Dark Forest Capital Management’s Cullen/Frost Bankers CFR Stock Holding History

Dark Forest Capital Management’s Portfolio CFR Stock Details CFR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-44,743	Closed	-$5.67M	–	840
2025 Q4	$5.67M	Buy	+44,743	New	+$5.61M	0.26%	71
2025 Q3	–	Sell	-7,491	Closed	-$963K	–	1199
2025 Q2	$963K	Buy	+7,491	New	+$916K	0.04%	747
2024 Q4	–	Sell	-2,536	Closed	-$284K	–	980
2024 Q3	$284K	Buy	2,536 +502	+25%	+$54.9K	0.04%	658
2024 Q2	$207K	Buy	+2,034	New	+$213K	0.04%	563
2023 Q4	–	Sell	-12,209	Closed	-$1.11M	–	564
2023 Q3	$1.11M	Buy	+12,209	New	+$1.24M	0.09%	368
2023 Q2	–	Sell	-1,517	Closed	-$160K	–	1082
2023 Q1	$160K	Buy	1,517 +1,356	+842%	+$169K	0.04%	488
2022 Q4	$21.5K	Buy	+161	New	+$22.9K	0.01%	564
2022 Q2	–	Sell	-212	Closed	-$29K	–	943
2022 Q1	$29K	Buy	212 +129	+155%	+$18K	0.01%	704
2021 Q4	$10K	Buy	+83	New	+$10.7K	﹤0.01%	918
2021 Q3	–	Sell	-1,195	Closed	-$134K	–	1293
2021 Q2	$134K	Buy	+1,195	New	+$140K	0.06%	263

Other funds holding CFR

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Aristotle Capital Management Los Angeles, California $47.8B AUM 13.38% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Luther King Capital Management (LKCM) Fort Worth, Texas $23.1B AUM 21.31% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Dark Forest Capital Management's CFR Position: Q1 2026 in Review

Dark Forest Capital Management sold out of Cullen/Frost Bankers (CFR) in Q1 2026, closing a stake of 44,743 shares — an estimated $5.67M sold.

Dark Forest Capital Management first reported a position in CFR in Q2 2021 and held it in 10 quarters. The position peaked at $5.67M in Q4 2025. 537 funds tracked by Wall St. Rank hold CFR as of Q1 2026.

Dark Forest Capital Management reported no remaining Cullen/Frost Bankers position as of Q1 2026 after selling out during the quarter.
Dark Forest Capital Management sold 44,743 Cullen/Frost Bankers shares in Q1 2026, an estimated $5.67M.
Dark Forest Capital Management first reported a position in Cullen/Frost Bankers in Q2 2021 and held it in 10 quarters.
Dark Forest Capital Management's Cullen/Frost Bankers position peaked at $5.67M in Q4 2025.
537 funds tracked by Wall St. Rank held Cullen/Frost Bankers as of Q1 2026.

Based on Dark Forest Capital Management's 13F filing for Q1 2026, filed 15 May 2026.