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Institutional Investment Manager
CULLEN/FROST BANKERS, INC.
CULLEN/FROST BANKERS, INC. (CIK: 0000039263) incorporated in Texas, registered under National Commercial Banks, located at 111 W Houston St, San Antonio, TX. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q1)
Portfolio Summary: 379 holdings with a total value of $2,325,499,000.
#
Name
Shares
Value ($)
%
Options
Notes
351 AMEREN CORP 5,729 236,000 0.01%
352 Patterson UTI Energy Inc Com 7,435 236,000 0.01%
353 STANLEY BLACK &DECKER INC 2,904 236,000 0.01%
354 MORGAN STANLEY INDIA INVS FD 12,000 234,000 0.01%
355 CHENIERE ENERGY INC 4,200 233,000 0.01%
356 UGI CORP NEW 5,084 232,000 0.01%
357 MARATHON OIL CORP 6,534 232,000 0.01%
358 XCEL ENERGY INC 7,535 229,000 0.01%
359 POWERSHARES GLOBAL ETF FD 10,832 228,000 0.01%
360 ISHARES TR 1,465 227,000 0.01%
361 GLAXOSMITHKLINE PLC 4,170 223,000 0.01%
362 HCP INC 5,685 221,000 0.01%
363 RYDEX ETF TRUST 3,016 220,000 0.01%
364 HUMANA INC 1,887 212,000 0.01%
365 ROWAN COMPANIES PLC 6,300 212,000 0.01%
366 CROSS TIMBERS RTY TR 6,693 209,000 0.01%
367 BEAM INC 2,485 207,000 0.01%
368 AZZ INC 4,636 207,000 0.01%
369 SELECT SECTOR SPDR TR 4,710 203,000 0.01%
370 KROGER CO 4,631 202,000 0.01%
371 CIGNA CORPORATION 2,400 201,000 0.01%
372 BANRO CORP 350,000 179,000 0.01%
373 NUVEEN PREM INCOME MUN FD 4 COM 13,890 172,000 0.01%
374 WindStream Corp (win) 19,740 163,000 0.01%
375 HomeTrust Bancshares, Inc. 10,000 158,000 0.01%
376 PIONEER ENERGY SVCS CORP 10,000 130,000 0.01%
377 HUGOTON RTY TR TEX 14,875 120,000 0.01%
378 ELDORADO GOLD CORP NEW 13,500 75,000 0.00%
379 BIO PATH HOLDINGS INC 10,000 27,000 0.00%
Page 8 of 8

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000039263-14-000029, filed 2014.04.29).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.