Cullen/Frost Bankers
370 hedge funds and large institutions have $5.75B invested in Cullen/Frost Bankers in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 134 increasing their positions, 135 reducing their positions, and 73 closing their positions.
45% more call options, than puts
Call options by funds: $28.7M | Put options by funds: $19.8M
3% more capital invested
Capital invested by funds: $5.6B → $5.75B (+$151M)
0.52% more ownership
Funds ownership: 82.22% → 82.74% (+0.52%)
1% less repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 135
10% less funds holding
Funds holding: 411 → 370 (-41)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$97M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$62M |
| 3 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$27.6M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$26.2M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$49.9M |
| 2 |
Janus Henderson Group
London,
|
-$40.2M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$31.8M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$29.2M |
| 5 |
Millennium Management
New York
|
-$23.6M |
CFR Hedge Fund Activity: Q2 2023 in Review
370 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Cullen/Frost Bankers (CFR) for Q2 2023, worth a combined $5.75B — up 2.7% from $5.6B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of CFR and 35 opened new positions — a net loss of 38 holders — while 135 trimmed existing stakes and 134 added.
The largest buyer was State Street, adding an estimated $97M. The largest seller was Ceredex Value Advisors, cutting an estimated $49.9M.
- 370 institutional investors held Cullen/Frost Bankers (CFR) as of Q2 2023, down from 411 in Q1 2023.
- Funds reported $5.75B of Cullen/Frost Bankers stock for Q2 2023, up 2.7% quarter-over-quarter.
- 35 funds opened new Cullen/Frost Bankers positions in Q2 2023 and 73 closed out, a net change of -38 holders.
- The largest Cullen/Frost Bankers buyer in Q2 2023 was State Street, an estimated $97M added.
- The largest Cullen/Frost Bankers seller in Q2 2023 was Ceredex Value Advisors, an estimated $49.9M sold.
Based on aggregated 13F filings for Q2 2023.