Cullen Capital Management, Llc Portfolio Stock Holdings

Cullen Capital Management, Llc disclosed 213 stock positions valued at approximately $9.8 billion in its latest SEC 13F filing. The largest holdings include Novartis AG (ADR), Cisco Systems Inc., and Johnson & Johnson. The filing reflects positions held as of March 31, 2026 and was filed on May 15, 2026.

Report Period
March 31, 2026
No. of Stocks
213
Portfolio Value
$9.8B
Holdings by Sector
Cullen Capital Management, Llc Portfolio Holdings in Q1 2026

204 holdings in the latest reporting period.

Page 1 of 3
CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
Novartis AG (ADR)NVSHealthcare3.19%2,037,962-42,834-2.06%$311,298,749
Cisco Systems Inc.CSCOTechnology2.90%3,645,540-86,896-2.33%$282,857,465
Johnson & JohnsonJNJHealthcare2.79%1,114,929-44,117-3.81%$272,533,287
Exxon Mobil Corp.XOMEnergy2.61%1,499,613-193,525-11.43%$254,424,411
Bank of America Corp.BACFinancial Services2.58%5,164,917-5,348-0.10%$251,789,692
Duke Energy Corp.DUKUtilities2.58%1,921,458+14,741+0.77%$251,595,732
Citigroup Inc.CFinancial Services2.58%2,218,190-84,558-3.67%$251,564,875
Merck & Co. Inc.MRKHealthcare2.56%2,073,354-217,687-9.50%$249,403,764
JP Morgan Chase & Co.JPMFinancial Services2.44%808,648-33,191-3.94%$237,871,943
Morgan StanleyMSFinancial Services2.42%1,433,565-71,362-4.74%$235,921,766
ConocoPhillipsCOPEnergy2.42%1,785,399-129,654-6.77%$235,672,613
General Dynamics Corp.GDIndustrials2.37%673,189-21,992-3.16%$231,052,014
Medtronic PLCMDTOther2.34%2,630,944+135,738+5.44%$227,971,267
NextEra Energy Inc.NEEUtilities2.31%2,427,317-32,736-1.33%$225,449,183
RTX CorpRTXIndustrials2.28%1,152,069-38,122-3.20%$222,234,057
Johnson Controls InternationalJCIIndustrials2.27%1,690,728-38,066-2.20%$221,400,851
Chubb Ltd.CBFinancial Services2.25%674,033-7,696-1.13%$219,687,522
Comcast Corp. (Cl A)CMCSACommunication Services2.10%7,149,769+2,990,457+71.90%$205,269,873
Truist Financial CorpTFCFinancial Services2.10%4,454,809+107,776+2.48%$204,787,575
Philip Morris International InPMConsumer Defensive2.01%1,187,104-4,463-0.37%$196,275,781
Vici Properties Inc.VICIReal Estate1.90%6,788,489+1,099,949+19.34%$185,461,533
Chevron Corp.CVXEnergy1.86%876,053+5,275+0.61%$181,255,348
Healthpeak Properties IncDOCReal Estate1.85%10,991,301+1,743,957+18.86%$180,587,083
AT&T Inc.TCommunication Services1.70%5,714,670+155+0.00%$165,668,285
Genuine Parts Co.GPCConsumer Cyclical1.70%1,564,620+228,030+17.06%$165,458,559
Broadcom Ltd.AVGOTechnology1.69%533,686+2,288+0.43%$165,181,034
United Parcel Service Inc.UPSIndustrials1.64%1,623,438+541,971+50.11%$159,713,794
Altria Group Inc.MOConsumer Defensive1.61%2,374,542+36,466+1.56%$156,696,004
BCE Inc.BCECommunication Services1.54%5,966,886+273,193+4.80%$150,604,208
Lowe's Companies Inc.LOWConsumer Cyclical1.49%614,677+6,902+1.14%$145,235,859
The Travelers Companies Inc.TRVFinancial Services1.44%482,691-14,480-2.91%$140,791,184
Target Corp.TGTConsumer Defensive1.41%1,134,244+208,802+22.56%$137,470,413
UnitedHealth Group Inc.UNHHealthcare1.31%472,736+139,842+42.01%$127,917,747
Qualcomm Inc.QCOMTechnology1.18%897,217+34,139+3.96%$115,543,574
Becton Dickinson & Co.BDXHealthcare1.18%729,161+31,384+4.50%$114,645,937
Dow IncDOWBasic Materials1.09%2,563,614+306,133+13.56%$106,774,542
Crown Castle Inc.CCIReal Estate0.99%1,188,440+122,051+11.45%$96,632,067
Omnicom Group Inc.OMCCommunication Services0.90%1,164,690+83,712+7.74%$87,712,803
ASE Technology Holding Company (ADR)ASXTechnology0.89%4,011,499-1,595,882-28.46%$86,969,306
Restaurant Brands InternationaQSRConsumer Cyclical0.84%1,105,654+1,105,654+100.00%$81,707,831
British American Tobacco PLC (ADR) BTIConsumer Defensive0.81%1,343,678+8,715+0.65%$78,564,870
Pfizer Inc.PFEHealthcare0.78%2,693,507+596,176+28.43%$75,633,674
Microsoft Corp.MSFTTechnology0.77%201,639-1,324-0.65%$74,640,534
Diageo PLC (ADR)DEOConsumer Defensive0.74%964,223+314,012+48.29%$71,786,424
EOG Resources Inc.EOGEnergy0.72%487,665+34,811+7.69%$70,501,657
Bristol-Myers Squibb Co.BMYHealthcare0.70%1,119,669-57,057-4.85%$67,907,923
National Grid PLC (ADR)NGGUtilities0.69%794,204+32,229+4.23%$67,189,628
Taiwan Semiconductor Manufacturing (ADR)TSMTechnology0.66%191,617-46,188-19.42%$64,756,965
Toyota Motor Corp. (ADR)TMConsumer Cyclical0.66%312,605+76,250+32.26%$64,424,762
Millicom Intl CellularTIGOOther0.64%827,675+171,067+26.05%$62,025,965
Rio Tinto PLC (ADR)RIOBasic Materials0.63%656,864+157,996+31.67%$61,278,876
Enbridge Inc.ENBEnergy0.62%1,122,777+58,872+5.53%$60,787,171
PPL Corp.PPLUtilities0.60%1,541,645+32,219+2.13%$58,890,823
Petroleo Brasileiro SA (ADR)PBREnergy0.60%2,810,725+539,456+23.75%$58,322,536
State Street SPDR Bloomberg 1-BILOther0.54%577,062+565,791+5019.88%$52,881,962
Smurfit Westrock PLCSWOther0.51%1,245,910+321,462+34.77%$49,649,532
Honeywell International Inc.HONIndustrials0.49%213,520+195,452+1081.76%$48,261,926
Copa Holdings SAP31076105Other0.48%413,272+249,715+152.68%$46,951,832
Keurig Dr Pepper IncKDPConsumer Defensive0.48%1,764,275+285,549+19.31%$46,453,373
First Horizon Corp.FHNFinancial Services0.46%1,964,675-65,782-3.24%$44,716,003
Sysco Corp.SYYConsumer Defensive0.44%606,808-12,474-2.01%$43,283,633
American International Group IAIGFinancial Services0.44%570,513+76,240+15.42%$42,931,103
Coca-Cola Femsa SAB de CV (ADRKOFConsumer Defensive0.42%423,141-500-0.12%$41,277,381
PPG Industries Inc.PPGBasic Materials0.42%383,417-2,733-0.71%$40,979,590
International Business MachineIBMTechnology0.42%168,806+14,218+9.20%$40,916,985
Verizon Communications Inc.VZCommunication Services0.41%804,544-456,102-36.18%$40,388,102
The PNC Financial Services GroPNCFinancial Services0.39%181,170-78,614-30.26%$37,699,767
Union Pacific Corp.UNPIndustrials0.38%151,877-3,788-2.43%$36,848,398
ICICI Bank Ltd. (ADR)IBNFinancial Services0.34%1,290,726-456,661-26.13%$33,429,803
Coca Cola Euro Pacific PartnerG25839104Other0.34%364,518-126,540-25.77%$33,050,862
ORIX Corp. (ADR)IXFinancial Services0.33%1,080,361+1,080,361+100.00%$32,400,026
Novo Nordisk A/S (ADR)NVOHealthcare0.30%792,355+244,835+44.72%$29,119,060
Sanofi (ADR)SNYHealthcare0.29%593,301+232,524+64.45%$28,585,242
iShares MSCI South Korea ETFEWYOther0.29%226,640-42,592-15.82%$27,878,986
Shell PLC (ADR)SHELEnergy0.29%299,034-181,313-37.75%$27,810,204
iShares MSCI Taiwan ETFEWTOther0.11%155,514+539+0.35%$11,029,053
KB Financial Group Inc. (ADR)KBFinancial Services0.11%106,751-3,979-3.59%$10,646,277
Axia Energia ADREBRUtilities0.08%734,134+403,917+122.32%$8,281,032
Itau Unibanco Holding SA (ADR)ITUBFinancial Services0.08%878,679+192,807+28.11%$7,363,330
Applied Materials Inc.AMATTechnology0.07%18,868-1,242-6.18%$6,448,894
iShares MSCI EAFE Value ETFEFVOther0.06%78,655-139,235-63.90%$5,847,999
KT Corp. (ADR)KTCommunication Services0.06%262,896+251,366+2180.10%$5,639,119
Eaton Corp. PLCETNOther0.05%14,519+215+1.50%$5,193,011
Walmart Inc.WMTConsumer Defensive0.05%41,524-495-1.18%$5,160,187
BorgWarner Inc.BWAConsumer Cyclical0.05%90,223+1,412+1.59%$4,895,500
WisdomTree India Earnings FundEPIOther0.05%114,147+25,188+28.31%$4,657,198
American Express Co.AXPFinancial Services0.04%14,480-2,497-14.71%$4,379,910
Energy Transfer LPETEnergy0.04%209,917+75,696+56.40%$4,051,398
The Cigna GroupCIHealthcare0.04%14,497+585+4.21%$3,867,075
Enterprise Products Partners LEPDEnergy0.04%99,815+21,612+27.64%$3,777,000
The Walt Disney Co.DISCommunication Services0.04%38,931+1,478+3.95%$3,752,170
The Allstate Corp.ALLFinancial Services0.04%17,100-456-2.60%$3,545,514
Mondelez International Inc.MDLZConsumer Defensive0.03%58,723+2,586+4.61%$3,384,794
iShares MSCI Chile ETFECHOther0.03%83,412+83,412+100.00%$3,316,461
Arrow Electronics Inc.ARWTechnology0.03%21,345-503-2.30%$3,061,086
Oracle Corp.ORCLTechnology0.03%20,433-1,012-4.72%$3,005,899
Axalta Coating Systems Ltd.AXTAOther0.03%98,177-14-0.01%$2,719,503
SempraSREUtilities0.03%27,428+2,978+12.18%$2,665,179
Packaging Corp. of AmericaPKGConsumer Cyclical0.03%11,803-313-2.58%$2,504,833
Raymond James Financial Inc.RJFFinancial Services0.03%16,866+3,582+26.96%$2,442,028