Cullen Investment Group, LTD.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 1, 2025), Cullen Investment Group, LTD. reported 173 stock positions worth $659.4 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 7.9% of the portfolio, followed by Apple (AAPL, 7.1%) and Microsoft (MSFT, 5.0%). Compared with Q4 2024, it opened 6 new positions, sold out of 10, added to 49 and reduced 107. The biggest buy was United Parcel Service Class B (UPS, shares +554%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- LAFAYETTE, LA
- CIK
- 0000797203
- Portfolio Value
- $659.4M (Q1 2025)
- SEC Filing
- 0000797203-25-000003 ↗ filed Apr 1, 2025
Holdings Value
Holdings 173 stocks · $659.4M
| BRK.B Berkshire Hathaway Inc. Class B | 7.87% | 97,442 | $51.9M | Reduce -1.7% |
| AAPL Apple Inc. | 7.11% | 210,960 | $46.9M | Reduce -1.5% |
| MSFT Microsoft Corp. | 5.01% | 87,925 | $33.0M | Reduce -0.4% |
| WMT Walmart Inc. | 4.33% | 325,170 | $28.5M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 3.78% | 101,694 | $24.9M | Add +0.2% |
| ETN Eaton Corp. PLC | 2.96% | 71,792 | $19.5M | Add +1.5% |
| GOOG Alphabet Inc. Class C | 2.25% | 95,040 | $14.8M | Reduce -4.7% |
| AVGO Broadcom Inc. | 2.07% | 81,366 | $13.6M | Reduce -2.5% |
| NVDA Nvidia Corp. | 1.84% | 112,130 | $12.2M | Reduce -0.0% |
| DE Deere & Co. | 1.79% | 25,150 | $11.8M | Reduce -5.4% |
| UNP Union Pacific Corp. | 1.78% | 49,801 | $11.8M | Add +3.5% |
| XOM Exxon Mobil Corp. | 1.73% | 95,868 | $11.4M | Add +66.3% |
| AMZN Amazon.com Inc. | 1.63% | 56,321 | $10.7M | Reduce -8.7% |
| V Visa Inc. Class A | 1.60% | 30,043 | $10.5M | Reduce -7.5% |
| LLY Eli Lilly & Co. | 1.59% | 12,673 | $10.5M | Reduce -1.1% |
| MSI Motorola Solutions Inc. | 1.56% | 23,460 | $10.3M | Add +7.4% |
| MRK Merck & Co. Inc. | 1.50% | 110,189 | $9.9M | Add +12.4% |
| CMCSA Comcast Corp. Class A | 1.42% | 254,302 | $9.4M | Add +5.6% |
| TT Trane Technologies PLC | 1.38% | 27,071 | $9.1M | Reduce -3.0% |
| EPD Enterprise Products Partners | 1.36% | 262,253 | $9.0M | Reduce -0.3% |
| SBUX Starbucks Corp. | 1.31% | 88,388 | $8.7M | Reduce -7.3% |
| VZ Verizon Communications Inc. | 1.18% | 171,856 | $7.8M | Add +6.9% |
| CME Cme Group Inc. | 1.11% | 27,482 | $7.3M | Add +5.5% |
| MDT Medtronic PLC | 1.09% | 80,119 | $7.2M | Add +6.5% |
| JCI Johnson Controls Internation | 1.07% | 87,826 | $7.0M | Add +5.9% |
| GRMN Garmin Ltd. | 1.03% | 31,307 | $6.8M | Reduce -1.6% |
| DRI Darden Restaurants Inc. | 1.03% | 32,660 | $6.8M | Add +4.5% |
| UPS United Parcel Service Class B | 1.01% | 60,281 | $6.6M | Add +553.7% |
| CB Chubb Ltd. | 0.99% | 21,558 | $6.5M | Add +5.1% |
| SO The Southern Co. | 0.95% | 68,223 | $6.3M | Add +217.8% |
| HD Home Depot Inc. | 0.95% | 17,115 | $6.3M | Reduce -14.6% |
| LOW Lowe's Cos Inc. | 0.89% | 25,272 | $5.9M | Reduce -4.6% |
| JNJ Johnson & Johnson | 0.85% | 33,945 | $5.6M | Reduce -51.2% |
| UNH Unitedhealth Group Inc. | 0.84% | 10,569 | $5.5M | Add +79.0% |
| BBY Best Buy Co. Inc. | 0.81% | 72,294 | $5.3M | Add +7.3% |
| MKC McCormick & Co.-Non VTG SHRS | 0.80% | 64,155 | $5.3M | Reduce -13.0% |
| CMI Cummins Inc. | 0.76% | 15,943 | $5.0M | Reduce -4.0% |
| PEP Pepsico Inc. | 0.73% | 32,236 | $4.8M | Reduce -10.3% |
| ADI Analog Devices Inc. | 0.72% | 23,577 | $4.8M | Add +11.0% |
| PG The Procter & Gamble Co. | 0.72% | 27,845 | $4.7M | Reduce -8.3% |
| META Meta Platforms Inc. Class A | 0.71% | 8,153 | $4.7M | Reduce -6.1% |
| O Realty Income Corp. | 0.70% | 79,720 | $4.6M | Add +210.9% |
| SYK Stryker Corp. | 0.68% | 12,116 | $4.5M | Reduce -2.3% |
| PEG Public Service Enterprise GP | 0.67% | 53,862 | $4.4M | Add +100.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.64% | 42,954 | $4.2M | Add +48.1% |
| MA Mastercard Inc. Class A | 0.63% | 7,566 | $4.1M | Reduce -12.3% |
| POOL Pool Corp. | 0.62% | 12,742 | $4.1M | Reduce -6.4% |
| CVX Chevron Corp. | 0.61% | 24,179 | $4.0M | Reduce -2.1% |
| CRM Salesforce Inc. | 0.61% | 15,054 | $4.0M | Reduce -11.5% |
| FIS Fidelity National Info Serv | 0.60% | 52,943 | $4.0M | Add +24.2% |
| RJF Raymond James Financial Inc. | 0.57% | 26,950 | $3.7M | Reduce -3.8% |
| BLK BlackRock Inc. | 0.56% | 3,918 | $3.7M | Reduce -16.3% |
| IQV Iqvia Holdings Inc. | 0.52% | 19,474 | $3.4M | Reduce -5.3% |
| GLW Corning Inc. | 0.52% | 74,215 | $3.4M | Reduce -2.3% |
| AXP American Express Co. | 0.47% | 11,583 | $3.1M | Reduce -2.2% |
| MPC Marathon Petroleum Corp. | 0.46% | 20,850 | $3.0M | Reduce -57.5% |
| ALL Allstate Corp. | 0.44% | 14,113 | $2.9M | Reduce -3.3% |
| FISV Fiserv Inc. | 0.44% | 13,141 | $2.9M | Reduce -4.9% |
| CAT Caterpillar Inc. | 0.43% | 8,690 | $2.9M | Reduce -0.8% |
| ABBV Abbvie Inc. | 0.43% | 13,627 | $2.9M | Reduce -0.7% |
| ENB Enbridge Inc. | 0.43% | 64,117 | $2.8M | Reduce -3.6% |
| AMGN Amgen Inc. | 0.39% | 8,316 | $2.6M | Reduce -3.1% |
| PGR Progressive Corp. | 0.37% | 8,705 | $2.5M | Reduce -3.1% |
| NFG National Fuel Gas Co. | 0.34% | 28,608 | $2.3M | Reduce -5.0% |
| CP Canadian Pacific Kansas City | 0.34% | 31,676 | $2.2M | Reduce -1.7% |
| AMD Advanced Micro Devices | 0.30% | 19,558 | $2.0M | Add +6.1% |
| NXPI NXP Semiconductors NV | 0.30% | 10,445 | $2.0M | Add +6.2% |
| T AT&T Inc. | 0.28% | 65,575 | $1.9M | Reduce -1.2% |
| SCHW Schwab (charles) Corp. | 0.28% | 23,643 | $1.9M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.26% | 14,338 | $1.7M | Reduce -39.2% |
| VEEV Veeva Systems Inc. Class A | 0.26% | 7,445 | $1.7M | New |
| FANG Diamondback Energy Inc. | 0.26% | 10,741 | $1.7M | Add +11.5% |
| LHX L3HARRIS Technologies Inc. | 0.25% | 7,955 | $1.7M | Add +0.3% |
| RSG Republic Services Inc. | 0.25% | 6,841 | $1.7M | Reduce -5.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.25% | 39,178 | $1.6M | Reduce -0.2% |
| GILD Gilead Sciences Inc. | 0.25% | 14,578 | $1.6M | Reduce -7.8% |
| GOOGL Alphabet Inc. Class A | 0.25% | 10,472 | $1.6M | Reduce -16.5% |
| QCOM Qualcomm Inc. | 0.24% | 10,244 | $1.6M | Reduce -4.0% |
| ORLY O'reilly Automotive Inc. | 0.23% | 1,067 | $1.5M | Reduce -5.4% |
| EW Edwards Lifesciences Corp. | 0.23% | 20,923 | $1.5M | Add +1.9% |
| HWM Howmet Aerospace Inc. | 0.23% | 11,661 | $1.5M | Reduce -8.5% |
| KMI Kinder Morgan Inc. | 0.23% | 52,959 | $1.5M | Add +0.0% |
| OKE Oneok Inc. | 0.21% | 13,848 | $1.4M | Add +0.3% |
| GD General Dynamics Corp. | 0.20% | 4,909 | $1.3M | Reduce -6.2% |
| SHEL Shell PLC-ADR | 0.20% | 18,203 | $1.3M | Reduce -13.1% |
| WY Weyerhaeuser Co. | 0.20% | 45,456 | $1.3M | Reduce -6.5% |
| ICE Intercontinental Exchange Inc. | 0.19% | 7,324 | $1.3M | Reduce -43.3% |
| RTX RTX Corp. | 0.19% | 9,472 | $1.3M | Reduce -2.3% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.19% | 13,554 | $1.2M | Add +0.9% |
| SU Suncor Energy Inc. | 0.18% | 31,267 | $1.2M | Reduce -1.7% |
| ET Energy Transfer LP | 0.18% | 64,400 | $1.2M | Add +2.5% |
| MDLZ Mondelez International Inc. Class A | 0.18% | 17,495 | $1.2M | Reduce -2.5% |
| CMG Chipotle Mexican Grill Inc. | 0.18% | 23,081 | $1.2M | Add +20.6% |
| CVS CVS Health Corp. | 0.17% | 16,597 | $1.1M | Reduce -15.1% |
| HBCP Home Bancorp Inc. | 0.17% | 24,468 | $1.1M | Reduce -8.6% |
| CSX CSX Corp. | 0.16% | 35,284 | $1.0M | Reduce -4.7% |
| DVN Devon Energy Corp. | 0.16% | 27,461 | $1.0M | Reduce -62.2% |
| CNH CNH Industrial NV | 0.15% | 82,510 | $1.0M | Reduce -2.8% |
| APD Air Products & Chemicals Inc. | 0.15% | 3,418 | $1.0M | Reduce -80.2% |
| VOO Vanguard S&P 500 ETF | 0.15% | 1,949 | $1.0M | Add +7.8% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -1.5% | 7.11% | −0.80 |
| AVGO Broadcom Inc. | Reduce -2.5% | 2.07% | −0.79 |
| JNJ Johnson & Johnson | Reduce -51.2% | 0.85% | −0.63 |
| APD Air Products & Chemicals Inc. | Reduce -80.2% | 0.15% | −0.59 |
| MPC Marathon Petroleum Corp. | Reduce -57.5% | 0.46% | −0.55 |
| GOOG Alphabet Inc. Class C | Reduce -4.7% | 2.25% | −0.55 |
| MSFT Microsoft Corp. | Reduce -0.4% | 5.01% | −0.48 |
| NVDA Nvidia Corp. | Reduce -0.0% | 1.84% | −0.38 |
| AMZN Amazon.com Inc. | Reduce -8.7% | 1.63% | −0.37 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.28 |
| CRM Salesforce Inc. | Reduce -11.5% | 0.61% | −0.23 |
| NEE Nextera Energy Inc. | Reduce -85.3% | 0.04% | −0.21 |
| STE Steris PLC | Sold out | 0.00% | −0.21 |
| HD Home Depot Inc. | Reduce -14.6% | 0.95% | −0.20 |
| DVN Devon Energy Corp. | Reduce -62.2% | 0.16% | −0.19 |
| TJX TJX Companies Inc. | Reduce -39.2% | 0.26% | −0.16 |
| BLK BlackRock Inc. | Reduce -16.3% | 0.56% | −0.15 |
| TT Trane Technologies PLC | Reduce -3.0% | 1.38% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -16.5% | 0.25% | −0.10 |
| CMI Cummins Inc. | Reduce -4.0% | 0.76% | −0.10 |
| ICE Intercontinental Exchange Inc. | Reduce -43.3% | 0.19% | −0.09 |
| IQV Iqvia Holdings Inc. | Reduce -5.3% | 0.52% | −0.08 |
| RJF Raymond James Financial Inc. | Reduce -3.8% | 0.57% | −0.07 |
| PEP Pepsico Inc. | Reduce -10.3% | 0.73% | −0.07 |
| LOW Lowe's Cos Inc. | Reduce -4.6% | 0.89% | −0.07 |
| POOL Pool Corp. | Reduce -6.4% | 0.62% | −0.07 |
| TGT Target Corp. | Reduce -18.1% | 0.10% | −0.05 |
| HAL Halliburton Co. | Reduce -27.7% | 0.11% | −0.05 |
| AXP American Express Co. | Reduce -2.2% | 0.47% | −0.05 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.05 |
| ICLR Icon PLC | Reduce -16.9% | 0.11% | −0.04 |
| IIIV I3 Verticals Inc. Class A | Reduce -31.4% | 0.13% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -12.3% | 0.63% | −0.04 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -6.1% | 0.71% | −0.04 |
| BX Blackstone Inc. | Reduce -7.4% | 0.12% | −0.04 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.04 |
| SMG Scotts Miracle-Gro Co. | Reduce -14.2% | 0.09% | −0.03 |
| CAT Caterpillar Inc. | Reduce -0.8% | 0.43% | −0.03 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.03 |
| WMT Walmart Inc. | Reduce -0.7% | 4.33% | −0.03 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -8.3% | 0.72% | −0.03 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -13.0% | 0.80% | −0.03 |
| GBX Greenbrier Companies Inc. | Reduce -0.9% | 0.15% | −0.03 |
| PFE Pfizer Inc. | Reduce -12.6% | 0.14% | −0.02 |
| WU Western Union Co. | Sold out | 0.00% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -0.8% | 0.07% | −0.02 |
| CSX CSX Corp. | Reduce -4.7% | 0.16% | −0.02 |
| WEN The Wendy's Co. | Reduce -11.2% | 0.08% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| UPS United Parcel Service Class B | Add +553.7% | 1.01% | +0.83 |
| XOM Exxon Mobil Corp. | Add +66.3% | 1.73% | +0.81 |
| SO The Southern Co. | Add +217.8% | 0.95% | +0.69 |
| O Realty Income Corp. | Add +210.9% | 0.70% | +0.50 |
| UNH Unitedhealth Group Inc. | Add +79.0% | 0.84% | +0.40 |
| PEG Public Service Enterprise GP | Add +100.5% | 0.67% | +0.34 |
| SCHW Schwab (charles) Corp. | New | 0.28% | +0.28 |
| VEEV Veeva Systems Inc. Class A | New | 0.26% | +0.26 |
| VZ Verizon Communications Inc. | Add +6.9% | 1.18% | +0.23 |
| CME Cme Group Inc. | Add +5.5% | 1.11% | +0.21 |
| MDT Medtronic PLC | Add +6.5% | 1.09% | +0.21 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 3.78% | +0.19 |
| DRI Darden Restaurants Inc. | Add +4.5% | 1.03% | +0.17 |
| DIS The Walt Disney Co. | Add +48.1% | 0.64% | +0.17 |
| UNP Union Pacific Corp. | Add +3.5% | 1.78% | +0.17 |
| CB Chubb Ltd. | Add +5.1% | 0.99% | +0.15 |
| ECL Ecolab Inc. | New | 0.13% | +0.13 |
| SNPS Synopsys Inc. | New | 0.11% | +0.11 |
| JCI Johnson Controls Internation | Add +5.9% | 1.07% | +0.10 |
| FIS Fidelity National Info Serv | Add +24.2% | 0.60% | +0.09 |
| CMCSA Comcast Corp. Class A | Add +5.6% | 1.42% | +0.09 |
| MSI Motorola Solutions Inc. | Add +7.4% | 1.56% | +0.07 |
| MRK Merck & Co. Inc. | Add +12.4% | 1.50% | +0.06 |
| ADI Analog Devices Inc. | Add +11.0% | 0.72% | +0.06 |
| NATH Nathan's Famous Inc. | Add +0.2% | 0.15% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +50.1% | 0.10% | +0.03 |
| PSX Phillips 66 | New | 0.03% | +0.03 |
| BP BP PLC-Spons ADR | New | 0.03% | +0.03 |
| FANG Diamondback Energy Inc. | Add +11.5% | 0.26% | +0.03 |
| IBM Intl Business Machines Corp. | Add +0.4% | 0.15% | +0.02 |
| KMI Kinder Morgan Inc. | Add +0.0% | 0.23% | +0.02 |
| MCD McDonald's Corp. | Add +0.3% | 0.11% | +0.01 |
| PEO Adams Natural Resources Fund | Add +2.1% | 0.10% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +7.8% | 0.15% | +0.01 |
| LHX L3HARRIS Technologies Inc. | Add +0.3% | 0.25% | +0.01 |
| EW Edwards Lifesciences Corp. | Add +1.9% | 0.23% | +0.01 |
| CMG Chipotle Mexican Grill Inc. | Add +20.6% | 0.18% | +0.01 |
| EBAY eBay Inc. | Add +0.3% | 0.04% | +0.00 |
| ATO Atmos Energy Corp. | Add +0.5% | 0.03% | +0.00 |
| WWD Woodward Inc. | Add +0.1% | 0.04% | +0.00 |
| OKE Oneok Inc. | Add +0.3% | 0.21% | +0.00 |
| BSM Black Stone Minerals LP | Add +2.5% | 0.04% | +0.00 |
| DXCM Dexcom Inc. | Add +11.3% | 0.13% | +0.00 |
| ITW Illinois Tool Works | Add +0.3% | 0.06% | +0.00 |
| ET Energy Transfer LP | Add +2.5% | 0.18% | +0.00 |
| CNI Canadian Natl Railway Co. | Add +0.5% | 0.04% | −0.00 |
| NXPI NXP Semiconductors NV | Add +6.2% | 0.30% | −0.00 |
| ITOT iShares Core S&P Total U.S. | Add +1.2% | 0.09% | −0.00 |
| SEIC Sei Investments Company | Add +0.6% | 0.05% | −0.00 |
| EL Estee Lauder Companies Class A | Add +7.0% | 0.10% | −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 |