Latest CULLEN CAPITAL MANAGEMENT, LLC Stock Portfolio

CULLEN CAPITAL MANAGEMENT, LLC Performance:

2024 Q3: 6.57%YTD: 11.28%2023: -1.08%

Performance for 2024 Q3 is 6.57%, and YTD is 11.28%, and 2023 is -1.08%.

About CULLEN CAPITAL MANAGEMENT, LLC and 13F Hedge Fund Stock Holdings

Cullen Capital Management, LLC is a hedge fund based in NEW YORK, NY. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $9.4 Billions. In it's latest 13F Holdings report, Cullen Capital Management, LLC reported an equity portfolio of $9.2 Billions as of 30 Sep, 2024.

The top stock holdings of Cullen Capital Management, LLC are JPM, PM, . The fund has invested 3.1% of it's portfolio in JP MORGAN CHASE & CO. and 2.9% of portfolio in PHILIP MORRIS INTERNATIONAL IN.

The fund managers got completely rid off INTEL CORP. (INTC), KELLANOVA (K) and CONSUMER STAPLES SELECT SECTOR (XLB) stocks. They significantly reduced their stock positions in 3M CO. (MMM), COMMUNICATION SERVICES SELECT (XLB) and ITAU UNIBANCO HOLDING SA (ADR) (ITUB). Cullen Capital Management, LLC opened new stock positions in SMURFIT WESTROCK PLC, SYSCO CORP. (SYY) and AIRTEL AFRICA PLC (KTB). The fund showed a lot of confidence in some stocks as they added substantially to QUALCOMM INC. (QCOM), MONDELEZ INTERNATIONAL INC. (MDLZ) and TETRA TECH INC. (TTEK).

CULLEN CAPITAL MANAGEMENT, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Cullen Capital Management, LLC made a return of 6.57% in the last quarter. In trailing 12 months, it's portfolio return was 16.59%.

New Buys

Ticker	$ Bought
smurfit westrock plc	60,837,700
sysco corp.	13,259,400
airtel africa plc	6,667,930
glencore plc	4,466,350
alphabet inc.	1,240,390
raymond james financial inc.	1,238,190
m/i homes inc.	1,003,830
masterbrand inc.	787,672

New stocks bought by CULLEN CAPITAL MANAGEMENT, LLC

Additions

Ticker	% Inc.
qualcomm inc.	6,174
mondelez international inc.	935
tetra tech inc.	304
douglas elliman inc.	252
copa holdings sa	167
highwoods properties inc.	99.25
core & main inc	91.94
crocs inc.	88.33

Additions to existing portfolio by CULLEN CAPITAL MANAGEMENT, LLC

Reductions

Ticker	% Reduced
3m co.	-98.47
communication services select	-97.45
industrial select sector spdr	-95.62
itau unibanco holding sa (adr)	-80.85
health care select sector spdr	-78.78
trip.com group ltd. (adr)	-73.6
bhp group ltd. (adr)	-55.24
spdr bloomberg 1-3 month t-bil	-55.21

CULLEN CAPITAL MANAGEMENT, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
intel corp.	-82,379,100
kellanova	-47,560,600
real estate select sector spdr	-10,956,500
consumer staples select sector	-12,344,100
alibaba group holding ltd.	-349,828
ecovyst inc	-306,352
technology select sector spdr	-4,918,010
consumer discretionary select	-3,841,530

CULLEN CAPITAL MANAGEMENT, LLC got rid off the above stocks

Sector Distribution

Cullen Capital Management, LLC has about 19.9% of it's holdings in Others sector.

Sector	%
Others	19.9
Financial Services	16.8
Healthcare	10.1
Industrials	9.9
Technology	7.7
Consumer Defensive	7.5
Energy	7.3
Utilities	6.1
Real Estate	6.1
Consumer Cyclical	3.9
Communication Services	2.5
Basic Materials	2.1

Market Cap. Distribution

Cullen Capital Management, LLC has about 79.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	60.4
UNALLOCATED	19.9
MEGA-CAP	19

Stocks belong to which Index?

About 81.6% of the stocks held by Cullen Capital Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	81.6
Others	17.9

Top 5 Winners (%)		%
SWIM	latham group inc.	122.5 %
LDI	loandepot inc.	39.7 %
UIS	unisys corp.	37.5 %
TREE	lendingtree inc.	34.6 %
IBM	international business machine	27.6 %

Top 5 Winners ($)		$
PM	philip morris international in	46.7 M
RTX	rtx corp	38.6 M
NEE	nextera energy inc.	37.5 M
JCI	johnson controls international	36.6 M
DUK	duke energy corp.	34.8 M

Top 5 Losers (%)		%
TTEK	tetra tech inc.	-77.5 %
CIVI	civitas resources inc.	-22.0 %
VREX	varex imaging corp.	-19.0 %
BA	boeing co/the	-16.3 %
DVN	devon energy corp.	-14.9 %

Top 5 Losers ($)		$
MRK	merck & co. inc.	-17.7 M
CVX	chevron corp.	-13.6 M
COP	conocophillips	-11.8 M
MSFT	microsoft corp.	-4.5 M
C	citigroup inc.	-2.0 M

CULLEN CAPITAL MANAGEMENT, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of CULLEN CAPITAL MANAGEMENT, LLC

Cullen Capital Management, LLC has 206 stocks in it's portfolio. About 27.9% of the portfolio is in top 10 stocks. MRK proved to be the most loss making stock for the portfolio. PM was the most profitable stock for Cullen Capital Management, LLC last quarter.

Last Reported on: 12 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc.	0.02	6,444	1,501,450	unchanged	0.00

ABBV	abbvie inc.	0.01	3,772	744,895	unchanged	0.00

ABCB	ameris bancorp	0.01	16,706	1,042,290	added	31.2

ACWV	ishares msci south korea etf	0.11	161,973	10,359,800	reduced	-2.4

ADM	archer-daniels-midland co.	0.01	23,190	1,385,370	reduced	-0.7

AFK	vaneck vietnam etf	0.01	75,670	967,063	reduced	-5.42

AGZD	wisdomtree india earnings fund	0.10	187,038	9,437,940	reduced	-10.27

AGZD	wisdomtree international equit	0.00	0.00	0.00	sold off	-100

ALL	the allstate corp.	0.04	18,904	3,585,140	reduced	-1.28

AMAT	applied materials inc.	0.04	18,372	3,712,060	added	0.02

AMPS	ishares msci india etf	0.08	128,123	7,499,040	reduced	-3.00

ARTNA	artesian resources corp.	0.00	8,292	308,297	added	1.05

ARW	arrow electronics inc.	0.03	23,250	3,088,300	reduced	-1.01

ASX	ase technology holding company	0.47	4,409,270	43,034,500	reduced	-4.29

AVGO	broadcom ltd.	2.25	1,196,190	206,342,000	reduced	-6.38

AWK	american water works company i	0.01	8,679	1,269,220	added	1.02

AWR	american states water co.	0.01	8,662	721,458	added	0.86

AXP	american express co.	0.06	19,389	5,258,300	reduced	-3.67

AXTA	axalta coating systems ltd.	0.04	98,253	3,555,780	added	0.49

BA	boeing co/the	0.01	8,315	1,264,210	reduced	-1.25