Filed: 8/13/2026ACC: 0001193125-26-349619
📋 What this filing means
CULLEN CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 208 equity positions with a total reported market value of $10.17B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
208
Positions
$10.17B
Total AUM (reported)
129.08M
Total Shares
Allocation by class
COM$8.74B85.9%
ADR$1.43B14.1%
Portfolio Concentration
Top 3$914.52M9.0%
4–10$1.81B17.8%
11–25$3.07B30.2%
Rest$4.37B43.0%
Top 3 weight
9.0%
Top 10 weight
26.8%
Voting Authority Distribution
Total shares with voting rights: 129.08M
Sole
Full voting authority
97.51M
shares
% of voting shares75.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
31.57M
shares
% of voting shares24.5%
Investment Discretion (by position count)
Sole208
Shared0
Other0
Dominant voting typeSole · 75.5% of voting shares
Institutional Holdings208
Rows:
Novartis AG (ADR)
SOLEShares2.03M
TypeSH
Market value$318.62M
3.13%
Sole
1.35M
Shared
0.00
None
678.21K
Cisco Systems Inc.
SOLEShares2.56M
TypeSH
Market value$300.42M
2.95%
Sole
1.80M
Shared
0.00
None
758.16K
Morgan Stanley
SOLEShares1.41M
TypeSH
Market value$295.48M
2.91%
Sole
996.01K
Shared
0.00
None
417.51K
Johnson & Johnson
SOLEShares1.10M
TypeSH
Market value$279.13M
2.75%
Sole
745.85K
Shared
0.00
None
353.22K
Citigroup Inc.
SOLEShares1.93M
TypeSH
Market value$270.02M
2.66%
Sole
1.42M
Shared
0.00
None
510.79K
JP Morgan Chase & Co.
SOLEShares810.78K
TypeSH
Market value$265.39M
2.61%
Sole
545.22K
Shared
0.00
None
265.56K
Merck & Co. Inc.
SOLEShares2.02M
TypeSH
Market value$259.16M
2.55%
Sole
1.49M
Shared
0.00
None
523.34K
Bank of America Corp.
SOLEShares4.34M
TypeSH
Market value$247.05M
2.43%
Sole
2.91M
Shared
0.00
None
1.42M
Duke Energy Corp.
SOLEShares1.93M
TypeSH
Market value$244.73M
2.41%
Sole
1.44M
Shared
0.00
None
496.98K
Johnson Controls International
SOLEShares1.67M
TypeSH
Market value$244.21M
2.40%
Sole
1.13M
Shared
0.00
None
543.86K
General Dynamics Corp.
SOLEShares675.36K
TypeSH
Market value$239.24M
2.35%
Sole
487.89K
Shared
0.00
None
187.47K
Chubb Ltd.
SOLEShares674.69K
TypeSH
Market value$229.89M
2.26%
Sole
455.56K
Shared
0.00
None
219.14K
Truist Financial Corp
SOLEShares4.47M
TypeSH
Market value$222.89M
2.19%
Sole
3.30M
Shared
0.00
None
1.17M
RTX Corp
SOLEShares1.15M
TypeSH
Market value$218.45M
2.15%
Sole
826.37K
Shared
0.00
None
325.02K
Philip Morris International In
SOLEShares1.20M
TypeSH
Market value$216.66M
2.13%
Sole
800.95K
Shared
0.00
None
396.69K
NextEra Energy Inc.
SOLEShares2.42M
TypeSH
Market value$212.31M
2.09%
Sole
1.59M
Shared
0.00
None
825.96K
Healthpeak Properties Inc
SOLEShares9.77M
TypeSH
Market value$209.05M
2.06%
Sole
7.15M
Shared
0.00
None
2.62M
ExxonMobil Holdings Corp.
SOLEShares1.49M
TypeSH
Market value$203.99M
2.01%
Sole
1.13M
Shared
0.00
None
358.49K
Medtronic PLC
SOLEShares2.59M
TypeSH
Market value$202.76M
1.99%
Sole
1.94M
Shared
0.00
None
656.70K
Broadcom Ltd.
SOLEShares532.12K
TypeSH
Market value$201.01M
1.98%
Sole
355.37K
Shared
0.00
None
176.75K
UnitedHealth Group Inc.
SOLEShares475.52K
TypeSH
Market value$197.64M
1.94%
Sole
373.67K
Shared
0.00
None
101.85K
Vici Properties Inc.
SOLEShares6.97M
TypeSH
Market value$185.04M
1.82%
Sole
5.37M
Shared
0.00
None
1.60M
ConocoPhillips
SOLEShares1.75M
TypeSH
Market value$181.79M
1.79%
Sole
1.35M
Shared
0.00
None
400.94K
United Parcel Service Inc.
SOLEShares1.66M
TypeSH
Market value$178.07M
1.75%
Sole
1.23M
Shared
0.00
None
424.69K
Qualcomm Inc.
SOLEShares939.60K
TypeSH
Market value$173.63M
1.71%
Sole
701.08K
Shared
0.00
None
238.52K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Novartis AG (ADR)SOLE | ADR | 2.03M | SH | $318.62M 3.13% | 1.35M | 0.00 | 678.21K |
Cisco Systems Inc.SOLE | COM | 2.56M | SH | $300.42M 2.95% | 1.80M | 0.00 | 758.16K |
Morgan StanleySOLE | COM | 1.41M | SH | $295.48M 2.91% | 996.01K | 0.00 | 417.51K |
Johnson & JohnsonSOLE | COM | 1.10M | SH | $279.13M 2.75% | 745.85K | 0.00 | 353.22K |
Citigroup Inc.SOLE | COM | 1.93M | SH | $270.02M 2.66% | 1.42M | 0.00 | 510.79K |
JP Morgan Chase & Co.SOLE | COM | 810.78K | SH | $265.39M 2.61% | 545.22K | 0.00 | 265.56K |
Merck & Co. Inc.SOLE | COM | 2.02M | SH | $259.16M 2.55% | 1.49M | 0.00 | 523.34K |
Bank of America Corp.SOLE | COM | 4.34M | SH | $247.05M 2.43% | 2.91M | 0.00 | 1.42M |
Duke Energy Corp.SOLE | COM | 1.93M | SH | $244.73M 2.41% | 1.44M | 0.00 | 496.98K |
Johnson Controls InternationalSOLE | COM | 1.67M | SH | $244.21M 2.40% | 1.13M | 0.00 | 543.86K |
General Dynamics Corp.SOLE | COM | 675.36K | SH | $239.24M 2.35% | 487.89K | 0.00 | 187.47K |
Chubb Ltd.SOLE | COM | 674.69K | SH | $229.89M 2.26% | 455.56K | 0.00 | 219.14K |
Truist Financial CorpSOLE | COM | 4.47M | SH | $222.89M 2.19% | 3.30M | 0.00 | 1.17M |
RTX CorpSOLE | COM | 1.15M | SH | $218.45M 2.15% | 826.37K | 0.00 | 325.02K |
Philip Morris International InSOLE | COM | 1.20M | SH | $216.66M 2.13% | 800.95K | 0.00 | 396.69K |
NextEra Energy Inc.SOLE | COM | 2.42M | SH | $212.31M 2.09% | 1.59M | 0.00 | 825.96K |
Healthpeak Properties IncSOLE | COM | 9.77M | SH | $209.05M 2.06% | 7.15M | 0.00 | 2.62M |
ExxonMobil Holdings Corp.SOLE | COM | 1.49M | SH | $203.99M 2.01% | 1.13M | 0.00 | 358.49K |
Medtronic PLCSOLE | COM | 2.59M | SH | $202.76M 1.99% | 1.94M | 0.00 | 656.70K |
Broadcom Ltd.SOLE | COM | 532.12K | SH | $201.01M 1.98% | 355.37K | 0.00 | 176.75K |
UnitedHealth Group Inc.SOLE | COM | 475.52K | SH | $197.64M 1.94% | 373.67K | 0.00 | 101.85K |
Vici Properties Inc.SOLE | COM | 6.97M | SH | $185.04M 1.82% | 5.37M | 0.00 | 1.60M |
ConocoPhillipsSOLE | COM | 1.75M | SH | $181.79M 1.79% | 1.35M | 0.00 | 400.94K |
United Parcel Service Inc.SOLE | COM | 1.66M | SH | $178.07M 1.75% | 1.23M | 0.00 | 424.69K |
Qualcomm Inc.SOLE | COM | 939.60K | SH | $173.63M 1.71% | 701.08K | 0.00 | 238.52K |
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