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Holders — by stockHoldings — by fund

Cullen Capital Management, LLC

Everything this manager disclosed owning in US-listed stocks — its complete Form 13F portfolio · as of 2026-06-30 · filed with the SEC up to 45 days after quarter end · CIK 0001362535

$10.17B

disclosed book value

208

positions

3.1%

largest position share

Positions, as of 2026-06-30

top 100 of 208 · 13F covers long US-listed positions only — cash, bonds, private and foreign stakes are not disclosed · PUT/CALL tags = options positions (share-equivalents), not shares held

#IssuerSharesValue% of book
1NVSNovartis AG (ADR)2.0M$318.6M3.1%
2CSCOCisco Systems Inc.2.6M$300.4M3%
3MSMorgan Stanley1.4M$295.5M2.9%
4JNJJohnson & Johnson1.1M$279.1M2.7%
5CCitigroup Inc.1.9M$270.0M2.7%
6JPMJP Morgan Chase & Co.810,780$265.4M2.6%
7MRKMerck & Co. Inc.2.0M$259.2M2.5%
8BACBank of America Corp.4.3M$247.1M2.4%
9DUKDuke Energy Corp.1.9M$244.7M2.4%
10Johnson Controls International1.7M$244.2M2.4%
11GDGeneral Dynamics Corp.675,358$239.2M2.4%
12Chubb Ltd.674,693$229.9M2.3%
13TFCTruist Financial Corp4.5M$222.9M2.2%
14RTXRTX Corp1.2M$218.5M2.1%
15PMPhilip Morris International In1.2M$216.7M2.1%
16NEENextEra Energy Inc.2.4M$212.3M2.1%
17DOCHealthpeak Properties Inc9.8M$209.0M2.1%
18XOMExxonMobil Holdings Corp.1.5M$204.0M2%
19Medtronic PLC2.6M$202.8M2%
20AVGOBroadcom Ltd.532,119$201.0M2%
21UNHUnitedHealth Group Inc.475,519$197.6M1.9%
22VICIVici Properties Inc.7.0M$185.0M1.8%
23COPConocoPhillips1.7M$181.8M1.8%
24UPSUnited Parcel Service Inc.1.7M$178.1M1.8%
25QCOMQualcomm Inc.939,601$173.6M1.7%
26GPCGenuine Parts Co.1.4M$166.5M1.6%
27MOAltria Group Inc.2.3M$166.3M1.6%
28ULUnilever PLC (ADR)2.7M$165.1M1.6%
29TRVThe Travelers Companies Inc.480,235$158.5M1.6%
30TGTTarget Corp.1.1M$145.8M1.4%
31CVXChevron Corp.859,592$142.5M1.4%
32LOWLowe's Companies Inc.631,354$139.2M1.4%
33BTIBritish American Tobacco PLC (ADR)2.2M$134.4M1.3%
34CMCSAComcast Corp. (Cl A)5.3M$129.8M1.3%
35QSRRestaurant Brands Internationa1.8M$128.3M1.3%
36BDXBecton Dickinson & Co.824,720$124.8M1.2%
37TAT&T Inc.5.7M$118.4M1.2%
38MSFTMicrosoft Corp.292,959$109.3M1.1%
39BCEBCE Inc.5.0M$107.0M1.1%
40ASXASE Technology Holding Company (ADR)2.1M$94.3M0.9%
41Copa Holdings SA571,263$88.9M0.9%
42TSMTaiwan Semiconductor Manufacturing (ADR)179,777$85.9M0.8%
43OMCOmnicom Group Inc.1.2M$85.7M0.8%
44DEODiageo PLC (ADR)1.0M$81.9M0.8%
45CCICrown Castle Inc.1.0M$77.7M0.8%
46IBMInternational Business Machine254,463$71.6M0.7%
47Millicom Intl Cellular785,131$71.3M0.7%
48NGGNational Grid PLC (ADR)815,548$67.6M0.7%
49TMToyota Motor Corp. (ADR)391,325$65.9M0.6%
50SYYSysco Corp.782,576$65.4M0.6%
51BMYBristol-Myers Squibb Co.1.1M$65.2M0.6%
52RIORio Tinto PLC (ADR)684,440$65.0M0.6%
53Smurfit Westrock PLC1.4M$62.9M0.6%
54EOGEOG Resources Inc.479,999$62.3M0.6%
55ENBEnbridge Inc.1.1M$62.1M0.6%
56PFEPfizer Inc.2.4M$58.9M0.6%
57NVONovo Nordisk A/S (ADR)1.2M$58.7M0.6%
58TotalEnergies SE718,986$55.9M0.5%
59KDPKeurig Dr Pepper Inc1.7M$55.7M0.5%
60PWCDFPower Corporation of Canada886,766$55.1M0.5%
61PPLPPL Corp.1.5M$54.6M0.5%
62VZVerizon Communications Inc.1.2M$50.6M0.5%
63KOFCoca-Cola Femsa SAB de CV (ADR)447,737$47.6M0.5%
64PBRPetroleo Brasileiro SA (ADR)2.9M$47.2M0.5%
65FHNFirst Horizon Corp.1.8M$47.0M0.5%
66IXORIX Corp. (ADR)1.2M$46.4M0.5%
67DOWDow Inc1.7M$45.4M0.4%
68PPGPPG Industries Inc.373,663$45.3M0.4%
69PNCThe PNC Financial Services Gro181,298$44.6M0.4%
70AIGAmerican International Group I573,977$42.8M0.4%
71UNPUnion Pacific Corp.152,353$41.4M0.4%
72EWYiShares MSCI South Korea ETF201,699$40.7M0.4%
73SHELShell PLC (ADR)448,464$34.8M0.3%
74Coca Cola Euro Pacific Partner304,979$30.5M0.3%
75IBNICICI Bank Ltd. (ADR)1.1M$30.5M0.3%
76SNYSanofi (ADR)615,593$26.3M0.3%
77HONHoneywell International Inc.106,631$23.9M0.2%
78HONAHoneywell Aerospace Inc.106,610$23.6M0.2%
79KSPIKaspi.kz JSC (ADR)234,294$20.3M0.2%
80EWTiShares MSCI Taiwan ETF160,199$17.4M0.2%
81KBKB Financial Group Inc. (ADR)130,140$13.7M0.1%
82AMATApplied Materials Inc.16,439$11.9M0.1%
83AXIAYAxia Energia ADR1.0M$11.0M0.1%
84XLCState Street Communication Ser76,370$8.2M0.1%
85XLVState Street Health Care Selec51,416$8.2M0.1%
86ITUBItau Unibanco Holding SA (ADR)929,368$7.6M0.1%
87KTKT Corp. (ADR)378,147$6.5M0.1%
88Eaton Corp. PLC14,337$6.1M0.1%
89AXPAmerican Express Co.14,915$5.0M0%
90BWABorgWarner Inc.74,351$4.9M0%
91ARWArrow Electronics Inc.20,980$4.5M0%
92WMTWalmart Inc.38,704$4.4M0%
93DISThe Walt Disney Co.42,518$4.1M0%
94ALLThe Allstate Corp.16,951$4.0M0%
95EPIWisdomTree India Earnings Fund93,411$4.0M0%
96CIThe Cigna Group14,417$4.0M0%
97ECHiShares MSCI Chile ETF88,688$3.5M0%
98MDLZMondelez International Inc.60,200$3.5M0%
99Axalta Coating Systems Ltd.97,586$3.3M0%
100ORCLOracle Corp.22,741$3.3M0%

Source: SEC Form 13F-HR, reporting period 2026-06-30. Values are the manager's filed June-30-style quarter-end marks, not live prices. Research, not investment advice.

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