Security Snapshot

CULLEN/FROST BANKERS, INC. - Common Stock (CFR) Institutional Ownership

CUSIP: 229899109

13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

524

Shares (Excl. Options)

54,866,791

Price

$126.63

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Type / Class
Equity / Common Stock
Symbol
CFR on NYSE
Shares outstanding
63,072,673
Price per share
$143.02
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
54,866,791
Total reported value
$6,949,612,313
% of total 13F portfolios
0.01%
Share change
-789,821
Value change
-$100,002,124
Number of holders
524
Price from insider filings
$143.02
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • CFR - CULLEN/FROST BANKERS, INC. - Common Stock is tracked under CUSIP 229899109.
  • 524 institutions reported positions in Q4 2025.
  • 5 significant owners is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 524 to 237 between Q4 2025 and Q1 2026.
  • Reported value moved from $6,949,612,313 to $993,962,839.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 524 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 229899109?
CUSIP 229899109 identifies CFR - CULLEN/FROST BANKERS, INC. - Common Stock in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

Significant Owners of CULLEN/FROST BANKERS, INC. - Common Stock (CFR) based on Schedule 13D/G filings

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
VANGUARD PORTFOLIO MANAGEMENT LLC 5.1% $443,215,418 3,233,261 Vanguard Portfolio Management 31 Mar 2026
VANGUARD CAPITAL MANAGEMENT LLC 5% $436,623,104 3,185,170 Vanguard Capital Management 31 Mar 2026
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, 524 institutional investors reported holding 54,866,791 shares of CULLEN/FROST BANKERS, INC. - Common Stock (CFR). This represents 87% of the company’s total 63,072,673 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of CULLEN/FROST BANKERS, INC. - Common Stock (CFR) together control 63% 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 10% 6,404,703 -1.3% 0.01% $811,027,541
Aristotle Capital Management, LLC 7.9% 5,010,178 -5.1% 1.3% $634,447,428
STATE STREET CORP 5.3% 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% 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 1.9% 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 1.7% 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 1.5% 915,931 -0.53% 0.73% $115,984,343
NEUBERGER BERMAN GROUP LLC 1.3% 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 1.2% 744,009 +5.5% 0.07% $94,213,902
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.2% 739,402 -11% 0.92% $93,630,476
GOLDMAN SACHS GROUP INC 1.2% 735,724 +16% 0.01% $93,164,686
NORGES BANK 1.2% 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 1% 641,890 +35% 0% $81,282,814
MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.99% 622,544 -2.2% 0.06% $78,832,747
Bank of New York Mellon Corp 0.86% 539,713 -5.6% 0.01% $68,343,866
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.83% 526,308 -0.29% 0.01% $66,646,382

Institutional Holders of CULLEN/FROST BANKERS, INC. - Common Stock (CFR) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 7,246,194 $993,962,839 -$26,361,582 $137.08 237
2025 Q4 54,866,791 $6,949,612,313 -$100,002,124 $126.63 524
2025 Q3 55,634,345 $7,052,722,369 +$209,513,666 $126.77 474
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
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