CULLEN FROST BANKERS INC

Ticker: CFR CUSIP: 229899109 Class: COM

NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC's Holding History (CIK: 0001629649)

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

Q4 2025

Shares 14,305 Value ($000) $1,811 Avg Close $124.81 Range $118.05 - $131.54

Q3 2025

Shares 14,338 Value ($000) $1,818 Avg Close $128.28 Range $119.45 - $138.08

Q2 2025

Shares 14,353 Value ($000) $1,845 Avg Close $119.75 Range $97.98 - $128.76

Q1 2025

Shares 14,282 Value ($000) $1,788 Avg Close $130.63 Range $116.83 - $142.04

Q4 2024

Shares 14,254 Value ($000) $1,914 Avg Close $126.85 Range $102.70 - $142.25

Q3 2024

Shares 14,203 Value ($000) $1,589 Avg Close $104.76 Range $92.61 - $117.67

Q2 2024

Shares 14,341 Value ($000) $1,457 Avg Close $99.43 Range $89.89 - $110.75

Q1 2024

Shares 14,321 Value ($000) $1,612 Avg Close $100.64 Range $93.55 - $108.34

Q4 2023

Shares 14,249 Value ($000) $1,546 Avg Close $90.62 Range $76.49 - $106.41

Q3 2023

Shares 14,221 Value ($000) $1,297 Avg Close $93.75 Range $81.90 - $110.82

Q2 2023

Shares 14,312 Value ($000) $1,539 Avg Close $95.71 Range $84.54 - $105.15

Q1 2023

Shares 14,278 Value ($000) $1,504 Avg Close $113.27 Range $87.46 - $126.43

Q4 2022

Shares 5,951 Value ($000) $796 Avg Close $128.49 Range $113.22 - $144.87

Q3 2022

Shares 9,261 Value ($000) $1,224 Avg Close $117.79 Range $102.24 - $129.36

Q2 2022

Shares 9,549 Value ($000) $1,112 Avg Close $114.03 Range $100.96 - $130.98

Q1 2022

Shares 9,464 Value ($000) $1,310 Avg Close $123.52 Range $110.83 - $131.17

Q4 2021

Shares 9,400 Value ($000) $1,185 Avg Close $113.50 Range $104.50 - $123.02

Q3 2021

Shares 9,357 Value ($000) $1,110 Avg Close $97.86 Range $87.80 - $108.90

Q2 2021

Shares 9,419 Value ($000) $1,055 Avg Close $101.82 Range $92.84 - $108.70

Q1 2021

Shares 9,378 Value ($000) $1,020 Avg Close $89.31 Range $73.93 - $104.16

Q4 2020

Shares 19,234 Value ($000) $1,678 Avg Close $67.58 Range $53.34 - $77.06

Q3 2020

Shares 19,806 Value ($000) $1,480 Avg Close $59.69 Range $52.69 - $66.59

Q2 2020

Shares 19,806 Value ($000) $1,480 Avg Close $58.78 Range $43.52 - $74.12

Q1 2020

Shares 19,781 Value ($000) $1,104 Avg Close $68.15 Range $40.09 - $81.89

Q4 2019

Shares 16,261 Value ($000) $1,590 Avg Close $77.10 Range $67.80 - $82.90

Q3 2019

Shares 16,257 Value ($000) $1,440 Avg Close $72.94 Range $65.52 - $82.69

Q2 2019

Shares 17,994 Value ($000) $1,685 Avg Close $79.79 Range $73.85 - $85.12

Q1 2019

Shares 11,207 Value ($000) $1,088 Avg Close $80.50 Range $69.90 - $85.96

Q4 2018

Shares 12,087 Value ($000) $1,063 Avg Close $78.37 Range $66.24 - $87.16

Q3 2018

Shares 12,046 Value ($000) $1,258 Avg Close $88.90 Range $82.39 - $93.03

Q2 2018

Shares 11,411 Value ($000) $1,235 Avg Close $89.84 Range $80.91 - $96.62

Q1 2018

Shares 11,858 Value ($000) $1,258 Avg Close $82.70 Range $74.57 - $88.23

Q4 2017

Shares 7,528 Value ($000) $713 Avg Close $75.74 Range $72.28 - $81.18

Q3 2017

Shares 7,646 Value ($000) $726 Avg Close $70.69 Range $63.69 - $77.00

Q2 2017

Shares 9,797 Value ($000) $920 Avg Close $71.70 Range $66.32 - $77.39

Q1 2017

Shares 9,778 Value ($000) $870 Avg Close $69.53 Range $63.64 - $74.92

Q4 2016

Shares 9,657 Value ($000) $852 Avg Close $61.60 Range $53.50 - $68.59

Q3 2016

Shares 9,519 Value ($000) $685 Avg Close $52.78 Range $44.85 - $56.52

Q2 2016

Shares 9,418 Value ($000) $600 Avg Close $46.66 Range $38.78 - $51.48

Q1 2016

Shares 9,407 Value ($000) $518 Avg Close $38.79 Range $31.63 - $44.93

Q1 2015

Shares 43,244 Value ($000) $2,987 Avg Close $48.75 Range $44.02 - $51.97

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	14,305	$1,811	$124.81	$118.05 - $131.54
Q3 2025	14,338	$1,818	$128.28	$119.45 - $138.08
Q2 2025	14,353	$1,845	$119.75	$97.98 - $128.76
Q1 2025	14,282	$1,788	$130.63	$116.83 - $142.04
Q4 2024	14,254	$1,914	$126.85	$102.70 - $142.25
Q3 2024	14,203	$1,589	$104.76	$92.61 - $117.67
Q2 2024	14,341	$1,457	$99.43	$89.89 - $110.75
Q1 2024	14,321	$1,612	$100.64	$93.55 - $108.34
Q4 2023	14,249	$1,546	$90.62	$76.49 - $106.41
Q3 2023	14,221	$1,297	$93.75	$81.90 - $110.82
Q2 2023	14,312	$1,539	$95.71	$84.54 - $105.15
Q1 2023	14,278	$1,504	$113.27	$87.46 - $126.43
Q4 2022	5,951	$796	$128.49	$113.22 - $144.87
Q3 2022	9,261	$1,224	$117.79	$102.24 - $129.36
Q2 2022	9,549	$1,112	$114.03	$100.96 - $130.98
Q1 2022	9,464	$1,310	$123.52	$110.83 - $131.17
Q4 2021	9,400	$1,185	$113.50	$104.50 - $123.02
Q3 2021	9,357	$1,110	$97.86	$87.80 - $108.90
Q2 2021	9,419	$1,055	$101.82	$92.84 - $108.70
Q1 2021	9,378	$1,020	$89.31	$73.93 - $104.16
Q4 2020	19,234	$1,678	$67.58	$53.34 - $77.06
Q3 2020	19,806	$1,480	$59.69	$52.69 - $66.59
Q2 2020	19,806	$1,480	$58.78	$43.52 - $74.12
Q1 2020	19,781	$1,104	$68.15	$40.09 - $81.89
Q4 2019	16,261	$1,590	$77.10	$67.80 - $82.90
Q3 2019	16,257	$1,440	$72.94	$65.52 - $82.69
Q2 2019	17,994	$1,685	$79.79	$73.85 - $85.12
Q1 2019	11,207	$1,088	$80.50	$69.90 - $85.96
Q4 2018	12,087	$1,063	$78.37	$66.24 - $87.16
Q3 2018	12,046	$1,258	$88.90	$82.39 - $93.03
Q2 2018	11,411	$1,235	$89.84	$80.91 - $96.62
Q1 2018	11,858	$1,258	$82.70	$74.57 - $88.23
Q4 2017	7,528	$713	$75.74	$72.28 - $81.18
Q3 2017	7,646	$726	$70.69	$63.69 - $77.00
Q2 2017	9,797	$920	$71.70	$66.32 - $77.39
Q1 2017	9,778	$870	$69.53	$63.64 - $74.92
Q4 2016	9,657	$852	$61.60	$53.50 - $68.59
Q3 2016	9,519	$685	$52.78	$44.85 - $56.52
Q2 2016	9,418	$600	$46.66	$38.78 - $51.48
Q1 2016	9,407	$518	$38.79	$31.63 - $44.93
Q1 2015	43,244	$2,987	$48.75	$44.02 - $51.97