13F HOLDINGS REPORT

CULLEN INVESTMENT GROUP, LTD.

Quarter ended Q3 2025 · Filed October 7, 2025 · Accession 0000797203-25-000007

Total Value

$756.2M

Positions

175

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (175)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	APPLE INCORPORATED	AAPL	211,496	$54.6M	7.22%
2	BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW	BRK-A	96,718	$48.2M	6.38%
3	MICROSOFT CORPORATION	MSFT	88,237	$45.6M	6.04%
4	WALMART INCORPORATED	WMT	325,234	$33.2M	4.39%
5	JPMORGAN CHASE & COMPANY.	VYLD	101,166	$31.4M	4.15%
6	BROADCOM INCORPORATED	AVGO	84,526	$28.6M	3.78%
7	EATON CORPORATION PLC SHS	ETN	73,402	$27.4M	3.63%
8	ALPHABET INCORPORATED CAP STK CLASS C	GOOG	92,906	$22.9M	3.03%
9	NVIDIA CORPORATION	NVDA	112,582	$21.1M	2.79%
10	AMAZON COM INCORPORATED	AMZN	58,130	$12.8M	1.69%
11	UNION PAC CORPORATION	UNP	53,171	$12.6M	1.66%
12	EXXON MOBIL CORPORATION	XOM	109,399	$12.4M	1.64%
13	MOTOROLA SOLUTIONS INCORPORATED COM NEW	MSI	26,196	$11.9M	1.57%
14	MERCK & COMPANY INCORPORATED	MRK	129,316	$11.5M	1.53%
15	PEPSICO INCORPORATED	PEP	78,299	$11.1M	1.47%
16	TRANE TECHNOLOGIES PLC SHS	TT	26,046	$11.0M	1.46%
17	DEERE & COMPANY	DE	23,189	$10.7M	1.42%
18	ELI LILLY & COMPANY	LLY	12,301	$10.3M	1.37%
19	JOHNSON CONTROLS INTERNATIONAL PLC SHS	G51502105	94,803	$10.3M	1.36%
20	CME GROUP INCORPORATED	CME	38,919	$10.3M	1.36%
21	REALTY INCOME CORPORATION REIT	O	165,842	$10.0M	1.32%
22	VISA INCORPORATED COM CLASS A	V	27,689	$9.7M	1.28%
23	MEDTRONIC PLC SHS	MDT	93,104	$9.1M	1.20%
24	ENTERPRISE PRODUCTS PARTNERS L P	293792107	258,756	$8.2M	1.08%
25	SOUTHERN COMPANY	SOMN	84,166	$8.0M	1.05%
26	VERIZON COMMUNICATIONS INCORPORATED	VZ	182,147	$8.0M	1.05%
27	GARMIN LIMITED SHS	GRMN	29,796	$7.7M	1.01%
28	HOME DEPOT INCORPORATED	HD	18,705	$7.4M	0.98%
29	UNITED PARCEL SERVICE INCORPORATED CLASS B	UPS	82,314	$7.1M	0.94%
30	ANALOG DEVICES INCORPORATED	ADI	28,928	$7.0M	0.93%
31	DARDEN RESTAURANTS INCORPORATED	DRI	35,588	$6.9M	0.91%
32	STARBUCKS CORPORATION	SBUX	77,330	$6.7M	0.88%
33	CUMMINS INCORPORATED	CMI	15,295	$6.6M	0.88%
34	UNITEDHEALTH GROUP INCORPORATED	UNH	18,242	$6.6M	0.87%
35	LOWES COMPANIES INCORPORATED	548661107	23,971	$5.9M	0.78%
36	COMCAST CORPORATION NEW CLASS A	CCZ	190,001	$5.9M	0.78%
37	META PLATFORMS INCORPORATED CLASS A	META	8,234	$5.9M	0.77%
38	PUBLIC SVC ENTERPRISE GRP INCORPORATED	744573106	71,022	$5.8M	0.77%
39	CORNING INCORPORATED	GLW	69,126	$5.8M	0.76%
40	JOHNSON & JOHNSON	JNJ	26,763	$5.0M	0.67%
41	IQVIA HLDGS INCORPORATED	IQV	24,140	$5.0M	0.66%
42	DISNEY WALT COMPANY	254687106	43,598	$4.9M	0.65%
43	FIDELITY NATL INFORMATION SVCS	31620M106	67,950	$4.5M	0.60%
44	CATERPILLAR INCORPORATED	CAT	8,670	$4.3M	0.57%
45	POOL CORPORATION	POOL	13,750	$4.3M	0.56%
46	BLACKROCK INCORPORATED	BLK	3,622	$4.2M	0.56%
47	STRYKER CORPORATION	SYK	11,087	$4.1M	0.54%
48	RAYMOND JAMES FINL INCORPORATED	754730109	24,465	$4.1M	0.54%
49	MASTERCARD INCORPORATED CLASS A	MA	6,651	$3.9M	0.51%
50	ADVANCED MICRO DEVICES INCORPORATED	AMD	23,415	$3.9M	0.51%
51	MCCORMICK & COMPANY INCORPORATED COM NON VTG	MKC-V	54,613	$3.8M	0.50%
52	PROCTER AND GAMBLE COMPANY	742718109	24,660	$3.8M	0.50%
53	AMERICAN EXPRESS COMPANY	AXP	11,198	$3.7M	0.49%
54	SALESFORCE INCORPORATED	CRM	15,375	$3.7M	0.49%
55	CHEVRON CORPORATION NEW	CVX	22,878	$3.5M	0.46%
56	ABBVIE INCORPORATED	ABBV	13,166	$3.1M	0.41%
57	ALLSTATE CORPORATION	ALL-PJ	14,435	$3.0M	0.40%
58	ENBRIDGE INCORPORATED	ENNPF	58,946	$3.0M	0.39%
59	NXP SEMICONDUCTORS N V	NXPI	12,675	$2.9M	0.38%
60	ALPHABET INCORPORATED CAP STK CLASS A	GOOG	10,723	$2.6M	0.35%
61	L3HARRIS TECHNOLOGIES INCORPORATED	LHX	8,337	$2.5M	0.33%
62	VEEVA SYSTEMS INCORPORATED CLASS A COM	VEEV	7,969	$2.4M	0.31%
63	SCHWAB CHARLES CORPORATION	SCHW-PJ	24,923	$2.3M	0.31%
64	NATIONAL FUEL GAS COMPANY	NFG	26,411	$2.3M	0.31%
65	AMGEN INCORPORATED	AMGN	7,708	$2.3M	0.30%
66	CANADIAN PACIFIC KANSAS CITY	CP	28,386	$2.2M	0.29%
67	HOWMET AEROSPACE INCORPORATED	HWM	11,636	$2.2M	0.29%
68	DIAMONDBACK ENERGY INCORPORATED	FANG	14,141	$2.1M	0.28%
69	MARATHON PETE CORPORATION	MARA	9,916	$1.9M	0.25%
70	BANK AMERICA CORPORATION	060505104	37,645	$1.9M	0.25%
71	PROGRESSIVE CORPORATION	743315103	7,411	$1.8M	0.24%
72	QUALCOMM INCORPORATED	QCOM	10,702	$1.8M	0.24%
73	FISERV INCORPORATED	FISV	14,017	$1.8M	0.24%
74	ECOLAB INCORPORATED	ECL	6,224	$1.7M	0.23%
75	EDWARDS LIFESCIENCES CORPORATION	EW	22,234	$1.7M	0.23%
76	SYNOPSYS INCORPORATED	SNPS	3,553	$1.7M	0.22%
77	AT&T INCORPORATED	T-PC	61,199	$1.7M	0.22%
78	OREILLY AUTOMOTIVE INCORPORATED	67103H107	15,465	$1.6M	0.21%
79	RTX CORPORATION	RTX	9,381	$1.6M	0.21%
80	KINDER MORGAN INCORPORATED DEL	EP-PC	52,326	$1.5M	0.20%
81	TESLA INCORPORATED	TSLA	3,440	$1.5M	0.20%
82	GILEAD SCIENCES INCORPORATED	GILD	13,057	$1.5M	0.19%
83	REPUBLIC SVCS INCORPORATED	760759100	6,468	$1.4M	0.19%
84	GENERAL DYNAMICS CORPORATION	GD	4,132	$1.4M	0.19%
85	PRICE T ROWE GROUP INCORPORATED	TROW	13,387	$1.4M	0.18%
86	GE AEROSPACE COM NEW	369604301	4,585	$1.4M	0.18%
87	VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW	922908363	2,195	$1.4M	0.18%
88	CHIPOTLE MEXICAN GRILL INCORPORATED	CMG	31,469	$1.3M	0.17%
89	SHELL PLC SPON ADS	RYDAF	17,886	$1.3M	0.17%
90	SUNCOR ENERGY INCORPORATED NEW	SU	31,411	$1.3M	0.17%
91	INTERNATIONAL BUSINESS MACHINES	INTR	4,473	$1.3M	0.17%
92	NATHANS FAMOUS INCORPORATED NEW	NATH	10,401	$1.2M	0.15%
93	HOME BANCORP INCORPORATED	HBCP	21,049	$1.1M	0.15%
94	CSX CORPORATION	CSX	31,797	$1.1M	0.15%
95	ENERGY TRANSFER L P COM UT LTD PTN	ET-PI	66,100	$1.1M	0.15%
96	ISHARES TR CORE S&P500 ETF	464287200	1,581	$1.1M	0.14%
97	WEYERHAEUSER COMPANY MTN BE COM NEW REIT	WY	42,238	$1.1M	0.14%
98	DEXCOM INCORPORATED	DXCM	15,164	$1.0M	0.13%
99	MONDELEZ INTERNATIONAL INCORPORATED CLASS A	609207105	16,194	$1.0M	0.13%
100	ONEOK INCORPORATED NEW	OKE	13,884	$1.0M	0.13%
101	CENCORA INCORPORATED	COR	3,252	$984,712	0.13%
102	WELLS FARGO COMPANY NEW	949746101	12,098	$975,973	0.13%
103	CREDO TECHNOLOGY GROUP HOLDING ORDINARY SHARES	CRDO	6,602	$949,830	0.13%
104	WARNER BROS DISCOVERY INCORPORATED COM SER A	WBD	49,717	$944,131	0.12%
105	GREENBRIER COMPANIES INCORPORATED	393657101	19,313	$888,989	0.12%
106	COCA COLA COMPANY	KO	13,317	$887,604	0.12%
107	I3 VERTICALS INCORPORATED COM CLASS A	IIIV	26,833	$886,562	0.12%
108	BLACKSTONE INCORPORATED	BX	5,257	$885,571	0.12%
109	CNH INDL N V SHS	N20944109	75,538	$824,120	0.11%
110	CVS HEALTH CORPORATION	CVS	9,747	$755,333	0.10%
111	SMUCKER J M COMPANY COM NEW	832696405	6,499	$703,869	0.09%
112	DEVON ENERGY CORPORATION NEW	25179M103	19,658	$679,372	0.09%
113	CLEVELAND-CLIFFS INCORPORATED NEW	CLF	53,069	$676,632	0.09%
114	OCCIDENTAL PETE CORPORATION	674599105	14,562	$653,087	0.09%
115	FIRST GTY BANCSHARES INCORPORATED	32043P106	73,931	$652,070	0.09%
116	NESTLE S A SPONSORED ADR	641069406	6,709	$624,009	0.08%
117	GE VERNOVA INCORPORATED	GEV	1,045	$621,676	0.08%
118	PFIZER INCORPORATED	PFE	22,556	$617,353	0.08%
119	RESTAURANT BRANDS INTERNATIONAL INCORPORATED	76131D103	8,896	$609,213	0.08%
120	NOVARTIS AG SPONSORED ADR	NVSEF	4,559	$603,599	0.08%
121	MCDONALDS CORPORATION	MCD	1,988	$598,256	0.08%
122	ADAM NAT RES FD INCORPORATED	00548F105	26,945	$582,814	0.08%
123	CONRAD INDUSTRIES INCORPORATED	208305102	21,171	$573,734	0.08%
124	ISHARES TR CORE S&P TTL STK	464287150	3,795	$555,929	0.07%
125	KIMBERLY-CLARK CORPORATION	KMB	4,374	$536,201	0.07%
126	IRIDIUM COMMUNICATIONS INCORPORATED	IRDM	28,472	$534,136	0.07%
127	MCKESSON CORPORATION	MCK	718	$529,702	0.07%
128	TJX COMPANIES INCORPORATED NEW	872540109	3,688	$521,222	0.07%
129	ICON PLC SHS	ICLR	2,681	$519,819	0.07%
130	LAUDER ESTEE COMPANIES INCORPORATED CLASS A	518439104	5,696	$501,349	0.07%
131	ABBOTT LABS	ABLZF	3,689	$496,474	0.07%
132	PARAMOUNT SKYDANCE CORPORATION COM CLASS B	PSKY	24,224	$462,427	0.06%
133	KEURIG DR PEPPER INCORPORATED	KDP	17,750	$458,671	0.06%
134	TARGET CORPORATION	TGT	5,032	$447,965	0.06%
135	CONOCOPHILLIPS	COP	4,726	$444,954	0.06%
136	FIRST HORIZON CORPORATION	FHN-PH	19,346	$436,442	0.06%
137	BOEING COMPANY	BA-PA	2,013	$435,382	0.06%
138	LOCKHEED MARTIN CORPORATION	LMT	854	$431,009	0.06%
139	AIR PRODUCTS & CHEMICALS INCORPORATED	AIIR	1,457	$395,566	0.05%
140	ILLINOIS TOOL WKS INCORPORATED	452308109	1,486	$386,291	0.05%
141	SCOTTS MIRACLE-GRO COMPANY CLASS A	SMG	6,575	$380,148	0.05%
142	PAYPAL HLDGS INCORPORATED	PYPL	5,415	$374,989	0.05%
143	TRACTOR SUPPLY COMPANY	TSCO	6,697	$373,921	0.05%
144	ORACLE CORPORATION	ORCL-PD	1,306	$373,786	0.05%
145	XYLEM INCORPORATED	XYL	2,477	$371,239	0.05%
146	EBAY INCORPORATED.	EBAY	3,935	$362,718	0.05%
147	WD 40 COMPANY	WDFC	1,862	$361,601	0.05%
148	TRINITY INDUSTRIES INCORPORATED	896522109	12,821	$360,018	0.05%
149	WOODWARD INCORPORATED	WWD	1,309	$337,255	0.04%
150	HALLIBURTON COMPANY	HAL	13,745	$334,146	0.04%
151	SEI INVTS COMPANY	784117103	3,884	$332,524	0.04%
152	HONEYWELL INTERNATIONAL INCORPORATED	438516106	1,589	$332,140	0.04%
153	NORFOLK SOUTHN CORPORATION	655844108	1,099	$329,865	0.04%
154	WENDYS COMPANY	95058W100	34,199	$326,603	0.04%
155	BORGWARNER INCORPORATED	BWA	7,158	$320,229	0.04%
156	THOR INDUSTRIES INCORPORATED	885160101	2,609	$284,520	0.04%
157	SHERWIN WILLIAMS COMPANY	SHW	799	$277,030	0.04%
158	APA CORPORATION	APA	11,152	$273,673	0.04%
159	LIBERTY LATIN AMERICA LIMITED COM CLASS C	LILAB	32,100	$270,924	0.04%
160	INVESCO QQQ TR	IVZ	434	$261,622	0.03%
161	ATMOS ENERGY CORPORATION	ATO	1,487	$253,056	0.03%
162	WILLIAMS SONOMA INCORPORATED	WSM	1,246	$248,512	0.03%
163	ST JOE COMPANY	JOE	5,028	$247,695	0.03%
164	COSTCO WHOLESALE CORPORATION NEW	22160K105	263	$240,928	0.03%
165	ATLANTA BRAVES HLDGS INCORPORATED COM SER A	BATRB	5,300	$237,758	0.03%
166	CANADIAN NATL RY COMPANY	136375102	2,462	$237,320	0.03%
167	BANK NEW YORK MELLON CORPORATION	064058100	2,162	$230,510	0.03%
168	YUM BRANDS INCORPORATED	YUM	1,490	$224,574	0.03%
169	EMERSON ELEC COMPANY	EMR	1,618	$218,013	0.03%
170	PHILLIPS 66	PSX	1,630	$216,858	0.03%
171	BLACK STONE MINERALS L P COM UNIT	BSMLP	16,041	$213,988	0.03%
172	MADISON SQUARE GARDEN ENTERTAINMENT COM CLASS A	558256103	4,550	$207,389	0.03%
173	BAKER HUGHES COMPANY CLASS A	BKR	4,234	$205,328	0.03%
174	AUTOMATIC DATA PROCESSING INCORPORATED	ADP	704	$204,990	0.03%
175	NORTHERN DYNASTY MINERALS LIMITED COM NEW	66510M204	14,333	$18,920	0.00%