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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, Q4 2023

Institutional positions in Cullen/Frost Bankers, Inc. as of Dec 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
408
+31 vs. Q3 2023
Shares held
52.3M
+395.4K (+0.8%) vs. Q3 2023
Total value
$5.67B
+$934.4M (+19.7%) vs. Q3 2023
New holders
77
146 more added
Sold out
46
123 more reduced

5 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2023: 408 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 heldQ4 2023: $5.67B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Cullen/Frost Bankers, Inc.; share changes are against Q3 2023.

Institutions holding CFR in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc6,412,843$695.7M0.02%+19,755+0.3%Added
Aristotle Capital Management, LLC6,242,873$677.3M1.33%−352,124−5.3%Reduced
BlackRock Inc.5,851,996$634.9M0.02%+151,338+2.7%Added
State Street Corp4,006,644$434.7M0.02%+260,839+7.0%Added
Champlain Investment Partners, LLC2,697,271$292.6M1.73%+542,894+25.2%Added
King Luther Capital Management Corp1,894,868$205.6M0.99%−145,821−7.1%Reduced
Neuberger Berman Group LLC1,562,297$169.5M0.15%−270.0%Reduced
FMR LLC1,513,928$164.2M0.01%+37,517+2.5%Added
Bank of America Corp1,074,732$116.6M0.01%+98,846+10.1%Added
Geode Capital Management, LLC990,404$107.5M0.01%+32,226+3.4%Added
JPMorgan Chase & Co967,609$105.0M0.01%+29,221+3.1%Added
Janus Henderson Group PLC859,979$93.3M0.06%+17,460+2.1%Added
Principal Financial Group Inc808,206$87.7M0.06%−20,201−2.4%Reduced
Goldman Sachs Group Inc798,403$86.6M0.02%+244,197+44.1%Added
Dimensional Fund Advisors LP787,599$85.5M0.02%+131,726+20.1%Added
Bank of New York Mellon Corp677,151$73.5M0.01%−27,906−4.0%Reduced
Norges Bank669,439$72.6M0.01%+70,331+11.7%Added
Montrusco Bolton Investments Inc.656,454$71.2M0.88%+8,489+1.3%Added
Northern Trust Corp620,671$67.3M0.01%+2,500+0.4%Added
Charles Schwab Investment Management Inc521,139$56.5M0.01%+32,041+6.6%Added
Bartlett & Co. Wealth Management LLC371,769$40.8M0.66%−3,474−0.9%Reduced
Bartlett & Co. LLC371,769$40.8M0.66%−3,474−0.9%Reduced
Westwood Holdings Group Inc.371,879$40.3M0.34%+15,981+4.5%Added
Wellington Management Group LLP365,601$39.7M0.01%−47,777−11.6%Reduced
Polaris Capital Management, LLC359,100$39.0M1.88%+168,000+87.9%Added
ProShare Advisors LLC349,049$37.9M0.12%+47,581+15.8%Added
Morgan Stanley342,852$37.2M0.00%−90,400−20.9%Reduced
Invesco Ltd.338,019$36.7M0.01%+40,583+13.6%Added
SEI Investments Co326,112$35.4M0.06%+11,455+3.6%Added
Jacobs Levy Equity Management, Inc298,536$32.4M0.16%+63,224+26.9%Added
Manufacturers Life Insurance Company, The283,882$30.8M0.02%−11,463−3.9%Reduced
Royal Bank of Canada272,365$29.6M0.01%+3,729+1.4%Added
Palisade Capital Management LLC270,827$29.4M0.78%−22,530−7.7%Reduced
Millennium Management LLC248,355$26.9M0.03%+65,566+35.9%Added
Marshall Wace, LLP221,246$24.0M0.05%−17,267−7.2%Reduced
TCTC Holdings, LLC218,460$23.7M0.86%−630−0.3%Reduced
Schonfeld Strategic Advisors LLC184,320$20.0M0.16%+160,379+669.9%Added
Rhumbline Advisers181,471$19.7M0.02%−5,099−2.7%Reduced
Raymond James & Associates178,306$19.3M0.01%−25,496−12.5%Reduced
New York State Common Retirement Fund173,023$18.8M0.03%+23,713+15.9%Added
Retirement Systems of Alabama165,016$17.9M0.08%+153+0.1%Added
Fuller & Thaler Asset Management, Inc.159,241$17.3M0.09%−131,409−45.2%Reduced
Barclays PLC154,693$16.8M0.01%+3,717+2.5%Added
Sprucegrove Investment Management Ltd153,877$16.7M0.72%+3,100+2.1%Added
Public Employees Retirement Association of Colorado153,051$16.6M0.08%−740−0.5%Reduced
Ceredex Value Advisors LLC146,848$15.9M0.28%+14,798+11.2%Added
Wells Fargo & Company129,721$14.1M0.00%+14,553+12.6%Added
Envestnet Asset Management Inc126,485$13.7M0.01%+2,667+2.2%Added
M&T Bank Corp122,471$13.3M0.05%−1,544−1.2%Reduced
Swiss National Bank120,000$13.0M0.01%−14,500−10.8%Reduced
Rafferty Asset Management, LLC118,244$12.8M0.05%+40,502+52.1%Added
First National Bank of Omaha115,222$12.5M0.79%+44,700+63.4%Added
Ameriprise Financial Inc114,386$12.4M0.00%+25,600+28.8%Added
California Public Employees Retirement System109,690$11.9M0.01%−1,470−1.3%Reduced
Nuveen Asset Management, LLC107,881$11.7M0.00%−1,297−1.2%Reduced
First Trust Advisors LP105,988$11.5M0.01%−6,629−5.9%Reduced
Mairs & Power Inc103,607$11.2M0.12%−2,729−2.6%Reduced
Russell Investments Group, Ltd.102,239$11.1M0.02%+3,419+3.5%Added
Lathrop Investment Management Corp102,239$11.1M2.26%+9,112+9.8%Added
South Dakota Investment Council94,306$10.2M0.22%+4,200+4.7%Added
Alliancebernstein L.P.92,378$10.0M0.00%+975+1.1%Added
Legal & General Group Plc91,360$9.91M0.00%−4,951−5.1%Reduced
UBS Asset Management Americas Inc87,950$9.54M0.00%+984+1.1%Added
Cubist Systematic Strategies, LLC86,930$9.43M0.12%+19,599+29.1%Added
American International Group, Inc.86,473$9.38M0.04%−3,828−4.2%Reduced
New York State Teachers Retirement System86,232$9.36M0.02%−423−0.5%Reduced
Citigroup Inc82,124$8.91M0.01%+23,234+39.5%Added
Susquehanna Portfolio Strategies, LLC80,091$8.69M0.15%+80,091New
Credit Suisse AG76,987$8.35M0.01%−784−1.0%Reduced
Martin Capital Partners, LLC72,948$7.91M3.23%+38,913+114.3%Added
Abn Amro Investment Solutions67,100$7.28M0.13%−17,000−20.2%Reduced
Renaissance Technologies LLC65,900$7.15M0.01%+65,900New
California State Teachers Retirement System64,087$6.95M0.01%−3,189−4.7%Reduced
State Board of Administration of Florida Retirement System63,738$6.91M0.01%+284+0.4%Added
WealthPLAN Partners, LLC58,965$6.40M0.66%−423−0.7%Reduced
Boothbay Fund Management, LLC58,236$6.32M0.24%+58,236New
Rowland & Co Investment Counsel55,893$6.06M1.39%−279−0.5%Reduced
STRS Ohio55,700$6.04M0.03%+4,800+9.4%Added
Texas Permanent School Fund55,303$6.00M0.05%+868+1.6%Added
Lawson Kroeker Investment Management Inc55,290$6.00M1.23%−595−1.1%Reduced
Voloridge Investment Management, LLC54,213$5.88M0.02%−36,434−40.2%Reduced
WealthPlan Investment Management, LLC54,178$5.88M0.94%−22,875−29.7%Reduced
LPL Financial LLC54,007$5.86M0.00%+9,338+20.9%Added
Argent Trust Co50,915$5.52M0.27%+2,308+4.7%Added
Kempner Capital Management Inc.50,026$5.43M3.03%−1,000−2.0%Reduced
State of Tennessee, Treasury Department50,018$5.43M0.02%−43,900−46.7%Reduced
Commonwealth Equity Services, LLC49,609$5.38M0.01%−1,735−3.4%Reduced
Terry L. Blaker48,355$5.25M0.43%+75+0.2%Added
Tower Bridge Advisors47,215$5.12M0.44%−2,300−4.6%Reduced
Callahan Advisors, LLC46,594$5.05M0.59%−6,215−11.8%Reduced
Great West Life Assurance Co46,567$5.04M0.01%+298+0.6%Added
Carlson Capital L P45,900$4.98M0.40%+45,900New
Qube Research & Technologies Ltd43,238$4.69M0.01%−55,348−56.1%Reduced
Holocene Advisors, LP42,981$4.66M0.02%−164,636−79.3%Reduced
Jane Street Group, LLC42,478$4.61M0.01%+25,111+144.6%Added
Greenfield Seitz Capital Management, LLC41,565$4.51M1.80%+41,565New
D. E. Shaw & Co., Inc.41,538$4.51M0.01%+20,139+94.1%Added
Fifth Third Bancorp40,435$4.39M0.02%−8,363−17.1%Reduced
Mutual of America Capital Management LLC39,494$4.28M0.05%−2,107−5.1%Reduced
Cullen/Frost Bankers, Inc.39,175$4.25M0.07%−195,193−83.3%Reduced