13F HOLDINGS REPORT
Cutler Capital Management, LLC
Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001353098-25-000004
Total Value
$287.5M
Positions
117
Other Managers
0
Confidential Omitted
No
Holdings (117)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | AGNICO-EAGLE | AEM | 134,972 | $14.6M | 5.09% |
| 2 | METLIFE INC | MET-PF | 166,181 | $13.3M | 4.64% |
| 3 | TIMBERLAND BANC | TSBK | 298,801 | $9.0M | 3.13% |
| 4 | CTO REALTY | 210226AD8 | 6,049,000 | $8.4M | 2.94% |
| 5 | EXCHANGE BANK | 301227203 | 76,054 | $8.3M | 2.88% |
| 6 | SB FINANCIAL | 78408D105 | 392,556 | $8.2M | 2.84% |
| 7 | SHELL PLC | RYDAF | 111,056 | $8.1M | 2.83% |
| 8 | ENERGY TRANSFER | ET-PI | 416,471 | $7.7M | 2.69% |
| 9 | FIRST BUSINESS | 319390100 | 155,399 | $7.3M | 2.55% |
| 10 | PPL CAPITAL | PPLC | 6,380,000 | $7.1M | 2.48% |
| 11 | FIDELITY CVNGTN | 316092402 | 263,510 | $6.7M | 2.34% |
| 12 | PFIZER INC | PFE | 250,397 | $6.3M | 2.21% |
| 13 | BUNGE LIMITED | BG | 80,750 | $6.2M | 2.15% |
| 14 | JAZZ INVEST | 472145af8 | 5,780,000 | $6.0M | 2.08% |
| 15 | PARKE BANCORP | PKBK | 308,932 | $5.8M | 2.02% |
| 16 | KIMCO REALTY | KIM-PN | 90,923 | $5.5M | 1.90% |
| 17 | VICI PRPTY | 925652109 | 165,232 | $5.4M | 1.87% |
| 18 | MERCK&CO INC | MRK | 57,731 | $5.2M | 1.80% |
| 19 | LEDYARD FINAN | 523338101 | 326,121 | $5.1M | 1.76% |
| 20 | WEYERHAEUSER | WY | 158,888 | $4.7M | 1.62% |
| 21 | FIRST NATL VA | 32106V107 | 202,785 | $4.6M | 1.58% |
| 22 | INNOVIVA INC | INVA | 4,395,000 | $4.2M | 1.47% |
| 23 | BENCHMARK BANK | BMBN | 167,800 | $4.2M | 1.46% |
| 24 | VIATRIS INC | VTRS | 464,910 | $4.0M | 1.41% |
| 25 | GLOBAL MEDICAL | 37954A204 | 457,038 | $4.0M | 1.39% |
| 26 | VERIZON COMM | VZ | 88,135 | $4.0M | 1.39% |
| 27 | CNH INDUSTRIAL | N20944109 | 324,859 | $4.0M | 1.39% |
| 28 | CTO REALTY GROW | 22948Q101 | 191,892 | $3.7M | 1.29% |
| 29 | FLAGSTAR FNCL | 64944p307 | 98,312 | $3.7M | 1.27% |
| 30 | APPLE HOPTLY | APLE | 280,870 | $3.6M | 1.26% |
| 31 | BANK BOTETOURT | 063907208 | 104,474 | $3.5M | 1.21% |
| 32 | POTOMAC BANC | 737643106 | 211,168 | $3.4M | 1.19% |
| 33 | CHESPKE FINAN | CPKF | 173,000 | $3.3M | 1.15% |
| 34 | CSB BANCORP | CSBB | 69,000 | $3.0M | 1.06% |
| 35 | CMNTY WST BANC | CWBC | 162,061 | $3.0M | 1.04% |
| 36 | ALERUS FINAN | 01446U103 | 158,972 | $2.9M | 1.02% |
| 37 | LIBERTY MEDIA | FWONB | 2,395,000 | $2.9M | 1.01% |
| 38 | ALBERTSONS COS | 013091103 | 131,762 | $2.9M | 1.01% |
| 39 | AMERICAN INTL | 026874784 | 32,800 | $2.9M | 0.99% |
| 40 | GUESS INC | 401617AF2 | 3,075,000 | $2.8M | 0.98% |
| 41 | SFL CORP LTD | SFL | 340,289 | $2.8M | 0.97% |
| 42 | ENERGIZER HLDNG | ENR | 91,042 | $2.7M | 0.95% |
| 43 | F&M BANK CORP | FMBM | 136,814 | $2.6M | 0.92% |
| 44 | LXP INDUSTRIAL | LXP-PC | 272,284 | $2.4M | 0.82% |
| 45 | DUKE ENERGY | DUKB | 2,145,000 | $2.3M | 0.81% |
| 46 | FORD MOTOR CO | F-PD | 2,350,000 | $2.3M | 0.80% |
| 47 | MERCHANTS FINL | 588538108 | 93,700 | $2.3M | 0.79% |
| 48 | HCI GROUP INC | HCIIP | 1,205,000 | $2.2M | 0.78% |
| 49 | VE WIDE MOAT | 92189F643 | 22,743 | $2.0M | 0.70% |
| 50 | AMERIS BANCORP | ABCB | 33,759 | $1.9M | 0.68% |
| 51 | EPR PRPTY | 26884U208 | 82,745 | $1.9M | 0.66% |
| 52 | SOLVAY BANK | 83441Q105 | 63,257 | $1.9M | 0.65% |
| 53 | AT&T INC | T-PC | 65,344 | $1.8M | 0.64% |
| 54 | ETSY INC BOND | ETSY | 1,980,000 | $1.7M | 0.60% |
| 55 | FIRST CMNTY SC | 319835104 | 76,500 | $1.7M | 0.60% |
| 56 | TYSON FOODS | TSN | 26,251 | $1.7M | 0.58% |
| 57 | FSBH CORP | 30325F101 | 210,000 | $1.5M | 0.52% |
| 58 | LIBERTY MEDIA | FWONB | 1,400,000 | $1.5M | 0.50% |
| 59 | MAINSTREET BANC | MNSBP | 86,297 | $1.4M | 0.50% |
| 60 | LCI INDS CONV | 501812ab7 | 1,420,000 | $1.4M | 0.48% |
| 61 | PROGRESS SOFTWARE CORP | 743312ad2 | 1,300,000 | $1.4M | 0.47% |
| 62 | PEOPLES FIN SERV | 711040105 | 27,948 | $1.2M | 0.43% |
| 63 | VE GOLD MINERS | 92189F106 | 26,752 | $1.2M | 0.43% |
| 64 | FINANCIAL INST | 317585404 | 47,025 | $1.2M | 0.41% |
| 65 | BANC CALIFORNIA | BANC-PF | 77,750 | $1.1M | 0.38% |
| 66 | EAGLE BANCORP | 26942G100 | 62,405 | $1.0M | 0.36% |
| 67 | ALLIANT ENERGY | LNT | 965,000 | $1.0M | 0.36% |
| 68 | STARWOOD PPTY | STHO | 975,000 | $1.0M | 0.36% |
| 69 | VGRD S&P 500 | 922908363 | 1,977 | $1.0M | 0.35% |
| 70 | AIRBNB INC BOND | 009066ab7 | 990,000 | $944,955 | 0.33% |
| 71 | INVESCO MUNI | IVZ | 86,117 | $857,728 | 0.30% |
| 72 | INTL FLAVORS | 459506101 | 10,400 | $807,139 | 0.28% |
| 73 | WESTERN OPP FUND | 95766R104 | 90,665 | $796,949 | 0.28% |
| 74 | VISHAY INTERT | VSH | 865,000 | $763,363 | 0.27% |
| 75 | BERKSHIRE HATHA | BRK-A | 1,330 | $708,331 | 0.25% |
| 76 | SCHLUMBERGER | SLB | 16,844 | $704,073 | 0.24% |
| 77 | MICROSOFT CORP | MSFT | 1,783 | $669,279 | 0.23% |
| 78 | CHART INDS INC | 16115q407 | 11,810 | $646,834 | 0.22% |
| 79 | BANC OF CALIF | BANC-PF | 23,200 | $578,840 | 0.20% |
| 80 | HANCOCK WHITNEY | HWCPZ | 10,898 | $571,604 | 0.20% |
| 81 | M&T BANK CORP | 55261F104 | 3,179 | $568,304 | 0.20% |
| 82 | CITIZENS BANC VA | CIA | 20,250 | $552,825 | 0.19% |
| 83 | SOUTHSTATE CORP | SSB | 5,688 | $527,914 | 0.18% |
| 84 | AMPHASTAR PHARMA | AMPH | 515,000 | $456,748 | 0.16% |
| 85 | ABBVIE INC | ABBV | 2,119 | $443,973 | 0.15% |
| 86 | IS S&P US VALUE | 464287663 | 4,567 | $421,488 | 0.15% |
| 87 | ORACLE CORP | ORCL-PD | 3,000 | $419,430 | 0.15% |
| 88 | FT NAS CMTY BNK | 33736Q104 | 7,909 | $413,462 | 0.14% |
| 89 | CLARIVATE PLC | CLVT | 103,178 | $405,490 | 0.14% |
| 90 | NRG ENERGY | NRG | 170,000 | $395,738 | 0.14% |
| 91 | SPDR S&P 500 | SPY | 664 | $371,685 | 0.13% |
| 92 | KROGER CO COM | KR | 5,162 | $349,394 | 0.12% |
| 93 | JPMORGAN CHASE | VYLD | 1,310 | $321,343 | 0.11% |
| 94 | PEBBLEBRK HOTEL | 70509vaa8 | 300,000 | $280,350 | 0.10% |
| 95 | SEACOAST BANKIN | SE | 10,826 | $278,560 | 0.10% |
| 96 | EXPEDIA GROUP | EXPE | 245,000 | $241,325 | 0.08% |
| 97 | AMAZON.COM | AMZN | 1,125 | $214,043 | 0.07% |
| 98 | ALPHABET INC | GOOG | 1,229 | $190,053 | 0.07% |
| 99 | ALBEMARLE CORP | ALB-PA | 5,125 | $182,706 | 0.06% |
| 100 | VISHAY INTERT | VSH | 164,000 | $160,523 | 0.06% |
| 101 | FRANKLIN FINANC | 353525108 | 4,400 | $155,980 | 0.05% |
| 102 | ALAMOS GOLD | AGI | 5,832 | $155,948 | 0.05% |
| 103 | INTL BUS MACHINE | INTR | 611 | $151,931 | 0.05% |
| 104 | JOHNSON CONTROL | G51502105 | 1,842 | $147,563 | 0.05% |
| 105 | EXXON MOBIL | XOM | 1,225 | $145,689 | 0.05% |
| 106 | DUK ENRGY CORP | DUKB | 1,105 | $134,777 | 0.05% |
| 107 | GREENBRIER COS | 393657am3 | 117,000 | $129,449 | 0.05% |
| 108 | COSTCO WHOLESALE | 22160K105 | 132 | $124,843 | 0.04% |
| 109 | INV QQQ TRUST | IVZ | 264 | $123,795 | 0.04% |
| 110 | WALMART INC | WMT | 1,385 | $121,589 | 0.04% |
| 111 | SCHWAB INTL EQUI | 808524805 | 6,000 | $118,680 | 0.04% |
| 112 | HALOZYME THERAP | HALO | 110,000 | $116,394 | 0.04% |
| 113 | SOUTHERN CO | SOMN | 1,258 | $115,673 | 0.04% |
| 114 | IS RUS MID VALU | 464287473 | 886 | $111,609 | 0.04% |
| 115 | ISHARES 3-7 | 464288661 | 902 | $106,558 | 0.04% |
| 116 | ISHARES TRUST 1-3 | 464287457 | 1,286 | $106,391 | 0.04% |
| 117 | LOWE'S COS INC | 548661107 | 442 | $103,088 | 0.04% |