Cullen Capital Management, LLC

Name: Cullen Capital Management, LLC 13F holdings, Q2 2025
Creator: Cullen Capital Management, LLC
Published: 2025-09-30

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed September 30, 2025), Cullen Capital Management, LLC reported 198 stock positions worth $8.8 billion. Its top holding was JPMorgan Chase (JPM) at 3.5% of the portfolio, followed by Cisco Systems (CSCO, 3.2%) and Bank of America (BAC, 3.0%). Compared with Q1 2025, it opened 11 new positions, sold out of 18, added to 79 and reduced 85. The biggest buy was a new position in Becton Dickinson and (BDX) and the biggest sale Kenvue (KVUE, shares −73%).

Most Recent 13F: Q2 2026
Location: New York, NY
CIK: 0001362535
Portfolio Value: $8.8B (Q2 2025)
SEC Filing: 0001193125-25-224592 ↗ filed Sep 30, 2025

Holdings Value

Holdings 198 stocks · $8.8B


JPM JPMorgan Chase & Co.	3.46%	1,047,243	$303.6M	Reduce -1.9%
CSCO Cisco Systems Inc.	3.19%	4,035,596	$280.0M	Reduce -3.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP	2.97%	5,507,486	$260.6M	Add +0.1%
NVS Novartis AG-Sponsored ADR	2.89%	2,096,852	$253.7M	Reduce -0.6%
DUK Duke Energy Corp.	2.75%	2,049,613	$241.9M	Reduce -3.1%
MDT Medtronic PLC	2.68%	2,701,420	$235.5M	Reduce -0.7%
C Citigroup Inc.	2.67%	2,757,364	$234.7M	Reduce -1.4%
AVGO Broadcom Inc.	2.63%	837,455	$230.8M	Reduce -1.5%
MS Morgan Stanley	2.62%	1,636,014	$230.4M	Reduce -1.6%
T AT&T Inc.	2.62%	7,944,442	$229.9M	Add +24.9%
PM Philip Morris International	2.57%	1,240,048	$225.8M	Reduce -4.1%
GD General Dynamics Corp.	2.46%	741,984	$216.4M	Reduce -1.3%
RTX RTX Corp.	2.45%	1,473,335	$215.1M	Reduce -24.4%
VICI Vici Properties Inc. filed as VICI PPTYS INC	2.39%	6,426,523	$209.5M	Reduce -0.5%
JCI Johnson Controls Internation	2.39%	1,983,526	$209.5M	Reduce -29.9%
XOM Exxon Mobil Corp.	2.37%	1,929,306	$208.0M	Reduce -0.5%
CB Chubb Ltd.	2.29%	695,502	$201.5M	Reduce -0.6%
JNJ Johnson & Johnson	2.11%	1,211,617	$185.1M	Reduce -1.9%
MRK Merck & Co. Inc.	2.05%	2,276,476	$180.2M	Add +1.8%
TFC Truist Financial Corp.	2.04%	4,164,716	$179.0M	Reduce -7.1%
COP Conocophillips	1.98%	1,934,767	$173.6M	Add +52.7%
CMCSA Comcast Corp. Class A	1.97%	4,838,708	$172.7M	Reduce -9.5%
NEE Nextera Energy Inc.	1.96%	2,476,861	$171.9M	Reduce -2.0%
DOC Healthpeak Properties Inc.	1.91%	9,591,104	$167.9M	Reduce -5.0%
GPC Genuine Parts Co.	1.87%	1,353,327	$164.2M	Add +0.1%
UL Unilever PLC	1.77%	2,546,500	$155.8M	Reduce -1.9%
MO Altria Group Inc.	1.75%	2,617,603	$153.5M	Reduce -9.2%
TRV The Travelers Cos Inc.	1.59%	520,886	$139.4M	Reduce -1.4%
UPS United Parcel Service Class B	1.52%	1,323,656	$133.6M	Add +9.3%
LOW Lowe's Cos Inc.	1.48%	585,937	$130.0M	Add +7.7%
CVX Chevron Corp.	1.48%	904,996	$129.6M	Reduce -36.5%
CCI Crown Castle Inc.	1.33%	1,132,720	$116.4M	Add +2.8%
MSFT Microsoft Corp.	1.23%	217,237	$108.1M	Reduce -3.0%
TGT Target Corp.	1.08%	965,219	$95.2M	Add +2.7%
PFE Pfizer Inc.	1.01%	3,643,578	$88.3M	Reduce -22.9%
QCOM Qualcomm Inc.	0.98%	542,906	$86.5M	Add +10.0%
DOW Dow Inc.	0.96%	3,184,041	$84.3M	Reduce -29.9%
BCE Bce Inc.	0.91%	3,597,380	$79.8M	Reduce -41.6%
DEO Diageo PLC-Sponsored ADR	0.90%	781,444	$78.8M	Reduce -0.3%
OMC Omnicom Group	0.89%	1,084,737	$78.0M	Add +7.3%
EOG EOG Resources Inc.	0.79%	576,470	$69.0M	Add +4.7%
VZ Verizon Communications Inc.	0.76%	1,538,098	$66.6M	Add +2.0%
BTI British American Tob-SP ADR	0.76%	1,401,922	$66.4M	Add +16.9%
BDX Becton Dickinson and Co.	0.72%	368,568	$63.5M	New
PPL PPL Corp.	0.71%	1,847,742	$62.6M	Reduce -0.9%
BMY Bristol-Myers Squibb Co.	0.66%	1,261,070	$58.4M	Add +12.7%
ASX Ase Technology Holding -ADR	0.66%	5,580,176	$57.6M	Add +24.1%
NGG National Grid PLC-SP ADR	0.64%	758,795	$56.5M	New
CAG Conagra Brands Inc.	0.64%	2,740,013	$56.1M	Add +4497.6%
CCEP Coca-Cola Europacific Partne	0.61%	576,776	$53.5M	Add +2.3%
TSM Taiwan Semiconductor-SP ADR	0.61%	235,376	$53.3M	Add +43.1%
PCAR Paccar Inc.	0.61%	560,405	$53.3M	New
SYY Sysco Corp.	0.60%	698,965	$52.9M	Add +2.0%
KVUE Kenvue Inc.	0.59%	2,484,940	$52.0M	Reduce -72.5%
RIO Rio Tinto PLC-Spon ADR	0.59%	882,679	$51.5M	Reduce -4.7%
KOF Coca-Cola Femsa Sab-SP ADR	0.58%	531,055	$51.4M	Add +2.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.58%	173,053	$51.0M	Reduce -7.8%
BAX Baxter International Inc.	0.57%	1,651,542	$50.0M	Add +10.4%
KDP Keurig Dr Pepper Inc.	0.56%	1,498,536	$49.5M	Reduce -16.6%
ENB Enbridge Inc.	0.55%	1,070,038	$48.5M	Add +29.4%
PPG PPG Industries Inc.	0.53%	411,757	$46.8M	New
IBN Icici Bank Ltd.-Spon ADR	0.53%	1,384,763	$46.6M	Add +0.1%
PNC PNC Financial Services Group	0.43%	204,875	$38.2M	Add +3.8%
SHEL Shell PLC-ADR	0.39%	485,378	$34.2M	Add +5.5%
PBR Petroleo Brasileiro-Spon ADR	0.38%	2,636,074	$33.0M	Add +5.2%
TM Toyota Motor Corp. -Spon ADR	0.31%	157,494	$27.1M	Reduce -1.0%
NSC Norfolk Southern Corp.	0.27%	92,087	$23.6M	New
XLC SS Comm Select Sector SPDR	0.25%	205,981	$22.4M	Add +2592.9%
SW Smurfit Westrock PLC	0.25%	514,091	$22.2M	Reduce -39.6%
SNY Sanofi-ADR	0.24%	437,824	$21.2M	Add +9.2%
CPA Copa Holdings SA Class A	0.23%	184,228	$20.3M	Add +111.1%
XLV SS Health Care Select Sector	0.22%	143,463	$19.3M	Add +2879.5%
TTE Totalenergies SE -Spon ADR	0.18%	252,335	$15.5M	Add +10.1%
EWY iShares MSCI South Korea ETF	0.16%	196,402	$14.1M	Add +94.0%
LAUR Laureate Education Inc.	0.16%	602,831	$14.1M	Reduce -30.3%
EPI Wisdomtree India Earnings	0.11%	210,075	$10.0M	Add +15.9%
XLF SS Financial Select Sector	0.11%	185,424	$9.7M	Add +4370.2%
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC	0.10%	111,477	$9.2M	Add +19.6%
XLI SS Industrial Select Sector	0.10%	61,155	$9.0M	Add +1197.9%
EWT iShares MSCI Taiwan ETF	0.10%	156,851	$9.0M	Add +24.6%
BABA Alibaba Group Holding-SP ADR	0.08%	64,542	$7.3M	Reduce -1.3%
XLK SS Technology Select Sector	0.08%	27,478	$7.0M	Add +1363.9%
ORCL Oracle Corp.	0.07%	29,363	$6.4M	Reduce -1.5%
AXP American Express Co.	0.06%	17,007	$5.4M	Add +2.1%
EWM iShares MSCI Malaysia ETF	0.06%	206,733	$5.0M	Reduce -1.0%
ETN Eaton Corp. PLC	0.05%	13,051	$4.7M	Reduce -2.6%
CI The Cigna Group	0.05%	13,931	$4.6M	Add +2.5%
ITUB Itau Unibanco H-Spon PRF ADR	0.05%	675,383	$4.6M	New
WMT Walmart Inc.	0.05%	44,033	$4.3M	Reduce -6.2%
HON Honeywell International Inc.	0.05%	18,068	$4.2M	Reduce -0.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.05%	32,982	$4.1M	Add +3.5%
MDLZ Mondelez International Inc. Class A	0.05%	59,970	$4.0M	Reduce -89.9%
XLB SS Materials Select Sector	0.05%	45,086	$4.0M	Add +474.6%
SRE Sempra	0.04%	48,858	$3.7M	Reduce -8.3%
AMAT Applied Materials Inc.	0.04%	20,163	$3.7M	Add +2.7%
ALL Allstate Corp.	0.04%	18,283	$3.7M	Add +2.9%
ET Energy Transfer LP	0.04%	192,994	$3.5M	Reduce -15.5%
BWA Borgwarner Inc.	0.04%	98,970	$3.3M	Add +4.2%
EPD Enterprise Products Partners	0.04%	106,851	$3.3M	Reduce -1.9%
BIL SS SPDR BB 1-3M T-Bill ETF	0.04%	35,596	$3.3M	Add +59.2%
INDA iShares MSCI India ETF	0.04%	56,875	$3.2M	Add +1.4%
AXTA Axalta Coating Systems Ltd.	0.03%	102,987	$3.1M	Add +3.6%
ARW Arrow Electronics Inc.	0.03%	22,265	$2.8M	Add +0.5%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC	0.03%	31,846	$2.7M	Reduce -58.5%
PKG Packaging Corp. of America	0.03%	12,254	$2.3M	Add +0.1%
RJF Raymond James Financial Inc.	0.02%	14,087	$2.2M	Add +7.4%
UNP Union Pacific Corp.	0.02%	9,210	$2.1M	Reduce -8.2%
MCD McDonald's Corp.	0.02%	7,001	$2.0M	Reduce -0.6%
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.02%	19,892	$2.0M	Add +14.8%
MU Micron Technology Inc.	0.02%	14,180	$1.7M	Add +7.3%
GE General Electric filed as GE AEROSPACE	0.02%	6,451	$1.7M	No change
BA The Boeing Co.	0.02%	7,872	$1.6M	Add +0.3%
CNI Canadian Natl Railway Co.	0.02%	15,662	$1.6M	Reduce -7.1%
CSX CSX Corp.	0.02%	49,064	$1.6M	Add +7.3%
SPG Simon Property Group Inc.	0.02%	9,896	$1.6M	Add +7.3%
GOOGL Alphabet Inc. Class A	0.02%	8,598	$1.5M	Add +6.9%
DD Dupont DE Nemours Inc.	0.02%	21,740	$1.5M	Add +7.4%
FHN First Horizon Corp.	0.02%	70,211	$1.5M	Reduce -0.3%
PG The Procter & Gamble Co.	0.02%	9,269	$1.5M	Reduce -1.3%
FIS Fidelity National Info Serv	0.02%	17,510	$1.4M	Add +7.1%
WBD Warner Bros Discovery Inc.	0.01%	109,690	$1.3M	Add +7.3%
GLDD Great Lakes Dredge & Dock Co.	0.01%	97,128	$1.2M	Reduce -18.0%
MMM 3M Co.	0.01%	7,315	$1.1M	Reduce -0.1%
PEP Pepsico Inc.	0.01%	8,118	$1.1M	Reduce -2.6%
AAPL Apple Inc.	0.01%	4,940	$1.0M	Reduce -22.1%
ABCB Ameris Bancorp	0.01%	15,633	$1.0M	Reduce -4.7%
WTRG Essential Utilities Inc.	0.01%	26,704	$992K	No change
ADM Archer-Daniels-Midland Co.	0.01%	17,492	$923K	Reduce -20.0%
KMB Kimberly-Clark Corp.	0.01%	6,870	$886K	Add +17.6%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.01%	10,748	$878K	New
PSA Public Storage	0.01%	2,991	$878K	Add +314.8%
AWK American Water Works Co. Inc.	0.01%	6,291	$875K	Reduce -26.0%
TREE Lendingtree Inc.	0.01%	23,604	$875K	Reduce -14.0%
GEV GE Vernova Inc.	0.01%	1,600	$847K	No change
TTEK Tetra Tech Inc.	0.01%	22,441	$807K	Add +56.3%
DOUG Douglas Elliman Inc.	0.01%	346,901	$805K	Reduce -5.2%
WSBC Wesbanco Inc.	0.01%	25,429	$804K	Reduce -19.8%
PEG Public Service Enterprise GP	0.01%	8,999	$758K	No change
CNM Core & Main Inc. Class A	0.01%	12,494	$754K	Add +13.9%
KO The Coca-Cola Co.	0.01%	10,429	$738K	No change
CUZ Cousins Properties Inc.	0.01%	24,365	$732K	Reduce -14.6%
ST Sensata Technologies Holdplc	0.01%	23,792	$716K	Reduce -20.0%
WMS Advanced Drainage Systems Inc.	0.01%	6,011	$690K	Add +30.0%
VAC Marriott Vacations World	0.01%	9,504	$687K	Add +22.0%
VLTO Veralto Corp.	0.01%	6,804	$687K	Add +30.1%
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI	0.01%	30,986	$681K	Add +163.4%
XYL Xylem Inc.	0.01%	5,101	$660K	No change
SSB Southstate Bank Corp.	0.01%	7,143	$657K	New
WPC WP Carey Inc.	0.01%	10,467	$653K	Add +82.7%
CTRA Coterra Energy Inc.	0.01%	24,896	$632K	Add +0.0%
GRTUF Granite Real Estate Investme	0.01%	12,315	$623K	Add +50.4%
KFY Korn Ferry	0.01%	8,480	$622K	Reduce -28.6%
AWR American States Water Co. filed as AMER STATES WTR CO	0.01%	8,074	$619K	Reduce -21.9%
POR Portland General Electric Co.	0.01%	15,230	$619K	Reduce -0.0%
PNR Pentair PLC	0.01%	5,973	$613K	Add +13.0%
SWIM Latham Group Inc.	0.01%	94,429	$602K	No change
HIW Highwoods Properties Inc.	0.01%	18,542	$576K	Reduce -32.5%
FIBK First Interstate Bancsys-A	0.01%	19,877	$573K	Add +9.1%
CWT California Water Service Grp	0.01%	12,487	$568K	No change
SFNC Simmons First Natl Corp. Class A	0.01%	29,907	$567K	Reduce -11.4%
XLP SS Consumer Staples Sel Sect	0.01%	6,792	$550K	Add +37.1%
EFSC Enterprise Financial Service	0.01%	8,513	$469K	Reduce -7.9%
LIN Linde PLC	0.01%	976	$458K	No change
MHO M/I Homes Inc.	0.01%	4,081	$458K	Add +34.3%
HTO H2O America	0.01%	8,507	$442K	Add +51.0%
NMRK Newmark Group Inc. Class A	0.01%	36,377	$442K	New
WTTR Select Water Solutions Inc.	0.01%	50,493	$436K	Reduce -0.3%
XLRE SS Real Estate Select Sector	0.00%	10,453	$433K	New
PFSI Pennymac Financial Services	0.00%	4,185	$417K	Reduce -48.6%
VWO Vanguard Ftse Emerging Marke	0.00%	8,420	$416K	Reduce -60.0%
MBC Masterbrand Inc.	0.00%	38,004	$415K	Reduce -27.4%
VNOM Viper Energy Inc. Class A	0.00%	10,868	$414K	New
MBUU Malibu Boats Inc. Class A	0.00%	12,686	$398K	Reduce -1.8%
CP Canadian Pacific Kansas City	0.00%	4,953	$393K	No change
VMI Valmont Industries	0.00%	1,168	$381K	No change
WY Weyerhaeuser Co.	0.00%	14,397	$370K	No change
CWCO Consolidated Water Co.-Ord SH	0.00%	11,577	$348K	Reduce -15.6%
CROX Crocs Inc.	0.00%	3,369	$341K	Reduce -9.6%
MAS Masco Corp.	0.00%	5,277	$340K	No change
CAT Caterpillar Inc.	0.00%	869	$337K	No change
D Dominion Energy Inc.	0.00%	5,936	$336K	Reduce -13.7%
YORW York Water Co. filed as YORK WTR CO	0.00%	10,475	$331K	No change
GWRS Global Water Resources Inc.	0.00%	31,573	$322K	No change
STN Stantec Inc.	0.00%	2,903	$315K	Reduce -28.4%
LDI Loandepot Inc. Class A	0.00%	243,648	$309K	Reduce -24.9%
PLD Prologis Inc.	0.00%	2,920	$307K	No change
XLE SS Energy Select Sector	0.00%	3,325	$282K	Add +22.7%
ARTNA Artesian Resources Corp. Class A	0.00%	7,887	$265K	No change
MSEX Middlesex Water Co.	0.00%	4,695	$254K	No change
AOS Smith (a.o.) Corp.	0.00%	3,873	$254K	No change
LNN Lindsay Corp.	0.00%	1,704	$246K	No change
ECL Ecolab Inc.	0.00%	872	$235K	Add +9.4%
XLY SS Consumer Disc Select Sect	0.00%	1,074	$233K	Reduce -57.3%
ABBV Abbvie Inc.	0.00%	1,247	$231K	Reduce -46.8%
PCH Potlatchdeltic Corp.	0.00%	5,926	$227K	No change
SUZ Suzano SA - Spon ADR	0.00%	19,595	$184K	No change
UA Under Armour Inc. Class C	0.00%	26,160	$170K	Reduce -19.2%
UIS Unisys Corp.	0.00%	23,999	$109K	Reduce -62.3%

Portfolio Sells Q1 2025 → Q2 2025


KVUE Kenvue Inc.	Reduce -72.5%	0.59%	−1.91
CVX Chevron Corp.	Reduce -36.5%	1.48%	−1.28
DOW Dow Inc.	Reduce -29.9%	0.96%	−0.87
BCE Bce Inc.	Reduce -41.6%	0.91%	−0.73
RTX RTX Corp.	Reduce -24.4%	2.45%	−0.53
DOC Healthpeak Properties Inc.	Reduce -5.0%	1.91%	−0.45
MDLZ Mondelez International Inc. Class A	Reduce -89.9%	0.05%	−0.42
PFE Pfizer Inc.	Reduce -22.9%	1.01%	−0.38
CMCSA Comcast Corp. Class A	Reduce -9.5%	1.97%	−0.31
XOM Exxon Mobil Corp.	Reduce -0.5%	2.37%	−0.29
JNJ Johnson & Johnson	Reduce -1.9%	2.11%	−0.26
MO Altria Group Inc.	Reduce -9.2%	1.75%	−0.25
JCI Johnson Controls Internation	Reduce -29.9%	2.39%	−0.23
DUK Duke Energy Corp.	Reduce -3.1%	2.75%	−0.23
SW Smurfit Westrock PLC	Reduce -39.6%	0.25%	−0.19
KDP Keurig Dr Pepper Inc.	Reduce -16.6%	0.56%	−0.15
CB Chubb Ltd.	Reduce -0.6%	2.29%	−0.15
MDT Medtronic PLC	Reduce -0.7%	2.68%	−0.14
NEE Nextera Energy Inc.	Reduce -2.0%	1.96%	−0.11
TFC Truist Financial Corp.	Reduce -7.1%	2.04%	−0.09
TCOM Trip.com Group Ltd.-ADR	Sold out	0.00%	−0.08
PPL PPL Corp.	Reduce -0.9%	0.71%	−0.06
RIO Rio Tinto PLC-Spon ADR	Reduce -4.7%	0.59%	−0.06
DEO Diageo PLC-Sponsored ADR	Reduce -0.3%	0.90%	−0.05
KSPI JSC Kaspi.kz ADR	Reduce -58.5%	0.03%	−0.05
VICI Vici Properties Inc.	Reduce -0.5%	2.39%	−0.05
LAUR Laureate Education Inc.	Reduce -30.3%	0.16%	−0.04
KTB Kontoor Brands Inc.	Sold out	0.00%	−0.04
TRV The Travelers Cos Inc.	Reduce -1.4%	1.59%	−0.03
BABA Alibaba Group Holding-SP ADR	Reduce -1.3%	0.08%	−0.02
TM Toyota Motor Corp. -Spon ADR	Reduce -1.0%	0.31%	−0.02
VNOM Viper Energy Inc.	Sold out	0.00%	−0.01
UL Unilever PLC	Reduce -1.9%	1.77%	−0.01
BX Blackstone Inc.	Sold out	0.00%	−0.01
ET Energy Transfer LP	Reduce -15.5%	0.04%	−0.01
SSB Southstate Bank Corp.	Sold out	0.00%	−0.01
EFV iShares MSCI Eafe Value ETF	Sold out	0.00%	−0.01
VWO Vanguard Ftse Emerging Marke	Reduce -60.0%	0.00%	−0.01
TREE Lendingtree Inc.	Reduce -14.0%	0.01%	−0.01
EPD Enterprise Products Partners	Reduce -1.9%	0.04%	−0.01
AAPL Apple Inc.	Reduce -22.1%	0.01%	−0.00
PFSI Pennymac Financial Services	Reduce -48.6%	0.00%	−0.00
AWK American Water Works Co. Inc.	Reduce -26.0%	0.01%	−0.00
STR Sitio Royalties Corp. Class A	Sold out	0.00%	−0.00
ZWS Zurn Elkay Water Solutions C	Sold out	0.00%	−0.00
IWN iShares Russell 2000 Value E	Sold out	0.00%	−0.00
UNP Union Pacific Corp.	Reduce -8.2%	0.02%	−0.00
MBC Masterbrand Inc.	Reduce -27.4%	0.00%	−0.00
XLY SS Consumer Disc Select Sect	Reduce -57.3%	0.00%	−0.00
ABBV Abbvie Inc.	Reduce -46.8%	0.00%	−0.00

Portfolio Buys Q1 2025 → Q2 2025


BDX Becton Dickinson and Co.	New	0.72%	+0.72
NGG National Grid PLC-SP ADR	New	0.64%	+0.64
CAG Conagra Brands Inc.	Add +4497.6%	0.64%	+0.62
PCAR Paccar Inc.	New	0.61%	+0.61
T AT&T Inc.	Add +24.9%	2.62%	+0.54
PPG PPG Industries Inc.	New	0.53%	+0.53
COP Conocophillips	Add +52.7%	1.98%	+0.44
BAC Bank of America Corp.	Add +0.1%	2.97%	+0.32
TSM Taiwan Semiconductor-SP ADR	Add +43.1%	0.61%	+0.29
NSC Norfolk Southern Corp.	New	0.27%	+0.27
XLC SS Comm Select Sector SPDR	Add +2592.9%	0.25%	+0.25
XLV SS Health Care Select Sector	Add +2879.5%	0.22%	+0.21
ASX Ase Technology Holding -ADR	Add +24.1%	0.66%	+0.20
BTI British American Tob-SP ADR	Add +16.9%	0.76%	+0.18
CPA Copa Holdings SA Class A	Add +111.1%	0.23%	+0.14
ENB Enbridge Inc.	Add +29.4%	0.55%	+0.13
QCOM Qualcomm Inc.	Add +10.0%	0.98%	+0.11
XLF SS Financial Select Sector	Add +4370.2%	0.11%	+0.11
EWY iShares MSCI South Korea ETF	Add +94.0%	0.16%	+0.10
XLI SS Industrial Select Sector	Add +1197.9%	0.10%	+0.10
XLK SS Technology Select Sector	Add +1363.9%	0.08%	+0.07
ITUB Itau Unibanco H-Spon PRF ADR	New	0.05%	+0.05
KB KB Financial Group Inc.-ADR	Add +19.6%	0.10%	+0.05
CCEP Coca-Cola Europacific Partne	Add +2.3%	0.61%	+0.04
KOF Coca-Cola Femsa Sab-SP ADR	Add +2.4%	0.58%	+0.04
XLB SS Materials Select Sector	Add +474.6%	0.05%	+0.04
PNC PNC Financial Services Group	Add +3.8%	0.43%	+0.03
EWT iShares MSCI Taiwan ETF	Add +24.6%	0.10%	+0.03
IBN Icici Bank Ltd.-Spon ADR	Add +0.1%	0.53%	+0.03
EPI Wisdomtree India Earnings	Add +15.9%	0.11%	+0.02
LOW Lowe's Cos Inc.	Add +7.7%	1.48%	+0.01
BIL SS SPDR BB 1-3M T-Bill ETF	Add +59.2%	0.04%	+0.01
DIS The Walt Disney Co.	Add +3.5%	0.05%	+0.01
AXP American Express Co.	Add +2.1%	0.06%	+0.01
XLU St Sr Utl SL SE SPDR ETF-Usd	New	0.01%	+0.01
AMAT Applied Materials Inc.	Add +2.7%	0.04%	+0.01
SYY Sysco Corp.	Add +2.0%	0.60%	+0.01
GPC Genuine Parts Co.	Add +0.1%	1.87%	+0.01
PSA Public Storage	Add +314.8%	0.01%	+0.01
SSB Southstate Bank Corp.	New	0.01%	+0.01
MU Micron Technology Inc.	Add +7.3%	0.02%	+0.01
BWA Borgwarner Inc.	Add +4.2%	0.04%	+0.01
ARW Arrow Electronics Inc.	Add +0.5%	0.03%	+0.01
SBS Cia Saneamento Basico DE-ADR	Add +163.4%	0.01%	+0.01
TTE Totalenergies SE -Spon ADR	Add +10.1%	0.18%	+0.01
NMRK Newmark Group Inc. Class A	New	0.01%	+0.01
XLRE SS Real Estate Select Sector	New	0.00%	+0.00
VNOM Viper Energy Inc. Class A	New	0.00%	+0.00
TTEK Tetra Tech Inc.	Add +56.3%	0.01%	+0.00
RJF Raymond James Financial Inc.	Add +7.4%	0.02%	+0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	208	$10.2B	NVS, CSCO, MS, JNJ, C
Q1 2026	213	$9.8B	NVS, CSCO, JNJ, XOM, BAC
Q4 2025	225	$9.2B	CSCO, NVS, BAC, JPM, C
Q3 2025	217	$9.1B	JPM, BAC, CSCO, NVS, MDT
Q2 2025	198	$8.8B	JPM, CSCO, BAC, NVS, DUK
Q1 2025	205	$8.7B	JPM, RTX, DUK, CSCO, MDT
Q4 2024	208	$8.6B	JPM, CSCO, BAC, PM, JCI
Q3 2024	206	$9.2B	JPM, PM, NVS, RTX, MS
Q2 2024	209	$8.7B	JPM, NVS, MS, BAC, XOM
Q1 2024	197	$9.0B	JPM, NVS, MS, XOM, BAC