CULLEN/FROST BANKERS, INC.CULLEN/FROST BANKERS, INC.

Institutional investor · Portfolio as of Q2 2024

SEC EDGAR SourceSEC Filings
$6.9B
AUM
1,241
Positions
Q2 2024
Filing
Rating · 3.0
Quarterly Portfolio Change
+4%Q1'23$5.5B+8%Q2'23$5.9B-2%Q3'23$5.7B+11%Q4'23$6.4B+6%Q1'24$6.7B+2%Q2'24$6.9B
Activity profile
$ moved · Q2'24
New2%Increased42%Decreased54%Exited2%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 3.7 years
<1Q14%1-4Q4%1-2Y6%2Y+76%

CULLEN/FROST BANKERS, INC. manages $6.9B across 1241 positions as of Q2 2024. Top holdings: MSFT (6.2%), AAPL (6.0%), VUG (3.1%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 3/5.0.

Q2 2024 Summary

Active quarter - 336 new positions, 101 exits, 332 increased. Top move: NVDA (INCREASED, conviction 84). Portfolio: $6.9B across 1241 positions.

Top holdings by portfolio weight

Total AUM$7B
MSFT6.22%
AAPL6.03%
VUG3.13%
AMZN2.75%
NVDA2.73%
IWF2.21%
GOOGL1.73%
EFA1.68%
GOOG1.54%
EMXC1.53%
Other1.47%

Portfolio allocation by GICS sector

Sectors11
Unknown26.48%
Technology24.01%
Financial Services9.75%
Healthcare9.25%
Consumer Cyclical8.17%
Communication Services6.73%
Consumer Defensive4.78%
Industrials4.43%
Energy3.16%
Basic Materials1.22%
Other2.02%

Behavioral investing profile

Balanced Allocator87%- primarily Unknown, Technology
Compare DNA across all funds
7-dimension quality assessment
Solid(3.0 / 5.0)
Track Record63
Conviction38
Concentration0
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Holdings1,241 positions

Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction

MICROSOFT CORP

960,291$429.2M6.2%$132.43+233.76%
22 qtrssince 2019-Q1
Decreased
0

APPLE INC

2M$416.6M6.0%$101.38+106.16%
22 qtrssince 2019-Q1
Decreased
0
VUGVUG
ETF

Vanguard Index Funds GROWTH ETF

578,217$216.3M3.1%$242.64+53.07%
22 qtrssince 2019-Q1
Increased
59

AMAZON COM INC

984,123$190.2M2.8%$103.77+86.24%
22 qtrssince 2019-Q1
Decreased
0

NVIDIA CORPORATION

1.5M$188.3M2.7%$112.88+9.40%
22 qtrssince 2019-Q1
Increased
84
IWFIWF
ETF

iShares Trust RUS 1000 GRW ETF

419,259$152.8M2.2%$195.23+85.50%
22 qtrssince 2019-Q1
Decreased
0

ALPHABET INC

655,242$119.4M1.7%$95.74+89.05%
22 qtrssince 2019-Q1
Increased
48
EFAEFA
ETF

iShares Trust MSCI EAFE ETF

1.5M$116M1.7%$59.92+24.52%
22 qtrssince 2019-Q1
Decreased
0

ALPHABET INC

578,070$106M1.5%$95.19+91.48%
22 qtrssince 2019-Q1
Decreased
0
EMXCEMXC
ETF

ISHARES INC

1.8M$105.3M1.5%$55.66+1.41%
4 qtrssince 2023-Q3
Increased
76
SPYSPY
Unit

State Street Spdr S&p 500 Etf Trust TR UNIT

186,519$101.5M1.5%$323.90+65.01%
22 qtrssince 2019-Q1
Decreased
0
VOVO
ETF

VANGUARD INDEX FDS

415,819$100.7M1.5%$164.79+43.51%
22 qtrssince 2019-Q1
Increased
47
SCHDSCHD
ETF

SCHWAB STRATEGIC TR

1.3M$98.5M1.4%$22.36+9.51%
17 qtrssince 2020-Q2
Increased
47

VISA INC

355,728$93.4M1.4%$156.86+65.16%
22 qtrssince 2019-Q1
Decreased
0

ELI LILLY & CO

102,851$93.1M1.3%$165.66+439.94%
22 qtrssince 2019-Q1
Decreased
0
TLTTLT
ETF

ISHARES TR

1M$92.8M1.3%$85.33+0.17%
22 qtrssince 2019-Q1
Increased
53

META PLATFORMS INC

176,423$89M1.3%$216.26+132.01%
22 qtrssince 2019-Q1
Increased
53
VBVB
ETF

VANGUARD INDEX FDS

387,946$84.6M1.2%$174.40+22.45%
22 qtrssince 2019-Q1
Increased
50

COSTCO WHOLESALE CORPORATION

99,027$84.2M1.2%$230.90+264.70%
22 qtrssince 2019-Q1
Decreased
0
IWPIWP
ETF

iShares Trust RUS MD CP GR ETF

737,351$81.4M1.2%$94.19+16.45%
22 qtrssince 2019-Q1
Increased
47
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Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

Security
7Q
14020Y508CAPITAL GRP FIXED INCM ETF T
Q3 2024 Q1 2026+139,752 shares+$3.7M
7Q
CGGRCAPITAL GROUP GROWTH ETF
Q3 2024 Q1 2026+105,186 shares+$4.4M
7Q
CGUSCAPITAL GROUP CORE EQUITY ET
Q3 2024 Q1 2026+174,945 shares+$6.8M

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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