Q4 2024 · 13F-HR/A
Cutler Capital Management, LLCholdings as filed
Filed 2025-02-13 · accession 0001353098-25-000003
$287.2M
Reported value
117
Positions
2024-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 59156R108 | MET | METLIFE INC | $13.6M | 4.73% | 165,889 | Common | NONE |
| 008474108 | AEM | AGNICO-EAGLE | $11.1M | 3.85% | 141,436 | Common | NONE |
| 887098101 | TSBK | TIMBERLAND BANC | $9.1M | 3.18% | 299,001 | Common | NONE |
| 29273V100 | ET | ENERGY TRANSFER | $8.6M | 3.01% | 441,474 | Common | NONE |
| 210226ad8 | — | CTO REALTY | $8.4M | 2.91% | 6,049,000 | Common | SOLE |
| 301227203 | EXSR | EXCHANGE BANK | $8.2M | 2.87% | 76,054 | Common | NONE |
| 78408D105 | SBFG | SB FINANCIAL | $8.2M | 2.86% | 392,556 | Common | NONE |
| 319390100 | FBIZ | FIRST BUSINESS | $7.1M | 2.47% | 153,199 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $6.9M | 2.42% | 110,826 | Common | NONE |
| 69352pas2 | — | PPL CAPITAL | $6.7M | 2.34% | 6,435,000 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $6.6M | 2.28% | 246,894 | Common | NONE |
| H11356104 | BG | BUNGE LIMITED | $6.4M | 2.23% | 82,237 | Common | NONE |
| 700885106 | PKBK | PARKE BANCORP | $6.3M | 2.21% | 308,932 | Common | NONE |
| 316092402 | FENY | FIDELITY CVNGTN | $6.3M | 2.19% | 263,905 | Common | NONE |
| 472145af8 | — | JAZZ INVEST | $5.9M | 2.04% | 5,780,000 | Common | NONE |
| 92556V106 | VTRS | VIATRIS INC | $5.8M | 2.02% | 465,910 | Common | NONE |
| 58933Y105 | MRK | MERCK&CO INC | $5.8M | 2.01% | 58,025 | Common | NONE |
| 49446r687 | — | KIMCO REALTY | $5.5M | 1.92% | 91,565 | Common | NONE |
| 523338101 | LFGP | LEDYARD FINAN | $5.0M | 1.75% | 326,596 | Common | NONE |
| 925652109 | VICI | VICI PRPTY | $4.8M | 1.67% | 163,969 | Common | NONE |
| 32106V107 | FXNC | FIRST NATL VA | $4.7M | 1.62% | 202,785 | Common | SOLE |
| 08160E207 | BMBN | BENCHMARK BANK | $4.3M | 1.49% | 166,900 | Common | SOLE |
| 962166104 | WY | WEYERHAEUSER | $4.3M | 1.49% | 151,661 | Common | NONE |
| 45781mab7 | — | INNOVIVA INC | $4.2M | 1.45% | 3,805,000 | Common | NONE |
| 03784Y200 | APLE | APPLE HOPTLY | $4.1M | 1.44% | 268,970 | Common | NONE |
| 64944p307 | — | FLAGSTAR FNCL | $3.7M | 1.29% | 98,312 | Common | NONE |
| N20944109 | CNH | CNH INDUSTRIAL | $3.7M | 1.28% | 325,159 | Common | NONE |
| G7738W106 | SFL | SFL CORP LTD | $3.6M | 1.24% | 349,683 | Common | NONE |
| 22948Q101 | CTO | CTO REALTY GROW | $3.5M | 1.23% | 179,766 | Common | NONE |
| 37954A204 | GMREUSD | GLOBAL MEDICAL | $3.5M | 1.21% | 450,279 | Common | NONE |
| 92343V104 | VZ | VERIZON COMM | $3.5M | 1.21% | 86,819 | Common | NONE |
| 063907208 | BORT | BANK BOTETOURT | $3.3M | 1.17% | 104,474 | Common | SOLE |
| 16517A109 | CPKF | CHESPKE FINAN | $3.3M | 1.16% | 173,000 | Common | SOLE |
| 40416eaf0 | — | HCI GROUP INC | $3.2M | 1.11% | 2,075,000 | Common | NONE |
| 203937107 | CWBC | CMNTY WST BANC | $3.1M | 1.09% | 162,061 | Common | NONE |
| 29272W109 | ENR | ENERGIZER HLDNG | $3.1M | 1.07% | 88,437 | Common | NONE |
| 737643106 | PTBS | POTOMAC BANC | $3.1M | 1.07% | 195,068 | Common | SOLE |
| 01446U103 | ALRS | ALERUS FINAN | $3.1M | 1.06% | 158,972 | Common | NONE |
| 531229aq5 | — | LIBERTY MEDIA | $3.0M | 1.05% | 2,460,000 | Common | NONE |
| 30237P106 | FMBM | F&M BANK CORP | $2.7M | 0.94% | 133,939 | Common | SOLE |
| 12628R107 | CSBB | CSB BANCORP | $2.7M | 0.94% | 70,500 | Common | SOLE |
| 013091103 | ACI | ALBERTSONS COS | $2.6M | 0.91% | 133,062 | Common | NONE |
| 401617af2 | — | GUESS INC | $2.6M | 0.91% | 2,764,000 | Common | NONE |
| 026874784 | AIG | AMERICAN INTL | $2.4M | 0.83% | 32,600 | Common | SOLE |
| 588538108 | MFGI | MERCHANTS FINL | $2.4M | 0.82% | 93,700 | Common | SOLE |
| 345370cz1 | — | FORD MOTOR CO | $2.3M | 0.79% | 2,350,000 | Common | NONE |
| 26441cby0 | — | DUKE ENERGY | $2.2M | 0.77% | 2,155,000 | Common | NONE |
| 529043101 | LXPUSD | LXP INDUSTRIAL | $2.2M | 0.76% | 267,481 | Common | NONE |
| 03076K108 | ABCB | AMERIS BANCORP | $2.1M | 0.74% | 33,959 | Common | NONE |
| 92189F643 | MOAT | VE WIDE MOAT | $2.1M | 0.71% | 22,138 | Common | NONE |
| 56064Y100 | MNSB | MAINSTREET BANC | $2.0M | 0.69% | 109,236 | Common | NONE |
| 298736al3 | — | EURONET WORLD | $2.0M | 0.68% | 1,988,000 | Common | NONE |
| 26884U208 | EPR 5.75 PERP C | EPR PRPTY | $1.9M | 0.65% | 89,245 | Common | SOLE |
| 319835104 | FCCO | FIRST CMNTY SC | $1.8M | 0.64% | 76,500 | Common | SOLE |
| 83441Q105 | SOBS | SOLVAY BANK | $1.8M | 0.62% | 68,480 | Common | SOLE |
| 29786aal0 | — | ETSY INC BOND | $1.7M | 0.59% | 1,980,000 | Common | NONE |
| 00206R102 | T | AT&T INC | $1.5M | 0.53% | 66,244 | Common | SOLE |
| 902494103 | TSN | TYSON FOODS | $1.5M | 0.53% | 26,251 | Common | SOLE |
| 531229ap7 | — | LIBERTY MEDIA | $1.4M | 0.50% | 1,400,000 | Common | NONE |
| 711040105 | PFIS | PEOPLES FIN SERV | $1.4M | 0.50% | 27,948 | Common | NONE |
| 30325F101 | FSBH | FSBH CORP | $1.4M | 0.50% | 210,000 | Common | SOLE |
| 501812ab7 | — | LCI INDS CONV | $1.4M | 0.48% | 1,420,000 | Common | NONE |
| 317585404 | FISI | FINANCIAL INST | $1.2M | 0.43% | 45,725 | Common | SOLE |
| 05990K106 | BANC | BANC CALIFORNIA | $1.2M | 0.42% | 77,750 | Common | SOLE |
| 922908363 | VOO | VGRD S&P 500 | $1.1M | 0.37% | 1,972 | Common | NONE |
| 92189F106 | GDX | VE GOLD MINERS | $1.1M | 0.37% | 31,212 | Common | NONE |
| 018802ac2 | — | ALLIANT ENERGY | $1.0M | 0.36% | 1,000,000 | Common | NONE |
| 85571bba2 | — | STARWOOD PPTY | $1.0M | 0.35% | 975,000 | Common | NONE |
| 26942G100 | EBMT | EAGLE BANCORP | $1.0M | 0.35% | 65,634 | Common | SOLE |
| 629377cg5 | — | NRG ENERGY | $965,360 | 0.34% | 440,000 | Common | NONE |
| 009066ab7 | — | AIRBNB INC BOND | $928,620 | 0.32% | 990,000 | Common | NONE |
| 459506101 | IFF | INTL FLAVORS | $879,315 | 0.31% | 10,400 | Common | NONE |
| 46131M106 | VGM | INVESCO MUNI | $869,785 | 0.30% | 86,117 | Common | NONE |
| 16115q407 | — | CHART INDS INC | $832,369 | 0.29% | 11,810 | Common | NONE |
| 928298ar9 | — | VISHAY INTERT | $772,013 | 0.27% | 865,000 | Common | NONE |
| 95766R104 | WIW | WESTERN OPP FUND | $734,090 | 0.26% | 88,765 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $610,286 | 0.21% | 1,448 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHA | $605,582 | 0.21% | 1,336 | Common | NONE |
| 55261F104 | MTB | M&T BANK CORP | $597,745 | 0.21% | 3,179 | Common | NONE |
| 17316V104 | CZBT | CITIZENS BANC VA | $597,375 | 0.21% | 20,250 | Common | SOLE |
| 410120109 | HWC | HANCOCK WHITNEY | $596,342 | 0.21% | 10,898 | Common | NONE |
| 05990k841 | — | BANC OF CALIF | $596,092 | 0.21% | 24,400 | Common | NONE |
| 840441109 | SSBUSD | SOUTHSTATE CORP | $565,793 | 0.20% | 5,688 | Common | NONE |
| 45781mad3 | — | INNOVIVA INC | $563,640 | 0.20% | 600,000 | Common | NONE |
| G21810109 | CLVT | CLARIVATE PLC | $547,100 | 0.19% | 107,697 | Common | NONE |
| 095825105 | BRBS | BLUE RIDGE BANK | $515,200 | 0.18% | 160,000 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $499,920 | 0.17% | 3,000 | Common | NONE |
| 33736Q104 | QABA | FT NAS CMTY BNK | $443,454 | 0.15% | 7,983 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $426,480 | 0.15% | 2,400 | Common | NONE |
| 464287663 | IUSV | IS S&P US VALUE | $422,859 | 0.15% | 4,567 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 | $387,051 | 0.13% | 660 | Common | NONE |
| 806857108 | SLB | SCHLUMBERGER | $341,226 | 0.12% | 8,900 | Common | NONE |
| 89151E109 | TTEN | TOTALENERGIES | $331,469 | 0.12% | 6,082 | Common | NONE |
| 501044101 | KR | KROGER CO COM | $315,634 | 0.11% | 5,162 | Common | NONE |
| 84921rab6 | — | SPOTIFY USA | $308,299 | 0.11% | 290,000 | Common | NONE |
| 811707801 | SBCF | SEACOAST BANKIN | $298,047 | 0.10% | 10,826 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE | $284,775 | 0.10% | 1,188 | Common | NONE |
| 163092ad1 | — | CHEGG INC CONV | $281,155 | 0.10% | 290,000 | Common | NONE |
| 70509vaa8 | — | PEBBLEBRK HOTEL | $278,580 | 0.10% | 300,000 | Common | NONE |
| 30212pbe4 | — | EXPEDIA GROUP | $272,806 | 0.09% | 275,000 | Common | NONE |
| 580683209 | — | MCHENRY BANC | $251,363 | 0.09% | 33,515 | Common | SOLE |
| 012653200 | ALB 7.25 03/01/27 | ALBEMARLE CORP | $208,536 | 0.07% | 5,125 | Common | NONE |
| 353525108 | FRAF | FRANKLIN FINANC | $206,571 | 0.07% | 6,909 | Common | NONE |
| 023135106 | AMZN | AMAZON.COM | $171,124 | 0.06% | 780 | Common | NONE |
| 928298ap3 | — | VISHAY INTERT | $160,064 | 0.06% | 164,000 | Common | NONE |
| 393657am3 | — | GREENBRIER COS | $141,629 | 0.05% | 117,000 | Common | NONE |
| 459200101 | IBM | INTL BUS MACHINE | $134,316 | 0.05% | 611 | Common | NONE |
| G51502105 | JCI | JOHNSON CONTROL | $130,077 | 0.05% | 1,648 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $123,802 | 0.04% | 654 | Common | NONE |
| 464287473 | IWS | IS RUS MID VALU | $114,595 | 0.04% | 886 | Common | NONE |
| 26441C204 | DUK | DUK ENRGY CORP | $113,127 | 0.04% | 1,050 | Common | NONE |
| 808524805 | SCHF | SCHWAB INTL EQUI | $111,000 | 0.04% | 6,000 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL | $109,829 | 0.04% | 1,021 | Common | NONE |
| 011532108 | AGI | ALAMOS GOLD | $107,542 | 0.04% | 5,832 | Common | NONE |
| 40637had1 | — | HALOZYME THERAP | $104,908 | 0.04% | 110,000 | Common | NONE |
| 548661107 | LOW | LOWE'S COS INC | $103,656 | 0.04% | 420 | Common | NONE |
| 46090E103 | QQQ | INV QQQ TRUST | $102,246 | 0.04% | 200 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.