Jim Cullen's Cullen Value Fund Q1 2026: Strategic Shifts in Top Holdings

As of March 31, 2026, Jim Cullen's Cullen Value Fund has shown subtle shifts in its top holdings, reflecting strategic adjustments amid market dynamics. The fund, valued at approximately $751 million, saw changes in its largest positions during the quarter, with some stocks gaining shares while others saw reductions or exits. For a complete overview, you can explore Jim Cullen's investment profile here: Investor Profile.

The fund's largest position, Berkshire Hathaway Inc (BRK-B), saw a modest increase in shares held, rising by 0.68% to 6.42% of the portfolio. Similarly, Alphabet Inc (GOOG) added a small number of shares, increasing its portfolio allocation slightly to 4.38%. On the other hand, several major holdings experienced reductions. Apple Inc (AAPL) shed shares, leading to a slight decrease in its allocation, while Microsoft Corp (MSFT) and JPMorgan Chase & Co (JPM) also saw share declines, impacting their respective percentages.

Notably, Exxon Mobil Corp (XOM) and Broadcom Inc (AVGO) both decreased their holdings during the quarter, though their allocations remained relatively stable at 2.44% and 2.41%, respectively. The fund also completely exited its position in Eaton Corporation PLC (ETN), removing it entirely from the top ten holdings. You can learn more about the performance and details of these companies by visiting their respective pages: AAPL, MSFT, JPM, XOM, AVGO.

Overall, the quarter featured selective adjustments rather than dramatic shifts. While the fund maintained its largest positions with minor tweaks, it strategically reduced exposure in several tech and financial services stocks and exited the Eaton position. No new positions were disclosed in the top holdings for this reporting period. For further details on the fund's holdings and performance, please refer to the official filing.