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 2025
Institutional positions in Cullen/Frost Bankers, Inc. as of Dec 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
- 529
- +56 vs. Q3 2025
- Shares held
- 55.0M
- −770.8K (−1.4%) vs. Q3 2025
- Total value
- $6.97B
- −$103.3M (−1.5%) vs. Q3 2025
- New holders
- 91
- 141 more added
- Sold out
- 35
- 197 more reduced
7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 572 | $8.83B |
| Q1 2026 | 543 | $7.54B |
| Q4 2025 | 529 | $6.97B |
| Q3 2025 | 480 | $7.08B |
| Q2 2025 | 481 | $6.95B |
| Q1 2025 | 482 | $6.76B |
| Q4 2024 | 458 | $7.46B |
| Q3 2024 | 440 | $6.27B |
| Q2 2024 | 398 | $5.32B |
| Q1 2024 | 410 | $5.82B |
| Q4 2023 | 408 | $5.67B |
| Q3 2023 | 382 | $4.74B |
| Q2 2023 | 371 | $5.75B |
| Q1 2023 | 412 | $5.60B |
| Q4 2022 | 455 | $7.03B |
| Q3 2022 | 417 | $7.05B |
| Q2 2022 | 408 | $5.92B |
| Q1 2022 | 383 | $7.26B |
| Q4 2021 | 372 | $6.61B |
| Q3 2021 | 332 | $6.31B |
| Q2 2021 | 328 | $5.86B |
| Q1 2021 | 320 | $5.67B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Cullen/Frost Bankers, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7,044,565 | $892.1M | 0.02% | +848,313+13.7% | Added |
| Vanguard Group Inc | 6,404,703 | $811.0M | 0.01% | −86,050−1.3% | Reduced |
| Aristotle Capital Management, LLC | 5,010,178 | $634.4M | 1.27% | −270,535−5.1% | Reduced |
| State Street Corp | 3,351,607 | $424.4M | 0.01% | −21,869−0.6% | Reduced |
| King Luther Capital Management Corp | 1,332,319 | $168.7M | 0.69% | −21,876−1.6% | Reduced |
| Dimensional Fund Advisors LP | 1,293,964 | $163.9M | 0.03% | +106,558+9.0% | Added |
| Geode Capital Management, LLC | 1,224,265 | $155.1M | 0.01% | +10,246+0.8% | Added |
| Champlain Investment Partners, LLC | 1,168,081 | $147.9M | 1.50% | −521,561−30.9% | Reduced |
| Bank of America Corp | 1,083,239 | $137.2M | 0.01% | −46,434−4.1% | Reduced |
| Boston Trust Walden Corp | 1,043,754 | $132.2M | 1.00% | −48,183−4.4% | Reduced |
| Janus Henderson Group PLC | 964,846 | $122.2M | 0.05% | −91,139−8.6% | Reduced |
| Northern Trust Corp | 949,039 | $120.2M | 0.02% | −16,782−1.7% | Reduced |
| Impax Asset Management Group plc | 915,931 | $116.0M | 0.73% | −4,902−0.5% | Reduced |
| Neuberger Berman Group LLC | 794,892 | $100.7M | 0.07% | −624,221−44.0% | Reduced |
| Westwood Holdings Group Inc. | 778,429 | $98.6M | 0.80% | −217,972−21.9% | Reduced |
| First Trust Advisors LP | 744,009 | $94.2M | 0.07% | +38,908+5.5% | Added |
| Vaughan Nelson Investment Management, L.P. | 739,402 | $93.6M | 0.92% | −92,350−11.1% | Reduced |
| Goldman Sachs Group Inc | 735,724 | $93.2M | 0.01% | +98,889+15.5% | Added |
| Norges Bank | 733,668 | $92.9M | 0.01% | +733,668 | New |
| Principal Financial Group Inc | 688,652 | $87.2M | 0.04% | −13,311−1.9% | Reduced |
| JPMorgan Chase & Co | 661,772 | $83.8M | 0.01% | −11,010−1.6% | Reduced |
| Morgan Stanley | 641,890 | $81.3M | 0.00% | +164,854+34.6% | Added |
| Manufacturers Life Insurance Company, The | 622,544 | $78.8M | 0.06% | −13,870−2.2% | Reduced |
| Bank of New York Mellon Corp | 539,713 | $68.3M | 0.01% | −31,981−5.6% | Reduced |
| Charles Schwab Investment Management Inc | 526,308 | $66.6M | 0.01% | −1,522−0.3% | Reduced |
| SEI Investments Co | 504,646 | $63.9M | 0.06% | −63,712−11.2% | Reduced |
| Royal Bank of Canada | 407,100 | $51.6M | 0.01% | −37,272−8.4% | Reduced |
| Alberta Investment Management Corp | 400,000 | $50.7M | 0.30% | +70,000+21.2% | Added |
| GW&K Investment Management, LLC | 383,363 | $48.5M | 0.42% | −16,677−4.2% | Reduced |
| Natixis Advisors, L.P. | 373,373 | $47.3M | 0.07% | +8,003+2.2% | Added |
| Madison Asset Management, LLC | 356,874 | $45.2M | 0.52% | −20,352−5.4% | Reduced |
| Two Sigma Investments, LP | 322,868 | $40.9M | 0.06% | −51,109−13.7% | Reduced |
| Deprince Race & Zollo Inc | 322,128 | $40.8M | 0.78% | +116,052+56.3% | Added |
| FMR LLC | 313,583 | $39.7M | 0.00% | −1,003,425−76.2% | Reduced |
| Fiera Capital Corp | 306,448 | $38.8M | 0.12% | +71,624+30.5% | Added |
| Jacobs Levy Equity Management, Inc | 289,559 | $36.7M | 0.14% | −11,156−3.7% | Reduced |
| ProShare Advisors LLC | 268,194 | $34.0M | 0.06% | +9,612+3.7% | Added |
| Millennium Management LLC | 265,937 | $33.7M | 0.02% | +31,758+13.6% | Added |
| UBS Group AG | 251,636 | $31.9M | 0.01% | −97,965−28.0% | Reduced |
| Palisade Capital Management LLC | 236,110 | $29.9M | 0.89% | −28,525−10.8% | Reduced |
| Envestnet Asset Management Inc | 220,289 | $27.9M | 0.01% | −55,828−20.2% | Reduced |
| TCTC Holdings, LLC | 218,020 | $27.6M | 0.82% | −200−0.1% | Reduced |
| Polaris Capital Management, LLC | 214,500 | $27.2M | 2.25% | −33,400−13.5% | Reduced |
| Two Sigma Advisers, LP | 210,800 | $26.7M | 0.05% | +11,100+5.6% | Added |
| Public Employees Retirement Association of Colorado | 198,050 | $25.1M | 0.09% | 00.0% | Unchanged |
| Bessemer Group Inc | 186,738 | $23.6M | 0.04% | +169,395+976.7% | Added |
| Arrowstreet Capital, Limited Partnership | 185,264 | $23.5M | 0.01% | +5,739+3.2% | Added |
| Bartlett & Co. Wealth Management LLC | 181,495 | $23.0M | 0.30% | −158,426−46.6% | Reduced |
| New York State Common Retirement Fund | 166,431 | $21.1M | 0.03% | −22,769−12.0% | Reduced |
| Ameriprise Financial Inc | 165,987 | $21.0M | 0.00% | +13,343+8.7% | Added |
| Retirement Systems of Alabama | 161,539 | $20.5M | 0.07% | −1,035−0.6% | Reduced |
| Rhumbline Advisers | 158,911 | $20.1M | 0.02% | −4,086−2.5% | Reduced |
| Formuepleje A/S | 158,326 | $20.0M | 1.20% | −26,137−14.2% | Reduced |
| Wells Fargo & Company | 157,142 | $19.9M | 0.00% | −3,184−2.0% | Reduced |
| Bridgewater Associates, LP | 153,492 | $19.4M | 0.07% | +14,968+10.8% | Added |
| Raymond James Financial Inc | 150,098 | $19.0M | 0.01% | −31,117−17.2% | Reduced |
| Lido Advisors, LLC | 149,882 | $19.0M | 0.07% | +593+0.4% | Added |
| D. E. Shaw & Co., Inc. | 148,630 | $18.8M | 0.01% | +13,352+9.9% | Added |
| Citadel Advisors LLC | 146,842 | $18.6M | 0.01% | +69,223+89.2% | Added |
| UBS Asset Management Americas Inc | 140,188 | $17.8M | 0.00% | −4,494−3.1% | Reduced |
| Invesco Ltd. | 139,371 | $17.6M | 0.00% | +15,606+12.6% | Added |
| Barclays PLC | 138,691 | $17.6M | 0.01% | +30,309+28.0% | Added |
| Wellington Management Group LLP | 134,356 | $17.0M | 0.00% | −87,421−39.4% | Reduced |
| Verition Fund Management LLC | 130,944 | $16.6M | 0.09% | +45,254+52.8% | Added |
| Renaissance Technologies LLC | 130,200 | $16.5M | 0.03% | −8,200−5.9% | Reduced |
| Ceredex Value Advisors LLC | 127,950 | $16.2M | 0.49% | +18,500+16.9% | Added |
| Swiss National Bank | 120,500 | $15.3M | 0.01% | +2,100+1.8% | Added |
| AQR Capital Management LLC | 113,300 | $14.3M | 0.01% | +5,341+4.9% | Added |
| Campbell & CO Investment Adviser LLC | 110,067 | $13.9M | 0.67% | +110,067 | New |
| Trexquant Investment LP | 105,908 | $13.4M | 0.12% | +91,433+631.7% | Added |
| California Public Employees Retirement System | 105,087 | $13.3M | 0.01% | −683−0.6% | Reduced |
| Squarepoint Ops LLC | 102,467 | $13.0M | 0.03% | +68,370+200.5% | Added |
| M&T Bank Corp | 96,378 | $12.2M | 0.04% | +214+0.2% | Added |
| Russell Investments Group, Ltd. | 96,013 | $12.2M | 0.01% | −3,357−3.4% | Reduced |
| Legal & General Group Plc | 91,970 | $11.6M | 0.00% | −5,202−5.4% | Reduced |
| First National Bank of Omaha | 88,389 | $11.2M | 0.33% | −13,810−13.5% | Reduced |
| Commonwealth Equity Services, LLC | 86,587 | $11.0M | 0.01% | +365+0.4% | Added |
| Alliancebernstein L.P. | 79,592 | $10.1M | 0.00% | −54,504−40.6% | Reduced |
| Nuveen, LLC | 77,477 | $9.81M | 0.00% | +373+0.5% | Added |
| New York State Teachers Retirement System | 75,632 | $9.58M | 0.02% | −100−0.1% | Reduced |
| Whittier Trust Co | 66,774 | $9.02M | 0.10% | +47+0.1% | Added |
| Martin Capital Partners, LLC | 70,133 | $8.88M | 3.34% | +4,164+6.3% | Added |
| HSBC Holdings PLC | 67,379 | $8.56M | 0.00% | +31,101+85.7% | Added |
| Rafferty Asset Management, LLC | 64,815 | $8.21M | 0.03% | −12,149−15.8% | Reduced |
| Cerity Partners LLC | 63,511 | $8.04M | 0.01% | +2,790+4.6% | Added |
| Stifel Financial Corp | 63,005 | $7.98M | 0.01% | +2,309+3.8% | Added |
| LPL Financial LLC | 62,734 | $7.94M | 0.00% | +3,946+6.7% | Added |
| Hilton Capital Management, LLC | 59,625 | $7.55M | 0.57% | +3,424+6.1% | Added |
| California State Teachers Retirement System | 57,805 | $7.32M | 0.01% | +1,634+2.9% | Added |
| Jane Street Group, LLC | 55,341 | $7.01M | 0.01% | +43,758+377.8% | Added |
| Citigroup Inc | 54,601 | $6.91M | 0.00% | +917+1.7% | Added |
| Lawson Kroeker Investment Management Inc | 53,723 | $6.80M | 2.02% | −236−0.4% | Reduced |
| Greenfield Seitz Capital Management, LLC | 53,689 | $6.80M | 2.23% | −74−0.1% | Reduced |
| Rowland & Co Investment Counsel | 53,628 | $6.79M | 1.31% | −76−0.1% | Reduced |
| Argent Trust Co | 52,893 | $6.70M | 0.23% | −618−1.2% | Reduced |
| Price T Rowe Associates Inc | 51,593 | $6.53M | 0.00% | +2,339+4.7% | Added |
| CI Private Wealth, LLC | 50,560 | $6.40M | 0.01% | +33,697+199.8% | Added |
| Franklin Resources Inc | 47,608 | $6.03M | 0.00% | −1,411−2.9% | Reduced |
| Oak Harvest Investment Services | 46,049 | $5.83M | 0.64% | +2,007+4.6% | Added |
| CBOE Vest Financial, LLC | 45,963 | $5.82M | 0.07% | +6,442+16.3% | Added |