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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, Q3 2025

Institutional positions in Cullen/Frost Bankers, Inc. as of Sep 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
480
+6 vs. Q2 2025
Shares held
55.8M
+2.49M (+4.7%) vs. Q2 2025
Total value
$7.08B
+$221.3M (+3.2%) vs. Q2 2025
New holders
53
169 more added
Sold out
47
159 more reduced

7 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 480 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 heldQ3 2025: $7.08B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Cullen/Frost Bankers, Inc.; share changes are against Q2 2025.

Institutions holding CFR in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
First Manhattan Co9,433$1.20M0.00%−100−1.0%Reduced
Victory Capital Management Inc9,405$1.19M0.00%−2,381−20.2%Reduced
Eight 31 Financial LLC9,250$1.17M0.66%00.0%Unchanged
Assetmark, Inc9,221$1.17M0.00%+9,182+23,543.6%Added
Entropy Technologies, LP9,193$1.17M0.09%+9,193New
Centennial Bank9,075$1.15M0.45%−25−0.3%Reduced
SRS Capital Advisors, Inc.9,068$1.15M0.02%+8,866+4,389.1%Added
Monticello Wealth Management, LLC8,896$1.13M0.08%−79−0.9%Reduced
M.E. Allison & Co., Inc.8,734$1.11M0.77%00.0%Unchanged
Hancock Whitney Corp8,555$1.08M0.02%−49−0.6%Reduced
Pacer Advisors, Inc.8,480$1.08M0.00%+8,480New
Balyasny Asset Management LLC8,322$1.05M0.00%+112+1.4%Added
Stephens Inc8,237$1.04M0.01%+1,326+19.2%Added
Pictet Asset Management Holding SA8,159$1.03M0.00%−941−10.3%Reduced
GAMMA Investing LLC8,049$1.02M0.06%+113+1.4%Added
Sciencast Management LP7,983$1.01M0.19%+7,983New
Allianz Asset Management GmbH7,636$968.0K0.00%+179+2.4%Added
Tributary Capital Management, LLC7,586$961.7K0.09%−1,593−17.4%Reduced
Carnegie Capital Asset Management, LLC7,465$946.3K0.02%00.0%Unchanged
Coldstream Capital Management Inc7,381$935.6K0.01%+399+5.7%Added
Roehl & Yi Investment Advisors, LLC7,274$922.1K0.40%−292−3.9%Reduced
Intech Investment Management LLC7,271$921.7K0.01%+7,271New
17 Capital Partners, LLC7,110$901.3K0.49%00.0%Unchanged
JustInvest LLC7,103$900.4K0.01%−183−2.5%Reduced
Quadrant Capital Group LLC7,100$900.1K0.03%−10.0%Reduced
Sigma Planning Corp7,089$898.7K0.03%+54+0.8%Added
Xponance, Inc.6,930$878.5K0.01%−63−0.9%Reduced
State of Alaska, Department of Revenue6,924$877.0K0.01%−295−4.1%Reduced
Pathway Financial Advisers, LLC6,899$870.9K0.25%+6,899New
Cary Street Partners Financial LLC6,852$868.6K0.02%+935+15.8%Added
Mercer Global Advisors Inc6,639$841.7K0.00%−306−4.4%Reduced
Fuller & Thaler Asset Management, Inc.6,423$814.3K0.00%−20.0%Reduced
Envestnet Portfolio Solutions, Inc.6,415$813.2K0.00%−238−3.6%Reduced
Hussman Strategic Advisors, Inc.6,300$798.7K0.17%+6,300New
Deutsche Bank AG6,297$798.3K0.00%+1,115+21.5%Added
Prudential Financial Inc6,275$795.5K0.00%−250−3.8%Reduced
Sovran Advisors, LLC6,346$783.4K0.07%−474−7.0%Reduced
Glenmede Investment Management, LP6,148$779.4K0.00%+75+1.2%Added
MMBG Investment Advisors Co.6,070$769.5K0.07%00.0%Unchanged
J.W. Cole Advisors, Inc.5,916$749.9K0.01%−9−0.2%Reduced
Fulton Bank, N.A.5,862$743.1K0.03%+815+16.1%Added
State of Wisconsin Investment Board5,777$732.4K0.00%+21+0.4%Added
Federated Hermes, Inc.5,746$728.4K0.00%−255−4.2%Reduced
Burney Co5,695$722.0K0.02%+5,695New
Voya Investment Management LLC5,583$707.8K0.00%−1,726−23.6%Reduced
RSM US Wealth Management LLC5,436$689.2K0.01%−512−8.6%Reduced
Moody National Bank Trust Division5,354$678.7K0.06%00.0%Unchanged
Great Lakes Advisors, LLC5,333$676.1K0.01%−327−5.8%Reduced
Benjamin Edwards Inc5,325$675.0K0.01%+854+19.1%Added
Jain Global LLC5,248$665.3K0.01%+5,248New
Titleist Asset Management, LLC5,195$658.6K0.06%−37−0.7%Reduced
Prime Capital Investment Advisors, LLC5,031$637.8K0.01%+3+0.1%Added
First Citizens Bank & Trust Co4,934$625.5K0.01%+236+5.0%Added
Bradley Foster & Sargent Inc4,925$624.3K0.01%00.0%Unchanged
Spears Abacus Advisors LLC4,845$614.2K0.01%00.0%Unchanged
Fayez Sarofim & Co4,842$613.8K0.00%−25−0.5%Reduced
Securian Asset Management, Inc4,774$605.2K0.02%−74−1.5%Reduced
Occudo Quantitative Strategies LP4,717$598.0K0.07%+4,717New
Hilltop Holdings Inc.4,685$593.9K0.03%+142+3.1%Added
O'Shaughnessy Asset Management, LLC4,603$583.5K0.00%+1,024+28.6%Added
Point72 (DIFC) Ltd4,559$578.0K0.04%+4,559New
Vestcor Inc4,435$562.0K0.02%+4,435New
MML Investors Services, LLC4,421$560.5K0.00%+71+1.6%Added
Oppenheimer & Co Inc4,372$554.2K0.01%−513−10.5%Reduced
Groesbeck Investment Management Corp4,362$553.0K1.08%+186+4.5%Added
CWM, LLC4,332$549.0K0.00%−596−12.1%Reduced
Pallas Capital Advisors LLC4,000$507.1K0.02%−34−0.8%Reduced
US Bancorp3,990$505.8K0.00%+110+2.8%Added
Federation des caisses Desjardins du Quebec3,957$501.6K0.00%+3,957New
Park Avenue Securities LLC3,845$487.0K0.00%+1,074+38.8%Added
Evergreen Capital Management LLC3,824$484.8K0.01%+507+15.3%Added
Tanglewood Legacy Advisors, LLC3,802$482.0K0.19%00.0%Unchanged
Helen Stephens Group, LLC3,782$479.4K0.11%+30+0.8%Added
Washington Capital Management Inc3,700$469.0K0.33%00.0%Unchanged
Sterling Capital Management LLC3,676$466.0K0.01%−315−7.9%Reduced
Community Bank & Trust, Waco, Texas3,600$456.0K0.09%00.0%Unchanged
LCNB Corp3,590$455.1K0.16%−35−1.0%Reduced
Snowden Capital Advisors LLC3,555$450.7K0.01%+3,555New
Resources Investment Advisors, LLC.3,498$443.5K0.00%+921+35.7%Added
Symphony Financial, Ltd. Co.3,453$433.3K0.05%−241−6.5%Reduced
Ethic Inc.3,314$420.1K0.01%−209−5.9%Reduced
Fearless Solutions, LLC dba Best Invest3,290$417.1K0.27%−101−3.0%Reduced
Private Advisor Group, LLC3,283$416.2K0.00%+94+2.9%Added
First Dallas Securities Inc.3,278$415.6K0.16%00.0%Unchanged
Trust Point Inc.3,261$413.4K0.03%+349+12.0%Added
Probity Advisors, Inc.3,161$400.7K0.06%−201−6.0%Reduced
Bokf, NA3,091$391.8K0.01%00.0%Unchanged
Sofos Investments, Inc.3,023$383.2K0.08%+3,023New
Hodges Capital Management Inc.2,995$379.7K0.03%−100−3.2%Reduced
RMB Capital Management, LLC2,934$372.0K0.01%+23+0.8%Added
Beacon Financial Group2,924$370.6K0.04%−10−0.3%Reduced
Mitsubishi UFJ Trust & Banking Corp2,920$370.2K0.00%−2,007−40.7%Reduced
Swiss Life Asset Management Ltd2,849$361.2K0.00%+1,273+80.8%Added
Maryland State Retirement & Pension System2,748$348.4K0.01%00.0%Unchanged
Venturi Wealth Management, LLC2,723$345.2K0.02%−1,517−35.8%Reduced
Forum Financial Management, LP2,719$344.7K0.00%+501+22.6%Added
Fruth Investment Management2,600$329.0K0.09%00.0%Unchanged
GWM Advisors LLC2,562$324.7K0.00%−32−1.2%Reduced
Rockefeller Capital Management L.P.2,556$324.0K0.00%+2,556New
Marshall Wace, LLP2,538$321.7K0.00%−796−23.9%Reduced