Watchman Group’s Cullen/Frost Bankers CFR Stock Holding History

Watchman Group’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
2025 Q4	–	Sell	-26,029	Closed	-$3.3M	–	78
2025 Q3	$3.3M	Sell	26,029 -503	-2%	-$65.4K	0.8%	40
2025 Q2	$3.41M	Sell	26,532 -126	-0.5%	-$15.4K	0.89%	37
2025 Q1	$3.34M	Sell	26,658 -1,190	-4%	-$160K	0.94%	37
2024 Q4	$3.74M	Sell	27,848 -495	-2%	-$65K	0.98%	36
2024 Q3	$3.17M	Buy	28,343 +496	+2%	+$54.2K	0.83%	43
2024 Q2	$2.83M	Buy	+27,847	New	+$2.92M	0.9%	44

Other funds holding CFR

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

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

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

Luther King Capital Management (LKCM) Fort Worth, Texas $23.1B AUM 21.31% 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

CIP

Champlain Investment Partners Burlington, Vermont $7.88B AUM 6.82% 1-Year Est. Return

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

BTW

Boston Trust Walden Boston, Massachusetts $12.2B AUM 12.45% 1-Year Est. Return

Watchman Group's CFR Position: Q4 2025 in Review

Watchman Group sold out of Cullen/Frost Bankers (CFR) in Q4 2025, closing a stake of 26,029 shares — an estimated $3.3M sold.

Watchman Group first reported a position in CFR in Q2 2024 and held it in 6 quarters. The position peaked at $3.74M in Q4 2024. 526 funds tracked by Wall St. Rank hold CFR as of Q4 2025.

Watchman Group reported no remaining Cullen/Frost Bankers position as of Q4 2025 after selling out during the quarter.
Watchman Group sold 26,029 Cullen/Frost Bankers shares in Q4 2025, an estimated $3.3M.
Watchman Group first reported a position in Cullen/Frost Bankers in Q2 2024 and held it in 6 quarters.
Watchman Group's Cullen/Frost Bankers position peaked at $3.74M in Q4 2024.
526 funds tracked by Wall St. Rank held Cullen/Frost Bankers as of Q4 2025.

Based on Watchman Group's 13F filing for Q4 2025, filed 6 Feb 2026.