Cutler Capital Management

Cutler Capital Management as of June 30, 2019

Portfolio Holdings for Cutler Capital Management

Cutler Capital Management holds 98 positions in its portfolio as reported in the June 2019 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Lexington Realty Trust (LXP) 3.6 $9.0M 959k 9.41
MetLife (MET) 3.6 $9.0M 181k 49.67
Exchange Bank (EXSR) 3.5 $8.7M 52k 166.86
New York Cmnty Cap Tr V unit 99/99/9999 (NYCB.PU) 3.5 $8.6M 179k 47.85
General Motors 3.1 $7.8M 203k 38.53
National Health Invs Inc note 3.0 $7.4M 6.4M 1.15
Sempra Energy convertible preferred security 2.9 $7.3M 65k 111.48
Crown Castle Intl (CCI) 2.7 $6.6M 51k 130.35
Timberland Ban (TSBK) 2.6 $6.5M 219k 29.88
Sanofi-Aventis SA (SNY) 2.5 $6.3M 146k 43.27
Ramco-gershenson Properties Trust perp pfd-d cv 2.4 $5.9M 117k 50.78
Ledyard Financial Group (LFGP) 2.4 $5.8M 295k 19.70
Tyson Foods Inc cnv p 2.3 $5.7M 71k 80.74
Epr Properties Pfd C 5.75% (EPR.PC) 2.3 $5.7M 178k 32.06
Weyerhaeuser Company (WY) 2.2 $5.6M 212k 26.34
Colony Finl Inc Sr Nt Conv 3.875% 01/15/21 B/e Dtd 01/28/14 2.2 $5.4M 5.5M 0.98
Apollo Commercial Real Estate Finance Inc note 4.750% 8/2 2.1 $5.3M 5.3M 1.00
Parke Ban (PKBK) 2.1 $5.3M 221k 23.95
Consolidated Tomoka Ld Co note 4.500% 3/1 2.1 $5.2M 5.1M 1.02
F & M Bank Corp Cdt (FMBM) 1.9 $4.7M 162k 29.00
Colony Cap Inc New cl a 1.7 $4.3M 864k 5.00
Atlas Air Ww deb 1.7 $4.2M 4.1M 1.03
Pcb Bancorp (PCB) 1.7 $4.1M 243k 17.04
Dominion Resource p 1.6 $3.9M 78k 50.28
Ship Finance deb 1.6 $3.9M 3.9M 1.01
Carriage Svcs Inc note 2.750% 3/1 1.5 $3.7M 3.8M 0.99
Pattern Energy Group Inc. 4.00% July 15, 2020 ccb 1.4 $3.5M 3.5M 1.01
Citizens Community Ban (CZWI) 1.3 $3.2M 271k 11.93
Sb Financial (SBFG) 1.2 $3.0M 185k 16.46
Fncb Ban (FNCB) 1.2 $2.9M 376k 7.74
Key (KEY) 1.1 $2.7M 152k 17.75
Community West Bancshares 1.1 $2.6M 274k 9.65
Goldman Sachs deb 1.0 $2.6M 2.6M 1.00
Hannon Armstrong Sust Infr C note 4.125% 9/0 1.0 $2.4M 2.2M 1.10
Bunge 1.0 $2.4M 43k 55.72
Atlas Air Worldwide Holdings 1.0 $2.4M 53k 44.64
Bank Of Botetourt Buchanan Va (BORT) 1.0 $2.4M 85k 28.00
Main Street Banc 1.0 $2.4M 104k 22.79
Fidelity Southern Corporation 0.9 $2.3M 75k 30.97
Blue Ridge Bank (BRBS) 0.9 $2.3M 118k 19.35
Solvay Bank (SOBS) 0.9 $2.2M 57k 38.99
Radius Health Inc note 3.000% 9/0 0.9 $2.2M 2.4M 0.91
Benchmark Bankshares (BMBN) 0.9 $2.2M 108k 19.99
Spirit Realty Capital 0.9 $2.2M 50k 42.66
Northwest Indiana Ban 0.8 $2.1M 48k 44.00
Franklin Financial Services (FRAF) 0.8 $2.0M 51k 38.11
Chesapeake Financial (CPKF) 0.8 $1.9M 74k 26.18
Medical Property 0.7 $1.8M 104k 17.44
Blackstone 0.7 $1.8M 40k 44.41
Sb Finl Group Inc dep shs pfd 6.5% 0.7 $1.7M 108k 16.09
Pfizer (PFE) 0.7 $1.6M 38k 43.32
Citizens First 0.6 $1.6M 62k 25.67
Orrstown Financial Services (ORRF) 0.6 $1.5M 69k 21.99
VSB Ban (VSBN) 0.5 $1.3M 63k 20.29
F&m Bancorp p 0.5 $1.3M 40k 32.25
Potomac Bancsh 0.5 $1.3M 95k 13.62
First Business Financial Services (FBIZ) 0.5 $1.2M 53k 23.50
Apple (AAPL) 0.5 $1.2M 6.2k 197.89
Wellesley Ban 0.5 $1.2M 36k 32.60
Vareit, Inc reits 0.5 $1.2M 129k 9.01
Somerset Trust (SOME) 0.5 $1.1M 28k 41.00
Merchants Financial (MFGI) 0.5 $1.1M 16k 72.48
Metro Phoenix 0.4 $1.1M 85k 12.84
First of Long Island Corporation (FLIC) 0.4 $1.1M 53k 20.08
Teva Pharmaceutical Industries (TEVA) 0.4 $984k 107k 9.22
Invesco Van Kampen Trust For Inv Grd Mun (VGM) 0.4 $961k 76k 12.67
Lexington Rlty Trst Pref 6.50% p (LXP.PC) 0.4 $968k 18k 53.78
County Bank Corp equity 0.4 $943k 17k 56.48
Lakeland Ban (LBAI) 0.3 $856k 53k 16.15
Dominion Resources (D) 0.3 $819k 11k 77.32
First National Corporation (FXNC) 0.3 $812k 40k 20.35
Johnson Controls International Plc equity (JCI) 0.3 $826k 20k 41.30
Mchenry Bancorp 0.3 $770k 7.0M 0.11
Select Ban 0.3 $732k 64k 11.44
First Community Corporation (FCCO) 0.3 $710k 38k 18.51
Petroleum & Res Corp Com cef (PEO) 0.3 $713k 43k 16.54
Merck & Co (MRK) 0.3 $671k 8.0k 83.88
Riverview Financial 0.3 $640k 61k 10.50
Macquarie Infrastructure conv 0.2 $585k 585k 1.00
Hci Group Inc note 4.250% 3/0 0.2 $490k 500k 0.98
Ashford Hospitality Trust 0.2 $451k 152k 2.97
Hancock Holding Company (HWC) 0.1 $360k 9.0k 40.00
American Rlty Cap Pptys Inc note 3.750%12/1 0.1 $359k 355k 1.01
Spirit Rlty Cap Inc New Note cb 0.1 $332k 325k 1.02
Seacoast Bkg Corp Fla (SBCF) 0.1 $290k 11k 25.44
Exelixis (EXEL) 0.1 $267k 13k 21.36
Envestnet Inc note 1.750%12/1 0.1 $277k 245k 1.13
CenterState Banks 0.1 $257k 11k 22.98
Global Partners (GLP) 0.1 $231k 12k 19.91
Colony Finl Inc note 5.00% 0.1 $226k 235k 0.96
Pilot Bancshares 0.1 $220k 63k 3.49
People's United Financial 0.1 $168k 10k 16.80
Cenovus Energy (CVE) 0.1 $176k 20k 8.80
Financial Institutions (FISI) 0.1 $175k 6.0k 29.17
Sempra Energy Pfd Class B 6.75% cnv pfd b 0.1 $178k 1.6k 111.25
Oxbridge Re Holdings (OXBR) 0.1 $139k 120k 1.16
Summit State Bank (SSBI) 0.1 $136k 12k 11.00
Tpg Specialty Lending In conv 0.0 $105k 105k 1.00