CULLEN FROST BANKERS INC

Ticker: CFR CUSIP: 229899109 Class: COM

MAI Capital Management's Holding History (CIK: 0001040197)

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

Q4 2025

Shares 615 Value ($000) $78 Avg Close $124.81 Range $118.05 - $131.54

Q3 2025

Shares 240 Value ($000) $30 Avg Close $128.28 Range $119.45 - $138.08

Q2 2025

Shares 393 Value ($000) $51 Avg Close $119.75 Range $97.98 - $128.76

Q1 2025

Shares 145 Value ($000) $18 Avg Close $130.63 Range $116.83 - $142.04

Q4 2024

Shares 165 Value ($000) $22 Avg Close $126.85 Range $102.70 - $142.25

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	615	$78	$124.81	$118.05 - $131.54
Q3 2025	240	$30	$128.28	$119.45 - $138.08
Q2 2025	393	$51	$119.75	$97.98 - $128.76
Q1 2025	145	$18	$130.63	$116.83 - $142.04
Q4 2024	165	$22	$126.85	$102.70 - $142.25