CULLEN FROST BANKERS INC

Ticker: CFR CUSIP: 229899109 Class: COM

JANUS HENDERSON GROUP PLC's Holding History (CIK: 0001274173)

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

Q4 2025

Shares 964,846 Value ($000) $122,177 Avg Close $124.81 Range $118.05 - $131.54

Q3 2025

Shares 1,055,985 Value ($000) $133,869 Avg Close $128.28 Range $119.45 - $138.08

Q2 2025

Shares 1,054,960 Value ($000) $135,600 Avg Close $119.75 Range $97.98 - $128.76

Q1 2025

Shares 837,899 Value ($000) $104,252 Avg Close $130.63 Range $116.83 - $142.04

Q4 2024

Shares 721,898 Value ($000) $96,917 Avg Close $126.85 Range $102.70 - $142.25

Q3 2024

Shares 777,082 Value ($000) $86,926 Avg Close $104.76 Range $92.61 - $117.67

Q2 2024

Shares 823,143 Value ($000) $83,657 Avg Close $99.43 Range $89.89 - $110.75

Q1 2024

Shares 1,021,559 Value ($000) $114,994 Avg Close $100.64 Range $93.55 - $108.34

Q4 2023

Shares 859,979 Value ($000) $93,299 Avg Close $90.62 Range $76.49 - $106.41

Q3 2023

Shares 842,519 Value ($000) $76,846 Avg Close $93.75 Range $81.90 - $110.82

Q2 2023

Shares 988,028 Value ($000) $106,243 Avg Close $95.71 Range $84.54 - $105.15

Q1 2023

Shares 1,372,950 Value ($000) $144,627 Avg Close $113.27 Range $87.46 - $126.43

Q4 2022

Shares 1,250,832 Value ($000) $167,236 Avg Close $128.49 Range $113.22 - $144.87

Q3 2022

Shares 911,032 Value ($000) $120,457 Avg Close $117.79 Range $102.24 - $129.36

Q2 2022

Shares 11,579 Value ($000) $1,348 Avg Close $114.03 Range $100.96 - $130.98

Q1 2022

Shares 11,996 Value ($000) $1,661 Avg Close $123.52 Range $110.83 - $131.17

Q4 2021

Shares 10,942 Value ($000) $1,379 Avg Close $113.50 Range $104.50 - $123.02

Q3 2021

Shares 5,434 Value ($000) $644 Avg Close $97.86 Range $87.80 - $108.90

Q1 2019

Shares 2,648 Value ($000) $257 Avg Close $80.50 Range $69.90 - $85.96

Q4 2018

Shares 6,094 Value ($000) $536 Avg Close $78.37 Range $66.24 - $87.16

Q3 2018

Shares 25,000 Value ($000) $2,611 Avg Close $88.90 Range $82.39 - $93.03

Q2 2018

Shares 14,200 Value ($000) $1,537 Avg Close $89.84 Range $80.91 - $96.62

Q1 2018

Shares 2,100 Value ($000) $223 Avg Close $82.70 Range $74.57 - $88.23

Q4 2017

Shares 9,210 Value ($000) $872 Avg Close $75.74 Range $72.28 - $81.18

Q3 2017

Shares 38,410 Value ($000) $3,646 Avg Close $70.69 Range $63.69 - $77.00

Q2 2017

Shares 54,510 Value ($000) $5,119 Avg Close $71.70 Range $66.32 - $77.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	964,846	$122,177	$124.81	$118.05 - $131.54
Q3 2025	1,055,985	$133,869	$128.28	$119.45 - $138.08
Q2 2025	1,054,960	$135,600	$119.75	$97.98 - $128.76
Q1 2025	837,899	$104,252	$130.63	$116.83 - $142.04
Q4 2024	721,898	$96,917	$126.85	$102.70 - $142.25
Q3 2024	777,082	$86,926	$104.76	$92.61 - $117.67
Q2 2024	823,143	$83,657	$99.43	$89.89 - $110.75
Q1 2024	1,021,559	$114,994	$100.64	$93.55 - $108.34
Q4 2023	859,979	$93,299	$90.62	$76.49 - $106.41
Q3 2023	842,519	$76,846	$93.75	$81.90 - $110.82
Q2 2023	988,028	$106,243	$95.71	$84.54 - $105.15
Q1 2023	1,372,950	$144,627	$113.27	$87.46 - $126.43
Q4 2022	1,250,832	$167,236	$128.49	$113.22 - $144.87
Q3 2022	911,032	$120,457	$117.79	$102.24 - $129.36
Q2 2022	11,579	$1,348	$114.03	$100.96 - $130.98
Q1 2022	11,996	$1,661	$123.52	$110.83 - $131.17
Q4 2021	10,942	$1,379	$113.50	$104.50 - $123.02
Q3 2021	5,434	$644	$97.86	$87.80 - $108.90
Q1 2019	2,648	$257	$80.50	$69.90 - $85.96
Q4 2018	6,094	$536	$78.37	$66.24 - $87.16
Q3 2018	25,000	$2,611	$88.90	$82.39 - $93.03
Q2 2018	14,200	$1,537	$89.84	$80.91 - $96.62
Q1 2018	2,100	$223	$82.70	$74.57 - $88.23
Q4 2017	9,210	$872	$75.74	$72.28 - $81.18
Q3 2017	38,410	$3,646	$70.69	$63.69 - $77.00
Q2 2017	54,510	$5,119	$71.70	$66.32 - $77.39