13F

Investor

Cullen Capital Management, LLC

CIK 0001362535 · filed 2026-05-15 · SEC filing

13F book

$9.75B

Positions

213

19 new · 31 sold

Largest name

3.2%

Novartis Ag

Est. mark

$321.5M

Price effect on 194 names still held. Flow $274.9M.
NameTickerSharesValueWeightEst. markChange
Novartis Ag2.04M$311.3M3.2%$30.3MCut$24.4M
Cisco Sys Inc3.65M$282.9M2.9%$2.04MCut−$4.65M
Johnson & JohnsonJNJ1.11M$272.5M2.8%$41.8MCut$32.7M
Exxon Mobil Corp1.5M$254.4M2.6%$74MCut$50.7M
Bank America Corp5.16M$251.8M2.6%−$32.3MCut−$32.6M
Duke Energy Corp New1.92M$251.6M2.6%$26.2MAdded$28.1M
Citigroup Inc2.22M$251.6M2.6%−$7.28MCut−$17.1M
Merck & Co., Inc.MRK2.07M$249.4M2.6%$31.2MCut$8.25M
Jpmorgan Chase & Co.808.6K$237.9M2.4%−$22.7MCut−$33.4M
Morgan Stanley1.43M$235.9M2.4%−$18.6MCut−$31.2M
ConocophillipsCOP1.79M$235.7M2.4%$68.5MCut$56.4M
General Dynamics CorpGD673.2K$231.1M2.4%$4.42MCut−$2.99M
Medtronic PlcMDT2.63M$228M2.3%−$23.5MAdded−$11.7M
Nextera Energy Inc2.43M$225.4M2.3%$30.6MCut$28M
RTX CorpRTX1.15M$222.2M2.3%$10.9MCut$3.95M
Johnson Ctls Intl Plc1.69M$221.4M2.3%$18.9MCut$14.4M
Chubb Limited674K$219.7M2.3%$9.31MCut$6.91M
Comcast Corp New7.15M$205.3M2.1%−$4.91MAdded$80.9M
Truist Finl Corp4.45M$204.8M2.1%−$14.1MAdded−$9.13M
Philip Morris Intl Inc1.19M$196.3M2.0%$5.86MCut$5.15M
Vici Pptys Inc6.79M$185.5M1.9%−$4.55MAdded$25.5M
Chevron Corp NewCVX876.1K$181.3M1.9%$47.4MAdded$48.5M
Healthpeak Properties, Inc.DOC11M$180.6M1.9%$3.24MAdded$31.9M
At&T Inc5.71M$165.7M1.7%$23.7MAdded$23.7M
Genuine Parts CoGPC1.56M$165.5M1.7%−$23MAdded$1.11M
Broadcom Inc.AVGO533.7K$165.2M1.7%−$19.4MAdded−$18.7M
United Parcel Service IncUPS1.62M$159.7M1.6%−$876KAdded$52.4M
Altria Group, Inc.MO2.37M$156.7M1.6%$19.5MAdded$21.9M
Unilever Plc2.65M$150.8M1.5%−$18.4MAdded$7.82M
Bce Inc5.97M$150.6M1.5%$8.09MAdded$15M
Lowes Cos Inc614.7K$145.2M1.5%−$2.97MAdded−$1.34M
Travelers Companies, Inc.TRV482.7K$140.8M1.4%$781.7KCut−$3.42M
Target CorpTGT1.13M$137.5M1.4%$21.7MAdded$47M
Unitedhealth Group IncUNH472.7K$127.9M1.3%−$19.8MAdded$18M
Qualcomm Inc897.2K$115.5M1.2%−$36.5MAdded−$32.1M
Becton Dickinson & CoBDX729.2K$114.6M1.2%−$25.7MAdded−$20.8M
Dow Inc.DOW2.56M$106.8M1.1%$41.2MAdded$54M
Crown Castle Inc.CCI1.19M$96.6M1.0%−$8.06MAdded$1.86M
Omnicom Group Inc.OMC1.16M$87.7M0.9%−$5.88MAdded$423.9K
Ase Technology Hldg Co Ltd4.01M$87M0.9%$22.4MCut−$3.31M
Restaurant Brands Intl Inc1.11M$81.7M0.8%New
British Amern Tob Plc1.34M$78.6M0.8%$2.47MAdded$2.98M
Pfizer IncPFE2.69M$75.6M0.8%$6.67MAdded$23.4M
Microsoft CorpMSFT201.6K$74.6M0.8%−$22.9MCut−$23.5M
Diageo Plc964.2K$71.8M0.7%−$7.69MAdded$15.7M
Eog Res Inc487.7K$70.5M0.7%$17.9MAdded$22.9M
Bristol-Myers Squibb Co1.12M$67.9M0.7%$7.51MCut$4.44M
National Grid Plc794.2K$67.2M0.7%$5.52MAdded$8.25M
Taiwan Semiconductor Mfg Ltd191.6K$64.8M0.7%$6.53MCut−$7.51M
Toyota Motor Corp312.6K$64.4M0.7%−$1.88MAdded$13.8M
Millicom Intl Cellular S A827.7K$62M0.6%$12.8MAdded$25.6M
Rio Tinto Plc656.9K$61.3M0.6%$6.62MAdded$21.4M
Enbridge Inc1.12M$60.8M0.6%$6.71MAdded$9.9M
Ppl Corp1.54M$58.9M0.6%$4.8MAdded$6.03M
Petroleo Brasileiro Sa Petro2.81M$58.3M0.6%$20.2MAdded$31.4M
Totalenergies SeTTE640.1K$58.2M0.6%$5.09MAdded$45.2M
Spdr Series Trust577.1K$52.9M0.5%$2.93KAdded$51.9M
Smurfit Westrock PlcSW1.25M$49.6M0.5%$1.09MAdded$13.9M
Honeywell Intl Inc213.5K$48.3M0.5%$559.2KAdded$44.7M
Copa Holdings Sa413.3K$47M0.5%−$1.14MAdded$27.2M
Keurig Dr Pepper Inc.KDP1.76M$46.5M0.5%−$2.48MAdded$5.03M
First Horizon Corporation1.96M$44.7M0.5%−$2.24MCut−$3.81M
Sysco CorpSYY606.8K$43.3M0.4%−$1.43MCut−$2.35M
American Intl Group Inc570.5K$42.9M0.4%−$5.09MAdded$646K
Power Corp Cda868.3K$41.7M0.4%New
Coca-Cola Femsa Sab De Cv423.1K$41.3M0.4%$1.2MCut$1.15M
Ppg Inds Inc383.4K$41M0.4%$1.69MCut$1.41M
International Business Machs168.8K$40.9M0.4%−$8.32MAdded−$4.87M
Verizon Communications IncVZ804.5K$40.4M0.4%$7.62MCut−$11M
Pnc Finl Svcs Group Inc181.2K$37.7M0.4%−$115.9KCut−$16.5M
Union Pac Corp151.9K$36.8M0.4%$1.72MCut$840K
Icici Bank Limited1.29M$33.4M0.3%−$5.03MCut−$18.6M
Coca-Cola Europacific Partne364.5K$33.1M0.3%−$10.9KCut−$11.5M
Orix Corp1.08M$32.4M0.3%New
Novo-Nordisk A S792.4K$29.1M0.3%−$7.74MAdded$1.26M
Sanofi Sa593.3K$28.6M0.3%−$101KAdded$11.1M
Ishares Inc226.6K$27.9M0.3%$5.85MCut$1.7M
Shell Plc299K$27.8M0.3%$5.84MCut−$7.49M
Ishares Inc155.5K$11M0.1%$1.15MAdded$1.18M
Kb Finl Group Inc106.8K$10.6M0.1%$1.46MCut$1.12M
Centrais Elet Bras Sa734.1K$8.28M0.1%$700.1KAdded$5.26M
Itau Unibanco Hldg S A878.7K$7.36M0.1%$836.8KAdded$2.45M
Applied Matls Inc18.9K$6.45M0.1%$1.6MCut$1.28M
Ishares Tr78.7K$5.85M0.1%$231.2KCut−$9.71M
Kt CorpKT262.9K$5.64M0.1%$28.6KAdded$5.42M
Eaton Corp PlcETN14.5K$5.19M0.1%$560.1KAdded$637K
Walmart Inc.WMT41.5K$5.16M0.1%$533.6KCut$478.4K
BorgWarner IncBWA90.2K$4.9M0.1%$817.1KAdded$893.7K
Wisdomtree Tr114.1K$4.66M0.0%−$488.4KAdded$539.3K
American Express CoAXP14.5K$4.38M0.0%−$977KCut−$1.9M
Energy Transfer L P209.9K$4.05M0.0%$377.2KAdded$1.84M
Cigna GroupCI14.5K$3.87M0.0%−$118KAdded$38.1K
Enterprise Prods Partners L99.8K$3.78M0.0%$452KAdded$1.27M
Disney Walt Co38.9K$3.75M0.0%−$651.3KAdded−$508.9K
Allstate Corp17.1K$3.55M0.0%−$13.9KCut−$108.8K
Mondelez Intl Inc58.7K$3.38M0.0%$213.9KAdded$362.9K
Ishares Inc83.4K$3.32M0.0%New
Arrow Electrs Inc21.3K$3.06M0.0%$709.3KCut$653.9K
Oracle Corp20.4K$3.01M0.0%−$976.7KCut−$1.17M
Axalta Coating Sys Ltd98.2K$2.72M0.0%−$452.6KCut−$453K
Sempra27.4K$2.67M0.0%$217.1KAdded$506.5K
Packaging Corp Amer11.8K$2.5M0.0%$70.7KCut$6.15K
Raymond James Finl Inc16.9K$2.44M0.0%−$209.9KAdded$308.8K
Smucker J M Co23K$2.22M0.0%−$21KAdded$720K
Ishares Tr10K$2.14M0.0%$33.4KCut−$4.29M
Canadian Natl Ry Co19.1K$1.96M0.0%$72.6KAdded$128.7K
Alphabet Inc6.64K$1.91M0.0%−$147.1KAdded$100.5K
Csx CorpCSX46.1K$1.89M0.0%$220.1KAdded$228.6K
Simon Ppty Group Inc New9.82K$1.83M0.0%$13.1KAdded$119.6K
Select Sector Spdr Tr44K$1.79M0.0%$21.1KCut−$31.1M
Micron Technology IncMU4.9K$1.65M0.0%$256.7KCut$87.5K
Archer-Daniels-Midland CoADM21.9K$1.59M0.0%$332.6KCut$296K
Laureate Education, Inc.LAUR44.9K$1.57M0.0%$52.6KCut−$4.72M
Boeing Co7.67K$1.53M0.0%−$138.8KCut−$174.6K
Mcdonalds CorpMCD4.37K$1.36M0.0%$22.5KCut−$674.6K
Ishares Tr28.4K$1.33M0.0%−$204.7KCut−$850.2K
Ishares Tr20.7K$1.18M0.0%$43.1KCut−$9.06M
Zoetis Inc.ZTS9.41K$1.11M0.0%New
Adobe Inc.ADBE4.46K$1.08M0.0%−$474.1KAdded−$468.8K
Essential Utils Inc26.9K$1.08M0.0%$48.1KAdded$116.6K
Select Sector Spdr Tr7.38K$1.08M0.0%−$60.4KCut−$13.5M
DuPont de Nemours, Inc.DD23.3K$1.07M0.0%$129.8KAdded$134.7K
Fidelity Natl Information Sv22.7K$1.06M0.0%−$433.4KAdded−$410.1K
Sensata Technologies Hldg Pl29.9K$1.05M0.0%$57.8KCut$51.3K
Xylem Inc.XYL8.78K$1.05M0.0%−$94.3KAdded$279.1K
Clorox Co Del10K$1.04M0.0%New
Avient CorpAVNT28K$1.01M0.0%$131.8KAdded$201.5K
Pepsico IncPEP6.22K$966.5K0.0%$73.3KCut−$192.3K
Select Sector Spdr Tr11.7K$959.4K0.0%$50.3KCut−$34.9M
Ishares Tr13.8K$945.3K0.0%$18.5KCut−$11.6M
Wp Carey Inc13.8K$939K0.0%$49.7KCut$47.8K
Veralto CorpVLTO10.6K$933.3K0.0%−$87.9KAdded$161.4K
Companhia De Saneamento Basi28.5K$870.9K0.0%$190.1KCut−$115.3K
MARRIOTT VACATIONS WORLDWIDE CorpVAC13.2K$861.3K0.0%$97.2KAdded$106.4K
Centrais Elet Bras Sa78.7K$859.8K0.0%$181.1KCut$144.4K
Lendingtree Inc NewTREE19.9K$855.1K0.0%−$203.6KCut−$452.9K
PENTAIR plcPNR9.74K$848.1K0.0%−$111.9KAdded$163.8K
Select Sector Spdr Tr7.47K$813.9K0.0%−$77.9KCut−$2.66M
Select Sector Spdr Tr4.93K$798.1K0.0%$32.6KCut−$36.1M
Select Sector Spdr Tr5.61K$745K0.0%−$23.6KAdded$437.8K
Amer States Wtr Co9.79K$740.4K0.0%$24.9KAdded$164.7K
American Wtr Wks Co Inc New5.34K$726.2K0.0%$25.1KAdded$139.3K
Public Svc Enterprise Grp In8.95K$724.3K0.0%$5.82KHeld
Ameris BancorpABCB9.25K$721.5K0.0%$34.4KCut$20.3K
M/I Homes, Inc.MHO5.89K$721.1K0.0%−$32.4KCut−$40.8K
Douglas Elliman Inc.DOUG413.2K$677.7K0.0%−$301.7KCut−$479.5K
Coca Cola CoKO8.88K$675.2K0.0%$54.5KCut−$53.8K
H2o AmericaHTO11.5K$672.2K0.0%$71.1KAdded$312.6K
Apple Inc.AAPL2.64K$670K0.0%−$47.7KCut−$673K
Pool CorpPOOL3.24K$654.7K0.0%−$52.9KAdded$197K
Select Sector Spdr Tr5.88K$651.6K0.0%−$40.3KCut−$57.1M
Core & Main, Inc.CNM12.9K$637.6K0.0%−$32.3KAdded−$15.1K
Wesbanco Inc18.4K$634.3K0.0%$23KCut−$110.5K
First Intst Bancsystem Inc18.4K$614.3K0.0%−$22.1KCut−$33.2K
Stantec IncSTN6.98K$603.1K0.0%−$26.2KAdded$292.4K
Tetra Tech Inc New19.8K$597.5K0.0%−$49.4KAdded$113.4K
California Wtr Svc Group13.1K$593K0.0%$14.3KAdded$284.3K
Advanced Drain Sys Inc Del4.27K$585.3K0.0%−$30.8KAdded$5.66K
Latham Group, Inc.SWIM107.4K$576.7K0.0%−$102.2KAdded−$85.6K
Southstate Bk Corp6.11K$565.1K0.0%−$9.75KCut−$54.1K
Select Water Solutions, Inc.WTTR34.7K$530.3K0.0%$165.7KCut−$88.5K
Cousins Pptys Inc23.4K$527K0.0%−$75KCut−$314.6K
Procter And Gamble CoPG3.56K$513.6K0.0%$4.02KCut−$794.9K
Huntsman CorpHUN38.3K$509.3K0.0%$67KAdded$307K
Quaker Houghton4.09K$508K0.0%−$53.5KCut−$128.3K
Coterra Energy Inc14.4K$507.5K0.0%$127.4KCut$36.4K
MasterBrand, Inc.MBC60.5K$502.4K0.0%−$135.2KAdded−$44.4K
Pennymac Finl Svcs Inc New5.74K$501.9K0.0%−$86.1KAdded$246.6K
Simmons 1st Natl Corp25.6K$497.9K0.0%$15.4KCut−$73.7K
Great Lakes Dredge & Dock Co29K$492.4K0.0%$112.4KCut−$487.4K
Barrett Business Svcs Inc15.5K$452.6K0.0%New
Portland Gen Elec Co7.67K$404.9K0.0%$36.7KCut−$86.4K
Belden Inc.BDC3.52K$403.7K0.0%New
Prologis Inc.2.92K$386K0.0%$13.2KHeld
Canadian Pacific Kansas City4.9K$385.7K0.0%$24.7KHeld
Ishares Tr5.43K$385.3K0.0%−$5.76KCut−$87.1K
loanDepot, Inc.LDI265.6K$377.2K0.0%−$172.6KCut−$374.9K
Power Solutions Intl Inc6.09K$370.8K0.0%New
York Wtr Co11.8K$359.5K0.0%−$15.1KAdded$13.5K
Select Sector Spdr Tr7.22K$356.6K0.0%−$39KCut−$3.57M
Weyerhaeuser Co Mtn BeWY14.3K$349.8K0.0%$10.6KCut$8.7K
Solstice Advanced Matls Inc4.52K$343.9K0.0%$124.6KHeld
Cvs Health CorpCVS4.75K$340.8K0.0%−$35.8KHeld
Viper Energy, Inc.VNOM7.1K$333.8K0.0%$59.4KCut−$51.6K
Dominion Energy, IncD5.36K$331.1K0.0%$17.3KCut$3K
Consolidated Water Co. Ltd.CWCO9.97K$330.2K0.0%−$21.6KCut−$112.3K
Enterprise Finl Svcs Corp6.02K$325.6K0.0%$662Cut−$35.2K
Ishares Tr9.11K$323.5K0.0%New
Badger Meter IncBMI2.09K$318.7K0.0%New
AbbVie Inc.ABBV1.44K$312.5K0.0%−$15.8KCut−$143.8K
Fortune Brands Innovations I7.88K$306.9K0.0%New
Waters Corp1.02K$303.8K0.0%New
Highwoods Pptys Inc13.7K$292.5K0.0%−$60.2KCut−$166.6K
Malibu Boats, Inc.MBUU11.1K$288.4K0.0%−$25.5KCut−$29.9K
Smith A O CorpAOS4.36K$287.6K0.0%−$4.1KCut−$38.4K
Sanfilippo John B & Son IncJBSS3.56K$282.8K0.0%$31.1KCut$27K
Artesian Res Corp8.83K$281.2K0.0%$1.96KAdded$23.1K
Middlesex Wtr Co5.24K$272.9K0.0%$8.24KAdded$18.2K
Ecolab Inc.ECL967$257.2K0.0%$3.35KAdded$6.27K
Valmont Inds Inc643$256.9K0.0%−$1.77KCut−$261.3K
SM Energy CoSM8.21K$255.9K0.0%New
Global Wtr Res Inc33.5K$254.4K0.0%−$20.8KAdded$49.8K
Newmark Group, Inc.NMRK16.9K$253.9K0.0%−$39.8KCut−$44.5K
Spdr Dow Jones Indl Average520$240.9K0.0%New
Carters IncCRI6.44K$230.2K0.0%$21.4KCut$18.9K
Northrop Grumman Corp334$227.9K0.0%New
Varex Imaging CorpVREX21.1K$224.1K0.0%−$22KCut−$26K
Agree Rlty Corp2.95K$222.4K0.0%$9.88KHeld
Rayonier IncRYN10.8K$222.2K0.0%New
Lindsay CorpLNN1.85K$220K0.0%$2.06KAdded$17.3K
Essential Pptys Rlty Tr Inc7.12K$216.2K0.0%$4.98KHeld
Suzano S.A.SUZ21.4K$214.6K0.0%New
Nokia Corp12.1K$97K0.0%New

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.