Fund HoldingsCullen Capital Management, LLC

Total Portfolio Value
$9.16B
Total Bought
$718.27M
Total Sold
$1.11B
Net Transaction
-$390.38M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
Unilever PLC (ADR)(UL)02,186,791+2,186,7910143,0161.56%+143,016
State Street Communication Ser
ST STR SVC ETF
0490,271+490,271057,7150.63%+57,715
First Horizon Corp.(FHN)02,030,457+2,030,457048,5280.53%+48,528
Merck & Co. Inc.(MRK)2,343,4522,291,041-52,411196,686241,1552.63%+44,469
American International Group I0494,273+494,273042,2850.46%+42,285
Qualcomm Inc.(QCOM)665,454863,078+197,624110,705147,6291.61%+36,924
State Street Industrial Select
ST STR INDL ETF
0237,878+237,878036,9000.40%+36,900
State Street Consumer Staples
ST STR STAPL ETF
0461,242+461,242035,8290.39%+35,829
Union Pacific Corp.(UNP)0155,665+155,665036,0080.39%+36,008
State Street Real Estate Selec
ST STR REAL ETF
0816,329+816,329032,9390.36%+32,939
UnitedHealth Group Inc.(UNH)236,676332,894+96,21881,724109,8921.20%+28,167
State Street Materials Select
ST STR MATER ETF
0626,265+626,265028,4010.31%+28,401
ASE Technology Holding Company (ADR)(ASX)5,618,8225,607,381-11,44162,31390,2790.99%+27,966
Novo Nordisk A/S (ADR)(NVO)0547,520+547,520027,8580.30%+27,858
Novartis AG (ADR)(NVS)2,070,3772,080,796+10,419265,505286,8793.13%+21,374
Rio Tinto PLC (ADR)(RIO)0498,868+498,868039,9240.44%+39,924
Citigroup Inc.(C)2,456,5802,302,748-153,832249,343268,7082.93%+19,365
Chubb Ltd.
COM
0681,729+681,7290212,7812.32%+212,781
Morgan Stanley(MS)1,562,5921,504,927-57,665248,390267,1702.92%+18,780
Johnson & Johnson(JNJ)1,195,3611,159,046-36,315221,644239,8652.62%+18,221
Cisco Systems Inc.(CSCO)03,732,436+3,732,4360287,5103.14%+287,510
The PNC Financial Services Gro(PNC)201,403259,784+58,38140,46854,2250.59%+13,757
State Street Health Care Selec
ST STR CARE ETF
094,269+94,269014,5930.16%+14,593
TotalEnergies SE(TTE)0199,123+199,123013,0270.14%+13,027
Toyota Motor Corp. (ADR)(TM)197,114236,355+39,24137,66750,5940.55%+12,928
NextEra Energy Inc.(NEE)2,495,1062,460,053-35,053188,356197,4932.16%+9,137
State Street Energy Select Sec
ST STR ENERG ETF
0204,009+204,00909,1210.10%+9,121
iShares MSCI South Korea ETF222,743269,232+46,48917,84226,1750.29%+8,333
Petroleo Brasileiro SA (ADR)(PBR)02,271,269+2,271,269026,9150.29%+26,915
iShares Russell 1000 Value ETF1,61630,562+28,9463296,4280.07%+6,099
National Grid PLC (ADR)(NGG)0761,975+761,975058,9390.64%+58,939
Millicom Intl Cellular
COM STK
643,031656,608+13,57731,21336,4020.40%+5,190
British American Tobacco PLC (ADR)(BTI)1,334,8001,334,963+16370,85175,5860.83%+4,734
iShares MSCI ACWI ex US ETF119,661186,200+66,5397,77912,5000.14%+4,720
Truist Financial Corp(TFC)4,591,7834,347,033-244,750209,936213,9172.34%+3,981
State Street Financial Select
ST STR FINL ETF
071,693+71,69303,9270.04%+3,927
Johnson Controls International
SHS
01,728,794+1,728,7940207,0232.26%+207,023
State Street Consumer Discreti
ST STR DISCR ETF
1,49329,126+27,6333583,4780.04%+3,120
Bank of America Corp.5,452,0725,170,265-281,807281,272284,3653.11%+3,092
Axia Energia ADR(AXIA)0330,217+330,21703,0250.03%+3,025
Bristol-Myers Squibb Co.(BMY)1,340,8471,176,726-164,12160,47263,4730.69%+3,000
iShares Select Dividend ETF021,130+21,13002,9820.03%+2,982
PACCAR Inc.(PCAR)558,423525,036-33,38754,90457,4970.63%+2,593
Keurig Dr Pepper Inc(KDP)01,478,726+1,478,726041,4190.45%+41,419
The Travelers Companies Inc.(TRV)508,253497,171-11,082141,915144,2101.57%+2,295
Taiwan Semiconductor Mfg Ltd (ADR)(TSM)251,074237,805-13,26970,12272,2670.79%+2,144
Coca-Cola Femsa SAB de CV (ADR)(KOF)0423,641+423,641040,1230.44%+40,123
Invesco S&P Global Water Index027,203+27,20301,7140.02%+1,714
Becton Dickinson & Co.(BDX)716,260697,777-18,483134,062135,4181.48%+1,355
Qnity Electronics Inc(Q)011,774+11,77409610.01%+961
State Street Utilities Select
ST STR UTIL ETF
021,872+21,87209340.01%+934
Axia Energia Preferred C (ADR)
SPON ADS PF CL C
082,991+82,99107150.01%+715
Applied Materials Inc.22,19320,110-2,0834,5445,1680.06%+624
iShares Trust iShares Global
GLOBAL REIT ETF
023,559+23,55905880.01%+588
American Express Co.(AXP)17,16916,977-1925,7036,2810.07%+578
Adobe Systems Inc.(ADBE)3,0474,435+1,3881,0751,5520.02%+477
VanEck Vectors Pharmaceutical
PHARMACEUTCL ETF
04,620+4,62004770.01%+477
iShares Global Timber & Forest06,560+6,56004720.01%+472
Pool Corp.(POOL)02,001+2,00104580.00%+458
Micron Technology Inc.(MU)05,490+5,49001,5670.02%+1,567
Avient Corp.(AVNT)14,93026,039+11,1094928130.01%+322
State Street Technology Select
ST STR TECHN ETF
02,134+2,13403070.00%+307
Axalta Coating Systems Ltd.(AXTA)098,191+98,19103,1730.03%+3,173
The Magnum Ice Cream Company N(MICC)018,727+18,72702970.00%+297
Sensata Technologies Holding P
SHS
030,125+30,12501,0030.01%+1,003
Shell PLC (ADR)(SHEL)489,631480,347-9,28435,02335,2960.39%+273
John B. Sanfilippo & Son Inc.(JBSS)03,624+3,62402560.00%+256
Quaker Chemical Corp.(KWR)3,0064,634+1,6283966360.01%+240
KB Financial Group Inc. (ADR)(KB)0110,730+110,73009,5270.10%+9,527
Solstice Advanced Materials In(SOLS)04,516+4,51602190.00%+219
Companhia de Saneamento Basico (ADR)(SBS)041,350+41,35009860.01%+986
Carter's Inc.(CRI)06,514+6,51402110.00%+211
Canadian National Railway Co.(CNI)018,516+18,51601,8300.02%+1,830
Walmart Inc.(WMT)43,66242,019-1,6434,5004,6820.05%+182
AbbVie Inc.(ABBV)01,997+1,99704560.00%+456
iShares MSCI India ETF
MSCI INDIA ETF
040,331+40,33102,1800.02%+2,180
M/I Homes Inc.(MHO)4,2995,955+1,6566217620.01%+141
Varex Imaging Corp.11,69221,467+9,7751452500.00%+105
Apple Inc.(AAPL)4,9404,94001,2581,3430.01%+85
Great Lakes Dredge & Dock Corp074,678+74,67809800.01%+980
Caterpillar Inc.(CAT)0869+86904980.01%+498
Huntsman Corp.(HUN)13,54620,231+6,6851222020.00%+81
Advanced Drainage Systems Inc.(WMS)04,002+4,00205800.01%+580
Helmerich & Payne Inc.(HP)11,84611,84602623400.00%+78
Valmont Industries Inc.(VMI)01,288+1,28805180.01%+518
GE Vernova LLC(GEV)1,6001,60009841,0460.01%+62
BorgWarner Inc.89,66788,811-8563,9424,0020.04%+60
First Interstate Bancsystem In(FIBK)018,714+18,71406480.01%+648
Veralto Corp.(VLTO)07,736+7,73607720.01%+772
General Electric Co.(GE)6,4516,45101,9411,9870.02%+47
WisdomTree India Earnings Fund(WT)088,959+88,95904,1180.04%+4,118
A.O. Smith Corp.(AOS)04,875+4,87503260.00%+326
Select Water Solutions Inc.(WTTR)54,15658,824+4,6685796190.01%+40
Prologis Inc.(PLD)02,920+2,92003730.00%+373
The Coca-Cola Co.(KO)010,429+10,42907290.01%+729
3M Co.(MMM)07,319+7,31901,1720.01%+1,172
Royal Bank of Canada(RY)1,5051,50502222570.00%+35
Consolidated Water Company Ltd
ORD
012,539+12,53904430.00%+443
Granite Real Estate Investment(GRTUF)08,190+8,19004890.01%+489
Simons First National Corp.(SFNC)030,325+30,32505720.01%+572
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