Cullen Investment Group, Ltd 13F annual report
Cullen Investment Group, Ltd is an investment fund managing more than $627 billion ran by David Bordes. There are currently 177 companies in Mr. Bordes’s portfolio. The largest investments include Apple Inc and Berkshire Hathaway Incorporated Del Class B New, together worth $87.2 billion.
$627 billion Assets Under Management (AUM)
As of 24th June 2024, Cullen Investment Group, Ltd’s top holding is 219,989 shares of Apple Inc currently worth over $46.3 billion and making up 7.4% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Cullen Investment Group, Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 100,538 shares of Berkshire Hathaway Incorporated Del Class B New worth $40.9 billion.
The third-largest holding is Microsoft worth $39.2 billion and the next is Eaton Corporation Plc Shs worth $22.2 billion, with 70,766 shares owned.
Currently, Cullen Investment Group, Ltd's portfolio is worth at least $627 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Cullen Investment Group, Ltd
The Cullen Investment Group, Ltd office and employees reside in Lafayette, Louisiana. According to the last 13-F report filed with the SEC, David Bordes serves as the President at Cullen Investment Group, Ltd.
Recent trades
In the most recent 13F filing, Cullen Investment Group, Ltd revealed that it had opened a new position in
NextEra Inc and bought 12,560 shares worth $889 million.
This means they effectively own approximately 0.1% of the company.
NextEra Inc makes up
100.0%
of the fund's Utilities sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Broadcom by buying
123 additional shares.
This makes their stake in Broadcom total 8,605 shares worth $13.8 billion.
Broadcom dropped approximately 0.1% in the past year.
On the other hand, there are companies that Cullen Investment Group, Ltd is getting rid of from its portfolio.
Cullen Investment Group, Ltd closed its position in Pioneer Nat Res Company on 1st July 2024.
It sold the previously owned 5,984 shares for $1.61 billion.
David Bordes also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $46.3 billion and 219,989 shares.
One of the average hedge funds
The two most similar investment funds to Cullen Investment Group, Ltd are Greenline Partners and Patriot Insurance Agency. They manage $627 billion and $627 billion respectively.
David Bordes investment strategy
Cullen Investment Group, Ltd’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 14.6% of
the total portfolio value.
The fund focuses on investments in the United States as
49.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
44% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $137 billion.
The complete list of Cullen Investment Group, Ltd trades based on 13F SEC filings
These positions were updated on July 1st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Apple Inc |
4.36%
219,989
|
$46,334,181,000 | 7.39% |
| Berkshire Hathaway Incorporated Del Class B New |
3.19%
100,538
|
$40,898,858,000 | 6.52% |
| Microsoft Corporation |
3.03%
87,774
|
$39,230,727,000 | 6.26% |
| Eaton Corporation Plc Shs |
2.01%
70,766
|
$22,188,691,000 | 3.54% |
| Walmart Inc |
1.57%
326,077
|
$22,078,662,000 | 3.52% |
| Jpmorgan Chase Company. |
1.43%
100,867
|
$20,401,436,000 | 3.25% |
| Alphabet Incorporated Cap Stk Class C |
4.52%
99,692
|
$18,285,561,000 | 2.92% |
| Broadcom Inc. |
1.45%
8,605
|
$13,815,626,000 | 2.20% |
| NVIDIA Corp |
908.70%
106,720
|
$13,184,237,000 | 2.10% |
| Amazon.com Inc. |
1.53%
62,366
|
$12,052,230,000 | 1.92% |
| Eli Lilly Company |
5.03%
12,890
|
$11,670,114,000 | 1.86% |
| Merck Company Incorporated |
0.81%
92,941
|
$11,506,129,000 | 1.83% |
| Union Pac Corporation |
0.18%
47,786
|
$10,812,129,000 | 1.72% |
| Deere Company |
4.35%
27,072
|
$10,114,750,000 | 1.61% |
| Johnson Johnson |
0.91%
67,961
|
$9,933,132,000 | 1.58% |
| Comcast Corporation New Class A |
0.02%
237,146
|
$9,286,620,000 | 1.48% |
| Trane Technologies Plc Shs |
0.92%
28,088
|
$9,239,109,000 | 1.47% |
| Marathon Pete Corporation |
3.27%
50,800
|
$8,812,853,000 | 1.41% |
| Visa Incorporated Com Class A |
10.16%
32,942
|
$8,646,331,000 | 1.38% |
| Motorola Solutions Incorporated Com New |
4.96%
21,508
|
$8,303,197,000 | 1.32% |
| Starbucks Corp. |
6.21%
101,311
|
$7,887,075,000 | 1.26% |
| Chubb Limited |
3.77%
29,801
|
$7,601,569,000 | 1.21% |
| Enterprise Products Partners L P |
9.80%
256,827
|
$7,442,837,000 | 1.19% |
| Home Depot, Inc. |
3.74%
19,260
|
$6,630,062,000 | 1.06% |
| Verizon Communications Inc |
1.67%
156,292
|
$6,445,491,000 | 1.03% |
| Exxon Mobil Corp. |
20.49%
55,562
|
$6,396,257,000 | 1.02% |
| Pepsico Incorporated |
8.62%
38,588
|
$6,364,310,000 | 1.01% |
| Lowes Companies Incorporated |
4.13%
27,305
|
$6,019,663,000 | 0.96% |
| Medtronic Plc Shs |
2.53%
73,030
|
$5,748,216,000 | 0.92% |
| Best Buy Co. Inc. |
3.63%
65,041
|
$5,482,276,000 | 0.87% |
| Mccormick Company Incorporated Com Non Vtg |
6.55%
75,527
|
$5,357,886,000 | 0.85% |
| Johnson Controls International Plc Shs |
4.72%
79,480
|
$5,283,042,000 | 0.84% |
| Garmin Limited Shs |
2.44%
32,418
|
$5,281,534,000 | 0.84% |
| Devon Energy Corp. |
2.37%
108,714
|
$5,153,060,000 | 0.82% |
| Procter And Gamble Company |
6.05%
31,020
|
$5,115,889,000 | 0.82% |
| CME Group Inc |
3.21%
25,336
|
$4,981,070,000 | 0.79% |
| Air Products Chemicals Incorporated |
4.08%
19,195
|
$4,953,210,000 | 0.79% |
| Salesforce Inc |
5.08%
18,998
|
$4,884,460,000 | 0.78% |
| Cisco Systems, Inc. |
3.84%
101,147
|
$4,805,473,000 | 0.77% |
| Cummins Inc. |
1.45%
16,832
|
$4,661,201,000 | 0.74% |
| Darden Restaurants, Inc. |
3.42%
30,128
|
$4,558,934,000 | 0.73% |
| Blackrock Inc. |
6.44%
5,681
|
$4,472,440,000 | 0.71% |
| Meta Platforms Incorporated Class A |
0.34%
8,682
|
$4,377,601,000 | 0.70% |
| Stryker Corp. |
2.05%
12,748
|
$4,337,398,000 | 0.69% |
| Iqvia Hldgs Incorporated |
2.36%
19,850
|
$4,197,084,000 | 0.67% |
| Pool Corporation |
0.01%
13,134
|
$4,036,339,000 | 0.64% |
| Mastercard Incorporated |
2.67%
8,687
|
$3,832,409,000 | 0.61% |
| Chevron Corp. |
30.13%
23,745
|
$3,714,238,000 | 0.59% |
| Raymond James Finl Incorporated |
2.34%
29,040
|
$3,589,691,000 | 0.57% |
| Disney Walt Company |
5.19%
31,921
|
$3,169,452,000 | 0.51% |
| Corning, Inc. |
3.52%
78,013
|
$3,030,798,000 | 0.48% |
| Caterpillar Inc. |
2.99%
8,685
|
$2,893,039,000 | 0.46% |
| American Express Co. |
2.93%
12,413
|
$2,874,305,000 | 0.46% |
| Advanced Micro Devices Inc. |
0.30%
16,613
|
$2,694,795,000 | 0.43% |
| AMGEN Inc. |
0.89%
8,607
|
$2,689,404,000 | 0.43% |
| Canadian Pacific Kansas City |
1.50%
33,533
|
$2,640,052,000 | 0.42% |
| TJX Companies, Inc. |
5.47%
22,405
|
$2,466,835,000 | 0.39% |
| Nxp Semiconductors N V |
2.04%
9,112
|
$2,451,976,000 | 0.39% |
| Enbridge Inc |
12.24%
68,375
|
$2,433,462,000 | 0.39% |
| Alphabet Incorporated Cap Stk Class A |
2.79%
12,931
|
$2,355,297,000 | 0.38% |
| The Allstate Corporation |
1.56%
14,536
|
$2,320,786,000 | 0.37% |
| Abbvie Inc |
2.22%
13,296
|
$2,280,509,000 | 0.36% |
| Qualcomm, Inc. |
1.70%
10,958
|
$2,182,647,000 | 0.35% |
| Halliburton Co. |
0.86%
60,497
|
$2,043,598,000 | 0.33% |
| Fiserv, Inc. |
0.28%
13,542
|
$2,018,300,000 | 0.32% |
| Progressive Corp. |
0.11%
9,659
|
$2,006,254,000 | 0.32% |
| CVS Health Corp |
15.59%
31,234
|
$1,844,700,000 | 0.29% |
| Intercontinental Exchange Inc |
1.62%
13,207
|
$1,807,887,000 | 0.29% |
| Edwards Lifesciences Corp |
1.02%
19,456
|
$1,797,151,000 | 0.29% |
| Diamondback Energy Inc |
0.01%
8,970
|
$1,795,786,000 | 0.29% |
| Unitedhealth Group Inc |
2.05%
3,331
|
$1,696,382,000 | 0.27% |
| L3Harris Technologies Inc |
0.85%
7,512
|
$1,687,106,000 | 0.27% |
| Shell Plc Spon Ads |
4.83%
23,034
|
$1,662,606,000 | 0.27% |
| Sp Global Incorporated |
1.13%
3,664
|
$1,633,973,000 | 0.26% |
| Icon Plc Shs |
5.49%
5,164
|
$1,618,759,000 | 0.26% |
| National Fuel Gas Co. |
6.21%
29,819
|
$1,615,885,000 | 0.26% |
| Pioneer Nat Res Company |
Closed
5,984
|
$1,612,265,000 | |
| General Dynamics Corp. |
23.41%
5,411
|
$1,569,883,000 | 0.25% |
| Bank America Corporation |
2.28%
38,354
|
$1,525,345,000 | 0.24% |
| Steris Plc Shs Usd |
1.41%
6,611
|
$1,451,301,000 | 0.23% |
| Republic Svcs Incorporated |
0.20%
7,360
|
$1,430,275,000 | 0.23% |
| Weyerhaeuser Company Mtn Be Com New Reit |
2.51%
50,304
|
$1,428,126,000 | 0.23% |
| United Parcel Service Incorporated Class B |
1.89%
10,109
|
$1,383,361,000 | 0.22% |
| Oreilly Automotive Incorporated |
9.05%
1,267
|
$1,338,028,000 | 0.21% |
| Southern Company |
10.54%
17,008
|
$1,319,291,000 | 0.21% |
| I3 Verticals Incorporated Com Class A |
17.29%
58,757
|
$1,297,355,000 | 0.21% |
| Suncor Energy, Inc. |
3.21%
32,844
|
$1,251,371,000 | 0.20% |
| Att Incorporated |
3.24%
65,440
|
$1,250,556,000 | 0.20% |
| CSX Corp. |
6.92%
36,710
|
$1,227,953,000 | 0.20% |
| Target Corp |
0.18%
8,161
|
$1,208,198,000 | 0.19% |
| Gilead Sciences, Inc. |
6.26%
17,474
|
$1,198,917,000 | 0.19% |
| Price T Rowe Group Incorporated |
7.57%
10,396
|
$1,198,814,000 | 0.19% |
| Pfizer Inc. |
7.48%
42,300
|
$1,183,549,000 | 0.19% |
| Dexcom Inc |
5.69%
10,434
|
$1,183,007,000 | 0.19% |
| Mondelez International Incorporated Class A |
0.16%
17,943
|
$1,174,205,000 | 0.19% |
| Oneok Inc. |
No change
13,803
|
$1,125,635,000 | 0.18% |
| Occidental Pete Corporation |
0.25%
16,894
|
$1,064,822,000 | 0.17% |
| Home Bancorp Inc |
18.89%
26,079
|
$1,043,431,000 | 0.17% |
| Kinder Morgan Inc |
1.32%
51,958
|
$1,032,399,000 | 0.16% |
| Energy Transfer L P Com Ut Ltd Ptn |
1.78%
62,800
|
$1,018,616,000 | 0.16% |
| Howmet Aerospace Inc. |
0.66%
12,891
|
$1,000,716,000 | 0.16% |
| RTX Corp |
0.24%
9,726
|
$976,360,000 | 0.16% |
| Coca-Cola Co |
9.81%
15,104
|
$961,349,000 | 0.15% |
| Greenbrier Companies Incorporated |
2.45%
19,354
|
$958,968,000 | 0.15% |
| Iridium Communications Inc |
0.94%
34,847
|
$927,637,000 | 0.15% |
| Lauder Estee Companies Incorporated Class A |
4.32%
8,645
|
$919,785,000 | 0.15% |
| NextEra Energy Inc |
Opened
12,560
|
$889,391,000 | 0.14% |
| Cnh Indl N V Shs |
12.00%
86,891
|
$880,203,000 | 0.14% |
| Nestle S A Sponsored Adr |
11.49%
8,504
|
$871,242,000 | 0.14% |
| Smucker J M Company Com New |
0.84%
7,839
|
$854,814,000 | 0.14% |
| Cencora Inc. |
0.37%
3,787
|
$853,110,000 | 0.14% |
| Scotts Miracle-Gro Company |
3.34%
12,946
|
$842,295,000 | 0.13% |
| Paramount Global Class B Com |
2.44%
78,128
|
$811,746,000 | 0.13% |
| Wells Fargo Company New |
7.90%
13,379
|
$794,583,000 | 0.13% |
| Blackstone Inc |
0.40%
6,318
|
$782,209,000 | 0.12% |
| Wendys Company |
0.73%
45,494
|
$771,579,000 | 0.12% |
| Boeing Co. |
13.12%
4,177
|
$760,212,000 | 0.12% |
| Restaurant Brands International Inc |
0.39%
10,521
|
$740,373,000 | 0.12% |
| Ge Aerospace Com New |
5.56%
4,548
|
$723,053,000 | 0.12% |
| Nathans Famous Incorporated New |
No change
10,330
|
$700,163,000 | 0.11% |
| Public Svc Enterprise Grp Incorporated |
Opened
9,450
|
$696,457,000 | 0.11% |
| Tesla Inc |
0.23%
3,436
|
$679,916,000 | 0.11% |
| International Business Machines Corp. |
6.67%
3,885
|
$671,909,000 | 0.11% |
| First Gty Bancshares Incorporated |
1.77%
73,049
|
$657,438,000 | 0.10% |
| Adam Nat Res Fd Incorporated |
0.38%
27,660
|
$653,056,000 | 0.10% |
| Kimberly-Clark Corp. |
6.06%
4,652
|
$642,942,000 | 0.10% |
| Keurig Dr Pepper Inc |
2.42%
18,975
|
$633,776,000 | 0.10% |
| Novartis Ag Sponsored Adr |
1.68%
5,855
|
$623,308,000 | 0.10% |
| Cleveland-Cliffs Inc |
1.86%
38,219
|
$588,193,000 | 0.09% |
| Ishares Tr Core Sp Ttl Stk |
11.03%
4,841
|
$575,016,000 | 0.09% |
| Honeywell International Inc |
3.73%
2,578
|
$550,481,000 | 0.09% |
| Mcdonalds Corporation |
16.05%
2,076
|
$528,969,000 | 0.08% |
| Vanguard Index Funds Sp 500 Etf Shs New |
1.10%
992
|
$496,129,000 | 0.08% |
| Warner Bros Discovery Incorporated Com Ser A |
0.35%
65,524
|
$487,501,000 | 0.08% |
| APA Corporation |
7.38%
16,478
|
$485,106,000 | 0.08% |
| Schlumberger Limited Com Stk |
4.58%
10,091
|
$476,074,000 | 0.08% |
| WD-40 Co. |
2.13%
2,159
|
$474,267,000 | 0.08% |
| Mckesson Corporation |
5.51%
789
|
$460,619,000 | 0.07% |
| Paypal Hldgs Incorporated |
6.09%
7,523
|
$436,560,000 | 0.07% |
| Trinity Industries, Inc. |
0.90%
13,572
|
$406,066,000 | 0.06% |
| Lockheed Martin Corp. |
0.35%
856
|
$399,894,000 | 0.06% |
| Abbott Labs |
6.70%
3,688
|
$383,172,000 | 0.06% |
| Conocophillips |
0.45%
3,343
|
$382,410,000 | 0.06% |
| Intel Corp. |
15.91%
12,090
|
$374,417,000 | 0.06% |
| First Horizon Corporation |
No change
22,724
|
$358,363,000 | 0.06% |
| Illinois Tool Wks Incorporated |
0.20%
1,489
|
$352,755,000 | 0.06% |
| Franklin Resources, Inc. |
21.77%
15,086
|
$337,180,000 | 0.05% |
| Xylem Inc |
No change
2,477
|
$336,010,000 | 0.05% |
| Diageo Plc Spon Adr New |
5.08%
2,596
|
$327,281,000 | 0.05% |
| St. Joe Co. |
1.67%
5,588
|
$305,638,000 | 0.05% |
| Yum Brands Inc. |
No change
2,224
|
$294,531,000 | 0.05% |
| BorgWarner Inc |
0.21%
8,998
|
$290,110,000 | 0.05% |
| Sei Invts Company |
0.70%
4,481
|
$289,851,000 | 0.05% |
| Canadian Natl Ry Company |
No change
2,389
|
$282,192,000 | 0.04% |
| Microchip Technology, Inc. |
0.14%
2,917
|
$266,928,000 | 0.04% |
| Thor Industries, Inc. |
1.57%
2,830
|
$264,432,000 | 0.04% |
| Norfolk Southn Corporation |
No change
1,190
|
$255,481,000 | 0.04% |
| Ford Mtr Company Del |
24.37%
19,560
|
$245,286,000 | 0.04% |
| Sherwin-Williams Co. |
0.85%
816
|
$243,473,000 | 0.04% |
| Conrad Industries Incorporated |
88.50%
26,834
|
$242,848,000 | 0.04% |
| Eog Res Incorporated |
0.31%
1,919
|
$241,596,000 | 0.04% |
| Ultrapro Short Qqq New |
Closed
22,600
|
$241,368,000 | |
| Valero Energy Corp. |
14.45%
1,516
|
$237,583,000 | 0.04% |
| Phillips 66 |
0.36%
1,666
|
$235,185,000 | 0.04% |
| Woodward Inc |
0.08%
1,301
|
$226,910,000 | 0.04% |
| Kraft Heinz Co |
Closed
6,004
|
$224,496,000 | |
| Black Stone Minerals L P Com Unit |
2.33%
14,161
|
$221,905,000 | 0.04% |
| EBay Inc. |
19.14%
4,127
|
$221,717,000 | 0.04% |
| Atlanta Braves Hldgs Incorporated Com Ser A |
No change
5,300
|
$219,049,000 | 0.03% |
| Costco Wholesale Corp |
Opened
257
|
$218,618,000 | 0.03% |
| Unilever Plc Spon Adr New |
Closed
4,344
|
$214,391,000 | |
| Bhp Group Limited Sponsored Ads |
4.05%
3,724
|
$212,596,000 | 0.03% |
| Ishares Tr Core Sp500 Etf |
11.42%
388
|
$212,139,000 | 0.03% |
| Bp Plc Sponsored Adr |
1.01%
5,779
|
$208,618,000 | 0.03% |
| Williams-Sonoma, Inc. |
Closed
670
|
$207,826,000 | |
| Reliance Inc. |
Closed
612
|
$203,905,000 | |
| Carrier Global Corporation |
Opened
3,206
|
$202,264,000 | 0.03% |
| Oracle Corp. |
Opened
1,432
|
$202,138,000 | 0.03% |
| Adams Diversified Equity Fd |
Closed
10,090
|
$194,336,000 | |
| Topgolf Callaway Brands Corp |
3.29%
12,392
|
$189,598,000 | 0.03% |
| Western Un Company |
0.26%
14,071
|
$171,949,000 | 0.03% |
| Liberty Latin America Limited Com Class C |
0.59%
17,100
|
$164,502,000 | 0.03% |
| Liberty Latin America Limited Com Class A |
No change
12,000
|
$115,320,000 | 0.02% |
| New York Cmnty Bancorp Incorporated |
6.75%
32,797
|
$105,608,000 | 0.02% |
| Gabelli Equity Tr Incorporated |
Closed
16,072
|
$86,467,000 | |
| Smart Sand Inc |
Closed
30,490
|
$58,541,000 | |
| Americas Gold and Silver Corp |
Closed
35,000
|
$7,875,000 | |
| Atp Oil Gas Corporation |
Closed
10,000
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 188 holdings | |||
Hedge funds similar to Cullen Investment Group, Ltd
- Ascent Wealth Partners
- Nextech Invest
- Parkside Investments
- Ls Investment Advisors
- Arvest Investments, Inc
- Patriot Insurance Agency
- Greenline Partners
- Third Avenue Management
- Teewinot Capital Advisers, L.L.C
- Crewe Advisors
- Mcilrath & Eck
- Slow Capital
- Running Oak Capital
- Prescott Group Capital Management, L.L.C