Cullen/Frost Bankers, Inc.: PVAL position timeline

Cullen/Frost Bankers, Inc. held 8,610,022 PVAL shares at 2026-06-30 per its 13F-HR filed 2026-07-27.

the latest 13F is the newest step

1. period ended2026-06-30

   13F 8,610,022 shares

   Change vs previous 13F +886,178 shares

   4.32% of the 13F portfolio, value $438,680,591.

   13F-HR 0000039263-26-000042 filed by Cullen/Frost Bankers, Inc.
   Filed 2026-07-27 (acceptance time not in the bulk data set), ingested 2026-10-06 09:57:27 UTC

   Acceptance time not in the bulk data set (spec §4.2).

2. period ended2026-03-31

   13F 7,723,844 shares

   Change vs previous 13F +870,989 shares

   4.07% of the 13F portfolio, value $358,386,343.

   13F-HR 0000039263-26-000037 filed by Cullen/Frost Bankers, Inc.
   Filed 2026-05-05 (acceptance time not in the bulk data set), ingested 2026-10-06 09:58:43 UTC

   Acceptance time not in the bulk data set (spec §4.2).

3. period ended2025-12-31

   13F 6,852,855 shares

   Change vs previous 13F +1,009,485 shares

   3.44% of the 13F portfolio, value $312,284,584.

   13F-HR 0000039263-26-000012 filed by Cullen/Frost Bankers, Inc.
   Filed 2026-02-06 (acceptance time not in the bulk data set), ingested 2026-10-07 03:01:36 UTC

   Acceptance time not in the bulk data set (spec §4.2).

4. period ended2025-09-30

   13F 5,843,370 shares

   Change vs previous 13F +3,360,792 shares

   2.9% of the 13F portfolio, value $249,628,747.

   13F-HR 0000039263-25-000119 filed by Cullen/Frost Bankers, Inc.
   Filed 2025-10-31 (acceptance time not in the bulk data set), ingested 2026-10-07 03:02:25 UTC

   Acceptance time not in the bulk data set (spec §4.2).

5. period ended2025-06-30

   13F 2,482,578 shares

   Change vs previous 13F not available

   1.25% of the 13F portfolio, value $99,874,113.

   13F-HR 0000039263-25-000097 filed by Cullen/Frost Bankers, Inc.
   Filed 2025-07-30 (acceptance time not in the bulk data set), ingested 2026-10-07 18:23:11 UTC

   Acceptance time not in the bulk data set (spec §4.2).