1y return+17.7%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2023: $146 against $157 in the S&P 500.2
Cullen Investment Group, Ltd.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AAPLApple Incorporated | $53.5M | 6.5% | −1.5% |
| BRK/BBerkshire Hathaway Incorporated Del Class B New | $52.8M | 6.4% | +4.0% |
| GOOGAlphabet Incorporated Cap Stk Class C | $39.6M | 4.8% | −3.2% |
| MSFTMicrosoft Corporation | $32.0M | 3.9% | |
| WMTWalmart Inc | $31.6M | 3.8% | −2.1% |
| JPMJpmorgan Chase & Company | $29.2M | 3.5% | −1.4% |
| NVDANvidia Corporation | $21.5M | 2.6% | |
| AVGOBroadcom Incorporated | $21.0M | 2.5% | −5.8% |
| Eaton Corporation PLC ShsCUSIP G29183103 | $20.9M | 2.5% | −5.0% |
| AMZNAmazon Com Incorporated | $19.2M | 2.3% | +4.2% |
| PMPhilip Morris International Incorporated | $17.3M | 2.1% | −1.6% |
| GLWCorning Incorporated | $17.1M | 2.1% | |
| Exxon Mobil CorporationCUSIP 30231G102 | $14.8M | 1.8% | |
| MRKMerck & Company Incorporated | $14.3M | 1.7% | −1.6% |
| AMATApplied Matls Incorporated | $14.0M | 1.7% | +8.7% |
| LLYEli Lilly & Company | $14.0M | 1.7% | −1.3% |
| DEDeere & Company | $13.5M | 1.6% | −1.1% |
| ADIAnalog Devices Incorporated | $13.4M | 1.6% | |
| METAMeta Platforms Incorporated Class A | $11.4M | 1.4% | +14.5% |
| VVisa Incorporated Com Class A | $11.0M | 1.3% | +2.4% |
| Johnson Controls Internation ShsCUSIP G51502105 | $10.7M | 1.3% | −4.1% |
| GDGeneral Dynamics Corporation | $10.6M | 1.3% | +7.0% |
| CMICummins Incorporated | $9.9M | 1.2% | −2.4% |
| SCHWSchwab Charles Corporation | $9.8M | 1.2% | +7.3% |
| Medtronic PLC ShsCUSIP G5960L103 | $9.7M | 1.2% | +12.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GLWCorning Incorporated | December 31, 2023 | +738.9% | $17.1M |
| NVDANvidia Corporation | December 31, 2023 | +304.0% | $21.5M |
| AMDAdvanced Micro Devices Incorporated | December 31, 2023 | +294.1% | $8.0M |
| CATCaterpillar Incorporated | December 31, 2023 | +260.2% | $9.1M |
| AVGOBroadcom Incorporated | December 31, 2023 | +238.4% | $21.0M |
| CMICummins Incorporated | December 31, 2023 | +197.7% | $9.9M |
| AMATApplied Matls Incorporated | December 31, 2025 | +181.3% | $14.0M |
| Johnson Controls Internation ShsCUSIP G51502105 | December 31, 2023 | +153.5% | $10.7M |
| GOOGAlphabet Incorporated Cap Stk Class C | December 31, 2023 | +150.7% | $39.6M |
| WMTWalmart Inc | December 31, 2023 | +115.5% | $31.6M |
Sold off last quarter
- Honeywell International IncorporatedCUSIP 438516106 was $336K
- EWEdwards Lifesciences Corporation was $273K
- NRPNatural Resource Partners LP Com Unit Ltd Par was $219K
- FDXFedex Corporation was $214K
- THOThor Industries Incorporated was $202K
- SKYDParamount Skydance Corporation Com Class B was $196K
- WENWendys Company was $117K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +9.1% | +14.8% |
| March 31, 2026 | −0.4% | −4.6% |
| December 31, 2025 | +1.7% | +2.4% |
| September 30, 2025 | +6.5% | +7.8% |
| June 30, 2025 | +6.0% | +10.5% |
| March 31, 2025 | −2.0% | −4.6% |
| December 31, 2024 | +0.9% | +2.1% |
| September 30, 2024 | +6.9% | +5.4% |
| June 30, 2024 | +0.7% | +4.0% |
| March 31, 2024 | +10.2% | +10.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Cullen Investment Group, Ltd. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=797203&type=13F-HR&dateb=&owner=include&count=40CIK 797203
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/797203/000079720326000003/Filed July 9, 2026 · accession 0000797203-26-000003