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

Institutional investor · Portfolio as of Q4 2024

SEC EDGAR SourceSEC Filings
$7.3B
AUM
1,348
Positions
Q4 2024
Filing
Rating · 3.0
Quarterly Portfolio Change
-2%Q3'23$5.7B+11%Q4'23$6.4B+6%Q1'24$6.7B+2%Q2'24$6.9B+6%Q3'24$7.3B-0%Q4'24$7.3B
Activity profile
$ moved · Q4'24
New1%Increased36%Decreased61%Exited1%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 3.9 years
<1Q9%1-4Q12%1-2Y5%2Y+73%

CULLEN/FROST BANKERS, INC. manages $7.3B across 1348 positions as of Q4 2024. Top holdings: AAPL (6.5%), MSFT (5.5%), VUG (3.2%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 3/5.0.

Q4 2024 Summary

Active quarter - 282 new positions, 150 exits, 482 increased. Top move: SCHD (INCREASED, conviction 76). Portfolio: $7.3B across 1348 positions.

Top holdings by portfolio weight

Total AUM$7B
AAPL6.52%
MSFT5.51%
VUG3.23%
AMZN2.93%
NVDA2.91%
IWF2.08%
EMXC1.72%
AVGO1.66%
GOOGL1.65%
EFA1.65%
Other1.56%

Portfolio allocation by GICS sector

Sectors11
Unknown26.51%
Technology24.53%
Financial Services10.65%
Consumer Cyclical8.45%
Healthcare8.05%
Communication Services6.96%
Consumer Defensive4.71%
Industrials4.45%
Energy2.27%
Basic Materials1.31%
Other2.11%

Behavioral investing profile

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.

Holdings1,348 positions

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

APPLE INC

1.9M$477M6.5%$101.38+147.43%
24 qtrssince 2019-Q1
Decreased
0

MICROSOFT CORP

957,150$403.4M5.5%$135.67+210.84%
24 qtrssince 2019-Q1
Decreased
0
VUGVUG
ETF

Vanguard Index Funds GROWTH ETF

576,039$236.4M3.2%$243.69+69.19%
24 qtrssince 2019-Q1
Decreased
0

AMAZON COM INC

976,567$214.2M2.9%$103.77+113.27%
24 qtrssince 2019-Q1
Decreased
0

NVIDIA CORPORATION

1.6M$212.6M2.9%$113.20+21.42%
24 qtrssince 2019-Q1
Increased
52
IWFIWF
ETF

iShares Trust RUS 1000 GRW ETF

378,579$152M2.1%$195.23+106.73%
24 qtrssince 2019-Q1
Decreased
0
EMXCEMXC
ETF

ISHARES INC

2.3M$125.8M1.7%$56.12-4.05%
6 qtrssince 2023-Q3
Increased
51

BROADCOM INC

523,022$121.3M1.7%$162.24+43.90%
24 qtrssince 2019-Q1
Decreased
0

ALPHABET INC

637,647$120.7M1.6%$95.74+98.97%
24 qtrssince 2019-Q1
Decreased
0
EFAEFA
ETF

iShares Trust MSCI EAFE ETF

1.6M$120.4M1.6%$61.05+19.57%
24 qtrssince 2019-Q1
Increased
49

META PLATFORMS INC

195,000$114.2M1.6%$249.91+135.83%
24 qtrssince 2019-Q1
Increased
48
SCHDSCHD
ETF

SCHWAB STRATEGIC TR

4.1M$112.3M1.5%$25.03+4.66%
19 qtrssince 2020-Q2
Increased
76

VISA INC

354,164$111.9M1.5%$156.91+99.13%
24 qtrssince 2019-Q1
Decreased
0
SPYSPY
Unit

State Street Spdr S&p 500 Etf Trust TR UNIT

190,946$111.9M1.5%$331.62+75.32%
24 qtrssince 2019-Q1
Decreased
0

ALPHABET INC

567,869$108.1M1.5%$95.19+101.65%
24 qtrssince 2019-Q1
Decreased
0
VBVB
ETF

VANGUARD INDEX FDS

448,354$107.7M1.5%$182.54+29.69%
24 qtrssince 2019-Q1
Increased
51
VOVO
ETF

VANGUARD INDEX FDS

403,082$106.5M1.5%$165.78+56.85%
24 qtrssince 2019-Q1
Increased
48

JPMORGAN CHASE & CO

392,775$94.2M1.3%$89.69+160.13%
24 qtrssince 2019-Q1
Increased
47
IWPIWP
ETF

iShares Trust RUS MD CP GR ETF

742,700$94.1M1.3%$94.46+34.48%
24 qtrssince 2019-Q1
Decreased
0

COSTCO WHOLESALE CORPORATION

96,271$88.2M1.2%$230.90+296.78%
24 qtrssince 2019-Q1
Decreased
0
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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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