13F HOLDINGS REPORT
Cullen Capital Management, LLC
Quarter ended Q4 2023 · Filed November 14, 2023 · Accession 0000950123-23-010481
Total Value
$8.57B
Positions
206
Other Managers
0
Confidential Omitted
No
Holdings (206)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Novartis AG (ADR) | NVSEF | 2,714,809 | $276.5M | 3.23% |
| 2 | Exxon Mobil Corp. | XOM | 2,302,938 | $270.8M | 3.16% |
| 3 | JP Morgan Chase & Co. | VYLD | 1,850,403 | $268.3M | 3.13% |
| 4 | Chevron Corp. | CVX | 1,576,646 | $265.9M | 3.10% |
| 5 | Merck & Co. Inc. | MRK | 2,451,727 | $252.4M | 2.95% |
| 6 | Cisco Systems Inc. | CSCO | 4,625,134 | $248.6M | 2.90% |
| 7 | Philip Morris International In | 718172109 | 2,561,534 | $237.1M | 2.77% |
| 8 | Morgan Stanley | MS-PQ | 2,893,433 | $236.3M | 2.76% |
| 9 | Comcast Corp. (Cl A) | CCZ | 5,230,651 | $231.9M | 2.71% |
| 10 | Medtronic PLC | MDT | 2,939,329 | $230.3M | 2.69% |
| 11 | BCE Inc. | BCPPF | 5,950,011 | $227.1M | 2.65% |
| 12 | Duke Energy Corp. | DUKB | 2,559,607 | $225.9M | 2.64% |
| 13 | Unilever PLC (ADR) | UNLYF | 4,466,950 | $220.7M | 2.58% |
| 14 | Chubb Ltd. | CB | 1,056,813 | $220.0M | 2.57% |
| 15 | Johnson & Johnson | JNJ | 1,367,772 | $213.0M | 2.49% |
| 16 | General Dynamics Corp. | GD | 956,052 | $211.3M | 2.47% |
| 17 | Kenvue Inc | KVUE | 10,354,907 | $207.9M | 2.43% |
| 18 | Dow Inc | DOW | 3,960,783 | $204.2M | 2.38% |
| 19 | Vici Properties Inc. | 925652109 | 6,892,339 | $200.6M | 2.34% |
| 20 | Broadcom Ltd. | AVGO | 236,102 | $196.1M | 2.29% |
| 21 | Johnson Controls International | G51502105 | 3,569,324 | $189.9M | 2.22% |
| 22 | RTX Corp | RTX | 2,565,379 | $184.6M | 2.16% |
| 23 | ConocoPhillips | COP | 1,483,373 | $177.7M | 2.07% |
| 24 | Genuine Parts Co. | GPC | 1,193,050 | $172.3M | 2.01% |
| 25 | Healthpeak Properties Inc | DOC | 8,672,029 | $159.2M | 1.86% |
| 26 | Bank of America Corp. | 060505104 | 5,332,163 | $146.0M | 1.70% |
| 27 | NextEra Energy Inc. | NEE-PW | 2,529,571 | $144.9M | 1.69% |
| 28 | Lowe's Companies Inc. | 548661107 | 685,131 | $142.4M | 1.66% |
| 29 | Citigroup Inc. | C-PR | 3,380,800 | $139.1M | 1.62% |
| 30 | Altria Group Inc. | MO | 3,304,910 | $139.0M | 1.62% |
| 31 | Truist Financial Corp | 89832Q109 | 4,832,486 | $138.3M | 1.61% |
| 32 | Pfizer Inc. | PFE | 3,980,702 | $132.0M | 1.54% |
| 33 | United Parcel Service Inc. | UPS | 800,081 | $124.7M | 1.46% |
| 34 | Intel Corp. | INTC | 3,229,629 | $114.8M | 1.34% |
| 35 | The Travelers Companies Inc. | TRV | 666,352 | $108.8M | 1.27% |
| 36 | Target Corp. | TGT | 963,581 | $106.5M | 1.24% |
| 37 | AT&T Inc. | T-PC | 6,958,228 | $104.5M | 1.22% |
| 38 | Microsoft Corp. | MSFT | 307,580 | $97.1M | 1.13% |
| 39 | Diageo PLC (ADR) | DGEAF | 569,147 | $84.9M | 0.99% |
| 40 | EOG Resources Inc. | EOG | 578,229 | $73.3M | 0.86% |
| 41 | Rio Tinto PLC (ADR) | RTNTF | 1,078,599 | $68.6M | 0.80% |
| 42 | Verizon Communications Inc. | VZ | 2,080,736 | $67.4M | 0.79% |
| 43 | PPL Corp. | PPLC | 2,719,700 | $64.1M | 0.75% |
| 44 | Bristol-Myers Squibb Co. | CELG-RI | 1,051,291 | $61.0M | 0.71% |
| 45 | Coca-Cola Femsa SAB de CV (ADR) | COCSF | 744,288 | $58.4M | 0.68% |
| 46 | Conagra Brands Inc. | CAG | 1,946,263 | $53.4M | 0.62% |
| 47 | Qualcomm Inc. | QCOM | 459,944 | $51.1M | 0.60% |
| 48 | Toyota Motor Corp. (ADR) | TOYOF | 280,323 | $50.4M | 0.59% |
| 49 | The Allstate Corp. | ALL-PJ | 451,244 | $50.3M | 0.59% |
| 50 | Coca Cola Euro Pacific Partner | CCEP | 778,497 | $48.6M | 0.57% |
| 51 | Baxter International Inc. | 071813109 | 1,234,199 | $46.6M | 0.54% |
| 52 | TotalEnergies SE (ADR) | TTE | 706,773 | $46.5M | 0.54% |
| 53 | Shell PLC (ADR) | RYDAF | 655,003 | $42.2M | 0.49% |
| 54 | Sanofi (ADR) | SNYNF | 780,600 | $41.9M | 0.49% |
| 55 | British American Tobacco PLC (ADR) | 110448107 | 1,293,565 | $40.6M | 0.47% |
| 56 | Boston Properties Inc. | BXP | 646,396 | $38.4M | 0.45% |
| 57 | Union Pacific Corp. | UNP | 172,653 | $35.2M | 0.41% |
| 58 | Woodside Energy Group Ltd. (ADR) | WOPEF | 1,413,837 | $32.9M | 0.38% |
| 59 | ASE Technology Holding Company | ASX | 4,351,368 | $32.7M | 0.38% |
| 60 | Power Corporation of Canada | 739239101 | 1,251,696 | $31.9M | 0.37% |
| 61 | Crown Castle Inc. | CCI | 330,813 | $30.4M | 0.36% |
| 62 | ICICI Bank Ltd. (ADR) | IBN | 1,244,210 | $28.8M | 0.34% |
| 63 | Taiwan Semiconductor Manufactu | 874039100 | 302,689 | $26.3M | 0.31% |
| 64 | Copa Holdings SA | CPA | 170,534 | $15.2M | 0.18% |
| 65 | iShares MSCI India ETF | 46429B598 | 236,718 | $10.5M | 0.12% |
| 66 | iShares MSCI Taiwan ETF | 46434G772 | 213,179 | $9.5M | 0.11% |
| 67 | iShares MSCI South Korea ETF | 464286772 | 139,694 | $8.2M | 0.10% |
| 68 | Petroleo Brasileiro SA (ADR) | 71654V408 | 539,360 | $8.1M | 0.09% |
| 69 | Energy Transfer LP | ET-PI | 435,619 | $6.1M | 0.07% |
| 70 | Power Corporation of Canada | 739239101 | 183,340 | $4.7M | 0.05% |
| 71 | Mondelez International Inc. | 609207105 | 65,996 | $4.6M | 0.05% |
| 72 | Oracle Corp. | ORCL-PD | 42,892 | $4.5M | 0.05% |
| 73 | Enterprise Products Partners L | 293792107 | 160,055 | $4.4M | 0.05% |
| 74 | Itau Unibanco Holding SA (ADR) | 465562106 | 770,764 | $4.1M | 0.05% |
| 75 | Eaton Corp. PLC | ETN | 18,313 | $3.9M | 0.05% |
| 76 | American Express Co. | AXP | 24,337 | $3.6M | 0.04% |
| 77 | The Cigna Group | 125523100 | 12,518 | $3.6M | 0.04% |
| 78 | Arrow Electronics Inc. | 042735100 | 28,348 | $3.6M | 0.04% |
| 79 | Walmart Inc. | WMT | 21,063 | $3.4M | 0.04% |
| 80 | Honeywell International Inc. | 438516106 | 18,068 | $3.3M | 0.04% |
| 81 | BorgWarner Inc. | BWA | 82,610 | $3.3M | 0.04% |
| 82 | Applied Materials Inc. | 038222105 | 23,358 | $3.2M | 0.04% |
| 83 | The Walt Disney Co. | 254687106 | 32,373 | $2.6M | 0.03% |
| 84 | Axalta Coating Systems Ltd. | AXTA | 97,496 | $2.6M | 0.03% |
| 85 | Canadian National Railway Co. | 136375102 | 24,112 | $2.6M | 0.03% |
| 86 | McDonald's Corp. | MCD | 8,846 | $2.3M | 0.03% |
| 87 | Packaging Corp. of America | 695156109 | 15,038 | $2.3M | 0.03% |
| 88 | BOEING CO/THE | BA-PA | 11,898 | $2.3M | 0.03% |
| 89 | Archer-Daniels-Midland Co. | ADM | 26,777 | $2.0M | 0.02% |
| 90 | The PNC Financial Services Gro | 693475105 | 15,777 | $1.9M | 0.02% |
| 91 | Health Care Select Sector SPDR | 81369Y209 | 14,452 | $1.9M | 0.02% |
| 92 | Sempra | SREA | 26,174 | $1.8M | 0.02% |
| 93 | The Procter & Gamble Co. | 742718109 | 12,170 | $1.8M | 0.02% |
| 94 | Financial Select Sector SPDR F | 81369Y605 | 53,326 | $1.8M | 0.02% |
| 95 | Vale SA (ADR) | VALE | 115,277 | $1.5M | 0.02% |
| 96 | Consumer Staples Select Sector | 81369Y308 | 21,386 | $1.5M | 0.02% |
| 97 | Great Lakes Dredge & Dock Corp | GLDD | 184,050 | $1.5M | 0.02% |
| 98 | Sensata Technologies Holding P | ST | 38,686 | $1.5M | 0.02% |
| 99 | PepsiCo Inc. | PEP | 8,595 | $1.5M | 0.02% |
| 100 | Communication Services Select | 81369Y852 | 20,971 | $1.4M | 0.02% |
| 101 | The JM Smucker Co. | 832696405 | 10,494 | $1.3M | 0.02% |
| 102 | Sociedad Quimica y Minera de C | 833635105 | 21,208 | $1.3M | 0.01% |
| 103 | SK Telecom Company Ltd. (ADR) | SKM | 55,936 | $1.2M | 0.01% |
| 104 | Real Estate Select Sector SPDR | 81369Y860 | 35,187 | $1.2M | 0.01% |
| 105 | Apple Inc. | AAPL | 5,640 | $965,624 | 0.01% |
| 106 | Ralph Lauren Corp. | RL | 8,217 | $953,912 | 0.01% |
| 107 | Coterra Energy Inc. | CTRA | 35,122 | $950,050 | 0.01% |
| 108 | Select Water Solutions Inc. | WTTR | 116,918 | $929,498 | 0.01% |
| 109 | CSX Corp. | CSX | 28,985 | $891,289 | 0.01% |
| 110 | Kimberly-Clark Corp. | KMB | 7,286 | $880,513 | 0.01% |
| 111 | DuPont De Nemours Inc. | DD | 11,778 | $878,521 | 0.01% |
| 112 | Sitio Royalties Corp | 82983N108 | 34,652 | $838,925 | 0.01% |
| 113 | Denny's Corp. | 24869P104 | 98,792 | $836,768 | 0.01% |
| 114 | First Interstate Bancsystem In | 32055Y201 | 33,087 | $825,190 | 0.01% |
| 115 | Warner Brothers Discovery Inc. | WBD | 75,896 | $824,231 | 0.01% |
| 116 | Ameris Bancorp | ABCB | 20,893 | $802,082 | 0.01% |
| 117 | Utilities Select Sector SPDR F | 81369Y886 | 13,577 | $800,093 | 0.01% |
| 118 | International Business Machine | INTR | 5,648 | $792,414 | 0.01% |
| 119 | 3M Co. | MMM | 8,008 | $749,664 | 0.01% |
| 120 | Credicorp Ltd. | BAP | 5,735 | $733,908 | 0.01% |
| 121 | Forrester Research Inc. | 346563109 | 25,323 | $731,835 | 0.01% |
| 122 | General Electric Co. | 369604301 | 6,551 | $724,213 | 0.01% |
| 123 | Industrial Select Sector SPDR | 81369Y704 | 7,046 | $714,323 | 0.01% |
| 124 | Simon Property Group Inc. | 828806109 | 6,458 | $697,658 | 0.01% |
| 125 | Civitas Resources Inc. | 17888H103 | 8,121 | $656,745 | 0.01% |
| 126 | Haemonetics Corp. | HAE | 7,122 | $637,989 | 0.01% |
| 127 | Western Alliance Bancorp | WAL-PA | 13,660 | $627,950 | 0.01% |
| 128 | Huntsman Corp. | HUN | 25,605 | $624,762 | 0.01% |
| 129 | The Timken Co. | TKR | 8,487 | $623,710 | 0.01% |
| 130 | Public Service Enterprise Grou | 744573106 | 10,948 | $623,051 | 0.01% |
| 131 | Simons First National Corp. | 828730200 | 34,951 | $592,769 | 0.01% |
| 132 | Ecovyst Inc | ECVT | 57,859 | $569,333 | 0.01% |
| 133 | Spirit AeroSystems Holdings In | 848574109 | 34,182 | $551,697 | 0.01% |
| 134 | Spire Inc. | SRJN | 9,214 | $521,328 | 0.01% |
| 135 | Vector Group Ltd. | 92240M108 | 48,969 | $521,030 | 0.01% |
| 136 | Amgen Inc. | AMGN | 1,896 | $509,569 | 0.01% |
| 137 | Silicon Motion Technology Corp | SIMO | 9,829 | $503,736 | 0.01% |
| 138 | Varex Imaging Corp. | VREX | 26,746 | $502,557 | 0.01% |
| 139 | Carter's Inc. | CRI | 7,237 | $500,439 | 0.01% |
| 140 | Public Storage | PSA-PS | 1,891 | $498,316 | 0.01% |
| 141 | AbbVie Inc. | ABBV | 3,240 | $482,954 | 0.01% |
| 142 | Seagate Technology Holdings PL | SE | 7,311 | $482,160 | 0.01% |
| 143 | The Coca-Cola Co. | KO | 8,569 | $479,693 | 0.01% |
| 144 | Weyerhaeuser Co. | WY | 14,917 | $457,355 | 0.01% |
| 145 | Under Armour Inc. (class C) | UA | 71,484 | $456,068 | 0.01% |
| 146 | Douglas Elliman Inc. | DOUG | 200,513 | $453,159 | 0.01% |
| 147 | Viper Energy Partners LP | VNOM | 16,185 | $451,238 | 0.01% |
| 148 | The Western Union Co. | WU | 34,170 | $450,361 | 0.01% |
| 149 | Standard Motor Products Inc. | 853666105 | 13,274 | $446,272 | 0.01% |
| 150 | LendingTree Inc. | TREE | 28,683 | $444,587 | 0.01% |
| 151 | Canadian Pacific Kansas City L | CP | 5,917 | $440,284 | 0.01% |
| 152 | American Water Works Company I | 030420103 | 3,538 | $438,111 | 0.01% |
| 153 | BGSF Inc. | BGSF | 41,857 | $402,246 | 0.00% |
| 154 | SouthState Corp. | SSB | 5,823 | $392,207 | 0.00% |
| 155 | iShares MSCI EAFE ETF | 464287465 | 5,607 | $386,434 | 0.00% |
| 156 | iShares MSCI ACWI ex US ETF | 464288240 | 8,210 | $385,952 | 0.00% |
| 157 | Dominion Energy Inc. | D | 8,518 | $380,499 | 0.00% |
| 158 | Linde PLC | LIN | 1,000 | $372,350 | 0.00% |
| 159 | Royal Bank of Canada | 780087102 | 4,247 | $371,358 | 0.00% |
| 160 | Blackstone Inc | BX | 3,436 | $368,133 | 0.00% |
| 161 | Companhia de Saneamento Basico | SBS | 29,916 | $362,582 | 0.00% |
| 162 | ANI Pharmaceuticals Inc. | ANIP | 6,113 | $354,921 | 0.00% |
| 163 | Premier Financial Corp | 74052F108 | 20,796 | $354,780 | 0.00% |
| 164 | Essential Utilites Inc. | 29670G102 | 10,318 | $354,217 | 0.00% |
| 165 | Host Hotels & Resorts Inc. | HST | 21,652 | $347,948 | 0.00% |
| 166 | Unisys Corp. | UIS | 100,502 | $346,732 | 0.00% |
| 167 | WP Carey Inc. | 92936U109 | 5,723 | $309,500 | 0.00% |
| 168 | Carrier Global Corporation | CARR | 5,588 | $308,458 | 0.00% |
| 169 | Steven Madden Ltd. | 556269108 | 9,608 | $305,246 | 0.00% |
| 170 | Rayonier Inc. | RYN | 10,713 | $304,892 | 0.00% |
| 171 | Phinia Inc. | PHIN | 11,356 | $304,227 | 0.00% |
| 172 | Granite Real Estate Investment | 387437114 | 5,598 | $297,065 | 0.00% |
| 173 | Xylem Inc. | XYL | 3,226 | $293,663 | 0.00% |
| 174 | Masco Corp. | MAS | 5,280 | $282,216 | 0.00% |
| 175 | Zurn Elkay Water Solutions Cor | 98983L108 | 9,975 | $279,500 | 0.00% |
| 176 | HF Sinclair Corp. | DINO | 4,898 | $278,843 | 0.00% |
| 177 | Ecolab Inc. | ECL | 1,632 | $276,461 | 0.00% |
| 178 | Consolidated Water Company Ltd | CWCO | 9,682 | $275,356 | 0.00% |
| 179 | American States Water Co. | 029899101 | 3,499 | $275,301 | 0.00% |
| 180 | Helmerich & Payne Inc. | HP | 6,457 | $272,227 | 0.00% |
| 181 | VanEck Vietnam ETF | 92189F817 | 19,788 | $267,930 | 0.00% |
| 182 | First Horizon Corp. | FHN-PH | 23,943 | $263,852 | 0.00% |
| 183 | Cabot Corp. | CBT | 3,698 | $256,160 | 0.00% |
| 184 | Valmont Industries Inc. | 920253101 | 1,045 | $251,019 | 0.00% |
| 185 | The York Water Co. | 987184108 | 6,676 | $250,283 | 0.00% |
| 186 | California Water Service Group | 130788102 | 5,260 | $248,851 | 0.00% |
| 187 | Enbridge Inc. | ENNPF | 7,436 | $246,801 | 0.00% |
| 188 | Pentair PLC | PNR | 3,806 | $246,439 | 0.00% |
| 189 | Caterpillar Inc. | CAT | 900 | $245,700 | 0.00% |
| 190 | The Wendy's Co. | 95058W100 | 11,900 | $242,879 | 0.00% |
| 191 | PotlatchDeltic Corp | 737630103 | 5,346 | $242,655 | 0.00% |
| 192 | Columbia Sportswear Co. | COLM | 3,262 | $241,714 | 0.00% |
| 193 | Hudson Pacific Properties, Inc | 444097109 | 34,632 | $230,303 | 0.00% |
| 194 | Prologis Inc. | PLDGP | 2,009 | $225,430 | 0.00% |
| 195 | PAX Global Technology Ltd. | G6955J103 | 306,300 | $216,305 | 0.00% |
| 196 | Pool Corp. | POOL | 603 | $214,728 | 0.00% |
| 197 | Lindsay Corp. | LNN | 1,822 | $214,413 | 0.00% |
| 198 | Otis Worldwide Corp. | OTIS | 2,646 | $212,500 | 0.00% |
| 199 | Global Water Resources Inc. | 379463102 | 21,115 | $205,871 | 0.00% |
| 200 | Artesian Resources Corp. | ARTNB | 4,812 | $202,056 | 0.00% |
| 201 | Suzano SA (ADR) | SUZ | 16,465 | $176,999 | 0.00% |
| 202 | Latham Group Inc. | SWIM | 50,568 | $141,590 | 0.00% |
| 203 | Comtech Telecommunications Cor | 205826209 | 14,474 | $126,648 | 0.00% |
| 204 | Federated Hermes Government Obligations Fund | FHI | 88,766 | $88,766 | 0.00% |
| 205 | Banco ABC Brasil SA | P0763M135 | 12,600 | $49,912 | 0.00% |
| 206 | Companhia Energetica de Minas | 204409601 | 14,700 | $35,574 | 0.00% |