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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 2025

Institutional positions in Cullen/Frost Bankers, Inc. as of Mar 31, 2025. 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
482
+32 vs. Q4 2024
Shares held
54.0M
−1.11M (−2.0%) vs. Q4 2024
Total value
$6.76B
−$637.7M (−8.6%) vs. Q4 2024
New holders
79
150 more added
Sold out
47
175 more reduced

8 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 482 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 2025: $6.76B
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 2025

Shares, value and share of portfolio for each institution holding Cullen/Frost Bankers, Inc.; share changes are against Q4 2024.

Institutions holding CFR in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc6,312,000$790.3M0.01%−63,303−1.0%Reduced
BlackRock, Inc.6,058,733$758.6M0.02%−100,198−1.6%Reduced
Aristotle Capital Management, LLC5,663,087$709.0M1.41%−130,982−2.3%Reduced
State Street Corp3,473,170$434.8M0.02%−276,541−7.4%Reduced
Champlain Investment Partners, LLC1,717,451$215.0M1.56%−952,839−35.7%Reduced
King Luther Capital Management Corp1,444,476$180.8M0.84%−111,657−7.2%Reduced
FMR LLC1,269,781$159.0M0.01%−289,967−18.6%Reduced
Neuberger Berman Group LLC1,164,191$145.8M0.12%−399,918−25.6%Reduced
Geode Capital Management, LLC1,145,234$144.5M0.01%+47,147+4.3%Added
Bank of America Corp1,128,037$141.2M0.01%+53,386+5.0%Added
Boston Trust Walden Corp1,112,477$139.3M1.02%+60,187+5.7%Added
Dimensional Fund Advisors LP1,057,294$132.4M0.03%+30,709+3.0%Added
Northern Trust Corp1,051,168$131.6M0.02%+77,592+8.0%Added
Montrusco Bolton Investments Inc.835,314$104.6M1.37%−13,578−1.6%Reduced
Janus Henderson Group PLC837,899$104.3M0.06%+116,001+16.1%Added
Principal Financial Group Inc811,635$101.6M0.06%−10,797−1.3%Reduced
JPMorgan Chase & Co783,137$98.0M0.01%−50,878−6.1%Reduced
Vaughan Nelson Investment Management, L.P.711,527$89.1M0.89%+114,910+19.3%Added
Norges Bank709,602$88.8M0.01%+191,232+36.9%Added
First Trust Advisors LP667,021$83.5M0.07%+523,407+364.5%Added
Morgan Stanley652,616$81.7M0.01%+127,919+24.4%Added
Manufacturers Life Insurance Company, The647,996$81.1M0.08%+52,313+8.8%Added
Bank of New York Mellon Corp635,899$79.6M0.02%+24,177+4.0%Added
Goldman Sachs Group Inc605,697$75.8M0.01%+230,993+61.6%Added
Charles Schwab Investment Management Inc553,118$69.3M0.01%−2,026−0.4%Reduced
SEI Investments Co523,840$65.6M0.08%+10,407+2.0%Added
Impax Asset Management Group plc518,387$64.4M0.39%+403,387+350.8%Added
Westwood Holdings Group Inc.432,947$54.2M0.41%−14,420−3.2%Reduced
Royal Bank of Canada406,734$50.9M0.01%+495+0.1%Added
Madison Asset Management, LLC376,784$47.2M0.53%+32,477+9.4%Added
Bartlett & Co. Wealth Management LLC371,748$46.5M0.69%+5,157+1.4%Added
Jacobs Levy Equity Management, Inc353,455$44.3M0.18%−46,498−11.6%Reduced
GW&K Investment Management, LLC350,437$43.9M0.41%+2,599+0.7%Added
Natixis Advisors, L.P.289,476$36.2M0.07%+12,926+4.7%Added
Palisade Capital Management LLC275,517$34.5M0.99%−2,871−1.0%Reduced
Alberta Investment Management Corp275,000$34.4M0.24%00.0%Unchanged
Polaris Capital Management, LLC268,400$33.6M1.92%−39,400−12.8%Reduced
Envestnet Asset Management Inc263,272$33.0M0.01%−4,398−1.6%Reduced
Barclays PLC261,032$32.7M0.01%−119,008−31.3%Reduced
TCTC Holdings, LLC230,270$28.8M1.02%+11,950+5.5%Added
ProShare Advisors LLC220,571$27.6M0.06%−43,190−16.4%Reduced
AQR Capital Management LLC201,151$24.9M0.03%+49,975+33.1%Added
Public Employees Retirement Association of Colorado167,750$21.0M0.09%+16,664+11.0%Added
Rhumbline Advisers167,134$20.9M0.02%−1,015−0.6%Reduced
UBS Asset Management Americas Inc166,900$20.9M0.01%+15,063+9.9%Added
Raymond James Financial Inc165,483$20.7M0.01%+7,709+4.9%Added
Retirement Systems of Alabama162,981$20.4M0.08%+203+0.1%Added
Wells Fargo & Company156,622$19.6M0.00%+5,859+3.9%Added
Wellington Management Group LLP152,341$19.1M0.00%−40,308−20.9%Reduced
Lido Advisors, LLC143,873$18.0M0.11%+7,720+5.7%Added
New York State Common Retirement Fund127,370$15.9M0.02%−32,728−20.4%Reduced
Sprucegrove Investment Management Ltd127,030$15.9M1.71%−36,747−22.4%Reduced
UBS Group AG124,640$15.6M0.00%−48,758−28.1%Reduced
Ceredex Value Advisors LLC119,032$14.9M0.33%+1,200+1.0%Added
Swiss National Bank118,100$14.8M0.01%−1,500−1.3%Reduced
Invesco Ltd.112,322$14.1M0.00%−173,448−60.7%Reduced
M&T Bank Corp108,967$13.6M0.05%−7,837−6.7%Reduced
Nuveen, LLC102,917$12.9M0.00%+102,917New
First National Bank of Omaha102,441$12.8M0.87%−2,467−2.4%Reduced
California Public Employees Retirement System100,529$12.6M0.01%−2,296−2.2%Reduced
Ameriprise Financial Inc97,633$12.2M0.00%−1,643−1.7%Reduced
Legal & General Group Plc97,377$12.2M0.00%+1,855+1.9%Added
Universal- Beteiligungs- und Servicegesellschaft mbH97,199$12.2M0.02%+97,199New
Voloridge Investment Management, LLC90,845$11.4M0.04%−19,862−17.9%Reduced
Citadel Advisors LLC85,222$10.7M0.01%+47,575+126.4%Added
Lathrop Investment Management Corp84,958$10.6M2.11%+1,682+2.0%Added
Alliancebernstein L.P.79,644$9.97M0.00%−830−1.0%Reduced
Russell Investments Group, Ltd.78,520$9.83M0.01%−56,132−41.7%Reduced
New York State Teachers Retirement System75,732$9.48M0.02%−4,000−5.0%Reduced
Corebridge Financial, Inc.70,913$8.88M0.05%−1,618−2.2%Reduced
Formuepleje A/S69,131$8.66M0.49%+69,131New
STRS Ohio65,735$8.23M0.03%+11,235+20.6%Added
Jane Street Group, LLC65,632$8.22M0.01%+65,632New
Rafferty Asset Management, LLC64,706$8.10M0.03%−27,164−29.6%Reduced
Verition Fund Management LLC64,269$8.05M0.05%+11,223+21.2%Added
Whittier Trust Co64,247$8.04M0.11%+1,598+2.6%Added
Commonwealth Equity Services, LLC63,199$7.91M0.01%+786+1.3%Added
LPL Financial LLC62,995$7.89M0.00%−3,838−5.7%Reduced
Cerity Partners LLC61,160$7.66M0.02%+14,512+31.1%Added
Mairs & Power Inc59,920$7.50M0.08%−13,481−18.4%Reduced
California State Teachers Retirement System56,133$7.03M0.01%−623−1.1%Reduced
WealthPlan Investment Management, LLC55,160$6.91M0.68%−1,329−2.4%Reduced
Stifel Financial Corp54,517$6.83M0.01%+1,910+3.6%Added
Lawson Kroeker Investment Management Inc53,530$6.70M1.24%+67+0.1%Added
Argent Trust Co52,172$6.53M0.27%−1,390−2.6%Reduced
Greenfield Seitz Capital Management, LLC52,159$6.53M2.49%+39+0.1%Added
Rowland & Co Investment Counsel52,074$6.52M1.37%−515−1.0%Reduced
Hilton Capital Management, LLC50,273$6.29M0.53%+3,121+6.6%Added
Great West Life Assurance Co48,854$6.13M0.01%−4,288−8.1%Reduced
Citigroup Inc48,464$6.07M0.00%−211,234−81.3%Reduced
Price T Rowe Associates Inc47,311$5.92M0.00%+3,251+7.4%Added
WCM Investment Management, LLC47,220$5.88M0.02%−2,136−4.3%Reduced
Prudential PLC46,477$5.82M0.03%+46,477New
Terry L. Blaker44,460$5.57M0.22%−162−0.4%Reduced
Susquehanna International Group, LLP42,894$5.37M0.01%+21,651+101.9%Added
Oak Harvest Investment Services41,409$5.18M0.72%+1,941+4.9%Added
American Century Companies Inc40,119$5.02M0.00%−31,247−43.8%Reduced
Fifth Third Bancorp39,376$4.93M0.02%−647−1.6%Reduced
Cullen/Frost Bankers, Inc.38,275$4.79M0.07%−3,429−8.2%Reduced
Abn Amro Investment Solutions37,600$4.71M0.10%00.0%Unchanged