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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 2024

Institutional positions in Cullen/Frost Bankers, Inc. as of Dec 31, 2024. 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
458
+23 vs. Q3 2024
Shares held
55.6M
−311.1K (−0.6%) vs. Q3 2024
Total value
$7.46B
+$1.21B (+19.4%) vs. Q3 2024
New holders
69
158 more added
Sold out
46
145 more reduced

5 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 458 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 2024: $7.46B
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 2024

Shares, value and share of portfolio for each institution holding Cullen/Frost Bankers, Inc.; share changes are against Q3 2024.

Institutions holding CFR in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc6,375,303$855.9M0.01%+66,243+1.0%Added
BlackRock, Inc.6,158,931$826.8M0.02%+174,455+2.9%Added
Aristotle Capital Management, LLC5,794,069$777.9M1.50%−82,854−1.4%Reduced
State Street Corp3,749,711$503.4M0.02%+281,703+8.1%Added
Champlain Investment Partners, LLC2,670,290$358.5M2.27%−743,771−21.8%Reduced
Neuberger Berman Group LLC1,564,109$210.0M0.17%+129,494+9.0%Added
FMR LLC1,559,748$209.4M0.01%−50,061−3.1%Reduced
King Luther Capital Management Corp1,556,133$208.9M0.90%+1,574+0.1%Added
Geode Capital Management, LLC1,098,087$147.5M0.01%+3900.0%Added
Bank of America Corp1,074,651$144.3M0.01%−44,065−3.9%Reduced
Boston Trust Walden Corp1,052,290$141.3M0.99%+94,252+9.8%Added
Dimensional Fund Advisors LP1,026,585$137.8M0.03%+6,159+0.6%Added
Northern Trust Corp973,576$130.7M0.02%+245,458+33.7%Added
Montrusco Bolton Investments Inc.848,892$114.0M1.38%−360,230−29.8%Reduced
JPMorgan Chase & Co834,015$112.0M0.01%+9,050+1.1%Added
Principal Financial Group Inc822,432$110.4M0.06%+16,223+2.0%Added
Janus Henderson Group PLC721,898$96.9M0.05%−55,184−7.1%Reduced
Bank of New York Mellon Corp611,722$82.1M0.02%+14,422+2.4%Added
Vaughan Nelson Investment Management, L.P.596,617$80.1M0.74%+113,757+23.6%Added
Manufacturers Life Insurance Company, The595,683$80.0M0.07%+26,953+4.7%Added
Charles Schwab Investment Management Inc555,144$74.5M0.01%+1,241+0.2%Added
Morgan Stanley524,697$70.4M0.00%−208,285−28.4%Reduced
Norges Bank518,370$69.6M0.01%+142,998+38.1%Added
SEI Investments Co513,433$68.9M0.09%−20,056−3.8%Reduced
Westwood Holdings Group Inc.447,367$60.1M0.46%−50,551−10.2%Reduced
Royal Bank of Canada406,239$54.5M0.01%+24,796+6.5%Added
Jacobs Levy Equity Management, Inc399,953$53.7M0.19%−49,848−11.1%Reduced
Barclays PLC380,040$51.0M0.03%−56,353−12.9%Reduced
Goldman Sachs Group Inc374,704$50.3M0.01%−35,565−8.7%Reduced
Bartlett & Co. Wealth Management LLC366,591$49.2M0.71%+2,241+0.6%Added
Deprince Race & Zollo Inc348,310$46.8M0.93%−86,044−19.8%Reduced
GW&K Investment Management, LLC347,838$46.7M0.40%+347,838New
Madison Asset Management, LLC344,307$46.2M0.52%+29,443+9.4%Added
Madison Investment Advisors, LLC344,307$46.2M0.52%+344,307New
Polaris Capital Management, LLC307,800$41.3M1.99%−10,400−3.3%Reduced
Invesco Ltd.285,770$38.4M0.01%−55,877−16.4%Reduced
Palisade Capital Management LLC278,388$37.4M1.00%+4,137+1.5%Added
Natixis Advisors, L.P.276,550$37.1M0.07%+52,895+23.7%Added
Alberta Investment Management Corp275,000$36.9M0.25%00.0%Unchanged
Envestnet Asset Management Inc267,670$35.9M0.01%+50,324+23.2%Added
ProShare Advisors LLC263,761$35.4M0.08%−18,232−6.5%Reduced
Citigroup Inc259,698$34.9M0.03%−2,158−0.8%Reduced
TCTC Holdings, LLC218,320$29.3M1.05%00.0%Unchanged
Wellington Management Group LLP192,649$25.9M0.00%−44,483−18.8%Reduced
UBS Group AG173,398$23.3M0.01%+64,467+59.2%Added
Rhumbline Advisers168,149$22.6M0.02%−20.0%Reduced
Sprucegrove Investment Management Ltd163,777$22.0M1.57%−22,800−12.2%Reduced
Retirement Systems of Alabama162,778$21.9M0.08%+208+0.1%Added
New York State Common Retirement Fund160,098$21.5M0.03%−2,254−1.4%Reduced
Raymond James Financial Inc157,774$21.2M0.01%+157,774New
UBS Asset Management Americas Inc151,837$20.4M0.00%+16,051+11.8%Added
AQR Capital Management LLC151,176$20.3M0.03%−71,754−32.2%Reduced
Public Employees Retirement Association of Colorado151,086$20.3M0.08%00.0%Unchanged
Wells Fargo & Company150,763$20.2M0.00%−4,468−2.9%Reduced
First Trust Advisors LP143,614$19.3M0.02%+32,203+28.9%Added
Lido Advisors, LLC136,153$18.3M0.11%+11,341+9.1%Added
Russell Investments Group, Ltd.134,652$18.1M0.02%−31,594−19.0%Reduced
Swiss National Bank119,600$16.1M0.01%+400+0.3%Added
Ceredex Value Advisors LLC117,832$15.8M0.32%−6,630−5.3%Reduced
M&T Bank Corp116,804$15.7M0.05%−4,199−3.5%Reduced
Impax Asset Management Group plc115,000$15.4M0.07%+115,000New
Voloridge Investment Management, LLC110,707$14.9M0.05%−60,903−35.5%Reduced
First National Bank of Omaha104,908$14.1M0.91%−1,053−1.0%Reduced
California Public Employees Retirement System102,825$13.8M0.01%−5,178−4.8%Reduced
Nuveen Asset Management, LLC102,511$13.8M0.00%−2,653−2.5%Reduced
Ameriprise Financial Inc99,276$13.3M0.00%−7,603−7.1%Reduced
Legal & General Group Plc95,522$12.8M0.00%−622−0.6%Reduced
Rafferty Asset Management, LLC91,870$12.3M0.04%−8,164−8.2%Reduced
Weiss Asset Management LP91,092$12.2M0.28%+91,092New
Lathrop Investment Management Corp83,276$11.2M2.13%+120.0%Added
Alliancebernstein L.P.80,474$10.8M0.00%−6,249−7.2%Reduced
New York State Teachers Retirement System79,732$10.7M0.02%−1,400−1.7%Reduced
Mairs & Power Inc73,401$9.85M0.10%−370−0.5%Reduced
Corebridge Financial, Inc.72,531$9.74M0.05%−3,138−4.1%Reduced
American Century Companies Inc71,366$9.58M0.01%+1,717+2.5%Added
Millennium Management LLC68,818$9.24M0.01%−153,948−69.1%Reduced
LPL Financial LLC66,833$8.97M0.00%−12,836−16.1%Reduced
Whittier Trust Co62,649$8.41M0.11%+2,881+4.8%Added
Commonwealth Equity Services, LLC62,413$8.38M0.01%+1,233+2.0%Added
Balyasny Asset Management LLC57,895$7.77M0.02%+57,895New
California State Teachers Retirement System56,756$7.62M0.01%−855−1.5%Reduced
WealthPlan Investment Management, LLC56,489$7.58M0.75%+1,762+3.2%Added
STRS Ohio54,500$7.32M0.03%00.0%Unchanged
Argent Trust Co53,562$7.19M0.29%00.0%Unchanged
Lawson Kroeker Investment Management Inc53,463$7.18M1.35%−874−1.6%Reduced
Great West Life Assurance Co53,142$7.14M0.01%00.0%Unchanged
Verition Fund Management LLC53,046$7.12M0.04%+53,046New
Stifel Financial Corp52,607$7.06M0.01%+3,133+6.3%Added
Rowland & Co Investment Counsel52,589$7.06M1.48%−38−0.1%Reduced
Greenfield Seitz Capital Management, LLC52,120$7.00M2.66%+12,916+32.9%Added
WCM Investment Management, LLC49,356$6.65M0.02%+29,277+145.8%Added
South Dakota Investment Council49,029$6.58M0.13%−14,666−23.0%Reduced
Hilton Capital Management, LLC47,152$6.33M0.55%−3,545−7.0%Reduced
Terry L. Blaker44,622$5.99M0.23%+160.0%Added
Price T Rowe Associates Inc44,060$5.92M0.00%+1,333+3.1%Added
Bessemer Group Inc42,115$5.65M0.01%−3,065−6.8%Reduced
Cullen/Frost Bankers, Inc.41,704$5.60M0.08%−2,749−6.2%Reduced
Cerity Partners LLC46,648$5.42M0.01%−67−0.1%Reduced
Fifth Third Bancorp40,023$5.37M0.02%−101−0.3%Reduced
Kempner Capital Management Inc.39,896$5.36M2.94%−8,200−17.0%Reduced