Filed: 7/22/2025ACC: 0001161670-25-000004
📋 What this filing means
CULLINAN ASSOCIATES INC filed this quarterly 13F‑HR report disclosing 210 equity positions with a total reported market value of $1.52B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
210
Positions
$1.52B
Total AUM (reported)
9.95M
Total Shares
Allocation by class
COM$1.52B100.0%
Portfolio Concentration
Top 3$296.62M19.6%
4–10$349.82M23.1%
11–25$318.56M21.0%
Rest$551.17M36.4%
Top 3 weight
19.6%
Top 10 weight
42.6%
Voting Authority Distribution
Total shares with voting rights: 9.95M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
9.95M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole210
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings210
Rows:
Coinbase Global Inc.
SOLEShares302.73K
TypeSH
Market value$106.10M
7.00%
Sole
0.00
Shared
0.00
None
302.73K
Coca-Cola Company
SOLEShares1.38M
TypeSH
Market value$97.46M
6.43%
Sole
0.00
Shared
0.00
None
1.38M
Apple Inc
SOLEShares453.59K
TypeSH
Market value$93.06M
6.14%
Sole
0.00
Shared
0.00
None
453.59K
Microsoft Corp
SOLEShares169.83K
TypeSH
Market value$84.47M
5.57%
Sole
0.00
Shared
0.00
None
169.83K
S&P Global Inc.
SOLEShares123.44K
TypeSH
Market value$65.09M
4.29%
Sole
0.00
Shared
0.00
None
123.44K
Wal-Mart Stores Inc
SOLEShares567.62K
TypeSH
Market value$55.50M
3.66%
Sole
0.00
Shared
0.00
None
567.62K
Procter & Gamble Co
SOLEShares262.39K
TypeSH
Market value$41.80M
2.76%
Sole
0.00
Shared
0.00
None
262.39K
SPDR S&P 500 Trust
SOLEShares62.18K
TypeSH
Market value$38.42M
2.53%
Sole
0.00
Shared
0.00
None
62.18K
Intl Business Machines Corp
SOLEShares121.14K
TypeSH
Market value$35.71M
2.36%
Sole
0.00
Shared
0.00
None
121.14K
Johnson & Johnson
SOLEShares188.68K
TypeSH
Market value$28.82M
1.90%
Sole
0.00
Shared
0.00
None
188.68K
Exxon Mobil
SOLEShares262.97K
TypeSH
Market value$28.35M
1.87%
Sole
0.00
Shared
0.00
None
262.97K
Amazon
SOLEShares127.09K
TypeSH
Market value$27.88M
1.84%
Sole
0.00
Shared
0.00
None
127.09K
Oracle Corp
SOLEShares120.01K
TypeSH
Market value$26.24M
1.73%
Sole
0.00
Shared
0.00
None
120.01K
Visa Inc Cl A
SOLEShares66.59K
TypeSH
Market value$23.64M
1.56%
Sole
0.00
Shared
0.00
None
66.59K
Alphabet Class A
SOLEShares132.69K
TypeSH
Market value$23.38M
1.54%
Sole
0.00
Shared
0.00
None
132.69K
Vertex Pharmaceutical
SOLEShares52.01K
TypeSH
Market value$23.16M
1.53%
Sole
0.00
Shared
0.00
None
52.01K
J P Morgan Chase & Co
SOLEShares78.34K
TypeSH
Market value$22.71M
1.50%
Sole
0.00
Shared
0.00
None
78.34K
McDonalds Corp
SOLEShares66.71K
TypeSH
Market value$19.49M
1.29%
Sole
0.00
Shared
0.00
None
66.71K
Nvidia Corp
SOLEShares119.82K
TypeSH
Market value$18.93M
1.25%
Sole
0.00
Shared
0.00
None
119.82K
Lowes Companies Inc
SOLEShares84.47K
TypeSH
Market value$18.74M
1.24%
Sole
0.00
Shared
0.00
None
84.47K
Texas Instruments
SOLEShares87.92K
TypeSH
Market value$18.25M
1.20%
Sole
0.00
Shared
0.00
None
87.92K
American Express Co
SOLEShares54.80K
TypeSH
Market value$17.48M
1.15%
Sole
0.00
Shared
0.00
None
54.80K
Electronic Arts
SOLEShares106.39K
TypeSH
Market value$16.99M
1.12%
Sole
0.00
Shared
0.00
None
106.39K
Chevron Corp
SOLEShares118.36K
TypeSH
Market value$16.95M
1.12%
Sole
0.00
Shared
0.00
None
118.36K
AbbVie Inc
SOLEShares88.14K
TypeSH
Market value$16.36M
1.08%
Sole
0.00
Shared
0.00
None
88.14K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Coinbase Global Inc.SOLE | COM | 302.73K | SH | $106.10M 7.00% | 0.00 | 0.00 | 302.73K |
Coca-Cola CompanySOLE | COM | 1.38M | SH | $97.46M 6.43% | 0.00 | 0.00 | 1.38M |
Apple IncSOLE | COM | 453.59K | SH | $93.06M 6.14% | 0.00 | 0.00 | 453.59K |
Microsoft CorpSOLE | COM | 169.83K | SH | $84.47M 5.57% | 0.00 | 0.00 | 169.83K |
S&P Global Inc.SOLE | COM | 123.44K | SH | $65.09M 4.29% | 0.00 | 0.00 | 123.44K |
Wal-Mart Stores IncSOLE | COM | 567.62K | SH | $55.50M 3.66% | 0.00 | 0.00 | 567.62K |
Procter & Gamble CoSOLE | COM | 262.39K | SH | $41.80M 2.76% | 0.00 | 0.00 | 262.39K |
SPDR S&P 500 TrustSOLE | COM | 62.18K | SH | $38.42M 2.53% | 0.00 | 0.00 | 62.18K |
Intl Business Machines CorpSOLE | COM | 121.14K | SH | $35.71M 2.36% | 0.00 | 0.00 | 121.14K |
Johnson & JohnsonSOLE | COM | 188.68K | SH | $28.82M 1.90% | 0.00 | 0.00 | 188.68K |
Exxon MobilSOLE | COM | 262.97K | SH | $28.35M 1.87% | 0.00 | 0.00 | 262.97K |
AmazonSOLE | COM | 127.09K | SH | $27.88M 1.84% | 0.00 | 0.00 | 127.09K |
Oracle CorpSOLE | COM | 120.01K | SH | $26.24M 1.73% | 0.00 | 0.00 | 120.01K |
Visa Inc Cl ASOLE | COM | 66.59K | SH | $23.64M 1.56% | 0.00 | 0.00 | 66.59K |
Alphabet Class ASOLE | COM | 132.69K | SH | $23.38M 1.54% | 0.00 | 0.00 | 132.69K |
Vertex PharmaceuticalSOLE | COM | 52.01K | SH | $23.16M 1.53% | 0.00 | 0.00 | 52.01K |
J P Morgan Chase & CoSOLE | COM | 78.34K | SH | $22.71M 1.50% | 0.00 | 0.00 | 78.34K |
McDonalds CorpSOLE | COM | 66.71K | SH | $19.49M 1.29% | 0.00 | 0.00 | 66.71K |
Nvidia CorpSOLE | COM | 119.82K | SH | $18.93M 1.25% | 0.00 | 0.00 | 119.82K |
Lowes Companies IncSOLE | COM | 84.47K | SH | $18.74M 1.24% | 0.00 | 0.00 | 84.47K |
Texas InstrumentsSOLE | COM | 87.92K | SH | $18.25M 1.20% | 0.00 | 0.00 | 87.92K |
American Express CoSOLE | COM | 54.80K | SH | $17.48M 1.15% | 0.00 | 0.00 | 54.80K |
Electronic ArtsSOLE | COM | 106.39K | SH | $16.99M 1.12% | 0.00 | 0.00 | 106.39K |
Chevron CorpSOLE | COM | 118.36K | SH | $16.95M 1.12% | 0.00 | 0.00 | 118.36K |
AbbVie IncSOLE | COM | 88.14K | SH | $16.36M 1.08% | 0.00 | 0.00 | 88.14K |
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