Cullen Capital Management as of Sept. 30, 2025
Portfolio Holdings for Cullen Capital Management
Cullen Capital Management holds 217 positions in its portfolio as reported in the September 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| JPMorgan Chase & Co. (JPM) | 3.5 | $318M | 1.0M | 315.43 | |
| Bank of America Corporation (BAC) | 3.1 | $281M | 5.5M | 51.59 | |
| Cisco Systems (CSCO) | 2.9 | $269M | 3.9M | 68.42 | |
| Novartis Adr (NVS) | 2.9 | $266M | 2.1M | 128.24 | |
| Medtronic (MDT) | 2.8 | $255M | 2.7M | 95.24 | |
| Duke Energy (DUK) | 2.7 | $250M | 2.0M | 123.75 | |
| Citigroup (C) | 2.7 | $249M | 2.5M | 101.50 | |
| Morgan Stanley (MS) | 2.7 | $248M | 1.6M | 158.96 | |
| General Dynamics Corporation (GD) | 2.7 | $246M | 721k | 341.00 | |
| Raytheon Technologies Corp (RTX) | 2.6 | $234M | 1.4M | 167.33 | |
| Johnson & Johnson (JNJ) | 2.4 | $222M | 1.2M | 185.42 | |
| Exxon Mobil Corporation (XOM) | 2.4 | $216M | 1.9M | 112.75 | |
| Truist Financial Corp equities (TFC) | 2.3 | $210M | 4.6M | 45.72 | |
| Vici Pptys (VICI) | 2.3 | $206M | 6.3M | 32.61 | |
| Johnson Controls International Plc equity (JCI) | 2.2 | $203M | 1.8M | 109.95 | |
| Broadcom (AVGO) | 2.2 | $198M | 600k | 329.91 | |
| Merck & Co (MRK) | 2.2 | $197M | 2.3M | 83.93 | |
| Peak (DOC) | 2.1 | $196M | 10M | 19.15 | |
| Philip Morris International (PM) | 2.1 | $195M | 1.2M | 162.20 | |
| Chubb (CB) | 2.1 | $194M | 686k | 282.25 | |
| Genuine Parts Company (GPC) | 2.1 | $188M | 1.4M | 138.60 | |
| Nextera Energy (NEE) | 2.1 | $188M | 2.5M | 75.49 | |
| ConocoPhillips (COP) | 2.0 | $185M | 2.0M | 94.59 | |
| Comcast Corporation (CMCSA) | 1.8 | $168M | 5.3M | 31.42 | |
| At&t (T) | 1.8 | $164M | 5.8M | 28.24 | |
| Altria (MO) | 1.8 | $164M | 2.5M | 66.06 | |
| Lowe's Companies (LOW) | 1.7 | $156M | 622k | 251.31 | |
| Bce (BCE) | 1.6 | $150M | 6.4M | 23.39 | |
| Unilever Adr (UL) | 1.6 | $148M | 2.5M | 59.28 | |
| Travelers Companies (TRV) | 1.6 | $142M | 508k | 279.22 | |
| Chevron Corporation (CVX) | 1.5 | $139M | 894k | 155.29 | |
| Becton, Dickinson and (BDX) | 1.5 | $134M | 716k | 187.17 | |
| Diageo Adr (DEO) | 1.4 | $125M | 1.3M | 95.43 | |
| United Parcel Service (UPS) | 1.3 | $117M | 1.4M | 83.53 | |
| Qualcomm (QCOM) | 1.2 | $111M | 666k | 166.36 | |
| Crown Castle Intl (CCI) | 1.2 | $109M | 1.1M | 96.49 | |
| Microsoft Corporation (MSFT) | 1.2 | $109M | 211k | 517.95 | |
| Omni (OMC) | 1.1 | $97M | 1.2M | 81.53 | |
| Target Corporation (TGT) | 1.0 | $95M | 1.1M | 89.70 | |
| Dow (DOW) | 0.9 | $86M | 3.8M | 22.93 | |
| UnitedHealth (UNH) | 0.9 | $82M | 237k | 345.30 | |
| British American Tobacco Adr (BTI) | 0.8 | $71M | 1.3M | 53.08 | |
| Taiwan Semiconductor Manufacturing Adr (TSM) | 0.8 | $70M | 251k | 279.29 | |
| PPL Corporation (PPL) | 0.7 | $68M | 1.8M | 37.16 | |
| Verizon Communications (VZ) | 0.7 | $68M | 1.5M | 43.95 | |
| EOG Resources (EOG) | 0.7 | $65M | 577k | 112.12 | |
| ASE Technology Holding Company Adr (ASX) | 0.7 | $62M | 5.6M | 11.09 | |
| Bristol Myers Squibb (BMY) | 0.7 | $61M | 1.3M | 45.10 | |
| Pfizer (PFE) | 0.6 | $58M | 2.3M | 25.48 | |
| SYSCO Corporation (SYY) | 0.6 | $57M | 686k | 82.34 | |
| Paccar (PCAR) | 0.6 | $55M | 558k | 98.32 | |
| National Grid Adr (NGG) | 0.6 | $53M | 732k | 72.67 | |
| ICICI Bank Adr (IBN) | 0.6 | $52M | 1.7M | 30.23 | |
| Enbridge (ENB) | 0.6 | $52M | 1.0M | 50.46 | |
| Smurfit WestRock (SW) | 0.5 | $49M | 1.2M | 42.57 | |
| International Business Machines (IBM) | 0.5 | $48M | 171k | 282.16 | |
| Coca Cola European Partners (CCEP) | 0.5 | $47M | 520k | 90.41 | |
| PPG Industries (PPG) | 0.5 | $43M | 406k | 105.11 | |
| PNC Financial Services (PNC) | 0.4 | $41M | 201k | 200.93 | |
| Kenvue (KVUE) | 0.4 | $39M | 2.4M | 16.23 | |
| Keurig Dr Pepper (KDP) | 0.4 | $39M | 1.5M | 25.51 | |
| Coca-Cola Femsa SAB de CV Adr (KOF) | 0.4 | $38M | 458k | 83.10 | |
| Toyota Motor Corp. Adr (TM) | 0.4 | $38M | 197k | 191.09 | |
| Norfolk Southern (NSC) | 0.4 | $37M | 121k | 300.41 | |
| Shell Adr (SHEL) | 0.4 | $35M | 490k | 71.53 | |
| Millicom Intl Cellular S.a. S hs (TIGO) | 0.3 | $31M | 643k | 48.54 | |
| Copa Holdings Sa-class A (CPA) | 0.3 | $25M | 209k | 118.82 | |
| Petroleo Brasileiro SA Adr (PBR) | 0.2 | $20M | 1.6M | 12.66 | |
| Rio Tinto Adr (RIO) | 0.2 | $19M | 290k | 66.01 | |
| Sanofi Adr (SNY) | 0.2 | $18M | 385k | 47.20 | |
| iShares MSCI South Korea Index Fund (EWY) | 0.2 | $18M | 223k | 80.10 | |
| iShares MSCI EAFE Value Index (EFV) | 0.2 | $16M | 232k | 67.83 | |
| Laureate Education Inc cl a (LAUR) | 0.1 | $13M | 408k | 31.54 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.1 | $12M | 230k | 53.40 | |
| TotalEnergies SE Adr (TTE) | 0.1 | $11M | 191k | 59.69 | |
| Ishares Inc etp (EWT) | 0.1 | $9.9M | 156k | 63.62 | |
| KB Financial Group Adr (KB) | 0.1 | $9.3M | 112k | 82.91 | |
| Alibaba Group Holding Adr (BABA) | 0.1 | $8.2M | 46k | 178.73 | |
| iShares MSCI ACWI ex US Index Fund (ACWX) | 0.1 | $7.8M | 120k | 65.01 | |
| Oracle Corporation (ORCL) | 0.1 | $6.1M | 22k | 281.24 | |
| iShares MSCI Brazil Index (EWZ) | 0.1 | $6.0M | 193k | 31.00 | |
| American Express Company (AXP) | 0.1 | $5.7M | 17k | 332.16 | |
| Itau Unibanco Holding SA Adr (ITUB) | 0.1 | $4.9M | 669k | 7.34 | |
| Eaton (ETN) | 0.1 | $4.8M | 13k | 374.25 | |
| Applied Materials (AMAT) | 0.0 | $4.5M | 22k | 204.74 | |
| Wal-Mart Stores (WMT) | 0.0 | $4.5M | 44k | 103.06 | |
| Walt Disney Company (DIS) | 0.0 | $4.5M | 39k | 114.50 | |
| WisdomTree India Earnings Fund (EPI) | 0.0 | $4.1M | 92k | 44.20 | |
| Cigna Corp (CI) | 0.0 | $4.0M | 14k | 288.25 | |
| BorgWarner (BWA) | 0.0 | $3.9M | 90k | 43.96 | |
| Honeywell International (HON) | 0.0 | $3.8M | 18k | 210.62 | |
| Allstate Corporation (ALL) | 0.0 | $3.8M | 18k | 214.65 | |
| Mondelez Int (MDLZ) | 0.0 | $3.6M | 58k | 62.47 | |
| Axalta Coating Sys (AXTA) | 0.0 | $2.9M | 100k | 28.62 | |
| Energy Transfer Equity (ET) | 0.0 | $2.7M | 157k | 17.16 | |
| Arrow Electronics (ARW) | 0.0 | $2.7M | 22k | 121.00 | |
| Packaging Corporation of America (PKG) | 0.0 | $2.7M | 12k | 217.93 | |
| Enterprise Products Partners (EPD) | 0.0 | $2.7M | 85k | 31.27 | |
| Sempra Energy (SRE) | 0.0 | $2.6M | 29k | 89.98 | |
| Alphabet Inc Class A cs (GOOGL) | 0.0 | $2.6M | 11k | 243.10 | |
| Raymond James Financial (RJF) | 0.0 | $2.3M | 13k | 172.60 | |
| Union Pacific Corporation (UNP) | 0.0 | $2.1M | 9.1k | 236.37 | |
| McDonald's Corporation (MCD) | 0.0 | $2.1M | 6.9k | 303.89 | |
| J.M. Smucker Company (SJM) | 0.0 | $2.1M | 19k | 108.60 | |
| Ishares Trust Msci China msci china idx (MCHI) | 0.0 | $2.1M | 31k | 65.85 | |
| Ishares Inc msci india index (INDA) | 0.0 | $2.0M | 39k | 52.06 | |
| General Electric (GE) | 0.0 | $1.9M | 6.5k | 300.82 | |
| Select Sector Spdr Tr Communic etfeqty (XLC) | 0.0 | $1.9M | 16k | 118.37 | |
| Dupont De Nemours (DD) | 0.0 | $1.8M | 24k | 77.90 | |
| Ishares Inc etp (EWM) | 0.0 | $1.8M | 68k | 25.92 | |
| Simon Property (SPG) | 0.0 | $1.8M | 9.4k | 187.67 | |
| Boeing Company (BA) | 0.0 | $1.7M | 7.9k | 215.83 | |
| CSX Corporation (CSX) | 0.0 | $1.7M | 47k | 35.51 | |
| Canadian Natl Ry (CNI) | 0.0 | $1.6M | 17k | 94.30 | |
| Tree (TREE) | 0.0 | $1.6M | 25k | 64.73 | |
| Fidelity National Information Services (FIS) | 0.0 | $1.5M | 23k | 65.94 | |
| Procter & Gamble Company (PG) | 0.0 | $1.4M | 9.3k | 153.65 | |
| Archer Daniels Midland Company (ADM) | 0.0 | $1.3M | 23k | 59.74 | |
| First Horizon National Corporation (FHN) | 0.0 | $1.3M | 58k | 22.61 | |
| Apple (AAPL) | 0.0 | $1.3M | 4.9k | 254.63 | |
| Douglas Elliman (DOUG) | 0.0 | $1.3M | 439k | 2.86 | |
| ConAgra Foods (CAG) | 0.0 | $1.2M | 67k | 18.31 | |
| Health Care SPDR (XLV) | 0.0 | $1.2M | 8.6k | 139.17 | |
| Micron Technology (MU) | 0.0 | $1.2M | 7.0k | 167.32 | |
| Pepsi (PEP) | 0.0 | $1.1M | 8.1k | 140.44 | |
| Industrial SPDR (XLI) | 0.0 | $1.1M | 7.4k | 154.23 | |
| 3M Company (MMM) | 0.0 | $1.1M | 7.3k | 155.18 | |
| Loandepot (LDI) | 0.0 | $1.1M | 365k | 3.07 | |
| Adobe Systems Incorporated (ADBE) | 0.0 | $1.1M | 3.0k | 352.75 | |
| Essential Utils (WTRG) | 0.0 | $1.1M | 27k | 39.90 | |
| Spdr Ser Tr 1 3 hgh yield (BIL) | 0.0 | $1.0M | 11k | 91.75 | |
| Ameris Ban (ABCB) | 0.0 | $998k | 14k | 73.31 | |
| Ge Vernova (GEV) | 0.0 | $984k | 1.6k | 614.90 | |
| Cousins Properties (CUZ) | 0.0 | $945k | 33k | 28.94 | |
| Marriott Vacations Wrldwde Cp (VAC) | 0.0 | $938k | 14k | 66.56 | |
| Wp Carey (WPC) | 0.0 | $936k | 14k | 67.57 | |
| iShares Russell 2000 Index (IWM) | 0.0 | $927k | 3.8k | 241.96 | |
| KT Corp. Adr (KT) | 0.0 | $903k | 46k | 19.50 | |
| Great Lakes Dredge & Dock Corporation (GLDD) | 0.0 | $895k | 75k | 11.99 | |
| American Water Works (AWK) | 0.0 | $876k | 6.3k | 139.19 | |
| Kimberly-Clark Corporation (KMB) | 0.0 | $854k | 6.9k | 124.36 | |
| Companhia de Saneamento Basico Adr (SBS) | 0.0 | $771k | 31k | 24.89 | |
| Core & Main (CNM) | 0.0 | $755k | 14k | 53.83 | |
| Xylem (XYL) | 0.0 | $752k | 5.1k | 147.50 | |
| Public Service Enterprise (PEG) | 0.0 | $751k | 9.0k | 83.46 | |
| Tetra Tech (TTEK) | 0.0 | $749k | 22k | 33.38 | |
| Veralto Corp (VLTO) | 0.0 | $725k | 6.8k | 106.61 | |
| Sensata Technolo (ST) | 0.0 | $724k | 24k | 30.55 | |
| Latham Group (SWIM) | 0.0 | $719k | 94k | 7.61 | |
| WesBan (WSBC) | 0.0 | $715k | 22k | 31.93 | |
| Coca-Cola Company (KO) | 0.0 | $692k | 10k | 66.32 | |
| Southstate Bk Corp (SSB) | 0.0 | $678k | 6.9k | 98.88 | |
| Pentair cs (PNR) | 0.0 | $662k | 6.0k | 110.76 | |
| Masterbrand Inc-w/i (MBC) | 0.0 | $652k | 50k | 13.17 | |
| Portland General Electric Company (POR) | 0.0 | $645k | 15k | 44.00 | |
| M/I Homes (MHO) | 0.0 | $621k | 4.3k | 144.44 | |
| First Interstate Bancsystem (FIBK) | 0.0 | $596k | 19k | 31.87 | |
| American States Water Company (AWR) | 0.0 | $592k | 8.1k | 73.32 | |
| Consumer Staples Select Sect. SPDR (XLP) | 0.0 | $591k | 7.5k | 78.37 | |
| Select Energy Svcs Inc cl a (WTTR) | 0.0 | $579k | 54k | 10.69 | |
| SJW (HTO) | 0.0 | $574k | 12k | 48.70 | |
| California Water Service (CWT) | 0.0 | $573k | 13k | 45.89 | |
| Cabot Oil & Gas Corporation (CTRA) | 0.0 | $570k | 24k | 23.65 | |
| Highwoods Properties (HIW) | 0.0 | $566k | 18k | 31.82 | |
| Simmons First National Corporation (SFNC) | 0.0 | $541k | 28k | 19.17 | |
| Viper Energy Inc Cl A (VNOM) | 0.0 | $512k | 13k | 38.22 | |
| Advanced Drain Sys Inc Del (WMS) | 0.0 | $501k | 3.6k | 138.70 | |
| Avient Corp (AVNT) | 0.0 | $492k | 15k | 32.95 | |
| CVS Caremark Corporation (CVS) | 0.0 | $487k | 6.5k | 75.39 | |
| Linde (LIN) | 0.0 | $464k | 976.00 | 475.00 | |
| Granite Real Estate Investment Trust (GRP.U) | 0.0 | $455k | 8.2k | 55.57 | |
| Valmont Industries (VMI) | 0.0 | $453k | 1.2k | 387.73 | |
| Korn/Ferry International (KFY) | 0.0 | $431k | 6.2k | 69.98 | |
| Global Wtr Res (GWRS) | 0.0 | $415k | 40k | 10.30 | |
| Caterpillar (CAT) | 0.0 | $415k | 869.00 | 477.15 | |
| CONSOLIDATED WATER CO Inc Com Stk (CWCO) | 0.0 | $408k | 12k | 35.28 | |
| Quaker Chemical Corporation (KWR) | 0.0 | $396k | 3.0k | 131.75 | |
| Enterprise Financial Services (EFSC) | 0.0 | $387k | 6.7k | 57.98 | |
| iShares S&P Latin America 40 Index (ILF) | 0.0 | $381k | 13k | 28.89 | |
| Kaspi.kz JSC Adr (KSPI) | 0.0 | $379k | 4.6k | 81.68 | |
| Materials SPDR (XLB) | 0.0 | $373k | 4.2k | 89.62 | |
| Masco Corporation (MAS) | 0.0 | $371k | 5.3k | 70.39 | |
| Malibu Boats (MBUU) | 0.0 | $366k | 11k | 32.45 | |
| Canadian Pacific Kansas City (CP) | 0.0 | $365k | 4.9k | 74.49 | |
| Consumer Discretionary SPDR (XLY) | 0.0 | $358k | 1.5k | 239.64 | |
| Pennymac Financial Services (PFSI) | 0.0 | $358k | 2.9k | 123.88 | |
| Weyerhaeuser Company (WY) | 0.0 | $357k | 14k | 24.79 | |
| Dominion Resources (D) | 0.0 | $355k | 5.8k | 61.17 | |
| Prologis (PLD) | 0.0 | $334k | 2.9k | 114.52 | |
| iShares Russell 1000 Value Index (IWD) | 0.0 | $329k | 1.6k | 203.59 | |
| Newmark Group (NMRK) | 0.0 | $321k | 17k | 18.65 | |
| York Water Company (YORW) | 0.0 | $319k | 11k | 30.42 | |
| Stantec (STN) | 0.0 | $313k | 2.9k | 107.80 | |
| Real Estate Select Sect Spdr (XLRE) | 0.0 | $308k | 7.3k | 42.13 | |
| Vanguard Emerging Markets ETF (VWO) | 0.0 | $302k | 5.6k | 54.18 | |
| Abbvie (ABBV) | 0.0 | $289k | 1.2k | 231.54 | |
| A. O. Smith Corporation (AOS) | 0.0 | $284k | 3.9k | 73.41 | |
| Civitas Resources (CIVI) | 0.0 | $280k | 8.6k | 32.50 | |
| Helmerich & Payne (HP) | 0.0 | $262k | 12k | 22.09 | |
| Artesian Resources Corporation (ARTNA) | 0.0 | $257k | 7.9k | 32.59 | |
| Middlesex Water Company (MSEX) | 0.0 | $254k | 4.7k | 54.12 | |
| Potlatch Corporation (PCH) | 0.0 | $242k | 5.9k | 40.75 | |
| Blackstone Group Inc Com Cl A (BX) | 0.0 | $240k | 1.4k | 170.85 | |
| Lindsay Corporation (LNN) | 0.0 | $240k | 1.7k | 140.56 | |
| Ecolab (ECL) | 0.0 | $239k | 872.00 | 273.86 | |
| Rbc Cad (RY) | 0.0 | $222k | 1.5k | 147.32 | |
| Rayonier (RYN) | 0.0 | $219k | 8.3k | 26.54 | |
| Essential Properties Realty reit (EPRT) | 0.0 | $212k | 7.1k | 29.76 | |
| Agree Realty Corporation (ADC) | 0.0 | $210k | 3.0k | 71.04 | |
| Public Storage (PSA) | 0.0 | $208k | 721.00 | 288.85 | |
| Spdr S&p 500 Etf (SPY) | 0.0 | $206k | 309.00 | 666.18 | |
| Northrop Grumman Corporation (NOC) | 0.0 | $204k | 334.00 | 609.32 | |
| Suzano SA Adr (SUZ) | 0.0 | $184k | 20k | 9.40 | |
| Varex Imaging (VREX) | 0.0 | $145k | 12k | 12.40 | |
| Huntsman Corporation (HUN) | 0.0 | $122k | 14k | 8.98 | |
| Under Armour Inc Cl C (UA) | 0.0 | $118k | 24k | 4.83 | |
| Hudson Pacific Properties (HPP) | 0.0 | $33k | 12k | 2.76 |
