Cullen/Frost BankersCFR
13F holders, Q3 2025 (September 30)480holders −2
51new positions
48sold out
8famous investors
$126.79avg. 13F price*
At the end of Q3 2025, 480 institutions reported holding Cullen/Frost Bankers Inc. (CFR) in their 13F filings, down 2 from Q2 2025. 51 opened new positions and 48 sold out. The largest holders were Vanguard Group Inc. ($822.8M), BlackRock, Inc. ($785.5M) and Aristotle Capital Management, LLC ($669.4M). 8 famous investors held it, including Ray Dalio (0.1% of Bridgewater Associates's portfolio), Steve Cohen (0.0% of Point72 Asset Management's portfolio) and Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio).
- Company
- Cullen/Frost Bankers Inc.
- CUSIP
- 229899109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 51 | $106.9M |
| Exits | 48 | $32.6M |
All 13F filers, Q2 2025 → Q3 2025: 4,216,105 shares bought and 1,725,674 shares sold, net +2,490,431 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 480 holders
| Vanguard Group Inc. | 0.01% | Reduce -0.6% | 6,490,753 | $822.8M |
| BlackRock, Inc. | 0.01% | Add +3.1% | 6,196,252 | $785.5M |
| Aristotle Capital Management, LLC | 1.29% | Reduce -5.7% | 5,280,713 | $669.4M |
| State Street Corp. | 0.01% | Reduce -1.8% | 3,373,476 | $427.7M |
| Champlain Investment Partners, LLC | 1.62% | Reduce -2.6% | 1,689,642 | $214.2M |
| Neuberger Berman Group LLC | 0.13% | Add +7.2% | 1,419,113 | $179.9M |
| King Luther Capital Management Corp. | 0.71% | Reduce -3.7% | 1,354,195 | $171.7M |
| FMR LLC | 0.01% | Add +1.1% | 1,317,008 | $167.0M |
| Geode Capital Management, LLC | 0.01% | Add +5.2% | 1,214,019 | $153.9M |
| Dimensional Fund Advisors LP | 0.03% | Add +6.9% | 1,187,406 | $150.5M |
| Bank of America Corp. | 0.01% | Add +8.5% | 1,129,673 | $143.2M |
| Boston Trust Walden Corp | 1.02% | Reduce -0.8% | 1,091,937 | $138.4M |
| Janus Henderson Group PLC | 0.06% | Add +0.1% | 1,055,985 | $133.9M |
| Westwood Holdings Group Inc. | 0.91% | Add +126.5% | 996,401 | $126.3M |
| Northern Trust Corp. | 0.02% | Add +2.3% | 965,821 | $122.4M |
| Impax Asset Management Group plc | 0.68% | Add +11.9% | 920,833 | $116.7M |
| Vaughan Nelson Investment Management, L.P. | 0.96% | Add +3.1% | 831,752 | $105.4M |
| First Trust Advisors LP | 0.07% | Add +8.0% | 705,101 | $89.4M |
| Principal Financial Group Inc. | 0.04% | Reduce -9.3% | 701,963 | $89.0M |
| JPMorgan Chase & Co. | 0.01% | Reduce -11.2% | 672,782 | $85.3M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -10.3% | 636,835 | $80.7M |
| Manufacturers Life Insurance Company, The | 0.07% | Reduce -14.3% | 636,414 | $80.7M |
| Bank of New York Mellon Corp | 0.01% | Reduce -6.5% | 571,694 | $72.5M |
| Sei Investments Co. | 0.08% | Add +3.8% | 568,358 | $72.1M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -2.2% | 527,830 | $66.9M |
| Morgan Stanley | 0.00% | Add +0.3% | 477,036 | $60.5M |
| Royal Bank of Canada | 0.01% | Add +6.8% | 444,372 | $56.3M |
| GW&K Investment Management, LLC | 0.45% | Add +13.1% | 400,040 | $50.7M |
| Madison Asset Management, LLC | 0.53% | Reduce -1.0% | 377,226 | $47.8M |
| Two Sigma Investments, LP | 0.08% | Add +2024.4% | 373,977 | $47.4M |
| Natixis Advisors, LLC | 0.07% | Add +11.3% | 365,370 | $46.3M |
| UBS Group AG | 0.01% | Add +197.5% | 349,601 | $44.3M |
| Bartlett & Co. Wealth Management LLC | 0.57% | Reduce -11.1% | 339,921 | $43.1M |
| Alberta Investment Management Corp | 0.34% | Add +10.0% | 330,000 | $41.8M |
| Jacobs Levy Equity Management, Inc. | 0.15% | Reduce -8.4% | 300,715 | $38.1M |
| Envestnet Asset Management Inc. | 0.01% | Add +8.1% | 276,117 | $35.0M |
| Palisade Capital Management, LP | 1.03% | Reduce -1.2% | 264,635 | $33.5M |
| ProShare Advisors LLC | 0.07% | Reduce -10.1% | 258,582 | $32.8M |
| Polaris Capital Management, LLC | 2.07% | Reduce -2.4% | 247,900 | $31.4M |
| Fiera Capital Corp | 0.10% | New | 234,824 | $29.8M |
| Millennium Management | 0.02% | New | 234,179 | $29.7M |
| Wellington Management Group LLP | 0.00% | Add +50.1% | 221,777 | $28.1M |
| TCTC Holdings, LLC | 0.82% | Reduce -5.2% | 218,220 | $27.7M |
| Deprince Race & Zollo Inc. | 0.52% | Reduce -25.2% | 206,076 | $26.1M |
| Two Sigma Advisers, LP | 0.05% | Add +4892.5% | 199,700 | $25.3M |
| Public Employees Retirement Association of Colorado | 0.09% | Add +18.1% | 198,050 | $25.1M |
| New York State Common Retirement Fund | 0.03% | Add +45.9% | 189,200 | $24.0M |
| Formuepleje A/S | 1.32% | Add +166.8% | 184,463 | $23.4M |
| Raymond James Financial Inc. | 0.01% | Add +8.5% | 181,215 | $23.0M |
| Arrowstreet Capital, Limited Partnership | 0.01% | Add +78.9% | 179,525 | $22.8M |
| Rhumbline Advisers | 0.02% | Reduce -1.8% | 162,997 | $20.7M |
| Retirement Systems of Alabama | 0.07% | Reduce -0.5% | 162,574 | $20.6M |
| Wells Fargo & Company | 0.00% | Add +17.8% | 160,326 | $20.3M |
| Ameriprise Financial Inc. | 0.00% | Add +18.9% | 152,644 | $19.3M |
| Lido Advisors, LLC | 0.08% | Add +4.3% | 149,289 | $18.9M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -37.0% | 144,682 | $18.3M |
| Bridgewater Associates | 0.07% | Add +112.7% | 138,524 | $17.6M |
| Renaissance Technologies | 0.02% | Add +108.4% | 138,400 | $17.5M |
| D. E. Shaw & Co. | 0.01% | Add +754.1% | 135,278 | $17.1M |
| Alliancebernstein L.P. | 0.01% | Reduce -2.6% | 134,096 | $17.0M |
| Point72 Asset Management | 0.04% | New | 127,935 | $16.2M |
| Invesco Ltd. | 0.00% | Reduce -1.8% | 123,765 | $15.7M |
| Swiss National Bank | 0.01% | Add +1.5% | 118,400 | $15.0M |
| Sprucegrove Investment Management Ltd. | 1.16% | Reduce -9.6% | 113,630 | $14.4M |
| Ceredex Value Advisors LLC | 0.32% | Reduce -8.2% | 109,450 | $13.9M |
| Barclays PLC | 0.01% | Add +72.3% | 108,382 | $13.7M |
| AQR Capital Management | 0.01% | Reduce -33.0% | 107,959 | $13.7M |
| California Public Employees Retirement System | 0.01% | Add +1.2% | 105,770 | $13.4M |
| First National Bank of Omaha | 0.82% | Reduce -0.6% | 102,199 | $13.0M |
| Russell Investments Group, Ltd. | 0.01% | Reduce -2.8% | 99,370 | $12.6M |
| Legal & General Group Plc | 0.00% | Reduce -3.5% | 97,172 | $12.3M |
| M&T Bank Corp | 0.04% | Reduce -6.6% | 96,164 | $12.2M |
| Commonwealth Equity Services, LLC | 0.01% | Add +0.3% | 86,222 | $10.9M |
| Verition Fund Management LLC | 0.06% | Reduce -0.4% | 85,690 | $10.9M |
| Citadel Advisors | 0.01% | Add +171.1% | 77,619 | $9.8M |
| Nuveen, LLC | 0.00% | Reduce -1.3% | 77,104 | $9.8M |
| Rafferty Asset Management, LLC | 0.03% | Add +16.2% | 76,964 | $9.8M |
| New York State Teachers Retirement System | 0.02% | No change | 75,732 | $9.6M |
| Whittier Trust Co. | 0.10% | Add +1.5% | 66,727 | $8.4M |
| Martin Capital Partners, LLC | 3.24% | Reduce -1.6% | 65,969 | $8.4M |
| WealthPlan Investment Management, LLC | 0.52% | Reduce -1.7% | 61,989 | $7.9M |
| Cerity Partners LLC | 0.01% | Reduce -8.5% | 60,721 | $7.7M |
| Stifel Financial Corp. | 0.01% | Add +13.9% | 60,696 | $7.7M |
| LPL Financial LLC | 0.00% | Reduce -6.8% | 58,788 | $7.5M |
| Hilton Capital Management, LLC | 0.58% | Add +5.9% | 56,201 | $7.1M |
| California State Teachers Retirement System | 0.01% | Add +0.0% | 56,171 | $7.1M |
| Lawson Kroeker Investment Management Inc. | 1.25% | Reduce -0.0% | 53,959 | $6.8M |
| Greenfield Seitz Capital Management, LLC | 2.20% | Add +1.8% | 53,763 | $6.8M |
| Rowlandmiller & Partners.adv | 1.34% | Add +1.9% | 53,704 | $6.8M |
| Citigroup Inc. | 0.00% | Add +0.7% | 53,684 | $6.8M |
| Argent Trust Co | 0.24% | Add +3.0% | 53,511 | $6.8M |
| STRS Ohio | 0.02% | Add +0.0% | 51,522 | $6.5M |
| T. Rowe Price Associates Inc. | 0.00% | Add +6.7% | 49,254 | $6.2M |
| Franklin Resources Inc. | 0.00% | Reduce -9.7% | 49,019 | $6.2M |
| CANADA LIFE ASSURANCE Co | 0.01% | Add +1.7% | 48,735 | $6.2M |
| Oak Harvest Investment Services | 0.65% | Add +3.2% | 44,042 | $5.6M |
| Mairs & Power Inc. | 0.05% | Add +0.2% | 43,503 | $5.5M |
| Tudor Investment Corporation | 0.04% | Add +915.0% | 43,036 | $5.5M |
| Fifth Third Bancorp | 0.02% | Add +8.1% | 42,446 | $5.4M |
| American Century Companies Inc. | 0.00% | Add +7.1% | 41,189 | $5.2M |
| Truist Financial Corp. | 0.01% | Add +21.8% | 40,306 | $5.1M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Add +10.6% | 40,246 | $5.1M |
| First Merchants Corp. | 0.19% | Reduce -5.8% | 40,234 | $5.1M |
| Vest Financial, LLC | 0.07% | Add +19.1% | 39,521 | $5.0M |
| Cullen/Frost Bankers, Inc. | 0.06% | Add +62.0% | 38,734 | $4.9M |
| Abn Amro Investment Solutions | 0.10% | No change | 37,600 | $4.8M |
| HSBC Holdings PLC | 0.00% | Add +955.5% | 36,278 | $4.6M |
| Whittier Trust Co. of Nevada Inc. | 0.10% | Add +0.3% | 35,915 | $4.5M |
| CIBC Private Wealth Group LLC | 0.01% | Reduce -60.5% | 35,131 | $4.5M |
| Quantbot Technologies LP | 0.12% | New | 34,703 | $4.4M |
| Kempner Capital Management Inc. | 3.63% | Reduce -2.3% | 34,361 | $4.4M |
| Squarepoint Ops LLC | 0.01% | Add +74.6% | 34,097 | $4.3M |
| Glass Wealth Management Co LLC | 1.89% | Add +0.1% | 33,521 | $4.2M |
| MetLife Investment Management, LLC | 0.02% | Reduce -4.5% | 32,980 | $4.2M |
| HRT Financial LP | 0.02% | Add +641.7% | 32,582 | $4.1M |
| State Board of Administration of Florida Retirement System | 0.01% | Reduce -3.8% | 31,712 | $4.0M |
| BNP Paribas Financial Markets | 0.00% | Add +23.4% | 31,670 | $4.0M |
| Nisa Investment Advisors, LLC | 0.02% | Add +3.5% | 31,047 | $3.9M |
| Quantinno Capital Management LP | 0.01% | Add +8.2% | 30,909 | $3.9M |
| Schonfeld Strategic Advisors LLC | 0.03% | New | 30,645 | $3.9M |
| Mutual of America Capital Management LLC | 0.04% | Reduce -7.1% | 29,707 | $3.8M |
| PNC Financial Services Group, Inc. | 0.00% | Add +3.0% | 29,491 | $3.7M |
| Ameritas Investment Partners, Inc. | 0.11% | Add +1.7% | 29,386 | $3.7M |
| Amalgamated Bank | 0.03% | Reduce -0.1% | 29,046 | $3.7M |
| Lathrop Investment Management Co. | 0.68% | Reduce -16.9% | 28,964 | $3.7M |
| Susquehanna International Group, LLP | 0.01% | Reduce -5.9% | 28,246 | $3.6M |
| First National Advisers, LLC | 0.48% | Add +4.6% | 27,992 | $3.5M |
| Callahan Advisors, LLC | 0.29% | Add +1.9% | 26,997 | $3.4M |
| Treasurer of the State of North Carolina | 0.01% | Reduce -3.7% | 26,734 | $3.4M |
| Police & Firemen's Retirement System of New Jersey | 0.03% | Add +16.9% | 26,496 | $3.4M |
| State of Tennessee, Department of Treasury | 0.01% | No change | 26,334 | $3.3M |
| Watchman Group, Inc. | 0.80% | Reduce -1.9% | 26,029 | $3.3M |
| Brandywine Global Investment Management, LLC | 0.02% | Add +0.3% | 25,514 | $3.2M |
| Janney Montgomery Scott LLC | 0.01% | Add +3.0% | 25,086 | $3.2M |
| Comerica Bank | 0.01% | Reduce -4.5% | 24,865 | $3.2M |
| Orion Porfolio Solutions, LLC | 0.02% | Add +72.3% | 24,640 | $3.1M |
| WealthPLAN Partners, LLC | 0.46% | Reduce -5.6% | 24,394 | $3.1M |
| Aquatic Capital Management LLC | 0.06% | Reduce -13.4% | 24,363 | $3.1M |
| JB Capital LLC | 0.13% | Add +15.8% | 23,971 | $3.0M |
| Gabelli Funds LLC | 0.02% | No change | 23,200 | $2.9M |
| Tidal Investments LLC | 0.01% | Add +22.4% | 21,870 | $2.8M |
| Thrivent Financial for Lutherans | 0.01% | Reduce -23.8% | 20,574 | $2.6M |
| Yousif Capital Management, LLC | 0.03% | Reduce -6.4% | 20,253 | $2.6M |
| EFG Asset Management (North America) Corp. | 0.33% | Add +1.5% | 19,889 | $2.5M |
| Capital Fund Management S.A. | 0.02% | New | 19,615 | $2.5M |
| Voloridge Investment Management, LLC | 0.01% | Reduce -27.0% | 19,572 | $2.5M |
| Teachers Retirement System of the State of Kentucky | 0.02% | No change | 19,374 | $2.5M |
| Public Employees Retirement System of Ohio | 0.01% | Reduce -9.8% | 19,151 | $2.4M |
| Handelsbanken Fonder AB | 0.01% | Add +26.3% | 18,716 | $2.4M |
| SG Americas Securities, LLC | 0.01% | Add +1578.9% | 18,686 | $2.4M |
| Kestra Advisory Services, LLC | 0.01% | Add +589.8% | 18,473 | $2.3M |
| Arizona State Retirement System | 0.01% | Add +1.4% | 18,072 | $2.3M |
| Cardinal Capital Management | 0.32% | Add +1.2% | 18,036 | $2.3M |
| Louisiana State Employees Retirement System | 0.04% | Reduce -1.1% | 17,900 | $2.3M |
| Pathstone Holdings, LLC | 0.01% | Reduce -1.3% | 17,507 | $2.2M |
| Oddo BHF Asset Management Sas | 0.08% | Reduce -3.5% | 17,348 | $2.2M |
| Bessemer Group Inc. | 0.00% | Add +25.4% | 17,343 | $2.2M |
| Brevan Howard Capital Management LP | 0.03% | Add +43.7% | 17,075 | $2.2M |
| Corient Private Wealth LP | 0.00% | Reduce -0.1% | 16,863 | $2.1M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +1.0% | 16,851 | $2.1M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Reduce -0.1% | 16,509 | $2.1M |
| Bank of Montreal | 0.00% | Reduce -3.4% | 16,106 | $2.0M |
| Teacher Retirement System of Texas | 0.01% | Add +2.0% | 15,933 | $2.0M |
| Granite Investment Partners, LLC | 0.11% | New | 15,599 | $2.0M |
| State of Michigan Retirement System | 0.01% | Reduce -0.7% | 15,364 | $1.9M |
| &partners | 0.01% | Add +5.8% | 15,055 | $1.9M |
| Creative Planning | 0.00% | Reduce -0.4% | 14,991 | $1.9M |
| First American Bank | 0.12% | No change | 14,809 | $1.9M |
| Sanctuary Advisors, LLC | 0.01% | Reduce -3.1% | 14,494 | $1.8M |
| Trexquant Investment LP | 0.02% | Reduce -45.1% | 14,475 | $1.8M |
| HighTower Advisors, LLC | 0.00% | Add +9.9% | 14,462 | $1.8M |
| Summit Trail Advisors, LLC | 0.03% | Add +281.6% | 14,449 | $1.8M |
| Northwestern Mutual Investment Management Company, LLC | 0.03% | Reduce -0.1% | 14,338 | $1.8M |
| Cetera Investment Advisers | 0.00% | Add +62.9% | 14,113 | $1.8M |
| Neville Rodie & Shaw Inc. | 0.13% | No change | 13,974 | $1.8M |
| Diversified Trust Co. | 0.03% | Add +1.8% | 13,794 | $1.7M |
| New Mexico Educational Retirement Board | 0.05% | No change | 13,100 | $1.7M |
| Oregon Public Employees Retirement Fund | 0.02% | Reduce -1.6% | 12,981 | $1.6M |
| Atria Investments, Inc | 0.02% | Add +11.8% | 12,960 | $1.6M |
| Riverwater Partners LLC | 0.67% | Add +4.0% | 12,793 | $1.6M |
| KLP Kapitalforvaltning As | 0.01% | No change | 12,700 | $1.6M |
| Osaic Holdings, Inc. | 0.00% | Add +110.6% | 12,484 | $1.6M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +6.0% | 12,430 | $1.6M |
| Illinois Municipal Retirement Fund | 0.02% | Add +116.3% | 12,428 | $1.6M |
| New Age Alpha Advisors, LLC | 0.07% | Reduce -2.7% | 12,181 | $1.5M |
| Captrust Financial Advisors | 0.00% | Reduce -40.7% | 12,158 | $1.5M |
| Commerce Bank | 0.01% | Reduce -0.5% | 11,901 | $1.5M |
| South Dakota Investment Council | 0.03% | Reduce -32.4% | 11,885 | $1.5M |
| Jane Street Group, LLC | 0.00% | New | 11,583 | $1.5M |
| Carlson Capital, L.P. | 0.78% | New | 10,900 | $1.4M |
| Oppenheimer Asset Management Inc. | 0.02% | Add +37.5% | 10,886 | $1.4M |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +1.9% | 10,803 | $1.4M |
| Zurich Insurance Group Ltd | 0.01% | No change | 10,800 | $1.4M |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -38.4% | 10,471 | $1.3M |
| Man Group plc | 0.00% | New | 9,855 | $1.2M |
| Beck Bode, LLC | 0.20% | Reduce -17.3% | 9,830 | $1.2M |
| Anchor Investment Management, LLC | 0.10% | No change | 9,800 | $1.2M |
| Utah Retirement Systems | 0.01% | No change | 9,796 | $1.2M |
| Jones Financial Companies LLLP | 0.00% | Add +18.4% | 9,416 | $1.2M |
| Atom Investors LP | 0.09% | New | 9,551 | $1.2M |
| Johnson Investment Counsel Inc. | 0.01% | No change | 1,723 | $1.2M |
| First Manhattan Co. Llc. | 0.00% | Reduce -1.1% | 9,433 | $1.2M |
| Victory Capital Management Inc. | 0.00% | Reduce -20.2% | 9,405 | $1.2M |
| Eight 31 Financial, LLC | 0.66% | No change | 9,250 | $1.2M |
| Assetmark, Inc. | 0.00% | Add +23543.6% | 9,221 | $1.2M |
| Entropy Technologies, LP | 0.09% | New | 9,193 | $1.2M |
| Centennial Bank | 0.45% | Reduce -0.3% | 9,075 | $1.2M |
| Arax Advisory Partners | 0.02% | Add +4389.1% | 9,068 | $1.1M |
| 1900 Wealth Management LLC | 0.08% | Reduce -0.9% | 8,896 | $1.1M |
| M.E. Allison & Co., Inc. | 0.77% | No change | 8,734 | $1.1M |
| Hancock Whitney Corp. | 0.02% | Reduce -0.6% | 8,555 | $1.1M |
| Pacer Advisors, Inc. | 0.00% | New | 8,480 | $1.1M |
| Balyasny Asset Management L.P. | 0.00% | Add +1.4% | 8,322 | $1.1M |
| Stephens Inc. | 0.01% | Add +19.2% | 8,237 | $1.0M |
| Pictet Asset Management Holding SA | 0.00% | Reduce -10.3% | 8,159 | $1.0M |
| GAMMA Investing LLC | 0.06% | Add +1.4% | 8,049 | $1.0M |
| Sciencast Management LP | 0.19% | New | 7,983 | $1.0M |
| Allianz Asset Management GmbH | 0.00% | Add +2.4% | 7,636 | $968K |
| Tributary Capital Management, LLC | 0.09% | Reduce -17.4% | 7,586 | $962K |
| Carnegie Investment Counsel | 0.02% | No change | 7,465 | $946K |
| Coldstream Capital Management Inc. | 0.01% | Add +5.7% | 7,381 | $936K |
| Roehl & Yi Investment Advisors, LLC | 0.40% | Reduce -3.9% | 7,274 | $922K |
| Intech Investment Management LLC | 0.01% | New | 7,271 | $922K |
| 17 Capital Partners, LLC | 0.49% | No change | 7,110 | $901K |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Reduce -2.5% | 7,103 | $900K |
| Quadrant Capital Group LLC | 0.03% | Reduce -0.0% | 7,100 | $900K |
| Sigma Planning Corp | 0.03% | Add +0.8% | 7,089 | $899K |
| Xponance LLC | 0.01% | Reduce -0.9% | 6,930 | $879K |
| State of Alaska, Department of Revenue | 0.01% | Reduce -4.1% | 6,924 | $877K |
| Pathway Financial Advisers, LLC | 0.25% | New | 6,899 | $871K |
| Cary Street Partners Financial LLC | 0.02% | Add +15.8% | 6,852 | $869K |
| Mercer Global Advisors Inc. | 0.00% | Reduce -4.4% | 6,639 | $842K |
| Fuller & Thaler Asset Management, Inc. | 0.00% | Reduce -0.0% | 6,423 | $814K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Reduce -3.6% | 6,415 | $813K |
| Hussman Strategic Advisors, Inc. | 0.17% | New | 6,300 | $799K |
| Deutsche Bank AG | 0.00% | Add +21.5% | 6,297 | $798K |
| Prudential Financial Inc. | 0.00% | Reduce -3.8% | 6,275 | $795K |
| Sovran Advisors, LLC | 0.07% | Reduce -7.0% | 6,346 | $783K |
| Glenmede Investment Management, LP | 0.00% | Add +1.2% | 6,148 | $779K |
| MMBG Investment Advisors Co. | 0.07% | No change | 6,070 | $769K |
| J.W. Cole Advisors, Inc. | 0.01% | Reduce -0.1% | 5,916 | $750K |
| Fulton Bank, N.A. | 0.03% | Add +16.1% | 5,862 | $743K |
| State of Wisconsin Investment Board | 0.00% | Add +0.4% | 5,777 | $732K |
| Federated Hermes, Inc. | 0.00% | Reduce -4.3% | 5,746 | $728K |
| Burney Co./ | 0.02% | New | 5,695 | $722K |
| Voya Investment Management LLC | 0.00% | Reduce -23.6% | 5,583 | $708K |
| Choreo, LLC | 0.01% | Reduce -8.6% | 5,436 | $689K |
| Moody National Bank Trust Division | 0.06% | No change | 5,354 | $679K |
| Great Lakes Advisors, LLC | 0.01% | Reduce -5.8% | 5,333 | $676K |
| Benjamin Edwards Inc. | 0.01% | Add +19.1% | 5,325 | $675K |
| Jain Global LLC | 0.01% | New | 5,248 | $665K |
| Titleist Asset Management, LLC | 0.06% | Reduce -0.7% | 5,195 | $659K |
| Prime Capital Investment Advisors, LLC | 0.01% | Add +0.1% | 5,031 | $638K |
| First Citizens Bank & Trust Co. | 0.01% | Add +5.0% | 4,934 | $625K |
| Bradley Foster & Sargent Inc. | 0.01% | No change | 4,925 | $624K |
| Cannell & Spears LLC | 0.01% | No change | 4,845 | $614K |
| Fayez Sarofim & Co | 0.00% | Reduce -0.5% | 4,842 | $614K |
| Securian Asset Management, Inc. | 0.02% | Reduce -1.5% | 4,774 | $605K |
| Occudo Quantitative Strategies LP | 0.07% | New | 4,717 | $598K |
| Hilltop Holdings Inc. | 0.03% | Add +3.1% | 4,685 | $594K |
| O'shaughnessy Asset Management, LLC | 0.00% | Add +28.6% | 4,603 | $584K |
| Point72 (DIFC) Ltd | 0.04% | New | 4,559 | $578K |
| Vestcor Inc | 0.02% | New | 4,435 | $562K |
| MML Investors Services, LLC | 0.00% | Add +1.6% | 4,421 | $560K |
| Oppenheimer & Co. Inc. | 0.01% | Reduce -10.5% | 4,372 | $554K |
| Groesbeck Investment Management Corp. | 1.08% | Add +4.5% | 4,362 | $553K |
| Cwm, LLC | 0.00% | Reduce -12.1% | 4,332 | $549K |
| Pallas Capital Advisors LLC | 0.02% | Reduce -0.8% | 4,000 | $507K |
| US Bancorp \de | 0.00% | Add +2.8% | 3,990 | $506K |
| Federation des caisses Desjardins du Quebec | 0.00% | New | 3,957 | $502K |
| Park Avenue Securities LLC | 0.00% | Add +38.8% | 3,845 | $487K |
| Evergreen Capital Management LLC | 0.01% | Add +15.3% | 3,824 | $485K |
| Tanglewood Legacy Advisors, LLC | 0.19% | No change | 3,802 | $482K |
| Aspen Wealth Management LLC | 0.11% | Add +0.8% | 3,782 | $479K |
| Washington Capital Management, Inc. | 0.34% | No change | 3,700 | $469K |
| Sterling Capital Management LLC | 0.01% | Reduce -7.9% | 3,676 | $466K |
| Community Bank & Trust, Waco, Texas | 0.09% | No change | 3,600 | $456K |
| LCNB Corp. | 0.16% | Reduce -1.0% | 3,590 | $455K |
| Snowden Capital Advisors LLC | 0.01% | New | 3,555 | $451K |
| OneDigital Investment Advisors LLC | 0.00% | Add +35.7% | 3,498 | $443K |
| Symphony Financial, Ltd. Co. | 0.05% | Reduce -6.5% | 3,453 | $433K |
| Ethic Inc. | 0.01% | Reduce -5.9% | 3,314 | $420K |
| Fearless Solutions, LLC dba Best Invest | 0.27% | Reduce -3.0% | 3,290 | $417K |
| Private Advisor Group, LLC | 0.00% | Add +3.0% | 3,283 | $416K |
| First Dallas Securities Inc. | 0.16% | No change | 3,278 | $416K |
| Trust Point Inc. | 0.03% | Add +12.0% | 3,261 | $413K |
| Probity Advisors, Inc. | 0.07% | Reduce -6.0% | 3,161 | $401K |
| Bokf, NA | 0.01% | No change | 3,091 | $392K |
| Financial Gravity Asset Management, Inc. | 0.08% | — | 3,023 | $383K |
| Hodges Capital Management Inc. | 0.03% | Reduce -3.2% | 2,995 | $380K |
| Curi Capital, LLC | 0.01% | Add +0.8% | 2,934 | $372K |
| Beacon Financial Group | 0.04% | Reduce -0.3% | 2,924 | $371K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Reduce -40.7% | 2,920 | $370K |
| Swiss Life Asset Management Ltd | 0.00% | Add +80.8% | 2,849 | $361K |
| Maryland State Retirement & Pension System | 0.01% | No change | 2,748 | $348K |
| Venturi Wealth Management, LLC | 0.02% | Reduce -35.8% | 2,723 | $345K |
| Forum Financial Management, LP | 0.00% | Add +22.6% | 2,719 | $345K |
| Fruth Investment Management | 0.09% | No change | 2,600 | $329K |
| NewEdge Advisors, LLC | 0.00% | Reduce -1.2% | 2,562 | $325K |
| Rockefeller Capital Management L.P. | 0.00% | New | 2,556 | $324K |
| Marshall Wace, LLP | 0.00% | Reduce -23.9% | 2,538 | $322K |
| Icon Wealth Advisors, LLC | 0.02% | Add +6.7% | 2,531 | $321K |
| Kingswood Wealth Advisors, LLC | 0.02% | Add +6.0% | 2,530 | $321K |
| National Philanthropic Trust | 0.00% | Add +0.8% | 2,509 | $318K |
| Avidian Wealth Enterprises, LLC | 0.01% | Add +3.0% | 2,501 | $317K |
| Sanders Morris Harris LLC | 0.04% | No change | 2,500 | $317K |
| Shelton Capital Management | 0.01% | No change | 2,478 | $314K |
| Beacon Pointe Advisors, LLC | 0.00% | Reduce -15.4% | 2,427 | $308K |
| Everpar Advisors LLC | 0.12% | Reduce -7.3% | 2,386 | $302K |
| Profund Advisors LLC | 0.01% | Add +1.6% | 2,358 | $299K |
| Fifth Third Wealth Advisors LLC | 0.01% | Add +1.3% | 2,281 | $289K |
| Aster Capital Management (DIFC) Ltd | 0.14% | New | 2,255 | $286K |
| Tower Research Capital LLC (TRC) | 0.01% | Reduce -24.8% | 2,230 | $283K |
| Concurrent Investment Advisors, LLC | 0.00% | Reduce -47.9% | 2,227 | $282K |
| Y-Intercept (Hong Kong) Ltd | 0.01% | New | 2,190 | $278K |
| D.A. Davidson & Co. | 0.00% | New | 2,184 | $277K |
| Ballentine Partners, LLC | 0.00% | Add +0.5% | 2,177 | $276K |
| IFP Advisors, Inc | 0.01% | Add +86.3% | 2,168 | $275K |
| HB Wealth Management, LLC | 0.00% | Reduce -4.2% | 2,160 | $274K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -8.0% | 2,107 | $267K |
| Strategic Financial Concepts, LLC | 0.04% | Add +0.1% | 2,103 | $267K |
| Greenleaf Trust | 0.00% | Reduce -0.7% | 2,099 | $266K |
| CIBC Asset Management Inc | 0.00% | No change | 2,064 | $262K |
| GC Wealth Management RIA, LLC | 0.01% | New | 2,046 | $259K |
| Warwick Investment Management, Inc. | 0.04% | Reduce -2.7% | 2,023 | $256K |
| Qsemble Capital Management, LP | 0.02% | New | 2,006 | $254K |
| Princeton Capital Management LLC | 0.07% | No change | 2,000 | $254K |
| Personal Cfo Solutions, LLC | 0.04% | Reduce -3.0% | 1,973 | $250K |
| Keybank National Association | 0.00% | Reduce -6.9% | 1,972 | $250K |
| Round Rock Advisors LLC | 0.04% | New | 1,964 | $249K |
| Elk River Wealth Management LLC | 0.04% | No change | 1,963 | $249K |
| KBC Group NV | 0.00% | Add +15.1% | 1,955 | $248K |
| Enzi Wealth | 0.09% | Add +0.3% | 2,005 | $242K |
| Sather Financial Group Inc | 0.01% | Add +2.1% | 1,902 | $241K |
| Coastline Trust Co | 0.02% | No change | 1,815 | $230K |
| HighPoint Advisor Group LLC | 0.01% | New | 1,807 | $229K |
| New England Research & Management, Inc. | 0.10% | No change | 1,800 | $228K |
| RIA Advisory Group LLC | 0.06% | New | 1,793 | $227K |
| Prospera Financial Services Inc | 0.00% | No change | 1,789 | $227K |
| Rexford Capital Inc. | 0.17% | No change | 1,771 | $225K |
| DRW Securities, LLC | 0.01% | Reduce -44.5% | 1,771 | $224K |
| Keel Point, LLC | 0.01% | Reduce -8.7% | 1,760 | $223K |
| Argyle Capital Partners, LLC | 0.16% | No change | 1,730 | $219K |
| BOK Financial Private Wealth, Inc. | 0.01% | No change | 1,712 | $217K |
| Garrett Wealth Advisory Group, LLC | 0.04% | No change | 1,697 | $215K |
| Wedmont Private Capital | 0.01% | Add +6.2% | 1,687 | $215K |
| Jamison Private Wealth Management, Inc. | 0.03% | Reduce -3.9% | 1,692 | $215K |
| Bayforest Capital Ltd | 0.10% | New | 1,689 | $214K |
| Legacy Capital Wealth Partners, LLC | 0.05% | Add +0.5% | 1,686 | $214K |
| Phillips Wealth Planners LLC | 0.17% | Reduce -0.6% | 1,639 | $210K |
| Regions Financial Corp. | 0.00% | Reduce -6.0% | 1,625 | $206K |
| Catalyst Funds Management Pty Ltd | 0.03% | New | 1,600 | $203K |
| Guggenheim Capital LLC | 0.00% | Reduce -47.3% | 1,597 | $202K |
| AlphaQuest LLC | 0.01% | Add +42.7% | 1,544 | $196K |
| Hantz Financial Services, Inc. | 0.00% | Add +468.5% | 1,518 | $192K |
| Motco | 0.02% | No change | 1,397 | $177K |
| 1620 Investment Advisors, Inc. | 0.12% | Reduce -3.7% | 1,354 | $172K |
| CENTRAL TRUST Co | 0.00% | No change | 1,332 | $169K |
| Hamilton Capital Partners Inc. | 0.01% | Reduce -44.5% | 1,091 | $138K |
| Lanark Financial, Inc. | 0.01% | Add +34.2% | 1,080 | $137K |
| Atlantic Union Bankshares Corp | 0.00% | New | 1,050 | $133K |
| Smartleaf Asset Management LLC | 0.01% | Add +511.8% | 1,034 | $132K |
| Corsicana & Co. | 0.07% | — | 1,000 | $127K |
| LRI Investments, LLC | 0.01% | No change | 998 | $127K |
| Natixis | 0.00% | Reduce -3.5% | 916 | $116K |
| UMB Bank, n.a. | 0.00% | Add +20.2% | 915 | $116K |
| Allworth Financial LP | 0.00% | Add +153.5% | 730 | $93K |
| Reyes Financial Architecture, Inc. | 0.06% | Reduce -13.3% | 727 | $92K |
| SBI Securities Co., Ltd. | 0.00% | Reduce -8.3% | 627 | $79K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -1.1% | 624 | $79K |
| Signaturefd, LLC | 0.00% | Add +1.5% | 608 | $77K |
| CI Investments Inc. | 0.00% | Reduce -39.5% | 611 | $77K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -50.3% | 583 | $74K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Reduce -2.3% | 551 | $70K |
| American National Bank & Trust | 0.01% | No change | 550 | $70K |
| Spire Wealth Management | 0.00% | No change | 543 | $69K |
| State of Wyoming | 0.01% | Add +10.6% | 524 | $66K |
| Robinson Value Management, Ltd. | 0.04% | No change | 500 | $63K |
| Danske Bank A/S | 0.00% | Reduce -10.6% | 500 | $63K |
| Sunbelt Securities, Inc. | 0.00% | Reduce -58.0% | 492 | $62K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 460 | $58K |
| BI Asset Management Fondsmaeglerselskab A/S | 0.00% | No change | 452 | $57K |
| Cary Street Partners Investment Advisory LLC | 0.02% | No change | 424 | $54K |
| Huntington National Bank | 0.00% | Add +15.1% | 420 | $53K |
| Lummis Asset Management, LP | 0.03% | No change | 397 | $50K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.01% | New | 386 | $49K |
| Parallel Advisors, LLC | 0.00% | Add +2.4% | 379 | $48K |
| Geneos Wealth Management Inc. | 0.00% | Reduce -29.4% | 358 | $45K |
| Farther Finance Advisors, LLC | 0.00% | Add +105.2% | 355 | $45K |
| Principal Securities, Inc. | 0.00% | Add +6.3% | 354 | $45K |
| Point72 Europe (London) LLP | 0.00% | New | 349 | $44K |
| Arvest Investments, Inc. | 0.01% | Add +0.6% | 344 | $44K |
| Manchester Capital Management LLC | 0.01% | Reduce -69.8% | 339 | $43K |
| Clearstead Advisors, LLC | 0.00% | Reduce -85.8% | 318 | $40K |
| Parkside Financial Bank & Trust | 0.00% | Reduce -0.4% | 278 | $35K |
| Community Bank, N.A. | 0.00% | New | 276 | $35K |
| First PREMIER Bank | 0.01% | No change | 250 | $32K |
| MAI Capital Management | 0.00% | Reduce -38.9% | 240 | $30K |
| Quarry LP | 0.01% | Reduce -52.6% | 233 | $30K |
| Matrix Trust Co | 0.00% | Add +7.0% | 228 | $29K |
| GoalVest Advisory LLC | 0.01% | New | 224 | $28K |
| Advisory Services Network, LLC | 0.00% | New | 222 | $28K |
| True Wealth Design, LLC | 0.01% | No change | 218 | $28K |
| Alpine Bank Wealth Management | 0.00% | Reduce -3.6% | 213 | $27K |
| Root Financial Partners, LLC | 0.00% | New | 203 | $26K |
| Asset Dedication, LLC | 0.00% | No change | 166 | $21K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 165 | $21K |
| Barrow Hanley Mewhinney & Strauss LLC | 0.00% | No change | 162 | $21K |
| Darwin Wealth Management, LLC | 0.01% | Add +0.6% | 159 | $20K |
| Signature Resources Capital Management, LLC | 0.01% | No change | 152 | $19K |
| Pin Oak Investment Advisors Inc. | 0.01% | No change | 151 | $19K |
| Private Trust Co. NA | 0.00% | Reduce -10.7% | 150 | $19K |
| Covestor Ltd | 0.01% | Add +70.1% | 148 | $19K |
| Halbert Hargrove Global Advisors, LLC | 0.00% | New | 143 | $18K |
| Rise Advisors, LLC | 0.01% | Add +0.7% | 137 | $17K |
| Wealthspire Advisors, LLC | 0.00% | New | 132 | $17K |
| First Community Trust NA | 0.01% | No change | 125 | $16K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.00% | No change | 120 | $15K |
| Coston, McIsaac & Partners | 0.00% | No change | 115 | $14K |
| Essential Partners LLC | 0.00% | No change | 96 | $12K |
| Chilton Capital Management LLC | 0.00% | No change | 89 | $11K |
| LGT Financial Advisors LLC | 0.02% | Add +1.4% | 75 | $9K |
| Ameritas Advisory Services, LLC | 0.00% | Reduce -13.1% | 73 | $9K |
| Blue Trust, Inc. | 0.00% | No change | 73 | $9K |
| Salomon & Ludwin, LLC | 0.00% | New | 73 | $9K |
| Hemington Wealth Management | 0.00% | Reduce -4.0% | 71 | $9K |
| Albion Financial Group | 0.00% | No change | 64 | $8K |
| WPG Advisers, LLC | 0.01% | No change | 64 | $8K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 60 | $8K |
| Murphy & Mullick Capital Management Corp | 0.01% | No change | 61 | $8K |
| Farmers & Merchants Investments Inc. | 0.00% | Add +7.5% | 57 | $7K |
| Financial Management Professionals, Inc. | 0.00% | No change | 52 | $7K |
| Optiver Holding B.V. | 0.00% | Reduce -16.4% | 51 | $6K |
| Curat Global, LLC | 0.01% | No change | 50 | $6K |
| Versant Capital Management, Inc | 0.00% | No change | 50 | $6K |
| Brown Brothers Harriman & Co. | 0.00% | Reduce -41.2% | 50 | $6K |
| Park Place Capital Corp | 0.00% | Add +21.6% | 45 | $6K |
| JFS Wealth Advisors, LLC | 0.00% | Reduce -12.0% | 44 | $6K |
| Larson Financial Group LLC | 0.00% | Add +105.0% | 41 | $5K |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 38 | $5K |
| Montag A & Associates Inc. | 0.00% | No change | 37 | $5K |
| Sachetta, LLC | 0.00% | No change | 36 | $5K |
| Global Retirement Partners, LLC | 0.00% | No change | 35 | $4K |
| CNB Bank | 0.00% | No change | 34 | $4K |
| Bangor Savings Bank | 0.00% | No change | 34 | $4K |
| Dogwood Wealth Management LLC | 0.00% | No change | 33 | $4K |
| Bruce G. Allen Investments, LLC | 0.00% | No change | 32 | $4K |
| Steigerwald, Gordon & Koch Inc. | 0.00% | New | 30 | $4K |
| Activest Wealth Management | 0.00% | No change | 29 | $4K |
| Caldwell Trust Co | 0.00% | No change | 25 | $3K |
| Wealth Watch Advisors, INC | 0.00% | New | 23 | $3K |
| Fortitude Family Office, LLC | 0.00% | No change | 20 | $3K |
| Key Financial Inc | 0.00% | No change | 19 | $2K |
| Mather Group, Llc. | 0.00% | New | 18 | $2K |
| Cornerstone Planning Group LLC | 0.00% | No change | 18 | $2K |
| Creative Financial Designs Inc. | 0.00% | No change | 17 | $2K |
| Cape Investment Advisory, Inc. | 0.00% | New | 17 | $2K |
| Caitong International Asset Management Co., Ltd | 0.00% | New | 17 | $2K |
| Granite FO LLC | 0.00% | No change | 17 | $2K |
| AdvisorNet Financial, Inc | 0.00% | No change | 16 | $2K |
| CX Institutional | 0.00% | No change | 14 | $2K |
| SouthState Bank Corp | 0.00% | Reduce -39.1% | 14 | $2K |
| Colonial Trust Co / SC | 0.00% | No change | 13 | $2K |
| FSA Wealth Management LLC | 0.00% | No change | 13 | $2K |
| DiNuzzo Private Wealth, Inc. | 0.00% | No change | 12 | $2K |
| Bell Investment Advisors, Inc | 0.00% | No change | 12 | $2K |
| ROSS\JOHNSON & Associates LLC | 0.03% | No change | 12 | $2K |
| Cromwell Holdings LLC | 0.00% | No change | 10 | $1K |
| Cloud Capital Management, LLC | 0.00% | New | 14 | $1K |
| Kayne Anderson Rudnick Investment Management LLC | 0.00% | Reduce -60.0% | 6 | $771 |
| Rialto Wealth Management, LLC | 0.00% | Add +50.0% | 6 | $761 |
| SJS Investment Consulting Inc. | 0.00% | No change | 6 | $761 |
| Oakworth Capital, Inc. | 0.00% | No change | 6 | $761 |
| HFM Investment Advisors, LLC | 0.00% | No change | 5 | $634 |
| Bay Harbor Wealth Management, LLC | 0.00% | Add +66.7% | 5 | $633 |
| Bogart Wealth, LLC | 0.00% | No change | 4 | $507 |
| Highline Wealth Partners LLC | 0.00% | No change | 3 | $380 |
| Principia Wealth Advisory, LLC | 0.00% | No change | 2 | $254 |
| Tortoise Investment Management, LLC | 0.00% | Add +100.0% | 2 | $254 |
| Abound Wealth Management | 0.00% | Reduce -97.4% | 1 | $127 |
"% of holder's portfolio" is CFR's weight in each manager's 13F, not the share of Cullen/Frost Bankers Inc. the manager owns.