CULLEN/FROST BANKERS, INC. quarter change: USA ETF, Reduced
In exchange-traded fund shares (known by the fund name on the filing) (listed in the US), from the quarter ended 2026-03-31 to 2026-06-30, CULLEN/FROST BANKERS, INC. opened 55 positions, added to 178, reduced 85, sold out of 26 and left 97 unchanged. The largest increase in value was EMXC (+$116,022,918); the largest decrease was GLTR (-$8,295,667).
- IWLG: Country of operation —; Class EQUITIES; Shares 2026-03-31 2,150,058; Shares 2026-06-30 2,109,171.
- IWP: Country of operation —; Class DOMESTIC MID CAP FUND-ETF; Shares 2026-03-31 1,273,878; Shares 2026-06-30 1,188,094.
- GLTR: Country of operation United States; Class DOMESTIC ACS FUND-ETF; Shares 2026-03-31 178,698; Shares 2026-06-30 169,965.
- IVW: Country of operation —; Class DOMESTIC LARGE CAP FUND-ETF; Shares 2026-03-31 189,884; Shares 2026-06-30 189,809.
Two Form 13F-HR filings compared (SEC CIK 39263): 2026-03-31 (filed 2026-05-05) and 2026-06-30 (filed 2026-07-27). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.
| Stock | Country of operation | Class | Shares 2026-03-31 | Shares 2026-06-30 | Share change | Value 2026-03-31 | Value 2026-06-30 | Value change |
|---|
IWLG
NEW YORK LIFE INVTS ACTIVE E WINSLOW LAR CAP | | EQUITIES | 2,150,058 | 2,109,171 | -40,887 | $102,600,741 | $119,357,959 | +$16,757,218 |
|---|
IWP
ISHARES TR RUS MD CP GR ETF | | DOMESTIC MID CAP FUND-ETF | 1,273,878 | 1,188,094 | -85,784 | $163,209,309 | $173,948,860 | +$10,739,551 |
|---|
GLTR
ABRDN PRECIOUS METALS BASKET PHYSCL PRECS MET | United States | DOMESTIC ACS FUND-ETF | 178,698 | 169,965 | -8,733 | $39,084,827 | $30,789,160 | -$8,295,667 |
|---|
IVW
ISHARES TR S&P 500 GRWT ETF | | DOMESTIC LARGE CAP FUND-ETF | 189,884 | 189,809 | -75 | $21,477,767 | $26,104,409 | +$4,626,642 |
|---|
VOO
VANGUARD INDEX FDS S&P 500 ETF SHS | | DOMESTIC LARGE CAP FUND-ETF | 51,516 | 50,928 | -588 | $30,783,322 | $34,977,573 | +$4,194,251 |
|---|
IJJ
ISHARES TR S&P MC 400VL ETF | | DOMESTIC MID CAP FUND-ETF | 825,346 | 768,428 | -56,918 | $109,358,402 | $113,519,936 | +$4,161,534 |
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SCHD
SCHWAB STRATEGIC TR US DIVIDEND EQ | | DOMESTIC LARGE CAP FUND-ETF | 1,587,128 | 1,421,380 | -165,748 | $48,693,099 | $45,071,965 | -$3,621,134 |
|---|
IWO
ISHARES TR RUS 2000 GRW ETF | | DOMESTIC SMALL CAP FUND-ETF | 16,149 | 4,856 | -11,293 | $5,067,718 | $1,913,080 | -$3,154,638 |
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IJK
ISHARES TR S&P MC 400GR ETF | | DOMESTIC MID CAP FUND-ETF | 165,073 | 164,447 | -626 | $16,609,693 | $19,322,563 | +$2,712,870 |
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TLT
ISHARES TR 20 YR TR BD ETF | | DOMESTIC TAXABLE INVT GRADE-ETF | 67,206 | 49,506 | -17,700 | $5,826,062 | $4,278,305 | -$1,547,757 |
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IWM
ISHARES TR RUSSELL 2000 ETF | | DOMESTIC SMALL CAP FUND-ETF | 28,667 | 28,598 | -69 | $7,109,297 | $8,592,167 | +$1,482,870 |
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VBR
VANGUARD INDEX FDS SM CP VAL ETF | | DOMESTIC SMALL CAP FUND-ETF | 69,324 | 67,802 | -1,522 | $15,060,740 | $16,475,173 | +$1,414,433 |
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CGGE
CAPITAL GROUP GLOBAL EQUITY SHS | | EQUITIES | 329,108 | 323,679 | -5,429 | $10,037,782 | $11,406,455 | +$1,368,673 |
|---|
PWV
INVESCO EXCHANGE TRADED FD T LARGE CAP VALUE | | DOMESTIC LARGE CAP FUND-ETF | 163,570 | 161,665 | -1,905 | $11,402,468 | $12,249,345 | +$846,877 |
|---|
GUNR
FLEXSHARES TR MORNSTAR UPSTR | | DOMESTIC SECTOR FUND-ETF | 86,235 | 79,453 | -6,782 | $4,756,723 | $3,915,444 | -$841,279 |
|---|
IJH
ISHARES TR CORE S&P MCP ETF | | DOMESTIC MID CAP FUND-ETF | 175,761 | 164,030 | -11,731 | $11,869,132 | $12,648,359 | +$779,227 |
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PBP
INVESCO EXCHANGE TRADED FD T S&P500 BUY WRT | | DOMESTIC LARGE CAP FUND-ETF | 119,523 | 83,378 | -36,145 | $2,628,311 | $1,909,356 | -$718,955 |
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VTI
VANGUARD INDEX FDS TOTAL STK MKT | | DOMESTIC LARGE CAP FUND-ETF | 22,283 | 17,379 | -4,904 | $7,148,683 | $6,430,816 | -$717,867 |
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IWR
ISHARES TR RUS MID CAP ETF | | DOMESTIC MID CAP FUND-ETF | 51,651 | 51,547 | -104 | $5,021,994 | $5,686,677 | +$664,683 |
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XLP
SELECT SECTOR SPDR TR ST STR STAPL ETF | | DOMESTIC SECTOR FUND-ETF | 12,958 | 4,832 | -8,126 | $1,062,314 | $401,392 | -$660,922 |
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CGUS
CAPITAL GROUP CORE EQUITY ET SHS CREAT UNIT | | EQUITIES | 191,778 | 180,151 | -11,627 | $7,368,110 | $8,013,116 | +$645,006 |
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SPYV
SPDR SERIES TRUST ST STR P500VAL | | DOMESTIC LARGE CAP FUND-ETF | 13,413 | 5,026 | -8,387 | $758,928 | $305,531 | -$453,397 |
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IDV
ISHARES TR INTL SEL DIV ETF | | INTL DEVELOPED MKTS FUND-ETF | 11,385 | 2,005 | -9,380 | $484,560 | $83,076 | -$401,484 |
|---|
XLE
SELECT SECTOR SPDR TR ST STR ENERG ETF | | DOMESTIC SECTOR FUND-ETF | 47,776 | 47,654 | -122 | $2,926,735 | $2,530,904 | -$395,831 |
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SHY
ISHARES TR 1 3 YR TREAS BD | | DOMESTIC TAXABLE INVT GRADE-ETF | 31,271 | 26,647 | -4,624 | $2,582,055 | $2,188,019 | -$394,036 |
|---|
VIS
VANGUARD WORLD FD INDUSTRIAL ETF | | EQUITIES | 1,134 | 5 | -1,129 | $353,988 | $1,802 | -$352,186 |
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XLV
SELECT SECTOR SPDR TR ST STR CARE ETF | | DOMESTIC SECTOR FUND-ETF | 18,529 | 15,238 | -3,291 | $2,716,608 | $2,417,683 | -$298,925 |
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PEY
INVESCO EXCHANGE TRADED FD T HIG YLD EQ DIV | | EQUITIES | 14,292 | 674 | -13,618 | $306,108 | $15,630 | -$290,478 |
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SPDW
SPDR INDEX SHS FDS ST STR PO EX ETF | | EQUITIES | 5,544 | 41 | -5,503 | $253,081 | $2,066 | -$251,015 |
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BND
VANGUARD BD INDEX FDS TOTAL BND MRKT | | DOMESTIC TAXABLE INVT GRADE-ETF | 3,911 | 531 | -3,380 | $287,995 | $38,981 | -$249,014 |
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XMHQ
INVESCO EXCHANGE TRADED FD T S&P MDCP QUALITY | | EQUITIES | 5,910 | 3,248 | -2,662 | $610,869 | $366,600 | -$244,269 |
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BKLN
INVESCO EXCH TRADED FD TR II SR LN ETF | | DOMESTIC TAXABLE HIGH YIELD FUND-ETF | 39,392 | 27,574 | -11,818 | $803,984 | $561,686 | -$242,298 |
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FPE
FIRST TR EXCH TRADED FD III PFD SECS INC ETF | | EQUITIES | 66,082 | 53,040 | -13,042 | $1,172,948 | $948,356 | -$224,592 |
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BSV
VANGUARD BD INDEX FDS SHORT TRM BOND | | DOMESTIC TAXABLE INVT GRADE-ETF | 412,409 | 412,366 | -43 | $32,336,971 | $32,127,454 | -$209,517 |
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XLF
SELECT SECTOR SPDR TR ST STR FINL ETF | | DOMESTIC SECTOR FUND-ETF | 96,653 | 92,916 | -3,737 | $4,771,770 | $4,981,250 | +$209,480 |
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FMAT
FIDELITY COVINGTON TRUST MSCI MATLS INDEX | | EQUITIES | 3,606 | 3 | -3,603 | $207,850 | $193 | -$207,657 |
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XLC
SELECT SECTOR SPDR TR ST STR SVC ETF | | DOMESTIC SECTOR FUND-ETF | 19,462 | 18,382 | -1,080 | $2,157,542 | $1,969,277 | -$188,265 |
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ICF
ISHARES TR SELECT US REIT | | DOMESTIC SECTOR FUND-ETF | 113,095 | 106,208 | -6,887 | $6,999,461 | $7,182,828 | +$183,367 |
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FDMO
FIDELITY COVINGTON TRUST MOMENTUM FACTR | | EQUITIES | 10,344 | 10,254 | -90 | $828,565 | $1,010,744 | +$182,179 |
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SUB
ISHARES TR SHRT NAT MUN ETF | | DOMESTIC TAX EX INVT GRADE-ETF | 2,714 | 1,085 | -1,629 | $288,996 | $115,521 | -$173,475 |
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JEPI
J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM | | DOMESTIC LARGE CAP FUND-ETF | 56,239 | 53,429 | -2,810 | $3,187,630 | $3,017,650 | -$169,980 |
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VGT
VANGUARD WORLD FD INF TECH ETF | | DOMESTIC SECTOR FUND-ETF | 249 | 72 | -177 | $173,896 | $8,605 | -$165,291 |
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SPSM
SPDR SERIES TRUST ST STR SP600 SML | | DOMESTIC SMALL CAP FUND-ETF | 14,497 | 14,381 | -116 | $700,495 | $829,352 | +$128,857 |
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KBWD
INVESCO EXCH TRADED FD TR II KBW HIG DV YLD | | DOMESTIC SECTOR FUND-ETF | 26,678 | 17,185 | -9,493 | $334,542 | $213,438 | -$121,104 |
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VGSH
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS | | DOMESTIC TAXABLE INVT GRADE-ETF | 10,932 | 9,066 | -1,866 | $639,932 | $527,645 | -$112,287 |
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SRLN
SSGA ACTIVE ETF TR ST STR BL LN ETF | | DOMESTIC TAXABLE HIGH YIELD FUND-ETF | 16,672 | 14,461 | -2,211 | $669,231 | $582,619 | -$86,612 |
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JNK
SPDR SERIES TRUST ST BLOO HIGH ETF | | DOMESTIC TAXABLE HIGH YIELD FUND-ETF | 19,528 | 18,581 | -947 | $1,869,220 | $1,790,651 | -$78,569 |
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VTEB
VANGUARD MUN BD FDS TAX EXEMPT BD | | DOMESTIC TAX EX INVT GRADE-ETF | 220,932 | 219,418 | -1,514 | $11,022,298 | $11,098,168 | +$75,870 |
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FSMD
FIDELITY COVINGTON TRUST SML MID MLTFCT | | EQUITIES | 8,901 | 8,864 | -37 | $398,042 | $468,476 | +$70,434 |
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VCIT
VANGUARD SCOTTSDALE FDS INT-TERM CORP | | DOMESTIC TAXABLE INVT GRADE-ETF | 1,216 | 492 | -724 | $100,609 | $40,633 | -$59,976 |
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PZA
INVESCO EXCH TRADED FD TR II NATL AMT MUNI | | DOMESTIC TAX EX INVT GRADE-ETF | 12,373 | 10,000 | -2,373 | $284,332 | $235,200 | -$49,132 |
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FBCV
FIDELITY COVINGTON TRUST BLUE CHIP VALUE | | EQUITIES | 13,367 | 13,240 | -127 | $480,960 | $527,232 | +$46,272 |
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JPST
J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF | | GLOBAL TAXABLE BOND FUND-ETF | 3,131 | 2,241 | -890 | $158,468 | $113,347 | -$45,121 |
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GWX
SPDR INDEX SHS FDS ST INTL CAP ETF | | GLOBAL FUND-ETF | 74,819 | 73,229 | -1,590 | $3,159,616 | $3,204,499 | +$44,883 |
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IWS
ISHARES TR RUS MDCP VAL ETF | | DOMESTIC MID CAP FUND-ETF | 11,760 | 10,685 | -1,075 | $1,713,970 | $1,758,808 | +$44,838 |
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FMF
FIRST TR EXCHANGE-TRADED FD MNGD FUTRS STRGY | | EQUITIES | 850 | 0 | -850 | $43,008 | $0 | -$43,008 |
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TIP
ISHARES TR TIPS BD ETF | | DOMESTIC TAXABLE INVT GRADE-ETF | 7,958 | 7,657 | -301 | $878,245 | $837,906 | -$40,339 |
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FTC
FIRST TR EXCHANGE-TRADED ALP COM SHS | | EQUITIES | 2,090 | 1,864 | -226 | $322,137 | $361,244 | +$39,107 |
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IDHQ
INVESCO EXCH TRADED FD TR II S&P INTL QULTY | | EQUITIES | 6,101 | 5,744 | -357 | $215,798 | $251,077 | +$35,279 |
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BBEU
J P MORGAN EXCHANGE TRADED F BETA EURO ET NE | | INTL DEVELOPED MKTS FUND-ETF | 545 | 151 | -394 | $39,463 | $11,743 | -$27,720 |
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SPHQ
INVESCO EXCHANGE TRADED FD T S&P500 QUALITY | | DOMESTIC LARGE CAP FUND-ETF | 19,838 | 16,827 | -3,011 | $1,491,641 | $1,516,122 | +$24,481 |
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BIL
SPDR SERIES TRUST ST STR BLO 1 ETF | | DOMESTIC TAXABLE INVT GRADE-ETF | 1,229 | 996 | -233 | $112,639 | $91,284 | -$21,355 |
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VFH
VANGUARD WORLD FD FINANCIALS ETF | | EQUITIES | 207 | 31 | -176 | $24,953 | $4,080 | -$20,873 |
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XLRE
SELECT SECTOR SPDR TR ST STR REAL ETF | | DOMESTIC SECTOR FUND-ETF | 1,993 | 1,383 | -610 | $81,358 | $60,876 | -$20,482 |
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FAAR
FIRST TR EXCHANGE TRAD FD VI ALT ABSLT STRG | | EQUITIES | 534 | 0 | -534 | $18,036 | $0 | -$18,036 |
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FTLS
FIRST TR EXCH TRADED FD III LNG/SHT EQUITY | | EQUITIES | 2,884 | 2,529 | -355 | $202,925 | $186,645 | -$16,280 |
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PGX
INVESCO EXCH TRADED FD TR II PFD ETF | | DOMESTIC TAXABLE INVT GRADE-ETF | 25,732 | 24,732 | -1,000 | $279,964 | $268,095 | -$11,869 |
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BBCA
J P MORGAN EXCHANGE TRADED F BETA CDA ETF NEW | | INTL DEVELOPED MKTS FUND-ETF | 323 | 194 | -129 | $30,415 | $19,254 | -$11,161 |
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SDY
SPDR SERIES TRUST ST STR SP DIV | | DOMESTIC LARGE CAP FUND-ETF | 3,199 | 2,996 | -203 | $466,862 | $455,931 | -$10,931 |
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PULS
PGIM ETF TR PGIM ULTRA SH BD | | GLOBAL TAXABLE BOND FUND-ETF | 6,271 | 6,063 | -208 | $310,414 | $300,431 | -$9,983 |
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KCE
SPDR SERIES TRUST ST STR SP CAPMKT | | EQUITIES | 82 | 10 | -72 | $11,335 | $1,472 | -$9,863 |
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SPMO
INVESCO EXCH TRADED FD TR II S&P 500 MOMNTM | | EQUITIES | 224 | 207 | -17 | $25,113 | $33,439 | +$8,326 |
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BABA
ALIBABA GROUP HLDG LTD SPONSORED ADS | | INTL COMMON STOCK | 217 | 208 | -9 | $27,225 | $19,964 | -$7,261 |
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AIQ
GLOBAL X FDS ARTIFICIAL ETF | | EQUITIES | 165 | 25 | -140 | $7,701 | $1,640 | -$6,061 |
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VCR
VANGUARD WORLD FD CONSUM DIS ETF | | EQUITIES | 22 | 5 | -17 | $7,911 | $1,983 | -$5,928 |
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DGRO
ISHARES TR CORE DIV GRWTH | | DOMESTIC MULTI CAP FUND-ETF | 26,986 | 25,062 | -1,924 | $1,893,882 | $1,899,426 | +$5,544 |
|---|
XSW
SPDR SERIES TRUST ST STR SW SERV | | EQUITIES | 42 | 6 | -36 | $5,976 | $1,031 | -$4,945 |
|---|
VOT
VANGUARD INDEX FDS MCAP GR IDXVIP | | DOMESTIC MID CAP FUND-ETF | 948 | 812 | -136 | $244,039 | $248,716 | +$4,677 |
|---|
VRIG
INVESCO ACTIVELY MANAGED EXC VAR RATE INVT | | EQUITIES | 481 | 323 | -158 | $12,030 | $8,091 | -$3,939 |
|---|
VDE
VANGUARD WORLD FD ENERGY ETF | | DOMESTIC SECTOR FUND-ETF | 23 | 3 | -20 | $3,999 | $450 | -$3,549 |
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BOND
PIMCO ETF TR ACTIVE BD ETF | | DOMESTIC TAXABLE INVT GRADE-ETF | 1,045 | 1,008 | -37 | $96,463 | $92,990 | -$3,473 |
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GDX
VANECK ETF TRUST GOLD MINERS ETF | | DOMESTIC SECTOR FUND-ETF | 64 | 46 | -18 | $5,873 | $3,471 | -$2,402 |
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VPU
VANGUARD WORLD FD UTILITIES ETF | | EQUITIES | 8 | 1 | -7 | $1,594 | $196 | -$1,398 |
|---|
DIA
STATE STR SPDR DOW JONES IND UT SER 1 | | DOMESTIC LARGE CAP FUND-ETF | 465 | 414 | -51 | $215,383 | $216,269 | +$886 |
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IGV
ISHARES TR EXPANDED TECH | | DOMESTIC SECTOR FUND-ETF | 15 | 9 | -6 | $1,201 | $815 | -$386 |
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