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Cullen/Frost Bankers

480 hedge funds and large institutions have $6.94B invested in Cullen/Frost Bankers in 2025 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 175 increasing their positions, 157 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

564% more call options, than puts

Call options by funds: $20.6M | Put options by funds: $3.1M

11% more repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 157

7% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 61

3% more capital invested

Capital invested by funds: $6.75B → $6.94B (+$185M)

0.03% more ownership

Funds ownership: 83.94%83.97% (+0.03%)

0% more funds holding

Funds holding: 480480 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
480
Holders Change
Holders Change %
0%
% of All Funds
6.32%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
65
Increased
175
Reduced
157
Closed
61
Calls
$20.6M
Puts
$3.1M
Net Calls
+$17.5M
Net Calls Change
-$1.62M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$839M +$26.8M +219,015 +3%
BlackRock
2
BlackRock
New York
$773M -$5.86M -47,950 -0.8%
Aristotle Capital Management
3
Aristotle Capital Management
California
$720M -$7.86M -64,275 -1%
State Street
4
State Street
Massachusetts
$442M -$4.52M -36,998 -1%
CIP
5
Champlain Investment Partners
Vermont
$223M +$2.05M +16,771 +1%
Luther King Capital Management (LKCM)
6
Luther King Capital Management (LKCM)
Texas
$181M -$4.75M -38,871 -3%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$170M +$19.6M +160,048 +14%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$167M +$4.06M +33,207 +3%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$150M +$1.14M +9,332 +0.8%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$143M +$6.49M +53,084 +5%
BTW
11
Boston Trust Walden
Massachusetts
$141M -$1.48M -12,121 -1%
Janus Henderson Group
12
Janus Henderson Group
United Kingdom
$136M +$26.5M +217,061 +26%
Bank of America
13
Bank of America
North Carolina
$134M -$10.6M -86,444 -8%
Northern Trust
14
Northern Trust
Illinois
$121M -$13.1M -107,140 -10%
Impax Asset Management Group
15
Impax Asset Management Group
United Kingdom
$105M +$37.2M +304,491 +59%
VNIM
16
Vaughan Nelson Investment Management
Texas
$104M +$11.6M +95,225 +13%
Principal Financial Group
17
Principal Financial Group
Iowa
$99.5M -$4.61M -37,745 -5%
JP Morgan Chase
18
JP Morgan Chase
New York
$97.4M -$3.15M -25,782 -3%
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$95.5M +$11.6M +94,985 +15%
Goldman Sachs
20
Goldman Sachs
New York
$91.2M +$12.7M +103,986 +17%
Norges Bank
21
Norges Bank
Norway
$90.5M -$693K -5,669 -0.8%
First Trust Advisors
22
First Trust Advisors
Illinois
$83.9M -$1.71M -14,014 -2%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$78.6M -$2.96M -24,229 -4%
SEI Investments
24
SEI Investments
Pennsylvania
$70.4M +$2.89M +23,654 +5%
Charles Schwab
25
Charles Schwab
California
$69.4M -$1.64M -13,373 -2%

CFR Hedge Fund Activity: Q2 2025 in Review

480 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Cullen/Frost Bankers (CFR) for Q2 2025, worth a combined $6.94B — up 2.7% from $6.75B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new CFR positions and 61 closed out — a net gain of 4 holders — while 175 added to existing stakes and 157 trimmed.

The largest buyer was Impax Asset Management Group, adding an estimated $37.2M. The largest seller was Montrusco Bolton Investments, exiting entirely with an estimated $105M sold.

  • 480 institutional investors held Cullen/Frost Bankers (CFR) as of Q2 2025, unchanged from Q1 2025.
  • Funds reported $6.94B of Cullen/Frost Bankers stock for Q2 2025, up 2.7% quarter-over-quarter.
  • 65 funds opened new Cullen/Frost Bankers positions in Q2 2025 and 61 closed out, a net change of +4 holders.
  • The largest Cullen/Frost Bankers buyer in Q2 2025 was Impax Asset Management Group, an estimated $37.2M added.
  • The largest Cullen/Frost Bankers seller in Q2 2025 was Montrusco Bolton Investments, an estimated $105M sold.

Based on aggregated 13F filings for Q2 2025.