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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
Riverwater Partners LLC8,741$797.3K0.72%−2,954−25.3%Reduced
CIBC Private Wealth Group, LLC8,982$819.2K0.00%+4,357+94.2%Added
Fox Run Management, L.L.C.9,150$834.6K0.25%+6,096+199.6%Added
AQR Capital Management LLC9,307$848.9K0.00%+5,233+128.4%Added
National Bank of Canada9,719$862.0K0.00%+6,474+199.5%Added
Monticello Wealth Management, LLC9,503$866.8K0.09%+11+0.1%Added
Quadrature Capital Ltd9,687$883.6K0.02%−5,199−34.9%Reduced
Anchor Investment Management, LLC9,850$898.4K0.12%−54−0.5%Reduced
Sigma Planning Corp9,893$902.4K0.03%+3,019+43.9%Added
CI Private Wealth, LLC9,927$905.5K0.00%+2,223+28.9%Added
FORA Capital, LLC10,152$926.0K0.08%+10,152New
Centennial Bank10,176$928.2K0.64%+1,426+16.3%Added
Utah Retirement Systems10,196$930.0K0.01%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)10,213$931.5K0.00%+2,264+28.5%Added
Cardinal Capital Management10,329$942.1K0.19%+357+3.6%Added
Diversified Trust Co10,444$952.6K0.04%+4,928+89.3%Added
Natixis10,500$957.7K0.01%−35,000−76.9%Reduced
CWM Advisors, LLC10,578$964.8K0.12%+1,374+14.9%Added
Comerica Securities,inc.10,762$981.6K0.08%+10,762New
Handelsbanken Fonder AB10,916$996.0K0.01%00.0%Unchanged
Atria Investments LLC11,136$1.02M0.02%−1,232−10.0%Reduced
Victory Capital Management Inc11,461$1.05M0.00%+940+8.9%Added
HighTower Advisors, LLC11,437$1.05M0.00%+1,269+12.5%Added
VELA Investment Management, LLC11,575$1.06M0.46%−14,003−54.7%Reduced
Ardevora Asset Management LLP11,725$1.07M0.05%−279,596−96.0%Reduced
Dark Forest Capital Management LP12,209$1.11M0.09%+12,209New
Natixis Advisors, L.P.12,289$1.12M0.00%−3,274−21.0%Reduced
Janney Montgomery Scott LLC12,415$1.13M0.00%−268−2.1%Reduced
First Manhattan Co12,674$1.16M0.00%−2,275−15.2%Reduced
Commerce Bank12,919$1.18M0.01%−18−0.1%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys12,985$1.18M0.01%−18,145−58.3%Reduced
New Mexico Educational Retirement Board13,100$1.20M0.05%00.0%Unchanged
Numerai GP LLC13,225$1.21M0.40%+13,225New
Neville Rodie & Shaw Inc14,049$1.28M0.11%00.0%Unchanged
Advisor Group Holdings, Inc.14,110$1.29M0.00%+3,471+32.6%Added
Northwestern Mutual Investment Management Company, LLC14,221$1.30M0.04%−91−0.6%Reduced
HSBC Holdings PLC14,141$1.30M0.00%+14,141New
First American Bank14,852$1.35M0.12%+140+1.0%Added
State of Michigan Retirement System15,364$1.40M0.01%−500−3.2%Reduced
Oppenheimer & Co Inc17,127$1.56M0.03%+1,252+7.9%Added
Jane Street Group, LLC17,367$1.58M0.00%−2,818−14.0%Reduced
Arizona State Retirement System17,419$1.59M0.01%+241+1.4%Added
HRT Financial LP17,658$1.61M0.02%+17,658New
Connor, Clark & Lunn Investment Management Ltd.17,844$1.63M0.01%+17,844New
Teacher Retirement System of Texas17,952$1.64M0.01%+793+4.6%Added
Oregon Public Employees Retirement Fund18,031$1.64M0.02%−600−3.2%Reduced
Louisiana State Employees Retirement System18,200$1.66M0.04%−600−3.2%Reduced
ExodusPoint Capital Management, LP18,208$1.66M0.02%+10,373+132.4%Added
Truist Financial Corp19,681$1.80M0.00%−1,816−8.4%Reduced
American Century Companies Inc19,796$1.81M0.00%+5,378+37.3%Added
Bank of Montreal19,127$1.84M0.00%+2,352+14.0%Added
Captrust Financial Advisors20,504$1.87M0.01%+5,518+36.8%Added
SG Americas Securities, LLC20,657$1.88M0.03%+9,950+92.9%Added
D. E. Shaw & Co., Inc.21,399$1.95M0.00%−28,823−57.4%Reduced
BNP Paribas Arbitrage, SA21,777$1.99M0.00%+11,525+112.4%Added
Teachers Retirement System of the State of Kentucky21,924$2.00M0.02%−42,161−65.8%Reduced
First Republic Investment Management, Inc.22,231$2.03M0.01%−545−2.4%Reduced
Gabelli Funds LLC23,500$2.14M0.02%00.0%Unchanged
Two Sigma Advisers, LP23,800$2.17M0.01%+23,800New
Schonfeld Strategic Advisors LLC23,941$2.18M0.02%−204,256−89.5%Reduced
Davis R M Inc24,236$2.21M0.06%−7,084−22.6%Reduced
Ensign Peak Advisors, Inc24,363$2.22M0.00%+5,344+28.1%Added
Public Employees Retirement System of Ohio24,681$2.25M0.01%−2,626−9.6%Reduced
Squarepoint Ops LLC25,770$2.35M0.01%+12,090+88.4%Added
Treasurer of the State of North Carolina25,995$2.37M0.01%+130+0.5%Added
Duality Advisers, LP28,387$2.59M0.31%+26,316+1,270.7%Added
State of New Jersey Common Pension Fund D28,446$2.59M0.01%00.0%Unchanged
UBS Group AG29,583$2.70M0.00%+23,097+356.1%Added
Yousif Capital Management, LLC29,793$2.72M0.03%−1,855−5.9%Reduced
The PNC Financial Services Group, Inc.30,338$2.77M0.00%−5,734−15.9%Reduced
Stifel Financial Corp30,375$2.77M0.00%+7,313+31.7%Added
Algert Global LLC31,158$2.84M0.13%+7,630+32.4%Added
Agf Management Ltd31,375$2.86M0.02%−1,389−4.2%Reduced
Ameritas Investment Partners, Inc.31,465$2.87M0.11%−5,477−14.8%Reduced
Hilton Capital Management, LLC31,645$2.89M0.38%−551−1.7%Reduced
Price T Rowe Associates Inc32,865$3.00M0.00%+1,337+4.2%Added
Thrivent Financial for Lutherans33,850$3.09M0.01%−1,436−4.1%Reduced
Martin Capital Partners, LLC34,035$3.10M1.31%−1,340−3.8%Reduced
Fourthstone LLC34,900$3.18M0.72%+34,900New
Comerica Bank36,123$3.29M0.02%−17,678−32.9%Reduced
Nisa Investment Advisors, LLC36,475$3.33M0.03%−740−2.0%Reduced
MetLife Investment Management36,650$3.34M0.03%−1,840−4.8%Reduced
Amalgamated Bank40,020$3.65M0.03%−1,162−2.8%Reduced
Mitchell Capital Management Co40,636$3.71M0.88%−683−1.7%Reduced
Mutual of America Capital Management LLC41,601$3.79M0.05%−5,132−11.0%Reduced
LPL Financial LLC44,669$4.07M0.00%−4,898−9.9%Reduced
Great West Life Assurance Co46,269$4.22M0.01%+1,309+2.9%Added
Terry L. Blaker48,280$4.40M0.39%−2,573−5.1%Reduced
Argent Trust Co48,607$4.43M0.24%+500+1.0%Added
Fifth Third Bancorp48,798$4.45M0.02%+342+0.7%Added
Tower Bridge Advisors49,515$4.52M0.42%+3,550+7.7%Added
STRS Ohio50,900$4.64M0.02%−19,000−27.2%Reduced
Kempner Capital Management Inc.51,026$4.65M2.80%−600−1.2%Reduced
Commonwealth Equity Services, LLC51,344$4.68M0.01%−2,079−3.9%Reduced
Callahan Advisors, LLC52,809$4.82M0.61%+783+1.5%Added
Texas Permanent School Fund54,435$4.97M0.05%−2,243−4.0%Reduced
Lawson Kroeker Investment Management Inc55,885$5.10M1.12%+105+0.2%Added
Rowland & Co Investment Counsel56,172$5.12M1.26%−295−0.5%Reduced
Citigroup Inc58,890$5.37M0.01%+14,816+33.6%Added
WealthPLAN Partners, LLC59,388$5.42M0.63%+29,728+100.2%Added