Holders — by stockHoldings — by fund
Cutler Capital Management, LLC
Everything this manager disclosed owning in US-listed stocks — its complete Form 13F portfolio · as of 2026-06-30 · filed with the SEC up to 45 days after quarter end · CIK 0001353098
$385.0M
disclosed book value
124
positions
4.7%
largest position share
Positions, as of 2026-06-30
top 100 of 124 · 13F covers long US-listed positions only — cash, bonds, private and foreign stakes are not disclosed · PUT/CALL tags = options positions (share-equivalents), not shares held
| # | Issuer | Shares | Value | % of book |
|---|---|---|---|---|
| 1 | AEMAGNICO EAGLE MINES LTD COM | 116,334 | $18.0M | 4.7% |
| 2 | METMETLIFE INC COM USD0.01 | 171,535 | $14.5M | 3.8% |
| 3 | CTOCTO RLTY GROWTH INC NEW COM | 651,274 | $14.0M | 3.6% |
| 4 | TSBKTIMBERLAND BANCORP INC | 285,258 | $12.8M | 3.3% |
| 5 | EXSREXCHANGE BK SANTA ROSA CALIF COM | 74,934 | $12.4M | 3.2% |
| 6 | PKBKPARKE BANCORP INC COM STK USD0.10 | 314,126 | $10.4M | 2.7% |
| 7 | SBFGSB FINL GROUP INC COM | 387,852 | $9.8M | 2.5% |
| 8 | FBIZFIRST BUSINESS FINL SVCS INC W COM | 154,346 | $9.8M | 2.5% |
| 9 | SHELSHELL PLC SPON ADS EA REP 2 ORD SHS | 109,361 | $8.5M | 2.2% |
| 10 | BUNGE GLOBAL SA COM USD0.01 | 77,792 | $8.3M | 2.2% |
| 11 | SIRI 3.75 03/15/28LIBERTY MEDIA CORP DEL BOND | 7.0M | $8.1M | 2.1% |
| 12 | FENYFIDELITY MSCI ENERGY INDEX ETF | 267,547 | $7.9M | 2.1% |
| 13 | BMBNBENCHMARK BANKSHARES INC | 179,382 | $7.4M | 1.9% |
| 14 | VTRSVIATRIS INC COM | 448,363 | $7.1M | 1.8% |
| 15 | PRGS 3.5 03/01/30PROGRESS SOFTWARE CORP BOND | 7.4M | $7.1M | 1.8% |
| 16 | MRKMERCK&CO. INC COM | 55,048 | $7.1M | 1.8% |
| 17 | PPL 2.875 03/15/28PPL CAPITAL FUNDING INC BOND | 6.1M | $6.9M | 1.8% |
| 18 | XRNCHIRON REAL ESTATE INC COMMON STOCK | 180,161 | $6.8M | 1.8% |
| 19 | INVA 2.125 03/15/28INNOVIVA INC BOND | 6.2M | $6.6M | 1.7% |
| 20 | ETENERGY TRANSFER L P COM UT LTD PTN | 345,960 | $6.6M | 1.7% |
| 21 | BORTBANK OF BOTETOURT | 122,465 | $6.5M | 1.7% |
| 22 | CPKFCHESAPEAKE FINANCIAL SHARES | 178,850 | $6.4M | 1.7% |
| 23 | BAC 7.25 PERP LBANK AMERICA CORP CNV PFD L | 4,905 | $6.2M | 1.6% |
| 24 | VZVERIZON COMMUNICATIONS INC | 145,238 | $6.1M | 1.6% |
| 25 | LFGPLEDYARD FINANCIAL GROUP INC COM USD1.00 | 343,621 | $6.1M | 1.6% |
| 26 | FXNCFIRST NATL CORP COM | 203,809 | $6.1M | 1.6% |
| 27 | PFEPFIZER INC | 245,185 | $5.9M | 1.5% |
| 28 | PTBSPOTOMAC BANCSHARES INC COM | 231,048 | $5.5M | 1.4% |
| 29 | KIM 7.25 PERP NKIMCO REALTY CORP PFD | 87,693 | $5.5M | 1.4% |
| 30 | VICIVICI PPTYS INC COM | 201,181 | $5.3M | 1.4% |
| 31 | MFGIMERCHANTS FINL GROUP INC COM | 132,830 | $5.2M | 1.4% |
| 32 | APLEAPPLE HOSPITALITY REIT INC COM NEW | 300,869 | $5.1M | 1.3% |
| 33 | NOG 3.625 04/15/29NORTHERN OIL&GAS INC BOND | 5.3M | $5.0M | 1.3% |
| 34 | FMBMF&M BK CORP CAP STK | 134,364 | $4.9M | 1.3% |
| 35 | WYWEYERHAEUSER CO MTN BE COM NEW | 189,903 | $4.5M | 1.2% |
| 36 | CWBCCOMMUNITY WEST BANCSHARES NEW COM | 162,139 | $4.4M | 1.1% |
| 37 | CSBBCSB BANCORP | 58,284 | $4.2M | 1.1% |
| 38 | ALRSALERUS FINL CORP COM | 134,400 | $4.2M | 1.1% |
| 39 | NOGNORTHERN OIL&GAS INC COM | 223,884 | $4.1M | 1.1% |
| 40 | FSBHFSBH CORP COM | 240,000 | $3.9M | 1% |
| 41 | MOATVANECK ETF TRUST MRNGSTR WDE MOAT | 37,508 | $3.9M | 1% |
| 42 | ENRENERGIZER HLDGS INC NEW COM | 158,733 | $3.4M | 0.9% |
| 43 | SFL CORPORATION LTD COM USD0.01 | 322,242 | $3.3M | 0.9% |
| 44 | BBTBEACON FINANCIAL CORP. COM | 97,306 | $3.0M | 0.8% |
| 45 | ABCBAMERIS BANCORP | 30,759 | $2.8M | 0.7% |
| 46 | FWONK 2.25 08/15/27LIBERTY MEDIA CORP DEL BOND | 2.2M | $2.8M | 0.7% |
| 47 | LXPLXP INDUSTRIAL TRUST COM | 49,487 | $2.7M | 0.7% |
| 48 | HCIHCI GROUP INC | 14,662 | $2.6M | 0.7% |
| 49 | ACIALBERTSONS COS INC COMMON STOCK | 185,187 | $2.5M | 0.7% |
| 50 | FCCOFIRST COMMUNITY CORP | 76,500 | $2.5M | 0.6% |
| 51 | AIGAMERICAN INTERNATIONAL GROUP | 33,000 | $2.5M | 0.6% |
| 52 | VOOVANGUARD INDEX FUNDS S&P 500 ETF USD | 3,462 | $2.4M | 0.6% |
| 53 | SLBSLB LIMITED TRADING | 51,074 | $2.4M | 0.6% |
| 54 | FLG 6 11/01/51FLAGSTAR BANK | 53,868 | $2.2M | 0.6% |
| 55 | WGO 3.25 01/15/30WINNEBAGO INDS INC BOND | 2.3M | $2.1M | 0.6% |
| 56 | SPB 3.375 06/01/29SPECTRUM BRANDS INC BOND | 2.0M | $2.0M | 0.5% |
| 57 | TAT&T INC COM USD1 | 98,318 | $2.0M | 0.5% |
| 58 | FISIFINANCIAL INSTITUTIONS INC | 49,428 | $1.9M | 0.5% |
| 59 | CNH INDUSTRIAL NV COM EUR0.01 | 171,233 | $1.9M | 0.5% |
| 60 | PFISPEOPLES FINANCIAL SERVICES GROUP COM USD2 | 28,746 | $1.9M | 0.5% |
| 61 | GOOGL 6.25 05/15/29 BALPHABET INC DEP SHS RP1/20 B PFD | 37,775 | $1.9M | 0.5% |
| 62 | CAKE 2 03/15/30CHEESECAKE FACTORY INC BOND | 1.5M | $1.9M | 0.5% |
| 63 | GDXVANECK ETF TR VANECK GOLD MINERS ETF | 23,142 | $1.7M | 0.5% |
| 64 | HAE 2.5 06/01/29HAEMONETICS CORP MASS BOND | 1.7M | $1.7M | 0.5% |
| 65 | ETSY 0.125 09/01/27ETSY INC BOND | 1.8M | $1.7M | 0.4% |
| 66 | BANCBANC OF CALIFORNIA INC COM | 80,550 | $1.6M | 0.4% |
| 67 | WEC 3.375 06/01/28WEC ENERGY GROUP INC BOND | 1.5M | $1.6M | 0.4% |
| 68 | GWRE 1.25 11/01/29GUIDEWIRE SOFTWARE INC BOND | 1.6M | $1.5M | 0.4% |
| 69 | TSNTYSON FOODS INC | 26,340 | $1.5M | 0.4% |
| 70 | VSH 2.25 09/15/30VISHAY INTERTECHNOLOGY INC BOND | 735,000 | $1.5M | 0.4% |
| 71 | PCRX 2.125 05/15/29PACIRA BIOSCIENCES INC BOND | 1.4M | $1.4M | 0.4% |
| 72 | SOBSSOLVAY BK CORP SOLVAY NEW YORK COM | 37,591 | $1.2M | 0.3% |
| 73 | IATISHARES TRUST US | 18,000 | $1.1M | 0.3% |
| 74 | CZBTCITIZENS BANCORP VA INC COM | 28,525 | $1.1M | 0.3% |
| 75 | VTVANGUARD INTL EQUITY INDEX FDS TT WRLD ST | 6,135 | $962,888 | 0.3% |
| 76 | WIWWESTERN AST INFL LKD OPP&INM COM | 111,992 | $940,731 | 0.2% |
| 77 | VGMINVESCO TR INVT GRADE MUNS COM STK USD0.01 | 86,117 | $912,843 | 0.2% |
| 78 | HWCHANCOCK WHITNEY CORP | 10,898 | $814,304 | 0.2% |
| 79 | AGIALAMOS GOLD INC COM | 25,897 | $785,703 | 0.2% |
| 80 | AMPH 2 03/15/29AMPHASTAR PHARMACEUTICALS INC BOND | 835,000 | $758,229 | 0.2% |
| 81 | MTBM&T BANK CORP COM USD0.50 | 3,179 | $756,711 | 0.2% |
| 82 | IFFINTERNATIONAL FLAVORS&FRAGRANCES COM | 8,602 | $683,319 | 0.2% |
| 83 | QABAFIRST TRUST NASDAQ ABA CBIF | 9,868 | $664,002 | 0.2% |
| 84 | MSFTMICROSOFT CORP | 1,671 | $623,208 | 0.2% |
| 85 | BRK/BBERKSHIRE HATHAWAY INC COM USD0.0033 CLASS | 1,200 | $600,468 | 0.2% |
| 86 | SSBSOUTHSTATE BK CORP COM | 5,890 | $588,406 | 0.2% |
| 87 | IUSVISHARES CORE S&P US VALUE ETF | 4,550 | $501,183 | 0.1% |
| 88 | ORCLORACLE CORP | 3,000 | $439,650 | 0.1% |
| 89 | ABBVABBVIE INC COM USD0.01 | 1,629 | $409,922 | 0.1% |
| 90 | JPMJPMORGAN CHASE&CO. COM | 1,198 | $392,141 | 0.1% |
| 91 | SBCFSEACOAST BANKING CORPORATION OF FLORIDA | 10,826 | $359,974 | 0.1% |
| 92 | SPYSTATE STREET SPDR S&P 500 ETF UNITS | 448 | $334,307 | 0.1% |
| 93 | SKESKEENA RESOURCES LIMITED COM | 11,880 | $316,721 | 0.1% |
| 94 | GLDSPDR GOLD TR GOLD SHS | 842 | $310,176 | 0.1% |
| 95 | FFSMFIDELITY FUNDAMENTAL SMALL-MID CAP ETF | 7,860 | $300,331 | 0.1% |
| 96 | ESEVERSOURCE ENERGY | 4,147 | $299,704 | 0.1% |
| 97 | KRKROGER CO COM USD1.00 | 5,005 | $277,907 | 0.1% |
| 98 | FRAFFRANKLIN FINANCIAL SERVICES CORPORATION | 4,400 | $275,440 | 0.1% |
| 99 | ALB 7.25 03/01/27ALBEMARLE CORP DEP SHS A PFD | 4,675 | $258,761 | 0.1% |
| 100 | STWD 6.75 07/15/27STARWOOD PPTY TR INC BOND | 245,000 | $249,768 | 0.1% |
Source: SEC Form 13F-HR, reporting period 2026-06-30. Values are the manager's filed June-30-style quarter-end marks, not live prices. Research, not investment advice.