13F HOLDINGS REPORT
CULLINAN ASSOCIATES INC
Quarter ended Q4 2024 · Filed January 24, 2025 · Accession 0001161670-25-000001
Total Value
$1.56B
Positions
217
Other Managers
0
Confidential Omitted
No
Holdings (217)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Apple Inc | AAPL | 656,812 | $164.5M | 10.56% |
| 2 | Coca-Cola Company | KO | 1,371,065 | $85.4M | 5.48% |
| 3 | Coinbase Global Inc. | COIN | 302,725 | $75.2M | 4.82% |
| 4 | Microsoft Corp | MSFT | 175,128 | $73.8M | 4.74% |
| 5 | Wal-Mart Stores Inc | WMT | 796,400 | $72.0M | 4.62% |
| 6 | S&P Global Inc. | SPGI | 125,945 | $62.7M | 4.03% |
| 7 | Procter & Gamble Co | 742718109 | 262,014 | $43.9M | 2.82% |
| 8 | SPDR S&P 500 Trust | SPY | 66,589 | $39.0M | 2.51% |
| 9 | Amazon | AMZN | 134,844 | $29.6M | 1.90% |
| 10 | Exxon Mobil | XOM | 260,590 | $28.0M | 1.80% |
| 11 | Johnson & Johnson | JNJ | 193,458 | $28.0M | 1.80% |
| 12 | Intl Business Machines Corp | INTR | 122,755 | $27.0M | 1.73% |
| 13 | Alphabet Class A | GOOG | 137,422 | $26.0M | 1.67% |
| 14 | Alphabet Class C | GOOG | 115,861 | $22.1M | 1.42% |
| 15 | Visa Inc Cl A | V | 68,314 | $21.6M | 1.39% |
| 16 | Vertex Pharmaceutical | VRTX | 53,162 | $21.4M | 1.37% |
| 17 | Lowes Companies Inc | 548661107 | 84,966 | $21.0M | 1.35% |
| 18 | Electronic Arts | EA | 138,943 | $20.3M | 1.30% |
| 19 | Chevron Corp | CVX | 140,017 | $20.3M | 1.30% |
| 20 | McDonalds Corp | MCD | 69,304 | $20.1M | 1.29% |
| 21 | J P Morgan Chase & Co | VYLD | 83,142 | $19.9M | 1.28% |
| 22 | Oracle Corp | ORCL-PD | 117,927 | $19.7M | 1.26% |
| 23 | Nvidia Corp | NVDA | 130,154 | $17.5M | 1.12% |
| 24 | Texas Instruments | 882508104 | 89,290 | $16.7M | 1.07% |
| 25 | AbbVie Inc | ABBV | 93,777 | $16.7M | 1.07% |
| 26 | American Express Co | AXP | 53,101 | $15.8M | 1.01% |
| 27 | Airbnb Inc | ABNB | 117,683 | $15.5M | 0.99% |
| 28 | Meta Platforms Inc | META | 25,725 | $15.1M | 0.97% |
| 29 | Qualys Inc | QLYS | 102,800 | $14.4M | 0.93% |
| 30 | AFLAC Inc | AFL | 126,357 | $13.1M | 0.84% |
| 31 | Caterpillar | CAT | 35,043 | $12.7M | 0.82% |
| 32 | Costco Wholesale Corp | 22160K105 | 12,883 | $11.8M | 0.76% |
| 33 | Applied Materials | 038222105 | 68,574 | $11.2M | 0.72% |
| 34 | Home Depot | HD | 27,931 | $10.9M | 0.70% |
| 35 | United Parcel Service Inc Cl B | UPS | 83,426 | $10.5M | 0.68% |
| 36 | Lockheed Martin | LMT | 21,542 | $10.5M | 0.67% |
| 37 | Tesla Motors Inc | TSLA | 25,200 | $10.2M | 0.65% |
| 38 | Emerson Electric Company | EMR | 79,813 | $9.9M | 0.63% |
| 39 | Goldman Sachs | GSCE | 17,204 | $9.9M | 0.63% |
| 40 | West Pharmaceutical Services | 955306105 | 30,000 | $9.8M | 0.63% |
| 41 | Amgen Inc | AMGN | 36,034 | $9.4M | 0.60% |
| 42 | UnitedHealth | UNH | 18,498 | $9.4M | 0.60% |
| 43 | Deere & Company | DE | 20,839 | $8.8M | 0.57% |
| 44 | Walt Disney Company | 254687106 | 73,522 | $8.2M | 0.53% |
| 45 | TJX Companies | 872540109 | 63,701 | $7.7M | 0.49% |
| 46 | New York Times Company | NYT | 137,457 | $7.2M | 0.46% |
| 47 | Lam Research Corp | LRCX | 97,000 | $7.0M | 0.45% |
| 48 | Berkshire Hathaway Cl B | BRK-A | 15,437 | $7.0M | 0.45% |
| 49 | Eli Lilly & Company | LLY | 9,055 | $7.0M | 0.45% |
| 50 | HP Inc | HPQ | 210,864 | $6.9M | 0.44% |
| 51 | Illinois Tool Works | 452308109 | 26,927 | $6.8M | 0.44% |
| 52 | Truist Financial Corporation | 89832Q109 | 153,037 | $6.6M | 0.43% |
| 53 | KLA Corporation | KLAC | 10,120 | $6.4M | 0.41% |
| 54 | Prudential Financial | PUKPF | 53,743 | $6.4M | 0.41% |
| 55 | Southern Co | SOMN | 76,814 | $6.3M | 0.41% |
| 56 | Salesforce.com Inc | CRM | 18,586 | $6.2M | 0.40% |
| 57 | Uber Technologies Inc | UBER | 100,519 | $6.1M | 0.39% |
| 58 | Dynatrace Holdings LLC | DT | 109,000 | $5.9M | 0.38% |
| 59 | Ecolab Inc | ECL | 23,914 | $5.6M | 0.36% |
| 60 | New Atlas Holdco Inc | AESI | 252,000 | $5.6M | 0.36% |
| 61 | Philip Morris | 718172109 | 44,220 | $5.3M | 0.34% |
| 62 | Cisco Systems Inc | CSCO | 87,712 | $5.2M | 0.33% |
| 63 | Adobe | ADBE | 11,597 | $5.2M | 0.33% |
| 64 | Morgan Stanley | MS-PQ | 39,193 | $4.9M | 0.32% |
| 65 | Comcast Corp | CCZ | 125,690 | $4.7M | 0.30% |
| 66 | Williams-Sonoma | WSM | 25,400 | $4.7M | 0.30% |
| 67 | Colgate-Palmolive Company | CL | 50,439 | $4.6M | 0.29% |
| 68 | Norfolk Southern | 655844108 | 19,500 | $4.6M | 0.29% |
| 69 | Merck & Company Inc | MRK | 44,878 | $4.5M | 0.29% |
| 70 | Abbott Laboratories | ABLZF | 38,994 | $4.4M | 0.28% |
| 71 | Atlassian Corp CL A | TEAM | 18,017 | $4.4M | 0.28% |
| 72 | The Travelers Companies | TRV | 17,849 | $4.3M | 0.28% |
| 73 | Vanguard S&P 500 ETF | 922908363 | 7,830 | $4.2M | 0.27% |
| 74 | Union Pacific Corp | UNP | 18,170 | $4.1M | 0.27% |
| 75 | CME Group | CME | 17,647 | $4.1M | 0.26% |
| 76 | Bristol Myers Squibb Company | CELG-RI | 71,604 | $4.0M | 0.26% |
| 77 | C H Robinsin Worldwide | CHRW | 39,050 | $4.0M | 0.26% |
| 78 | PepsiCo | PEP | 26,393 | $4.0M | 0.26% |
| 79 | YUM Brands | YUM | 29,837 | $4.0M | 0.26% |
| 80 | Medtronic Plc | MDT | 48,186 | $3.8M | 0.25% |
| 81 | Fastenal Company | FAST | 53,376 | $3.8M | 0.25% |
| 82 | Cummins | CMI | 10,570 | $3.7M | 0.24% |
| 83 | Qualcomm Inc | QCOM | 23,721 | $3.6M | 0.23% |
| 84 | American Tower REIT | 03027X100 | 19,321 | $3.5M | 0.23% |
| 85 | ProLogis Inc | PLDGP | 32,505 | $3.4M | 0.22% |
| 86 | Automatic Data | ADP | 10,800 | $3.2M | 0.20% |
| 87 | Wells Fargo & Co | 949746101 | 42,245 | $3.0M | 0.19% |
| 88 | Accenture PLC | ACN | 8,324 | $2.9M | 0.19% |
| 89 | Microstrategy Inc New | STRK | 10,000 | $2.9M | 0.19% |
| 90 | iShares Russell 1000 Growth ET | 464287614 | 7,200 | $2.9M | 0.19% |
| 91 | Duke Energy Hldg | DUKB | 26,541 | $2.9M | 0.18% |
| 92 | RTX Corporation | RTX | 24,533 | $2.8M | 0.18% |
| 93 | Bank Of America | 060505104 | 63,425 | $2.8M | 0.18% |
| 94 | Okta Inc | OKTA | 34,900 | $2.8M | 0.18% |
| 95 | Mondelez Intl | 609207105 | 45,734 | $2.7M | 0.18% |
| 96 | Gitlab Inc Cl A | GTLB | 47,000 | $2.6M | 0.17% |
| 97 | Northrop Grumman Corp | NOC | 5,550 | $2.6M | 0.17% |
| 98 | Roper Technologies | ROP | 5,000 | $2.6M | 0.17% |
| 99 | Mastercard | MA | 4,900 | $2.6M | 0.17% |
| 100 | Intuitive Surgical Inc | ISRG | 4,900 | $2.6M | 0.16% |
| 101 | Crown Castle | CCI | 28,159 | $2.6M | 0.16% |
| 102 | Boston Scientific | BSX | 27,400 | $2.4M | 0.16% |
| 103 | Broadcom Ltd | AVGO | 9,500 | $2.2M | 0.14% |
| 104 | ConocoPhillips | COP | 22,132 | $2.2M | 0.14% |
| 105 | Stryker | SYK | 5,925 | $2.1M | 0.14% |
| 106 | Honeywell | 438516106 | 9,408 | $2.1M | 0.14% |
| 107 | ServiceNow | NOW | 2,000 | $2.1M | 0.14% |
| 108 | NextEra Energy | NEE-PW | 28,604 | $2.1M | 0.13% |
| 109 | Analog Devices | ADI | 9,326 | $2.0M | 0.13% |
| 110 | Stanley Black & Decker | SWK | 24,600 | $2.0M | 0.13% |
| 111 | PayPal Hldg Inc | PYPL | 21,415 | $1.8M | 0.12% |
| 112 | U S Bancorp | USB-PS | 37,918 | $1.8M | 0.12% |
| 113 | CVS Health Corp | CVS | 39,618 | $1.8M | 0.11% |
| 114 | Blackstone Group | BX | 10,100 | $1.7M | 0.11% |
| 115 | Intuit | INTU | 2,770 | $1.7M | 0.11% |
| 116 | Welltower Inc | WELL | 13,517 | $1.7M | 0.11% |
| 117 | Pfizer Inc | PFE | 63,254 | $1.7M | 0.11% |
| 118 | Altria Group | MO | 31,427 | $1.6M | 0.11% |
| 119 | Intel Corp | INTC | 80,138 | $1.6M | 0.10% |
| 120 | Hims and Hers Health | HIMS | 63,100 | $1.5M | 0.10% |
| 121 | Gilead Sciences | GILD | 15,141 | $1.4M | 0.09% |
| 122 | Eaton Corp | ETN | 4,175 | $1.4M | 0.09% |
| 123 | Brown & Brown Inc | BRO | 13,000 | $1.3M | 0.09% |
| 124 | First Solar Inc | FSLR | 7,500 | $1.3M | 0.08% |
| 125 | Thermo Fisher Scientific | TMO | 2,300 | $1.2M | 0.08% |
| 126 | Doordash Inc | DASH | 7,000 | $1.2M | 0.08% |
| 127 | Boeing | BA-PA | 6,575 | $1.2M | 0.07% |
| 128 | Netflix | NFLX | 1,300 | $1.2M | 0.07% |
| 129 | Dominion Energy | D | 21,078 | $1.1M | 0.07% |
| 130 | Phillips 66 | PSX | 9,739 | $1.1M | 0.07% |
| 131 | Equifax Inc | EFX | 4,250 | $1.1M | 0.07% |
| 132 | GE Aerospace | 369604301 | 6,214 | $1.0M | 0.07% |
| 133 | Progressive Corp | 743315103 | 4,000 | $958,440 | 0.06% |
| 134 | Agilent | A | 7,000 | $940,380 | 0.06% |
| 135 | Blackrock Inc | BLK | 916 | $939,001 | 0.06% |
| 136 | PNC Finl | 693475105 | 4,862 | $937,637 | 0.06% |
| 137 | Edwards Lifesciences | EW | 12,600 | $932,778 | 0.06% |
| 138 | UBS AG | UBS | 29,000 | $879,280 | 0.06% |
| 139 | AstraZeneca PLC | AZN | 13,026 | $853,464 | 0.05% |
| 140 | Charles Schwab Corp | SCHW-PJ | 11,500 | $851,115 | 0.05% |
| 141 | Sysco Corp | SYY | 11,000 | $841,060 | 0.05% |
| 142 | Zoetis Inc | ZTS | 4,900 | $798,357 | 0.05% |
| 143 | Dow Inc | DOW | 19,772 | $793,436 | 0.05% |
| 144 | Fifth Third Bancorp | FITBM | 18,400 | $777,952 | 0.05% |
| 145 | Trane Tech PLC | TT | 2,100 | $775,635 | 0.05% |
| 146 | Verizon Communications Inc | VZ | 19,050 | $761,809 | 0.05% |
| 147 | Nike Inc Cl B | NKE | 10,020 | $758,213 | 0.05% |
| 148 | Novo Nordisk ADR | NONOF | 8,675 | $746,223 | 0.05% |
| 149 | Nucor Corp | NUE | 6,369 | $743,326 | 0.05% |
| 150 | CarGurus Inc | CARG | 19,400 | $708,876 | 0.05% |
| 151 | FMC Corporation | FMC | 14,448 | $702,317 | 0.05% |
| 152 | Genuine Parts Company | GPC | 5,900 | $688,884 | 0.04% |
| 153 | General Dynamics | GD | 2,579 | $679,541 | 0.04% |
| 154 | Kimberly-Clark | KMB | 5,100 | $668,304 | 0.04% |
| 155 | Lincoln National Corporation | 534187109 | 20,800 | $659,568 | 0.04% |
| 156 | AT&T Inc | T-PC | 28,855 | $657,028 | 0.04% |
| 157 | Carrier Global | CARR | 9,500 | $648,470 | 0.04% |
| 158 | Sherwin-Williams | SHW | 1,900 | $645,867 | 0.04% |
| 159 | 3M Company | MMM | 4,900 | $632,541 | 0.04% |
| 160 | Microchip | MCHPP | 10,900 | $625,115 | 0.04% |
| 161 | GE Vernova Inc | GEV | 1,800 | $592,074 | 0.04% |
| 162 | Advanced Micro | AMD | 4,819 | $582,087 | 0.04% |
| 163 | Leidos Holdings Inc. | LDOS | 4,000 | $576,240 | 0.04% |
| 164 | CSX Corp | CSX | 17,600 | $567,952 | 0.04% |
| 165 | Ross Stores | ROST | 3,667 | $554,707 | 0.04% |
| 166 | Baxter Intl | 071813109 | 18,700 | $545,292 | 0.04% |
| 167 | Take Two | TTWO | 2,900 | $533,832 | 0.03% |
| 168 | Invesco QQQ Tr Unit Ser 1 | IVZ | 1,043 | $533,213 | 0.03% |
| 169 | Metlife Inc | MET-PF | 6,312 | $516,827 | 0.03% |
| 170 | McCormick and Co | MKC-V | 6,000 | $457,440 | 0.03% |
| 171 | Novartis AG | NVSEF | 4,700 | $457,357 | 0.03% |
| 172 | Baidu Inc | BAIDF | 5,400 | $455,274 | 0.03% |
| 173 | Petroleo Brasileiro | 71654V408 | 33,200 | $426,952 | 0.03% |
| 174 | Valero Energy | VLO | 3,420 | $419,258 | 0.03% |
| 175 | Digital Realty Trust | 253868103 | 2,319 | $411,228 | 0.03% |
| 176 | Royal Bank of Canada | 780087102 | 3,400 | $409,734 | 0.03% |
| 177 | Corteva Inc | CTVA | 7,159 | $407,748 | 0.03% |
| 178 | Micron Technology | MU | 4,700 | $395,552 | 0.03% |
| 179 | Diageo PLC ADR | DGEAF | 3,100 | $394,103 | 0.03% |
| 180 | Kraft Heinz Co | KHC | 12,742 | $391,307 | 0.03% |
| 181 | Science Applications Intl Corp | 808625107 | 3,500 | $391,230 | 0.03% |
| 182 | Humana | HUM | 1,525 | $386,908 | 0.02% |
| 183 | Huntington Ingalls Industries | 446413106 | 2,000 | $377,940 | 0.02% |
| 184 | Rockwell | ROK | 1,300 | $371,527 | 0.02% |
| 185 | Plains GP Holdings | PAGP | 20,000 | $367,600 | 0.02% |
| 186 | Aptiv PLC | APTV | 5,700 | $344,736 | 0.02% |
| 187 | Marathon Petroleum Corp | MARA | 2,460 | $343,170 | 0.02% |
| 188 | Linde PLC | LIN | 816 | $341,635 | 0.02% |
| 189 | SPDR Gold Trust ETF | GLD | 1,400 | $338,982 | 0.02% |
| 190 | Ingersoll-Rand PLC | IR | 3,601 | $325,746 | 0.02% |
| 191 | Shell PLC | RYDAF | 5,100 | $319,515 | 0.02% |
| 192 | Fulton Financial | 360271100 | 16,000 | $308,480 | 0.02% |
| 193 | Palantir Technologies Inc | PLTR | 4,000 | $302,520 | 0.02% |
| 194 | Sealed Air | SE | 8,900 | $301,087 | 0.02% |
| 195 | Danaher Corp | 235851102 | 1,300 | $298,415 | 0.02% |
| 196 | Axon Enterprise Inc | AXON | 500 | $297,160 | 0.02% |
| 197 | AppFolio Inc | APPF | 1,200 | $296,064 | 0.02% |
| 198 | T Rowe Price Grp Inc | TROW | 2,600 | $294,034 | 0.02% |
| 199 | Constellation Brands | STZ | 1,330 | $293,930 | 0.02% |
| 200 | Palo Alto Networks Inc | PANW | 1,600 | $291,136 | 0.02% |
| 201 | Kinder Morgan | EP-PC | 10,500 | $287,700 | 0.02% |
| 202 | Canadian National Railway | 136375102 | 2,800 | $284,228 | 0.02% |
| 203 | Vulcan Materials | 929160109 | 1,100 | $282,953 | 0.02% |
| 204 | Keysight Technologies | KEYS | 1,600 | $257,008 | 0.02% |
| 205 | Robinhood Markets Inc | 770700102 | 6,800 | $253,368 | 0.02% |
| 206 | Intl Paper | 460146103 | 4,654 | $250,499 | 0.02% |
| 207 | Becton Dickenson & Co | BDX | 1,100 | $249,557 | 0.02% |
| 208 | Energy Transfer LP | ET-PI | 12,300 | $240,957 | 0.02% |
| 209 | Paychex Inc | PAYX | 1,636 | $229,461 | 0.01% |
| 210 | ResMed Inc | RSMDF | 1,000 | $228,690 | 0.01% |
| 211 | BP PLC ADS | BPPFF | 7,600 | $224,656 | 0.01% |
| 212 | Cigna | CI | 800 | $220,912 | 0.01% |
| 213 | Fortune Brands Innovations Inc | FBIN | 3,200 | $218,656 | 0.01% |
| 214 | FedEx | FDX | 750 | $210,997 | 0.01% |
| 215 | ASML Holding NV | ASMLF | 300 | $207,924 | 0.01% |
| 216 | Levi Strauss & Co | LEVI | 10,000 | $173,000 | 0.01% |
| 217 | Snap Inc | SNAP | 11,500 | $123,855 | 0.01% |