Filed: 5/15/2025ACC: 0000950123-25-005569
📋 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 $8.66B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
205
Positions
$8.66B
Total AUM (reported)
143.70M
Total Shares
Allocation by class
COM$7.77B89.7%
ADR$890.85M10.3%
Portfolio Concentration
Top 3$777.96M9.0%
4–10$1.66B19.2%
11–25$2.96B34.2%
Rest$3.25B37.6%
Top 3 weight
9.0%
Top 10 weight
28.2%
Voting Authority Distribution
Total shares with voting rights: 143.70M
Sole
Full voting authority
111.12M
shares
% of voting shares77.3%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
32.57M
shares
% of voting shares22.7%
Investment Discretion (by position count)
Sole205
Shared0
Other0
Dominant voting typeSole · 77.3% of voting shares
Institutional Holdings205
Rows:
JP Morgan Chase & Co.
SOLEShares1.07M
TypeSH
Market value$261.79M
3.02%
Sole
787.45K
Shared
0.00
None
279.76K
RTX Corp
SOLEShares1.95M
TypeSH
Market value$258.13M
2.98%
Sole
1.51M
Shared
0.00
None
436.19K
Duke Energy Corp.
SOLEShares2.12M
TypeSH
Market value$258.05M
2.98%
Sole
1.63M
Shared
0.00
None
486.17K
Cisco Systems Inc.
SOLEShares4.18M
TypeSH
Market value$258.00M
2.98%
Sole
3.22M
Shared
0.00
None
961.60K
Medtronic PLC
SOLEShares2.72M
TypeSH
Market value$244.50M
2.82%
Sole
2.14M
Shared
0.00
None
583.42K
Chevron Corp.
SOLEShares1.43M
TypeSH
Market value$238.61M
2.76%
Sole
1.10M
Shared
0.00
None
327.18K
Novartis AG (ADR)
SOLEShares2.11M
TypeSH
Market value$235.08M
2.72%
Sole
1.40M
Shared
0.00
None
704.17K
Exxon Mobil Corp.
SOLEShares1.94M
TypeSH
Market value$230.56M
2.66%
Sole
1.50M
Shared
0.00
None
438.83K
Bank of America Corp.
SOLEShares5.50M
TypeSH
Market value$229.52M
2.65%
Sole
4.11M
Shared
0.00
None
1.39M
Johnson Controls International
SOLEShares2.83M
TypeSH
Market value$226.79M
2.62%
Sole
2.08M
Shared
0.00
None
753.35K
Kenvue Inc
SOLEShares9.05M
TypeSH
Market value$217.03M
2.51%
Sole
6.83M
Shared
0.00
None
2.22M
Chubb Ltd.
SOLEShares699.38K
TypeSH
Market value$211.20M
2.44%
Sole
499.54K
Shared
0.00
None
199.84K
Vici Properties Inc.
SOLEShares6.46M
TypeSH
Market value$210.74M
2.43%
Sole
5.16M
Shared
0.00
None
1.30M
Philip Morris International In
SOLEShares1.29M
TypeSH
Market value$205.16M
2.37%
Sole
910.56K
Shared
0.00
None
381.94K
General Dynamics Corp.
SOLEShares752.07K
TypeSH
Market value$205.00M
2.37%
Sole
561.40K
Shared
0.00
None
190.67K
Johnson & Johnson
SOLEShares1.23M
TypeSH
Market value$204.79M
2.37%
Sole
856.14K
Shared
0.00
None
378.75K
Healthpeak Properties Inc
SOLEShares10.10M
TypeSH
Market value$204.13M
2.36%
Sole
7.71M
Shared
0.00
None
2.38M
Merck & Co. Inc.
SOLEShares2.24M
TypeSH
Market value$200.76M
2.32%
Sole
1.78M
Shared
0.00
None
453.57K
Citigroup Inc.
SOLEShares2.80M
TypeSH
Market value$198.51M
2.29%
Sole
2.12M
Shared
0.00
None
676K
Comcast Corp. (Cl A)
SOLEShares5.35M
TypeSH
Market value$197.29M
2.28%
Sole
4.10M
Shared
0.00
None
1.24M
Morgan Stanley
SOLEShares1.66M
TypeSH
Market value$193.98M
2.24%
Sole
1.17M
Shared
0.00
None
495.22K
Truist Financial Corp
SOLEShares4.48M
TypeSH
Market value$184.42M
2.13%
Sole
3.41M
Shared
0.00
None
1.07M
AT&T Inc.
SOLEShares6.36M
TypeSH
Market value$179.84M
2.08%
Sole
4.45M
Shared
0.00
None
1.91M
NextEra Energy Inc.
SOLEShares2.53M
TypeSH
Market value$179.12M
2.07%
Sole
1.71M
Shared
0.00
None
819.62K
Altria Group Inc.
SOLEShares2.88M
TypeSH
Market value$173.00M
2.00%
Sole
2.37M
Shared
0.00
None
509.56K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
JP Morgan Chase & Co.SOLE | COM | 1.07M | SH | $261.79M 3.02% | 787.45K | 0.00 | 279.76K |
RTX CorpSOLE | COM | 1.95M | SH | $258.13M 2.98% | 1.51M | 0.00 | 436.19K |
Duke Energy Corp.SOLE | COM | 2.12M | SH | $258.05M 2.98% | 1.63M | 0.00 | 486.17K |
Cisco Systems Inc.SOLE | COM | 4.18M | SH | $258.00M 2.98% | 3.22M | 0.00 | 961.60K |
Medtronic PLCSOLE | COM | 2.72M | SH | $244.50M 2.82% | 2.14M | 0.00 | 583.42K |
Chevron Corp.SOLE | COM | 1.43M | SH | $238.61M 2.76% | 1.10M | 0.00 | 327.18K |
Novartis AG (ADR)SOLE | ADR | 2.11M | SH | $235.08M 2.72% | 1.40M | 0.00 | 704.17K |
Exxon Mobil Corp.SOLE | COM | 1.94M | SH | $230.56M 2.66% | 1.50M | 0.00 | 438.83K |
Bank of America Corp.SOLE | COM | 5.50M | SH | $229.52M 2.65% | 4.11M | 0.00 | 1.39M |
Johnson Controls InternationalSOLE | COM | 2.83M | SH | $226.79M 2.62% | 2.08M | 0.00 | 753.35K |
Kenvue IncSOLE | COM | 9.05M | SH | $217.03M 2.51% | 6.83M | 0.00 | 2.22M |
Chubb Ltd.SOLE | COM | 699.38K | SH | $211.20M 2.44% | 499.54K | 0.00 | 199.84K |
Vici Properties Inc.SOLE | COM | 6.46M | SH | $210.74M 2.43% | 5.16M | 0.00 | 1.30M |
Philip Morris International InSOLE | COM | 1.29M | SH | $205.16M 2.37% | 910.56K | 0.00 | 381.94K |
General Dynamics Corp.SOLE | COM | 752.07K | SH | $205.00M 2.37% | 561.40K | 0.00 | 190.67K |
Johnson & JohnsonSOLE | COM | 1.23M | SH | $204.79M 2.37% | 856.14K | 0.00 | 378.75K |
Healthpeak Properties IncSOLE | COM | 10.10M | SH | $204.13M 2.36% | 7.71M | 0.00 | 2.38M |
Merck & Co. Inc.SOLE | COM | 2.24M | SH | $200.76M 2.32% | 1.78M | 0.00 | 453.57K |
Citigroup Inc.SOLE | COM | 2.80M | SH | $198.51M 2.29% | 2.12M | 0.00 | 676K |
Comcast Corp. (Cl A)SOLE | COM | 5.35M | SH | $197.29M 2.28% | 4.10M | 0.00 | 1.24M |
Morgan StanleySOLE | COM | 1.66M | SH | $193.98M 2.24% | 1.17M | 0.00 | 495.22K |
Truist Financial CorpSOLE | COM | 4.48M | SH | $184.42M 2.13% | 3.41M | 0.00 | 1.07M |
AT&T Inc.SOLE | COM | 6.36M | SH | $179.84M 2.08% | 4.45M | 0.00 | 1.91M |
NextEra Energy Inc.SOLE | COM | 2.53M | SH | $179.12M 2.07% | 1.71M | 0.00 | 819.62K |
Altria Group Inc.SOLE | COM | 2.88M | SH | $173.00M 2.00% | 2.37M | 0.00 | 509.56K |
Page 1 of 9
…