CULLEN FROST BANKERS INC

Ticker: CFR CUSIP: 229899109 Class: COM

Qsemble Capital Management, LP's Holding History (CIK: 0001766159)

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

Q4 2025

Shares 2,189 Value ($000) $277 Avg Close $124.81 Range $118.05 - $131.54

Q3 2025

Shares 2,006 Value ($000) $254 Avg Close $128.28 Range $119.45 - $138.08

Q2 2024

Shares 3,141 Value ($000) $319 Avg Close $99.43 Range $89.89 - $110.75

Q1 2024

Shares 2,026 Value ($000) $228 Avg Close $100.64 Range $93.55 - $108.34

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,189	$277	$124.81	$118.05 - $131.54
Q3 2025	2,006	$254	$128.28	$119.45 - $138.08
Q2 2024	3,141	$319	$99.43	$89.89 - $110.75
Q1 2024	2,026	$228	$100.64	$93.55 - $108.34