CULLEN FROST BANKERS INC

Ticker: CFR CUSIP: 229899109 Class: COM

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BlackRock, Inc.7,044,565$892,053
VANGUARD GROUP INC6,404,703$811,028
Aristotle Capital Management, LLC5,010,178$634,447
STATE STREET CORP3,351,607$424,414
KING LUTHER CAPITAL MANAGEMENT CORP1,332,319$168,712
DIMENSIONAL FUND ADVISORS LP1,293,964$163,862
GEODE CAPITAL MANAGEMENT, LLC1,224,265$155,059
Champlain Investment Partners, LLC1,168,081$147,914
BANK OF AMERICA CORP /DE/1,083,239$137,171
Boston Trust Walden Corp1,043,754$132,171
JANUS HENDERSON GROUP PLC964,846$122,177
NORTHERN TRUST CORP949,039$120,177
Impax Asset Management Group plc915,931$115,984
NEUBERGER BERMAN GROUP LLC794,892$100,657
WESTWOOD HOLDINGS GROUP INC778,429$98,572
FIRST TRUST ADVISORS LP744,009$94,214
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.739,402$93,630
GOLDMAN SACHS GROUP INC735,724$93,165
NORGES BANK733,668$92,904
PRINCIPAL FINANCIAL GROUP INC688,652$87,207
JPMORGAN CHASE & CO661,772$83,800
MORGAN STANLEY641,890$81,283
MANUFACTURERS LIFE INSURANCE COMPANY, THE622,544$78,833
Bank of New York Mellon Corp539,713$68,344
CHARLES SCHWAB INVESTMENT MANAGEMENT INC526,308$66,646
SEI INVESTMENTS CO504,646$63,904
ROYAL BANK OF CANADA407,100$51,551
Alberta Investment Management Corp400,000$50,652
GW&K Investment Management, LLC383,363$49
NATIXIS ADVISORS, L.P.373,373$47
Madison Asset Management, LLC356,874$45,191
TWO SIGMA INVESTMENTS, LP322,868$40,885
DEPRINCE RACE & ZOLLO INC322,128$40,791
FMR LLC313,583$39,709
Fiera Capital Corp306,448$38,806
JACOBS LEVY EQUITY MANAGEMENT, INC289,559$36,667
ProShare Advisors LLC268,194$33,961
MILLENNIUM MANAGEMENT LLC265,937$33,676
UBS Group AG251,636$31,865
PALISADE CAPITAL MANAGEMENT, LP236,110$29,899
ENVESTNET ASSET MANAGEMENT INC220,289$27,895
TCTC Holdings, LLC218,020$27,608
Polaris Capital Management, LLC214,500$27,162
TWO SIGMA ADVISERS, LP210,800$26,694
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO198,050$25
BESSEMER GROUP INC186,738$24
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP185,264$23,460
BARTLETT & CO. WEALTH MANAGEMENT LLC181,495$22,983
NEW YORK STATE COMMON RETIREMENT FUND166,431$21,075
AMERIPRISE FINANCIAL INC165,987$21,017
Retirement Systems of Alabama161,539$20,456
RHUMBLINE ADVISERS158,911$20,123
WELLS FARGO & COMPANY/MN157,142$19,899
Bridgewater Associates, LP153,492$19,437
RAYMOND JAMES FINANCIAL INC150,098$19,007
Lido Advisors, LLC149,882$19,000
D. E. Shaw & Co., Inc.148,630$18,821
CITADEL ADVISORS LLC146,842$18,595
UBS ASSET MANAGEMENT AMERICAS INC140,188$17,752
Invesco Ltd.139,371$17,649
BARCLAYS PLC138,691$17,562
WELLINGTON MANAGEMENT GROUP LLP134,356$17,014
Verition Fund Management LLC130,944$16,581
RENAISSANCE TECHNOLOGIES LLC130,200$16,487
Ceredex Value Advisors LLC127,950$16,202
Swiss National Bank120,500$15,259
AQR CAPITAL MANAGEMENT LLC113,300$14,347
Campbell & CO Investment Adviser LLC110,067$13,938
Trexquant Investment LP105,908$13,411
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM105,087$13,307
Squarepoint Ops LLC102,467$12,975
M&T Bank Corp96,378$12,204
Russell Investments Group, Ltd.96,013$12,160
Legal & General Group Plc91,970$11,646
FIRST NATIONAL BANK OF OMAHA88,389$11,193
COMMONWEALTH EQUITY SERVICES, LLC86,587$10,965
ALLIANCEBERNSTEIN L.P.79,592$10,079
Nuveen, LLC77,477$9,811
NEW YORK STATE TEACHERS RETIREMENT SYSTEM75,632$10
Martin Capital Partners, LLC70,133$9
HSBC HOLDINGS PLC67,379$8,564
WHITTIER TRUST CO66,774$9,017
Rafferty Asset Management, LLC64,815$8,208
Cerity Partners LLC63,511$8,042
STIFEL FINANCIAL CORP63,005$7,979
LPL Financial LLC62,734$7,944
Hilton Capital Management, LLC59,625$7,550
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM57,805$7,320
JANE STREET GROUP, LLC55,341$7,008
CITIGROUP INC54,601$6,914
LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE53,723$6,803
Greenfield Seitz Capital Management, LLC53,689$6,799
ROWLANDMILLER & PARTNERS.ADV53,628$6,791
Argent Trust Co52,893$6,698
PRICE T ROWE ASSOCIATES INC /MD/51,593$7
Corient Private Wealth LLC50,706$6,404
FRANKLIN RESOURCES INC47,608$6,029
Oak Harvest Investment Services46,049$5,831
CBOE Vest Financial, LLC45,963$5,820
STRS OHIO45,724$5,790
421 other institutions3,216,208$360,826
Total (521 institutions)54,863,997$6,732,257