Jim Cullen - Cullen Value Fund 13F Activity & Position Changes (Q4 2025)
According to the SEC 13F filed on Jan 12, 2026, the Cullen Value Fund portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q4 2025, the filing reported:
New Buys - Applied Materials, Inc., Becton, Dickinson and Company, Booking Holdings Inc. Common St, FedEx Corporation, Micron Technology, Inc., and 2 more
Increases - Analog Devices, Inc., Amgen Inc., Amazon.com, Inc., Bank of America Corporation, The Bank of New York Mellon Cor, and 40 more
Reductions - Apple Inc., AbbVie Inc., Abbott Laboratories, Allstate Corporation (The), Advanced Micro Devices, Inc., and 108 more
Complete Exits - Automatic Data Processing, Inc., Chipotle Mexican Grill, Inc., DexCom, Inc., Estee Lauder Companies, Inc. (T, Fiserv, Inc., and 2 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q4 2025
|
AAPL
Apple Inc.
|
Sell |
-15,527
|
|
Q4 2025
|
ABBV
AbbVie Inc.
|
Sell |
-313
|
|
Q4 2025
|
ABT
Abbott Laboratories
|
Sell |
-203
|
|
Q4 2025
|
ADI
Analog Devices, Inc.
|
Buy |
+6,233
|
|
Q4 2025
|
ADP
Automatic Data Processing, Inc.
|
Sell - Position Exit |
-704
|
|
Q4 2025
|
ALL
Allstate Corporation (The)
|
Sell |
-6,415
|
|
Q4 2025
|
AMAT
Applied Materials, Inc.
|
Buy - Position Entry |
+12,239
|
|
Q4 2025
|
AMD
Advanced Micro Devices, Inc.
|
Sell |
-7,243
|
|
Q4 2025
|
AMGN
Amgen Inc.
|
Buy |
+5
|
|
Q4 2025
|
AMZN
Amazon.com, Inc.
|
Buy |
+3,926
|
|
Q4 2025
|
APA
APA Corporation
|
Sell |
-282
|
|
Q4 2025
|
APD
Air Products and Chemicals, Inc
|
Sell |
-695
|
|
Q4 2025
|
AVGO
Broadcom Inc.
|
Sell |
-15,418
|
|
Q4 2025
|
AXP
American Express Company
|
Sell |
-531
|
|
Q4 2025
|
BA
Boeing Company (The)
|
Sell |
-63
|
|
Q4 2025
|
BAC
Bank of America Corporation
|
Buy |
+42,366
|
|
Q4 2025
|
BDX
Becton, Dickinson and Company
|
Buy - Position Entry |
+18,249
|
|
Q4 2025
|
BK
The Bank of New York Mellon Cor
|
Buy |
+36,568
|
|
Q4 2025
|
BKNG
Booking Holdings Inc. Common St
|
Buy - Position Entry |
+1,198
|
|
Q4 2025
|
BKR
Baker Hughes Company
|
Buy |
+20
|
|
Q4 2025
|
BLK
BlackRock, Inc.
|
Sell |
-202
|
|
Q4 2025
|
BRK-B
Berkshire Hathaway Inc. New
|
Buy |
+4,027
|
|
Q4 2025
|
BSM
Black Stone Minerals, L.P.
|
Buy |
+351
|
|
Q4 2025
|
BWA
BorgWarner Inc.
|
Sell |
-1,046
|
|
Q4 2025
|
BX
Blackstone Inc.
|
Buy |
+27
|
|
Q4 2025
|
CAT
Caterpillar, Inc.
|
Sell |
-58
|
|
Q4 2025
|
CLF
Cleveland-Cliffs Inc.
|
Buy |
+9,000
|
|
Q4 2025
|
CMCSA
Comcast Corporation
|
Buy |
+59,553
|
|
Q4 2025
|
CME
CME Group Inc.
|
Sell |
-14,253
|
|
Q4 2025
|
CMG
Chipotle Mexican Grill, Inc.
|
Sell - Position Exit |
-31,469
|
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