Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cullen Frost Bankers Inc (CFR)

526 + Investors. Track Smart Money conviction in CFR. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +13
Streak
11Q ▲
Buyers last Q
53%

Smart Money Signals — CFR

Based on 531 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added CFR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
531 hedge funds hold CFR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+62 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

262 buying236 selling
Last quarter: 262 funds bought or added vs 236 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 66 → 60 → 94 → 80. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 17% medium ■ 21% new
326 out of 531 hedge funds have held CFR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

79 → 66 → 60 → 94 → 80 new funds/Q
New funds entering each quarter: 66 → 60 → 94 → 80. A growing number of institutions are discovering CFR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 9% 1-2yr ■ 24% new
Of 538 current holders: 361 (67%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
51 of 531 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CFR

In 2026 Q1, 262 hedge funds were net buyers of CFR (80 opened a new position, 182 added to an existing one), while 236 reduced or exited (169 trimmed, 67 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 34% of total institutional value in CFR is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +13 funds (more new holders than closures). Total institutional holders: 531.

Hedge Fund Ownership: CFR

How many hedge funds hold CFR — quarterly history vs. share price
Quarterly hedge fund ownership of CFR vs. share price

Market Analysis: CFR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CFR

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Cullen Frost Bankers Inc (CFR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CFR has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
CFR
+8.0%
XLF
+8.0%

CFR outperformed XLF by +0.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
CFR
+9.9%
XLF
+4.4%

Since the filing became public, CFR outperformed XLF by +5.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

31 top-rated funds 3 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: CFR
526 + Investors

Track Smart Money conviction in CFR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 526 518 1.54%
13F Shares 54M 55M -1.49%
Total Value $7.23B $6.92B 4.52%
New Positions 78 94 -16
Increased Positions 180 140 +40
Closed Positions 70 53 +17
Reduced Positions 166 188 -22
Total Calls 4 3 33.33%
Total Puts 3 3 -
PUT/CALL Ratio 0.75 1.0 Neutral

Statistics: CFR

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Institutional Holders (2026 Q1)

526 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CFR. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CFR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 DB&C Advisors, LLC 2.33% 13,092 $1.8M
2 Polaris Capital Management, LLC 2.29% 204,000 $28.0M
3 Greenfield Seitz Capital Management, LLC 2.20% 53,311 $7.3M
4 Lawson Kroeker Investment Management Inc/Ne 2.14% 53,647 $7.4M
5 Glass Wealth Management Co LLC 1.75% 32,956 $4.5M
6 Champlain Investment Partners, LLC 1.49% 855,190 $117.2M
7 Aristotle Capital Management, LLC 1.37% 4,765,009 $653.2M
8 Carlson Capital, L.P. 1.24% 28,818 $4.0M
9 Boston Trust Walden Corp 1.09% 967,849 $132.7M
10 Riverwater Partners LLC 1.05% 23,011 $3.2M
11 VARCOV Co. 1.01% 19,780 $2.7M
12 Palisade Capital Management, LP 1.00% 219,375 $30.1M
13 TCTC Holdings, LLC 0.86% 219,887 $30.1M
14 Deprince Race & Zollo Inc 0.85% 328,489 $45.0M
15 M.E. Allison & CO., INC. 0.79% 8,734 $1.2M
16 King Luther Capital Management Corp 0.79% 1,325,964 $181.8M
17 Westwood Holdings Group Inc 0.74% 743,728 $102.0M
18 Eight 31 Financial, LLC 0.73% 8,788 $1.2M
19 Sprucegrove Investment Management Ltd 0.72% 32,708 $4.5M
20 Oak Harvest Investment Services 0.69% 48,509 $6.6M
21 Hilton Capital Management, LLC 0.67% 64,838 $8.9M
22 Artemis Investment Management LLP 0.61% 417,245 $57.2M
23 Madison Asset Management, LLC 0.57% 335,573 $46.0M
24 Sciencast Management LP 0.54% 30,776 $4.2M
25 TRB Wealth Management, LLC 0.53% 26,990 $3.7M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cullen Frost Bankers Inc (CFR)

What does the Smart Money Trend signal show for CFR?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added CFR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CFR?

Slight buying edge — 53% buying: Last quarter: 262 funds bought or added vs 236 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CFR holders?

Strong quality — 34% AUM from major funds: 51 of 531 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CFR?

61% of holders stayed for 2+ years: 326 out of 531 hedge funds have held CFR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Cullen Frost Bankers Inc (CFR) following the 2026 Q1 hedge fund 13F filings?

As of today, CFR has moved +9.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.4% for the XLF sector ETF — an outperformance of +5.5%. Since the quarter end (March 31, 2026), CFR has gained +8.0% vs +8.0% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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