Largest positions
| Issuer | Class | Value | Share |
|---|---|---|---|
| Novartis AG (ADR)ADR | ADR | $318,618,100 | 3.1% |
| Cisco Systems Inc..COM | COM | $300,422,954 | 3.0% |
| Morgan StanleyCOM | COM | $295,482,478 | 2.9% |
| Johnson & JohnsonCOM | COM | $279,132,521 | 2.7% |
| Citigroup Inc..COM | COM | $270,018,559 | 2.7% |
| JP Morgan Chase & Co.COM | COM | $265,392,705 | 2.6% |
| Merck & Co. Inc..COM | COM | $259,158,168 | 2.5% |
| Bank Of America Corp..COM | COM | $247,054,927 | 2.4% |
| Duke Energy Corp..COM | COM | $244,731,344 | 2.4% |
| Johnson Controls InternationalCOM | COM | $244,213,790 | 2.4% |
| General Dynamics Corp..COM | COM | $239,238,992 | 2.4% |
| Chubb Ltd.COM | COM | $229,894,839 | 2.3% |
| Truist Financial Corp.COM | COM | $222,892,416 | 2.2% |
| Rtx Corp.COM | COM | $218,452,928 | 2.1% |
| Philip Morris International InCOM | COM | $216,664,536 | 2.1% |
| Nextera Energy Inc..COM | COM | $212,308,206 | 2.1% |
| Healthpeak Properties Inc.COM | COM | $209,048,928 | 2.1% |
| Exxonmobil Holdings Corp..COM | COM | $203,993,333 | 2.0% |
| Medtronic PLCCOM | COM | $202,764,187 | 2.0% |
| Broadcom Ltd.COM | COM | $201,007,911 | 2.0% |
| Unitedhealth Group Inc..COM | COM | $197,639,908 | 1.9% |
| Vici Properties Inc..COM | COM | $185,044,842 | 1.8% |
| ConocophillipsCOM | COM | $181,787,320 | 1.8% |
| United Parcel Service Inc..COM | COM | $178,070,643 | 1.8% |
| Qualcomm Inc..COM | COM | $173,628,926 | 1.7% |
| Genuine Parts Co.COM | COM | $166,470,776 | 1.6% |
| Altria Group Inc..COM | COM | $166,344,577 | 1.6% |
| Unilever PLC (ADR)ADR | ADR | $165,051,047 | 1.6% |
| The Travelers Companies Inc..COM | COM | $158,535,019 | 1.6% |
| Target Corp..COM | COM | $145,821,783 | 1.4% |
| Chevron Corp..COM | COM | $142,485,931 | 1.4% |
| Lowe's Companies Inc..COM | COM | $139,207,337 | 1.4% |
| British American Tobacco PLC (ADR)ADR | ADR | $134,367,269 | 1.3% |
| Comcast Corp.. (CL A)COM | COM | $129,800,768 | 1.3% |
| Restaurant Brands InternationaCOM | COM | $128,349,582 | 1.3% |
| Becton Dickinson & Co.COM | COM | $124,804,866 | 1.2% |
| AT&T Inc..COM | COM | $118,446,958 | 1.2% |
| Microsoft Corp..COM | COM | $109,279,699 | 1.1% |
| Bce Inc..COM | COM | $107,022,922 | 1.1% |
| Ase Technology Holding Company (ADR)ADR | ADR | $94,336,348 | 0.9% |
| Copa Holdings SACOM | COM | $88,871,385 | 0.9% |
| Taiwan Semiconductor Manufacturing (ADR)ADR | ADR | $85,856,102 | 0.8% |
| Omnicom Group Inc..COM | COM | $85,698,415 | 0.8% |
| Diageo PLC (ADR)ADR | ADR | $81,851,597 | 0.8% |
| Crown Castle Inc..COM | COM | $77,727,021 | 0.8% |
| International Business MachineCOM | COM | $71,557,495 | 0.7% |
| Millicom Intl CellularCOM | COM | $71,258,490 | 0.7% |
| National Grid PLC (ADR)ADR | ADR | $67,584,488 | 0.7% |
| Toyota Motor Corp.. (ADR)ADR | ADR | $65,906,880 | 0.6% |
| Sysco Corp..COM | COM | $65,407,670 | 0.6% |
Novartis AG (ADR)ADR$318,618,100
- Class
- ADR
- Share
- 3.1%
Cisco Systems Inc..COM$300,422,954
- Class
- COM
- Share
- 3.0%
Morgan StanleyCOM$295,482,478
- Class
- COM
- Share
- 2.9%
Johnson & JohnsonCOM$279,132,521
- Class
- COM
- Share
- 2.7%
Citigroup Inc..COM$270,018,559
- Class
- COM
- Share
- 2.7%
JP Morgan Chase & Co.COM$265,392,705
- Class
- COM
- Share
- 2.6%
Merck & Co. Inc..COM$259,158,168
- Class
- COM
- Share
- 2.5%
Bank Of America Corp..COM$247,054,927
- Class
- COM
- Share
- 2.4%
Duke Energy Corp..COM$244,731,344
- Class
- COM
- Share
- 2.4%
Johnson Controls InternationalCOM$244,213,790
- Class
- COM
- Share
- 2.4%
General Dynamics Corp..COM$239,238,992
- Class
- COM
- Share
- 2.4%
Chubb Ltd.COM$229,894,839
- Class
- COM
- Share
- 2.3%
Truist Financial Corp.COM$222,892,416
- Class
- COM
- Share
- 2.2%
Rtx Corp.COM$218,452,928
- Class
- COM
- Share
- 2.1%
Philip Morris International InCOM$216,664,536
- Class
- COM
- Share
- 2.1%
Nextera Energy Inc..COM$212,308,206
- Class
- COM
- Share
- 2.1%
Healthpeak Properties Inc.COM$209,048,928
- Class
- COM
- Share
- 2.1%
Exxonmobil Holdings Corp..COM$203,993,333
- Class
- COM
- Share
- 2.0%
Medtronic PLCCOM$202,764,187
- Class
- COM
- Share
- 2.0%
Broadcom Ltd.COM$201,007,911
- Class
- COM
- Share
- 2.0%
Unitedhealth Group Inc..COM$197,639,908
- Class
- COM
- Share
- 1.9%
Vici Properties Inc..COM$185,044,842
- Class
- COM
- Share
- 1.8%
ConocophillipsCOM$181,787,320
- Class
- COM
- Share
- 1.8%
United Parcel Service Inc..COM$178,070,643
- Class
- COM
- Share
- 1.8%
Qualcomm Inc..COM$173,628,926
- Class
- COM
- Share
- 1.7%
Genuine Parts Co.COM$166,470,776
- Class
- COM
- Share
- 1.6%
Altria Group Inc..COM$166,344,577
- Class
- COM
- Share
- 1.6%
Unilever PLC (ADR)ADR$165,051,047
- Class
- ADR
- Share
- 1.6%
The Travelers Companies Inc..COM$158,535,019
- Class
- COM
- Share
- 1.6%
Target Corp..COM$145,821,783
- Class
- COM
- Share
- 1.4%
Chevron Corp..COM$142,485,931
- Class
- COM
- Share
- 1.4%
Lowe's Companies Inc..COM$139,207,337
- Class
- COM
- Share
- 1.4%
British American Tobacco PLC (ADR)ADR$134,367,269
- Class
- ADR
- Share
- 1.3%
Comcast Corp.. (CL A)COM$129,800,768
- Class
- COM
- Share
- 1.3%
Restaurant Brands InternationaCOM$128,349,582
- Class
- COM
- Share
- 1.3%
Becton Dickinson & Co.COM$124,804,866
- Class
- COM
- Share
- 1.2%
AT&T Inc..COM$118,446,958
- Class
- COM
- Share
- 1.2%
Microsoft Corp..COM$109,279,699
- Class
- COM
- Share
- 1.1%
Bce Inc..COM$107,022,922
- Class
- COM
- Share
- 1.1%
Ase Technology Holding Company (ADR)ADR$94,336,348
- Class
- ADR
- Share
- 0.9%
Copa Holdings SACOM$88,871,385
- Class
- COM
- Share
- 0.9%
Taiwan Semiconductor Manufacturing (ADR)ADR$85,856,102
- Class
- ADR
- Share
- 0.8%
Omnicom Group Inc..COM$85,698,415
- Class
- COM
- Share
- 0.8%
Diageo PLC (ADR)ADR$81,851,597
- Class
- ADR
- Share
- 0.8%
Crown Castle Inc..COM$77,727,021
- Class
- COM
- Share
- 0.8%
International Business MachineCOM$71,557,495
- Class
- COM
- Share
- 0.7%
Millicom Intl CellularCOM$71,258,490
- Class
- COM
- Share
- 0.7%
National Grid PLC (ADR)ADR$67,584,488
- Class
- ADR
- Share
- 0.7%
Toyota Motor Corp.. (ADR)ADR$65,906,880
- Class
- ADR
- Share
- 0.6%
Sysco Corp..COM$65,407,670
- Class
- COM
- Share
- 0.6%
The share class is shown on a wider screen.
The 50 largest of 208 positions by value, with holdings of the same security combined. The 200 largest are in this firm's machine-readable record. Share counts and quarter-on-quarter changes for each position are on EDGAR. View the full information table on EDGAR
This filing
- Form
- 13F-HR
- CIK
- 1362535
- File number
- 028-11905
- Options
- 0 call, 0 put
- In the 25 largest
- 57.0%
- Prior quarter
- $9,752,783,439 at 31 March 2026
- Positions opened
- 13
- Positions closed
- 18
Common questions
What are Cullen Capital Management’s 13F holdings worth?
$10,167,805,420 across 208 positions for the quarter ended 30 June 2026.
What is Cullen Capital Management’s largest 13F holding?
Novartis AG (ADR) (ADR) was the largest position at $318,618,100, or 3.1% of reported 13F value, as of 30 June 2026.
How concentrated is Cullen Capital Management’s 13F portfolio?
The ten largest positions accounted for 26.8% of reported value and the twenty-five largest for 57.0%, across 208 positions as of 30 June 2026.
Does Form 13F show everything Cullen Capital Management manages?
No. Form 13F covers only long positions in exchange-traded securities over which the manager has investment discretion, valued at quarter end. It excludes cash, most bonds, private funds, and any assets the firm does not have discretion over, so it is neither the firm's total assets nor any individual client's portfolio.
How often does Cullen Capital Management file its 13F?
Every quarter. Managers file within 45 days of each quarter's end, so the figures are a snapshot that changes between filings. This page shows the quarter ended 30 June 2026.
Answered from this filing and the prior quarter's.