHOULIHAN LOKEY INC CL A$69,6764000.00%
BWXTBWX TECHNOLOGIES INC COM$69,1364000.00%
Added to (515)
TickerIssuerValueShares% of bookShares Δ
PVALPUTNAM ETF TRUST FOCUSED LAR CAP$358.4M7,723,8444.07%+13%
NVDANVIDIA CORPORATION COM$286.8M1,644,6333.26%+2%
VUGVANGUARD INDEX FDS GROWTH ETF$286.6M656,2563.26%+7%
AMZNAMAZON COM INC COM$198.0M950,8312.25%+2%
EFAISHARES TR MSCI EAFE ETF$195.5M2,013,2232.22%+3%
AVGOBROADCOM INC COM$165.5M534,7261.88%+5%
VBVANGUARD INDEX FDS SMALL CP ETF$154.6M590,0931.76%+4%
IWLGNEW YORK LIFE INVTS ACTIVE E NYLI $102.6M2,150,0581.17%+14%
IWDISHARES TR RUS 1000 VAL ETF$93.0M435,0781.06%+8%
EXMOCEXXON MOBIL CORP COM$85.3M502,7430.97%+7%
CSCOCISCO SYS INC COM$53.2M685,0270.60%+7%
KLACKLA CORP COM NEW$46.6M31,6650.53%+29%
ETRENTERGY CORP NEW COM$42.8M381,2240.49%+2%
VLOVALERO ENERGY CORP COM$40.9M165,5020.46%+16%
NFLXNETFLIX INC. COM$40.4M420,1870.46%+2%
Trimmed (421)
TickerIssuerValueShares% of bookShares Δ
IIININSTEEL INDS INC COM$100.00%-100%
PKSTPEAKSTONE REALTY TRUST COMMON SHAR$800.00%-100%
VCVISTEON CORP COM NEW$400.00%-100%
MMACYS INC COM$000.00%-100%
GLNGGOLAR LNG LTD SHS$1900.00%-100%
SFBSSERVISFIRST BANCSHARES INC COM$200.00%-100%
RNGRRANGER ENERGY SVCS INC COM CL A$200.00%-100%
TNETTRINET GROUP INC COM$200.00%-100%
NLOPNET LEASE OFFICE PROPERTIES COM$400.00%-100%
HBANHUNTINGTON BANCSHARES INC COM$910.00%-100%
CMBSISHARES TR CMBS ETF$23750.00%-100%
LEGLEGGETT & PLATT INC COM$1010.00%-100%
TBLLINVESCO EXCH TRADED FD TR II SHORT$9810.00%-100%
XLGINVESCO EXCHANGE TRADED FD T S&P 5$3,032560.00%-100%
RPRXROYALTY PHARMA PLC SHS CLASS A$96,7082,0160.00%-100%
The book

Largest 150 of 1,393 holdings

TickerIssuerValueShares% of bookShares Δ
AAPLAPPLE INC COM$479.7M1,889,9775.45%
PVALPUTNAM ETF TRUST FOCUSED LAR CAP$358.4M7,723,8444.07%
MSFTMICROSOFT CORP COM$337.4M911,3523.83%
NVDANVIDIA CORPORATION COM$286.8M1,644,6333.26%
VUGVANGUARD INDEX FDS GROWTH ETF$286.6M656,2563.26%
EMXCISHARES INC MSCI EMRG CHN$201.6M2,563,3462.29%
AMZNAMAZON COM INC COM$198.0M950,8312.25%
EFAISHARES TR MSCI EAFE ETF$195.5M2,013,2232.22%
GOOGLALPHABET INC CAP STK CL A$188.0M653,8262.14%
AVGOBROADCOM INC COM$165.5M534,7261.88%
IWPISHARES TR RUS MD CP GR ETF$163.2M1,273,8781.85%
VBVANGUARD INDEX FDS SMALL CP ETF$154.6M590,0931.76%
GOOGALPHABET INC CAP STK CL C$143.9M501,6311.63%
IWFISHARES TR RUS 1000 GRW ETF$139.6M327,3781.59%
VOVANGUARD INDEX FDS MID CAP ETF$126.9M441,9891.44%
METAMETA PLATFORMS INC CL A$118.7M207,4731.35%
SPYSTATE STR SPDR S&P 500 ETF T TR UN$117.5M180,7211.33%
IJJISHARES TR S&P MC 400VL ETF$109.4M825,3461.24%
VVISA INC COM CL A$105.4M348,6881.20%
GLWCORNING INC COM$105.0M772,4821.19%
IWLGNEW YORK LIFE INVTS ACTIVE E NYLI $102.6M2,150,0581.17%
JPMJPMORGAN CHASE & CO COM$100.4M341,3921.14%
LLYELI LILLY & CO COM$95.5M103,8501.08%
IWDISHARES TR RUS 1000 VAL ETF$93.0M435,0781.06%
COSTCOSTCO WHOLESALE CORPORATION COM$88.1M88,4481.00%
CVXCHEVRON CORPORATION COM$85.3M412,4170.97%
EXMOCEXXON MOBIL CORP COM$85.3M502,7430.97%
MAMASTERCARD INCORPORATED CL A$79.2M158,5430.90%
ABBVABBVIE INC COM$77.9M358,3280.89%
JNJJOHNSON & JOHNSON COM$75.6M309,1520.86%
WMTWALMART INC COM$64.5M519,0260.73%
BRK/BBERKSHIRE HATHAWAY INC DEL CL B NE$62.1M129,5460.71%
HDHOME DEPOT INC COM$59.1M179,6590.67%
ETNEATON CORP PLC SHS$55.9M156,1720.63%
AGGISHARES TR CORE US AGGBD ET$55.5M558,8510.63%
VEUVANGUARD INTL EQUITY INDEX F ALLWR$54.2M721,9600.62%
CSCOCISCO SYS INC COM$53.2M685,0270.60%
BACBANK AMERICA CORP COM$50.0M1,026,5760.57%
SCHDSCHWAB STRATEGIC TR US DIVIDEND EQ$48.7M1,587,1280.55%
KLACKLA CORP COM NEW$46.6M31,6650.53%
KOCOCA COLA CO COM$46.4M610,1110.53%
ORCLORACLE CORP COM$45.1M306,3170.51%
PMPHILIP MORRIS INTL INC COM$44.7M270,2040.51%
ETRENTERGY CORP NEW COM$42.8M381,2240.49%
AXPAMERICAN EXPRESS CO COM$41.1M136,0390.47%
VLOVALERO ENERGY CORP COM$40.9M165,5020.46%
NFLXNETFLIX INC. COM$40.4M420,1870.46%
ISRGINTUITIVE SURGICAL INC COM NEW$40.0M86,7530.45%
VWOVANGUARD INTL EQUITY INDEX F FTSE $39.2M725,9880.45%
PGPROCTER & GAMBLE CO COM$39.1M270,6500.44%
GLTRABRDN PRECIOUS METALS BASKET PHYSC$39.1M178,6980.44%
MRKMERCK & CO INC COM$36.2M300,9420.41%
CMICUMMINS INC COM$35.7M66,4010.41%
AEPAMERICAN ELEC PWR CO INC COM$34.8M265,5690.40%
ORLYOREILLY AUTOMOTIVE INC COM$33.8M366,1160.38%
BSVVANGUARD BD INDEX FDS SHORT TRM BO$32.3M412,4090.37%
GEGE AEROSPACE COM NEW$31.3M110,2810.36%
VOOVANGUARD INDEX FDS S&P 500 ETF SHS$30.8M51,5160.35%
NOWSERVICENOW INC COM$30.6M292,8440.35%
MCDMCDONALDS CORP COM$30.5M97,9870.35%
BKNGBOOKING HOLDINGS INC COM$29.6M7,0220.34%
LOWLOWES COS INC COM$29.5M124,8920.34%
COPCONOCOPHILLIPS COM$28.8M218,1440.33%
GEVGE VERNOVA INC COM$28.7M32,8840.33%
TXNTEXAS INSTRS INC COM$28.4M146,1540.32%
CCITIGROUP INC COM NEW$28.3M249,5850.32%
TSLATESLA INC COM$28.1M75,6150.32%
VZVERIZON COMMUNICATIONS INC COM$27.2M542,5760.31%
MCOMOODYS CORP COM$27.1M62,1490.31%
UNPUNION PAC CORP COM$27.1M111,5810.31%
DISDISNEY WALT CO COM$26.0M270,0390.30%
TRVTRAVELERS COMPANIES INC COM$25.7M88,2410.29%
RTXRTX CORPORATION COM$25.6M132,6030.29%
CBCHUBB LTD SWITZ COM$25.5M78,2130.29%
AMGNAMGEN INC COM$25.4M72,1830.29%
LRCXLAM RESEARCH CORP COM NEW$25.3M118,4750.29%
SHWSHERWIN WILLIAMS CO COM$24.7M76,9620.28%
DHRDANAHER CORP DEL COM$24.2M127,8040.28%
HONGBPHONEYWELL INTL INC COM$24.1M106,6820.27%
AJGGALLAGHER ARTHUR J & CO COM$23.9M110,3860.27%
TJXTJX COS INC NEW COM$23.8M148,8050.27%
EVRGEVERGY INC COM$23.4M285,1530.27%
MDTMEDTRONIC PLC SHS$22.9M264,6290.26%
CMECME GROUP INC COM$22.8M77,2470.26%
SYKSTRYKER CORPORATION COM$22.5M68,4560.26%
UNHUNITEDHEALTH GROUP INC COM$22.3M82,5270.25%
BABOEING CO COM$22.1M110,9570.25%
ICEINTERCONTINENTAL EXCHANGE IN COM$21.7M137,9110.25%
IVWISHARES TR S&P 500 GRWT ETF$21.5M189,8840.24%
BSXBOSTON SCIENTIFIC CORP COM$21.3M339,6610.24%
ADIANALOG DEVICES INC COM$21.3M66,9750.24%
IBMINTERNATIONAL BUSINESS MACHS COM$21.3M87,8470.24%
TMOTHERMO FISHER SCIENTIFIC INC COM$20.7M42,1570.24%
ANETARISTA NETWORKS INC COM SHS$20.4M166,3420.23%
LHXL3HARRIS TECHNOLOGIES INC COM$20.4M59,0210.23%
VVVANGUARD INDEX FDS LARGE CAP ETF$20.3M67,9370.23%
SPOTSPOTIFY TECHNOLOGY S A SHS$20.2M41,6060.23%
AMATAPPLIED MATLS INC COM$19.5M57,1960.22%
IVEISHARES TR S&P 500 VAL ETF$19.3M91,2900.22%
PSAPUBLIC STORAGE OPER CO COM$18.4M67,7490.21%
RIORIO TINTO PLC SPONSORED ADR$18.3M195,7690.21%
AMDADVANCED MICRO DEVICES INC COM$18.3M89,7410.21%
HCAHCA HEALTHCARE INC COM$18.1M38,1480.21%
ADPAUTOMATIC DATA PROCESSING IN COM$18.0M88,7060.20%
TAT&T INC COM$17.6M608,7820.20%
PLDPROLOGIS INC. COM$17.6M132,9770.20%
FANGDIAMONDBACK ENERGY INC COM$17.4M87,8480.20%
BRK/ABERKSHIRE HATHAWAY INC DEL CL A$17.2M240.20%
ABTABBOTT LABORATORIES COM$17.0M165,1560.19%
LINLINDE PLC SHS$16.7M33,6380.19%
MARMARRIOTT INTL INC NEW CL A$16.7M50,9150.19%
IJKISHARES TR S&P MC 400GR ETF$16.6M165,0730.19%
DVYISHARES TR SELECT DIVID ETF$16.6M109,5950.19%
BXBLACKSTONE INC COM$16.4M142,6110.19%
AONAON PLC SHS CL A$16.4M50,7810.19%
MOALTRIA GROUP INC COM$16.3M246,7460.18%
EEMISHARES TR MSCI EMG MKT ETF$16.0M281,5410.18%
AZNASTRAZENECA PLC ORD ADDED$15.7M79,7100.18%
RSPINVESCO EXCHANGE TRADED FD T S&P50$15.7M81,7860.18%
CINFCINCINNATI FINL CORP COM$15.6M99,2930.18%
FASTFASTENAL CO COM$15.3M330,5420.17%
SBUXSTARBUCKS CORP COM$15.2M169,6470.17%
CARRCARRIER GLOBAL CORPORATION COM$15.2M269,2940.17%
VBRVANGUARD INDEX FDS SM CP VAL ETF$15.1M69,3240.17%
MPWRMONOLITHIC PWR SYS INC COM$15.0M13,7550.17%
TMUST-MOBILE US INC COM$15.0M71,3100.17%
CMGCHIPOTLE MEXICAN GRILL INC COM$14.8M461,9340.17%
UBERUBER TECHNOLOGIES INC COM$14.6M203,6430.17%
QSRRESTAURANT BRANDS INTL INC COM$14.6M198,0140.17%
HYGISHARES TR IBOXX HI YD ETF$14.6M183,6030.17%
NEMNEWMONT CORP COM$14.0M129,6290.16%
JJACOBS SOLUTIONS INC COM$13.8M108,1640.16%
PEPPEPSICO INC COM$13.7M88,3210.16%
REGREGENCY CTRS CORP COM$13.6M179,9570.15%
KKRKKR & CO INC COM$13.5M145,5690.15%
VBKVANGUARD INDEX FDS SML CP GRW ETF$13.4M44,4410.15%
CRMSALESFORCE INC COM$13.2M70,4460.15%
KRESPDR SERIES TRUST STATE STREET SPD$12.4M190,4330.14%
TTTRANE TECHNOLOGIES PLC SHS$12.4M29,7690.14%
OMCOMNICOM GROUP INC COM$12.4M164,6060.14%
HHYATT HOTELS CORP COM CL A$12.3M85,7340.14%
ASMLASML HLDG NV N Y REGISTRY SHS$12.3M9,3160.14%
QCOMQUALCOMM INC COM$12.2M94,6320.14%
EQTEQT CORP COM$12.0M188,5080.14%
ROYAL CARIBBEAN GROUP COROYAL CARIBBEAN GROUP COM$12.0M43,4840.14%
AZOAUTOZONE INC COM$12.0M3,5410.14%
IJHISHARES TR CORE S&P MCP ETF$11.9M175,7610.13%
PANWPALO ALTO NETWORKS INC COM$11.8M73,7570.13%
GDGENERAL DYNAMICS CORP COM$11.8M34,4010.13%
NVONOVO-NORDISK A S ADR$11.7M319,0460.13%

This table is the 150 largest positions by value, out of 1,393 reported. The search box only searches what is on this page — a name absent from it may still be in the filing further down the book. The full info table is here.

Rows are aggregated by CUSIP — a manager files the same security multiple times when different internal desks hold it. Tickers link to our own backtest of that asset where we cover it.

Read the original

This page was built from one document: the 2026-03-31 Form 13F info table filed by Cullen/Frost Bankers, Inc. (CIK 39263, accession 0000039263-26-000037). Every other 13F site is reading the same file.

If anything here disagrees with it, the filing wins — and we would want to know. All 13F filings by this manager

What a 13F cannot show you

A 13F is a long-only equity snapshot, and the holes in it are structural. Anyone selling you this data as "what the smart money is doing" is selling you one leg of a position:

  • No short positions. None, ever. A fund shown here as bullish may be net short the same name through a book you cannot see.
  • No cash, bonds, FX, commodities or non-US listings. A macro fund's entire thesis can be invisible.
  • No intra-quarter round trips. Bought and sold inside the same quarter means it never appears at all.
  • Options are notional, not ownership. We keep puts and calls in a separate bucket rather than adding their notional into a fund's book size, which is how a $2B fund gets reported as a $20B one.
  • Confidential treatment. Managers can ask the SEC to withhold a position while they build it. Those holdings are legally absent from the filing, so a "new" position may be months old.

Tested and published by IndicatorEdge · backtest grid generated 2026-06-25 · base rates recomputed 2026-07-31 · how we test

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