Cullen/Frost Bankers Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:CFZ Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
14 Mar 24	Sell€127,068	Robert Berman	Individual	1,312	€96.85
15 May 23	Buy€181,488	John Willome	Individual	2,000	€90.74
10 May 23	Buy€436,141	Chris Avery	Individual	5,000	€87.23
05 May 23	Buy€91,214	Howard Kasanoff	Individual	1,000	€91.21
04 May 23	Buy€129,845	Robert Berman	Individual	1,500	€86.56

Insider Trading Volume

Insider Buying: CFZ insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of CFZ?
Owner Type	Number of Shares	Ownership Percentage
State or Government	76,273	0.119%
Private Companies	777,434	1.21%
Individual Insiders	1,722,164	2.68%
Employee Share Scheme	2,925,735	4.56%
General Public	6,247,804	9.73%
Institutions	52,467,801	81.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 67.95% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.99%	The Vanguard Group, Inc.	6,412,843	€642.3m	0.31%	0.01%
9.72%	Aristotle Capital Management, LLC	6,242,873	€625.3m	-5.34%	1.31%
9.11%	BlackRock, Inc.	5,851,996	€586.1m	2.65%	0.01%
6.24%	State Street Global Advisors, Inc.	4,006,644	€401.3m	6.96%	0.02%
4.56%	Cullen Frost 401K STOCK Purchase Plan	2,925,735	€293.0m	11.5%	no data
4.2%	Champlain Investment Partners, LLC	2,697,271	€270.1m	25.2%	1.76%
2.95%	Luther King Capital Management Corporation	1,894,868	€189.8m	-7.15%	0.97%
2.43%	Neuberger Berman Investment Advisers LLC	1,562,297	€156.5m	0%	0.14%
1.83%	FMR LLC	1,177,628	€117.9m	-6.31%	0.01%
1.54%	Geode Capital Management, LLC	990,404	€99.2m	3.36%	0.01%
1.34%	Janus Henderson Group plc	859,979	€86.1m	2.07%	0.04%
1.31%	JP Morgan Asset Management	843,609	€84.5m	-7.76%	0.01%
1.26%	Principal Global Investors, LLC	808,336	€81.0m	-2.42%	0.05%
1.23%	Dimensional Fund Advisors LP	787,599	€78.9m	20.1%	0.02%
1.2%	Frost Bank	769,606	€77.1m	-56.6%	no data
1.19%	Patrick Frost	762,735	€76.4m	0.35%	no data
1.07%	Goldman Sachs Asset Management, L.P.	685,735	€68.7m	24.7%	0.02%
1.04%	Norges Bank Investment Management	669,439	€67.0m	10.2%	0.01%
1.02%	Montrusco Bolton Investments Inc.	656,454	€65.7m	1.31%	0.72%
0.98%	BNY Mellon Asset Management	627,452	€62.8m	-4.8%	0.01%
0.97%	Northern Trust Global Investments	620,671	€62.2m	0.4%	0.01%
0.81%	Charles Schwab Investment Management, Inc.	521,139	€52.2m	0%	0.01%
0.8%	Managed Account Advisors LLC	515,160	€51.6m	-8.94%	0.01%
0.58%	Westwood Management Corp.	371,879	€37.2m	4.49%	0.33%
0.58%	Bartlett & Co. LLC	371,769	€37.2m	-0.93%	0.66%