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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, Q2 2025

Institutional positions in Cullen/Frost Bankers, Inc. as of Jun 30, 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
481
+3 vs. Q1 2025
Shares held
54.1M
+53.1K (+0.1%) vs. Q1 2025
Total value
$6.95B
+$188.0M (+2.8%) vs. Q1 2025
New holders
64
177 more added
Sold out
61
156 more reduced

4 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 481 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 heldQ2 2025: $6.95B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Cullen/Frost Bankers, Inc.; share changes are against Q1 2025.

Institutions holding CFR in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Lawson Kroeker Investment Management Inc53,970$6.94M1.29%+440+0.8%Added
Franklin Resources Inc54,310$6.98M0.00%+41,553+325.7%Added
California State Teachers Retirement System56,168$7.22M0.01%+35+0.1%Added
Barclays PLC62,913$8.09M0.00%−198,119−75.9%Reduced
WealthPlan Investment Management, LLC63,071$8.11M0.59%+7,911+14.3%Added
LPL Financial LLC63,082$8.11M0.00%+87+0.1%Added
Bridgewater Associates, LP65,122$8.37M0.03%+65,122New
Whittier Trust Co65,729$8.45M0.10%+1,482+2.3%Added
Rafferty Asset Management, LLC66,237$8.51M0.03%+1,531+2.4%Added
Cerity Partners LLC66,336$8.53M0.02%+5,176+8.5%Added
Renaissance Technologies LLC66,400$8.54M0.01%+64,200+2,918.2%Added
Martin Capital Partners, LLC67,030$8.62M3.38%+46,163+221.2%Added
Formuepleje A/S69,131$8.66M0.49%00.0%Unchanged
New York State Teachers Retirement System75,732$9.73M0.02%00.0%Unchanged
Nuveen, LLC78,133$10.0M0.00%−24,784−24.1%Reduced
Commonwealth Equity Services, LLC85,947$11.0M0.01%+22,748+36.0%Added
Verition Fund Management LLC86,063$11.1M0.06%+21,794+33.9%Added
CIBC Private Wealth Group, LLC88,974$11.4M0.02%+83,219+1,446.0%Added
Arrowstreet Capital, Limited Partnership100,368$12.9M0.01%+97,854+3,892.4%Added
Legal & General Group Plc100,690$12.9M0.00%+3,313+3.4%Added
Russell Investments Group, Ltd.102,234$13.1M0.02%+23,714+30.2%Added
First National Bank of Omaha102,790$13.2M0.85%+349+0.3%Added
M&T Bank Corp102,980$13.2M0.05%−5,987−5.5%Reduced
California Public Employees Retirement System104,560$13.4M0.01%+4,031+4.0%Added
Swiss National Bank116,600$15.0M0.01%−1,500−1.3%Reduced
UBS Group AG117,524$15.1M0.00%−7,116−5.7%Reduced
Ceredex Value Advisors LLC119,232$15.3M0.33%+200+0.2%Added
Sprucegrove Investment Management Ltd125,630$16.1M1.30%−1,400−1.1%Reduced
Invesco Ltd.126,040$16.2M0.00%+13,718+12.2%Added
Ameriprise Financial Inc128,348$16.5M0.00%+30,715+31.5%Added
New York State Common Retirement Fund129,699$16.7M0.02%+2,329+1.8%Added
Wells Fargo & Company136,080$17.5M0.00%−20,542−13.1%Reduced
Alliancebernstein L.P.137,672$17.7M0.01%+58,028+72.9%Added
Lido Advisors, LLC143,077$18.4M0.10%−796−0.6%Reduced
Wellington Management Group LLP147,780$19.0M0.00%−4,561−3.0%Reduced
AQR Capital Management LLC161,179$20.7M0.02%−39,972−19.9%Reduced
Retirement Systems of Alabama163,375$21.0M0.08%+394+0.2%Added
Rhumbline Advisers165,945$21.3M0.02%−1,189−0.7%Reduced
Raymond James Financial Inc167,027$21.5M0.01%+1,544+0.9%Added
Public Employees Retirement Association of Colorado167,750$21.6M0.08%00.0%Unchanged
UBS Asset Management Americas Inc229,498$29.5M0.01%+62,598+37.5%Added
TCTC Holdings, LLC230,270$29.6M0.95%00.0%Unchanged
Polaris Capital Management, LLC254,100$32.7M2.17%−14,300−5.3%Reduced
Envestnet Asset Management Inc255,334$32.8M0.01%−7,938−3.0%Reduced
Palisade Capital Management LLC267,934$34.4M0.98%−7,583−2.8%Reduced
Deprince Race & Zollo Inc275,399$35.4M0.74%+275,399New
ProShare Advisors LLC287,750$37.0M0.07%+67,179+30.5%Added
Alberta Investment Management Corp300,000$38.6M0.30%+25,000+9.1%Added
Jacobs Levy Equity Management, Inc328,217$42.2M0.17%−25,238−7.1%Reduced
Natixis Advisors, L.P.328,418$42.2M0.07%+38,942+13.5%Added
GW&K Investment Management, LLC353,741$45.5M0.41%+3,304+0.9%Added
Madison Asset Management, LLC381,179$49.0M0.53%+4,395+1.2%Added
Bartlett & Co. Wealth Management LLC382,437$49.2M0.69%+10,689+2.9%Added
Royal Bank of Canada416,057$53.5M0.01%+9,323+2.3%Added
Westwood Holdings Group Inc.439,893$56.5M0.41%+6,946+1.6%Added
Morgan Stanley475,723$61.1M0.00%−176,893−27.1%Reduced
Charles Schwab Investment Management Inc539,745$69.4M0.01%−13,373−2.4%Reduced
SEI Investments Co547,494$70.4M0.08%+23,654+4.5%Added
Bank of New York Mellon Corp611,670$78.6M0.01%−24,229−3.8%Reduced
First Trust Advisors LP653,007$83.9M0.07%−14,014−2.1%Reduced
Norges Bank703,933$90.5M0.01%−5,669−0.8%Reduced
Goldman Sachs Group Inc709,683$91.2M0.01%+103,986+17.2%Added
Manufacturers Life Insurance Company, The742,981$95.5M0.09%+94,985+14.7%Added
JPMorgan Chase & Co757,355$97.4M0.01%−25,782−3.3%Reduced
Principal Financial Group Inc773,890$99.5M0.05%−37,745−4.7%Reduced
Vaughan Nelson Investment Management, L.P.806,752$103.7M0.97%+95,225+13.4%Added
Impax Asset Management Group plc822,878$104.9M0.60%+304,491+58.7%Added
Northern Trust Corp944,028$121.3M0.02%−107,140−10.2%Reduced
Bank of America Corp1,041,593$133.9M0.01%−86,444−7.7%Reduced
Janus Henderson Group PLC1,054,960$135.6M0.07%+217,061+25.9%Added
Boston Trust Walden Corp1,100,356$141.4M1.01%−12,121−1.1%Reduced
Dimensional Fund Advisors LP1,110,378$142.7M0.03%+53,084+5.0%Added
Geode Capital Management, LLC1,154,566$149.6M0.01%+9,332+0.8%Added
FMR LLC1,302,988$167.5M0.01%+33,207+2.6%Added
Neuberger Berman Group LLC1,324,239$170.2M0.13%+160,048+13.7%Added
King Luther Capital Management Corp1,405,605$180.7M0.78%−38,871−2.7%Reduced
Champlain Investment Partners, LLC1,734,222$222.9M1.56%+16,771+1.0%Added
State Street Corp3,436,172$441.7M0.02%−36,998−1.1%Reduced
Aristotle Capital Management, LLC5,598,812$719.7M1.39%−64,275−1.1%Reduced
BlackRock, Inc.6,010,783$772.6M0.01%−47,950−0.8%Reduced
Vanguard Group Inc6,531,015$839.5M0.01%+219,015+3.5%Added
Montrusco Bolton Investments Inc.0$00.00%−835,314−100.0%Sold out
Corebridge Financial, Inc.0$00.00%−70,913−100.0%Sold out
Jane Street Group, LLC0$00.00%−65,632−100.0%Sold out
WCM Investment Management, LLC0$00.00%−47,220−100.0%Sold out
Edgestream Partners, L.P.0$00.00%−31,803−100.0%Sold out
XTX Topco Ltd0$00.00%−19,573−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−17,913−100.0%Sold out
Sendero Wealth Management, LLC0$00.00%−13,470−100.0%Sold out
Quantbot Technologies LP0$00.00%−12,237−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−11,430−100.0%Sold out
Millennium Management LLC0$00.00%−11,393−100.0%Sold out
National Bank of Canada0$00.00%−10,699−100.0%Sold out
Jump Financial, LLC0$00.00%−8,988−100.0%Sold out
Aster Capital Management (DIFC) Ltd0$00.00%−6,686−100.0%Sold out
TownSquare Capital, LLC0$00.00%−6,715−100.0%Sold out
Pinebridge Investments, L.P.0$00.00%−5,319−100.0%Sold out
Jackson Square Capital, LLC0$00.00%−5,262−100.0%Sold out
FORA Capital, LLC0$00.00%−5,077−100.0%Sold out
Nebula Research & Development LLC0$00.00%−5,046−100.0%Sold out