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Asset Manager ← All Institutions

Cullen Capital Management, LLC

Q4 2025 · Filed 2026-02-13
Market Value
$9.0B
-1.3%
Holdings
232
+11
New Purchases
19
Added To
55
Closed
13
Reduced
117
Top 10 Concentration
29.2%
Turnover
13.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
XLC 0.64% 0.02% +0.62% $58M
FHN 0.54% 0.01% +0.53% $49M
MRK 2.69% 2.16% +0.52% $241M
AIG 0.47% 0.00% +0.47% $42M
QCOM 1.64% 1.22% +0.43% $148M
XLI 0.41% 0.01% +0.40% $37M
XLP 0.40% 0.01% +0.39% $36M
UNP 0.40% 0.02% +0.38% $36M
XLRE 0.37% 0.00% +0.36% $33M
UNH 1.22% 0.90% +0.33% $110M
ASX 1.01% 0.69% +0.32% $90M
XLB 0.32% 0.00% +0.31% $28M
NVO 0.31% 0.00% +0.31% $28M
NVS 3.20% 2.92% +0.28% $287M
C 2.99% 2.74% +0.25% $269M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
UL 0.00% 1.63% -1.63% $0
DEO 0.62% 1.37% -0.75% $56M
DOC 1.66% 2.16% -0.50% $149M
VICI 1.78% 2.27% -0.49% $160M
JPM 3.02% 3.49% -0.47% $271M
CMCSA 1.39% 1.85% -0.46% $124M
KVUE 0.00% 0.43% -0.43% $176K
NSC 0.00% 0.40% -0.40% $216K
DOW 0.59% 0.95% -0.36% $53M
MO 1.50% 1.80% -0.30% $135M
DUK 2.49% 2.75% -0.26% $223M
GPC 1.83% 2.07% -0.24% $164M
T 1.58% 1.81% -0.23% $142M
EOG 0.53% 0.71% -0.18% $48M
VZ 0.57% 0.74% -0.17% $51M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 41 $3.7B 41.5%
Large Cap 121 $5.1B 56.9%
Mid Cap 49 $125M 1.4%
Small Cap 17 $9M 0.1%
Micro Cap 4 $2M 0.0%

Portfolio Analytics

Avg Market Cap
$164.4B
Median Market Cap
$33.3B
Avg P/E
26.7
Median P/E
20.3
Avg Dividend Yield
0.03%
Avg Beta
0.82
# Stocks
200
# ETFs / Funds
32

Top Holdings (232 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 CSCO 3.20% 3,732,436 $288M $77.03 $18M -205,336 -5.2%
2 NVS 3.20% 2,080,796 $287M $137.87 $21M +10,419 +0.5%
3 BAC 3.17% 5,170,265 $284M $55.00 $3M -281,807 -5.2%
4 JPM 3.02% 841,839 $271M $322.22 -$46M -164,826 -16.4%
5 C 2.99% 2,302,748 $269M $116.69 $19M -153,832 -6.3%
6 MS 2.98% 1,504,927 $267M $177.53 $19M -57,665 -3.7%
7 MRK 2.69% 2,291,041 $241M $105.26 $44M -52,411 -2.2%
8 JNJ 2.67% 1,159,046 $240M $206.95 $18M -36,315 -3.0%
9 MDT 2.67% 2,495,206 $240M $96.06 -$15M -177,169 -6.6%
10 GD 2.61% 695,181 $234M $336.66 -$12M -25,835 -3.6%
11 DUK 2.49% 1,906,717 $223M $117.21 -$26M -113,260 -5.6%
12 RTX 2.43% 1,190,191 $218M $183.40 -$16M -209,689 -15.0%
13 TFC 2.38% 4,347,033 $214M $49.21 $4M -244,750 -5.3%
14 CB 2.37% 681,729 $213M $312.12 $19M -4,158 -0.6%
15 JCI 2.31% 1,728,794 $207M $119.75 $4M -120,535 -6.5%
16 XOM 2.27% 1,693,138 $204M $120.34 -$12M -218,973 -11.4%
17 NEE 2.20% 2,460,053 $197M $80.28 $9M -35,053 -1.4%
18 PM 2.13% 1,191,567 $191M $160.40 -$3M -7,364 -0.6%
19 AVGO 2.05% 531,398 $184M $346.10 -$14M -68,451 -11.4%
20 COP 2.00% 1,915,053 $179M $93.61 -$6M -41,963 -2.1%
21 GPC 1.83% 1,336,590 $164M $122.96 -$24M -22,408 -1.6%
22 VICI 1.78% 5,688,540 $160M $28.12 -$46M -638,768 -10.1%
23 DOC 1.66% 9,247,344 $149M $16.08 -$47M -985,531 -9.6%
24 QCOM 1.64% 863,078 $148M $171.05 $37M +197,624 +29.7%
25 LOW 1.63% 607,775 $147M $241.16 -$10M -14,258 -2.3%
26 TRV 1.61% 497,171 $144M $290.06 $2M -11,082 -2.2%
27 T 1.58% 5,714,515 $142M $24.84 -$22M -106,114 -1.8%
28 BCE 1.51% 5,693,693 $136M $23.82 -$14M -696,172 -10.9%
29 BDX 1.51% 697,777 $135M $194.07 $1M -18,483 -2.6%
30 MO 1.50% 2,338,076 $135M $57.66 -$29M -142,696 -5.8%
31 CVX 1.48% 870,778 $133M $152.41 -$6M -22,993 -2.6%
32 CMCSA 1.39% 4,159,312 $124M $29.89 -$44M -1,184,511 -22.2%
33 UNH 1.22% 332,894 $110M $330.11 $28M +96,218 +40.6%
34 UPS 1.20% 1,081,467 $107M $99.19 -$9M -313,811 -22.5%
35 MSFT 1.09% 202,963 $98M $483.62 -$11M -7,599 -3.6%
36 CCI 1.06% 1,066,389 $95M $88.87 -$14M -65,361 -5.8%
37 TGT 1.01% 925,442 $90M $97.75 -$4M -130,067 -12.3%
38 ASX 1.01% 5,607,381 $90M $16.10 $28M -11,441 -0.2%
39 OMC 0.97% 1,080,978 $87M $80.75 -$9M -103,163 -8.7%
40 BTI 0.84% 1,334,963 $76M $56.62 $5M +163 +0.0%
41 TSM 0.81% 237,805 $72M $303.89 $2M -13,269 -5.3%
42 BMY 0.71% 1,176,726 $63M $53.94 $3M -164,121 -12.2%
43 NGG 0.66% 761,975 $59M $77.35 $6M +30,414 +4.2%
44 XLC 0.64% 490,271 $58M $117.72 $56M +474,152 +2941.6%
45 PCAR 0.64% 525,036 $57M $109.51 $3M -33,387 -6.0%
46 DEO 0.62% 650,211 $56M $86.27 -$69M -659,047 -50.3%
47 PNC 0.60% 259,784 $54M $208.73 $14M +58,381 +29.0%
48 PPL 0.59% 1,509,426 $53M $35.02 -$15M -312,296 -17.1%
49 DOW 0.59% 2,257,481 $53M $23.38 -$33M -1,500,743 -39.9%
50 PFE 0.58% 2,097,331 $52M $24.90 -$5M -161,356 -7.1%
51 IBN 0.58% 1,747,387 $52M $29.80 -$220K +17,572 +1.0%
52 VZ 0.57% 1,260,646 $51M $40.73 -$16M -277,377 -18.0%
53 ENB 0.57% 1,063,905 $51M $47.83 -$1M +33,797 +3.3%
54 TM 0.56% 236,355 $51M $214.06 $13M +39,241 +19.9%
55 FHN 0.54% 2,030,457 $49M $23.90 $47M +1,972,461 +3401.0%
56 EOG 0.53% 452,854 $48M $105.01 -$17M -124,085 -21.5%
57 IBM 0.51% 154,588 $46M $296.21 -$2M -16,412 -9.6%
58 SYY 0.51% 619,282 $46M $73.69 -$11M -66,497 -9.7%
59 CCEP 0.50% 491,058 $45M $90.70 -$3M -29,301 -5.6%
60 AIG 0.47% 494,273 $42M $85.55 +494,273 NEW
61 KDP 0.46% 1,478,726 $41M $28.01 $2M -47,446 -3.1%
62 KOF 0.45% 423,641 $40M $94.71 $2M -34,614 -7.5%
63 RIO 0.44% 498,868 $40M $80.03 $21M +209,107 +72.2%
64 PPG 0.44% 386,150 $40M $102.46 -$3M -19,341 -4.8%
65 XLI 0.41% 237,878 $37M $155.12 $36M +230,493 +3121.1%
66 TIGO 0.41% 656,608 $36M $55.44 $5M +13,577 +2.1%
67 UNP 0.40% 155,665 $36M $231.32 $34M +146,576 +1612.7%
68 XLP 0.40% 461,242 $36M $77.68 $35M +453,701 +6016.5%
69 SHEL 0.39% 480,347 $35M $73.48 $273K -9,284 -1.9%
70 XLRE 0.37% 816,329 $33M $40.35 $33M +809,021 +11070.4%
71 XLB 0.32% 626,265 $28M $45.35 $28M +622,098 +14929.2%
72 NVO 0.31% 547,520 $28M $50.88 +547,520 NEW
73 PBR 0.30% 2,271,269 $27M $11.85 $7M +694,992 +44.1%
74 EWY 0.29% 269,232 $26M $97.22 $8M +46,489 +20.9%
75 CPA 0.22% 163,557 $20M $120.61 -$5M -45,844 -21.9%
76 SNY 0.19% 360,777 $17M $48.46 -$664K -23,705 -6.2%
77 EFV 0.17% 217,890 $16M $71.41 -$152K -13,742 -5.9%
78 XLV 0.16% 94,269 $15M $154.80 $13M +85,659 +994.9%
79 TOTB.DE 0.15% 199,123 $13M $65.42 +199,123 NEW
80 ACWX 0.14% 186,200 $12M $67.13 $5M +66,539 +55.6%
81 EEM 0.11% 187,165 $10M $54.71 -$2M -42,353 -18.4%
82 EWT 0.11% 154,975 $10M $63.53 -$88K -1,163 -0.7%
83 KB 0.11% 110,730 $10M $86.04 $239K -1,299 -1.2%
84 XLE 0.10% 204,009 $9M $44.71 +204,009 NEW
85 IWD 0.07% 30,562 $6M $210.34 $6M +28,946 +1791.2%
86 LAUR 0.07% 186,590 $6M $33.67 -$7M -221,389 -54.3%
87 AXP 0.07% 16,977 $6M $369.95 $578K -192 -1.1%
88 BABA 0.07% 42,462 $6M $146.58 -$2M -3,202 -7.0%
89 AMAT 0.06% 20,110 $5M $256.99 $624K -2,083 -9.4%
90 ITUB 0.05% 685,872 $5M $7.16 -$3K +16,460 +2.5%
91 WMT 0.05% 42,019 $5M $111.42 $182K -1,643 -3.8%
92 ETN 0.05% 14,304 $5M $318.51 -$243K +1,480 +11.5%
93 DIS 0.05% 37,453 $4M $113.77 -$201K -1,520 -3.9%
94 ORCL 0.05% 21,445 $4M $194.91 -$2M -119 -0.6%
95 EPI 0.05% 88,959 $4M $46.29 $45K -3,186 -3.5%
96 BWA 0.04% 88,811 $4M $45.06 $60K -856 -0.9%
97 XLF 0.04% 71,693 $4M $54.77 +71,693 NEW
98 CI 0.04% 13,912 $4M $275.23 -$214K -113 -0.8%
99 ALL 0.04% 17,556 $4M $208.15 -$120K -29 -0.2%
100 HON 0.04% 18,068 $4M $195.08 -$281K

New Positions

SymbolValue% Port
AIG $42M 0.47%
NVO $28M 0.31%
TOTB.DE $13M 0.15%
XLE $9M 0.10%
XLF $4M 0.04%
AXIA $3M 0.03%
DVY $3M 0.03%
CGW $2M 0.02%
Q $961K 0.01%
XLU $934K 0.01%
REET $588K 0.01%
PPH $477K 0.01%
WOOD $472K 0.01%
POOL $458K 0.01%
XLK $307K —%

Sold Out Positions

SymbolValue% Port
RYN —%
HPP —%
UL —%
KFY —%
SUZ —%
PSA —%
TTE —%
NOC —%
KSPI —%
IWM —%
ILF —%
EWZ —%
EWM —%
View SEC EDGAR Filings for Cullen Capital Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms