Cullen/Frost BankersCFR
13F holders, Q2 2025 (June 30)At the end of Q2 2025, 482 institutions reported holding Cullen/Frost Bankers Inc. (CFR) in their 13F filings, unchanged from Q1 2025. 58 opened new positions and 60 sold out. The largest holders were Vanguard Group Inc. ($839.5M), BlackRock, Inc. ($772.6M) and Aristotle Capital Management, LLC ($719.7M). 6 famous investors held it, including Ray Dalio (0.0% of Bridgewater Associates's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).
- Company
- Cullen/Frost Bankers Inc.
- CUSIP
- 229899109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 58 | $74.6M |
| Exits | 60 | $156.8M |
All 13F filers, Q1 2025 → Q2 2025: 2,844,387 shares bought and 2,815,317 shares sold, net +29,070 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 482 holders
| Vanguard Group Inc. | 0.01% | Add +3.5% | 6,531,015 | $839.5M |
| BlackRock, Inc. | 0.01% | Reduce -0.8% | 6,010,783 | $772.6M |
| Aristotle Capital Management, LLC | 1.39% | Reduce -1.1% | 5,598,812 | $719.7M |
| State Street Corp. | 0.02% | Reduce -1.1% | 3,436,172 | $441.7M |
| Champlain Investment Partners, LLC | 1.56% | Add +1.0% | 1,734,222 | $222.9M |
| King Luther Capital Management Corp. | 0.79% | Reduce -2.7% | 1,405,605 | $180.7M |
| Neuberger Berman Group LLC | 0.13% | Add +13.8% | 1,324,239 | $170.2M |
| FMR LLC | 0.01% | Add +2.6% | 1,302,988 | $167.5M |
| Geode Capital Management, LLC | 0.01% | Add +0.8% | 1,154,566 | $149.6M |
| Dimensional Fund Advisors LP | 0.03% | Add +5.0% | 1,110,378 | $142.7M |
| Boston Trust Walden Corp | 1.01% | Reduce -1.1% | 1,100,356 | $141.4M |
| Janus Henderson Group PLC | 0.07% | Add +25.9% | 1,054,960 | $135.6M |
| Bank of America Corp. | 0.01% | Reduce -7.7% | 1,041,593 | $133.9M |
| Northern Trust Corp. | 0.02% | Reduce -10.2% | 944,028 | $121.3M |
| Impax Asset Management Group plc | 0.60% | Add +58.7% | 822,878 | $104.9M |
| Vaughan Nelson Investment Management, L.P. | 0.97% | Add +13.4% | 806,752 | $103.7M |
| Principal Financial Group Inc. | 0.05% | Reduce -4.7% | 773,890 | $99.5M |
| JPMorgan Chase & Co. | 0.01% | Reduce -3.3% | 757,355 | $97.4M |
| Manufacturers Life Insurance Company, The | 0.09% | Add +14.7% | 742,981 | $95.5M |
| Goldman Sachs Group Inc. | 0.01% | Add +17.2% | 709,683 | $91.2M |
| Norges Bank | 0.01% | Reduce -0.8% | 703,933 | $90.5M |
| First Trust Advisors LP | 0.07% | Reduce -2.1% | 653,007 | $83.9M |
| Bank of New York Mellon Corp | 0.01% | Reduce -3.8% | 611,670 | $78.6M |
| Sei Investments Co. | 0.08% | Add +4.5% | 547,494 | $70.4M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -2.4% | 539,745 | $69.4M |
| Morgan Stanley | 0.00% | Reduce -27.1% | 475,723 | $61.1M |
| Westwood Holdings Group Inc. | 0.41% | Add +1.6% | 439,893 | $56.5M |
| Royal Bank of Canada | 0.01% | Add +2.3% | 416,057 | $53.5M |
| Bartlett & Co. Wealth Management LLC | 0.69% | Add +2.9% | 382,437 | $49.2M |
| Madison Asset Management, LLC | 0.53% | Add +1.2% | 381,179 | $49.0M |
| GW&K Investment Management, LLC | 0.41% | Add +0.9% | 353,741 | $45.5M |
| Natixis Advisors, LLC | 0.07% | Add +13.4% | 328,418 | $42.2M |
| Jacobs Levy Equity Management, Inc. | 0.17% | Reduce -7.1% | 328,217 | $42.2M |
| Alberta Investment Management Corp | 0.33% | Add +9.1% | 300,000 | $38.6M |
| ProShare Advisors LLC | 0.07% | Add +30.5% | 287,750 | $37.0M |
| Deprince Race & Zollo Inc. | 0.74% | New | 275,399 | $35.4M |
| Palisade Capital Management, LP | 1.11% | Reduce -2.8% | 267,934 | $34.4M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -3.0% | 255,334 | $32.8M |
| Polaris Capital Management, LLC | 2.17% | Reduce -5.3% | 254,100 | $32.7M |
| TCTC Holdings, LLC | 0.95% | No change | 230,270 | $29.6M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Add +37.5% | 229,498 | $29.5M |
| Public Employees Retirement Association of Colorado | 0.08% | No change | 167,750 | $21.6M |
| Raymond James Financial Inc. | 0.01% | Add +0.9% | 167,027 | $21.5M |
| Rhumbline Advisers | 0.02% | Reduce -0.7% | 165,945 | $21.3M |
| Retirement Systems of Alabama | 0.08% | Add +0.2% | 163,375 | $21.0M |
| AQR Capital Management | 0.02% | Reduce -19.9% | 161,179 | $20.7M |
| Wellington Management Group LLP | 0.00% | Reduce -3.0% | 147,780 | $19.0M |
| Lido Advisors, LLC | 0.10% | Reduce -0.6% | 143,077 | $18.4M |
| Alliancebernstein L.P. | 0.01% | Add +72.9% | 137,672 | $17.7M |
| Wells Fargo & Company | 0.00% | Reduce -13.1% | 136,080 | $17.5M |
| New York State Common Retirement Fund | 0.02% | Add +1.8% | 129,699 | $16.7M |
| Ameriprise Financial Inc. | 0.00% | Add +31.5% | 128,348 | $16.5M |
| Invesco Ltd. | 0.00% | Add +12.2% | 126,040 | $16.2M |
| Sprucegrove Investment Management Ltd. | 1.30% | Reduce -1.1% | 125,630 | $16.1M |
| Ceredex Value Advisors LLC | 0.33% | Add +0.2% | 119,232 | $15.3M |
| UBS Group AG | 0.00% | Reduce -5.7% | 117,524 | $15.1M |
| Swiss National Bank | 0.01% | Reduce -1.3% | 116,600 | $15.0M |
| California Public Employees Retirement System | 0.01% | Add +4.0% | 104,560 | $13.4M |
| M&T Bank Corp | 0.05% | Reduce -5.5% | 102,980 | $13.2M |
| First National Bank of Omaha | 0.86% | Add +0.3% | 102,790 | $13.2M |
| Russell Investments Group, Ltd. | 0.02% | Add +30.2% | 102,234 | $13.1M |
| Legal & General Group Plc | 0.00% | Add +3.4% | 100,690 | $12.9M |
| Arrowstreet Capital, Limited Partnership | 0.01% | Add +3892.4% | 100,368 | $12.9M |
| CIBC Private Wealth Group LLC | 0.02% | Add +1446.0% | 88,974 | $11.4M |
| Verition Fund Management LLC | 0.07% | Add +33.9% | 86,063 | $11.1M |
| Commonwealth Equity Services, LLC | 0.01% | Add +36.0% | 85,947 | $11.0M |
| Nuveen, LLC | 0.00% | Reduce -24.1% | 78,133 | $10.0M |
| New York State Teachers Retirement System | 0.02% | No change | 75,732 | $9.7M |
| Formuepleje A/S | 0.49% | No change | 69,131 | $8.7M |
| Martin Capital Partners, LLC | 3.38% | Add +221.2% | 67,030 | $8.6M |
| Renaissance Technologies | 0.01% | Add +2918.2% | 66,400 | $8.5M |
| Cerity Partners LLC | 0.02% | Add +8.5% | 66,336 | $8.5M |
| Rafferty Asset Management, LLC | 0.03% | Add +2.4% | 66,237 | $8.5M |
| Whittier Trust Co. | 0.10% | Add +2.3% | 65,729 | $8.4M |
| Bridgewater Associates | 0.03% | New | 65,122 | $8.4M |
| LPL Financial LLC | 0.00% | Add +0.1% | 63,082 | $8.1M |
| WealthPlan Investment Management, LLC | 0.59% | Add +14.3% | 63,071 | $8.1M |
| Barclays PLC | 0.00% | Reduce -75.9% | 62,913 | $8.1M |
| California State Teachers Retirement System | 0.01% | Add +0.1% | 56,168 | $7.2M |
| Franklin Resources Inc. | 0.00% | Add +325.7% | 54,310 | $7.0M |
| Lawson Kroeker Investment Management Inc. | 1.29% | Add +0.8% | 53,970 | $6.9M |
| Citigroup Inc. | 0.00% | Add +10.0% | 53,322 | $6.9M |
| Stifel Financial Corp. | 0.01% | Reduce -2.3% | 53,272 | $6.8M |
| Hilton Capital Management, LLC | 0.54% | Add +5.6% | 53,076 | $6.8M |
| Greenfield Seitz Capital Management, LLC | 2.40% | Add +1.2% | 52,794 | $6.8M |
| Rowlandmiller & Partners.adv | 1.40% | Add +1.3% | 52,723 | $6.8M |
| Argent Trust Co | 0.25% | Reduce -0.4% | 51,942 | $6.7M |
| STRS Ohio | 0.02% | Reduce -21.6% | 51,521 | $6.6M |
| CANADA LIFE ASSURANCE Co | 0.01% | Reduce -1.9% | 47,941 | $6.2M |
| T. Rowe Price Associates Inc. | 0.00% | Reduce -2.4% | 46,178 | $5.9M |
| Holocene Advisors, LP | 0.01% | Add +275.3% | 45,296 | $5.8M |
| Mairs & Power Inc. | 0.06% | Reduce -27.5% | 43,428 | $5.6M |
| First Merchants Corp. | 0.21% | Reduce -3.9% | 42,709 | $5.5M |
| Oak Harvest Investment Services | 0.69% | Add +3.1% | 42,686 | $5.5M |
| Fifth Third Bancorp | 0.02% | Reduce -0.3% | 39,264 | $5.0M |
| American Century Companies Inc. | 0.00% | Reduce -4.1% | 38,474 | $4.9M |
| Abn Amro Investment Solutions | 0.10% | No change | 37,600 | $4.8M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Reduce -62.6% | 36,378 | $4.7M |
| Whittier Trust Co. of Nevada Inc. | 0.10% | Add +3.8% | 35,793 | $4.6M |
| Kempner Capital Management Inc. | 2.42% | Reduce -2.8% | 35,161 | $4.5M |
| Lathrop Investment Management Co. | 0.85% | Reduce -59.0% | 34,846 | $4.5M |
| MetLife Investment Management, LLC | 0.03% | Reduce -2.9% | 34,537 | $4.4M |
| Glass Wealth Management Co LLC | 2.29% | Reduce -0.6% | 33,479 | $4.3M |
| Vest Financial, LLC | 0.06% | Add +22.5% | 33,177 | $4.3M |
| Truist Financial Corp. | 0.01% | Reduce -0.8% | 33,089 | $4.3M |
| State Board of Administration of Florida Retirement System | 0.01% | Reduce -1.6% | 32,968 | $4.2M |
| Mutual of America Capital Management LLC | 0.04% | Reduce -3.3% | 31,970 | $4.1M |
| Susquehanna International Group, LLP | 0.01% | Reduce -30.0% | 30,009 | $3.9M |
| Nisa Investment Advisors, LLC | 0.02% | Reduce -8.8% | 29,999 | $3.9M |
| Twinbeech Capital LP | 0.09% | Add +371.0% | 29,654 | $3.8M |
| Amalgamated Bank | 0.03% | Reduce -0.3% | 29,083 | $3.7M |
| Ameritas Investment Partners, Inc. | 0.12% | Add +0.9% | 28,898 | $3.7M |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -3.1% | 28,632 | $3.7M |
| Citadel Advisors | 0.00% | Reduce -66.4% | 28,630 | $3.7M |
| Quantinno Capital Management LP | 0.02% | Add +7.0% | 28,555 | $3.7M |
| Aquatic Capital Management LLC | 0.07% | Add +89.5% | 28,138 | $3.6M |
| Treasurer of the State of North Carolina | 0.01% | Add +3.2% | 27,769 | $3.6M |
| Thrivent Financial for Lutherans | 0.01% | Reduce -1.3% | 26,997 | $3.5M |
| Voloridge Investment Management, LLC | 0.01% | Reduce -70.5% | 26,819 | $3.4M |
| First National Advisers, LLC | 0.50% | Add +1.3% | 26,771 | $3.4M |
| Watchman Group, Inc. | 0.89% | Reduce -0.5% | 26,532 | $3.4M |
| Callahan Advisors, LLC | 0.31% | Reduce -1.8% | 26,504 | $3.4M |
| Trexquant Investment LP | 0.04% | New | 26,352 | $3.4M |
| State of Tennessee, Department of Treasury | 0.01% | No change | 26,334 | $3.4M |
| Comerica Bank | 0.01% | Reduce -1.2% | 26,023 | $3.3M |
| WealthPLAN Partners, LLC | 0.53% | Reduce -27.5% | 25,853 | $3.3M |
| BNP Paribas Financial Markets | 0.00% | Add +59.4% | 25,671 | $3.3M |
| Brandywine Global Investment Management, LLC | 0.02% | Reduce -2.7% | 25,438 | $3.3M |
| Janney Montgomery Scott LLC | 0.01% | Add +46.8% | 24,347 | $3.1M |
| Cullen/Frost Bankers, Inc. | 0.04% | Reduce -37.5% | 23,903 | $3.1M |
| Gabelli Funds LLC | 0.02% | No change | 23,200 | $3.0M |
| Police & Firemen's Retirement System of New Jersey | 0.03% | Add +6.1% | 22,663 | $2.9M |
| Graham Capital Management, L.P. | 0.09% | New | 22,359 | $2.9M |
| Yousif Capital Management, LLC | 0.03% | Reduce -1.7% | 21,629 | $2.8M |
| Public Employees Retirement System of Ohio | 0.01% | Add +13.2% | 21,241 | $2.7M |
| JB Capital LLC | 0.13% | New | 20,707 | $2.7M |
| Captrust Financial Advisors | 0.01% | Add +1.9% | 20,500 | $2.6M |
| EFG Asset Management (North America) Corp. | 0.36% | New | 19,596 | $2.5M |
| Squarepoint Ops LLC | 0.01% | New | 19,525 | $2.5M |
| Teachers Retirement System of the State of Kentucky | 0.02% | No change | 19,374 | $2.5M |
| Louisiana State Employees Retirement System | 0.04% | Add +0.6% | 18,100 | $2.3M |
| Oddo BHF Asset Management Sas | 0.09% | Reduce -2.7% | 17,970 | $2.3M |
| Tidal Investments LLC | 0.01% | Reduce -2.3% | 17,869 | $2.3M |
| Cardinal Capital Management | 0.34% | Add +0.5% | 17,824 | $2.3M |
| Arizona State Retirement System | 0.01% | Add +2.0% | 17,823 | $2.3M |
| Pathstone Holdings, LLC | 0.01% | Reduce -8.4% | 17,742 | $2.3M |
| Two Sigma Investments, LP | 0.00% | Reduce -29.9% | 17,604 | $2.3M |
| South Dakota Investment Council | 0.04% | Reduce -33.0% | 17,585 | $2.3M |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -6.1% | 17,001 | $2.2M |
| Corient Private Wealth LP | 0.00% | Add +17.7% | 16,889 | $2.2M |
| State of New Jersey Common Pension Fund D | 0.01% | No change | 16,689 | $2.1M |
| Bank of Montreal | 0.00% | Reduce -8.7% | 16,671 | $2.1M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Add +7.6% | 16,518 | $2.1M |
| D. E. Shaw & Co. | 0.00% | Add +10.5% | 15,838 | $2.0M |
| Teacher Retirement System of Texas | 0.01% | Add +8.2% | 15,616 | $2.0M |
| State of Michigan Retirement System | 0.01% | Add +0.7% | 15,464 | $2.0M |
| Creative Planning | 0.00% | Add +9.6% | 15,049 | $1.9M |
| Sanctuary Advisors, LLC | 0.01% | Add +0.1% | 14,960 | $1.9M |
| Handelsbanken Fonder AB | 0.01% | Reduce -5.1% | 14,816 | $1.9M |
| First American Bank | 0.13% | No change | 14,809 | $1.9M |
| Northwestern Mutual Investment Management Company, LLC | 0.03% | Add +0.5% | 14,353 | $1.8M |
| Orion Porfolio Solutions, LLC | 0.02% | Reduce -1.1% | 14,305 | $1.8M |
| &partners | 0.01% | Add +67.3% | 14,232 | $1.8M |
| Neville Rodie & Shaw Inc. | 0.13% | No change | 13,974 | $1.8M |
| Bessemer Group Inc. | 0.00% | Reduce -26.8% | 13,831 | $1.8M |
| Diversified Trust Co. | 0.04% | Add +8.1% | 13,549 | $1.7M |
| Prudential PLC | 0.01% | Reduce -71.1% | 13,424 | $1.7M |
| Oregon Public Employees Retirement Fund | 0.03% | Add +0.8% | 13,188 | $1.7M |
| HighTower Advisors, LLC | 0.00% | Add +6.7% | 13,156 | $1.7M |
| New Mexico Educational Retirement Board | 0.06% | No change | 13,100 | $1.7M |
| Rydar Equities, Inc. | 1.29% | — | 12,725 | $1.6M |
| KLP Kapitalforvaltning As | 0.01% | Add +8.6% | 12,700 | $1.6M |
| New Age Alpha Advisors, LLC | 0.07% | Add +5.2% | 12,514 | $1.6M |
| Riverwater Partners LLC | 0.74% | Reduce -2.9% | 12,306 | $1.6M |
| Commerce Bank | 0.01% | Reduce -4.7% | 11,959 | $1.5M |
| Brevan Howard Capital Management LP | 0.02% | New | 11,886 | $1.5M |
| Beck Bode, LLC | 0.26% | Add +2.5% | 11,882 | $1.5M |
| Victory Capital Management Inc. | 0.00% | Reduce -34.8% | 11,786 | $1.5M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +10.0% | 11,723 | $1.5M |
| Atria Investments, Inc | 0.02% | Reduce -25.9% | 11,596 | $1.5M |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +1.3% | 10,607 | $1.4M |
| Zurich Insurance Group Ltd | 0.01% | No change | 10,800 | $1.4M |
| Mach-1 Financial Group, LLC | 0.38% | Add +30.3% | 10,023 | $1.3M |
| Anchor Investment Management, LLC | 0.11% | No change | 9,800 | $1.3M |
| Utah Retirement Systems | 0.01% | No change | 9,796 | $1.3M |
| First Manhattan Co. Llc. | 0.00% | No change | 9,533 | $1.2M |
| Mariner, LLC | 0.00% | Reduce -23.7% | 9,457 | $1.2M |
| Inceptionr LLC | 0.28% | Add +11.6% | 9,272 | $1.2M |
| Eight 31 Financial, LLC | 0.79% | No change | 9,250 | $1.2M |
| Tributary Capital Management, LLC | 0.10% | Add +3.7% | 9,179 | $1.2M |
| Pictet Asset Management Holding SA | 0.00% | Reduce -0.4% | 9,100 | $1.2M |
| Centennial Bank | 0.49% | No change | 9,100 | $1.2M |
| 1900 Wealth Management LLC | 0.09% | Add +0.1% | 8,975 | $1.2M |
| Centiva Capital, LP | 0.08% | Add +2.8% | 8,866 | $1.1M |
| M.E. Allison & Co., Inc. | 0.90% | Add +35.1% | 8,734 | $1.1M |
| Magnetar Financial LLC | 0.01% | New | 8,705 | $1.1M |
| Cetera Investment Advisers | 0.00% | Add +1.8% | 8,664 | $1.1M |
| Campbell & CO Investment Adviser LLC | 0.07% | Reduce -71.6% | 8,642 | $1.1M |
| Hancock Whitney Corp. | 0.02% | Add +4.5% | 8,604 | $1.1M |
| Balyasny Asset Management L.P. | 0.00% | New | 8,210 | $1.1M |
| Engineers Gate Manager LP | 0.01% | Add +63.5% | 8,204 | $1.1M |
| Jones Financial Companies LLLP | 0.00% | Add +12.1% | 7,951 | $1.0M |
| GAMMA Investing LLC | 0.06% | Reduce -1.2% | 7,936 | $1.0M |
| Oppenheimer Asset Management Inc. | 0.01% | Add +3.1% | 7,920 | $1.0M |
| Roehl & Yi Investment Advisors, LLC | 0.50% | No change | 7,566 | $973K |
| Dark Forest Capital Management LP | 0.04% | New | 7,491 | $963K |
| Carnegie Investment Counsel | 0.02% | New | 7,465 | $960K |
| Allianz Asset Management GmbH | 0.00% | Reduce -38.6% | 7,457 | $959K |
| Voya Investment Management LLC | 0.00% | Reduce -0.5% | 7,309 | $939K |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Add +15.7% | 7,286 | $937K |
| Sovran Advisors, LLC | 0.10% | Reduce -2.7% | 6,820 | $931K |
| State of Alaska, Department of Revenue | 0.01% | Reduce -4.0% | 7,219 | $927K |
| VELA Investment Management, LLC | 0.27% | Reduce -14.6% | 7,148 | $919K |
| 17 Capital Partners, LLC | 0.53% | Reduce -11.4% | 7,110 | $914K |
| Quadrant Capital Group LLC | 0.03% | Add +2.9% | 7,101 | $913K |
| Sigma Planning Corp | 0.03% | Reduce -0.6% | 7,035 | $904K |
| Xponance LLC | 0.01% | Reduce -3.0% | 6,993 | $899K |
| Coldstream Capital Management Inc. | 0.01% | Reduce -1.9% | 6,982 | $897K |
| Mercer Global Advisors Inc. | 0.00% | Add +69.0% | 6,945 | $893K |
| Stephens Inc. | 0.01% | Add +33.0% | 6,911 | $888K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Add +94.2% | 6,653 | $855K |
| Prudential Financial Inc. | 0.00% | Add +20.3% | 6,525 | $839K |
| Fuller & Thaler Asset Management, Inc. | 0.00% | Reduce -0.0% | 6,425 | $826K |
| Dynamic Technology Lab Private Ltd | 0.11% | New | 6,170 | $793K |
| Glenmede Investment Management, LP | 0.00% | — | 6,073 | $781K |
| MMBG Investment Advisors Co. | 0.08% | No change | 6,070 | $780K |
| Federated Hermes, Inc. | 0.00% | Reduce -1.3% | 6,001 | $771K |
| Choreo, LLC | 0.01% | Add +171.0% | 5,948 | $765K |
| J.W. Cole Advisors, Inc. | 0.02% | New | 5,925 | $762K |
| CW Advisors, LLC | 0.01% | Add +0.5% | 5,922 | $761K |
| Cary Street Partners Financial LLC | 0.02% | Reduce -14.4% | 5,917 | $761K |
| Osaic Holdings, Inc. | 0.00% | Add +128.4% | 5,928 | $756K |
| State of Wisconsin Investment Board | 0.00% | Reduce -10.8% | 5,756 | $740K |
| Illinois Municipal Retirement Fund | 0.01% | New | 5,747 | $739K |
| Great Lakes Advisors, LLC | 0.01% | Reduce -0.9% | 5,660 | $728K |
| Oak Thistle LLC | 0.10% | New | 5,514 | $709K |
| Moody National Bank Trust Division | 0.06% | Add +37.1% | 5,354 | $688K |
| Titleist Asset Management, LLC | 0.07% | Reduce -1.0% | 5,232 | $673K |
| Deutsche Bank AG | 0.00% | Add +0.6% | 5,182 | $666K |
| Fulton Bank, N.A. | 0.02% | Add +0.7% | 5,047 | $649K |
| Prime Capital Investment Advisors, LLC | 0.01% | Reduce -1.5% | 5,028 | $646K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Add +1.4% | 4,927 | $633K |
| Bradley Foster & Sargent Inc. | 0.01% | Reduce -6.2% | 4,925 | $633K |
| Cwm, LLC | 0.00% | Add +4.0% | 4,928 | $633K |
| Oppenheimer & Co. Inc. | 0.01% | Reduce -52.5% | 4,885 | $628K |
| Fayez Sarofim & Co | 0.00% | No change | 4,867 | $626K |
| Securian Asset Management, Inc. | 0.02% | No change | 4,848 | $623K |
| Cannell & Spears LLC | 0.01% | Add +0.1% | 4,845 | $623K |
| First Citizens Bank & Trust Co. | 0.01% | New | 4,698 | $604K |
| Hilltop Holdings Inc. | 0.04% | Add +0.1% | 4,543 | $584K |
| Benjamin Edwards Inc. | 0.01% | Add +3.8% | 4,471 | $575K |
| HRT Financial LP | 0.00% | New | 4,393 | $564K |
| MML Investors Services, LLC | 0.00% | Add +7.0% | 4,350 | $559K |
| Concurrent Investment Advisors, LLC | 0.01% | New | 4,278 | $550K |
| Tudor Investment Corporation | 0.00% | Reduce -81.4% | 4,240 | $545K |
| Venturi Wealth Management, LLC | 0.03% | Reduce -40.0% | 4,240 | $545K |
| Groesbeck Investment Management Corp. | 0.94% | Reduce -16.1% | 4,176 | $537K |
| Pallas Capital Advisors LLC | 0.02% | Reduce -1.4% | 4,034 | $519K |
| Farringdon Capital, Ltd. | 0.17% | New | 4,018 | $516K |
| Two Sigma Advisers, LP | 0.00% | Reduce -20.0% | 4,000 | $514K |
| Sterling Capital Management LLC | 0.01% | Add +22.1% | 3,991 | $513K |
| US Bancorp \de | 0.00% | Reduce -20.3% | 3,880 | $499K |
| Tanglewood Legacy Advisors, LLC | 0.20% | No change | 3,802 | $489K |
| Summit Trail Advisors, LLC | 0.01% | New | 3,786 | $487K |
| Aspen Wealth Management LLC | 0.12% | Reduce -0.5% | 3,752 | $482K |
| Washington Capital Management, Inc. | 0.35% | No change | 3,700 | $476K |
| LCNB Corp. | 0.16% | No change | 3,625 | $466K |
| Symphony Financial, Ltd. Co. | 0.06% | New | 3,694 | $464K |
| Community Bank & Trust, Waco, Texas | 0.10% | No change | 3,600 | $463K |
| O'shaughnessy Asset Management, LLC | 0.00% | Add +8.5% | 3,579 | $460K |
| Ethic Inc. | 0.01% | Reduce -19.2% | 3,523 | $454K |
| HSBC Holdings PLC | 0.00% | Reduce -80.2% | 3,437 | $443K |
| Connor, Clark & Lunn Investment Management Ltd. | 0.00% | New | 3,434 | $441K |
| Fearless Solutions, LLC dba Best Invest | 0.30% | Reduce -0.0% | 3,391 | $436K |
| Probity Advisors, Inc. | 0.08% | Reduce -8.9% | 3,362 | $432K |
| Marshall Wace, LLP | 0.00% | Add +4.9% | 3,334 | $429K |
| Evergreen Capital Management LLC | 0.01% | Add +1.5% | 3,317 | $426K |
| First Dallas Securities Inc. | 0.17% | Reduce -15.5% | 3,278 | $421K |
| DRW Securities, LLC | 0.03% | New | 3,193 | $414K |
| Private Advisor Group, LLC | 0.00% | New | 3,189 | $410K |
| Hodges Capital Management Inc. | 0.04% | Reduce -42.1% | 3,095 | $398K |
| Bokf, NA | 0.01% | Add +37.9% | 3,091 | $397K |
| Guggenheim Capital LLC | 0.00% | Add +12.0% | 3,028 | $389K |
| Financial Gravity Companies, Inc. | 0.08% | — | 3,023 | $389K |
| Tower Research Capital LLC (TRC) | 0.01% | Reduce -21.6% | 2,966 | $381K |
| Beacon Financial Group | 0.04% | Reduce -1.3% | 2,934 | $377K |
| Alps Advisors Inc. | 0.00% | Add +1.2% | 2,925 | $376K |
| Trust Point Inc. | 0.04% | Reduce -29.0% | 2,912 | $374K |
| Curi Capital, LLC | 0.01% | Add +12.1% | 2,911 | $374K |
| WINTON GROUP Ltd | 0.02% | New | 2,873 | $369K |
| Beacon Pointe Advisors, LLC | 0.00% | Reduce -7.7% | 2,869 | $369K |
| Park Avenue Securities LLC | 0.00% | Reduce -4.5% | 2,771 | $356K |
| Maryland State Retirement & Pension System | 0.01% | No change | 2,748 | $353K |
| Simplex Trading, LLC | 0.01% | Add +143.4% | 2,707 | $347K |
| Kestra Advisory Services, LLC | 0.00% | Add +12.2% | 2,678 | $344K |
| Fieldview Capital Management, LLC | 0.05% | New | 2,677 | $344K |
| Fruth Investment Management | 0.09% | No change | 2,600 | $334K |
| NewEdge Advisors, LLC | 0.00% | Reduce -7.7% | 2,594 | $333K |
| OneDigital Investment Advisors LLC | 0.00% | Add +0.0% | 2,577 | $331K |
| Everpar Advisors LLC | 0.15% | Reduce -1.6% | 2,575 | $331K |
| Sanders Morris Harris LLC | 0.08% | No change | 2,500 | $321K |
| National Philanthropic Trust | 0.00% | Add +0.8% | 2,490 | $320K |
| Shelton Capital Management | 0.01% | Reduce -2.2% | 2,478 | $319K |
| Callan Family Office, LLC | 0.01% | New | 2,447 | $315K |
| Avidian Wealth Enterprises, LLC | 0.01% | Reduce -29.1% | 2,428 | $312K |
| Kingswood Wealth Advisors, LLC | 0.02% | Reduce -0.3% | 2,386 | $307K |
| Icon Wealth Advisors, LLC | 0.02% | Add +60.7% | 2,373 | $305K |
| Profund Advisors LLC | 0.01% | Reduce -6.5% | 2,322 | $298K |
| LaSalle St. Investment Advisors, LLC | 0.08% | Add +6.4% | 2,303 | $296K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -9.8% | 2,291 | $294K |
| HB Wealth Management, LLC | 0.00% | Add +18.9% | 2,255 | $290K |
| Fifth Third Wealth Advisors LLC | 0.01% | Reduce -0.9% | 2,251 | $289K |
| Clearstead Advisors, LLC | 0.00% | Add +8.1% | 2,240 | $288K |
| Forum Financial Management, LP | 0.00% | No change | 2,218 | $285K |
| Skandinaviska Enskilda Banken AB (publ) | 0.00% | New | 2,174 | $279K |
| Ballentine Partners, LLC | 0.00% | Reduce -0.4% | 2,166 | $278K |
| Atria Wealth Solutions, Inc. | 0.01% | Reduce -20.5% | 2,125 | $273K |
| Enzi Wealth | 0.10% | No change | 2,000 | $273K |
| Keybank National Association | 0.00% | Reduce -8.9% | 2,118 | $272K |
| Greenleaf Trust | 0.00% | Add +0.6% | 2,113 | $272K |
| Strategic Financial Concepts, LLC | 0.04% | Add +0.1% | 2,102 | $270K |
| Juncture Wealth Strategies, LLC | 0.10% | No change | 2,081 | $267K |
| Warwick Investment Management, Inc. | 0.05% | Reduce -1.6% | 2,080 | $267K |
| CIBC Asset Management Inc | 0.00% | No change | 2,064 | $265K |
| Personal Cfo Solutions, LLC | 0.05% | Reduce -3.8% | 2,035 | $262K |
| Princeton Capital Management LLC | 0.08% | New | 2,000 | $257K |
| Schulz Wealth, LTD. | 0.19% | No change | 1,985 | $255K |
| Hamilton Capital Partners Inc. | 0.01% | Add +52.9% | 1,966 | $253K |
| Elk River Wealth Management LLC | 0.04% | No change | 1,963 | $252K |
| Keel Point, LLC | 0.02% | New | 1,927 | $248K |
| Sather Financial Group Inc | 0.01% | No change | 1,863 | $239K |
| Coastline Trust Co | 0.03% | No change | 1,815 | $233K |
| New England Research & Management, Inc. | 0.11% | Add +1.4% | 1,800 | $231K |
| Prospera Financial Services Inc | 0.00% | No change | 1,789 | $230K |
| Rexford Capital Inc. | 0.19% | — | 1,771 | $228K |
| Jamison Private Wealth Management, Inc. | 0.03% | Add +0.4% | 1,761 | $226K |
| Phillips Wealth Planners LLC | 0.20% | New | 1,649 | $225K |
| Argyle Capital Partners, LLC | 0.18% | No change | 1,730 | $222K |
| Regions Financial Corp. | 0.00% | Add +0.5% | 1,728 | $222K |
| Johnson Investment Counsel Inc. | 0.00% | No change | 1,723 | $221K |
| IFP Advisors, Inc | 0.01% | Reduce -18.5% | 1,164 | $221K |
| BOK Financial Private Wealth, Inc. | 0.01% | Reduce -1.3% | 1,712 | $220K |
| Garrett Wealth Advisory Group, LLC | 0.05% | No change | 1,697 | $218K |
| KBC Group NV | 0.00% | Reduce -31.0% | 1,698 | $218K |
| Wedmont Private Capital | 0.01% | New | 1,588 | $217K |
| Focus Partners Wealth | 0.00% | New | 1,689 | $217K |
| Legacy Capital Wealth Partners, LLC | 0.05% | Add +1.9% | 1,677 | $216K |
| Merit Financial Group, LLC | 0.00% | New | 1,655 | $213K |
| Legacy Financial Advisors, Inc. | 0.03% | Reduce -80.4% | 1,640 | $211K |
| Norden Group LLC | 0.02% | Reduce -7.0% | 1,588 | $204K |
| Swiss Life Asset Management Ltd | 0.00% | New | 1,576 | $203K |
| Blueshift Asset Management, LLC | 0.06% | New | 1,567 | $201K |
| Avantax Advisory Services, Inc. | 0.00% | New | 1,561 | $201K |
| 1620 Investment Advisors, Inc. | 0.13% | Reduce -2.0% | 1,406 | $181K |
| Motco | 0.02% | No change | 1,397 | $178K |
| CENTRAL TRUST Co | 0.00% | Add +1.4% | 1,332 | $171K |
| Sunbelt Securities, Inc. | 0.01% | Add +138.2% | 1,172 | $157K |
| EverSource Wealth Advisors, LLC | 0.01% | Add +82.9% | 1,174 | $151K |
| Manchester Capital Management LLC | 0.02% | Add +1.0% | 1,122 | $144K |
| SG Americas Securities, LLC | 0.00% | Reduce -88.6% | 1,113 | $143K |
| AlphaQuest LLC | 0.01% | Add +8.0% | 1,082 | $139K |
| CI Investments Inc. | 0.00% | Reduce -22.6% | 1,010 | $130K |
| Horizon Bancorp Inc. | 0.06% | New | 1,000 | $129K |
| LRI Investments, LLC | 0.01% | No change | 998 | $128K |
| Natixis | 0.00% | New | 949 | $122K |
| Reyes Financial Architecture, Inc. | 0.09% | Reduce -34.2% | 838 | $108K |
| Lanark Financial, Inc. | 0.01% | Add +365.3% | 805 | $103K |
| UMB Bank, n.a. | 0.00% | Add +94.6% | 761 | $98K |
| SBI Securities Co., Ltd. | 0.00% | Reduce -9.2% | 684 | $88K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -3.1% | 631 | $81K |
| Signaturefd, LLC | 0.00% | Add +1.0% | 599 | $77K |
| Brooklyn Investment Group | 0.01% | Add +68.7% | 587 | $75K |
| Oliver Lagore Vanvalin Investment Group | 0.03% | — | 597 | $75K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | New | 564 | $72K |
| Danske Bank A/S | 0.00% | Reduce -96.5% | 559 | $72K |
| American National Bank & Trust | 0.01% | No change | 550 | $71K |
| Spire Wealth Management | 0.00% | No change | 543 | $70K |
| Geneos Wealth Management Inc. | 0.00% | Add +38.5% | 507 | $65K |
| Riggs Asset Managment Co. Inc. | 0.02% | Add +0.6% | 503 | $65K |
| Robinson Value Management, Ltd. | 0.04% | No change | 500 | $64K |
| Quarry LP | 0.02% | New | 492 | $63K |
| State of Wyoming | 0.01% | Reduce -66.3% | 474 | $61K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 460 | $59K |
| BI Asset Management Fondsmaeglerselskab A/S | 0.00% | No change | 452 | $58K |
| Cary Street Partners Investment Advisory LLC | 0.03% | Reduce -9.2% | 424 | $55K |
| Lummis Asset Management, LP | 0.03% | No change | 397 | $51K |
| MAI Capital Management | 0.00% | Add +171.0% | 393 | $51K |
| Parallel Advisors, LLC | 0.00% | Reduce -29.1% | 370 | $48K |
| Harbor Capital Advisors, Inc. | 0.00% | Add +6.4% | 366 | $47K |
| Huntington National Bank | 0.00% | Add +0.8% | 365 | $47K |
| Arvest Investments, Inc. | 0.01% | Add +0.9% | 342 | $44K |
| Principal Securities, Inc. | 0.00% | Add +61.6% | 333 | $43K |
| Allworth Financial LP | 0.00% | Add +17.1% | 288 | $37K |
| Parkside Financial Bank & Trust | 0.00% | Add +31.0% | 279 | $36K |
| Group One Trading LLC | 0.00% | New | 273 | $35K |
| Hantz Financial Services, Inc. | 0.00% | Add +8800.0% | 267 | $34K |
| First PREMIER Bank | 0.01% | No change | 250 | $32K |
| Alpine Bank Wealth Management | 0.00% | Reduce -8.3% | 221 | $28K |
| True Wealth Design, LLC | 0.01% | No change | 218 | $28K |
| Matrix Trust Co | 0.00% | Add +34.8% | 213 | $27K |
| Arax Advisory Partners | 0.00% | Add +236.7% | 202 | $26K |
| Farther Finance Advisors, LLC | 0.00% | Add +4.8% | 173 | $22K |
| Smartleaf Asset Management LLC | 0.00% | Add +9.7% | 169 | $22K |
| Private Trust Co. NA | 0.00% | Reduce -9.2% | 168 | $22K |
| Asset Dedication, LLC | 0.00% | No change | 166 | $21K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +10.7% | 165 | $21K |
| Barrow Hanley Mewhinney & Strauss LLC | 0.00% | No change | 162 | $21K |
| Darwin Wealth Management, LLC | 0.01% | Add +1.3% | 158 | $20K |
| Signature Resources Capital Management, LLC | 0.01% | New | 152 | $20K |
| Pin Oak Investment Advisors Inc. | 0.02% | Reduce -16.6% | 151 | $18K |
| Rise Advisors, LLC | 0.01% | Add +0.7% | 136 | $17K |
| First Community Trust NA | 0.01% | No change | 125 | $16K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.01% | Add +3.5% | 120 | $15K |
| Coston, McIsaac & Partners | 0.00% | No change | 115 | $14K |
| Essential Partners LLC | 0.00% | — | 96 | $12K |
| Chilton Capital Management LLC | 0.00% | No change | 89 | $11K |
| Covestor Ltd | 0.01% | No change | 87 | $11K |
| Brown Brothers Harriman & Co. | 0.00% | Reduce -56.4% | 85 | $11K |
| Ameritas Advisory Services, LLC | 0.00% | New | 84 | $11K |
| LGT Financial Advisors LLC | 0.02% | No change | 74 | $10K |
| Blue Trust, Inc. | 0.00% | No change | 73 | $9K |
| Hemington Wealth Management | 0.00% | Add +12.1% | 74 | $9K |
| WPG Advisers, LLC | 0.01% | Reduce -8.6% | 64 | $8K |
| Albion Financial Group | 0.00% | No change | 64 | $8K |
| Murphy & Mullick Capital Management Corp | 0.01% | No change | 61 | $8K |
| Optiver Holding B.V. | 0.00% | Add +177.3% | 61 | $8K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 60 | $8K |
| Park Square Financial Group, LLC | 0.01% | No change | 58 | $7K |
| Farmers & Merchants Investments Inc. | 0.00% | Add +10.4% | 53 | $7K |
| Financial Management Professionals, Inc. | 0.00% | Add +5100.0% | 52 | $7K |
| Curat Global, LLC | 0.01% | No change | 50 | $6K |
| Versant Capital Management, Inc | 0.00% | Reduce -31.5% | 50 | $6K |
| JFS Wealth Advisors, LLC | 0.00% | Add +11.1% | 50 | $6K |
| Wilmington Savings Fund Society, FSB | 0.00% | Reduce -81.6% | 45 | $6K |
| Assetmark, Inc. | 0.00% | Add +160.0% | 39 | $5K |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 38 | $5K |
| Park Place Capital Corp | 0.00% | No change | 37 | $5K |
| Abound Wealth Management | 0.00% | Add +2.7% | 38 | $5K |
| Montag A & Associates Inc. | 0.00% | No change | 37 | $5K |
| Sachetta, LLC | 0.00% | No change | 36 | $5K |
| Dogwood Wealth Management LLC | 0.00% | New | 33 | $5K |
| Global Retirement Partners, LLC | 0.00% | — | 35 | $4K |
| CNB Bank | 0.00% | No change | 34 | $4K |
| Bangor Savings Bank | 0.00% | No change | 34 | $4K |
| Bruce G. Allen Investments, LLC | 0.00% | No change | 32 | $4K |
| Wood Tarver Financial Group, LLC | 0.00% | No change | 34 | $4K |
| Activest Wealth Management | 0.00% | New | 29 | $4K |
| Webster Bank, N. A. | 0.00% | New | 28 | $4K |
| Caldwell Trust Co | 0.00% | No change | 25 | $3K |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 0.00% | No change | 24 | $3K |
| SouthState Bank Corp | 0.00% | Reduce -37.8% | 23 | $3K |
| Whipplewood Advisors, LLC | 0.00% | Reduce -45.2% | 23 | $3K |
| Fortitude Family Office, LLC | 0.00% | New | 20 | $3K |
| Larson Financial Group LLC | 0.00% | Add +11.1% | 20 | $3K |
| Key Financial Inc | 0.00% | No change | 19 | $2K |
| Cornerstone Planning Group LLC | 0.00% | Reduce -50.0% | 18 | $2K |
| Creative Financial Designs Inc. | 0.00% | Add +30.8% | 17 | $2K |
| Granite FO LLC | 0.00% | No change | 17 | $2K |
| AdvisorNet Financial, Inc | 0.00% | Reduce -15.8% | 16 | $2K |
| CX Institutional | 0.00% | No change | 14 | $2K |
| Kayne Anderson Rudnick Investment Management LLC | 0.00% | Add +150.0% | 15 | $2K |
| FSA Wealth Management LLC | 0.00% | No change | 13 | $2K |
| Colonial Trust Co / SC | 0.00% | No change | 13 | $2K |
| Bell Investment Advisors, Inc | 0.00% | No change | 12 | $2K |
| DiNuzzo Private Wealth, Inc. | 0.00% | Reduce -7.7% | 12 | $2K |
| ROSS\JOHNSON & Associates LLC | 0.03% | No change | 12 | $2K |
| Cromwell Holdings LLC | 0.00% | New | 10 | $1K |
| Nova Wealth Management, Inc. | 0.00% | New | 7 | $911 |
| SJS Investment Consulting Inc. | 0.00% | Reduce -45.5% | 6 | $772 |
| Oakworth Capital, Inc. | 0.00% | No change | 6 | $771 |
| HFM Investment Advisors, LLC | 0.00% | Add +150.0% | 5 | $643 |
| Arlington Trust Co LLC | 0.00% | New | 5 | $643 |
| Twin Peaks Wealth Advisors, LLC | 0.00% | New | 5 | $624 |
| Rialto Wealth Management, LLC | 0.00% | New | 4 | $515 |
| Parkworth Wealth Management, Inc. | 0.00% | Add +100.0% | 4 | $514 |
| Aventura Private Wealth, LLC | 0.00% | New | 4 | $514 |
| Bogart Wealth, LLC | 0.00% | New | 4 | $514 |
| Highline Wealth Partners LLC | 0.00% | No change | 3 | $386 |
| Bay Harbor Wealth Management, LLC | 0.00% | Add +50.0% | 3 | $385 |
| Principia Wealth Advisory, LLC | 0.00% | No change | 2 | $257 |
| Tortoise Investment Management, LLC | 0.00% | New | 1 | $129 |
| Avion Wealth | 0.00% | New | 4 | $0 |
"% of holder's portfolio" is CFR's weight in each manager's 13F, not the share of Cullen/Frost Bankers Inc. the manager owns.