CULLEN FROST BANKERS INC

Ticker: CFR CUSIP: 229899109 Class: COM

INCEPTIONR LLC's Holding History (CIK: 0001821561)

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

Q4 2025

Shares 6,452 Value ($000) $817 Avg Close $124.81 Range $118.05 - $131.54

Q2 2025

Shares 9,272 Value ($000) $1,192 Avg Close $119.75 Range $97.98 - $128.76

Q1 2025

Shares 8,309 Value ($000) $1,040 Avg Close $130.63 Range $116.83 - $142.04

Q3 2024

Shares 4,378 Value ($000) $490 Avg Close $104.76 Range $92.61 - $117.67

Q4 2023

Shares 1,955 Value ($000) $212 Avg Close $90.62 Range $76.49 - $106.41

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,452	$817	$124.81	$118.05 - $131.54
Q2 2025	9,272	$1,192	$119.75	$97.98 - $128.76
Q1 2025	8,309	$1,040	$130.63	$116.83 - $142.04
Q3 2024	4,378	$490	$104.76	$92.61 - $117.67
Q4 2023	1,955	$212	$90.62	$76.49 - $106.41