Ceredex Value Advisors Reduces Stake in Cullen/Frost Bankers

Institutional investor trims position in Texas-based bank holding company

Mar. 11, 2026 at 8:52am

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Ceredex Value Advisors LLC, an investment management firm, has reduced its stake in Cullen/Frost Bankers, Inc. (NYSE:CFR) by 8.2% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The fund now owns 109,450 shares of the bank's stock, valued at $13.875 million.

Why it matters

Cullen/Frost Bankers is a prominent regional bank holding company based in San Antonio, Texas, with a history dating back to 1868. The reduction in Ceredex's position could signal a shift in investor sentiment or portfolio rebalancing, which may be of interest to those following the bank's performance and the broader financial sector.

The details

According to the 13F filing, Ceredex Value Advisors sold 9,782 shares of Cullen/Frost Bankers during the third quarter, reducing its total position to 109,450 shares. The firm now owns 0.17% of the bank's outstanding shares. Cullen/Frost Bankers operates primarily in Texas, offering a range of commercial and consumer banking services, as well as treasury management and equipment leasing solutions.

  • Ceredex Value Advisors filed the 13F report for the third quarter of 2026.

The players

Ceredex Value Advisors LLC

An investment management firm that has reduced its stake in Cullen/Frost Bankers, Inc.

Cullen/Frost Bankers, Inc.

A Texas-based bank holding company with a history dating back to 1868, offering commercial and consumer banking services.

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The takeaway

The reduction in Ceredex's position in Cullen/Frost Bankers could be a sign of broader portfolio adjustments or changes in investor sentiment towards the regional bank. However, Cullen/Frost Bankers remains a well-established financial institution in Texas, with a long history of serving the local community.