Cullen/Frost BankersCFR

13F holders, Q4 2025 (December 31)
529holders +49
65new positions
35sold out
7famous investors
$126.66avg. 13F price*

At the end of Q4 2025, 529 institutions reported holding Cullen/Frost Bankers Inc. (CFR) in their 13F filings, up 49 from Q3 2025. 65 opened new positions and 35 sold out. The largest holders were BlackRock, Inc. ($892.1M), Vanguard Group Inc. ($811.0M) and Aristotle Capital Management, LLC ($634.4M). 7 famous investors held it, including Ray Dalio (0.1% of Bridgewater Associates's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Cullen/Frost Bankers Inc.
CUSIP
229899109
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600 Q1 2024: 410Q1 2024Q2 2024: 398Q2 2024Q3 2024: 439Q3 2024Q4 2024: 458Q4 2024Q1 2025: 482Q1 2025Q2 2025: 482Q2 2025Q3 2025: 480Q3 2025Q4 2025: 529Q4 2025Q1 2026: 543Q1 2026Q2 2026: 572Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions65$70.0M
Exits35$28.9M

All 13F filers, Q3 2025 → Q4 2025: 3,072,830 shares bought and 4,640,511 shares sold, net −1,567,681 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 529 holders

BlackRock, Inc. 0.02% Add +13.7% 7,044,565 $892.1M
Vanguard Group Inc. 0.01% Reduce -1.3% 6,404,703 $811.0M
Aristotle Capital Management, LLC 1.27% Reduce -5.1% 5,010,178 $634.4M
State Street Corp. 0.01% Reduce -0.7% 3,351,607 $424.4M
King Luther Capital Management Corp. 0.69% Reduce -1.6% 1,332,319 $168.7M
Dimensional Fund Advisors LP 0.03% Add +9.0% 1,293,964 $163.9M
Geode Capital Management, LLC 0.01% Add +0.8% 1,224,265 $155.1M
Champlain Investment Partners, LLC 1.50% Reduce -30.9% 1,168,081 $147.9M
Bank of America Corp. 0.01% Reduce -4.1% 1,083,239 $137.2M
Boston Trust Walden Corp 1.00% Reduce -4.4% 1,043,754 $132.2M
Janus Henderson Group PLC 0.05% Reduce -8.6% 964,846 $122.2M
Northern Trust Corp. 0.02% Reduce -1.7% 949,039 $120.2M
Impax Asset Management Group plc 0.73% Reduce -0.5% 915,931 $116.0M
Neuberger Berman Group LLC 0.07% Reduce -44.0% 794,892 $100.7M
Westwood Holdings Group Inc. 0.81% Reduce -21.9% 778,429 $98.6M
First Trust Advisors LP 0.07% Add +5.5% 744,009 $94.2M
Vaughan Nelson Investment Management, L.P. 0.92% Reduce -11.1% 739,402 $93.6M
Goldman Sachs Group Inc. 0.01% Add +15.5% 735,724 $93.2M
Norges Bank 0.01% — 733,668 $92.9M
Principal Financial Group Inc. 0.04% Reduce -1.9% 688,652 $87.2M
JPMorgan Chase & Co. 0.01% Reduce -1.6% 661,772 $83.8M
Morgan Stanley 0.00% Add +34.6% 641,890 $81.3M
Manufacturers Life Insurance Company, The 0.07% Reduce -2.2% 622,544 $78.8M
Bank of New York Mellon Corp 0.01% Reduce -5.6% 539,713 $68.3M
Charles Schwab Investment Management Inc. 0.01% Reduce -0.3% 526,308 $66.6M
Sei Investments Co. 0.06% Reduce -11.2% 504,646 $63.9M
Royal Bank of Canada 0.01% Reduce -8.4% 407,100 $51.6M
Alberta Investment Management Corp 0.34% Add +21.2% 400,000 $50.7M
GW&K Investment Management, LLC 0.42% Reduce -4.2% 383,363 $48.5M
Natixis Advisors, LLC 0.07% Add +2.2% 373,373 $47.3M
Madison Asset Management, LLC 0.52% Reduce -5.4% 356,874 $45.2M
Two Sigma Investments, LP 0.06% Reduce -13.7% 322,868 $40.9M
Deprince Race & Zollo Inc. 0.78% Add +56.3% 322,128 $40.8M
FMR LLC 0.00% Reduce -76.2% 313,583 $39.7M
Fiera Capital Corp 0.12% Add +30.5% 306,448 $38.8M
Jacobs Levy Equity Management, Inc. 0.14% Reduce -3.7% 289,559 $36.7M
ProShare Advisors LLC 0.06% Add +3.7% 268,194 $34.0M
Millennium Management 0.03% Add +13.6% 265,937 $33.7M
UBS Group AG 0.01% Reduce -28.0% 251,636 $31.9M
Palisade Capital Management, LP 0.99% Reduce -10.8% 236,110 $29.9M
Envestnet Asset Management Inc. 0.01% Reduce -20.2% 220,289 $27.9M
TCTC Holdings, LLC 0.82% Reduce -0.1% 218,020 $27.6M
Polaris Capital Management, LLC 2.25% Reduce -13.5% 214,500 $27.2M
Two Sigma Advisers, LP 0.05% Add +5.6% 210,800 $26.7M
Public Employees Retirement Association of Colorado 0.09% No change 198,050 $25.1M
Bessemer Group Inc. 0.04% Add +976.7% 186,738 $23.6M
Arrowstreet Capital, Limited Partnership 0.01% Add +3.2% 185,264 $23.5M
Bartlett & Co. Wealth Management LLC 0.30% Reduce -46.6% 181,495 $23.0M
New York State Common Retirement Fund 0.03% Reduce -12.0% 166,431 $21.1M
Ameriprise Financial Inc. 0.00% Add +8.7% 165,987 $21.0M
Retirement Systems of Alabama 0.07% Reduce -0.6% 161,539 $20.5M
Rhumbline Advisers 0.02% Reduce -2.5% 158,911 $20.1M
Formuepleje A/S 1.20% Reduce -14.2% 158,326 $20.0M
Wells Fargo & Company 0.00% Reduce -2.0% 157,142 $19.9M
Bridgewater Associates 0.07% Add +10.8% 153,492 $19.4M
Raymond James Financial Inc. 0.01% Reduce -17.2% 150,098 $19.0M
Lido Advisors, LLC 0.08% Add +0.4% 149,882 $19.0M
D. E. Shaw & Co. 0.02% Add +9.9% 148,630 $18.8M
Citadel Advisors 0.01% Add +89.2% 146,842 $18.6M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -3.1% 140,188 $17.8M
Invesco Ltd. 0.00% Add +12.6% 139,371 $17.6M
Barclays PLC 0.01% Add +28.0% 138,691 $17.6M
Wellington Management Group LLP 0.00% Reduce -39.4% 134,356 $17.0M
Verition Fund Management LLC 0.09% Add +52.8% 130,944 $16.6M
Renaissance Technologies 0.03% Reduce -5.9% 130,200 $16.5M
Ceredex Value Advisors LLC 0.49% Add +16.9% 127,950 $16.2M
Swiss National Bank 0.01% Add +1.8% 120,500 $15.3M
AQR Capital Management 0.01% Add +5.0% 113,300 $14.3M
Campbell & CO Investment Adviser LLC 0.67% New 110,067 $13.9M
Trexquant Investment LP 0.12% Add +631.7% 105,908 $13.4M
California Public Employees Retirement System 0.01% Reduce -0.7% 105,087 $13.3M
Squarepoint Ops LLC 0.03% Add +200.5% 102,467 $13.0M
M&T Bank Corp 0.04% Add +0.2% 96,378 $12.2M
Russell Investments Group, Ltd. 0.01% Reduce -3.4% 96,013 $12.2M
Legal & General Group Plc 0.00% Reduce -5.3% 91,970 $11.6M
First National Bank of Omaha 0.33% Reduce -13.5% 88,389 $11.2M
Commonwealth Equity Services, LLC 0.01% Add +0.4% 86,587 $11.0M
Alliancebernstein L.P. 0.00% Reduce -40.6% 79,592 $10.1M
Nuveen, LLC 0.00% Add +0.5% 77,477 $9.8M
New York State Teachers Retirement System 0.02% Reduce -0.1% 75,632 $9.6M
Whittier Trust Co. 0.10% Add +0.1% 66,774 $9.0M
Martin Capital Partners, LLC 3.34% Add +6.3% 70,133 $8.9M
HSBC Holdings PLC 0.00% Add +85.7% 67,379 $8.6M
Rafferty Asset Management, LLC 0.03% Reduce -15.8% 64,815 $8.2M
Cerity Partners LLC 0.01% Add +4.6% 63,511 $8.0M
Stifel Financial Corp. 0.01% Add +3.8% 63,005 $8.0M
LPL Financial LLC 0.00% Add +6.7% 62,734 $7.9M
Hilton Capital Management, LLC 0.57% Add +6.1% 59,625 $7.6M
California State Teachers Retirement System 0.01% Add +2.9% 57,805 $7.3M
Jane Street Group, LLC 0.01% Add +377.8% 55,341 $7.0M
Citigroup Inc. 0.00% Add +1.7% 54,601 $6.9M
Lawson Kroeker Investment Management Inc. 2.03% Reduce -0.4% 53,723 $6.8M
Greenfield Seitz Capital Management, LLC 2.23% Reduce -0.1% 53,689 $6.8M
Rowlandmiller & Partners.adv 1.31% Reduce -0.1% 53,628 $6.8M
Argent Trust Co 0.23% Reduce -1.1% 52,893 $6.7M
T. Rowe Price Associates Inc. 0.00% Add +4.8% 51,593 $6.5M
Corient Private Wealth LP 0.01% Add +199.8% 50,560 $6.4M
Franklin Resources Inc. 0.00% Reduce -2.9% 47,608 $6.0M
Oak Harvest Investment Services 0.64% Add +4.6% 46,049 $5.8M
Vest Financial, LLC 0.07% Add +16.3% 45,963 $5.8M

"% of holder's portfolio" is CFR's weight in each manager's 13F, not the share of Cullen/Frost Bankers Inc. the manager owns.

Show all 529 holders