| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Aristotle Capital Management, LLC | 8.7% | $719,671,294 | 5,598,812 | Aristotle Capital Management, LLC | 30 Jun 2025 | |||
| STATE STREET CORP | 5.2% | $427,706,261 | 3,373,876 | STATE STREET CORPORATION | 30 Sep 2025 | |||
| Champlain Investment Partners, LLC | 4.2% | -22% | $314,106,213 | -$87,489,783 | 2,670,290 | -22% | Champlain Investment Partners, LLC | 31 Dec 2024 |
As of 31 Dec 2025, 517 institutional investors reported holding 54,796,503 shares of CULLEN/FROST BANKERS, INC. - COMMON STOCK (CFR). This represents 84% of the company’s total 64,882,231 outstanding shares.
The largest institutional shareholders of CULLEN/FROST BANKERS, INC. - COMMON STOCK (CFR) together control 62% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11% | 7,044,565 | +14% | 0.02% | $892,053,243 |
| VANGUARD GROUP INC | 9.9% | 6,404,703 | -1.3% | 0.01% | $811,027,541 |
| Aristotle Capital Management, LLC | 7.7% | 5,010,178 | -5.1% | 1.3% | $634,447,428 |
| STATE STREET CORP | 5.2% | 3,351,607 | -0.65% | 0.01% | $424,413,994 |
| KING LUTHER CAPITAL MANAGEMENT CORP | 2.1% | 1,332,319 | -1.6% | 0.69% | $168,711,555 |
| DIMENSIONAL FUND ADVISORS LP | 2% | 1,293,964 | +9% | 0.03% | $163,862,127 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.9% | 1,224,265 | +0.84% | 0.01% | $155,059,094 |
| Champlain Investment Partners, LLC | 1.8% | 1,168,081 | -31% | 1.5% | $147,914,097 |
| BANK OF AMERICA CORP /DE/ | 1.7% | 1,083,239 | -4.1% | 0.01% | $137,170,610 |
| Boston Trust Walden Corp | 1.6% | 1,043,754 | -4.4% | 1% | $132,170,569 |
| JANUS HENDERSON GROUP PLC | 1.5% | 964,846 | -8.6% | 0.05% | $122,176,950 |
| NORTHERN TRUST CORP | 1.5% | 949,039 | -1.7% | 0.02% | $120,176,808 |
| Impax Asset Management Group plc | 1.4% | 915,931 | -0.53% | 0.73% | $115,984,343 |
| NEUBERGER BERMAN GROUP LLC | 1.2% | 794,892 | -44% | 0.07% | $100,657,117 |
| WESTWOOD HOLDINGS GROUP INC | 1.2% | 778,429 | -22% | 0.8% | $98,572,464 |
| FIRST TRUST ADVISORS LP | 1.1% | 744,009 | +5.5% | 0.07% | $94,213,902 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | 1.1% | 739,402 | -11% | 0.92% | $93,630,476 |
| GOLDMAN SACHS GROUP INC | 1.1% | 735,624 | +16% | 0.01% | $93,152,020 |
| NORGES BANK | 1.1% | 733,668 | 0.01% | $92,904,379 | |
| PRINCIPAL FINANCIAL GROUP INC | 1.1% | 688,652 | -1.9% | 0.04% | $87,206,790 |
| JPMORGAN CHASE & CO | 1% | 661,772 | -1.6% | 0.01% | $83,800,319 |
| MORGAN STANLEY | 0.99% | 641,890 | +35% | 0% | $81,282,814 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 0.96% | 622,544 | -2.2% | 0.06% | $78,832,747 |
| Bank of New York Mellon Corp | 0.83% | 539,713 | -5.6% | 0.01% | $68,343,866 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.81% | 526,308 | -0.29% | 0.01% | $66,646,382 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 54,796,503 | $6,940,661,961 | -$104,212,660 | $126.63 | 517 |
| 2025 Q3 | 55,636,337 | $7,052,974,895 | +$209,190,402 | $126.77 | 475 |
| 2025 Q2 | 53,891,129 | $6,927,643,508 | +$97,437,184 | $128.54 | 474 |
| 2025 Q1 | 53,155,930 | $6,654,286,557 | -$255,835,044 | $125.20 | 475 |
| 2024 Q4 | 55,564,071 | $7,458,952,500 | -$109,150,657 | $134.25 | 455 |
| 2024 Q3 | 56,006,425 | $6,265,710,516 | +$388,639,396 | $111.86 | 436 |
| 2024 Q2 | 52,381,939 | $5,323,674,736 | +$62,379,415 | $101.63 | 396 |
| 2024 Q1 | 51,714,454 | $5,822,330,971 | -$19,989,266 | $112.57 | 407 |
| 2023 Q4 | 52,272,164 | $5,671,868,494 | +$64,868,876 | $108.49 | 402 |
| 2023 Q3 | 51,681,321 | $4,714,033,117 | -$122,793,062 | $91.21 | 372 |
| 2023 Q2 | 52,922,489 | $5,690,653,171 | +$43,904,788 | $107.53 | 364 |
| 2023 Q1 | 52,499,671 | $5,530,242,319 | -$8,906,140 | $105.34 | 398 |
| 2022 Q4 | 52,683,978 | $7,041,680,830 | -$127,308,527 | $133.70 | 452 |
| 2022 Q3 | 53,059,995 | $7,016,682,980 | +$312,888,639 | $132.22 | 406 |
| 2022 Q2 | 50,861,681 | $5,923,118,357 | -$143,485,021 | $116.45 | 401 |
| 2022 Q1 | 52,430,774 | $7,256,671,903 | -$9,895,321 | $138.41 | 376 |
| 2021 Q4 | 52,416,451 | $6,607,885,728 | -$107,110,423 | $126.07 | 367 |
| 2021 Q3 | 53,133,519 | $6,301,872,652 | +$109,248,344 | $118.62 | 322 |
| 2021 Q2 | 52,285,476 | $5,854,822,611 | +$22,002,567 | $112.00 | 320 |
| 2021 Q1 | 52,108,027 | $5,668,025,644 | +$169,104,439 | $108.76 | 312 |
| 2020 Q4 | 50,686,794 | $4,422,708,809 | -$56,064,728 | $87.23 | 306 |
| 2020 Q3 | 51,493,298 | $3,291,495,655 | -$118,040,574 | $63.95 | 297 |
| 2020 Q2 | 53,400,592 | $3,987,269,453 | -$25,718,857 | $74.71 | 280 |
| 2020 Q1 | 53,959,798 | $3,011,435,142 | +$41,051,768 | $55.79 | 276 |
| 2019 Q4 | 52,623,030 | $5,144,053,532 | +$36,492,604 | $97.78 | 315 |
| 2019 Q3 | 52,320,816 | $4,633,589,941 | +$98,821,582 | $88.55 | 319 |
| 2019 Q2 | 51,176,546 | $4,790,039,526 | -$22,548,482 | $93.66 | 336 |
| 2019 Q1 | 51,586,320 | $5,008,287,099 | +$15,942,926 | $97.07 | 346 |
| 2018 Q4 | 51,441,319 | $4,527,874,511 | +$19,838,049 | $87.94 | 338 |
| 2018 Q3 | 50,913,148 | $5,316,582,849 | +$29,081,230 | $104.44 | 352 |
| 2018 Q2 | 50,678,364 | $5,485,616,003 | -$82,220,146 | $108.24 | 367 |
| 2018 Q1 | 51,517,283 | $5,463,891,992 | +$32,709,731 | $106.07 | 323 |
| 2017 Q4 | 51,098,120 | $4,837,735,501 | -$37,300,306 | $94.65 | 334 |
| 2017 Q3 | 51,428,020 | $4,881,710,524 | -$59,331,870 | $94.92 | 299 |
| 2017 Q2 | 52,165,986 | $4,898,887,455 | +$111,645,855 | $93.91 | 324 |
| 2017 Q1 | 53,663,713 | $4,775,416,021 | +$334,792,978 | $88.97 | 320 |
| 2016 Q4 | 54,519,049 | $4,809,355,413 | +$1,386,126 | $88.23 | 323 |
| 2016 Q3 | 54,661,496 | $3,930,472,819 | -$3,229,333 | $71.94 | 280 |
| 2016 Q2 | 53,016,565 | $3,379,338,837 | -$108,042,636 | $63.73 | 278 |
| 2016 Q1 | 55,114,979 | $3,039,291,556 | +$191,061,142 | $55.11 | 277 |
| 2015 Q4 | 52,279,559 | $3,136,480,520 | +$108,642,467 | $60.00 | 299 |
| 2015 Q3 | 49,392,932 | $3,140,350,244 | +$55,142,765 | $63.58 | 277 |
| 2015 Q2 | 49,015,923 | $3,851,403,537 | -$116,701,465 | $78.58 | 270 |
| 2015 Q1 | 50,602,157 | $3,494,684,097 | +$121,315,472 | $69.08 | 283 |
| 2014 Q4 | 48,829,078 | $3,448,285,427 | -$80,908,429 | $70.64 | 311 |
| 2014 Q3 | 49,535,303 | $3,789,975,779 | +$21,213,252 | $76.51 | 280 |
| 2014 Q2 | 49,256,113 | $3,911,076,739 | -$1,250,912 | $79.42 | 276 |
| 2014 Q1 | 49,273,094 | $3,819,881,651 | +$25,546,182 | $77.53 | 278 |