CFB

Cullen/Frost Bankers Portfolio holdings

AUM $7.14B

AUM

$7.14B

AUM Growth

-$179M (-2%)

Cap. Flow

+$63.5M

Cap. Flow % of AUM

0.89%

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	22.08%
2	Financials	11.46%
3	Healthcare	8.79%
4	Consumer Discretionary	7.85%
5	Communication Services	6.76%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1276	ITRG 1276 Integra Resources ITRG $250M	$9	0%	7	New	+$9
1277	VIVS 1277 VivoSim Labs, Inc. Common Stock VIVS $3.47M	$4	0%	2 -18	-90%	-$36
1278	1278 CarMax KMX $10.3B	$0	0%	0 -1,388	Closed	–
1279	KREF 1279 KKR Real Estate Finance Trust KREF $647M	$0	0%	0 -499	Closed	–
1280	1280 Krystal Biotech KRYS $3.77B	$0	0%	0 -32	Closed	–
1281	1281 Kontoor Brands KTB $4.09B	$0	0%	0 -18	Closed	–
1282	1282 Kennedy-Wilson Holdings KW $885M	$0	0%	0 -1,393	Closed	–
1283	1283 Cohen & Steers Duration Preferred & Income Fund LDP $589M	$0	0%	0 -226	Closed	–
1284	1284 PIMCO Enhanced Low Duration Active Exchange-Traded Fund LDUR $851M	$0	0%	0 -1,421	Closed	–
1285	1285 Lands' End LE $274M	$0	0%	0 -20	Closed	–
1286	1286 Mattel MAT $6.5B	$0	0%	0 -19	Closed	–
1287	1287 Merchants Bancorp MBIN $1.53B	$0	0%	0 -33	Closed	–
1288	1288 Mercury Insurance MCY $3.43B	$0	0%	0 -225	Closed	–
1289	1289 Mercado Libre MELI $131B	$0	0%	0 -2	Closed	–
1290	1290 Nuveen AMT-Free Quality Municipal Income Fund NEA $3.27B	$0	0%	0 -1,439	Closed	–
1291	1291 Nice NICE $10.2B	$0	0%	0 -8	Closed	–
1292	1292 MGM Resorts International MGM $9.36B	$0	0%	0 -64	Closed	–
1293	1293 M/I Homes MHO $2.96B	$0	0%	0 -38	Closed	–
1294	1294 Middleby MIDD $8.01B	$0	0%	0 -85	Closed	–
1295	1295 Markel Group MKL $23.6B	$0	0%	0 -4	Closed	–
1296	1296 Moderna MRNA $10.3B	$0	0%	0 -23	Closed	–
1297	1297 Mine Safety MSA $6.23B	$0	0%	0 -23	Closed	–
1298	1298 MSCI MSCI $44.5B	$0	0%	0 -6	Closed	–
1299	1299 STMicroelectronics STM $22.5B	$0	0%	0 -68	Closed	–
1300	1300 StoneCo STNE $3.61B	$0	0%	0 -327	Closed	–