Filed: 2/13/2026ACC: 0001353098-26-000002
📋 What this filing means
CUTLER CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 122 equity positions with a total reported market value of $343.11M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
122
Positions
$343.11M
Total AUM (reported)
59.49M
Total Shares
Allocation by class
COM$215.26M62.7%
COM NEW$15.89M4.6%
SPON ADS$8.18M2.4%
COM SHS$7.22M2.1%
NOTE 2.875% 3/1$6.92M2.0%
MSCI ENERGY IDX$6.82M2.0%
NOTE 2.000% 6/1$6.55M1.9%
Portfolio Concentration
Top 3$45.69M13.3%
4–10$60.61M17.7%
11–25$88.29M25.7%
Rest$148.51M43.3%
Top 3 weight
13.3%
Top 10 weight
31.0%
Voting Authority Distribution
Total shares with voting rights: 59.49M
Sole
Full voting authority
5.85M
shares
% of voting shares9.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
53.63M
shares
% of voting shares90.2%
Investment Discretion (by position count)
Sole122
Shared0
Other0
Dominant voting typeNone · 90.2% of voting shares
Institutional Holdings122
Rows:
AGNICO-EAGLE
SOLEShares120.11K
TypeSH
Market value$20.36M
5.93%
Sole
30K
Shared
0.00
None
90.11K
METLIFE INC
SOLEShares166.13K
TypeSH
Market value$13.11M
3.82%
Sole
54K
Shared
0.00
None
112.13K
CTO REALTY GRW
SOLEShares663.54K
TypeSH
Market value$12.22M
3.56%
Sole
266.01K
Shared
0.00
None
397.53K
TIMBERLAND BANC
SOLEShares291.80K
TypeSH
Market value$10.45M
3.04%
Sole
87K
Shared
0.00
None
204.80K
EXCHANGE BANK
SOLEShares76.04K
TypeSH
Market value$9.89M
2.88%
Sole
23.60K
Shared
0.00
None
52.44K
SB FINANCIAL
SOLEShares390.98K
TypeSH
Market value$8.71M
2.54%
Sole
133K
Shared
0.00
None
257.98K
FIRST BUSINESS
SOLEShares153.78K
TypeSH
Market value$8.35M
2.43%
Sole
87K
Shared
0.00
None
66.78K
SHELL PLC
SOLEShares111.33K
TypeSH
Market value$8.18M
2.38%
Sole
30K
Shared
0.00
None
81.33K
PARKE BANCORP
SOLEShares316.45K
TypeSH
Market value$7.92M
2.31%
Sole
110K
Shared
0.00
None
206.45K
BUNGE LIMITED
SOLEShares79.92K
TypeSH
Market value$7.12M
2.07%
Sole
26K
Shared
0.00
None
53.92K
PPL CAPITAL
SOLEShares6.30M
TypePRN
Market value$6.92M
2.02%
Sole
125K
Shared
0.00
None
6.18M
FIDELITY CVNGTN
SOLEShares275.16K
TypeSH
Market value$6.82M
1.99%
Sole
71K
Shared
0.00
None
204.16K
JAZZ INVEST
SOLEShares5.67M
TypePRN
Market value$6.55M
1.91%
Sole
1.50M
Shared
0.00
None
4.17M
INNOVIVA INC
SOLEShares6.38M
TypePRN
Market value$6.48M
1.89%
Sole
990K
Shared
0.00
None
5.38M
PFIZER INC
SOLEShares249.73K
TypeSH
Market value$6.22M
1.81%
Sole
60K
Shared
0.00
None
189.73K
MERCK&CO INC
SOLEShares58.53K
TypeSH
Market value$6.16M
1.80%
Sole
13.30K
Shared
0.00
None
45.23K
ENERGY TRANSFER
SOLEShares373.29K
TypeSH
Market value$6.16M
1.79%
Sole
0.00
Shared
0.00
None
373.29K
BENCHMARK BANK
SOLEShares172.88K
TypeSH
Market value$5.75M
1.68%
Sole
113K
Shared
0.00
None
59.88K
VIATRIS INC
SOLEShares457.57K
TypeSH
Market value$5.70M
1.66%
Sole
125K
Shared
0.00
None
332.57K
VERIZON COMM
SOLEShares137.74K
TypeSH
Market value$5.61M
1.64%
Sole
0.00
Shared
0.00
None
137.74K
KIMCO REALTY
SOLEShares89.99K
TypeSH
Market value$5.27M
1.54%
Sole
32K
Shared
0.00
None
57.99K
VICI PRPTY
SOLEShares187.03K
TypeSH
Market value$5.26M
1.53%
Sole
45K
Shared
0.00
None
142.03K
GLOBAL MEDICAL
SOLEShares155.02K
TypeSH
Market value$5.23M
1.52%
Sole
30K
Shared
0.00
None
125.02K
FIRST NATL VA
SOLEShares203.11K
TypeSH
Market value$5.13M
1.49%
Sole
131.32K
Shared
0.00
None
71.78K
CHESPKE FINAN
SOLEShares178.50K
TypeSH
Market value$5.04M
1.47%
Sole
107K
Shared
0.00
None
71.50K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
AGNICO-EAGLESOLE | COM | 120.11K | SH | $20.36M 5.93% | 30K | 0.00 | 90.11K |
METLIFE INCSOLE | COM | 166.13K | SH | $13.11M 3.82% | 54K | 0.00 | 112.13K |
CTO REALTY GRWSOLE | COM | 663.54K | SH | $12.22M 3.56% | 266.01K | 0.00 | 397.53K |
TIMBERLAND BANCSOLE | COM | 291.80K | SH | $10.45M 3.04% | 87K | 0.00 | 204.80K |
EXCHANGE BANKSOLE | COM | 76.04K | SH | $9.89M 2.88% | 23.60K | 0.00 | 52.44K |
SB FINANCIALSOLE | COM | 390.98K | SH | $8.71M 2.54% | 133K | 0.00 | 257.98K |
FIRST BUSINESSSOLE | COM | 153.78K | SH | $8.35M 2.43% | 87K | 0.00 | 66.78K |
SHELL PLCSOLE | SPON ADS | 111.33K | SH | $8.18M 2.38% | 30K | 0.00 | 81.33K |
PARKE BANCORPSOLE | COM | 316.45K | SH | $7.92M 2.31% | 110K | 0.00 | 206.45K |
BUNGE LIMITEDSOLE | COM SHS | 79.92K | SH | $7.12M 2.07% | 26K | 0.00 | 53.92K |
PPL CAPITALSOLE | NOTE 2.875% 3/1 | 6.30M | PRN | $6.92M 2.02% | 125K | 0.00 | 6.18M |
FIDELITY CVNGTNSOLE | MSCI ENERGY IDX | 275.16K | SH | $6.82M 1.99% | 71K | 0.00 | 204.16K |
JAZZ INVESTSOLE | NOTE 2.000% 6/1 | 5.67M | PRN | $6.55M 1.91% | 1.50M | 0.00 | 4.17M |
INNOVIVA INCSOLE | NOTE 2.125% 3/1 | 6.38M | PRN | $6.48M 1.89% | 990K | 0.00 | 5.38M |
PFIZER INCSOLE | COM | 249.73K | SH | $6.22M 1.81% | 60K | 0.00 | 189.73K |
MERCK&CO INCSOLE | COM | 58.53K | SH | $6.16M 1.80% | 13.30K | 0.00 | 45.23K |
ENERGY TRANSFERSOLE | COM UT LTD PTN | 373.29K | SH | $6.16M 1.79% | 0.00 | 0.00 | 373.29K |
BENCHMARK BANKSOLE | COM | 172.88K | SH | $5.75M 1.68% | 113K | 0.00 | 59.88K |
VIATRIS INCSOLE | COM | 457.57K | SH | $5.70M 1.66% | 125K | 0.00 | 332.57K |
VERIZON COMMSOLE | COM | 137.74K | SH | $5.61M 1.64% | 0.00 | 0.00 | 137.74K |
KIMCO REALTYSOLE | DP CV CL N 7.25% | 89.99K | SH | $5.27M 1.54% | 32K | 0.00 | 57.99K |
VICI PRPTYSOLE | COM | 187.03K | SH | $5.26M 1.53% | 45K | 0.00 | 142.03K |
GLOBAL MEDICALSOLE | COM NEW | 155.02K | SH | $5.23M 1.52% | 30K | 0.00 | 125.02K |
FIRST NATL VASOLE | COM | 203.11K | SH | $5.13M 1.49% | 131.32K | 0.00 | 71.78K |
CHESPKE FINANSOLE | COM | 178.50K | SH | $5.04M 1.47% | 107K | 0.00 | 71.50K |
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