Madison Asset Management’s Cullen/Frost Bankers CFR Stock Holding History

Madison Asset 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	$46M	Sell	335,573 -21,301	-6%	-$2.94M	0.57%	61
2025 Q4	$45.2M	Sell	356,874 -20,352	-5%	-$2.55M	0.52%	62
2025 Q3	$47.8M	Sell	377,226 -3,953	-1%	-$514K	0.53%	59
2025 Q2	$49M	Buy	381,179 +4,395	+1%	+$537K	0.53%	57
2025 Q1	$47.2M	Buy	376,784 +32,477	+9%	+$4.36M	0.53%	61
2024 Q4	$46.2M	Buy	344,307 +29,443	+9%	+$3.87M	0.52%	64
2024 Q3	$35.2M	Buy	314,864 +29,593	+10%	+$3.24M	0.4%	73
2024 Q2	$29M	Buy	285,271 +24,383	+9%	+$2.55M	0.36%	76
2024 Q1	$29.4M	Buy	+260,888	New	+$27.9M	0.36%	75
2020 Q2	–	Sell	-157,873	Closed	-$8.81M	–	272
2020 Q1	$8.81M	Sell	157,873 -3,485	-2%	-$284K	0.18%	113
2019 Q4	$15.8M	Buy	+161,358	New	+$15M	0.24%	108

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

Madison Asset Management's CFR Position: Q1 2026 in Review

Madison Asset Management reduced its Cullen/Frost Bankers (CFR) stake by 6% in Q1 2026, selling an estimated $2.94M and leaving 335,573 shares worth $46M. The position accounts for 0.57% of the portfolio, ranked #61.

Madison Asset Management first reported a position in CFR in Q4 2019 and has held it in 11 quarters since. The position peaked at $49M in Q2 2025. 537 funds tracked by Wall St. Rank hold CFR as of Q1 2026.

Madison Asset Management held 335,573 shares of Cullen/Frost Bankers worth $46M as of Q1 2026.
Madison Asset Management sold 21,301 Cullen/Frost Bankers shares in Q1 2026, an estimated $2.94M.
Cullen/Frost Bankers made up 0.57% of Madison Asset Management's portfolio in Q1 2026, its #61 holding.
Madison Asset Management first reported a position in Cullen/Frost Bankers in Q4 2019 and has held it in 11 quarters since.
Madison Asset Management's Cullen/Frost Bankers position peaked at $49M in Q2 2025.
537 funds tracked by Wall St. Rank held Cullen/Frost Bankers as of Q1 2026.

Based on Madison Asset Management's 13F filing for Q1 2026, filed 7 May 2026.