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Cullen/Frost Bankers, Inc.

CFR
Exchange
NYSE
Industry
National Commercial Banks
SEC CIK
0000039263

No open-market purchases or sales by Cullen/Frost Bankers, Inc. insiders were filed in the last 90 days; 572 institutions reported holding it in 13F filings for Q2 2026, worth $8.83B in total; no superinvestor holds it.

Other share classesCFR.PB

13F holders, Q1 2023

Institutional positions in Cullen/Frost Bankers, Inc. as of Mar 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
412
−40 vs. Q4 2022
Shares held
52.9M
+437.3K (+0.8%) vs. Q4 2022
Total value
$5.60B
−$1.42B (−20.2%) vs. Q4 2022
New holders
57
148 more added
Sold out
97
138 more reduced

3 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CFR on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2023: 412 institutions
Q1 2021: 320 institutionsQ2 2021: 328 institutionsQ3 2021: 332 institutionsQ4 2021: 372 institutionsQ1 2022: 383 institutionsQ2 2022: 408 institutionsQ3 2022: 417 institutionsQ4 2022: 455 institutionsQ1 2023: 412 institutionsQ2 2023: 371 institutionsQ3 2023: 382 institutionsQ4 2023: 408 institutionsQ1 2024: 410 institutionsQ2 2024: 398 institutionsQ3 2024: 440 institutionsQ4 2024: 458 institutionsQ1 2025: 482 institutionsQ2 2025: 481 institutionsQ3 2025: 480 institutionsQ4 2025: 529 institutionsQ1 2026: 543 institutionsQ2 2026: 572 institutions
Value heldQ1 2023: $5.60B
Q1 2021: $5.67BQ2 2021: $5.86BQ3 2021: $6.31BQ4 2021: $6.61BQ1 2022: $7.26BQ2 2022: $5.92BQ3 2022: $7.05BQ4 2022: $7.03BQ1 2023: $5.60BQ2 2023: $5.75BQ3 2023: $4.74BQ4 2023: $5.67BQ1 2024: $5.82BQ2 2024: $5.32BQ3 2024: $6.27BQ4 2024: $7.46BQ1 2025: $6.76BQ2 2025: $6.95BQ3 2025: $7.08BQ4 2025: $6.97BQ1 2026: $7.54BQ2 2026: $8.83B
Institutions holding CFR and their total value by quarter
QuarterHoldersValue
Q2 2026572$8.83B
Q1 2026543$7.54B
Q4 2025529$6.97B
Q3 2025480$7.08B
Q2 2025481$6.95B
Q1 2025482$6.76B
Q4 2024458$7.46B
Q3 2024440$6.27B
Q2 2024398$5.32B
Q1 2024410$5.82B
Q4 2023408$5.67B
Q3 2023382$4.74B
Q2 2023371$5.75B
Q1 2023412$5.60B
Q4 2022455$7.03B
Q3 2022417$7.05B
Q2 2022408$5.92B
Q1 2022383$7.26B
Q4 2021372$6.61B
Q3 2021332$6.31B
Q2 2021328$5.86B
Q1 2021320$5.67B

Institutions, Q1 2023

Shares, value and share of portfolio for each institution holding Cullen/Frost Bankers, Inc.; share changes are against Q4 2022.

Institutions holding CFR in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Aristotle Capital Management, LLC6,813,602$717.7M1.50%−81,441−1.2%Reduced
Vanguard Group Inc6,442,612$678.7M0.02%+47,727+0.7%Added
BlackRock Inc.5,818,308$612.9M0.02%+97,073+1.7%Added
State Street Corp4,481,205$472.1M0.03%+596,591+15.4%Added
King Luther Capital Management Corp2,124,533$223.8M1.18%−27,887−1.3%Reduced
Neuberger Berman Group LLC1,629,457$171.6M0.16%−29,512−1.8%Reduced
FMR LLC1,428,915$150.5M0.01%−21,324−1.5%Reduced
Janus Henderson Group PLC1,372,950$144.6M0.10%+122,118+9.8%Added
JPMorgan Chase & Co1,027,531$108.2M0.01%+316,556+44.5%Added
Bank of America Corp957,033$100.8M0.01%+17,211+1.8%Added
Geode Capital Management, LLC878,965$92.6M0.01%+31,723+3.7%Added
Champlain Investment Partners, LLC847,336$89.3M0.56%+205,435+32.0%Added
Bank of New York Mellon Corp707,120$74.5M0.02%−51,937−6.8%Reduced
Principal Financial Group Inc671,208$70.7M0.05%+23,010+3.5%Added
Norges Bank644,639$67.9M0.01%+37,098+6.1%Added
Northern Trust Corp624,474$65.8M0.01%+15,182+2.5%Added
Ceredex Value Advisors LLC615,414$64.8M1.01%+521,000+551.8%Added
Montrusco Bolton Investments Inc.567,517$59.8M1.24%+215,892+61.4%Added
Morgan Stanley558,410$58.8M0.01%+170,507+44.0%Added
Dimensional Fund Advisors LP524,938$55.3M0.02%+10,886+2.1%Added
Scopus Asset Management, L.P.312,500$49.8M1.86%−110,500−26.1%Reduced
Charles Schwab Investment Management Inc469,938$49.5M0.02%+7,710+1.7%Added
Holocene Advisors, LP425,463$44.8M0.22%+304,396+251.4%Added
Ardevora Asset Management LLP401,902$42.3M0.76%+101,876+34.0%Added
Invesco Ltd.398,790$42.0M0.01%+112,865+39.5%Added
Wellington Management Group LLP393,572$41.5M0.01%+64,590+19.6%Added
Manufacturers Life Insurance Company, The304,956$32.1M0.02%−3,814−1.2%Reduced
Westfield Capital Management Co LP302,082$31.8M0.22%−108,507−26.4%Reduced
SEI Investments Co295,185$31.1M0.06%+5,636+1.9%Added
Fuller & Thaler Asset Management, Inc.282,240$29.7M0.17%+282,240New
Capital Research Global Investors277,221$29.2M0.01%−1,302,721−82.5%Reduced
Palisade Capital Management LLC275,685$29.0M0.78%+3,860+1.4%Added
Royal Bank of Canada274,784$28.9M0.01%−44,235−13.9%Reduced
Bartlett & Co. Wealth Management LLC259,033$27.3M0.53%+125,308+93.7%Added
Bartlett & Co. LLC259,033$27.3M0.53%+125,308+93.7%Added
ProShare Advisors LLC254,139$26.8M0.08%+14,655+6.1%Added
Goldman Sachs Group Inc252,886$26.6M0.01%−188,274−42.7%Reduced
Cullen/Frost Bankers, Inc.239,563$25.2M0.46%−480−0.2%Reduced
Jacobs Levy Equity Management, Inc229,976$24.2M0.15%+6,927+3.1%Added
Millennium Management LLC224,012$23.6M0.03%−228,472−50.5%Reduced
TCTC Holdings, LLC217,274$22.9M0.92%+11,163+5.4%Added
Rhumbline Advisers185,600$19.6M0.02%−1,851−1.0%Reduced
Retirement Systems of Alabama174,094$18.3M0.08%+1,646+1.0%Added
D. E. Shaw & Co., Inc.152,140$16.0M0.03%+150,579+9,646.3%Added
Raymond James & Associates144,901$15.3M0.01%+16,906+13.2%Added
Abn Amro Investment Solutions141,000$14.9M0.31%+141,000New
Ameriprise Financial Inc131,956$13.9M0.00%+15,716+13.5%Added
Swiss National Bank131,800$13.9M0.01%−15,300−10.4%Reduced
New York State Common Retirement Fund128,774$13.6M0.02%−2,127−1.6%Reduced
Point72 Asset Management, L.P.126,470$13.3M0.05%+126,042+29,449.1%Added
Two Sigma Investments, LP125,156$13.2M0.04%+125,156New
M&T Bank Corp124,749$13.1M0.05%−3,471−2.7%Reduced
Westwood Holdings Group Inc.123,187$13.0M0.12%+7,180+6.2%Added
Public Employees Retirement Association of Colorado123,110$13.0M0.07%−50,739−29.2%Reduced
Susquehanna International Group, LLP122,995$13.0M0.02%+85,832+231.0%Added
Walleye Capital LLC122,963$13.0M0.26%+26,637+27.7%Added
California Public Employees Retirement System119,006$12.5M0.01%−21,563−15.3%Reduced
Mairs & Power Inc118,907$12.5M0.14%−4,095−3.3%Reduced
Sprucegrove Investment Management Ltd117,700$12.4M0.67%+5,300+4.7%Added
Hodges Capital Management Inc.76,220$12.0M0.98%+74,106+3,505.5%Added
Lathrop Investment Management Corp109,956$11.6M2.46%−1,393−1.3%Reduced
Legal & General Group Plc108,828$11.5M0.00%+4,691+4.5%Added
Nuveen Asset Management, LLC108,325$11.4M0.00%−27,015−20.0%Reduced
Nuance Investments, LLC104,288$11.0M0.23%+104,288New
Citadel Advisors LLC101,128$10.7M0.01%−72,317−41.7%Reduced
American International Group, Inc.99,246$10.5M0.07%−835−0.8%Reduced
Wells Fargo & Company96,347$10.1M0.00%−17,112−15.1%Reduced
Alliancebernstein L.P.94,439$9.95M0.00%−1,934−2.0%Reduced
Voya Investment Management LLC91,459$9.63M0.01%−2,976−3.2%Reduced
Envestnet Asset Management Inc88,815$9.36M0.00%−26,481−23.0%Reduced
New York State Teachers Retirement System87,055$9.17M0.02%00.0%Unchanged
UBS Asset Management Americas Inc86,282$9.09M0.00%−1,267−1.4%Reduced
South Dakota Investment Council84,290$8.88M0.19%+84,290New
Deutsche Bank AG79,923$8.42M0.00%+74,842+1,473.0%Added
Gillson Capital LP76,652$8.07M0.67%−55,750−42.1%Reduced
California State Teachers Retirement System75,495$7.95M0.01%−944−1.2%Reduced
WealthPlan Investment Management, LLC71,033$7.48M1.29%−43,371−37.9%Reduced
Ergoteles LLC69,788$7.35M0.29%+69,788New
First National Bank of Omaha67,918$7.15M0.43%+8,792+14.9%Added
Qube Research & Technologies Ltd65,652$6.92M0.04%−50,897−43.7%Reduced
Voloridge Investment Management, LLC65,418$6.89M0.03%−6,764−9.4%Reduced
Russell Investments Group, Ltd.64,047$6.75M0.01%+1,926+3.1%Added
Credit Suisse AG61,525$6.48M0.01%+1,796+3.0%Added
ExodusPoint Capital Management, LP61,478$6.48M0.07%+14,034+29.6%Added
Texas Permanent School Fund57,718$6.08M0.06%+14,491+33.5%Added
Rowland & Co Investment Counsel57,639$6.07M1.48%+330+0.6%Added
Brookfield Asset Management Inc.56,213$5.92M0.02%−1,524−2.6%Reduced
State Board of Administration of Florida Retirement System54,980$5.79M0.01%−964−1.7%Reduced
Rafferty Asset Management, LLC54,472$5.74M0.04%+39,331+259.8%Added
WealthPLAN Partners, LLC54,382$5.73M0.65%−63,083−53.7%Reduced
Marshall Wace, LLP54,162$5.71M0.01%+51,753+2,148.3%Added
Lawson Kroeker Investment Management Inc53,460$5.63M1.26%+247+0.5%Added
Kempner Capital Management Inc.53,306$5.62M3.28%00.0%Unchanged
Teachers Retirement System of the State of Kentucky51,921$5.47M0.05%+5,152+11.0%Added
Mutual of America Capital Management LLC51,686$5.44M0.06%−1,035−2.0%Reduced
Commonwealth Equity Services, LLC50,734$5.34M0.01%+5,893+13.1%Added
Great West Life Assurance Co50,144$5.29M0.01%−1,158−2.3%Reduced
Barclays PLC50,018$5.27M0.01%+16,976+51.4%Added
Fifth Third Bancorp48,583$5.12M0.02%+12,705+35.4%Added
Argent Trust Co46,700$4.92M0.31%−10.0%Reduced