13F HOLDINGS REPORT
Cutler Capital Management, LLC
Quarter ended Q1 2023 · Filed February 14, 2023 · Accession 0001353098-23-000001
Total Value
$243.0M
Positions
107
Other Managers
0
Confidential Omitted
No
Holdings (107)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | METLIFE | MET-PF | 164,924 | $11.9M | 4.91% |
| 2 | MERCK | MRK | 93,783 | $10.4M | 4.28% |
| 3 | TIMBERLAND BANK | TSBK | 285,228 | $9.7M | 4.01% |
| 4 | EXCHANGE BANK | 301227203 | 72,752 | $8.2M | 3.38% |
| 5 | PFIZER | PFE | 149,873 | $7.7M | 3.16% |
| 6 | BUNGE LIMITED | BG | 72,245 | $7.2M | 2.97% |
| 7 | AGNICO EAGLE | AEM | 135,700 | $7.1M | 2.90% |
| 8 | SB FINANCIAL | 78408D105 | 397,239 | $6.7M | 2.77% |
| 9 | PARKE BANCORP | PKBK | 295,130 | $6.1M | 2.52% |
| 10 | LEDYARD FINANCIAL | 523338101 | 330,054 | $5.9M | 2.42% |
| 11 | INTL FLAVORS | 459506101 | 51,141 | $5.4M | 2.21% |
| 12 | FIRST BUSINESS | 319390100 | 135,750 | $5.0M | 2.04% |
| 13 | TYSON FOODS | TSN | 76,933 | $4.8M | 1.97% |
| 14 | ENERGY TRANSFER MLP | ET-PI | 402,207 | $4.8M | 1.96% |
| 15 | FIDELITY ENERGY ETF | 316092402 | 200,201 | $4.8M | 1.96% |
| 16 | COMMUNITY WEST | CWBC | 314,055 | $4.7M | 1.93% |
| 17 | WEYERHAEUSER | WY | 148,042 | $4.6M | 1.89% |
| 18 | ENERGIZER | ENR | 130,026 | $4.4M | 1.79% |
| 19 | SHELL PLC | RYDAF | 73,349 | $4.2M | 1.72% |
| 20 | VIATRIS INC | VTRS | 362,304 | $4.0M | 1.66% |
| 21 | NY COMM BANC | FLG-PU | 92,503 | $4.0M | 1.65% |
| 22 | HARBOR CUSTOM | 41150T207 | 581,850 | $3.8M | 1.54% |
| 23 | AT&T INC | T-PC | 199,108 | $3.7M | 1.51% |
| 24 | ALERUS FINAN | 01446U103 | 154,277 | $3.6M | 1.48% |
| 25 | SFL CORP | SFL | 3,705,000 | $3.6M | 1.48% |
| 26 | LEXINGTON | LXP-PC | 352,023 | $3.5M | 1.45% |
| 27 | CHESAPEAKE FINL | CPKF | 170,500 | $3.4M | 1.41% |
| 28 | FIRST NATIONAL | 32106V107 | 197,039 | $3.4M | 1.39% |
| 29 | RPT REALTY | 74971D200 | 65,289 | $3.3M | 1.34% |
| 30 | BENCHMARK BANK | BMBN | 138,405 | $3.1M | 1.28% |
| 31 | F&M BANCORP | FMBM | 133,914 | $3.1M | 1.26% |
| 32 | BLUE RIDGE BANK | BRBS | 231,200 | $2.9M | 1.19% |
| 33 | VERIZON | VZ | 72,827 | $2.9M | 1.18% |
| 34 | BANK BOTETOURT | 063907208 | 99,294 | $2.8M | 1.16% |
| 35 | POTOMAC BANCSH | 737643106 | 170,500 | $2.8M | 1.15% |
| 36 | VICI PRPTY | 925652109 | 82,237 | $2.7M | 1.10% |
| 37 | CAMBRIDGE BANC | 132152109 | 31,900 | $2.6M | 1.09% |
| 38 | GLOBAL MEDICAL | 37954A204 | 278,023 | $2.6M | 1.08% |
| 39 | MEDICAL PRTY | 58463J304 | 236,405 | $2.6M | 1.08% |
| 40 | CSB BANCORP | CSBB | 67,000 | $2.6M | 1.06% |
| 41 | FIRST NATL AK | 32112J106 | 10,876 | $2.5M | 1.04% |
| 42 | MAIN STREET BANC | MNSBP | 79,861 | $2.2M | 0.90% |
| 43 | SOLVAY BANK | 83441Q105 | 63,666 | $2.2M | 0.89% |
| 44 | AMERIS BANCORP | ABCB | 44,874 | $2.1M | 0.87% |
| 45 | PRA GROUP | PRAA | 2,095,000 | $2.1M | 0.85% |
| 46 | AMERICAN INTL | 026874784 | 32,500 | $2.1M | 0.85% |
| 47 | FIRST NATIONAL | 302578109 | 241,350 | $2.0M | 0.82% |
| 48 | FIRST COMMUNITY | 319835104 | 75,767 | $1.7M | 0.68% |
| 49 | HANESBRANDS | 410345102 | 260,296 | $1.7M | 0.68% |
| 50 | FSBH CORP | 30325F101 | 179,492 | $1.6M | 0.67% |
| 51 | ORRSTOWN FINL | 687380105 | 69,943 | $1.6M | 0.67% |
| 52 | MERCHANTS FINAN | 588538108 | 52,927 | $1.5M | 0.63% |
| 53 | HCI GROUP | HCIIP | 37,980 | $1.5M | 0.62% |
| 54 | GREAT AJAX | 38983D409 | 55,660 | $1.3M | 0.55% |
| 55 | FRANKLIN FINL | 353525108 | 33,283 | $1.2M | 0.49% |
| 56 | BLACKSTONE GRP | 09257WAC4 | 1,225,000 | $1.2M | 0.49% |
| 57 | ALBERTSONS | 013091103 | 56,070 | $1.2M | 0.48% |
| 58 | READY CAPITAL | RC-PE | 45,279 | $1.1M | 0.47% |
| 59 | ABBVIE | ABBV | 70,000 | $1.1M | 0.47% |
| 60 | EAGLE BANCORP | 26942G100 | 69,500 | $1.1M | 0.46% |
| 61 | CTO REALTY | 22948Q101 | 57,929 | $1.1M | 0.44% |
| 62 | EPR PROPERTIES | 26884U208 | 55,613 | $999,365 | 0.41% |
| 63 | APPLE HOSPITLITY | APLE | 56,820 | $896,612 | 0.37% |
| 64 | FINANCIAL INST | 317585404 | 36,000 | $876,960 | 0.36% |
| 65 | INVESCO TR INVT CEF | IVZ | 86,117 | $865,479 | 0.36% |
| 66 | FINWARD | FNWD | 23,106 | $836,437 | 0.34% |
| 67 | FIRST LONG ISLAND | 320734106 | 44,614 | $803,051 | 0.33% |
| 68 | LYFT INC | LYFT | 895,000 | $788,012 | 0.32% |
| 69 | TOTAL ENERGIES | TTE | 12,000 | $744,960 | 0.31% |
| 70 | MCHENRY BANCORP | 580683209 | 28,000 | $711,200 | 0.29% |
| 71 | CITIZENS BANC | CIA | 22,500 | $642,375 | 0.26% |
| 72 | PACWEST BANC | 695263202 | 25,300 | $632,500 | 0.26% |
| 73 | VANECK VECTORS ETF | 92189F643 | 9,681 | $628,387 | 0.26% |
| 74 | KEYCORP | 493267108 | 34,295 | $597,418 | 0.25% |
| 75 | LAKELAND BANCORP | 511637100 | 31,000 | $545,910 | 0.22% |
| 76 | HANCOCK WHITNEY | HWCPZ | 10,219 | $494,492 | 0.20% |
| 77 | SOUTH STATE | SSB | 5,474 | $418,025 | 0.17% |
| 78 | VANECK VECTORS ETF | 92189F106 | 14,553 | $417,085 | 0.17% |
| 79 | BERKSHIRE HATH | BRK-A | 1,336 | $412,690 | 0.17% |
| 80 | M&T BANK | 55261F104 | 2,789 | $404,506 | 0.17% |
| 81 | DIGITALBRIDGE | DBRG-PJ | 365,000 | $359,525 | 0.15% |
| 82 | ISHARES CORE ETF | 464287663 | 5,000 | $353,150 | 0.15% |
| 83 | FIRST TRUST | 33736Q104 | 6,617 | $348,003 | 0.14% |
| 84 | SEACOAST BANKING | SE | 10,235 | $319,215 | 0.13% |
| 85 | BEYOND MEAT | BYND | 1,250,000 | $316,250 | 0.13% |
| 86 | STARWOOD PRPTY | STHO | 320,000 | $310,202 | 0.13% |
| 87 | VANGUARD S&P 500 ETF | 922908363 | 883 | $310,166 | 0.13% |
| 88 | LEGAND PHARMA | LGNZZ | 300,000 | $291,939 | 0.12% |
| 89 | HOPE BANCORP | HOPE | 294,000 | $287,238 | 0.12% |
| 90 | SPDR S&P 500 ETF | SPY | 695 | $265,912 | 0.11% |
| 91 | EZCORP | EZPW | 245,000 | $259,014 | 0.11% |
| 92 | SPOTIFY | 84921RAB6 | 305,000 | $245,525 | 0.10% |
| 93 | CHEGG INC | CHGG | 260,000 | $237,250 | 0.10% |
| 94 | WESTERN DIGITAL | WDC | 22,000 | $209,550 | 0.09% |
| 95 | iPath Series B ETN | VXZ | 13,750 | $194,150 | 0.08% |
| 96 | KKR REAL ESTATE | KKRT | 195,000 | $191,377 | 0.08% |
| 97 | MICROSOFT | MSFT | 672 | $161,136 | 0.07% |
| 98 | GUIDEWIRE | GWRE | 170,000 | $157,335 | 0.06% |
| 99 | NEW MOUNTAIN | 647551AC4 | 140,000 | $138,863 | 0.06% |
| 100 | EURONET | EEFT | 125,000 | $118,204 | 0.05% |
| 101 | WARNER BROS | WBD | 12,407 | $117,618 | 0.05% |
| 102 | SUPERNUS PHARMA | SUPN | 117,000 | $114,952 | 0.05% |
| 103 | PARSONS CORP | PSN | 100,000 | $113,650 | 0.05% |
| 104 | FORD MOTOR | 345370CZ1 | 117,000 | $110,389 | 0.05% |
| 105 | HALOZYME | HALO | 110,000 | $106,494 | 0.04% |
| 106 | VANECK ETF | 92189F122 | 3,225 | $103,624 | 0.04% |
| 107 | GREENBRIER | 393657AM3 | 117,000 | $103,135 | 0.04% |