# Cullen Capital Management, LLC: Form 13F holdings

An institutional investment manager in New York, NY. SEC CIK 1362535.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $10.17bn
- Positions: 208 (208 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1362535/000119312526349619/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [Novartis AG (ADR) (NVS)](/companies/nvs.md) | ADR | $318.6m | 3.1% | 2,033,040 |  | Reduced −4,922 |
| [Cisco Systems Inc. (CSCO)](/companies/csco.md) | COM | $300.4m | 3.0% | 2,557,662 |  | Reduced −1,087,878 |
| [Morgan Stanley (MS)](/companies/ms.md) | COM | $295.5m | 2.9% | 1,413,521 |  | Reduced −20,044 |
| [Johnson & Johnson (JNJ)](/companies/jnj.md) | COM | $279.1m | 2.7% | 1,099,077 |  | Reduced −15,852 |
| [Citigroup Inc. (C)](/companies/c.md) | COM | $270.0m | 2.7% | 1,929,255 |  | Reduced −288,935 |
| [JP Morgan Chase & Co. (JPM)](/companies/jpm.md) | COM | $265.4m | 2.6% | 810,780 |  | Added +2,132 |
| [Merck & Co. Inc. (MRK)](/companies/mrk.md) | COM | $259.2m | 2.5% | 2,016,795 |  | Reduced −56,559 |
| [Bank of America Corp. (BAC)](/companies/bac.md) | COM | $247.1m | 2.4% | 4,335,818 |  | Reduced −829,099 |
| [Duke Energy Corp. (DUK)](/companies/duk.md) | COM | $244.7m | 2.4% | 1,933,412 |  | Added +11,954 |
| Johnson Controls International | COM | $244.2m | 2.4% | 1,671,438 |  | Reduced −19,290 |
| [General Dynamics Corp. (GD)](/companies/gd.md) | COM | $239.2m | 2.4% | 675,358 |  | Added +2,169 |
| Chubb Ltd. | COM | $229.9m | 2.3% | 674,693 |  | Added +660 |
| [Truist Financial Corp (TFC)](/companies/tfc.md) | COM | $222.9m | 2.2% | 4,473,955 |  | Added +19,146 |
| [RTX Corp (RTX)](/companies/rtx.md) | COM | $218.5m | 2.1% | 1,151,388 |  | Reduced −681 |
| [Philip Morris International In (PM)](/companies/pm.md) | COM | $216.7m | 2.1% | 1,197,637 |  | Added +10,533 |
| [NextEra Energy Inc. (NEE)](/companies/nee.md) | COM | $212.3m | 2.1% | 2,418,915 |  | Reduced −8,402 |
| [Healthpeak Properties Inc (DOC)](/companies/doc.md) | COM | $209.0m | 2.1% | 9,768,642 |  | Reduced −1,222,659 |
| [ExxonMobil Holdings Corp. (XOM)](/companies/xom.md) | COM | $204.0m | 2.0% | 1,492,052 |  | New +1,492,052 |
| Medtronic PLC | COM | $202.8m | 2.0% | 2,591,898 |  | Reduced −39,046 |
| [Broadcom Ltd. (AVGO)](/companies/avgo.md) | COM | $201.0m | 2.0% | 532,119 |  | Reduced −1,567 |
| [UnitedHealth Group Inc. (UNH)](/companies/unh.md) | COM | $197.6m | 1.9% | 475,519 |  | Added +2,783 |
| [Vici Properties Inc. (VICI)](/companies/vici.md) | COM | $185.0m | 1.8% | 6,969,674 |  | Added +181,185 |
| [ConocoPhillips (COP)](/companies/cop.md) | COM | $181.8m | 1.8% | 1,748,628 |  | Reduced −36,771 |
| [United Parcel Service Inc. (UPS)](/companies/ups.md) | COM | $178.1m | 1.8% | 1,656,471 |  | Added +33,033 |
| [Qualcomm Inc. (QCOM)](/companies/qcom.md) | COM | $173.6m | 1.7% | 939,601 |  | Added +42,384 |
| [Genuine Parts Co. (GPC)](/companies/gpc.md) | COM | $166.5m | 1.6% | 1,411,008 |  | Reduced −153,612 |
| [Altria Group Inc. (MO)](/companies/mo.md) | COM | $166.3m | 1.6% | 2,311,947 |  | Reduced −62,595 |
| [Unilever PLC (ADR) (UL)](/companies/ul.md) | ADR | $165.1m | 1.6% | 2,745,360 |  | Added +97,665 |
| [The Travelers Companies Inc. (TRV)](/companies/trv.md) | COM | $158.5m | 1.6% | 480,235 |  | Reduced −2,456 |
| [Target Corp. (TGT)](/companies/tgt.md) | COM | $145.8m | 1.4% | 1,116,467 |  | Reduced −17,777 |
| [Chevron Corp. (CVX)](/companies/cvx.md) | COM | $142.5m | 1.4% | 859,592 |  | Reduced −16,461 |
| [Lowe's Companies Inc. (LOW)](/companies/low.md) | COM | $139.2m | 1.4% | 631,354 |  | Added +16,677 |
| [British American Tobacco PLC (ADR) (BTI)](/companies/bti.md) | ADR | $134.4m | 1.3% | 2,175,636 |  | Added +831,958 |
| [Comcast Corp. (Cl A) (CMCSA)](/companies/cmcsa.md) | COM | $129.8m | 1.3% | 5,287,200 |  | Reduced −1,862,569 |
| [Restaurant Brands Internationa (QSR)](/companies/qsr.md) | COM | $128.3m | 1.3% | 1,770,095 |  | Added +664,441 |
| [Becton Dickinson & Co. (BDX)](/companies/bdx.md) | COM | $124.8m | 1.2% | 824,720 |  | Added +95,559 |
| [AT&T Inc. (T)](/companies/t.md) | COM | $118.4m | 1.2% | 5,722,075 |  | Added +7,405 |
| [Microsoft Corp. (MSFT)](/companies/msft.md) | COM | $109.3m | 1.1% | 292,959 |  | Added +91,320 |
| [BCE Inc. (BCE)](/companies/bce.md) | COM | $107.0m | 1.1% | 4,975,496 |  | Reduced −991,390 |
| [ASE Technology Holding Company (ADR) (ASX)](/companies/asx.md) | ADR | $94.3m | 0.9% | 2,090,788 |  | Reduced −1,920,711 |
| Copa Holdings SA | COM | $88.9m | 0.9% | 571,263 |  | Added +157,991 |
| [Taiwan Semiconductor Manufacturing (ADR) (TSM)](/companies/tsm.md) | ADR | $85.9m | 0.8% | 179,777 |  | Reduced −11,840 |
| [Omnicom Group Inc. (OMC)](/companies/omc.md) | COM | $85.7m | 0.8% | 1,176,691 |  | Added +12,001 |
| [Diageo PLC (ADR) (DEO)](/companies/deo.md) | ADR | $81.9m | 0.8% | 1,018,308 |  | Added +54,085 |
| [Crown Castle Inc. (CCI)](/companies/cci.md) | COM | $77.7m | 0.8% | 1,026,370 |  | Reduced −162,070 |
| [International Business Machine (IBM)](/companies/ibm.md) | COM | $71.6m | 0.7% | 254,463 |  | Added +85,657 |
| Millicom Intl Cellular | COM | $71.3m | 0.7% | 785,131 |  | Reduced −42,544 |
| [National Grid PLC (ADR) (NGG)](/companies/ngg.md) | ADR | $67.6m | 0.7% | 815,548 |  | Added +21,344 |
| [Toyota Motor Corp. (ADR) (TM)](/companies/tm.md) | ADR | $65.9m | 0.6% | 391,325 |  | Added +78,720 |
| [Sysco Corp. (SYY)](/companies/syy.md) | COM | $65.4m | 0.6% | 782,576 |  | Added +175,768 |
| [Bristol-Myers Squibb Co. (BMY)](/companies/bmy.md) | COM | $65.2m | 0.6% | 1,132,367 |  | Added +12,698 |
| [Rio Tinto PLC (ADR) (RIO)](/companies/rio.md) | ADR | $65.0m | 0.6% | 684,440 |  | Added +27,576 |
| Smurfit Westrock PLC | COM | $62.9m | 0.6% | 1,359,382 |  | Added +113,472 |
| [EOG Resources Inc. (EOG)](/companies/eog.md) | COM | $62.3m | 0.6% | 479,999 |  | Reduced −7,666 |
| [Enbridge Inc. (ENB)](/companies/enb.md) | COM | $62.1m | 0.6% | 1,145,111 |  | Added +22,334 |
| [Pfizer Inc. (PFE)](/companies/pfe.md) | COM | $58.9m | 0.6% | 2,447,200 |  | Reduced −246,307 |
| [Novo Nordisk A/S (ADR) (NVO)](/companies/nvo.md) | ADR | $58.7m | 0.6% | 1,224,955 |  | Added +432,600 |
| TotalEnergies SE | COM | $55.9m | 0.5% | 718,986 |  | Added +78,906 |
| [Keurig Dr Pepper Inc (KDP)](/companies/kdp.md) | COM | $55.7m | 0.5% | 1,700,621 |  | Reduced −63,654 |
| Power Corporation of Canada | COM | $55.1m | 0.5% | 886,766 |  | Added +18,490 |
| [PPL Corp. (PPL)](/companies/ppl.md) | COM | $54.6m | 0.5% | 1,502,353 |  | Reduced −39,292 |
| [Verizon Communications Inc. (VZ)](/companies/vz.md) | COM | $50.6m | 0.5% | 1,194,320 |  | Added +389,776 |
| [Coca-Cola Femsa SAB de CV (ADR) (KOF)](/companies/kof.md) | ADR | $47.6m | 0.5% | 447,737 |  | Added +24,596 |
| [Petroleo Brasileiro SA (ADR) (PBR)](/companies/pbr.md) | ADR | $47.2m | 0.5% | 2,922,208 |  | Added +111,483 |
| [First Horizon Corp. (FHN)](/companies/fhn.md) | COM | $47.0m | 0.5% | 1,831,996 |  | Reduced −132,679 |
| [ORIX Corp. (ADR) (IX)](/companies/ix.md) | ADR | $46.4m | 0.5% | 1,220,846 |  | Added +140,485 |
| [Dow Inc (DOW)](/companies/dow.md) | COM | $45.4m | 0.4% | 1,660,870 |  | Reduced −902,744 |
| [PPG Industries Inc. (PPG)](/companies/ppg.md) | COM | $45.3m | 0.4% | 373,663 |  | Reduced −9,754 |
| [The PNC Financial Services Gro (PNC)](/companies/pnc.md) | COM | $44.6m | 0.4% | 181,298 |  | Added +128 |
| [American International Group I (AIG)](/companies/aig.md) | COM | $42.8m | 0.4% | 573,977 |  | Added +3,464 |
| [Union Pacific Corp. (UNP)](/companies/unp.md) | COM | $41.4m | 0.4% | 152,353 |  | Added +476 |
| iShares MSCI South Korea ETF | COM | $40.7m | 0.4% | 201,699 |  | Reduced −24,941 |
| [Shell PLC (ADR) (SHEL)](/companies/shel.md) | ADR | $34.8m | 0.3% | 448,464 |  | Added +149,430 |
| Coca Cola Euro Pacific Partner | COM | $30.5m | 0.3% | 304,979 |  | Reduced −59,539 |
| [ICICI Bank Ltd. (ADR) (IBN)](/companies/ibn.md) | ADR | $30.5m | 0.3% | 1,050,299 |  | Reduced −240,427 |
| [Sanofi (ADR) (SNY)](/companies/sny.md) | ADR | $26.3m | 0.3% | 615,593 |  | Added +22,292 |
| [Honeywell International Inc. (HON)](/companies/hon.md) | COM | $23.9m | 0.2% | 106,631 |  | New +106,631 |
| [Honeywell Aerospace Inc. (HONA)](/companies/hona.md) | COM | $23.6m | 0.2% | 106,610 |  | New +106,610 |
| [Kaspi.kz JSC (ADR) (KSPI)](/companies/kspi.md) | ADR | $20.3m | 0.2% | 234,294 |  | New +234,294 |
| iShares MSCI Taiwan ETF | COM | $17.4m | 0.2% | 160,199 |  | Added +4,685 |
| [KB Financial Group Inc. (ADR) (KB)](/companies/kb.md) | ADR | $13.7m | 0.1% | 130,140 |  | Added +23,389 |
| [Applied Materials Inc. (AMAT)](/companies/amat.md) | COM | $11.9m | 0.1% | 16,439 |  | Reduced −2,429 |
| [Axia Energia ADR (AXIAY)](/companies/axiay.md) | ADR | $11.0m | 0.1% | 1,038,647 |  | Added +304,513 |
| State Street Communication Ser | COM | $8.2m | <0.1% | 76,370 |  | Added +70,492 |
| State Street Health Care Selec | COM | $8.2m | <0.1% | 51,416 |  | Added +44,036 |
| [Itau Unibanco Holding SA (ADR) (ITUB)](/companies/itub.md) | ADR | $7.6m | <0.1% | 929,368 |  | Added +50,689 |
| [KT Corp. (ADR) (KT)](/companies/kt.md) | ADR | $6.5m | <0.1% | 378,147 |  | Added +115,251 |
| Eaton Corp. PLC | COM | $6.1m | <0.1% | 14,337 |  | Reduced −182 |
| [American Express Co. (AXP)](/companies/axp.md) | COM | $5.0m | <0.1% | 14,915 |  | Added +435 |
| [BorgWarner Inc. (BWA)](/companies/bwa.md) | COM | $4.9m | <0.1% | 74,351 |  | Reduced −15,872 |
| [Arrow Electronics Inc. (ARW)](/companies/arw.md) | COM | $4.5m | <0.1% | 20,980 |  | Reduced −365 |
| [Walmart Inc. (WMT)](/companies/wmt.md) | COM | $4.4m | <0.1% | 38,704 |  | Reduced −2,820 |
| [The Walt Disney Co. (DIS)](/companies/dis.md) | COM | $4.1m | <0.1% | 42,518 |  | Added +3,587 |
| [The Allstate Corp. (ALL)](/companies/all.md) | COM | $4.0m | <0.1% | 16,951 |  | Reduced −149 |
| WisdomTree India Earnings Fund | COM | $4.0m | <0.1% | 93,411 |  | Reduced −20,736 |
| [The Cigna Group (CI)](/companies/ci.md) | COM | $4.0m | <0.1% | 14,417 |  | Reduced −80 |
| iShares MSCI Chile ETF | COM | $3.5m | <0.1% | 88,688 |  | Added +5,276 |
| [Mondelez International Inc. (MDLZ)](/companies/mdlz.md) | COM | $3.5m | <0.1% | 60,200 |  | Added +1,477 |
| Axalta Coating Systems Ltd. | COM | $3.3m | <0.1% | 97,586 |  | Reduced −591 |
| [Oracle Corp. (ORCL)](/companies/orcl.md) | COM | $3.3m | <0.1% | 22,741 |  | Added +2,308 |
| [Sempra (SRE)](/companies/sre.md) | COM | $3.3m | <0.1% | 35,807 |  | Added +8,379 |
| [Energy Transfer LP (ET)](/companies/et.md) | COM | $3.1m | <0.1% | 163,181 |  | Reduced −46,736 |
| [Enterprise Products Partners L (EPD)](/companies/epd.md) | COM | $2.9m | <0.1% | 80,089 |  | Reduced −19,726 |
| iShares MSCI EAFE Value ETF | COM | $2.9m | <0.1% | 38,095 |  | Reduced −40,560 |
| [Packaging Corp. of America (PKG)](/companies/pkg.md) | COM | $2.8m | <0.1% | 11,686 |  | Reduced −117 |
| [Micron Technology Inc. (MU)](/companies/mu.md) | COM | $2.6m | <0.1% | 2,223 |  | Reduced −2,674 |
| [Raymond James Financial Inc. (RJF)](/companies/rjf.md) | COM | $2.6m | <0.1% | 16,866 |  | Unchanged |
| [CSX Corp. (CSX)](/companies/csx.md) | COM | $2.4m | <0.1% | 49,968 |  | Added +3,906 |
| [Alphabet Inc. (GOOGL)](/companies/googl.md) | COM | $2.4m | <0.1% | 6,643 |  | Unchanged |
| [The JM Smucker Co. (SJM)](/companies/sjm.md) | COM | $2.3m | <0.1% | 20,587 |  | Reduced −2,400 |
| [Canadian National Railway Co. (CNI)](/companies/cni.md) | COM | $2.3m | <0.1% | 19,278 |  | Added +216 |
| [Simon Property Group Inc. (SPG)](/companies/spg.md) | COM | $2.2m | <0.1% | 9,821 |  | Unchanged |
| Nu Holdings | COM | $2.2m | <0.1% | 162,115 |  | New +162,115 |
| [DuPont De Nemours Inc. (DD)](/companies/dd.md) | COM | $2.1m | <0.1% | 15,341 |  | New +15,341 |
| State Street SPDR Bloomberg 1- | COM | $2.0m | <0.1% | 22,099 |  | Reduced −554,963 |
| [AbbVie Inc. (ABBV)](/companies/abbv.md) | COM | $1.8m | <0.1% | 7,152 |  | Added +5,715 |
| [BOEING CO/THE (BA)](/companies/ba.md) | COM | $1.7m | <0.1% | 7,818 |  | Added +147 |
| [Archer-Daniels-Midland Co. (ADM)](/companies/adm.md) | COM | $1.7m | <0.1% | 21,630 |  | Reduced −251 |
| Sensata Technologies Holding P | COM | $1.4m | <0.1% | 29,638 |  | Reduced −292 |
| [Marriot Vacations Worldwide Co (VAC)](/companies/vac.md) | COM | $1.3m | <0.1% | 12,870 |  | Reduced −357 |
| State Street Consumer Discreti | COM | $1.2m | <0.1% | 9,833 |  | Added +2,365 |
| [McDonald's Corp. (MCD)](/companies/mcd.md) | COM | $1.1m | <0.1% | 4,137 |  | Reduced −229 |
| [Adobe Systems Inc. (ADBE)](/companies/adbe.md) | COM | $1.1m | <0.1% | 5,431 |  | Added +974 |
| [The Clorox Co. (CLX)](/companies/clx.md) | COM | $1.0m | <0.1% | 10,694 |  | Added +676 |
| [Avient Corp. (AVNT)](/companies/avnt.md) | COM | $1.0m | <0.1% | 27,416 |  | Reduced −544 |
| [WP Carey Inc. (WPC)](/companies/wpc.md) | COM | $987.9k | <0.1% | 13,817 |  | Unchanged |
| State Street Technology Select | COM | $986.7k | <0.1% | 5,179 |  | Reduced −427 |
| State Street Consumer Staples | COM | $983.0k | <0.1% | 11,834 |  | Added +131 |
| [Xylem Inc. (XYL)](/companies/xyl.md) | COM | $965.4k | <0.1% | 8,167 |  | Reduced −608 |
| [Veralto Corp. (VLTO)](/companies/vlto.md) | COM | $935.3k | <0.1% | 10,547 |  | Reduced −8 |
| [PepsiCo Inc. (PEP)](/companies/pep.md) | COM | $842.7k | <0.1% | 6,224 |  | Unchanged |
| [Ameris Bancorp (ABCB)](/companies/abcb.md) | COM | $825.2k | <0.1% | 9,142 |  | Reduced −109 |
| [Axia Energia Preferred C (ADR) (AXIAY)](/companies/axiay.md) | ADR | $821.8k | <0.1% | 77,893 |  | Reduced −844 |
| [American States Water Co. (AWR)](/companies/awr.md) | COM | $816.2k | <0.1% | 9,878 |  | Added +87 |
| [Advanced Drainage Systems Inc. (WMS)](/companies/wms.md) | COM | $813.7k | <0.1% | 5,184 |  | Added +916 |
| [Zoetis Inc. (ZTS)](/companies/zts.md) | COM | $801.4k | <0.1% | 11,152 |  | Added +1,743 |
| [Latham Group Inc. (SWIM)](/companies/swim.md) | COM | $799.2k | <0.1% | 123,530 |  | Added +16,136 |
| [Apple Inc. (AAPL)](/companies/aapl.md) | COM | $763.9k | <0.1% | 2,640 |  | Unchanged |
| Pentair PLC | COM | $752.0k | <0.1% | 9,810 |  | Added +74 |
| [Essential Utilites Inc. (WTRG)](/companies/wtrg.md) | COM | $728.4k | <0.1% | 19,014 |  | Reduced −7,888 |
| [Public Service Enterprise Grou (PEG)](/companies/peg.md) | COM | $726.2k | <0.1% | 8,948 |  | Unchanged |
| [The Coca-Cola Co. (KO)](/companies/ko.md) | COM | $721.6k | <0.1% | 8,879 |  | Unchanged |
| [WesBanco Inc. (WSBC)](/companies/wsbc.md) | COM | $704.7k | <0.1% | 18,055 |  | Reduced −336 |
| [The York Water Co. (YORW)](/companies/yorw.md) | COM | $701.9k | <0.1% | 22,899 |  | Added +11,092 |
| [First Interstate Bancsystem In (FIBK)](/companies/fibk.md) | COM | $700.9k | <0.1% | 18,177 |  | Reduced −216 |
| [Companhia de Saneamento Basico (ADR) (SBS)](/companies/sbs.md) | ADR | $694.3k | <0.1% | 120,127 |  | Added +91,582 |
| [Fortune Brands Innovations Inc (FBIN)](/companies/fbin.md) | COM | $678.2k | <0.1% | 12,353 |  | Added +4,478 |
| [Masterbrand Inc. (MBC)](/companies/mbc.md) | COM | $669.3k | <0.1% | 65,046 |  | Added +4,591 |
| [Tetra Tech Inc. (TTEK)](/companies/ttek.md) | COM | $667.2k | <0.1% | 23,096 |  | Added +3,259 |
| [M/I Homes Inc. (MHO)](/companies/mho.md) | COM | $658.4k | <0.1% | 4,095 |  | Reduced −1,794 |
| [Badger Meter Inc. (BMI)](/companies/bmi.md) | COM | $658.2k | <0.1% | 4,436 |  | Added +2,344 |
| [Core & Main Inc (CNM)](/companies/cnm.md) | COM | $643.2k | <0.1% | 13,330 |  | Added +424 |
| [California Water Service Group (CWT)](/companies/cwt.md) | COM | $635.4k | <0.1% | 13,060 |  | Reduced −19 |
| [Quaker Chemical Corp. (KWR)](/companies/kwr.md) | COM | $628.3k | <0.1% | 3,955 |  | Reduced −134 |
| [LendingTree Inc. (TREE)](/companies/tree.md) | COM | $624.0k | <0.1% | 14,088 |  | Reduced −5,853 |
| [Pool Corp. (POOL)](/companies/pool.md) | COM | $602.6k | <0.1% | 2,804 |  | Reduced −432 |
| State Street Real Estate Selec | COM | $600.8k | <0.1% | 13,645 |  | Reduced −30,317 |
| [SouthState Bank Corp. (SSB)](/companies/ssb.md) | COM | $600.1k | <0.1% | 6,007 |  | Reduced −101 |
| [Barrett Business Services Inc. (BBSI)](/companies/bbsi.md) | COM | $598.3k | <0.1% | 16,844 |  | Added +1,332 |
| [Laureate Education Inc. (LAUR)](/companies/laur.md) | COM | $592.7k | <0.1% | 16,320 |  | Reduced −28,608 |
| [H2O America (HTO)](/companies/hto.md) | COM | $568.7k | <0.1% | 9,359 |  | Reduced −2,099 |
| [Simons First National Corp. (SFNC)](/companies/sfnc.md) | COM | $567.8k | <0.1% | 25,070 |  | Reduced −531 |
| [American Water Works Company I (AWK)](/companies/awk.md) | COM | $561.6k | <0.1% | 4,268 |  | Reduced −1,068 |
| State Street Industrial Select | COM | $549.0k | <0.1% | 2,964 |  | Reduced −1,971 |
| [Douglas Elliman Inc. (DOUG)](/companies/doug.md) | COM | $547.4k | <0.1% | 309,289 |  | Reduced −103,936 |
| [PennyMac Financial Services In (PFSI)](/companies/pfsi.md) | COM | $545.8k | <0.1% | 6,266 |  | Added +523 |
| [Cousins Properties Inc. (CUZ)](/companies/cuz.md) | COM | $518.8k | <0.1% | 17,304 |  | Reduced −6,047 |
| [Select Water Solutions Inc. (WTTR)](/companies/wttr.md) | COM | $497.5k | <0.1% | 24,901 |  | Reduced −9,762 |
| [Stantec Inc. (STN)](/companies/stn.md) | COM | $494.4k | <0.1% | 7,175 |  | Added +195 |
| [CVS Health Corp. (CVS)](/companies/cvs.md) | COM | $490.9k | <0.1% | 4,745 |  | Unchanged |
| [The Procter & Gamble Co. (PG)](/companies/pg.md) | COM | $487.3k | <0.1% | 3,323 |  | Reduced −233 |
| iShares Russell 1000 Value ETF | COM | $484.9k | <0.1% | 2,000 |  | Reduced −8,026 |
| [Devon Energy Corp. (DVN)](/companies/dvn.md) | COM | $411.9k | <0.1% | 9,969 |  | New +9,969 |
| [Belden Inc. (BDC)](/companies/bdc.md) | COM | $407.8k | <0.1% | 3,401 |  | Reduced −115 |
| [Canadian Pacific Kansas City L (CP)](/companies/cp.md) | COM | $404.3k | <0.1% | 4,666 |  | Reduced −238 |
| [Solstice Advanced Materials In (SOLS)](/companies/sols.md) | COM | $400.1k | <0.1% | 4,516 |  | Unchanged |
| [Highwoods Properties Inc. (HIW)](/companies/hiw.md) | COM | $398.6k | <0.1% | 13,217 |  | Reduced −444 |
| [Prologis Inc. (PLD)](/companies/pld.md) | COM | $395.6k | <0.1% | 2,920 |  | Unchanged |
| [Portland General Electric Co. (POR)](/companies/por.md) | COM | $394.5k | <0.1% | 7,612 |  | Reduced −60 |
| [Artesian Resources Corp. (ARTNA)](/companies/artna.md) | COM | $393.7k | <0.1% | 11,583 |  | Added +2,754 |
| [Huntsman Corp. (HUN)](/companies/hun.md) | COM | $393.2k | <0.1% | 37,023 |  | Reduced −1,244 |
| [Middlesex Water Co. (MSEX)](/companies/msex.md) | COM | $389.9k | <0.1% | 6,943 |  | Added +1,699 |
| [Enterprise Financial Services (EFSC)](/companies/efsc.md) | COM | $383.5k | <0.1% | 5,821 |  | Reduced −196 |
| [Dominion Energy Inc. (D)](/companies/d.md) | COM | $365.1k | <0.1% | 5,346 |  | Reduced −10 |
| [Valmont Industries Inc. (VMI)](/companies/vmi.md) | COM | $357.5k | <0.1% | 619 |  | Reduced −24 |
| [Malibu Boats Inc. (MBUU)](/companies/mbuu.md) | COM | $348.5k | <0.1% | 12,706 |  | Added +1,580 |
| [LoanDepot Inc. (LDI)](/companies/ldi.md) | COM | $346.9k | <0.1% | 277,526 |  | Added +11,921 |
| iShares MSCI India ETF | COM | $316.5k | <0.1% | 6,408 |  | Reduced −21,980 |
| iShares MSCI Malaysia ETF | COM | $311.5k | <0.1% | 11,560 |  | New +11,560 |
| [Varex Imaging Corp. (VREX)](/companies/vrex.md) | COM | $300.5k | <0.1% | 28,808 |  | Added +7,687 |
| [John B. Sanfilippo & Son Inc. (JBSS)](/companies/jbss.md) | COM | $296.7k | <0.1% | 3,450 |  | Reduced −115 |
| [A.O. Smith Corp. (AOS)](/companies/aos.md) | COM | $294.8k | <0.1% | 4,701 |  | Added +339 |
| Consolidated Water Company Ltd | COM | $293.6k | <0.1% | 9,952 |  | Reduced −19 |
| State Street Financial Select | COM | $283.9k | <0.1% | 5,296 |  | Reduced −1,926 |
| State Street Utilities Select | COM | $283.4k | <0.1% | 6,250 |  | New +6,250 |
| [Carter's Inc. (CRI)](/companies/cri.md) | COM | $258.2k | <0.1% | 6,274 |  | Reduced −162 |
| [Ecolab Inc. (ECL)](/companies/ecl.md) | COM | $257.4k | <0.1% | 924 |  | Reduced −43 |
| [Royal Bank of Canada (RY)](/companies/ry.md) | COM | $251.5k | <0.1% | 1,215 |  | New +1,215 |
| [Newmark Group Inc. (NMRK)](/companies/nmrk.md) | COM | $247.7k | <0.1% | 16,394 |  | Reduced −546 |
| [Masco Corp. (MAS)](/companies/mas.md) | COM | $244.4k | <0.1% | 3,003 |  | New +3,003 |
| [Global Water Resources Inc. (GWRS)](/companies/gwrs.md) | COM | $242.3k | <0.1% | 33,471 |  | Reduced −53 |
| [Viper Energy Inc (VNOM)](/companies/vnom.md) | COM | $228.9k | <0.1% | 5,399 |  | Reduced −1,704 |
| [Lindsay Corp. (LNN)](/companies/lnn.md) | COM | $228.4k | <0.1% | 1,845 |  | Reduced −3 |
| [Agree Realty Corp. (ADC)](/companies/adc.md) | COM | $223.4k | <0.1% | 2,950 |  | Unchanged |
| [Essential Properties Realty Tr (EPRT)](/companies/eprt.md) | COM | $212.5k | <0.1% | 7,120 |  | Unchanged |
| [Terex Corp. (TEX)](/companies/tex.md) | COM | $209.6k | <0.1% | 2,896 |  | New +2,896 |
| [Energy Recovery Inc. (ERII)](/companies/erii.md) | COM | $166.5k | <0.1% | 18,459 |  | New +18,459 |
| [Nokia OYJ (ADR) (NOK)](/companies/nok.md) | ADR | $160.2k | <0.1% | 12,060 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| Coterra Energy Inc. | COM | $0 | 0.0% | 0 |  | Sold out −14,441 |
| DuPont De Nemours Inc. | COM | $0 | 0.0% | 0 |  | Sold out −23,290 |
| Exxon Mobil Corp. | COM | $0 | 0.0% | 0 |  | Sold out −1,499,613 |
| [Fidelity National Information (FIS)](/companies/fis.md) | COM | $0 | 0.0% | 0 |  | Sold out −22,665 |
| Great Lakes Dredge & Dock Corp | COM | $0 | 0.0% | 0 |  | Sold out −28,963 |
| Honeywell International Inc. | COM | $0 | 0.0% | 0 |  | Sold out −213,520 |
| iShares Global Timber & Forest | COM | $0 | 0.0% | 0 |  | Sold out −5,430 |
| iShares MSCI ACWI ex US ETF | COM | $0 | 0.0% | 0 |  | Sold out −13,806 |
| iShares MSCI Emerging Markets | COM | $0 | 0.0% | 0 |  | Sold out −20,700 |
| iShares S&P Latin America 40 E | COM | $0 | 0.0% | 0 |  | Sold out −9,108 |
| [Northrop Grumman Corp. (NOC)](/companies/noc.md) | COM | $0 | 0.0% | 0 |  | Sold out −334 |
| [Power Solutions International (PSIX)](/companies/psix.md) | COM | $0 | 0.0% | 0 |  | Sold out −6,090 |
| [Rayonier Inc. (RYN)](/companies/ryn.md) | COM | $0 | 0.0% | 0 |  | Sold out −10,776 |
| [SM Energy Co. (SM)](/companies/sm.md) | COM | $0 | 0.0% | 0 |  | Sold out −8,206 |
| [SPDR Dow Jones Industrial Aver (DIA)](/companies/dia.md) | COM | $0 | 0.0% | 0 |  | Sold out −520 |
| [Suzano SA (ADR) (SUZ)](/companies/suz.md) | ADR | $0 | 0.0% | 0 |  | Sold out −21,440 |
| [Waters Corp. (WAT)](/companies/wat.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,020 |
| [Weyerhaeuser Co. (WY)](/companies/wy.md) | COM | $0 | 0.0% | 0 |  | Sold out −14,317 |

Source: SEC EDGAR, Form 13F-HR, accession 0001193125-26-349619. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.