Jim Cullen - Cullen Value Fund 13F Activity & Position Changes (Q4 2025)
As of Dec 31, 2025, the Cullen Value Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Jan 12, 2026. 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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