Jim Cullen – Cullen Value Fund Portfolio Activity & Recent Trades (Jun 30, 2025)

As of Jun 30, 2025, the Cullen Value Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Jul 01, 2025. 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 Q2 2025, the filing reported:

New Buys – Tractor Supply Company (TSCO), Credo Technology (G25457105), Vicor Corporation (VICR), Carrier Global Corporation (CARR), Oracle Corporation (ORCL), and 3 more

Increases – Pepsico, Inc. (PEP), Cleveland-Cliffs Inc. (CLF), Liberty Latin America Ltd (LILAK), Realty Income Corporation (O), O'Reilly Automotive, Inc. (ORLY), and 68 more

Reductions – GE Vernova Inc. (GEV), Sherwin-Williams Company (The) (SHW), Keurig Dr Pepper Inc. (KDP), Boeing Company (The) (BA), GE Aerospace (GE), and 84 more

Complete Exits – Phillips 66 (PSX), BP p.l.c. (BP), Intel Corporation (INTC), Chubb Limited (CB)

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Cullen Value Fund Activity

Date	Symbol	Name	Type	Quantity	Value	Remaining
Q1 2024Mar 31, 2024	HON Honeywell International Inc.	Honeywell International Inc.	Sell	-137-4.9%	$536.22K	2,678
Q1 2024Mar 31, 2024	SYK Stryker Corporation	Stryker Corporation	Sell	-162-1.2%	$4.55M	13,015
Q1 2024Mar 31, 2024	PARA Paramount Global	Paramount Global	Sell	-220-0.3%	$941.81K	80,086
Q1 2024Mar 31, 2024	CMI Cummins Inc.	Cummins Inc.	Sell	-250-1.4%	$5.05M	17,079
Q1 2024Mar 31, 2024	ICLR ICON	ICON	Sell	-260-4.5%	$1.76M	5,464
Q1 2024Mar 31, 2024	COR Cencora, Inc.	Cencora, Inc.	Sell	-262-6.4%	$924.08K	3,801
Q1 2024Mar 31, 2024	SEIC SEI Investments Company	SEI Investments Company	Sell	-267-5.7%	$314.02K	4,450
Q1 2024Mar 31, 2024	RTX RTX Corporation	RTX Corporation	Sell	-269-2.7%	$960.77K	9,749
Q1 2024Mar 31, 2024	GRMN Garmin	Garmin	Sell	-275-0.8%	$4.84M	33,229
Q1 2024Mar 31, 2024	BA Boeing Company (The)	Boeing Company (The)	Sell	-289-5.7%	$904.03K	4,808
Q1 2024Mar 31, 2024	TRN Trinity Industries, Inc.	Trinity Industries, Inc.	Sell	-299-2.2%	$363.72K	13,451
Q1 2024Mar 31, 2024	QCOM QUALCOMM Incorporated	QUALCOMM Incorporated	Sell	-300-2.6%	$1.91M	11,148
Q1 2024Mar 31, 2024	AXP American Express Company	American Express Company	Sell	-342-2.6%	$2.88M	12,788
Q1 2024Mar 31, 2024	GD General Dynamics Corporation	General Dynamics Corporation	Sell	-390-5.2%	$2.05M	7,065
Q1 2024Mar 31, 2024	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-397-0.4%	$16.27M	104,414
Q1 2024Mar 31, 2024	BWA BorgWarner Inc.	BorgWarner Inc.	Sell	-442-4.7%	$311.93K	8,979
Q1 2024Mar 31, 2024	BLK BlackRock	BlackRock	Sell	-451-6.9%	$4.96M	6,072
Q1 2024Mar 31, 2024	BX Blackstone Inc.	Blackstone Inc.	Sell	-481-7.1%	$794.85K	6,293
Q1 2024Mar 31, 2024	DEO Diageo plc	Diageo plc	Sell	-518-15.9%	$407.71K	2,735
Q1 2024Mar 31, 2024	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-527-1.5%	$4.14M	33,668
Q1 2024Mar 31, 2024	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Sell	-545-6.4%	$517.99K	8,011
Q1 2024Mar 31, 2024	TGT Target Corporation	Target Corporation	Sell	-547-6.3%	$1.44M	8,176
Q1 2024Mar 31, 2024	NATH Nathan's Famous, Inc.	Nathan's Famous, Inc.	Sell	-569-5.2%	$703.47K	10,330
Q1 2024Mar 31, 2024	SHEL Shell PLC	Shell PLC	Sell	-621-2.5%	$1.69M	24,202
Q1 2024Mar 31, 2024	SHW Sherwin-Williams Company (The)	Sherwin-Williams Company (The)	Sell	-638-43.7%	$274.83K	823
Q1 2024Mar 31, 2024	SLB Schlumberger N.V.	Schlumberger N.V.	Sell	-684-6.1%	$578.25K	10,575
Q1 2024Mar 31, 2024	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-762-7.9%	$4.28M	8,925
Q1 2024Mar 31, 2024	PEP Pepsico, Inc.	Pepsico, Inc.	Sell	-782-1.8%	$7.24M	42,230
Q1 2024Mar 31, 2024	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-792-1.2%	$11.44M	63,336
Q1 2024Mar 31, 2024	V Visa Inc.	Visa Inc.	Sell	-800-2.1%	$10.21M	36,666

Page 34 of 41 • 1220 total trades

«‹

32 33 34 35 36

›»