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
1376	1376 Westwood Holdings Group WHG $140M	$0	0%	0 -133	Closed	–
1377	1377 Wingstop WING $8.96B	$0	0%	0 -24	Closed	–
1378	WPRT 1378 Westport Fuel Systems WPRT $50.4M	$0	0%	0 -10	Closed	–
1379	1379 West Pharmaceutical WST $15B	$0	0%	0 -8	Closed	–
1380	1380 WisdomTree WT $1.39B	$0	0%	0 -90	Closed	–
1381	1381 Wolverine World Wide WWW $1.36B	$0	0%	0 -281	Closed	–
1382	1382 SPDR S&P Oil & Gas Exploration & Production ETF XOP $1.65B	$0	0%	0	–	–
1383	1383 XPeng XPEV $19.7B	$0	0%	0 -100	Closed	–
1384	1384 Xerox XRX $643M	$0	0%	0 -152	Closed	–
1385	1385 Yum China YUMC $15.9B	$0	0%	0 -1,108	Closed	–
1386	1386 ZimVie ZIMV $236M	$0	0%	0 -2	Closed	–
1387	1387 Metallus MTUS $518M	$0	0%	0 -50	Closed	–
1388	ETH 1388 Grayscale Ethereum Mini Trust ETF ETH $1.3B	$0	0%	0	–	–
1389	GRAL 1389 GRAIL, Inc. Common Stock GRAL $1.45B	$0	0%	0 -10	Closed	–
1390	ETHE 1390 Grayscale Ethereum Trust ETF ETHE $2.98B	$0	0%	0	–	–
1391	BTC 1391 Grayscale Bitcoin Mini Trust ETF BTC $4.81B	$0	0%	0 -98	Closed	–
1392	AMTM 1392 Amentum Holdings, Inc. AMTM $5.11B	$0	0%	0 -15	Closed	–
1393	FLG 1393 Flagstar Financial, Inc. FLG $4.92B	$0	0%	0 -88	Closed	–
1394	ONC 1394 BeiGene, Ltd. American Depositary Shares ONC $25.7B	$0	0%	0 -8	Closed	–
1395	LGF.B 1395 DELISTED Lions Gate Entertainment Corp. Class B Non-Voting Shares LGF.B	$0	0%	0 -30	Closed	–
1396	LGF.A 1396 DELISTED Lions Gate Entertainment Corp. Class A Voting Shares LGF.A	$0	0%	0 -30	Closed	–
1397	ALTR 1397 DELISTED Altair Engineering Inc. Class A Common Stock ALTR	$0	0%	0 -4,810	Closed	–
1398	ROIC 1398 DELISTED Retail Opportunity Investments Corp. ROIC	$0	0%	0 -154	Closed	–
1399	SAVE 1399 DELISTED Spirit Airlines, Inc. SAVE	$0	0%	0 -18	Closed	–
1400	1400 Alcoa AA $7.32B	$0	0%	0 -11	Closed	–