Filed: 11/14/2023ACC: 0000950123-23-010481
📋 What this filing means
CULLEN CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 205 equity positions with a total reported market value of $8.57B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
205
Positions
$8.57B
Total AUM (reported)
154.86M
Total Shares
Allocation by class
COM$7.50B87.5%
ADR$1.07B12.5%
Portfolio Concentration
Top 3$815.66M9.5%
4–10$1.70B19.9%
11–25$3.01B35.1%
Rest$3.04B35.5%
Top 3 weight
9.5%
Top 10 weight
29.4%
Voting Authority Distribution
Total shares with voting rights: 154.86M
Sole
Full voting authority
125.07M
shares
% of voting shares80.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
29.78M
shares
% of voting shares19.2%
Investment Discretion (by position count)
Sole205
Shared0
Other0
Dominant voting typeSole · 80.8% of voting shares
Institutional Holdings205
Rows:
Novartis AG (ADR)
SOLEShares2.71M
TypeSH
Market value$276.53M
3.23%
Sole
1.95M
Shared
0.00
None
764.21K
Exxon Mobil Corp.
SOLEShares2.30M
TypeSH
Market value$270.78M
3.16%
Sole
1.84M
Shared
0.00
None
466.55K
JP Morgan Chase & Co.
SOLEShares1.85M
TypeSH
Market value$268.35M
3.13%
Sole
1.41M
Shared
0.00
None
436.90K
Chevron Corp.
SOLEShares1.58M
TypeSH
Market value$265.85M
3.10%
Sole
1.27M
Shared
0.00
None
305.05K
Merck & Co. Inc.
SOLEShares2.45M
TypeSH
Market value$252.41M
2.95%
Sole
2M
Shared
0.00
None
447.56K
Cisco Systems Inc.
SOLEShares4.63M
TypeSH
Market value$248.65M
2.90%
Sole
3.67M
Shared
0.00
None
957.34K
Philip Morris International In
SOLEShares2.56M
TypeSH
Market value$237.15M
2.77%
Sole
2.02M
Shared
0.00
None
538.54K
Morgan Stanley
SOLEShares2.89M
TypeSH
Market value$236.31M
2.76%
Sole
2.31M
Shared
0.00
None
580.90K
Comcast Corp. (Cl A)
SOLEShares5.23M
TypeSH
Market value$231.93M
2.71%
Sole
4.21M
Shared
0.00
None
1.02M
Medtronic PLC
SOLEShares2.94M
TypeSH
Market value$230.33M
2.69%
Sole
2.41M
Shared
0.00
None
526.79K
BCE Inc.
SOLEShares5.95M
TypeSH
Market value$227.11M
2.65%
Sole
4.69M
Shared
0.00
None
1.26M
Duke Energy Corp.
SOLEShares2.56M
TypeSH
Market value$225.91M
2.64%
Sole
2.09M
Shared
0.00
None
471.83K
Unilever PLC (ADR)
SOLEShares4.47M
TypeSH
Market value$220.67M
2.58%
Sole
3.51M
Shared
0.00
None
953.07K
Chubb Ltd.
SOLEShares1.06M
TypeSH
Market value$220.01M
2.57%
Sole
776.96K
Shared
0.00
None
279.86K
Johnson & Johnson
SOLEShares1.37M
TypeSH
Market value$213.03M
2.49%
Sole
1.02M
Shared
0.00
None
345.03K
General Dynamics Corp.
SOLEShares956.05K
TypeSH
Market value$211.26M
2.47%
Sole
748.44K
Shared
0.00
None
207.62K
Kenvue Inc
SOLEShares10.35M
TypeSH
Market value$207.93M
2.43%
Sole
8.15M
Shared
0.00
None
2.20M
Dow Inc
SOLEShares3.96M
TypeSH
Market value$204.22M
2.38%
Sole
3.16M
Shared
0.00
None
800.86K
Vici Properties Inc.
SOLEShares6.89M
TypeSH
Market value$200.57M
2.34%
Sole
5.79M
Shared
0.00
None
1.10M
Broadcom Ltd.
SOLEShares236.10K
TypeSH
Market value$196.10M
2.29%
Sole
174.23K
Shared
0.00
None
61.88K
Johnson Controls International
SOLEShares3.57M
TypeSH
Market value$189.92M
2.22%
Sole
2.76M
Shared
0.00
None
804.47K
RTX Corp
SOLEShares2.57M
TypeSH
Market value$184.63M
2.16%
Sole
2.11M
Shared
0.00
None
456.62K
ConocoPhillips
SOLEShares1.48M
TypeSH
Market value$177.71M
2.07%
Sole
1.15M
Shared
0.00
None
329.14K
Genuine Parts Co.
SOLEShares1.19M
TypeSH
Market value$172.25M
2.01%
Sole
914.30K
Shared
0.00
None
278.75K
Healthpeak Properties Inc
SOLEShares8.67M
TypeSH
Market value$159.22M
1.86%
Sole
7.16M
Shared
0.00
None
1.51M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Novartis AG (ADR)SOLE | ADR | 2.71M | SH | $276.53M 3.23% | 1.95M | 0.00 | 764.21K |
Exxon Mobil Corp.SOLE | COM | 2.30M | SH | $270.78M 3.16% | 1.84M | 0.00 | 466.55K |
JP Morgan Chase & Co.SOLE | COM | 1.85M | SH | $268.35M 3.13% | 1.41M | 0.00 | 436.90K |
Chevron Corp.SOLE | COM | 1.58M | SH | $265.85M 3.10% | 1.27M | 0.00 | 305.05K |
Merck & Co. Inc.SOLE | COM | 2.45M | SH | $252.41M 2.95% | 2M | 0.00 | 447.56K |
Cisco Systems Inc.SOLE | COM | 4.63M | SH | $248.65M 2.90% | 3.67M | 0.00 | 957.34K |
Philip Morris International InSOLE | COM | 2.56M | SH | $237.15M 2.77% | 2.02M | 0.00 | 538.54K |
Morgan StanleySOLE | COM | 2.89M | SH | $236.31M 2.76% | 2.31M | 0.00 | 580.90K |
Comcast Corp. (Cl A)SOLE | COM | 5.23M | SH | $231.93M 2.71% | 4.21M | 0.00 | 1.02M |
Medtronic PLCSOLE | COM | 2.94M | SH | $230.33M 2.69% | 2.41M | 0.00 | 526.79K |
BCE Inc.SOLE | COM | 5.95M | SH | $227.11M 2.65% | 4.69M | 0.00 | 1.26M |
Duke Energy Corp.SOLE | COM | 2.56M | SH | $225.91M 2.64% | 2.09M | 0.00 | 471.83K |
Unilever PLC (ADR)SOLE | ADR | 4.47M | SH | $220.67M 2.58% | 3.51M | 0.00 | 953.07K |
Chubb Ltd.SOLE | COM | 1.06M | SH | $220.01M 2.57% | 776.96K | 0.00 | 279.86K |
Johnson & JohnsonSOLE | COM | 1.37M | SH | $213.03M 2.49% | 1.02M | 0.00 | 345.03K |
General Dynamics Corp.SOLE | COM | 956.05K | SH | $211.26M 2.47% | 748.44K | 0.00 | 207.62K |
Kenvue IncSOLE | COM | 10.35M | SH | $207.93M 2.43% | 8.15M | 0.00 | 2.20M |
Dow IncSOLE | COM | 3.96M | SH | $204.22M 2.38% | 3.16M | 0.00 | 800.86K |
Vici Properties Inc.SOLE | COM | 6.89M | SH | $200.57M 2.34% | 5.79M | 0.00 | 1.10M |
Broadcom Ltd.SOLE | COM | 236.10K | SH | $196.10M 2.29% | 174.23K | 0.00 | 61.88K |
Johnson Controls InternationalSOLE | COM | 3.57M | SH | $189.92M 2.22% | 2.76M | 0.00 | 804.47K |
RTX CorpSOLE | COM | 2.57M | SH | $184.63M 2.16% | 2.11M | 0.00 | 456.62K |
ConocoPhillipsSOLE | COM | 1.48M | SH | $177.71M 2.07% | 1.15M | 0.00 | 329.14K |
Genuine Parts Co.SOLE | COM | 1.19M | SH | $172.25M 2.01% | 914.30K | 0.00 | 278.75K |
Healthpeak Properties IncSOLE | COM | 8.67M | SH | $159.22M 1.86% | 7.16M | 0.00 | 1.51M |
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