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CULLEN/FROST BANKERS, INC.

Period ended Sep 30, 2026 · Latest filing Oct 28, 2026

These quarterly holdings are delayed and may not include all assets or short positions. Values are from the reporting date, not current prices or purchase costs. The same security may appear in multiple rows.

Source: SEC

Reported portfolio value

Quarter-end reported holdings; not current value or investment performance.

View reported values
  • Sep 30, 2026: $10,215,112,934

More quarters will appear as history becomes available.

Top holdings

Top 10 at Sep 30, 2026. Matching entries are combined; security classes and options remain separate. Shares exclude principal amounts; option shares reflect the reported underlying amount.

View top holdings values
  1. APPLE INC COM · DOMESTIC COMMON STOCK · 037833100 · shares: $621,597,241
  2. MICROSOFT CORP COM · DOMESTIC COMMON STOCK · 594918104 · shares: $461,744,870
  3. PUTNAM ETF TRUST FOCUSED LAR CAP · DOMESTIC LARGE CAP FUND-ETF · 746729300 · shares: $459,267,206
  4. NVIDIA CORPORATION COM · DOMESTIC COMMON STOCK · 67066G104 · shares: $406,354,793
  5. VANGUARD INDEX FDS MRNGSTR GRWT ETF · DOMESTIC LARGE CAP FUND-ETF · 922908736 · shares: $371,482,146
  6. ISHARES INC MSCI EMRG CHN · INTL EMERGING MKTS FUND-ETF · 46434G764 · shares: $305,140,517
  7. AMAZON COM INC COM · DOMESTIC COMMON STOCK · 023135106 · shares: $225,461,516
  8. ALPHABET INC CAP STK CL A · DOMESTIC COMMON STOCK · 02079K305 · shares: $213,130,978
  9. ISHARES TR MSCI EAFE ETF · INTL DEVELOPED MKTS FUND-ETF · 464287465 · shares: $210,364,974
  10. BROADCOM INC COM · DOMESTIC COMMON STOCK · 11135F101 · shares: $192,169,686

Reported holdings

1,477 reported entries
IssuerClassCUSIPTypeShares / principalReported value (USD)
ACADEMY SPORTS & OUTDOORS IN COMDOMESTIC COMMON STOCK00402L107 — 8,197 shares $394,194
WARNER BROS DISCOVERY INC COM SER ADOMESTIC COMMON STOCK934423104 — 12,709 shares $393,344
VANGUARD MUN BD FDS LONG TERM TAX EXDOMESTIC TAX EX INVT GRADE-ETF922907688 — 4,000 shares $384,320
NVR INC COMDOMESTIC COMMON STOCK62944T105 — 62 shares $381,572
METLIFE INC COMDOMESTIC COMMON STOCK59156R108 — 3,937 shares $370,691
GARTNER INC COMDOMESTIC COMMON STOCK366651107 — 1,987 shares $370,655
OGE ENERGY CORP COMDOMESTIC COMMON STOCK670837103 — 8,110 shares $368,356
HP INC COMDOMESTIC COMMON STOCK40434L105 — 11,694 shares $365,797
DIAGEO PLC SPON ADR NEWINTL COMMON STOCK25243Q205 — 4,254 shares $364,115
CHURCH & DWIGHT CO INC COMDOMESTIC COMMON STOCK171340102 — 3,813 shares $359,273
ISHARES TR PFD AND INCM SECDOMESTIC TAXABLE HIGH YIELD FUND-ETF464288687 — 12,139 shares $358,106
INVESCO EXCH TRADED FD TR II S&P INTL MOMNTEQUITIES46138E222 — 5,861 shares $357,764
WEYERHAEUSER CO COM NEWDOMESTIC REITS962166104 — 18,777 shares $357,702
AMERICAN CENTY ETF TR US SML CP VALUEQUITIES025072877 — 3,023 shares $356,017
INVESCO EXCH TRADED FD TR II S&P 500 MOMNTMEQUITIES46138E339 — 2,337 shares $354,303
WATERS CORP COMDOMESTIC COMMON STOCK941848103 — 781 shares $343,164
CADENCE DESIGN SYSTEM INC COMDOMESTIC COMMON STOCK127387108 — 1,039 shares $343,062
RALPH LAUREN CORP CL ADOMESTIC COMMON STOCK751212101 — 961 shares $341,222
GODADDY INC CL ADOMESTIC COMMON STOCK380237107 — 3,550 shares $339,061
BAXTER INTL INC COMDOMESTIC COMMON STOCK071813109 — 14,098 shares $338,350
ETF SER SOLUTIONS AAM LW DUR PFDEQUITIES26922A198 — 17,730 shares $338,295
BHP BILLITON LIMITED SPONSORED ADSINTL COMMON STOCK088606108 — 3,960 shares $335,966
ENCOMPASS HEALTH CORP COMDOMESTIC COMMON STOCK29261A100 — 2,730 shares $331,668
PARKER-HANNIFIN CORP COMDOMESTIC COMMON STOCK701094104 — 345 shares $329,169
HOWMET AEROSPACE INC COMDOMESTIC COMMON STOCK443201108 — 1,454 shares $328,954
FIRST TR EXCH TRADED FD III MANAGD MUN ETFEQUITIES33739N108 — 6,834 shares $327,088
FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIVEQUITIES33738R506 — 4,153 shares $325,116
ARK ETF TR INNOVATION ETFDOMESTIC MULTI CAP FUND-ETF00214Q104 — 3,644 shares $324,680
DIMENSIONAL ETF TRUST INTL CORE EQT MKINTL DEVELOPED MKTS FUND-ETF25434V203 — 7,807 shares $323,444
LENNOX INTL INC COMDOMESTIC COMMON STOCK526107107 — 902 shares $320,110
PPL CORP COMDOMESTIC COMMON STOCK69351T106 — 9,643 shares $317,165
BERKLEY W R CORP COMDOMESTIC COMMON STOCK084423102 — 4,688 shares $316,647
WATSCO INC COMDOMESTIC COMMON STOCK942622200 — 1,043 shares $315,706
PULTE GROUP INC COMDOMESTIC COMMON STOCK745867101 — 2,672 shares $310,103
ALPS ETF TR ALERIAN MLPDOMESTIC SECTOR FUND-ETF00162Q452 — 5,970 shares $309,664
GENERAL MILLS INC COMDOMESTIC COMMON STOCK370334104 — 9,577 shares $308,001
VERALTO CORP COM SHSDOMESTIC COMMON STOCK92338C103 — 3,258 shares $307,334
SPDR SERIES TRUST ST STR P500VALEQUITIES78464A508 — 5,026 shares $307,239
WARNER MUSIC GROUP CORP COM CL ADOMESTIC COMMON STOCK934550203 — 11,123 shares $307,106
INVESCO EXCH TRADED FD TR II SR LN ETFDOMESTIC TAXABLE HIGH YIELD FUND-ETF46138G508 — 15,024 shares $306,945
EXPAND ENERGY CORPORATION COMDOMESTIC COMMON STOCK165167735 — 3,631 shares $305,289
TREX INC COMDOMESTIC COMMON STOCK89531P105 — 7,006 shares $305,160
INVESCO ACTIVELY MANAGED EXC AAA CLO FLTNG RTDOMESTIC TAXABLE INVT GRADE-ETF46090A721 — 11,599 shares $296,811
SELECT SECTOR SPDR TR ST STR STAPL ETFDOMESTIC SECTOR FUND-ETF81369Y308 — 3,652 shares $294,351
ITT INC COMDOMESTIC COMMON STOCK45073V108 — 1,455 shares $293,650
SOUTHWEST AIRLS CO COMDOMESTIC COMMON STOCK844741108 — 7,044 shares $293,326
REGIONS FINANCIAL CORP NEW COMDOMESTIC COMMON STOCK7591EP100 — 10,899 shares $292,965
PGIM ETF TR PGIM ULTRA SH BDGLOBAL TAXABLE BOND FUND-ETF69344A107 — 5,841 shares $288,897
FIRST TR EXCHANGE-TRADED FD GROWTH STRENGTHEQUITIES33733E823 — 7,379 shares $279,821
RBB FD INC US TREASY 2 YRDOMESTIC TAXABLE INVT GRADE-ETF74933W486 — 5,750 shares $272,205
KRAFT HEINZ CO COMDOMESTIC COMMON STOCK500754106 — 11,958 shares $271,681
MOBILITY GLOBAL INC COM SHSDOMESTIC COMMON STOCK60744M106 — 15,730 shares $269,770
FIRST TR EXCHANGE-TRADED ALP COM SHSEQUITIES33733F101 — 1,488 shares $269,672
PROSHARES TR S&P MDCP 400 DIVEQUITIES74347B680 — 3,113 shares $269,232
INVESCO EXCHANGE TRADED FD T LARG CAP GRO ETFEQUITIES46137V746 — 1,658 shares $268,845
BRIGHTSPRING HEALTH SVCS INC COMDOMESTIC COMMON STOCK10950A106 — 4,662 shares $264,569
DXC TECHNOLOGY CO COMDOMESTIC COMMON STOCK23355L106 — 24,346 shares $263,667
ISHARES INC MSCI HONG KG ETFEQUITIES464286871 — 11,907 shares $263,264
CROWDSTRIKE HLDGS INC CL ADOMESTIC COMMON STOCK22788C105 — 988 shares $261,573
ALBEMARLE CORP COMDOMESTIC COMMON STOCK012653101 — 2,413 shares $255,247
MAIN STR CAP CORP COMDOMESTIC COMMON STOCK56035L104 — 4,602 shares $253,340
FIDELITY COVINGTON TRUST ENHANCED LARGEEQUITIES316092113 — 5,799 shares $251,227
ISHARES GOLD TRUST MICRO SHS REPSTG UN TREQUITIES46436F103 — 5,965 shares $247,070
MATTEL INC COMDOMESTIC COMMON STOCK577081102 — 19,500 shares $246,870
GARMIN LTD SHSINTL COMMON STOCKH2906T109 — 852 shares $244,440
WOODSIDE ENERGY GROUP LTD SPONSORED ADRINTL COMMON STOCK980228308 — 11,000 shares $243,870
FORTIVE CORP COMDOMESTIC COMMON STOCK34959J108 — 4,400 shares $241,163
SPDR SERIES TRUST ST STR P500GRWEQUITIES78464A409 — 1,951 shares $240,172
CORTEVA INC COMDOMESTIC COMMON STOCK22052L104 — 3,032 shares $235,402
VANECK ETF TRUST JP MRGAN EM LOCEQUITIES92189H300 — 9,453 shares $234,714
DOVER CORP COMDOMESTIC COMMON STOCK260003108 — 1,250 shares $233,861
VERISK ANALYTICS INC COMDOMESTIC COMMON STOCK92345Y106 — 1,390 shares $233,363
ISHARES TR 3 7 YR TREAS BDEQUITIES464288661 — 2,029 shares $230,152
ALLIANT ENERGY CORP COMDOMESTIC COMMON STOCK018802108 — 3,633 shares $229,969
FIRST TR EXCHANGE-TRADED ALP COM SHSEQUITIES33735J101 — 2,393 shares $228,075
VICTORY PORTFOLIOS II SHS FR CA FL ETFDOMESTIC LARGE CAP FUND-ETF92647X830 — 4,413 shares $225,901
COMFORT SYS USA INC COMDOMESTIC COMMON STOCK199908104 — 136 shares $225,284
MOTOROLA SOLUTIONS INC COM NEWDOMESTIC COMMON STOCK620076307 — 503 shares $224,298
FIFTH THIRD BANCORP COMDOMESTIC COMMON STOCK316773100 — 4,420 shares $223,572
TE CONNECTIVITY PLC ORD SHSINTL COMMON STOCKG87052109 — 1,051 shares $221,804
FIRST TR EXCHANGE-TRADED FD CAP STRENGTH ETFDOMESTIC LARGE CAP FUND-ETF33733E104 — 2,358 shares $221,294
SBA COMMUNICATIONS CORP CL ADOMESTIC REITS78410G104 — 1,380 shares $220,966
XCEL ENERGY INC COMDOMESTIC COMMON STOCK98389B100 — 3,135 shares $220,955
CF INDUSTRIES HOLD COMDOMESTIC COMMON STOCK125269100 — 1,915 shares $220,557
CONSTELLATION ENERGY CORP COMDOMESTIC COMMON STOCK21037T109 — 866 shares $220,049
SCHWAB STRATEGIC TR FUNDAMENTAL INTLINTL DEVELOPED MKTS FUND-ETF808524755 — 4,072 shares $218,870
FIDELITY COVINGTON TRUST ENHANCED LARGEEQUITIES31609A305 — 4,817 shares $217,197
TARGA RES CORP COMDOMESTIC COMMON STOCK87612G101 — 802 shares $216,789
FIDELITY NATL FINL INC COM SHSDOMESTIC COMMON STOCK31620R303 — 5,582 shares $215,753
LYONDELLBASELL INDUSTRIES NV SHS - A -INTL COMMON STOCKN53745100 — 3,750 shares $215,513
VICTORY PORTFOLIOS II VICT FR GROW ETFDOMESTIC LARGE CAP FUND-ETF92647X764 — 6,441 shares $215,194
EOS ENERGY ENTERPRISES INC COM CL ADOMESTIC COMMON STOCK29415C101 — 70,000 shares $214,550
INVESCO EXCH TRADED FD TR II NATL AMT MUNIDOMESTIC TAX EX INVT GRADE-ETF46138E537 — 10,000 shares $213,900
FERGUSON ENTERPRISES INC COMMON STOCK NEWDOMESTIC COMMON STOCK31488V107 — 950 shares $211,397
ISHARES GOLD TR ISHARES NEWDOMESTIC ACS FUND-ETF464285204 — 2,702 shares $211,026
VANGUARD MALVERN FDS STRM INFPROIDXEQUITIES922020805 — 4,280 shares $210,671
AFFILIATED MANAGERS GROUP COMDOMESTIC COMMON STOCK008252108 — 576 shares $210,603
STATE STR SPDR DOW JONES IND UT SER 1DOMESTIC LARGE CAP FUND-ETF78467X109 — 414 shares $210,540
FIDELITY COVINGTON TRUST DIVID ETF RISIEQUITIES316092832 — 3,082 shares $210,161
FIRST TR EXCHANGE-TRADED FD INTER GRADE ETFEQUITIES33738D796 — 10,683 shares $209,708