Cullen Capital Boosts Stake in Travelers Companies with Multi-Million Dollar Investment

Cullen Capital Management LLC has increased its position in The Travelers Companies Inc. (NYSE: TRV) by purchasing 480,235 shares of the insurance provider's stock.

The purchase was made during the second quarter and is valued at approximately $158,535,000. This represents a significant investment for Cullen Capital Management LLC, making it the company's 29th largest position in its portfolio.

The firm now owns about 0.23% of Travelers Companies' outstanding shares as of its most recent SEC filing. Other large investors have also made changes to their positions in the stock, including Brighton Jones LLC and CIBC Asset Management Inc., which increased their stakes by 13.4% and 13.9%, respectively.