Cullen Investment Group, LTD.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 13, 2025), Cullen Investment Group, LTD. reported 177 stock positions worth $678.0 million. Its top holding was Apple (AAPL) at 7.9% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 6.6%) and Microsoft (MSFT, 5.5%). Compared with Q3 2024, it opened 4 new positions, sold out of 9, added to 88 and reduced 79. The biggest buy was Walmart (WMT, shares +1%) and the biggest sale Devon Energy (DVN, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- LAFAYETTE, LA
- CIK
- 0000797203
- Portfolio Value
- $678.0M (Q4 2024)
- SEC Filing
- 0000797203-25-000001 ↗ filed Jan 13, 2025
Holdings Value
Holdings 177 stocks · $678.0M
| AAPL Apple Inc. | 7.91% | 214,198 | $53.6M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.63% | 99,114 | $44.9M | Reduce -0.6% |
| MSFT Microsoft Corp. | 5.49% | 88,289 | $37.2M | Add +1.5% |
| WMT Walmart Inc. | 4.36% | 327,357 | $29.6M | Add +0.7% |
| JPM JPMorgan Chase & Co. | 3.59% | 101,499 | $24.3M | Add +0.3% |
| ETN Eaton Corp. PLC | 3.46% | 70,726 | $23.5M | Reduce -0.1% |
| AVGO Broadcom Inc. | 2.85% | 83,445 | $19.3M | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 2.80% | 99,699 | $19.0M | Add +1.2% |
| NVDA Nvidia Corp. | 2.22% | 112,160 | $15.1M | Add +0.3% |
| AMZN Amazon.com Inc. | 2.00% | 61,700 | $13.5M | Add +2.9% |
| DE Deere & Co. | 1.66% | 26,585 | $11.3M | Add +0.1% |
| UNP Union Pacific Corp. | 1.62% | 48,103 | $11.0M | Add +1.3% |
| TT Trane Technologies PLC | 1.52% | 27,901 | $10.3M | Reduce -0.9% |
| V Visa Inc. Class A | 1.51% | 32,464 | $10.3M | Reduce -0.2% |
| MSI Motorola Solutions Inc. | 1.49% | 21,842 | $10.1M | Add +0.7% |
| JNJ Johnson & Johnson | 1.49% | 69,619 | $10.1M | Add +1.8% |
| LLY Eli Lilly & Co. | 1.46% | 12,815 | $9.9M | Add +0.4% |
| MRK Merck & Co. Inc. | 1.44% | 98,061 | $9.8M | Add +2.2% |
| CMCSA Comcast Corp. Class A | 1.33% | 240,762 | $9.0M | Add +1.3% |
| SBUX Starbucks Corp. | 1.28% | 95,360 | $8.7M | Reduce -1.9% |
| EPD Enterprise Products Partners | 1.22% | 263,068 | $8.2M | Add +1.6% |
| HD Home Depot Inc. | 1.15% | 20,046 | $7.8M | Add +2.5% |
| MPC Marathon Petroleum Corp. | 1.01% | 49,109 | $6.9M | Reduce -10.8% |
| GRMN Garmin Ltd. | 0.97% | 31,832 | $6.6M | Reduce -1.0% |
| JCI Johnson Controls Internation | 0.97% | 82,902 | $6.5M | Add +2.8% |
| LOW Lowe's Cos Inc. | 0.96% | 26,503 | $6.5M | Reduce -1.6% |
| VZ Verizon Communications Inc. | 0.95% | 160,819 | $6.4M | Add +2.0% |
| XOM Exxon Mobil Corp. | 0.91% | 57,646 | $6.2M | Add +4.0% |
| CME Cme Group Inc. | 0.89% | 26,053 | $6.1M | Add +1.7% |
| MDT Medtronic PLC | 0.89% | 75,194 | $6.0M | Add +1.5% |
| DRI Darden Restaurants Inc. | 0.86% | 31,265 | $5.8M | Add +2.1% |
| CMI Cummins Inc. | 0.85% | 16,611 | $5.8M | Reduce -0.9% |
| BBY Best Buy Co. Inc. | 0.85% | 67,410 | $5.8M | Add +1.9% |
| CRM Salesforce Inc. | 0.84% | 17,018 | $5.7M | Reduce -1.6% |
| CB Chubb Ltd. | 0.84% | 20,514 | $5.7M | Add +1.9% |
| MKC McCormick & Co.-Non VTG SHRS | 0.83% | 73,769 | $5.6M | Reduce -0.8% |
| PEP Pepsico Inc. | 0.81% | 35,946 | $5.5M | Reduce -2.2% |
| PG The Procter & Gamble Co. | 0.75% | 30,381 | $5.1M | Reduce -1.6% |
| META Meta Platforms Inc. Class A | 0.75% | 8,682 | $5.1M | Reduce -0.9% |
| APD Air Products & Chemicals Inc. | 0.74% | 17,301 | $5.0M | Reduce -10.7% |
| BLK BlackRock Inc. | 0.71% | 4,680 | $4.8M | Reduce -1.8% |
| POOL Pool Corp. | 0.68% | 13,619 | $4.6M | Add +0.5% |
| MA Mastercard Inc. Class A | 0.67% | 8,632 | $4.5M | Add +0.1% |
| ADI Analog Devices Inc. | 0.67% | 21,232 | $4.5M | Add +4.0% |
| SYK Stryker Corp. | 0.66% | 12,403 | $4.5M | Reduce -2.1% |
| RJF Raymond James Financial Inc. | 0.64% | 28,010 | $4.4M | Reduce -2.9% |
| IQV Iqvia Holdings Inc. | 0.60% | 20,575 | $4.0M | Add +1.3% |
| GLW Corning Inc. | 0.53% | 75,958 | $3.6M | Reduce -0.0% |
| CVX Chevron Corp. | 0.53% | 24,695 | $3.6M | Add +1.7% |
| AXP American Express Co. | 0.52% | 11,841 | $3.5M | Reduce -4.8% |
| FIS Fidelity National Info Serv | 0.51% | 42,612 | $3.4M | Add +13.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.48% | 28,997 | $3.2M | Reduce -6.9% |
| CAT Caterpillar Inc. | 0.47% | 8,763 | $3.2M | Add +0.6% |
| UNH Unitedhealth Group Inc. | 0.44% | 5,906 | $3.0M | Add +74.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.42% | 23,571 | $2.8M | Add +2.5% |
| FISV Fiserv Inc. | 0.42% | 13,819 | $2.8M | Add +0.6% |
| ENB Enbridge Inc. | 0.42% | 66,547 | $2.8M | Reduce -0.1% |
| ALL Allstate Corp. | 0.42% | 14,597 | $2.8M | Reduce -0.3% |
| ABBV Abbvie Inc. | 0.36% | 13,725 | $2.4M | Add +1.6% |
| DVN Devon Energy Corp. | 0.35% | 72,578 | $2.4M | Reduce -41.4% |
| GOOGL Alphabet Inc. Class A | 0.35% | 12,540 | $2.4M | Reduce -0.5% |
| CP Canadian Pacific Kansas City | 0.34% | 32,230 | $2.3M | Reduce -0.7% |
| PEG Public Service Enterprise GP | 0.33% | 26,867 | $2.3M | Add +65.3% |
| AMGN Amgen Inc. | 0.33% | 8,582 | $2.2M | Reduce -0.6% |
| AMD Advanced Micro Devices | 0.33% | 18,432 | $2.2M | Add +3.5% |
| PGR Progressive Corp. | 0.32% | 8,983 | $2.2M | Reduce -3.2% |
| NXPI NXP Semiconductors NV | 0.30% | 9,835 | $2.0M | Add +3.6% |
| ICE Intercontinental Exchange Inc. | 0.28% | 12,918 | $1.9M | Reduce -2.3% |
| SPGI S&P Global Inc. | 0.28% | 3,807 | $1.9M | Add +1.7% |
| NFG National Fuel Gas Co. | 0.27% | 30,124 | $1.8M | Add +0.3% |
| SO The Southern Co. | 0.26% | 21,467 | $1.8M | Add +26.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.25% | 39,243 | $1.7M | Add +0.7% |
| NEE Nextera Energy Inc. | 0.25% | 23,289 | $1.7M | Add +19.8% |
| LHX L3HARRIS Technologies Inc. | 0.25% | 7,932 | $1.7M | Add +1.7% |
| QCOM Qualcomm Inc. | 0.24% | 10,671 | $1.6M | Reduce -2.0% |
| FANG Diamondback Energy Inc. | 0.23% | 9,632 | $1.6M | Reduce -19.6% |
| EW Edwards Lifesciences Corp. | 0.22% | 20,543 | $1.5M | Add +3.7% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.22% | 13,437 | $1.5M | Add +0.8% |
| T AT&T Inc. | 0.22% | 66,393 | $1.5M | Add +0.0% |
| GILD Gilead Sciences Inc. | 0.22% | 15,808 | $1.5M | Reduce -3.2% |
| RSG Republic Services Inc. | 0.21% | 7,241 | $1.5M | Reduce -1.8% |
| KMI Kinder Morgan Inc. | 0.21% | 52,947 | $1.5M | Add +0.1% |
| STE Steris PLC | 0.21% | 6,912 | $1.4M | Add +2.7% |
| HWM Howmet Aerospace Inc. | 0.21% | 12,750 | $1.4M | Reduce -1.2% |
| TSLA Tesla Inc. | 0.20% | 3,439 | $1.4M | Add +1.4% |
| OKE Oneok Inc. | 0.20% | 13,803 | $1.4M | No change |
| GD General Dynamics Corp. | 0.20% | 5,235 | $1.4M | Reduce -1.7% |
| O Realty Income Corp. | 0.20% | 25,645 | $1.4M | New |
| WY Weyerhaeuser Co. | 0.20% | 48,639 | $1.4M | Reduce -1.6% |
| ORLY O'reilly Automotive Inc. | 0.20% | 1,128 | $1.3M | Reduce -3.3% |
| SHEL Shell PLC-ADR | 0.19% | 20,944 | $1.3M | Reduce -1.0% |
| HBCP Home Bancorp Inc. | 0.18% | 26,766 | $1.2M | Add +13.0% |
| ET Energy Transfer LP | 0.18% | 62,800 | $1.2M | No change |
| GBX Greenbrier Companies Inc. | 0.18% | 19,675 | $1.2M | Add +1.1% |
| CSX CSX Corp. | 0.18% | 37,005 | $1.2M | Add +1.4% |
| IIIV I3 Verticals Inc. Class A | 0.17% | 51,045 | $1.2M | Reduce -8.4% |
| UPS United Parcel Service Class B | 0.17% | 9,222 | $1.2M | Reduce -7.7% |
| CMG Chipotle Mexican Grill Inc. | 0.17% | 19,136 | $1.2M | New |
| SU Suncor Energy Inc. | 0.17% | 31,809 | $1.1M | Reduce -3.9% |
| RTX RTX Corp. | 0.17% | 9,699 | $1.1M | Reduce -0.5% |
Portfolio Sells Q3 2024 → Q4 2024
| DVN Devon Energy Corp. | Reduce -41.4% | 0.35% | −0.37 |
| MPC Marathon Petroleum Corp. | Reduce -10.8% | 1.01% | −0.33 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 6.63% | −0.21 |
| CVS CVS Health Corp. | Reduce -35.2% | 0.13% | −0.15 |
| SBUX Starbucks Corp. | Reduce -1.9% | 1.28% | −0.13 |
| PEP Pepsico Inc. | Reduce -2.2% | 0.81% | −0.13 |
| LOW Lowe's Cos Inc. | Reduce -1.6% | 0.96% | −0.12 |
| APD Air Products & Chemicals Inc. | Reduce -10.7% | 0.74% | −0.12 |
| TT Trane Technologies PLC | Reduce -0.9% | 1.52% | −0.11 |
| HAL Halliburton Co. | Reduce -31.5% | 0.15% | −0.09 |
| AMGN Amgen Inc. | Reduce -0.6% | 0.33% | −0.08 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -0.8% | 0.83% | −0.08 |
| FANG Diamondback Energy Inc. | Reduce -19.6% | 0.23% | −0.08 |
| CP Canadian Pacific Kansas City | Reduce -0.7% | 0.34% | −0.07 |
| ICLR Icon PLC | Reduce -2.0% | 0.15% | −0.06 |
| WY Weyerhaeuser Co. | Reduce -1.6% | 0.20% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -1.6% | 0.75% | −0.05 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.04 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.1% | 0.16% | −0.04 |
| GD General Dynamics Corp. | Reduce -1.7% | 0.20% | −0.04 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -0.1% | 3.46% | −0.03 |
| HAS Hasbro Inc. | Sold out | 0.00% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -2.0% | 0.24% | −0.03 |
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −0.03 |
| PGR Progressive Corp. | Reduce -3.2% | 0.32% | −0.03 |
| ICE Intercontinental Exchange Inc. | Reduce -2.3% | 0.28% | −0.03 |
| PSX Phillips 66 | Sold out | 0.00% | −0.03 |
| UPS United Parcel Service Class B | Reduce -7.7% | 0.17% | −0.03 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.03 |
| UL Unilever PLC | Sold out | 0.00% | −0.03 |
| TGT Target Corp. | Reduce -0.6% | 0.16% | −0.03 |
| NSRGY Nestle SA-Spons ADR | Reduce -0.2% | 0.10% | −0.03 |
| PFE Pfizer Inc. | Reduce -4.1% | 0.16% | −0.02 |
| SYK Stryker Corp. | Reduce -2.1% | 0.66% | −0.02 |
| NVS Novartis AG-Sponsored ADR | Reduce -4.2% | 0.08% | −0.02 |
| F Ford Motor Co. | Sold out | 0.00% | −0.02 |
| APA Apa Corp. | Reduce -27.5% | 0.04% | −0.02 |
| QSR Restaurant Brands Intern | Reduce -7.1% | 0.09% | −0.02 |
| FLG Flagstar Bank NA | Sold out | 0.00% | −0.02 |
| SJM The JM Smucker Co. | Reduce -2.2% | 0.13% | −0.02 |
| KDP Keurig Dr Pepper Inc. | Reduce -0.5% | 0.09% | −0.02 |
| SU Suncor Energy Inc. | Reduce -3.9% | 0.17% | −0.01 |
| BA The Boeing Co. | Reduce -26.7% | 0.08% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -1.0% | 0.19% | −0.01 |
| IRDM Iridium Communications Inc. | Reduce -2.9% | 0.14% | −0.01 |
| PARAA Paramount Global Class B | Reduce -8.1% | 0.11% | −0.01 |
| JOE The St Joe Co. | Reduce -1.2% | 0.04% | −0.01 |
| WEN The Wendy's Co. | Reduce -2.0% | 0.10% | −0.01 |
| INTC Intel Corp. | Reduce -13.4% | 0.03% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| WMT Walmart Inc. | Add +0.7% | 4.36% | +0.45 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 3.59% | +0.41 |
| GOOG Alphabet Inc. Class C | Add +1.2% | 2.80% | +0.34 |
| AMZN Amazon.com Inc. | Add +2.9% | 2.00% | +0.33 |
| O Realty Income Corp. | New | 0.20% | +0.20 |
| NVDA Nvidia Corp. | Add +0.3% | 2.22% | +0.20 |
| CMG Chipotle Mexican Grill Inc. | New | 0.17% | +0.17 |
| UNH Unitedhealth Group Inc. | Add +74.2% | 0.44% | +0.14 |
| PEG Public Service Enterprise GP | Add +65.3% | 0.33% | +0.12 |
| DRI Darden Restaurants Inc. | Add +2.1% | 0.86% | +0.11 |
| EPD Enterprise Products Partners | Add +1.6% | 1.22% | +0.09 |
| TSLA Tesla Inc. | Add +1.4% | 0.20% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +56.5% | 0.14% | +0.05 |
| FISV Fiserv Inc. | Add +0.6% | 0.42% | +0.05 |
| CME Cme Group Inc. | Add +1.7% | 0.89% | +0.05 |
| FIS Fidelity National Info Serv | Add +13.7% | 0.51% | +0.04 |
| KMI Kinder Morgan Inc. | Add +0.1% | 0.21% | +0.04 |
| MA Mastercard Inc. Class A | Add +0.1% | 0.67% | +0.04 |
| MSI Motorola Solutions Inc. | Add +0.7% | 1.49% | +0.04 |
| SO The Southern Co. | Add +26.0% | 0.26% | +0.03 |
| JCI Johnson Controls Internation | Add +2.8% | 0.97% | +0.03 |
| ADP Automatic Data Processing | New | 0.03% | +0.03 |
| ATO Atmos Energy Corp. | New | 0.03% | +0.03 |
| EW Edwards Lifesciences Corp. | Add +3.7% | 0.22% | +0.03 |
| GBX Greenbrier Companies Inc. | Add +1.1% | 0.18% | +0.03 |
| HBCP Home Bancorp Inc. | Add +13.0% | 0.18% | +0.03 |
| BAC Bank of America Corp. | Add +0.7% | 0.25% | +0.02 |
| DXCM Dexcom Inc. | Add +5.6% | 0.13% | +0.02 |
| COP Conocophillips | Add +47.8% | 0.07% | +0.02 |
| TJX TJX Companies Inc. | Add +2.5% | 0.42% | +0.02 |
| BX Blackstone Inc. | Add +0.1% | 0.16% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +30.0% | 0.07% | +0.02 |
| DE Deere & Co. | Add +0.1% | 1.66% | +0.01 |
| MCK McKesson Corp. | Add +1.0% | 0.07% | +0.01 |
| TROW T Rowe Price Group Inc. | Add +0.8% | 0.22% | +0.01 |
| FGBI First Guaranty Bancshares Inc. | Add +0.1% | 0.12% | +0.01 |
| T AT&T Inc. | Add +0.0% | 0.22% | +0.01 |
| EMR Emerson Electric Co. | Add +0.8% | 0.04% | +0.00 |
| ITOT iShares Core S&P Total U.S. | Add +1.0% | 0.10% | +0.00 |
| IBM Intl Business Machines Corp. | Add +3.2% | 0.13% | +0.00 |
| ABT Abbott Laboratories | Add +4.5% | 0.07% | +0.00 |
| COST Costco Wholesale Corp. | Add +2.3% | 0.04% | +0.00 |
| VLO Valero Energy Corp. | Add +16.9% | 0.03% | +0.00 |
| NEE Nextera Energy Inc. | Add +19.8% | 0.25% | +0.00 |
| MCD McDonald's Corp. | Add +7.2% | 0.10% | +0.00 |
| TRN Trinity Industries Inc. | Add +0.6% | 0.07% | +0.00 |
| EOG EOG Resources Inc. | Add +1.2% | 0.04% | −0.00 |
| ORCL Oracle Corp. | Add +1.9% | 0.04% | −0.00 |
| BSM Black Stone Minerals LP | Add +2.5% | 0.03% | −0.00 |
| WWD Woodward Inc. | Add +0.1% | 0.03% | −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 |