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Cullen/Frost Bankers

279 hedge funds and large institutions have $3B invested in Cullen/Frost Bankers in 2016 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 117 increasing their positions, 97 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more call options, than puts

Call options by funds: $34.2M | Put options by funds: $26.1M

21% more repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 97

5.99% more ownership

Funds ownership: 82.29%88.28% (+6%)

1% less capital invested

Capital invested by funds: $3.03B → $3B (-$35.4M)

7% less funds holding

Funds holding: 301279 (-22)

35% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 55

Holders
279
Holders Change
-22
Holders Change %
-7.31%
% of All Funds
7.43%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
36
Increased
117
Reduced
97
Closed
55
Calls
$34.2M
Puts
$26.1M
Net Calls
+$8.15M
Net Calls Change
+$14.1M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$384M +$68.7M +1,327,149 +24%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$274M +$258M +4,980,056 New
Vanguard Group
3
Vanguard Group
Pennsylvania
$219M -$12.6M -244,388 -6%
Invesco
4
Invesco
Georgia
$173M +$55.3M +1,068,313 +52%
Luther King Capital Management (LKCM)
5
Luther King Capital Management (LKCM)
Texas
$124M +$2.59M +50,139 +2%
WCM
6
Wedge Capital Management
North Carolina
$114M +$75.1M +1,450,602 +232%
JP Morgan Chase
7
JP Morgan Chase
New York
$108M -$2.38M -46,012 -2%
Neuberger Berman Group
8
Neuberger Berman Group
New York
$106M -$7.71M -149,031 -7%
BFA
9
BlackRock Fund Advisors
California
$103M -$2.54M -49,097 -3%
Aristotle Capital Management
10
Aristotle Capital Management
California
$97.8M +$40.1M +773,931 +77%
BIT
11
BlackRock Institutional Trust
California
$87.3M -$387K -7,470 -0.5%
CIP
12
Champlain Investment Partners
Vermont
$48.4M +$2.14M +41,360 +5%
CP
13
Coho Partners
Pennsylvania
$43.2M +$1.48M +28,683 +4%
Bank of America
14
Bank of America
North Carolina
$40.9M -$34.2M -661,160 -47%
EAM
15
Edge Asset Management
Washington
$39M +$7.23M +139,784 +25%
FMI
16
Fiduciary Management Inc
Wisconsin
$37M -$31.7M -611,554 -48%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$36.8M -$4.5M -86,903 -12%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$36.7M -$987K -19,063 -3%
Wellington Management Group
19
Wellington Management Group
Massachusetts
$33.1M +$3.51M +67,792 +13%
DRZID
20
DePrince Race & Zollo Inc (DRZ)
Florida
$31.5M -$5.34M -103,204 -15%
Principal Financial Group
21
Principal Financial Group
Iowa
$30.5M +$6.5M +125,584 +29%
Schroder Investment Management Group
22
Schroder Investment Management Group
United Kingdom
$27.6M +$25.6M +494,300 +29,076%
Allianz Asset Management
23
Allianz Asset Management
Germany
$27M -$25.1M -485,576 -50%
Northern Trust
24
Northern Trust
Illinois
$26.8M +$716K +13,834 +3%
Norges Bank
25
Norges Bank
Norway
$25.6M +$1.16M +22,354 +5%

CFR Hedge Fund Activity: Q1 2016 in Review

279 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cullen/Frost Bankers (CFR) for Q1 2016, worth a combined $3B — down 1.2% from $3.03B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of CFR and 36 opened new positions — a net loss of 19 holders — while 97 trimmed existing stakes and 117 added.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $258M. The largest seller was Atlanta Capital Management, exiting entirely with an estimated $102M sold.

  • 279 institutional investors held Cullen/Frost Bankers (CFR) as of Q1 2016, down from 301 in Q4 2015.
  • Funds reported $3B of Cullen/Frost Bankers stock for Q1 2016, down 1.2% quarter-over-quarter.
  • 36 funds opened new Cullen/Frost Bankers positions in Q1 2016 and 55 closed out, a net change of -19 holders.
  • The largest Cullen/Frost Bankers buyer in Q1 2016 was Fidelity Investments, an estimated $258M added.
  • The largest Cullen/Frost Bankers seller in Q1 2016 was Atlanta Capital Management, an estimated $102M sold.

Based on aggregated 13F filings for Q1 2016.