We are live on ! Find out more
CCM

Cullen Capital Management Portfolio holdings

AUM $10.2B
1-Year Est. Return 27.15%
This Fund
S&P 500
This Quarter Est. Return
+6.7%
1 Year Est. Return
+27.15%
3 Year Est. Return
+59.97%
5 Year Est. Return
+68.85%
10 Year Est. Return
+175.49%
AUM
$8.98B
AUM Growth
+$2.24B
Cap. Flow
+$1.76B
Cap. Flow %
19.59%
Top 10 Hldgs %
28.51%
Holding
231
New
19
Increased
101
Reduced
65
Closed
34

Top Buys

Rank Stock Value
1
NVS icon
Novartis
NVS
+$133M
2
BAC icon
Bank of America
BAC
+$105M
3
UPS icon
United Parcel Service
UPS
+$86.9M
4
CSCO icon
Cisco
CSCO
+$72.3M
5
TFC icon
Truist Financial
TFC
+$69M

Top Sells

Rank Stock Value
1
O icon
Realty Income
O
+$56.1M
2
UNP icon
Union Pacific
UNP
+$37M
3
XLV icon
State Street Health Care Select Sector SPDR ETF
XLV
+$32.6M
4
XLP icon
State Street Consumer Staples Select Sector SPDR ETF
XLP
+$30.5M
5
MRK icon
Merck
MRK
+$29.8M

Sector Composition

Rank Sector Weight
1 Financials 18.45%
2 Consumer Staples 13.48%
3 Healthcare 13.44%
4 Industrials 9.87%
5 Energy 9.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TRV icon
26
Travelers Companies
TRV
$78.8B
$182M 2.02%
789,764
+151,088
+24% +$32.3M
COP icon
27
ConocoPhillips
COP
$170B
$174M 1.94%
1,366,759
+297,053
+28% +$33.9M
TGT icon
28
Target
TGT
$70.1B
$172M 1.92%
971,140
+287,380
+42% +$43.7M
LOW icon
29
Lowe's Companies
LOW
$109B
$157M 1.75%
617,288
+126,945
+26% +$29.2M
C icon
30
Citigroup
C
$228B
$150M 1.67%
2,372,345
+1,078,407
+83% +$60M
UL icon
31
Unilever
UL
$134B
$150M 1.66%
2,647,884
-57,034
-2% -$3.16M
UPS icon
32
United Parcel Service
UPS
$87.1B
$145M 1.61%
974,610
+571,638
+142% +$86.9M
DOC icon
33
Healthpeak Properties
DOC
$13.9B
$137M 1.53%
7,323,488
+1,371,961
+23% +$24.9M
T icon
34
AT&T
T
$183B
$135M 1.5%
7,659,877
+3,337,575
+77% +$57M
MO icon
35
Altria Group
MO
$117B
$128M 1.43%
2,936,768
+673,202
+30% +$27.9M
PFE icon
36
Pfizer
PFE
$157B
$125M 1.39%
4,498,231
+1,919,887
+74% +$53.3M
INTC icon
37
Intel
INTC
$513B
$122M 1.36%
2,770,509
+476,328
+21% +$21.2M
MSFT icon
38
Microsoft
MSFT
$3.69T
$118M 1.31%
279,517
+47,367
+20% +$19.2M
CCI icon
39
Crown Castle
CCI
$31.2B
$88.9M 0.99%
840,244
+227,584
+37% +$24.8M
DEO icon
40
Diageo
DEO
$48.3B
$88.3M 0.98%
593,777
+188,111
+46% +$27.5M
VZ icon
41
Verizon
VZ
$214B
$74M 0.82%
1,762,421
+27,763
+2% +$1.12M
EOG icon
42
EOG Resources
EOG
$80.6B
$72.6M 0.81%
568,230
+28,039
+5% +$3.27M
PPL
43
PPL Corp
PPL
$25B
$70.8M 0.79%
2,573,488
+107,097
+4% +$2.85M
BMY icon
44
Bristol-Myers Squibb
BMY
$130B
$68.7M 0.76%
1,266,511
+134,460
+12% +$6.85M
RIO icon
45
Rio Tinto
RIO
$158B
$60.5M 0.67%
949,792
+198,080
+26% +$13.3M
CAG icon
46
Conagra Brands
CAG
$7.21B
$60.4M 0.67%
2,039,330
+206,808
+11% +$5.9M
TM icon
47
Toyota
TM
$231B
$52.7M 0.59%
209,223
+89,028
+74% +$19.7M
KOF icon
48
Coca-Cola Femsa
KOF
$23.4B
$52.2M 0.58%
537,184
+183,602
+52% +$17.6M
ASX icon
49
ASE Group
ASX
$96.6B
$51.8M 0.58%
4,717,410
+1,851,111
+65% +$18.2M
BAX icon
50
Baxter International
BAX
$12.3B
$51.5M 0.57%
1,205,904
-27,456
-2% -$1.12M
1
2
3 4 5

Similar funds

WT
Whittier Trust South Pasadena, California $10.2B AUM 33.39% 1-Year Est. Return
SGA
Sustainable Growth Advisers Stamford, Connecticut $10.2B AUM 1.48% 1-Year Est. Return
CFB
Cullen/Frost Bankers San Antonio, Texas $10.1B AUM 29.18% 1-Year Est. Return
GIA
Gateway Investment Advisers Cincinnati, Ohio $10.1B AUM 40.26% 1-Year Est. Return
WPL
WINDACRE PARTNERSHIP LLC Houston, Texas $10.1B AUM 10.46% 1-Year Est. Return
HI
HBK Investments Dallas, Texas $10.2B AUM 67.73% 1-Year Est. Return
SOADOR
State of Alaska Department of Revenue Juneau, Alaska $10.1B AUM 42.83% 1-Year Est. Return
MOACM
Mutual of America Capital Management New York $10.3B AUM 43.46% 1-Year Est. Return

Cullen Capital Management's Q1 2024 Portfolio in Review

As of Q1 2024, Cullen Capital Management held 231 positions worth $8.98B, up 33% from $6.74B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

Cullen Capital Management deployed $1.76B of net new capital in Q1 2024, opening 19 new positions and adding to 101 existing holdings. Its largest new stake was Kellanova: 887,685 shares worth $50.9M.

By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Consumer Staples and Healthcare.

On the sell side, the largest reduction was Union Pacific, an estimated $37M trimmed.

  • Cullen Capital Management's largest Q1 2024 buy was Kellanova: 887,685 shares worth $50.9M.
  • Cullen Capital Management added most to Novartis in Q1 2024, an estimated $133M increase.
  • Cullen Capital Management's biggest Q1 2024 reduction was Union Pacific, cutting an estimated $37M.
  • Cullen Capital Management fully exited Realty Income in Q1 2024, selling an estimated $56.1M.
  • Cullen Capital Management's ten largest holdings make up 29% of its $8.98B portfolio in Q1 2024.
  • Cullen Capital Management opened 19 new positions and closed 34 in Q1 2024.
  • Cullen Capital Management's portfolio value rose 33% quarter-over-quarter to $8.98B.

Based on Cullen Capital Management's 13F filing for Q1 2024, filed 15 May 2024.