CFB

Cullen/Frost Bankers Portfolio holdings

AUM $7.14B

This Quarter Return

-1.7%

1 Year Return

+11.19%

3 Year Return

+39.62%

5 Year Return

+160.06%

10 Year Return

+279.35%

AUM

$7.14B

AUM Growth

-$179M (-2%)

Cap. Flow

+$59.8M

Cap. Flow % of AUM

0.84%

Top 10 Holdings %Top 10 Hldgs %

28.03%

Holding

1,528

New

177

Increased

546

Reduced

343

Closed

240

Top Buys

1	iShares MSCI Emerging Markets ex China ETF EMXC	$10.4M
2	Oracle ORCL	$9.84M
3	iShares Russell Mid-Cap Growth ETF IWP	$9.71M
4	Citigroup C	$9.55M
5	iShares MSCI EAFE ETF EFA	$8.99M

Top Sells

1	iShares 20+ Year Treasury Bond ETF TLT	$24.9M
2	Lennar Class A LEN	$8.54M
3	FlexShares Global Upstream Natural Resources Index Fund GUNR	$7.75M
4	Merck MRK	$6.46M
5	abrdn Physical Precious Metals Basket Shares ETF GLTR	$6.45M

Sector Composition

1	Technology	22.07%
2	Financials	11.46%
3	Healthcare	8.79%
4	Consumer Discretionary	7.85%
5	Communication Services	6.77%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
401	401 Akamai AKAM $10.9B	$476K	0.01%	5,918 -330	-5%	-$26.6K
402	402 FirstEnergy FE $23.3B	$473K	0.01%	11,703 -76	-0.7%	-$3.07K
403	403 Capital Group Short Duration Municipal Income ETF CGSM $719M	$471K	0.01%	18,127 +16,667	+1,142%	+$434K
404	404 Fidelity Low Volatility Factor ETF FDLO $1.22B	$469K	0.01%	7,734 +4,716	+156%	+$286K
405	405 Airbnb ABNB $84.3B	$467K	0.01%	3,909 -38,386	-91%	-$4.59M
406	406 DaVita DVA $10.6B	$467K	0.01%	3,050	–	–
407	407 Wheaton Precious Metals WPM $41.1B	$459K	0.01%	5,914 +5,295	+855%	+$411K
408	408 Canadian National Railway CNI $64.7B	$456K	0.01%	4,678 -37	-0.8%	-$3.61K
409	409 Williams Companies WMB $71.3B	$454K	0.01%	7,600 +113	+2%	+$6.75K
410	410 Johnson Controls International JCI $69.8B	$450K	0.01%	5,619 -26	-0.5%	-$2.08K
411	411 SPDR S&P Dividend ETF SDY $20.1B	$449K	0.01%	3,310	–	–
412	412 J.M. Smucker SJM $11.1B	$447K	0.01%	3,775 -61	-2%	-$7.22K
413	413 Ansys ANSS $34.5B	$442K	0.01%	1,395	–	–
414	414 Motorola Solutions MSI $68.2B	$428K	0.01%	977 +455	+87%	+$199K
415	415 DXC Technology DXC $2.57B	$426K	0.01%	25,004 -42	-0.2%	-$716
416	416 Invesco Taxable Municipal Bond ETF BAB $915M	$421K	0.01%	15,797 -254	-2%	-$6.78K
417	417 SPDR S&P MidCap 400 ETF Trust MDY $22.8B	$420K	0.01%	788 -113	-13%	-$60.3K
418	418 Vanguard Energy ETF VDE $7.16B	$420K	0.01%	+3,235	New	+$420K
419	419 Lennar Class A LEN $27.9B	$412K	0.01%	3,593 -74,392	-95%	-$8.54M
420	420 Trex TREX $6.53B	$409K	0.01%	7,048 +21	+0.3%	+$1.22K
421	421 Xcel Energy XEL $39.4B	$408K	0.01%	5,763 -9,478	-62%	-$671K
422	422 SPDR Gold MiniShares Trust GLDM $16B	$405K	0.01%	+6,551	New	+$405K
423	423 Dimensional International Core Equity Market ETF DFAI $10.4B	$404K	0.01%	12,939 -5,000	-28%	-$156K
424	424 Gabelli Dividend & Income Trust GDV $2.35B	$402K	0.01%	16,650	–	–
425	425 Fidelity Blue Chip Value ETF FBCV $127M	$401K	0.01%	12,554 +11,034	+726%	+$353K