Cullen/Frost Bankers
CFR
528 hedge funds and large institutions have $6.97B invested in Cullen/Frost Bankers in 2025 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 141 increasing their positions, 197 reducing their positions, and 35 closing their positions.
157% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 35
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
10% more funds holding
Funds holding: 480 → 528 (+48)
0.73% less ownership
Funds ownership: 86.8% → 86.06% (-0.73%)
2% less capital invested
Capital invested by funds: $7.08B → $6.97B (-$109M)
28% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 197
31% less call options, than puts
Call options by funds: $3.96M | Put options by funds: $5.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$106M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$21.3M |
| 3 |
Morgan Stanley
New York
|
+$20.7M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$14.6M |
| 5 |
CCIA
Campbell & Co Investment Adviser
Baltimore,
Maryland
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$126M |
| 2 |
Neuberger Berman Group
New York
|
-$78.3M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$65.4M |
| 4 |
Aristotle Capital Management
Los Angeles,
California
|
-$33.9M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$27.3M |
CFR Hedge Fund Activity: Q4 2025 in Review
528 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Cullen/Frost Bankers (CFR) for Q4 2025, worth a combined $6.97B — down 1.5% from $7.08B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new CFR positions and 35 closed out — a net gain of 55 holders — while 141 added to existing stakes and 197 trimmed.
The largest buyer was BlackRock, adding an estimated $106M. The largest seller was Fidelity Investments, cutting an estimated $126M.
- 528 institutional investors held Cullen/Frost Bankers (CFR) as of Q4 2025, up from 480 in Q3 2025.
- Funds reported $6.97B of Cullen/Frost Bankers stock for Q4 2025, down 1.5% quarter-over-quarter.
- 90 funds opened new Cullen/Frost Bankers positions in Q4 2025 and 35 closed out, a net change of +55 holders.
- The largest Cullen/Frost Bankers buyer in Q4 2025 was BlackRock, an estimated $106M added.
- The largest Cullen/Frost Bankers seller in Q4 2025 was Fidelity Investments, an estimated $126M sold.
Based on aggregated 13F filings for Q4 2025.