Filed: 9/30/2025ACC: 0001193125-25-224592
📋 What this filing means
CULLEN CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 198 equity positions with a total reported market value of $8.78B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
198
Positions
$8.78B
Total AUM (reported)
135.73M
Total Shares
Allocation by class
COM$7.75B88.3%
ADR$1.03B11.7%
Portfolio Concentration
Top 3$844.21M9.6%
4–10$1.66B18.9%
11–25$2.88B32.8%
Rest$3.40B38.7%
Top 3 weight
9.6%
Top 10 weight
28.5%
Voting Authority Distribution
Total shares with voting rights: 135.73M
Sole
Full voting authority
105.48M
shares
% of voting shares77.7%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
30.25M
shares
% of voting shares22.3%
Investment Discretion (by position count)
Sole198
Shared0
Other0
Dominant voting typeSole · 77.7% of voting shares
Institutional Holdings198
Rows:
JP Morgan Chase & Co.
SOLEShares1.05M
TypeSH
Market value$303.61M
3.46%
Sole
771K
Shared
0.00
None
276.25K
Cisco Systems Inc.
SOLEShares4.04M
TypeSH
Market value$279.99M
3.19%
Sole
3.09M
Shared
0.00
None
949.29K
Bank of America Corp.
SOLEShares5.51M
TypeSH
Market value$260.61M
2.97%
Sole
4.13M
Shared
0.00
None
1.38M
Novartis AG (ADR)
SOLEShares2.10M
TypeSH
Market value$253.74M
2.89%
Sole
1.39M
Shared
0.00
None
706.03K
Duke Energy Corp.
SOLEShares2.05M
TypeSH
Market value$241.85M
2.75%
Sole
1.57M
Shared
0.00
None
479.48K
Medtronic PLC
SOLEShares2.70M
TypeSH
Market value$235.48M
2.68%
Sole
2.14M
Shared
0.00
None
562.47K
Citigroup Inc.
SOLEShares2.76M
TypeSH
Market value$234.71M
2.67%
Sole
2.09M
Shared
0.00
None
671.77K
Broadcom Ltd.
SOLEShares837.46K
TypeSH
Market value$230.84M
2.63%
Sole
556.93K
Shared
0.00
None
280.52K
Morgan Stanley
SOLEShares1.64M
TypeSH
Market value$230.45M
2.62%
Sole
1.14M
Shared
0.00
None
495.12K
AT&T Inc.
SOLEShares7.94M
TypeSH
Market value$229.91M
2.62%
Sole
6.13M
Shared
0.00
None
1.81M
Philip Morris International In
SOLEShares1.24M
TypeSH
Market value$225.85M
2.57%
Sole
865.81K
Shared
0.00
None
374.24K
General Dynamics Corp.
SOLEShares741.98K
TypeSH
Market value$216.41M
2.46%
Sole
555.68K
Shared
0.00
None
186.30K
RTX Corp
SOLEShares1.47M
TypeSH
Market value$215.14M
2.45%
Sole
1.05M
Shared
0.00
None
424.34K
Vici Properties Inc.
SOLEShares6.43M
TypeSH
Market value$209.50M
2.39%
Sole
5.14M
Shared
0.00
None
1.28M
Johnson Controls International
SOLEShares1.98M
TypeSH
Market value$209.50M
2.39%
Sole
1.43M
Shared
0.00
None
556.06K
Exxon Mobil Corp.
SOLEShares1.93M
TypeSH
Market value$207.98M
2.37%
Sole
1.50M
Shared
0.00
None
433.02K
Chubb Ltd.
SOLEShares695.50K
TypeSH
Market value$201.50M
2.29%
Sole
489.36K
Shared
0.00
None
206.15K
Johnson & Johnson
SOLEShares1.21M
TypeSH
Market value$185.07M
2.11%
Sole
840.11K
Shared
0.00
None
371.50K
Merck & Co. Inc.
SOLEShares2.28M
TypeSH
Market value$180.21M
2.05%
Sole
1.83M
Shared
0.00
None
450.78K
Truist Financial Corp
SOLEShares4.16M
TypeSH
Market value$179.04M
2.04%
Sole
3.13M
Shared
0.00
None
1.03M
ConocoPhillips
SOLEShares1.93M
TypeSH
Market value$173.63M
1.98%
Sole
1.59M
Shared
0.00
None
344.65K
Comcast Corp. (Cl A)
SOLEShares4.84M
TypeSH
Market value$172.69M
1.97%
Sole
3.66M
Shared
0.00
None
1.18M
NextEra Energy Inc.
SOLEShares2.48M
TypeSH
Market value$171.94M
1.96%
Sole
1.67M
Shared
0.00
None
804.07K
Healthpeak Properties Inc
SOLEShares9.59M
TypeSH
Market value$167.94M
1.91%
Sole
7.37M
Shared
0.00
None
2.22M
Genuine Parts Co.
SOLEShares1.35M
TypeSH
Market value$164.17M
1.87%
Sole
1.01M
Shared
0.00
None
345.56K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
JP Morgan Chase & Co.SOLE | COM | 1.05M | SH | $303.61M 3.46% | 771K | 0.00 | 276.25K |
Cisco Systems Inc.SOLE | COM | 4.04M | SH | $279.99M 3.19% | 3.09M | 0.00 | 949.29K |
Bank of America Corp.SOLE | COM | 5.51M | SH | $260.61M 2.97% | 4.13M | 0.00 | 1.38M |
Novartis AG (ADR)SOLE | ADR | 2.10M | SH | $253.74M 2.89% | 1.39M | 0.00 | 706.03K |
Duke Energy Corp.SOLE | COM | 2.05M | SH | $241.85M 2.75% | 1.57M | 0.00 | 479.48K |
Medtronic PLCSOLE | COM | 2.70M | SH | $235.48M 2.68% | 2.14M | 0.00 | 562.47K |
Citigroup Inc.SOLE | COM | 2.76M | SH | $234.71M 2.67% | 2.09M | 0.00 | 671.77K |
Broadcom Ltd.SOLE | COM | 837.46K | SH | $230.84M 2.63% | 556.93K | 0.00 | 280.52K |
Morgan StanleySOLE | COM | 1.64M | SH | $230.45M 2.62% | 1.14M | 0.00 | 495.12K |
AT&T Inc.SOLE | COM | 7.94M | SH | $229.91M 2.62% | 6.13M | 0.00 | 1.81M |
Philip Morris International InSOLE | COM | 1.24M | SH | $225.85M 2.57% | 865.81K | 0.00 | 374.24K |
General Dynamics Corp.SOLE | COM | 741.98K | SH | $216.41M 2.46% | 555.68K | 0.00 | 186.30K |
RTX CorpSOLE | COM | 1.47M | SH | $215.14M 2.45% | 1.05M | 0.00 | 424.34K |
Vici Properties Inc.SOLE | COM | 6.43M | SH | $209.50M 2.39% | 5.14M | 0.00 | 1.28M |
Johnson Controls InternationalSOLE | COM | 1.98M | SH | $209.50M 2.39% | 1.43M | 0.00 | 556.06K |
Exxon Mobil Corp.SOLE | COM | 1.93M | SH | $207.98M 2.37% | 1.50M | 0.00 | 433.02K |
Chubb Ltd.SOLE | COM | 695.50K | SH | $201.50M 2.29% | 489.36K | 0.00 | 206.15K |
Johnson & JohnsonSOLE | COM | 1.21M | SH | $185.07M 2.11% | 840.11K | 0.00 | 371.50K |
Merck & Co. Inc.SOLE | COM | 2.28M | SH | $180.21M 2.05% | 1.83M | 0.00 | 450.78K |
Truist Financial CorpSOLE | COM | 4.16M | SH | $179.04M 2.04% | 3.13M | 0.00 | 1.03M |
ConocoPhillipsSOLE | COM | 1.93M | SH | $173.63M 1.98% | 1.59M | 0.00 | 344.65K |
Comcast Corp. (Cl A)SOLE | COM | 4.84M | SH | $172.69M 1.97% | 3.66M | 0.00 | 1.18M |
NextEra Energy Inc.SOLE | COM | 2.48M | SH | $171.94M 1.96% | 1.67M | 0.00 | 804.07K |
Healthpeak Properties IncSOLE | COM | 9.59M | SH | $167.94M 1.91% | 7.37M | 0.00 | 2.22M |
Genuine Parts Co.SOLE | COM | 1.35M | SH | $164.17M 1.87% | 1.01M | 0.00 | 345.56K |
Page 1 of 8
…