13F HOLDINGS REPORT

CULLEN INVESTMENT GROUP, LTD.

Quarter ended Q4 2025 · Filed January 12, 2026 · Accession 0000797203-26-000001

Total Value

$771.4M

Positions

176

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (176)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	APPLE INCORPORATED	AAPL	195,969	$50.8M	6.59%
2	BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW	BRK-A	100,745	$50.3M	6.52%
3	MICROSOFT CORPORATION	MSFT	83,479	$40.0M	5.19%
4	ALPHABET INCORPORATED CAP STK CLASS C	GOOG	109,845	$36.2M	4.69%
5	WALMART INCORPORATED	WMT	300,619	$34.4M	4.46%
6	JPMORGAN CHASE & COMPANY.	VYLD	97,138	$32.0M	4.15%
7	BROADCOM INCORPORATED	AVGO	69,108	$23.8M	3.09%
8	NVIDIA CORPORATION	NVDA	107,982	$20.0M	2.59%
9	EATON CORPORATION PLC SHS	ETN	59,561	$19.3M	2.51%
10	AMAZON COM INCORPORATED	AMZN	62,056	$15.4M	1.99%
11	EXXON MOBIL CORPORATION	XOM	109,357	$13.6M	1.77%
12	MERCK & COMPANY INCORPORATED	MRK	117,623	$13.0M	1.69%
13	ELI LILLY & COMPANY	LLY	12,048	$12.8M	1.66%
14	DEERE & COMPANY	DE	22,282	$10.9M	1.41%
15	PHILIP MORRIS INTERNATIONAL INCORPORATED	718172109	65,554	$10.7M	1.38%
16	ANALOG DEVICES INCORPORATED	ADI	35,161	$10.6M	1.37%
17	VISA INCORPORATED COM CLASS A	V	29,774	$10.4M	1.35%
18	MEDTRONIC PLC SHS	MDT	104,479	$10.2M	1.32%
19	META PLATFORMS INCORPORATED CLASS A	META	14,303	$9.3M	1.21%
20	JOHNSON CONTROLS INTERNATIONAL PLC SHS	G51502105	82,499	$9.1M	1.19%
21	WELLS FARGO COMPANY NEW	949746101	91,207	$8.8M	1.13%
22	UNION PAC CORPORATION	UNP	37,453	$8.6M	1.11%
23	REALTY INCOME CORPORATION REIT	O	145,978	$8.5M	1.10%
24	CUMMINS INCORPORATED	CMI	15,099	$8.3M	1.08%
25	ENTERPRISE PRODUCTS PARTNERS L P	293792107	257,276	$8.2M	1.07%
26	TRANE TECHNOLOGIES PLC SHS	TT	20,430	$7.8M	1.01%
27	PEPSICO INCORPORATED	PEP	53,680	$7.5M	0.97%
28	SCHWAB CHARLES CORPORATION	SCHW-PJ	74,479	$7.5M	0.97%
29	COMCAST CORP NEW CLASS A	CCZ	249,554	$7.1M	0.92%
30	GENERAL DYNAMICS CORPORATION	GD	19,467	$6.9M	0.89%
31	SOUTHERN COMPANY	SOMN	78,000	$6.8M	0.88%
32	BOOKING HOLDINGS INCORPORATED	BKNG	1,198	$6.6M	0.85%
33	CME GROUP INCORPORATED	CME	24,666	$6.5M	0.84%
34	STARBUCKS CORPORATION	SBUX	70,457	$6.3M	0.81%
35	LOWES COMPANIES INCORPORATED	548661107	23,141	$6.2M	0.80%
36	HOME DEPOT INCORPORATED	HD	16,380	$6.1M	0.80%
37	MOTOROLA SOLUTIONS INCORPORATED COM NEW	MSI	15,865	$6.1M	0.79%
38	GARMIN LIMITED SHS	GRMN	28,121	$6.0M	0.77%
39	CORNING INCORPORATED	GLW	67,476	$5.8M	0.75%
40	CATERPILLAR INCORPORATED	CAT	8,612	$5.3M	0.69%
41	JOHNSON & JOHNSON	JNJ	25,493	$5.2M	0.68%
42	IQVIA HLDGS INCORPORATED	IQV	20,941	$5.1M	0.66%
43	UNILEVER PLC SPON ADR NEW	UNLYF	77,933	$5.0M	0.65%
44	UNITED PARCEL SERVICE INCORPORATED CLASS B	UPS	46,217	$5.0M	0.65%
45	NOVARTIS AG SPONSORED ADR	NVSEF	32,897	$4.7M	0.60%
46	BANK NEW YORK MELLON CORPORATION	064058100	38,730	$4.6M	0.60%
47	BANK AMERICA CORPORATION	060505104	80,011	$4.5M	0.58%
48	DARDEN RESTAURANTS INCORPORATED	DRI	21,423	$4.3M	0.56%
49	VERIZON COMMUNICATIONS INCORPORATED	VZ	101,202	$4.1M	0.53%
50	RAYMOND JAMES FINL INCORPORATED	754730109	24,165	$4.1M	0.53%
51	AMERICAN EXPRESS COMPANY	AXP	10,667	$4.0M	0.52%
52	MCKESSON CORPORATION	MCK	4,670	$3.8M	0.49%
53	BLACKROCK INCORPORATED	BLK	3,420	$3.7M	0.48%
54	BECTON DICKINSON & COMPANY	BDX	18,249	$3.7M	0.48%
55	APPLIED MATLS INCORPORATED	038222105	12,239	$3.7M	0.48%
56	MASTERCARD INCORPORATED CLASS A	MA	6,368	$3.7M	0.48%
57	DISNEY WALT COMPANY	254687106	31,532	$3.7M	0.47%
58	STRYKER CORPORATION	SYK	9,896	$3.6M	0.47%
59	CHEVRON CORPORATION NEW	CVX	21,768	$3.5M	0.46%
60	CONOCOPHILLIPS	COP	35,964	$3.5M	0.45%
61	ALPHABET INCORPORATED CAP STK CLASS A	GOOG	10,257	$3.4M	0.44%
62	PROCTER AND GAMBLE COMPANY	742718109	23,214	$3.3M	0.43%
63	ADVANCED MICRO DEVICES INCORPORATED	AMD	16,172	$3.3M	0.43%
64	MCCORMICK & COMPANY INCORPORATED COM NON VTG	MKC-V	48,506	$3.3M	0.43%
65	SALESFORCE INCORPORATED	CRM	12,437	$3.2M	0.42%
66	PUBLIC SVC ENTERPRISE GRP INCORPORATED	744573106	36,567	$2.9M	0.37%
67	ABBVIE INCORPORATED	ABBV	12,853	$2.8M	0.37%
68	UNITEDHEALTH GROUP INCORPORATED	UNH	8,092	$2.8M	0.36%
69	POOL CORPORATION	POOL	10,359	$2.6M	0.34%
70	ENBRIDGE INCORPORATED	ENNPF	55,501	$2.5M	0.33%
71	AMGEN INCORPORATED	AMGN	7,713	$2.5M	0.33%
72	NATIONAL FUEL GAS COMPANY	NFG	26,266	$2.1M	0.27%
73	HOWMET AEROSPACE INCORPORATED	HWM	9,338	$2.0M	0.26%
74	CANADIAN PACIFIC KANSAS CITY	CP	27,864	$2.0M	0.26%
75	FIDELITY NATL INFORMATION SVCS	31620M106	28,760	$1.9M	0.25%
76	QUALCOMM INCORPORATED	QCOM	10,709	$1.9M	0.25%
77	L3HARRIS TECHNOLOGIES INCORPORATED	LHX	5,569	$1.9M	0.24%
78	RTX CORPORATION	RTX	9,320	$1.8M	0.23%
79	MARATHON PETE CORPORATION	MARA	9,890	$1.7M	0.23%
80	ALLSTATE CORPORATION	ALL-PJ	8,020	$1.7M	0.22%
81	DIAMONDBACK ENERGY INCORPORATED	FANG	11,128	$1.6M	0.21%
82	PROGRESSIVE CORPORATION	743315103	7,463	$1.6M	0.21%
83	GILEAD SCIENCES INCORPORATED	GILD	12,860	$1.6M	0.20%
84	TESLA INCORPORATED	TSLA	3,440	$1.5M	0.20%
85	SUNCOR ENERGY INCORPORATED NEW	SU	31,343	$1.5M	0.19%
86	VEEVA SYSTEMS INCORPORATED CLASS A COM	VEEV	6,088	$1.5M	0.19%
87	OREILLY AUTOMOTIVE INCORPORATED	67103H107	15,465	$1.5M	0.19%
88	GE AEROSPACE COM NEW	369604301	4,452	$1.4M	0.19%
89	KINDER MORGAN INCORPORATED DEL	EP-PC	52,339	$1.4M	0.18%
90	WARNER BROS DISCOVERY INCORPORATED COM SER A	WBD	48,920	$1.4M	0.18%
91	AT&T INCORPORATED	T-PC	58,777	$1.4M	0.18%
92	VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW	922908363	2,152	$1.4M	0.18%
93	PRICE T ROWE GROUP INCORPORATED	TROW	12,663	$1.4M	0.18%
94	INTERNATIONAL BUSINESS MACHINES	INTR	4,384	$1.3M	0.17%
95	ECOLAB INCORPORATED	ECL	4,841	$1.3M	0.17%
96	SHELL PLC SPON ADS	RYDAF	17,594	$1.2M	0.16%
97	REPUBLIC SVCS INCORPORATED	760759100	5,809	$1.2M	0.16%
98	NXP SEMICONDUCTORS N V	NXPI	4,932	$1.2M	0.15%
99	HOME BANCORP INCORPORATED	HBCP	19,826	$1.2M	0.15%
100	ENERGY TRANSFER L P COM UT LTD PTN	ET-PI	67,400	$1.1M	0.15%
101	CSX CORPORATION	CSX	31,841	$1.1M	0.15%
102	ONEOK INCORPORATED NEW	OKE	14,684	$1.1M	0.14%
103	CENCORA INCORPORATED	COR	3,104	$1.0M	0.14%
104	ISHARES TR CORE S&P500 ETF	464287200	1,453	$1.0M	0.13%
105	CREDO TECHNOLOGY GROUP HOLDING ORDINARY SHARES	CRDO	6,503	$978,181	0.13%
106	NATHANS FAMOUS INCORPORATED NEW	NATH	10,531	$955,708	0.12%
107	GREENBRIER COMPANIES INCORPORATED	393657101	19,360	$926,590	0.12%
108	COCA COLA COMPANY	KO	12,933	$911,899	0.12%
109	WEYERHAEUSER COMPANY MTN BE COM NEW REIT	WY	34,809	$895,628	0.12%
110	BLACKSTONE INCORPORATED	BX	5,284	$832,860	0.11%
111	CLEVELAND-CLIFFS INCORPORATED NEW	CLF	62,069	$792,002	0.10%
112	STATE STREET SPDR PORTFOLIO S&P ETF	78464A854	9,500	$775,770	0.10%
113	MONDELEZ INTERNATIONAL INCORPORATED CLASS A	609207105	14,001	$771,339	0.10%
114	CNH INDL N V SHS	N20944109	75,099	$765,259	0.10%
115	EDWARDS LIFESCIENCES CORPORATION	EW	8,740	$744,036	0.10%
116	DEVON ENERGY CORPORATION NEW	25179M103	18,954	$677,801	0.09%
117	I3 VERTICALS INCORPORATED COM CLASS A	IIIV	24,656	$676,561	0.09%
118	SMUCKER J M COMPANY COM NEW	832696405	6,292	$632,889	0.08%
119	RESTAURANT BRANDS INTERNATIONAL INCORPORATED	76131D103	9,016	$622,098	0.08%
120	GE VERNOVA INCORPORATED	GEV	989	$615,739	0.08%
121	ADAM NAT RES FD INCORPORATED	00548F105	27,399	$614,291	0.08%
122	CVS HEALTH CORPORATION	CVS	7,569	$607,814	0.08%
123	MCDONALDS CORPORATION	MCD	1,895	$582,362	0.08%
124	ISHARES TR CORE S&P TTL STK	464287150	3,816	$579,434	0.08%
125	OCCIDENTAL PETE CORPORATION	674599105	13,421	$575,228	0.07%
126	CONRAD INDUSTRIES INCORPORATED	208305102	21,171	$571,410	0.07%
127	FIRST GTY BANCSHARES INCORPORATED	32043P106	74,074	$562,959	0.07%
128	TJX COMPANIES INCORPORATED NEW	872540109	3,561	$561,937	0.07%
129	NESTLE S A SPONSORED ADR	641069406	5,420	$510,303	0.07%
130	ORACLE CORPORATION	ORCL-PD	2,483	$492,943	0.06%
131	PFIZER INCORPORATED	PFE	18,898	$481,521	0.06%
132	FIRST HORIZON CORPORATION	FHN-PH	19,438	$475,643	0.06%
133	IRIDIUM COMMUNICATIONS INCORPORATED	IRDM	24,325	$470,439	0.06%
134	LOCKHEED MARTIN CORPORATION	LMT	856	$464,923	0.06%
135	BOEING COMPANY	BA-PA	1,950	$457,301	0.06%
136	ABBOTT LABS	ABLZF	3,486	$439,001	0.06%
137	HALLIBURTON COMPANY	HAL	13,258	$432,598	0.06%
138	TARGET CORPORATION	TGT	4,007	$422,855	0.05%
139	KEURIG DR PEPPER INCORPORATED	KDP	14,970	$416,009	0.05%
140	SCOTTS MIRACLE-GRO COMPANY CLASS A	SMG	6,512	$402,255	0.05%
141	ICON PLC SHS	ICLR	2,173	$394,139	0.05%
142	WOODWARD INCORPORATED	WWD	1,201	$386,565	0.05%
143	KIMBERLY-CLARK CORPORATION	KMB	3,919	$383,706	0.05%
144	ILLINOIS TOOL WKS INCORPORATED	452308109	1,493	$380,918	0.05%
145	TRINITY INDUSTRIES INCORPORATED	896522109	12,691	$359,409	0.05%
146	EBAY INCORPORATED.	EBAY	3,938	$358,042	0.05%
147	WD 40 COMPANY	WDFC	1,864	$354,121	0.05%
148	TRACTOR SUPPLY COMPANY	TSCO	6,722	$346,269	0.04%
149	XYLEM INCORPORATED	XYL	2,477	$346,068	0.04%
150	MICRON TECHNOLOGY INCORPORATED	MU	1,000	$345,090	0.04%
151	HONEYWELL INTERNATIONAL INCORPORATED	438516106	1,556	$322,631	0.04%
152	ST JOE COMPANY	JOE	5,036	$321,320	0.04%
153	BORGWARNER INCORPORATED	BWA	6,112	$291,382	0.04%
154	SEI INVTS COMPANY	784117103	3,356	$291,176	0.04%
155	THOR INDUSTRIES INCORPORATED	885160101	2,620	$288,234	0.04%
156	NORFOLK SOUTHN CORPORATION	655844108	994	$285,487	0.04%
157	PAYPAL HLDGS INCORPORATED	PYPL	4,921	$283,774	0.04%
158	SHERWIN WILLIAMS COMPANY	SHW	799	$282,369	0.04%
159	INVESCO QQQ TR	IVZ	442	$276,815	0.04%
160	APA CORPORATION	APA	10,870	$273,926	0.04%
161	PARAMOUNT SKYDANCE CORPORATION COM CLASS B	PSKY	22,191	$267,619	0.03%
162	WILLIAMS SONOMA INCORPORATED	WSM	1,250	$248,806	0.03%
163	ATMOS ENERGY CORPORATION	ATO	1,487	$247,985	0.03%
164	COSTCO WHOLESALE CORPORATION NEW	22160K105	263	$243,429	0.03%
165	MADISON SQUARE GARDEN ENTERTAINMENT COM CLASS A	558256103	4,400	$242,044	0.03%
166	EMERSON ELEC COMPANY	EMR	1,618	$233,285	0.03%
167	PHILLIPS 66	PSX	1,635	$232,452	0.03%
168	ATLANTA BRAVES HLDGS INCORPORATED COM SER A	BATRB	5,300	$228,006	0.03%
169	BLACK STONE MINERALS L P COM UNIT	BSMLP	16,392	$225,227	0.03%
170	CANADIAN NATL RY COMPANY	136375102	2,229	$220,524	0.03%
171	YUM BRANDS INCORPORATED	YUM	1,389	$216,066	0.03%
172	LIBERTY LATIN AMERICA LIMITED COM CLASS C	LILAB	30,100	$215,516	0.03%
173	BAKER HUGHES COMPANY CLASS A	BKR	4,254	$212,562	0.03%
174	FEDEX CORPORATION	FDX	650	$202,898	0.03%
175	AIR PRODUCTS & CHEMICALS INCORPORATED	AIIR	762	$201,021	0.03%
176	WENDYS COMPANY	95058W100	22,800	$197,216	0.03%