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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, Q3 2023

Institutional positions in Cullen/Frost Bankers, Inc. as of Sep 30, 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
382
+13 vs. Q2 2023
Shares held
51.9M
−1.41M (−2.6%) vs. Q2 2023
Total value
$4.74B
−$1.00B (−17.5%) vs. Q2 2023
New holders
46
120 more added
Sold out
33
147 more reduced

2 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2023: 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 holdersQ3 2023: 382 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 heldQ3 2023: $4.74B
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, Q3 2023

Shares, value and share of portfolio for each institution holding Cullen/Frost Bankers, Inc.; share changes are against Q2 2023.

Institutions holding CFR in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Aristotle Capital Management, LLC6,594,997$601.5M1.29%−82,521−1.2%Reduced
Vanguard Group Inc6,393,088$583.1M0.01%+3,683+0.1%Added
BlackRock Inc.5,700,658$520.0M0.01%+14,923+0.3%Added
State Street Corp3,745,805$341.7M0.02%−1,663,820−30.8%Reduced
Champlain Investment Partners, LLC2,154,377$196.5M1.28%+1,055,941+96.1%Added
King Luther Capital Management Corp2,040,689$186.1M0.97%−102,927−4.8%Reduced
Neuberger Berman Group LLC1,562,324$142.5M0.13%−12,035−0.8%Reduced
FMR LLC1,476,411$134.7M0.01%+88,042+6.3%Added
Bank of America Corp975,886$89.0M0.01%+51,701+5.6%Added
Geode Capital Management, LLC958,178$87.4M0.01%+36,403+3.9%Added
JPMorgan Chase & Co938,388$85.6M0.01%−279,833−23.0%Reduced
Janus Henderson Group PLC842,519$76.8M0.05%−145,509−14.7%Reduced
Principal Financial Group Inc828,407$75.6M0.05%−4,313−0.5%Reduced
Bank of New York Mellon Corp705,057$64.3M0.01%−30,589−4.2%Reduced
Dimensional Fund Advisors LP655,873$59.8M0.02%+108,813+19.9%Added
Montrusco Bolton Investments Inc.647,965$59.1M0.86%+72,458+12.6%Added
Northern Trust Corp618,171$56.4M0.01%−2790.0%Reduced
Norges Bank599,108$54.6M0.01%+7,274+1.2%Added
Goldman Sachs Group Inc554,206$50.5M0.01%+310,763+127.7%Added
Charles Schwab Investment Management Inc489,098$44.6M0.01%+15,046+3.2%Added
Morgan Stanley433,252$39.5M0.00%−144,062−25.0%Reduced
Wellington Management Group LLP413,378$37.7M0.01%−62,755−13.2%Reduced
Bartlett & Co. LLC375,243$34.2M0.61%−473−0.1%Reduced
Bartlett & Co. Wealth Management LLC375,243$34.2M0.61%−473−0.1%Reduced
Westwood Holdings Group Inc.355,898$32.5M0.30%+114,846+47.6%Added
SEI Investments Co314,657$28.7M0.05%+17,141+5.8%Added
ProShare Advisors LLC301,468$27.5M0.09%−13,217−4.2%Reduced
Invesco Ltd.297,436$27.1M0.01%+1,832+0.6%Added
Manufacturers Life Insurance Company, The295,345$26.9M0.02%−2,848−1.0%Reduced
Palisade Capital Management LLC293,357$26.8M0.75%+3,969+1.4%Added
Scopus Asset Management, L.P.217,994$26.7M1.01%−3,842−1.7%Reduced
Fuller & Thaler Asset Management, Inc.290,650$26.5M0.15%−4,631−1.6%Reduced
Royal Bank of Canada268,636$24.5M0.01%−10,379−3.7%Reduced
Nuance Investments, LLC253,679$23.1M0.57%−36,955−12.7%Reduced
Marshall Wace, LLP238,513$21.8M0.05%+24,093+11.2%Added
Jacobs Levy Equity Management, Inc235,312$21.5M0.13%+12,385+5.6%Added
Cullen/Frost Bankers, Inc.234,368$21.4M0.37%−1010.0%Reduced
TCTC Holdings, LLC219,090$20.0M0.77%+2,106+1.0%Added
Holocene Advisors, LP207,617$18.9M0.08%−174,312−45.6%Reduced
Raymond James & Associates203,802$18.6M0.02%+26,670+15.1%Added
Polaris Capital Management, LLC191,100$17.4M0.94%−73,000−27.6%Reduced
Rhumbline Advisers186,570$17.0M0.02%−3,319−1.7%Reduced
Millennium Management LLC182,789$16.7M0.02%+182,789New
Point72 Asset Management, L.P.166,937$15.2M0.05%+166,509+38,904.0%Added
Retirement Systems of Alabama164,863$15.0M0.07%−2,928−1.7%Reduced
Public Employees Retirement Association of Colorado153,791$14.0M0.07%+237+0.2%Added
Barclays PLC150,976$13.8M0.01%+43,910+41.0%Added
Sprucegrove Investment Management Ltd150,777$13.8M0.87%+32,361+27.3%Added
New York State Common Retirement Fund149,310$13.6M0.02%−9,330−5.9%Reduced
Swiss National Bank134,500$12.3M0.01%+1,400+1.1%Added
Ceredex Value Advisors LLC132,050$12.0M0.21%−5,550−4.0%Reduced
M&T Bank Corp124,015$11.3M0.05%−1,580−1.3%Reduced
Envestnet Asset Management Inc123,818$11.3M0.01%+27,546+28.6%Added
Citadel Advisors LLC116,537$10.6M0.01%−578,446−83.2%Reduced
Wells Fargo & Company115,168$10.5M0.00%−4,346−3.6%Reduced
First Trust Advisors LP112,617$10.3M0.01%+44,275+64.8%Added
California Public Employees Retirement System111,160$10.1M0.01%+820+0.7%Added
Nuveen Asset Management, LLC109,178$9.96M0.00%+2,157+2.0%Added
Mairs & Power Inc106,336$9.70M0.11%−8,957−7.8%Reduced
Russell Investments Group, Ltd.98,820$9.01M0.02%+29,523+42.6%Added
Qube Research & Technologies Ltd98,586$8.99M0.03%+98,586New
Two Sigma Investments, LP96,920$8.84M0.02%+40,821+72.8%Added
Legal & General Group Plc96,311$8.78M0.00%−2,151−2.2%Reduced
State of Tennessee, Treasury Department93,918$8.57M0.03%+58,785+167.3%Added
Lathrop Investment Management Corp93,127$8.49M1.83%−9,525−9.3%Reduced
Alliancebernstein L.P.91,403$8.34M0.00%−3,794−4.0%Reduced
Voloridge Investment Management, LLC90,647$8.27M0.04%+90,647New
American International Group, Inc.90,301$8.24M0.05%−6,786−7.0%Reduced
South Dakota Investment Council90,106$8.22M0.19%+7,924+9.6%Added
Ameriprise Financial Inc88,786$8.10M0.00%−34,855−28.2%Reduced
UBS Asset Management Americas Inc86,966$7.93M0.00%+684+0.8%Added
New York State Teachers Retirement System86,655$7.90M0.02%−300−0.3%Reduced
Abn Amro Investment Solutions84,100$7.67M0.15%−28,900−25.6%Reduced
Credit Suisse AG77,771$7.09M0.01%−2,714−3.4%Reduced
Rafferty Asset Management, LLC77,742$7.09M0.04%+5,362+7.4%Added
WealthPlan Investment Management, LLC77,053$7.03M1.24%+39,892+107.3%Added
Susquehanna International Group, LLP76,320$6.96M0.01%−17,224−18.4%Reduced
Brandywine Global Investment Management, LLC70,813$6.46M0.06%+1,504+2.2%Added
First National Bank of Omaha70,522$6.43M0.42%+2,411+3.5%Added
Cubist Systematic Strategies, LLC67,331$6.14M0.08%+62,334+1,247.4%Added
California State Teachers Retirement System67,276$6.14M0.01%−4,201−5.9%Reduced
State Board of Administration of Florida Retirement System63,454$5.79M0.01%−6,260−9.0%Reduced
WealthPLAN Partners, LLC59,388$5.42M0.63%+29,728+100.2%Added
Citigroup Inc58,890$5.37M0.01%+14,816+33.6%Added
Rowland & Co Investment Counsel56,172$5.12M1.26%−295−0.5%Reduced
Lawson Kroeker Investment Management Inc55,885$5.10M1.12%+105+0.2%Added
Texas Permanent School Fund54,435$4.97M0.05%−2,243−4.0%Reduced
Callahan Advisors, LLC52,809$4.82M0.61%+783+1.5%Added
Commonwealth Equity Services, LLC51,344$4.68M0.01%−2,079−3.9%Reduced
Kempner Capital Management Inc.51,026$4.65M2.80%−600−1.2%Reduced
STRS Ohio50,900$4.64M0.02%−19,000−27.2%Reduced
Tower Bridge Advisors49,515$4.52M0.42%+3,550+7.7%Added
Fifth Third Bancorp48,798$4.45M0.02%+342+0.7%Added
Argent Trust Co48,607$4.43M0.24%+500+1.0%Added
Terry L. Blaker48,280$4.40M0.39%−2,573−5.1%Reduced
Great West Life Assurance Co46,269$4.22M0.01%+1,309+2.9%Added
LPL Financial LLC44,669$4.07M0.00%−4,898−9.9%Reduced
Mutual of America Capital Management LLC41,601$3.79M0.05%−5,132−11.0%Reduced
Mitchell Capital Management Co40,636$3.71M0.88%−683−1.7%Reduced
Amalgamated Bank40,020$3.65M0.03%−1,162−2.8%Reduced