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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 2026

Institutional positions in Cullen/Frost Bankers, Inc. as of Mar 31, 2026. 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
543
+23 vs. Q4 2025
Shares held
55.0M
+7.26M (+15.2%) vs. Q4 2025
Total value
$7.54B
+$1.49B (+24.6%) vs. Q4 2025
New holders
81
185 more added
Sold out
58
172 more reduced

9 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 543 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 2026: $7.54B
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 2026

Shares, value and share of portfolio for each institution holding Cullen/Frost Bankers, Inc.; share changes are against Q4 2025.

Institutions holding CFR in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.7,079,815$970.5M0.02%+35,250+0.5%Added
Aristotle Capital Management, LLC4,765,009$653.2M1.37%−245,169−4.9%Reduced
Vanguard Portfolio Management LLC3,224,819$442.1M0.02%+3,224,819New
State Street Corp3,099,936$424.9M0.01%−251,671−7.5%Reduced
Vanguard Capital Management LLC2,710,045$371.5M0.01%+2,710,045New
First Eagle Investment Management, LLC2,265,874$310.6M0.53%+2,265,874New
Dimensional Fund Advisors LP1,530,772$209.8M0.04%+236,808+18.3%Added
Geode Capital Management, LLC1,330,504$182.4M0.01%+106,239+8.7%Added
King Luther Capital Management Corp1,325,964$181.8M0.79%−6,355−0.5%Reduced
Bank of America Corp1,210,722$166.0M0.01%+127,483+11.8%Added
Boston Trust Walden Corp967,849$132.7M1.09%−75,905−7.3%Reduced
Northern Trust Corp945,979$129.7M0.02%−3,060−0.3%Reduced
Champlain Investment Partners, LLC855,190$117.2M1.49%−312,891−26.8%Reduced
Morgan Stanley852,041$116.8M0.01%+210,151+32.7%Added
First Trust Advisors LP789,930$108.3M0.08%+45,921+6.2%Added
Westwood Holdings Group Inc.743,728$102.0M0.74%−34,701−4.5%Reduced
Goldman Sachs Group Inc701,671$96.2M0.01%−34,053−4.6%Reduced
Principal Financial Group Inc662,327$90.8M0.05%−26,325−3.8%Reduced
Two Sigma Investments, LP659,939$90.5M0.08%+337,071+104.4%Added
Janus Henderson Group PLC647,235$88.7M0.04%−317,611−32.9%Reduced
William Blair Investment Management, LLC611,831$83.9M0.28%+611,831New
JPMorgan Chase & Co614,071$83.1M0.01%−47,701−7.2%Reduced
Charles Schwab Investment Management Inc552,937$75.8M0.01%+26,629+5.1%Added
Bank of New York Mellon Corp543,468$74.5M0.01%+3,755+0.7%Added
SEI Investments Co518,106$71.0M0.07%+13,460+2.7%Added
Manufacturers Life Insurance Company, The516,797$70.8M0.06%−105,747−17.0%Reduced
Wellington Management Group LLP500,090$68.6M0.01%+365,734+272.2%Added
Impax Asset Management Group plc493,040$67.6M0.47%−422,891−46.2%Reduced
Neuberger Berman Group LLC428,647$58.8M0.04%−366,245−46.1%Reduced
Artemis Investment Management LLP417,245$57.2M0.61%+417,245New
Royal Bank of Canada412,617$56.6M0.01%+5,517+1.4%Added
Alberta Investment Management Corp400,000$54.8M0.34%00.0%Unchanged
Vanguard Fiduciary Trust Co387,784$53.2M0.01%+387,784New
GW&K Investment Management, LLC376,177$51.6M0.45%−7,186−1.9%Reduced
Madison Asset Management, LLC335,573$46.0M0.57%−21,301−6.0%Reduced
Deprince Race & Zollo Inc328,489$45.0M0.85%+6,361+2.0%Added
Fiera Capital Corp320,712$44.0M0.15%+14,264+4.7%Added
Natixis Advisors, L.P.318,160$43.6M0.06%−55,213−14.8%Reduced
Vaughan Nelson Investment Management, L.P.309,967$42.5M0.43%−429,435−58.1%Reduced
FMR LLC306,301$42.0M0.00%−7,282−2.3%Reduced
Jacobs Levy Equity Management, Inc275,059$37.7M0.16%−14,500−5.0%Reduced
Envestnet Asset Management Inc269,891$37.0M0.01%+49,602+22.5%Added
UBS Group AG254,185$34.8M0.01%+2,549+1.0%Added
Jones Financial Companies LLLP254,775$34.1M0.02%+239,589+1,577.7%Added
TCTC Holdings, LLC219,887$30.1M0.86%+1,867+0.9%Added
Palisade Capital Management LLC219,375$30.1M1.00%−16,735−7.1%Reduced
D. E. Shaw & Co., Inc.208,509$28.6M0.02%+59,879+40.3%Added
Polaris Capital Management, LLC204,000$28.0M2.29%−10,500−4.9%Reduced
AQR Capital Management LLC202,650$27.7M0.01%+89,350+78.9%Added
Public Employees Retirement Association of Colorado198,050$27.1M0.11%00.0%Unchanged
Segall Bryant & Hamill, LLC188,407$25.8M0.37%+188,407New
ProShare Advisors LLC180,619$24.8M0.04%−87,575−32.7%Reduced
New York State Common Retirement Fund166,431$22.8M0.03%00.0%Unchanged
Retirement Systems of Alabama162,283$22.2M0.07%+744+0.5%Added
Rhumbline Advisers160,430$22.0M0.02%+1,519+1.0%Added
Ameriprise Financial Inc159,232$21.7M0.01%−6,755−4.1%Reduced
Lido Advisors, LLC149,982$20.6M0.08%+100+0.1%Added
Raymond James Financial Inc147,908$20.3M0.01%−2,190−1.5%Reduced
Wells Fargo & Company145,566$20.0M0.00%−11,576−7.4%Reduced
UBS Asset Management Americas Inc142,443$19.5M0.00%+2,255+1.6%Added
Invesco Ltd.131,392$18.0M0.00%−7,979−5.7%Reduced
Bessemer Group Inc126,245$17.3M0.03%−60,493−32.4%Reduced
Bartlett & Co. Wealth Management LLC121,037$16.9M0.22%−60,458−33.3%Reduced
Swiss National Bank120,100$16.5M0.01%−400−0.3%Reduced
California Public Employees Retirement System115,157$15.8M0.01%+10,070+9.6%Added
Ceredex Value Advisors LLC101,350$13.9M0.44%−26,600−20.8%Reduced
Russell Investments Group, Ltd.99,898$13.7M0.01%+3,885+4.0%Added
Barclays PLC95,728$13.1M0.00%−42,963−31.0%Reduced
M&T Bank Corp94,180$12.9M0.04%−2,198−2.3%Reduced
Bridgewater Associates, LP92,885$12.7M0.06%−60,607−39.5%Reduced
Renaissance Technologies LLC91,900$12.6M0.02%−38,300−29.4%Reduced
Commonwealth Equity Services, LLC88,757$12.2M0.02%+2,170+2.5%Added
Citadel Advisors LLC83,510$11.4M0.01%−63,332−43.1%Reduced
Legal & General Group Plc81,867$11.2M0.00%−10,103−11.0%Reduced
Nuveen, LLC80,910$11.1M0.00%+3,433+4.4%Added
Whittier Trust Co73,835$10.3M0.12%+7,061+10.6%Added
New York State Teachers Retirement System73,478$10.1M0.02%−2,154−2.8%Reduced
California State Teachers Retirement System72,412$9.93M0.01%+14,607+25.3%Added
Cerity Partners LLC72,096$9.88M0.01%+8,585+13.5%Added
Alliancebernstein L.P.77,825$9.85M0.00%−1,767−2.2%Reduced
Franklin Resources Inc71,132$9.75M0.00%+23,524+49.4%Added
Martin Capital Partners, LLC69,950$9.59M3.56%−183−0.3%Reduced
Hilton Capital Management, LLC64,838$8.89M0.67%+5,213+8.7%Added
LPL Financial LLC64,502$8.84M0.00%+1,768+2.8%Added
SG Americas Securities, LLC61,900$8.48M0.01%+17,447+39.2%Added
Stifel Financial Corp61,034$8.37M0.01%−1,971−3.1%Reduced
Price T Rowe Associates Inc57,233$7.85M0.00%+5,640+10.9%Added
Lawson Kroeker Investment Management Inc53,647$7.35M2.14%−76−0.1%Reduced
CBOE Vest Financial, LLC53,378$7.32M0.09%+7,415+16.1%Added
Greenfield Seitz Capital Management, LLC53,311$7.31M2.20%−378−0.7%Reduced
Vanguard Asset Management, Ltd53,074$7.28M0.01%+53,074New
Argent Trust Co51,693$7.09M0.24%−1,200−2.3%Reduced
Rowland & Co Investment Counsel51,588$7.07M1.43%−2,040−3.8%Reduced
American Century Companies Inc49,938$6.85M0.00%+8,829+21.5%Added
Oak Harvest Investment Services48,509$6.65M0.69%+2,460+5.3%Added
STRS Ohio45,722$6.27M0.02%−20.0%Reduced
Quantinno Capital Management LP42,845$5.87M0.01%+8,001+23.0%Added
Mairs & Power Inc42,696$5.85M0.06%−35−0.1%Reduced
Citigroup Inc41,922$5.75M0.00%−12,679−23.2%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH40,498$5.55M0.01%−1,016−2.4%Reduced