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 |
|---|---|---|---|---|---|
| Illinois Municipal Retirement Fund | 7,815 | $989.6K | 0.01% | −4,613−37.1% | Reduced |
| Mercer Global Advisors Inc | 7,851 | $994.2K | 0.00% | +1,212+18.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 7,891 | $999.0K | 0.00% | +7,891 | New |
| GAMMA Investing LLC | 7,968 | $1.01M | 0.05% | −81−1.0% | Reduced |
| Engineers Gate Manager LP | 8,110 | $1.03M | 0.01% | +8,110 | New |
| Stephens Inc | 8,196 | $1.04M | 0.01% | −41−0.5% | Reduced |
| Assetmark, Inc | 8,238 | $1.04M | 0.00% | −983−10.7% | Reduced |
| Teacher Retirement System of Texas | 8,262 | $1.05M | 0.00% | −7,671−48.1% | Reduced |
| Atom Investors LP | 8,344 | $1.06M | 0.08% | −1,207−12.6% | Reduced |
| Pictet Asset Management Holding SA | 8,564 | $1.08M | 0.00% | +405+5.0% | Added |
| M.E. Allison & Co., Inc. | 8,734 | $1.11M | 0.75% | 00.0% | Unchanged |
| New Age Alpha Advisors, LLC | 8,758 | $1.11M | 0.05% | −3,423−28.1% | Reduced |
| Balyasny Asset Management LLC | 8,975 | $1.14M | 0.00% | +653+7.8% | Added |
| Marshall Financial Group LLC | 9,015 | $1.14M | 0.22% | +9,015 | New |
| Centennial Bank | 9,075 | $1.15M | 0.46% | 00.0% | Unchanged |
| Victory Capital Management Inc | 9,161 | $1.16M | 0.00% | −244−2.6% | Reduced |
| Eight 31 Financial LLC | 9,250 | $1.17M | 0.64% | 00.0% | Unchanged |
| Beck Bode, LLC | 9,289 | $1.18M | 0.20% | −541−5.5% | Reduced |
| First Manhattan Co | 9,473 | $1.20M | 0.00% | +40+0.4% | Added |
| Atria Investments LLC | 9,577 | $1.21M | 0.01% | −3,383−26.1% | Reduced |
| Monticello Wealth Management, LLC | 9,716 | $1.23M | 0.08% | +820+9.2% | Added |
| Utah Retirement Systems | 9,796 | $1.24M | 0.01% | 00.0% | Unchanged |
| Anchor Investment Management, LLC | 9,800 | $1.24M | 0.10% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 9,846 | $1.25M | 0.00% | −2,638−21.1% | Reduced |
| Oppenheimer Asset Management Inc. | 10,078 | $1.28M | 0.02% | −808−7.4% | Reduced |
| ISAM Funds (UK) Ltd | 10,257 | $1.30M | 0.47% | +10,257 | New |
| South Dakota Investment Council | 10,385 | $1.31M | 0.03% | −1,500−12.6% | Reduced |
| Zurich Insurance Group Ltd | 10,800 | $1.37M | 0.01% | 00.0% | Unchanged |
| Elo Mutual Pension Insurance Co | 11,020 | $1.40M | 0.02% | +11,020 | New |
| Bank of Montreal | 11,613 | $1.47M | 0.00% | −4,493−27.9% | Reduced |
| Commerce Bank | 11,861 | $1.50M | 0.01% | −40−0.3% | Reduced |
| Holocene Advisors, LP | 11,940 | $1.51M | 0.00% | +11,940 | New |
| Lazard Asset Management LLC | 12,683 | $1.61M | 0.00% | +12,683 | New |
| Oregon Public Employees Retirement Fund | 12,821 | $1.62M | 0.02% | −160−1.2% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 12,823 | $1.62M | 0.00% | +393+3.2% | Added |
| KLP Kapitalforvaltning AS | 13,100 | $1.66M | 0.01% | +400+3.1% | Added |
| Carlson Capital L P | 13,100 | $1.66M | 0.80% | +2,200+20.2% | Added |
| New Mexico Educational Retirement Board | 13,100 | $1.66M | 0.05% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 12,323 | $1.66M | 0.00% | +1,520+14.1% | Added |
| Cetera Investment Advisers | 13,158 | $1.67M | 0.00% | −955−6.8% | Reduced |
| DB&C Advisors, LLC | 13,250 | $1.68M | 2.10% | +13,250 | New |
| Susquehanna International Group, LLP | 13,616 | $1.72M | 0.00% | −14,630−51.8% | Reduced |
| BNP Paribas Arbitrage, SA | 13,666 | $1.73M | 0.00% | −18,004−56.8% | Reduced |
| Diversified Trust Co | 13,868 | $1.76M | 0.03% | +74+0.5% | Added |
| Neville Rodie & Shaw Inc | 13,974 | $1.77M | 0.12% | 00.0% | Unchanged |
| Tudor Investment Corp Et Al | 14,166 | $1.79M | 0.01% | −28,870−67.1% | Reduced |
| HighTower Advisors, LLC | 14,252 | $1.80M | 0.00% | −210−1.5% | Reduced |
| Fieldview Capital Management, LLC | 14,262 | $1.81M | 0.31% | +14,262 | New |
| Northwestern Mutual Investment Management Company, LLC | 14,305 | $1.81M | 0.02% | −33−0.2% | Reduced |
| Sanctuary Advisors, LLC | 14,307 | $1.81M | 0.01% | −187−1.3% | Reduced |
| Oak Thistle LLC | 14,485 | $1.83M | 0.25% | +14,485 | New |
| First American Bank | 14,809 | $1.88M | 0.11% | 00.0% | Unchanged |
| Fifth Third Bancorp | 14,813 | $1.88M | 0.01% | −27,633−65.1% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 15,044 | $1.90M | 0.01% | −11−0.1% | Reduced |
| State of Michigan Retirement System | 15,064 | $1.91M | 0.01% | −300−2.0% | Reduced |
| Jones Financial Companies LLLP | 15,186 | $1.92M | 0.00% | +5,770+61.3% | Added |
| Riverwater Partners LLC | 15,234 | $1.93M | 0.75% | +2,441+19.1% | Added |
| Creative Planning | 15,370 | $1.95M | 0.00% | +379+2.5% | Added |
| Summit Trail Advisors, LLC | 15,863 | $2.01M | 0.03% | +1,414+9.8% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 16,001 | $2.03M | 0.01% | −508−3.1% | Reduced |
| Capital Fund Management S.A. | 16,470 | $2.09M | 0.02% | −3,145−16.0% | Reduced |
| XTX Topco Ltd | 16,768 | $2.12M | 0.06% | +16,768 | New |
| Arizona State Retirement System | 16,950 | $2.15M | 0.01% | −1,122−6.2% | Reduced |
| Pathstone Holdings, LLC | 17,018 | $2.15M | 0.01% | −489−2.8% | Reduced |
| Captrust Financial Advisors | 17,270 | $2.19M | 0.00% | +5,112+42.0% | Added |
| Louisiana State Employees Retirement System | 17,700 | $2.24M | 0.04% | −200−1.1% | Reduced |
| State of New Jersey Common Pension Fund D | 17,901 | $2.27M | 0.01% | +1,050+6.2% | Added |
| Cardinal Capital Management | 18,134 | $2.30M | 0.30% | +98+0.5% | Added |
| Acadian Asset Management LLC | 18,377 | $2.33M | 0.00% | +18,377 | New |
| Public Employees Retirement System of Ohio | 18,472 | $2.34M | 0.01% | −679−3.5% | Reduced |
| Teachers Retirement System of the State of Kentucky | 19,374 | $2.45M | 0.02% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 20,194 | $2.56M | 0.00% | −380−1.8% | Reduced |
| Capitolis Liquid Global Markets LLC | 20,296 | $2.57M | 0.02% | +20,296 | New |
| Schonfeld Strategic Advisors LLC | 21,135 | $2.68M | 0.01% | −9,510−31.0% | Reduced |
| Truist Financial Corp | 21,333 | $2.70M | 0.00% | −18,973−47.1% | Reduced |
| Yousif Capital Management, LLC | 19,770 | $2.72M | 0.03% | −483−2.4% | Reduced |
| Concurrent Investment Advisors, LLC | 21,448 | $2.72M | 0.03% | +19,221+863.1% | Added |
| Brinker Capital Investments, LLC | 21,492 | $2.72M | 0.02% | −3,148−12.8% | Reduced |
| WealthPLAN Partners, LLC | 22,227 | $2.81M | 0.42% | −2,167−8.9% | Reduced |
| Handelsbanken Fonder AB | 22,616 | $2.86M | 0.01% | +3,900+20.8% | Added |
| Comerica Bank | 22,988 | $2.91M | 0.01% | −1,877−7.5% | Reduced |
| Gabelli Funds LLC | 23,200 | $2.94M | 0.02% | 00.0% | Unchanged |
| Toroso Investments, LLC | 23,745 | $3.01M | 0.01% | +1,875+8.6% | Added |
| First National Advisers, LLC | 24,512 | $3.10M | 0.43% | −3,480−12.4% | Reduced |
| Brandywine Global Investment Management, LLC | 24,755 | $3.13M | 0.02% | −759−3.0% | Reduced |
| Sciencast Management LP | 24,871 | $3.15M | 0.44% | +16,888+211.5% | Added |
| Treasurer of the State of North Carolina | 24,905 | $3.15M | 0.01% | −1,829−6.8% | Reduced |
| RE Advisers Corp | 25,400 | $3.22M | 0.09% | +25,400 | New |
| Police & Firemen's Retirement System of New Jersey | 25,519 | $3.23M | 0.03% | −977−3.7% | Reduced |
| The PNC Financial Services Group, Inc. | 26,169 | $3.31M | 0.00% | −3,322−11.3% | Reduced |
| Callahan Advisors, LLC | 26,333 | $3.33M | 0.27% | −664−2.5% | Reduced |
| Mutual of America Capital Management LLC | 26,611 | $3.37M | 0.04% | −3,096−10.4% | Reduced |
| JB Capital LLC | 26,975 | $3.42M | 0.14% | +3,004+12.5% | Added |
| EFG International AG | 27,015 | $3.42M | 0.07% | +27,015 | New |
| State of Tennessee, Treasury Department | 25,253 | $3.48M | 0.01% | −1,081−4.1% | Reduced |
| Janney Montgomery Scott LLC | 27,512 | $3.48M | 0.01% | +2,426+9.7% | Added |
| Lathrop Investment Management Corp | 27,586 | $3.49M | 0.63% | −1,378−4.8% | Reduced |
| Ameritas Investment Partners, Inc. | 28,228 | $3.57M | 0.11% | −1,158−3.9% | Reduced |
| Amalgamated Bank | 28,331 | $3.59M | 0.03% | −715−2.5% | Reduced |
| HRT Financial LP | 28,664 | $3.63M | 0.01% | −3,918−12.0% | Reduced |