Filed: 5/15/2026ACC: 0001353098-26-000003
📋 What this filing means
CUTLER CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 116 equity positions with a total reported market value of $369.86M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
116
Positions
$369.86M
Total AUM (reported)
59.68M
Total Shares
Allocation by class
COM$230.40M62.3%
COM NEW$16.38M4.4%
SPON ADS$10.30M2.8%
COM SHS$10.09M2.7%
MSCI ENERGY IDX$9.09M2.5%
NOTE 3.750% 3/1$7.50M2.0%
COM UT LTD PTN$7.28M2.0%
Portfolio Concentration
Top 3$48.69M13.2%
4–10$69.35M18.8%
11–25$100.19M27.1%
Rest$151.62M41.0%
Top 3 weight
13.2%
Top 10 weight
31.9%
Voting Authority Distribution
Total shares with voting rights: 59.68M
Sole
Full voting authority
5.13M
shares
% of voting shares8.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
54.55M
shares
% of voting shares91.4%
Investment Discretion (by position count)
Sole116
Shared0
Other0
Dominant voting typeNone · 91.4% of voting shares
Institutional Holdings116
Rows:
AGNICO-EAGLE
SOLEShares118.60K
TypeSH
Market value$24.07M
6.51%
Sole
30K
Shared
0.00
None
88.60K
METLIFE INC
SOLEShares175.76K
TypeSH
Market value$12.43M
3.36%
Sole
54K
Shared
0.00
None
121.76K
CTO REALTY GRW
SOLEShares659.37K
TypeSH
Market value$12.19M
3.30%
Sole
266.01K
Shared
0.00
None
393.36K
TIMBERLAND BANC
SOLEShares291.20K
TypeSH
Market value$11.48M
3.10%
Sole
87K
Shared
0.00
None
204.20K
EXCHANGE BANK
SOLEShares75.78K
TypeSH
Market value$11.03M
2.98%
Sole
23.60K
Shared
0.00
None
52.18K
SHELL PLC
SOLEShares110.70K
TypeSH
Market value$10.30M
2.78%
Sole
30K
Shared
0.00
None
80.70K
BUNGE LIMITED
SOLEShares79.36K
TypeSH
Market value$10.09M
2.73%
Sole
26K
Shared
0.00
None
53.36K
FIDELITY CVNGTN
SOLEShares267.31K
TypeSH
Market value$9.09M
2.46%
Sole
71K
Shared
0.00
None
196.31K
PARKE BANCORP
SOLEShares317.43K
TypeSH
Market value$9.01M
2.44%
Sole
110K
Shared
0.00
None
207.43K
FIRST BUSINESS
SOLEShares154.59K
TypeSH
Market value$8.34M
2.25%
Sole
87K
Shared
0.00
None
67.59K
SB FINANCIAL
SOLEShares390.14K
TypeSH
Market value$8.19M
2.22%
Sole
133K
Shared
0.00
None
257.14K
SIRIUS XM HLDNGS
SOLEShares7.22M
TypePRN
Market value$7.50M
2.03%
Sole
0.00
Shared
0.00
None
7.22M
ENERGY TRANSFER
SOLEShares377.20K
TypeSH
Market value$7.28M
1.97%
Sole
0.00
Shared
0.00
None
377.20K
PPL CAPITAL
SOLEShares6.21M
TypePRN
Market value$7.28M
1.97%
Sole
125K
Shared
0.00
None
6.08M
VERIZON COMM
SOLEShares141.37K
TypeSH
Market value$7.10M
1.92%
Sole
0.00
Shared
0.00
None
141.37K
MERCK&CO INC
SOLEShares58.40K
TypeSH
Market value$7.02M
1.90%
Sole
13.30K
Shared
0.00
None
45.10K
PFIZER INC
SOLEShares248.77K
TypeSH
Market value$6.99M
1.89%
Sole
60K
Shared
0.00
None
188.77K
INNOVIVA INC
SOLEShares6.32M
TypePRN
Market value$6.82M
1.84%
Sole
990K
Shared
0.00
None
5.33M
PROGRESS SOFTWARE
SOLEShares7.54M
TypePRN
Market value$6.70M
1.81%
Sole
0.00
Shared
0.00
None
7.54M
BENCHMARK BANK
SOLEShares173.08K
TypeSH
Market value$6.27M
1.70%
Sole
113K
Shared
0.00
None
60.08K
VIATRIS INC
SOLEShares456.27K
TypeSH
Market value$6.16M
1.67%
Sole
125K
Shared
0.00
None
331.27K
BANK BOTETOURT
SOLEShares122.47K
TypeSH
Market value$5.76M
1.56%
Sole
79.40K
Shared
0.00
None
43.06K
LEDYARD FINAN
SOLEShares335.70K
TypeSH
Market value$5.72M
1.55%
Sole
139.90K
Shared
0.00
None
195.80K
CHESPKE FINAN
SOLEShares178.50K
TypeSH
Market value$5.71M
1.54%
Sole
107K
Shared
0.00
None
71.50K
CHIRON RL ESTTE
SOLEShares172.21K
TypeSH
Market value$5.70M
1.54%
Sole
30K
Shared
0.00
None
142.21K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
AGNICO-EAGLESOLE | COM | 118.60K | SH | $24.07M 6.51% | 30K | 0.00 | 88.60K |
METLIFE INCSOLE | COM | 175.76K | SH | $12.43M 3.36% | 54K | 0.00 | 121.76K |
CTO REALTY GRWSOLE | COM | 659.37K | SH | $12.19M 3.30% | 266.01K | 0.00 | 393.36K |
TIMBERLAND BANCSOLE | COM | 291.20K | SH | $11.48M 3.10% | 87K | 0.00 | 204.20K |
EXCHANGE BANKSOLE | COM | 75.78K | SH | $11.03M 2.98% | 23.60K | 0.00 | 52.18K |
SHELL PLCSOLE | SPON ADS | 110.70K | SH | $10.30M 2.78% | 30K | 0.00 | 80.70K |
BUNGE LIMITEDSOLE | COM SHS | 79.36K | SH | $10.09M 2.73% | 26K | 0.00 | 53.36K |
FIDELITY CVNGTNSOLE | MSCI ENERGY IDX | 267.31K | SH | $9.09M 2.46% | 71K | 0.00 | 196.31K |
PARKE BANCORPSOLE | COM | 317.43K | SH | $9.01M 2.44% | 110K | 0.00 | 207.43K |
FIRST BUSINESSSOLE | COM | 154.59K | SH | $8.34M 2.25% | 87K | 0.00 | 67.59K |
SB FINANCIALSOLE | COM | 390.14K | SH | $8.19M 2.22% | 133K | 0.00 | 257.14K |
SIRIUS XM HLDNGSSOLE | NOTE 3.750% 3/1 | 7.22M | PRN | $7.50M 2.03% | 0.00 | 0.00 | 7.22M |
ENERGY TRANSFERSOLE | COM UT LTD PTN | 377.20K | SH | $7.28M 1.97% | 0.00 | 0.00 | 377.20K |
PPL CAPITALSOLE | NOTE 2.875% 3/1 | 6.21M | PRN | $7.28M 1.97% | 125K | 0.00 | 6.08M |
VERIZON COMMSOLE | COM | 141.37K | SH | $7.10M 1.92% | 0.00 | 0.00 | 141.37K |
MERCK&CO INCSOLE | COM | 58.40K | SH | $7.02M 1.90% | 13.30K | 0.00 | 45.10K |
PFIZER INCSOLE | COM | 248.77K | SH | $6.99M 1.89% | 60K | 0.00 | 188.77K |
INNOVIVA INCSOLE | NOTE 2.125% 3/1 | 6.32M | PRN | $6.82M 1.84% | 990K | 0.00 | 5.33M |
PROGRESS SOFTWARESOLE | NOTE 3.500% 3/0 | 7.54M | PRN | $6.70M 1.81% | 0.00 | 0.00 | 7.54M |
BENCHMARK BANKSOLE | COM | 173.08K | SH | $6.27M 1.70% | 113K | 0.00 | 60.08K |
VIATRIS INCSOLE | COM | 456.27K | SH | $6.16M 1.67% | 125K | 0.00 | 331.27K |
BANK BOTETOURTSOLE | COM | 122.47K | SH | $5.76M 1.56% | 79.40K | 0.00 | 43.06K |
LEDYARD FINANSOLE | COM | 335.70K | SH | $5.72M 1.55% | 139.90K | 0.00 | 195.80K |
CHESPKE FINANSOLE | COM | 178.50K | SH | $5.71M 1.54% | 107K | 0.00 | 71.50K |
CHIRON RL ESTTESOLE | COM NEW | 172.21K | SH | $5.70M 1.54% | 30K | 0.00 | 142.21K |
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