Cullen Capital Management, LLC
Cullen Capital Management, LLC, based in New York, NY, is an asset management firm specializing in value-oriented equity investment strategies for institutional and retail clients. It was established to deliver disciplined, long-term investment performance and offers various mutual fund and separately managed account strategies. The firm is known for its patient, income-oriented value approach and serves a global client base. It employs a focused team of investment professionals and has decades of experience in the industry.
Investment Strategy
Cullen Capital Management, LLC employs a value-oriented investment approach, focusing on high-dividend, undervalued equities. The strategy emphasizes investing in strong companies trading at attractive valuations, with a strict focus on downside protection and long-term capital appreciation. The firm is known for its disciplined value process, combining fundamental, bottom-up research with a global perspective, aiming to deliver steady income and growth regardless of market cycles.
Latest 13F Filing Activity
Cullen Capital Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 195 equity positions with a total 13F market value of $9B. The fund increased holdings in Broadcom LTD., Becton Dickinson & Co., National Grid PLC (adr) among other positions. Cullen Capital Management, LLC reduced exposure to Kenvue Inc., Chevron Corp., Dow Inc. among others.
Top Holdings
Equity Positions (195)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
J JPM | JP Morgan Chase & Co. | 3.46% | $303.6M | 1,047,243 | $139.72 | $289.91 | +$41.8M |
C CSCO | Cisco Systems Inc. | 3.19% | $280.0M | 4,035,596 | $48.79 | $69.38 | +$22.0M |
B BAC | Bank of America Corp. | 2.97% | $260.6M | 5,507,486 | $35.78 | $47.32 | +$31.1M |
N NVS | Novartis AG (ADR) | 2.89% | $253.7M | 2,096,852 | $87.11 | $121.01 | +$18.7M |
D DUK | Duke Energy Corp. | 2.75% | $241.9M | 2,049,613 | $95.94 | $118.00 | -$16.2M |
Industry Allocation
Investment Team (14)
| Name | Role | Location | |
|---|---|---|---|
 | Vice President - Trading | New York, NY , United States | |
 | Managing Director | Southborough, MA , United States | |
M Mariana Salamanca | Vice President | New York, NY , United States | |
 | Portfolio Manager, Director of Research | New York, NY , United States | |
N Nadia Dempsey | Analyst | New York, NY , United States | |
 | Vice President of Business Development | Chicago, IL , United States | |
R Ryan Lynch | Vice President - Trading | New York, NY , United States | |
 | Senior Analyst | New York, NY , United States | |
 | Managing Director | Los Angeles, CA , United States | |
C Chase Montgomery | Assistant Vice President | Chicago, IL , United States |