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DaveManuel.com · Institutional Ownership · Who Owns It

CULLEN FROST BANKERS INC (CFR)

Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.

575
Reporting holders
$9.3B
Reported value
96.3%
Of shares outstanding
0.2%
Calls
0.0%
Puts
+29
Holder change

Institutions report 59,864,240 shares against 62,148,785 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. A figure this high can overstate: where an adviser and a sub-adviser both report the same shares, both are counted.

Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.

Holders

Download these holders as CSV

FilerValueShares Their book Held Change
BlackRock, Inc.$1.1B7,335,3190.02%8q+3.6%+$39.5M
First Eagle Investment Management, LLC$858.4M5,555,3160.71%2q+145.2%+$508.3M
Aristotle Capital Management, LLC$690.0M4,465,4641.45%33q-6.3%-$46.3M
STATE STREET CORP$497.3M3,218,2490.01%31q+3.8%+$18.3M
VANGUARD PORTFOLIO MANAGEMENT LLC$494.7M3,201,3140.02%2q-0.7%-$3.6M
VANGUARD CAPITAL MANAGEMENT LLC$419.6M2,715,6650.01%2qHELD
BAILLIE GIFFORD & CO$345.1M2,233,2980.31%newNEW
DIMENSIONAL FUND ADVISORS LP$255.4M1,652,8200.05%31q+8.0%+$18.9M
GEODE CAPITAL MANAGEMENT, LLC$206.7M1,337,7000.01%31q+0.5%+$1.1M
KING LUTHER CAPITAL MANAGEMENT CORP$192.5M1,246,0750.79%31q-6.0%-$12.3M
TWO SIGMA INVESTMENTS, LP$176.8M1,144,3320.13%9q+73.4%+$74.8M
BANK OF AMERICA CORP /DE/$148.7M962,3100.01%31q-20.5%-$38.4M
NORTHERN TRUST CORP$146.4M947,4650.02%31qHELD
MORGAN STANLEY$130.2M842,6300.01%35q-1.1%-$1.5M
NORGES BANK$115.5M747,2020.01%32q+1.8%+$2.1M
Boston Trust Walden Corp$113.2M732,3310.86%8q-24.3%-$36.4M
PRINCIPAL FINANCIAL GROUP INC$101.1M654,4350.05%31q-1.2%-$1.2M
GOLDMAN SACHS GROUP INC$100.7M651,5880.01%31q-7.1%-$7.7M
FIRST TRUST ADVISORS LP$97.6M631,5860.06%31q-20.0%-$24.5M
Jupiter Topco LLC$94.3M610,2410.04%newFIRST
JPMORGAN CHASE & CO$92.7M596,2580.01%31q-2.9%-$2.8M
WESTWOOD HOLDINGS GROUP INC$91.2M590,5150.69%16q-20.6%-$23.7M
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$89.4M578,7250.27%2q-5.4%-$5.1M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC$85.0M550,3710.01%31qHELD
MANUFACTURERS LIFE INSURANCE COMPANY, THE$80.1M518,5520.06%31qHELD
Bank of New York Mellon Corp$79.8M516,7350.01%31q-4.9%-$4.1M
SEI INVESTMENTS CO$74.8M484,0650.07%31q-6.6%-$5.3M
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.$71.1M460,4370.63%8q+48.5%+$23.3M
Artemis Investment Management LLP$67.5M436,5430.60%2q+4.6%+$3.0M
NATIXIS ADVISORS, LLC$67.1M434,5560.08%18q+36.6%+$18.0M
Madison Asset Management, LLC$62.3M403,0550.74%10q+20.1%+$10.4M
Alberta Investment Management Corp$61.8M400,0000.35%8qHELD
ROYAL BANK OF CANADA$61.1M395,3670.01%31q-4.2%-$2.7M
VANGUARD FIDUCIARY TRUST CO$60.9M394,1980.01%2q+1.7%+$991.1K
Champlain Investment Partners, LLC$58.7M379,6101.51%31q-55.6%-$73.5M
GW&K Investment Management, LLC$54.9M355,5650.43%7q-5.5%-$3.2M
JONES FINANCIAL COMPANIES LLLP$54.3M349,8540.02%9q+37.3%+$14.8M
WELLINGTON MANAGEMENT GROUP LLP$51.8M335,0480.01%31q-33.0%-$25.5M
FMR LLC$46.6M301,7630.00%31q-1.5%-$701.2K
JACOBS LEVY EQUITY MANAGEMENT, INC$41.7M269,5640.15%16q-2.0%-$849.1K
ENVESTNET ASSET MANAGEMENT INC$40.9M264,5850.01%31q-2.0%-$819.9K
AQR CAPITAL MANAGEMENT LLC$37.2M240,8670.01%31q+18.9%+$5.9M
DEPRINCE RACE & ZOLLO INC$36.4M235,7950.61%5q-28.2%-$14.3M
SEGALL BRYANT & HAMILL, LLC$35.0M226,5330.42%2q+20.2%+$5.9M
TCTC Holdings, LLC$33.8M218,7870.89%31q-0.5%-$170.0K
D. E. Shaw & Co., Inc.$33.4M216,0540.02%6q+3.6%+$1.2M
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO$30.6M198,0500.11%31qHELD
ProShare Advisors LLC$28.8M186,3660.04%31q+3.2%+$888.0K
Invesco Ltd.$28.3M183,4370.00%31q+39.6%+$8.0M
Fiera Capital Corp$28.3M183,3250.10%4q-42.8%-$21.2M
UBS Group AG$27.7M179,3920.00%31q-29.4%-$11.6M
NEW YORK STATE COMMON RETIREMENT FUND$25.7M166,5520.03%31qHELD
WELLS FARGO & COMPANY/MN$25.6M165,4930.00%31q+13.7%+$3.1M
RHUMBLINE ADVISERS$24.6M159,3320.02%31q-0.7%-$169.7K
RAYMOND JAMES FINANCIAL INC$24.3M157,4870.01%7q+6.5%+$1.5M
AMERIPRISE FINANCIAL INC$23.7M153,3790.00%31q-3.7%-$905.9K
Retirement Systems of Alabama$23.1M149,7500.07%31q-7.7%-$1.9M
SCOPUS ASSET MANAGEMENT, L.P.$23.0M99,5000.32%newNEW
Lido Advisors, LLC$21.9M141,9360.06%9q-5.4%-$1.2M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$21.8M140,8120.00%31q-1.1%-$252.0K
Polaris Capital Management, LLC$20.6M133,3001.94%13q-34.7%-$10.9M
BESSEMER GROUP INC$19.2M124,0320.03%14q-1.8%-$342.0K
Swiss National Bank$18.5M120,0000.01%31qHELD
BARTLETT & CO. WEALTH MANAGEMENT LLC$18.0M116,5940.23%34q-3.7%-$686.5K
Russell Investments Group, Ltd.$18.0M116,4580.02%31q+16.6%+$2.6M
California Public Employees Retirement System$17.6M114,1300.01%31q-0.9%-$158.7K
BARCLAYS PLC$16.4M106,1270.00%31q+10.9%+$1.6M
Arbejdsmarkedets Tillaegspension$16.1M104,4000.35%newNEW
PALISADE CAPITAL MANAGEMENT, LP$16.1M104,1250.70%31q-52.5%-$17.8M
Impax Asset Management Group plc$14.7M95,0000.10%7q-80.7%-$61.5M
M&T Bank Corp$14.1M91,0790.04%31q-3.3%-$479.2K
COMMONWEALTH EQUITY SERVICES, LLC$13.5M87,1740.02%31q-1.8%-$244.6K
Nuveen, LLC$13.2M85,2940.00%6q+5.4%+$677.4K
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC$13.1M84,6230.25%2q+1296.9%+$12.1M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$13.0M83,8680.01%newNEW
Ceredex Value Advisors LLC$12.7M82,1500.36%17q-18.9%-$3.0M
Legal & General Group Plc$12.5M81,0340.00%31q-1.0%-$128.7K
NEW YORK STATE TEACHERS RETIREMENT SYSTEM$11.7M75,5320.02%31q+2.8%+$317.4K
WHITTIER TRUST CO$11.5M73,5890.11%31qHELD
JANE STREET GROUP, LLC$11.1M
incl. $10.5M options CALL
3,7220.00%15q+19.0%+$1.8M
Hilton Capital Management, LLC$11.0M70,9830.75%22q+9.5%+$949.5K
BNP PARIBAS FINANCIAL MARKETS$11.0M70,9320.00%31q+554.1%+$9.3M
Martin Capital Partners, LLC$10.8M69,8513.97%25qHELD
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM$10.7M69,2550.01%31q-4.4%-$487.8K
ALLIANCEBERNSTEIN L.P.$10.5M76,7750.00%31q-1.3%-$143.9K
Quantinno Capital Management LP$10.4M67,1100.01%8q+56.6%+$3.7M
STIFEL FINANCIAL CORP$10.3M66,4410.01%31q+8.9%+$835.8K
FRANKLIN RESOURCES INC$10.3M66,4240.00%31q-6.6%-$727.5K
LPL Financial LLC$10.0M64,8160.00%31qHELD
Cerity Partners LLC$9.8M63,3860.01%11q-12.1%-$1.3M
PRICE T ROWE ASSOCIATES INC /MD/$9.4M60,9160.00%31q+6.4%+$569.1K
SG Americas Securities, LLC$9.0M57,9430.01%14q-6.4%-$611.4K
VANGUARD ASSET MANAGEMENT, Ltd$8.6M55,3710.01%2q+4.3%+$354.9K
AMERICAN CENTURY COMPANIES INC$8.5M55,2970.00%22q+10.7%+$828.1K
STRS OHIO$8.3M53,7900.03%21q+17.6%+$1.2M
Greenfield Seitz Capital Management, LLC$8.3M53,4912.46%11qHELD
LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE$8.2M53,2682.28%29q-0.7%-$58.6K
SUSQUEHANNA INTERNATIONAL GROUP, LLP$8.0M
incl. $7.2M options CALL+PUT
5,3650.00%31q-78.5%-$29.1M
ROWLANDMILLER & PARTNERS.ADV$8.0M51,4911.45%31qHELD
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC$7.9M50,8110.08%31q+109.8%+$4.1M

Showing the largest 100 of 575 reported holders.

What the company announced

Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.

FiledEvent dateWhatSource
2026-10-292026-10-29Delisting noticefiling

What the insiders did

Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.

Officers and directors

DateInsiderRoleSideSharesValue
2026-06-12Severyn Carol JeanGEVP and Chief Risk OfficerSold837$124.1K

Quarter by quarter

Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.

QuarterHoldersValue SharesNewAdded TrimmedOptions
Q3 2026175$348.1M2,279,6912246450.0%
Q2 2026575$9.3B59,864,240781591870.2%
Q1 2026546$7.6B55,014,748741741560.3%
Q4 2025531$7.0B55,153,779661251800.1%
Q3 2025485$7.2B56,520,881521581420.1%
Q2 2025483$7.0B54,470,265591611490.3%
Q1 2025484$6.8B54,047,505741391710.4%
Q4 2024466$7.5B55,591,138481351361.1%
Q3 2024443$6.4B56,852,418681491370.6%
Q2 2024401$5.5B53,226,746361191641.4%
Q1 2024417$6.1B53,664,781481291401.5%
Q4 2023414$5.9B53,586,852591311181.2%
Q3 2023382$4.8B51,920,847381131400.9%
Q2 2023373$5.8B53,271,577341271280.8%
Q1 2023412$5.8B54,451,004561451300.8%
Q4 2022455$7.1B52,594,533721661150.6%
Q3 2022407$39.9B301,585,13068141970.1%
Q2 2022401$34.4B295,160,166701241040.1%
Q1 2022379$36.2B261,565,94248941260.1%
Q4 2021371$31.2B247,285,11047971070.1%
Q3 2021330$22.6B190,729,93831931120.1%
Q2 2021326$27.8B248,337,70729881050.1%
Q1 2021318$27.3B250,214,63243811160.2%
Q4 2020315$22.5B257,436,63642791110.2%
Q3 2020307$13.2B205,460,28346741120.2%
Q2 2020288$20.4B272,212,36040831100.2%
Q1 2020290$19.6B349,799,28340102830.2%
Q4 2019319$32.9B335,766,65723100960.1%
Q3 2019326$25.0B281,559,565271071110.1%
Q2 2019343$30.7B327,112,61338981060.1%
Q1 2019351$31.6B325,466,08633991220.1%
Q4 2018348$28.9B328,841,8204670.0%