CULLEN/FROST BANKERS, INC. - COMMON STOCK (CFR) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
CFR on NYSE
Shares outstanding
64,882,231
Price per share
$126.63
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
55,641,799
Total reported value
$7,053,709,697
% of total 13F portfolios
0.01%
Share change
+1,640,140
Value change
+$206,156,283
Number of holders
473
Price from insider filings
$126.63
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

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
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 30 Sep 2025, 473 institutional investors reported holding 55,641,799 shares of CULLEN/FROST BANKERS, INC. - COMMON STOCK (CFR). This represents 86% of the company’s total 64,882,231 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of CULLEN/FROST BANKERS, INC. - COMMON STOCK (CFR) together control 64% 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
VANGUARD GROUP INC 10% 6,490,753 -0.62% 0.01% $822,832,757
BlackRock, Inc. 9.5% 6,196,252 +3.1% 0.01% $785,498,883
Aristotle Capital Management, LLC 8.1% 5,280,713 -5.7% 1.3% $669,447,706
STATE STREET CORP 5.2% 3,373,476 -1.8% 0.01% $427,655,553
Champlain Investment Partners, LLC 2.6% 1,689,642 -2.6% 1.6% $214,195,916
NEUBERGER BERMAN GROUP LLC 2.2% 1,419,113 +7.2% 0.13% $179,900,956
KING LUTHER CAPITAL MANAGEMENT CORP 2.1% 1,354,195 -3.7% 0.71% $171,671,300
FMR LLC 2% 1,317,008 +1.1% 0.01% $166,957,111
GEODE CAPITAL MANAGEMENT, LLC 1.9% 1,214,019 +5.1% 0.01% $153,928,886
DIMENSIONAL FUND ADVISORS LP 1.8% 1,187,406 +6.9% 0.03% $150,528,786
BANK OF AMERICA CORP /DE/ 1.7% 1,129,673 +8.5% 0.01% $143,208,683
Boston Trust Walden Corp 1.7% 1,091,937 -0.77% 1% $138,424,853
JANUS HENDERSON GROUP PLC 1.6% 1,055,985 +0.1% 0.06% $133,868,714
WESTWOOD HOLDINGS GROUP INC 1.5% 996,401 +127% 0.9% $126,314,000
NORTHERN TRUST CORP 1.5% 965,821 +2.3% 0.02% $122,437,127
Impax Asset Management Group plc 1.4% 920,833 +12% 0.68% $116,733,999
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.3% 831,752 +3.1% 0.96% $105,441,201
FIRST TRUST ADVISORS LP 1.1% 705,101 +8% 0.07% $89,385,653
PRINCIPAL FINANCIAL GROUP INC 1.1% 701,963 -9.3% 0.04% $88,989,138
JPMORGAN CHASE & CO 1% 672,782 -11% 0.01% $85,288,614
GOLDMAN SACHS GROUP INC 0.98% 636,835 -10% 0.01% $80,731,605
MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.98% 636,414 -14% 0.07% $80,678,203
Bank of New York Mellon Corp 0.88% 571,694 -6.5% 0.01% $72,473,652
SEI INVESTMENTS CO 0.88% 568,358 +3.8% 0.08% $72,050,457
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.81% 527,830 -2.2% 0.01% $66,913,009

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
2025 Q4 1,233,765 $156,448,540 -$7,525,802 $126.63 43
2025 Q3 55,641,799 $7,053,709,697 +$206,156,283 $126.77 473
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