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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
Sterling Capital Management LLC3,269$409.3K0.01%−216−6.2%Reduced
Evergreen Capital Management LLC3,269$409.3K0.01%+187+6.1%Added
O'Shaughnessy Asset Management, LLC3,298$412.9K0.00%+65+2.0%Added
Fearless Solutions, LLC dba Best Invest3,392$424.7K0.33%−83−2.4%Reduced
Davis R M Inc3,404$426.2K0.01%−808−19.2%Reduced
Avidian Wealth Solutions, LLC3,425$428.8K0.02%+1,008+41.7%Added
Envestnet Portfolio Solutions, Inc.3,426$429.0K0.00%−664−16.2%Reduced
Community Bank & Trust, Waco, Texas3,600$451.0K0.11%00.0%Unchanged
LCNB Corp3,625$453.9K0.17%00.0%Unchanged
Man Group plc3,659$458.1K0.00%+3,659New
Probity Advisors, Inc.3,689$461.9K0.09%−166−4.3%Reduced
Washington Capital Management Inc3,700$463.2K0.37%−1,200−24.5%Reduced
Helen Stephens Group, LLC3,770$472.0K0.13%+77+2.1%Added
Tower Research Capital LLC (TRC)3,783$473.6K0.01%−5,757−60.3%Reduced
Tanglewood Legacy Advisors, LLC3,802$476.0K0.21%00.0%Unchanged
First Dallas Securities Inc.3,878$486.0K0.20%−150−3.7%Reduced
Moody National Bank Trust Division3,906$489.0K0.05%−590−13.1%Reduced
MML Investors Services, LLC4,064$509.0K0.00%+21+0.5%Added
Fox Run Management, L.L.C.4,083$511.2K0.08%+4,083New
Pallas Capital Advisors LLC4,089$511.9K0.02%−808−16.5%Reduced
Trust Point Inc.4,101$513.4K0.05%−186−4.3%Reduced
Mercer Global Advisors Inc4,110$514.6K0.00%−378−8.4%Reduced
United Services Automobile Association4,246$528.3K0.02%+4,246New
Benjamin Edwards Inc4,306$539.2K0.01%+472+12.3%Added
Ethic Inc.4,362$539.6K0.01%+389+9.8%Added
Hilltop Holdings Inc.4,539$568.2K0.04%−45−1.0%Reduced
Vestcor Inc4,554$570.0K0.02%+4,554New
CWM, LLC4,736$593.0K0.00%+843+21.7%Added
Spears Abacus Advisors LLC4,842$606.2K0.01%+20.0%Added
Securian Asset Management, Inc4,848$607.0K0.02%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp4,858$608.2K0.00%−113−2.3%Reduced
CIBC Private Wealth Group, LLC5,755$608.9K0.00%−42−0.7%Reduced
Fayez Sarofim & Co4,867$609.3K0.00%−25−0.5%Reduced
US Bancorp4,870$609.7K0.00%+531+12.2%Added
Baird Financial Group, Inc.4,917$615.6K0.00%−79−1.6%Reduced
Groesbeck Investment Management Corp4,979$623.0K0.87%−593−10.6%Reduced
Two Sigma Advisers, LP5,000$626.0K0.00%+200+4.2%Added
Fulton Bank, N.A.5,012$627.5K0.03%+126+2.6%Added
Engineers Gate Manager LP5,019$628.4K0.01%+5,019New
Nebula Research & Development LLC5,046$631.8K0.06%+5,046New
FORA Capital, LLC5,077$635.6K0.06%+5,077New
Prime Capital Investment Advisors, LLC5,106$639.3K0.01%+65+1.3%Added
Deutsche Bank AG5,150$644.8K0.00%−14,381−73.6%Reduced
Stephens Inc5,196$650.5K0.01%−235−4.3%Reduced
Bradley Foster & Sargent Inc5,250$657.3K0.01%00.0%Unchanged
Jackson Square Capital, LLC5,262$658.8K0.21%−385−6.8%Reduced
Titleist Asset Management, LLC5,287$662.0K0.08%+5+0.1%Added
Pinebridge Investments, L.P.5,319$665.9K0.01%+5,319New
Hodges Capital Management Inc.5,345$669.0K0.07%+20.0%Added
Prudential Financial Inc5,422$678.8K0.00%+885+19.5%Added
Great Lakes Advisors, LLC5,714$715.4K0.01%−42−0.7%Reduced
Congress Wealth Management LLC5,891$737.6K0.01%−192−3.2%Reduced
MMBG Investment Advisors Co.6,070$760.0K0.09%00.0%Unchanged
Federated Hermes, Inc.6,082$761.5K0.00%−380−5.9%Reduced
Sovran Advisors, LLC7,007$782.0K0.10%+2,807+66.8%Added
Glenmede Trust Co NA6,290$787.5K0.00%+144+2.3%Added
JustInvest LLC6,296$788.2K0.01%−168−2.6%Reduced
Twinbeech Capital LP6,296$788.3K0.01%+6,296New
Fuller & Thaler Asset Management, Inc.6,427$804.6K0.00%−68−1.0%Reduced
State of Wisconsin Investment Board6,451$807.7K0.00%+704+12.2%Added
M.E. Allison & Co., Inc.6,464$809.3K0.80%+145+2.3%Added
TownSquare Capital, LLC6,715$840.7K0.01%+279+4.3%Added
Quadrant Capital Group LLC6,899$863.8K0.03%+4,813+230.7%Added
Cary Street Partners Financial LLC6,914$865.6K0.03%+6,914New
Jones Financial Companies LLLP7,091$882.2K0.00%+1,747+32.7%Added
Venturi Wealth Management, LLC7,063$884.3K0.05%+310+4.6%Added
Sigma Planning Corp7,077$886.1K0.03%+50+0.7%Added
Coldstream Capital Management Inc7,119$891.3K0.02%+101+1.4%Added
Xponance, Inc.7,207$902.3K0.01%+113+1.6%Added
Aster Capital Management (DIFC) Ltd6,686$916.2K0.17%+6,686New
Voya Investment Management LLC7,342$919.2K0.00%+199+2.8%Added
State of Alaska, Department of Revenue7,524$942.0K0.01%+210+2.9%Added
Roehl & Yi Investment Advisors, LLC7,566$947.3K0.51%−113−1.5%Reduced
Oppenheimer Asset Management Inc.7,682$961.8K0.01%+134+1.8%Added
Mach-1 Financial Group, Inc.7,695$963.4K0.29%+7,695New
17 Capital Partners, LLC8,023$1.00M0.64%00.0%Unchanged
GAMMA Investing LLC8,035$1.01M0.08%+7,213+877.5%Added
Hancock Whitney Corp8,230$1.03M0.03%+507+6.6%Added
Inceptionr LLC8,309$1.04M0.31%+8,309New
Legacy Financial Advisors, Inc.8,358$1.05M0.18%−211−2.5%Reduced
VELA Investment Management, LLC8,373$1.05M0.36%−8,638−50.8%Reduced
Wiley Bros.-Aintree Capital, LLC8,509$1.05M0.01%+535+6.7%Added
Cetera Investment Advisers8,514$1.07M0.00%+1,668+24.4%Added
Centiva Capital, LP8,629$1.08M0.06%+8,629New
Tributary Capital Management, LLC8,854$1.11M0.10%+339+4.0%Added
Monticello Wealth Management, LLC8,969$1.12M0.09%−215−2.3%Reduced
Jump Financial, LLC8,988$1.13M0.02%−6,576−42.3%Reduced
Centennial Bank9,100$1.14M0.54%00.0%Unchanged
Pictet Asset Management Holding SA9,138$1.14M0.00%+233+2.6%Added
Eight 31 Financial LLC9,250$1.16M0.74%00.0%Unchanged
First Manhattan Co9,533$1.19M0.00%−341−3.5%Reduced
SG Americas Securities, LLC9,726$1.22M0.00%+8,419+644.1%Added
Utah Retirement Systems9,796$1.23M0.01%00.0%Unchanged
Anchor Investment Management, LLC9,800$1.23M0.11%00.0%Unchanged
Oppenheimer & Co Inc10,293$1.29M0.02%−1,726−14.4%Reduced
Wealth Enhancement Advisory Services, LLC10,467$1.31M0.00%−4,377−29.5%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)10,660$1.33M0.00%−264−2.4%Reduced
National Bank of Canada10,699$1.34M0.00%−108−1.0%Reduced
Zurich Insurance Group Ltd10,800$1.35M0.01%+10,800New
Millennium Management LLC11,393$1.43M0.00%−57,425−83.4%Reduced