CULLEN/FROST BANKERS INC - Security Detail

Period	Total Value	Value Change	Total Holders	Holder Change
2024-06-30	$5.31B	-	394	-
2024-09-30	$6.21B	+16.9%	432	+9.6%
2024-12-31	$7.51B	+20.8%	368	-14.8%

Institution	Value	Shares	% of Portfolio
MARTIN CAPITAL PARTNERS, LLC	$2.9M	21K	3.4%
GLASS WEALTH MANAGEMENT CO LLC	$4.8M	35K	2.6%
CHAMPLAIN INVESTMENT PARTNERS, LLC	$358.5M	2,670K	2.3%
LATHROP INVESTMENT MANAGEMENT CO	$11.2M	83K	2.1%
POLARIS CAPITAL MANAGEMENT, LLC	$41.3M	307K	2.0%
SPRUCEGROVE INVESTMENT MANAGEMENT LTD	$22.0M	163K	1.6%
ARISTOTLE CAPITAL MANAGEMENT, LLC	$777.9M	5,794K	1.5%
ROWLANDMILLER & PARTNERS.ADV	$7.1M	52K	1.5%
TCTC HOLDINGS, LLC	$29.3M	218K	1.1%
PALISADE CAPITAL MANAGEMENT, LP	$37.4M	278K	1.0%
BOSTON TRUST WALDEN CORP	$141.3M	1,052K	1.0%
WATCHMAN GROUP, INC.	$3.7M	27K	1.0%
GROESBECK INVESTMENT MANAGEMENT CORP /NJ/	$0.7M	5K	1.0%
DEPRINCE RACE & ZOLLO INC	$46.8M	348K	0.9%
EIGHT 31 FINANCIAL, LLC	$1.2M	9K	0.9%
FIRST NATIONAL BANK OF OMAHA	$14.1M	104K	0.9%
KING LUTHER CAPITAL MANAGEMENT CORP	$208.9M	1,556K	0.9%
RIVERWATER PARTNERS LLC	$1.7M	12K	0.8%
WEALTHPLAN INVESTMENT MANAGEMENT, LLC	$7.6M	56K	0.8%
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.	$80.1M	596K	0.7%
WEALTHPLAN PARTNERS, LLC	$4.8M	35K	0.7%
17 CAPITAL PARTNERS, LLC	$1.1M	8K	0.7%
SIH PARTNERS, LLLP	$13.3M	99K	0.7%
VELA INVESTMENT MANAGEMENT, LLC	$2.3M	17K	0.6%
CENTENNIAL BANK/AR/	$1.2M	9K	0.6%

Ticker	Exchange	Security	Similarity Score	Common Holders	Total Holders
TECH	US	BIO-TECHNE CORP	0.004	2	485
ALC	US	ALCON INC	0.004	2	524
BF/B	US	BROWN-FORMAN CORP-CLASS B	0.004	2	533
SONY	US	SONY GROUP CORP - SP ADR	0.004	2	553
TROW	US	T ROWE PRICE GROUP INC	0.004	3	848
EG	US	EVEREST GROUP LTD	0.004	2	571
TTE	US	TOTALENERGIES SE -SPON ADR	0.003	2	595
MKL	US	MARKEL GROUP INC	0.003	2	658
GD	US	GENERAL DYNAMICS CORP	0.003	4	1341
XYL	US	XYLEM INC	0.003	2	778
MLM	US	MARTIN MARIETTA MATERIALS	0.003	2	793
UPS	US	UNITED PARCEL SERVICE-CL B	0.002	4	1658
CVS	US	CVS HEALTH CORP	0.002	3	1255
MCHP	US	MICROCHIP TECHNOLOGY INC	0.002	2	885
PSX	US	PHILLIPS 66	0.002	3	1333
CB	US	CHUBB LTD	0.002	3	1383
GILD	US	GILEAD SCIENCES INC	0.002	3	1390
NVS	US	NOVARTIS AG-SPONSORED ADR	0.002	2	969
CTVA	US	CORTEVA INC	0.002	2	994
INTC	US	INTEL CORP	0.002	3	1524
QCOM	US	QUALCOMM INC	0.002	4	2048
VZ	US	VERIZON COMMUNICATIONS INC	0.002	4	2136
FCX	US	FREEPORT-MCMORAN INC	0.002	2	1123
WMB	US	WILLIAMS COS INC	0.002	2	1148
AFL	US	AFLAC INC	0.002	2	1154