Cullen/Frost Bankers
CFR
484 hedge funds and large institutions have $6.76B invested in Cullen/Frost Bankers in 2025 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 151 increasing their positions, 175 reducing their positions, and 47 closing their positions.
371% more call options, than puts
Call options by funds: $24.3M | Put options by funds: $5.15M
70% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 47
6% more funds holding
Funds holding: 458 → 484 (+26)
2.63% less ownership
Funds ownership: 86.68% → 84.05% (-2.6%)
14% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 175
28% less capital inflows, than outflows
Capital inflows: $419M | Capital outflows: $581M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$70.3M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
+$54.2M |
| 3 |
Goldman Sachs
New York
|
+$31M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$25.7M |
| 5 |
Morgan Stanley
New York
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Champlain Investment Partners
Burlington,
Vermont
|
-$128M |
| 2 |
Neuberger Berman Group
New York
|
-$53.7M |
| 3 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$46.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$39M |
| 5 |
State Street
Boston,
Massachusetts
|
-$37.2M |
CFR Hedge Fund Activity: Q1 2025 in Review
484 of the 7,489 institutional investors tracked by Wall St. Rank reported a position in Cullen/Frost Bankers (CFR) for Q1 2025, worth a combined $6.76B — down 9.4% from $7.46B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new CFR positions and 47 closed out — a net gain of 33 holders — while 151 added to existing stakes and 175 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $70.3M. The largest seller was Champlain Investment Partners, cutting an estimated $128M.
- 484 institutional investors held Cullen/Frost Bankers (CFR) as of Q1 2025, up from 458 in Q4 2024.
- Funds reported $6.76B of Cullen/Frost Bankers stock for Q1 2025, down 9.4% quarter-over-quarter.
- 80 funds opened new Cullen/Frost Bankers positions in Q1 2025 and 47 closed out, a net change of +33 holders.
- The largest Cullen/Frost Bankers buyer in Q1 2025 was First Trust Advisors, an estimated $70.3M added.
- The largest Cullen/Frost Bankers seller in Q1 2025 was Champlain Investment Partners, an estimated $128M sold.
Based on aggregated 13F filings for Q1 2025.