Cullen Capital Management as of Dec. 31, 2025
Portfolio Holdings for Cullen Capital Management
Cullen Capital Management holds 225 positions in its portfolio as reported in the December 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Cisco Systems (CSCO) | 3.1 | $288M | 3.7M | 77.03 | |
| Novartis Adr (NVS) | 3.1 | $287M | 2.1M | 137.87 | |
| Bank of America Corporation (BAC) | 3.1 | $284M | 5.2M | 55.00 | |
| JPMorgan Chase & Co. (JPM) | 3.0 | $271M | 842k | 322.22 | |
| Citigroup (C) | 2.9 | $269M | 2.3M | 116.69 | |
| Morgan Stanley (MS) | 2.9 | $267M | 1.5M | 177.53 | |
| Merck & Co (MRK) | 2.6 | $241M | 2.3M | 105.26 | |
| Johnson & Johnson (JNJ) | 2.6 | $240M | 1.2M | 206.95 | |
| Medtronic (MDT) | 2.6 | $240M | 2.5M | 96.06 | |
| General Dynamics Corporation (GD) | 2.6 | $234M | 695k | 336.66 | |
| Duke Energy (DUK) | 2.4 | $224M | 1.9M | 117.21 | |
| Raytheon Technologies Corp (RTX) | 2.4 | $218M | 1.2M | 183.40 | |
| Truist Financial Corp equities (TFC) | 2.3 | $214M | 4.3M | 49.21 | |
| Chubb (CB) | 2.3 | $213M | 682k | 312.12 | |
| Johnson Controls International Plc equity (JCI) | 2.3 | $207M | 1.7M | 119.75 | |
| Exxon Mobil Corporation (XOM) | 2.2 | $204M | 1.7M | 120.34 | |
| Nextera Energy (NEE) | 2.2 | $198M | 2.5M | 80.28 | |
| Philip Morris International (PM) | 2.1 | $191M | 1.2M | 160.40 | |
| Broadcom (AVGO) | 2.0 | $184M | 531k | 346.10 | |
| ConocoPhillips (COP) | 2.0 | $179M | 1.9M | 93.61 | |
| Genuine Parts Company (GPC) | 1.8 | $164M | 1.3M | 122.96 | |
| Vici Pptys (VICI) | 1.7 | $160M | 5.7M | 28.12 | |
| Peak (DOC) | 1.6 | $149M | 9.2M | 16.08 | |
| Qualcomm (QCOM) | 1.6 | $148M | 863k | 171.05 | |
| Lowe's Companies (LOW) | 1.6 | $147M | 608k | 241.16 | |
| Travelers Companies (TRV) | 1.6 | $144M | 497k | 290.06 | |
| Unilever Adr (UL) | 1.6 | $143M | 2.2M | 65.40 | |
| At&t (T) | 1.6 | $142M | 5.7M | 24.84 | |
| Bce (BCE) | 1.5 | $136M | 5.7M | 23.82 | |
| Becton, Dickinson and (BDX) | 1.5 | $135M | 698k | 194.07 | |
| Altria (MO) | 1.5 | $135M | 2.3M | 57.66 | |
| Chevron Corporation (CVX) | 1.4 | $133M | 871k | 152.41 | |
| Comcast Corporation (CMCSA) | 1.4 | $124M | 4.2M | 29.89 | |
| UnitedHealth (UNH) | 1.2 | $110M | 333k | 330.11 | |
| United Parcel Service (UPS) | 1.2 | $107M | 1.1M | 99.19 | |
| Microsoft Corporation (MSFT) | 1.1 | $98M | 203k | 483.62 | |
| Crown Castle Intl (CCI) | 1.0 | $95M | 1.1M | 88.87 | |
| Target Corporation (TGT) | 1.0 | $91M | 925k | 97.75 | |
| ASE Technology Holding Company Adr (ASX) | 1.0 | $90M | 5.6M | 16.10 | |
| Omni (OMC) | 1.0 | $87M | 1.1M | 80.75 | |
| British American Tobacco Adr (BTI) | 0.8 | $76M | 1.3M | 56.62 | |
| Taiwan Semiconductor Mfg Adr (TSM) | 0.8 | $72M | 238k | 303.89 | |
| Bristol Myers Squibb (BMY) | 0.7 | $64M | 1.2M | 53.94 | |
| National Grid Adr (NGG) | 0.6 | $59M | 762k | 77.35 | |
| Select Sector Spdr Tr Communic etfeqty (XLC) | 0.6 | $58M | 490k | 117.72 | |
| Paccar (PCAR) | 0.6 | $58M | 525k | 109.51 | |
| Diageo Adr (DEO) | 0.6 | $56M | 650k | 86.27 | |
| PNC Financial Services (PNC) | 0.6 | $54M | 260k | 208.73 | |
| PPL Corporation (PPL) | 0.6 | $53M | 1.5M | 35.02 | |
| Dow (DOW) | 0.6 | $53M | 2.3M | 23.38 | |
| Pfizer (PFE) | 0.6 | $52M | 2.1M | 24.90 | |
| ICICI Bank Adr (IBN) | 0.6 | $52M | 1.7M | 29.80 | |
| Verizon Communications (VZ) | 0.6 | $51M | 1.3M | 40.73 | |
| Enbridge (ENB) | 0.6 | $51M | 1.1M | 47.83 | |
| Toyota Motor Corp. Adr (TM) | 0.6 | $51M | 236k | 214.06 | |
| First Horizon National Corporation (FHN) | 0.5 | $49M | 2.0M | 23.90 | |
| EOG Resources (EOG) | 0.5 | $48M | 453k | 105.01 | |
| International Business Machines (IBM) | 0.5 | $46M | 155k | 296.21 | |
| SYSCO Corporation (SYY) | 0.5 | $46M | 619k | 73.69 | |
| Coca Cola European Partners (CCEP) | 0.5 | $45M | 491k | 90.70 | |
| American International (AIG) | 0.5 | $42M | 494k | 85.55 | |
| Keurig Dr Pepper (KDP) | 0.5 | $41M | 1.5M | 28.01 | |
| Coca-Cola Femsa SAB de CV Adr (KOF) | 0.4 | $40M | 424k | 94.71 | |
| Rio Tinto Adr (RIO) | 0.4 | $40M | 499k | 80.03 | |
| PPG Industries (PPG) | 0.4 | $40M | 386k | 102.46 | |
| Industrial SPDR (XLI) | 0.4 | $37M | 238k | 155.12 | |
| Millicom Intl Cellular S.a. S hs (TIGO) | 0.4 | $36M | 657k | 55.44 | |
| Union Pacific Corporation (UNP) | 0.4 | $36M | 156k | 231.32 | |
| Consumer Staples Select Sect. SPDR (XLP) | 0.4 | $36M | 461k | 77.68 | |
| Smurfit WestRock (SW) | 0.4 | $36M | 924k | 38.67 | |
| Shell Adr (SHEL) | 0.4 | $35M | 480k | 73.48 | |
| Real Estate Select Sect Spdr (XLRE) | 0.4 | $33M | 816k | 40.35 | |
| Materials SPDR (XLB) | 0.3 | $28M | 626k | 45.35 | |
| Novo Nordisk A/S Adr (NVO) | 0.3 | $28M | 548k | 50.88 | |
| Petroleo Brasileiro SA Adr (PBR) | 0.3 | $27M | 2.3M | 11.85 | |
| iShares MSCI South Korea Index Fund (EWY) | 0.3 | $26M | 269k | 97.22 | |
| Copa Holdings Sa-class A (CPA) | 0.2 | $20M | 164k | 120.61 | |
| Sanofi Adr (SNY) | 0.2 | $18M | 361k | 48.46 | |
| iShares MSCI EAFE Value Index (EFV) | 0.2 | $16M | 218k | 71.41 | |
| Health Care SPDR (XLV) | 0.2 | $15M | 94k | 154.80 | |
| Total Sa New Ord F (TTE) | 0.1 | $13M | 199k | 65.42 | |
| iShares MSCI ACWI ex US Index Fund (ACWX) | 0.1 | $13M | 186k | 67.13 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.1 | $10M | 187k | 54.71 | |
| Ishares Inc etp (EWT) | 0.1 | $9.8M | 155k | 63.53 | |
| KB Financial Group Adr (KB) | 0.1 | $9.5M | 111k | 86.04 | |
| Energy Select Sector SPDR (XLE) | 0.1 | $9.1M | 204k | 44.71 | |
| iShares Russell 1000 Value Index (IWD) | 0.1 | $6.4M | 31k | 210.34 | |
| Laureate Education Inc cl a (LAUR) | 0.1 | $6.3M | 187k | 33.67 | |
| American Express Company (AXP) | 0.1 | $6.3M | 17k | 369.95 | |
| Alibaba Group Holding Adr (BABA) | 0.1 | $6.2M | 43k | 146.58 | |
| Applied Materials (AMAT) | 0.1 | $5.2M | 20k | 256.99 | |
| Itau Unibanco Holding SA Adr (ITUB) | 0.1 | $4.9M | 686k | 7.16 | |
| Wal-Mart Stores (WMT) | 0.1 | $4.7M | 42k | 111.42 | |
| Eaton (ETN) | 0.0 | $4.6M | 14k | 318.51 | |
| Walt Disney Company (DIS) | 0.0 | $4.3M | 38k | 113.77 | |
| Oracle Corporation (ORCL) | 0.0 | $4.2M | 21k | 194.91 | |
| WisdomTree India Earnings Fund (EPI) | 0.0 | $4.1M | 89k | 46.29 | |
| BorgWarner (BWA) | 0.0 | $4.0M | 89k | 45.06 | |
| Financial Select Sector SPDR (XLF) | 0.0 | $3.9M | 72k | 54.77 | |
| Cigna Corp (CI) | 0.0 | $3.8M | 14k | 275.23 | |
| Allstate Corporation (ALL) | 0.0 | $3.7M | 18k | 208.15 | |
| Honeywell International (HON) | 0.0 | $3.5M | 18k | 195.08 | |
| Consumer Discretionary SPDR (XLY) | 0.0 | $3.5M | 29k | 119.41 | |
| Axalta Coating Sys (AXTA) | 0.0 | $3.2M | 98k | 32.31 | |
| Axia Energia Adr (AXIA) | 0.0 | $3.0M | 330k | 9.16 | |
| Mondelez Int (MDLZ) | 0.0 | $3.0M | 56k | 53.83 | |
| iShares Dow Jones Select Dividend (DVY) | 0.0 | $3.0M | 21k | 141.14 | |
| Enterprise Products Partners (EPD) | 0.0 | $2.5M | 78k | 32.06 | |
| Packaging Corporation of America (PKG) | 0.0 | $2.5M | 12k | 206.23 | |
| Arrow Electronics (ARW) | 0.0 | $2.4M | 22k | 110.18 | |
| Energy Transfer Equity (ET) | 0.0 | $2.2M | 134k | 16.49 | |
| Ishares Inc msci india index (INDA) | 0.0 | $2.2M | 40k | 54.05 | |
| Sempra Energy (SRE) | 0.0 | $2.2M | 25k | 88.29 | |
| Raymond James Financial (RJF) | 0.0 | $2.1M | 13k | 160.59 | |
| McDonald's Corporation (MCD) | 0.0 | $2.0M | 6.6k | 305.63 | |
| General Electric (GE) | 0.0 | $2.0M | 6.5k | 308.03 | |
| Canadian Natl Ry (CNI) | 0.0 | $1.8M | 19k | 98.85 | |
| Alphabet Inc Class A cs (GOOGL) | 0.0 | $1.8M | 5.8k | 313.00 | |
| S&p Global Water Index Etf etf (CGW) | 0.0 | $1.7M | 27k | 63.01 | |
| Simon Property (SPG) | 0.0 | $1.7M | 9.3k | 185.11 | |
| Boeing Company (BA) | 0.0 | $1.7M | 7.8k | 217.12 | |
| CSX Corporation (CSX) | 0.0 | $1.7M | 46k | 36.25 | |
| Micron Technology (MU) | 0.0 | $1.6M | 5.5k | 285.41 | |
| Adobe Systems Incorporated (ADBE) | 0.0 | $1.6M | 4.4k | 349.99 | |
| J.M. Smucker Company (SJM) | 0.0 | $1.5M | 15k | 97.81 | |
| Fidelity National Information Services (FIS) | 0.0 | $1.5M | 22k | 66.46 | |
| Apple (AAPL) | 0.0 | $1.3M | 4.9k | 271.86 | |
| Procter & Gamble Company (PG) | 0.0 | $1.3M | 9.1k | 143.31 | |
| Tree (TREE) | 0.0 | $1.3M | 25k | 53.09 | |
| Archer Daniels Midland Company (ADM) | 0.0 | $1.3M | 23k | 57.49 | |
| 3M Company (MMM) | 0.0 | $1.2M | 7.3k | 160.10 | |
| Pepsi (PEP) | 0.0 | $1.2M | 8.1k | 143.52 | |
| Douglas Elliman (DOUG) | 0.0 | $1.2M | 488k | 2.37 | |
| Ge Vernova (GEV) | 0.0 | $1.0M | 1.6k | 653.57 | |
| Spdr Ser Tr 1 3 hgh yield (BIL) | 0.0 | $1.0M | 11k | 91.38 | |
| Sensata Technolo (ST) | 0.0 | $1.0M | 30k | 33.29 | |
| Companhia de Saneamento Basico Adr (SBS) | 0.0 | $986k | 41k | 23.85 | |
| Great Lakes Dredge & Dock Corporation (GLDD) | 0.0 | $980k | 75k | 13.12 | |
| Essential Utils (WTRG) | 0.0 | $967k | 25k | 38.36 | |
| Qnity Electronics (Q) | 0.0 | $961k | 12k | 81.65 | |
| Utilities SPDR (XLU) | 0.0 | $934k | 22k | 42.69 | |
| Dupont De Nemours (DD) | 0.0 | $932k | 23k | 40.20 | |
| Ishares Trust Msci China msci china idx (MCHI) | 0.0 | $907k | 15k | 60.07 | |
| Wp Carey (WPC) | 0.0 | $891k | 14k | 64.36 | |
| Cousins Properties (CUZ) | 0.0 | $842k | 33k | 25.78 | |
| ConAgra Foods (CAG) | 0.0 | $822k | 48k | 17.31 | |
| Avient Corp (AVNT) | 0.0 | $814k | 26k | 31.24 | |
| Veralto Corp (VLTO) | 0.0 | $772k | 7.7k | 99.78 | |
| Xylem (XYL) | 0.0 | $770k | 5.7k | 136.18 | |
| M/I Homes (MHO) | 0.0 | $762k | 6.0k | 127.95 | |
| Marriott Vacations Wrldwde Cp (VAC) | 0.0 | $755k | 13k | 57.69 | |
| Loandepot (LDI) | 0.0 | $752k | 363k | 2.07 | |
| WesBan (WSBC) | 0.0 | $745k | 22k | 33.24 | |
| Coca-Cola Company (KO) | 0.0 | $729k | 10k | 69.91 | |
| Public Service Enterprise (PEG) | 0.0 | $719k | 8.9k | 80.30 | |
| Axia Energia Preferred C Adr (AXIA.PC) | 0.0 | $715k | 83k | 8.62 | |
| Ameris Ban (ABCB) | 0.0 | $701k | 9.4k | 74.27 | |
| Pentair cs (PNR) | 0.0 | $684k | 6.6k | 104.14 | |
| Latham Group (SWIM) | 0.0 | $662k | 104k | 6.35 | |
| Core & Main (CNM) | 0.0 | $653k | 13k | 51.97 | |
| First Interstate Bancsystem (FIBK) | 0.0 | $648k | 19k | 34.60 | |
| Quaker Chemical Corporation (KWR) | 0.0 | $636k | 4.6k | 137.31 | |
| Southstate Bk Corp (SSB) | 0.0 | $619k | 6.6k | 94.12 | |
| Select Energy Svcs Inc cl a (WTTR) | 0.0 | $619k | 59k | 10.52 | |
| Ishares Tr Global Reit Etf (REET) | 0.0 | $588k | 24k | 24.95 | |
| American Water Works (AWK) | 0.0 | $587k | 4.5k | 130.50 | |
| Advanced Drain Sys Inc Del (WMS) | 0.0 | $580k | 4.0k | 144.83 | |
| American States Water Company (AWR) | 0.0 | $576k | 7.9k | 72.48 | |
| Simmons First National Corporation (SFNC) | 0.0 | $572k | 30k | 18.85 | |
| Masterbrand Inc-w/i (MBC) | 0.0 | $547k | 50k | 11.04 | |
| Valmont Industries (VMI) | 0.0 | $518k | 1.3k | 402.32 | |
| Caterpillar (CAT) | 0.0 | $498k | 869.00 | 572.87 | |
| Portland General Electric Company (POR) | 0.0 | $491k | 10k | 47.99 | |
| Granite Real Estate Investment Trust (GRTUF) | 0.0 | $489k | 8.2k | 59.66 | |
| Tetra Tech (TTEK) | 0.0 | $484k | 14k | 33.54 | |
| Vaneck Vectors Pharmaceutical etf (PPH) | 0.0 | $477k | 4.6k | 103.17 | |
| Ishares Tr s^p gtfidx etf (WOOD) | 0.0 | $472k | 6.6k | 72.01 | |
| Cabot Oil & Gas Corporation (CTRA) | 0.0 | $471k | 18k | 26.32 | |
| Highwoods Properties (HIW) | 0.0 | $459k | 18k | 25.82 | |
| Pool Corporation (POOL) | 0.0 | $458k | 2.0k | 228.75 | |
| Abbvie (ABBV) | 0.0 | $456k | 2.0k | 228.49 | |
| CONSOLIDATED WATER CO Inc Com Stk (CWCO) | 0.0 | $443k | 13k | 35.29 | |
| Linde (LIN) | 0.0 | $416k | 976.00 | 426.48 | |
| Kimberly-Clark Corporation (KMB) | 0.0 | $413k | 4.1k | 100.88 | |
| Viper Energy Inc Cl A (VNOM) | 0.0 | $385k | 10k | 38.63 | |
| CVS Caremark Corporation (CVS) | 0.0 | $377k | 4.7k | 79.36 | |
| Prologis (PLD) | 0.0 | $373k | 2.9k | 127.66 | |
| Canadian Pacific Kansas City (CP) | 0.0 | $361k | 4.9k | 73.63 | |
| Enterprise Financial Services (EFSC) | 0.0 | $361k | 6.7k | 54.00 | |
| SJW (HTO) | 0.0 | $360k | 7.3k | 48.99 | |
| York Water Company (YORW) | 0.0 | $346k | 11k | 31.84 | |
| Weyerhaeuser Company (WY) | 0.0 | $341k | 14k | 23.69 | |
| Helmerich & Payne (HP) | 0.0 | $340k | 12k | 28.68 | |
| Dominion Resources (D) | 0.0 | $328k | 5.6k | 58.59 | |
| A. O. Smith Corporation (AOS) | 0.0 | $326k | 4.9k | 66.88 | |
| Malibu Boats (MBUU) | 0.0 | $318k | 11k | 28.21 | |
| Stantec (STN) | 0.0 | $311k | 3.3k | 94.36 | |
| California Water Service (CWT) | 0.0 | $309k | 7.1k | 43.33 | |
| Technology SPDR (XLK) | 0.0 | $307k | 2.1k | 143.97 | |
| Vanguard Emerging Markets ETF (VWO) | 0.0 | $300k | 5.6k | 53.76 | |
| Newmark Group (NMRK) | 0.0 | $298k | 17k | 17.34 | |
| The Magnum Ice Cream C F (MICC) | 0.0 | $297k | 19k | 15.85 | |
| Artesian Resources Corporation (ARTNA) | 0.0 | $258k | 8.2k | 31.61 | |
| Rbc Cad (RY) | 0.0 | $257k | 1.5k | 170.49 | |
| John B. Sanfilippo & Son (JBSS) | 0.0 | $256k | 3.6k | 70.60 | |
| Pennymac Financial Services (PFSI) | 0.0 | $255k | 1.9k | 131.84 | |
| Middlesex Water Company (MSEX) | 0.0 | $255k | 5.1k | 50.42 | |
| Ecolab (ECL) | 0.0 | $251k | 956.00 | 262.52 | |
| Varex Imaging (VREX) | 0.0 | $250k | 22k | 11.65 | |
| Potlatch Corporation | 0.0 | $236k | 5.9k | 39.78 | |
| Masco Corporation (MAS) | 0.0 | $225k | 3.5k | 63.46 | |
| Solstice Advanced Matls (SOLS) | 0.0 | $219k | 4.5k | 48.58 | |
| KT Corp. Adr (KT) | 0.0 | $219k | 12k | 18.97 | |
| Blackstone Group Inc Com Cl A (BX) | 0.0 | $216k | 1.4k | 154.14 | |
| Norfolk Southern (NSC) | 0.0 | $216k | 747.00 | 288.72 | |
| Civitas Resources | 0.0 | $216k | 8.0k | 27.09 | |
| Agree Realty Corporation (ADC) | 0.0 | $213k | 3.0k | 72.03 | |
| Carter's (CRI) | 0.0 | $211k | 6.5k | 32.43 | |
| Essential Properties Realty reit (EPRT) | 0.0 | $211k | 7.1k | 29.66 | |
| Spdr S&p 500 Etf (SPY) | 0.0 | $211k | 309.00 | 681.92 | |
| Global Wtr Res (GWRS) | 0.0 | $205k | 24k | 8.45 | |
| Lindsay Corporation (LNN) | 0.0 | $203k | 1.7k | 117.87 | |
| Huntsman Corporation (HUN) | 0.0 | $202k | 20k | 10.00 | |
| Kenvue (KVUE) | 0.0 | $176k | 10k | 17.25 | |
| Under Armour Inc Cl C (UA) | 0.0 | $117k | 24k | 4.80 |
