Cullen Investment Group, LTD.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 4, 2024), Cullen Investment Group, LTD. reported 183 stock positions worth $634.7 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 6.9% of the portfolio, followed by Apple (AAPL, 6.1%) and Microsoft (MSFT, 6.0%). Compared with Q4 2023, it opened 12 new positions, sold out of 1, added to 90 and reduced 73. The biggest buy was Eaton (ETN, shares +2%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- LAFAYETTE, LA
- CIK
- 0000797203
- Portfolio Value
- $634.7M (Q1 2024)
- SEC Filing
- 0000797203-24-000003 ↗ filed Apr 4, 2024
Holdings Value
Holdings 183 stocks · $634.7M
| BRK.B Berkshire Hathaway Inc. Class B | 6.85% | 103,849 | $43.5M | Add +0.1% |
| AAPL Apple Inc. | 6.12% | 230,026 | $38.8M | Reduce -1.2% |
| MSFT Microsoft Corp. | 6.01% | 90,517 | $38.1M | Add +0.1% |
| ETN Eaton Corp. PLC | 3.58% | 72,215 | $22.7M | Add +2.3% |
| JPM JPMorgan Chase & Co. | 3.21% | 102,334 | $20.4M | Add +1.2% |
| WMT Walmart Inc. | 3.09% | 331,282 | $19.6M | Add +3.2% |
| GOOG Alphabet Inc. Class C | 2.56% | 104,414 | $16.3M | Reduce -0.4% |
| MRK Merck & Co. Inc. | 1.89% | 92,190 | $12.0M | Add +3.0% |
| UNP Union Pacific Corp. | 1.83% | 47,873 | $11.6M | Add +1.0% |
| AMZN Amazon.com Inc. | 1.80% | 63,336 | $11.4M | Reduce -1.2% |
| DE Deere & Co. | 1.80% | 28,303 | $11.4M | Add +0.8% |
| AVGO Broadcom Inc. | 1.79% | 8,482 | $11.4M | Add +3.6% |
| JNJ Johnson & Johnson | 1.70% | 68,585 | $10.8M | Add +2.7% |
| MPC Marathon Petroleum Corp. | 1.64% | 49,193 | $10.4M | Add +8.3% |
| LLY Eli Lilly & Co. | 1.63% | 13,573 | $10.4M | Reduce -0.6% |
| V Visa Inc. Class A | 1.61% | 36,666 | $10.2M | Reduce -2.1% |
| CMCSA Comcast Corp. Class A | 1.56% | 237,108 | $9.9M | Add +2.5% |
| SBUX Starbucks Corp. | 1.52% | 108,019 | $9.6M | Reduce -4.4% |
| NVDA Nvidia Corp. | 1.49% | 10,580 | $9.5M | Reduce -0.2% |
| EPD Enterprise Products Partners | 1.33% | 284,724 | $8.5M | Reduce -0.5% |
| TT Trane Technologies PLC | 1.33% | 28,348 | $8.4M | Add +2.6% |
| CB Chubb Ltd. | 1.16% | 28,717 | $7.4M | Add +12.3% |
| PEP Pepsico Inc. | 1.14% | 42,230 | $7.2M | Reduce -1.8% |
| MSI Motorola Solutions Inc. | 1.14% | 20,492 | $7.2M | Add +14.7% |
| LOW Lowe's Cos Inc. | 1.10% | 28,480 | $7.0M | Reduce -6.5% |
| VZ Verizon Communications Inc. | 1.07% | 158,953 | $6.8M | Add +1.2% |
| HD Home Depot Inc. | 1.06% | 18,565 | $6.7M | Add +5.2% |
| MKC McCormick & Co.-Non VTG SHRS | 1.00% | 80,822 | $6.3M | Reduce -3.5% |
| CRM Salesforce Inc. | 0.96% | 20,015 | $6.1M | Reduce -0.6% |
| MDT Medtronic PLC | 0.96% | 71,227 | $6.1M | Add +4.4% |
| XOM Exxon Mobil Corp. | 0.87% | 46,115 | $5.5M | Reduce -2.7% |
| DVN Devon Energy Corp. | 0.86% | 106,200 | $5.5M | Add +7.7% |
| CVX Chevron Corp. | 0.86% | 33,985 | $5.4M | Add +22.6% |
| PG The Procter & Gamble Co. | 0.84% | 33,017 | $5.3M | Add +0.5% |
| CME Cme Group Inc. | 0.83% | 24,548 | $5.3M | Add +7.3% |
| POOL Pool Corp. | 0.81% | 13,135 | $5.1M | Add +1.6% |
| CMI Cummins Inc. | 0.80% | 17,079 | $5.1M | Reduce -1.4% |
| BBY Best Buy Co. Inc. | 0.79% | 62,762 | $5.0M | Add +7.5% |
| JCI Johnson Controls Internation | 0.78% | 75,896 | $5.0M | Add +6.8% |
| BLK BlackRock Finance Inc. | 0.78% | 6,072 | $5.0M | Reduce -6.9% |
| GRMN Garmin Ltd. | 0.76% | 33,229 | $4.8M | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 0.76% | 97,407 | $4.8M | Add +8.1% |
| DRI Darden Restaurants Inc. | 0.75% | 29,133 | $4.8M | Add +4.8% |
| IQV Iqvia Holdings Inc. | 0.75% | 19,392 | $4.8M | Add +1.0% |
| SYK Stryker Corp. | 0.72% | 13,015 | $4.5M | Reduce -1.2% |
| APD Air Products & Chemicals Inc. | 0.70% | 18,442 | $4.4M | Add +10.7% |
| META Meta Platforms Inc. Class A | 0.68% | 8,653 | $4.3M | Reduce -0.1% |
| MA Mastercard Inc. Class A | 0.67% | 8,925 | $4.3M | Reduce -7.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.65% | 33,668 | $4.1M | Reduce -1.5% |
| RJF Raymond James Financial Inc. | 0.60% | 29,737 | $3.8M | Reduce -4.3% |
| CAT Caterpillar Inc. | 0.51% | 8,953 | $3.3M | Add +3.8% |
| CP Canadian Pacific Kansas City | 0.47% | 34,042 | $3.0M | Reduce -2.6% |
| AMD Advanced Micro Devices | 0.47% | 16,564 | $3.0M | Add +3.0% |
| AXP American Express Co. | 0.45% | 12,788 | $2.9M | Reduce -2.6% |
| ENB Enbridge Inc. | 0.44% | 77,907 | $2.8M | Reduce -5.1% |
| CVS CVS Health Corp. | 0.43% | 37,001 | $2.7M | Reduce -12.0% |
| GLW Corning Inc. | 0.41% | 80,859 | $2.6M | Add +2.9% |
| ALL Allstate Corp. | 0.40% | 14,766 | $2.5M | Add +2.2% |
| ABBV Abbvie Inc. | 0.39% | 13,598 | $2.5M | Add +2.4% |
| HAL Halliburton Co. | 0.38% | 61,022 | $2.4M | Add +3.1% |
| AMGN Amgen Inc. | 0.38% | 8,684 | $2.4M | Reduce -0.1% |
| NXPI NXP Semiconductors NV | 0.34% | 8,930 | $2.2M | Add +9.8% |
| FISV Fiserv Inc. | 0.34% | 13,504 | $2.1M | Add +1.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.33% | 21,243 | $2.1M | Add +17.2% |
| GOOGL Alphabet Inc. Class A | 0.32% | 13,302 | $2.1M | Reduce -17.3% |
| GD General Dynamics Corp. | 0.32% | 7,065 | $2.1M | Reduce -5.2% |
| PGR Progressive Corp. | 0.32% | 9,670 | $2.0M | Reduce -0.3% |
| QCOM Qualcomm Inc. | 0.30% | 11,148 | $1.9M | Reduce -2.6% |
| WY Weyerhaeuser Co. | 0.29% | 51,599 | $1.8M | Reduce -2.7% |
| EW Edwards Lifesciences Corp. | 0.29% | 19,259 | $1.8M | Add +6.5% |
| FANG Diamondback Energy Inc. | 0.28% | 8,969 | $1.8M | Add +36.8% |
| ICE Intercontinental Exchange Inc. | 0.28% | 12,996 | $1.8M | Add +3.9% |
| ICLR Icon PLC | 0.28% | 5,464 | $1.8M | Reduce -4.5% |
| CNRD Conrad Industries Inc. | 0.28% | 233,260 | $1.7M | Add +769.3% |
| SHEL Shell PLC-ADR | 0.27% | 24,202 | $1.7M | Reduce -2.5% |
| NFG National Fuel Gas Co. | 0.27% | 31,795 | $1.7M | Reduce -4.7% |
| PXD Pioneer Natural Resources Co. | 0.25% | 5,984 | $1.6M | Reduce -19.1% |
| IIIV I3 Verticals Inc. Class A | 0.25% | 71,037 | $1.6M | Reduce -19.9% |
| ORLY O'reilly Automotive Inc. | 0.25% | 1,393 | $1.6M | Reduce -8.2% |
| SPGI S&P Global Inc. | 0.24% | 3,623 | $1.5M | Add +4.9% |
| LHX L3HARRIS Technologies Inc. | 0.24% | 7,449 | $1.5M | Add +5.3% |
| UNH Unitedhealth Group Inc. | 0.24% | 3,264 | $1.5M | Add +5.4% |
| UPS United Parcel Service Class B | 0.23% | 9,921 | $1.5M | Add +0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 39,249 | $1.5M | Add +3.2% |
| TGT Target Corp. | 0.23% | 8,176 | $1.4M | Reduce -6.3% |
| CSX CSX Corp. | 0.23% | 39,439 | $1.4M | Add +4.4% |
| STE Steris PLC | 0.22% | 6,519 | $1.4M | Add +6.1% |
| RSG Republic Services Inc. | 0.22% | 7,345 | $1.4M | Add +0.2% |
| SO The Southern Co. | 0.21% | 19,012 | $1.4M | Reduce -4.3% |
| DXCM Dexcom Inc. | 0.21% | 9,872 | $1.3M | New |
| GILD Gilead Sciences Inc. | 0.21% | 18,641 | $1.3M | Reduce -6.3% |
| SU Suncor Energy Inc. | 0.20% | 33,934 | $1.3M | Reduce -5.4% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.20% | 8,287 | $1.3M | Add +10.6% |
| PFE Pfizer Inc. | 0.20% | 45,720 | $1.3M | Reduce -11.3% |
| MDLZ Mondelez International Inc. Class A | 0.20% | 17,971 | $1.2M | Reduce -0.6% |
| T AT&T Inc. | 0.19% | 67,633 | $1.2M | Reduce -5.4% |
| HBCP Home Bancorp Inc. | 0.19% | 32,151 | $1.2M | Add +12.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.18% | 9,664 | $1.1M | Add +9.2% |
| OXY Occidental Petroleum Corp. | 0.18% | 16,852 | $1.1M | Add +0.0% |
| OKE Oneok Inc. | 0.17% | 13,803 | $1.1M | No change |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -1.2% | 6.12% | −1.73 |
| SBUX Starbucks Corp. | Reduce -4.4% | 1.52% | −0.38 |
| CVS CVS Health Corp. | Reduce -12.0% | 0.43% | −0.15 |
| BLK BlackRock Finance Inc. | Reduce -6.9% | 0.78% | −0.15 |
| PEP Pepsico Inc. | Reduce -1.8% | 1.14% | −0.14 |
| IRDM Iridium Communications Inc. | Reduce -6.5% | 0.14% | −0.13 |
| V Visa Inc. Class A | Reduce -2.1% | 1.61% | −0.10 |
| BA The Boeing Co. | Reduce -5.7% | 0.14% | −0.09 |
| LOW Lowe's Cos Inc. | Reduce -6.5% | 1.10% | −0.09 |
| ENB Enbridge Inc. | Reduce -5.1% | 0.44% | −0.08 |
| IIIV I3 Verticals Inc. Class A | Reduce -19.9% | 0.25% | −0.08 |
| GILD Gilead Sciences Inc. | Reduce -6.3% | 0.21% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -17.3% | 0.32% | −0.07 |
| PFE Pfizer Inc. | Reduce -11.3% | 0.20% | −0.06 |
| AMGN Amgen Inc. | Reduce -0.1% | 0.38% | −0.06 |
| PARAA Paramount Global Class B | Reduce -0.3% | 0.15% | −0.06 |
| MA Mastercard Inc. Class A | Reduce -7.9% | 0.67% | −0.05 |
| WBD Warner Bros Discovery Inc. | Reduce -1.3% | 0.09% | −0.04 |
| NATH Nathan's Famous Inc. | Reduce -5.2% | 0.11% | −0.04 |
| PXD Pioneer Natural Resources Co. | Reduce -19.1% | 0.25% | −0.04 |
| BEN Franklin Templeton Inc. | Reduce -15.7% | 0.08% | −0.04 |
| SHW The Sherwin-Williams Co. | Reduce -43.7% | 0.04% | −0.04 |
| WY Weyerhaeuser Co. | Reduce -2.7% | 0.29% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.6% | 0.20% | −0.03 |
| SO The Southern Co. | Reduce -4.3% | 0.21% | −0.03 |
| BX Blackstone Inc. | Reduce -7.1% | 0.13% | −0.03 |
| NFG National Fuel Gas Co. | Reduce -4.7% | 0.27% | −0.03 |
| KDP Keurig Dr Pepper Inc. | Reduce -4.4% | 0.09% | −0.02 |
| T AT&T Inc. | Reduce -5.4% | 0.19% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -0.4% | 2.56% | −0.02 |
| SHEL Shell PLC-ADR | Reduce -2.5% | 0.27% | −0.02 |
| HON Honeywell International Inc. | Reduce -4.9% | 0.08% | −0.02 |
| DEO Diageo PLC-Sponsored ADR | Reduce -15.9% | 0.06% | −0.02 |
| CP Canadian Pacific Kansas City | Reduce -2.6% | 0.47% | −0.02 |
| HBI Hanesbrands Inc. | Sold out | 0.00% | −0.02 |
| GD General Dynamics Corp. | Reduce -5.2% | 0.32% | −0.02 |
| UL Unilever PLC | Reduce -25.1% | 0.03% | −0.02 |
| F Ford Motor Co. | Reduce -19.4% | 0.05% | −0.01 |
| SLB SLB Ltd. | Reduce -6.1% | 0.09% | −0.01 |
| FHN First Horizon Corp. | Reduce -11.4% | 0.05% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -6.4% | 0.08% | −0.01 |
| BWA Borgwarner Inc. | Reduce -4.7% | 0.05% | −0.01 |
| WDFC WD-40 Co. | Reduce -1.4% | 0.09% | −0.01 |
| WU Western Union Co. | Reduce -21.4% | 0.03% | −0.01 |
| TRN Trinity Industries Inc. | Reduce -2.2% | 0.06% | −0.01 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -3.5% | 1.00% | −0.01 |
| ICLR Icon PLC | Reduce -4.5% | 0.28% | −0.01 |
| KHC The Kraft Heinz Co. | Reduce -1.3% | 0.04% | −0.00 |
| RJF Raymond James Financial Inc. | Reduce -4.3% | 0.60% | −0.00 |
| SEIC Sei Investments Company | Reduce -5.7% | 0.05% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| ETN Eaton Corp. PLC | Add +2.3% | 3.58% | +0.60 |
| MPC Marathon Petroleum Corp. | Add +8.3% | 1.64% | +0.46 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 6.85% | +0.37 |
| CNRD Conrad Industries Inc. | Add +769.3% | 0.28% | +0.23 |
| DXCM Dexcom Inc. | New | 0.21% | +0.21 |
| JPM JPMorgan Chase & Co. | Add +1.2% | 3.21% | +0.20 |
| AVGO Broadcom Inc. | Add +3.6% | 1.79% | +0.19 |
| MRK Merck & Co. Inc. | Add +3.0% | 1.89% | +0.18 |
| MSI Motorola Solutions Inc. | Add +14.7% | 1.14% | +0.16 |
| TT Trane Technologies PLC | Add +2.6% | 1.33% | +0.15 |
| CB Chubb Ltd. | Add +12.3% | 1.16% | +0.15 |
| WMT Walmart Inc. | Add +3.2% | 3.09% | +0.13 |
| CVX Chevron Corp. | Add +22.6% | 0.86% | +0.13 |
| FANG Diamondback Energy Inc. | Add +36.8% | 0.28% | +0.11 |
| DVN Devon Energy Corp. | Add +7.7% | 0.86% | +0.08 |
| CAT Caterpillar Inc. | Add +3.8% | 0.51% | +0.07 |
| JCI Johnson Controls Internation | Add +6.8% | 0.78% | +0.07 |
| MSFT Microsoft Corp. | Add +0.1% | 6.01% | +0.06 |
| AMD Advanced Micro Devices | Add +3.0% | 0.47% | +0.05 |
| VLO Valero Energy Corp. | New | 0.05% | +0.05 |
| ALL Allstate Corp. | Add +2.2% | 0.40% | +0.05 |
| EW Edwards Lifesciences Corp. | Add +6.5% | 0.29% | +0.04 |
| PROSHARES TR | New | 0.04% | +0.04 |
| IVV iShares Core S&P 500 ETF | New | 0.04% | +0.04 |
| TJX TJX Companies Inc. | Add +17.2% | 0.33% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +86.4% | 0.08% | +0.03 |
| WSM Williams-Sonoma Inc. | New | 0.03% | +0.03 |
| RS Reliance Inc. | New | 0.03% | +0.03 |
| WWD Woodward Inc. | New | 0.03% | +0.03 |
| ADX Adams Diversified Equity | New | 0.03% | +0.03 |
| VZ Verizon Communications Inc. | Add +1.2% | 1.07% | +0.03 |
| FISV Fiserv Inc. | Add +1.8% | 0.34% | +0.03 |
| ABBV Abbvie Inc. | Add +2.4% | 0.39% | +0.03 |
| CNH CNH Industrial NV | Add +24.3% | 0.16% | +0.02 |
| IBM Intl Business Machines Corp. | Add +21.3% | 0.11% | +0.02 |
| GAB Gabelli Equity Trust | New | 0.01% | +0.01 |
| TROW T Rowe Price Group Inc. | Add +9.2% | 0.18% | +0.01 |
| NXPI NXP Semiconductors NV | Add +9.8% | 0.34% | +0.01 |
| WFC Wells Fargo & Co. | Add +3.9% | 0.13% | +0.01 |
| GBX Greenbrier Companies Inc. | Add +1.8% | 0.16% | +0.01 |
| SND Smart Sand Inc. | New | 0.01% | +0.01 |
| HAL Halliburton Co. | Add +3.1% | 0.38% | +0.01 |
| SMG Scotts Miracle-Gro Co. | Add +3.7% | 0.15% | +0.01 |
| EL Estee Lauder Companies Class A | Add +10.6% | 0.20% | +0.01 |
| ITOT iShares Core S&P Total U.S. | Add +12.7% | 0.08% | +0.01 |
| RSG Republic Services Inc. | Add +0.2% | 0.22% | +0.01 |
| BAC Bank of America Corp. | Add +3.2% | 0.23% | +0.01 |
| EBAY eBay Inc. | Add +7.2% | 0.04% | +0.01 |
| PEO Adams Natural Resources Fund | Add +0.1% | 0.10% | +0.00 |
| OXY Occidental Petroleum Corp. | Add +0.0% | 0.18% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 181 | $826.5M | AAPL, BRK.B, GOOG, MSFT, WMT |
| Q1 2026 | 179 | $757.6M | BRK.B, AAPL, WMT, GOOG, MSFT |
| Q4 2025 | 176 | $771.4M | AAPL, BRK.B, MSFT, GOOG, WMT |
| Q3 2025 | 175 | $756.2M | AAPL, BRK.B, MSFT, WMT, JPM |
| Q2 2025 | 177 | $708.3M | BRK.B, MSFT, AAPL, WMT, JPM |
| Q1 2025 | 173 | $659.4M | BRK.B, AAPL, MSFT, WMT, JPM |
| Q4 2024 | 177 | $678.0M | AAPL, BRK.B, MSFT, WMT, JPM |
| Q3 2024 | 182 | $670.7M | AAPL, BRK.B, MSFT, WMT, ETN |
| Q2 2024 | 177 | $627.1M | AAPL, BRK.B, MSFT, ETN, WMT |
| Q1 2024 | 183 | $634.7M | BRK.B, AAPL, MSFT, ETN, JPM |