CULLEN FROST BANKERS INC

Ticker: CFR CUSIP: 229899109 Class: COM

Spectrum Asset Management, Inc. (NB/CA)'s Holding History (CIK: 0001632078)

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

Q2 2018

Shares 9,625 Value ($000) $1,042 Avg Close $89.84 Range $80.91 - $96.62

Q1 2018

Shares 9,625 Value ($000) $1,102 Avg Close $82.70 Range $74.57 - $88.23

Q4 2017

Shares 8,355 Value ($000) $791 Avg Close $75.74 Range $72.28 - $81.18

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2018	9,625	$1,042	$89.84	$80.91 - $96.62
Q1 2018	9,625	$1,102	$82.70	$74.57 - $88.23
Q4 2017	8,355	$791	$75.74	$72.28 - $81.18